Thursday, May 21, 2020

Critique of Sap System - 983 Words

Critique of SAP system Introduction: SAP ERP is an integrated enterprise resource planning (ERP) software manufactured by SAP AG that targets business software requirements of midsize and large organizations in all industries and sectors. More than 2,300 customers are using the latest version of mySAP ERP. It is a real-time process system which all the users log on the central platform server. There are many sub-functions of SAP including SAP ERP Financials, SAP ERP Human Capital, Management SAP ERP Operations, and SAP ERP Corporate Services. We only focus on the revenue cycle and expenditure cycle of the SAP system which is direct related to the accounting information system. Expenditure cycle: About master records: The expenditure†¦show more content†¦Special procedures usually apply for requisition plant and equipment or for entering into lease contracts. About purchase order: In SAP, purchase orders can be created with or without reference to a purchase requisition or a RFQ. That increase the risk of purchases made for unauthorized purposes. We can reset the system that except for programmed inventory replenishment, the purchase department issue purchase orders only on the receipt of requisitions properly approved by an employee who has appropriate requisitioning authority. We can also improve the efficiency of the system by centralization of purchasing in a specialized department. The purchase department is better able to negotiate more favorable terms and prices and, by amalgamating orders, can obtain better volume discounts. About receiving: In receiving goods, SAP can suggest data from the purchase order when the goods receipt is entered in the system. That’s the same effect as the blind copy of PO, it is more efficient because the system can tell the receiving department the right amount immediately. But compare with manual process, the SAP system often eliminates the segregation of duties. However, SAP is the best ERP system to help resolve the segregation of duties problem, which is a basic, key internal control. SAP currently provides more than 150 predefined user roles, which act to limit a user’s access to only certainShow MoreRelatedThe Age Of Five Years Old Essay839 Words   |  4 Pagesto poverty. Education acts as a tool for reflecting on all the inequalities imbedded within a society. In a Freirean sense, education provides a critique of society and offers a means of change through revolution. Education has the power of liberation. Throughout Africa, education systems are experimenting with glo balized curriculum, new testing systems, and health education initiatives (Meyer, 2003). But in order to do so, African governments need funding. Most African countries face economic declineRead MoreThe Economic And Social Effects Of Globalization On Jamaica1140 Words   |  5 Pagesservices, easier and greater access to commodities, increased competition, and the opportunity to diversify markets which help contribute to economic growth (Manfred, 2013). However, less developed countries do not gain advantages, as policies from SAPs create high interest rates and wage guidelines. Further, local workers such as farmers lose their jobs, and many perform unregulated low-wage labour for rich corporations under hazardous conditions (Manfred, 2013). Moreover, the documentaryRead MoreThe Modern Development Project ( Mdp )1037 Words   |  5 Pages(MDP), is exposed through a critique of its framework and the false assumptions that it is founded upon. The parameters of this argument draw upon the limitations of Gross Domestic Product (GDP) as a measurement tool, and a deconstruction of the paradox that the MDP creates. A critical historical approach is used in order to expose the bias of history and examine the roots of the inequities present within the modern world. The Cold War climate universalised the state system, resulting in the nation-stateRead MoreCmgt 554 Week4 Essay1623 Words   |  7 PagesAssignment – Patton-Fuller Community Hospital University of Phoenix CMGT 554 Patton-Fuller Community Hospital Information systems assist Patton-Fuller Community Hospital in setting and accomplishing it goals of improving and collaborating interdepartmentally with management, employees, staff, and customers (Apollo Group, Inc, 2013). Proficient information systems objectives are to provide effective and efficient services; add profit and cost-avoidance; and social responsibility (Blue AvenueRead MoreThe World Of The 21st Century2489 Words   |  10 Pagesfoster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world (IMF.org). One of Davis greatest critiques of the organization were their series of SAPs - Structural Adjustment Programs - which are economic policies where the World Bank gave loans to developing countries conditional on following certain policies. They are designed to encourage the structural adjustment ofRead MoreThe Agenda Of Multilateral Orga nizations1841 Words   |  8 PagesStudy Objective and Rationale: The focus of this study is to critique the neoliberal agenda of multilateral organizations, specifically the World Bank), its role in the global initiative of the Educational for All (EFA) movement through a case study of Tanzania’s educational outcomes. Objective: By focusing on the Educational for All (EFA) initiative in Tanzania, this study reviews the influence and impact of international actors, including the World Bank, UNESCO, and UNICEF, on progressing theRead MoreGlobalization Is An Undeniable Reality Of The Modern World Essay1630 Words   |  7 Pagesmeans different things to different people. The debate about globalization is particularly complex because of the wide variety of ways that globalization affects people. Everyone has a stake in globalization, but some have more power to affect the system than others, Rebecca Todd Peters, in her book In Search of the Good Life, attempts to clarify the debate about globalization by identifying the 4 main viewpoints that exist. She identifies the dominant theories of globalization as neoliberalism andRead MoreThe Value Of Forensic Audit1472 Words   |  6 Pagesinternational best practices could be utilised to detect and prevent asset misappropriation fraud. The challenges