Monday, September 30, 2019
Best/Worst Experience in Modern Communication Essay
l rather than physical presence or written/printed channel. The best experience Iââ¬â¢ve had communicating electronically was via e-mail. Last year in March, I went back to Israel to visit my family for a few weeks. Doing so each year is very hard on the family I leave behind, taking care of the everyday life without me around. My husband and I got to talk on the phone once or twice a day, but never too long due to the facts of the surrounding aspects (such as: noise, people that came to see me, and so on). Our landlord decided to sell his house and gave us one month notice as was written in the contract. We only had one month to find another place to live with 3 kids, while I was in Israel for the next 2 weeks. This was a very positive experience for my husband and I. It enabled us to communicate with each other and our realtor via the e-mail. If not for the e-mail options, I couldnââ¬â¢t have done what I succeed to do. I e-mailed each day to our realtor, knowing I canââ¬â¢t communicate with him with the 10 hours difference between us. He sent me houses to look for in the e-mails, and I e-mailed him what I liked and what not. The e-mail availability gave us the option to manage the issue from a distance, without being scared and cancel the visit with my extended family. Channels are the mediums that carry messages between communicators. (Dobkin-Pace, 2006). Worst experience I have had communicating in an electronic/computer communication channel rather than physical presence or written/printed channel. It happened in Canada 5 years ago. I was working in the Jewish community center as an event planner for the center. I was doing my daily tasks when suddenly I looked at my inbox and saw that I have an e-mail from the CEO. I looked at the e-mail and saw that she decided to cancel an event that I worked so hard on, with no reason. To me it felt so wrong and with no feelings. I felt so upset and thought to myself that this should have been done face to face and not through e-mail. She might have had her own reasons to why she did it, and she might have done the right decision.
Sunday, September 29, 2019
July at the Multiplex
DATE:June 12, 2012 TO:Mr. Plex, Owner, Royal 16 Theater FROM: Team 8 RE:Analysis of Liability for Fraud Based off of your request, we have completed an analysis concerning Royal 16 Theaterââ¬â¢s liability for fraud assumed by the customer, Tommy. Please contact us if any additional information is needed. July at the Multiplex Executive Summary What are the standards of selling a service or product so the customer will not get furious? If we tried out best but they are still unsatisfied, what kind of response should we give? In this case ââ¬Å"July at the Multiplexâ⬠, the plaintiff, Tommy, was not satisfied with the service that was provided with Royal 16 Theater. He demanded the money that he paid be returned. The theater owner, Mr. Plex refused to do so. Therefore, Tommy was outraged and filed a lawsuit against him. Mr. Plex has two choices to make. The first is to negotiate settlement money or defend the lawsuit. As a group, we will give our best knowledge of business law, statistics, and ethics to help Mr. Plex choose the ideal decision. First of all we will compare the fraud and misrepresentation of business law. Furthermore, we conducted tests on Hypothetical test and a Confidence Interval calculation. Lastly, under the ethics theory of cost-benefit analysis, justice vs. fairness and rights, we decided on the best action that Mr. Plex is supposed to take. July at the Multiplex Purpose: This report is intended to analyze the liability for fraud, the results of the statistical conclusions conducted by the movie theater, and the ethical issues involved with screening commercials before the scheduled movie. I. Analysis for Liability of Fraud The analysis for liability of fraud will explain in detail the offer, acceptance, and possible misrepresentation involved in the contract between Tommy and the Royal 16 Theater. The analysis will also cover theà Cao and Cao v. Nguyen and Phamà case and draw conclusions based on the prima facie case. Assuming that a contract exists between Tommy and Royal 16 Theater this examination of the facts will help determine whether Royal 16 Theater is liable at all for fraud. The offer made to Tommy by the Royal 16 Theater complex was a unilateral contract. That means that only one of the parties involved made a promise and they made that promise for an action. When Tommy bought his ticket for ââ¬Å"The Governatorâ⬠movie, this solidified the unilateral contract between him and the Royal 16 Theater complex. Tommy took the action of buying the movie ticket at the front kiosk and in exchange for that action the Royal 16 Theater complex promised him the opportunity to go inside, find a seat in the theatre, and watch the movie he paid for. Since all of the requirements were met in the contract this made the contact between Tommy and Royal 16 Theater valid. Read alsoà Case 302 July in Multiplex Valid contracts are contracts in which all of the legal requirements are met making the contract binding to both parties. The contract between Tommy and Royal 16 Theater is a valid contract because it was legal and both parties met the requirements to make that contract binding. Tommy fulfilled his part of the contract buy purchasing a ticket for the movie ââ¬Å"The Governatorâ⬠and the movie theater performed their part of the contract by screening the movie. Tommy knowingly knew about the contract he was entering into when he gave the Royal 16 Theater his acceptance. The duty of acceptance falls upon both parties seeking to enter into the contract. In a unilateral contract the party seeking to perform an action for a promise must accept the offer made by the offeror by the terms and in the method requested by the offeror. In this case Tommy was the offeree and the Royal 16 Theater was the offeror. Tommy accepted the offer made by Royal 16 Theater and did so in the method requested; making both the offer and acceptance valid for all terms and purposes in this contract. There are certain limitations on the recovery of damages imposed upon the contract that both Royal 16 Theater and Tommy entered into. The duty to mitigate damages falls onto Tommy, the plaintiff, in this specific case. The duty to mitigate damages is the responsibility of the plaintiff because the plaintiff injured by the breach of the contract cannot recover for losses that could have been easily avoided. In this case Tommy fulfilled his duty to mitigate damages and was not trying to recover for any damages that he could have easily avoided. Instead Tommy wants to file a lawsuit based on misrepresentation. A misrepresentation is a statement made that is not unified with the