a. Discuss the pros and cons of option 1‚ and prioritize your thoughts. What are the most positive aspects of this option‚ and what are the biggest drawbacks? The option 1 looks at getting a loan of 4 billion from a consortium of bankers including J.P.Morgan with whom Merit has good business relationship and has served Merit with its short term as well as long term funding requirements in the past. The pros of this option are * The well established relationship between J.P.Morgan and Merit
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S-CORPORATIONS AND LLC Webster University When discussing the comparisons and contrasts between S-Corporations and LLC’s we will need to assess benefits and disadvantages of both for entrepreneurs and small business owners. A major obstacle for many businesses initially is the need to expand. A business organization such as a Corporation‚ offers the ability to expand‚ but at the price of a double taxation to profits earned and shareholders dividends‚ while the structure of a Partnership (General
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Marine Corps Issue The Points of View Essay Ali Raza M. Syed The short story Marine Corps Issue is written by David McLean. It is an account of a family who has been affected by the war; Jonathan’s father had fought against the Vietnamese and had become a POW. The past of the father had been kept a secret till Jonathan becomes curious and finds out the truth. It had been kept a secret because the parents did not want to expose the children to the cruel past they
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Team Building Team building is a process that develops cooperation and teamwork within a work unit. To constitute an effective team‚ its members must share a common goal‚ have respect for each other‚ and be motivated to use the strengths of each member to achieve their objectives. Current corporate philosophy stresses that each member of a team plays an integral part in the success of the company. With understaffing‚ burnout‚ outsourcing‚ and other morale-defeating activities on the rise‚ many
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Job Corps Essay 1. Who Am I and Where am I from? My Name is Cherry Hogan born in Selma Alabama and raised in Marion Alabama. I am 20yrs. Old and I dropped out of school at a very young age. I have a 3yr. old son that I am taking care of by myself. I currently reside in Ellenwood‚ Ga. with my brother and his family. And I hope to become a productive individual one day. 2. Why do you want to attend Job Corps as opposed to a more traditional educational path? I decided to choose
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Product placement‚ or embedded marketing‚ is a form of advertisement‚ where branded goods or services are placed in a context usually devoid of ads‚ such as movies‚ the story line of television shows‚ or news programs. The product placement is often not disclosed at the time that the good or service is featured. Product placement became common in the 1980s. In April 2006‚ Broadcasting & Cable reported‚ "Two thirds of advertisers employ ’branded entertainment’—product placement—with the vast majority
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Groups and Teams All for One and One for All Alexander Dumas in his book The Three Musketeers wrote (1844) “All for One and One for All”. This philosophy is what high performance teams are all about. Is it better to belong to a group or a team? Groups or teams can evolve into high performing‚ extremely effective‚ useful tools in any organization if developed and managed correctly. Working as a Team What is the importance of working together in groups and teams? A team or group
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rights reserved 0160-7383/94 $6.00 + .00 0160-7383(93)E0032-9 THE TOURISM PRODUCT Stephen L. J. Smith University of Waterloo‚ Canada Abstract: An industry is characterized by a generic product and production process. For tourism to be considered an industry‚ it is necessary to show that such a genetic product and process exist. This paper argues that they do exist‚ and presents a model that describes the product as consisting of five elements: the physical plant‚ service‚ hospitality‚ freedom
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integration process the international competition is increased‚ the requirement for international business strategy is rising ever higher. International business strategy plays a vital role in the global economy‚ it not only to guide a company’s development‚ but also link the global economy. What is strategy? A strategy is the pattern or plan that integrates an organisation’s major goals‚ policies and action sequences into a cohesive whole. (Mintzburg‚ 1984) Those strategies established long-term objectives
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MBA Program Organizational Behavior Prof. Aly Messallam Term Paper Virtual Teams By Ahmed Abuelazm Cohort 5 23 November 2012 Contents Abstract 4 Introduction 5 Situation 8 Discussion 9 Conclusion 11 Bibliography 12 Abstract In the current competitive market‚ virtual teams represent a growing response to the need for rapid solutions to complex organizational problems. Virtual teams enable organizations to pool the talents and expertise of employees and non-employees
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