Essays on Principal

In 1904 a British scholar Halford Mackinder delivered a lecture at the Royal Geographical Society called “The Geographical Pivot to History.” Among other important points he made in the lecture one is very relevant to the topic of this essay. Namely, Mr. Mackinder stated that at the beginning of the 20th century the world became the fully interconnected system. There were no more blanks and white spots on the map of the world. Everything was already known to man. Pushing forward, the scholar said that compared to the previous period in history of mankind when developments happening in a ...

A Key Theme from “The Epic of Gilgamesh”, “Lila” and “Holy Bible”

The Epic of Gilgamesh is an epic poem from ancient Mesopotamia. It is often considered as one of the most ponderable works of literature. The literary history of the poem begins with five Sumerian poems about “Gilgamesh”, who was a king of Uruk. Then, these above-indicated separate stories were used as a major source material for a combined epic. The principal character was two-thirds god and one-third man. He built prodigious and dignified temple towers, which surrounded his city with high walls. Although he was physically immensely strong and beautiful as well as very prudent mentally, but as a ...

In this essay I will argue that differences between how Confucius and Lao-Tzu view the political essence of a state are much more numerous and substantial than common features they share. 1. The primary way in which Taoism relates to politics and society is the bunch of views this philosophical theory has towards disparity in the society. As harmony in the Universe established by the nature is the central idea of Taoism the latter criticizes excessive richness of rulers, growing influence and coherence of the apparatus of bureaucracy and the too far-reaching influence of authorities in the everyday life ...

Interview Questions

Interview Questions Job interviews are usually prepared to determine whether the employer and employee will make an effective match. For Interview’s validity questions should be asked from experience so that the information to select the best candidate for the post is easily gotten. Moreover, when this criterion is used biased questions, for instance, concerning age, race are avoided. Applicants will be assured an equal opportunity to prove that they are competent and have the required skills for the job. It is during an interview that the candidate exhibits his or her communication skills in building rapport with the ...

Introduction

Throughout is history, the American society has exhibited an unrivalled sense of national identity. Being an American citizen has over the centuries since its independence was seen as the most significant facet of an individual living within US borders. As such, US citizens who are residents in other countries also take much pride in the numerous benefits accruing to them, by reason of their American citizenship. As Bradburn provides, the boundaries defining real aspects of what entails an American citizen have since been blurry and undefinable since independence (1094). The main cause for such an outcome was the fact ...

Following the guidelines of the course ID guidelinesStudent’s NameUniversity

Overview of the Case The paper has been developed to identify how organized data collection methods can be utilized in organizational change. In the given case study, some of the documented response from the teachers, parents, and staffs of Logan Elementary School has been attached. There are 38 faculty associates, eight school staffs, and a single part-time librarian. Nancy Mestas, the principal of the school, has wanted to build an improved relationship among the teaching staffs to provide a better education for students. Considering her overall vision, she has made several drastic changes over the past few years. To ...

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 ...

Everyman

“Everyman” is considered to be a morality play of the late 15th century. It is an allegorical play which brings up a point of Christian salvation and what human must do to accomplish it. The premise of the play is that the good as well as evil deeds of a person’s life will be tallied by God after death. It is a storyline of the life of Everyman, who represents by personal example all mankind. Firstly, the Messenger reads a prologue and conveys the audience to pay their attention to the motives and purposes of the play, which ...

2007 Housing Market Bubble 2007 Housing Market Bubble

Introduction

The 2007 housing crash was the worst bubble burst experience that has ever been encountered in the U.S. history, an occurrence that led to financial crisis. It is important to appreciate the fact that different factors led to the housing bubble of 2007, with some of the primary causes being the credit crunch that was caused by the housing bubble. Nathsanson & Zwick (2015) assert that irrational exuberance is among the aspects that led to the development of a ripe environment for the growth of housing bubble hence contributing to the financial ...

