Corporate Accounting Business Responsebility and Activities

Question: Describe about the Corporate Accounting for Business Responsebility and Activities. Answer: 1. Part A [1]In the recent times, the increasing numbers of companies globally have led to the importance of issuing environment and social reporting for the increasing interest of corporate social responsibility activities initiatives taken by the company. It is often criticized that several companies are known to cause social problems and can bring animal in the environment through pollution, violation of workers right, depletion of resource and increased carbon emissions. The increasing attention of these issues has been brought into the public sphere. Due to the aforementioned problems, the reporting of corporate social performance has become one of the most crucial activities in reporting of environmental and social report[2]. The management has taken several steps to increase the lack of reliance on information that is voluntarily issued by the companies and its actual contribution made in the society. The motivating factors in general include the economic considerations of the company. The reporting of CSR activities have a significant amount of impact on the reputation and brand management as CSR acts as following up of the social responsibilities internally. The CSR activities are further observed to bring transparency in the ethical considerations[3]. Several Australian companies such as British American tobacco Australia Limited, Philip Morris Australia Limited and Imperial tobacco Australia Limited are known to engage in reporting of CSR activities for ethical sensitive activities performed by the company[4]. As per the companys corporate report the principal message behind degeneration of the environment report is to measure the base management and energy consumption from the manufacturing of the p roducts. Some of the companies motivating factors are also seen in building improve relationship with the government by having stringent procedures for controlling carbon footprint and reduced pollution[5]. It is important to note that the process of CSR reporting is more prominent in the environmentally sensitive industries, which has to deal with several types of ethical issues and use CSR as a means of communication with the stakeholder via media and SRI investors. Hence, we can see the motivating factors of the CSR have been observed not only for reporting to the government about the ethical adherence but also the stakeholders are able to know about the several types of the ethical initiatives taken by a company. The overall motivating factor of the CSR reporting has been seen in increased shareholder value and access to capital[6]. The CSR reporting has also led to improvement in reputation and brand management of the company as a whole. Based on several research techniques it is interesting to note that the motivating factors change from industry to industry[7]. For example, the motivating factor in environmentally sensitive industry is seen with increased value of the shareholder and access to capital. On the other hand, the supply chain sensitive industrys motivation for environment reporting is done for the purpose of reputation and brand management. The industries, which are related to ethical sensitive issues the most important motivating factor is seen in the risk management. Lastly, the corporate governance sensitive industries have the motivating factor through increased access to capital and shareholder value. These industries are often able to improve their reputation and brand management through the disclosure of a strong environment reporting[8]. Part B The vision of the company is to be among the most successful enterprise and fulfill the requirements of the customers by making available. The vision of the company also includes the inclusion of the best technology. The analysis of the corporate sustainability report 2013 of the Toyota Motor Corporation shows the incorporation of technologies such as plug in hybrids (PHV), electric vehicles and vehicles running with fuel cell [9]. The mission statement of the company aims to develop the technologies in reducing the energy requirement and diversifying the energy requirement. The company has taken several initiatives in the production and the logistics activities focusing on reducing the carbon footprints and CO2 emissions[10] According to the sustainability report, Toyota Motor Corporation has engaged itself to define the future mobility as a part of the social system specified under WBCSD. The two pillars of the company for the motto of continuous improvement and respect for the people is associated to all the stakeholders of the company. This is respect to the character and the capabilities of the employees as then individuals. This is also relevant with facilitating the personal achievements on the basis f the linking