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The Private Sector
1 Introduction
The main objective of the private sector is to earn profits and become a leading organization in their line of business. To enhance this objective, most of
the private sectors have embraced technological advancements where business is operated online. E–business is one of the current advancements
where a business can advertise, market and make sales through the Internet. The business has to share its information online to attract a large pool of
potential customers. Most of the business websites operates on intranets and extranets. Customers can only gain access to business information through
the extranet. Authorized users can access most of the crucial and confidential information of a business through the intranet via an encrypted link.
Thus, the business can secure its confidential information and protect its customers.
2 General Business Goals
With the rising cases of cyber threats, businesses are at risk of losing their confidential information to unauthorized users. To deal with this menace, the
lawmakers should address these issues through promoting the understanding of the risks associated with cybercrime. They should also be involve in
acknowledging and addressing the cultural aspects of cybercrime as well as developing a collaborative approach towards an effective response to the
menace (Boneh & Franklin, 2003). One such private sector is Amazon. Amazon is a private company in America that deals with electronic goods. The
company was started as an
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Advantages And Disadvantages Of Fuk French Connection
FCUK FRENCH CONNECTION
French connection (also branded as FCUK) is a UK– based global retailer and wholesaler of fashion clothing, accessories and home ware. It was
founded in the early 1970s by Stephen a mark, who remains the chief executive; it is based in London and its parent French Connection PLC is listed
on the London stock exchange.
French Connection distributes its clothing and accessories through its own stores in the UK, US and Canada and through franchise and wholesale
arrangements globally. The company became notorious for the use of the "FCUK" initialise in its advertising campaigns in the early 2000s.
Marks introduced the French connection label in 1972 and four years later showed its first menswear collection.
Source:'FCUK', ... Show more content on Helpwriting.net ...
Fiscal policy is divided into 2 types and they are taxing and spending. And monetary is divided into three types and those three are bonds, reserves and
interest rates.
Fiscal policy
Fiscal policy is "The changes in government spending and taxes are at the option of the federal government." Source: ICBT HANDOUTS
Each year governments raise and spend huge amounts of money. The UK government's estimates for 2008 for an example suggest that the government
spending will be about ВЈ618 billon and is to be allocated in a manner, this spending will be funded mainly from taxations( direct and indirect) and
national insurance contributions. Fiscal policy involves the use of changes in government spending and taxations to influence the level and
composition of aggregate demand in the economy.
Fiscal Policy involves the use of changes in government spending and taxations to influence the level and composition and aggregate demand in the
economic and giving the amount involve is clearly as important implications for business
Fiscal policy involves
1.taxation and other sources of income
2.government spending
3.borrowing whenever spending exceeds
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Pest Analysis
INTRODUCTION
This chapter identifies the main external influences on the UK market for private security and fire protection, using the four headings of a PEST
analysis: political, economic, social and technological.
Where such influences have more than one dimension, they are considered under the heading that is considered to be the most relevant.
POLITICAL FACTORS
The Terrorist Threat
Precautions against terrorist attacks have been stepped up since the events of 11th September 2001, and there is strong demand for security services and
equipment in the public sector. The UK, and especially London, has been on a high level of alert since the war in Iraq. Some of the UK 's export
customers are also concerned about the threat from ... Show more content on Helpwriting.net ...
The concept of Neighbourhood Wardens has been judged successful by the Office of the Deputy Prime Minister
Neighbourhood Renewal Unit, which is helping to finance some of the schemes between 2000 and 2005.
Neighbourhood Wardens provide a uniformed, semi–official presence in residential areas, with the aim of improving the local quality of life. They can
provide community safety and assist with environmental improvements and housing management. Street Wardens are similar to Neighbourhood
Wardens, but they have a greater emphasis on environmental problems, such as litter, graffiti and dog fouling. Their role is also to deter anti–social
behaviour, to reduce the fear of crime and to foster social inclusion.
Minimum Wage and Working Time Legislation
The National Minimum Wage was introduced in April 1999, and a European
Directive on working hours and holidays came into force in October 1998.
The UK was able to introduce a voluntary opt–out of the 48–hour week, but the UK regulations are to be tightened and opinions seem to be divided as
to whether this is to the long–term benefit or detriment of the guarding sector.
Outsourcing of Police and Public–Sector Security Work
A growing proportion of police and public–sector security work is being outsourced to private security firms, and this `civilianisation ' is expected to
continue. Private firms already have a well–established role in the operation of private prisons, the monitoring of tagged
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Eth305 Unit 4 Paper
Concept 8: The private, public, and non–profit sectors need to work as a team during crisis because it is not only up to the public sector to provide the
necessary services during a disaster.
Organizations over the past few decades have come to realize two things, there are a limited number of people in the government that are able to
respond to natural disasters or large scale disaster effectively and that the government only has so many available resources to offer during a time of
crisis. Another fact is, that private sector companies and non–profit entities, such as the Red Cross, have the ability to be more prepared due to their
vast network of stores and distribution centers and their leisure, they indeed do have a unique responsibility ... Show more content on Helpwriting.net ...
The essence of novelty, however, according to Howitt and Leonard (2009) is that it is unfamiliar and often as a consequence, it is difficult to spot,
thereby giving us the discomfort of knowing that we, as individual or an organization, do not know how to proceed. There are many methods in which
Howitt and Leonard (2009) have addressed to be successful in detecting novelty, such as, focusing attention on novelties, ensuring that diverse
viewpoints are applied, systematically requiring additional thoughts, or setting operational expectations and tracking the results against those
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Methodology For Children Related Public Expenditure And...
Methodology for Children–Related "Public Expenditure and Institutional Reviews"
There are a number of events that have increased attention on the allocation of public expenditure (public finance) in the last few years, but the most
important factors that have affected developing countries are:
Overall, the global economic and financial crisis has put pressure on governments around the world to cut spending, deficits and debts, and allocate
scarce public resources more effectively and efficiently to achieve the goals of poverty reduction, economic growth and sustainable development.
As a result of the global crisis that has hit the richest countries the most, donor resources have also shrunk and donor conditionality has become more ...
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This work has spawned various specialized PERs such as UNDP's "Climate Public Expenditure and Institutional Reviews" (CPEIR) which focus on
climate change finance and UNICEF's "Child–Focused Public Expenditure Reviews" which focus on child–related public expenditure (I have been able
to identify only three Child–focused PERs which have been conducted in Macedonia, Gabon and the Republic of Central Africa).
Despite the heightened concern, there is no standard or unified framework or methodology for carrying out public expenditure analysis. A review of
the WB's PERs has found that there is no consistency in PER's methodology and quality. Many PERs did not use explicit criteria for analyzing public
spending or did not analyze relevant expenditure categories (i.e. major programs within sectors). More importantly, many of them did not analyze
institutional processes and did not follow up to build government capacity. Over time, the WB has strengthened the PER methodology and their quality
has substantially increased. UNDP (in cooperation with ODI) is also trying to strengthen the methodology for the conduct of CPEIRs and their
ownership by client governments.
Given the increased attention and funding that children issues have received over time, public spending directly or indirectly related to the
achievement of children's rights and wellbeing has become an important part of public expenditure. Therefore, a detailed analysis of children–related
expenditures in national
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Privatization of Social Services Essay
The Benefits of Privatization of Social Services
Contracting out is the process through which public organizations contract with private sector organizations to provide services normally provided by
public agencies. It is a form of privatization, which is defined as any shift of activity or functions from the state to the private sector, more specifically,
the shift of production of goods or services from public to private. (Starr, 5) Privatization reduces the role of government and increases the role of
private sector agencies. However, public agencies maintain ultimate control over the provision of services and they control government funding.
In an effort to reduce costs, enhance efficiency or improve services, many states ... Show more content on Helpwriting.net ...
Like most public agencies, DPSS operates under the elite model of organizational structure. This structure dictates that formal rules and process are
followed in order to reach the organization's goals. Therefore, in order to effectively contract out and maintain and effective organization, management
must engage in the practice of well–known management principles (POSDCORB). Practicing the principles of planning, organizing, staffing, directing,
coordinating, reporting, and budgeting, management can make sound decisions about the implementation and management of contracts. The
effectiveness and efficiency in which the agency is run and the manner in which the contract is managed is grounded in the effective practice of these
principles.
In this research paper I will discuss the process of contracting out, issues of cost, credibility, accountability, and quality and quantity of services. My
discussion will also include reasons for contracting out, opposition, and advantages and problems of contracting out.
REASONS FOR CONTRACTING OUT
Research indicates that there are several valid reasons for contracting out:
To obtain special skills or supplemental staff.
To meet demands beyond current government capacity.
To improve service quality.
To provide clients with more choice of providers and levels of service. (Nightingale
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The Asean And The Private Sector
The ASEAN and the Private Sector
The presence and influence of the private sector in Southeast Asia have never been strongly felt in the present time since the market collapse in the
early 2000s. Governments and regional associations scurried in saving their economies by providing massive interventions in spending and funding.
Much of the crises became the woe of the public and the private sector became more averse to business. Rohde (2011) posited that "restoring of
financial confidence led to a permanent transfer of losses to the public sector, as the private sector's risk takers were bought out." Things were further
exacerbated by the failure of banks to sustain inflow of capital to the already suffering privately–owned companies at that time. All of these problems
piled up and forced the world economy to spiral down. The destructive debt collapse in the West affected most businesses in the East, albeit sparingly,
as the Asian Financial Crisis in the latter part of the 1990s paved the way for Asian governments to place economic safeguards in order to insulate
themselves from future drastic economic downturns.
Ercel (2000) underscored that in order for the global economy to withstand economic crises, crisis prevention measures should be in place. He
recommended that, insofar as the private sector was concerned, transparency should be improved so that investors could make sound investment
decisions. Compliance to international standards on financial stability should be
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Differences Between Private Sector And Voluntary Sector
1.Understand organisational structures
1.1Explain the differences between the private sector, public sector and voluntary sector
Private Sector
Businesses and industries that are not owned or controlled by the Government. Private Sector organisations operate privately to make a profit with
income generated from the sale of their products or services. Although many private sector firms are owned and controlled by individuals, many are
owned by groups of people; for example, companies may be owned by shareholders, who have invested in that company.
The Private Sector includes:–
Sole trader – an individual who owns and runs the business him or herself.
Partnership – A partnership is where two or more people come together to operate... Show more content on Helpwriting.net ...
They are usually controlled by a directors or a management committee.
The Voluntary Sector is often referred to as the Third Sector or 'Not for Profit' Sector. Whist they do not exist to provide profit for shareholders, they
need to generate income.
The Voluntary Sector includes:–
Charities – Oxfam, Red Cross, YMCA, Women's Royal Voluntary Service
Trusts – Local Housing Associations
Local community organisations – Neighbourhood Watch Schemes
Societies/Clubs – Local sports clubs, Scouts, Guides
1.2Explain the functions of different organisational structures
Having the appropriate structure is vital for an organisation or business to meet its aims and objectives. A business may be structured by:
Functions – activities such as customer service, marketing, operations, finance or IT
Location – where regional divisions of the business take responsibility for a specific function or particular products, whether locally, nationally or
internationally
Product or services – where the business is divided into the particular products made or services provided
All organisations have employees working at different levels of responsibility. At the bottom, a business depends on its operatives to produce the
products or services. Team leaders often perform the day–to–day management role, with operational managers setting direction and strategy for the
business as a whole. The number of employees in each level will depend on the business'
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Engaging Employees : A Case For Improved Recruitment And...
Engaging Employees: A Case for Improved Recruitment and Retention
Chris W. Hengstenberg
Florida International University
Executive Summary
A trend has developed with regard to this organization's recruitment and retention efforts that has the potential to develop into a significant challenge
both financially and logistically. Since the economic recovery began in our community in 2011 (COS, 2012), therecruitment and retention efforts of
our Human Resources Division (HRD) has struggled to keep pace with the attrition rate of retiring employees and the growth rate of city government,
in terms of new positions and re–funded positions. In broad terms, this is exceptional news for a community that was decimated by the Great
Recession and a ... Show more content on Helpwriting.net ...
Without a strong and renewable human capital resource to provide the delivery of that service, the ability of this city's administration to continue its
long tradition of delivering "quality service at a reasonable cost" will be significantly compromised (COS, 2011). It takes people, engaged and
educated, to give this community the public goods it has come to rely on this administration to produce. This city's motto of "come grow with us" has
to reflect the growth of the administration's capabilities to meet the demands of an increasing population that relies more and more on it's government
to meet many of the daily basic needs of it's residents. A greatly improved recruitment and retention commitment are key to the success of this
administration addressing its citizen's needs.
This policy advocacy memo is intended for evaluation and review by the members of City Council and the City Manager. This paper will present the
charter officers with a formal review and background information regarding the current recruitment and retention challenges, an assessment of three
commonly used and accepted policy alternatives (maintain status quo, initiate recruit/employee incentives, or implement an active employee
engagement program), followed by a recommendation for a policy decision and implementation plan. It is felt that the implementation of a strong
employee engagement plan that focuses on acculturation, acceptance, and appreciation will greatly improve both new
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An Example Of A Private Sector Business
Business Organisations Task 1
A private sector business is a business that is part of the economy that is not state controlled. It is run by individuals and companies who are mainly
for profit. These businesses are not owned or operated by government. An example of a private sector business would be ASDA. Asda Stores limited is
an American owned, British founded supermarket retailer. The company has been a subsidiary of the American retail company Wal
–Mart since July
1999, and is now the second–largest supermarket chain by market share (Corporate Watch 1996–2014). The company provides normal goods for the
public. They offer service to the public and strive for excellence business. I chose this example because ASDA is a large company that is aiming for
profit and it is a private sector business.
