Changing of Women Rules in Global Business Essay Example for Free

Closed and Open Macro-Economy Systems Free Essays

Shut And Open full scale economy Systems Todd Gray ECON224-1204A-04 Macroeconomics American Intercontinental University-Online In today’s business world it is essential to comprehend the distinction between an open and shut Macroeconomic framework. Each time you go out to buy a decent or administration you should know about how your well deserved cash is being dispersed over the financial framework. There are two sorts of frameworks that I will examine an open framework and a shut framework. We will compose a custom article test on Shut and Open Macro-Economy Systems or on the other hand any comparative theme just for you Request Now Shut System: In a shut framework the cash is up to speed in a roundabout stream and is viewed as a shut framework. When taking a gander at the deterred framework you will see right that solitary the residential trades are tallied and the remote specialists are not checked inside the shut framework. In a shut framework there ought not be any holes because of the way that there are no outside specialists, government, or an arrangement of reserve funds or ventures. Moreover in a shut framework there are no charges, investment funds, or import consumptions that are not come back to the economy. At the point when take a gander at instances of a shut economy you don’t need to look far to locate a genuine model is the Amish they produce all of what they require and just work together inside their locale there is no type of reserve funds or expenses inside the monetary framework. The merchandise and enterprises are made of home developed materials and there is no imported materials utilized inside the shut framework. This is an extremely little framework yet a genuine case of the shut framework at work. The inward stream in a shut framework works in the accompanying way. Merchandise and enterprises are conveyed from the production lines to the buyer and the land work and capital is given by the shoppers to the manufacturing plants. The external stream in a shut framework works in the accompanying way. Customers give the cash to the processing plants and the manufacturing plants give the wages and rentals to the shopper. Open framework: In an open financial framework the great and administrations are tallied that are traded both locally and between countries. One significant distinction is the presentation of breaks which can infuse cash beyond any confining influence framework. The cash originates from the administration, family units and firms from the outside nations that are exchanged with. Another kind of Leak is the merchandise and enterprises that the administration buys like structure materials and office products for instance. The last sort of hole is the cash that family units spare it very well may be through financial records or spared inside the securities exchange and reinvested to expand the estimation of the cash. In an open framework there are a couple of ways that an infusion of money can occur and they are as per the following. At the point when remote firms send wages to the United States firms and send lease installments for outside specialists remaining in the United States this makes an infusion inside the framework. The following kind of infusion happens when remote family units buy products and ventures from the United States that have been delivered by the American organizations. In an open framework the external stream is as per the following: The industrial facilities pay the workers the wages that they use to pay the rentals then the individuals that purchase the items delivered by the plants the processing plants at that point utilize those assets to remain underway. The internal progression of the open framework fills in as follows: The individuals purchase the merchandise and ventures and the manufacturing plants utilize the cash to buy land to fabricate more industrial facilities so as to accommodate the individuals who are buying the items created. In this equivalent inward circle the administration gathers charges from the individuals and the manufacturing plants which is then infused over into the economy. Open administrations are given to the individuals and the industrial facilities in return for the money. An individual case of a spillage would be for myself to take the wages paid to me by my work environment and spots those wages into a bank account and not use them to buy products and enterprises. An individual case of an infusion would give a rental loft to an outside laborer who is getting the lease cash from the remote nation. At the point when I utilize this cash to purchase merchandise and ventures gave in the United States it infuses that cash once more into the economy. References http://www. wisegeek. com/what-is-a-shut economy. htm Instructions to refer to Closed and Open Macro-Economy Systems, Papers

How to Write a Sample Essay for IELTS

How to Write a Sample Essay for IELTSIn order to understand how samples essays for IELTS works, it is necessary to be familiar with the format of the test. There are three sections in IELTS, namely Reading, Listening and Speaking, each of which consist of fifty questions.Reading section is subdivided into five paragraphs and five questions each. The questions for the first paragraph is all about what was read. In the second paragraph there are six questions, while the questions for the third paragraph are all related to the reading material.Questions are also included in the third paragraph, where they ask about the tone and content of the writing. Questions in the fourth paragraph include the style of writing, whereas the fifth paragraph asks questions about the grammar.Speaking section is divided into three blocks and the question in each block consists of five lines. The line is a specific question related to the information that is asked by the test taker. The question contains t he word 'who' followed by an answer.Questions also take care of what the author is saying and whether the information is relevant to the topic. The final part of the speaking section asks about the timbre of the speaker.In order to make the essay more effective, you can make sure that your essay is of great length. By doing this, you not only make sure that your paper is well-written but also make sure that it is convincing and interesting.If you are having trouble finding samples essay for IELTS, you can try searching on the internet. There are many writing samples that are free, so there's no reason why you can't start writing.You must be very careful with your spelling and the correct punctuation, since these are things that can really make or break your essay. Being attentive to details is also a good way to write well.