Abstract:

St. Elizabeth of Hungary School is a Catholic run academic institution established on September 12, 1958 in Texas. At its inception, the school had a population of 27 students. The teaching was done by Catholic nuns in portable buildings, with the use of traditional writing materials and implements. To transform an academic facility into a center of moral and educational excellence, this calls for skillful direction and management. Such management can only be realized through definite procedures and regulations that effectively steer conduct and safeguard the professional ethics. Subsequently, the school has a definite code of its practice; with ...

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 ...

Life needs nourishment and development to be fulfilling as we observe from our texts. The two female human beings that were born in darkness were so much longing to see the light and finally discover the meaningful purpose of their lives. We can also observe that with light comes life, without which life doesn’t have much purpose and meaning. The patience exhibited by these females in the text for waiting for the light also implies that for humanity to achieve happiness and realize the aim of life they have to be patient. Seeking happiness, long life and success ...

In any commercial activity carried out in a country, the government has an interest in it. Therefore, in carrying out the business, the government will set up the laws for private investors to follow. Contradicting the government rules and regulations makes the firm’s external business environment quite unfriendly because the government may impose unfriendly business policies to chock the firm’s investment (Bagley, 2005). UAE government made a demand to Research in Motion (RIM) to make a way through which the government can monitor communication of co-operating blackberry users. Research in motion management should allow the government to ...

Persepolis is a fascinating autobiography of Marjane Satrapi detailing her childhood life as she lived in Iran in the course an aftermath of the Islamic war. She chose the title for her book in honor of one of the ancient cities in Iran where the fierce battle took place. The book presents a story of Marjane forced to wear a veil as she goes to school by her family in honor of Islamic culture though her family was secular. It provides an edifying glimpse of hardships and violence that Satrapi, the main protagonist, had to endure as a young ...

Introduction

According to Hughes and Ferrett, “construction is the largest industry in the UK” (1). It accounts for approximately 8% of the country’s GDP (Hughes and Ferret 1). Hughes and Ferrett further state that the construction industry accounts for more than 10% of the jobs in the country (Hughes and Ferret 1). The implication is that the contribution of the construction industry to the country’s economy is immense. In the year 2010, there were 300,000 construction companies employing more than 2.5 million workers (Hughes and Ferrett 1). However, despite its importance to the economy, the construction industry ...

Globalization is a "marvel of changing the world into a unit, which shows around the world, by particular means." Thus, globalization looks for input between changed civic establishments and societies to advance another universal request, which thus guarantee strength, economical improvement, security and peace. Globalization is a wonder verifiably showed in better places in various structures, contingent upon the conditions and potential outcomes that period was held. The principal signs of globalization were especially interlaced with the twentieth century. Amid the same period private enterprise has developed improvement, despite the fact that they could discuss free enterprise following the ...

DQ 6x

Q1: The principal considerations of a board of directors in making decisions involving dividend declarations There are three principal considerations of a board of directors in making decisions involving dividend declarations: the dividend policy; the type of dividend; and the source of dividend. Dividend policy: The Board must decide between two main policies in dividend declaration: progressive policy and payout ratio policy. Progressive policy may be in any of the three common methods: (1) increase or at least sustained; (2) increasing steadily (at a defined rate); and (3) increasing in real value (Financial Reporting Council [FRC], 2015). Conversely, payout ...

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 ...

ANALYSIS OF ISLAMIC BOND (SUKUK) MARKET OF DUBAI AND MALAYSIA

Analysis of Islamic Bond (Sukuk) Market of Dubai and Malaysia Introduction As the business has expanded all across the world due to rise of internalisation or globalisation, it has become necessary that both the sources of equity and debt capital must be obtained for financing operational activities. In this regard, experts in financial management designed different modes of finance in which issuance of bonds, in case of debt management, forms an integral position. However, these conventional form of bond issuance require trading based on interest rates and are not backed by any security. Therefore, based on Islamic principles, a ...

