...HOBBY LOBBY VS. THE AFFORDABLE CARE ACT Leonila Gonzalez oUR LADY OF THE LAKE UNIVERSITY HOBBY LOBBY VS. THE AFFORDABLE CARE ACT Leonila Gonzalez oUR LADY OF THE LAKE UNIVERSITY Businesses can be affected by many laws and mandates that are set by the state or federal government. It can be difficult for a small firm to stay in business when such mandates are passed. The Affordable Care Act was signed into law by President Obama on Mach 23, 2010. Key components to the law are improving quality and health care costs, new consumer protections and access to healthcare, and mandating that all firms provided insurance for their employees. Small Business Tax credits were also included as an incentive and a way to reduce cost for the smaller firms. (Human Health Services, 2014) In order for a firm to be exempt from providing insurance to its employees they had to be classified as a non-profit organization or a Church. A businesses classification will give them exemptions for example a non-profit organization. A non-profit organization can be defined as “an incorporated organization which exists for educational or charitable reasons, and from which its shareholders or trustees do not benefit financially” (Investor Words, 2014). Because of the mandates of the Affordable Care Act, it is now in the center of litigation in which a for-profit organization is asking for exemptions from providing women health care, contraceptives, due to the owner’s religious belief. (Reese...
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...importance of the essential elements required for the formation of a valid contract 3 1.2 Impact of different types of contract 4 1.3 Analyse terms in contracts 5 LO2 Elements of a contract in Business situations 5 2.1 Elements of contract in given business scenarios 5 2.2 Law on terms in different contracts 6 2.3 Effect of different terms in given contracts 6 LO3 Negligence in Business Activities 7 3.1 Contrast liability in tort with contractual liability 7 3.2 Nature of liability in negligence 8 3.3 How a business can be vicariously liable 9 LO4 Principles of liability in negligence in Business Situations 10 4.1 The elements of the tort of negligence and defence in different business situations 10 4.2 The elements of vicarious liability in given business situation 11 References and Bibliography 13 LO1 A valid contract in a Business Context 1.1 The importance of the essential elements required for the formation of a valid contract Everything requires some principles that should be followed to make it a good one. Therefore to make a valid contract there are also some principles to be followed during making it a good one. The basic principles that should be followed by Linda green to make a contract agreement with a potential customer are as follow- Offer and acceptance There must be a lawful offer and a lawful acceptance in response to the offer...
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...business world environmental issues play an important role in marketing. Governments around the world are concerned about green marketing activities and have attempted in many ways to educate organizations to flourish green activities. In our term paper there has been little attempt to academically examine environmental or green marketing. It introduces the terms and concepts of green marketing, briefly discusses why going green is important and also examines some of the reasons that organizations are adopting a green marketing philosophy. It also focuses on some of the problems with green marketing. Although environmental issues influence all human activities, few academic disciplines have integrated green issues into their literature. As society becomes more concerned with the natural environment, businesses have begun to modify their behavior in an attempt to address society's "new" concerns. Some businesses have been quick to accept concepts like environmental management systems and waste minimization, and have integrated environmental issues into all organizational activities. One business area where environmental issues have received a great deal of discussion in the popular and professional press is marketing. Terms like "Green Marketing" and "Environmental Marketing" appear frequently in the popular press. Bangladesh is a developing country going through transition within consumers, product and service industries. Due to increased educational opportunity throughout...
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...Joint Venture The globalization strategy our team is going to explore for Moonglow is Joint venture. We are going to discuss the pros and cons to a joint venture along with some environmental factors that Moonglow needs to consider before deciding on a location. We are also going to explore different organization structures and give a recommendation on how to restructure Moonglow to succeed in the global market. Lastly, we will describe ways Moonglow can expand internationally while maintaining its eco-friendly practices and continue producing organic products. According to Jones (2011) a joint ventures is a “strategic alliance among two or more organizations that agree to establish and share the ownership jointly of a new business” (p. 342). Joint ventures are formal and bounded by a legal agreement with all parties’ rights and responsibilities spelled out. Joint ventures are considered one of the best methods for entering into foreign markets. As with any business venture, there are pros and cons that need to be considered (Jones, 2011). Many foreign markets have the potential to be closed to outside companies. Joint ventures make entering into closed markets easier. The pros to entering into a joint venture are access to limited capital resources, transfer of technology, bypass of legal restrictions, access to raw material, knowledge of regulatory climate, and investment incentives (Hall, 1984). In a joint venture, Moonglow will gain...
