...CHAPTER 19 REVIEW SHEET 1. Nature of sales and leases • Goods: are movable, tangible, personal property • Consumer Lease: the definition of a consumer lease requires that (1) the transaction meet the definition of a lease under article 2A (2) the lessor be regularly engaged in the business of leasing or selling goods (3) the lessee be an individual, not an organization (4) the lesse take the lease interest primarily for a personal, family or household purpose, (5) the total payments under the lease do not exceed 25,000 • Finance Leases: involves three parties, one party just provides financing. 2. Fundamental principles of article 2 and article 2A • Good Faith: honesty in fact in the conduct or transaction concerned. For a merchant good faith means the observance of reasonable commercial standards of fair dealing the trade • Course of dealing: If two parties have regularly conduct business on certain terms, the terms may be assumed to be same for each contract made, if not expressly agreed to the contrary. The parties must have dealt on numerous occasions and been aware of the term purported to be implied. • Usage of trade: A trade practice that is so common in a particular region or vocation that an expectation of its being followed in a given transaction is justified • Merchant: (1) who is a dealer in a particular type of good(2) who by his occupation holds himself out as having knowledge or skill peculiar to certain goods or practices or (3) who employs an agent...
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...Case No.2 Arch Communications Group Inc. 1. To me it seams that Arch is showing good performance and risky and agresive growth in bad industry. The paging industry is growing on average of 27% a year and it is experiacing a market shift from bussines clients to consumer clients, but there are signs that show that this industry is not favorable and has 3 big problems that make the industry fragile and vulnerable. • There is fierce competition in the industry that has turned into a price war. This reduces the margins and drives out profitability. Curently the industry is consolidating (mergers and aqusitions), but it does not relieve the presure and the competition with lower price goes on. • The industry is dependant on 2 large supplyers. Most probably they are avere of this situation and use it but grabing the bigger share of profits generated by pagers, by seting prices for the devices higher than they could with more competitors around. The cost of paging devices tied up cash in paging service companies, causing them to look for means of financing for that and that results in large interest expense and depreciation. • The case describes the cellular phone service industry as harmless, but as a much younger industry it is already almoust the size of paging industry (34milj. Pagers, 32milj. Mobile phones). The pager is a complement product for cell phone, althought they both use similar technology. In case cellulars develop mesaging service the...
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...College of Technology London Assignment 01 For Introduction Superdrug PLC is one of the biggest health and retail shop in Britain. Having more than 900 stores the Superdrug is a UK based company and since 2006 they includes the Republic of Ireland. With more than 16,000 employs the Superdrug has offered fragrance and pharmacy with their consultation rooms. Being the duty manager of one of these stores required some special personal and professional skills to maintain their highest quality. Background Managers need certain skills and knowledge in both personal and professional levels to run a super store smoothly. Personal skills can be grouped into three different categories; which includes self-management, independent learning and goal skills. Four skills from personal skills category and four professional skills as time management skills, leadership skills, negotiating conflicts skills and presentation skills will be discussed in this paper. Personal skills Self-management is the ability to control emotions so that they do not control us. It is the technique to guide to control emotions, to find out and avoid our emotional triggers and also find and prevent the ability of thinking which can guide to emotional breakdowns. (Mersino, 2007) Managers need to be considerable which build a good relationship with his employees. To be considerate and respectful and giving proper time to the employees to complete a job makes the employees feel good to their manager...
