Sample Management Plan For Medical Equipment - 1332 Words

2.5Maintenance Management Plan Dyro (2004) indicates that periodic medical device management is a fundamental element of equipment management. Arno, Dowling and Schuerger (2016) report that high reliability and low maintenance costs are common targets for all maintenance programs. A carefully designed preventative maintenance can reduce maintenance costs through the prevention of degradation failure through preemptive intervention. Corrective maintenance is required when a failure occurs and it is often more expensive than a preventative maintenance. Preventative maintenance is implemented to decrease the probability of some particular expected failures and therefore decrease the overall maintenance cost. 2.5.1 Preventive Maintenance Medical equipment is usually expensive and require high mechanical precision, especially for the equipment that produce devices that install in patients’ body. Fennigkoh and Smith (1989) indicate that medical equipment needs constant maintenance to make sure that it can perform required high-requirements, which makes preventive maintenance very important in medical industry. Another benefit of implementing preventive maintenance is that it also decreases expensive corrective maintenance costs. 2.5.2 Preventive Maintenance Regulations for Medical Equipment According to Centers for Medicare medicaid Services (CMS) Preventive Maintenance Regulations (2011) Medical Equipment (e.g., laboratory equipment, IV infusion equipment, biomedicalShow MoreRelatedThe Electronic Medical Records For The Provider1374 Words   |  6 PagesMarsha: 1. The electronic medical record promises to revolutionize the delivery of health care services. Identify the advantages and disadvantages for the patient and for the provider. How much Government regulation should be involved in the development and use? There are many advantages with the implementation of electronic medical records for the patient. One important advantage is the ability for the patient’s medical record to be shared amongst the patients other physicians. InformationRead MorePediatric Urgent Care Clinic Business Plan Proposal Essays1542 Words   |  7 Pagesobjectives II. Equipment/Training Education Description A. What the service specifically provides B. Why this service is different and/or special C. What equipment is needed (Table 1) D. Required training E. Regulatory requirements III. Organizational Plan A. Organizational chart B. Management Summary C. Management Responsibilities IV. Marketing Plan A. Demographics B. Targeted Market/Location C. Competition/Competitive Advantage V. Financial Plan A. FinancialRead MoreRisk Management Pl An Event That Has A Positive And Negative Impact On Project Objectives1265 Words   |  6 Pages8. Risk Management Plan 8.1. Purpose A project risk is an event that has a positive and negative impact on project objectives. A Project risk management plan is critical in identifying, monitoring and reporting risks. This Risk Management Plan defines how risks associated with this ten story-building project will be identify, analyze, and manage. It presents the outlines for risk activities how to perform, record and control or manage throughout the project lifecycle. 8.2. Process The projectRead MoreTesting Results For Pharmaceutical, Para Medical And Cosmetic Products Food Supplement1094 Words   |  5 PagesOut-of-Specification Test Results for Pharmaceutical, Para-medical and cosmetic Products food supplement. 2. Scope: 2.1. All Pharmaceuticals, Medical devices, cosmetic products food supplement. 2.2 This SOP outlines the procedures to follow in the investigation and documentation of OOS results, to identify laboratory error, reporting requirements, documenting corrective/preventive actions, and discussions with the client about re-sampling and/or retesting. Samples are held until the investigation is completedRead MoreRegulatory Issues Impacting Development of an Emergency Preparedness and Management Plan1573 Words   |  7 PagesEmergency Preparedness and Management Plan is complex. There is not a single format to base the plan. Each plan is dissimilar according to the facility that the plan was developed. Each facility is composed of different structural components, machinery, chemicals, and equipment. These subtle differences can mean diverse regulations and standards that must be incorporated into the Emergency Preparedness and Management Plan. Compliance must be achieved when developing the plan. Regulations and standardsRead MoreCase Analysis : Mr Frank Salo1649 Word s   |  7 Pagescontinued leadership in Perioperative Nursing practice. His contributions to this area of practice have positively influenced client care at the nursing service and across the local medical center. He has greatly influenced the implementation of a comprehensive UDI tracking system on implants handling program for the local medical center that has broad implications and outcomes for patient care and safety. Goals for this rating period: (1) Ensure 100% completion of OR staff competency checklist – met;Read MoreA Compensation And Benefit Proposal For Equipment Leasing2130 Words   |  9 PagesCompensation and Benefit Proposal for Equipment Leasing Tim Bowles OMM-618 Strategic Management in Human Resources Management Instructor Prof. Maja Zelihic April 27, 2015 Abstract There are benefits to commercial leasing. When you lease, you avoid large cash outlays with a down payment. In addition, leasing payments are tax deductible. â€Å"Along with the tax advantages, commercial equipment leasing does not affect your business credit†. When you lease, the equipment pays for itself while generatingRead MoreProject Organization And Management Structure872 Words   |  4 Pages Project organization and Management Structure: As the experimental methods are complementary to each other, but are not critically interdependent, the cooperative design of my research plans will greatly facilitate my ability to accomplish the specific aims. To monitor the progress and project quality, I will conduct meetings with Prof. Battaglia on a bi-weekly basis, write monthly reports that can be incorporated into peer-reviewed publications, and present my research outcomes