Essays on Contract

Companies, businesses, or organizations around the globe face stiff competition. Market segments change. The preferences and tastes are equally dynamic. The effect of globalization is real. There is an economic shift from the developed and stable economies to developing. Therefore, it is ideal that companies should tirelessly focus on what makes them relevant in meeting customer requirements. This paper is a mirror reflection of how the Google Company has thrived and lived to its vision as well as mission. It seeks to address the significance of human interactions and correlations in the workplace. The work also gives clear views ...

For years, government transactions and contracts have been kept from public who may wish to review where their taxes go and how their elected officials act in their behalf. However, with the creation of the internet, classified government information is slowly leaking to the public and sites such as WikiLeaks reveal a darker picture of known government decisions that remains controversial even at the present time. Arguments from supporters and opposition of WikiLeaks have grown throughout the years, posing a question as to whether or not WikiLeaks is beneficial or detrimental to the public. Although some may see WikiLeaks ...

Escatsa is an average Spanish company founded by two twenty year olds. It deals with the production of steel sheets jobs for the automotive industry. It is well established locally but then it is faced with the decision to expand internationally to one of two places, Hungary and the UK. So as to make a decision on what location is more favorable for expansion, it needs the analysis of key competencies, the market base, risks expected, cost and financing of moving project. This analysis will assist the company in making the right decision for expansion. A risk analysis helps ...

Q1 Answer

A legal contract takes place when two parties develop a compulsion enforceable by the law. For a contract to exist, various elements should be present. Some of these elements include the offer, acceptance, mutuality of obligation, writing requirement, capacity and consideration. Richards (2006) reveals that an offer entails the promises that require one party to exchange something with another party via a clear agreement. In the case at hand, there existed an offer when Jim and Laura expressed their interest in buying a car from Stan. They clearly did window shopping for the vehicle and at last, identified a ...

As long as the Revolution of 1776 – 1783 established the United States, the Civil War 1861 – 1865 determined the kind of nation they are going to be. The war gave resolutions to two cardinal questions that remained unresolved by the Revolution: whether the United States are going to be a confederation of sovereign states or an impartible nation with a sovereign federal government, and whether it will remain in being the largest slave-owner nation in the world nevertheless it is born of a declaration which proclaims that all people have equal rights to liberty. When Abraham Lincoln won the ...

Introduction

In the current context of continuing business failures and mounting uncertainty in the global market environment, the concept of small business can benefit an economy’s efforts to achieve sustained growth. This paper will analyze fixed-price contracts and cost-reimbursement contracts in the light of fast advancement of the small business sector. 1. Fixed-price Contracts Vs Cost-reimbursement Contracts A fixed-price contract is simply referred to a type of contract where the contract price is fixed and is unaffected by the resources utilized or time expended. In contrast, a cost-reimbursement contract, also known as a cost-plus contract, is a type of ...

Moral Issues

The case raises the question of whether the companies’ policies on pregnancy and marriage amount to disparate treatment or intentional discrimination of some employees based on pregnancy, marriage, childbirth, and related medical/social impairments. Given that women in many societies bear the primary responsibility for child rearing, and are disproportionately more impaired by pregnancy, the requirement that they leave if they get pregnant may amount to sex-based discrimination. Ultimately, the policy may have a negative impact on the women’s labor force participation (even though this does not appear to be the case for these airlines). Lastly, the case raises ...

I would rather receive proceeds from an investment paying 5% compound interest. The compound interest will be higher than the simple interest because the compound interest accrues on the principal amount plus accumulated interests of the previous periods. On the other hand, simple interest only accrues on the principal amount. The future value interest factor for 10% 2 years is greater than the present value interest factor. This is because future value involves compounding while the present value involves discounting.

When the interest rate increases, the present value of annuity decreases but the future value of an annuity increases.

I would prefer a savings account paying interest compounded daily. The more frequent the compounding, the more interest the ...

Summary

According to the article by SmartCEO (2014), occupational fraud remains a big issue in today’s business. Occupational fraud generally refers to intentional employee misdemeanor which results in loss of money by a business. In most cases, such frauds go unnoticed and are usually discovered either accidentally or through the actions of a whistleblower. The article suggests that smaller entities are at a higher risk compared to larger ones. Occupational fraud also occurs across all industries and geographic areas. It means that this issue not only affects businesses in a particular industry but all industries in general. Business owners ...

