Essays on Buyer

The amount of clothing brands is increasing worldwide. Today the fashion industry produces more clothes than in the entire previous history. Such changes are partly caused by the development of technologies. The article “The Power of Buying Less by Buying Better” by Elizabeth Cline is devoted to changing trends in the global fashion industry. The phenomenon “fast fashion” gains the increasing popularity all over the world. And today most clothing designers are focused on how to produce more, but with less quality. The situation in the fashion industry has changed due to the occurrence of alternative offer. In contrast ...

IT Strategy Report for Starbucks

It is imperative for every company to have a distinctive element in its strategy for drawing in customers and producing a competitive edge. Starbucks has been triumphant in commanding its way in the market since its humble beginnings as a Seattle-based coffee shop back in 2008. Over the years, Starbucks has grown into having a competitive advantage over its competitors. The customer service is top-notch, and the atmosphere is rich that draws in crowds from all walks of life. Starbucks has indeed earned a sustainable competitive advantage by offering the highest quality coffee-based beverages, creation of an emotional attachment ...

Introduction

Under Armour is the brainchild of Kevin Plank who initiated the company in 1996, which has grown to a multi-billion business venture operating in the American market and producing accessories and sports clothing. It is among the largest suppliers of casual and sportswear apparel in the Americas. The company is headquartered in Baltimore, Maryland with franchises across Houston, Austin, Denver, Texas, New York and other major states in North and South America. Further, Forbes notes that Under Armour’s core business is the manufacture, marketing, and distribution of branded sports apparel including footwear, accessories for men and women and ...

<<Name>> <<Professor Name>> <<Subject>> <<Date>>

Michael Porter’s Five Forces include - the threat of new entrants, threat of substitute products or services, bargaining power of buyers, bargaining power of suppliers and competitive rivalry between firms. We will apply this framework to the soft drinks industry. 1. Porter’s 5 Forces

Threat of New Entrants: Medium Pressure

The threat of new entrants is quite real for the soft drinks industry today. The consumer is becoming more health conscious. Many governments are instituting legislation to curtail the use of sugary soft drinks like Pepsi ...

INTERNET BUSINESS

Abstract: A usage of internet has become popular in the field of business. E-business is the business which the business owners can sell and buy the products over the internet. It keeps the preserve to hold the position on the competitive market. It helps to increase the role of internet and increase the market share. With the help of websites, the startup business has been utilized the essential characteristics of the business facility provided on the internet business. The improvement of information technology in the internet business plays an active role in the startup business. It offers online service ...

How do economic issues, politics, and social factors affect the airline industry?

Since these external factors also affect the airline customers, airline industries also need to adjust their business operations and standards. With that, their strategies, prices, and resource allocations are being adjusted according to how these factors affect customers. As such, the most important thing that the airline industries need is to keep updated with the changes made by these factors. With that, they will be able to optimize their strategy, and keep up their revenues with their costs (Cederholm, 2014). What is the financial position of the companies in the airline industry including the impact on airline suppliers? (Lessors), ...

The bullwhip effect can be detrimental to the efficiency of a supply chain. Demand of a product may only slightly shift, but it can lead to a much greater shift in manufacturing a product. This is when the “variability in demand is magnified as we move from the customer to the producer in the supply chain” (Robert & Chase). It specifically relates to a lack of coordination in a supply chain as a company makes purchases from its suppliers more unpredictably than it sells to its customer (Mendelson & Bray, 2016). It also relates to a lack of coordination in the ...

Problem Statement

The objective of this paper is to present a report on the marketing questions raised by the founder of Celtic Chocolate Company Limited. Mr. Ronald Begg founded Celtic Chocolate Company Limited under which he engineered a new product called Milk Mate. The new product is basically a milk modifier. Milk Mate was introduced into a market largely controlled by large companies, such as Nestle with a market share of 50%, Hersey with a market share of 20%, Cadbury at 10%, and the remaining 20% shared by other smaller players in the region.

