Company law 2006 - An analysis Essay Example | Topics and Well Written Essays - 3000 words

Company law 2006 - An analysis - Essay ExampleBy eliminating the loss in the advantage & loss floor through decrease of sh be detonator, company can declare dividends. Even when a company is trading profitably, the accumulated loss in its profit & loss account obstruct a companys ability to declare dividends. A public companys Articles of Association should obligate a provision for the reduction of share nifty prior to seeking consent from shareholders for a reduction of capital. In case, if the Articles of Association of a company does non contain a restriction for the reduction of capital, then(prenominal) it may be altered by passing a special resolution in the fellow members meeting. Under the CA 2006, a measure of creditors protection is offered by the express pauperization that the solvency statement should cover all the details of liabilities of the company. In opposition to the court sanctioned procedures, the creditors do not have any privilege to object to a dimin ution of share capital. The statement of solvency should take into account all the contingency and prospective liabilities. If the company is having a shareholders obligation or availed desire finance, then consent from these stakeholders is necessary for reduction in share capital. ... n if it involves either the payment of pay capital to any shareholder or a diminution of shareholder liability as regards to due capital unless the court deems that creditor should not be able to check or should be capable to oppose in a wider ambit as per section 645. In Russell v Northern Bank ontogeny Corporation Ltd4 , it was held by the House of Lords that a company will be binding by an agreement by members that they will not encourage a shareholders resolution to transform its capital whereas it may not be binding itself, not to employ its authority bestowed on it by statue to vary its share capital. In British and American Trustee and Finance Corpn Ltd v Couper, the court was of the op inion that in case of reduction of capital, if objection is raised, the court will consider whether correct procedure was followed, whether creditors interests are not impacted and whether the scheme is equitable and fair between the parties footing upon the background of each cases5. The same berth was also affirmed in the case Prudential Assurance Co Ltd v Chatterley Whitfield Collieries Ltd6. In Re Saltdean Estate Co Ltd7 , it was held that if precedence is offered to the various classes as per the terms of issue, no separate class meetings are to be held to approve a reduction of capital. In the above, there was an opposition for a reduction of capital which was to be enforced by repaying the preferred shares. The reduction of preferred shares was approved by the court and it was opined by the court, that no variation of rights of preferred shareholders was there and there is no necessity to get the approval by a separate class meeting. The above view was also confirmed in Hous e of Fraser Plc v ACGE Investments Ltd8. However, if the Articles of Association of the

Performance Criteria Identified By Hillgren And Morse Essay

Performance Criteria set By Hillgren And international international Morse code code - Essay ExampleHillgren and Morse (1998) established that similarities exist among spicy performing organizations. Their heap of such organizations is based on financial accomplishments, employee motivation as well as service tar and customer satisfaction. This paper critically comp ars the performance of Abercrombie and polecat against the four performance criteria identified by Hillgren and Morse (1998). The multinational company deals with designer clothes. The paper highlights some practical examples related to the concepts, ideas and insights from their article titled high performing organizations. High Performing Organizations Direction is one of the basic elements identified by Hillgren and Morse (1998). leaders need to ensure that the subordinates understand the organizations principles. These are fundamental to its existence. The sightary leadership of Abercrombie and Fitch promotes a sense of purpose in the organization. The leaders understand the companys vision and move over their skills to entrench creativity among the workers. Sensitization of employees regarding the achievement of the organizations vision and core values is do regularly through staff meetings and weekly forums, which ensures that all team players in the various departments understand their roles in enhancing success. The sensitization approach corresponds to Hillgren and Morses assertion of a clearly articulated and frequently communicated vision (p 9), which is significant for high performing organizations. Behaviourization of values as proposed by Hillgren and Morse gives Abercrombie and Fitch a whimsical characteristic that enhances customer satisfaction. One of the core values is to ensure customer focused service lecture that is based on their needs rather than the companys interests. Workplace diversity promotes strong social relationships among the staff, which helps in building talents and encouraging creativity. Exceptional contribution among staff is acknowledged and rewarded. The leaders act as role models of the organizational behaviour. Integrity is upheld and words correspond to the actions of staff members. The value metrics highlighted by Hillgren and Morse have been adopted by Abercrombie and Fitch. They help in establishing the level of customer satisfaction, which signifies the level of collaboration among staff. nurse metrics are also significant in determining whether the organizational values have been upheld in service delivery to customers. Bhatt (2002) observed that anything that gets measured gets done (p 28). Abercrombie and Fitchs value metrics are focused on the precedence areas that are likely to be affected by the dynamics of the direct environment. For example, customers feedback offers a basis for the assessment of the level of satisfaction. After interacting with the companys employees, the customers are given a chance to conf identially rate and comment the quality of service offered to them. The management is able to determine the areas that fill improvements as well as those that require reinforcement through assessing positive and negative feedbacks from consumers. The suggestion corner also provides an opportunity to assess the organizations leadership as well as the priority areas that need further consideration. Performance measurement is significant in assessing progress and planning for future improvements (Edwards et al. 2007). It helps in determining staff awareness regarding the direction of the organization. Abercrombie and F

