Case Analysis: West Indies Yacht Club Resort: When Cultures Collide The British Virgin Islands (BVI’s) are made up of thirty-six islands‚ less than half of which are actually inhabited. Though the government of the British Virgin Islands has restricted development and growth‚ the vacation and tourism industry has ceased to develop into a profitable‚ yet highly competitive market. There are mainly five upscale hotels‚ one of which is the West Indies Yacht Club Resort (WIYCR). The WIYCR was
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The Article Review By: Efrain Gonzalez Jr. Law/421 March 10‚ 2013 Chuck Ward In this article review the author will present an article that specifically related to e-business and intellectual property. The information provided in this review will identify different types of and legal protections for intellectual property. The information describes‚ provide‚ and analyze the legal issues of e-business to include intellectual property‚ privacy‚ ethics‚ and security. The first piece of information
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and Loss Sharing method: This method of financing is very much different from the conventional as it uses the concept of profit and sharing for example when a corporate wants us to finance their project the bank uses the concept of Mudaraba where the bank act as investor and the corporate as the entrepreneur . As Islamic banking prohibits against repayment of a fixed or floating interest rate‚ this concept provides a risk to the bank as the entire financing will be provided by the bank and the customer
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products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products on the basis of a single variable that costs over a given time span (cost driver) that is closely related to production
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Product cost is the cost of direct labor‚ direct materials‚ and manufacturing overhead that are consumed to create a product. Product cost can also be considered the cost of the labor required to deliver a service to a customer. Direct Material Cost Definition: Direct material cost is the cost of materials used to manufacture a product or provide a service. Direct Labor Definition: Direct labor is production or services labor that is assigned to a specific product‚ cost center‚ or work order
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Running head: Long-Term Financing Long-Term Financing University of Phoenix Online Introduction to Finance and Accounting MMPBL-503 James R. Sullivan November 3‚ 2008 Long-Term Financing An established company is considering expanding its operations‚ and to achieve their business objectives‚ the company will require additional long-term capital financing. Long-term financing involves debt or equity instruments with greater than one-year maturities‚ and the cost of this long-term capital
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` New venture financing at its core is securing the necessary funding to launch a new business. There are a variety of options for the entrepreneur to secure these funds‚ and finding the right financing in critical to starting any new business. Investors into a new venture will want to know that there is an acceptable risk/reward threshold for their capital. Therefore‚ it is important that the entrepreneur alleviate investor anxiety about the riskiness of the venture. There are several ways of
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3 British English Can one tame a tiger? - The extensive growth of South East Asian Economies - Introduction A tiger economy is a name given to a region or country which undergoes a heavy and fast economic growth. This usually also leads to rising living standards. This term was first applied to South Korea‚ Singapore‚ Hong Kong and Taiwan. Since the 1960’s‚ these four countries are known as the East Asian Tigers. Later on more Tiger Economies emerged‚ but this essay will focus
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IKEA in the Middle East May 2013 Table of contents Executive summary Introduction Purpose Scope Method Findings IKEA’s Marketing Strategy Reforms Discussion / Conclusion IKEA and the Future of the Middle East References Executive summary In 1995‚ IKEA opened their first store in the Middle East in what was called the retail hub Deira. This came at a time when the UAE was at the start of their development plans for Dubai. In terms of economics the UAE was on the way up in the building
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DEUTSCHE BANK SECURITIES: FINANCING THE ACQUISITION OF CONSOLIDATED SUPPLY S.A. Teaching Note Synopsis and Objectives In November 2003‚ Maria Ober‚ a vice president of Deutsche Bank Securities‚ received a client request for financing the acquisition of a large hospital-supply distributor. The client needed to present the seller with an offering price and an indication of financial commitment within two weeks. The contemplated transaction entailed a highly-leveraged acquisition of the target
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