...Business Comparison Paper Larry Jackson Ohio Christian University Author’s note This paper was prepared for Business Law (ONB54), taught by Professor Tino Business Comparison Paper A vertical market relationship is connections between the firm, customers, and supplier. In which companies within any given vertical market are mostly the same in solving similar issues. Most of these markets are very competitive because of overlapping focal points of the manufactured goods being provided to the customer. Examples of vertical markets are: insurance, real estate, banking, heavy manufacturing, retail, transportation, hospitals, and government. Vertical market relation is the process in which several steps in the production and/or distribution of a product or service are controlled by a single company or entity, in order to increase that company’s or entity’s power in the marketplace (Dharma, 2009). There are basically 3 classifications of Vertical Integration namely: Backward integration where in the company tries to own an input product company. Forward integration the business tries to control the post production areas, namely the distribution network. Like a mobile company opening its own Mobile retail chain. Balanced integration a mix of the above two balanced strategy to take advantages of both the worlds. In the external analysis customers play a key role because of their characteristics determine the firm’s market opportunities (Dharma, 2009). It is the glory of...
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...Beginning chapter one with citing one of the ten commandments, “Thou shall not steal,” Wayne Grudem sets the stage of what is about to come; a black and white analysis on how having business success does not necessarily make you fall short of being a “good” Christian. As a well-known, very credible Christian theologist, one may wonder why Grudem would venture out to right a book solely about business. “Business for the Glory of God,” looks at business ownership, profitability, money, competition, and borrowing and lending, just to name a few topics. This essay will take a look at a few of the controversial topics, and share insight of why they may or may not be feasible arguments for why business is, “a gift from God.” When Grudem speaks of the commandment that states, “Thou shall not steal,” he uses this as evidence that by stealing, one must have their own possessions, and if we did not have possessions, this commandment would make no sense. This is a reasonable assumption, therefore it can be a good way to begin discussing how ownership is not so bad; on the contrary, if Grudem is unable to offer clear, factual information, his credibility may waiver. Chapter one continues with Grudem’s discussion of how ownership is not synonymic for greed, and if one is selfless and realizes that God is the real business owner, he has not sinned. The points that Grudem makes are quite valid, and are very simple, and to the point; the issue with this, is that these may seem like...
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...Running head: BUSI 561 Contract Analysis BUSI 561 Contract Analysis / Week 3 Demetria Barlow Liberty University BUSI 561 Contract Analysis / Week 2 The case presented here in this contract analysis is a very sticky situation. Here we are faced with the combination of two very different relationships between the same two parties. I would find myself quite surprised at the reaction of Mr. Petersen upon telling him about the direction in which my business is about to go. According to the facts presented, I have always tried to display the traits of a good merchant when it came to Mr. Petersen. However, as the evidence reflects, Mr. Petersen seems to be more driven by money than he is by maintaining good business practices. It has already been proven that Mr. Petersen is a nonbeliever. With that being said, it is a good possibility that we do not share the same moral beliefs and values. This is proven in the way Mr. Petersen chose to do business. First, all business invoices clearly state that balances are to be paid within thirty days. However, Mr. Petersen has constantly decided to pay on his own schedule, usually forty five to sixty days. Although I have every right to charge him interest and penalties as stated on the invoices, I have always elected not to do so. Secondly, one would believe that their business partner should be trustworthy. Mr. Petersen has proven that this is not so by getting my son to sign a contract without my knowledge and then trying...