at lab groupRead MoreA Critical Analysis Of Supplementing Breastfeeding Mothers1372 Words   |  6 Pageswhether a medical indication is documented for the supplementation of breastfeeding mothers. Clinical audit is an essential step in improving healthcare services. It can be defined as ‘the systematic critical analysis of the quality of medical care including the procedures used for diagnosis and treatment, the use of resources and the resulting outcome and quality of life for the patient’ (Bennadi et al, 2014, p49). Stage 1 – Identify Topic The topic, as outlined above, is whether a medical indicationRead MoreManagement Of Quality Management Standards1330 Words   |  6 PagesM29EKM (MANAGEMENT OF QUALITY) COURSEWORK 2 Done by: OLUMAYOWA A. AYODEJI SID: 6771175 MSc Engineering Business Management Coventry University, UK Submitted on 19th March, 2017 1.0 Review of ISO 9001:2015 ISO 9001 is a universal quality management standard that sets requirements for quality management systems and can be adopted by organizations in any industry and of any size. It helps the organization which use it achieve customer satisfaction through efficient processes [ISO, 2015]

Analysis Of The Poem Kuwl - 967 Words

Kuwl, translated as a kind of sustenance, is exemplified throughout the Old Testament in which various individuals or groups of people are sustained with food and drink, as well as clothing. Beyond that, is another type of support: â€Å"He will restore your life and be the support of your old age, for his mother is the daughter-in-law who loves you. She is worth more to you than seven sons!† Naomi was left all alone without her husband and children until Boaz and Ruth gave birth to a son named Obed. The opportunity for Naomi to become the nurturer of Obed allowed her to restore her livelihood. So, not only does Kuwl include basic necessities, but also a meaningful life. Related to a meaningful life is the capacity to endure. â€Å"One’s spirit supports one when ill, but a broken spirit who can bear?† A resilient spirit provides the sustaining power to continue through life. Without it, ordinary life becomes difficult to tolerate. Lastly described is kuwl as a designation for containment. â€Å"Is God indeed to dwell on earth? If the heavens and the highest heavens cannot contain you, how much less this house which I have built!† God cannot be contained in space, time or even an individual’s thoughts for He is not able to be measured by human beings. Naturally, then, God is the ultimate sustainer, as He is able to provide as no other being can. The word yada relates to knowledge and perception. There is knowledge of the senses: â€Å"That all may see and know, observe and understand, That

The Enlightenment Philosophers What Was Their Main Idea

Literature Network  » Literary Periods  » The Enlightenment 57 The Enlightenment The Enlightenment, sometimes referred to as the Age of Reason, was a confluence of ideas and activities that took place throughout the eighteenth century in Western Europe, England, and the American colonies. Scientific rationalism, exemplified by the scientific method, was the hallmark of everything related to the Enlightenment. Following close on the heels of the Renaissance, Enlightenment thinkers believed that the advances of science and industry heralded a new age of egalitarianism and progress for humankind. More goods were being produced for less money, people were traveling more, and the chances for the upwardly mobile to actually change their†¦show more content†¦The Enlightenment was believed to be the realization of the tools and strategies necessary to achieve that potential. The Renaissance was the seed, while the Enlightenment was the blossom. The idea of a â€Å"public,† an informed collection of citizens invested in the common good and preservation of the state, reached fruition during the Enlightenment. Curiously, the coffee shop or cafà © became the unofficial center of this new entity. Citizens would gather to read whatever literature was available, to engage in heated conversation with neighbors, or to ponder the affairs of state. What made this kind of revolution in free time possible was an increasingly urban, sophisticated population coupled with the steady progress of industrialization. The coffee houses became the stomping grounds of some of the greatest thinkers of the age. Indeed, democracy would have been unachievable if the citizens had no community forum in which to commiserate, plan, and debate their needs and desires. Grassroots political movements were the natural outgrowth of these populist venues. It must be stated, of course, that this public entity was still a very exclusive one. Women, minor ities, and the lower classes were not exactly welcomed into this new civil discourse. For all the high-minded discussion of a new, egalitarian social order, the western world was still predominantly owned by middle class men.Show MoreRelatedWhat Was the Main Ideas of Enlightenment Philosophers?838 Words   |  4 PagesXavier Jefferson 4-13-13 Mr. Love What is the Church? What is the church’s purpose? What is the Church? There are many different churches in America that say to be â€Å"Christian† and all claim to be the church that Jesus built, or say they are a part of it. We need to go back to the bible and see what it tells us (Christians and non-believers) about the church. The church is â€Å"an assembly† or â€Å"called out ones but to me it is the people that make up the church. It isn’t as people think and sayRead More Age of Reason Essay example1161 Words   |  5 Pagesquotation was spoken by the famous writer and philosopher Voltaire; I believe it vaguely points out that some people are full of absurd ideas, and for others to follow such nonsense is foolish. The quote is just a taste of Voltaire’s wisdom and knowledge of the world, during the Age of Reason. The Age of Reason or The Enlightenment is defined as a change in not just a way of thinking, but an establishment of values and rational actions. â€Å"Based on Immanuel Kant’s essay â€Å"What i s Enlightenment?