Strategic Management Essay Example | Topics and Well Written Essays - 2000 words

Strategic worry - Essay Example1-13). The different strategies are analyzed and their sustainability evaluated. Also, recommendations and justification are given for other germane(predicate) strategies. Discussion The Samsung Electronics has been involved in accumulation of know conductge over the last few decades. However, the caller-up is face up tough competition from other companies. The increase in the afield production has impacted on the strategical response in Korea. The production network in Samsung extends beyond the ASEAN region through to China and India. ration out of the overseas production to the total production has in the recent years change magnitude sharply. The competition is severe towards the cost-driven struggle for the low-end markets (Leachman & Jeenyoung 2002, p. 61-77). The three major electronics producers in Korea Samsung, Daewoo and Goldstar, conduct expressed their intention in increasing the overseas production. By early 1990s, the Samsung Ele ctronics performed an organization integration meant to increase the coordination between the marketing, production and research across and deep down the product lines. By 1992, the multiple product domains were fully under the control of Kim Kwang Ho, who was the CEO and the head of the semiconductor unit operation. The company started initiating more radical reforms by mid 1993 who improved the dissemination of knowledge within the group. The semi-conductor sector enhanced the technological synergy in other related businesses. For instance, the production of the DRAM technology led to the precision of the Samsung electronics leading to significant improvement in technology. The product design capability is an important system by Samsung to enhance the internationalization of production where the low-value-added goods were produced while new products prohibited hollowing out of production in Korea. The increased changes of the competition conditions increased the difficulties i n foreign licensing and the designs turned out to be very complex. Samsung began acquiring well-nigh new capabilities through direct acquisition of foreign firms. The R&D operations in Samsung have been continually centralized Samsung Electronics had strategized on the release of new devices to expand the line-up based on the conditions in the market. This was to prevent overreliance on the android Platform from Google. This sought for the reduction of dependency on Android (Bong & Jinjoo 2004, p. 16). The company produces TFT monitors with the corporeal customers being in mind. This dodging necessitates an approach where the company identifies potential markets among the business users whose employees have a racy likelihood of spending long hours on a computer screen. The company also targets other markets such as the high street shops that use TFTs for the point of sale terminals. The company uses the radical market strategy to encourage high purchases of their products. The head office in Korea has played a crucial role in introducing strong brand awareness as well as instilling good product perceptions. Assessing the sustainability of this strategy, the company has been able to realize high profiles as well as creating high profile for their brand (Chung & Karen 2009, p. 20-27). Samsung Electronics is comparatively new in mobile communications. Having established in CDMA markets in Korea and USA, Samsung has decided to incorporate global

Lamborghini Case Study Example | Topics and Well Written Essays - 2500 words

Lamborghini - Case Study ExampleHere the word finite list is emphasized because the trade of the manager is not to make an exhaustive list of all the factors that may affect the organization. But cogitate should be on key environmental variables that could influence business1.As mentioned above, understanding of the internal and out-of-door environment of the business is very crucial for the basic function of planning to take place in an organization. An awareness of ones self and the surrounding environment is the first step in the long journey of pick and success for an organization. After the abstract of the environment, both internal and external, planning is the next activity which involves the future of the entity. The analysis of the present and to be prepared for the future is the essence of planning. Hence, understanding the environment and the relevance on its belligerent business strategy is vital for the organization to grow and to create value for the stakeholders .Next, to tackle all the challenges for a company, a genuine business strategy should be supported by the commitment for implementation and good control mechanism. In creating the strategy and the performance climate the business manager uses facts, reasonable premises it has to take advantage of the opportunities to steer ahead of the competition. ... The founder of the company Mr. Ferruccio Lamborghini first started with a tractor assembling unit subsequently the World war II from the army vehicles left behind by the Allied Forces. The popular account statement tells that Lamborghini wanted to create a car that is in no way inferior to the Ferrari and much fail than the Ferrari. But company sources say this story may not be the real reason however Mr. Lamborghini felt that there was a great opportunity in the market for well finished prodigality cars. After the success of the tractor business, he wanted to enter into the luxury cars segment, because there was still gap in th e market left by the Ferrari. Hence, he formed a team of engineers and authentic his own V12 engines and developed his own brand. This again became very popular and profitable. But in the 1970s the company became bankrupt and the proprietor ship changed into than hands to Mimran brothers. After more than two decades of a series of changes in the ownership, the company presently belongs to the Audi group which again is a subsidiary of the automobile giant Volkswagen group. The vast technical resources of the Audi group collapse been very beneficial to the Lamborghini group to develop successful models such as the modern Spyder. With the rich usage and reputation for building high quality and sophisticated cars, the Automobili Lamborghini continues to be a huge hit in the market. In this backgorund, the following essay attempts to understand the relevance of the mission, vision and the corporate strategy of one of the worlds historied brand of cars the Lamborghini. By understandin g the background materials for the preparation of this essay, it has become possible to understand the interdependency

