Report about my industrial placement Essay Example | Topics and Well Written Essays - 2250 words

Report about my mechanical arrangement - Essay Example Starbucks espresso is well known in all client types, independent of what age bunch clients have a place with. Clients love to invest recreation energy as well as significant business choices are taken while tasting Starbucks espresso. Market for retail espresso is profoundly serious yet the main rival from income winning point of view has been Nestle S.A. Rivalry in the espresso business is controlled by the cost and nature of items against the item run. In this manner, from procuring potential point, Starbucks is second just to Nestle S.A. The table beneath shows that the product offering expansiveness of Starbucks is high comparative with its rivals like Dunkin Donuts and McDonalds demonstrating moderate broadness while different contenders including Green Mountain Coffee Roasters, Kraft Foods, Inc. What's more, Nestle S.A. are low in product offering expansiveness (Brown and Nwabueze, 2011). Table1: Direct Competitors to Starbucks Firm Product line Breadth Revenues (2010) in Mill ions % of Total Group Revenues Starbucks High 10,707 27% Dunkin Donuts Moderate 5,500 14% McDonald's Moderate 2,400 6% Green Mountain Coffee Roasters Low 803 2% Kraft Foods, Inc. Low 3,100 8% Nestle S.A. Low 17,700 44% Source: Harold Brown 2011 Competition in the espresso retail section will be serious with all the main players set on catching new worldwide markets. Starbucks is all around situated with arranged showcasing, innovation utilization, Starbucks battery-powered installment cards and portable applications for speedy and simple request putting and installment (Brown and Nwabueze, 2011). Starbucks has effectively clung to its strategy on corporate social obligation by recognizing espresso ranchers as basic accomplices in the development history of the organization. Starbucks has developed and reinforced its associations with all partners and accomplices, including clients, workers, providers and networks throughout the years (Harnrungchalotorn and Phayonlerd, 2010). The aut horitative outline of Starbucks has increased huge development by 1991 with the expansion in productivity. It incited Schultz to start another representative program for the durable accomplishment of the Company †an investment opportunity plan for all workers. The design was to make a connection between their positive job and the rising business sector estimation of the Company. Investment opportunities were granted on the proportionate premise to base compensation. One more program, the Bean Stock, was offered for representatives advantage. Indeed, even low maintenance representatives could likewise profit by this program of the Company. It assisted the Company to enlist persuaded individuals with better than expected capacities and great work propensities because of its incidental advantage program as well as its compensation scale. Starbucks has encountered low turnover rates generally to different organizations on account of its drives for making a decent workplace. The ser ious retailers had high turnover rates for store workers in the scope of 150 to 400% per year while the turnover rates for Starbucks’ baristas were close to 65%. For the situation of senior supervisors, the Company turnover rate was close to 25% comparative with rough half for other chain retailers. Schultz’ the executives of Starbucks through the qualities and standards has expanded the brand execution in the ideal way. Workers feel high on profound quality. There is regard for all, independent of the assignment one holds. One can see the effect of expanded degree of

