Inkwell Ltd Intro Essay

Introduction Inkwell Ltd like every other company will need to use accounting in their business. Inkwell are a printer cartridge company who recycle old ones, but then re-manufactures them to give them back to their customers. They are well known for high quality products, with a 100% guarantee product. Obviously they will need a good accounting system to be able to maximise profits, like every other company. With Inkwell working on a just in time system and being a company boasting in the quality of their products, it is essential that they have good relationships with their external stakeholders. Due to working a JIT system, Inkwell will need to maintain a good relationship with suppliers, because if one supplier is late or delays or has reduced quality goods, Inkwells production and be slowed or disrupted very easily. This stall in production can then have a knock on effect to the customers, because the quality of Inkwells cartridges may be reduced. Accounting systems will be affected by the organisational structure, because if a company has a complex structure, it may be very hard and time consuming to get things approved for accounting (investment etc.) which can cause the business to lose out. Also, again the JIT procedure/system can affect the accounting department, because Inkwell will need to make sure the suppliers are paid on time so no disruption to JIT will take place. Business transactions will need to all be done correctly and noted, so they can be placed into the purchase ledger etc. correctly. Accounting plays a vital and pivotal role in the success of every company. The purpose of accounting is to be able to make decisions on where to invest money into the company and which areas to focus on to make costs as low as possible, to be able to maximise profits for the company. This is done by using financial data within in the company to be able to create reports about the company to show the financial position and strength of a company. Also, these reports can show which areas of the company needs investment, improvement or focus. This will have effects on other parts of the company,  because the accounting department and decide where and what amount of money etc. can and will be allocated to different parts of the company. This will then have an effect on these parts of the company, because if the accounting side do not allocate enough resources to other parts of the company, then the company itself may not operate to its full potential. There are many external regulations that affect the accounting practice, such as HMRC regulations which can affect payroll/PAYE, VAT and customs. Also, there can be local authority regulations which can affect planning permission and health and safety, and H&S being more and more worldwide. There are also minimum wage laws and safe disposal regulations which can link into these. This can affect accounting systems and the users, because you will need to abide by these regulations/laws so you do not incur fines etc.. For example, if the VAT rates change, the sales people at the company will need to make sure that when they are preparing for the sale, they take into account the new VAT rate. Payroll will need to be monitored, due to PAYE regulations. Inkwell will need to ensure that they pay everyone for the correct amount of hours they work, as they pay employees per hour. Inkwell are not doing this as yet, as they do not have a clocking in and out system, and the hours are written dow n by the employee, which relies a lot on trusting the employee. Business will use Income statements, cash flows and statement of financial position for many reasons. Cash flows for example will be used so that a rough value of how much cash is available in the business, which can influence whether or not payments will be have to be delayed or debts chased up quicker. Income statements and financial positions can be used to work out various formulas to work out how well a business is operating, and where the business can improve. For example, some costs in parts of the business which are high compared to elsewhere/other businesses could be cut.

