Essays on Budget

Introduction

Financial budgets refer to monetary estimates of expenditure that the organization expects to incur in future as it carries out its periodic business operations.
Budgets have proven to be important business tools over the course of time. One of the most important uses of the budget is that it can be used by the management of a business entity to make decisions. Decision making is the most important process in a business entity because it determines the direction of the business after a financial period. Financial periods are marked by losses or profits depending on how the entity has Continue reading...

COMPANY DESCRIPTION

Fantasy Hotels is a leading UK based hotel chain which was established in the year 2004. The company mainly focuses on establishing and running budget hotels across Europe. Over a quick span of time, Fantasy Hotels had grown into a leading player in the European hospitality sector. Even though a budget player, the company’s hotel properties provide all the basic facilities like wireless internet, LED televisions with cable access, swimming pools, dry cleaning, etc. The company manages to provide these additional facilities by charging an extra fees over and above the regular room charges. As Fantasy Hotels is Continue reading...

1.1 Describe with examples, some of the characteristics of food production and food and beverage service systems that is in use within the hospitality industry.
The food and beverage industry are a multi-billionaire industry, that has catered to many, making it a new industry that people can look forward to. There has to be a system, that the service directors are using to inherit a food service system that are to be followed by the directors all day-long.An option in food service industry is what we are bound to look for if there has to be a look-out and Continue reading...

Executive Summary

Athletic drink market is continuously growing. Currently, this market is worth $7 billion, and it is expected to grow into a $20 billion market by 2020. The products available in the market are of “one size fits all” type with Pepsi and Coca-Cola dominating the market share. Since the nutritional requirements vary from one person to another on the basis of size, weight, height and type of sports, the “one size fits all” type of products fail to fulfill all the bodily needs of a sports person. Customade is a product that has been designed to provide customized nutrition Continue reading...

5. Results and analysis of mystery points, hardware and software system for the business
6. Bus topology diagram
7. Analysis of journey map
8. Overall Budget plan for the business.
1. Business description: Semesh is a business organization that wants to incorporate information technology in business. The business management wishes to determine the lowest cost for installing hardware and software and spend less than $25,000.The budget should not include expenses such as cost of the ISP-set up and communication system. The business, however, intend to get a router that is free as part of the ISP-set up package Continue reading...

•Identifying and explain how the significant outcomes of the project will occur.

- Considering the current situation of dissatisfaction among the employees and decline in customer satisfaction, an effective Board of Governance will be required to be put in place. It will help in over sighting the behavioral and general efficiency of the employees and operations at large, and also assesses customer satisfaction.
- Clear delineation and coordination of roles to be played by both the employees on various levels and the boards will have to be clearly outlined and coordinated. Since the initial roles were ranging from management to administrative levels and it seemed that everybody was involved in almost Continue reading...

A strategy is an action or plan that is made to achieve an aim or goal. Overstock.com came to be in the year 1999. It is an online shopping company that serves a certain niche of clientele. Its brands are very affordable. The aim of the company is to become the premier company selling excess inventory through the internet. The company has grown to become an online shopping company that is a force to reckon with in the market. Though the company has received major competition from other online shopping companies like EBay and Amazon, it still remains the Continue reading...

Question 1

Since the 1960s, the priorities of the federal government have been on a collision course that threatens to destroy public investments. There has been a dramatic expansion of entitlements that started under the great society. Likewise, investments have taken a decreasing share of the federal budget. As the Baby Boomers enter retirement, entitlements are expected to intrude upon an even larger part of the federal dollars reserved for building roads, educating kids and way for technological breakthroughs. This is so because entitlements are an extremely essential part of economic security and without change investments will diminish affecting the ability Continue reading...

