Practical Business Math Procedures Chapter 7 Challenge...

Challenge Problems 7-49 I. Given a) Honda Insight Original Price $17,995.00 b) Honda Insight Dealer Price $16,495.00 c) Terms: 1/15 n/30 II. Unknown a. How much is the rebate? b. What percent is the rebate? c. What is the amount of the discount if the dealer pays within 15 days? d. What is the dealer’s final price? e. What is the dealer’s total savings? III. Equation a. Rebate = Original Price – Dealer Price b. % Rebate = (Rebate / Original Price) x 100% IV. Solving and Solution a. Rebate = Original Price – Dealer Price = $17995.00 – $16495.00 = $1,500.00 rebate b. % Rebate = (Rebate / Original Price) x 100% = ($1500.00 / $174995.00) x 100% = 8.34% rebate c. 15day discount = Dealer Price x Discount =†¦show more content†¦Net Price = list price – trade discount amount = $300.00 - $15.00 = $285.00 6. Lee Company bought computer equipment - $7000.00, terms 4/10, n/30, FOB shipping point ïÆ' ° Discounted price = List Price x (1-Discount) = $7000 x (100%-4%) = $7000 x 96% = $6720.00 Discounted price ïÆ' ° Final Payment = Discounted Price + FOB Shipping Point = $6720.00 + $400.00 = $7120.00 total payment 7. Which manufacturer should Julie buyShow MoreRelatedStudy Od Recruitment and Selection Process5604 Words   |  23 PagesExecutive Summary TITLE: â€Å"Study of recruitment and selection procedure† Duration: 2 months. Company: Young Grow. This is a project about the study of recruitment procedure and selection procedure carried out at young grow group of companies and to learn about the different processes used for recruitment. OBJECTIVE: The main objective was to study the recruitment procedure and know the various sources of recruitment used. The objective was also to study the selection process and to learnRead MoreFactors Affecting the Low Performance in National Achievement Test of Grade 6 Pupils6433 Words   |  26 PagesElementary Math Facts Basic Fact Philosophy It is important that students are able to recall basic math facts fluently so that they can attain higher-order math skills.   Research has shown that if students develop automaticity with their math facts, they can focus on solving problems rather than the basic facts involved in the task.   Mastery of basic facts means that a child can give a quick response (in about 3 seconds) without resorting to non-efficient means, such as counting. All children areRead MoreFactors Affecting the Decision of Graduating High School Students in Choosing a College Course8091 Words   |  33 PagesCHAPTER 1 The Problem and its Background Introduction Graduating high school is a time where young adults venture into the world of grown-ups. 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Chapter-by-chapter activities, including built-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Read MoreHigh School Student Essay20272 Words   |  82 PagesStudents Chapter 3 Learner Diversity: Differences in Today’s Students Chapter 4 Changes in American Society: Their Influences on Today’s Schools ISBN: 0-536-29980-3 Introduction to Teaching: Becoming a Professional, Second Edition, by Donald Kauchak and Paul Eggen Published by Prentice-Hall/Merrill. Copyright  © 2005 by Pearson Education, Inc. ISBN: 0-536-29980-3 Introduction to Teaching: Becoming a Professional, Second Edition, by Donald Kauchak and Paul Eggen Published by Prentice-Hall/Merrill

Observation Of An Sociological Research - 1220 Words

Observation is preferably one of the most commonly used methods of data collection, especially in the sociological research. More often than not, this method is employed so as to gain the much needed empirical information that is dependable in the sociological research undertakings. The methodology is comprehensively employed in the sociological imagination concept as a viable tool in the proper and reliable comprehension of social interactions. It is in light of the above that this observation paper seeks to present my objective perspective in the application of this definite data collection method in a view to fulfilling sociological research. Noteworthy, the paper is presented as a qualitative description of the sociological factors in the process of their interaction with each other in a non-controlled environment. Finally, the paper heavily adopts significant reflection of the C. Wright Mills’ conceptualization of the â€Å"sociological imagination† and portrays the need of the observation being done with via a sociological lens. Setting: To begin with, the observation was conducted at a public place within the university’s confines. Specifically, this was the campus centre. The timing of the observation was on a Friday mid-morning hours. This was informed by the fact that the duration is characterized by a substantial student presence at the campus center for one reason or the other. This also meant that the sociological interactions were bound to be more significant as theShow MoreRelated Sociology vs. Cultural Anthropology Essay939 Words   |  4 Pages The research methods in sociology and anthropology are similar yet follow a specific set of guidelines for each. Each field approaches research in a similar fashion but the methodology and intentions can differ. The differences reflect the distinct differences that are present in sociology and anthropology. The way that an anthropologist approaches a problem and attempts to solve it is different than a sociologist because of the discerning basis o f their knowledge. Some of the research methodsRead MoreWhat Are Ethics And Social Research? Why Are They Important?1080 Words   |  5 PagesWhat are ethics in relation to Social Research? Why are they important? Social science, and research thereof does not occur within a vacuum – Sociologists, like everyone else, are human beings and hold their own unique ideas of norms and values. If everyone in society were to follow their own unique morals and norms, then humanity would descend into a state of chaos and normlessness. To prevent such anarchy, a strict code of moral and ethical values are placed upon us by institutions such as theRead MoreStanford Prison Experiment905 Words   |  4 Pagesits controversial nature and continued discussion in the classroom. The experiment itself was a form of field research. According to Kendall (2014), field research develops â€Å"a fuller understanding†¦ through observations, face-to-face discussions, and participation in events.