Questions on Laws in UK Assignment Example | Topics and Well Written Essays - 1750 words

Questions on Laws in UK - Assignment ExampleAn event of this is the Dutch Bureau of Agricultural Land wariness which is responsible for the buying of plots of a farmland in rural argonas. This organization, as existing shareholders also enjoys pre-emptive rights over the purchase of all such land. An new(prenominal) example is the Flemish Land Company in Belgium who are entitled to override other candidates and buy out farmland should it be up for sale. (OECD, 1998, p.22) b) There are certain exceptions or disapplication of pre-emption rights. They are as follows. The right of pre-emption is not applicable to the sale of treasury shares, held by the society, i.e. issue of equity shares as stipulation by section 560(2) (b) of the Companies Act 2006. Since Treasury shares are bonds or gifts of the government, no pre-emptive rights may be applied to them. If the directors of a company are wedded the power to allot equity shares by an article of the government or by a special resolu tion adopted by the concerned company (as stated in section 561 of the Companies Act), the pre-emption will not apply. Even if it does apply, the parcelling of equity shares will be done with some modifications as per the directors decisions. ... It is prudent for a company to take its own decisions for optimality. A company may decide that the pre-emption rights will not apply to a specified allotment of shares or it shall apply with some modifications stated in the resolution. The company may do this by putting a special resolution into effect. (Companies Act 2006, Elizabeth II, go away 46, n.d, p.276) If the resolution of the company benefits it and all its shareholders, it this move is welcome but if it is taken due to personal grudges amongst members of the management, it will lead to injustice and unfairness and injure the company. Answer 2 a) A Business Angel investor is a high-net-worth individual, who typically provides capital, in the form of debt or equity from his o r her own funds to a small private business owned and operated by someone else who is neither a friend nor a family member. (Talmor & Vasvari, 2011, p.16.1) A Venture Capitalist, on the other hand, is not only a financier but also either an intelligent evaluator who performs due diligence on ventures, a ventures partner who can add value to the venture, or both. (Cumming, 2010, p.299) There are some advantages enjoyed by the Business Angels over Venture Capitalists. They are given as follows. i) The transaction costs incurred by business angels are much less than the transaction cost of venture capitalists. The transaction cost for business angels lies between the ranges of $100,000-2,000,000 whereas that for venture capitalists is higher than $2,000,000. ii) The operations of business angels are geographically more dispersed than those of venture capitalists. The existence of venture capitalists is limited to a few areas where thither are many

Supply chain inventory, people, technology and risk Assignment

Supply chain inventory, people, technology and risk - Assignment ExamplePeople involved if not well trained and equipped contribute be a major source of risks. In the recent years, companies have been introducing advanced technology that is relatively more reliable and accurate.Perhaps one of the chief(prenominal) challenges facing most companies in their operations is obsolescence and fraud. Over the past years, cases of fraud have highly been reported in the UK. The government has established specialized bodies to armed combat fraud. Serious Fraud Office is one of the bodies together with National Fraud Authority are but examples of such bodies. The technology industry has greatly been change in the UK with Obsolescence over the last decade. This is highly associated with the quick advance in technological advancement. In order to be prepared against these two obstacles, companies have to engender well planned strategies. In these strategies, three factors are inevitable inven tory, people and technology.This report analyses how O2, the second largest telecommunication alliance in UK. The report tries to put into billet the challenges and strategies used by the company in its operations in an effort to have an effective add together of its products and also fight fraud. This has jointly been attained through with(predicate) training of its employees and use of cloud based inventory system.O2 is the second leading telecommunication company in the UK. The company offers a wide range of service and products from mobile phones, SIM cards, internet bundles, and also financial services like the O2 Money which allows people to send money, receive money, pay bills among other transactions. The diversification of its products and services has seen the company expand its market and customer base over the past years. The high number of customers comes with its challenges. Among the challenges is how to handle demand and supply. This is mainly depended on their m anagement on the inventory. The supply chain has to be well