United States Maintain the embargo against Cuba Essay Example for Free

US Maintain the ban against Cuba Essay Fidel Castro held onto control of the Cuban government in 1959, and set out to change relations with the United States. As relations declined with the United States, the Cuban government created more grounded attaches with the Soviet Union, and turned into a socialist nation. In light of this goal, the United States set a financial ban on Cuba and later finished every single conciliatory connection with the Cuban government. Since the Soviet Union has broken up and left Cuba all alone, should the financial ban proceed. Fidel Castros progressive powers topple the military autocracy of Fulgencio Batista on January 1, 1959. The United States perceived the new government on January 7, 1959. Terrence Cannon (109) clarifies, There is no secret about what occurred between the United States and the Cuban Revolution. The morning Batista fled, two powers came into a head-on strife: the necessities of the Cuban individuals stanza the financial strategies of the United States organizations that possessed the plants and fields of Cuba. The triumph over Batista implied that the Cuban individuals had discarded the neighborhood supervisor; presently they defied the proprietor of the estate American Imperialism. This contention was inescapable if the Revolution would execute the changes, it had been promising since 1953. Cubas constitution of 1940 was reestablished on February 7 1959 (it had been suspended by Batista after his overthrow in 1952). In spite of the fact that he had guaranteed an arrival to protected principle and popularity based races alongside social changes, Castro utilized his control of the military to combined his capacity by subduing all contradictions from his choices, underestimating other opposition figures, and detaining or executing opponents(Background Note: Cuba). This became clear nine days after the fact, when Castro supplanted Mira Cordons as Prime Minister with no races. On March 3, 1959, the Cuban government nationalized the Cuban Telephone Company, a member of ITT that was a United States possessed organization. Numerous administration authorities surrendered their post and fled the nation on account of the rising impact of socialism. Various were driving figures in the unrest. On April 16, 1961, Filed Castro proclaims Cuba a communist state and reports on December 20, 1961 that he is a Marxist-Leninist. In the course of the most recent 42 years, the financial ban has experienced various fixing and releasing of its limitations. President Eisenhower previously forced a kind of ban in an incognito activity plan on March 17, 1960, to topple Castro. The arrangement incorporated the end of sugar buys, the finish of oil conveyances, the continuation of the arms ban (as a result since mid 1958), and the association of a paramilitary power to attack the island (Serria). This was because of the consenting to of the exchange arrangement with the Soviet Union. The Soviet Union consented to buy 5,000,000 tons of sugar over a five-year time span. They thusly would flexibly Cuba with crudeâ oil, oil based goods, wheat, iron, composts, and apparatus. They additionally gave Cuba $100 million in credit at 2.5 percent. The United States put focus on the oil organizations not to process the Soviet oil or sell Cuba fuel. Accordingly, Castro nationalized the Texaco, Shell, and Esso treatment facilities. The United States Congress passed the Sugar Act, disposing of Cubas remaining sugar portion. Cuba at that point nationalized every single United State organizations, business properties, U.S. Banks, and Cuban privately possessed firms (counting sugar factories and enormous enterprises). On October 19, 1960, the United States forced an incomplete financial ban that barred food and medication. The official break of conciliatory relations happened on January 3, 1961. President Kennedy extended the exchange ban mid 1962 to incorporate all exchange with the exception of non-financed deals of food and drugs. Imports were prohibited that contained Cuban materials, regardless of whether made in different nations. President Kennedy disallowed travel to Cuba and every single budgetary exchange for United States residents. The arrangement for Cuba to turn into a communist state started planning with Fidel Castro during his school a long time at the University of Havana. Castro joined the Orthodox Party while at the University of Havana. This gathering was against everything that Batista and his manikin government spoke to. Two years out of school, Castro ran for congress as a possibility for the Orthodox Party. Batista halted the decisions that were three months away by assuming control over the administration on March 10, 1952. A half year after Castros insurgency takes over from Batista, Castro sends Che Guevara, his right-hand man, to Cairo. There he reaches the Soviets (Sierra). Soviet association with Cuba starts. Throughout the following 30 years, until the fall of the Berlin Wall, the Soviet Union turned into the principle impact in all parts of Cuban life. Castros plan for a communist Cuba required the legislature to control all organizations. With the limitations, that the United States was forcing, it was simple for Castro to nationalize everything in Cuba. The Soviet contribution was consistently expanding, so the United States felt the time had come to expel Castro from power. Cuban outcasts prepared by United States CIA, attacked Cuba at the Bay of Pigs. Following three days of battling, the attacking power was crushed (Suchlicki). The United States found the development of moderate range atomic rocket destinations from its observation trips on October 14, 1962. President Kennedy requested a maritime bar to prevent the Soviets from delivery additional arms. In a recently declassified United States report, at that point United States Attorney General Robert Kennedy cautioned Antoly Dobrynin, the Soviet Ambassador to the United States, A genuine war will start in which a huge number of Americans and Russians will kick the bucket (Cuban Missile Crisis, Revisited). The circumstance was settled following fourteen days, with the Soviets expelling the rockets. The United States consented to expel rockets in Turkey. President Kennedy at that point solidified every Cuban resource in America. The Soviet Unions impact and command over Cuba empowered them to develop their military capacities and venture power all through Latin America and Africa. From 1975 through the 1980s, two-sided relations kept on disintegrating (Background Note: Cuba). Cubas powers came to about 50,000 in Angola to help repulse an intrusion of South African powers. Cuba sent almost 20,000 soldiers to Ethiopia to prevent Somalia from attacking. More than 1500 officers conveyed to Nicaragua to help the Sandanistain rebellion against Anastasia Somozus rule. At the point when the Soviet Union broke up in 1991, their help to Cuba additionally left. Cubas military nearness abroad basically has stopped to exist. Previous President Clinton marked into law the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act, on March 12, 1996. The bill fundamentally fixed the ban. At first President Clinton was hesitant to sign the bill since he realized it would carry Washington into struggle with its European accomplices. Cuba killed two United States regular citizen planes on February 24, 1996, which pressured him to reveal more than was prudent. Free Cuba PAC, a gathering of Cuban crusade donors, had since quite a while ago campaigned the bill (Vote Index: An Occasional Look at Campaign Money and Votes). Ignacio Sanchez, a lawyer with Bacardi Rum, helped draft the bill and is a benefactor to the Free Cuba PAC (Bacardi Bucks). President Clinton suspended Title III of the bill during his time term in office. He appended the offer of food to non-legislative substances and quickened the handling time for getting a required travelâ license to Cuba. In 1999, he approved that New York and Los Angeles give non-stop trips to Cuba. Miami was the main approved air terminal up to this point. President George W. Shrub stays focused on the utilization of the ban and travel limitations to urge a fast progress to a fair government. The organization will restrict any push to extricate sanctions against the Cuban system until it liberates political detainees, holds fair, free decisions, and permits free discourse. President Bush has additionally suspended Title III of the LIBERTAD Act. The Bush organization may lift the monetary authorizations while Castro is still in power. On the off chance that Cuba leads the 2003 decisions accurately by universally settled gauges, President Bush broadcasts that he will move toward congress to evacuate or loosen up the present assents (USINFO US-CUBA). The weight is on the Bush organization to lift the prohibition on movement and the offer of American merchandise. The House of Representatives casted a ballot 262 to 167 against the ban. In September 2002, the principal open door for Americans to offer food to Cuba since 1962 happened at the food public expo in Havana. There were 288 exhibitors, from 33 states, with over $90 million in contracts toward the end. The United States should lift the ban, standardize relations, and regard the Cuban people groups right to self-assurance. We have to make harmony with Castro in light of the fact that the Revolution isn't a danger to America. The United Nations (for 10 successive years), the Organization of American States, and more than once by the Pope, have denounced the ban. It is additionally infringing upon the International Declaration of Human Rights and the Geneva Accords. On the off chance that the United States can exchange with China, in any event, conceding most preferred country status, we can end the ban against Cuba following 40 years and have typical relations. The ban rebuffed the Castro government for the appropriation of American properties. American financial specialists took these equivalent properties from the Cuban individuals after the Spanish-Cuban-American War. This kept during the six decades as a reluctant New-Colony to the United States. The Teller Amendment, which was remembered for the Joint Resolution for War with Spain,â stated that the United States would not practice purview or authority over Cuba. Saving the Embargo for this r

