Free Essays on Profit

From a business perspective, working under government contracts can be a very lucrative proposition. In general, a stream of orders keep coming in, revenue increases and the company grows in the aggregate. The obvious downfalls to working in this manner is both higher quality expected as well as the extensive research and documentation required for government contracts. If a part fails to perform correctly it can cause minor glitches as well as problems that can carry serious repercussions, such as in the National Semiconductor case. When both the culpable component and company are found, the question arises of how extensive these repercussions should be. Is the company as an entity liable or do you look into individual employees within that company? From an ethical perspective one would have to look at the mitigating factors of both the employees and their superiors along with the role of others in the failure of these components. Next you would have to analyze the final ruling from a corporate perspective and then we must examine the macro issue of corporate responsibility in order to attempt to find a resolution for cases like these. The first mitigating factor involved in the National Semiconductor case is the uncertainty, on the part of the employees, on the duties that they were assigned. It is plausible that during the testing procedure, an employee couldnt distinguish which parts they were to test under government standards and commercial standards. In some cases they might have even been misinformed on the final consumers of the products that they tested. In fact, ignorance on the part of the employees would fully excuse them from any moral responsibility for any damage that may result from their work. Whether it is decided that an employees is fully excused, or is given some moral responsibility, would have to be looked at on an individual basis. The second mitigating factor is the duress or threats that an employee mi... Free Essays on Profit Free Essays on Profit From a business perspective, working under government contracts can be a very lucrative proposition. In general, a stream of orders keep coming in, revenue increases and the company grows in the aggregate. The obvious downfalls to working in this manner is both higher quality expected as well as the extensive research and documentation required for government contracts. If a part fails to perform correctly it can cause minor glitches as well as problems that can carry serious repercussions, such as in the National Semiconductor case. When both the culpable component and company are found, the question arises of how extensive these repercussions should be. Is the company as an entity liable or do you look into individual employees within that company? From an ethical perspective one would have to look at the mitigating factors of both the employees and their superiors along with the role of others in the failure of these components. Next you would have to analyze the final ruling from a corporate perspective and then we must examine the macro issue of corporate responsibility in order to attempt to find a resolution for cases like these. The first mitigating factor involved in the National Semiconductor case is the uncertainty, on the part of the employees, on the duties that they were assigned. It is plausible that during the testing procedure, an employee couldnt distinguish which parts they were to test under government standards and commercial standards. In some cases they might have even been misinformed on the final consumers of the products that they tested. In fact, ignorance on the part of the employees would fully excuse them from any moral responsibility for any damage that may result from their work. Whether it is decided that an employees is fully excused, or is given some moral responsibility, would have to be looked at on an individual basis. The second mitigating factor is the duress or threats that an employee mi...

