Thursday, December 26, 2019

Business and Law Cases - 3547 Words

Lec 4 Chap 29 United domains Corp v Brian Pty Ltd(p200): Was the agreement a joint venture or partnership? Decision: High court held that the parties were in a partnership; hence United Domain was entitled to share in profit. Canny Gabrial Castle v Volume Sales(p200): Canny Gabrial argued that the 2 companies were joint ventures Decision: Agreement was partnership Polkinghorne v Holland(p205): Was the giving of financial advice outside the ordinary business of the law firm, such that the partners would be jointly liable Decision: Held that the firm was liable for the actions of hollan’s son Lec 5 Chap 13 Balfour v Balfour(256): At the time of the agreement, did the parties intend the arrangement to be anything more†¦show more content†¦Decision: The wrapper formed part of the consideration Glassbrook v Glamorgan County Council (p302): Were the police doing more or no more than legally required? The police provided protection over and above what they considered effective and was sufficient consideration. Stilk v Myric (p302): Was the captain’s promise enforceable Decision: The sailor had done all they could under normal conditions of the voyage to bring the ship safely to port Hartley v Ponsonby(p303): Did the crew provide more than what was contractually required Decision: Sailing the ship back in unseaworthy conditions was more than originally required; hence the extra wages were paid Williams v Roffey(p303): Was the promise of the additional payment enforceable. Decision: The defendant’s promise was enforceable. Eastwood v Kenyon(p305): Was there sufficient consideration to support the husband’s promise to repay the money. Decision: This was no more than a moral obligation and something that amounted to sufficient consideration. Chap 17 David Securities v Comm Bank Australia(p327): Were the additional amounts paid in respect of the tax by the appellants recoverable since the money was paid under a mistake of law? Decision: The Court held that payments made under the mistake of law should be prima facie recoverable in the same way payments are made. Leaf vShow MoreRelatedBusiness Law Case936 Words   |  4 PagesNeurology Associates LLP. vs Elizabeth Blackwell, MD An Assignment Submitted by Name of Establishment Class XXXX, Section XXXX, Fall 2011 Case: Neurology Associates LLP, vs Elizabeth Blackwell, MD Overview of Facts In May 2005, Dr. Elizabeth Blackwell earned her Medical Doctor Degree and she was hired by the Neurology Associates LLP, located in Longville state in June 2005. She has been offered different jobs before, but Dr. Elizabeth concluded by choosing Neurology Associates LLPRead MoreBusiness Law Case1400 Words   |  6 PagesHaving in regard all the information that is given in the Case Study, what is, in your opinion, the best Investor/Partner choice for NatuRi Corporation? Is it the Angel Investor, the Strategic Investor, Waltham Partners or Westlake Partners? Please justify your answers. In order to make a comprehensive review, we will discuss each investor/partner choice separately on its positive and negative aspects. Angel Investor The angel investor is a wealthy individual who is willing to make a personalRead MoreBusiness Law Case1391 Words   |  6 PagesHaving in regard all the information that is given in the Case Study, what is, in your opinion, the best Investor/Partner choice for NatuRi Corporation? Is it the Angel Investor, the Strategic Investor, Waltham Partners or Westlake Partners? Please justify your answers. In order to make a comprehensive review, we will discuss each investor/partner choice separately on its positive and negative aspects. Angel Investor The angel investor is a wealthy individual who is willing to make a personal investmentRead MoreCase Study : Business Law Case1557 Words   |  7 