Saturday, December 28, 2019

IHC distribution Center Operations Review on Supply Chain...

Operations Review on Waste Reduction, Cost Reduction and Process This memo will discuss the efficient ways that Supply Chain Management, Inventory, and Logistics have been successfully implemented in the Intermountain Healthcare Supply Chain Center. Peggy Lee, Card Program Manager at IHC led the tour in the Supply Chain Center. The goal of IHC distribution center is reduce waste, cost and centralized the high volume supplies in one location and distribute across all their facilities. This gives Intermountain better control of their inventories and negotiation advantages. Using these methods has had a great impact in waste reduction, quality and cost savings. Supply Chain infrastructure is an important process at Intermountain†¦show more content†¦These activities have a time set when they can be performed. They have divided morning to receive delivery from 4am to 12pm; all deliveries are done on a schedule, as well as pickups, pick up activities begin at 12pm. This is to increase efficiency of the location and the use of resources, thus reducing the chance of error and process flows. In addition, order placement is another key process. All IHC facilities must have their entire orders placed by 11:00 am every day to ensure order fulfillment. One other advantage at the supply chain facility is that it is built to allow shipments to be cross-docking. So, instead of products being housed they are immediately moved to another truck to deliver to the final destination. Logistics processes in this facility are designed to make resources more efficient and allow them to eliminate costs. IHC has increased their success by implementing new strategies on supply chain management, logistics and inventory. They have been able to cut costs and increase efficiencies in inventory on internal orders. Along with inventory, IHC has an added savings by testing for effectiveness of new products when negotiating with suppliers in the mock up room. By having this kind of interaction with supplies, ensures that the products will meet their needs and will contribute to their efficiency. They have also modified their logistics by reducing the number of tripsShow MoreRelatedDeveloping Management Skills404131 Words   |  1617 Pagesis an online assessment and preparation solution for courses in Principles of Management, Human Resources, Strategy, and Organizational Behavior that helps you actively study and prepare material for class. 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 Kim S.

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Friday, December 20, 2019

Ethics in Retail Industry - 5435 Words

Ethics in Retail Industry Name: Ratul Kumar Sarkar Registration Number: 4033/19 Indian Institute of Management Calcutta Mail - Proposal on assignment in ... https://mail.google.com/mail/u/0/?ui=2ik=4f81452ae6view=ptq=san... Ratul Kumar Sarkar Proposal on assignment in Business Ethics 2 messages Ratul Kumar Sarkar To: sanjana_tta@iimcal.ac.in Cc: ranjanm@iimcal.ac.in Name: Ratul Kumar Sarkar Reg No: 4033/19 Section: B Project type: Individual Project Title: Ethics in Retail Industry Scope: As a cornerstone of any organization and individual while interacting with various stakeholders, inside a retailing industry certain standards are followed to guide the decision making moments. The scope of the article includes study of these†¦show more content†¦Typically common unethical practices in the retail industry such as exploitation of workers, overemphasis on profitable products, unethically fixing prices on products, unethical issues of promotional campaign and their negative effects on consumer mindset are discussed in detail. Afterwards unethical practices in green retailing, the latest buzz of the retail industry in India are also discussed with examples from international retail chains. Also the issues with online retailing that security with online cus tomers, invasion in privacy in terms of personal information are mentioned in detail. Finally in the end some recommendations for the top management team are prescribed to reconsider the policies and code of conducts in the company to handle such ethically troubling situations. 1 Table of Contents: Introduction:........................................................................................................................................... 3 Types of Ethical Problems in Retail Sector: ............................................................................................. 4 Common unethical practices in Retail Marketing: .................................................................................. 