...One of the most important form of long term finance nowadays is Lease financing * Advantages of Lease finance over purchase of asset. * Huge capital investment on asset can be eliminated buy lease purchasing of assets. * Risk of depreciation and obsolescence doesn’t affect to the lessee. * Leasing is quickest and easiest method of financing of capital * The periodic lease rents paid by the lessee are tax deductible expenditure. * Leasing increase the borrowing power of the company as its debt equity ratio will be unaffected by lease purchase. * Bad investments can be avoided by lease purchasing. * Lessee can lease purchase and pay for asset only for the time he needs it. * Lease financing is not affected by inflation. Even if the costs go up over some years, you still pay the same lease rent as agreement. * In case of car lease finance or auto lease finance, one can enjoy using latest or high cost cars without buying it for a desired period of time. Disadvantages of lease financing: * Lease financing is a favored means of financing long term capital. However it is having following disadvantages. * Lessee has an obligation to continue making lease rent payments even if he is not economically using the asset because of decline in his business. * Even though lessee is not the owner, he is still responsible for repair and maintaining the asset as specified by the contract. You need...
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...Pets are Good For you N.Antwi Continuous intensive care; the never ending visits to the vets and the trails of fur. These are the things that string to mind when your child’s first words are “mummy I want a pet”. Glaring at you with their innocent face and their puppy doll eyes, knowing that if you said NO there would be limitless amounts shredded tears for a weeks on end. So the best thing to do is to find a pet that not only suits your needs but their needs as well. It is a scary thought to think that twenty per cent of children aged six to eleven are obese. This is down to lack of physical activity. I mean I find this absolutely absurd- don’t you? I remember when I was an energetic ten year old, always running round the house making a nuisance out of myself – that's the way youngsters should be. Nowadays a lot of ten year olds have the routine of eat… computer…sleep…eat…computer…sleep. A wired – head Fox Terrier would be the perfect solution. Its lively, playful and feisty – what more could you want? It can engage in any kind of sport that suits you and your childs preferences. Also it's a family dog that can change your whole perspective of life. It's a win win situation! A pet can be good for your well- being. Its been shown that people who acquired dogs reported the most increase in health. Believe in or not my grandfather who is pushing Eighty now had accidently mistaken him for my father. It was extremely embarrassing but I just look...
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...are able to know whatever is legal or illegal. Although the purpose of doing business is making as much as profit as possible, business person has to consider whether the products - whatever customers have to pay to get, is worth its price or not. Are there any of us willing to pay much money for a low quality good? Of course, the answer is no. Doing better in the future is the best way to show our attitudes to customers. Therefore, our business would gain more customers' preferences promote our position if and only if we could stand on other people's position to think and act. People's pleasure is a business person's success. Secondly, a responsible business person must be creative and know how to keep their promises. As a successful businessman, people should be able to manage their time and schedules. We are aware of how good it is as being a punctual person who always complete jobs or assignments on time. Moreover, we have to think many times before speak up; because whatever we say would be remembered by our customers or colleagues. Being able to do or even do better than what we have said will impress people. That's how creative works. For instance, Bill Gates and Steve Jobs are two of the most successful...
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...Do you have what it takes to run a business Business owner’s discipline is the first critical element for success. It is important to launch a business, it is a basic requirement to prioritize objectives and it is fundamental to establish the appropriate cultural values in the company. Most consultants would agree that companies that did not get off the ground were due to discipline issues with the entrepreneur either on the planning stage or during the critical take off stage. It is almost impossible to launch a business without having the virtue of discipline, before starting up the entrepreneur needs to develop an idea and then evolve it into a business plan. The entrepreneur must then plan, conduct research, explore different alternatives, analyze different roads to follow and finally with a well developed plan he or she might launch the business. It is in this initial process where many entrepreneurs with little discipline get lost in the details because they deviate from the core business idea or simply because their lack of organization prevents them from making it to the business launch stage. A good friend of mine has been trying to leave his full time employment to open his business for almost two years, his practice is growing, he is well qualified, his clients are happy but somehow he has not been able to follow up his business plan to generate enough revenue to make it a real business. It does not take a genius to see that he starts lots of initiatives but he...
