Lawyers Face Ethical Dilemmas On An Every Day Basis, But

Lawyers face ethical dilemmas on an every day basis, but their most pressing issue is the temptation to bribe judges, as a way to secure that their trials will have the outcomes they desire. Bribery has occurred in countless cases within the United States judicial system. Lawyers have used bribes to have cases pertaining to homicide to drug offenses fixed by judges. This is a pressing issue because it invalidates our justice system. Fixing cases eliminates a basic right, the right to a fair trail. Additionally, lawyers bribe judges to receive cases. Lawyers have become so consumed with trying as many cases as they can as well as winning cases that they have completely abandoned their ethical training. While facts and evidence used to be†¦show more content†¦But I still go to get my guy off. Jelnick’s been transferred to another court, and P.J. McCormick’s going to hear it, and that’s going to cost me at least another hundred† (Hake 83). After bribi ng one judge, this lawyer goes on to state he will be bribing another judge to get his client off. Rather than doing his job the legal and ethical way the lawyer decides to partake in fixing cases. Lawyers bribe often judges whenever they can to secure an outcome rather than allowing the justice system to do its job. Undercover FBI operative Terry Hake approached a lawyer and asked him if it would better if he did not participate in the bribery (Hake 83). The lawyer responded, â€Å"Come on, Terry, it doesn’t work that way, you should know that by now. Sometimes my clients really are innocent and the cops run over their rights. You have to look out for them. There’s only one way to get a fair shake, and that’s not to leave anything to chance† (Hake 83). Lawyers have come to believe that justice comes down to chance. But, lawyers are responsible for justice becoming a chance result. Lawyers are the ones participating in bribery, forcing other lawyer to also participate so that they have the opportunity to win cases too. When lawyers have lost faith in the system because bribery has, â€Å"been going on so long, it’s never going to change,† there is a serious ethical issue occurring within the criminal justice system (Hake 83). OperationShow MoreRelatedEthical Dilemmas for Lawyers, Staff, and Management Essay680 Words   |  3 PagesEthical Dilemmas are a pressing issue within any law enforcement or law agency the power that people have in positions such as these force them to share an equal or greater amount of reasonability. Ethics is defined as â€Å"the branch of philosophy that typically deals with values relating to human conduct with respect to the rightness and wrongness of certain actions and to the goodness and badness of the motives and ends of such actions†. This definition of ethics courtesy of Webster dictionary showsRead MoreMoral Dilemm Right Vs Right Essay1348 Words   |  6 PagesMoral Dilemma Right versus right moral dilemma causes conflict which is recognized in the two cases and each case, a person considers themselves as having moral intentions. The moral dilemma is about an attorney’s emotional conflict with his professional obligations. â€Å"A right versus right situation occurs when one is faced with an urgent and intricate situation that makes you make choices about your integrity and moral character† (Badaracco Jr., 2009). The essential features of a moral dilemma areRead MoreEthical Violations in the Field of Law Enforcement1396 Words   |  6 Pagescountry we are seeing an increase in ethical violations in the field of law enforcement. I will go into detail about some of the main ethical issues we are seeing today and what can be done to prevent such acts from happening. When one officer is being unethical it has a huge effect on how the public views law enforcement as a whole. Many officers go undetected for a long time before getting caught, b ut an officer committing ethical violations will have their day it’s just a matter of time. In orderRead MoreThe Movie Philadelphia, Released Within The Year 1993 Covers1861 Words   |  8 Pagesreleased within the year 1993 covers a lawyer with a passionate and competent feature. A character named as Andrew Beckett, who was affected with the disease of AIDS and once discovered by other partners of the firm, he was subsequently fired from the very firm. Beckett tried a lot to find a suitable lawyer in order to sue his fellow partners working at Wyant Wheeler due to heavy discrimination but he and his proposal were mainly rejected by every single lawyer he tried to pursue. But then, his entireRead MoreEssay on The Use of Deceptive Interrogation2455 Words   |  10 Pages People face ethical dilemmas every day. But it is perhaps, most prevalent in the law enforcement profession. Law enforcement officers face ethical dilemmas constantly. Some of the ethical issues that police face each day are: racial profiling, officer discretion, police officer loyalty, police officer abuse, and interrogatory deception. This paper will discuss the purpose of interrogatory deception, ways in which it is used, some of the current debates over the practice, and a landmark rulingRead MoreWhy Should We Be Ethical? the Relevance of Ethics in Life8703 Words   |  35 Pages04.30 pm Why should we be ethical? The relevance of ethics in life Biz Ethics IIMK Group a, Section D Ankur dey Tarafdar, PGP/15/204, Ankur Kaithal, PGP/15/205, Bagya Lakshmi, PGP/15/212 Gauri Chodankar, PGP/15/215 Jayntwin Katia, PGP/15/224 Why should we be ethical? - The importance of ethics in life Abstract As Albert Schweitzer puts it â€Å"Ethics is nothing else but reverence for life†. 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As a person who’s job is to enforce the law there is always a way to step over the boundaries whether it be unfair treatment to citizens, inmates or agencies. There is always areas of the career to consider and in order to make everyone happy there are steps that need to be takenRead MoreBlood Transfusions As A Mechanical Solution Essay3021 Words   |  13 PagesBlood transfusion are not new to the mechanical world, but now with advances through technology it has become a much more common practice. With any advancement comes an ethical struggle to accept, understand, and perfect. Currently, there are many difficulties when it comes to administering blood transfusions. Blood is the basis for our existence, some believe it is more than just what keeps us alive but it is the center of our spiral soul, and as a result controversies of religious right, medicalRead MoreEthi cs in Construction Industry4564 Words   |  19 PagesAcknowledgement 2 Introduction 3 Professional Ethics and Construction 5 Professional Ethics 5 The case in Ethiopia 13 Ethical Issues 15 Construction Business and Ethics 22 References 25 Acknowledgement The group would like to take this opportunity to thank our Ethics and Legal Environment Instructor, Dr. Tilahun Goshu, who gave us the chance to explore the ethical issues in the construction industry at present time. Introduction Construction is the largest industry in the world, benefiting

Essay on How the Government Failed the Victims of...

