1) Letter of Intent is considered to be a discussion sheet and not a written contract where the companies are totally bond to complete the written acts. So considering the same‚ if the deal falls through‚ either of the company has to be bounded unless and until specified in the non-disclosure agreement. Letter of Intent is occasionally considered as the fact of bonding among the parties if LOI closely resembles a formal contract. LOI shorts with what do to when the deal among the parties doesn’t
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Tour Operator Roles: Mass market tour operators put together holiday packages and sell huge numbers of holidays for the customer. They also arrange transport‚ accommodation‚ activities and any extra services that might be needed. They need to understand the tourism industry really well; know which are the most affordable routes and modes of transport‚ where tourists get most of the adventure and what services can be offered for free. They must understand operations of related companies and how they
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merchandise can be transported to other countries because they are transferred by flights. In contrast‚ trains are still available but there were less speed when they are compared with sky train or subway. People can only transport imported merchandises through ships. Transport by ships took long time and sometimes merchandises were broken. People’s lifestyle is the final difference between the present and the past‚ people usually work in the office which is located on downtown and central business
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CON’S) Petroleum has brought great benefits to human civilization; quality of life and dynamic prosperity is caused by this precious resource. It is the lifeline of modern civilization. It is the source of energy for agricultural‚ industrial and transport sectors and sustains essential industries moving. Petroleum currently provides 90 per cent of energy used for transportation‚ and while its benefits are astounding‚ the use of petroleum-based technologies also has cost (disadvantage). The environmental
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services like Warehousing‚ Stevedoring‚ Custom Broking‚ Forwarding‚ Project Cargo Handling‚ NVOCC‚ 3PL logistics and Export/Import consolidation. Today‚ IGL has established offices in major cities and ports in India with warehousing facilities and transport equipment to handle any cargo independently. The company also has access to major international ports through its branch offices. Continuing with its tradition of growth and excellence‚ IGL acquired freight forwarding NVOCC Company in May 2000‚
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CONTRIBUTION-SOCIALLY The impact of the air transport industry is not just a result of the economic activity it generates or facilitates. Air transport also contributes to people’s quality of life in a number of other ways that are not captured in standard economic indicators: for example‚ by contributing to sustainable development‚ supporting remote communities and widening consumer choice. Air Asia contributes to sustainable development It makes a major contribution to sustainable development
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PESTLE analysis * Political factors There are several aspects that should be taken into the consideration. The overall economic situation in the world and in specific regions can take a significant role in a political decision making in any country. For example‚ the economic downfall in Greece and Spain might influence policies of other European countries which might take new restrictions. The tax policy is another important factor in this context. In Europe the average standard VAT rate is
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of earing their living. One of the most affected fraternities is transport services. Whenever a bandh or hartal is announced by terrorists or terrorists supporting fundamentalists‚ it affects them severely. If they dare to run their business‚ they end up damaging their vehicles. Tourists transport business is also affected badly. When the terrorism is on the rise‚ people shy away from coming to Kashmir for tourism. Again‚ transport services feel the pinch. Classical example of this is 2010 agitation
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two vehicles for its own transportation. Consider this situation in its global dimension‚ creating many environmental‚ health and economical issues. But that can be reduced to the lowest possible level‚ if every single person starts using public transport or shares a lift witha neighbor. In doing so‚ traffic congestion‚ noise pollution and exhaust fumes will no longer be an obstacle to the quality of our lives. A further problem that needs to be seriously considered is the garbage dump situated not
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Introduction Self- driving cars use to be a farfetched idea but now that they are here‚ so what does this mean for society as we know it? Will it be the next big thing for transportation or just a fad that will come and go? 11 minor crashes have been caused by Google’s driverless cars. So the question that remains is when will the autonomous vehicles be ready (Ghose‚ 2015). Shladover‚ a researcher at the Partners for Advanced Transportation Technology at the University of California‚ Berkeley‚ stated
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