Essay on Graduation Speech - 688 Words

High school. I never realized it would bring so many changes. As I walked on to campus my freshman year, my mindset was the same as it was in eighth grade; the young are invincible. And although I was excited to come to high school I had many fears. Would the classes be too hard, would I make new friends, what could I become involved in, and most of all -- what if I get lost? All of these fears eventually subsided and I, along with all of you, found the right classes and the right teachers. We all made new friends. We all got involved in something. During my freshman year, innocence surrounded me and although eventually my shell would crack, not until this year have I broken through. This year I decided that it is time to soar on my own.†¦show more content†¦Jacki and Shaun will always be a part of the class of 1997 and we will never forget them. Now that graduation night is here, I look back and value who each one of us has become, I realize experiences make us who we are and that they are a necessity to grow as an individual. Many of us have attended school together for 13 years, others only one year. Our friendships have been made and now we go onto the next phase in our lives, realizing that no friend is ever gone; our friendship will always be with us, no matter how far away we are from each other. As friends change, so now will our lives. Next year and from here on out, many changes will be taking place in your lives. College, work, the military and for some marriage. We will all grow and change, all having different destinations in life but security comes with the personal expectation of who we will become. We all have more evolving and growing to do before we reach our goals, but graduation places us all closer. Our personal growth is in each of us as individuals. As we look at ourselves, we realize that high school is really only a small link in the large chain of life. Progression is within each of us and will occur; yet graduation does not end that progression. Graduation just gives us that big push into the world, to realize our potential. As we soar with our own wings, as independent Seagulls, and begin on the journey ofShow MoreRelatedGraduation Speech : My Graduation Essay1022 Words   |  5 Pages My Graduation A Graduation ceremony is one of the major steps in life, it marks the start of new changes in our lives. It ushers us into growing up and be responsible for our actions. It marks a new dawn of embracing life experiences, cultivation of good work ethics and eventually culminates in chasing our dreams. On my graduation day, I woke up to the sweet aroma of the breakfast my sister was making. I sat down to eat when the food was ready. It took me about 2 hours to finishRead MoreGraduation Speech1128 Words   |  5 PagesSasenarine Tomby Graduation Speech 2011 Good afternoon [name of members of the head table], teachers, parents, students, fellow graduates and distinguished guests. I must first and foremost thank God for this blessing and honor to stand before you today as Valedictorian of the Class of 2011. Yet, today is not only my day to shine. Every graduate present here is deserving of high praise and recognition and I would like to congratulate each of you on reaching this milestone in life. IRead MoreGraduation Speech650 Words   |  3 PagesCongratulations everyone, congratulations. If youre participating in this graduation ceremony, youve taken the next step toward your future goals and dreams. For those of you that just finished your transfer degrees, congratulations. To those of you that came back to school after a few years off to get a better education, congratulations. To those of you that came to get a certificate or learn IT or computer programming so you can get a better job, congratulations. Now that youre moving onRead More Graduation Speech Essay1010 Words   |  5 PagesLadies, gentlemen, parents, friends, family, staff, fellow students: Instead of taking up more time and reading my speech, it is available to you at http://www.olen’s_speech.com. Thank you. No, just kidding. But seriously folks... Today we are gathered here to celebrate our graduation from 12 long years of schooling. The education granted to us has been a privilege. One so graciously given to us by the citizens of our state, by our community, and by our parents. Today would not beRead More Graduation Speech Essay1009 Words   |  5 Pagesyou might ever sit through. Most of us, though, and I regret that I am in this group, will sit through many more ceremonies -- ceremonies longer and more tedious that this or anything else you can imagine. If you think this is bad, try a college graduation. Think, that is, attend a wedding. And, if just for a moment you think that that is bad, just be thankful you have never attended or will attend a Bar Mitzvah. The only ceremony I think anybody would truly enjoy attending is a funeral. But, onlyRead MoreEssay on Graduation Speech830 Words   |  4 Pagesthe senior class president. A few weeks ago, I was told that I would be speaking at graduation. I was asked to put together a speech for tonight -- Ive become experienced at speech writing over the past couple of weeks. The speech that you are hearing is the fourth one Ive written, the recycle bin needs to be emptied at home and I need a new highlighter. Thank you, Mr. Mier, you get an A+ for your help as my speech teacher but an F for saving trees. Tonight Id like to talk to three groupsRead MoreAn Example of a Graduation Speech653 Words   |  3 Pageswriting papers, doing homework, taking an occasional pop quiz, and of course taking countless exams, it is that time that we all anticipate†¦Graduation! Purpose Statement: Since the majority of us are seniors, and graduation is a little less than a month away, I am going to provide you with some historical background information and some fun facts about graduation in order to make the occasion even more meaningful than it already is. Road Map: Most of you could probably agree that high school wasRead More Graduation Speech Essay1516 Words   |  7 Pagesstudy abroad, and with the great help of the Turner family, Ms. Joy Fitzpatrick who is the international student program coordinator, and my parents, I entered America as an international student on March 11, 2001, only one week after my high school graduation in Japan. It seems as though yesterday when I saw my host mom crying at the airport to see me landed to America safely, as if she were welcoming back her own daughter. I still recall the very first class I took. I was so scared and nervous thatRead More Graduation Speech Essay1115 Words   |  5 Pagesthis graduation speech, several people suggested including a profound quote offering â€Å"encouraging advice to the young graduates†, and then there were others who said, â€Å"eh don’t worry about it, no one listens to those anyway.† Fortunately, I was actually able to take from both suggestions and found a happy balance. You see, I won’t tell you today to: â€Å"Dare to dream† or â€Å"Find your own vision† or even to â€Å"Strive for excellence,† or any trite clichà © that’s ever been said in a graduation speech. SoRead More Graduation Speech Essay560 Words   |  3 PagesWhen they were trying to find someone to give this speech they first asked the most intelligent, smart person they could find. But she turned them down. So then they asked the most beautiful, lovely, attractive person they could find. She also turned them down. Next they asked the nicest, sweetest, kindest, most sincere person they could find. Then I decided it would be rude to turn them down three times in a row, so here I am. How many people here like tomato soup? Come on, raise your hand if

The Battle Of Nassau The American Revolution - 1183 Words

Battle of Nassau The American Revolution war was sanctioned by the former British settlers who wanted autonomy from British Rule. The revolution itself was a culmination of years of heavy taxation and exploitation by the British loyalists. It was the expansionist ambitions of the British Empire that caused it to lose the grip on the American sub continent (Scanlan, 2015, Para. 2-4). The British had embarked on a serious expansion of its empire through the acquisition of colonies in Africa and Asia. The thirteen colonies revolted against the British rule and founded the United States of America. It is important to note that this independence struggle was brutal and both parties suffered heavy casualties. The battle of Nassau can be considered as one of the greatest independence battles in the history of the United States. This paper will critically analyze the battle of Nassau from its onset to completion and the circumstances surrounding the raid on Nassau Island. In the year 1776, the independence movement was almost brought to a halt by the lack of gunpowder, which is an essential ingredient in any war. Congress provided George Washington, the new Commander in Chief with only 40 barrels of gunpowder, far less than what he had asked for (Kilgore, 2013, p.367-372). The revolutionists needed more firepower to counter the British troops that were well equipped and handsomely endowed with all the necessities of war. It was this desire to acquire the vital gun powder thatShow MoreRelatedContinental Marines Essays1245 Words   |  5 PagesRobert Mullen, was so successful at recruiting people into the Marines, that he was commissioned as a Captain and is now known as the first Marine Corps Recruiter. The recruited Marines were soon called to action. Although they mainly fought naval battles during the Revolutionary war, they distinguished themselves from British Marines by undertaking the then unorthodox missions of landing parties and other services on land. One preferred tactic of the sharp shooters was to hide among the rigging andRead MoreBurma Road Riot 1942 Essay2273 Words   |  10 PagesThe Burma Road Riot The 1942 riot in Nassau was a short-lived spontaneous outburst by a group of disgruntled labourers, and occurred against a background of narrow socio-economic and political policies. Quoted from The 1942 riot in Nassau: A demand for Change? by Gail Saunders.   The construction project promised a relative bonanza for the local unemployed, a chance to sell their labor for something like the rates they knew were normal on the mainland ... Unknown to them, however, the BahamasRead MoreWar As A Fundamental Way Of War1247 Words   |  5 Pagestraining were an integral part of infantry training and the basis for Western armies’ success. Drill and discipline were necessary for several reasons: to build muscle memory, improve combat effectiveness, and keep soldiers fighting. Maurice of Nassau and his cousin discovered drill as a method to instill discipline by drilling soldiers daily with tactics taken from the Roman models. He emphasized order, drill, discipline, and flexibility on the battlefield. Drill and discipline were necessaryRead MoreThe Battle Of The Marine Corps1858 Words   |  8 Pageswere modeled after, the first American Marines functioned as ships’ guards and the nucleus of ships’ landing parties for ra ids on harbors and other coastal sites (para. 3).The early life of the Continental Marines was not an exciting one, nor was it very sought after. In all, there were 131 Colonial Marine officers and probably no more than 2,000 enlisted Colonial Marines (para. 3). In 1765, the Colonial Marines took part in their first war that was the American Revolution. Merrill Fabry, writing forRead MoreApush Timeline 1607-17754368 Words   |  18 Pagesneeded to send over. At first they sent over gentlemen who did not work, but then they realized they needed farmers. Results of the Jamestown colony included the fact that this was essentially the beginning of the English relations with the Native Americans, or â€Å"Indians.† Also, Jamestown was a society that the rest of the colonies would try to model themselves after. Jamestown was created to help the economy of England. They did not find gold at first, but when the discovered tobacco in 1617, Jamestown’sRead MoreMoving West : The Western Frontier Essay2220 Words   |  9 Pages Moving West The Western Frontier Most western pioneers during the second quarter of the ninteenth century were American-born whites from the upper south and midwest. Only a few free African Americans joined in the migration. Most of the pioneers who made their way west on the Overland Trails traveled in family groups. By 1845, some 5,000 people were making the six - month journey annually. The Discovery of gold in California in 1848 brought some 30,000 pioneers along the oregon trail. By 1850,Read MoreHitlers Silent Rise to Power Essay2675 Words   |  11 Pagesorder to expel Austria as the primary influence over these smaller German states, war was inevitable. Subsequently following the war, also known as the Seven Weeks War, Bismarck extorted the small German states of â€Å"Schleswig, Holstein, Hanover, Hesse, Nassau, and Frankfurt, which created the North German Federation† (Schmidt, 2006). Even more importantly, Austria was successfully displaced as the major influence over those small German states. Bismarck’s next calculated move was to achieve the same unificationRead MoreAlexander Hamilton3006 Words   |  13 Pagesopportunities for regular schooling. However, he possessed a commanding knowledge of French, due to the teaching of his late mother. This was a very rare trait in the English continental colonies. Hamilton was first published in the Royal Danish-American Gazette with his description of the terrible hurricane of August 30th, 1772 that gutted Christiansted. Impressed by this, an opportunity to gain his education was provided by family friends. 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Sustainability Development Reporting in Accounting

