The "non-compete" clause New Thesis: In society today the "non-compete" clause has gained more and more publicity. In certain industries the non-compete clause is essential to protect employers investments in their personnel. A fine example of this is in the radio industry in Florida. In 1987‚ the Florida appeals court reexamined a case where disc jockeys had signed a letter of agreement with a rival station during the prohibition period of their non-compete agreement. The disc jockeys
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Short Essay on Coase’s article: “The Nature of the Firm” Coase’s article “The Nature of the Firm” provides a set of answers to important questions such as “Why do firms exist?” “What characterizes firms?” and “What determines their scale and scope?” According to Coase‚ a firm has to find the most cheap‚ most productive goods and services by establishing contracts in an open‚ efficient market place. However‚ market places are not that pure to let firms to succeed in their needs; they are not fluid. This
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country-side to the city‚ there became a strong emphasis on art and expression‚ and people’s daily lives were greatly impacted. The ‘20s led to a rise in popularity of movies and music‚ renowned classical literature‚ and respected republican leadership. Innovations and creativity flooded the era‚ and inventions such as traffic lights‚ instant cameras‚ and lie detectors were patented. The 1920 Census displayed the mass migration from rural country-side to urban cities. Prohibition throughout 1920 and 1933 led
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“Unternehmergeist”. One company that channels this “geist” is the Sillicon Valley‚ California-based design and consultancy firm‚ IDEO. Founded in 1991‚ this self-styled innovation and design firm balances process and product innovations grounded in a human-centred design philosophy. Through this approach IDEO elided the pitfalls of the technology push versus demand-led innovation dichotomy to produce products and services that feel just as good as they work. In the latest rankings IDEO was listed
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A) Why is the investment appraisal process so important? Capital Investment Appraisal is of fundamental importance because: 1. Large Amount of Company Resources: Involvement of large amount of company resources and efforts which will necessitate careful evaluation to be undertaken before a decision is reached. 2. Maximization of Shareholder wealth: Investment decision is linked with strategic and tactical business decisions and therefore need to achieve desired long-term objectives. The
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intermediation has been undergoing a profound transformation‚ owing to changes in the global financial system. India’s banking system has seen some major financial innovations in the past decade as well as steps to promote financial inclusion‚ schemes that aim to take banking services to yet-to-be-banked areas. The various innovations in banking and financial sector are ECS‚ RTGS‚ EFT‚ NEFT‚ ATM‚ Retail Banking‚ Debit & Credit Cards‚ free advisory services‚ implementation of standing instructions
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Radical and incremental innovations have long been the cornerstone of which firms base their knowledge and methods of technological innovation. However‚ this paper serves to bring attention to one of the less apparent forms of innovation‚ whose importance is increasingly being brought to light. Architectural innovations are‚ as defined by Henderson and Clark‚ "innovations that change the way in which the components of a product are linked together‚ while leaving the core design concepts (and thus
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environment matters is that‚ as humans the environment the Earth is our home. It is where we live‚ breathe‚ eat‚ raise our children‚ etc. Just because we as humans have the power to destroy environment and other species‚ this does not give us any right to do so. But more convincing to the ones having power in today’s world is probably the economic argument. That we cannot afford to destroy the Earth systems. Protecting our environment allows us to live free of any pollutants or hazards that we might introduce
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.................4 3. Firm Size…………………………………………………………………………7 4. Legal Status of a Small Firm…………………………………………………..8 5. The Qualitative Features of Entrepreneurship in Small Enterprise………..9 6. The Place of the Small Firm in the Russian Economy……………………..10 7. A List of Problems That Private Enterprise Faces in Russia (Conclusion).11 8. Reference Page………………………………………………………………...13 1. Introduction Before we can analyze what the small firm sector is and how it homogenously
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services” (Tracy)1. These businesspeople help build our economy by creating jobs‚ increasing productivity and partnering with other firms to help reach success. Entrepreneurship is so crucial to society because “it’s the entrepreneurs who serve as the spark plug in the economy’s engine‚ activating and stimulating all economic activity…” (Tracy)1. Entrepreneurial firms highly impact the economy by creating jobs‚ which is essential in fueling our economy. When an entrepreneur begins to expand their
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