...The Union Beginning in April of the year 1861, the northern states and the southern states battled after President Abraham Lincoln took office and vowed to rid the southern territories of slavery. The southern territories were not even considered states at the time and decided to secede from the northern states. The northern states called themselves the Union while the southern states were considered the Confederacy. In this paper, I will discuss some respective advantages and disadvantages of the Union and how these elements manifested during the American Civil War. Let’s start off with an advantage the Union had over the Confederacy. The Union had far more valuable leadership such as Ulysses S. Grant. (World History Group, n.d.) Ulysses worked his way up through the ranks of the Army starting as a volunteer. The victories at Vicksburg and Gettysburg put Ulysses in the public eye and was promoted to Lieutenant General and named commander of the entire Union army by President Lincoln. (Ulysses S. Grant, n.d.) Ulysses surrounded Confederate General Robert E. Lee’s army in Northern Virginia and Lee eventually surrendered to the Union at Appomattox...
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...business organization. Most sole proprietorships are small. All together, sole proprietorships generate only about __________________ of all United States sales. Characteristics of Proprietorships _______________________________________________. Many proprietors run their businesses part-time. (see chart) Advantages of Sole Proprietorships 1.Ease of Start Up:________________________________________________________ _______________________________________________________________________. 2.Relatively Few Restrictions:_______________________________________________ _______________________________________________________________________. 3.Sole Receiver of Profit:___________________________________________________ _______________________________________________________________________. 4.Full Control:____________________________________________________________ _______________________________________________________________________. 5.Easy to Discontinue:_____________________________________________________ _______________________________________________________________________. Disadvantages of Sole Proprietorships...
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...Questions: 1. What are the advantages and disadvantages to Wal-Mart of working with unions? Wal-Mart is not known to be union friendly here in the United States. The advantages of Wal-Mart working with unions are most notably the ability to expand into China. With a population of over 1.3 billion people the need to work with China’s union, which our text book notes is a communist monopoly, (Decenzo and Robbins pg 364), is imperative to opening stores there. With this first wave of union employees we can be hopeful that Wal-Mart will start to accept Unions in United States stores and in Canada. Perhaps Wal-Mart can educate the United States Unions on how it would need to be structured in order for Wal-Mart to allow their presence. Wal-Mart being such a large retailer and employer in the United States could potentially revolutionize as well as revitalize the union movement if it would work more closely with it instead of closing stores who speak of unionizing. The disadvantages to Wal-Mart of working with the Unions can include- Higher wages- our text book states that it is common to find 30% higher wages in union businesses. Medical Benefits- Most unions push for medical benefits for its members Loss of the Sam Walton way- By allowing Unions to enter into the Wal-Mart business model the concept of how Wal-Mart does business could change dramatically. Wal-Mart is accustomed to being the Big Dog. They are able to tell suppliers and vendors to change their...
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...Acme is planning on having a greenfield production facility overseas. The two foreign countries that I have decided to compare for starting business in is the United Kingdom, which is part of the European Union and Hong Kong. Hong Kong is not part of the European Union. I will first analyze the UK and then Hong Kong. Analysis of the United Kingdom (UK): The United Kingdom of Great Britain and Northern Irelane is a state that consists of the nations of England, Scotland, Wales, and Northern Ireland. This is also under the UK sovereignty and is not apart of the UK itself, however are the “Crown dependencies of the Channel Island and the Isle of Man.” The said dependencies seek their own policies over taxes, employment, education, and health. They are subjected to UK control on matters such as defense (Doing Business in the UK, 2005). The UK has an island of 242,500km2. The UK’s population in 2002 was 59.2 million and in 2006 the population was 60.6 million. The languages spoken in the UK is English, Welsh, Scots, and Gaelic. English takes up 83.6% of the ethnicity in the UK and the highest religious studied is Christian, which takes up 71.6% of the UK religious. The UK is one of the four largest economies in Europe (United Kingdom, 2007). The UK joined the European Union (EU) in 1973. The EU is a trading area which has no internal tariffs. The UK has...
