...Role of Functions and Law Thomas E Summers II LAW/421 April 13, 2015 Gregory Henderson ROLE OF FUNCTIONS AND LAW The functions and role of law in business and society are very important to day to day living. The rules must abided by at all times. The functions between business and society are similar to a point but on a bigger scale they are very different. In business the law governs every aspect within the company. The government keeps the companies running afloat and keeps them working efficiently. They keep other companies from hurting each other and the customers. The laws that are watched over are businesses that run only on the internet, businesses overseas and small businesses here in America. Manufacturing is controlled, the shipping elements and employment is controlled as well as the circulation of goods and services. The law protects almost everything including people create patents, trademarks, and copyrights for businesses. There is another type of law in business which is called antitrust law. The antitrust law prevents companies to control and overtake other companies. The Federal Trade Commission, U.S. patent and trademark office have control and power over business law. In society law is everywhere. The law tells you whether you can come into America, get married, get divorced, adopt or have kids and buy or own pets. The laws in society were created to control every individual and allowing every individual to be in charge of one another...
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...Kaitlyn Feeler One question I have always pondered is how society shapes gender roles. I came to explore this question because I wanted to be a mechanic, until I saw the sexism that women have to endure in the auto mechanic industry. Therefore, I felt that being an orthodontist would be the best profession for me. I came to this decision by exploring how gender roles effect women, how media effects women, how women in the work forces are effected, and the specific sexism that comes with the auto mechanic industry. I began my research with an article by Rachel Francis. Rachel Francis wrote an article called “The Art of Being a Woman in a Male-Dominated Field.” Rachel states that “Surprisingly, the things that make my job challenging are not the lack of knowledge, an inability to learn, trouble working with others, poor communication skills or even downright laziness. The things that make my job a challenge are all the things I have absolutely no control over: my appearance, my age and my gender.” This quote truly shows how a women’s work ethic truly has nothing to do with how easy or hard it is to make it in a job, especially when it comes to working in a male-dominates industry. This is because women are taught to dress to please men, yet this distracts men. If a woman is too young they are viewed as unintelligent sex objects, which also distracts men. If a woman is too old then they are viewed as unattractive and not able to change with modern society. Then there is simply...
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...Competitive Strategies and Government Policies ECO/365 Principles of Microeconomics October 28, 2013 Feedback from Instructor (Published: Sat 11/02/2013 07:04 PM MST) Earned Points: 9.6/10 Comments: Week 5: Team Paper Assignment Grading Rubric =========================================================== CONTENT 70% Address the following topics: (1) New companies entering the market, mergers, and globalization, on pricing and the sustainability of profits: Identify the type of merger activity in your industry or one with which you are familiarhorizontal, vertical, or conglomerateand explain why you made that choice.: Content Grade / Comments: Good, meets expectations. Good amount of detail about auto industry globalization and competition. (2) Current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities Content Grade / Comments: Mostly good. You could have gone into more detail about the incentives created and the (unintended) consequences of regulations and how this impacts decisions made by the firm. (3) Global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in your chosen industry Content Grade / Comments: Good, but this section seems more hypothetical and less applied. You should have given more details related to banking, but overall good points. (4) Recommend how the industry you chose may respond...
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...Technology in Mechanics Nowadays, there has been a significant advancement of technology in mechanics. These advancement made it possible for human being to walk on Moon (kurianjoseph1, 2013). This feature, in turn had created a fact as the powerful of technology.Various technologies surrounding us are helping people to improve their life with more luxury. So the using of technology in mechanics impacts to us positively. There are one cause and two effects why the technology is using. Mechanics is the basis of early and modern technology. According to a study by (B.Cotterell & J.Kamminga, 1992), the advancement of technology in mechanics plays a fundamental role in the study of material culture. In simple term, mechanics can explain how artifacts operate technologically and how efficient or the effective they are. For example, a cooling system is a technology in a mechanics. In relation to this, (V.A.W.Hillier, 2004) stated that the function of cooling system is to remove heat from the mechanics’ engine for keeping their temperature within safe limits and avoid any problems. With the engine combustion reaching extremely high temperature, the heat needs to be dissipated. A cooling system is essential to prevent the engine from burning. Another function of the cooling system is to regulate the temperature inside the passenger compartment and ensure the passengers’ comfort. So, it can be seem that the use of technology in mechanics has become an...
