Final Case Study Example | Topics and Well Written Essays - 500 words

Last - Case Study Example The three fundamental elements of this framework are firmly interrelated as observed from ongoing structures of business structures (David 12). The framework gives ventilation, keeps up pressure between consumed spaces and decreases air pervasion. The procedure through which air moves forward and backward the spaces is known as room air circulation (David 14). It is very predominant that cutting edge building plans coordinate the establishment and control frameworks into warming, ventilating and cooling frameworks. In business structures, engineers investigate the plan of the structure, and they determine warming, ventilation and cooling frameworks to be utilized in the premises. Concerning little structures, the framework can be bought and introduced. This is on the grounds that code-congruity examinations and building grants in regards to the framework establishment are compulsory for all structure sizes. Along these lines, the warming, ventilation and cooling industry has become a worldwide venture (David 5). A portion of the essential jobs of the business incorporate framework development and plan, upkeep, activity, assembling of the gear and deals. Additionally, the business is utilized as an examination and instructive focus. In this framework, warming is handily accomplished through warming types of gear or by means of radiation. Ventilation is likewise helpful in this framework. This is on the grounds that ventilation continues satisfactory blend of breathable gases, henceforth; killing scent and contaminants from the consumed space (David 20). This guarantees the inhabitants of the space are profitable and solid. For this situation, ventilation can be accomplished through mechanical circulation frameworks which are fueled by fans and normal ventilation. Finally, cooling is upgraded through warmth expulsion. This is typically accomplished through radiation and convection which is accomplished through the warmth siphon frameworks (David 29). As examined over, the

Project Management Integration Framework Free Essays

Money related hazard the executives can be characterized as the authoritative sourcing of functional direction on showcase the board and credit chance. It very well may be partitioned into two sections, which are, the large scale and the small scale chance administration. There are various contrasts between the two hazard the board draws near. We will compose a custom paper test on Undertaking Management Integration Framework or on the other hand any comparable point just for you Request Now For instance, in large scale chance administration, there is use of innovation to ease money related dangers or misfortunes. This method should be possible by concentrating on the hazard the executives of a firm †a methodology which is obvious however takes a great deal of time. The significant apparatus utilized in this endeavor is the utilization of ‘stress test’ upon portfolios which breaks down the joint power of the more extensive arrangement of dangers in important manners. This procedure gives more data about the hazard and gives a chance to determined investigation (Dash, 2004). Despite the fact that the hazard as a rule has been informed to the administration, the all out hazard that is inbuilt into the framework isn't disposed of. The fixation on the budgetary framework along these lines changes the hazard profile in the business. The hazard profile gets erratic and would thus be able to cause genuine impacts in the business economy. Then again, while executing full scale hazard the executives, one requires moving from the thought that the strength of a framework is a result of the precision of individual parts. Present day hazard chiefs accordingly center around the improvement of the instruments to assess the chance of credit bargains which may bring about the breakdown of the firm. The transmission of dangers inside a firm may in this manner bring about pain with its partners. Through this methodology, the hazard directors can examine how negative money related stuns, for example, capital surges, can adversely amplify a sector’s chance. This methodology causes them to plan and mitigate the hazard by altering the boss financial overflow to calm the stuns. Administrators in this way have the chance to review their strategies. To avoid potential risk on large scale hazard the executives, the administration ought to in this manner include the staff who are constantly associated with the testing of the congruity plans and who know about the plans. Moreover, this procedure causes chiefs to look at other firms’ systems which have been demonstrated fruitful. Supervisors will likewise investigate others’ strategies which they can effectively adjust into their conditions. On the other hand, in small scale chance administration, one beginnings by giving a general foundation of budgetary hazard the board which delineates how the hazard emerged in the firm. This data investigates the key ideas utilized in past hazard the board and gives an approach to check its return. One therefore finds the primary ideas utilized in chance administration and would thus be able to express them through notable budgetary catastrophes of the past. One can likewise devise approaches to maintain a strategic distance from the dangers. This procedure permits directors the chance to devise the strategies to be utilized to deal with the market hazard and how to advance it, spot it, and different instruments of distinguishing the hazard. This gives a nitty gritty examination of the models utilized in evaluating the dangers and how each model can be utilized to decide and control hazard. After this, the money related hazard the executives will gather together the examination and the exercises on the hazard the board portfolio which gives a firm an away from of the hazard and its administration. Through this, one can computerize reviews and powerless administration all through the running of the firm. Therefore, the gathered mechanizes got to are then used to control all advantages in the firm followed by their testing to recognize the most defenseless dangers which may return in the firm. This action gives the best method to identify and control a miniaturized scale hazard at its underlying appearance. Reference Dash, J. W. (2004). Quantitative money and hazard the executives: A physicist’s approach. Toh Tuck Link, Singapore: World Scientific. Step by step instructions to refer to Project Management Integration Framework, Essays Venture Management Integration Framework Free Essays There are three primary parts that must be satisfied by a venture for it to be really effective; it must be finished inside the set financial plan, plan and convey the normal result and quality. In the event that one of these parts isn't met, regardless of whether the task is finished, at that point the undertaking can't be supposed to be effective. Task disappointment is normal and may result from different reasons; one of these reasons is that, the undertaking may really be incomprehensible. We will compose a custom exposition test on Venture Management Integration Framework or then again any comparable theme just for you Request Now Take for instance the disappointment of the Apollo program, which was American spaceship that handled the principal man in moon. This task ran well from the year 1969 up to 1975. Apollo 13 disappointment of oxygen tank and the Apollo 204 disaster, which prompted loss of lives shows that the crucial never again be protected as arranged. Besides, the targets of the task were difficult to be accomplished since the principle objective was to see whether people could make due in the moon and live easily or even in some other planet separated from earth. Inept administration is another basic explanation that may prompt undertaking disappointment. A genuine model is the vanishing distribution center undertaking for a Software organization in the country. The stockroom varnished from the physical view as well as in attentive gazes of a retailer who was notable in the arrangement of robotized appropriation. Programming glitch some way or another had deleted the presence of the distribution center and hence merchandise bound to that stockroom were redirected to different courses where as the products in that distribution center for a specific time grieved. Workers at that missing distribution center stayed silent in that time since they were accepting their compensation. As the product glitch was seen, the distribution center was then auctions off and the senior administration mentioned the representatives to hush up on the scene. This prompted the disappointment of that product venture. At last over-compelled is another explanation that prompts their disappointment. Football clubs are genuine models. Wenger, the Arsenal club trough had an arrangement to make the club to keep performing admirably and win all the trophies. This proceeded for quite a while however fizzled. This football club follows its disappointment at that period due to over-compels in the administration just as in the players. This club from that point forward has not had the option to win trophies in spite of its consistent sparkles in the successive years prior. The most effective method to refer to Project Management Integration Framework, Essays

How to Write the Perfect Process Analysis Essay (With a Sample Essay)