of the personal growth of the employees associated to the performance of the company. Toyota further works to take into consideration the viewpoint of the stakeholders and undertaking the measures to show the views in the management. The corporate governance statement given in the sustainability report shows the company works to build a positive relationship with the stakeholders and the shareholders [11]. The governance mechanism to address the sustainability was emphasized with frontline operations and monitoring based on multi directional approach of the shareholders with the audit and the supervisory board. The company also works with the International advisory board and the various types of the labor management council. The governance mechanism works on positioning of a stable and long-term growth for the purpose of the top priority in the management. As per the corporate governance report Toyota motor Corporation believed on a global vision which focused on the sustainability of both environment and society. The company has taken major initiative in manufacturing and development of environmental friendly hybrid vehicles. Furthermore, it has taken several types of initiatives for the social contributions, which focused on traffic safety and education[12]. These activities are based on centered focus on the automobile manufacturing and designing of vehicle technologies, which will help people in a wider community to bring happiness among the society as a whole. Furthermore, company has taken several initiatives seeking global harmony with people, environment and society through monazukuri. Some of the contributions of the company towards the society and environment include manufacturing of eco-cars, which aims to improve the global average relative efficiency. The company has also contributed in several ways for reducing the CO2 em issions by promoting integrated energy management initiatives and energy-saving production technologies[13]. 2. In the books of Matthew Ltd. Statement of Profit Loss and Comprehensive Income:- for the year ended on 30th June,2016 Particulars Note Amount ($) Sales Revenue 5,000,000 Other Operating Revenue - Total Revenue 1 5,000,000 Cost of Sales: Raw Material Used (2,200,000) Add : Change in Inventories of Work-in-Progress (125,000) (2,325,000) Less: Change in Inventories of Finished Goods (60,000) (2,265,000) Gross Profit 2,735,000 Employee Benefit Expense (950,000.00) Depreciation Expense (226,000.00) Amortization - Plant (25,000.00) Rental Expense (70,000.00) Advertising Expense (142,000.00) Insurance Expense (45,000.00) Freight Expense (133,000.00) Doubtful Debts Expense (10,000.00) Other Expense (8,000) Net Operating Income 1,126,000 Interest Income 22,000 Sundry Income 25,000 Earnings before Interest Taxes 1,173,000 Finance Cost 2 (30,000) Profit Before Income Tax 1,143,000 Income Tax Expenses 3 (320,000) Net Profit for the Period 823,000 Other Comprehensive Income/(Loss): - Total Comprehensive Income for the Period 823,000 In the books of Matthew Ltd. Statement of Change in Equity for the Year Ended 30/06/2016 Particulars Share Capital Retained Earnings Opening Balance as on 1/07/2015 1137000 310000 Add : Total Comprehensive Income for the Period 823,000 1,133,000 Less : Dividend Paid 210000 923,000 Add : Dividend Reinvested 41000 964,000 Less : Deferred Cash Flow Hedge 65000 Closing Balance as on 30/06/2016 1137000 899,000 In the books of Matthew Ltd. Balance Sheet:- for the year ended on 30th June,2016 Particulars Amount Amount ($) ASSETS:- Cash 4,000 Cash on deposit, at call 80,000 Trade Debtors 495,000 Less : Allowance for Doubtful Debts 18,000 477,000 Other Debtors 27,000 Closing Balance of Raw Material Inventory 320,000 Closing Balance of Finished Goods Inventory 385,000 Total Current Assets 1,293,000 Land 94,000 Buildings 220,000 Less : Accumulated Depreciation - Land Buildings 52,000 168,000 Plant Equipment 1,380,000 Less : Accumulated Depreciation - Plant Equipment 320,000 1,060,000 Patent 140,000 Less : Accumulated Amortization - Patent 50,000 90,000 Goodwill 620,000 Total Non-Current Assets 2,032,000 TOTAL ASSETS 3,325,000 Equity Liabilities: Bank Loan 92,000 Other Loans 450,000 Trade Creditors 452,000 Provision for Employee Benefit 120,000 Income Tax Payable 35,000 Deferred Tax Liability 140,000 Current Liabilities 1,289,000 Long Term Liabilities - Non-Current Liabilities - TOTAL LIABILITIES 1,289,000 Share Capital 1,137,000 Retained Earnings 899,000 Total Equity 2,036,000 TOTAL EQUITY LIABILITIES 3,325,000 Notes to the income statement of Matthew Limited: Matthew Limited is an Australian manufacturing organisation and aims to operate in the market for earning profit. The statement of comprehensive income has been developed based on the financial transactions for 52 weeks, which ends at 30th June 2016. The directors of the organization have assigned the authority to publish the statement. Compliance statement: