Select One of the Axioms of Management and Discuss Its

question 90

Essay

Select one of the axioms of management and discuss its relationship with creating a high performing HR system within an organization.

Identify and classify e-commerce organizations based on their operational domains.

Recognize legislation related to online activities and its implications for e-commerce.

Describe the evolution and adaptation of businesses from traditional to digital platforms.

Grasp the significance of mobile commerce and its impact on daily activities.

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Definitions:

Principal

In finance, the principal is the initial amount of a loan or the amount of an investment excluding any interest or profit earned.

Agency by Ratification

An arrangement where a principal formally approves an act performed by someone who did not have the authority to act as their agent at the time of the act.

Ratification Requirements

Key provisions that must be met for an agreement or treaty to be officially approved and adopted by the involved parties.

Ratification to Be Effective

The process through which formal validation or approval is given, making an agreement officially valid.