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...SUITABLE OPERATING SYSTEM FOR AN ORGANISATION An operating system (sometimes abbreviated as "OS")1 is the program that, after being initially loaded into the computer by a boot program, manages all the other programs in a computer. The other programs are called applications or application programs. The application programs make use of the operating system by making requests for services through a defined application program interface (API). In addition, users can interact directly with the operating system through a user interface such as a command language or a graphical user interface (GUI). How operating system works? When you turn on your computer, it's nice to think that you're in control. There's the trusty computer mouse, which you can move anywhere on the screen, summoning up your music library or Internet browser at the slightest whim. Although it's easy to feel like a director in front of your desktop or laptop, there's a lot going on inside, and the real man behind the curtain handling the necessary tasks is the operating system. Most desktop or laptop PCs come pre-loaded with Microsoft Windows. Macintosh computers come pre-loaded with Mac OS X. Many corporate servers use the Linux or UNIX operating systems. The operating system (OS) is the first thing loaded onto the computer -- without the operating system, a computer is useless. More recently, operating systems have started to pop up in smaller computers as well. If you like to tinker with electronic devices, you're...
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...trade Trade is the transfer of ownership of goods and services from one person or entity to another. Trade is sometimes loosely called commerce or financial transaction or barter. A network that allows trade is called a market. The original form of trade was barter, the direct exchange of goods and services. Later one side of the barter were the metals, precious metals (poles, coins), bill, paper money. Modern traders instead generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and later credit, paper money and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade between more than two traders is called multilateral trade. Trade exists for man due to specialization and division of labor, most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions have a comparative advantage in the production of some tradable commodity, or because different regions' size allows for the benefits of mass production. As such, trade at market prices between locations benefits both locations. Retail trade consists of the sale of goods or merchandise from a very fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser.[1] Wholesale trade is defined as the sale of goods...
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...My Talking Angela Cheats, Tips & Hack for Diamonds & Coins My Talking Angela is a free app game aimed at children created by Outfit7 Limited that allows your child to create a virtual pet kitten, which is aptly named Angela. Specifications You can my My Talking Angela on both iOS and Android, although each different Operating System has different requirements needed to run the game. If you are going to play the game through Apple iOS, you will need iOS 6.0 or later. This game is compatible with iPhone, iPod Touch, and iPad, and is 88.3 MB. The current version of this game is at 1.2, so it’s still a relatively new game out on the market. You can get the game in English but it also comes in Arabic, Chinese, French, German, Italian, Japanese, Ko, Portuguese, Russian, Spanish, and Turkish. If you want to play My Talking Angela on Android, then you will need Android version 4.0.3 or later and it takes 65 MB of room. This game is currently on version 1.2.1 and is rated for everyone, although it’s aimed at kids. Whether you are going with iOS or Android, there are quite a few in-app purchases you can make, which can add up to a lot of money if you don’t have access to that restricted from your children. In-App Purchases While on the subject of in-app purchases, it might be a very good idea to disable in-app purchases on this game. There are a lot of subtle persuasions within the game to try and get you to purchase extra items, such as diamonds, and some of this persuasion...
