...The company I chose for this assignment has decided to remain anonymous. At the bottom of the page there is a reference number listed to provide legitimacy. This company is a restaurant and operates as an LLC. To start off, three ethical issues that are commonly arising in the business will be discussed. The first issue refers to the cash register where all transactions flow through. The issue at hand is when the money is taken from the register and counted; it doesn’t always match what the receipt says. The owner has to examine whether the money was stolen or mistakes have taken place and his employees are honest. In most cases the cash amount is not off by more than a dollar or two. The second issue is employees eating food for free. The company’s handbook policy states that no food is to be eaten for free, however employees still do it. In most cases the cooks are guilty, but are hard to monitor. The owner prefers to explain the future ramifications of their actions to instill honesty and good ethical behavior. The last issue deals with punctuality. In this business the majority of employees will show up right as their shift begins and clock in immediately. Even though they are on time, they are still not ready to start their shift and often take a few minutes to do so. Other employees will arrive a minute or two late, get ready, and then clock in five minutes late. All incidents are over just a few minutes, but punctuality is a responsibility of the employees. Along with...
Words: 968 - Pages: 4
...United States Judicial System If and when you should so decide to start a business, first you must choose what legal form of business will be the best fit for your needs. There are three common types of ownership options to choose from, sole proprietorship, partnership, and to form a corporation. All of the three will have both advantages and disadvantages. Let’s take a peek as to what each one offers. According to Karen Collins, who wrote the book Exploring Business, “A sole proprietorship is a business owned by only one person. The most common form of ownership, it accounts for more than 72 percent of all U.S. businesses.” A sole proprietorship is known to be the cheapest and easiest business to form. The advantages of having a sole proprietorship business are that you are the only owner. This means that you are the only one in control of everything. Because you are the one in control, you are also the one who gets to profit because of it. In the end you get all the income earned and any profits earned can be taxed as personal income. By doing this you are entitled not to have to pay those pesky special income taxes. The disadvantages of a sole proprietorship come down to if the business is not doing good, then in turn you are not going to do good. You are fully responsible for your business. You must rely on you and your sources for any financing, and if you die, the business will in turn die as well. Our next type of business is a partnership...
Words: 1105 - Pages: 5
...82476 c02.3d GGS 3/17/09 15:15 r r r r r r r r r r r r r r r r r r r r r r r r r rr ECONOMIES AND SCOPE OF SCALE 2 r r r r r r r r r r r r r r r r r r r r r r r r r rr F ew concepts in microeconomics, if any, are more fundamental to business strategy than economies of scale and the closely related economies of scope. Economies of scale allow some firms to achieve a cost advantage over their rivals. Economies of scale are a key determinant of market structure and entry. Even the internal organization of a firm can be affected by the importance of realizing scale economies. We mostly think about economies of scale as a key determinant of a firm’s horizontal boundaries, which identify the quantities and varieties of products and services that it produces. The extent of horizontal boundaries varies across industries, along with the importance of scale economies. In some industries, such as microprocessors and airframe manufacturing, economies of scale are huge and a few large firms dominate. In other industries, such as apparel design and management consulting, scale economies are minimal and small firms are the norm. Some industries, such as beer and computer software, have large market leaders (Anheuser-Busch, Microsoft), yet small firms (Boston Beer Company, Blizzard Entertainment) fill niches where scale economies are less important. An understanding of the sources of economies of scale and scope is clearly critical for formulating and...
Words: 16512 - Pages: 67
...Boston College Environmental Affairs Law Review Volume 39 | Issue 2 Article 7 6-1-2012 Accounting for Emissions Trading: How Allowances Appear on Financial Statements Could Influence the Effectiveness of Programs to Curb Pollution Laura E. Souchik Follow this and additional works at: http://lawdigitalcommons.bc.edu/ealr Part of the Environmental Law Commons Recommended Citation Laura E. Souchik, Accounting for Emissions Trading: How Allowances Appear on Financial Statements Could Influence the Effectiveness of Programs to Curb Pollution, 39 B.C. Envtl. Aff. L. Rev. 475 (2012), http://lawdigitalcommons.bc.edu/ealr/vol39/iss2/7 This Notes is brought to you for free and open access by the Law Journals at Digital Commons @ Boston College Law School. It has been accepted for inclusion in Boston College Environmental Affairs Law Review by an authorized administrator of Digital Commons @ Boston College Law School. For more information, please contact nick.szydlowski@bc.edu. ACCOUNTING FOR EMISSIONS TRADING: HOW ALLOWANCES APPEAR ON FINANCIAL STATEMENTS COULD INFLUENCE THE EFFECTIVENESS OF PROGRAMS TO CURB POLLUTION Laura E. Souchik* Abstract: Cap-and-trade programs to curb carbon emissions frequently rely on the use of tradable emissions credits known as “allowances.” To date, companies' presentations of their usage of these allowances on their financial statements has not been uniform. Cap-and-trade programs will be most effective when presentation of allowances on...
