Essays on Warranty

Business

Part One 1. A pure competitive environment is a business environment where similar businesses sell the same product. Electronic City operates in a pure-competition environment. This is because it sells similar products and its only means of earning more profit is by distinguishing the products either by price, quality, promotions and many other options. I tend to say this because according to Phil, Electronic City is among just a handful of national chains selling the same products. A pure competition business environment exhibits cutthroat competition between businesses. According to the article, the environment was competitive on price where the margins were ...

Question1

The full revenue recognition ensures the matching principal is met. It establishes the accounting period where the expenses and revenues are recognized. In the case of the sale of an extended warranty, the method ensures all the cash is received at the period when extended warranty is sold. This method can be used to attract investors in the future because Circuit City Stores can manipulate this method to make their financial position better.

The deferral of revenue method could require the Circuit City Stores to change its accounting for extended warranty and product maintenance contracts. It could also ...

Apple care is an insurance policy for the devices manufactured from the apple company. A person is supposed to pay up-front cost that will be applicable in covering any forecasted problems. This insurance plan is comprehensive, as it extends the period of the hardware coverage in terms of both the repairs and support. In this regard, every iPhone is known to be accompanied with a year that will facilitate hardware coverage in terms of any repairs, through the limited apple care warranty along with a maximum of 90 days, which are applicable in complimentary support (Baig, & LeVitus, 20). The warranty ...

The Regulation of Federal Acquisition (FAR) section 46.703 basically envisages the law of warranty. This statute sets the reasons for the need for warranties, defines the types and gives the scope and overview thereof. The first segment of this law gives the scope and overview of the warranty requirements. It gives Program Managers (PM), Logistic Managers (LM), Contracting Officers Representatives (COR), Contracting Officers (CO) and Project Officers (PO), together with others who are responsible for the implementation and development of warranty guidelines and steps to this great task. For example, the first step to developing a warranty is establishing a warranty ...

Overview of the IT Functions at Terra Firma Medical Systems

The Terra Firma Medical Systems IT & Operations organization consists of departments where a matrix reporting structure is employed and where each function has its own global and functional managers (Singapore Management University, 2011). Business-IT Solutions teams are established to support the 4 product service divisions as well as the Corporate Administration group, which includes strategy, legal and regulatory affairs, and corporate finance. These IT teams are tasked with identifying the needs of the users in their respective business units and developing the corresponding solutions, examples which include either the development of new applications or the addition of enhancements to ...

Abstract

Warranties are present in the sale of goods or services. When statements are made expressly they give rise to express warranty. When statements or promises are not expressly made rather they arise from the situation of the sale it is an implied warranty. Warranties can be disclaimed by the choice of words used by seller. An express warranty arises from statements of fact made by the manufacturer to the buyer. These statements are expressly made to customer, mostly done in writing. The warranty is made by seller to buyer when he makes the affirmative statement or promise. The ...

Implied Warranty: Uniform Commercial Code Section 2-314 defines implied warranty to mean that the goods sold shall be of merchantable quality unless excluded or modified in the relative contract. This section also includes food or drink served for consumption on the premises or elsewhere as a sale. Implied warranty therefore recognizes the following assumptions for goods to be deemed merchantable: (a) the goods shall be passed without objection in the trade as described in the contract. (b) if the goods are fungible, they are of fair quality as described in the contract. (c) the goods are fit for the general purposes for ...

THE MODERNTECH CORPORATION

Dear Mr. Foster,

The Moderntech Corporation appreciates you as one of our most loyal and consistent customers. Your devotion to the products of this company is quite inspiring to all staff members of the corporation. We have received a complaint from you about the $1000 piece of equipment that broke and your request to cash in on your warranty privileges. I am very sad to inform you that you will not be able to cash in on your warranty privileges in this particular occasion.

The main reason for this decision is the fact that our warranty offers have an expiry ...

Knarles and Barkley Case Study

Liabilities under Contract Law Chetum vs Knarles & Barkley Fact: Knarles wants to repudiate a contract between Chetum and Barkley.

Issue: Breach of contract. Chetum entered into a contract with Barkley that Knarles, Barkley’s father and business partner, refuses to accept. Does Knarles repudiation of the contract constitute a breach of contract?