† Ultimately, a field study is an experiment that takes place outside the laboratory. It incorporates observation and interviews of individuals in a more â€Å"natural† setting in order to gather qualitative data. The Stanford PrisonRead MoreSociological Perspective On Understanding Human Society915 Words   |  4 PagesEvaluate the Sociological Approach to understanding Human Society Explanation of common sense and sociological approaches to the study of Human Societies, with examples. Common sense is subjective as it’s based on opinion and belief; these personal interpretations generate norms in a society that a culture becomes accustomed to, so much so that they barely notice them. It is the basic level of knowledge and judgement that we all share; which we take for granted as a real and true. 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If you are going to study a group of 1,500 participants once a year then obviously some of these participants will no longer be able to be part of the study. This could be due to illnessRead MoreSociology and Common Sense Essay1546 Words   |  7 Pagesdifference between a â€Å"common sense† and a â€Å"sociological† view of human behaviour, giving relevant examples. Sociology is a social science that enables people to understand the structure and dynamics of society. By using a scientific approach, and by critically analysing society using qualitative and quantitative methods, sociologists can find patterns and connections within human behaviour to provide explanations of how society affects people. Sociological views are based on theories that have beenRead MoreSociological Research : Designs, Methods1058 Words   |  5 PagesSociological Research: Designs, Methods Sociologists use many different designs and methods to study society and social behavior. Most sociological research involves ethnography, or â€Å"field work† designed to depict the characteristics of a population as fully as possible. Three popular social research designs (models) are Cross†sectional, in which scientists study a number of individuals of different ages who have the same trait or characteristic of interest at a single time Longitudinal, in whichRead MoreSymbolic Interactionism, By George Herbert Mead And Charles Horton Cooley937 Words   |  4 Pages Symbolic interactionism is a sociological perspective that is influential in many areas of the sociological discipline. It is particularly important in microsociology and social psychology. Symbolic interactionism is derived from American pragmatism and particularly from the work of George Herbert Mead. Herbert Blumer, a student and interpreter of Mead, coined the term symbolic interactionism and put forward an influential summary of the perspective: people act toward things based on the meaningRead MorePhenomenology Is The Study Of Phenomena Essay1037 Words   |  5 Pagesview. Humans are described as conscious thinking beings and phenomenology argues that the only way we can confirm the existence of a phenomenon is through the way we consciously perceive our surroundings (Heidegger, as cited by Aspers 2009). Sociological methodology implies that the notion of sociology is indeed a science. Empirical phenomenology and ethnomethodology aim to describe, â€Å"how people perceive and think about things, although this is central to the phenomenological approach† (Aspers

Australian Car Manufacturing Industry Comes to an End

Introduction It is believed that the Australian car manufacturing industry has come to an end. The following essay will argue that the government should not provide finances to save the automotive manufacturing industry. There is a continuous debate between the shareholders of the automotive businesses and the Australian citizens on what should be done with this issue. In order to determine the strength of the argument, the following essay will completely analyze relevant information; examine the affects of moving production to overseas, why production is being moved? Take a look at who is to blame and what the media says should be done? The car manufacturing industry is a large enterprise and supplies employment for more than 45,000 people and indirectly employs nearly 200,000 (Cassin, 2013). However it is believed that the Australian government should not provide funds to the car manufactures, Australia cannot compete with the larger automotive manufacturing countries. The statistics of 2013 show that, 1.13 million cars were sold, out of that figure just over 100,000 were purchased locally made. This tells us that less than 10% of Australian’s actually bought an Australian manufactured car (Smith, 2014). If we aren’t going to buy them who will? Affects of moving production? It is assumed that the Australian car production industry employs more than 200,000 jobs indirectly (Cassin, 2013). Therefore moving production overseas will cut a massive hole in the employmentShow MoreRelatedCorporate Social Responsibility : An Examination Of The Performance Of Toyota Motoring Corporation Australia1383 Words   |  6 Pagescompany is the last major player in a dying industry? The story of what is and has happened behind Toyota Motoring Corporation Australia (TMCA) in recent years is an interesting look at what obligations industry has to society and at what point it simply becomes unsustainable to continue production even if stopping meant closing down the industry in a whole country. Toyota is Australia’s biggest car manufacturer by far comprising of 