Agency (1) AGENCY RELATIONSHIP? (2) AUTHORITY? Agency is an agreement‚ express or implied‚ by which the principal entrusts to the agent‚ the management of the business; to be transacted in his name‚ or on his account‚ and by which the agent assumes to do the business and to render an account of it. Agency involves: Principal‚ who passes authority to Agent to effect the legal relations between the principal Third party‚ acted with principal through the agent Section 135 CA (Definition of Agent)
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motivated travel agent workforce very responsive to customer needs. This space has been facing problem on three fronts: people‚ processes and systems to execute a customer order. The analysis would be focussing on People and Processes part of such agencies. This report would discuss the approach of analysis‚ suggest competency model as a basis to evaluate people problems as well as a reference for recruitment and training‚ enlist insights gathered from mystery shopping‚ identify the problems based
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of the future work of business travel agencies Nevmerzhitskaya‚ Julia Master’s Thesis Degree Program of Tourism 2013 Abstract Date of presentation Degree programme Author or authors Julia Nevmerzhitskaya Title of the thesis Scenarios of the future work of business travel agencies Group or year of entry YMA11 Number of pages and appendices 68 + 2 Supervisor(s) Jarmo Ritalahti This study focused on the future work of travel agencies in the business travel segment. It aimed
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Regulatory Agency Paper The government agency selected for this article is The Federal Bureau of Prisons also known as (BOP). The federal bureau of prisons role include confining federal offenders in prisons who are humane‚ safe‚ cost-efficient‚ and secure. The Bureau is responsible for helping inmates reduce future criminal activity by encouraging them to join a range of programs that are proven to reduce recidivism. The Federal Bureau of prisons employees assists inmates with programs
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“Face-to-Face agents will prove their utility into the future by acting as ‘experience centres’ and supporting the development of adventure travel and the ‘silver’ traveller” Rohit Talwer Whether travel agencies and tour operators still have a role in the worlds future is a very controversial subject‚ some believing they do‚ and some believing they don’t. Although I tend to book my holiday adventures online‚ I believe in Mr Talwer’s statement‚ that being they do still have a future. I however don’t
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DOZENS of jobs at travel agents in Preston and Leyland could be under threat after a holiday company announced it was shutting 100 stores. Thomson tour holiday operator TUI Travel is undergoing a two-year restructuring process after a merger of TUI’s travel division and First Choice. The company has not said which of its 1‚100 UK stores will be closed or how many jobs are expected to be lost. advertisementTUI will keep the two travel agent brands‚ Thomson and First Choice‚ separate. There
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Agency Theory: An Assessment and Review Author(s): Kathleen M. Eisenhardt Source: The Academy of Management Review‚ Vol. 14‚ No. 1 (Jan.‚ 1989)‚ pp. 57-74 Published by: Academy of Management Stable URL: http://www.jstor.org/stable/258191 Accessed: 14/10/2010 10:43 Your use of the JSTOR archive indicates your acceptance of JSTOR’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR’s Terms and Conditions of Use provides‚ in part‚ that unless you
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“Practices Observed of Travel Agencies providing superior assistance to local and foreign clients in Competence‚ and Compliance Levels” Palon‚ Wildence Enzo Asis Edora‚ Czarina Mae Atienza Endaya‚ Mery Cris Gersalia Zabarte‚ Blain Alexis Bernardo HRM 123 I. INTRODUCTION The study aims to determine whether a significant difference and relationship exist among the practices observe in providing superior assistance to foreign clients‚ the competence level in proposing excellent tourist attractions
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Financial Management (Agency problem) Prepared by: Sami Hassan Saeed Singabi August 2008 Introduction Economic science teaches us that due to their subjective needs‚ individuals have subjective preferences‚ and hence different interest. Occasionally different subjective interests give rise to conflicts of interest between contracting partners. These conflicts of interest may result in turn‚ in one or both parties undertaking actions that may be against the interest of the other
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QUESTION 2 INTRODUCTION Agency theory is a model that explicate why performance or judgment differ when display by member of a group. Specifically‚ it explains the connection between the party‚ called the principal that delegates work to another‚ called the agent. It clarify their dissimilarity in performance or judgment by noting that the two parties regularly have different goals and‚ independent of their respective goals‚ may have unusual manner toward threat. In another words‚ it can be also
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