The Challenges Faced By Environmental Management Systems Business Essay

The Challenges Faced By Environmental Management Systems Business Essay This research is about the Environmental Management System (ISO 14001) and does the packaging companies adopted (ISO 14001) because as we know packaging industry is one of the industry that generate massive amount of waste. Thus this waste must be managed carefully to reduce the impact to the environment. Further investigation will be carry out into the role that the packaging companies played towards the current environmental issues. Basically an Environmental Management System is a management system that can helps an organization to manage its environmental impacts and also a way which can minimize such impacts effectively in the long run. The packaging industry is an industry that responsible to enclosing or protecting certain products for distribution, longer duration of storage and also for marketing purposes to attract consumers. The environmental issue has been always the world agenda since early of 1992 when a group of international organisations for examples the United Nations Conference in Environmental and Development, World Health Organization and also the Non- Governmental Organization setting standards to maintain sustainable environment. The term sustainable environment was used by the well known Brundtland Commission which is now widely been quoted as development that meets the needs of present without compromising the ability of future generations to meet their own needs. The Environmental Management System (ISO 14001) is one of the standards in the ISO (International Organization for Standardization) family tree and the British Standard BS 7750 was the first standard to be created at that time. According to Krut and Gleckman (1998): This international association of national standard- setting bodies was set up to facilitate international commerce by standardizing technical specifications. It works closely with the International Electrotechnical Commission (IEC). In many areas, from ATM cards to telecommunication bandwidths to plumping supplies, business and the public experience significant advantages from ISO and IEC activity. (Kurt and Gleckman, 1998, pp.2). Although the issues of environmental being a great debate from different group of people especially the environmentalist but there is still lack of awareness among the public itself. This is also due to the lack of commitment from the local government to convey this important message to the public. This topic was chosen because the researcher took the subject of Environmental Issues in Business before and found that in order to sustain in a business first we have to understand well about what is the Sustainable Environment and how does it affect a business in the long run. Research Aims Objectives The aim of this research is to examine the Environmental Management System (ISO 14001) practices in packaging companies located in North East of England. This followed by 3 objectives to fit with the aim above and there are: to identify the reasons of the adoption of the Environmental Management System, to identify the problems companies faced when getting certified to ISO 14001, and lastly to examine the companys performance before and after adopting the Environmental Management System. Literature Review In this section will discuss about the previous research has been done to this topic and also demonstrate to the reader how well does the researcher knows about this particular topic of Environmental Management System (ISO 14001). Saunders, Lewis and Thornhill (2007, p.57) commented that reviewing the literature critically will provide the foundation on which your research is built and also the main purpose is to help the researcher to develop a good understanding and insight into relevant previous research and the trend that have emerged. There are plenty of books, journals and articles discussing about the environmental issues, how does the industrial sector can minimize their waste by adopting the Environmental Management System and also why businesses needs to play an important role towards the sustainability of the environment. No doubt all human being living in this world today does created much of their own waste (motor cars and the consumptions of CFCs in air conditioners or refrigerators) to the environment itself but the waste and pollutions created from the industrial sector are much more severe. According to Whitelaw (1997): If we look back to the to the Industrial Revolution, we might see this as the period when the inventiveness and innovation of human beings, and the resultant mechanization of manufacturing processes began to have negative impacts upon the environment. Prior to this period, any negative environmental impacts tended to be localized for example, forest were cut down without any future regard. (Whitelaw, 1997, pp. 2). Another author does agree with the same argument above and stated that: Businesses are the core of the environmental debate and are central both to the pollution problem and to the solutionthe activities of industry provide employment, and investments drive economic growth. However, in doing so, be it because of the resources that they consumer, the processes they apply or the products that they manufacture, business activities are a major contributor to environmental destruction. (Welford, 1994, pp. 3). One of the solutions for businesses to minimize their wastage is to implement the Environmental Management System (EMS) and getting certification of ISO 14001. Jorgensen (2000) defined the EMS: An EMS is part of the enterprises overall management system. It includes the organizational structure, planning activities, responsibilities, practices, procedures, processes and resources for implementing and maintaining environmental management. It includes those aspects of management that plan, develop, implement, achieve, review, maintain and improve the enterprises environmental policy, objectives and targets. (Jorgensen, 2000, pp.75). Implementing the EMS does not only helps businesses to reduce their wastage but also will improve the