Organizational stucture, processes, and functions Essay

Organizational stucture, processes, and functions - Essay Example This is, however, the focus but other areas of investment is the upper economic class whose products are a little expensive and attracts the interests of them all in the market through the packaging size and manner (Ajami, 2006). Executive Summary DJ Company is established in consideration of the different requirements that people have in order to conduct their daily lives with ease by spending according to their ability. The company will have its headquarters in the city of New York considering the ease of transport within through railway, air, connection to water, roads and through air, but also, it will have other offices and stall in other parts of the world. The company will have a strong networking system that will link different centers in the various parts of the world where it will have stall and offices and will establish a reliable system through which customers will receive services like online purchase of products. The company will put into consideration the need for eff iciency in supply of consumer products in the world and the focus on low-income earners who may not have a lot of money to spend on very high cost products. Through this, the DJ Company will supply diverse products and services to, majorly, middle class population observing the quality standards needs as well as making the products affordable. Projected Budget Items Year one Year two Targeted (Amount in million US Dollars) Actual (Amount in million US Dollars) Targeted (Amount in million US Dollars) Actual (Amount in million US Dollars) Income Sales Shares Partnerships Others Total Spending Products Labor Warehousing and transport Offices and systems Others Total Balance 2435 4550 750 2500 10,235 800 900 750 500 250 3200 7,025 4300 5500 1200 3000 14,000 1600 1500 1200 600 300 5200 8800 2435 4550 750 2500 10,235 800 900 750 500 250 3200 7,025 The budget will be outsourced from partnership and other acquisition of loans from different companies as well as the sale of shares of the com pany to any interested individuals. This will ensure that all that the company requires will be provided and this will foster expansion to other parts of the world and consequently increasing productivity and profitability of the DJ Company. The company will spend a lot of money on offices and systems because in many parts of the world, it will start in rented places before it obtains its own premises in the specific operational locations (Kanki, Helmreich & Anca, 2010). Personnel Listing DJ Company will have its five major departments, which will be led by executive officers that will manage different plans of the company for the success and profitability of the company. These departments include the executive, budget office; office of IT, human resource and marketing and under their respective officers, the departments will facilitate the progress of the company as whole through designing of organization strategies to meet the various departments (Bhattacharyya, 2009). To facilita te adaptability and profitability of the DJ Company in different places in the world, the company will have other personnel that will enhance business activities in those specific areas of operation. Among the personnel, include the branch managers who will be situated in various points of operation and

Business law Essay Example | Topics and Well Written Essays - 1750 words - 1

Business law - Essay Example The intention of the parties is judged objectively by the judges. The court has to ask whether, in any given circumstances, a logical person would regard the agreement between the parties as whether it intended to bid them. The test is usually an objective one and the judges in the court mainly rely on assumptions in order to assist them in ascertaining whether the parties intended to be legally bound by the agreement. Where the agreement is made between the buyer and the seller, the court automatically presumes that the parties intended to be legally bound by the law by the agreement that they make. In the case Balfour v Balfour [1919] 2 KB 571, Mr. Balfour worked with the government as civil engineer. At that time, he was living with his wife. During Mr. Balfour’s leave in 1915, his wife got rheumatic arthritis when they were still in England. Her doctor insisted that she had to be left behind since she would be affected by the change of climate. As her husband was leaving, he promised to send to her 30 pounds a month until she joined him. Later, the husband said that they better live apart the way they were when she was sick. The wife sued him so that she can still be getting the 30 pounds. The court ruled that in this case, there was no enforceable agreement between the two parties. This was though even if the depth of reasoning of the two parties differed. In the case Henthorn v Fraser [1892] 2 Ch 27, the claimant had received a note from the defendant, where the defendant had offered to purchase a certain property within 14 days. The claimant responded promptly where he sent the defendant an acceptance through the email the day that followed in order to accept the offer. Before the defendant had received the acceptance from the claimant, he withdrew the offer. This was after the claimant had posted the acceptance. When the claimant sued the defendant, the court of appeal ruled that the claimant was entitled to specific performance from the defendan t. This was so because a contract becomes bidding when the acceptance is posted within the given duration of time. When an agreement is reached in a business or commercial context, the court automatically assumes that the parties to the case intended to be legally bound at the time they were making the agreement. Apply the law to the facts of the question in a detailed and logical manner As an agreement only becomes legally enforceable when the parties in the case intend to be legally bound at the time they were making the agreement, a judge has to conduct an objective assessment of the circumstances in which Sally, Peter and Burt made the agreement. The question in this case is whether under any circumstances, a logical person would regard the sale agreement as intended to be binding. The parties in this case are no friends but business people that is, a buyer and a seller. There are sufficient facts in this case to indicate that the sale agreement was in a commercial or business c ontext. Given that the parties are not friends but business partners, the court will assume that the parties involved, Peter, Sally and Burt intend to be legally bound by the time they were making the agreement. In order to enforce the sale agreement, Sally has to prove with additional facts to the presumption