Generation of Alternatives

The introduction of the new product into ...

The Impact of the Theory of the Consumer Choice on Demand Curves, Higher Wages and Higher Interest Rates

The theory of consumer behavior shows how the choice is affected by the price of goods, income and preferences, and the way buyers maximize their net gains from the purchase of goods and services. The price change of a good affects the consumer demand structure in two ways. Any change in the price results in the appearance of the income and substitution effects, as it changes the amount of available goods and their relative prices. The above effects are consumer reaction to changes in relative prices and real income (Mankiw, 2014). The substitution effect is the change in the ...

Introduction

Schwab (2012) says that one of the pillar the improves an economies competitiveness is these is, the inevitability of a well-functioning economic system that distributes resources to high anticipated rate-of-return investments, regardless of the political standing of an individual. The economic system delivers the legal context and services required for the efficient working of a market economy. The government, in particular, plays a crucial role not only in ensuring that the resources available are allocated without bias but also in determining the right market structures for an economy. Putting forth the right market structures and even distribution of resources ...

The CEO,

As you are aware, I am discussing with Chip Manufacturer Company (CMC) about the following issue. Please find my action plan detailed below for the same.

Current Issue

Preparing for Negotiation I prepared for this negotiation by initially identifying the goals. In the present scenario, my goals are to 1) not ruin the long-term relationship with CMC and 2) not take losses in the present transaction. To proceed further in the negotiations, I have to determine if CMC is also interested in a long-term relation or not. I try to find shared interests and I will try to identify things that ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

Motivation is important in any marketing segment because it stimulates the behavior of consumers. The tension of a need that is not satisfied initiates the motivation process. Marketers should understand the motives that influence consumer behavior so that they can easily convince them to purchase their products. The process of motivating the consumers is not easy because people have different needs, motives, and personalities. The marketers should strive to understand all these aspects for the success of the business. This paper will discuss various challenges and difficulties that the marketers encounter as they try to motivate the consumers. It ...

In the case of Kelly’s Beauty Salon, there is a new competitor who is moving in close proximity to her business. Kelly is aware of the implications that this will have on business, hence she seeks to develop a solution that will mitigate the threat of a substitute service and new entrant. The new competitor changes the nature of business in the area as the Hair Cuttery becomes an existing competitor, hence there are also implications for buyer power and supplier power. Kelly chose a cost leadership strategy as the foundation for overall business strategy, and cost leadership ...

Linda Pierce

American Government GOVT2011603B-02 D. V. Villarrell The Branches of the Unites States Government IP2 The United States Constitution has ensured that the US government is divided into three separate branches-the executive, the legislative and the judicial, so there would be checks and balances and that neither one branch can abuse the power vested in it. However in times of war, emergency or a gridlock over a policy decision, the president can use his presidential powers to bypass the other two branches of the government and every president has issued executive decrees. For instance, President Obama has issued presidential orders ...

Define and discuss time and space utility

Products must be transported from the place where they are produced to the place where customers demand it to be delivered. The value-add that the product gains due to its transport is called space utility. The time utility is the length of time before or between the product deliveries, which consists of mostly storage and inventory time. When the organizations are able to deliver the goods at a time they are needed, then their time utility increases.

What is the Total Cost Analysis and how does is affect logistics?

Total cost analysis provides the methodology for integration of logistics, manufacturing, and procuring costs across the network. This is done to achieve ...

Introduction

External environment analysis is a comprehensive look at the organization’s strengths and weaknesses through examining the external factors of the market. There is a wide range of external forces that directly affect the sustainability and performance of the organization. The external environment analysis assesses the level of threat, risk, and opportunity in the outside environment. It helps the organization to make effective decisions on the basis of evaluation and improve the organizational performance. It helps the management to align strategies with the company’s environment. External environment factors are difficult to handle and some factors are uncontrollable that ...