† it isRead MoreAn Analysis of Candide Story by Voltaire1347 Words   |  6 PagesVoltaire â€Å"Candide or Optimism† was written in the enlightenment era. Voltaire story is published in The Norton Anthology of Western Literature. Voltaire’s character, Pangolss, is a philosopher who teaches about God morals. Pangolss is also a mentor to Candide, who is the main character of the novel. Candide has a good heart but is also feel s very hopeless in life. Pangloss takes Candide under his wing and teaches him that â€Å"best of all possible worlds.† The enlightenment movement is seen closelyRead MoreAge Of Reason And The Scientific Revolution1089 Words   |  5 Pagesdifferent time periods. First, was the Scientific Revolution when many scholars created new ways of thinking about the natural world. The Scientific Revolution ended around the late 1600s. Although this time period was over, common ideas spread to the next period. The s econd time period in the Age of Reason was the Enlightenment. The Enlightenment was when scholars and philosophers started to reevaluate old aspects of society and how it functions. The Age of Reason was made up of science revolutionistRead MoreThe Enlightenment : Main Ideas Of The Enlightenment800 Words   |  4 Pagesfreedom was another prominent theme of the Enlightenment. By this, we mean the idea that man is endowed with certain liberties or rights. These rights were believed to have been granted by God and/or nature. Enlightenment figures typically espoused ideas of equality and human dignity. The Enlightenment had individual freedom with certain unalienable rights is very much in line with the Enlightenment concept about individual freedom.In addition Enlightenment philosophers main idea was too writeRead MoreThe Enlightenment Ideas Of The American Revolution1423 Words   |  6 PagesEnlightenment’s ideas in the American Revolution People in America were mad and broke. The colonies did not like the idea of paying high taxes to the King of England. In order to show their rage and anger, they did it by not paying taxes. The King of England was frustrated by the colonist s action and send an army to the Americas to sort this problem out. However, the people of America wanted to be free from England, so with the help of the Enlightenment thinkers and the philosophers, they startedRead MoreThe Candide By The French Enlightenment1377 Words   |  6 PagesIn the novel Candide by the French Enlightenment writer and philosopher, Voltaire, the use of satire is highly prevalent. Voltaire took many of the follies and views he disagreed with during the Enlightenment and satirized them in this highly unrealistic and exaggerated novel. The events throughout the novel, even if they have some connections or roots in historical events, are seemingly preposterous and embellished because of Voltaire’s heavy use of satire . However, Voltaire merely uses these embellishmentsRead MoreThe Enlightenment And The Enlightenment During The Scientific Revolution1686 Words   |  7 Pagestherefore the motto of the Enlightenment,† (Kant). The Enlightenment consisted of the ideas of nature, reason, progress, and optimism. Sir Isaac Newton, a scientist during the Scientific Revolution, greatly influenced the Enlightenment due to his stance on natural law. The idea of a social contract, where the power to govern came from the consent of the governed, was a major force during this time period. Adam Smith, a physiocrat from Great Britain, supported the idea of laissez-faire economics.Read MoreJohn Locke And Natural Rights1049 Words   |  5 Pagesthoughts and ideals were appearing. During this time, famously known as the Enlightenment, philosophers thought of ways to better governments in the world. There were six main ideals that arose from this time period: progress, reason, natural rights, separation of p owers, the social contract and laissez-faire. These ideals shaped many governments throughout the world. The most significant ideal is natural rights. The idea of natural rights influenced many people over time and that can be seen throughRead MoreTo What Extent Was The Enlightenment The Main Driving Force Behind The American And French Revolutions?1479 Words   |  6 PagesI. Source Evaluation This investigation focuses on the causes of Atlantic Revolutions and will explore the question: To what extent was the Enlightenment the main driving force behind the American and French Revolutions? The years 1685 to 1815 (Strayer, 2011) will be the focus of this investigation to allow for an analysis of the Enlightenment ideas’ impact the need for governmental change in the American colonies and France during the eighteenth century, as well as their governmental influences

Presidency as an institution Essay - 1239 Words

The Presidency as an institution Both the administration of Carter and Reagan were shaped by the Cold War in the aftermath of Watergate. Watergate created cynicism of the government, which in turn made governing difficult both intentionally as well as improvisational because the institution of the President was seen as acting in the best interest of itself. President Jimmy Carter and President Ronald Reagan both had their difficulties as President. Carter had terrible problems with economics as our country underwent high unemployment as well as many other economic problems. Reagan was one of the unfortunate Presidents that had to deal with assassination attempts. Both Presidents had great accomplishments both foreign and domestic. Carter†¦show more content†¦He invited Sadat the Prime Minister of Egypt and Israeli Prime Minister Menachem Begin to meet with him at Camp David in an effort to reconcile the two nations. Carter helped secure an agreement between the sides and won national as well as world wide p raise for helping the sides come together in peace. This success was near forgotten when in 1979, a mob of Iranian students stormed the American embassy in Tehran, taking ninety hostages. On top of this Muslim fundamentalists seized power in Iran, cutting off oil supply to the United States. This only worsened economics in America, and Carter was blamed for the economic problems Page 3 of the United States. The economy dipped so much that inflation rose to an astronomical figure of 18%. Inflation rates stuck around in double figures for most of the time during the end of the Carter Presidency. High unemployment rates as well as high interest rates were put