The James Bond Franchise Movies Essay Example | Topics and Well Written Essays - 2250 words - 17

The James Bond Franchise Movies - Essay Example The motion pictures created in the James Bond establishment unequivocally mirror the changing American character and experience. The beginning of James Bond Films started with the acquisition of rights from Ian Fleming by the American CBS broadcasting company, to turn the novel, Casino Royale, into a TV experience that would keep going for 60 minutes (Rubin 23). The TV experience was adjusted for screen by Anthony Ellis and Charles Bennett. It featured the American entertainer, Barry Nelson, as Bond. The film establishment at that point created after some time under the protection of Eon Productions, extending as far as business incomes and execution. It right now invests heavily as the world’s one of the most experienced and enduring film association on the planet. The vast majority of its motion pictures embrace the occasions that mark the American experience and character (Rubin 27). Some of these films are featured underneath to show how they appear and unequivocally mirror the personality and experience of America. From Russia with Love (1964) was the subsequent film done by the James Bond Film establishment. It was delivered by the Eon Productions. The makers of the movie were Albert Broccoli and Harry Saltzman while the chief of the film was Terence Young. The film was introduced and educated by a novel that had a similar title done by Ian Fleming. The movie’s story focuses on the strategic James Bond is sent to achieve, which is to help in the surrender of Soviet office agent in Turkey. Ghost has game plans for vindicating the executing of Dr. No by Bond (Dodd 125). Red tells Bond â€Å"The initial one wont kill you; not the second, not in any case the third... not till you creep here and you KISS MY FOOT!† (Young). The film is very instructive about the experience and personality of America. An examination of the film presents an image of how America was during the days and the change that had produced results in the film business by at that point.