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...segments to four wheeler segments is the growth driver of fuel demand • Brake oil and coolant oil are another large segment is expected to grow with introduction of new brake system and advanced gear technology and automatic transmission system (ATS) Lube market size in India • Fifth largest market in the world in terms of volume with 17000 • • • • • • Cr in 2009 Broadly divided into 3 major categories Automotive (67%),Industrial and Marine & Energy Applications (23%) Automotive is further classified into CI Engines (Diesel Engine) with 70% Market share and SI Engine (Lubes and petrol Engines) with 30% market share Industry is led by 4 major players with 70% market share i.e IOC, Castrol, HPCL & BPCL, remaining 30% is MNC and unorganised players Market share is further divided as 50% PSUs and 20% Castrol IOC has been the leader in terms of profitability with Servo Brand Recent times the scenario is changing and competition is on basis of brand identification with respect to performance rather pricing Consumer Behavior • Types of customer in Automotive lubricant market • Quality conscious • Price...
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...1. INTRODUCTION 1.1 Statement of Problem A study has been conducted in order to understand the Customers and Dealers opinion and satisfaction level of MAK LUBRICANTS In Mumbai, research titled “Potential Study on Lubes in the Bazaar Sector” and its role in building Brand Equity for the company” has been conducted. 1.2 Importance of the Study In this competitive arena Lubricants plays a vital role so the Lubricants Industries are a major source. MAK have to compete with various players like Veedol, Gastrol, Lal Ghoda, Shell, Gulf and the local brands with their stringent rules and regulations. Hence, in order to understand about the customers and dealer requirements their likes and dislikes preference is sine-quo-non-for MAK. 1.3 Objectives ➢ To ascertain the customers preferences of MAK Lubricants. ➢ To ascertain the customers satisfaction level for MAK services. ➢ To analyze the customers opinion and satisfaction with special reference to MAK ➢ To suggest some guidelines to MAK in order to provide better focussed services. ➢ To determine the status of brand awareness and brand loyalty in order to conclude about brand equity. ➢ To learn about the brand attributes and their preferences in MAK. 1.4 Scope of the Study: ➢ This project gives me great exposure to the Lubes market because...
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...Started over one hundred years ago in Germany and France the automotive industry has become a major source of industrial and economic stability worldwide. In this report we will describe how the auto industry is affected by new companies entering the market, mergers, and globalization, on pricing and the sustainability of profits. We will explore mergers and merger activity within the industry as well as current and expected government policies and regulations in place to address issues related to externalities. We will also take a look at the effects of global competition on the decisions made by management with regards to change in labor demand, supply, relations, unions, and rules and regulations in the auto industry. Considering the aforementioned topic on the auto industry’s competitive strategies and Government policies you will say that this report aims to explain how these two areas have impacted the auto industry and will affect it going forward. Globalization Increasing globalization in the automotive industry is changing the way of traditional partnerships. Ten years ago, it was questionable to pursue business in markets such as India and China because political and business conditions were not conducive to direct foreign investment (Emerging Markets, Emerging Opportunities , 2012).As a result, many automotive companies such as General Motors, Toyota, Honda and Ford viewed strategic partnerships as a way to dip their toes into the water and expand into different...
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...MODULE 1 ASSIGNMENT Note: Before you begin the assignment for Module 1, please click the Module 1 assignment link in the online course navigation pane for instructions on how to complete and submit your responses for marking. Part A: Multiple-choice questions Note: For multiple-choice questions, select the best answer. Answer each item by giving the number of your choice. Incorrect answers will be marked as zero. Please include your answers to the Part A multiple-choice questions with your answer to Part B. Question 1 (20 minutes) a. Fine Fertilizers Limited (FFL) produces a line of lawn fertilizers that are manufactured under controlled conditions to ensure the ingredients are stored carefully and mixed in the correct quantities. FFL has many competitors in the industry ranging from small private companies to large public companies. Recent news articles in the fertilizer industry have highlighted the need for a focus in environmental concerns. The CEO has decided that FFL should consider the implementation of an environmental scorecard. Which of the following is the best reason to use an environmental scorecard? 1. 2. 3. 4. The scorecard promotes good corporate citizenship. FFL can compare its scorecard rating to its competitors. It is an effective measure in a bonus plan to increase net profit. It enables FFL to measure its efficiency in producing fertilizer. b. In order to make the financial statements of Genex Inc. more appealing to investors and to inflate the management...