4 Exploitation of Workers:Show MoreRelatedRetail Market Of The Retail Industry1726 Words   |  7 PagesHISTORY Retail is the selling of services or goods to consumers to gain a profit. The retail industry is one of the most important and profitable industries in the world economy today. Total annual U.S. retail sales have increased an average of 4.5% between 1993 and 2015, according to the U.S. Census Bureau. The simple idea of creating retail shops, discount stores, and super shops has altered the world of shoppers and consumers worldwide. An estimated two-thirds of the U.S. gross domestic productRead MoreThe Industry Environment : Walmart s Competitiveness1616 Words   |  7 PagesPart 4 Analyze the Industry Environment Walmart s competitiveness can be expounded in terms of Porter s five forces model very well. In order to analyze the industry environment logically, Porter s five forces model should be the main analysis guide. This model includes threat of new entrants, threat of substitute products or services, bargaining power of customers (buyers), bargaining power of suppliers and intensity of competitive rivalry. Here we focus on the five aspects to analysis the environmentRead MoreEthics in Banking Essay1345 Words   |  6 PagesBanking ethics are the moral or ethical principles that certain banks choose to abide by. There is not a universal code of ethical conduct, but the banks that vaunt their ethical credentials evaluate the ethical standing of potential investors and partners. Also, these banks choose the companies that they in turn invest in with their ethical policy in mind. The number of ethical questions that the banking industry faces are many and multifaceted. Full service rela tionships with customers areRead MoreAnalysis of Macys Business Model950 Words   |  4 PagesAbstract A business model is an important and integral part of the business a strategy of any firm whether big or small. The way a business model is developed determines and indicates the values, ethics and principles on the lines of which the business at large will be operating. It also indicates how the business is going to function and covers various internal and external dimensions of a business and the organization as a whole. Introduction Macys business model, like the other two rivalsRead MoreBusiness Analysis : Core Mark Company1573 Words   |  7 PagesWhen I started, the industry was that; Core-Mark Company was one and still one of the global leaders in the fresh and broad-line supply solutions. It is one of the most recognized brands globally. The company employs about 30,000 people globally. The company offers a full range of products, marketing programs as well as technology solutions, servicing North America. Core-Mark Company is to ensure that it exist and provide service to everyone who is in touch with them. The company exists to createRead MoreEthical Communication At A Retail Banking Call Center Sales Position1219 Words   |  5 Pages Ethical Communication in a Retail Banking Call Center Sales Position Jacklyn Martin Currently many banks are viewed as being sales driven and sometimes forget about providing quality customer service. Because of this many customers are looking to do their everyday banking transactions through electronic options instead of the traditional face to face interactions. This change in business is alerting banking institutions that they should utilize call center salespersons moreRead MoreMoral Ethics Of Business Entities Toward Society1496 Words   |  6 PagesMoral Ethics of Business Entities Toward Society Introduction The purpose of this documentary study is to analyze the ethical and moral action of Wal-Mart, one of the biggest retailer corporations in the United States, towards society and its employee. The â€Å"Wal-Mart: The High Cost of Low Price† is a documentary movie directed by Robert Greenwald and released in the market on November 4, 2005. Being the biggest competition of the retail industry toward the small local business owner, Wal-Mart claimsRead MoreCorporate Strategy Of The Business Diversification1608 Words   |  7 Pagesirrespective of whether they are related or not. A successful business diversification not only spreads the business risk across the diverse units but also adds a long term economic value to the company. The strategy for starting a new business is based on industry attractiveness test, the cost of entry and the better off test (Thompson, Peteraf, Gamble, and Strickland, 2016). A company with a business diversification consistently grew its profit by developing a diversified expansion plan beyond its core boundaryRead MoreEssay Walmart Case Study634 Words   |  3 Pagesstill does not. 2) What does it mean for an organization to be ethical in its communication and practices? Organizational ethics basically express the values of an organization to its employees and/or other entities irrespective of governmental and/or regulatory laws. Some basic elements of an ethical organization are to have a written code of ethics and standards; ethics training to executives, managers, and employees; availability for advice on ethical situations; and systems for confidentialRead MoreMission Statement Analysis1128 Words   |  5 PagesMission Statement and Code of Ethics For this assignment I choose to look at two companies I am currently working for. I have been with these companies for a few years and I have worked in different positions within the companies. I feel I have a sense of how they are managed and can compare my experiences with them to their goals of the mission statements and code of ethics. The Home Depot Mission Statement The first company is The Home Depot. After reading the mission statement I feel that