researcher faced was that there is no ease of access to statistics or monetary values of financial losses from the South African Police Services (SAPS ) , the Directorate for Priority Crime Investigations ( Hawks) or other Chapter 9 institutions such as the Public Protector relating to asset misappropriation in South Africa ,however the researcher ‘passion and desire to advocate a fraud free environmentRead MoreVisioning Information Technology at Cirque Du Soleil3113 Words   |  13 PagesThe traditional circuses had barely evolved in the past century until Cirque came in. It is a blend of both the traditional and also contained the sophisticated elements of a circus. This new kind of a show won the hearts of many people and the critiques. Cirque had quick success. They started presenting shows in many cities and they were warmly welcomed everywhere. By the year 2000, Cirque had three resident shows in different locations and also had five touring shows simultaneously. EstablishmentRead MoreBat: Project Management and Case Study5228 Words   |  21 PagesCase Study II-2 The Challenges of Local System Design for Multinationals: The MaxFli Sales Force Automation System at BAT Overview (Class Discussion Case) Large multinational corporations are designed to leverage economic efficiencies in economy of scale and economy of scope across geographic regions. These efficiencies are challenged when local market tastes, business processes, or regulations render a one-size-fits-all solution suboptimal. In contrast, locally-tailored solutions may fail

Monday, May 18, 2020

What Is Pumice Rock Geology and Uses

Pumice is a light-colored volcanic rock. Its extremely porous, with a foamy appearance. Crushing pumice rock into a powder produces a substance called pumicite or simply volcanic ash. Key Takeaways: Pumice Rock Pumice is an igneous rock that forms when magma suddenly depressurizes and cools.Essentially, pumice is a solid foam. It is light enough to float on water until it becomes waterlogged.Pumice occurs worldwide wherever explosive volcanic eruptions have occurred. Leading producers include Italy, Turkey, Russia, United States, and Greece.Uses of pumice include making stone-washed jeans, as an abrasive, to retain moisture in horticulture, for water filtration, and to manufacture cement. How Pumice Forms Pumice forms when super-heated, pressurized molten rock violently erupts from a volcano. Gases dissolved in magma (mainly water and carbon dioxide) form bubbles when pressure suddenly decreases, in much the same way carbon dioxide bubbles form upon opening a carbonated drink. The magma swiftly cools, producing a solid foam. While pumicite may be produced by crushing pumice, it also occurs naturally. Fine-grained pumicite forms when magma containing a high concentration of dissolved gases suddenly depressurizes and cools. Volcanic eruptions can form vast beds of pumice, like this stone field in Argentina. E.Hanazaki Photography / Getty Images Pumice Composition Pumice forms so quickly that its atoms often dont have time to organize into crystals. Sometimes there are crystals present in pumice, but most of the structure is amorphous, producing a volcanic glass called a mineraloid. Pumice consists of silicates and aluminates. The silicic and felsic matter may include rhyolite, dactite, andesite, phonolite, pantellerite, trachyte, and (less commonly) basalt. Properties While pumice occurs in a variety of colors, it is almost always pale. Colors include white, gray, blue, cream, green, and brown. The pores or vesicles in the rock take two forms. Some vesicles are roughly spherical, while others are tubular. Probably the most significant property of pumice is its low density. Pumice tends to be so light that it floats on water until its vesicles fill and it eventually sinks. Before it sinks, pumice can float for years, potentially forming huge floating islands. Pumice rafts from the 1883 eruption of Krakatoa drifted around 20 years. Pumice rafting disrupts shipping and is important in the dispersal of marine organisms to new locations. Pumice Uses Pumice occurs in everyday products and has many commercial uses. Pumice stones are used as personal skin exfoliants. Stone-washed jeans are made by washing the denim with pumice rocks. The Greeks and Romans rubbed the rocks on their skin to remove unwanted hair. Because the rocks retain water, they are valued in horticulture to grow cacti and succulents. Pumice stones are natural exfoliants. Achim Sass / Getty Images Ground pumice is used as an abrasive in toothpaste, polishes, and pencil erasers. Some types of chinchilla dust bath powder consists of pumice powder. The powder is also used to make cement, filter water, and contain chemical spills. Where to Find Pumice Any violent volcanic eruption may produce pumice, so it is found worldwide. It is mined in Italy, Turkey, Greece, Iran, Chile, Syria, Russia, and the United States. Italy and Turkey led production in 2011, mining 4 million tonnes and 3 million tonnes, respectively. Pumice Versus Scoria Scoria is a porous rock that is darker and denser than pumice. lrosebrugh / Getty Images Pumice and scoria are two similar, commonly-confused igneous rocks. Scoria or lava rock forms when dissolved gases in magma come out of solution, producing bubbles that are frozen in shape when the molten rock cools. Like pumice, scoria contains porous vesicles. However, the walls of the vesicles are thicker. Thus, scoria is darker in color (black, purplish red, dark brown) and more dense than water (sinks). Sources Bryan, S.E.; A. Cook; J.P. Evans; P.W. Colls; M.G. Wells; M.G. Lawrence; J.S. Jell; A. Greig; R. Leslie (2004). Pumice rafting and faunal dispersion during 2001–2002 in the Southwest Pacific: record of a dacitic submarine explosive eruption from Tonga. Earth and Planetary Science Letters. 227: 135–154. doi:10.1016/j.epsl.2004.08.009Jackson, J.A.; Mehl, J; Neuendorf, K. (2005). Glossary of Geology. American Geological Institute. Alexandria, Virginia. 800 pp. ISBN 0-922152-76-4.McPhie, J., Doyle, M.; Allen, R. (1993). Volcanic Textures: A guide to the interpretation of textures in volcanic rocks. Centre for Ore Deposit and Exploration Studies. University of Tasmania, Hobart, Tasmania. ISBN 9780859015226.Redfern, Simon. Underwater volcano creates huge floating islands of rock, disrupts shipping. Phys.org. Omicron Technology Ltd.Venezia, A.M.; Floriano, M.A.; Deganello, G.; Rossi, A. (July 1992). Structure of pumice: An XPS and 27Al MAS NMR study. Surface and Interface Anal ysis. 18 (7): 532–538. doi:10.1002/sia.740180713