How to Write the Perfect Process Analysis Essay (With a Sample Essay) A process analysis essay is a kind of expository essay that explains the process or actions someone needs to take to complete a task. You can think of it like a recipe, stating all of the necessary ingredients and steps, allowing the reader to follow along in logical order.A process analysis essay can be written about a wide scope of topics, from highly technical processes to cleaning and organizing your closet. Writing a process analysis essay forces you to slow down and consider every tool and step involved in completing a task, and then explain whats needed in logical order for your reader to do the same.Writing a process analysis essay forces you to slow down and consider every tool and step involved in completing a task, and then explain whats needed in logical order. Photo by Med Badr Chemmaoui on Unsplash.Format of a process analysis essayFor this type of essay assignment, you will not be following the traditional five-paragraph essay outline. There is still an introduction an d body to your essay, but your conclusion is more like the analysis part and the essay will end when youve completed explaining the steps involved in a process. Below, well break down exactly what should be included in each of these parts. Also keep in mind that you can still create an outline before beginning writing your process analysis essay, although it might look more like a list of bullet points rather than a traditional five-paragraph essay outline.IntroductionThe introduction to your process analysis essay will include information about the process you are analyzing and why it is important. This will likely be the shortest part of your essay. If there is a unique history to the process youll be analyzing, the introduction is where you might mention that. You basically want to use this paragraph as a brief introduction to your reader of 1) what process youll be analyzing and 2) how or why that process might be useful information to know.BodyThe body of your process analysis essay will mention any prerequisites, materials, or instruments needed to complete the process. It should also mention any risks or warnings involved that are relevant to the process. Its important to include everything that the reader will need to complete the process, and even extra tools that might help the process go smoother but are not necessary. For example, in the sample process analysis essay provided below on how to make apple butter, I included a spoon to stir the butter as part of the list of tools that will be needed. Additionally, I mentioned that a food processor will make the apple butter cook better and have a more butter-like consistency, but its not necessary to have as a tool to cook apple butter.AnalysisFollowing these sections, youll write the actual process in sequential order required to complete the task. Make sure you include transitional words within and between paragraphs, as these are required to show the sequence of the process in logical order. Your an alysis will likely be across several paragraphs, so make sure each paragraph describes a separate part of the process to avoid confusion for your reader.Sample process analysis essayTo show you how a process analysis essay might look, weve provided a sample essay that includes the separate sections discussed above. Notice that the introduction paragraph is short, providing basic information about the process that will be discussed, while the remaining paragraphs are longer and more detailed.Below is a sample process analysis essay explaining how to make apple butter. Photo by Aarón Blanco Tejedor on Unsplash.Sample essayApple butter is similar to apple sauce but is different in that it is highly concentrated and used more often as a butter-like topping on bread or crackers. Its cooked long and slow, allowing the sugar in the apples to caramelize and turn it a deep brown color.To make apple butter, you will need a slow cooker, food processor, cutting board, peeling knife, large spoo n, apples, sugar, and spices for the desired flavoring (usually cinnamon and nutmeg). You might also want to use an apple slicer, which cuts down on the preparation time. Note that when you begin cooking your apple butter, the more minced the peeled apples are, the smoother the final product will be. If you want your apple butter to have a true butter-like consistency, mince the apples well in the food processor before cooking.Now, lets look at the process of cooking apple butter. To begin, prepare a large, clean space for cutting and processing the apples. Five to six cups of fresh apples will likely only result in a few cups (at most) of apple butter, so depending on how much butter you want to make, you could be peeling and preparing apples for several hours. Each apple will need to be sliced, peeled, and minced in a food processor for maximum butter-like consistency.Next, add the minced apples to a slow cooker and place the slow cooker on high. You will notice that the top of th e mixture is watery, once the larger pieces settle. Add sugar and spices until you reach the taste you want for the apple butter. Keep in mind that apples vary in sweetness, depending on what type of apple you are using, and sugar can be added slowly throughout the cooking process. Be careful not to add too much sugar at first, as the butter will get sweeter as the apples cook down. In fact, you might even choose to not at sugar at all at this stage of the cooking process, especially if you want a final product that is not too sweet. The spices can also be added as the apple butter cooks or not at all (if thats your preference). Be sure to stir every 10-15 minutes during the first hour as the apple butter is cooking on high and let it cook uncovered.After one hour of cooking on high, turn the slow cooker to low and cover it. Depending on the type of apple you have used, it should cook for 8-10 hours, until there is no water left at the top and around the sides of the slow cooker. Du ring this slow cooking time, stir occasionally (once per hour should be fine). This is also when the apple butter makes your kitchen smell amazing!Finally, when the apple butter has reached the consistency and taste you want, remove it from the slow cooker. If you choose to can the apple butter, you can do that immediately or keep the apple butter in the refrigerator until you are able to can it.

Self Leadership Brand Development The Journey Down A...

Self-Leadership Brand Development: The Journey Down a Long Dirt Road My leadership brand development involved my moving to a place of self-acceptance. My ideas and thoughts about how others perceive me have grown exponentially. In the past I have taken a position of â€Å"it doesn’t matter what others think†. However, in reality, it does matter what others think. I believe that I have two weakness: self-doubt and reluctance to take action. Maybe I see these two as weakness because I have been rejected on more than one occasion and have built a wall of comfort behind not taking action so that there is no place of rejection to fall. My objective for this self-leadership development plan is to build my self-confidence so that I can move to a place of self-motivation and success. After giving the concept more thought, I realized that I harbored a great deal of negative energy and behavioral outputs. By this I mean that I speak a lot of negative thoughts, harness a lot of an xiety, and perpetuate bad habits. Together these elements build a foundation of excuses to fail rather than reasons to succeed. My brand is one developed based on a conglomerate of ideas offered by researchers and experts in the field of leadership. The assignment challenged me to acknowledge and change a specific behavior in order to become more successful in my self-leadership abilities. Through self-reflection and a few self-assessment tools suggested by Neck and Manz (2013), I realized that my biggestShow MoreRelatedHistory of Ife/Modekeke Crisis4543 Words   |  19 Pagesstation called NTA Ife, and is home to various businesses. Ife is also the trade center for a farming region. Yams, cassava, grain, cacao, and tobacco are grown. Cotton is grown and used to weave cloth. Hotels in Ilà ©-Ife include Hotel Diganga Ife-Ibadan road, Mayfair Hotel, Obafemi Awolowo University Guest House etc. Ilà ©-Ife has a stadium with a capacity of 9,000 and a second division professional league football team. The meaning of the word ife in the Yoruba language is sprawl or expansion; Ile-IfeRead MoreYamaha Motorcycles Is Innovation the Main Driver for Sustaining Competitive Advantage?21109 Words   |  85 Pagesinnovation   and   its   importance  to  sustaining  competitive  advantage.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  .      In   order   to   understand   the   current   theory   around   innovation,   an   extensive   review   of   literature   was   conducted.            This   review   led   to   the   development   of   three   propositions   surmising   the   role   innovation   plays   for   both   Yamaha   and   its   consumers.         These   propositions  were:      1. The  consumer  of  Yamaha  is  an  information  processor  who  engages   in  a  logical,   methodical,   deliberate  Read MoreMa rketing Management130471 Words   |  522 Pages13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Unit Title Marketing management – an introduction Marketing environment Marketing with other functional areas of management Market segmentation Market targeting and positioning Product management Brand management Pricing Channel design and management Retailing and Wholesaling Integrated Marketing Communication Advertising management Sales promotion Personal selling Public relations Understanding individual consumer behaviour Understanding industrialRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesBusiness Review Finance Articles The Power of Management Capital Feigenbaum−Feigenbaum International Management, Sixth Edition Hodgetts−Luthans−Doh Contemporary Management, Fourth Edition Jones−George Driving Shareholder Value Morin−Jarrell Leadership, Fifth Edition Hughes−Ginnett−Curphy The Art of M A: Merger/Acquisitions/Buyout Guide, Third Edition Reed−Lajoux and others . . . This book was printed on recycled paper. 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He consults to organizations around the world on innovation, globalization, and transformation and has published extensively in leading academic and business journals. is the Robert and Jane Cizik Professor of Business AdministrationRead MoreIgbo Dictionary129408 Words   |  518 PagesonaryDictionary of Ònà ¬Ã¯â‚¬ ¬chà   Igbo 2nd edition of the Igbo dictionary, Kay Williamson, Ethiope Press, 1972. Kay Williamson († ) This version prepared and edited by Roger Blench Roger Blench Mallam Dendo 8, Guest Road Cambridge CB1 2AL United Kingdom Voice/ Fax. 0044-(0)1223-560687 Mobile worldwide (00-44)-(0)7967-696804 E-mail R.Blench@odi.org.uk http://www.rogerblench.info/RBOP.htm To whom all correspondence should be addressed. This printout: November 16, 2006 TABLE OF CONTENTS Abbreviations:

Capital Budget - 887 Words

General Motors Sample Case Study Next Generation C hevrolet Instructions You have 1 hour and 30 minutes to complete the case below, which involves building an Excel model and preparing a written memo. You will walk through your analysis as part of the interview process. The GM team will ensure your case material makes its way to the proper interview room. By the end of the allotted time, you should: Write a memo in Word no longer than one page outlining your analysis of the case problem and your recommendation Be prepared to walk your interviewers through your Excel model and present your recommendation (you can use either the Excel or the Word document as back up for your discussion; no need to†¦show more content†¦Chevrolet has a storied history in the full-size sedan market. The first launched as a 1958 model year vehicle. In its , was the best-selling car in the United States. current 9th generation has market share of ~18% and consistently sold more than 100,000 units per year on average from 2008 to 2009, the latest full year of data availa ble. Property of General Motors Finance June 2, 2014 Page 1 General Motors Sample Case Study Assignment 1: Direct C ash F low A nalysis As an analyst in Operations Finance, your manager has asked you to create an Excel model with a direct cash flow forecast for the next generation using the information below. Prepare yourself to walk your interviewer through your Excel model and calculations. Assumptions: For simplicity, assume all cash flows occur at year end and there are no working capital requirements. 1. Development cycle (design and engineering of the vehicle before going to market) 5 year development cycle Investment in manufacturing equipment and tooling: $450M a. Investment Timing (15% of the total spend in 2010, 20% in 2011, 20% in 2012, 20% in 2013 and 25% in 2014): Engineering budget: $390M (timing same as investment spend) 2. Sales Assume product is launched the year right after the end of the development cycle Life cycle of the product: 5 years of sales after vehicle is launched Total market forShow MoreRelatedCapital Budget : Capital Budgeting Essay1838 Words   |  8 PagesIt is probably safe to assume that most households run on a budget and some amount of forecasting, as there are many individuals who might not have an unlimited supply of money. Decisions are made about paying household bills in relation to the income that has been generated. Then comes a point in time when one realizes a need to invest in a home improvement project, this results in an analysis of the finances such as, the expense and benefit of the project. Company’s do the same thing except onRead Morecapital budget 1831 Words   |  4 Pagesï » ¿Critically reflect on the importance of capital budgeting.   Why is this heated subject in many boardrooms? How does capital budgeting promote the financial health of an organization? How will you use the financial techniques you have learned this week to promote the financial health of your organization? A capital budget is very important for a business. It is a heated subject because a decision about capital budgeting can help the business to determine if the proposed investments or projectRead MoreOptimal Capital Budget995 Words   |  4 PagesOptimal Capital Budget ï  ® Finance theory says to accept all positive NPV projects. ï  ® Two problems can occur when there is not enough internally generated cash to fund all positive NPV projects: Increasing Marginal Cost of Capital ï  ®Externally raised capital can have large flotation costs, which increase the cost of capital. ï  ®Investors often perceive large capital budgets as being risky, which drives up the cost of capital. (More...) ï  ¬An increasing marginal cost of capital. ï  ¬Capital rationing Read MoreCapital Budget Recommendation1037 Words   |  5 PagesCapital Budget Recommendation ACC/543 Capital Budget Recommendation As a dedicated furniture maker and businessman, a clear understanding of the techniques used to assist in capital budgeting is important. There are several techniques used, each having advantages and disadvantages. Within this recommendation, the advantages and disadvantages of each technique will be briefly discussed. Additionally, discuss how each technique will assist in determining the desirable capital budget techniqueRead MoreWhy The Capital Cycle Affects The Operational Budget1525 Words   |  7 Pagesimportance of the capital cycle and why healthcare executives need to know and determine how the capital cycle impacts the operational budget. Within my paper, I will explain the capital standard approval process to include all the individuals involved in the process. I will discuss the essential characteristics of a financially successful organization, along with how healthcare managers should apply these traits when operating the capital cycle of their organization. Capital Cycle In orderRead MoreCapital Budget Process With Expansionary Versus Replacement1273 Words   |  6 PagesCapital Budget Process with Expansionary Versus Replacement This report is a comparative analysis of the capital budget process during making decision of expansionary versus replacement. With the objective it is the goal to maximize the wealth company and its shareholders. This process can include expansion or replacement or replacing them and which ones better show capital budgeting will help in processing the difference. Replacement decision concerns whether an existing asset should replaced byRead MoreCapital Budget1446 Words   |  6 PagesCases and Exercises for Value and Capital Budgeting Corporate Finance Academic Year 2012/2013 1. The treasurer of Amaro Canned Fruits has projected the cash ï ¬â€šows of projects A, B and C as follows (measured in e): Year 0 Project A Project B Project C Year 1 70, 000 130, 000 75, 000 Year 2 70, 000 130, 000 60, 000 −100, 000 −200, 000 −100, 000 Suppose the relevant discount rate is 12% per annum. (a) Compute the proï ¬ tability index for each of the three projects. (b) Compute the NPV for eachRead MoreCapital Budget Recommendation1135 Words   |  5 PagesCapital Budget Recommendation Managerial Accounting and Legal Aspect of Business/ACC 543 May 24, 2010 Capital Budget Recommendation Guillermo Navallez is the owner of Guillermo Furniture, a company thatRead MoreThe Cost Of Capital Budget1469 Words   |  6 PagesThe risk that the company puts itself in within their sector should also give an idea of the capital budget. A higher risk within a specific sector the more that there should be invested. The cause of this was a hurdle rate that was too low. Another point to address is the projects overall contribution to the firms borrowing power. What may occur is the cost of debt ratio to fluctuate with the cost of equity ratio. As the company continues to operate, the process needs to carefully dissect eachRead MoreCapital Acquisitions Budget509 Words   |  2 PagesThe capital acquisitions budget has a number of options available to it. There are a number of different elements that need to be taken into consideration, such as the state of the existing resources and the need within the community. This report will focus on the financial aspects only, however. The first potential acquisition is two garbage trucks to help handle collection as our countys population and business base expands. The trucks each cost $150,000 and have a useful life of 10 years. The

Watching Emptiness Free Essays

Whenever I walk to the track before a meet, when nobody else is there, I feel a sense of mystery. A mystery of what is going to happen right here, in this precise place, at the precise time. It feels like nothing exciting could happen here because it is so quiet and serene. We will write a custom essay sample on Watching Emptiness or any similar topic only for you Order Now But anything can happen. Anything good, anything bad, maby. The first thing I think of when I walk up to the empty track is how quiet it is now. But thinking ahead, I know how loud and exciting it is going to be. Now I can just hear my slow footsteps on the track, but soon, I will be able to hear my competitors’ racing steps behind me, along with the cheering crowd. I also hear an occasional car drive along on the driveway nearby, but I know that they are not seeing what I am seeing because not too many people are drawn to an empty track in the early morning. Only those who like the mystery and potential it holds. I feel comfortable being alone at the track. I like how I can do anything, and no one would see me. No one is running with me, no one is watching. Everything is played out in my imagination, like a play of what it is going to be before the day ends. I can feel the flexible track under my feet, both now and in my imagination, but then, I am running hard with my racing spikes on instead. Thinking of the future, I can feel the wind racing by my face as I speed along, but now I only feel a slight breeze. When I look around, I see nothing obviously stimulating, but I start to get excited and nervous anyway. Even though there is nothing to see but an empty track and bleachers, I can see the competition already . . . I can see myself on the track, running my favorite race, and coming out of top. I can see my relay team and I, racing head to head against our rivals. Then I can see us start to pull ahead and finally win the race, leaving our competitors behind us. I can see potential for good things to happen. I can see all this by just looking at this empty track, when no one else can see it . . . yet. There are no people moving about like I normally would see at a track. I don’t see competitors lined up, ready to race. But instead, there is nobody and nothing on the track, except for a few lone hurdles and race markers. The dew on the infield is uninterrupted, with only the coming sun to melt it away. The bleachers are still wet with last night’s rain, and they don’t look ready to hold the crowd for today’s meet. But as the rest of the team walks up behind me onto the track, I know that we are ready. How to cite Watching Emptiness, Papers

