...Business Entity Matrix Blake M. Reimert LAW/531 Beverly Spencer October 1, 2012 Business Entity Matrix |BUSINESS |Formation |Control |Liability |Continuity |Taxation | |Entity | | | | | | |Partnership | A general partnership | Partners | Tort liability: | the usual rule is that| Partnership does not | | |is a business entity in | |Partnership is liable |the death or withdrawal|pay federal income | | |which two or more | |for tortuous act of a |of one of the members |taxes, partnership | | |co-owners engage in | |partner, employee, or |dissolves the |files information | | |business. The partners | |agent committed while |partnership, although |return, income losses | | |own the business assets | |the person is acting |an appropriate |reported on individual | | |together. Unless a | |within the ordinary |agreement in the |partners’ personal | | |partnership agreement | ...
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...ACCOUNTING TRANSPARENCY Charles Katoroogo Prof Brandy Havens ACC 303 12/1/2013 ACCOUNTING TRANSPARENCY Accounting is mainly concerned with general rules, concepts and principles that are established with the purpose of governing different fields of financial reporting. Accounting principles are also known as accounting principles and guidelines, these acts as the base on which more complex and critical rules are based. The authority responsible for issuing the accounting standards (i.e. financial accounting standard board) also uses these basic principles to formulate the accounting standards in a more efficient manner. Generally accepted accounting principles (GAAP) consist of various rules and principles which are used for preparing the financial statements. GAAP consist of three important fields:- 1) Basic accounting principles and guidelines. 2) Various accounting standards issued by FASB. 3) Generally accepted practices in the industry. All those companies which are providing its financial statement to public is required to follow the GAAP while preparing the financial statements. Further, if the company is a listed entity then the federal law of the nation requires the company to get its accounts audited by an independent certified public accountant. There has been various corporate scams in past years which has made it compulsory for the regulatory bodies to create various laws and amend the existing laws so that more accurate and transparent financial...
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...The Tools of Cooperation and Change Clayton M. Christensen, Matt Marx and Howard Stevenson Harvard Business Review October 2006 Introduction Christensen, Marx and Stevenson outline how a manager might use various methods to encourage people to work together towards successful change. The ability to get results and to be a successful change agent depends on the manager’s ability to select the proper motivation/change tools that will work within the situation and work environment they are facing. Assessing the Existing Level of Change The first step in selecting the proper tools to implement change is to assess the level of agreement in the organization based on two dimensions. Those dimensions being: • The extent to which people agree on what they want; the results they see from participation; values and priorities and trade-offs they are willing to make to achieve those goals. • The extent to which people agree on cause and effect; which actions will lead to the desired outcomes. When people have a shared understanding of cause and effect, they will usually agree about which processes to adopt. Four Types of Cooperation Tools These are the tools a manager can use to help implement change within the organization. It is vital to use the proper tools in the correct situation, otherwise there can be even more damage. The four types of tools are: • Power tools – ex. Force, coercion, threats • Management tools – ex. Training, operating systems, measurement systems ...
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...Week 3 Assignment 1 1. Functional structure in business works best for smaller companies and is the most common type of structure. Smaller companies that tend to have one product or service and one leader such as an owner or president. Advantages of a functional structure include having a single authority, employees with similar knowledge and a defined chain of command. It is a vertical structure with a hierarchy where information flows to the top of the chain (Daft, 2013. p. 318). Disadvantages of functional structure include things such as being more Bureurocratic and employees tend to overlook the larger picture of the organization. Daft explains that because these type companies are divided into departments, communication and coordination are slow and decision making may be poor (2013). 2. Another structure is the divisional approach. As opposed to the functional way, there are several teams across the same level that works on their own single product or service. Each of these teams has their own leader or manager. Pros of the divisional approach allow teams to be more focused on their own product or service. This allows them to be flexible and more reactive to changes (Daft, 2013. P. 320). Cons of this structure include higher overhead since it takes more employees to make up the teams and there may be a rivalry between teams due to competition. 3. The matrix is a combination of both functional and divisional (Daft, 2013 p. 321). There may be multiple higher leaders...