Foundation Course

The humanity has always disputed on varied ideas concerning good and bad, love and hate, things which are acceptable and unacceptable. People are different when it comes to sharing opinions in general but it is far more complex when it comes to sharing opinions among men and women. The scholars from varied fields tried to analyze the human morality. Thus, morality is one of the fundamental peculiarities in person’s life. Morality itself defines what is right and what is wrong in human relations. Together with society evolves morality. Moral standards and conducts can be defined as customs as ...

Introduction

Time was, revenue-obsessed executives and owners used to disregard the social and ethical components to their business. There has come a time when business has become the environment- and society-centric. In order for commercial ventures like resorts to stay competitive in their sector retaining and multiplying the market share, they should focus on sustainability. As demonstrated by Alila Hotels & Resorts, companies can make nature conservation efforts and undertake civil initiatives garnering a massive public support. Towards these ends, resorts can employ local residents, thereby increasing their welfare, train personnel, support the organic food cultivation and local crafts, open and ...

Abstract

The developing and the least developed states have been most impacted by environmental and other calamities. Many governments have proved inefficient in tackling this problem, by imposing burdensome regulations and simply lacking proper expertise. This has led to the emergence of the failing framework essentially aimed at addressing disaster risks. The Public Private Partnership (PPP) has become an optimal solution for state authorities to handle such catastrophes in partnership with private actors. The cooperation includes construction of proper infrastructure and provision of public services for the purpose of enhancing their quality, and based on a contractual agreement. The principal ...

[Implication of strategic report in annual report]

The requirement about including strategic report within the annual report is a strategy that intends to make users and shareholders more informed. The shareholders are an important part of a firm’s success and as the result need to be informed about the status of their investment. They require information about how the firm makes its money in the market. Besides, they also require to know about performance of the directors and how this may affect their investment. Henceforth, the integration of strategic repot makes annual report to directly be of benefit ...

ISLAMIC FINANCE

Introduction “During the past decade, the Islamic finance industry has witnessed significant developments, particularly in the field of Sukuk (Islamic bonds)” (Chermi, 2015, p. 1). Sukuk signifies one of the best fruitful merchandises in Islamic finance. They have enticed the notice of numerous backers and turn out to be progressively well-liked in many marketplaces international. They have gotten fame as monetary tools supplying both government support through the issuance of sovereign sukuk and private sector backing through commercial sukuk.

According to Brian (Kettell, n.d.), a sukuk has financial features related to those of a conventional bond, nonetheless is arranged ...

RESEARCH AIMS AND SIGNIFICANCE: The paper should be regarded as innovative and significant to the development of international maritime law sphere. The principal idea of this essay is to analyze the notion of the maritime terrorism by covering the following issues: (1) distinction of the maritime terrorism from the piracy; (2) identification of the maritime zones where the terrorism could take place; (3) consideration of the perspective targets of maritime terrorism. At the end of the research proposal, the author conducts the evaluation of the role of several international conventions over the regulation of maritime terrorism within the world.

...

A prevalent portion of corporate abusive behavior may be performed by persons who hold the capacity to have certain effect within an organization, and are responsible for its operation. Top-ranked employees establish certain pattern how a particular company and its workers operate. However, in cases where possible misconduct is tolerated, for different reasons including due to the position occupied by an offender, such malpractice may severely damage the corporate spirit. Another drawback trending in the area of corporate ethics is the stagnated reluctance to act on equal basis with all concerned, and invoke necessary measures in the event of ...

Nathaniel Hawthorne’s novels can be perceived as significant and resilient records of the contemporary Puritan society, disclosing the social and religious order prevalent at that time. His novels portray the clash between the individual and moral values and virtues and social goodness and ethical codes. Laurence Sargent Hall says: “The moral problem to be found wherever the individual’s mal- adjustment to society culminates in sin furnished Hawthorne with his major tragic themes. In the main this problem is worked out through some resolution by the individual of his mal- adjustment, an expiation of sin, by coming to ...