Business law Competition of Busineessn Procuct

Question: Describe about the Business law for /Competition of Busineessn Procuct. Answer: 1. As per the given study, Bill and Jill intended to purchase a cafe on 1st July 2016 from the Dodgy Pty. Ltd. Therefore, the offer was made from behalf of Bill and Jill to the Dodgy Pty. Ltd. There exists an offer in the contract made between the two parties. The ownership of the cafe was obtained as the offer was made keeping certain considerations and terms in the offer. There exists acceptance of the offer in the present case. Thus, opinion can be made that the contract between Bill and Jill along with Dodgy Pty. ltd is a valid contract as there was consideration made followed with acceptance of the offer. Nevertheless, the case focuses on another added factor that is worth the discussion. As per the law, a contract can be considered void or illegal, if there is deceptive or misconduct present, certain specific matters are misinterpreted and the conduct is unconscionable in nature. In the given case, the Dodgy Pty. Ltd had cheated the other party by dishonestly stating that the weekly takings of the cafe is $ 10,000. The estimated cost of the business was stated to be $3000 per week. However, while continuing the business, Bill and Jill came to know that the weekly taking was about $2000 on an average that as lower that their cost. Therefore, it can be inferred that there has been a misinterpretation of the terms and conditions of the contract made between Bill and Jill and the Dodgy Pty. Ltd. There is a need for the plaintiff to enter as misinterpretation of contracts signifies false statement. Three elements are useful in establishing the misinterpretation of contract. The three type s of misinterpretation are negligent, fraudulent and innocent misinterpretation. Fraudulent misinterpretation can be termed as that statement that is undertaken with the intention to mislead the plaintiff fraudulent interpretation and simultaneously remain ignorant about the truth. The given case indicates that a fraudulent interpretation has been carried out as Dodgy Pty. ltd provided Bill and Jill with a false statement that was done intentionally. The false statement regarding the weekly takings and the cost of the business is a fraudulent misinterpretation carried out by Dodgy Pty. Ltd. The Australia Consumer Law, Chapter 2 and section 18 (1) states that ambiguous or unreliable contract with a party in a contract is strictly prohibited. On addition, the misinterpretation or false statement about goods and services are even prohibited by the Australian Consumer Law Section 29. The section of the act allows the sufferer to claim penalty from the defendants (Austlii.edu.au. 2015). Bill and Jill is therefore eligible for claiming for the damaged they suffered from Dodgy Pty. Ltd. or the contract will be considered as an inexistent. A person can be changed guilty if as per the Misrepresentation Act 1972 Part 2, the person wrongly interprets the contract. In this case, the corporate body is responsible for the offense to which Jill and Bill are entitled. The corporations are restricted from conducting any sort of misleading act or deceiving act by the Trade Practices Act 1794 Section 52 (Martinluitingh.com. 2014). Thus, Bill and Jill are allowed to claim the loss and damages they suffered from the contract. On the other hand, Dodgy Pty. Ltd is responsible for paying for the damages to Bill and Jill based on the Fair trade Act 1987 Section 56. This law also with the misleading conduct that restricts performing misleading act while conducting trade or business with other parties. 2. As per the given case, the pizza business is running successfully that is owned by Hugh. Since, Hugh intended to trim down the operating cost of the business devoid of carrying out listing of the papers, they used to advertise the business, and a serious issue came up. The company faced issues as they offered stale and outdated ingredients in the food products they sold although the company advertised and claimed to use only fresh ingredients. A number of customers were reported to fall sick while one of them died out of serious food poisoning. Based on the above issues, there are several number of laws related to these issues. The government and the customers are allowed to take significant legal action on the company that is found guilty on this context. As the business owner had no registration of the documents, yet the advertising process is carried out makes the business owner guilty under the law of Business Names Registration Act 2011 Part 2 and Section 18 (Divanbeigi and R amalho 2015). As per this act, it can be stated that it is a serious offense to carry out business in an unregistered manner. section 18 (1) of the act specially stresses that if a trade runs on a name that is unregistered in the register of Business names, then it is a crime and the owner can be punished for the act. The penalty unit is $ 110, which is one of the 30 penalty units considered in the act (Legislation.nsw.gov.au. 2016). As the owner of the business, advertises UberPizzaDelivery service without registering its documents with the law, makes the person offensive under the Business Names Registration Act 2011 Part 2 and Section 18 (Legislation.gov.au. 2014). The Food Safety and Standards can also be considered appropriate for the given case and the Food Act of 2003 and Food Regulation act 2015 are associated with the issue. Under the Food Act of 2013, the business owner is guilty as he uses stale and unfit ingredients that cause the consumers to fall ill. Selling of unsafe food is a serious offense under the part 2 and section 14 of the act. The section restricts the sellers from selling food products in the market that are unfit for the consumption. As Hugh was selling stale and un-fresh food to the customers, he is liable as per the act. Hugh might have to suffer from two years of imprisonment or a penalization of 1000 penalty units ir even both if the customers suffering from poor health owing to the food value, takes action with the help of the act. According to section 14 (2), as the owner was quite aware of the use of unsafe ingredients into the food production, makes him answerable (Austlii.edu.au. 2016). The section states that s elling food even after knowing that the food is unsafe is a crime. In case of a corporate, a penalty of 3750 punishment units can be charged if found guilty and seven fifty fine units when an individual is found guilty. Moreover, under the section 15 of Food act in 2003, Hugh is responsible as it offers stale and outdated ingredients even though it advertises using fresh ingredients. The act deals with the delivery of counterfeit food report through promotion. Section 15 (1) and (2) of the food act 2003, that if an entity have partial or complete knowledge about the fact that the customers are relied on the description of food given by the owner and might face health issues from the consumption of such food and yet provides fake description can be severely punished. An imprisonment of up to two years or 1000 punishment units or equally can be charged on the business owner, if found guilty. Under the Food Regulations Act 2015 Part 2 Clause 8, the customers are able to take legal action Hugh as the person has been carrying out business that is not registered. Under the Australian Consumer Law (194), the distressed party can take actions. As per the law, if an offers goods that are against the safety standards it is an offence and legal actions can be taken against the supplier. The individual found guilty is liable to pay $220000 while the corporate needs to pay an amount of $1100000 (Austlii.edu.au. 2015). Hugh is liable to pay the customers for their loss and damages, as he is found guilty under the personal liability as well as the vicarious liability for ignoring the duty of being carefull. The consumers have the power to take the person to court that might end up closing down of the business completely (Kitagawa 2015). In the given case, the fraudulent misinterpretation have taken place as a false description about the products are delivered to the customers to make the customers interested in buying the products. Therefore, under the Australian Consumer Law Section 29, the owner of the pizza business needs to face a pecuniary penalty paid to the customers. An example of the huge false representation made by the business is ACCC v Giraffe World Australia Pty Ltd (1999). References Austlii.edu.au. (2015). COMPETITION AND CONSUMER ACT 2010 - SCHEDULE 2The Australian Consumer Law. [online] Available at: https://www.austlii.edu.au/au/legis/cth/consol_act/caca2010265/sch2.html [Accessed 15 Sep. 2016]. Austlii.edu.au. (2015). MISREPRESENTATION ACT 1972. [online] Available at: https://www.austlii.edu.au/au/legis/sa/consol_act/ma1972224/ [Accessed 15 Sep. 2016]. Austlii.edu.au. (2016). TRADE PRACTICES ACT 1974 No. 51, 1974 - SECT 52Misleading or deceptive conduct.. [online] Available at: https://www.austlii.edu.au/au/legis/cth/num_act/tpa1974149/s52.html [Accessed 15 Sep. 2016]. Australiancontractlaw.com. (2016). Australian Contract Law | Julie Clarke. [online] Available at: https://www.australiancontractlaw.com/legislation/cthacl.html [Accessed 15 Sep. 2016]. Divanbeigi, R. and Ramalho, R., 2015. Business regulations and growth.World Bank Policy Research Working Paper, (7299). Kitagawa, Z., 2015.Administrative Regulations(Vol. 4). Doing Business in Japan. Legislation.gov.au. (2014). Business Names Registration Act 2011. [online] Available at: https://www.legislation.gov.au/Details/C2011A00126/ [Accessed 15 Sep. 2016]. Legislation.nsw.gov.au. (2016). NSW Legislation. [online] Available at: https://www.legislation.nsw.gov.au/#/view/act/2003/43/part2 [Accessed 15 Sep. 2016]. Martinluitingh.com. (2014). Trade Practices Act - Martin Luitingh Barrister. [online] Available at: https://www.martinluitingh.com/trade-practices-act.html [Accessed 15 Sep. 2016].

Treaty of Paris Fall Bastille an Example of the Topic History Essays by

Treaty of Paris Fall Bastille At the end of the XVIII century many European countries witnessed the surge of active struggle for public participation in the state government. Under the influence of new philosophic doctrines the possibility of such participation was declared to be one of the political rights of citizens and even extended to the point of the right to choose the form of government. In America the struggle for self-government transformed into the Revolutionary War for independence against Britain, and in France it turned into the French Revolution which resulted in the overthrow of absolute monarchy. Need essay sample on "Treaty of Paris Fall Bastille" topic? We will write a custom essay sample specifically for you Proceed Thus American Revolutionary War and French Revolution are tightly related. The concept of human rights was one of the staple driving forces for the both revolutions. Revolutionary War in America was conducted under the slogans of the freedom of conscience, liberty, equality, etc. The Declaration of Independence (1776) gained a focal role in this war. It was the first document where the requirements confirming the human rights as the basis for a fair social order had been formulated. The Declaration opens with the words which later were picked up in France: We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. American Revolutionary War ended by concluding The Treaty of Paris of 1783. Having been signed on September 3, 1783, it formally ended the American Revolutionary War between the Kingdom of Great Britain and the United States of America. The key point of the Treaty was the recognizing the thirteen colonies as free and sovereign States. The Revolution in France (which followed the Fall of Bastille on July 14, 1789) also used the slogan of Liberty, Equality and Fraternity, (although coined during the revolution). Thus on August 26, 1789 the National Assembly in France adopted The Declaration of the Rights of Man and Citizen that included the following statement: The purpose of all political association is the preservation of the natural and imprescriptible rights of man. These rights are liberty, property, security, and resistance to oppression. As we can see the both events, The Treaty of Paris of 1783 and the Fall of Bastille in 1789, became a particular realization of the perpetual strive of people for constructing their state on the principles of liberty and equality. References: Jefferson, Thomas (1776). The Declaration of Independence. Retrieved Oct. 13, 2006 from http://www.ushistory.org/Declaration/document/ Marquise de Lafayette (1789) Declaration of the Rights of Man and of the Citizen. Retrieved Oct. 13, 2006 from http://www.hrcr.org/docs/frenchdec.html