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...International Journal of Production Research, 2014 Vol. 52, No. 16, 4820–4834, http://dx.doi.org/10.1080/00207543.2014.890757 Development of a multi-scale model for customer perceived value of electric vehicles Rui Miao*, Fasheng Xu, Kai Zhang and Zhibin Jiang Department of Industrial Engineering and Logistics Management, Shanghai Jiao Tong University, Shanghai, China (Received 22 June 2012; accepted 23 January 2014) Electric vehicles (EVs) are now widely acknowledged as a potential ideal means of transportation in the near future in terms of environmental protection and oil crisis. The possible success of the future market for EVs is based on how much of EVs’ value can be perceived by their potential customers. Thus, research on customer perceived value (CPV) of EVs can help us, and especially EV manufacturers, understand the main factors contributing to CPV and how to design suitable EVs that can yield higher CPV. This paper first constructs a multi-scale model for the measurement of CPV based on surveys conducted at Shanghai, China. Then, the decision-making trial and evaluation laboratory method is applied to evaluate the importance of every scale and depict the internal relations among different scales on the impact-relations map (IRM). Further, a novel version of the house of quality is created to conduct technical feasibility analysis for the improvement of each scale. Finally, market segmentation for EV industry is proposed and discussed based on the analysis...
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...large as it is. Walmart’s organizational structure can be defined as a geographic structure, in which divisions are created to support the needs of customers in a particular region, country, or world area. (Jones: Introduction to Business: How Companies Create Value for People) Walmart as we know it here in the United States operates in a number of different countries under numerous names, all the same corporation. Walmart consists of three main business divisions. These include Wlamart United States, Walmart International, and Sam’s Club. These main divisions are the core of its’ organizational structure. From these divisions leadership and management is then regionally developed and divided into regions of each division all the way down to store managers. The headquarters of this nearly billion dollar corporation still lies in the state of Arkansas where it was began, which would make Walmart United States the top division of the three. This organizational structure is for a global, publically shared company that is seemingly only profiting more with time. A smaller company such as a hometown car dealership would operate under a much different organizational structure. Most of them in my area are family owned and operated, which would reflect on the matrix structure more than anything. One head CEO of the small company in my hometown is in charge of the whole thing....
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...answer in the back of the text so you can check your solution. I am happy to discuss any of the practice questions in the tutorial or during my office hours. You can also get help from the Math and Stats Learning Centre (ER 3125). (1) You need to borrow $100, 000 to start your business. You can borrow from the bank at 10% interest and you can borrow from your life insurance policy at 12%. Your business plan budgets for $10, 100 in interest payments in the first year. How much do you borrow from the bank, and how much do you borrow from your life insurance? Solution. Step 1: Define the variables. Let B be the amount, in dollars, to be borrowed from the bank and let L be the amount, in dollars, to be borrowed from the life insurance policy. Step 2: Set up the mathematical problem. We have two equations. The first equation states that the total amount to be borrowed is $100, 000. That is, we must have B + L = 100, 000. The second equation states that the interest to be paid is $10, 100. That is, 0.1B + 0.12L = 10, 100. Together they give the following system of two equations in two variables. B + L = 100, 000 0.1B + 0.12L = 10, 100 (1) (2) Step 3: Solve the mathematical problem. We create the augmented matrix and reduce it. We have...
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...Study | 2 | 1.4 Methodology of the Study | 3 | 1.5 Scope and Limitation of the Study | 3 | Chapter-02: Theoretical Overview | 4-8 | 2.1 Definition of Matrix | 4 | 2.2 Matrix Notation | 4 | 2.3 History of Matrix | 5 | 2.4 Types of Matrix | 6 | 2.4.1 Row Matrix | 6 | 2.4.2 Column Matrix | 6 | 2.4.3 Rectangular Matrix | 6 | 2.4.4 Square Matrix | 6 | 2.4.5 Zero Matrix | 7 | 2.4.6 Upper Triangular Matrix | 7 | 2.4.7 Lower Triangular Matrix | 7 | 2.4.8 Diagonal Matrix | 7 | 2.4.9 Scalar Matrix | 7 | 2.4.10 Identity Matrix | 8 | 2.4.11 Transpose Matrix | 8 | 2.4.12 Regular Matrix | 8 | 2.4.13 Singular Matrix | 8 | Chapter-03: Matrices Operation | 9-15 | 3.1. Properties of matrix operation | 9 | 3.1.1 Properties of subtraction | 9 | 3. 1.2 Properties of Addition | 9 | 3.1.3 Properties of Matrix Multiplication | 10 | 3.1.4 Properties of Scalar Multiplication | 10 | 3.1.5 Properties of the Transpose of a Matrix | 10 | 3.2 Matrix Operation | 11 | 3.2.1 Matrix Equality | 12 | 3.2.2 Matrix Addition | 12 | 3.2.3 Matrix Subtraction | 12 | 3.2.4 Matrix Multiplication | 12 | 3.2.5 Multiplication of Vectors | 14 | 3.3 Inverse of Matrix | 15 | 3.4 Elementary Operations | 15 | Chapter-04: Application of Matrix | 16-21 | 4.1 Application of Matrix | 16 | 4.1.1 Solving Linear Equations | 16 | 4.1.2 Electronics | 16 | 4.1.3 Symmetries and transformations in physics | 17 | 4.1.4 Analysis and geometry...
