West Lake Home Furnishings Ltd. free essay sample

West Lake Home Furnishings Ltd. Composed Analysis and Communication II Instructor Submitted by Section-D 2/08/2008 Date: May 30, 2007 To: Charles Bowman, CEO, West Lake Home Furnishings Ltd. , Ontario, Toronto. From Subject: Advice on whether to acknowledge the proposal of diminishing the cost of mark item to $29. 99 for a year. This report is a synopsis and examination of current circumstance on West Lake Home Furnishings Ltd. (WLHFL) The investigation depends on the fundamental goal of financial matters that is benefit expansion. In view of the current pattern of shopper pay and inclination it is suggested that WLHFL ought to acknowledge the proposal to diminish the unit retail cost to $29. 99. As an understudy of WIMWI, I thank you for giving chance to find out about the circumstance at WLHFL. This has shown me a great deal. Official SUMMARY Whether to acknowledge the proposition of one of the retailers, to lessen the cost to $29. 99 by WLHFL, in this manner boosting the deals, must be assessed on the fundamental target of financial matters of a firm. We will compose a custom paper test on West Lake Home Furnishings Ltd. or on the other hand any comparable theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page The principle target of the firm is to expand the benefit. So as to accomplish this at retail cost of $29. 9, amount of deals should increment to a generous level. The current circumstance at Canada, higher extra cash with Boomer populace and discounted value prompts more appeal of amount are agreeable to higher amount of deals. The proposition guarantees the necessary amount of deals. Henceforth, tolerating the proposition is suggested. Word Count: 107 Table of substance SITUATION ANALYSIS.. 1 THE PROBLEM STATEMENT†¦. Alternatives 2 CRITERIA FOR EVALUATION 3 EVALUATION OF OPTIONS.. 3 RECOMMENDATION. 6 ACTION PLAN.. Show 1†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. I EXHIBIT-2†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. ii EXHIBIT-3†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. ii EXHIBIT-4†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. iii SITUATION ANALYSIS Outlook of Lighting and light installations industry in Canada The market for Lighting and light apparatuses in Canada hushes up serious. There is huge number of firms having little piece of the pie. Thus, this market can be considered as a Monopolistic rivalry. Item separation empowers West Lake Home Furnishings Ltd. WLHFL) to rival different firms in three territories: item quality, cost and promoting. Value assumes a significant job To affect value, a large portion of the organizations have re-approp riated creation to Asia, particularly China. There are two new contestants in 2006, suggests that still in the market there is extension for acquiring. Value assumes a significant job. It is reflected by normal costs for home outfitting things had tumbled down during 2002 to 2006 yet deals had developed at 6. 1% of exacerbated normal development rate. Customers in Canada Consumers in Canada are at the Esteem and Esthetic needs level (see Exhibit 1). Because of which buys from huge â€Å"big-box† retailers get belittled. This makes enormous retailers in a deliberately significant situation for the maker like WLHFL. Huge pattern which is at advantage for the business is the Baby Boomer; they are presently having higher discretionary cashflow and interest for home decorations. Show 2 proposes that Boomers’ gaining will top in 2015 for the Early Boomers (conceived from 1945 to 1954) at $90,000 per family unit, and in 2025 for the Late Boomers (conceived from 1955 through 1964) at $106,000. Current circumstance of WLHFL Sales Boost Thinking about the proposition of one of the main three discount clients, Sales support is evident as WLHFL will get the conspicuous rack space. Be that as it may, we have to exchange off between boosting deals and diminishing retail cost of mark item for all organizations. Goal of the firm The fundamental target ought to be expanding the benefit. To amplify the benefit, WLHFL should set a cost and amount where the minimal income rises to the minor expense . The display 3 shows the diagram at the yield and cost in since quite a while ago run for a firm in Monopolistic rivalry. Significant deterrent The significant prevention in the cost augmentations are higher stock as much as $1. 6 million, increment up to 20% in Sales, General, Administrative costs (SGAE) and increment up to 150% in Shipping and Warehouse. Issue Statement Whether WLHFL ought to acknowledge the proposition of diminishing the retail cost of a mark line of enriching lights from $69. 99 to $29. 99 for a time of one year? Choices 1. Acknowledge the proposition to decrease the retail cost to $29. 99. 2. Reject the proposition to diminish the retail cost to $29. 99. Measures for Evaluation 1. Benefit amplification of WLHFL This is the essential rule as the ramifications on the conduct of the WLHFL can be sensibly precise and maintain a strategic distance from pointless explanatory ramifications. 2. Impact on Large Chain Retailer’s relationship After assessing the essential model, assessing this basis will have a drawn out impact on business of WLHFL. 3. Impact on Cash streams of WLHFL for the year 2007 This is a pivotal rule yet can be viewed as simply in the wake of assessing the Retailers’ reaction to the adjustment in unit retail deal cost. Assessment of Options 1. Acknowledge the proposition to diminish the retail cost to $29. 9. 1. Benefit boost of WLHFL As appeared in the display 3, to accomplish the benefit augmentation minor income ought to be equivalent to minimal expense. However, because of absence of complete data about the all out interest in Canada for lighting and light apparatuses, a large portion of the estimations are approximated. The situation I proposes that there is impressive increment in the net income and subsequently benefit expansion is accomplished. 