A public sector business is a business that usually composed of organisations that are owned and operated by the government (PrivacySense2015).
The primary difference between public and private sector businesses is who they for. Public sector employees are who those work for government.
An example of public sector would be public schools. The purpose of schools is that they provide education for the young people and public schools
are funded by government to offer education to students. I chose public schools business they are from public sector and because they use government
funding to offer education to the children. Public schools offer free education and they are
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How Marketing Is The Process Of Planning And Executing The...
Introduction
"Marketing is the management process for identifying, anticipating and satisfying customer requirements profitably" (Chartered Institute of Marketing).
Marketing is the process of planning and executing the conception, goods and services that create exchanges that satisfy individual and organisational
objectives. The customer is the most important person to any business, this Assignment will allow me to analyse the important strategies that a Business
uses to ensure Survival Growth.
Principles of Marketing
Marketing Involves a range of processes, this makes marketing an important activity in a business environment and ultimately affects the profit and
sales of a business. Marketing is a business promoting their goods or services, this will include market research and advertising. Businesses use
marketing to help create products to meet consumer needs and demand. Effective marketing will involve market research as this produces the best
results. There are two main types of market research, the first type of market research is 'Quantitative Research ' this involves collecting a lot of
information by using techniques such as questionnaires and forms of surveys. The second type of market research is 'Qualitative Research ', this
involves working with smaller consumers and discussing products and services with the smaller consumer as researches take notes. The Information
that is collected from market research may be placed in to a spreadsheet or a graph for
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9/11 Prevention Plan
The Private Sector is an important entity within the Homeland Security Enterprise. The term "enterprise" includes all Department Homeland Security's
(DHS) partners and the 22 different federal agencies to work together with the same common goal (Department of Homeland Security, 2015). One of
DHS's partners is the Private Sector. The Private Sector is considered a single, overarching entity that is comingled within the society (APUS Week 1
Lesson). In simple terms, the private sector is entities that are not part of the public entity or the government and operates to make profit. Unlike the
public sector (federal, state, or local government agencies), who operate for the citizens and does not operate for profit. As a single and overarching,
entity, the private sector's roles and responsibilities include: planning, critical infrastructure, partnerships, science and technology, and resilience (APUS
Week 1 Lesson). ... Show more content on Helpwriting.net ...
Planning ties with one of the National Preparedness Goal's mission area, that is prevention. The 9/11 events made DHS to aggressively change its
focus to an "all hazards" approach. Prevention is a core component to accomplish this objective. However, for an effective prevention requires
thorough planning. The private sector provides this type of service and DHS may hire a private sector entity to develop a prevention plan for them. In
planning, all levels of government and private sector entities must coordinate with one another in developing and executing courses of action to
prevent or reduce the impact of natural disasters or terrorist attack (Homeland Security, 2011). According to the National Preparedness Goal, planning
is one of the mission are capabilities and preliminary targets of prevention (Homeland Security, 2011, p. 5). The private sector's impact in planning
with the DHS is essential for an effective prevention in support of the National Preparedness
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Business Vs. Government Owned Business
Most Military Soldiers believe that when they get out of the Military and start a business that there is only one type of business they can own. They
also believe that they will not have any problems in achieving their own business goals and will have stability in that business. This is why they have
to set long and short term goals. Look at privately owned business vs. government owned business and the pros and cons of making your choice of
business. When making that choice of either business type education level, wages, benefits, and total compensation are an affecting factor to a positive
or negative outcome.
Accomplishment, Issues, and Concerns
The state of this project, including accomplishment, issues, and concerns are as followed: when doing the research, finding sufficient information to
support the entire topic outline is difficult to find, narrow down, and changes from country to country. However, the choice of privately owned business
vs. government owned business have been broken down into a small sample population of ten Military Soldiers out of twenty–five that are attending a
class called, "Boots to Business." While looking at the pros and cons of education level, wages, benefits, and total compensation, one can become
somewhat familiar with the research topic by experience, while testing the validity, reliability, and obtain the purpose of this research. The tenSoldier
names and identity will stay confidential and private; unless otherwise
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What Are The Advantages And Disadvantages Of Project Finance
(i) Project finance is a method to raise long–term debt financing of a new project secured by its own future cash flow rather than an existing corporate
balance sheet or other existing assets. Project financing pays off by itself via the project's cash flow. The project's interests, assets and rights are held
as collaterals in the event the cash flow is unable to handle the repayment. This type of financing enables companies to fund projects off the balance
sheet and is henceforth especially attractive for private sector companies.
Under project finance, a special firm or special project vehicle (SPV) for a ring fenced project is setup to carry out the project. SPVs are legally &
economically self–contained and is usually raised for a new ... Show more content on Helpwriting.net ...
Taking into account the above, the basic principle of PPPs is the sharing of responsibilities. Public and private partners join forces to undertake a
project of public interest. Both parties will attempt to identify the all risks involved and then assign all entities the responsibilities each party is best fit
to handle. This highlights the mutual contribution of resources, in various forms, always according to the type of project and agreed goals.
An important factor of risk sharing, is that different entities exhibit different perception of the same risks. Usually, the private sector shoulders part or
the entire financial risk of a PPP scheme. The public sector on the other hand, takes on risks pertaining to the framework in which the project will be
materialized and operated successfully on.
Complexity is another main characteristic of projects that takes place through PPPs. PPPs usually concern projects with a number of aspects and of
which the outcomes will affect a variety of interests. The government cooperates with private parties because it realizes that it is in no position to
define all the conditions required to achieve the desired
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†Business’ and Its †Environment’
'Business' and Its 'Environment'
Introduction
 Every business organization has to interact and transact with its „environment‟.  The effectiveness of interaction of an enterprise with its
environment primarily determines the success or failure of a business.
 The environment imposes several „constraints‟ on an enterprise and has a considerable impact and influence on the scope and direction of its
activities. The enterprise, on the other hand, has very little control over its environment.  The business environment presents two challenges to the
enterprise, viz., the challenge to combat the environmental threats (such as intensification of competition, declining market etc.) and to exploit the
business opportunities.  The basic job ... Show more content on Helpwriting.net ...
 Within the private sector businesses vary in
 Objectives (profit and CSR)  Legal structure (sole trader; partnership; limited company)  Industry;  Size (measured in terms of number
of employees; sales revenue)  Market power (degree of competitive pressure)  Geographical reach (within, between, and among countries)
 The diversity also means that, although there are common elements in the business environment, each business operates in an environment that is,
to some extent, unique.
Thinking about the business environment – Eight key themes
 Internal/external – the environment is both inside and outside organisations. Internal: „controllable‟ | External: „uncontrollable‟
 Business organisations is not really a single, unified entity but is internally differentiated.  Managers within business, to be effective, have to
deal with both the internal and external environment.  The ability of an organization to operate successfully within its external environment
depends, in large part, on the effectiveness of internal systems and procedures.  The internal environment has to be managed and adapted to the
demands and opportunities of the external environment.
 Important internal factors: organizational resources; R & D and technological capabilities; financial capability; marketing capability;
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Advantages And Disadvantages Of The Partnership Between...
Introduction the subject of the partnership between the public and private sectors established with great interest by governments and societies and
research centers around the world after it became clear that the economic and social development process depends on the crowd and gather all the
possible of society, counting the energies and resources and expertise of both the public and the private sector to share in the institutional regulations
shall construction and operation of projects of various kinds after encountering institutional regulations and separate independent sectoral tests and
problems in reaching development goals ambitious target levels
Collaborative Advantage is the ability to usage effective and rewarding partnerships... Show more content on Helpwriting.net ...
These area are shift in philosophy about the roles of the private and public sectors, a acknowledgment by both the public sector and private sectors of
their interdependence, and a better accepting of how each party can expansion from partnership, there are several thing that make collaborative work
such environmental factor which A history of collaboration occurs in the public and offers the possible collaborative partners an accepting of the roles
and beliefs required in collaboration and enables them to belief the process. Also The collaborative group is observed within the community as
consistent and competent– at least related to the goals and activities it intends to achieve. The Ability to compromise meanwhile the many decisions
inside a collaborative effort cannot feasibly suitable the likings of every member perfectly, also Collaborating partners need the same vision, with
visibly agreed–upon mission, objectives, and strategy. The shared vision might exist at the beginning of collaboration, or the partners may develop an
image as they work
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Difference Between Private Sector And Public Sector
1.1Explain the differences between the private sector the public sector and the voluntary sector
The Private Sector
The private sector is usually composed of organizations that are privately owned and not part of the government. For example, retail shops, credit
unions, and local businesses will operate in the private sector.
The Public Sector
The public sector is usually organisations that are owned and operated by the government. This includes federal, local, national, or municipal
governments (cities, towns, villages, counties, districts, or metropolitan regions), depending on where you live. Privacy legislation usually calls
organizations in the public sector a public body or a public authority.
Some examples of public bodies are educational bodies, health care bodies, police and prison services, and local and central government bodies and
their departments.
The voluntary sector
The voluntary sector is very diverse, including multi–national charities, local community groups and everything in between.
There are many types of voluntary organisations in the UK. Most are one of the 180,000 registered charities, but there are also housing associations,
credit unions, community interest companies, trusts, local community groups and others.
Voluntary sector organisations' management and governance is similar to the private sector. The board of trustee's act as directors.
Main Differences:
Legal Obligations
Publicly owned companies, because they are partially
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History Of Accounting And Private Sector
Introduction
Since the early 1980s public sector accounting and private sector accounting have experienced significant transformation such as decentralization,
deregulation and the differences between thee two sectors are highly topical and political in many countries (Blondal 2003). The key transformation is
the adoption of 'accrual basis' of accounting rather than 'cash basis' accounting by increasing number of countries (Guthrie and Ryan 1998). Meanwhile,
public sectors refer specifically to organizations owned by government and private sectors refer to those organizations which are not government, owned
and run by individuals and companies for profit–oriented (Investopedia 2014). In this essay, there are several accounting issues to be discussed, include
the development of sector neutrality, advantages and disadvantages of accrual basis accounting in public sector and meaningfulness of sector neutrality.
Development of sector neutrality
'New Public Management' is used to describe the institutionalization of private sector corporate models into the public sectors (Guthrie and Ryan
1998). In order to set a standards to private and public sectors, the Public Sector Accounting Standards Board (PSASB) merged with the Australian
Accounting Standards Board (AASB) in 2000 (Ryan, Guthrie and Day 2007). After merging with PSASB, the new AASB made a decision regarding
International Financial Reporting Standards (IFRS) adoption in 2002 but effective in 2005 (Ryan, Guthrie and Day
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In the most general sense of the word, a concrete is a...
In the most general sense of the word, a concrete is a substance that solidifies to act as glue. Romans were the first to use "modern cement "for
purposes of masonry made of crushed stone with vivid lime as binder. They named this substance "caementicium opus "which was later referred to as
cement, cimentim , cäment and cement.
Cement is mainly used in construction. It is a gray powdery substance burnt lime and clay, mixed with water and sand to make mortar (a paste used to
bind the building blocks together and fill the spaces between them) or with water, sand and gravel to make concrete (one strong durable construction
material).
The cement industry is of paramount importance in the development and highly dynamic world today. To initiate,... Show more content on
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Therefore, in 1956, the government, with the help of the Industrial Development Corporation of Pakistan (PIDC), laid the foundation for two cement
units Daudkel and Hyderabad and then more plants were established in the private sector.
These measures lead to dramatic improvement in productivity of cement, and created opportunities to other entrepreneurs and investors to work in this
sector. This step helped in bridging the gap between demand and supply in the market. Five cement factories were established during initial thirty
years after independence with a total capacity of 3.2 million tons despite the fact that Pakistan is rich in deposits of limestone, clay and gypsum, which
is the basic raw material for the. The situation not only stabilized but improved enough for the country to export cement for the first time in 1966. At
that time, the government allowed 4% of local production to be exported. This is vital, because the government did not want to create any shortage
locally. Exports amounted to about 30% of local production in 1970.
NATIONALIZATION IN BHUTTO REGIME
Bhutto's era saw the situation takes a complete turn and export Pakistan saw the situation deteriorate to a level that Pakistan was forced to import
cement to late 1970s. The same situation prevailed in the status quo until 1994–1995 and the growth of the industry once two digits
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India's Industrial Development
Industrial Development Since Independence. 1. The British regarded India as source of supply of raw materials and market for British manufacturers
and hence, at the time of Independence, India was industrially an underdeveloped economy. 2. The poor industrial sector was domintaed by consumer
goods industries like cotton textile, jute, sugar, salt, paper, soap, etc. 3. Industries producing intermediate goods like steel, coal, cement, alcohol, power,
non–ferrous metals were poorly established in terms of productive capacity. 4. Capital goods industries hardly made their presence felt. 5. In the post
independence period, India embarked upon industrial development under the five year plans GROWTH IN PRE REFORM PERIOD (1947–1990) 6.
The... Show more content on Helpwriting.net ...