PagesBusiness Law Case 1: Kate is the owner of a successful business, selling women’s shoes. Her business is expanding fast and she wants to upgrade her business structure to a more appropriate one. What would be your recommendation to Kate and why? What are the factors that influence you with this advice? Solution/Advice 1 Choosing a Corporation/Company Structure - the business structure of a company/ corporation is highly recommended, it has the flexibility to gain more capital, or credit capabilityRead MoreBusiness Law: A Case Study1531 Words   |  6 PagesBusiness Law In business law, there are a number of procedures that are used in settling disputes. For cases, under $5,000.00, small claims court is utilized as a way to effectively litigate potential issues and come to a solution in a cost effective manner. This is when there are no attorneys present. Instead, each party will present their side of the story to the judge. They will bring forward their own witnesses and evidence to support their case. (Warner, 2012) To fully understand how it worksRead MoreCase Analysis : Business Law1044 Words   |  5 PagesCourtney Brinkley Business Law – BUSI561 Case Analysis Liberty University What should you do about continuing to do business with Marshall? The bible says â€Å"Trust in the Lord with all your heart, and do not lean on your own understanding. In all your ways acknowledge him, and he will make straight your paths† (Proverbs3:5-6). After weighting my options between the offer made by the company in Texas and my current business deal, I have decide that it is best for me to discontinue doing business with MarshallRead MoreBusiness Law Case Study1437 Words   |  6 Pagesï » ¿Business Law Case Study Module 4 PLAINTIFFS STATEMENT: The Parties – Alex Johnson vs. Bethlehem Ice Solutions    Opening Argument    Those familiar with skiing know that there are risks involved when one chooses to participate in the sport.   Those risks, however, should be associated with self-inflicted harm caused by mistakes that a skier may make and not unforeseen obstacles and dangerous situations.   The injuries sustained by Alex Johnson on the slopes at Bethlehem Ice Solutions (BIS) were notRead MoreBusiness Law Case Study1954 Words   |  8 PagesCase Jonathan, a moneylender makes a loan of $1,000 to Sheba on Sheba’s representation that she is 19 years old. Sheba is in fact 17 years old. She enrolled for diploma course with a private college for $500, spent $200 on a holiday, and the balance of $300 on a mini hi-fi set. She now refuses to pay Jonathan. In this case, we are acting for Jonathan (plaintiff). Jonathan sues Sheba (defendant) because of free consent and capacity. Free consent that we talk is about misrepresentation whereas capacityRead MoreBusiness Law Case Study2352 Words   |  10 PagesLegal Issues in Management Final Case Study Christine Stout Southern Oregon University Business law – case study The case study of John and Stacey has so many complicated elements that apparently all the stakeholders involved apart from the two mentioned could sue or be sued against. This paper assumes that this is the scenario for this paper. The characters involved are John and Stacy, a restaurant owner, the owner of a townhouse, the owner of the mink on which John tripped and subsequentlyRead MoreBusiness Law Case Study2067 Words   |  9 PagesBusiness Law Case Study In the case presented, Biff Smith, the Chief of Police of the local department ordered a set of bicycles off of a local storeowner, Dirk Right. This was no simple order though, in fact Biff intended on starting a bike patrol unit within the local department. Biff went to Dirks Bicycle shop to place an order. The order was for five mountain bikes to be used for patrol so they had to be custom made in order to sport the police decals. Biff was very familiar with the Schwinn

