Econimics course work Coursework Example | Topics and Well Written Essays - 1000 words

Econimics course work - Coursework deterrent exampleThis puts high power incentives as a risky actor of having things done in an organization. If the management arrangement is not strong and if means of monitoring and evaluation is not keen, then employees could use dubious means to have their goals realized. This could put an organization in the edge of losing its face and reputation. Applying high power incentives also has a tendency of narrowing the capacity of employees (Campbell, 76). They would largely concent sum up on one endeavor wherein there is a promise while at the same time neglecting other atomic number 18as that may not be of nifty urgency but of equal priority. This may also lead to an extensive malfunction of other departmental organizations and functionalities. These make high power incentives not appropriate for motivating employees. Various tasks are best performed by contract. These include much(prenominal) tasks that need external audit that internal empl oyees should not do. Also tasks that require expertness attention that may not be found within the organization warrants a contract. Tasks, which may burst the secrets of the organization, are good if they are contracted unless under examined ethical conditions. Internal employees best do such tasks. 2. Issues related to the organization of the firm ( cause between Asphalt Acres and Auto Engineering Comp from each one) The main aspire of a contract is formalizing an agreement between parties. The agreement has to be mutu bothy agreed upon and legally consented to. Contract often encompasses a wider range of things in this case, the use of a property, price of items and facility, open knowledge of any due charges. The contract relationship, terms of dispute settlement, and terms and conditions underlying work for hire have to be made clear. Since the pricing of the property and any other charges underlying the contract has to be made by Asphalt Acres, it would be proper for the Au to Engineering Company ensure that they evaluate these terms if they are commensurate to the profitability of the whole project. It is also key to determine the cost of other options available lest they depart the risk of being exploited. All issues in a contract have to be made clear, all the hidden chares may interfere with the relationship of the contract, and therefore the Auto Engineering Company should not look at any vagueness related to the issues of the contract. All charges have to be made clear to debar any conflict. Additionally, to avoid any conflict of interest, the relationship, and the management of the field has to be made clear. The offer has to be of value and of massive benefit to both parties. They also have to determine their terms of management and clearly determine the roles of each company in the field to avoid any confusion that may arise. 4. Transfer values Transfer of pricing refers to the analysis, charge adjustment, and price setting made between Parties of related interest trading on goods and services. Price transfer is an important determinant of how the prices and interests are accrued between the parties. The transfer of pricing also determines the rate of taxes. Allocation of resources is also determined by the determined by the existing prices among the components. Price transfer is important for the tax administrators and taxpayers due to their importance in determining the income, expenses,