Business Impact Essays (Examples)

Threats due to weather include floods, earthquakes, hurricanes, tornadoes and blizzards. Planning for weather events should be very realistic in nature. Major weather events usually occur in 25, 50 and 100-year cycles. Disease outbreaks are also a big threat. A potential flu pandemic could be detrimental to many businesses. For example, the bird flu pandemic scenarios that are floating around are being modeled on the Spanish flu pandemic of 1918. That global outbreak killed 500,000 people in the United States and more than 20 million people worldwide. Since that time there have been two other smaller scale flu pandemics, each that killed hundreds of thousands of people. The flu is just one disease that can cause a business disaster situation around the world (Business Continuity during a Disaster, 2008).

ecent years have also shown that terrorism threats are a real possibility that needs to be considered. Terrorism is a great…

References

Aceh Post-Tsunami Reconstruction: Lessons Learned Two Years on. (2006). Retrieved

September 22, 2009, from the World Bank Web site:

http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:21164835~pag ePK:64257043~piPK:437376~theSitePK:4607,00.html

Amato-McCoy, Deena M. (2006). Planning for Continuity. Retrieved September 23, 2009, from Bank Systems and Technology Web site:

If the dignity of work is to be protected, then the basic rights of workers must be respected -- the right to productive work, to decent and fair wages, to the organization and joining of unions, to private property, and to economic initiative (Themes of Catholic Social Teaching)."

As it relates to the Christian business, this principle should encourage business owners to pay their employees a living wage. A living wage guarantees that an individual will be able to afford the basic necessities in life (i.e. food, clothing, shelter).

The living wage varies depending on the location but many jobs in America do not pay workers a living wage even when they have been working there for a substantial amount of time. As an aspect of business ethics, Christian business owners should evaluate the amount of pay that workers receive and make certain that it is a living wage. Paying…

References

Themes of Catholic Social Teaching. United States Conference of Catholic Bishops. Retrieved April 4, from;  http://www.usccb.org/sdwp/projects/socialteaching/excerpt.htm 

Vickers Mark R. (2005) Business Ethics and the HR Role: Past, Present, and Future. Human Resource Planning. Volume: 28 (1), p.26.

Business Continuity and Service estoration

The business continuity planning is the identification of potential external and internal threats that can lead to the disruption of the business process, which can lead to a loss of business infrastructures. In other words, the business continuity plan is the response of hazard that threats an organizational business process. The disruption of business operations can be predictable or unpredictable. However, the power outage and the minor network failures are minor problems that can disrupt business operations. However, a real disaster that can disrupt business activities is cyber attacks, flood, and theft of sensitive data. Business organizations can suffer unanticipated losses because of natural disasters, however, the goal of business continuity plan is to assist in recovery in the critical business process.

In the contemporary business environment, disasters are inevitable, and vary in magnitude and types. Disasters are defined as the abrupt destruction of business…

Reference

Pinta, J.(2012). Disaster Recovery Planning as part of Business Continuity Management Pinta, J. AGRIS On-line Papers in Economics and Informatics. 3.4: 55-61.

usiness Continuity

The process of business continuity planning entails development of a practical strategy for corporations to prepare themselves for, and keep up their operations, following a crisis or disaster. usiness continuity plans (CPs) aid organizations in identifying and preventing risks wherever possible, preparing for risks they are unable to control and responding and recovering in the event a crisis or incident does occur. Preparation of a plan for business continuity will facilitate quick business recovery in the event of a disaster/crisis. One cannot predict all sorts of incidents that pose threats to businesses. However, one can formulate a plan covering an array of incidents (natural disasters, staffing issues, computer/technological issues, etc.). (Queens Land Government, 2015) In every instance, companies cannot flourish without proper planning, monitoring, and resource management.

The organization -- First Class Cleaning and Sanitation Services -- offers general cleaning services to businesses as well as homes. It…

Bibliography

Griffin, J. (2013). Natural Disasters Highlight Importance of Business Continuity Plans.

Silver, F. (1997). Quick Books Online. In The Effects of Lack of Planning in an Organization.

The Center for food security and public health. (2010). POWER OUTAGES AND YOUR Business: Man-Made and Technological Threats. Retrieved from:  http://www.prep4agthreats.org/Assets/Factsheets/Power-Outages-and-Your-Business.pdf 

BC Hydro. (2016). Prepare your business for an outage. Retrieved from:  https://www.bchydro.com/safety-outages/power-outages/prepare-for-outages/prepare-your-business.html

Business Plan -- ocky Mountain Sports Fishing, LLC

Business Description

Definition of the Market

Services Offered

Organization/Management

Marketing Strategy

Financial Management

ecreational fishing is a multi-billion dollar industry in the United States, both for salt and freshwater. Conservative estimates show that there are upwards of 30 million individuals with more than a 1-2 time/annum interest in the sport. This has an overall impact on the economy of $125 billion (Williamson, 2012). Consumer demographics show that it is primarily a male oriented event. Mobility and technology have improved the sport in the last two decades, as well as maps, surveys, and handheld sonar and GPS devices. For this reason, as an organized sport, it is chiefly an upper middle and above income sport that also may require several thousand dollars in travel expense. There are even contests for ice and sport ice fishing in the U.S. And Canada.

Sport fishing is…

REFERENCES

Hummel, R. (1994). Hunting and Fishing for Sport: Commerce, Controversy, Popular Culture. Bowling Green, OH: Bowling Green State University.

Kotelnikov, V. (2001, January). Customer's Perspective of Quality. Retrieved from E-Coach: http://www.100ventures.com/business_ guide / corsscuttings / bizsys_customer.html

Skorupa, J. (1991, September). Eco-Tourism Arrives. Popular Mechanics, p. 92.

Turban, E. (2002). Electronic Commerce: A Managerial Perspective. New York: Prentice Hall.

Business

How forces in and outside of business firms are changing the management task, altering business operations, and modifying stakeholder expectations?

Business, particularly those heavily emphasizing technology, are constantly changing. In many instances these changes are occurring due to a combination of internal and external factors. These factors often modify stakeholder expectation because the fundamental business itself has shifted. A very dynamic force that is changing the management task is that of globalization. Globalization is particularly contentious because it has no geographic limits. Competition can now come from anywhere at anytime. As such, management must be cognizant of the changing dynamics prevailing in their respective industries. The auto industry, for example, has directly felt the impact on globalization and stakeholder expectations. The auto industry prior to foreign competition was characterized by large fixed asset costs, hefty legacy and pension obligations, and slow innovation. However, through globalization the Japanese's were able…

Business Plan

In order to accomplish our mission we set forth the following strategic goals, they include:

Build the Financial perspective of our business by addressing how shareholders view the firm and which financial goals are desired from the shareholder's perspective. Goals are closely linked to the business lifecycle and must be adjusted over time. For example, in the early stages, our goal is revenue growth, but as the company becomes more sustainable, profitability will become more important.

Increase customer value by discovering what a customer's needs and value expectations are and then meeting or exceeding these expectations. Some examples of things that customers value include a broad selection of products, quality, service, performance, and low price.

Achieve operational excellence through the internal productivity that optimizes those business processes that will best satisfy customers. Productivity is more than efficiency; it depends on the value of the products and services (utility,…

Additionally, businesses must anticipate seasonal shifts in demand when allocating and anticipating costs. A toy company cannot assume that the revenue it enjoys after a Christmas marketing a 'hot toy' will be sustained all year 'round.

In terms of taking a long-term view, a business should treat its employees in an ethical fashion. If employees are treated in a respectful manner, they are likely to perform better and show more loyalty to the organization. Additionally, if a company is found to be exploiting its employees, as was the case of Nike and the 'sweatshop'-type conditions of its offshore operations, this negative publicity can deter individuals from buying from the company. Employee costs in the long and short-term, in terms of compensating employees for overtime and giving them reasonable benefits, must also be included in the business plan. Also, the possibility of stock options, should the company incorporate, is another issue…

References

Business plan for starting out, 2010, Score Retrieved September 4, 2010 at www.score.org/.../Business%20Plan%20for%20Startup%20Business.doc

The value of a business plan. (2010). Striding Out. Retrieved September 4, 2010 at  http://www.stridingout.co.uk/business-planning/the-value-of-a-business-plan.html

Business Plan

Company summary

The company deals in interior finish materials. The range is from the floor tiling and laminated floor boards to the paint and lighting systems. The company primarily sells and advices the clients on the best interior finish material to use, once they have finished their basic construction of the house. The company works closely with the homeowners, interior designers, architects, developers and construction consultants.