Case Study Example | Topics and Well Written Essays - 500 words - 17

Case Study ExampleAfter a period of two weeks, Carnack sell the house and lot to Balkan at a cost of $105,000. Willard wanted Carnack to refund him the deposit that he make to him, but Carnack said that Willard breached the contract, and the deposit was entitled to him as required by the contract. gibe to the law, in an point that the contract is breached, regardless(prenominal) of the form that it takes, the innocent party is eer entitled to take a gradation for the damages. In the fiber study, the innocent party is Carnack, and by law he is within his legal right(a) to terminate the contract that he made with Willard and retain the deposit as liquidated damages as say by Koffman & McDonald (2007).The contract that Willard and Carnack entered had a provision for liquidated damages clause in it. That provision made it intelligibly that should Willard breach the accord that he signed with Carnack, then the 10% deposit would be considered as liquidated damages. According to Bur ling (2011) that clause, therefore, made it clear that Carnack was entitled to the deposit after Willard breached the contract. Generally in most cases, the court always maintains that the clause with the liquidated damages has to be adhered to. The clause has to be respected even if it implies that the affected individual gets less than his or her real damages resulting from the breach. Therefore, Carnack is right in taking the 10% deposit made to him by Willard as part of the down payment since Willard breached the contract.According to Wilmott et al. (2009), it can be argued that Carnack terminated the contract that he had with Willard based on the following principles of the law. First Willard committed an anticipatory breach. Anticipatory breach is a billet where the buyer states in the form of writing that s/he will not honor the agreement or will do it on terms that were not initially agreed upon. In the case of

Economic Essay Example | Topics and Well Written Essays - 1500 words - 3

Economic - Essay ExampleThe solid boost in quantities interchange jointly with an upsurge in press ore prices forced sales values to a new track record of $11.3 billion which is up by 83% as against the past years level. Pricing in the Iron ore market For the past 40 years, the prices of iron ore have been determined in private discussions among the flyspeck fistful of mineworkers and steelworkers which reign both spot and contract markets. By tradition, the first contract attained amongst these devil groups places a yardstick to be adopted by the remainder of the industry.2 This yardstick scheme of pricing iron ore has on the other hand in current years started to collapse, with contributors along both demand and impart chains bidding for a change to short time pricing. Since most of the other commodities were already undermentioned a matured market based pricing system, it is likely for iron ore to go behind. Even though exchange-authorized iron ore exchange contracts have grew during the past few years, so far no switch all over has instituted a good futures market for the mostly seaborne $88 billion a year iron ore trade (Financial Times, 2009). The need for change in the country The need for change in the country pass on be due to the following factors i Economic growth in the long-run for westbound Australias economic growth will carry on to be well-built for the next 20-30 years. ii The demand for trade union movement under such circumstances will persist to develop more quickly than the ability of the earth to supply. This demand will have to be met by the government from the states natural population or from the establish migration plans. iii It is estimated that a whopping additional 224,000 workers will be needed by 2016 in Western Australia. iv This will result in demand for training people, housing requirements will be more, and there will be the need for drastic growth in infrastructure as well. The demand for performance with refe rence to Isoquant and Iso greet curve theory The principle of substitution discloses a basic theory of neoclassical perspective theory. Without a doubt, it may be debated that in a neoclassic site, the position of factories is a practice in changeover as trade-offs are made amongst the different location elements. Thus procurance and allocation costs are interchanged for one another for instance if a site is contiguous the market then its procurement costs substitute for distribution costs. At the same time if a factory is situated near the sources of raw material substitutes, distribution costs for procurement costs. If a cheap labour location has to be considered then the factory needs to compare the impact of lesser labour costs for high expatriation costs or vice versa that is lower transportation costs for higher labour costs. The theory is that in reality firms are boosted to scatter production to low wage areas to make precisely this form of refilling as productions grow . As the production matures, neither the low wage region or the least transport cost will provide a solution (Hayter, 2004). Figure showing all possible combinations of optimal excitant for a given output Source Hayter, 2004 The above graph illustrates the production theory. In this specific theoretic position, an isoquant

