...llegal immigrants in the United States (US) have long been a topic of debate for policymakers and the public. The rationale about them is that they do not pay taxes; they add to the costs of taxpayers and use up funds in resources meant for assisting citizens and legal immigrants (the legal citizens). Therefore, they are perceived as a threat to the US economy. The true impacts of illegal immigrants on the US economy are discussed by debating over the economic benefits as well as economic costs of these immigrants. The negative impacts, discussed first, presented the decreases in low skilled jobs’ wage rates for legal immigrants and citizens instigated by illegal immigrants, the social services such as educations and healthcare that they utilize and add to taxpayers. Then contrary to the negative impacts, the positive impacts reveal benefits of low production costs, increases in the local market sales, undocumented tax generation, impact on growth and employment brought forth by illegal immigrants. These impacts, both negative and positive, are independently analyzed and weighed against each other. The discussion does show a slight net positive impact on the US economy in contrast to the normal belief about illegal immigrants. There was a time when people came freely and settled within the land, but as societies became more civilized and community laws established, immigration became a point of concern for the advanced societies. They did not just want any person to enter the...
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...4T12 Project FEASIBILITY STUDY GUIDELINE This guideline is to be used in preparing a feasibility study for major projects. This is different to the work carried out in the Infrastructure Planning examined in Module 2 because we are now concerned with the details of a particular project as opposed to the overall planning of a whole multi-year infrastructure programme. The term “feasibility study” is used as a convenient description for the output for the work done, users of this toolkit should not apply preconceived notions of what a feasibility study consists of. Stated as simply as possible, the work done here must show that the project: ➢ is in accordance with predetermined needs; ➢ is the most suitable technical solution to the needs; ➢ can be implemented within any capacity constraints of the Institution which operates; ➢ has been subject to a due diligence that shows it is legally, physically and socially compliant; ➢ is fully costed over the whole life of the project; ➢ has taken due cognisance of the risks associated with its whole life cycle; and ➢ is affordable to the institution responsible for the project in the context of the available budget; The feasibility study guideline set out below is for a comprehensive document that, in many instances simply uses information already collected and set out as part of the steps carried out by the Institution. That said it is necessary to create a study that creates a holistic justification...
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...customers who are willing to pay more to have the product sooner. Prices are usually lowered once demand falls. Penetration pricing is the opposite; it involves the setting of lower, rather than higher price for a new product. The seller wants to discourage competitors from entering the market by building a large market share quickly. The plan is to raise prices as soon as the introductory offer is over (Pride, Hughes, & Kapoor, 2011). Lavishness Hair Studio will use price penetration during the initial opening phase of the business. Penetration pricing is the strategy of entering the market with a low initial price so that a greater share of the market can be captured. (Pride, Hughes, & Kapoor, 2011) The penetration strategy is used when an elite market does not exist and demand seems to be elastic over the entire demand curve, even during early stages of the service. (Iacobucci, 2011).One purpose Lavishness Hair Studio will use price penetration...
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...impact on the design of service delivery process: Intangibility: If it is seen in terms of service, the "service" of car rental is intangible but on the basis of the physical nature of the rented vehicle, it is not as intangible as various other services are. In this industry, the consumer can see and touch the rented vehicle, which is not possible in other services. In this industry the service provided is the physical car. This significantly affects the service delivery process of industry as they have to keep in mind that consumer wants more and more quality and in case of car rental they can easily judge it. Perishability: Car rental service is a perishable service as if a car is not rented for some days, it may direct towards high losses. High fixed costs are associated with car rental service and need to be balanced in significant manner. This characteristic has direct impact on the service delivery process of industry as they have to operate with effective strategies related with perishability. Heterogeneity: Car rental service is not an especially heterogeneous service in comparison to the other services like a doctor, lawyer and an architect. In this industry, the customers may request altered vehicles or additional services for example child seat and ski rack. They may require vehicles on diverse rental terms like return with empty or full tank and unlimited miles (John & Luis, 2005). All these things need to be concerned while designing service delivery process as otherwise...