7 Important Considerations for Writing a Postgraduate Personal Statement Essays

7 Important Considerations for Writing a Postgraduate Personal Statement Essays 7 Important Considerations for Writing a Postgraduate Personal Statement Essay 7 Important Considerations for Writing a Postgraduate Personal Statement Essay You are applying for postgraduate however you don’t realize how to compose a postgraduate individual explanation. Well don’t worry†¦ a great deal of understudies don’t know how these announcements are composed. Regardless of whether a few understudies realize how to compose it they absolutely don’t realize how to compose a convincing one. Essentially this announcement, which is additionally alluded as a mission statement, permits the candidate to expound on his/her experience, potential, abilities and assurance. There are a few proclamations that pose the candidate to answer specific inquiries while there are likewise some that just poses general inquiries. The mission statement is a brilliant open door for a candidate to stick out. It is in fact an open door that permits you to depict your persuasions, inspiration, assurance and your value to the group of the confirmation division. In this application you are given a great opportunity to list down the motivation behind why you are looking for confirmation in this college and the individual or expert objectives you have as a primary concern. The mission statement likewise permits you to talk about your ability and aptitudes that you have and which you can't examine in the standard affirmation application. Right away, let us examine the 10 significant contemplations that are fundamental for composing an eye-getting postgraduate individual explanation. Before writing down letters onto your own announcement, first conceptualize and make a rundown of material that you need to incorporate and examine in the announcement. Keep the rundown explicit and compact. Likewise look at the brief that is given by the college at the hour of gaining the affirmation application. Break down the brief cautiously and see what kinds of necessities you should remember while composing. Presently, quickly clarify what makes you extraordinary and unique from the rest. This clarification will help you in separating yourself from different candidates who are applying for a similar postgraduate program. Persuade them that you are the best fit for the college as well as for the network of your field. Rundown down some specific reasons why you are just intrigued to get affirmation in their college. It might be that their charge is reasonable than different colleges or they offer some uncommon projects that others don’t. It might likewise be that they are the most unmistakable college in the nation. Additionally clarify them how you came to think about them. Rundown down and clarify any work encounters that you have had. This exhibits your enthusiasm for your field of intrigue. Rundown and talk about your profession objectives that you have set in your brain. Be that as it may, keep the clarification brief and explicit. Don’t advise however exhibit and offer proof to help your cases. Rundown and examine your most conspicuous characteristics and qualities. Once more, you need to help those characteristics or qualities with supporting proof. One progressively significant thought that one needs to consider is that the opening of the announcement must be an eye catching one. It must have the option to snare the peruser directly from the beginning.