The income statement has been prepared for common purpose, which is formed to comply with the AASB 101. The revenue has been disclosed to comply with the AASB 138 arising from the sales of the products and other operating revenues. The revenue is recognised and recorded at the fair amount, which is received or receivable. However, it needs to fulfil the criteria of recognition, which is discussed as follows: Sales Revenue: Revenue could be realised at the time the ownership rewards and risks have been transferred to the purchaser, which could be gauged reliably. Finance cost: The cost of finance is realised as expenditure, at the time it is attributed to big projects with adequate development and stages of construction. Income tax expense: The income tax expenses are calculated by looking at the current tax rate payable to the Australian tax authorities. Income from other sources: The income from other sources has been presented in the statement of comprehensive income to meet the disclosure requirements, as stated out in AASB 101. Notes to the balance sheet statement and statement of changes in equity: The statement of balance sheet and change in equity has been prepared to meet the global IFRS standard and satisfy the recognition criteria of AASB 101. These are discussed as follows: Plant and Equipment, Land and buildings: The plant and equipment, land and buildings are valued after deduction of depreciation charges based on the residual values and economic lives. Intangible assets: The intangible assets are valued after accumulated amortisation rates based on the residual values and assumed to have finite economic lives. Equity capital: The equity capital is valued after the consideration of dividends, retained earnings and amount raised from share capital. 3. In the Books of Mackay Ltd. Current Tax Worksheet for the year ended 30/06/2018 Particulars Amount Amount Profit before Tax 60000 Add : Entertainment Expenses 1800 Depreciation on Buildings 800 2600 Less: Depreciation on Plant: Depreciation for Taxation 7500 Depreciation for Accounting 5000 2500 Net Taxable Profit 60100 Tax Payable 18030 Journal Entry:- Income Tax Expense A/c. Dr. 18030 To, Income Tax Payable A/c. 18030 Income Statement A/c. Dr. 18030 To, Income Tax Expense A/c. 18030 Workings: Closing Allowance for Doubtful Debts 5500 Less: Opening Allowance for Doubtful Debts 4000 Allowance for Doubtful Debts for the period 1500 Closing Provision for Long Service Leave 6000 Less : Opening Provision for Long Service Leave 4500 Long Service Leave Expense for the period 1500 Closing Provision for Annual Service Leave 4000 Less : Opening Provision for Annual Service Leave 3000 Annual Service Leave Expense for the period 1000 Closing Rent Received in Advance 2500 Less : Opening Rent Received in Advance 2000 Additional Rent received in Advance 500 Reference List Belal, A.R. and Momin, M., 2009. Corporate social reporting (CSR) in emerging economies: a review and future direction. Research in accounting in emerging economies, 9, pp.119-143. Benn, S., Dunphy, D. and Griffiths, A., 2014. Organizational change for corporate sustainability. Routledge. Deegan, C., 2012. Australian financial accounting. McGraw-Hill Education Australia. Epstein, M.J. and Buhovac, A.R., 2014. Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers. Kim, C.H. and Scullion, H., 2013. The effect of Corporate Social Responsibility (CSR) on employee motivation: A cross-national study. The Poznan University of Economics Review, 13(2), p.5. Lacey, R., Kennett-Hensel, P.A. and Manolis, C., 2015. Is corporate social responsibility a motivator or hygiene factor? Insights into its bivalent nature. Journal of the Academy of Marketing Science, 43(3), pp.315-332. Lanis, R. and Richardson, G., 2012. Corporate social responsibility and tax aggressiveness: An empirical analysis. Journal of Accounting and Public Policy, 31(1), pp.86-108. Skudiene, V. and Auruskeviciene, V., 2012. The contribution of corporate social responsibility to internal employee motivation. Baltic Journal of Management, 7(1), pp.49-67. Supanti, D., Butcher, K. and Fredline, L., 2014, December. Understanding Managers' Engagement with Corporate Social Responsibility (CSR) in the Thai Hotel Sector. In Proceedings of the International Association for Business and Society (Vol. 25, pp. 91-96). Toyota-global.com. (2016). [online] Available at: https://www.toyota-global.com/sustainability/report/sr/pdf/sustainability_report13_fe.pdf [Accessed 7 Sep. 2016]. Toyota-indus.com. (2016). Vision Mission | Toyota Indus. [online] Available at: https://www.toyota-indus.com/corporate/company-profile/vision-mission/ [Accessed 7 Sep. 2016]. Zeiller, M. and Schauer, B., 2011, September. Adoption, motivation and success factors of social media for team collaboration in SMEs. In Proceedings of the 11th International Conference on Knowledge Management and Knowledge Technologies (p. 4). ACM.

