...Some people think that raising the minimum wage to $15.00 per hour is a good thing. They think that it will make the economy stronger and that those that got to take advantage of the wage increase, will benefit. If they raise the minimum wage to $15.00 per hour , are they also going to raise the wage of people to fought to make that much? People should be more concerned raising the wage of the teachers that are responsible for the education and growth of our children. Or perhaps the wage of the medics and first responders should be raised, as they are supposed to arrive in an timely matter in response to o emergency. What ever the case, fast food restaurants are considered entry level employment. One is not required to have any experience or special skills, just the ability to follow directions, administer good customer service and have good time management. This paper will discuss the reasons why raising the minimum wage for a fast food worker to $15.00 per hour is a negative thing. Fast food workers should receive an increase in wage, but not $15.00 per hour. If the wage increases to $15.00 per hour this may cause a negative effect on unemployment for low-skilled and teenage workers, an increase in debit, and a change in job qualifications. According to Senate Republican Party Committee (2013) “Raising the minimum wage could hurt opportunities for teens to land their first job -- and with it the chance to learn valuable life and work skills that cannot be taught in the classroom...
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...Week 4 Team Reflection Dana Sweet, Daniel Marquez, Diana Bak, Donna Eastwood, and Kimberly Dillman July 28, 2013 ECO/372 Kevin Mc Kinley Week 4 Team Reflection Already we are into week four of our class in macroeconomics. This week held some insights for us all. We learned about assets, deficits, surplus, and debts. We also learned about fiscal policy and the problems involved with it. We all enjoyed the discussion questions. Everyone had their own beliefs about the system and how to change the OPEC oligopoly. It was all very interesting. Kimberly states in week four the material covers deficits, surplus, debt, and assets. First the material defines deficits and surplus that was easy to comprehend and extremely enlightening. As a former college student majoring in business the terms should be comprehendible but was surprising to learn the true meaning of both deficits and surplus. Deficits and surplus are both dealing with money, first the chapter 17 defines deficits as a shortfall in revenues under payments, explaining that surplus was the opposite, and this was easily understood. After further detail about deficits and surplus the chapter later introduces the definition of debt and assets is common knowledge. The material goes on to explain the difference between individual and government debt. The material concludes the chapter by explaining the burden of the US government deficits or debt. Kimberly also believed that in chapter...
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...learning team assignments were posted, each member of the team quickly began to communicate with each other and the ideas on effective strategies began to flow. We used the forum to gather our ideas as to the best way to communicate and share our ideas, and we all felt using the forum for all of the team communication would be the most effective way to keep everyone informed and accountable for the team projects. There was a mention of swapping phone numbers, but that has never had to happen. Living in different areas of the country and in different times zones would make any real time communication difficult, if not impossible for the team. Right from the start, we appointed leaders for each of the 4 weeks and began dividing up the work so that everyone would be participating equally. Different threads were created for different topics so that we would know exactly where the information we were looking for or needed to post belonged. Everyone has been very cooperative and attentive to the team and we have all been doing an equal share of the assignments. The team leaders for each week have been posting the required work for the week on the forum and the work is divided and assigned to each team member. The leaders also post their expectations of the team for that week and the deadlines for when they expect the work. Once the team leader has put together the final paper they have been posting it final on the forum for the rest of the team to review. All team members...
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...Week 4 Reflection MKT/421 Week Four Reflection Once again, Team C has had another week full of different information, which is critical to each persons’ major. In order to ensure that each member understood important parts of week four, each member chose an objective and wrote about it. Objectives which were discussed among team members of Team C include the channel of distribution, push and pull strategies, and direct and indirect distribution strategies. Channels of Distribution Channels of distribution are any series of firms or individuals who participate in the flow of products form producer to final user or consumer (Perreault, Cannon, & McCarthy, 2011, p. 284). The flow of products between the firm, intermediaries, and consumers is a large part of the overall profit margin of a firm that requires marketing teams to dedicate substantial time and planning towards choosing the appropriate channels. Distribution channels are a firms way in which they can get products to from manufacture to intermediaries and consumers in a direct or indirect manner that revolve around the Place within the marketing mix. Direct and Indirect Distribution The direct method of distribution channels involves going directly to the consumer. Firms bypass the intermediary (wholesaler) and issue the product to the consumer at the wholesaler’s price. This method is most often used for new...
