started out in 1853 by the invention of the “safety brake elevator.” Their core business is designing‚ installing and provide service within the industry of elevators‚ escalators and walkways. Today OTIS operates worldwide‚ with headquarter in the U.S. and different facilities located in European and Asian countries. Through this they have managed to become market leaders in their field. Throughout time the business focus of OTIS have changed. Today the focus has moved from the manufacturing area
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This essay will discuss the Case study by firstly identifying four elements of contract‚ then justifying duties of Mr. Martin with applying the principles of pre-existing contractual duties. Finally a discussion about part payment of debt and promissory estoppel will be explained. Likewise‚ this essay will evaluate the knowledge of common law and agency relationship. QUESTION 1 a) Four essential elements of a contract should be Offer‚ Acceptance‚ Intention to create legal relations and Consideration
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Examination (PSLE) this year. His school made a referral and would like me to see Zhang Jie. I am a social worker in a community-based agency providing school-based social work. Zhang Jie’s teachers observed that for the past three months‚ Zhang Jie’s enthusiasm and concentration in class has declined. His grades too were affected. Zhang Jie expressed that he was feeling stress. He is stress with his studies as he is taking his PSLE this year; which is a major milestone examination. He feels the pressure
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Social Business * Tahmid Md. Istiaq Arman Social Business was first defined by Nobel Peace Prize winner Prof. Muhammad Yunus‚ as a non-dividend company that is created to address and solve a social problem. In a social business‚ the investors/owners can gradually recoup the money invested‚ but cannot take any dividend beyond that point. The purpose of the investment is purely to achieve one or more social objectives through the operation of the
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Case Study 1 – Harry goes it alone Harry was really bored with his job as second chef in a top-of-the-market hotel. He was also tired of being ordered around by the manager and the head chef. He never liked taking orders and had always hoped to use his talents preparing food for customers in his own restaurant. The main problem was his lack of business experience. Harry had just been to a business conference with a friend of his and had been interested in the franchising exhibition there. One
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Organization Structure Evaluating the organization structure will be a great step towards maintaining growth in Phoebe’s business. The organization structure will indicate how decisions are made within the form‚ the leadership role and the responsibilities of every employee (Kurtz‚ 2010). The organization structure details the way the employees and the management view the business and its future growth. Phoebe ought to take a managerial stand to effectively lead her team towards this new growth. Phoebe
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OIL AND NATURAL GAS CORPORATION . Case study of Business Environment‚ Conducted by : Karan Desai Course : B-tech‚ HNC. Ecube Global College. Table of contents History………………………………………………………. Company profile……………………………………………… Company vision and aims…………………………................. Organizational structure……………………………………. Task 1 ……………………………………………………….. | learning outcome 1………………………………………… Task 2 ……………………………………………………….. | learning outcome 3……………………………………………
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Social Competence – Case Study Case 1 –playing computer games The frequency of playing computer games is inversely proportional to social competence. The people‚ who are addicted to computer games‚ lack of social competence. Nowadays‚ the children love to sit in front of the computer and play computer games. It gives children little time to interact with the other people so that they learn few social skills. It affects their relationship with their friends and parents. Also‚ some
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Chapter FOUR The ECONOMIC Environment CLOSING CASE: Meet the BRICs [See Fig. 4.5.] Over the next 50 years‚ changes in the relative performance‚ scale‚ and scope of the world’s economies will be dramatic. Most notably‚ data indicate that the combined economies of Brazil‚ Russia‚ India and China—the so-called BRICs—should surpass those of the G7 nations by 2050 [see Fig. 4.5]. In fact‚ of the original G7 nations‚ only Japan and the United States will still rank among the world’s largest
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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724 [pic] SUBJECT: BUSINESS ENVIRONMENT (MARKS : 80) GROUP A: CASE 1 Q1) Imagine that you are in-charge of a major chemical plant‚ manufacturing points. At present‚ the general awareness about the mandatory requirements for chemical industry is very low. Even if the compliance
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