...Nick Shepard 2/10/2014 Individual Assignment #1 Summary The United States of America’s economy has found itself on the tail end of a recession that supposedly ended four years ago according to some economists (MSN). Though America may be out of the recent recession, there are many factors in the United States economy that powers its members into believing that the recession is still clouding the air. A significant example of such an influential aspect of the economy is the manufacturing sector of America. Living through the unpleasant time of the recession, America saw a nearly doubled unemployment rate from 2008 to 2010. Figure 1 (Floating Path) shows a timeline of the most recent recession in U.S. history with unemployment moving from 8% to about 16% in a one and a half year timespan. As of a few years ago, the jobs lost in the recession had not come back until recently where the current unemployment rate is about 14%. Figure 1 Companies have increasingly continued to outsource most of their work to countries all over the world. China is a large provider of goods that have been outsourced from the United States because of lower wages paid to their workers resulting in a much cheaper production. The production companies have not been able to keep up with the efficiency of production companies overseas in China for many years which has resulted in the struggling manufacturing sector of the United States. Not only is China taking jobs away from Americans in the...
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...Week 1 Individual Assignment Law 421 Week 1 Individual Assignment Law plays a vital role in the success and functionality of businesses and society. The word law is defined as “the binding rules of conduct meant to enforce justice and prescribe duty or obligation, and derived largely from custom or formal enactment by a ruler or legislature” (“Law”, n.d.). Laws are put in place to help regulate and to provide a certain set of structure. The central function and role of the law in business and society is to guarantee that there will be peace and freedom within a specified context. It must be clearly stated within the bylaws of a certain company rules and regulations or by the courts of a state. The law accomplishes these throughout the formation of course of action and guidelines for various monetary relationships and connections. There are two systems in law in which a crime can be placed under and they are either civil or criminal. The two systems both play an important role in the way a crime is catergorized. “Small businesses must comply with the same rules and regulations that apply to large companies and thus need someone with legal expertise from time to time” (Hamel, n.d.). When it comes to the laws of business, there are a set of guidelines that lets citizens and its workers know what they can and cannot do in that particular place of business. In my line of business as a foreclosure specialist, we have to follow a specific set of rules that are stated in our Code...
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...Week 1 Individual Assignment ECO/365 Week 1 Individual Assignment The article that I have read for this week’s assignment was called “Why has US Oil Consumption Steadily Fallen Since 2004” The author, Gail Tverberg; suggest several reasons for the decline in gasoline sales since 2004. The author explains that she used the year 2004 as a baseline because it is the year that America could visually see the significant increases in gas and oil prices. One of the factors the author mentions is improvements in mileage and fuel efficiency on new vehicles manufactured. Another factor decreased usage because of fewer miles traveled for personal and business uses. The author suggests that the biggest reason for the decline in gas use is due to the lack of production for “Other” gas/oil products due to manufacturing material changes, and the overall decline of manufacturing in the United States. (Tverberg, 2013) The author state that between 2004 and 2012 gasoline consumption is down about 347,000 barrels a day. The author further state that of the 347,000 barrels per day 43,000 of those barrels are due to more efficiency in gas mileage on newly produced vehicles (Tverberg, 2013). Included in this figure are hybrid vehicles that use a combination alternative fuel and gasoline. The author goes on to state that outside of improved gas efficiency the majority of the decline in gas/oil usage comes from shrinkage in industrial activity. This has caused a reduction in miles traveled...
