...as citizens, give our government certain powers via the United States Constitution. We allow the government to have these powers, not so that they may control us and everything we do, but so that they may protect us and provide us with a form of civilization and order. We give certain powers to the national government, but we do not give them all of the power over our nation, as we do not want to end up living under an absolute government. Instead, we take some powers and give them to the states. This way, the national government controls some things, the state government controls some things, and some powers are shared between the national government and the state government. There are many powers designated specifically for the national government. These powers are known as expressed powers. One of the powers of the national government is to control the armed forces and their affairs as well as other dealings of foreign policy. The national government is also in charge of interstate commerce, or dealings between multiple states. The national government can coin, or print, money. It is important that this power belongs to the national government in order to maintain a consistent currency throughout the country....
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...Case Study: Velocity Cellular Case Study: Velocity Cellular Revenue Recognition in a Multiple-Element Arrangement Velocity Cellular Services is planning the rollout of a new prepaid phone service called Power Starterpack. Using the current, relevant accounting guidance, determine and support the appropriate method for recognizing revenue for this new product. Power Starterpack Details Velocity Cellular sells the Power Starterpack for $200. The Power Starterpack consists of two elements: a new activation card and a prepaid voucher for $50 worth of airtime. The new activation card allows the subscriber’s cellular phone to function and gives the subscriber additional features not available with the old activation card. Activation cards can be purchased separately from Velocity. Identical activation cards can be purchased from other vendors. The $50 prepaid airtime voucher must be used within 360 days or the remaining value is forfeited. If there is no activity for seven consecutive months, the subscriber’s account is closed and the phone number is deactivated. No refunds are given and the subscriber has no general rights of return for the Power Starterpack. Are the Deliverables Considered Separate Units of Accounting? Velocity Cellular adopted ASU 2009-13, “Revenue Arrangements with Multiple Deliverables” in the current fiscal year. The Update amends the criteria in Subtopic 605-25 for separating revenue in multiple-deliverable arrangements. The amendments...
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...Velocity Cellular: Trueblood Case 09-1 Case Study: Velocity Cellular Case Study: Velocity Cellular Revenue Recognition in a Multiple-Element Arrangement Velocity Cellular Services is planning the rollout of a new prepaid phone service called Power Starterpack. Using the current, relevant accounting guidance, determine and support the appropriate method for recognizing revenue for this new product. Power Starterpack Details Velocity Cellular sells the Power Starterpack for $200. The Power Starterpack consists of two elements: a new activation card and a prepaid voucher for $50 worth of airtime. The new activation card allows the subscriber’s cellular phone to function and gives the subscriber additional features not available with the old activation card. Activation cards can be purchased separately from Velocity. Identical activation cards can be purchased from other vendors. The $50 prepaid airtime voucher must be used within 360 days or the remaining value is forfeited. If there is no activity for seven consecutive months, the subscriber’s account is closed and the phone number is deactivated. No refunds are given and the subscriber has no general rights of return for the Power Starterpack. Are the Deliverables Considered Separate Units of Accounting? Velocity Cellular adopted ASU 2009-13, “Revenue Arrangements with Multiple Deliverables” in the current fiscal year. The Update amends the criteria in Subtopic 605-25 for separating revenue in multiple-deliverable...
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...One’s Ignorance is Another’s Power Power is something that everyone seeks. It plays a vital role in our society, as well as Winston’s society in 1984. Whether it is beneficial or malicious, it is something that one must acquire to lead and take control over followers. Some say that it comes in the form of money and riches, and others say that it is intangible. However, there is one form of power that proves to be the most effective and cruel; it is ignorance. George Orwell could not have said it any better in his book 1984. “Ignorance is strength,” Orwell wrote in 1984 (Orwell 4). As stated, ignorance provides power to the foul government in Winston’s society. No one is educated about the truth of the past or the rights they have as a human...
