Accounting 3.2 – Partnership Agreement Clauses Goodwill * What goodwill represents in Lucy and Gemma’s new partnership agreement for ‘Awesome Catering’. As Lucy and Gemma start there new partnership agreement from Lucy’s old business called ‘Lucy’s Catering and combine their assets and liabilities to form a new partnership called ‘Awesome Catering’‚ Lucy’s old business‚ ‘Lucy’s Catering’ will have Goodwill as an asset. Goodwill is the monetary value given to the reputation or customer loyalty
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References: http://www.gm.com/company/about-gm http://www.samples-help.org.uk/mission-statements/general-motors-vision-statement.htm http://www.inc.com/resources/startup/articles/20050201/missionstatement.html http://en.wikipedia.org/wiki/History_of_General_Motors#Corporate_restructuring http://www.scribd.com/doc/23232458/GM-Competitive-Advantage-and-Market-Analysis-PDF William Pelfrey (2006) “Billy‚ Alfred and General Motors” New York‚ NY. AMACON
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With living costs as high as they are in this day and age‚ it is completely unreasonable to expect the average individual to squander already limited resources. Receiving a bachelor’s degree today requires an assortment of classes that often are not directly related to one’s career objectives. For some‚ they find this to be an enjoyable adventure‚ broadening their knowledge and learning about new aspects of life‚ but for others this is just burdensome. However it is looked upon‚ the college curriculum
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Offer Proposal is defined under section 2(a) of the Indian contract Act‚ 1872 as "when one person signifies to another his willingness to do or to abstain from doing anything with a view to obtain the assent of that other to such act or abstinence‚ he is said to make a proposal/offer". Thus‚ for a valid offer‚ the party making it must express his willingness to do or not to do something. But mere expression of willingness does not constitute an offer. The rules regarding the offer are The offer
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consumers’ Income spent on goods and services (3)Changes in the Tastes/Preferences of consumers for goods/services (4)Changes in the Prices of related goods and services: Substitutes and Complements 5) changes in interest rates and the general availability of credit. Many households finance consumption through borrowing. If interest rates rise‚ demand contracts for many goods and services; particularly housing. 6) Natural disasters (storms‚ hurricanes‚ earthquakes‚ tornadoes‚ floods
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growth platforms. At the same time‚ he reorganizes the company‚ promotes "growth leaders" into top roles‚ and reorients the culture around innovation and risk taking. Finally‚ in 2006‚ he sees signs of growth‚ but wonders whether it is sustainable. General electric: Headquarters Fairfield‚ Connecticut‚ U.S. Revenue: US$ 182.515 billion (2008) Net income: US$ 17.410 billion (2008) Total assets: US$ 797.769 billion (2008) Employees: 323‚000 (2008) CEO & Chairman – Jeffrey R. Immelt Lines of business:
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1. The history‚ development‚ and growth of the company over time (e.g.‚ critical incidents) General Motors (GM) was founded in 1908. William C. Durant brought together 25 independent car companies to form one large corporation. Each company held its own identity as GM operated as central administration office for the 25 divisions. Due to high cost in manufacturing of automobiles‚ GM was only able to target wealthy customers who could afford cars. Then Henry Ford‚ owner and founder of Ford Motor
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Through my semester in General Psychology Taking Psychology has taught me a lot more than I already knew about the human mind and human body. I have actually enjoyed taking Psychology this semester. what I have learned from Psychology class will be carried with me throughout my college and professional career. In Psychology I learned the science of behavior and processes. The “ABC’s” of Psychology which are‚ A- stands for affect‚ which are feelings‚ emotions or moods. B- stands for behaviors
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General manager job description I/ Key job tasks of general manager job description 1. Planning administration • Provide leadership and vision to the organization by assisting the Board and staff with the development of long range and annual plans‚ and with the evaluation and reporting of progress on plans. • Oversee preparation of an Annual Report summarizing progress on short and long range plans. • Research and write discussion papers‚ analysis documents and proposals
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Table of Contents Executive Summary General Motors (GM) is one of the big three auto makers of the world (GM‚ Ford‚ and Chrysler) and has historically been the largest and most successful. They have built some of the most famous and classic vehicles on the road which have portrayed messages of both modesty and display of class for a market of consumers who range from working class to music superstar; as Alfred P. Sloan‚ CEO of the 1920s put it‚ GM makes “a car for every purse and
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