Thomas Green and His Dynamic Display Essay Example | Topics and Well Written Essays - 1500 words

Thomas Green and His Dynamic Display - Essay Example According to the discussion, Thomas had reached his position based on a recommendation from Frank’s boss. The case describes the work performance of Thomas based on different incidents based on the perspective of Frank who is building up a case to fire newly appointed marketing executive. Dynamic Display Corporation is dedicated to providing self service options to banks via Automated Teller Machines. The company has been in business since 1990. In 1994 the managerial staff of the firm noticed an opportunity for growth in the travel and hospitality industry. A new division was founded to serve this market by offering self-service check-in kiosks. By 2007 the travel and hospitality division had become the market leader with 60% market share and over 1500 kiosks across a network of 75 airports. The attractiveness of the company products was that it reduced the costs of checking in a passenger to about $0.30 per passenger which represents a 90% cost reduction in comparison with a gent check-in. A new trend in the industry was the utilization of web-check in. Web checks were taking business away from the company. Dynamic Display was looking for new managerial talent with fresh ideas to keep its travel and hospitality industry competitive. Thomas Green was young professional with an outgoing personality that started working at Dynamic Display in March 2007 as an account executive. Ever since he was recruited by this company Thomas had high hopes for his chances to succeed at his new job. A common key success factor of successful business people is the ability to set and achieve goals1. Thomas showed initiative and voluntarily attended training at corporate headquarters. His communication skills, energy, and insight into the ATM market caught the attention of a key executive, Shannon McDonald. McDonald took Green under his wings and mentored the kid and in a short period of time McDonalds promoted Thomas to senior market specialist.

Learning about legal aspects of contract practice and procedure Assignment

Learning about legal aspects of contract practice and procedure - Assignment Example In some countries, a valid substitute can satisfy the element attention. The law can also terminate contracts. The law tends to provide remedies in case of breaching of the promise. The law also recognizes the commitment’s performance as a duty. Existence of duty gives rise to contracts due to the promise that one of the parties makes. For a contract to be legally bound, the promise has to be exchanged so that it may be adequately considered. Mainly, the governance of contracts lies on the hands of common law, state statutory and the private law. Private law primarily concentrates on agreement terms made between the parties involved exchange (Chen-Wishart, 2007). The case of Barry is tricky since there are no written documents to show that they had entered into a contract with Iva. It is clear and evident that the offer is a key element which provides a definition of the contract’s relevant issues. For an offer to be legally valid, it must be first communicated efficiently. This gives the receiving party the ability to either accept or reject because a contract is only entered into voluntarily. It does not of importance on whether the receiving party reads the contract or not, but he or she has no bearing when it comes to determination of the offer’s clarity. The offer should only provide a clear opportunity to the recipient of rejecting or accepting the contract. However, in case of someone enters into a contract without reading or understanding it, it is for his or her risk (Chen 2007, p 130). In addition, particular and definite terms must be in place for an offer to be considered valid. The contract’s terms are considered definite when a reasonable person has a capability understanding readily the terms. In the case of Barry, he was given an offer by Iva and clearly understood the terms in that contract. However, review by the courts on whether the terms are definite is usually done with the help of primary elements agreement.