Consider the following facts and answer the questions which follow under the heading “Required”.

(This is all the case evidence given by source)

Vince Scaleri made an arrangement with two of his friends saying that he would be glad if they would in their own time provide him with firewood during the winter of 2019. Vince lived in Georgetown, roughly 50 kilometres from the woodyard of his two friends.   Vince stated that the firewood should be cut to a length of 3 feet and to a width of 6 inches. There was no discussion as to the volume of wood which should be supplied nor as to the price for the wood. Vince commenced the discussion using his mobile phone and the friends responded in writing.

By the middle of the winter in 2019, Vince had not been supplied with any wood so he contacted his friends to complain. They responded saying that they had not realised that he was depending on them for his supply of firewood. They explained that due to the Summer bushfires they had lost several stands of timber and it was not possible for them to supply firewood to customers, let alone friends.

Vince was disappointed but discovered an advertisement in the local paper which advertised the benefits of installing an electric fire place which was described as the answer to cold winter nights – it said that if a reader purchased such a fire place it would give the room in which it was installed an even temperature of 20 degrees centigrade. The advertisement said that fireplaces could be purchased from a number of stores.

Vince went to his local furniture store and acquired an electric fireplace. When installed it failed to improve the temperature in Vince’s house and he froze. It transpired that Vince did not purchase the fireplace, instead he was given it in recognition of some work he had done for the store owner six months ago.

Vince’s daughter, Helen, was a teacher and she was injured when she touched the fireplace. As a result she could not continue with her employment as a teacher and she began to suffer from depression.

Vince’s wife had had enough and she went to the bank to obtain a loan to cover the cost of renovations to the house. The bank agreed to a loan of $40,000 provided she arranged for her parents to guarantee the loan. They did so and mortgaged their own home as security. They were at the time in Cairns and the documents providing the security were sent to them to be signed there. The did so and returned them to the bank. The loan was granted but Vince and his wife did not use the loan money for the renovations but took a cruise instead.

On the cruise many of the passengers contracted a disease which required the vessel to be quarantined for 14 days. The cruise was a disaster.

REQUIRED

1. Advise Vince as to whether he can seek damages from his friends who failed to supply the firewood. What would Vince need to prove in order to be successful.

2. Advise Vince whether he would have any claim against the advertiser of the electric fire place or the furniture store from which he purchased the fire place due to the apparently unsatisfactory performance of the fireplace. What would Vince need to prove in order to be successful against each party.

3. Would Helen be likely to have any claim in contract for her injury or the onset of depression? What would she have to prove in order to b successful?

4. Do you think that the parents would be liable to honour their guarantee to the bank in respect of the loan to Vince and his wife? What defence might the parents argue and would they be likely to be successful?

5. Would Vince and his wife be entitled to damages for the fact that the cruise disappointed them? What would they have to prove?

Critically analyse reasons that may cause Toyota to consider an international supplier over a local supplier

Weenies is a food processing plant which manufactures hot dogs and hot dog buns. They grind their own flour for the hot dog buns at a maximum rate of 200 pounds per week. Each hot dog bun requires 0.1 pound of flour. They currently have a contract with Pigland, Inc., which specifies that a delivery of 800 pounds of pork product is delivered every Monday. Each hot dog requires ¼ pound of port product. All the other ingredients in the hot dogs and hot dog buns are in plentiful supply. Finally, the labor force at Weenies consists of 5 employees working full time (40 hours per week each). Each hot dog requires 3 minutes of labor, and each hot dog bun requires 2 minutes of labor. Each hot dog yields a profit of $0.80, and each bun yields a profit of $0.30. Weenies would like to know how many hot dogs and how many hot dog buns they should produce each week so as to achieve the highest possible profit. Formulate a linear programming model and solve it.

• Which if any of the five POTBA criteria apply to autonomous vehicles? Pick one that you think applies and explain it, or explain why none apply.
• How can this ethical framework inform our ability to make choices about the deployment of autonomous vehicles?
• At what point will you feel comfortable using a Level 2 or Level 3 autonomous vehicle? Have you done so already? What was it like?

Explain the innovation on China car sales due to Covid-19 impact. (40marks)

Describe the strategies for your organisation in future to maintain the business profitability after the impact of covid-19. [30 marks]

1. A supply chain manager is trying to reduce her inventory costs by coming up with better ordering policies. The retail shop sells gaming consoles. One of the consoles has a steady demand and it is fairly steady.