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...Week 4 Learning Team Reflection Anitra Stephens, April Bates, Calvin Beidleman, Nikki Torres, Raymond Wentler, Sean Lechman, Russell Wall FIN/571 April 13, 2015 Gurpreet Atwal Week 4 Learning Team Reflection Introduction Stock valuation is needed to ensuring the value of an organization’s stock and worth in the industry. There are various measuring methods that organizations can use to determining and establishing the value. Some of the methods and the reason for valuation have been identified below. Stock types and bonds: The stock valuation video covered the different types of stocks and well as bonds. There are common stocks and preferred stocks. Preferred stocks are considered to be a hybrid between a common stock and a bond. This form of stock will have no maturity and can be sometimes redeemable. A common stock is when an individual purchases a share of an organization and they own that share until they want to sell their share for the market value. A debt or a bond is another form of investment that private investors can use. A bond is a contract which has a set time period, as well as set cash flows. Once the bond is matured then the investor will receive their set return amount, although investors who have bonds will receive their return on investment before the stockholders. Assumptions and Indexes: Assumptions made on the valuation of a stock or company’s value in the future are crucial when determining the future value of a company based on its revenues. Many...
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...Learning Team Reflection Week 4 How does the development of a contract administration plan affect a company’s business? A contract administration plan is critical to the success of a company that relies on complex contracts to conduct operations. A contract by definition is a binding agreement between two or more parties. The parties may be individuals, business entities, or a governmental entity. Before a contract is drawn up negotiations occur where one party offers a product or service under precise terms for a set fee. Most contracts cover a specific time frame. The bigger and more complex the product or service, the more a contract administration plan is necessary. The plan keeps detailed notes on milestones, deadlines, and the submission of any deliverables. The ultimate goal of a contract administration plan is to provide company’s involved in the contact agreements with maximum profit with minimal risk. The development of a contract administration plan affects a company’s business because it helps companies manage projects, original documents, costs, deadlines, and spending. Proper contract management “saves time and money when change orders are requested or claims or prepared.” (Cross,2012). The information found regarding preparing a contract administration plan, states that the company has the ability to focus on the major contract outputs and best practices. It is the road map to ensure that the company receives all that is stated in the contract from the outside...
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...1 Week 4 Learning Team Exercises Rashonna Web and Crystal McQueen ACC/543 Sandria Stephenson December 7, 2014 2 26.1)Mechanic's Lien. Ironwood Exploration, Inc. (Ironwood) owned a lease on oil and gas property located in Duchesne County, Utah. Ironwood contracted to have Lantz Drilling and Exploration Company, Inc. (Lantz), drill an oil well on the property. Therafter, Lantz rented equipment from Graco Fishing and Rental Tools, Inc. (Graco), for use in drilling the well. Graco billed Lantz for these rentals, but Lantz did not pay. Graco filed a notice of mechanic's lien on the well in the amount of $19,766. Ironwood, which had paid Lantz, refused to pay Graco. Graco sued to forclose on its mechanic's lien. Who wins? Graco Fising and Rental Tools, Inc. v. Ironwood Exploration, Inc., P.2d 1074, 98 Utah Adv. Rep. 28. Web 1998 Utal Lexis 125 (Supreme Court of Utah) 26.2)Foreclosure Atlantic Ocean Kampgrounds, Inc. (Atlantic) borrowed $60,000 from Camden National Bank (Camden National) and executed a note and mortgage on property located in Camden, Maine, securing that amount. Maine permits strict foreclosure. Atlantic defaulted on the loan, and Camden commenced strict foreclosure proceedings pursuant to state law. After the one-year period of redemption, Camden National sold the property to a third party in an amount in excess of the mortgage and costs of the foreclosure proceeding. Atlantic sued to recover the surplus from Camden National. Who wins...