2. Impact on Large chain Retailer’s relationship By tolerating the offer, the Retailer who has proposed the offer will keep on working with us. Shoppers for the most part incline toward huge retail anchors to buy Home outfitting items, this move will guarantee that we stay in the business with great size of piece of the overall industry. The discounted value data to different retailers just as the shopper will reach in a matter of seconds. Furthermore, henceforth WLHFL will be compelled to diminish the retail cost for the wholesalers as well as for customers, who buy at retail location or potentially by means of web. This thusly will have solid positive effect on Cash stream. 3. Impact on Cash stream of WLHFL for the year 2007 Taking a gander at show 4, the income of the organization with tolerating the offer can bring about two situations. One, in which the business develops as envisioned and second business develops at decreased foreseen rate. These are appeared as Scenario I and Scenario II individually. It has been seen that Scenario II prompts misfortune. Yet, there is a motivator to think about the Scenario I. The high discretionary cashflow with Boomer populace and decrease in cost expands interest for the item guarantees that Scenario I is more plausible than II. 2. Reject the proposal to diminish the retail value t $29. 99. . Benefit augmentation of WLHFL By dismissing the offer, at present creation level of WLHFL isn't at the benefit expansion level. That is still there is a chance of selling more items and expanding benefit. There are two new contestants in 2006 which are explicitly concentrating on this chance. As opposed to, they get the chance, WLHFL should get the chance. 1. Impact on Large chain Retailer’s relationship Retailer who made the proposition will be hesitant to give better retire space thus do different retailers, as the volumes gave by WLHFL are not high. Because of this, there is less chance of coming to the consumer’s mind. Henceforth, there isn't expectation of development in deal in long haul. Indeed, even there is a likelihood that the retailer can buy legitimately from Chinese maker which can be profited at less expensive cost. Opportunity cost is high, and consequently dismissal to offer isn't suggested. 3. Impact on income of WLHFL for the year 2007 If the WLHFL develops at normal 10%, at that point there is certain income. As retailers won't offer the better rack space, it is hard to achieve. Likewise, because of new contestants and additionally retailers themselves buys straightforwardly from Chinese producer will power to decrease the cost. At this creation level, decrease in value implies negative income. Proposal Evaluating the alternatives recommends tolerating the proposition of decreasing the retail cost of a mark line of beautifying lights from $69. 99 to $29. 99 for a time of one year. Activity Plan †¢Communicate to the retailer about the acknowledgment of offer. †¢Communicate to different retailers about the decrease in cost and haggle on increasing better rack space, lesser edge and more volume. Keep the working capital prepared, to deal with the high stock level. †¢Prepare an anticipated creation amount and mastermind the assets appropriately. Word check: 1098 Exhibit 1: Different stages in need chain of importance. Adjusted from Maslow’s Hierarchy Needs. Show 2: Boomers have earned more at each age than earlier ages Source: http://www. m ckinsey. com/mgi/distributions/Impact_Aging_Baby_Boomers/slideshow/slideshow_2. asp Exhibit 3: Output and Price over the long haul for Monopolistic Competition. Source: Cowell, F A. (Dec. 2004). Microeconomics: Prin

Travel Industry Investigation

Presentation It is urgent for each new organization to look at the business to make sense of its qualities and shortcomings. Such examination is expected to break down contenders, check whether there are accessible situations available, and that it is so difficult to pick up clients. In view of the aftereffects of the examination, an organization may build up a rundown of required assets that are important for the accomplishment of picked strategy.Advertising We will compose a custom research paper test on Travel Industry Investigation explicitly for you for just $16.05 $11/page Learn More This sort of examination permits an organization to explore advances and strategies that are being utilized by the contenders, and their viability. The movement business is as a lot of different endeavors and associations that offer various types of assistance. Serious Environment The development pace of the movement business over the most recent couple of years has been incredibly fast. Right now, The United States and China are two driving nations around here. The movement business has straightforwardly contributed $2,364.8B to the world’s GDP, and its absolute commitment was $7,580.9B in 2014 (Ali, 2015). These numbers are huge and make travel business assume an immense job in the worldwide economy. This industry has upheld 105,408,000 employment spots, and it has put $814,4B in 2014 (Ali, 2015). It is vital for the business to continue growing, so new openings are made. Travel adds to add up to GDP through such products as transportation and diversion (Ali, 2015). This business is affected via regularity, and it is one of the center issues of this industry. There are supposed high season and low season. Travel organizations gain the most benefit during the high season, and tickets are once in a while purchased during the low season. This happens on the grounds that voyaging is incredibly subject to changes in atmosphere. Summer is regularly the most