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Think of a contract as a private set of laws that only apply to the two parties who signed it. Those two parties have determined and agreed to the subject, consideration, timing, duration, etc. for the contract. Generally, the court does not interfere with the parties’ agreement, except in certain circumstances (e.g. if the subject of the contract violates public policy). When a contract is breached and a lawsuit is filed, the court will generally award compensatory damages that make the non-breaching party “whole” again, as if the breach didn’t happen. The court rarely awards punitive damages that are designed to punish the breaching party.
Do you think punitive damages should be awarded in breach of contract cases? If so, discuss why and under what circumstances. If not, discuss why not, even under circumstances including fraud or malice.
Scan and assess the external environment to determine the strategic factors that pose opportunities and threats.
In fee-for-service, providers’ price services to cost. In managed care, providers cost to price. Explain this paradigm. Analyze how managed care and this paradigm has impacted relationships among providers, payers, and patients in the U.S.
Often times employees develop ownership in the organization and feel work and materials are the product of their personal efforts.
How does Facebook compare with Twitter in terms of a method for a company to advertise? Is the audience different for the two? Are the risks/rewards different?
Why are American organizations using teams in the workplace? How do groups become teams? When should teams, groups, or individuals be used to do work?
What is the role the HR department working with management should do to reduce the fear and risk to employees from reporting corruption incidences?
Sportsman Inc. has recorded forecasts, sales and actual demand data for different products in the table.
What is the average length of the queue for the automated system model?
Using a business you are familiar with, explain how the responsibilities and role of information technology employees helps to achieve organizational objectives. Share an example. Explain what is meant by microtargeting by using high quality data. Gi..
Jackson Hole Manufacturing is a small manufacturer of plastic products used in the automotive and computer industries. One of its major contracts is with a large computer company and involves the production of plastic printer cases for the computer c..
Do you think that being environmentally sensitive can be a source of competitive advantage? or does it only represent a cost to a business?
Suppose that an electronics company has the monthly sales shown below. They want to develop forecasts using a time series regression model.
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