Rule of Law: A contract must have the following elements in order to be enforceable: (1) mutual consent, manifested by offer and acceptance, (2) consideration, (3) legality of object, and (4) capable parties (Calamari and Perillo, 1998). Application: Barkley sent a contract (offer), which Chetum signed (acceptance), ...

BUSINESS LAW

Part A: Question 1 Using the four-step process, discuss the element of agreement required for the formation of an enforceable contract. Have Sensational Sails and EquipU reached an agreement regarding the sale of the Italian machinery?

Identifying the Legal Issue

Bill and Ben are best mates and love to sail together. They want to turn their sporting interest into a business. They decide to start their own company called Sensational Sails Pty Ltd (Sensational Sails). Bill and Ben design and manufacture sails for all size yachts and supply wholesale to retail outlets. Their company becomes highly successful and soon they need more sophisticated ...

On purchasing a product, the involved people in the chain of distribution that includes the manufacturers, distributors and retailers assure the buyer of the product’s safety. Taking a warrant on a product is very crucial since it assists a buyer to claim incase the product has defects or fails in one way or another. Consumers should always rely on warranties in order to protect themselves from problems with goods and services (Mann & Roberts, 2006). One type of warrant that applies to sale of goods is the statutory warrant. This type of warranty protects consumers since it contains rights and obligations available in ...

If the choice is between renegotiation and termination, Missan should renegotiate rather than terminate the contract. Unilateral termination may not be available to the company because of the weak grounds for its justification. It can, additionally, expose the Company to risk for potential wrongful termination, which can result to liability. On the other hand, a renegotiation can give Missan an opportunity to set new terms that are more favourable to it, taking into account the present circumstances.

Repudiatory Breach as Justification for Termination

Missan can only terminate the contract with Depeche if such termination can be justified, otherwise it may be exposed to liability for wrongful ...

The case in study is about a conflict that existed between J. McGuire a construction/framing company owner who was the customer in this case and H. Hughes of H.H hardware. The case involves a saw which J. McGuire bought from H. H hardware and got broke in the process of usage before the warranty period expired. When J. McGuire came to back to the hardware to claim a replacement as he was told that the saw had a warranty, his comments were ignored by the manager claiming that the warranty was only for those who used the saw for un-professional services. The case study ...

1. What are the elements of Bankruptcy under Chapter 7, Chapter 11, and Chapter 13? Identify the key differences. Provide an example for each.

The elements of bankruptcy specified in Chapter 7 have to do with the sale of a debtor's property in order to pay off debts. Put simply, the debtor sells of non-exempt holdings to pay creditors. The elements of bankruptcy specified in Chapter 11 on the other hand, have to do with the reorganization of the organization. Put simply, the debtor files for bankruptcy which in turn allows him to continue with the organization and pay off creditors over a period of time. Lastly, the elements of bankruptcy mentioned in Chapter 13 involve bankruptcy protection. Under this law, the debtor has ...

Communication: Letter of Request for Refund

222 Brumaelia Dock

Boardwalk Place

Miami 220778 FLA 202 Whitehall Crescent

Trevenion Housing Complex

Everglades Whitesand FLA Dear Mr. Bower We are in receipt of your letter of April 15, 2014, and your concern has been duly noted. However, your request for a refund of One Thousand Dollars ($1,000.00) for the equipment that you bought from this store cannot be granted. A review of the company’s policy at this time to facilitate your request would be impossible. When a customer makes a purchase the terms of agreement in the document are read and discussed and upon agreement, is signed. As soon ...

For Electronic Arts, Inc

Our Professor Transmittal Andrew Wilson, CEOElectronic Arts, Inc. 209 Redwood Shores Parkway

Redwood City, CA 94065

Dear Mr. Wilson: As agreed during our meeting on November 15, 2013, attached herewith is the report on the customer service problems being experienced by your company. The report examines the causes and effects of the company’s customer service problems and provides recommendations on how these problems can be addressed. I hope you find this report satisfactory. Sincerely yours,

Executive Summary 4

Introduction 5 Problem Statement 5 Method Used 5 Findings 6 Product 6 Service 6 ...

The main warranty theory which is best suited for the partners is the breach of warranty theory and the breach of contract. The breach of warranty highlights the damages which are available to the disappointed buyer when the specific seller has breached the article which explicitly stipulates the qualitative warranties. Therefore any buyer who has allowed nonconforming products and follows the other conditions prior to his or her to recover the goods has the right to claim warranty.