39.5% of the industry (Toyota Motor Corporation Australia LimitedRead MoreEssay on Motor Vehicle Manufacturing in Australia1804 Words   |  8 PagesMotor Vehicle Manufacturing in Australia INDUSTRY ANALYSIS Overview Thomson (2003) explains that the manufacturing of motor vehicles is a global game. Thomson (2003) argues that Australia does not really have domestic businesses that manufacture motor vehicles as the three major car makers (GM Holden, Ford and Toyota) are all subsidiaries of foreign companies. However, this is not the case, GM Holden for example produces many cars a year in Australia for Australian consumers as well asRead MoreAustralia s Automotive Industry Overview1783 Words   |  8 Pages1. Australia’s Automotive industry overview The Automotive industry in Australia is composed of a variety of smaller industries that have performed unsteadily over the five years through 2015-16. Motor vehicle wholesalers and dealers have been supported by high sales of new cars and the increasing numbers of motor vehicles registered on Australian roads have benefited service agents. On the other hand, local motor vehicle producers have a complex scenario because high petrol prices during theRead MoreTata Motors : Financial Capital Of India1953 Words   |  8 Pagesvehicle manufacturing company and designs and manufactures cars, buses, trucks, vans, military vehicles and construction equipment. 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This likewiseRead MoreMajor Management Issues Faced By Toyota Australia2091 Words   |  9 Pagesidentify two major management issues faced by Toyota Australia due to closure of their manufacturing plant in Australia. The essay shall analyse, apply and discuss the two different Organisation Theory lenses i.e. Stakeholders Theory and Power Politics to understand the current issues being faced by the Toyota’s organization. Topics such as the introduction of the Toyota, its announcement of closure of car industry, im pacts on various stakeholders have been discussed further in this essay. INTRODUCTIONRead MoreThe Economy And Specific Markets2109 Words   |  9 Pageschanges in product prices and how firms decide what prices to charge† (Hubbard et.al, 2013, pg.14). Consumer demand for cars, consumer income, payment options available to the consumer and the cost of running the vehicle are all factors in which contribute to microeconomic analysis of the current car market. Consumer Demand for Cars Cars play a pivotal role in today’s society. Having a car means that the individual has increased independence and security, and are the main source of travelling to and fromRead MoreMarketing Plan of Toyota Essay4585 Words   |  19 Pages1. Executive Summary Toyota Motor Corporation Australia (Toyota, Australia) which deals with a wide range of car segments has manufactured the Prius Car in the automotive industry which is one of the best hybrid synergy drive in today business environment. And provide a competitive advantage to other business by achieving and environmental friendly car and providing the best efficient fuel system. 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Then it presents the market-entry strategies and focuses on comparison on the advantages and disadvantages of Export-based entry and manufacturing-based entry. Through the comparison, the export-based entry is recommended to Holden. Finally

Challenges Do First Year Students Face at University

Education is the most important aspect of learning for every generation established in every mode. In university there are different field of studies with different years of each program. It is obvious that new students are going to face further challenges in university. In this case, these challenges could be the burden which can pull them out of the school without completing their studies. This essay will discuss these challenges in condition of financial, social, and academic. To begin with, financial problems are a major challenge for university students includes tuition fee, rent expenses, and text books. Tuition fee is the most common challenge for these students. Though, for some they only take one or two units per semester because†¦show more content†¦Firstly, Culture shock is always happened for new students where they left their familiar culture and live in a new environment. In this case, they confused about new things surrounded them. It can take their time to study this new culture and try to accept it but takes some times. It also challenges them to familiarize with university life and lifestyle. Hence, culture shock makes them fear and challenge them to learn to accept this. Secondly is on social problem which concerned on youth life which best described as peer pressure. Peer pressure is a challenge faced by these students. No timetable resulted in mucking around with friends in town and not doing assignment and private study. But in this case, it is the burden because you are leaving your works for social functions and cannot miss the fun. Otherwise adopting others behavior can be also a challenge because unlike before they did not drink alcohol and smoke but now they adopt new life which affects their studies. So, it twitches them down and makes them disturbed throughout their studies. Finally, first-year students are also challenged by means of relationship. Relationship has two parts here includes the married student and the single student. The problem for married students is that they are isolated with their love ones and causes home-sickness at all times. Additionally, single students are also challenged by leaving their parents which also causes home-sickness. But the most importantShow MoreRelatedChallenges Do First Year Students Face at University982 Words   |  4 Pagesestablished in every mode. In university there are different field of studies with different years of each program. It is obvious that new students are going to face further challenges in university. In