Essays on Sole

Introduction

Certified Public Accountants (CPA) are individuals that engage in the field of public accounting and work with the CPA firms. The CPA’s are mostly found working as a senior accountant in the departments of manufacturing, financial services, government agencies, healthcare, and education. The CPA firms provide consulting, auditing and tax services to individuals, corporations, partnerships, and non-profit organizations. The CPA firms are also engaged in preparing auditing reports for the companies. It is the responsibility of CPA firms to ensure that the financial statements of the companies are accurate. In addition, the CPA firm assists the companies in ...

Druk Air-Royal Bhutan Airlines

Durk Air Corporation Limited, founded in 1981 and commenced operations in 1983 as Druk Air-Royal Bhutan Airlines is the national flag carrier of Bhutan. This case study will focus on the SWOT analysis of the airline, segmentation, opportunities to increase the business and finally the recommendations for the CEO of the airline.

SWOT Analysis

The airline enjoyed the status of being the sole airline operating out of Bhutan till 2010, when the market was opened for private participation. The major strengths of the airline include its image as the national carrier, superior service compared to its sole competitor-Bhutan Airlines, its image ...

Northern University

Respectfully Submitted to: Type Month and Year

Abstract

The research concentrated on developing a case plan for a neglected child. The introduction helps in determining pointers of child abuse or neglect in the community, as well as, the effects of child abuse or neglect on the child. Finally, the research was also interested in determining interventions for child abuse and neglect, how they could be applied in different ways and their effects on the children. A case plan involved members of a family in the Broward County in Florida. The family was selected after pre-qualification determining that the family was ...

Impetus for Amalgamated Clothing and Textile workers’ Union (ACTWU).

The core function of workers and labor unions is to protect employee rights and privileges. In the same spirit, the Amalgamated Clothing and Textile Workers Union (ACTWU) organizers felt that SGA could capitalize on the hard economic time and stiff market competition to exploit the company’s employees (Nkomo, Fottler, and McAfee, 2012). The Union officials felt that with rising competition in the industry, SGA could resolve to significantly lowering employee remuneration and perks as well as considerably cutting down on the bonuses and other employee benefits so as to manage the operational expenditure of the company. The core ...

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 ...

Introduction

In the modern international landscape, who or what is able to obtain and exert power? Globalization has completely transformed the fundamental nature of how individuals and countries relate to each other. Thomas L. Friedman’s “Globalization: The Super Story” published in 2002 as part of a larger text entitled Longitudes and Latitudes: Exploring the World After September 11, asserts that three types of power exist within the systematic structures of globalization. Those three forms of power include that between conventional nation-states, global markets and nation-states, and individuals and nation-states (Friedman 392-393). Friedman also asserts that the systematic structures inherent ...

Introduction

The Sandy Hooks debacle sent shock waves throughout the American education system and by extension, compelled other forward thinking nations to review their respective educational systems. In unison, the community around the Sandy Hooks Elementary School, the nation and the international community at large rallied behind the victims of the tragic events. However, one academician in particular shocked the world, the nation and more so, the victims of the fatal shootings (Jaschik, 2015). An associate professor, James Tracy tenured with the Florida Atlantic University’s School of Communication and Media Studies related the events to some conspiracy theory. Parents ...

Possible Changes at the Societal and Professional Levels

Abstract Global warming is no doubt the the greatest and most far reaching societal and professional long term threat to every end of human livelihood. Agriculture is quickly growing into one of the biggest producers of greenhouse gases. And therefore, global warming. The recent development of industrial farming has exasperated the amount of methane and nitrous oxide gases being released into the atmosphere. This has been done under the pressure of many different stimuli, including government lobbyists and stimuli, and companies like Monsanto. Indifference and lack of public education has ensured that this remains a problem for the immediate ...

According to Milton Friedman, the sole responsibility of the business is to utilize its resources and maximize its profits as long as it is conducting the business in free and open competition without deception or fraud. In his view, he ignored socially desirable function of the corporate social responsibility. He supported his argument by arguing that corporate executive is responsible to the firm's owner(s) and any action conducted for the social purpose incurs a cost to somebody else. For instance, if the corporate executive decides to spend money on catering for social interest, he would spend stakeholders', customers', ...

Abstract

Ever since the internet was made available for public use in 1991, its popularity has increased manifold in the years that followed. In fact two of the most prominent landmark events during the 1990s that clearly demarcated two eras of the modern world are the advent of worldwide web and the idea of globalization. With the internet getting increasingly accessible to a much wider section of the population, along with improvement in speed, its applications started increasing and currently touches almost every aspect of our lives. In U.S. alone, the number of internet users per 100 people witnessed an ...