Logical Reasoning Math Problem Example | Topics and Well Written Essays - 1250 words

analytical Reasoning - Math Problem ExampleEuler circles otherwise known as Euler diagrams are graphical representations of pellucid statements. Each set in this diagram is represented as a circle or unappealing curve. Intersections between sets are shown as parti completelyy overlapping circles. On the other hand, the equivalence of two sets is precondition by a complete overlap of the circles. utilise this approach, the family relationship of sets becomes clear. It is then easy to determine the rigourousness of a conclusion based on the diagram.For the first statement it is clear from the diagram that given the premise, in that respect is no established relation between B and C. Likewise, the atomic number 42 statement also establishes no relationship between the two. Therefore, twain statements are invalid.In contrast, truth tables are textual representations of the logic statement. Unlike a pure logic statement, the truth table presents all possible combinations of the input set and determines the conclusion from each(prenominal) combination. While not as intuitive as Euler circles, this approach provides a more exhaustive popular opinion of a logical statement. The respective truth tables for the above logical statements followIn the first table, when all the premises are satisfied, there is definitely no way wherein the conclusion is satisfied. This statement is therefore invalid. For the second statement, most cases satisfy the statement except for one. However, since the conclusion is an implication, then the presence of this single case invalidates the statement. endingFrom the given examples, it is clear that the use of alternative representations of logical statements aid in logical reasoning. In fact, both Euler circles and truth tables were consistent in invalidating the logic for both examples.Question 1Let Equations firmnessModify eqn 1 Substitute to eqn 2 finale UniquePhil has 10 $0.37 stamps.Question 2Solution Using the Venn Diagra mExactly 2 writing instruments polish 15 backpacks contain exactly two of the threesome writing instruments.Question 3Question 4SolutionConclusion The car got 54.4 miles per gallon.Question 5Question 6BiconditionalQuestion 72.8700Question 8Question 9SolutionConclusion cups of flour should be used.Question 10SolutionDuring peak hours During off-peak hours Conclusion $1.76 can be saved by making 16-minute calls during off-peak hours.Question 11SolutionUsing the Law of Contraposition Using De Morgans Law Conclusion They are logically equivalent.Question 12Solution truth tablepqqpq straightTRUE ridiculousFALSETRUEFALSETRUETRUEFALSETRUEFALSEFALSEFALSEFALSETRUEFALSEConclusion There is only 1 T in the final columb.Question 13Question 14Question 15ValidQuestion 16Question 17Question 18InvalidQuestion 19Solution1 3 7 13 15 19 25 27 31 37 ---Diff 2 4 6 2 4 6

Integrated Marketing Strategy Essay Example | Topics and Well Written Essays - 3500 words

Integrated Marketing Strategy - Essay Example in the end in the conclusion we will think a look at the suggested dodging that Apple should maneuver to overcome its deficiency. Main Body Here we will take a look at tot all toldy the Marketing Mix of Apple iPad and consequently whether the strategies followed by Apple with respect to the four Ps atomic number 18 effective or not. Price Apple has always practised a marketing strategy where it wants their crossways to eat a mass appeal. It wants to gather the business customers and the entrainment customers both for their product. Price is perhaps the most important grammatical constituent among the four Ps of marketing. It is important form the point of view of revenue which the company earns. We need to fancy that as a product moves along its product life cycle the pricing strategy adoptive by the company usually changes. Of the many strategies which a company can adopt, price bound offming is sensation of them. Here the in itial price of the product is set high to targeted creamy segment of the market to skim revenues from the market layer-by-layer. Apple gas used this strategy of pricing for its iPad product. The process of Price skimming involves charging relatively high price for the product for a short period of time when a bleak, innovative product or new improved version of it is launched in the market. The main objective of the price skimming strategy is to skim off the customers who are willing to pay more for owning a product sooner than the others (Huimin, and Hernandez, 2011, p. 390). afterwards when the demand falls a little then the prices are lowered and the late adopters then submit the product. Figure 1 Product Life cycle. Generic Graphic The success of this pricing strategy is dependant on the inelasticity of demand for the product by the market segment or by the market as a whole. Such... This report stresses that due to brand loyalty which Apple had acquired over the years, the company has been able to take advantage of the market opportunities and adapt to the environmental threats. Apple is successful on two of the marketing commixture i.e. price, product. Apple still has to work on its other two marketing mix which are promotion and distribution.This paper makes a conclusion that people are more interested in things which really matters to them. This path that Apple should target the audiences based on their specific needs. Apple shouldnt create a one-size fits all app. It is just filled with loads of irrelevant content. Instead Apple should plan to segment on the al-Qaida of their needs, interest and wants. Apple invests in the right user experience. It is of no use to create fantastic content, if the users project bad application experience. The author of the paper talks that With the launch of iPad on 2010, the company do use of good use of its core competency i.e. innovation. They have been able to turn ordinary into something beautiful. PC f ans treasured something which is as powerful as a PC but portable. Apple understood the need and created iPad with new features to meet their increasing demand. They can offer accessories along with iPad like adapters, chargers, cables, cases etc. Apple have made iPad a household name so that they everyone knows about the product. On an overall basis Apple has achieved a successful integrated marketing strategy with still rooms for improvement as discussed above.

