Essays on Transactions

Chapter III

This chapter will review the background of Real Property Law in the Kingdom of Saudi Arabia. In order to lay the foundation for comparisons in subsequent chapters, the elements of the Saudi judicial system and real property law will be reviewed. The background information pertaining to Saudi Arabia will feature the judicial court system, the property rights and real property ownership. A review of the current mortgage law in Saudi Arabia will be analyzed as well as possible reform to include the application of anti-deficiency laws.

Introduction

Saudi Arabia is governed by a monarchy. Its current legal system under the ...

Anheuser-Busch InBev’s Takeover of SABMiller

The global beer industry, which has been growing steadily for almost a century now, is filled with variety. There are many types of beer that vary in flavor, production technique, ingredients, color, alcohol levels, and geographic origin. Also, the many brands vary greatly as well. Some brands dominate global beer markets, while other brands are very local - and everything in between. Anheuser-Busch InBev and SABMiller were two of the largest global dominating beermaker companies in existence. Together, they produced around 30% of all beer sold world-wide. The idea of Anheuser-Busch InBev and SABMiller merging was simply astonishing. When ...

HR and Information Technology (HRIS)

Introduction Business undertaking involves various pitfalls such as poor organizational traditions, the big squeeze, identity crisis, and organizational failure. These pitfalls continue to be inevitable in an organization until effective HR is adopted. Research has established that the creation of consistent and sustained competitive advantage is achievable through effective HR (Pouransari, Al-Karaghouli, & Dey, 2016). Human resources must be managed well for the success of an organization. Every individual working in an organization plays a contributory role in its management. Tarawneh (2012) argued that since human resources are needed in all aspects of business operations ranging from production to marketing, ...

Karen and Arjun understand that political ecology studies the complex relationships that exist between political, economic and social factors which influence environmental issues and changes. Therefore, political ecology majorly politicizes environmental issues and phenomena to bring about the aspect of costing and its benefits and how these affect environmental changes distribution. This field as received numerous contributions from various scholars who believe that the accumulation of resources or wealth is generally influenced by the interplay of economic exchanges and their implication on the environment. According to Karen Bakker in “Golden Road to Riches” she believes that the economic geography ...

Charity 1: School PTA

The Parent Teachers Association in focus is a charitable school organization in a primary school. It is made up of volunteers who consist of parents, guardians, alumni and teachers who come together to generate resources for school programs, events or the acquisition of resources that are not included or planned for in the school budget. The PTA’s committee is made up of five executive members and other volunteers selected during the School’s Annual General Meeting held every September. The Executive position on the PTA Board include; the Chairperson, Vice Chairperson, Secretary, Treasurer and the Vice Treasurer. The ...

Impact of Policy Changes on Financial Stability of Commercial Banks in India

Paper Due date Abstract The study envisages financial stability of Indian Banks, especially schedule commercial banks, in the backdrop of macro-prudential policy changes. Banks are put under microscopic vision in terms of performing as commercial units while strictly adhering to the policy norms. The effect of regulatory and supervisory policy changes can be evidently seen in stressed performance of banks in the recent years, in-spite of growth in their retail portfolios. The policy changes of increased provisioning for NPAs, improvement in asset account quality, revised guidelines for Net Stable Funding Ratio, restructuring of large accounts and many more have ...

Chart of Accounts

Wild, Shaw and Chiappetta (2015, p.58) defines the chart of accounts as a list of financial accounts used by the company to identify specific transactions in its journal/ledgers. Warren, Reeve and Fess (2005, p.48) pointed out that the ledger accounts are usually listed in a specific order, which is either from the most significant value or its ease of liquidation. But some companies list their chart of accounts based on their order of appearance in the financial statements (Warren, Reeve and Fess, 2005, p.48). However, in order to facilitate the tracking of business transactions for future references each of ...

Introduction

MasterCard Incorporated is a multinational financial services provider listed on the New York Stock Exchange. MasterCard provides electronic payment cards and other financial services for banks in the United States and around the world. This report will focus on the business environment within which MasterCard operates and how its internal and external environments interact to define its current status as financial service provider. This will include the company analysis which will be an inquest into the internal elements of MasterCard and its activities. The competitors and competition processes faced by MasterCard will be considered. Then the research will provide ...

