...Indesit, founded in 1975, is an Italian multinational company that produces domestic product to export all over the world. Unfortunately, between 2012 and 2013 it faced a significant downfall related, initially, to one of it’s products, the Indesit washing machine WIXL143 and later on the more expensive W1X E167 model. Several costumers complained about the malfunctioning and the unexpected explosion of the models. One customer explained: “During the spin cycle it appeared that the drum had split open and moved the concrete balancing block inside the machine up pushing it’s top upwards”. Looking at this situation from a lawyer’s perspective the consumer is protected, under the 1979 Soga Act, or in other words the Sale Of Goods act that establishes the rights and duties of the seller and buyer and their remedies in the event of a breach. The Act is defined as “a contract by which the seller transfers or agrees to transfer the property in goods to the buyer for a money consideration called the price”. It is also important to take into consideration that land and money are not included in the definition of goods. Even in the case that no physical contract for the sale of goods has been written, this Act automatically includes a number of conditions and warranties that in law are called ‘implied terms’. There are four main implied conditions, or major terms which are vital to the main purpose of the contract: -Title (s 12) involving the seller and its right to sell the goods...
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...Factors affecting on stock price 1. Introduction The stock market has become an essential market playing a vital role in economic prosperity that fostering capital formation and sustaining economic growth. Stock markets are more than a place to trade securities; they operate as a facilitator between savers and users of capital by means of pooling of funds, sharing risk, and transferring wealth. Stock markets are essential for economic growth as they insure the flow of resources to the most productive investment opportunities. In essence, a large number of economic variables like gross domestic product, interest rates, current account, monthly supply, employment, their information etc. have an impact on daily stock prices (Kurihara, 2006). This paper reflects how stock price is determined by considering the effect of different factors and outlines whether the internal, external and economic factors have impact on stock pricing. This study is about to know whether Dividends, paid up capital, market capital, corporate social responsibility, lawsuits, Retained Earnings, AGM, EGM, Earning Per Share, Rumors, Margin Loan, Net Income, Face Value, Return on Investment, Goodwill of the firm, Company News, Analysts Report, Sentiment, Rumors, etc. depends on stock price or merely some special factors like stock dividend, P/E ratio, government policy, macroeconomics fundamental, investors sentiment...
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...WASHINGTON — The need for revenue to partly cover the extension of the payroll tax cut and long-term unemployment benefits has pushed Congress to embrace a generational shift in the country’s media landscape: the auction of public airwaves now used for television broadcasts to create more wireless Internet systems. If a compromise bill completed Thursday by Congress is approved as expected by this weekend, the result will eventually be faster connections for smartphones, iPads and other data-hungry mobile devices. Their explosive popularity has overwhelmed the ability, particularly in big cities, for systems to quickly download maps, video games and movies. The measure would be a rare instance of the government compensating private companies with the proceeds from an auction of public property — broadcast licenses — once given free. The auctions, which are projected to raise more than $25 billion, would also further the Obama administration’s broadband expansion plans and create a nationwide communications network for emergency workers that would allow police, fire and other responders from different departments and jurisdictions to talk to each other directly. Public safety officials have wanted such a seamless communications system ever since the 9/11 terrorist attacks. The sweeping changes are even more remarkable because they resulted not from an effort to address communications policy, but from a hard-fought bipartisan compromise to extend a payroll tax holiday...
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...Answer: Stony corals are a remarkable group of animals that inhabit tropical marine waters around the world and form vast colonies known as coral reefs. Coral reefs often resemble rock formations or even plants but such resemblances are only superficial. Coral reefs are in fact made up of many tiny animals known as coral polyps. Each coral polyp is an individual animal and the individual polyps coexist as part of a larger colony of polyps. Coral reefs provide habitat for an immense diversity of other organisms including fishes, marine mammals, marine turtles, and invertebrates. Stony corals inhabit marine habitats where the water is quite clear, the temperature remains within the range of 18°C-29°C, and the salinity of the water is in the range of 32ppt-42ppt. A stony coral colony begins as a single free-swimming founder coral polyp that attaches itself to a hard substrate such as submerged rocks. The founder polyp replicates itself repeatedly through asexual reproduction, producing a colony. The colony consists of a base which is attached to the reef substrate, a growing edge zone (where new coral polyps are produced), and an upper surface that is exposed to light that filters down through the water. Stony corals are so named because of the stone-like skeleton that forms within their bodies. This hard skeleton is made up of calcium carbonate (CaCO3) and is the substance that gives a coral reef much of its structure. Over time, stony coral polyps lift up from their base...