environmental performance and this can lead to a better corporate image of the businesses itself. According to Jorgensen (2000): EMS offers a structured and systematic method to incorporate environmental care in all aspects of business. The aim is not only to comply with environmental regulations and minimize the (financial) risks of liabilities and costs but to improve the environmental performance continuously and through this improve corporate image and gain competitive advantage. (Jorgensen, 2000, pp. 75). There are many large organizations for example BT Group in UK which takes the environmental management very seriously into their business. According to BT Group: In 1990 the BT Board made a commitment to optimise environmental management across the company. Since then, we have made real strides towards our goal of world class environmental management. Climate change is higher than ever on the agenda for government and business. BTs response to this is a new plan which takes some ambitious steps to cut our emissions of carbon dioxide. Having already reduced our carbon footprint by 58% in the UK, we have now set a target to achieve an 80% reduction in our carbon intensity worldwide by 2020. BT consumes 0.7% of the UKs entire electricity, so we think we can make an important difference. We have pledged to reduce the amount of carbon we emit as a business and help others to do the same. We are encouraging our suppliers, customers and employees to take action. We also believe that communications technology can be harnessed to help address climate change. (http://www.btplc.com/Societyandenvironment/Environmentandclimatechange/Environmentandclimatec hange.htm, no date). Further discussion of the objectives and more detailed literature review will be covered in the later part of this research project. Methodology Research Approach Strategy The research approach that will be use to apply in this topic is the Inductive Approach. Saunders, Lewis and Thornhill (2007, p. 118) commented that the purpose (Inductive Approach) here would be to get a feel of what was going on, so as to understand better the nature of the problem. This approach is best to be combining with the qualitative data and is being suggested to use different kind of methods to collect the data in order to get different point of view. (Saunders, Lewis and Thornhill, 2007, p.119). Since the environmental issues can be categorized under the real life context, the Case Study Strategy is more suitable to use in this research as the case study strategy is based on a real life context investigation. Types of information required Information that is required for this research is to find out how the environmental issues affect the business sector especially the packaging companies in the north east of England (regulations that needs to be follow, government, investor and also the public pressure), did the business owners take any initiative to protect the environment, some useful data from the Environment Agency in UK, why those companies choose to adopt the EMS or get certified for ISO 14001 (corporate image, attract more investors and consumers, able to help the companies in certain way or just for the seek for adopting it) and lastly to compare the performance before and after adopting the EMS and also to create awareness to the companies that the importance of sustainable environment/business. Data collection The main data collection for this research project will be from conducting an interview with around 8 packaging companies that are located in the North East of England. The length of each interview will be approximately 15-25 minutes. Voice recording, video recording and notes taking will be acquire to form a transcript at the later part for this research. Semi- structured interviews is the type of interview to be use in this research as questions from interview can be omit or vary according to the background of the company and also the background of the interviewee. Secondary Data The secondary data collection is also one of the ways to collect data for the research project. Secondary data consists of 3 types and there are Documentary Secondary Data, Multiple Source- Secondary Data and the Survey Secondary Data. In order to meet the objectives in this research project, reports and database from the potential companies are very valuable and in addition the journals, articles, newspaper and also books publication could also be sources for this research. Documentary Secondary Data and the Multiple Source- Secondary Data will be used in the research. Methods/Strategy linked to project objectives

Crossâ€Cultural Management in Albania

Cross–Cultural Management in Albania Brunilda Mucollari Daniela Hallaci Jona Likskendaj Arli Barxhani Eraldo Bode Date: 01/20/2014 Course: Organizational Behavior Leadership Instructor: Dr. Perparim Dervishi Part I â€Å"Culture is more often a source of conflict than of synergy. Cultural differences are a nuisance at best and often a disaster.† (www.uscivilizatio.com) Globalization, the land on which Cross – Cultural Management was sawed Intro Globalization is now becoming the future of the world. Humanity is now walking on the path that leads to, what we call â€Å"Becoming One†. Technology innovation is the main factor of this process. It brings people and cultures up together and by doing so they learn and enjoy each other’s way of living. The process seems to be long and basically changing us and bringing in front what we can consider positive or negative effects. People from different cultures in fact might have conflicts when working together, or they might share experiences and improve their selves. Cultures intercept each other to exchange knowledge, traditions and experience and history has taught this to us. On the other hand has also taught us that cultures exchange goods. At this point we come to the creation of a distinct concept; Cross – Cultural Management. Cross-Cultural Management â€Å"Cross-cultural management explains the behavior of people in organizations around the world and shows them how to work in organizations with employees and client populations from many different cultures.