foreseeable by promisor. Subcontractor’s Bids Generally‚ courts treat the subcontractor’s bid as temporarily irrevocable‚ since the general contractor foreseeably and reasonably relied on the subcontractor bids when he submitted his overall bid‚ and would suffer a loss or reduced profit if the subcontractor was allowed to revoke his bid. Promises to Make Gifts Generally promises to give a gift are not enforceable. However if the promisee relies on the promise to his detriment P. E. doctrine
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never hired outside subcontractors to maintain the planes because they were harder to monitor. For the planes themselves‚ Shuttle America purchased cheaper planes than the regular jet planes which bigger airways companies used. As a whole‚ we think Schriber‚ Aretakis‚ and Hackett did a good job in starting Shuttle America for middle-class people of the United States. 2. Perform a SWOT analysis for Shuttle America. a. Strengths * No outside subcontractors to maintain planes
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in 1965. The executive order is enforced by the Office of Federal Contract Compliance Programs (OFCCP) with-in the United States Department of Labor. The order prohibits federal contractors and federally-assisted construction contractors and subcontractors‚ who perform over $10‚000.00 in Government business in a one year period from discriminating in employment decisions based on race‚ color‚ religion‚ sex‚ or national
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expected volume‚ the accounting department has developed the following costs per pair of skis and bindings: Table 1 Cost per Pair of Skis and Bindings Minnetonka has approached a subcontractor to discuss the possibility of purchasing the bindings. The purchase price of the bindings from the subcontractor would be $5.25 per binding‚ or $10.50 per pair. If the Minnetonka Corporation accepts the purchase proposal‚ it is predicted that direct-labor and variable-overhead costs would be reduced
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is that labor costs are sometimes lower there‚ especially in China. Moreover‚ Chinese subcontractors are able to respond very quickly to requests from Apple and it is much easier to hire engineers over there than in the United States. Besides‚ many factories in China provide components for the iPhone‚ that is near‚ which takes fewer time. On the other hand a potential risk for Apple could be that the subcontractors could use the information they have about the parts they make for Apple. They could
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for its particular products. * Finances and Risk Reduction * Outsourcing allows Nike to skirt some of the financial obligations it might face with the confines of tax laws in the United States. In addition‚ when it outsources to subcontractors‚ Nike assumes less risk associated with producing its product such as insurance liability. Sport goods producer companies have two options for manufacturing their products. They can own and operate the factories‚ or look for the ways of outsourcing
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CONSTRUCTION PROCUREMENT BEST PRACTICE GUIDELINE #C2 Construction Industry Development Board Pretoria Tel: 012 343 7136 or 012 481 9030 Fax: 012 343 7153 E-mail: cidb@cidb.org.za 1. Choosing an appropriate form of contract for engineering and construction works September 2005 Second edition of CIDB document 1010 Background The Green Paper on Creating an Enabling Environment for Reconstruction‚ Growth and Development in the Construction Industry has a vision for a construction
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the market for the resources it uses and thus subcontractors have the power to can raise prices. Thus‚ the level of competition within the industry‚ plays a major part of PIE‚ as the value of the resources is essential subtracted from the value customers get out of the company’s product or service. The buyer and supplier power within the industry also plays a large role in determining PIE. As already determined‚ the power of suppliers; subcontractors‚ drives up the price of resources‚ which has
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The most common type of logical sequencing between tasks is referred to as the: A) finish to start relationship B) finish to finish relationship. C) start to start relationship. D) start to finish relationship. 2) An activity performed by a subcontractor is scheduled for 20 weeks at an anticipated cost of $100‚000. Due to
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Zara also boasts impressive financial figures. Profits at Inditex SA‚ the owner of the Zara retail chain‚ have jumped 64% in the first quarter of 2010‚ while the company’s stock has risen 43% in the past 12 months. Zara‚ now present in 77 countries‚ also recently launched online operations in 85 countries encouraged by the two million people who have downloaded Zara’s smartphone application in the first six months after its launch (Bjork 2010). 5 flexibility princeples on which zara
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