Chinas Outward FDI in Latin America Research Paper

Chinas outward FDI in Latin America - Research Paper ExampleIt also covers the history, characteristics, and statistical data of the onslaught and inward flow of Chinas FDI in the tax havens. FDI theories were used to identify the type of OFDI in CBVI, and the best-applied theory seems to be the value added round-tripping. The study also examines Chinas legislation of 2008, which says that the Chinese companies constituted in the CBVI will be considered for tax purposes and will be charged 25% of their total global income this might affect the future OFDI flows. The unusual quality of Chinas FDI is also discussed as it fails to drop even at the time of recession and will continue to grow stronger with time. The paper is concluded with the writers observation.In 2010, China started increasing its investment in foreign countries, particularly in Europe where the increase was preserve to be as high as 102 %, and in the United States, it was approximately 74%. Almost 15% of Chinese companies have chosen Europe for investment rather than choosing the emerging developing economies from Asia(Godement 1-3).The most fire and worrying fact of Chinese foreign investment is that the first choice among many of the foreign destinations happens to be the British Virgin Islands and the Cayman Islands these two are known as the tax haven of Latin America (Lina 1-5).Chinas investment in Cayman islands is nearly 14 % while 6% goes to the British Virgin Islands out of its total OFDI (China Daily, 2009). The Chinese FDI outflow to the British Virgin Islands and the Cayman Islands substantial, that it prompts a inquiry of why their offshore regions are the most popular destination for Chinas OFDI.

Restoring Organizational Trust at Bayenne Medical Center Thesis

Restoring Organizational Trust at Bayenne Medical Center - Thesis ExampleAs Shockley-Zalabak (2005) has asserted, the decline in organizational trust toilet be significantly influenced by changes in working conditions, the increasing need for fairness and integrity in the working place, problematic relations and partnerships, replacement of traditional activities, processes, and control mechanisms, as well as changes in the process of decision making. Consequently, these occurrences call for the need to establish an organizational culture that is not necessarily establish on power and control, but rather on trust. Through organizational trust, a strong and filmy communication is established in organizations.HPAE members in the Bayenne Medical Center have experienced several issues concerning their infirmarys bankruptcy and its new owners. For instance, the employment of 35 staff members was terminated, attributing the layoff to their performance however, the hospital had never bee n fitted to support this occurrence through documents or legal claims (HPAE, 2010). Furthermore, although the terminated employees were provided with unemployment benefits, the BMC along with the Department of Labor and men Development forced several of these members, who were to return to their position, to re-pay the unemployment benefits. This example of injustice within the workplace has led hospital staff members to become extremely concerned over its effects on their professional development and the quality of health care that they can provide to patients.

Cross-Cultural Perspectives Essay Example | Topics and Well Written Essays - 750 words

Cross-Cultural Perspectives - Essay ExampleAs a issuance, there are some(prenominal) transnational corporations operating in over a dozen countries. The problem is that the companies are often al peerless familiar with the product line laws from their host countries and often overlook the laws for the host countries in which they go to operate in. It is not hard to presume that how business is conducted in one country is bound to be different from how business is conducted in another country (Palmer, 2010). Conflicts in ethics often arise as a result of business corporations operating in new countries because the norms and culture of running business often differ from one country to another inevitably raises a lot of ethical issues.In this essay, I will handle a global physical composition and cultural issue that affects this organizations interaction outside the United States. In addition, I will discuss the ethical and social responsibility issues that this organization has t o deal with as a outcome of being a global organization by identifying various ethical perspectives in the global organization as well as analyzing these ethical perspectives across societies associated with this global organization.Nike Corporation developed from a topical anaesthetic United States-based footwear seller to a global marketing giant of athletic footwear, apparel, and equipment. Nike is one of the largest multinational corporations dealing with sportswear with production companies in Japan and Indonesia due to the cheap labour. Nike began globalization by ambit up its companies in countries such as Malaysia, Indonesia, Cambodia and Vietnam. This provided jobs for many in these countries, and at the start, it was more than enough. The dividends were great until they started receiving constant quantity criticism in the media since 1991 over child labour and inhumane working conditions (Palmer, 2010). The company has been facing major(ip) ethical issues concerning th e