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...Week 4 Learning Team Reflection Faruque Ahamed, Siead Hasan, Ralph Kitson, and Sangeeta Walia-Chopra FIN/571 February 10, 2014 Beatrice Jones In Groton, Connecticut stands one of the largest industrial drug complexes on earth. The structure is 2.8 million square feet and it rests on a place of land that is approximately 160 acres of land. The site was designed to offer the best to drug researchers including flexible office space with mobile accommodations. Such a space offers 250,000 square feet of dedicated facilities that are designed to maximize drug research for profit (Pfizer, 2014). The building even saves money by being self-sustaining with electric car charging stations, micro-turbines and photo-voltaic cells. Research at the Groton facility is devoted to comparative medicine, drug safety, clinical trials, pharmaceuticals, medicinal chemistry, pharmacokinetics and medical dynamics. This entire profile is committedto a company that is unafraid to spend money to make billions in profits. Pfizer is the largest research based drug company in the world with 65 billion dollars in revenue (Pfizer, 2014). Pfizer invests heavily in developing their unique signature pharmaceutical products. For Pfizer a successful drug product has four phases. Phase one is approximately 100 million dollars of investment. Testing is done in labs for several years, from there it is then tested on a small sample population of healthy humans to determine its viability. If successful...
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...Organizational Performance Management Paper and Table Jessica Hare, Michael Jackson, Molly Sacco, and Natalie Shell HCA451 May 19, 2014 Lisa Kehlenbrink Organizational Performance Management Paper and Table Each organization provides a different type of services for consumers. Health Maintenance Organization, Emergency Medical Services and Cox Health systems work to provide health coverage for consumers and quality care for each consumer. HMO is a type of health care plan that consumers can chose for health coverage. Emergency Medical Services collaborates with teams to advance EMS systems. Cox Health systems provides a variety of services through their facilities. Cox health, like EMS, provides emergency treatment to patients. They also utilize the EMS for emergency patient transfers and admissions. Cox health also has to deal with HMOs and PPOs on a daily basis when treating patients and billing insurance companies. Cox Health is a good example of the other three organizations combined to provide excellence service to the consumers. The similarities and differences of HMOs and PPOs is first they are both networks. However, HMO allows one to choose a health care provider within the HMO network much like PPO. But, with PPO one can choose a primary care physician out of network as well. This is not so with HMO, one has to choose their PCP or Primary Care Physician within network. Another difference is one must have a referral from HMO to see a specialist but PPO a referral...
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...University of Phoenix Material Business Entity Matrix Format Business Entity | Issue | | Characteristics | Formation | Liability | Taxation | Global Implications | Sole Proprietorship | One-person entity where debts and liabilities of the business are also personal debts and liabilities of the principal. Simplest form of business organization | No paperwork is required unless local licensing requirements-form to be filed if business name does not contain owner’s name | The owner is fully liable for all debts of the business and personal assets are subject to the claims of business creditors | Not subject to corporate income tax and no tax return is filed on behalf of business. The reports of business income or business loss is based on individual tax rate | The internet has provided more opportunities for even sole proprietors to go global- Collecting money owed can be challenging through laws and regulatory agencies as they differ between countries | Partnership | | | | | | Limited Partnership | | | | | | Corporation | A fictitious legal entity that exists as an independent “person” separate from its principles. A corporation can be privately or publicly held. | A corporation probably has the most formal filing and reporting requirements. In order to form a corporation you have go through state law filing, and formation is governed through state statutes. | Limited liability because the owner of the corporation, stockholders, is not liable for its...
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...Labor Relations Team D MGT/434 February 14, 2016 Charles Burr Labor Relations Into Happy Trails, LLS is a for-profit, medium-sized independent living home that is in need of a few measures to become more attractive for patients. Despite other independent living having the same care as Happy Trails, they are actually the most convenient independent living home facility near the city due to traffic and road congestion. Happy Trails will now need to build on to their long term care and to do this they will have to undergo some budget cuts. They have since reduced the overtime of their staff and have let go of their registered nurses. When the registered nurses left Happy Trails, they were replaced by Licensed Practical Nurses who don't get paid as much and get fewer benefits. These nurses are now thinking of joining a union that is also representing other independent living homes in the city. As members of a consulting firm, the LPN's and Happy Trails are now asking for advice. The Licensed Practical Nurses (LPNs) at Happy Trails, LLC seem a little uncomfortable with them doing the same job in the suburbs as all the other companies, from the same industry, located within the city, yet Happy Trail’s LPNs receive less pay, and less benefits. It is not recommended for Happy Trails’ employees to unionize, because it is a company that because of the demographical location that it currently is in, cannot afford to pay, or compensate, more to the employees...