truth. There are two categories that misrepresentation can fall under: either innocent or fraudulent. When a misrepresentation is innocent it was made not intentionally to deceive the other party. A fraudulent misrepresentation is made with the intent to deceive with knowledge that it is false. Tommy wants to pursue legal action against Royal 16 Theater on the basis that they conducted fraudulent misrepresentation. Prima Facie Case The prima facie case that relates to this case between Tommy and Royal 16 Theater isà Cao and Cao v. Nguyen and Pham. Inà Cao and Cao v. Nguyen and Phamà the plaintiffs file a lawsuit against the defendant for fraudulent misrepresentation. They said that when they were attempting to buy a property the defendants claimed that the property was in fact a duplex and that multiple families could live there. The city building and safety department revealed that the property was not a duplex and could not become a duplex due to building and safety issues. The plaintiffs then filed a lawsuit against the defendants for fraudulent misrepresentation. The first trial court dismissed the charges and found that the buyers did not prove the elements of fraudulent misrepresentation. When the plaintiffs appealed the results the second court reversed the decision of the first court and decided that the plaintiffs did prove fraudulent misrepresentation. The property sold by the defendants caused reasonable reliance upon the plaintiffs and there were damages because of the reliance. The property was sold to them on the idea that the property was indeed a duplex when the defendants had prior knowledge that it in fact was not a duplex. The defendants knew that the plaintiff would rely on the representations and conducted business anyway. This case relates perfectly to the situation going on between Tommy and Royal 16 Theater because both cases involve the plaintiffs trying to recover for fraudulent misrepresentation. In our opinion, Royal 16 Theater does have some liability for fraudulent misrepresentation when they tell their customers the movie is supposed to start at 1:00 pm, but they play twenty minutes of previews before. A simple solution to this issue could be resolved by printing disclaimers on the tickets sold to a customer that warns them about the commercials before they enter into the theater. That way when customers come to accept the offer from the theater they are bound by the method of acceptance and they agree to the commercials playing before the movie starts. The simple disclaimer will go a long way and will ensure that there will be no more plaintiffs like Tommy pursuing legal action against the theater again (Mallor, 2009). II. Statistical Analysis According to the commission of Royal 16 Theater, they need to decide which courses of actions are more advisable, considering negotiating a settlement of any lawsuit or defending vigorously. The survey is the key to which course of action will be taken. If the result shows that the percentage of people resenting the ads is 10%, the consortium should consider negotiating the settlement. However, if the percentage is less than 10%, Royal 16 Theater should vigorously defend. We have performed a survey which asked 100 random patrons whether they resent the ads. The result came out to be 6 out of 100 resented the ads. This information itself is not enough. We have to conduct several more tests to have a more solid idea of whom and how many resented the ads. First of all, we have to begin with a Hypothesis test, which means that we conduct a test to understand whether 10% of moviegoers resent the ads or less than 10% of moviegoers resent the ads. Our Ho(null hypothesis) should be p = 10% and our Ha(alternative action/hypothesis) should be p < 10%. In this case, the sample proportion would be 6100 = . 06. The calculation is going to be done using a confidence level of 95%. The confidence interval formula for this analysis is p=p à ±z ? p(1-p)n where p is the sample proportion, z is the level confidence from the 95% confidence level and n would be the sample number. = . 06, z = 1. 96, n = 100. If we plug in the numbers into the formula then we will get p à ±E (E is Error = z ? p(1-p)n). E would be . 04655. Therefore, p= . 06à ± . 04655 = 0. 1066, . 01345. Thus, the confidence interval for this analysis would be . 01345 and 0. 1066 which are 1. 345% and 10. 66% if written in percentage form. This says that this result is not accurate and the actual result may vary between this interval. In this case, since our null hypothesis which is 10% lies between the confidence interval, then the null hypothesis is not to be rejected at the moment. We have to perform further research and calculation. By this result alone, we suggest that Mr. Plex should consider the settlement agreement. Type I and II error Before we start with the consortium, here are the definitions of each error according to the textbook ââ¬Å"Statistic for Business and Economicsâ⬠: * A type I error is an error if we reject the correct null hypothesis * A type II error is an error if we fail to reject the false null hypothesis. Therefore, the Type I and Type II errors are wrong judgments in the testing of null and alternative hypotheses. With the null hypothesis Ho and the alternative Hypothesis Ha, only one of them is true. The result of hypothesis testing must accept Ho when it is true and reject Ho when Ha is true. If the result of Ho is true, but we reject it then we will make a type I error. On the other hand if Ha is true, but we fail to reject it then we make a type II error. As stated before, the Ho(Null Hypothesis) is when p = 10% and the Ha(Alternative action/Hypothesis) is when p < 10%. To illustrate more, A type I error would happen if 10% of moviegoers resent the ads, and they reject it. It would be a careless decision if they decide not to consider the settlement money, even though they understand that their null hypothesis lies between the Confidence interval. Going deeper with error, a type II error would happen if less than 10% of moviegoers resent the ads, and they fail to reject it. It would be a waste of money if they agree with the settlement when in fact, they do not need to and should defend the lawsuit. Hypothetical Statistical Analysis This time, we have a survey of 300 patrons. The result states that 18 out of 300 resent the ads and this 6% is inadequate for finding the answer. Once again we have to conduct a hypothesis test and confident interval calculation. Just like before, the null hypothesis for this would still be p = 10% and the alternative action would still be p < 10%. If 300 patrons are to be randomly selected instead of 100 patrons, and in the end 18 out of 300 patrons agree with Tommy to resent the ads, then the sample proportion would be 18300 = . 