...USA V. VISA U.S.A. INC., VISA INTERNATIONAL CORP., AND MASTERCARD INTERNATIONAL INCORPORATED In 1998 USA filed a complaint against Visa and MasterCard re their dual governance and exclusionary rules of combinations and conspiracy in restraint of trade. (DOJ, 1998) Essay Plan My motivation for choosing the abovementioned case comes from my interest in the financial services market, its regulations and their implications on consumers. This case is attention-grabbing, not solely due to the remedy, but also due to the implications it has on domestic and international markets. It also gives the opportunity to analyse the controversy of vertical exclusionary restraints (Whinston, 2006). When analysing the Visa-MasterCard case, there are two main ‘economic-schools-of-thought’ to be considered. Chicago School(CS) dismisses vertical exclusionary contracts as an anti-competitive tool. While, Post-Chicago School(PCS) offers an opposing explanation by suggesting different models to rationalise anti-competitive behaviour using vertical restrictions. Both schools build their models under the assumption of first-mover advantage and the monopoly power of an incumbent firm. (Motta, 2004) Using the CS in this case, we could assume that Visa and MasterCard are the combined incumbent on the market, due to their cooperative actions. The banks are the buyers and AmericanExpress is the potential new entrant. It could be assumed that AmericanExpress is a new entrant for the market of issuing...
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...doubled in the first 6 months does not mean that someone gets a bonus or is put on probation. There is not enough information given in this question to warrant such action. This type of action is jumping to conclusions and assuming without the evidence to substantiate such an action. What would warrant such action of probation would be if this has happened before, and the correct training has been provided, inefficiencies have been documented, and the employee(s) have been counseled verbally and written counsel has been documented. What this does mean is that there is a challenging issue and the root cause of this issue needs to be found. An investigation is in order to figure out and understand what is causing the accounts receivable to double. This also raises the question as to why it has taken six months to figure out that there is an issue. Since accounts receivable is made up of what monies are owed to the organization from such examples like the patients copayments or payments for service, insurance companies or third party payers, part of the investigation should include what is outstanding or what kind of credit has been given to raise the amount of outstanding days for the accounts receivable. Also before the investigation is closed and hopefully the root cause of this issue is found, policies and procedures may need to be revisited since it is evident that what is in place is either not working or not being...
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...accounting and its use within a business organization. As I’ve stated in a few of my posts during the week, before this course I was clueless to the world of accounting. I’ve had my assumptions, all of which are being proven to be wrong. My first assumption is that accountants were all nerds and that it was boring. Which either means I’m a nerd or this is actually an interesting and informative class; I believe it’s the latter. The required readings for the week were chapters one and three, which help lay the groundwork for the rest of the class. I scoured the Internet and found that accounting is everywhere and has been for quite some time. For hundreds of years accounting has been around and used daily. The Venetians started using the double booking method in the 15th century. They used it with the ships and merchants in their harbors in order to keep track of all that was going on. Like I stated in my post, I like history. When I understand the history of something and how it got started, I tend to comprehend the class work more. I also used YouTube, which again has proven its’ value. The accounting videos were slightly on the dry side, but I stuck it out. I also tend to learn more from a video than I do in a text. I find it to be more interactive thus keeping my attention for longer spans. Thank you for reading and I hope you enjoyed this as much as I...
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...enjoy is coupons that are fifty cents or lower are doubled every day. It is interesting that it is more important for Kroger to save money by eliminating this courtesy to the customers. Publix also accepts Kroger coupons; whereas, Kroger does not accept Publix coupons. Kroger intends on lowering the prices on items in the store versus doubling coupons. This policy could be viewed as positive or negative. If lowering prices is reducing prices by five or ten cents, customers may be highly upset and begin to shop elsewhere. The change of policy for Publix has positive intent, but Kroger’s policy can be viewed negative or positive based on the customer’s beliefs. References: Prosser, F. (2013). Kroger coupon policy change: say goodbye to double coupons in NC. Retrieved July 13, 2013 from: http://www.wral.com/kroger-coupon-policy-change-will-be-announced-on-saturday/12383523/ SunSentinel. (2011). List of Competitor coupons accepted at Publix on Monday. Retrieved...
