Business Ethics Concepts

Business Ethics Concepts Business ethics is a concept taking its base primarily in general human ethics and applying those rules and guidelines in a business environment. Ethics is a set of moral principles and laws that govern a just and civilized society (Bradburn, 2001). Business ethic refers to how people’s morals and fairness are used in agreements and decisions between companies and organizations worldwide.Advertising We will write a custom essay sample on Business Ethics Concepts specifically for you for only $16.05 $11/page Learn More The main idea of business ethics is that it closely correlates with the laws of a society and the kindness of people who make it up and in order for the companies and organizations to flourish, ethics should be a guideline never dismissed from business.  Ethics but more importantly the laws that are based on ethical behaviors are needed to regulate the actions of a business to prevent illegal issues and chaos of anarchy. If a company i s not limited in the way it earns its profits, the selfishness of the financial greed will cause to focus on making the most money the fastest without considering a sensitive balance between nature and ways that humans exploit it for personal gain.  It is a known fact that very often people excuse their harmful actions hoping that their detrimental carelessness will not have any effect on the future of the planet and generations of people to follow. Considering the production or manufacturing of products, companies almost always keep secrets or â€Å"know-how†. This goes in line with defects that must be disclosed but this is not the usual case. Companies base their profits on the amounts of customers and sales, so it would be unwise for them to attribute any negativity to own products or services. The key goal of business ethics is to regulate the actions of corporations in relation to the surrounding natural environment, people and society’s laws and rules. Another reason why ethics is the right direction for any business is that honesty will be rewarded and the benefits gained from kindness will be much greater than those of lies and deceit. But very often, rules and laws are helpless in controlling the ever reaching negative actions of a business. The laws are meant to better the society and conduction of businesses, representing the interest of the population in order to keep it from harm both physical and mental. But commonly, there are loopholes that could be found and thus, the law is avoided allowing for the continuance of the deception, pollution and damage to the environment. The goal of law makers and society is to develop laws as comprehensive as possible, touching upon every outcome by constant revision and investigation of the factors involved in such a delicate matter. The lying and deception have become commonplace, as businesses are trying to make even greater profit. The laws exist but often, prove to be helpless in an intric ate business world.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More There are a number of possibilities that would conceal the businesses’ infringements without leaving any proof (Jennings, 2010).  Business ethics are as important as any other kind of ethics. It creates a line between honesty, humanity, kindness and evil based on lies and personal gain. Businesses spread their influence to the farthest corners of the planet and that is why the governing bodies of the corporations and society should make sure that there are always laws and regulations that preserve and protect nature and people. References Bradburn, R. (2001). Understanding Business Ethics, London: Thomson Learning. Jennings, M. (2010). Environment Business: Its Legal, Ethical, and Global Environment, Connecticut: South-Western Cengage Learning.

List of Academic Geography Journals

List of Academic Geography Journals What follows is a listing of important academic journals devoted to geography. You should be able to find most in large academic (university) libraries at universities that include geography departments.   General U.S. Annals of the Association of American GeographersFocusGeographical ReviewJournal of GeographyLandscapeNational Geographic ResearchNational Geographic MagazineProfessional Geographer General International AreaAustralian GeographerAustralian Geographical StudiesCanadian GeographerCanadian GeographicGeoforumGeographicalGeographyGeographical Journal of RGSGeoJournalInstitute of British Geographers. TransactionsNew Zealand GeographerNew Zealand Journal of Geography Human Geography Economic GeographyEnvironment and Planning D: Society and SpaceGeografiska Annaler. Series B. Human GeographyJournal of Cultural GeographyJournal of Historical GeographyPolitical GeographyProgress in Human GeographyUrban Geography Human Geography Related Annals of Tourism ResearchAsian and Pacific Migration JournalDemographyEconomic Development and Cultural ChangeEkisticsHuman EcologyJournal of Regional ScienceJournal of the American Institute of PlannersLand EconomicsLandscape and Urban PlanningNationalities PapersPopulation and Development ReviewInternational Journal of Population GeographyInternational Migration ReviewPlanningRegional Science and Urban EconomicsRegional StudiesSocial Science and Medicine D: Medical GeographyUrban Affairs QuarterlyUrban AnthropologyUrban Studies Physical Geography Atmosphere-OceanBoundary-Layer MeteorologyBulletin of the American Meteorological SocietyEarth Surface Processes and LandformsGeografiska Annaler. Series A. Physical GeographyJournal of the Atmospheric SciencesJournal of BiogeographyJournal of ClimateJournal of Climate and Applied MeteorologyJournal of HydrologyMeteorology and Atmospheric PhysicsMeteorological MagazineMonthly Weather ReviewPhysical GeographyProgress in Physical GeographyQuarterly Journal of the Royal Meteorological SocietyTheoretical and Applied ClimatologyWeatherWeatherwiseWorld Meteorology Organization BulletinZeitschrift fur GeomorphologieZeitschrift fur Meteorologie Physical Geography Related Advances in HydroscienceBiological ConservationBulletin of the Geological Society of AmericaCanadian Journal of the Earth SciencesCatenaEarth ScienceEarth Science ReviewsThe EcologistEcologyEnvironmentEnvironmental EthicsEnvironmental PollutionInternational Journal of Environmental StudiesJournal of GlaciologyJournal of Sedimentary PetrologyMazingiraQuarternary ResearchWater Resources BulletinWater Resources ResearchJournal of Soil and Water ConservationJournal of the Soil Science Society of AmericaRestoration EcologyWild Earth Other - Technique/Approach AntipodeApplied GeographyCartographic JournalCartographicaCartographyCartography and Geographic Information SystemsGeographical AnalysisGeoworldImago MundiITC JournalPhotogrammetric Engineering and Remote SensingWorld Cartography Region-Based Annals of Arid ZonesArcticArctic and Alpine ResearchAustralian Meteorology MagazineChina GeographerGeographica PolanicaPolar RecordPost-Soviet Geography

