Compressed Work Week

Compressed work week is an alternative work arrangement where a standard workweek is reduced to fewer than five days, and employees make up the full number of hours per-week by working longer hours. The most common option in a compressed workweek is working four 10-hour days. Some organizations have been organized in measuring outcomes and perceptions amongst stakeholders, while other organizations are pleased to move to a compressed work schedule simply because management believes the employees are satisfied.There are even organizations that are going back to a traditional work schedule after having implemented a compressed work schedule, due to lack of structure. Organizations today are being challenged with a variety of new obstacles. This is due to the results of much social, political, and economic confusion in the world today. These changes can have a huge impact on organizational behavior, such as today’s global context in organizations. Global economy, in which busines ses of different nations and cultures operate, come together to conduct business.As a result of the change in the global economy there is a drastic increase in competition for consumers. Companies have had to make structural and behavioral changes just to stay afloat. Organizational structure, as we all know, is the relationship of responsibility and authority between groups, as well as individuals and the organization. The better the company knows their organizational structure the more effectively they can interact with it and know what is best for the organization.In the 1940s, social psychologist Kurt Lewin developed a simple three step model as a way of looking at change that has helped many organizational leaders manage resistance to change. The three steps that were developed by Kurt Lewin were: (1) Unfreezing (2) Moving (3) Refreezing. The first step helps identify what needs unfreezing; what significant event(s) occurred to make people most affected. Next, active participat ion by the affected parties in the change process is most effective and important for communication. It helps implement change and barriers that affect change.This helps the movement step in order to analyze the results of the new system. The final step is the refreezing step which puts the new system into place, with backup from the analyze data. If the analyzed data is tested, debugged, and efficient then the new system is a go, but if there are flaws then maybe the beginning obstacle just needed tweaking, but not changing the system entirely. According to Lewin’s force field analysis, â€Å"a person’s behavior is the result of two opposing forces: the force that maintains the status quo (staying the same) and the force that pushes for change.When the two opposing forces are equal, the current behavior is sustained, creating an equilibrium† (Cronshaw, 2008). â€Å"While Lewin’s change model does not spell out in detail what change agents need to do to effect change, it does illuminate with remarkable clarity the major steps that each such effort must follow to be successful. As such, it is a powerful tool that deserves a place in the toolbox of every would-be change enabler† (Cronshaw, 2008). As with any change within a company, there are always weighted pros and cons.Even though the advantages out way the disadvantages on this particular concept, a big disadvantage to look at would be the marketing aspect of the company. â€Å"Even though the compressed work week would provide job satisfaction for employees, what does it do to the customers† (Rotenberg, 1977). Management personnel would have to staff the office on the fifth day to maintain communications with customers, which would make for management personnel to come in and supervise.This disadvantage would leave fewer days to provide service to customers, which would make them irritated and seek other companies. If your company is working a compressed work week a nd other business are not, then how can businesses work together if some operate a 9-5 business week? As much as this compressed work week sounds appealing, take a look at the working families and their struggles. â€Å"Their stress levels are higher, especially for mothers because they are the ones doing most of the cooking and child care.Longer days at the office can lead to a more stressed life for women due to the demand of responsibilities at home† (Carey, 1997). When both working spouses come home for a longer day at work, due to compressed work week, they are tired and only have time for dinner, shower, and bed. There are normally few hours left in the day to do odds and ends around the house or to spend time with their children going over their day; the more that chores that are â€Å"put off† the more stressed parents get.Another disadvantage to the seemingly appealing work week is the lack of actual work. â€Å"Some workers on extended work days may pace the mselves differently than workers on traditional shifts. Other employees may slow down at the end of a day as fatigue sets in† (Humphrey, 2012). This could also mean more break times or even longer breaks, which could mean less work is actually being down in a week when compared to a traditional work week. Something else to think about would be the holiday and vacation hours. Employers typically pay holiday reimbursement as eight hours, requiring employees on extended work days to use their vacation pay to compensate. Some employees become unhappy when forced to use their vacation in this manner† (Humphrey, 2012). As organizations begin to find themselves having to deal with more complex environments, change methodologies that focus on the problem, such as Kurt Lewin’s three step method, will help put in perspective the ramifications of change.Is it okay to put a few employees concerns at heart, but not look at the other half of the employees concern? Is it better to look at a different alternative to work schedules? What will benefit the company’s global aspect, customer service aspect, and employee aspect. What measures will be sufficient enough to bring higher performance, efficient marketing and employee satisfaction? All these questions and the help of Kurt Kewin’s method will help each organization make an educated judgment about their company.