Words: 11507 - Pages: 47
...9-709-462 REV: JANUARY 15, 2010 JUAN ALCACER DAVID COLLIS MARY FUREY The Walt Disney Company and Pixar Inc.: To Acquire or Not to Acquire? In November 2005, Robert Iger, the newly appointed CEO of the Walt Disney Company, eagerly awaited the box office results of Chicken Little, the company’s second computer-generated (CG) feature film. He knew that, for Disney as a whole to be successful, he had to get the animation business right, particularly the new CG technology that was rapidly supplanting hand-drawn animation.1 Yet the company had been reliant on a contract with animation studio Pixar, which had produced hits such as Toy Story and Finding Nemo, for most of its recent animated film revenue. And the co-production agreement, brokered during the tenure of his predecessor, Michael Eisner, was set to expire in 2006 after the release of Cars, the fifth movie in the five-picture deal. Unfortunately, contract renewal negotiations between Steve Jobs, CEO of Pixar, and Eisner had broken down in 2004 amid reports of personal conflict. When he assumed his new role, Iger reopened the lines of communication between the companies. In fact, he had just struck a deal with Jobs to sell Disneyowned, ABC-produced television shows—such as “Desperate Housewives”—through Apple’s iTunes Music Store.2 Iger knew that a deal with Pixar was possible; it was just a question of what that deal would look like. Did it make the most sense for Disney to simply buy Pixar? Walt Disney Feature Animation ...
Words: 13708 - Pages: 55
...Philip H. Jos College of Charleston Mark E. Tompkins University of South Carolina Keeping It Public: Defending Public Service Values in a Customer Service Age New Ideas for Improving Public Administration Notwithstanding the persistence and proliferation of to the breaking point with a RAND Corporation calls to serve “customers,” these relationships incorporate study that exhorted the military to engage in “customdistinctively public priorities and performance er-informed decision-making” and to work on instillexpectations—priorities and expectations often shaped ing “customer satisfaction” in Afghanistan (Helmus, by a desire to reduce customer vulnerabilities and Paul, and Glenn 2007). prevent seller strategies that are deemed unacceptable. The authors examine these distinctively public The persistence of the customer metaphor in the relationships—between professionals and clients, face of substantial criticism suggests that a far more guardians and wards, facilitators fundamental reassessment of and citizens, and regulators the relationship between public The persistence of the customer administrators and those they and subjects. By acknowledging serve is required. Our examinathat public administration metaphor in the face of tion finds that the vulnerabilioften involves relationships with substantial criticism suggests multiple constituencies and that ties of those treated as “customthat a far more fundamental opportunities to serve them are ers,” and the problems raised...
Words: 9438 - Pages: 38
...Analysis of Antitrust Concerns Regarding XM/Sirius Merger This memorandum sets forth an initial analysis of the competitive effects of the proposed XM/Sirius transaction and identifies consequences of the merger that appear likely to substantially lessen competition in violation of antitrust law. This analysis is based on publiclyavailable sources regarding the parties, the transaction, and the industry in general. We will continue to refine our analysis as additional facts become available and arguments are developed. I. Introduction The proposed merger of XM and Sirius will combine the only two providers of satellite digital audio radio service (“satellite DARS”). The parties claim that DOJ should not be concerned about this merger to monopoly, because there are other suppliers in the purported market for audio entertainment. Those claims will be evaluated by DOJ pursuant to the rigorous analytical framework set forth in the agencies’ Merger Guidelines1 and decades of federal court decisions interpreting Section 7 of the Clayton Act. Under that framework, there can be no doubt that the effect of the proposed transaction “may be substantially to lessen competition, or to tend to create a monopoly” in any relevant line of business.2 The parties further suggest that regulators should not be worried about their merger to monopoly because they will submit to price regulation that temporarily locks in the current rates to ensure that satellite DARS customers...
