Friday, June 21, 2019
The Unique Aspects of Bristol University Essay Example | Topics and Well Written Essays - 500 words
The Unique Aspects of Bristol University - Essay ExampleA prerequisite to attend a business school with a programme as rigorous as Bristols is to be driven and motivated at an early age. Since my early teenage years, my uncle Marmon Aspadi, a graduate of the Bristol University, has encouraged me to apply. He must have seen in me the attributes necessary to succeed at the university. Through my study of A Level Mathematics and Further Mathematics, I am extremely competent in the field of mathematics and statistics, which are the core theoretical frameworks of an economics degree.Being an Indian citizen who has resided in the Middle East my entire life and witnessed firsthand the boom and pause of my hometown Dubai, my personal and academic backgrounds would be instrumental in contributing to the schools immense cultural diversity. Furthermore, my living experiences abroad have only beef up my understanding of the interconnectedness of the global economy and the role it plays in busi nesses throughout the world. Bristol provides the human landscape of internationalism that offers multidimensional perspectives needed to understand global trends and local anaesthetic realities. I believe that my broad international perspective would contribute to this environment.My interest in the field of business is genuinely innate and extremely strong. I simultaneously believe in the importance of a well-rounded education. Bristol would provide the opportunity to challenge me through the interdisciplinary study offered at the College of Arts & Sciences. A soprano degree across the two undergraduate schools is certainly what I would want to achieve if admitted to Bristol.
Thursday, June 20, 2019
Exchange rate regime in Kazakhstan Essay Example | Topics and Well Written Essays - 2000 words
Exchange locate regime in Kazakhstan - Essay ExampleKazakhstan has achieved highest economic growth rate amongst its sister countries during 2001-2008.It reached one-year GDP of as high as 9.8 percent in 2000 and over 8.5 percent in 2007.Primary resources of higher revenues include natural gas, oil, zinc, and copper (USAID, 2008, p.3).This paper explores Kazakhstans win over rate regime over a period of time.Pegging Tenge against US dollar, Kazakhstan opted for an unsanctioned policy of a soft fixed rate regime in 1993.Soft convince rate regime as compared to stringent regime refer to a regime that repositions the nurture of its domestic bullion more frequently. Tenges initial value was fixed at the rate of T5 for every US dollar. Par value indicates the rate on which the domestic government agrees to defend its own currency in order to keep the fixed ratio betwixt domestic and foreign currency (Burke, 2009).According to Begg, Fischer, and Dornbusch, the commitment to fixed ex change rate may built snobbish sectors trust on government when it comes to creating inflation, as it only makes the country uncompetitive (2003, p.484).In fixed regime, the government agrees to maintain its domestic currencys value at a fixed rate. The Tenge is convertible, Central Bank of Kazakhstan is able to sell and buy in order to maintain the exchange rate equilibrium (Burke, 2009).Burke (2009) further explains that the Tenge is overvalued as compared to the US dollar. Under fixed exchange rate regime, devaluation means decline in the nominal exchange rate between Tenge and US dollar. However, Blanchard (2006, pp.380-383) warns that devaluation of the nominal exchange rate directs to real depreciation.Instant impact of currency devaluation appears in declining real exchange rate and enhancing the countrys competitiveness. It allows reallocating the resources in order to support domestic industries
Wednesday, June 19, 2019
Influenza Outbreak of 1918. Could it Happen Again; World War I and How Essay
Influenza Outbreak of 1918. Could it Happen Again World War I and How This War Impacted America. Did it Change the World Forever Reasons w here(predicate)fore the Stock Market Collapsed in 1929 - Essay ExampleThe American involvement in the war is considered the result of several important factors, as follows first and foremost, here should be mentioned the distinctive pro-American British policy and American elites pro-British sympathies, which became a reality after the Great Rapprochement between Britain and the US in the late nineteenth and early twentieth centuries (Buchanan, 1999, pp.193-5). Second, the widespread American dislike of militaristic Germany was strengthened by the British propaganda while Americans generally sympathized with France, accept they owed it a debt (Buchanan, 1999, p.196). The immediate motive behind Americas entry into the war was the sinking of the Lusitania on May 7, 1915 (Buchanan, 1999). However, financial and commercial interests certainly stuc k give away by the time of American entry into the war, US banks extended over 2 billion dollars to the Allies (Buchanan, 1999).Consequently, despite the relatively modest contribution to advantage on the western front during the hardest fighting of the war in 1918, the American Expeditionary Force captured 43 300 prisoners and some 1 400 guns the US received recognition of their power, mainly due to their economic might, as well as the prestige and popularity of Woodrow Wilson (Strachan, 1998).