Business Management- The British Airways Amidst Crisis Essay

Business Management- The British Airways Amidst Crisis - Essay Example For the Airline Industry the catastrophe of the crisis is of a greater magnitude. This is because of the fact that the costs of the airline runs in millions and so equally if profited it would be in millions and if they faces loss that too would be in millions (Haig, 2005). Also another factor is that it is a very big business and a lot is associated with it, there are a number of multi criteria of crisis that could generate at any time and if one looks to analyze one factor is very glaring that today such a combination of problems has erupted world over and that it has gripped the Airline Industry for the worst. How the industries survive the crisis is dependent on the criteria’s that are important to them and the way that analyze the situations and plan ways in which to act. It is the correct measurement of their problems, then analysis with resultant actions that leads to the organizations success. The objective is to analyze the different crisis that the British Airways faces and how it deals and provides plans for the implementation to solve their problems. To study how well their strategies fail and how much they gain or lose by it (Hatch, 2008). British Airways is one of the major airlines of the aviation industry. Today an increase in the oil prices is a major factor, which is pushing the airline industries into the crisis. There are other problems tagging along this major confronting issue. These problems are the overall economic redundancy that is happening world over and because of which there are less bookings taking place and to top it the fear that has been settled in the hearts of people after the September 11 attacks also is causing a slow response towards flying (Crouà ©, 2002). Not just this but British Airlines also has to come up with the problem of seasonal change, meaning that in winters less people are inclined to fly and the bookings are slow. So for negating all these problems British Airways

MGM624-0901A-01 Applied Accounting for Decision-Making - Phase 1 Essay - 1

MGM624-0901A-01 Applied Accounting for Decision-Making - Phase 1 Discussion Board 2 - Essay Example However, a steep increase in the prices will have an adverse effect on the sales volume. Hence an increase of 5% in the sales price will bring the break even volume back to [500,000 / (315 – 115)] 2,500 units. It is evident that JTI has invested heavily in the initial manufacturing of the new luggage line. Steps have to be taken to increase productivity of the entire manufacturing process, by reducing wastage and increasing the effectiveness of the labour. The effectiveness of the resources can be attained by introducing incentives based on performance. Awards can also be presented to the most effective employees every month and this will act as a motivating factor for the employees to increase the productivity (Samuels et al, 2000). Assuming that theses schemes reduce the variable costs to $110, then the break even volume becomes [500,000 – (315 – 110)] 2,440 units. There is a risk of losing sales volume, when the price is increased. The increase in price is profitable as long as the sales volume remains at 3,600 units. It is essential to consider the number of customers JTI stands to lose by increasing the prices (Baker et al, 2008). There are a number of risks involved in introducing incentives based on performance to increase the performance. The management has to set up benchmarks to quantify performance. In case the goals set are impossible to attain, the scheme will de-motivate the employees and can have a negative impact on productivity. Also, if the goals are very simple to attain, then the company stands to lose more in terms of incentive payouts to the employees (Latham, 2004). Hence excessive care has to be taken to set the benchmarks against which the performance of the employees will be measured. From the above arguments, it is clear that JTI has to increase prices and also increase the productivity in order to maintain

Chalice Wine Essay Example for Free

Chalice Wine Essay Chalice Wine Group is a publicly traded company that, through numerous partnerships, owns and/or operates a number of vineyards and wine manufacturing companies in California’s Sonoma valley. Previously, they enjoyed a time of profitability. Yet in recent years, expansion has saw a decrease in their level of profitability, followed by a repeating period of net income losses. The goal of the case is to determine whether the operation of a small winery can be a profitable venture. Upon reading the Chalice Wine Case, the primary issue that I have identified, is that the management of the company has not crafted a clear and identifiable mission. †¢As currently structured, Chalice Wine Group is attempting to be a â€Å"vertically† integrated company. In this they are attempting to accomplish ever step in the wine business. They are making their own grapes, processing their own grapes, bottling, and lastly shipping them to various distribution outlets. This is fine, as long as they are able to create an extremely efficient model to do so. But unfortunately, as their results indicate, they are not efficient enough to make this current model work. There are a number of possible avenues that Chalice Wine Group needs to explore, among those are: -Why are they paying a price for grapes(from themselves! ) that is so in excess of the market rate? There are currently some transfer issues in place, management needs to explore these costs. -Pressing and manufacturing of the wine: The costs of the machinery involved, is extremely expensive. What is Chalice doing with their equipment during the time periods in which there is no production? How are they utilizing this excess capacity? They can either outsource this to another company, or utilize this capacity to process wine for others. -Shipping and distribution: Why are they handling this process themselves? This is easily something that should be handled outside. †¢Secondly, they wish to be a niche wine provider, by manufacturing a high quality, high cost product. The problem is that this statement essentially contradicts their company’s vertical structure. This is illustrated through examination of some of their shipping/bottling practices and part of their distribution chain. -They do not package and bottle their products according to the same quality standards. For example, they are using different quality bottles and boxes for different products. In this eyes of the consumer, this can be inferred as different levels of wine quality. -Next, the desire to be a small niche provider is a direct contradiction to the thought of distribution through food markets. This alone can allow the consumer to infer a mass marketed, broadly distributed product of lower quality. If they want to be a niche provider, they need to market and distribute themselves as such. Chalice Wine Group needs to decide what kind of company they want to be, and as such, needs to structure themselves in a way that will help best meet that mission and goal in the most efficient manner possible.