Even though it is the responsibility of the federal and state governments to aid citizens during times of disaster, the people devastated by Hurricane Katrina were not effectively facilitated as according to their rights as citizens of the United States. The government’s failures to deliver assistance to citizens stem from inadequate protection systems in place before the storm even struck. The Federal Emergency Management Agency and the Department of Homeland Security were the two largest incumbents in the wake of the storm. The failure of these agencies rests on the shoulders of those chosen to head the agency. These directors, appointed by then president George W. Bush, were not capable of leading large government agencies through a†¦show more content†¦The responsibility for maintaining existing levees and building new ones falls to the federal, state and local governments. In reality, the costs of most infrastructure projects are in the hundreds-of-millions to bi llions of dollars. This means that the cost burden must fall on the federal government (Webster). The federal government, however, failed to provide the necessary resources to build protective infrastructure for U.S. citizens since, â€Å"Under the Bush administration there was little money for nor interest in internal improvements, as the federal dollar was spent mainly on the military while the nations infrastructure continued to deteriorate† (George). Had more money been spent on internal improvements, more levees could have been built and the impact of the storm lessened. The failure to adequately prepare for the storm led to increased and more widespread devastation, which in many cases harmed those living in the affected areas. An independent analysis of the reason for such massive chaos was performed and determined that â€Å"Most of the damage was due to the failure of the levee system that surrounds the city to protect it from ï ¬â€šooding† (Ubilla). Had these levees been properly built, and had there been more of them protecting the city of New Orleans, major flooding could have potentially been lessened. A simple feature of the levee structure which engineers neglected to include is the concreteShow MoreRelatedUnited States Government Response to Hurricane Katrina: Where Does the Blame Belong?1645 Words   |  7 PagesBusiness Dictionary, government involvement is considered any â€Å"regulatory action taken by a government in order to affect or interfere with decisions.† Many accuse the United States’ national governmen t of minimal and slow actions taken after the tragedy of Hurricane Katrina, while others share the blame of this response. Local, state, and national government response will be discussed, focusing on the government’s interaction after the strike of Hurricane Katrina. Katrina hit New Orleans, LouisianaRead MoreHurricane Katrina Essay example744 Words   |  3 PagesRunning head: THE KATRINA BREAKDOWN CASE STUDY QUESTIONS The Katrina Breakdown Case Study Questions ADM 624 Public Governance 11/13/12 The Katrina Breakdown Case Study Questions August 29, 2005 Hurricane Katrina hits the Gulf Coast of Louisiana. A plan of action was created only hours ahead of time. One can say the catastrophe of Hurricane Katrina and the poor execution is a lesson learned for all officials who are the head of Natural Disaster Preparedness. UnfortunatelyRead MoreHurricane Katrin A Devastating Storm1576 Words   |  7 PagesHurricane Katrina was a devastating storm that ravaged New Orleans, but it was more than just a natural disaster. The general public and even some top officials are quick to dismiss this great storm as an inevitable force of mother nature as if it was just another hurricane of the season. In doing so, they subscribe to a mindset that is actually a disservice to those who suffered Hurricane Katrina’s wrath. A myriad of publications like Come Hell or High Water, Overcoming Katrina, and There is NoRead MoreGovernment Interaction after Hurricane Katrina1764 Words   |  7 PagesBusiness Dictionary, government invo lvement is considered any â€Å"regulatory action taken by a government in order to affect or interfere with decisions.† Many accuse the United States’ national government of minimal and slow actions taken after the tragedy of Hurricane Katrina. Others share the blame of this response between local, state, and national governments. This research paper will focus on the government’s interaction after the strike of a furious Hurricane Katrina. Katrina hit New Orleans, LouisianaRead MoreGovernment Response Of Hurricane Katrina1194 Words   |  5 PagesGovernment Response to Hurricane Katrina Levels of Government In my opinion, all three levels of government failed the people of New Orleans in responding to Hurricane Katrina. There was plenty of pushing the blame on one another that ended up delaying responses and finding results. It seemed like one level of government would try saying the other level of government is responsible for that role. For example, The Director of FEMA, Michael Brown would say that the local and state are in charge ofRead MoreThe Disaster Of The Hurricane Katrina1344 Words   |  6 PagesThe devastating Hurricane Katrina left Louisiana, and the rest of America, distraught. The mighty category 5 hurricane left thousands of Louisiana residents without food, water and shelter. The devastation of the storm led the levies of the flood-protecting dam to break leaving the city underwater during the catastrophe. This natural disaster will go down in American history as the worst of its kind. Although all the unfortunate natural events that made this tragedy possible, the s upervision ofRead MoreRelation Between the Structure of Power and Poverty Essay1214 Words   |  5 PagesThrough several texts to include Bell Hooks’ articles Narratives of Struggle and Seeing and Making Culture: Representing the Poor, Natasha Tretheway’s memoir High Rollers, and the film Trouble the Water directed by Tia Lessin and Carl Deal illustrate how the poor are often dehumanized by a higher dominating structure of power that belittles the poor because of preconceived notions from several forms of media and experiences. Many of the underclass were overlooked for service and stability because ofRead MoreHurricane Devastation Of The United States1034 Words   |  5 PagesHurricane Katrina struck the United States on August 29, 2005; it was the costliest and deadliest hurricane to ever hit the nation. It was one of the strongest to hit the coast in the last 100 years. Katrina caused as widespread of devastation along the Gulf Coast states and cities such as Mobi le, AL, Gulfport, MS and the worst being New Orleans, LA. Although many people were prepared for the hurricane, no one would imagine the damage it would cause and the many lives it would take. Katrina startedRead MoreHurricane Response820 Words   |  3 Pagesï » ¿Hurricane Response The objective of this study is to become more sensitized and knowledgeable about preparations, impact, and response to disaster. Recommendations for improvement will be made. If one will, then imagine for a moment the condition of one who is, following a major weather-related disaster, homeless, wet, cold, hungry, tired, hungry and scared having lost possessions and nearly ones life. Upon applying for assistance from FEMA, those applying are instructed to access FEMA onlineRead MoreEssay on Part one: the storm658 Words   |  3 PagesChaos and Tragedy. 