Introduction

Society has been distinguishing the concepts of good and evil since the ancient times. So, we can say that it had a specific morality - the system of moral relations, feelings, and consciousness. The morality is the central question of ethics, and still relevant to our society. Among the ethical systems I have learned, there are virtue ethics, utilitarianism, social contract, deontology with goals (Hinduism and Buddhism), deontology with divine authority (Judaism, Christianity, and Islam), relativism (individual and cultural), and deontology with a categorical imperative (Kant). So, I would like to say a few words about each of them.

Ethical Systems

...

Business Plan Memorandum

BUSINESS PLAN MEMORANDUM This is in response to the request you made last February 2, 2016 for a business and legal advice regarding entering into a contract with a business supplier under conditions and terms that best suits and benefits you as a party. In dealing with business suppliers, you have to enter into a contract with the other party. A contract is a legally binding agreement between parties entered by them with the intention that it shall have legal effect, which means that any one of them can resort to the law to provide remedy in the event ...

In the recent past, ethics in the context of employment has been considered as universal among employees in both private and public sectors. While courts have solved numerous cases related to the working environment, most ethical issues have remained unresolved. The law stipulates the guidance for making informed decisions concerning ethical issues in working environment, but such issues should also be understood beyond permissible considerations. Therefore, Employment-At-Will Doctrine maintains that in the absence of specific contractual, as well as other legal obligations that stipulate the duration of employment contract; all employees are engaged “at will.” Hence, the statement implies ...

Introduction

The revenue Cycle helps in managing the billing policies and procedures of an organization. Various steps are involved in this cycle including pre-verifying of insurance, a charge capture system, coding of services, ensuring accurate and timely charge entry, payment posting and managing accounts receivable. Meanwhile when it comes to insurance negotiations, the provider and client can choose to come to an agreement. Additionally, one needs to pay considerations when it comes to charity care and private pay.

Revenue Cycle

Steps in the revenue cycle start with pre-verifying of insurance. In this stage, each client should have a copy of their insurance ...

Virtue Ethics

The Merriam-Webster Dictionary interprets the words “truthful” and “truthfulness” as such which “contain, tell, or express the truth” (n.d.). Basically, the word “truth” stands for a situation where something or someone depicts sincerely any unfolding of events free of deception or fraud which cannot be told about Enron’s business. The story states that the first stage of the company’s business engagement involved the energy market and in particular, trading in gas (specifically, it included a commercial chain of purchasing gas from producers and then selling it back to utilities companies) (Healy & Palepu, 2003). In other words, Enron ...

For Relocating Company Head Quarters

Request for Proposal for Relocating Company Head Quarters Objective of RFP – To establish a contract for relocation of company headquarter office premises from 537, Washington Boulevard, Jersey City, New Jersey to new premises located at 222, East 9th Street, Jersey City, New Jersey, with an office moving services. John Baker & Sons Inc; a Private Insurance company located in New Jersey is requesting sealed proposals from contractors for the provision of Office relocating Services from the present site located at 537, Washington Boulevard, Jersey City, New Jersey to the new site at 222, East 9th Street, Jersey City, New Jersey, ...

Introduction:

This paper seek to address the concept of outsourcing information and technological products and services, as a structural business change that will enhance the delivery of quality and tailored insurance products and services to our clientele. This report substantiates the economic benefits of outsourcing information and technological products from India, against the risks involved and the best recommendations that will effectively guide the process.

IT needs in the insurance industry:

Across the insurance industry, there are a number of important IT needs, which include systems maintenance and repair, system development, training, research and development, data engineering and consultancy services, data mining, network management and others ( ...

Benefits resulting from Due Diligence for Responsible Business Report

CSR generates benefits for a business internally as well as for the external stakeholders. However, it is challenging to monetize the benefits of the CSR since much of the benefits are only visible in long run. In addition, the challenge comes from the fact that they are indirectly led to by the positive changes of the CSR (Sino-German, 2012). On the other hand, whether firms are likely and able to practice the CSR is highly dependent on their managers’ incentives as well as constraints that are in turn determined by their preferences, contracts, ethical beliefs and objectives. The major ...

