Managing Budgets and Financial Plans Essay Example | Topics and Well Written Essays - 1250 words

Managing Budgets and Financial Plans - Essay Example II. Objectives that are important to Kitchens2Go: Ultimately, it appears that the Manager is concerned with the profitability and long term prosperity of the firm, so all of the objectives that are important to the Manager should be important internally as well. III. Measuring the Objectives: The objectives can be measured by the use of Statement of Financial Performance, cash flow analyses, analysis of cost of goods sold, expense analysis, etc. All of these will show how much revenue is being generated as well as how much the firm is spending. Ultimately, the Statement of Financial Performance shows whether or not a profit is being generated, and exactly how much profit, or the lack thereof. IV. Integration of the Objectives: These objectives could be integrated into budget and reporting systems by performing a given analysis as it relates to a specific department, as well as an overall analysis of the entire operation. It appears that the Bank Manager would like copies of Kitchens2Go's financial statements every year in order to monitor expenses, revenue, and profit or loss, so that a clear picture of the health of the firm can be examined. The most useful calculations that the bank can be doing on these statements are calculations of the cost of the goods sold, value of inventory on hand, labor

European Court of Justices Activism in European Integration Essay

European Court of Justices Activism in European Integration - Essay Example One of the major features of ECJ reflects in its weakness as compared to the courts on national levels, especially so far it relates to â€Å"compliance† with the judgments it passes (639). On the other hand, its power transcends that of other tribunals of an international level such as the International Court of Justice and, therefore, it always remains as the center of â€Å"scholarly attention† (640). Though from a political perspective, the court has come under a volley of criticism from various sources for its activism and â€Å"political role† its position as an international legal framework has been pivotal in the settlement of various issues (640). The former ECJ Judge Federico Mancini while admitting that judges are often â€Å"incompetent† when it comes to the question of lawmaking contends, referring to the stagnation in the process of European integration, that it has been the judicial activism of the ECJ that helped salvage this situation (640 ). In the melee of debates revolving around the functioning of ECJ and its relation with the member nations of European Union, it transpires that on the one hand legal fraternity focuses on the relationship between national law and European law, while on the other, political discussions often revolve around the notion that ECJ’s conduct rather serves the â€Å"interests of the most powerful† EU member nations (640). Judicial activism can be perceived as a process by which judges redefine or modify a law from its original position as envisaged in legal sources whereby they substitute their decisions for that of â€Å"elected, representative bodies† (Popovic 2009:363). This definition of Judicial Activism, proposed by Justice Paul Mahoney, condemns judicial actions which are intended or required to â€Å"achieve justice† in specific cases (363).  Ã‚  

State and internationalization of Society Literature review

State and internationalization of Society - Literature review Example He states that the United States has led a campaign to unify the world (5). He cites the example of the export of democracy to nations in the former third world and the provision of support for development in other nations of the world. This, in his view creates a definition of Americas position as a dominant superpower in the world today. Also, he points out that the global bodies, including the United Nations and other international groups have over the past 60 years supported in the even development of nations and communities in the world. This has led to more nations coming together to achieve things (13). Etzioni identifies that the co-operation of nations under numerous banners has caused nations to live according to harmonised structures and systems. He also indicates that nations do a lot in terms of co-operation like transnational co-operation in commerce, banking, internet, health and research, environment, human rights and crime prevention. This was defined in the section which he called the new safety architecture. The new safety architecture is a concept that is steeped in the fact that nations are better off by co-operating and sharing some resources to achieve ends that are common to them. This is because when nations work together, they get to create a leverage that enable them to get optimum results from limited resources. Also, there are some activities that can only be achieved effectively when nations come together to work on them. Some of these activities include counter-terrorism, cross-border crime prevention and other similar drives. It is thus counter effective for any nation to attempt to live as an island. So he argues that authorities in nations are bound to work together to achieve results and common objectives that are in their best interest. On the individual level or amongst the ruled, there are increasing activities like the Internet, communication technology and the observance of similar