Phase 3 (1975–1990) Economic Recovery The industrial sector recovered during this period due to Increase in investment specially in the public
setor, that too in infrastructure. Liberalization of import of foreign technology Extension of broad banding Increase in fiscal Incentives[Fiscal
incentives are no taxes given to new companies for the first 5 years] Increase in licensed capacity scheme. [Process industries have an initial
licensed capacity sanctioned by the government.Capacity of a facility is its limiting capability to produce an output over a period of time. Thus the
annual capacity of a 2 wheeler firm is say 7lacs scoters annually. It means the production is limited to this productive capability over a period of one
year.] The rate of industrial growth increased and reached it's peak value of 8.5% during the seventh five year plan. (1985–1990). GROWTH IN POST
REFORM PERIOD: (1991 onwards) The Government of India accounced the New Industrial Policy in 1991 in which a number of liberalization
measures were taken; such as Scrapping of the licensing system Dilution of the role of public sector Encouragement of private investment in various
fields Removal of investment ceilings for small industries Allowing foreign direct investment in various sectors, etc. This new policy led to marked
growth in the capital goods sector
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Fcuk Connection: Pros And Cons Of The French Connection
FCUK FRENCH CONNECTION
French connection (also branded as FCUK) is a UK– based global retailer and wholesaler of fashion clothing, accessories and home ware. It was
founded in the early 1970s by Stephen a mark, who remains the chief executive; it is based in London and its parent French Connection PLC is listed
on the London stock exchange.
French Connection distributes its clothing and accessories through its own stores in the UK, US and Canada and through franchise and wholesale
arrangements globally. The company became notorious for the use of the "FCUK" initialise in its advertising campaigns in the early 2000s.
Marks introduced the French connection label in 1972 and four years later showed its first menswear collection.
Source:'FCUK', ... Show more content on Helpwriting.net ...
Fiscal policy is divided into 2 types and they are taxing and spending. And monetary is divided into three types and those three are bonds, reserves and
interest rates.
Fiscal policy
Fiscal policy is "The changes in government spending and taxes are at the option of the federal government." Source: ICBT HANDOUTS
Each year governments raise and spend huge amounts of money. The UK government's estimates for 2008 for an example suggest that the government
spending will be about ВЈ618 billon and is to be allocated in a manner, this spending will be funded mainly from taxations( direct and indirect) and
national insurance contributions. Fiscal policy involves the use of changes in government spending and taxations to influence the level and
composition of aggregate demand in the economy.
Fiscal Policy involves the use of changes in government spending and taxations to influence the level and composition and aggregate demand in the
economic and giving the amount involve is clearly as important implications for business
Fiscal policy involves
1.taxation and other sources of income
2.government spending
3.borrowing whenever spending exceeds
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Demand For New Government Maiden Budget And Improve...
Expectations to the New Government A to Z
*Dr.A.Jayakumar
**K.Sumathi
Abstract
This paper discus on expectation for new government maiden budget and improve governance and fiscal consolidation. This study examine that the
current status of the economic development in India. The sector plays a vital role in economic development of the country. It attempts to outline the
expectation to the sectors. This paper focus on present budget position and company's impact are analyzed. Authors suggest that establishment of the
sector in India.
*Professor of Commerce, Periyar University, Salem –11
**Ph.D Research Scholar, Department of Commerce,Periyar University, Salem–11,email: sumathia148@gmail.com
Expectations to the New ... Show more content on Helpwriting.net ...
The new Expectations are high and the government will present an adjustment to the former government 's budget implement its own strategy.
If the government announces any definite measures which would either lead to broadening of the tax base or increase in tax compliance, a modest
increase in revenue cannot be rule out. However, development in tax buoyancy could only result from bringing about structural changes in the tax
structure such as implementation of GST and DTC. We also expect the government to take a strong stance on some of the impending tax–related
disputes relating to retrospective changes to tax laws, transfer pricing laws and General Anti–Avoidance Rules (GAAR). We would also expect the
government to give a clear outline of its intentions on disinvestment which would also help in assessing the resources available for its expenditure.
At the rate of 15% investment allowances to the manufacturing companies. New plant investment excess rate of Rs.0.25billion in any year and
machinery upto 2016–17 is expected to provide manufacturing companies.
Table No: 1 Market expectations
Fical Defict Target4.1% GDPFebruary 2014 Retained Budget 2014–15
Net Revenue Growth20%2014–15 Provisional Data for 2013–201
Mild Improvement in Economic Growth 5.0–5.5%2014–15from the Sub 5% levels in 2012 – 14
The new government
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Public vs Private Sector
PRIVITIZATION OF SERVING IT RIGHT
A Provincial Program
PRIVITIZATION OF SERVING IT RIGHT
A Provincial Program
Shaylan Zecchel
300208379
October 9th, 2015
BUAD 425 – Steven Watson
Shaylan Zecchel
300208379
October 9th, 2015
BUAD 425 – Steven Watson
Table of Contents Introduction2 What is Serving It Right?2 Public Sector Administration of Serving It Right3 Public Sector Employees versus Private
Sector Employees4 Monetary Wages and Benefits4 Private Sector Administration6 Risks6 Benefits6 Jobs8 Conclusion8 Bibliography9
Introduction The question is not why the public sector can't continue to administer the SIR program, it is how the private sector can do it better. The
public sector ... Show more content on Helpwriting.net ...
It doesn't help that departments and agencies turn over more frequently, causing unnecessary starts and stops in the progress of specific areas. As well,
the public sector holds flexibility in decision making, and the way to use the public's money efficiently (Mares, 2013). Although the SIR program is
important to the safety of the public, it does not seem important enough to use taxpayers' money in order to fund it.
Yes, many people have to take this program in order to be qualified for a job, event or special occasion, but what about the people that are not in one
of these situations? Why do they need to pay out of their pocket so that the public sector can continue to administer? We as a province, should make a
change, and hand the SIR program and it's duties over to the private sector.
Public Sector Employees versus Private Sector Employees A recent study by Fraser Institute, reveals some critical issues in relation to the benefits
that a public sector employee gets over that of a private sector employee. The BC public sector earns more than the private sector, which would be
expected. However, how much more they make, is where the issue arises.
Monetary Wages and Benefits In 2013, government workers were paid 6.7% more and 3.6% more than unionized private workers. Not only do these
workers receive better wages, but also get better non–wage benefits
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Difference Between Corporate Governance And The Uk Public...
Critically analysis the key differences and similarities between corporate governance in the uk public and private sectors.
Corporate Governance and laws or regulations related to it affect both the private and the public sector in the UK. There are key differences and
similarities in their corporate governance practice and can affect how businesses run under governance codes which they must follow. The UK
corporate governance code affects the private sector and focuses on Leadership, Effectiveness, Accountability, Remuneration, Relations with
shareholders. The public sector has Accounts and Audit Regulations among others to follow which has its own rules and regulations which are legally
required.
Corporate governance in itself has no single definition but common principles which it should follow. For example in 1994 the most agreed term for
corporate governance was "the process of supervision and control intended to ensure that the company's management acts in accordance with the
interest of shareholders" (Parkinson, 1994)1. Corporate governance code is not a direct set of rules but a self–regulated framework which businesses
choose to follow. This code has continued to change in the past 20 years in accordance with what is happening in the business world. For example the
Enron scandal caused reform in corporate governance with the Higgs Report which corrected the issues which were necessary. Although it does not
quickly fix problems, it gives a better framework to
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Case Study Of The Not-For-Profit Organization
This chapter deals with the case study of the target organization with a lot of history and reputation spanning three decades.
As a player in the not–for–profit–organisation (NFPO) ecosystem, XXXY has made a reputation in the field of original economic research in
all–encompassing policy oriented research undertakings. It was a trail–blazing undertaking to conduct the business of informing both the government,
the public as well as the industry or loosely, the private sector, prognoses on current and topical economic issues with an extensive analyses of statistical
databases.
The case study has the following sub–headings:
Introduction and NFPO's vison & mission
Strategic intent
Three distinct trail–brazing milestones
Headwinds and challenges
Organization design development dimension
Strategic management
The first clarion call
The second clarion call
The penultimate wake–up call
Watershed decisions in 2015
INTRODUCTION AND NFPO'S VISION AND MISSION
The NFPO undertakes independent and high quality problem–oriented research on economic, financial and ... Show more content on Helpwriting.net ...
In most cases spanning the first three decades the situation is far from satisfactory.
The NFPO adopts a flat organisation hieirachy. At the apex is the sole decision making authority vested in a Board of Trustees. The Executive
Director is the chief executive officer, supported by a team of full time researchers. The oversight responsibility over the NFPO's research program is
vested in an Advisory Panel.
The organisation design for the NFPO is sound as it caters for the need for a close team working almost akin to a collegiate setting.
The business model is fractured as it relies almost entirely on in–house research. However when there are imbalances between funding operating
expenditures versus research expenditures and the consideration of cash flow the challenges surface to the
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Business Environment
MODULE –3 Business Around Us
Notes
3
BUSINESS ENVIRONMENT nderstanding the environment within which the business has to operate is very important for running a business unit
successfully at any place. Because, the environmental factors influence almost every aspect of business, be it its nature, its location, the prices of
products, the distribution system, or the personnel policies. Hence it is important to learn about the various components of the business environment,
which consists of the economic aspect, the socio–cultural aspects, the political framework, the legal aspects and the technological aspects etc. In this
chapter, we shall learn about the concept of business environment, its nature and significance and the various ... Show more content on Helpwriting.net
...
It is very difficult to predict the exact nature of future happenings and the changes in economic and social environment. . (e) Business Environment
differs from place to place, region to region and country to country. Political conditions in India differ from those in Pakistan. Taste and values
cherished by people in India and China vary considerably.
Notes
3.1.2 IMPORTANCE OF BUSINESS ENVIRONMENT
There is a close and continuous interaction between the business and its environment. This interaction helps in strengthening the business firm and
using its resources more effectively. As stated above, the business environment is multifaceted, complex, and dynamic in nature and has a far–reaching
impact on the survival and growth of the business. To be more specific, proper understanding of the social, political, legal and economic environment
helps the business in the following ways: (a) Determining Opportunities and Threats: The interaction between the business and its environment would
identify opportunities for and threats to the business. It helps the business enterprises for meeting the challenges successfully. (b) Giving Direction for
Growth: The interaction with the environment leads to opening up new frontiers of growth for the business firms. It enables the business to identify
the areas for growth and expansion of their activities. (c) Continuous Learning: Environmental analysis makes the task of managers easier in dealing
with business
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Private Sectors And A Public Sector
Two private sectors and a public sector were selected for collecting data for this entire study. In those the first stage data were collected in the form of
participant observation ,which carried out from Medical trust hospital (private sector), Kochi and Medical college hospital (public sector,
Thiruvanathapuram. In the second stage, the participants were recruited for semi–structured interviews from Cosmopolitan Hospital (private sector),
Thiruvanathapuram and Medical college hospital; the same hospital from which the data collected in the first stage (Medical college Hospital). By
selecting the two different sectors (public and private) provide an opportunity to observe the interaction between patients from different social status ...
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The department official opening time from Monday to Saturday from 8:30 AM to 2:30 PM.
2)Medical trust Hospital(MTH)
The MTH is a 750 bed multi–speciality private hospital situated at Kochi since 1973. Kochi is one of the five largest cities in south India. Kochi is
situated on the coast of the Arabian Sea and it is known as 'the queen of Arabian see'. It is one of the most densely populated cities in south India. It has
physiotherapy department, started in the year 2005. A total number of 12 physiotherapist working in that department for treating both inpatient and
outpatient. The out patient department is situated at the ground floor of the hospital. It has a waiting area, near to waiting area private cabin of head of
the department consultation cabin and an open area for exercise. Mainly three physiotherapist, including department head, one senior therapist and one
junior therapist; and two internship students were handling the patient came to the outpatient department of MTH. However, the other inpatient
physiotherapist were also allocated to outpatient department to help in busy situations. In addition to that when the outpatient physiotherapist went for
break, the inpatient physiotherapist will allocate temporarily to handle the out patients. Majority of the patient attend the physiotherapy outpatient
department were referred by the specialised doctors (orthopaedic, neurology
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Different Types Of Organizations, Public, Private And...
P1: Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures.
What is an organization?
An organization is a group of people, such as a foundation or an academy that worked together to accomplish multiple goals and is associated to an
external environment. There are different types of organization, some organization formed to earn income for its owners but some other organization
which called non–profits are worked for public purposes. There are 3 main types of business organization Such as:
Public Sector Organizations:
Private Sector Organizations: Voluntary Sector Organizations:
Public Sector Organizations: Public Sector Organizations is operated and owned by the Government for the people of the state. Source of funding for
this sector usually raised through public taxes, fee and through financial transfer from central government to local government. Example of public
sectors organizations are: NHS (National Health Service), DfT (Department for Transport), HM Revenue & Customs (HMRC)
Private Sector Organizations: Private Sector Organizations operated and owned by the private individual instead of government and usually aimed to
make profit for its shareholders. Around the world the most business activities are in private sectors. Some of the well – known private sectors
organizations are: Coca–Cola, Google, and Amazon.
Voluntary Sector Organizations: Voluntary Sector Organizations are not owned or
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What Is The Difference Between The Public Sector And...
Introduction Job refers to a group of a mixer of tasks related to similarity of function. Employs performed their job in exchange of salary. Job can
define as duties, responsibility and given tasks which can accomplished by rated, qualitative work . Individuals can be indentify by their job which
position they are holding. People actually doing job for many reason but main reason of doing job financial factors like salary, pension, job security
and other benefit etc. There are many ways to differentiate job. One way is government sector job and other is private sector job. The public sector is
the part of government. The composition of the public sector varies by country, but in most countries the public sector includes such services as the
military, police, infrastructure (public roads, bridges, tunnels, water supply, sewers, electrical grids, telecommunications. The public sector might
provide services that a non–payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual
who uses the service. (wikipedia, Public sector, 2017) Businesses and organizations that are not part of the public sector are part of the private sector.
