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Answer: Introduction Standards are guideline documentations which reflect agreements to various practices, products and operations procedures nationally and globally recognized industrial, professional, trade associations or government bodies (Chinosi & Trombetta, 2012). The national standard for Australia researched on NATA (National Association of Testing Authorities, Australia 2013). This standard was established in 1947 but in 1988 it...
Answer: Introduction Background: psychological distress is common among students. They experience high level of anxiety through certain periods during the semester and more so during the exam periods and other time limits. University students face copious anxiety moments related to their educational demands that can lead to growth of mental disorders. These stressors usually impacts negatively on their academics. This study examines the psych...
Answer: Element 01 Culture refers to social behaviour that is found within the human societies. Culture can be said to be an important concept in relation to anthropology which is transmitted with the help of social learning (Wilson 2017). Organizational behaviour refers to the study of the manner in which people interact within a group. Organizational behaviour acts as interface in between human behaviour and that of organization. This rep...
Answer: Introduction: The modern world and the rapid industrialization have demanded for the sustainable use of the natural resources all over the world. The governments of the different countries across the world have developed different laws and regulations for the sustainable use of the resources. These laws and regulations adopt different techniques and measures which differ in each country. The purpose of this discussion is to comp...
Answer: Question 1 Capacity planning and strategic options According to Georgiadis and Athanasiou (2013), capacity planning may be defined as the process of determining the overall production capacity that would be required by an organization in order to implement change or accommodate changing demands. The case study defines production capacity as the production levels of an organization as demonstrated within a period of thirty nine hour w...
Answer: Introduction: Canada has been facing soil degradation in agricultural sectors since the beginning of this century due to salinity, acidity, wind and other natural or artificial factors. However, the farmers of this country have faced this problem recently and for this, those farmers along with official agencies are trying to control soil quality. Agricultural lands of this country have suffered by waterlogged and flooded farmland that...
Answer: Chapter 1- Operational Analysis: The current study is based on assessing the performance of Esso Ltd that is the UK company that is engaged in the exploration, production and sale of oil, crude natural gas. The report will be providing ratio analysis to evaluate the financial performance of Esso Ltd and provide an understanding on the financial position of the organization from the year 2013 to 2017. Alongside a comparative analys...
Answer: Introduction The report is prepared to analyse the different types of issues that may be faced within the tourism and hospitality industry in Australia. The report will discuss the major issues that can be faced by the tourism and hospitality industry due to national disasters and changes in climatic conditions. With the changes in climatic conditions, the weather might become unpredictable and there could be increased chances of natu...
Answer: Introduction: My opinion about the learning experience of the activity of week 1 is that it was informative. This activity was important for me because it helped me to understand how to select my research topic and how to find and refer to resource materials for the purpose of my research. In future, I will use this learning experience in my course by efficiently selecting my research topic form the discipline of my expertise. During ...
Answer: Introduction After World War II, there has been a significant increase in world trade which has led to an increase in foreign direct investment. The transformational flow of knowledge, idea, goods, people, and capital are creating new economic interactions and tremendous development. However, globalization has not only affected multinational enterprises rather it has affected all companies. The world has become a global village and sm...
Answers: 1. Issue In this paper, the issue to be discussed is whether Mary and Used Trucks Ltd recover the payment from Road Measuring Professionals for delivering the equipment and truck. Law The Partnership Act, 1892 (NSW) deals with the formation of a partnership business in Australia. According to section 1 of the above-mentioned Act, when a collaboration between two or more individuals performing the functions of a corporat...
Answer: Introduction Amazon is the multinational American company that is into e-commerce, digital streaming, and cloud computing, artificial intelligence. It comes among one of the renowned companies of the world. Jeff Bozos established it with the motive to provide the best quality consumer goods to the people through effective delivery services and later on expanding the business into digital streaming The Company is considered one o...
Answer: Introduction to the research The income senior level managers has been one of the controversial area in the recent time, especially with the growing unicorn which do not hesitate to pay higher compensation for the right candidate. Unicorn are those start-ups whose valuation is more than $ 1 billon. With increasing number of unicorns in last few years, and the higher compensation of the managers, it would be interesting to analyze the fa...