It is of great importance for the management of a business to know their areas of Strength, Weakness, Opportunities and Threats to be able to capitalize more on their strength and take precautions on their area of shortcomings (Marketing Teacher, 2011). It will also enable us as accompany to seize the opportunities that arise and curb any threats like the budding competitors early in time. This is because before one engages the business to carry out a particular task, one must first…

References

Marketing Teacher, (2011). SWOT Analysis. Retrieved May 16, 2011 from  http://www.marketingteacher.com/lesson-store/lesson-SWOT.html 

Michael Ison & Kerry Kempton, (2007). The impact of management style. Retrieved May 16,

2011 from  http://www.dpi.nsw.gov.au/__data/assets/pdf_file/0004/179185/the-impact-of-management-style.pdf 

Regina Edwards, (2011). Importance of SWOT Analysis. Retrieved May 16, 2011 from http://www.ehow.com/about_5377992_importance-SWOT-analysis.html

The office and administrative expenses would remain constant even to that point, as would the insurance expense.

Exhibit B: Cash Flow Statement, Year Two

At this point, the business is earning a healthy return and Mr. Ahn is receiving will be able to bring in a reasonable salary. The nature of the business may well change at this point. At the maximum revenue of $144,000 per year the pretax profit would be $63,600. As a result, it is likely that a clinic will be formed with other practitioners in order to minimize expenses and increase profitability.

e did not include taxes in our cash flow examples because the company is going to be set up as a sole proprietorship. This means that the income from the company will be rolled into the income for Mr. Ahn, as well as his liabilities. Mr. Ahn's personal expenses are therefore not included in…

Works Cited

No author (2007). Traditional Chinese Medicine. Alternative Medicine Foundation. Retrieved December 18, 2008 at  http://www.amfoundation.org/tcm.htm 

No author (2005). Regulation of TCM in the United States. Medscape Today. Retrieved December 18, 2008 at  http://www.medscape.com/viewarticle/511877_7 

No author (2008). HIV / AIDS, the U.S.-China Partnership for Public Health at Work, and Traditional Chinese Medicine in the U.S. Fact Sheet. U.S. Department of Health and Human Services. Retrieved December 18, 2008 at  http://www.hhs.gov/news/facts/chinahiv.html 

Census information from U.S. Census Bureau. Retrieved December 18, 2008 at  http://factfinder.census.gov/home/saff/main.html?_lang=en

This is further based on the following assumptions:

1. The company will charge $150 per hour for each client.

2. The company expects to spend at least 80 hours a year with each client.

3. The company expect to see at least 30 clients per year, which will generate a revenue of $150 x 30 x 80 = $360,000. For the purpose of this computation, this will be regarded as the selling price.

4. The company expects its yearly fixed costs to be $526,000. This fixed cost consists of the cost of staff remuneration, utility bills and advertising.

5. The company expects its variable costs to be about $344,000 a year, comprising of the cost of equipment servicing and maintenance, legal costs, and so on.

Given the above assumption, the company's yearly break-even point can be computed as follows:

The implication of the above computation is that LNS must service…

References

Graham J.R., Smart S.B., & Megginson W.L. (2010): Corporate Finance -- Linking

Theory to What Companies Do. Mason, OH: South-Western Cengage Learning.

Hubbard R.G., O'Brien a.P. (2009): Macroeconomics. Upper Saddle River, NJ: Prentice-

Hall

Business report compares the two Australian service providers where by various aspects are critically looked at in respect to the design elements of a retail store environment. The elements are categorized into exterior facilities, general interior, store layout, interior displays and the social dimensions. Each of these design elements are categorically looked into differently taking into account the services being offered by the two chosen service providers namely Fadez Barbershop and Gloria Jean's Coffees.

The two chosen service providers are unique in their own way having been selected from different industries. Various design elements in comparison with the ussell's Model of affect are discussed and how they relate in different ways. ussell's model of affect talks about the various arousal levels that the consumers achieve when in contact with the mentioned design elements of a retail store environment, the interpretations and the impact they have that affects the buying decisions…

References

Adam W. (2011). Fadez Barber Shop. Retrieved September 16, 2012 from  http://www.yelp.com/biz/fadez-barber-shop-newtown 

Anna stahl, Kristina Hook & Petra Fagerberg, (n.d). Designing gestures for Affective input: An analysis of shape, Effort and valence. Retrieved September 16, 2012 from  http://eprints.sics.se/145/1/PaperA.pdf 

Authorstream, (2012). Crafting the Service Environment. Retrieved September 16, 2012 from  http://www.authorstream.com/Presentation/aSGuest80925-757045-personal-environment/ 

Christopher Lovelock and Jochen Wirtz, (2004). Planning the Service Environment. Retrieved September 16, 2012 from  http://tulip.bu.ac.th/~nisit.m/lovelock10.ppt

Business Proposal

The American economy is undergoing fundamental change. Due primarily to globalization, industries continue to innovate and change. In particular, the rise of the information age has altered the manner in which business is conducted. Technology has now become an integral aspect of all business operations. In many industries however, technology has had very little impact on the fundamental operations of the business. It is these businesses that are unlikely to undergo fundamental change that are particularly appealing to me. For one, these businesses are relatively stable over the long-term. Earnings, profits, and revenues may increase or decrease over subsequent periods. The underlying business however will remain intact. As such, the business that I will own will be a fitness center.

A fitness center is relatively stable in its value proposition to society. More than one billion adults worldwide are overweight. In the United States alone obesity is responsible…

References:

1) Lee, IMin ( July 2012). "Effect of physical inactivity on major non-communicable diseases worldwide: an analysis of burden of disease and life expectancy." The Lancet.

2) Morris J.N., Margaret D. Crawford Coronary Heart Disease and Physical Activity of Work British Medical Journal 1958; 2 pages1475 -- 1486

3) Reamy, Walker BV (April 2009). "Diets for cardiovascular disease prevention: what is the evidence?." Am Fam Physician 79-569 -- 578.

hen this happens, actuaries can use the data that was collected to provide a clear picture of what is taking place inside the various segments of the firm. ("Sarbanes-Oxley Act") (Holland)

Obtaining a complete list of all business units is where the off the books activities and any type of outside partnerships are disclosed to managers. This helps them to determine the extent of these arrangements on the company and the impact of the actions of other entities. Once this takes place, is when actuaries will have a better understanding of what is occurring and how this is contributing to the corporation's growth. ("Sarbanes-Oxley Act") (Holland)

Performing a risk assessment is when executives will determine if there are any kinds of actions that pose a threat to the firm. This allows them to see if questionable areas are a possible danger and the lasting impacts it will have on the…

Works Cited

"Sarbanes-Oxley." Deloitte, 2010. Web. 29 Jun. 2013.

"Sarbanes-Oxley Act." Price Waterhouse Coopers, 2004. Web. 29 Jun. 2013.

"Sarbanes-Oxley Act 2002." Investopedia, 2013. Web. 29 Jun. 2013.

Holland, Jessica. "Ensuring Compliance with Sarbanes-Oxley." University of South Carolina, 2006. Web. 30 Jun. 2013.

Business Plan

Business Financial Plan for Sweet Tooth Treats

Baking has always been a major part of my family life, and for generations there has been infamous cookie recipes past down from one cook to the next. Every holiday season, my cookies are notorious for being the best any gift receivers have ever had. Finally, I believe it is time to make my baking hobby and actual money making enterprise. I know I have the recipe, the potential customers, and options for both retail space and an online presence. The only thing missing is the initial push to make this hobby an actual business -- Sweet Tooth Treats.

