Company policy

While professional awareness has increased, there are still hindrances to universal access in the workplace. Today almost all companies have access to the Internet, but company policy may limit usage during business hours or on company equipment Also, many countries still face prohibitive online access charges, although free market competition will take care of that in time, and Canada s no-charge policy may well be the wave of the future ... 

In the absence of a rislc allowance the cost of capital becomes a technical financial computation based on sources of funds and company policy. As such it will usually be presented as a figure specified For use in a particular appraisal and is therefore of little concern to the projec t assessor. However, the following resume indicates the lands of Factors to be considered. 

The gross annual profit Acp in Table 9-36 is dependent on the balance-sheet annual depreciation charge Abd, whicm is not necessarily the same as the depreciation allowance used for tax purposes. Since Abd is arbitrarily chosen, it can be used to make the gross annual profit Agp high or low according to the company policy. 

Although not as informative as past performance measures or hard evidence of good programs, the existence of a company policy stating a candidate toller s commitment to health, safety and environmental responsibility should be determined. These policies, typically signed and displayed prominently in the facility, help ensure management and company executives are fully aware of their commitment to workers and the public. 

Once the evaluation is done, a preferred vendor should have surfaced. Beyond the evaluation, it is up to the user, his company policy, and conscience to make the selection. Once made, a meeting with the vendor is recommended. It may be good practice to keep the second choice vendor in the background at this time. Also, under no circumstances should anyone leak the selection to the vendor. This is the first of a trading session, and until the vendor is sure he has an order, he will stay in a trading posture. If two vendors were tied or too close to call, both vendors may be called in individually. 

Although numerous cases have been documented where petroleum refineries have simultaneously reduced pollution outputs and operating costs through pollution prevention techniques, there are often barriers to their im-plementation. The primary barrier to most pollution prevention projects is cost. Many pollution prevention options simply do not pay for themselves, or the economics often appear marginal. Corporate investments typically must earn an adequate return on invested capital for the shareholders and some pollution prevention options at some facilities may not meet the requirements set by company policies. 

Contractors are required to comply with all applicable federal, state, and local regulatory requirements, in addition to host organization requirements as described in company policies and procedures and the site-specific health and safety plan (H S plan). 

Staff do not work to policies but in fact work in accordance with procedures which themselves direct actions and decisions within the framework of the stated policies. In order to make the decisions required in the procedures, staff will often need to know the company policy on a particular subject, such as procurement, recruitment, release of product, licensing agreements, agreeing design changes, etc. Can they or can they not do something and if so what criteria would they satisfy ... 

As a next step, identify the specific resources that are currently available to you and try to quantify them in terms of staff-time. Also, make sure to factor in any restrictions that might apply (e.g., a company policy that limits reas-... 

Other possible hcaltli risk company policies could take tlie following form ... 

A casualty insurance company has liigli, medium, and low risk policyholders who have probabilities 0.02, 0.01, and 0.0025, respectively, of filing a claim widiin any given year. The proportions of company policy -holders in die du-ee risk groups are O.IO, 0.20 and 0.70. Wliat proportion of claims filed each year come from die low risk group ... 

Depending upon the drilling rig type and company policy, the sequence of operations described above may be changed. 

The benefits to be accrued from the implementation of a program of planned maintenance can be found in the efficient and economical operation of the plant and equipment and the utilization of resources (i.e. plant and equipment and manpower) while also maintaining a sound standard of safe working and environmental conditions for operators, other occupants and employees within the workplace. Maintenance systems vary, depending on the location of the plant and equipment and/or company policy. Systems can range from the complete maintenance of plant and equipment using all available methods to their replacement on failure. To meet the company s requirements it is then necessary to decide on the maintenance system that provides the most satisfactory benefits overall. 

Before committing the company or department to a system of planned maintenance, it is essential that there is a complete overview of the total demand on plant, equipment and resources and the benefits from the implementation of such a system, manual or computerized. Varying systems and/or part systems exist in almost every engineering maintenance department, which are due to company policy, changes in departmental staff or workforce, commitment of persons responsible, or, as is the situation in a number of instances, a previous breakdown, which the... 

The ratio indicates by how much earnings can fall before the dividend must be reduced and shows the company policy towards the payment of dividends and profit retention. 

A clear, widely-published statement of company policy on safety. 

The amount of product storage is also dependent on the company policy. One sulfuric acid supplier promises a customer s order will be filled within 24 hours of its receipt. This requires a larger storage capacity than if the producer had promised the acid would be shipped within two weeks. 

The qualities of the product and their tolerances must be deduced from the protocols of the development. The methods to measure the qualities must be described as documented in the development protocols. The directives (a) to (t) are not detailed here. They must be written in accordance with company policies and the Quality Systems Manual for each individual production. The tolerances are given in brackets e. g. 1 °C. ... 

One member of your staff suggests that if your department spends just 10,000 to improve a process, it will yield cost savings of 3000, 5000, and 4000 over the next 3 years, respectively, for a total of 12,000. Your company policy is to have an internal rate of return of at least 15% on process improvements. What is the NPV of this proposed improvement ... 

Sponsor companies use quality assurance units independent of the clinical research group to audit medical operations. Their role is to ensure that regulatory standards and company policies and procedures for clinical research are being followed in all countries where research is being conducted. 

Adopt a formal company policy of health awareness. 

Probably the first and most important administrative action is to adopt a company policy of health awareness. The attitude of top management to health awareness is reflected in the subsequent attitudes of middle management, supervisors, and the employees themselves. No program of control is going to succeed without the full cooperation of management. In order to establish the frame of reference within which further actions can be successful, it is necessary then to adopt, declare, promulgate, and publicize a formal policy of health awareness within the plant. This policy should include the following ... 

Overall, the development of a robust formulation with scale-up potential for Phase II studies involves integration of physicochemical, biopharmaceutical, and technical considerations. Whether a rudimentary formulated capsule or a more robust formulation closer to the commercial form will be used in Phase II studies will depend on the company policy, material cost, the complexity of clinical design, and the development strategy. 

Of course, criminal action, incompetence, or malfeasance warrants discipline. These include sabotage, horseplay, fights, and other acts of malicious intent. Discipline should be addressed by company policies, not the incident investigation. 

Team members who come from another part of the organization, experienced contractors, and part-time staff may bring an unbiased, fresh, objective perspective to the investigation, and they understand general company policies, procedures, and approaches. Some companies... 

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