Industrialization after the Civil War Final Paper

Introduction The end of the Civil War in America sparked an unprecedented growth, which affected the economy of the entire country, the social systems and most importantly the running of politics. An interconnection of roads and rail work within the country opened up the American in ways that had not been imagined before. Urban areas and cities grew up along the rail lines, and an upsurge of migration to the towns in search of jobs became a new norm. The advantages and the disadvantages of industrialization have well been documented; this paper seeks to establish the influence that the ...

Change of Business Entity

Introduction Starting a business as a sole proprietor has its advantages and disadvantages and with development, it is normal for entrepreneurs to consider converting to other business types that have better terms. Some of the primary benefits of this sort of business include; the owner has full control of the company operations, can sell or transfer ownership, and does not incur tax whatsoever. Furthermore, the entrepreneurs spend less on acquiring the legal documents as compared to the other types of business. However, entrepreneurs operating in sole proprietorship are held responsible for any business debt or liability unlike the other ...

The question among a majority of the world population is why some countries are more developed than others are. In the world, United States of America and other European countries are considered to have superior economy compared to the developing countries. The situation is so, despite these countries having a richer economic history and a pool of both natural and human resources. The explanation for this situation remains elusive to many researchers with different reasons fronted by the investigators (Acemoglu, 385). However, to answer this question we need to understand the terminology; economic institution and its link to the ...

Background information:

This document addresses the Brooklyn Construction philosophy for the road site maintenance project in Denver, Colorado project, and the minimum Architect/Engineer documentation and submission requirements for the development of the Request for Proposal (RPF) documents. The credentials of this contract comprise of a Level one RFP submission or a level two RFP documentation, as stipulated in this document, and the project analysis procedures, selection procedures, offer requirements, and contract requirements of the Brooklyn Construction Company. This document will not relieve the architect/engineers corporations of their professional obligation to generate an accurate, comprehensive, and fully collaborated Request for Proposal.

Project scope:

The ...

Introduction

Lancer Gallery has a respected reputation for selling and sourcing South American and African artifacts as well as their replicas. Similarly, the company sources and sells Native American jewelry and pottery to varied market collectors. The company’s gross sales were about $35 million dollars in the last years, and it has witnessed a 20% annual growth for the past decade.

Problem Statement

Lancer Gallery Company has been given a deal by a mass-merchandise section chain store to buy and sell its products (Lancer Gallery). Lancer Gallery has to choose between accepting or rejecting the deal. The deal specified that that ...

ACME Car Rental

Facts ACME Car Rental purchased a total of 1,000 Volkswagen model cars at a total purchase price of $17,000,000 from the Volkswagen Company. It then sold some of the cars to individual consumers and other smaller rental fleet companies. However, unknown to the purchaser, Volkswagen Company, the vendor, had fitted the cars with an ‘emissions defeat device’ which is software that was meant to cheat on the rate of emissions of the cars. This was in a bid to conform to the relevant laws and regulations in place. Though these vehicles were able to pass the ...

Background

Earnings Management Earnings management could be defined as activities that involve legal and reasonable management the ultimate aim of which is to achieve financial results that are not only predictable but also very much stable. We wouldn’t be wrong if we said that earnings management is the complete opposite of management which involves illegal activities and financial representations which do not reflect the true and accurate economic state of the company. These types of activities are also very commonly phrased as ‘cooking the books’. Earnings management could ultimately turn into a problem with the money making goals set ...

List of Tables

List of Figures Figure 1: Product Breakdown Structure for SST BI Phase I 9 Figure 2: Deliverables Typically Produced for Each PMBOK Knowledge Areas 12 Figure 3: Summary Gantt Chart for SST BI Phase 1 18

SCOPE MANAGEMENT

This section gives a high level description of the scope covered by this project. The items that are in scope have been allocated to either BPC or to SST.

STRATEGY

For the SST BI Phase I project, SST will outsource certain aspects of the development to Business Process consulting. These are mentioned in the scope definitions section of this document. BPC will work independently ...

PART A (1000) In the online trading we have chosen three different contracts copper and natural gas and corn giving us a well balanced portfolio. Below is a clear explanation on each commodity traded in the Plus500 platform.

COPPER

Copper is considered as one of the oldest metal. This metal has a huge future predicted price as emerging markets opens up to increase their consumption levels. To date, the greatest consumers of this metal are the developed nations. The recent demand hike witnessed two years ago was a result of demand opening up in China and India. The greatest supplies ...

