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    includes: 4 • Every contract has at least 2 parties: the Offeror (Promisor) and the Offeree (Promisee). • Bilateral Contracts. – Agreement. – Consideration. – Capacity. – Legality. – Offeror and Offeree exchange promises to each other. – A contract is formed when Offeree promises to perform. • Defenses to formation include: – Genuineness of Assent. – Form. © 2005 West Legal Studies in Business A Division of Thomson Learning 5 © 2005 West Legal Studies in Business

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    needed to raise funds to provide facilities to Young adults with high needs. In order to do this the organization had to study its environment ie its competitors‚ raising awareness amongst people and setting its targets. Youngcare competes with other renowned not for profit organizations such as the Red Cross and the McGrath Foundation; its direct competitors. The not for profit organization needed to analyze consumer behavior with regard to donations. We have all encountered situations where

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    Background Biopure Corporation a company founded in 1984 with the primary goal of developing a human blood substitute; a product that has oxygen-carrying property of blood without the harmful effects of donated blood. The company currently has two new products: Oxyglobin and Hemopure. Oxyglobin‚ blood substitute for the veterinary market and is ready for launch. Hemopure‚ another blood substitute but for the human market and it will take two years to launch the product; provided they get FDA approval

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    Natural of job A businessman faces competition as ordinary challenge which makes him rigid in adapting to changes. An entrepreneur is always flexible in changing and refining his products. Decision making A businessman follows decision made by others. They only sell existing and available products in the market. An entrepreneur makes his own decision by creating new products. Effort A businessman is not attracted to changes and technological breakthroughs. An entrepreneur keeps himself abreast

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    References Accountingexplained.com. 2014. Activity-Based Costing | Steps | Example. [online] Available at: http://accountingexplained.com/managerial/cost-systems/activity-based-costing [Accessed: 25 Mar 2014]. Accountlearning.blogspot.co.uk. 2014. Advantages And Disadvantages Of Activity-Based Costing(ABC) | Account-Management-Economics. [online] Available at: http://accountlearning.blogspot.co.uk/2011/07/advantages-and-disadvantages-of_06.html [Accessed: 25 Mar 2014]. Accountlearning.blogspot

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    1) The four dimensions of a company’s product mix include width‚ length‚ depth and consistency. A) Width: The width of a company’s product mix refers to the number of product lines sold by the company. B) Length: The length of a company’s product mix refers to the number of total products or items in a company’s product mix. C) The depth of a company’s product mix refers to the total number of variations of each product. D) The consistency of a company’s product mix refers to how closely

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    Fairy Powder Non Bio 38 Wash 3.04Kg £11.00(£3.62/kg) Add to basket ------------------------------------------------- Top of Form Quantity Bottom of Form * Goes nicely with Goes nicely with * ------------------------------------------------- Ariel Stain Remover Blue Powder 920G ------------------------------------------------- £8.58(£9.33/kg) ------------------------------------------------- Add to basket ------------------------------------------------- Top of Form -------------------------------------------------

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    Road freight – advantages and disadvantages | Chicsha www.chicsha.com/road-freight-advantages-and-disadvantages/‎ 13 Sep 2012 - Undoubtedly‚ road freight is the most widespread mode of goods transportation these days. Advantages and Disadvantages Modes of Transport - StudyMode.com www.studymode.com › Home › Statistics‎ Advantages/Disadvantages‚ Modes of Transport Air Freight Air freighting is commonly used by companies who work with short lead times‚ or advanced service ... Disadvantages Of

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    Chapter 1 Homework 1. Know what marketing is and why you should learn about it: A part of marketing means selling and adverting‚ but marketing is much more than only selling and adverting. Marketing is important to every consumer because it provides choices for all of us to understand why consumer wants or needs a product. Also marketing will be important to you job because marketing relates to other functional areas‚ it help us to do job better. Marketing also affects innovation and standard

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    142 Chapter 9 CHAPTER 9 MULTIPLE CHOICE ANSWERS AND SOLUTIONS 9-1: d Deferred gross profit‚ Dec. 31 (before adjustment) P1‚050‚000 Less: Deferred gross profit‚ Dec. 31 (after adjustment) Installment accounts receivable‚ Dec. 31 P1‚500‚000 Gross profit rate ____÷ 25% __375‚000 Realized gross profit‚ 2008 P   675‚000 OR Installment Sales (P1‚050‚000 ÷ 25%) P4‚200‚000 Less: Installment account receivable‚ Dec. 31 __1‚500‚00 Collection P2‚700‚000

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