Business Start Up Plan

Product

The essentially product here is the various cookies, of different flavors and ingredients. I have several recipes for cookies, both permanent and seasonal variations. These products will be sold in both individual sales at a retail location,…

References

Colorado Small Business Association. (2012). The beginning balance sheet. Documents. Web.  https://www.coloradosbdc.org/DocumentMaster.aspx?doc=4 

Damrauer, Virginia Hire. (2010). One Good Cookie. National University. Web.  http://www.academia.edu/346438/One_Good_Cookie_A_Business_Plan 

Hub Pages. (2012). How to start your own cookie business from home. Small Business and Entrepreneurs. Web.  http://kathrynvercillo.hubpages.com/hub/Start_Your_Own_Cookie_Business 

Office of Financial Management. (2012). Generally Accepted Accounting Principles (GAAP). Accounting Principles. Web.  http://www.ofm.wa.gov/policy/80.20.htm

Business Plan

Description of the Business

The business is a gourmet candy shop. The shop will sell gourmet candy that has been sourced from all over the world. The shop will operate with one storefront location, and there will be an Internet/mail order component as well.

The rationale for the business is simply. There is a growing trend towards hedonistic approaches to dining. We have seen in the past few years the rise of the bacon fetish, high end craft beer and coffee, cupcakes, the move of fine dining to the mass market and a full embrace by Americans of better quality indulgent goods. Much of this trend can be credited to the aging of the population, as people seek to maximize pleasure. They have the financial means to treat themselves, and seek to balance this hedonism with a desire to be healthy. The intersection of these ideals is where…

References

Bailey, E. (2013). Pros and cons of incorporation. Suite101.com. Retrieved November 14, 2013 from http://suite101.com/a/pros-and-cons-of-incorporation-a42401

FASB. (2013). International convergence of accounting standards. Financial Accounting Standards Board. Retrieved November 14, 2013 from  http://www.fasb.org/jsp/FASB/Page/SectionPage&cid=1176156245663 

IRS.gov. (2013). Publication 946. Internal Revenue Service. Retrieved November 14, 2013 from  http://www.irs.gov/publications/p946/ar02.html#en_US_2012_publink1000270861 

NCA. (2013). Profile of the U.S. candy industry. National Confectioners' Association. Retrieved November 14, 2013 from  http://www.candyusa.com/content.cfm?ItemNumber=1607

Many people have become critics of the ethical standards of many industries, yet many such industries (pharmaceuticals, agribusiness, casinos, tobacco companies) remain highly successful.

Since the definition of ethics is always in the eye of the beholder, it is essential that the business frame the issue of ethics in a proprietary manner. Each firm will choose a slightly different version of ethics to which it will adhere, but that choice must reflect the ethical standards of potential investors and potential customers so as to continue to attract both groups. A business with a clearly thought-out, well-defined code of ethics is more likely to have those ethics permeate throughout the organization. If nothing else, the ethical principles will be consistent throughout the organization, such that management and other stakeholders know what to expect from their employees. That, at least, will provide insurance against the likelihood of an Enron-type situation where nobody…

Works Cited:

Concord Business Development. (2001). Importance. Concord Business Development. Retrieved December 14, 2009 from  http://www.concordbusiness.com/services/business_plans/importance.html 

Cox, H. (2007). The importance of a business plan. EZine. Retrieved December 14, 2009 from  http://ezinearticles.com/?The-Importance-of-a-Business-Plan&id=834882 

No author. (2007). Competitive Advantage. QuickMBA. Retrieved December 14, 2009 from  http://www.quickmba.com/strategy/competitive-advantage/

Business Plan

The business that I am going to start is a small coffee microroastery and shop. The company will perform two basic functions. The first is a product function, the roasting of coffee beans. Green beans will be received by the company, roasted, and then both used in the shop and made available for a variety of retail channels. The second function will be a service function, based on the production and serving of beverages and light snacks. The staffing plan will be simple. The owner/manager/roaster will perform most of the management tasks associated with the shop. There will be an assistant manager who doubles with barista duties, as well as 4-6 part-time staff members, filling 3 FTEs in the barista/service function. This plan is based on experiences at other, similar operations, in addition to meeting a few other needs. One is the need to keep costs down, and…

Works Cited:

Inc. (2000). Cash vs. accrual accounting. Inc. Magazine. Retrieved November 13, 2012 from  http://www.inc.com/articles/2000/04/19194.html 

IRS.gov (2012). Limited liability company (LLC). Internal Revenue Service. Retrieved November 13, 2012 from  http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Limited-Liability-Company-%28LLC%29 

KPMG. (1999). Internal control: A practical guide. KPMG. Retrieved November 13, 2012 from www.ecgi.org/codes/documents/kpmg_internal_control_practical_guide.pdf

Perez, W. (2012). Types of business organization. About.com. Retrieved November 13, 2012 from  http://taxes.about.com/od/taxplanning/a/incorporating_2.htm

There has been little in the way of fiscal policy, and the result has been entirely predictable. ith no particular influx of spending into the economy, the recovery has generally been quite weak. ith no fiscal policy tools on the horizon, it is therefore unlikely that any improvement to the recovery will take place.

International business is also an option for a company to improve its situation. If a company wants to sell, for example, running shoes, it has a number of options for this. The company could make the shoes in one country and sell them around the world. The company could also make the shoes in a number of different countries for local sale. It is recommended that the country should take advantage of economies of scale and produce in one country. Then, the company should sell the shoes all over the world. It can use local help…

Works Cited:

World Economic Forum (2013). Global agenda council on the role of business. World Economic Forum. Retrieved May 5, 2013 from  http://www.weforum.org/content/global-agenda-council-role-business-2012-2013 

Friedman, M. (1970). The social responsibility of business is to increase its profits. New York Times Magazine Retrieved May 5, 2013 from  http://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html 

Labonte, M. (2013). Federal Reserve: Unconventional monetary policy options. Congressional Research Service. Retrieved May 5, 2013 from  http://www.fas.org/sgp/crs/misc/R42962.pdf

Business

Pros and Cons of Partnership as a form of business

Partnership is a form of business where one or more individuals come together for the realization of a common economic goal. As with other forms of businesses, there are numerous pros and cons that come with it. One of the primary advantages is the pooling of resources that can be used for the achievement of the common goal. These common resources can include capital as well as skills needed for the successful execution of the business objectives. Another advantage is the lower rate of taxation. The profits from the business is treated as personal tax and so, the slabs are much lower. Lastly, it offers a high degree of flexibility and is simpler than many other forms of businesses such as corporations.

Partnership comes with its disadvantages as well. Firstly, partners have a joint and several liability which means…

References

Hanson, Mary. (1998). The Business Adviser Partnership: The Pros and Cons. Bizadvisor.com. Retrieved from:  http://bizadvisor.com/PartnershipProsandCons.htm 

US Small Business Administration. (2012). Retrieved from:  http://www.sba.gov/ 

Warren, Carl; Reeve, James; Duchac, Jonathan. (2011). Managerial Accounting. California: Cengage Learning.

Moore, Karl. Pareek, Niketh. (2010). Marketing: The Basics. New York: Taylor & Grancis.

Business cluster refers to the geographical concentration of closely related businesses, suppliers, and firms belonging in a given field. The primary objective of forming these clusters is to boost the productivity with which firms compete at both national and international levels. Clusters are also crucial in the strategic management processes. This article discusses the benefits of such clusters, the management at domestic and international scales, and the negative aspects of clustering (DeWitt, Giunipero & Melton, 2006).