Audit of Alex Blenheim Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Audit of Alex Blenheim Pty Limited. Answer: Internal Control System Meaning The methods which are applied by an entity and which give promise to accomplish the aims and objectives set by an entity from its business processes are called as internal control system of an entity. It helps in attaining the goals of efficient and effective reporting by management and auditor about the affairs of the company, proper and timely compliance of rules and regulations lay down by government. Internal Control Weakness The internal control weakness is defined as a deficiency in the systems designed and employed by an entity to ensure effectiveness in the working of an entity in relation to aim and objectives set by an entity. In the given case of Alex Blenheim Pty Limited, to assess the weakness in internal control system firstly the assessment of internal control environment and its effect on company policies and procedures is require to be done. Evaluation of Clients Internal Control Environment The control environment of an entity is base for efficient and effective reporting of the financial and non financial matters to the stakeholders of entity both internal and external for achievement of aim and goals set by strategic objectivities if an entity and it is the foundation of effective control system in an entity. The Alex Blenheim may objective is to reduce the cost of goods to company including the overheads costs or by achieving the high volume of sales as the company is low margin company. The company is planning to reduce the levels of inventory, early receipts from debtors and early payments to creditor to increase the working capital margins of the company. The company is maintaining very goods internal control policies in relation to Inventory of Raw Material, Work in Process and for finished goods. The company is maintaining the computerized system of internal control of inventory. It contains all the five elements which are required for good internal control system. The elements of good internal control systems are Control environment, Entitys risk evaluation process, information system, control activities and review of internal controls to reduce the weakness of controls are presents in company internal control policy of inventory.(Scaldeo,2013) Weakness in Internal Controls of Company in respect of Inventories A good internal control in relation to inventory involves the controls which enables an entity to: Prevent inventory from loss of wastage and theft Make certain that an entity is complying with policies lay down by management of the company and compliance with applicable laws All the employees are working with the aim to make control system effective and assessment of their work Guarantee about the reasonable results with accurate financial information and financial reports. If any of the above is followed in making controls of inventories, there is weakness in controls relating to Inventory. The following are weakness in the internal control of inventory in Alex Blenheim Company: No Substitution in case Computerized System failure The Alex Company is majorly depending on its computer system for controls in relation to inventory. In case of electricity failure the computerized systems will not work resulting in temporary failure and company is not able to ascertain any of the information. Codes in Master File The process get terminated when the codes are not matched with master file result in failure of scanning process by store staff. Also if production controller fails to judge and update any of the details relation to stock code, supplier codes or sub contractor codes then the inventory cannot be processed in the system maintained by company making it most important weakness of internal control of company. Non review of Duties of Segregated staff- There is no review policy adopted by the company so the accuracy of the data entry by different personnel of the company cannot be checked and may result in frauds and errors. Training cost In the given system of the control of inventory the training cost of different staff relating to stores for raw materials and finished in addition to the staff for production and accounting. To ensure that the job done by each personnel is perfect a proper training is require for each employee which increases the costs to the company and defeating the main object of reducing the cost of company Impact Of Weaknesses In Internal Control The weakness could impact the working of an entity and hampers the ultimate objective of the company which the company is required to achieve by implementing the controls systems. The weakness can damage the effectiveness and efficiency of business control environment which are root causes for business risks in any business. The major impacts of weakness are: Frauds and error The non existence of any particular code for an inventory results in failure of process and the employees can collide and create the burglary of inventory at different levels at store level of raw material and finished goods. Also if the employee punched the wrong code then also there are chances of errors in valuation of inventory. Corruption of Data In lacking of reviewing the work of employee, there may be high chances of inaccurate reports and financial data generated from inventory systems. Less assurance from Government authorities- By having weakness in control systems of a company, the government authorities is not