06. The calculation is going to be similar as above. This time it is still going to be calculated using a confidence level of 95%. The confidence interval formula for this analysis is p=p à ±z ? p(1-p)n where p is the sample proportion, z is the level confidence from the 95% confidence level and n would be the sample number. p = . 06, z = 1. 96, n = 300. Then if we plug in the numbers into the formula we will get p à ±E (E is Error = z ? p(1-p)n). E would be . 02687. Therefore, p= . 06à ± . 02687 = 0. 08687, . 03313. Thus, the confidence interval for this analysis would be . 03313 and 0. 08687 which are 3. 3313% and 8. 87% if written in percentage form. This time, the null hypothesis does not lie between the confidence interval. Thus, the null hypothesis has to be rejected and the alternative action accepted. Therefore, we suggest that it would be better not to do the settlement and instead defend the lawsuit. Additional Information There are many other factors which we are not aware of that might affect the survey. The most common one is how the survey is taken. In statistics, there are a few types of conducting surveys and each would lead to different outcome. There are Simple Random Sample, Stratified Random Sample, Cluster Sample, Systematic Sample, etc. Beside these types, the time and place of the survey is also a huge factor. To illustrate, there are more teens in a certain area and more elders in a certain are. What teens think and what elders think are two different things. Thus, the place is also a factor. Furthermore, the time is also a significant factor. Surveys taken on weekdays night and weekend afternoon would result in a different outcome. To conclude, we believe that the survey might not be very accurate survey. III. Ethical Analysis The ethical issues that may be involved in showing twenty minutes of commercials before the screening of the movie can be described under three main categories: the cost-benefit analysis, fairness, and the theory under which we believe Royal 16 Theater should act under. Cost-Benefit Analysis Schmidt (2012) believes cost-benefit analysis is when ââ¬Å"both positive and negative consequences of a proposed action are going to be summarized and then weighed against each otherâ⬠(ââ¬Å"Cost benefitâ⬠, para. 1). Using this analysis will help to understand which is the best route for the Royal 16 Theater to take between their costs and benefits. Costs The ââ¬Å"negativesâ⬠or cost of Royal 16 Theater showing twenty minutes of commercials before the movie is customers can of course become upset such as Tommy had. If there are more moviegoers that hear of Tommyââ¬â¢s lawsuit, many could follow in his footsteps because they believe in his position on the matter. Another cost the Royal 16 Theater will have due to commercials is they will need to keep their advertisers and stakeholders pleased. According to investopia. om (2012) stakeholders are ââ¬Å"investors, employees, customers, and supplier that have an interest in an enterprise or projectâ⬠(ââ¬Å"Definitionâ⬠, para. 1). It will always cost the theater something to keep each stakeholder happy. By showing commercials, the investors will get their moneyââ¬â¢s worth for finding advertisers to invest their time with Roya l 16 Theater. Employees will not have any benefits from commercials. Tommy has already showed the discontent a moviegoer may have towards commercials. Finally, suppliers can be content with commercials because customers can see their product and need to buy it during or after the movie. However, all this shows a large cost of trying to keep all of these stakeholders pleased. Keeping one stakeholder happy can make another unhappy. Benefits One benefit of showing twenty minute commercials is gaining revenue from commercials. When a customer sees a commercial with yummy chocolate bars or dancing popcorn they are going to be more enticed to go run and get some snacks before the movie starts. The Royal 16 Theater gains much revenue from moviegoers who gain this feeling during commercials. Another benefit from showing commercials is actually towards Royal 16 Theaterââ¬â¢s customers. By showing commercials, a moviegoer can show up late and not miss the movie. This is usually what customers will do if they do not care for the commercials or just decide on a last-minute movie trip. Now we can decide on the cost vs. benefit choice for the Royal 16 Theater. Cost-Benefit Analysis Conclusion After seeing both costs and benefits Royal 16 Theater should deal with the cost entailed with dealing with stakeholders and Tommy. We believe this due to the fact that the Royal 16 Theater has too much invested with their stakeholders to stop it all just for one lawsuit. By taking the cost choice Royal 16 Theater will keep its reputation with customers and keep a relationship with the stakeholders. Having the benefits of customer satisfaction would be great; however losing the stakeholders is too much of a risk for the theatre to take. We have discussed the cost-benefit analysis, now we can understand if moviegoers are being treated fairly. Customers Treated Fairly In this ethical issue it is pondered if the customers are truly being treated fairly. This is a yes or no issue. It can be argued that the customers are being treated unfairly because they are not seeing a true representation of an advertisement or time for a movie. However, it can be argued that moviegoers are being treated equally because the Royal 16 Theater does not have an actual contract stating that a movie will start at this time no matter what happens. Neither party has an agreement saying any compensation will be given if the contract does not follow through. Also, movies have always been similar to this routine of commercials and many customers understand that. However, based on ethics the moviegoers are not being treated fairly. It is mainly due to the fact that the Royal Theater states a time slot for a movie to start, not when commercials for the movie will start. It is just good business practice to keep moviegoers happy by not deceiving them. According to Michael Hackworth (1999), ââ¬Å"ethical leadership actually saves money; consider it the role of quality in businessâ⬠(ââ¬Å"Only the Ehicalâ⬠, para. 1). We have just discussed if the moviegoers are being treated fairly, now we will discuss the ethical theory which the Royal 16 Theater should act under. Ethical Theory The ethical theory Royal 16 Theater should act under is the stakeholder/utilitarian theory. We believe this theory is the best because it lends itself to the golden rule of ââ¬Å"the greatest good to the greatest numberâ⬠. We believe this is the best course of action for the Royal 16 Theater because the theater has to act out of its own interest to keep its stakeholders content with performance. Ethically, this decision makes the most sense because by going on with Tommyââ¬â¢s lawsuit it will make the problem go away quicker. By fixing this issue with Tommy, the Royal Theater will make their stakeholders pleased and keep pursing revenue with their other fellow loyal customers. Conclusion In conclusion, we believe Mr. Plex should fight the case against Tommy with the consortium. We consider our evidence of the analysis of liability for fraud, statistical analysis, and ethical analysis enough to show Mr. Plex he will be successful in the case. Reference List Anderson, Sweeney, and Williams T. ââ¬Å"Chapter Nine- Hypothesis Testsâ⬠, Statistics for Business and Economics. 