Andvantage and Disadvantage of Electrical Cars

Advantages Advantages & Disadvantages of Electric CarsAdvantages ~ a safe way to convert fossil fuels into automotive power ~ more efficient than gas-powered vehicles because their fuel can be harnessed from any source of electricity, which is available in most homes and businesses ~ the electricity created by electric cars is created by the burning of fossil fuels at power plants, instead of in an internal-combustion engine which pollutes the air. ~ the only new system required for electric cars is one that charges the batteries, and major automakers are working on creating a standard system for battery charging electric cars change the chemical composition of the pollution for the better ~ electric vehicles produce â€Å"zero emissions† in urban cities, where cleaner air is much needed. This is because the polluting power plants are situated far from the urban areas and therefore will improve the air quality in polluted urban areasDisadvantages disadvantage ~ electric vehicl es have not been widely adopted because they are rather impractical ~ Due to the lack of modern battery technology, electric cars are limited as to the distance that can be driven before the complete failure of the battery. Today, the average lifetime of a lead-acid battery is only about 100 miles. ~ Electric cars also cannot cruise, accelerate, or climb fast enough to compete with gasoline-powered cars, and accessories, such as air conditioning and radios, drain the battery even further. ~ Because electric cars are usually created by replacing the fuel tank and gasoline engine of a conventional car with electric motors, batteries, chargers, and controllers, the result is a car that is heavier and less efficient then a car solely running on electricity more expensive because the manufacturer cannot fully recover the cost of the discarded parts. ~ electric vehicles are not completely â€Å"emission-free†. If the electricity used is produced in a coal- or oil-fired generator, this only transfers the emissions from the tailpipe to the power plant. ~ They also change the composition of the pollution for the worse, by increasing the amount of sulfur oxide ( a key cause of acid rain) and ultra-fine soo t particles which also have negative health effects. Advantages & Disadvantages Of The Electric Car Written by Chris on 30 April 2010. Visited 107 times, 2 so far today In this article we take a look at the advantages and current (but improving) disadvantages of the Electric Car. With more and more car manufacturers making new Electric Cars, this is obviously the way forward for the future, but there is obviously a very long way to go. THE ADVANTAGES AND DISADVANTAGES OF THE ELECTRIC CAR Electric cars are not only cheaper and greener to run, but in the long term they will help with the problem the world is facing with running out of oil resources. THE DISADVANTAGES: * They are currently expensive to buy with some costing up to $50,000 * Short battery life (some have to recharge after only 100 miles) * The batteries take up a lot of space * lack of charging points in the community, although this is expected to improve in time * Recharging costs (although cheaper than liquid fuel) can put a sttain on your electricity bill * Recharging the battery can take anything from 1 hour and up to 8 hours * Some are considered to be too small Not an ideal family car, but again this is likely to improve over time * Some consider the designs to be â€Å"ugly† A NEW CONCEPT IDEA: A new concept to increase the cars travel compacity is to have two or more batteries installed, where you can switch to another battery when you start running out of charge. Then whilst you are running on a second battery, a dynamo can recharge your dead battery whilst you are driving. The problem with this is that the batteries would have to be made smaller to be able to fit nicely into the car.

Managing and leading people Essay Example | Topics and Well Written Essays - 2750 words

Managing and leading people - Essay Example Schein also suggested that leadership and culture are conceptually related (Schein, 2004). Culture provides to an organization a sense of identity and determines the organizational legends, beliefs, norms, rituals and language. Organization culture is the only way that state the way things are done around the organization. An organization culture summarizes what has been appropriate and what has worked in the past (Schein, 1990). This paper seeks to analyze the how managers can improve the culture awareness in the organization. Further, it seeks to discuss the strategies that managers can use to improve culture awareness in an organization. Many managers are using the language of corporate culture or organizational culture. I am always curious to know why people share perceptions, attitudes and interpretations as well, as how workplace symbolism characterizes the way people act and feel. There is a prevalent belief that particular types of logical commonality can promote collaboration, minimize unproductive conflict and arrange work towards a common agenda without the need for supervision. As a manager, I realize that there is something about culture pride that can inspire and raise the mind to improve service for a common good. An organization’s culture is not something that can be manipulated directly; managers are required to dictate a course of action or allocate resources. Culture is shaped indirectly (Schein, 2004). It evolves randomly over time. The premeditated manipulation of culture requires the sophisticated collection of leadership skills and an intense sense of socio-psychological dynamics (Pollitt & Bouckaert, 2004). In the progression of internationalization, organizations face hardships in harmonization of corporate culture. As a manager, I must come with strategies that will help in improving cultural awareness at

