Construction scenario Essay Example | Topics and Well Written Essays - 1000 words

Construction scenario - Essay Example There are three modern partnership forms: general partnership, limited partnership and LLP or limited liability partnership (Types of Partnerships, n.d.). In the situation given, Lou and Jose’s partnership takes form of general partnership while Miriam is their limited partner. Miriam invested her money to earn profit but will not be in charge of any business doings. In general partnership, the partners share equal rights and responsibilities in connection with managing the business. Having an agreement made orally or in writing, any of the partners can bind the entire group to a legal obligation. Since all of the partners have equal control, each of them assumes full responsibility for all the duties and losses of the business. Although, Jose and Lou’s personal liability is frightening, this responsibility comes with a tax advantage. The partnership profits are not taxed to the business but the taxation policy requires each of them to pay individual taxes. Because of t his, both of them have their own gains in their individual tax returns which are at a lower rate. Miriam, on the other hand, has limited partnership with Lou and Jose. ... Â   Â   Â   The second scenario is about the Akiva and Tara who want to start their professional practice by opening a birth clinic after having completed all educational and experiential requirements to be licensed as obstetrician. To finance the start-up cost, the two decided to take out a large loan. To help Akiva and Tara, they should be able to know more about business loans. The following are some of the most important tips when planning to have a business loan: get everything in writing, be careful when offering your security, understand loan agreements, avoid signing releases and waivers, and lastly, know your rights. As borrowers of money, Akiva and Tara need to make sure that everything is specified in writing. There may be oral promises and agreements, but they need to rely and follow those in writing. Secondly, they should make sure and be careful of what they are offering or enlisting as their security. One of the general guidelines of making a loan is not to offer se curity that when taken away can greatly affect your life. Akiva and Tara should be careful because there are some lenders who ask more than what is needed. Before entering into a loan, Akiva and Tara should fully understand the agreements and the legal doctrines before signing. It is advisable that they hire their own lawyer to protect their interests especially before signing waivers or release. Thus their lawyer could help them understand everything and explain to them the possible consequences of their waivers. Most importantly, Akiva and Tara should know their rights as borrowers. It is prudent to be cautious to avoid problems in the future. After they were

Write an appraisal Essay Example | Topics and Well Written Essays - 250 words

Write an appraisal - Essay Example Her skills in terms of team building are exceptional. She has the ability to create an environment that is team-oriented. She is capable of transforming a group to a team. She is also focused on strengthening the relationship among the members of her team. She is able to come up with fresh ideas that can be used to enable the improvement of the quality of the output. She strictly adheres to all the instructions provided to her formally. She also takes interest on increasing her knowledge in regards to any given job. As much as she makes she makes decisions carefully, and can solve the simple problems, she also has to learn how to solve the complex problems. I recommend enough exposure to the difficult problems for her so that she can be able to learn out of them. She needs to be exposed more to the people who are at the top management of an organization, so that she can be able to learn more on how to communicate with the top management people. She also needs to be exposed to more clients so that she can be able to develop excellent communication skills in regards to

Challenged Questions 4,5,6,7,8,9,10 Essay Example | Topics and Well Written Essays - 1750 words

Challenged Questions 4,5,6,7,8,9,10 - Essay Example 3. Forward pricing makes sense when firms are launching products and the strategy is to ensure that in the initial stages, forward pricing is competitive in the hope of increasing sales later on as well as having an outlook that is bullish on the potential of the product. 4. Centralized decision making is effective when goods are mass produced and sold on a large scale whereas decentralized decision making is effective when the products are targeted at niche segments. The lower wages in the former scenario as well as the higher wages in the latter scenario are justified by the pricing of the products. 5. The differences between these two strategies lies in the way in which marketing costs dominate for export related strategy whereas manufacturing costs dominate for import related strategies. The management control issues that these firms face would be in the sphere of having less control when they operate in nondomestic markets in a manufacturing capacity whereas they would have more control when they are operating in a non domestic market in an import related capacity. 2. It does not seem paradoxical to me because there are certain aspects of products that are not imitable and these are the patented features. Hence, the way to resolve this paradox is by making products that are have unique and distinctive features. 4. It is not the case for firms operating in monopolistic competition as the firms need to be efficient to pursue a product differentiation strategy which needs niche investments and expertise in making unique products and services. 1. Backward integration often results in maximizing efficiencies across the value chain and hence ensuring that firms gain competitive advantage. The opportunism of vertical integration is that firms can leverage upon the entire supply chain as opposed to some parts of it in backward integration. 2. The threats