on the back burner as Carter tried to solve the Iranian hostage crisis as well as the shortage of fuel, which is one of the reasons why the economy spiraled downhill. As far as improvisational, Carter struggled in dealing with the Iranian Hostage Crisis. No plan was ever developed for the release of the hostages on a diplomatic level. This lead to a disaster of sorts in rescue attempts. Carter ended up never resolving the crisis, and it didn’t endShow MoreRelatedPresidency as an Institution1265 Words   |  6 PagesThe Presidency as an institution Both the administration of Carter and Reagan were shaped by the Cold War in the aftermath of Watergate. Watergate created cynicism of the government, which in turn made governing difficult both intentionally as well as improvisational because the institution of the President was seen as acting in the best interest of itself. President Jimmy Carter and President Ronald Reagan both had their difficulties as President. Carter had terrible problems with economics asRead MoreThe Legal Approach Of The American Constitution889 Words   |  4 Pagesany tyrannical regime because it is all about laws and legislatures. In here, the American constitution is very important and leads the way. It shows that how the constitution plays a role in presidency. Through this, the significant advantage of this approach is that the president and his or her presidency is controlled by the constitution, laws, legal precedents and customs. The legal approach limits the power of the president, and put some bou ndaries of the presidential warrant, reach and powersRead MoreThe African American Wom Shaping Of A Leader1558 Words   |  7 Pagesthe upward mount of African American women in leadership positions, the possibility of the decrease in this population is inevitable. In 1834, Oberlin College in Oberlin, Ohio was the only institution that did not discriminate in the admission of students due to race or sex (Watson, 1977). This institution admitted four young women into a core curriculum, allowing for Oberlin College to be the first co-educational school of higher education in the country (Watson, 1977). Although the opportunityRead MoreHow Does One Achieve Presidential Greatness?820 Words   |  4 Pagesorder† in order to achieve greatness. In other words, he must create new institutions, interests, and ideas or reform the current institutions, interests and ideas that shape a political era. (Morone and Kersh 2013) . Immediately, the president must clarify the vision and direction the era his presidency will usher in. According to the Morone President Washington, set the bar for establishing greatness in the presidency â€Å"He [Washington] embodied the new nation. He championed American ideals, spokeRead MoreEssay on The Exceptional Presidency of Abraham Lincoln1019 Words   |  5 PagesWhen Abraham Lincoln was elected president, he inherited a nation entrenched in chaos. Throughout his presidency he led the Union through a trying period highlighted by the secession, the institution of slavery, and the greatest internal conflict in the history of the United States, the Civil War. Lincoln stuck to his principles during this arduous time and through this was able to re-unite the nation. With no historical precedents to help validate his actions, Lincoln still succeeded in bringingRead MoreThe Legacy Of Abraham Lincoln s Presidency1589 Words   |  7 PagesThroughout the time of Abraham Lincol n’s presidency, Lincoln made a vast number of speeches and wrote many letters. These letters and speeches focused on a variety of topics and issues that were prominent before, during, and after the time of the Civil War. During this time, slavery was one of, if not the top main issue in the United States. Lincoln was very outspoken on his views of slavery, what he wanted to happen, and what he did not want to happen with the institution. One of the main points that LincolnRead MoreMemorandum to the Future President of the United States1353 Words   |  6 PagesBelow are a few suggestions that will help you deal with different challenges you will encounter during your presidency. THE WHITE HOUSE AND THE MEDIA The media will play an important part of your presidency. It is one of the most important institution. In this age, all the presidency moves are being watch 24/7. The media will be what helps create an image that will last your entire presidency, because of this it may adversarial relationship between the press and you. You must be able to use the mediaRead MoreAmerican President Is First Citizen852 Words   |  4 PagesThe first citizen of a nation can be seen as an individual who is at the head of his institution and also one of his own citizens. It may seem ironic or even impossible that a person can assume such high standing while maintaining the typical image of his fellow men. But with the unique structure of the American Government and the many interesting facets of its President, the American Presidency can assume such roles. Since the military is headed by civilian control, the Presidents status asRead MoreThe Politics Of The United States1315 Words   |  6 PagesThe US Presidency Having established a background into the British system of government we can now turn our attention to the United States of America. Located several thousand miles across the Atlantic, this global superpower has much in common with the United Kingdom, principally the values and institutions that render its political system democratic. That being said, the infrastructure of the system in place in the United States is vastly different from that of the UK. Trias Politica As a relativelyRead MoreEssay on The Role of Congress937 Words   |  4 Pages Congress has helped develop the Presidency as we know it today. This is because Congress argues over proposals and legislation proposed by the President. They are a major determent in whether bills turn into laws. But it’s not easy. One reason for this is because there are many powerful groups out there who argue about what should be discussed such as air pollution with the EPA or jobs. In order to run more efficiently, there are certain responsibilities that Congress has given to the President

Doctor Jekyll and Mr. Hyde, Frankenstein and Confessions...

