review - 2532 Words

This research paper will use intra-entity basis (within the company) and industry (differences between entities within the industrial product industry) analyses to examine the competitiveness of Choo Bee Metal Industries Berhad (CB). Ann Joo Resources Berhad (AJ) will be used for comparative studies. It begins with the external environment analysis, followed by industry attractiveness (Porter’s Five Forces) and SWOT analysis. The main focus is evaluating CB from the accounting management perspective. It includes horizontal analysis, vertical analysis and ratio analysis. The horizontal and vertical analyses cover income statement, statement of financial position and cash flow. The ratio analysis will examine liquidity, solvency and†¦show more content†¦For this industry, there is high market risks exposure mainly due to changes in steel raw materials and finished goods prices (Annual Report 2012). Operating Income (OI) for year 2010 and 2012 were similar, however in 2011 there was a huge increase of 88% to RM 46,483,000. However, net income of the company decreased from RM 15,796,584 to RM 9,640,000 in 2012. This is due to the impairment in goodwill of RM 87,000 relating to its subsidiary, Taik Bee Hardware Sdn. Bhd. because of the declining trading business operations (Annual Report 2012). However, comparatively to AJ, who is incurring loss in 2012, their OI dropped from RM 62,113,000 to a net loss of RM 18,867,000. The loss is mainly due to a sharp increase in COGS as severe price increase of raw materials, and a high Selling General and Admin Expenses (SGA). Although AJ’s sales is nearly half of CB’s sales for the year, but AJ SGA amounted to a high RM 84,457,000 which is almost 7 times of CB. This leads to the negative in net income for year 2012. 5.2 Statement of Financial Position Total Assets (TA) for year 2010 to 2012 were similar with minimum changes. However, there was a huge decrease in Total Liabilities (TL) from RM 51,518,054 (2010) to RM 27,533,000 in 2012. This is mainly due to the decrease in Accounts Payable (AP) of almost 58%. CB managed to settle its unsecured payables of RM 60,000 from previous year in this financial year, thus leading to a decrease in its totalShow MoreRelatedBook Review : A Review Of A Book Review1431 Words   |  6 Pages Book reviews are just that: a review of a book. They can be used for news articles, blogs, or academic journals. A book review is more than just a book report. It can give the reader more of an insight into not just the book, but the author as well. Most authors write of what they know. For example, some authors have backgrounds in law enforcement so they write about cases they know or have worked. Other authors research groups of people, for example the Knights Templar, and write of whatRead MorePeer Review825 Words   |  4 PagesENGL112 Peer Review Worksheet INSTRUCTIONS: Peer Reviews will be conducted in class discussion forums during Week 7. Be sure to review the Lecture and the Discussion area for additional details and guidance. Please complete the following steps below, returning a separate peer review worksheet for each of the two classmates whose papers you review. This assignment is worth 50 points. * You will receive 10 points for submitting your draft by the required deadline. * You will receive 20 pointsRead MoreTypes Of Peer Review : Review1158 Words   |  5 PagesTypes of peer review There are different journals which follow different types of peer review, based on the kind of research they publish as well as their journal management style. The single and double-blinded peer reviews are the most commonly adopted by many journals. In the single-blind review, the reviewer is aware of the author’s identity, but not vice versa. In the double-blind review, both the author and reviewer are not aware of the other’s identity. In the recent time, some academic journalsRead MoreTried And Tested:. The Impact Of Online Hotel Reviews On1028 Words   |  5 PagesTried and tested: The impact of online hotel reviews on consumer consideration Presented by Jinyue Wang 1000042488 Catalogue Introduction Literature review Methodology Findings Managerial Implication Supported Example 1 Introduction  · Research Gap Impacts of online reviews Researches on electronic word-of-mouth Relationships between users and contributors of review sites  · Research aim Find out the impact of online reviews to hotels’ potential consumers. i.e., their purchase decisions  · ResearchRead MoreJudicial Review2674 Words   |  11 PagesIntroduction The controversy of judicial review which at extreme points, is called judicial activism, is a concept new to India. Judicial review can be defined as the judiciary, in the exercise of its own independence, checking and cross checking the working of the other organs of the government, while trying to uphold the ideal of ‘the rule of law’. Judicial activism more reformist in character is often confused with judicial review. According to Black’s Law Dictionary, judicial activismRead MoreEmployee Performance Reviews Essay1296 Words   |  6 PagesPerformance reviews are designed to both evaluate general performance and measure progress