In my opinion, a fashion buyer is someone who works in the retail industry. It is also in my understanding that you do not need to be a graduate of any fashion-related course to become one. However, it is a given that you have to be creative, have an eye for details and of course, have a good sense of fashion. It can also help if you have a strong sense of numbers as well. Another thing that a fashion buyer must have is instinct, which I think will only be developed thru experience and over time. And one ...

The drafting of the valid agreement between the parties of the contractual relations is the key pillar for the maintenance of the credible business relations with the occurrence of the relevant rights and responsibilities between the participants of the contract. Based on the validity of the agreement, it is possible to prove the attitude of one party to the another one, interpret the scope of the rights and several other moments in terms of the contract law. With that, the validity of the agreement is grounded on some points based on which the findings regarding its force may be ...

HYDRAULIC CYLINDER ASSEMBLY: SOURCING REPORT

1.0 Executive Summary The appropriate selection of the best vendor for any product requires a critical evaluation of several dealers in order to make a viable decision. The buying company must determine the level of urgency with it requires the product to allow any intermediary to conduct the best sourcing. Because procurement is a procedural undertaking, valuation of the players to be involved is essential to give the best recommendation to the buying company. The buyer always has a predetermined budget that states the expected cost of products and timeline of delivery of anything it has decided to procure. ...

Q15. Size, emotional state, gender, age, ethnic, national, educational background and other characteristics of an audience usually shape communicator’s message structure, framing and language choice. Using of certain pronouns, imperatives, passive constructions, repetitions, rhetorical questions and other linguistic means of expression depends on the profile of a listener. According to Christiansen and Just (2000), the agency of the audience is always implicitly present in one’s speech (Christiansen & Just 2000). A speaker usually uses different strategies to signal politeness, solidarity and cooperation. It is worth exemplifying audience influence on one’s message taking two specific audience and topic ...

Did Jim and Laura Buy a New Car

Business

Did Jim and Laura Buy a New Car The case recalls Jim and Laura as the complainants against Stan who is a car salesman claiming that the couple had entered into an agreement to purchase the 4-door blue Sedan by depositing $100. The facts of the case show that Jim and Laura visited the car dealership where Stan is an attending salesman who accommodated the former. Jim and Laura was interested about the blue 4-door sedan, and decided to give Stan $100 for the purpose of holding the unit for a ...

Technology uses & applications

Adobe Products: CAD (www.adobe.com )

What is it? How do you use it?

CAD is Computer Aided Design that turns flat static images into robust dynamic 3D graphics. CAD allows the creation and sharing of complex imaging. It allows the user to illustrate his or her design so that others have a greater understanding of its potential.

Why is it important?

CAD allows viewing the images in the free version of Adobe Reader software so that multiple people can see the images without requiring specialized programs. It allows the user to create 3D images to better illustrate the working relationship between the components such as in a new braking system for an ...

Video and Computer Games Industry

Organizations rely on environmental scanning to carefully monitor their internal and external environments with the aim of detecting opportunities and threats that may have a bearing on their current and future plans. Changes in technology have contributed to increased dynamics in the video and computer games industry, and companies have been forced to transform and adapt to stay competitive. Enterprises focusing on the retailing of DVD/CD/Computer games have been affected by the advent of competition especially from companies utilizing digital platforms to provide video and computer games to their clients (Grüsser et al., 291). There has been the ...

Moral hazard in equity contracts

In some instances, the seller of security is driven by incentives to conceal information from the purchaser and may engage in detrimental activities. This constitutes the problem of moral hazard in equity contracts. An example is the problem of Principal-Agent, which concerns the separation of possession and management of firms. The executives in corporations in this case only own a small share of the firm compared to the principals/share-holders. The managers then opt to pursue their interests at the expense of the firm's profitability bringing about a conflict of interest between the shareholders and corporate management (Banerji, and Basu ...