The Gothic Novels of Doctor Jekyll and Mr. Hyde, Frankenstein and Confessions of a Justified Sinner The word Gothic, taken from a Germanic tribe, the Goths, stood firstly for Germanic and then mediaeval. It was introduced to fiction by Horace Walpole in Castle of Otranto, a Gothic Story, and was used to depict its mediaeval setting. As more novelists adopted this Gothic setting; dark and gloomy castles on high, treacherous mountains, with supernatural howling in the distance; other characteristics of the Gothic Novel could be identified. The most dominant characteristic seems to be the constant battle between the good and the dark side of the human soul and how that, given a chance, the dark side of human nature will†¦show more content†¦By drinking a magical potion, the second, evil personality of Dr Jekyll is actually given a physical form of its own, rather than just a mental hold over Dr Jekyll and is named Mr Hyde. Mr Hyde is even provided with a dwelling place of his own in Soho, the outcast area of London. When this creature of darkness is first brought into being, he is small and fragile, and appears to be warped, although nobody who meets this Hyde can put his finger on this abnormality. As Mr Enfield says, he gives a strong feeling of deformity, although I couldnt specify the point. During the novel, however, the Hyde personality strengthens and develops, flourishing as a result of the fulfilment of his evil pleasures, which had previously been denied him without a body of his own, eventually overpowering the good side of Doctor Jekyll. This doppel-ganger figure is typical of many other Gothic novels, including Confessions of a Justified Sinner, and is used when expressing the continual conflict in the human psyche. The setting of Doctor Jekyll and Mr Hyde does not at first appear to be in keeping with the conventions of the Gothic novel, as there are no looming mountains and crags with deep forests and ruined castles. In fact, it is set in London, but when I examined the setting more closely, I saw that the components of the Gothic setting had been adapted to the modern buildings and surroundings. The laboratory in which Dr Jekyll spends most of his time is described as aShow MoreRelatedBackground of Dr. Jekyll and Mr. Hyde Essay2077 Words   |  9 PagesBackground of Dr. Jekyll and Mr. Hyde The Strange Case of Dr Jekyll and Mr Hyde was published in 1886 and is one of the best known of Stevensons novels. It concerns the way in which an individual is made up of contrary emotions and desires: some good and some evil. Through the curiosity of Utterson, a lawyer, we learn of the ugly and violent Mr Hyde and his odd connection

Obligation Payment Interest Charges On Loan-Myassignmenthelp.Com

Question: Discuss About The Obligation Payment Interest Charges On Loan? Answer: Introduction The present study is based evaluation of given 5 case scenarios by applying Australian taxation provisions. For the solution of each case study, ILAC approach will be applied in to provide a viable solution to the taxpayer. In the previous twelve months, Eric had acquired, and sold capital assets thus present part of study deals with computation of net capital gain or loss for the year by considering the transaction value of each item. Legal provisions Table 1: Other method for computation of net capital gain or loss Method Description How to calculate Individual who hold assets for less than a year, this method is for them (Harding, 2013). To identify if individual obtained the asset at the least 1 year before the capital tax gain event, exclusive of both acquisition and event date (Australian Taxation office, 2017). This method is considered to be the most common method to calculate CGT. Deduct the cost of the asset from the sale price. Application of described provisions Table 2: computation of net capital gain or loss by considering transactions of Eric Assets Purchase value Sales value Loss or Gain Antique vase $2 000 $3 000 $3 000.00 - $2 000.00 $1 000.00 Shares $5 000 $20 000 $2 0000.00 - $5 000.00 $15 000.00 Painting $9 000 $1 000 $1 000.00 - $9 000.00 -$8 000.00 Antique chair $3 000 $1 000 $1 000.00 - $3 000.00 -$2 000.00 Sound system $12 000 $11 000 $11 000.00 - $12 000.00 -$1 000.00 Net capital gain $5 000.00 In accordance with the above calculation it can be said that there is a net gain of $5 000.00 to Eric, so he is liable to pay tax on the net computed amount. Brian is working as an executive in a bank. In its remuneration package part, the employer of Brian offered him a 3-year loan of a total amount of $1m at the rate of interest of 1% per annum (payment to be made on a monthly basis). operations would assess calculation of the taxable value of this FBT regarding the 2016 and 2017 Fringe benefit year and effect if interest was to be made at the loans end instead of monthly payments and in the situation where the bank had released Brian from the obligation of payment of the interest charges on loan. Legal provisions FBT arise when the loan arise if the loan is offered to the employee, in which no or less interest if charge upon loan (Faccio and Xu, 2015). Fringe Benefit's taxable loan value is determined by the interest rate charged on loan and standard interest rate which is 5.65% as per TD 2016/5 for FBT year1 April 2016 to 31 March 2017 (Braverman, Marsden and Sadiq, 2015). Application of described provisions By applying above described provisions computation of taxable value on which FBT will be payable is as follows: Table 3: Statement showing computation of taxable value on which FBT will be payable Particulars Loan amount Interest rate Amount[1] Interest obligation of Brian as per special interest rate $1 000 000 1% $10 000.00 Standard obligation of Brian as per statutory rate $1 000 000 5.65% $56 500.00 Net benefit attained $46 500.00 If the interest rate is payment is made on the year end instead on a monthly basis, then interest will be consistent. However, if the brain got a release from the bank for paying interest than the total interest @5.65%, i.e. $56500 and same will be considered as taxable value. Jack is an architect and his spouse Jill is a housewife, they lend money in order to purchase a rented property being as joint tenants. They agreed to a written contract which stated that Jack is allowed profits of 10% from the total property and Jill is allowed 90% profits from the total property. The deed also provided in case property suffers from loss, then Jack is entitled to the total loss incurred. In the previous year, there was a loss $10,000. Thus; this part of the study is focused on the evaluation of allocation of revenue as well as a loss for tax purposes. Legal provisions Distribution of profit and loss must be done if the Co-owners are not running a business of rental property, in regards to rental premises along with their legal interest in the premises. In case they have premises as joint tenants, each holding same interest in