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...CHAPTER ONE 1.1 INTRODUCTION A casual look at the published empirical work in business and econometric will reveal that many economic relationships are of single –equation type. In such models, one variable (the dependent variable Y) is expressed as a linear function of one or more other variables (the explanatory variables, the X’s). An implicit assumption is that the cause and effect relationship, if any , between Y and X’s is unidirectional. The explanatory variables are the cause and the dependent variable is the effect . However, there are situations where there is a two- way or simultaneous relationships between Y and some of the X’s which makes the distinction between the dependent and the explanatory variables of dubious value. It is better to lump together a set of variables that can be determined simultaneously by the remaining set of variables- precisely what is done in simultaneous equation models. In such models, there is more than one equation - one for each of the mutually or jointly dependent or endogenous variables. And unlike the single equation models, in the simultaneous equation models, one may estimate the parameters of a single equation without taking into account information provided by the other equation in the system. In a simultaneous equation system, variables that appear only on the right – hand side of the equation are called exogenous or predetermined variables. They are truly independent or non-stochastic because they remain fixed. Variables...
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...Topic An example of morality and decision-making 07:26 PM 10/3/2011 An example of decision making is making money and what to do with it. Money is the driving force of American society; we thrive on capitalism (an ideology that the free market and entrepreneurship will set us free). Money is what we use to pay for electricity to power our houses and apartments. We pay for the use of water, sewage disposal, garbage disposal, clothing, and of course food. Without money life would be bleak. But the real question becomes what to do when you have money? How much money is enough? Both are very good questions. I believe during this particular time in our history, that money is doing more harm than good; I spend my money faster than I can make it, just like many Americans do. The morality part of this topic is that money is not the answer to the privileged people’s problems (though we think it is). However, money in the right hands can literally save lives. All that I have to do is give money to charity. Do I sacrifice that new television to give a little to the extremely poor? Or do I buy the latest one (even though I already own three good working televisions)? The answer is simple, spend less, save more, and give as much as I can to the less fortunate. Topic My definition of happiness 07:43 PM 10/3/2011 Happiness means a lot of different things to a lot of people in my time. Many people consider happiness ...
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...The following is a compiled list of all assignments to be completed in the case study. The specific details are found in each Section assignment. 1. a. Identify realistic long-term and short-term process and outcome goals. b. Ensure goals are related to business strategy and explain why each is important. 2. a. Develop a formal talent philosophy, HR strategy, and specific staffing strategy. b. Address each of the nine strategic staffing decisions. c. Explain each of your recommendations for the nine decisions. 3. a. Use stock, flow, and concentration statistics to determine if any evidence of discrimination exists. b. Recommend strategies to alleviate any discrimination you find. 4. a. Using O*Net and other sources of data, create a job requirements matrix. b. For each competency or KSAO, decide if it should be used to hire or plan to develop. c. Estimate how important each characteristic is relative to the others as well as the relative time spent on each job duty. d. Create a job rewards matrix. 5. a. Conduct a transition analysis. b. Summarize the internal labor market and highlight any trends or forecasted gaps. c. Based on the transition probability matrix, calculate how many new full-time sales associates should be hired externally. d. Calculate the number of applicants needed to acquire the number of new hires you forecasted. e. Use multiple sources of data to describe the current and future labor market for retail salespeople. If you forecast a gap, determine...