Re:

Introduction

In 2000, the Chief Executive Officer (CEO) of Qwest, Joseph Nacchio, was charged civil and criminal liabilities after it has been found that he violated the provisions of GAAP against fraud and insider trading. He was sentenced to six years in prison in 2007 and was slapped with a $19 Million fine and a forfeiture order for proven illegal stock sales transactions worth $52 Million. In this memo, the author discusses the different aspects of Qwest’s case, emphasizing the role of GAAP and the PCAOB.

The Generally Accepted Accounting Principles (GAAP) refers to a standard framework of ...

INTERNET BUSINESS

Abstract: A usage of internet has become popular in the field of business. E-business is the business which the business owners can sell and buy the products over the internet. It keeps the preserve to hold the position on the competitive market. It helps to increase the role of internet and increase the market share. With the help of websites, the startup business has been utilized the essential characteristics of the business facility provided on the internet business. The improvement of information technology in the internet business plays an active role in the startup business. It offers online service ...

Introduction

Bank typology has grown more complex as more formerly niche banking services gain greater customer bases, encouraging different banks to shift focus from the traditional retail banking format to a more complex and specialized arrays of banking services. Moreover, large banks, particularly multinational companies, maintain their retail operations while serving non-retail accounts, such as businesses, investors, and purely online customers (Pritchard, 2016). Further, certain organizations offer banking-like services to its members, such as credit unions and savings and loans associations (S&Ls). Thus, to manage this typological complexity, this explorative paper covers only primary forms described in its most typical ...

Almost every aspect of life has taken an online approach with the emergence of the computer error. The whole concept of globalization could not have turned into a reality were it not for the sake of computers and related technology. As a result, therefore, software engineering, which is the basis of technological revolution, has been largely embraced to enhance efficiency and reliability in most processes. In the current society, complex tasks and functions have been successfully broken down into extremely simplified processes with the use of computer programs. Software engineering refers to the use of computer programs to design ...

Amazon.com Inc. is an American E-Commerce company based in Seattle, Washington. It was founded in 1995 by Jeff Bezos and provides a platform upon which consumers can easily access and purchase books and other products such as CDs and DVDs online. The company was started to capitalize on the opportunity for online retailing as internet services grew across the global market. Amazon.com is one of the most cited companies with respect to business-to-customer e-commerce as its domain; amazon.com attracts over 600 million online customers annually (Shier 4). The company operates based on a mass marketing business model which aims ...

Significant Areas Addressed by Management

Cedar addresses the compliance of the guidelines of Government Accounting Standards Board in the city accounting reports. Compliance to (GASB) regulations through the provision of an overview of its financial performance for the fiscal year Accounting Policies Utilized by the City The policies include Analysis of financial statements The policies of liabilities, assets, deposits and investments (Rodenbeck, 2013) Statistical Section The statistical section will cover the computational outcomes of the management decisions. For example Depreciation of capital assets over the respective annual ranges The effects of deposits and investments Determining the values of the net assets, and its liabilities ...

Business Plan

Introduction In the modern business environment any business whether a start-up or an existing business develops a plan to enhance the achievement of a competitive advantage and success in the market. As such, there are several factors that determine the success of a new or existing business, which can easily be referred to as the determinants of business success. It is essential to note that such determinants originate from within an organization and from external environment, which work together in determining the level of business success and competitiveness in an industry. The factors that are are not within the ...

Introduction

Accounting is loosely defined as the action of keeping accounts that are financial in nature. Careers in accounting are numerous. They include auditors, accountants, Bookkeepers and Management Trainees. Auditors are people with extensive knowledge in accounting. They are tasked with examining and analyzing the financial records of companies. Auditors are individuals who ensure that financial records are accurate and that remittance of taxes is done accordingly and in time. They are people who calculate the taxes that companies owe the Revenue Authorities. The auditors are individuals who suggest ways and mechanism of cost reduction and organize the financial records ...