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...In Organizations, power is seen as tool that authority possesses to wield out instructions to their staff, ensure internal disputes are settled, fire staff if they are intolerable for various reasons and so forth. Therefore, one could deduce that those who possess leadership skills require a high level of responsibility amongst other attributes to be bestowed with power (varying amounts depending on what management level). Certainly, as mentioned in the first Spiderman movie (2002), ‘With Great Power comes Great Responsibility’ (Bolle & Vogel, 2011) This is certainly true in every organization that is successful. Leaders who responsibly use their power for the greater good of the organization tend to find success easier than those who don’t. For example, the most famous leaders of today, Steve Jobs (Apple), Bill Gates (Windows) and Sir Richard Branson (Virgin) are all visionaries and managed to responsibly use their power to make their companies amongst the most successful and revolutionary in the world. This essay aims to provide a detailed understanding into the various bases of power as mentioned by French & Raven (1958): -Reward, Coercive, Legitimate (Positional Powers)-, -Informational, Referent and Expert (Personal Powers) - (Lo & Ramayah, 2011). It also aims to provide an analysis of the use of power by managers within an organizational setting. Finally, this essay will describe managers’ utilization of the various bases and use different examples. This...
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...conveys fears of terrorists moving about at will with their threats and acts of violence on a defenseless people. There are some who might argue that a borderless world would be a cultureless world. That without distinct national, sovereign boundaries, our world would descend into a single homogenous corporate Amero-culture. My first response is, what does that say about the culture each of us helps create and define each day? Our great fear is that the culture we have created would be a plague on the world. If not completely unsettling, what that indicates about who we’ve become is at least a little tragic. However, maybe this is not how a borderless world would have to be. What if we could live in a safe and free world that did not cling desperately to culture in the face of overwhelming capitalistic domination? What if culture the world over thrived and blossomed—not in spite of a borderless world, but because of it? Could this really be so? Why do nations exist? Why did states come to be? Well, in a world before flight and worldwide transportation, resources had to be protected. In a finite world of limited resources, this was the single greatest reason for war. Someone else wanted what you had and the easiest way to get it was by force. National boundaries were established in an attempt to end the constant battle for resources. It was a pragmatic solution to the constant bloodshed that plagued the world. And it worked—at least some of the time. That was before international...
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...1 Identify the industry, product segments and value chain. Industry: PFL is a leading manufacturer in Australia's branded frozen food industry. Intention of expansion overseas: less than 1% export sales. Move to US market with Four'N Twenty products. Developed halal products in its Four'N Twenty range with intention of growing sales in Asia. product segments: Frozen savoury, Dessert, Fruit products customer segments: retailers (supermarkets), foodservice outlets (sporting venues or cafes), Petrol and Convenience Channel (Reliance BP sites) oversease markets: US market, Asia market Value chain: PFL doesn't sell directly to consumers. 2 What is the current life cycle position of the industry? (industry life cycle, and demonstrate why?) Maturity stage : The case mentioned that PFL has already achieved leadership in serveral markets. Besides, serveral other markets are very competitive. In addition, PFL is continuing to pursue conversion cost reduction, which is another character of maturity stage. So we conclude that this industry is in maturity stage. What are the key issues that will affect historical/future industry growth? What is their likely impact and the overall assessment of the industry’s future growth? (TEMPLES) Technology + The technology development, especially information systems and manufacuturing systems, will improve the efficiency and effectiveness of this industry by enabling economies of scale and scope. So the smaller compititors who doesn't have...
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...influence and are influenced by organization but are not its ‘internal part’ (business dictionary). The primary stakeholders are 300,000 British citizens and Icesave housing customers like David Pedrick and his wife, even though they just has a little interest in it,domestic creditors are also a part of external stakeholders. The secondary stakeholders are governments, the media, the pressure groups Liberty and the communities where organizations are nearby or located like Kaupthing Singer& Friendlander which is the subsidiary company. Moreover, the strongest stakeholder is the National Council for Voluntary Organizations. Because it controls many important things and makes more decisions. Part two The purpose of a power/interest matrix is that helps people analyse the relative power and interest of the stakeholders,and divide them into different groups on the base of the level of interest and power of...