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...Executive Summary OuterBay is a company that has developed a strong brand name in the Information Technology industry by offering robust platforms and high quality services. The basic purpose of the company is to provide the customers with one stop solution for all the data and other integral information. In spite of being a competitive and successful company, however, the sales decreased and the company has been unable to recruit talented and qualified individuals. Therefore, in order to overcome this issue, the company is considering improving the training process at the company, where the management is considering hiring experienced individuals. Along with this, the company is also considering developing a sales team that can achieve the long term strategic objectives by actually capitalizing the strong customer base of the company. Problem Statement The major problem that has been identified in the case is the fact that the company has been unable to recover the excessive cost which has been incurred because of lack of sales by the sales team which has increased the typical sales cycle. To overcome the issue, the company is finding a solution where sales can be increased for the company. Critical Success Factors and Key Performance Indicators The major critical success factors of OuterBay has been its differentiated product offerings, strong customer reference, regulatory compliance, financial stability, concept strategy and the access to diverse data. Along with this...
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...Training is required in the life of the general population of God. Genuine instruction implies more than an arrangement forever that is currently. It needs to with the entire being and with the entire time of presence conceivable to man. It is the concordant improvement of the physical, mental, and otherworldly powers. The world has numerous extraordinary instructor however God stands higher than them which is the genuine source of information. The sacred writings are impeccable standard of truth and ought to be given the most elevated spot in instruction. He who longing to achieve God's optimal will exhibits training as high as the paradise and as expansive as the universe, an instruction that can't be finished in this life however will proceed for the life to come. In Eden, actually coordinated the training of His youngsters. Frequently they were gone by His delegates, the blessed holy messengers, and from them got insight and direction. The Greenhouse of Eden was a representation of what God craved the entire earth to end up, and it was His motivation that, as the human family expanded in numbers, they ought to build up different homes and schools like the one He had given. The book likewise discussed how the human's first folks fell into sin by their energy of decision – the ability to yield or to withhold compliance. There was a tree of learning of good and malevolence. While God was looking for man's great, satan was looking for his ruin. Whenever Eve, dismissing the Ruler...
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...outside of Hong Kong and Unicon will lose its competitive advantage. The problem is not how to convince the HKHA to buy precast products, the problem is how does Unicon meet the huge demand and still remain competitive. The solution is expansion, and this is how I plan to do it. • Add a second shift to the current day shift, doubling our current capacity • Move to a lean manufacturing process and away from our current batch processing method. An analysis of the times involved for each step should be completed in order to determine the full impact, but estimate production of slabs and facades could double capacity further. • Re-allocate plant space to solely produce slabs and facades and subcontract the manufacture of stairs and partition walls to an outside supplier. This doubles capacity as well, and finally • Build an additional 5000 square meter plant expansion, in order to double capacity again. Plant will be up to full capacity by August 1998. With these changes capacity will go from seven blocks to fifty-six block capacity at a minimum, and with experience and continuous improvement, Unicon will remain HKHA’s main supplier of slabs and facades for...
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...($154 x 2) = $ 308 4 Salt Lake City, UT ($280 x 4) = 1120 4 Denver, CO ($254 x 4) = 980 6 Sacramento, CA (183 x 6) = 1098 Total = $3506 --(https://www.united.com/web/en-US/default.aspx?root=1) • Mileage Allowance – 2 local managers will be driving to event and will be compensated $0.57/per mile (60miles) $0.57 x 60 = $ 34.20 $68.40 x 2 = Total = $ 68.40 -- (http://www.irs.gov/uac/Newsroom/New-Standard-Mileage-Rates-Now-Available;-Business-Rate-to-Rise-in-2015) Accommodations • Hotel Rooms – 2 Trainers and 16 attendees traveling from out-of-town will be staying on site; One(1) night at the Double Tree Hotel & Conference Center (2 persons per room). Managers: ($205/per x 8 rooms) = $1640 Trainers: ($205/per x 1 room) = 205 Total = $1845 -- (http://doubletree3.hilton.com/en/hotels/california/doubletree-by-hilton-hotel-san-diego-mission-valley-SDGO-DT/index.html) • Conference Room – 2 days/ 10hr per day including tables, chairs, podium, & audio/video equipment 2 Days =...