Advanced Management and Design in Yotsuba Group Assignment

Advanced Management and Design in Yotsuba Group - Assignment Example Before the implementation of this type of network, this report acknowledges the fact that there are two types of networks that will be implemented in this setting. The report proposes that the company adopts a wired and wireless type of network system infrastructure (Akyildiz, Wang, & Wang 2005, p 123). This organization is highly reliant on a computer network. The downtime cost may be extremely high. The information technology department will be responsible for the maintenance and upgrades of the computer network (Biswas & Morris 2004, p 234). The greatest concern with the implementation of a wireless network is the security that will need to be implemented when installing an enterprise wireless LAN. Therefore, this document is aimed at providing a technical guidance to Yotsuba Group for the proposed deployment for the Wireless LAN (WLAN) Other floors will contain an equal population. Since the organization has a population of 290 employees, the network designers will work on the assumption that each floor will have an approximate number of 40 employees per floor. It will also be impossible to set individual offices for these employees, therefore, they will have an open office which will be structured in the following way; Each flow will have a design that will approximate;y have the same capacity. They will be wired and wireless connections to facilitate those employees who choose to come to work with their own computing devices. The figure below represents the cubicle arrangement that will accommodate four individuals. This, therefore, means that there will be 10 such cubicles in one flow with both a wired connection and wireless connections. The following questions were important before the deployment of the wireless network connection that would fit the needs of the 8 floor newly acquired Yotsuba Group building (Forman, &Zahorjan, 2004, p 214).

In English Employment Law the Issue of Employment Status is Almost Essay

In English Employment Law the Issue of Employment Status is Almost Exclusively one for the Courts to Decide Upon - Essay Example The basic distinction between employee and self employed person is that employee has to serve under the employer with certain terms and conditions whereas the self employed has to work under the contractor for specific job on fixed payment. Another simple way of distinguishing employment from self employment is: a) buying an employee or b) buying a service1. Employment Tribunals Act 1996 provides the formation of employment tribunals. It comprises of judge and two lay members. Most of the times tribunals deal with the employment disputes leaving few exceptions where a judge has to sit alone2. The Tribunal can hear and decide the case if it falls within the ambit of the given acts: a) equal Pay Act 1970 breach of equality clause in contracts of employment b) employment Agencies Act 1973 application by the Secretary of State for a prohibition order c) sex discrimination Act 1975 d) race relations Act 1976 e) Section 230 (3) 19963. Employment Tribunals Regulations 2004 governs the proce dures of employment. The tribunal in question examines the nature of employment with specific reference to the relationship of an employee and the self employed. The decision of the Tribunal is binding on all stake holders. In such cases, if affected employees hire the services of a solicitor he / she have to bears the fee4. The aggrieved party can challenge the decision of lower judiciary in the Court of Appeal or in the Supreme Court as the case may be. The apex court while dealing with the employment cases frequently refers the judgments of House of Lords5. The Supreme Court can: a) affirm or set aside the impugned orders of the subordinate courts b) Order subordinate courts to retrial the case if found that the trial was not fair6. The terms that create confusion in the trials are ‘implied’ and ‘irrelevant’. Employment status is determined on the basis of actual relationship. Court has its own guidelines which prevail in the event of any dispute. One qu estion that arises is that why should the two parties be in dark over this issue for a considerable amount of time. Many workers carry on their duties under the employment status labelled on them by the employers. This goes on for months and even years. There should be a rigid framework that prevents workers from living in ignorance or being completely oblivious to the benefits they can receive from a change in their employment status7. Control Test One of the most important tests to determine the employment status is the Control Test. This test determines the manner in which the work is done8. In the ancient times most of the workers were unskilled. Now there has been a dramatic change in the labour market. Workers are skilled and have in-depth knowledge about their work as compared to their employers. As mentioned earlier, changes in the working styles of corporations and individuals have made the control test less effective in many ways. The problem multiplies when dealing with s killed workers who are not under the direct control of the employer / client, but an integral part of the organization9. Of course there are strengths and weaknesses in control test. Many factors can be considered in the physical control such as presence at work, timely completion of task and the quantity of work given to workers. But with skilled workers who decide their own pace and timing may not be under direct ‘

