the contract will be called a "breach" of the contract. Contract breaches have wide ranging consequences both legal and practical to the parties to the contract. This article will address the various effects that contract breaches will have on businesses. Some of them are set out below:- (a) Injury to reputation - It is not good for a business’ reputation if word gets out that they have not honored their part of the contract. Other companies will be reluctant to do business with an entity which
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Proposal. How Does Branding Affect Consumers’ Purchasing Decisions? 1. Introduction Branding is an important element in business. Without a brand‚ customers have to explain to the sellers in detail about the products that they want‚ while sellers may be confused or give the wrong products to the customers. Therefore‚ it can be assumed that brand acts as a sign‚ name or symbol for the products and services. The main aim of the brand is to identify the products or services of a seller or groups of
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Topic: Visual Components of Food Packaging that affects Consumer Purchasing Behavior Research Problem: There are several crucial matters that could lead to the promotion of an organization in the present competitive world. One factor which may lead to promotion is customer satisfaction. Not knowing how consumers behave will result in organizations not taking appropriate measures to meet the expectations and needs of consumers (Hawkins and Coney‚ 2010). This may jeopardize the overall organization
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include political stability of the United States‚ and the perspective of our government towards the e-commerce market. Amazon is a company that will always benefit from political stability‚ mainly because when the political environment is secure‚ they are able to expand their company to different parts of the United States and foreign countries with less complications. The perspective of the government towards e-commerce affects Amazon because of the taxation policies in place. Different states charge
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HOW INTEREST RATES AFFECT OUR PURCHASING DECISIONS Fluctuating interest rates have a decidedly large impact on purchasing decisions. Higher interest rates mean that consumers don’t have as much disposable income and must cut back on spending. When higher interest rates are coupled with increased lending‚ banks makes fewer loans. Lower interest rates make it easier for farmers and manufacturers to borrow to invest in equipment and buildings. That gives business more incentive to invest
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all its affairs directed by a single government’ At the national level‚ government is organized on either federal or a unitary basis. Federal systems contain middle-level territorial units of government (states‚ provinces‚ regions) which have a guaranteed status in the constitution that gives them a degree of independence and autonomy from the central government. In contrast‚ Sub-central units of government in unitary states are the creatures of central government‚ which creates them and which can
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a major factor I the world. A main key of JFK’s Presidency was his attempt to curb communism in foreign Country’s. But did he do this right? JFK’s presidency has always coexisted with conspiracy‚ which has hurt the Americans publics trust in the government. His external affairs as well as his internal were major sources of distrust in our society. While JFK while a great man and great president he did not always make the best decisions. His devotion to putting an end to communism affected his ability
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The Italian government was not genuine political power until Benito Mussolini took control of the Italian government in 1922. Under Mussolini‚ Italy turned into totalitarian government where political rivals were killed or quieted to continue their supreme reign. This made numerous things happen to Italy’s social and monetary issues. The first of
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controversy which sometimes surrounds them‚ have in a way brought the study of business ethics to the forefront. As a detriment‚ they have been blamed for hastening the collapse of traditional ways of life; for taking advantage of weak and/or corrupt governments in countries where they do business; for addicting the world population to unsustainable technologies while blocking technologies counter to their interests; and for intensifying the disparities between rich and poor. Some people feel as though
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Government spending fails to stimulate economic growth because every dollar Congress "injects" into the economy must first be taxed or borrowed out of the economy. Thus‚ government spending "stimulus" merely redistributes existing income‚ doing nothing to increase productivity or employment‚ and therefore nothing to create additional income. Even worse‚ many federal expenditures weaken the private sector by directing resources toward less productive uses and thus impede income growth. Spending-stimulus
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