Question: Discuss about the Sustainability Development Reporting in Accounting. Answer: Introduction BHP Billiton headquartered in Melbourne, Australia is identified as a leading Anglo-Australian multinational recognized in the fields of mining, petroleum and metals. It has been further seen that the different types of the activities which are performed by BHP Billiton has been clearly seen and understood in terms of the discovery, acquisition, development and several activities concerned to the marketing of the natural resources all over the globe. Some of the major initiatives taken by BHP Billiton have been seen in terms of the different types of the consideration, which has been made and held responsible for the different types of the activities made in form of the development, production, and marketing oil and gas products. It has been further seen that the main operation location of the company has been seen in terms of in the Gulf of Mexico, Western Australia, and Trinidad and Tobago (BHP Billiton. 2017). In the recent times, it has been seen to be important that the different types of the aspect related to the value and the sustainability has been seen in form of gaining a significant importance. In terms of the sustainability, BHP Billiton has been seen to ensure and integrate health, safety, environmental, social and economic factors. It has been further that the different types of the other initiatives has been seen on terms of the making sure that the company is being able to handle the different types of the material risk which are seen to be related to people, suppliers, contractors and the communities. In several other aspects the company has been seen to ensuring that the different type of the sustainability factors such as ensuring the health and safety of the people of the aforementioned communities. Identification of the current social issues As the company is mainly involved in the in the fields of mining petroleum, mining and metals there have been several types of social issues been identified which calls for the need of sustainability reporting. The present social problems in line with the activities, which are being carried out in BHP Billiton such as: Air emissions and air quality The Company needs to put an augmented focus in terms of the highlighting of the different issues, which are seen to be related to the quality of emissions, which are being released in the production of the petrochemicals. Energy use and conservation BHP Billiton has been seen a major company responsible for the use of the energy for the production of mining, petroleum and metals. Wastewater and water quality These activities are directly seen to be in line with the different types of wastewater released from the mining activities. Water use and conservation- Similarly the mining activities have been directly seen to be in line with the different types of the use of the water and hence the company should work for the conservation of the same. Hazardous materials use The use of the different types of the hazardous materials which is needed for the production of the metal and this has been seen to be in line with the sustainability reporting of the company (Bhpbilliton.com. 2017). Current state of the sustainability reporting for BHP Billiton The present state of the sustainable reporting of the company has been seen in terms of the carrying out of the sustainability operations, which is focused towards reducing the environmental footprint, aimed towards the people, communities health and safety. The objective has been seen in terms of creating a long-term environmental and social value for the company. It has been further seen that the broad categories of the socio economic action, which has been taken by the company, are seen in the fields of Social organization Infrastructure Education, culture and leisure Health Innovation The economy Sustainability Reporting Practice The present reporting standards maintained by the company has been seen is directly following the guidelines given under the section International Council on Mining and Metals (ICMM). It has been further seen that the different types of the considerations which has been made in the assignment has been seen to be directly related to the Sustainable Development Framework and is prepared in accordance with the Global Reporting Initiative (GRI) Issues. The GRI reporting standards has been seen to be in line with the G4 Comprehensive-level reporting. It has been further seen that the different types of the reporting standards, which are being maintained by BHP Billiton, has been seen in terms of the indicators from the GRI Mining and Metals Sector Disclosures. Issues in the Sustainability Reporting The issues and the scope of the sustainability reporting is being seen in terms of the problems which is seen to be limited to the consideration of Sustainability Reporting covering the assets that have been fully owned and operated by the company or that have been operated by BHP Billiton in the joint venture activities. The different types of the issues have been further seen in terms of material sustainability (Price 2015). Sustainability initiatives for the Stakeholders The different types of the material sustainability have been effectively delivered by the strategy of the company. It has been further seen that the different types of the engagement for the stakeholders has been seen in terms of the regular, open and honest engagement with the various stakeholders of the company. It has been assisting BHP Billiton to identify, understand and prioritize the sustainability. The various types of the related initiatives taken by the company have been further seen in term of the following initiatives: The consideration of the sustainability initiatives by the company has been has been seen in form of the active engagement with our stakeholders which have been identified in terms of the investors, policy makers, peer companies and the various types of the non-government organizations (NGO). Consideration of the stakeholder inclusiveness through a cycle of prioritization, validation, identification and review of the sustainability process Public HSEC commitments for the operations and the inclusion of the considerations for the external stakeholders to design quantify with the aforementioned suite The various considerations for the internal and the external stakeholders has been seen in term of the different types of the sustainability risks which has been identified by analyzing inputs, risk register and the engagement of the same (Billiton 2014). The several types of the other initiatives has been further seen in terms of disclosures made by the company for carrying out the development project, led by the World Bank Group. It has been further able to enhance the ability of the stakeholders to access, analyze and utilize the improving volume of financial information disclosed by extractive sector of the company (Bhpbilliton.com. 2017). Implication of sustainability reporting in terms of financial decision making The implication of the sustainability reporting on the financial decision-making has been seen in terms of superior transparency across the business. The different types of the financial contribution has been seen in terms of the outlining a report which is able to state on the individual economic contribution and payments to governments report. In several aspects of the report the transparency has been seen to be benefitting financially for the various types of the disclosure which has been made in the extractives sector. It has been further seen that the sustainability issues has been seen to be playing an important role in term of the developments, which are directly related to the host country. The various types of the financial development brought by the company has been further seen in terms of the United Nations Sustainable Development Goals (SDGs) (Mayes, McDonald and Pini 2014). Sustainability Practices of BHP Billiton under the GRI framework: The Sustainability Development framework of BHP Billiton is prepared in accordance with the Global Reporting Initiatives (G4 comprehensive reporting Framework). All practices are mentioned in the report disclosing the indicators of GRI Mining and Metal sector (Bebbington, Unerman and O'Dwyer 2014). In 2016, BHP Billiton was acted effectively to decrease the environmental footprint of their operations, to keep the communities healthy and safe. Under the GRI framework, the company disclosed the material aspects reflecting economic, social and environmental impacts and discussing the sustainable practices for assessments and decisions of stakeholders. For instance, the Sustainability report covers those assets which have been wholly owned and operated by BHP Billiton in the operation of the joint venture mentioning the period from 1st July 2014 to 30th June 2015. Material information up to 10th September 2015 has also been included in the Sustainability Report 2015 (Fonseca, McAllister and Fitzpatrick 2015). The assets incorporate those under exploration, projects in development and the phase of the execution and closed operations during the year. Importantly, the company also mentioned details about the discontinued assets while highlighting the performance in that report. In this way, the report identified material aspects and boundaries at the end of the reporting period. To discuss the current state of sustainability report, the performances of BHP Billiton needs to be evaluated by the General Standard Disclosures. The sustainability approach of the business has been practiced under the BHP Billiton Code of Business Conduct. The regular activities and decision of the company are supported by the public performance targets. Under the disclosure of strategy and analysis, the company ensured that all the internal and external stakeholders are working in compliance with standards and requirements (Ioannou and Serafeim 2016). Interestingly, the documents offer a strong foundation for applying a consistent risk based approach to sustainability. Effective governance and internal controls mechanism helps to maintain smooth oil and gas exploration activities (Junior, Best and Cotter 2014). On the other hand, BHP Billiton has constantly realized and respects the position of employees by conducting yearly reviews for alignment with the voluntary Principles on Human Rights and Security and incorporate improvement plans to reduce the identified limitations. In this way, the company maintains business integr ity and values stakeholders engagement effectively and efficiently. Recommendation To improve the sustainability framework, BHP Billiton needs to follow the below mentioned steps: Embedding risk management into the work management processes, the company can reduce the business uncertainties. The company reviews their material safety risk at the end of the reporting period. Thus it is recommended to assess the material risk and implement such controls on monthly basis. More specifically, it is significant to revise BHP Billitons Requirements for safety standard. The diverse cultural exposure needs to be improvised to drive better performance at the operational level of activities. To engage more international employees into the work process, the diverse cultural knowledge will be shared while doing oil and exploration activities. In this way, the company can continuously develop desired culture, capabilities and improve performances as well. Conclusion The report has been able to highlight on the different type of the aspect of the report, which has been able to state on the relevant issues, which has been seen to have been seen in form of Identification of the current social issues. The main issues have been seen in form of Air emissions and air quality, Energy use and conservation, Wastewater and water quality, Hazardous materials use, Water use and conservation of the same. The report has further identified the current state of the sustainability reporting prevailing at BHP Billiton. The report has further able to identify the various types of the considerations related to the Sustainability Reporting Practice such as International Council on Mining and Metals (ICMM), Sustainable Development Framework and is prepared in accordance with the Global Reporting Initiative (GRI). The report has further identified the existing Issues in the sustainability reporting of the company. This has been directly observed in terms of the conside ration of only those assets that have been fully owned and operated by the company or that have been operated by BHP Billiton in the joint venture activities, whereas there can be several other factors for the sustainability. The latter part of the report has been able to consider the implication of sustainability reporting in terms of financial decision-making. Reference List Bebbington, J., Unerman, J. and O'Dwyer, B., 2014.Sustainability accounting and accountability. Routledge. BHP Billiton. (2017).BHP Billiton | A leading global resources company. [online] Available at: https://www.bhpbilliton.com/ [Accessed 25 Jan. 2017]. Bhpbilliton.com. (2017). [online] Available at: https://www.bhpbilliton.com/-/media/bhp/documents/investors/annual-reports/2015/bhpbillitonsustainabilityreport2015_interactive.pdf? [Accessed 25 Jan. 2017]. Bhpbilliton.com. (2017). [online] Available at: https://www.bhpbilliton.com/-/media/bhp/documents/investors/annual-reports/2016/bhpbillitonsustainabilityreport2016.pdf [Accessed 25 Jan. 2017]. Billiton, B.H.P., 2014. Sustainability Reporting Navigator.BHP Billiton: Melbourne, Australia. Fonseca, A., McAllister, M.L. and Fitzpatrick, P., 2014. Sustainability reporting among mining corporations: a constructive critique of the GRI approach.Journal of Cleaner Production,84, pp.70-83. Ioannou, I. and Serafeim, G., 2016. The consequences of mandatory corporate sustainability reporting: evidence from four countries. Junior, R.M., Best, P.J. and Cotter, J., 2014. Sustainability reporting and assurance: a historical analysis on a world-wide phenomenon.Journal of Business Ethics,120(1), pp.1-11. Mayes, R., McDonald, P. and Pini, B., 2014. Ourcommunity: corporate social responsibility, neoliberalisation, and mining industry community engagement in rural Australia.Environment and Planning A,46(2), pp.398-413. Price, G., 2015. Spotlight on seeds for BHP Billiton Iron Ore.AusIMM Bulletin, (Jun 2015), p.76.