While television and the media dramatize and glamorize murder trials and other violent crimes, these consist of only a small fraction of the law. Even if a person has never stepped foot in a courtroom, laws and regulations are encountered in everyday life. Law is what keeps and maintains order in society. Laws exist in the form of statutes and regulations at the federal, state, and local level. There are thousands of laws touching upon nearly every topic imaginable. Laws are the product of legislation, an elected representative of the people that decides what conduct should and should not ...

The areas covered by the lecture contractual agreements under common law. The various topics covered in the lecture for contracts include the purpose of contracts, elements of contract law, terms of legality of a contract, how to identify a legally binding contract, the factors that make a contract valid, factors that render a contract invalid, who are eligible to enter into a contract, who cannot enter into a contract, and the damages involved in violating the terms of a contract. The lecture also covers the tort law. This part of the lecture constitutes to the identification and successful litigation ...

The discussions talked about international law and civil aviation. International law is based on agreeable documents or contracts between countries. States can also participate in this contractual agreement as long as they support the representation of the law. The conventional agreements are designed as a treaty that imports the agreed laws between the cooperating countries. These Aviation treaty are designed to put rules in place as to the air navigations between the opposing countries. If these rules and agreements were not discussed and signed then the outcome could cause threat between the aviation’s of the other demographical locations. ...

Module 1: Rawhide Brewery’s Problem and Intended Solution

While Rawhide Brewery had been doing considerably well in terms of business, its latest decision of expansion had not resulted in the profits and strategic position which the company had hoped for. The current CEO of the company, Andrew Upson was faced with task of deciding what to do about the rising expenses and comparatively lower profits of the company . Since the company was also under debt therefore it did not have any option to indulge in high levels of marketing strategies. Tabby Cat Beer Company, which was a competitor of Rawhide, was facing difficulty in making the production ...

A Contract

In the words of Judge Learned Hand, a contract “is an obligation attached by the mere force of law to certain acts of the parties, usually words, which ordinarily accompany and represent a known intent” (Solan, 2007, p. 353). Because the formation of a contract carries with it certain legal obligations and rights of the respective parties, it is important to know when a valid and binding contract has been formed. In order for a valid contract to exist, certain elements must be met. There are generally four essential elements that must be satisfied for a contract to exist. ...

What is Public Sector Corruption

A phenomenon that has really stood the test of time in the world is corruption. Whether it was ancient Greece, Rome, India or China; corruption has been prevalent across the ages and is today, one of the most insidious global traits that is undermining the healthy development of social and economic structures in developed and developing countries. Public sector corruption is corruption that is prevalent in government or a government body, which uses public funds to provide public services (Slater, 2011). Public sector corruption is also defined as the discharge of public duties in favor of bribery and corrupt ...

This small summary will analyze the opinions, attitudes and behaviors of the U.S. millennials towards the smartphones and new brands in particular based on different secondary sources, which will help to make the conclusion whether the decision to “go or not go” with a launch of Xiaomi phones in the US. Millennials is an increasingly important segment for all the brands in the United States. Nielsen says there are about 80 million of millennials in the U.S. and they have $200 billion of U.S. buying power, which is huge, however, the mature consumers have $3.2 trillion buying power. Millennials ...

How would you describe HPL and its position within the private label personal care industry?

HPL can be described as a company that was established in the year 1992 and is designed to manufacture the personal care items, which are then sold in the label of the brand by some other companies. These care products include items such as shampoo, soaps, shaving, mouthwash, sunscreen and cream. The retail partners of the company are drug stores, supermarkets and some other mass merchants. The HPL Company is characterized by the wholesale growth that is very stable and over the time, it has become successful as the result of efficient manufacture of its goods. The company also ...

Introduction

The GSA is an independent body of the United States government; it came into existence in 1949 with the objective of facilitating proper functioning of the federal agencies as explained by Miller (2010). For instance, the agency provides products and services encompassing transportation and communication as well as devising policies pertinent to cost minimizations among other management strategies. As such, the essay entails the description of the General Service Administration Schedule solicitation of the United States concerning a service-disabled veteran. Additionally, there is the analysis of subsequent security measures alongside advantages of using electronic submission process in comparison to ...

