...in it, or lend money to it. This information is accumulated in accounting records with accounting transactions, which are recorded either through such standardized business transactions as customer invoicing or supplier invoices, or through more specialized transactions * Two external users: + Investor + Creditor * Two internal users: + Management + Owner b)Tuan Anh, one of the most excellent students in Mr Danny Nguyen’s Financial Accounting class has said to his classmates ‘I think that, according to Generally Accepted Accounting Principles, a proprietorship (such as a local family restaurant) has unlimited liability whereas a corporation (such as Microsoft) has limited liability.’ Explain in details the main difference between “unlimited liability” and “limited liability” which were mentioned in the statement of Tuan Anh. Answer: * Unlimited liability: All personal assets could be on the line to satisfy any debts of the company. For example, if your business can't repay its loans or gets sued and found liable, you're on the hook if your company's assets aren't enough to cover the debt or damages. That means your personal bank accounts, investments, car or even your home could be taken. * Limited liability: Limited liability, on the other hand, restrict the owner's liability (such as Microsoft) for the debts and liabilities of the company to whatever has already been invested For example, if you put $10,000 into a limited liability entity...
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...Project Management Plan for Ducks Unlimited Introduction Ducks Unlimited(DU) has become a leader in habitat preservation and has conserved more than 12.6 million acres (46,900 km²) of waterfowl habitat in North America. DU partners with a wide range of corporations, governments, other non-governmental organizations, landowners, and private citizens to restore and manage areas that have been damaged and to prevent further degradation of existing wetlands. DU is also active in working with others to recommend government policies that will positively influence wetlands and the environment. DU generates $200M in revenues each year, 87% of which goes directly towards habitat conservation. Their sources of revenue include Federal and State habitat reimbursements (32%), conservation easements (27%), sponsors and members (25%), major gifts and donations (11%) and royalties/advertisement (5%). By its efforts DU attempts to benefit biodiversity, water quality, the environment, and the economy in the areas in which it is active.Ducks Unlimited, in keeping with its founder's intentions, also promotes the continuation of safe and regulated waterfowl hunting. The majority of DU's financial contributors and members are waterfowl hunters, and over 90% of those who read DU's magazine are hunters. The DU magazine contains many historical and practical articles on waterfowl hunting, and it obtains revenue from advertisements of waterfowling equipment such as shotguns, ammunition, decoys, and...
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...It is an official document governing the running of a company that is placed with the Registrar of Companies. The articles of association constitute a contract between the company and its members, set out the voting rights of stockholders and the conduct of stockholders' and directors' meetings, and detail the powers of management of the company. A memorandum of association is a related document. The Articles of Association contain, as per the law requires, provisions on the company name, address and domicile, the purpose of the company, the amount of share capital and the contributions made thereto, the number, the par value and the type of shares, the calling of a general meeting of shareholders and the voting rights of them, the bodies for the administration and the audit, and the form in which the company shall publish notices. The Articles of Association (AA) contain the rules and regulations of the internal management of the company. The AA is nothing but a contract between the company and its members and also between the members themselves that they shall abide by the rules and regulations of internal management of the company specified in the AA. It specifies the rights and duties of the members and directors. Articles of association are simply the basic internal rules of operation for a business or non-profit organization that govern what tasks need to be done, what positions are required to perform the necessary functions, and how the processes in place are to be performed...
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...Established in 1937, Ducks unlimited, Inc. (DU) has conserved nearly 13 million acres thanks to contributions from more than a million supporters across the continent. Guided by science and dedicated to program efficiency, DU works toward the vision of wetlands sufficient to fill the skies with waterfowl today, tomorrow and forever. Ducks Unlimited is the world’s largest non-profit organization dedicated to conserving North America’s waterfowl habitat. The core values and guiding principles of DU are: • Waterfowl and Wetlands: We conserve North America’s waterfowl and wetlands. • Ethics: We act to uphold the reputation of DU, treating people and wildlife with respect. • Science-Based Decision: We are committed to science to ensure our programs are sound, efficient and credible. • Team DU: We work together as volunteers and staff. • Waterfowling: We value and enjoy the sport and heritage of hunting. • Collaboration, Not Confrontation: We partner with those who share common goals and values. • Wise Investments: Our goal is to commit over 80 percent of our resources to our science-base conservation mission. • Passion & Commitment: We celebrate the culture of DU as we serve our members. The focus on DU has remained constant since it was formed by a small group of U.S. waterfowl hunters in 1937. That focus, often referred to as a “Singleness of Purpose,” is built upon the understanding that sustainability of waterfowl is determined by success in conserving sufficient habitat...