this case, these challenges could be the burden which can pull them out of the school without completing their studies. This essay will discuss these challenges in condition of financial, social, and academic. To begin with, financial problems are a major challenge for university students includes tuition feeRead MoreChallenges Faced by First Year Students923 Words   |  4 Pages This essay will examine the challenges and hardships that first year student’s encounter at university. The problems that will be discussed in this essay is in terms of economic, cultural and social issues. Each issue will present two main ideas with an example. In addition it will further elaborate on these issues that first year students face and the reasons why this has become an obstacle for them. This disquisition will conclude that these challenges should be taken into seriousRead MoreChallenges Faced by First Year University Students822 Words   |  4 PagesUniversity life can be a great experience. It can be fun and educational and, on the other hand, full of hardships. First-year students at university face a lot of challenges. 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Historically Black Colleges And Universities1300 Words   |  6 PagesIntroduction Historically Black Colleges and Universities (HBCU) are experiencing low retention rates with first generation college students. The students are not graduating within a four to six year enrollment period, and or are not returning after their freshmen year. As the American workforce looks to colleges and universities to fulfill the workforce pipeline with educated diverse workers, HBCUs are in the spotlight to produce qualified minority graduates. Moreover, HBCU’s are looking to refineRead MoreHow Does Much Friends Affect The Self Esteem Of A Student? Essay1695 Words   |  7 Pagesshared how he tries to hide that he is a First Generation College Student for he is afraid that he might be judged by his peers of being ignorant. He shared that many people have a stereotype that First Generation College Students do not know what they are doing in college and that they are not smart enough. 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The Use Of Ethical Behavior Commerce Essay Free Essays

string(64) " be singular and noticeable by the full company and the people\." Yes, in the concern leading, if ethical is used it will pay off in the long tally. Through the apprehension of the common ethical issues like quality, safety, belongings, and human relationship in the work place, are the specialised cognition will help in the development of concern leading through its leaders. To pay off in the long tally of the concern leading by the leaders. We will write a custom essay sample on The Use Of Ethical Behavior Commerce Essay or any similar topic only for you Order Now Harmonizing to the three theoreticians, of the three bookmans, Heifetz, Burns and Greenleaf: The value in the workplace depends on the followings of the leader which involves certain authorization for the public presentation. Besides within the workplace there are ( some ) codification of moralss which are necessary ( should ) to be followed by the leaders and employees ( people ) of the company in order to keep ( for the maintains of ) the company moralss and ( the ) moral criterions, hence supplying established guidelines and demands for a developed company. Through this, the company can be identified as a concern with good established leading qualities, taking by illustration and in bend supplying clear aims for all employees. This besides demonstrates to the employees the sense of teamwork and duty hence doing the workplace a more effectual environment for all workers and productiveness. ( which give the strongest for the full company and when the company seems to hold the stron g leading they have the full aim to supply the strong service to the full people ) . When I combine theses three theories it will be explicating about the development of the followings values which suppose to supply the certain service holding the consistency of some authorization under the codification of ethic for the company value and norms. It is little completed to happen out what is right and incorrect with in the people holding the work in the company so it comes with the moral behaviour and the judgement of right and incorrect. So the sum-up of the whole full essay about the ethical behaviour is to keep the moral values and norms for the being of the company for the criterions along with the outstanding place of the company ( Minning A ; Curtis, 2009 ) . If we go back for the traditional leading system it described most of the clip for the power holder by the CEO which we called more governments and seems like humdrum. Where people do non bask their rights and do non experience more democratic which takes the being of the company in bad repute. Meantime somewhat we can depict the ethic in spiritual manner where the account is on the footing of theistic apprehension which means what is the existent and good by the God shaping. The following cellar of the moral principle is based on scientific discipline where moral principle is understood by the Scientifics cogent evidence which are called as Secular ethic. If the leader fails to form the ends and aims because of the sum of the clip or some disjunction among the human relationship even though people find it is really difficult to forgive who is immoral and non ethical so those people are treated as non ethical and non respected and non trusted excessively. The value of the ethical lea ding is determine rightness and inappropriateness of all the values that have by the leaders even it is really of import for the success vision. If we see around the universe as a illustration of the good leading form the point of position of good moral and ethical manner I can advert the Mahatma Gandhi. The manner he treat to the people and the things he did