1a. A nursing home facility is the service my business will provide. I chose this service because a nursing home facility is a business that’s in growing demand, to help the elderly with their everyday needs, and to provide great care for the elderly.
1b. Two factors that could cause my business to be successful are a great team of employees and a leading management team. Having a great team of employees will make the day-to-day operations flow smoothly. If management behaves poorly and does not lead by example, the employees will do a poor job.
1c. Two factors that could create challenges to its profit is not having enough residents in my nursing home facility. The key to having a successful business profit is contingent on the number of seniors residing in the facility. Another factor that will create challenges in my business is when the management team …show more content…
If the other party to the contract materially breaches their obligations to the contract, my rights will be to sue the employee for expectation damages and compensatory damages. As the owner of the business, I expect my employees to do their job correctly and according to the signed employee contract. I will also be able to sue for compensatory damages; these damages will include the calculated cost to hire and replace the employee who breached the contract.
5d. If I materially breach my obligations under this contract, the employee can sue me for compensatory damages and punitive damages. Compensatory damages are used to put the non-breaching party in the position they were in before the breach of contract. However, Punitive damages are payments that the breaching party must pay to fully compensate the non-breaching party. This will cover the time and money that the employee lost due to termination. Punitive damages are ultimately used to punish the wrongful party.
6a. A situation that could occur within my business that would potentially create an employment discrimination issue is sexual
1b. Two factors that could cause my business to be successful are a great team of employees and a leading management team. Having a great team of employees will make the day-to-day operations flow smoothly. If management behaves poorly and does not lead by example, the employees will do a poor job.
1c. Two factors that could create challenges to its profit is not having enough residents in my nursing home facility. The key to having a successful business profit is contingent on the number of seniors residing in the facility. Another factor that will create challenges in my business is when the management team …show more content…
If the other party to the contract materially breaches their obligations to the contract, my rights will be to sue the employee for expectation damages and compensatory damages. As the owner of the business, I expect my employees to do their job correctly and according to the signed employee contract. I will also be able to sue for compensatory damages; these damages will include the calculated cost to hire and replace the employee who breached the contract.
5d. If I materially breach my obligations under this contract, the employee can sue me for compensatory damages and punitive damages. Compensatory damages are used to put the non-breaching party in the position they were in before the breach of contract. However, Punitive damages are payments that the breaching party must pay to fully compensate the non-breaching party. This will cover the time and money that the employee lost due to termination. Punitive damages are ultimately used to punish the wrongful party.
6a. A situation that could occur within my business that would potentially create an employment discrimination issue is sexual