Friday, September 13, 2019
Transport report Essay Example | Topics and Well Written Essays - 3500 words
Transport report - Essay Example Two core participants in the multimodal supply are identified as the management (logistic department) and the multimodal transporter chain have been discussed in details. Each of these key players is seen to have very distinct and elaborate functions to play in making multimodal supply chain a success. Lastly he benefits of using multimodal supply chains are discussed. For the purpose of description Oakley Oil Company based in U.K. has been used. A supply chain is made up of all parties concerned, directly or indirectly, in fulfilling a buyer request to either supply goods or provide a certain service. The parties involved include retailers, customers and transporters. Within each supply chain, transport plays a key role of receiving and delivering a customerââ¬â¢s request. A warehouseââ¬â¢s transport means may either be by air, road, water or rail or a combination of any 2 or 3 thus a multi-modal transport chain supply. In other supply chainââ¬â¢s transport systems, customers order are supplied using a single means thus a uni-modal transport supply chain (ââ¬Å"About Dept to Equity Ratioâ⬠, 2012). A customer who places an off shore order will be most likely supplied with a multi-modal transport supply chain. A multi-modal supply system is largely used by multi-national companies; however, other established companies though not multi-national may use it. To the contrary, uni-modal transport supply chains large ly serve local purchase orders because there may not be transit over vast distances. In addition, uni-modal transport supply chains chiefly serve domestic markets while, multi-modal transport supply chain, serves foreign market of exports and imports. Uni-modal transport supply chains, though, they have a number of limitations, they should be appreciated for a number of reasons. First, they help meet limited supplies of goods which cannot be economical to the multi-transport supply chains, for example Oakley Oil Company supplies motels far distances from it
Thursday, September 12, 2019
Business management Essay Example | Topics and Well Written Essays - 2000 words - 6
Business management - Essay Example Each source of finance must function within the need of an organisation in order for it to be remarkably useful. Any business cannot just simply function without cash. That is why it is important to understand the current state of liquidity of a certain company. There is a need to understand the level of its cash flow. Understanding this will pave way to the basic knowledge on how much money needs to be considered prior to taking into account the assurance that business will continue to function and grow. In this paper, the proponent considers to critically assess some common sources of finance employed within different organisations and critically consider the sources of finance of Vodafone. Thus, prior to understanding the sources of finance of Vodafone, it is important to take a look at some sources of finance commonly used in most organisations. To continue business operation, capital is indeed needed. In the case of Vodafone, capital and fixed assets are not the same since the nature of its business is much more in the offering of services. This is eventually far from categorising the capital which is also known as fixed assets if used in production (Brigham, 1992). Vodafone certainly remains focus on the essential aspects in business. After all, it is clear that a business should operate with substantial amount of cash in which it shall be invested in land, facilities, personnel, equipment and other materials for the continuation of work and investment associated with businesses and subsidiaries. Vodafone clearly operates business through borrowing and equity which are parts of the three ways in which cash can be acquired. Mostly, firmââ¬â¢s reserves, disposal of assets or by borrowing are essential sources of funds. In the case of Vodafone, greater weights are clearly given to equity and borrowing. And in order to make them profitable there is a need to increase on revenue (Fess and Warren,
Wednesday, September 11, 2019
Delegating Responsibilities Is the Key to Effective Management Assignment - 1
Delegating Responsibilities Is the Key to Effective Management - Assignment Example This study outlines that delegating ensures that the manager has adequate time for other responsibilities such as monitoring progress, supervision, and decision-making. According to Dubrin, delegation helps the manager to delegate tasks that are low priority and not urgent, which give the manager adequate time to accomplish high priority projects that have short deadlines. The delegation also assists the manager in completing tasks at a faster pace. For example, if the manager is undertaking a project that requires research, he can delegate portions of the research topic to the employees. The employees can perform the research while he concentrates on analyzing the findings, drawing conclusions and making the decisions. Similarly, when undertaking a project, the group is able to complete the project swiftly because the manager breaks down the work and assigns it to different people ensuring that the project gets done quickly and the team can move on to another project. From this paper, it is clear that delegation ensures that the team undertakes more projects which increases productivity. During the delegation process, the manager must pair a task to the individual that can perform it best. For instance, the task to analyze media content about the company cannot be assigned to an individual that hardly has an online presence. Similarly, it would be a waste of time to ask the head of the IT department to complete that task. However, a young intern would be enthusiastic about spending their day online analyze the citing or media appearances of the company online. Matching an individual with the correct skills for the correct task increases the productivity level because everyone produces the best results for the assigned task.
