Tuesday, August 13, 2019

Business Capstone Video Assignment Example | Topics and Well Written Essays - 2000 words

Business Capstone Video - Assignment Example CSC Australia Pvt. Ltd. is a company that provides business solutions that are driven by technology. The company mainly caters to the public and private sector in Australia. While balancing the operations and interests of the stakeholders, the company has to face various issues. Michael Horton who works for CSC Australia is one of the key personnel of the company. He manages various accounts f natural resources clients. The government clients are also looked after by him. In an interview, he described the issues being faced by the company. He stated that one of the primary issues of the company is related to liability capping which is negotiated at the start of any contract. Liability capping comes in the form of an agreement which restricts the amount of money that has to be paid by CSC in case the clients sue it during the breach of any contract or negligent of conditions set by a contract. This is an essential tool that helps the company to manage. Liability contracts can be very useful if they are properly evaluated and implemented. The exclusion of liability capping has some implications which can be evaluated. It is essential to understand the primary obligations mentioned in a contract. This can be related to the service that CSC would provide to his clients within the specified deadline. CSC also evaluates the losses that the government has to borne in case if the company fails to deliver the services mentioned in the contract. The magnitude of loss has to be determined. Then, it is the government’s responsibility to mitigate the effects of the loss. In case losses occur, CSC is liable to compensate its clients so that all direct and consequential losses suffered are recovered in the process.

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