† (Kawar, 2012) Multinational companies existed as early as 2 000 B.C.; the Assyrians, the Phoenicians, the Greeks and the Romans – they all had their own version of globalize trading. Multinational Management is getting more and more necessary for all kinds of branches as the global market is shrinking. In the past century operation between advanced industrial countries had it up and downs. Because of the two world wars this partnership came to a halt. This wars, on the other hand gave a boost later on to the global market. After and between the two wars the World Bank was Created, International Monetary Fund and General Agreement on Tariffs and Trade and after the Berlin Wall fall new markets were opened to the free trade. These new emerging markets gave chances and opportunities to the business sector to increase their revenues. In fact every country has its culture and makes them distinguishable from each other, as in fact every country has its middle class that was and is willing to buy more international products and services. The need to decrease the costs without affecting the revenue but on contrary increase them makes the global entrepreneurs to invest and construct th eir plants in locations that provide lower cost of production. While companies grow and enter the international trade, their size increases with their earnings. When this happens the companies need to established their activity overseas and after than monitoring their activities across the border. This is in fact where cross-cultural management enters on the stage. Under these circumstances more and more the need for management is needed in the operations abroad. Managers often are part of the shareholder’s nationality, in other words an American business in Albania will definitely send an America citizen to manage their operations in Albania. The cultures are different between the two countries and this diversification brings up its problems. Problems â€Å"Cross†?!?! Dealing with people from different cultures and nationalities has its own problems. The main problem that Cross-Cultural Management faces is barriers. Barriers complicate the ongoing of operations and processes and tend to create mostly misunderstandings. The main barriers are: Language Culture Company Culture Language is the first tool when interacting with people. English is accepted as the international language all around the world and business has embraced this idea, but every country uses its own language firstly when dealing and communicating. Having said so, people have to learn first English even though it is not enough. The problem here is that words can lose their meaning when translated and the thought also. Culture also creates a huge barrier by its set of values, language, behavior, business ethics, expected etiquette or expressions. So if a manager operating in a foreign culture does not know the differences in the hosting culture, his or her message can be misunderstood. Company Culture mainly is considered as the norms and expectations that a company implies. This includes policies and specific procedures, the basis of a company’s culture. When a company enlarges its operations it is needed to find a connection between the cultures in order for the company culture to be accepted by the hosting culture. Culture shape Cross-Cultural Management! The vast part of a culture is absorbed by people during their childhood by the interaction with the surrounding people and environment and by doing so it helps people live within their society. Culture can be found on four different levels: National Level has to do with the differences between cultures in a national point of view. It deals with the values that people learn during their early life that becomes unchangeable and saint for them. Organizational level is the culture that is created within an organization and that is superficial. This culture is different from the company culture because it can change from an organization to another within the same country. Occupational level deals with different cultures created within an organization. This means that different cultures can be created in all departments of an organization. Gender level has to do with the cultures men and women create within their gender. This level can be defined as the most common one. In fact all the upper paragraphs are a theoretical overview of Cross-Cultural Management and this is what generally happens around the world but will all this theory feet in the Albanian reality. To give an idea about this point an Albanian case is presented in the second part of the paper. Part II EDUCATIONAL CENTRE RESEARCH Presentation of the Problem There are differences in cultures in general between countries, in addition to this there are differences among working countries as well. The problem is how this affects the way of managing the organization. Educational Centre is a company that operates in six countries: Albania, Bulgaria, Moldova, Rumania, Montenegro, and Serbia. It is a Greek company and it has succeeded well. It is interesting to see how the different Bookshops are dealing with culture differences. Educational Centre main office is placed in Thessaloniki, Greece and it has branches in six countries. We will concentrate our thoughts on the below: Are there any differences in how the six offices in the different countries are managed? If yes, are they a result of national business culture differences? If not, why are there no differences? Purpose The purpose of this research is to get an insight on how difficult is to manage a company across cultures. The purpose is to come up with a result that will reflect this or with a solution to dealing with differences. Countries of Study The countries in the study are the branches of Educational Centre in six countries: Albania, Bulgaria, Moldova, Rumania, Montenegro, Serbia Research Method There are different approaches in developing a research paper. We have chosen the qualitative method which is more about having long interviews with a smaller amount of people in order to get more detailed information. The purpose of this method is to receive thorough descriptions and it is very useful