Business 121 Midterm Review 80 Marks 25 Marks Multiple Choice- from readings on the base concepts 40 Marks Short Answer- questions from lectures more in depth explanation and application 15 Marks Problems- 3 questions Business Planning- 7 marks- Unit 1/ Chapter 8- Writing and effective business plan -3 M/C Benefits of writing a business plan A business plan is a formal written document that explains the entrepreneur’s vision and how it will be converted into a profitable viable business Often
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you £480 from the proceeds of sale. However‚ the payment was never made. Held: The promise to make payment came after the consideration had been performed therefore the promise to make payment was not binding. Past consideration is not valid. 2. The consideration must be sufficient but need not be adequate. Lampleigh v Braithwaite [1615] EWHC KB J17 The defendant had killed a man and was due to be hung for murder. He asked the claimant to do everything in his power to obtain a pardon from the King
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Cause-Effect Essay Every new experience in life brings some kind of excitement. However‚ the feeling that comes along may affect positively or negatively. May 2011 was a turning point‚ when I decided to move to the United States of America from Congo in Africa. Everything seemed to be well planned in my mind‚ but nothing was simple to accomplish and the reality was different. Moving to a new country is an awkward experience which has many effects on people such as communication barrier‚ loneliness
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Globalisation: Definitions and Perspectives (Composed by Eric Beerkens‚ 2006) Globalization refers to all those processes by which the peoples of the world are incorporated into a single world society‚ global society (p.9). Albrow 1990 Globality is supplanting modernity (p. 4) Albrow 1996 The world economy has become so highly interdependent as to make national independence an anachronism‚ especially in financial markets. The interdependence is driven by science‚ technology and economics -
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Economic Geography--The Starting……. Basically the concepts of Economic Geography is interdisciplinary involving explicitly geography‚ economics and business and implicitly other social and natural sciences. So the discussion should be started with a clear concepts of economics and geography. Concepts of Economics When we think of "Economics"‚ the following words may come to mind representing concepts which we feel might be of particular concern to economists: economic activities‚ markets‚ allocation
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Case Interco Introduction Interco is a shoe company founded in 1911. Its business has spread to other product through acquisitions. Equity analysts saw Interco as a conservative company that was not highly leveraged leading to high financial flexibility. This allowed the firm to repurchase share and make acquisitions when the opportunities were there. Interco has four major divisions; Apparel Manufacturing‚ General Retail Merchandising‚ Footwear Manufacturing and Retailing and Furniture and Home
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educated in London School of Economics. After graduation from the university‚ he worked for his father’s shipping company. In 1995‚ he founded easyJet. After more than fifteen years development‚ easyJet is now developed as the second largest low fare carrier in Europe. Meanwhile‚ his easyGroup now had already involved in series of business fields like food‚ travel‚ music and so on. (Lewis‚ 2010) As the competitor of easyJet‚ Virgin Atlantic Airways was established by Richard Branson in 1984. Richard
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developed its Capital Markets assumptions from the Modern Portfolio Theory‚ focusing on a big extent on mean-variance and covariance matrices analysis‚ leading to the construction an efficient frontier (Exhibit 11). These numbers were obtained though historical analysis done by HMC and third-party analysts. b) HMC has as one of its objectives to maintain the endowment’s long-term purchasing power. By focusing on real returns‚ it gives the concerned parties at Harvard a clear view over the purchasing power’s
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Article Review: “Flexible Work Is Healthy‚ Studies Show” Written By‚ Rachel McLaurin Business101 Instructor: Charles Svihlik July 13‚ 2013 Section I: Article Summary The main concept of this newspaper article is to inform the reading audience of the benefits to American white collar workers already in place working under flexible working hour employment conditions. It stays away from political opportunities as well as monetary measurements of pluses or minuses to American employers for this
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Human Resources Department also has responsibility for many other tasks including Recruitment and Selection‚ Training. The most important task that performed by HR Department is Workforce Planning. Basically‚ Workforce Planning is the process when business needs to make sure that it recruits the right people. The recruitment and selection of best employees might be very hard. First of all‚ the company has to understand the importance of Human Resources Management and ensure they spend enough capital
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