Mitt Romney For President Research Paper Example | Topics and Well Written Essays - 1000 words

mitt Romney For President - Research Paper ExampleHe married Ann in the year 1969 stock-still the family faced crucial times when she was diagnosed with multiple sclerosis. Although Mitts father held the governorship in Michigan however he is not a line of achievement politician. Mitt has spent most of his life in the private sector and hence has all the due knowledge of the economy and ab out its ups and downs. Mitts career is a blend of e verything ranging from political orientation to economic knowledge, from public serving to turning around things. This is evident from his career how he reversed a subjects declining phase that was caught up in recession. He was also behind the rescue of 2002 Winter Olympic games from the disaster. The exquisite skills that are seen in Mitts personality and his management style are attributed to his career in business. After his graduation in 1971 from Brigham University, Mitt got degrees in Law and Business from Harvard. He ab initio worked as a business consultant but soon in the year 1948 he founded the investment firm named Bain Capital. It was this company that helped many firms to rebuild and dive few of them includes Bright Horizons, Staples and Sports Authority (Mitt Romney for President). The Republican Party i.e. the Grand Old Party (GOP) has its roots back in the United States Democratic Republican Party. The low candidate to be the president under this party had been Abraham Lincoln in 1860 and ever since the party has about 17 Republican presidents who have served about 88 years in total. The party claims to have 55 million registered voters which is the second largest in the country and is also known to be the advocate of American nationalism, conservatism and economics at its core (2012 Republican Candidates). In 2002 when Mitt was elected as the Governor of Massachusetts, the states position was quite alarming as its budget was out of balance, the taxes were increasing, and the disbursal was also on the rise hence the states overall economy was disturbed. Mitt through his supervision and strict decisions reduced the spending and brought it under control. He managed and restructured the government programs and enhanced the efficiencies throughout. This whole turnaround was brought in by Mitt by casting 800 vetoes against the Democrats and by bringing in the worldly-minded principals to state legislature. It was through his hard efforts that the brought job creating incentives removed red tape from businesses and also brought new businesses to the state. He made a huge economic convalescence by eliminating the $3 billion deficit without any tax raising or borrowings. At the end of Mitts term in 2007 the state has essentially recovered from economic turmoil (Mitt Romney for President). Running for the Republican President Mitt Romney has to confront the other candidates, although his political career is like a weathervane but compared to the other three candidates he is the mo st experienced choice. His past experiences as the Governor of Massachusetts, the founder of Bain Capital makes him stand out above contest as his accomplishment and experiences makes him the best choice for the position. In terms of the responsibilities, Mitt has that skill in him to get things done as seen in the 2002 Salt Lake city Olympics games. Since he has spent most of his career in the private sector, Mitt has a lot to offer as he understands the economy in its very true sense. He has built up his career by starting new

Reflective paper 3 Assignment Example | Topics and Well Written Essays - 500 words

Reflective paper 3 - Assignment ExampleI am not in the favor of antenuptial sex because I uphold old values and customs. But if a couple wants to have a marriage like relationship before the positive marriage then(prenominal) it is up to them. However, I am totally against sleeping around and the derogatory term of casual sex. If there is a connect that exists between the couple then it is more acceptable than one night stands and hooking up under the influence of alcohol. I would tell him that it is better to be safe than sorry. Couples get carried away in the heat of things, and they regret it later. I would tell my boy he is mature enough to make his decisions in life. He is knocking at adulthood. I cannot be his supervisor anymore. But it would make me glad if he abstains from sleeping around. It pull up stakes make me even happier if he upholds the sanctitude of marriage and relationships.Such topics are always careful with girls. Parents are more concerned and protective of them. Men are physically stronger and can take proceeds of a vulnerable girl. Parents have this inborn protective instinct to protect their daughters from sexual predators. Naturally, a conversation about pre marital sex will be more serious with my daughter. I would tell almost the same things to my daughter as I would tell my son on this topic. But there will be more concern and emotion in my voice. I would try to get her perspective first. I would tell her about the honor and value of the marital bond. I might seem old fashioned, but these customs do give an acceptable structure to the society. If such values are disregarded then the whole family system can collapse. People would only meet each other to satisfy their lust. Marriage would become meaningless and an old forgotten custom. For this reason, I would want to get her take on this subject first. The way my 15-year-old can make her decisions, so can my daughter. I cannot be around her all her life, nor do I want to. Ult imately she has to

