Kent Cars Ltd Essay Example | Topics and Well Written Essays - 2500 words

Kent Cars Ltd - Essay ExampleAt the outset, a shareowner of a private limited companion may find himself helpless and locked into the company. Under this scenario, a shareholder who is unable to exert control within the company becomes vulnerable. By taking advantage of his weak position, the controllers of the company at the expense of the non-controlling shareholder, may wield enormous power and authority in administering the company. (Vries 20101). The Articles of connective of a private limited company will always consist of some restrictions on transfer of shares. Normally, provision in the Articles or Table A empower the directors of a company some limited rights to modus operandi down transfer of shares in racing shell of partly paid-up shares. As in the case of richly paid-up shares, such a restriction will be of technical nature only. As the operating theater and the management of the majority of small companies is wholly reliance on the prolonged good relations i n the midst of the members of the company to such a magnitude that such companies are frequently no more than partnerships still disguised with a corporate form. Hence, it is significant for the directors or members of such companies to place severe restrictions upon the transfer of shares as it will be tantamount to change in ownership. These restrictions will oecumenically assume the form of the granting of pre-emption rights in favour of the present members of the company which is similar to the statutory pre-emption rights applicable to allotment of shares. The general procedure for transfer of shares in a private limited company is that any member who wants to toss off his shares should give a notice first to the company. Such Notice will automatically practise the company as the members agent for the purpose of first offering of shares to the present or existing members of the company in the ratio to their present shareholding. This connotes, by the proposed transfer of s hares, the equilibrium or respite between the existing members of the company is protected, presuming that the members in question will have the opportunity to source the demand capital to acquire such shares offered. The following points should be kept in mind in case of transfer of shares of private limited companies Great care should be given to make sure that the essential procedure is carefully adhered to in case of a transfer and if transfer of shares are expected or if the directors of a company receive notice from a member of his intention to transfer of shares and in such event, immediate reference is to be make to the conditions provided in the AOA (Articles of Association of the company). The most common source of the trouble between the member who wishes to dispose off his share and the other members or directors of the company pertains to valuation of shares. Normally, the Articles of Association will contain a provision that in such scenario, the valuation of shar es shall have to be made either by an independent expert or by the statutory auditor of the company where it is provided so and in cases where parties could arrive at a fair price or valuation. If the offered

Bond ratings Essay Example | Topics and Well Written Essays - 1000 words

cling ratings - Essay ExampleRepresentatives of the rating agencies nurse consistently stated that no microscopic formula is employ to set a firms rating all the factors listed, plus others, are taken into account, just now not in a mathematically precise manner. Statistical studies have borne out this contention, for researchers who have try to predict stick around ratings on the basis of quantitative data had had only limited success, indicating that the agencies use intrinsic judgment when establishing a firms rating. When the bond ratings get adjusted downwards, because most bonds are purchased by institutional investors rather than individuals, and many institutions are restricted to investment-grade securities, many potential purchasers will not be allowed to buy them. As a result of their higher risk and more restricted market, when the bond ratings get adjusted downwards, the bonds have higher required rates of return as risk premium (Weston, Besley, and Brigham 707- 708).3. Whenever the gong rate of saki is equal to the coupon rate, a bond will sell at its tally. Interest rates do change over time, but the coupon rate remains fixed after the bond has been issued. Whenever the passing play rate of pursual is greater than the coupon rate, a bonds price will fall below its par value. ... 4. The yield to adulthood is the average rate of return earned on a bond if it is held to maturity (Weston, Besley, and Brigham 291). To calculate the yield to maturity, the following equation could be solved (Weston, Besley, and Brigham 291).= C (PVIFAk, n) + M (PVIFk,n)Where V = Bond valueC = coupon paymentsk = yield to maturityM = par value of the bondn = number of years before the bond maturesK could be solved by victimisation a financial calculator or by substituting values for PVIFA and PVIF until a pair that works is found so that the present value of the interest payments combined with the present value of the repayment of the aspect value at matur ity equals the current price of the bond (Weston, Besley, and Brigham 291). Alternatively, an estimate of the yield to maturity could be calculated with the following equation (Weston, Besley, and Brigham 291).5. The nominal yield to maturity is the contracted, or quoted, interest rate which is used to compute the interest paid per period. The effective yield to maturity is the annual rate of interest really being earned, as opposed to the quoted rate, considering the compounding of interest. The investor should use the effective yields to maturity when deciding between merged bonds and other securities of similar risk. This is because throughout the world economy, different compounding periods are used for different types of investments. For example, brim accounts generally compute interest on a daily basis most bonds pay interest semiannually and stocks generally pay dividends quarterly. If the investor is to properly compare securities with different compounding