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...1. C.K. Prahalad and Kenneth Lieberthal (2003) The End of Corporate Imperialism [Internet] Available from: http://hbr.org/2003/08/the-end-of-corporate-imperialism/ar/1 [Accessed 13th April 2013] 2. Huanqiu.com (2013) 苹果在多国遭受处罚 “企业帝国主义”心态遭批 (Apple is punished in many countries “Corporate Imperialism” is criticized ) [Internet] Available from: http://finance.huanqiu.com/industry/2013-04/3784134.html [Accessed 13th April 2013] 3. Lei Yi (2012) “Double Standard” or Common Sense? [Internet] Available from: http://www.eeo.com.cn/ens/2012/1126/236584.shtml [Accessed 13th April 2013] 4. The Economic Observer (2012) Nike Fined 4.87 Million Yuan for Double Standards [Internet] Available from: http://www.eeo.com.cn/ens/2012/1025/235094.shtml [Accessed 13th April 2013] 5. Klag. E (2013) Pfizer’s Illegal Testing on Nigerian Children Scandal (1996) [Internet] Available from: http://businessethicscases.blogspot.fr/2013/02/nigeria-pfizer-scandal-1996.html [Accessed 13th April 2013] 6. Humphries. M (2012) Apple increases product warranty to 2 years across Europe [Internet] Available from: http://www.geek.com/apple/apple-increases-product-warranty-to-2-years-across-europe-1479847/ [Accessed 13th April 2013] 7. Haslam. K (2012) EU law forces Apple to highlight two-year warranty [Internet] Available from: http://www.macworld.co.uk/mac/news/?newsid=3348755 [Accessed 13th April 2013] 8. People’s Daily (2000) Toshiba No-compensation...
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...Unit 3-1 HW 1. public static String decimalToHex(int decimal) { String hex = “ “; while (decimal != 0) { int hexValue = decimal % 16; hex = toHexChar(hexValue) + hex; decimal = decimal / 16; } return hex; } 2. The Math.random creates a random number with the double data type. 3. public static void main(String[] args) { System.out.println(max(1,2)); } public static double max(int num1, double num2) { if (num1 > num2) return num1; else return num2; } public static double max(double num1, int num2) { if (num1 > num2) return num1; else return num2; } 4. It is a way of writing code; you either start at the top and work your way down or begin at the outcome and work in reverse. 5. Simpler program, reusing methods, better facilitating teamwork, easier developing, debugging, and testing. 6. Method Variable 7. for (int i = 0; i >= 0; i--) { JOptionPane.showMessageDialog(null, i); } 8. Array is fixed while ArrayList can change its size to what is needed. 9. package com.java2novice.algos; public class MyInsertionSort { public static void main(String[] args) { int[] input = { 4, 2, 9, 6, 23, 12, 34, 0, 1 }; insertionSort(input); } private static void printNumbers(int[] input) { for (int i = 0; i < input.length; i++) { System.out.print(input[i] + ", "); } System.out.println("\n"); } public static void insertionSort(int array[]) { int n = array.length; for (int j = 1; j <...
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... In the argument Norcross wrote about two different but similar stories to prove his point. In the first story a man was in an accident that had damaged his godiva gland, which means his body can no longer produce the hormone cocoamone and he can no longer taste chocolate. Knowing that humans do not produce cocoamone he finds out that puppies do when they are under intense stress and severe trauma. This man loves chocolate so much he abuses puppies to death so he can taste chocolate again. In the argument it’s clear that this mans life is not on the line if he cannot taste chocolate. He just wants to enjoy the taste of chocolate and he doesn’t seem to care that puppies are suffering for his pleasure. In the second story Norcross addresses factory raised meat that people purchase. Animals that are raised on a factory farm live in highly stressed, abusive, and cramped areas. He makes a clear point to people who would make the excuse of there one purchase making an affect. He proves to them that one out of ten thousand can safe 25 chickens lives. He clarifies that one person can start to make a difference. Norcross states in both of these situations people do not need these to survive. If they were to stop eating chocolate or factory raised meat their health would probably be better off. Machans argument is over wether or not animals should have rights or liberation. Machan talks about the morality of natural rights and the utilitarian for animals. He states...