Political science questions Essay Example | Topics and Well Written Essays - 750 words

Political science questions - Essay Example This came as a stark contrast with the Bush Administration, who continued to state and restate the need for American forces in Iraq to continue the humanitarian mission that was started in 2003. For international relations as a whole, the Obama Doctrine means that Americans can expect more open and collaborative relationships with foreign countries. However, according to some critics, it may also lead to more appeasement to corruption and violence overseas. 2. The â€Å"Great Recession† of the late 2000s started with the 2007 financial crisis and it has affected the global economy. In 2009, the recession ended because the United States experienced two consecutive quarters of growth in GDP. Despite the official end of the recession, the U.S. still suffers from high unemployment, low home prices, and inflation. Even while these problems persist through the official end of the recession, the world is arguably in a much better place than it was in 2007 and 2008 when the financial crisis began. The global economy has adjusted by changing who is growing and who is not growing in their economies. While the United States, Russia, and much of Europe remain slow to grow after the recession, China and India continue to grow despite the slowdown. In this sense, growth in the world economy did not decrease and instead, it shifted elsewhere. 3. The American Tea Party stands for any number of populist and conservative ideals, but the members of the movement consistently state their desire to lower the national debt. They claim that the most direct path to that goal is fiscal responsibility and accountability from legislators. The primary method the Tea Party uses is protests, which they organize and carry out very effectively. Because the Tea Party is a grassroots organization, it has a broad range of support from everyday Americans. The Tea Party is also increasing in power and in the attention they receive from the national media. By having a larger number of party m embers and more attention, the Tea Party is able to put more pressure on politicians to create fiscally responsible legislation that is either neutral to the national debt or reduces it. The Tea Party puts the most pressure on Republicans because the Tea Party is often seen as an outgrowth of the Republican Party. For that reason, some prominent Republican in Congress are shifting over to embrace the Tea Party label, which appeals to a wider base of supporters and plays into the Tea Party goal of making a more responsible and accountable federal government. 4. In 2011, President Obama handed over control of the military intervention in Libya in order to allow the United Nations to carry out its long-held responsibility to maintain peace in the country. Earlier this year, a number of countries decided to take immediate military action to enforce a no-fly zone over Libya, which involved missile strikes and fly-overs by American forces. Although the United States has participated in bo mbings and surveillance of Libya, the United Nations is largely organizing the military intervention. Allowing NATO and the UN to take over but keeping a large role for the United States was an intelligent move on President Obama’s part because it demonstrates the collaborative spirit of the Obama Doctrine and it avoids the costly role that the United States took in Iraq and Afghanistan. In late March, the NATO

The Klondike Gold Rush Research Paper Example | Topics and Well Written Essays - 2000 words

The Klondike Gold Rush - Research Paper Example The Klondike gold rush ended in 1899 after the discovery of another gold mine in Nome. The trade had a very remarkable impact to the economic and social conditions of people who resided in Seattle and Washington States. 2 The cultural beliefs were totally altered by the trade due to the introduction of foreign beliefs and ideologies. The economic input of the trade in these two states was equally significant. The essay below focuses on the outputs and benefits of gold trade to the Seattle and Washington state. Economic and Social Impact The Klondike gold mine changed the ways of living as well as the economic conditions of the people who resided in Seattle and by large the Washington state. The trade led to the development and growth of timber market in the Seattle state. The ship industry in the Seattle state expanded due to the increase in the number of traders who used ships to commute to Alaska.3The trade also led to the immigration of people to Seattle from North of Columbia bet ween the 1850s and 1860s. In 1850s, the gold rush to the Fraser River brought many California people to the North West, which led to the establishment of the mining industry that supplied gold to merchant in Victoria, Seattle, and Vancouver. It is the Klondike gold trade that led to the development of railway network in the Seattle state. As a result, the development of the railway network in Seattle was the facilitating factor which led to the development and growth of fish, timber, and wheat industries in the Northern part of the country. Additionally, the large number of immigrants to the area led to the immense development of the state. 4 As a result of discovery of gold rush trade in Klondike, the chamber of commerce of Seattle state met to discuss how to benefit from the trade. They planned to promote the state to an outfit center for the Northern goldfield. They formed a panel to advertise the state to the gold traders as well as other interested traders. The bureau was also mandated with the responsibility of encouraging local traders to join the trade for the benefit of the state. There was a huge campaign to inform the gold traders that Seattle was the only gate way to Alaska. The campaign has a very positive outcome because the Seattle state managed to attract more than three quarters of the gold seekers into their stores. Within the first three months of the trade, more than 15000 miners were using the Seattle resources in their trade. 5 The other business persons who operated in Seattle sold meat, clothes, and dried fruits to gold seekers. The city buildings and infrastructures also benefited from the gold trade. The houses, hotels, and other residential houses were overbooked by gold traders. This led to the construction of more houses to accommodate the traders. More job opportunities were created by increasing numbers of hotels, restaurants, and other related businesses. There was increase in the amount of money which was circulating in the Sea ttle state. In 1987, the state was trading with approximately $36 million. This increased to $ 68 million in 1898 and in 1899, the amount of money which were operating in Seattle rose to over$100 million. 6 In 1898, the Seattle chamber of commerce decided to increase the trade benefit by establishing an assay office. The idea was to help the state benefit from