On the other hand a breach of contract claim exists when the seller fails even to deliver the products when the need ...

Executive Summary

ProService Company LLC will operate in Tysons, VA to provide high-quality services for Washington D.C., Maryland and Northern Virginia (DMV) area. Company’s Address is 1800 Spring Hill Rd. Suite 310 Tysons, VA 22812.

A2. Mission of the Company:

The mission defines the essence of the organization and consolidates staff around this idea. We can even talk about some programming the staff to achieve and implement this idea. The mission of ProService Company LLC is to provide our clients with excellent means of modern, simple and reliable resources of global computerization. We also tend to solve the unsolved problems innovatively.

A3. Business Goals:

The company’s goals ...

In the context of real property, a quitclaim deed transfers or disposes only the interest that the grantor/owner has in the property (Hinkel, 2011). This means that whatever title the grantor has at the time of transfer, they pass it to the grantee. In such regard, in the event that at the time of transfer the grantor does not have title to the land, should the grantor later get the title to the property the grantee cannot claim the property. Additionally, a quitclaim deed does not have warranties of title and is transferred free of encumbrances.

Dr. Patel might see ...

Therefore, the regression equation for the staff costs vs. Sales becomes

If the sales increases by 1 million then the model predict the staff, cost will increase by 14.942497 million. The line of best fit indicates a positive linear relationship between the staff cost and sales. The convergence of the points towards the mean further shows little variation in the various factors/variables that determines the staff cost in the company. There is little erroneous data indicated by a single outlier at the upper right corner of the chart. The coefficient of determination further a test to a god fit to the data ...

Part A

Facts In the following case, two persons purchased a defective smartphone Samsung S4 and experienced the same overheating problem. Ashley Adams left his smartphone plugged into electric socket. When he returned, he found out that the phone had overheated and exploded, burning the bed sheet. An independent expert stated that overheating occurred because of the defect in the phone. However, Samsung, after a technical investigation found signs of internal corrosion on the circuit board and charger port, which was caused by liquid contamination. Samsung stated that liquid contamination could in rare instances cause the overheating of charger port. ...

In an action for the recovery of the amount paid to Fast Food, there are various warranty theories that Jane and David can apply. The first of these theories is the implied warranty of merchantability. In this case, the two can rely on the condition that posits that the food or drink sold must fit the ordinary purposes for which it is sold. In this case, the buns fail to meet this criterion because they are not in a suitable condition for making the hot dogs. The second warranty that Jane and David may rely on is the implied warranty ...

Megahouse Electronics Company,

45B North Carolina 7th street, Mondlane Avenue George Hemmington 132 California

Old Washington estate

California. RE: INABILITY OF THE COMPANY TO REPLACE/REFUND THE REFRIGERATOR The company regrets to inform you that it will not be able to offer a refund or a replacement for your refrigerator as requested. The warranty terms clearly stated that a refund or replacement could only be facilitated if the damage happened within the first year of purchase. The above mentioned equipment has been in your possession for over two years and does not, therefore, qualify for the warranty services. The denial of the warranty does ...

Introduction to Operations Management

Introduction Any self-sustaining organization, whether public or private that endeavors to generate enough revenue in order to offset the cost of operations and make profit must set specific objectives for its operations. Operations performance managers utilize different performance objectives in order to track and monitor the performance of their respective organizations. It is upon the manager to decide whether the priorities of the organization demand a balanced approached towards the performance objectives or a focused approach where the operations manager focuses on one of the five performance objectives (Kachru, 2007, pg.271). Besides the priorities of the organization, this decision ...

Recommendations: Thicketwood should purchase the new CNC router offered by High Tech Inc. Company’s manufacturing should be adjusted according to the increasing demand and the new capacity.

Short/Medium Term – Immediately to One Month

1) Thicketwood should purchase the router from High Tech. This machine offers a reduction of expenditures on line workers and maintenance. The price difference with the router from TDL Products Co. will be covered within the life span of the High Tech’s machine. Moreover, longer life of the High Tech’s router and a service warranty reduce the uncertainty of future operations. 2) Adjust Thicketwood’s staffing. Reallocate three current line workers ...