Wednesday, December 18, 2019

Assessment of the Quality of Earning Is Useful to Accounting and Is Ap Essay

Essays on Assessment of the Quality of Earning Is Useful to Accounting and Is Applicable in Controlling the Earnings of a Firm Essay The paper â€Å"Assessment of the Quality of Earning Is Useful to Accounting and Is Applicable in Controlling the Earnings of a Firm" is a   brilliant example of an essay on finance accounting. Quality of earning comes in at the point where an organization that applies conservative accounting realizes a relative change in the manner in which they invest in assets that are used in the investments. An organization may experience a change in earning due to various external or internal reasons. These reasons may involve the change in sales by an increase, or even a relative decrease in the production cost. This may result in high quality earning. However, when the contributors to the change of earnings are external factors, then this is termed to be a low quality of earning.â€Å"The term quality analysis includes the analysis of all financial statements† (Pinto et al 13). The main use of quality of earning includes meeting the analyst’s expectations. An organizationâ⠂¬â„¢s financial analysts require the use of this technique in order to realize their objective. This involves the process of prediction of trends in the financial performance of the firm and earnings from the organization. In most cases, the process of trying to meet the revenue expectation may be the preferred target for the management to realize the revenue recognition processes that may be fraudulent. The attempts of the analysts to find out the short term earning with reference to the achievements of the long term strategies may also embrace the quality of earnings.The other use of quality of earning measurement involves avoiding debt –agreement violations and reducing political cost. The aims of some organizations may include avoiding the violation of earning based debt agreement where the lender may decide to increase the interest rates and call for the repayment immediately.   Some firms may be seen to be too profitable thereby suffer political costs; this calls for the measuring of the quality of earning.In order to meet the bonus plan requirements, an organization may need to carry out quality earning measurements. The best way of managing earnings is in such a way that the executive’s earning the based bonus is maximized. This involves the management of the earnings so that it is maintained above the minimum at all times. Any extra bonus earnings are kept and preserved for the next period. In the process of changing management, a firm needs to carry out earning management too. As a result, the quality of earning takes part as an important factor in the management transition process.For accounting, just calculations alone can’t tell an organization or a firm’s net earnings. It requires analysis and subjective inputs by accountants in order to determine thus, the need for quality earning a determination. In so doing, there must be a consideration of the micro and the macro business environment from which the business oper ates (Powers et al 622). The accounting situation does not give the complete accuracy of this evaluation, and determining any manipulations in the financial statements; instead, an analysis of the quality of earnings becomes more confirmatory in accounting situations.From the above discussion, it is made clear that the assessment of the quality of earning is useful to accounting and is applicable in controlling the earnings of a firm.   Some of the uses include assisting the analyst in coming up with realistic pictures of what the company’s earnings are like. The other factor that it applies includes the political view of the assumed profits and handling of debts in an efficient manner. As such, maintaining the quality of earnings requires the analysis of external and internal environments thereby maintaining the required standards of earnings.