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...Expansion American Intercontinental University Table of Contents 3 - Executive Summary 5 – Abstract 6 – Introduction 6 - Foreign Company Acquisition 7 - Advantages of joining the EU 8 - Disadvantages 9 - Multinational Corporations 9 - Financial Institutions and Credit 10 - Final choice and rationale 10 – Conclusion 12 - References Executive Summary As international markets are expanding and new opportunities are opening up abroad for businesses to grow within the international landscape, it is imperative that prospective companies gather a full working knowledge of how multinational corporations function and ways in which joining the European Union can provide an advantage or disadvantage to further operations. This is especially true for businesses such as small chain restaurants within the service industry. The accessibility of the international market for small businesses is rather limited in that it is normally more beneficial to remain localized within their own country or region. However, research should always be conducted when determining the feasibility of expansion into the international marketplace. Joining the European Union holds a great deal of opportunities that would prove to be beneficial to a business should they join. One of the major benefits in obtaining acceptance into the union would be the ability to freely operate within a large number of countries that currently use the same type of financial policies and monetary practices. Foreign...
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...care and to do this they will have to undergo some budget cuts. They have since reduced the overtime of their staff and have let go of their registered nurses. When the registered nurses left Happy Trails, they were replaced by Licensed Practical Nurses who don't get paid as much and get fewer benefits. These nurses are now thinking of joining a union that is also representing other independent living homes in the city. As members of a consulting firm, the LPN's and Happy Trails are now asking for advice. The Licensed Practical Nurses (LPNs) at Happy Trails, LLC seem a little uncomfortable with them doing the same job in the suburbs as all the other companies, from the same industry, located within the city, yet Happy Trail’s LPNs receive less pay, and less benefits. It is not recommended for Happy Trails’ employees to unionize, because it is a company that because of the demographical location that it currently is in, cannot afford to pay, or compensate, more to the employees. The LPNs at Happy Trails need to investigate the advantages and disadvantages of bringing the union to their place of work. The advantages that come from unionizing are mainly for the employee’s benefit, and include: acquisition of better wages, a bigger and better access to employee benefits, better job security, and the strength that come when many people get together (Occupytheory,...
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...Financial problem Opportunities: * borrow money from banks * leader of labor union is compadre of atty. Alcantara Threats: * the labor union case threatened to strike over the issue of a 10% percent increase in wages * the government had been pushing cement companies to switch to coal * quarrel between the owner of the land III. ALTERNATIVE COURSES OF ACTION (A.C.A) * A.C.A #1 Switching to coal for production Advantages: 1.) Financial assistance from the banks 2.) Lower production cost of cement Disadvantages: 1.) High cost of expenses for installing 2.) Increase the company liability Conclusion: I there for conclude as my point of view switching cement to coal is the best way for the company to easily cope up their investment. Even though the installing of coal is in higher cost but in the end, the company will benefit the lower production cost compare to fuel. * A.C.A #2 Do their previous process of production and focus the solution for the internal issues of the company. Advantages: 1.) They can fix their receivable scandals 2.) They can talk about the labor union case Disadvantages: 1.) Conflict an argument between the board members idea and opinion 2.) Antonio Lazatin has no interest to solve the receivable scandal issue. Conclusion: Their for I conclude that if they can find a solution about the receivable scandals and labor union case tendencies the company can proceed of what the government wanted that the cement...
