PART A – Four Step Process (20 marks) Question (a) 10 marks The legal issue in question was the elements of agreement that are required for the formation of a legal contract. The elements of an agreement that are required for the formation of a legal contract is that it should consist of both offer and acceptance. This being said‚ there are principles that constitute an offer and acceptance. An offer consists of the element of promissory. This means that there must be an undertaking or promise
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Step to planning your dream vacation When planning a vacation‚ several steps must be taken to plan the perfect trip. A person should begin by choosing a destination of their own choice. They may want to pick somewhere they can afford to go. The most important steps is to setup a budget for the trip. They must calculate how much they are willing to spend on their vacation. Picking where to go and doing some research on that they would like to do on their adventure. Patient is crucial to planning
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The Pert Studebaker. Case Study Case Background From 1916 to 1966‚ Studebaker automobiles were manufactured in South Bend Indiana. Vicky Roberts became owner of Roberts’s Auto Sales and Service (RASAS) when she inherited a Studebaker dealership. RASAS is a diversified business that includes three sales and service car dealerships‚ two auto parts stores‚ a large body shop‚ a car painting business and an auto salvage yard. Ms. Roberts is considering expanding the business to include vintage car
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1. Is internationalization an end‚ a consequence or a need for companies? Nowadays‚ common reasons why firms internationalize are that they want to grow‚ to have new employees‚ resources and ideas. Many companies seek international markets for growth as they want to expand their businesses. Probably the most important reason for business internationalization is that many times the company can hire cheaper employees. Some companies go outside to locate the resources that are difficult to keep in
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The lack of planning out a project causes a variety of emotions from confusion and frustration with all members involved‚ the planning process starts at the introduction of the strategic plans for the whole organization. There are three levels of the planning process and these three steps create and implement the strategies for the accomplishment‚ these steps are strategic‚ this process occurs at the highest level of the organization and has a time frame of over five years. The tactical stage time
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shorter. Using PERT or Project Evaluation and Review Technique method‚ we are required to show the solution regarding this case. Program evaluation and review technique (PERT) is a technique adopted by organizations to analyze and represent the activity in a project‚ and to illustrate the flow of events in a project. PERT is a method to evaluate and estimate the time required to complete a task within deadlines. PERT serves as an management tool to analyze‚ define and integrate events. PERT also illustrates
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ENGINERING COLLEGE Department of Mechanical Engineering ME 2027 – Process planning and Cost estimation Final Year Mechanical Engineering Question Bank Part A ( 2 Marks) 1. Define method study 2. Mention the objectives of method study 3. What are the applications of method study 4. Define work measurement 5. Mention the types of process chart 6. What is outline process chart? 7. What is a two handed process chart 8. What is travel chart? 9. What is multi activity
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Introduction In this paper we will discuss the process used in marketing research planning. There are eight steps to take in this process‚ identifying the problem‚ creation of the research design‚ choosing the method of research‚ selection of the sampling procedure‚ collection of data‚ analysis of the data‚ writing and presenting the report‚ and follow up. These steps will insure that the data collected answered the right problem and is useful to the client. Step 1: Identifying the Problem Identifying
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a) Draw the appropriate PERT diagram. b) Find the critical path and project completion time. c) Find the probability that the project will take more than 49 time periods to complete. 3.31 What is the minimum cost of crashing the following project by 4 days? 3.32 Nicholas Glaskowsky‚ director of personnel of Glaskowsky Resources‚ Inc.‚ is in the process of designing a program that his customers can use in the job-finding process. Some of the activities include
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NAVAL WAR COLLEGE Monterey Program INTER-AGENCY COOPERATION WITHIN THE JOINT OPERTION PLANNING PROCESS (Ref: JMO Block-V/JOPP) By Jacob M. Prentiss Lieutenant‚ USN A paper submitted to the Faculty of the Naval War College in partial satisfaction of the requirements of the Department of Joint Maritime Operations. The contents of this paper reflect my own personal views and are not necessarily endorsed by the Naval War College or the Department of the Navy.
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