The Birthing Crisis free essay sample

Essay prompt: The lessons we take from failure can be fundamental to later success. Recount an incident or time when you experienced failure. How did it affect you, and what did you learn from the experience? The gentle, coaxing fingers seized a pair of shining scissors, rushing its blades deftly through a veil of muscle and skin, releasing a trail of glistening red in their wake. Screams, commands, and moans melded in a symphony of chaos, climaxing, then fading into blackness. I awoke to a collection of concerned faces hovering over me: â€Å"Are you okay?† I was not okay. The feeling of nausea paled in comparison to my emotional distress. In one moment, all my dreams were shattered. This was the moment of triumph I had waited so long for. I had envisioned the envy of my peers, the congratulations of my parents, and my bragging rights for all eternity. I had finally witnessed a live birth. We will write a custom essay sample on The Birthing Crisis or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Yet, instead of identifying with the OB/GYN doctor in the room, I was more like the wailing newborn – exposed, raw, and utterly confused about my place in the world. My path to becoming a baby doctor was set in motion before I was born. In a town of 25,000 at the foot of Appalachia, my grandfather was the sole OB/GYN specialist, delivering 21,000 babies in his 30-year career. Numerous local children were named after him. Families who had moved across the country came back to have their babies delivered by him. Relatives visiting town were pardoned for speeding tickets upon mentioning his name. For my grandfather, delivering babies was more a passion than a job; each delivery was a celebration of life itself. Hence, I grew up believing that delivering babies was the most joyful profession in the world. I was the family hope to continue the profession. I had shown a natural predisposition toward being a baby doctor: I was a popular babysitter in my town, was known to be observant and patient, had excelled in science and math, and when one of my pet rabbits deposited a mess of placenta and fetus at the foot of her cage, I resuscitated the cold bodies and nursed seven cuddly creatures to life. I eagerly waited to be old enough to volunteer in the obstetrics department at the local hospital. For over a year, I rushed samples to the lab, sorted through patient records, answered phone calls, and transported stirring pink and blue bundles between mothers and the nursery every Tuesday night. The moment I was waiting for, the chance to participate in a live birth, finally arrived. What was meant to be my reward for persistence, reliability, and dedication instead became a meeting with the cold delivery room floor. After this disastrous incident, I consoled myself with my other favorite activities – classes, music, and a few gallons of ice cream. Yet, a void had been left by the departure of my long-held aspiration. A new door opened four months later. I was offered a research opportunity by a computer science professor at the local university where I take college classes. This interdisciplinary project bordering between computer science and life science quickly captured my imagination. I am now creating software that will help discover patterns of repetitive DNA, to reveal humans’ connections with other life forms and identify contributors to illnesses beyond our current ability to cure, such as Alzheimer’s, Huntington’s, and muscle dystrophy. Next spring, I hope to deliver a presentation at an international conference about this â€Å"baby† tool I’ve helped bring into the world. And, I hope that I will be able to carry out my grandfather’s legacy – not as an OB/GYN, but as a scientist dissecting medicine down to its fundamentals and discovering means to improve the quality of life, while finding great passion in bettering the world and serving mankind.