Introduction

The case dwells upon the situation, in which a new Major Accounts Management, Zain, who recently joined the organization Zoro Stationary, found himself, ones trying to adjust to the new environment. The reality demonstrates that the previous experience of this professional, which encompasses over ten years in one of the major regional clothing and household retailers allowed good insight into the purchasing and customer behavior. The challenges, associated with the change of the industry, corporate culture and personal diversity, however, built on a number of difficulties in adapting his skills to the new role. The learning process within the ...

Business Role-play: Negotiation

Business Role-play: Negotiation

Introduction

This negotiation took place between two different teams. The first team, made up of three team members, was tasked with selling a product to the second team for sale in retail stores in the Kingdom of Saudi Arabia. During this negotiation, both teams had a clear goal: to make a good business deal and build a good relationship with members of the other team. This was mainly a preliminary negotiation, which means that both teams were talking primarily about a single product. This product is a protein powder, which team 1—the sales team—claims is ...

An Analysis of Merger & Acquisition Strategy

Introduction There has been a major fall in the oil prices in past two years from 2014-2016. The decline in oil prices has led to a major impact on the energy sector making it difficult for energy producer companies to survive. However, despite the falling oil prices and damp prospects, there has been a major announcement of merger and acquisition that touched the $300 billion dollar mark in 2016, while the deal announcements in 2015 were in the tune of $3.2 trillion across the globe. Most of the surge in the energy sector is attributed to some of the ...

Introduction

A leveraged buyout (LBO) is the process through which a company is acquired by another one that gets a significant amount of capital from borrowed money. This act is a process that involves the buyer putting up the assets or expected profits of the newly acquired company as collateral to the financial institution that is giving out the loan (Haddad, Loualiche, Plosser, & National Bureau of Economic Research, 2016). This type of purchase carries significant risk for the buyer since the ratio of borrowed money to the invested money is usually 9: 1. The borrowed money accounts for eighty to ...

Introduction

Legal Documents/Agreements for day to day Management of New Business Venture One of the documents that would be needed for the day-to-day management is the article of incorporation. It enbles the ownwers to be successful in starting the business. A key mistake that start-up owners make is the failure to provide an appropriate structure. It can be understood by the fact that if the company’s ownwers do not identify an appropriate legal structure, it can lead to high level taxes and legal liabilities. Hence, the companies should fill with the Internal Revenue Service to develop a specific legal ...

1. Factors likely to affect the demand for the line of Washburn guitars Various factors tend to influence the demand for any product. However, the factor in play may depend on the kind of customer for the product and the nature of the product (Boundless n.p). If the product is to be sold to the first time buyer, the demand- determinant factors may be different for a customer demanding for a unique product. The common factors likely to affect the demand for Washburn guitars when bought by first-time buyers include prices of the guitars and the income of the ...

Introduction

The current complex global business and social settings require various skills that ease the process of interactions. Negotiation is one of the areas where every individual (s) must focus especially because of the reality that disagreements will always emerge at varying levels of interactions. However, negotiations do not always apply when there are conflicts that may cause adverse consequences (Cohen, 2013). The reality is that negotiations apply even when a buyer and a seller decide on the best price for an item. The fact that men and women acts in varying capacities as either sales executives means that they ...

Abstract

This paper explores the concept of Marketing Mix as it applies to the effective selling of used textbooks. This product has been chosen because of its wasted earning potential for students who need to adapt to the rising cost of education. The Four Ps of Marketing – Product, Price, Place, and Promotion – are discussed in this paper as the application of each marketing component is vital to success in the sale of used school books. Like the four legs of a table, the four Ps complement each other and as such, weakness in one component can cause a collapse of ...

Financial instruments are legally binding agreement documents that have monetary value. They dictate the agreement made between the involved parties regarding a right of payment of an agreed amount.

Mortgage

The mortgage is a security instrument in real estate that refers to a long-term loan that finances an individual’s purchasing ability of real estate. The property being purchased is used as security for the mortgage and the interested buyer is expected to make a regular series of payments without fail. Failure to pay the mortgage as per the agreed terms results in the repossession of the property, and it ...