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...LPO (Legal Process Outsourcing) is currently one of the fastest growing industry as it provide low-cost and time saving services. This study aims to know about LPO, specifically its origin, the services it provide, its quality and satisfaction, its impact in the legal industry and its status nowadays. The theories related to the topic like Transaction Cost Theory and Value Chain Analysis are discussed in theoretical framework. In addition, this research uses descriptive type of design as a method. Finally, conclusions are formed based on the data collected from the instruments used relevant to the topic such as PDF’s, books, and articles from the internet. CHAPTER I Introduction Legal industry operates in a global market place, and both clients and firms are seeking to understand how global outsourcing can add to their business. Lawyers have always outsource work to other lawyers with specialist knowledge. Firms are using their offices in other jurisdictions to do their legal work and offering that services to other firms. (The Law Society, 2011). In the Philippines, Legal Process Outsourcing (LPO) is one of the fastest growing sector in Business Process Outsourcing (BPO) industry. Many LPO’s have out growth due to increasing demand for legal outsourcing and off shoring abroad. Various U.S law firms chooses Philippines because of its highly educated lawyers who are experts in their fields, high English proficiency, similar with the US legal systems, lower labour costs and...
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...implemented. 2. Context The following section provides background for the focus, decisions made and activities selected in the operational plan for Employee Benefits. 1.1. Environment An environment analysis focusses on the external and uncontrollable factors that influence an organisation (Peters [sa]). PESTEL is a common macro environment analysis tool which looks at factors from political, economic, sociocultural, technological, environmental and legal aspects and Vitez (2014) explains that such a macro environmental analysis helps create a strategy that leverage as many of these external factors as possible to the company’s advantage. The PESTEL analysis for Employee Benefits has identified the following major external factors which need to be considered by the company: Table 1: Macro factors Aspect | External Factor | Comment | Economic | Money supply | Typical group benefit programs require the employer and/or employee to contribute towards scheme premiums. If money supply is low as a result of poor market growth, recession, downsizing, retrenchments etc. then the...
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...Brandeis University & The Brookings Institution May 2005 Abstract The poorest WTO member countries almost universally fail to engage as either complainants or interested third parties in formal dispute settlement activity related to their market access interests. This paper focuses on costs of the WTO’s extended litigation process as an explanation for the potential but “missing” developing country engagement. We provide a positive examination of the current system, and we catalogue and analyze a set of proposals encouraging the private sector to provide DSU-specific legal assistance to poor countries. We investigate the role of legal service centres, non-governmental organizations, development organizations, international trade litigators, economists, consumer organizations, and even law schools to provide poor countries with the missing services needed at critical stages of the WTO’s extended litigation process. In the absence of systemic rules reform, the publicprivate partnership model imposes a substantial cooperation burden on such groups as they organize export interests, estimate the size of improved market access payoffs, prioritize across potential cases, engage domestic governments, prepare legal briefs, assist in evidentiary discovery, and pursue the public relations effort required to induce foreign political compliance. JEL No. F13 Keywords: WTO, Dispute Settlement, Developing Countries Bernard M. Hoekman‡ Sciences Po, Paris World Bank & CEPR ________________ † ...
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...is not Approved………………………………….6 5. Solution Deployment & Time Scale………..…………………………...7 6. Cost & Resources………….……………………………………………..8 7. Conclusion………………………………………………………………..9 1. Executive Summary This business case has been prepared to analyse the need of an Induction Program at Advantedge Financial Services and to recommend ways of conducting the program. Advantedge Financial Services has been operating for over 10 years, and while it has been a relatively small company in the past, its growth in conjunction with National Australia Bank acquiring the entity this has expanded the company and its business to unprecedented levels. Currently, Advantedge Financial Services does not have any Induction Programs in place, as it has been unnecessary in the past due to its low profile persona. However due to its expansion the company has employed a high number of staff to accommodate the increased volume of work that the business has acquired. This past year alone Advantedge Financial Services has hired over 50 staff including 10 Co-Op students around the company. First hand accounts has revealed that the absence of an Induction Program has made it more challenging for new staff to adjust to the environment, particularly Co-Op students who most times are settling into their first full time office job. Work productivity has also been relatively low compared to staff that has received work induction program from other companies. It is recommended...