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...1. The willingness to pay is the value that the consumer puts on the good. Every person puts a different value on everything from material things to natural resources. Having money and being able to pay for goods plays a big part in a person willingness to pay. Willingness to pay relates to demand in the way that there is a market curve for the goods that an individual is willing to pay for the goods. First you start with a high price on the good and see how many buyers will be willing to pay for that good at that price. Then you lower the price and see what happens with the consumers. Doing this you can follow the trends and see what price a good is at when a consumer’s willingness to pay is at its peak. Every consumer has a different demand curve and it depends on their wealth and what they can afford to see their willingness to pay. (Field and Field 2009) 2. There are many things to consider when it comes to the cost of manufacturing a product. To determine to cost of manufacturing you need to know the costs required for the business, in production, the cost of selling a product to determine the price and when the product is sold, was there a profit or loss. The cost of manufacturing a good include the costs of materials, equipment, labor, materials for packaging, electricity and water, transportation, promotion and advertising, management and coordination and depreciation of fixed assets. (FAO) Things to consider when producing a plastic product would be what the plastic...
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...Individual Assignment – Week One Shanita Evans BIS/220 – Introduction to Computer Application & Systems March 6, 2012 Dr. Xuan Yu Technology has gone from the days of the pony express to advancing at a rate of a mile a minute to now evolving to what seems like the speed of light or faster. With such a fast paced environment of change in technology, policies and laws must adapt to be compatible to those advancements in order to provide the best method to govern the laws and policies and protect its people. This paper will explore how technological advancements have influenced crucial changes in two essential policies: the Electronic Communications Privacy Act (ECPA) and the Electronic Funds Transfer Act (EFTA). The Electronic Communications Privacy Act, an extension of the Federal Wiretap Statute, was endorsed in 1986 (Justice Information Sharing, 2010). This was a necessary implementation with how technology was diversifying ways to communicate and share information. In order to oversee and safeguard technological advancements such as email, cordless and cell phone communications, and electronically stored data the federal government had to amend and sometimes put into operation new policies. These policies, like the Electronic Communications Privacy Act, minimize many ethical issues that came along with the development of these advancements. As technology experimented with ideals such as wireless connection, it gave way to many unethical and at times illegal practices...
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...MKT421 WEEK 1 Individual - Defining Marketing Paper Write a 700- to 1,050-word paper in which you define marketing. • Include your personal definition of marketing and definitions from two different sources. • Explain the importance of marketing in organizational success, based on these definitions. • Provide at least three examples from the business world to support your explanation. Properly cite sources used in the paper. Format your paper consistent with APA guidelines. Defining Marketing Paper University of Phoenix Marketing Defining Marketing When individuals are asked to define marketing, chances are that, most of their responses, will be different. Creativity can be liable for the broad spectrum of answers one would get. This paper will cover various aspects of marketing including a personal definition of marketing and definitions from two different sources, an explanation of the importance of marketing in organizational success, and three examples from the business world to support such explanation. Definitions My interpretation of marketing is the way a business decides to promote their brand, the strategy that they use to reach out to their customers and intended end users. Although creativity plays a large role in marketing, research is also a key factor; if a company does not know its market, then its marketing will be unsuccessful. According to Kotler and Keller marketing is defined as “the activity, set of institutions...
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...IA#1 Cybercrime Law, Regulation, Effects on Innovation John Doe CSEC 620 Section 9022 Note: This paper was submitted through originality check websites. Table of Contents 1. Introduction 3 2. Private Industry & Regulations 4 3. National Security Concerns 4 4. Methods 6 5. Impacts of Government Regulation 7 6. Compliance 8 7. Responsibility 9 8. The Real World 10 9. Conclusion 11 References 12 1. Introduction Cybersecurity and cybersecurity initiatives are commonplace in all aspects of our digital lives. Personal computers are still widely used, especially in the workplace, but mobile devices seem to be the preferred computing choice of the average person. This would include but not be limited to; smart phones, tablets, and laptops to name a few. Mobile devices have changed the digital landscape in a manner that could not have been predicted. This is because other than work or school related activities, most personal computers were used to play a few games, check email, and browse the internet. These activities eventually transitioned over to the aforementioned mobile devices. Now we mix in social media, and a whole new digital cyber-world has emerged. Talk about getting your head out of the clouds. We live in the cloud, literally and figuratively. What does this mean to the average consumer? Perhaps not much. Most people who operate in the digital world could probably care less about the underpinnings of cyberspace and...