Answer: Introduction The provided information is on the company named Sunshine Ltd and the general manager of the company Kam Sunshine went to the accountant, Maria Mars for reduction in profit. The major motive of Kam is to do some modification in the upcoming profit of the company. This aspect has created an ethical dilemma on Maria Mars due to her concern for the renewal of her contract with the company. This has led to Maria to chan...
Answer: Introduction: Westjet decided that the sale of tickets were to be done in an innovative manner. An innovative guarantee of price was provided in the mode used for booking tickets. The main rivalry of Westjet comes from Air Canada, which strategically fired its CEO on the possibility of a bankruptcy. Some of the strategies of Westjet include promises made of never overbooking flights. The strategic implementation brought about by the c...
Answer: Introduction This a report based on the scenario developed on the organisation named West Hotel Sydney. The report has been developed as a business case made for the senior level of management. It describes the issues faced the company and the recommendations of effectively conducting downsizing within the organisation. The research has used the stakeholder theory as the analytical tool for analysing the current situation. West Hotel Sy...
Answer: Introduction The effectiveness of details that are being represented in the financial statement are developed through the existing IASB conceptual framework through ensuring relevancy and reliability of those information. The qualitative characteristics of useful details and knowledge such as relevance and fundamental characteristics recognized in the IASB Conceptual Framework are to be satisfied before any information is included in ...
Answer: Issue 1 The application of a budget is done by a business with a view to plan, coordinate and controls the activities of the business. The management of a company can appropriately set targets on the basis of the past year and current years trends with the help of a budget. This further ensures that the company is in its right path towards the strategic goals and objectives of the business. The company which is considered for the asse...
Answer: 1. Introduction Income is the revenue generated from selling goods and services (Haraldsson, 2017). (DAVID, 2011) Define it as the money that an individual receives in compensation for his or her labor and services. (Jones, 2010) Studies on the factors that affect income reveal that qualification is a measure of one’s potentiality and therefore, highly skilled personnel tend to generate more income in both the private...
Answer: Regional Comprehensive Economic Partnership (RCEP) and Australian Advanced Manufacturing Council. The Trans-Pacific Partnership (TPP) that has now become defunct provided a chance to all strata to make sure that it was deeply involved in the regional alliance framework taking place in the Asia Pacific region and continued with the process of economic integration with its regional counterparts. Therefore it is the geopolitical im...
Answer: Case 1 Issues The assessment of income is based on the residential status of the person. The income tax assessment act 1997 specifies the several provisions related with the changeability of the income tax in case of a resident or non-resident person of Australia (Wilkins, 2015). The present study revolves around determining the residential status of the person named as Jack. Jack has the visa from his first visit Australia in 20...
Answer: Part A Budget is the tool and the blue print of the organization that depicts the transactions of the expenses and the revenue. The collective accumulation of all these things is represented by the budget. Benefits of budgets The benefits of the budgets for strategic management purposes have been outlined below. Planning orientation: The process of the preparation of the budget is one of the most important features which draw the...
Answer: Assessment Tool Instructions This assessment tool is to be completed by the Assessor and the Student. The assessment tool has been developed to collect and record evidence to assess the Student’s understanding and application of the performance criteria, performance evidence and knowledge evidence. If there are multiple units listed above, they have been integrated and are co-assessed holistically. This assessment tool must be c...
Answer: Introduction Determination of the stakeholders is important for the contemporary business organizations due to the reason that diverse range of internal and external stakeholders is relevant in the current business scenario. The more effective will be the management of the stakeholders, the more will be the organizational competitiveness in the long term. However, it should also be noted that strategic approach should also be di...
Answers: Introduction In today’s competitive business world, companies engage in unfair or unethical business practices while conducting their business operations to gain an unfair competitive advantage in the industry. The importance of business ethics has increased substantially between corporations to ensure that they evaluate the impact of their operations on their stakeholders and implement policies in their interest (Crane and Mat...