Democracy History Essay Example | Topics and Well Written Essays - 1000 words

Democracy History - Essay Example Leaders are chosen to represent the citizens’ interests in parliament and hence they (parliamentarians) should be accountable for their behavior in parliament. Elected leaders should listen to the people whom they represent and address their issues as expected. Passing a law in parliament requires support of the majority although the minority rights are also protected. Democracy also requires that elections are conducted in a free and fair manner, through the adequate training of political party agents and officials who conduct the process (Spragens, 240). The role of the citizens is to be a public eye on how elected leaders are conducting themselves in office and give their opinions. It is the duty of all citizens to vote wisely, campaign for a particular candidate, protest against bad governance, and attend communal meetings. Meanwhile, participation should be voluntary and therefore devoid of coercion. In respect of democracy, all citizens are entitled to rights which shoul d not be violated by anyone. The rights are contained in the international law which comprises of freedoms that citizens must enjoy including freedom of worship, expression, movement, association, assembly and culture. They are obliged to exercise these rights without violation or discrimination while at the same time respecting the rights of others. In democracy, the rule of law protects the citizens and their rights, and helps in the maintenance of order even as it controls the powers of the government (Spragens, 240). Reason Immanuel Kant defines reason as human beings’ ability to recognize material and immaterial self identify and understand issues, distinguish between facts and fiction, and judge propositions, comments and beliefs (Kant 15). Reason defines the nature of human beings for it is concerned with thinking processes, intelligence, and cognition. It is related to the concepts of science, language, mathematics, art and psychology. The ability to reason is referre d to as rationality, hence human beings are said to be rational beings. A person who cannot reason is irrational. Therefore, according to Kant, rational beings should be able to understand themselves, distinguish between right and wrong, true and false, as well as fact and opinion. Kant maintains that the highest level of reasoning is achieved when human beings are able to establish universal laws. He says, â€Å"act only according to that maxim whereby you can, at the same time, will that it should be a universal law† (Kant 32). In a democratic society, individuals are free to accomplish their own objectives as they wish so long as they are governed by principles of reason which Kant called the ‘categorical imperative’. An action is only justified if it can fall under universal laws  in Kant’s view (Kant 30). Since reason is part of human nature, human beings have the right to live politically. Unlike other animals, human beings are the only ones endowe d with an innate capacity to acquire language and express their thoughts, ideas and feelings (Kant 34). Speech justifies what is pleasant or not, fair and unfair, or harmful and harmless. When treated fairly, human beings are the perfect animals but when denied their rights, they are the worst. When they lack morals, food and sex, they become perverse. Fair treatment is a political aspect and provision of rights is something of a societal organization. Reasoning helps people decide the type of community that is best for them (Kant, 30). Reason and

English Employment Law Study Essay Example | Topics and Well Written Essays - 3000 words

English Employment Law Study - Essay Example Self-Employed Individuals- Self-employed individuals are regarded as those individuals who are independent and run their business own. These individuals can also be duly considered as self-regulating contractors who are responsible for making broad regulations in order to attain predetermined business targets. It is worth to mention that self-employed individuals are   responsible for adopting   as well as implementing   broad decisions for smooth conduct of business (Kemp Little, 2012). A big similarity between the workers and the employees in the organizational context of the UK is that both of them are covered under common statutes of employment law. These include Health & Safety at Work etc Act 1974, Trade Union and Labour Relations (Consolidation) Act 1992, Employment Tribunals Act 1996, Employment Rights Act 1996, Public Interest Disclosure Act 1998, Data Protection Act 1998 and Human Rights Act 1998. All these laws are enacted by the government in order to defend the rig hts of the employees as well as the workers belonging to different organizations of the UK (Kemp Little, 2012). Employees - All the employees in the UK are covered with special laws that eventually protect their respective rights by a considerable level. The basic understanding of these laws and statutory employment protection legislation apply to all those employees who work in diverse organisations despite their status i.e. higher, lower or middle level employees.   Employees are entitled to all major rights as long as they serve the basic purpose. of performing their

Cyborg and identity Essay Example | Topics and Well Written Essays - 1000 words

Cyborg and identity - Essay Example Discussion The relationship developed between the bionic limbs of a user and their identity is evident from the fact that they give the user a sense of being a different person – which allows them the ability to become and act like whoever they want to become. This relationship between the bionic limbs and the identities developed by their users is evident from the case of Aimee Mullins, who is known to take the roles of totally different persons; she an athlete and an artist, whenever the occasion calls for it (TED 1). From the wide spectrum of the identities that she has developed, it is evidence that her bionic limbs play a role that exceeds the functional role of allowing her to walk like the other people (Warren 38). Further, many of the users of bionic limbs are able to keep them a secret to the general public, which implies that their functionality goes beyond that of enhancing their experience of the environment, but also allowing them to identify with everybody else ( Sobchack 20-22). The relationship developed between bionic limbs and the identity of the user is evident from their ability to fit into the social norm, which makes them feel like a part of the norm of having legs. The wearing of bionic limbs is viewed like an artistic replacement of the missing part of the body – which offers the user an artistic outlook and edge, besides making them appear like everybody else. This relationship of shaping the identity of the user and their impact on their identity can be traced from the conventional definition of a prosthetic, which is an object inserted or attached to the body of the user to replace a defective or missing body part (TED 1). This definition leads to the relationship between bionic limbs and the identity of the users, where, wearing these limbs is viewed like an artistic way of replacing the missing part of the body (Sobchack 20-22). The artistic replacement of the missing part of the body, apart from being imaged as the com plement that makes the user an able-bodied person, it makes them fit into the social expectations of the appearance of a normal person, which makes them feel like other people. The role of bionic limbs in shaping the identity of the users is evident from the fact that the users can do things better than they could do before – and in some cases better than normal people can do – including the ability to run faster and riding bikes. The new person with better abilities and in some cases, abilities that exceed those of ordinary people becomes the new identity of the user of bionic limbs (Warren 39). This ability to change roles from a disabled to a fully capable person contributes to the development of their new identity, which points out the integral relationship between bionic limbs and the identity of the user. This relationship is evident from the life of Aimee Mullins, whose lower legs were removed after birth, but she has matured to become a star in the Paralympics through the use of her bionic limbs. For example, as a Paralympics champion, her identity is developed around her use of bionic limbs, and without them, she may never become that star again. Further, her