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...Caledonia Products Andrew Sisco, Michael Ponce, Vincent Clark, Donald Burrell FIN/370 March 25, 2013 Jim Triplett Caledonia Products Free Cash Flows or Accounting Profits Earned Caledonia is currently in the position of investigating a new product as well as the evaluation of several mutually exclusive projects. The project free cash flows are more important to focus on than mere accounting profits in this analysis process. The reason for this is that the cash flows show more of what is involved in relation to costs as well as profits. There will be significant costs in operating expenses as well as taxes and initial investments in equipment that should be considered in addition to the accounting profits generated from sales. When comparing this particular investment possibility to other projects the incremental cash flows below should provide a yearly projection of cash flows to compare against the other potential projects. Incremental Cash Flows – Year 1 to 5 |Project Revenue | |21 million |36 million |42 million |24 million |15.6 million | |($) | | | | | | | |Cost of Goods Sold| |12.6 million |21.6 million |25.2 million |14.4 million |10.8 million | |($) | | | | | ...
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...in Groups and Teams 2015 Working in Groups and Teams Upon completing the self-assessment “Evaluate Team Members Effectiveness”, the results were as I expected and allow me to see where improvement of my team member effectiveness is needed. Though I am not bragging, I do have many strengths when it comes to working in a team, however, those strengths have been developed over many years of working in a team environment, and there are a few places that need improvement still. Although” social loafing” is not something I believe I have ever been guilty of, though that could be my perception of my actions, but I have always been one to push to meet the goals set in front of the team. This also allows us to put our best foot forward so to speak and allows us to work effectively in team environments, either on the job or in class. Team development in the work environment can give clear advantages to workers, especially if they are effective team members. Self-Assessment The completing of the “Evaluate Team Members Effectiveness” self-assessment yielded results that were not surprising to me. It is important to me to contribute as much as possible to my teams’ efforts to complete a job or assignment. In order to do this there has to be quality interaction with my teammates and that interaction must be quality interaction to help with the assignment and keep us on track. Seeing the results of the self-assessment did make me realize that I need to trust my teams’ abilities more...
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...ACC 363 WEEK 4 LEARNING TEAM To purchase this visit here: http://www.nerdypupil.com/product/acc-363-week-4-learning-team/ Contact us at: nerdypupil@gmail.com ACC 363 WEEK 4 LEARNING TEAM Your team has been hired as consultants for a start-up business venture. As part of your analysis of the new business venture, prepare a 1,050- to 1,750-word proposal to the CEO in which you discuss: The different forms of business organizations that may be selected as the basis for the business The characteristics of a corporation The different types of stocks and corresponding characteristics, which a corporation may issue The advantages and disadvantages to the corporate form of doing business Cite the source or sources of the data you used to calculate your ratios and the horizontal and vertical analysis in your paper. If you used an electronic source, include the URL. If you used a printed source, please attach a copy of the data to your paper. Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 363 Week 4 Learning Team in order to ace their studies. ACC 363 WEEK 4 LEARNING TEAM To purchase this visit here: http://www.nerdypupil.com/product/acc-363-week-4-learning-team/ Contact us at: nerdypupil@gmail.com ACC 363 WEEK 4 LEARNING TEAM Your team has been hired as consultants for a start-up business venture. As part of your analysis of the new business venture, prepare a 1,050- to 1,750-word proposal to the CEO in which you discuss: ...
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...Learning Team B Summary/Reflection University of Phoenix Finance For Business FIN/370 XXX XXXXX Learning Team B Summary/Reflection Introduction In week four we covered various topics such as Capital structure, market capitalization, the effects of financing strategies on capital cost, and discussed differences of leasing vs. buying and how the there are requirements that financial companies are incompliance. We were also asked to calculate favorable and unfavorable financial leverage and interest. XXXX In week four of FIN/370, I learned many things related to financing and capital budgeting structure. We talked SOX and the requirements that the SEC sets forth for organizations to ensure financial compliance. This was a topic that I had quite a bit if firsthand knowledge with because when out SOX was first introduced our organization took it seriously and each employee of the company from the top down was responsible to attend the training and would be held accountable for their actions at every level of the organization. We also had good discuss about lease versus purchase and which option is better for individuals. It was interesting to see the different outlooks and opinions that other people had relating to whether they preferred leasing or purchasing. We had our week four calculation problems again which I struggled with several of them this week but not quite as many as the week before. I have watched the videos and utilized other sources to answer the financial...
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