Tuesday, June 18, 2019
Case Study - Small Business Management Example | Topics and Well Written Essays - 2000 words
- Small Business Management - Case Study ExampleWithin three years (1997-2000), profits increased by 350%. OBO is Simons third business concern venture and he has learnt considerably from each undertaking.Simon invests heavily on research and development which fuels his desire to improve his existing products and to develop new ones. He has in like manner kept up with the changing technology and quips a website that encourages customer focus groups, gives playing tips, product information and in addition sells the product online. Simon believes that consumer market research is of the essence(p) in product development. At present, OBO has a very strong distribution network and a formidable brand value.OBO is a strong company and has a far sighted CEO Simon Barnett, who has over a 20 year experience, ranging from manufacturing table tennis table to selling and distributing hockey equipment for Ishan. Eventually however, he also went into production and specialized in making protec tive hockey equipment for goalies. Simon is an ambitious individual, a visionary leader who believes in managing by setting his own examples. He is a creative person who invests heavily on product research. Simon is of the opinion that it is important to bring changes in the product so that it seems fashionable as puff up as useful to the customer.His sound distribution networks and brand value has made OBO the market leader in its industry. Simon holds a strong relationship with his agents and also with his customers. He encourages his customers to express their opinions and ensures that new products be made keeping in mind the customers changing needs. Moreover, OBO gives a lot of attention to product quality which is their key hawkish advantage. Although OBO operates in a niche market, it is salvage a big name. It is doing well in the market and had a profit of $450,000 in the year 2000.However, if OBO decides to step into a new market of making cricket equipment it will be b ig change for the company. This big change brings with it a lot of risk. Simons financing policy has always been to avoid aver loans. He prefers to reinvest his retained earnings. For a venture as huge as cricketing equipment, heavy investment will be needed and with Simons current policy this dissolve be a huge gamble.OBO has limited staff and a new venture would certainly mean expanding the personnel base. Apart from this, Simon depends very strongly on 2 key personnel. Simon acts as a facilitator and the manufacturing and designing sides are looked after by two men. Such excessive reliance can be unplayful as even if one of them quits, Simon can be in big trouble. Although Simon has ample experience in business, a cricket venture will still be a new area. The requirements of cricketing equipment will be very different from hockey as the two games vary greatly in the way they are played.External EnvironmentIn terms of opportunities, there are many. OBO operates in a niche marke t and in comparison cricket will offer a bigger market. For hockey a team would at a maximum need 2-3 pairs of protective pads, but for cricket, all the batsmen will need pads on with the wicket keeper. If OBO is able to manufacture pads that are lighter and allow players more speed and agility then there will certainly be a lot of scope of the product. Also cricket is a game that is more popular all over the world and is played by many countries at a national level. With time, OBO can also expand towards
Monday, June 17, 2019
Organizational Forms Essay Example | Topics and Well Written Essays - 1750 words
Organizational Forms - Essay ExampleThe major(ip) characteristics of sole proprietorship are as follows financial obligation Liability is the biggest disadvantage in sole proprietorship organizational form. In sole proprietorships, if the concern suffers huge amount of dues which cannot be recovered from revenue, the owner depart be personally liable(p) for paying the entire amount. On the flip side, if proprietor possesses unpaid dues, the creditors can even realize those from the business assets (McGuire, Woods & McLean, n.d.). Income revenue enhancement Sole proprietorship business is a taxable unit. In this business form, there is little opportunity for tax planning, as the owner is completely liable to pay all the taxes derived through income (McGuire, Woods & McLean, n.d.). Longevity or continuity of the organization The longevity of sole proprietorship business depends largely on the creation of its owner (Beatty, Samuelson & Bredeson, 2012). Control In sole proprietors hip, the business owner has the entire control over the resources and business decisions which is a large advantage of sole proprietorship (AllBusiness, 2007). Profit retention The other advantage of sole proprietorship business is that it allows the business owner to enjoy complete profit retention (McGuire, Woods & McLean, n.d.). ... p business is quite easy to set-up with minimum capital however, it significantly depends on the financial ability of the proprietor (McGuire, Woods & McLean, n.d.). General Partnership General confederation is the second type of organizational form which denotes business relationship between individuals forming independent organization through mutual contracts. Liability Liability is an advantage in general partnership because each business associates are mutually and individually responsible for every facet of the business including profit/loss or major decisions (McGuire, Woods & McLean, n.d.). Income taxes Similar to sole proprietorship, general partnership organizational form has a single level of taxation. This type of business does not fall at a lower place the taxable unit, rather it is considered as a tax reporting unit (McGuire, Woods & McLean, n.d.). Longevity or continuity of the organization Longevity is a significant disadvantage of general partnership. There is supposed to be specific time duration for the term of general partnership. The longevity of general partnership depends on the contract. Whenever a partner is discharged from the contract, the other existing partners can take over the vacant place or they can even decide to wind-up the complete business (McGuire, Woods & McLean, n.d.). Control Each business associates possess equal level of control on business decisions (McGuire, Woods & McLean, n.d.). Profit retention Business associates function the gross profits in between themselves and are taxed independently (McGuire, Woods & McLean, n.d.). Location The taxation in general partnership relies on th e principal regulations spot where revenue has been generated (Beatty, Samuelson & Bredeson, 2012). Convenience or burden A common burden in general
