My Personal Career And Continued Professional Practice

This essay is concerned with my personal development and continued professional practice through the skills that have been enhanced this year. Firstly reflecting on my personal development, considering what my original expectations were and how it has changed. Whilst discussing self esteem and the experiences of over coming challenges whilst making friends and how that has impacted my learning. Secondly the focus on professional development, time management skills that have been improved as well as ICT and organizational skills. It considers Gibbs (1988) and Kolb (1984) reflective cycle and Charles Cooley s looking glass theory (1964) and how this reflects on my practice. Lastly discussing how my personal pedagogy has been transformed into knowledge gained from theoretical frameworks expressing an understanding of different psychology schools such as Piaget (1936) cognitive development and Vygotsky (1978) Social Development theory. Furthermore considering, Bowlby (1973) attachment t heory and Bronfenbrenner (1979) bio-ecological system and there impact on Early Years development. Finally concluding with how the knowledge gained in this degree course has determined my personal pedagogy as well as my future plans. Prior to the commencement of this course I had preconceived ideas of what the work load would be, based on previous courses taken. The notion of being given all the information and advised exactly what to do was my unrealistic expectation for a degree course. AShow MoreRelatedMy Personal Philosophy Of Nursing1081 Words   |  5 PagesRunning head: PERSONAL PHILOSOPHY OF NURSING 1 PERSONAL PHILOSOPHY OF NURSING 6 Personal Philosophy of Nursing Caroline Thiongo BSN V Millers College of Nursing Abstract This paper explores my personal nursing philosophy that I will convey in my career of nursing. It is my belief that nursing is a commitment to public service and a desire to help those in need. Nursing is a discipline of knowledge acquired both through formal education and through life experiences. The sum of these parts continuesRead MoreA Leader And Intelligence Professional1112 Words   |  5 PagesHuddlestun is one of the most influential leaders that I have encountered throughout my career. His dedication to service as a leader and intelligence professional have created a legacy that will exist long after his service ends. This is apparent from an organizational perspective through his impact on the Army as a whole as well as the NCO Corps. It is also present in the impact that it has had on my own professional growth as a leader in the intelligence field. Through his influence, I have alsoRead MoreUnit 502 – Promote Professional Development1079 Words   |  5 Page sPromote Professional Development Learning Outcome 1. Understand the principles of professional development 1.1 Explain the importance of continually improving knowledge and practice It is important for me to continually improve my knowledge and follow best practice. I need to ensure that I am aware of and follow current RQIA Minimum Standards, Supporting People QAF and NISCC standards. By doing this I am following current legislation and guidelines for continued good practice in my workRead MoreMarriage And Family Therapy : A Distinct Specialization1651 Words   |  7 Pagesadditional practicum experience, and expand my career opportunities. Acknowledging that Capella University offers an outstanding program that is Council for Accreditation of Counseling and Related Educational Programs(CACREP) and The Commission on Accreditation for Marriage and Family Therapy (COAMFTE) accredited, the knowledge gained through coursework and post-graduate clinical experience will prepare me for future licensing requirements and professional competency. Being a Capella University studentRead MoreWhat Types Of Education And Certification Must Be Acquired, And The Traits That So meone882 Words   |  4 PagesTo begin a new career path, it is necessary to identify the unique characteristics and duties of that career, what types of education and certification must be acquired, and the traits that someone would need to succeed in that field. As a step towards a full commitment to become a nutritionist, it is essential that I continue to assess these important factors and make adjustments to my plan ensuring that I will reach my professional goals. Nutritionists specialize in analyzing food and how itRead MoreA Leader And Intelligence Professional1111 Words   |  5 PagesHuddlestun is one of the most influential leaders that I have encountered throughout my career. His dedication to service as a leader and intelligence professional have created a legacy that will exist long after his service ends. This is apparent from an organizational perspective through his impact on the Army as a whole as well as the NCO Corps. It is also present in the impact that it has had on my own professional growth as a leader in the intelligence field. Through his influence, I have alsoRead MoreThe Importance Of Teacher Quality And Promote Learning1728 Words   |  7 PagesPlanning and Preparation, The Classroom Environment, Instruction, and Professional Responsibilities. Within each of the 4 domains, there are descriptive elements exemplifying the characteristics of the domain. Teacher quality is an important factor in maintaining excellence in educational performance within school districts. Therefore, districts must determine an effective and efficient way of evaluating new teachers and career teachers in order to provide teachers with a fair and valid summationRead MorePersonal Philosophy Vs. Nursing Essay1218 Words   |  5 Pages Personal philosophy differs for everyone, but generally guides a person in their professional practice in addition to their private lives. In my personal philosophy, I largely base my nursing pathways and private life on ethical values. Although I understand that there are empirical beliefs that guide many nurses, and I am still a fresher nurse without years upon years of experience, I still hold ethics at the core. Patricia Zander addressed that there are different ways of knowing for nurses (2000)Read MoreFive Year Career Development Plan1630 Words   |  7 PagesBylli All’s Five Year Career Development Plan Bylli All Human Capital Management/HRM 531 Dr. Penny Wilkins November 26, 2012 Bylli All’s Five Year Career Development Plan Introduction As I am currently the president and CEO of J-R Equipment, my career is where I always thought it would be. I was chosen by my mother to head this 50 year-old family business. My sole endeavor is to have it continue for another 50 years. More specifically, over the next five years my goal and base objectiveRead MoreCase Study : The Aanp Offers A Twelve Month Leadership Program858 Words   |  4 PagesBased Practice â€Å"Evidence-based practice (EBP) is using the best available research findings to make clinical decisions that are most effective and beneficial for patients† (Chitty Black, 2007, p. 275). As a professional, evidence based practice incorporates critical thinking and improving your clinical judgement. In order to stay up to date with evidence based practice the nurse can attend continued education, professional conferences, read journals, and become a member of a professional organization