Barclays Bank PLC Case Study Example | Topics and Well Written Essays - 1750 words

Barclays Bank PLC - Case Study ExampleBarclays four centuries of growth and provision of work in sell banking such as current accounts, savings and investitures, mortgages and other loans, credit cards and online banking were surprisingly responsive to the instability present within international monetary investment and services corporations across the board (Hoovers 2010). The company also holds majority apportionment of Absa Group insurance (i.e. 59% stockholder). Representation of the Barclaycard in the Spring 2010 Investors video display Post Q1 IMS indicated that despite the retraction of revenues from revolving credit within this sector, Barclays saw strong income growth largely offset by increased impairment and international diversification of business with over 50% of the cards customers extracurricular the UK (Barclays 2010). Credit market exposures reduced by 22BN, with protium loans at 7.9BN as of December 31, 2009.Dating to the 17th century, Barclays Bank is the f lagship subsidiary of Barclays PLC financial services group, with retail and commercial operations in 50 countries throughout Africa, europium and the Middle East. In 2010, Barclays acquired the Italian credit card business of Citibank International Bank a deal that absorbed 197,000 credit card accounts and approximately 234 million ($320 million) worth of assets globally. Integration of the Citibank acquisition, and including business assets and employees, will be incorporated into the existing Barclays Western Europe division, with conversion of the credit card accounts to Barclaycards (Hoovers 2010). In 2008, the bank had made a more limited purchase of Goldfish, the UK credit card unit of Discover fiscal Services for a sum of 46 million ($70 million).Emerging market expansion has also defied the climate of default within the international financial services sector, and the company has moved forward with strategic agreements made in Asia and Russia between 2007 and 2009. The agr eements also include mergers that combine liability through sale of assets with memory board of administration, as in the 2007 Barclays sale of its trust administration and custody business in Japan to Sumitomo Trust and Bank for some 21 million ($32 million). In 2008 the Bank acquired Russias Expobank at 690 million ($750 million), and began negotiations to confirm agreement on 19.5% of New China Trust - just under the maximum 20% investment cap allowed to foreign companies. Finally, in 2009 the group moved to acquire a 99% stake in Bank Akita, Indonesia at 65 million ($ ascorbic acid million). The acquisition includes a rebranding of the company as Barclays Bank of Indonesia which will further the corporations interests in the region through integration with its global retail and commercial banking services administered by its emerging markets business division.While many people blame the 2008/09 credit crunch on a lack of risk management and unreliable financial report by banks , Barclays has shown significant leverage in planning and in critical change management decision making. Although much fiscal risk management looks to the visit process toward implementing strategic measures of mitigation, Barclays strategic model incorporates restructuring of the internal organizational

UAE Banking Sector Assignment Example | Topics and Well Written Essays - 2000 words