The essay will examine the case study of a male student in third grade level. He is below the grade level of the same age peers in all academic levels also in reading. Difficulties arise in reading with decoding skills and mastery of basic vocabulary words. The reports were made by the teacher that he is easily distracted and impulsive, with poor social skills. Test-takings skills are poor and also the performance its three grade levels below the expected level. The short term and long term objectives and activities are going to be planed. Annual goals and short term ...

Jane Doe

Introduction Women’s rights throughout the world have continued to be the subject of human rights concerns for members of the various nations and regulatory groups throughout the world. Not all entities have the same concerns for the fair and equal rights of women in their nations, but with the world watching, pressure is put on these nations lacking proper adherence to human rights policies for women in these countries. Africa, often known for its volatile circumstances and harsh treatment of women is the focal point of this research paper in helping to create a best practices policy suggestion ...

1) Brief Summary The passage talks of the world’s beginning. It brings into light the creation of the earth, the heavens and all that is in it. God is the author of it all, and he creates everything through word of mouth. The man is an addition to the Lord’s creation and comes second after God when it comes to authority. God names the man Adam and gives him the authority over everything. Despite all the freedom he has, God notices that Adam is sad, and he puts him into a deep sleep. While sleeping, God takes ...

Communication can be described in so many ways according to different people. However, all these definitions and description can be gathered and combined to give an account on what is communication. Communication is a process of encoding and decoding information. The message sent is the content information and must have a meaning. According to Sole (2011), communication is the process of transforming information, ideas, emotions and skills by use of symbols, words, figures, pictures and graphs with a specific meaning. Communication is an activity that all people should participate.

However, communication is often challenged by obstacles and barring. Barriers to effective ...

Most of the central banks in many countries have almost similar structure. However, the Federal Reserve System in the USA has a totally different structure. Federal Reserve System was created in 1913. The reasons as to why it has 12 Regional Federal Reserve Banks can be traced to the American political history .

Before the Federal Reserve System, there was fear in America, in the political arena, of centralized power. The Americans had a great resistance towards setting up of a central bank. They also had a high doubt on the moneyed interests upon which central banks were formed. This distrust had led ...

Answer 1

As a legal person, a company can be sued by any person if the directors had entered into a contract with the person and failed to honor the deal, therefore, resulting to financial loss to either party. However, recent case laws have shown that there are instances when directors can be held liable or personally liable for any financial loss to a creditor or any other party. An instance where a company’s director makes statements on behalf of the company that can be considered as lies or misrepresentation of the company can result to the civil suit against both the company and the ...

In the most unlikely places are literary themes that are eerily similar. Such is the case for “The Ballad of Reading Gaol,” In Cold Blood, and “The Crucible,” a poem by Oscar Wilde, a novel by Truman Capote, and a play by Arthur Miller, respectively. Although each of these pieces of literature deal with different time periods and different experiences, each discusses the darkness inside the human soul, the piercing reality of very banal, human evil that burns inside most people. While Capote’s characters chase the ghost of a murderer around a complex, interwoven plot, Miller’s characters fight against a corrupt, hysterical system ...

Compare and Contrast Islam and Christianity

- PART ONE (250 WORDS) The Islamic world view on the question of origin- The Quran offers verses that describe the story of creation. For example, in Yunus 10; 3, it says that “Surely, your Lord is Allah who created the heavens and the earth"(Renard 2011). The Quran goes on to say the Allah is the creator of everything. These verses are a testimony that indeed Islam acknowledges that the earth and all that is in was created by Allah. On the question of identity- according to Islam, identity is supposed to mean the way of life ...

1 While much has been hypothesized regarding the true meaning of the term idea multiplication, it is essential to note that it refers to all the processes involved in the use of existing ideas to develop newer ideas that are more important. These processes do not occur in isolation, but calls for brainstorming of the existing ideas with the sole aim of restructuring the existing idea by adding or removing certain feature. Notably, idea multiplication is advantageous in a number of ways. Above all, it is often easier to devise new ideas from existing ideas. In addition, it suits well ...

- Introduction to Relevant Literature

This chapter reviews the literature sources which provide relevant information and data for analyzing the chosen topic of applying the marketing mix in three chosen countries on the examples of three companies: Blizzard Entertainment (US), Rockstar North (UK) and Tencent (China). The main area for the collection of academic sources was marketing, as it is directly connected with the topic. Due to the reason that marketing in computer games is not extensively researched, I reviewed the literature on marketing, game industry and some sources about the three chosen ...