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...Referent Power Information Expertise Expert Power Any individual person who has an expertise that is highly valued possesses expert power. Experts have power even though their status might be regarded as being low. An person may have expert knowledge about technical, administrative, or personal matters. The harder it becomes to replace an expert; the higher becomes the degree of expert power that they possess. Expert power is occasionally called information power and is frequently a personal trait of the individual. A personal assistant for example, who has lower status in the organisation may also possess a degree of high expert power because they have extensive knowledge of how the business operates such as knowing where everything is located or are able to deal with difficult situations. Lewicki et al. (1985:249) states that people and countries will act sensibly when they have used up all other available possibilities. In any negotiation situation, expert power is the most standard type of power that is applied. Expert power consists of the persuasive nature of the information itself. It pertains to the amassing of information and how it is presented and is used with the intent of changing of how a counter party views the issues. It is the contention of Lewicki et al. (1985:251) that expert power is a unique kind of information power. Information power can be applied by any individual who has studied and prepared their position prior to the start of a negotiation...
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...see opportunity on the horizon and have a clear path for capitalizing on it. To do so, we are moving faster than ever before, employing more technology and concentrating our resources on those elements most important to our core customers." Vision Statement: "Our vision is to operate Macy's and Bloomingdale's as dynamic national brands while focusing on the customer offering in each store location." Values: Above & Beyond Going ‘Above & Beyond’ amplifies our dedication to superior service for all our internal and external customers. It is a clarion call for us to constantly create and innovate so that we can consistently add value to our products and services. We constantly challenge ourselves to remain relevant to the changing time and needs of our loyal customers, friends and colleagues. Enabling Lives We believe everyone has the ability to live up to their highest potential. Through empowerment, we raise the living standard of our employees, customers and the community by providing them with the right service and environment to flourish. We are in the business of enabling people to better themselves. Power of Attitude We believe in the power of attitude in determining how far we go in life. We believe in making a difference with the right attitude. We believe the right attitude will enhance our work and service relationships as well as improve the outcome of any task or project that we undertake. We know that the right attitude will engender a productive and...
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...INTRODUCTION Luthans (1995) stated that organizational behaviour is about the study of human’s behaviour in an organization which included the understanding, prediction and control of human behaviour. In any organization, individual members made up the whole organization structure. So, individual is the most important element that influences the organizational behaviour. No matter individual acting alone or in the group, how they behave may affect the whole organization. Therefore, it is important for a manager to understand the behaviour of individuals, groups and patterns of structure within an organization in order to enhance organizational effectiveness. INDIVUDUAL CHARACTERICTICS IN AN ORGANIZATION Individual Differences Iindividual differences are the basis of diversity in an organization which forms different individual behaviour. It can forms creativity and satisfaction at work but can also be the root of conflict and frustration. Manager has the responsibility to understand different individual characteristics in order to determine whether he or she matches the requirement of the organization as well as for the purpose of rewards and punishments towards their performance. First of all, Individual can be differs in the form of personality, ability and intelligence. Other than that, some biographical characteristics also form individual differences. These different attributes and characteristics shape one’s values and performance in an organization. Biographical...
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...A review on Power Bases application to Sri Lanka’s context Introduction This paper is based on Organizational Behaviour module and the topic considered for the paper is a review on Power, Politics, and Influence application to Sri Lanka’s current issues by Shamindra Hettiarachchi. The initial chapter of the paper discusses, what is all about Power, Politics, and Influence, the reasons why power required and the power dependency module. Then the other chapter briefly describe power typology, such as Power as decision making, by Steven Lukes,1974, Power as knowledge, by Michel Foucault, 1980, Powershift, by Alvin Toffler, 1990 and the Power bases, by Raven, 2008. Out of all the power typologies Bertram Raven (2008) power bases are discussed in detail with their current issues to Sri Lankan’s context. They are, Legitimate Power, which is the power a person receives as a result of his or her position in the formal hierarchy of an organization, Reward Power, which is compliance achieved based on the ability to distribute rewards that others view as valuable, Coercive Power, which is the power base that is depend on fear, Expert Power, which is influence based on special skills or knowledge, Referent Power, which is influence based on possession by an individual of desirable resources or personal traits, Informational Power, which is influence based on the information an individual control. Each power base is described briefly and discussed in detail to the...