Wednesday, May 6, 2020

Israel Is Considering For Their Easy Sailing Economy

Israel, also known as the Holy Land. Most people only recognize Israel for the history of the City and for becoming allies with America. What most people do not know is the impact of foreigners in their economy. Israel is considering for their easy sailing economy. Israel currently has a modern market economy and excels in natural gas that was discovered off shore. Local business are supported by continuous high technology startups per capita. In 2013 Israel ranked ninetieth as one of the highly-developed countries compared to over 187 nations. Their current GDP is $299.42 billion dollars. In the past four years, the unemployment rate has dropped by 2.8% due to the job opening provide by the local government. Israel relies off of many†¦show more content†¦In the past 20 years Israel has had an increase in annual exports raise about $20 million and $1.2 million over the past four years. Nearly 2.8% of the country s GDP is derived from agriculture. Of a total labor force of 2.7 million, 2.6% are employed in agricultural production while 6.3% in services for agriculture One of the top industries that impact Israel’s economy the most is the tourists. Tourists come from all over to visit Israel. Most of the attractions include religious places, archeological items, and the almost unlimited sunshine aspects such as the various seas including the Galilee, Mediterranean, Dead Sea, and many more. In the years of 2000 Israel was topped as one of the top 3 most visited cities. They opened their doors to over 3 million travelers a year. Travelers enhanced the foreign currency earnings of $2.8 billion in 2006, i.e. 5 percent of the income from all exports and 16.8 percent of the export of services, With the impact of the visitors it provides 80,000 more jobs and adds nearly 85% to the currency. Despite economic prosperity, the Israeli economy faces many challenges, some are short term and some are long term challenges. On the short term its inability to duplicate its success in the telecommunication industry into other growing industries hampers its economic outlooks. Its inability to foster large multinational companies in the last decade also calls into question its abilityShow MoreRelatedDoing Business in Curacao Essay14368 Words   |  58 Pagesmultinational investors. This guide was prepared to better acquaint potential investors with the business climate in Curaà §ao. The information contained in the following pages was comprised through the mutual efforts of many people in vital sectors of the economy. Their effort in making this guide as concise as possible is appreciated. The guide is not intended to be all encompassing, yet it serves as a good reference to the Curaà §ao business environment. If further information should be required, please doRead MoreStephen P . Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesAutonomy Needs Around the Globe 210 Self-Assessment Library What Are My Course Performance Goals? 214 Point/Counterpoint Fear Is a Powerful Motivator 229 Questions for Review 230 Experiential Exercise Goal-Setting Task 230 Ethical Dilemma The Big Easy? 230 Case Incident 1 It’s Not Fair! 231 Case Incident 2 Bullying Bosses 231 8 Motivation: From Concepts to Applications 239 Motivating by Job Design: The Job Characteristics Model 240 The Job Characteristics Model 240 †¢ How Can Jobs BeRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 Pagesschoolchildren find resources via Internet searches rather than card catalogs in school libraries. Today’s consumers also live in what has been called an increasingly â€Å"flat world† in which IT linkages across emerging, developing, and developed economies help to â€Å"level† the economic playing field (Friedman, 2005). Citizens across the globe may have access to world news online. Geographical positioning systems not only help travelers find the best route to their destination but can also facilitateRead MoreFundamentals of Hrm263904 Words   |  1056 PagesHandling a Grievance 364 Learning an HRM Skill: Negotiation Skills 365 Enhancing Your Communication Skills 365 Endnotes 367 Glossary 389 Company Index 395 Subject Index 398 Unionizing Employees 349 Collective Bargaining 350 Preface The sailing crew on the cover faces many of the same goals and challenges as any organization in our unpredictable business environment. Success and possibly survival depend on a well designed boat with a carefully selected and thoroughly trained crew that understandsRead MoreCloud Computing Security67046 Words   |  269 Pagessketch out the rough data flow for any options on your acceptable list. This is to insure that as you make final decisions, you’ll be able to identify risk exposure points. Conclusions You should now understand the importance of what you are considering moving to the cloud, your risk tolerance (at least at a high level), and which combinations of deployment and service models are acceptable. You should also have a good idea of potential exposure points for sensitive information and operations.Read MoreLogical Reasoning189930 Words   |  760 Pagesmatter of which side has a longer list of reasons. Weighing means considering how much youd gain or lose if one of the consequences were to occur. Also, you should consider how probable it is that a particular consequence would really occur. Dont give much weight to a possible consequence that is one in a million. More precisely stated, the procedure of weighing the pros and cons is a decision procedure that requires (1) considering the possible courses of action (pack up and hike back out, stayRead MoreDeveloping Management Skills404131 Words   |  1617 Pageshigher the market share of a firm, the higher its profitability); firm capital intensity (assuming that the more a firm is automated and up-to-date in technology and equipment, the more profitable it is); size of the firm in assets (assuming