Psychology And Christianity By David Entwistle - 1621 Words

4-MAT Review: Integrative Approaches to Psychology and Christianity Allison McLeod Liberty University Summary The book Integrative Approaches to Psychology and Christianity by David Entwistle, allowed readers to explore a synopsis that addressed worldview issues, theoretical foundations and the models of integration. One subject that I enjoyed reviewing was the comparisons that Enwistle displayed of the relationship of psychology and theology throughout the class text. Additionally, Entwistle offered information that displayed how the two are both designed by God and that God is the creator of all truth. (Entwistle, p.150, 2010).Thus, the author attempted to show the reader various examined claims and tensions that resulted from these influences. We as individuals ordinarily go through life looking at life through our own views of how things should be grounded on our own worldviews. While, a worldview is how a person views the world and the theories that they personally have of the world. Nevertheless, Entwistle provides a fresh outlook for the observer on how psychology is integrated into our worldviews, as a source of guidance and faith. In addition, this is addressed on theology in which, the bible stems from. I found the assimilation of psychology and theology that the author provides, to be essential in assisting individuals with a variety of issues. For some individuals this can be a challenge, being that some Christians have a hard time with integratingShow MoreRelatedPsychology And Christianity Second Edition By David Entwistle1248 Words   |  5 Pagesapproaches to psychology and Christianity second edition by David Entwistle introduces the text by explaining how psychology can go in a direction, and Christian theol ogy approach can lead in a different direction. He continued by stating the need for understanding and studying human behavior because people come from different walks of life and different expectations. It leads us to form unique perspectives to help give us an understanding of the individuals you encounter. The Entwistle s book addressesRead MoreDavid N. Entwistle Integrative Approaches Psychology And Christianity1594 Words   |  7 PagesSummary No doubt that in the book written by David N. Entwistle Integrative Approaches to Psychology and Christianity, the author leaves the truths embodied in his book. Truths that for many to this day are still trying to accommodate in their vast knowledge they have concerning the psychological science. Many still fail to understand that both psychology and theology when they go hand in hand they can become allies in treating those who for one reason or another have external and internal conflictsRead MoreReview of Integrative Approach to Psychology and Christianity by David Entwistle994 Words   |  4 PagesApproaches to Psychology and Christianity: an introduction to worldview issues, philosophical foundations and models of integration, by David N. Entwistle. As the title states, this book discusses how to integrate psychology and theology. It also dives into to why it is so important to be able to integrate the two. Entwistle explains that just because the two are different does not m ean they should be separated and that we have to use both our worldviews. â€Å"Weaving together perspectives from psychology andRead MoreIntegrative Approaches Of Psychology And Christianity1529 Words   |  7 PagesIn his book, â€Å"Integrative Approaches to Psychology and Christianity,† David Entwistle (2010) provides a persuasive discourse for the assimilation of psychology and theology; secular and religious disciplines that present a â€Å"multifaceted dialogue shaped by historical interactions and tensions.† (p. 51) Of the two systems, psychology is by much of the Church thought to advocate reason over revelation whereas theology is, by more secular-leaning scholars, thought to be wanting of intellect. With TertullianRead MoreBook Review of Integrative Approaches to Psychology and Christianity1265 Words   |  5 Pagesï » ¿ Book review Entwistle, David N. Integrative approaches to psychology and Christianity: An introduction to worldview issues, philosophical foundations, and models of integration. Eugene, OR:  Cascade Books, 2010. Summary Many Christians fear that their faith is incompatible with the discipline of psychology. Integrative approaches to psychology and Christianity by David Entwistle makes a persuasive case that the two disciplines are complementary rather than polarized worldviews. Faith andRead MorePsychology And Christianity : Integrative Approaches Essay1694 Words   |  7 Pages A 4MAT Review of Entwistle’s Text: Integrative Approaches to Psychology and Christianity Stacy H. McConville Liberty University Online A 4MAT Review of Entwistle’s Text: Integrative Approaches to Psychology and Christianity Summary David N. Entwistle in his book titled Integrative Approaches to Psychology and Christianity: An Introduction to Worldview Issues, Philosophical Foundations, and ModelsRead MoreIntegrative Approaches Of Psychology And Christianity1495 Words   |  6 PagesApproaches to Psychology and Christianity, An Introduction to Worldview Issues, Philosophical Foundations and Models of Integration† is a book written by David N. Entwistle that offers insight and awareness to the relationship between psychology and theology. Psychology and theology share a common interest in the nature and purpose of human beings. 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According to this book, theology is basically based on faith while psychology is based on absolute truth. Entwistle (2010) poses a brilliant idea by suggesting that the interaction of theology and psychology is inevitable. These interactions are brought