for the people and state are regarded for public assistance to the people and state. The waies, memo and all the actions of the communicate take topographic point to the common quality, security, human relationship, which was really strong in him which took his leading to be a good leader. He used to show his life experience to clear up some of the combustion job which one of his good manner of clear uping to the job and the people. The leader who is honest, unselfish and dedicated to his action decidedly success his mission and aims which Mahatma Gandhi did and appreciated around the universe by his dedication to state and the people. The moralss and values come under the determination and policies doing where demand to be serious and secure which play really of import function for the future public presentation that lead the whole full people and the company in the succeeding ways. The forfeits of the clip, leader beliefs or values system will find personal and organisational success. So it is really safe to research the leader ‘s value system in the personally with organized manner. The followerss six moral values should hold a witting leader which regarded as moral moralss: Honesty is one of the really of import lesson values which come every portion of the personal behaviour and it relates where the leader attached for the public presentations. The leader should cognize himself or herself either he or she has honestness or non. When leader is pass oning to the followings or clients he or she should be Honesty. So this is indispensable quality as being the leader which keeps the moral ethical component for the good public presentation. Responsibility is another component which is uniting to the moral ethical value. A leader should be responsible for the whole company including concern activities and traffics with the employers, clients, keeping to the merchandise quality and so on which support to success the company ends and aims. The leaders duties are the illustrations to the components so the life of the leader on his duty which the leader make it and how did he do where the full people are traveling to follow.The leader might take the best and fit different so other thoughts for the resolution job which would be singular and noticeable by the full company and the people. You read "The Use Of Ethical Behavior Commerce Essay" in category "Essay examples" Continuity is another quality of a leader as practician in existent life and the concern excessively in any company informal and formal. The leaders ‘ thoughts may non useful all the clip, when it seems like useless so leader does non hold to be frustrated. Leaderships should hold the continuity ability to carry through the nucleus mission of the company and leader. So one time the leader fails to pull the benefit for the company he or she should non go forth the leading. Consideration is another factor which appreciates to make the activities for the improvement of the company by the members if this cardinal point is in the head of the leader. If leader expect something making good organize the staffs so leader besides have to carry through some outlook of the client, clients, employers, commission and the community. In this instance the leader should hold the consideration capacity if the followings have done some incorrect reactions and actions excessively. The thought towards leaders ‘ signifier the follower is like really of import individual and knows everything because of the tonss of experience and survey. Because of this ground leader should come with the advanced thoughts brushs with different good public presentation to turn out that leader is good equipped with all the elements which can be described as Excellency. If leader comes any new thoughts with holding the slogan of the company improvement and their will be significance of holding slogan and anything making worth is deserving making. Devotion to the full profession is average to love to the work and walk to the destine finish where understanding and the committedness are the indispensable portion of the profession. Leading a company is challengeable occupation where certain promises and finding demand to make which assist to carry through the committedness and make the finish. To see the importance of the life as professional is person to love and lament to make the things. Dedication and devotedness are the elements to hold the involvement to the full work which comes from the committedness. So the committedness is really of import for the parts of ethical values and norms as a leader of the concern company. The above values should mind of by the leaders for the keeping excellence of the things to be done, be responsible for the promising things holding the considerations for the considerable things, maintaining the strict pattern for continuity and be committed as honest leader which is really of import moral ethic with values and norms ( Minning A ; Curtis, 2009 ) . To pay the long tally away in the leading in concern by utilizing the ethical behaviour should truly hold to concern to the client, employees, stockholders and community. The demands of the clients particularly supplying the quality of the merchandise which can be stated by the art of the merchandise. The clean working environment, fairness judgement on the worker public presentation and organizing their potency to the employees by the leaders is seems on the ethical behaviour. Expecting the returns from the investings maintaining the same criterion of the growing within the concern and keeping the standard quality of the ethical behaviour for the well existences of full society. Codes of moralss are the elements of the tolerance in making the organisational plants and the intervention to the members of the organisation and the whole full society. The more you have the good moralss and values the more you can portion your thoughts clearly and that helps you to be better leader. The