around specific goals. Both negative and positive aspects are incorporated in these reviews as they should serve as a point of reference to both look back in evaluation and ahead in anticipation. Pulling back from daily demands in order to assess and review employee performance allows managers to focus their attention on specific departments and clarify what is high priority to their company. Performance reviews alsoRead MoreOnline Teen Forum Review Essay670 Words   |  3 Pagesindividuals, presumably teens, asking for book recommendations. Other users or staff members of the site give their opinion on what book would best fit the request that the user has made. Occasionally a user will offer their opinion in the form of a book review, although it is informal and still often takes the form of a recommendation. Perhaps the best example is a post from November of last year concerning The Faults in Our Stars. In the post, the author comments on how much she enjoys the writing ofRead MoreCRITICAL APPRAISAL OF A SYSTEMATIC REVIEW AND NARRATIVE REVIEW3844 Words   |  13 Pagesï » ¿CRITICAL APPRAISAL OF A SYSTEMATIC REVIEW AND NARRATIVE REVIEW RELATED TO COMPUTERISED PHYSICIAN ORDER ENTRY SYSTEM The author of this paper is a nurse educator working in an Intensive Care Unit (ICU) within the north-west region of England. For the purpose of this paper, the author has chosen a systematic review (SR) and a narrative review (NR) and aims to critically analyse these reviews using the Critical Appraisal Skills Programme (CASP) tool. The CASP tool has been developed by the SolutionsRead MoreWhat Is Peer Review?960 Words   |  4 PagesThe literature review What is peer review? Peer review is the evaluation of scholarly and academic articles by other researchers or scientists who are expert in the field and qualified enough to perform a reasonably neutral review. It is an indispensable part of the process of the scholarly publication. Most academic journals rely on scholarly peer review, or refereeing, to help editors evaluate the quality of articles submitted to their journals. The review process is a skill, which is learnedRead MoreEssay Literature Review1001 Words   |  5 PagesLiterature Review The purpose of this research project is for you to create a scholarly piece of graduate-level research and writing, which conforms to APA format. Competency in the APA format is required of all Business graduates of Liberty University, as set forth by policy of both the Graduate Faculty and the administration. You will research and write a literature review on a topic relevant to our course. What is a Literature Review? â€Å"A literature review discusses published information

Workers Compensation Essay - 788 Words

nbsp;nbsp;nbsp;nbsp;nbsp;Workers’ compensation is meant to protect employees from loss of income and to cover extra expenses associated with job-related injuries or illness. Accidents in which the employee does not lose time from work, accidents in which the employee loses time from work, temporary partial disability, permanent partial or total disability, death, occupational diseases, noncrippling physical impairments, such as deafness, impairments suffered at employer-sanctioned events, such as social events or during travel to organization business, and injuries or disabilities attributable to an employer’s gross negligence are the types of injuries and illnesses most frequently covered by workers’ compensation laws. Since 1955,†¦show more content†¦Medical expenses are usually covered in full under workers’ compensation laws. It is a no-fault system; all job-related injuries and illnesses are covered regardless of where the fault for the disab ility is placed. nbsp;nbsp;nbsp;nbsp;nbsp;Workers’ compensation coverage is compulsory in all but a few states. In these states, it is elective for the employer. When it is elective, any employers who reject the coverage also give up certain legal protections. Benefits paid are generally provided for four types of disability: permanent partial disability, permanent total disability, temporary partial disability, and temporary total disability. Before any workers’ compensation is reorganized, the disability must be shown to be work-related. This usually involves an evaluation of the claimant by an occupational physician. One major criticism of workers’ compensation involves the extent of coverage provided by different states. The amounts paid, ease of collecting, and the likelihood of collecting all vary significantly from state to state. nbsp;nbsp;nbsp;nbsp;nbsp;After a decade of yearly double-digit increases in the cost of workers’ compensation, in the early 1990s at least 35 states began to make changes in their workers’ compensation laws. These changes included tighter eligibility standards, benefit cuts, improved workplace safety, and campaigns against fraud. Recent data indicate that these changes are paying off. The ratesShow MoreRelatedWorkers Compensation Essay2263 Words   |  10 PagesWorkers Compensation Workers compensation is meant to protect employees from loss of income and to cover extra expenses associated with job-related injuries or illness. Accidents in which the