10th ed. Thomas South-Western, 2009. Cao and Cao v.Nguyen and Pham, 258 Nev. 1027; 607 N. W. 2d 528; 2000 Neb. LEXIS56 Hackworth, M. (1999). Only the Ethical Survive. 10. Retrieved Jun 8, 2012 from http://www. scu. edu/ethics/publications/iie/v10n2/ethical-surv. html Mallor. (2009). Business law: The ethical, global, and e-commerce environment. (14th ed. ). United States: McGraw-Hill/Irwin. Schmidt, M. (2012). Cost Benefit Analysis (CBA). Retrieved June 9, 2012 from http://www. solutionmatrix. com/cost-benefit-analysis. html Stakholder. (2012). Retrieved June 8, 2012 from http://www. investopedia. com/terms/s/stakeholder. asp#axzz1xLL3G6UG
Saturday, September 28, 2019
Businesses and Jobs in Saudi Arabia Essay Example | Topics and Well Written Essays - 750 words
Businesses and Jobs in Saudi Arabia - Essay Example Businesses in Saudi Arabia According to the annual ââ¬Å"Doing Businessâ⬠report (Reuters) issued by the International Finance Corporation (IFC)-World Bank for 2010, the kingdom of Saudi Arabia was listed as the worldââ¬â¢s 13th most economically competitive country. In addition, as per the Reuters report, the country has been considered as a potential region for business operations in the Arab World and the entire Middle East (Reuters). ââ¬Å"Saudi Arabian companies dominate 2009ââ¬â¢s ââ¬Å"MEED 100â⬠, with companies listed on the Tadawul accounting for 29 out of the regionââ¬â¢s 100 biggest publicly quoted companies ranked by market capitalizationâ⬠(Economy of Saudi Arabia). While analyzing the major business sectors of Saudi Arabia, the petroleum production, natural gas, chemicals, cement, fertilizer, plastics, and construction are the major industrial segments of the country. Among this, petroleum industry provides large scale business opportunities in the country. As Alyousef and Abu-ebid point out, statistical data show that Saudi Arabian petroleum sector accounts for nearly 55% of the GDP, 90% of export revenues, and 45% of budget earnings. In addition, private sector represents roughly 40% of the GDP. As of 2002, over 95% of the Kingdomââ¬â¢s oil business was initiated by the parastatal giant Saudi Aramco on behalf of the countryââ¬â¢s government. ... As per the Saudi Gazette, the countryââ¬â¢s exports of chemical products increased from $10.8 million in 2005 to $16.2 million in 2008 (Saudi Gazette). For more details on the KSAââ¬â¢s international trade see figure 11. The above diagram indicates Saudi Arabiaââ¬â¢s international trade over the last few years. The graph clearly indicates that value of Saudi Arabiaââ¬â¢s total exports is always less than that of the countryââ¬â¢s total imports. The countryââ¬â¢s business sector has been showing greater improvements since Saudi Arabia became the member of WTO in 2005. Oil and petroleum industries have a significant influence on the countryââ¬â¢s international trade. According to the information released by the International Trade Center, Saudi Arabiaââ¬â¢s total exports represented $213.4 billion in 2010. With 17.2% of the Kingdomââ¬â¢s exports, United States is ranked as the countryââ¬â¢s biggest exporter partner. Saudi Arabia has significant trade relat ionship with countries like Japan, South Korea, and Taiwan also. Jobs in Saudi Arabia Historically, the Kingdom of Saudi Arabia provides extensive employment opportunities to the countryââ¬â¢s citizens and immigrants. Statistical data indicate that KSA economy is currently employing nearly five and a half million foreign workers. It seems that the KSA government encourages the countryââ¬â¢s private sector growth with intent to meet the employment needs of swelling Saudi population. However, the economic downturn in 2009 led to unemployment hike in the Saudi Arabia. In order to overcome the adverse impacts of the economic downturn, the KSA government adopted a new employment strategy in 2009. However, recent reports indicate that the company is gradually improving its
Friday, September 27, 2019
Theory of Extreme Capital Structure Essay Example | Topics and Well Written Essays - 1500 words
Theory of Extreme Capital Structure - Essay Example Therefore, capital structure can be defined as the arrangement of capital. In order to analyse capital structure, we need to highlight the difference between capital structure and financial structure. The terms are interchanged in some circles to mean the same, but they are not quite the same. Financial structure is the sum of all the means the firm uses to fund its activities. Therefore, financial structure comprises of net worth and liabilities of the company i.e. short and long term. The capital structure on the other hand is financial structure excluding short term borrowing. Capital structure has already been seen as two-fold, with the finance and asset structure. The source of capital is what determines what asset will be purchased. The structure of capital is categorised as follows: 1. According to sources: The structure may either be simple or complex. A simple structure consists of a single source while the complex is where the sources are more than one. (Although retained e arnings is not considered an additional source). This mode is only possible under the fund concept because it is rare for a firm to have one asset, invalidating the asset concept. 2. According to sources This is broadly categorised into internal and external sources. Internal sources comprise of share capital (bonus issue), capital reserve, and reserve and surplus. On the hand the external sources include share capital (bonus issue excluded), share premium, forfeited shares, long term and short-term liabilities and debentures. 