1. What is the major decision factor for Rangard and Olsen ? a. Should Rangard and Olsen accept the contract? b. Should they deny the contract for the distributorship or not (go/no go decision) 2. Does distribution through this department store represent a growth opportunity? 3. Should Lancer Galler reposition themselves as a company? . If they do reposition, how will you differentiate your offerings from competitors? 4. What are the product categories in which lancer Gallery competes- what
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Introduction Ethical issues in government contracting range from a wide variety of things, from accepting bribes to collusive bidding. While, there are protocols such as the Procurement Integrity Act and government employees may be aware of the consequences, it is apparent that fraudulent activity in the procurement process is all too common. One of the biggest problems with committing fraudulent acts during the procurement process is that it betrays the trust of taxpayers. There are precautions
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Gallery started in the 1900s. Their headquarters are based in 4 major US cities but they consider Phoenix, Arizona home. They are a large company that have a well-respected reputation for sourcing and selling African and South American artefacts and replicas, along with Native American pottery and jewellery. Problem Definition Lancers current problem as a company is deciding whether they want to reposition themselves. Being a part of such a specialised and particular market makes repositioning a
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DeMarcus Jordan DeMarcus Jordan Jackie Mitchell Marketing Policy & Strategies 3/15/16 Lancer Galley Case Study I. Problem Statement Lancers present problem is figuring out if they should reposition themselves as a company. Repositioning the company is a risky move because Lancer deals with a distinct market. A large department store has contacted Lancer to start mass producing replicas which could ultimately result in a $4-million-dollar increase in annual revenue. Lancer which
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Further, less authentic and more decorative items have allowed Lancer to spread its product line and increase sales volume by offering high quality replica items that are very attractive to the novice buyer. The method of distribution keeps the company in line with its exclusive appeal by only being offered through specialty dealers, firm-sponsored showings, and a few exclusive department stores. In addition, the firm in many instances is the only supplier of like products to its clients. Continuing
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(Tr6)for $10,000. RULE OF LAW: Rule of law for an Offer - is a statement of willingness of a contract on specified terms if accepted, it shall become a binding contract. Argument/Counter Argument: firstly, the advertisement was public to the eyes of citizens and it will attract interested outsiders, because of an invitation to treat. Whereas, Chris acceptance to the advertisement leads to a binding contract with the offeror, Tom. After he saw advertisement he immediately posted an acceptance letter
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steps in evaluating the competitors. Would Ellie make the right decision by accepting Ms. Carton’s proposal for the restaurant linens account? 2) What are the reasons? * Camille Coverings is owned by the daughter of one of the board members of Mesquite Muchines * The bid proposal process was skipped entirely, the information was provided directly to the CEO via her father * The competing company’s contract is coming to an end as this may provide an opportunity to change vendors
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email, over the phone, or in person; Opening a package that says you are accepting by opening it; or Activating your Service. When you accept, you're representing that you are at least 18 years old and are legally able to accept an agreement. If you're accepting for an organization, you're representing that you are authorized to bind that organization, and where the context requires, "you" means the organization. By accepting you are agreeing to every provision of this Agreement whether or not you
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in the both cases. In saying that “Shop available for sale”, Vladimir did not show a will or intention to be bound in a contract. An offer is made when one party makes it clear by verbally, written or by actions and it is quite different to the invitation to treat, though it is not easy to distinguish between two. This is as in the case of Carlill v Carbolic Smoke Ball Company [1892]², the court of appeal argued that the advertisement in this case is not an invitation to treat but an offer.
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Abstract This report will expound on contracts and agreements by explaining about offer and acceptance, along with agreement and enforceability at law and how it affects persons involved. One can be easily mislead if they are not aware of rights and obligations, misconception or misinterpretation can result in lawsuits. It will talk about advertisement and the perception of the viewers, as well as the legal obligations of the advertiser and customer. Deals Too
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