embracing the future with technology essays

embracing the future with technology essays Has technology opened a Pandora's box of social alienation, or alternatively, is it bringing humans into a new era of prosperity and well being? n the modern world technology is all around. Automobiles, computers, nuclear power, spacecraft, and X-ray cameras are all examples of technological advances. Technology may be defined as the process by which human beings fashion tools and machines to change, manipulate, and control their environment. The increasing pace of technological change in the 20th century makes it difficult to place recent developments into perspective. What new branches of science lay before us? Will new-age pseudo science or religious trappings keep us from opening our eyes to the facts of the world around us? Have the humanities been discarded for the complexities of electronics? Is our culture capable of embracing a technically advanced future? The most critical influence of technology in tomorrow's society lies in the social and cultural realms. There exists a diverse body of opinion on the possible ability of this technology to enhance democracy. One school of thought believes technology will usher in a new era of democracy, bringing about easy exchange of dialogue between different groups within society. The opposing school of thought is of a future in which this information technology will be controlled by big businesses that will provide opportunities for surveillance and domination. A recent example of the latter is the windows 2000 program that is designed to replace Windows 97. Here a user's activity on the Internet can be readily tracked by an invisible code that enables Microsoft to sell this information to the highest bidder. People have always wondered how life originated and how so many different kinds of plants and animals arose. Stories of a supernatural creation of life developed among many peoples. The Bible, for example, tells of God's creation of ...

Ming Dynasty Emperors of China

Ming Dynasty Emperors of China The Ming Dynasty is famous world-wide for its graceful blue-and-white glazed porcelains, and for the voyages of Zheng He and the Treasure Fleet. The Ming were also the only ethnically Han Chinese family to rule the empire between 1270 and the end of the imperial system in 1911. This list includes the Ming emperors given names and their reign-names, as well as their years in power. Â   Zhu Yuanzhang, the Hongwu Emperor, 1368-1398Zhu Yunwen, the Jianwen Emperor, 1398-1402Zhu Di, the Yongle Emperor, 1402-1424Zhu Gaochi, the Hongxi Emperor, 1424-1425Zhu Zhangji, the Xuande Emperor, 1425-1435Zhu Qizhen, the Zhengtong Emperor, 1435-1449 and 1457-1464Zhu Qiyu, the Jingtai Emperor, 1449-1457Zhu Jianshen, the Chenghua Emperor, 1464-1487Zhu Youtang, the Hongzhi Emperor, 1487-1505Zhu Houzhao, the Zhengde Emperor, 1505-1521Zhu Houcong, the Jiajing Emperor, 1521-1566Zhu Zaihou, the Longqing Emperor, 1566-1572Zhu Yijun, Wanli Emperor, 1572-1620Zhu Changluo, the Taichang Emperor, 1620Zhu Youjiao, the Tianqi Emperor, 1620-1627Zhu Youjian, the Chongzhen Emperor, 1627-1644 Â   For more information, see the List of Chinese Dynasties.

How are tourism businesses using ICT to improve the tourist experience Essay

How are tourism businesses using ICT to improve the tourist experience - Essay Example 109). This implies that the application of an array of communications- and computer-assisted, and electronic technologies are being used to a greater extent to improve the performance and implementation of business operations in the tourism industry, and to enhance tourist experience. One of the primary functions of ICTs is the processing and speeding up of information flow to and from the customers. In addition to the World Wide Web, other technology devices, such as smartphone and GPS, have boosted the tourist experience (Mamaghani, 2009; Cantoni, Kalbaska, & Inversini, 2009). Homogenisation of communication technologies allows global reception of mobile phones. Tourists use GPS to quickly and conveniently acquire directions and information about present locations. The combination of standard technologies and systems also has given suppliers the opportunity to lessen costs, and enhance the tourist experience. For instance, airline businesses launched mobile check-in by combining th e check-in procedure with the newest mobile phone technologies (Frew, 2000; Kourtit et al., 2011). Customers gain from further ease or convenience and the tourism sector gains from cost efficiency by supplanting employees with kiosks. Other technologies that the tourism sector can use nowadays in order to enhance the tourist experience are the QR Code, augmented reality, MP3 guide, and geolocation marketing. Quick Response (QR) Codes are a kind of barcode that can be seen through QR reading gadgets such as smartphones. QR Code can be used by tourists to access addresses, maps, and locations through their mobile phones (Hall & Williams, 2008). Augmented reality is a latest technology that erases the line separating what is unreal and what is real by improving people’s senses. This technology is guiding tourists and gives them a surreal experience of magnificent tourist destinations (Conrady, 2010, p. 248). MP3 guide provides tourists access to maps, from historic destinations to the most popular attractions. This technology eliminates the need for tour guides, and makes the tourist experience convenient and trouble-free (Conrady, 2010). Geolocation is a process of detecting a physical location using a wireless device. It can detect a person’s longitude and latitude coordinates to identify his/her precise position. The tourism sector may use geolocation marketing to enhance its services by making local information available to its customers. Tourism businesses may concentrate its marketing efforts and advertise to local populations (Yunker, 2010, p. 76). Geolocation marketing is giving the tourism sector the opportunity to show services that are offered in specific locations. ICTs in Tourism Much of the progress in the tourism industry is rooted in technology processes and facilities that businesses buy for their standard activities. Recently, ICT systems have produced numerous process innovations. Processing of accounts, checking in of guests, and bookings has become considerably downsized, and additional facilities for maintenance made operations more versatile and flexible (Zhou, 2004; Ruiz-Molina, Gil-Saura, & Moliner-Velasquez, 2010). Cooper and colleagues (1998 as cited in Page & Connell, 2006, p. 44) have observed that these ICTs are

