Contract & Procurement - Business outsourcing - Case study 3 Essay

Contract & Procurement - Business outsourcing - Case study 3 - Essay Example We have been considering their revenue and therefore we negotiate with them on the repayment. Our flexibility in terms of interest on loans has also been an admiration to many. Our institution have been offering different interest rate depending on the amount borrowed and the repayment time. The greater the sum borrowed, the less the interest charged. Also, the shorter the repayment time, the less the interest charged. We also offer monetary advice on venturing and savings. These additional services are also important to our customers since some of them may be willing to start a business but lacks the knowledge and how to begin. Our services are, therefore, outstanding, and we are getting new customers every day. We are, therefore, facing some challenges in coping with the ever increasing customers in some areas of operation. The areas include; finance and accounting, investment and management, and procurement (Davis & Heineke, 2009). There are many factors that affect the decision o f a firm to outsource some functions. The table below gives some of these factors. After a careful consideration, the firm management have decided to outsource this sector of operation. Accounting is one of the crucial department in any institution more so a financial institution. We are looking to make sure that our financial operations reach a professional height. The financial companies that are willing to work with us must have a reputable past. The reason is that we want serious company that will take our operations to a notch higher. The following are the requirements for the companies bidding for the post should possess. The company should have a professional human resource department that is approved by the professional accountancy authority in the country. They will, therefore, be a requirement of the approval certificate of the workers in the company. The firm should also be enumerated with the registry of the companies according

Critically evaluate, in relation to the common law duty of care, the Essay - 10

Critically evaluate, in relation to the common law duty of care, the liability of employers for references. How, if at all, does - Essay Example Along these lines it is essential for the petitioner to secure that the litigant owed them a duty of care. The presence of a duty of care hinges on, upon the sort of misfortune and distinctive legitimate tests, applying to diverse misfortunes. This address recognizes the position in connection to particular damage and property harm. Critical Evaluations between a university and an employer in reference provisions Liability of a university such as Sussex in providing reference In the University of Sussex, It has dependably been clear that they owe a general obligation of consideration in planning references for learners. On the other hand, court decisions now make clear that this obligation has a particular legitimate measurement, and that an official may be subject for harms to the subject of a reference if misfortune is brought on to that individual through carelessness. Such obligation might come to fruition through lack of regard on matters of reality or estimation. In this way th ey guarantee that they put a duplicate of the reference you compose on the focal record. For current learners, this means the School record; for ex-people they send it to the Student Systems Office, Sussex House to be documented (Sussex, 2013). They likewise attempt to be reasonable, acknowledging the obligation of consideration owed to both the subject and the beneficiary of the reference, they also guarantee that the reference is genuinely exact and true as they are unequivocally encouraged to ask for, as suitable, the present School document or the filed index from the Student Systems Office and to check your realities as needs be (Sussex, 2013). It is additionally exceptional to note that they attempt however much as could reasonably be expected to oppose demands to compose up unsolicited references particularly when the person has not referred to you as a ref and likewise have halted from phone references as Oral references are effectively mis-interpreted, mis-listened, or misc onstrued (Sussex, 2013). This practice does not contrast much from the act of that of a manager to the procurement of references as is set to be laid out underneath or below. Liability of an employer providing References. There is no legitimate commitment on a boss to provide a reference for an ex-representative. This is liable to administrative prerequisites in certain divisions, for example financial services and where the gatherings have entered into an understanding, for example a bargain assertion under which they have contractually concurred a reference. A management's strategy on whether or not to give a reference needs to be dependable: a choice to provide a reference to some however not all ex-representatives could be discriminatory under the Equality Act 2010 (the Act) if this is linked to ensured qualities (Flint, 2013). Where a superintendent does provide a reference, he/she has a duty of care to the ex-representative and must take sensible care in the readiness of the r eference which must be accurate, correct and reasonable and not give a misleading image. While the given reference does not necessarily have to be comprehensive, it should not be misleading through oversight. A manager may be obligated for careless error where its reference gives an inaccurate impression and in great cases it might likewise be subject in the tort of double