employee does not lose time from work, accidents in which the employee loses time from work, temporary partial disability, permanent partial or total disability, death, occupational diseases, noncrippling physical impairments, such as deafness, impairments suffered at employer-sanctioned events, such asRead MorePurpose Of Workers Compensation Insurance1244 Words   |  5 PagesSmall business can expect to pay around $2,000 to $3,000 in Workers Compensation Insurance premiums annually, where the premiums raise with number of covered employees. There is a minimum requirement for Employer liability coverage in Workers Compensation, required by law, of $100,000 to $500,000 per employee for body injury claims. Workers compensation insurance aims to provide coverage to employer for medical costs in the event of employee injury due to employer negligence or lawsuit from employeeRead MoreWhat Is Workers Compensation Insurance527 Words   |  2 PagesWhat is Workers Compensation Insurance ? The workers compensation insurance is a type of coverage that pays for medical services and salaries of workers injured on the job. California law requires every business to have this type of insurance for all employees . Under this law and the workers compensation coverage employees who are injured on the job can not sue the company. Business owners are required to keep their own safety in all areas of work. However, accidents can happen. In these casesRead MoreEssay about Workers Compensation Fraud1575 Words   |  7 PagesWorkers Compensation Fraud Workers Compensation is a service that provides reimbursement for lost wages to employees who have sustained injuries from work or work-related tasks. It is also one of the services that is most often the victim of fraud. Each of the three types of fraud, claimant, employer, and provider, is defined by the same characteristics, outlined by the Ohio Board of Workers Compensation: #61623; Receiving workers compensation benefits that are not entitled to the claimant; Read MoreThe Importance of Worker Compensation2541 Words   |  10 Pagesemployees. Compensation is the gratification that employees receive in exchange for their work. It is the element that allows the company to attract and retain the human resources and the employee meet their material needs, security and ego or status and varying compensation schemes acquire increasing importance in organizations. The study of Westerman et al (2009) finds that many organizations are seeking to find a competitive advantage and experimenting with new schemes of compensation, allowingRead MoreExecutive Summary : Kansas Building Industry Workers Compensation Fund2187 Words   |  9 PagesEXECUTIVE SUMMARY Kansas Building Industry Workers Compensation Fund (KBIWCF) is a group self-insurance fund, this means that insureds are pooling their dollars with other members of the fund. Many of the insured’s lack a strong safety culture and in turn it ends up costing them and the KBIWCF unnecessary claims expenses. Requiring the insured’s of KBIWCF to Physical Capacity Profile test their employees would strengthen the insureds safety culture. KBIWCF’s mission is: â€Å"To operate a financiallyRead MoreThird Party Intervention Strategies Of A Workers Compensation Case From Cook County, Illinois1903 Words   |  8 PagesIntroduction This paper overlooks the third party intervention strategies of a workers compensation case from Cook County, Illinois. Third party refers to a person or team of people who become involved in a conflict to help the disputing parties manage or resolve it. Third parties could act as consultants, helping one side or both sides analyze the conflict and plan an effective response. In dealing with court cases, the third party intervener has evidence and representations are taken whole takenRead MoreThe Political Economy Of The Canadian Workers Compensation System1074 Words   |  5 PagesAlberta Workers’ Compensation Board, and for the Alberta government before beginning his tenure with Athabasca University. The purpose of the book is to critically and candidly explore the way in which the Canadian government prevents workplace injuries and handles workers compensation for workplace injury; who exactly benefits from the current system; and in what ways they benefit. The Content: This book takes the reader on a logical and chronological journey of the Canadian workers’ compensationRead MoreEssay on Workers Compensation800 Words   |  4 PagesWorkers’ Compensation Workers’ compensation provides compensation benefits to employees for disabilities due to personal injury or disease sustained while in the performance of their duty. The purpose of Alabama’s Workers’ Compensation laws is to ensure proper payment of benefits of employee’s injuries on the job or who contract a work related illness and encouraged safety in the workplace. These benefits include payment of medical expenses and compensation for wages loss. Dependents are alsoRead MoreThe Workers Compensation Benefits1887 Words   |  8 Pagesripping off his arm below the elbow (Grabell et al.). Little did Whedbee know that the worst was yet come when he would struggle with laws restricting his workers’ compensation benefits for years to come. Whedbee is not the only one who has faced these difficulties. Over the past few decades, states have been dismantling America’s workers’ compensation standards to benefit the employer, and not the employee, and this has resulted in disastrous consequences for many people, such as Dennis Whedbee, who

