Wednesday, December 25, 2019

Differences Between Sole Proprietorship, Partnership, And...

1. Discuss in details similarities and differences between sole proprietorship, partnership, and corporation? a. Differences: A sole proprietorship is a business that has a single owner who is responsible for making decisions for the company. A partnership consists of two or more individuals who share the responsibility of running the company. A corporation is one of the most recognizable business structures and has a separate identity from the owners of the company. One or more owners may participate as shareholders of a corporation. b. Similarities: Characteristics Sole proprietorship Partnership Corporation Formation Easy to form Need to fill documentation Need to fill documentation Ownership Owner Partner Shareholder Liabilities Unlimited liabilities Unlimited liabilities Members are not liable for the debt of the company 2. Explain the following corporate finance terms: Money market: One of the sections of a financial market where securities and financial instruments with short-term maturities are traded is called the money market. Capital market: Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc. Primary market: The primary market is the part of the capital market that deals with issuing of new securities. Companies, governments or public sector institutions can obtain funds through the sale of a new stock or bond issues through primary market. Secondary market: A market where investors purchaseShow MoreRelatedEssay On Business Structure1350 Words   |  6 Pagescompany structures Sole Proprietorship, General Partnership, Limited Partnership, S/C Corporation, and Limited Liability. Which have not honored the contract and are at risk for legal actions. The various liabilities between each owner will be discussed. Which will analyze ways to limit liability and display my future business structure. Now, let’s start with A sole proprietorship which is a business owned by only one person. According to Sole Proprietorship Taxes, a sole proprietorship is the easiestRead MoreTaking a Look at Different Forms of Business1394 Words   |  6 Pagestheir situation. Sole Proprietorship Sole proprietorships are the simplest and most common form of business. This form of business is generally owned by a single owner. The advantages of a sole proprietorships are that they are easy to setup and the owner has total autonomy of day-to-day operations of the business. There are some disadvantages to forming a business as a sole proprietor. As the sole owner, the business is limited on capital and resources for running the business. A sole proprietor isRead MoreBusiness Impact Of Business On Business854 Words   |  4 Pagesknow as sole proprietorship, partnership, and corporation. Sole proprietorship is a business structure in which one can operate and work on its own. It is the most straightforward and fastest approach to set up an operation. Many sole owners do business under their own name and many others like to use fictitious names such as Steve s Hair Salon. The fictitious name does not create a separate entity from the sole proprietor. It is just an appealing name given to the customers. Becoming a sole proprietorRead MoreThe Business Structures Of The United States1729 Words   |  7 Pagesmarket economy are sole proprietorship, partnership, corporation, and Limited Liability Company. These business structures are the most popular business structures in the United States due to their great amount of success, but they all have their own positive and negative qualities. When founding a new business, there is always one question that arises: Which business structure is the most efficient? The oldest and basic business structure of all time is the sole proprietorship structure. It is alsoRead MoreLegal Forms of Business1415 Words   |  6 Pagespractical considerations. To understand more about the different forms of business, it is important to consider the right structure for the business (Legal Forms, 2006). Sole Proprietorship A sole proprietorship simply means a business with one owner. With many forms of organizations out there, this is the most common. In a sole proprietorship, a business organization is not separate from its owner, just under a business name in which the owner represents him or herself to the public (Lee, 2011). ScenarioRead MoreDifferent Forms of Business: Exploring Definitions and Scenarios1029 Words   |  4 Pagesof these differences, as many individuals immediately understand upon making purchases that buying groceries from a fall family-operated grocery store is far different than purchasing a new television from a nationally-operated chain. While many people understand that certain differences between these types of businesses exist, it is far less common for an individual to understand the specifics. The world of business is vast and varying, containing categories such as the sole proprietorship, the partnershipRead MoreBusiness Impact Of Business On Business858 Words   |  4 Pagesknow as sole proprietorship, partnership, and corporation. Sole proprietorship is a business structure in which one can operate and work on its own. It is the most straightforward and fastest approach to set up an operation. Many sole owners do business under their own name and many others like to use fictitious names such as Steve s Hair Salon. The fictitious name does not create a separate entity from the sole proprietor. It is just an appealing name given to the customers. Becoming a sole proprietorRead MoreEssay Purpose Of Financial Statements1020 Words   |  5 PagesStatements of businesses from different sectors of the economy A  partnership  is an arrangement in which parties agree to cooperate to advance their mutual interests. A business organization in which two or more individuals manage and operate the business. Both owners are equally and personally liable for the debts from the business. CHARACTERISTICS OF PARTNERSHIPS The characteristics of partnerships are different from the sole proprietorships already studied in basic accounting. Some of the more importantRead MoreFinance Management Overview Essay examples1186 Words   |  5 Pagesorganize as a corporation rather than as a sole proprietorship or a partnership? a. Corporations generally face fewer regulations. b. Corporations generally face lower taxes. c. Corporations generally find it easier to raise capital. d. Corporations enjoy unlimited liability. e. Statements c and d are correct. Firm organization Answer: a [ii]. Which of the following statements is most correct? a. One advantage of forming a corporation is that you haveRead MoreSmall Business Idea1521 Words   |  7 Pagessuited for his or her product or service. There has to be consideration with legal, tax, accounting, and other implications when selecting from the four business types. This paper will explore the advantages and disadvantages of sole proprietorship, corporation, and partnership. This paper will attempt to discuss account financial statements applicable to various forms of business, consequences associated with each form of business (e.g. legal and tax implications, and accounting implications, such as