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...MODULE 1 ASSIGNMENT Note: Before you begin the assignment for Module 1, please click the Module 1 assignment link in the online course navigation pane for instructions on how to complete and submit your responses for marking. Part A: Multiple-choice questions Note: For multiple-choice questions, select the best answer. Answer each item by giving the number of your choice. Incorrect answers will be marked as zero. Please include your answers to the Part A multiple-choice questions with your answer to Part B. Question 1 (20 minutes) a. Fine Fertilizers Limited (FFL) produces a line of lawn fertilizers that are manufactured under controlled conditions to ensure the ingredients are stored carefully and mixed in the correct quantities. FFL has many competitors in the industry ranging from small private companies to large public companies. Recent news articles in the fertilizer industry have highlighted the need for a focus in environmental concerns. The CEO has decided that FFL should consider the implementation of an environmental scorecard. Which of the following is the best reason to use an environmental scorecard? 1. 2. 3. 4. The scorecard promotes good corporate citizenship. FFL can compare its scorecard rating to its competitors. It is an effective measure in a bonus plan to increase net profit. It enables FFL to measure its efficiency in producing fertilizer. b. In order to make the financial statements of Genex Inc. more appealing to investors...
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...the opportunity to expand my knowledge gain additional skills and experience. I’m a quick learner able to adapt and integrate effectively with people, situations and work environments. I have the ability to handle high level of workloads submitted strict deadlines; excellent communication, leadership, problem solving, organizational and interpersonal skills. I’m an innovative person, flexible I work well in team environment but also self-motivated and capable of working independently. I believe my positive attitude and dedication will be an asset to your company, If given the opportunity I’ll show how I am able to work productive in all environments while pushing myself to achieve my best Skills * Mechanical aptitude and interest mechanics, mechanically minded * Able to work under pressure thrive in a busy environment * Ability to follow complex instructions, procedures and specification * Detail orientated, Outstanding attention to detail in fast paced environment * Ability to use initiative * Ability to use common sense and work through problems * Knowledge and experienced in working clean room with hazards substances * I work well in team environment but also self-motivated and capable of working independently and responsibly * Extensive experience in assembly and soldering. * Demonstrates analytical thinking and problem-solving skills necessary to troubleshoot production issues. * Demonstrates ability to use power tools...
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...particular time for the benefit of the employer that does not involve the employee’s personal business (Halbert & Ingulli,2010). An employee’s scope of employment typically becomes important when someone wants to hold an employer liable for the actions of an employee or accident on the job. 2. Explain whether or not Herman is responsible for Jake’s injury. In the video, Jake job title is an auto mechanic in Herman’s automobile dealership. When Herman gave the free oil changes to entice buyers to the car lot, Jake was also given the task of performing the oil changes. Being the manager of the automotive department, it is within his scope of employment to perform the oil changes. But, Jake was performing more than just the basic oil changes. He felt responsible to do more detailed inspection (ex. checking the tires, brakes, and transmissions). These duties too are within the scope of employment. This is because Jake was performing tasks related with his job in good faith with the effort to benefit the employer and provide the duty of loyalty and care he owes his customers as a certified mechanic. 3. Explain whether or not Jake should be paid overtime. Jake should not be paid overtime because Jake was considered exempt employee. Jake can only get paid for overtime is if he can prove he was doing the job of another worker because the team was short staffed (Halbert & Ingulli,2010). If Jake is taking on the duties of another person’s work he is entitled to overtime pay. Exempt employees...