Argument for Welfare in the United States Essay - 841 Words

Can a single mother of three working full time for minimum wage afford to pay by herself for food, clothing, transportation, childcare, occupational training and medical care? Without government aid, the obvious answer is no. Temporary Aid to Needy Families (TANF), as described by Robert Kuttner, is a government aid program designed to help all of the working poor rise out of poverty. It includes tuition reimbursements, wage supplements, and above all, childcare? (Kuttner). It creates a more equal opportunity for those at a disadvantage to improve themselves and their situation. TANF, which limits the time families can remain on welfare, appears to be a smashing success (Cohn). First, if eligibility were to become stricter, seeking†¦show more content†¦(Dr. Adams). Citing the aforementioned requirements, it is obvious that making eligibility stricter would not help, but, for three specific reasons, would instead hurt the nation?s welfare system. First, if the government were to make welfare eligibility stricter it would impede on the attempts of those below the poverty line trying to find a job. TANF ?can free up additional dollars for work related expenses and other basic needs and thus aid families? efforts to move from welfare to work? (Sard and Daskal). It is needed to help pay for those ?necessities that often accompany employment, such as additional clothing and food costs, child care, and transportation to and from work? (Sard and Daskal). The program does not just hand out money, but provides the aid needed to ?achieve self-sufficiency? through employment (Cohn). Without the additional money for clothing, food costs, child care, and transportation, an individual would not be able to maintain employment and abide by the TANF requirements. It is evident that TANF is necessary for those individuals that live in poverty and are seeking employment. If the requirements were to become stricter, the number of the employed a nd those living below the poverty line would increase simultaneously. Second, those in need cannot become productive members of society if an education or occupational training is not inShow MoreRelatedU.s. Salmon Aquaculture : Ethical Issues1390 Words   |  6 PagesU.S. Salmon Aquaculture: Ethical Issues in Farmed Salmon Kimberly Jones Troy University Dr. Miller â€Æ' Abstract There are many ethical arguments surrounding aquaculture. The salmon industry in the United States has many ethical concerns in relation to farmed salmon. This paper will first discuss the salmon industry, then discuss specific ethical issues facing farmed salmon, and finally review any laws, regulations or relief efforts in place to reduce these ethical concerns, or that aggravate theseRead MoreWelfare Is Not Solving Poverty923 Words   |  4 PagesRonald Reagan said, â€Å"Welfare’s purpose should be to eliminate, as far as possible, the need for its own existence.† Welfare is not solving Poverty in America. Before I start this argument I need to assert that I do not think that welfare is a matter of solving poverty anymore. I agree with Ban Ki-Moon when he says, â€Å"True security is based on people’s welfare.† Welfare has become a way of keeping the impoverished people from becoming desperate enough to commit crimes, but within this system, thatR ead MoreWelfare And The Government s Contribution Towards Poverty1266 Words   |  6 Pagesan opinion about welfare and the government’s contribution towards alleviating poverty. Amongst all these opinions, a person can get confused on what is fact and fiction, who is right and who is wrong. However, with actual data accredited to unbiased sources, and references to qualified studies, I have confounded enough evidence to support my claim. I found that despite opinions, according to the facts, welfare does help alleviate poverty. According to the article Ending Welfare as We Know It: ARead MoreWelfare Recipients Should Be Periodically Tested for Drugs822 Words   |  3 Pages In today’s society about 12,800,000 people are supported by government welfare programs for help with their financial necessities. The argument everyone is making nowadays, is whether or not they should be drug testing recipients of welfare. I agree with this strongly because I know that if I were paying taxes on this program I would not want someone going out and abusing this privilege on drugs. People collecting welfare, or other government assistance, should be drug tested because if they areRead MoreShould Drug Testing Welfare Recipients?1679 Words   |  7 Pagespositive for drugs should be able to receive welfare. It was an argument that flooded social media, arguments filling comments with opinions. It is a subject that continues to be discussed within our peer groups, our communities, and our states. This paper