SETTING UP A BUSINESS (Business and Management Fda) Essay

SETTING UP A BUSINESS (Business and Management Fda) - Essay Example h a decision, the business owner should consider his or her vision regarding the nature and size of the business, the level of control, the business’s susceptibility to lawsuits and the tax liabilities of each of the structures (Cross et al., 2009, p. 353). In our case, Clare, Jasmine and Sanjita can either decide to form a general partnership, a limited partnership or a corporation. A partnership is a business set-up that is established when two or more people bring their skills and resources together with one goal (Bagley & Dauchy, 2012, p. 287). Notably, a partnership is defined by the Partnership Act as â€Å"a voluntary association of two or more people, each contributing money, skills, labor, property or goodwill as the capital of the new firm† (UK Gov, 1980). A general partnership is a form of partnership where the partners are all fully active each with control within the business. This also makes each one of them fully liable for business debts (Emerson, 2009, p. 267). In reference to Gibson and Fraser (2013, p. 290-94), entrepreneurs would consider a general partnership because each partner has equal authority within the business. This makes each partner partake in decision making within the business. This also implies that every partner acts as an agent to the business and to the other partners. In this case, a partner can transact on behalf of the business and the other associates, thing that would legally bind them (Miller, 2012, p. 387). However, a partner is not authorized to indulge in a business that would have harmful effects to the other partners such as selling the business property without consent of the other associates, sell his or her interest in the organization or admit new partners into the business without the consent of the other associates (Law Commission UK, 2003, s.28 and 29). Another factor that would make entrepreneurs choose a general partnership is the way profits and losses are shared. Unlike other forms of business such as

International Trade Research Paper Example | Topics and Well Written Essays - 1000 words

International Trade - Research Paper Example To properly project the significance of international trade, this essay therefore has three goals: 1) to examine the aims and rationale of international trade through the examples of China and India, and lastly, 2) to compare the effects of international trade on developed and developing countries. Developed and developing countries, however, have different goals for engaging in international trade. The former, in the negative sense, aims to further their own advantage or, positively, to help the economic struggles of the latter. For their part, developing countries aim to achieve the same level of development and prosperity as the developed ones. A change from status—developing to newly developed—may also change such trade goals. Generally though, trading is for survival or for the maintenance of countries’ economies. Countries exchange goods based on resources that are abundant in one and resources that are scarce in the other. This has also been called by David Ricardo as â€Å"comparative advantage† and is one of the rationales for the existence of trade. Nation-states export goods that are produced in large quantities within the national economy, while they import goods that are either scarce or produced in small quantities in domestic markets (Husted & Melvin, 2000, pp.60-61). Regardless of the nation’s capacity, â€Å"profitability of production† is still achievable so long as there is a "comparative advantage." Although absolute advantages in the goods they produce may be absent, all economies that are operated by competitive markets have comparative advantages. Ricardo further proposes that â€Å"no country can long import, unless it also exports, or can long export unless it also imports" (as cited in Blatt, 2004). He confirms that there are benefits to be had in the import-export of goods between and among trading nations. Hence, engaging in both is â€Å"equally essential† so as to