How Safe are Federal Regulations on Occupational Alcohol Use Essay - 1

How Safe are Federal Regulations on Occupational Alcohol Use - Essay Example There are various rules and regulations that have been set by the federal system to control alcohol consumption among workers in different social and economic sectors. For instance: Specific rules and regulations to control alcohol use in the transportation sector, construction sector, manufacturing, and military as well as among the police. However, previous research show that the normal and legalized alcohol consumption has presented accidents at work places as well as poor productivity which in most cases are not identified by employees and their employers. Occupational accidents resulting from alcohol consumption by workers and their employers usually go unnoticed due to the fact that; there has not been proper research conducted in order to depict performance among employees working under the influence of alcohol. Alcohol consumption has various effects on the performance and the safety of workers which can be extant or can occur the next day after consumption. These effects are categorized according to the pattern in which they affect the workers: Residual effects which can exhibits different patterns of impacts. It generally connotes the physiological, behavioral and characteristics that may result from heavy alcohol consumption after episodes of heavy drinking and when the Blood Alcohol Concentration is at zero. There are also acute effects of heavy drinking that may occur immediately or after long periods of time such as cancer, weight loss and severe impacts of the reproductive system (Howland, J et al.2006). The effects of alcohol may be notice from several physiological and psychological abnormalities such as headache, fatigue and nausea. Residual effects of alcohol affect various organizations at different levels for instance; among the aircraft and automobile operators, researches have shown that: Decreased performances among pilots and military jet operators have been noticed after periods of heavy

Speech Perception and Language Processing Essay Example | Topics and Well Written Essays - 500 words

Speech Perception and Language Processing - Essay Example WM has three systems with interactive mechanisms (Montgomery, Magimairai, & Maianisha, 2010). WM enables language comprehension in children of different ages. Though they are affected by the surrounding environment, WM plays an important role in processing of all incoming input on these children. Through the different systems that cooperate and coordinate with the working memory, language development is easily achieved in a normal child. However, the system has a fine attention to resources such as the mental energy that is always controlled in a flexible manner to achieve all bodily functions more easily. Children with specific language impairment normally do not have an impaired WM (Montgomery, Magimairai, & Maianisha, 2010). On the contrary, they also exhibit nonverbal intelligence unlike children with specific language impairment. Also, there are less or no developmental disabilities such as autism. From various researches that have been conducted by various institutions, children with specific language impairment rarely have limitations in working memory. In most cases, these kinds of children represent a heterogeneous population that has a language deficit depending on the surrounding nature. Most of them demonstrate working memory limitations according to these reports. Additionally, children with specific language impairment have a very slow vocabulary growth. Mostly, they have trouble in practicing and learning new words. The reason behind this is that they have a problem in encoding and storing new words in their memory. Hence, we can clearly affirm that children with specif ic language impairment have an impaired working memory. According to an article published by Montgomery, children with specific language impairment normally have a deficit in working memory especially in typically developing children (Montgomery, Magimairai, & Maianisha, 2010).