The data is: Demand = 1400 per year; Cost per unit = $400; holding cost = 10% of the unit cost/per year; Ordering cost = $600 per order

1. Find the EOQ.
2. Compute the optimal number of orders per year
3. Compute the total joint costs of holding and ordering costs per year

What are the six pieces of information we need to understand a proposed capital investment as described by Peter Drucker? List them and provide a short explanation of each.

Coronavirus: A visual guide to the economic impact  

Global shares take a hit
Big shifts in stock markets, where shares in companies are bought and sold, can affect many investments in pensions or individual savings accounts (ISAs).
The FTSE, Dow Jones Industrial Average and the Nikkei have all seen huge falls since the outbreak began on 31 December.
The Dow and the FTSE recently saw their biggest one day declines since 1987.

Investors fear the spread of the coronavirus will destroy economic growth and that government action may not be enough to stop the decline.
In response, central banks in many countries, including the United Kingdom, have slashed interest rates.
That should, in theory, make borrowing cheaper and encourage spending to boost the economy.
Global markets did also recover some ground after the US Senate passed a $2 trillion (£1.7tn) coronavirus aid bill to help workers and businesses.
But some analysts have warned that they could be volatile until the pandemic is contained.

In the United States, the number of people filing for unemployment hit a record high, signalling an end to a decade of expansion for one of the world's largest economies.
  


Factories in China slowed down
In China, where the coronavirus first appeared, industrial production, sales and investment all fell in the first two months of the year, compared with the same period in 2019.
China makes up a third of manufacturing globally, and is the world's largest exporter of goods.


Restrictions have affected the supply chains of big companies such as industrial equipment manufacturer JCB and carmaker Nissan.
Shops and car dealerships have all reported a fall in demand.
Chinese car sales, for example, dropped by 86% in February. More carmakers, like Tesla or Geely, are now selling cars online as customers stay away from showrooms.

Growth set to stagnate
If the economy is growing, that generally means more wealth and more new jobs.
It's measured by looking at the percentage change in gross domestic product, or the value of goods and services produced, typically over three months or a year.
The world's economy could grow at its slowest rate since 2009 this year due to the coronavirus outbreak, according to the Organisation for Economic Cooperation and Development (OECD).

The think tank has forecast growth of just 2.4% in 2020, down from 2.9% in November.
It also said that a "longer lasting and more intensive" outbreak could halve growth to 1.5% in 2020 as factories suspend their activity and workers stay at home to try to contain the virus.

Questions:
1. Elaborate the impact of this Covid-19 from the article. [30 marks]

Discuss the differences and similarities between these two business forms :

1.Similarities and differences between limited partnership in USA vs Limited partnership in Lebanon

2. Similarities and differences between Sole proprietorship in USA vs. Establishment in Lebanon

Explain the rationale of Induction, deduction, and abduction reasoning in the below examples:

a) John is a human and John can swim, therefore all human can swim.

b) The teachers told the headmaster "The students have handphones. Please take them".

c) Adam sees Aminah as the most beautiful lady. Therefore, Aminah is the most beautiful lady

You are the Human Resource Manager of a busy branch and have stopped to talk to one of the clerks in the office to see what progress he is making. He complains bitterly that he is not learning anything. He gets only routine work to do and it is the same routine. He has not even been given the chance to swap jobs with someone else. You have picked up the same message from others in the office. You discuss the situation with Jean Howe the recently appointed supervisor. She appears to be very busy and harassed. When confronted with your observations she says that she is fed up with the job. She is worked off her feet, comes early, goes late, takes work home and gets criticized behind her back by incompetent clerks.

You are required to write an essay

a). to state what is going wrong

b). give recommendations as to what you will do.

Question:

Clothing industry that is classified as non-essential service under the Movement Control Order (MCO) Phase 1 and Phase 2 by the Government of Malaysia, develop an e-business strategy applying the 7 dimensions model by Robert Plant (2000).

Please do not copy paste. Write in your language (500 words)

Q. Quality Circles enrich work life. Discuss.

Please do not copy paste. Write in your language (500 words)

Q. Quality Circle leads to total performance. Discuss.