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The term for the process whereby a person is held responsible for the actions of a business is "vicarious liability." This legal concept holds an employer or principal legally responsible for the negligent actions of their employees or agents, provided those actions occur within the scope of their employment or duties. Vicarious liability ensures that businesses can be held accountable for their employees' conduct, promoting responsible practices.

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What kind of process is inventory management?

Inventory management is the process whereby a company oversees the constant flow of records which are used for accessing any taxes due on any inventory type.


What are the Differences between cost control and cost reduction?

Cost Control - a method whereby costs are managed and monitored to ensure they do not grow beyond the projected amount.Cost Reduction - a method whereby costs are reduced from the projected amount


What is continuity of supply?

Continuity of supply refers to the uninterrupted flow in making something unavailable. This is applicable especially in a scenario whereby the original supply had been cut.


Definition of formal planning?

Is whereby an objective or goal is set and then a strategy is put into action to accomplish that objective or goal. Formal planning helps the management and the organization set a benchmark through which they use to measure their performance.


What is often the most difficult and unappreciated process in project management?

Estimating and Planning. This is the process whereby you or in the worst case scenario others determine the cost, duration and resources required by your project. In some cases the seeds of project failure are sown at this stage if you don't get it right and forget or overlook work packages effort. In complex projects, if you don't do enough testing as you go along, expecting it to all come together right at the end is like asking for a miracle. Blindly using data and metrics from previous projects (e.g. it took 2 weeks last time, so I will plan for 2 weeks this time) is also asking for trouble. Just throwing in risks and contingency effort/money will not help you, because trying to just throw resources at problems can make the problem even worse and take longer to fix (read the 'Mythical Man Month' book). Estimating and Planning is by far the most difficult and unappreciated process in project management, probably followed by Change Management and then Stakeholder Management.

Related Questions

What is the term for the process whereby a person is held responsible for the actions of a business?

The term for the process whereby a person is held responsible for the actions of a business is "liability." This can include legal, financial, or ethical responsibilities for the business's actions.


What is AUAICEI?

Is a process whereby jet begin


What is the process whereby substance leave the cell?

excytosis


Define tubular secretion?

Process whereby selected molecules are actively transported from the blood into the filtrate Process whereby selected molecules are actively transported from the blood into the filtrate


The process whereby laws are made is called what?

it is called legislation


When do you need to use did?

in the process whereby there"s something you have done


What is the process whereby the supreme court can judge the constitutionality of a law is known as?

The judicial review is the process whereby the Supreme Court can judge the constitutionality of a given law. During the process, the law is usually allowed to take its course.


What is the process whereby particles are separated into size by the flow of a river?

Sorting.


This is the process whereby a protein assists in simple diffusion?

Active transport


The process whereby light bounces off a material is called?

Reflection.


What is the process whereby silver nitrate is used as a precipitating reagent in precipitation titration called?

Argenmetric process


What is the process whereby an organism produces more of its own kind is known as?

reproduction