MGMT 625 Midterm Exam TRUE/FALSE QUESTIONS (2 POINTS EACH) 1. The stability and predictability of the law is essential to business activities. ANSWER: TRUE 2. Uniform laws apply in all states‚ including those in which the laws have not been adopted. ANSWER: FALSE 3. A state law that conflicts with the U.S. Constitution will be deemed unconstitutional. ANSWER: TRUE 4. Damages is a remedy at law. ANSWER: TRUE 5. Equitable remedies include injunctions and decrees
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The Legal and Ethical Considerations of Marketing in America Paper Evolution of the Market Orientation explains why marketing is a driving force in the modern global economy. First of all‚ the first stage was covered up until the early years of the 1920’s‚ in the United States‚ called the ‘production era’. Goods were scarce and buyers were willing to accept virtually any goods that were available and make do with them. The ‘sales era’ picked up right after the early 1920’s to the 1960’s
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CROSS EXAMINATION The party who calls a witness examines the witness with a view to adducing evidence in proof of his case and this is what is referred to as examination in chief covered at S. 145(1) thereafter the adverse party has a right to examine that witness. If the adverse party exercises that right‚ the examination is referred to as cross-examination Section 145(2). Cross examination is a fundamental right not a privilege and if a person is denied the right‚ the denial can vitiate the
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Addressing International Legal and Ethical Issues Simulation Disagreements are very common in international trade. Whenever a company enters into a contract with an international entity‚ it must ensure that the contract is legally enforceable in order to protect the company’s interest. This paper deals with such international problems faced by a hypothetical company‚ CadMex Pharma based in Tampa Florida‚ which teams-up with another hypothetical company‚ Gentura based in a small developing country
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Addressing International Legal and Ethical Issues Tinna Walker LAW421 Tad Davis June 24‚ 2013 Addressing International Legal and Ethical Issues In the simulation‚ I had to come face to face with several legal struggles through the business ventures of CadMex and Gentura. The first issue that we had to deal with was the issue of addressing international sales. I decided to go with the option of International Sale of Goods as the choice of law and International Arbitration to resolve any contract
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It is important for everyone to have a basic understanding of legal concepts because the outcome of our society depends on it. A basic understanding allows our society to better themselves for future generations. Legal concepts allow unity and allows changes in society. Many topics will be discussed to elaborate the importance of knowledge of basic legal concepts such as ethics‚ sources of law‚ tort law and contract law. Ethics are a collection of standards of conduct and moral judgement forming
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New product Li Yuan Dip Fin 16B1 1. Idea generation-there are many sources to help them to generate the new idea. Business analysis-what is the potential for sale‚ costs‚ and benefit? 2. Idea generation is the first stage of new product development. The idea is creative thinking. that is new product ideas or creative process. Lack of good new product idea has become the bottleneck of industry of new product development. A good new product idea is a key of new product
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SHIELD: PRODUCT DEVELOPMENT IN A DISTRIBUTED TEAM (Case study No: 06/2005-5285) Assignment Case Study Executive MBA March 2009 � TABLE OF CONTENTS 1EXECUTIVE SUMMARY � 2INTRODUCTION � 2MANAGING GLOBAL COMPLEXITY IN THE DRM SOFTWARE INDUSTRY � 3Multiplicity � 3Interdependence � 3Ambiguity � 3Flux and Speed � 3THE CULTURES OF INFOTECH AND PROFESSIONAL � 3Organisational Culture � 5Culture Model - Gofee and Jones � 6Team Motivation � 7PERFORMANCE MANAGEMENT � 7Goal-setting Theory �
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Diversity in the Workplace: Implications for Human Resource Development Jaleesa Brown BSHS/425 07/28/2015 Deborah Young Diversity in the Workplace: Implications for Human Resource Development In today’s world discrimination is big problem in the business community. Since there is a big increase in cultural and gender diversity in the workplace people from many ethnicities and backgrounds are obligated to work together to meet the companies goals. In some cases differences between people have a tendency
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Introduced Products Submitted by: Prashant Kumar Dubey Executive Summary This report gives an environmental appraisal for the Kodak‚ UK. PLEEST tool has been adopted to do the environmental analysis. After the analysis‚ two new products have been introduced aiming to increase the market share of Kodak in the United Kingdom. Target segment has been selected and justification given for the choice for both the products. A detailed marketing plan consisting of details of the product and recommendations
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