Business Essay Example | Topics and Well Written Essays - 750 words - 11

Business - Essay Example Abu Dhabi is keeping a silence ever since the report of the crisis has started. Some people think that Abu Dhabi may come for the rescue of Dubai while others have different opinions. Dubai might be escaped from the current crisis; but the damages caused by the current crisis have spoiled the image of Dubai and more time needed Dubai to regain the lost confidence of investors in Dubai ventures. The article concluded that it is difficult for Dubai to regain its lost face even if they were able to come out of the crisis. The article also concludes that Abu Dhabi has a major role in solving the Dubai crisis. The article beautifully explained the pros and cons of the current Dubai crisis. The article has ridiculed the existing Dubai governmental functioning. Moreover, it is indirectly blaming the foolish lending habits of some of the foreign financial institutions from Britain and Europe. The article was not sure about the Abu Dhabi’s tactics in the current Dubai crisis, even though it identifies Abu Dhabi as the probable savior of Dubai. FOR years, Dubai strove to capture the imagination of the financial world, projecting its young financial centre as a â€Å"global gateway† for capital. Last week it succeeded in grabbing attention. Its announcement that it would delay repayment of the debts of Dubai World, a vast government-owned conglomerate, swept through global markets like one of the blinding sandstorms that occasionally afflict the emirate, obscuring the gleam of its skyscrapers. Like those storms, Dubai’s announcement was so damaging because it reduced visibility. Investors had assumed that the Dubai government was willing to rescue the indebted conglomerates it sponsors, and that Abu Dhabi, its well-heeled neighbouring emirate, was willing, in turn, to rescue Dubai. In particular, they had looked forward to the full and timely repayment of a $3.5 billion Islamic bond issued by Nakheel, a Dubai World subsidiary, on December

Risk & Risk Managment in ERP Systems of Microsoft dynamics GP Essay

Risk & Risk Managment in ERP Systems of Microsoft dynamics GP - Essay Example The system is beneficial to an organization because it performs a wide range of activities (Sumner, 2000). However, application and implementation of the enterprise resource planning system face various risks in organizations. Therefore, proper management of risk is vital for effective use and implementation of the ERP management system. Risk management is essential for the identification of possible risks that may affect the ERP system, strategic planning for activities with few risks and efficient mitigation of risks. The risk management process comprises of several phases as highlighted by Aloini et al. (2007). These stages include context analysis, identification of possible risks, risk analysis, risk evaluation, treatment of risk and communication and consultancy. According to Sumner (2000), there are various predominant risk factors that face organizations during the implementation and execution of activities using the enterprise resource planning system. Major risk factors identified during implementation of the ERP system include skill mix, software system design, management strategy and structure, organizational fit, user training and involvement, social commitment, project management and technology planning. Findings from research carried out on risk factors present in ERP systems reveal that organizations face several risks. The first risk factor identified is failure to redesign effectively or restructure business processes to fit the ERP software. Project managers in the organization apply their experience to avoid customization. Failure to customize of restructuring various business processes in the organization results in a conflict between the ERP system and the company. Consequently, the project executed may collapse and fail to achieve its objective. Secondly, organizations face a risk factor of having insufficient reskilling and