Comparing the Female Pirates Anne Bonny and Mary Read

Comparing the Female Pirates Anne Bonny and Mary Read During the Golden Age of Piracy (1700–1725), legendary pirates like Blackbeard, Bartholomew Roberts, and Charles Vane commanded mighty ships, terrorizing any merchant unfortunate enough to cross their path. Yet two of the most famous pirates from this age served on a third-rate pirate ship under a second-rate captain, and they never held an important position on board such as quartermaster or boatswain. They were Anne Bonny and Mary Read: bold women who left behind the stereotypical domestic chores of women at the time in favor of a life of adventure on the high seas. Here, we separate fact from myth in regards to two of historys greatest swashbucklerettes. They Were Both Raised as Boys Mary Read was born into complicated circumstances. Her mother married a sailor and they had a son. The sailor was lost at sea about the time Mary’s mother found herself pregnant with Mary, by another man. The boy, Mary’s half-brother, died when Mary was very little. The sailor’s family did not know about Mary, so her mother dressed her as a boy and passed her off as her dead half-brother in order to get financial support from her mother-in-law. Apparently, the scheme worked, at least for a while. Anne Bonny was born out of wedlock to a lawyer and his maid. He grew fond of the girl and wished to bring her into his home, but everyone in town knew he had an illegitimate daughter. Therefore, he dressed her as a boy and passed her off as the son of some distant relations. Bonny and Read may have been in a somewhat precarious situation- two women on board a pirate ship- but pity the fool who tried to take advantage of them. Before turning pirate, Read, dressed as a man, served as a soldier in an infantry regiment and once she became a pirate she was not afraid of accepting (and winning) duels with other pirates. Bonny was described as â€Å"robust† and, according to one of her shipmates, Captain Charles Johnson, she once badly beat a would-be rapist: â€Å"†¦once, when a young Fellow would have lain with her, against her Will, she beat him so, that he lay ill of it a considerable Time.† Piracy as a Womans Career If Bonny and Read are any indications the pirate captains of the golden age were missing out by sticking to all-male crews. The two were every bit as good at fighting, manning the ship, drinking and cursing as any other member of the crew, and maybe better. One captive said of them that they â€Å"were both very profligate, cursing and swearing much, and very ready and willing to do anything on board.† Like most of the pirates of the era, Bonny and Read made the conscious decision to become pirates. Bonny, who was married and living in the Caribbean, decided to run off with Calico Jack Rackham and join his pirate crew. Read was captured by pirates and served with them for a while before accepting a pardon. She then joined an anti-pirate privateering expedition: the would-be pirate hunters, most of whom were former pirates themselves, soon mutinied and returned to their old ways. Read was one of those who actively convinced the others to take up piracy again. Although they’re arguably the most famous real-life female pirates, Anne Bonny and Mary Read are far from being the only women ever to take up piracy. The most notorious was Ching Shih (1775–1844), a one-time Chinese prostitute who became a pirate. At the height of her power, she commanded 1,800 ships and 80,000 pirates. Her rule of the seas off of China was nearly absolute. Grace O’Malley (1530?–1603) was a semi-legendary Irish chieftain and pirate. Working Together and on Crews According to Captain Johnson, who knew both Read and Bonny, the two met while both were serving on Calico Jack’s pirate ship. Both were disguised as men. Bonny became attracted to Read and revealed that she was really a woman. Read then also revealed herself to be a woman, much to Bonny’s disappointment. Calico Jack Rackham, Bonny’s lover, was allegedly very jealous of Bonny’s attraction to Read until he learned the truth, at which point he helped both of them cover up their real gender. Rackham may have been in on the ruse, but it apparently wasn’t much of a secret. At the trials of Rackham and his pirates, several witnesses came forth to testify against them. One such witness was Dorothy Thomas, who had been captured by Rackham’s crew and held as a prisoner for a time. According to Thomas, Bonny and Read dressed as men, fought with pistols and machetes like any other pirate and were twice as ruthless. She said that the women had wanted to murder Thomas to prevent her from eventually testifying against them. Thomas said she knew them at once to be women â€Å"by the largeness of their breasts.† Other captives said that although they dressed like men for battle, they dressed like women the rest of the time. They Didn’t Go Out Without a Fight Rackham and his crew had been active in piracy on and off since 1718 when in October of 1720, Rackham was discovered by pirate hunters led by Captain Jonathan Barnet. Barnet cornered them off the coast of Jamaica and in an exchange of cannon fire, Rackhams ship was disabled. While Rackham and the other pirates cowered below decks, Read and Bonny remained on the decks, fighting. They verbally berated the men for their spinelessness and Mary Read even fired a shot into the hold, killing one of the cowards. Later, in one of the most famous pirate quotes of all time, Bonny told Rackham in prison: Im sorry to see you here, but if you had fought like a man, you need not have hanged like a dog. They Escaped Hanging Because of Their â€Å"Condition† Rackham and his pirates were swiftly tried and found guilty. Most of them were hanged on Nov. 18, 1720. Bonny and Read were also sentenced to hang, but both of them declared they were pregnant. A judge ordered their claim checked out and it was found to be true, a fact which automatically commuted their death sentence. Read died in prison shortly thereafter, but Bonny survived. No one knows for sure what became of her and her child. Some say she reconciled with her rich father, some say she remarried and lived in Port Royal or Nassau. An Inspirational Tale The story of Anne Bonny and Mary Read has captivated people ever since their arrest. Captain Charles Johnson featured them prominently in his 1724 book,   A General History of the Robberies and Murders of the most  notorious  Pyrates, which certainly helped his sales. Later on, the notion of female pirates as romantic figures gained traction. In 1728 (less than ten years after Bonny and Reads arrest), noted playwright John Gay wrote the Opera Polly, a sequel to his acclaimed Beggars Opera. In the opera, young Polly Peachum comes to the New World and takes up piracy as she searches for her husband. Female pirates have been part of romantic pirate lore ever since. Even modern fictional she-pirates like Angelica, played by Penelope Cruz in Pirates of the Caribbean: on Stranger Tides (2011) owe their existence to Read and Bonny. In fact, its safe to say that Bonny and Read have had a far greater impact on popular culture than they ever had on eighteenth-century shipping and commerce. Sources Cawthorne, Nigel. A History of Pirates: Blood and Thunder on the High Seas. Edison: Chartwell Books, 2005. Cordingly, David. New York: Random House Trade Paperbacks, 1996 Defoe, Daniel. A General History of the Pyrates. Edited by Manuel Schonhorn. Mineola: Dover Publications, 1972/1999. Konstam, Angus. The World Atlas of Pirates. Guilford: Lyons Press, 2009 Rediker, Marcus. Villains of All Nations: Atlantic Pirates in the Golden Age. Boston: Beacon Press, 2004.

