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The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
A parent company guarantee (PCG) is a guarantee by a parent company of a contractor’s performance under its contract with its client, where the contractor is a subsidiary of the parent company. [1] It is mandatory for all the companies to mention about the guarantees granted as a note in their accounts because it is a risk for the company.
A letter of credence (lettres de créance) is the instrument by which a head of state appoints ("accredits") ambassadors to foreign countries. [ 2 ] [ 3 ] Also known as credentials , the letter closes with a phrase "asking that credit may be given to all that the ambassador may say in the name of his sovereign or government."
Taking into account this fact, the International Chamber of Commerce provides a simpler and more comprehensive definition which covers both self-certification and authorized certification: [3] A certificate of origin is an important international trade document that certifies that goods in a particular export shipment are wholly obtained ...
A medallion signature guarantee is a binding warranty, issued by an agent of the authorized guarantor institution, that: (a) the signature was genuine; (b) the signer was an appropriate person to endorse, and (c) the signer had legal capacity to sign. A medallion signature guarantee is not equivalent to a US notarial Acknowledgment. [1]
A guarantee ensures the fulfilment of international obligations by a state promising to help another state fulfill its obligations when they are hindered by a third party. [ 1 ] Previously, other methods to ensure fulfillment of international obligations, like oaths or the receiving of hostages , were also called guarantees.
Business letters can have many types of content, for example to request direct information or action from another party, to order supplies from a supplier, to point out a mistake by the letter's recipient, to reply directly to a request, to apologize for a wrong, or to convey goodwill. A business letter is sometimes useful because it produces a ...
Consuls have traditionally been employed to represent the interests of states or their nationals at an embassy or consulate in another country. The Convention defines and articulates the functions, rights, and immunities accorded to consular officers and their offices, as well as the rights and duties of "receiving States" (where the consul is ...