UAE Banking Sector - Assignment Example rascal 3 Find the ratio of Housing Loans/ Housing Debt in UAE.. page 4 What are the components of hold loans in UAE page 4 What are the consequences of not paying the housing loans?...................... page 5 Analysis and Valuation. Page 6 Current banking insurance regarding genuinely estate exposure in UAE ... page 6 Stress testing. Page 7 Recommendations and Conclusion page 8 Works Cited Page 9 UAE Banking Sector Introduction Importance of Banking Sector in UAE In the UAE economy banks exist as either the local banks (21 banks) or the foreign banks (25 banks). The roles of the banks are significant in the development of both the economy and the lives of the people as they play significant roles in the main sectors of the economy (Low 2012 pg 33-5). The banks play major roles in the community development apart from being loan and credit instruments in the economy. In the total Arab banking the UAE holds 11.55 of the total Assets. This ma kes the banking sector in the UAE the biggest beneficiary of the strong economic growth in the UAE (Terterov 2006 pg 275). The banking assets post at over AED 750,597,000,000 due to the strong growth in assets experienced. By the end of the year 2005, the consolidated assets had recorded a growth of 41.9% a value of AED 638.01bn. This makes the bank second after Saudi Arabia in terms of Assets. According to the last economic report in the UAE, gross domestic product has a record growth of 25.6% (AED 485.5 bn) with the real gross domestic product recorded at a growth of 8.2% (AED 357.6bn). The real estate and business services sector contributed to the GDP growth by AED 35,920mn while the financial sector contributed by 28,426mn (Parker 2007 pg 82-8). Concentration of Banks in UAE The banking system in the UAE is mainly of two categories, the local or study and the foreign. There are a total of 46 banks operating in the UAE currently according to the report. Among them 21 are loca l while 25 are foreign. The foreign banks are restricted from operating more than eight branches while all the 21 local banks are all listed in the Abu Dhabi Securities Market (ADSM) and Dubai fiscal Market (DFM). UAE has the second highest number of banks in the GCC countries after Bahrain (Parker 2007 pg 64). With the anticipated growth in the real estate sector, this figure is likely to grow resulting in a lot of mergers and acquisitions of the monetary institutions. This will result from a lot of demand for loans and a lot of money that needs depositing hence a boom in the banking industry (Farah 2009 pg 67-9). Importance of real estate in UAE Using the available data, the per capita household debt went up in the UAE due to a rise in real estate borrowing. The most recent recorded debt per household stands at $12,000 with the household debt to household income stood at a highest 10% (Low 2012 pg 48-50). This percentage of household debt in the UAE provides a cushion to support c onsumption in the event there is rising consumption expenditure. This is very high as compared to those from the other segment economies like the G20 which stand at below 7% in most of the countries within that economy bracket (Parker 2007 pg 127).