beneficial seas on in view of occasions and get-aways. A few clients want to visit certain nations during a specific season. The monetary circumstance is likewise urgent in light of the fact that this industry is amazingly delicate to financial changes. Schoinas and O’Connell (2011) express that â€Å"the worldwide financial downturn has severy affected the air transport industry† (p. 354). This case implies that this industry despite everything experiences the outcomes of the downturn simply like the others. There are sub-enterprises, for example, inn networks, exchange and transportation organizations, travel offices and others. The cordiality business is one of the greatest sub-ventures. It gives transportation, dwelling, and different administrations. A few undertakings in the movement business create advancements, some offer types of assistance, and some offer help to other companies.Advertising Looking for inquire about paper on correspondences media? We should check whether we can support you! Get your first paper with 15% OFF Learn More Alliances and associations are frequently shaped on valuable footing to furnish each other with a scope of administrations. By and large, this industry is creating at an incredibly quick rate, and it ought not stop at any point in the near future. Expedia is the pioneer of this industry in the United States. As of now, it holds about 26% of the piece of the overall industry because of the obtaining of a creative web index (Trefis Team, 2014). The greatest contender for Expedia is Orbitz Worldwide, and it holds 21 percents of piece of the overall industry dependent on the accessible information (Trefis Team, 2014). The following greatest contenders are Priceline and Travelocity. Their consolidated piece of the overall industry is around 95 percents, and it permits them to set the gauges for different firms. Industry Environment Every single organization in the movement business picks an essential gathering of customers and keeps on concentrating on that gathering. Some want to offer their administrations to recreation voyagers and others center around business travelers. It is important for each organization to choose and concentrate on the specific objective market. The assurance of the objective gathering is perhaps the most serious issue. The essential clients are those with normal or high pay. Each voyaging organization centers around a chose gathering of customers and picks the situation in the market. Robinson (2009) states that â€Å"a survey of its inner assets and capabilities can empower the business to decide its future vital direction† (p. 114). Contrastingly put, it is important to explore the accessible assets for an organization in the movement business. The key providers are travel offices. Presently, the market is steady a direct result of new advancements. In any case, it is very inclined to changes in nature since it is amazingly mind boggling and not steady. Xiang and Formi ca (2007) express that â€Å"the condition changes continually and produces vulnerability for chiefs in the associations that are answerable for distinguishing outside circumstances and threats† (p. 1194). This implies it is moderately difficult for chiefs to create systems dependent on examined information, and on account of this natural checking is frequently utilized. Key issues of this industry are issues with enlistment and issues with over the top emanation. The entire business is controlled by the administration. The United States Environmental Protection Agency intends to set new outflow guidelines in light of the fact that right now it isn't controlled that well. Such guidelines hugy affect the business since make a trip organizations may need to grow new innovations to meet the standards.Advertising We will compose a custom research paper test on Travel Industry Investigation explicitly for you for just $16.05 $11/page Learn More Financial Aspects Total travel consu mptions in the United States were $136,700B in 2014 (The World Bank, 2015). Normal yearly expenses for data advances are $20B every year. The normal yearly consumptions are ten percents of income. Schinasi (2003) claims that the market is steady if there is a â€Å"absence of the sort of unpredictability that could have serious monetary consequences† (p. 4). At the end of the day, the market strength is subject to how costs shift. Multimodal Transport System, Hadoop devices, Mobile Retail Solution, Fully-Integrated Inflight Entertainment and Connectivity System, and Real Time Content are regularly conveyed. Such frameworks are unique, yet they are actualized to improve the experience of clients. The quantity of movement applications is colossal. The greater part of them are accessible on iOS, Android, and Windows Phone. The most well known applications are totally free, and paid applications regularly have better usefulness. Such applications like Uber permit clients to take a taxi from the telephone in remote nations (Talty, 2015). So also, Waze is an amazingly valuable GPS pilot that lets one to peruse traffic reports that were presented by different clients. WeatherPro is an extraordinary travel application for those inspired by climate forecasts. A client can get point by point data about flight ways with FlightTrack. XE Currency is the main application for cash transformation. Likewise, Converter Plus permits different sorts of activities other than the standard one. Entrain is a very imaginative applications that can assist one with beating the fly slack. Pressing Pro is incredibly useful on the grounds that it proposes a rundown of things that you might need to pack for an excursion. Impeccable World Clock is an incredible expansion to the weapons store of uses for the individuals who travel a ton, and it is difficult for them to monitor time