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A signs a contract for snow skiing lessons and the contract read that it is “non cancel able” and that “no refunds will be made under the terms of the contract.” The ski lodge informs A that A has a “great potential to become a world-class skier,” and consequently, A signs further contracts with the ski lodge for ski lessons. As time progresses, A spends $7,500 on ski lessons and has signed contracts, containing the language mentioned above, and paid $12,000 for future ski lessons. A is hit by a fast-moving snowmobile and is injured to the extent that skiing is no longer possible. A seeks return on the $12,000 paid for ski lessons that A will not be able to take. The ski lodge says that this is a risk that A assumed in signing the contracts and paying in advance and furthermore will not give a refund because of the terms of the contract. A sues the ski lodge. Who wins? Does the doctrine of impossibility apply? Should the court imply a condition of “good health” into the contract for the ski lessons?
The development of MCOs has been influenced by the type of market they serve. For example, BCBS companies moved from primarily a service plan provider to a multiproduct line that includes HMO, PPO, and consumer choice plans. Examine how public policy..
A movie studio sells the latest movie on DVD to Blockbuster at $10 per DVD. The marginal production cost for the movie studio is $1 per DVD. Blockbuster prices each DVD at $20 to its customers. What is the profit that the studio makes given Blockbust..
Describe the organizational structure that results from each of the different bases of departmentalization. What implications does each of these structures have with regard to the distribution of authority within the organization
What is social media and what are some of the social media tools used by businesses?
At the Drucker School, creativity and innovation are at the core of what we teach. We pride ourselves on giving our students the tools and knowledge they need to find creative solutions to management problems. With this in mind, discuss a time whe..
Determine two key ways in which Richard Branson is likely to motivate employees in order to achieve his goals for the Virginia Group. Indicate whether or not his approach is likely to work in a different organizational setting. Provide support for..
What are typical manufacturing supervisors' challenges, frequently created due to no fault of their own? Under newer, nontraditional manufacturing and operations methods, how can these problems reduce?
Designco Pty Ltd designs, manufactures and distributes craft kits for children. Children use the kits to construct balsa wood models of animals, which can be painted. The directors of the company are Ian and May. Ian and May are also the only shareho..
Choose an advertisement that exhibits the five elements of the Creative Pyramid (provide a page number or link for the class). Explain your choice. What is the big idea of this ad? Why do so many good ads lack one or more of the five elements?
Consider an organization with which you have been affiliated as an employee or a member, such as a business, church, sorority, and the like. Provide a short overview.
A motorcycle manufacturer is determining its production schedule for the next 6 months. The cost of manufacturing a motorcycle during each month.
Identify and explain the indirect financial benefit from a bariatric center of excellence to various hospital departments, which would result from this hospital based program.
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