Coca Cola Comprehensive Marketing Plan Essay - 937 Words

Running head: COCA-COLA COMPREHENSIVE MARKETING PLAN 1 COCA-COLA COMPREHENSIVE MARKETING PLAN 2 Coca-Cola Comprehensive Marketing Plan Hieu Le Columbia Southern University Coca-Cola Comprehensive Marketing Plan Products promotion contains of multiple works applied to sell goods. There are products promotions that provide customers to purchase products within a short period of time with a pricing discount. Additionally, product promotions are the competitive features to make a difference in pricing in order to motivate consumers recognize the company?s products and purchase it with a special incentive. Likewise, products promotions are often offer in short-term programs that demand involved party on the section of the customer through direct purchase or other transaction. The principal objective of the products promotions to provide a company increases its market share, to reduce unwanted inventories, and generate additional sales. Products promotions consist different methods, which include advertising, publicity, and public relation. Promotion Competitive Advantage Analysis Advertising Advertising is a such paid formation without personal presentation to promote particular product or service within a certain social media (Radio, TV, magazine, and so forth). Likewise, advertising is an effective way to inform customers geographically broadcasted with a comparatively minimal expense (Perreault, Cannon McCarthy, 2015). An excellenceShow MoreRelatedCoca Cola Comprehensive Marketing Plan930 Words   |  4 PagesRunning head: COCA-COLA COMPREHENSIVE MARKETING PLAN 1 COCA-COLA COMPREHENSIVE MARKETING PLAN 2 Coca-Cola Comprehensive Marketing Plan Hieu Le Columbia Southern University Coca-Cola Comprehensive Marketing Plan Industry Analysis Coca- Cola is a world largest soft drinks company, which holds approximate 62 percent of the market share. The firm owns most popular brands like Coke, Sprite, Dr. Pepper, and Fants. Additionally, Coca-Cola has added other exotic brands include Powerade and DasaniRead MoreCoca Cola Comprehensive Marketing Plan1134 Words   |  5 PagesRunning head: COCA-COLA COMPREHENSIVE MARKETING PLAN 1 COCA-COLA COMPREHENSIVE MARKETING PLAN 5 Coca-Cola Comprehensive Marketing Plan Hieu Le Columbia Southern University Coca-Cola Comprehensive Marketing Plan Product pricing is the primary justification for value from a customer?s perspective (Perreault, Cannon McCarthy, 2015). Majority times consumers lack a knowledge of the total cost of product that launching into the market. However, those customers may understandRead MoreMarketing Communications Mix1739 Words   |  7 PagesIntroduction The purpose of this essay is to look at the Marketing Communications Mix, clearly define the meaning of each type and show how Coca Cola, one of the biggest brands on the global market, utilises each method. Belch, E. and Belch A. describe Integrated Marketing Communications as â€Å"a concept of marketing communications planning that recognizes the added value of a comprehensive plan that evaluates the strategic roles of a variety of communication disciplines and combines these disciplinesRead MoreMarketing Mix Analysis Of Coke Zero1212 Words   |  5 Pages Marketing Mix Analysis Student’s Name Institution Affiliation / Marketing Mix Analysis The marketing mix encompasses four critical decisions regarding pricing, product, place, and promotion which should be carefully considered prior to launching the product in the market. All the four variables included in the marketing mix are important as they help the organization to formulate strategic decisions that are essential to obtain and sustain a competitive edge (Singh, 2012). AfterRead MoreThe Principles Of Global Marketing1632 Words   |  7 PagesThe principles of global marketing Introduction Global marketing, which is a theory about the worldwide merchandising strategy, establishes the basement of marketing. As globalization is combined with diverse cultures from the whole world, costumers have different demands which have to achieve by businesses. In addition, the strategy of global marketing is necessary for companies to develop new markets. This assignment will firstly explain what global marketing is. After that, it will confer strategyRead MoreCoca Cola And The World Fight Against Hiv / Aids1416 Words   |  6 Pagesvalue of $25 billion, the Coca-Cola brand is globally synonymous with soft drink beverages, and holds the title of the world s largest beverage company. So large in fact, that they have maintained as much as 50% of the world s market, they operate in excess of 200 countries across the globe, 85% of their revenue stems in the international market, they facilitate the world s largest distribution system, and produce four of the top five soft drinks in the world. Coca-Cola is a large supporter of philanthropicRead MoreComparative Human Resource Analysis : Coca Cola And Pepsico1465 Words   |  6 PagesAnalysis: Coca-Cola and PepsiCo. Abhiram Satyadev Goldey Beacom College Course Name 02/16/2017 Table of Contents 1. Competition for Employees†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3 2. Compensation of Employees†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..4 3. Legislation Concerning Employees.