zones. Skyscanner is a pioneer among booking applications. It permits its clients to have a snappy access to definite data about value changes. So also, Hostelworld causes clients to book modest inns and read client surveys. Stayful lets one to discover a lodging dependent on the financial plan and furthermore assists with the procedure of exchange. Google, MeteoGroup and Uber are the main engineers of this sort of uses. Generally speaking, there are a wide range of movement applications, and they make visits to different nations significantly more agreeable for the clients while being very productive. Gauges Standards are pivotal for this industry on the grounds that the security of clients is of most extreme significance. There are organizations that attention on increasing the expectations in the movement business, for example, ABTA that capacities for a long time as of now. There are two standard bodies in this industry.Advertising Searching for inquire about paper on correspondences media? How about we check whether we can support you! Get your first paper with 15% OFF Find out More Universal Air Transportation Association gives a scope of conventions and other data that might be bought. OnepTravel Alliance is another standard body that moves data and supports different gauges. NDC Program makes measures for correspondence for the entire business. Patterns and Innovation Currently, there are four innovation inclines in the movement business: cloud enablement, online networking blast, the versatile upheaval, and examination (Peterson, 2014). The principal pattern permits organizations to communicate with the clients in altogether various manners on account of changes in the manner the information is gotten to. Online networking is an incredible route for head out organizations to advance themselves, and it is a very valuable when gathering data about the customers. The versatile upheaval has prompted sensational changes in the manner voyaging is seen. The situating of the family members is not, at this point a matter of concern due to new portable administrations . New advances permit clients to share their voyaging involvement in others by means of photographs or writes, and the benefit of movement organizations is expanded therefore. The last pattern is so significant in light of the fact that it permits organizations to have a superior comprehension of the recorded data. Expectations and techniques are created dependent on the got information. New models of airplane ought to likewise enormously affect the business. Be that as it may, a few organizations like Southwest Airlines like to utilize just one sort

What Are Some Issues to Write a Paper On?

What Are Some Issues to Write a Paper On?Writing a paper for the college is actually quite easy if you are familiar with some of the issues to write a paper on. There are a number of topics that are very important and writing a paper on each of them can really help you in getting good grades in your college. Of course there is going to be other factors that go into determining your grade but just know that most of the other factors are going to come down to how well you use the concepts that are taught in class.Many people have trouble writing papers because they lack knowledge or understanding of the concepts that they need to learn. This can get them into trouble with their professors and make it hard for them to get a good grade on the assignment. In this article I am going to tell you some of the issues to write a paper on in order to get a good grade on the paper.You should never rush through a paper. If you rush through the assignment and forget about the concept it will be use less and you will not learn anything from it. Learning should be at the top of your priority when writing a paper.Always use proper techniques. There is no point in writing a paper that has poor grammar or has people incorrectly typing the information onto the page. This is the best way to avoid the dreaded 'I hate this class' statement and helps you make sure that you always take the time to learn something when you are writing a paper.Effective use of formulas and numbers is also a good idea. When learning how to write a paper you want to make sure that you use the correct formulas and the numbers do not matter as much as the formulas and facts on the page. You may need to explain to your professor in order to get the formulas and facts included on the paper but you will have no problems when you go back to them after you have been able to pass the test. You will find that when you use many different times you will be able to explain everything in a different way which will help y our professors see that you know what you are talking about. You should always try to apply all of the concepts and facts that you have learned on the page correctly because this is going to help you get your grades higher. There is no reason for you to spend too much time trying to understand a concept on a page when you can read up on it and understand it in less time.Taking advantage of some of the tips that I have given you here is an important issue to know about. Most of these tips that I have given you are going to help you understand the concepts better than if you do not put them to use. Also you can use them to come up with better solutions to problems that you might be having with your assignments.By knowing these issues to write a paper on you will be able to create a paper that looks great and you will not be afraid to rewrite it if you need to. Many students give up before they even get to the first step in their papers and this is the main reason why they are never ab le to get a good grade. Just be sure that you do not give up because of these tips and you will be able to come up with a great grade on your papers.

