Provide a brief description of the business‚ state why you consider it to be “Entrepreneurial”; explain how the business creates value through the identification and exploitation of new products‚ processes and/or markets. Medsaic Pty Ltd is an Australian biotechnology company that is a good example of a successful start up entrepreneurial business. Founded in 2003‚ as a spin-off company from the University of Sydney‚ it was established to commercialize patented intellectual property covering the
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discuss the case study. I hope everyone have already done it. The main issue of the case study is that Chu has been the New South Wales (NSW) Operations Manager for Computers Pty Ltd. Due to Chu’s senior position knows the identity and requirements of the company’s major clients. In March 2007‚ Chu decides to retire and agrees to not compete against the company in NSW for two years. However in April 2007‚ Systems Pty Ltd actively solicits business from the customers of Computers Pty Ltd in NSW and
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FACTS OF THE CASE Southern Fairway Investments Pty. Ltd.‚ and Jakabar Pty Ltd (second defendant‚ and it being a wholly subsidiary company from the First Defendant) performed a Memorandum of Understanding or “MOU”. The MOU was executed in the way of a “deed” on the 12 of June 2008 where the parties would “use reasonable endeavours to negotiate by 30 august 2008 (and in any event no later than 30 October 2008) a Gas Supply Agreement” with the purpose to end of entering into a GSA (Gas Supply Agreement)
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Case study on Pastizzi café Pty Ltd v Hossain (No 4) NSWSC 808 (28 July 2011) There are some Certain legal issues which are critically involved in this case the decision regarding this case usually came from the supreme court of new south wales. 1. It has been observed that there has been contravention of non observance by the offender by discarding the prosecutor out from the building regarding the profit and loss account and goodwill of the company. 2. It has been observed that the
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Winch-It Industries Pty. Ltd. Board Report Sarah Ahmed Tutor: Suzanne Fawcus Date Due: May 6‚ 2011 Executive Summary As the board have agreed to go international‚ there are many International Human Resource Management aspects to be taken into consideration before Winch-it Pty. Ltd expands their business. There are several areas of interest to be analysed that requires specific attention to assist in commencing an international
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The courts enforce a liquidated damages clause even if the final result of a case seem to be not fair for any of the parties. This is because of the set out they have agreed on in a contract. However‚ the courts will not enforce a bargain that leads to a penalty. The liability of proving that a clause is a penalty is dependent on the person trying to deny the liquidated damages application. Therefore‚ there are indicators and teste for a penalty in law. The test for penalty is known as the Dunlop
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Case study6.2 Aroma Australia Pty Ltd goes to Japan Overview of case study Aroma Australia Pty Ltd is a successful company which performed very well in instant coffee industry. To prepare for a move into Japanese market‚ Ken Ishiguro who is the marketing manager of Aroma did amount of marketing researches on the instant coffee in Japan. Originally he came to the conclusion that it would be difficult for Aroma to enter Japanese market‚ due to the culture difference between Japanese and western
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For the case of Sopov v Kane Constructions Pty Ltd (No 2) [2009]‚ the appellant engaged the respondent as contractor in a construction project. The appellant repudiated the contract by wrongly calling on the respondent’s bank guarantee‚ in response to which the respondent terminated the contract and claimed damages for quantum meruit. The Court of Appeal applied the NSW Court of Appeal decision in Renard Constructions (ME) Pty Ltd v Minister for Public Works (1992) 26 NSWLR 234 which provided that
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CASE NOTE Gammasonics Institute for Medical Research Pty Ltd v Comrad Medical Systems Pty Ltd [2010] NSWSC 267 New South Wales Supreme Court‚ heard by Fullerton J Gammasonic v Comrad[1] demonstrates the reluctance of the courts to interpret the Sale of Goods Act to include software downloads as a “good”‚ preferring to leave the matter up to statutory review. It primarily discusses whether a software package delivered by online download is effectively classed as “goods" for application of
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Billabong Financial Review Review of Billabong Financial information for 2005-2008 Note: tables are shown in $’000s (excluding $ values expressed with decimal places) Note: revenue is expressed and revenue from the sale of goods. Question 1 – Revenue and Revenue Margin 2005 2006 2007 2008 Total Revenue $ (From the sale of goods) $840‚701 $1‚018‚227 $1‚222‚911 $1‚347‚618 % Change from previous year 24.60% 21.12% 20.10% 10.20% % Change from base year (2004) 24.60% 50.91% 81.24% 99.73%
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