- Lambert, Craig. “Death by the Barrel: David Hemenway applies scientific method to the gun problem.” Harvard Magazine. Sept.-Oct. 2004. harvardmagazine.com. Web. 16 Mar. 2014.

In the article, David Hemenway, director of the Harvard Injury Contro Research Center at the School of Public Health, discusses how guns make crimes lethal. He argues that the issue about gun-control is not about taking away people’s guns, but is about forming strategies that will reduce harm brought about by guns. He added that reasonable gun policies are needed to be able to decrease the harm that guns cause. As ...

Miller(2011)defines organizational communication as “the process through which individuals stimulate meaning in the minds of others by means of verbal and non-verbal messages in the context of a formal organization”. The importance of studying organizational communication is to identify and resolve problems in the communication channels. Seamless communication and interpretation of signals in an organization would result in higher efficiency and productivity. One of the most important factors in determining the effectiveness of communication flows is the organizational design. Most organizations are divided into either; tall or flat organizations on the basis of hierarchy.

A tall organization ...

Management and Leadership

Part 1: Theory and reviewSection 1: Introduction There are two major views regarding contemporary management and leadership. The first is the personality perspective. In this perspective, the major influence of the leader is shaped by his power to influence other individuals towards achieving some goals. Therefore, the leader uses special traits that serve as bait and amalgamation for these individuals to work towards some common objectives. The other view is the behavioral aspect. In this case, the leader selects some tools that are directive, participative, and achievement oriented. The basis for selecting these tools is the needs of ...

Overview of economic performance of GCC countries

The Gulf Cooperation Council comprising of Kuwait, Bahrain, United Arab Emirates, Qatar, Saudi Arabia and Oman are oil rich nations representing an aggregate of 35.7 percent of global oil reserves. These nations are the largest exporter and producer of petroleum and have experienced excellent economic growth since the year 2008. The economic growth rate of the GCC nations has increased threefold to $1.4 trillion in the year 2011. The estimated growth of Gross Domestic Product for the GCC nations in the year 2013 is forecasted to reach around $1.5 trillion. The aggregate growth of Gross Domestic Product in the ...

Transfer pricing is a process where prices or rates used when selling products or services between parent companies, divisions, departments, or subsidiary (SMULLEN, 2001). It exists when two related companies (the parent company and a subsidiary) trade amongst each other. For example, a US based subsidiary of Coca-cola trading with an African subsidiary of Coca-cola. When such subsidiaries engage in price establishments for a transaction the results are transfer pricing.

WITTENDORFF (2010) provides that in transfer pricing the prices set for the exchange may be the original prices set for the products or the original purchase price or a rate reduced to cater ...

ABSTRACT

With the growth in computer networks that are used in organizations, there is a need to have a way in which networks are managed and monitored. This phenomenon is taking shape as more and more companies develop new applications to sustain their networks. There different types of traffic that are found to be traversing computer networks need to be monitored. SNMP management console is one of Network Instruments application that brings cross-platform SNMP standards to the Observer. Network administrators and consultants will find SNMP management tools important in the monitoring, diagnosis and repair of networks. Network monitoring helps in having continued ...

ABSTRACT

The aim of this dissertation is mainly to analyzethe risk in the New York Stock Exchange using Statistical aspects and the computation of Value at Risk. The technique of Value at Risk or Value at Risk (VaR) is a methodology to standardize the calculation of the various risks that occur in a business e.g. banks, stock exchanges and corporations. The risk is defined as the probability of obtaining a result different than expected, the factors that will depend on the position of the entity, the risk factor under consideration and the time of calculation. Thus, the VaR seeks to establish quantitatively the ...

- Introduction

1.1 Background developments

Traditionally, accounting standards have been developed by different countries on the basis of local legal, economical and cultural institutions frameworks (Elliott and Elliott, 2009, p. 158). As a result, the standard setting was very country specific. With the globalization process at work for the last 3-4 decades and increasing mobility of capital internationally accepted accounting standards have become necessary to facilitate cross border transactions and make financial reporting comparable between countries and companies thereby leading to a greater transparency for investors (Nobes, 2004). IASB has been set up as a private international standard setter with a mandate to create high quality accounting standards ...

