Corporation Governance Coursework Example | Topics and Well Written Essays - 2500 words

Corporation Governance - Coursework Example Duty only applies to directors not ‘officers’ as with other duties. Under {s 588V Corporations Act} Holding Companies also have a duty to prevent their subsidiaries from trading whilst insolvent’ Firstly under {s 588G(1)(a) Corporations Act}, â€Å"the duty is only imposed on directors and NOT officers. However, the definition of ‘directors’ will include shadow and de facto directors. Recall de facto director acts as a director even if they are not validly appointed and shadow director is able to have influence over the board† (Melbourne University Law Students Society Tribunal Service, â€Å"Corporations Law†). Firstly it should be illustrated that only willingly incurred debts for specific amount can bear a charge of insolvent trading {Standard Charter Bank per Hodgson J}, â€Å"a company incurs a debt when by its choice it does or omits something which, as a matter of substance and commercial reality, renders it liable for a debt for which it otherwise would not have been liable† (Cassidy, â€Å"Concise Corporations Law†) The defense which Jack can have is that he needs to show the reasonable grounds for his expectations of insolvency at the time the debts were taken. Again he needs to show that he relied on the information provided by others in the management which led to insolvency. Otherwise, he has to validate certain credible reasons for his absence. Smith and Jones can register under Limited Liability Corporations (LLC). This type of corporations is much in demand nowadays. They are the combination of partnership firm and a corporation. The tax effects are mostly based on that of the partnership firm but other entities is that it shares of the corporations. It is formed by members and not shareholders. Advantages of a Limited Liability Company can be that LLCs offer personal liability guard for members. The legal procedures to be followed are very simple and lucid. The members can come to agreement on their own terms,

Sports Econimic Essay Example | Topics and Well Written Essays - 1500 words

Sports Econimic - Essay Example Examples of these policies include securing women through the league and free agency. All of these have been discussed in detail. Other factors like labor, salaries and coaching involved in the league have also been mentioned since they are the key contributors towards the league. Keywords: Australian Football League (AFL), Salary, Competition, Competition Balance, Season, Team, Free Agency, Percentage Distribution, Scores, Point, Clubs, Discrimination, Assault, Harassment, Couch, Policy, Rules Football is no doubt an embraced game all over the world. It has intensively attracted a great number of people from different continents. For a long time, men had dominated this game while the women were left out. Today, it is a game for all regardless of the gender and age factors. If you are not a player, then you are definitely an audience. Sports are perhaps what many deny the attention but the Australian football League! You cannot afford to miss it. It consists of both games played usin g hands, like rugby and football termed as soccer in the U.S. Since the beginning in 1897, there has been progress in the game which a keen audience cannot fail to note. However, there are various issues surrounding the progress of this union, and needs to be reviewed from often to avoid loosing track. Competition existence: Competition in itself is a strong foundation for the growth and the interest of the football league. Every club has to prepare their team well enough to win the match. It is absolutely arguable too, to say that competition is also a disaster as much as it is the propeller for this league. Comparing them with the African league, they are definitely ahead. Very many components contribute to competition; every clubs player within the team has to work to his best as is expected for each team. It is through this that they market their clubs and draw more funs on their side. Booth suggests that â€Å"Most measures of within-season competitive balance focus on the dis tribution of team’s season winning percentages,† (p. 9), which applies in the case of 2012 AFL 25th season. Using the AFL ladder, you will note that several teams strived to acquire higher points to move up. Hawthorn and Adelaide teams have 68 points each, while Sydney (P) and Collingwood hold 64 points each. Their percentage distribution appears as follows respectively; 154.59%, 132.46%, 140.58%, 116.46%. (Coach – AFL, n.d.). This is appealing, and having two teams ranging with the same points but quite some distributed percentage, proves no club leaves behind a loose-end to be the Premier. Today, each club is striving to get the best player in the team for which he or she gets hired at a high price. Nothing good comes out of nothing and it is the reason you will find them striking deals every now and then. Everyone wants a high pay, so why not support the free agency timeline? So be it that, â€Å"Under the new system, if an offer is made for a restricted free agent, the club of that player has to match or better the offer if they wish to retain the player's services.† (â€Å"AFL CEO Andrew Demetriou Defends Free Agency†, 2012). Though some may refute the idea, this will be a step to improving the poor clubs’ performances in the game resulting to more desired contest. Competition balance between the teams: All variables put together, there will exist a miss and come a plus. To measure the balance, then consideration of external factors counts within a given