3. According to ownership This is either ownership capital or creditorship (debt) capital. Ownership capital includes equity share capital and retained earnings while creditorship comprises of debentures, long-term and short-term liabilities. It is agreed by all accountants where preference shares should be grouped as they have the both elements of ownership and debt. 4. According to cost behaviour This classifies the assets as either fixed cost or variable co st, depending on their expense implications. The fixed cost capital include preference share, long term debt and debentures whereas variable cost capital include equity share and short term liabilities. Firms have different capital structures depending on industry, company type, and proportion of capital contribution. The theories of capital structure try to ask the pertinent questions in leveraging, valuation, and financial balance. This involves evaluating how a firm can affect its total valuation factoring debt and equity, how debt affects the firmââ¬â¢s position. This is by use of accounting ratios 1 Where is the firmââ¬â¢s debt yield, assuming the element of perpetuity of debt 2. [E=EBIT-I] Where we assume 100% dividend payout and the firms earning are constant with no element of growth. Therefore, the earnings/price ratio gives the market discount rate, which equals the present value of the series of expected future dividends at the existing market value of the share. 3. Where is the firmââ¬â¢s overall capitalisation rate. It computation is normally the weighting of the cost of capital as shown below + The theories of capital structure try to explain the relationship between capital, leverage and the firmââ¬â¢s value. What we want to know is what happens to , and when the degree of leverage (D/V) increases or how is the value of capital
Thursday, September 26, 2019
IT Shoes Business Plan PowerPoint Presentation Example | Topics and Well Written Essays - 1750 words
IT Shoes Business Plan - PowerPoint Presentation Example The present research has identified that IT Shoes business is as well popularly known for supplying high quality materials which is used to manufacture high quality shoes. The companyââ¬â¢s shoes sizes ranges from 5 to 10. The IT Shoes company long term plan is to become the world leader in the supply of ladies shoes. The company current popularity and increased sales and profitability is to a great extent brought about by its reputation in offering convenient means of selling its shoes to local customers. Therefore, to become the world leaders in the contemporary multifaceted global market, the company ought to have an effective business plan which incorporates views and options of all players. Moreover, based on the available financial statistics, the business requires some external financial assistance to facilitate its long term development plan. Moreover, the level of the company market competition is relatively low compared to other global markets. The subsequent essay there fore offers and effective IT shoes business. The IT Shoes business intends to be the world leaders in ladies shoes. The company also intends to develop a good reputation in providing convenient means of selling goods through all marketing means including online marketing. Moreover, to effectively compete in modern market, the organisation ought to develop a good reputation for reliable delivery in local and international market. The organisation as well has a vision of becoming overall shoes dealers in European market. Products The company long term plan is to be in a position of providing convenient, trustworthy, and safe means of selling its products in local and global markets. A part from its current variety, the IT Shoes Company also plans to increase its variety by including other several emerging types of shoes. In the next five years, the IT Shoes Company is therefore planning to increase the variety of fashionable shoes, widen the variety of its shoes styles and colours, in crease the quality of shoes which is used to manufactures shoes, as well as selling half size shoes (Reuters 26). Expected Annual Sales and Profit for the year Sales $ 500,000 Expenses $ 450000 Profit $ 50000 Form of Payment IT Shoes business is planning to avail all forms of payment including EFTPOS and cash. The aim of this plan is to enable the companyââ¬â¢s customers to purchase their products in large quantity at any time. On the other hand, the company is planning to ensure that, it fully abides by the existing regulations in their plans to introduce new payment mechanisms. At present, the IT Shoes Company relies on several forms of payments including cheques, money orders, master cards and visa. Key Partners The main aims of the involvement of partners in the business plan is to enable the company reduce its operation cost and increased the general profitability. Being the main targeted market areas, IT Shoes company key partners are night clubs and bars. Night clubs and b ars help the IT Shoes business to effectively market its products to its potential customers. On the other hand, vending machine providers are also the major partners of the company. In its plan, IT Shoes plans to distribute readymade products to its products to new markets areas. Value Proposition and Customer Relationship At present, the IT Shoes Company has successfully identified the existing value addiction gap in shoes industry. In its operations and marketing strategy, the IT Shoes Co
Wednesday, September 25, 2019
The Smith's Snackfood Company in Australia Essay - 1
The Smith's Snackfood Company in Australia - Essay Example The company also boasts as having a very strong distribution network in the country since it is able to distribute its snack products to over 60,000 outlets spread all over the country every ten days. The companyââ¬â¢s main products include Smith Crisps, Ruffles, and Lays while its snack brands include Lays, Doritos, Twitties, Cheetos, Parkerââ¬â¢s, Burger Rings, and Red Rock Deli. Salty snack food industry is said to contribute greatly to the Australian economy. Salty snack food industry in Australia is worth $26 million according to a report. The industry grew by about 12% in the year 2011, and the growth is expected to continue due to the increased demand for salty snacks in the country. As earlier stated, Smiths Snackfood Company is the leading supplier of salty snacks in Australia with its snack brands reported to have grown by 25% in 2011. However, the companyââ¬â¢s market is divided into three segments namely potato (68%), Corn (14%) and Extruded/ Cereal (18%). The co mpanyââ¬â¢s dominance is the industry emanates from its strong presence in every product segments, where its main brands such as Doritos, Smith Crisps, and Twisties have remained leaders (Friend, 2012). The snack food industry in Australia is marred by stiff competition among leading plays, which competes for the sensitive segments in the country. For instance, Smiths Snackfood Company faces stiff competition from other key players such as Arnotts Snack Foods, and Proctor and Gamble, Smiths Snackfood Company. As a result, Smiths Snackfood Company has always engaged in a strong advertising campaign aimed at attracting certain market segment in the country so as to maintain its dominance and improve its performance. In fact, the company was ranked 21st overall in Australia in terms of the advertising campaign according to 2001survey.