Thursday, December 12, 2019

Corporation Law Business Purpose

Question: Discuss about the Corporation Law for Business Purpose. Answer: Introduction In the above-mentioned case, we can see that Indri owned a business of soil testing and later decides to form a company with the running business. It is also seen that he was the only shareholder as well as director. Later he lends $90,000 in order to meet the cost of purchase, which was at an inflated price. However, due to some reason his business afloat and his company was forced into liquidation (Bayraktar Ludkovski, 2014). As per the Australian Corporations Law, secured creditors are regarded are those persons who are a creditor within the security benefit interest over some or over all of the assets of the debtors. In the bankruptcy of the debtor, the secured creditors to obtain the security can enforce it over the assets of the debtors and for avoiding competition of distribution based on liquidation with the unsecured creditors. As the company in this case was forced into liquidation we can state that the job of the liquidator is to get the best result for both the creditors as well as shareholders and partially it can be collected by selling and valuing of the assets. The liquidators will be appointed for the priorities of creditors with the first claim made against the company and the charges are on the group of assets or specific assets, which includes mortgage issued by bank, unsecured creditors, shareholders etc. As Indri is a secured creditor according to the law secured creditors has the righ t to get back $90,000 but the total assets sold was at $95,000 but the total claim of creditors was $210,000 (Li, 2013). 1. As Indris business was going through a major slump from the end of 2012, thus, he became desperate and started working hard and while working hard at late night she injured her hand and went under microsurgery. There are rules regarding the workers safety in Australia, which consists of three annual publications, which helps, in providing key information regarding the compensation of workers especially in Australia and New Zealand (Reinhart Sbrancia, 2015). Which can be stated as follows: Comparison of compensation to workers- It states about the compensation, which is to be provided to the stakeholders in order to assist them with information based on compensation arrangements in Australia and New Zealand (Guant et al., 2012). Monitoring report on comparative performance-, this deals with the safety and work health of the workers compensation process operating in Australia and New Zealand. This part of the act explains about the compensation, regarding safety authorities including work-related injuries and diseases. Statistics of Australian workers compensation- It provides details of compensation of the workers, which includes over time trend, statistical loss based on work and compensation paid. It is presented on various values that cover occupation, sex, age group and industry. It also covers circumstances including work-related industry and diseases (Waldrip et al., 2015) Indris claims can be justified because he sold his business to a company and he was only a shareholder then so he can claim workers compensation as he was working for other company following the above rules (Valenzuela Hoffmann, 2015). 2. In this problem it is stated that Mr. Shifty, Ms. Avoider, Mr. Marginal had made an appointment with firm, Fees Ruthless, solicitors. They want to establish their new company named (No-Tax Agents Pty Ltd). The advice given to them is not to bother about their constitution instead of that relying on the replaceable rules as per the Corporation Act under Sec 135(1). However, this rule is not at all applicable to that of the proprietary company, in case if the same person is both sole director as well as the sole shareholder (Nyberg et al., 2013). These rules include: In each of the company which are registered after 1st July 1998; Any company which repeals its constitution after 1st July 1998; The powers and appointments of the directors; The regulation of meeting of directors; The regulation of meeting of members; Any special classes of shares which includes special rights; The share transfers; Based on the case study, it can be stated that the appointment of directors should depend rules. However, there are certain obligations in choosing the directors of the company as it is seen that Mr. Shifty is not interested in becoming the director or the secretary as his family company is appointed as a director and it does not have a company secretary. Secondly, it is stated that Ms Avoider is not available for the meeting as she is serving last five months of the conviction for false implication on accounts (Bachoo et al., 2013). Lastly, Mr. Marginal who is 72 years old suffering from Alzheimer and his estate are administered by trust deed. Thus taking into consideration all the points the powers of the directors can be stated that the directors must act in good faith and not to act contradictorily in the companys interest, not to use the powers in a improper manner, must avoid the conflicts of interest, duty must be in order to retain discretion (Haffner et al., 2015). As Ms Avo ider is convicted of fraud, she cannot be appointed a director on the grounds of fraud, Mr. Marginal was suffering from Alzheimer, and his property is administered by trust deed so there is no question of making him the director. Thus, the advice is in favor of Mr. Shifty and he is the most suitable of all to be appointed as a director.(Brits et al., 2015). Based on the given case study, it is stated that Shiftys family business suddenly goes into liquidation and the secured debtors receives all payments but unsecured debtors receives only $ 20. However, a complicated situation with other companies exists in which Mr. Shifty was associated with. The qualifications required for a director of the company is that they must have consent in writing of the other directors that they approve the appointment of the director. There must a consent and notification and appointment made by ASIC. A person can become the director in case boar appoints them. Therefore, in this case, Shifty cannot be granted the position of a director because the other companies where he was a director had a record of accomplishment of being liquidated. So considering all the pros and cons of the matter no one in this case is fit for being the director (Rajapakse, 2015). 