Summary Of The Chrysanthemums By John Steinbeck

Summary Response Essay- â€Å"The Chrysanthemums† Their are times in life when we all get so busy that we forget to make time for people we care about. This is because we take each other for granted and push aside the important things such as having fun, talking to each other and enjoying life with each other to deal with things we consider to be more important and concerning. This type of situation is becoming way too common in todays society with people connected with their work and that we no longer spend time with people in person which can affect an individuals emotions and well being. In the story â€Å"The Chrysanthemums† by John Steinbeck a couple have issues with their relationship due to being overworked and not spending enough time together. The relationship and situation of the character is shown by the landscape, the deep issues between them and how they grow and change because of it. The first issue can be seen with the landscape, which relates to the main theme of loss of love over a long time due to overworkin g. We see this theme through out the story in many different ways. The discussion with the meat company is an example of this. When Henry is talking to the strangers his wife Elisa was working in the garden. This is an example of how divided they are in their relationship. Another example of where this happens is when Henry suggests they go out for dinner at a restaurant but his wife disagrees and wants to stay home. Another example is when they work outsideShow MoreRelatedAn Analysis Of John Steinbeck s The Chrysanthemums 1025 Words   |  5 PagesRichard Courtney ENG 1110 December 22, 2016 An Unsatisfied Life John Steinbeck’s â€Å"The Chrysanthemums† is a short story about a woman named Elisa and her unhappiness with her life. She is a woman living in a man’s world in the late 1930’s. Elisa and her husband, Henry, are childless. She is confined to a lonely life where she cares for her husband, their farm house, and her precious chrysanthemums. Throughout the story Steinbeck indicates Elisa’s struggle as a woman who wants more out of her lifeRead MoreAuthor s Date Of Birth : 19021075 Words   |  5 PagesMicah Koenigsberg Dr. Wanda White English 232-83 4 February 2015 Name of Author: John Steinbeck Author’s Date of Birth: 1902 Authors Date of Death: 1968 What genre of literature did this author typically write: Fiction and non-fiction Noted literary work: The Grapes of Wrath Work published: 1939 The Grapes of Wrath is one of John Steinbeck’s most popular novels; it earned him the Pulitzer Prize in 1940 (Lauter). The book is about an Oklahoma farming family who has to travel to California inRead MoreJohn Steinbeck2062 Words   |  9 Pagesminiature versions of books or novels, where an author takes a tale and crams it into a ten to twenty page story. John Steinbeck is not only a well-known novelist, but also writes short stories like â€Å"The Chrysanthemums† and â€Å"Flight†. In Steinbeck’s â€Å"The Chrysthemums† Elisa Allen is married to a negligent ranch owner. While her husband works on the ranch, Elisa tends to her chrysanthemum garden daily. One day while tending to her garden, a charming tinker man pulls up to her in his wagon and tries to

Schizophrenia Treatment and The Role of The Social Worker...

Schizophrenia Even with the advancements in science and the new technologies available, the causes of schizophrenia are still unknown. In 1911 a Swiss psychiatrist Eugen Bleuler, developed the term schizophrenia. â€Å"This word comes from the Greek roots schizo (split) and phrene (mind) to describe the fragmented thinking of people with the disorder† (Johns Hopkins Medicine). By developing the term schizophrenia, it allowed others to better understanding the disorder and move away from linking it to the common misunderstanding of having multiple or split personalities. Although this does not give us an understanding of the causes of the disorder, it does help to clarify and assist with classifying people with the symptoms associated with the†¦show more content†¦Other medications are also used to assist with treating other symptoms of the disorder or side effects of the prescribed medication. Medications may be given to help alleviate or reduce anxiety, aggression, agitation, and other positive or negative symptoms associated with schizophrenia. Medications will not cure the disorder, but will assist the person with functioning better on a day to day basis. Once the symptoms begin to reduce or subside, the individual may become more open to other treatment options as well as increase the effectiveness of the other treatments (Preston, ONeal Talaga, 2010). Other interventions and treatments that may be introduced once the individual is stable enough on medication to be receptive and benefit from these treatments include: individual therapy, group counseling, family counseling, vocational rehabilitation/training, social skills training, and daily living skills training. 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The Oxford dictionary defines schizophrenia as; A long-term mental disorder of a type involving a breakdown in the relation between thought, emotion, and behavior, leading to faulty perception, inappropriate actions and feelings, withdrawal from reality and personal relationships into fantasy and delusion, and a sense of mental fragmentationRead MoreThe Issue Of Child Onset Schizophrenia Essay1612 Words   |  7 Pages SOWK 506- Fall 2015 Assignment #3: Child Onset Schizophrenia Becki Kennedy and Mary Marrone USC School of Social Work December 11, 2015 Martha Lyon-Levine Introduction This research paper focuses on the issue of child onset schizophrenia, specifically looking at the prognosis, symptoms, stigma, and most effective treatment options for children. This topic has become a significant social issue as a result of the recent mass school shootings throughout the nation

