...ASSIGNMENT: INTERNET ADOPTION 1. UNIT OF ANALYSIS AND GEOGRAPHICAL SCOPE Said that the unit of analysis is the person or household or company, in this case, we see that in this case the subject being analyzed is Internet. The geographical scope of the analysis is the whole world. 2. MARKET POTENTIAL AND CURRENT MARKET DEMAND If we consider the projections till 2017, the current market demand is around 50% of the total population of the world, that it means that is approximately 3,6 billions of people. In order to calculate the market potential we will consider all those customers that are or not aware or that are unable to use the internet ( illiterate for instance) or that because of infrastractures or incentives have lacks of benefit or people that live in places where internet is not available. Said that, the potential market demand is around 7,1 billions of people. 3. MDI The MDI is : 50,7 It means that companies (internet providers) should stress on benefits deficiencies and price reductions. And I think that it’s quite conform to the information we had from the case. In fact, in the case are highlighted the lack of benefits and infrastructures and the low income of the people that are offline. 4. REASONS WHY PEOPLE DO NOT USE INTERNET The barriers that people find in adopting internet span, mostly, in four categories: * incentives * low incomes and affordability * user capability * infrastructure The first category comprises reasons...
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...3.2 Externalities 3 2.3.3 Further evaluation 4 3. UK’s Patent Box scheme 4 3.1 Definition and Objective 4 3.2 When and how to claim 5 3.3 Qualification 5 3.3.1 Patent Box 6 3.3.2 Qualified Income 6 3.4 Consultation and appraisement 6 3.4.1 Equity 6 3.4.2 Efficiency 7 3.4.3 Further-Evaluation 7 4. Belgium’s Research and Development relief 8 4.1 Nature of incentives 8 4.1.1 Super deduction 8 4.1.2 Notional Interest Deduction (NID) 8 4.1.3 Income tax withholding incentives 8 4.1.4 Incentives for staff 9 4.2 Compare and contrast with UK R&D relief 9 4.2.1 Tax Deduction 9 4.2.2 Notional interest deduction 10 4.2.3 Wage Tax Exemption (WTE) 10 5. Belgium’s Patent Box scheme 11 5.1 Definition and Objective 11 5.2 Compare and Contrast with UK Patent Box scheme 11 5.2.1 Effective Tax Rate 13 5.2.2 Qualified IP rights 13 6. Conclusion 14 7. Bibliography 15 1. Introduction Under the impact of globalization and revolutions in knowledge and technology fields, innovation, which could widen the employment base and enhance national competitive strength, is desperately required nowadays. Therefore, most governments try to motivate innovation through tax incentives on companies’ R&D activities. This essay will first discuss the UK tax policies of “Research & Development” and the “Patent Box” Schemes with review of various commentaries. The second part will...
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...181F + $48,183F +$6,317F - $26,946U = $ 73,163 F David Hall’s bonus = 20% x $73,163 = $14,632.6 Rita Smith’s (Marketing manager) bonus = 10%(Act. Net Revenue – Budg. Net Revenue) = 10% x [($14,446,487-$1,859,594-$5,023,192) - ($13,006,000-$1,218,280-$4,463,000)] =10% x $238,981 =$23,898.1 Rita Smith’s bonus = $23,898.1 Bill Wilford’s (Production manager) bonus = 3% [Net Efficiency Variance (materials, labor, variable overhead) + Labor Rate Variance + V&F Overhead Spending Variances] (if favorable) Net Production Efficiency Variances + Net Production Rate/Spending Variances = $1,171,859 Unfavorable Bill Wilford’s bonus = $0 3) What role do you think the new incentive compensation plan played in how the purchasing, marketing, and production departments performed? We think the new incentive compensation plan put three departments into isolated positions. In the compensation plan, among all those conditions for...
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...Business Strategy Game Samples of Contents of a Report September 2010 [pic] Flying Feet Ltd. Year 12 Report Author 1 President Author 2 Vice-President, Finance Author 3 Vice-President, Marketing Author 4 Vice-President, Manufacturing/ Human Resources Name of game administrator Date Table of Contents Page I Executive Summary x II Finance y Situation Analysis: Past financial results globally z Past financial results by region etc. Objectives Strategies III Marketing Situation Analysis: Global sales and market share Sales and market share by region Objectives Strategies IV Private Label Operations Situation analysis Objectives V Manufacturing a) Plant Capacity and Production Situation Analysis: Global By region Objectives Strategies b) Manufacturing Costs per pair Situation Analysis: Global Plant by plant Objectives Strategies (c) Labour costs and performance ...