Identification of Macromolecule

Macromolecules contain more than one molecules. They are usually found in foods. For example, lipids, nucleic acids, carbohydrates and proteins are the living organisms that macromolecules are commonly found. Their functions are mostly storing energy and information. By performing this lab, types of macromolecules are found. There are three different experiments that we performed. They are Iodine test, Biuret Test and Benedict’s test. With eleven solutions includes one unknown solution, the macromolecules will be found in the solutions and also, the unknown solution will be identified after the experiments. In this case, unknown solution is unknown number For example, from Iodine test, if the solution contains glycogen molecule, pale yellow iodine solution turns red-brown. If the solution contains starch molecule, the solution will turn blue black colour. For the Benedict’s test, blue coloured solution means reducing sugars and coloured precipitate means they contain so me macromolecules. The colours they represent are yellow, green, red and brown. For the Biuret Test, the colour change occurs when there is protein inside the solution. Colour change will be violet or yellow.Materials and Methods Materials we used were 12 small disposable plastic beakers Pasteur pipettes & bulbs 1 spot-plate test-tube rack 12 test-tubes 1 test-tube clamp 1 dropper bottle containing 1% copper sulfate 1 dropper bottle containing iodine solution 1 large beaker with boiling chips 1 marker 15 ml of 1% glucose solution 15ml of 0.3% glucose-1-phosphate 15ml of 1% maltose solution 15ml of honey solution 15ml of 1% sucrose solution 15ml of 1% lactose solution 15ml of 1% glycogen solution 15ml of 1% starch solution 15ml of protein, 15ml of beer 15ml of distilled water and 15ml of #210 unknown solution 10% Sodium hydroxide 1% copper sulfate.Methods – Three experiments were performed in order, Iodine test, Benedict’s test and Biuret Test. Before the experiments ar e begun, put all the 15ml of solutions into the beaker #1 to #12. These beakers are numbered with marker. Tube #1 is filled to with the approximately 1 ml of the liquid from beaker #1 (1/2 of the full Pasteur pipette is approximately 1 ml). Tube #2 is filled with the approximately 1 ml of the liquid from beaker #2. Untill all 12 tubes are filled up with 1 ml of the appropriate solution. 2ml of Benedict’s solution is added to each tube. The contents are mixed to each tube thoroughly. Boil the contents of each tube by placing the tube in a boiling water bath which has boiling chips in the water for about 5 minutes and note the colour change. Finally.All of the observations are recorded and explained. Firstly, for the Iodine test, 1 drop of the solution is put from the beaker #1 into a clean well on a spot-plate. Then one drop of iodine solution is added to the sample drop. This is how iodine test is done. Any colour change is recorded, as well as any differences and other obser vations. Iodine test is repeated on every other remaining solutions. All the observations are recorded on a piece of paper. Benedict’s test was done with five procedures. Firstly, the tubes were Observation – before and after colour, post or negat, beaker # and solu name Discussion – explain  everythign in detail fuck