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...Gay March 8, 2015 Table of Contents Introduction…………………………..…………………………………..……………..…………3 Context Historical-Cultural Context…….…..…………………….………………………………..3 Literary Context …………..……………………….……...………………………………4 Analysis of Text Rom. 3:21-24………………………………………………………………..…………….5 Rom. 3:25-26 ......................................................................................................................9 Application. ……………………………………………………………………………...………12 Conclusion. …………………………………………………….....…………………………..…13 Bibliography……………………...…………………………………….…………………...…...14 Appendix A: Block Diagram. ……………………………………………....…………………...16 Introduction “The world is not perfect, and many people are not able to spend the years required to learn Greek properly, even those who have a seminary education.” This exegetical paper will incorporate the use of Greek tools in applying an exegetical method; namely hermeneutics. By comparing three Bible translations; examining the literary context; applying word studies; analyzing historical, grammar, outlining, and theology, coupled with and evaluation of the interpretations of scholars regarding the significance of textual criticism, the exegete will employ the results for correct modern-day application of Romans 3:21-26. The analysis of the passage to obtain a textual interpretation of Paul’s letter to the Romans will result in a more literal understanding of the original intent and clarify the author’s reasoning for sending a letter to the congregation...
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...How faith integration manifests itself within the practice of corporate finance can only be understood when studying God's Word and practicing its teachings. One important aspect of integrating one’s faith within the context of finance is through stewardship. Stewardship is defined as;"1. the position and duties of a steward, a person who acts as the surrogate of another or others, especially by managing property, financial affairs, an estate, etc. 2. the responsible overseeing and protection of something considered worth caring for and preserving" (Dictionary.com, 2012). Stewardship in the context of faith integration is the act caring for and protecting the resources that God has entrusted us with and using them in a way that will bring Him glory and help to build up God’s kingdom (Porter, 2006, p. 817). This has an immediate inference to financial interactions. Luke 12:42(NKJV) states; “And the Lord said, “Who then is that faithful and wise steward, whom his master will make ruler over his household, to give them their portion of food in due season?” This passage of scripture continues in verses 43 and 44 to discuss how blessed that servant will be and how he will be made ruler over all that the possessions the master has. The individuals working in the field of finance who do their job well, will also be rewarded and/or compensated. When examining the goals and governance of the corporation, as well as, the financial markets and institutions, there are a number of individuals...
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...Faith Integration : Final Project Managerial Finance July 1, 2012 ABSTRACT This essay will provide a scriptural key to understanding the topics of finance in a Christian worldview perspective. The illustrations will be reflected through the events found in God’s word, providing a greater understanding into the relevance of the Bible in today’s economic world. It will show the importance of the integration of faith, as God has provided his wisdom for today in the illustrations of the Holy Word. Refer to II Timothy 3: 16 – 17; “All scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness, so that the servant of God may be thoroughly equipped for every good work” (NIV, 2005), to understand that God’s word continues to apply today as it has maintained strength and reference to aspects of life and development. The topic of finance is addressed throughout the scriptures with suggestions for the proper practice. It is clear in the study of his word that finance is a part of the structural design that is to provide for the development of humankind and the world. INTRODUCTION TO FINANCE Stewardship How faith integration manifest itself within the practice of corporate finance can only be found when studying God's word within the Holy Bible and practicing its teachings. One important aspect of integrating ones faith within the context of finance...
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...Name____________ Time Management Stage one: Knowledge Time management - the analysis of how working hours are spent and the prioritization of tasks in order to maximize personal efficiency in the workplace Procrastination The discipline of time management is an important skill that needs to be learned early on. One of the biggest obstacles to overcome is procrastination. Procrastination is the problem of putting things off. We all seem to procrastinate on certain levels by making up excuses not to do something. The bad thing is that procrastination can be displayed in an every day lifestyle, which can effect us in achieving our goals. Procrastination can be the reason behind our failures Proverbs 10: 4 - 5 “Lazy hands make a man poor, but diligent hands bring wealth. He who gathers crops in summer is a wise son, but he who sleeps during harvest is a disgraceful son.” This verse contrasts being lazy with hard work. We need to live our lives for God by not being lazy but by working hard to serve Him. An unproductive lifestyle comes from procrastination Procrastination can lead to a bad lifestyle. It can result in getting bad grades, not showing your best work, and being unproductive. It is important to avoid making excuses and as you head towards your goal, you should pray that God gives you the persistence to achieve it without getting lazy. Underlying problems can be revealed by procrastination If we continue putting things off it can mean we...