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...Peer Reviewed Title: An Introduction To Green Marketing Journal Issue: Electronic Green Journal, 1(2) Author: Polonsky, Michael Jay, University of Newcastle Publication Date: 1994 Publication Info: Electronic Green Journal, UCLA Library, UC Los Angeles Permalink: http://escholarship.org/uc/item/49n325b7 Abstract: The scope and importance of the relationship between business and the environment, and a survey of the pitfalls and abuses. eScholarship provides open access, scholarly publishing services to the University of California and delivers a dynamic research platform to scholars worldwide. Polonsky: An Introduction To Green Marketing An Introduction To Green Marketing Michael Jay Polonsky Department of Management, University of Newcastle, Newcastle NSW 2308, Australia. TEL: 61(49)216-911. Fax:61(49)216-911. INTRODUCTION Although environmental issues influence all human activities, few academic disciplines have integrated green issues into their literature. This is especially true of marketing. As society becomes more concerned with the natural environment, businesses have begun to modify their behavior in an attempt to address society's "new" concerns. Some businesses have been quick to accept concepts like environmental management systems and waste minimization, and have integrated environmental issues into all organizational activities. Some evidence of this is the development of journals such as "Business Strategy and the Environment"...
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...Discuss three major drivers that motivate organizations to introduce green IT initiatives. The idea of green technology has been around for many years following the trend of green movement which has been raising its hype over the past decade. Green IT refers to the study and practice of using computers and IT resources in a more efficient and environmentally responsible way (McCabe, 2009). It focuses on reducing the environmental impact of industrial processes and innovative technologies caused by the Earth’s growing population. Mainly this means creating fully recyclable products, reducing pollution, proposing alternative technologies in various fields, and creating a center of economic activity around technologies that benefit the environment (Gingichashvili, 2007). Molla (2008) identified three generic forces that can influence the adoption of Green IT — economic forces, regulatory forces, and ethical forces. Economic forces refer to the need for pursuing internal efficiency and market performance (Molla, et al., 2009). A research reveals that cost is the overriding factor for 70% of small businesses IT decision makers to invest in green technologies (Silcock, 2010). Green technology offers the same functionality as traditional technology, and for much the same up-front price. However, it also adds a host of additional benefits in terms of costs, technology and its influence on the organization. For example, green networking switches use less energy and so generate less heat....
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...Green Marketing – Opportunities & Challenges Abstract: Although environmental issues has inclined all actions but very few academic disciplines have inculcated green issues into their literature. Even till dated it has not been inclined a must be taught subject in all most all management and related higher education level but one business area where environment issues have received a great deal of importance is marketing. Now a days modern business houses have accepted green marketing as a part of their strategy. Green marketing subsumes greening products as well as greening firms. In addition to manipulating the 4Ps (product, price, place and promotion) of the traditional marketing mix, it requires a careful understanding of public policy processes. This paper will attempt to introduce – the terms and concept of green-marketing; about the importance of green marketing; examine some reasons that make the organizations interested to adopt green marketing philosophy; it also highlights some problems that organization may face to implement green marketing and it’s managerial implications along with few case points. WHAT IS GREEN MARKETING? So in this scenario of global concern, corporate houses has taken green-marketing as a part of their strategy to promote products by employing environmental claims either about their attributes or about the systems, policies and processes of the firms that manufacture or sell them. Clearly green marketing is part and parcel...
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...Green Marketing: A path for achieving Competitive Advantage through Customer Satisfaction, Trust and Confidence. Introduction In 1970s the word “GREEN “grabbed the attention of industrialist & others. Green is coined in Europe to refer to a particular politics & lifestyle . The concept is famous in United Kingdom & some other countries but it is unfamiliar in the international business environment due to the lack of universal consistent meaning. Green marketing incorporates a broad range of activities including product modification , changes to production process , packaging changes& also changing advertising strategies. Thus,Green marketing involves developing and promoting products and services that satisfy customers want and need for Quality, Performance, Affordable Pricing and Convenience without having a detrimental input on the environment.Environmentally responsible or "green" marketing refers to the satisfaction of consumer needs, wants, and desires in conjunction with the preservation and conservation of the natural environment. After a misguided attempt at green marketing in 1980s & 1990s now marketers are getting right. The time has emerged where consumers demand products with quality , convenience & affordability with environmental soundness. The conventional marketing is out and green marketing is in. Concept of Green Marketing Green marketing refers to the process of selling products and/or services based on their environmental benefits. Such a product or...