when you do not know much of the phenomenon, or very small amounts of researches have already been done, as in the case of Educational Centre. Although the qualitative approach does not give any foundation, which can be used as a generalization for results. The purpose of the research is to get more thorough knowledge and understanding how Educational Centers in six countries , the qualitative approach will be used with a deductive approach. Six branch managers in six countries will be interviewed. The selective selection of the interviews has been on the purpose of getting in contact with people that have great insight on how things work in an Educational Centre. So the analysis of the Qualitative approach will consist: Type of Data: Qualitative data, text sections which illustrate theoretical variables or categories Flexibility: Big Data and analysis: Interpret , in consecutive order and integrated with data collection Use beyond the concrete examination: Transferability All the interviews were intended to be filled in an sent back by email but in the end we had to Skype called and filled in with the answers. What is culture? Culture is a set of basic values, perceptions, wants and behaviors, related to achievement and success, activity and involvement, efficiency and practicality, progress, comfort, individualism, freedom, humanitarianism, youthfulness, fitness and health. Culture is the most basic cause of a person’s wants and behavior, learned by a member of the society from the family, his own life experience and other important institutions; COMPANY CULTURE? Organizational Culture: is the set of values, norms, standards of behavior, and common expectations that control the ways individuals and groups in an organization interact with each other and work together to achieve the organizational goals. The History of Educational Centers The Educational Centers were first opened in Rumania and Bulgaria in 1992 (at that time known as Oxford Centers) providing the exclusivity of Oxford University Press in both ELT and Academic publications. Mr. Petros Papasarantoupoulos is their owner. Later on in 1994 they opened the offices in Serbia, Montenegro, Albania and Moldova. The business has increased rapidly by the novelty it offered in six countries which before 1990 were all isolated to foreign publishing’s and were eager to leering foreign languages which was totally forbidden in communist times. In the coming years the business was going to expand to more than just an International Bookshop. It was going to Provide International Exams and International Qualifications for Teachers which was so much needed in order to meet the international standards. The Vision of Educational Centers Expand and the success of the business was due to a vision which Educational Centre followed: BETTER BOOKS, BETTER SERVICES. This was the philosophy everybody had to be focused how to be better. The Educational Centre Organization The company has such a flat structure. The Central Office is in Thessaloniki Greece and the branches are in the below countries directly depending on the Main office Thessaloniki: Educational Centre Albania Educational Centre Bulgaria Educational Centre Rumania Educational Centre Serbia Educational Centre Montenegro Educational Centre Moldova Results and Analysis It is important in analyzing the central office and the inspiration that this central office located in Thessaloniki is transmitting to its subordinate, Managers in six countries. Out of the questionnaire that is Appendix 1 at the end of this research paper resulted that , The global manager was a skilled one and he almost always took care of all the skills he is required to have in order to be successful. He paid too much attention of the regional differences in terms of subordinate and much more attention in terms of suppliers in international cultures. Attention was paid to his subordinates in terms of respect and always asked for the best possible to include all his managers in setting strategies and being involved in team decisions. So ethical values that they should respect in the company were central to the CEO of Educational Centers . Business Culture Due to the fact that almost all of these countries were mainly coming out of the Communism effects in the 1990s they were relatively quiet new to business culture. While people in Greece, from antiquity, have been quite skilled with business and trade. A new culture was imposed to these people in the all these countries. They were more than open to a new business and especially focused in Foreign Literature. But there was needed a knowhow to settle it in a conservative market. The imposed culture in all these countries has been almost similar but being adapted in the way it could have been most successful. The results given in this table are coming as an analysis of the questionnaire given to the Managers in all these countries, revealed in the Appendix 2 in the end. In the analysis you will see that there are some slight changes between management in some countries due to the slight cultural differences. The Analysis In all these countries as we may see there are a lot of similarities. First of all the structure is flat and the people are freely invited to talk to local managers and express their opinions. Every company uses first name based communications, which makes the atmosphere more warm and human based. The employee seems to be trusted only 10% turnover seems to be present in some countries, which means that people feel comfortable and happy to work for the company. The company pays attention to the worked by organizing trips and meetings which helps so much in building the team spirit. An important impact from the analysis is also the values inside the company. People from the selection phase before entering the job are requested to be honest, responsible, loyal which are important in building a team spirit inside the companies. Although may be slight changes in the order and qualities requested as the most important in a company. But they all are important and they all respect an inspired top management atmosphere. Cross Cultural differences There may be seen