Concentrated clusters promote the management of supply chains by developing strong relationships between the customer and supplier. Employing the concept of concentrated clusters enhances the benefits a company derives from its interaction by linking various companies and other business entities within the same industry. Operating in concentrated cluster enables firms to understand the precise needs of customers and vice versa. With this situation in place, businesses are able to establish permanent clientele who in…

References

Fischer, M. (2007). Determination of Critical Success Factors for the Development of Biotechnology Clusters. New York, NY: GRIN Verlag

Porter, M.E. (2000). Location, Clusters, and Company Strategy; Oxford Handbook of Economic

Geography. Oxford: Oxford University Press

DeWitt, T., Giunipero, L.C., & Melton, H.L., (2006). Clusters and supply chain management:

Business Entities, Laws, And egulations

This paper will focus on the challenges faced by one start-up businesses and an established company with labor issues. For the start-up, a birth clinic, a case needs to be made for the type of business entity they should each use. The established company is a construction company whose business entity must be identified and employment law pertaining to the scenario will be discussed. For each business, identification of the best business entity for the given situation needs to be accomplished first. The decision of the type of business entity will take into consideration control, taxation, and liability issues. eview of the laws and regulations that each ownership group must consider and identification of risks that the businesses should protect against will be discussed. eview of the construction company's business structure and how it affects control, taxation, and liability issues along with how employment law…

References

Cheeseman, H.R. (2010). The legal environment of business and online commerce: Business ethics, e-commerce, regulatory, and international issues. (6th ed.) Upper Saddle River, NJ: Pearson Prentice Hall.

University of Phoenix. (2010). Course syllabus. Retrieved from University of Phoenix, BUS415 - Business Law website.

Business & Society

In one paragraph, supported by evidence in your text and from other research, describe two forces that you believe shape the relationship between business and society. Provide two examples (one for each force you choose). Look for flaws and strengths in specific examples and applications.

There are several factors that determine how the business relates to the society. One of these factors is the ever-changing expectations of the society and the ethics Lawrence, Weber, & Post, 2005, pp. 27.

This is what has caused many organizations to adopt corporate social responsibility. Corporate social responsibility, more commonly known as CS or corporate citizenship, is where the business attempts to understand the community and environment in which it is operating and how its activities are affecting the community and environment and thus it devices strategies to eliminate any negative effects and encourage activities which increase the positive effects. In…

References

Lawrence, A.T., Weber, J., & Post, J.E. (2005). Business and society: stakeholders, ethics, public policy. New York, NY: McGraw-Hill/Irwin.

Stuhl, O. (2011). Review: Everything but the Coffee: Learning about America from Starbucks. Gastronomica: The Journal of Food and Culture, 11(3), 109-110.

In certain situations the landed cost can also include customs duties, and other taxes that apply to the shipment in case.

Shipping and insurance -- 7.5% of the product's cost.

Packaging -- 5% of the product's cost.

Profits -- 20% of the product's cost.

Organic bread landed cost - $15+7.5%+5%+20% = $19.2

Organic fruits landed cost - $17 +7.5%+5%+20% = $21.76

Organic vegetables landed cost - $16 +7.5%+5%+20% = $20.48

Organic desserts landed cost - $32 +7.5%+5%+20% = $40.96

Organic cheese landed cost - $45 +7.5%+5%+20% = $57.6

Organic wine landed cost - $46 +7.5%+5%+20% = $58.88

The landed cost is established in accordance with the profits requirements of the company. The company must also identify the profits that distributors in Germany are interested in. This is intended to help Naturally Green develop a pricing strategy that can satisfy the company, its distributors, and its customers. It is important to…

Reference list:

1. Industry Statistics and Projected Growth (2012). Organic Trade Association. Retrieved November 21, 2012 from  http://www.ota.com/organic/mt/business.html .

2. Germany (2012). CIA, the World Factbook. Retrieved November 22, 2012 from  https://www.cia.gov/library/publications/the-world-factbook/geos/gm.html .

3. Landed Cost (2012). Business Dictionary. Retrieved November 22, 2012 from  http://www.businessdictionary.com/definition/landed-cost.html .

However, while the majority of goods will see an increase in demand when prices decrease, the rate at which demand changes of will vary, and some products may see a faster increase than others (Baye, 2007). Additionally, in a few cases a decreasing price may undermine the value of the product, and may result in a decrease in sales, this is known as a Giffen good (Baye, 2007).

lasticity is a way of measuring the impact that a change in price will have on the demand for a product, and the revenues which are generated. If Will wants to maximize revenues, he can use the concept of elasticity in order to determine how prices for both the out of copyright and new books should be price.

The calculation of elasticity is relatively simple, if there is some historical data available indicating sales following a price change. lasticity can be calculated…

Elasticity is a way of measuring the impact that a change in price will have on the demand for a product, and the revenues which are generated. If Will wants to maximize revenues, he can use the concept of elasticity in order to determine how prices for both the out of copyright and new books should be price.

The calculation of elasticity is relatively simple, if there is some historical data available indicating sales following a price change. Elasticity can be calculated by dividing the percentage change in the demand by the percentage change in the price (Baye, 2007). For example, if there is a 50% decrease in demand following a 50% increase in price the calculation will be -50/50 = -1. In elasticity calculations is it is usual to drop the negative indicator (Baye, 2007). This means that for every 1% increase in price there will be 1% decrease in demand, and conversely for every 1% decrease in price there will be a 1% increase in demand. If this is applied to the sale of movies where he found that when prices decreased from $80 to $20 sales increased by 600% a sample plasticity calculation can be undertaken. In this case plasticity is calculated by dividing 600 by -75, which gives an elasticity of -8, or 8 because the minus indicator is dropped. This means that it was possible to calculate the change in prices, and that for every 1% decrease in prices there would be an 8% increase in sales. Where the increase in demand is greater proportionately than the decrease in price, there will be an overall increase in revenue, where the elasticity is less than one the proportional change in demand will be less than proportional change in the price.

With the case of the films, it was clear that the company was better decreasing prices in order to increase sales. However, the digitized books are a different matter, they are different product, and at the current time they are benefiting from the competitive advantage of diversification, as the technology is patented and Will does not believe that it can

Business Society and Corporate Values

There has indeed been a great deal of discussion regarding CEO compensation, which is rightly viewed as being completely out of line. The core problem and cause of inflated CEO salaries cannot be attributed to a single reason, but is rather the result of a range of inter-connected factors. What is definitive is the fact that these salaries have inflated over time; this is in part due to the fact that greed is a progressive, boundless factor. "According to the Economic Policy Institute, in the late 1970s, total compensation of chief executives in large American corporations was 35 times that of the average American worker. In 2007, it was 275 times that" (Borger, 2007). These facts alone demonstrate that there is good reason to be in a state of alarm. The reasons for such severely inflated and remarkably unjust salaries are a result of the…

References

Ball, P. (2012, July 4). GlaxoSmithKline's bribes are evidence that Big Pharma isn't working. Retrieved from Guardian.co.uk:  http://www.guardian.co.uk/commentisfree/2012/jul/04/glaxosmithkline-big-pharma-not-working 

Borger, J. (2008, September 5). Why do CEOs make so much? Retrieved from Minnpost.com:  http://www.minnpost.com/politics-policy/2008/09/why-do-ceos-make-so-much 

Boselovic, L. (2011, May 15). Rajaratnam case puts big chill on insider trading. Retrieved from post-gazaette.com:  http://www.post-gazette.com/stories/business/news/rajaratnam-case-puts-big-chill-on-insider-trading-297777/ 

Choudhury, U. (2011, October 14). Rajaratnam becomes a 'whipping boy' for Wall Street misdeeds. Retrieved from firstpost.com:  http://www.firstpost.com/business/rajaratnam-becomes-a-%E2%80%98whipping-boy%E2%80%99-for-wall-street-misdeeds-107346.html

Business Manager 0668

Transactions Process

Tools for customers

E-commerce payment solutions

Search Engine Optimization

Strategies for improvement

Affiliate Programs

Website advertisement

Search Engine Optimization and webpage rankings

Global business diversity

Business climate

Language

Culture

Infrastructure

Customer elationship Management

Website integration of tools

Discuss how you will facilitate customer payment using e-commerce solutions (e.g., how the transaction will take place, including the tools customers will use).

The customer transactions and payments are one of the important elements of e-commerce strategy. The businesses are required to offer a secure and trust worthy system for their client to manage the financial transactions. There are different transactions handling methods used by the e-commerce-based organizations. These payment methods should be aligned with the overall business transaction handling process as well as appropriate selection of tools and e-payment solutions.