Bildungsroman Novel are ones that represent the evolution of a personality and character in a gradual pace and process that explore every phase of that development. Often, the depiction of the progression is such that it leads to great insight about human nature and condition. Sometimes, as in the following texts, they also lead to such aspects of a personality that leaves a permanent imprint on the readers; as the readers often find that the exploredareas are often features of their very own nature that they often remain deliberate aloof about. Then again, very strange personality traits also are observed often that are ...

The world has changed significantly since the 1990s. While changes in technology may be the most obvious, America’s place in the world has shifted several times from the 1990s to today. From the nearly fifty years between the immediate post World War II years to the fall of the Soviet Union 1991, the political world could put into three categories, the first world, second world, and third world. The category reflected a nation’s alignment in the Cold War between the United States and the Soviet Union. The Cold War was the single most important political situation of its ...

Nowadays, putting up a business is a better option than finding employment in someone else’s company. There are many business options and ideas that people can choose from, which could be the start of something big and better for the individual. However, it is important to note that not all who go into business succeed. This can be attributed to the person’s, or group or persons’, lack of understanding pertaining to the type of business to structure to follow. If one wants to capitalize on the potentials of a business, understanding the business and choosing the appropriate business structure can ...

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 ...

Introduction

In the present business world the assumption is that firms would like to maximize profits, but in the real life maximizing profit has a great impact on the society and the economy (Wigley 1996). Firms are classified according to the type of market structure they belong to. There are four types of market structure; perfect competition, monopoly, monopolistic, and oligopoly. The main factors that influences a market structure are; the number of buyers and sellers, the degree of product differentiation, the knowledge of buyers and sellers regarding a commodity and the strengths of barriers to entry and exit. Different industries ...

Chapter # 1 Introduction

Introduction The studies conducted by the National Heart, Lung, and Blood Institute predicted that every year about seven-hundred and eighty-five thousand and four-hundred and seventy thousand US people experience new coronary and recurrent attacks respectively . The diagnosis and treatment of chest chain are imperative because this syndrome exposes dangers to the life of an individual. The advent of overcrowding in hospitals is a significant problem and it is gaining momentum with the passage of time. The overcrowding at Emergency departments (EDs) confirms insufficient quality care and established a systematic issue pertaining to patients that have the right to quality care ...

There are different forms of business structures. The right choice of the legal structure of the company will benefit the owners while choosing the wrong form of business will make it hard to make any profits. One must consider legal and tax consideration when starting a business and selecting the structure of the company.

Today businessmen can choose among many different types of business structures, and this decision will have a great influence on the way they run their businesses. The first and the most important one is that the chosen business structure will have a direct impact on how much ...

The article From White-Collar to Red-Collar Crime discusses the dangers which white-collar criminals may pose. Although typically assumed to be nonviolent offenders, that when threated with the prospect of being caught and imprisoned, many white-collar criminals are willing to resort to committing very violent acts. The article describes the violent acts committed by white-collars criminal moving into the violent crime arena as red-collar crime.

Perpetrators of white collar crime are not all high level executives anymore. Technology has made it easier for ‘street criminals’ to commit white-collar crimes. Many people including those in law enforcement may be under ...

Q1: Basic building blocks of organizational structures (Specific examples). The basic building blocks of an organizational structure include division of labor, vertical linkages, horizontal linkages, and informal linkages (The Saylor Foundation [TSF], 2014). Garment manufacturing requires division of labor, or the assignment employees to the following steps: design, procurement, production (cutting, sewing, and, printing), quality assurance, and packing. Vertical linkages are exemplified by the lines of responsibility in a business school between the dean of college, the department chairs, and the department professors. Horizontal linkages are exemplified in the manner in which GE could conduct its divisional planning, wherein ...

The important concepts of law and justice are necessary foundations that lend legitimacy to a state, in particular and to a society and/or a civilization, in general. Owing to the intrinsic differences in social organizations the concepts of law and justice have varied definitions and approaches in the West and the East. A valid comparison of the Western and the Eastern approaches to these concepts make the comparisons and the contrasts extremely enlightening (Nov 17).

The Western legal culture primarily evolved from the Judeo-Christian sacred texts, the Greek philosophy and logic, and the Germanic-tribal or folk (law) traditions. After 380 AD ...