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...5 4. Human Relations Discussion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..6 5. Conclusions†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦7 6. References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦8 Comparative Human Resource Analysis: Coca-Cola v/sRead MoreMK0272 Essay3670 Words   |  15 Pages MODULE TITLE: MARKETING PLANNING AND RESEARCH MODULE CODE: MK0272 STUDENT NAME: LU XUELU STUDENT NUMBER: 13039825 HAND IN DATE: 01.07.2014 TUTOR: ANDERS WAPPLING WORLDS: 1.0 Executive summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2 2.0 External environment analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦2 3.0 Market strategy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....5 4.0 Marketing research result †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....6 5.0 Marketing mix summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...9 6.0 andRead MoreBtec Business P4- Strategic Planning1220 Words   |  5 Pagesfocus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service or program. There are a variety of perspectives, models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organizations leadership, culture of the organization, complexity of the organizations environment, size of the organization and expertise of planners. Coca-Cola Company My organisationRead MoreMarketing Strategy Of Coca Cola1751 Words   |  8 Pages(Masters in Business Administration) under Westcliff University. The students are assigned to submit Comprehensive Learning Assessment of marketing on a product or service. This assignment has been prepared with a different idea in mind. This assignment contains a brief introduction of a product Coca Cola. Also, I have performed an environmental analysis, industry analysis, SWOT analysis and marketing mix analysis in order to identify the potential areas of growth and areas where more attention is required

Setting up a partnership problem question - commercial law - Free Essay Example

Sample details Pages: 8 Words: 2465 Downloads: 10 Date added: 2017/06/26 Category Business Essay Type Compare and contrast essay Did you like this example? Mr. Azwan and Mr. Zuhri are undecided whether to set up a company or a partnership. Don’t waste time! Our writers will create an original "Setting up a partnership problem question commercial law" essay for you Create order Before provide any suggestion, Mr. Azwan and Mr. Zuhri have to understand what is the difference between this two types of business. Partnership is a type of unincorporated association, which is an organisation without any legal personality distinct from its members.[1] This kind of business organisation is one of the favourable ways for many professionals, such as doctors, solicitors and accountants, to start their business by contributing their skills and knowledge, capital, and other resources together. Partnership was governed by the law in Malaysia, Partnership Act,1961. Refer from thePartnership Act 1980, partnership has been defined as the relation which subsists between persons carrying on a business in common with a view of profit.[2] Formation of a partnership To form a partnership, there must existing a free consent for all parties, consideration, legal purpose to form a partnership, and must be competencies partners. Under the Section 21 of the Partnership Act 19 61, stated that à ¢Ã¢â€š ¬Ã…“the mutual rights and duties of partners whether ascertained by agreement or defined by this Act may be varied by the consent of all the partners and such consent may be either expressed or inferred from a course of dealingà ¢Ã¢â€š ¬Ã‚ . Partnership is a contractual relationship, which is formalised by written agreement. Partners need to create a contract with each others, and everything stated in the agreement or contract must be cleared and agreed by all of the partners. Once partners have signed the contract, every terms stated in the contract were agreed by partners and need to fulfill and be responsible on it, such as carry on a business together to make and gain profit. Besides that, terms in the contract can be classified in implied and express terms. Implied terms can be varied by the partnership deed, such as management and indemnity, where express terms can be varied by consent from partners. Non-Separated Legal Identity. Partners hip is a not a separate legal identity, and they are existing two or above partners in the firm, who also have the power or authorities to manage the business. Means that they need to obtain the consent from partners before make any changes and decisions which will affected or related to the firm. In partnership, there are two types of partners existed, who can be as an active partner or a sleeping partner. Active partners are those who responsible on the business operation, where sleeping partners are not allowed to take part in the management of the the business and cannot ask for any extra money to pay those debts they owed. Liability Under the Limited Liabilities Partnership Act 2012, partners are the agent who represented their firm and stated that if partners unable to repay those debt, will be borne out of the property of the limited partnership. Limited partnership must be registered with the Registrar of Companies, and all of the partners must signed a statement which information are related to the firm name, general nature of the business, principal place of the firm, full name of each partners, date commencement and lifetime, description of every limited partner, and sum contributed by every limited partners. the firm name must be ended with the words à ¢Ã¢â€š ¬Ã‹Å"limited partnershipà ¢Ã¢â€š ¬Ã¢â€ž ¢. Every partners are liable for the business debt and it is unlimited. Generally, partnershipà ¢Ã¢â€š ¬Ã¢â€ž ¢s obligation or debts are liable for every partners. As partnership firm are those partners agreed to run the business, liable to the liability owed for the business, jointly and severally for tortuous acts and wrongs. The total amount for each partners to pay can be depends on the ratio of how much capital they had been contributed to the firm. Dissolution and winding up The dissolution of a partnership is the process during which the affairs of the partnership are wound up, which means the partnership has already comes to an end. If there are changes occurs in membership, the firm need to be dissolved at the time, even business activities are still carrying on by other partners. Where the firm is dissolved and not carrying on the business activities as before, the firm will be winding up. There are fews reasons for a firm to dissolved. Partnership firm can be dissolved by partners, who determined to leave. Partners choose to leave might because of the performance of business, conflict existed between partners, or else. One of the partners choose to leave, the partnership will be terminated. There are a provision is made to regulate this situation. the death or bankruptcy of a partner will also causes the agreement be terminated. Partnership firm can be dissolved