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...BUMKT6942 International Business TITLE: How to operate successfully in an international environment Submitted to: Submitted By: DESS PEARSON Munish Grover-30115494 Harshdeep Singh-30127854 Jing Li-30131749 Sahil Verma-30115653 Table of Contents EXECUTIVE SUMMARY:- 3 INTRODUCTION:- 4 HOW TO OPERATE SUCCESFULLY IN NEW MARKETS:- 5 COLES GOING INTERNATIONAL:- 6 CHOOSING THE LOCATION:- 7 ENTRY MODE FOR INDIAN MARKET:- 8 DECIDING THE STRATEGY:- 11 ACTION PLAN:- 13 CONCLUSION:- 15 EXECUTIVE SUMMARY:- Every company whether it is small or big would want to expand in the world. The company which we have chosen is Coles which is from Australia. We have taken a strategy of expanding Coles in India. Coles is one of the biggest supermarkets in Australia. Coles should perform a SWOT (Strength, Weaknesses, Opportunities and Threats) analyses before entering in India. Coles has to ask for advice from their marketing consultants for their business growth. After planning the expansion Coles has started to think about location; after considering many factors of the target country like: - political & social climate, tax & regulatory environment, legal system...
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...“country culture” of not only the countries where it sells product, but the cultures of the countries where the products are manufactured. Country culture attributes include behavior, dress, symbols, physical settings, ceremonies, language, and colors. Identifying and navigating some of the more subtle aspects is difficult but necessary for global firms. Demographics indicate the characteristics of human populations and segments, especially those used to identify consumer markets. Demographics include age, gender, race, and income. Nike uses marketing ads to target different segments of demographics. For example, Nike’s version of the toning shoe is designed to specifically appeal to women. Social issues influence consumer behavior around the world. Recently, there has been a heavy emphasis on thrift, health and wellness concerns, and green products. Social issues are always changing in the marketplace, and are very important to capture consumer approval of a product. Analyzing social issues is important in marketing. Firms must monitor these issues to keep in tune with consumer behavior. Today, many firms are “going green” to appeal to consumers. Nike has adopted this concept with its newest product,...
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...OLDSTONE & GREEN CORPORATE PRESENTATION INTELLIGENCE INSIGHT FACT INVESTIGATION DISCRETION AFRICA FOCUSED 2 LocalKnowledge www.oldstoneandgreen.com ABOUT US 3 Oldstone & Green Limited (“O & G”) is a Nigeria based independent Geopolitical Risk Consultancy, Research and Advisory firm, servicing an international client base and providing ¨ ¨ ¨ ¨ Our Ethos ¨ Insight ¨ Fact ¨ Investigation ¨ Discretion ¨ Intelligence Why Us? Our strong industry expertise, research knowhow and keen local knowledge of business, politics and markets makes us the preferred firm for organisations seeking to understand, compete and grow in Sub-Saharan Africa, with particular focus on Nigeria. O & G maximizes its exclusive relationship with well-placed, high profile political, diplomatic, business and economic contacts to deliver intelligent, informed and reliable facts, faster and better using our robust sources in major corporate establishments and government ministries, agencies, commissions and parestatals in Nigeria. www.oldstoneandgreen.com Geopolitical Risk Analysis Due Diligence Influence and Relationship Mapping Market Entry and Intelligence We are subcontractors to major London and US based risk consultancies and our clients include, global financial institutions, law firms, oil, gas and extractive companies, manufacturers, power and energy providers, retail and professional service firms and high-net-worth individuals. AFRICA FOCUSED 4 LocalKnowledge ...