Congress Should Raise The Federal Minimum Wage - 1042 Words

Many Americans agree that Congress should raise the federal minimum wage, but do individuals truly know the effects of increasing the minimum wage to $15? Some people only look at the comprehensive view of seeking a higher salary, but the increase can cause many negative, as well as positive, effects. Several economists from across the country have done extensive research over the topic of the minimum wage increase, and many differing opinions have formed. The effects can vary from person to person depending on location and implementations that a business takes. Congress last raised the minimum wage to $7.25 in 2009; consequently, a rise to $15 would implement over a 100% increase in the minimum wage. A percentage this high has never†¦show more content†¦These outside factors help business owners find ways to implement the higher labor costs. An increase in minimum wage will have a different outcome for each business. To cover the higher wages and payroll costs, business es must reduce employment or find a way to adjust to the higher costs. History has shown that implementations of new techniques can take effect, such as raising the prices of the distributed products. By raising the prices slightly, a company can take the additional revenue to apply towards the payroll account. Some businesses already have a large profit margin; consequently, they can adjust their budgets to arrange the revenue to cover the increase in the payroll accounts without raising the prices of the products (Wicks- Lim). This adjustment would not affect the workers; however, the employer would take the deficit in the revenue. Unfortunately, some businesses must eliminate jobs and possibly turn to technological advances to avoid the increase in wages (Sherk). The funds saved from the turnover would then pay for the employees left on the payroll. Businesses should never see a drastic decline in revenue from an increase in minimum wage, so overall a business could argue they can still prosper, if the minimum wage rose to $15. The proposal to increase the minimum wage to $15 should directly impact the low-wage workers affected by minimum wage. The envisioned outcome of the proposal is to â€Å"improveShow MoreRelatedFederal Minimum Wage Should Be Increased1180 Words   |  5 Pagesstarted to come to conclusions that the federal minimum wage is excessively low. The government can stand to help people gain more money, resulting in a less poverty-stricken country. The cost of living or gaining has increased significantly over the past twenty years, and the minimum wage, for most isn t enough for them to support themselves. There have been efforts to increase the federal minimum wage, but none has succeeded in getting approved. Minimum wages are too low for a human, to provideRead MoreCongress As Part Of The Fair Labor Standards Act1084 Words   |  5 PagesCongress as part of the Fair Labor Standards Act (FLSA) instituted minimum wage back in 1938. The first minimum wage was at $0.25 per hour and the last minimum wage increase occurred in 2007. Over the past 65 years the minimum wage has varied considerably in inflation-adjusted buying power. It has averaged $6.60 an hour in purchasing power in 2013 dollars, but it has ranged from a low of $3.09 an hour in late 1948 to a high of $8.67 an hour in 1968. Today’s minimum wage buys somewhat more than theRead MoreMinimum Wage Should Be Legal1156 Words   |  5 Pagesbusinesses argued about minimum wage. Whether it should be raised or leave it the way it is. But, what exactly is minimum wages? Minimum wage is the least amount of money per hour that must be paid to a worker after surrounding a service according to the law. Many working class families’ lives depend on this minimum wages. There are few families who make less than $15000 a year who feed their families on this salary and still pay bills from it. Over the past year, the federal government has been wor kingRead MoreMinimum Wage Persuasive Essay1106 Words   |  5 Pagesdeserve more than the federal minimum wage? If you said yes then perhaps you are unaware of the many negative effects surrounding a higher minimum wage and after reading this you will be educated on why the minimum wage should not be raised. In the beginning, the minimum wage was created with good intentions. It was originally established in 1938 and was $.25 an hour (Sessions). It was created to make sure that businesses would not take advantage over workers. While the minimum wage was and still is aRead MoreMinimum Wage and Its Implications763 Words   |  3 PagesMinimum wage affects everyone. The current minimum wage is at $7.25 and President Obama announced that he wished to see a change in the minimum wage, he wants to raise the hourly wage to $10.10. A rise in the income of those who are employed will also raise the cost of hiring unskilled labor and can potentially reduce the number of people hired by busi nesses. Also, if minimum wage is raised then the price of the products that the companies are making might increase which will continue the cycle ofRead MoreEssay on The Minimum Wage Should be Raised1371 Words   |  6 PagesMinimum wages go all the way back to 1938, during the great depression, when the stock market crash and bank loan were failing. Families need income of some type, were they wanted to make it fair were individual could get pay the same without a college degree. I am going to start off with a little about minimum wages history and how this could help our Economic. In 1892 Federal Government adopt an 8 hour workday and other wages standard for employee. In 1903 Congress create the U.S. DepartmentRead MoreWhy we should raise the minimum wage1202 Words   |  5 Pagesworked on minimum wages are struggling to live on a salary that is below the poverty threshold. In 2012, the U.S census posted that in a family