The company has secured commitments from as many as nine cornerstone investors who took nearly a third of the shares on offer.
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On the bright side, the company has signed commitments for 800 new franchised units, which would help tip the balance back to the franchise side.
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If a company has breached commitments made legally binding by way of an Article 9 decision, it may be fined up to 10% of its total annual turnover.
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How can a service company make ten year commitments without any control over its labor costs?
We do not anticipate however that the company will have trouble meeting such commitments as it has a strong balance sheet and is growing earnings per share at a quick pace.
According to the people familiar with the matter, the Justice Department is examining whether Comcast's Xbox policy violated legal commitments made by the company in 2011 to secure antitrust approval for its takeover of NBCUniversal.
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Not surprisingly, this puts the onus on companies to develop talented human capital that is vigilant, aware and cognizant of pursuing a successful career at a company that aligns with their values and commitments.
It gained three new clients in the quarter but also had a number of them postpone commitments while they waited for the company to introduce new releases and have better integration.
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While companies may have similar social and environmental impacts, each company will likely need to craft a unique combination of commitments.
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However, while these reasons may be true, providing a bit more rigor and testing around whether and how stakeholders value your CSR commitments can sharpen the opportunities to create and capture value for a company.
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The company needs the support of its employees to continue this success story and fulfil its commitments to its customers.
Senior-level women in all industries often find themselves flying solo at company dinners, cocktail hours, and award presentations because their husbands plead their own work commitments or find it awkward to play a secondary role.
New leaders often fail for a few common reasons: due to unclear or outsized expectations, a failure to build partnerships with key stakeholders, a failure to learn the company, industry or the job itself fast enough, a failure to determine the process for gaining commitments from direct reports and a failure to recognize and manage the impact of change on people.
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