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...Answer(s): * 5000 Correct Answer(s) (in green): * 5000 * 3500 * 1000 * 500 Question 2: In the Private Sector, there are many choices to be made by Business managers regarding which “projects” to borrow for and which “projects” to invest in. These choices often contain a great deal of ______________________ as well as the potential for benefits (profits). Your Answer(s): * Risk (the possibility of costs being more than originally perceived) Correct Answer(s) (in green): * Risk (the possibility of costs being more than originally perceived) * Uncertainty (the possibility of benefits being less than originally perceived) * both a. and b. * none of the above Question 3: On average, about ________ per cent of an individual’s consumption expenditure is for services. Your Answer(s): * 29 Correct Answer(s) (in green): * 9 * 29 * 59 * 89 Question 4: In recent times, professional degrees such as JD (lawyer) or DVM (animal doctor) made a median income of approximately. * $19,600 * $59,600 * $121,340 * $159,600 Question 5: Tax revenues in the U.S. (as a percentage of GDP) are high compared to other nations of the world. * TRUE * FALSE Question 6: A system of laws for the ____________ sector is a necessity for individual rights as well as for efficient and effective commerce. . Your Answer(s): * business Correct Answer(s) (in green): * business * household * government ...
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...Report On “Green Banking Practice in Bangladesh: A Case Study of Jamuna Bank Limited” ASA University Bangladesh Report On “Green Banking Practice in Bangladesh: A Case Study of Jamuna Bank Limited” Submitted to: Abdullah Al Masum Lecturer Faculty of Business ASA University Bangladesh Submitted by: Md: Rased Chowdhury Id: 083-12-0057 Batch: 5th Bachelor of Business Administration ASA University Bangladesh Submission Date: 12 August, 2012 Letter of Transmittal 12 August, 2012 Abdullah Al Masum Lecturer Faculty of Business ASA University Bangladesh Subject: Submission of Internship Report. Dear Sir It is with great pleasure that I am going to present my internship report on “Green Banking Practice in Bangladesh: A Case Study of Jamuna Bank Limited”. I have worked at Jumana Bank Limited (JBL), Ring Road Branch for three months. Based on this, I have tried to incorporate theories...
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...auditor is too sympathetic or trusting of the client because of a close relationship with them. 5. Intimidation threat- intimidates the auditor to give an unqualified opinion otherwise not re-appoint him. Areas of risks Financial interests Family relationships Business relationships Loans Fees Undue independence Gifts and hospitality Second opinion Provision of other services Auditors specific threats to their independence and objectivity 1. Dependence on income from a particular client or group of clients may impair objectivity and independence. Implications- auditor may not qualify the audit report when qualification is required because this will upset client who may move to another audit firm and thus cause loss of significant income. Safeguards Do not accept certain assignments. Resign from certain assignments. Do not stand for reappointment as auditor. Reduce non audit work with a view to control gross practice income from that particular client. As a general rule, recurring fees paid by one or group of connected clients should not exceed the threshold of the gross practice income as follows: Listed: 10% Non Listed: 15% 2. Family or other personal relationships- problems may arise where a practice or anyone closely connected with it has a mutual business interest with a client or with the employee of a client. Implications- auditor loses independence as he has a conflict between maintaining...
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...Green Days Company. Green Days is a company of a standard size that manufactures organic breakfast cereal since 1985. The company has spent its initial years in creating a good brand image for itself around UK. Serving a good range of cereal to more than 7 cities in the UK has given confidence to the company. This brand serves at least 110 outlets in the UK employing 250 in each outlet. The collection includes: * Cornflakes * Mixed grains flakes * Porridge oats * Muesli * Wheat * Rice * Barley * Honey flakes * Toasted Oats * Multi Grain * Fruit and Wheat Cereal The sales have progressively been growing since the mid 1990’s and are now looking into modernising their range with a breakfast cereal, which will specifically apply to children. We are now planning to introduce its new product to be chocolate based, the target market being children. In these fast paced conditions businesses need to go in order to survive and increase their sales revenue. The cereal has to be nutritious and healthy along with tasty in order for the children to enjoy and demand for more! Current market (Organic Food Sale) Multiple retailers: 2010 = £1,252m, 2011 = £1,189.6m -5% Box schemes/home delivery/mail order: 2010 = £155.8m, 2011 = £167m +7.2% Farm shops: 2010 = £31.55m, 2011 = £30.45m -3.5% Farmers’ markets: 2010 = £17.82m, 2011 = £17.64m -1% Other independent retailers: 2010-£259.3m, 2011-£246.6m -4.9% Why did it...
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