a bility to advance the moral and ethic behaviour by the leaders is to advance him as active and effectual leader to keep the certain end in concern. Bibliography George Manning, K. C. ( 2007 ) . Ethic at work. In K. George, The art of Leadership ( pp. 120-136 ) . New York: Mc Graw-Hill. Manning, G. , A ; Curtis, K. ( 2009 ) . behavior influences employee behavior and the organisation. In k. C. George Manning, The art of the leading ( pp. 92-121 ) . New York: Mc Graw-Hill. Minning, G. , A ; Curtis, K. ( 2009 ) . Leadership Ethic. In K. C. George Manning, The Art of Leadership ( p. 92 ) . New York: McGraw-Hill. â€Å" Within the concern context, concerns are expected to hold good ethical values and move socially responsible. The job is that the moralss of a concern is a mixture of the single sets of moralss. This is why it is of import to hold good persons as employees. it is besides every bit of import that when you go to work someplace that you feel like you portion the values of those you work with. Ethic is non merely speaking about the right thing. It is making what is the right in every determination that is made. † Based on the above observation discuss the impact on society that ethical leaders can do. misbehavior ion of the moralss means losing the cost of societal and economic where ethical values and societal act play really of import function for the company economic position which determine by the determination of the ethical point of position. The regulations of the plants are described to the employees of the concern by the leaders where the thoughts are reflected for the clip being. The thoughts should be stated every bit clearly as the leader can with the few Numberss of points which should turn to to the members of the concern every bit to all by the implementing the ethical determination at work. When the concern runs with the certain ethical norms and values holding the codification of ethic which reference to all the related organic structures of the concern like governmental, employees, communicative environment, concern, production every bit good consumer and with their relation. From that reference the leaders have to recognize that at the terminal of the any production they will play the really of import function In different ways. The cardinal and direct impacting point by the ethical determination at work is the clients, employees, proprietors and the citizens who truly use the merchandises. The usage of the ethical determination is try to do happy all the constituencies, wholly devoted to the full intent of the concern, agreed to hold the learn in order to the acquiring new thoughts and have the alteration one. The determination should be all over the best whatever they do. The illustration of good ethical determination as I have got it from the large and celebrated organisation which is Telecom.Ltd.This organisation is good established and good service oriented aiming to the community and their day-to-day activities. They provide the map of the full community harmonizing to the demand of the people and they deal of the whole combustion issues at the average clip. The leader of this organisation is altering clip and once more and they are good trained. The staffs of this organisation are every bit handling on the footing of the ethical determination which is taking whole full organisation in the right place. We are holding tonss of the natural job around the universe like landslide, temblors, tsunamis, implosion therapy and so on, whenever these crises come they are ready to assist to the defected household, society and the countries by the different tools with finance besides which seems different ethical values and norms.That makes the criterion of th e organisation holding the beliefs and the committedness where the all the members of the organisation have the feeling of the fusion that brings the full community really strong and trust by implementing the ethical determination at the practical degree. Because of the with the codification of ethic and its values and norms Telecom.Ltd holding the societal and economical cost is really good which is the demand of the today ‘s organisation. They are socially responsible have a good ethical values which is lead by the leader who has mixture of the single sets of moralss. Every person employee has good relationship organize the ethical values and norms with leader. When they work they truly portion thoughts each other ‘s and they do non maintain on speaking and taking the ethic merely they truly implement in existent work which should be. Employees have the pride of their company with the quite fairness behaviour behind the defined demand of the occupation is the consequence of the moral principle at work in the work topographic point. The criterion of the life direction, trust, and the financially strongest are the dependant of the company ‘s success by utilizing the determination with ethical norms and values. The full clime of ethical environment can be stated by the. Higher clime is the higher fiscal positions which can be described by the best companies satisfy their societal and fiscal position. So there is the large impact in the society that ethical leader can do. The leader is the applied scientist of the company or the driver of the whole company. ( George Manning, 2007 ) How to cite The Use Of Ethical Behavior Commerce Essay, Essay examples

Business Economics Changes in UK

