Nature and Extent of Partner’s Authority to Bind the Firm by His Acts

Sections 18 declares that from the point of view of the third parties a partner is an agent of the firm for the purposes of the business of the firm. Even if only one partner acts on behalf of the firm liable. One partner can make all the other partners liable only if he acts within his express or implied authority. Thus, it is the express and implied authority of the partners which decides the nature and extent of their authority to kind the firm. Express authority of a partner When a partner is expressly authorized by an agreement of all the partners to do certain acts on behalf of the firm, it is called the express authority of a partner. A partner can kind the firm by any such act which falls width the scope of his authority, even if it does not fall within the scope of business. Continue reading

Why Should Organizations Strive for a Gender-Balanced Workforce?

Gender balance in organizations refers to the equal representation and participation of individuals of different genders in various positions and roles within the organization. Striving for gender balance is not only a moral imperative but also a sound business strategy. It has been proven that organizations with a diverse and inclusive workforce perform better than those with a homogeneous workforce. In this essay, we will discuss the importance of gender balance in organizations and the ways in which organizations can strive to achieve gender balance. The Importance of Gender Balance in Organizations Gender balance in organizations is critical for several reasons. First, it promotes equal opportunities for all individuals regardless of their gender. It ensures that all individuals have equal access to education, training, and job opportunities, which enables them to develop their skills and contribute to the organization’s success. Gender balance also ensures that the organization benefits from a Continue reading

How Different Generations Adapt And React To New Technologies

The new information and communication technologies (ICTs) represent all the tools available to us in terms of telecommunications, computing, audiovisual, Internet, multimedia etc. These new technologies have allowed the emergence of new practices in our daily lives. Both professionally and privately. In general, these new tools bring performance and productivity to users, but these new technologies can have several disadvantages. Who is Interested in New Technologies? And What are Their Expectations? Millennials, the generation Y is the generation which is the most interested in new technologies. They are already aware of new trends and they want new things, they want to live new experiences. Millennials are young people born between 1980 and 2000 and they represent 25% of the total population all around the world. Their expectations are totally different from the other generation such as baby boomers or generation X. This is the generation who born with the internet and then Continue reading

Case Study: Google’s Quest for Competitive Advantage

In 1996 two computer science PhD students at Stanford University, Sergey Brin and Larry Page, were wondering how they could sort through the massive amount of information that was starting to appear on the Web to find specific and useful information on a topic. Although there were several different technologies, or search engines, available to search the Web for information, none of them seemed particularly useful to Brin and Page because they failed to distinguish between useful and trivial Web sites. Brin and Page decided to build a search engine that not only would examine the words on Web pages and then index them as other search engines did, but also would look at how and where these words were being used and at the number of other Web sites linked to a page. The goal was to have the search engine return a list of Web pages with the Continue reading

Consumers and Technology

Consumers is someone who buys and uses products and services. Consumers also known as customers, clients, regulars, patrons and trade. Consumers have their own demand. Consumer demand led to higher imports of manufactured good. Good services must be giving to the consumer. Seller must give good services to the consumers. Bestseller need to know what is good for consumers. In this case, seller have to make an easy way to make sure the consumers do not have any problem to buy and use product and services. Currently, technology is common to everybody. Every people know how to use a technology. Design of gadgets is increase in consumers tastes. Consumer tastes also increase in a multiplication and choice in media channels and content. Technology providers are looking for innovative ways to understand consumers. Technology providers need to know their needs, preferences, tastes and desires and how these will shape the future Continue reading

Seven C’s of Effective Communication

Seven C’s of Effective Communication(with respect to written communication) Written communication occupies an important position in the communication sphere, so written communication has to pay adequate attention on certain principles of necessity. The essentials of every written communication are principles of unity, coherence and emphasis. These principles along with other essentials of effective communication, like language, planning and organization make the written communication effective. Clarity: The writing should be correctly planned and expressed in a logical way,and the writer should make sure that the ideas flow smoothly from beginning to end. The message must be so clear that even the dullest man in the world should readily understand it. The communicator must be very clear about all the aspects of the idea in his mind and about the purpose for which it is to be communicated. Next to it, he must be clear about the selection, suitability and usage of Continue reading