INTRODUCTION

Agency banking is a retail banking in which contracted banking agents are allowed by their principal banks to process transactions on behalf of the bank.

The owner of the agent who is contracted by the bank avails the services agreed on the contract to the customer pool of the bank.

Banking agents could be supermarkets individual people’s lottery outlets plus other openings.

This form of revolutionary banking has unending benefits to the society which are well discussed below: This form of banking broadens the revenue base of the bank since the bank services are taken closer to the clients door step where transaction are easily performed .On the same note ...

Introduction

There is a growing contention among critics about the number of people of color that makes up the population in prison or parole. Pettit and Western (2004) have questioned the credibility of the justice system when it comes to incarcerating, policing, or sentencing of people of color. Current statistics reveal that blacks are handled disproportionally as opposed to the majority white community (Pettit & Western, 2004). Further, these theorists related the incarceration, policing, or sentencing pattern to racial disparities in the criminal justice system. United States has had a long history of racial disparity that led elicited activism by the blacks. Presently, ...

Financial risk of an enterprise can be defined as the probability of adverse financial consequences in the form of loss of income and capital under uncertainty conditions for its financial activity. Financial risks have a great variety and for the implementation of effective management are classified by several main features that will be considered below. Financial risks arises in the process of enterprise relationships with financial institutions (banks, financial, investment, insurance companies, stock exchanges and others). Causes of the financial risk are inflation factors, the growth of bank interest rates, reduction of the value of securities and others.

Financial risks are roughly divided into two types:

1) ...

The essence of this study is to look at communication in both a tall organizational structure and a flat organizational structure. Communication is the key to any successful organization, whether in a tall communicational stricter or a flat communication structure.

Miller (2011) defines organizational communication as “the process through which individuals stimulate meaning in the minds of others by means of verbal and non-verbal messages in the context of a formal organization” (Miller, 2011). The importance of studying organizational communication is to identify and resolve problems in the communication channels. Seamless communication and interpretation of signals in the organization would result in higher ...

Executive Summary

The purpose of this research is to try and examine factors that influence business performance of SMEs. The aim of this study is to give the seeing on how individuals ought to begin their business by taking an evaluation at all the elements affecting business performance. Thus help to lessen the danger of disappointment and expand possibilities of success. The study inspected eight variables that impact the SMEs business achievement. These components are SMEs trademark, administration and expertise, items and administrations. (SMEs) Is acknowledged internationally as an apparatus for enabling the citizenry and economic development. It has been connected ...

This research identifies public relations as an essential element for nations. Under public relations, the study identifies Jordan as a potential region of study. This research identifies various avenues of image management during crises in Jordan. The study of Jordan and its practices of public relations, especially image management involve different stages. First, the study provides an overview of public relations and image management to foster the understanding of the topic. Image management is all about maintaining the reputation of a ...

Question 1

In a team situation, I generally find myself falling into two different roles which are discussed into two categories.

Part A: Marketing Strategy for Eircom, IrelandWhile working in group work and a group presentation on Marketing Strategy for Eircome, Ireland I had to work with three other colleagues: every team was to consist of four employees. The team had been assigned a common task. In this case, I was acting as the head of the group and was in charge of finances, logistics, overseer and advisory roles. As the person in charge of logistics, I had to ensure ...

INTRODUCTION

Coca Cola Company (CCCL) was established in the year 1892 in the Atlanta state of USA. The company offers a range of beverages as the world’s largest beverage provider having around 500 variants being served to its customers. Coca Cola is a global company with its foot prints across 200 countries of the world in given below proportion: (Coca Cola)

Some prominent players of the Coca Cola portfolio are as follows:

The share of Minute Maid in the revenue of the Coca Cola was 7.27% in 2009 which grew to 7.88% in the year 2013 (Trefis, a). According to the Report Linker’s analysis, Minute Maid is one of the leading ...

