Analyse the Telecom Industry and Analyse also the company 3 mobile Essay

Analyse the Telecom Industry and Analyse also the company 3 mobile - Essay Example Depending on the supply chain and logistics of operation within the telecommunication industry, the analysis gives possible factors that have led to the flourishing of the industry in one way or another. The macro-economic factors are essential and each company ought to consider them in its strategies (Mithas, Tafti & Mitchell 2013, p 511). Beginning with the Political factors, it is worth noting that the telecommunication industry faces a number of government interventions, depending on the telecommunication laws of each country. Some of the areas where government policies play a primary role include the media, mobile telephony, and internet services. A country’s political system can determine the macro-environment under which the telecommunication companies will operate (Peng & Nunes 2007, p 230). Any fluctuation in the Economic factors can significantly affect the industry. For instance, change in interest rates, economic growth of countries, and inflation can either spell doom for some telecommunication companies or even signify abnormal profits. It all depends on a company’s strategy within the telecommunication industry, considering that economic factors are unpredictable are bound to change according to other factors beyond control by any company or country. In this regard, global recessions may lead to increase in the prices of telecommunication products by some companies. Other companies will attempt to gain competitive edge by limiting their distribution of the latest mobile devices to some countries only, just as Apple Inc. has done (Peng & Nunes 2007, p 231). Social factors are fundamental macro-environmental factors within the telecommunication industry, considering the diverse attitudes and preferences within the industry. Safety while operating or working with telecommunication equipment and network is

Chinese Accounting Standards Essay Example | Topics and Well Written Essays - 1000 words

Chinese Accounting Standards - Essay Example China is world's second largest economy. Over a period of liberalization Chinese accounting standards have shifted from a centrally control economy to an open market economy. But the developments of Chinese accounting standards have been highly influenced from the political environment of the country. Because of these constraints there are still major differences between Chinese accounting framework and FIRSs of International Accounting Standards (IAS). In PRC, Ministry of Finance sets out accounting standards. These government-defined standards are often less value relevant as the government has its own political compunctions [5]. This situation is again complicated due to weak capital market infrastructure. The main areas where there is appreciable difference between PRC GAAP and IFRS includes the valuation of fixed assets over a period of time i.e. depreciation measurements and the amortization of intangible assets, the methods of accounting for income taxes, measuring goodwill and intangible assets, amortization of goodwill and intangible asset, mineral rights, the expenditure to explore develop and extract minerals, and research and development costs [2]. Though Ministry of Finance (MOF) of Peoples Republic of China is trying to fill in the gaps between Chinese GAAP and IFRS there are still many areas where these two accounting standards are differentiate... areas of inventory and temporary investment valuation, provision for bad debts, depreciation and revaluation of fixed assets, and amortization of intangible assets. Chinese GAAP rules require the inventories for an organization to be calculated at historical costs whereas IFRS rules evaluate the inventories according to lower of cost and market (LOCAM) principles. According to Chinese GAAP long-term investment companies having less than 50% share holding can choose among cost and equity methods for their financial auditing. Chinese GAAP is followed for managerial opportunistic purposes though it is quite similar to IFRS in practice. Chinese GAAP allows unrestricted use of accruals by capital expenses for operating leases and unsymmetrical allocation of costs between finished and running work processes. Ways in which Chinese rules differ from IFRS There are many differences between Chinese GAAP and IFRS arising due to non-accounting government regulations. Financial Rules for Enterprises framed by MOF of PRC defines the rules for cost depreciation, residual value and useful life of different fixed assets. Chinese GAAP accounting practices are more practical in measuring depreciation of assets; it is based on historical cost of assets or measures the inventory at a planned price, which is in contrast to fare value oriented valuation of IFRS standards [2]. Financial Rules for Enterprises stases that assets of certain categories should be amortized over a period of minimum ten years, which may be an impractical dictate as these assets needs more than ten years to yield any economic benefits. Many industries related to welfare, pension and other special reserves generally require more than ten years to give any tangible economic benefits. The way Chinese accounting