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...the necessary requisites of union avoidance, what went wrong in the process, which resulted to the shutdown of Turomo Philippines? OBJECTIVES * To find out the main reason behind the formation of labor unions in companies. * To find out the lapses of the union avoidance policy * To find out certain actions that could have been implemented in order to avoid the shutdown of the company. SWOT ANALYSIS STRENGTHS * Turomo Philippines was firm and determined in sustaining its no union policy. * Turomo Philippines is already a well instituted company due to its US roots. * Turomo Philippines has initiated and offered a number of benefits to counter the formation of labor unions. * Turomo Philippines was wise enough in covering up the real reason behind the division of the company into two. | WEAKNESSES * Turomo’s implementation of the no-union policy which caused the revolution of their employees. * Turomo failed to hear the cries and grievances of their employees with regards to their implanted policies. * Turomo Philippines abrasive style in the monitoring of their employees created a negative impact to their workers | OPPORTUNITIES * Turomo Philippines is an oligopolistic company in the manufacture of IV Fluids. * Turomo Philippines easily attracts prospective employees to work in their company because of their benefits offered. | THREATS * The threat imposed by the formation of under-the-table labor unions. * Turomo’s firmly stands in...
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...Labor Unions Objective Labor unions in the United States have been prevailing forces in the workplace since their establishment in the late 1800’s. The two main purposes for unions are union security and overall improvement in wages, working conditions and benefits for their members. While only 12% of the U.S. workforce today is under union contract; they still are establish a presence by way of strikes, mediation and impasses. Unions will form when employees believe that company management is practicing unfair labor standards and acts and will take action accordingly to meet their goals. This report will look into the history and implications labor unions have had on the U.S. workforce and what they mean for both companies and employees alike in today’s world. General History Famous Labor Strikes The Great Postal Strike of 1970 involved 200,000 postal workers who walked off the job to protest their pay rates, which when accounted barely surpassed the average cost of living in the United States during that time period (in accordance with inflationary rates). President Nixon sent 23,000 U.S. army and marine personnel to handle the mail system, but that failed due to the limited training they possessed working with the massive government operation. Within a week, the government reached an agreement with the worker’s union, allowing for a 14% pay raise for postal workers. As a result, the American Postal Workers Union became a powerful force in bargaining...
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...Benjamin Leo March 7, 2014 Labor Relations Final Identify two (2) different steps a company should take to prepare for its first round of bargaining with the union (pre-negotiation activities). Explain why each of the steps you have identified is critical to achieving an initial successful collective bargaining agreement with the union. Whenever you bring people together, then put certain individuals in charge of others there is going to be conflict. In the labor relations world this has been going on since the 18th century with the rise of trade unions. (FCMS). Once a situation arises where there needs to be collective bargaining both the company and the union have to take steps to ensure success. The focus of the company before even sitting down at the negotiation table is two fold. The first is to gain situational awareness. This includes understanding what exactly is going to be the issues and then looking back at previous negotiations. This review of past negotiations is a starting point to build the foundation of a plan. The second step a company needs to do before sitting with the union representatives is gathering data. This would include looking back at the past labor contract period and predicting changes. Bring hard numbers to the table help to bring strong evidence for the company’s case. A successful negotiation for the company will depend on preparation; that is why the first step may ultimately be one of the strongest factor on the outcome...
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...Turkey has long sought to join the European Union, and it appears that there is some hope for optimism. what would be the advantages to the EU for admitting Turkey to membership? What might be the EU's concerns? What would be the advantages and disadvantages for Turkey of becoming a member nation of the EU, both for Turkey and for the European Union? Negotiations for the accession of Turkey into the European Union began in 2005, but it could be years before Turkey is accepted. Issues that jeopardize the progress of negotiations include their poor relationship with the nations of Cyprus and Croatia, as well their domestic relationship with the Kurdish people and their unfavorable history of human rights issues. Despite these issues, one of the greatest advantages and hopes of the EU is that by bringing Turkey, a country whose vast majority is Muslim, into the EU it would help to improve Western and Islamic relationships. Turkey’s geographic positioning is also viewed as being a strategic location in that it could be a gateway to the Middle East and Asia for the EU, and could help the EU in many of their challenges of fighting terrorism, international crime, as well as monitoring climate change. (Pan, 2005) A concern and potential disadvantage to the EU, however, is that it would cause a wave of immigration of poor members from Turkey to the rest of the union nations. While being accepted into the EU would give Turkey the opportunity to benefit from growth and the...
