Analysis Of Business Studies A Practical Guide Essay

References Ghauri, P. and Grà ¸nhaug, K. (2005) Analysis Methods in Business Studies: A Practical Guide (3rd end). Harlow: Financial Times Prentice Hall. Gill, J. and Johnson, P. (2002), Analysis Methods for Managers, 3rd End, London: Paul Chapman Gaffe, M. (2008), Business communication, activity and product, Mason, OH: South- Western Engage Learning. Hellenes, S. (2010), Global marketing, London: Pearson apprenticeship limited Johnson, P. and Clark, M. (2006), mapping the terrain: an overview of business and administration analysis methodologies, in P. Johnson and M. Clark. (Ends) Business and Administration Analysis Methodologies, London: Sage. Jobber, D., Fay, J. (2003), Foundations of marketing, London: McGraw Hill. Jones, J. (1999), How to use commercial to body able brands, Thousand Oaks: Sage publications Keller, K. (2008), Strategic cast management, Harlow: Pearson International Limited. Koekemore, L. (2004), Business communications, 1 st Edition, South Africa: Juta and Co., P.291 Kil ter, P. (2000), Business management, 10th edition, Upper Saddle River: Prentice- Hall, Inc. Kotler, P. (2002), Business Management, Millennium Edition, New Jersey: Pearson Custom Publishing, P.45 Kotler, P. and Keller, K.L. (2012), Business Management, 14th Edition, New Jersey: Prentice Hall, p.17-20 Kotler, P., Armstrong, G., Wong, V. and Saunders, J. (2008), Principles of marketing, Harlow: Pearson International Limited Kotler,Show MoreRelatedStandards For Financial Decision Making926 Words   |  4 PagesAbstract. The article reviewed was Standards for Financial Decision-Making: Legal, Ethical, and Practical Issues. The key of the abstract is to emphasize the existence of standards and statutory mechanisms for financial decision-making. The article is based on standards of the National Guardianship Association (NGA) (p. 1275). Introduction. The authors study the meaning of term â€Å"standard†. 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Chronic Condition Of Type 1 Diabetes Mellitus - 1724 Words

This report investigates children living with the Chronic condition of Type 1 Diabetes Mellitus (T1DM). Chronic illness is a disease or condition that is persistent, with long term effects for an individual. Chronic is applied, when a condition last for a duration of three months or greater. According to the World Health Organisation (2017), Diabetes is one of the leading causes of mortality in the world, representing 60% of all deaths, along with heart disease, stroke, cancer and chronic respiratory diseases. T1DM can be frustrating for a child and stressful for the family. With culturally appropriate support and education, diabetes can be well managed and improve quality of life. In this report, a brief description of T1DM is†¦show more content†¦It becomes a learning experience for the whole family, as children have to learn about injections, counting carbohydrates and monitoring blood sugar levels. Diabetes complications include blindness, kidney failure, nerve da mage, circulatory problems, heart disease and early death. Therefore, well managed diabetes can reduce the development of these risk. However, Type 2 diabetes mellitus (T2DM) is on the rise due to the increase in child obesity within New Zealand. T2DM is triggered by unhealthy lifestyles and children of Maori and pacific decent, which rates are increasing (Diabetes youth New Zealand, 2016). There are many health services in the community that offer support and education to those affected with Diabetes. As Diabetes in Maori is rising, it is proven one in five New Zealanders are at risk (Wood, 2013). In fact, numbers are that significant, many local iwi have established services Marae-based that target Maori communities, by Maori for Maori. The incentive is for Maori to feel comfortable within their own surroundings. 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Auditing and Assurance KGC Ltd

Question: KGC Ltd. is hoping to raise $5 billion AUD, KGC Ltd. via a share issue. In the share prospectus,3 KGC Ltd. Noted that its PNG operations are its principal asset and described the operations as low risk and indefinite (permanent) in duration. Are you willing to sign-off on that prospectus as being true and fair? (Explain) Answer: KGC Ltd plans to raise investment of $ 5 billion AUD through the issue of shares by portraying the assets to be at low risk is not a fair statement. A shareholder before investing in any company needs to go through the companys prospectus in which he would be able to find various types of information required to enquire into before taking any investment decision. A company planning to make additional investment through the issue of shares provide the clients with different information about the company future prospects , strategy followed by it, investment objectives ,any risks if it would be exposed to, pricing of the product ,corporate responsible ,depiction of a fair financial statements , policy of fund and its history , measures of performance , commission , brokerage, matters of tax(SEC.Gov | Investment Company, Shareholders' Information"). The willing investors should have access to all these information in details. Investors needs to do their own research . The risk which company would face in carrying out their operation should be properly told so that the investors would be able to form speculation about the risks involved (Raising Funds In Australia | ASIC - Australian Securities And Investments Commission") . Here KGC Ltd is making a misrepresentation by describing the operation to be indefinite and at low risk. The fact that the license to continue mining activity from PNG government will expire in eight years and the ongoing court case due to the allegation of being environmentally irresponsible by some ecological group is making the continuation of the firm doubtful. So the prospectus could not be signed off as being true and fair by the investors. Reference : Raising Funds In Australia | ASIC - Australian Securities And Investments Commission".Asic.gov.au. N.p., 2016. Web. 25 May 2016. SEC.Gov | Investment Company, Shareholders' Information".Sec.gov. N.p., 2016. Web. 25 May 2016.

The end of the free market

Introduction Having experience in the political and economic fields for many years, Ian Bremmer can be considered to have strong evidence in his extensive research on global economy. In this book, he tries to address the current economic crisis by answering questions such as; can state capitalist compete with free market? Does capitalism still exist or is it going to extinct? Are we still in an economic cold war? His key players are the Men and women who govern Russia, China, Arab, and the United States (Bremmer IV).Advertising We will write a custom book review sample on The end of the free market specifically for you for only $16.05 $11/page Learn More About the book In the first half, the writer is devoted to explain what capitalism is. He describes the birth of capitalism as a replacement of fallen communism regimes of China and Russia. He discusses how today this model has become an attractive package to countries such as China, Russia, US, Saudi Ar abia, Algeria, Ukraine, India, and the United Arab Emirates. The second half gives a detailed support and effects of state capitalism on market economies. Although he really convinces the reader that he is not against state capitalism, he actually cautions about it. According to Bremmer, the power in politics controls this type of economy. Instead of formulation of policies that are based on the needs of the people, the decisions are approved and implemented politically. Recommendations Overall, Bremmer’s engagement is excellent. He is clear on his advantages and disadvantages of state capitalism and creates a good understanding of world politics. From a review, the test rating and analysis of this book can be addressed by the following recommendations. The book can be highly recommendable to even persons without knowledge about economies .Ian’s coverage is realistic, simple, broad, lucid, and well judged. The book does not leave behind any unanswered questions on glob alization. Its briefing is excellent and narrates the sequence of events from the rise and fall of communism to the effects of capitalism. According to Bremmer, capitalism is a disguised monster in the free markets whose goal is to have political gain. He argues that the cause of all these selfish gains is globalization that acts as a catalyst to international politics and markets. He notes that capitalization has different forms distinguished by their own interests and the degree of government support. First, he talks about the free market capitalism (Bremmer 13). In this type of economy, involved parties use wealth to build more wealth. The state enables generation of wealth through enacting contracts that are limited to moral weaknesses. In contrast, he talks about the state capitalist economies. This type of regime is dominated by politics and the choice of the principal consumer.Advertising Looking for book review on business economics? Let's see if we can help you! Get y our first paper with 15% OFF Learn More Book report With the fall of the soviets in the nineties, political and economic analyst proclaimed victory over communism to create a new free market economy. However, Bremmer admits that no liberation has followed yet. It is just that the system has incanted. Capitalism is not new in the world as admitted by Bremmer and traces its root back to 1896.He references this year from the speech made by Wilhelm Liebknecht, the leader of the social democratic party in Germany. He looks upon the state capitalism as an extremely huge threat to the economy of the United States. This is one point that we can all agree on. Notably, there is a huge similarity between what the writer tries to explain as state capitalism and the history of the US economy. Nevertheless, does it mean the US government grew out of selfishness and greed? Many tend to oppose this but it is what Bremmer is trying to explain. Countries that used state capitalism take up th e larger section of the pie in the global