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...Marketing Mix Crystal Watson MKT/421 February 6, 2013 Brandon Miller University of Phoenix Marketing Mix Marketing is a commonly misrepresented term in today’s business environments. Some organizations and most individuals believe marketing is just about sales and advertising. Often times having such a vague understanding of marketing can determine the success or failure of an organization. In fact, marketing is a much more complex subject and area of business. Known as the four P’s, the marketing mix is a set of four decisions that an organization must make before launching a new product or service. The marketing mix consists of four elements: Product, Place, Price, and Promotion (University of Phoenix, 2011).These four elements work together to assist in making the strategic decisions necessary to ensure a smooth introduction of a product or service. An organization must have a thorough understanding of these four elements as each play a key role when developing an organization marketing strategies and tactics. The pet industry is a steadily rising niche business sector. Climbing up to $50.82 billion in 2011 from $23 billion in 2000, makes the pet industry a hot topic for entrepreneurs and pet lovers alike. Although the pet industry continue to see an increase in revenue, according to the American Veterinary Medical Association (AVMA) American households owned 2 million fewer dogs at the end of 2011 than at the end of 2006 (U.S Pet Ownership & Demographics Sourcebook)...
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...Materials 2014, 7, 5746-5760; doi:10.3390/ma7085746 OPEN ACCESS materials ISSN 1996-1944 www.mdpi.com/journal/materials Article A Corrosion Sensor for Monitoring the Early-Stage Environmental Corrosion of A36 Carbon Steel Dong Chen 1,*, Max Yen 1, Paul Lin 1, Steve Groff 1, Richard Lampo 2, Michael McInerney 2 and Jeffrey Ryan 2 1 2 College of Engineering, Technology, and Computer Science, Indiana University-Purdue University, 2101 E Coliseum Blvd, Fort Wayne, IN 46805, USA; E-Mails: yens@ipfw.edu (M.Y.); lin@ipfw.edu (P.L.); groff.steve@gmail.com (S.G.) U.S. Army Engineer Research & Development Center, Construction Engineering Research Laboratory, P.O. Box 9005, Champaign, IL 61826, USA; E-Mails: Richard.G.Lampo@usace.army.mil (R.L.); Michael.K.McInerney@usace.army.mil (M.M.); Jeffrey.P.Ryan@usace.army.mil (J.R.) * Author to whom correspondence should be addressed; E-Mail: chend@ipfw.edu; Tel.: +1-260-481-6356; Fax: +1-260-481-6281. Received: 18 December 2013; in revised form: 1 August 2014 / Accepted: 4 August 2014 / Published: 8 August 2014 Abstract: An innovative prototype sensor containing A36 carbon steel as a capacitor was explored to monitor early-stage corrosion. The sensor detected the changes of the surface- rather than the bulk- property and morphology of A36 during corrosion. Thus it was more sensitive than the conventional electrical resistance corrosion sensors. After being soaked in an aerated 0.2 M NaCl solution, the sensor’s normalized electrical resistance...
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...1. List part #, description, and Price for all Parts SELECT Part_num, Description, Price FROM Part; Output: Part_num Description Price AT94 Iron 24.95 BV06 Home Gym 794.95 CD52 Microwave Oven 165.00 DL71 Cordless Drill 129.95 DR93 Gas Range 495.00 DW11 Washer 399.99 FD21 Stand Mixer 159.95 KL62 Dryer 349.95 KV29 Treadmill 1390.00 2. List all rows & columns for the Orders table SELECT * FROM Orders; Output: ORDER_NUM ORDER_DATE CUSTOMER_NUM 21608 2007-10-20 148 21610 2007-10-20 356 21613 2007-10-21 408 21614 2007-10-21 282 21617 2007-10-23 608 21619 2007-10-23 148 21623 2007-10-23 608 3. List the name of clusters with credit limit =< $7500 SELECT Customer_name FROM Customer WHERE Credit_limit <=7500; Output: Customer_name Al's Appliance and Sport Ferguson's The Everything Shop ...