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...has primarily come about through the European Union and the Council of Europe. Economic integration is abolition of various restrains of trade between nations. Economic integration occurs through the reduction of all obstacles to trade and to the free flow of capital and labor across countries, so when a group of countries abolishes all restrictions to trade and the free flow of capital and labor among themselves, they participate in what is called a common or single market. European economic integration begun in 1951 when trade restrictions on coal and steel were dropped between Belgium, Germany, France, Italy, Luxembourg and the Netherlands. The advantages of becoming a member of a single market are: greater specializations and more efficient use of economic resources, cheaper products (through imports and increased competition) and easier access to foreign markets in which the home producer can sell. There are also disadvantages like bankruptcy of businesses that are not competitive in the world market; an example is the decline of the textile industry in North Carolina once trade restrictions were lifted with Mexico and a number of Asian countries. Another disadvantage is increased migration of workers from poor to rich countries as they search for relatively high paying jobs, although increased migration is actually a good thing in economic terms, it can be disruptive to the social fabric of both countries. The last disadvantage is possibility of greater inequality. In general...
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...reached the Federal Line (Hess, 37). General Stevenson, a Confederate general, described their artillery as "admirably posted," and "was served with a rapidity and fatal precision which could not be surpassed" (Hess, 37). General Sherman had a plan to extend his line towards the south by going through Kolb's Farm to get to Kennesaw Mountain, but he was unable to drive the Union soldiers at the Federal line back (Howard,169). This investigation will look at the extent to which the Battle of Kolb's Farm impacted the Battle of Kennesaw Mountain. Protection Of Kennesaw Mountain...
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...wants to pass on the opportunity for his business to grow within the next few years. With his new accountants, contacts and plans for the future Rexford truly believe that he can double the size of his business within two years. The only challenge he faces is finding money to finance his growth and will need $700,000 in external capital to meet his goals. Rexford is now sitting at his desk looking at his business plan wondering where he could find that much money to finance his company's growth. In this paper I will suggest well Rexford needs to look for his financial needs and explain the advantages and disadvantages of the funding I suggested. I will then explain this other three I suggested is the most promising for Rexford's capital needs and why. One suggestion for Rexford to obtain the finances he needs in order to help his business expand is by getting a loan from a credit union. With a credit bank Rexford will be able to borrow the total amount...
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...International Expansion Name of Student Couse Name of Tutor Date of Submission Table of Contents Introduction 4 Abstract 4 Advantages 5 a) Single Large Market 5 b) Excellent Infrastructure 6 c) Technology 6 d) Skilled and Trained Manpower 6 e) Regional Political Stability 6 f) Business Friendly Environment 7 Disadvantages 7 a) Sovereign Debt Crisis 7 b) The Use of a Single Currency 7 c) Germany Dominance 8 d) Alternative Option 8 Advantages of Acquiring a Foreign Business 8 a) High Growth of GDP 8 b) Available Large Markets 9 c) Favorable Government Policies 9 Disadvantages of Acquiring a Foreign Business 9 i. Different Business Environment 9 ii. Ineffective Regulatory Environment 9 iii. Unbalanced Economies 10 Reasons to Invest In a Foreign Market 10 i. Economic conditions 10 ii. Expectations on Exchange Rate 10 iii. International Diversification 10 Reasons to Provide Credit in Foreign Markets 10 i. High Interest Rates 11 ii. Expectations on Interest Rates 11 iii. International Diversification 11 Conclusion 11 References 12 Introduction The acquisition of business enterprise in a foreign country is part of global diversification. For instance, A US firm can seek to acquire another firm in Europe in which the business environment surrounding the foreign firm corresponds to the environment in the local US firm. The European market in the 28 different countries is diversified and incorporated...
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