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...List of superheros Batman Superman Wonder Woman Martian Manhunter Flash Hawk Girl Green Lautern (John) Auagman Green Arrow Green Lautren (Hal) Steel Supergirl Black canary Huntress Booster Gold Batwomen Katana Zatara Zantana Mr. Terrific Night Owl Owlwomen Power Girl Pantha Plastic Man The Question Red Arrow Stargirl Shining Knight S.T.R.I.P.E Wildcat Metamorpho Misfit Elongated Man Green Lautren (Guy) Black Flash Captian Atom Atom Red Tornado Icon Shazam Hawk Man Dr.Fate Dr. Light Ice Orion Fire Vixen Vide Mister Miracle Lightray Animal Man Maxima Amazing Man Mary Marvel Dove Hawk Atom Smasher Azket Big Barda Blue Devil D’wana Beast Creeper Citizen Steel Crimson Fox Dr. Mid-Nite Demon Kai-Ro Jonah Hex Johnny Thunder Machiste Micron (A.K.A. Atom) Future Mr. Miracle Ray Palmer(Atom) Rocket Red Sandy Hawkins Static Tara Terry McGinnis Thunder Bolt Vigilante Warhawk Waverider Zeta Deadman Aquagirl El Diablo Green(Kyle) Bat-Lash Spy Smasher Oberon Etrigan (Jason Blood) Warlord Sand Pow Wow Smith Bouncing Boy Brainic 5 Phantom Girl Metron King faraday Hourman Nemesis Aqugirl Green (Kilowog) Green (Arisia Rrad) Green (Katma Tul) Long Shadow (Side Kicks) Beasty Boy Cybrog Starfire Batgirl Nightwing Robin (Tim) Robin (Dick) Wonder Girl Lagoon Blue beetle Bumble Bee Miss Martian Kid Flash Super Boy Artimis Speedy Aqualad Aguagirl Mal Duncan Rocket Lieuntenant...
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...The PEST Analysis It is important that an organization considers its environment before beginning the marketing process. In fact, environmental analysis should be continuous and feed all aspects of planning. The organization’s marketing environment is made up of: 1. The internal environment e.g. staff (or internal customers), office technology, wages and finance, etc. 2. The micro-environment e.g. our external customers, agents and distributors, suppliers, our competitors, etc. 3. The macro-environment e.g. Political (and legal) forces, Economic forces, Sociocultural forces, and Technological forces. These are known as PEST factors. PEST Political Factors The political arena has a huge influence upon the regulation of businesses, and the spending power of consumers and other businesses. You must consider issues such as: * How stable is the political environment? * Will government policy influence laws that regulate or tax your business? * What is the government’s position on marketing ethics? * What is the government’s policy on the economy? * Does the government have a view on culture and religion? * Is the government involved in trading agreements such as EU, NAFTA, ASEAN, or others? * Political stability * Risk of military invasion * Legal framework for contract enforcement * Intellectual property protection * Trade regulations & tariffs * Favored trading partners * Anti-trust laws * Pricing regulations * Taxation...
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...Our social depends on technology Within the last century, the world has witnessed phenomenal technological evolution. Now seemingly account methods of communication such as telegraphs and messages in a bottle have grown and developed into compact, portable and multifaceted devices. Gateways have been opened for people to have accrues to instant, unlimited communication with one another by way of computer, cell phone, or tablet. Although the concept of instant interaction is profound and extraordinarily convenient for many, therein lies a plethora of risks associated with using this equipment. Clinical studies have been conducted reveling the negative impact on individuals and families through misuse and dependency on these computerized gadgets. Modern technological devices create harmful social isolation by the of distraction, disruption, and selfishness. Strict limitations need to be forced on usage of cell phones, tablets and computer devices, since these are prime contributors to the divisions amongst families and from detrimental social separations amongst various populations. Depression, and stress are divisible by their specific subjective and objective traits; nonetheless, they are interwind by the effect on the mental health of many people. Whether or not these are directly attributed to overuse of technological devices has been a long debatable issues. Evidence does indicate, however, that social interactions are negatively impacted by overuse of computers; emotional...
