Saturday, December 28, 2019

Graduation Speech 3 Idiots, And Its States Do Not...

One quote that I live by on a daily basis both in and out of school comes from an Indian movie called 3 Idiots, and its states, â€Å"Do not chase success. Follow excellence, then success will chase you.† In my school life, this pursuit of excellence has allowed me to reach great levels of achievement in all of my subject areas in high school. However, I especially excel in the areas of math, science, and social studies. My excellence in these areas of learning can be attributed to many factors, including a natural curiosity about these topics, an ability to grasp information easily, and my drive to work hard in all of these areas. Ever since I was little, I have always been curious about our world and why it is the way it is. Initially, this curiosity was manifested in the form of social studies, especially history and geography. History allowed me to see the progression of events that led to our current global situation, while geography allowed me to learn about the ea rth’s physical characteristics and how that influences the importance and usage of various areas of the earth. As I continued on in school, I slowly figured out that fundamental laws, which can be explained by math and science, govern the earth. Math and science work together to allow us to see the ways by which the world works. These three subjects together have allowed me to gain a complete view on the world’s current situation, how we got to where we are today, and why the world is the way it is.Show MoreRelatedThe Five Dysfunctions of a Team a Leadership Fable46009 Words   |  185 Pagesthis publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600Read MoreProject Mgmt296381 Words   |  1186 Pagesprojects 2.3 Stakeholders and review boards 12.1 RFP’s and vendor selection (.3.4.5) 11.2.2.6 SWAT analysis 6.5.2.7 Schedule compression 9.4.2.5 Leadership skills G.1 Project leadership 10.1 Stakeholder management Chapter 11 Teams Chapter 3 Organization: Structure and Culture 2.4.1 Organization cultures [G.7] 2.4.2 Organization structure [9.1.3] 9.1.1 Organization charts 1.4.4 Project offices Chapter 4 9.2 Building the team (.1.3) [3.5.3] [App G.2 Building teams] 9.4 ManagingRead MoreIgbo Dictionary129408 Words   |  518 Pages..................................................................................................... 4 2. The development of the present work ....................................................................................................... 6 3. Onitsha Igbo ................................................................................................................................................ 9 4. Alphabetization and arrangement......................................................Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 Pages Organizational Behavior This page intentionally left blank Organizational Behavior EDITION 15 Stephen P. Robbins —San Diego State University Timothy A. Judge —University of Notre Dame i3iEi35Bj! Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Editorial Director: Sally Yagan Director of Editorial Services:

Thursday, December 19, 2019

The Fight for Social Justice Essay - 892 Words

It has been proven that often, the fight for social justice and the common good comes at a great cost to those involved. Through writings such as Dr. Martin Luther King’s â€Å"Letter from a Birmingham Jail† and Sophocles’ â€Å"Antigone†, as well as, lectures such as Dr.Colbourn’s lecture â€Å"Confronting History and the Good Life: Life after Rosewood† it is demonstrated how life, freedom, and a normal everyday life suffer as a cost of fighting for social justice and the common good. To begin with, Dr. Martin Luther King as well as many other African- Americans fought for equality, social justice, and a better life for African- American resulting in a great cost. Dr. Martin Luther King Jr. was ridiculed and was the target of many attacks simply for†¦show more content†¦In the end, Dr. Martin Luther King Jr. paid the ultimate cost when fighting for social justice and the common good, with his life. On April 4th, 1963, he was assassinated by someone who didn’t like him and the cause he was fighting for. Although Dr. King lost his life, his actions resulted in a better life for African-Americans in terms of equality and social justice. Moreover, Sophocles’ â€Å"Antigone† shows how freedom, life, and a normal everyday life was the cost of fighting for social justice and the common good. In attempt to give her brother Polyneices the appropriate burial, chaos erupts in the kingdom of Thebes. Antigone wanted to honor her brother and the gods by burying her brother even though it was against the wishes of King Creon. Antigone knew her punishment would be death, but she did not care. Antigone was willing to risk her life in order to do what she felt was right. In regards to freedom, Antigone’s arrest and exile were both costs of her fight for social justice and the common good. Antigone’s fight for the common good affected her life as well as the lives of those around her. Her fiancà © Haimon tried to fight for a good life for himself and Antigone by going against his father’s word. In the end, Haimon took his life as a result of Antigone’s death and his mother Eurydike committ ed suicide as a result of Haimon’s death.Show MoreRelatedThe Fight For Social Justice Essay2115 Words   |  9 PagesThe main purpose of social work is to advocate for those who have no voice. Throughout history, many individuals have served as role models and proponents of social justice, helping to create policies and programs so future generations can benefit. Jane Addams, Elizabeth Cady Stanton, Rachel Carson, and Harriet Tubman worked tirelessly and devoted their entire lives to the pursuit of justice. We have learned through their sacrifices that change is just one person away, and that it takes tremendousRead MoreHuman Rights And Fights For Social Justice Essay1633 Words   |  7 Pagesadvanced generalist practitioner to conduct research in order to engage in meaningful social work practice. This essentially means that someone who engages in advanced generalist practice is someone who incorporates various theories and methodologies into research and assessment to c reate a meaningful practice that advances human rights and fights for social justice. Research can mean everything to a social justice issue in terms of expanding knowledge and aiding in helping a particular cause. WithoutRead MoreThe Paradox of Dominate Ideologies in the Fight of Social Justice. 2476 Words   |  10 Pagesare only living together for the summer, until they part their own ways again. The paradox between art and social justice would be that art can be shown to fight for and against social justice. In this essay we will be comparing how The Hills is showing the dominant ideology of an upper white class structure that fights against social justice, while Jersey Shore is fighting for social justice by not showing the dominant ideologies of upper class, instead showing working class Americans. The essayRead MoreAnalysis Of Lakota Woman By Mary Crow Dog1688 Words   |  7 Pageshave been introduced to the Indigenous people social rights justice that has been fighting for many decades to stop waichu from taking every possession of their property, freedom, and racial equality. In the book called â€Å"Lakota Woman† by Mary Crow Dog, she has been describing her childhood to the age of 39 which has been related to many historical events associated with the American Indian Movement. Many of those American Indian Movement was to fight for their rights to have a safer future for theirRead MoreThe Death With Dignity Act913 Words   |  4 Pagesall complicated matters such as this, the law is very contradictory in this field. Social workers who are well informed about life and death issues in the light of cultural and religious beliefs and practices, advanced directives, and the legislation related to them, will be more competent in assisting clients to express their desires and to make choices that encompass their life choices. Such knowledge enhances social work intervention by empowering the elderly to use their autonomous rights relatedRead MoreCommon Sense, by Thomas Paine and Letter to Any Would-Be Terrorists, by Naomi Shihab Nye1305 Words   |  6 PagesReaching for justice throughout human history has been one of the primordial dreams chased by most humans while at the same time, hunted as a mere fugitive by others in order to satisfy their appalling thirst for injustice. â€Å"Injustice anywhere is at threat to justice everywhere† as stated by Martin lather King, if one doesn’t fight for justice he/she might end up having to face the sad reality of injustice taking over everywhere. In order to not let such a thing take place we need to fight against injusticeRead MoreCritical Race Theory On Racism751 Words   |  4 Pagesfuture, it does not seem plausible due to the fact that little progress has been made to reform the societal structures that marginalize people based on their race. Although racism is permanently embedded within the United States, working towards social justice is a necessity because it reassures communities facing marginalization that there is a possibility that the p resence of racism will be less visible in society. In Critical Race Theory, or CRT, it is recognized that racism is lodged into theRead MoreMountains beyond Mountains: Dr. Paul Farmer Essay example1336 Words   |  6 Pagestreatment, no matter their ability to pay. Dr. Farmer makes sacrifices and advocates for the poor throughout his journey, showing the rest of the world how one man can make a difference. Global Social Welfare Haiti is a prime example of how human needs in one area of the world are interdependent with social conditions elsewhere in the world. Haiti, for most of its history has been overwhelmed with economic mismanage and political violence. While in Haiti Dr. Farmer discovers that his patients liveRead MoreSocial Justice Is More than a Definition 1189 Words   |  5 Pagespermanently with just one meaning, Social Justice definition goes beyond what it states. The dictionary’s defines Social Justice as â€Å"the ability people have to realize their potential in the society where they live.† However, Social Justice and what it entails for people who are interested in learning about it, and practicing it would have to dig even deeper to have a better understanding. According to Christopher Merret’s Social Justice: What Is It, Why Teach It? Social Justice â€Å"can be defined in termsRead MoreEssay on Fighting for Equal Rights1724 Words   |  7 PagesJane Addams, Harriet Tubman, Elizabeth Cady Stanton, and Rachel Carson were four American women who advocated for social change. Their courage, intelligence, strength and leadership made a positive difference in the lives of many people. These women were pioneers in their times. They either helped to found, or lent their voices to, various social movements, policies, and causes that evolved during their lifetimes and proved successful in helping many oppressed people. Jane Addams is most famous

