Chapter 9 Answers: 1. Consideration consists of mutual exchange of gains and losses between contracting parties. In the exchange‚ a gain by the offer is at the same time a loss to the offeror. The legal term used to designate the gain that each party experiences is that party ’s legal benefit. Consideration has three characteristics 1) The agreement must involve a bargained-for exchange; 2)the contract must involve adequate consideration; and 3) the benefits and detriments promised must themselves
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Starbucks: Delivering Customer Service 1. Key Problems that needs to be addressed by the company are: * The complexity of the barista’s job to prepare customized beverages has been increasing considerably which is affecting the service time. This might have led to reduction in customer satisfaction which could affect the company’s brand image and revenues. * The company did not have an individual department for Marketing Strategies. This kind of structure overburdened the senior executives
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Homework 1 According to Wayt (2008) The main role of a teacher is to have a good way of communication level with its students which will encourage them to speak up in lessons and voice opinion. I agree with this as if a student feels comfortable in a classroom then he is more likely to voice an opinion during a lesson. Reference List Wayt‚ S (2008) Describe what your role‚ responsibilities and boundaries would be as a teacher in terms of the teaching/training cycle‚ http://www.holistichealthandwellbeing
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China: To Float or Not To Float? International Finance Executive Summary On July 21‚ 2005‚ China revalued its decade-long quasi-fixed exchange rate of approximately 8.28 yuan per U.S. dollar by 2.1% to 8.11. Simultaneously‚ the People’s Bank of China announced that the daily trading band of 0.3% against the dollar would be maintained. Many analysts and economists believed that the real trade-weighted value of the renminbi was undervalued by up to 30% to 35%. Companies that produce in
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Customer benefits HAP has customers come to them in seek of financial help. Specialising in superannuation‚ HAP assists customers in ensuring they have the best return on their investment. The value that Graeme delivers is the extend post sales service. In the interview he stated that he goes above and beyond in ensuring that the customer has full satisfaction post sales. He provides updates to his clients monthly. Quite often the clients that come to visit Graeme and HAP are unaware about how
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The European sovereign debt crisis (often referred to as the Eurozone crisis) is an ongoing financial crisis that has made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. In 1992‚ members of the European Union signed the Maastricht Treaty‚ under which they pledged to limit their deficit spending and debt levels. However‚ in the early 2000s‚ a number of EU member states were failing to stay within
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licensing decisions • macro factors affecting the company - japan holding increasing share of the market in the 90s‚ potential competition? german/dutch markets? australia? financial situation of the french company... • seeing the potential in europe alex took out a european patent - costs $30000 • licensing agreement - mctaggart - new foreign customer • reasons for licensing for mctaggart- already a demand for the product - cant build the market in scotland on the basis of shipments - expensive
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Brian Rivera February 13‚ 2012 BMGT 364 Why does the Varsity team lose to the JV team? There were many reasons why the Varsity team began losing to the JV team. It initially started when Coach P. finalized the teams‚ and soon raced against one another. In their first exhibition run‚ as expected the Varsity prevailed‚ but there were a few members of the varsity team that were not satisfied with the win. Rather than brainstorming ways they could do to improve as team‚ they were very egotistic
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Life for a woman in the middle ages was an endless pregnancy- the lady of our manor is always lying in bed with her swollen abdomen making a strange bulging lump under the covers. My two older sisters are both expecting their third children. I am to be married soon. My parents are choosing the right suitor for me to spend the rest of my life with. It is my duty to marry whom they choose with no complaints otherwise I will be punished‚ flogged skin always attracts the flies in summer. I hope it will
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BUSINESS PROPOSAL BF Resort is one of the biggest villages in Las Pinas‚ with an approximate land area size of 600 hectares. There are four entry gates leading to BF Resort Village. These are: BF Resort Drive gate (coming from Cecille’s Restaurant)‚ Lalaine Bennet gate (coming from Citimotors/Sta. Cecilia Village)‚ Onelia Jose gate (coming from Philamlife Village)‚ and Capitoline Hills gate (coming from Moonwalk Village). (source: http://bfresortvillage.com/?page_id=550) Business establishments
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