premises (Australian Taxation office, 2017). In general, tenants might hold an imbalanced interest in premises, for instance, an individual may have interest of 20% and the other having the interest of 80% (Woellner and et al. 2016). Income and expenses from rental must be credited to both the co-owners as per the propertys legal interest, irrespective of any contracts held between co-owners (oral or written), stating otherwise. Application of described provisions The rental property was purchased by Jack and Jill being as joint tenants. They both agreed share income and bear loss from the premises as follows; Jack Jill Ratio for distribution of profit 20% 80% Ratio for distribution of loss 100% nil Having or renting out a sole property does not amount to carrying on business. Both Jack and Jill are not considered as partners by the general law; however, their relationship will be treated as a partnership for the purpose of income tax. Profits and loss occurred from the premises must be shared in the equal ratio as they are having 50:50 share in the business. Their deed to share income and losses in various ratios is a personal agreement that contains no influence on the purpose of income tax. By considering the above-described provision, it can be stated that loss of 50% will be entitled to Mr Jack for the purpose of income tax. Furthermore, if in future they decide to sell the property then also above cited provision will be applied according to which Jack can claim 50% of capital gain or loss. According to the case facts of Duke of Westminster v CIR 19 TC 490, Duke had promised to pay the extra amount to gardener if they provide additional services. The agreement takes place in written format. However, this management was formed with the mere objective to take a deduction with the objective of tax evasion. In the case situation of Duke of Westminster v CIR 19 TC 490, the rule was introduced that; Each and every person is allowed to organize their own affairs, as the tax attached as per the suitable action will be minimum (Crook and Kemp eds., 2014). This principle is preferred by various individuals, and they would like to see the implementation of this rule on a constant basis after the introduction of any general anti-avoidance rule in Australia. Application of described provisions In the previous year, the constitution has been establishing that needs advisors to inform HMRC of some scheme kind that can form tax evasion. However, this will be not be seen in the all over the board, and it stays to be observed that what actions will be taken while receiving such type of notifications (AbdulRazaq and Adam, 2015). It might be observed in settlement of time when these rule will act as an originator to the establishment of new provisions rather more wide-ranging existing provisions. Lord Wilberforce found that even though the principle of Duke of Westminster prevented the court from looking after a real transaction to certain supposed fundamental substance, it will not oblige the court to look over the document in blinkers, inaccessible from any context to which it properly belongs. The court must determine the transactions legal nature by which it is required to make attachment of a attach a tax or a tax result and in case it comes out as series or mixture of transactions, aimed to work as such, it is that combination or series which is required to be considered by regulatory authorities in case analysis. In such type of cases, the representative must search out facts and further make a decision by considering the matter (reviewable) of law to categories whether the issue is covered in the composite transaction and it is supported by the independent transaction. By considering this fact, it has been made clear that the scheme was only for the tax avoidance, without commercial justification, the purpose was to pursue all it stages to complete end. It would thus be irrelevant to assess just one step in the Business process of isolation. Bill owns a huge land of which there are extensive tall pine trees. Bill aims to make use of land by grazing their sheep and thus desires to make it clear from the start. He discovered that a sorting business is arranged to pay him $1,000 for every 100 metres of timber to logging company which it can take from his land. Thus present part of study deals with providing advice to Bill as to inform him would be assessed from the receipts from this cited arrangement and consequence if he gets lump sum payment of $50,000 for granting a right to the logging company for removal of timber as much as required for his land. Disposal of standing timber, not in the ordinary course of business According to point 22 of ruling TR 95/6; a taxpayer owning disposal of trees, that is planted and have a tendency for the sale purpose might result in the inclusion of sale value in the assessable income in the year in which disposal takes the place of taxpayer under subsection 36(1) (Sceales, 2015). This might so if or if not the taxpayer is running a business of forest work, from the time the taxpayer is running the business and disposal of trees is not done in the regular business course. For applicability of this provision, primary requirement isthat the trees must represent the business entirely or part of it. Next, the point 2s of ruling TR 95/6 reveals that the trees value must be either; On the day of disposal the market value will be considered; or According to paragraph 36(8) (a) if Commissioner has an opinion thatthere is lack of evidence of the MV that value which is considered by the Commissioner. Disposal of rights to standing timber As per the point 25 of ruling TR 95/6, a taxpayer who is running the forest operations might put its standing timber into a sale by providing permission to a person to remove it, either having the right or not to cut the timber. The income has been generated from the sale purpose can be assessable according to subsection 25(1). Furthermore, royalty will be received by the taxpayer in regards to providing right for procurement of timber on land possessed by the taxpayer will be part of the assessable income of the taxpayer according to (subsection 25(1)) (Barkoczy, 2016). This provisions will be considered in the computation of assessable income of the recipient irrespective of the fact that granting the right by the taxpayer is not carrying on a business of forest operations. Application of described provisions Table 4: Application of ruling TR 95/6 on the cited case Transaction Applicable section Assessability of income Situation 1 Disposal of standing timber by Bill for $1,000 for every 100 metres of timber to logging company, not in the ordinary course of business 36(1) Yes Situation 2 Disposal of rights to standing timber 25(1) Yes In accordance with the applicability of above-described provisions, if only timber is sold than income will be assessable under section 36(1) and in case of rights for lump