In their article (Brake, Walker, and Walker 28-78), Bartlett and Ghosal explicitly discussed how businesses can succeed in understanding culture. They also highlighted how businesses can turn cultural awareness into a competitive advantage. In their introductory part, Bartlett and Ghosal argued that culture influence all spheres of life within a country which include behaviors, values, and norms of managers in national companies. They observed that for a long time there has been a misconception that cultural practices have no influence on business and that irrespective of where one conducts business, everything to do with that business is universal. To ...

In the recent past, small businesses have been considered as the engine of the United State’s economy, having contributed approximately 64 percent of jobs generated in the private sector. Hence, the United States’ Congress has recognized the significant role played by small businesses by initiating programs to support and encourage their growth. Besides, these programs are meant to encourage entrepreneurs by recognizing their talents and ideas intended to transform the American economy by creating job opportunities through innovations. Therefore, as a service-disabled veteran dealing with building model airplanes into a small business that offers very small remote control ...

Introduction

“Debt markets are an integral part of the financial sector and effectively supplement the funds provided by the banking sector” (Tariq, 2004, p. 5). In developing markets, these marketplaces are nevertheless at a primary phase of their growth. Islamic rule (Shari’ah) forbids the charging and disbursing of interest. So, in nations anywhere Muslim populace establishes a significant section of the culture, customary debt marketplaces cannot succeed. Henceforth there is a great request and necessity for evolving options to current debt markets that can be satisfactory to the Islamic rule.

IDB Sukuk

According to (Anon., 2016), The Islamic Development Bank is ...

Articulate why an export business would prefer a rising or declining exchange rate for their domestic currency.

Exchange rate shows the price of one currency in terms of another one. Modern economies are open to international trading and business, thus the value of the national currency is regularly monitored and interpreted in terms of the foreign currencies. Mostly, a direct exchange rate is used, which defines the price of a unit of the foreign currency in terms of the national one. However, sometimes. An indirect quote is used to express the price of a unit of the domestic currency in terms of the foreign one. Most economies now use floating exchange rates that determine currency rates ...

When owners of a business and the management for the business are different, differing objectives and incentives can lead to formation of moral hazard problems, also referred to as principal agent problem in a benign manner (Cole, He, McCullough, & Sommer, 2011). Management can have its own agendas and objectives and would formulate business plans and strategy in order to achieve such objectives. On the other hand, the owners might have different objectives, but do not participate in day to day decision making of the firm’s business. Thus, in order to maximize their incentives, management may resort to excessive ...

Question1: Precarious Work Environment and the State of Psychological Contract

Psychological contract refers to the beliefs held by individuals regarding promises made and accepted between themselves for their common interests. In a work environment, psychological contract of workers varies considerably. In many cases, there remains a big spasm between actual physical contract and psychological contract (expectation from the other party). The ultimately goal of any organization is to bridge the gap between actual expectation and perceived expectation (Sharkie). However, in dangerous or precarious work environments such as Steel foundries, Ice manufacturing, police job, fire-fighting, meat packaging and other heavy manufacturing, the state of psychological contract is often different from ...

Introduction

Ethics occupies the place of paramount importance in government contracts. The standards of accountability and responsibility in the area, where the business coalesces with the public administration are much higher than in the purely commercial segment (Duska, 2007). Private suppliers of the United States public administration services are found everywhere from healthcare industry to the Department of Defense research and development endeavors. Thus preserving integrity and probity of the government contracting relations, as well as assuring just and equitable treatment of the bidder is highly essential for harmonious functioning of the state (Machan, 2007). Improper conduct often overlaps with ...

Strategic management: Apple Inc

Introduction Apple Inc is founded by Steve jobs, Ronald Wayne, and Steve Wozniak in 1976. It is an American multinational technology organization headquartered in California, US. The firm designs, manufactures, develops, and markets potable digital players of music, personal computers, and related products. The company is considered as the most valuable organization of the world as it has beaten the Google, Microsoft, and Samsung in term of sales, market capitalization, profitability, and assets. The sales of the company top in April 2015 with $200 billion. The company became public as it has registered common stocks listed in NASDAQ national ...