Content That Ranks Proven Methods From 11,000+ SERPs [Podcast]

Content That Ranks Proven Methods From 11,000+ SERPs [Podcast] How much attention do you pay to keywords in your content? For too many people, the answer is â€Å"none† or â€Å"nearly none.† While having engaging content that attracts human readers is vital, ignoring keywords is going to make it difficult for those human readers to find your content in the first place. This bad advice to ignore keywords has made it so some marketers really don’t know how to use keywords effectively at all. How Julia got into freelance writing, what made her start Express Writers, and what she does there. An overview of the content strategy at Express Writers. How Julia helps older content maintain a high ranking in the search engines. Why targeting low-competition keywords works. How Julia finds the keywords and what tools she uses. How Julie defines good content for Express Writers. Tips on weaving keywords into great content. Why long-form content is important when it comes to ranking. Where to focus first if you’re a content marketer just getting started with using keywords. Links: Express Writers Julie McCoy Rand Fishkin: How to Create 10x Content SEMRush Mangools Julia’s Content Strategy Course Send us a screenshot of your review! If you liked today’s show, please subscribe on iTunes to The Actionable Content Marketing Podcast! The podcast is also available on SoundCloud,  Stitcher, and Google Play. Quotes by Julia: â€Å"Just having engaging writing is number one.   You have to write to be read. Number two, you have to be super thorough on the topic.† â€Å"Once we have that keyword, it’s not just about the keyword, it’s about creating content where that keyword is the topic. â€Å"Consistency is key. Whenever you start, give your audience something to look forward to.†

Auditing research paper for the Maybe It Was, But We Weren't case

Auditing for the Maybe It Was, But We Weren't case - Research Paper Example Relating to this case, the determination of the reports issued by Friday as appropriate or otherwise, has been taken into concern as a primary objective of this paper. Moreover, the significant terms associated with auditing like ‘scope limitation’, ‘limited engagement and ‘piecemeal opinion’ have also been considered and related to the case in the discussion of this paper. Most significantly, how Friday should submit the auditor’s report to the Board of Directors as on its performance for the Year 3 and Year 2 from a comparative perspective has also been considered in the discussion of this paper. INTRODUCTION The perception of audit or auditing is principally described as a procedure of verifying and examining the accounting as well as financial records of a particular company. It has often been argued that the organizations belonging to this modern day context normally conducts auditing for the purpose of adding credibility to their respectiv e financial statements resulting in analyzing along with recognizing the chief financial areas that are required to be enhanced. It has also been apparently observed in this regard that the modern organizations often attempt to prioritize auditing due to rising complexities particularly in the overall business or operational procedures and the decision-making systems (Gupta 1-2). In specific terms, the aim of this report is to analyze the approaches adopted and executed by the Certified Public Accountants (CPAs) appointed within Friday & Co (Friday) who are again bestowed with the sole responsibility of auditing the financial statements of Johnson Company. It has been viewed in this similar concern that the CPAs have audited the financial records or the statements of Johnson Company and duly expressed a sort of incompetent opinion on the balance sheet only, deciphering a degree of negligence when considering other forms of financial statements. In this regard, a balance sheet depict s a financial statement which recapitulates liabilities, shareholder’s equity and assets among others with respect to a particular company. It is often regarded as a condensed financial record or a statement that portrays the monetary position of a business entity on a specific date. The other forms of financial statements might generally embrace an income statement along with a cash-flow statement, statement concerning retained earnings as well as profit and loss statement among others (Nelson 193-194). According to the case, it has been apparently observed that the CPAs of Friday had expressed an unqualified opinion on the balance sheet of Johnson Company as on December 31, Year 2. Specially mentioning, Friday did not note the inclusion of the physical inventory as of December 31, Year 1, on the grounds that the transaction took place prior to the appointment of auditors. However, the report indicates certain critical issues or aspects related with auditing concerns. For in stance, the first aspect was mainly concerned on the reason owing to which the opinion was issued only on the balance sheet as on Year 2. The second aspect that has been recognized in this context had been concerned about judging whether the issuance of an unqualified opinion by the CPAs of Friday, only for year 2 was appropriate. If otherwise, what are the suitable ways of disclosing or reporting the case? Finally, the other critical issue that has been viewed to appear in this case scenario was concerned with the fact that is it

Quality in health care administration Essay Example | Topics and Well Written Essays - 2500 words

Quality in health care administration - Essay Example effective care management strategies (Upshaw, Kaluzny & McLaughlin, P192) The Process Component involves a critical assessment of the factors required for the delivery of effective patient care that is individualized to meet the needs of each patient, and the effective management of resources and professional associations required to address patient needs. Primary Outcomes addresses issues such as quality care from the perspective of patient and health professional. Strategic Outcomes involves a broader perspective of outcome in relation to health organizations and healthcare consumers. The Professional Model has a more restricted focus than the Transformational Model as it concentrates on the professional health care delivery system from the vantage point of the caregiver (Upshaw, Kaluzny & McLaughlin, P193). The focus is more traditional, based on the autonomous decision-making role of the individual caregiver. The Transformational model is collaborative and reflects the increasing organizational complexity of the healthcare delivery system. This model incorporates many aspects of professional development that are critical to successful health care delivery, and many aspects of the Professional Model are included in the Professional Practice Component of the Transformation Model. The major areas of focus in this area of the Transformational Model overlap the Professional Model, including Professional Growth, Transformational Leadership, Collaborative Practice and care Delivery. The Professional Practice Component is the most important area of the Transformational Model, and is more dynamic and expansive in its professional goals and overall global perspective on health care delivery than the Professional Model. The Transformational Model contains many elements that are central to CQI. Continuous Quality Improvement is an important management concept that has been applied to the delivery of health care services to achieve the most effective practices from