able to create reliance on the compliance system of an entity. Non efficient employees- Since the efficiency level is not measured by company by any tools then there are chances of having non efficient employees in an entity and they will not work in accordance with aim of reducing the cost of carrying an inventory. (Strand ,2014) Steps Taken To Reduce The Imapct Of Risk In Internal Control System The following are the steps taken by an entity to reduce the impact of risks in internal controls: Review of the work of the staff in the company after particular interval by the managers of the company to whom the subordinates report. Checking of work of production controller and account clerk in relation to master file amendment particular period by another higher manager of the company. External Audit by qualified professional of the internal control policies of the company on periodic basis in addition to review on financial statements. The unbiased outside third party helps in identification of errors and inconsistency present in the control systems which can help the management to know the accuracy of the financial data. Proper Documentation trail is required to maintain for each every time like proper records to maintain for recording of the stocks which are not mentioned in master file. (Feng,2014) References Feng, M., Li, C., McVay, S. E., Skaife, H. (2014). Does ineffective internal control over financial reporting affect a firm's operations? Evidence from firms' inventory management. The Accounting Review, 90(2), 529-557. Salcedo, C. A. G., Hernandez, A. I., Vilanova, R., Cuartas, J. H. (2013). Inventory control of supply chains: Mitigating the bullwhip effect by centralized and decentralized Internal Model Control approaches. European Journal of Operational Research, 224(2), 261-272. Strand L, (2014) , 10 Common Internal Control Deficiencies Found in Small Business available at https://www.lbahs.com/blog/bid/397513/10-common-internal-control-deficiencies-found-in-small-businesses accessed on 06/05/2017

Identity and Calling Reflection Essays - Christianity, Religion

Identity and Calling Reflection I found it very hard to reflect on what I was passionate about this week, because as a student we get so preoccupied with upcoming midterms, assignments due, meetings to attend, and family to take care of. In my life there is not a lot of time for resting and pondering what I am passionate about, apart from a few times I get each week to myself. As an introvert I need time to recuperate from all of the social interaction during the day, so I make it a rule for myself that I do not do homework or really interact with anyone past 9 or 10pm, which might sound a little out there and unusual, but it really works for me. I get to watch TV, play my guitar, spend time with my family or spend time with God, and it helps me prepare for the next day. During these times I've been able to think of what brings me joy and satisfaction, and that is in spending time with my friends or family, talking about God's provision. It may sound overly spiritual or like I'm putting on a show, but just journaling to the Lord about my day and being able to share what God has been doing in my life and the life of my friends and family brings me so much joy. I am passionate about making others feel loved, and even more about people who are lost that get to hear the story of them being found in the Lord, and that any one and any situation is redeemable through him. I've seen a lot of friends who are simply dissatisfied with their lives because they don't have a father God who they can talk to, or a big brother in Jesus that they can look up to. They search for meaning in parties, having sex, getting a raise or putting others down to raise themselves up. The best part about Jesus is that we are not in charge of saving everyone, and us alone making the world a better place. Our only job is for us to say "yes" to the Lord when he has a favor for us, for us to be available and servant hearted towards him. And even better, he wants the best for us and he would never make us do anything we couldn't handle. There are many moments throughout the week where I feel hopeless, tired, overwhelmed and heartbroken. My heart feels most heartbroken for my grandma, who lives with us and just recently had a very bad fall and has lost the little motivation she had to live. It breaks my heart to see her lose her independence, and her ability to serve others, which before was the only thing keeping her going and keeping her smiling. It's very hard to watch a woman go from living on her own and taking care of her grandchildren, to her grandchildren taking care of her. She cannot so much as get off a chair on her own, and in the past few weeks my family has spent some nights just crying altogether, grieving for her. A very special gift that comes with being saved and believing in Jesus, is the hope we have as Christians of a beautiful afterlife, where my grandma will be pain free and dependent only on the Lord. Ironically, death is what my family hopes for for her, as morbid as it sounds. We sees her di scontent with her life, and her readiness for running into the father's arms in heaven. In this season I have begun to truly understand the meaning of a "celebration of life" at a funeral. I always thought it was an insensitive title for someone who has just died, like we are celebrating that they are finally gone. But for us, we really will celebrate with her as she gets to be with her husband again and with our good friend Jesus in heaven. So to conclude, I think what really brings me joy and a purpose, is being able to give people the news of hope. That we as Christians, as crazy as we look, get to be hopeful