slight changes in the way people from these different countries see their colleagues in the other countries concerning the way they express their emotions. Some countries are more open than the others, but what is important is that they all pay attention in respecting their colleagues in other countries. We may also have to take into consideration if these is all the work of them or is an inspired leader to dictate their way? If we base our self at Appendix 1 analysis we will see that the figure of the Top Management shows how much are taken in to consideration the differences between cultures before making a decision and all the skills required to be a good manager in a cross cultural environment. Being a successful manager means: Gather information information about other cultures Have an open-minded approach to different cultures and values Show cultural differences and make the others aware of them and understand and gain valid experiences from them Learn from other cultural experiences and train people to attend cross cultural training and sessions All the above points are some of the most important noticed at the Educational Centre Top Management characteristics, which make him a skilled Global Manager. Results The noticeable result out of the research was that between Educational Centers in these countries tried hard to keep a unique culture, norms and values. The way that this is shown is that in every Educational Centre, everyone is participating in team building activities. The way they are all coping with cultural differences is very inspiring; it may seem somehow restricted to the Top management way. It is how they are working on preserving their own values and norms that are remarkable. From the very first day as an employee you will feel the culture and values within the institution, if you are not in tune with them they will be enforced upon you. So a newcomer will by rule follow the company trainings and then the sister companies trainings until being part of a trained team. The managers also participate in routine checkups to ensure that the staff is living by these norms, the staff answers questions regarding if the managers are working by them as well. You could say that Educational Centre does not fail on the aspect of taking in mind other countries’ cultures. They know about the different cultures in the countries where they enter, in order not to offend anyone. But they go on by imposing a similar culture. It is almost impossible for Educational Centers to offer what market offers, they have to be unique in what offer and their concept – it has been a winning concept so far. The main concerns for these companies, such as Educational centers, are to make sure they have strong culture on their own. They should have clear values and norms and this should be diffused throughout the entire organization. It is also necessary that everyone feels comfortable making their voice heard working in an environment with differences in cultures. If they would not be so open in the organization and having such a flat hierarchy there probably would be a lot more complications. References Publishing References Cross Cultural Management, Ray French , second edition, cipd Ajohannssen and P.A.Tufte 2003 Hofstede , Geert and Hofstede , Gerty Jan 2005 Interviews: B. Mucollari – Educational Centre Albania(Manager) R. Saric- Educational Centre Serbia(Manager) G. Puerda – Educational Centre Romania(Manager) T. Cernoc- Educational Centre Moldova (Manager) Bogovac – Educational Centre Montenegro (Manager) K. Tetova – Educational Centre Bulgaria (Manager) http://uscivilization.wordpress.com/2011/10/08/01/ Kawar, T.I (2012). Cross-cultural Difference in Management.Journal of Business and Social Science , 3(6), 107.

Standard Oil 1911 :: essays research papers

Standard Oil Case of 1911 Out of the cases decided by the Supreme Court I feel the most influential dealt with the issue of Civil Rights. Two cases in particular that dealt with the post Civil War use of the Thirteenth Amendment were Jones v. Mayer, 1968 and Runyan v. McCrary, 1976. Although the Thirteenth Amendment was added to the constitution in 1865 it was not fully put to use until one hundred years later. That is why I feel that the judgements made by the Supreme Court in these two cases was necessary and showed the way our government can evolve to fit the times. The thirteenth stated that slavery would no longer be allowed in the U.S. unless used as punishment for a convicted crime. After the Civil War many civil rights laws were passed based on the Thirteenth Amendment but were later repealed. Congress drew the conclusion that racial discrimination did not place blacks in servitude. For years after it was believed that Congress did not have the power under the amendment to deal with racial discri mination. In the Jones v. Mayer case of 1968 helped to bring back the power of a lost Thirteenth civil rights law. The law stated that all citizens of The United States had the right to purchase, sell, or rent any territory that could be enjoyed by white citizens. Jones had sued Mayer because he refused to sell him a home because he was black. The Court decided for Jones saying the Thirteenth Amendment abolished slavery and gives to Congress to abolish the "badges of slavery." In the 1976 Runyan v. McCrary case, two black students had been refused admittance into two private schools in Virginia. The Court applied another 1866 law that stated all citizens of The United States had the right to make and enforce contracts as do white citizens. Since the schools went against their publicly advertised admissions contract the Court decided for the students. These two cases are very influential because they used the Thirteenth Amendment to give Congress the right to do away with any rem aining "Badges of Slavery." Two cases that were not justly decided were Plessy v. Ferguson and Michael M. v. Superior Court. In Plessy v. Ferguson the Supreme Court decided that having separated but equal facilities was constitutional and did not inflict a "badge of slavery." However this gave people the right to segregation and discrimination which is unconstitutional.