Question: Story 1 A firm that is either merging, attempting to take over other firms or diversifying. Story 2 A firm that is being affected by change with respect to at least one of the following general external environmental factors: political, economic, social, technological, legal or ethical/environmental, i.e. affected by changes in at least one of the general PESTLE environmental factors. Story 3 A firm that is being affected by changes in the microeconomic environment; there is change in at least one of the operating environmental categories that is specific to the identified firm, eg. changes with respect to Customers, Competitors, Complementors, or Suppliers. You should clearly describe each story and demonstrate an ability to apply relevant microeconomic and/or macroeconomic concepts in a real world context; your report should analyse each firms situation from a business economists viewpoint as you explain the context, rationale and implications of the story about the firm? Answer: Introduction Recently there have been a lot of changes in UK in various factors starting from mergers and amalgamation to the microeconomic changes. This assignment will focus on three firms. First, Aviva for mergers and acquisition second is Bank of England for the economical analysis and finally is Aer Lingus for micro-economic changes in business environment due to competition. (Baye, 2000). Story 1 Aviva is one of UKs biggest insurers, which posted that 6% rise to 2.17bn, which has reportedly induced smaller rivals to jump 38% to 556m regardless to the new rules of pension which triggered collapse to the annuity sales. After the 5.6bn takeover, Friends Life brand will disappear which will by then bring cost savings of 225m in part, in the course of 1500 job losses (Beattie, Fearnley and Hines, 2013). Both the insurance firms, Friends Life and Aviva have both profits before the 5.6bn takeover, which was anticipated to be approved later this month by the shareholders (Editorial Board, 2013). UKs largest insurer, AVIVA, is acquiring Friends Life at a grave time where all the life insurance firms underneath pressure from the new rules of UK pension which have activated a collapse in the sale of annuities. The firm has posted a rise of 6% in its operating profit for the year 2014 to 2.17bn, which is higher than anticipated. Aviva has rose to 556.5p after there was a 6% rise in the profits of 2014, aligned with the expectations of the investors and also announced 12.25p per share as a final dividend, which takes the payments for total dividend to 18.1 per share for the year (IFC, 2014). On the contrary Friends Life whose performance of the share price has largely been tied to the Avivas since the planned acquisition announcement by its rival was made. The share price rose to 424.4p by 4.5%. The insurer has reported a 38% rise in the full-year profits and has confirmed a dividend of full year of 31.15p per share which is subjected to the takeover by Aviva. This made both Aviv a and Friends Life the biggest toppers on the FTSE 100 index (Eichler and Maltritz, 2013). After the takeover Friends Life will disappear which in return will bring the cost savings of 225m, partially through 1500 the job losses. The chief executive of Aviva refused to give any details about the cuts citing that the company will consult the staff first. There are 16000 employees in UK, which also included 5000 in York and Sheffield based life and pension concern (Das, Raskhit and Debasish, 2009). There have been a lot of questions about the proposed merger. This would be one of the biggest deals in the insurance sector of UK after CGU merged with Norwich Union in the year 2000, which eventually created Aviva. This is the right acquisition in right time which will speed up the subsequent phase of Aviva. The new sales of Aviva declined 16% as the bulk annuity sales failed to overshadow a drop in the individual sales of annuity. The acquisition of Friends will enhance the management of funds in Aviva, which added 70bn, taking the total funds beneath the management to more than 300bn (Rodrigues and Stevenson, 2013). It is working on the orbit of the business which has very recently fined by the city watchdog for the failure systems and control and has paid compensation to eight funds of 131m (Das, Raskhit and Debasish, 2009). Link:https://www.theguardian.com/business/2015/mar/05/aviva-and-friends-life-annual-profits-takeover-insurer-pension-annuity-sales Story 2 Bank of England has warned of enormous financial risk from the investment of fossil fuel. Bank of Englands prudential regulation authority, the deputy head said that the investments in the fossil fuels and the related technologies will take a huge hit very recently (Chortareas, Girardone and Ventouri, 2011). Insurance companies may suffer an extreme damage if the investments in the fossil fuel companies cause severe actions on the climate change. This is a case of environmental issue which could be analyzed through the framework of PESTLE. Right now it is a risk for the insurers to invest in the assets which could be trapped by the changes in policy which will limit the use of fossil fuels. The companies should try to avoid the systemic risks of the economy. With the increased limitations of the carbon emissions in the economy and the move towards the alternative sources of energy, the investment in fossil fuels is increasingly growing in the recent financial market (Raugei, Fullana-i-Palmer and Fthenakis, 2012). The Deputy Head of the banks PRA told that he has already mentioned about this but it is yet to be infused by the companies. One of the worlds key banks warning came that the majority of the fossil reserves are unburnable if the limitations to the climate change is 2C as vowed b y the worlds government. Bank will provide the report to the government on financial risk portrayed by carbon bubble. The research director at Carbon Tracker Initiative has earlier mentioned that it is good to see that the major central bank is seeing the necessity to move with the times and realize the role which deals with one major challenge which is facing the economies today. All financial institutions should respond in the same manner and try to collaborate on the issue. A sequence of analysis shows that the existing reserves of the fossil fuels cannot be burnt devoid of blowing safe budget for the emissions of carbon (Raugei, Fullana-i-Palmer and Fthenakis, 2012). Recent study