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...Business and Corporate Social Responsibility Research Paper Bussines and Corporate Social Responsibility 1.0 Introduction: Corporate Social Responsibility means the way in which business firms integrate environmental, economic and social concerns into their culture, values, strategy, decision making and operations in an accountable and transparent manner and, therefore, leading to better creation of wealth, an improved society and better practices in the business organization. Activists, the media and governments all over the world have become adept by holding their organizations or enterprises to account for the social impacts of their actions. It is in this response that the use of Corporate Social Responsibility (CSR) has emerged to be one of the inescapable top priorities for various business leaders or managers all over the globe. However, the fact remains that many current approaches to Corporate Social Responsibility are quite disconnected from the initial strategy of various companies or firms using it. In order for business enterprises to contribute significantly towards their key competencies, then they should treat Corporate Social Responsibility as something that is central and vital towards their business strategy. The aim of this research paper is, therefore, to explain the importance of Corporate Social Responsibility in business organizations and ascertain how various organizations apply it to achieve various objectives of their business firms (Banerjee,...
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...The Effectiveness of Business Ethics in Education and Today’s Workplace October 13th, 2012 Introduction What do Bernard Madoff, Kenneth Lay and Rob Blagojevich all have in common? They all operated with no apparent ethical behavior even though each had received educational backgrounds in which ethical business practices were taught. As L. Zingales states, “While every firm can have its bad apples, when these apples are at the top, it suggests that a company has either a corrupt culture or a defective selection process, or both.” (Zingales, Jul 16, 2012). In Madoffs case, the Ponzi scheme had been going on since the early 1990’s (Morrissey, Aug 11, 2009). Under the direction of Kenneth Lay, Enron- once one of the largest companies in America- collapsed in bankruptcy and ruined the lives of thousands of people (McLean & Elkind, May 18, 2006). The Chicago Tribune reported that the Illinois House of Representatives was sending to the Illinois Senate a “13 point article of impeachment-a political form of indictment-alleging Blagojevich has abused the power if his office” (Pearson & Long, Jan 9, 2009). The purpose of this paper is to gauge the Effectiveness of Business Ethics in Education and Today’s Workplace. As business students they graduate from the university setting and enter the business environment they study the ethics in their workplace culture and often find that educational ethics training does not have any value in the work world. “Studies...
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...Contemporary Issues in Management Case study: Global Strategic Analysis Adidas and Reebok Merger Acquisition ABSTRACT 3 INTRODUCTION 4 LITERATURE REVIEW 5 ANALYSIS AND FINDINGS 8 VMOST 7 VISION 7 MISSION 7 OBJECTIVES 7 STRATEGIES 7 TACTICS 7 ACQUISITION 8 SWOT ANALYSIS 9 BEFORE ACQUISITION WITH REEBOK 9 STRENGTHS 9 WEAKNESSES 10 OPPURTUNITIES 10 THREATS 11 AFTER ACQUISITION WITH REEBOK 11 STRENGHTS 11 WEAKNESSES 11 OPPURTUNITIES 12 THREATS 12 CONCLUSION 13 REFERANCES 14-15 ABSTRACT The purpose of this report is to evaluate the impact of adidas pending acquisition of Reebok on the sporting goods industry in relationship to Nike position. Evaluation of background information and corporate culture combined with VMOST and SWOT analyses to helped form the arguments presented in this report and have assisted in answering the question, Will adidas forthcoming takeover of Reebok help the new company achieve sustainable competitive advantage over industry leader Nike?. This research was based on the subject that is illustrating an evaluation of the impact of Adidas from acquisition reebok. Furthermore, an investigation of the strengths, weaknesses, opportunities and threats (SWOT) related to companies in the sports industry was conducted. On the one hand it was found that Adidas historically grown...