Role Of An Effective Workplace Mentor Nursing Essay

Role Of An Effective Workplace Mentor Nursing Essay The role of an effective workplace mentor is to help the mentee achieve a particular work specific goal or goals; this can be to hit a particular set target, to become competent in performing a particular task essential to their role; or something as general as improving confidence in the work environment. It is the responsibility of the workplace mentor to give help and support in a non-threatening manor; provide a positive environment that the mentee feels comfortable in and can feel encouraged to discuss their needs and circumstances openly; and to ensure confidentiality and honesty is upheld in accordance with mentoring guidelines. The role of a workplace mentor is a significant one and not all people in the workplace will be suited to. An effective workplace mentor will need to have excellent communication skills, both speaking and listening and be able to commit the necessary time to each mentee. In addition they need to remain objective, have a calm and patient demeanour, and bring a positive attitude to each session. It is important that the workplace mentor has the confidence to lead mentoring sessions and give appropriate advice and guidance tailored to the needs of the mentee. In my role as a Support worker on the Steps to Work program I act as a workplace mentor for my clients who I place in work placements with local employers for 8 or 26 weeks. I work with a wide range of clients from those who need a minimum level of guidance to those who require on-going support throughout placement. I mentor clients initially on how to perform in their placement interview, then how to perform in their particular job role and throughout on the best methods of job searching. Some clients will have lower level needs and may need mentored on getting to work on time and how to effectively communicate in the workplace. Describe developmental goals that can be met through mentoring There are a wide range of development goals that can be met through mentoring and these very much depends on the individual mentees and what they require from the sessions and what areas they need mentored on. For example one of my clients, Stephen has a learning difficulty and as a result finds job searching and applying for jobs difficult. The development goals for Stephen are to become competent at reading job advertisements in order to decide if he meets the criteria and to fill out application forms to a higher standard than he can currently. Another one of my mentees, Leah, has confidence issues and can be shy and awkward in social situations with people she does not know very well. Leahs development goal would be to gradually increase her confidence meeting new people and becoming more comfortable in her placement dealing with customers and handling queries. As part of this mentoring course I am also mentoring one of my colleagues Carla and trying to help her with some issues she has identified for development. Carla finds it hard dealing with difficult clients and clients that are a lot older than her; the development goal in this situation would be for Carla to become more confident dealing with these client groups and develop a some action points to implement. Describe the role of the mentee (person being mentored) The role of the mentee is integral to the mentoring process as without the need of mentees there would be no need for mentors. I see the role of the mentee as being two sided; one aspect is that they need mentored in by a suitable person in order to progress their development with a certain role or task. The other side of the role is that the mentee needs to be committed to the mentoring process, educate the mentor as to what exactly they need mentored on and help the mentor to understand what learning style is best to utilise. If the mentoring process is to be a success the mentee needs be open with the mentor during sessions and be willing to put into practice the advice given by the mentor; the mentee needs to be committed to achieving a positive outcome and be honest with the mentor throughout the process. Key concepts, principles and practices of mentoring Describe the similarities and differences between coaching and mentoring Coaching and mentoring are development techniques based on the use of one-to-one discussions to improve an individuals skills, knowledge or work performance. It is possible to draw differences between coaching and mentoring however in practice the two terms are often used together. The concept of Coaching is to target high performance and improvement at work and usually focuses on specific skills and goals of the individual(s) being coached, although it can potentially also have a positive effect on an individuals personal attributes such as social interaction, communication skills, motivation or confidence. The process of coaching generally lasts for a relatively short period. Although there is a lack of agreement among coaching professionals about precise definitions, the following are some generally agreed by the CIPD characteristics of coaching in organisations: It is essentially a non-directive form of development, though this is not a hard and fast rule. It focuses on improving performance and developing individuals skills. Personal issues may be discussed but the emphasis is on performance at work. Coaching activities have both organisational and individual goals. It provides people with feedback on both their strengths and their weaknesses. It is a skilled activity, which should be delivered by people who are trained to do so. http://www.cipd.co.uk Mentoring involves the use of similar models and skills of questioning, listening, clarifying and reframing associated with coaching. Traditionally, however, mentoring in the workplace has described a relationship in which a more experienced senior colleague uses their greater knowledge and understanding to support the development of a less experienced or junior colleague. In contrast to coaching arrangements, mentoring relationships tend to be longer term; mentoring relationships work best when they move beyond the directive approach of a senior colleague telling it how it is, to one where both learn from each other (CIPD). A truly effective mentoring relationship or environment between mentor and mentee should provide a learning opportunity for both parties. Mentoring Coaching Ongoing relationship that can last for a long period of time Relationship generally has a set duration More informal and meetings can take place as and when the mentee needs some advice, guidance and support Generally more structured in nature and meetings are scheduled on a regular basis More long term and takes a broader view of the person Short term (sometimes time-bounded) and focused on specific development areas/issues Mentor is usually more experienced and qualified than the client. Often a senior person in the organization who can pass on knowledge, experience and open doors to otherwise out-of-reach opportunities Coaching is generally not performed on the basis that the coach needs to have direct experience of their clients formal occupational role, unless the coaching is specific and skills-focused Focus is on career and personal development Focus is generally on development/issues at work Agenda is set by the client, with the mentor providing support and guidance to prepare them for future roles The agenda is focused on achieving specific, immediate goals Mentoring revolves more around developing the mentee professionally Coaching revolves more around specific development areas/issues  ©http://www.mcgraw-hill.co.uk/openup/chapters/9780335221769.pdf Explain the key concepts, principles and practices of mentoring In my opinion the key concept of mentoring is to help the mentee to the best of my ability to enable them to get the best out of themselves. The key principles and practices of mentoring is to build an effective working relationship between the mentor and the mentee, to set and review smart goals, and to encourage the mentee to take ownership of the process. It is essential that the mentoring relationship is built on openness and honesty and both parties demonstrate commitment and a positive attitude throughout. The mentor should be capable of structuring the sessions towards helping the mentee achieve their goals through recognised questioning techniques and utilising mentoring models such as the Grow Model or Radar. One practice that will prove essential to the mentoring process is the establishment of a contract from the offset to which both parties have to adhere to and can be used as point of reference if things go array during a session. Own ability to use a variety of communication strategies to mentor individuals at work Assess your own ability to use a variety of interpersonal communication skills and your ability to give effective feedback to mentees on their development My role as a Support Worker on STW and the experience I have acquired from previous job roles has provided me with the opportunity to develop excellent interpersonal communication skills and enabled me to be confident and comfortable giving feedback to clients on a variety of issues. On a daily basis I communicate with clients, employers, colleagues and local govt. agencies such as the Job centre and SSA. In addition I have to review my clients monthly and deliver effective feedback on their performance in placement and after placement interviews. I feel that these skills are very transferable to the mentoring process and as a result I have felt very comfortable holding my mentoring sessions and delivering effective feedback to my mentees in order to help them achieve their goals. Identify areas for personal development I feel that through undertaking this mentoring course I have had the opportunity to evaluate myself and reflect upon my abilities not just as a mentor but also in my job role as a Support Worker on the Steps to Work program. SWOT Analysis Strengths: I feel that the areas I identified as strengths were my confidence in terms of delivering mentoring sessions, my communication skills and my ability to build a rapport with the mentees. In addition I feel that I was able to adapt well within sessions in terms of responding to the needs of the mentee as opposed to having a strict structure and following it through regardless. Weaknesses: One area I have earmarked for development is to ensure I am able to commit sufficient time to conduct mentoring session thoroughly; at times I felt as if I was squeezing the sessions into my working week as opposed to them having equal priority with my other work. One possible solution would be to ensure I plan my time more effectively and leave myself more time to prepare for and reflect after mentoring sessions. Opportunities: Having undertaken the mentoring qualification and officially conducted mentoring sessions, I see this as an opportunity to develop my own skills not just as a mentor but as a Support Worker. This experience should help me to build better working relationships with clients and colleagues and to be more insightful to the needs of others and how they may view different situations in relation to I view them. Threats: The external threats I faced when trying to deliver quality mentoring sessions were the demands of my job in terms of having the time to schedule and carry out mentoring sessions. In addition I also had to consider the impact on the mentees placement, each client has designated working hours and I needed to schedule sessions around the placement or liaise with the placement provider to get the mentee released for the session.