of three; their income is 18,552, (U.S Census). In most case, one member of the family is working on a minimum wage salary which is below 18,552, (U.S. Dept. of Labor). It has been almost a five years since congress has raised the minimum wage (Huff Post). Throughout my argument, I will share my thoughts as wells as facts on why congress should agree to raiseRead MoreThe Framers Of The Constitution930 Words   |  4 PagesThe framers of the Constitution predetermined that the Congress to be the foremost branch of the government. But not all the powers are enumerated in the Constitution, leaving some roof to the Supreme Court interpretation. Enumerated Powers, are the powers that are listed in the Constitution, which the Congress can hold to. Implied power is the last clause of the Article I, Section 8, of the Constitution. It states that Congress my p ass any law that is â€Å"necessary and proper† in order to be able toRead MoreThe Effects Of Minimum Wage On The Economy1391 Words   |  6 PagesThe Effects Minimum Wage on the Economy The controversial topic about increasing minimum wage is debated countless times over the years. Minimum wage is the lowest wage an employer can pay an employee permitted by law. The contemporary federal minimum wage is $7.25. Minimum wage applies to all domestic workers but teenagers are the main receivers of minimum wage. Minimum wage has a major effect on the economy. The question is are the effects positive or negative. There are many arguments on whetherRead MoreRaising The Federal Minimum Wage1277 Words   |  6 Pagesraising the federal minimum wage that has developed nation wide attention, including protesting and arguments, has caused many discussions on why it could potentially help the economy grow and how it could result in the crash of the economy. Many people feel like raising the federal minimum wage is a must, while others think it will destroy the economy. There are many benefits that come with raising the federal minimum wage, but those benefits also come with many disadvantages. The first federal minimum

Key Responsibilities of Malaysian Taxpayers-Samples for Students

Question: Discusss about the Key Responsibilities of Malaysian Taxpayers in the Process of Tax Compliance. Answer: Introduction In the recent past, the Malaysian tax system introduced a new tax system by shifting from the Official Assessment System (OAS) and adopting the Self-Assessment System (SAS). It is worth pointing out that the new system brought about a considerable shift of the responsibility from the government to the taxpayers (both individual and corporate) with regards to their compliance objectives (Sapiei Kasipillai, 2013). Specifically, the new systems created additional compliance responsibilities for the taxpayers such as the duty to report, compute, and pay their taxes according to the Malaysian tax laws (Okello, 2014). Additionally, the taxpayers are also responsible for maintaining proper records as well as retaining the records in safe custody. The key objective for introducing the new tax system was to increase the collection rate, encourage voluntary compliance among citizens and minimize the costs of tax collection. Key Responsibilities of Taxpayers Notification of Chargeability Individual Taxpayer. According to Malaysian tax law S77(3), whenever a person arrives in the country during a calendar year, and he or she is liable to tax to in Malaysia for that given year or for the year that follows, they should inform the DG that they will be so chargeable within a period of two months after their arrival. It is worth pointing out that this responsibility is applicable despite the fact that the individual may be a tax resident or a non-tax resident in the country. Notably, this duty to notify the DG on chargeability applies as long the person gains income that is subject to tax in the country. Corporate taxpayers Unlike the individual taxpayer, the corporate taxpayer is not charged with the responsibility of initiating a notification of chargeability to the Director General according to the tax rules and regulations of Malaysia. Furnishing Returns Individuals According to S77 (1) every resident with a chargeable income in a particular year of assessment must provide a tax return in the recommended form B or Form BE (ACCA Global, n.d.). Important to note is that this furnished tax return must also be filed by 30th June of the following year if he operates a business (ACCA Global, n.d.). Alternatively, the same may be filed on 30 April of the next year if the individual earns income from other non-business income generating activities (ACCA Global, n.d.). Corporate Likewise, in S77A(1) corporate entities such as LLPs, companies and trusts are charged with the responsibility of supplying their annual tax returns within 7 months after the close of their financial year that constitutes the basis period for the period of assessment. Additionally, a corporate entity is expected to file its tax returns through an electronic transmission or medium. Furthermore, these returns must be audited by a professional accountant (ACCA Global, n.d.). Pay tax on time by monthly tax deductions or installments Individuals According to the Malaysian tax laws, individuals are subject to monthly tax deductions (MTD) from their monthly emoluments. For those people who earn their income from sources other than salaries, the Director General may approximate their taxable amount based on the previous periods tax payable and then call for them to pay the estimate in installments at given due dates. In the event that these installments remain unpaid 30 days after the due date, the taxpayer is charged a penalty equal to 10 percent of the unpaid amount (Choong, 2017). Corporate All corporate entities are required to provide their tax estimates to the tax authority less than 30 days before the start of the tax period for that year. This