Transactions Process:

The transactions of products produced under the label of Sunny Day salon are mainly related…

References:

Buttle, F. (2012). Customer relationship management.USA: Routledge.

Kent, P. (2012). Search engine optimization for dummies. USA: John Wiley & Sons Inc.

Kim, C., Tao, W., Shin, N., & Kim, K.S. (2010). An empirical study of customers' perceptions of security and trust in e-payment systems. Electronic Commerce Research and Applications, 9(1), 84-95.

Ojeda-Zapata, J. (2011). iPad Means Business: How Apple's Tablet Computer is Changing the Work World. USA: Happy About.

This means that you must continually monitor and communicate about possible changes, pertaining to the overall scope of the threat. Once this occurs, is when an entity will have an effective security procedure that will adapt to the various changes that are taking place.

This is significant, because this information can be used to corroborate the overall nature of security threats that could be faced by the SME. Where, this information is useful in helping to identify and address possible operational considerations that must be taken into account. As a result, this will help to provide not only a glimpse of possible security challenges that will be faced, but it will also help to establish an effective IT security protocol.

When you compare this with the previous source, this information can be used to highlight specific security threats that the company we are examining could face. Where, it discusses the…

References

E Commerce Growth. (2010). Strategic E-Commerce Solutions. Retrieved from:  http://www.sescommerce.com/ecommerce-growth.asp 

Internet Usage Statistics. (2010). Internet World Stats. Retrieved from:  http://www.internetworldstats.com/stats.htm 

PEW Wireless Internet Usage Rising. (2010). Wireless Week. Retrieved from: http://www.wirelessweek.com/News/2010/07/PEW-Wireless-Internet-Use-Rising-Mobile-Content/

Reflective Writing. (2010). UNSW. Retrieved from  http://www.lc.unsw.edu.au/onlib/pdf/reflective.pdf

usiness Study Nucor Steel

Historical Performance Review vs. Goals

The performance of Nucor Steel has been one of volatility in their earnings and demand for their products. Part of the reason of for this, is because of the sharp contraction in demand for steel (due to the server implosion in economic activity). At the same time, the traditional volatility of industry would cause the company's earnings to become even more unpredictable. A good example of this can be seen by looking no further, than comparing revenues with the net income between 2006 and 2008. Where, revenues would climb from $14.7 billion in 2006 to $22.6 billion in 2008. While the net income, would become more unpredictable during the same period of time going from: $1.7 billion in 2006 to $1.4 billion 2007. At which point, they would begin to climb again, with 2008 net income coming in at $1.8 billion.…

Bibliography

Nucor Corporation. (2009). Scribd. Retrieved from:  http://www.scribd.com/doc/21947260/Nucor-Report 

Nucor Reports Quarterly Results for the First Nine Months of 2010. (2010). Nucor. Retrieved from:  http://www.nucor.com/investor/news/releases/?rid=1485562 

Nucor Steel. (2010). Yahoo Finance. Retrieved from:  http://finance.yahoo.com/q/co?s=NUE+Competitors 

Packard, John. (2010). Nucor Lowers Galvanized Coating Extras. Steel Market Update. Retrieved from:  http://www.steelmarketupdate.com/pub/blog/posts/2010/5/28/nucor-lowers-galvanized-coating-extras/

Inability to generate profits almost immediately from the retail side will impact our ability to grow on the board side, as we will then be supporting the store with the board sales. Our plan expects the opposite.

8c) Assumptions to Income Statement.

We assumed seasonality of retail/servicing revenues and calculated them on a per day basis around off/on/front shoulder/back shoulder seasons. We assumed custom board revenue will average over the year. Cost of goods sold was assumed to be 50% of revenue. We feel this is conservative, since the servicing side of the operation is typically greater than that. Rent will increase in the second and third years as we take on industrial space to expand our manufacturing capability. Salaries are based on store salaries that vary by season and manufacturing salaries. They were calculated on the basis of man-hours. The manufacturing salaries scale up with our production.

General administration…

S. market for counterfeit goods and if Coach and other companies are taking advantage of law. It is foolish according to the attorney of Kim for Coach to threaten its customers with $2 million lawsuits and before antagonizing customers the company must do a minimal investigation and it is not known how many customers got scared and paid off Coach. Kim, had worked for the Coach in 2004, filed suit saying among other major charges that the company wanted to suppress online sale of used items to pay high prices to the company for a Coach handbag. There is a problem for all companies which grapple with counterfeiting and it is often seen on Craigslist and eBay. Along with Kim one more eBay seller, James Caffarella of Littleton, Mass was also sued when he tried to sell legitimate silver golf-ball Tiffany key chain using a stock photograph. He too received…

References

Coach.com. (2011a) "Company Profile" Retrieved 21 February 2011 from  http://www.coach.com/online/handbags/genWCM-10551-10051-en-/Coach_US/CompanyInformation/InvestorRelations/CompanyProfile 

Coach.com. (2011b) "Global Business Integrity Program" Retrieved 21 February 2011 from  http://www.coach.com/online/handbags/genWCM-10551-10051-en-/Coach_US/CompanyInformation/InvestorRelations/GlobalBusinessIntegrityProgram 

Menkes, Suzy. (2010) "Coach Gallops Into Europe" New York Times,

Retrieved 21 February 2011 from  http://www.nytimes.com/2010/11/02/fashion/02iht-fcoach.html?_r=1&ref=coachinc

Business Lawsuits

Summarize the actions that lead to the lawsuit.

The actions that lead to the lawsuit are from an Ace Hardware franchisee alleging that they were defrauded by the company. What happened is oy and Pattie Ewers are suing based on the fact that the company deceived them into buying a well-known hardware store in Northern Virginia (named Fisher Hardware). The basic idea is that the Ewers' would make an initial purchase. While Ace, set up the franchise and helped the facility to build upon the customer base that was established over 60 years. ("Ace Hardware Lawsuit," 2012)

However, after the Ewers' received a $1.8 million SBA loan is when they were facing numerous difficulties with a supply chain that was filled with bugs. To make matters worse sales were much lower than the financial figures that oy Ewers examined before purchasing the store. The combination of these factors…

References

Ace Hardware Lawsuit. (2012). WHLA. Retrieved from:  http://www.wjla.com/articles/2012/08/ace-hardware-lawsuit-fischer-s-hardware-owners-claim-ace-ruined-business-78662.html#ixzz2EzL0SOQP 

Barkoff, R. (2008). Fundamentals of Franchising. Chicago, IL: American Bar Association.

Barney, J. (2012). Purchasing, Supply Chain Management and Competitive Advantage. Journal of Supply Chain Management, 48 (2), 3 -- 6.

Cross, F. (2011). The Legal Environment of Business. Mason, OH: South Western.

In addition, we might ask ourselves if the richer nations have or not a greater responsibility as far as the research and development in the area of sustainable energy are concerned. (Reid, environmentalleader.com)

elieving that there are such energy sources or consumption policies which would allow the planet's resources to be maintained for a longer period, while making sure that all the nations are provided with a comfortable living is rather naive. Under these circumstances, it has been argued that doing the moral thing means choosing the least terrible solution. The problem is that this implies a relativistic evaluation of the matter which impacts the manner in which the moral principles are conceived.

efore stepping into a debate regarding the character of the moral principles, we may state that we agree with the opinions which state that there is no such thing as objective moral principles."Ethics can be seen as…

Bibliography:

Aristotle, Nicomachean Ethics (Ross, W.D. Translator). Retrieved fromhttp://socserv.mcmaster.ca/econ/ugcm/3ll3/aristotle/Ethics.pdf September 30, 2010

Hartman Laura P. & Joe DesJardins. Business Ethics Decision Making for Personal integrity & Social Responsibility, Second Edition

Governmental CS policies do not only assist consumers or organizations, they assist both the consumer and the organization (The Impact of Government egulations on Corporate Social esponsibility - How Government Policies Shape CS, 2009).