Liberalists View of International Relations Term Paper

Liberalists View of International traffic - Term Paper ExampleFormal explanation and learning of transnational relations (IR) started in the twentieth century. According to James Roservat (2007), The idealistic view of human nature and the possibility of human progress propounded by liberalism are rooted in the writings of such Enlightenment philosophers as Immanuel Kant, John Locke, and Jean-Jacques Rousseau.These were the founders of democracy in America. There are many theories about international relations. James Roservat further states that The Liberal emplacement was dominant allele in many intellectual circles in the aftermath of World War I. However, many changes occurred oddly at the end of the cold war due to new hypothetical discoveries and the materialization of new challenges. These challenges include the formation of politically aligned multi-states, strong nongovernmental organizations influencing decision making in foreign policy, the materialization of internatio nal terrorism, the emergence of global markets as well as the possibility of individuals to control global behavior. In the liberalism perspective on international relations, the state is seen as an entity of analysis which encompasses international laws, nongovernmental and international organizations which are considered to be essential elements in global politics. Gilpin Robert (2001) states that the liberalist theory is a political theory founded on the natural goodness of human being and the autonomy of the individual. The theory favors public and opinionated autonomy, administrative by law with the approval of the people, and stronghold from illogical power. Gilpin Robert further argues that in international relations, liberalism covers a broad perspective ranging from Wilsonian Idealism with to contemporary neo-liberal theories and the democratic peace thesis.

Research Foundational Theorists Paper Example | Topics and Well Written Essays - 750 words

Foundational Theorists - Research publisher ExampleHe is the main foundational theorist without questioneven if some of his ideas today seem some controversial and difficult to agree with. The great Austrian psychologist Sigmund Freund was very influential. He came from the psychoanalytical school (which he founded). He worked hard to deconstruct what up until that point had been considered the unitary personality or identity of individuals. Freuds emphasis on subjectivity, the unconscious, and perspective powerfully effected artists and writers of the period. Theorists in the psychoanalytic school frequently believed that citizenry had a fractured identity, creating a multiplicity of perspectives and views on the world, none of which was especially better than the other. In a management this is a legacy of Freuds ideas about subjectivity.A somewhat contrary psychological school is Behaviouralism and its foot theorist was B.F. Skinner. This idea holds that psychologists who talk too much about philosophical issues lose sight of what lore can prove. Skinner wanted to focus on observable data rather than peoples secret thoughts about things. These theorists that people acted in certain ways because they were conditioned to do so and had little free will than believed. A good example of a behaviourist experiment involves Pavlovs dogsthese were dogs that were teach to salivate at the sound of a ringing bell.A third important school of psychological science is Humanism. These theorists, led by Abraham Maslow, didnt like what they saw in the literary, over philosophical aspect of analysis or in the rigid scientific way of doing things in behavioualism. They wanted to take a to a greater extent common sense approach and look at what things were important to people. They showed that there were many different involve people had, and that if these needs were met, then people would be happy.A fourth school of psychology that could be said to precede all of the th eories above

(Bank) Case study Example | Topics and Well Written Essays - 500 words

(Bank) - Case Study ExampleFor instance, the cuss can have tellers accessible 24/7 to answer banking questions, or to aid in banking process. By operating at the reckon of the curve in these situations, the industry can be perceived to have the most successful node service, as other banking operations struggle to catch up to their innovations. Similarly, change magnitude options for online banking can be introduced, such as tracking investments or other aspects that were previously the entity of in-house banking alone.Another prominent concern is interest values. As noted earlier, it is recommended that that Westpac decrease their interest rates a substantial amount. This way Westpac can still return and prepare for future problems whilst still providing Australians with the possibility to successfully loan money. While in-large part its make headway that this is a question of prudent investment, another major concern must be the banks interest rate relative to its competit ion. The major area of concern, in these regards, is that while customers have experienced increased hardship as a direct result of the economic recession, all banks remain under the selfsame(prenominal) financial constraints. While banks face these constraints, this particular bank in question has differentiated itself on charging higher(prenominal) interest rates. As a means of increasing customer loyalty, the bank was base their interest rate not on internal profit concerns, but as a relative function of food market competition.The final area of concern is in terms of advanced uses of technology. As considered in terms of customer service concerns, its clear that advanced uses of technology are essential for the continued success of the banking industry. In terms of technological change, the bank must implement this on a need based structure. The bank would determine strategic initiatives not based on simply incorporating new modes of technology, but determined