The Ferret after It Is Prosecuted Under Section 5 as to How It Can Rel Essay

The Ferret after It Is Prosecuted Under Section 5 as to How It Can Rely Upon European Union Law and the European Convention on Human Rights - Essay Example On the first level, it must be noted that one area where judicial discretion is especially large is the area of free speech. While the right to free speech is a crystallized principle that has been placed almost since the beginning of time, enjoying a cherished position in the bill of rights of virtually all civilized legal systems, the interpretation of what constitutes free and protected speech still has yet to be perfectly refined. This provision has been invoked many times over in the course of history, whether within the European Union or outside, successfully and unsuccessfully; and Courts have had many opportunities to set standards and devise guidelines to determine if the speech in question should be protected or not. It becomes more difficult when the right to free speech competes with another right, in this case, the right of religious minority groups to tolerance and acceptance. In "easy" cases, all that should be done is look through jurisprudence until one finds the applicable case with similar facts. In "hard" cases with novel facts, the role of the judge becomes infinitely more difficult. The boundaries are ever-shifting; and internally, the judge will be trying not only to apply the law but to subject the text or speech in question to her own subjective inquiry in order to determine the intent of the message-bearer and what the material was trying to say. (De la Cruz, 2002) Social and political values inevitably come to the fore. To quote legal writer Thomas Streeter, "It is in the character of language, in other words, that a judge will never be able to look at the text of the Bill of Rights and legal precedents to decide whether or not flag burning is protected by the First Amendment; he will always in one way or another be forced to make a choice about whether or not he thinks it should be protected, and will always be faced with the possibility that a reasonable person could plausibly disagree." (Streeter, 1995) What distinguishes the area on free speech from other "legally-indeterminate" areas is that it is inextricably intertwined with and largely dependent on language which, as many eminent linguists have said, is arbitrary in the sense that meanings cannot be derived from anything logically-inherent in the words. These meanings are merely "assigned meanings" born of the collective experiences of people in a community and this system of interpretation is never static. As stated by Streeter, "Aside from language in general and perhaps some very deep-level aspects of syntax, there is very little that is universal, neutral, or mechanical about human languages." (IBID.) In this situation, it is clear that the European Convention on Human Rights secures both the right of the media to free speech, as well as the right of marginalized groups. But since the task is to find a basis to defend the newspaper in the existing Human Rights Convention, then it may be argued that the right to free speech is indeed a cherished ideal and is considered a sacrosanct freedom. If one compares the violation to the newspaper and the violation to the Muslims, without meaning to denigrate their suffering which we know is starkly real, the right against censorship and prior restraint appears to be more serious, than the right to "not be mocked."Â   Â   Â  