Introduction

In introducing a new commodity into the market, it is necessary to evaluate critical features that influence the entrance of such goods in the market. One of the key factors considered in the launch of the new commodity in the market is the targeted market (Amin & Bashir, 2014). Determining the intended market is essential in production forecasting and sales. The intended market will dictate the amount of the commodity to manufacture, the packaging design, pricing, advertising and promotional methods (Beaver, 2000). The character of the intended market concerning the geographical arrangement of the intended market will facilitate the modeling ...

The term social contract actually pertains to a theory that suggests that certain people or organizations have the tendency to give up a portion of their freedoms to an authority, a ruler, or a magistrate—which in most cases are terms used to refer to the government or any ruling organization, in exchange of the assurance that their remaining rights would be untouched and protected. This theory essentially opens the question on how ruling organizations or governments must define the boundaries between certain stakeholder groups’ natural and legal rights. In this paper, the author focuses on the comparison between ...

Letter of Transmittal3

Executive Summary.4 Introduction..5

The Issues.5

The Solution.7 Conclusion9 LETTER OF TRANSMITTAL Pace County Courthouse Executive Committee 1010 First, Avenue

Pace City, CA, 12346

Dear Judge Pace, As per your request dated December 1, 2015, please find attached the analysis and report of “bring your own device” (BYOD) practices and what options the courthouse has for addressing BYOD. As you will find, BYOD practices are a common aspect of the modern legal industry that is finding growing support in courthouse across the country. There are a number of benefits in allowing BYOD for courthouse staff and visitors, especially the attorneys. Since we understand that the Executive ...

The influence that law and policy formulated by governments have on the health and well-being of individuals in the United States and elsewhere cannot be underestimated (Teitelbaum & Wilensky, 2007, p. 3). Policy and law to a great extent shape the kind of allowable medical practice that corporates and natural persons can engage in. This form of regulatory system is mainly meant to improve the quality of public health, ensure safety of consumers of health services or products and tame sharp practice by medical practitioners. Health Policy and law may be conceptualized into the domains of health care policy and ...

Strengths of AT & T

AT&T organization offer a wide range of products to the public, over time the organization has diversified and divided in to specialized companies including; AT&T bell laboratories; AT&T consumer products; AT&T international; AT&T network systems; AT&T technology systems. Some of these products include home phones, wireless, U-verse and directives. This works to their advantage because usually most people would like to find all they want at a definite place. Having variety of products also enables the company to gain profit from all the products. The diversity of products also offers security to the company in that if one company ...

Introduction

Relevant Economic Principles Opening a restaurant and maintaining its profitability involves compliance to regulations for food safety and the good quality of food. The managers of the restaurant must also have the knowledge and appropriate experience for this business. The menu of the restaurant has to be diverse and the work force must have the skills for customer service and are given sufficient training (Harrison 1). The successful opening of the restaurant depends on the name of the restaurant, the time of the year, and its location. The owner of Central Food in Spokane claimed that it is better ...

There are many approaches that companies in the hospitality industry can use in improving performance in business. Of all the approaches available, expansion into new markets is one of the most common ways through which business is expanded. With the potential expansion into the Chinese market, it is necessary to access the expansion plan to avert any risks that come with entry into a new market.

The hotel has some alternatives in entering the Chinese market. The first one is licensing, where the company will allow a Chinese company to use the Swiss hotel’s expertise and trademark in ...

Part one

Charlotte Hotel has a mission of improving the value of its shareholders by adjusting the net income. Similarly, the hotel also focuses on the revenue increase in different departments such as rooms, food and beverage among others. Concerning marketing and advertisement, Charlotte is portraying good performance. Therefore, the management has decided to maintain their advertising methods for the next coming years. However, the management has maintained the current facilities to manage the operations and maintenance of the hotel. Charlotte hotel also has a mission of exceeding the expectation of its guests by inspiring and rewarding its associates, and this ...

Abstract

The purpose of this paper is to provide a reasonable explanation on the right of the injured party in a commercial contract to file for damages on the breach of contract. The applicable Incoterm contract was also discussed based on the non-delivery of goods as stated in the contract. The article discussed the rights available to the buyer or the seller for the failure on the part of one of the parties to the commercial contract to fulfill their obligations that were previously agreed upon. The valid grounds that will allow the parties to recover for damages were also ...