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...A STUDY ON CUSTOMER PERCPTION ABOUT WEDNESDAY BAZAAR AT BIG BAZAAR CHENNAI A PROJECT REPORT LIST OF CONTENTS LIST OF TABLES LIST OF GRAPHS S. No. CHAPTER- 1 PAGE No. 1 INTRODUCTION OF TOPIC 1 2 EXECUTIVE SUMMARY 3 3 REVIEW OF LITRETURE 7-8 4 INDUSTRY PROFILE 12-13 5 GROUP PROFILE 15-17 6 COMPANY PROFILE 19-26 CHAPTER-2 28 7 AIM OF THE PROJECT 30 8 OBJECTIVES OF THE PROJECT 32-34 9 SCOPE OF THE STUDY 36 10 LIMITATIONS OF STUDY 37 CHAPTER-3 11 RESEARCH METHODOLOGY 38-39 CHAPTER-4 12 ANALYSIS AND INTERPRETATION 41-46 CHAPTER-5 13 FINDINGS 51 14 SUGGESTIONS AND CONCLUSION 53-54 15 ANNEXURES 56 16 BIBLIOGRAPHY 62-69 LIST OF TABLES S. No. LIST OF TABLES PAGE No. 1 DISTRIBUTION OF SAMPLES ON THE BASIS OF AREA 12 2 DISTRIBUTION OF SAMPLES ON THE BASIS OF AGE 3 3 DISTRIBUTION OF SAMPLES ON THE BASIS OF GENDER 7-8 4 DISTRIBUTION OF SAMPLES ON THE BASIS OF MONTHLY INCOME 12-13 5 DISTRIBUTION OF SAMPLES ON THE BASIS OF OCCUPATION 15-17 6 DISTRIBUTION OF SAMPLES ON THE BASIS OF GAMILY SIZE 19-26 7 DISTRIBUTION OF SAMPLES ON THE BASIS OF MOTHER TONGUE 28 8 DISTRIBUTION OF SAMPLES ON THE BASIS OF NEWS PAPER 30 9 DISTRIBUTION OF SAMPLES ON THE BASIS OF RADIO STATION 32-34 10 DISTRIBUTION OF SAMPLES ON THE BASIS OF TV CHANNEL 36 11 DISTRIBUTION OF SAMPLES ON THE BASIS OF AWARENESS ABOUT WEDNESDAY BAZAAR 38-39 12 DISTRIBUTION OF SAMPLES ON THE BASIS OF GETING KNOWLEDGE ABOUT...
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...Bahria university Karachi campus Business plan Art on wheel Group members: Anjali Pinjani Aqsa Rajput Hina Kumari Samia Irshad Sumbal Saleem TABLE OF CONTENTS Description of Business: 3 1.0 Executive Summary 3 Business Idea: 6 Type of Organization 7 Marketing and sales strategy 7 Key success factors: 8 Short-term business goals: 8 Long-term business goals: 8 Mission 9 Vision 9 Socially responsible organization. 10 4.0 Opportunity Analysis & Research 10 Target customer: 11 4.1 Industry Analysis 11 Future Outlook and Trends 12 Market Segmentation 12 Industry and Market Forecast 13 4.2 Environmental Analysis 13 SWOT Analysis 13 Competitive Analysis 14 Analysis of Competitors 14 5.1 Products/Services 17 Products 17 2.2 Services 19 Meeting customer needs: 20 Pricing 21 Type of Payment 21 5.3 Promotion 22 Publicity for your organization 25 Public Relations & Publicity 25 Distribution 26 Access routes : 26 6.0 Management & Operations 27 6.1 Management Team 27 6.2 Research & Development 29 6.3 Facilities 30 Machinery and Equipment 30 Technology Utilization 30 Inventory, Production, & Quality Assurance 30 Production process 30 Production-distribution channel 31 Flow of Orders 31 7.0 Financial Analysis & Projections 34 Record keeping system. 34 7.1 Sources & Uses of Capital 34 Cash reserve & start-up capital: 35 Sources of financing 36 Bootstrap financing...
