Task 1 Understanding different ethical perspectiveEthics is important for operating the business successfully in the market. Business ethics is also the form of ethics which is applied in any particular business. But it is also understood that companies has to face many ethical problems during the business operations. This report is focused on the various parts of the business ethics which are crucial in gaining growth and success in the opera...
Answers: To calculate the Quality Adjusted Life Years, the following Formula was used: QALY = Life Years X Utility Weight of Health State X Total Number of Sample Weight Since, the study participants were transitioning after 3 months, the baseline QALY is calculated at 3 months Life Years or 0.25. The participants transitioned into stable shelters for 6 months. Hence, the QALY is calculated at 0.5 Life Years. The 12 month QALY is again calcula...
Question 1: Organisational structure of Coca-ColaCoca-Cola is a multinational organisation that has business activities in different regions of the globe. The company has separate divisions that are set in five continental divisions that are managed differently. This means that each of the divisions runs its own activities that are tied to the head office run by the president. To manage global activities the organisation has split its function...
Hidden Fees and Their Impact on the EconomyThe hidden fees entail those expenses that are not usually incorporated into the acquisition price and hence it difficult for the client to notice such charges (Agarwal et al. 2014, p. 240). The resort, baggage and the change itinerary fees are the hidden costs disclosed in this article. These costs are considered hidden because they are not included in the originally advertised prices. The sellers or...
The Concept of Cultural Encounter in “One out of Many”Culture is the qualities and information of a specific gathering of individuals, characterized by everything from dialect, religion, cooking, social propensities, music, and expressions. it could also be further depicted as shared examples of practices and communications, intellectual builds and understanding that are found out by socialization (Tadesse and White, 2010). Th...
Results and discussionBusinesses need an understanding of the progress of the business throughout the year. It should be able to determine whether their sales/profit and cost of goods sold is different in different seasons and the month of the year. The main challenge of businesses is determining whether their net sales, profit among other crucial factors are affected by rainfall. Therefore, this research will use different business analytic a...
Advantages of Product Costing SystemsIn the given scenario we see that Frank the owner of New Age Caravan, is not a huge accounting fan. He considers pricing of the product as only competition and does so by pricing his goods at the level of what his competitors price them.He thinks that accounting is nothing but addition of revenues and deduction of expenses. That too it is necessary just to determine his profits. Frank is aware of the huge...
Overview of the CaseThe legal rule that can be applied in this case for the purpose of deciding the above-mentioned issues to see if the existing contractual duty can be treated as a valid consideration that can support the promise made by the other party to be extra money. The main case that is related with the facts of the present question is Williams v Roffey Bros & Nicholls (Contractors) Ltd. (1990). Therefore in the present case, th...
1. Email Cover Letter Subject line: Accountant Position – Rex Ashley Dear Hiring manager, I have read your advertisement regarding the job post of an accountant in the “Daily Times” newspaper. In my job as Accountant for ABC organization, I have nearly 4 years of experience in two big companies. Further, I have a degree of Chartered accountant from the recognised Institute of Chartered Accountants. I have also completed the...
Organisational BehaviourOrganisational behaviour is an approach that helps in understanding the human behaviour and how they interact with their environment. organisational behaviour is a psychological concept that is applied to business organisations that assists human resource managers in managing the workforce, understanding their needs, developing them, identifying the factors that will motivate them and using appropriate behaviour interve...
AimsIn today’s world, low cost carrier airlines become a trend, therefore the airline industry applied of strategies to grow into the market. Airline industry is chosen for this particular report to analyze the strategic plan of the organization, Azul Brazilian Airlines. It provides with passenger as well as cargo air transport services within Brazil. The airline organization provides of air transportation services with connecting cities...
Importance of marketing in modern businessThe marketing technique is stated as an effective way of managing supply and production of products and services to the customers in an effective manner. The report is presented considering the case study of business organization Red Bull in Australia. The marketing not only involves delivery of products and services to customers but also design the products in such a manner, so that those are acceptab...
