Key Elements of the P&L a/c and the Balance Sheet Sales: This is income got after the business is finished selling goods or services. Sales in PPP determine whether a company makes a profit or loss. 2014 2013 £100‚250 £105‚800 Cost of Sales: These are the costs a business obtains from making direct sales. In PPP is to know how much the making of the pizza has cost in order to have a selling price. 2014 2013 £47940 £51750 Opening Stock: These are goods that a PPP starts with at the start of the
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SECTION 2: THE AGREEMENT An agreement is the essence of every contract. The parties to a contract are the offeror (who makes an offer) and the offeree (to whom the offer is made). If‚ through the process of offer and acceptance‚ an agreement is reached‚ and the other elements are present (consideration‚ capacity‚ legality)‚ a valid contract is formed. KEY VOCABULARY Material: Subject (matter): Offeror: Offeree: Firm offer: Party (parties): Revoke: Entitled: Disclaim: WARM-UP QUESTIONS:
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BARGAINING WITH THE DEVIL When to Negotiate‚ When to Fight ROBERT MNOOKIN ROBERT MNOOKIN is professor of law at Harvard Law School‚ the director of the Harvard Negotiation Research project and chair of the Program on Negotiation at Harvard Law School. Dr. Mnookin has taught several workshops on negotiation skills for corporations‚ government agencies and law firms. He is the author of nine books including Beyond Winning‚ Negotiating on Behalf of Others and Barriers to Conflict Resolution
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Plea Bargaining A plea bargain is an agreement in a criminal case between the prosecutor and defendant whereby the defendant agrees to plead guilty to a particular charge in return for some concession from the prosecutor. This may mean that the defendant will plead guilty to a less serious charge or to one of several charges‚ in return for the dismissal of other charges; or it may mean that the defendant will plead guilty to the original criminal charge in return for a more lenient sentence. A
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Plea Bargaining Alicia Aaron CJA/224 May 26‚ 2013 Donald Gregory Plea Bargaining Most cases are resolved through plea bargains. This is resulting from negotiations between the prosecutor and defense attorney. Plea bargains can be made at any stage of the criminal justice process. Plea bargains can be either a charge bargains or sentence bargains. There are advantages and disadvantages with plea bargains. With plea bargains‚ it can reflect the due process and crime control of the criminal
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PLEA BARGAINING Plea bargaining is defined as the process of negotiating an agreement among the defendant‚ the prosecutor‚ and the court as to an appropriate plea and associated sentence in a given case. The advantage for the defense is that less work is required on their part and they typically receive the same amount of money in return. An advantage for the prosecutor is they get a conviction and can alter the sentence any way they see fit as well as maintain an acceptable conviction rate. The
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Distributive bargaining‚ also known as a win-lose bargaining process is a competitive negotiation approach that is utilized to choose in what way a fixed resource such as money will be distributed. It is assumed by each person involved that in this method gains for one party’s interests will come at the expense of the other party for the reason that there is a limited quantity of resources obtainable to the parties with which to meet bargaining goals. (Holley‚ Jennings‚ Wolters‚ 2012 pg.257) In other
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How Pixar Fosters Collective Creativity http://harvardbusinessonline.hbsp.harvard.edu/hbsp/hbr/articles/article.js... ADVERTISEMENT Ed Catmull is a cofounder of Pixar and the president of Pixar and Disney Animation Studios. FEATURE How Pixar Fosters Collective Creativity Behind Pixar’s string of hit movies‚ says the studio’s president‚ is a peer-driven process for solving problems. by Ed Catmull ♦ Listen to Ed Catmull discuss managing creativity. A few years ago‚ I had lunch with the
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Three Major Topics of Human Resource Management Workforce Diversity‚ Labor Unions and Collective Bargaining‚ and Global Human Resource Management are three major topics related to human resources. The author of this paper will discuss the main issues related to each topic‚ discuss new learning including class activities that helped to facilitate learning and understanding‚ discuss the relevance to work and how it may be applied today and in the future‚ and how it may impact my future career and
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Bargaining Power Model- The Laws of Human Resources Application of the Bargaining Power Model to Evaluate the Outcome of the New York City Transit Employees Strike of 2005 Background: On December 20‚ 2005 the Transport Workers Union (TWU) called a strike in the city of New York after initial talks to resolve issues on a new contract with the Metropolitan Transport Authority (MTA) failed. The strike was‚ “Over wage rises‚ health-care and pension costs and the retirement age of employees.”
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