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In December 1991, NSI contracted to provide laundry service for Secrist’s nursing home for a three-year period. Secrist used the service until March 1993, when she unilaterally terminated the contract without NSI’s consent. The written contract provided for liquidated damages in the event of an unlawful termination. The damages were 40 percent of the anticipated gross receipts under the contract for the unexpired term—30 percent for overhead and 10 percent for profits. NSI sued to collect the liquidated damages. The trial court found the liquidated damages provisions of the contract excessive because they included 30 percent recovery for overhead after fifteen months of contract period had been completed. Was the trial court correct in rejecting the overhead portion of the liquidated damages clause as excessive? Explain.
time between arrivals at state revenue office is exponential with mean value .05 hour. Office opens at 8:00am. Write exponential distribution which describes interval time.
Assume you have a choice to work for either a globally integrated enterprise, a met national a glorecalized MNE, a micro-multinational, or a cyber corp. Which would you choose? Why? Based on the material presented in the chapter, what sort of environ..
Your product launches typically reach 70% ACV distribution in 13 weeks. This is best in class. Of the moms that will likely buy your product, and saw your advertising, how many can buy the product based on your distribution?
Briefly compare and contrast the concepts of needs, wants, and demand, explain with the help of examples keeping an eye into your surroundings. Discuss how these concepts relate to marketing practices
What tools can you use to be more persuasive? Give an example where you have persuaded a friend or a work colleague to agree with your perspective.
Flying Monkey Enterprise and Planes Inc. separately approach you (Magical Financial Consultants) to design a lease. The specifics are as follows. Lessee: Flying Monkey Enterprise. Incremental borrowing rate is 12%. Lessor: Planes Inc. (A plane man..
What are the internal and external cultures of an organization and how do they affect management? How Important is management really and can we distinguish it from leadership? Who is Barry Schwartz and explain what might be the relationship between h..
Assume that you are the leader of a virtual team that includes members who are in New York, Bogotá, Honolulu, and Tokyo. You would like to choose a day and time for a weekly conference call to keep the project on track. Choose a day and time and expl..
Allan Jones sold a ski shop franchise to Edward Hamilton. Although Mr. Jones did not contribute equity to the business or share in the profits, he did give Mr. Hamilton advice and share his experience to help him get started. Most of Mr. Hamilton's c..
Think of a time when you faced an ethical dilemma at work, at school, or at home. Be sure to choose a situation in which you had to choose between two or more options, each with negative consequences for you or someone else. What values were involved..
Pretend you are managing an Urgent Care Center. Define, in your own words, De-Bottlenecking, and discuss how this could potentially impact operations at said Urgent Care. Provide examples to substantiate and develop your ideas
Illustrate what types of scheduling decisions is management likely to encounter in subsequent operations. Describe scheduling decisions in terms of types of resources to be scheduled also associated consumers or jobs scheduled.
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