Planning and Development Control Laws for Coal Mining in NSWThe parliament while drafting legislation in relation to environmental control must not only have in mind the impact of specific projects on the environment but also the economic impact of making too strict restrictions on projects. Thus legislations have been enacted in such a way that they development opportunities to industries as well as maintain a sustainable approach towards the e...
Self-evaluation through Naturally Occurring dataManagement perspectives exposes the foundation of the management of the organization. The report discusses different and numerous management perspectives of an Australian Bank and shows different function of the management in the organizational body. The role of the manager includes several different challanges that the manager has to face while performing his role. The major challanges include the...
Current LiteratureThe report reflects on the case study of “Kilkenny Lightning Project” which is implemented for providing people energy efficient lightning. The project is very much beneficial as it utilizes solar energy for lightning. Solar energy is renewable source of energy, and thus its use not only helps in saving money but also helps in optimizing energy consumption. The paper illustrates ISO 15000 and ISO 14000, which refle...
Business Context and BackgroundStartup can be of any form and size and begin by building a prototype (Minimum Viable Product) for validation. Australia has its share of innovative startups with unique product and innovative services but being in a place like Sydney which is flooded with startups it is not easy to survive in the cruel market. Drive Yello is one such innovative app in the race to become a billionaire company has already seen t...
The Relationship between International Trade and Environmental ProtectionThe World Trade Organization (WTO) is a global organization that governs international trade. It was established in 1995 after the Uruguay Round. One hundred and twenty four countries were involved in the creation of the Uruguay Round and in a span of seven and a half years. The biggest revolution was brought about in the world’s trading system since General Agreeme...
Understanding Religion and CultureThe purpose of the following paper is to make a profound discourse about religious expression, socio-cultural elements and significance of history, in order to understand whether a distinct style of religious expression is determined or influenced by the history, immigration and cultural elements of a country or not. To pursue the aforementioned aim, the paper will concentrate on identifying the individual relat...
Strengths of Marks and Spencer In this report, the company that is selected is Marks and spencer. In the first phase of the report, the discussion will be made on the by analyzing the case study of marks and spencer. First part is related to the strengths and weakness of marks and spencer and the second phase of the report will discuss about the influence of leadership, corporate culture and corporate governance in Marks and Spencer...
Challenges of marketing the Swash brandThe swash is a radical innovative product which was developed by Whirlpool, Proctor and Gamble. It was launched in the US in 2014. It’s a home clothing care system which reduces wrinkled, refreshes fabric as well as restores the fit lost by the clothes after wearing. All this is accomplished by the machine just ten minutes after the push of a button. The system is designed in such a way that it can fi...
DescriptionEducation is an important aspect of the modern life. In Ireland, for instance, it is considered as the stepping stone for a successful future of a person. However, the level of education of a person increases as one grows. I believe that the transition in those levels especially from second to the third level of education is characterized by a lot of differences. According to Hout, (2000), in Ireland, there are three main stages...
Introduction to Tort LawUnder the common law jurisdictions, tort is usually referred to as a civil wrong undertaken which results in a party being harmed or bearing loss, which results in legal liabilities being raised for the person indulged in such tortious activities. Tortfeasor is the term which is used for referring the person who commits such a tortious act (Trindade, Cane and Lunney, 2007). In Australia, there are different torts which ...
The Nature of Hohfeldian Claim-RightsThe plethora of the right assertions can be sorted through categorization. In order to understand what each of the asserted right exactly means, there is a need to be precise on how the rights have to be construed and what these right do. In order to analyse these rights, their form and their function has to be analysed. The form helps in clarifying the internal structure of rights and the function helps cl...
Cost Classification for Product and Period CostProduct and period cost is a way to classify the cost to get the accurate result of production cost. For analyzing the product and period cost of the question, it has been analyzed that whether the given cost are related to manufacturing the product or this cost are situated with the office and administration operations of the company. For analyzing it in a better way the direct link and indirect ...
CV for sales assistant job roleEmployability is a part of the skill which is important for attain the targeted job. It contains set of behavior and skills that keep importance for every kind of job. An employability skill is the synonym of soft skills foundations skills and work skills. The importance of employability skills has more important now days because in competitive environment, employers of the private as well as public company...