Tuesday, September 10, 2019
Taxation law Essay Example | Topics and Well Written Essays - 2000 words
Taxation law - Essay Example The main issue that arises is the income tax being payable in one case and exempted in the other. Why Dixonââ¬â¢s income is assessable income but Scottââ¬â¢s income decided to be a gift. Tax payer Scott was employed as a clerk by a firm, which was a shipment agency. His annual salary being 250 pounds and declared taxable by the taxation commissioner. This taxpayer respondent, Dixon, enlisted himself in the armed forces hence ceasing his employment with the former employer. The employer of the respondent came up with a policy that of compensating their employees by paying the difference between the pay in the respondentsââ¬â¢ income currently being their employee and while being a staff member of the armed forces (Woellner, Vella & Burns, 1993).à . The respondent tax payer, after serving the armed forces joined his firm again in January 1946. An assessable income is the amount of money one makes within any given year that is subject to income tax. It is the sum of the money one has made from his job or by selling his property or any sort of investment or liquidation involved in ones total revenue held. In this particular case the tax commissioner was leading the case in terms of section 25 of the income tax assessment act 1936. 104 pounds were included in the tax payersââ¬â¢ assessable income in terms of section 25 (Woellner & CCH Australia Limited, 1987). ... The main difference between Dixonââ¬â¢s case and Scottââ¬â¢s case is the payable tax to be held with effect of 2 different sections of the act. Section 25 constitutes tax payment through means of assessable income whereas s 26e is tax to be paid on any type of income earned through means of a reward.in any sense be a recompense or consequence of the continued or contemporaneous existence of the relation of employer and employee or a reward. In Scott v Federal Commissioner for Taxation the tax payer is a solicitor who had known her client, a widow for quite some time now. She regularly visited the tax payer who dealt her with regard to being a solicitor but had been involved in constituting business together for some time now. Mrs. Freestone the client now trusted the tax payer who was make representations on her behalf to all legal matters related to a land called green acres which was under a restriction from the local government. Mrs. Free stone while making several attempts in lifting these bans was unsuccessful and decided to allow her solicitor deal with this matter who was later successful in lifting the restriction. Later, part of the green acres plot was sold in which the solicitor had played an important role. Later Mrs. Freestone had already decided to give out some of her estate and her money as a reward to people. Out of which 10,000 was to be paid to the tax payer as a reward. The main argument that led to the case in Scott v FCT was that 10000 pounds paid by Mrs. Free stone was either a reward to her solicitor, the tax payer or a fee rendered to him in terms of the services provided by him. It was established and proved later that this was a mere reward in return of his kindness and friendship
Monday, September 9, 2019
Organizational politics Essay Example | Topics and Well Written Essays - 1000 words
Organizational politics - Essay Example Human temperament or characteristics are indeed the prime cause of all politics in any setup but there are certain core environmental factors for all human behavior and it would be mandatory to study and understand them in an effort to understand the reasons for organizational politics. This is also necessary given the central role that politics plays in any work environment. In this presentation it has suggested that power plays a critical role in the politics of an organization (McShane and Travaglione). At all levels the distribution of power is vital to the running of a company. While the types of power vested in a person or group is important in itself, the impact that this power has on the employees is our prime concern here. Power provides a person with the authority to allocate a resource (which is important if resources are scarce), to punish or reward people and to judge their performances. This in turn causes people to attempt build a better picture of themselves in the eyes of the people in whom power is vested. This can be done either by maligning coworkers or by creating circumstances where coworkers promote your image. The dynamics of interpersonal relationships between co workers and also the relationship of managers and team members comes into force in such cases. Ambition and drive which are subjective characters also come into play here. While such reasons present a dark image of ... In recent years in particular, there has been much effort to chanelize the power of politics and turn it into a useful tool for the running of organizations and this indeed is the way to go! Manuscript Explore the main reasons for political behavior in organizations "32% of managers believe it simply isn't possible to use office politics constructively because human nature is so appallingly selfish that people will always guard their turf and abuse their role power" Park, 2002 This quote accurately summarizes the main reasons for political behaviour in organizations. Human temperament or characteristics are indeed the prime cause of all politics in any setup! But then what is it that we call politics in organizations Politics in Organisations The use of power and influence for personal gains within an organizational set up is by far the bets definition of politics. It is distinctly different from nation-state politics in involving more interpersonal relationships (Provis 2002) and involves interplay of ethics morality and personal interest. It is also now increasingly being recognized as inevitable in organizations. The prime cause of politics is the distribution of power in an organization. A widely accepted model for the bases of power in an organization has been described by Foucault, (1980). He refers to several plausible sources of origin of and refers to them as Reward power, coercive Power, legitimate power, expert power. All these manifestations of power are found in any organization and while there is an ongoing debate on which power base is the best in terms of outcome, a functional consequence of any of them is know to be organizational politics. It is interesting to study the correlates of power and politics! Some primary and