Wednesday, December 11, 2019

Portfolios Project In Dynamic Environments †Myassignmenthelp.Com

Question: Discuss About The Portfolios Project In Dynamic Environments? Answer: Introduction The report presents a brief overview of the strategic management. It explains the linear approach and its limitations. Further, it explains the various approaches to the strategic management. It explains that how the Coca-Cola, Starbucks, IBM, Unilever company uses the various strategic management approaches to gain the competitive advantages and to achieve the organizational goals and objectives. The main objective of the strategic management is to evaluate and analyze the external and internal environment of the company. Strategic management is the process of formulation and execution of the major goals, objectives, and initiatives which are taken by the organizations top management on behalf of the owners based on the deliberation of resources and evaluation of the interior and exterior environment. This management provides overall direction and guidelines to the enterprise and it includes the organization goals, objectives, plans and policies and allocation of resources to achieve the organizational long-term objectives and goals. Another side, it defines as the art and science to formulate, evaluate, and implement cross-cultural decisions in order to meet organizational goals and objectives. It is not related to a single specialization but it covers overall organization. It is the broad area which covers overall functional areas of the association. Therefore, it plays a significant role in every organization. There is three basic principles of strategic management; they are discussed below (Batema n Snell, 2013). Creation of profit and revenue by aligning organization activities and operation with a strategic mission and vision. Generate a unique and effective position in the market. Compromise operations and activities in order to achieve satisfaction and morale and determine activities to gain the competitive advantages (Paiola, Saccani, Perona and Gebauer, 2013). The Standard linear strategy in an association is strategy under which business plans, policies and procedures implement and execute their strategies in an organization accordingly. The linear model of strategic management focuses on the planning process in order to meet the goals and objectives according to the requirements of the company. The linear approach provides a good framework for the organization (Foss Knudsen, 2013). There are various shortcomings of linear approaches. The objective of this approach is very complex and it is very difficult to understand the financial, social, and institutional constraints. The objectives and functions of the approach are not clearly specified by the company. Lack of communication and coordination, the company faces many challenges and key issues. It is very complex and intricate approach. All these challenges are faced by the company so it should be managed and controlled by the organization. The company should reduce all these shortcomin gs and limitations to build a sustainable organization (Bateman Snell, 2013). Approaches to strategic management The approaches of strategic management play a significant role in every organization. The company uses the various approaches to identify and evaluate the success and growth of the organization. The approaches of strategic management have been discussed below (Vogel Gttel, 2013). Stakeholders approach and example The stakeholder's approach is a theory of business ethics and organizational management which addresses values and morals to manage and control the association. The stakeholders strategic management approach creates positive and favorable relationships with various stakeholders with the help of suitable management. In stakeholder strategic approach, stakeholders focus on the prerequisite and services of the organization to attain the goals and objectives of the company. It is the integrated and vital approach to the strategic management. There are various stakeholders exist in the organization, they include suppliers, creditors, employees, unions, project manager, sponsor, community, customers and professional organization, etc. There is a close relationship between stakeholders and organization (Paiola, Saccani, Perona and Gebauer, 2013). They play a significant role in an organization because they help to determine the outcomes of the business. An effective stakeholders approach ma intains a favorable relationship between management and stakeholders of the company. Stakeholders monitor and analyze the activities and globalization plans of the company. They help to maintain good communication in an organization and they identify and analyze the key issues and benefits of the association. They generate new ideas and plans to gain the long-term success and growth of the organization. Stakeholders may include different people that come from various areas of the business. This approach protects the interest of the stakeholders and provides satisfaction to them. This approach is important to generate high revenue and profit of the company and it also increases the satisfaction level of the customers. Through this approach, the association can take various opportunities and control on the various key challenges. Further, the stakeholder's approach is executed through the following ways (Pearlson, Saunders Galletta, 2016). The Company should identify the company stakeholders group for doing the work. The company stakeholders include the partners, employees, shareholders, society, and suppliers. The second step is to create a value proposition for each and every stakeholder's There are three elements of values such as financial (volume, ROI, price, margin), emotional ( offering security to maintain trust) and functional ( providing flexibility, increasing and enhancing the shareholder's productivity). The value creation should be balanced by the company to gain the return and revenue. The organization should identify the capabilities to execute and implement the plans and procedures. The organization should use the useful information to create and generate a profit model to manage and control the certain tradeoffs among the stakeholders of the company. Finally, the company should determine the set of key performance indicators to manage the operation and activities of the business (McKelvie and Davidsson, 2009). Ford motor company is one of the biggest companies which uses the stakeholder's approach in their management. The company uses this approach to maintain sustainability and growth of the organization. The variety of stakeholders includes the bottling partners, customers, consumers, employees, communities, government, regulatory authorities, and suppliers. The company conducts stakeholders engagement session and programs for the various stakeholders. The company encourages and enhances the stakeholders approach to gain the competitive advantage in the market. In this way, the company is using the stakeholder's approach in the organization. Through the stakeholders theory, the association understands the various needs and expectations to accomplish the goals and objectives. The stakeholders are the owners and founders of the company and they work for the success and growth of the company. Dynamic capabilities and example In the organizational theory, the dynamic capability is the capacity of an association to utilize the resources of the company. The dynamic capabilities approach shows the firm ability and integrity to achieve the goals and objectives of the company. It emphasizes on the capabilities and potential of the company to perform the task and duties effectively and efficiently. This theory provides various guideline and support to the top management and seniors of the company to do work effectively (Klievink and Janssen, 2009). It includes the three capabilities such as ability, integration, and transformation which are compulsory for every organization. First, ability shows the working capacity of the employees for doing the work. It is the ability of the workers to adapt and learn changes within an organization. Second is the integration of new assets of the company so the organization procedures, process, and plans are initiated and astly, the reuse and transformational of assets utilize d. The stages in dynamic capabilities have been discussed below (Jantunen, Ellonen, and Johansson, 2012). Learning: It is the first stage of dynamic capabilities and it plays a significant role in every organization. In this stage, managers and employees are required to reorganize and reschedule their daily routines to promote and enhance interactions. In this way, this approach helps to maintain collaboration and communication in the organization. Dynamic capabilities help to resolve the various problems and it reduces the dysfunction of the company. Human resource management plays a significant role in dynamic capabilities approach. This department should evaluate the capabilities and potential of the employees to improve the performance and efficiency of the employees. New assets: It is the second stage of the dynamic capabilities and the assets exist in the company creates and expands the efficiency of the association. It helps to improve quality and performance of the employees (Petit, 2012). Transformation of existing resources: It is the important stage of the dynamic capabilities. The company can accomplish goals and objectives when the organization converts all the available assets and resources of the company. Therefore, the interior and exterior factors should be associated in order to accomplish the goals and objectives of the organization. Co-specialization: It is the broad concept of the dynamic capabilities. If the company wants to create co-specialization then it should ensure the maximum utilization of available resources (Grant, 2016). Coca-cola, Ford motor company, IBM, and apple are the example of the dynamic capabilities strategic management approach. These companies use the dynamic capabilities approach to maintain sustainability in the