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Answers: Part 1: Summary of the Findings On evaluation of the case study and on analysis of the procurement and the financial risks associated with the project, it is observed that the project lacked proper governance. In complex project like that of new Royal Adelaide Hospital project, it is essential to understand the concepts and process of public private partnership arrangements (Müller, Pemsel & Shao, 2014). The new Royal ...
Answer: Part A: Introduction Project procurement is an important consideration of project life cycle as procurements and contracts are integral for successful management of a project. In this context, the project of new Royal Adelaide hospital can be discussed. Appropriate procurement management is important for complex projects (Mignone et al., 2016). The purpose of project procurement management is to establish and maintain the relati...
Answer: Introduction Digital technologies have advanced and hence it has become essential for the organizations to take use of the digital marketing tools and techniques for bringing effectiveness in their marketing campaigns (Tiago & Verissimo, 2014). Digital marketing strategies are widely used irrespective of the industry. This is because they are capable of reaching to the wide extent of people at the global level. BMW is one of the b...
Answer: Introduction Human resource management is a core aspect or element of overall organizational management within a business entity. Human resource management deals with the human resources available within a company and the workforce of the firm in order to conduct the operational activities of the organization. The purpose of the current assessment is to show skills and knowledge related to identification of Human resource prob...
Answer: Introduction This report is written on the disassembly of GX160 stationary engine, the main objective was to study on its working mechanism, materials used in manufacturing and its working efficiency based on the engine design. Therefore in order for all the theoretical knowledge on the working of this engine to be understood well, it had to be done practical through disassembly of the engine. HONDA GX160T1 used as air compressor, law...
Answer: Introduction Efficient leadership is very important for any business operating in the 21st century. It is also not confined to organization and business firms but also covers the area of government, politics, religion and education (Renzulli, 2012). In an organization, the role of business leaders is to strategically define the goals and vision of the company and ensure that is should be followed in the same manner to get higher...
Answer: Introduction All companies are responsible for the Environment they create, with the organizations’ structure and operations being directly affected by the created environments. The environment of an organization has a great impact on the opportunities and resources. An organization’s primary objective is to take care of its operations and the way they affect the environment. The successful development and growth of a busi...
Answer: Context and Background of Starbucks One of the most famous coffee house chain and multinational coffee manufacturing company is the American-based Starbucks. Founded in 1971 in Washington, this main representative company of Second Wave Coffee is operating at more than 28000 locations on the global basis (Starbucks Coffee Company 2018). The company is known to provide the customers with exquisite coffee and other sides with the drink ...
Answer: Reflection Leadership refers to the process of leading a team of people towards accomplishing a specific goal. Throughout my life I have been fortunate enough to encounter several leadership opportunities and I strongly believe that these leadership roles have played a significant role in shaping my life. Through these roles I have been fortunate to work with different kinds of people. A leader is bestowed upon with several responsibi...
Answer: Introduction Throughout my work experience, I have come across touch points that ended up influencing and shaping the perspectives I have on leadership. Particularly, my role of leadership has mostly been about articulating and putting into action a vision for the future. Along the way of articulating the vision, I experienced a lot of resistance. Human beings do not accept changes easily as usual. Such resistance is what has reshaped...
Answer: Introduction In this report through a case study the contract law is going to be discussed. The concept of agency as par the contract law is going to be the focus of this case. The role of agency in case of making a contract with the third party is going to be discussed in this case. The liabilities and duties of the agent under the contract law have been evaluated. The rights and obligation of the third party as well as the pri...
Answer: Introduction: The current paper has been prepared for the purpose of recognising any noteworthy accounting problems that requires to be examined with regards to Myer Holdings Limited. The company is a high-end chain store in Australia trading with varied commodities such as- outfit, accessories, footwear, home ware, fragrance, books, stationery, food and other grocery products (Myer 2018). The study would focus on discovering the proofs...
Answer: Currency Market Overview and Forecast International currency market movement Deriving an accurate prediction of the currency market movements and activities can be extremely difficult given the numerous fluctuations and varied externalities (Salisu, Oyewole, & Fasanya, 2018). Notably, there has been a drastic change in the currency market movements and activities from January 2nd, 2018 to August 31st, 2018. For instance, the...