Operational reorganization :: essays research papers fc

Operational Reorganization Program Our company is downsizing, facing major budget cuts, reorganizing departments and instituting a cross-training program for employees. It’s imperative that we effectively manage these process changes and transition into a more productive organization. A goal setting, motivation and stress management program is required to assist employees and management during this transitional time. As we are all aware, we must make our company more responsive to an increasingly competitive global market. We must be more flexible and be able to adapt quickly to the competitive demands of our industry. Product development cycles need to be reduced and our workforce must be able to continually improve our processes to remain competitive. The following is a step-by-step analysis of a proposed reorganization plan. A time line has been established to cover the initial 3-month implementation phase. The plan provides for a high level of employee involvement, the creation of teams to oversee the changes and set objectives, and a structured communication plan to reduce change resistance and insure that our message is being understood. Step 1 – Analysis of Organizational Objectives (Week 1) â€Å"The implementation of a Management by Objectives (MBO) program is an effective solution to make goal setting operational.† (Robbins 206) Specific and measurable objectives must be set at the organizational level and then flowed to divisions, departments and individuals. The required budget cuts have already established an initial organizational objective. We must quantity the budget cuts and develop a detailed reduction in work force plan. The loss of employment will be a major destabilizing factor for our company and we should move rapidly to implement the necessary reduction in work force to meet our budget criteria. Our organizational objectives must also cover the specific reorganization objectives that will make our company competitive. The realignment of our organization to reduced process cost, product development cycle times and marketing objectives all need to be defined and set to an aggressive time line. The additional measures that must be taken to achieve our budgets must also be quantified. Indirect costs and travel budgets need to be established and measured against our budgets. Step 2 – Reduction in Work Force Implementation (Week 2) The uncertainty resulting from a reduction in work force is a major concern for all employees. All too often, I have been involved in layoff situations, downsizing, rightsizing or however management chooses to characterize the manpower adjustment. Operational reorganization :: essays research papers fc Operational Reorganization Program Our company is downsizing, facing major budget cuts, reorganizing departments and instituting a cross-training program for employees. It’s imperative that we effectively manage these process changes and transition into a more productive organization. A goal setting, motivation and stress management program is required to assist employees and management during this transitional time. As we are all aware, we must make our company more responsive to an increasingly competitive global market. We must be more flexible and be able to adapt quickly to the competitive demands of our industry. Product development cycles need to be reduced and our workforce must be able to continually improve our processes to remain competitive. The following is a step-by-step analysis of a proposed reorganization plan. A time line has been established to cover the initial 3-month implementation phase. The plan provides for a high level of employee involvement, the creation of teams to oversee the changes and set objectives, and a structured communication plan to reduce change resistance and insure that our message is being understood. Step 1 – Analysis of Organizational Objectives (Week 1) â€Å"The implementation of a Management by Objectives (MBO) program is an effective solution to make goal setting operational.† (Robbins 206) Specific and measurable objectives must be set at the organizational level and then flowed to divisions, departments and individuals. The required budget cuts have already established an initial organizational objective. We must quantity the budget cuts and develop a detailed reduction in work force plan. The loss of employment will be a major destabilizing factor for our company and we should move rapidly to implement the necessary reduction in work force to meet our budget criteria. Our organizational objectives must also cover the specific reorganization objectives that will make our company competitive. The realignment of our organization to reduced process cost, product development cycle times and marketing objectives all need to be defined and set to an aggressive time line. The additional measures that must be taken to achieve our budgets must also be quantified. Indirect costs and travel budgets need to be established and measured against our budgets. Step 2 – Reduction in Work Force Implementation (Week 2) The uncertainty resulting from a reduction in work force is a major concern for all employees. All too often, I have been involved in layoff situations, downsizing, rightsizing or however management chooses to characterize the manpower adjustment.

Hiring an Employee for Secretary Position Essay

Hiring an employee for secretary positions It is always a better idea to implement the specific process to hire an employee. Hiring department has developed series of process to begin the search and hire three desired candidate for the empty secretary positions. This will include distribution of application forms, understanding policies of hiring and conduction of interviews. I am reporting on me and my department’s role. My main role is to ensure the process has been followed in correct manner to hire the right person for this position. Our first significant step is to understand policies and procedures. Our application form will be available in our company’s official website. We make sure that every applicant are treated equal, there is no discrimination for employment in terms of race, color, national, origin, sex, religion, age, veteran status, sexual orientation or disability. The applications are reviewed to find the candidate with desired qualification for this position i. e. graduate degree in management from the university and outgoing positive personality with true passion of work. They will be called for the first interview. We have created certain questionnaire to ensure we get required information from the candidate. After this, we will hold a meeting to select most desired ten candidates. Then they will be called for second interview. Out of ten we will choose three for the position. Our department were discussing about providing one week training on application of our latest company software. We saw that employees took time to get used to the software when we updated it. So, it will be beneficial that new employees will have knowledge about it and can start the job right away without any hindrances. We are glad to let you know our procedures to hire employees. We are waiting for your approval so that we can start this process as soon as possible.