Analysis of 10k of Dish Network and Direct TV

Executive Summary
Organizations have to work extremely hard to maintain their effectiveness in the market as it is something which induces them to work hard for the economic prosperity. Every company that worked under a specific industry always try to maximize its financial belongings and shareholder’s wealth, but is really important for them to mitigate the issues relating to it which certainly leads to higher economic prosperity.
Financial based competitiveness could be extremely important for the sake of an organization in particular. The main perspective of this assignment is to analyze the financial power of two different companies Continue reading...

Question 1

Facility protocols refer to the plans and procedures in place to address specific issues that health care Institutions face. Nurses must understand their role in relation to the development and implementation of facility protocols. Discuss any health care facility protocol regarding reporting incidents, disaster planning and emergency response, and security plans.

Response 1

Protocols recognize the least expectations for the public health programs and services. In developing programs and services in excess of minimum requirements, where required to address local needs authorized by the boards of health. The accountability for the implementation of the standards that includes those protocols that are Continue reading...

NPV= A1/ (1+k)1 + A2/ (1+k)2 + A3/ (1+k)3 + An/ (1+k)n – C

Where; A- Annual cash flow

k- Cost of capital

C- Initial investment

n- Number of years

Therefore;

NPV= 450,000/ (1+0.11)1 + 639,000/ (1+0.11)2 + 700,000/ (1+0.11)3 + 550,000/ (1+0.11)4 + 1,850,000/ (1+0.11)5 – 2,425,000
= 450,000/1.1 +639,000/1.232 + 700,000/1.368 +550,000/1.518 + 1,850,000/1.685 - 2,425,000
= 405,405.41+518,668.83+511,695.91+362,318.84+1,097,922.85-2,425,000
= 2,896,011.84-2,425,000
NPV = 471,011.84
The NPV of the company is 471, Continue reading...

For example Elizabeth L. Angeli, Department of Psychology, State University.

This research was supported in part by a grant from the Sample Grant
Program.
Angeli, Department of English, Purdue University, West Lafayette, IN 55555
Project Management
Definition and Introduction. A project is a one-off task as compared to an “ongoing task”. Project management focuses on completing one-off tasks on time and on budget. One of the dark side of project management is that a project objective may fail to be met. The project manager has the following responsibilities.
- All stakeholders agree to granular detail on the expected outcome Continue reading...

Integrated Marketing Communication: Easy Jet

Executive Summary
UK airline industry is one of the most advanced in the global market with a number of the globally leading operators. The industry is highly competitive and marked by local and international airlines which accounts for the creation of more than 220,000 jobs. (BATA, 2014) However, the market is subject to several factors including technological advance, economic factors variation, social preferences and lifestyles changes, political factors, environmental regulations as well as legal requirements. Those factors set industry trends and determine the industry dynamics including increasing competition, operation’s efficiency and wider market reach as well as Continue reading...

Part I

Answer 1
It is a static budget in since the planner had already set the expenses together with the expected revenues. The fees each student was to pay had already been determined and accounted for. Each student was required to pay, the estimated grants to expect and the expenses that would go to salaries, purchase of equipment and other miscellaneous expenses.

Answer 2

The total revenues for the 120 students less grants was 802,567-(50,000+10,000+5,000+10,000) =727,000. Total revenue per student727,000/120=6058.3333. The total revenue less grants for the 100 students was: 681, Continue reading...

Economics

The European countries are facing lower growth rates, just as they faced in history. The austerity measures have brought pain to the euro zone, and these measures provided no relief. The euro zone countries are reducing their spending by the double digits. Such reduction is increasing unemployment in Europe. The eurozone countries are trying to find the possible ways that are suitable for countries that are stagnant economically for the prosperity of the countries. In order to achieve the better growth for the economies, the countries are adopting austerity. Austerity is the intentional deflation of the domestic prices and Continue reading...

The Reasons Schools Contract Out their Services to Private Companies

The use of contracting services out to specialized service providers is increasing in school districts nationwide. Two of the most frequent areas where this practice occurs are in the custodial and transportation areas. The primary reason that this subcontracting of services is initialed is to save money. Many districts are struggling financially and service providers tout a huge savings while saving the school district’s administrative and other headaches in the process.
Relieving some of the headaches from administrators might sound well and good, but in truth, however, that in some cases, the subcontracting of services does save school Continue reading...

