Corporate governance Essay Example | Topics and Well Written Essays - 3750 words

Corporate governance - Essay Example ehalf of all shareholders of the Company and hence is responsible for every matter related to the firm that is the establishment of the firm itself and then providing every possible help so that it can achieve every business and organizational objectives and that too under continuous guidance with proper review and timely counseling. The set of purposes for which the board has been established are: To approve and monitor various critical business and the corresponding financial strategies of the company thereby assessing every major risks which the Company might face and the ways through which it can be mitigated. To oversee processes that have been designed to ensure that the Company; its employees etc are very much functioning under the law of the land as well as the applicable laws and regulations and the Companys conduct manual that is applicable equally at all places. The company’s power structure has been clearly defined along with the responsibilities of the head of the company is in between the functioning of the board and the executives withholding the responsibilities of the various businesses, departments and projects of the company. The decision making is a joint work with none of the individual having superior powers of decision. The appointment of new directors to the board is being done after a formal, rigorous and transparent procedure. The appointment is being achieved while depending on the information that board are being supplied on periodic basis that too in form of skills and qualification which is most suitable as well as appropriate so that the complete board including the new individual will get enabled to form a unit while discharging its duties. All directors over here receive induction on joining the board and are regularly updated to refresh their skills and knowledge. Corporate governance and the associated system is quite necessary for ensuring better performance of the whole corporate entity so that shareholders interest

Business and marketing Assignment Example | Topics and Well Written Essays - 1250 words

Business and marketing - Assignment Example The company has a strong record of delivering project solutions to different clients across the globe and it can work alongside the customers to identify the key challenges, then develop and implement effective project management plans that are designed to meet customer expectations. The other important site in dealing with project management is operated by Ants project Management Consultants available at accessed November 18, 2012. According to information obtained from the above mentioned website, the benefits of using this service include the following: â€Å"improved efficiency and increased profitability through better utilization of limited resources - enhanced planning, scheduling and cost control - leading to more consistent achievement of milestones, goals and objectives - better horizontal communications.† Ideally, this is what Projects4Technology is looking for. This plan is very important since it provides the framework upon which all work will be carried. This kind of work has to go stage by stage so as to ensure that all the necessary information has been incorporated in the project document. Basically, a virtual organisation is a network of independent organisations linked together by information technology (IT) and it does not operate from a fixed place since all work is done through the internet (Haag, Cummings & Dawkins, 2000). Besides the challenges that are likely to be encountered if the company adopts a virtual structure, it can be noted that the advantages of this structure outweigh the disadvantages. For instance, the company will save $450  000 each month for office rentals. The company will also save $200  000 of transport costs every month. This improves its viability since it will be in a position to lower its operational costs. The other advantage is that the internet is ubiquitous and it can be accessed from any place which