Tuesday, December 10, 2019

Leadership Styles and Organizational Commitment †MyAssignmenthelp

Question: Discuss about the Leadership Styles and Organizational Commitment. Answer: Introduction Google LLC is can be characterized among one of the biggest multinational companies based in America. The organization mainly specializes in providing the internet related products and services that incorporates technologies of online advertising, search engine, software and various hardware and cloud computing platforms. The company was founded by Larry Page and Sergy Bin in the year 1998. The both of them own nearly 14% of the total share of the company and controls 56% of the stockholders power of voting through the stock of supervoting (Pearlson et al. 2016). This assignment will evaluate the mission and vision statement of Google LLC and at the same time will reflect on the understanding gained through the evaluation of these statements. On an added notion the leadership style adopted by the management of the organization in order to accomplish the vision will also be elaborated along with the suitable strategies that have been enacted to strengthen the leadership style. In the second part of the assignment the structural framework of the organization will be discussed along with the decision making processes that are being used by the company for maintaining its competitive edge. Evaluation of the Mission and Vision Statement The brief mission of the company is to organize the information around the world and make that easily accessible and useful to the users of the service. On the other hand, the vision or goal of the Google LLC is to develop the services of the company in such a way that it becomes able to improve the life of as much people as possible (Pisano, 2017). Google LLC is always regarded as an organization which is famously unstructured and possesses a unique operation style. However, the organization may be unusually structured but it maintains a systematic ordering from the bottom to the up. Its key focus always remain on what is new and exciting and how one can win with his or her own ideas (Rothaermel, 2015). In order to accomplish the mission of the company the board of directors followed a usual route in order to increase their managerial freedom. In order to maintain clarity and equal access to information the directors also informed the shareholders with an open letter that Google was not a conventional company and it did not intend to become one of them as well. This specific managerial structure can be regarded as the perfect and most suitable one for accomplishing the mission of accruing all the information around the world and incorporating those information within a single platform. It is mandatory to maintain a transparency between the management and the stakeholders which in turn motivates each and every one involved with the organization to work hard towards achieving the organizational mission and consider the mission of the organization as a shared goal. This has significantly contributed in accomplishing the goal of the organization as well (Uhl Gollenia, 2016). In the competitive environment people are striving for useful information and incorporating the useful information around the world into a single platform will substantially help Google to contribute towards the betterment of peoples life. In order to maintain the managerial structure and achieve the desired organizational outcome from the very beginning Google LLC has followed the transformational leadership style. The key attributes of which can be identified as achieving the goals and objectives in various unfamiliar ways. The organization believes in the mantra that if one cannot innovate anything in-house it is better to buy that which in contrast is opposite to Apple Inc which strictly believes in in-house innovation (Popli Rizvi, 2016). In other words the attributes of transformational leadership style can be stated as under this style the leader first identifies the areas where changes are needed to be implemented and works in coordination with the employees together at the same time through inspiring and motivating them the leader brings about those changes. In order to substantiate the leadership style Google has also enacted a few strategies which helps to strengthen the leadership and management structure of the organization. A few key strategies can be stated as follows, People who work with the organization are motivated in such a way that they strive to support the organization in retaining the position of King of search. Google considers a two way relationship between technology and strategy. Strategy is considered ass technology and vice versa (Yahaya and Ebrahim, 2016). The core strategy of Google is to acquire information, record the information, analyze it and applying the inner framework of the organization helps it to achieve