Contracts – MacDougall 2010-2011 Sara Li FORMATION Offer & Acceptance Offer & Invitation to Treat Mere puffs Invitation to Treat Offer Mere puff: no reasonable person would take it as an offer Can the terms of the K (ie offer) only come from one party? * Battle of the forms - last shot/first blow? (Denning in Butler Machine Tool v Ex-Cell-O Corp) * Strict offer & acceptance is reaffirmed in Gibson v Manchester City Council [1979] - only extreme cases might not
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! Corporate Strategy! E-Retailing Industry Analysis! Business Level Strategy! SWOT Analysis! Strategic Alternatives! Action Plan Began as one of the firstmajor companies to sell goods over the Internet Started as solely as an Online Bookstore Due to success diversified into many other product lines and services Multinational e- commerce company Worlds Largest online Retailer RETAIL NON-RETAIL Books‚ Music & Movies! ! Referrals/Commission! Consumer Electronics! Computer & Office
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competition with a smaller margin. Dell’s focus was to acquire as many new customers as possible‚ which in turn allowed them to negotiate even lower prices from their component suppliers‚ and through economies of scale‚ reduce costs even further. This strategy was extremely successful‚ shown in Figure 1 Dell sales numbers and income rapidly increased through most of the 1990’s. Figure 1 http://finance.yahoo.com/echarts?s=DELL+Interactive#chart5:symbol=dell;range=19880901‚19991201;indicator=volume;chartt
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Note [Online]. Available at student.kingston.ac.uk/C2/E-Resources/default.aspx Accessed on 10/11/09. Kumar‚ N. (2006)‚ Strategies to fight low-cost rivals‚ “Harvard Business Review”‚ Volume 84(12)‚ pp. 104-111. EBSCOhost [Online] Available at : http://web.ebscohost.com/ehost/pdf?vid=2&hid=6&sid=e913bce9-341a-4a26-8bcc-34b4d765b944%40sessionmgr14 Porter‚ M (1980)‚ Competitive Strategy: techniques for analyzing industries and competitors. New York: Free Press Porter‚ M (1998)‚ The competitive advantage
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15% of the total global market‚ thereby creating medium concentration. In addition‚ cost conditions‚ excess capacity and exit barriers‚ and product differentiation were also medium. Although there was high diversity among competitors‚ Swatch’s strategy of differentiation‚ complemented with the other industry factors‚ allowed them to enter the industry and profit. Although there were barriers to entry and a high threat of substitute products‚ Swatch was able to forgo the barriers and create a
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MBA (2010) “SWOT Analysis” Available at: http://www.netmba.com/strategy/swot/ (Accessed: 7 December 2010) 6. Quick MBA (2010) “SWOT Analysis” Available at: http://www.quickmba.com/strategy/swot/ (Accessed: 7 December 2010) 7. Quick MBA (2010) “Porter’s Five Forces” Available at: http://www.quickmba.com/strategy/porter.shtml (Accessed: 4 December 2010) 8. Quick MBA (2010) “PEST Analysis” Available at: http://www.quickmba.com/strategy/pest/ (Accessed: 20 December 2010) 9. Time Warner (2010) “Political
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assets of Williams & Sons‚ Inc a Seattle Jeweller including a website established by that business. In June 1999‚ they changed their name to Internet Diamonds‚ Inc. In November 1999 the Blue Nile brand was launched and changed to Blue Nile‚ Inc with corporate head office located in Seattle‚ Washington USA. Blue Nile.com (2008) The Blue Nile “business has grown considerably where for the 2007 fiscal year they reported revenue of $319 million (USD)‚ an increase of 23.8% compared to 2006 fiscal year result
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Corporate Strategy and Decision Making Lecture 3: Rational and Administrative Models of Decision The rational decision model Under the rational model of decision making‚ the assumption is made that participants have agreed in advance that making a decision is the right process to follow and that the rules and language of decision making are understood by all. The rational model aims at making optimal decisions on the basis of a careful evaluation of alternative courses of action. Depending on
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BUSINESS-LEVEL STRATEGY By Alan S. Gutterman 1 Abstract Growth is a key goal and objective for emerging companies and management must carefully determine the best way to combine the core competencies within a firm’s functional departments to provide the firm with the best opportunity for achieving and sustaining a competitive advantage in its chosen environment. This report focuses on the process of setting business level-strategy‚ which includes (1) selecting the domain(s) in which
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Inconsistent acquisition target: The leadership at Newell knew that its growth strategy would require big acquisition as the growth prospects offered by purely organic growth from its existing products were very limited. Newell was a veteran buyer. During the last 30 years‚ Newell had built enormous value for its stakeholders by pursuing a strategy of inorganic growth by acquiring large number of companies like Shaprie pens‚ Holson Burnes‚ Intercraft etc. Although acquisitions in the past had been
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