3. In the given case study, it is seen that Alan and Bill are shareholders and directors of Sailaway Pty Ltd which deals in yachting clothing and equipments. Alan is also a majority shareholder as well as chairperson of Broadacres Pty Ltd, Broadacers needed a loan of $1.5 million in order find its latest purchase. Alan organized a loan of $1.5 million from ABC Finance Ltd based on mortgage of waterfront land guaranteed by Sailaway. He forged Bills signature on the document. Tom was the manger of ABC finance who knew that Sailaway never used to deal with property but the time of transaction Tom was not there and was completed by another manager. Now while the time of paying the amount of mortgage ABC finance is seeking rights from Sailaway because the mortgage has certain rights, which are: Consideration- It states that the performance in the Contract gives rise to pecuniary liabilities. It also deals with the amount of money, which are to be advanced or to be advanced in the way of loans or existing, future debts. Property should be specific and immovable- The mortgage property must be specific and distinctive. Parties- The person who transfer the property is the mortgagor and to whom it is transferred is the mortgagee. Both the parties should have contractual capabilities and the mortgagor and mortgagee and should not be a minor. Transfer of the interest- This means the transfer of the immovable property to secure the purpose of the money. The words transfer of the interest; means passing of the mortgage to the mortgagor and in return take the benefit. According to this case study, we can say that Saliaway Pty Ltd was the guarantor of the loan provided to Broadacers but though it was done by the means of fraud through one of its director named Alan so the rule will be applicable to the company for being fraud. As according to Australian law, we can state that single or more than one participant who includes the borrower as well as the loan officers can perpetrate fraud in mortgage. This case sates that Alan has foraged the sign of his partner name Bill so it will be granted in the criminal law. As mortgage, fraud is a crime so Alan can be charged against the offence in criminal law. Mortgage fraud should not be confused with predatory mortgage lending as it occurs when the customer is mislead or deceived by the agent of the lender. In the federal court, United States prosecutes mortgage fraud as the wire fraud, mail fraud, laundering of money, bank fraud etc. this is partially applicable to Allen in this case. As per these crimes, penalties are also available in matters of mortgage fraud (Butler et al., 2013). 4. In the given case study, we can see that Andy, Bob and Chris were friends since school days. Later Bob and Chris used to run a surf shop. As they were facing financial difficulties in their business, they asked Andy to help them financially with $100,000. Andy promised to pay them $100,000, if they pay him in return he gets $10,000 per year in the term of the loan it was also provided that if they provide that if Bob and Chris enter into any further contract about business then Andy should be informed (Giles-Corti et al., 2014). Therefore, there was a partnership made between three of them so the rules of partnership, which will be applicable here, are as follows: There must be valid agreements made between the parties. There must be a specific and definite trade, occupation, profession and business that are needed to be carried on. In the agreement, there must be a proper specification about the common meaning of mutuality of right, obligation and interest. There must be a proper viewpoint recognized about of the agreement thus charitable organization are never recognized as partnership. In the partnership agreement there must be a properly mentioned about the sharing of profit and losses about the business. As it is mentioned according to the law, the profit and losses are settled accordingly as it is made and further it is equally divided. As per the agreement made in the case study among Andy Bob and Chris was Bob and Chris will pay $10,00 per year in return to $100,000 which he paid to them in order to make prosperity of their business. As per the rules of partnership rules, we can say that partnership is an agreement where parties are known as partners who agree to cooperate in order to advance their mutual interest. The partners who are involved in the agreement of partnership is an individual, organization, schools, business, interest based organization etc. The partnership includes parties with the negotiable complexity and the challenges, which are navigated to an agreement (White et al., 2016). Once the agreement has been reached, the partnership is then enforced by typical civil law if it is documented well. Partners who wishes to makes their agreement the explicit affirmation and makes it enforceable must be done through the method of Articles of Partnership. As it is stated in the problem that Andy decided t o pay the amount to Chris and Bob only if they provide $10,000 per year out of profit. If this method is followed then there will no problem regarding partnership as there was an agreement made between three of them and they all agreed to it (Fooks Gilmore, 2013). Reference list: Bachoo, K., Tan, R., Wilson, M. (2013). Firm value and the quality of sustainability reporting in Australia. Australian Accounting Review, 23(1), 67-87. Bayraktar, E., Ludkovski, M. (2014). Liquidation in limit order books with controlled intensity. Mathematical Finance, 24(4), 627-650. Brits, R., Van der Walt, A. J. (2014). Application of the housing clause during mortgage foreclosure: a subsidiarity approach to the role of the National Credit Act (part 1). Tydskrif vir die Suid-Afrikaanse Reg, (2), 288-305. Butler, J., Foot, C., Bomb, M., Hiom, S., Coleman, M., Bryant, H., ... ICBP Working Group. (2013). The international cancer benchmarking partnership: an international collaboration to inform cancer policy in Australia, Canada, Denmark, Norway, Sweden and the United Kingdom. Health Policy, 112(1), 148-155. Fooks, G., Gilmore, A. B. (2013). International trade law, plain packaging and tobacco industry political activity: the Trans-Pacific Partnership. Tobacco control, tobaccocontrol-2012. Giles-Corti, B., Badland, H. M., Mavoa, S., Turrell, G., Bull, F., Boruff, B., ... Astell-Burt, T. (2014). Reconnecting urban planning with health: a protocol for the development and validation of national liveability indicators associated with noncommunicable disease risk behaviours and health outcomes. Guant, O., Lehalle, C. A., Fernandez-Tapia, J. (2012). Optimal portfolio liquidation with limit orders. SIAM Journal on Financial Mathematics, 3(1), 740-764. Haffner, M. E., Ong, R., Wood, G. A. (2015). Mortgage equity withdrawal in Australia: Recent trends, institutional settings and perspectives. Li, J. (2013). Accounting conservatism and debt contracts: Efficient liquidation and covenant renegotiation. Contemporary Accounting Research, 30(3), 1082-1098. Nyberg, D., Spicer, A., Wright, C. (2013). Incorporating citizens: corporate political engagement with climate change in Australia. Organization, 20(3), 433-453. Rajapakse, P. (2015). Unfair Dealing and Consumer Protection in Asset-Based Lending in Australia (No. 2604571). International Institute of Social and Economic Sciences. Reinhart, C. M., Sbrancia, M. B. (2015). The liquidation of government debt. Economic Policy, 30(82), 291-333. Richards, C., Kjrnes, U., Vik, J. (2016). Food security in welfare capitalism: Comparing social entitlements to food in Australia and Norway. Journal of Rural Studies, 43, 61-70. Valenzuela, I., Hoffmann, A. A. (2015). Effects of aphid feeding and associated virus injury on grain crops in Australia. Austral Entomology, 54(3), 292-305. Waldrip, S. H., Niven, R. K., Abel, M., Schlegel, M., Noack, B. R. (2015, January). MaxEnt analysis of a water distribution network in Canberra, ACT, Australia. in bayesian inference and maximum entropy methods in science and engineering (maxent 2014) (Vol. 1641, pp. 479-486). AIP Publishing. White, B., White, J., Giglia, R., Tawia, S. (2016). Feed Safe: a multidisciplinary partnership approach results in a successful mobile application for breastfeeding mothers. Health Promotion Journal of Australia.