The private sector is composed of the business sector, which is intended to earn a profit for the owners of the enterprise, and the voluntary sector,
which includes charitable organizations. (wikipedia, Private sector, 2017) The Private Sector
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Public And Private Sector Accounting
Introduction
The major debate in accounting is about the appropriateness of adopting the private–sector accounting standards and practices to the public sector.
Some researches support there is no distinction between the public and the private sector. For example, McGregor (1999) thought these two sectors are
primarily similar in physical characteristics of assets. However, the against side believes that in some public activities, the application of accounting
standards for public sector entities is inconsistent with the business sectors (Guthrie, 1998; Barton, 1999).
This report concerns on evaluating three major issues between public and private sectors accounting: 1) a sector–neutral approach chosen by
accounting regulators; 2) the impact of applying a sector–neutral approach to public–sector accounting; 3) the adequate information generated by
current approach meet the different information needs of users from public and private sectors.
After the Introduction, I will analysis these three issues by providing critiques and literature reviews on different opinions in following section and give
a conclusion.
Literature review and Evaluation
The public sector is one of the most important sectors of any countries. The public sector entities offer services, goods or programs to public for
non–profit purpose. However, the private sector is mainly composed by for–profit entities. In this report, I will regard the public sector entities as
government or government–controlled
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The Sugar Industry In India
Chapter 1
INTRODUCTION
INTRODUCTION:
India has been known as the original home of sugarcane and sugar. Indians knew the art of making sugar since the fourth century. However the advent
of modern sugar industry in India dates back to mid 1930's when a few vacuum pan units were established in the sub–tropical belts of Uttar Pradesh
and Bihar.
Until the mid 50s, the sugar industry was almost wholly confined to the states of Uttar Pradesh and Bihar. After late fifties or early sixties the industry
dispersed into Southern India, Western India and other parts of Northern India.
India is the largest consumer and second largest producer of sugar in the world. The sufficient and well distributed monsoon rains, rapid population
growth and substantial increases in sugar production capacity have combined to make India the largest consumer and second largest producer of sugar
in the world. ... Show more content on Helpwriting.net ...
With over 450 sugar factories located throughout the country, the sugar industry is amongst the largest agro processing industries, with an annual
turnover of Rs150bn. It plays a major role in rural development and its importance for India stretches far beyond the role of a sweetener supplier.
The sugar factories located in various parts of the country work as nuclei for development of rural areas by mobilizing rural resources and generating
employment, transport and communication facilities. Over 45mn farmers, their dependants and a large mass of agricultural labor are involved in
sugarcane cultivation, harvesting and ancillary activities constituting 7.5% of the rural population. The sugar industry employs over 0.5mn skilled and
unskilled workmen, mostly from the rural
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The Welfare Reforms Of The New Labour Government
Literature Review
Following the welfare reforms that were introduced by the New Labour Government in 1997, the coalition Government has developed, extended and
continued welfare–to–work programmes (Deacon and Patrick, 2012). The Government's 'rehabilitation revolution' saw policies designed to reduce
reoffending, and as a consequence resettlement initiatives emerged with welfare–to–work programmes (Ministry of Justice, 2010). Since the
implementation of the 'Work Programme' in 2011, welfare provision has seen a high influx of ex–offenders and Multi–Agency Public Protection
Arrangement (MAPPA) participants referred to programmes (Gov.UK, 2016). The main provider in Wales has delivered learning and development
provision to approximately 24,000 ex–offenders (Working Links, 2013). The ultimate aim of the provider is to ensure participants secure sustainable
employment. Accordingly, front–line staff have undergone specialist training to deal with 'risk' and mentor clients with complex and multiple needs.
However, there is a dearth of research focusing on this contemporary phenomena. Considering the pivotal role employment schemes play in
rehabilitating offenders, it is of paramount importance to determine whether or not the Governments confidence in employability schemes is justified.
To fully appreciate the effects that employment schemes have on the rehabilitation of ex–offenders, we must examine the different methodologies that
have been utilised to investigate this branch of
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Difference Between Private And Private Sector
Introduction :
The most basic distinction between public and private organizations is that the political community own public agencies whereas ownership of private
organizations belongs to entrepreneurs or shareholders.
However, there are many other differences between public and private organizations. The funding for public agencies derives mostly from taxation,
which contrasts with private agencies receiving funds predominately from consumers in the form of fees. In the public sector, organizations are largely
controlled by political forces, which also results in the imposition of constraints by the political system. Subjection to constraint results in frequent
changes in policies within public organizations. The owners and shareholders of private organizations have a direct incentive to monitor the behaviour
of managers to promote better performance and financial gain.
Summary
The development of the private sector and its expansion in all spheres of society increasingly emphasizes the attempts to alleviate the differences
between the public sector and the private sector. The collaboration of these two areas demonstrates their interdependence and their role in the overall
functioning of the national economy and of society as a whole.
The widespread use of private sector methods and theories on organizing the management process points to the fact that private sector ideas can be
transferred and can be used in the field of civil service. It is believed that through
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Comparative Study On Efficiency Of Public And Private...
Comparative Study on Efficiency of Public and Private Sector banks in Peshawar: A Case Study of ABL and NBP
Abstract This paper investigates the efficiency of public and private sector banks in Peshawar. For this purpose, we have taken the secondary data
from income statement, balance sheet and other financial reports of banks for the year for the year 2010, 2011 and 2012.We have used ratio analysis
technique on financial statements of the two banks to find out the efficiency that which sector banks is more efficient. Both banks are considered very
big and important financial institution for providing services to government employee and general publics. The all ratios result reveals that ABL is
more efficient than the NBP and on the basis of these findings it accepts the hypothesis that "The private sector banks are more efficient than public
sector banks in Peshawar" and reject the hypothesis "The public sector banks are more efficient than private sector banks in Peshawar". we realize in
this study that the private sector banks in Peshawar have better management and control over it as compare to public sectors bank. we suggest that
Investors should invest in private sector banks rather t public sector banks in Peshawar and Recommended some good suggestions for the betterment of
Public sectors banks.
Key words: Public and Private sectors Banks, Efficiency, Ration Analysis, ABL, NBP
Introduction
The word finance can be as a proxy of money, but in a real world
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The Appropriateness Of Public Private Partnership
The Appropriateness of Public–Private Partnership in Economically Affordable Housing in the Context of China
1Introduction
In recent decades, the rapid urbanisation in China has led to the fast economic growth alone with many social issues, especially housing problem. The
Chinese government tried to build public housing to ease this situation. However, the lack of incentives and benefits in local government often obstruct
the public housing projects from implementing. Thus, the increasing urbanisation, with most jobs concentrated in large cities, made the housing issue
acute in major metropolitan areas. For example, the demand for public housing exceeds supply by approximately 2.6%, 4.2%, and 5.1% per year in
Beijing, Shanghai, and Shenzhen, respectively (Zheng, 2012). The public housing problems not only lie in the quantity but also quality. The public
housing provided by the local governments are questioned at different levels.
Under the circumstances, the Chinese public sector could benefit from involving the private sector into the development of public housing. So the
existing public housing problem maybe relief by implementing the Public–Private Partnership (PPP) model, which could help the Chinese government
control the urgent situation and develop PPP housing in this complex political, legal, and financial environment (Huang and Tao, 2014).
In the following sections, affordable housing in China and the necessity and feasibility of PPP in affordable housing in China
... Get more on HelpWriting.net ...
Advantages And Disadvantages Of French Connection
FCUK FRENCH CONNECTION
French connection (also branded as FCUK) is a UK– based global retailer and wholesaler of fashion clothing, accessories and home ware. It was
founded in the early 1970s by Stephen a mark, who remains the chief executive; it is based in London and its parent French Connection PLC is listed
on the London stock exchange.
French Connection distributes its clothing and accessories through its own stores in the UK, US and Canada and through franchise and wholesale
arrangements globally. The company became notorious for the use of the "FCUK" initialise in its advertising campaigns in the early 2000s.
Marks introduced the French connection label in 1972 and four years later showed its first menswear collection
Source:'FCUK', ... Show more content on Helpwriting.net ...
The advantages and disadvantages of a government company is stated below
The advantages are
пѓ It provides a strong competition for the private sector companies
пѓ Most of the governments companies run on sound business as they as they have their surpluses to their projects.
пѓ The formation of government companies is very easy because it is formed like other joint stock companies
And the disadvantages are:–
пѓ Government companies are independence in theory, but in practice it is not independence because political groups obstruct in the day–to–day
operation of the companies. Since these are dependent on the government for taking important policy decisions
пѓ As many of the government companies take the support of civil servants, they cannot exercise better for the efficiency of the organization because
they are not technical persons.
пѓ Nearly every one of the government companies experience softness in management under the take hold of public services. These are not treated as
efficient as private units because of this state of relationships found.
Government departments
пѓ Departments are under control of any politician in charge or by any higher
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Construction Of Construction And Built Environment Sector
In this assignment I will be looking at the structure and activates of the construction and built environment sector. These particular roles all play a
massive part into the construction and maintenance of a building. Such as house Building which may be funded by a government grant, a private
investor or a mixture of both. Schools & Hospitals are mainly funded by government or a PFI contract. Industrial & Commercial Accommodation may
be funded by private company for their own use or letting them out to other companies. Utilities may be funded by the local councils with a
combination from the government to supply the houses and building with adequate means of water and gas and sewers along with civil engineers to
construct road and access to buildings. Reclamation may be funded by a private investor to develop land for means of building on. This may also
incorporate the demolition of building and areas of land which could be make way for new developments. Building Maintenance & Facilities
Management can be controlled by a private company working for a government origination.
These jobs will require trades such as structural engineers who work on houses, hospitals, bridges and office blocks. Working closely with the
architects 'Structural engineers have to choose appropriate materials, such as concrete, steel, timber and masonry, to meet design specifications'
(Prospects.ac.uk, 2015). Architects job would be to design new building or drawings for restoration projects
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Differences Between Public and Private Sectors Essay
The Differences between
Public Sector and Private Sector
[pic]
by
Robyn Z. Abdusamad
Dr. Deborah LeBlanc
PAD 620– Research Paper
August 23, 2010
The Differences between
Public Sector and Private Sector
SUMMARY
When we examine public sector versus private sector, plenty of differences come to mind. In defining each, we learn a private sector in an economy
consist of all businesses and firms owned by ordinary members of the general public. It also consists of all the private households in which people
live. The public sector in an economy is owned and controlled by a government. It consist of government businesses and firms and goods and services
provided by the government such as the national health service, state ... Show more content on Helpwriting.net ...
On the other hand, government organizations that are funded through market sales or user charges often have concomitantly greater autonomy from
governmental controls."
Majority of public sectors are managed under a bigger chain of command and control, while private sectors mostly operate in a corporate setting. As
for the differences with their policy decisions, the activities in the public sector have a goal of adhering to what is indicated by law, while the private
sector is driven by the rules of shareholders and corporate owners. Schmidt (2008) states, "The research agenda of companies is more focused and
targeted and therefore perceived as easier to handle for managers. Also, the decision–making process is different. Managers of private enterprises can
faster and easier change orientation, focus and targets. This implies, according to some managers, that the instrumentation used in the private sector is
different from the one used within public research." [pic][pic]Finally, the beneficiary of the services provided by the public sector, is the general
public. These goods and services are sometimes provided free and in other cases consumers have to pay a price. The goal
... Get more on HelpWriting.net ...
Explain The 4 P's Of Marketing
Marketing
Marketing is the process where goods and services move from concept to the customer. It includes the coordination of four elements called the 4 P 's of
marketing. These 4 P's include product, price, place and promotion.
Marketing Objectives
Marketing objectives are the group of targets set by a business when promoting its products/services to potential customer that should be achieved
within a given amount of time. A company 'smarketing objectives for a particular product might include increasing product awareness among targeted
consumers, providing information about product features, and reducing consumer resistance to buying the product.
The Marketing Concept
This is the philosophy that firms should analyse the needs of their ... Show more content on Helpwriting.net ...
However, these managers are sometimes caught up in a love affair with their product and do not realize what the market needs.
The Selling Concept is another common business orientation. It holds that consumers and businesses will ordinarily not buy enough of the selling
company's products if they are left alone. The organization must, therefore, undertake an aggressive selling and promotion effort. This concept assumes
that consumers typically show buying resistance and must be persuaded into buying. It also believes that the company has a lot of ways for effective
selling and promotional tools to increase sales. Most firms practice the selling concept when they have overcapacity.
The Marketing Concept. This is a business philosophy that challenges all of the other business concepts. It says that its organizational aims consists of
the company being more effective than their competitors in creating, delivering, and communicating customer value to its target customers.
Business Objectives
Business is an organization or economic system where goods and services are exchanged for one another or for money. Every business requires a
certain form of investment and enough customers to whom its output can be sold on a consistent basis in to make a profit.
A specific result that a business aims to achieve within a time frame and with available resources.
The business objectives set by these companies should be 'SMART', this stands for:
Specific
... Get more on HelpWriting.net ...