Words: 4876 - Pages: 20
...GAME CHANGE OBAMA AND THE CLINTONS, MCCAIN AND PALIN, AND THE RACE OF A LIFETIME JOHN HEILEMANN AND MARK HALPERIN FOR DIANA AND KAREN Contents Cover Title Page Prologue Part I Chapter One – Her Time Chapter Two – The Alternative Chapter Three – The Ground Beneath Her Feet Chapter Four – Getting to Yes Chapter Five – The Inevitables Chapter Six – Barack in a Box Chapter Seven – “They Looooove Me!” Chapter Eight – The Turning Point Chapter Nine – The Fun Part Chapter Ten – Two For the Price of One Chapter Eleven – Fear and Loathing in the Lizard’s Thicket Chapter Twelve – Pulling Away and Falling Apart Chapter Thirteen – Obama Agonistes Chapter Fourteen – The Bitter End Game Part II Chapter Fifteen – The Maverick and His Meltdown Chapter Sixteen – Running Unopposed Chapter Seventeen – Slipping Nooses, Slaying Demons Part III Chapter Eighteen – Paris and Berlin Chapter Nineteen – The Mile-High Club Chapter Twenty – Sarahcuda Chapter Twenty-One – September Surprise Chapter Twenty-Two – Seconds in Command Chapter Twenty-Three – The Finish Line Epilogue – Together at Last Index Author’s Notes About the Authors Copyright About the Publisher Prologue BARACK OBAMA JERKED BOLT upright in bed at three o’clock in the morning. Darkness enveloped his low-rent room at the Des Moines Hampton Inn; the airport across the street was quiet in the hours before dawn. It was very late December 2007, a few days ahead of the Iowa caucuses. Obama had been sprinting flat out...
Words: 160589 - Pages: 643
...Research on Educational Impact of Games A Literature Review Institute for Games for Learning NYU Education/Assessment Group CUNY Education/Assessment Group White Paper # 02/2009 Version 0.1 June 25, 2009 Florrie Ng Helen Zeng Jan L. Plass Gaming Literature Coding In response to researchers’ calls for more systematic investigations of the use of games for learning, we conducted an extensive literature review on this topic. By surveying prior research, we examined the themes that emerged, the methodology employed, and the findings yielded, the ultimate goal being to identify knowledge gaps in the literature. To this end, we reviewed the relevant research conducted in the last 15 years by following the procedures outlined below. (a) Using the widely used social science database PsycINFO, we searched for articles which focused on both games and learning. The keywords chosen were “gam*” and either “learn*”, “teach*”, or “educat*” (the wildcard * can stand for any of a defined subset of all possible characters; for example “gam*” includes “game,” “games,” “gaming,” etc.). This generated about 4000 peer-reviewed articles from the earliest date (i.e., before 1960) to the end of 2008. (b) Given that studies conducted a decade ago tended to be less rigorous methodologically or yield obsolete results, we decided to focus our attention on more recent research. Once we narrowed down the time period to the years of 1995 to 2008, about 2400 peer-reviewed articles were left in the...
Words: 6821 - Pages: 28
...Course Project: Team A DeVry University - Online Technology, Society, and Culture HUMN 432 Aimee James 19 February, 2012 Abstract Here we as a six-member team collaborate to delve into this fascinating industry, taking a trip from describing the technology and its graphics, through its myriad history. Furthering these endeavors continues this journey into the influences surrounding this titanic industry, exploring political, legal, physical, and both positive and negative influences alike. Then taking a decidedly tactic turn into the economic questions and considerations, exploring the aspects of economic growth, prediction of future growth in the industry, as well as showing there is a consistency in the overall economy of this industry, and then traveling into the various changes this specialty has changed the economy as a whole. Continuing further we explore the psychological considerations and sociological effects of this industry, summarizing that it all comes down to personal responsibility and accountability when it comes to making choices in any and all things in life. Furthermore, the topic of violence in video games and the tendencies they create, plus the ever continuing debate this topic will forever have shrouded around it, gets a dose of reality. Admitting gaming addiction and denying a link to increased aggression due to video games is also pondered. The next section after this is all about the technology we so love and admire as a society...
Words: 20783 - Pages: 84
...© Academy of Management Journal 1996, Vol. 39, No. 3. 519-543. THE RESOURCE-BASED VIEW OF THE FIRM IN TWO ENVIRONMENTS: THE HOLLYWOOD FILM STUDIOS FROM 1936 TO 1965 DANNY MILLER Ecole des Hautes Etudes Commerciales, Montreal, and Columbia University JAMAL SHAMSIE New York University This article continues to operationally define and test the resourcehased view of the firm in a study of the major U.S. film studios from 1936 to 1965. We found that property-hased resources in the form of exclusive long-term contracts with stars and theaters helped financial performance in the stable, predictable environment of 1936-50. In contrast, knowledge-based resources in the form of production and coordinative talent and budgets boosted financial performance in the more uncertain (changing and unpredictable) post-television environment of 1951-65. The resource-based view of the firm provides a useful complement to Porter's (1980) well-known structural perspective of strategy. This view shifts the emphasis from the competitive environment of firms to the resources that firms have developed to compete in that environment. Unfortunately, although it has generated a great deal of conceptualizing (see reviews by Black and Boal [1994] and Peteraf [1993]), the resource-based view is just beginning to occasion systematic empirical study (Collis, 1991; Henderson & Cockburn, 1994; Montgomery & Wernerfelt, 1988; McGrath, MacMillan, & Venkatraman, 1995). Thus, the concept of resources remains an...