Payment methods and technologies have shifted a great deal over the years. Gone are the days where cash and check transactions make up the bulk of the give and take that occurs when people engage in commerce, travel and otherwise spend their money. Credit and debit cards have ruled the roost for a while but some new contenders are starting to emerge. The first major alternative to the conventional credit cards and other more traditional methods was PayPal (PayPal, 2017). However, smartphone-enabled technologies such as Apple Pay, Samsung Pay and Android Pay are starting to dominate the commerce and ...

1. Information technology plays a major role in improving the efficiency and performance of business. There are different applications of Transaction Processing System (TPS) that could support business transactions. Three most effective applications of TPS are IBM Transaction Processing Facility (TPF), Hewlett-Packard NonStop system, and Transaction Management Executive (TMX). 2. Transaction processing system (TPS) is a software system that collects, processes, modifies, captures, and retrieves detailed information of transactions in an organization. The system stores information in the most up-to-date manner that helps to improve the operational performance of an organization. The system helps to process online banking and ...

Abstract

E-services can be best described as services offered by governments and organizations via the Internet. This paper intends to measure the usability of E-services for illiterate users in Saudi Arabia. This is done by using a general form specifically designed for data collection. The utilization of a special soft keyboard has been suggested for bringing improvements in the E-services usability.

Introduction

The Kingdom of Saudi Arabia has shown excessive interest in the transformation to e-government in the recent years. For that reason, the government and institutions are considering to introduce electronic services. This is also important as e-services offer huge ...

Overview

Amazon.com came into existence in 1995 as an online retailer of books taking advantage of the exponential growth of the Internet (Govindarajan and Warren 2016). The meteoric rise of the Internet as a major business tool and a platform for many daily activities drove the company to start selling and later publishing e-books itself. The development of the Kindle e-reader and its debut in 2007 made the company the leading seller of e-books. Today, it has widened its product offerings beyond books and it is the largest online retailer of consumer electronics, household goods, the Internet and media. In ...

(Tutor’s Name) (Assignment)

Introduction US has been the center of the global economy for the past several decades, and hence decisions taken by the U.S government can have significant impact on the rest of the world. In the same manner, the monetary policies formed by the Federal Reserve (FED) – the central bank of the United States –influence the economic policies of other countries worldwide. Therefore, central banks worldwide are closely monitoring the moves of the FED so as to make timely adjustments to their economic and monetary policies. The U.S economy was severely hit by the global financial ...

General accounts are accounts that record financial transactions that are not specifically restricted to a particular set of accounts or are not necessary to account for in another fund. The general fund is the only one kept and run by governments all over the world. The Special fund accounts records general government transactions that are normally restricted by law or contractual agreements for particular predetermined purpose other than huge capital projects. This accounts will always exists as long as government has resources dedicated to some special programs and projects. In addition, budget preparation is an important process done every ...

Summary of the Analysis

The mission statement of the company is efficient because it states what Amazon is, what it does, and why it exists, which are critical features. It also provides a guideline for the pricing strategy of the corporation; for instance, its choice to offer the lowest prices for quality products makes it very attractive to online shoppers. The firm formulates and implements its grand strategies, such as pricing, integration, diversification, location, and pricing based on its vision and mission statements. The SWOT analysis reveals that it has significant strengths that give it a competitive edge over its competitors. It also ...

Compare and Contrast Financial and Managerial Accounting

Compare and Contrast Financial and Managerial Accounting

Introduction

In the current world, the environment in which companies operate has become more competitive, and this trend worsens by the day. As such, it has become imperative that firms focus more on advanced and sophisticated means of gathering accounting information for them to react as required towards market dynamics. In this consideration, it is important for these companies to employ proper accounting practices, which might either be financial, managerial or cost accounting (Hoffjan, Nevries, and Stienemann, n.d.). This paper will, however, focus on the first two. It will explore their similarities, differences ...

The emergence of digital currencies and their rapid expansion into international financial markets and the lives of common people has been nothing but a substantial shake-up for the global financial sector. These digital or virtual currencies, often known as cryptocurrencies, employ cryptography to secure and authenticate transactions, as well as to administer the creation of new units. Today, both youngsters and older people know the Bitcoin benefits and Ethereum features: they are decentralized and operate on a peer-to-peer network, giving users more independence and near-absolute anonymity.