Bill Gates had been friends since high school Essay Example for Free

Bill Gates had been friends since high school Essay Mike Basset and Bill Gates had been friends since high school. They’d competed for 1st place all the time. They’d spent hour’s together writing computer programs even before people heard in programming. They grew up together and even went to university and were joint top students. They both went in the programming business and soon each opened their own computer company Bill named his ‘Microsoft’ and Mike called it ‘Compufriek’. Bill was very successful and was very famous his products all across the globe he was well know for Windows and Microsoft office. On the other hand Mike was very good but only known in the United States but still lacking behind Bill. They both got married and had children. Mike’s wife Jenny was very jealous of Marry Mrs. Gates shoe always used to talk about how successful her husband is and the contacts he makes with Difrent Company’s across the world. Mike is also fed up his only ambition from when he was a boy was to run the best computer company and here his best friend his standing in his way. One day Mr. & Mrs. Gates invited the Bassets for a barbecue in their new mansion. It was exactly noon when the Bassets arrived at the Gates. â€Å"Hello Mike† said Bill, â€Å"how’s things going? † he asked. â€Å"Alright† replied Mike. They sat down at a table, Bill has dismissed all the servants so they could spend some time together and do everything like the old days. â€Å"I have just signed a deal with the Japanese,† â€Å"Worth a lot† saying Bill as proud as it gets. â€Å"Good I wish the best for you† replied Mike but in a not meaning it sort of way. â€Å"I am fed up of this he’s always boasting about himself, oh I wish I was as rich and famous like Bill† he was saying to himself. The day went on and they had dinner. The next day Mike’s wife started to nag she kept saying how come you’re not as rich as bill and you’re better than him, he couldn’t take it. That day he wanted to eat Chinese he went to his favorite Chinese restaurant ‘Chin Dragon’. They ate dinner and after a waitress came up to them, â€Å"do you want to try our new fortune cookies† â€Å"some people have been very lucky and even there dreams came true† she said. â€Å"Well ok get us two,† replied Mike â€Å"Right away† said the waitress. She went and came back after five minutes carrying a plate with 2 cookies. â€Å"There you go,† said the waitress Mike took his and snapped it in half and took the paper out. â€Å"What does it say? † Asked Mikes wife. â€Å"Fame and fortune will come very soon,† replied Mike. His wife then takes hers and snaps it in half and took her paper. â€Å"Mines say’s your loved ones will be rich and famous! † She told Mike. â€Å"Can it be that my dream will finally come true? † He said to himself. â€Å"What does this mean? † Asked Jenny. â€Å"I don’t know† Mike replied. â€Å"But lets go home I’m tired and I need a rest† he said. When they got home Mike couldn’t stop thinking about the fortune cookies. He kept wondering was this just a coincidence that he got this in a fortune cookie, even Jenny his wife got the same thing. Can this be true can his life ambition come true? No he thought it has to be a coincidence. That night he couldn’t sleep. He kept thinking if this was true what was going to bring him this fame and fortune? All he’s working on at this moment is a simple hacking program for him self because of free time. His wife wakes up. She asks him why isn’t he asleep. He tells her what he’s thinking about and she says, â€Å"I don’t think your going to get fame and fortune just like that†Ã'Ž â€Å"What do you mean? † he replied â€Å"Well, that hacking program you’re working on for fun† she says. â€Å"Yes what about it? † he replies anxiously. â€Å"Is it power full? She asks. â€Å"Yeah its pretty good† he replies but doesn’t have a clue what’s all this got to do with his fortune. â€Å"Why don’t you access Bills files and find out what he’s planning? † she says quietly. â€Å"You want me to betray my best friend. No forget about it† he replied angrily and went to bed. The next day he gets up and goes on his computer to do a bit of work. He kept working on his hacking program until it was finished. â€Å"Honey† he called. â€Å"I’ve finished my program. † Jenny walks in and congratulates him â€Å"Well no you need to test it! † she said. â€Å"Test it? † he replied. â€Å"Who on? † â€Å"I can’t try it on anyone its illegal† â€Å"Well test it on Bills I am sure he wont mind, you are his best friend† she tells him â€Å"Just see if it works properly