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...BRUINS FOOTWEAR CO. Business Strategy Game Year 11-12 Report Prepared For: Michael Breen Prepared By: Group B (Bruins) November 30th 2011 BRUINS FOOTWEAR CO. | 2 THE BRUINS FOOTWEAR CO. ATHLETIC SHOES November 2011 This document has been prepared by actual BSG Simulated facts. Bruins Footwear serves consumer products and allied businesses within four regions. Bruins Footwear’s market intelligence reports are specifically designed to aid the action oriented executive by providing a thorough presentation of essential data and concise analysis. President: Bhavani Watinkson Vice-President Accounting: Nicholas Iserdial Vice-President Finance: Arewiner Purba Vice-President Marketing: Patricia Rosart Vice-President Human Resources: Cristian Alvarez BRUINS FOOTWEAR CO. | 3 EXECUTIVE SUMMARY The athletic footwear industry is extremely competitive as well as a demanding market where aggressive competition, on-going research & development, price conscience consumers, and continuous changing market trends and fads have all been attributing factors in how a manufacturer in this industry responds. As a result, this makes the opinions of buyers very important. It is essential to develop strong relationships with these buyers for the improvement and future growth of a company within any industry. Bruins Footwear has always been a company that stands for revolutionary inventions in the athletic footwear industry. Bruins footwear reported in...
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...A Report on “Pre-Budget discussion And its reflection in National Budget 2015-16” SUBMITTED TO Taher Jamil Course Instructor Business Taxation Course no: F-203 Lecturer Department of Finance Faculty of Business Studies University of Dhaka SUBMITTED BY group # Date of Submission: 11th August, 2015 Group Members Name | ID No. | Bodrun Nesa Ali | 20-008 | Pronab Saha | 20-110 | Ratila Haque | 20-124 | Tamanna Jahan Toma | 20-128 | Aleya Hossain Lima | 20-219 | Letter of Transmittal August 11, 2015 Taher Jamil, Lecturer & Course Teacher, Department of Finance, Faculty of Business Studies, University of Dhaka. Dear Sir, It is a great pleasure for us to submit the report on “Pre-Budget discussion And its reflection in National Budget 2015-16” , which is prepared as a fulfillment of the requirement of the course named “Business Taxation” of BBA program under ‘Department of Finance’ of the Faculty of Business Studies, University of Dhaka. This study has given us the opportunity to learn the basics of tax and also given us the practical Knowledge through the discussion on budget. The analysis that we observed through this report will help us in our future, indeed. We would like to convey our special thanks and gratitude to you for patronizing our effort & for giving us proper guidance and valuable advice. You will be delighted to know that, we have tried our best to make this report more & more informative and factual. Sincerely Yours, Bodrun...
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...business to be conducted are provided in the accompanying Notice of Annual Meeting and Proxy Statement. We will report on Company operations and discuss our future plans. There will also be time for your questions and comments. We sincerely hope you will be able to join us at the Annual Meeting. The fine attendance of our stockholders at annual meetings over the years has been very helpful in maintaining good communication. For information on how to attend the Annual Meeting, or listen to the live webcast, please read ‘‘Annual Meeting Admission’’ on page 1 of the accompanying Proxy Statement. Your vote is important. Whether or not you plan to attend the Annual Meeting, please vote as soon as possible. You may vote your proxy on the Internet, by telephone, or, if this Proxy Statement was mailed to you, by completing and mailing the enclosed traditional proxy card. Please review the instructions on the proxy card or the electronic proxy material delivery notice regarding each of these voting options. Thank you for your ongoing support of 3M. Sincerely, 7MAR201222590816 2015 ANNUAL MEETING OF STOCKHOLDERS NOTICE OF 2015 ANNUAL MEETING AND PROXY STATEMENT TABLE OF CONTENTS Notice of 2015 Annual Meeting of...
