Distinguish Between a Promise of Guarantee and a Promise of Indemnity

question 38

Essay

Distinguish between a promise of guarantee and a promise of indemnity.

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Definitions:

Control

The process of regulating organizational activities to make them consitent with the expectations established in plans, targets, and standards of performance.

Organizational Processes

Are mechanisms and structured activities within an organization that contribute to its effective functioning, including decision-making, communication, and coordination.

Work Processes

The series of activities, tasks, or steps designed to produce a product or service.

Influence

The capacity or power of persons or things to be a compelling force on the actions, behavior, opinions, etc., of others.