and the switch it off† â€Å"Well ok† he replies and starts to test it he started to input and few numbers and letters and the put search. Bills name came up on the screen. He accessed his computer. â€Å"Look what’s that? † asked Jenny â€Å"Oh it will be some of his files† â€Å"I’ll close it now I know it works† he saidÃ'Ž â€Å"No† Jenny said, â€Å"just have a quick look, it won’t hurt† He sat there looking at Bill Gates files. His ambition took control of him. He spotted a file named ‘big plan’. He began looking through it. It was a massive program what was going to change the world. He froze. All his life he wanted fame and now he could get it but at his best friends cost. Jenny kept telling him to copy the file then alter it for him so he goes wrong. She called him a coward. He didn’t know what to do. His wife kept nagging him. He finally surrendered to his ambition and downloaded the file to his computer and started to alter Bills file completely. Jenny kept saying how wonderful he was and encouraged him to carry on. He was finished. He worked day and night on this program until one day he had finished it. Bill rang him up that day and said that his whole life just went wrong. The program contract with the Japs he made has fallen because his program didn’t work. Now he has to pay Billions of pounds in compensation and at the moment cant pay that amount so he had to sell half his company. At that moment guilt started to grow in Mikes heart. His best friends life has collapsed but his road is open. He felt very sorry for him and said he was busy. In the following week Mike made a contract with the British. He sold them Bill’s program for a 30 billion contract he got 50% of the shares. His name was known all across the globe and his program sold very fast. But now he was feeling very guilty he’s now the famous rich and famous one while his friend was under debt. In those weeks Bill didn’t even find out about Mike he was to busy sorting out his problem. He went and says the program a computer competition. He was absolutely stunned when it had looked just like the one he made. He gets a bit suspicious and goes to Mike’s home straight away. When he got there he didn’t even say hello to Mike the first thing he said was â€Å"that program of yours when did you start making it? † Mike hesitated a bit knowing Bills suspicion he replies â€Å"oh I’ve been on this special project for a long time, Its been a secret† Bill talked to him about it and went back home. Mike was feeling awful he probably just lost his best friend. His guilt grew more and more over the days past. He didn’t hear from Bill for a while now and was really scared. What he didn’t know was at this time Bill was trying to see if anyone had hacked is computer. He knew that it couldn’t be just anyone because his computer was protected with extra security. Bill spent hours trying to track down the thief. One day when Bill was on his computer he was going through a list of who opened the computer and when he say a weird number. He tried to find out what it meant but couldn’t. Meanwhile Mike was not leading a happy life. He was rich and famous. Didn’t even see his wife, she was always out and about. He couldn’t go out and show his face to the public they would just give him credit for the new program and that would make things worse. One week later something very unexpected happened when Mike was at home. The F. B. I came knocking at his door. â€Å"Can I help you? † he asked â€Å"Would you please come with us? † they replied. â€Å"What seems to be the matter? † Mike asked knowing he was caught. â€Å"You are under arrest for hacking into someone’s computer and steeling ideas and programs. † They replied in a disappointed tone of voice. At that moment he knew his life was over his ambition just destroyed his life. He went quietly with them. As stepping out of their car and going towards the police station he says Bill. â€Å"I’m sorry,† he said to him. â€Å"From all the people I didn’t want to think it was you† he replied in a disappointed way. Mike walked off with the agents and into the station. He was sentenced to 15 years in prison. All of the money from the program went to Bill Gates and he got all the credit. He managed to by back all his company and start dominating the computer world once again. Mike was finished he would never write another computer program again. Bill’s life returned to normal except for one thing he had no best friend beside him. Bill Gates had been friends since high school. (2017, Aug 21). We have essays on the following topics that may be of interest to you