Introduction

The Chinese real estate market is currently experiencing a bubble in growth as investors rush to acquire real estate property both within and outside the country. As such, there is a need for effective communication platforms to facilitate the frequent talks and negotiations between China and other countries to take care of the increasing numbers of Chinese investors who want to purchase or invest in real estate properties overseas. In most cases, these negotiations crumble because of the lack of understanding as the buyer and the seller speak two different languages, hence a communication malfunction (Bogucki & Deckert, 2012). Therefore, ...

QUESTION A

Definition of Credit Default Swaps A CDS is an instrument used to transfer the risk of default or credit exposure between two or more parties (Fabozzi and Kothari, 2008). It protects the lender from the possible loss of default by the borrower. The lender (protection buyer) pays premiums to the CDS seller. In return, the CDS seller guarantees to pay the lender the face value of the loan plus interests due in the intervening period if the borrower defaults.

Cash flows

Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly payments = 40,000/4 = $10,000 The borrower does not default ...

QUESTION A

A Credit Default Swap is a swap that protects the lender from the risk of loss resulting from the default by the borrower. The protection buyer of the CDS (the lender) makes periodic income payments (CDS premiums) to the protection seller who in return guarantees to pay the lender the principal in case the borrower defaults.

Cash flows when there is no default

Notional amount = $1 million Annual CDS premium = 4% × 1,000,000 = $40,000 Quarterly CDS premium = $10,000 If the borrower does not default, the protection seller will make a profit of $120,000 at the end of the third year ($10,000 ...

Virgin Mobile: Pricing for the First Time

Young people are critical to many markets including mobile, fashion, technology, and entertainment. Other than forming a key component of the current market, young consumers are potential markets for the future. A business that captures their interest and commitment today has high possibilities of securing a lifetime relationship with them (Mitchell, 2012). However, marketers have not clearly identified the exact tastes and preferences of the young people as a unique market segment. The recent developments in information technology and the use of social media have complicated the marketing equation for this group. The requirement for transparency, relevance, and communication ...

4. Environmental Analysis 4.1. Operating Factors Some of the common goals in any restaurant regardless of size is the desire to make money, control food and labor cost and to retain employees . A restaurant is one of the toughest businesses to run successfully because of the long hours involved, the high turnover and the relatively low pay when compared to the number of hours. Therefore it is clear that human resource is a critical operating factor. An understanding of the nature of the market is also essential; factors like market saturation and market trends are critical to operating a ...

Report

Report Nowadays, the basic knowledge of economic principles is crucial for everyone, even for those who are not professional economists. The economy is the mechanism that affect everyone: the probability of find the desirable job, getting mortgage loan in the bank, the amount of rent payments are all variables that are determined by economic processes. The conscious understanding of economics helps policymakers to take appropriate and timely actions; allows firms and investors correctly forecast interest rates, in order to make profitable investments, to the households and individuals to properly plan their savings, to the scientists – develop actual models and ...

Brand Love

The relationships between people and brands have been studied for many years, though the researchers have different points of view but they found some common results. People may like some brands, but at the same time they cannot love them. People’s feelings influence the marketing strategy of a brand and sometimes may cause the false decisions ("Brand Love. What is it? [New Study]", 2015). Brand love is a rational feeling that depends on the receiving rational and material benefits while human love is more irrational and altruistic in some way. There are many examples nowadays of brand love; ...

Business ethics provide greater awareness about the important and valuable business activities that can help enhance performance (Malachowski, 2001). The observance of business ethics assist in clarifying the business goals within an organization and the conditions that are essential in achieving them. Ethics draw the line between what are ideal business practices and what are not. Among the benefits of practicing business ethics include wasting the organization's resources on attaining its objectives while avoiding what would naturally be wrong for a business practice. The observance of unethical conduct can hurt the organization itself and may result to negative consequences. ...