Active Listening Essay Example | Topics and Well Written Essays - 250 words - 1

Active Listening - Essay Example First, I asked for her suggestion about a convenient meeting place. We jointly chose the conference room because it was a neutral and comfortable meeting place. I arranged the chairs in the conversational angle of 45 degrees. I also made drinking water accessible to her in case she needed. Then, I assured her of her confidentiality and the ultimate goal of listening and never judging her. I then switched off my phone and requested her to do the same to limit interruptions. In addition, I made sure that no one interrupted our session in the conference room. She began narrating her experiences with alcohol. Mainly, she explained how it affected her work, relationships, and family time. I maintained an eye contact with the client, nodded and sometimes encouraged her to talk through further probing. Mrs. Hirst cried at some level demonstrating her inner pain about the issue. I responded well by allowing her to shade tears after which we proceeded with the conversation. After the narration, she asked for my assistance. Instead, I guided her to make a sound solution to her problem by asking about her feelings and what she considers useful (Hoppe, 2011). She promised to stop drinking but required some guidance. I recommended a rehabilitation plan for her. At the end, I reassured her and promised her the confidentiality. I also appreciated her bold decision to address the problem. In conclusion, the session was emotional. However, I applied active listening skills to demonstrate maturity and help the client. I also set up a convenient environment and encouraged the client to speak without interruptions. I believe it was the best session

Poetry Of Nature :: essays research papers

Many poets are inspired by the impressive persona that exists in nature to influence their style of poetry. The awesome power of nature can bring about thought and provoke certain feelings the poet has towards the natural surroundings. If you bear in mind the disposition of some of the things in life that move us like human beauty, love or the beauty of nature you will understand that they have one thing in common. They do not last forever, as sad as it seems, Ladies and Gentleman. Yes they too will eventually die out. Why? Who knows? However it is a fact that when poets write a poem they wish to make their words appealing, as to impress the reader with the intensity of their own experience so they immortalize that sense of feeling that makes their poems last. Wordsworth’s poem, â€Å"Nutting† is a classic portrayal of a man finding time to escape the harsh bitterness of life and escaping to a world of isolation, solitude and loneliness that exists in nature. I’d particularly like to focus on the second part, which has a greater significance in regard to nature, then the other part, which might appear irrelevant. In demonstrating the use of descriptive features Wordsworth has created the perfect sanctuary that one can only ever dream about. The wording used in this section is uncomplicated and evocative. Common language served Wordsworth’s purpose well, for the simple words were direct in their purpose. They expressed feelings that had been known and repeated many times before, and therefore contained a certain durability in his speech. And I saw the sparkling foam, And-with my cheek on one of those green stones that fleeced with moss, under the shady trees, lay round me, scattered like a flock of sheep In this poem there is much evidence that expresses his loneliness, solitude, and isolation to the rest of the world at that moment in his life. And fade, unseen by any human eye; where fairy water-breaks do murmur on forever; It is obvious that through this perception Wordsworth is generally speaking of past experiences. Wordsworth believed that nature played a key role in spiritual understanding and stressed the role of memory in capturing the experiences of childhood. His poetry just like his beliefs relays a sense of feeling towards aspects of spiritual understanding.   Ã‚  Ã‚  Ã‚  Ã‚  I felt a sense of pain when I beheld the silent trees, and saw the intruding sky.