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...Group 1 Question 1-EXECUTIVE SUMMARY This report provides information about the Employment Equity Act and the Ontario Human Rights Code, specifically with regard to how these pieces of legislation impact the recruitment and selection of employees. The report will also include recommendations and the penalties for non-compliance. Ontario Human Rights Code The Ontario Human Rights Code (OHRC) is a provincial law that Wilson Brothers needs to be aware of. This legislation protects people from discrimination and harassment in the workplace. Quoting from the OHRC website, the code states that: “Every person has a right to equal treatment with respect to employment without discrimination because of race, ancestry, place of origin, colour, ethnic origin, citizenship, creed, sex, sexual orientation, gender identity, gender expression, age, record of offences, marital status, family status or disability.” “The right to equal treatment with respect to employment covers every aspect of the workplace environment and employment relationship, including job applications, recruitment, training, transfers, promotions, apprenticeship terms, dismissal and layoffs. It also covers rate of pay, overtime, hours of work, holidays, benefits, shift work, discipline and performance evaluations.” (Ontario Human Rights Commission) Employment Equity Act The Employment Equity Act helps ensure that all Canadians have the same access to the labour market and may not...
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...Luvs cafe is a small coffee shop located in Crows Nest and is owned by my aunt. I decided to do a cafe, particularly my aunt's because not only I love it, but that it needs more recognition. I also thought if i did this, it would be easier for me to collect information since i could ask my aunt. I chose to do this business because I wanted to write a report on something that many people wouldn't know since it is not a huge cafe which is very popular. Other reasons that lead me to chose this business was due to it being one of my favourite places to hang out. For this assessment, I wanted to do something that I'd like and would also not be as hard. Overall, Luvs cafe is perfect for this because not only being my favourite cafe, it is also owed my aunt which is an advantage being I can use her to give me information since this cafe doesn't have a website excluding social medias. This business was discovered in 2015 and was officially opened in 2016. Luvs cafe was bought at an auction and was shortly later renovated to the style my aunt was looking for. This business is pretty new to the community. This 'short-time existing business' has not been able to experience much since it is new to the community. I was told that this business was opened due to the death of my aunts loved one. Luvs cafe is popular within the area when it comes to breakfast menus. This small business has breakfast and lunch menus, yet breakfast is one of the most popular menus. The breakfast menu varies...
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...of Phoenix Dale Mueller Managed care is the process of reducing health care costs while improving the quality of care. This is relevant to the changes in health care because it allows consumers and employers to have an alternative to traditional health care insurance that is less costly, while still maintaining a higher level of care than that which is found in traditional health care insurance. This relates to the changes in health care because it reduces the costs and allows more individuals to be able to afford health care without suffering a reduction in the quality of care that they receive. Furthermore, it allows businesses that may not previously been able to afford health care for their employees more options to facilitate coverage. For example, a small sized business may have a difficult time affording traditional health coverage for their employees, now has the ability to provide health care to their employees at a fractional based cost system. Furthermore, an individual who is paying their own health care costs independently can benefit from the efficiencies of managed care by controlling cost without sacrificing quality of care. The health care system underwent a drastic change in the 1990’s that saw traditional health care systems transition in to more managed care settings. This has impacted health care significantly because traditionally the four basic health delivery systems were fragmented, whereas, now, they are more integrated in the managed care...