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...Psychology in the Business World: The Opportunities and Challenges for a Psychology Major 1. Background of the Study 2.1 How can psychology be defined? Ciccarelli and White (2012), defines psychology as the “scientific study of behavior and mental processes”. Merriam-Webster dictionary (2014), on the other hand, defines psychology as “the science of mind and behavior”. It generally is a field that revolves about how and why a living thing act and behave and the processes in the mind that comes with the behavior. The American Psychological Association (2014) furthermore defines psychology as a study concerning the mind and behavior of the human being, involving everything from how the brain functions to why a certain person behaves. Basically, psychology is a field that studies human and their behavior with the goal of analysis on the mind as to why their behavior is such. 2.2 What are the uses of psychology in the business world? Psychology can be used in the business world by means of helping the employees achieve their optimum performance level and still be happy about their job (Society for Industrial and Organizational Psychology, Inc. [SIOP], 2014). Psychologists work in the human resources department, in the managerial department, in the administration, and more. It is use to develop and utilize an employee’s ability to perform even better at his job. Psychology is used to ensure harmony amongst the people in the organization. It is also concerned...
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...people 5. Tracking of goods 6. Tracking of persons and animals 7. Toll collection and contactless payment 8. Machine readable travel documents 9. Tracking authenticity 10. Airport baggage tracking How RFIDS improve efficiency in an operation environment RFID offers advantages over manual systems or use of bar codes. The tag can be read even if it is not visible. Tags can be read inside any container unlike barcodes. The main point where RFID will benefit is the supply chain sector. This technology can improve the effect and visibility; it can cut administrative costs, enhance utilization of the product, and reduce shrinkage, counterfeiting and increase sales but avoiding out of stocks Benefit towards the operation of the business Tracking of Products Businesses can track products at all times. They can also keep an eye on what’s is and inst in stock Enhanced Productivity & Cost Avoidance Identifying items by RFID takes less time than using barcode or other less automated ways. This leads to greater process efficiencies in many tasks such as shipping and receiving Reduce Manually Entry Errors: Since all inventories would be done in an automated fashion. The chance for a human error is less. As...
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...In the world of business there are many types of discrimination. Equal pay/compensation, retaliation, and sex in many instances fall together when an individual files a discrimination case. It is important for the individual to identifying the laws and the verbiage of the law before filing a discrimination case. Equal pay/compensation states that women and men alike are to be paid equally. Pay and compensation is not based on “job titles”, but, on the equivalence of the jobs; “jobs need not be identical” (eeoc.gov, para. 1). The law that puts equal pay/compensation into action is “The Equal Pay Act of 1962 (EPA)” which generally states that no matter if you are male or female if you perform the same duties then you are justified the same pay. The law also states that an employee is due the wages earned for the time that they worked. In California, the case of Gonzalez v. Downtown LA Motors, LP, the California Court of Appeal, Second Appellate District, Case No. B235292 found that the technicians were due pay regardless of the activity being performed while on the working clock. This case stated that the technicians were being unfairly paid and that they were due earnings regardless of the task they were performing. The case stated that the technicians were “entitled to separate hourly compensations for time spent waiting for repair work or other non-repair task directed by the employer during their work shifts” (Gonzalez v. Downtown LA Motors, LP, 2013). The case of...
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...an acceptable level. As defined, risk management process begins with identifying risks and vulnerabilities to assets and is first most important step in risk management process. It involves examination and documentation of the security posture of an organization’s information technology and the risks it faces. Risk identification is important for information security professionals to classify organizations assets- that is, identify, classify, and prioritize them. Once the organizational assets have been identified, a threat assessment process identifies and quantifies the risks facing each asset. Identification of risk and vulnerabilities enable organizations ability to sustain long term competitiveness. For organization to make business decisions it is important to know the existing risk and vulnerabilities associated with its assets. According to Sun Tzu, what two key understandings must you achieve to be successful in battle? Ans- According to Sun Tzu in order to be victorious, you, a defender, must know yourself and know the enemy. Know yourself- It is important to identify, examine, and understand the information systems that are in place in an organization. Information systems that use, store, and transmit information must be evaluated and understood as to how they add value to organization. Also it is important to know which vulnerabilities they are prone to. After knowing what we have and what steps are being taken to protect it. Having control mechanism...
