ESSENTIALS OF A VALID CONTRACT A valid contract has to have the following essential characteristics: * Proper offer and acceptance An offer to be valid must contain certain conditions such as it must intend to create legal relationship‚ its terms must be certain and unambiguous‚ it must be communicated to the person to whom it is being made. An acceptance to be valid must fulfill certain conditions such as it must be communicated by an authorized person before the offer lapses. *
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1. | | QUIZ 1: Foundations Chapter 1 and Article 1. Read each question very carefully before answering.According to Chapter 1 of Foundations of Strategic Management‚ what is true of strategic management? | | | a - It centers on deciding where to compete and how to compete. | | | b - As a discipline‚ strategic management aims to improve the practice of strategic management by offering executives and entrepreneurs effective tools and guidelines. | | | c - It is dynamic because the business
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additional inputs of capital or labor produce more output. The fact that the slope declines as we move from left to right illustrates the idea of diminishing marginal productivity. For a fixed amount of capital‚ additional workers each add less additional output as the number of workers increases. For a fixed number of workers‚ additional capital adds less additional output as the amount of capital increases. 3- Explain why the profit-maximizing level of employment for a firm occurs when the
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FAST CRAM Printer Types Dot Matrix • An impact printer that transfers characters by striking a pattern (from a matrix) through an inked ribbon and onto paper. • The most common number of pins on a dot matrix printer is 9‚ 18‚ or 24. • The speed of dot matrix printers is measured in characters per second (CPS). Common speeds for a dot matrix printer are 32 to 72 CPS. • Dot matrix printers can use either a friction feed or a tractor feed system to move paper through the printing
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End-of-Chapter Material – Questions and Solutions Chapter One Business Now: Change Is the Only Constant Review Questions 1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why? - The factors that contribute are capital‚ natural resources‚ human resources‚ entrepreneurship‚ and technology. Yes it is likely that the pace will accelerate‚ all of these items are needed for a business to continue 2. What
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Our first meeting will be today. Use this method if you’d prefer to copy and paste your paper into a form. Use this method if you’d prefer to copy and paste your paper into a form. Use this method if you’d prefer to copy and paste your paper into a Our first meeting will be today. Use this method if you’d prefer to copy and paste your paper into a form. Use this method if you’d prefer to copy and paste your paper into a form. Use this method if you’d prefer to copy and paste your paper into form
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Describe a mingle activity you might create for a new class of intermediate level students to help them introduce themselves to each other. The best way to help students mingle with each other and enhance their proficiency in the English language is by using ice-breaker activities. This effectively encourages the participants to interact with each other freely. An activity which might be done is a ‘getting to know you’ activity where the participants will be given a certain period of time to gather
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During the lecture‚ Helen mentioned that this analysis mainly focuses on the macro-environmental influences on the business. The 4 areas to be concerned are Political‚ Economic‚ Social and Technological factors. PEST Analysis provides us with a overall big picture of the business to better understand the potential opportunities and threats behind it. Political Factors Political Factor refers to the government regulations under which the organizations should operate‚ for example‚ tax policy
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Hospitality--An Essential Trait “If I have found favor in your eyes‚ my lord‚ do not pass your servant by. Let a little water be brought‚ and then you may all wash your feet and rest under this tree. Let me get you something to eat‚ so you can be refreshed and then go on your way—now that you have come to your servant.” When two angels passed the door of Abraham’s tent‚ he immediately pleaded the men to stay at his place. He also brought water to wash the men’s feet and ordered the servant to prepare
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Keeping in mind the end goal to adjust the enthusiasm of different partner gatherings‚ we initially need to recognize the different partner’s gatherings and break down their needs and desire from Monsanto.The essential partners for Monsanto would be its providers‚ Customers (the ranchers)‚ shoppers of the nourishment things being fabricated from these seeds‚ representatives of the organization‚ speculators‚ investors‚ and society in which the organization is operating.All of these or some of these
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