market. Apple Company ensures the maximum utilization of resources through dynamic capabilities approach (Kindstrm, Kowalkowski and Sandberg, 2013). The Ford motor company, IBM, and Coca-Cola Company are also using the various dynamic capabilities to overcome on the competitors. These companies are taking various advantages with the help of dynamic capabilities approach of the strategic management. They can evaluate and analyze the various plans, policies, business activities and operations of the competitors (Laczniak and Murphy, 2012). Sustainable approach and example This approach ensures the growth and development of the organization. In this approach, the management focuses on the sustainability and development of the company. It is the process of growth and development which uses the various resources within the organization. Through sustainable approach, maximum utilization of resources can be done by the company. If the company maintains the sustainable development then it can easily gain the organizational goals and objectives. Further, there are various aspects of sustainability which are important for the success and growth of the company (Priem and Swink, 2012). This approach helps to make decisions effectively and it provides support for collaboration and teamwork. The managers and top management should maintain the sustainability of the organization. It will also help to reduce the global warming activities. Further, there is a close relationship between corporate social responsibility and sustainable development. There are three pilla rs of the sustainability; they are such as economic development, environmental protection, and social development. It helps in economic and social growth and development. It promotes environmental education and awareness to achieve the mission and vision of the company. Thus, the managers need to analyze and evaluate the market conditions and they analyze the relationship between the customers and company. It helps to reduce the pollution and waste generation. In this way, this approach maintains the effective sustainability in the organization (Peppard and Ward, 2016). There are various companies which use the sustainable approach in order to meet long-term growth and success. Starbucks, Coca-cola and Unilever companies exercise and maintain the sustainability of the organization to flourish and expand its business activities and operations across the world. The star bucks corporation uses the sustainable approach to attract the more customers in the market. After the various researches, it has been found that sustainable approach is initiated and implemented by the many companies (Rettie, Burchell and Riley, 2012). The suppliers, customers, and local community give full contribution in sustainable development. Many software companies also use the sustainable development approach to reduce the carbon emissions. Sustainability help to build the good position in the market. Through sustainability, the company can identify the threats and risks of the market as well as the competitors. In this way, it takes various competitive advantages and benefits. The organization can identify and analyze the plans and policies of the competitors through excellent sustainable development (Luyet, Schlaepfer, Parlange and Buttler,2012). All these strategic management approaches play a significant role in every organization to face the various challenges and obstacles. Limitations of strategic management approaches Although, entire approaches of the strategic management are playing a vital and integral role in every business organization. But the organization faces many challenges and difficulties. The interest of the stakeholders is the big issue in these strategic management approaches. The company cannot measure the interest of the stakeholders in monetary terms. Involvement of stakeholders in the stakeholder's approach takes a lot of time. Therefore, various limitations exist in the stakeholder's approach (Osbaldiston and Schott, 2012). On the other hand, there are various limitations exist in the dynamic capabilities. Through this approach, many companies annoy the various existing resources in order to gain long-term competitive benefits across the world. In this way, they waste the various resources to gain long the long-term growth and success in the market (Hassini, Surti and Searcy, 2012). Another side, many organization face various difficulties with using the sustainable development approach within the organization. The sustainable approach affects the national policies adversely. Sustainable development is based on the set of requirements, therefore, it creates various problems within the organization. It is affecting the culture and social services of the country. Therefore, the company needs to focus on these limitations and weaknesses in order to meet long-term mission and vision of the corporation (Garcs-Ayerbe, Rivera-Torres and Murillo-Luna, 2012). Recommendation After the various researches, it has been analyzed that the company is using the various strategic management approaches in the organization. The main objective of the strategic management is to gain long-term sustainability. The company should comply the various rules, regulations, laws and corporate social responsibilities. It should focus on the limitations and shortcomings of the strategic management approaches. In this way, the company can meet and achieve the various long-term goals and objectives of the organization. Further, the company should use innovative technologies to gain the competitive benefits in the market across the world. To reduce the limitations and obstacles, the organization should develop and build the effective human resource management. Conclusion The report is based on the strategic management. The strategic management approaches play a vital role in the growth and sustainable development of the company. These approaches help to maintain the trust among the various stakeholders. The strategic management helps to build and maintain the strong and effective position and goodwill of the company in the market. On the other hand, these approaches consist some limitations which are not good for the success and growth of the company. These limitations affect the business activities and operations adversely. Now it is concluded that the company must make the effective strategies to overcome on the competitors. The organization should use the maximum utilization of resources and assets. In this way, the company can increase its revenue and outcomes. The association should focus on the key challenges and barriers of the strategic management approaches. The company should maintain the sustainable human resource department to formulate a nd implement the various policies and plans for the success and growth of the organization (Sangr, Vlachopoulos and Cabrera, 2012). References Bateman, T.S. and Snell, S., 2013.Management: Leading collaborating in a competitive world. McGraw-Hill Irwin. Foss, N.J. and Knudsen, C. eds., 2013.Towards a competence theory of the firm(Vol. 2). Routledge. Garcs-Ayerbe, C., Rivera-Torres, P. and Murillo-Luna, J.L., 2012. Stakeholder pressure and environmental proactivity: Moderating effect of competitive advantage expectations.Management Decision,50(2), pp.189-206. Grant, R.M., 2016.Contemporary Strategy Analysis Text Only. John Wiley Sons. Hassini, E., Surti, C. and Searcy, C., 2012. A literature review and a case study of sustainable supply chains with a focus on metrics.International Journal of Production Economics,140(1), pp.69-82. Jantunen, A., Ellonen, H.K. and Johansson, A., 2012. Beyond appearancesdo dynamic capabilities of innovative firms actually differ?.European Management Journal,30(2), pp.141-155. Kindstrm, D., Kowalkowski, C. and Sandberg, E., 2013. Enabling service innovation: A dynamic capabilities approach.Journal of business research,66(8), pp.1063-1073. Klievink, B. and Janssen, M., 2009. Realizing joined-up governmentDynamic capabilities and stage models for transformation.Government Information Quarterly,26(2), pp.275-284. Laczniak, G.R. and Murphy, P.E., 2012. Stakeholder theory and marketing: Moving from a firm-centric to a societal perspective.Journal of Public Policy Marketing,31(2), pp.284-292. Luyet, V., Schlaepfer, R., Parlange, M.B. and Buttler, A., 2012. A framework to implement Stakeholder participation in environmental projects.Journal of environmental management,111, pp.213-219. McKelvie, A. and Davidsson, P., 2009. From resource base to dynamic capabilities: an investigation of new firms.British Journal of Management,20(s1). Osbaldiston, R. and Schott, J.P., 2012. Environmental sustainability and behavioral science: Meta-analysis of proenvironmental behavior experiments.Environment and Behavior,44(2), pp.257-299. Paiola, M., Saccani, N., Perona, M. and Gebauer, H., 2013. Moving from products to solutions: Strategic approaches for developing capabilities.European Management Journal,31(4), pp.390-409. Pearlson, K.E., Saunders, C.S. and Galletta, D.F., 2016.Managing and Using Information Systems, Binder Ready Version: A Strategic Approach. John Wiley Sons. Peppard, J. and Ward, J., 2016.The strategic management of information systems: Building a digital strategy. John Wiley Sons. Petit, Y., 2012. Project portfolios in dynamic environments: Organizing for uncertainty.International Journal of Project Management,30(5), pp.539-553. Priem, R.L. and Swink, M., 2012. A demand?side perspective on supply chain management.Journal of Supply Chain Management,48(2), pp.7-13. Rettie, R., Burchell, K. and Riley, D., 2012. Normalising green behaviours: A new approach to sustainability marketing.Journal of Marketing Management,28(3-4), pp.420-444. Sangr, A., Vlachopoulos, D. and Cabrera, N., 2012. Building an inclusive definition of e-learning: An approach to the conceptual framework.The International Review of Research in Open and Distributed Learning,13(2), pp.145-159. Vogel, R. and Gttel, W.H., 2013. The dynamic capability view in strategic management: A bibliometric review.International Journal of Management Reviews,15(4), pp.426-446.

