Essay about Economics and Essential Work Equipment

CHAPTER 1 a. Short-term financial stress vs long-term increased potential productivity b. Risk of textbook needing replacement anyway and increased time spent using it if it is worn/hard to read/must be treated carefully vs price 1a. Essential work equipment (also company vehicle, so may/may not have increased mobility leading to reduced transport costs and better access to better/cheaper services); also maintenance b. As above, except it might be more peripheral as people wont decide whether to use the company based on what kind/condition it is in; also wont need maintenance c. Service that will insure against potential losses (if the counsel prevents you doing something illegal) /provide an income stream (if s/he†¦show more content†¦Labor specialization is one of the key features of modern economic systems, enabling factories and other business operations to produce goods on a global scale and to increase productivity. 8. My future plan is to do Marketing for a big record label and own a business of some sort as well. I defiantly think that learning and knowing economics for any sort of future is good to have. Economics helps us gain wealth and trade. Economics determines prices on things and anyone with any goal will be able to relate to this. Economics is the study of our market system; its the study of how people make choices about what they buy, what they produce, and how our market system works. This is important for anyone to know and will always benefit you having a business or working for a business to know the economy and where everything is going. 9. At the moment I think everyone can relate is scarcity in money because of the economy and trying to be a fulltime student with a full time job is very difficult to carry these days but I do. 10. WEB Question. What Can I Do with an Economics Degree? With an Economics degree you are highly desirable, to companies that deal in finance, banking, data analysis, business, and trending. a) According to theShow MoreRelatedHow Technology Improves The Overall Clinical And Operational Expenses For Healthcare1308 Words   |  6 Pagespurchase or lease innovative medical equipment that reduces procedure times, and provide efficient and accurate outcomes while generating capital is a benefit. Preventative care is an essential element that is included under the Affordable Care Act (ACA) that includes health services for screenings, check-ups, and patients use these services to prevent illnesses, disease, and other health problems, or to detect illness at an early stage when treatment is likely to work best. Getting recommended preventiveRead MoreVenture Screening989 Words   |  4 Pageshave light weight compact exercising equipment that can be move from place to place without taking up too much space or being to heavy to carry. 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Hurricane Devastation Of Hurricane Katrina Essay - 2191 Words

Jordyn Patton Mr. Johnson History 4/28/16 On August 29, 2005, people’s lives were about to change forever. A vicious storm called Hurricane Katrina was about to sweep through the Gulf Coast. Not only was this storm big, but it was the 5th greatest hurricane in the history of the United States, and took millions of people by surprise. This storm ruined people’s homes, and lives in less than 24 hours, and nothing would ever be the same again. It seemed like any normal day for people all over the Gulf Coast, until they get the news of a soon coming hurricane that is ranked at a category 3, but would soon change into a category 5 hurricane called Hurricane Katrina. This storm would ruin homes, kill innocent lives, and leave people struggling to survive for years to come. This storm would change the way people look at storms. There was chaos around the country as people were evacuating and preparing for the storm. People were warned about 2 days before the storm actually hit. 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RFC-case free essay sample

ERP-systems Assignment RFC Case 1 Payment Processing System at RFC The payment processing system at RFC is modeled using Bizagi Software according to the case described in the textbook. Next fgure shows the process model for the payment processing system: the payment processing system of RFC? First of all a re-engineering of the payment processing system is necessary because of the many problems described in the case. The most important principle of business process re-engineering is to eliminate outdated procedures. The major problem here at RFC is that they dont have a central IT-system. The use of a central server to store their data would be a great improvement. Now they have to rip off vouchers in a client file, collect them all and use them to update the outstanding loans file. Every afternoon, these vouchers are bundled to one payment that is deposited. For this deposit, a receipt has to be made and a copy is send by post mail to the head office. We will write a custom essay sample on RFC-case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page A proper IT-system allows e-mail for communication between the ocal and head office, avoiding the risk of a receipt getting lost and speeds up the process a lot. A server would also allow the usage of integrated databases. For example the outstanding loans file is updated in the local office and the head office separately. By saving the file on a server it should be possible that both the local and head office can save and share their information in a central database. Other benefits are that there would be less redundant data, the data will be more consistent, less dependent and integrity of data will improve. By using these integrated databases, parts of the payment process system will be redundant. For example: the mailing by post of receipts and using the receipts to update their outstanding loans file. This also eliminates the risk that a receipt is being send to the wrong local office and this contributes on reducing the workload of administrative employees. Less workload will also make sure the all data will become up to date so that problems with reminders being send to clients that have already paid. Subprocesses like updating the outstanding loans file that happen every evening can also be eliminated by the use of integrated databases. The implementation or a part of an ERP-software can also simplify and speed up the process of payment processing. Subprocesses like bundling payments every evening to deposit can be automated in an ERP-system. This also reduces the workload of employees and reduces the risk of errors being made. In the ERP-software a calculation for early redemptions can be implemented, allowing the managers of the local office to ommunicate the amount directly to clients instead of waiting overnight. This ERP- software allows decisions to be made on the lowest hierarchical level. Also the analysis for arrears can be automated in the ERP-software and allows reminders to be send immediately when passing a specific number of days. Taking into account that RFC wants to expand from 187 to 400 offices and after to 1000, they definitely have to re-engineer their processes to allow best practices and speed up their processes. 3 Re-engineerd payment processing system