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...Introduction: Ulaganath Madan was the Sales and Commercial Manager of the Bombay region when he had put in his papers. The reason owing to this was the lack of understanding that Mr. Madan had in the Commercial side of the business. Things were getting heated up between him and the management. He could not accept the way the management was treating him. Ulaganath Madan was the only son in his family. His father was Technical Advisor to the South Indian Coconut Crushers’ Association who later retired as the Secretary of that body. From his childhood Ulaganath had shown his acumen in academics. He received many proficiencies for his studies. Not only was he good in academics, he was a good debater and good sports man too. Overall he was a very lively person and was liked by people around him. His desire to continue with his studies and to pursue legal profession could not be met as his father wanted him to join a reputed foreign company. As per his father’s wishes he joined a leading business conglomerate, but he soon got frustrated in the company as he could not cope up with this work. Soon he made his way through to join Imperial Glory Engineering Works Ltd. As a trainee in Imperial Glory Engineering Works Ltd. he performed exceptionally well and was soon in the good books of top level management of the company. There was no turning back after that. Soon he got promoted as the Assistant Sales Manager of Madras. His efficiency with people and performance in his job soon...
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...Christian is called to follow God in all he does but life experiences can be conflicting in dealing with the spiritual and secular context; however, Christ wants his followers to operate within the context of the secular world. True servant-leadership is to emulate how Jesus led those around him - with complete selflessness and by serving others. Moreover, it is challenging for humans to be servant-leaders as they often desire personal recognition in life; yet, dedication to the Word and quiet reflection in God can help one to lead like Jesus. Larry Spears labeled Greenleaf a Grandfather of empowerment movement in business leadership (Greenleaf, 1996) because of his zeal toward servant-leadership. Greenleaf’s viewpoint, though commendable, conflicts with biblical principles. Thus, this paper analyzes Greenleaf’s work from a Christian worldview and institutes a biblical basis for servant leadership. Keywords: servant leadership, biblical perspective, gifts, loving, individual Introduction Servant-leadership is widely researched and discussed from a secular and Christian worldview (Fischer, 2010; see also Blanchard & Hodges, 2005). Paul encouraged believers to be imitators of Christ in this area when he said "[f]ollow my example, as I follow the example of Christ" (1 Corinthians 11:1, NIV). Although life can be challenging when one deals with the spiritual and secular context, one can ascertain from this verse that a Christian is called to imitate God in all he does. Nevertheless...
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...1. The beginning of the war is what prompts Wormwood to become “delirious with joy”. 2. In response to the war, Screwtape tells Wormwood to give him a full account of the patient’s reactions to the war, so that they can consider whether Wormwood is better off making the patient an extreme patriot or an ardent pacifist. Following this, Screwtape warns Wormwood to not hope too much from a war. 3. The “real business” of demons it to undermine the faith and to prevent the formation of virtues. 4. What delights Screwtape about the patient’s age and profession is that the patient is of the proper age and profession to be considered for military service. Screwtape wants the patient to be as confused as possible about the war. The patient does not know if he will be called, ergo he is uncertain and susceptible to Wormwood’s efforts. Analysis:...
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...a. Claiming that God is triune means that God’s framework is a three-being-relationship. How exactly do we witness God’s triune nature? Christopher Reeves reveals this nature by providing support that God is “The Loving Father (Reeves 23),” who is the “Father of the eternal Son (27),” and who—through the Spirit— “declares his love for the Son (29).” And we also see in scripture God’s Trinitarian character: Deuteronomy 1:3, “Lord your God carried you…father carries his Son,” and 2 Corinthians 13:14, “…the fellowship of the Holy Spirit….” Now, how is this at all purposeful to human life? Well, in addition to God’s trinity, His divine image and identity is revealed to humanity through the interconnected postures of the Father, Son, and Spirit....
