of a long-term debt financing option‚ in this case‚ is the attractive rate of interest Metropolitan Life is willing to offer. However‚ their offer comes with some conditions: An upfront free of 200‚000 common shares is required. In terms of operations‚ the capital budget would not be able to exceed the forecasted budget. No acquisitions could be made without the approval of Metropolitan Life. No change could be made to the current compensation packages of the firm’s executives until 50% of
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The Use of Second Life in Business Abstract Second Life and other virtual worlds like it are quickly becoming one more in an arsenal of mainstream applications that business are using to gain an edge on their competitors. However‚ since virtual worlds are still in the infancy stage‚ the ways that companies can best use them to further their goals is still under development. This paper takes a look at how businesses are using virtual worlds in the areas of brand and service expansion‚ virtual human
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What is Second Life? Virtual Second life Benefits in Shell. Second Life is an online 3D virtual world‚ established by Linden Lab from California it was launched on June 23‚ 2003. Over the years Second Life has over 1.5 million users. Anyone can visit and login free to Second Life and create their personas (avatar). Second Life gives companies options to create virtual workplaces to allow employees to virtually meet‚ hold an event‚ practice any kind of communications‚ conduct training in 3D virtual
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maximize corporate profit. In the words of Milton Freidman‚ “The social responsibility of a business is to increase its profits”. The past few decades have given rise to the globalization of the apparel industry. With this globalization the competition has intensified‚ necessitating the leading apparel firms to develop extensive global sourcing capabilities. In order to comply with their fiduciary responsibility‚ current managers at these companies are faced with the challenge of developing and
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The following voice project will discuss second generation Vietnamese Americans struggling with cultural expectations. In this assignment‚ I will discuss an advocacy initiative for this specific population. Immigration status is one of the many issues this specific population may face. It continues to be a politically divisive issue. Lack of American citizenship brings other issues like access to health care. Many individuals are against illegal immigrants having access to health care as well other
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Unit 13 Essay | American Students‚ Second Languages | CP-150 | Janet Petty 5/25/2012 | American Students should be required to learn a second language to help them compete in today’s market place. The United States Census Bureau estimates that the world population exceeded 7 billion on March 12‚ 2012. (Wikipedia) According to the United States Department of Education‚ as of 2006 less than 1% of American high school students combined studied Arabic‚ Chinese‚ Japanese‚ Korean‚ Russian
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American Apparel: Vertically Integrated in Downtown L.A. American Apparel is a clothing manufacturer in the United States. The company is vertically integrated clothing manufacturer‚ wholesaler‚ and retailer who also perform its own design‚ advertising‚ and marketing. American Apparel was founded in 1997‚ by Canadian Dov Charney (Grant‚ 2010). Dov had a fascination with American culture and the T-shirts. He started to experiment with screen printing‚ importing and other parts related to the
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1. Enter the Second Life site (secondlife.com) and identify EC activities there. In second life virtual world‚ user creating a citizen inside the virtual world‚ they can be a business creator or a buyer; they can provide goods for sell‚ exchange information via the second life virtual world. 2. Which types of transactions are observable at the site? Inside second life we can find B2C‚ B2B transactions. Second life using virtual money call L$‚ user pay L$ to buy land or item‚ when seller collected
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the end of each case study. 1. How can Second Life provide value to businesses that use it? Second Life can be a birthing ground for new industries and transform business‚ commerce‚ marketing and learning the same way that the Web did in the late twentieth and early twenty-first centuries. It also can facilitate internal communications and to position themselves at the forefront of the digital landscape in order to recruit tech-savvy employees. Second Life is a low-cost business tool and also a
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Is Second Life Ready for Business? 1. How can Second Life provide value to businesses that use it? Second Life can provide value to businesses in four ways: by offering support to essential business functions‚ offering a low-cost platform to conduct meetings of workers and customers‚ increasing brand image‚ and as a recruiting platform for new employees. The program can offer support to important business functions like customer service‚ product development‚ training and marketing. For all these
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