According to Weele (2009, p4), effective strategic purchasing is growing rapidly throughout because the organizations have realized it a potent avenue to achieve the company performance in short and long term. These includes attaining their strategic goals, improving the consumer satisfaction, improve the efficiency of the services rendered and many others. Hartmann & Blome (2010, p45) argues that the reason for such is because the quality of goods or raw materials in the organization enhances the organization’s performance. The cost of goods and service procured is also important in determining performance. Various theories are explaining the importance of the ...

Importance of Titles in Real Estate Financing

Abstract Acquisition of real estate is not an easy process because it involves outlay of huge amount of financial resources. Due to the high investment requirement, prospective owners often involve financiers through a loan, which is risky and prone to fraudulent activities. This risk requires a protection against imminent losses through insurance companies. Real estate is one of the properties that require title as a proof of ownership and evidence in case of transfer. The party seeking to extend a loan facility should do a thorough background check through a process called title qualifying. In this process, the lender ...

Introduction

The usefulness of psychology stands above the common knowledge of people. It has wide application in business, particularly in marketing. The study of human psychology helps the business people to understand the emotional behavior of their clients, leading to improved capacity to influence customers’ decisions. Impulse buying is one of the essential psychological applications in the business (Bhakat 149). It results from emotional changes in the decisions of consumers that result in increased purchases than what was initially intended. According to Bhakat (149), having experience in buying is crucial to improving the quality of purchasing decisions. However, such experience ...

Price discrimination refers to a business practice which involves selling of similar or near similar products to consumers at different prices during a certain period (Stole and Lars 2221). There are two main motives why businesses engage in the practice. Firstly, the business may be aiming at becoming a monopoly in the said market segment. In this case, the business could sell certain highly priced goods at a low price to a certain market segment that the business wishes to control. The second and the main reason why businesses engage in price discrimination is to take advantage of consumer ...

Most of the services offered by a bank are largely financial in nature. However, the terms Assets and Liabilities have a different meaning when it comes to banks. For instance, assets in banking terminology would indicate fund usage, while liabilities in case of banks would, in fact, be a source of funds for banks. This essay will consider five different services or function that a bank offers and would explain with reasons if the said service is an asset or a liability, while also evaluating the services and providing an overall impression of the same. This essay considers the ...

The competition is a prerequisite and characteristic feature of the market. After all, if the basis for the functioning of a market economy put the domination of private ownership of the means of production, which, in turn, acts as a guarantee of freedom of choice for entrepreneurs in their activities, and certainly there is competition between them. The word competition comes from Latin and means to flee together to compete on some other career. This competition is crucial for establishing market prices, which are the main feature of a market economy. Competition (in the economic sense) - the rivalry ...

The Advert: Baby Play Gym

The advert is a print advertisement designed for a newspaper or a magazine. So you have bathed and, fed and cuddled you r precious little angel. You wonder what to do next to keep baby occupied? Do you wonder how to stimulate the little mind and nutrture that curiosity and creativity in early days? Our Bright Starts Swinging Safari Baby’s Play Place is your answer.

Specifications:

The mat is made of firm comfortable padding for a little delicate baby. The mat has several soft toys with different interesting shapes and functions. The soft toys include stuffed animals and leaves ...

The key issues arising from this case report all seem to be tied to the CEO Anat’s decisions and relationships in regards to the firm, especially in the context of her duties as a director of the firm. As such, three issues emerge from Anat including the decision to hire her cousins Ellen and David to work for the firm by managing office building without informing or consulting the Board. The second issue is the where the liability of the damage suffered by Liav, who fell due to a cost-cutting decision by Ellen and David, on the company ...

Introduction

Pacific Oil Company had entered into a contract with Reliant Chemical Company of Europe in October 24th, 1982 for the supply of Vinyl Chloride Monomer (VCM). The contract was initially written to run for five years ending in December 1987 with minimum quantities to be supplied being capped at 150, 160, 170, 185 and 200 million pounds for the five years starting from 1983 to 1987 respectively. Other conditions of the agreement stipulated that the product was to be metered at from the Pacific Oil side, and invoices raised using the same quantities with an allowance of 0.1% for ...