Domino’s Pizza Business Environment Essay

Assignement Business Environment Feb 2013 TASK 1 a: Examine the various types of organisations and their purposes and compare the mission, goals, and the strategic objectives of your chosen organisation with a similar organisation. The various types of organisations are: – Sole traders – is a person who start a business by one individual. Advantage: – Retain all the profit – Maintain full control of the business – Information about sole trader is keep private – Direct contact with customers – The business can be based on the sole trader skills Disadvantages: – Unlimited liability. Difficult to have finance for business – Intense competitions from bigger firms – When the owner dies the business ends too – Partnerships – is then when two or more persons became associate and start a business together. Advantage: – More money for business – The partners can have different skills – Shared decision making – Business losses shared between the partners – Partners can replace each other if needed Student ID 11170 page 3 of 20 Assignement Business Environment Feb 2013 Disadvantages – The profit must be share – Unlimited liability – To take a decision must consult all partners. – The partnership must be reformed in the event of the death of one partner – Private Limited Companies – is an independent entity that provides limited liability and legal protection for its shareholders. Advantages: – Limited Liability – The business will continue even if one of the owners die – Separate entity – More capital can be raised Disadvantages – Profit must be share – There is a legal procedure to set up the business – Firms are not allowed to sell shares to the public. – Financial information filed with the Registrar can be inspected by any member of the public. – Public Limited Companies – is a company that work with stock exchange and its share can be buy or sell from anyone Advantages: – Limited Liability – New shareholders and investors can be easily assimilated – The company has a legal existence separate from management and its members Student ID 11170 page 4 of 20 Assignement Business Environment Feb 2013 – Because of their size a PLC can sometimes dominate the market Disadvantages – Setting up the costs can be very expensive – The firm is open to public inspection – Because of their size they cannot always deal with customers at a personal level. Decisions can be slow because the PLC has many directors – Cooperatives – is an organisation founded and controlled by a group of volunteer users for their benefits. Advantages: – Buying in bulk – Working together to solve problems – Good motivation of all members to work hard for profit Disadvantages – Possibility of conflicts between members – Poor management – Longer decision – making process – Franchises – is an organisation that operates under the brand of another organisation that is already in the market called franchisor. Advantages: – Operate in an already known brand – Support from franchisor ( training, financial). – Can work with franchisor’s existing partners Disadvantages Student ID 11170 page 5 of 20 Assignement Business Environment Feb 2013 – Must work from roles already established from franchisor, the franchise has no control of the business – Franchise must to pay franchisor because use their name. – Private Sector and Public Sector Organisations Student ID 11170 page 6 of 20 Assignement Business Environment Feb 2013 DOMINO’S PIZZA – FRANCHISE INTRODUCTION Domino’s pizza was founded in 1960 by Tom Monaghan (www. coversupermarket. com) and his brother. After one year Tom bought him brother’s half became the sole owner. In 1967 Domino’s opened the first franchise in 1978 to have over 200 franchise stores. In 1985 they opened their first store in UK currently reaching over 700 stores. By 2000 coming to have more stores in fallowing countries: Canada, Tokyo, India etc. In 1998, after 38 years of ownership Domino’s pizza sold 93 percent of the company to Bain Capital for $1 billion. In 2004 Domino’s began trading common stock on the Stock Exchange. In 2006 they opened 8000 total stores in international markets. The company is still growing today with more than 9350 stores in more than 60 international markets. In same year they starts its sponsorship of The Simpsons in UK. (the Domino’s effect. 13 supplement, Estates Gazette, July 19 2008 Issue) In 1999 Domino’s became the first home delivery company to float in the Alternative Investment Market. In 2000 they introduced hot bags to keep the pizzas hot and crisp during delivery. Domino’s started making pizza and today the current menu is a variety of Italian – American products but pizza stay main product, Domino’s along time bringing many improvements countertop and toppings. The Domino’s Pizza Team is hard working, committed to excellence and serious about having fun. There are more than 170,000 team members employed by 600 corporate-owned stores, a system of 5,000+ domestic franchise-owned stores and international franchise base that operates more than 5,000 stores in more than 70 markets around the globe ( www. dominosbiz. com ). Over 21,000 team members work in UK and Irish stores and in a range of support functions ranging from marketing, IT and training. Tom Monaghan bought the business for the amount of $500, now Domino’s has already labeled as â€Å"megabrand† because it already reaches a total of $5. 1 billion in terms of global retail sales. This includes $3. 2 billion in domestic sales and $1. 9 billion in international sales. ( www. statupbizhup. com ) Student ID 11170 page 7 of 20 Assignement Business Environment Feb 2013 MISSION, GOALS AND STRATEGIC OBJECTIVES MISSION Their mission is to be the best pizza delivery company on the world. Sale more pizza, have more fun. GOALS When the business started Tom Monaghan, the founder, had an only one goal to open three stores. This goal is achieved even exceeding the expectations Domino’s has turned its attentions to a new goal, namely to make the people to love their pizza. OBJECTIVES – Improve speed and efficiency of pizza making. Improve efficiency and speed in delivery. Lower the costs of pizzas. To improve customer relations. Make more profit. Student ID 11170 page 8 of 20 Assignement Business Environment Feb 2013 COMPARE DOMINO’S PIZZA WITH PIZZA HUT(FRANCHISE) PIZZA HUT MISSION They take pride in making perfect pizza and providing courteous and helpful service on time all the time. ( www. wiki. answers. com ) Every customer says â€Å"I’ll be back! † PIZZA HUT GOAL Their goal is to reach 85% recognition of the new product in their target market. The most important goal of the company is to increase revenue and profits. PIZZA HUT OBJECTIVES To serve the customer , to provide delicious and hygienic pizza and helpful delivery service. Practice what they preach: integrity, ethics and open communications. While Pizza Hut’s mission is to improve products and customer loyalty, Domino’s Pizza and motivate their employees saying that selling more pizza then the company will have more profit and employees will be better rewarded for their work as a result will have more money for their personal activities. Pizza Hut’s goal is to launch new products and marketing in a more advantageous and profitable growth while Domino’s Pizza wants to expand their business by opening as many stores and offering products and services as good that loyalty to his customers. Domino’s Pizza and Pizza Hut are competitors in pizza market and has same market demographic characteristics. Both companies have been able to offer to the customers a good and quality pizza and services. Both companies want to have the best possible promotion of products so that they can maximize their profit and want to cover a larger part of the market. Student ID 11170 page 9 of 20 Assignement Business Environment Feb 2013 TASK 1 b – Explain how stakeholders influence organisational mission and goals and discuss how and to what extend your chosen organisations (responsabilities) meets stakeholder expectations. All stakeholders have a real importance for a company. Each of them is an important part of business. Customers. The customers want that company to provide good products and service customer. For Domino’s customers are real important, they are dependent by customer’s satisfactions and they know that it is important to keep them. Each of satisfied customer bring with him profit. To became one of the most leading pizza delivery Domino’s has made and put the focus on clients feedback regarding improving the quality of products and services carrying many times their survey. Employees. The employees want that company to create a nice place to work and to give them a good training. As well the employees is very important in this company. Without good employees no organization can grow up. Domino’s know their employees work hard every day to provide great food and customer service why invest financial resources in training them. Suppliers. The suppliers want that company to have a good and along collaboration with them and pay them bill on time. Domino’s Pizza has a good relation with suppliers because they are an important factor in a business. Domino’s Pizza is very strict when choosing their suppliers because they are one of the largest volume purchasers off pizza – related product and they need the suppliers to ensure their highest quality product Management. The management want that company grow up and increase profit. Franchisor. The franchisor want that company provide a good work and to keep a good image of brand. Student ID 11170 page 10 of 20. Assignement Business Environment Feb 2013 TASK 2 a – Explain the nature of UK economic system and how it affects business organisations such as yours. UK have a free market economy, that means the market economy have a little government control and they can fixed the price without state intervention. At same time is a market where the sellers decide what to sell and the buyers decide what they want to buy and for how much. As for other organisations and Domino’s Pizza is an advantage that they can perform the work in a free market but can also be a disadvantage because in a free market all time are more competitors. Domino’s can set their prices and their activity without been affected from government influence only if the change taxes, instead there are situations where they need to stay flexible with the prices because of competition and they need to spend more money for advertising because in a free market the costumers have many options. TASK 2 b – Discuss how governments manage the national economy briefly and analyse the impact of fiscal and monetary policy on businesses such as your chosen organisation. UK government tries to manage the national economy in the fallowing ways: – keeping a low unemployment rate – keeping a low inflation rate that is as low prices – trying to produce as many goods and services that have a growth economy – by lowering taxes The fiscal policy represents all government imposed taxes and fees to maintain a balance of macroeconomics. Fiscal policy applies to market goods and services and by increasing or decreasing taxes can have a significant impact to organisations, can rise or lower inflation and unemployment. If the government reduces taxes would be an added advantage for Domino’s Pizza because automatic and demand would increase. If demand increases the organisation can Student ID 11170 page 11 of 20 Assignement Business Environment Feb 2013 have a higher profit and that help to open other stores. When the organisation expands help lower the unemployment rate because new jobs automatically appear. When the government increases taxation the demand decreases and the organisations are discouraged to invest and unemployment increases. When