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...Business Ethics Ethical Hero or Failed Businessman Malden Mills is a textile company, popularly known for Polartec, in Massachusetts, owned by CEO Aaron Feuerstein. The manufacturing facility in Lawrence was destroyed by a fire in 1995. Aaron Feuerstein, however, paid salaries of workers in the facility after the terrible incident, until a new factory was built at the same location. The factory was rebuilt as a much newer, grand building. It cost Aaron considerable amount of money to rebuild the factory. He took on huge debts to rebuild the factory. Although the productivity of employees soared high immediately after Aaron rebuilt the factory, the subsequent three warm winters caused the company to go bankrupt, with Aaron struggling to pay the debts. The key question here is if Aaron blinded himself to the realities and practicalities in the business world then and went ahead with the huge decision to rebuild a factory and continue paying salaries to his workforce. Did his decision cause more harm to the communities in the long run? Did he endanger the future of Malden Mills by taking such a huge risk? These are all some valid questions that go through my mind as I read through the case. The stakeholders involved are Aaron Feuerstein, his company shareholders and board members, the factory workers from Lawrence and the customers of Malden Mills. Malden Mills is Aaron Feuerstein’s private company. He was not the company shareholders’ agent...
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...responsibility of one person in many ways. There are large groups of people working in a business for a businessman. Managing them and their salaries is one of the examples of the responsibility I am talking about. There are different aspects of business we need to care about like managing your capital, labor, natural resources and many more things. A successful businessman is the one who combine all these resources together to make profits. Behind any successful business, there is a successful businessman. A successful businessman is the one with appropriate abilities and qualities. I think there are two types of qualities needed in a businessman. Some which a person can gain with education or experiences and some I believe are the personal qualities within the human being which are either naturally God gifted or inherited by certain family backgrounds. As I have given an introduction about what I am talking about, I will now explain furthermore about the essential qualities of a businessman as a need of a successful business. The most important of all is leadership. Leadership is a very important quality every businessman has to be comprised of. Leadership is very important as a business needs proper guidance to follow on. But leadership does not only mean guidance of a leader but leadership is a role which is played in order to gain loyalty and interest of your employees. Every businessman should also be of an interesting personality who can motivate his or her employees. Motivation...
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...Authority Chapter Summary The authority chapter was broken up into seven different part. The intro which was on the Milgram study and how it introduced the idea of obedience to authority. Then there is “Connotation, Not Content” which touches on how television plays off of societies false ideas of correlation. Following that there is “Titles” that is pretty self-evident about the content. After that is “Clothing” this section is also pretty self-explanatory along with “Trapping”. Then there is the “How to Say No” section which explains how the process of saying no is not as easy at one may think. Then lastly is there is the “Readers Repot: From a Young Businessman” this just being a real life situation that draws from each section and portrays them in a reel life situation....
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...Case 1 Dispute Cause by Improper Shipping Documents Case Description: A businessman from India imported some primary products and he wanted to sell the goods to a businessman from Mexico. So the Indian businessman placed his offer with the Mexico businessman, who replied later that he could accept the offer with the requirement that the Indian businessman should provide original certificate. Two weeks later, the Indian businessman received the letter of credit opened by the Mexico businessman. While the Indian businessman was ready to ship the goods according to the letter of credit, he got news from the inspection authority that the original certificate could not be issued because the goods were not produced in his own country. The Indian businessman had to require the Mexico businessman to cancel the terms of original certificate. But the Mexico businessman refused his requirement. Therefore, disputes arose. The Indian businessman argued that he never agreed to the terms of original certificate. So he need not provide the original certificate. Whereas the Mexico businessman insisted that the Indian businessman had the obligations to do so. Question: please make your own adjustment according to the United Nations Convention on Contracts for the International Sales of Goods (Both the two parties are member countries). Answer: (1) Both India and Mexico are the member countries of the United Nations Convention on Contracts for the International Sales of Goods. Because both...