Corporate profile:

Brooklyn Construction Company is a privately owned company and a subsidiary of the International Construction Group that has its headquarters in Ottawa, Canada. Through its long-term experience and staff expertise, Brooklyn Construction Company has sustained long-lasting business relationships across the United States and its contiguous areas, such as Canada and South America; providing innovative construction solutions to complex infrastructural projects for over 75 years (Roland 48). The company has a proven record of 75 years of financial and business stability, with bulky professional expertise and accredited credentials and proven project experience. With a solid corporate structure and, knowledge based ...

MONITOR AND CONTROL FINANCES

Budget variation report The budget variation report (on Excel) indicates both favourable and adverse variances in revenue and cost items. The full year’s sales are 3% less than the budgeted amount. Greater variations were seen in quarters 1 and 4 when the actual sales were 20% less than the budgeted sales. Quarters 2 and 3 saw an improved performance with favourable variances of 20% and 7% respectively. There were no variations in direct wages since they are based on contracts between the employees and the company. The favourable variance in commission expenses was due to the variance in ...

Sales Prices and Product Definition

The hotel will create more rooms that will be will be large and be ideal for informal and formal gatherings such as office events, Christmas parties, wedding reception, auctions, and other forms of gatherings. The clients could choose from several types of rooms and these include: Leisure Premium, Leisure Standard, Business Premium, Business Standard, Corporate Contract, Tour (small group and large group), Package, and Qualified.

Room (Current Month)

Food & Beverage Services Food Beverage Extra Services (Current Month) Total Revenue.. $98, 223

Staff

The operational plan for the personnel of the hotel is managing the numbers of the workers and their wages, and improving ...

Informative Presentation

Foxconn is a Taiwanese electronics contract manufacturing organization, known to be the largest contract manufacturer of electronics in the world. For several years, Foxconn was accused of labor rights violation from several employees and social groups. They are known to keep employees in dormitories that are overcrowded and protected by military style security forces. Labor is expected to work for long hours without any compensation for the overtime, which Foxconn claims are a voluntary exercise. Management controls all aspects of their workers’ personal lives and many times interfere with their private life. Foxconn is the largest private employer in ...

About the paper

The paper is commissioned to discuss the short-term debt scenario, foreign exchange risk management process and trends in the financial ratios of Arrow Electronics Limited. In order to achieve a desired outcome in the paper, we will comprehensively analyze the financial statements and accompanying notes provided in the latest annual report of the company, so released on 5th February, 2015.

Advantages and Disadvantages of sources of short-term finance

i) Bank Loans

Advantages:

No dilution of ownership Tax advantages because of interest deductibility No interference in managerial decisions Option to opt for fixed or adjustable interest rate loans Disadvantages: High cost of debt Obligation to pay timely interest and ...

ANALYSIS OF SPORT SPONSORSHIP AND EVENTS

Analysis of Sport Sponsorship and Events Introduction In this world driven by globalisation, there are various ways through which people can release their stress originating from over-burdened personal and professional endeavours. One of such ways concerns sport that is included in the entertainment industry. This is because though majority of people no longer indulge in sports due to their bust schedules and work load. Therefore, sport business and events have emerged as an entertainment to these as something to talk and gossip about. Apart from this, as much of the audience attention is given to sports organisation, teams, players ...

Introduction

Global Health Asia Limited (GHAL) is one of the world’s leading insurance brokers advising on global health insurance and medical insurance cover (Rushton & Youde, 2015). It has over 20000 clients including majorly individuals and families. GHAL has expertise in providing advice on choice of overseas comprehensive global health insurance and medical cover. Global Health Asia Limited was formerly Pathfinder Asia Limited is a third party administrator and agent of American Home Assurance Company. Its services include underwriting, policy administration and claims adjudication (AHAC). Its aim in Singapore is to advise clients on the level of cover they require ...

Abstract

The legal business environment, including laws and regulations formulated to control the conduct of business activities is one of the most important external factors that affect major commercial decisions by business organizations (Pathak, 2013, p. 96). This legal framework influences decision making by businesses right from registration, workplace safety of employees, decisions on employment or dismissals, product safety, business agreements, to financing and marketing decisions (Campbell, 2009, p. 154). Businesses enterprises, according to Miller and Jentz (2011) must always operate within the purview of this legal framework as they make decisions on the various commercial activities, processes and operations ...