Tuesday, December 17, 2019

Intellectual Property and the Future of the Music...

Corruption, Conscience, and Copyright: The Current State of Intellectual Property and the Future of the Music Industry â€Å"Today’s pirates operate not on the high seas but on the Internet, in illegal CD factories, distribution centers, and on the street. The pirate’s credo is still the same--why pay for it when it’s so easy to steal? The credo is as wrong as it ever was. Stealing is still illegal, unethical, and all too frequent in today’s digital age. That is why RIAA [Recording Industry Association of America] continues to fight music piracy.† – RIAA.com The human conscience is a powerful tool. And if you are like most Americans, you probably consider yourself to be a rather moral person, at least based upon your own morality,†¦show more content†¦But why, then, do millions of Americans continue to download copyrighted material from the internet? Perhaps, despite legal prohibition, most consciences do not consider it immoral. And perhaps these millions of American consciences are correct. Let me make it clear, there is no doubt that property rights are a necessary feature of a successful economy. This certainly includes intellectual property rights, which ensure quality and consistency for buyers, and secure incentives for continued production by the sellers. However, intellectual property rights are inherently more abstract than rights concerning physical property, and there has always been a legally interpreted grey area concerning intellectual property. Intellectual property, unlike physical property, is non-rival. If a good is rival, it means that one person’s use of the object will diminish another person’s use of that object, as in the example of an apple: one person’s eating of an apple will diminish another person’s ability to eat that apple. Intellectual property, on the other hand, is not rival, meaning one person’s use will not diminish another person’s use. For example, one person’s viewing of a painting will not diminish another’s experience of that painting, or one person’s listening to a song will not diminish the experience of another person listening to that same song. The non-rival nature ofShow MoreRelatedCopyright And Public Domain Within The Entertainment Industry907 Words   |  4 PagesCaitlin Davis Project Proposal Assignment Dr. Fox-Horton 19 February 2017 Copyright and Public Domain within the Entertainment Industry What aspects make up intellectual property? How is it protected? According to Leslie Ellen Harris, it is important to shed light on just what copyright is. She writes, â€Å"Section 102 of the U.S. Copyright Act states the following: In no case does copyright protection for an original work of authorship extend to any idea, procedure, process, system, methodRead MoreComputer Gateway : Direct Competitor Essay765 Words   |  4 Pagesand Kompoz †¢ Music Gateway - Direct competitor Music Gateway was established in 2011 in London, which is an online marketplace connecting the creative world and music professionals. Their platform allows users to create and pitch on projects that match their exact needs. We have many things in common with Music Gateway such as we are all online marketplace; we have the same focus field, music industry; we want to provide service which can facilitate the development of music industry etc. HoweverRead MoreImpact Of Intellectual Property Theft And Copyright Infringement1389 Words   |  6 PagesThis report will examine the impact of intellectual property theft and copyright infringement upon the company Music and Film Innovators. I will obtain statistical data that shows what, how, and who is responsible for these thefts. I will also provide viable solutions and recommendations to Music and Film Innovators (MFI) in order to reduce the company’s exposure and subsequent losses. I will provide various ways that Music and Film Innovators creations and personnel data can be protected soRead MoreThe Ethical Requirements Of Sharing Music1613 