market. Among them are the European Union and the US. According to Bremmers report, they actively applied state capitalism during their development. The approach is a real threat to the global economy since it is really making the extinction of free market policies (Bremmer 54). However, the political greed of these governments has left the citizens of the countries at the mercy of international investors. Bremmer goes ahead to show how wide capitalism is. All that makes it take different forms is the degree of government involvement. Other forms include the free market capitalism, mixed economy, and the social market economy. To expound on his research, Ian points out Adam smith who is the man behind the development of capitalism in the world. According to Adams, in pure capitalism, everyone does what is best for him or her.The government too minds its own business and never enforces laws. He compares it with a football game that has no ref eree or a game with players playing with no specific goal. Adams creates the theory of the ‘invisible hand’ to explain the balancing force in economies. In reference to the theory, the hand is operational. No interference from the government and leaves it to the market to take its own decisions in the free market system. Bremmer sees this as a potential threat not just to his government but also to the world. However, his exceptions to this threat are given for India, China, and Russia (Bremmer 103). However much Bremmer confesses not to be against state capitalism, his opinions about this kind of economy is very negative through out the chapters. He reflects this type of economy as a project whose goal is to have selfish gains. Here the ‘invisible hand’ is the government and takes control of all economic activities and only few returns are made. Bremmer describes it as â€Å"various types of state owned companies are incorporated by the government to mana ge the resources, create, and maintain jobs.†Advertising We will write a custom book review sample on The end of the free market specifically for you for only $16.05 $11/page Learn More However, the secret behind this selection is that the chosen companies are privately owned companies. These privately owned companies dominate the economic sectors. In all the above situations, the state uses markets to deliver wealth to the political officials. Moreover, their mission is not seen as to maximize growth, but to use state crown jewels to maximize power and chances of survival in the leadership positions that they take. We could comment that this book is carefully written in an effort to inform us on the existence of another category of communism that is evolving in the third category. Despite the effects of cold war being experienced 20 years ago, Bremmer still thinks that we are unfortunate when we face the same, but in a manner that very few can fe el or witness. He goes ahead to put down quotes such as the Wen Jiabao quote from a CNN interview. Wen illustrates that â€Å"the formulation of economic policies can only be derived by having a fair and full play to the forces that control the market.† Moreover, government regulation and macroeconomic guidance should act as the key players in resource allocation. On the contrary, the main agenda for most of the state controls is to create political power through exploitation of economic resources. However, do not misjudge the author of this book; his main agenda is not to oppose state capitalism. For instance, he commends China and Russia for presenting their policies in a transparent manner. All that Bremmer wants is simply to show the weaknesses and strengths of this type of economy and its effects on us. He warns on embracing imported elements of the economy saying that capitalism is unique and ought to be governed by the particular resources and needs of the specific cou ntry. The workforce in China is well developed. On the contrary, Russia is rich in natural resource, which gives it an added advantage. The Middle East is really blessed with oil though the country is challenged by demographics. Bremmer has a major concern over China as he continually mentions of its economic status. This book makes sense to China’s economy and the dominance of state capitalism. For instance, it is not until you go over the book that you realize that Exxon Mobil is the 15th in revenues. Top multinationals account for just 3% of reserves and 10% of the global revenue, the rest is driven by the state. The China-US trade has drastically increased from 2.4 billion USD to 400 billion USD in the year 2008 alone. This was the year that China had more than 200 billion dollars in form of investments under the sovereign funds. This is depicted in an interview with China’s finance president, Gao Xiqing. He portrays China and Russia as the leading practitioners ha ving abandoned communism.Advertising Looking for book review on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More He commends China by depicting how powerful it is and capable of controlling the worlds economy. This is because they repaired what was in the state