Public Policy Formation and Analysis Assignment

in the public eye(predicate) Policy Formation and Analysis - Assignment ExampleCobb and Rocheford identify certain traits that make up the reputation of a business and of course these traits are incumbent on the solutions to such identified fusss. We must in like manner note that the traffic problems in Oman has a social, economical and political dimension. Severity The severity of any identified road precaution problem has to be taken into cognisance in other to ascertain how ascetical the said problem is. How serious a problem and its consequences are taken to be, is what determines the extent to which actions will be taken to resolve that particular problem. A good example is the constant road traffic accidents in Oman. The amount of lives that has been lost this few course of instructions has motivated the Government of Oman to take a firm signify of view in formulating Traffic policies to curb the incidence. Incidence According to Cobb and Rocheford, (1993) a social pr oblems incidence is an important descriptive dimension that represents the over solely scope of people affected as well as those groups disproportionately at risk (64) Those groups that are affected by this incidence in Oman are teenagers between the ages of 16-25. This is a erratic group of persons still full of life and the excitement of motor cars, who do not necessarily press the implications of traffic safety policies. Novelty Simply refers to situations where a policy seems to have popular opinions from the public, which soon becomes old as the public and the media becomes less enthusiastic about such policies overtime. This is a major problem in Oman as many road safety policies that seemed to excite the people have become distasteful and un potent today. This has not augured well for the Government of Oman. It is a major social and political barrier to policy grooming as regarding Road safety policies. Proximity To judge an issue as having proximity is to insinuate tha t it brings your point close home or directly affects a persons interest. Now if such cases can be do successfully, members of the general public will become more concerned and may go all the appearance to express this opinion politically which will aid in more positive policy formulation. Crises of the problem This terminology is used to denote a situation where corrective action is long overdue and the problem still exist. Thus dire consequences are in occurrence due to such delay. The lack of fitted action by the Government of Oman to tackle the impeding road safety abuse and non-compliance has become a crises situation in the country. Question 2 Drunk driving Many youths are addicted to cloudburst products and tend to ply the roads at very high state of drunkenness, most especially at nights. The statistics in the article by Shalama et al (179) shows that that results of drunk driving were between 3-982 and as of last year it was 4% alone. This is an aspect of individuals be haviour as it relates to accidents in Oman Lack of formal traffic education This is a major social/cultural condition that must be checked in Oman. Teaching all road users in Oman how to observe road usage norms and regulations and lunching campaigns via the media on the importance of road safety applications is paramount if the Nation is to witness less accidents and more respect for traffic regulations. Traffic regulation enforcement fundamental law and licencing must be effective at all times within the country. They have a major responsibility to check the

Strategic Leadership in a Changing World Essay Example | Topics and Well Written Essays - 1750 words

Strategic Leadership in a Changing World - turn out ExampleThis problem largely known as hole in the middle problem in the study and the theories provided by Garry Hamel and Michael porters beer tries to explain this phenomena existing in the commercialises (Baker 2005). The adventes and perspective of the two strategic focussing strategy theorists sharpend the commission diversifications in organizations. This mainly required the adoption of new techniques and new slipway of thinking taking into consideration the changing marketing and the level of the competition in the various markets (Schindehutte 2008). Garry Hamel barbel in project to the paradox of markets is the adoption of the marketing management strategy that was more interactive and active. From this flak he asserts that in the management of competition in the markets as well as the maximum practice of re stems the aspect of strategic architecture and strategic intent must be introduced. This provided the impo rtance of managers and organizational leading in regard to competence (song Cho 2000). The two concepts also gave and hint on how it can perform let on in terms of competitive advantage in contrast with other companies the market. Michael porter in regard to the paradox of the market was the introduction of the various concepts notably the five forces analysis and the generic strategies (Kelly 1998). The detailed fundamental interaction process underlying this was that there was need for the organizational management and leaders to evoke the following. First is to enhance minimization of costs, focus on the market strategies where a company or organization operates and finally enhance product differentiation strategies (McGivern 1997). Michael Porter Approach on Market Paradox Michael porter draw near on the market paradox in regard to the markets and resources is based entirely on the organizations or the firms competitive nature. He asserts that the dynamism and the change in the markets is increasingly becoming a major empyrean of concern to the economic theorist, practitioners and policy makers (Baker 2005). Therefore Michael porter gives and commentary regarding this on a re source based perspective and the market process economics (McGivern 1997). The two porters perspective gives explanation on the similarities and the relations which is important in the evaluation of the dynamics and the changes on the market behavior (Kelly 1998). Porters approach is considered popular in regard to this because of its clarity, feasibility and the complementarities of the resource based perspective and the market process economics. This approach is generally convenient in the explanation of the markets changes in its competitiveness as well as its strategies (Porter 2000). The inquiry in this context is how firms and companies compete in the various markets and what the strategies that leaders and managers adopt. Porter asserts that there is need for the firms a nd management teams to understand the individual competitiveness as it this facilitates the formulation of policies concerning competition (Hamel 2012). These policies and the underlying strategies are essential in providing necessary support in developing markets and effective utilizing of resources (Schindehutte 2008). Therefore is addressing the issue of market paradox Porter focuses mainly on the identification of the most successful strategies that a firm in a market can adopt.

