Weeks before Christmas 1993‚ retailer Merry-Go-Round Enterprises Inc. was in trouble. Its stores catering to teenagers were eerily empty‚ thanks to an ill-timed bet on bell-bottom trousers and oversized hip-hop clothes. As losses piled up and suppliers threatened to bolt‚ the company turned to a newly hired law firm to find turnaround experts who could save it. The lawyers’ recommendation: Bring in consultants from Ernst & Young. To worried creditors‚ the solution for Merry-Go-Round was obvious:
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Case Jonathan‚ a moneylender makes a loan of $1‚000 to Sheba on Sheba’s representation that she is 19 years old. Sheba is in fact 17 years old. She enrolled for diploma course with a private college for $500‚ spent $200 on a holiday‚ and the balance of $300 on a mini hi-fi set. She now refuses to pay Jonathan. In this case‚ we are acting for Jonathan (plaintiff). Jonathan sues Sheba (defendant) because of free consent and capacity. Free consent that we talk is about misrepresentation whereas capacity
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Second Regular Session REPUBLIC ACT NO. 9178 AN ACT TO PROMOTE THE ESTABLISHMENT OF BARANGAY MICRO BUSINESS ENTERPRISES (BMBEs)‚ PROVIDING INCENTIVES AND BENEFITS THEREFOR‚ AND FOR OTHER PURPOSES Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: PRELIMINARY PROVISIONS SEC. 1. Short Title. – This Act shall be known as the “Barangay Micro Business Enterprises (BMBEs) Act of 2002”. SEC. 2. Declaration of Policy. - It is hereby declared to be the policy of
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Business Ethics Case Study 1. Benji Watson is the type of individual corporations everywhere would be proud to have on their team. New Gen Health Sciences is not his only choice‚ and I do not believe it would be a wise choice for Benji. The mere fact the Benji is a Liberty University graduate tells New Gen that he values honesty‚ has strong moral principles and prefers to be ethical in his
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Arailym 1) What is an enterprise? What is the role of the enterprise? Discuss with examples. An enterprise is an activity or a project that produces services or products. There are essentially two types of enterprise: * Business enterprises‚ which are run to make a profit for a private individual or group of individuals. This includes small business. * Social enterprises‚ which function to provide services to individuals and groups in the community. Business enterprises There are lots of
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ENTERPRISE DEVELOPMENT BADM 612 – MIDTERM STUDY GUIDE (Chapters 1-4) Note: There will be four chapters on the midterm exam‚ so “please” read all four chapters in detail‚ because the questions will challenge you to “think”. Study the information that I have listed below. Please bring a number two pencil for the exam. It will be a scantron test. CHAPTER ONE • Who is Ewing Kauffman? • Entrepreneurial opportunities are those situations in which new goods‚ services‚ raw materials and organizing
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“The Burton Way” | Case Study: Burton Snowboards | | | | | | Jake Burton Hometown: Burlington‚ Vermont Key External Environmental Conditions that Influence Burton Snowboards Social Environment Burton has used the social environment to embody the values and attitudes of snowboarders world-wide. Burton has made snowboarding a way of life. While people were talking about the boards Burton created‚ the company concentrated on making the sport of snowboarding great and recognized by all. Burton
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of an Enterprise-Level Business System Leon Kilpatrick Assessment of an Enterprise-Level Business System This paper addresses relevant considerations for the assessment of an enterprise-level business system and starts with a discussion of which information-gathering methods can be used in analyzing the requirements for such a system. This is followed by a synopsis of business process mapping methods that should be used in analysis activities along with a discussion of which business process
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Direct Costs - Legal and administrative - Empirically costs on avrg are about 3% of value of firm when in bankruptcy >Prob of bankruptcy= 5%‚ expected costs= (.05)*(3%)= .15% Indirect Costs - Impaired ability to do business >Loss of customers‚ unable to fund business >Estimate of costs 8-20% - Agency costs >Stockholders control firm and are “agents” for bondholders >When firm is in distress‚ stockholders may make decisions that do not maximize
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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724 [pic] SUBJECT: BUSINESS ENVIRONMENT (MARKS : 80) GROUP A: CASE 1 Q1) Imagine that you are in-charge of a major chemical plant‚ manufacturing points. At present‚ the general awareness about the mandatory requirements for chemical industry is very low. Even if the compliance
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