1. Why is letter of credit the commonest method of payment in international trade? EX1: How to pay or be paid becomes a crucial choice as soon as you begin doing business across borders. When you do business internationally‚ there are ways of paying that you might never hear about when doing business in just one country. There are a lot of method of payment in intertraditional trade but the commonest method is letter of credit. Letters of credit are the most common method of payment in international
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Background Competitive advantage necessary‚ but not sufficient Ghemavat study on PIMS data shows convergence of high ROI and low ROI business units‚ over time‚ to mediocre ROI. Some drop in high ROI anticipated due to limited availability of high ROI opportunities. But pace and degree of convergence unexpected – article delves further into assessing reasons behind the rapid loss of competitive advantage. Threats to sustainability Conditions for maintaining competitive
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love as love like God connects everyone. Every religion asks people to love and not hate others. The religious people do not believe in any other ideology like socialism‚ nationalism or capitalism which had been created by man to rule other men and based on creating hatred for others. He‚ therefore‚ love others since religions only teach people to love. 2. Compassion A religious person believes in God and His eternal compassion for the mankind. He knows that God loves people so much that He can forgive
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Top Five Advantages of Building a New Florida Home Thinking about relocating to a new neighborhood‚ city or state? The decision might be made for you thanks to a new job or family circumstances. But regardless‚ moving means deciding whether to build a new Florida home or buy an existing one. Building a new home or buying a resale both carry advantages and disadvantages. It’s smart to be open-minded about the possibility that finding your Florida dream home may require building it. And‚ that
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efforts sot that their concerns would not be ignored in the political process. We need educate the auto industry workers and arouse grassroots campaign‚ for grassroots lobbying involves “… the identification recruitment‚ and mobilization of constituent-based political strength capable of influencing political decisions.” (Walker 45) The key is to aim the ordinary citizens rather than government decision makers‚ because the government decision maker‚ in this case‚ congresswoman Miller would respond to citizen
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Advantages of a Medical Abortion -It performed without any surgical instruments‚ which may harm the cervix lining and cause serious internal perforations and injuries. -It may be performed in the beginning of the pregnancy‚ before signs of pregnancy appear. -The most of the medical abortions can be done at home‚ it is not necessary to stay in clinic. -This abortion looks like a natural miscarriage‚ that’s why women find it less emotionally stressful. Disadvantages of a Medical Abortion -It
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Fiona 1330017006 The advantages and disadvantages of English as a global language English become more and more common in our daily life‚ English movies‚ novels and science papers are a part of our life. At the same time‚ English play an important role in national society. 95 of 126 U.N. member countries use English to communication‚ about a quarter of countries and regions use English as official language or lingua franca. English is becoming to a global language. Everything has two sides‚ and English
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not only looking at the direct benefits of purchasing a product but also at the added benefits that come with it. More and more competitors of Sony have changed the way they interact with their customers in order to gain and maintain competitive advantage (Sony‚ n.d.). This paper will explore the possibilities for Sony to increase sales by drawing attention to the experience of customers using their products. 2 Research problem statement In order to stay competitive‚ Sony needs to find new ways
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Competitive Advantages Mgt/498 Competitive Advantages Intro Competitive Advantage AAA One of the many reasons Riordan has a leading competitive edge on its competitors is its well thought out marketing plan. By having a strategic marketing plan‚ Riordan can continue to bring in consumers to help meet the company sales objectives. Riordan ’s marketing plan consists of a breakdown of understanding it ’s overall goals‚ and how the sales team will achieve these goals. The marketing strategy includes
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the car and put an electric motor position is the easiest way to switch from oil to electricity while maintaining the other components of the car and is provided with the power required by batteries storage power. The design of the electric car is based on an electric motor‚ an electric control system‚ and a powerful battery can be recharged while maintaining a reduction in weight and make the price affordable to the buyer. The electric vehicle is more suitable than internal combustion engine cars
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