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...What factors do you think contributed to the level of success your team achieved? I believe our team achieved an 8/10 score for our level of success. Initially our team got off to a rocky start, our inability to pick a subject choice I believe inhibited and reduced our research time. However, once we started with some real direct communication and the team members (including myself) were able to contribute effectively, our opinions and ideas started to flow. Creating the google doc and having a structured matrix made communication and providing information easier. The content of our subject choice did change 2-3 times during this process, but I think that this enabled us to think as a team and work to everyone’s strengths. It was using the google drive and the document matrix where we were able to establish which team member would undertake what communication style sub-topic and which themes were most suitable to utilise across each sub-topic. Using the Wiki, emails and Google Docs made communication easier as 1 of our team members lives in a different country and time zone. We were able to bandy suggestions back and forth through these methods and the delay in time didn’t make much of an impact. With regards to the Prezi itself, Megan chose to design and manipulate the Prezi structure and layout. Being that Megan had, had previous experience with Prezi, the rest of the team were happy with this choice. In our team collaboration through Blackboard, we were able to see...
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...KENYATTA UNIVERSITY SCHOOL OF BUSINESS DEPARTMENT: MANAGEMENT SCIENCE DEPARTMENT UNIT CODE & NAME: BMS 840 –QUANTITATIVE TECHNIQUES WRITTEN BY: Ms. Gladys Kimutai and Mr. Paul Sang Copyright © Kenyatta University, 2014 All Rights Reserved Published By: KENYATTA UNIVERSITY PRESS i ii MODULE SUMMARY During the last two decades, there has been a dramatic change in the business environment. The trend towards complexity has increased the risk associated with business decisions, making it more important to have a sound information base. To do well in such an environment, one will need to understand how to identify quality information and recognize the solid, reliable research on which one‟s high-risk decisions as a manager can be based. One also needs to know how to analyze the research findings. The study of quantitative techniques provides one with the knowledge and skills needed to solve the problems and the challenges of a fast-paced decisionmaking environment. Managers make decisions on a day to day basis and it is necessary for them to be able to analyze the data so as to be able to make optimal decisions. This module has ten lesson which cover matrix algebra, markov analysis, Linear programming, differentiation, applications of differentiation to cost, revenue and profit functions, integral calculus, inventory models, sampling and estimation theory, hypothesis testing and chi-square tests. iii MODULE OBJECTIVES By the end of...
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...An Introduction to Matlab for Econometrics John C. Frain TEP Working Paper No. 0110 February 2010 Trinity Economics Papers Department of Economics Trinity College Dublin An Introduction to MATLAB for Econometrics John C. Frain. February 2010 ∗ Abstract This paper is an introduction to MATLAB for econometrics. It describes the MATLAB Desktop, contains a sample MATLAB session showing elementary MATLAB operations, gives details of data input/output, decision and loop structures, elementary plots, describes the LeSage econometrics toolbox and maximum likelihood using the LeSage toolbox. Various worked examples of the use of MATLAB in econometrics are also given. After reading this document the reader should be able to make better use of the MATLAB on-line help and manuals. Contents 1 Introduction 1.1 1.2 Preliminaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The MATLAB Desktop . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.2.1 1.2.2 1.2.3 1.2.4 1.2.5 1.2.6 1.2.7 1.2.8 1.2.9 ∗ Comments 4 4 6 6 7 8 8 9 9 9 The Command Window . . . . . . . . . . . . . . . . . . . . . . . . The Command History Window . . . . . . . . . . . . . . . . . . . The Start Button . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Edit Debug window . . . . . . . . . . . . . . . . . . . . . . . . The Figure Windows . . . . . . . . . . . . . . . . . . . . . . . . . . The Workspace Browser . . . . . . . . . . . . . . . . . . . . . . . . The...
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...Realities Two-Way Street Ignorance is bliss. This phrase, however comforting, is a provocative statement to the debilitating state of society and the human state of mind; the dual-edged comment is represented in both Plato’s Allegory of the Cave and the Wachoski brother’s The Matrix through universes, similar to our own, where people are in strong states of illusion and ignorance. Both have a character, which is brought to the “light” to realize this false reality and to liberate everyone else to a better reality, the “real” reality. Situations can arise where having knowledge of it can seem detrimental, however, our very existence as human beings is to live a life of bettering ourselves and the species in general through knowledge both good and bad, and the actions that take place from knowledge. People do actions and make decisions based on history from what he has done wrong or from what he has done correctly and on this basis it is a stepping stone that either good or bad having knowledge of the past, complete knowledge, helps to mold the future positively. Although blissful, avoiding reality will never be a positive action with even in modern days something such as Facebook has become our matrix keeping people away from the outside, not personally and physically interacting with others or now having games that are virtually realities allowing someone to be something else but does not benefit the world in any way. The lack of benefit world is where virtual reality does its...
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