LAW204 - CONTRACTS Week 5 – Express Terms ___________ ** N.B. The main cases covered in lectures‚ containing MAIN RULES are highlighted in YELLOW! READINGS/LECTURE CHAPTER 10 – EXPRESS TERMS Introduction – Contents of a Contract? Express Terms: contain contractual promise and terms that are capable of being Incorporation by pre-contractual statement: Courts look at what the parties said Have these statements become express terms? Statements the court acknowledges: Irrelevant
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Why are global strategic alliances so prone to failure? Analyse the key challenges to be overcome and suggest practical ways of improving the chances of success. GLOBAL STRATEGIC ALLIANCES Global Strategic alliances are often international associations which further the common interests of two or more firms across time and geographical boundaries. It involves corporate agreements covering a wide area of functions ranging from outsourcing jobs‚ Component sourcing through R&D to Production
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overcome the emerging challenges‚ the management thought it appropriate to forge strategic partnering with a firm that brings to the group a technology that is futuristic‚ eco-friendly and has a promising future. Hero group launched its first electric vehicle in collaboration with Ultra Motors of UK in the middle of 2007 and achieved a landmark sale of 10000 electric bikes within 4 months of its launch. The case attempts to unfold the importance and relevance of cooperative strategies in Indian
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Successful Strategic Alliances: How to prepare for an alliance Andrew Brown and Phil Hogg‚ Special to Financial Post | May 16‚ 2012 4:42 PM In this installment‚ we turn our attention to translating your alliance from a boardroom concept into real world implementation. As the driving force behind an alliance‚ here are specific actions you need to take to prepare for your alliance’s success: Assign an Alliance Champion. The alliance champion ultimately owns the success of the alliance. As a result
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Laura Martin case study Question 1- Laura Martin says she gets "paid to talk" - to whom is she talking? Answer: Laura Martin is talking with investors. She would meet with many company representatives including the CEO‚ CFO‚ operating division chiefs and head of investor relations. She is in connections with these investors via telephone‚ fax‚ voice mail or email. It is approximately 900 individual per month. Question 2- Given this crazy web of relationships‚ what are Martin’s incentives
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the firm’s price to their financial data‚ such as EBITDA. 3. Average these multiples to obtain the industry average multiple. 4. Adjust this industry multiple and apply it to the target firm to get that firm’s value. 5. Using a multiple of 20.9‚ Laura Martin calculates the price of Cox’s share to be $50.00 Advantage of multiple • With multiple‚ there’s no need to go through the process of forecasting future revenue with great uncertainty. It simply relies on current financial statement of
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Anandan‚ Nandhini and Muthuselvan (2000) in their study‚ entitled “Automobile Sector-Shifting Gears to Strategic Alliances”‚ outline the broad perspective of strategic alliance and their role in globalization. Strategies of firms in the automobile sector in the Indian scenario‚ common pit falls in strategic alliances and how this may be avoided are all highlighted. Four types of strategic alliance such as managerial dimension‚ co-operation and competition and conflict were classified taking the
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Airborne Express Case Study Evaluation of Business Leading to Sustained Superior Performance September 24‚ 2010 J401 Airborne Express’ Strategy: Value Mix Airborne considers itself as “the flexible‚ solution-oriented express carrier” with an ability to tailor its services to the needs of particularly large business customers - providing low cost‚ next day‚ and second day deliveries. In this way‚ Airborne has asserted itself using a Cost-Leader strategy (please see appendix 1). Continually
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be backed by stable democracies‚ suitable economic climate and commitment to openness. This essay will throw light on Mexico and Peru‚ their role in the Pacific Alliance and how this affects their association with the United States of America and the Asia Pacific. In the recent past there has been a turn towards building strong ties with countries that cover the Asia Pacific that enhances wealth
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ENTRY STRATEGIES: STRATEGIC ALLIANCES I. INTRODUCTION The past two decades has been an era of global evolution‚ in which the globalisation of markets‚ the convergence of and rapid shifts in technologies‚ and the breakdown of many traditional industry boundaries‚ has rendered strategic alliances a competitive necessity (Ohmae‚ 1989). A single firm is unlikely to possess all the resources and capabilities to achieve global competitiveness. Therefore‚ collaboration among organisations that possess
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