inflation is high has a negative effect on Domino’s Pizza because the organisation is forced to raise the prices and this automatically leads to lower demand and this affected the company’s profit. The monetary policy is intervention of monetary authorities on cash economy. The monetary policy have influence on interest rates, exchange rate, money supply. In terms of Domino’s Pizza organisation can be seriously affected by rising interest rates because the firm need to pay more money back to bank or stop the loans witch is a really help in company’s grow up. If the interest rates increase the population can’t take loans as well and this means if the costumers don’t have money the demand decrease and the production is affected as well. Lower interest rates have the opposite effect and the organisation can make more investment because the consumption increase as well. TASK 2 c – Analyse how competition policy and regulatory mechanism work in the UK in relation to your chosen organisation. Competition policy is an organisation that tries to control commercial activity in competition so that some companies do not get to have total power over the market. Competition policy bring the follow benefit for consumer: – consumers can benefits from products and services at the best prices – to adapt to competition policy, the firm develops researches and bring new innovation Office of Fair Trading (OFT) is the UK’s consumer and competition authority. Their mission is to make markets to provide a good work for consumers. OFT do the market research and provides consumers all the necessary information to make sure that they can make the right decisions regarding the products or services that consume. Regarding Domino’s Pizza there is no informations revealing that the organisation would have created problems so that OFT intervention to be necessary. Student ID 11170 page 12 of 20 Assignement Business Environment Feb 2013 Task 3 a – Using your chosen company as an example, explain how market structure determines the pricing and production decisions. Domino’s Pizza is part of monopolistic market. The monopolistic competition is a type of imperfect competition. The monopolistic competition have fallowing characteristics:  large number of competitors in market – between prices are small differences – large number of substitutes products – high advertising – is easy to entry or exit because exist just few barriers in this competition The monopolistic market is a market where exits many organisations which provides same products or services but with different characteristics. Same like Domino’s in pizza market exist many pizza delivery organisations but their products are different in taste, bases of ingredients, brand and advertising. In monopolistic competition for Domino’s is hard to decide their prices because they are influenced by competitors witch sell products substitutes. To be able to remain at a high level in this market segment, Domino’s has invested a lot of money in advertising to get customers trust and loyalty. In monopolistic market, Domino’s may not always have the same profit because the presence of competition and they always must to make researches to differentiate the products. Student ID 11170 page 13 of 20 Assignement. Business Environment Feb 2013 TASK 3 b – Using a range of examples, analyse how market forces influence the organisational response and examine how your organisation would respond. Unlike other companies which have faced difficulties during the recession, Domino’s pizza has managed to keep afloat even increase sales. Although the economy was visible affected Domino’s has invested more money in advertising continues to promote its deals and discounts and, reportedly from 2009, for Domino’s was an advantage that much of the population affected by the recession chose to eat home this led to a sales increase of about 11%. As well if cost increases and Domino’s Pizza offer must increase prices of its products or company profits would be affected. However manages to not have a drop in demand even increase its offering in exchange quality products and fast delivery order. Another influence comes from the competition because in this domain are many competitors, so Domino’s Pizza try various way to remain high: – through more intensive advertising – goods products and customer services – fast delivery All this make the demand increase. Student ID 11170 page 14 of 20 Assignement Business Environment Feb 2013 Another influence have suppliers because if the cost of the milk or wheat increases then the supply increasing as well and Domino’s Pizza need to increase the prices and then the demand decreases. TASK 3 c – Discuss the business and cultural environment of your selected organisation and assess to what extend it shapes the behaviour of the organisation. Food is the most culturally sensitive category of consumer goods. For Domino’s richness of diversity in the workplace stimulates the work environment, creativity and innovation, and they became stronger because they use all the human resources with different culture. While age consumers change their option for consumed products. Every buyer has their own vision of quality products that wants to consume and this is influenced by lifestyle and the income of each. Domino’s has many shops in many countries with customer who have different tastes they had to adopt their products according to the demand and desires of customers in each country. For example in Korea Domino’s sell Potato Pizza which topping include potato, in France domino’s sell Saumoneta Pizza with smoked salmon and dill and creme fraiche also they sell Four Cheese pizza. Student ID 11170 page 15 of 20 Assignement Business Environment Feb 2013 TASK 4 a – Discuss how international trade affects the UK business organisation and analyse the impact of global factors on UK business, including your chosen organisation. The international trade is the exchange of goods and services outside the territorial borders. International trade has many advantages but also requires some higher costs than domestic trade. International trade is very important for economic development in general and for individual countries economic development. Like other countries and UK practice international trade because it can not produce all the goods and services they need to be continuously developing. UK import is called when purchasing goods and services produced in another country and when UK sells goods and services to other countries is called export. For Domino’s Pizza international trade is opening new opportunities borders. When the organisation can expand by opening new stores the profit is growth but also the competition increase. When competition increases Domino’s Pizza must focus on placing the best possible products and services so that its clients do not turn their attention to competitors. This means that Domino’s need to invest more time and money in advertising and researches. Another great advantage of international trade is the company access to new products and suppliers which means that international expansion helps to increase production because in international trade a country need to utilize all resources. Globalisation is a business philosophy which believes that the world can became homogeneous. Globalisation has effect on the culture, economic development, environment and political system. Globalisation have fallow drivers: – market drivers – cost drivers – government drivers – competitive drivers Market drivers – degree of homogeneity of customer needs – existence global distribution network – transferable marketing Student ID 11170 page 16 of 20 Assignement Business Environment Feb 2013 Market globalisation drivers bringing homogeneity among customers. Domino’s Pizza can provide products to customers in UK from other countries and this influences cultures, taste and lifestyle and can increase demand. Cost drivers – potential for economies of scale – transportation cost – product development cost – economies of scope Globalisation have many advantages in cost drivers because Domino’s Pizza UK can supply from another countries with cheaper product with same quality and company can benefit from lower transport prices in globalisation if purchase necessary products in larger quantities. Government drivers – lower taxation– compatible technical standards and common marketing regulations – privatisation Government can help Domino’s Pizza by lowering import taxes and export taxes. Globally, Domino’s can work in countries with less advanced technology with more advanced technology from another countries. Student ID 11170 page 17 of 20 Assignement Business Environment Feb 2013 TASK 4 b – Assess the role and impact of EU policies and directives on the UK businesses using your organisations as an example. The European Union was founded by economic and political union of 27 states. The purpose of the European Union is to create a single market, the European market, and to introduce a single currency in the Member States to facilitate commerce and to lower the risk of being affected by exchange rate. By creating a single market in Europe, Domino’s Pizza, would have many advantages and few disadvantages. EU first wants to ensure protection of traders that operate within European borders and to introduce a common external tariff to facilitate the exchange of goods and services between Member States. By creating a single market with a common external tariff, for Domino’s means new business opportunities, a simple way to have access to new market, increase number of consumer Although, in UK, Domino’s working with national currency, if here would introduce the single European currency, Euro, the company would have a number of advantages; – company would not have losses caused by exchange rates that they would be removed – the transition to the single currency would eliminate and some bank fees – there would be no a fluctuation in the prices. EU helps to reduce the unemployment rate in Europe because in most Member States any citizen has the right to live and work in another member states except do some states still retain certain restrictions which include and UK. Student ID 11170 page 18 of 20 Assignement Business Environment Feb 2013 Conclusion My opinion about this course is that now I have more knowledge about what mean business environment. I developed my vision strengths to be considered within organisation and also negative and positive influences of all factors acting on business. I have more knowledge about national and international economic system and how economy can influence the organisations. And after this course I learned which is the best position in market for to have a good business. Student ID 11170 page 19 of 20 Assignement Business Environment Feb 2013 References www. coversupermarket. com. 2012.Dommino’s Pizza. [ONLINE] Available at: http://www. coversupermarket. com/blog/? p=211. [Accessed 15 April 13]. www. dominosbiz. com. 2011. OUR TEAM. [ONLINE] Available at: http://www. dominosbiz. com/Biz-Public-EN/Site+Content/Secondary/Careers/Team/?&lang=en_us&output=json&session-id=bdec0454534e2ab7f3ed9233e6b9f7ce . [Accessed 14 April 13]. www. startupbizhub. com. com. 2011. Dominos Franchise Cost. [ONLINE] Available at: http://www. startupbizhub. com/dominos-franchise-cost. htm? &lang=en_us&output=json&sessionid=653a45ce3c73fa78dfdd910e0a4bda77. [Accessed 15 April 13]. www. wiki. answers. com. 2011. What is the mission statement for Pizza Hut? Franchise Cost . [ONLINE] Available at: http://wiki. answers. com/Q/What_is_the_mission_statement_for_Pizza_Hut? &lang=en_us&output=json&session-id=29e880efe554d20d1c63f97638aab27e . [Accessed 15 April 13]. Student ID 11170 page 20 of 20.

The Historical Importance of Orville Wright