Bridgestone 1/ Describe The competitive environment for Bridgestone as well as the accounting system currently in use Prior to 1980‚ when the US market was dominated by US automotive manufacturers‚ competition in the manufacturing of automotive components was limited to US local suppliers. As foreign automotive manufacturers settled in the US market‚ competition in manufacturing automotive components became more intense. The scarcity and the expensive gasoline following the oil crisis of the end
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base of power that can be hard to control. Max Weber believed that bureaucracies share certain characteristics: chain of command‚ division of labor‚ and impersonality. The chain of command is a type of association characterized by a hierarchical structure of authority. In a military context‚ for instance‚ the chain of command is the line of power and obligation along which orders are passed within a military unit and between different units. The division of labor is when work is partitioned among
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LAW OF CONTRACT Subject Code : 101 TOPIC : VALUE OF INSUFFICIENCY OF CONSIDERATION IN CONTRACT PRESENTED BY : NAME : Siddharth Dalabehera ROLL : 1283092 COURSE : BA LLB (B) UNDER THE GUIDANCE OF : MS. Jinia Kundu and MR. P. K. Ghosh ACKNOWLEDGMENT I owe a great many thanks to a great many people who helped and supported me during
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Eva: Hello doctor Marilyn Marilyn: Hello Eva. Eva: I have a few questions about my brother injuries. Marilyn: What do you have in mind to ask me. Eva: What is the structure of skin cells Marilyn: Your skin is the largest known organ in your body. This substance is waterproof and flexible it has three layers to it. They all work together to keep all your organs and tissues inside your body it also keeps infection‚ viruses and bacteria out of your inside of your body. In your skin cells there are
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Consideration Student Name Instructor Name University Affiliation Date Abstract Consideration is the price that the promisor asks in exchange for their promise‚ that is‚ the price of a given promise. Consideration is not a significant part of a contract in a number of jurisdictions. Once parties have reached a binding agreement‚ that becomes sufficient. Nevertheless‚ the common law requires that for agreement to be binding‚ the person to whom a promise is made (promisee) must offer
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Initiating change: We discussed these findings during our monthly Doctors meetings‚ the team were surprised by the findings but agreed that we all tend to look at the patient notes and cross off medications frequently but do not always discuss or document the changes. Both medical and none medical prescribers agreed that this could potentially result in a drug error whereby the incorrect medication had been omitted and there would not be any supporting written evidence. We revisited the General
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Consideration In contract law consideration is concerned with the bargain of the contract. A contract is based on an exchange of promises. Each party to a contract must be both a promisor and a promisee. They must each receive a benefit and each suffer a detriment. This benefit or detriment is referred to as consideration. Consideration must be something of value in the eyes of the law - (Thomas v Thomas). This excludes promises of love and affection‚ gaming and betting etc. A one sided promise
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1 (a) According to the information from the question‚ Hei Lau’s letter amounted to an offer to sell his second-hand car and the offer would remain open for one week. Although Chiu Chor made the first letter to Hei Lau for inquiring “whether he would take HK$40‚000 for the car”‚ the original offer was still valid because this inquiry was a mere request for information about the offer rather than a counter offer‚ it does not imply a rejection of the offer. An example of a mere request is the case
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Introduction Consideration is one of the essential elements for a formation of a contract.1 According to Lord Pollock’s definition of consideration which is an act or forbearance of one party‚ or the promise thereof‚ is the price for which the promise of the other is bought and the promise thus given for value is enforceable.2 Besides that‚ consideration must be something of value given or promised in exchange for the promise given by the other party in order for a valid contract to be formed.3
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Differences Between TQ and Traditional Organizations Some of the contrasting differences between modern TQ organizations and traditional organizations that pre-dated the quality revolution are summarized below. Organizational structures: Traditional management views an enterprise as a collection of separate‚ highly specialized individual performers and units‚ linked within a functional hierarchy. Lateral connections are made by intermediaries close to the top of the provinces. TQ views the enterprise
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