sum amount is sold then taxability will be under section 25(1) and computation will be according to point 25 of ruling TR 95/6. Conclusion In accordance with the present case study; conclusion can be drawn that tax payers are required to consider relevant provisions to determine tax liability and should comply with the same to discharge their obligation in an appropriate manner. References AbdulRazaq, M.T. and Adam, K.I., 2015. Anti-Avoidance Legislations: Issues Doubts in the Application of Tax Rules in Business. AGORA Int'l J. Jurid. Sci., p.1. Barkoczy, S., 2016. Foundations of Taxation Law 2016.OUP Catalogue. Braverman, D., Marsden, S. and Sadiq, K., 2015. Assessing Taxpayer Response to Legislative Changes: A Case Study of In-House Fringe Benefits Rules. J. Austl. Tax'n, 17, p.1. Crook, T. and Kemp, P.A. eds., 2014. Private rental housing: Comparative perspectives. Edward Elgar Publishing. Faccio, M. and Xu, J., 2015. Taxes and capital structure. Journal of Financial and Quantitative Analysis, 50(3), pp.277-300. Harding, M., 2013. Taxation of dividend, interest, and capital gain income. Sceales, R.W.F., 2015. A review of the trend in the judicial interpretation, and judicial attitudes towards tax avoidance in the United Kingdom, Australia and South Africa, with reference to the" declaratory" and" choice" theories of jurisprudence (Doctoral dissertation). Woellner, R., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2016. Australian Taxation Law 2016. OUP Catalogue. Australian Taxation office. 2017. Co-ownership of rental property. [Online]. Available through https://www.ato.gov.au/Forms/Rental-properties-2013-14/?page=5. [Accessed on 14th September 2017]. Australian Taxation office. 2017. Working out your capital gain. [Online]. Available through https://www.ato.gov.au/General/Capital-gains-tax/Working-out-your-capital-gain-or-loss/Working-out-your-capital-gain/. [Accessed on 14th September 2017]

Motivation in Apollo 13 Essay Example For Students

Motivation in Apollo 13 Essay In contemporary organizations, motivation is a very hot issue. Not only in a large corporation but also in a team or a group, how to motivate teammates has already become the most important theme. As Westwood (1992) said, motivation can be defined as â€Å"an internal state giving rise to a desire or pressure to act†. However, in the field of management, there are a large numbers of motivation theories. Therefore, this essay will investigate three types of motivation theories from a film-Apollo 13 (1995). It will provide some useful insights into how it might feel to work or manage in an organization. Analysis The first section of the film shows us Maslow’s Hierarchy of needs theory. At the beginning of the film, one of the astronauts Ken felt he hadn’t controlled the machine expertly when he practiced with his partner what might increase the risk of safety. Therefore, in order to decline the risk when him drives the spacecraft in the outer space, him pushed himself to spend more time on practicing. Like Judge et al. ’s (2002) meta-analysis, which demonstrated an average correlation of 0. 26 between conscientiousness and job satisfaction. In the analysis, the teammates pay more attention on the details or individual’s high in conscientiousness. In this issue, because of the high risk in outer space, it motivated Ken to promote his own skills of controlling. Therefore, they were still in the second level of Maslow’s theory. More positive practices could increase the survival probability in the solar system. Only after they completed the safety level, they will seek for the higher demand. To sum up, in this part, Ken motivated himself according to Maslow’s theory. Increasing the level of safety impel him do more exercises on flowing the space shuttle. The next section of the film embodies the goal-setting theory what could also motivate the group members. In the film, the doctor who works for NASA said Ken might get the measles in the space. Therefore, the organization changed him into another person Jack what give Ken a huge attack. However, when NASA need him to imitate a plan what might save the astronauts who were in trouble in the outer space. He set a clear goal to motivate himself completed the mission. According to this section, to the extent, Ken might be a person who has the sense of responsibility. Staw et al. 1986) argued that individual disposition may have a profound influence over how the working world is perceived, and this is also to affect the type of jobs that are sought to a large extent. In another word, that means the person knows what is important to individual. They had a specific target. Therefore, this goal will motivate the group members to achieve the success. Moreover, it is also another feature about self-actualization needs. Furnham (1997) speculated that extraverts might be highly motivated by intrinsic factors such as recognition and positive feedback. Overall, a clear goal could motivate the group members to achieve success faster than usual. It will also give them a stage to be self-actualization. The last section of the film is that the leader of the NASA Gene, he is always very confident and decisive. He transfers the positive energy to his subordinates. It illustrates the affects from managers. As Amabile(1998) said, they provide an ideal lever for performance management and control practices to foster firm performance in knowledge-intensive firms. Practitioners thus may want to think particularly carefully through the pros and cons before implementing changes to their organization control system. Therefore, as a leader he must set himself as an example to his subordinates. He should encourage people to complete their own job. In another word, managers should know the individuals’ needs, and define the outcomes available from the group. Finally, he should also ensure that each individual has the ability and support needed to attain outcomes. Make a short summarize, leaders are like a soul of a team or an organization. .ud3ff3905d05de44277fe1f29892024de , .ud3ff3905d05de44277fe1f29892024de .postImageUrl , .ud3ff3905d05de44277fe1f29892024de .centered-text-area { min-height: 80px; position: relative; } .ud3ff3905d05de44277fe1f29892024de , .ud3ff3905d05de44277fe1f29892024de:hover , .ud3ff3905d05de44277fe1f29892024de:visited , .ud3ff3905d05de44277fe1f29892024de:active { border:0!important; } .ud3ff3905d05de44277fe1f29892024de .clearfix:after { content: ""; display: table; clear: both; } .ud3ff3905d05de44277fe1f29892024de { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud3ff3905d05de44277fe1f29892024de:active , .ud3ff3905d05de44277fe1f29892024de:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud3ff3905d05de44277fe1f29892024de .centered-text-area { width: 100%; position: relative ; } .ud3ff3905d05de44277fe1f29892024de .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud3ff3905d05de44277fe1f29892024de .