Health Care Cost Essay Example | Topics and Well Written Essays - 250 words

Health Care Cost - Essay Example Employers can offer discount medicine programs, which trim down prescription costs. They can also offer education with reference to the emergency room so that workers can have the knowledge of the existence of urgent-care institutions within pharmacies and stores, along with physician hotlines available 24/7 that they can utilize resourcefully than visiting the ER each time their families or them experience minor symptoms (Wyman, 2012). Employers can have a proper incentive design that directs workers to choices that have the lowest-cost first to reward excellent purchasing conduct that is vital to price containment. Employers can shop for insurance because they get the chance to shift carriers one third of the moment in time. Employers can offer to pay for workers’ wellness such as online healthiness risk evaluations and blood reports since they save on some cash and teach them on their healthiness, make them conscious of apprehensions and inspire them to live better lives. Employers can utilize brokers who are experts in healthcare and has the aptitude to look for methods to support the company and workers while offering pioneering initiatives and applications for newfangled technology (Wyman,

Walt Disney World and Its Organizations Essay Example | Topics and Well Written Essays - 1000 words

Walt Disney World and Its Organizations - Essay Example Since its formation, the company has produced many movies that have topped the US as well as UK charts (The Walt Disney Company, ‘Company Overview’). The paper includes the company’s mission and vision along with the company’s different subsidiaries. Mission and Vision of The Walt Disney Company The Walt Disney Company is an America based multinational company. Originally, the mission of The Walt Disney Company was to ‘nurture the imaginations of children around the world as well as to celebrate American values’ (Reocities, ‘The Walt Disney Company-a Case Study’). The mission itself states the company’s operations. Most of the company’s operations are children oriented. As it has been stated in their mission, the children are the main center of the organizational operations and even the various subsidiary activities organized by the company are entertainment as well as children oriented (The Walt Disney Company, ‘Company Overview’). However, the mission of the company has changed stating to be â€Å"one of the world’s leading producers and providers of entertainment and information. Using our portfolio of brands to differentiate our content, services and consumer products, we seek to develop the most creative, innovative and profitable entertainment experiences and related products in the world† (Duran & Et. Al., â€Å"The Walt Disney†).... The Walt Disney Studios The Walt Disney Studios can be considered as the foundation of Disney. This legendary company started its journey from this milestone. The Walt Disney Studios is renowned for its ‘animated features and live motion pictures’ (The Walt Disney Company, ‘Company Overview’). The characters it created include Mickey Mouse and friends, which are the animation legends. The company is considered to be the world’s very first full length animation creator with its created character Mickey Mouse and Snow White and the Seven Dwarfs (The Walt Disney Company, ‘Company Overview’). Distribution of motion pictures is done by The Walt Disney Studios under its allied organization, Walt Disney Pictures. Walt Disney Pictures includes its other allied companies such as DisneyToon Studios, Walt Disney Animation Studios, Touchstone Pictures, Hollywood Pictures and Pixar Animation Studios. The company had acquired the company, Pixar, in May of the year 2006. Walt Disney Studios Motion Pictures International is another segment of the company which operates in international distribution of the motion pictures. Walt Disney Studios Home Entertainment is the segment of the company which deals in distribution of the motion pictures of Disney as well as other movies through the means of rental and sells by home entertainment markets such as DVDs (The Walt Disney Company, ‘Company Overview’). The presence of The Walt Disney Company also can be marked in the theaters. The company owns Disney Theatrical Productions House which is also considered to be among the leading producers of the famous Broadway musicals. This also consists of