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...This is a short story, by Rudyard Kipling, about a man and his fight against the administration. The author deals with the topic in an ironic manner. We will try and show the irony in the short story, and find out why the author chose to tell us this story using that particular literary device. Irony is connected to double meaning: the narrator states something while actually meaning something else, which the reader has to figure out*. In “The Pit that They Digged”, irony is found in several instances, and has several functions. The first few paragraphs show examples of situational irony. The main character, Hawkins Mumrath, is seen as about to die (‘lay down to die’), but actually does not (‘he rallied’), thus going against the expected (his friends and acquaintances ‘gave him up for lost’). This return to a state of good health does not bring a feeling of relief or happiness, on the contrary (he gets back to work ‘to the disgust of his juniors who had hoped promotion’). The situation turns into an administrative nightmare as well: the man is not dead, yet the Government makes arrangements for a grave to be dug for him, causing a zealous employee, Ahutosh Lal Deb, to try and get back the money spent on the grave. The situation is thus absurd: a man, quite alive, is asked to pay for his own grave. He writes letters (a sure sign of life) to put the situation to rights, but the administration is unwilling to see his point of view. The administration is presented as a caring entity...
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...DOUBLE JEOPARDY A review of the Law Lovetta Smith CJUS 220 Professor Jeff Sexton October 13, 2013 INTRODUCTION This essay will provide detailed information on the Fifth Amendment which is very important in the United States. It will explain and give understanding of the importance of the Double Jeopardy Amendment and how it is used in the system of Law. Also it will discuss case in which involved the Fifth Amendment and how it was used to protect the citizens of several cases and how the people were protected with the Fifth Amendment rule inside the system of law. Double jeopardy is a procedural defense that forbids a defendant from being tried again on the same charges following a legitimate acquittal or conviction. In most countries with the common law rule most criminals are allowed to enter a plea of not guilty or autrefois acquit, which is a French law meaning a person has been found not guilty of the same charge in a previous trial with the same evidence and cannot be retried for the same crime regardless of what new evidence that has surfaced. Double Jeopardy is a procedural defense that protects a person from being tried again for the same crime. Double Jeopardy is the oldest legal concept of western civilizations. Double jeopardy is the prosecution of a person for an offense for which he or she has already been prosecuted. The double jeopardy clause, which is in the Fifth Amendment of the United States Constitution, was designed to protect an individual...
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...Dealing with a defiant child can be tricky. Every person, especially children, learn differently. Because of this, every child does not necessarily react the same way to certain “punishments” as other children. I have run a daycare out of my home for several years. While some children can be easily redirected to doing a different task, other children needed to be placed in “time out” in order for them to calm down. I have two children. A 12 year old daughter who is in honors class and a 5 year old autistic daughter. While my 12 year old daughter was always very mellow, I could correct her behavior by simply redirecting her or talking with her about her actions. If it became severe enough for punishment, it would seem to shatter her world. She would be devastated. My 5 year old, however, is a different story. She does not grasp the concept of discussing what it is she is having a difficult time with, and redirection only frustrates her. The only real way to get through to her is for her to see real consequences to her actions (ie: taking away toys and/or privileges, seeing that her actions have hurt her friends, etc.). Because she has a behavior disability, it can be quite challenging when dealing with her defiance. I feel both redirection and punishment are excellent ways to help in dealing with a defiant child. Depending on the child’s personality, one method may work while the other will not even faze them. It is up to us, as adults, to decipher the children’s learning...
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...Imagine by John Lennon Joel F. Doan Martin Davis ENG-242 Tuesday, March 27, 2012 I have read and understand the plagiarism policy as outlined in the syllabus and the sections in the Student Catalog relating to the IWU Honesty/Cheating Policy. By affixing this statement to the title page of my paper, I certify that I have not cheated or plagiarized in the process of completing this assignment. If it is found that cheating and/or plagiarism did take place in the writing of this paper, I understand the possible consequences of the act/s, which could include expulsion from Indiana Wesleyan University. Imagine by John Lennon It was difficult for me to write about John Lennon's song, Imagine, and not about John himself, the Beatles, Liverpool, Yoko Ono, New York, his assassination, or anything else. This song, as conceived and as first recorded, is deceptively simple. It consists of a short intro on piano, two verses, a chorus, a third verse, and a repeat of the chorus, followed by a brief 'play out' which is more or less a recap of the intro, turned to close on the tonic chord. But the song has inner strength. The simplicity is indeed deceptive. There are subtleties in the structure and execution. Also, the lyric, though superficially platitudinous, never oversteps itself, and is in fact genuinely challenging to the open mind. Imagine is in the key of C Major, the simplest key in western music. The four bar intro is alternate bars of C (the tonic) and F (the subdominant)...
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