Saturday, February 29, 2020

AutoTextList s NoStyle tPlease enter the titl Essays - Economy

AutoTextList \s NoStyle \t "Please enter the title of your essay here. Remember that all major words should begin with a capital letter. Also do notbold, underline, or italicize your title."Case 11-3 BudgetAutoTextList\s NoStyle \t "Please type in your first and last name"Tara JohnsonAutoTextList \s NoStyle \t "Type in your name name and number and then give the course title. For example, ENG 121: English Composition I"INF 336 Project ProcurementAutoTextList \s NoStyle \t "Enter your instructor's first and last name here. For example, Prof. Emily Nye"Abbie BellerAutoTextList \s NoStyle \t "Enter the date you will submit this assignment. The date should go Month Day, Year. For example: January 2, 2014"December 11, 2017 Case 3-11 BudgetOrganizationsgo through many changes within the organization due to outsourcing, eBusiness and with the increase of globalization. Supply management and purchasing are considered hair raisers in any company and it is a major concern for the purchasing manager who must maintain and adhere to a budget. Service focused businesses are beginning to dominate major economies. When a company is marketing a product, it is their job to ensure that the product iscompelling, the companyalsoneeds to have the manpower to handle the workload of producing the product at an attractive price.Companies must recognize purchasing as supply management if they are going to remain competitive. In market transactions the price of the goods or service is determined by supply and demand in the market.Tocreate aprofit,the purchase price should be lower than the selling price. When we look at the example ofCase 3-11 Carmichael Corporation, they needed the product MS-7 but would it be worth it in the end to purchase it? The price of the MS-7 had greatly increased and that could cut into the company'sprofitability. At this point, they canconsiderother products that are cheaper but produce the same results. This is where strategic cost management comes into play. When a companyunderstandcosts that support their strategic position and which costs have either no impact or weakens it, the goal isto reduce the total costs while improving the strategic position of the business. Before Amanda Tellford, of the Carmichael Corporation decides to cut corners she needs to understand that cost is a strategic issue and should be looked at in the long term. She really needs to get a better understanding ofhersuppliers and their business and somehow help them toimprove their processes and with the end goal of loweringthe company's costs.Her business and the product that they market are unique.Since Brisson is planning to corner the market, I feel that she probably will be better off if she joined forces with Brisson. The MS-7 that her company needs will be made locally within the US and even though the price might be higher than what she's used to the product turn around should be quicker. It is not in the best interest for her company to try to manufacture the product themselves because they don't know how well the product will do in the future months. So, let Brisson make the initial investment and as the market grows and gets stable then the Carmichael Corporation can make and manufacture their own MS-7. But, on the other hand if everything busts and it's a failure they are not out of any money. She needs to keep in mind the learning curve and man hours that it will take to manufacture the MS-7 and to make a huge investment like that when you are not sure is notbusiness smart. The companyshould all concentrate on the need to provide the best products to their customers as a wayof beating or remainingcompetitivein the market rather than over concentrating on what other companies are doing (Weele, 2010).Amanda will waste precious time and resources worrying over things that can't be changed. Deliver a superior product and have good service and the customers will come. Even if

Thursday, February 13, 2020

Damages recoverable electronic funds transfer transactions under UK Dissertation

Damages recoverable electronic funds transfer transactions under UK Law - Dissertation Example To create a process that is safe for the customers, and well protected from losses arising from a lack of adequate legal remedial processes, is of utmost importance for a successful banking operation, which by its very nature of handling large amounts of money, comes under ‘high-risk’ business practice. Such high risks associated with banks comprised mainly of credit-interest risks, law related issues, and liquidity risks. With the start of the internet banking or the electronic funds transfer system has further increased these risks while creating some additional new ones, which may arise from the banks trying to circumvent regulatory and supervisory norms, in order to expand their customer reach. Other risks of a legal nature include the ambiguities on various legal processes and requirements that vary from country to country. 3 Though there are laws that specifically address the issue of frauds and other legal problems within internet banking and funds transfer, not m uch attention has been given to the area of remedies. In this era of high-end technology, it is necessary to review and re-examine various remedial processes like damage claims and injunction, within the electronic funds transfer transaction process. Discussion Banking system and electronic funds transfer under the English law: Under the English law, 'banking business' 4 is seen as comprising of two main basic features: â€Å"acceptance of money from and collection of cheques for their customers and placing them to the customer’s credit, and honouring cheques drawn on the bank by its customers and debiting customers' account accordingly.†5 The term 'banking' has been framed differently within the English legislation, and is covered under Banking Act 1979, the Banking Act 1987 and, the Financial Services and Markets Act 2000 also referred to as FSMA 2000.6 In the context of modern banking system through the internet, â€Å"electronic banking† or â€Å"e-bankingà ¢â‚¬  is defined as banking operations conducted by authorised banks (or their official representatives), from a remote location through tools that function under the bank's direct management or through outsourced agents. Thus, e-banking encompasses an entire set of process through which a customer can transfer funds electronically, without having to visit a bank physically, and these processes also includes services where the customers can access their accounts, conduct business transaction, receive necessary information on different financial services and products all the Internet (fig 1). In UK, all electronic modes of payments/transactions come under the jurisdiction of the â€Å"law of contract and agency and the customs and usages of banking.† 7 Fig 1: Various processes and available services as seen within e banking.8 As

Saturday, February 1, 2020

How children with challenging behaviours can be included in the Literature review

How children with challenging behaviours can be included in the classroom - Literature review Example Though there is much disagreement on the exact definition, yet the intellectual community is aiming at identifying pragmatic solutions to the issue. For this reason, it is first crucial to understanding the reasons behind such behaviours which may range from general communication difficulties to other external factors, sometimes even socio-economic disadvantages or an underlying medical cause (Knowles & Landen 2012). Thus, once the underlying causes are identified, policy initiatives can be taken at the institute level which would then be needed to be incorporated into classroom to incorporate children with needs in the classroom. Establishing and Promoting positive behaviour towards children implicating challenging behaviour, on part of the teachers, is the most effective technique to resolve the issue early on. However, the main question arises in context to which techniques to apply and how, in order to ensure a secure and an encouraging environment for such children with needs. Moreover, the policies would only be effective if they contribute toward building a positive culture in the institute where an encouraging environment can be reaped to help the children with challenging behaviours. Analyzing literature is essential to understanding what has been done in the past to deal with the issue at hand, and more importantly the effectiveness of the techniques being applied in the past. More importantly, literature review will lead toward better understanding of the topic at hand which will further provide logical insights on the research question. Moreover, literature review will offer a holistic analysis of the children with challenging behaviours, which will help in generalizations adding further knowledge to the topic at hand. The topic is a policy concern for all institutions imparting education to children, since these institutes leave a serious impact on the students. Not