The meaning of depreciation and why it occurs

1.What is depreciation and why do we account for it?Depreciation is the continous monthly devaluing of movable assets, allowed by SARS to enable concerns to cipher existent values on such assets. All movable assets depreciate in value over clip, as they are used in twenty-four hours to twenty-four hours concern and vehicles in peculiar lose value as they aquire Kms and acquire older The depreciation procedure allows concerns to let for replacing of such movable assets as good as to enable such concerns to sell off such assets when new 1s are neccesary 2.Do two vehicles of the same brand with similar characteristics deprectiate at the same rate. Why is this so? Vehicles of the same brand, could deprecate at different rates due to different applications eg a driver of one vehicle may make higher milage than the following. The status of the vehicle is besides influenced by its application ( what it is used for ) every bit good as driving manners service intervals, accidents etc. 3.What factors, exept the brand of the vehicle, act upon the monetary value of a second-hand auto? Used vehicle values are influenced by a big assortment of factors, of which supply and demand most surely have the biggest influence. Other factors which are of import to observe are: 3.1 General status of the vehicle 3.2 Cost of fixs neccesary to market the used vehicle efficaciously, eg Tyre wear, etc. 3.3 Mileage 3.4 Age or Year theoretical account 4. If a newer theoretical account of a auto comes out, how does this impact the monetary value of the old theoretical account and the second-hand market? A new theoretical account does non neccesarily act upon the monetary value of a used theoretical account negatively.This procedure is driven entirely by supply and demand. There are many cases of used vehicles really appreciating after a new theoretical account is launched. Major conrtibuting factors to such scenarios would be the monetary value, handiness, and popularity of the freshly launched theoretical account as opposed to its pre dessesor.eg The new theoretical account may non be as popular due do whatever ground ( monetary value, reliabilty, features etc ) A good illustration of this is the Toyota Landcruizer Pickup ( these vehicles really increase in value because of the of all time increasing monetary value of newer theoretical accounts ) I many cases the opposite is true. Newly launched theoretical account genarally offer more characteristics as good every bit good as modernised styling and forms and the increased demand may so influenceowners of old theoretical accounts to purchase, doing an over supply on used theoretical accounts, therefore act uponing valuse of used vehicles negatively. 5.How does VAT work in the sale of a second-hand auto? Input VAT is claimed by the trader on the prurchase monetary value ( trade-in monetary value ) at the set rate, effectivley devaluating the vehicle by 14 % at the current VAT rate. A net income border is so added to the adjusted cost monetary value of the vehicle and VAT added to the amount of the adjusted cost monetary value plus the net income border ( retail monetary value ) VAT is hence efficaciously charged merely on the accomplished net income of a used vehicle 6.Are there any guidelines when pricing a second-hand auto? The most normally used guidline is a used value brochure issued by Mead and Mcgrouther, naming used vehicle values by maker per theoretical account derived function. These guidelines are compliled by manner of a complex coverage system aquired by the providers of the brochure from information gathered monthly from a broad spectrum of traders who report to Mead and Mc Grouther on the follwing issues. 1. Higest monetary value realised on each specific brand and theoretical account. 2. lowest monetary value realised on each specific brand and theoretical account 3. Condition of the vehicles reported, categorised into exellent, good, just etc 4 Mileage of the vehicles reported The guidelines in the brochure list both the suggested trade in monetary value every bit good as the suggested retail monetary value. These monetary values, used in concurrence with a formulated graph in the dorsum of the brochure, stipulating the per centum allowed for addition/deduction as per the status of the vehicle and its milage determines the guideline used by the trader to explicate a value. Other factors which may act upon this value are fixs neccesary to market the vehicle effectivley as stipulated under inquiry 3: 7.What can a concern or individual do to act upon the monetary value that they could acquire for a trade-in? 1. Ensure that your auto is clean and free of defects 2 Service on a regular basis with a commissioned service fix Centre ( perferably with a franchise trader ) 3. Ensure that the service manual is up to day of the month and in the vehicle for review 4. Keep elaborate transcripts of all interventions/repairs and service bills as a history file for anterior review when merchandising the vehicle 8.Is there a peculiar clip of the twelvemonth that it is better to purchase or sell or trade-an a vehicle? Historically makers tend to lauch new theoretical accounts at twelvemonth terminal. In the yesteryear, it was possible to registry such freshly lauched theoretical accounts in the undermentioned twelvemonth provided the vehicle was registered within 21 yearss of reception of the vehicle as per the 21 twenty-four hours temporay license issued. However the new Natis systemdoes non let for this and it is hence unpointed buying a vehicle before twelvemonth terminal. It would besides be wise to take monetary value hikings, historically scheduled by manufactureres for near on twelvemonth terminal, into consideration in concurrence with the twelvemonth of regiistration eg.it would non neccesarlily be better to wait a month or so to enable you to purchase a auto registerd in the undermentioned twelvemonth if monetary value hikings eliminate the salvaging you may hold had when trading in your vehicle Cheaper vehicles tend to bring better monetary values during Jan through the first portion of Feb as demand is increased by pupils, and public-service corporation type vehicles tend to bring better monetary values at the start of the vacation seasons 1.What is depreciation and why do we account for it? The older the vehicle the less the trade in 2.Do two vehicles of the same brand with similar characteristics depreciate at the same rate? Why is this so? The first twelvemonth both autos will deprecate approx 37 % .A It usually depreciates between 27-30 % , evidently the more expensive the vehicle, the more depreciation in rand value 3.What factors, except the brand of the vehicle, act upon the monetary value of a second-hand auto? Vehicle must be orderly and tidy ; tyres in good status, non involved in an accident, upholstery in good status, the lower the milage the better, no bit marks on windshield, rust free 4. If a newer theoretical account of a auto comes out, how does this impact the monetary value of the old theoretical account and the Second-hand market? Normally if a new theoretical account comes out, it comes with an addition in monetary value, to acquire rid of old theoretical accounts ASAP ; A all depends on the fiscal place of client, if a smart face