1. What is the role of congress in policy making process?
A policy is defined as a course of action that is established by the legislature, executive or the judiciary to influence the behaviors and decisions of the citizens in a federal state. Policy making process is not a monopolized affair and, therefore, involves decisive interactions among all arms of the government and the public participation. The congress and the President participate mutually in the legislative roles to a greater extent. However, their roles are made distinct at some point. The Congress is mandated in Law making, representation of Continue reading...

English

Fighting Superbugs; more refined tactics need to be discovered
Frequent use of antibiotics promotes growth of antibiotic resistant bacteria or superbugs. These bacteria are immune to the strongest medications. Despite the great progress in healthcare and medical technology, antibiotic resistant bacteria still need to be addressed very effectively. Superbugs are at rage against the humankind. An estimated one in twenty, or five percent, of patients now pick up a threatening superbug infection from the hospitals and this number is rising all the time. A recent study has shown that more than 1.7 million patients in the United States develop Continue reading...

International Marketing

Introduction

The geography of Kenya is highly diverse. The Western and Central Kenya is categorized by the Kenyan Rift Valley, Mount Elgon and Mount Kenya. Kenya is present across the equator within east-central Africa, on the Indian Ocean coast. It is two times the total size of Nevada (Central Intelligence Agency, 2014). Moreover, Kenya borders Ethiopia in the north, Somalia in the east, Uganda in the west, Tanzania in the south and lastly, Sudan in the northwest. Additionally, in the northern region, the land is barren while the southwest area is within the lush Lake Victoria Basin. The climate Continue reading...

Executive Summary

The current research relates McDonald’s – the largest fast food restaurant chain in the world. Nowadays, the company is operating in many countries and succeeded to develop a strong brand. The current tendencies of the food industry include healthy nutrition that is inconsistent with the concept of McDonald’s. The company faced the necessity of changing menu towards more healthy, introducing more healthy products, and changing its concept (IBIS World, 2014). The current paper contains SWOT analysis aiming to analyze the situation and make propositions related the new concept of McDonald’s. There were suggestions related the new products Continue reading...

- Can schools be managed and operated like business?
Management of schools should take a form similar to any other organization that is geared towards achieving certain results. Management, in a general sense, involves several functions that lead to the coordination of peoples’ efforts in a manner that would make them achieve some desired goals and objectives. These goals and objectives are set by the management of these organizations that undertake the coordination of the said efforts. For the coordination to take place, there must be the deployment of certain resources that must also be used in an effective Continue reading...

Evaluate the implementation of the Denver International Airport Baggage Handling System.

The initial system was technologically advanced and would see Denver Airport become a world leader in baggage handling; however, the system that was implemented was mostly manual and a shadow of the original. The initial design had the aim of integrating concourse A, B and C into a single system but what was implemented could only support outbound flights on the united concourse only. The system was aimed at automating baggage handling in the entire airport but what was implemented was a small portion and system used more was a manual tug and trolley system. The Baggage handling system Continue reading...

Introduction

Trade unions are organizations that represent the working people. The membership of these organizations comprise of employees from different sectors of trade, professions and occupations. The union’s main objective is to represent its members in the working environment and in the general society. The working of the trade union is through collective bargaining as well as through a harmonized rule-making process. The South Africa trade union is the largest in Africa and plays a big role in the labor market and industrial relations in determining policies in the country. There are three prominent trade unions in South Africa Continue reading...

The role of policy makers in any economy is to regulate macroeconomic activities with the main goal of maintaining economic stability. The goal of the policy maker is to maintain stability, which is significant in promoting economic growth and social welfare of the citizens. The policy makers have implemented various policies to stimulate the economy since the financial crisis when government suffered a critical national debt. They are also trying to implement a reliable strategy for balancing the government’s budget in the long- run to solve macroeconomic problems. Therefore, implementing long-term fiscal sustainability is vital for today’s Continue reading...