Peets Coffee and Tea

Peets Coffee and Tea Industrial background Peet’s Coffee and Tea is a restaurant with international operations across the world. With its headquarters located in California, the business has a chain of coffee houses located at various parts of the world. The restaurant business deals in a range of products consisting of diversified coffee and tea beverages.Advertising We will write a custom proposal sample on Peet’s Coffee and Tea specifically for you for only $16.05 $11/page Learn More Problem statement Following the recent business evaluation, there has been a need to establish strategies that will propel the company towards success. In this regard, the following strategies will be included in the company’s marketing proposal. New marketing strategies According to Ataman, Harald and Carl, Peet’s Coffee and Tea restaurant requires new marketing strategies that are effective in a food and beverage industry (866). The use of a suite of services and loy alty programs among others is deemed an effective marketing strategy. Suites of services Customer-friendly suite of services includes installation of free internet services inside the restaurant. When customers access free Wi-Fi internet connections, they would be happy to spend time and enjoy coffee and tea for hours. This means that free internet connection requires installation of electrical cables near the coffee tables for laptop connectivity. Another form of a suite of services includes book live entertainment, where customers engage in poetry reading and other forms of readings that complement relaxation. People who prefer taking coffee and tea do so for purposes of relaxation. Suites of services offer an ambient environment that promotes relaxation mood in a coffee and tea restaurant. Moreover, the suite of services may be viewed by customers as value additional services. This strategy will promote sales once regular customers invite their friends to see the difference (Atam an, Harald and Carl 869). Loyalty programs Loyalty programs are considered as incentive programs for loyal customers (Ataman, Harald and Carl 871). In this respect, Peet’s Coffee and Tea restaurant will use punch cards redeemable for free coffee drinks and snacks after every 10th cup of coffee at any of the business restaurants. In this regard, the loyalty program is deemed to encourage more loyal customers to visit the restaurants and enjoy free drinks.Advertising Looking for proposal on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This program increases sales volume and promotes business-customer relationship (873). Another form of loyal program is to have punch cards that track a client’s amount of purchases done at any of the business restaurants. This would be used to determine discounts given to such loyal clients, as well as the value of freebies given to same customers. On-premises adver tising Advertising is integral for any restaurant business, especially a coffee and tea business. The current Peet’s Coffee and Tea restaurant is to distinguish itself from other competitors through on-premise advertising. This means that the business needs to have creativity in having large windows, glass doors, exotic paintings and interior designs. The set-up of the sitting area is critical on how people view the business premises compared to other competitors with similar products and services. The visibility of the restaurant premises from outside is important. This means that the organization management has to make sure all other restaurant’s outlets are located at highly-visible locations. Promotional advertising In order to boost sales, it is important to incorporate sales promotion initiatives after every 4 months. A better way to ensure promotional advertising takes effect is placing coupons at local daily newspapers (876). To capture the attention of interne t users, the same can also be replicated on social media sites like Facebook and Twitter. Promotional advertising is critical in ensuring that the restaurants experience new visits from potential customers. Sales programs Peet’s coffee and Tea restaurant requires a sales program that seeks to promote the business from various perspectives. An example of sales programs would be special events like music events. Inviting artists in the music industry would be crucial in holding live performances at restaurant entertainment halls. This will promote the popularity of artists, as well as that of the restaurant business. Pricing strategy With a need to have repeat business as an attractive profit margin, establishing effective pricing strategies is imminent. Peet’s Coffee and Tea restaurant will use penetration pricing, promotional pricing, competition pricing and premium pricing strategies (880).Advertising We will write a custom proposal sample on Peet’s Cof fee and Tea specifically for you for only $16.05 $11/page Learn More Penetration pricing strategy Peet’s Coffee and Tea restaurants products and services are known as high quality products, but will be offered at a lower price while entering new markets. This strategy will aid the restaurant business in countering harsh competition from other industrial players. Promotional pricing This pricing strategy is a long-term initiative used to attract potential customers. In