WRITING IMPROVEMENT EXERCISE 6

Writing Bad-News Messages

Passive Voice: A major error was made in the report. (simply states that a mistake was made without “pointing the finger” at someone – softens the sentence)

Active Voice: We accept returned merchandise only when you provide a sales receipt.

Passive Voice: Returned merchandise is accepted only when a sales receipt is provided. (by taking the people out - we & you – the focus switches to the things – merchandise & receipt)

Convert the following active voice sentences into passive voice:

- You cannot have a cash refund for merchandise that you purchased 30 or more days ago.

Cash refund is not allowed for merchandise purchased for 30 or more days.

- We can’t allow you to attend the conference because our budget has been cut.

Attending the conference is not possible due to the budget cut

- I am unable to accept your speaking invitation because of ...

Introduction

Packaging is a critical factor in the marketing of a product, as it is in essence the covering that the manufactured goods comes in. the customers go to a store after all the advertising and promotion and select a product based on its casing, the smell and the touch. They have no idea what is inside or what the package really contains. Therefore, all marketers and business enterprises need to ensure that their packages are attractive and get the attention of the customers when it is displayed with other products used for the same purpose. It should draw the customers to your product ...

Market Analysis

Company: EMWATCH INC. is a manufacturer and seller of multifunctional wristwatches. Its product is based on integrative technologies that enable the watch to support multiple functions such as camera, mp3 players and cell phone in addition to providing the traditional function of a watch – telling time. The company relies on the uniqueness of its product to compete in the mid-range wristwatch market. The design of the product as well as its marketing strategy is developed personally by the company’s top management. The company’s mission and vision statements focus on adapting state of the art technology for their products and ...

Individual report on simulation exercise- Glo-bus

Introduction Generic strategy

Undeniably, marketing strategies for different enterprises are streamlined to develop competing strategies comprising of promotions, pricing and advertising. As such, our financial strategy focused on creating a one star level camera to be dispensed to our consumers at lower prices. In addition, the strategy purposed at developing a 4 star camera to be utilized by stylish customers. Deductively, the uniqueness of our pricing and quality facilitated maximization of our returns since our prices were relatively cheap, hence affordable. Moreover, multi-featured cameras we produced would offer a competitive edge for our products and hence promote our company's brand.

Our ...

Introduction

The term Artificial Intelligence (AI) refers to a technology whereby intelligent agents are studied and created (Poole and Mackworth 9). In this case an intelligent agent is a structure that senses its surroundings and acts in such a manner as to maximise its chances of success. The origin of AI was in 1956 where John McCarthy described it as a science of creating thinking machines (intelligent machines). The technology comprises of eight different areas that are currently researched on and are wide in their own rights. The fields are: expert systems; decision support and planning; speech recognition; natural language processing; computer aided instruction; ...

A contract is one of the critical agreement that people and organizations go through on daily basis. It is worth noting that organizations and people go into a contract based on various reasons. There are critical components that must be considered when making some agreements. In analyzing the case study one, it is crucial to put into consideration various elements that must be considered for an agreement to be a contract. Some of the elements include acceptance, offer, consideration, as well as the intention of legal consequences. In case study one, there is no contract. These are based on the fact ...

Following The American Psychological Association’s Guidelines

Abstract Most buildings once completed take at least one year to settle and require repairs and maintenance. However, many older multiple dwelling buildings have suffered unforeseen issues. The most common problem is water ingress through the building envelope. The reason why residential buildings are critical and require closer and immediate attention is because these buildings belong to people who have invested their life savings into them for comfort and spend most of their time in those places. Commercial and industrial buildings do not require as much attention and their environmental separation requirements vary because they are only occupied ...

Business Law Questions

Business Law Questions

This is the most suitable theory for the partners and the breach of contract. The breach of warranty highlights the damages which are available to the disappointed buyer when the specific seller has breached the article which explicitly stipulates the qualitative warranties. This implies that any buyer who unconditionally allows products that are nonconforming and who also follow the other conditions before he/she recovers the goods has the right to claim warranty.

Consequently, a breach of contract claim exists when the seller fails even to deliver the products when the need arise. This implies that in order ...

Introduction

Since time immemorial security, agencies have been practicing the act of stopping and frisking people when they suspect that victims might be armed or have illicit materials. For example, in the Terry v. Ohio (1868), Terry a police officer saw three men who looked suspicious and acting in a manner likely to suggest they wanted to rob. Upon stopping and frisking them, he found a gun with one of them. Although there was no probable cause, the police acted on suspicion, which later led to the arrest of three people (Eterno 38). The Supreme Court judge held that although the move by ...