Quarter Wit, Quarter Wisdom Using Prepositional Phrases on the GMAT

In previous posts, we have already discussed  participles  as well as  absolute phrases. Today, lets take a look at another type of modifier the prepositional phrase. A prepositional phrase will begin with a preposition and end with a noun, pronoun, gerund, or clause the object of the preposition.  The object of the preposition might have one or more modifiers to describe it. Here are some examples of prepositional phrases (with prepositions underlined): †¦ along the ten mile highway†¦ †¦ with a cozy blanket†¦ †¦ without worrying†¦ †¦ about what he likes†¦ A prepositional phrase can function as an adjective or an adverb. As an adjective, it answers the question, Which one? while as an adverb it can answer the questions, How? When? or Where?. For example: The book under the table belongs to my mom. Here, the prepositional phrase acts as an adjective and tells us which one of the books belongs to my mom. We tried the double cheeseburger at the new burger joint. Here, the prepositional phrase acts  as an adverb and  tells us where we tried the cheeseburger. Like other modifiers, a prepositional modifier should be placed as close as possible to the thing it is modifying. Let’s take a look at a couple of official GMAT questions to see how understanding prepositional phrases can help us on  this exam: The nephew of Pliny the Elder wrote the only eyewitness account of the great eruption of Vesuvius in two letters to the historian Tacitus. (A) The nephew of Pliny the Elder wrote the only eyewitness account of the great eruption of Vesuvius in two letters to the historian Tacitus. (B) To the historian Tacitus, the nephew of Pliny the Elder wrote two letters, being the only eyewitness accounts of the great eruption of Vesuvius. (C) The only eyewitness account is in two letters by the nephew of Pliny the Elder writing to the historian Tacitus an account of the great eruption of Vesuvius. (D) Writing the only eyewitness account, Pliny the Elder’s nephew accounted for the great eruption of Vesuvius in two letters to the historian Tacitus. (E) In two letters to the historian Tacitus, the nephew of Pliny the Elder wrote the only eyewitness account of the great eruption of Vesuvius. There are multiple prepositional phrases here: of the great eruption of Vesuvius (answers Which eruption?) in two letters (tells us where he wrote his account) to the historian Tacitus (answers Which letters?) Therefore, the phrase to the historian Tacitus should be close to what it is describing, letters, which makes  answer choices  B and C incorrect. Also, in two letters to the historian Tacitus should modify the verb wrote.  In options A and D, in two letters to the historian Tacitus seems to be modifying eruption, which is incorrect.  (There are other errors in answer choices  B, C and D as well, but we will stick to the topic at hand.) Option E corrects the prepositional phrase errors by putting the modifier close to the verb wrote, so therefore, E is our answer. Lets try one more: Defense attorneys have occasionally argued that their clients’ misconduct stemmed from a reaction to something ingested, but in attributing criminal or delinquent behavior to some food allergy, the perpetrators are in effect told that they are not responsible for their actions. (A) in attributing criminal or delinquent behavior to some food allergy (B) if criminal or delinquent behavior is attributed to an allergy to some food (C) in attributing behavior that is criminal or delinquent to an allergy to some food (D) if some food allergy is attributed as the cause of criminal or delinquent behavior (E) in attributing a food allergy as the cause of criminal or delinquent behavior This sentence has two clauses: Clause 1: Defense attorneys have occasionally argued that their clients’ misconduct stemmed from a reaction to something ingested, Clause 2: in attributing criminal or delinquent behavior to some food allergy, the perpetrators are in effect told that they are not responsible for their actions. These two clauses are joined by the conjunction â€Å"but, and the underlined part is a prepositional phrase in the second clause. Answer choices  A, C and E imply that the perpetrators are attributing their own behaviors to food allergies. That is not correct   their defense attorneys are attributing their behavior to food allergies, and hence, all three of these options have modifier errors. This leaves us with B and D. Answer choice  D uses the phrase â€Å"attributed as,† which is grammatically incorrect   the correct usage should be  Ã¢â‚¬Å"X is attributed to Y, rather than X attributed as Y. Therefore, option  B is our  answer. As you can see, the proper placement of prepositional phrases is instrumental in creating a sentence with a clear, logical meaning.   Since that type of clear, logical meaning is a primary emphasis of correct Sentence Correction answers, you should be prepared to look for prepositional phrases (here we go) *on the GMAT*. Getting ready to take the GMAT? We have  free online GMAT seminars  running all the time. And, be sure to follow us on  Facebook,  YouTube,  Google+, and  Twitter! Karishma, a Computer Engineer with a keen interest in alternative Mathematical approaches, has mentored students in the continents of Asia, Europe and North America. She teaches the  GMAT  for Veritas Prep and regularly participates in content development projects such as this blog!

