business transaction
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Author(s):  
Z. H. Aliyu ◽  
B. Sani

In this study, we developed an inventory system model under two – level trade credit where the supplier considers the retailer as credit risk but the retailer considers the customers as credit worthy. Therefore, the retailer is given a trade credit period on  proportion of the goods ordered whenever he/she pays for proportion of the goods immediately after delivery. In the same vein, the retailer passes the same grace to the customers but without attaching any condition as the customers are assumed credit worthy. This partial upstream trade credit is offered to reduce the risk of failure in payment on the business transaction especially that most retailers are involved in bulk orders. The relevant cost functions are determined and a numerical example is given. Sensitivity analysis was carried out to see the effect of changes in parameters on the optimal solution of the model.


Author(s):  
Tanmayee Tushar Parbat ◽  
Rohan Benhal ◽  
Honey Jain ◽  
Dr. Vinayak Musale

In this paper, there is description of videos technology has been used widely as well as tried to explore the transform in the structure of selling as well as buying of the product mainly in short videos. With the emergence of the Internet, online procedure are replacing conventional models in our society. Even so, not many recognize the criticality required in E-commerce industry. Video commerce is the next great thing of marketing. It connects to a web page of a dealer selling or giving services rightly from its portal to the consumers. They use a digital shopping cart structure and permit payment by credit card, debit card or electronic fund transfer payments. The E- commerce services helps in decreasing costs in managing orders while also interacting with a broad range of suppliers as well as trading partners. It also requires any type of business transaction in which the parties interconnect electronically rather than by physical exchanges or direct physical contact.


2021 ◽  
pp. 153270862110377
Author(s):  
Ryan Bittinger ◽  
David A. G. Clarke ◽  
Jess Erb ◽  
Holt Hauser ◽  
Jonathan Wyatt

This article performs the becoming intimacy of a reading (and, later, writing) group who met once a month for 2 years to discuss Deleuze and Guattari’s A Thousand Plateaus. Through this collaborative piece, we explore the question of intimacy as both a form of activism and a mode of inquiry. We ask, “Where is activism as we subvert the hierarchy of academia by meeting as an assemblage of differing perspectives and positions in the university?” Furthermore, we ask, “What does the intimacy that occurred, that is occurring, do for both inquiry and activism?.” This article contains two sets of writing from our monthly meetings that we offered as performative conference texts. We contend that it is affect that brings our theorizing to life, and transfers it meaningfully between each other. We are affected by Deleuze and Guattari, by A Thousand Plateaus, and by how we form linkages with our lives to these bodies. Intimacy is what sustains and gives life to our collective inquiry, without which our affect might be more constrained. The complexity of the becoming of “intimacy as inquiry” becomes twofold, as it is not only a becoming of intimacy, love, and care for those in our assemblage but also a reterritorialization of the act of inquiry. Through the act of disrupting power structures in the group of “We 5,” the act of writing and presenting this work in an academic context pushes against the striated spaces that exist in the academy, that course through the milieu we occupy, and provides the means and necessity for reterritorializing the epistemic space. “Epistemic intimacy,” then, becomes a manifestation of engaging with the inquiry process and embodies an active resistance to the business transaction that the act of inquiry has become in the neoliberal development of the academy.


2021 ◽  
Vol 13 (3) ◽  
pp. 35
Author(s):  
Md Atiqur Rahman Sarker ◽  
Tariq Salameh Alharfi Al-Bluwi

Small and Medium Enterprise (SME) is booming in Malaysia and this sector also has many challenges. SME becomes sustainable and successful venture when the innovation and creativity are considered largely in doing the business. Soft skills are essential in this regard since it requires human relations in every business transaction. The objective of this research is to explore the role of various soft skills and their relations with innovation in the SME sector in Malaysia. For the methodology, the research used the inductive approach by performing six In-depth Interviews following Yin (2003). The results of this research have identified that communication, teamwork, leadership, critical thinking, positive attitudes, flexibility, and adaptability are the most used soft skills that help the entrepreneurs to be innovative and being successful in SME sectors in Malaysia. The results of this study will help the entrepreneurs in Malaysia to understand the essential soft skills for them to push towards innovative results. This one of the few qualitative research that comprehensively explores the relation between soft skills and innovation in Malaysia.