It is often said that international environmental laws do not differ from one another. European environmental regulations are very similar to the U.S. environmental laws. The United States Environmental Protection Agency has set up a database that contains all of the contaminated lands in the U.S. This database includes existing and formerly contaminated lands. The European Union, especially France has also put into place databases to track existing and formerly contaminated lands within France. These efforts are there to protect the public from coming into contact with contaminated lands. International governmental environmental policies do not differ from one another in the fact that they all seek to protect the public and the organizations (The Impact of…

References

Emani, Gazelle. (2010). BP Oil Spill: 7 Secrets BP Doesn't Want You to Know. Retrieved July

19, 2010, from The Huffington Post Web site:

 http://www.huffingtonpost.com/2010/05/05/7-secrets-bp-doesnt-want_n_563102.html 

Freeland, Chrystia. (2010). What's BP's social responsibility? Retrieved July 19, 2010, from The

It is as such necessary to assess it in light of the negative consequences it might generate, the resources available to the company so that it reduces the threat of the problem and finally, the criteria which need to be satisfied in order to state that the problem has been resolved (Principia Cybernetica Web).

a) Problem components: different views manifested primarily in cultural barriers (such as language barriers); lack of experience in the field of delivery services; the role of women in the workplace is still decreased and it has only improved recently as a result of the epidemics and the necessity for more labor force; gender discrimination could raise problems and it must be limited, if not at all eliminated. Bribery is also a growing problem in the region and the efforts of the delivery subsidiary could be easily compromised -- these problem components also represent the reasons as…

References:

Canwell, D., 1998, Marketing Campaigns, Cengage Learning EMEA

Wherther, W.B., Chandler, D., 2005, Strategic Corporate Social Responsibility: Stakeholders in a Global Environment, SAGE

2009, Our Company -- Mission, Strategy, Values, FedEx Website, http://about.FedEx.designcdt.com/our_company/company_information/mission_statement last accessed on August 10, 2009

2009, Our Customers, FedEx Multimedia Center, http://mediacenter.FedEx.designcdt.com/video/our_customers last accessed on August 10, 2009

Where pricing integration typically fails however are in the handling of exceptions. Columbus (2003) makes the point that the use of automated approaches to managing special pricing requests can be one of the highest OI activities of any company. The focus for LOM then is in turning the one-off loan request specifically including a differing rate or structure into a competitive advantage by quickly being able to fulfill it. The use of automated special pricing requests applications and techniques as defined by Columbus (2003) are strong competitive tools that could be used as part of FlashQuote and BFOT overall.

FlashQuote Use Case Analysis

Identifier: FlashQuote Use Case Analysis

Name: BFOT System component that includes quoting, pricing, loan interest rates and the ability to electronically upload the loan, once approved, to the LOS.

Purpose: To more accurately and completely capture the quotes given to prospects over the telephone, the Web, and…

References

AMR Research (2003) - Configuration is the Heart of Customer Fulfillment for Complex Product Manufacturers. AMR Research Report. Monday March 31, 2003. Retreived from the Internet on July 21, 2006 at http://lwcresearch.com/filesfordownloads/ConfigurationIstheHeartofCustomerFulfillmentforComplexProductManufacturers.pdf

Askegar and Columbus (2002) - Channel Management Best Practices: It's All About Orders. AMR Research Report. Monday September 9, 2002. Retrieved from the Internet on July 21, 2006:

http://lwcresearch.com/filesfordownloads/SqueezetheRevenueOutofSPRs.pdf

Columbus (2002) - The Sell-Side E-Commerce Market: It's All About Integration. AMR Research Report. Monday April 1, 2002. Retreived from the Internet on July 21, 2006:

Business Ethics

Pattern of Ethical Challenges

One company that consistently makes the news because of ethical issues is Walmart. This essay examines business ethics as practiced at Walmart.

Founded in 1962, Walmart has grown to sales of $405 billion and more than 2.1 million associates worldwide. The company is now ranked as the world's largest retail chain. But that explosive growth has also made Walmart an exceptional target. How many companies can boast of their own dedicated watchdog organizations, whose sole purpose is monitoring the company's performance on a wide range of issues related to business ethics? Walmart is such a company, although it would probably prefer otherwise. According to the website of Walmart Watch, it exists solely to "hold Walmart fully accountable for its impact on communities, the American workforce, the retail sector, the environment and the nation's economy" (Walmart Watch, 2011). Launched in 2005, Walmart Watch's stated purpose…

References

2004 Program Enhancements. (2004). Retrieved June 26, 2011 from  

Business Transformation Strategy

GE Capital oodchester is a leading provider of motor car, equipment, and personal finance in the country of Ireland. They offer the most flexible packages for diverse financial needs and as such, have earned the position of leading the personal and capitol acquisition financial services. GE Capital oodchester also provides specialized financing and services and they focus on niches including equipment and car leasing, hire purchase and loans to businesses and individuals across Ireland. Headquartered in Dublin, GE Capital oodchester services the financial needs of its customers through its regional sales centers and extensive dealer and partner network.

GE Capital oodchester is a wholly owned subsidiary of GE Capital. ith assets of more than U.S.$425 billion, (gecapitol.ie, online) GE Capital is a global, diversified financial services company with 28 specialized businesses worldwide. GE Capital has had an enviable record of growth over the past decade delivering value…

Works Cited

Who We Are. (2002) GE Capitol. Accessed 6 August 2003. Website: http://gecapital.ie/GECapital/WhoWeAre.cfm

Our Expertise. (2002) GE Capitol. Accessed 6 August 2003. Website: http://gecapital.ie/GECapital/OurExpertise.cfm

Hill, C. & Jones, G. (2001) Strategic management: an integrated approach, 5th ed. Houghton Mifflin Company: Boston.

Porter, Michael. (1980) Competitive Strategy: Techniques for Analyzing Industries and Competitors New York: Simon and Schuster.

In that regard, even the protections available in more sophisticated societies cannot prevent major governmental corruption, exploitation, or unethical business practices in the private sector.

Therefore, the prospect of expanding our company presence to Kava does not obligate us to become more directly involved in Kava government or politics, but it does impose an obligation on our part to encourage the most beneficial organizational values and practices at every level. Business management principles must be shared in a manner that best cultivates a fundamental respect for human rights, equal rights, ethical principles of fairness and equity.

Naturally, in addition to attempting to instil socially responsible organizational values in Kava, our ethical responsibility requires us to determine a fair method of apportioning the measurable value that we derive from our Kava operations between the Kava people and our financial interests. It should go without saying that we will restrict our operations,…

usiness Failures

Reasons for Failure

usiness failures have become a properly investigated field of study in the past few years as a struggling economy and an overall difficult business environment have combined to discourage potential entrepreneurs from entering the market place and to cause many existing business owners / entrepreneurs from continuing their endeavors. This interest in business failures is precipitated by the fact that the number and nature of business failures impacts negatively on the overall business climate and examining possible causes in an effort to forestall further such failures is vital to maintaining a healthy business environment. The emphasis in recent years has shifted from examining why and how businesses fail toward an analysis of how to avoid and prevent business failures.

The failed business that I chose to review was a small ice cream / restaurant in my neighborhood. The name of the business was Charlie's Ice…

Bibliography

Goltz, J. (2011, January 5). Top 10 Reasons Small Business Fail. New York Tmes .

U.S. Small Business Administration. (n.d.). Standard Operating Procedures. Retrieved May 25, 2011, from SBA:  

usiness Management

Jack Watson

Organizational Change

Solgar is one of the foremost manufacturers of vitamin, mineral and herbal supplements in the nation. It has a long history of providing quality products to consumers who are interested in alternative methods for improving health and treating ailments. Throughout its history, Solgar has been faced with a number of changes that have fundamentally altered the way in which business is conducted. From the passage of legislation to the discovery of new supplements and uses for supplements, the organization has been faced with difficult challenges and has found a way in which to cope. Over the next twenty years the vitamin industry is challenged with a significant number of external forces that will undoubtedly cause Solgar to change the way it does business. One specific change that is virtually inevitable has to do with the regulation actions that were enacted in 1994 by the…

Bibliography

Schwartz, Peter (1991). The Art of the Long View. New York: Doubleday.