Advertising and Promotion Strategies

Advertising and promotional strategies can be an extremely important part of a business plan, especially for new businesses or those that are currently in their startup phase . This is because the products and or services being offered by startup companies are often not yet known to the market or if they already are, they are still considered as alternatives over the more mainstream products and or services being offered by more established industry players. Poor advertising strategies can be a reason for lackluster sales in the early stages of opening up the business. Being in the startup phase should not be a ...

1. The main theme of the book is the focus on the central idea that the personal character of a leader is above all positions or power. The book emphasizes that a leader must win its followers by its own virtue. He should be a role model, rather than a forceful person to lead his followers. The personal attributes may vary, but the leader must utilize these to make others obey his command. “Authentic Leader” is a term coined by David Irvine and Jim Reger to define the leader who leads by the strength of his characters.” Is he for real?” is the question ...

- My achievements to date as head of academic department of law in a college.

It has never been easy to bring about a change in any organization. I have always learnt that change does happen in every organization, but to implement the change, it is always a challenge for any able leader or administrator of that organization. I would like to share some of the achievements that have come through this change in the organization, or rather a college, where I have been the head of the department of law. I would first like to highlight the achievements and then discuss ...

As the principal of this new school, I have a great deal of work to do in terms of improving teacher motivation/efficacy and increasing academic outcomes. I have two years to hone my staff into a well-oiled machine that will serve our students well, as well as formulate a staff that will meet the challenges I set for them. Over this two year period, I plan on meeting all of the goals set out for me at the beginning of this job, and turn this school into a quality institution for learning. With the help of concepts such as transformational leadership, situational approaches, ...

3D printing technology is used to print three-dimensional objects and products exactly according to simulations stored in some digital files. The equipment, including 3D printers, and the materials used as ink for the printing are generally expensive. Consequently, this technology is generally not a financially feasible option for most of us. This includes any attempts to use this technology in the classroom to teach subjects involving design and engineering.

3D printing has a potential to be used by designers, teachers and students for quick table-top experiments. This would render complicated time-consuming perfection of simulations unnecessary prior to studying the feasibility of ...

Introduction

Using the above definition of amortization, the thesis statement for this research paper can be defined (Nellen et al. 37). It will be based on investigating how buying a car involving a bank can be beneficial or disadvantageous based on acquiring a loan and how it will be repaid by taking a real life example. Moreover, a real bank shall be chosen with an arbitrary rate which the bank shall judge a debtor. In so doing, an analysis of numbers shall be computed to illustrate more on which decision to draw concerning taking a loan for the car.

Discussion

Consider an individual called Steve. His aim is ...

Informed Consent: Informed Consent is the procedure in which a patient get all the information about his/her treatment regarding mental illness to either accept or refuse the treatment on voluntary choice. Further, patient has the ethical and legal right to know what is happening with her body and should be involved in every step of treatment in a healthcare (Simon & Shuman, 2007).

Components of Informed Consent: Essential target of informed consent is that the patient has a complete knowledge about her treatment and have the decision making ability. The components add to informed consent are procedure or decision, alternatives offered for ...

Part 1

- In what ways did the video "The Crisis of Credit" demonstrate the failure of the banking industry's Fiduciary Relationship to investors and home owners?

The video explains a worldwide financial disaster that effected everyone. It started on the burst of the dot com bubble when the federal reserve of the United States decreased the interest rate to 1%. This value dramatically dropped the investment level because of the reduced ROI. This action made banks to take more and more loans from the Federal Reserve. The leverage increased as it became very easy to return a loan, so the demand for credit increased rapidly.

The banks took a lot of credit, and they were easily able to payback and made a lot of profits. Investors saw this as ...

