Congratulations‚ you are now in charge of a $100‚000‚000 corporation. Your company manufactures sensors. Sensors are devices that observe physical conditions. Your sensors are installed into the products your customers sell. Sensors are everywhere. Almost any product that has an automated function requires some sort of sensor. Your company was created when the government split a monopoly into identical competitors. When the company was a monopoly‚ operating inefficiencies and poor product
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Hoang Stewart Dahlberg IBO 58001 February 4‚ 2014 There are significant differences between rule of law and rule of man. First‚ rule of law is a system which is operated based on the law. The government‚ officials‚ or individuals are uncountable under the law. The laws must be specific‚ stable and are applied fairly to everyone. While rule of man is a system that one person or a small group of people rule the country. A society that one man has absolute authority and stay out of any law. He is free
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Strategic Planning for Profit and Non-Profit Organizations Name School Table of Contents Abstract 3 Introduction 4 Discussion 4 Role of government in regulation of non-profit fundraising 4 Demanding of disclosure statements 4 Provision of more funding 5 Appointment of external auditors 5 Role of states in regulating non-profit fundraising 6 Sarbanes-Oxley-type legislation in non-profit fundraising 8 Importance of Sarbanes-Oxley type legislation 8
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SAMPLE ANSWER FOR QUESTION 5 Profit-making is one of the most traditional‚ basic and major objectives of a firm. Profit-motive is the driving-force behind all business activities of a company. It is the primary measure of success or failure of a firm in the market. Profit earning capacity indicates the position‚ performance and status of a firm in the market. In spite of several changes and development of several alternative objectives‚ profit maximization has remained as one of the single most important
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Nonprofit versus for-profit healthcare and organizations For-profit and not-for-profit hospitals generate revenues through daily operations. For-profit hospitals are able to generate funds through issuing stocks while non-for-profit hospitals do not have this ability. Accordingly‚ non-for-profit hospitals can issue tax-exempt bonds and can accept tax-deductible contributions. Non-profits were created with the intention of servicing the needs of the poor. This subsequently led
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RULES GOVERNING SHIPMENT BY SEA: HAGUE RULES‚ HAGUE-VISBY RULES AND HAMBURG RULES The nature of the Hague-Visby Rules was discussed by the House of Lords in The Hollandia [1983] AC 565 (HL). The plaintiffs (shippers) shipped a piece of road-finishing machinery on board a Dutch vessel‚ ‘The Morviken’‚ belonging to the defendant carriers to Bonaire in the Dutch West Indies. The bill of lading issued in England limited the carriers liability to Dutch Florins 1‚250 ($250) which was less than the 10
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Is it possible for large‚ profit focussed organisations to be both profitable and “fair”? Over the past year there have been an increasing number of issues which have risen on how businesses such as Amazon‚ Thames Water‚ Google‚ Facebook and Starbucks have made vast amount of profits but haven’t been fair-minded. For example Starbucks made £400m sales in the UK but paid no corporation tax. According to Milton Freidman the main objective of a business is to increase profits so long as it stays within
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media portray accounting numbers‚ such as profits‚ as some sort of ‘hard’ and objective performance indicator? Why do you think they might do this‚ and‚ if they do‚ what are some of the implications that might arise as a result of this approach? In making this judgement‚ students should consider the various articles that frequently appear in newspapers and various discussions that occur on television and radio in relation to an organisation’s profits.
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leadership and management team‚ the CFO currently occupies a very crucial and viable position in today’s global business society. However‚ this present level of CFO’s recognition has not always been identifiable or appreciated by non-for-profit and profit organizations. May (2001) state that “CFOs are some of the most misunderstood people on the universe. Somewhere along the way‚ they got mistaken for accountants” (p. 12). As the position of the CFO continues to evolve‚ so will the expectations
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Eligibility Rules Monica Fuller HSM/240 11/11/2014 Terra Harris Type of $ counted Program Wages Assets Concept Underlying Idea of “Need” Beneficiary Unit of Concern The Salvation Army‚ Monterey Peninsula Corps All income All income Help rehabilitate the homeless Children‚ and their families The Housing Authority of the City of Los Angeles All income All income Provide shelter for the homeless‚ and their families. Individual Eligibility Rules My two agencies
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