obligation. In its more confined sense‚ it is an agreement between two or more persons‚ concerning something to be‚ done‚ whereby both parties are hound to each other‚ or one is bound to the other. After learning the law of contract‚ we know more about the basic principles of the law governing contracts and use it to solve problems. This assignment includes the explanations of two questions: Question 1: In this passage‚ I describe the differences between offer (proposal) an invitation to treat under common
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The development of our identity is strongly influenced by socialisation. The environment and people around us form our lifestyles and create who we are and the values that we grow up to learn and accept. Family‚ peers and location are the some of the socialisation factors that influence an individual’s identity. There have been two particular theories which show the impact that socialisation has on identity. Jean Piaget based a theory around the cognitive development of a child up to adulthood. Abraham
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Distinguish between primary data and secondary data? Primary data is the data that is collected first hand from the original source for the purpose of making statistical inference while secondary data is the data that is collected by the method of abstraction and is used to make statistical inference by using primary data already collected by an investigator. Primary data is collected by Identifying population of interest choosing sample analyse sample information draw inference from
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1Distinguish between international marketing‚ multinational marketing and global marketing. If we talk in general‚ both Global and International marketing are used interchangeably now-a-days. But if we are talking in terms of marketing theories‚ international marketing was a stage in the evolution of global marketing. Let us see how‚ Stage 1 : Domestic Marketing : Companies manufacturing products and selling those within the country itself. So‚ no international phenomenon at all. Stage
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INTRODUCTION Production is a formal activity that adds value to goods and services‚ including creation‚ transport‚ and warehousing until used. Production is an organized process with specific goals. It implies the creation of a utility or services. Operation is that part of as organization‚ which is concerned with the transformation of a range of inputs into the required output (services) having the requisite quality level. Production function is ‘the part of an organisation‚ which is concerned
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DISTINGUISHING BETWEEN SCREENING TEST AND DIAGNOSTIC TESTS A diagnostic test is any kind of medical test performed to aid in the diagnosis of detection of a suspected disease or condition. This is different from a screening test which is used when not when a disease or condition is suspected‚ but when people are considered to be at high risk of developing a disease or condition. Diagnostic test are usually performed after a positive screening test to establish a definitive diagnosis. They are
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In Leucippe and Clitophon‚ we find a novel‚ at face value at least‚ with a similar plot to the other ancient novels: the protagonists are two young lovers who go through numerous misadventures‚ while staying true to each other‚ and are rewarded with marriage. However‚ it could be argued that the novel parodies its predecessors and the idealised picture of love portrayed in them‚ and that Achilles Tatius makes a mockery of the ideas typical of the ancient novels – or‚ as Morgan puts it‚ ‘conducts
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Internal economies of scale arise when firms increase their scale of production. Hence‚ they incur lower average costs of production‚ either through specialization or other factors. When average costs fall‚ giving the price of the good to be constant‚ profit margins of these firms will be increased. Thus‚ the individual firm benefits from internal economies of scale. External economies of scale arise when all firms in an industry experience decreasing average costs of production‚ which can be
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Distinguish between assertive and submissive communication styles in business As the old saying in china‚ same rice breeds different race of people. It is quite understandable that people’s characters are different. Different characters bring different communication styles‚ different thinking model‚ and different attitude of life or work. For communication styles‚ it includes some different type like the assertive style‚ the submissive style‚ the aggressive style‚ the passive-aggressive style
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Distinguish between assertive and submissive communication styles in business. Communication is the imparting conveying or exchange of ideas‚ knowledge‚ information ‚and the like by means of mechanical or electronic speech‚ writing‚or signs. how to efficient use communication styles in business ? I think we must distinguish between assertive and submissive communication styles in business and understand their advantages and limitations of each. Assertive communication is a form of communication
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