that economies of scale and efficiency can be used in large firms to increase profitability); industry average return on sales (assuming that firms would reflect the performance of a highly profitable industry); and the ability of managers to effectively manageRead MoreProject Mgmt296381 Words   |  1186 Pagessometimes used here to assess current and future directions. Opportunities and threats are the flip sides of each other. That is, a threat can be perceived as an opportunity, or vice versa. Examples of perceived external threats could be a slowing of the economy, a maturing life cycle, exchang e rates, or government regulation. Typical opportunities are increasing demand, emerging markets, and demographics. Managers or individual firms have EXHIBIT 2.1 Characteristics of Objectives S M A R T SpecificRead MoreInnovators Dna84615 Words   |  339 PagesAppendix C: Developing Discovery Skills Notes Index Acknowledgments About the Authors 241 245 249 261 269 283 295 100092 00a 001-014 INT r1 go.qxp 5/13/11 9:53 AM Page 1 Introduction I It’s the lifeblood of our global economy and a strategic priority for virtually every CEO around the world. In fact, a recent IBM poll of ï ¬ fteen hundred CEOs identified creativity as the number-one â€Å"leadership competency† of the future.1 The power of innovative ideas to revolutionize industries

Personal Health Assessment Paper - 777 Words

Personal health assessment paper SCI100 University of Phoenix Ms. S. Bratton 12/06/2010 Shayla Simpson Simpson 1 Keeping yourself healthy emotionally, physically, and spiritually will help you build; develop a happy, productive life. Studies were done and it was found that people who volunteer, go to church, or belong to a club are more likely to have better health than people who dont engage in social activities on a routine basis. This information that I read I found to be very interesting only because I guess I†¦show more content†¦The third one is spiritual, when someone goes through tough times such as job loss, death, or anything that can cause a set back in your health it can cause you to tend not to care about yourself and you can do more harm to yourself like that by not taking care of yourself. When you allow yourself to be spiritual and focus on good things and blessings that are being bestowed you, you have no choice but to do right and not allow for negative things cause you to mess with our health. A dimension I feel I need to improve on would be Physical Wellness, I sa y this because I am the type who set out goals for myself, however I do not stick through with them and then when I feel myself starting to take steps back, such as eating things I know I have no business eating or not taking my blood pressure medicine, I can not get upset with anyone but myself. Physical wellness should be important to everyone, some people however do not take their lives seriously and then when it time to become Simpson 3 It can sometimes be too late. I have learned over some years by watching those that mean a lot to me let their lives become of nothing because they do not worry about their physical appearance or the foods that they eat, and even though you can give them all the advice to try and persuade them they are determined to do what they feel and what they want to do. I would love to work on not eating so much spicy food; I have been eating spicy things since I was aShow MoreRelatedEssay on Personal Heritage Assessment1520 Words   |  7 PagesRunning head: PERSONAL HERITAGE ASSESSMENT AND ITS USEFULNESS Personal heritage assessment and its usefulness April 15, 2012 Personal heritage assessment and its usefulness INTRODUCTION: In this paper, the writer will focus on the usefulness of applying a heritage assessment in evaluating the needs of person as a whole, three different family’s opinions on health maintenance, health protection and health restoration. Also this paper will identify health traditions as regards to culturalRead MoreHeritage Assessment Essay1391 Words   |  6 PagesOther Topics Heritage Assessment In: Other Topics Heritage Assessment Heritage Assessment Latasha Rice, WCC- RN Grand Canyon University: NRS 429v Date: 8/31/2012 What is a heritage assessment? A heritage assessment is a subpart to the overall nursing assessment. Assessing a patient’s heritage allows the nurse to obtain more information about a patient’s culture, including beliefs about health and values, this is importantRead MoreInvestment Decisions. Answer: -1524 Words   |  7 PagesPersonal Heritage Assessment Question: What are the Personal heritage assessment and its usefulness? In this paper, the writer will focus on the usefulness of applying a heritage assessment in evaluating the needs of person as a whole, three different family’s opinions on health maintenance, health protection and health restoration. Also this paper will identify health traditions as regards to cultural heritage of the writer, then how the three families interviewed in this paper follow theirRead MoreThe Adolescent Depression Scale, The Geriatric Pain Assessment Tool1377 Words   |  6 PagesUtilization of assessment tools is helpful in depicting underlying hindrances. This paper will address the geriatric depression scale, the geriatric pain assessment tool, an assessment of the environment, advanced directives, and teaching topics, along with interventions for an older adult. Assessment Tools Assessment tools serve the purpose of evaluating risk factors that may be overlooked during a brief assessment. It is a method of attaining information as part of the overall assessment of a patientRead MoreOrganizational Model Of Healthcare Performance1587 Words   |  7 PagesPerformance, Quality Assessment and Management High performing healthcare organizations provide quality patient care that is cost efficient. Metro Health has an effective organizational model for its quality assessment and management of healthcare performance. The purpose of this paper is to describe Metro Health’s quality program, management structure, goals, and objectives. Next, this paper will discuss the selection, methodology, and management of quality programs at Metro Health. In addition, thisRead MoreHeritage Assessment Essay1346 Words   |  6 PagesHeritage Assessment Cheri Montoro Grand Canyon University NRS-429V Linda Gobin August 06, 2013 Heritage Assessment This paper will assess and discuss the usefulness of applying the Heritage Assessment tool to evaluate three different families each one from different cultural backgrounds consisting of Greek, Italian, and Hispanic ethnicities. This paper will also compare similarities and differences related to health maintenance, health protection and health restoration and the culturalRead MorePersonal Information On Health Care Organizations Essay1694 Words   |  7 Pages 5) Limiting Use, Disclosure and Retention: Personal information can be collected or disclosed for the purpose, it was taken. For other purposes, consent is required. Personal information should be kept as long as necessary. 