by court order. In section 37 of Partnership Act 1961, there are existing this rules, for the purpose to terminate the partnership agreement. The firms are unable to generate profits or the performance of the partner who are incapable fulfilling the part of his responsible in the contract, partnerà ¢Ã¢â€š ¬Ã¢â€ž ¢s behaviour or conducts already breach the partnership agreement, and also if the court considers that it just and equitable, court will order the firm to dissolved. Therefore, the reasons for Court to dissolve a partnership must be based on those reasons. Timing also become one of the reasons to dissolve the partnership firm, lapse of time. When businessman started their business, will be believed to have an indefinitely life time to run their business. But in the agreement, need to stated down the specified lifetime. Company A company is a legal entity which have a legal personality, separate and distinct from its members and shareholders. Companies Act 1965 is the principal of the legislation to govern the formation and operation of the company. Every company running business in Malaysia need to register to the Registrar of Companies Malaysia, and become a registered company. registered company. Existing Act is to protect the right and interests of shareholders, and also provides facilities for the incorporation of companies, management and winding up. A company must have at least 2 members to manage the business. There are two types of company, which is private limited company and public limited company. Private limited company can only have 50 members and not included employee and subsidiaries. They cannot sell their shares to general publics and it is unquoted. the name at the end of the company is with the words of à ¢Ã¢â€š ¬Ã‹Å"Sendirian Berhadà ¢Ã¢â€š ¬Ã¢â€ž ¢. Public limited company is unlimited on their members. This company will used to selling their shares to raise capital and manage by board of directors who are elected by shareholders. The name of this company is ended with à ¢Ã¢â€š ¬Ã‹Å"Berhadà ¢Ã¢â€š ¬Ã¢â€ž ¢. Formation To form a company, refer to the Companies Act 1965, Section 14, any two or more persons associated for any lawful purpose may by subscribing their names to a memorandum and complying with the requirements as to registration form an incorporated company. the persons who wants to run a business in form of company, need to obtain the approval for the company name. Not all the name are acceptable or some name was already existed, to avoid meet the same name of two companies. When prepare to register and open up a business, registration fees are needed to be paid to government. There also have some certain documents to lodge with the Registrar of companies, such as The Memorandum and Articles of Association, Statutory declarations by promoters or directors, Particulars of directors and registered office, Declaration of compliance, and lastly, the statement of the allotment of shares to the subscribers to the Memorandum. Separate Legal Entity Company is being as a l egal person in its own right. The company has a legal identity of it own, which distinct from its members. The law is separated the law from shareholders, directors, or employees in the company. If there is a wrong is done to a company, company has the responsible to obligate, not shareholders. Liability The liabilities borrowed by the company or be in debt to other parties to run the business is known as the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s debt. The liabilities owed by a company are its own, their members are not liable to pay for the company. For those company who had already registered are having a limited liability, the company do not owned the complete immunity. The limited sum of liability owing was the amount which had already agreed before. If the company are runs out of money, and unable to satisfy their customers, are not allowed to exceed the limitation. Some companies used shares to limit their liability and also by guarantee. People buy shares of the company normall y because of the company have the potential to generate profit and confidence on the higher return. Generally, full price of payment are needed to pay at once. If the investors are allowed to pay half first, another half are liable to the company. Suddenly if the company went into liquidation before they pay the amount of outstanding to the company, they also need to pay at that time to the company. If the shares has already transferred to another person, the person are take over to pay the outstanding amount. Winding up of company Company is Registered under the Registrar of companies and have a legal personality of their own. If the company are going to wind up or in a liquidation, it may be brought into one of two legal process. The ways to winding up can be either because of the court order, voluntary liquidation, and distribution of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s assets. Liquidation by court order. A company winding up by court also known as compulsory winding up. Peti tioners can be creditors, liquidators, the Registrar of companies or the Official Receiver which has stated under section 217(1) of Companies Act 1965. Those parties would became petitioners most probably because of the company unable to pay theirs debt. The Court does the order of winding up which appointed by petitioners. If the court considered that there is just and equitable to wind up a company, the court also will gave an order to the company. This could be based on the objects clause of the company are different with the purpose on foundation of the company. If the purpose are failed to be achieved, the substratum of the company also failed. Beside that, the management of a small company are fall into a deadlock decision which unable to make any decisions, and also lack of confidence to manage the business. The problems must be based on the business matters, rather than a personal matters, and must amount to more than merely being outvoted. Voluntary liquidation. there are two types of voluntary liquidations, which are membersà ¢Ã¢â€š ¬Ã¢â€ž ¢ voluntary liquidations and creditorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ voluntary liquidations. Membersà ¢Ã¢â€š ¬Ã¢â€ž ¢ voluntary liquidation is decided by the shareholders of the company, which appointed by member to liquidator, whether they want to end up the company or continue to run the business. If they decided to end up the business, they can sell off those assets they owned and gain the money. Normally this will be