Ear Disorder Essay -- Health, Impairments

Ask Mr Sylvester about his hearing and does he have any ringing in the ears, if this is the case we can refer Mr Sylvester to the Doctor's for ear testing. Scott,K,. Webb,M,. Sorrentino,S,. Gorek,B,(2007). Ear disorders can disrupt hearing and balance. Temporary hearing loss can be from a build up of wax (cerumen) blocking the ear canal, hearing will improve instantly once the wax has been removed and this can be do by doctor or registered nurse whomever you feel more comfortable with, retrieved from journal on Hearing loss (2011). A person may not even notice that they have a hearing problem as this can occur gradually, others may notice the difference first, by seeing changes in the person's behaviours, such as leaning forward to hear, asking question to be repeated, cupping ears for better hearing. Hearing is one of our main sensory's and a loss of hearing can affect one's mental health and emotions, hearing loss especially in the elderly, tends to lead to social isolation, depression and withdrawal from daily living stated by Bance (2007). Hearing loss may affect your quality of life and presents a safety concern. Age-related hearing loss is not life-threatening as written by Hua ng (2007). Hearing issue, symptoms of hearing loss are speaking: too loudly, leaning forward to hear, turning and cupping the better ear to hear, answering questions inappropriately or asking for words to be repeated. Do not assume or pretend that you understand what someone is saying. Scott,K,. Webb,M,. Sorrentino,S,. Gorek,B, (2007). Build a trusting relationship with the patient, introduce yourself to Mr Sylvester and ask him how he wishes to be addressed. Explain your role, Be honest with all your interactions wit... ... Any form of clutter in the home environment needs to be removed and stored properly, elderly people can easily trip over rugs and mats, these can easily be removed or tacked down for safety, they must be in good condition and not frayed or in disarray. House needs very good lighting and handrails for stairs, or ramps preferably. Environmental factors may need to be adapted for safety. Fire hazards such as papers, books should not be kept in the kitchen near stoves or any electrical applicant this was explained in Crisp and Taylor, (2005). Most injuries occurred with older people are, falls and burns this is due to Advanced aging and the physiological changes in vision, hearing, mobility, reflexes, circulation and the ability to react quickly. In the words of VISION 2020, â€Å"the right to sight has no age limit† Chu & Kaldenberg & Huefner,(2009).

IT and Customer Relationship Management Essay

Read the Harvard Business School case for Maru Batting Center, # KEL688. The optional technical note, Using Customer Relationship Management to Analyze the Lifetime Value of a Customer #KEL695, can also help walk through the exercises. The data in Excel format is available for download in the course package, #KEL691. Answer the questions below based on only information presented in the case and your understanding of the case. You may answer the questions in either essay or bullet points form. Be concise and substantiate your answers with logical arguments and flow of thoughts. Question 1 What is the customer acquisition cost for Maru Batting Center (MBC) for the following customers? a) A Little Leaguer b) A Summer Slugger c) An Elite Ballplayer if MBC places the ad in the local baseball enthusiasts magazine d) An Elite Ballplayer if MBC purchases the List and invites all target customers to the gala event e) An Entertainment Seeker Question 2 Without discounting cash flows to take into account the time value of money, how soon will MBC break even on the following customers? a) A Little Leaguer b) A Summer Slugger c) An Elite Ballplayer if MBC places the ad in the local baseball enthusiasts magazine d) An Elite Ballplayer if MBC purchases the List and invites all target customers to the gala event e) An Entertainment Seeker Question 3 Taking into account the time value of money and assuming that 100 percent of a customer segment will have experienced attrition once the net present value of annual profits per customer falls below  ¥100, what is the lifetime value to MBC of the following customers? a) A Little Leaguer b) A Summer Slugger c) An Elite Ballplayer if MBC places the ad in the local baseball enthusiasts magazine d) An Elite Ballplayer if MBC purchases the List and invites all target customers to the gala event e) An Entertainment Seeker Question 4 Little League representatives have approached MBC from the nearby Chiyoda ward who are eager to gain the jersey subsidy the Minato ward has enjoyed due to the company’s sponsorship. Because the parents of Chiyoda Little Leaguers will have to travel a greater distance, Maru believes there will be a lower response rate (8 percent) and a lower retention rate (65 percent), which she can make up for by purchasing slightly lowerquality jerseys, reducing the cost of sponsorship to just  ¥600 per player. However, the Chiyoda ward representatives demand that theirs be the only ward receiving such a sponsorship, which means MBC must choose between the two wards. The Chiyoda representatives argue that because their ward has twice the number of Little League customers, it is more attractive than the Minato ward. Should MBC pursue the Chiyoda ward sponsorship? Explain your reasoning.