Position paper why i agree with the 3 strikes your out law Research

Position why i agree with the 3 strikes your out law - Research Paper Example These are the very people that the 3 Strikes Law was designed to protect the population from and I for one am very happy that this law is in place to protect me from the harm that can be caused by such offenders and criminals (Reaves, Jessica â€Å"Whats Wrong With â€Å"Three Strike† Laws?†). According to Californias Legislative Analysts Office, this law is the reason why the judicial system in the state has seen an increase in felony cases. This is mainly because the repeat offenders would rather take their chances in a jury trial in the hopes of an acquittal rather than using the plea bargain in order to lighten their sentences (Brown, Brian & Jolivette Greg, â€Å"A Primer: Three Strikes After More Than a Decade†). Although the law seems to be creating a backlog in our justice system, it is important to acknowledge the fact that the DOJ California Crime Index has actually shown a decrease in the crimes rates of the state since the passing of the law: The crime rate continued to decline after Three Strikes, falling by 43  percent statewide between 1994 and 1999, though it has risen by about 11  percent since 1999. Similarly, the violent crime rate declined by 8 percent between 1991 and 1994 and then fell an additional 43  percent between 1994 and 2003. (Brown, Brian & Jolivette Greg, â€Å"A Primer: Three Strikes After More Than a Decade†). The laws of our land are not perfect. In fact, it is full of flaws that are not realized until decades later when the criminals begin to flaunt those legal loopholes that are found by their lawyers. It is this reality that has always put offenders who should have been put away for life back on our streets. The 3 Strikes Law makes sure that they are kept off the street and prevented from doing any further harm to the public. Those who oppose the law say that it is an unjust and cruel punishment for those convicted of petty crimes. If a person has

When I change my major Essay Example | Topics and Well Written Essays - 250 words

When I change my major - Essay Example Since my childhood, I have always dreamt of becoming a successful businessman in my country if not the entire world. I had grown passion for reading business-related articles to expand my knowledge in the filed I considered would significantly shape my future. Consequently, I decided to major in business management during at the beginning of my sophomore year. However, the situation in my country contributed a great deal to the dwindling interest in pursuing business course any further. â€Å"Hey, what do you think about pursuing an engineering course?† It was after this statement from a close family friend, rung a bell in my mind that eventually made me to change my major to engineering. In my country, bio medical engineering graduates have a lot of job opportunities and make handsome cash. Also, they have the opportunity to help the community by preferring to work in hospitals. It has been my dream to engage in activities that give back to the society and I reflected on changing my major to the field of bio medical engineering as a great opportunity to achieve this dream. Now, I cannot be happier knowing that I will soon graduate as a bio medical professional and get numerous job offers in my country and also that it will enable me to help people in