monthly rental shall be payable within the first five days of each month without need of demand at the office of the LESSOR. In case of delay in the payment of the said monthly rental‚ it shall earn interest at the rate of 3% per month on any or all delayed payments‚ provided that failure on the part of the LESSEE to pay rentals for two (2) successive months shall be a ground for the termination of this Contract without need of judicial action. The LESSEE likewise agrees to a yearly escalation rate
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Abstract This paper is a view on how to approach the CEO‚ directors and managers of a potential defective product. It will provide insight on the process of identifying the product‚ potential recall and the responsibility to notify the consumer. A Corporations Social Responsibility to Stakeholders Introduction One of the many things a manufacturing company has to worry about is producing defective products. If a company has produced defective products‚ it
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Strategic Management How Great Companies Think Differently Making money has long been the ultimate aim of a business. This capitalism vision has influenced the majority of corporations limit their goals in generating the highest profits and returns to owners‚ regardless the health and safety of employees‚ the environment‚ and general public. An institutional logic‚ therefore‚ has been raised by professor of Harvard Business School－Kanter. Unlike traditional practices‚ this logic addressed a successful
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INTRODUCTION The Viking Sewing machine (VSM) company was originally controlled by Electrolux‚ having acquired it in 1997; but was sold 20 years later to an investment fund‚ Industri Kapital. The company is into the business of sewing machine manufacturing and has since grown to be a force to be reckoned within the same industry since 1997. The mission statement of the company reflects the intention of the management of the company to make the company the leading sewing machine manufacturer in the
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A New Focus for McKinsey Rajat Gupta‚ a 20-year veteran committed to decide to put emphasis on knowledge development‚ launched a four-pronged attack to help McKinsey to build up their long tern capital. First‚ he capitalized the firm’s long tern investment by creating come new channels and forums for knowledge development and organizational learning. Second‚ he created a Practice Olympic to encourage regional offices to extend ideas that grew out of client engagement. Third‚ he assigned senior
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Business ethics- impact of the stakeholders As we all know stakeholders have a huge impact on the business but it works both ways. The business and its ethical behaviour also affect the stakeholders and the business itself. Today I am going to evaluate the impact of Sainsbury’s ethical behaviour on its stakeholders and the business. In 2007 Sainsbury has acted very unethically. They sold around 20‚000 cotton bags made by well-known designer. They wanted to make it fashionable to use cotton
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ADELFA PROPERTIES‚ INC.‚ petitioner‚ vs. COURT OF APPEALS‚ ROSARIO JIMENEZ-CASTAÑEDA and SALUD JIMENEZ‚ respondents.1 G.R. No. 111238 January 25‚ 1995 REGALADO‚ J.: The main issues presented for resolution in this petition for review on certiorari of the judgment of respondent Court of appeals‚ dated April 6‚ 1993‚ in CA-G.R. CV No. 34767 1 are (1) whether of not the "Exclusive Option to Purchase" executed between petitioner Adelfa Properties‚ Inc. and private respondents Rosario Jimenez-Castañeda
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Stakeholders can be defined as all entities that are impacted through a business running its operations and conducting other activities related to its existence. The impact can be direct in the case of the business’s customers and suppliers or indirect in the case of the communities in which the business chooses to place its locations. Businesses must consider the needs and expectations of its stakeholders‚ though it need not consider them to be of equal importance. Certain stakeholders such as owners
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Creative Management Thinking Final Assignment Women in leadership positions - How German companies can overcome the double burden IMBA 2013 Section A1 Group F Ievgen Forostovets Sushant Kumar Jon-Dagan Mallace Denny Morawiak Andrea Salati Antonella Squadrito All members of our group contributed equally to this report. September 15th 2012 This paper seeks to suggest strategies that companies should adopt to retain female talent‚ especially for top management positions. Our
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Four Focus Strategies It’s not usually realistic for a firm to try to appeal to all actual or potential buyers in a market‚ because customers are too numerous‚ too widely scattered‚ and too varied in their needs‚ purchasing behavior‚ and consumption patterns. Firms themselves vary widely in their abilities to serve different types of customers. So rather than attempting to compete in an entire market‚ each company needs to focus its efforts on those customers it can serve best. In marketing terms
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