The rivalry between the muscle cars Ford and Chevrolet is comparable to the rivalry of the baseball teams Yankees and Red Sox. These two special cars have been through a lot of changes over time. The cars have been put away from the limelight for some time. Despite the challenges these cars have been through, the decade long rivalry since 1967 between the two cars was never forgotten (Edelstein). Recently, the Ford Mustang unveiled its 2015 model as a rival to the 2014 Chevrolet Camaro. The battle between Ford Mustang and the Chevrolet Camaro keeps the auto performance alive and continuously ...

Katz v. United States (1967)

In 1967, the security agents, FBI arrested Katz and charged him for conducting illicit gambling activities from California to Boston and Miami. The FBI placed a listening and recording gadget on the telephone booth and listened to Katz illegal conversation. In the Southern District Court found Katz guilty and sentenced him. The defendant appealed against the case, but the court of Appeal affirmed the charges. Katz appealed for his case to be ruled by the Supreme Court.

Issue

The issue, which Katz seeks a review of the ruling is the government has no right to wire-tape a public ...

We have determined several accounting issues with regard to the overall operations of Keystone Computers & Networks (KCN). The effects of these issues to the net income are summarized as follows:

- Ringo Company receivable (30,800) - Inventory (24,100) - “Bring your daughter to work day” litigation -0- - Unearned service revenue -0- - Account receivable from officers -0- - Prepaid advertising (15,000)

The detailed examination of these issues are highlighted below:

Issue 1: Ringo Receivable Proposed Journal Entry Bad Debt Expense $30,800 Allowance for Doubtful accounts $30,800 Computations We believe that a range of $ ...

Best Buy Computer Shop

789 6th Street, 5th Avenue

Chicago, Illinois 60629

568 9th Street, 5th Avenue

Chicago, Illinois 60629

Re: Request to Refund or Replace HP Spectre XT TouchSmart Dear Mrs. Smith: First and foremost, thank you for patronizing our products through your regular purchase of different computer products and peripherals from Best Buy Computer Shop. We really appreciate your continued support and patronage. Secondly, in response to your letter dated November 5, 2013 requesting for a refund or replacement of the HP Spectre XT TouchSmart amounting to $1,200, as the sales manager, I regret to inform you that as per company policy, we could ...

Business marketing is the custom of organizations or individuals, such as commercial corporate, institutions and governments, easing the sale of their services or products to other organization or companies that either trade them, employ them as components in services or products they offer, or employ them to sustain their functions (Michael D. Hutt, 6). Also identified as industrial marketing, it is at times referred to as B2B markets (in short) or business-to-business marketing. (Note that Business-to-government marketing is significantly dissimilar to marketing to government bodies that shares various same changes of organizational marketing.) This paper, will talk about; the ...

The Software Company wishes to recognize revenue immediately after installation of the software and before the end of the three months warranty period. However, the software must run successfully during the three months period; otherwise, the contract would be revoked or the company would install different software. The company should not recognize revenue after installation of the software. This is because at this stage revenue has not been earned. The software renders service to the medical goods industry. However, the medical goods industry gains economic benefits; this should be a guide for the software company to recognize revenue. Revenue ...

EULA:HEALTHCAREALERT.COM

HealthCareAlert.com is a company specializing in the creation of Smartphone applications to help individuals using the application gets updated in any health threat and providing possible solutions thereto. Basically, the application identifies any health threat near the user then provides reality news where these threats are. It is also a capable of identification of hotspots and cluster spots where these threats are. For a customer to use the application, he needs to register and provide personal information to the company before getting access to the application. All activities related to its use are bounded by the company’s Application End-user License ...

Undeniably, implied warranties have a duration of four years. This duration may not be specified by the California State laws, but it is the most applied duration when it comes to the implied warranties. This is because the state’s statute for breach limitation of the implied warranties are usually given a duration of four years from their date of purchase. The implied warranties do not ensure that the bought product will necessarily have to last for the four years or any particular duration (Constance and Craig, 194). An implied warranty can be defined as a promise about the state of a bought ...