Tuesday, September 24, 2019
Dispute Between Workers Union And Employer Case Study - 17
Dispute Between Workers Union And Employer - Case Study Example The Union has appealed to the NLRB to set aside the election results. If I were on NLRB, I would set aside the elections because of the provisions of Taft-Hartley labor act. While the act allows employers the right to interact with employees with the aim of influencing union activities and actions, expressions into the interactions must not pose threats of reprisal. The case, however, identifies potential threats of reprisal, from the management, which could have intimidated union members and led to restraint from participation in the elections. From the supervisorââ¬â¢s repeated appearance in the vicinity, the union members had all the reasons to fear intimidation and harsh treatment from the management if the union won in the elections. It was also normal for the union members to believe that the supervisor was acting in his normal capacity as an agent of the management because that is his regular position. These arguments identify implied the threat of reprisal and mean that the employer, through its supervisor, breached provisions of the Taft-Ha rtley Act.
Monday, September 23, 2019
Human Resource Learning and Development(Reflective Learning Critique ) Essay
Human Resource Learning and Development(Reflective Learning Critique ) - Essay Example 217) Socio - Psychology depicts human beings as social animals, seeking and learning from experience, through observation, cognition and reflective processing of mankind. In theory, it enhances the human thinking and inculcates the notion that we; the social animals, adapt to changes in society and learn as the society evolves. The learning experience is one which is a never ending process, one that defines our very existence (Hassan, 2007). According, to the Swiss Biologist, Jean Piaget, when human beings are born, they know nothing; they have no mental or verbal skills. However, with experience they learn and adjust themselves in the very society they live in. According to the literature, one uses each experience either positively or negatively; completely ignoring it would not make it an experience (Jarvis, 2003). A constructivist learning environment is a place where people can draw upon resources to make sense out of things and construct meaningful solutions to problems. It emphasizes the importance of meaningful, authentic activities that help the learner to construct understanding and develop skills relevant to solving problems. The literature and theories that we have analyzed and fathomed have given a more profound understanding to the learning process that one takes for granted but which leaves a strong impact on our persona and psyche. The models we studied provided a valuable insight into analyzing my experience and use it as constructively I can. My experience is one which is holistically simple but taken in a reductionist perspective, one can see how, I have learned from it (Mathis & Jackson, 2004). The transition from a high school, to a university is a crucial experience in a studentââ¬â¢s life, I was no exception. In school we are used to being given structured lectures, supervised assignments, or study at the end of the term. In
Sunday, September 22, 2019
Buddhism Assignment Example | Topics and Well Written Essays - 750 words
Buddhism - Assignment Example Moreover, the tradition accepts suffering as a component of human life (BBC). The four noble truths laid out by the Buddha enable believers to overcome obstacles that hinder them from understanding their real nature. Buddhism lays its foundation on the four truths. They are also rare among other religions in the world and focus on strengthening the faith of the believers rather than their warrior acts. Buddhists never use four noble truths to justify the warrior culture or any form of military actions and exploitations. The four truths ascribed to Buddhism are herein mentioned: Life is suffering: this is the first noble truth in Buddhism. It argues that the existence of the human nature is painful. In addition, suffering does not end with death due to the cyclic nature of life. Believers should focus on strengthening their faith and promoting peaceful coexistence between themselves as well as with nature rather than lament on the painful situations they encounter in life. There is a source of suffering: the second noble truth expounds on the cause of suffering among humans. It explains that suffering results from individual clinging and craving. In addition, suffering has links with human ignorance of reality. The desire held by people to satisfy their immediate interests is the main source of suffering in life (BBC). Individuals can overcome craving: the third noble truth establishes the cure for suffering among believers. The truth argues that a person can end his/her suffering by overcoming the need to satisfy their personal desires selfishly. Once an individual overcomes selfish craving, they enter into a state alluded to as Nirvana and that their suffering diminishes. In this state, an individual attains perfect happiness and peace as is the case of heaven. In Buddhism, it is the highest achievable state. The fourth noble truth provides believers with a criterion for overcoming selfish cravings. The process involves eight steps, which
Saturday, September 21, 2019
Wangari Maathai Essay Example for Free
Wangari Maathai Essay Wangari Maathaiââ¬â¢s Green Belt Movement has planted over 40 million trees all over Africa. Wangari Maathai was the first African women to receive the Nobel Peace Prize for her contributions to sustainable development, democracy, and peace and founded of the Green Belt Movement offers a refreshingly unique perspective on the challenges facing Africa. Wangari is loved by the people and she gain respect from them all. She helped and put forth the end to environment degradation. Forestââ¬â¢s need to used more sustainably and the government and individuals can reduce tropical deforestation. Wangariââ¬â¢s Green Belt Movement was the one that bought everyone together so that they can work as a team. Wangari became very important to the people of Kenya, Africa and the international community. There were some issues that Maathai felt strongly about that will affect otherââ¬â¢s lives on a daily basis. One of the issues that Maathai is very active on the issue of environmental conservation. Due to her role in the environment and the Green Belt Movement there were more than 20 or 40 million trees that have been planted which lead to other countries to start a tree planting program that help people to care and learn to [plant trees. Women all over the world was helped by the examples that Maathai sets. Maathai has served as an inspiration for many in the fight for democratic rights and has especially encourage women to better their situations. The Green Belt Movement organizes rural women in Kenya to plant trees because some of the people there didnââ¬â¢t really take good care of the trees so they put effort that combats deforestation while they generate income for the community and