Legalize it Persuasive Essay Example For Students

Legalize it Persuasive Essay No man should have control about something he or she did not create, but that God created. We have minds, and we will choose for ourselves, whether or not we like it. Marijuana has an excellent medical forte. Marijuana also has a very strong historical significance in the United States. It is now used and has been used for centuries for relieving and helping to cure illnesses. There are also many economical benefits for legalizing marijuana. Thus, marijuana has historical significance, medical uses, and economic benefits. Cultivation of marijuana in the United States dates back some four hundred years. Colonialist planted the first American marijuana crop in 1611 near Jamestown. They grew marijuana for its fiber content. King James I ordered the first ordered the cultivation of hemp in the colonies. A majority of colonial sails, bibles, clothing, and maps were made from hemp. Some historians believe George Washington and Thomas Jefferson grew marijuana and promoted a hemp-base society. Marijuana was first considered a mind-altering substance in the 1920s and 30s. During this time the drug was associated with mexican-american immigrants and African American jazz culture. This changed marijuanas image of being an excellent cash crop to being evil. With these accusations and false propaganda about marijuana leading to crime and being deadly, it was made illegal in 1937. The Marijuana Tax Act of 1937 made it illegal after only two one-hour congress meetings. Most of the information presented in these cong ress meetings has been proven false today by our medical society. Today marijuana remains the third most popular recreational drug in the United States. Even though it has been illegal for sixty years. Government figures say 70 million Americans have smoked marijuana. The majority of these people are hard working law-abiding citizens that should not be treated like criminals. Today state police arrest a marijuana smoker every fifty-four seconds. There are harsh penalties inflicted on marijuana smokers, which include incarceration, loss of license even when not driving, loss of child custody, and loss of public housing. As long as marijuana remains illegal, the United States looses money and effort trying to stop the use of plant that grows from the ground. Marijuana has the capability of being manufactured into twenty-five thousand environmentally safe products. This money making potential is being held from American farmers today. Industrial hemp is known as one of natures strongest and most versatile crops. The plant can be used in making various textiles, paper products, paints, clothing, plastics, cosmetics, foodstuffs, insulation, and animal feed. France harvests around ten thousand tons of industrial hemp every year. Currently hemp is grown legally in almost every country in the world except America. Hemp produces a much higher yield per acre than common substitutes. Domestic sales of imported hemp are around 35 million dollars per year. The American Farm Bureau states, Hemp is one of the most promising crops in half a century. American industries such as Adidas, Calvin Klein, and Ralph Lauren added imported hemp to their clothing lines. They have found it to be highly profitable. All of these economical benefits hemp has to offe r and its still considered illegal in the United States. Marijuana makes a large amount of money for our economy legally and illegally. If it were legalized it could make more. Making marijuana illegal looses money for Americas government. The government spends twenty-three thousand dollars a year incarcerating nonviolent marijuana offenders. The prohibition of marijuana looses this countries taxpayers 7.5 billion dollars a year. This large amount of funding should be put forth to target violent ones. Legalizing marijuana will help the issue of scarce jail space in this country and it will help stop clogging our countrys courts. .ud0d9602cd08fb647f6df10715ef6f055 , .ud0d9602cd08fb647f6df10715ef6f055 .postImageUrl , .ud0d9602cd08fb647f6df10715ef6f055 .centered-text-area { min-height: 80px; position: relative; } .ud0d9602cd08fb647f6df10715ef6f055 , .ud0d9602cd08fb647f6df10715ef6f055:hover , .ud0d9602cd08fb647f6df10715ef6f055:visited , .ud0d9602cd08fb647f6df10715ef6f055:active { border:0!important; } .ud0d9602cd08fb647f6df10715ef6f055 .clearfix:after { content: ""; display: table; clear: both; } .ud0d9602cd08fb647f6df10715ef6f055 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud0d9602cd08fb647f6df10715ef6f055:active , .ud0d9602cd08fb647f6df10715ef6f055:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud0d9602cd08fb647f6df10715ef6f055 .centered-text-area { width: 100%; position: relative ; } .ud0d9602cd08fb647f6df10715ef6f055 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud0d9602cd08fb647f6df10715ef6f055 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud0d9602cd08fb647f6df10715ef6f055 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud0d9602cd08fb647f6df10715ef6f055:hover .ctaButton { background-color: #34495E!important; } .ud0d9602cd08fb647f6df10715ef6f055 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud0d9602cd08fb647f6df10715ef6f055 .ud0d9602cd08fb647f6df10715ef6f055-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud0d9602cd08fb647f6df10715ef6f055:after { content: ""; display: block; clear: both; } READ: The Brethren EssayOn top of all these economical benefits of marijuana there are large medical benefits of marijuana. In the 1980s six different states sponsored studies all found that marijuana was an effective anti-emetic and an anti-nauseate for cancer chemotherapy. There were over one thousand patients in these studies. Co-principle investigator for the latest NAS report in 1997 said, short term marijuana use appears to be suitable in treating conditions like chemotherapy-induced nausea. Marijuana is proven to alleviate nausea, vomiting, and loss of appetite experienced by many AIDS patients. The

Wednesday, December 4, 2019

Cowboy Junkies - Lay It Down free essay sample

The Canadian foursome, Cowboy Junkies, laid down their sixth studio album, Lay It Down. Theyve managed to put out another melancholy but more insightful record. All members of the Timmons family participate. Margo does vocals, Michael plays the guitar and writes the lyrics, and Peter plays the drums. Alan Alton is the bass player. Although nothing truly compares to the 1988 Lou Reed cover Sweet Jane, Lay It Down contains a few songs (Lonely Sinking Feeling and Angel Mine) that are the most comparable to Junkie history. Michaels lyrics are mostly about loss or the feeling of slipping, whether it be of love or life. Johns at my side/but hes not noticing that Im drowning, from Beas Song (River Song Trilogy: Part II), and Now I know/ what it means to be broken/to be bare/grief is a word to describe the absence of feeling, from Now I Know are two obvious examples. We will write a custom essay sample on Cowboy Junkies Lay It Down or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Come Calling is a typical Im drinking and waiting for you to come back song. But with Margos mellow soprano vocals, backed with a bluesy undertone from the rest of the guys, the song is well done twice. Track 5, Come Calling (His Song) is quicker and the better of the two. Track 12, Come Calling (Her Song) is slow, but is still well done. Hold onto Me is a beautifully crafted song of having patience in a relationship, accompanied by a string arrangement. Something More Besides You is the opening track and best represents the record. A Common Disaster, the first and most likely only single according to Junkie history, is a hypnotic tune. The Cowboys would be no Junkies without Margos raw emotional vocals, overall a hushed bluesy record of relationships. Each song is its own best seller