Global War on Drugs Essay Example | Topics and Well Written Essays - 1000 words

Global War on Drugs - Essay Example Global War on Drugs The drug prohibition laws prohibit, except under special circumstances and licenses the production, possession and distribution of substances that are recognized as drugs. This limits the circulation of anything that is considered a drug. By doing so they ensure that the country remains the drug-free zone that it was intended to be. One such person who has been very vocal and active in this issue is Richard Davenport-Hines. He is a historian and biographer who has accomplished so much in his time. He has spoken vocally against the issue of drugs and their use. He has constantly criticized the United States government of not doing all that it should in relation to the drug issue. The United States government in response to the issue of drug use and trafficking has created several sustainable policies. These policies will enable the government to effectively and efficiently deal with the issue. The United States categorically emphasize that drug use is the administering of any drug on an individual contrary to their intended use. The campaign that was started to discourage drug use in the states was criticized by Richard in his book. He propagated that the states and the policies that they were employing were not necessarily the way forward. The government devised some ways for example arrest and sentencing to deal with the drug barons and users. They also created drug prohibition laws that were to deal with the drug trade. In the book: The Pursuit of Oblivion, A Global History of Narcotics there are some issues addressed against the United States policies. The arguments state that the government does not deal effectively with the issue of arrests. He goes ahead to explain that there is always a high percentage of illegal drugs on the streets. The percentage could be as high as 100%. During the arrests and interception stage only a small percentage of the drugs are intercepted. The book’s author notes that by going with such statistics the drug war will never be won. If only 20% of the drugs are intercepted, the remainder that is still out can still keep the drug business afloat. This will obviously ensure that their profits continue soaring despite the drug intercepts (Gerber 31). He sees the drug policy as a sho w of might and the power between the interested stakeholders. The United States government is using the drug issue as a step stone to flex its muscles on other nations and its own citizens. He ponders why despite all the arrests and sentencing both local and international, drugs are still getting a way to the streets. He wonders when the government will internalize the urgent need to arrest the never known barons instead of the hired hirelings who sell the drug in small doses on the street The state has long been accused of using its military might in all the wrong ways. He deems the policy as an excuse to employ over exaggerated operations by the military. They use so much of the tax payers’ money yet they have little to show on the undertaken drug operations that they conduct (Gerber 37). The government is also accused by both citizens and the author of the text of being very hypocritical in the drug war. The government is noticed to be employing double standards in the sen se that it allows the pharmaceutical companies to continue advertizing their drugs. He considers this kind of advertizing as an attraction to drugs. This tempts users to use them. He suggests that companies should have some regulations in relation to advertising. In the television drama The Wire, the actors have carefully acted their thoughts on the policy of drug use in the states. The series in one of their episodes showed that the investigators tasked with the responsibility of investigating drugs and their use as being very incapable. It

Cost Estimate and the State Of Work Assignment Example | Topics and Well Written Essays - 1500 words

Cost Estimate and the State Of Work - Assignment Example The IGCE statement is also very important in government reference and file keeping. It is a document when well kept can give the future generation the way the projects were carried and the amount of cash that they utilized for project completion (Federal government, 2009). It is also very important in countrymen taxation and government budget making for the year of the project. It also helps the government in the revenue allocation and in implementation of the governments’ strategic plans (Kinzie, 2010). This will lead to job creation, growth and expansion of the countries industrialization. Therefore a well documented IGCE statement safeguards the government’s properties through internal controls and audit trials for the government’s final project price. Reasons for Confidentiality The reasons why the IGCE should be kept a major secret is because the countries ethics and integrity must be retained and should be above reproach in business dealings with the government (Schwalbe, 2011). This will build the people’s confidentiality in the government hence creating harmony in the country (Federal government, 2009). The contracting officers must go to an agreement with the contracting officer representatives on the confidential financial disclosure report. This report is very crucial in avoiding conflicts between the official duties and the private affiliations. This report is also very vital in curbing away bribery from the public sector.

