3 hours online test Assignment Example | Topics and Well Written Essays - 1000 words

3 hours online test - Assignment Example Last fall, the FDA had promulgated an administrative proposed  rule  that  would have required  all pharmaceutical companies  that sold over-the-counter medications  to incorporate a special tracking bar code (i.e., UPC bars) on  their packaging to ensure that recalls could be done with very little trouble.  The bar codes cost about 35 cents per package. Robins & Robins lobbied hard against this rule and managed to get it stopped in the public comments period. They utilized multiple arguments, including the cost (which would be passed on to consumers). They also raised  Ã¢â‚¬Å"privacy† concerns, which they  discussed simply to get public interest groups upset.  (One of the drugs impacted is used for assisting with alcoholism treatment – specifically for withdrawal symptoms – and many alcoholics were afraid their use of the drug could be tracked back to them.) Robins  & Robins argued that people would be concerned about purchasing the medication with a tracking mechanism included with the packaging and managed to get enough public interest groups against the rule. The FDA decided not to impose the rule. Robins & Robins contract with Casings, Inc., states, in section 14 B.2.a., "The remedy for defects in supplies shall be limited to the cost of the parts supplied."  Casings, Inc., had negotiated that clause into the contract after a lawsuit from a person who was shot by a gun resulted in a partial judgment against Casings for contributory negligence. List any bases Robins & Robins could sue Casings, Inc.,  under contract theory ONLY  for the damages caused by the explosives in their drugs, over and above the cost of the capsule shells. (short answer question) An agreement which is legally enforceable between two or more parties having mutual obligations is said to be a Contract. Damages or compensation in monetary form of compensation is the remedial activity in case of a breach of contract. Specific performance or

Managing customer and suppliers Assignment Example | Topics and Well Written Essays - 1500 words

Managing customer and suppliers - Assignment Example Place____________________________________________________________7 8. Item ____________________________________________________________7 9. Conclusion _______________________________________________________9 10. References ______________________________________________________10 Impact of the theory of six rights on the construction of the Aquatics Centre for Balfour Beatty Introduction The theory of the six rights clearly states the importance of supplying customer satisfaction by following six basic standards including timely delivery, quality and quantity assurance and price, place and item standardization. All suppliers, manufacturers and service providers try to follow these basic guidelines for success. Background The planning for the 2012 London Olympics have led to great amends and development in the London area and the transformation of the heart of East London by the development of the Olympics village. The total budget of 5254 million pounds was initially allocated for the Olympic Development Association (Sean Dodd, 2010)and Balfour Beatty, the large British infrastructure provider, won the contract for building the 17500 seater Aquatics centre. The company is an imminent infrastructure provider whose key aim is to continue reliable and responsible growth in shareholder value. (Beatty, 2008). Some of the most high profile projects of the company included Arsenal Emirates Stadium and the Terminal 5 of the Heathrow airport. For the aquatics centre, the key requirements of the Olympics had to be fulfilled within a certain time limit and a budget and the strict observation of both of them was essential. The project was to include different training and warming pools, adjustable spectator areas, changing areas and a cafe. Other requirements included the building to be sustainable with as little impact on the environment as well. This is besides the fact that the development and the functioning are expected to be extremely safe and family friendly. Thus di fferent user rights for satisfaction of the Olympians and spectators in particular and the public in general have to be fulfilled. Balfour Beatty has to ensure that these basic rights are not compromised on any occasion during construction and the following functioning. Following of these six rights is not only a stringent requirement of the contract providers but is also essential for the efficiency and increased productivity of Balfour Beatty. Time The time frame of the project is extremely crucial as it is no ordinary airport or building but an event centre being developed for a certain event. Thus it has to be ensured that the project is fully completed well before 2012 and the proposed deadline is 2011. (Balfour Beatty wins 2012 Aquatic centre, 2008). The time limit posed also tests Balfour Beatty's commitment to its projects as it measures its efficiency. The deadline of projection completion in 2011 also prevents any extra costs as late deliveries and late processing always s piral the cost of construction. Timely supply chain management, which is Balfour Beatty's trademark also reduces the cost by increasing the lead time while ordering and the just in time inventory assures that storage costs are further decreased. Thus the project time line if followed suitably will allow the project to be completed well within the proposed budget generating good revenues for the company. The most recent development showed that the Aquatics centre will be completed in 7 months which is almost a year ahead of the schedule.