1. According to Frontline, what problems were caused by the following groups: o The Local and state officials? The Local and state officials had failed to plan. o The U.S. military? The U.S. military had waited too long. o FEMA? FEMA was poorly led. o The Government? The government was indifferent to victims who were mostly poor and black. 2. Why was the Louisiana National Guard unable to help? At the headquarters of the Louisiana National Guard, located in the lower

Marketing Management Exploratory Analysis

Question: Discuss about the Marketing Management for Exploratory Analysis. Answer: Introduction: A brand can be defined as a product or service that helps in distinguishing from other products and services. A brand community can be defined as a community developed on the basis of attachment to a product (Marzocchi, Morandin, Bergami, 2013). According to Stratton Northcote (2014), brand and brand communities play a significant role and is a part of the continuum. The brand communities can be perceived as symbols and this essay attempts to map out the features of brand communities. This essay attempts to address the problems and challenges faced in marketing and general management decisions. The essay is an opportunity to make strategic decision choices based on the conceptual frameworks. The brand community is seen as a social category consisting of customers who feel united as they have common affiliation towards the brands. However, there is a need to differentiate between brand enthusiasts and brand communities. In simple terms, bran community can be defined as a group of pe ople who possess common interests and construct their own language, hierarchy, myths and values (Marzocchi, Morandin, Bergami, 2013). A community is built on social networks. According to the sociological theory of brand community, there are social interactions that remove stress, classify opinion of people and attract sympathy (Hur, Ahn, Kim, 2011). There are different reasons why people would want to join a brand community. Apple, a multinational technology company does not behave like a social company who develops marketing strategies on Twitter or Facebook. However, the company has successfully created a brand community and lives by its slogan Think Different (Stratton Northcote, 2014). The company has brought together a group of people who feel a sense of belonging when they consume Apple products (Businessinsider.com, 2016). Historically, Apple has several failed products but the advertisements with the slogan Im a Mac that was endorsed by Justin Long, a Hollywood actor added to Apples success. Apple has grown as a brand community and created social positioning. The brand addressed the resistance that was a ssociated with Malcolm X, Cesar Chavez and the Dalai Lama and created hedonic experiences and sought technological innovation (Stratton Northcote, 2014). According to the Brand Community Triad, customers are the central component of brand communities. There are several relations that are considered by the brand community: between customer and another customer, customer and product, customer and brand, and customer and marketer (Lee Kang, 2013). Firstly, as customer-customer relation, brand communities help in bringing people together and it is important for a community to create a connection between customers if they interest in a specific brand. Secondly, as customer- product relation, the customers share their extraordinary experiences of the product with the company. Thirdly, as customer-brand relation, the brand communities are formed because of specific brand interest. Lastly, as customer-marketer relations, the employers of other companies may participate in community building by creating campaigns, festivals and meetings (Lee Kang, 2013). In reality, a brand community is a business strategy and not a marketing strategy. The c ompanies often commit a mistake of isolating their community building functions. For example, Harley Davidson motorcycle is metonymic rather than definitive. In the year 1985, Harley-Davidson experienced buyback which helped in saving the company from the Japanese competition (Stratton Northcote, 2014). The management formulated the brand community tool as a competitive strategy that helped them in sustaining in the market. Harley has been building a strong brand community based on peoples lifestyle, taste and ethos. Currently, there are over a million members who believe in the strength of the company. The company provided a radical redesign and addressed the demand, produce and support for the community (Stratton Northcote, 2014). According to the consumer culture theory, the customers play a role in co-creating value, competition and become active collaborators in the innovation process of an organization. There are various co-productive activities based on lifestyle, brand, web-communication and brand fests (Stratton Northcote, 2014). With the organizational efforts, the brand users become fans, and fans become devotees. Lomo, a Russian camera company with few adjustable options and inexpensive lenses have undertaken the brand community. The company has become the iconic of experimental analog cameras. The community merged with Holga to create on dual-brand community (Kuo Feng, 2013). Both the users of companies were encouraging each other to continue their effect trials. The products are sold at an expensive price on online sites by the resale of toy cameras. The company has developed its online posting styles over the years. The users of Lomo post their galleries of lomography demonstrating the technolog ical sophistication of the cameras. Every brand must believe in itself. BMW automobile confers itself and has a strong