of this contract‚ Burnham is merchant for purposes of the UCC. A merchant is‚ “is a person who deals in goods of the kind involved in the sales contract. Thus‚ a retailer‚ a wholesaler‚ or a manufacturer is a merchant of those goods sold in the business” (Miller pg. 305). A major cause of issue in his circumstance is a lack of clarity in the contract regarding risk of loss and when that risk passed from us (the seller) to Megalo (The buyer). Because these terms were not made clear before loss was
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Rural Entrepreneurship for Women: A Case for Wealth Creation by Africa’s Rural Poor amidst Global Financial and Economic Crises K M Baharul Islam1 Introduction: The growing emphasis on rural small and medium size entrepreneurship for economic development‚ especially in the context of poverty alleviation in developing countries has thrown up some major challenges for the commercial ventures led by women in global perspective. The position of women‚ even in the developing world‚ has been far from
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Business Strategy Case Study on Nike Inc. Strategic Capability – Resources & Capabilities – Understanding The Concept Of Core Competence Page 1 Introduction & Mission MISSION: TO BRING INSPIRATION AND INNOVATION TO EVERY ATHLETE* IN THE WORLD * “IF YOU HAVE A BODY‚ YOU ARE AN ATHLETE” • NIKE‚ Inc.‚ based in USA‚ is the world’s leading innovator in athletic footwear‚ apparel‚ equipment and accessories. • Originally known as Blue Ribbon Sports (BRS)‚ it started with an idea
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Discuss the relationship between entrepreneurship‚ innovation and economic development. What roles do creativity and problem solving play in this relationship? Refer to both theory and examples from the business world to support your case. It seems inevitable that there will be a strong link between entrepreneurship‚ innovation and economic development and that creativity and problem solving play a key part in this. It is important‚ however‚ to first have a better understanding of the definition
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Agile Business Suite is integrated into the Microsoft Visual Studio environment and leverages the features of Visual Studio to provide a highly productive development environment. It is based on high-level specification of the business model‚ capability to deploy complete applications‚ and the flexibility to easily adapt the model. It helps in evolving business needs and changes in user environments. Agile Business Suite allows you to build business solutions that include both Agile Business Suite
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1) Financial management deals with 2 things‚ managing a company’s finances and: RAISING MONEY 2) Which of the following was not identified as 1 of the 4 main financial objectives of a firm? TIMELINESS 3) The 4 main financial objectives of a firm are: PROFITABILITY‚ LIQUIDITY‚ EFFICIENCY‚ STABILITY 4) Match the financial objective with the correct definition: STABILITY/ THE OVERALL HEALTH OF THE FINANCIAL STRUCTURE OF THE FIRM‚ PARTICULARLY AS IT RELATES TO ITS DEBT-TO-EQUITY RATIO
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Critical Analysis of ‘Entrepreneurship goes Global’ The article “Entrepreneurship goes global” by Neri Karra and Nelson Phillips presents a new type of company emerging in the 21st century‚ namely entrepreneurships‚ which have at least 25 percent of their sales in foreign markets and do not concentrate on the domestic market where they have been founded. These entrepreneurships according to the authors of the article are different from their ‘old school’ counterparts by expanding globally from
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Business Communication Case Study – Harrods Introduction Established in London since 1853 by Charles Henry Harrod‚ Harrods is a department store for luxury branded merchandise. Voted as the ‘Luxury Retailer of the Year 2013’ Harrods has a reputation of always delivering the highest standards of customer service as well as expertise in luxury goods. Harrods is currently owned by Qatar Holdings‚ with the head being Hamad bin Jassim bin Jaber Al Thani‚ a former Prime Minister of Qatar. Harrods was
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Critically assess the personality (or psychological) traits approach to explaining entrepreneurship. What makes an entrepreneur‚ an entrepreneur? Could it be the environment they grew up in or simply‚ the personality that they were born with or developed as they grow? This essay would present on the traits one should have to perform in this career and how these personalities would benefit them as a businessperson. Apart from that‚ it would discuss the different approaches and analyze it against
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KENDRIYA VIDYALAYA SANGATHAN‚ CHENNAI REGION BUSINESS STUDIES MODEL QUESTION PAPER- BLUE PRINT SET II TIME: 3HRS Max Marks - 90 Name of the lesson 1. Nature and purpose of business 2. Forms of business organizations 3. Private‚ Public and Global Enterprises. 4. Business Services 5. Emerging modes of business 6. Social Responsibility of Business and Business Ethics. 7. Sources of Business Finance 8. Small Business 9. Internal Trade. VSA 1 (1) SA 3 (1) 4 (1) LA TOTAL 8 (3) 1 (1)
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