Wednesday, December 4, 2019

Determination Of Permanent Establishment †Myassignmenthelp.Com

Question: Discuss About The Determination Of Permanent Establishment? Answer: Introducation The present study is concerned with the evaluation whether Taite and Aramis British resident planning to establish a trade of land development whether or not they would be considered assessable for purpose of taxation under the Permanent Establishment. The definition of permanent establishment is provided under subsection 6 (1) of the Income Tax Assessment Act 1936 will be applied under of ITAA 1997 and Schedule 1 of the Taxation Administration Act 1953, given that there is a different intention (Kiprotich 2016). The above stated rulings will be applied on an individual who is an Australian resident and carries out the activities of trade overseas or is a non-inhabitant of Australia performing business activities in Australia and looking for direction on having a place with the reason under subsection 6 (1) of the definition (Pope, Rupert and Anderson 2016). It is noticed that Taite and Aramis are British resident and they are looking to establish a parent company by using borrowed money through corporate structure and by financing the sum borrowed at the commercial rate to a completely owned auxiliary company. As noticed in the study that the definition of Permanent Establishment is defined under Subsection 6 (1) of the concept used in tax treaties of Australia. As defined under the Taxation Ruling TR 2002/5,Permanent Establishment can be defined as the place from where a person performs the commercial functions from the reference to the place which is used to perform the business activities (Chan 2013). Since Taite and Aramis have decided to set up parent company in Australia, the place becomes the elements of permanence both physically and temporally. Permanence must be understood in the current context as the element fact and degree. Hence, permanence in regard to Taite and Aramis proposal of setting up the business do not signify everlastingly. The type of business undertaken by Taite and Aramis is temporary and consists of use of land for land development and disposal. A place through which a person performs the business in present scenario of the definition stated under subsection 6 (1) must be enduring but in present situation the business is not permanent of nature (Miller and Oats 2016). The second criterion to conclude the place of executing the trade is stated in the definition of PE under subsection 6(1) is temporary business. The nature of business for Taite and Aramis consists of development of land for only five year. According to subsection 6 (1) of the PE the trading activity must execute its functions for the period. This must be determined in the current scenario of the business and becomes the piece of evidence. As held in Applegate v. FCT78 ATC 4054 at 4060; (1978), permanent does not mean forever. The phrase permanent is used in the sense of something that needs to be differenced either provisional or temporary (Christie 2015). Permanence does mean forever and this is only sense, which is applied in this ruling. It is a matter of truth and degree that whether temporary permanence prevails. Nevertheless, being an advisor if Taite and Aramis operate at or from a place continuously for greater than the period of six months that place will be considered as temporally permanent. Role of permanent establishment plays in determining the tax liability in Australia: As defined under subsection 6 (1) of PE under ITAA 1936 the definition of permanence originated and sustained in the previous approach (Zeff 2016). The definition of permanent establishment defined under 1946 UK DTA indicates mainly the introduction of force of law to the UK 1946 Double Tax Agreement. The notion Permanent Establishment plays a vital role in assessing the tax liability in the international and domestic taxation law. It is generally used in Australia in determining tax treaties with UK created in 1946 (Fleurbaey and Maniquet 2015). In the domestic taxation law of Australian it purposely appeared out of the tax treaty context in 1959. Permanent establishment plays a vital role in assessing the tax treaties of Australia, which represents that, the permanent position of business from where the business activities of the enterprise are completely or partially executed. On assuming that the taxable entities involved are the inhabitant of Australia for the purpose of taxation under the Taxation Rulings TR 2004/4 it considers the deductions for interest that is occurred prior to the commencement of or consequent to the cessation of vital revenue earning activities (Kabinga 2015). As observed from the present study that, the business model consist of deal of subsidiary company by shares to accommodate the application for tender and its successive refinancing from the present need of loan including the interest expenses. According to Taxation Rulings TR 2004/4 it is considers the deductibility of the interest expenditure that is occurred prior to the beginning of the revenue earning activities and interest expenses that takes place after the income earning capacities have ceased. Taxation Rulings TR 2004/4 is applicable to the income years, which commences both prior to and after the date of issue. The deduction of interest in the current situation of Taite and Aramis is typically determined based on evaluation of borrowing and the uses of such borrowings (Razin and Sadka 2014). Citing a reference to the case of Steele v. FC of T99 ATC 4242; (1999) 41 ATR 139 generally, the objective of borrowings was assessed from the nature of usage of borrowed funds. Interests that are outgoing is understood as recurring expenses. As a fact borrowed funds may be used to get hold of capital asset but does states that the outgoing interest is based on the capital account. As held in Steele v. FC of T99 ATC 4242; (1999) 41 ATR 139 interest incurring that period prior to the commencement of significant taxable income will occur in attaining or producing the taxable income. Therefore, it is not introductory to the revenue earning actions and it does not result in those actions. Citing the reference of Kidston Goldmines Ltd v. Federal Commissioner of Taxation the judgement lays down the explanation on the theory that the use of funds and a persons purpose in vital in measuring the deductions of the interest in the form of tool in supporting the resolution (Laporte and Rota-Graziosi 2014). The statutory issue that surrounds the current scenario of Taite and Aramis is whether the outgoing of interest occurred in the course of income producing activity or under the criterion of second limb of the section 8-1 of the ITAA 1997. In deciding the present case, the interest expenditure is regarded as an outgoing that occurred in producing the taxable income. It is vital to remain indulged in addressing the difference between the purpose of the taxpayer while borrowing the money and use of borrowed funds. The principles of financing stated in the case of FC of T v. Roberts defines that borrowing to refinance funds and using the same in the business will be regarded for deductions if the funds takes the form of partnership capital. Citing the case of Texas Company (Australasia) Limited v. FC of T(1940) 63 CLR 382 the system of Australian taxation takes into the considerations the borrowed interest funds to protect the capital in regard to the existing income producing activities (Schreiber 2013). Interest paid in getting hold of the capital asset that is used in the later stages as the income producing activities is considered as an enduring asset and can be put into use for the planned activity. In the current scenario of Taite and Aramis the implication is that interest expenses is considered as capital expense and it is capital in nature. As observed from the present study, that capital asset is created and the payment of interest is regarded as recurring in nature. Interest is gene rally recurring or cyclic payment, which does not consider an enduring advantage as an alternative the usage of the borrowed funds all through the term of finance (Ma 2017). Deductibility of anticipated loss: The deductions of loss comprises of interest stated section 8-1 of the Income Tax Assessment Act 1997 is primarily dependent on the satisfaction of the words for the above defined section. According to the TR 95/2, the anticipated loss or the outgoing incurred by the taxpayer in achieving the taxable revenue of the taxpayer and the loss does not consist of capital in nature (Djambov et al. 2016). The existing scenario of Taite and Aramis evidently reflects that whether or not the taxpayer incurs loss or outgoing interest, it suits the requirement of section 8-1 based on the information and materials linked with the loss that was incurred by the taxpayer in query. As stated in the case of FC of T v. Smith92 ATC 4380 interest on borrowing to fund the repayment of money that was at first stage advanced by the associates and used in the form of capital in partnership firm that will be regarded for deductibility under subsection 51 (1). Interest on borrowing will be regarded as deductions to the extent where the capital was used in the trade that was executed with the purpose of generating or acquiring the taxable income (Barkoczy 2016). The present case of Taite and Aramis determines whether the interest will be considered for deductions in the commercial context at the time when the business borrowed funds. On applying the analysis of federal court in FC of T v. Roberts, interest on borrowing by the company should be regarded for deductions. (Tan, Braithwaite and Reinhart 2016) It might be under that circumstance where the borrowed funds is put into the use for refunding the reimbursement of share capital to the shareholders along with the capital that is repaid was used as the working capital in the business activities executed by the company with the purpose of producing assessable income. Expenses will be regarded for deductions under section 8-1 if the required aspects of the expenses has adequate link with the activities that directly leads in generating assessable income of the assessor (Blakelock and King 2017). Citing the case of FC of T v. Riverside Road Pty Ltd90 ATC 4567 the court provides the summary regarding the applications of principles regarding the deductions under section 51 (1) of the Act. It is worth mentioning that expenses must possess adequate connection with the functions, which directly produces taxable income to fulfil the statutory criteria in performing the business (Braithwaite 2017). In assessing the deductions of loss for Taite and Aramis required attention must be given on the objective surrounding the event of loss. The present scenario of Taite and Aramis clearly meets the requirement of the taxpayers under section 8-1. Capital gains tax can be defined as the tax which is paid on the capital gain on the yearly income tax return. If a person acquires an empty land for the personal purpose or for the purpose of investment it is usually considered in the form of capital asset which is subjected to capital gains tax (Woellner et al. 2016). If a person purchase land for using it in the business activity transacting in land it would be regarded as trading stock. Land is generally treated as trading stock in determining the tax liability rather than regarding it as the capital asset as Taite and Aramis were engaged in the activities of land dealing and acquired the land for reselling it. Trade activities that consists of transacting in land comprises of acquiring the land with the purpose of developing or subdividing and selling the same (Robin 2017). It is worth mentioning that land acquisition is not necessary to be repetitive in nature. A single acquisition of land for the purpose of development, subdivision and sale by the assessor in the current context would lead the land being treated as a trading stock. Therefore, land used as trading stock, capital gains is not applied on it. Proceeds from land should be treated as the ordinary income and should not be regarded as capital gains and the cost that is associated would be considered for deductions. Identification of business risk: There are few types of risk which is associated with this plan are as follows; Increase in the rate of interest leading in greater cost of holding: It is apparently better to service the loan and make repayments where the rate of interest is low. Nevertheless, the assessor should take into the considerations the elements that is likelihood of rising the rates over the span land development (Almeida, Hankins and Williams 2016). There are examples where the seasoned land developers have fell in the trap of rising interest rate when they borrow huge sum of money on the reduced interest rate. Increased in the cost of construction: This is another kind of trap where most of the land developers fall. This comprises of set of narrowing cost in their budget at the time of commencing their plan irrespective of any kind of contingency plan in place of likelihood of probable increase in cost taking place yearly in the trade of land development. The developers are either compelled to borrow fund or they are forced to dispose their incomplete business project and shoulder the loss. Variations in demand and supply resulting in unpleasant variation in the price of real estate: Since large number of land developers understand the differences in the principles that runs the market of property it is also obligatory for them to evaluate the altering level of supply and demand during any period of time. Social alternations such as immigration and higher rate of interest represents declining activity of the purchaser and this might result in declining demand of customers. Risk assessment methods: Sensitivity analysis: Sensitivity analysis can be defined as the vital approach of analysing risk. Sensitivity analysis assist in assessing the effect created on profit associated to important variables (Almeida, Hankins and Williams 2016). The objective of senility analysis is to assess the set of alterations that will assist the appraiser in advancing from the stage of identification or outcomes for the variables that are controlled by distributing the likelihood to each of the variables. Risk evaluation is understood as the procedure of evaluating the recognized risk together with the correlation between the risks. At the time of risk assessment, a particular risk situation for any specified risk portfolio is plotted and becomes the base of subsequent risk control. To derive the answer of over viewing the correct actions of risk identified becomes the second step in analysing and evaluating. The methodology used in the risk evaluation is greatly reliant on the quality of information and inflow of appropriate risk exact information for both the quantitative methods and qualitative methods. Reference List: Almeida, H., Hankins, K.W. and Williams, R., 2016. Risk management with supply contracts.The Review of Financial Studies. Barkoczy, S., 2016. Foundations of Taxation Law 2016.OUP Catalogue. Blakelock, S. and King, P., 2017. Taxation law: The advance of ATO data matching.Proctor, The,37(6), p.18. Braithwaite, V. ed., 2017.Taxing democracy: Understanding tax avoidance and evasion. Routledge. Chan, L.K., 2013.AAT.: Principles of Taxation. Paper 5. Pearson Education Asia Limited. Christie, M., 2015. Principles of Taxation Law 2015. Djambov, F., Veltrop, M. and Wu, L.S., 2016. Tax Seminar I on Relevant Issues Related to the Permanent Establishment in the Light of the OECD Model Tax Convention on Income and Capital.MaRBLe,1. Fleurbaey, M. and Maniquet, F., 2015.Optimal taxation theory and principles of fairness(No. 2015005). Universit catholique de Louvain, Center for Operations Research and Econometrics (CORE). Kabinga, M., 2015. Established principles of taxation.Tax justice poverty. Kiprotich, B.A., 2016. Principles of Taxation.governance. Laporte, B. and Rota-Graziosi, G., 2014. Principles and dilemmas in mining taxation.Financing sustainable development by addressing vulnerabilities. FERDI, forthcoming. Ma, G.M., 2017. Subcontracting Services to a Company and a Permanent Establishment According to Article 5 Paragraph 3 Letter b) UN-Model-Convention.Intertax,45(6), pp.461-466. Miller, A. and Oats, L., 2016.Principles of international taxation. Bloomsbury Publishing. Pope, T.R., Rupert, T.J. and Anderson, K.E., 2016.Pearson's Federal Taxation 2017 Comprehensive. Pearson. Razin, A. and Sadka, E., 2014. Principles of International Taxation. InMigration States and Welfare States: Why Is America Different from Europe?(pp. 32-35). Palgrave Macmillan US. ROBIN, H., 2017.AUSTRALIAN TAXATION LAW 2017. OXFORD University Press. Schreiber, U., 2013.International company taxation: an introduction to the legal and economic principles. Springer Science Business Media. Tan, L.M., Braithwaite, V. and Reinhart, M., 2016. Why do small business taxpayers stay with their practitioners? Trust, competence and aggressive advice.International Small Business Journal,34(3), pp.329-344. Woellner, R.H., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2016.Australian Taxation Law Select: Legislation and Commentary 2016. Oxford University Press. Zeff, S.A., 2016.Forging accounting principles in five countries: A history and an analysis of trends. Routledge.