What aids are available to the courts when concerned with Essay

What aid are available to the courts when concerned with exposition of legislative act - Essay ExampleAn intrinsic analysis of a regulation and the statutory context that surrounds it is based upon the construction of statute bearing in mind the terminology apply, as also the level of harmony of the statutory element in the content of the body of right of which it forms a part1. Therefore, the content of the statute will be considered in relation to other enacting words used in the statute, which will serve to indicate the purpose of the legislation in question, so that if interpretation of mavin section appears absurd in connection with other sections, it will non hold good.This is referred to as the chance of noscitur a sociis, according to which the words that make up a statute are to be taken in the light of the context within which they appear, or where the meaning of the words will be cognize by its associated words2. For example, according to Stamp J, English words derive color from those which surround them. Sentences are not mere collections of words to be taken let out of the clip, defined separately.3 A sentence from a statute cannot be interpreted in isolation, but must be interpreted pickings into account the general context or the Ejusdem Generis material belonging to the same genus.4Such an intrinsic interpretation of a statute was taken up in the case of People (Attorney general) v Kennedy.5 In this instance, the statute that required interpretation was Section 79 of the Courts of Justice Act of 1924. This provision allowed for a right to petition without spelling out any specific limitations on who could actually bring such an appeal. Therefore, taken out of context and interpreted independently, this would have implied that a range of persons could bring an appeal. But by interpreting the statute in the light of its associated words and the general context of the Act, the Court held that there was an inherent limitation in Secti on 79, limiting the appeal to the accused person only. In this case, Black J stated that A

Calmodulin Article Example | Topics and Well Written Essays - 250 words

Calmodulin - Article ExampleCalmodulin possesses a very important function of stimulating the functioning of different enzymes as well as the mediation of ion channels. The activity of calmodulin is only brought about by the attachment of four calcium ions. This attachment brings about a change in the structure of calmodulin and makes it capable of performing its functions. The withdrawal of calcium ions from calmodulin restores it to its inactive state. The different enzymes that run short after being activated by calmodulin include adenylyl cyclase, calcium magnesium ATPase, nitric oxide synthase, phosphorylase kinase, calcium dependent protein kinases and calcium phospholipid dependent protein kinase. It also possesses the function of acting on certain receptors like NMDA-type glutamate receptor as well as on ion movement pathways which include L-type calcium channels. Calmodulin also has an effect on early(a) cellular mechanisms. The contractility of smooth muscle is one such function. In cells that are non-contracting, calmodulin has an effect on the motile activity of the cells and separate processes like mitosis. The wide ranges of functions that can be performed by calmodulin clearly explain the grandeur of this protein in the living organisms. Its malfunctioning can result in hampering the activity of many enzymes, ion pathways and affect other regulatory processes (Champe et al 2005 Murray et al

2-1-3 Essay Example | Topics and Well Written Essays - 500 words - 1

2-1-3 - Essay Exampleheightened awareness of environmental problems such as climate change and the extreme dependence on economically treacherous sum of fogy fuels and their dwindle down reserves.The European Union (EU) has been at the forefront of attempting to gradually adapt the concept of environmental sustainability. EUs current target is to be able to supply 20% of its vital force requirements through renewable button by 2020 (European Commission 2010). EUs gradual adoption of renewable energy as a significant resource as part of its total energy supply is an attempt to secure a long term supply of energy for its residents while at the same time reducing the prejudicial effects of energy use on the environment by reducing the use of fossil fuels. fossil fuels are the primary cause of greenhouse emissions. Not only that, there is a finite supply of fossil fuels reserves which are being consumed at an accelerating rate. The fact that fossil fuels are the primary energy resou rce and provide the feedstock for almost all of the manufacturing industry at some stage of production calls for a need for the conservation of these resources and the search for alternates. The environmentally sustainable nature of renewable energy is inherently more than economically stable and therefore will remain more affordable in the future compared to the unreliable and volatile fossil fuel market.One of the renewable energy initiatives the EU is promoting is the use of biofuels. A biofuel is whatever fuel that is obtained from a renewable biological resource, such as wood or as in the case of EUs new and largest biofuel refinery situated in Britain, wheat. The biofuel energy model works on the principal that plants not only provide a renewable source of fuel compared to finite fossil fuel reserves, they also fit into the current carbon cycle and provide us with fuel by using carbon dioxide already present in the atmosphere instead of introducing more carbon by releasing i t from fossil fuels. Other