BMW of North America Inc. Vs. Gore Supreme Court of the United States‚ May 20‚ 1996 Facts: In 1983‚ the American distributor of the German auto manufacture adopted a policy in which any damages resulted in delivery to dealership would be fixed and sold as new without the dealer knowing as long as it was three percent or less of the suggested retail price. Gore purchased a BMW for $40‚750.88 not knowing that it had been repainted and sold as new because it only costed $601.37 which is only 1.47
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Firstly‚ in the field of healthcare‚ developed countries can support heunderdeveloped in many ways. They can send their expert doctors to train the medical staff in the developing countries. Also‚ they can open free medical camps in the selected areas of poor countries. In this way free medical advice could be given. Such camps can also start health awarness campaigns to make people aware of unhealthy lifestyles. Moreover‚ experts from the developed countries can also help with the vaccination programmes
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Summary This article is giving experience suggestion that certain definite strategies can be used by businessman to protect their firms’ market. Corporation today compete on an international basis‚ so must have an appropriate international business strategy which can give comparative advantage. Yet the managers rarely have a systematic approach to their international business operation. The insular company with unattractive options is losing market share and margin. To deal with this dilemma requires
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individuals and scholars. According to Asian Development Bank the term non-governmental organization refers to “an organization not based in government‚ and it is not created to earn profit”. United Nations defines it as “private organizations that pursue activities to relieve suffering‚ promote the interest of poor‚ protect the environment‚ provide basic social services or undertake community development”. The first definition is over-simplistic and leaves out important aspects of why NGOs are formed. However
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GLOBALIZATION. ADVANTAGES AND DISADVANTAGES. Globalization can be described as a process by which the people of the world are unified into a single society and function together. This process is a combination of economic‚ technological‚ sociocultural and political forces. It’s a movement of people‚ goods‚ capital and ideas due to increased economic integration. Globalization is a controversial issue mainly because different groups interpret it in different ways. For its opponents globalization is
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advantages of an Activity Based Costing System: The first and most important advantage is the accuracy in the process of costing with regards to the product line‚ the end-users of the product‚ the stock-keeping units employed by the management and the channel and category which streamline the flow of the product from the producer to the end user. This system better assists in the process of understanding the concept of overheadcosts i.e. the allocation of common business resources as they are used
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The Effects of Drug Use during Pregnancy Smoking‚ drinking‚ and other recreational drug use during pregnancy is a major public health problem. Throughout this synthesis I will discuss how teratogens effect children before birth. I am going to hit key points about tobacco use and recreational drug use during pregnancy the most. Tobacco and recreational drug use during pregnancy can cause antisocial behavior including conduct disorder and delinquency. The use of tobacco during pregnancy has adverse
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CHAPTER 3 The Competitive Environment Learning Objectives Upon completing this chapter‚ you should be able to: Identify the structural characteristics of the environment faced by the firm and how these drivers influence both competition and value creation Choose the appropriate level of specificity in environmental analysis‚ depending on the locus of the decision-making group Predict how changes occurring in the environment might influence future competition and value creation Incorporate understanding
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If you have developed a product that you would like to sell on the market or attempt to sell to a company‚ your first priority is to get a patent on your invention. You want to do this for several reasons‚ but most importantly‚ you want to protect what belongs to you. However‚ you should get an attorney for the patent process. The following are a few of the reasons for this. An attorney can help determine if your invention qualifies Everyone assumes that they can get a patent‚ but not everything
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CARL’S JR • Does the firm possess a competitive advantage? -How can it be sustain? There’s room to grow the hamburger business in Thailand‚ as consumption remains low compared with other fast food categories‚ and there are few players in this segment. A competitive advantage exists when the firm is able to deliver the same benefits as competitors but at a lower cost or deliver benefits that exceed those of competing products. In case of Carl’Jr ‚ the resources and capabilities
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