Advisor critique including executive summary Essay

Advisor critique including executive summary - Essay ExampleThe business idea of place an urban salon in the Park Street is a good idea to complement the new(prenominal) high-end establishments in the district. Also, the surrounding business environment in the Bristol area offers a lot of opportunities to the market.Looking at the market study of The Funk, however, the company proves to lack an in-depth study of the market from which it will determine its sales look forward to, and resultant profitability and sustainability of its business operations. Due to this, the company cannot set a clear objective for the business, then ca-ca a viable marketing strategy in order to make the business profitable and sustainable. in that location are also some items in the profit and loss statement that warrant much test such as drawings. The purchases whitethorn also be overestimated or underestimated because it is based on a forecast that is not backed by data to justify it.Although all i n all, the profitability of The Funk cannot be truly assessed due to inadequacy of information, the weaknesses in the companys business model proves to have significant impact on the companys future sustainability of operations. These weaknesses can be relative disadvantages to the company which could undermine its profitability in the future.The personal formulation industry is one of the thriving industries for the current as medias influence in culture, as it puts heavy fierceness on personal appearance. The idea behind The Funk which is a trendy salon situated in the Park Street is a good one, to complement the other high-end establishments in the district.The idea also aims to issue to the younger consumers in the Park Street. The urban theme to reinforce the desired image of the brand, as swell as being consistent with the other neighboring establishments is a good business idea.Using the gadfly analysis, we try to look at the environment of The Funk as we try to identify the various forces that may directly and indirectly impact it. After we have identified the

Steve jobs and his leadership Essay Example | Topics and Well Written Essays - 500 words

Steve jobs and his leadership - Essay ExampleBeing an undergraduate and a college drop-out, he has managed to act upon out the best in him and has made it to the top. His continuity, dedication and thirst for knowledge, just to name a few, atomic number 18 the mavins that brought him to where he is now. Being a leader in innovation, his hunger for new ideas and turning them into reality is one of the so many reasons he has made a great legacy to leave to us. Not that I fathert like to finish my schooling and follow his footsteps, I admire his dedication and persistence that would eventually lead me to some place that would give me an attractive view as I aroma back. Knowing that my heart and instincts will eventually lead me to a moment when I will be able to connect all the dots and see that I have gone through a wondrous life, as Jobs said in his 2009 speech to the graduates of Stanford. http//www.ted.com/talks/steve_jobs_how_to_live_before_you_die.html Name 3 I may be sure n ow of what I would like to be in the future, but in case things dont turn out as expected, just like with his exit with Apple 26 old age ago, I would like to have his never-ending will to go through all unseen vault in life and succeed. One of my values in life is Id like to perform the catalyst of change I wish to see.

CJUS 340 DB2 Essay Example | Topics and Well Written Essays - 250 words

CJUS 340 DB2 - Essay Example in that location are many types of antisocial personalities that have adverse impact on the masses just deterrence has emerged as major personality disorders that cuts across age, gender and class. Bullying amongst students significantly harms not only the perpetrators but also has long term ramifications for victims. Vaughan (2010) believes that childhood bullying results in adult anti-social behavior. Bullying is subtle power to maintain physical superiority and therefore bullies are inclines to promote aggressive stance in their personal and professional life. The victims of bullying, especially children also develop impaired personality with low self-respect as they explicate up.The aggressive behavior of bullies is very damaging for people at large and needs to be communicate early. The various external factors like family history of violence, alcohol, drug, mass-media, where violence is inherently linked to human behavior, often reverse critical linkages that inculcate violent tendencies amongst the impressionable children and young adults. Thus, anti-social personalities and anti-social behavior must be addressed finished socio-psychological

Introduction to Networking Essay Example | Topics and Well Written Essays - 750 words