the desired outcome. One of the most noteworthy strategy that supports the managerial framework is that the organization has never considered itself as a search engine it always believed that it is working on organizing available information throughout the world and making them useful and accessible to the people (Zareen et al. 2015). This in turn enabled its managers of workers to believe that that are working towards a noble purpose. Evaluation of the strategic management concepts used by Google LLC for maintaining its competitive edge The key for maintaining the strategic management structure of Google is that its bottom up structured here all the employees from all the levels play an important role in the process of strategy designing. Google LLC has designed its strategic framework in a way so that it works in association with the bottom-up process of developing strategies and approximates the logical incrementalism process. Presently the strategic planning has become more project oriented and complex in in nature (Al Sahi et al. 2016). Another feature of the strategic development of Google LLC is that it believes in developing a strategy through the process of experimentation and learning or which is called learning by doing. It first creates a number of small self-managed teams where knowledge is shared freely and the key norm is experimentation. Then it applies the principle of 70-20-10 which means 70% of the engineering resources would be devoted by Google in order to develop the core business while 20% will be used to develop that core area and 10% will be allocated to the fringe ideas (Notgrass 2014). The result of this the employees of Google becomes able to spend significant time working on the projects of their own choice. From this aspect it can be stated that Google LLC through the application of such a designed strategic framework became able to obtain a highly motivated workforce who are full of creativity, knowledge and the ability to invent. The organization faces steep competition in order to deal with which it follows a few strategies which are mentioned below, Hiring the best of the best employees because on the basis of their talent Google is flourishing and will continue to flourish in future. Protecting the intellectual property of the organization while increasing the rich portfolio of patents through the acquisition of new companies (Effelsberg et al. 2014). Continuously developing new knowledge and encouraging learning and incorporating those into new products and services. Conclusion On a concluding note it can be stated that the assignment has successfully investigated the strategic framework and the leadership structure followed by the organization. While conducting the study it has been observed that the structural framework of the company may seem to be unusual but it is highly organized and maintains a proper coordination between each of the department. For instance the leadership style adopted by the management is supported through set of strategies while the strategic framework is designed in a way that it encourages innovativeness and creativity which is also an integral part of the transformational leadership style. Reference List Al Sahi AL Zaabi, M. S., Ahmad, K. Z., Hossan, C. (2016). Authentic leadership, work engagement and organizational citizenship behaviors in petroleum company.International Journal of Productivity and Performance Management,65(6), 811-830. Effelsberg, D., Solga, M., Gurt, J. (2014). Transformational leadership and followers unethical behavior for the benefit of the company: A two-study investigation.Journal of Business Ethics,120(1), 81-93. Notgrass, D. (2014). The relationship between followers perceived quality of relationship and preferred leadership style.Leadership Organization Development Journal,35(7), 605-621. Pearlson, K. E., Saunders, C. S., Galletta, D. F. (2016).Managing and Using Information Systems, Binder Ready Version: A Strategic Approach. John Wiley Sons. Pisano, G. P. (2017). Toward a prescriptive theory of dynamic capabilities: connecting strategic choice, learning, and competition.Industrial and Corporate Change,26(5), 747-762. Popli, S., Rizvi, I. A. (2016). Drivers of employee engagement: The role of leadership style.Global Business Review,17(4), 965-979. Rothaermel, F. T. (2015).Strategic management. McGraw-Hill Education. Uhl, A., Gollenia, L. A. (2016).Digital enterprise transformation: A business-driven approach to leveraging innovative IT. Routledge. Yahaya, R. and Ebrahim, F., 2016. Leadership styles and organizational commitment: literature review.Journal of Management Development,35(2), pp.190-216. Zareen, M., Razzaq, K., Mujtaba, B. G. (2015). Impact of transactional, transformational and laissez-faire leadership styles on motivation: A quantitative study of banking employees in Pakistan.Public Organization Review,15(4), 531-549.