Thursday, November 28, 2019

Music And Advertisements Essays - Music, Britney Spears,

Music And Advertisements Have you ever looked at pop culture icons and wondered why certain celebrities appear in ads? Especially when the person has no apparent relationship with the product being sold in the ad. It seems like there is some mysterious force that attracts companies to recruit these stars to be in their ads. What most people do not realize is that these ads try to entice younger viewers into looking at them by displaying pop figures who are popular and controversial. These companies look to get any celebrity that is popular and notorious for controversy into their advertisements just so that young people will recognize it. An ad for Tommy Jeans, with Britney Spears in it, is made solely for young people to be enticed by the popular musician, not the jeans themselves. Similar to a Candies Fragrances ad that has Dennis Rodman and Carmen Electra posing together. These ads are using popular icons and the celebritys controversial lives to draw young audiences so that the ad will stick out in teena gers minds. In the two page Tommy Jean advertisement, the ad is divided into four sections. The third section, starting from the left, has a guitar with the American flag on it and the words Tommy Hilfiger in two of the stripes. The first two and the final sections are pictures of Britney Spears singing in a recording studio. Shes wearing headphones, white Tommy top and blue Tommy jeans, in each of the three pictures. The words Tommy Jeans are shown across the middle of the pages and in the bottom right hand corner of the ad. Underneath the one of those is the statement presents Britney Spears baby one more time tour. Another ad is the Candies advertisement, which displays both Carmen Electra and Dennis Rodman together as a pair. Rodman is dressed in just a pair of boxers, standing with his hands raised. Carmen, on the other hand, is fully clothed with jeans and short top. She is standing with her one arm wrapped around Dennis with a bottle of Candies fragrances. Her head is against his chest while, her other hand slightly tugging his boxers away from his body. The ad is giving the appearance that she is spraying the fragrance beneath his boxers. Obviously the ad is appealing to the sexual controversy between the two stars. The first celebrity mentioned is Britney Spears, one of the new poster pop stars who Tommy Hilfiger has recruited. This beautiful, brown hair, brown-eyed girl has been singing nationally since she was seven years old. Yet, she just recently gained notoriety as a pop culture diva on her entrance into the pop music world. Britney Spears made a more noticeable impact on the pop scene because of some controversy arising in her career. A Rolling Stone article, which displayed too much skin of a seventeen-year-old girl than society believes should be allowed. She also has been accused of acquiring breast implants to further her career, which she denied weeks after the accusations. Leading the public to believe that she may have been debating on whether or not to tell the truth. This delayed reaction by Spears still creates controversy over the issue of her alleged implants. These events have helped Britney Spears get into the limelight and also increase her record sales. This controversy c ombined with her singing has made her very popular among teenagers, boys and girls alike. Tommy Hilfiger is capitalizing on her newfound fame by having her appear in their new advertisement campaign. Although he is not as accepted by the public as Britney Spears, he does share, he does share Spears controversial spotlight. Not only has Dennis Rodman been the topic of controversy, but even his relationship with Carmen Electra has been under much public scrutiny. Dennis Rodman is a NBA star with a bad boy reputation on and off the court. He had skipped many practices for his Los Angeles Lakers, which is unheard of in professional sports. Sport commentators questioned whether or not he should be allowed to play, while the team ultimately decided that he should not. Rodman has been seen blatantly knocking down cameramen and has been suspended for making physical contact with referees.

Sunday, November 24, 2019

Wishing Someone a Happy Birthday in German

Wishing Someone a Happy Birthday in German If youre going to speak the language, its important to learn how to wish someone a happy birthday in German. Before giving birthday greetings, though, you need to know about an important cultural point especially among older Germans: Wishing a German a happy birthday before his special day is considered bad luck, so dont do it. And as for gifts and cards you may want to send, make sure to mark on the package that the recipient should open it only on her birthday or afterward- but never before. There are also a number of ways to say happy birthday in German, but birthday wishes can vary widely whether they are spoken or written, or even depending on where the recipient resides in Germany. Spoken Birthday Expressions The following phrases first show how to say happy birthday in German, followed by the translation in English. Note that the translations are the English equivalents and not literal, word-for-word  translations. Herzlichen Glà ¼ckwunsch zum Geburtstag!   Happy birthday!Alles Gute zum Geburtstag!   Have a good birthday!All das Beste zum Geburtstag!   All the best on your birthday!Viel Glà ¼ck zum Geburtstag!   Best of luck on your birthday!Ich gratuliere Ihnen zu Ihrem 40/50/60 etc.   Congratulations on your 40/50/60th etc. birthday.Herzlichen Glà ¼ckwunsch nachtrglich.   Happy belated birthday. Written Birthday Expressions You can write all of the above-mentioned expressions in a card, but if you want something a little more ausfà ¼hrlicher (detailed), you may want to try some of these expressions. Herzlichen Glà ¼ckwunsch zum Geburtstag und viel Glà ¼ck/Erfolg im neuen Lebensjahr!   Happy birthday and much happiness/success in the new year.Ich wà ¼nsche dir zu deinem Geburtstag alles Liebe und Gute- verbringe einen wunderschà ¶nen Tag im Kreise deiner Lieben.   I wish you all the best on your birthday. May you spend a wonderful day surrounded by those you love.Ich wà ¼nsche dir einen herzlichen Glà ¼ckwunsch zum Geburtstag und alles Liebe und Gute und ganz viel Gesundheit und Spaß. Lass dich schà ¶n feiern.   I wish you a happy birthday and all the best and much health and fun. Have a good time celebrating.Herzlichen Glà ¼ckwunsch und alles Gute zum Geburtstag wà ¼nscht dir (your name).   I wish you happy birthday and all the best on this day.Herzlichen Glà ¼ckwunsch zum (birthday number)sten und alles Gute. Happy Xth birthday and all the best. Happy Birthday From All Over Germany Not every city or town in Germany says happy birthday the same way. You may run into variations in dialect, depending on where you are in the country and where the birthday  Junge oder Mdchen, Mann oder Frau  (boy or girl, man or woman) lives. The city or region is listed on the left, followed by the German happy birthday greeting and then the English translation. Bayern (Bavaria): Ois Guade zu Deim Geburdstog!   Happy birthday!Berlin: Alles Jute ooch zum Jeburtstach!   All the best on your birthday!Friesland: Lokkiche jierdei!   Happy birthday!Hessen (Hesse): Isch gratelier Dir aach zum Geburtstach!   I congratulate you on your birthday.Kà ¶ln (Cologne): Alles Juute zum Jeburtstaach!   All the best  on  your birthday!Norddeutschland (Plattdeutsch - Low German): Ick wà ¼nsch Di alls Gode ton Geburtsdach!   I wish you all the best on your birthday.

Thursday, November 21, 2019

Alienation and Emancipation Essay Example | Topics and Well Written Essays - 500 words

Alienation and Emancipation - Essay Example This thesis was presented in the broad frame of the doctrine of political alienation. The theme of economic alienation was broached in a separate concluding section of the article. Here he offered a trenchant formulation of the idea that the economic life in the 'state of egoism' is a practical religion of money-worship. He gave the religious analogy a special new twist and emphasis by calling the practical religion 'Judaism'. This may have been prompted by Hess' reference to the 'Christian merchants and Jewish Christians'. It capitalized upon the fact that the German term 'Judaism' (Judentum ) had the secondary connotation of 'commerce'. So Marx describes Judaism or commerce as a religion in which money is the god: 'What is the worldly cult of the Jew Huckstering. Who is his worldly god Money. ' And further: 'Money is the jealous one God of Israel, beside which no other God may stand. Money dethrones all the gods of man and turns them into a commodity. Money is the universal, independently constituted value of all things. It has, therefore, deprived the whole world, both the world of man and nature, of its own value. Money is the alienated essence of man's work and his being. This alien being rules over him and he worships it.' (Karl Marx's, 1959). Following Hess, Marx conceives the practical religion as a material form of self- alienation corresponding to the spiritual form as analyzed by Feuerbach: 'Selling is the praxis of externalization.

Wednesday, November 20, 2019

The Downside of Internet Consumption among Children Research Paper

The Downside of Internet Consumption among Children - Research Paper Example Nowadays, the present generation would rather spend several hours using the computer than watching TV (Pavlik 267). This merely implies that whatever they want might just be acquired in an instant as almost everything is possible in just a matter of seconds. It is imperative to note, however, that the effects and the various influences of the rampant application of the internet among the youth may eventually create both constructive and detrimental impact on their development. Although the internet serves to be favorable and beneficial most of the time, its detrimental effects outweigh its advantages in most cases. Moreover, Cheon significantly notes â€Å"children’s exposure to negative internet content relates to the social context of internet usage†, where the family plays a significant part on their susceptibility to some unpleasant subject matter which can be easily accessed over the internet (3). Worst of all, children are always prone to suffer almost all sorts o f health-related issues even at their very young age, and might as well become more indolent and insensible because of too much reliability and addiction on the advances of technology. The main essence of this essay seeks to point out those children less than 12 years old should not yet be introduced to the cyber world. Furthermore, it seeks to highlight the disadvantages of the internet to children as evidenced by their inappropriate exposure to the media. II. Internet Definition, Origin, and History The Internet is precisely the most profitable contribution and seemingly the best application to the usage of computers in this era of technological development. It mainly refers to the â€Å"interconnection of networks,† which permits other computers to communicate and transfer data through a system of multiple devices (Goel 196). The availability of information becomes more exclusive as the internet offers different services in just a matter of seconds. Although the internet c ontinues to exist in this highly advanced and complicated society, not everyone knows where and how it started. Goel notes that computer networking originated at the US Department of Defense Advanced Research Projects Agency (DARPA) where it established the ARPANET in the 1970s that eventually developed the foundations of â€Å"internetworking† (197). Consequently, the stages that accompany the progress of the internet certainly made a quantum leap that made communication and interaction go across the borders of wireless connectivity. Purpose The frequent use of the internet severely revolutionized the current trend in the information technology (IT) industry where it created a much more complex and structured function in the delivery of the service it provides to its users. Hock argued that originally, the primary reason for the invention of the internet was plainly to design â€Å"a communications channel† which grants the comfort of data transmission where resources are readily available to the other users (2). In an academic research, conducted by the Advanced Research Projects Agency Network (ARPANET), the internet simply evolved to make what used to be complicated and difficult become more convenient and satisfactory. In this Information Age, the internet apparently does not only serve to make communication favorable to most, but it too has gone a long way to exceed limitations. Demographics of Users The massive application of the intern