decided in the general meeting. Creditors voluntary liquidation occurs when the company are into liquidation because of insolvent, from the directorsà ¢Ã¢â€š ¬Ã¢â€ž ¢ request. This is who those creditors appoint to the liquidator. It was happened when there are the liabilities more than assets in the company, or the company unable to pay off all the debts.Company must have a meeting with their creditors with 14 days to give an explaination of it. Distribution of the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s assets. Company need to distribute their assets, which owned by the company, whether the winding up are compulsory or voluntary. Creditors, who the company owed money from them, have the right to sell the assets which he has charge. The assets can be as a mortgage to the creditors. Ultra Vires Doctrine In the simply terms, Ultra Vires means à ¢Ã¢â€š ¬Ã‹Å"beyond the powerà ¢Ã¢â€š ¬Ã¢â€ž ¢ or à ¢Ã¢â€š ¬Ã‹Å"lack of powerà ¢Ã¢â€š ¬Ã¢â€ž ¢ in respect of an act carried out by a person or body.[3] The company has beyond the authority of a corporation to perform, which also meaning that what the company had done was already over their object clause. Those directors have done beyond the restriction. Even though all of the directors in the company are wish to ratify it, but it is not allowed and voided. This doctrine is lack of the legal capacity to incur the responsibility. Ultra Vires has been used in different senses in company l aw. First, ultra vires is used to describe the acts which the action done by the company is beyond its capacity. Second, the agent of the company has carried out an actions which is excess or abuse of their powers, the directors of the company. Third, it is within the capacity and power of the company, but are in violation or in excess of the articles. [4] The development of the Ultra Vires Doctrine is the protects those investors and creditors.It is not to be established yet until the cases of Ashbury Railway Carriage and Iron Company Limited v Hector Riche, (1875). The fact of the case is the company contracted to build a railway line in Belgium, and entered into a contract with Mr Riche to employ him to construct a railway. After Riche had begun work and incurred expenses, the company repudiated the contract. He was left without any remedy becauses the contract was made outside the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s objects clause, which were à ¢Ã¢â€š ¬Ã‹Å"to make and sell, or lend o n hire railway carriages and wagons, and all kinds of railway plaint, fittings, machinery and rolling stock to carry on the business of mechanical engineers and general contractors to purchase and sell as merchants timber, coal, metal or other materials; and to buy and sell any materials on commissions or as agents.à ¢Ã¢â€š ¬Ã¢â€ž ¢ The contract was ratified by all the members of the company, but later on it was repudiated by the company. Riche sued the company for breach of contract. The court held that an ultra vires act or contract is void in it inception and it is void because the company had not the capacity to make it and since the company lacks the capacity to make such contract, how it can have capacity to ratify it. If the shareholders are permitted to ratify an ultra vires act or contract, it will be nothing but permitting them to do the very thing which, by the Act of Parliament, they are prohibited from doing. The contract was beyond the objects as defined in the obj ects clause of its memorandum and therefore it was void. The company had no capacity to ratify the contract. The effect of ultra vires transaction Ultra vires can be classified in contract, borrowings, and In terms of borrowings, which is related to the beyond power of the company in borrowings. The courts have developed certain principles is to protect such lenders. [1]LFB Pg 470 [2]PG 410 [3]136 [4]136

Evaluate the performance of any two technical trading rules Assignment

Essays on Performance of Technical Trading Rules Assignment The paper "Performance of Technical Trading Rules" is a wonderful example of an assignment on finance and accounting. The following report analyses the applicability of the Market Average crossover rule (MAC-O) and the Trading range breakout rule (TRB-O) with regard to analyzing stock returns based o data collected from Nasdaq, SP and Dow Jones 2014 stick market returns. Justify your choice of trading rules based on their strengths and weaknesses.The trading rules that were deemed to be appropriate for this analysis were the Market Average crossover rule (MAC-O) and the Trading range breakout rule (TRB-O). The trading range breakout rule is essential in this analysis since it not only focuses on the average stock prices but it also factors in the abrupt changes in the market that may cause significant price changes. Therefore in the application of the TRB-O rule, a trader is in a position to identify the level of liquidity of stock (Quantshare, 2010). Nevertheless, the major weakness of the TRB-O is based on the fact that abrupt breakout may be a false alarm regarding the transition of stock price which in this case may be a risky presumption (Hansen, 2013). On the other hand, the Market crossover is a reliable rule since it minimizes the probability of engaging in risky investments (Anghel, 2013 pp. 103). On the other hand, the major disadvantage of the MAC-O rule is that it assumes the market prices within the respective periods are rigid. Therefore, the method fails to acknowledge one of the most critical elements in stock markets which in this case is the flexibility of prices (Yell, 2012).Based on the fact that the two methods give varying results none of the methods should be used in isolation. This would be in order to provide either of the possibilities with regard to returns for a prospective trader.Stock trading should not be restricted to the data available and trading rules since a prospective trader may be misleading. In this case, the economic conditions during the trading period should also be analyzed in order to make an effective judgment   Apply the trading rules correctly to the data.The analysis will be based on a 50 day and 200 average Moving advantageMA 1, 50 for Nasdaq = 4237.95, while MA 200 = 4359.33MA 50 for S P = 1828.57 while MA 200 = 1959.48  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  MA 50 for Dow Jones = 16040.56 while MA 200 = 1959. 