Introduction

This article discusses divorce in Texas, beginning with how Texas compares with other U.S. States in the percentages of divorces. Having assessed the position of Texas in the divorce “league tables” the article also reviews the divorce processes and applicable laws and how the situation differs in details from the equivalent procedures and legislation in other U.S. States.

Divorce Statistics

The article “Divorce Statistics and Divorce Rate in the USA” (5 April 2012) provides a wealth of statistics about divorce in the USA, notably that divorce rates in this country are high, ranging from 41 to 50 percent for first marriages and ...

Though the USSR collapsed in 1991, the effects of its fall are still felt up to present. Scholars predict that these effects will be felt decades to come and it is only after this period that the real effects of the union’s collapse be felt (Zubok, 2008, p. 15).

One advantage of the fall of the USSR is that after its collapse the USA became the sole superpower in the world. During the time when the USSR was existent, the world was bipolar as the union and the USA formed the leading states globally. Subsequently, after the collapse ...

Introduction

Today many people consider establishing their businesses with the aim of increasing their income streams. However, it is imperative that prospective entrepreneurs have knowledge on the types of business units prescribed by law. This understanding enables them understand the risks associated with particular business units and the capital requirement involved. After deciding the type of business to invest in, entrepreneurs must consider the sources of finance available to them, and the type of accounting skills necessary for running of the venture. Hence, this report analyzes different forms of business units, types of accounting skills, and sources of finance available ...

QUESTION 1

The sole proprietorship is the ideal business for the Owen. This is because the type of business is small, and it has two employees hence this type of a business suit the design and the arrangement/ agreement of the owner and the employees. Furthermore, since the business is new it gives the owner enough time to assess the development of the business and how the workers perform their duties. Thus, the owner has the total control of the performance of the workers and how the business is run. Moreover, the sole proprietorship does not require much paper work to get ...

The Islamic State must not be regarded as a terrorist organization alone. The group has evolved into a well-run political machine and a potent military force. The group believes in a twisted translation of Islamic law as an anchor political belief and demands that this particular world view be imposed on Muslims as well as peoples of other ‘inferior’ religious beliefs. Founded by Abu Musab al-Zarqawi, the group was originally called as the “Al-Qaeda in Iraq (AQI), the first regiments of the IS fought against the US military in the aftermath of the downfall of Iraqi strongman Saddam Hussein. The IS ...

Introduction

The analysis applies important microeconomic concepts capable of increasing the competitiveness of Kudler Fine Foods. Different organizations operate in different marketing structures depending on the type of business, size, and goods and products sold. According to Colander (2010), the four basic types of marketing structures that businesses currently operate on are oligopoly, monopolistic, perfect, and monopoly. Understanding competitive strategies adopted by Kudler Fine Foods assists in establishing the type of market structure where the company operates. Additionally, the analysis will discuss the effect of the chosen market structure on the organization and the relationship between the market structure and ...

Entrepreneurs engage in different forms of business ownership in an effort to satisfy their business goals and objectives. Different types of organizations and organization structures are available in the present business world influenced by the type of environment a business operates in. This discussion focuses on four types economic concepts namely: Sole proprietorship, partnership, public sector organizations, and not for profit organizations.

Sole proprietorship

As the name suggests, a sole proprietorship is a form of business organization owned and managed by a single person. It forms the simplest type of a business to start because it does not fall under the categories of legal entity businesses. ...

Business Ethics and the Global Dimensions of Business

Introduction

The management of any organizations has the sole responsibility of making decisions in organization or companies. Different business units are deemed to be unique and well established if they carry out well informed decisions that will not cost them anything. That is; it is necessary and sufficient for the management of any business that intends to make structural and investment changes to adopt a collaborative strategy (Carroll & Buchholtz, 2011). They are supposed to be keen and ready to make sure that both success and inter-personal relationship is well monitored. One of the decisions that an organization’s management ...

Introduction

This paper has a sole aim to connect the features of a good training program in relation to other factors like the returns on investment and budgetary considerations in a profit maximizing business. The paper presents that a good training is conscious of the budget, the returns and has its focus on improving productivity and output of the employee base. Through researching on existing literature, this paper will aim to get a better clarification and understanding of the impact good training has on both the employee benefits and the company’s long run agenda.

Budgetary Considerations

Training bears various considerable influences on the finances of the ...