P and I Rule Book. According to the American P and I Club Rule Book, there is a clause about claims that are payable at the discretion of the Directors. Section 20 of the Rule book, titled “Ominbus” clause outlines that there may be circumstances where the Directors may choose to pay on claims that they collectively decide should be paid.

If the liability is not excluded elsewhere in any of the previous nineteen clauses, then the Directors can choose to pay a claim. This seems to be a fair way for the organization to establish that there may be unusual ...

Interactive Persuasive Thinking

Interactive Persuasive Presentation Communication is essential for every organization either internally or external. For every organization to carry out their processes well, there is a need for an organization to ensure that the communication in an organization is going on perfectly. Hence, there is a need for the organization to ensure that the communications methods are as cheap as possible in order for the organization to minimize its cost to the minimum. Cost is not just an issue as one may come across deals that are cheap but not effective. With these, there is need for the organizations to ensure ...

Abstract

Skylux Construction Company intends to provide high quality services to its customers. Marketing is a very important exercise that every business should practice, and consequently, well done marketing is reflected in the increase in sales. Skylux Construction Company has a marketing campaign that is meant to promote their services to its target clients in the most effective way. This paper explores the intended target market, competitors to the business, and the promotional plan for the company.

The paper will put out a detailed plan on how it intends to attract and retain customers. It will also give a budget of the marketing ...

A Knowledge Management (KM) system refers to a system for managing knowledge in organizations to support the creation, capturing, storage and the dissemination of information (Fuller 2002). In as much as KM has become a widely accepted business practice, many companies are still struggling to measure the gains it purports to offer. In these uncertain economic times, there is the urgent need for KM to show the value that knowledge sharing and its re-use bring to the company. There is the need to use measures to derive metrics that show performance and efforts. The measures outline the ...

1.0 Introduction

When the concept of green building emerges, environmentalists and researchers automatically assume the solutions lie on materials and their constituencies in buildings they are part of and the lifetime of the building. Exterior material directly in contact with the environment and natural elements may enhance the sustainability of the building, but may greatly impact the functions of nearby ecosystems. Hence building sustainability and environmental maintenance are not exactly interchangeable, and yet these terms are often utilized mistakenly. The pioneers of environmental constructs are not confirmed, although architectural historians suggest they date back prior to Ancient Roman times. Architects took ...

Victoria Secret is renowned lingerie retailer in America. It also sells beauty products and women wear through its many stores in U.S. The company is also known for its wide use of catalog and website to sell its products (Prezi 1). The business is expanding to Rio de Janeiro, Brazil. Rio is a vibrant economy that can support most of the businesses especially in apparel. Some of the factors which have made Victoria Secret to open up a new line at Rio de Janeiro include globalization and democratization of culture in a constantly growing middle class economy (Baitel para 3). Although this ...

I like shopping too much though I hate impulse buying. Just like anyone else who strives to lead a decent life, I am compelled to always incur both fixed and current expenses. With regard to current expenses, I am not able to account for the current expenses I have incurred since 16th January 2014. As a matter of fact, in the past one month, I have bought many items on daily basis. However, I am able to identify belongings I have acquired over the same duration but whose acquisitions are made once and can only be replaced after a relatively longer period ...

INTERNATIONAL BUSINESS/ GLOBAL BUSINESS PLAN

1.0 Executive summary The illuminator is a business that deals with the household appliances. Through the help of the management, the business has decided to go to the outskirts to expand on its markets and increase the sales (Barrow, C. 2011). By concentrating on its SWOT analysis, the company has found it best to have other branches in India. After having conducted an adequate research, the business has decided to move out to India and provide some of the household items like the fridges and cookers. The following business plan will direct the company in establishing itself there ...

Toyota Motor Corporation is an automobile producer based in Japan. Globally, the company has about 338,875 employees as of march 2014 (Toyota Global). Moreover, in the year 2012, Toyota Corporation was the biggest automotive manufacturer in terms of production (OICA correspondents’ survey), when it has produced more than 10 million vehicles. In the year 2014, the company was ranked as one of the biggest companies in Japan in terms of revenue and market capitalization. For several years, Toyota has produced many of the most innovative and the best cars in the world. Moreover, the company is a leader in ...