psychological connection with the consumers as they believe in themselves. Other niche companies such as Nike, Porsche and Microsoft have a tendency to underdog the other corporate giants. The owners of BMW are primarily interested in the status and distinctiveness of the brand. In the earlier days, the company was in debt and was losing money. They had an economic downfall and the cars were not sold. However, the company organized various club events (Skln, Pace, Cova, 2015). Another theory is tribal branding in which the marketers can benefit significantly from the consumer devotion to the brands. The neotribes are the ascetic and effervescent group towards the future or in the past. The people of these tribes hold a common wisdom or organic aspect towards the brand (Stratton Northcote, 2014).. The consumer tribes are tied together with a sense of passion and emotional tie due to the consumption of brand. The consumer tribes are seen as action sets where there are group interactions or activities. A very good example of a consumer tribe is the club or forums. Football has the most loyal fans and it is said that one shall never walk alone according to the Liverpool chant. The football fans have a stereotypical loyalty towards the game and the people are extremely passionate towards it. Having fans fulfils the need of sharing and belonging. Football brands such as Liverpool, Manchester United have a wide number of fans worldwide. Not only Manchester Unite d has a worldwide fan-based sporting team, but the company has extended its limit as a television station namely Manchester United Television (MUTV), soccer school, and Theatre of Dreams leisure complex in Hong Kong (Stratton Northcote, 2014).. This is why the company has now become an indistinguishable sporting brand community. It is important for them to understand that the best strategy is to understand the direction in which their fans are headed and pursuing those directions shall help in strengthening the brand community. It is admirable that a sporting brand community put so much effort to raise its profile as a sporting brand (Stratton Northcote, 2014). According to the attribution theory, people have certain behaviour due to situational or personal characteristics. There are three basic forms of community affiliation- pools, hubs and webs (Kuo Feng, 2013). The members of pools are united by shared goals such as Apple devotees or democrats. The pools deliver benefits only to a limited community. The web affiliations are based on one-to-one social connections which are considered as the most appropriate and social forms. Nike provides peer-to-peer support by interacting with members and strengthens its pool and hubs. The companies embrace competition and make the brand communities thrive. The strong companies shall reinforce competitive rivalry and engage with its customers (Ewing, Wagstaff, Powell, 2013). For example, Pepsi gave a tough competition to Coca Cola through its Pepsi Challenge. The brand communities only become stronger by highlighting the limits that define them and not erasing the parameters (Skln, Pace, Cova, 2015) . In the current world, social media plays a critical role in giving the organizations a buzz. The online social networks serve as valuable community functions. The transient and shallow nature of social relationships can lead to a weak bond. Companies such as Loreal follow tactics and strategies such as in-store customer bulletin board and employee volunteerism that helps in building strong communities. Brand communities are a form of controlling illusion. The companies build a design philosophy and balancing the structure. Often people join brand communities to build new relationships and they are interested in creating social links (Brodie et al., 2013). Conclusively, any brand can form a community strategy but it is not possible for every brand to pull it off. For executing the brand community effectively, there is a need of organization-wide comment and effort to go beyond the functional boundaries. The organizations need to re-examine their company values so that they can meet people to agree on their terms and accept their package. A strong brand community helps in strengthening customer loyalty, decreasing the marketing costs and yielding higher revenue. If the brand community is set right, the benefits gained shall be irrefutable. Brand communities are not necessary for a business to succeed, but a set of passionate customers can be generated due to formation of strong brand communities. References Brodie, R., Ilic, A., Juric, B., Hollebeek, L. (2013). Consumer engagement in a virtual brand community: An exploratory analysis.Journal Of Business Research,66(1), 105-114. https://dx.doi.org/10.1016/j.jbusres.2011.07.029 Businessinsider.com,. (2016).From The 'Apple Lisa' To The U2 iPod: Apple Products That Totally Flopped.Businessinsider.com. Retrieved 1 September 2016, from https://www.businessinsider.com/10-old-apple-products-that-totally-failed-2013-11?IR=T#the-power-mac-g4-cube-2000-2001-9 Ewing, M., Wagstaff, P., Powell, I. (2013). Brand rivalry and community conflict.Journal Of Business Research,66(1), 4-12. https://dx.doi.org/10.1016/j.jbusres.2011.07.017 Hur, W., Ahn, K., Kim, M. (2011). Building brand loyalty through managing brand community commitment.Management Decision,49(7), 1194-1213. https://dx.doi.org/10.1108/00251741111151217 Kuo, Y. Feng, L. (2013). Relationships among community interaction characteristics, perceived benefits, community commitment, and oppositional brand loyalty in online brand communities.International Journal Of Information Management,33(6), 948-962. https://dx.doi.org/10.1016/j.ijinfomgt.2013.08.005 Lee Myung Soo Kang,. (2013). The Effect of Crisis and Consumer Loss Type on Consumer Brand Relationship and Brand Attitude: With a Focus on Recovery Action Type and Brand Personality.Journal Of Consumption Culture,16(3), 147-167. https://dx.doi.org/10.17053/jcc.2013.16.3.007 Marzocchi, G., Morandin, G., Bergami, M. (2013). Brand communities: loyal to the community or the brand?.European Journal Of Marketing,47(1/2), 93-114. https://dx.doi.org/10.1108/03090561311285475 Skln, P., Pace, S., Cova, B. (2015). Firm-brand community value co-creation as alignment of practices.European Journal Of Marketing,49(3/4), 596-620. https://dx.doi.org/10.1108/ejm-08-2013-0409 Stratton, G. Northcote, J. (2014). When totems beget clans: The brand symbol as the defining marker of brand communities.Journal Of Consumer Culture,16(2), 493-509. https://dx.doi.org/10.1177/1469540514528194.