Stragegic Plan

A Strategic Plan And It’s Impact on the Rise and Downfall Of Netflix, Inc. [pic] MBA 517 Fall 2012 (Strategic Planning and Policy Analysis) 14th Dec, 2012 TABLE OF CONTENTS †¢ Executive Summary †¢ Strategic Vision †¢ Business Objectives †¢ Environmental Analysis †¢ Industry & Competitive Analysis †¢ SWOT Analysis †¢ Business Strategy †¢ Implementation Plan †¢ Monitoring Adjustment- A Dynamic Process Executive Summary Netflix, Inc. , the world’s largest and leading online DVD rental company; was founded by Reed Hastings and Marc Randolph in the year 1999 and operated from Los Gatos, California.In the very initial days Netflix started its business through online DVD rental using web media which is called as www. netflix. com through internet. The business was operated by delivering DVDs through postal mail and then charged the customers and this was called as Pay per DVD rental services. Gradually with this the company revenues increased and in a span of two years Netflix gone for an expansion and the Pay per DVD revenue model was replaced with a â€Å"fixed  monthly fee system†, the monthly fee was about $ 15. 95 per month.This was a major breakthrough for Netflix which has allowed all its customers wherein they can rent up to 4  DVDs per month without any due dates or late fees. After initializing the fixed monthly fee system, later in the year 2000, Netflix has launched one more strategy which was like customers can have up to four DVDs with in their possession one time for a fee of $19. 95 per month. Netflix's decided to split the business into two separate companies, one for the streaming and one for the â€Å"legacy† DVD business which is called as Qwikster.And then Netflix started charging the subscribers two separate bills every month which made Netflix to face the unexpected downfall. Netflix’s website for the subscribers www. netflix. com , which helped in prioritizing t he category and the choice of movies based on the customer’s preferences. By doing so, Netflix tracks the wish lists or queues of movies listed so that subscribers can browse movies of similar category and choose to watch. Then Netflix used to ship movies which are on the top of the wish list or queues of  subscribers through mail.Netflix has designed their website as per the requirements in which way it has all the ability and the facility of tracking the subscribers with individualized ratings based on all movies that customers had previously rated after viewing them. Netflix as a company enjoyed  tremendous success with all these success formulae, so it has decided to submit for an initial public offering. And later there was a huge drop in the stock market prices which dropped and due o the downfall in the stock the company position became little difficult for a company’s IPO to succeed with  uncertainty in the financial markets. In July 2000, Reed Hastings, CEO of Netflix, needed to decide whether the company should proceed with  the IPO or withdraw. During the current scenarios, Investment banks predicted that the IPO  of  Netflix would succeed only if it’s  showing positive cash flows within a twelve-month horizon. In 2005, Netflix has grown to a position where the company has 35,000 different film titles available and also shipped one million DVDs out on daily basis.Netflix developed and maintained an extensive personalized video-recommendation system based on ratings and reviews by its customers. In 2006, Netflix offered a  $ 100,000  to the first developer of a video-recommendation program that could beat its existing algorithm. And later in the year  2007, the company delivered its billionth DVD. In 2007, the company began to move away from its original core business model of mailing DVDs and introduced video-on-demand via the Internet. Netflix business has grown but while DVD sales fell from 2006 to 2011.Sep tember 18, 2011, Netflix announced its intentions to rebrand and structure its DVD home media rental service as an independent subsidiary company called  Qwikster, totally separating DVD rentals and streaming. Netflix's decided to split the business into two separate companies, one for the streaming and one for the â€Å"legacy† DVD business which is called as Qwikster. While splitting the business into two, however the businesses are going to run separately and they are going to operate on different websites. Subscribers of both the businesses got two separate billing statements (Probably it might have made sense in the long-term).It poses serious and immediate risks to Netflix's streaming business as the strategy to split the business into two did not took the turn as it was expected, and as the subscribers are the people who are all sitting at home and trying to rent DVDs, watch videos probably aren't thinking much about disruptive technologies and innovators' dilemmas. Subscribers just want to watch a movie as cheaply and as conveniently as possible. There was a loud backslash  that ensued after Netflix split its pricing plan in two is being turned several notches and as subscribers wondered how this latest business plit will affect them. The reason for the CEO to make this strategy is for the long-term betterment and also will be more profitable to have fewer subscribers paying more for month than continuously adding customers that only sign up for the cheapest plans and then withdraw soon. But the decision to raise prices so drastically $15. 98 a month to rent DVDs and for streaming is a 60% jump which caused customers rage and due to this Netflix has lost about 8,000,000 subscribers in one quarter of a year and investors had been buying on the hope that subscriber growth would continue for a long time.When Netflix gone ahead and planned to separate the organization into two as the strategy, the reaction of the subscribers is unpredictable and there was a huge reaction from the subscribers and within a span of six months the company lost most of the customers and the organization has incurred huge loss which made the company cancel the separation plan. To implement the above strategy, the management instead of bouncing back, I would suggest having a backup strategy which will be handling the management and opting for the alternative opportunities.If once we understand that the strategy of separating the business is failed then first thing is we should identify the impact of the decision ,on all parameters like lost market share, customer base, on revenues and profit gained by the competitors etc. and estimate where the organization is positioning . Then I would be going ahead and performing a gap analysis and identifying the current position of the organization and the most possible alternative strategies so that the organization will come back to its previous market.Apparently SWOT analysis also helps in identifying the areas which we need to work up on the organizations strengths and opportunities and ways to overcome the weakness and Threats which can cause hindrances. Reevaluating the proposed strategy is also one of the ways of implementing an effective strategic plan and a quick feedback of the implemented strategy will give any organization to control the impact before everything goes uncontrollable.In this case, Instead of applying the new strategy right away on the existing customers, what I suggest describes strategy to rebrand Netflix by applying the separation plans to new customers and allowing the old customers to enjoy the previous benefits and slowly make them adapt to the new product through proper promotional benefits. If any organization decided to launch a new product the best strategy would be introduce with the existing product so that the customers will be adapted to the new product and the existing customers will adapt to the new product by promoting with existing market.Hen ce the following plan describes a strategy to rebrand Netflix and successfully separate its business into Netflix and Qwikster based on the surveys and feedback collected from both existing and new customers. In-order to achieve this by holding the existing customers and attracting new customers, Netflix has to market the new product (both streaming and DVDs rental) by providing the new customers a free month trial (30 days) and also by giving the new product for the existing customers without any change in the fee. This would actually hold the existing customers and attract the new customers.Based on the response from the feedback and surveys, CEO will decide whether to continue providing the new product or move back to the previous existing product (which was already proved as a successful product). After the free trial (30 days) completes the new customers have a choice to be with either the new product â€Å"Qwikster† or just stay with Netflix. Strategic Vision According to (CEO) Reed Hastings, â€Å"Our vision is to change the way people access and view the movies they love†. Reed Hastings (CEO) strongly believed in delivering the product at an affordable price and conveniently .These are the success factors of Netflix. And also strongly believed that there are no replacements for the movies and the mission of Netflix can be considered as delivering the product in a desired way and make it attractive to the customers. Customer focus and understanding the preferences of the subscribers which helped in customer satisfaction . The goals of the Netflix also played a major role in achieving the desired revenues. Business Objectives Through these objectives Netflix will come out of the chaotic situation .These objectives can be measured through all the functions of the business mostly of financial and the objectives can be achieved and monitored at all the levels in the business. Financial objectives and Strategic objectives: The prime combined ob jective in this scenario would be to get back the lost customer base which was due to change in strategy and to gain them back is the prime objective. The second objective should be to expand the Qwikster business by launching the product and to attain a market share for them. The third objective should be increasing the new subscribers for the Netflix, Inc. o that the growth of the company would be prospering. The fourth objective should be to increase the revenues of the company by controlling the costs . The fifth objective should be to add value for business and pay the dividends to the shareholders. The above stated objectives are measured in monetary terms and other than the financial objectives Netflix should also focus on being a successful launcher for the new product Qwikster and also ensure that the quality is maintained without compromising and deliver the best customer service for its subscribers as it always did .These are the objectives which are more operational in n ature. To add on to the Operational objectives improvising on new technology, by improving the current process and optimum utilization of resources by maintaining employee relations and abiding with statutory rules and running the business on social and ethical behaviors are also considered as the operational objectives which can be key to the success for any organization. The time frame to achieve all the above listed objectives should be on quarterly basis.This could be achieved by doing a trend analysis on a monthly basis and reviewing how it can be achieved over a span of one year. Environmental Analysis The drastic growth of technology is one of the major successes for the Netflix and it is driven on technology based. Though it was started with delivering DVDs through postal services, gradually it started capturing the preferences of the customers by creating a wish list and based on their choices it has gained the customer satisfaction.Then on using the current technology Netf lix has developed streaming videos and later it was heading into developing the apps for usage on mobile devices also. When we discuss about the financial aspect due to the increase in prices there was a downfall in the shares of the company. Immediately after the decision was announced the share prices dropped drastically and there are many cancelations from the subscribers. Netflix faced a major downfall at the time of recession in 2000 and after the price hike strategy in 2011.These two years are the challenging years for the company however Netflix has overcome these with its current strategies. [pic] Industry & Competitive Analysis Netflix major competitors are Hulu and blockbuster and Netflix share is also disturbed other than the major players among you tube and also effected due to piracy. However Netflix success factor has created a brand image for streaming movies and DVD rentals. Netflix also faced competition from Redbox (movie rentals). SWOT Analysis Netflix’s st rengths: Netflix is strong in marketing their business. The main marketing strategy which attracts the customer is one month free trail and which helps the customers to get used to the product and continues with Netflix account. †¢ The other major strength for the Netflix is that they are flexible in delivering the DVDs to home every time subscribes are willing to watch a movie. The Netflix process that customers can create a recommendation based on their interest and those DVDs will be delivered very fast. Netflix is one of the pioneers in using the technology as Netflix streaming method helps the customers to watch instantly and they use the internet as the medium and Netflix is available on all electronic gadgets currently. †¢ Netflix strength is that they are patent protected recommendation service. †¢ Competitive prices are also which made the Netflix on of the niche in rental movie services. Netflix’s weakness: †¢ The fall in the Netflix demand is du e to the price strategy when the company decided to split the business which resulted in the downfall of Netflix. The other weakness is the dependency on the associates which has increased in the costs of Netflix. †¢ The disputes with major partners have resulted in limiting the streaming content. †¢ The rules of the movie content are also available with the competitors due to weak agreement. Netflix’s opportunities: †¢ Netflix is like a brand when it comes to watching movies it is the first to create. Though there are many competitors it was like a brand for watching movies online. †¢ One more opportunity is to focus on the international market as these are pioneers they can capture the world market spread. The other opportunity is as they are big players in this market segment they have the privilege of getting associated with big movie companies for a better price. †¢ Netflix can grab the opportunity using it on the mobile devices. †¢ Netflix can focus on streaming Games also. Netflix’s threats: †¢ The major threats for the Netflix are from the few competitors like hulu and blockbuster. †¢ The threat could be availability of pirated sites online and YouTube could also be a possible threat in near future as there are lots of channels spread throughout uploading movies. There is tremendous growth in technology and this company should be thinking on improving delivery methods. †¢ The threat is on increasing shipping costs which is giving an impact on the profits of the company. Conclusion: To summarize on the SWOT analysis is work on getting back the subscribers and find the ways on overcoming the weakness and threats and utilizing the opportunities and concentrate on building a strong market so that the company can run in a profit mode and can give a tough competition to the competitors. Business StrategyThe objective is achieved through the success of the company, while capturing the customer base by spreading the product with marketing their product at one month free trail offer. Due to this they have captured the new subscribers and also focused on the internet users who will be shopping DVDs or games online. The main objective for last year was to get back the customers and the CEO was successful by writing an apology mail to existing customers and apologizing over media about the decision he made about splitting the business.The CEO’s letter includes â€Å"I want to acknowledge and thank our many members that stuck with us, and to apologize again to those members, both current and former, who felt we treated them thoughtlessly. Both the Qwikster and Netflix teams will work hard to regain your trust. We know it will not be overnight. Actions speak louder than words. But words help people to understand actions†. The apology reached most of the customers and many are back to the Netflix as it is one of the most compatible sources we have today.Implementation Plan Implementation plan is the process where any organization should plan how they are going to achieve the suggested strategy. Netflix main focus should be on holding existing subscribers and also Netflix should attract new subscribers by marketing the new product appropriately. Marketing also plays a crucial role in implementing phase. Netflix should focus more on building a successful organization and the policies of the company should be formed in such a way that the strategies are supporting them.The company should also set best practices so that the various problems like customer complaints or technical issues can be addressed more effectively and immediately. Below is the Gantt chart view of the parameters and time frame. Also we can notice the time line displaying the tasks and the time frame. [pic] [pic] In my opinion if we follow these steps before implementing any product, it can yield best results. These are considered as the best practices for any implementation plan as im plementation is the key for success for any product before it’s launched. Monitoring Adjustment- A Dynamic ProcessThe monitoring plan would be to gain the control of the company so that the shareholders will invest in the company by winning the confidence of both subscribers and stakeholders where in the Netflix will not opt for any merger or opt for any business combination and the monitoring plan for the streaming company would be to target about 30 million customers across the world and be the world’s leading internet subscribing company where in providing movies for an affordable price and adapt to the technology where in the services can be streamed through various mediums like computers, televisions phones etc. Monitoring Elements | |Price Control | |Quality Assurance | |Customer Service and satisfaction | |Profitability | |Financial Elements | | |The monitoring plan for Netflix, according to my opinion should be that the company should concentrate more on main N etflix Company as it’s a parent company and then study the market trends for the streaming company by reaching the subscribers and getting them adapted to the new streaming company. However, for the second company to get adjusted with the market is a long term process. Netflix would have promoted the streaming DVDs with the original company over time and then it should have merged the process with renaming instead of doing it at the initial stage.Below attached is the survey and the result is that subscribers dilemma regarding the product itself and why Qwikster did not reach customers as they are unaware what it does really. [pic] It would have be great success if the name would have rhymed with Netflix so that the subscribers would have thought these two companies are related and as Netflix is most popular for movies and among customers.Here the monitoring of the entire implementation plan are done by taking surveys and one on one feedback from supervisors, managers and ver tical management heads and based on those reviews and suggestions change can be done and also time frame is limited or expanded. Overall with all these steps implemented and thereby Netflix when follows the suggested strategy then can overcome the current situation and also hold the existing customers while acquiring new customers. This will make Netflix, Inc. successfully launch its new product and remain world’s largest and leading online DVD rental company.References Websites: †¢ Netflix, Inc. www. netflix. com †¢ http://ir. netflix. com/downloads †¢ http://en. wikipedia. org/wiki/Netflix †¢ http://www. bizjournals. com/sanjose/news/2011/09/19/complete-text-of-netflix-ceos-apology. html? page=all †¢ www. google. com †¢ http://www. cbsnews. com/8301-505124_162-43452943/turns-out-netflix-blew-the-qwikster-name-pick—-out-of-fear/ †¢ www. yahoo. com Thompson, A. A. , Peteraf, M. A. , Gamble, J. E. & Strickland III, A. J. Crafting and E xecuting Strategy: Concepts and Readings (18th ed. ). New York: McGraw-Hill/Irwin.