6) Accuracy: Health care organization must make effort to reduce the risk when incorrect personal information is used or disclosed. 7) Safeguards: Health care organizations must protect personal information from loss or theft. They must create safeguards to prevent unauthorizedRead More Health Concerns for Children in Maricopa, Arizona1224 Words   |  5 PagesHealth Concerns for Children in Maricopa Arizona We all grew up in communities with grandmothers who cooked two, three vegetables that you had to eat. There was no ifs, ands or buts about it. But thats because many of our grandparents, they had community gardens; there was the vegetable man that came around. There were many other resources that allowed them to have access. So its not that people dont know or dont want to do the right thing; they just have to have access to the foods that theyRead MoreGood Personal Hygiene875 Words   |  4 Pagesï » ¿IC01 Credits Value 3 Level 2/ 3 The principles of infection Prevention and Control To cover assessment criteria, learning outcome and knowledge LO 1.1, 1.2 1) Explain employees’ roles and responsibilities in relation to the prevention and Control of infection. To control and prevent the spread of infections in the work place and have good personal hygiene at all times making sure you use the right p.p.e and discarding all materials in the correct and safe way. Read MoreThe Rising Gerontological Population Across The World Essay842 Words   |  4 Pagespopulation across the world demands attention from health care professionals to optimize health and quality of life. Over the years, various screening tools have been developed to screen for multifactorial facets of health. These tools will aid an older adult to augment health concerns. To view perspectives through the lens of an older adult, health care professionals must delve into a personal level in the world of old age. The purpose of this paper is to provide information based upon an interview

Ending to Lamb to the salughter Free Essays

1 year after Mrs. Maloney had murdered her husband. The cell of Mrs. We will write a custom essay sample on Ending to Lamb to the salughter or any similar topic only for you Order Now Maloney was dark and cold covered with cobwebs and dust from the years of the past. Mrs. Maloney sat on her bed awaiting the first light of dawn through the small window of her cell. She shared this cell with another called Fran. Fran had been put into to jail for stealing two vans and à ¯Ã‚ ¿Ã‚ ½5,000,000. Suddenly the bell for breakfast rung. â€Å"Come on Fran wake up! Come on!† Fran sat up on here bed rubbing her eyes. â€Å"What’s the time?† asked Fran, in her cockney slang voice. â€Å"Half eight exactly† replied Mrs. Maloney. â€Å"Here you go girls. The usual.† said the guard. â€Å"Don’t forget what day it is today Fran!† as the guard shouted back to their cell. â€Å"I can’t wait until I am out of this place for good. I have promised myself that I will never steal again.† â€Å"Good on you Fran. I am so pleased you are nearly a free women. Is there anyone you are expecting to see you?† â€Å"Yes. Now you mention it I wonder if Tony will be here this afternoon.† â€Å"Who is Tony?† â€Å"My husband. Well, if he will forgive me for stealing two vans and à ¯Ã‚ ¿Ã‚ ½5,000,000.† â€Å"I’m sure he will. Anyway let’s dig in. We don’t want to have cold food.† When Mrs. Maloney and Fran had finally eaten all of their breakfast, Fran started to pack and get ready for the outside world. As she was packing her mind was racing. What will the world look like after ten years in prison? Will it have changed? A few hours later Fran was called to go to the checking out desk. Fran had to fill out several forms and tell them where exactly she was planning to stay and a telephone number she had to call once in the morning and once in the evening. Fran started to get extremely excited. When Fran got outside there was Tony in a brand new silver Peugeot. Fran was so happy to see him after all these years. She thought he had forgotten her, but no she was wrong. Meanwhile Mrs. Maloney was to see her new cell mate. She was starting to get nervous. â€Å"Here is your cell Sheila. Now dinner will be in a few hours and there will be a bell rung. I am sure you two will get on well together.† Said the guard as he pointed towards Mrs. Maloney’s cell. There was silence for some time and neither of the spoke. After some time Mrs. Maloney spoke â€Å"Hello, I am Sandra. Why are you here?† â€Å"I am here because I murdered my husband. I kept it a secret at first, but I felt as if I was haunted. I then owned up because I couldn’t stop myself from going mad.† â€Å"Hey, that is what happened to me. I feel so much better here.† There was a long discussion for several hours and then the dinner bell rung. â€Å"Dinner time.† Said Mrs. Maloney. â€Å"Great I am starving. I thought that jail would be horrid and I would have this horrible cell mate, but I think you are the nicest person I have ever met.† How to cite Ending to Lamb to the salughter, Papers

Get International Business Law Assignment from Law experts