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...1. PENDAHULUAN 1.1. Latar Belakang Masalah Di era globalisasi sekarang ini, sudah terjadi transformasi dalam lingkungan bisnis yang menuntut perusahaan untuk berkompetisi secara kompetitif untuk menjadi yang terbaik dalam lingkungan bisnis tersebut. Dalam hal ini tentu saja organisasi membutuhkan tingkat kinerja yang tinggi dan konsisten dari masing-masing karyawan dalam rangka untuk meningkatkan kinerja perusahaan dan bertahan dalam lingkungan persaingan pasar yang tinggi (Newstrom and Davis, 2002). Berbagai strategi harus dilakukan oleh perusahaan untuk memberikan kinerja lebih baik daripada pesaing agar bertahan dalam dalam lingkungan bisnis. Di Indonesia sendiri, persaingan bisnis semakin ketat dan kompetitif khususnya di sector retail. Dimana menurut Asosiasi Perusahaan Ritel Indonesia (Aprindo) dalam lima tahun terakhir dari tahun 2012 peningkatan omset ritel modern cukup pesat, hal ini juga didukung oleh pertumbuhan jumlah ritel yang pesat yaitu sebesar 7.787 retail selama 5 tahun terakhir ini, pertumbuhan bisnis ritel di Indonesia antara 10-15% per tahun. Penjualan ritel pada 2006 masih sebesar Rp 49 triliun, namun melesat hingga mencapai Rp 110 triliun pada 2012 meningkat sebesar 10%- 15%, menyusul kondisi perekonomian dan daya beli masyarakat yang relatif bagus. Bisnis ritel di tahun 2013 masih mencatat tren yang positif, namun masih kurang maksimal jika dibandingkan dengan tahun 2012 (Liputan6.com). Dari data tersebut dapat dilihat bahwa persaingan bisnis terus...
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...[pic] Universidad de la Cuenca del Plata SEDE FORMOSA FACULTAD DE CIENCIA ECONOMICAS CARRERA : CONTADOR Glosario Inglés-Español de términos específicos utilizados en economía, finanzas, negocios, mercadeo, bancos y empresas. [pic] PROF. ADJUNTA: LIC. ALICIA ALEJANDRA MOLINA INGLES III- COMISIÓN “U” PRIMER CUATRIMESTRE - AÑO 2011 PREFACIO El ámbito de la contabilidad posmodernista, exige emplear términos adecuados, imprescindibles, para mantenerse actualizados Hoy, en una reunión de negocios o en plena clase universitaria, pueden escucharse vocablos contables en inglés cuyo alcance y significado se desconocen, ya sea en la práctica o en el uso coloquial. En esta industria dinámica, es de suma importancia comprender el significado exacto de estas palabras y su correcta aplicación para elevar el nivel de conocimiento del profesional. Ahora bien, ya sea un estudiante de ciencias económicas, un contador de una gran empresa o cualquier persona con trato frecuente con contadores, encontrará en este GLOSARIO BILINGÜE de Términos Contables una invalorable ayuda ya que ofrece los vocablos de negocios más utilizados, incluyendo terminologías de gestión , financiera y comercial. Además, la obra reúne también gran cantidad de términos...
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...INNO NATOUR. Lesson learnt from Innovation in Nature Based Tourism Services Contact: Faculty of Economics and Public Administration „Stefan cel Mare” University of Suceava Universităţii str., no. 13, Building H 720229 SUCEAVA, ROMANIA Phone: (+40) 230 216147 ext. 294 Erasmus IP web site: www.innonatour.usv.ro Faculty web site: www.seap.usv.ro University web site: www.usv.ro 2012 Subject to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without written permission of the copyright owners. CONTENTS INTRODUCTION............................................................................................................................................ 5 DESCRIPTION OF THE PROJECT.............................................................................................................. 8 STUDENTS OF THE 20112012 ERASMUS IP ...................................................................................... 9 LECTURERS, TUTORS AND EXPERTS OF THE 20112012 ERASMUS IP ................................. 10 RESULTS OF THE ERASMUS IP INNO NATOUR 20112012......................................................... 19 FINAL REPORTS OF THE WORKING GROUPS .................................................................................. 20 INDIVIDUAL POST CASE STUDIES OF THE STUDENTS ................................................................. 44 CONCLUSIONS AND IMPLICATIONS ......................................
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