Management Essay Example | Topics and Well Written Essays - 1500 words - 1

Management - Essay Example f Brazil. This retail sector organization is considered as one of the leading retailers as well as largest employers in private sector of Australia (Coles Myer Ltd 2000). The origin of Coles Myer was around 100 years ago was from the two Australian retailers namely â€Å"G. J. Coles & Coy and The Myer Emporium† (Coles Myer Ltd 2000). They have their operations in Australia along with New Zealand and possess about 2,000 retail stores in those places. Coles Myer has shareholders numbering above 380,000 (Coles Myer Ltd 2000). The organization’s businesses are generally classified into five groups which include Food & Liquor, Myer Grace Bros, General Merchandize, e.colesmyer and Apparel & Home. The retail stores have an annual sale of more than $24 billion. The various brand of Coles Myer are Grace Bros, Coles, Myer, Target, Bi-Lo, Kmart, Liquor land, Fosseys and Officeworks. This retail sector organization has provided employment to over 167,000 staffs (Plunkett 2005). Col es Myer has adopted wide communication strategies in order to contact with their staffs, suppliers, customers, stakeholders, shareholders by replying through letters and intranet site. They believe that satisfying customers will bring their success and collecting customers’ feedback will help them to make necessary improvements if it is needed. They want to provide best services to the customers and preserve good relationship with them (Coles Myer Ltd 2000). Coles Myer provides ongoing practical training to the staff in order to facilitate them to handle properly the customers and provide quality services to them. The training is provided with a basis of making their staff to have an actual understanding of their compliance responsibilities (Coles Myer Ltd 2000). Coles Myer is entering into the retail market of Brazil with the aim of business expansion as well as spreading their brand name beyond the Oceania region. As Brazil is considered as one of the world’s largest retail markets, thus Coles Myer can get scope of extension of their retail business. Though the store will be located in Brazil but the services will be provided by the Australian organization. However, several Brazilian staffs will be hired for the retail store but the training will be provided by the Australian managers since they are extremely customer oriented. They want to provide best services to the customers of Brazil to build their brand name. The main purpose of the report is to prepare an environmental analysis of the Brazil’s business environment for an Australian retail sector organization Coles Myer who wants to enter in the market of Brazil. The company faces various challenges and can gain opportunities while expanding its business in new Brazilian market. In this paper the PESTL analysis along with SWOT analysis of Coles Myer is conducted and subsequently recommendations are provided for the organization for entering into the

CSR strategy Essay Example | Topics and Well Written Essays - 750 words

CSR strategy - Essay Example It emphasizes the company’s idea of mutual promotion. This involves the implementation of a strategy that not only develops the community but also turns the community into potential stakeholders to the company as clients or partners. The opinion that this paper stresses on is that it is possible for a company to turn corporate turn their Corporate Social Responsibility activities into marketing opportunities. This dispels the notion that CSR is unnecessary expenditures for organizations. Instead, CSR becomes a core agenda in the company marketing plans. In fact, without this emphasis on marketing, CSR becomes inefficient and needless for organization. 2. Support for the CSR Strategy 2.1. Areas Of Need CSR strategy in the Four Seasons Resort identifies the areas of need in the society from the environmental analysis, media information and sustainability agenda. There are three major areas of need in the corporate social responsibility: Health care services Environmental safety Education and Development The Four Seasons Resort engages in the fight against various terminal illnesses including cancer and meningitis (Pohl and Tolhurst 48). About cancer fight for example, it works with the Terry Fox Initiative in the campaign and intervention against cancer and other diseases. In their engagement in environmental sustainability, the Four Season Hotel participates in the campaign and support of environmental safety programs. For example, Deloitte Research rated it among the most recognized participants in Hospitality and philanthropic activities. This was because of its focus for sustainability beyond 2015 (Urip 34). The Hotel supports the development in Education programs by sponsoring students and education initiatives in poverty-stricken areas (Pohl and Tolhurst 42). The driving force for this initiative is the fact that the learners have the potentials to become its future clients and workers. 2.2. Sustainability of CSR Strategy The strategic plans that the Four Seasons Resort are sustainable and applicable to the present and the future generation. It is based on realistic parameters and practical evidences from the past issues. This came after the debate by the International Compact of the United Nations, about the sustainability of the environment and the development of innovation and social value. The sustainability of the strategy and its implementation is planned every year with specific budgetary allocations. The strategy is further sustained by its observation of cultural and social ethics to avoid violation of the rights and freedoms of the society. The Four Season Hotel ensures that it does not make profits at the expense of its clientele but prioritizes in the satisfaction of its clients by the hospitality and professionalism of its services (Pohl and Tolhurst 51). The hotel balances its participation agendas by alternating among the three every year. For example, if in one year it supports environmental works, the following year it does either healthcare or education program. 2.3. Example of Research and CSR Work Area Through participation in partnership with the World Bank, the Four Season Resort does trainings and workshops on CSR activities. The training is aimed at developing the society and business at the same time. The training develops capital resources from the society for the Hotel, in the sense that it receives qualified workers from the same community. From the study