Words   |  7 PagesFederal Phonographic Industry, European Broadcasting Union and the International Federation of Musicians represented the three interests. These finally gave birth to the Rome Convention. Copyright is protected in different Articles of the Convention. Just to highlight one of them, Article 7 provides that performers are to be given rights that prevent broadcasters from communicating the information to the public. This is congruent with the ethical requirements of sharing music. It also prevents performanceRead MorePiracy, The Intellectual Property Rights Of The Recording Industry Association Of America1285 Words   |  6 Pages 1 Piracy is defined as illegally acquiring a private property, in this case, music, without paying for it. Piracy, therefore, violates the intellectual property rights of the recording companies, together called Recording Industry Association of America (RIAA). The intellectual property right being violated at hand is the copyright laws that the RIAA have. The biggest problem that the RIAA has with this violation is that they believe their sales are declining because of piracy. In fact, theRead MoreHe Advantages and Disadvantages of Intellectual Property in the Digital Age.1461 Words   |  6 Pagesand disadvantages of intellectual property in the digital age. Intellectual property is an umbrella term that covers copyright, patents, trademarks, designs, and confidentiality and trade secrets. Each of these terms covers a different type of property that is made up of knowledge. Many of these terms cover physical objects, however it is the idea behind them that counts and needs to be protected. The growth of the Internet has put pressure on traditional intellectual property protections such asRead MoreThe Legal And Economic Concerns Of Copyright Laws1689 Words   |  7 Pagesthe entertainment industry. Finally, it will conclude with a look at how a hypothetical system without copyright laws would function. The World Intellectual Property Organization is an international organization whose purpose is promoting innovation and creativity by ensuring that the rights of owners of intellectual property and creators are globally protected, and that authors and inventors are thus rewarded and recognized for their ingenuity.[1] The term intellectual property refers to the creationsRead MoreThe Importance of Copyright1614 Words   |  6 Pagesreserves the right to resell the materials at some point in the future. Since the research materials are provided to you by human beings, and may be based on numerous sources, it is strongly recommended that you conduct independent research to verify that all information is complete and accurate before referencing the material. This reminder does not contain all of the terms and conditions that govern your purchase The need to copyright Introduction Read MoreEssay on Napster: From Illegal Weapon to Killer Application855 Words   |  4 PagesAmidst the hot debate about whether or not music should be free, are ethical and moral considerations as well. The emergence of digital entertainment, whether MP3, peer-to-peer (P2P) applications, video streaming, or audio books, has caused an inevitable shift in the entertainment market (Weiss, 2006). Napster rapidly became a success when it started allowing its customers to download MP3 music free of charge. In fact, Napster’s form of file-sharing shifted the entertainment market from a commodityRead More Copyrights: Intellectual Property and Technology Essay1535 Words   |  7 PagesCopyrights: Intellectual Property and Technology The Government and many other agencies around the world are continuously at work to improve protections for intellectual property rights and the enforcement of intellectual property laws. In today’s age of digital madness, passing legislation and actually enforcing of those laws becomes a very daunting task. However, the protection of intellectual property has both individual and social benefits. It protects the right of the creator of something of