Sunday, September 8, 2019
Article review Example | Topics and Well Written Essays - 750 words - 4
Review - Article Example Therefore, undercover economies are new fundamental principles that are used to explain the modern economy using familiar economic circumstances to explain unfamiliar economic circumstances. Tim Harford is the think tank behind this economic revolution. In his contributions, he revealed that the games of negotiations and signals, battles of wits, and contests of strengths as the driving powers behind undercover economic concept. Additionally, the undercover economic revelation can be applied in all levels of the economies including making a choice in an individualââ¬â¢s daily life (Chapin 01). Notably, the La Vie en Rose CEO never hesitated to try a new concept to his business. In opting trying this newly found concept, CEO Franà §ois Roberge note that in order to achieve in his new venture, he needed to apply the ideals principles of management theories. He was saying, ââ¬Å"If you donââ¬â¢t try, thereââ¬â¢s no evolution. My concept of retail isâ⬠¦ if you donââ¬â¢t move, you dieâ⬠(Chapin 01). These concepts congregate organizational or business activities thereby bring workforce together with the aim of accomplishing business objectives and goal s using available resources. Roberge conciliated his management force towards the venture of newly found opportunity. However, Roberge needed deep understanding of the concepts of management theories to implement his idea towards enhancing his organizational or business productivity and service quality along the same line. Most of the management theories or concepts are used cumulatively in implementing strategies within a workplace. However, a workplace, workforce, and the purpose of the work often determine the combination of the management theories or concept combination. System theory, contingency theory, and chaos theory are the mostly known management theories. These theories are quite vital for Roberge since he needed to venture in different business market and deal with different
The movie battle in seattle compared to realbattleinseattle.org Essay
The movie battle in seattle compared to realbattleinseattle.org - Essay Example For example, the movie illustrates the world trade organization WTO protest as acts of hooliganism where protesters looted and burned shops. This was not the actual case. Were it not for the brutal force that met the protest by the Seattle police initially, the organizers of the protest after the world trade organization (WTO) conference had planned for a peaceful demonstration insisting that no violence was to be used, (Reitan 89). The Hollywood version of the protest after the world trade organization (WTO) conference is very biased. The Film describes the film illustrates the Events that took place in the city of Seattle in 20th February 1999. It blames the protesters for the outcome of the violence whereas the source of the violence during the protest was police brutality. The film also depicts that the cause of the protest was political while the actual truth is that the protest was protesting against corporate globalization, (WTO peopleââ¬â¢s history). Corporate Globalizatio n When bureaucratic corporations dominate the economy in hierarchically, it is considered corporate globalization. This is where big corporations and business establishments take control of decisions that affect the economy as a group. They do this to ensure that business keeps flowing on their side hence making very huge profits. The protest that happened in Seattle on November 30th 1999 aimed at fighting this control that big corporations and business institutions have on matters that affect the economy (Chapman 33). There have been other protests such as the protest after the world trade organization (WTO) conference that protests this control of the economy by bureaucratic corporations. Such protests include, Greek protests of May 2010, Global May Day protests in 2006, June 26, 2003 Thessalonika Clashes in Greece, during EU Summit, in 2001 in Quebec City in Canada, during FTAA, in Los Angeles, USA August 11, 2000 Clashes, at the Democratic National Convention and worldwide Carni val against Capitalism in 1999 (Chapman 45). All theses protests were held to demonstrate against the evil of corporate globalization, which is also referred to as corporate capitalism, (Chapman 45). One of the agendas of these protests it spread awareness on the effects that corporate globalization have on the world. These protests have helped a lot because after each protest people know what is happening in the economy of the world because they are received with a lot of press and publicity. These protests have been effective since policies that affect the worldââ¬â¢s economy are being determined differently. This means that governments do their own research in order to assist them in making good economic decisions rather than relying on what huge corporations and business organizations advice on. Another effect that these protests have had is that decisions about the economy are not left to countries that dominate the world economy such as the United States of America (USA). N owadays, almost all countries are consulted when it comes to make such decisions. In my opinion, decisions about the world economies should not be left to big corporations and business institutions. However, countries that experience the best economies in the world should be given a lot of attention when it comes to theses decisions. This is because theses countries have advanced their economies to high levels hence, countries with weak economies can learn a lot from them. However, these countries
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