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...So, Mechanical engineering was a direct consequence of my convictions. Subjects like Manufacturing Process, CAD/CAM, Fluid Mechanics & Machine Tool Engineering, Machine Design, Operation Management, Kinematics & Dynamics of Machines, Automotive Engineering, Applied Thermodynamics, Control Systems Engineering etc. explore to me limitless horizons in the field of Mechanical Engineer ing. My undergraduate study is a richly rewarding experience, during which I have participated in various Industrial training programs. The pursuit for knowledge has been the supreme goal in my life. We are in an era of global and technological changes where boundaries are fast disappearing and the greatest challenge tomorrow holds for us is to manage continuity of change. To satiate my raging thirst for learning and to fulfill my ambitions I have decided to pursue a master’s program in Mechanical Engineering. I would like to get involved in research work in the areas like Automation or Manufacturing processes, Heat& Mass Transfer, Mechanics of machine. Although there is a vast scope for research in these areas, the scope for research in Pakistan is limited. The need...
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...Functions of Management MGT/330 Functions of Management In 1916 a book entitled "Administration Industrielle et Generale" was published that set forth five management functions. The author was a French coal mine director named Henri Fayol. Fayol insisted these five distinct functions of managing were applicable in any industry. In the 1950’s, management textbooks of the time began to write some of his ideas into their content. Today's textbooks have condensed them to four: planning, organizing, leading and controlling. Staffing was originally included as the fifth step (Norman, 2014). The first function is planning, which will determine the direction a company is going to go in. In the world of business there are many adverse factors that can influence these management functions. Future goals, the steps to achieve these goals, future business and economic conditions, the allocation of resources and reducing waste are all factors to be considered during the planning stage. During the planning stage, managers must formulate objectives to be reached by certain company deadlines and decide on which steps will best get them there. Managers must also re-evaluate their plans under changing conditions and make adjustments when necessary. Next would be the organizing function, where it is important that managers identify activities to be accomplished. By bringing together physical, human and financial resources, managers are able to achieve the company’s objectives...
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...Employer’s Duty of Care Course Title: Law, Ethics, and Corporate Governance – LEG 500 November 9, 2011 Q1: Explain whether Jake’s actions are in or out of “his scope of employment”. Jake’s actions to fully inspect vehicles were in his scope of employment, even though the main service requested was for an oil change. It is the responsibility of a certified mechanic to ensure a car is inspected for any major damages and preventative care maintenance. Just like when an individual goes to the doctor for a particular problem or illness. The nurses and doctors still perform the normal routine by checking an individual’s blood pressure, temperature, pulse count, heart beat, weight and height to confirm the basics are functioning properly and not contributing to the issue for which you are visiting the office and provide preventative care. The same concept can be applied to a routine oil change service and the need to check other basic functionality and mechanics of car to prevent any future major issues. Bureau Labor Statics, U.S. Department of Labor (2010) states the following: During routine service inspections, technicians test and lubricate engines and other major components. Sometimes, technicians repair or replace worn parts before they cause breakdowns or damage to vehicle. Technicians usually follow a checklist to ensure that they examine every critical part. Belts, hoses, plugs, brakes, fuel system and other potentially ...
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...Fake Name Fake Class English 101 No Date Automobiles The first gas powered automobile was created by a man named Carl Benz. It was a one-cylinder two-stroke gas powered engine which ran for the first time on New Year’s Eve 1879. Compared to a steam engine vehicle, which was very uncomfortable for it’s passengers, this was very successful. Benz had so much commercial success with this engine that he was able to devote more time to his dream of creating a lightweight car powered by a gasoline engine, in which the chassis and engine formed a single unit. This was just the start of one of the greatest inventions of the 19th century. The automobile ended up being one of the most influential inventions of it’s time. One of the most common names you hear when researching the automobile is the name Henry Ford. He was an American that dominated the industry in the first half of the twentieth century. Henry Ford innovated mass-production techniques that became standard, with Ford, General Motors and Chrysler emerging as the “Big Three” auto companies by the 1920s. The original price of a Model T automobile was $850. Due to the application of the assembly line and interchangeable parts, cars were easier and cheaper to make. Within a few short years the price of a car was less than $300. The Model T sold 15 million units in the United States. This is what made personal automobility a reality. The production of automobiles made much more than just the units themselves. It was able...
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