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A shipbuilder had contracted to build a tanker for North Ocean Tankers. The contract was in US dollars and didn't contain any provisions for currency fluctuations. Approximately halfway through construction of the ship, the United States devalued its currency by 10 per cent. As the shipbuilder stood to make a loss on the contract, it demanded that an extra US$3 million be paid or it would stop work. The buyer reluctantly agreed under protest to pay, as he already had a charter for the tanker and it was essential that it be delivered on time. The buyer didn't commence action to recover the excess payment until some nine months after delivery. Will the buyer succeed in recovering the excess?
change control managementwhat can happen if an organization does not have an established change control management
What is the situation and what challenges and opportunities exist? What is the problem and is it worth solving?
In favor of paying teachers more money than professional athletes and in favor of paying professional athletes more money than teachers.
What forces shaped the culture in the country of UAE and Dubai in particular? How similar or different are these forces from those that shaped the culture of Western nations?
A large proportion of major corporations outsource their IT functions to specialist suppliers of IT services such as IBM, EDS (now owned by Hewlett-Packard), Accenture, and Cap Gemini. What transaction costs are incurred by these outsourcing arran..
Explain - Because of recent changes in your organization one of your employees was given the task of writing several business reports
diversity1. what is diversity? how important is a definition of diversity for managers and companies? how much does it
Another sample of15 large cars were subjected to the same test, and 5 of them were totaled. Find a 95% confidence interval for the difference in the proportions of small cars and large cars that are totaled.
Summarize the Big Five Personality types. Why is this important and how does it apply to organizational effectiveness and leadership
Internal Evaluation; this is the "SW" of the SWOT analysis. Every organization has strengths and weaknesses.
Attributes of a retailer's actual customers may differ from its targeted customer. find the possible reasons for these differences?
Is changing the organization's domain a feasible strategy for coping with a threatening environment? Can you think of an organization in the recent news which has changed its domain? Explain.
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