Government Bailouts Essay Example | Topics and Well Written Essays - 750 words

Government Bailouts - Essay Example If the government does not intervene and does not provide financial assistance to the financially unstable large corporations, unemployment and other related problems would further aggravate an economy. Already, the economy of United States of America is facing very severe and harsh waves of financial crisis, which showed their presence in the year of 2007 and they continued till the end of 2009. History of bailouts The finance history has sufficient record about the events of government bailouts. In the year of 1979, Chrysler had lost $ 1.1 billion. At that time, it was feared that this could negatively hit the entire US automotive industry. In order to avoid the subsequent impacts of this loss of Chrysler, the Feds had no option except to intervene and save the corporation. Instantly, in the year of 1980, the Chrysler Loan Guarantee Act was discussed, approved and passed. In this Act, Chrysler was given a loan of $1.5 billion by the federal government (Gup, 4). Furthermore, in the year of 1989, savings and loan institutions became financially crippled. The failure of these savings and loan institutions was considerably spreading almost all companies working in this industry. At that time, then President George H.W. Bush and his Government were required to devise and determine a bailout plan to address and stop falling this entire industry. Consequently, The President Bush and Congress passed a bill and made it as the Financial Institutions Reforms, Recovery, and Enforcement Act in the year of 1989 (Rehm). But, this government bailout was only limited to save the savings and loan institutions. In the year of 2001, United States of America was attacked with some deadly terrorist attacks on many cities. In which, the terrorists used aeroplanes to carry out the attacks on the land of America. Due to the use of aeroplanes, the entire airline industry became a subject of economic and financial crisis. These financial crises became so severe that the Government had no other option except to play the role of saviour. As a result, the then President Bush discussed the issue with the Congress. And this discussion brought a bill and that bill was passed as the Air Transportation Safety and Stabilization Act. This Act mentioned some fundamental steps necessary to rescue the entire airline industry. The Act released $5 billion compensation and an additional amount of $10 billion in loan guarantees (Rehm, Barbara &Mandaro). The year of 2007 and 2008 were worst of all. The onslaught of financial crises was uncontrollable and heavily damaging the economy of America. In October 2008, Congress passed the Emergency Economic Stabilization Act. This Act authorised the Treasury Department to spend the amount of $700 billion for the purpose of handling and tackling the problem of financial crisis of 2008. Government bailouts are not a wish but a necessity on the part of government. The government has no choice but to intervene and play the role of saviour. No government ever wants to use its own funds and money to provide financial assistance or extend a loan to a corporation under normal financial circumstances. Rather, the government ensures that the corporation must and should be financially well-equipped and financially strong enough to meet its expenses and its other financial and non-financial obligations. But, due to a variety of economic and political factors some corporations become unable to continue doing business

Inflation Targeting Essay Example | Topics and Well Written Essays - 500 words

Inflation Targeting - Essay Example Inflation targeting focuses on the long term and theoretically leads to greater transparency as its easily quantifiable structure promotes greater accountability and responsibility within the central financial authority. Mishkin (2001) argues that "it is devised in such a way that its viability is not completely predicated on a stable relationship between money and inflation" (p. 2) - instead it relies on comprehensive economic information to determine the instruments to be utilized. A properly implemented scheme brings more credibility and encourages public support for the central banking authority because of its highly transparent nature.  On the flipside, some pundits argue that one of its biggest disadvantages is that it renders any form of direct control over inflation very difficult to achieve, largely in part to its rigid structure leaning too much towards the bottom line. Also, the strategy apparently leaves too much room for discretion, resulting in a hypothetical grey are a in terms of process control and execution. Lastly, the unpredictable lag times between policy introduction and actual inflation rise may be too drawn out for the public to monitor effectively, and may even be forgotten altogether in the long run. In theory, a principal principal-agents on the difficulties that emanate from the lack of information each time principal commissions an agent. According to Johnson (2005) â€Å"it is a difficult but extremely important and recurrent organizational design problem of how organizations can structure incentives so that people under contractual obligation would perform this obligation as promised† (n.p.) The primary dilemma lies in reconciling the different factors in the principal-agent dynamic en route to a synergistic and productive relationship.