Federal Court of Australia Protection Visa

Question: Discuss about the Federal Court of Australia for Protection Visa. Answer: 1. In this question, the effect of the decision given in this case by the Federal Court of Australia has been considered. Before discussing the impact of this decision, the brief facts of this case also needs to be mentioned. In this case, a citizen of Thailand had arrived in Australia on a visitor visa. This person applied unsuccessfully for a protection visa. The case went up to the High Court but the applicant would not be successful. Later on, when the person did not have any outstanding visa, an application was made by this person for partner visa while the person was still onshore. However the department refused the application for partner visa on the grounds that in this case the criteria mentioned in Schedule 3 has not been satisfied. Under these circumstances, the applicant cited several circumstances which according to him, amounted to be compelling reasons for waiving the criteria mentioned in Schedule 3. But it was the opinion of the Department and also of the Tribunal th at the matters on which the applicant had relied upon, were not present when he had made the application for the grant of the partner visa and as a result, these circumstances cannot be considered as the compelling reasons for waiving the criteria mentioned in Schedule 3. The application for judicial review was rejected by the Federal Circuit Court but the finding of the Full Court was that in this case, the Tribunal as well as the Federal Circuit Court had not interpreted the provisions of subclause 820.211(2)(d)(ii) properly. The result was that it was a finding of the Full Court that the Tribunal had committed a jurisdictional error when it interpreted that meaning of the provision mentioned in sub clause 820.211(2)(d)(ii) that the matters that can be considered as the compelling reasons for waiving the criteria mentioned in schedule 3 should be present when the application for partner visa is being made. The law provides in this context that for the purpose of being processed, a successful onshore application requires that the primary applicant should have a substantive visa when the application is being made in order to lodge a valid application for visa. But if this is not the case, the law requires that the criteria that have been mentioned in Schedule 3 of the Migration Regulations should be satisfied by the applicant. In this context, the requirements that have been prescribed by the law require that an application for a new substantive visa should be made by the applicant while he or she has a valid substantive visa. However the requirements that are concerned with the Schedule 3 criteria can be waived, in view of sub-clause 820.211(2)(d)(ii) of the Regulations, if the Department believes that there are compelling reasons due to which the criteria mentioned in schedule 3 should not be applied. In the past, before this decision, generally the Department as well as the Tribunal a dopted a practice that the requirements of the schedule 3 criteria were considered that were present at the time of the making of the application. The effect of this situation was that the circumstances that were mentioned before the Department or the Tribunal as having an effect on the applicant's situation after the application has been made were not considered while evaluating the application. But the situation was change as a result of the decision given in this case. The Full Court stated in this case that the legislation does not impose the temporal limitation on the compelling and the compassionate grounds on which the applicant may rely upon while the department or the Tribunal considers the waiver of schedule 3 criteria. In this way, the Court interpreted the provisions of sub-clause 820.211(2)(d) and stated that the impact of the compelling circumstances can be considered even when the application is being evaluated and not only the circumstances that were present at the time of the application. The result of this interpretation was that the Department and the Tribunal was under an obligation to consider the circumstances that existed when they evaluated the application and not only the circumstances of the applicant that existed when the applicant lodged the application. Dowsett J expressed an opinion that the legislative requirements have not impose a limitation related with the time when the relevant circumstances of the applicant can be evaluated. On the other hand, he expressed the opinion that a decision has been granted to the Minister regarding the waiver power. In this context, it was also mentioned by the Court that the temporal limitation should not be considered as the relevant criterion in itself. Similarly, the opinion of Griffiths J was that the purpose behind the introduction of the waiver power was to do away with the difficulties that were present for the applicants and also to evaluate all the cases individually and keeping in view the personal circumstances of the applicants. Due to the reason that no express provisions exist which place restrictions on the exercise of the compelling circumstances only that were present when the application was made, rejecting the relevant and compelling circumstances of the applicants that existed at the time when the application is being assessed, will not be correct. In this way, it can be said that the implication of the decision given in this case is that the grounds on which the applicants may rely for the waiver of schedule 3 criteria have been significantly expanded. The effect of this situation will be that the chances for the applicants will be increased to remain on-shore while the application is being evaluated. Are the same time, the decision will also have a retrospective effect on the cases that were decided earlier by relying on the compelling circumstances that existed at the time of the application and ignoring the circumstances arising afterwards. Although even now, the relevant cases will still have to be decided on the grounds of the facts of each case but the courts will have the power to review a decision given after the official review period of 35 days as passed. 2. In this question, the principles of statutory interpretation that were relied upon by the Full Court for arriving at the conclusion that the provisions of sub-clause 820.211(2)(d)(ii) provides that the compelling circumstances related with the waiver of schedule 3 criteria should be considered that were present when the circumstances took place. As a result of this interpretation of the provision, the Department as well as the Tribunal were under an obligation to consider the circumstances that were present at the time of considering the application and not only the circumstances that were present when the application was made. In this context, the Migration Regulations, 1994 provide in Sub-clause 820.211(2)(d)(ii) that the criteria mentioned in schedule they can be made only if the Department is of the opinion that compelling reasons exist for not applying it. Generally the department adopted the practice in this regard that the circumstances that existed when the application was made were to be considered by the department. The result was that the other compelling circumstances that arose after the application was lodged, and were brought to the notice of the Department or the Tribunal as having an impact on the applicant's situation, were not considered while evaluating the application. Due to the approach that was adopted by the Full Court in deciding that the legislation has not imposed temporal limitation in case of the compelling circumstances that can be considered when the matter of the schedule 3 criteria was evaluated. Therefore, while interpreting these provisions, it was the opinion of the full court that the circumstances that came into existence after the application for visa was lodged, can also be considered and therefore it was not restricted to the circumstances that were in existence at the time of the application made for waiving schedule 3 criteria. The effect of this statutory interpretation adopted by the Court was that the Department and the Tribunal were required to consider the circumstances that came into existence when they were evaluating the application and not only the circumstances that were present when the applicant had made the application. References/Case law Waensila v Minister for Immigration and Border Protection [2016] FCAFC 32