Position statement4

Misrepresentation of facts.4 Negligence.5 Corporate Decision-making...6

Summary

General Motors Company deals with automotive, in most cases, vehicles. The management was aware of the problems with the ignition switch which could force cars to shut suddenly down, disabling their steering. In practice, this could bring about an action on strict liability against the company by the consumers. According to the law, the producer incurs strict liability whenever there arise safety ramifications which the producer is aware of. In this case, it is apparent that General Motors is aware of the defects and the harm they could cause to the ...

MEMORANDUM

RE : PHARMACEUTICAL LAW AND LIABILITY Dr. Frankenstein may be held liable for products liability in the event that he fails to comply with regulations of the US FDA regulations. There are three theories under the product liability including the Negligence Theory, Strict Liability Theory, and Breach of Warranty Theory. It can be argued that the Wonkavision device is no longer patentable since it is considered part of a prior art for it has been in the market for almost 40 years. However, the fact that it can provide treatment of patients infected with Ebola will qualify it ...

2.5 Projects Challenges We have faced some problems while working on this project. On the stage of proposal it was difficult to put the ideas together and convince the audience that our project is important. To succeed we had to work hard, conduct substantial research and interview experts. The second issue was the software we needed to run the simulation. It has been installed in the beginning of semester, Fall 2014 and we started studying the tutorials. But due to the college policy the access to labs and classrooms is under supervision on weekends and after official ...

Introduction

Every forward-thinking organization should factor in all its stakeholders in its key strategies and processes of production. It is thus prudent for these organizations to effectively manage the resources involved in the production processes of goods and services. These processes are managed with the key stakeholders namely customers, suppliers, shareholders, employees and society in mind (Kamauff, 2010, p. 67). The processes and strategies incorporate performance objectives of the organization and its focus on achieving profitability and competitive edge in the industry it finds itself in. It is, therefore, important for an organization to aim to achieve a balance of all ...

Toyota Motor Corporation is an automobile producer based in Japan. The company has about 338,875 employees globally as of march 2014 (Toyota Global). Moreover, in the year 2012, Toyota Corporation was the biggest automotive manufacturer in terms of production (OICA correspondents’ survey) where it has produced more than 10 million vehicles per year. In the year 2014, the company was ranked as one of the biggest company in Japan in terms of revenue and market capitalization. For years, Toyota has produced most innovative and best cars in the world. Moreover, the company is a leader in both Camry sedan ...

V. Environmental Forces - Political /Legal - The state requires that all businesses make known chemicals and substances that are used in the manufacture of products The law demands that all the substances used in the manufacture of products be made known to the public. They should carry the necessary clear and reasonable warnings if they are harmful to consumers or expose them to any form of healthy risks (Pride and Ferrell 197). It must be shown to the public that these substances have passed the requirements of the set FDA standards and, therefore fit for ...

Executive Summary

This report begins with company’s mission statement and brief introduction. It proceeds to presenting a detailed branding, pricing and distribution plans. The major competitors of the company are categorized in inter- and intra-competitors and their strengths and weaknesses are highlighted. The differentiation strategy in relation to closest competitor is also presented in this paper. StarTech is presented as struggling to become market leader. The salient issues pertaining to macro-economic issues are also presented in this report. Three main market trends are mentioned in this paper as technology, status symbol and fashion. The marketing implementation strategy, for StarTech’s new ...

This is a bilateral agreement entered into betweenandas of today The seller referred to hereby is a business person operating a business retailing in mobile phone accessories in the state of California. The buyer hereby referred to is a student at the University of California. The contract regards the sale of a mobile phone.

With regard to this mutual covenant, the parties agree as follows:

The seller agrees to transfer to the buyer, possession of a mobile phone, Nokia Lumia 520, on hire purchase terms, at a hire purchase price of $190, upon payment of a deposit amounting to $85.

Terms of installment payment:

After payment of the aforementioned deposit, the buyer agrees to further pay equal monthly installments amounting to $17 ...

- Prevention costs: c. Statistical process control j. Training quality engineering m. Audits of the quality system

e. Maintaining testing equipment f. Inspecting finished goods l. Inspecting materials received from suppliers n. Supervision of testing personnel

Internal failure costs:

d. Disposal of spoiled goods g. Downtime caused by quality problems h. Debugging errors in software k. Re-entering data due to typing errors o. Rework labor

External failure costs:

a. Repairs of goods still under warranty b. Customer returns due to defects i. Recalls of defective products 2. Quality of conformance is meeting ...