Revenue and Independent Sales Agents free essay sample

Company manufactures a high-quality plastic pipe that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May: Production data:| Â  | Pounds in process, May 1: materials 100%| Â  | complete; conversion 90% complete| 70,000| Pounds started into production during May| 350,000| Pounds completed and transferred to the next department| ? | Pounds in process, May 31: materials 75% complete;| Â  |conversion 25% complete| 40,000| Cost data:| Â  | Work in process inventory, May 1:| Â  | Materials cost| $86,000| Conversion cost| $36,000| Cost added during May:| Â  | Materials cost| $447,000| Conversion cost| $198,000| The company uses the weighted-average method. Required: 1. Compute the equivalent units of production. 2. Compute the costs per equivalent unit for the month. 3. Determine the cost of ending work in process inventory and of the units transferred out to the next department. 4. Prepare a cost reconciliation report for the month. Comprehensive Problem—Weighted-Average Method Honeybutter. Inc.. manufactures a product that goes through two departments prior to completion—the Mixing Department followed by the Packaging Department. We will write a custom essay sample on Revenue and Independent Sales Agents or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The follow ing information js available about work in the first department, the Mixing Department, during June. Required: Assume that the company uses the weighted-average method. 1. Determine the equivalent units for June for the Mixing Department. 2. Compute the costs per equivalent unit for June for the Mixing Department. Determine the total cost of ending work in process inventory and the total cost of units transferred to the Packaging Department. 4. Prepare a cost reconciliation report for the mixing department for June. CASE STUDY Cost Structure;Break-Even Point;Target Profits Marston Corporation manufactures disposable thermometers that are sold to hospitals through a network of independent sales agents located in the United States and Canada. These sales agents sell a variety of products to hospitals in addition to Marston’s disposable thermometer. The sales agents arc currently paid an l8% commission on sales. and this commission rate was used when Marstons management prepared the following budgeted absorption income statement for the upcoming year Marston Corporation| Budgeted Income Statement| Sales| Â  | $30,000. 000| Cost of goods sold:| Â  | Â  | Variable| $17,400. 000| Â  | Fixed| 2,800. 00| 20,200,000| Gross margin| Â  | 9,800,000| Selling and administrative expenses:| Â  | Â  | Commissions| 5,400,000| Â  | Fixed advertising expense| 800,000| Â  | Fixed administrative expense| 3,200,000| 9,400,000| Net operating income| Â  | $ 400.000| Since the completion of the above statement. Marston’s management has learned that the independent sales agents are demanding an increase in the commission rate to 20%of sales for the upcoming year. This would be the third increase in commissions demanded by the independent sales agents in five years. As a result, Marston’s management has decided to investigate the possibility of hiring its own sales staff to replace the independent sales agents. Marston’s controller estimates that the company will have to hire eight sales people to cover the current market area. And the total annual payroll cost of these employees will be about $700,000, including fringe benefits. The salespeople will also be paid commissions of 10% of sales. Travel and entertainment expenses are expected to total about $400. 000 for the year. The company will also have to hire a sales manager and support staff whose salaries and fringe benefits will come to $400,000per year. To make up for the promotions that the independent sales agents had been running on behalf of Marston. management believes that the company’s budget for fixed advertising expenses should be increased by $500,000. Assuming sales of $30,000. 000, construct a budgeted contribution format income statement for the upcoming year for each of the following alternatives: a. The independent sales agents’ commission rate remains unchanged at 18%. b. The independent sales agents’ commission rate increases to 20% c. The company employs its own sales force. 2. Calculate Marston Corporation’s break-even point in sales dollars for the upcoming year assuming the following: a. The independent sales agents’ commission rate remains unchanged at 18%. b. The independent sales agents’ commission rate increases to 20%. c. The company employs its own sales force. 3. Refer to your answer to (1) (b) above If the company its own sales force what hat volume of sales all, would be necessary to generate the net operating income in come the company would realize if sales are $30,000,000 and the company continues to sell through agents (at a 20% commission rate)? 4. Determine the volume of sales at which net operating income would beequal regardless of whether Marston Corporation sells through agents (at a 20% commission rate) or employs its own sales force. Prepare a graph on which you plot the profits for both of the following alternatives. a. The independent sales agents commission rate increases to 20%. b. The company employs is own sales force. On the graph. use total sales revenue as the measure of activity. 6. Write a memo to the president of Marston Corporation in which you make a recommendation as to whether the company should continue to use independent sales agents (at a 20% cornmission rate: or employ its own sales force. Fully explain the reasons for your recommendation in the memo.