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How the Private, Public, and Non-Profit Sectors Can Work as a Team During Crises

  • 1. The Private Sector 1 Introduction The main objective of the private sector is to earn profits and become a leading organization in their line of business. To enhance this objective, most of the private sectors have embraced technological advancements where business is operated online. E–business is one of the current advancements where a business can advertise, market and make sales through the Internet. The business has to share its information online to attract a large pool of potential customers. Most of the business websites operates on intranets and extranets. Customers can only gain access to business information through the extranet. Authorized users can access most of the crucial and confidential information of a business through the intranet via an encrypted link. Thus, the business can secure its confidential information and protect its customers. 2 General Business Goals With the rising cases of cyber threats, businesses are at risk of losing their confidential information to unauthorized users. To deal with this menace, the lawmakers should address these issues through promoting the understanding of the risks associated with cybercrime. They should also be involve in acknowledging and addressing the cultural aspects of cybercrime as well as developing a collaborative approach towards an effective response to the menace (Boneh & Franklin, 2003). One such private sector is Amazon. Amazon is a private company in America that deals with electronic goods. The company was started as an ... Get more on HelpWriting.net ...
  • 2. Advantages And Disadvantages Of Fuk French Connection FCUK FRENCH CONNECTION French connection (also branded as FCUK) is a UK– based global retailer and wholesaler of fashion clothing, accessories and home ware. It was founded in the early 1970s by Stephen a mark, who remains the chief executive; it is based in London and its parent French Connection PLC is listed on the London stock exchange. French Connection distributes its clothing and accessories through its own stores in the UK, US and Canada and through franchise and wholesale arrangements globally. The company became notorious for the use of the "FCUK" initialise in its advertising campaigns in the early 2000s. Marks introduced the French connection label in 1972 and four years later showed its first menswear collection. Source:'FCUK', ... Show more content on Helpwriting.net ... Fiscal policy is divided into 2 types and they are taxing and spending. And monetary is divided into three types and those three are bonds, reserves and interest rates. Fiscal policy Fiscal policy is "The changes in government spending and taxes are at the option of the federal government." Source: ICBT HANDOUTS Each year governments raise and spend huge amounts of money. The UK government's estimates for 2008 for an example suggest that the government spending will be about ВЈ618 billon and is to be allocated in a manner, this spending will be funded mainly from taxations( direct and indirect) and national insurance contributions. Fiscal policy involves the use of changes in government spending and taxations to influence the level and composition of aggregate demand in the economy. Fiscal Policy involves the use of changes in government spending and taxations to influence the level and composition and aggregate demand in the economic and giving the amount involve is clearly as important implications for business Fiscal policy involves 1.taxation and other sources of income 2.government spending
  • 3. 3.borrowing whenever spending exceeds ... Get more on HelpWriting.net ...
  • 4. Pest Analysis INTRODUCTION This chapter identifies the main external influences on the UK market for private security and fire protection, using the four headings of a PEST analysis: political, economic, social and technological. Where such influences have more than one dimension, they are considered under the heading that is considered to be the most relevant. POLITICAL FACTORS The Terrorist Threat Precautions against terrorist attacks have been stepped up since the events of 11th September 2001, and there is strong demand for security services and equipment in the public sector. The UK, and especially London, has been on a high level of alert since the war in Iraq. Some of the UK 's export customers are also concerned about the threat from ... Show more content on Helpwriting.net ... The concept of Neighbourhood Wardens has been judged successful by the Office of the Deputy Prime Minister Neighbourhood Renewal Unit, which is helping to finance some of the schemes between 2000 and 2005. Neighbourhood Wardens provide a uniformed, semi–official presence in residential areas, with the aim of improving the local quality of life. They can provide community safety and assist with environmental improvements and housing management. Street Wardens are similar to Neighbourhood Wardens, but they have a greater emphasis on environmental problems, such as litter, graffiti and dog fouling. Their role is also to deter anti–social behaviour, to reduce the fear of crime and to foster social inclusion. Minimum Wage and Working Time Legislation The National Minimum Wage was introduced in April 1999, and a European Directive on working hours and holidays came into force in October 1998. The UK was able to introduce a voluntary opt–out of the 48–hour week, but the UK regulations are to be tightened and opinions seem to be divided as to whether this is to the long–term benefit or detriment of the guarding sector. Outsourcing of Police and Public–Sector Security Work A growing proportion of police and public–sector security work is being outsourced to private security firms, and this `civilianisation ' is expected to continue. Private firms already have a well–established role in the operation of private prisons, the monitoring of tagged ... Get more on HelpWriting.net ...
  • 5. Eth305 Unit 4 Paper Concept 8: The private, public, and non–profit sectors need to work as a team during crisis because it is not only up to the public sector to provide the necessary services during a disaster. Organizations over the past few decades have come to realize two things, there are a limited number of people in the government that are able to respond to natural disasters or large scale disaster effectively and that the government only has so many available resources to offer during a time of crisis. Another fact is, that private sector companies and non–profit entities, such as the Red Cross, have the ability to be more prepared due to their vast network of stores and distribution centers and their leisure, they indeed do have a unique responsibility ... Show more content on Helpwriting.net ... The essence of novelty, however, according to Howitt and Leonard (2009) is that it is unfamiliar and often as a consequence, it is difficult to spot, thereby giving us the discomfort of knowing that we, as individual or an organization, do not know how to proceed. There are many methods in which Howitt and Leonard (2009) have addressed to be successful in detecting novelty, such as, focusing attention on novelties, ensuring that diverse viewpoints are applied, systematically requiring additional thoughts, or setting operational expectations and tracking the results against those ... Get more on HelpWriting.net ...
  • 6. Methodology For Children Related Public Expenditure And... Methodology for Children–Related "Public Expenditure and Institutional Reviews" There are a number of events that have increased attention on the allocation of public expenditure (public finance) in the last few years, but the most important factors that have affected developing countries are: Overall, the global economic and financial crisis has put pressure on governments around the world to cut spending, deficits and debts, and allocate scarce public resources more effectively and efficiently to achieve the goals of poverty reduction, economic growth and sustainable development. As a result of the global crisis that has hit the richest countries the most, donor resources have also shrunk and donor conditionality has become more ... Show more content on Helpwriting.net ... This work has spawned various specialized PERs such as UNDP's "Climate Public Expenditure and Institutional Reviews" (CPEIR) which focus on climate change finance and UNICEF's "Child–Focused Public Expenditure Reviews" which focus on child–related public expenditure (I have been able to identify only three Child–focused PERs which have been conducted in Macedonia, Gabon and the Republic of Central Africa). Despite the heightened concern, there is no standard or unified framework or methodology for carrying out public expenditure analysis. A review of the WB's PERs has found that there is no consistency in PER's methodology and quality. Many PERs did not use explicit criteria for analyzing public spending or did not analyze relevant expenditure categories (i.e. major programs within sectors). More importantly, many of them did not analyze institutional processes and did not follow up to build government capacity. Over time, the WB has strengthened the PER methodology and their quality has substantially increased. UNDP (in cooperation with ODI) is also trying to strengthen the methodology for the conduct of CPEIRs and their ownership by client governments. Given the increased attention and funding that children issues have received over time, public spending directly or indirectly related to the achievement of children's rights and wellbeing has become an important part of public expenditure. Therefore, a detailed analysis of children–related expenditures in national ... Get more on HelpWriting.net ...
  • 7. Privatization of Social Services Essay The Benefits of Privatization of Social Services Contracting out is the process through which public organizations contract with private sector organizations to provide services normally provided by public agencies. It is a form of privatization, which is defined as any shift of activity or functions from the state to the private sector, more specifically, the shift of production of goods or services from public to private. (Starr, 5) Privatization reduces the role of government and increases the role of private sector agencies. However, public agencies maintain ultimate control over the provision of services and they control government funding. In an effort to reduce costs, enhance efficiency or improve services, many states ... Show more content on Helpwriting.net ... Like most public agencies, DPSS operates under the elite model of organizational structure. This structure dictates that formal rules and process are followed in order to reach the organization's goals. Therefore, in order to effectively contract out and maintain and effective organization, management must engage in the practice of well–known management principles (POSDCORB). Practicing the principles of planning, organizing, staffing, directing, coordinating, reporting, and budgeting, management can make sound decisions about the implementation and management of contracts. The effectiveness and efficiency in which the agency is run and the manner in which the contract is managed is grounded in the effective practice of these principles. In this research paper I will discuss the process of contracting out, issues of cost, credibility, accountability, and quality and quantity of services. My discussion will also include reasons for contracting out, opposition, and advantages and problems of contracting out. REASONS FOR CONTRACTING OUT Research indicates that there are several valid reasons for contracting out: To obtain special skills or supplemental staff. To meet demands beyond current government capacity. To improve service quality. To provide clients with more choice of providers and levels of service. (Nightingale
  • 8. ... Get more on HelpWriting.net ...
  • 9. The Asean And The Private Sector The ASEAN and the Private Sector The presence and influence of the private sector in Southeast Asia have never been strongly felt in the present time since the market collapse in the early 2000s. Governments and regional associations scurried in saving their economies by providing massive interventions in spending and funding. Much of the crises became the woe of the public and the private sector became more averse to business. Rohde (2011) posited that "restoring of financial confidence led to a permanent transfer of losses to the public sector, as the private sector's risk takers were bought out." Things were further exacerbated by the failure of banks to sustain inflow of capital to the already suffering privately–owned companies at that time. All of these problems piled up and forced the world economy to spiral down. The destructive debt collapse in the West affected most businesses in the East, albeit sparingly, as the Asian Financial Crisis in the latter part of the 1990s paved the way for Asian governments to place economic safeguards in order to insulate themselves from future drastic economic downturns. Ercel (2000) underscored that in order for the global economy to withstand economic crises, crisis prevention measures should be in place. He recommended that, insofar as the private sector was concerned, transparency should be improved so that investors could make sound investment decisions. Compliance to international standards on financial stability should be ... Get more on HelpWriting.net ...
  • 10. Differences Between Private Sector And Voluntary Sector 1.Understand organisational structures 1.1Explain the differences between the private sector, public sector and voluntary sector Private Sector Businesses and industries that are not owned or controlled by the Government. Private Sector organisations operate privately to make a profit with income generated from the sale of their products or services. Although many private sector firms are owned and controlled by individuals, many are owned by groups of people; for example, companies may be owned by shareholders, who have invested in that company. The Private Sector includes:– Sole trader – an individual who owns and runs the business him or herself. Partnership – A partnership is where two or more people come together to operate... Show more content on Helpwriting.net ... They are usually controlled by a directors or a management committee. The Voluntary Sector is often referred to as the Third Sector or 'Not for Profit' Sector. Whist they do not exist to provide profit for shareholders, they need to generate income. The Voluntary Sector includes:– Charities – Oxfam, Red Cross, YMCA, Women's Royal Voluntary Service Trusts – Local Housing Associations Local community organisations – Neighbourhood Watch Schemes Societies/Clubs – Local sports clubs, Scouts, Guides 1.2Explain the functions of different organisational structures Having the appropriate structure is vital for an organisation or business to meet its aims and objectives. A business may be structured by: Functions – activities such as customer service, marketing, operations, finance or IT Location – where regional divisions of the business take responsibility for a specific function or particular products, whether locally, nationally or internationally Product or services – where the business is divided into the particular products made or services provided
  • 11. All organisations have employees working at different levels of responsibility. At the bottom, a business depends on its operatives to produce the products or services. Team leaders often perform the day–to–day management role, with operational managers setting direction and strategy for the business as a whole. The number of employees in each level will depend on the business' ... Get more on HelpWriting.net ...
  • 12. Engaging Employees : A Case For Improved Recruitment And... Engaging Employees: A Case for Improved Recruitment and Retention Chris W. Hengstenberg Florida International University Executive Summary A trend has developed with regard to this organization's recruitment and retention efforts that has the potential to develop into a significant challenge both financially and logistically. Since the economic recovery began in our community in 2011 (COS, 2012), therecruitment and retention efforts of our Human Resources Division (HRD) has struggled to keep pace with the attrition rate of retiring employees and the growth rate of city government, in terms of new positions and re–funded positions. In broad terms, this is exceptional news for a community that was decimated by the Great Recession and a ... Show more content on Helpwriting.net ... Without a strong and renewable human capital resource to provide the delivery of that service, the ability of this city's administration to continue its long tradition of delivering "quality service at a reasonable cost" will be significantly compromised (COS, 2011). It takes people, engaged and educated, to give this community the public goods it has come to rely on this administration to produce. This city's motto of "come grow with us" has to reflect the growth of the administration's capabilities to meet the demands of an increasing population that relies more and more on it's government to meet many of the daily basic needs of it's residents. A greatly improved recruitment and retention commitment are key to the success of this administration addressing its citizen's needs. This policy advocacy memo is intended for evaluation and review by the members of City Council and the City Manager. This paper will present the charter officers with a formal review and background information regarding the current recruitment and retention challenges, an assessment of three commonly used and accepted policy alternatives (maintain status quo, initiate recruit/employee incentives, or implement an active employee engagement program), followed by a recommendation for a policy decision and implementation plan. It is felt that the implementation of a strong employee engagement plan that focuses on acculturation, acceptance, and appreciation will greatly improve both new ... Get more on HelpWriting.net ...
  • 13. An Example Of A Private Sector Business Business Organisations Task 1 A private sector business is a business that is part of the economy that is not state controlled. It is run by individuals and companies who are mainly for profit. These businesses are not owned or operated by government. An example of a private sector business would be ASDA. Asda Stores limited is an American owned, British founded supermarket retailer. The company has been a subsidiary of the American retail company Wal –Mart since July 1999, and is now the second–largest supermarket chain by market share (Corporate Watch 1996–2014). The company provides normal goods for the public. They offer service to the public and strive for excellence business. I chose this example because ASDA is a large company that is aiming for profit and it is a private sector business. A public sector business is a business that usually composed of organisations that are owned and operated by the government (PrivacySense2015). The primary difference between public and private sector businesses is who they for. Public sector employees are who those work for government. An example of public sector would be public schools. The purpose of schools is that they provide education for the young people and public schools are funded by government to offer education to students. I chose public schools business they are from public sector and because they use government funding to offer education to the children. Public schools offer free education and they are ... Get more on HelpWriting.net ...