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...Ethical Issues in Business MBA 682 Jurtyne R. Youngblood May 10, 2014 When it comes to business many say business and ethics shouldn’t even be put together in the same phrase. Many believe that there just isn’t any ethics when it comes to business. “Neither young managers nor consumers believe top executives are doing a good job of establishing high ethical standards” (Bateman & Snell, p. 159). Recently Toyota’s announced a recall because of a technical fix for its sticky gas pedals, which could lead to sudden acceleration problems. This issue have their sales and production on hold for their top selling cars in the United Stated. Toyota can face billions in charges and losses. Many believe that Toyota was trying to keep up with numbers and stop providing quality. The growth of the Toyota car was going very fast and to keep up with the demand may have push the industry a little too far too fast. “The evidence that Toyota was expanding too much and too quickly started surfacing a couple of years ago. Not on the company's bottom line, but on its car-quality ratings,” writes Paul Ingrassia, a Pulitzer Prize-winning former Detroit bureau chief for The Wall Street Journal. (Connor, 2010). Toyota was trying to keep up with the demand so much to increase profits across the board they didn’t want to discredit the image of their business when the problem first arise. According to Ruddell “one of the reasons that businesses are tempted to act unethically is because...
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...Auguste Comte (1789-1857) is considered to be the founder of the term sociology used to describe a new way of looking at the society. Therefore sociology can be defined as a scientific way of thinking about society and its influence on human groups (Taylor 2011). Perspectives in sociology provides us with different mindset in which we feel and see the world for example, a musician in America would rather sing about our great and wonderful the Lord is than sing about poverty and genocide, this is because the social world in America has never yet introduced extreme poverty and genocide. This might be slight different from a musician born and raised from a country engulfed with extreme poverty and genocide, for instance Rwanda to sing about God miraculous deeds....
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...Group Discussion Forum #1 Business 600 Fall 2015 Sheri J. Abraham August 26, 2015 Sheri Abraham has been working voluntarily as a Family Readiness Group leader for the past 2 years. During her time she has always had great participation from the soldiers and family members that she served. Sheri moved and relocated to a different location and assumed the FRG leader role to find out that it was really different. This new FRG and it was different, the attendance was next to none. Understanding the need for the FRG and family participation she needed to figure out what the problem was. How could she raise attendance and have an active and thriving FRG? After speaking to other FRG leaders she found that other FRG’s were very active. She began looking into what they were doing that hers was not. Cheri a saved woman of God relocated with her family to a new duty station. She a couple of years back graduated with her BA but never had a chance to use it because of the location in which they had lived. She was now back in school nearing the completion of her MBA and wanted to gain some of the training needed to make her marketable in her current location. She needed to work because she had a family to help take care of but new she had an opportunity to look at smart locations it seek employment that would foster what she needed. She also was very careful to ensure that where she applied was in line with her belief system. She knew that the world’s values and that...
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...innovative thinking and venture exploration which would ultimately lead to a new venture. In that way, the primary focus of ENT 3320 is on understanding the processes that underpin the emergence of new business ventures. Topics covered include methods and processes of identifying and evaluating new business opportunities, conducting feasibility studies, evaluating methods of new venture financing and identifying the appropriate legal form of organization. In covering these topics students will be presented with current theoretical thinking in the field of entrepreneurship along with the practical tools needed for starting a new business. The course will be interactive in nature with discussion driven lectures, individual and group activities, problem solving scenarios, videos, and case analyses. Guest speakers will visit the class to provide expert knowledge and perspectives on the entrepreneurial process. Learning Initiatives: – Gain insight into the field of entrepreneurship by understanding the characteristics and mindset of entrepreneurs. – Develop an ability to identify and evaluate opportunities within the marketplace, both for new venture creation and within existing companies. – Develop the skills required to conduct a feasibility analysis, building a founding team and securing financing. – Learn successful strategies and common...
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