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...Technology and “The Veldt” Technology connects everyone in just a matter of seconds. Likewise, technology can be used to help the world live life in a more convenient way. Although having technology made for the greater good can be very helpful, it’s easy to forget about the potential disservice it brings. The new innovations in the past years have given humanity fast, reliable information and convenient lifestyles, but can also cause isolation, distraction, and depression. The short story “The Veldt” by Ray Bradbury is an excellent example of how technology today and in the future can evolve into something astounding and breathtaking. The technology described in “The Veldt” seemed to give the Hadleys a lifestyle of minimum work. The house...
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...Human life used to be simple and natural but technology has become an essential part of our live in this day and age. Technology gives people a bigger, better and brighter future because it makes tasks easier, quicker and more efficient. With technological machines people are getting help in different sectors, such as transportation, information searching and communication. Firstly, transportation is being convenient; people can go to anywhere they want in a short time by cars, planes and superfast trains. In the past, Japanese used horses to draw a cart to transport people on land. However, railways are all over Japan now and they connect towns along the coast or in the mountains and big cities. Technology has successfully reduced distance between cities and countries. Secondly, computers and the Internet are providing information in the simplest way. Without going to book shops, libraries or wasting time to check dictionaries and to ask somebody, any kind of information on any topic under the sun is available on the Internet. The searching engines like Google, Yahoo are at people’s service on the Internet. They are ready for giving people professional help in any time and any place. Thirdly, the communication technology has been changing to match people’s needs. Smoke, pigeons and letters were replaced with fax and email but today, telephones, mobiles, text messages, email, Internet chat programs are commonly used to communicate and to work. Social networking has...
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...direct result of technology. We are constantly reminded of the technological advances when attempting to complete the simplest of everyday tasks, viewing entertainment, and all other various forms of entertainment. Nearly everything we do on a daily basis requires some form of technology; cell phones, emailing, vehicles, computers, even schools are all the result of technological advancements that would not have been possible without the significant strides that have been taken in both the business and scientific worlds’. Understanding that technology carries such significance in our lives, can we fathom even just one day without any form of technology? For any business, technology impacts internal and external users alike; companies should take heed to view any new technology they want to implement from all aspects. The company should conduct research to ensure any technological changes will ultimately benefit their customers, employees, and potential customers. One of the most important things to do as a business owner is to ensure that all updated technology is done so in such a way that is conducive to new and repeat business; by maintaining customer awareness, this will aid in the IT team developing the most beneficial technological advances while also discovering new ideas for improvement. * A business should introduce a new product to customers using technology. Technology gives individuals the ability to gain experience or knowledge from an unlimited amount of resources...
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...unintended effects. They are perpetuated by the structure of technological development and the underlying assumptions within the world view that brought forth those benefits. Causal layered analysis is a futures research tool that enables the creation of transformative spaces in which we can envisage alternative and preferred futures. It focuses on the deeper dimensions, questioning our assumptions and exposing the contradictions and our prejudices. It is applied here to the introduction of genetic engineering in agriculture in New Zealand as a means to illustrate a role for science whereby the “disruption and chaos” may be minimised if not eliminated. II. The Beneficial Effects of Science and Technology There are nearly unlimited benefits from science and technology. Technology can make our lives easier through the use of medical supplies and other things, such as cellphones. You are reaping the benefits of computers right now by finding the answer to your question. Sciences such as seismology (the study of earthquakes) help us to know when an earthquake is coming and where would be a safe place to escape to. It can also help to build more earthquake-resistant buildings by studying how the waves move and how to counteract them to avoid destruction. There are literally millions more application, but these are just a few examples. Pretty much anything man-made or or any study could be an example. III. The Bad Products of...