  • 14. How Marketing Is The Process Of Planning And Executing The... Introduction "Marketing is the management process for identifying, anticipating and satisfying customer requirements profitably" (Chartered Institute of Marketing). Marketing is the process of planning and executing the conception, goods and services that create exchanges that satisfy individual and organisational objectives. The customer is the most important person to any business, this Assignment will allow me to analyse the important strategies that a Business uses to ensure Survival Growth. Principles of Marketing Marketing Involves a range of processes, this makes marketing an important activity in a business environment and ultimately affects the profit and sales of a business. Marketing is a business promoting their goods or services, this will include market research and advertising. Businesses use marketing to help create products to meet consumer needs and demand. Effective marketing will involve market research as this produces the best results. There are two main types of market research, the first type of market research is 'Quantitative Research ' this involves collecting a lot of information by using techniques such as questionnaires and forms of surveys. The second type of market research is 'Qualitative Research ', this involves working with smaller consumers and discussing products and services with the smaller consumer as researches take notes. The Information that is collected from market research may be placed in to a spreadsheet or a graph for ... Get more on HelpWriting.net ...
  • 15. 9/11 Prevention Plan The Private Sector is an important entity within the Homeland Security Enterprise. The term "enterprise" includes all Department Homeland Security's (DHS) partners and the 22 different federal agencies to work together with the same common goal (Department of Homeland Security, 2015). One of DHS's partners is the Private Sector. The Private Sector is considered a single, overarching entity that is comingled within the society (APUS Week 1 Lesson). In simple terms, the private sector is entities that are not part of the public entity or the government and operates to make profit. Unlike the public sector (federal, state, or local government agencies), who operate for the citizens and does not operate for profit. As a single and overarching, entity, the private sector's roles and responsibilities include: planning, critical infrastructure, partnerships, science and technology, and resilience (APUS Week 1 Lesson). ... Show more content on Helpwriting.net ... Planning ties with one of the National Preparedness Goal's mission area, that is prevention. The 9/11 events made DHS to aggressively change its focus to an "all hazards" approach. Prevention is a core component to accomplish this objective. However, for an effective prevention requires thorough planning. The private sector provides this type of service and DHS may hire a private sector entity to develop a prevention plan for them. In planning, all levels of government and private sector entities must coordinate with one another in developing and executing courses of action to prevent or reduce the impact of natural disasters or terrorist attack (Homeland Security, 2011). According to the National Preparedness Goal, planning is one of the mission are capabilities and preliminary targets of prevention (Homeland Security, 2011, p. 5). The private sector's impact in planning with the DHS is essential for an effective prevention in support of the National Preparedness ... Get more on HelpWriting.net ...
  • 16. Business Vs. Government Owned Business Most Military Soldiers believe that when they get out of the Military and start a business that there is only one type of business they can own. They also believe that they will not have any problems in achieving their own business goals and will have stability in that business. This is why they have to set long and short term goals. Look at privately owned business vs. government owned business and the pros and cons of making your choice of business. When making that choice of either business type education level, wages, benefits, and total compensation are an affecting factor to a positive or negative outcome. Accomplishment, Issues, and Concerns The state of this project, including accomplishment, issues, and concerns are as followed: when doing the research, finding sufficient information to support the entire topic outline is difficult to find, narrow down, and changes from country to country. However, the choice of privately owned business vs. government owned business have been broken down into a small sample population of ten Military Soldiers out of twenty–five that are attending a class called, "Boots to Business." While looking at the pros and cons of education level, wages, benefits, and total compensation, one can become somewhat familiar with the research topic by experience, while testing the validity, reliability, and obtain the purpose of this research. The tenSoldier names and identity will stay confidential and private; unless otherwise ... Get more on HelpWriting.net ...
  • 17. What Are The Advantages And Disadvantages Of Project Finance (i) Project finance is a method to raise long–term debt financing of a new project secured by its own future cash flow rather than an existing corporate balance sheet or other existing assets. Project financing pays off by itself via the project's cash flow. The project's interests, assets and rights are held as collaterals in the event the cash flow is unable to handle the repayment. This type of financing enables companies to fund projects off the balance sheet and is henceforth especially attractive for private sector companies. Under project finance, a special firm or special project vehicle (SPV) for a ring fenced project is setup to carry out the project. SPVs are legally & economically self–contained and is usually raised for a new ... Show more content on Helpwriting.net ... Taking into account the above, the basic principle of PPPs is the sharing of responsibilities. Public and private partners join forces to undertake a project of public interest. Both parties will attempt to identify the all risks involved and then assign all entities the responsibilities each party is best fit to handle. This highlights the mutual contribution of resources, in various forms, always according to the type of project and agreed goals. An important factor of risk sharing, is that different entities exhibit different perception of the same risks. Usually, the private sector shoulders part or the entire financial risk of a PPP scheme. The public sector on the other hand, takes on risks pertaining to the framework in which the project will be materialized and operated successfully on. Complexity is another main characteristic of projects that takes place through PPPs. PPPs usually concern projects with a number of aspects and of which the outcomes will affect a variety of interests. The government cooperates with private parties because it realizes that it is in no position to define all the conditions required to achieve the desired ... Get more on HelpWriting.net ...
  • 18. †Business’ and Its †Environment’ 'Business' and Its 'Environment' Introduction  Every business organization has to interact and transact with its „environment‟.  The effectiveness of interaction of an enterprise with its environment primarily determines the success or failure of a business.  The environment imposes several „constraints‟ on an enterprise and has a considerable impact and influence on the scope and direction of its activities. The enterprise, on the other hand, has very little control over its environment.  The business environment presents two challenges to the enterprise, viz., the challenge to combat the environmental threats (such as intensification of competition, declining market etc.) and to exploit the business opportunities.  The basic job ... Show more content on Helpwriting.net ...  Within the private sector businesses vary in  Objectives (profit and CSR)  Legal structure (sole trader; partnership; limited company)  Industry;  Size (measured in terms of number of employees; sales revenue)  Market power (degree of competitive pressure)  Geographical reach (within, between, and among countries)  The diversity also means that, although there are common elements in the business environment, each business operates in an environment that is, to some extent, unique. Thinking about the business environment – Eight key themes  Internal/external – the environment is both inside and outside organisations. Internal: „controllable‟ | External: „uncontrollable‟  Business organisations is not really a single, unified entity but is internally differentiated.  Managers within business, to be effective, have to deal with both the internal and external environment.  The ability of an organization to operate successfully within its external environment depends, in large part, on the effectiveness of internal systems and procedures.  The internal environment has to be managed and adapted to the demands and opportunities of the external environment.  Important internal factors: organizational resources; R & D and technological capabilities; financial capability; marketing capability;
  • 19. ... Get more on HelpWriting.net ...
  • 20. Advantages And Disadvantages Of The Partnership Between... Introduction the subject of the partnership between the public and private sectors established with great interest by governments and societies and research centers around the world after it became clear that the economic and social development process depends on the crowd and gather all the possible of society, counting the energies and resources and expertise of both the public and the private sector to share in the institutional regulations shall construction and operation of projects of various kinds after encountering institutional regulations and separate independent sectoral tests and problems in reaching development goals ambitious target levels Collaborative Advantage is the ability to usage effective and rewarding partnerships... Show more content on Helpwriting.net ... These area are shift in philosophy about the roles of the private and public sectors, a acknowledgment by both the public sector and private sectors of their interdependence, and a better accepting of how each party can expansion from partnership, there are several thing that make collaborative work such environmental factor which A history of collaboration occurs in the public and offers the possible collaborative partners an accepting of the roles and beliefs required in collaboration and enables them to belief the process. Also The collaborative group is observed within the community as consistent and competent– at least related to the goals and activities it intends to achieve. The Ability to compromise meanwhile the many decisions inside a collaborative effort cannot feasibly suitable the likings of every member perfectly, also Collaborating partners need the same vision, with visibly agreed–upon mission, objectives, and strategy. The shared vision might exist at the beginning of collaboration, or the partners may develop an image as they work ... Get more on HelpWriting.net ...
  • 21. Difference Between Private Sector And Public Sector 1.1Explain the differences between the private sector the public sector and the voluntary sector The Private Sector The private sector is usually composed of organizations that are privately owned and not part of the government. For example, retail shops, credit unions, and local businesses will operate in the private sector. The Public Sector The public sector is usually organisations that are owned and operated by the government. This includes federal, local, national, or municipal governments (cities, towns, villages, counties, districts, or metropolitan regions), depending on where you live. Privacy legislation usually calls organizations in the public sector a public body or a public authority. Some examples of public bodies are educational bodies, health care bodies, police and prison services, and local and central government bodies and their departments. The voluntary sector The voluntary sector is very diverse, including multi–national charities, local community groups and everything in between. There are many types of voluntary organisations in the UK. Most are one of the 180,000 registered charities, but there are also housing associations, credit unions, community interest companies, trusts, local community groups and others. Voluntary sector organisations' management and governance is similar to the private sector. The board of trustee's act as directors. Main Differences:
  • 22. Legal Obligations Publicly owned companies, because they are partially ... Get more on HelpWriting.net ...
  • 23. History Of Accounting And Private Sector Introduction Since the early 1980s public sector accounting and private sector accounting have experienced significant transformation such as decentralization, deregulation and the differences between thee two sectors are highly topical and political in many countries (Blondal 2003). The key transformation is the adoption of 'accrual basis' of accounting rather than 'cash basis' accounting by increasing number of countries (Guthrie and Ryan 1998). Meanwhile, public sectors refer specifically to organizations owned by government and private sectors refer to those organizations which are not government, owned and run by individuals and companies for profit–oriented (Investopedia 2014). In this essay, there are several accounting issues to be discussed, include the development of sector neutrality, advantages and disadvantages of accrual basis accounting in public sector and meaningfulness of sector neutrality. Development of sector neutrality 'New Public Management' is used to describe the institutionalization of private sector corporate models into the public sectors (Guthrie and Ryan 1998). In order to set a standards to private and public sectors, the Public Sector Accounting Standards Board (PSASB) merged with the Australian Accounting Standards Board (AASB) in 2000 (Ryan, Guthrie and Day 2007). After merging with PSASB, the new AASB made a decision regarding International Financial Reporting Standards (IFRS) adoption in 2002 but effective in 2005 (Ryan, Guthrie and Day ... Get more on HelpWriting.net ...
  • 24. In the most general sense of the word, a concrete is a... In the most general sense of the word, a concrete is a substance that solidifies to act as glue. Romans were the first to use "modern cement "for purposes of masonry made of crushed stone with vivid lime as binder. They named this substance "caementicium opus "which was later referred to as cement, cimentim , cГ¤ment and cement. Cement is mainly used in construction. It is a gray powdery substance burnt lime and clay, mixed with water and sand to make mortar (a paste used to bind the building blocks together and fill the spaces between them) or with water, sand and gravel to make concrete (one strong durable construction material). The cement industry is of paramount importance in the development and highly dynamic world today. To initiate,... Show more content on Helpwriting.net ... Therefore, in 1956, the government, with the help of the Industrial Development Corporation of Pakistan (PIDC), laid the foundation for two cement units Daudkel and Hyderabad and then more plants were established in the private sector. These measures lead to dramatic improvement in productivity of cement, and created opportunities to other entrepreneurs and investors to work in this sector. This step helped in bridging the gap between demand and supply in the market. Five cement factories were established during initial thirty years after independence with a total capacity of 3.2 million tons despite the fact that Pakistan is rich in deposits of limestone, clay and gypsum, which is the basic raw material for the. The situation not only stabilized but improved enough for the country to export cement for the first time in 1966. At that time, the government allowed 4% of local production to be exported. This is vital, because the government did not want to create any shortage locally. Exports amounted to about 30% of local production in 1970. NATIONALIZATION IN BHUTTO REGIME Bhutto's era saw the situation takes a complete turn and export Pakistan saw the situation deteriorate to a level that Pakistan was forced to import cement to late 1970s. The same situation prevailed in the status quo until 1994–1995 and the growth of the industry once two digits ... Get more on HelpWriting.net ...
  • 25. India's Industrial Development Industrial Development Since Independence. 1. The British regarded India as source of supply of raw materials and market for British manufacturers and hence, at the time of Independence, India was industrially an underdeveloped economy. 2. The poor industrial sector was domintaed by consumer goods industries like cotton textile, jute, sugar, salt, paper, soap, etc. 3. Industries producing intermediate goods like steel, coal, cement, alcohol, power, non–ferrous metals were poorly established in terms of productive capacity. 4. Capital goods industries hardly made their presence felt. 5. In the post independence period, India embarked upon industrial development under the five year plans GROWTH IN PRE REFORM PERIOD (1947–1990) 6. The... Show more content on Helpwriting.net ... Phase 3 (1975–1990) Economic Recovery The industrial sector recovered during this period due to Increase in investment specially in the public setor, that too in infrastructure. Liberalization of import of foreign technology Extension of broad banding Increase in fiscal Incentives[Fiscal incentives are no taxes given to new companies for the first 5 years] Increase in licensed capacity scheme. [Process industries have an initial licensed capacity sanctioned by the government.Capacity of a facility is its limiting capability to produce an output over a period of time. Thus the annual capacity of a 2 wheeler firm is say 7lacs scoters annually. It means the production is limited to this productive capability over a period of one year.] The rate of industrial growth increased and reached it's peak value of 8.5% during the seventh five year plan. (1985–1990). GROWTH IN POST REFORM PERIOD: (1991 onwards) The Government of India accounced the New Industrial Policy in 1991 in which a number of liberalization measures were taken; such as Scrapping of the licensing system Dilution of the role of public sector Encouragement of private investment in various fields Removal of investment ceilings for small industries Allowing foreign direct investment in various sectors, etc. This new policy led to marked growth in the capital goods sector ... Get more on HelpWriting.net ...