Labor unions in the U.S

There are two main reasons why the American Federation of Labor (AFL) succeeded while other unions such as International Workers of the World (IWW) and the Knight of Labor (KOL) failed. First, the AFL had an added benefit as the union was less radical than the other unions that failed. Secondly, the AFL was able to cover more skilled laborers that the other counterparts. Dissimilar to the other Unions, AFL concentrated on improving the working environment for their members by advocating higher wages, shorter work time and better working relationships (Peterson, 24). The union did not concentrate on the Continue reading...

ABSTRACT

The term utility in economics is defined as the satisfaction or fulfillment an individual gets from consuming a certain good or a service. Utility is one of the major subjects used in understanding consumer behavior in economics. Utility of a good is usually expressed as a function of only the amount of that particular good. However, utility cannot be measured quantitatively and therefore it is a subjective concept depending on each individual. Some economists have argued that utility can be measured in utils but this unit of measurement is not quite clear and also it is not recognized universally. Continue reading...

Internal control practices are the activities that enable a company to maintain an environment that is solely focused on accountability and ethics. These are systems that are put in place to safeguard the resources of the business. By putting in place these practices department benefits in the following ways; one of the benefits is that the internal controls provide checks and balances on the usage of resources. They also ensure that the areas of priority in an organization are identified as well as addressed. Another benefit of putting in place internal controls is that it allows the company to Continue reading...

The cash payback period is that period which cash for the investment project is borrowed and that time which is to be paid back. Therefore, the cash payback period will be;
Cash payback period = Initial CostAnnual Cashflow = 750,000/170,000 = 4years 5 months
The net present value of the project refers to the present values of an investment especially using time to evaluate an investment. Therefore it is given by;
Net present value; 1st year = (750,000 × 12%) = 90,000
2nd year = (840,000 × 12%) = 100,800
3rd year = (940,800 × 12%) = 112,896
4th year = (1,053,696 × Continue reading...

The resolution by the United States to increase the number of people who get incarcerated has come with abnormally high cost that has become quite difficult to manage. Compared tony other country, the number of people who get incarcerated in the United States has been on a steady increase. It has fueled the United States budget with substantial values. The cost of managing the incarceration is very high. As reported in the year 2008, more than 2.3 million American was serving prison terms while out of every 48 working age men, one was behind the bars.Precisely, the cost of Continue reading...

Introduction

The United Arab Emirates’ became independent in 1971; it records an economic freedom score of above 70. This has made the economy of UAE appear in 28th position among the freest in the 2014 index. It has increased its rating and this year it has reordered a 0.3 point higher than last year. This has been made possible by improvements in labor freedom, business freedom, and monetary freedom which have outweighed the control of government spending. The first assessment of UAE was made in 1996 index and since then it has been a regional leader in economic freedom, this Continue reading...

The Reduction of Forces in the US Army

Killo Gibson
Excelsior College
- Introduction
The case study of organization behavior that attracted me to investigate on is the “Reduction of Forces in the US Army”. The problem statement I want to specify is that the financial cost of US army has upsurged. The managerial issues are primarily being identified as the cause of this situation. While we want to cut off the military budget, we cannot ignore that the army is a cornerstone of one country that cannot be bargained. Therefore, it comes to strategically analyze the organizational problems in its leadership style, culture, communication and organizational Continue reading...

These items were carefully chosen so they could fall within the allocated budget. I considered product quality since the hotel management needs products that can withstand heavy use. The items will be sourced from various retailers in Australia and no item will be imported because of the high costs involved in importation. This analysis requires the approval of the General Manager and Financial Controller. I secured at least three quotes for each item and made a comparison although I only had to list one.
My target was to use at least 50% of the total budget allocated, so as Continue reading...