Monday, December 9, 2019

Female Business Graduates in the UAE-Free Samples-Myassignment

Question: Discuss about the Empirical Study of the Influence of Mentors and Organisational Climate on the Ethical attitudes and Decision making of the National Female Business Graduates in the United Arab Emirates . Answer: Introduction: The issues related to the reports of unethical behaviour have become very common in the Middle East as well as in other parts of the world. There have been reports of ethical orientation changes in the people of the UAE. There has been a drastic transformation in terms of a change from a conventional society of farmers and fishermen to a modern and majorly commercialised and industrial society. Several studies have examined the effect of mentoring on the ethical choice of professionals. The generation differences in the representation of ethics have been mentioned as it is believed that the new generation corresponds to new ethics. It is also mentioned that for an extended period of time the wrong notions or the beliefs which have been held about women have not changed much and continue to remain within the society. The aim of the report is to fill certain differences in the ethical values and the attitudes by investigation of the ethical concepts as perceived by the young Emirati wo men. The issue addressed in the article: There is a shortage of workers in the UAE and therefore it is largely dependent on the expatriate workers and according to the reports and statistics the majority of the UAE population comprises of expatriates. The working culture of the UAE is multicultural by nature. The number of educated women has increased immensely from the almost non-existent number (Abdalla, 1996). At the present scenario the women are encouraged to become highly educated and to encourage this free education is provided at all levels which lead women to take up the most influential and managerial roles. The issue of the existence of the individualism-collectivism dichotomy is discussed which mentions about the contrast between the individual and community views. It has been discussed that the ethical orientation and the impacts on the ethical evaluations are also discussed (Dellaportas et al., 2005). The main points highlighted in the study: There have been certain hypotheses which have been discussed in the study. The first hypothesis states that there is an optimistic relationship between the level of National female graduates ethical orientation and NFGs other attributes like the seriousness of an unethical situation, he ethical evaluation of the ethical behaviour, the behavioural intention, the choice or selection of professional advice and choice of more ethical decision. The second hypothesis states that there is a noteworthy positive relationship between the NFGs and mentoring support (James Mcmanus, 2017). The facts regarding the seriousness of an unethical situation, the behaviour of higher colleagues in this case is the professional bodies for advice, ethical behavioural intention and the choice of more ethical decisions. The third hypothesis relates to the positive relationship between the NFGs perceptions of standard and the seriousness of unethical situations, the evaluation of ethical behaviour of senior c olleagues, the ethical behavioural intentions in several cases and so on (Yousef, 2000). The research methodologies which have been used: The sample has been collected based on the students of a female only campus of a government university in the United Arab Emirates. The graduating business students were surveyed before and after their internships. The students were asked on their experiences by the questionnaire method of survey. The ethical behaviour and the ethical scenario of the respondents were discussed in the first section, the next section relates to the NFGs formal and informal mentoring relationships (Salloum, 2003). The regression analysis conducted on the data collected is to check the relevant hypothesis related to the data. The set of hypothesis put forward a positive relationship between the female graduates perceptions of support and mentorship and their seriousness towards an unethical situation. The patterns of the female candidates thought processes have been analysed in this particular scenario. The factors which involve the decision making of the female graduates need to be understood for furthe r study which is the aim of the assignment (Whiteoak, Crawford Mapstone, 2006). Key findings and possibilities of future research: The tests which were conducted in order to understand whether there were anomalies between the pre and post internship responses with regard to the seriousness of the issue as well and the assessment of the decisions. The key findings show that there is a positive influence of the mentors on a protgs perceptions regarding certain norms of ethical behaviour. There is also an indicated significant relationship between the career development and the decision of the interns. There is the influence of the peers on the new professional employees based on the behavioural patterns of the individuals. The perception of the workplace scenario also impacts the students behaviour in the workplace (Yousef, 2000). Conclusion: The students behaviour is influenced by the attitudes of the mentor and the peers and their perceptions of right and wrong are also influenced by their attitudes. The explanation of how a students mind works is beneficial because the companys or the organisations get benefited from the prior knowledge of the scenario related to the workplace. Further investigation needs to be carried out in order to understand the ethical issues. The different value systems and the enhancement of the work scenario is important. The organisations need to frame the work scenario in such a way that the ethical standards are maintained and the concerns of the individuals need to be looked after. The other impacts namely the impact of the university curriculum and other factors need to be evaluated. The sample size of the conducted study is less so further investigation needs to be conducted with a larger sample size. The ethical decisions ad behaviour is a very important issue in the educational as well as workplace scenario. The inclusion of the ethical education in the curriculum is an issue which needs proper amount of consideration. Some amount of future research needs to be conducted before a proper conclusion can be drawn. References: Abdalla, I. A. (1996). Attitudes towards women in the Arabian Gulf region.Women in Management Review,11(1), 29-39. Dellaportas, S., Gibson, K., Alagiah, R., Hutchinson, M., Leung, P., Van Homrigh, D. (2005). Ethics, governance and accountability.A Professional Perspective. Milton: John Wiley Sons Australia, Ltd. James, W Mcmanus, L. (2017). An Empirical Study of the Influence of Mentors and Organisational Climate on the Ethical Attitudes and Decision- Making of National Female Business Graduates in the United Arab Emirates. . Salloum, H. (2003). Women in the United Arab Emirates.Contemporary Review,283(1651), 101-101. Whiteoak, J. W., Crawford, N. G., Mapstone, R. H. (2006). Impact of gender and generational differences in work values and attitudes in an Arab culture.Thunderbird International Business Review,48(1), 77-91. Yousef, D. A. (2000). Organizational commitment as a mediator of the relationship between Islamic work ethic and attitudes toward organizational change.Human Relations,53(4), 513-537.