2021 ◽  
Vol 2 (1) ◽  
pp. 1
Author(s):  
Ronald Fadly Sopamena

Prior to a business transaction, initial negotiations are usually carried out. Negotiation is a process of trying to reach an agreement with other parties. Negotiation is also an instrument that bridges the various interests of business actors in formulating their rights and obligations. It is in this negotiation that the bargaining process takes place. The next stage is the making of a memorandum of understanding, which in this writing is abbreviated as MoU. This study aims to examine whether the MoU can be used as a preliminary agreement as well as the legal strength of the MoU in terms of contract law. This research methodology uses normative legal tracing, primary and secondary legal materials with a statutory approach and a conceptual approach. Based on the research results, in a business contract, the negotiations carried out by the parties are outlined in the MoU as the initial agreement. If in the preliminary agreement stage there is a cancellation unilaterally, then as a legal consequence, the party making the cancellation must be responsible for the losses incurred. This form of responsibility is in the form of refunding costs incurred during negotiations and compensation for lost opportunities to enter into contracts with third parties.


2021 ◽  
Vol 24 (1) ◽  
pp. 112-136
Author(s):  
Nur khalidah Dahlan ◽  
Farah Nuraliah Zainudin

Dinar emas merupakan mata wang logam yang berbentuk kepingan syiling emas. Pertikaian mengenai penggunaan dinar emas mula dibangkitkan ekoran daripada kejatuhan nilai mata wang negara-negara ASEAN pada tahun 1998. Penggunaan dinar emas ini dikatakan tidak terdedah kepada spekulasi berbanding mata wang kertas kerana emas sentiasa mempunyai nilai, malah, dinar emas boleh digunakan sebagai kredit bagi pembayaran dua hala. Namun begitu, sehingga kini masih belum ada lagi peruntukkan perundangan yang diwujudkan bagi mengetengahkan isu penggunaan dinar emas sebagai pengganti wang kertas bagi setiap jenis transaksi perniagaan. Oleh itu, kajian ini dijalankan bertujuan untuk mengenal pasti undang-undang yang bersesuaian yang boleh diwujudkan terhadap penggunaan dinar emas di Malaysia. Dengan menggunakan kaedah kualitatif iaitu analisis data penyelidikan melalui kajian kepustakaan dan kajian soal selidik. Hasil dapatan kajian ini adalah bahawa penerimaan penggunaan dinar emas di Kelantan membuktikan dinar emas sesuai digunakan di Malaysia jika penggunaannya dilakukan secara menyeluruh di Malaysia. Salah satu cara yang boleh dilakukan untuk mengaplikasikan penggunaan dinar emas ialah dengan melaksanakan mekanisme sandaran nilai dinar emas bagi tujuan penstabilan mata wang di peringkat dunia. Dicadangkan juga bagi kajian masa hadapan untuk memfokuskan kepada mewujudkan peruntukan perundangan yang baru atau penambahan bahagian khas dalam akta-akta yang sedia ada mengenai pengamalan dinar emas. The dispute over the use of gold dinar was raised due to the fall of the ASEAN’s currencies in 1998. Yet, no speculation in the currency when involve with gold dinar. This is due to the gold’s currency will always have value in the market. The usage of gold dinar can also be apply in credit for bilateral transactions. However, there is no legal provision created to highlight the issue on usage of gold dinar as a substitute for a banknote in business transaction. This study is aimed to identify the appropriate laws related to gold dinar in Malaysia. The methodology used is based on data analysis through library research which focused on theme such as Islamic Finance law, and the usage of gold dinar on comercial transaction in Malaysia & Indonesia. The findings show that the usage of gold dinar in Kelantan is accepted and prove to be suitable usage in Malaysia. Another ways to apply the usage of gold dinar is to implement a reserved gold value mechanism for the purpose of stabilizing the world currency. It is also recommended for future studies to explore new legal provisions in the existing statutes on the usage of gold dinar.


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