In recent years, digital currencies have grown in popularity, and their use has spread beyond ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

Background

Being a small sized nation and also one lacking too much of natural resources, it was mandatory for Singapore to adopt a policy of open trade. The overall trade in Singapore currently amounts to thrice its GDP. Moreover, Singapore possesses absolutely no exchange controls either on the inflows or the outflows of foreign currency funds through its residents and non-residents. Despite the presence of stricter controls over the flows of domestic currency, there is no control that the nation has on its inflow and outflow. The country is known to be following an extremely liberal foreign direct investment (FDI) ...

Information Security Threats

Introduction Information is one of the most important assets for many organizations, as it acts as a differentiator and provides a competitive advantage. Loss of information such as patent information, proprietary processes, or trade secrets could prove to be very detrimental to a business. While there are many threats to the information security, this report focuses on three of them, which are 1) Denial of service, 2) Privilege escalation, and 3) Backdoor. This report provides measures that address, block, or removes these threats. Information about tools, products, or services that mitigate these threats is provided in the report as ...

ContentsPage

Executive Summary 3 Introduction 4 Discussion 4 Conclusion 7

References 10

Executive Summary Quality education is not always equals to a higher budget. This kind of education can be achieved by maximizing the readily available resources and optimizing human resource skills, and using modern technology at human advantage. When environment and human resources, and modern technology are properly used, an excellent quality of education is possible without the fear of workers’ strike and student protests. This study wants to present a possibility of a cost less quality education among the leaders and administrators of St. Vincent Community College. It is a ...

Elements of a Valid Contract

A contract is essentially a meeting of minds, which may only occur when the following five elements are present: an offer, an acceptance of the offer, an intention to form a binding contract, a consideration, and capacity. An offer represents an intimation of the willingness to enter a contract on given terms, and must be made with the intention to be binding upon acceptance. It must be definite and certain, such that it will not necessitate further negotiations prior to acceptance (Carlill v Carbolic Smoke Ball Co., 1893). It should also look like a contract in the estimation of ...

Innovative Ways of Using Emerging Information Technologies

There are several ways by which users can evaluate and gage the performance of cloud providers. Usually, they are assessed based on costs of the utility model, though there are several variations to further gauged each provider’s desirability such as the location, reliability and security factors. There are organizations that offer certification to providers that comply with specific standards; for instance, the Cloud Security Alliance (CSA) developed the Trusted Cloud Initiative Program that help cloud providers comply with standards and practices (Cloud, 2011). In addition to relying on certifications, users must take considerable steps in evaluating the performance ...

Entrepreneurship Resource planning system

Many organizations in the world have taken the initiative to enhance the quality and efficiency of their operations. As a result, they have integrated entrepreneurship planning software in their systems. Entrepreneurship resource planning system assists global businesses in integrating their vital business functions such as inventory, planning, finance, purchasing, and marketing among many others. Businesses in the world are finding the system of great use because it is able to enhance the efficiency of a business. Since the development of ERP systems, many companies have seen its worth to integrate. In fact, during that time the systems played a ...

Abstract

When an organization has cash inflows and outflows of foreign nature, the cash forecast for every currency will help during the identification of the currency exposures. The format of the estimation should allow the users to determine the balance for every currency and whether there is a growing shortage or extra money over time based on reasonable cash flows. The increasing gaps between the cash inflows and outflows may need hedging, and the cash flows that offset over time represents the issue of timing effectively. The management of foreign exchange transaction can be achieved through the offsetting transactions to ...

BOP Assignment

A firm’s internal and external environment affects its performance in the market. It is worth noting that there are several tools of analysis used to determine the manner in which a given organization performs in its environment. Business operations take place within an environment. The environment factors are classified into internal and external factors depending on the type and ability of the firm to control. In this case, BHS is an example of an enterprise that was bought by an investor and merged into his wider business. After a while, it was on the verge of collapse, and ...