46On the other hand, based on the TRB-O the stock data is analyzed as follows:  The trading breakout breaking rule = the price trading price for the last day – the maximum price for the last 50 days (Sumathi, Hamsapriya Surekha, 2008 pp. 409).The last 50 days prior to the closing days was November 12 whose maximum trading price was therefore:  NASDAQ’s TRB-O =     4684.02 – 4678.58 = 5.44SP’s TRB-O = 2026.14 – 2042.22 = -16.08Dow Jones’ TRB-O = 17533.15 -   Ã‚  17626.71 = -93.56Assess the performance of your trading strategy by comparing the average returns and the annualized returns from the chosen rules.The average returns portrayed by the market average cross rule shows that the prospective returns are less than the actual analyzed returns for the company. Therefore, based on the assessment the market average cross overrules undervalued the stock value of the three companies.   On the other hand, the trading range breakout rule outlined that the annualized stock returns of SP were lower than the average returns. Whereas the average returns of NASDAQ were higher than the annualized returns. In this case, the two trading strategies portrayed contrasting scenarios of the stock returns.Assess the performance of your trading strategy by comparing the risks from the chosen rules.The major disadvantage of the MAC-O is the portrayal of the stocks to be rigid. In this case, the stock prices of the three companies were perceived to be of lower value than the actual value. Therefore, the major risk of the MAC-O was to undervalue the stocks of the three companies analyzed. On the other hand, the TRB-O strategy portrayed t he SP and Dow Jones stock to be breaking towards a phase of negative returns as the year closed. Hence this in effect implied that the stock was losing value. However, in comparison to the trading stock for the period, the closing stock for the two companies was higher than the lowest stock returns recorded.Conclusions and RecommendationsBased on the fact that the two methods give varying results none of the methods should be used in isolation. This would be in order to provide either of the possibilities with regard to returns for a prospective trader.Stock trading should not be restricted to the data available and trading rules since a prospective trader may be misleading. In this case, the economic conditions during the trading period should also be analyzed in order to make an effective judgment

Democratic Convention Free Essays

Several dozens of years ago Conventions of parties were an important part of American political life. Although nowadays their role is a bit decreased, still the electors watch results of Conventions with great interest. Democratic Convention of this year gave possibility to John Kerry to introduce him to that part of American electorate, which doesn’t know him well. We will write a custom essay sample on Democratic Convention or any similar topic only for you Order Now Still, the electorate knows quite well who is George Bush – as he was the President for 4 years. So, Republican Convention will not add much information to those opinions about Bush, which are already exist, although his speech is prominent, as usual and in some extent, shows him from a bit new point of view. We can see some changes in Conventions as well: last time directly at Conventions who candidates competed for nomination from Party – Jerald Ford and Ronald Reagan (it took place in 1976 and we are speaking about Republicans), but if approval of candidate changed into clear formality, can the American political scientists continue to examine Convention as a key event of party political struggle? I think, to some extent it is correct, even if we take into account that candidate is usually determined to the beginning of Convention, and we are not expecting any surprises. It became a part of election campaign, but it is very important part of it. The Convention is a kind of enchanting sight which gives an opportunity to candidate to present his speech, where he will give idea of himself and his program, – and then it results his rating. Actually, Republican Convention is an answer to Democratic Convention, which took place in Boston from July 26 to July 29. It is quite difficult position: while George Bush can refer to his statement of service, John Kerry can refer only to his promises. But from the other side, if Bush’s statement of services can be interpreted not only to his favor, and many of electors treat it exactly to his disfavor, we have the struggle between reality and promises. More then 35 thousand of people took part in Democratic Convention. During Convention they informed American society about life of John Kerry and John Edwards, about their great services to American society in the struggle for interests of middle-class and about their plans to build stronger and more independent America. Stephanie Tubbs-Jones told about plans to create new working places and economics, which will be more stable in interests of middle-classes. Tammy Baldwin presented program of cheaper and more affordable health-care system. Bob Menendez explained main points of Democratic program in the field of foreign policy. The most important event was final speech of candidate to President John Kerry, directly before procedure of official closure of Convention. The present structure of Convention was the most multi-national during the whole history of Party according to information of Democratic National Convention Committee (DNCC). More then 40% of participants consisted of national minorities of the USA. More then 10 thousand of people registered as volunteers in order to help the party during Convention. Historically, Republicans had more strong positions at more rich and industrialized north of America, and Democrats – at more poor â€Å"village† south. But during the last 50 years their positions changed: Democrats dominate at the North of America and Republicans – at the South. Democrats lay special stress on expansion of governmental role, and Republicans lay stress on decreasing of governmental role, taxes, etc. Another point of differences is program of so-called â€Å"affirmative actions†. Democrats support giving advantages to race and other minorities when receiving job or education; – this was the reason that African-American gave their votes in their favor. Democrats consider themselves supporters and defenders of interests of working class and people with low income. Republicans present interests rather of business and wealthy citizens. Their party also includes Christian conservators. How to cite Democratic Convention, Papers

Contemporary Strategy Analysis Text and Cases Edition