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud3ff3905d05de44277fe1f29892024de .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud3ff3905d05de44277fe1f29892024de:hover .ctaButton { background-color: #34495E!important; } .ud3ff3905d05de44277fe1f29892024de .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud3ff3905d05de44277fe1f29892024de .ud3ff3905d05de44277fe1f29892024de-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud3ff3905d05de44277fe1f29892024de:after { content: ""; display: block; clear: both; } READ: Movie Summary - Dogville by Lars von Trier EssayHe could encourage the subordinates to achieve their own goals. He could also give the other team members confidence on their job. In the film, Gene acted as a leader perfectly. When the NASA was in a big trouble, he didn’t swap his teammates. On the contrary, he knew everything of his mates, and push them to conquer the issue save the astronauts lives. Discussion and Conclusion According to the three sections from the movie what I have mentioned in the first half of the essay. It is obviously that motivation is an indispensable part of management. In an organization or a group, motivation could cause the work efficien tly. Especially when the group members feel that they will be in danger if they do not complete the case well. Therefore, due to be safe, they will motivate themselves to work very hard. This feature is very clear in the first section when Ken felt he hadn’t controlled the spaceship expertly, he was on his own initiative that practiced more and more times before they fly to the outer space. In this part, the group members’ need is only safe. On the other word, they are not aware of other things. However, after they achieved this goal. They will seek for the further destination. It is Maslow’s Hierarchy needs theory that I had demonstrated before. In addition, the second section shows us another motivation theory-goal-setting theory. In this theory, group members they do not only concern about safe. Moreover, most of these people think some easy jobs cannot bring happiness. They need some appropriate jobs what are full of challenge to realize themself value. In this movie, though Ken didn’t want to be in the terrible situation, he was pushed to be in the trouble. However, he still burdened the pressure. And he set a goal for himself-imitating a plan what can save the astronauts’ life. From this part, the group members they look forward further about their job. Safety and some other needs cannot motivate them to accept and complete the work. Therefore, for these people, most of them are seeking for something new and full of challenge. To a large extent, it is similar to the most advanced level of Maslow’s Hierarchy theory. In this level, group members are seeking for self-actualization needs. They do not care about the safety, social and esteem needs any more. Only self-actualization needs could motivate them to finish their own job. Finally, the leader plays as a significant role in organizations or groups. A positive lead could motivate the subordinates. For example, in this movie, NASA has an extraordinary leader Gene. When the space shuttle was exploded in the outer space, he was not flustered. He was very confident and gave his subordinates courage to work out the problem. From this case, it is explicitly that an eligible manager could improve the work passion. Therefore, the effect of leaders’ emotions on their teams’ performance depends on the teams’ general level of epistemic motivation-that is, the extent to which team members desire to develop and maintain a rich and accurate understanding of situations (Kruglanski, 1989). To sum up, in the current organizations and corporations, the managers are also irreplaceable and they will lead the teammates achieve the goal. Implications for Managers Via the movie, it is a representative example for motivation. In an organization, there are many sorts of teammates. Therefore, how to integrate all these people together for one goal is the basic issue for all managers. As a successful leader, he should distinguish from the different types of the subordinates. Then, he can use different policies to motivate the teammates. It will be more efficiency to achieve the team goal. Additionally, team leaders are always the soul of a team. He should burden more responsibilities than the others members. Especially when the team is in trouble. In the trouble, most of people will feel more stress than usual. They might also be swapped by some external factors. Therefore, leaders should give the subordinates courage and clam them down to a large extent. As a conclusion, some appropriate controls from leaders are definitely necessary in an organization. .u6ff469492558b2932c869cb3a100a975 , .u6ff469492558b2932c869cb3a100a975 .postImageUrl , .u6ff469492558b2932c869cb3a100a975 .centered-text-area { min-height: 80px; position: relative; } .u6ff469492558b2932c869cb3a100a975 , .u6ff469492558b2932c869cb3a100a975:hover , .u6ff469492558b2932c869cb3a100a975:visited , .u6ff469492558b2932c869cb3a100a975:active { border:0!important; } .u6ff469492558b2932c869cb3a100a975 .clearfix:after { content: ""; display: table; clear: both; } .u6ff469492558b2932c869cb3a100a975 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u6ff469492558b2932c869cb3a100a975:active , .u6ff469492558b2932c869cb3a100a975:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u6ff469492558b2932c869cb3a100a975 .centered-text-area { width: 100%; position: relative ; } .u6ff469492558b2932c869cb3a100a975 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u6ff469492558b2932c869cb3a100a975 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u6ff469492558b2932c869cb3a100a975 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u6ff469492558b2932c869cb3a100a975:hover .ctaButton { background-color: #34495E!important; } .u6ff469492558b2932c869cb3a100a975 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u6ff469492558b2932c869cb3a100a975 .u6ff469492558b2932c869cb3a100a975-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u6ff469492558b2932c869cb3a100a975:after { content: ""; display: block; clear: both; } READ: Film Marketing In Australia EssayBibliography: Amabile, T. M. (1998), How to kill creativity, Harvard Business Review, 76, September-October, pp. 77–87. Furnham, A. (1997), The Psychology of Behaviour at Work, 1st ed., Psychology Press, London. Judge, T.A., Heller, D. Mount, M.K. (2002), â€Å"Five-factor model of personality and job satisfaction: a meta-analysis†, Journal of Applied Psychology, Vol. 87, pp. 530-41. Kruglanski, A. W. (1989), Lay epistemics and human knowledge: Cognitive and motivational bases. New York: Plenum. Staw, B.M., Bell, N.E. Clausen, J.A. (1986), â€Å"The dispositional approach to job attitudes: a lifetime longitudinal test†, Administrative Science Quarterly, Vol. 31, pp. 56-77. Westwood, R. (1992), Organizational Behaviour: South East Asian Perspective, Longman, Hong Kong. pp222.