lift of the new theoretical account, client will instead purchase new one 5.How does VAT work in the sale of a second-hand auto? Precisely the same for new autos, VAT is collectible for both 6.Are there any guidelines when pricing a second-hand auto? One has to follow the guidelines in the Mead & A ; McGrouther ; following taken into consideration: A low milage, status, tyres, rust, accident free 7.What can a concern or individual do to act upon the monetary value that they could acquire for a trade-in? Same as inquiry 3 8.Is there a peculiar clip of the twelvemonth that it is better to purchase or sell or trade-an a vehicle? If you trade in a vehicle in Nov/Dec you will acquire more, but on the other manus if you buy in January, auto will be registered in the New Year.Section 11.What is depreciation and why do we account for it?Depreciation is the lasting and go oning decline in the quality, measure or value of an plus. Depreciation Accounting trades with the allotment of costs of fixed assets over their utile lives. For illustration, when we buy fixed plus like mill machinery, this is simply an beforehand payment of which we expect that this fixed plus is able to heighten or gain certain net incomes for the concern. Over a period of clip, the fixed plus we buy will go valueless or unable to bring forth the necessary net incomes. To reflect this go oning decline in the value of the mill machinery, we need to use depreciation accounting. The grounds for depreciation are: wear and tear, obsolescence, falls in market monetary value, effluxion of clip, physical factors, and insufficiency. Reasons why we account for depreciation are: to determine the net earnings/profit for an accounting period, depreciation demands to be computed. Depreciation usually constitutes a major portion of the disbursals of the concern. As the concern buys fixed assets, it expects the fixed assets over the utile lives are able to bring forth the necessary grosss for its concern. Whilst grosss being earned and if there is no allotment of depreciation cost to fit this gross, income will so be overstated. Besides, fixed assets in the Balance Sheet will be overstated if depreciation is non provided for. Merely that portion of the costs of fixed assets that have non expired should be reflected in the Balance sheet otherwise the fiscal statement would non reflect a true and just position. And if depreciation is non provided for and presuming if the whole net incomes were withdrawn during the life of the plus, extra capital would hold to be raised when it is clip to replace the fixed assets. By bear downing depreciation against net incomes, the ultimate residuary net income available for distribution is lowered and that financess are retained in the concern for future replacing 2.Look in a newspaper for two different makes of new autos ( e.g. A Hyundai and a Mercedes ) of your pick and note their monetary values. Find the same two makes of autos with similar characteristics for sale second-hand guaranting that they both are every bit old as the other ( e.g. 2 old ages old ) . Calculate how much each brand of auto has deprecated per centum wise over the clip period. Did both makes depreciate by the same per centum? Explain why do you believe this is so? The depreciation of a vehicle largely depends on the application of it by the driver. Therefore, two vehicles of the same brand and theoretical account may deprecate a different rate. A vehicle will usually deprecate at a rate of 27-30 % per twelvemonth. 3.Besides theoretical accounts, describe other factors the influence the monetary value of a second-hand auto. Second manus auto monetary value must be based upon the marketability of the auto, which you wish to sell. If brand and theoretical account of your auto is new, so decidedly you may wish to sell it every bit shortly as possible. Other factors which may act upon the monetary value of a second-hand auto are: milage, status, particular characteristics of the auto, who has been driving the auto, gasoline ingestion and has any major decorative or mechanical betterments been made to the auto recently. 4.If a new theoretical account of a peculiar auto comes out, how does that impact the monetary value of the old theoretical account and what consequence does this hold on the second-hand market? When a newer theoretical account of a auto comes out, the monetary value of the old theoretical account will be cheaper. This is due to the fact that the older auto theoretical account is out dated. Its engineering is less advanced than the newer theoretical accounts. On the other manus, a vehicle may be popular and therefore the monetary value will go on to increase. 5.How does VAT work in the sale of a second-hand auto? There are two ways in which motor traders handle VAT on used vehicles. Some charge VAT merely on the net income they make on the sale of the auto. This is known as the second-hand border strategy, used by most auto traders. Alternatively, they can bear down VAT on the entire dealing cost – that is the second-hand merchandising monetary value achieved. It depends on how they choose to maintain their records. The second-hand border strategy requires more paperwork from the trader. He must, for illustration, maintain the relevant stock books, which include inside informations such as the auto ‘s engine figure. Each method of bear downing VAT is legal, and HMRC is concerned merely that the trader tells them which strategy he is utilizing. There is no duty for the trader to state the client at the beginning which method of bear downing VAT will be used. Nor is at that place a legal right for the client to cognize, or be told, how much of the monetary value comprises VAT. Yet as VAT on the full purchase monetary value is likely to be instead more than VAT on the trader ‘s net income on the dealing, it seems to me worth inquiring which method of bear downing VAT a auto trader uses before make up one's minding to purchase.6.Are there guidelines for all traders when pricing second-hand autos?Pricing of used autos can be affected by geographics: for illustration, a saloon will do more sence in a metropolis than in an waterless country where it is hard to drive. Similarly, pickups are frequently more in demand in rural than urban scenes. Condition – Is the auto in excellent, good or just status – has a major impact on pricing. Condition is based on visual aspects, vehicle history, mechanical status and milage. There is much subjectiveness in how the status of a auto is evaluated.7.List some things a individual or concern can make to act upon the monetary value that they could acquire for a trade-in?When it comes to acquiring value for y our trade-in, one should ever make 1s homework.The key to making good in a dealing with a trader is to be knowledgeable.Before heading to the auto batch, research your auto online. One should understand the market every bit good. Be realistic about what you ‘re selling, expression at your milage and how good the auto has been kept. All these things come into drama when valuing your auto. Cleaning your auto may somewhat increase your autos book value. Regardless of what the car pricing ushers say, it ‘s up to the trader to accept your trade-in. So, it ‘s of import to look at your auto or truck from the trader ‘s point of view.One