Question: Discuss about the Contemporary Strategy Analysis for Text and CasesEdition. Answer: Introduction: Performance evaluation is an essential organizational activity for every type of organization. The profit-seeking and not-for profit firms, both use to incorporate it in the organizational structure for development of the operational activities. Higher managements of the firms include performance evaluation process to measure the performance level of the staffs and departments for indentifying the factors, responsible for the successes and failures of the staffs, as well as, the overall organization. It has been observed that many times the management fails to evaluate the performance of the departments or individual staffs separately. Such problems occur due to the inter connection between different departments. For example, the production team cannot provide adequate production volume if the logistic departments fail to supply raw materials on time. In such case, the performance evaluation procedure can help the organization to detect the proper reason of the poor production (Rolstadas 2012). The management can adopt various types of performance evaluation techniques for appraise the activities of the staffs and departments. Budgetary control is one of such effective evaluation techniques, which uses to evaluate the performance through comparing the actual performance with the budgeted figures. Variances between Budgeted Actual Output: The management of Teddy Bear Toy Comany has used to implement the budgetary control through standard costing system. In general, it has been observed that most of the actual figures differ with the budgeted amount. Teddy Bear Toy Company has also faced the same circumstances, where most of its actual costs have not matched with the budgeted amounts. Such differences have caused for two reasons, which are discussed below: Variance in Actual Budgeted Rate: It can be stated from the cost analysis that the budgeted cost per unit of many items has differed from the actual per unit costs. The differences, caused by the disparity in rates, are referred as price variance. The issues, which are responsible for such price variance, are stated below: Change of actual price due to increase or decrease in market demand of the cost items Implementation of new tax and other governmental rules Change in market economy Differences in the performances of the managers, in terms of negotiation with the suppliers and customers (Kaplan and Atkinson 2015) Variance in Budgeted Actual Quantity:- The variance has occurred due to the variance in budgeted and actual quantity also. Such variances can be caused from several circumstances. The probable circumstances are described below: Modification in manufacturing method Shortage of labor material supply Wrong forecasting of consumable units Implementation of advanced technology Variance in the efficiency level of staffs and departments (DRURY 2013) Advantages Disadvantages of Incentive Plan: The incentive plan, introduced by the higher management for the departmental heads, can affect the performance of the departments in both, positive and negative manner. The positive effects of the plan are as follows: Boosting up the competence level of the departments Implementing better control over the business activities Reducing the total cost of the individual departments Providing motivation to the staffs The negative impacts of the incentive plan are stated below: Creating unhealthy competitions amongst the departments Implementation of excessive cost control system within the departments Ignoring quality of the jobs for achieving the target Rise of employee grievance for strict control system (Hope and Fraser 2013) Role of Budget in Evaluating Performance: As discussed above, budgetary control is one of the popular and widely accepted techniques of performance evaluation. A properly estimated budget can be very beneficial for measuring the performance of the employees in various ways. In general, the higher managements use to prepare the master budget along with the subsidiary budgets according to the various operational activities of the organization at the beginning of the period. The budget sets the target for the staffs and the individual departments. At the end of period, the management compares the actual output of the staffs and the departments with the respective budgeted outputs. If the actual output is proved to be higher than the budgeted figure, then the performance is considered as favorable. For vice versa, the performance is treated as below average or poor. If the management follows standard costing system, then the performance evaluation through budgetary control can be more effective and accurate (Whitecotton et al.2013). Modification in Incentive Plan: According to the above discussion, though the incentive plan has proved to be effective for increasing the sales for Teddy Bear Company, it can create negative impacts also. Hence, it should be modified to increase its effectiveness properly. The following amendments can be made to modify the plan: The management should not depend only on the budget for providing incentives. There should be some incentive for the overall business performance, so that the different departments will work with more coordination between each other. Along with the departmental heads, the management should give incentives to the general employees also (Otley 2015). Balance Score Card Analysis: It is very necessary for any organization to correlate the organizational goals with the operational activities. Otherwise, the organization cannot achieve its target in the longer run. Balance score-card is one of the widely-accepted tools, which is used to maintain the necessary balance between the business activity and organizational prospect (Perkins et al. 2014). It also helps the management to implement proper strategies for fulfilling organizational objectives within the organization (Grant 2016). The balance score-card, effective for Teddy Bear Company, is stated below: Primary Objective Secondary Objectives Measures Targets Initiatives Financial Optimization of returns Return on Capital Employed Disposition of Unutilized Assets Growth in the profitability Revenue Growth Leverage base of the asset Utilization rate of Asset Cost Leader Growth in Net Cash Flow Management of the operational Cost Improvement in Sales Volume Rise in Premium Ratio Operational Cost Customer Increasing the customer loyalty Rating for customer satisfaction Customer loyalty program Internal Processes New Innovation in Products Revenue percentage from different