capitalism in accordance with the new era. However, their failure is only in the usage of money. They earn very much on exports compared to the US, but put very little in economic development. Much is returned back to the US in form of purchases of sovereign funds. China would be far much ahead if it focused on economic development rather than investment if they wanted to. However, what would happen to the US if China stopped these investments? Infusion of earnings in exports would lead to inflation, the reason why China has to balance its markets and income. Bremmer gives an example of Greece financial crises. He adds that these China policies were intelligently selected since the purchase of these sovereign wealth funds acts as an economic back up in times of crisis. China does not have to apply for the monetary funds. Diverting from state capitalism is the mercantilism. People tend to confuse this type of economy with state capitalism. However, Bremmer argues that it is completely different from the rest. Their policies tend to rhyme, but what differs is the financial interest. Mercantilism protects its citizens from international exploitation by controlling imports. The interest of this type of economy is to make riches and rule the world. China would be a mercantilist country if it were selfish in sharing its surplus finance with other economies. If all these finances went to the improvement of the economy, China would be today a mercantilist country. However, China does not do that. In spite of being ranked as the top in terms of economic status, it has an average of about 5,000 USD as compared to the US, which has over 40,000 USD in terms of employee salary. It is very ironical for a US citizen to think of living in an economy that resembles state capitalism and that they are putting to an end the free mark et economy. However, this is the major concern of mister Bremmer. As the title suggest, the writer thinks that the free market is ending. In a report revealed by Bremmer in 2005 alone, corporations were the largest forms of economies, taking top 51. The report had General Motor of Denmark taking on the lead and Mitsubishi dominating over in Indonesia. Here comes China with its purchase of sovereign wealth funds and owning corporations in large-numbers. There is the emergence of multinationals, which exploit citizens. The chain continues to a point where a foreign country can own almost up to half of another in terms of investment. This is how easy a state can dominate the whole world and many thought that they were joking when they commented that they were ‘taking over the world.’ The writer completely disagrees with these corporations. His reasons are that they have a hidden agenda, which is greed and ruthlessness. They tend to widen the gap between the poor and the ri ch, drive infant industries into extinction and give room for exploitation by limiting competition. Bremmer talks of immigration and its effects. He comments that this is what has made some of the countries rich. They draw knowledge from American to levels as high as PhD, utilize the American resources, and take back to their countries. However, this idea is not that much convincing because if we took the example of China, US still needs cheap China goods whereas China needs the US for educational resources. What if we have a mixture of state capitalism and free market economy? It can be practically applicable only in situations where private owners own free corporations while the government is in control. The ‘invisible hand’ would balance everything automatically and bring out a balanced economy. Throat competition among countries and corporations would be cut down .Exports and imports would be balanced without any underflow or overflow. This system appears ideal, but may be this is what Bremmer believed and would want to see. Other recommendations that Bremmer gives are; be friendly to foreign workers, choose the right fights, keep markets open, and investment in hard power. Conclusion In conclusion, we can say that this book is a professional guidebook that leaves the reader informed about real economic facts. The writer presents a wide history on capitalism and its influence on the free market, offering examples from different regimes in the world. His chapters are supported by strong evidence revealing the negativity of regulated free markets in the name of state capitalism. There are also clear economic procedures and solutions in which the United States can live in harmony with the rest of the world and still defend its future competitive advantage. However, it is important to recommend capitalism because this has been the root of development in most countries. This just how brief the book is though not very exciting to read, one can easil y connect ideas. Works Cited Bremmer Ian. The End of the Free Market: Who Wins the War Between States and Corporations? New York, NY: Penguin Books Limited, 2011. Print. This book review on The end of the free market was written and submitted by user Layla Russo to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.