Profitability & Morality

Can profitability and morality coexist? Explain the statement In detail The largest companies in the nation have evolved over the years to find more ways to streamline operations, reduce waste, Increase the productivity of their employees, preached corporate ethics to their employees, try to be involved with local communities by giving to the local youth clubs or donations to a regional cancer research center. But Is this to be a good citizen of the community, or Is It a show? There's a view that soaring profits and ethics are mutually exclusive concepts, forever, the two can co-exalts.The world of business Is generally perceived as Jungle where the bottom line takes precedence over all other matters. While it is certainly true that profits are the true measure of success, commercial ruthlessness doesn't necessarily lead to unethical practices, There sometimes arises an Inevitable conflict in the company between their moral obligations and improving the bottom lines. But ultimately c ompanies following the path of ethical value system succeed in long run as sooner or later consumers learn to separate fact from fiction.Hence In situations such as these referring to morality to help decide what needs to be done should take precedence. Nowadays Money and Ethics are seen to be diametrically opposed to each other but it turns out money and ethics do have much in common. Any corporation large or small ultimately lives by Its reputation. Ethics must sit at the top of the mountain for any successful company that wants the trust of the consumers and investors. There are very few second acts once the public perceives the organization flawed by soonest or Inferior quality.As Is very rightly said by Henry Ford – A business that makes nothing but money is a poor kind of business. Ethical decision-making gets especially interesting when organizations must reconcile their core values and show a healthy bottom line which end up in conflict with one another. The company a nd its management might get diversified to malpractices. Enron. World, Astray, Xerox and other scandals shook public confidence in ethical value system of organizations. But it must understood very Leary Relativity applies to physics, not ethics (Albert Einstein) Profits and ethics are in reality part of the same equation.A corporation that wishes to grow and Increase its financial return to its owners must balance ethics and operations. This Is a complex journey especially during tremendous economic pressures. The drive for success in the marketplace and to maximize return of capital can lead a company astray with disastrous results. Successful businesses fail, profitably running businesses suffer from a downfall and some seemingly effective report receive a great fall in their profits and popularity all due to the lack of business ethics.There are companies that have crossed ethical lines in the pursuit of toy 2 pronto, Ana momentarily gal. EAI Tame Ana Torture out want was teen A na result† Many companies strive for and achieve ethical behavior. Looking at names like Data group, Ford India, Rockwell Automation, Informs Technologies, Hindustan Milliner, TIC, ONCE it is inferred that Ethics remain being important in business and strong ethical values takes the business a long way. Ethics are important not only in business but in all aspects of life because it is an essential part of the foundation on which civilized society is build.A business that lacks ethical principles is bound to fail sooner or later. Informs Technologies is among seven international companies chosen to be in the first annual list of â€Å"top brands with a conscience† Informs is the only Indian company to be part of this select group. Brought out by the Mending Group, an international collective of brand experts who meet annually, the sit is based on principles of humanity and ethics rather than financial worth.Companies are evaluated on various parameters ranging from the e vidence of ethical programmer and human implications of the brand to the ability of the brand to take risks in line with its beliefs. Informs Technologies recently won two other awards recognizing its financial performance as well as overall management. The Far Eastern Economic Review rated Informs the best company in India for the sixth consecutive year and Asia Money selected Informs as the best managed company in India.

DonT Let Crooks Steal Your Identity Case Study - 857 Words

Complete Name: Unit 4 Student Name: Jenkins, Shanika ********************************************************************************************************** 1. Case Study: â€Å"Don’t Let Crooks Steal Your Identity: How to Protect Yourself-and Your Credit Rating† (p. 225) ********************************************************************************************************** 2. Provide several methods that crooks use to steal your identity. Student Answer: There are several methods to a crook use to steal your identity. Some crooks are using credit cards and drivers licenses with identities lifted from a stolen or forged passports a crook can be one that is pilfering your credit card number and charging merchandise to your†¦show more content†¦You will notice when checks start bouncing or a collection agency begin calling you. The good thing is the damage isn t so much in dollars,since the financial institution are liable for the unauthorized charges. You wil also notice when you can t get approved for a mortgage or a job, and the countless phone calls and paperwork you ll need to go through to set the records straight. You will also notice when you are applying for credit somewhere and they will not approve you when you know that you have great credit score. There are also unauthorized credit or debit card purchases, getting unexpected credit approvals, unprompted collections letters that you have no idea abou t. Also someone can hack into your email to see if you have any information in it.Also if you have an account that has been flagged warning it means that it is something odd on your account and they will flag it as a warning to let you know. A crook can also even get into your mailbox and get your mail, when you are expecting something and you know that it should have been here by now. You may even have someone to use your medical information, because they don t have any to take care of there own problems. Your identity can even be stolen when someone has committed a crime and use your name and get a surprising arrest warrant for no reason. There are so many ways for crooks ro come up with things. Correct Answer: n/a