In this particular situation, from my perspective as the furniture manufacturer, I believe that negotiation would be the best means by which to solve the problem with the store owner. By using negotiation, the furniture store and my manufacturing business may be able to reconcile and continue dealing with each other after we have resolved the issue. With negotiation, the tone is not very formal, outside legal counsel is not required, and the parties to negotiation set their own terms, making it generally more cost effective and efficient than other methods. By comparison, in the case of arbitration or litigation, the proceedings are far more formal and expensive, the process takes much longer, and in the case of litigation in …show more content…
Therefore, due to the potential harm this holdup may cause, I would offer a formal apology to both the store owner and the store’s customers in this situation. An apology letter may calm the customers down and may keep them motivated to remain on the waiting list. Since apology law protects this from being seen as an admission of guilt in Ontario, this may help to facilitate reconciliation. Upon negotiating, I would agree to offer some of the money that will be lost due to the breach of contract while my business seeks out a new supplier. I would also assure that a written contract with the supplier will be created so that the store owner can be assured that my business is making steps to ensure that an issue such as this one will not occur again.
It’s not likely that the furniture store would be able to fight my business “all the way to the Supreme Court of Canada”. The simple fact of the matter is that in any legal action, there is no inherent right to the Supreme Court. Very few cases are heard by the Supreme Court, and they are often the ones that deal with very serious injustices, and usually pertain to criminal matters. Thus, the Supreme Court would be very unlikely to hear a breach of contract case involving two small businesses. As well, a significant proportion of civil cases do not move past the Discovery stage and actually proceed to trial. When a
1.3. In order to estimate the peso discount rate, assume that the International Fisher Effect (IFE) holds. Groupe Ariel's Euro hurdle rate for a project of this type was 8%. Assume that inflation rates are expected to be 7% in Mexico and 3% in France.
4.12.1. Project objective: To Expedite Change for Aegis Training Courses to ensure students are equipped with the most up to date information to carry out their duties at Sea;
Can you explain why the store did not take pictures of the incident scene and the plaintiffs’ shopping cart? This question would cast doubt on if the store was trying
The case is about The Sports Guy which is an independent sporting goods store owned by Bob “Rocky” Rhodes; his business is in the retail sporting goods industry. The store is located in the south part of a small town which is just outside the Greater Toronto Area. The town has been growing rapidly for the last few years and the area around the store has become a prosperous neighbourhood, making their location a busy commercial area. The Sports Guy store sells sports related clothing and equipment. About 70% of their sales consist of equipment and uniforms bought by local teams, and 30% of sales consist of regular (walk-in) retail trade. The store’s sales have increased over the years
c. Estimate the value of Mercury using a discounted cash flow approach and Liedtke’s base case projections.
Answer: In our judgement, PepsiCo did not have a moral obligation to divest itself of all its Burmese assets. The reason being:
Kate is the owner of a successful business, selling women’s shoes. Her business is expanding fast and she wants to upgrade her business structure to a more appropriate one. What would be your recommendation to Kate and why? What are the factors that influence you with this advice?
In the past, the booming economy had allowed for year to year increase in their sales because people had larger discretionary incomes. But due to the recession, smaller independent retailers had to markdown their items in order to stay in business because designer outlet stores are getting more traffic; so will Harry Rosen follow in suit? Or in order to maintain the integrity of the quality products they offer, will they continue their higher pricing and settle for a lower market share?
Peter Nicholson wishes to convert the factory in the north east to production of the electric taxi. Using data in Appendix C, Table 1, calculate payback period and the average rate of return.
Spokane Industries has contracted Franklin Electronics for an 18 month product development contract. Franklin Electronics is new to using project management methodologies and have not been exposed to earned value management methodologies. Even though Franklin and Spokane have worked together in the past, they have mainly used fixed price contracts with little to no stipulations. For this project Spokane Industries is requiring Franklin Electronics to use formalized project management methodologies, earned value cost schedules, and schedules for reports and meetings. Since Franklin Electronics had had no experience with earned value management, the cost accounting group was trained in the methodology in order to bid for the
Handle the situation and do not let it get any more out of control than it currently is. This sounds the brewing of a perfect storm for customer service and relations. It is ultimately reflecting poorly upon the company. The V.P. should make the distributors and retailers know that this behavior is unacceptable and Handy Andy does not endorse this kind of business in relation to its valued customers.
Cross-functional teams are vital in many businesses, because it increases productivity, enhances communication between departments, and leads to overall success in a company. Boldflash is a company that has fallen behind on this front, and is thus struggling to keep up with its competitors. Roger Cahill, the new vice president of the Mobile Division, is faced with the challenge of finding a way to restructure the departments in his division in order to increase productivity and improve the product development process.
In reading the first article Coach Knight: The Will to Win, I found the article found Coach Knight to be very offensive and mean to his players. Coach Knight did not display good leadership skills. According to the article, Coach Knight’s drive and passion for excellence was not always received as well as his record of wins and losses Snook, Per low, Delacey, 2005).
This case discussed the events that occurred during a change in DSS Consulting’s organizational structure. Three retired school district administrators established DSS Consulting during the late 1990’s. The company offered administrative support to small school districts located within the mid-west and mountain west region. They specialized in handling the negotiating of labor agreements as well as implementation of permanent system solutions designed to enable those organizations to run efficiently.
Mr. Alfaro Burgos, the vice president for sales of Dyners Corporation. It is a family firm that manufactures stainless steel and silver plated tableware. After some time, the inventory of the company showed a shortage. He discovered some mispacking of silver plated tableware in the warehouse of the corporation. He hired an industrial security firm to investigate the deprivation in the warehouse. It did not take long for the agent to discover the truth. Karlo Deles, the warehouse supervisor was the man behind the internal