Curriculum Vitae Essay Example | Topics and Well Written Essays - 500 words

Curriculum Vitae - Essay Example You should have solid network & Server support skills predominantly in the 2k/2k3 arena. You should be heading towards the MCSA/MCSE or at least have the relevant level of skill to carry out daily duties (The qualification itself is not necessary although would be beneficial). You will also need strong skills in networking protocols, Citrix, Active Directory & Exchange 2000/2003. If you have experience of anti-virus/byware/backup (Veritas) &/or Cisco Routers & Switches it would be advantageous to your application. You will be a hard working, have a passion to succeed & a get it done attitude. This position will help develop your skill-sets & advance your career in the long-term as the firm is a well established, financially successful enterprise. Send me your CV now. Spare Time Interests: My favourite past time would be sports particularly watching Football. I enjoy keeping fit and am a regular visitor at my local gym. I also endeavour to travel however; I have only had the opportunity to visit the Asian sub-continent and North America as yet. I am an honest, trustworthy, hardworking individual who has the ability to adapt to any environment and acquire the skills necessary to ensure this. A responsible individual with the ability to engage in detail planning and possess good organisational skills.

Case study about UPS Essay Example | Topics and Well Written Essays - 1500 words

Case study about UPS - Essay Example Companies are focusing on the distribution system for providing a sustainable growth for the firm by understanding the adverse effect of the different environmental factors involved with the system which contributes significantly to global warming (McKinnon et.al, 2010, p. 3). Understanding sustainability is the major issue in the modern trend of the business which is very well implemented by UPS in their business process. UPS believes its sustainability as the core driver of their business. It not just about their care towards the different processes but it is the major requirement for their sustainable growth. It is the commitment of the firm not only towards the customers but also towards the employees of the firm. It is believed to be their responsibility towards the planet earth along with the community on which the company operates their business (UPS-f, n.d.). Over the years UPS is constantly craving new ideas and programs for better sustainability efforts. The company consistently improved its business operations and invested in greener shipping projects and also into effective logistics system to serve more efficiently to the customers of the company. UPS donated huge time on training and development of its employees and tried to focus on providing opportunities to the people to match with the need of the organization and the community at the same time. The company incurred a huge investment of $325 million into the training program of which 54 % is concentrated towards the development of safety training for the logistic system. UPS promoted about 1,168 employees to the company management in the year 2010 for a strong building of the base for the company. The carbon neutral small package service from the company gives a great competitive advantage for the firm to differentiate its service from the other player of the market. UPS is also involved into donating $1 million towards the support program for the Haitian relief effort.