Histology Question and Answer Essay Example | Topics and Well Written Essays - 500 words

Histology Question and Answer - Essay Example The common pattern is the presence of three layers – the tunica intima, tunica media and the tunica adventitia from inside out. The tunica intima is the innermost layer, towards the luminal side of the blood vessel and is composed of simple, squamous endothelial cells and the supporting connective tissue. It is separated from the tunica media by the inner elastic lamina. The tunica media is composed of circular smooth muscle interspersed with connective tissue and is separated from the outermost layer by the outer elastic lamina. The tunica adventitia is made up entirely of connective tissue. The walls of the arteries are much thicker than those of the veins as they have to carry the blood pumped by the heart to distant organs which is usually at a higher pressure. The arteries therefore comprise of more elastic tissue in the tunica intima. The medium arteries are more muscular than elastic and the internal elastic membrane is more prominent. The spiral smooth muscle cells of the tunica media assist in the propulsion of blood as well as the maintenance of the blood pressure. The tunica adventitia is composed of collagen as well as elastic fibers and the innermost portion has an external elastic membrane. More elastic and muscular tissue in the arteries serves to sustain the vigorous systolic pressure of the blood and the maintenance of its pressure. The veins, on the other hand have thinner walls. Although they possess the basic histological structure associated with all blood vessels, the three layers are not well demarcated and blend into each other. They have lesser elastic tissue and the tunica adventitia is the thickest layer made up of collagen fibers and longitudinally oriented smooth muscle cells. The tunica intima is modified into loose folds which form pockets or valves to resist the back flow of blood along its journey to the heart. 2. The integument fulfills several roles, including that

Do Entrepreneurs have Taits or Cognitive Biases that make them Essay

Do Entrepreneurs have Taits or Cognitive Biases that make them different from other Individuals - Essay Example It is hard to specify a personality pattern for the entrepreneurs. Probably, the varieties of personality among the entrepreneurs are just as many as the number of entrepreneurs. However, there are certain characteristics that are common in most of the entrepreneurs. â€Å"[E]ntrepreneurs are business creators that are characterized by the following cognitive aspects: they have a creative and knowing cognitive style, use intuition to make decisions, develop expert scripts, are self-ef?cient in the perception and development of opportunities, create an innovative environment, cope with unexpected challenges, develop investor relations, de?ne business goals, develop human resources, and are prone to innovation and risk taking† (Sanchez, Carballo, and Gutierrez, 2011, p. 436). Research conducted by David McClelland revealed a distinct cluster of personality traits typical of the founders of companies that exhibited rapid growth. McClelland found a high need for achievement among these entrepreneurs. The growth-oriented entrepreneurs have a strong need to succeed and accomplish tough tasks. These entrepreneurs derive the desire for independence from the very desire for achievement. Their need for achievement makes the growth-oriented entrepreneurs to keeping moving from one firm to another. They need constant recognition. Growth-oriented entrepreneurs are very articulate in their manner. They have a low need to conform. This means that although they listen to others, yet they are able to do as they wish. They may go out of the way to do a thing if they consider it right. These entrepreneurs normally work for anywhere between a sixty to eighty hours per week in order to achieve their goals irrespective of the amount of stamina it requires. Growth-oriented entrepreneurs accept risks. The risk involved in the work is too little as compared to the courage and confidence, and the need for achievement of these entrepreneurs. These five personality traits i.e. high need for achievement, low need to comply, persistence, high level of energy and immense tendency to take risk can be condensed into four basic attitudes that are typical of the successful entrepreneurs. These four basic attitudes are optimism, commitment, focus, and drive. Entrepreneurs are generally very optimistic in their approach of thinking and are opportunists (Keh, Foo, and Lim, 2002). The very optimism helps them deal with failures in the rational way. They are confident about the rightness of their cause. Entrepreneurs generally have an external locus of control. â€Å"The concept of locus of control refers to a generalized belief that a person can or cannot control his or her own destiny and individuals are classified along a continuum from very internal to very external† (Oben et al., 2011. p. 112). Pessimists consider failure a consequence of their personal mistakes and think that it would last long whereas optimistic entrepreneurs consider that failure occurs fr om a cause that is beyond their control and that it is short-lived. One of the most fundamental personality traits that entrepreneurs require to succeed is commitment. A business is not made successful overnight. It might take years for a business to reach a level wherein the entrepreneur can become successful. In the time that is spent in between, the entrepreneur