promoting empowerment for women. Since Maathai founded the GBM over millions of trees have been planted and nearly over 30,000 women have been trained in forestry, food processing, beekeeping, and other sustainable and last is income generating activities. The GBM do have some challenges that they had to face until Maathai stepped in to do what she can do to help Kenya with the GBM and other problems that they have. Lydria Gathii is one of the Green Belt Movement volunteer helper that help the women form groups and show them how to form tree nurseries which do a very good job at helping others. With the poverty thatââ¬â¢s going on in Kenya Maathai reducing poverty by opening a Women for change Facility to help young women in Kenya Africa face their sexual and reproductive health problems such as preventing AIDS and HIV. The income that the group of Kenyans have help with the organization by selling their seedlings and being educated about the environment and how to progressively save it. Maathai continuing to reduce poverty in Kenya one day at a time so that they wonââ¬â¢t have to worry about anything. After everything that Maathai did for her country she died on September 25, 2011 at the age of 71 after a battle of ovarian cancer all her memories will live on. To use forests in a more sustainable way, humans must make use of quick return woods such as some pines and bamboo. Woodland gardening techniques, reusing wood products and finding wood substitute. Three ways in which governments and individuals can reduce tropical deforestation are supporting Eco- forestry where only the minimal needed trees are cut, recycling papers to reduce the need to cut down trees and using alternative products to wood, such as bamboo, which is a quickly self- replenishing resource with multiple uses. Another thing is to help sustain tropical forests of the world must be united to discourage deforestation and degradation. The effort of slow population growth, decrease/ eliminate world poverty and provide environmentally supportive government that subsidies and reduce the debts owed by the developing countries which place a monetary value on ecological services provided by tropical forests.
Friday, September 20, 2019
Discussion On The Contribution Of Positivism Philosophy Essay
Discussion On The Contribution Of Positivism Philosophy Essay The universe, everything will change this world everything goes. Society, as a large system, in science and technology become increasingly developed, the rapid improvement of peoples living standard, they also forced us to face one another social problem: The first is the living space needed for the growing and the existing living space very small contradictions, raising concerns about the future of the Concerned; and the real social problems which also plague the people day after day, prompting people to reflect on these issues. Positivism is a product of social change is that people are a reflection of social issues, and its produce to the community has made great contributions to the ensuing also include the limitations of positivism. This essay will talk about the meaning and development of positivism, and then it will show the contribution of positivism and its limitation. The essay also focuses every positivist who makes a significant contribution for positivism. When people want to know the contribution of positivism in society, then they hope to discuss critical of positivism. Firstly they should know what is positivism? What is it time to start, what are the reasons of origin, and other development? (J H Bridges, Robert Speller and Sons 1957) Positivism is a kind of sensory experience stress, rejection of Western metaphysics, the philosophical schools. Empirical positivism was as a form of expression, resulting in the 19th century, 30 to 40 years in France and Britain. Before that, I. Newton, D. Humes empiricism has been involved in empirical question, and the early 19th century French utopian socialists H. Saint-Simon first use positivism. However, strictly speaking, the founder of positivism is the French philosopher, sociologist A. Comte. From 1830 onwards, Comte successively its six volumes of this evidence-based philosophy tutorial, marked the formation of positivism. In accordance with the views of Comte, positivism, broadly speaking , (Comte 1844) philosophical and political system by the composition, the former is the foundation, and next one is a huge system of purpose; narrow to say that Comte founded positivism that is empirical philosophy. Comte that the history of mankind from superstition or metaphysics of science process. When the communities of scientists manage the society, people entered the reality phase. After Comtes positivism, Durkheim righted to be amended and created his own new theory of social fact. What is social fact? (Hadden, p. 104) Durkheim defined social facts as things is the fact that external coercion, which is to create a collective strength rather than from individuals. While they may not seem to be observable, social facts are things, and are to be studied empirically, not philosophically (Ritzer, p. 78). Social Facts: When I perform brother, husband, or citizens, when I carry out my contract, my responsibility, so I define the responsibilities, external to myself and my behavior, in law and custom. Even if they meet my own emotions, I feel that their subjective reality, which is still objective, because I did not create them, I just through my education, inheritance them. (Durkheim Rules, p. 1).à As examples of social facts, Durkheim cites religious beliefs, currency used to undertake transactions, and factors such as the practices followed in my profession (Durkheim Rules, p. 2). These types of behavior or thought are not only outside the individual, but, in addition, to give to force them to impose his own virtue, his personal will to the transfer. (Durkheim Rules, p. 2). à Subsequently, a number of philosophers and scientists of the Comtes positivist philosophy be revised to exclude an epistemological doctrine, promoting a new philosophy of science, there has been Machism and logical positivism.