Sunday, November 17, 2019

Financial Performance of Pace Leisurewear Ltd Case Study

Financial Performance of Pace Leisurewear Ltd - Case Study Example Financial statement analysis involves, comparing the performance with that of other firms in the same industry and evaluating trends in the firm's financial position over time. These studies help management identify deficiencies and then take actions to improve performance. For evaluating the financial performance of the firm ratio analysis and Du Pont system are used. According to Fraser, L. (2001) & Ormiston, A. (2001) the subordinate classifications of ratio analysis are: According to Fraser, L. (2001) & Ormiston, A. (2001) The available cash resources to satisfy the current obligations must come primarily from cash or the conversation to cash from of other current asset. For interpreting the liquidity of the firm, several types of ratios have been depicted. Current ratio, quick ratio, cash flow liquidity measures the firm's short-term solvency. Firm's ability to meet the current obligations can be judged. Liquidity position or effects of using debt can be evaluated. The available cash resources to satisfy the current obligations must come primarily from cash or the conversation to cash from of other current asset. To judge the long-term financial position of the firm, financial leverage ratios are used. Brigham, E. (2007) & Houston, J. (2007) mentioned that these ratios indicate mix of funds provided by owner and lender. According to Fraser, L. (2001) & Ormiston, A. (2001) the amount and proportion of debt in a company's capital structure is extreme ly important because of the trade off between risk and return. Gross profit margin, operating profit margin, and net profit margin represent the firm's ability to translate sales dollars into profits as different stages of measurement. Administrative efficiency can be judged through this. Brigham, E. (2007) & Houston, J. (2007) assessed the fixed asset turnover ratio measures how effectively the firm uses its fixed assets and total asset turnover measures the turnover of the entire firm's asset. So, Debt ratio, debt to equity ratio, long tem debt to total capitalization ratio have been drawn. Ratio Analysis: Liquidity Ratio: Short-term Solvency Year before last Last year Current 1.76 1.13 Quick 1.10 0.47 Cash flow liquidity 0.30 The current ratio of the firm indicates that at the end of year current asset covered current liabilities 1.13

Friday, November 15, 2019

HTC and Samsung Organisation structure

HTC and Samsung Organisation structure HTC Corporation was established in 1997, by 2009 it become the word first smartphone manufacturer which run Microsoft Windows Mobile operating system. The company first made notebooks, and after it become to made smart phones. The company made the first Microsoft powered smartphone and the they made the first Microsoft 3G phone. And the made the first touch screen mobile phones either. The company has two segments. The first is to manufacture the design of the phone the second is to manufacturing mobile phone for branded handset companies and its smart phone operator business. In 2006 HTC got in upon branding phones at its own label. Their first 3G smartphone was the android phone called HTC Dream. It was first introduced in US. The first 4G smartphone was released in 2010 June its called HTC Evo 4G. The CEO of HTC are Cher Wang and Peter Chou. Reference: http://en.wikipedia.org/wiki/HTC_Corporation Organisation structure: HTCs chairwoman is Cher Wang. Peter Chou is the CEO, and HT Cho as Director of the Board and Chairman of HTC Corporation. HTCs CFO is Hui-Ming Cheng. In the cast to being chair of HTC, Cher Wang is also sharing chair of VIA Technologies. HTCs main section, including the Information Appliance engineering section and the Wireless Mobile engineering section. The companys advance has grow dramatically since being chosen by Microsoft as a hardware platform advance partner for the Windows Mobile operating. HTC is also presently working with Google to build mobile phones running Googles Android mobile OS. It was classified as the fastest-growing tech firm in BusinessWeeks Info Tech 100. HTCs North American headquarters are located in Bellevue, Washington. This expound its powerful connections with local companies Microsoft and T-Mobile USA, as well as the technologies and services they provide. Reference: http://en.wikipedia.org/wiki/HTC_Corporation HTC mission: HTCs mission is to be the leading innovative supplier of mobile information and communication devices by supposing value-added design, world-class fabrication and logistic and service capabilities. HTC is devoted to driving the rise and capabilities of smartphone technology. Since its formation, the company has developed strong RD capabilities, pioneered lot new designs and product innovations and started state of the art PDA phones and smartphones for attendant and distributors in the global telecoms industry. It has invested in a strong RD team accounting for 25% of the total headcount and a world-class high-volume manufacturing facility, both based in Taiwan. Reference: http://www.htc.com/www/about_htc.aspx HTC Values: At HTC, rates are at the abstract  of all that it do. From medium secretion to achievement appraisals, the rates are used as the basis for the resolution and  feedback. Throughout every interaction and initiative, HTC  values are lived.  They are  our basic elements.   Integrity: Always do what it right. If we stay in this right path it will effect a long-term relationship with the clients. This is a very important thing. Passion: There is a demand to always give the best where ever you are and try to enjoy doing it. Passion is very important for the company, without passion there will be no gain, moving forward. Trust: If you imagine something, do it. HTC can grow more if we build trust with the clients. Change: HTC always change. Because of the fast moving environment, we have to keep in touch. So Change is very important factor for HTC Inspiration. HTC company has to have new inspiration, without inspiration HTC couldnt grow this big. The more you do, the easier, better and more enjoyable work will be.   Reference: http://www.htc.com/www/ HTC Vision, Objectives, goals. Htc goal is to maintain profit. The objectives are to increase costumers to buy their product. HTC vision is to have a good costumer based market, who buys their product. HTC are trying to make a name for themselves by being the most reliable and the most innovative technology in the smart phone business. Samsung Mobile history, organizational structure: The Samsung Group is a multinational company which is in Samsung Town, Seoul, South Korea. Lee Byung-chull was the founder of Samsung Group in 1938Samsung mobile become in the 1983. The parent company is Samsung Electronic founded in 1969. This company makes televisions and other home appliances. Samsung mobile grew throw Sony Ericsson and Motorola mobile companies. Samsung mobile has the first product for car phone and its introduce in 1986. This phone wasnt successful, because of the bad reception and sales. In 1993 Samsung Mobile dropped out the SH-700 series, which was a small a great design better reception mobile phone. With this product and with strong marketing activity it became a very successful business. In 1996 the Samsung mobile get into the American market. Samsung mobile partnered with Sprint company. In this partnership they can sell full capable mobile phones. In the US and in Japan they were astonished by the Samsung great design. In 2009 Samsung Mobile was the 2nd largest (just before Nokia) mobile phone selling company in the world. Nowadays Samsung Mobile have an agreement with major cell phone services just like ATT, Sprint, T-Mobile and Verizon Wireless. Reference: http://en.wikipedia.org/wiki/Samsung_Group Samsung mission: Samsung mission is to be the biggest and greatest mobile phone company in the world. Samsung mission is to have the best designed cell phone in the industry. Samsung objectives, vision, values and goal: Samsung objective are to maintain and create more profit for the company. The vision for Samsung mobile company is to have more mobile device in a great innovative quality. Samsung goals are to have more clients to sell their product.

Tuesday, November 12, 2019

Resisting Negative Peer Pressure Essay -- Peer Pressure Essays

"God made you so you can be your own individual. You shouldn't be anyone else." -- Wyclef Jean "Everything don't mean a thing if it ain't the thing you want. Express Yourself!" -- Charles Wright Remember when you were first taught the concept of peer pres ­sure back in elementary school? Your teachers educated you on the value of respecting yourself and others around you and to nev ­er force someone to do something that they do not want to do. As we get older, the lessons of peer pressure go on without much to say. We experience life and learn from our mistakes. We think that we carry our wits about us every ­where we go when we are with groups of people. We may think that we, as older students, are not subjected to peer pressure, but it happens more times than we think. As students from high school transition into college, times can be rough. They have to get used to their new environment and adapt to any changes that come their way. Someone who was not into the party scene in high school might wind up living on a floor that is wild and crazy, and they will have to adapt to their environment in order to fit in with everyone else. Next thing they know their whole persona changes. They be ­gin to think differently, dress differently, and act differently just to fit in with a group of people. It is crazy to think that a group of peo ­ple can have such a massive influence on one person, but someone’s lifestyle can be changed drastically just by conforming and adopting to other people’s values and actions as they forget about their own. However, peer pressure does not only relate to the party scene. Students can experience peer pressure when it comes to doing well in their classes. If every ­one else is stressing out, you are... ... to dress a certain way or act a certain way, just so that I could fit in with them. I think now is the perfect time to say, â€Å"ain’t no body got time for that!† And that’s just it. Ain’t no body got time for that. Nobody should have time to conform to other people’s wants and needs. We should be surrounding ourselves with people who are accepting us for what we have to offer. However, for some people, they succumb to the peer pressures in college. In college it is all about finding your nitch; what you are good at, establishing a group of friends, and participating in activities and organizations you want to be a part of. College is not about seeking approval from others, it is about seeking approval from yourself. You are the only person that is standing in your way to be successful, so do not let anyone pressure you to do something that will dull your sparkle. Resisting Negative Peer Pressure Essay -- Peer Pressure Essays "God made you so you can be your own individual. You shouldn't be anyone else." -- Wyclef Jean "Everything don't mean a thing if it ain't the thing you want. Express Yourself!" -- Charles Wright Remember when you were first taught the concept of peer pres ­sure back in elementary school? Your teachers educated you on the value of respecting yourself and others around you and to nev ­er force someone to do something that they do not want to do. As we get older, the lessons of peer pressure go on without much to say. We experience life and learn from our mistakes. We think that we carry our wits about us every ­where we go when we are with groups of people. We may think that we, as older students, are not subjected to peer pressure, but it happens more times than we think. As students from high school transition into college, times can be rough. They have to get used to their new environment and adapt to any changes that come their way. Someone who was not into the party scene in high school might wind up living on a floor that is wild and crazy, and they will have to adapt to their environment in order to fit in with everyone else. Next thing they know their whole persona changes. They be ­gin to think differently, dress differently, and act differently just to fit in with a group of people. It is crazy to think that a group of peo ­ple can have such a massive influence on one person, but someone’s lifestyle can be changed drastically just by conforming and adopting to other people’s values and actions as they forget about their own. However, peer pressure does not only relate to the party scene. Students can experience peer pressure when it comes to doing well in their classes. If every ­one else is stressing out, you are... ... to dress a certain way or act a certain way, just so that I could fit in with them. I think now is the perfect time to say, â€Å"ain’t no body got time for that!† And that’s just it. Ain’t no body got time for that. Nobody should have time to conform to other people’s wants and needs. We should be surrounding ourselves with people who are accepting us for what we have to offer. However, for some people, they succumb to the peer pressures in college. In college it is all about finding your nitch; what you are good at, establishing a group of friends, and participating in activities and organizations you want to be a part of. College is not about seeking approval from others, it is about seeking approval from yourself. You are the only person that is standing in your way to be successful, so do not let anyone pressure you to do something that will dull your sparkle.

