Resolving Ethical Business Challenges As a new employee at Acme Corporation‚ Frank Garcia knew few mistakes were allowed. He had sold medical supplies to Thermocare. Thermocare was a company Acme had been trying to do business with for a while. Otis Hillman‚ buyer for Thermocare‚ was happy with the products supplied by Acme. When Frank wanted to sell additional items to the company‚ Otis would question whether Acme was the right company for supplying products and would outright hint that he wanted
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Includes brand name‚ size‚ packaging‚ grading‚ place of origin‚ cut‚ degree of ripeness/freshness‚ variety Printed and distributed to suppliers to let them know your exact requirements Not fixed‚ if conditions change‚ Purchase Specs can be rewritten and recirculated Example: SALMON Whole‚ dressed‚ fresh Minimum 8lbs‚ maximum 12lbs Norwegian Fish firm and elastic‚ meat pink & slightly translucent Gills free from slime & reddish-pink in
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The Features of a Joint Stock Company When it comes to a joint stock company‚ one among the various types of business organizations which are instrumental towards the economic development in any country‚ the following are the various features: 1. Voluntary organization: A joint stock company is a voluntary organization or association of shareholders; 2. Legal person: It is a legal or an artificial person as a result of law. It has no physical existence; however‚ it functions as a separate
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PharmaCARE’s Ethical Challenges In determining the degree to which a corporation or an individual is ethical‚ one must first define what it means for such an entity to be ethical. Some might argue that simply conducting business within established public law is all that it takes to be ethical‚ while other may argue that any behavior that causes harm to another individual or corporation would be unethical. For most‚ however‚ the definition of ethical behavior actually falls somewhere in between
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FINANCING INSTITUTIONS OTHER THAN BANKS Often in business we need capital. Of course‚ this capital can be borrowed from banks or institutions other than banks. Of course‚ with borrowing on financial institutions other than banks will be charged a higher interest rate. The following definitions explain some of the institutions other than banks which cover several fields‚ namely: a. Leasing (Leasing) b. Venture Capital c. Factoring (factoring) d. Business Credit Card e. Consumer Financing
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One afternoon‚ while finishing up your shift as the stock manager at Circus Supermarket‚ the manager tells you that he desperately needs some help with an inventory problem. In the back of the store‚ he shows you an unmarked‚ unopened tin can and explains that the store’s owners are threatening to fire him and all his staff if they cannot keep track of the items that they sell. He asks you to help him figure out what is inside. There is one catch: He does not want to open the can‚ just in case there
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CASE STUDY The Timberland Company: Challenges and Opportunities The Timberland Company‚ headquartered in Stratham‚ New Hampshire‚ makes and markets footwear‚ apparel‚ and accessories. Its footwear includes hiking boots‚ boat shoes‚ sandals‚ outdoor casual footwear‚ and dress shoes. The apparel line includes socks‚ shirts‚ pants‚ and outerwear‚ whereas accessories involve such products as watches‚ sunglasses‚ and belts. Timberland sells its products around the world through department stores
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10/13/2013 TITLE: “What I see as the biggest challenges adults face today.” A. General Purpose: To inform. B. Specific Purpose: To inform the audience of the biggest challenges that adults face today. C. Central idea: The biggest challenges young adults face today are drugs and unemployment. I. Introduction : Adults today face many challenges in the world as they are struggling as Single Parents‚ Bullying in life and also Finding a good job. A. Young adults face the problem of increasing
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Is it possible for one of the ancient civilizations‚ Athens or Sparta to be better than the other? In modern day it is hard for a whole civilization to agree on what makes a perfect society‚ but there are ways to keep citizens happy‚ give them freedom through knowledge‚ or provide safety‚ in the case of Athens‚ and Sparta‚ two conflicting civilizations that frankly followed these approaches‚ it is hard to say which one is a better. They both excelled in their own ways‚ specifically in regards to
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9-699-047 December 4‚ 1998 Cash Management Practices in Small Companies Of all the disciplines that a small company must master to grow and succeed‚ none may be more important than cash management. While a strong cash management system can ensure that a company maintains adequate cash levels to meet its operating and investment requirements‚ an inadequate cash management system can lead to a company’s failure to meet its financial commitments. All too often‚ poor cash management systems have led
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