The four basic elements of a valid contract are agreement‚ consideration‚ contractual capacity‚ lawful object. Objective theory of contracts is intent to enter into a contract. An example of this would be going to a car lot and say I will give you 5‚000 for this use car. This is a valid contract offer. I intend on purchasing the used car if the car lot is willing to sell the car for 5‚000. In the case of Pepsi vs. John Leonard objective theory doesn’t apply. Pepsi wasn’t truly offering the Harriet
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No sales person in an organization is an island. The concept of team selling has become the trend in today ’s business environment because it is successful. Team selling utilizes each sales person ’s strengths‚ enhances one ’s contribution‚ increases productivity and reduces turnover. Success in sales happens as the result of planning and effective execution. Careful coordination o f many resources are required on the selling side and the customer ’s side throughout the sales process. The goal of
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There are four basic financial statements that companies use. They begin with income statement‚ statement of owner’s equity‚ balance sheet‚ and the statement of cash flows. Company’s use income statements to report how much money they have made and how much they have spent over a specified period of time. The statement of owner’s equity is used to report any changes in equity from a company’s net income or net loss‚ as well as report changes in the owner’s investments and withdrawals over a specified
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Basic Accounting Concepts and Business Structures Rose Latifi ACC 537 November 10th 2012 Professor Joh David Basic Accounting Concepts and Business Structures Generally Accepted Accounting Principles (GAAP) and Related Hierarchy The common set of standards and procedures is called generally accepted accounting principles (GAAP). Four organizations are instrumental in the development of financial accounting standards (GAAP) in the United States: 1- Securities and Exchange Commission (SEC)
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In microeconomics there are five basic market structures. We can distinguish: perfect competition‚ monopolistic competition‚ perfect monopoly‚ natural monopoly and oligopoly. Each of them varies in many aspects and I am going to present the definitions and differences between them. First type of the market is perfect competition which is possible only in theory. The definition assumes that all goods are identical‚ all market participants have perfect information‚ there are no barriers to enter
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organizations. For example‚ many work teams are using the work performance measurement to improve processes. 1. Work performance measurement is important for an organization to compare operational processes‚ evaluate workers‚ and determine costs. 2. The four basic methods of work measurement are time study‚ elemental standard time data‚ predetermined motion-time data‚ and work sampling. Each method has its own advantages and area of application. 3. In many cases‚ work measurement is used as part of a financial
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designing and coding a program. At a low level‚ structured programs are composed of simple‚ hierarchical program flow structures. "These are regarded as single statements‚ and are the same time ways of combining simpler statements‚ which may be one of these structures‚ or primitive statements such as assignments or procedure calls." (Dijkstra‚ 1990) The three basic types of structure identified by Dijkstra were concatenation‚ selection‚ and repetition. LITERATURE REVIEW Simple sequential code
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psychology. Numerous personality theories exist‚ and most of the major ones fall into the four psychological forces. Each of these forces describes the theorists associated with each force and the core ideas that influence personality in each perspective. This paper will discuss my perspective on personality and change across the four forces by analyzing each force and concluding with my overall viewpoint. THE FIRST FORCE- PSYCHODYNAMIC The psychoanalytic perspective of personality focuses on the “unconscious
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NAME_________________________________ LAB TIME/DATE _______________________ R E V I E W S H E E T EXERCISE 7 Print Form The Integumentary System Basic Structure of the Skin 1. Complete the following statements by writing the appropriate word or phrase on the correspondingly numbered blank: Stratified squamous epithelium The two basic tissues of which the skin is composed are dense irregular 1. _____________________________ connective tissue‚ which makes up the dermis‚ and 1 ‚ which forms
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Module Manual: Going To Market: Managing the Channel & the Sales Force PGDM 2011- 2013 Course Credits: 04 Course Marks: 40 1-INTRODUCTION TO THE COURSE * Going to Market introduces the students to the sales and distribution discipline as the final delivery vehicle of marketing and covers elaborately its two constituents --Managing the Channel (External to the organization) and the Sales Force (Internal to the organization). * * A product or service has been
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