  • 26. Fcuk Connection: Pros And Cons Of The French Connection FCUK FRENCH CONNECTION French connection (also branded as FCUK) is a UK– based global retailer and wholesaler of fashion clothing, accessories and home ware. It was founded in the early 1970s by Stephen a mark, who remains the chief executive; it is based in London and its parent French Connection PLC is listed on the London stock exchange. French Connection distributes its clothing and accessories through its own stores in the UK, US and Canada and through franchise and wholesale arrangements globally. The company became notorious for the use of the "FCUK" initialise in its advertising campaigns in the early 2000s. Marks introduced the French connection label in 1972 and four years later showed its first menswear collection. Source:'FCUK', ... Show more content on Helpwriting.net ... Fiscal policy is divided into 2 types and they are taxing and spending. And monetary is divided into three types and those three are bonds, reserves and interest rates. Fiscal policy Fiscal policy is "The changes in government spending and taxes are at the option of the federal government." Source: ICBT HANDOUTS Each year governments raise and spend huge amounts of money. The UK government's estimates for 2008 for an example suggest that the government spending will be about ВЈ618 billon and is to be allocated in a manner, this spending will be funded mainly from taxations( direct and indirect) and national insurance contributions. Fiscal policy involves the use of changes in government spending and taxations to influence the level and composition of aggregate demand in the economy. Fiscal Policy involves the use of changes in government spending and taxations to influence the level and composition and aggregate demand in the economic and giving the amount involve is clearly as important implications for business Fiscal policy involves 1.taxation and other sources of income 2.government spending
  • 27. 3.borrowing whenever spending exceeds ... Get more on HelpWriting.net ...
  • 28. Demand For New Government Maiden Budget And Improve... Expectations to the New Government A to Z *Dr.A.Jayakumar **K.Sumathi Abstract This paper discus on expectation for new government maiden budget and improve governance and fiscal consolidation. This study examine that the current status of the economic development in India. The sector plays a vital role in economic development of the country. It attempts to outline the expectation to the sectors. This paper focus on present budget position and company's impact are analyzed. Authors suggest that establishment of the sector in India. *Professor of Commerce, Periyar University, Salem –11 **Ph.D Research Scholar, Department of Commerce,Periyar University, Salem–11,email: sumathia148@gmail.com Expectations to the New ... Show more content on Helpwriting.net ... The new Expectations are high and the government will present an adjustment to the former government 's budget implement its own strategy. If the government announces any definite measures which would either lead to broadening of the tax base or increase in tax compliance, a modest increase in revenue cannot be rule out. However, development in tax buoyancy could only result from bringing about structural changes in the tax structure such as implementation of GST and DTC. We also expect the government to take a strong stance on some of the impending tax–related disputes relating to retrospective changes to tax laws, transfer pricing laws and General Anti–Avoidance Rules (GAAR). We would also expect the government to give a clear outline of its intentions on disinvestment which would also help in assessing the resources available for its expenditure. At the rate of 15% investment allowances to the manufacturing companies. New plant investment excess rate of Rs.0.25billion in any year and machinery upto 2016–17 is expected to provide manufacturing companies. Table No: 1 Market expectations Fical Defict Target4.1% GDPFebruary 2014 Retained Budget 2014–15
  • 29. Net Revenue Growth20%2014–15 Provisional Data for 2013–201 Mild Improvement in Economic Growth 5.0–5.5%2014–15from the Sub 5% levels in 2012 – 14 The new government ... Get more on HelpWriting.net ...
  • 30. Public vs Private Sector PRIVITIZATION OF SERVING IT RIGHT A Provincial Program PRIVITIZATION OF SERVING IT RIGHT A Provincial Program Shaylan Zecchel 300208379 October 9th, 2015 BUAD 425 – Steven Watson Shaylan Zecchel 300208379 October 9th, 2015 BUAD 425 – Steven Watson Table of Contents Introduction2 What is Serving It Right?2 Public Sector Administration of Serving It Right3 Public Sector Employees versus Private Sector Employees4 Monetary Wages and Benefits4 Private Sector Administration6 Risks6 Benefits6 Jobs8 Conclusion8 Bibliography9 Introduction The question is not why the public sector can't continue to administer the SIR program, it is how the private sector can do it better. The public sector ... Show more content on Helpwriting.net ... It doesn't help that departments and agencies turn over more frequently, causing unnecessary starts and stops in the progress of specific areas. As well, the public sector holds flexibility in decision making, and the way to use the public's money efficiently (Mares, 2013). Although the SIR program is important to the safety of the public, it does not seem important enough to use taxpayers' money in order to fund it. Yes, many people have to take this program in order to be qualified for a job, event or special occasion, but what about the people that are not in one of these situations? Why do they need to pay out of their pocket so that the public sector can continue to administer? We as a province, should make a change, and hand the SIR program and it's duties over to the private sector. Public Sector Employees versus Private Sector Employees A recent study by Fraser Institute, reveals some critical issues in relation to the benefits that a public sector employee gets over that of a private sector employee. The BC public sector earns more than the private sector, which would be
  • 31. expected. However, how much more they make, is where the issue arises. Monetary Wages and Benefits In 2013, government workers were paid 6.7% more and 3.6% more than unionized private workers. Not only do these workers receive better wages, but also get better non–wage benefits ... Get more on HelpWriting.net ...
  • 32. Difference Between Corporate Governance And The Uk Public... Critically analysis the key differences and similarities between corporate governance in the uk public and private sectors. Corporate Governance and laws or regulations related to it affect both the private and the public sector in the UK. There are key differences and similarities in their corporate governance practice and can affect how businesses run under governance codes which they must follow. The UK corporate governance code affects the private sector and focuses on Leadership, Effectiveness, Accountability, Remuneration, Relations with shareholders. The public sector has Accounts and Audit Regulations among others to follow which has its own rules and regulations which are legally required. Corporate governance in itself has no single definition but common principles which it should follow. For example in 1994 the most agreed term for corporate governance was "the process of supervision and control intended to ensure that the company's management acts in accordance with the interest of shareholders" (Parkinson, 1994)1. Corporate governance code is not a direct set of rules but a self–regulated framework which businesses choose to follow. This code has continued to change in the past 20 years in accordance with what is happening in the business world. For example the Enron scandal caused reform in corporate governance with the Higgs Report which corrected the issues which were necessary. Although it does not quickly fix problems, it gives a better framework to ... Get more on HelpWriting.net ...
  • 33. Case Study Of The Not-For-Profit Organization This chapter deals with the case study of the target organization with a lot of history and reputation spanning three decades. As a player in the not–for–profit–organisation (NFPO) ecosystem, XXXY has made a reputation in the field of original economic research in all–encompassing policy oriented research undertakings. It was a trail–blazing undertaking to conduct the business of informing both the government, the public as well as the industry or loosely, the private sector, prognoses on current and topical economic issues with an extensive analyses of statistical databases. The case study has the following sub–headings: Introduction and NFPO's vison & mission Strategic intent Three distinct trail–brazing milestones Headwinds and challenges Organization design development dimension Strategic management The first clarion call The second clarion call The penultimate wake–up call Watershed decisions in 2015 INTRODUCTION AND NFPO'S VISION AND MISSION The NFPO undertakes independent and high quality problem–oriented research on economic, financial and ... Show more content on Helpwriting.net ... In most cases spanning the first three decades the situation is far from satisfactory. The NFPO adopts a flat organisation hieirachy. At the apex is the sole decision making authority vested in a Board of Trustees. The Executive Director is the chief executive officer, supported by a team of full time researchers. The oversight responsibility over the NFPO's research program is vested in an Advisory Panel. The organisation design for the NFPO is sound as it caters for the need for a close team working almost akin to a collegiate setting. The business model is fractured as it relies almost entirely on in–house research. However when there are imbalances between funding operating expenditures versus research expenditures and the consideration of cash flow the challenges surface to the
  • 34. ... Get more on HelpWriting.net ...
  • 35. Business Environment MODULE –3 Business Around Us Notes 3 BUSINESS ENVIRONMENT nderstanding the environment within which the business has to operate is very important for running a business unit successfully at any place. Because, the environmental factors influence almost every aspect of business, be it its nature, its location, the prices of products, the distribution system, or the personnel policies. Hence it is important to learn about the various components of the business environment, which consists of the economic aspect, the socio–cultural aspects, the political framework, the legal aspects and the technological aspects etc. In this chapter, we shall learn about the concept of business environment, its nature and significance and the various ... Show more content on Helpwriting.net ... It is very difficult to predict the exact nature of future happenings and the changes in economic and social environment. . (e) Business Environment differs from place to place, region to region and country to country. Political conditions in India differ from those in Pakistan. Taste and values cherished by people in India and China vary considerably. Notes 3.1.2 IMPORTANCE OF BUSINESS ENVIRONMENT There is a close and continuous interaction between the business and its environment. This interaction helps in strengthening the business firm and using its resources more effectively. As stated above, the business environment is multifaceted, complex, and dynamic in nature and has a far–reaching impact on the survival and growth of the business. To be more specific, proper understanding of the social, political, legal and economic environment helps the business in the following ways: (a) Determining Opportunities and Threats: The interaction between the business and its environment would identify opportunities for and threats to the business. It helps the business enterprises for meeting the challenges successfully. (b) Giving Direction for Growth: The interaction with the environment leads to opening up new frontiers of growth for the business firms. It enables the business to identify the areas for growth and expansion of their activities. (c) Continuous Learning: Environmental analysis makes the task of managers easier in dealing with business
  • 36. ... Get more on HelpWriting.net ...
  • 37. Private Sectors And A Public Sector Two private sectors and a public sector were selected for collecting data for this entire study. In those the first stage data were collected in the form of participant observation ,which carried out from Medical trust hospital (private sector), Kochi and Medical college hospital (public sector, Thiruvanathapuram. In the second stage, the participants were recruited for semi–structured interviews from Cosmopolitan Hospital (private sector), Thiruvanathapuram and Medical college hospital; the same hospital from which the data collected in the first stage (Medical college Hospital). By selecting the two different sectors (public and private) provide an opportunity to observe the interaction between patients from different social status ... Show more content on Helpwriting.net ... The department official opening time from Monday to Saturday from 8:30 AM to 2:30 PM. 2)Medical trust Hospital(MTH) The MTH is a 750 bed multi–speciality private hospital situated at Kochi since 1973. Kochi is one of the five largest cities in south India. Kochi is situated on the coast of the Arabian Sea and it is known as 'the queen of Arabian see'. It is one of the most densely populated cities in south India. It has physiotherapy department, started in the year 2005. A total number of 12 physiotherapist working in that department for treating both inpatient and outpatient. The out patient department is situated at the ground floor of the hospital. It has a waiting area, near to waiting area private cabin of head of the department consultation cabin and an open area for exercise. Mainly three physiotherapist, including department head, one senior therapist and one junior therapist; and two internship students were handling the patient came to the outpatient department of MTH. However, the other inpatient physiotherapist were also allocated to outpatient department to help in busy situations. In addition to that when the outpatient physiotherapist went for break, the inpatient physiotherapist will allocate temporarily to handle the out patients. Majority of the patient attend the physiotherapy outpatient department were referred by the specialised doctors (orthopaedic, neurology ... Get more on HelpWriting.net ...
  • 38. Different Types Of Organizations, Public, Private And... P1: Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures. What is an organization? An organization is a group of people, such as a foundation or an academy that worked together to accomplish multiple goals and is associated to an external environment. There are different types of organization, some organization formed to earn income for its owners but some other organization which called non–profits are worked for public purposes. There are 3 main types of business organization Such as: Public Sector Organizations: Private Sector Organizations: Voluntary Sector Organizations: Public Sector Organizations: Public Sector Organizations is operated and owned by the Government for the people of the state. Source of funding for this sector usually raised through public taxes, fee and through financial transfer from central government to local government. Example of public sectors organizations are: NHS (National Health Service), DfT (Department for Transport), HM Revenue & Customs (HMRC) Private Sector Organizations: Private Sector Organizations operated and owned by the private individual instead of government and usually aimed to make profit for its shareholders. Around the world the most business activities are in private sectors. Some of the well – known private sectors organizations are: Coca–Cola, Google, and Amazon. Voluntary Sector Organizations: Voluntary Sector Organizations are not owned or ... Get more on HelpWriting.net ...
