CAPITAL BUDGETING IN MNC Meaning of Capital Budgeting Capital expenditure budget or capital budgeting is a process of making decisions regarding investments in fixed assets which are not meant for sale such as land‚ building‚ machinery or furniture. The word investment refers to the expenditure which is required to be made in connection with the acquisition and the development of long-term facilities including fixed assets. It refers to process by which management
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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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nature. The poem ‘All World’s a Stage’ is typical example of Shakespearean genius as he metaphorically compares the world to a stage where every human makes an entry like a stage actor‚ plays different roles and‚ when time declares‚ leaves the stage eventually. The poem is beautiful example of his vision of life. The first stage of life is infancy. The poet here describes a baby crying and throwing out in the mother’s arm calling for attention. In the second stage of life‚ the baby is now a school-going
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main “responsibility” for corporations has historically been to make money and increase shareholder value. Although for decades‚ business has also been engaged in charity‚ philanthropy‚ and civic activities including social investments in health. Many times these investments were less than strategic‚ and were not directed to real social change. Is then Corporate social responsibility planting trees in some vague corner of the world or supporting a certain cause? Today‚ business understands “doing well
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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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first know the meaning of the basic concepts that lay down in the topic. This is why I begin my report with the definition of the term “multinational company”. According to the definition on the website businessdictionary.com1 a multinational company (MNC) is an organization that realizes economic activity in more than one country at a time and at least 25% of its incomes come from abroad. Multinational companies have branches across the world in the so called “host
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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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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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down its shutters in India in mid 1990s. In fact‚ the company now doesn’t want the consumers to remember it as Kentucky Fried Chicken. Just KFC would do nicely. Thank you very much. More than a decade after they set foot in India‚ all the major MNC fast food chains such as McDonald’s‚ Yum! (which owns the KFC and Pizza Hut brands)‚ and Domino’s are fast changing their stripes and business models in India to the extent they wouldn’t have even imagined in their early days. Burdened with a name
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Module 4 - SLP Strategic Choices for Coca-Cola Company Victor D. Gallardo Trident University Abstract In this module four session long project I will discuss while learning on how to apply and integrate results from the two completed SLP with four generic business strategies found with this module in regards to the different types of analysis for the Coca-Cola Company. Step one will include the listing of the four SWOT and four generic strategies (Low Cost‚ Differentiation‚ Focus and Preemptive)
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