Question 1 The International business law is concerned with the rights of business with each other and with international organizations. Domestic law is within the state and it concern with the rights of business within the state(Bartone, 2010). The domestic and international business law is very differing in mainly two aspects first of all the law making process and the enforcement. International law is an ever expanding field that controls the internal dealing of the business. Public and private international laws are the two components of the international law. The internal laws have some curious features like legislative, executive and judicial process. These elements find their approximate analogue in the international law(Bingham, 2010). The international law is a component of domestic and municipal legal system. International law participates in the growth of the business organization. Furthermore, it can be conclude that the international law is relevant to the exercise of domestic juri sdiction(DiMatteo, n.d.). Question 2 In the fundamental principles of Islamic commerce riba is prohibited and translated as interest and extra gain from the transaction. This principle highly affects the transactional dynamics of international contracts that is under Islamic law kg nd . In the western countries the bank provided loan to the customers in a condition that they will revert back the money with the appropriate interest. Therefore, the additional transaction is added in these particular transactions in terms of value of money and value of service. These kinds of financial transactions are prohibited as riba in the Islamic law. The payment and received of interest riba is strictly prohibited in Islamic justice. The prohibition of ribs is mainly applicable for the Muslim communities(Ansari, 2007). The word riba is derived from the rabic verb raba that means grow above. The principle prohibition of riba has several applications in the Islamic jurisprudence. In some Muslim countries the application of riba is legal like in the Untied Arab emirates it is legal but in Iran it is illegal. But in the case of banking sectors it is observed that the Iranian bank receives interest from the foreign transaction(Ferrari, 2008). The banks also paid interest; in this case the name of prohibition is changed from interest to profit. However the due to the globalization in the international market the concept of riba is only applicable when one of the parties are included in the Islamic law jurisdiction and the understanding of transactional dynamics of commercial transaction will be a extraordinary tool for the growth of the business in the Islamic countries kg nd , 2010). Question 3 A) In this specific case the shipping contract between the Armada (Singapore) and Gujarat NRE Coke Limited (Gujarat). An arbitration clause is consists in the contract, according to the clause any kind of disputes will be determined by three commercial men who are members of the Institute of Arbitrators in London. Therefore the rmada and Gujarat appointed two parties and these two parties will choose the third. According to the jurisdiction three awards were made by the arbitral tribunal for the consequences of hearings(Fontaine and De Ly, 2009). The first award awards deals with the jurisdiction of the arbitration tribunal and relying on the Arbitration Act 1996(UK Act) and it had a relevant jurisdictions. The tribunal is dismissed due to the Gujarat claim that is the two arbitrators appointed by the rmada is not commercial men. According to the arbitration clause the claim was produced not in time under the UK Act. The second award deals with the identification that Gujarat had bre ached the shipping contract or not and then how the damages will be assessed(Gray, 2012). According to tribunal Gujarat was in breach of the contract and smartly outlined the basis of the calculation damages methods. Finally the third award is about the damages awarded to Armada. After that the Armada commenced proceedings in the Federal court of Australia to enforce the there arbitral awards in Australia. B) There are several basic issues were illustrated in this section, Gujarat registered enforcement regarding all the three awards on the basis of five grounds(Heidemann, 2007). First of all the two arbitrators appointed by the rmada and Gujarat were not commercial men. Then the court decided according to the section 9 of the international Arbitration Act 1974 (Cth) was not applicable because the tribunal was not operating under the arbitration agreement. Therefore, the major basis ground is not available for the both companies. s they are not commercial men so the tribunal composition is not appropriate under the agreement that is required under section 8(5) (e) of the particular Act. Accordingly, the second award is not binding because it is referred to the future damages when the damages are not suffered by the company. The components of future damages made the enforcement of second award contrary to public policy (section 8) and most importantly the contract is regarding the sea c arriage document under the section 11 of the Carriage of Goods by Sea Act 1991 (Cth) so the arbitration clause will not make any affect in this particular context(Janssen and Meyer, 2009). The federal court identified the results in favor of rmadas application established to a level that the three awards that express the binding upon Armada and Gujarat vary in all purpose. Gujarat has to make one of the important grounds indicated in the s 8(5) (e) and (f) because the subsection relied on by the specific party. The few grounds are made by the court first of all are lawyers commercial men it is included in the ground one and two. s because of the two arbitrators are not commercial men then the tribunal composition is not supported by the agreements(Knapp, Crystal and Prince, 1999). While submitting the arguments Gujarat relied on the section 8 of the IIA that outlined the recognition of the awards and in the section 9 that particularly indicates the evidence of awards and arbitration agreements. There the main issue is identified about the arbitrators appoint and the tribunal constitution. The court has the power to determine the cases of jurisdiction for itself and als o not bound to follow any kinds of findings of the arbitrators. The evidence from the correspondence between Gujarat and Armada states that the parties are agreed to appointment of the two arbitrators then Gujarat waives its right objects consequently(Li, 2013). Gujarat does not stop from challenging the appointment. The another important issue that is under the three and four grounds that is