  • 39. What Is The Difference Between The Public Sector And... Introduction Job refers to a group of a mixer of tasks related to similarity of function. Employs performed their job in exchange of salary. Job can define as duties, responsibility and given tasks which can accomplished by rated, qualitative work . Individuals can be indentify by their job which position they are holding. People actually doing job for many reason but main reason of doing job financial factors like salary, pension, job security and other benefit etc. There are many ways to differentiate job. One way is government sector job and other is private sector job. The public sector is the part of government. The composition of the public sector varies by country, but in most countries the public sector includes such services as the military, police, infrastructure (public roads, bridges, tunnels, water supply, sewers, electrical grids, telecommunications. The public sector might provide services that a non–payer cannot be excluded from (such as street lighting), services which benefit all of society rather than just the individual who uses the service. (wikipedia, Public sector, 2017) Businesses and organizations that are not part of the public sector are part of the private sector. The private sector is composed of the business sector, which is intended to earn a profit for the owners of the enterprise, and the voluntary sector, which includes charitable organizations. (wikipedia, Private sector, 2017) The Private Sector ... Get more on HelpWriting.net ...
  • 40. Public And Private Sector Accounting Introduction The major debate in accounting is about the appropriateness of adopting the private–sector accounting standards and practices to the public sector. Some researches support there is no distinction between the public and the private sector. For example, McGregor (1999) thought these two sectors are primarily similar in physical characteristics of assets. However, the against side believes that in some public activities, the application of accounting standards for public sector entities is inconsistent with the business sectors (Guthrie, 1998; Barton, 1999). This report concerns on evaluating three major issues between public and private sectors accounting: 1) a sector–neutral approach chosen by accounting regulators; 2) the impact of applying a sector–neutral approach to public–sector accounting; 3) the adequate information generated by current approach meet the different information needs of users from public and private sectors. After the Introduction, I will analysis these three issues by providing critiques and literature reviews on different opinions in following section and give a conclusion. Literature review and Evaluation The public sector is one of the most important sectors of any countries. The public sector entities offer services, goods or programs to public for non–profit purpose. However, the private sector is mainly composed by for–profit entities. In this report, I will regard the public sector entities as government or government–controlled ... Get more on HelpWriting.net ...
  • 41. The Sugar Industry In India Chapter 1 INTRODUCTION INTRODUCTION: India has been known as the original home of sugarcane and sugar. Indians knew the art of making sugar since the fourth century. However the advent of modern sugar industry in India dates back to mid 1930's when a few vacuum pan units were established in the sub–tropical belts of Uttar Pradesh and Bihar. Until the mid 50s, the sugar industry was almost wholly confined to the states of Uttar Pradesh and Bihar. After late fifties or early sixties the industry dispersed into Southern India, Western India and other parts of Northern India. India is the largest consumer and second largest producer of sugar in the world. The sufficient and well distributed monsoon rains, rapid population growth and substantial increases in sugar production capacity have combined to make India the largest consumer and second largest producer of sugar in the world. ... Show more content on Helpwriting.net ... With over 450 sugar factories located throughout the country, the sugar industry is amongst the largest agro processing industries, with an annual turnover of Rs150bn. It plays a major role in rural development and its importance for India stretches far beyond the role of a sweetener supplier. The sugar factories located in various parts of the country work as nuclei for development of rural areas by mobilizing rural resources and generating employment, transport and communication facilities. Over 45mn farmers, their dependants and a large mass of agricultural labor are involved in sugarcane cultivation, harvesting and ancillary activities constituting 7.5% of the rural population. The sugar industry employs over 0.5mn skilled and unskilled workmen, mostly from the rural ... Get more on HelpWriting.net ...
  • 42. The Welfare Reforms Of The New Labour Government Literature Review Following the welfare reforms that were introduced by the New Labour Government in 1997, the coalition Government has developed, extended and continued welfare–to–work programmes (Deacon and Patrick, 2012). The Government's 'rehabilitation revolution' saw policies designed to reduce reoffending, and as a consequence resettlement initiatives emerged with welfare–to–work programmes (Ministry of Justice, 2010). Since the implementation of the 'Work Programme' in 2011, welfare provision has seen a high influx of ex–offenders and Multi–Agency Public Protection Arrangement (MAPPA) participants referred to programmes (Gov.UK, 2016). The main provider in Wales has delivered learning and development provision to approximately 24,000 ex–offenders (Working Links, 2013). The ultimate aim of the provider is to ensure participants secure sustainable employment. Accordingly, front–line staff have undergone specialist training to deal with 'risk' and mentor clients with complex and multiple needs. However, there is a dearth of research focusing on this contemporary phenomena. Considering the pivotal role employment schemes play in rehabilitating offenders, it is of paramount importance to determine whether or not the Governments confidence in employability schemes is justified. To fully appreciate the effects that employment schemes have on the rehabilitation of ex–offenders, we must examine the different methodologies that have been utilised to investigate this branch of ... Get more on HelpWriting.net ...
  • 43. Difference Between Private And Private Sector Introduction : The most basic distinction between public and private organizations is that the political community own public agencies whereas ownership of private organizations belongs to entrepreneurs or shareholders. However, there are many other differences between public and private organizations. The funding for public agencies derives mostly from taxation, which contrasts with private agencies receiving funds predominately from consumers in the form of fees. In the public sector, organizations are largely controlled by political forces, which also results in the imposition of constraints by the political system. Subjection to constraint results in frequent changes in policies within public organizations. The owners and shareholders of private organizations have a direct incentive to monitor the behaviour of managers to promote better performance and financial gain. Summary The development of the private sector and its expansion in all spheres of society increasingly emphasizes the attempts to alleviate the differences between the public sector and the private sector. The collaboration of these two areas demonstrates their interdependence and their role in the overall functioning of the national economy and of society as a whole. The widespread use of private sector methods and theories on organizing the management process points to the fact that private sector ideas can be transferred and can be used in the field of civil service. It is believed that through ... Get more on HelpWriting.net ...
  • 44. Comparative Study On Efficiency Of Public And Private... Comparative Study on Efficiency of Public and Private Sector banks in Peshawar: A Case Study of ABL and NBP Abstract This paper investigates the efficiency of public and private sector banks in Peshawar. For this purpose, we have taken the secondary data from income statement, balance sheet and other financial reports of banks for the year for the year 2010, 2011 and 2012.We have used ratio analysis technique on financial statements of the two banks to find out the efficiency that which sector banks is more efficient. Both banks are considered very big and important financial institution for providing services to government employee and general publics. The all ratios result reveals that ABL is more efficient than the NBP and on the basis of these findings it accepts the hypothesis that "The private sector banks are more efficient than public sector banks in Peshawar" and reject the hypothesis "The public sector banks are more efficient than private sector banks in Peshawar". we realize in this study that the private sector banks in Peshawar have better management and control over it as compare to public sectors bank. we suggest that Investors should invest in private sector banks rather t public sector banks in Peshawar and Recommended some good suggestions for the betterment of Public sectors banks. Key words: Public and Private sectors Banks, Efficiency, Ration Analysis, ABL, NBP Introduction The word finance can be as a proxy of money, but in a real world ... Get more on HelpWriting.net ...
  • 45. The Appropriateness Of Public Private Partnership The Appropriateness of Public–Private Partnership in Economically Affordable Housing in the Context of China 1Introduction In recent decades, the rapid urbanisation in China has led to the fast economic growth alone with many social issues, especially housing problem. The Chinese government tried to build public housing to ease this situation. However, the lack of incentives and benefits in local government often obstruct the public housing projects from implementing. Thus, the increasing urbanisation, with most jobs concentrated in large cities, made the housing issue acute in major metropolitan areas. For example, the demand for public housing exceeds supply by approximately 2.6%, 4.2%, and 5.1% per year in Beijing, Shanghai, and Shenzhen, respectively (Zheng, 2012). The public housing problems not only lie in the quantity but also quality. The public housing provided by the local governments are questioned at different levels. Under the circumstances, the Chinese public sector could benefit from involving the private sector into the development of public housing. So the existing public housing problem maybe relief by implementing the Public–Private Partnership (PPP) model, which could help the Chinese government control the urgent situation and develop PPP housing in this complex political, legal, and financial environment (Huang and Tao, 2014). In the following sections, affordable housing in China and the necessity and feasibility of PPP in affordable housing in China ... Get more on HelpWriting.net ...
  • 46. Advantages And Disadvantages Of French Connection FCUK FRENCH CONNECTION French connection (also branded as FCUK) is a UK– based global retailer and wholesaler of fashion clothing, accessories and home ware. It was founded in the early 1970s by Stephen a mark, who remains the chief executive; it is based in London and its parent French Connection PLC is listed on the London stock exchange. French Connection distributes its clothing and accessories through its own stores in the UK, US and Canada and through franchise and wholesale arrangements globally. The company became notorious for the use of the "FCUK" initialise in its advertising campaigns in the early 2000s. Marks introduced the French connection label in 1972 and four years later showed its first menswear collection Source:'FCUK', ... Show more content on Helpwriting.net ... The advantages and disadvantages of a government company is stated below The advantages are пѓ It provides a strong competition for the private sector companies пѓ Most of the governments companies run on sound business as they as they have their surpluses to their projects. пѓ The formation of government companies is very easy because it is formed like other joint stock companies And the disadvantages are:– пѓ Government companies are independence in theory, but in practice it is not independence because political groups obstruct in the day–to–day operation of the companies. Since these are dependent on the government for taking important policy decisions пѓ As many of the government companies take the support of civil servants, they cannot exercise better for the efficiency of the organization because they are not technical persons. пѓ Nearly every one of the government companies experience softness in management under the take hold of public services. These are not treated as efficient as private units because of this state of relationships found. Government departments пѓ Departments are under control of any politician in charge or by any higher
  • 47. ... Get more on HelpWriting.net ...
  • 48. Construction Of Construction And Built Environment Sector In this assignment I will be looking at the structure and activates of the construction and built environment sector. These particular roles all play a massive part into the construction and maintenance of a building. Such as house Building which may be funded by a government grant, a private investor or a mixture of both. Schools & Hospitals are mainly funded by government or a PFI contract. Industrial & Commercial Accommodation may be funded by private company for their own use or letting them out to other companies. Utilities may be funded by the local councils with a combination from the government to supply the houses and building with adequate means of water and gas and sewers along with civil engineers to construct road and access to buildings. Reclamation may be funded by a private investor to develop land for means of building on. This may also incorporate the demolition of building and areas of land which could be make way for new developments. Building Maintenance & Facilities Management can be controlled by a private company working for a government origination. These jobs will require trades such as structural engineers who work on houses, hospitals, bridges and office blocks. Working closely with the architects 'Structural engineers have to choose appropriate materials, such as concrete, steel, timber and masonry, to meet design specifications' (Prospects.ac.uk, 2015). Architects job would be to design new building or drawings for restoration projects ... Get more on HelpWriting.net ...
  • 49. Differences Between Public and Private Sectors Essay The Differences between Public Sector and Private Sector [pic] by Robyn Z. Abdusamad Dr. Deborah LeBlanc PAD 620– Research Paper August 23, 2010 The Differences between Public Sector and Private Sector SUMMARY When we examine public sector versus private sector, plenty of differences come to mind. In defining each, we learn a private sector in an economy consist of all businesses and firms owned by ordinary members of the general public. It also consists of all the private households in which people live. The public sector in an economy is owned and controlled by a government. It consist of government businesses and firms and goods and services provided by the government such as the national health service, state ... Show more content on Helpwriting.net ... On the other hand, government organizations that are funded through market sales or user charges often have concomitantly greater autonomy from governmental controls." Majority of public sectors are managed under a bigger chain of command and control, while private sectors mostly operate in a corporate setting. As for the differences with their policy decisions, the activities in the public sector have a goal of adhering to what is indicated by law, while the private sector is driven by the rules of shareholders and corporate owners. Schmidt (2008) states, "The research agenda of companies is more focused and targeted and therefore perceived as easier to handle for managers. Also, the decision–making process is different. Managers of private enterprises can
  • 50. faster and easier change orientation, focus and targets. This implies, according to some managers, that the instrumentation used in the private sector is different from the one used within public research." [pic][pic]Finally, the beneficiary of the services provided by the public sector, is the general public. These goods and services are sometimes provided free and in other cases consumers have to pay a price. The goal ... Get more on HelpWriting.net ...
  • 51. Explain The 4 P's Of Marketing Marketing Marketing is the process where goods and services move from concept to the customer. It includes the coordination of four elements called the 4 P 's of marketing. These 4 P's include product, price, place and promotion. Marketing Objectives Marketing objectives are the group of targets set by a business when promoting its products/services to potential customer that should be achieved within a given amount of time. A company 'smarketing objectives for a particular product might include increasing product awareness among targeted consumers, providing information about product features, and reducing consumer resistance to buying the product. The Marketing Concept This is the philosophy that firms should analyse the needs of their ... Show more content on Helpwriting.net ... However, these managers are sometimes caught up in a love affair with their product and do not realize what the market needs. The Selling Concept is another common business orientation. It holds that consumers and businesses will ordinarily not buy enough of the selling company's products if they are left alone. The organization must, therefore, undertake an aggressive selling and promotion effort. This concept assumes that consumers typically show buying resistance and must be persuaded into buying. It also believes that the company has a lot of ways for effective selling and promotional tools to increase sales. Most firms practice the selling concept when they have overcapacity. The Marketing Concept. This is a business philosophy that challenges all of the other business concepts. It says that its organizational aims consists of the company being more effective than their competitors in creating, delivering, and communicating customer value to its target customers. Business Objectives Business is an organization or economic system where goods and services are exchanged for one another or for money. Every business requires a certain form of investment and enough customers to whom its output can be sold on a consistent basis in to make a profit. A specific result that a business aims to achieve within a time frame and with available resources. The business objectives set by these companies should be 'SMART', this stands for: Specific ... Get more on HelpWriting.net ...