Issue identification and root cause analysis:

Poor internal culture in the organization Poor brand identification in the market Understanding the CEO’s new vision for the organization Strategic effect of the communication plan: Support the strategic goals of BrightStar by improving brand perception and increasing market share Establish effective communication practices in the organization Strategic goals of the communication plan: Inform persuade obtain buy-in Improve communication between the company and the buyers Explain the impact of the merger on the buyers Establish a clear vision and mission Gain consensus from buyers on the new vision and strategy Reposition the company’s brand to increase market ...

US 311: Business Law I

You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display fireworks, and large aerial display fireworks. The company started in the owner’s garage two years ago and now has 15 employees that you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and ...

Corporation «BellaCosmetics» created in December 2002 is a commercial organization, one of the main activities is the development and sale of goods for beauty and health. Greatest fame and popularity gained following the development of the company: cosmetics, "bio-cocktails" and oxygen cosmetics, which includes a unique transdermal oxygen carrier - AquaTem (trademark). «BellaCosmetics» is an open joint stock company. In a short time the company has become a unique multi-level enterprise, which includes a major research center, a large independent production, powerful service and training centers. Laboratory and mobile marketing service direct their activities, knowledge and efforts to improve ...

In the world today, cars have become one of the basic commodities that people cannot live without. This means that many people across the globe have increased their desires and likelihood to buy cars for themselves and their families, meaning that the car business has flourished across the world. Not every country manufactures car, but the most commonly countries that do manufacture sell them to other countries. Japan distributes both new and used cars to any willing country, and Tanzania is one of the trusted dealers that import them to sell to Tanzanian people as well as other willing ...

Identify the client:

The client identified from the case is Mr. Arnold Kallestad. He is the hay farmer accused by Peter and Tanya Rothing of breach of implied warranty of merchantability.

Identify the client’s problem:

This is in line with the expectations that he sells good hay. It would also be safe to assume that prior to the case being taken to court that Mr. kallestad would have been approached by the Rothing’s in the instance that they realized that their animals were expressing symptoms of poisoning after diagnosis from their veterinary. Mr. kallestad then instead of taking cognizance of the situation and conducting investigations ...

Introduction

Price was and remains the main tool that provides a proportional development of production and unity of interests of market relations. Basis for analyzing the structure of the economy, its challenges, opportunities and prospects for socio-economic development is based on the identification of the essential features of pricing, determining the structure of prices, price proportions. Successful economic development of any country or subject of a market economy depends on clear and effective functioning of the price, because they reflected the entirety of economic relations and the relationship between members of social production. This is possible if the mastery of ...

Introduction

In the real estate business, closing or finalizing a certain deal stands as one of the mysterious processes for those who are selling or buying property for the very first time. Apart from specific paperwork, the concerned parties have to go through and carry out a lot of other activities. With this concern in mind, this research paper is aimed at making important discussion about the true essence of what the real estate closings really stand for. Apart from defining this concept with succinct detail, it is imperative to define all those activities and processes that lead to or ...

Property deeds are very important in the real estate market, as they confer ownership of a house or real estate property from the owner to the seller. There are several different types of deeds, usually distinguished between the purposes of the buy; is the buyer making the purchase for a business, or as an individual consumer? Deeds have historical relevance, as various methods were historically used to officially confer ownership of a property to a new owner. Deeds must have several elements to be legally binding (Folger, 2011). They must be in writing to be official, as verbal sales ...

Question 1) What were the Reasons for failure:

a) How did the sale team perform its job? In particular, with regards to Risks? The sale team of the INGEPP company turned out to be rather irresponsible regarding its risks and financial guarantees. In fact, they signed an agreement between the IMP and INGEPP excluding risks, the penalty policy and sanctions. In fact, all the negotiations were made by phone and fax, that is not a business communication. When the two companies faced difficulties (IMP's inability to pay in full, and INGEPP`s need to postpone production), both parties came to a verbal agreement. However, an oral agreement ...