of the franchise ‘s major concerns is finding how rapidly your trade-in is likely to sell to another purchaser. When trading-in a auto, a trader looks at the vehicle, walks around it, look into it to see if it ‘s had pigment work and look into to see if any harm has been done to it and take the vehicle for a thrust. They will look into to see what mend the vehicle will necessitate to acquire up to standard or they have to make up one's mind if it would be excessively much to hold the fixs done. They will besides be cognizant of what a auto is presently selling for. A smaller auto trade-in that are in great status menu better right now.If you have a clean, used auto, with no accidents and no amendss, and if it ‘s a four-cylinder or six-cylinder engine, it will convey a just monetary value. Of class, it ‘s up to the consumer to research in progress what that just monetary value could be. If you ‘re merchandising in a newer-model used auto, so surprisingly, it could work against you. If it ‘s a twelvemonth or less, the auto could still be viing with new cars of the same brand and theoretical account. In add-on, the maker may be offering particular inducements for the new auto. Separate the trade-in and new auto transactions.There are many variables involved in buying a new ( or new-to-you ) auto, including the finance rate, new auto monetary value and down payment sum. Make certain the monetary value you get for your trade is non affected by any of them. The first trader you meet, maintain your options open when negociating a trade in, do non restrict yourself to merely one trader.Section 21.What is an plus registry and what does it include?The plus registry is a tool, which helps you to remain in control of your assets in a simple and efficient mode. Here, you register all the inside informations for each single plus: designation figure of plus, description of plus, on which day of the month it was bought, cost, how it was financed, rate and method of depreciation, one-year depreciation for each twelvemonth of its life, current book value, day of the month of disposal and returns from disposal.2.How does a concern make up one's mind what vehicle to buy-model, do, colour, ect? On what are these determinations based?Obviously fundss will be the biggest factor when make up one's minding what vehicle to buy. The vehicle must be low-cost, fuel efficient and easy maintained to cut down the running cost. It will besides hold to an intended intent. For illustration, an electrician requires a pick-up truck to be able to transport his equipment ; a saloon will be of no usage to him at all. A company like Henning Crushers will purchase big choice truck to transport bricks and other natural stuffs.3.What method and rate of depreciation does your concern usage and why?A concern like Henning crusher depreciates its vehicles at a rate of 15 % a twelvemonth on the cost monetary value method. This is due to revenue enhancement intents and the fact that a vehicle will deprecate really rapidly.4.How does a concern decide when to sell or merchandise a vehicle?What form is your used auto in? If your auto is in good form, you might see selling it yourself. If you need to do fixs, though, you need to chew over how much you ‘re traveling to put in the fixs. The truth is you might non reimburse the full investing. So, weigh the possible cost of fixs against the potency added value. Regardless if you sell or trade in your used auto, it has to be in good form. Follow my bit-by-bit instructions for selling or trading in your used auto. A batch of research is necessary whether you sell or trade in your used auto. Trading your used auto in requires traveling to the top three rating sites: Edmunds.com, kbb.com, and NADA.com and set uping a monetary value you will realistically acquire for your used auto if you trade it in. Selling your auto requires the same measure, but it besides requires you researching the best methods for selling your used auto. You besides have to research how to do the transportation when the clip comes every bit good as research what others in your country are seeking to sell their used autos for. Do you like paperwork? When you sell your used auto to a trader, the franchise has staff to manage the paperwork for you. Basically, you drop off the keys and they present you with a neat and tidy bundle of documents to subscribe. Your home bases either get transferred or you get a new enrollment depending on your province ‘s patterns. When you sell your used auto to a private purchaser, you have to make all the paperwork yourself. You have to do certain the dealing is handled decently and the rubric transportation is done right. Make it wrong and you could go on to be the proprietor for revenue enhancement and liabilities of the vehicle. Plus, you have to travel to your motor vehicle office and consequence all the necessary paperwork alterations. What is your clip worth to you?5.Why is it of import to reexamine the value of a vehicle from the point of position of sing them?Vehicle insurance ( besides known as car insurance, auto insurance, or motor insurance ) is insurance purchased for autos, trucks, and other vehicles. Its primary usage is to supply protection against losingss incurred as a consequence of traffic accidents and against liability that could be incurred in an accident. Harmonizing to the insurance policy, a plus must be insured as near to its true value as possible. If the vehicle were to be insured for a higher value than it is genuinely deserving and a accident or larceny takes topographic point, the insurance company will pay ou less than for what the vehicle is insured. Therefore you may do a loss. This state of affairs is known as over-insured. While being under-insured, will intend that you will be paid out less than the vehicles true value in instance of a ccident or larceny.6.What does the concern do to seek to keep the value of its vehicles?A vehicle care log is a diary of all care performed on a peculiar vehicle. Each entry includes a day of the month, milage as of that twenty-four hours, inside informations about the type of work done, and who performed the service. The care log might besides include grosss and a agenda for farther care. One of the most common grounds to maintain a vehicle care log is for a leased auto to demo that you have honored your terminal of the rental contract by maintaining up with standard care on the vehicle at, or prior to, the maker ‘s suggested clip intervals. A vehicle care log will clearly demo oil alterations, tyre rotary motions, brake reviews or replacings and so on. At the clip you return your vehicle from rental, you may be asked to turn out that the auto was maintained decently. The vehicle care log will come in really ready to hand. Another common ground to maintain a vehicle care log is when utilizing a company auto. Often it is required in this instance for revenue enhancement intents. Everything related to the auto, abruptly of utilizing it for pleasance, is a write-down for the company. This includes gasolene and all care. Therefore rigorous records are required. A vehicle care log works absolutely. Similarly, if utilizing your private auto for company concern a part of gasolene, milage and care might be revenue enhancement deductible. Often, concerns will reimburse