Business plan of Towing Service Company Research Paper

Business plan of Towing Service Company - Research Paper Example The service industry is among the fastest growing sectors in US which has been expanding its horizon with zeal. In the last few years, the demand of towing service companies has increased significantly as the customers are looking for the professionals who can assist them in taking their vehicles to the auto repair outlets (Marsh, 2013). Since Orlando, Florida is offering huge potential for the towing service company, our organization will commence its business operations in January 2014 in this region. Brief description of the business and principals involved Our company has been present in the wrecker/towing service industry for many years and has been evaluating various expansion options so that it can offer the customized services to the customers. As the number of vehicle owners is increasing with the advent of time, it has become imperative for them to avail the services of a registered towing company who can provide them quick solutions for their auto related issues (Haq, 2013). We will make sure that the customers are provided all the required services with utmost ease and convenience. Since the vehicles can get broken down any instant on the road or any emergency situation can arise, the business of towing service will assist people who are caught up in such situations in resolving their matters quickly. All of our service providers will perform all the mandatory services with perfection so that the issues are avoided in future. This business will be beneficial for the society as the transportation safety will be enhanced by our expert offerings.

Analysis of International Business Law Cases Assignment

Analysis of International Business Law Cases - Assignment Example With regard to the first legal issue, because no agreement was made between the parties either as prior verbal agreements in interpreting the contract and upon writing of the contract, and on the use of any trade terms regarding the delivery of goods and on the passage of risk, Articles 31, 32 and 67of the United Nations Convention on Contracts for the International Sale of Goods (CISG) applies. According to Article 31, which outlines the obligations of the seller: Thus, Mellow, upon delivering the wine to S.S. Minnow for delivery to Ambrosia and identifying it as belonging to Tippler with the appropriate shipping documents and markings has concluded his end of the transaction and the risk, as outlined in Article 67 states that: (1) If the contract of sale involves carriage of the goods and the seller is not bound to hand them over at a particular place, the risk passes to the buyer when the goods are handed over to the first carrier for transmission to the buyer in accordance with the contract of sale. (Article 67), has passed to Tippler.  Thus, the lack of terms of trade in the contract makes Tippler's defense, stating that the risk has not passed, to have little chance for success because Mellow concluded his obligations to the contract upon delivering the shipment to S.S. Minnow in Small Port. Furthermore, the fact that the goods were lost at sea indicates that the damage occurred after the risk was passed, strengthening Mellow's case. However, even though Tippler's defense is weak with little chance for success, Grape, the country where Mellow filed the lawsuit, has no jurisdiction over the case. While the contract between the two parties was not clear in identifying the terms of trade for the transaction, it was clear in stating that disputes regarding the transaction will be heard in the courts of Ambrosia designating the CISG as its governing law. This accords the jurisdiction for the case to courts in Ambrosia and not Grape. Furthermore, since no place of delivery was properly ascerta ined, there is no definite place of performance that can be identified, aside from the one mentioned in the contract to choose the appropriate court.  

Language and memory Essay Example for Free

Language and memory Essay Limitations with the study included the sample range being too small. This means that it is difficult to make generalisations because 20 undergraduate students cannot possibly be representative of the sample population. In order to improve the experiment, a wider sample range could be used, including people from different age groups and ethnic backgrounds. Another limitation was gender bias. The driver in the vignette was male which could have meant that male participants may have been more sympathetic to him when giving an estimation. If a female character had been used, the results may have been different. This could be improved by using two sample groups, both with female characters, but again with either the smashed into condition or bumped into condition. The results of this and previous studies have a number of implications in todays society. Loftus and Palmers work (1974), showed how changing a verb in a sentence, can alter eyewitness recall of a car accident. These findings have major implications for the Legal Justice Systems. In a study by Rattner (1988), a review of 205 cases of wrongful arrest showed that 52% of the cases were associated with mistaken eyewitness testimonies. These results highlighted the unreliability of eyewitness testimony. Other studies have demonstrated that witnesses sometimes cannot attribute memory to its appropriate sources, or that they make source attribution errors. When witnesses get information from other witnesses and from the police, then their own recollection is likely to be contaminated (Fisher, 1995). This is yet further evidence suggesting that there should be less dependence on eyewitness testimony, and with the arrival of advanced gene technology, it is now possible to use alternative sources of evidence. References Carlson, N. R., Buskist, W., Martin, G. N. (2000). Psychology The Science of Behaviour, 266-267 Loftus, E. F. and Palmer, J. E. (1974). Reconstruction of automobile destruction: an example of the interaction between language and memory. Journal of Verbal Learning and Verbal Behaviour, 13, 585-589. Fisher, R. P., (1995). Interviewing victims and witnesses of crime. Psychology, Public Policy, and Law, 1(4), 732-764.  Nisha Ghei Eyewitness Practical