this regard, the restaurant business will sell some of its products at a lower price without getting significant profits. This strategy is deemed to attract customers to access and explore other products and service provide by the business. Promotional pricing entails the use of discounts like price and product discounting. Competition pricing This strategy is focused to counter competitor’s prices. The business will identify prices of similar products and services from other competitors and provide a lower price on the same. This strategy can deliver narrow profits, but in long-term can be effective in neutralizing competition. Premium pricing Coffee and tea business are common among middle income earners and the wealthy because of the prestige and luxurious services from the businesses. In this regard, Peet’s Coffee and Tea restaurant business will target high-end consumers by providing high-quality products and services at premium prices. This strategy delivers high profit as it targets high spender with premium prices. Marketing programs Peet’s Coffee and Tea will establish a marketing program with an annual budget of $500,000. The marketing program will be responsible for the establishment and implementation of the mentioned strategies. Strategic alliance Peet’s Coffee and Tea restaurant business requires more than marketing strategies to succeed in a highly competitive industry. The business requires strategic alliances such as human reso urce, reliable suppliers, financial institutions and distributors. In this regard, the business requires having strategic pool of personnel as human resource. The department in charge of human resource management will have policies on hiring qualified personnel, general management, training and development of the same (877). In addition, the business will have strategy alliance with suppliers of essential supplies like coffee beans and food stuffs. A policy on supplier selection is critical for a strong-supplier relationship.Advertising Looking for proposal on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Peet’s Coffee and Tea business operates in perishable products and having reliable suppliers is necessary for business success. The business capacity to distribute determines the decision on the mode of distribution of its products and services to its outlets. In this regard, the company can outsource distributorship of its products from distribution vendors if does not have the capacity to do so. Financial strategic alliances with credible creditors are essential for a business survival. In this respect, the business requires partnership for financial stability with local banking institutions. The financial institutions are helpful in terms of credit control measures and financing new ventures. Auditing financial portioning and financial consultations of the business requires an independent auditor like bank institutions. Ataman, M. Berk, Harald J. Van Heerde, and Carl F. Mela. â€Å"The long-term effect of marketing strategy on brand sales.† Journal of Marketing Res earch 47.5 (2010): 866-882. Print.

Obsessive-Compulsive Disorder Essay Example | Topics and Well Written Essays - 1000 words

Obsessive-Compulsive Disorder - Essay Example Unshakable belief: Anxiety and depression are both featured in OCD, and recent research has also pointed out the importance of unshakable belief systems in the development of OCD. O'Dwyer and Marks (2000) give the example of a young man who "Came to believe in a 'power' that could bring him luck if he could retain it within his possession through ritualizing" (O'Dwyer and Marks, 2000. Page 281). Initially, the rituals begin so that the man can keep his 'power'. Soon, however, a second set of rituals develop, in order to ward off evil. O'Dwyer and Marks considered that roughly a third of all OCD patients in a study were delusional. Obsession: Obsession in OCD may take the form of compulsive thoughts and actions, the most well-known being the repetitive washing of hands. These should not be considered normal, everyday thoughts, but intrusive, repetitive and unwelcome thoughts and fears. Strock (1994) gives the example of a woman who was plagued with thoughts about harming her child: "She became terrified to use the kitchen knives of her sewing scissors. She knew she did not want to harm her child. Why did she have these distressing alien thoughts" (Strock, 1994). In OCD, the thoughts themselves can be innocuous, but it is the invasive nature of the thoughts, and the actions which are taken to get rid of them, which mark out OCD. In extreme cases, the OCD may take the form of hoarding, or collecting items, usually in massive quantities. Sufferers with this form of OCD may live in only a small space within their apartment, with the rest given over to the collection. Compulsion: Compulsion is the other half of the obsessional thoughts; such compulsion might include: knocking at a door or chewing food a certain number of times, counting actions, excessive washing rituals, returning to check that the fire is out repetitively, and so on. The important features of these compulsions is that 1) they have to be performed again and again, one action may be repeated until it satisfies the compulsion. Ritual Behavior: The elements of ritual are very important in the diagnosis of Obsessive-compulsive disorder. Rituals such as touching something a specific number of times may seem bizarre or psychotic, but the sufferer is compelled to perform them in order to ward off tragedy. OCD might be seen as a form of magical thinking, where an action is performed in order to protect an unrelated object, or prevent bad things from occurring. Sufferers may