you alternatively, but in either instance a vehicle care log is required. Whenever the auto is used for concern intents, get downing and stoping milage must be noted and dated in the log. However, a vehicle care log is a good thought for anyone. It ‘s easy to bury how long it ‘s been since certain care has been performed without a record. Again, a good kept up auto is a safer auto and can take to salvage money on fixs down the route. Besides, cogent evidence that you have maintained your vehicle decently is really of import to the following purchaser and really increases the value of the vehicle. It exudes an air of attention and meticulosity, and a auto that has been maintained is less likely to hold or develop serious jobs. Finally, when you do hold to take the auto in for fixs, it ‘s ready to hand for the technician to see the work that has already been done. There are many ways to make a vehicle care log either utilizing a simple clean logbook or a spreadsheet in a plan such as Excel. However there are besides package plans like Automotive Wolf by Lonewolf Software that will non merely maintain path of your care but will cipher your gas milage for you and much more. Automotive Wolf besides has an attractive â€Å" vehicle interface † that uses gages to allow you cognize when certain care is due. This package and plans like it are modestly priced and free to seek if downloaded off the Internet. If utilizing package, it ‘s a good thought to maintain a simple coiling notepad in your baseball mitt compartment to jot down milage and inside informations that you can later enter into the package or spreadsheet. Some software-based vehicle care logs are designed to run on Portable Digital Assistants ( PDAs ) so you can come in your information right from the drivers seat! Whether you take the simple path of doing your ain log, or a fancy option, maintaining a vehicle care log is a smart move that can merely work to your advantage!7.Does the concern normally make a net income or a loss on gross revenues of vehicles? Why?A loss. This is due to factors like depreciation, use and the wear and tear of a vehicle of a clip period. Besides, newer theoretical account and engineering are invariably being released into the market.8.What internal control processes does your concern have to pull off its touchable assets?Procedures effected by an entity ‘s board of managers, direction and other forces, designed to supply sensible confidence sing the accomplishment of aims in the undermentioned classs: Effectiveness and efficiency of operations ; Reliability of fiscal coverage ; and Compliance with applicable Torahs and ordinances. Accurate and complete historical accounting and fiscal statement information Performance direction procedures Strategic planning Budget and prognosis mechanism – Capital outgo analysis, budgets, and direction – Cash flow direction Established precedences that align operations – Coordinated functional activities – Infrastructure that facilitates activity and does n't restrain operations Business hazard analysis and direction plans Accurate, defendable ratings of touchable assets play a critical function in many concern state of affairss, runing from the mundane to the esoteric. Real and personal belongings ratings are of import for revenue enhancement and fiscal coverage, plus monitoring, belongings insurance, ad valorem revenue enhancements and replacing budgeting. At the other terminal of the spectrum, rating of assets can be an indispensable tool in set uping monetary values, warranting places to shareholders and fulfilling governmental concerns in the class of corporate amalgamations, acquisitions, refinancing and restructuring.GlossaryAsset- In concern an accounting, assets are everything of value that is owned by a individual or company. Any belongings or object of value that one possesses, normally considered as applicable to the payment of one ‘s debts is considered an plus. Simplistically stated, assets are things of value that can be readily converted into hard currency. Examples of assets are: hard currency, pre-paid expences, vehicles, machinery, land and edifices. Fixed assets- Besides referred to as PPE ( belongings, works, and equipment ) , these are purchased for continued and long-run usage in gaining net income in a concern. This group includes land, edifices, machinery, furniture, tools, and certain wasting resources for example, forest and minerals. They are written off against net incomes over their awaited life by bear downing depreciation disbursals ( with exclusion of land ) . Accumulated depreciation is shown in the face of the balance sheet or in the notes. Current assets- Current assets are hard currency and other assets expected to be converted to hard currency, sold, or consumed either in a twelvemonth or in the operating rhythm. These assets are continually turned over in the class of a concern during normal concern activity. Examples of current assets are: hard currency, pre-paid disbursals, debitors and money in the bank. Depreciation- In simple words we can state that depreciation is the decrease in the value of an plus due to usage, transition of clip, wear and tear, technological outdating or obsolescence, depletion, insufficiency, putrefaction, rust, decay or other such factors. Straight-line depreciation-Straight-line depreciation is the simplest and most-often-used technique, in which the company estimates the salvage value of the plus at the terminal of the period during which it will be used to bring forth grosss ( utile life ) and will write off a part of original cost in equal increases over that period. The salvage value is an estimation of the value of the plus at the clip it will be sold or disposed of ; it may be zero or even negative. Salvage value is scrap value, by another name. Declining-Balance Method-Depreciation methods that provide for a higher depreciation charge in the first twelvemonth of an plus ‘s life and bit by bit diminishing charges in subsequent old ages are called accelerated depreciation methods. This may be a more realistic contemplation of an plus ‘s existent expected benefit from the usage of the plus: many assets are most utile when they are new. Value added revenue enhancement ( VAT ) – is a ingestion revenue enhancement levied on value added. In South Africa VAT is 14 % . While in Namibia VAT is 15 % .Section 3When opening a new moderate-sized concern, a vehicle is a really utile plus to acquire the concern off the land. To be successful, the concern must be cognizant of how it plans to acquire its vehicles, how to pull off the depreciation of the vehicles, selling the vehicles, keeping the vehicles and besides commanding the vehicles. Acquisition of vehicles: a concern must take several factors into consideration when purchasing new vehicles. First, a concern can purchase a vehicle foremost or 2nd manus. More factors like the colour of the vehicle, the intent it has to function and the cost of the vehicle have to be considered every bit good. Depreciation of vehicles: Depreciation is the lasting and go oning decline in the quality, measure or value of an plus. Depreciation Accounting trades with the allotment of costs of fixed assets over their utile lives. It is impossible to avoid depreciation. The concern must be prepared to set this disbursal.