in the month of January has pointed out that 80% of the coal reserves, oil and half of gas would have to remain in the ground. In the Insurance Summit 2015 in London banks executive director Paul Fisher has mentioned that the policies which are designed to put a limit the emissions of carbon are to prev ent the catastrophe change in the climate and it would mean that the fossil fuels become a stranded asset. Companies have spent 436bn in the year 2013 only for searching more fossil fuels and investments that would be worthless if the activity on the global warming allows emissions. Professor of Energy Policy in the University of Oxford, Dieter Helm has told that there is no virtual chance of binding the agreement in Paris which will lead to the two degree limit to be successful. Along with the environmental issue this is also an economical issue. Fisher also mentioned that the changes in the climate impact the insurers from both sides of the balance sheets. They may be impacted by the increase in insurance claims; it also appears that the asset side will also give rise to the unexpected risk. He mentioned that the insurance industry has started taking steps of climate curve on liability side but not doing in the role as investors of long-term. The banks approach to deal with the sy stematic economic risk would change by the analysis of carbon bubble. The fundamental changes in environment may affect the financial and economic stability and also the safety and soundness of the firms with the possible inference to the banks. https://www.theguardian.com/environment/2015/mar/03/bank-of-england-warns-of-financial-risk-from-fossil-fuel-investments Story 3 Recently IAG, British Airways parent company has been rejected by Aer Lingus for a takeover by its competitor. Aer Lingus has mentioned that IAG fundamentally undervalues the airlines. Willie Walsh, former pilot and chief executive of IAG has denied earlier on adding the Irish carrier company to bring with it the important extra take-off period at the Heathrow airport. The airlines industry has recognized target the competitors continued association with European Airlines (Barrett, 2006). Aer Lingus has mentioned that it has initially received an extremely conditional and non-binding attitude from IAG. Aer Lingus has reviewed the proposal and has found that the British Airways have basically undervalued them and the desirable prospects (Jeffers and Mignin, 2004). Here comes the uncertainty that if any offer will be at all made or not and so the shareholders are advised not to take any action. IAG issued a statement mentioning the moving price of the share of Aer Lingus and also confirmed that it has given a proposal for an offer to the company, which was rejected by the Aer Lingus board (Townsend, 2002). This competition between both this companies, to garner more passengers base and expand its reach to more places, has changed the business environment and has created an uncertainty about the takeover (Barrett, 2006). John Stickland, aviation analyst has clearly mentioned that there could be challenged and regulatory concerns from the other airlines on the grounds of competition. Aer Lingus was successful erstwhile against the tough economic climate even so a deal will give IAG a sound position in Heathrow. This cannot be merely termed as a takeover because it more of a competition in the same industry where uncertainty of takeover is been clearly seen here. Here one career group is being undervalued by the other. The competition has raised so much that Ryanair, an Irish career had also plans to buy Aer Lingus which was later thwarted. To garner more https://www.theguardian.com/business/2014/dec/18/british-airways-iag-moves-takeover-aer-lingus Conclusion Thus we see from the above mentioned articles the changes in the business environment. There were issues of takeover in the first article where Aviva has acquired Friends Life followed by Bank of England article where the issues with the environment being hampered with the investments in fossil fuel thereby affecting the economic condition of the country, the two factors of PESTLE and finally the competition of taking over Aer Lingus. The articles rightly points out the reasons why a company wants to expand or what is the impact iof an institution on the economy and the environment. It also shows the dealings of between two or more organization. References Barrett, S. (2006). Commercialising a national airlinethe Aer Lingus case study. Journal of Air Transport Management, 12(4), pp.159-167. Baye, M. (2000). Managerial economics business strategy. Boston: Irwin/McGraw-Hill. Beattie, V., Fearnley, S. and Hines, T. (2013). Perceptions of factors affecting audit quality in the post-SOX UK regulatory environment. Accounting and Business Research, 43(1), pp.56-81. Chortareas, G., Girardone, C. and Ventouri, A. (2011). Financial Frictions, Bank Efficiency and Risk: Evidence from the Eurozone. Journal of Business Finance Accounting, 38(1-2), pp.259-287. Das, B., Raskhit, D. and Debasish, S. (2009). Corporate restructuring. Mumbai: Himalaya Pub. House. Editorial Board. (2013). Journal of Economics and Business, 67, p.CO2. Eichler, S. and Maltritz, D. (2013). An options-based approach to forecast competing bids: evidence for Canadian takeover battles. Applied Economics, 45(34), pp.4805-4819. IFC. (2014). Journal of Economics and Business, 75, p.IFC. Jeffers, R. and Mignin, R. (2004). Global business workforce restructuring. London: Kluwer Law International. Raugei, M., Fullana-i-Palmer, P. and Fthenakis, V. (2012). The energy return on energy investment (EROI) of photovoltaics: Methodology and comparisons with fossil fuel life cycles. Energy Policy, 45, pp.576-582. Rodrigues, B. and Stevenson, M. (2013). Takeover prediction using forecast combinations. International Journal of Forecasting, 29(4), pp.628-641. Townsend, H. (2002). Foundations of business economics. London: Routledge.