Dominos Pizza - Business Plan Free Sample

Question: Discuss about the Business Plan of Dominos Pizza. Answer: Introduction Planning is supposed to be of great importance as it helps in enhancing the business procedure of the concerned organization. The purpose of the research paper is to evaluate the business plan for Dominos Pizza which is one of the fastest growing chains throughout the Australian market segments. It is the largest Pizza Chain throughout the concerned market segments of Australia. It is important to analyze the external as well as the internal market segments before the formation and execution of the business plan (Barringer, 2012). The company has the largest franchise throughout the various countries across the world. The firm was founded in the year 1983 in Queensland in Australia. Developments of the effective strategies are considered to be very important for the success of the business plan for any of the firm concerned. Financial plan and the critical risks need to be identified as these two generates enormous impact on the execution of the business practices of the firm. Market Analysis Analysis of the market segments is vital as it points out the needs and the requirements of the customers from the particular firm. There has been a significant increase in the fast food consumer throughout the different market segments of Australia. Therefore, the market segment is supposed to be suitable for the fast food restaurants chains as it can bring greater profitability to the firm (Kwok and Yu, 2013). There comes the crucial need to identify the people on the basis of their age, taste, demographics and other factors as it will help in the development of the effective business plan for the firm. People are now spending 74% of the total food consumption on consuming the fast foods. Moreover, the people can be further classified on the basis of income and gender (Chen, 2013). The craze of fast food has been seen especially in the youth of ages between 14 to 32 years of age. As per a public survey, 90%v of the people has been found to be regular users of Fast foods. Market Segmentation Segmentation is of great importance as it helps in dividing the entire large market segments into smaller units. There are different market segments which need to be selected in order to evaluate the selling of the products. Firstly, the company targets Melbourne marketplace and should divide the market into segments as to assist the customers with satisfactory services (Hair, 2015). The secondary market segment is the Marketplace around Sydney as it accounts for a large number of the people. This destination is supposed to attract a large number of the tourists as well as the college students who can provide the desired elevation in the business processes of the firm. The above chart critically reveals the percentage of people who consumes fast food on a regular basis. Moreover, it has been a fashion to consume the fast foods and therefore, it provides the preferred opportunity for Dominos Pizza to increase the selling of the entire product offered by the firm. The people can be classified as the youth, the working people and the tourists. The working people do not have the sufficient time to do their breakfast and therefore it is their urgent need to consume fast foods before going to their workplace. Target Market Target market segment strategy needs to be implemented as per the desired market potential which can give a large amount of profitability to the firm. The company needs to focus on the people of age between 14 to27 years of old as a large percentage of these people are more prone to the consumption of fast food. The secondary target of the firm is of people ages between 25 to 37 years of age. Thus, there exists a crucial need of formulating effective targeting strategies in order to attract a large number of the consumers towards the firm (Dhaugoda and Dang, 2015). Moreover, in order to attract the different types of the consumers, the company needs to provide different lunch strategies as per the satisfaction of the customers. It has been seen that throughout the competitive marketplaces, there are many of the well-known firms which have significantly implemented several strategies as to increase the satisfaction level of their respective consumers and thus, the formulation and adop tion of the effective strategies will help in evaluating the desired growth of the firm to a large area (Mullins, 2012). Formulation of the list of different types of the food such as Pizza or burgers which are considered to be the most consumed food for the people throughout the nation. Competitors: Some if its strongest competitors throughout the Australian market segments are McDonald Corporation and Starbucks which are measured to have a large number of the customer database. Marketing Formulation of the marketing strategies is important as it helps in evaluating the promotional campaigns for the respective products offered by the firm to a wide area of the people concerned. Market trends need to b evaluated as it creates a great impact on the formulation of the effective business plans. In order to market the products offered by the firm, it becomes more important to assist customers with appropriate products and service offerings (Tran, 2016). The use of the elements of the marketing mix is vital as it facilitates the growth of the business by promoting the products and services effectively to a wide area of the consumers. Products: The quality of the products plays the most important role in enhancing the selling of the fast food offered by the firm. Reliability of the products increases the satisfaction level of the customers and thus accounts for more customers providing an elevation in the profitability of the firm. Prices: There needs to be differentiation in the pricing strategy as compared with all its competitors because delivering of the good quality of the products at a lower price increase the selling of the food products in large numbers. Moreover, the firm needs to offer the best quality of the fast food products at lower or cheaper prices as to capture the middle-income people to a great extent. Place: Selection of the suitable place plays most important role in evaluating the effectiveness and the efficiency of the firm (McKenzie, 2015). The changes in the current trends have made it very useful to use online internet platform for the selling of the products and especially for home delivery. On the other hand, the selection of the different retail outlets will increase the profitability of the organization. Promotion: There are different types of the promotional tools which increase the selling of the goods in front of the customers. Social media and the internet platforms can be used for the