As for marketing purposes‚ management was neither able to get sufficient‚ accurate and timely information on tea‚ trading activities at the weekly Mombasa auctions. The same was the case for customer product information requirements and quantities of different tea grades waiting in warehouses to be sold either at the auction or directly to overseas customers. In addition‚ Mombasa’s data on tea delivery from factories‚ tea packaging and presentation requirements‚ value adding through product
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price in the modern economic system not be overemphasized. However‚ to set the right price for any commodity or service‚ some parameters or determinants come to play. Among the determinants of factoring price are:- • Tender • Sales by Auction • Haggling etc‚ and these are discussed below. 1. Interaction of the forces of Demand and Supply:- In a perfectly competitive market or what is sometimes referred to as a free market economy‚ prices are determined by the interaction
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ROLE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of the most important input in the economic development of a country. The entrepreneur acts as a trigger head to give spark to economic activities by his entrepreneurial decisions. He plays a pivotal role not only in the development of industrial sector of a country but also in the development of
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The article titled “National Exam Systematic Failure” written by Mia Chitra Dinisari and Arsyad Paripurna ‚ discusses about the chaos education system in Indonesia about National Examination (UN) in 2013. National examination is an annual exam that must be taken by students who want to graduate from their school and continue their study to a higher level of education‚ such as entering universities . This year’s UN is slightly different from the previous year‚ the question sheets have been designed
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Introduction: Rules of Offer and Acceptance are applied to enforce an agreement by the law. This agreement is the first requisite of any contract of the business. In order to a contract come into being between parties‚ the offer is made by the offeror and the oferee accept that offer. In 21st century‚ there are rapid changes in business trend which create lots of new business model such as e-business and global business. The more business participates‚ the more requirements of Offer and Acceptance
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Mountain Property Problem In this case study Martin was faced with losing his land to Otis who claimed to have lived there for twenty years and to the lease company that had lend money to Andrew‚ one of his partners joint tenancy owner for the mountain property. Legal advice Looking at Martin’s case legally‚ he was right to contact the attorney for the necessary legal actions. According to laws that states joint ownership of properties‚ a co-owner of a joint tenancy with rights of survivorship
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THE LAW OF CONTRACT IN GHANA (These notes have mainly been culled from Mrs. Christine Dowuona Hammond’s seminal work on the Law of Contracts.) INTRODUCTION Contracts are made by people every day‚ whether the parties recognise it or not. Each time one spends money on anything – a bus ticket‚ an airline ticket‚ a pair of shoes‚ a meal in a restaurant‚ laundry services‚ books‚ or signs a lease‚ etc. one concludes a valid and legally binding contract. Contracts may be oral or written;
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civil disobedience. In fact‚ the men who founded our country used civil disobedience to protest against unjust laws that they felt threatened their future and the future of generations to come. Tim DeChristopher used civil disobedience to stop the auction of oil and gas leases being held by the BLM. Mohandas Gandhi used nonviolent resistance against the British who occupied India. While Henry David Thoreau not only used these methods of nonviolent protest‚ he actually helped to define criteria of
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dip in the sea. 4) Imagine that you are Mr Botibol and you keep a diary daily just before you go to bed each night. Write a diary entry for the day on which he bought his ticket in the auction. Dear Diary‚ I had brought a ticket for the auction tonight. Earlier on‚ I had wanted to get some information on the auction pool from the purser‚ but he just did not leak anything out from his mouth. Judging from the rough weather today‚ I had expected the ship to cover less than five hundred and five miles
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University Malaysia Sabah Labuan School of International Business and Finance GE31703 Islamic Asset Management Analysis on Ar-Rahnu collateral security structure: Can it really help the small business proprietor? Semester 1-2012/2013 Prepared For: - Dr Rosita Chong No | Name | Matrix No. | Signature | 1. | GE SHUANG | BG10170111 | | 2. | NOR PADILAH BT ARMAN | BG10110331 | | 3. | NUR IZZATI BT MOHAMAD NORZILAN | BG10110363 | | 4. | NURUL HIDAYAH MAZLAN | BG10110396 | | Table
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