RESEARCH CRITIQUE Essay Example | Topics and Well Written Essays - 1000 words

RESEARCH CRITIQUE - Essay Example The study is important in that the number of head injury casualties in casualty departments and minor units continues to rise. Early and proper emergency care is important as it helps to reduce potential disability and death risks. The objectives of this study were as follows; i. To identify the signs and symptoms (‘red flag mechanisms’) of severe head injury in children and adults ii. To establish levels of head injuries and categories of skull fractures iii. To establish the importance of computed tomography, after care following head injury and proper discharge. iv. To identify common causes of head injuries in children and adults v. To establish history taking techniques and their interrelations with inter-cerebral head damage and bleeding The study faces limitation due to possibility of researcher/ nurse bias when assessing injuries through history taking. The study has not provided a razor sharp research design but the flow of the report structure helps to determin e it. Research design for any study involves specifying the methods and procedures under which the study will be conducted thus giving it direction. The study employed descriptive research design which involves describing a phenomenon with a view to answering some research or health questions. The data about a phenomenon is obtained through use of questionnaires or observational guides and monitoring equipment (Taylor, Kermode and Roberts, 2006). The study through the research design seeks to describe the three categories of head injuries that include minor, moderate and severe. Under each condition the research has tried to clearly establish the diagnostics tests that should be carried out. For example, the study has specified mechanisms for establishing severity of the injury, history taking steps and observational features to look for. In advanced cases of injury the study has documented how Computed Tomography (CT) scanning can be applied. The research design also provides a fra mework for understanding the anatomy of the skull bones, how to carry out physical examination and care and advice needed during and after treatment and discharge. The study has discussed two theoretical frameworks at length that are used in physical examination of casualties with head injuries. First, Glasgow Coma Scale (GCS) theoretical framework has been discussed. The framework is suitable as it helps to standardize the assessment levels of consciousness in patients with atraumatic head injuries. The framework also helps to predict severity of the injury and any intra-cerebral bleeding. Normally, the higher the score, the less is the risk. Second theoretical framework is Alert Voice Pain Unresponsive (AVPU) model used to measure consciousness level using AVPU tool. The method is easier and less time consuming. The tool helps to establish whether the patient is [A] Alert, responsive to [V]voice and [P]Pain or [U]unresponsive. Both frameworks support the research study in that GCS helps to establish severity of the injury in a more standardized manner and AVPU helps to establish consciousness level which is critical in deciding whether to do CT scanning. In summary, both frameworks help to classify the head injuries as minor, moderate or severe. AVPU has however been contested for its reliability to establish changes in consciousness. Organization of literature search is well done and flowing. The study starts by giving an introduction on head injuries and statistics in

How does underwater birth affect neonatal health and well being Essay

How does underwater birth affect neonatal health and well being - Essay Example Naturally, this procedure of birth requires a large accumulation of water like a pool or a tub, which can be utilized as an effective receptive medium of labor (Cluett, Burns, 2011, p.2). Water birth represents a unique way of giving birth and marks a departure from the traditional labor procedure. People have been curious to know the effectiveness and success of this new process. For this purpose, there have been numerous studies and researches undertaken to find out the effects of water birth on the pregnant women and also on the newborn infants. For expectant mothers, giving birth in water is considered to a much more gentle process than the conventional labor method lying on a bed. Studies have shown that water birth enhances maternal relaxation, decreases the analgesia requirements and encourages the women to easily adopt a model of care for their newborns. However, the benefits of the water birth process on neonatal health have not yet been so emphatically established. There is still a lot of discussion and research being undertaken on the impact of water birth on the health of the babies born by this method. This literature review has attempted to examine the information available on this topic. Women from across the world often opt for water birth as this eases the process of labor. However, they should also be made aware of the impacts on this method on the health condition of the new born infants. This would help expectant mothers to make an informed decision regarding a suitable procedure of giving birth. The findings of the different reviews are expected to provide conclusive results on the relevant subject. The existing research work will be examined and evaluated to find out whether there exist valid inferences which can help expecting women to make a prudent decision regarding their own health and that of their newborn children. (Ros, 2009, p.36) The

Can the drivers of property investment deliver value in a global Literature review

