Essay on Business Plans

Responsibilities and duties of holiday inn manager

In a holiday inn business, managers run the room rentals with duties that vary depending on the size and type of the business. Under the premise that holiday inn type of lodging is popular with vacationers and business travelers alike; innkeepers are the most charming, well- informed persona about their area and should be one […]

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Financial Hazard

? positive attitude towards BPO is assumed to positively influence ? intention to increase ? level of BPO. Based on TRA, we define ? attitude towards BPO as ? overall evaluative appraisal, made by ? manager who is responsible for ? business procedure, of having that procedure outsourced to an external service provider. ? relationship […]

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Financial Planning and Services

Organizational progress is one of the major goals of any institution set up for business. The management of financial resources and proper decision making is one of the most efficient ways through which such an enterprise can obtain progress.  Every organization aims to have increased profit margins and improve the quality of their company through continued sustainable practice. The proper management of the financial aspect of the company can ensure that these goals are met. This paper is a review of financial management practices including sources of finance to determine proper practice in the field. A number of case studies are analyzed for the adequate answering of these questions.Financial Planning – Sources of FinanceThere are different types of finance available for businesses depending on the needs of the organization at the time. Equity or debt financing is available because of the variety of needs in a company depending on its size and finance structure. In the case of financial needs in the company, there can be internal or external forms of finance. Different methods are available for financing, namely short-term and long-term finance sources.Short-term financing have three main forms of financing, namely overdrafts, factoring and trade credits (Douglas, 2010). Overdrafts are financial provisions where the firm can take out more money from the bank than they have as a form of short-term finance in expectation of incomes to the company. The intention of such overdrafts is that the company should be able to pay back shortly – thus the label short-term finance. Trade credits are forms of short-term finance where the company will take out goods on credit in view of gaining an advantage to supply and pay back the debt (Hill, 2013). The supplier will have to wait for a few days before payment for the goods delivered is processed. Factoring, on the other hand, is writing an invoice to the company in arrears of payment to request full payment of all money due as opposed to waiting for one month to process payments for such large transactions. For this particular case, the company expecting payment can factor in such payments instead of waiting the full 28 days for the processing of payment.Long-term finance plans are also available to the institution in the form of leases, grants and stakeholder contributions. An example of such a lease is a debenture. In this instance, the company obtains a loan which has a very long repayment period. Encumbrances from the loan are normally calculated and deducted from revenues before taxes are paid. For example, if a university should obtain a debenture for the refurbishment of its facilities, these repayments will be deducted from revenues before taxes are paid to the government. Other forms of leases include the long-term payment of assets that the company is making use of including lands, vehicles, and other forms of chattel owned by the organization. Grants are finance sources offered to non-governmental organizations and other forms of government agencies for dealing with social ills such as unemployment, crime and so on. Most grants are normally not repaid. They are given as financial boosts to such organizations for the improvement of service (IASB, 2007).Monetary policies are a commonplace phrase in the economic environment. It denies the actions that particular regions take in a bid to control the flow of money in that region and avoid issues such as inflation to promote economic growth (Deal Flow, 2014). Planning an organization financially is key to the positive risk avoidance for institutions for adversities that may face it. Rising economic crises that are global in nature show the need for the company to organize itself financially in different ways in order to avoid the possibilities of liquidation or shutting down operations (BBC UK, 2014). Cash management, prioritization and business planning for the long term are some factors necessitating planning for enterprises and organizations. In the face of prevailing financial trends, there is also a need for planning as an enterprise anticipates diverse economic situations that may rock the financial sector of the company. Financial planning finally ensures that there can be progress measurement in terms of revenues and other forms of income that the company obtains.As such, it is important to consider that the different kinds of financing methods are attached with different costs and liabilities. For example, the cost of obtaining finance from equity is often higher than that of obtaining finance from debts. This means that loans and debentures are always better placed for both risk and repayment as opposed to short-term finance methods. This could be because of a range of factors including the fact that the longer repayment periods offer diversified risk portfolios and evenly-spread financial risk to the lender. Furthermore, long-term debts are mostly used for value-adding practices to the company including the acquisition of asserts (Boundless, 2013). On the other hand, short-term financing methods are often used for the purpose of running daily operations, and may not yield as much returns on investment as would long-term initiatives. Equity is a deductible expense. As such, equity financing may increase hurdle rates in the course of creating offsets for reduction of cash flows. This means that there is higher risk attached to the engagement of equity. Institutions receive loans (otherwise known as debentures) at an interest rate. This is the cost associated with such long term financing methods. Short-term methods, however, may not have costs attached to them as financiers will be willing to remove additional costs so long as the repayment date is observed. However, a company that takes on more aggressive pursuits in their quick business may overload on short-term finances and increase company risk when such an enterprise engages in business. In addition, late payments made for short-term finance cause miscellaneous costs that the company is taking on to increase. Months Cash Sales Cash Inflows Credit Purchases Cash outflow Expense Cash Flow Difference Cumulative Difference (Discounted)   CONTENTrsquo;000 CONTENTrsquo;000 CONTENTrsquo;000 CONTENTrsquo;000 CONTENTrsquo;000     0 0 750 0 0       1 60 550 55 310 15 355 -100 2 70 630 65 450 15 315 0 3 75 770 60 500 15 […]

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Colleagues or superiors

Healthy relationships with colleagues would help us to become better individuals. There were times when my beliefs were different from those of others. I remember one specific incident that tested my belief. My colleagues at the AGS Ltd. were good people. Most were greatly friendly towards the other peers, while trying to build good relations […]

