being. Furthermore‚ using fossil fuel too much may lead to serious air pollution. Most fuels are reacted with oxygen gas and then give off a mass of emission. This waste gas contaminates our atmosphere and cause respiratory illness. In contrast‚ alternative energy such as wind power‚ solar power is clean and renewable energy. What the most significant point is that it has the low price which can be easily accepted by ordinary citizens. However‚ those who hold the counter-argument convince that fossil
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Describe the different methods of Alternative Dispute resolution available to deal with civil cases? Disputes Resolution has become a major aid in helping resolves disputes between different parties‚ primary between private companies‚ but also between individuals. The courts has aimed to make Dispute Resolution as fair as possible and has placed regulations on all of the keys methods of Dispute Resolution. In this question I will outline the key methods of dispute resolution which are‚ Mediation
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1) Profit maximization is described as short-term goal within a given period of time. A corporation may maximize its short-term profits at the expense of its long-term profitability. In contrast‚ stockholder wealth maximization is a long-term goal‚ since stockholders are interested in future as well as present profits. According to world academy (2013)‚”wealth maximization is generally preferred because it considers (1) wealth for the long term‚ (2) risk or uncertainty‚ (3) the timing of returns
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According to Cheeseman (2010)‚ “Alternative Dispute Resolution (ADR) is methods of resolving disputes other than litigation.” An ADR comes in different forms like negotiation‚ arbitration‚ mediation‚ conciliation‚ mini-trial‚ fact-finding‚ and judicial referee. Arbitration is known to be the most common form of ADR. Although‚ arbitration is the most common form of ADR‚ negotiation is the best ADR to use among a learning team. According to Cheeseman (2010)‚ “Negotiation is a procedure whereby
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CLUSTER FINANCING Definition of Cluster in the Indian Context Clusters can be defined as Sectoral and geographical concentration of enterprises‚ in particular Small and Medium Enterprises (SME)‚ faced with common opportunities and threats which can: a. Give rise to external economies (e.g. specialized suppliers of raw materials‚ components and machinery; sector specific skills etc.); b. Favour the emergence of specialized technical‚ administrative and financial services; c. Create a conducive
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The debentures are having a great significance as a means of corporate financing. Through debentures‚ the company is enabled to have the capital without giving any control over their holders. There is a certainty of finance for a specific period and the company can adjust its financial plan accordingly By issuing the debentures‚ the company gets an opportunity to trade on equity. Consequently‚ it results in increasing the return for the equity shareholders. There are certain individuals and institutional
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BATNA: Best Alternative to a Negotiated Agreement WATNA: Worst Alternative to a Negotiated Agreement Popular Attribution to Fisher & Ury‚ Getting to Yes. Introduction: In most settlement negotiations‚ parties are influenced consciously or unconsciously by their assessment of their alternatives to a negotiated agreement. The better their alternatives‚ the more they may push for a more favorable settlement. The worse their alternatives‚ the more accommodating they may be in the settlement negotiations
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Introduction Action Standard Manufacturing Company is a producer of top quality lawnmowers‚ garden tractors‚ tillers‚ and implements. It was established in 1920 and is nationally known‚ having growth steadily. In 2005‚ it made a decision to embark on a rapid expansion program to take the advantage of the growing market for all purpose tractor/lawnmowers/snow blower machines. So the product line expansion led to increase in assets of approximately 50% in both 2006 and 2007. Dianne Covington‚ financial
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Business finance is one of the most important aspects of running and maintaining a business. Finances dictate the success or failure of a business. If a business owner does not properly maintain their business finances then they will soon see problems arise. Business finance is something that every business owner must deal with and understand. Part of business finance is setting up proper cash flow. A business owner needs to clearly define their accounts receivable and accounts payable. They need
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impact the ability of an exporter to enter a foreign market and potentially compete in both credit terms and pricing. ◆ See what organizations and resources are available for exporters to aid in managing trade risk and financing. ◆ Examine the various trade financing alternatives. The purpose of this chapter is to explain how international trade‚ exports and imports‚ is financed. The contents are of direct practical relevance to both domestic firms that just import and export and to multinational
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