Sunday, November 10, 2019

A Character From Everyman Essay

Everyman is a medieval play written by an anonymous author. The central theme of the play is that when the time to leave the world is approaching, an individual may end up being betrayed by his or her family and friends, and only good deeds is important at the end. God and religion are also important aspects in this Middle Age drama, because it portrays Everyman’s progress from fear of death to a â€Å"Christian resignation that is prelude to redemption† (115). The characters in the play consist of subjects, verbs, and objects. The main character in the drama is Everyman, but the name is a representation of mankind in general. Everyman asks other characters to follow him on his journey to death. Firstly, Everyman goes to Fellowship who is his friend, but the first to forsake him by suggesting drinking or socializing with women instead of going on journey of death. Secondly, he asks his family members, Kindred and Cousin, to join him on his journey. However, Kindred and Cousin are disloyal to Everyman by reminding him of the things he has never done for them. Thirdly, Everyman refers to Goods, which are Everyman’s belongings. However, he is disappointed to find out that he cannot take his material possessions with him to his grave. Fourthly, Everyman calls upon Good Deeds. Good Deeds is unable to accompany Everyman immediately, but recommends first going and speaking to knowledge. Lastly, Everyman takes Good Deed’s advice and goes to Knowledge. Knowledge leads Everyman to Confession in order for Everyman to acknowledge his sin and be forgiven. Good Deeds rises again and Everyman asks Good Deeds, Beauty, Strength, Discretion, and Five Wits to join him on his journey to death. Although they all agree and follow him, they run away when they approach his grave except for Good Deeds. Therefore, by closing of the play the audience can conclude that Good Deeds is the only character who did not betray Everyman. In conclusion, Everyman is a medieval theater piece that teaches a lesson to the readers about the importance of life, which is that the things an individual does for others during his lifetime are what counts at the end of one’s life. Everyman first thought his family, friends, and belongings would be there when he dies, but realizes that none of that matters when life ends.

Friday, November 8, 2019

Mother courage and her children Essays

Mother courage and her children Essays Mother courage and her children Paper Mother courage and her children Paper Even more than most of Bertolt Brecht’s plays, â€Å"Mother Courage and Her Children† has irony at its centre. Its central events are heartrending: a mother loses all three of her children, and her own chances for a decent life, in violent and even sadistic ways, and continues staggering onward, surviving by her wits and her sheer will. And yet, Brecht wanted his plays to be performed in such a way that the audience would not be seduced into caring for or identifying with the characters. He wrote them so that in their very structure, they would continually remind the audience that they were just actors and that the integral part of the production is not the story, but the meaning behind it. With their rush of disconnected scenes, often framed by explicit narration, cynical violence, cruelty and suffering, Brecht’s plays tend to be the sort of challenge that any director relishes. In the essay, I should like to attempt to convey how I would prepare and direct actors for the last two scenes of â€Å"Mother Courage†. It is often understood that Brecht did not want his actors to embody and express emotions in the way that, for instance, Stanislavski would have typically ask them to. He preferred us to understand the complex realism behind a line like â€Å"Whenever there are great virtues, its a sign somethings wrong. † This poses choices: when Mother Courage has to cradle her dead daughter in her lap, she can either express her agony or she can bear it with stoicism and perhaps humour. I would choose the latter, because from a Brechtian point of view, rather than Mother Courage being an audacious character who earns the audience’s respect, it would portray that she cares more about her business and exploitation of war than her own children surely not an appropriate mindset of a mother. To prepare my actors for this challenge, I would make sure that they had all considered their â€Å"GEST†. This means that they should be prepared to express their characters’ emotion and social attitudes in a clear, stylised way. They should do this by practicing things such as their body language and their gestures. I would want my actors to demonstrate their character rather than trying to make them naturalistic. To do this, they should act as witnesses to the story rather than participants. I would tell my actors to exaggerate their parts so that if someone took a photograph at any time during the scenes, they would be able to tell what the message is that should be coming across. During these last two scenes, I would want the stage crew to be seen on stage occasionally punctuating the action with various percussion instruments, chorally announcing scenes or what is about to happen (and dying as they do so to set the scene as the aftermath of war). I think that this would attempt to break the illusion of a â€Å"fourth wall†. This means that straight away, the audience would be reminded that it is just a play, and they are just actors. I would make sure that the Lieutenant’s character is played robotically. The actor should do this by mindlessly marching onto the stage and speaking in a very monotone voice throughout, even when there is true action going on around him. I believe that this would convey that the Lieutenant has been robbed of his passion and soul because of war. He is no longer a real person just a clone, a pawn in a play about the corrupt effects of war. The three soldiers that are following him should drunkenly stagger onto the stage, pushing each other over and laughing with one another. They should now and again mimic the Lieutenant’s walk and act sarcastically towards him. This idea is to portray that the soldiers have no respect for their superiors. When the soldiers knock at the farmhouse door and the old peasant woman enters the stage, one of the soldiers should clap his hand over her mouth so to stop her screaming. The remaining soldiers should jeer at the sight of the feeble woman squirming with fear. A soldier should then throw the old peasant and his son onto the stage with aggression. A spotlight should appear at Kattrin crouching in the wagon, and as the Lieutenant says, â€Å"There’s one,† a soldier should pull her out and push her onto the stage floor. The peasants should alternate their lines with panicked expressions eyebrows raised, arms flailing, and they should speak very quickly so to convey their alarm at the goings on. This should make it very obvious to the audience what is happening and the messages behind the plot. As the frightened young peasant blurts the fact that he â€Å"don’t know any path†, the soldiers should mock him, repeating what he says in high pitched voices and mimicking his pained expression and as the second soldier bargains with the young boy, it should be evident to the audience that the actors are joking with him cruelly by the fact that the soldiers are grinning to one another. The levels in this scene, with the boy lower down and the soldiers walking around confidently with their shoulders pushed back and their wide strides should illustrate the status between the poor innocent child and the corrupt â€Å"heroes of war†. The Lieutenant and the three soldiers should continue acting their parts in arrogant, stylised ways, whilst the peasants try to bargain and finally give in. When the soldiers leave the stage, led by the terrified young peasant, the three remaining peasants should try to justify the fact that they are not helping the rest of the village. I think that to make this evident to the audience, the actors should say their lines very calmly and thoughtfully: â€Å"There’s nothing we can do, is there? † // â€Å"Nothing. † // â€Å"No, there’s nothing we can do. † The peasant woman should then force the others to kneel and pray. She should say the prayer hurriedly and stutter now and again, so to get the slight guilt that she may have out of the way. I think that this would reveal to the audience that the characters had a choice whether to help the others in the village or to keep themselves safe. They choose the latter, the more selfish choice, and it should be evident that even these supposedly innocent characters in the play, are corrupt. Kattrin should groan regularly in frustration and finally, as she creeps off to the wagon, climbs up the ladder onto the roof and starts beating the drum with such extreme determination, the peasants should abruptly stop praying and run into action. As the characters have talked themselves into thinking that they are doing the right thing, their reaction is even more frantic than before. Even this scene should be missing the kind of frantic, air-raid-siren intensity that it potentially holds, as Kattrin continues to beat the drum while the soldiers, themselves now panicked, try to stop her, to keep her from waking the village. Kattrin’s role should seem more stolid and deliberate than desperate and driven by adrenaline. This should really be the only part in the whole play where I would like the audience to feel something more than morality being thrown at them. I would like them to feel for Kattrin, whether it is frustration or admiration. The soldiers should seem to have all the time in the world to shoot her from her perch, just too late to prevent her from raising the alarm. They should be even more aggressive now, shouting at the dumb girl as she carries on drumming. I would ask the stage crew, still sitting on stage, to join in with drumming steady beat, so to again remind the audience that although this scene is full of passion, that is all it is, a scene in a play. As the soldiers start to chop wood manically, Kattrin becomes more and more upset, the actor showing this with tears in her eyes and peering around aimlessly, she carries on the steady drumming. To make it obvious that the girl is listening to the Lieutenant and his soldiers plotting something, she should put her hand to her ear and strain her expression. When she realizes that her drumming has worked, the actor should stop the beat, smile, continue drumming again and laugh manically. The actors playing the soldiers should be outraged at this, making it obvious that the roles in status have evidently been reversed. The scene should go on with quick pace, with the young peasant hitting the wagon with a board, the peasant woman screaming at Kattrin and her crying and distressed noises and expressions. Finally, the soldiers fire their guns and after a few more feeble beats, Kattrin should collapse, dead. Muffled noises of canons, gunfire and alarm bells should be heard so to remind the audience of the aftermath of war. The next morning, Mother Courage sits by the dead body of her daughter, ignoring the peasants words, denying the fact that Kattrin is dead: â€Å"Maybe she’s fallen asleep† and singing to her. As she is singing, I would like the actor to pick Kattrin up and cradle her in her arms, stroking her hair. When the fact that Kattrin is dead finally dawns on Mother Courage: â€Å"She’s not asleep†¦ she’s gone, you must get away†, with no hesitation, she should drop her dead daughter back onto the floor and cover her up with a cloth. She should speak to the peasants as though Kattrin was useless and swiftly pay the peasants for the â€Å"proper burial† without a second though. As Mother Courage harnesses herself back into her wagon, I would like for the audience to hear background noise depicting war. She glares back at her dead daughter as she complains to herself: â€Å"I hope I can pull the wagon by myself†, and with just one look back, the actor should run after a regiment screaming â€Å"Hey! Take me with you! † To end the play, the audience should hear the soldiers singing monotonously: â€Å"Dangers, surprises, devastations / The war takes hold and will not quit. / But though it lasts three generations / We shall get nothing out of it. / Starvation, filth, and cold enslave us. / The army robs us of our pay, / Only a miracle can save us / And miracles have had their day. / Christians, awake! The winter’s gone! / The snows depart. The dead sleep on. / And though you may not long survive / Get out of bed and look alive! †.