Milestone I

Apple Inc. was founded on April 1, 1976, which makes it 40 years old. There is something to say about a company that has been around for that long; they must be doing something right. There were three different kinds of computers starting with the Apple I, Apple II and the Macintosh. The Apple I had a typewriter like keyboard with the ability to connect to the TV for the screen. These were all built by hand. The Apple II arrived in April, 1977 and with this came color graphics and a tape based machine. Then in 1984 Macintosh ...

Introduction

The invention and development of computers have changed many aspects of human society. Most of these changes were too revolutionary, that it is often hard to imagine a life without computers. This increasing reliance of the society towards computing technology is referred to by scholars as ‘internet of things’, a term they use to describe the interconnectedness of people and computing technologies (Gubbi, Buyya, Marusic & Palaniswami, 2013, p.1646). One of the most impacted professions in the advancement of computers is the accounting profession. In fact, computing and accounting are so related that they are often used interchangeably. For accountants, ...

Question One: SEC’s Rationale to Charge Cardillo Executive

Making False Representation to External Auditor The executives of Cardillo intended to give false financial information to lure investors and creditors. They intended to get at least $3 million thresholds that were established by the court. As a result, the executives made inappropriate adjusting entry, which gave the SEC the reason to charge them. They lied to the external auditors that the $203, 000 that was received from United Airlines was income to the company, which was not the case (Ritteberg, 2012). In the real sense, the money that was paid by the United Airlines was supposed to be ...

Nowadays various threats of malicious software are considered the most dangerous because of the sphere of their influence and rapid spread. One should be aware of the reasons for viruses attack as well as be ready to find ways to identify and eliminate malware. Considering worms, viruses and Trojans as the greatest challenges for security personnel, it is extremely important to be well aware of the issues and methods of solving problems connected with malware. Users as well as systems administrators should act fast when a potential infection is detected. This way, the key to dealing with malware is ...

Nowadays cryptography is critical to all organizations. Cryptography is usually used by passwords, SSL, smart cards. Cryptographic systems can provide following services: 1) authentication, 2) non-repudiation 3) confidentiality 4) integrity. For user authentication the password should be used. The politics for password selection must be applied: the password should contain at least 8 symbols, have characters, symbols and numbers, so that it would be difficult to guess it. It is more secure to use two-factor authentication, rather relying entirely on password authentication. Non-repudiation tools are needed to prove that definite user made transaction (for example, queried statement). Only appropriate ...

The economy is the major part of every country that is crucial for interpersonal and international relations. American capital markets are ones of the leading markets on an international scale, and their stability guarantees the further strengthening of American economic position. Under the conditions of the multi-party system and the possibility of the negative influence of politics on the country’s economy, it is important that American standard setting remains in the private sector. This paper aims to discuss the role of the concentration of accounting standard settings in the private sector in the issues related to the neutrality ...

Business, Company and Conveyancing Law

Part B Q. 1 Salomon v Salomon & Co. Ltd. (1897) is a landmark case on the incorporation, features, and nature of companies. The case is important in the formation of businesses in some respects. Firstly, the significance of the case with regards to the formation of companies is that it introduced the principle of a company being a separate, autonomous, distinct or independent entity from the owners or even the promoters of the enterprise. This is important in that it shields the owners from any liability that may be incurred on behalf of the company about its creditors. Further, ...

Final co-op report

Province Introduction The purpose of this report is to contemplate on the knowledge and skills that I have acquired during the co-op work term. During my co-op term work, I was an accountant trainee and the experience enabled me to apply the knowledge acquired in class, and also gave me an insight into the future of my career. In this report, I will include my strengths and weaknesses as was revealed by my experience in my co-op term work. Skills, weaknesses, and strengths will be listed as part of my self-evaluation. I will also conduct an evaluation of my ...

MANAGEMENT ACCOUNTING

Introduction Management and financial accounting provide platforms for an organization management to provide informed decision and policies. Organization management uses the budget as the accounting tool in formulation of policies and allocation of resources in different activities. Accounting encompasses the entire body of knowledge that deals with recording and keeping of all financial transactions. It entails identification, recording, classification, verification, and communication of financial information relating to the resources of the organization. On the other hand, financial accounting is a subset of accounting and is concerned with the use of financial data to measure economic performance of the organization. ...

