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Aon risk services Inc. (ARS Arkansas) and combined insurance companies are subsidiaries of Aon Corporation. Aon issued an interdependency Memo in February 2000 which was designed to motivate ARS brokerage offices to place insurance business with Aon-affiliated companies through a bonus pool for revenues generated under the plan. Under the terms of the memo. Aon agreed to pay 30% of an annualized premium on all life products over 15-year term plus 15% a 1st year for all the products. John meadows saw the memo in Feb 2000 and believed it would entitle him to this compensation over and above his employment contract.
Meador put combined in touch with Dillard’s Department stores and on March 24, 2000. Dillard’s and combined executed a five-year agreements whereby Dillard’s employees could purchase life, disability, and other insurance policies through workplace enrollment. When meadows did not receive bonus-pool money generated by the transaction he sued his employer for breach of contract, His employer’s defense was that the memo was not sufficiently definite to constitute an offer. Discuss whether there was a contract formed for the bonus compensation systems. Are you able to classify the type of contract?
Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..
Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..
Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..
An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.
Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.
Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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