products Development of infrastructure Increase in Team Effort Revenue % from news services Development in Inventory Management NPV of different pipeline products and services Development of innovative services % of promise delivery Alliance Programs Utilization of alliances % rate capacity utilization Leverage the research and development Productivity improvement of employee Preventive maintenance Persistent Public Support % of cost reduction Proactive management of associations Index of reliability Service Dispatch mechanization Ensuring reliable services Rating of customer satisfaction Communication with the customers RD for new product development Marketing program Customer Service Excellence Proper maintenance of Inventory Level Optimization of the asset utilization Standard Cost Vs. Actual Cost Budgetary Control Optimization of the return on allocation of the resources - Management of Cost - Enterprise wide management of risk (Lashley, 2015) Learning and Growth Market Driven Competency Strategic coverage ratio Profiling of competency Employee Satisfaction Hours in strategic training Training Program for improving Skills World Class Leadership Rating in satisfaction of employees (scale of 5 points) Compensation link of performance Effectiveness of leadership ratio (scale of 5 points) Training program for leadership Conclusion: Teddy bear Toy Company has adopted very effective process for the performance evaluation. However, as discussed above, the company should amend the incentive plan for better effectiveness and align its long-term objectives with the operational activities through the balance score-card analysis process. References: DRURY, C.M., 2013.Management and cost accounting. Springer Grant, R.M., 2016.Contemporary strategy analysis: Text and cases edition. John Wiley Sons Hope, J. and Fraser, R., 2013.Beyond budgeting: how managers can break free from the annual performance trap. Harvard Business Press Kaplan, R.S. and Atkinson, A.A., 2015.Advanced management accounting. PHI Learning. Otley, D., 2015. in Management Control.Critical Perspectives in Management Control, p.27 Perkins, M., Grey, A. and Remmers, H., 2014. What do we really mean by Balanced Scorecard?.International Journal of Productivity and Performance Management,63(2), pp.148-169 Rolstadas, A. ed., 2012.Performance management: A business process benchmarking approach. Springer Science Business Media Whitecotton, S., Libby, R. and Phillips, F., 2013.Managerial accounting. McGraw-Hill Higher Education.

7 main approaches in psychology free essay sample

*Many psychologists may believe that each perspective has valid explanations depending on the specific situation, and this point of view is called eclectic. This term refers to the claim that no one perspective has all the answers to the variety of human thought and behavior. Psychologists tend to use various perspectives in their work depending on which point of view fits best with the explanation. Humanistic (1950s-Present) Carl Rogers-Person-centered therapy and unconditional positive regard Abraham Maslow-Hierarchy of Needs and Self-Actualization Unique aspects of human experience Belief that we choose most of our behaviors and these choices are guided by physiological, emotional or spiritual needs. Humans are free, rational beings with the potential for personal growth, and they are fundamentally different from animals. Psychoanalytic/Psychodynamic (1900-Present) Sigmund Freud-Personality and States of Consciousness Carl Jung-the most important and lifelong task imposed upon any person is fulfillment through the process of individuation, achievement of harmony of conscious and unconscious, which makes a person one and whole Alfred Adler-IndividualPPsychology, a term which is sometimes misunderstood. We will write a custom essay sample on 7 main approaches in psychology or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page It refers to the indivisibility of the personality in its psychological structure. Unconscious determinants of behavior Belief that the unconscious minda part of our mind that we do not have conscious control over or access tocontrols much of our thought and action. Unconscious motives and experiences in early childhood govern personality and mental disorders.  Roger Sperry-showed that if the two hemispheres of the brain are separated by severing the corpus callosum (the large band of fibers that connects them), the transfer of information between the hemispheres ceases, and the coexistence in the same individual of two functionally different brains can be demonstrated. George Miller-The Magical Number Seven, Plus or Minus Two: Some Limits on our Capacity for Processing Information Physiological bases of behavior in humans and animals An organism’s functioning can be explained in terms of the bodily structures and biochemical processes that underlie behavior. How the body and brain enable emotions, memories, and sensory experiences Evolutionary/Darwinian (Also called sociobiologists) (1980s-Present) David Buss-His primary interests include the evolutionary psychology of human mating strategies; conflict between the sexes; prestige, status, and social reputation; the emotion of jealousy; homicide; anti-homicide defenses; and stalking. Charles Darwin-the Origin of Species in 1850. Evolutionary bases of behavior in humans and animals. Examines human thought and behavior in terms of natural selection. Behavior patterns have evolved to solve adaptive problems; natural selection favors behaviors that enhance reproductive success. B.F. Skinner-Operant Conditioning and invented the Skinner Box Effects of environment on the overt behavior of human and animals. Explain human thought and behavior in terms of conditioning and look strictly at observable behaviors and what reaction organisms get in response to specific behaviors. Belief that only observable events (stimulus response relationships) can be studied scientifically.  Noam Chomsky-Theorized the critical-period for language acquisition Herbert Simon-one of the founding fathers of modern research in artificial intelligence Ulric Neisser-focused on pattern recognition, visual search, brief information processing, and memory. Thoughts; mental process Examine human thought and behavior in terms of how we interpret, process, and remember environmental events. The rules that we use to view the world are important to understanding why we think and behave the way we do. Overall, human behavior cannot be fully understood without examining how people acquire, store, and process information.