The Plama Membrane Essay Example for Free

The Plama Membrane Essay The plasma membrane exists in all living things for the simple reason that it serves vital functions without which the cell cannot survive.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   The plasma membrane is composed primarily of a phospholipid bilayer which is made up of hydrophobic lipid â€Å"tails† that point inwards and hydrophilic phosphate â€Å"heads† that are positioned so that one layer is in contact with the extracellular fluid and the other with the cytosol. The membrane may thus be thought of as the cells â€Å"skin† enclosing and protecting the organelles and the nucleus. The cell (and its components) however, is not cut off from its environment because the plasma membrane is semipermeable, allowing specific substances necessary for the normal functioning of the cell to pass through. Also, embedded in the bilayer are proteins that assist the passage of substances that normally would not be able to pass through by simple diffusion. A good example would be the sodium-potassium pump (Krogh, 2003) which is responsible for the active transport of these ions. Both potassium and sodium need to move up their concentration gradients (into and out of the cell, respectively) and since both are ions that would be difficult to transport through the hydrophobic interior of the bilayer, such transport needs to be facilitated by the use of proteins that will serve as channels through which these ions can pass through. This therefore illustrates as well the regulatory functions of the plasma membrane in that it allows transport into and out of the cell in a selective manner (Postlethwait Hopson, 2006).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Proteins that lie on the surface of the plasma membrane also serve a role in facilitating communication between the cell and its environment, including other cells. Lymphocytes (white blood cells) for example, differentiate foreign cells from that of the body by recognizing antigens, surface-bound proteins that serve as identification for the lymphocyte to know whether the other cell is an invader that needs to be eliminated (Postlethwait Hopson, 2006).   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Clearly, the plasma membrane serves critical roles in cellular function, not just in THE PLASMA MEMBRANE  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Page # 2 protecting the cell but as well as in transport, regulation and communication, and since, as Krogh (2003) has stated, â€Å"all life is made of cells†, it follows that life simply is not possible without the plasma membrane. References: Krogh, D. (2003). Biology: A Guide to the Natural World, 3rd ed. Companion Website. Retrieved Dec. 31, 2007, from http://wps.prenhall.com/esm_krogh_biology_3/ Postlethwait, J. H., Hopson, J. L. (2006). Modern Biology.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚   Texas: Holt, Rinehart and Winston.

Exploration of a Journal Article in Sociology Essay Example for Free

Exploration of a Journal Article in Sociology Essay Because we have a capitalistic economy, business is the main component of it. Business is in every corner of every sector of the market. Most everything you can possible think of that relates to the economy is business. Retail, services, agriculture, manufacturing, health care, even political campaigning all involves business. Even when civilizations were based on an agricultural type of economy, business transactions occurred The business I have chosen for this is Mc Donald’s. In 1974, McDonalds opened its first restaurant in the US. Today, more than 2. million people in this country place the trust in McDonald’s every day -trusting the Company to provide us with food of a high standard, quick service and value for money. Customer service is very important to the McDonalds because it says that they care about their customers. Customer service very important and vital part of any organization, which is selling goods, or service because it exists to satisfy customers Good customer service will bring you new and keep old customers but if you have bad customer service this will make customers unhappy and they will stop visiting you and the business will not have new customers. McDonalds operates in a very competitive market. It generally keeps its prices within a compatible range to its competition. What McDonalds can d There is more than one definition for corporate social responsibility. One way in which it can be defined is the obligation of organization management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization (Daft, 2003). In other words, corporate actions have social implications, and managers have a responsibility to act in ways which benefit society as well as the organization (Body, 2005). The difficulty that most companies of today are facing is that investing money in order to become more socially responsible may benefit one of the company’s stakeholders, but have the opposite effect for another stakeholder. For example, investing money into the corporate social responsibility is very expensive in the short-term, so whether or not a company decides to become more socially responsible will depend on how willing the shareholders are to invest in such a project. However, the company could see an increase in profits in the long-term future if they were to do so. Nonprofit organizations should be present in the economy to create those services and goods that are necessary for people but are not profitable for companies to produce them. For-profit organizations pay taxes to government and it this way make it possible for nonprofit organizations to fulfill their role 3Energy conservation – Finding additional ways to enhance energy efficiency in restaurants in order to save money and lessen environmental impacts. Sustainable packaging and waste management – Continue exploring ways to decrease the environmental impacts of consumer packaging and waste in restaurant operations. Green building design – Enhance strict building standards to incorporate further opportunities for environmental efficiencies and innovation in the design and construction of restaurants. McDonalds have long recognized the value of minimizing their environmental footprint. This action is not only good for the world in which they operate, it’s a strong contributor to McDonald’s long-term financial success.