the future contractual damages contrary to public policy and it is found that Armada claim for the contractual damage is premature. The proper opportunity is given to the Armada that originates the application to enforce the additional awards after making the judgment. Therefore, the second awards do not deal with the future damages of the particular company. Finally the ground five deals with Carriage of goods by sea Act. In this section the results is identified that the arbitration clause remained valid(Magnus, 2012). Therefore, these are the various principles are relied upon the court on t he basis of five grounds. C) There are various freezing orders are made by the Foster J in May 2012. After that the orders retaining Gujarat from changing, disposing, dealing with the significant value of the shareholders in the capital of Gujarat NRE limited, which will remain a related corporation until further order is provide by the court(Mitchell and Powell, 2011). Foster J also states that Gujarat fails to make a specific case in support of the variation it sought. Another important and critical command is provide by the Foster J that the variation application only faintly pressed at [7 ] . The decision made by the federal court is encouraging among the international parties involved in the business entire Australia. The approach is selected for this particular case is pro-arbitration. This pro-arbitration approach is highly appreciated in Supreme Court. Furthermore, the Federal court made decision in favor of Armada application and three applications also enforce for the arbitration awards in Australia (Monahan, Young and Finlay, 2006). It was a reminder for the contracting parties that Australian courts will go with the arbitration agreements and will enforce awards, which made under the agreements. Question 4 A) Able Ltd has to follow several law issues regarding the sales contact in the US. The CISG can be followed for the law of the contract. Trade regulations, customs and standards must be maintained by the company to make an effective import business to the United States(Parker, 2007). The shipping company must be selected by the company and it is depends upon the several factors the specialization in the shipping of the particular materials but in recent days most of all the ships are available with the different size and shapes of cargoes. For the import of the mining equipments the special arrangement of the cargo is required. The export control is conducted under the military surveillance in the United States. The Export control Act. And the Export administration Act is applicable for importing the mining products(Picken, 2011). It is not a major requirement to analyze the laws and regulation before implementing an excellent business plan. General provision Article 1 a. In this part the international character and need is promoted uniformly in its application that will indicate the better faith in international trade. b. The general principles are enforcing in this particular area for the conformation for the applicable law in this purpose(Rothwell, 2011). Article 2 a. The intention of the partys understate in this area to determine the statements made by these parties. b. According to the provision one party is responsible for the required performance of any kinds of obligation by the other party(Sheehan, Rhoades and Stanley, 2012). The court is not bound to provide a judgment for the specific performance unless a significant law is applicable in order to similar contract of sale not govern by this convention. Article 3 a. The contract may be modified by the mutual agreement of the parties. b. A party can precluded by his performance from asserting such a provision to that particular extent that the another party has relied on that specific contract(Sullivan and Bell, 2009). Final provision Article 4 The Secretary General of the United Nations is assigned as the depository for this particular convention. Article 5 This specific convention will be applicable over this international agreement between the Able Ltd. And the supplier company in the United States. In this provision the parties will have their particular path of doing the business(Vardhan and Bayar, 2014). Article 6 a. In this convention a meeting will be conducted in the United States for the international sale of mining equipment and it will remain open for the signature by all states head quarters within the given deadline by the court. b. According to the constitution different kinds of laws are applicable for the matters dealt with this particular convention(Vrachnas, 2007). The conventions permit several declarations in order to make an effective business by maintain the rules and regulation of the United States. It is evident from the study that different kinds of law are available for the particular state therefore; depending upon the supplier state the law will be relied by the court.Furthermore, the court may declare they do not have any obligation of the buyer and the seller that is Able Ltd. And the US company(Wang and Zhang, 2012). It is possible to include CISG under the US law contract particularly in this specific case where two parties are doing business form the different States. The article 95 for the reservation and power can be applicable for this particular case. CISG applies in the contract of sales of goods and here the mining equipments are supplied to the bler Ltd. and the transaction is performing between the States(Bartone, 2010). The CISG is significant for the taxation and it brings closest relationship to the contracts and its performance. But it also has to keep in mind that CISG is not applicable for the significant parties whom does not aware about the different places of the business. As the contract is starting by governing the laws and regulations of the United States therefore, it can be applicable because due to the presence of the governing body the CISG can easily applicable. It is evident from the study that CISG is a part and parcel of contracting domestic laws between the two Stat es. In conducting international commerce the principles of parties autonomy is provided by the drafters(Bingham, 2010). B) Arbitration is a form of private binding, in which dispute