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...Five Guys Burgers & Fries was established in 1986 by the Murrell Brothers. The brothers decided to start a business where they would only prepare “hand-formed” hamburgers that are cooked on a grill and fresh-cut fries cooked in peanut oil. The family was able to gain a great reputation in the area on where to get a juicy burger. In the 90s the brothers were able to open four more restaurants with seating. By 2003 the Murrells were able to offer franchises and sold more than 300 units. Today, there are over 1000 restaurants worldwide and even more to be opened (www.fiveguys.com). Determine how Five Guy’s philosophy set it apart from other fast-food chains. Five Guys has a mission statement that says “We are in the business of selling burgers.” The Murrell brothers believe in selling the finest and freshest food to their customers and they knew that with this attitude they would be able to attract customers. The company does not use mass media commercials, instead they have been relying on word of mouth advertising. Without their customers believing in the business and sharing with others that they have the best hamburgers around, they would not continue to be able to grow. Five Guys chooses to use fresh hamburger meat instead of frozen, all their buns are delivered each morning, and each hamburger is prepared fresh for each customer that enters the store. Other fast food chains have taken different approaches to how they serve their customers. Almost every other chain...
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...Collaboration is work in a group to complete at certain task. Collaboration is like many other things in life a skill. It comes easy to people and not as easy to others. Collaboration is used in many different settings. One is big companies big companies use collaboration to come up with ideas for new products. Students often collaborate in groups to come up with plans and insight on papers and projects. As stated earlier in this paragraph collaboration is a skill and since it is a skill if either the group or even a person or two can cause conflict. Conflict is handled in a professional manner, which will be discussed later in the paper. Collaboration is a skill that is started early in life and is continued on through executives in big companies. Young people collaborate in school to finish a project in a timely manner as well to learn the skill of working as a team. College students work together to enhance the collaboration skills learned at earlier ages as well as preparing for collaborating in the workforce. In the workforce groups are formed to do work as simple as reports or as complicated as creating a new line of products. “Improved collaboration helps to put products out to the public faster. “ Two companies can bring together ideas for new product sometimes better than just one. (Editorial, n.d.) For example soon car companies and oil companies will be tied together closer than ever before” (Blanco, 2007). Another example of big companies working together to...
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...advantage. Since Carla previously knew about Jack’s behavior, the company might take action against her. If Carla turns Jack in, then Jack will probably reveal some of Carla’s poor decisions. She is guilty of stealing, but has a better chance of keeping her job than Jack. I believe her best decision is to go ahead and tell management about both of their situations and keep a clear conscious. 3. Imagine that you are Jack. Discuss your options and what the consequences of each option might be. c. Jack can either keep stealing from the company, work out a deal with Carla, or tell on himself. If he keeps stealing from the company, Jack risks being caught from other employees or management. He would more than likely be fired and in a world of trouble. Jack could work out a deal with Carla, where Carla wouldn’t tell about Jack’s stealing and vice versa. However, both would have to agree that...
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...Business Ethics across the World Have you ever measured that how different countries become closer to one another and it has produced alike views for countries that do business together due to globalization? Through the growth of globalization several ethical issues are getting exposure according to management teams. You can imagine if ethic is dilemma within the country then how about the issues that occur due to foreign language, diverse cultures and number of people involved grows to a global scale. This paper will identify ethical perspectives of two countries, India and China, and how these two articles contribute to understanding global ethics. It will also explain how china’s and India’s business ethics compare to the United States. In journal of business ethics (2009), article “A Chinese perspective: Business Ethics in China Now and in the Future”, describes that China has been at the forefront of growing concern, not only about its products and enterprises, but also about its business ethics. This article analyzes the state of ethics in business in China. China now manufactures or assembles over 50% of the world’s products. However, the world has been reeling from daily accounts of defective “Made in China” products. China has been at the forefront of growing concern, not only about its products and enterprises, but also about its business ethics. This article analyzes recent events connected with the Made in China label from the perspective of evolving Chinese business...
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