Can the drivers of property investment deliver value in a global economic downturn - Literature review Example The risk was so big because the collapse of the housing bubble in the USA affected not only the valuations of homes, but also several other agencies, industries, and personnel that included but were not limited to the mortgage markets, real estate, foreign banks, home builders, and home supply retail outlets. The Case-Shiller home price index noted the largest ever drop in the prices of houses by the end of the year 2008. It was because of the anticipated risks imposed by the bursting housing bubble that President George W. Bush announced the housing market’s bailout for those homeowners who could not compensate for their mortgage debts. Economic recession and massive foreclosures of housing caused by the global financial crisis was a potential threat to the investors. When a financial crisis hits a country’s economy, it affects the value of property investment just like it affects all other industries, though there is variation between the value delivered by property i nvestment and other business options in such times. The real estate business has conventionally remained the best investment of all time, including the time of financial crisis. Knowledge of the potential drivers of the business of property investment provides the investors with a way to transform the risks into opportunities. Population Growth during Financial Crisis and Its Impact on Property Investment One of the most fundamental drivers of property prices is population change. People want to dwell in popular areas. Prices of popular areas are higher than the rest because there are more interest parties than the number of dwellings available. Prices of an area go down when the dwellings outnumber the interested parties. According to the Australian Bureau of Statistics (ABS) that conducts a census every five years to publish the trends of population growth, trends of population growth do not show abrupt changes. While the indigenous population does not show rapid changes in growth , there are other factors that contribute to the growth of population, the most important among them being the immigration rate of a country. â€Å"Things that do change population growth rapidly - and provide investors with opportunity - are changes in immigration quotas, changes in infrastructure making areas more or less attractive and accessible to live in, and changes to employment such as the booming resources industry† (Moore, 2012). During the financial crisis, there has been a decline in the rate of immigration despite the increased tendency among the governments to increase the immigration rate since every immigrant that is allowed hostage contributes to the growth of the host country’s economy. Although immigration rate is generally perceived to have negative effects on the employability of the indigenous population of a country, yet several studies have found that the long term effects of immigration are opposite of what they are generally perceived to be; immigrants increase the productivity as well as the average income (Peri, 2010b, p. 7). Immigration rate is considerably linked with the employment rate. Fig. 1 and Fig. 2 show how the rate of immigration is affected by the rate of employment in a country. Fig. 1: Variation in Immigration rate from 1995 to 2010 (Peri, 2010a, p. 3). Fig. 2: Variation in employment rate from 1995 to

Reading Recount Case Study Example | Topics and Well Written Essays - 750 words

Reading Recount - Case Study Example In most instances, different business managements believe that businesses remain profitable when they merge with other businesses, with both operating successfully. Contrary to this projection, many mergers usually end up failing, an aspect that has brought about substantive controversies between the emerging businesses. During the planning phases of projected merges, the involved parties usually concentrate mainly on the aspects pertaining to profitability the merger would bring about to both organizations without giving ado to differences exhibited by the organizations. Lack of this consideration has contributed significantly to poor performance for the merging organizations. In the case study: An Experimental Approach,† the authors bring into perspective the aspects contributing towards the failures of mergers between different organizations. In the case study, one critical aspect addressed by the authors is the idea that cultural difference plays a substantive role towards the failures experienced by different businesses involved in a merger, despite each having experienced success as individual entities. In such a prospect, it is evident that most businesses planning to get into mergers, only concentrate on aspects pertaining to profits while ignoring while ignoring other important aspects pertaining to successful mergers. In spite of the individual entities realizing success, mergers are usually associated with great failure right from of the onset of the merger.

Brand management the case of Verticon Ltd Essay

Brand management the case of Verticon Ltd - Essay Example On the other hand, it has been supported that â€Å"brands often can't justify the time and expense of developing new competencies until they are well behind the opportunity curve; successful licensing offers a way of accelerating new product development and deepening brand relevance† [1]. In other words, in order for branding to bring the necessary results, it has to be appropriately designed and developed taking into account that each particular company has its strengths and weaknesses that can be differentiated from the other firms that operate in the same industrial sector. For this reason, the brand management strategy which is going to be implemented in a particular company has to follow specific rules and, most important, to be adapted to the specific firm’s characteristics trying to promote the positive aspects of the organizational structure. Current paper refers specifically to the development of a brand management strategy for Verticon Ltd, a company that ope rates in the British market and especially in the fashion industry. The above firm operates quite long in the particular market, however the increase of the power of its competitors led the corporate managers to decide the establishment of a brand trying to enforce the firm’s performance and ‘secure’ its position in its market.