Monday, December 2, 2019

Reality shows free essay sample

â€Å"I do like reality shows, and I watch some of them because they’re high drama. Its also just fun to watch people have honest reactions† Lisa Kudrov . People love reality shows for its drama, its entertaining to them. Americans spend 1/3 of their free time watching television and of that 67% are reality shows. This means that more than half of America watches reality shows. Reality television is a genre of television programming that documents unscripted situations and actual occurrences, and often features a previously unknown cast. The genre began in earnest in the early to mid-1990s with The Real World. It then exploded as a phenomenon in the late 1990s and early 2000s with the global success of the series Survivor. These shows and a number of others (usually also competition-based) became global franchises, spawning local versions in dozens of countries. Reality television as a whole has become a fixture of television programming. We will write a custom essay sample on Reality shows or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Reality shows are so popular because first, fame and fortune are very appealing features. They can lure everyday people out of their boring lives with offers of money and appreciation by television viewers. The second reason reality TV shows are so popular is television viewers are quite simply nosey. They like to know what is going on behind closed doors and if it involves some type of controversy, that just makes it more intriguing. Its not scripted. One Reason why reality shows are so popular is because fame and fortune are very appealing features. They can lure everyday people out of their boring lives with offers of money and appreciation by television viewers. Reality TV shows have gone from exposing personal lives, for example keeping up with the Kardashians, to almost anything imaginable. There are reality TV shows about cooking, magic, business, relationships, jobs, skills, fitness, sports, cooking, home repair, car repair – you name it and there is probably a reality show about it on some channel. It motivates some people to better with themselves. Seeing these celebrities with money, big houses, cars, etc. gives the viewer an incentive to get that, too. It’s almost like an instant gratification. As the average American, we often long for those things. So when people see that, it motivates them, and makes them tune in every week to watch the show. More viewers equals more popularity. First and foremost reality shows are unscripted. Everything in the set happens spontaneously which gives the show a natural and not forced humor. It is based on real life events that is why a lot of people can relate to whatever is aired by the TV show making them more popular to the crowd. Also, most people featured are the ordinary looking ones and not the bigtime celebrity other TV shows usually have as a guest. Most of the time its just everyday people such as you and me. It can also relate to people that already have money. it’s because freedom and free speech. As reality shows basically reflects our actions in our daily lives. This will help the viewers to gain the confidence in voicing out their opinions. Those people have an equal opportunity to express their opinion. Reality shows are popular as it helps to bring out the voices of the people. Another reason why reality shows are so popular is because television viewers are quite simply nosey. They like to know what is going on behind closed doors and if it involves some type of controversy. Viewers love watching drama that has nothing to do with them. Its like they get a kick out of seeing others argue or fight. As long as there’s drama, there will be viewers. Reality shows are most similar to gossip between friends, neighbors and people, especially women, like to watch and talk about it. It makes the viewers feel like they actually know the characters. Like real life when we often gossip about people we know, or know about. Its an infatuating group conversation. Because of this reason they have a large amount of peoples watching it. Most of the scenes are not scripted and everyone wants to see what each character is up to, said or do that week. Each reality shows has their own theme which makes the show very interesting, but what make all realty TV show so popular are the reality stars they make the show gorgeous and keep people on track, that’s why people are so impatient to see the other episode. We love them! We follow them weekly and we never got enough time for watching them every week. It‘s difficult to watch every one. But many have favorites and they watch them weekly. In conclusion, reality shows are very popular. Whether it be from the money and fame, or simply because of the drama, reality shows are favored amongst viewers. Some people may disagree, but reality shows are only going to get more and more popular. Reality Shows free essay sample Fame seekers may claim that reality TVs biggest advantage comes in its unrivaled ability to produce more 15 minutes of fame stars than other TV genres. A reality show provides exposure that people could not get anywhere else, giving non-celebrities the potential to become household names and land opportunities that otherwise may evade them. Achieving Ones Dream Competitive reality programs offer another advantage to participants: the opportunity to follow dreams, land big breaks or win large amounts of cash. Viewers, in turn, may think they can accomplish the same and apply. Aside from the winner, numerous finalists on Foxs American Idol secure a record deal, while the triumphant contestant on CBS Survivor wins $1 million. Romantically challenged people could find love by appearing on reality dating shows such as ABCs The Bachelor and The Bachelorette. Couples from both series went on to enjoy lengthy post-show relationships, though like real life, Cupids arrow sometimes shoots and misses the mark. We will write a custom essay sample on Reality Shows or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Sponsored Links Who. is Lookup Free A Global Who Is Lookup for Domains. Most accurate listing online! www. ho. is Lack of Privacy Participants (and in some instances viewers) also have to deal with reality TV disadvantages. Applicants need to read the fine print in every legal document they sign, as a personal release form gives TV producers the rights to film them during every aspect of the program. If you apply to appear on a reality program, you have no grounds to complain about lack of privacy, or that you cannot control what ends up on TV. Every stipulation usually appears in personal and location release forms, as well as informed consent forms. Harmful Effects to Reputation When participants surrender their rights to privacy, they may not consider reality TVs long-term effects, subjecting themselves to potentially humiliating events that harm their reputation. Some participants emerge unscathed and parlay bad reputations into other ventures, but others may experience less fortune. If participants engage in questionable behavior and it appears on television, it could impact their relationships with family and friends, not to mention employers and the law. Established celebrities have no immunity to reality TVs consequences; any questionable behavior on a reality program may cause Hollywood to have little to no interest in working with celebrities on future projects. The Editing Process and Inauthenticity Viewers often wonder if reality TV projects real-life, unscripted moments. Programs like Foxs COPS depend on authentic interaction between law enforcement and criminals. Most reality shows, though, may edit programs to fit their own agenda, presenting viewers expecting reality with inauthentic programming. Such actions may result in exaggerations of events or painting participants in an inaccurate, non-flattering light. Participants in programs like The Real World claim producers influence what people do on camera. Omarosa Manigault-Stallworth, who emerged with a less-than-flattering reputation while on NBCs The Apprentice, told Time magazine that producers never filmed her when she was making nice, only during heated, great-for-TV moments. Some participants use reality TV as a means to portray a type of person they could not be in real life. Such was the case for Russell Kairouz, who claims that his jerk-like behavior was all a show on on CBS Big Brother in summer 2009. Regardless of whether reality shows fake it, most viewers do not seem to mind, according to a 2006 Time poll. More than half of respondents said that accuracy did not impact their enjoyment of a program, while less than one-third believed reality shows depicted real experiences.