The earth is considered to be a home for a billion people along with animals and another organism. A single person would take twenty thousand breaths a day. But is the air that we are breathing clean? Water is considered to be a source of life. But is the water that we drink clean? As children, we grew in a much safer and cleaner environment. But is the environment as clean and safe today? The growing population is considered to have direct impacts on the environment. Environmental pollution has increased 10-fold over the past decade. The grieving situation of planet earth is to be ...

In many capitalist economies, the production of goods and services is controlled by the few who are able to produce the goods with minimal of without any competition. Such an economy is controlled by a few individuals who are able to produce or have been protected by the legistation. Such people who are able to produce goods for production are referred to as the monopolists. Monopoly in the marketplace indicates the existence of a sole seller. This may take the form of a unified business, organization, or it may be an association of separately controlled firms, which combine, or act together, for ...

Businesses take many different forms, and understanding the different faces of businesses and their ownership can help us understand the businesses that make up our community. In Southern California, we pride ourselves on being open to entrepreneurial businesses and new ideas, and founding communities that are welcoming to new businesses with different approaches to the traditional business model. In this article, two local businesses will be examined; they are Dirty Dogs, which proclaims itself to be the “earth-friendly pet product store and spa,” and Jimbo’s, which is a local health food grocery store (“Dirty Dogs: Earth ...

In our everyday lives, we all are faced with one thing-power over something or someone whether it is our children or over our parents as to what nursing home to put them in or let them come and live with us. Generally, it might seem normal to get a little abusive with our so called power and let it go to our head to the point of letting that power take us over because we feel that being drunk on it is not a crime. Nevertheless, given the standard prison study, I can say that I do indeed have some ethical ...

The impact of the social media on all aspects of modern life cannot be questioned or underestimated one bit. Certainly, the social media has changed how people interact and socialize amongst themselves. Of course, the kind of penetration the social media has achieved has not been possible without huge leaps and bounds in technology. In fact, the advancement and heightened popularity of the social media goes hand in hand with the advances made in technology, with mobile devices and internet tablets becoming increasingly mainstream and affordable for the masses. In addition, the social media itself has grown dramatically from ...

Richards (2013, p. 1) first sets out to define the terms to gain a better understanding of the concepts. “Debt” is defined as “borrowing money from an external source with the promise to return the principal, in addition to an agreed upon rate of interest.” Though the terms here are often understood in the negative light, startups, or small companies just beginning to operate, often use debt financing to fund their operations. In fact, even companies with the most robust balance sheets will often times reflect some amount of debt within. In financing terminology, debt can also be ...

Fast Foods: Annotated Bibliography

Viola, Deborah, Arno, Peter, Maroko, Andrew, Schechter, Clyde, Sohler, Nancy, Rundle, Andrew, Neckerman, Kathryn, and Maantay, Juliana.

“Overweight and Obesity: Can we Reconcile Evidence about Supermarkets and Fast Food Retailers for Public Health Policy?”. Journal of Public Health Policy 34.3 (2013): 424-438. Print.

This peer reviewed article is based on a primary research that was carried out with the sole intent of establishing is fast food outlets and supermarkets have a role to play with regards to the occurrence of obesity and overweight. The results from the research indicated that indeed fats food outlets and supermarkets contribute to the ...

Introduction

Datax Tutoring Service exists in its legal form as a legal proprietorship in the form of the business's ownership with mingling of rights of the owner as well as liability and responsibility in combination with business rights. In this case Matt Thomas exists as the owner of the business as well as in legal representation with the responsibility of transaction and management of the activities of the business. There is no legal distinction between the Matt Thomas as the owner and his tutoring business. In addition he is the recipient of allow profits that are subjected to certain taxation ...

There are various forms of business organizations which define how business units are structured. It is usually the primary responsibility of the owner or owners of the business venture to determine the form in which it operates. While making this decision, the entrepreneur needs to have several variables in mind with respect to the various forms of business organization as anchored in the law. There are four main types or forms of business organizations recognized by law namely sole proprietorships, partnerships, corporations and cooperatives. One of the variables considered is the issue of capital to venture into the business. ...

Indeed creditors of a corporate cannot claim the assets of a company’s shareholders should the company become insolvent. This is contrasted to the situation regarding a sole proprietorship in which the creditors are allowed by the law to put claim on the property of the sole proprietor in case the assets of the business are not sufficient to cater of all of the creditor’s claims. Indeed, it is fair for the shareholders of a company to have a limited liability and for the owner of a sole proprietorship to have an unlimited liability. A shareholder with unlimited liability is one whose personal property ...