Kem chicks free essay sample

Marketing Offering first quality meat. The products composed of various basic needs of household plus other complementary items. Kem Chicks had only one shop Operations Total labor count of 500 employees. Finance Kem Chicks is liquid. Internally generated funds are fully committed. Human Resource Training is made by Director. Reshuffling of personnel. Recruitment of younger personnel with higher education background. V. STATEMENT OF THE PROBLEM How will Kem Chicks expand its supermarket by its own investment while sustaining its growing operations? VI. STATEMENT OF OBJECTIVES Short Term Objectives: a. To train its personnel in their careers. b. To produce high quality product. Long Term Objectives: a. To formulate a strategy in order to gain economies scale for existing supermarkets. b. To maintain and develop a competitive position in the growing industry. c. To expand its supermarket business. VII. SWOT ANALYSIS Strengths Weakness First quality meat Valuable human assets Harmonious relationship between employer and employees. We will write a custom essay sample on Kem chicks or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Good personnel management Caters the needs of immediate community. Lack of Marketing Strategies. Kem Chicks had only one shop. Weak long term strategic planning. Difficulty with over-the-counter communication Lack of internal control. No particular designation of job. Opportunities Threats Expansion of the business. Acquisition of rival terms. Diversification of the business Customers’ word of mouth. Rising interest rates. Declining price at all. Investment risk is at high level Increasing Competition Natural calamities Declining price of oil Government regulations, rules and policies Change in customers preference VIII. ALTERNATIVE COURSES OF ACTION Given the facts examined, the alternative course of action will then focused on the types of franchising alternatives since it is stated that franchising has been thoroughly studied by group of individuals for Kem Chicks existing problem. 1. Indah Chaidir should come up with the Product Distribution type of franchising. 2. Indah Chaidir should enter into a franchising agreement called Entire Business Format franchising. 3. Indah Chaidir should consider the Product licensing arrangement type of franchising. It Will not cater development of Kem Chicks internal management thus it does not support the supermarket as a whole. 2. Indah Chaidir should enter into a franchising agreement called Entire Business Format franchising. ADVANTAGE DISADVANTAGE Kem Chicks will have full control of the business. Mistake of one franchisee will bear to the image of the company Security in the protection of the rights and property of the company. 3. Indah Chaidir should consider the Product licensing arrangement type of franchising. ADVANTAGES DISADVANTAGES Improve its quality control policies. No assurance of success. Right to manufacture or modify Kem Chicks in a certain area of distribution Will pre-empt all important position in the organization X. DECISION STATEMENT Considering that the industry is reaching toward the peak of its growth phase, Kem Chicks faces tough competition with a limited choice of land and location. Also, an increasing bargaining position on the part of the shoppers, each element of the key success factors should therefore not be neglected. Since the profitability of the investment in a new outlet is highly dependent on the level of sales and cost, each of the success of this investment. Therefore, The group have concluded that the best solution to the problem is alternative course of action number 2 which is to enter into a franchising type called entire business format franchising because of the following reasons: †¢ Franchisee operates exactly the same as franchisor because the entire franchise was provided by Kem Chicks. †¢ Kem Chicks will generate different types of income such as management fee, training fee, reporting system fee and other from the franchisee. †¢ Privacy of their field of expertise or specialty will be maintained by Kem Chicks on their own because under this type of franchise, Kem Chicks is the sole provider of all information and needs of the franchisee upon proper payment. The group did not choose Alternative Courses of action number 1 . † Indah Chaidir should come up with the Product Distribution type of franchising. †because it will not cater development of Kem Chicks internal management thus it does not support the supermarket as a whole. The group did not choose Alternative courses of action 3 â€Å"Indah Chaidir should consider the Product licensing arrangement type of franchising† because there is no assurance of success and it will pre-empt all important position in the organization. XI. IMPLEMENTATION PROGRAM Short- Range 1. To build a franchi se relationship founded upon a contract, which should contain all the terms agreed upon. 2. To develop first a successful business format (the system), which is identified with a brand name, be it a trademark, service mark and/or trade name. 3. To initiate and set a period wherein they will train the franchisee in the operation of the system prior to the opening of the business so that the franchisee is equipped to run the business effectively and successfully. Kem Chicks must also assist with the opening. Long-Range 1. To maintain a continuing business relationship with the franchisee to provide the franchisee with support in the operation of the business. 2. To permit the franchisee, under the control of the franchisor, 3. To operate under the branding and the business systems developed and owned by the franchisor and to benefit from the goodwill associated therewith. 4. To make a significant capital investment from own resources. 5. To make the franchising of the supermarket business successful, we should consider the key success factors. These factors consist of: a. Sufficient capital for investment. b. Managerial Skill/Human Resource c. Location d. Quality of Service e. Image ( brand and product image) f. Quality of exclusive product and assuranceg. Atmosphere and security h. Accessibility (parking, supporting and facilities) i. Layout and design XII. PROPOSED OPERATIONAL PLAN Management Develop the various strategies to attain long term and strategic planning Recommend training on each division Convey a sense of family unity in the organization Decisions and full responsibilities are made by the directors Marketing Offering first qua lity meat Promotional activities are decided by the Kem groups Its product compose of various basic needs of household plus other complementary items Kem chicks had only one shop Operations Distributing sausages through Jakarta and surrounding areas Total labor count of 500 employees PT Kem foods that processed meet supply Has a current capacity to produced 900 tons of meet a year Finance Internally generated funds are fully committed Kem chicks is liquid Leading among the cumulative value of transaction of non major supermarkets Human Resource Recruitment of higher educated your personnel Reshuffling of personnel Training courses are made by the director XIII. OTHER PROBLEMS AND RECOMMENDATION Problems Recommendations 1. What will be the Kem Chicks franchise agreement? The franchise agreement grants to the franchisee the right to operate a Kem Chicks supermarket, at a single address, for a period of 10 years. These rights include the use of Kem Chicks trade name and trademarks, proprietary products, store design, signage , and use of Kem Chicks methods of operation. In return the franchisee agrees to operate the business in accordance with the Kem Chicks established standards of quality, service, cleanliness and customer service. The Franchisee is expected to do hisutmost best to operate his store to achieve the fullest potential of the store in terms of profitability and customer delight. 