Reflection on My Learning Styles Essay

How do they reflect on my learning? I will try to do my own research for information but will ask others for their opinion whenever necessary. I tend or try to approach things with a constant logic, taking things step by step, considering all factors before coming to any conclusion, trying to leave nothing out. I act thoughtfully but efficiently and try and get on with my learning, taking my time over work to perfect it the best I can. I often question myself, does my work make sense? I may offer interesting ideas and concepts even when it may not be directly relevant at the time, but sometimes get worried when hurried or put under undue pressure. I find it difficult when I’m put on the spot or in the limelight; this makes me feel uncomfortable and pressured, as fast thinking isn’t a strong point. Although this may be more down to a lack of experience of being in this situation. What will this mean for my learning? This means I will take a step back to observe and listen to others, thinking before acting. I take time to explore and prepare between ideas, reviewing what I have learned and coming to a conclusion in my own time. I get my work done by due deadlines required but sometimes find it hard to work under pressure or in noisy areas. I need coaching and feedback at times to point me in the right direction and sometimes need things explained in a simple manner, sometimes in depth. What does this mean for me as a practitioner? I will take my time to think about activates to make sure I have covered all angles and with the experience of how things went. I will come to a conclusion at the end when I have had time to think it back; could I have done that better? Were the children interested? Would they like to repeat the activity again? After being on courses or observing others, if its good idea, I will implement it to my practices and give it a trial as I’m keen to try out new ideas. I will model ideas and take turns in activities. I will take on other people’s points of views without making any judgement, giving direct instructions on how things should be done.

Organizational Forms Essay

There are several types of organizational forms that a business can choose from. Each form presents pros and cons that may or may not be suitable for a particular business. This report will review characteristics such as: liability, income taxes, longevity or continuity, control, profit retention, location, convenience and burden for each business form and how they differentiate from the different types of organization forms. Sole proprietorship A sole proprietorship is the most common business form. A business is a sole proprietorship if it is not incorporated, meaning that a separate legal entity is not created for it. An advantage of forming a sole proprietorship is that it is the easiest and least expensive business form. a.Liability: A sole proprietorship does not excuse the owner from personal liability. If the business fails, the owner is responsible to the creditors and may lose personal assets. b.Income Taxes: The profits and losses of the business go through the owners’ personal tax return. This can positively or negatively affect the owner depending on what the profit and losses of the business are and what other sources of income the owner may have. c.Longevity or continuity: If the owner dies the company cannot continue on. If the owner decides to leave the company, then the company will also cease to exist. d.Control: In a sole proprietorship the owner has full control of the business. e.Profit retention: The owner receives all profits in a sole proprietorship. f.Location: When a business is a sole proprietorship the owner can move the business to any location. The only fee may be if changing states or county and the business is operating under a trade name, then the owner will have to pay the relatively small fee to operate as a DBA (â€Å"Doing Business As†). g.Convenience or burden: There are not any extra burdens when operating as a sole proprietorship. The owner does not have to meet any special reporting or regulatory requirements. There are not any special tax requirements or restrictions. The business profit and losses are filed with the owner’s regular tax return. General partnership A general partnership is between two or more owners of a business that is not incorporated. a.Liability: Each partner is held personally liable for the debts of the business regard less of fault. b.Income Taxes: Taxes are reported on each partner’s personal income tax return, so any profits made by the company are treated separately from the individuals’ income, but included. c.Longevity or continuity of the organization: A general partnership lacks continuity. If a partner leaves and his or her shares cannot be bought by the remaining partner, then the business must close. If a partner dies, their heir can be paid for the value of their share of partnership, but cannot continue with business. d.Control: In a partnership control is equal between all the partners. This can be difficult when a company has many partners or partners that don’t know each other. If a change is made without consulting with the other partners that can cause friction between the partners, so it may be best to include all partners in all decisions. e.Profit Retention: Profit is distributed equally between all partners and so is any loss. f.Location: A general partnership is fairly easy to setup and move. There are not any special forms that need to be filed with the state or county to form a general partnership. There only has to be at least two people to make up the partnership. g.Convenience or burden: Since there are not any special filings that need to be done for a general partnership, it is very convenient. Limited Partnership A limited partnership is partnership that does not hold the partners personally liable for the business debts. a.Liability: Limited partners are not held personally liable for the business debts. b.Income Taxes: All profits and losses are passed through each partners’ individual income tax return. The company does not pay taxes. c.Longevity or Continuity: Limited partners can freely enter and leave the company. The company can continue if a limited partner leaves. d.Control: In a limited partnership there are limited