advertisements as to promote the products to a large segment o the people. Uses of the celebrities are required for promoting the products to a wide area of the audiences. Strategies and Tactics The strategies should be formulated identifying the different factors prevailing throughout the concerned market segments of Australia. There are different types of strategies will help in bringing out the preferred success for Evaluation of the business plan for Dominos Pizza. MarketingStrategy Marketing plan seeks to aim exact consumers by messages which are most probable to sketch their concentration. It engages cyclic advertising as well as particular promotions as plans to attain market supremacy. Other plans that influence marketplace position for a corporation are acquired challenging companies, flattering the select machine for an accepted brand and using price tactics to draw customers. Microsoft plus Apple are, yet again, the example of advertising strategy as well as tactics. Operational Strategy The operational plan of lower expenses to create greater income includes lower respective operational expenses by install the newest computer project resource development software, hiring agreement workers to evade paying the profit, establish numerous facilities close up to respective target clientele, invest in the enhanced place and apparatus (Oliveira et al., 2015). Reduction in the cost price of all the products are of great importance and this can be done with the help of effective operational business strategies. Financial Strategy This is supposed to be vital to the success of the business plan for any of the firm concerned. The accumulation of the financial resources is important as they help in completing the business processes effectively. Tactics to attain the plan of enough currency to funding growth may engage factoring or borrow alongside respective accounts receivable, obtain payroll finance to be capable of paying individuals employees throughout times while people have huge outflows of currency, finding the investor or taking individuals corporation public. Financial Plan The financial plan includes all the expenses regarding the carrying out of the business plan for Dominos Pizza. PRO-FORMA of PROFIT PLUS LOSS YEAR 1 YEAR 2 YEAR 3 Sales $279,163 $558,327 $1,116,654 Direct Cost of Sales $61,957 $123,914 $247,827 Other Costs of Sales $0 $0 $0 TOTAL COST OF SALES $61,957 $123,914 $247,827 Gross Margin $217,207 $434,413 $868,826 Gross Margin % 77.81% 77.81% 77.81% Expenses Payroll $88,200 $262,000 $449,600 Marketing/advertising $10,000 $10,000 $10,000 Depreciation $0 $0 $0 Rental fee $174,000 $248,000 $298,000 Utilities $2,550 $5,000 $8,000 New place setup $25,000 $50,000 $50,000 Total working Expenses $299,750 $575,000 $815,600 Profit previous to Interest in addition to Taxes ($82,543) ($140,587) $53,226 EBITDA ($82,543) ($140,587) $53,226 Interest cost $0 $0 $0 Taxes Incurred $0 $0 $0 Net earnings ($82,543) ($140,587) $53,226 Net earnings/Sales -29.57% -25.18% 4.77% Break-Even Analysis Monthly unit Break-even 9,706 Monthly income Break-even $32,104 Assumptions: Standard Per-Unit Revenue $3.31 Average Per-Unit unpredictable price $0.73 Estimated Monthly permanent price $24,979 Critical Risks There are certain risks which need to be identified before the formation of the business plan as these risks significantly affect the execution of the business procedure in many ways. These risks are product risks, market risks, people risks, financial risks and competitive risks (Le, 2015). These risks affect the execution of the business plan for any of the concerned firm I many ways significantly. Financial risks are supposed to be that risk that a corporation suffers out of cash or mishandle their currency in some method. Restaurants company may contain huge monetary risk, as bad lend policies mutual with reduced asset policies be able to go under them. Competitive risks are those risks that a rival manufactured goods or service is capable of winning. Conclusion and Recommendations The research paper eventually presents the business plan for Dominos Pizza throughout the Australia market segments. Identification of the market segments along with the risks are of huge importance as they help in formulating effective strategies to bring positive outcomes for the firm. The secondary market segment is the Marketplace around Sydney as it accounts for a large number of the people. Formulation of the list of different types of the food such as Pizza or burgers which are considered to be the most consumed food for the people throughout the nation. There need to be some recommendations as to increase the efficiency of the business practices and to bring pout the success for the developed business plan . Firstly, there should be a team of certain members who will research the entire market segments and will help in identifying the factors affecting the business processes in different ways. Next, is the active participation of the employees in the decision-making process in order to bring out the positive results for the firm and these needs to be done effectively. The use of the marketing mix should be done in an effective way; moreover, the products should be promoted efficiently throughout the target market areas with celebrities as this creates a great impact on the customers. There should appropriate formulation of the strategies in order to reduce the risks associated with the execution of the business plan. The customer should be assisted with great quality of services and therefore, the recruitment of the potential employees is important. References Barringer, B., 2012.Entrepreneurship: Successfully Launching New Ventures, (2012). Chen, K.W.K., 2013.Korean restaurant business plan in Taiwan(Doctoral dissertation, Massachusetts Institute of Technology). Dhaugoda, S., and Dang, J., 2015. ''Asian BBQ House restaurant business plan. Hair, J.F., 2015.Essentials of business research methods. ME Sharpe. Kwok, L. and Yu, B., 2013. Spreading social media messages on facebook an analysis of restaurant business-to-consumer communications.Cornell Hospitality Quarterly,54(1), pp.84-94. Le, N.P., 2015. Small Ethnic Restaurant Business Owner Strategies to Remain Operable Beyond 7 Years. McKenzie, D.J., 2015. Identifying and spurring high-growth entrepreneurship: experimental evidence from a business plan competition.World Bank Policy Research Working Paper, (7391). Mullins, J., 2012.The new business road test: What entrepreneurs and executives should do before writing a business plan. Pearson UK. Oliveira, M.D.S., Moretti, S.D.A. and Pozo, H., 2015. The hospitality and restaurant management: evidence from a multiple case study in So Paulo, SP, Brazil.Rosa dos Ventos,7(1), pp.20-33. Tran, L.Q.P., 2016. Business Plan: Elpis Restaurant.