Directors liabilities and duties Essay Example | Topics and Well Written Essays - 10000 words

Directors liabilities and duties - Essay Example The liability of the directors for statements in reports has also been covered in the new regime. The objective of this study is to bring out the salient aspects of liabilities and duties of the directors as set out in the current regime of Company Law legislation. The objective of this chapter is to present an overview of the topic chosen for study as well as the aims and objectives of the research. The chapter also details the structure of the paper to have a comprehensive understanding of the text of the report. However it is not possible to limit the functions of the company only to the above as there are number of other areas to which the scope and application of the company law legislation can extend. Moreover these functions as well as any other functions have associated costs and benefits. Hence it can be stated that the role of the company law is to maximize the benefits while minimizing the costs of implementation of the various provisions. It is also necessary that these key policy choices are examined within the context of the relationships that might be formulated between the various parties with which the company law legislation deals with. Illustrations of these

Management in GIFC Company Case Study Example | Topics and Well Written Essays - 750 words

Management in GIFC Company - Case Study Example The company management should take an audit of the entire organization and get an understanding of their marketplace. Some of the issues Maria and the associates should survey the competitive environment to know the companies offering similar products. The company should establish whether there are other companies offering Chinese or Greek foods that Johnny suggests as an investment of the GIFC Company. The company should also establish the organization's real competencies to venture into a new expansion. For instance, it would be advisable for all the entire management team to join a management institute and acquire specific skills to suit their roles. The other step to assist the management to strategize the activities of the company and its expansion by identifying what is important (Brasfield, 2012). The company management should focus on where they have to take their organization over time to create a long-term defined mission. The most important things to bear in mind for the organization to grow are the customers, the market size, and the products they will offer to their clients. In addition, employee welfare, communication, and motivation are key issues for consideration (Brasfield, 2012). The conceptualizations of what the organization’s future should appear will enable it to achieve its vision and grow tremendously. The organization management should their priorities that will require the full and immediate attention of the whole team. The strategic plan should, therefore, focus on such issues to ensure that the right decisions are made they can embark on major changes for expansion of their business operations.