2. What does Kem Chicks look for in a prospective Franchisee? Kem Chicks looks for a franchisee applicant with the following characteristics: Highly motivated and shares the same values as Kem Chicks in terms of commitment to human resources, quality and service. Dedicated to running the business on a full time bas is, not as an investor but as a hands-on operator. Financially capable of meeting the financial requirements. With an entrepreneurial drive willing to take calculated risk, and with the strong desire to succeed. With business management skills preferably with food or retail experience. Very good interpersonal relationship skills. Willing to operate within the Kem Chicks system. 3. How much is the franchise fee? The franchise fee, which is paid upon the signing of the franchise agreement, is for the rights to use the franchisor’s trademark and business system as well as for the activities at the start of the franchise agreement such as site evaluation, assistance in recruitment and training for the initial store team. 4. Does Kem Chicks provide financing? No, Kem Chicks does not provide financing. 5. How long is the Franchise Term? The Franchise term is for ten (10) years. 6. How much is the royalty fee? The royalty fees are paid on a monthly basis for the on going use of the Kem Chicks name and systems as well as for the continuing support activities of Kem Chicks. a) Full Supermarket- 10% of purchase goods. b) Meatshop- 25% of total monthly gross sale. 7. How much is the Advertising fee? The advertising fee is 2% of the total sales derived from both supermarket and meatshop and is paid on a monthly basis. 8. Will training be provided? Kem Chicks will provide training for one Managing Director, the management team and the crew who must all successfully complete the Store Operations Training Program. The training for the initial batch of hires will be free of charge but all succeeding training for new employees will be charged. Training excludes salaries, meals, transportation, lodging cost of the employees and out of pocket expenses of trainers for training activities conducted outside of Jakarta. The Franchisee’s Managing Director and store crew will also be required to attend trainings during the duration of the franchise term to upgrade their skills. A Kem Chicks Operations Manual will also be provided for the reference purposes and will be updated as needed. 9. Will Kem Chicks provide the manpower to operate the store? Kem Chicks team will assist the franchise in the recruitment of its personnel free of charge for the initial store team but recruitment cost will be charged for succeeding hires. The store personnel will be directly hired by the franchisee and will be responsible for their salaries and benefits. 10. Who looks for the location? When you apply for the Kem Chicks franchise, you may propose a site location, together with an initial market study of the proposed site, which will include the foot and vehicular count, competitive business establishments, and demographics (area profile). Our site selection Department will assess the site and validate the market study. 11. What continuing support will I receive? Ongoing support includes regular in – store visits to help you identify areas of improvement, assistance in the development of marketing and customer relations programs and activities, new operating procedures, and much more.12. What will my return in investment be? Although the brand name of Kem Chicks is a strong sales inducing factor, the amount of money a franchisee can expect to make will greatly depend on the ability of the franchisee to manage the business, drive sales volume, and control operating costs. 13. Is there territorial or area exclusivity? Kem Chicks does not grant territorial exclus ivity. Stores may be situated depending on market and customer needs. 14. How can I apply for a franchisee? 1) Fill out completely the Franchise Application Form. 2) Prepare the following: Letter of intent addressed to the Franchise Relations Manager Address, location, and vicinity map of proposal (to include site description, including business establishments within 1 km. radius) Comprehensive resume of the applicant (personal background information credit references, latest ITR, fixed assets and liabilities, proof of billing address, list of membership organizations, 22 colored photograph) XIV. MANAGEMENT LESSON LEARNED 1. Thorough knowledge on franchising business can choose among a wide range of distribution and expansion strategies, the group learn about the history of franchising and how it affects the industry. Franchise system played a big role in expanding businesses. 2. Economics of scale in order to stay in the industry, growing your business is a must. Growth can make good business sense better brand recognition, building value in the business for employees and customers, offering a wider range of products and services to a larger geographical markets, and creating â€Å"economies of scale†. 3. Develop your people – They prioritize their human resources development. Developing the capability and potential of your people is a key leadership and management competency. It shouldn’t be optional. 4. Franchising offers business owners a vehicle to quickly expand their businesses and increase market share without a major capital investment. 5. Franchising is a business partnership between a franchisor and a franchisee. The franchisor is the current legal owner of a franchising enterprise while the franchisee is the party interested to replicate the business in another location. 6. Systematic planning can result in the consideration of new products, new markets and new ways of doing business. A company considering expansion into a new market segment must plan all facets of this endeavor from manufacturing needs to marketing support. 7. Effective staff management is essential to ensuring your workplace runs smoothly and efficiently, and that the right employees are in the right positions. Employees who are well-managed and receive continuing training and evaluation are better prepared to do their jobs and to serve your customers. This can lead to better profits, more satisfied clients and an increase in repeat business.