Business Ethics

An ethical issue refers to a situation whereby an organization is required to choose amongst alternatives that must be evaluated as either wrong or right. For example, an ethical issue arises when a business company opts to make as much profit while pollution the environment, the dilemma here being the regulation and social consequences. The company management may opt to bribing the regulation implementing organization as long as they continue making short-term profits before the law catches up with them, by then they may be forced to attire with the rule or shut down but they will have made as much finances than when they may have started and the consequences on the social life will have reached the stage where it affects their health and made the environment unbearable. The principle of autonomy; which requires individuals to be left on their own independence to conduct their activities,…

References

Andrew, J. (2008). Utilitarianism and deontology theories. New York: John and sons ltd.

Ferrell, O.C., & Fraedrich, J. (2012). Business Ethics: Ethical Decision Making & Cases. Salt Lake: Cengage Learning.

Joanne, B. (2010). Ethics and Business success. Mexico: Greenwood press.

John, K., & Berlyn, M. (2009). Assessing the effectiveness of decision making models. Normative and rationale models, 15 (14), 319-325.

Business Environment

Interaction of the Business Environment

The environment of a company is much like the natural world in that there are many layers to any single organization (Marques, 2007). Political forces are present because there are factions and beliefs within a company which cause different politics to be formed. The economics of running an organization are a different facet of the environment which many consider the most important part of the business (after all the business of business is to make money), but it is actually a piece of the larger while which is neither more important or less than any other. Very business also has a social component. All of the different relationships that occur in the wider world can be found in any large organization. Another part of the environmental whole that affects every other part has to do with the technical functioning of the business. Technology…

References

Laumer, S., Eckhardt, A., & Weitzel, T. (2010). Electrojnic human resources management in an e-business environment. Journal of Electronic Commerce Management, 11(4), 240-251.

Loewe, M., Blume, J., & Speer, J. (2008). How favoritism affects the business environment: Empirical evidence from Jordan. The Middle East Journal, 62(2), 259-272.

Marques, J. (2007). The influence of the global business environment in realizing the millennium development goals. Journal of Global Business Issues, 1(1), 17-25.

Ruff, F. (2006). Corporation foresight: Integrating the future business environment into innovation and strategy. Research Technology Management, 278-295.

usiness Software Technology

The information technology industry is vitally important to the advancement of our society and our world. This discussion will explore the business software technology aspect of the industry. First, we will discuss the tasks performed by individuals in this field. We will then look at the economic impact of this segment of the industry. Finally, we will explore the benefits and rewards of working in the business software technology field.

Tasks Performed by individuals in the usiness Software Technology Field

The usiness software technology field is critical to the success of any firm. The field researches and develops software applications that allow firm's to thrive. The usiness Software Alliance explains that, "usinesses use software to collect, analyze, and present information; to buy and sell goods and services; to design better products; and to facilitate communications." ("uilding an Information Technology")

usiness software technology is particularly critical for e-business…

Bibliography

Amos, Susan. "Help is on hand for software developers." Computer Weekly. Feb 5, 1998. Retrieved March 21, 2003 at  http://www.findarticles.com/cf_0/m0COW/1998_Feb_5/20382110/p1/article.jhtml?term=business+software+ 

Barack, Lauren. "Software knows if you've been Naughty or Nice. New York Post.

Building an Information Economy." Business Software Association. June, 1997. Retrieved March 23, 2003 at  http://www.caast.org/resources/econstudy.pdf 

E-business Technology." Seminole Community College. Retrieved on March 22, 2003 at http://www.seminole.cc.fl.us/e-business/softwaretechcert.htm

Business and Ethics

The business ethics checklist

Organizational Decisions-Making on Substandard Products

Unaccountable products from companies or manufacturers are often regarded dangerous, unsafe and substandard, both by the target consumers and government. Unfortunately, toy products stand among the most affected group of items within the field of production. Sub-standard products are those that do not meet the legal and safety standards and/or qualities set by the pertinent authorities. Such products may result due to failure in quality control during the production process, or failure in legal handling pursuit. According to Cockburn (2005), these are genuine items produced by legitimate manufacturers; however, they do not satisfy the quality disclaimers that the producer defines. It may not be intent of the company to cheat, but may be as a result of problems during the manufacturing process. Thecase of metal whistle herein is thereby regarded to fall under the category of sub-standard products,…

References

Cockburn, R. (2005). The global threat of substandard products: Why industry and governments must communicate the dangers. Business and Economics.2(4), 302-

Herbert, A. (1999). Administrative behavior. New York, NY: The Macmillan Company.

McDonalds, G. (2004). Corporate social responsibility: Structured decision making. Business Administration,56(3), 124-137.

McPhees, K. (1998). International social concerns into private sector: Decision-making process.Washington, DC: The World Bank.

e. Ms. Spiteri, work teams and the company at large. When it comes to IBM, the ongoing case against it i.e. litigation can be taken to be a cost of the said conflict. Further, one could argue that the company lost in terms of productivity as the affected individual was unable to give her best. Also, her distress could have affected her relations with customers hence informing client complaints which can be viewed as yet another cost. At the individual level, the said conflict cost Ms. Spiteri frustration, anxiety and stress. At the work team level, absenteeism (on the part of Spiteri due to her distress) could be taken as a cost of conflict. Further, strained relations between the supervisor and Ms. Spiteri or with the other employees is an additional cost of conflict in this scenario.

ecommendations

Given that the conflict in this case was not resolved amicably and…

References

Heffernan, M. (2011). IBM Sexual Harassment Case Set For Court; Law Firm Flags Other Cases Against Computer Giant. Retrieved October 19th from Smart Company Website:  http://www.smartcompany.com.au/legal/20111020-ibm-sexual-harassment-case-set-for-court-law-firm-flags-other-cases-against-computer-giant.html

UK National Environment

In UK, the allocation of resources is purely based on the forces of demand and supply. This form of economy is a free economy in which competition is embraced and firms have to become efficient to increase their level of competitiveness. The government only intervene to provide the necessary infrastructure and to ensure that consumers are not exploited by the businesses. Besides, the government will formulate policies that ensure fair competition and collect revenues for the country development agenda. With these, businesses must ensure that they operate within the law and abide by the regulations that are set by the state. Barr Company can therefore conduct business in a competitive industry without government interference on what form of business to do or the amount of prices to charge on their products. The management has large latitude of choice to make on how to produce, what to produce,…

References

2003. Soft drinks in the UK, London, Euromonitor.

A.G., B.P.L.C. 2012. a.G, Barr plc financial results 2012 [Online]. Available:  http://www.agbarr.co.uk/agbarr/newsite/ces_docstore.nsf/wpg/1B9A74B86C552270802579CD00485134/$file/Final%20results%20announcement%20January%202012.pdf .

AGRAA, a. 2007. The European Union: economics and policies (8th ed.), Cambridge, Cambridge University Press.

BOTHA, a. & KOURIE, D. 2008. Coping with continuous change in the business environment:knowledge management and knowledge management technology, Oxford, Chandos Pub.

As obesity became a hot top, outcry from parents, educators and government institutions began to criticize these arrangements. Coca-Cola has also been rebuked for its Harry Potter promotional advertising campaign, the costliest movie tie-in ever, that promotes children's literacy while simultaneously pushing Coke sales (aue, 2002).

In 2003, the Centre for Science and Environment (CSE) said soft drinks sold by Coca-Cola and PepsiCo in India contained high levels of pesticides such as DDT and malathion (Coke, Pepsi India deny pesticides in soft drinks).

