Case Lets ABC and co was partnership firm which had dealership of Scooters Company ltd‚ bought a second hand scooter from Mr. B. ABC and co reconditioned and repaired the scooter. And sold it to Mr. A for Rs 50‚000. ABC and co told Mr. A that the scooter is a new scooter. Is Mr. A a consumer? And does he have any remedy under consumer protection act Mr. Q was going abroad for a business trip for two months. He wanted to give a power of attorney to his friend. Hence Mr. Q sent the Power of
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CHAPTER 9 CASE: The Fall of Barings Bank The story of Barings Bank shows how overconfidence‚ coupled with poor internal control‚ can even bring down an historic financial institution. Below we provide a few teaching points. Nick Leeson seemed to have all the characteristics of an overconfident trader. As described in the chapter‚ excessive trading‚ lack of diversification‚ and too much risk were obviously present. Self-attribution bias seemed to play a major role. One commentator notes
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Chemical Banks – Allocation of Profits Question 1. How will you resolve the due bill controversy? Due Bill Controversy: Metro Division’s service to sell the Due Bill for the Treasury division is not recognized by the Treasury department. While Metro acted like a cost center‚ Treasury acted as profit center. When Metro Bank division reviewed the profit loss statement for the Due Bills‚ it was found that Metro division was incurring loss of $26.50 for each transaction. Consequences of Due
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After performing procedural due process first I would review statements and evidence to decide if the search of the locker is justified at the inception or reasonable in scope. When looking over both options I would make a decision that the search would be reasonable in scope. Immediately after making the decision to search John’s locker I would call him into the office and inform him that his locker will be search with me‚ him and another colleague of the administrative team. At that moment I
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Banks by law have the right to refuse services‚ provided there is a legitimate reason to suspect a particular client’s dealing are unlawful or unethical to the Federal Reserve banking rules. Nevertheless Bank of America (BOA) actions along the other financial institution’s refusing to provide banking services to WikiLeaks are in violation of contractual rights and civil rights. WikiLeaks has a deontological moral right that is being violated by these organizations. Deontological speaking his
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Content of assignment Individual assignment 2: (hand in week 4) Phase 1‚2‚3 of the ethical cycle: Moral problem statement Problem analysis Options for action Phase 4 of the ethical cycle: Intuition Utilitarianism Bentham Mill 2.2 Case: “Fire Detectors” Residential fires cause many deaths each year. Several companies manufacture fire detectors in a highly competitive market. Jim is a senior manager at one of these companies. He has been invited to discuss with the management team
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Summary of the Case: Alpen bank needs to launch credit card in Romania which is a matter driven by market dynamics‚ customer demographics‚ usage behavior and changing macroeconomic conditions. Formulation of an effective marketing strategy is inevitable for the introduction of the credit card in such an environment. 1. How should Alpen position its card‚ if it intends to launch it? Positioning is identifying a set of possible competitive advantages to build a position in the minds of the consumers
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markets of Germany‚ South Korea and Japan‚ has also damaged the way Wal-Mart is perceived in the eyes of many consumers around the globe. Nowadays‚ many think of Wal-Mart as an expansionist enterprise incapable of adapting its way of carrying out business operations‚ adjusting its workforce and culture overall to suit regional customer needs. Indeed‚ to a lot of people Wal-Mart’s only interest is in making more money. Therefore‚ it is understandable that the company’s efforts to address environmental
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Name: Aadarsh Raju Date: May 12‚ 2011 BBVA BANK (A): Innovation Initiatives 2003-2008 This case shows how a large corporation can appreciate innovation as their new organizational culture. For a bank that based its expansions on geographical spread‚ mergers & acquisitions & revenue growth‚ to change to a culture based on innovation is not an easy task but is a step in the right direction. However‚ with the advent of the financial crisis in 2008‚ consumers have lost faith in financial
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Strengths: 1) Customer Loyalty 2) Brand reputatuion and awareness 3) Strong financial performance Weakness • Subject to supply shortage & proce increase • Difficulty in controlling outsourcing process • Dependence cellular network provider • Lack of succession planning • Accusation of infringement upon patent of other organization • Under-develop customer relationship Opportunities • Strengthen Brand • Growing Demand – Education‚ Enterprises & Govt‚ and Consumers • Demand of Mobile
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