Read the following 2 articles for incoming tutorial.. As Poverty Shrinks‚ Should We Worry About Inequality? – Kenneth Rapoza Forbes Magazine Thanks to global capitalism‚ there are much less poor people running around the world today than there was a decade ago. But there are also more rich people. Way more. And in rich countries‚ there are less middle class. So even as poverty is shrinking‚ inequality is rising among income levels as the new global plutocracy takes shape. Today‚ 43% live on less
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.................... 4 1) The UN Charter as matrix of Art.42...........................................................................................4 2) Authorising the use of force........................................................................................................5 3) Requirements of Article 42………………………………………………………………….…6 4) Measures…………………………………………………………………………………….….7 The implementation of the measures………………………………………………………
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Suppliers Ultimately in this case the suppliers to Hallam have had a major impact on the business and had a deciding role in their failure. The lack of confidence that Hallam’s suppliers had in their ability to repay the money they were owed meant that the business was forced into a position where they could not afford to pay back what was demanded on them. In this instance we can see that the bargaining power of the suppliers to extend and demand payment of credit was too great that it lead to
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Tata Tea Limited‚ one wing of Tata Group was established in 1962 as Tata Finlay Limited through technical and financial collaboration with James Finlay & Co. Ltd.‚ Glasgow‚ U.K. The company made joint venture with James Finlay to develop value-added tea. James Finlay sells their shareholdings to Tatas heralding the "Dawn of a new Era" and the company changed its name to Tata Tea Limited in the year 1983. The company is headquartered in Kolkata and owns 27 tea estates in the states of Assam and West
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PORTERS The threat of potential new entrants (High) High capital required to enter into mobile industry which needed large investment on technology‚ distribution‚ service outlets and plant. Difficulty for customers in switching cost‚ when they are satisfied with their current product as well as difficultly for new entrants to have product differentiation because customers had already familiar with those established mobile companies‚ therefore new entrants have to spend a lot on branding and
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Pankaj Saharan September 2012 Over the past 150 years‚ Nokia has evolved from a small paper mill in south-western Finland to a global telecommunications leader connecting over 1.3 billion people. Nokia has disrupted into various industries before becoming a telecommunications giant from making rubber boots‚ car tyres‚ generated electricity‚ even manufactured TVs etc. Nokia’s own mobile phones’ platforms included Symbian (60 & 40)‚ MeeGo (open-source Linux based platform) and Meltemi (low
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Company History: Based in Denmark‚ IKEA International A/S is one of the world ’s top retailers of furniture‚ home furnishings‚ and housewares. The company designs its own items‚ and sells them in the more than 140 IKEA stores that are spread throughout approximately 30 different countries worldwide. The company also peddles its merchandise through mail-order‚ distributing its thick catalogs once a year in the areas surrounding its store locations. IKEA is characterized by its efforts to offer high-quality
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Sukhoi Corporation and India’s Hindustan Aeronautics Limited (HAL) for the Indian Air Force (IAF). It is a heavy class‚ long-range air superiority fighter which can also act as a multirole‚ strike fighter aircraft. The development of the variant started after India signed a deal with Russia in 2000 to manufacture 140 Su-30 fighter jets.[4] The first Russian-made Su-30MKI variant was integrated into the IAF in 2002‚[5] while the first indigenously assembled Su-30MKI entered service with the IAF in 2004
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researched of all times. The case points The 5 influencing Factors Money has on happiness‚ and studies done by economist Richard Easterlin and young economists Betsey Stevenson and Justin Wolfers and their findings. In his study Richard Easterlin argues that economic growth doesn’t necessarily lead to more satisfaction. Betsey Stevenson and Justin Wolfers argue that money indeed tends to bring happiness‚ even if it doesn’t guarantee it. (Case: The 5 Influencing Factors Money has on Happiness and
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Effect of Force Majeure or Act of God If upon the happening of a fortuitous event or an act of God‚ there concurs a corresponding fraud‚ negligence‚ delay or violation or contravention in any manner of the tenor of the obligation as provided for in Article 1170 of the Civil Code‚ which results in loss or damage‚ the obligor cannot escape liability. It has been held that when the negligence of a person concurs with an act of God in producing a loss‚ such person is not exempt from liability by
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