tax approximation is required to be at least 85 percent of the tax paid in the directly preceding year (Josef, 2017). Also, the law requires that this estimate be paid in 12 equal installments beginning from the 2nd month of the payment period (Josef, 2017). Notify Any Change of Address Individual According to S89, every individual taxpayer in the country is charged with the duty to notify the Director General of any changes in their address within three months of the shift. The law also requires that such a notification be made in writing. Corporate Just like the individual, all corporate units are required to inform the Director General of any changes in their address within a period of three months after they move under S89 (ACCA Global, n.d.). Also, the company must relay this information in form of writing. Keep Records, Documents and Receipts Individuals S82A of the Malaysian tax laws requires that every person who is required to furnish their return of income must keep sufficient documents such as statements of income for 7 years from the end of the relevant year of filing (Hui Xin et al., 2015). Corporate In addition to maintaining sufficient documents, S82 (1) requires that corporate entities must keep relevant records of books of accounts, vouchers, invoices, receipts, and any other records specified by the Director General for 7 years after the end of the period of assessment (Kasipillai, 2017). Factors that influence tax payers to seek assistance of tax agents in filing returns Complexity of the Income tax system Individuals and corporate entities often seek the assistance of tax agents due o the complex nature of the tax system. As such, tax agents are experts and understand the various laws are regulations that govern the filing of tax returns for individuals and businesses, thereby reducing the possibilities of non-compliance or filing of the wrong tax returns. High cost of non-compliance The Malaysian tax law has set a strict penalty for individuals and companies that are non-compliant to paying their taxes. Currently, the cost of non-compliance is significantly bigger than the cost of compliance. As a result, individuals and corporate entities are more keen on filling correct returns to avoid penalties and, therefore, seek the assistance of tax agents to help them avoid the high cost of incompliance. Tax agents help save money Tax agents are professionals in the field of tax and can easily detect instances where a significant deduction or tax credit is warranted for the individual or an organization. Therefore, firms and individuals seek the guidance of tax agents to assist them in tax filling as well as capture possibilities of tax breaks, credits and deductions that may help them save on tax costs (Top Ten Reasons, 2013). Saves on Time and energy The process of calculating and filing for taxes at the individual and corporate level can be very time consuming even for professionals. Thus, when an inexperienced person tries to perform the task it may be very time consuming and frustrating (Vetter, 2017). For this reason, individuals and corporate entities prefer to hire professional tax agents to take care of their tax responsibilities in order to save on time which could be used to perform other important tasks. Help Plan for the Future Aside from filing taxes, tax agents offer professional and expertise advice on how the individual or corporate entity can plan for the future. As such, they can pull reports from the past and examine the seasonality of income and provide an objective insight on how to maintain a stable stream of income. Therefore, people and corporate units hire tax agents as they benefit them by helping them plan objectively for the future. Conclusion All in all, all factors taken into consideration, both the corporate and individual Malaysian taxpayer are charged with various key responsibilities in the process of tax compliance. Specifically, they are responsible for notifying the DG for chargeability, furnishing tax returns, keeping sufficient business records and documents, paying taxes on time and notifying the DG on any changes in their address. Also, corporate and individuals hire tax agents due to factors such as high cost of non-compliance, saves on time and energy, complexity of Malaysian tax laws and they help in saving money References Aspects of tax administration in Malaysia. (2018). ACCA Global. Retrieved 4 April 2018, from https://www.accaglobal.com/ca/en/student/exam-support-resources/professional-exams-study-resources/p6/technical-articles/tax-admin-my1.html Choong, K. F. (2017). Malaysian Taxation: Principles and Practice (23rd ed.). KL: Infoworld. Hui Xin, M.K., Khai, K. G., Fong, L. S., Chen, N. H. (2015). Factors Affecting Individual Taxpayers Compliance in Malaysian Tax Filing System. The International Journal of Business Management, 3(9), 339-345. Josef, V. (Ed.) (2017). Malaysia Master Tax Guide, (34th ed.). KL: CCH Asia PTE Limited. Kasipillai, J. (2017). A Guide to Malaysian Taxation (4th ed.). KL: McGraw Hill Education (Malaysia). Okello, A. (2014). Managing Income Tax Compliance through Self Assessment. IMF. Retrieved 4 April 2018, from https://www.imf.org/external/pubs/ft/wp/2014/wp1441.pdf Sapiei, H., Kasipillai, J. (2013). Impacts of the Self -Assessment System for Corporate Taxpayers. American Journal of Economics, 3(2), 75-81. Retrieved from https://umexpert.um.edu.my/file/publication/00006156_95497.pdf Top Ten Reasons to Hire a Professional Tax Preparer. (2013). CPA Practice Advisor. Retrieved 4 April 2018, from https://www.cpapracticeadvisor.com/news/10893406/top-ten-reasons-to-hire-a-professional-tax-preparer Vetter, A. (2017). 5 reasons why your business needs an accountant. (2013). The Business Journals. Retrieved 4 April 2018, from https://www.bizjournals.com/bizjournals/how-to/growth-strategies/2015/04/5-reasons-why-your-business-needs-an-accountant.html