Summary on readings Essay Example | Topics and Well Written Essays - 750 words

Summary on readings - Essay Example Kidnap Poem This intriguing poem by Nikki Giovanni offers a unique and chilling perspective of being kidnapped if the kidnapper were a poet. The kidnap victim would become the subject of a poem as they are placed â€Å"in my phrases and meter.† Giovanni’s idea of kidnapping someone for the sake of a poem sounds more like a romance in the making than a legitimate kidnapping. The victim would be taken to either to Jones Beach, Coney Island, or to Giovanni’s house. Kidnap victims are seldom treated to such beautiful, romantic places. Then the doting poet would shower their victim with lilacs, run with them through the rain, and roll around with them on the beach – all the makings of a love story. Indeed, Giovanni believes that their victim on the beach would complement the poet’s vision. Giovanni would play the lyre for their victim in an attempt to win them over, and even show them off to her mother. In Giovanni’s eyes, to make a poem out of a kidnapping, show would have to show her victim love. My Dungeon Shook/Dear James James Baldwin begins his letter to his nephew by telling stating that it took him five tries to perfect his letter. This suggests either unsureness in his words, a reluctance in writing to his nephew, or just the inability to properly relay what he feels. James then compares his nephew to his father, or James’ bother. His nephew reminds him of the tough and vulnerable nature that his father exhibited. He also attempts to compare his nephew to his grandfather but is unable to find similarities. The grandfather had collapsed under the lies of the white man that he was the definition of what the world knew as a nigger. James encourages his nephew never to let that word break him and that it really is just a lie. He wants his nephew to know this because he loves his nephew, and his love is something else that he does not want his nephew to forget. James shares with his nephew how he knew his father f or their entire lives. As the older brother, James watched his little brother go through every stage of life. When he looks into his brother’s face, he sees the faces that he had grown into and then grown out of over the course of his life as though he were a living scrapbook. James even sees memories in his brother’s faces that he doubts his brother even remembers, like the time when his brother fell down the cellar stairs. James remembers it all, even when his brother does not, because he had been there to witness his brother go through life. More than anything, James knows â€Å"what the world has done to my brother and how narrowly he has survived it.† He acknowledges that his fellow men are in the habit of destroying lives and will continue to do so in a domino effect of human nature. James reminds his nephew that most of mankind is guilty for their own acts of destruction, but that does not mean that all of mankind shares in this guilt. The letter continue s with James pointing out that his nephew was born into a world that was not much different from the world one hundred years ago – a world that did not look with favor on people who were not white of skin. James reveals the purpose of the letter, which is to teach his nephew how to handle such a world without losing himself. Part of James’ reassurance is that his nephew’

Atmospheric issues Term Paper Example | Topics and Well Written Essays - 1750 words

Atmospheric issues - Term Paper Example Global warming is connected to levels of carbon dioxide in the atmosphere because carbon dioxide is a greenhouse gas. Other gasses, such as methane serve as greenhouse gasses as well, but carbon dioxide is by far the most abundant, so the following mitigation plan will focus on limiting and eventually stabilizing the amount of carbon dioxide in the atmosphere as best we can. Addressing global climate change is important because a host of negative environmental and human maladies can be linked to a rapidly changing climate. Habitat loss, a greater range for human and animal disease, declining agricultural production and more severe storms are all possible outcomes from a warming global climate. But mitigating the amount of carbon dioxide being introduced into the atmosphere is a challenge. The complex nature of the atmosphere and earth’s systems makes some inputs, such as volcanic eruptions and solar radiation, beyond our control. Even inputs that are within our control are dif ficult to implement due to the global nature of the problem. Any realistic mitigation plan needs to have the cooperation of a host of governments and nongovernmental organizations. Though the challenges are daunting, the threats are even more so. This is why we need to address the rising amount of carbon dioxide in our environment. Carbon dioxide levels need to be mitigated because carbon dioxide is a greenhouse gas. Carbon dioxide is essential in our atmosphere because it traps heat in the atmosphere before it can be radiated back into space from the surface of the earth. It works very much like a blanket trapping body heat. If a blanket is too thick, the sleeper becomes uncomfortable. This is what many scientists believe is happening to earth. The build-up of carbon dioxide in the atmosphere is creating a thicker, more effective