Wednesday, November 6, 2019

Becoming a Father and Husband Essays

Becoming a Father and Husband Essays Becoming a Father and Husband Essay Becoming a Father and Husband Essay Many people can probably identify a special time in their life and they may also be able to tell a lot about it but when it comes to being a father there just isn’t much to compete with. In this essay I will tell you all about how becoming a father became a special time in my life and how it blessed me to no end. I will tell how it scared me when I found out I had a son, I will tell how I adapted to becoming a true man, and husband, and I will tell how I was finally blessed with a beautiful baby girl so I hope this is something you enjoy. As a young man live was enjoyable, sure. Life was always giving to me and my free time, not having any responsibility was probably the best thing at that point in my life I just loved living like there was no tomorrow. Eventually, that was all to change, I was living in Corbin, KY at the time when I got a call from my mother telling me she has some news that I needed to come in as soon as possible, so as the next morning soon approached I woke up packed up and came back to Harlan County, KY where I found out that I had a 10 month old child he was a beautiful baby boy and he looked just like me. My mind was unsure I was very scared at the time I wasn’t ready to be a father I wasn’t ready for responsibility nor commitment to him, even with fear in my heart and hesitation in my mind I went for it I took him for the first weekend and never realized how truly amazing it was to spend all that time with him. I fell in love and was so happy I went through with having him for m yself every other weekend. Becoming a man was very hard, I know you’re probably thinking, well, why would he call it a man? Because, a man is someone who steps up to the plate who takes a swing no matter how hard the throw, and that’s exactly what I done even thought I was very scared and worried about this new step I was willing to change everything that I loved to take on this new journey. After a year or so I had become on

Sunday, November 3, 2019

The Relationship between Fashion and Art Assignment

The Relationship between Fashion and Art - Assignment Example This assignment discusses if the fashion belongs in an art gallery, how the fashion and art collision are defined. To identify the similarities and differences of fashion and the field of art, the research will focus on the changes that the industry has experienced over the last 10 years. Starting from the year 2005, it will be possible to observe the historical transformation of the two fields and examine any relationship between the two. The main focus of this research is to identify the difference between art and fashion and the way the two relate. Over history, the topic of the relationship between fashion and art has been of great importance. A controversy exists among scholars as some agree that fashion and art are close to each other while others believe that they are two different fields. Those who support the idea say that fashion is a manifestation of art and the two change in the same style. They are dynamic and they have to change with time. Those who view fashion and art as separate entities explain that Art produces ugly things that become beautiful with time, while fashion produces beautiful things that become ugly with time. On this note, there seems to be no major concession on whether there is a major relationship between fashion and art. By focusing on this topic, it will be possible to focus on the question of when fashion can be seen as art or vice versa. As a student of films and arts, the concept of fashion and art are relevant and one must have a clear understanding.

Friday, November 1, 2019

The efficiency of Wind Turbines Essay Example | Topics and Well Written Essays - 750 words

The efficiency of Wind Turbines - Essay Example It turned into an obstacle on the way to prosperity for many states. Moreover, our environment is changed because of air pollution that leads to global warming. Thus, the problem needs an urgent solution. The solution should respond to all the needs connected with energy supply and environmental protection. Thus, it is essential to consider the types of energy, which are not harmful for our environment and renewable at the same time. This paper will discuss the wind power as a type of renewable and ecologically good energy. The main goal is to prove that wind power should be considered by the countries of the world as an alternative. The advantages of wind turbines Speaking about wind power, it is essential to mention that it is considered to be the one of the most perspective type of energy. The power is generated by means of wind going though the turbine motor. Wind turbines do not need any fuel to produce energy, thus there are no emissions. Actually, it is currently used in many fields as it is ecologically good and inexhaustible. There are many reasons why it attracts so much attention. Before, people used windmills to work with water, but now people already consider wind to get energy. A great number of states plan to use wind turbines as they start to trust wind energy. Wind power helps decrease the use of exhaustible resources such as oil and coal. The kinds of wind turbines There are two kinds of modern turbines that produce wind energy. They have different design: horizontal axis and vertical axis, while horizontal axis design is more widespread as it is considered to be more suitable. Horizontal axis wind turbines are highly developed and financially feasible. Their sizes and shapes may vary, but they have one common feature: they look like their ancestors – windmills. Now horizontal axis wind turbines are widely applied in the world to produce clean electricity that does not pollute the air we breath. Horizontal axis wind turbines are very ef fective â€Å"today these machines are proven: they are used throughout the world producing clean, affordable, and sustainable electricity. Modern horizontal axis wind turbines produce electricity 70-85% of the time (whenever the wind is over 7-8 mph)† (Types of electricity generating wind turbines). In contrast to horizontal axis wind turbines, vertical axis wind turbines are not widely used, notwithstanding that they have some advantages. They are not so reliable and very often work poorly, thus they are not so successful at the market as horizontal turbines. Many experts state that they are simply not ready for exploitation. However, scientists do their best to improve the characteristics of vertical axis wind turbines. Moreover, new technology is being currently invented: â€Å"To ensure  wind turbines  that are big in size work in a better manner, a new kind of air-flow technology may soon be introduced. Apart from other aspects, it will focus on efficiency of blade s used in the wind turbines. The technology will help in increasing the efficiency of these turbines under various wind conditions† (Increasing the Efficiency of Wind Turbine Blades). Wind turbines are also different by their capacity, they can be smaller and bigger. Big ones can produce energy for the whole cities, while small are mostly used for households, where there are problems with the access to electricity. Contra argument Despite all the advantages, wind power appears to be very expensive, thus many countries do not consider such opportunity. However, the technology is being improved and the opportunities to reduce the expenses grow. Now many countries consider the possibility to replace the exhaustible energy that is harmful for our environment with wind energy. The expenses on this kind of power are high,

Wednesday, October 30, 2019

Corporate Strategies Assignment Example | Topics and Well Written Essays - 2000 words

Corporate Strategies - Assignment Example With its vision of enabling its customers to make the most of their world and possibilities though the services it offers, O2 plc (O2) accomplishes its commitment of providing mobile communication services in Europe. The business organisation also profits from its leading mobile internet portal business. Armed with its values of being bold, trusted, open, and clear, O2 continues its quest to become the telecommunication industry's market leader. The creation of O2 in the 1990s can be traced backed to the decision of British Telecommunication to "demerge its mobile phone business" in order to strengthen the financial position of the latter. From its beginning, the firm is currently a major player in the various nations where it operates including the United Kingdom, Republic of Ireland, Germany, the Isle of Man, and Asia. As the business organisation is focused on satisfying consumer needs, O2 strategic business units are classified according to their geographic locations. It should be noted that the products being offered varies in each region (O2 Plc 2006). The major products of O2 are mobile telecommunication equipments which are either paid through installment plans or pre-paid. With its thrust to provide the market with higher quality products, the company offers complementary services like third generation telephony (3G), O2 Active, I Mode, and O2 Online. O2 also ensures the satisfaction of customers by offering product features like entertainment through its sponsorship of the England Rugby Team and Arsenal FC and partnership with Anschutz Entertainment Group (O2 Plc 2006). III. Competitive Position in the Industry Environment As stated above, O2 Plc operates in different geographic locations, battling head-on with various competitors. Table 1 shows the geographical locations of firm's business activities alongside with its competitors in each region. It can be deduced that O2's direct competitors are Orange SA (Orange), T-Mobile, 3, Vodafone Group Plc (Vodafone), Virgin Mobile Ltd. (Virgin Mobile), Meteor Mobile Communications Limited (Meteor), and e-plus. Table 1. Geographical Location of O2 and its Main Competitors Geographical Region Major Competitors United Kingdom Orange, T-Mobile, 3, Vodafone Ireland Vodafone, Meteor, 3 Germany T-Mobile, Vodafone, e-plus Czech Republic T-Mobile, Vodafone Slovakia T-Mobile, Orange In order to look at the relative position of O2 Plc relative to its competitors in the United Kingdom, this report will look each business organisation in terms of market scope, number of customers, financial performance, market growth, products and services sold, and factors affecting business well-being. The main findings including the data for O2 are tabulated in Table 2. Among all the players in the global mobile communication industry, Vodafone holds the largest market share at 26.8%. The business organization is recognized as the largest mobile telecommunication company in the world with a market value of 65 billion (Vodafone 2006). It is estimated that the market leader approximately has 186.8 million subscribers in the 27 countries where it conducts its