The Garment Industry :: essays research papers

Globalization is basically about attempting to make things global and expanding products and companies over seas to countries all around the world. It can also be classified as the process of creating languages, services, and products that apply not just to an individual neighborhood or city or country, but to the whole world. Canadians have experienced many benefits that globalization has brought to their lives including the availability to products and services from all around the world. However, at the same time on the other side of the world it has had many pessimistic or negative effects on workers in developing countries. As Globalization began to boom, the number of sweatshops also increased greatly and its effects were most definitely harming in many ways to the individuals employed by them; mainly women and children. Out of all the industries that have become globalized, the textile and garment industries are amongst the most. Mutually the textile and garment industries mak e up one of the largest sources of industrial employment in the world. In virtually every country around the world clothing is being produced but being sold somewhere else. Around 30 million people are making clothes and textiles around the globe and out of those thirty million, most of them are women. Around the world women and children are suffering because of the introduction of sweatshops, low wages, unsafe working environments, free trade zones, foreign control, sub contracting and abuses of human and worker rights. Historically, the word "sweatshop" originated in the Industrial Revolution to describe a subcontracting system in which the middlemen earned profits from the margin between the amount they received for a contract and the amount they paid to the workers. Today a sweatshop is defined by the government as any business or factory that violates one or more of the federal or provincial labor laws which are as follows: minimum wage and overtime, child labor, industrial homework, occupational health and safety, workers compensation, or industry registration. Originally when the garment industry went global it was all about the positive effects it was having on the developing countries in which the factories were located and about all the jobs that were introduced to those who once could not ever imagine getting paid to work. As Globalization began to show more of its negative effects on those lives of the individuals in developing countries, it became more evident that because of this globalization people on every continent and territory were exposed to and forced to consume a North American culture.

Financial Terms Worksheet Essay

Understanding health care financial terms is a prerequisite for both academic and professional success. This assignment is intended to ensure you understand some of the basic terms used in this course. Complete the worksheet below according to the following guidelines: In the space provided, write each term’s definition as used in health care management. You must define the term in your own words. In the space provided after each term’s definition, summarize a health care management scenario that illustrates the importance of the skill, concept, procedure, or tool to which the term refers. In the scenario, you may wish to consider the following: Why the skill, concept, procedure, or tool is necessary for accurate record keeping, operational efficiency, excellent patient services, employee management, regulatory compliance, reducing costs, forecasting, and so forth Successes enabled by an adequate understanding or appropriate application of the skill, concept, procedure, or tool Risks or failures associated with an inadequate understanding or inappropriate application of the skill, concept, procedure, or tool Save the completed worksheet as a Microsoft ® Word document with your name in the file name. Submit the file to your instructor. Worksheet Submitted By: Keila Quintanila [Type your name here.] Term Definition Scenario Balance sheet A fiscal statement that summarizes a company’s assets, liabilities, shareholders’ equity at a specific point in time and net worth. This statement will display if the organization is in good fiscal standing or not and if they can meet their long-term fiscal responsibilities. The director asked for the titles of the four financial statements that included in an audited financial report, which are the following: Balance Sheet statement, Income Statement, Statement of Cash Flows, Statement of Fund Balance or Net Worth or Equity statement. Statement of revenue and expense A statement summarizes amount of profit earned minus the amount of operating expense. The statement will indicate the difference as profit or loss. The health care manager purchased some medical equipment, in which he will enter in the statement of revenue and expense; the document will show the amount of profit earned and the minus amount of operating expenses. This will clearly shows the difference as profit or loss. Revenue cycle The revenue cycle starts with meeting of customers, following any transactions during the period of transactions and continues with a  company/customer association. The salesman has brought revenue into the company. Furthermore, the salesman describe that, the Revenue Cycle beings with meeting with customers, presenting the product and closing the sale during specific time; but more important is to have a continues business relationship with company and customers. Payer mix Medical practice: Medicaid, Medicare, indemnity insurance, managed care–of monies received by a medical practice Medical organizations predict third party payer mixes so that they can precisely predict their profits for the coming term. Revenue The amount of currency that a company essentially receives during a specific period, including discounts and deductions for returned products. It is the â€Å"top line† or â€Å"gross income† figure from which costs are subtracted to define net income. The medical organization, revenue is the money received from insurance companies, payer mix that brings in from the rendered services. The medical organization usually calculates and report revenue for a quarter or a year. References Baker, J. J., & Baker, R. W. (2011). Health care finance: Basic tools for nonfinancial managers (3rd ed.). Sudbury, MA: Jones & Bartlett Publishers.