The challenges of working with integrity

The acronym often used to describe an environment of noise, mess, and doubt is VUCA. These four letters represent volatility, uncertainty, complexity, and ambiguity. Its something thats recognizable for many of us in our everyday lives. Perhaps youre managing a complex job with multiple pressures, and much of the day is spent doing a role thats unrecognizable from the one you thought youd signed up to. And maybe this is coupled with the responsibility you feel for your elderly parents who need attention. And your children, who not only want loving and feeding, but also need to visit the dentist and be to their swimming lesson on time. So what comes first? How can you prioritize your precious time? Balancing complex, conflicting priorities With little data to draw on to help us decide, and no metaphorical burning platform to force our decisions, we are left to our own devices. So, youre the one that has to ask yourself and determine: Does that presentation need to be perfect or is 80% good enough? Are swimming lessons that important Do my parents really need to see me that regularly? Its our instincts, our experiences, and our values that help us decide. Most of the time, this works for us. However, holding true to what we feel is important—with integrity to our core values—can be tricky in light of complex social and moral contradictions. And if we try to stick to all our values to the level wed like to, somewhere along the line we are going to break. Particularly when we are under pressure. And especially when we think no one is looking. The danger of hypocrisy The result can be that, the more integrity you want to have, the more you can end up acting like a hypocrite. It is important to note that I use the term hypocrite as one given to such actions, rather than one who is a hypocrite (see  Naso, 2010). So being a hypocrite and acting with hypocrisy are not essentially tied together. The literature tells us that hypocrisy can be useful for conflict resolution and reputation management, but it disregards the moral worth of a person—it doesn’t tell us anything about whether we can trust a person who acts like a hypocrite. This is the important part! Our intentions are not necessarily in the public eye, only what we say and do. As human beings living in a complex world, we are judged by others, especially when they see incongruence between what we’ve said and what we do. Unfortunately, we don’t always get the chance to explain and justify why we’ve done what we’ve done. Our intentions are not necessarily in the public eye, only what we say and do. Moreover, we cannot assume that others will make the cognitive leap to try and understand our intentions. That comes with time, trust, and a relationship of some sort. Only then will others say, Oh, they’ve done THAT because of THIS. Not because they’ve intentionally set out to deceive me for their own gain. This also goes the other way: we judge people on their actions. Only after we have some insight into their character can we begin to understand them. But people only have a few chances—if we see behavior that undermines their values, we begin to think they’re either acting like a hypocrite or they are a hypocrite. As an example, a few years ago, a CEO told me how he came to realize work/life balance was his strongest value. So he set up his business to reflect that way of working. Then, one day, having started very early in the morning to meet a tight deadline, one of his colleagues came in 2.5 hours later than him. Unexpectedly, he felt an angry inner voice ask,  What time do you call this? Feeling like a hypocrite, he realized then that his strongest value was in fact fairness, with work/life balance stemming from this. His colleague coming in much later than him had felt unfair. Practicing integrity under pressure So, what can you do? What has been helpful for me and the people I work with in my practice of developing leaders with integrity, is to create opportunities to put yourself under pressure. This could be doing something youre not sure you will be any good at or something that makes you cringe—and doing it anyway. In this environment, your body will produce adrenaline, which will create a fight or flight response. This feeling is perfect for finding out what  really matters to you when push comes to shove Then spend some time reflecting on what happened, how you acted, and how you felt. Think about your decisions in light of what you consider to be your values. And ask yourself whether you are really being honest with yourself about why you do what you do. Or, are you telling yourself stories to justify your actions? Think about your decisions in light of what you consider to be your values. And ask yourself whether you are really being honest with yourself about why you do what you do. If youre interested in learning more about the dark side of integrity and the implications for those of us who want to develop and work with integrity, watch my recent TEDx talk below: Ready to further develop your ethical leadership skills? Find our more about Ashridge Executive Education Open Programs. Step up your game with executive education at Ashridge agile business school. To find out more, take a look at our blog 13 benefits and challenges of cultural diversity in the workplace, or firm up your exec career footing with a Masters in International Business from Hult. Download a brochure or get in touch today to find out how Hult can help you learn everything about the business world, the future, and yourself. Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .

The Separate Legal Personalty and Piercing the Corporate Veil - Free Essay Example