Gnu project essays

Gnu project essays This is a somewhat bowlderized history; please check the specifics before basing any research papers on it. Unix came to be back in 1969. and has evolved a great deal since then. It was reimplemented in C during 1972-1974, and is therefore the first source-portable operating system. Currently there are a wide variety of implementations of it, with varying degrees of compatibility, from a variety of vendors - Sun, Silicon Graphics, SCO, HP, IBM, etc. It quickly became a favorite among programmers and serious technical types, which significantly shaped its evolution to make it a very friendly and powerful OS for the kinds of uses that those types tended to put it to. The early dominion of AT GNU, a recursive acronym for "GNU's not Unix!", has the primary goal of building a complete, freely-distributable, open-source Unix-like operating system. The GNU General Public License is the most common example of a free-software license - it requires that the source code be made available with any distribution of the software, allows any modification provided that the source code for those modifications be made available as well. GNU began systematically replacing all the standard Unix utilities - editors, archivers, shells, compilers, etc. - with open-source, free versions. As volunteers worked on the utilities, they became better and more featureful than the originals, and thus quite often any machine running a commercial Unix variant would stock GNU versions of utilities to take advantage of these features and to have a standardized version of them. ...

Use the Right Number of Periods

Use the Right Number of Periods Use the Right Number of Periods Use the Right Number of Periods By Michael After the word itself, the sentence is the most basic unit of communication. So its the sentence that your readers will notice first. They may not see your mistakes in spelling, and may not notice your mistakes in grammar, but they are likely to notice when you end your sentences too early or too late. Other mistakes are mistakes in formality, and may not disturb your communication. But a sentence represents a thought, and if your readers cant tell what your thoughts are, communication will be hampered. The basic rule is to end your sentence when your thought ends. You may have lots of thoughts tumbling on top of the other, but try to separate them for easy digestion. Put a period at the end of the thought, or if youre asking a question, put a question mark. Weve already cautioned against the overuse of exclamation points, but they are not toxic in small quantities. If the words dont make a complete thought, dont put a period after them. A real drag. Whats a real drag? I didnt tell you. So I shouldnt have put a period after those words. It wasnt a complete thought, and I shouldnt treat it like a complete sentence. In my opinion, its more common for your reader to become confused with too few periods than with too many. Too few periods forces your reader to separate your thoughts because you didnt. The other extreme is equally painful, though. I had a boss who put a period about every two words. He talked like that. He tried to be. Very calm. Paused every few words. For emphasis. But by using periods inappropriately, my boss lost the benefit of being able to tell his readers which thought was which, or when one thought ended and another began. Like the boy who cried Wolf, he was the boss who cried Period. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Punctuation category, check our popular posts, or choose a related post below:Congratulations on or for?Whenever vs. When EverIf I Was vs. If I Were

Legal Systems Assignment Example | Topics and Well Written Essays - 1750 words

Legal Systems - Assignment Example On March 22, 2005 six men were acquitted from a fraud case costing 60 million. Considered to be one of Britain's longest and costliest fraud trials, it just collapsed after twenty-one months of court proceedings at London's Old Bailey.2 The jury's inability to come up with a fair verdict was pointed out to be the reason for such failure. There had been disruptions and problems with the selected jury and further allegations regarding an unfair trial rose. The verdict cause the public to not to remain in silence that caused unrest among the government. This situation led to the Attorney general to impose on the Criminal Act of 2003 regarding fraud trials that put the juries out of the scene. 4 There had been protests even when it was proposed by the Attorney General Lord Lord Goldsmith. However, the pressure to remove juries from the most difficult cases dates back to the Roskill committee on fraud trials, which recommended trial by a judge with expert lay assessors in 1986.5 The implementation of Part 7 of the Criminal Justice Act of 2003 seemed to be the most appropriate practice in complex fraud trials as what happened in the Jubilee line trial. The Government is no longer willing to lose millions of money spent on a single trial thus a trial without a jury is an alternative. The parliament's approval on the said proposition was justifiable through certain aspects that may seem unreasonable for some conservative groups who are not able to see the real deal behind the fraud trials with a judge-only trial. Further explanations regarding this provision were explained in the Explanatory Memorandum to the Criminal Justice Act 2003 (Commencement No. 12 and Transitory Provisions) Order 005. The following are some of the details regarding its implementation. The Government considers that there are certain fraud cases where the length or complexity of the trial is likely to be so burdensome to the jury that it is in the interests of justice that the trial be conducted without a jury by a judge sitting alone. Provisions in Part 7 of the Criminal Justice Act 2003 give effect to this policy and provide for prosecution applications for certain fraud cases to be conducted without a jury. The requirement that the provisions apply only to cases where a notice has been given under section 51B of the Crime and Disorder Act 1998 limits them to cases of serious or complex fraud.6 The provisions operate only where an application is made by the prosecution, the judge is satisfied that the length or complexity of the trial is likely to make it so burdensome upon the jury that the interests of justice require a non jury trial, and the Lord Chief Justice or a judge nominated by him gives his approval.7 It is the Minister's view that the provisions in Part 7 of the Criminal Justice Act 2003 for non jury trials for certain fraud cases are compatible with Convention Rights, as Article 6 of the Convention (right to a fair trial) does not include a right to trial by jury. The Joint Committee on Human Rights commented (Second Report: Criminal Justice Bill, paragraph 5) -

Hyundai Auto company and GM Auto company Research Paper

Hyundai Auto company and GM Auto company - Research Paper Example With these, the company embarked on restructuring its brands in a manner that they were responsive to market needs yet still competitive. It has focused on restructuring its brands while still focusing on their core business: that is they have focused on strengthening the core businesses which are Buick, Cadillac and Chevrolet, while reducing focus on other lesser brands which are not the core of the business (GM Company 2010 Annual Report, 2010; Norton, 2008). Hence, while focusing on high quality and exciting vehicles, they have also focused on affordability and fuel efficiency. The key focus is mainly providing high quality and affordable vehicles to the market (General Motors Corporation, 2008). Over the past decade, GM has weathered a dip its US market share, with the key reason for this for this being that most of the company’s vehicles did not seem to appeal to younger buyers, nor was it responding fast enough to the changing customer needs. In most parts of the market, the cars were mostly irrelevant (Szczesny, 2009). While sales for some of GM’s cars such as Buick, Cadillac, and Chevrolet were high, performance for other brands such as Hummer, Saturn and Saab were lagging behind. Furthermore, brands such as the Hummer did not fit the new GM business model of cost and fuel efficiency (GM Company 2010 Annual Report, 2010; Norton, 2008). In essence, GM reduced focus on non performing brands and increased its focus on the performing brands, while also shifting its focus to production of vehicles appealing to a younger demographic such as Grand Prix, G6, and Grand Am, as well as production of fuel efficient vehicles such as hybrid, electric and FLEX that respond to high fuel cost pressures and environment consciousness pressures (Norton, 2008). These changes have resulted to improved contribution margins in various new models as well as increased fuel efficiency where the cars use $6-$8 per gallon gasoline, 15%-55% fuel improvement than other vehicles. For instance, the Chevrolet Volt and Chevrolet Malibu have won car of the year awards in 2010 and 2008, while Cadillac CTS and Chevrolet Malibu generated contribution margins of more than 30% and 50% respectively in 2008 (General Motors Corporation, 2008; GM Company 2010 Annual Report). These changes have positively impacted the GM’s brand value enhance its new business model (GM Company 2010 Annual Report). However, cutting the non performing brands also resulted to loss of jobs in the divisions that were cut. On the other hand, Hyundai motor company, one of the largest Korean automobile companies, has undergone changes in its brand strategy where it has mainly focused on fuel efficiency and fluidic sculpture in its products in response to changing competitive pressures in the market place (Cho, 2012). Years after Hyundai had launched its vehicles in the US market, it was still viewed as a â€Å"cheap car suitable for the lower class† customers. Over the pas t decade, Hyundai has undergone massive changes in its brands to appeal to a wider customer base in the US. They have over the past ten years not only focused on