Introduction to Networking - Essay ExampleThis class is used for hold control of data with the hardware in place. Data transmitted in this form is in lick of bits.Data exchanged at this level is in form of the frames and it prepares the data to be pull ahead treat to the network layer. The physical addresses are assigned at this level, further tasks performed by data link layer take on encryption and error correction.By this stage, the data is transmitted into packets and it ensures smooth packet transmission between the two ends. Unlike data link layer, logical addresses are assigned at this layer. It also sets rules for the routing course of instruction as to which one should be chosen and followed for the transmission of traffic.Transport layer This layer plays the role of average layer between the upper layers and the lower layers. It is largely concerned with the delivery of data sent to the some other end. Transport layer are further segregated into connection orient ed and connectionless. Other features of this layer include segmentation, window size control and flow control in form of congestion prevention.Session Layer The session layer is responsible for number of operations, which include the connection establishment, its termination, and its maintenance and recovery. The type of transmission performed beneath this layer includes full duplex transmission, half duplex transmission and simplex transmission.Presentation Layer this layer is responsible for encryption of data, its translation along with the syntax and format of data sent from the sending node. IT further performs the task of data compression in case of IPSec.Application layer This layer serves as an porthole of communication between the users and the devices along with the management. Examples of this layer include web browser, telnet, email client and a buck sharing protocol F.T.P (Forouzan, 2005).Layered network approach is adopted across the world by any major network ser vice providers, there are

Cockpit display visual Research Paper Example | Topics and Well Written Essays - 1000 words

Cockpit display visual - Research Paper ExampleThe cockpit will inform them the positions to be in order to obviate any encounter (Weber, 2011).However, proper information has to be fed to the pilots for them to marque accurate decisions. Cockpit visual display systems rely solely on highly reliable and accurate numeral algorithms that correctly tell the cockpit the right air path that the pilot should maintain in order to avoid collisions. Despite the many lives that the cockpit has already and is still saving, the problem lies with the vision of the pilots. Does the light system of the cockpit affect the eyeb every(prenominal) of the pilots?The human beings visual sense has so many limitations that make it had to adapt to the complex environment in the air. The three dimensional movements and high speeds present in the air be too demanding for the human eye. Furthermore, the human vision is prone to illusions especially at night or when there is poor lighting. Since the huma n look cannot be relied upon to safely navigate through the air, the best substitute is automatically the cockpit. However, the cockpit system should not be a hazard to the pilots because as the eyes performance keeps waning, the higher the risks of accidents occurring (Aviationknowledge, 2012).The human eye has two discolour receptors Rods and Cones. The cones atomic number 18 found at the center of the Retina while the rods are found at the periphery of the retina. Cones are responsible for photopic vision apply when there is light while Rods are responsible for Scotopic vision used in darkness or when there is poor illumination. During the post World War II era, all aircrafts utilized the red light for the cockpit lighting since it did not degrade adaption of the eye to darkness (American Optometric Association, 2011). Nowadays, cockpits are do up of white light that is poor at preserving visual sensitivity for viewing. White light cockpits are being used today because they do not distort the true color of objects. Furthermore, red lighting

Psychometric Testing Business Proposal Essay Example | Topics and Well Written Essays - 2500 words

Psychometric Testing Business Proposal - Essay representativeIt will rationalise the arguments for seeking an external experienced provider in order to advise and achievement that implementation.To create awareness amongst branch, regional and national management of the necessity to improve retention levels of existing call off sales operatives within the organisation. To introduce new methods at the recruitment stage in order to reach out this.Typically this indicates that with a drop-out rate of approximately 3 new staff a month, HFC is losing on average 1,944 each year just from the loss of newly recruited CAM staff leaving the company afterwards just one month of employment.If applied and monitored successfully the implementation of psychometric testing could be apply more widely across other departments within the organisation to ensure greater levels of high performance amongst staff, in addition to overall long term improvements in staff satisfaction.A number of companie s run through been identified and researched with a view to obtaining the best approach to this methodology and an ability to advise accordingly in terms of the principal objectives of this proposal.It is estimated that an assessment of all the identified specialists in psychometric testing will be presented and the successful tender agreed upon by July 2008. With a new strategic approach to the recruitment touch enforced by August 2008.The current questioning carcass employed by HFC relies on 24 questions which have a numeric scoring system. This does not allow for any thorough quantative or qualitative data to be recorded or investigated for accurate results specific to the candidate.It is clear that this present system affords updating to inform a more accurate interpretation of the candidates commitment, knowledge and realistic expectations prior to universe considered for employment.The scope of this proposal is to make a case for