Sample details Pages: 4 Words: 1178 Downloads: 10 Date added: 2017/06/26 Category Business Essay Type Essay any type Did you like this example? BUSINESS LAW Types of Businesses A business refers to an organisation involved in the trade of goods, services, or both to consumers. Sole proprietorship is owned by one person and operates for profit. The individual has day-to-day responsibility for running the business however they can choose to operate singly or employ other people. The business is considered to be part of the individual and not a separate entity. As a sole proprietor, all responsibility, debts and liability are assumed by the owner. Therefore, it can be said that all assets of the business belong to the owner. A partnership is an entity with two or more individuals who share ownership of a single business. The partners should consult and have a legal agreement that sets out how profits will be shared, how partners can be bought out and what are the steps that will be taken to dissolve the partnership if needed. Time and capital must also be decided on. Each partner has unlimited liability for the risks, debts and actions the business incurs . Corporations are considered a unique entity, which is separate and apart from its owners. They are treated as individuals under the law. A corporation can be sued, it can be taxed and it can enter into contractual agreements. The owners of a corporation are referred to as shareholders. If ownership changes the corporation does not dissolve thus it has a life of its own. A corporation simply provides a way for individuals to run a business and to share in both profits and losses. Don’t waste time! Our writers will create an original "The Separate Legal Personalty and Piercing the Corporate Veil" essay for you Create order Separate Personality A separate personality of a company means that the corporation is independent and distinct from the people who own or invest in them. In the case,Salomon V Salomon Co. (1897), Salomon conducted his business as a soletrader. Hesold it to a company incorporated for the purpose called A Salomon co ltd.The only members were Mr. Salomon, his wife and their five children. They shared the shares among themselves. Mr.Salomon loan moneys to the business. When the company failed the company liquidator contended that Mr. Salomon loan should not be honoured and that Salomon should be held responsible for thecompanyà ¢Ã¢â€š ¬Ã¢â€ž ¢sdebts. Lord Halsbury LC stated that à ¢Ã¢â€š ¬Ã…“it seems to me impossible to dispute that once the company is legally incorporated it must be treated like any other independent person with its rights and liabilities appropriate to itself, and that the motives of those who took part in the promotion of the company are absolutely irrelevant in discussing what those rights and liabilities are.à ¢Ã¢â€š ¬Ã‚  From this case comes the fundamental concept thata company has a legal personality or identity separate from its members. Members have no interest in a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢sproperty. Inthe caseMacaurav NorthernAssuranceCompany Limited (1925), M bought insurance for his timber estate while he was a sole trader. M later converted his business into a limited company butdid not make another insurance contract. A fire broke out in his timber estate. The insurance company refused Mà ¢Ã¢â€š ¬Ã¢â€ž ¢s claim for compensation. It was held that the insurance was correct not to honour. The house of Lordsheldthat in order to have an insurable interest in property a person must have a legal or equitable interest in that property, Mà ¢Ã¢â€š ¬Ã¢â€ž ¢s claims because M and his company were separate legalentities. Theloss of the timber wasthe companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s lossnot Mà ¢Ã¢â€š ¬Ã¢â€ž ¢s loss. Lifting the Corporate Veil The corporate veil is the concept that separates the personality of a corporation from the personalities if its shareholders. It protects them from being personally liable for the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s debts and also other obligations. However, this protection is not impenetrable. Lifting this corporate veil is when the court disregards the corporate personality and look behind the real person who is in control of said company. The court comes to the conclusion that a companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s business was not or isnà ¢Ã¢â€š ¬Ã¢â€ž ¢t being conducted in accordance with the provision of corporate legislation. Under the legal concept of piercing the veil, the court may hold the shareholders of the company personally liable for the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s obligations. Grounds under Which the Veil Is Lifted The corporate veil can be lifted in many cases. It can be lifted in the case of: Fraud/Improper conduct The courts will pierce the corporate veil when it feels that the company is being used to hide or conceal the identity of the perpetrator of fraud. In the case Gilford Motor Company Ltd v. Horne (1933), Mr. Horne was an ex-employee of the Gilford motor company and his employment contract provided that he could not solicit the customers of the company. In order to defeat this he incorporated a limited company in his wifeà ¢Ã¢â€š ¬Ã¢â€ž ¢s name and solicited the customers of the company. The company brought an action against him. The Court of Appeal was of the view that à ¢Ã¢â€š ¬Ã…“the company was formed as a device, a stratagem, in order to mask the effective carrying on of business of Mr. Horneà ¢Ã¢â€š ¬Ã‚  in this case it was clear that the main purpose of incorporating the new company was to penetrate fraud. Thus the Court of Appeal regarded this case as a mere sham to cloak his wrongdoings. Tax evasion The court has the power to disregard corporate entity if it is used for tax evasion purposes. Once the company conducts in schemes of tax avoidance without any necessary legislative authority the veil will be lifted. Protecting public policy This occurs when there is a conflict between incorporated companies not adhering to public laws. Courts may pierce the corporate veil to protect policies of the public and also to help prevent transactions that may occur contrary to public policy. Avoidance of legal obligations This is where the incorporated company is made and used to avoid any legal obligation(s). The court may disregard the legal personality of this incorporation and assume that no company really existed. Enemy character In times of war, the court will be prepared to pierce the veil of the company to determine the nature of the shareholding. A company can be assumed as an enemy character when persons in control of its affairs are residents in an enemy country. In a case stated above the court may examine the character of the persons in real control of the company and then declare it to be an enemy company. In the case Daimler Co. Ltd v Continental Tyre and Rubber Co. Ltd, a company was incorporated in England for the mere person of selling in England. This company sold tyres which were made in Germany by a German company which held the bulk of shares in the English company. The holders of the shares remaining, with the exception of one, and all the directors were Germans who resided in Germany. During World War 1, the English company commenced action for recovery of a trade debt. It was held that the company was an alien company and the payment of debt to it would amount to trading with the enem y. Therefore, the company was not allowed to proceed with this current action. 1