Sunday, June 16, 2019
Governance Regulations and Ethics in the UK Essay
Governance Regulations and Ethics in the UK - Essay ExampleGovernance Regulations and Ethics Task 1 Economic Recession 1.0 Introduction In the book, in chapter one, there is a lot of emphasis on incorporated responsibility towards honourable issues in management so as to conform to international castigate standards where the guidelines and management principles that conform across countries and cultures. In the film, it is clear that most countries especially America made attempts to set into place control mechanisms through various acts so as to ensure honest and moral conduct in business. The book brings into focus the dishonest by the investment companies when they undertook to promote internet stock companies they were quite aware would fail. This was in an attempt to precipitate the crisis by, in fact, defrauding innocent investors. This resulted in derivatives. This is an outright case of dishonest as business terms require such loyalty and obligation in the management of the corporations by people charged with the responsibility whether CEOs or employees. 2.0 Issues in the Movie Covered in the Existing incarnate Codes 2.1 The UK Corporate Governance Code of the year 2010 The UK Cooperate Governance Code of the year 2010 is mainly included with the aim of establishing a well a created room of governors for accompany or corporation through principles and rules, as opposed to rigid rules. The main Aim of the code is to ensure proper directorship of companies through the underlying principles of accountability, transparency, probity, and discernment into sustainable succeeder. It is clear that the financial crisis as reported in the movie, The Inside Job was as a result of management of the business with the aim of success but without consideration of the eventual effect of such practices, which were fraudulent, in nature. This is in the book which defines better and acceptable ethical practices in the corporate world 2.2 Flaws in the Implementation of the Code Although the code in section 4 about governance sets out the moral practices of an organization through sound and upright mesa behavior, implementation, and adherence are not a guarantee. This is evident in the movie since the CEOs of the investment companies did not actually follow the guidelines, though they existed. The Lehman Brothers, for instance, ignored the moral and ethical guidelines and continued promoting borrowing to firms without the capability to remain in the market with that clearly in their knowledge. The firm had to crumble and come down in 2008. 2.3 Role of corporate Leadership in Disregarding the Code Leadership of the chairman of a board, the support is given to and by the chief executive officer and the openness and truthfulness to discussions by the directors is the key in this endeavor according to the governance code.
Saturday, June 15, 2019
Contract Law As the basis of Business Law Essay
generate Law As the basis of Business Law - Essay Example law of nature has do exceptions in the acceptance of an offer. Acceptance is the words, writing or conduct of the offeree that signifies consent to the agreement proposed by the offeror. When we view The Sale of Goods Act 1979 Part II S4-How a Contract is Made- and s (1), the statute states the spectrum of contract formulation. Additionally, we find the principle of acceptance by conduct when we view Brogden v. Metropolitan Railway Co. 1877 2 App Cas 666. Adam and determination entered into a simple contract, which empennage be oral, written or both. Simple contracts can be held valid in court. Particularly in a clientele transaction the court makes the presumption that the parties did have the intent to become licitly bound. Of unravel the presumption can be disputed by either party, and the disputed party must proved to the court that his intent was not to be legally bound. Failure to convince the court, the court wil l then adjudicate the case by means of the relevant Presumption. I would advise Adam that he has in fact created a binding contract with Mark. We find adjutant conversations in Rose v. Crompton Bros. (1925). concerning the talk of not having a written and signed contract was of itself a recognizable legally bindingagreement. The court concluded that contracts had been created, and the defendant in3 failing to execute them, were in breach of contract.... From this research, it is clear components 1-4 were inherent of the agreement and points 5-6 of the component list were not evident. Moreover, there was a legitimate offer made by Adam to Mark, to which they subsequently agreed verbally on price and terms of the contract. Albeit the communication of offer and acceptance were made verbally on the phone the law has made exceptions in the acceptance of an offer. Acceptance is the words, writing or conduct of the offeree that signifies consent to the agreement proposed by the offeror. When we view The Sale of Goods Act 1979 Part II S4-How a Contract is Made- and s (1), the statute states the spectrum of contract formulation. Adam and Mark entered into a simple contract, which can be oral, written or both. Simple contracts can be held valid in court. Particularly in a business transaction the court makes the presumption that the parties did have the intent to become legally bound. In conclusion, of course, the presumption can be disputed by either party, however, the disputed party must prove to the court that his intent was not to be legally bound. Failure to convince the court, the court will then decide the case by means of the relevant Presumption. In S (4) s (a) of the Unfair Contract Terms Act of 1977 states that only to business liability, that is liability for breach of obligations of duties arising from things done or to be done by a person in the course of a business (whether his own business or anothers).
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