The independent environmental group said it had found no pesticides in tests of Coke and Pepsi soft drink brands sold in the United States and attributed India's high pesticide residues to the soft drink and bottled water industry's use of an enormous amount of ground water as the basic raw material. For their part, Coca-Cola and PepsiCo denied the reports and resisted efforts government efforts to display…

Bibliography

Baue, W. (2002, January 3). Harry Potter hawks Coke, inciting ire amongst fans and consumer advocates alike. Institutional Shareowner. Retrieved January 26, 2005 from Web site: http://www.institutionalshareowner.com/news/article.cgi?sfArticleId=746

Coca-Cola 2003 annual report. Coca-Cola. Retrieved January 25, 2005 from Web site:  http://media.corporate-ir.net/media_files/irol/94/94566/reports/ko_022704.pdf 

Coca-Cola Enterprises' profit falls, (2004, October 28). Associated Press. Retrieved January 25, 2005 from Web site:  http://biz.yahoo.com/ap/041028/earns_coca_cola_enterprises_3.html 

Coke announces plan to alter school vending program in bid to curb the commercialization of schools (2001, March 19). Ethics Newline. Retrieved January 24, 2004 from Web site: http://www.globalethics.org/newsline/members/issue.tmpl?articleid=03190113315321

Business Ethics

ecent high profile bankruptcies in the U.S. corporate sector such as the ones filed by Enron, WorldCom, and Global Crossing in 2001 have highlighted the importance of financial ethics in business since lack of ethical practices were identified as the main cause of their failures. The business scandals underlined the importance of stricter regulation of the corporate sector and forced the U.S. legislature to pass the Sarbanes-Oxley Act of 2002 that contains a number of important provisions relating to business ethics. This paper about business ethics focuses on the impact of financial ethics in business.

Greed and an over-riding focus on increasing the profits and "share-holder value" usually leads managers and business leaders to disregard financial ethics in business. Although the impact of such "over sight" may be beneficial in the short run, it is invariably disastrous in the long run -- both at the individual as well…

References

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'Summary of Sarbanes-Oxley Act of 2002." (2005). AICPA Web site. Retrieved on July 1, 2005 from  http://www.aicpa.org/info/sarbanes_oxley_summary.htm 

Thomas, C.W. (2002). "The Rise and Fall of Enron; When a Company Looks Too Good to Be True, It Usually Is." Journal of Accountancy. 193(4), 41+.

Title IX of the White Collar Crime Penalty Enhancement (WCCPA) Act, which is part of Sarbanes-Oxley provides for penalties of $5,000,000 and/or imprisonment of up to 20 years for willful and knowing violations. ("Summary of ... " 2005)

n turn, the Return on Equity, which is calculated my multiplying the Du Pont variables listed above, will most definitely be altered. The potential for return is, naturally, one of the most relevant factors for investors in determining if a stock is a worthy investment, and if so, how much of it to buy. A "downward" change in the ROE will most likely have a detrimental effect on stockholders who bought the Krispy Kreme stocks based on their projected profit margins, asset utilization and debt projections.

Another factor involved in the Krispy Kreme restatement is the news that an SEC investigation will be undertaken. As the main concern of a publicly-held corporation ought to be profitability for the shareholders, any potential criminal or Sarbanes-Oxley violations are deleterious to these investors, and would most likely have created hesitation on the part of investors to buy Krispy Kreme if these actions had…

In light of these detrimental effects, a restatement of company assets, projected profits and debts, and other factors in determining the shareholders' return on equity will almost certainly be harmful not only to the individual stockholders of Krispy Kreme, but to the company as well by reducing investor confidence in the stock. Milton is correct in his reluctance to recommend the stock although he does believe that it will be profitable in the long run due to these factors.

Article: Dennis Milton, The Holes in a Krispy Kreme Rally, Business Week online 1/19/05

 http://www.businessweek.com/investor/content/jan2005/pi20050119_0925_pi015.htm

A useful recommendation in this sense is represented by the contracting of a local law firm to ease the company's penetration into the region and to help us understand and overcome the initial barriers. But aside from understanding and complying with the regulations, it is also essential to understand and comply with the cultural features.

India is one of the oldest and most impressive global cultures. And its culture has also impacted the means in which business is conducted. One specific means is represented by the language barriers which are raised. And not only that the representatives of the two countries would speak different languages, it is highly possible that the representatives of India speak different languages among themselves. This is because the states of India have different official languages, and some states even have more than one official language (Kwintessential).

In terms of actual relationships between the Indians, these…

References:

Khanna, P., Mohan, C.R., 2006, Getting India right, Policy Review, No. 135, Questia  http://www.questia.com 

2011, Business laws and regulations in India, Amritt,  http://www.amritt.com/business-laws-regulations-in-india.html  last accessed on March 25, 2011

2011, the world factbook -- India, Central Intelligence Agency,  https://www.cia.gov/library/publications/the-world-factbook/geos/in.html  last accessed on March 25, 2011

India -- language, culture, customs and etiquette, Kwintessential,  http://www.kwintessential.co.uk/resources/global-etiquette/india-country-profile.html  last accessed on March 25, 2011

This would lead to a new round of calls for increased ethical standards. (De George, 2005)

Name at least three reasons why ethics are important to your job/profession or a job/profession you would like to work in Three reasons why ethics is important would include: it helps improve decision making, allows us to go beyond traditional business theories and it creates a culture of acceptable behavior within an organization. Decision making is improved, because executives can see the impact of their actions. Ethics help managers to choose the outcome that will have greatest impact, resulting in improved decision making. Once this takes place it allows, executives will be able to see what is occurring beyond traditional business theories. Where, ethics will shape how each theory is applied and to what degree. Over the course of time, the consistent application of ethical standards will become a part of the business culture,…

Bibliography

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Crane, A. (2007). Why is Business Ethics Important. Business Ethics. Oxford: Oxford University Press, 9 -- 11.

De George, R. (2005). A History of Business Ethics. Retrieved July 24, 2010 from Santa Clara University website:  http://www.scu.edu/ethics/practicing/focusareas/business/conference/presentations/business-ethics-history.html

S corporations must be domestic in nature, issue only one kind of stock, and have less than a hundred shareholders: given that Frank only has aspirations to have a U.S.-based business, this entity type would seem ideal, although he might need some legal help to file as an S Corporation.

Professional practice: An LLC, or limited liability corporation, is the most popular type of entity structure for professional groups such as doctor's offices, accountants, and other small enterprises. As owners, Akiva and Tara would not be personally liable for the debts of the LLC, although constructing the entity is more complicated, legally, than a joint proprietorship. Given the insurance risks of running a birth clinic and the dangers of litigation, anything but an LLC would be unwise. Additionally, in some states, owners are "protected from personally liability from certain acts or misconduct of other partners, employees, agents, or their representatives"…

References

Limited liability. (2010). State of Iowa. Retrieved March 29, 2010 at http://www.sos.state.ia.us/business/limliabpart.html

Limited partnership. (2007). Quick MBA. Retrieved March 29, 2010 at  http://www.quickmba.com/law/partnership/limited/ 

Pregnancy Discrimination Act. (2010). EEOC. Retrieved March 29, 2010 at  http://www.eeoc.gov/facts/fs-preg.html 

S Corporation. (2010). IRS. Retrieved March 29, 2010 at  http://www.irs.gov/businesses/small/article/0,,id=98263,00.html

In this case the affair did not have any apparent effect on the business. In fact during the time of the nearly two-year affair profits actually rose. However the whistle blower believed that the affair was morally wrong, particularly because the boss was married with children.

The whistleblower believed that ultimately the affair would be detrimental to the business so he blew the whistle. He believed that the affair was an indication that the boss was a poor decision maker and that this poor decision making would ultimately cause the business some harm. Some people believed that he was not obligated to tell of the affair. However, others argued that it would be just a matter of time before the decisions that he made in his private life would affect the manner in which the business was run. In this instance the idea of preventing harm encompassed a broad scope.…

Works cited

Dahlsrud A. (2006) How Corporate Social Responsibility is

Defined: an Analysis of 37 Definitions. Corporate Social Responsibility and Environmental Management.

Davis, Michael. Some Paradoxes of Whistle Blowing. Business and Professional Ethics Journal. 15 (1)

McWilliams A., Siegel D.S. Wright P.M. (2005) Corporate Social Responsibility: Strategic Implications. Retrieved November 24 from;  http://www.economics.rpi.edu/workingpapers/rpi0506.pdf