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    How to Restore a Business Relationship Gone Sour Initiating, developing and managing a strategic partnership can be an immensely challenging endeavor; one that most business owners are simply not prepared to engage. With all of the effort that has to be invested into building the ideal strategic alliance, it is of the utmost importance to manage it effectively. Due to the intricate details that go into selecting the right partner and nurturing the relationship, it is recommended that business owners contract a third-party specialist who has the experience to effectively initiate, develop and manage the strategic partnership. Hiring a strategic alliance manager can help ensure that the partnership remains a win-win situation for both parties. A good manager will also be able to help relieve the tension when these relationships become strained; however, even the best of relationship will be tested, and despite great effort, some will go sour. It is important to understand that just because a strategic alliance goes sour, does not mean that the partnership should be abandoned. While it can be tempting to allow personal feelings to intrude upon the business agreement, this should be avoided at all cost, because…

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    A discretionary trust is where the trustee is given the discretion to select, from amongst a specified class of beneficiaries, who will benefit under the trust and often to what extent . Comparably, a fiduciary mere power enables trustees to act as they choose to do so, imposing no obligation or discretion, to distribute property . In Re Gulbenkian , Lord Upjohn stated to ratify a fiduciary mere power the “is or is not” test would apply. Likewise, Lord Wilberforce in McPhail v Doulton…

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    Freddie is the settlor who made his own will and appointed Chloe, as the sole trustee of his will. It is crucial to define what a trust is. “A trust is a relationship which arises when property is vested in a person/s called the trustees, which those trustees are obliged to hold for the benefit of other persons called the beneficiaries” There are two kinds of trusts. i) Fixed trust- the interest of the beneficiary is fixed and clearly identifiable. ii) Discretionary trust- the trustee has…

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    Bleak House is written by Charles Dickens in 1852. Written over a two-year period in twenty instilments. Dickens uses Bleak House to describe his dislike of the Court of Chancery and the effects on characters from different backgrounds. In his first installment Dickens introduce two narrators to describe the Jarndyce and Jarndyce court case. Dickens views the Chancery Court as a pointless part of the legal system. Looking at point of view, dictions styles, imagery and symbolism Dickens…

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    As Chairman and Chief Executive Officer at Saratoga Investment Corp., a publicly traded business development company, Chris Oberbeck brings over 25 years of experience in leveraged finance, from distressed debt to private equity, to the position. Mr. Oberbeck’s wealth of experience stems from originating, structuring, negotiating, consummating, managing and monitoring investments in a wide variety of middle-market businesses. In addition to his aforementioned roles, Mr. Oberbeck is the…

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    It can be done by retaining and attracting loyal customers. According to the author loyal customers are well experienced customers. The bonding between brand equity and service loyalty is the main objective of the author. It is found that there is some relationship between consumer behavior and customers willingness to pay. Habit and convenience makes the customer to return to the same service supplier. In maintaining profitable relationship trust plays an important role. In B2B marketing trust…

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    Rjr Nabisco Case Study

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    1. Henry Kravis is a successful businessman and an American billionaire. He is a cofounder of firm Kohlberg Kravis Roberts (KKR), a private equity firm with about $94.3 billion in asset in 2013. (Wikipedia) He was born in 1944 and his father was a successful petroleum engineer. He studied economics, moved to New York, and worked in finance field. He went back to school in 1967 and enrolled in Columbia’s MBA program. He began to join partners at Bear Steams with his cousin George Roberts in the…

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    people and be environmentally and ethically responsible. The good and comfortable ambience of Starbucks makes the brand to look unique and attract many customers. Moreover, the smooth taste of the Starbucks also can be determine as a uniqueness of Starbucks where based on the survey many respondents said that they found the Starbucks products satisfactory. Although, there are countless of coffee shops which can be a competitors for Starbucks yet the taste of the coffee will be vary. In this way…

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    Traditional Greek Dance

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    As described above Sousta was essentially an opportunity for socializing functions for youths to find potential partner in marriage, as Hanna argued, With the movements of the hands and the head slowly developed in a discussion couple. Until the end of the compound occurs. The ongoing dance therefore is a love story that each dancer depending on the position of playing its own role. dancing enable a man in love can express his feelings to a woman. The variety in the purposes and songs Sousta is…

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    marketing claim as OxyContin is just as addictive as heroin and provides virtually the same effects. However, no one from their company went to prison while Purdue Pharma was only fined $635 million in 2007. Again, those penalties represent a small portion of the proceeds from their crimes as OxyContin accounted for roughly 90% of Purdue Pharma’s profits and they sold $3.1 billion of OxyContin in 2010. Predictably, Purdue Pharma received such a mild penalty seemingly due to political…

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