Part 1. Right to Strike

Present arguments for Public Sector Collective bargaining
Lewin, Keefe, and Kochan (750) argue that collective bargaining in the public has been facing increasing criticism from the government for the past few years. The process where employees unite to negotiate with their employers for salaries and other benefits is argued to give the public sector an added advantage over their counterparts in the private sector. However, new evidence reveals that the public sector needs the collective bargaining more than ever. First, research reveals that the public sector workers make 4% lower compared to employees in the private sector (Budd 2006). Continue reading...

The total budget of the United States is comprised of the off-budget and the on-budget. Off-budget are parts of the budget that have trust funds. This is for instance social security fund, and Medicare. On the other hand, parts of the federal budget that operate without a trust fund are referred to as on-budget. A deficit or surplus in the total budget is influenced more by the on-budget than by the off-budget such that, a deficit in the on-budget increases national debt. Much of the history of the history of the United States of America from 1930 to 2011 Continue reading...

Introduction

Analytically, Softwood Ltd has been experiencing growth in the recent years thanks to its large client base. In its effort to expand, the business should make sound financial decisions to avoid a possible decline of its current position.

In their endeavor to expand, Softwood Ltd has various sources of finance to rely.

1. Internal sources
Internal sources encompass all sources of finances within the company. These could be retained profits, proceeds from sale of furniture of the company’s property and personal savings by the owners of the venture (Dlabay, 2008).Examples of internal sources are;
- Retained profits
- Tighter credit control
- Reduce inventories
- Delay paying trade payables
2. External Continue reading...

The agency mandated with protection and assessment of health conditions to all citizens and immigrants of United States is the department of health and human service. This is usually abbreviated as the HHS department (Siplon, 2002). This arm of the United States’ government plays diverse roles and ensures full implementations of Care Acts that are affordable alongside emphasizing on maintaining the integrity of the various programs offered in relation to Medicare in the United States (Ford & Spicer, 2012). HIV/AIDS pandemics have been reported to be on the rise in the recent past in the United States of America. According Continue reading...

The Department of education would this financial year like to make the connectED Initiative the core focus of our department. The mission of the Department of Education continues to be promoting student achievement and preparation for global competitiveness by fostering educational excellence and ensuring equal access. American students need to be adequately equipped with skills that enable them to compete with students from all over the world (Adam, 58). This can only be done through increasing interactive and individualized learning experiences driven by new technology which uses platforms such as digital textbooks that assists students to visualize complex concepts Continue reading...

Budgeting is a crucial aspect of any institution or government’s operations with an aim of enhancing goals and objectives’ achievement in line with specific environment and needs. Thus, budgeting is greatly guided by policies that define the suitable actions in line with set goals and objectives either in response to changing environment or as a way of fostering opportunities’ utilization. In that respect, governments have budgeting planning that is specific to their constituents’ needs and that defines the objective of this analysis which seeks to demonstrate the budgeting process for a State in view of its status and Continue reading...

Introduction

The Pew Center on the States (Pcs) identifies and propels arrangement solutions to basic issues confronting the states, in part through the work of its Government performance Project (PEW 2008). For very nearly a decade, Pew, Governing magazine and group of scholastics has worked together on this venture to survey the nature of management in state government. PCS have provided the assets for both in-depth reporting and scholarly research to measure state execution in centre areas. Pcs is a working division of the Pew charitable Trusts. Through examination and dissection, for example, this 2008 State Management Report Card, PCS Continue reading...

TOFROM

Introduction
Alcohol consumption unlike other good has rose arguments pertaining to its effect on the society due to excess consumption that is declared national menace since it negatively impacts the society. Several measures have been taken to reduce on its consumption and subsequent effect in the society. One of the measures proposed is increase on tax on alcohol so as to reduce on its aggregate consumption. This is an economic policy aiming to affect the individual supply and demand of alcohol and aggregate resulting consumption. Tax would increase on the burden on consumers as well as producers and its Continue reading...