MIND MAP 3. Formation of a contract A legally enforceable contract must have 3 elements: 1. Agreement 2. Intention to be legally bound 3. Deed or consideration State clearly: What is being bought/sold? Price payable? Was there an OFFER and ACCEPTANCE? NOTE: Offer + Acceptance = Agreement Judged objectively reasonable person test What sort of agreement is it? Domestic not binding Commercial binding NOTE: Presumptions are rebuttable. Is
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executives can predict the outcome based on predilections of consumers‚ and the price of oil. Whereas‚ Film producers have to theorize about what audiences want to watch during the summer. Will they want science fiction‚ action‚ or drama? Will the blockbuster economics of “The Amazing Spider Man‚” eclipse the modest revenue of Man in black 3? It’s uncertain. In contrast to other industries‚ forecasting for Hollywood is not that simple. For example‚ if “The Hunger Games” was a big hit it could be attributable
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Strategic planning relates to leadership through your willingness to adapt and change your way of thinking as well as being honest with your plan thereby being realistic. For a successful technology‚ reality must take precedence over public relations‚ for nature cannot be fooled (Feynman‚ 1986). Strategic planning relates to both your personal and professional way of life. For instance‚ you plan to have a family‚ your financial budget‚ determining necessities vs. luxuries. When you deviate from a
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20101233 20054057 Assignment Title : The LEGO Group: working with strategy. Date : 03 March 2012 Programme : BTECH-MANAGEMENT IV Question 1 Explain how the development of strategy at the LEGO Group reflect the key characteristics of strategic management outlined in section 1.2 and in the model in Figure 1.4? “Strategy is the long-term direction of an organization” (Johnson‚ Whittington and Scholes‚ 2011‚ p.3). The LEGO Group started with the manufacture of stepladders‚ ironing
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1) What is Blockbuster’s amortization timetable? Do you think it is appropriate? The Blockbuster’s amortization timetable is 40 years. I think this is not appropriate because it is not the industry standard and should be 5-7 years. 2) What would be the impact on Blockbuster’s 1988 earnings per share if 5 year amortization were applied to this goodwill? This will actually make the company to experience large amount of goodwill and thus their tax liability will increase. 3) What would have been the
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and competencies with the aim of fulfilling stakeholder expectations. Strategy is therefore the long term direction of an organisation. Strategic Management can be defined as the art and science of formulating‚ implementing‚ and evaluating cross-functional decisions that enable an organisation to achieve its objectives (David 1999‚ p. 9). Strategic management therefore focuses on the activities of the organisation that contribute to the achievement of organisational success. These activities
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Perceptual Maps Marketing Simulation xxxx MKT/421 July 24‚ 2013 Do. Smith Thorr Motorcycles: Perceptual Maps Marketing Simulation Producing more than 200‚000 motorcycles a year‚ Thorr Motorcycles‚ Inc. is a successful manufacturing company. Thorr also offers services such as dealer training‚ packaged software‚ rider training‚ and rentals. Thorr’s holds a highly respected brand image‚ and holds 40% of the market. CruiserThorr has an image of “masculinity‚ mobility‚ and freedom.” Thorr
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downfall of Netflix. It shows the several problems faced by the company within their microenvironment. The problems are : * Announcement – the members did not like the way the CEO Reed Hastings announced the new plan of splitting the dvd rental business from the online streaming business and the increase in price. They thought it was harsh and the email did not clearly explain as to why they were increasing the price.The members were outraged at this and discussed about cancelling their Netflix subscription
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Matrix Monomyth Mapping Ordinary World – Agents‚ Secret services‚ FBI‚ police‚ girl‚ office with guy jamming‚ Thomas (neo) Anderson in apartment building living alone and surviving off of petty illegal jobs‚ has trouble with the authority‚ works in a high status job building‚ has own desk/office‚ lives two lives (one respectable in a soft way company) other (online world as a hacker) Call to Adventure – “follow the white rabbit” computer “matrix” willing him to go on‚ trial one‚ was told
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Story Mapping “Hachi: A Dog’s Tale” Introduction: In the modern day‚ a class full of young students are giving oral presentations about personal heroes. A boy named Ronnie stands up and begins to tell of ’Hachiko’‚ his grandfather’s dog. Years before‚ an Akita puppy is sent from Japan to the United States‚ but his cage falls off the baggage cart at an American train station‚ where he is found by college professor Parker Wilson. Parker is instantly captivated by the dog. When Carl‚
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