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...Question 2(a) In fact, reducing the costs, focusing on the core business and enhancing the quality are three main reasons that firms concern. Referenced from the case, the hourly wage of a lawyer in US is much higher than the one in India. The total cost of finishing the job in a US firm should be higher than the outsourcing price due to the gap between salaries. Costs can thus be reduced. Outsourcing helps a firm to focus on its core business. When a firm outsources the labor-intensive works, there are more resources left behind. The resources can have a better contribution, for example, to allocate more on the main business. Besides, job quality can also be enhanced. Such as the case, the preparation works are outsourced and done by a 6-lawyer group, the quality is upgraded. Also, as mentioned, more resources are allocated to other areas related to the lawsuit, the quality of job as a whole should be higher. Nevertheless, there are also some costs and risks. The costs of selecting and identifying an outsourced company should be a concern because a productive one is vital. An unqualified company can ruin the project. After finding an outsourced company, the risks will be incurred. Legal responsibilities may be produced due to the careless handling of the privacy of clients. Losing control of the services is a risk because the jobs are done outside and controls are difficult. Losing control may lead to another risk – the quality of the services outsourced may thus lower. Question...
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...Airways: A Cadre of New Managers Takes Control Case Background JetBlue is a low-cost domestic airline in the United States following a rather interesting combination of ‘low-cost and differentiation’ as its strategy. From its inception in 1998, the airline grew to become the 11th largest player in the airline industry in a short span of 6 years. It had been the only other airline apart from Southwest airlines, to have been profitable during the aftermath of the September 11, 2001 attacks on World Trade Center, and at a time when the entire airline industry was experiencing losses. In 2001, JetBlue planned to launch an IPO to fund its expansion plans. The IPO had to be postponed in light of the terrorist attacks, but JetBlue continued with its expansion plans using its share of the $15 billion bailout ($5 billion in direct compensation and another $10 billion in loan guarantees) the US government granted to the aviation industry, and a fresh infusion of funds from its original investors. Jet Blue is facing the same problem as nearly any company in any industry; that of competition. The most important task at hand for the company of Jet Blue is to maintain the quality of their product so as to ensure that they are able to garner customers, their product being superior to that of their competition. Thus far, Jet Blue has done this quite well, establishing a name for themselves as a low-cost provider of an exemplary air-travel experience. However, in addition to their competition...
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...Formation Of A Legal Firm Name: Institutional Affiliation: Date: In the current century, it is evident that numerous changes have been observed in the law firm business. The traditional law firm practice model has as a result been passed by time and firms or any person attempting this model have always found themselves struggling in this dynamic market. The traditional law practice has also been marked by constant consternation as the law firm does not produce good results. The incorporation of the new law firm practice model is evidenced by the rising number of law firms over the years. This means that to start a firm in the 21st century, then you definitely have to use the business models applicable in the current century and not the ones that were used in the 19th century. With these, it follows that successful lawyers are those who have changed their modus operandi and embraced the latest legal practices, something that my friends and I would use to establish a successful law firm. The turning point in the establishment of the modern law practices came about as a result of the high court decision by the U.S Supreme Court (Bates & O'steen V. State Bar of Arizona, 1977) in (Munneke, 2012, p. 4). It is worthwhile noting that the success in the Law firm requires a proper identification of a legal niche to practice in. According to Munneke (2012), the competition that the law practice faces from other professionals necessitates the careful niche selection...