Answers: 1. Issue There are two issues involved in this case. The primary issue is to determine whether Marlow can resign from Clear Vision Limited and incorporate a new company to conduct the block chain business. The secondary issue is to determine the changes in the advice if their constitution contained a clause identical to Section 194 of the Corporations Act 2001. Rules As a general rule, a director can resign from a company by givin...
Answers: 1: Part (a): Ways through which senior managers at WorldCom managed earnings: Scott Sullivan, the Chief Financial Officer of WorldCom, has distorted the earnings of the organisation by breaching two primary accounting rules, which include capitalisation and accruals. Moreover, the senior managers had overstated the pre-tax earnings of the organisation by disclosing the accrual balance to the profit and loss statement and by capital...
Answer: 1.0 Introduction: About 87% of the World energy demand is supplied by Fossil fuels only less than 13% of renewable sources of energy is used to supply the energy demand in world wide. Energy generation by fossil fuels creates a very negative impact on environmental health as the emission of harmful gases occurs due to burning these fuels. The production of electricity from the renewable sources are the most environmental friendly meth...
Answer: Introduction The main purpose of this paper is to discuss two research-based journal articles relating to Activity Based Costing (ABC). These two articles discussed are “Implementation of the Activity based Costing Model for a Farm: An Australian Case” and “The Impact of Activity based Costing on Organizational Performance”. The paper explains the Activity Based Costing (ABC) method and discusses the ...
Answer: Introduction: In the highly competitive business scenario, running own business has become the key trend in order to strengthen the financial competency and sty aide from the competition. There lies the significance of entrepreneurship, which can be regarded as the process of setting and running own business by taking own risk and advantages. This is the way of exploring new business related opportunities, prevailing in the market, wh...
Answer: 1.Issue Whether AFS Grocery Store has any rights to seek payment from John with respect to goods sold to John’s supermarket that was worth $45000. Rules A person can enter into a contract with the help of his/her agent. In commercial transaction mostly, it does not remain possible for an owner of a business to get personally involved in every transaction, hence they opt option of the agency. A person, who has authority to ...
Answer: Introduction Restaurants and food chains are important part of any sort of culture. Across the globe, there lie multiple categories of restaurants selling various types of foods and beverages. These span from casual food parlors to food trucks to normal dining restaurants. Throughout the centuries, the Indian food has been recognized and considered as one of the delicious and spicy categories of food that has been famous through...
Answer: Introduction The main purpose of this assessment is to analyze the financial report of Qantas ltd for the year 2017. The analysis would be conducted considering the results which are obtained from computation of key financial ratios of the business. The results of the business of Qantas ltd is to be compared with the results which is computed with one of the competitors of Qantas ltd. The analysis of the financial statements would also ...
Answer: Introduction BHP Billiton is basically a dual listed company consisting of BHP Billiton Plc and BHP Billiton Ltd. Although these entities prevail as distinct entities, yet they operate under a single organization or group called as BHP Billiton that is a global resources company and headquartered in Melbourne, Australia. Moreover, the company is primarily involved in the production of several commodities like copper, iron ore, uranium...
Answer: 1.In Australia, banking sector has changed its funding composition over the years through altering funding costs and rates of lending. This situation can be analysed precisely in the context of global financial crisis, as this has adversely affected funding composition and costs of banks in Australia. The flow-on effects have affected lending rates as well as net interest margins of these banks. The overall costs of funding of Australi...
Answer: Introduction When developing a representative sample size of a given population, it is important to note that the degree of accuracy solely depends on the size of the sample participants of the total population. the bigger/ higher the sample size of the population, the more reflective or representative the results of the findings are. This implies that when a small sample is picked from a bigger population under investigation, the lev...
Answer: Introduction The report has been authorized by <Kindly insert the name of the tutor, Course Coordinator of MGT704 Global Business Management, at the <Insert the name of the university, Country>. The aim of the report is to undertake an opportunity and utilize it in order to analyze and identify with the help of a reference being made to the chosen company, Mc Donald’s that how amidst of the competition certain firms ar...