Financial statements Essay Example for Free

Financial statements Essay1) Which of the following statements is true?2) Notes to the pecuniary statements include which of the following3) Which of the following financial statements is divided into major categories of operating, investing, and financing activities?4) If the retained earnings fib increases from the beginning of the year to the end of the year, then5) If services are rendered on account, then6) An investment by the stock(a)holders in a business increases7) Using accrual accounting, expenses are recorded and describe only8) A small company may be able to justify using a cash seat of accounting if they crap9) Stockholders equity can be described as claims of10) Common stock is reported on the11) The Vintage Laundry Company buyd $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the laundry supplies indicated only $2,000 on hand. The adjusting entry that should be made by the company on June12) O n July 1 the Fisher Shoe Store paid $15,000 to Acme real estate for 6 months rent beginning July 1. Prepaid Rent was debited for the full amount.13) Use the following data to confine the total dollar amount of assets to be classified as current assets.14) Use the following data to calculate the current ratio. KoonceOffice Supplies Balance Sheet December 31, 2012 Cash $130,000 Accounts collectable $140,000 Prepaid Insurance 60,000 Salaries Payable 20,000 Accounts Receivable 100,000 Mortgage Payable 160,00015) In horizontal analysis, each item is expressed as a percentage of the16) When a change in depreciation method occurs17) Which of the following statements is true with respect to financial statement reporting for all cases when a company changes from one acceptable accounting method to some other?18) Which of the following would be considered a change in accounting principle?19) From an internal control standpoint, the asset most susceptible to improper diversion and use is2 0) A very small company would have the most difficulty in implementingwhich of the following internal control activities?21) The reconciliation of the cash register attach with the cash in the register is an example of22) Deposits in transit23) Which of the following items on a verify reconciliation would require an adjusting entry on the companys books?24) Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry25) Why do pension and reciprocal funds invest in debt and equity securities?26) Which of the following is a debt security?27) Reed Company acquires 80 Holmes 10%, 5 year, $1,000 bonds on January 1, 2012 for $82,000. This includes a brokerage house commission of $2,000. The journal entry to record this investment includes a debit to28) Reed Company acquires 80 Holmes 10%, 5 year, $1,000 bonds on January 1, 2012 for $82,000. This includes a brokerage commission of $2,000. Assume Holmes pays inte rest semiannually and the July 1 entry was done correctly. The journal entry at December 31, 2012 would include a credit to 29) A company that owns more than 50% of the common stock of another company is known as the30) If a parent company has two wholly own subsidiaries, how many legal and economic entities are there from the viewpoint of the shareholders of the parent company?

Ethical theories Essay Example for Free

Ethical theories Essay on that point ar five types of ethical theories 1. Teleological theory of ethics 2. Deontological theory 3. Virtue ethics 4. justice as fairness 5. FeminismThe teleological theory examines the consequences in terms of diversion and pain, which is termed as Utilitarianism. tally to this theory, our obligation in any situation is to perform that action which will produce the extensiveest substance of good over evil. Under this theory, the ethical virtues much(prenominal) as being honest or not lying are not obligatory. Utilitarian ethical motive compels you to do only those particular acts which bring out good results only. For instance, consider a situation where telling the truth can break someones heart or hurt his/her feelings then in the light of this theory, lying is better than honesty. One of the profound characteristics of utilitarianism is universalism which talks about the pleasure of everyone, rather than benefitting your own self only. The two versions of utilitarianism have evolved from these conditions, act-utilitarianism and rule-utilitarianism. The two great philosophers, Jeremy Bentham and Stuart Mill presented their views in the light of this theory.Bentham proposed the act-utilitarianism theory and said An action is right if it produces greatest join of pleasure over pain for everyone However, this statement was greatly opposed by many critics since they termed it as a down philosophy. Critics complained that pleasure alone can not constitute the good for human beings because even fuzzs are capable of attaining pleasure from their own bodies so it would be better to live the life of a quelled pig rather than being a dissatisfied human being such as Socrates. seeing these objections, Stuart Mill supported the utilitarianism gave the idea of act-utilitarianism by giving his view that an action is right if it produces greatest amount of pleasure over pain by following certain moral rules. Mill said that a person should go for qualitative pleasure rather than quantitative pleasure. Mill also defended the accusation of pig philosophy on Bentham by giving his views that human beings are able to enjoy the higher levels of pleasure than swine. Human beings can pursuit pleasure in the form of intellectual arts and other such activities.Hence, Mill categorized pleasure in higher and lower forms of pleasure. Rule-utilitarianism emphasized tremendously on morality and social obligations, which in fact, are the problems of all teleological theories. Concluding the discussion now, the best theory is the rule-utilitarianism as compared to act-utilitarianism theory because one does not need to calculate the amount of pleasure and pain before playing any deed. Instead, it provides the basic grounds of morality and goodness for doing any action.