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...1.0 Introduction According to Leslie and Philip (2012), innovation is the commercial exploitation of new knowledge, in other words, developing new ideas into products and production processes and selling them on to customers. Innovation is also the process of translating an idea or invention into a good or service that creates value or for which customers will pay. The term innovation can be defined as something that are original and, as consequence, new that ‘breaks into’ the market. Innovation is needed for businesses to produce new products. Multinational Companies (MNC) can be defined as corporations which have their home in one country but operate and live under the laws and customs of other countries as well according to Ruth and Michael (2000). Generally, any company or group that derives a quarter of its revenue from operations outside of its home country is considered multinational companies. It can also be referred to as an international corporation. One of the examples of MNC is Starbucks. Starbucks Corporation is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 20891 stores in 64 countries (Wikipedia, 2013). According to Leslie and Philip (2012), the global business environment can be defined as the environment in different sovereign countries, with factors exogenous to the home environment of the organization, influencing decision making on resource...
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...Incentive programs are one of many ways organizations motivate employees. Our goal is to design an incentive program that is aligned with the company’s goals, needs, skills, and abilities. Incentive pay can be determined by merit pay and performance bonuses. Studies have found that pay-for-performance plans help achieve organizational goals and desired performance results. Merit pay is a reward in which employees receive permanent pay increases such as raises as a function of their individual performance ratings. Although it can be different across industries, some recent surveys have demonstrated that 80% to 90% of organizations use merit pay plans (Heneman & Werner, 2005) Merit raises should be fair and based on performance ratings and the biggest increase is given to the best performers. Performance bonuses are monetary rewards for performance and not rolled into base pay. Bonuses must be earned and re-earned during each performance period. Bonuses are attractive to many organizations because the one-time cash reward links pay to performance and motivate employees. (Lawler, 1981; Lowery, Petty, & Thompson, 1996) There are several core legal requirements that will affect our employee’s benefits. These legal requirements include tax treatment of benefit, anti-discrimination laws, and accounting requirements. The federal and state governments require various forms of social insurance to protect workers from the financial hardships of being out of work. The IRS...
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...prices are influenced by the price of crude oil, the consumers need for gas, and the markets supply of gasoline. The Oil Producing and Exporting Countries determine how much oil to produce and sell to other countries (Forbes, 2008). As the amount of oil increases in the market the price of gas decreases, in turn if the supply decreases the price of gasoline increases. Not only is the price of gasoline affected by normal supply and demand changes, it is also affected by global events. Oil is traded worldwide which means that many factors can influence the price of oil by various events and conditions that occur across the globe. According to our text book demand is influenced by a number of determinants; including taste and preferences, income, price of related goods, expectations and the number of buyers (Stone, 2007). When figuring in these factors regarding a product that has a relatively small market, the variables affecting the price maybe limited, however when it comes to the price of gasoline, since the market is worldwide the variables that affect demand are increased dramatically thus causing a significant fluctuation in the overall price of the product. In my area back in May we noticed a significant decrease in gas prices. In fact the Herald Tribune of Sarasota reports a price drop of 45 cents (Hielscher, 2012). Then if we go back in the news to investigate what was going on in the market during that time we can see that during the month of May oil prices dropped below...
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...Quiz 1 Which one of the following is not a factor in determining a company's unit sales and market share of branded footwear in a particular geographic region? | | | The number of retailers stocking the company's footwear brand and delivery times to retailers ( 1, 2, 3, or 4 weeks) | | | Internet and wholesale prices | | | The number of annual sales promotions | | | The appeal of the celebrities signed to endorse the company's footwear | | | Expenditures for retailer support | Which of the following best describes the materials the company uses to make its footwear? | | | | Normal-wear and long-wear materials | | | Durable and non-durable materials | | | Natural and man-made materials | | | Synthetic fibers, waterproof polyesters, microfibers, rubber, and metal eyelets | | | Standard and superior materials | The interest rate a company pays on loans outstanding depends on | | | its current ratio, the amount of cash on hand to make interest payments, and the average annual amount of free cash flow for the past five years. | | | its current ratio, free cash flow, and prior-year interest-coverage ratio. | | | its market share and how many consecutive years the company has been profitable. | | | how many times it has borrowed money in the past five years and whether any amounts borrowed have been repaid. | | | Its credit rating. | Which of the following are the 5 measures on which...