resolution are conducted. With the help of this resolution they are emanates an agreement in between two parties. This type of agreement from the parties are regulated and enforced by the state. In Australia there are so many states have some requirements to make a contract of arbitrate obligation(DiMatteo, n.d.). This contract will provide a limited judicial supervision of arbitral proceedings and some support elements of arbitral awards. Sometimes this law has played an alternative dispute resolution to specify a legal alternative litigation in between two parties or two states. In this disputes both the parties are agreed to submit their respective positions for resolution. In this case parties must be considered about the arbitration contract. However, it is so important to do so where the both parties including their property are engaged in this type of arbitration. The lowers have some steps to place the futures by which they can provide a conclusive decision process towards the top of arbitration contract. This arbitration has some necessary process in which they can determine the contractual process(Ferrari, 2008). They are enforceability of conventions. In this process both the parties are enforcing arbitrating awards among worldwide for court judgement. There are so much little point to obtain a judgement from court by which they cannot enforced against suitable access of arbitration. The most important enforcement convention in Australia was held in the year of 1978. Being Able Ltd is a large importer in Queensland, so the choice of arbitration is formed in favour of this company. Another process is neutrality in which any party has made a valid contract to avoid resolving disputes through local courts of another party. In this type of arbitration the opportunities f or neutral resolution are applied with the help of international rules(Fontaine and De Ly, 2009). This rules are placed in a mutually venue to support the court judgement. There are no such type of wide-ranging arbitration convention are available to provide an enforcement of court judgments. Arbitration makes so many opportunities for dispute resolution in where both parties do not reach to make an agreement in advance. So in this type of agreement a greater risk are available over procedure to lead the delays. Now the choice of arbitration hasmade a change for the parties. Most developer has developed an arbitration laws to fulfil the agreement in between both parties. This law are required for all arbitrators term and condition. The parties to arbitration usually appoint, nominate or at least have some input into the selection of the arbitrator. During the revolution of industrial organization there are so many large companies has opposed this type of policy. Able Ltd can use the ir choice to make agreements with US government. They can also put the selection process to help the agreement system more perfect. Both the parties are usually seeking advice from their lawyers to sustain a suitable arbitrator form(Gray, 2012). The major arbitration rules are combined with so many national laws. These laws are providing some important methods for the appointment of the tribunal. This agreement has made in default agreement in between two parties. So Able Ltd importer has made a full payment to shipment under the US law. c) An international arbitration law is essential for an international mechanism in which Able importer has selected the Queensland law to settle the contract disputes. Now sae arbitration is repeated and there are no fixed rules or procedures are followed to change the international mechanism. With the help of international mechanism a matrix is formed, in which the matrix has affected variation of arbitration(Hopkins, 2009). Being dependent upon this quality and agreementof arbitration a procedure is formed in between the parties. This procedure has followed the terms and condition in between two states to refer a dispute arbitration rejection in many cases about law procedure. The simple agreement in between the two parties has referred some disputes about arbitration law in Queensland. This is a positive rejection from the national courts to produce procedure national law. Both thesefactors are directly controlled through a party autonomy. With the help of this choice all arbitration one party can make his own decision in between the two countries. The effect of party autonomy has achieved a major acceptation in worldwide in favor of dispute arbitration. This type of mechanism is resolving so many disputes from international transactions(Janssen and Meyer, 20 09). With the help of this transactions both the parries have been influenced the development and practices for internal arbitration laws. The right party has right choice to determine all aspects o about an arbitration system. This system is unquestioned in so many cases. With the help of these principle factors both parties are directly influenced to an international arbitration practice and this law has directly influenced the practice of judgmental decision of court. Able Ltd has also established the system to ensure maximum possibility of an enforceability of arbitration awards. The most significant affect has been approached to these awards, practices and policies. In some other cases, these influences are coming from a national law in which they are controlled by the parties(Knapp, Crystal and Prince, 1999).This practice is illustrated through an international award through which individual laws are affected. This project has many individuals completion. Australia is a partic ipant of arbitration law for both the New YorkConventionand Model Law.This is done throughan international arbitration act in between these two states. The enforceability of arbitral awards may be enforced in these factors to retain the utility and success of international commercial arbitration. More specifically, the enforceability from a foreign arbitral has some standard awards in Australia. They are likely a part of international commercial arbitration, in which many resolution mechanisms are coming in form of international commerce and trade(Li, 2013). So the judgement of Queensland arbitration award would recognisea force under the US legal system.