Supply Chain Management Essay

Supply Chain Management Essay Supply Chain Management Essay Introduction Majors in supply chain management focuses on processes of excellence for the organization. Supply chain management focuses of the flow of information, services and goods that target at delivering maximum value to the organization’s customers. Supply management has the responsibility of supplying services and goods that the organization deals with to the customers. They also manage the transformation and conversion processes that target at converting input to output. Supply chain management functions within the scope of organizing, planning and controlling the flow of bought materials within the organization. The Majors gives close attention to the analysis and selection of vendors, price determination and value analysis. Supply chain Majors also have the responsibility of disposing surplus and scrap materials. It places emphasis on the efficient application and usage of transportation by the management of business within the framework of logistics. Supply chain manages resourc es, procurement, fabrication, production, storage and production. It consists of interconnected components, which are required for the transformation of ideas to delivered services and products. Through execution, Exel operated most part of the supply chain. These traditional activities lowered the costs of storing and moving products and improving the speed of delivery for HM. However, this represents a minute portion of the capabilities of the firm. Using the execution strategy, supply chain did not manage costs and opportunities available to customers. This included opportunities in the matching of supplies and demands. This is where the firm could manage the highest payoff. The planning function of supply chain has the potentials of enabling the firm attain its allocation and purchasing functions. Planning also ensures that the firm has better execution capabilities. Planning eliminates instances of the â€Å"just in case† behaviors that occur in ordering extra inventory. Planning has the potentials of ensuring that the firm’s shipments reach the customers on time. Planning confers deeper knowledge of supply chain, which would result to enormous savings. For instance, the lack of knowledge resulting from failures in execution would strain the firm in realizing the advantages of cost savings arising from consolidated trucks. Planning eliminates risks because of the expansion of the relationship between customers and the firm. Planning enables the exchange of greater stakes in the activities of the firm and its performance. Technology firms have approached Exel for a portion of its financial planning in order to increase their share of savings. Planning increases the confidence of the firm, which enables it exceed expectations. A clear understanding of the strategy will enable the firm move swiftly with its planning strategy. One of the executives at Exel noted that he needed to present a case for moving towards planning strategies for its supply chain. The ability of the execution team to execute the plans developed by the firm plays an enormous role in ensuring that the firm continuously develops creative planning strategies. Execution ensures the firm can lower the cost of storage and transportation and deliver products to customers effectively. The firm should become aware of the potentials of adding operations to its expertise, and to the customer is a planning function. The ability of ensuring smooth planning in allocation and purchasing requires the execution team performs effectively and understands its role. Planning and execution should be carried out jointly to ensure that nothing goes wrong in the supply chain. Professional essay writers at company can provide you with a high-quality custom essay on Supply Chain Management written from scratch!

Limitations to Financial Reporting Institute of Chartered Accountants Essay

Limitations to Financial Reporting Institute of Chartered Accountants in England and Wales - Essay Example Limitations to Financial Reporting Institute of Chartered Accountants in England and Wales The institution has identified a number of limitations with the present day financial reporting system such as disclosure of intangible asset values, the justification of fair value assumptions made and so on. The report is written from the perspective of accounts managers who perceive the regulatory environment for preparing financial reports. The report analyses the limitations faced by accounts managers in the current accounting and regulatory environment and the required changes necessary to improve the quality of reporting. One of the prime limitations of the financial reporting system is identified to be the lack of existence of a single static model of reporting. Different jurisdictions are seen to have established differential requirements associated with financial reporting. Accounts managers, who have evaluated the financial regulations and their shortcomings, believe that such a crucial step reduces the integrity issue associated with accounting and its reporting. It is also seen that the jurisdictions established are governed by different regulatory authorities, leading to differences in the manner in which governance is executed. On the basis of size, ownership and business activity, governance and reporting of business activities are seen to differ. The requirements established in terms of reporting are seen to alter form year to year.