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...out as an idea from Rollin King, a San Antonio entrepreneur of a commuter air service. The idea was a response to complaints from his banker about the expense and inconvenience of ground travel between the cities of Houston, Dallas and San Antonio, also known as the Golden Triangle (Dess, Lumpkin, & Eisner, 2010 page C194). King, wanting to bring the idea to fruition, pooled his money together with a San Antonio lawyer, Herb Kelleher, who later won many of the company’s legal and territorial battles, and they started Southwest Airlines. After four years of legal battles with major airlines while the company was still very new, Southwest Airlines (SWA) finally launched its first flight in 1971 and continued to run with the assistance of many key people. One of the key people who got the company on its feet was Lamar Muse, former CEO. Howard Putnam later took Muse’s place as CEO from 1978 to 1982 and was then replaced by Herb Keller who was previously Chairman of the Board. Under the influence of Keller and SWA’s “low-cost strategy” (Dess, Lumpkin, & Eisner, 2010 page C194), SWA expanded from flying to only 14 cities, but still earning $270 million, to later servicing 64 cities, all at low rates. SWA continues to be a popular airline and its current key people are Gary Kelly, Chairman and CEO; Laura Wright, CFO and Senior VP of Finance; Michael Van De Ven, COO; Ron Ricks, Chief Legal and Regulatory Officer and Robert Jordan, Chief Commercial Officer. SWOT ANALYSIS: ...
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... The Michael O'Leary leader of the body began to provide technology for mobile phones in their plane. This allows passengers to use their phones on airplanes, but at higher cost. Ryanair has tried to buy Aer Lingus twice, in 2006 and 2008, but failed both times. This paper discusses the Ryanair's sustainability strategy and how it impacted the company in the near-term future. Ryan air's Current Strategy The purpose of Ryan Air is to establish itself as the leading low-fare airline in Europe, willing to travel by improving and strengthening the offers by starting its low fares services. Ryanair aims to offer preferential tariffs to develop expanded traffic, while at the same time maintaining the relentless focus on cost containment and operational efficiency. Ryanair offers cornerstone of a sense, therefore, the elimination of the smallest of all obligations of the host of tourist services to Ryanair, despite the tariff. Ryanair fares cornerstone of demand for air travel are in question and quotation on the amount of time the appointed day, the outcome of air travel, is attributed to a higher level of air traffic over the high estimate of demand for bookings outside the designated day of departure. Key Factors Shaping Ryan air's Strategy in the Business Environment Ryanair, in the scheme of cost...
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...strategy. Typically, a firm has little ability to predict trends and events in the general environment, and even less ability to control them. We divide the general environment into six segments: demographic, socio-cultural, political/legal, technological, economic, and global. A. THE DEMOGRAPHIC SEGMENT Demographics are the most easily understood and quantifiable elements of the general environment. Demographics include elements such as the aging population, rising or declining affluence, changes in ethnic composition, geographic distribution of the population, and income level disparities. B. THE SOCIOCULTURAL SEGMENT Socio-cultural forces influence the values, beliefs, and lifestyles of a society. Examples include a higher percentage of women in the workforce, dual-income families, increases in the number of temporary workers, greater concern for healthy diets and physical fitness, greater interest in the environment, and families postponing having children. The section also addresses the increased educational attainment of women in the workplace. C. THE POLITICAL/LEGAL SEGMENT Political/legal...
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...------------------------------------------------- (Case Analysis) Problem Statement: How can Southwest Airlines maintain its low cost leadership in the industry by making the strategy sustainable against the competitors that are emerging strong without compromising on the quality of customer service? External Analysis: Pest Dimensions | Effects on the case | Political | * 9/11 Attack, Ongoing war in Iraq, 2003 SARS epidemic affected the industry but Southwest was affected the least | Economical | * High Fixed Costs * Constantly changing fuel expenses | Social | * Strong commitment towards customer service * Hiring based on the attitude not on the experience | Technological | * Constantly emerging technologies has enabled frequent traveling among people * Enabled online ticket booking through website launch. | Legal | * Won legal battles against the competitors in the US courts twice * Bankruptcy protection filed by various Airlines | Environmental | * Other airlines were now out of bankruptcy with lower costs and higher efficiency. | SWOT Analysis: Strengths | * Point to point flight system * Low turnaround time of 15 min while the industry average was 45min * First movers in the online presence with a website of their own and in 2007 they accounted for 74% of their tickets booked online * Low prices * Customer centric behavior made the Southwest airlines stand out with fewest overall customer complaints * Employee...
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