Tax Planning Essay Example | Topics and Well Written Essays - 1500 words

Tax Planning - Essay Example Tax avoidance is the process of planning business transactions in a manner that legally minimizes the amount of taxes due. The four maxims of tax planning are built around the premises of helping businesses work around tax liabilities. 1) Businesses turn over profits to entities that fall within lower tax rates. Reducing tax liabilities can be accomplished through both shifting income to lower-tax rate entities and shifting deductions to higher-tax rate entities. 2) Shift taxable income to a later time period as, in present value terms, tax costs decrease and cash flows increase when the liability is deferred to a later taxable year. This should be done taking into consideration the opportunity costs involved due to shifting income to another year as well as the possibility of tax rate changes in the following year. 3) Due to the differences in state and country laws, it is possible to gain tax advantage by shifting income to a lower-rate tax jurisdiction. This opens up planning oppo rtunities of tax planning for companies which have global presence. 4) By shifting income from business activities to more tax-favored instruments like government bonds, companies can take advantage of preferential tax rates. Businesses, therefore, arrange transactions in such a way that income is shifted to heads which are subject to preferential tax rates. Tax planning thus requires the researcher to consider all fields of income generation and the entity, jurisdiction, time and character of income. An important aspect of tax planning is tax research. Tax research is required to determine the tax consequences of a transaction, either before or after the transaction is done. In case of a closed-fact transaction, the facts surrounding the transaction are recorded and hence, can no longer be subject to the client's control. Conversely, an open-fact transaction is one which the business is proposing to undertake and hence is subject to the client's control. In such cases, a tax adviser can help create facts to support the transaction that will help them influence the tax consequences of that transaction. The role of the tax researcher is to determine the optimal business decisions that its client firm should make, as they relate to tax. When the tax consequences for a firm differ among decision alternatives, tax researchers help to identify the most optimal course of action for management to make in order to maximize their after-tax income. Tax research is a six step process that encompasses all activities required by a researcher to understand the transaction and gather data to support it. The first step involves a thorough understanding of the business transaction and the facts surrounding it. It is important for a tax researcher to acquaint himself with the non-tax features of the transaction before moving onto the tax implications. Once the researcher is done analyzing the non-tax features of the transaction; he moves onto the second step, which is identifying the tax issues suggested by the transaction. The identification of issues lead to formulation of tax research questions. The third step involves the most important component of tax research, which is locating the relevant authority to

There is No universal experience of 'childhood' - it is a construct Essay

There is No universal experience of 'childhood' - it is a construct entirely dependent on patterns of social organisation and cultural conventions Discuss with - Essay Example This is the beginning of shaping a child to think and act like the parent. In this process, children are taught how to behave and how to move within their culture. Depending on how the child is treated they will either develop a strong character and self-esteem or they will develop one that is weak. A child is taught to perceive the world through their parents eyes and they willing accept this teaching. The biggest influence on childhood will be the culture, religion, economic and social aspects of the family. Rodd (1996) says that culture plays a significant role in childhood and it can be the mainstream culture or it can be a subculture (Rodd, p. 31). Shechtman Hiradin and Zina (2003) talked with adolescents in their study to find out whether there was a difference in how these children would disclose about them based on their ethnicity. Their study found that Moslem children were able to disclose easier than Druze children and they thought it may be due to how much acculturation each ethnic group displayed. Druze people re more traditional in their ways and less acculturated to the mainstream than Moslem and Jewish children according to their findings. This information shows that there is some truth to the idea that culture plays a part on how a child learns. It is the opinion of this writer that culture is a very big part of how children accept certain things in their environment. For instance, many children grow up and are abused in their childhood. Often this leads to abusive adults. The culture can also teach a child to love or to hate, to express themselves well or to be introverted and shy. There are a variety of cultural challenges to a child both inside the home and outside because they are constantly being bombarded by cultural situations. Harris (1999) says that what a parent does may not matter to a childs growing up. She gives examples of how one culture (that of the 1950s) taught parents not to spoil their children. Today, parents are