The intersection between ethics and politics in ANIMAL RIGHTS about Essay

The intersection between ethics and politics in ANIMAL RIGHTS about Animal Genetic Testing - Essay Example Animal testing is one of the most ethically gray points in society. One can say that it can is a necessary evil as it is an important factor in keeping technology, as in medical technology. We need to know how certain chemicals can work in our body when dispensed, hence animal testing. In short, the development of drugs is one of the reasons why there is animal testing in the midst. However, we are also aware of the fact that animal testing is brutal as it is (most of the time) done without painkillers – meaning, the animals would suffer for the plight of the people, plight of the people that make them miserable and take their services for granted, as they are inferior – animals as they are called. There are about 20 million animals that are killed every year for experiments. 75% of the said figure are killed because of medical testing and that the rest of them are killed to try new products (as in animal testing). Ten percent of the 20 million figure are said to be und ergoing procedure without any pain killers. There are many people, especially the animal rights advocates, who oppose the use of animals in medicine and health services, that is true. They are imposing various government to give restrictions on companies and businesses that do not respect animal rights for research. However, this movement is also taking a call to stop as there are also a growing number of people who do not want to stop experimenting on the animals. This is due to the fact - or fear – that medical research and technology would stop growing at the rate that it is growing now. This means that the stoppage of the use of animals in research would curtail the growth of the knowledge and scientific progress. Pain is an intrinsic evil. Those people who argue that painful experimentation on animals should be avoided, or stopped (in a perfect world), say that, and anything (or anyone) that causes pain to another creature or animal is immoral. Using the words of Jeremy Bentham, one cannot say (or use the argument) that the animals â€Å"can’t talk, or reason† hence they can be used. The real question that should be asked is â€Å"do animals suffer?† The answer is yes. They do suffer because they feel pain. The scientist who conducts research the rat for some new formulation about a new drug knows that the rat feels pain because it needs to know how the human would react if it is subjected to the new drug – will the new drug cause pain to the patient or not? Every writhe and struggle of the anilam is recorded and then will be used to improve and design a new drug. Even the fact that the scientist will have to let the animal choose to what its setup is: to have electric shocks or to have hunger, is immoral. Although the data will be used and collected to know whether ulcers of some kind would be formed, the doctor still uses the animal to know how the human mind works as the rat and humans have the same neural responses. Basically, we are like rats. Pain is an intrinsic evil. It does not matter if it is experienced by a man, child or animal. If it is wrong to inflict pain on a human being, then it is wrong to inflict pain on an animal, or any creature for that matter. Another thing that should be

What role did colonial trade play in the development of London Essay

What role did colonial trade play in the development of London - Essay Example Britain is known to have colonized some of the world’s biggest economies and nations including America, Australia and most parts of Africa. Out of this, Britain gained total economic and political control over most countries who served as British colonies. By and large, these countries invested heavily into the entire development of Britain – particular London. This essay is thus dedicated to scrutinizing some of the major means by which London’s development was affected: positively and negatively by the colonial trade. How the early profits from the slave trade developed the industrial revolution It has remained common knowledge and taught throughout British schools that â€Å"during the 1800s the Industrial Revolution spread throughout Britain.† ... unskilled slaves were not on regular salary taken by unskilled British, they were also made to work overtime in most of the times that they were called to duty. The second way that the slaves were used by the industries is that they were given rapid training to take up ‘semi-skilled’ tasks. These semi-skilled tasks were not typically bookish but had to do with supervision over unskilled labourers. As discussed earlier, these slaves were not taking normal salary and as such saved the industries a lot of expenditure. Again, the slaves were made to work far beyond normal working hours and thus improved productivity. The improvement in productivity that was recorded in most industries saw London and Britain record major industrial growth. This eventually brought about what came to be known as industrial revolution, which was a major turning point in London’s development. East and West India Company, their business dealings and profits The East and West India Company w ere seen as the backbone of London’s development in the colonial days. Surprisingly, the company still plays very vital role in the economy of London and the world at large. As noted by The East India Company (2011), â€Å"without The Company our world would not be as it is today.† This is not a mere publicity talk when discussion is being made of companies, whose dealings and profits indeed were visible in the transformation of London’s economy and entire development. As a company that received the recognition of the Queen of England through the Royal Charter, much was expected from the company right from the unset. Hopefully and true to expectation, the company’s dealings and general business structure ensured that the company recorded major trade gains and initiations such as the establishment of

