diversification – include new unrelated products or services. In this case products like Coke Diet‚ Juices‚ Vitamin water‚ etc. could be considered as centric diversification part. - Joint venture – a kind of strategy that occurs when two or more company form a temporary partnership for the purpose of capitalizing on some opportunity. Joint venture with Cadbury has been suggested in this part. - Conglomerate Diversification – include new unrelated products. Entering into snack business is an example of this
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individual from the joint Hindu Family has a few rights and obligations and despite the fact that it is a solitary familial unit‚ a Joint Hindu Family does not have a different legitimate character and is not a juristic person. It is not fit for holding property and the law does not credit any identity to a Joint Hindu Family. The Karta is overall head of the joint family who manages the entire family property. He has a right to alienate the property and different individuals from the family are under his
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The Joint Commission cited communication the core component of teamwork as the root cause in nearly 60 percent of sentinel events. Having structured communication can prevent failures in communication. The use of verbal handoffs has been a tradition in nursing‚ however the use of structured handoffs and has shown to improve communication among registered nurses‚ including in the surgical arena. Furthermore‚ AORN supports a comprehensive surgical checklist from JACHO and WHO. However‚ The Joint Commission
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like to use joint venture as their favorite entry mode due to its unique advantages‚ such as: directly access to the local partner’s knowledge‚ sharing development costs and risks. Meanwhile‚ it is important to figure out the factors that will cause failure of joint venture. Generally‚ 3 major factors: culture difference‚ poor leadership and insufficient planning which are all fatal to the operation of joint venture. Cultural differences have direct influences on international joint venture performance
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July 21‚ 2011 Merit or Mistake In today’s society one of the most important factors in selecting a career field is rate of pay. No matter whether the profession maybe‚ the dollar figure must be within a range that allows the employee to maintain a substantial lifestyle. The debate of teacher pay scales has raged on for years. Many argue that the current pay scale for teachers is a scale which rewards teachers merely for seniority. They argue that the current pay scale overlooks those educators
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Literary Merit. While the process of establishing literary merit is difficult‚ it is the only method currently available to separate work that has significant cultural value from work that is ephemeral and essentially worthless. A work is said to have literary merit if it is a work of quality‚ this is if it has some aesthetic value or some sort of philosophy concerning beauty and art. Literature must provide a reader with historical information and relevance to ones life while using interesting
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Introduction.............................................................................................4 3. Analysis...................................................................................................5 4.1 Illustration of a joint venture..............................................................5 4.2 Company analysis..............................................................................5 4.3 Context analysis..........................................
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new paradigm has been emerged in the present industrial sector where a manufacturing organization uses a single process to produce more than one product. This paradigm adds complexity in the simultaneous production of more than one product from a joint process. Their determination at the cost of such products‚ individually‚ hence posses a difficult task to the cost accountant especially because they are of such varied nature characterized by many varieties. Despite difficulty it is possibly essential
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Upon reading the case study on allocating the merit raises among the professors at Small State University‚ I have decided to use the attribute approach. The attribute approach is defined by Human Resource Management: Gaining a Competitive Advantage as: “ Focusing on the extent to which individuals have certain attributes (characteristics or traits) believed desirable for the company’s success. The techniques that use this approach define a set of traits-such as initiative‚ leadership‚ and competitiveness-
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several different types of rewards or incentive systems to compensate employees. Merit pay is the most frequently used system which rewards teachers with base increases or bonuses for acquiring and demonstrating specific knowledge and skills needed to meet educational goals such as improving student achievement. The million dollar question is‚ does merit pay increase teachers’ performance? Those in favor of merit pay argue that teacher performance should be based on a broad range of factors that
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