will disc uss the opinions of individual’s within the country, the beneficial factors of drug testing welfare recipients as well as the unbeneficial factors, as well as who decides if drug testing welfare recipients goes into effect or not. So whatRead MoreFree And Accessible Birth Control1722 Words   |  7 PagesFree and Accessible Birth Control in the United States A total of 730,322 abortions were reported from the Centers for Disease Control in 2011. This could easily be resolved with proper usage of birth control. But the fact of the matter is that only 62% of women are actually using proper birth control, now this may seem like a lot of women, but there is 158.6 million women in the United States alone so 58.5 million are currently not on any birth control which is a huge amount of women. BirthRead MoreAmerica s Domestic Markets Against Foreign Traders1749 Words   |  7 Pagesquantity of foreign products that can enter a country’s domestic markets. Several arguments have been raised regarding reasons for protecting domestic markets against foreign traders. Nonetheless, protectionism is characterized by several welfare consequences. The arguments for protectionism can be categorized into economic and non-economic. The economic arguments mostly focus on national welfare. On the other hand, arguments for non-economic protectionism are based on national interests. This paper evaluatesRead MoreArgument Against Birthright Citizenship : Chain Migration1485 Words   |  6 Pages Arguments Against Birthright Citizenship: Chain Migration One major point policymakers argue against birthright citizenship is the fact that it incentivizes illegal immigration and can lead to a never ending series of chain migration. Chain migration occurs when the child can sponsor their parents and apply for their legal citizenship in the United States. Once the child turns 18, they can sponsor a foreign spouse and unmarried children of his own. When they turn 21, they can sponsor their parentsRead MoreThe United Tariff System Of Bigger Nations890 Words   |  4 Pagesthe extra cost due to high prices of goods resulting in them being price takers in the world market (Carbaugh, 2013). Since the smaller less developed nations cannot impact the world price on goods they end up with a larger impact to their overall welfare making it harder for them to move into a developed industrial nation (Daniels VanHoose, 2004). Tariffs hold smaller nations back because the high prices impacts the amount of imports that the smaller nation can bring in resulting in fewer optionsRead MoreWelfare and Pogressive Tax Rates Essay example1588 Words   |  7 PagesA government’s effectiveness is based upon how well it is able to help its people on all spectrums of society so I believe that the United States should adopt certain aspects of a welfare state similar to the Europeans and also have more progressive tax rates. I believe that universal health care and education are essential parts in a welfare state while some other programs like unemployment benefits are not as important. First I will first explain why the government has a moral responsibility to

Ethical Marketing and the new Consumer

Question: Critically analyse the ethics of at least three of the following marketing elements for your chosen organisation, drawing on relevant frameworks, tools, guidelines and regulations. Answer: Introduction The report identifies the ethical issues of apple by critically analyzing the marketing activities of it using range of tools and framework. Three marketing elements have been considered for the assignment: Target marketing, product or service and Price. Target marketing Teenagers are the target market of the Apple. The core reason behind focusing teenagers is that this age group socializes with friend more and adapts the change, innovation and technology easily. The decision of making teenagers as target market raises question on ethical target marketing of Apple. According to the Arnold (2009), if a company targets a specific group for advertising their product in target market than it is ethical. However, if vulnerable population such as children and teen agers (Low income but easy to manipulate) is one of the inclusion criteria in decision making then it would be considered as unethical target marketing. Businesses such as Apple are using innovation and technology to make money only by influencing the teenagers to stay updated in era of android phones and apps. The company has is targeting a specific group which has low income and the use of product or services in their life is not important. Apple has been releasing new versions and androids every year, and they are skilled enough to make up their consumers mind for buying the new product. According to the Ingram (2000), the vulnerable population or target market includes consumers with less maturity to make an informed purchase. Teenagers dont have maturity to understand what functions of products they are buying is useful for them and whether it is useful for them or not. They just buy it on the basis of trend and influencing such target market is unethical. Product or services According to the kotler, a product