Short paper-Communication Skills in the Practice of Medicine Essay

Short paper-Communication Skills in the Practice of Medicine - Essay Example The ability to communicate effectively has an implication in patient care. Some medical organizations has determined that the most frequent reason for complaints among patients against physicians is poor communication. Thereby, certain community groups have identified communication skills as essential component in medical practice and medical training. In order to provide a systematic approach and continuity to effective communication. The following information are recommended: 2. Case Models through Independent Community Based Inputs: Case presentations and teaching models should be critically examined to rule our unrecognized personal, cultural and professional biases and barriers. There are so many factors and skills that a medical professional and a patient can use to communicate with each other. One thing that a patient is looking at to most doctors is the trust they can acquire through effective explanation of all procedures and the trust they could get from the nurses on how effective they could deliver the health care services necessary for them to feel good from any diseases. Effective communication involves continuous process between doctors and doctors; doctors and nurses; doctors and patients; patients and nurses. Set skills are essential in order to implement it with confidence. Normally, the process starts with interviewing the patient by introducing self (doctor) and by simply doing an interactive line of questioning to the patient and assessment of the nature of complaint. At times, doctors can depend on facilitation movements specially for patients whos language is not the doctors language but the danger of merely relying on facilitation could be detrimental as this may cause incorrect diagnosis. Facilitations are done through eye contact, posture, gesture or even silence. Doctor to doctor communication varies from one another depending on the nature of the patients disease.

Discussion questions Essay Example | Topics and Well Written Essays - 250 words - 4

Discussion questions - Essay Example Merchandise inventory is the asset of the business and records movement in the cost of inventory and reports opening and ending inventory value held by the business. Entry into this journal is a debit entry whereas exist from this is a credit entry. This records the cost of purchase include suppliers price plus freight costs and insurance. Whereas, cost of merchandise sold is the cost of the business charged against revenues. Cost of merchandise is calculated as beginning inventory plus purchases less closing inventory. Journal entries to record the transaction would be as follows: a. Gross profit is calculated by deducting the cost of sales (merchandise) from the revenues generated by the business. Revenues are typically cost of sales plus the profit margin decided by the business. a. The role of accounting is not limited to recording of transactions but it is an integral part of planning and strategy development carried out by businesses. Assembling data generated by different business functions in order to summarize and report information pertaining to the business condition is primary task of the accounting function. Accounting is therefore considered as a series of processes which generate different information for various use including financial information, managerial information, cost information, and information for tax purposes (Warren, Reeve, & Duchac, 2012). Weygandt, J. J., Kimmel, P. D., & Kieso, D. E. (2010). Financial Accounting, Study Guide. Hoboken, NJ: John Wiley & Sons. Retrieved from McGraw Hill:

Opening a Mr. Goodscents in Finland Essay Example | Topics and Well Written Essays - 1750 words

Opening a Mr. Goodscents in Finland - Essay Example Mr. Good cents are franchisee who always considers to holdup the concept values of trust, integrity and respect. The Good cents registered establishment is represented by an icon figure developed from a penny. In 1909 the US government had introduced this one cent coin featuring with the 16th president Abraham Lincoln. The coin had got more popularity and was highly circulated. The popularity of the penny may vanish when time passes. Since Mr. Good cents have considered this penny as their logo they can enjoy its traditional value for a very long time. The muscle power observed in the hands and legs of Good cents icons resemble the strength and ability of experienced hardships. This is the symbols of dedicated hard work in an individual’s life span. The icon’s smiling face expresses pride, enjoyment and excitement that he has been experiencing by serving his customers. The icon also indicates satisfaction in providing high quality healthy products to the community. Mr. Good cents subs and pastas restaurants and franchisee are committed to keep up the above-mentioned traditions since its establishment. Their establishment in Finland has influenced the country’s culture and lifestyle to a great deal. The people of Finland are the admirers of Good cents products. Their masterpiece munue have too much popularity among them. Usually their masterpiece items are 18 varieties of sub sandwiches prepared from fresh deli meats. They are the master servers of delicious desserts, salads, soups and pastas which are considered as highly nutritious healthy dishes. Let us have a look at some of their famous dishes. Subs/Sandwiches are considered as one of the prominent and famous menu from Good cents subs and pastas. This is a delicious menu of bread slices which are furnished by meat and cheese. Another famous dish is Pasta. This is a preparation of sauce and meat