Words: 11277 - Pages: 46
...more of a mainstream audience than Sony and Microsoft, the Wii, scheduled to launch just two days after the PS3, posed a serious threat to Sony’s market share, particularly due to its $249.99 retail price, half the price of the PS3. Stringer also knew that there was much more at stake than winning the console war. The next generation of the DVD market was at stake as well. In addition to being a gaming console, the PS3 was a Blu-Ray disc player. Blu-Ray was a next-generation optical disc format that held more than five times as much information as DVDs and allowed high-definition television (HDTV) owners to watch movies with an unprecedented level of image quality. The PS3 was, in effect, the “Trojanhorse” for the Blu-Ray format. This case was prepared by...
Words: 10464 - Pages: 42
...of the human psyche that is sure to benefit both introverts and extroverts alike.” —Kirkus Reviews (starred review) “Gentle is powerful … Solitude is socially productive … These important counterintuitive ideas are among the many reasons to take Quiet to a quiet corner and absorb its brilliant, thought-provoking message.” —ROSABETH MOSS KANTER, professor at Harvard Business School, author of Confidence and SuperCorp “An informative, well-researched book on the power of quietness and the 3/929 virtues of having a rich inner life. It dispels the myth that you have to be extroverted to be happy and successful.” —JUDITH ORLOFF, M.D., author of Emotional Freedom “In this engaging and beautifully written book, Susan Cain makes a powerful case for the wisdom of introspection. She also warns us ably about the downside to our culture’s noisiness, including all that it risks drowning out. Above the din, Susan’s own voice remains a compelling presence—thoughtful, generous, calm, and eloquent. Quiet deserves a very large readership.” —CHRISTOPHER LANE, author of Shyness: How Normal Behavior Became a Sickness 4/929 “Susan Cain’s quest to understand introversion, a beautifully wrought journey from the lab bench to the motivational speaker’s hall, offers convincing evidence for valuing substance over style, steak over sizzle, and qualities that are, in America, often derided. This book is brilliant, profound, full of feeling and brimming with insights.” —SHERI FINK, M.D., author...
Words: 118436 - Pages: 474
...36865_02 12/5/2005 9:55:49 Page 51 CHAPTER 2 TE C H N O L O G Y IN F R A S T R UC TURE: THE IN T E R N E T AN D THE WO R L D W I D E WEB LEARNING OBJECTIVES In this chapter, you will learn about: ● The origin, growth, and current structure of the Internet ● How packet-switched networks are combined to form the Internet ● How Internet protocols and Internet addressing work ● The history and use of markup languages on the Web, including SGML, HTML, and XML ● How HTML tags and links work on the World Wide Web ● The differences among internets, intranets, and extranets ● Options for connecting to the Internet, including cost and bandwidth factors ● Internet2 and the Semantic Web INTRODUCTION Many business executives made the statement “the Internet changes everything” during the late 1990s. One of the first people to say those words publicly was John Chambers, CEO of Cisco Systems, in a speech at a computer industry trade show in 1996. For his company, the Internet did indeed change 36865_02 10/7/2005 16:35:28 Page 52 everything. Cisco, founded in 1984, grew rapidly to become one of the largest and most profitable 52 companies in the world by 2000. Cisco designs, manufactures, and sells computer networking devices. In this chapter, you will learn about these devices and how they make up the Internet. Cisco’s earnings grew as telecommunications companies purchased the company’s products to build...
Words: 24308 - Pages: 98
...research, making it also a valuable source for academics studying strategic alliances and the wide array of management issues they raise. Child, Faulkner, and Tallman have done a remarkable job of putting together in a highly consistent way all the knowledge available on what has become an essential facet of business development, namely Cooperative Strategy.’ Pierre Dussauge, Professor of Strategic Management, HEC – School of Management, Paris ‘I highly recommend this book for alliance scholars and practitioners. The breadth of coverage of the practical and theoretical literature on cooperative strategy is one of the book’s primary contributions. The authors demonstrate a comprehensive understanding of the subject matter and the numerous case studies demonstrate a close connection with actual experience.’ Andrew Inkpen, J. Kenneth and Jeanette Seward Chair in Global Strategy, Thunderbird, The Garvin School of International Management ‘Companies need to know not just how to compete with other firms, but how to cooperate with them. The proliferation of joint ventures, partnerships, and strategic alliances reflect the increasingly dispersed and networked structure of modern business organisation. This book is a manager’s guide to this significant trend. In particular it emphasizes the importance of not merely building co-operative structures...
Words: 221089 - Pages: 885