9. Yes‚ Suzy and Fred have a valid contract. Fred provided an offer to Suzy and Suzy accepted it through phone call in words. However‚ there is one concern for Suzy in this contract. By the time the contract is effective‚ Fred is‚ under 18 years old‚ a minor. If Fred is not married and nor emancipated either‚ he has the legal right to void the contract without being treated as breaching duty. 10. a. Suzy and Wally have a unilateral contract. Suzy made a promise to pay $10‚000 in exchange for Wally
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Affirmative Action Policies Should be Implemented Affirmative action policies should be implemented to improve to help propel the company forward. Affirmative action can be a useful tool to help create diversity in the workplace. Implementing affirmative action policies will encourage growth in the company because we will be able to effectively select and hire people‚ not on the basis of race but on actual qualifications that make a person suitable for a position in the company. Affirmative action policies
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Ikea Company Structure IKEA company structure is based on a series of groups and partnerships that devise amongst themselves the running of IKEA. Since 1984 IKEA GROUP is owned by a not-for-profit foundation based on the Netherlands called ‘Stichting INGKA Foundation’ founded by Ingvar Kamprad in 1982. This foundation is also owner of ‘INGKA Holding B.V’ which is a parent company for the IKEA GROUP. This company runs most of the operations for IKEA Group such as management of the majority of its
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IKEA Case Study Question 1 Investigate IKEA ’s business model and sources of competitive advantage as depicted in the case. Why do you think it has been so sucsessfull in the fragmentated fuurniture industry? What do you concider to be IKEA ’s main weaknesses? To answer question one I will split the question into three parts. Begining by investigating IKEA ’s business model and sources of competitive advantage. Then goin on to adress why it has been so sucsessfull in the fragmented furniture
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the strategy analysis stage‚ a firm‚ in this assignment IKEA will identify and evaluate its external and internal environment. External environment can be further divided into general environment and also the competitive environment. The use of several tools such as PESTEL analysis‚ Porter’s five forces‚ Value chain analysis‚ SWOT analysis is essential to assist IKEA to identify the firm operating environment. At strategy formulation stage‚ IKEA focus on to attain and sustain a competitive advantage
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Chapter THIRTEEN Export and Import Strategies Objectives • To introduce the ideas of export and import • To identify the elements of export and exporting strategies • To compare direct and indirect selling of exporting • To identify the elements of import and import strategies • To discuss the types and roles of third-party intermediaries in exporting • To discuss the role of countertrade in international business Chapter Overview The first part of Chapter Thirteen is devoted to
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Summary…………………………………………………2 1.0 Introduction……………………………………………………..3 2.0 Export Readiness………………………………………………..3 2.1 Competitive Advantages………………………………………………….3 2.2 Suitable and Adequate Resources………………………………………..4 2.3 Clear Strategy and Commitment…………………………………………5 3.0 Export potential to the international market………………....6 3.1 Economic and trade identify……………………………………………..6 3.2 Market Demand and Potential…………………………………………..6 4.0 Export planning guidelines…………………………………....8 4.1 Entry strategy……………………………………………………………
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Huber‚ James Mr. Shipp English 2‚ Block 4 9-19-2024. Accountability Should people be held accountable for their actions? This is a question that people have debated and disagreed on. But the fact is‚ people should be held accountable for their actions. People putting themselves in harm’s way and needing people to get them out is their own fault and should have to pay some type of reparations for search and rescue operations if needed. One example is the story of the boy who swam through the cave
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Sales Rebate Contracts in Fashion Supply Chains1 Chun-Hung CHIUa‚ Tsan-Ming CHOIb‚2‚ Ho-Ting YEUNGb‚ Yingxue ZHAOc a b Sun Yat-Sen Business School‚ Sun Yat-Sen University‚ China. Institute of Textiles and Clothing‚ The Hong Kong Polytechnic University‚ Hung Hom‚ Kowloon‚ Hong Kong c School of International Trade and Economics‚ University of International Business and Economics‚ Beijing 100029‚ P. R. China. First version: July 26‚ 2012; revised: August 31‚ 2012. A paper prepared
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IKEA Case Write-Up Q1-Q4 (1) What are IKEA’s competitive priorities? IKEA’s competitive priorities are to supply quality home furnishings at a low price without making the customer feel cheap. IKEA keeps its offerings less expensive by driving down costs associated with production and shipping by introducing new efficiencies into the process‚ in other words superb execution of supply chain management. (2) Describe IKEA’s process for developing a new product. IKEA’s process for developing
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