( J. T. Blackmore, R. Itagaki, and S. Tanaka 2009) E. Mach believe that the real science is a fine phenomenology, that is the exact description of a person feels, including this one from where they found some of the rules. He was opposed to the introduction of atomic physics and chemistry, and to a positivist tone of voice, said: You really see it? To the 20th century, Positivism and B. Russell and AN Whiteheads combination of basic mathematics and become the Vienna school of logical positivism lord. Therefore, the history of the positivism is divided into two types: the early positivism known as the old positivism, logical positivism, also known as neo-positivism. Since the days of self-Comte, positivism, who has been graded to be organized on various subjects? From the oldest and the most basic physics to social sciences, each science are assumed to be restored to a sub-1 level, so almost all science and all branches of physics. Genially, (Comte 1844) positivist thought in general the pursuit of scientific facts can be observed, verifiable, and that the predictable future society must be good. Positivism on this attitude of society in the future there are similarities with the utopian socialism, positivism, the contribution of other obvious trend is that it track to track the development of science and scientific development process of the absorption of the factors conducive to philosophical reflection. In short, positivism is a major benefit from the development achievements of modern science and philosophy, but the birth of science to the philosophy of conversion factor is the overall development of modern Western society. The existence of things is a double-edged. Positivism defect is very clear: First, (Alfred Schutz, George Walsh, and Fredrick Lehnert 1967) it over-emphasized the phenomenon, namely, the importance of perceptual knowledge, ignoring rational thought in the history of contributions to human civilization. This caught in inductive way of thinking. Second, (M Weber 1978) it ignores the peoples awareness, particularly the limitations of perceptual knowledge, but to perceptual knowledge extended to the whole of human history. Means that as long as the positivism of cognition, in any era is all that can be perceived, but people know the reality not the case. Third, positivism not seems to realize that natural scientific approach congenitally deficient. Therefore, people can also make such a positivist criticism. Then positivism is not a panacea theory, is that many positivists themselves think so too, therefore, on some issues people can and must be positivism to the study, in some other iss ues; people will need to use some other ways to solve the problem, such as rationalism, not only positivism. Then the famous positivist Comtes positivism is a kind of sensory experience stress, exclusion metaphysical schools of Western philosophy, Comte use it to try to distinguish and thus to replace the traditional philosophy of idealism and materialism. Comtes positivism is the idealism of Berkeley and Humes empiricism and Newtons mechanistic philosophy of combination. It is in this experience, tradition, inspired by the positivist philosophy of Comte from which extends the theory out. Positivism, empiricism has inherited the basic viewpoints of the past, that the origin of all the issues on the world belong to metaphysics, but only what is the philosophy of phenomenology should be studied. (A Comte 1988)Comte advocated everything should be based on the point of view the phenomenon as a starting point, only those who really based on knowledge are scientific. Positivist philosophy of Comte first three stages of the development of the human mind of the inspection, the second is an empirica l interpretation of the spirit. Comtes sociology, said that he was mainly from the positivist point of view, put forward the idea of building a modern society. In addition, (A Comte 1979)Comte is divided into social statics and social dynamics the two blocks of sociology, Social Statics study of social system and social structure, this is not to consider the social system of basic movement, to study the various components of the system between the roles and counterproductive law. It corresponds to the order. Social dynamics, which research development and changes in the social system, the laws, the core was social progress. This distinction is not a distinction between two types of facts, but the distinction between two aspects of the theory order and progress, statics and dynamics, are always interrelated. However, (M J Smith 1998) Comte focus only on his own during this period of European cultural values, there is no more comprehensive look at the definition of positivism; his stu dy has limitations and is in a particular environment, a study is not comprehensive. (B Agger 2007) Durkheims contributions mainly have social facts, social aspects, and division of labour and sociological approaches. According to social facts and social aspects he has a strong social structure point of view, in every one of us is subject to these social facts, and how we must adapt to these means. Durkheim believed that the division of labor does not lead to social disintegration, but the change in the form of social solidarity provides a useful method of study of modern society. However, there are some problems with his opinion such as actions, consensus, solidarity and common Consciousness. Although there are common ethical in our society in many aspects, there is one in similar circumstances, a person acting in various ways there are also many opportunities. Durkheim may be aware of this possibility, but he did not seem to have anything to say about the nature of human motivation. He was too concerned about the larger structural problem. human action or human act ion is unlikely that the theory is limited. Webers action or models, such as symbolic interactionism the most recent here, some of the methods will prove more useful. While doing thinking of Durkheim on social unity and a source of useful contribution, which usually seems to be his only concern. Durkheim and structure of the functional approach with the difficulties of the latter is almost completely ignored the conflict and power differences. (Laurence D. Smith 1988)Laurence D. Smith (Author) à ¢Ã¢â ¬Ã º Visit Amazons Laurence D. Smith PageAfter Durkheim, logical positivism empirical basis in logic as a tool for reasoning, using probability theory to correct conclusions. It is believed that the scientific study of human behavior is the only correct way. Logical positivism that: a question of fact that only recourse to observation alone. Lets say the logical positivism of the logical. Logic is an important tool for logical positivism. One is the scientific methodology of inductive logic, and the second is to create a semantic study of its interpretation of the logic. (M.W. Wartofsky 1984) The scientific concept of logical positivism does exist significant deficiencies, in which one of the most fundamental flaws is the humanistic significance of science and humanistic values of neglect. In accordance with logical positivism of science and scientific interpretation of Marxism, Science was seen as a kind of beyond the hum an or higher than the human nature becomes a self-existing entity, or be deemed to be a kind of detached from the on which it depends and development of the human condition, needs and interests of the mothers thing In conclusion, Positivism is a manifestation of social progress, it is a kind of social development and peoples thinking, and positivism is a philosophical genre, which is the empiricism of the evolution. It is an important component of Western philosophy, but there are also right to criticize the views of positivism, Western scholars have also put forward their own views, New Kantianism, Functionalism, Structuralism, Exchange theory Symbolic Interactionism Behaviorism and Post-modernism, etc., on the evidence ism expressed doubts and make their own good reasons. So people need to be more substantial look at these theories to better use than them.
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