Martha Stewart is one of the few business mavens who can still claim widespread popularity after a highly-publicized scandal. She is the founder and former CEO of Martha Stewart Living Omnimedia Inc., a company with interests in publishing, television, merchandising, electronic commerce, and related international partnership. In the early 2000s, America`s most famous homemaker became the center of headlines, speculations, and eventually a federal investigation concerning her stock trading. Martha Stewart was accused of insider trading after she sold four thousand ImClone shares one day before that firm`s stock price plummeted. Although the charges of securities fraud were thrown out, Ms. Stewart was found guilty of four counts of obstruction of justice and lying to investigators.
a majority rule government, lessens the impulse for development and innovativeness.
In the General Provisions of the 2016 updated Implementing Rules and Regulations of RA 9184 Section 2, it has been expressed that the arrangements of this IRR are in accordance with the responsibility of the GoP with advance great administration and its work to comply to the standards of straightforwardness, responsibility, value, effectiveness, and economy in its acquirement cycle.
Introduction TO BODY:
Public obtainment in the Philippines lands an unmistakable illustration of how much the particulars of execution can matter. On the off chance that straightforwardness is to permit mutual oversight, divulgence should meet specific states of openness and ease of use. As indicated by most cases, just posting data online isn’t sufficient. For genuine straightforwardness, information should be available to people in general without doors, it should be distributed in open and machine-decipherable configurations, and it should be accessible in mass. It is realized that none of the central concerns which humankind is confronting will be settled without admittance to data (Deloire, 2017).
Distributed in 2003, the Republic Act 9184 is known as the Government Procurement Reform Act. Upon more than adequate correction, the scientist would be satisfied to introduce a short perspective on the essential pieces of the Republic Act 9184 modified in the year 2006.
Segment 1. Short Title and Purpose
This 2016 Revised Implementing Rules and Regulations, hereinafter called the IRR, is proclaimed as per Section 75 of Republic Act No. (R.A.) 9184, also called the “Public authority Procurement Reform Act,” to recommend the essential guidelines and guidelines for the modernization, normalization, and guideline of the acquirement exercises of the Government of the Phil