It is always the desire of each person living to have a fulfilled life where they will live free of worries and anxieties. The steps towards such accomplishments are followed by various actions including working hard in life and even being nice to people. Everybody is usually looking for a secret towards success and once it is unveiled, everything will be done to ensure they get there. However, the definition of success defers from one person to the other and the level of hard work and commitment is not always the same. In an effort to achieve what somebody else has ...

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 ...

Religion was the basic unifying factor and source of unity between Mesopotamia and Egypt. The nature evidently explained the divine forces in work and every person in these two societies worked towards the goal of serving the gods. In Mesopotamia, the Sumerians had a sole believe that the laws guiding them descended from the gods to the ruling kings. These kings then administered the laws to the people with the core support of the priests. The priests then revealed the will of the gods to the kings and the people.

Art and religion are like one thing for the artists ...

I.2 The cultivation analysis theory was developed by George Gerbener. This is a social theory that aims at the examination of long-term effects of television. According to Gerbener this theory is based on proposition that states that the more the time people spend on a television the more they are likely to be carried along to believe in the social message being portrayed in the television. Cultivation exposes people to misconception of the unreality in the world.

There are several elements that make this theory outstanding and reliable for significance in the media world. One of the elements that make it ...

OIL AND GAS SUPPLY CHAIN

Supply-chain links involved in the oil and gas enterprise include; exploration, production, refining, marketing and consumption. Various operations are involved in each of these stages. To begin with, the exploration stage involves geological seismic and geophysical procedures. Production involves engineering facilities, reservoir and drilling operations. On the other hand refining involves complex processing procedures resulting products for the market. The consumption stage refers to when the oil and gas products have reached the end user. All the above stages are carried out as separate segments in a company or as specialized companies dealing with a single stage of the supply chain. ...

When the Cold War commenced, the United States and the Soviet Union occupied different spheres of influence. On one hand, there was the Western Bloc that encompassed the Americans and their allies that advocated democracy in all spheres of society, particularly the economy. On the opposition side, there was the communist Soviet Union and its supporters forming the Eastern bloc. As per the words of the then British Prime Minister, Winston Churchill, “an iron curtain has descended across the Continent” and involved countries were to choose a side (Sinews of Peace, 300). For that reason, more territories meant more economic ...

Social entrepreneurship is where a business aims to achieve a certain social goal other than that of making a profit. Social entrepreneurs are usually concerned about making a positive impact on the society other than their objective of making a profit. For instance in the video entitled “Tom’s shoes”, Blake Mycoskie focuses on improving the lives of the children in Argentina. He observed that most of the children in Argentina were walking bare footed and made it his priority to change this situation.He was keen on making a profit on his sale of Tom’s shoes but also wanted to make a contribution in ...

Business management is a very important skill which should always be taken seriously. Many businesses have failed because of poor management. However, many investments have succeeded as a result of the management approaches put in place in steering them. While it is a good idea for a family to invest, it has become challenging for many people to properly manage their businesses. In most cases, rivalries arise especially when the family members fail to agree on how to manage their businesses. At times, each individual, despite being a stakeholder, might only want to serve individual interest. This has posed a very great challenge to such ...

The neoclassical theory of the firm explains that firms are run entirely for the profit motive of its owners. This has been a widely held theory for many years, with the knowledge that all businesses are purely profit maximizing entities, whose intention is to make profit regardless of the circumstances, actions or omissions.

The profit motive assumption postulates that all actors in the business enterprise are driven by the need to increase their earnings from the business profits. The management wants to earn large pay and bonuses whereas the shareholders want to increase their value for their stocks.

Adam smith, ...

Discussion question 1

The Uniform Commercial Code (UCC) is a uniform act meant to synchronize commercial laws across the United States. The importance of this harmonization is the interstate nature of many business transactions. Without such harmonization, not only would business be hampered but also resolution of disputes arising from commercial transactions with interstate effect would be very difficult. This code is a model law and states are allowed the latitude to alter it to fit their local circumstances. It is imperative to note that the code only applies to movable property only.

The Code defines goods as all movable property when a security interest ...

The theories of X and Y were introduced to scientific society in 1960 by Douglas McGregor, American social psychologist. He elaborated those theories trying to explain motivational factors from different dimensions by rational and acceptable basis. The theories of X and Y are in the center of the fundamental topic of classical McGregor’s (1960) book “The Human Side of Enterprise”.

Theory X represents a traditional system of the carrot and stick approach, based on preconditions of “crowds’ mediocrity”. It supposes that workers are initially lazy, have to be controlled and be motivated “from above”. They treat ...