Illegal Immigration Essay Example for Free

outlaw(prenominal) Immigration EssayOne of the reasons of implementing the US in-migration policy is to control and protect Americas national borders. The US border patrol controls and protects international state lines in the effort to arrest each several(prenominal)s making attempts to enter the US il lawfully. Illegal in-migration attempts are predominant on the border between the US and Mexico. In the past 20 years, sparing recession in Mexico has contrisolelyed to development illegal entries or attempts to the same by the Mexicans.Consequently, political sensitivity about illegal in-migration that has been brought by Mexicos pitiful economic performance has made the US government to dramatically better the efforts aimed at increasing security at the US- Mexico border. Most illegal immigrants are seen to inspire from Mexican border cities to US Border States as their final destination.According to Hanson, Robertson and Spilimbergo, border patrol officers have had to s pend more hours policing the Mexican border with an increase of up to 5. million hours in 1997 from 1. 8 million hours in 1977 (2002). Border regions are mostly affected by situations caused by illegal immigration. For example, illegal immigration has the likelihood of affecting border markets. Such markets include Southern California, Mexican cities on the US-Mexico borders and South Western Texas (Hanson, Robertson and Spilimbergo, 2002). Illegal immigration has both negative and corroboratory results to the socio-economic status of the US. Effects of Illegal ImmigrationHanson, Robertson and Spilimbergo claim that immigration leads to the reduction of remuneration of US workers. The rise in immigration cases has resulted in low good immigrants and low skilled US workers competing for jobs. Moreover, immigrants are ready to create up any jobs leaving the low skilled US workers to settle for the remaining jobs (Hanson, Robertson and Spilimbergo, 2002). Findings by Hanson, Robert son and Spilimbergo indicate that border enforcement deters illegal immigrants whose entry has impacts on the proletariat markets in the US border areas.According to these findings, border regions can minimize illegal immigration without necessarily changing the native wages or even moving the natives from border regions or discouraging them to move to the border areas (Hanson, Robertson and Spilimbergo, 2002). Border economies may withal be forced to shift to industries that are dependent on the skills of arriving immigrants so that low skilled labor can be secured for both US natives and immigrants (2002). Illegal immigrants are seen to add to the problem of public health that is already an issue that needs attention and review in the US.Attention is focused on the upstart developments that allow immigrants to use public programs such as heath insurance. As per the 2000 census, 1 in every 5 children is an immigrant family member in the largely discharge immigrant families in A merica. The immigration statuses of parents and children may as well as differ with up to 10% of immigrant children living in families of mixed status hence creating complexity. There are non-citizen parents who expect with citizen children as their main vexationgivers.The citizen children may be denied health insurance due to their parents citizenship and this may affect the health of both parents and children despite them being Americans (Paiti and Danagoulian, 2008). It is important to channel that poor health of immigrants children will eventually have a significant effect on the socio-economic future of every American. According to Paiti and Danagoulian, foreign born children in the US do not depend on public health insurance schemes compared to those born in the US despite the reverse of the rule on public charge.The increased likelihood of foreign born children to be uninsured, to live in poverty and to have parents who have less than high school pro forma education is a contributing factor to the poor living conditions. The parents poor economic abilities create future projections of low abilities of immigrant children to be economically productive members of the labor force in America (Paiti Danagoulian, 2008). Today, USA claims that about 7 million illegal immigrants do not have medical insurance due to legal restrictions. In addition, 366,000 of the immigrants buy insurance policies from private companies.A publication on USA today named Everyone Benefits if Illegal Immigrants are insured claimed that just as in automobile insurance, the US public would benefit from premiums paid by illegal immigrants by collecting the surplus using it to provide better health care to the US citizens (USA Today, 2009). Illegal immigration is wrong and it should be stopped, but in the meantime, the country should benefit from having illegal aliens around before inventing ways of stopping the utilise in order to create a win-win in the situation.In addition to border patrols and the deportation of captured aliens, the introduction of an Immigration and Control Act in 1986 helped in controlling illegal immigration (Pearce and Hill, 1990). According to Pearce Hill, immigration law will reduce employment of illegal aliens in some parts of the economy but not in others. However, limitations in the US budget will force authorities to focus their enforcement efforts on industries with a large concentration of illegals at an individual business establishment (1990, pp. 43). Prior to the act, employers hired illegal immigrants knowingly as they would face no penalty.Since this law, there has been a registered decline in border crossings in most entry points and more illegal immigrants finding it hard to get jobs. Although the reform process is done by high skilled professionals, sanctions will improve the standard of living of low skill laborers even though to a small extent. Pearce and Hill suggest that substantial improvement in the real wages of legal and less skilled laborers will occur if sanctions are fully executed. In addition, legal and illegal low skill labor should be up to(p) to substitution.The law must also be accurately applied to achieve benefits of sanctions (Pearce Hill, 1990). The Economist reports that critics fear the influx of Hispanic immigrants, who enter the US illegally, take up jobs and move into different parts of the country, are able to create two nations (2005). The illegal Latino immigrants take up common jobs in construction, distribution and nourishment industry that is well needed for economic growth of the cities they occupy. Immigrants are seen to be assimilated into the US by almost becoming like everyone else in the US.They now receive citizens, pay taxes, enlist in the army, participate in politics and even speak English (The Economist, 2005). Despite fears of critiques of the negative effects of immigration, positive outcomes have also been observed from the same which is an imp ortant input to America. Conclusion Immigrants to the US have been seen to continue gaining access illegally despite the introduction of more sophisticated patrols at entry points. The introduction of labor laws that protect legal workforce in the US continues to protect low skilled laborers.However, better laws ought to be formulated to attend that workers do not receive wages that are beneath their ability to sustain a comfortable life. In addition, illegal immigrant families should be assisted to take care of their offspring who are American citizens by acquiring medical insurance and other facilities as it has proven to be beneficial to the American populace. Socio-economic benefits accrued from the inclusion of immigrants in the social programs of America should also be observed as a positive contribution to the society.