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...of pre-existing conditions or income. The Obama Care does create shifts and challenges in the healthcare landscape. Obama Care does have its benefits. People with pre-existing conditions can now have insurance without being turned down because of condition, this includes children as well. Young adults can now stay on their parents insurance up to the age of 26 and applications cannot be denied like in the past because of errors made on the application. Obama Care also covers services without co-pays, like mammograms and colonoscopies or other preventive test. Individuals and families will pay insurance based on their income, if you don’t have insurance by March of 2015 you will be fined. Even though people will get coverage with pre-existing conditions, this allows insurance companies to raise their rates. The insurance can’t cancel you because you are sick, but citizens do have the right to appeal a health insurance company if the citizen does not agree with a health care plan (Obama 2014). One of the biggest challenges of the new reform will be Integrated Health Care Delivery Systems, because there are 850 of them in the United States. Within the challenges of Integrated Health Care Delivery Systems is going to be institute an integrated provider management plan. The plan should Identify and align key economic initiatives and incentives of participating providers. The plan should engage in identifying key economic initiatives and incentives of participating...
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...Student’s name Subject Title Lecturer’s Name Date of submission Income Inequality Introduction The problem of an increase in household income inequality has been a major talk point in political discussion and public policy. According to Winston Churchill, inequality is unavoidable especially in capitalist societies. However, President Barrack Obama views inequality as not only a major problem but as a defining problem of this generation. It cannot be disputed that income inequality in the United States has been rising over the past four decades. The trend is evident when income is measured both before and after taxes. The income inequality in the U.S today can be compared to those of other developed countries. However, the country ranks amongst the worst in inequality especially after taxes and transfers. This means that less income that is received from higher income households trickles down to lower income earners. A recent study in 2011 revealed that the top earners income increased by around 275% after income transfers and federal taxes. Today, there is ongoing debate as to the effects, causes and solutions of the income inequality. Over the years, debates have arisen whether the income inequality gap in America is a social or an ethical problem. Despite businesses breaking profit records, these income gains have been concentrated on the top 1% (Glenn 58). It is often argued that income inequality is a social injustice and that it is unfair. However, social injustice...
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...INTRODUCTION Dubai is one of the seven emirates of UAE. The emirate consists of a city of the same name. The city is the largest in terms of population among the rest of the cities of UAE and is the second largest city in terms of area after Abu Dhabi. The history of Dubai dates back to the era even before than the formation of United Arab Emirates. It was only a desert back then in which only tribal Bedouins living in the area could survive. Gradually the population began to rise and thus the desert gained the shape of a city that is one of the largest cities in the world of modern times. Previously Dubai's economy was dependent on oil trading business only. Then steps were taken by the government of Dubai to diversify the economy of Dubai. One of these steps was making Dubai an industrial and commercial hub in the region. For this purpose, many different free zones were established all over the city. These free zones played quite an important role in the diversification of the economy of Dubai and in the creation of a business hub in the city. The companies that were operating in these zones were given special allowances and benefits that helped in flourishing their trades all across the city. Dubai freezone company enjoys benefits such as better infrastructure, a wide range of facilities (warehouses, offices), relief from corporate tax, and zero import duties. One of the most important benefits that were available to the companies operating in the zone was that these companies...
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...room types that have a lower daily rate i.e. Side room, whereas guests who stay for shorter periods of time (3 nights or less) tend to stay in higher daily rate rooms i.e. Bay-Window room. 2. The average number of visitors per room type fluctuates depending on the corresponding room type. The average number of guests per room type is as follows: • Bay-Window rooms have an average of 2.25 visitors indicating that it usually reserved by couples or business travelers. • Ocean rooms have an average of 3.8 visitors indicating that it usually reserved by families. • Side rooms have an average of 3.25 visitors indicating that it usually reserved by young family. 3. Based on the report: Summary – Base Income per Room Type, Ocean rooms generate the highest base income at $874.44, followed by Side rooms at $697.38, and then by Bay-Window room generating the lowest...
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