is more than a tangible thing. He identifies the abstract value of a product with its levels that can be developed and identified. These levels help to see product from the perception of consumer. These levels help to identify the level where actual value is more than the expected value which reflects in customer satisfaction. Apple provides so many products and services to its customers. The classification has been done on android phones of apple. Mentioned below are the five levels of Apple product in Kotler classification matrix. Core product: The level identifies the core purpose for which the product has been developed. The core benefit that smart phone provides to customers is mobile operating system where customers can perform tasks they have been doing on desktop. The main feature is small in size, performs as operating system as well as mobile phone. The ethical issue that has been brought in development of core product of Apple are associated with supplier management. According to the report published by BBC, the company has been found with poor working condition of workers at china. According to the report, one worker had to work 18 days continuously to develop the parts of product despite of continuous request to take off (BBC news, 2016). The Actual product After the core product is been built the actual product defines the benefits of core product which helps in competition because these features differentiates the product from the competitors. There are so many product attributes that needs to be considered under the actual product. Apple has been leader in identifying new features in the market which has been giving competitive advantage to it. The core attributes are : brand name, styling and safety. The brand name of apple is vital in gadget market. Everyone prefers to buy from inventor and so the apple has been. The styling of the product has been done to attract teenagers. The more focus has been given in identifying new features rather than its value to the customers. It is the brand name that is making more money for it. There are two types of customers one in internal and other is external. Apple has been taking care of external customers safety but not with internal products. There are so many ethical issues has been identifi ed regarding working conditions of apple that signifies that companys product development has unethical practices which directly impacts it brand value and will affect its position in the market if these practices are not handled well. The Augmented product Consumers are not satisfied with core benefit of actual product rather they are satisfied with total product which includes after sales activities such as service, installation, delivery and warranty. Product augmentation is the key of success in todays market. The marketing agendas of Apple are to identify the most attractive benefits of total product that can delight the consumer instead of just satisfaction. Apple provides warranty, after sales services, instruction and guidelines about how to use product along with 24 hours technical support. The main problem with apple is that each and every augmentation increases the cost of the product and so the customers have to face to purchase the product. There are so many augmentations in apple products that may not be required by its customers but they have to pay for it because they want apple brand. So apple is using its brand value to manipulate and force its customers to buy apple products which is unethical practice. Apple is makin g some kind of pressure in its marketing activities to use latest technology to stay up to date in business society and pressurizing customers is unethical in marketing (Carnegiecouncil.org, 2016). Price Apple has been manipulating its customers physiologically to spend money on its product. Social status is core benefit that has been used by the apple to market its new launches. The company has been launching its new models every year without modifying it significantly. Apple customers were continuously brainwashed to buy new latest model every year to stay updated. However, it was a marketing stunt by apple to make people fool to spend more money on apple products. Apple has also been criticized for price reduction which is also a marketing stunt. For example, the iphone cost was cut down after 2 months of release and the reduction was of 200 USD that lead to several complaints to Apple. As people who have purchased the model was feeling cheated. The incident defines genuine pricing has not been applied by the apple. Apple then rectified the issues by offering 100 USD off to next apple purchase to early Iphone customers. References Ingram, W. (2000). Consumers' evaluation of unethical marketing behaviors. Lexington, Ky.: [publisher not identified]. Arnold, C. (2009). Ethical marketing and the new consumer. Chichester, U.K.: Wiley. Apple 'failing to protect Chinese factory workers' - BBC News. (2016). BBC News. Retrieved 19 July 2016, from https://www.bbc.com/news/business-30532463 Two Faces of Apple. (2016). Carnegiecouncil.org. Retrieved 19 July 2016, from https://www.carnegiecouncil.org/publications/ethics_online/0068.html