Letter Essay Example | Topics and Well Written Essays - 500 words - 8

Letter - Essay ExampleGerman invasion of Poland and French declaration of warfare on Germany deliver resulted in a large number of casualties. I do not know why the chief(prenominal) powers of the world have lost patience and have started the war but I believe that our army clear lead the world towards peace and stability.We are rigid to she-bop victory in the pacific region. The Japanese attack on Pearl Harbour and Hitlers declaration of war are such issues which have forced us to participate in the war. We have the aim of helping the countries which are in need. We have to support British in order to resign Germans from conquering the land of Britain. We are the peacemakers, not peace destroyers.My dear sister Do not get upset because of the situation. We are doing our best for the cause. Our physical condition is also good and we can fight for a long time for the cause of bringing pace to the world. You want, I want, we all want Britain and France to stop German invasion by winning the war against Germany. Our semipolitical leadership has given us a roundabout of support in aiding Britain and helping her win the war against Germans. It is very good to know that both political leadership and general public have the same mindset as they are supporting us in our mission of helping Britain.We want to stabilize nation in every part of the world. To me, democracy is the best way of governance. When a threat to democracy occurs in any part of the world, its effects can be seen in all related parts of the world. Threat to democracy is also one of the main reasons of this war. The democratic powers have become passive. Here, I would like to tell you some of the main causes of this war in order to make you aware why we have been involved in the war. Some causes include Hitlers aim to dominate the European countries, aggressive aims of Hitlers allies, such as, Italy and Japan, failure of the Treaty of Versailles, and inability of the fusion of Nations to keep peace in the world.In the end, I would say

Immigrants Health Literacy Essay Example | Topics and Well Written Essays - 2000 words

Immigrants health Literacy - Essay ExampleLow literacy levels among immigrants increases their health risks that may lead to deformities and death.Health literacy is defined as a set of skills and knowledge that one needs to function adequately and in effect in a healthcare environment. some of the aspects included in health literacy include the ability to infer literal and written language especially the English Language. It also encompasses the ability to interpret either verbal or written health information. Despite the importance of health literacy, there are many lot who lack such skills and knowledge and it becomes difficult for healthcare providers to provide effective healthcare services for such a group. One of such groups that lack health literacy is immigrants. This happens nearlyly because of language and linguistic barriers. This means that most of them cannot understand or communicate in English or any different language other than their mother tongue. This prese nts healthcare providers with difficulty in handling this group because communication is key in the render of quality and effective healthcare services to patients, their families and communities. Low literacy levels among immigrants have been a major concern with celebrate to their ability and capacity to seek healthcare services. This means that it increases the risk for adverse health outcomes. In a research article, it is revealed, Clear communication between health care providers and their patients is essential for patients to make good medical examination decisions, to receive effective instructions on how to take care of their illness, and to achieve desired health outcomes (Wu et al. 1174). From the advert above, it is clear that communication is an important aspect in helping patients receives care. However, when a patient is illiterate, it is difficult for a healthcare provider to communicate with the patient in the hope of providing

Legal aspect Essay Example | Topics and Well Written Essays - 1250 words

Legal aspect - Essay ExampleThey include autonomy, beneficence, nonmaleficence, veracity, confidentiality, justice, and fidelity. base on the case before us, the nurses had the honorable business of providing safe, compassionate, and competent care to the diligent (Storch, Rodney, and Starzomski, 2004). In this regard, it was the responsibility of nurses to ensure that the persevering is provided with the necessary treatments and care to ensure his well- being. In fact, the long-suffering also has the right to put one over treatment from nurses regardless of their status or situation. Therefore, it was the obligation of the nursing staff to ensure that the right of the patient is protected. The nurses were also under the ethical responsibility to preserve the dignity of the patient. This included the duty of providing the necessary hurt to ensure the patients dignity and integrity is maintained, check to Storch, Rodney, and Starzomski (2004). In the case before us, the patien t had the right to be provided with the necessary care such as ensuring his cleanliness and well-being is assured. This includes being cleaned and turned on bed periodically to ensure his dignity is not compromised. The nurses were also under an ethical obligation to parent justice of the patient (American Nurses Association, 2006). ... Further, the nurses had the ethical responsibility of ensuring that the privacy and confidential information pertaining to the patient are maintained, according to the American Nurses Association (2006). In this regard, the nurses were expected to ensure that any confidential information pertaining to the patient is moreover used for the purpose for which it is meant. Therefore, they should ensure that private and confidential information is not divulged to the public without the consent of the patient. 2. Was there a aberrance from the banals of care in this instance? Explain. The case before us showed a deviation from a number of standards of care expected of the nurses in discharge of their duties. Firstly, the case manifests a deviation from the nurses ethical duty to provide safe, compassionate, and competent care. This is evident from the fact that the nurses at the hospital failed to ensure that the patient receive the quality care. According to Mrs. OHaras family, their patient died because of the nurses failed to administer the care and treatment expected. The fact that the 86-year aged(prenominal) man laid on the bed without assistance from nurses is a clear proof of the deviation of this standard of care. The case also shows a deviation from the ethical responsibility of protecting the dignity of the patient. Every patient has a right to receive the necessary support from the health care providers such as being given the opportunity to bath and the turned on the bed in case the patient is also weak to do so by himself or herself (Burkhardt and Nathaniel, 2002). The case before us, however, shows clearly that the nurse supercharged with the responsibility of providing such a support failed to do so. As claimed by Mrs. OHaras family, the 86-year venerable patient