There are many advantages and disadvantages for minors’ to enter into contract. Most people believe that minors’ are considered incompetent. It is said that if a person does not have the mental capacity to understand a that a contract is being made or the general nature of the contract‚ the person lacks contractual capacity. So then why would someone enter a contract with one. That is why I would have to say the first advantage is that most minors’ which means anyone under the age of 18‚ are
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ABILITY GROUPING Ability grouping is grouping students according to their ability. The practice of grouping student according to their level of academic skills allows a teacher to provide a uniform level of instruction to an entire group. TYPES OF GROUPING 1. Between class 2. Within class ability grouping Between- class grouping refers to a schools’ practice of forming classroom that contain students of similar ability. Within class grouping refers to the teachers’
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CARL’S JR • Does the firm possess a competitive advantage? -How can it be sustain? There’s room to grow the hamburger business in Thailand‚ as consumption remains low compared with other fast food categories‚ and there are few players in this segment. A competitive advantage exists when the firm is able to deliver the same benefits as competitors but at a lower cost or deliver benefits that exceed those of competing products. In case of Carl’Jr ‚ the resources and capabilities
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unequal competition‚ this company called Parle Products‚ survived and succeeded‚ by adhering to high quality and improvising from time to time. A decade later‚ in 1939‚ Parle Products began manufacturing biscuits‚ in addition to sweets and toffees. Having already established a reputation for quality‚ the Parle brand name grew in strength with this diversification. Parle Glucose and Parle Monaco were the first brands of biscuits to be introduced‚ which later went on to become leading names for great
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BREAK-EVEN POINT A company’s break-even point is the amount of sales or revenues that it must generate in order to equal its expenses. In other words‚ it is the point at which the company neither makes a profit nor suffers a loss. Calculating the break-even point (through break-even analysis) can provide a simple‚ yet powerful quantitative tool for managers. In its simplest form‚ break-even analysis provides insight into whether or not revenue from a product or service has the ability to cover
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complex at Georgetown‚ US‚ to study the Toyota Production System (TPS). The visit also included an intensive question and answer session. Even though the visitors were from competing automakers‚ including Ford and Chrysler‚ Toyota did not deny them access to the plant. The TPS aimed to produce world-class‚ quality automobiles at competitive prices. It was built on two main principles‚ Just-in-Time (JIT) production and Jidoka. JIT was used not only in manufacturing but also in product development
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www.ccsenet.org/ijbm International Journal of Business and Management Vol. 5‚ No. 7; July 2010 Competitive Advantages and Strategic Information Systems Mahmood Hemmatfar‚ Ph. D. Faculty Member of Islamic Azad University‚ Brojerd Branch‚ Iran Mahdi Salehi‚ Ph. D. (Corresponding author) Assistant Prof. Department of Accounting and Management Ferdowsi University of Mashhad‚ Iran Tel: 98-912-1425-323 E-mail: Mahdi_salehi54@yahoo.com Marziyeh Bayat‚ Ph. D. Faculty Member of Islamic Azad University
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The two most important issues in service design are the degree of variation in requirements and the degree of customer contact in which determines how standardized the service can be. A better degree of customer contact will leads to better selling. In addition concepts and ideas generated are captured in sketches or in service prototypes. The strong visual element‚combined with the opportunity to text and rapidly change services and interfaces‚ delivers real value in today’s competitive markets.
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3. LEGAL & POLITICAL Legal Requirement in a Host Country. THAILAND Thailand officially the Kingdom of Thailand formerly known as Siam is a country located at the centre of the Indochina peninsula in Southeast Asia. It is bordered to the north by Burma and Laos‚ to the east by Laos and Cambodia‚ to the south by the Gulf of Thailand and Malaysia‚ and to the west by the Andaman Sea and the southern extremity of Burma. Its maritime boundaries include Vietnam in the Gulf of Thailand to the southeast
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assimilative capacity of the environment it becomes pollution. This seminar focuses on LEAN productions‚ which aims at elimination of wastes there by reducing the environmental degradation. CONTENTS 1. Introduction 2. Lean production system 3. Basic elements of lean manufacturing 4. Overview of lean production system 5. Lean techniques 6. Characteristics of lean 7. Benefits of implementing lean 8. Case
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