Sunday, December 1, 2019

Isolation and Capital Punishments

Isolation and capital punishments are both social evils. Isolating people deprives them the right to stay with their families, and limits their freedom of movement (Samaha 418).Advertising We will write a custom essay sample on Isolation and Capital Punishments specifically for you for only $16.05 $11/page Learn More Besides, isolated persons seem to acquire brain disorders in the end and they become obliterated socially. On the other hand, capital punishments such as deaths deprives of people the freedom of life and goes against God’s command which disallows intentional killings of persons, or murder. Human beings need interaction with other people due to their social nature. Harlow used monkeys to study impacts of social isolation by raising these monkeys in a nursery. He concluded that neglected and orphaned children experience psychological damage, similar to monkeys. Therefore, he showed that children need nurturing for proper functioning of their brains (Gawande par. 9). Experiments on human adults also show similar results. Long distance sailors, who only communicate through videos report high levels of loneliness that destroy their souls. Anderson, a chief Middle East correspondent, missed people terribly during his confinement. He dozed off and yearned for any form of activity during the day. Later, he began trembling and he feared to lose his mind. Eventually, Anderson lost his mind and he began beating his forehead against the wall. Proponents of long-term isolation in prisons argue that it prevents violence and offers discipline (Gawande par. 13). When prisoners disobey rules by engaging in drugs and attacking correction staff, wardens have no choice but to offer penalty in efforts to contain the behavior (Gawande par. 13). Therefore, proponents label isolation as unavoidable and term all those that fail to support this idea as naà ¯ve. In America, the number of prisoners in isolation is quite high. America beli eves that confining prisoners together increases violence due to overcrowding. Besides, some criminals are just too dangerous for common housing. Britain tried solitary confinement of prisoners, but it failed as violence in the cells increased.Advertising Looking for essay on social sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More Alternatively, Britain adopted a system of preventing violence in prison instead of offering more punishments. They presented violent prisoners with more control by offering them opportunities for work, education as well as special programming (Gawande par. 72). Britain found out that prisoners who were extremely violent in one area behaved perfectly well in other areas. In the same way, Felton, a psychosis who faced confinement at some point, argues against solitary confinement. Capital punishment, similar to isolation, is also evil. Death penalty is certainly wrong, since every human being has a right to life. Besides, governments attain moral authority from God and thus, should not break His command against murder and avenge (Scalia par. 13). No person has power to avenge by death, as this is a divine responsibility. Besides, most crimes that lead to capital punishments are less likely to come from the same offender for a second time. For instance, domestic murder that results from passion is unlikely to come from the same person for a second time. Nevertheless, involved persons undergo life imprisonment just as a form of punishment, or justice. Clearly, this is vengeance, which is against the will of God. Besides, such persons are not likely to gain from any form of rehabilitation offered in prisons. Rather, imprisonment will just make them to lose their minds due to loneliness experienced in isolation. The main reason behind punishment inflicted by the society is to rectify disorder that results from the offense. However, it is obvious that capital punishment hardly defends the s ociety, or corrects disorder. The structure of the word’s penal system has seen much upgrading to include cells that are very clean, meals planned by nutritionists, rooms for exercise and even allows visits by partners. This arrangement of just retribution does not prohibit evil acts, as people are not afraid to face reprimand with these conditions. The penalty of death is wrong, as no government or person has moral authority over life. The main force behind modern hatred to the death penalty is comparing government morality with personal morality. This is plain due to contemporary democratic governments.Advertising We will write a custom essay sample on Isolation and Capital Punishments specifically for you for only $16.05 $11/page Learn More The catholic religion, for instance, allows death penalty if it makes prudential considerations However, it becomes difficult to know when such considerations are prudent. The Catholic Church disallows mate rs such as abortion and birth control totally, yet considers death penalty as just and right in some occasions. In conclusion, both isolation and capital punishments are social evils. Isolating prisoners causes psychological damage and does not stop violence, or discipline them as expected. While proponents of isolation label it as unavoidable, a country like Britain has adopted a system of preventing violence in prison, and not practicing isolation. Violent prisoners get more control through opportunities such as work and education. Similarly, capital punishment in the form of death penalty is wrong, as life is divine. Besides, death penalty does not prevent crime, as same offenders never commit most crimes that lead to capital punishments. In addition, death penalty for vengeance is unjustifiable according to biblical doctrine. Therefore, societies should ban capital punishments and try other ways of handling persons who commit serious offenses. Works Cited Gawande, Atul. Hellhole : The United States holds tens of thousands of inmates in long-term solitary confinement. Is this torture? The New Yorker. 30 Mar. 2009. Web. Samaha, Joel. Criminal justice, Belmont, CA: Thomson/Wadsworth, 2006. Print. Scalia, Antonin. God’s Justice and Ours. Issue Archive. May 2002. Web. This essay on Isolation and Capital Punishments was written and submitted by user Maya Pierce to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.