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...Abstract: Impact of technology is both positive and negative. Logically thinking, technology has since been better in the communication process and done negligible harm. Development of technology has considerably improved our lifestyle. It has made its impact felt on each and every aspect of life, including communication technology. Invention of Alexander Graham Bell in 1875, the first inventor that impacted communication in humans to a massive extent. Impact of technolgy on the communication process, also comes as a mixed baggage. Daily routine of a person, the day begins with a “good morning” text and ends in a “good night” text. All done on a mobile application for smartphones. On the same application social networking sites are a world themselves, a Virtual World, to make the process quick and easy there are modes, like online chats, emails, teleconferencing, video conferencing, networking sites, etc. The greatest need for all human needs is, the need for communication. It is a daily use for us as humans to survive in this life. There is no way we can not go without communicating. In my eyes; “it is another way of sending messages”. In recent years, technology of communication has rapidly developed since the century of when, “pigoens delivered notes”, “horses sent mail deliveries to others”, a lot of things. It became advancement in telecommunications. It became a big impact to society to our generations and...
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...1. Should Elio joint venture with Bostrom? -anwser Malaysia 1-Yes, Elio Engineering should joint venture with Bostrom, which would give them market penetration into the US truck market , due to Bostrom already on a contract as a seat supplier for the heavy truck and bus industry. Bostrom also has 50% market share. As the 1999 market share projections are 500,000 units, and Elio Engineering would also get 2 to 5 percent in this joint venture. Without a partner like Bostrom Elio Engineering would most likely fail. The approach to the market indicates they are looking for a strong partner. If Elio Engineering entered the market alone they would fail due to the lack of resources.The core value of this company is wrapped around one patent. They do not have the means to fully protect and produce the product by themselves which could lead to a larger company buying them out -anwser thailand 2-No, Elio should not joint venture with Bostrom, because it will be a disadvantage. The market and competition is difficult because its original potential and market it doesn’t have the resources and capital will cause more financial risk and resulted in high costs may have to raise capital from various sources . If Elio as a new company enter the market may not have been popular because of credibility and reputation is known to take a product to market in the first period. -anwser thailand 3-No, Elio should not joint venture with Bostrom, because market access will be more difficult...
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...as the Internet. The Internet has provided mankind with luxuries such as; remote banking, distant learning for students, shopping for household goods and clothes, and countless other amenities. Therefore, just considering the technology of the Internet upon its own merits, the Internet demonstrates an evasive technology that is not only a luxury to some areas of industry it is an economic necessity. Also, considering the advent of social media vehicles such as; Facebook, Instagram, and Twitter, technology enables anyone to have the potential to access to platforms for sharing their opinions. When one has access to a platform opinions and comments are created that can be both powerful and scathing for the good or bad. In extreme instances, becoming more commonplace, options and comments expressed can turn into threating harassment. In turn, many are experiencing a continuous pattern of “digital harassment” called cyberbullying. Cyberbullying is determined to be a new cause of fear in our society, especially in younger generations and adolescents. The narrative of this paper will discuss cyberbullying, its negative influence through the use of modern technology, and the ethical/social implications of that negative influence. How the technology of the Internet and social media use by adolescents causes mental health issues through cyberbullying, a negative and evasive ethical and social implication of technological use. Cyberbullying The term cyberbullying has been...
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...Quotes for Science and Technology: Credits: http://www.physics.udel.edu/~watson/scen103/quotes.html The Good? 1. Any sufficiently advanced technology is indistinguishable from magic. ARTHUR C. CLARKE, The Lost Worlds of 2001. (Dutton) 2. Men are only so good as their technical developments allows them to be. GEORGE ORWELL, Inside the Whale and Other Essays, "Charles Dickens," 1940. (Columbia) 3. However far modern science and technics have fallen short of their inherent possibilities, they have taught mankind at least one lesson: Nothing is impossible. LEWIS MUMFORD, Technics and Civilization, 1934. (Columbia) 4. Science can amuse and fascinate us all, but it is engineering that changes the world. ISAAC ASIMOV, Isaac Asimov's Book of Science and Nature Quotations, 1988. (S&S) 5. For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled. RICHARD P. FEYNMAN, What Do You Care What Other People Think? (Dutton) Photo of Feynman lecturing, from PhotoNet, CalTech's archive. 6. There are, as we have seen, a number of different modes of technological innovation. Before the seventeenth century inventions (empirical or scientific) were diffused by imitation and adaption while improvement was established by the survival of the fittest. Now, technology has become a complex but consciously directed group of social activities involving a wide range of skills, exemplified by scientific research, managerial...
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