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...The case is about a businessman has rented 65.895 acres from Meilan residents since 1998. In 1998, the businessman and all residents signed the contract freely which the businessman could use the 65.895 acres area land for agriculture producing 50 years, and every five years the rent fees would increase 10% because of the market price would change by economy developing. This contract has continued 17 years; two sides have performed the contract obligations perfectly and did not have any argument. However, recently Hainan’s economy develops fast, and land’s price is rising sharply. Therefore, many farmers want to sell or rent their lands to others and earn more. Last month, two sides people negotiate adjusting the price but it did not work out. Thus, all residents chose a person to sue the businessman. All residents want the courtroom to support them then they could raise the rent price legally; the businessman wants the courtroom to keep the original contract and ignore the residents’ greedy behaviors. This is a normal business case, and it is not complicated. The beginning year of contract, the businessman paid 40000 Yuan per year (6432 dollars) to all residents; then every five years increases 10 %, so now the rent price is 58564 Yuan per year (9415.4 dollars). All residents thought this price is unfair to them because of market price increasing more than the contract’s price. They thought the contract is unfair and they want the rent price increase more 50 % which is 87846...
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...Business Communication in France: An Introduction to Customs and Culture I chose to research France for this particular assignment. I have always dreamed of moving to France and, as a business major, I thought it would be a good idea to use this opportunity to learn about business communication in France. France has a truly fascinating culture filled with centuries of customs and etiquette built “brick by brick.” With America being a much younger nation, I think it would be very important to accommodate and adapt to their techniques and business communication strategies as opposed to Americans attempting to force our techniques and business communication strategies on them. Based on my research, it doesn’t seem like we would be given much choice in the matter. The French are so adamant about their deep culture and manners that one would basically have to accommodate them or face a failed attempt to obtain a business relationship with them. The report goes into greater detail about these issues. Feel free to contact me with any further questions. Executive Summary This report gives a brief comparison of business communication between France and the United States. Speak French Fluently, or Not At All The French are very proud of their language. It is one of the most endeared languages in the world, and widely known as “the language of love.” Therefore, one must be able to speak French very well in order to communicate successfully with them, especially...
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...What is Business? Meaning Definitions Features of Business Post : Gaurav Akrani Date : 3/04/2011 10:56:00 PM IST No Comments Lables : Economics What is Business? Meaning Human beings are continuously engaged in some activity or other in order to satisfy their unlimited wants. Every day we come across the word 'business' or 'businessman' directly or indirectly. Business has become essential part of modern world. Image Credits © Mohddeeb. Business is an economic activity, which is related with continuous and regular production and distribution of goods and services for satisfying human wants. All of us need food, clothing and shelter. We also have many other household requirements to be satisfied in our daily lives. We met these requirements from the shopkeeper. The shopkeeper gets from wholesaler. The wholesaler gets from manufacturers. The shopkeeper, the wholesaler, the manufacturer are doing business and therefore they are called as Businessman. Definitions of Business Stephenson defines business as, "The regular production or purchase and sale of goods undertaken with an objective of earning profit and acquiring wealth through the satisfaction of human wants." According to Dicksee, "Business refers to a form of activity conducted with an objective of earning profits for the benefit of those on whose behalf the activity is conducted." Lewis Henry defines business as, "Human activity directed towards producing or acquiring wealth through buying...
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...of what some of qualities of a successful businessman are, each person has his/her own opinion. From my point of view, I consider that common sense, specialized knowledge, and good communication skills are the qualities of a prosperous businessman. The primary characteristic which every entrepreneur needs to have in order to do well is common sense. It is defined as an ability to make judgments on the issues, which he/she encounter in every day situations. A good common sense often called as practical intelligence empowers he/she act more quickly and wisely, especially in many complex issues. Successful businessmen are always able to be aware of the dangers surrounding him, anticipate and make sensible decisions. The second most significant quality is specialized knowledge about his/her fields. The entrepreneur who is incompetent at his job will never become profitable. Worked out ambition and money invested are not enough to make the business an effective and flourishing one; he must always accumulate his needed knowledge before jumping into business world. What is more, it is indispensable to accomplish success without communication skills. Being able to gain customers’ confidence is an absolute art and entrepreneur who can do it is bound to be successful. Furthermore, good communication methods can lay an intellectual foundation for strong relationships with colleagues partly lead to succeed in business. A prosperous businessman is must not only an affluent person, but also...
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