A Principal’s Responsibility for the Actions of Their Agent

Agency is a contractual relationship or association between an agent and the principal. It gives the agent the authority to act under or on behalf of the principal. This relationship carries responsibilities and liabilities between them. Vicarious liability is whereby the principal is considered liable for the offences of its agent in the line of duty. In this case, the question or legal issue is whether the actions of Steve were malicious and if so, whether Big Mart was liable for his actions.

In an agency relationship, the agent deals with the client as a representative of the principal contractor. The ...

The zero tolerance policy which is implemented in schools, in the United States focuses on punishing any mistake and error regardless of the intensity of the mistake. The error or mistake may be an accident, or result of ignorance, or an extenuating circumstance, the student would be punished for his act. This policy is aimed to eliminate the use of illicit drugs or weapons by students, staff, parents, or any other visitor within the school premises. People that are found using the banned items within the school boundary are punished as a result of strict implementation of the policy. According ...

Winford Plc is a company that has been awarded a contract by Westriver Borough of operations of the local swimming pool. In order to manage the sales and revenue generated by the services offered, an accounting system, has been developed. The main components of the new system in relation to sales revenue and tickets from vending machines will include principal documentation, the processes involved and the records to be kept (Champlain p.45).

The Principal documentation of the new system will be made up of two parts. The first part is the user documentation. The main purpose of the user documentation is ...

Part a

An imperative strategy in any type of business is to make it easy for the customers to acquire the services or buy the goods. This specifically applies in situations where the customers apply or place orders for the services and goods in advance or that are not immediately available. Therefore, Winford services plc have a mandate to make it easy for West River Borough customers to acquire leisure services. In addition, in its accounting activities, it must conform to all the regulatory financial reporting requirements. The accounting activities that Winford Services plc will be undertaking are important because they will ...

- The sales principal documentation, processes, and records that should be put in place. In order to achieve maximum benefits the process should be clearly outlined to follow a certain predetermined and generally accepted code. Winford services Plc will adopt a real time system for the entire swimming pool activities from the single visit tickets, seasonal tickets and the vending machines. Real time accounting systems will process and record individual transactions immediately as they occur and therefore there exists no time lags between the transaction occurrence and recording.

The real time ticketing procedure will be initiated in a manual step, whereby ...

Winford Plc is a company that has been awarded a contract by Westriver Borough of operations of the local swimming pool. In order to manage the sales and revenue generated by the services offered, an accounting system, has been developed. The main components of the new system in relation to sales revenue and tickets from vending machines will include principal documentation, the processes involved and the records to be kept.

The Principal documentation of the new system will be made up of two parts. The first part is the user documentation. The main purpose of the user documentation is to assist ...

Andrew is a 5th grader who is constantly being summoned to the school Principal’s Office because of being frequently involved in a lot of troubles between his classmates and other students in the school. Andrew is 10 years old, but his physicality appears to be older than his age making him the biggest in his class. His appearance intimidates most of his classmates, which is one of the reasons that none of Andrew’s classmate dares to stand against him because they are afraid to be hurt by Andrew. Andrew’s parents have separated when he was just six years ...

Ethical problems arise from the relationships because they occur when a person interact with the other person. Ethical conflicts arise when a person considers that his/her responsibilities and duties for one group are not consistent with the responsibilities and duties for the other group (Hunt, Chonko, & Wilcox, 1984). A researcher faces several ethical dilemmas in survey research such the potential survey respondents may decline to take part, people being dishonest while responding, confidentiality, the privacy issues and anonymity. So, the research designs need special attention in order to ensure that the participation is voluntary in the true sense.

The potential ...

Starting a successful business is a goal of several people around the world. There are various elements that a person should consider when starting any business. A sole proprietor has various advantages, for instance, a person gets full control of the business including the decision-making process, one enjoys all the profits realized from the business, and there is ease in formation of the business. A computer business requires the owner to be passionate and knowledgeable due to the several challenges involved. The disadvantages of sole proprietorship include unlimited liability, the limited experience, difficulty in accessing long-term financing, and limited startup capital. Some of ...