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Contract Security

This papers seeks to highlight the differences between Proprietary and Contract Security. The paper will give verified information on these two. Thesis statement: both Proprietary and Contract Security are securities in the market yet they operate different but aim at meeting similar goals. (Fischer & Janoski, p. 138) Literature Review: First, we will start this […]

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Electronic contracts law

The Internet offers a remarkable opportunity for market penetration and is globally being used to do business in what is dubbed as e-commerce. Initially, the internet was meant to enable free and fast exchange of information. Over time, most businesses incorporated e-commerce into their businesses. Similar to other offline commerce, e-commerce has contractual obligations . […]

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Upstream Teacher’s Book

:, . : l, I r. trrtr. r, tli ‘ i l 1 , :l t .:’1, i rl i l r i i l i l l i r i l . I -,) i i ” i, i r i l i l. -L:VEil-iil’i-llUp,c’iireatrn Bl1+r:i Frnlotllii,sliar:-. el;olrdernl-ie-‘rlell t-tl,vel ectr::l’se1iol’letalrnerr: o,,i iiiileLEil(. ltir-sh l;”-. […]

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Branded products

The motivational techniques used at Walgreen can be discussed in the light of the above background. Walgreen uses a number of techniques to motivate its employees. These include attractive incentives, the social context, positive punishers, positive reinforcers, negative reinforcers, aversive incentives, as well as negative punishers. Some of the attractive incentives used at Walgreen include […]

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Banners Broker Scam Cancelled Contract With Ireland Representative Paul McCarthy

There are news again from the Banners Broker Ponzi Scheme which appears to be one of the biggest online scams at this time. A new report of the Irish Examiner says that Banners Broker has cancelled the contract between the scam and its Ireland representative Paul McCarthy from one day to another.According to the newspaper, […]

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Sunil Bharti Mittal

Sunil Bharati Mittal is the Chairman & MD of Bharti Group, India, The largest Telecommunication player of India having its presence in more than 17 Circles of India. Today, Airtel has a national network with a presence in nearly every major sector. The Company is one of the India’s Largest Telecomm sector Company having a […]

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Difficult Customers

Difficult Customers The customer leaned across the counter. “You mean I spend thousands of dollars in here, and I can’t return a defective tool? ” he said. “Well, the tool isn’t really defective,” replied the counter salesperson. “So you’re calling me a liar? ” The customer now had everyone’s attention. His loud voice and aggressive […]

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Shawshank Redemption

The Opening Scenes In the first scene Andy Du Fresne is on trial for the murder of his wife and her lover. He is then sentenced to serve two life sentences back to back at Shawshank Prison. In the second scene Red is being interviewed as he is requesting parole. We learn he has served […]

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Adaptive Selling

Although this was his first job, Matter was enthusiastic because he believed that he had learnt a lot about Ace products during his training period. However, at the end of his month in the field, Matter was disappointed. He had followed all the selling “steps” suggested by his trainers but he did not seem to […]

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12 Negotiating Variables for International Business

Define the 12 negotiating variables * Basic concept of negotiation: It might be applied in a different way from one culture to another. Usually the negotiation process is highly influenced by the cultural dimensions of negotiators. Sometimes process is highly affected when one negotiator applies ‘high context’ while the other at ‘low context’. * Selection […]

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Mastery Exercises

What types of petitions can be filed by indigent litigants who cannot afford to hire a lawyer to write and file a petition for them? A. In formal pauperism 2. Discovery is designed to prevent trial by surprise a. True 13. Under Article II, a. The President has the power to nominate judges with the […]

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Grocery Inc.

Grocery, Inc. Paper It has been known for major companies to be in the light of the court for breach of contract. Depending on the stipulation of the contract most companies end up losing, but it is solely based on what the contract states. For example, in the matter of Grocery v. Masterpiece, (Specific performance, […]

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Summary of Dillon vs. Champion

Background: Linda Dillon has sued Champion after she was encouraged to take a more challenging position within the company and was then fired for not meeting expectations. She claimed that she was told that it would take several months to get up to speed and that Champion would give her extensive training. Instead, she was […]

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Career episode for planning and cost control engineer

Deacon Engineering Limited Is an Integrated engineering services and manufacturing company operating In Pakistan and the Middle East. The company offers services cover engineering, procurement, manufacturing, construction, commissioning and maintenance. Deacon Is a multinational company renowned in the region for its quality, safety and on-time delivery of projects and products. Name of Organization Deacon Engineering […]

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Donna Dubinsky And Apple Computers

Why was Dubbing’s Initially successful at Apple? Donna Dubbing’s was Militantly successful at Apple because she projected a lot of confidence and conviction In her beliefs. Donna was a decision maker who battle for procedure. Donna was focused primarily on her caring and honest relationships with her subordinates. Donna was aggressive with her convictions: she […]

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David and Goliath

When I first read the assignment, it took me back to my Sunday school days at church. I learned several bible stories but David and Goliath was one of my favorite stories. I was told that the moral of David and Goliath, “Nothing is too big to overcome with the strength of the Lord. Malcolm […]

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Moot research

The Tribunal has Jurisdiction over Respondent 1 under settled principles of arbitration law and In any event, the corporate veil between Respondent 1 and Respondent 2 must be lifted. 1 A. The Tribunal has the authority to determine Its own jurisdiction. 1 B. Respondent 1 is bound to the arbitrate proceedings. 2 1. The corporate […]

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