partners and general partners. The general partners manage the partnership. e.Profit Retention: Profits are distributed to the partners based on their contribution and pass through to the partners, who in turn report the profits on their individual tax return and pay taxes at their individual rate. f.Location: When a LLP is formed or if it moves, then it must comply with state filing requirements. A LLP must file a Certificate of Limited Partnership with the appropriate state agency. g.Convenience or burden: A LLP can be convenient because it attract capital easily, it offers limited liability to partners, easy transferability of partnership, and pass-through taxation. C-corporation A C- corporation or a â€Å"privately held corporation† is a company whose stock is not publicly traded. a.Liability: A business owner is not personally liable for the company debts and is protected from lawsuits and judgments against the business. b.Income Taxes: C-corporations are double taxed. The IRS taxes the company profits and tax any dividends paid to shareholders. c.Longevity or Continuity: Even if the owner leaves or dies, the C-corporation being a separate entity can continue to go on. d.Control: Management is shared between the shareholders. e.Profit Retention: Profits are usually kept within the company and not distributed to shareholders. f.Location: A C-corporation must follow state filing requirements in each state that it wishes to setup in. This can be very costly. g.Convenience or burden: An advantage of a C-Corporation is that it provides the best protection for the owner against the company debts. A disadvantage is that it can be costly to establish. S-corporation S-corporations are a separate entity from the owner. It offers the owner limited liability, but the tax structure benefit of a partnership. a.Liability: The owner an S-corporation is not held personally liable for any debts or judgments incurred by the company. b.Income Taxes: In an S-corporation, the profits and losses of the company are passed through to the owners and shareholders and reported on their personal income tax returns and taxed at their individual rates. The company itself is not taxed. c.Longevity or continuity: Like a C-corporation an S-corporation can continue on, if the owner leaves or dies. d.Control: A board of directors manages the company through officers. e.Profit Retention: Generally in an S-corporation the profits are passed on to the shareholders. f.Location: An S-corporation must follow state filing requirements in any state that it wishes to setup in. g.Convenience or burden: An S-corporation can be convenient, because it provides the owner and shareholders protection from company debt and they save on paying taxes on profit, but it can be costly in setting up. Limited Liability Company A Limited Liability Company is similar to an S-corporation in that it offers the limited liability of a corporation, but the tax structure benefit of a partnership. a.Liability: Owners and shareholders are protected from personal liability for the business debts and judgments. b.Income Taxes: Profits and losses are passed through to the shareholders and filed on their individual income tax returns. c.Longevity and continuity: An LLC can continue if a member leaves, but the LLC must pay the member the value of their interest. d.Control: An LLC is managed by its’ members. e.Profit Retention: Profits are passed on to the members. f.Location: A LLC must follow state filing requirements for any state it wishes to setup in. g.Convenience or burden: LLC offer a very flexible structure. It also has no limitations on the number and kind of owners. It can be very expensive to form and because it is so new, it can be more complex. Bibliography Book: Beatty, J. & Samuelson, S. (2007). Business Law and the Legal Environment: Standard Edition, 4e. Mason, OH: Rob Dewey Web site: Perez, W. (2009). Protect Your Business Profits by Incorporating. About.com. Retrieved March 20, 2009, from http://taxes.about.com/od/taxplanning/a/incorporating.htm Corey Pierce, J. (2002-2004). Business Startup: Where to Begin & How to Grow. Businessfinance.com. Retrieved March 22, 2009, from http://www.businessfinance.com/books/StartABusiness/StartABusinessWorkbookTOC.htm PART B interoffice memorandum to:Owner subject: Business organization date:8/10/2013 There are many different types of business forms. After reviewing them all, I have come to the conclusion that an S corporation will be the most beneficial to you company. An S-corporation is a separate legal entity and protects the owner and shareholders from personal liability and offers benefits with its tax structure. This memo will address issues that are important to you and the advantages provided to you by forming an S-corporation. You expressed concern regarding your personal liability and whether or not if the company was to be sued- you did not want to possibly lose all of your personal assets. With an S-corporation you are protected from losing your personal assets if a company is sued for negligence by an employee or subcontractor. If the company were to default on debts, your personal assets are protected from creditors. Funding will also be fairly easy to obtain with an S-corporation. With an S-corporation, you will be able to sell stock in the company to increase capital assets to help with you expanding. You will be able to sell as much or as little of your companies’ stock as you wish, once a stock value is determined. An advantage to selling you company’s stock beside the increase in capital is that you are also able to retain control of the company when issuing stock. The profit that your company earns will be distributed to the shareholders, but with an S-corporation, shareholders are only allocated the profit and losses equal to the amount of their investment. The profits and losses are passed through to each shareholder and filed on their individual income tax returns. The company itself is not taxed. Also, with an S-corporation, if you were to pass away, the company would have continuity. The company would not have to dissolve and you. The stock that you own in the company can be transferred to an heir or transferred by the sale of all or a portion of the stock. Based on these findings, I recommend you to form an S-corporation for your company.