This paper is a review of the book titled, Finance for nonfinancial managers: 24 lessons for understanding and evaluating financial health, by Katherine Wagner. The book will help managers from non-financial background to understand the languages and techniques used in finance. It can enhance the participation of these managers in financial matters and decision making. Complex financial lessons are presented in a form that could be understood by people from non-financial backgrounds. (Wagner, 2005) The first chapter of the book reviews basic terms used in recording, classifying and summarizing financial transactions. Knowing these terms will help the manager to ...

Argumentative Research Paper

Introduction In the recent decades, multiple economic, political and cultural factors have contributed to China’s increasing participation in the global market, particularly in the international retail. The country’s retail market is among the most dynamic in the world today, while the fast and decisive adoption of the technological opportunities for retail operations made China the largest e-commerce market worldwide with the sales revenue of estimated $589 billion as for 2015 (Tong). Chinese retailers readily use the modern technological means to reach both local and foreign consumers, which has led to the dramatic growth of China’s Business-to-Consumer ...

Introduction

Scientific discoveries and advances have yielded a broad range of technological applications that can be utilized in business settings. Today, business entities can make use of technology to reach their goals more efficiently and comprehensively than any other time in history. Computers are playing a significant role in modern business transactions. Cell phones, GPS, the Internet, and other technological marvels are transforming the way business is conducted. However, these advances are creating new scenarios that come with new ethical challenges. When technology begins to infringe the rights of an individual, then it borders on becoming unethical. Today, computers and ...

Contrary to a person, who can exercise their responsibilities directly, companies are inanimate bodies without such capabilities. However, the stakeholders of a company are able and supposed to undertake the corporate social responsibilities, which is vital to the sustainability of a company. According to Steve (20), a company has the responsibility of delivering quality products to its customers and protects the welfare of the society while complying with the laws and regulations of the government in which it operates. The ability of a corporation to adhere to its corporate responsibility significantly determines its level of achievement (Steve 133). It ...

Statement of the Research Problem

Currently, there are a vast number of reported cases of online fraudsters who tend to break into people's systems without their consent. The threat of online fraud has an impact on operations of business in the hospitality sector. The adoption of technological advancements improves the efficiency of firms such as the hospitality industry that can guarantee them more advanced customer service and consequently tremendous profits. However, the increased use of the internet makes the hospitality industry prone to fraudsters. For instance, the Marriot Milwaukee Downtown which is a major hotel in Milwaukee, Wisconsin, faces the threat of fraudsters mainly ...

Introduction

In the world of commerce, most individuals and organizations act on the basis of delegation. And delegation of authority leads to the formulation of an agency relationship. The agency theory is based on the view that a principal vests power in an agent to represent the principal in certain situations specified in the agreement. This creates a fiduciary relationship and the agent will have to act in the best interest of the principal. Fiduciary relationships mean an agent must act in the best interest of the principal. This include the provision of some parameters within which the agent can ...

INTERNAL AUDIT AND FINANCIAL CONTROLS

Internal Audit and Financial Controls It is the ethical and professional responsibility of the auditing firm to maintain the high level of assurance and maintain an acceptable level of objectivity and independence as per the applicable codes of the auditing and assurance. Therefore, during or before performing audits, internal and external, the auditors must avoid any threat towards their independence and objectivity. However, in most of the cases, the auditors reduce the level of threats to assure that their reviews are objective and free from bias. ("Internal Audit's Relationship With External Audit") When the audit firm is providing the ...

Transaction cost economics (TCE) deals on aspects of economic exchange, or transactions, where there are many factors in the transaction to be considered. In this case, contracts have to be incomplete since transactions have many sides, or are too complicated. There are large costs involved and the specifications have to be stated including the many details. These transactions also occur in the wider context of organizations and institutions. In other words, TCE is different from other microeconomic theories and is attractive as a subject for research by scholars. Moreover, there seemed to be inappropriate rationality in this kind of ...