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...Journal of Social Issues, Vol. 49, No. 4 , 1993. pp. 227-251 The Bases of Power: Origins and Recent Developments Bertram H. Raven University of California, Los Angeles The history and background of the analysis of the basis of power is examined, beginning with its origins in the works of Kurt Lewin and his followers at the Research Center for Group Dynamics, particularly the early research by John R. P. French. The original French and Raven (1959) bases of power model posited six bases of power: reward, coercion, legitimate, expert, referent, and informational (or persuasion; Raven, 1965). Since then, as the result of considerable research, the model has gone through signiJicant developments. A more comprehensive model is presented here that reviews the following: various motivations of the influencing agent; an assessment of available power bases in terms of potential effectiveness, time perspective, personal preferences, values and norms; consideration of other strategies such as manipulation; utilization of various preparatory and stage-setting devices to strengthen olte’s power resources; implementation of the power strategies; assessment of effectiveness of influence attempt and its positive andl or negative aftereffects; use of various ameliorative devices; and review, reconsideration, and another round of influence strategies. The overall model is examined in terms of its applicability to various settings including hospital infection control, patient compliance...
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...agenda. China wants to be rich and thus powerful. It certainly follows a clear-cut strategy already in place for over 30 years. This helps increase its prestige and power. Its performance in the field of “new” international agenda items (direct human, environment, etc.) lags behind its economic might. China will continue to be the manufacturing plant of the industrial world for many years. Investment in China will be driven primarily by the creation of local infrastructure focused on trade for export markets, whilst Chinese capital markets will still remain inchoate for many years. India wants to be powerful and hence enjoy global prestige. Its competitive edge resides in low labor costs (wages) in certain sectors (textiles, outsourcing, information technology). It has no coherent project of prosperity. Investment will continue to flow from companies wishing to reduce their labor and other production costs by “offshoring” their plant, call-center or web-center operations. Investment will be strong in areas of value-added products, such as chemicals, software and other IT-related industries, but on an insufficient scale to make it boom across all socioeconomic structures. Moreover, capital markets will remain incipient when compared to international counterparts. Russia wants power, prosperity and prestige, but it is uncertain on how to get it. Sometimes it talks and behaves as a superpower. The population of scientists is immense. The Europeanization...
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...The Power of Knowledge Knowledge can be approached in different ways and numerous interpretations are considered. Knowledge can be stimulated through humility or ignorance. I have selected three separate texts that illustrate the connection human aspirations and knowledge has in common and the impact hierarchy rankings have on one’s insight. The literary analysis essay interprets and defines the term “knowledge”. The meaning focuses around learning, instruction, insight, philosophy, and proficiency. The texts that will be used throughout the essay as sources are: Beowulf translated by Michael Swanton, The Wife of Bath’s Tale and the author is Geoffrey Chaucer, and The Tempest which is a product of William Shakespeare. Characters from the chosen texts demonstrate their perception of knowledge and wisdom based on the significance of superficial existence. People’s assumed power and privilege promote certain actions they could partake in when trying to fulfill personal desires. Acts of knowledge can be either appropriate or inappropriate gestures. It is difficult to distinguish right from wrong deeds the overall circumstances has to be examined and the answer lies in the outcome of the decision when wisdom was applied. There is good and evil in everyone, selfless or self-centered choices formulate one’s character and the observed perception others have. The texts educate the reader that karma usually constructs challenges or rewards depending on if your knowledge was practiced...
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