Triple Bottom Line Essay Example | Topics and Well Written Essays - 3000 words

Triple Bottom Line - Essay Example The triple bottom line abbreviated (TBL) is a framework of accounting that utilizing the three dimensions performance module: financial, environmental and social spheres. This negates from traditional frameworks of business reporting through the incorporation of environmental and social parameters. These parameters utilisation as measurement means have difficulties that hinder their appropriate assigning in various fields. John Elkington who coined the term in 1994, endeavoured to measure sustainability in the mid 20th century through encompassing of a new measure to evaluating performances in corporate America (Elkington 1994, p. 92). This framework, known as the triple bottom line (TBL), involved going beyond traditional profits measuring strategies, as well as investment returns and shareholder value allowing for the inclusion of social dimensions and environmental (Elkington 1994, p. 93). Through putting emphasis on focus on comprehensive investment results, triple bottom line serves as an important support tool for goal sustainability maintenance. Triple bottom line Interest has seen growth especially in accounting in the lines of non-profit and profit oriented organisations as well as government sectors. Many firms including non-profits have incorporated TBL sustainability frameworks in performance evaluation. Similarly federal, local and state levels of governments have also adopted the modules in the management of currencies and such like activities. This paper seeks to analyse the concept of TBL while highlighting the practicability of the same in the business context on a global level through the utilisa tion of the diverse literature currently available on the issue. The dimension of the TBL commonly labelled the three Ps: profits, planet and people have proven to be a vital part of business integration since their formulation by John Elkington. Even before this pioneer started the idea of TBL concept for the manipulation

Self-Evaluation Essay Example | Topics and Well Written Essays - 500 words

Self-Evaluation - Essay Example This is due to many factors in the interplay, which converge to create a learning atmosphere of any one learner (Jones & Jones, 2007). These factors are subjective and highly specific to each client, and the teacher will be bestowed with the challenging responsibility of creating such an environment that is suitable for most, if not all the students for optimal learning. While many teachers will take the idea of taking over the control of the classroom immediately after stepping in, I find that approach a little unnecessary. It is important to highlight the expectations when a classroom, and occasionally reminding the student. Taking the total control, however, beats down the students and in a way, benefits the teacher more than the learner. The teacher should help the student use their skills and previous knowledge to tackle issues, therefore, creating their own experiences. I have also successfully incorporated the idea of community in the class. Appreciating the cultures of my different students and involving the parents has successfully fostered a feeling of collective responsibility on the part of students (Weinstein, Tomlinson-Clarke, & Curran, 2004). Each student’s diversity is acknowledged, and these variations have been turned into productive learning experiences (Hershfeldt et al., 2010). This is because, as the teacher, I have acknowledged these diversities and used them for learning purposes in the class. This has successfully incubated the feeling of being recognized and acknowledged by the students that have added to the rich learning experience in my classes. I have also established an appropriate punishment-reward system for reinforcement both positive and negative reinforcement. I swiftly deal with bad conduct to discourage the spread and propagation of the same. I always acknowledge good class conduct, and I award it to reinforce the behavior positively. And since I am well vast with information on behavior management,

Financial Modelling and forecasting Essay Example | Topics and Well Written Essays - 1000 words

Financial Modelling and forecasting - Essay Example They are used for propose of measuring the performance of the firm and also to measure hoe stable is a firm financially. They are also used for future planning, determining whether a firm is able to borrow loans and service them, and also evaluating the performance of the firm under different models. Most models are based on sales volume This paper will seek to analyze the financial statement of JB Hi-Fi by use of historical data to predict the future.I will therefore forecast the years 2013, 2014 and 2015 using the year 2012 as my base year. Ratio analysis of relevant sales ratios will be used for the analysis. Financial statement analysis is the use balance sheet and income statement data to come up with values for financial interpretation and identification of the strengths and weaknesses of an organization (Stickney et al., 2006). Various techniques of financial statement analysis are: trend analysis, comparative statements, common size percentages, ratio and fund analysis as well as changes in working capital changes (Libby et al., 2004). For the purpose of analyzing JB Hi-Fi, relevant sales ratio analysis will be undertaken. For a successful financial analysis, comparison has to be made using consistent percentages through the years of analysis. The use of the sales ratios to analyze the years will reveal their similarities, trends, as well as differences in the company (Palepu & Healy, 2007). As Gregory (2008) notes, the stakeholders of the information contained in a financial statement include, potential investors, creditors, managers, shareholders, the government and creditors and they require the information for different reasons. Use of historical data is a major limitation of ratio analysis as it is therefore assumed that it reflects on the future trends whereas no one could be certain of the future (Palepu & Healy, 2007). Resvine et al (2004) explains that another limitation of using financial statements in analysis is that GAAP allows