Advantages of Acquiring an Ongoing Business 1. Already operational normally leads to success 2. The time and effort to start a new venture is eliminated 3. Possibility of buying an on going venture @ bargain price The next step 1. Business environment 2. Profits‚ Sales & Ratios 3. Business Assets ( Inventory‚ equipment‚ trademarks‚ goodwill) Questions 2 Ask 1. Why is the business being sold? 2. What is the current state of the business? 3. What is the current condition of the inventory
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External Locus of Control - Individuals with a belief that what happens to them is due to luck or chance. The belief that events in one’s life‚ whether good or bad‚ are caused by uncontrollable factors such as the environment‚ other people‚ or a higher power. Which Factors influence perception? Attitudes Moods Motives Self-Concept Interest Cognitive Structure Expectations Perception is: A process by which individuals organize and interpret their sensory impressions in order to give
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� PAGE * MERGEFORMAT �8� How Economics Have Changed My Life They say that if you look at it things closely‚ you will see the essence of economics going about its daily routine. Indeed‚ from the man buying his morning coffee to the woman calling for a cab‚ the economic system is all around us. Not many people notice it (or are just apathetic about it). But surely‚ it ’s everywhere. Day and night - it never stops. The moment the sun sets in one part of the world‚ money starts circulating on the
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How International Integration has impacted Spain 1. A general approach: Spain presents a logic delay associated with globalization because of his special history. We can’t forget that Spain was the most closed economy during the period after the Second World War (between all OCDE countries‚ only Turkey was more closed). Spanish government had a period of a protectionist and isolationist nature with indifference to international trade which ups and downs led the country until the end of civil
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INTERNET JOB SEARCHING Searching for jobs on the Internet has become a very popular endeavor in the last ten years. Things have changed considerably in our culture and this is one area that holds a large amount of the responsibility. A Brief History of the Internet The Internet was first developed in 1969 by the United States Department of Defense. Created by their Advanced Research Projects Agency‚ the Internet was called ARPANET in the early years. They developed the Internet as a means
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1. What are the key elements of Toshiba’s business strategy in notebook computers? In what way do OME’s operations support this strategy? Toshiba had built its strength in the notebook PC market by beating its competitors to the market with aggressively priced‚ technologically superior products. Competition in the notebook PC market was fierce‚ and Toshiba could retain its position as market leader only by relentlessly improving its manufacturing processes and lowering costs. Toshiba had some
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TO: WHOM IT MAY CONCERN FROM: Gloria G. Early DATE: October 30‚ 2014 RE: Letter of Intent Below is my account of what is motivating me to pursue a doctoral degree‚ my vision of the outcomes and what I hope to achieve from the degree and lastly‚ my plans to commit the time and resources necessary to complete a doctoral degree. What has motivated me to achieve a doctoral degree? To earn a doctorate degree is one of the highest honors of academia one can achieve. Yet‚ on the other hand‚ it is a
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Company Number Code Industry Rationale 6 A A Airline Airlines are highly leveraged and with assets majority invested in PPE 9 B B Bank It has no inventories. It ha s very high Accounts payable for customers demand deposits and slightly high other current liabilities for other types of deposits. Also‚ it has a very high amount of receivables for loans made to customers. 8 C C Brewery It has a very long inventory turnover as a result of aging of its brews. 3
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The final step of industry and competitive analysis is to use the answers to the previous six questions to draw conclusions about the relative attractiveness or unattractiveness of the industry‚ both near-term and long-term. Company strategists are obligated to assess the industry outlook carefully‚ deciding whether industry and competitive conditions present an attractive business opportunity for the company or whether the company’s growth and profit prospects are gloomy. The important factors on
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Case Analysis 1 - Apple Computer: Research how Apple managed to reinvent itself over the years. 1. What were some of Apple’s biggest successes and failures? Describe why. To their credit‚ however‚ and with the aid of distressing financial figures resulting from such a misreading of the market‚ Apple realized that it had to change its approach to the market and to the technology. Given Apple’s widespread reputation for innovation and trendiness‚ its failure to anticipate the importance
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