Introduction

Multinational corporations across the world usually consolidate and present their operational results in financial and non-financial terms at the end of every term, usually a year. The financial aspect of reporting is supposed to comply with a clearly prescribed set of regulatory standards. The adoption of the International Financial Reporting Standards and GAAPs was meant to ensure that all compliant firms across the world produce financial statements that conform to the industry specific reporting frameworks and thus achieve a degree of uniformity in reporting. Different firms in operating in multiple locations operate under the strict guidelines of the specific ...

Chapter 4. Question 3

Social media has provided us with new ways to communicate. It has provided several platforms for companies to take advantage of to promote and strengthen one’s brand. With this, I do not think it is necessary to impose policies on controlling the use of social media in the workplace. Since this is a form of communication, I am sure all companies have their inclusive communication policies which aim to control inappropriate behavior. This should cover that for social media. All employees are adults, with sound minds and who knows what is right from wrong. It is time to ...

Introduction

Proper communication is essential to the development of any organization. In fact, lack thereof compromises the growth potential of any corporate establishment. With this idea in mind, it is worth appreciating the impact of Personal Digital Assistants (PDAs) to the development of the global economy and communication since their development in 1997. According to the Journal of medical system, the utilization of pagers in the years before was quite limiting since these devices had a narrow communication spectrum (Kuziemsky and Francis 337). Consequently, PDAs were developed to enhance the sharing of information between individuals through the utilization of the ...

Introduction

The aim of every business is to make as much profit as possible, by selling their goods and services to the consumers in the most efficient ways (Friedman, 2007). At times, it is not possible for the producers to sell their goods and services to the consumers, thereby requiring an intermediary that will make it possible for the producer to reach the consumers. These intermediaries are called marketing channels, and they help in the transfer of the ownership of goods, from their point of production to their point of consumption. In other words, marketing channels make it possible for ...

KMS Design Intervention in Banking Industry

Introduction Banking institutions are under significant competition and pressures emanating from the market. Due to these reasons, banking organizations may experience credit reduction growth to private sectors, poor investments, high-interest rates, and inadequate management of risks. However, banking businesses would lose meaning without customers. Ensuring good relationship with clients contributes to the developments of any particular organization. Business systems that invest in customer knowledge concerning services that they offer stand a chance for future innovation. Surviving institutions retain valuable and accurate information from the profiles of their individual clients. These may include needs, demands, and wants of the specific ...

Business

2016-07-23

Introduction

This paper is devoted to the issue of the companies of Elon Musk and Tesla and their compliance with the Moral Compass (Elon Musk’s Empire, 2016). The chosen news is related to the personal and corporate integrity. It should be noted that personal interests as well as professional interests can impact on the company. In this case, expression and defending each of own interests by the business entity can lead to a phenomenon that is called a conflict of interests. Entering into transactions with each other, every company seeks to realize selfish interests, which may not coincide ...

Whenever there rises a conflict, the contending sides may be attempted settling on one-sided choices on key issues due to the conviction that negotiating with the other side will be a deadlock. There exists thenegotiation technique which may pay off in the short term, yet it's critical to consider the long haul costs as far as determination of contention. In the year 2012, there were union negotiations by the Chicago Teachers Union and the City of Chicago. The negotiations prompted a ten-day strike in September. Subsequent to being chosen the chairman of Chicago in February 2011, Rahm Emanuel, Obama's ...

The professional standards i.e. International Ethics Standard Board for Accounting (IESBA) enables a company’s auditors to provide tax services and retain their independence. The standards give permission to audit firms to provide non-audit services if the provision of services does not conflict with the independence needs of auditors. The non-audit services are known as permissible non-audit services ranging from professional advice related to transactions, tax services, and advisory services regarding business activities. The tax services include assistance related to tax return preparation, tax calculations to prepare transactions, and planning and resolution of tax disputes. Absence of conflict enables ...

Programming Assignment

Question one

An itemset is considered to be a closed pattern if all the intermediate supersets lacks the same support as the itemset (Han and Kamber 231). That is, if there is not item x in an itemset A such that each transaction containing A also contain x, then A is a closed pattern.

Maximum patterns

These are frequent patterns that lack the right super pattern. That is, if none of the intermediate supersets of an itemset is frequent, then the itemset is said to be maximal frequent (Han and Kamber 231).

Support

Support is defined as the frequency of the rule ...