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...Business Structures FIN/571 Corporate Finance May 12, 2014 Business Structures Business structures are used depending on the type of business that is being formed. According to the Small Business Administration, there are six types of business structures that are based on the needs of the business that if being formed. The six types of business structures are Sole Proprietorship, Partnership, Cooperative, Limited Liability Company (LLC), S Corporation, and Corporation. Each business structure offers both positive and negative aspects that must be weighed by the business owner to find the best fit. A sole proprietorship offers the easiest form of business structure. There is only one owner that is entitled to all profits made by the organization. On the down side, there is little distinction between the business and the owner. The owner of a sole proprietorship may receive all profits from the business but is also personally responsible for all debts that go along with the company. Partnerships offer business owners a way to split the liability that goes along with owning and operating a business. However, a negative aspect of this would be the requirement to share a predetermined percentage of the profits that are made by the business. There is also the chance of having disagreements when it comes to business decisions because there are multiple parties involved in the organization. Cooperatives are formed based on the needs of the business members. Profits are distributed...
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...University of Phoenix Material Information Technology Milestones Worksheet Complete the chart below. Include a minimum of 10 information technology milestones or events that impacted human services. |Year |Milestone or Event |Impact on Human Services | |1970 |Aber Alert |Provides an online integrated national database for missing children | | | |Initiates a widespread alert when a child goes missing | |1996 |Decsion Support System |Integrate every aspect of organization and human services | | | |Help to diagnose the problem effectively and make timely solutions | |1972 |EMR (Electronic Medical Record |Facilitate to record all information electronically with less errors and extensive | | |System) |work loads | |1999 |ASP (Application Service |Delivers and manages software applications and computer services from a remote data | | |Provider) |center to multiple users. | | | ...
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...ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order to ace their studies. ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting: Tools for Business Decision Making: Exercise E1-7 exercise #7 only Ethics Case BYP 1-7 case #7 only Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 1 Individual Assignment BYP in order to ace their studies. ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-1-individual-assignment-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 1 INDIVIDUAL ASSIGNMENT BYP Prepare written responses to the following assignments from Ch. 1 of Managerial Accounting:...
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...Defining Marketing MKT 421 April 10, 2011 Defining Marketing Marketing is managing profitable customer relationship (Armstrong and Kotler, 2009). Marketing helps companies all over the world attract and maintain interest to their products or services. The twofold goal of Marketing is to attract new customers by promising superior value and to keep and grow current customers by delivering satisfaction (Armstrong and Kotler, 2009). Marketing involves advertisement through TV, Newspaper, Internet, Social Networks, Radio and Banners. Without Marketing, companies simply cannot reach their maximum growth potential and capture the market share they need to take their business to the next level. In Marketing process there are five simple steps to ensure success. First step is to understand the market place and customer needs (Armstrong and Kotler, 2009). By understanding the wants of needs of a particular market companies can develop advertisement strategies which can help them stay close to their customers and offer both products and services to meet their needs. Second step is designing a customer-driven marketing strategy (Armstrong and Kotler, 2009). Once companies identify what customer the needs and wants are they can create an effective customer based strategy to successfully reach the customers within that particular market. Step three is construct an integrated marketing program that delivers superior value, step four is build profitable relationships...
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...Generally Accepted Auditing Standards Auditing is an organized impartial examination of data, statements, records, operations, and performance of a company. An auditor, which is a Certified Public Accountant is the person assigned to perform all audits. The purpose of an audit is to ascertain the validity and reliability of a company’s information, and to assess the company’s internal control system. The goal of all audits is to determine whether a company’s financial statements comply with the generally accepted accounting principles set forth by its jurisdiction (Investopedia). There are guidelines that all auditors use when they are performing an audit. These guidelines are the generally accepted auditing standards and they provide the objectives for the auditor to achieve in an audit of financial statements. There are ten standards and they are set up into three categories, which are general standards, standards of fieldwork, and standards of reporting. These standards pertains to financial audits (an audit of financial statements to find out if they are prepared in accordance with guidelines), operational audits (evaluates the effectiveness of a company’s operations), and compliance audits (evaluates whether a company is following rules and regulations). In the general standards category there are four different standards. These standards deal with the qualifications of the auditor and the quality of the audit. The first standard is adequate technical training...
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