Essays on Intermediary

Introduction

MasterCard Incorporated is a multinational financial services provider listed on the New York Stock Exchange. MasterCard provides electronic payment cards and other financial services for banks in the United States and around the world. This report will focus on the business environment within which MasterCard operates and how its internal and external environments interact to define its current status as financial service provider. This will include the company analysis which will be an inquest into the internal elements of MasterCard and its activities. The competitors and competition processes faced by MasterCard will be considered. Then the research will provide ...

(Insert address)

Owen Wilson,

Director-Wilson Enterprise, P.O BOX-4050-99-30, Washington DC. Dear Sir, RE: SALE OF PART OF YOUR HAY FIELD TO YOUR BROTHER LUKE. I am writing to you this letter to bring to your attention the existing rules of the land (US LAWS) that governs the intended sale of your property to your brother Luke. Under section 1031, of the property exchange laws, like-kind exchange method is described. In this section, like-kind exchange is the process of deferring your tax payment when you sell your property, so long as you meet the IRS conditions. The conditions are as stated below. ...

2017-01-02

Abstract The issue of such parasitic disease as toxoplasmosis is presented in this paper. This disease is caused by the pathogen Toxoplasma gondii. The cases of toxoplasmosis are more prevalent in African countries and countries of Latin and South America. The toxoplasmosis usually has final and intermediary owners: domestic animals (primarily cats) are the intermediary owners and they can infect human. There are different forms of the toxoplasmosis. The adult organism with the strong immune system may not even notice that he is sick. At the same time, the common symptoms of the toxoplasmosis are similar to the acute ...

Third party intermediaries are persons, teams, and organizations who are involved in the conflict to resolve it. The people are professional conflict resolvers who are hired specially to help the disputing parties to resolveand manage the conflicts. The mediation, fact finder, and binding arbitrator are most active and powerful types of intermediary in the U.S. Mediation are neutral party that plays an important role in handling the conflict. They facilitate others and arrange meetings, set agendas, and develop productive discussion. They process the discussion and move the parties towards win-win agreements and mutual understanding. For example, if any conflicts ...

Q1a. From the information contained in the case study above, conduct an analysis of Tesco’s external environment using the STEEPLE model. Your analysis should cover and identify each of the factors as they relate to the case study. (16 marks)

The external environment of a business can be evaluated using a STEEPLE model, which incorporates seven external factors; sociological, technological, economic, environmental, political, legal and ethical (Block 1, Reading 5, p. 34). Here is a brief analysis of Tesco according to the STEEPLE model;

Sociological factors

The variety of business in the UK and across the world is going through ...

Finance is a vast area of discussion that requires one's dedication and interest to understand it better. Under finance, there are major issues like corporate financial policy which has a lot to be studied. The corporate fiscal policy is defined as an innovative corporate finance course that mainly touches on equity and debt management, for example, the descriptions of types of debt and equity, distribution policy and security issuance, for instance, the design of capital structure and securities that controls information problems. The sub-topics in securities and financial policy can be discussed in details as below.

Debt and equity management.

Debt and equity ...

Cost, control and coverage

The “pull” strategies entails getting channels to carry and sell a product while the “push” strategies entail requires motivation of the customers to ask for your brand name (Aswathappa, 531). The decision to go for either option is pegged on the producer’s need to control the pricing, make higher profits by varying the prices according to demand and market forces (Gorchels, Marien and West, 18). The quest to control the distribution process and coverage of the target market establishes the demand and consumer patterns thereby create needs that cause customers to ask for specific brand names. Intensive distribution ...

Executive Summary:

The competition in the market is growing and energy sector is not an exception. The saturation of the players is high and thus the intensity of competition is high. Windflow is a Company that has been serving its client since a long time; however the Company has not been able to set any competitive advantage in relation to the industry. In this scenario on the business level, there are two open options for the business. They are either to enter into a new market category or to create a unique strategy of positioning in the market. There are two ...

Introduction

The Empire Cruises is a private New York based cruise business, which offers public dinner cruise and private event charters. Major services of Empire Cruises include Birthday Cruise, Prom Cruise, Graduation Cruise, Anniversary Cruise, Sweet 16 Cruise, Cocktail Cruise, Lunch Cruise, Holiday Cruise, and Cruise Rental. It was established in 2010 and owns the city’s most popular event yachts that aim at offering the best cruise experiences at special events. The fleet of Empire Cruises is comprised of five incredible yachts namely Lucille, Jacana, Harbor Lights, Nautical Empress, and Liberty Belle. The deluxe experience offered by the Empire ...

Microenterprises such as small restaurants, landscaping services, and brick stores among others serve a critical role in the economy of a nation. In most cases, micro enterprises may not qualify for big bank loans. It is because of this that intermediary lenders offer them microloans. A microloan is a loan up to $50,000 for small businesses. In the United State, the U.S. Small Business Administration provides funds for the intermediary lenders, usually community-based organizations that have formal structures and experience in leading and technical support. Intermediaries would require collateral and a personal guarantee from the investors. The collateral ...

The American Express is a global financial company that dominates the credit card segment. The company generates revenue by interest charges and other fee. It issues cards independently and not as intermediaries; thereby bearing the total financial risk. The main competitors of AmEx in the Credit Card Processing & Money Transferring industry are Visa Inc., MasterCard, PayPal and KKR & Co. Visa and MasterCard are main arch rivals of AmEx in the “Credit Card Processing & Money Transferring” industry. Each of them has its credit card network; however, they use different ways to issue cards. Visa and MasterCard are not financiers which ...

Introduction

Money plays a vital role in the determination of income and employment . interest rate are a significant determinant of aggregate spending ad the Federal Reserve which controls the money growth and the interest rates is the first institution to be blamed when the economy of in trouble. Now the question arises what is money.

Money Definition

Money is a medium of exchange. Money is divided into commodity money and token money. To some economist there is difference between commodity money and token money. A commodity money is a medium of exchange which has a commodity value as distinct from a value ...

Trip to Disneyland

1.0 Tourism Distribution Channels 1.1Introduction Travel business and experience is one of the most dynamic sectors of the tourism industry. Visitors want to travel and have an experience of a lifetime. They have formed-perspectives of how they want their experience to be, putting stakeholders in this industry on the run as they endeavour to better performance and conform to the needs of their customers (Tran, Jeeva&Pourabedin, 2016). Customer perspective and the expectations they have is enough to make travel a reality that anyone can wish to engage in. Service delivery in the travel industry is varied before the final ...

Background Information of Enron

Enron’s history as an entire corporate entity begins in 1985 when Kenneth Lay arranged a formation of Enron by means of combining Internorth and Houston Natural Gas (NPR, 2002). Internorth and Houston Natural Gas operated as “natural gas pipeline companies”, therefore, Enron obtained ownership of and control over thousands miles of gas delivery pipelines connecting producers to customers via intermediary firms (Healy & Palepu, 2003, pp. 4-5). Hence, Enron was first engaged in buying natural gas from drilling companies and reselling it to intermediary companies which, in turn, sold it to final users (p. 5). In furtherance, Enron’s ...

1. Two Financial Intermediaries, their Functions and Role in an Economy Companies or organizations that connect different economic agents with surplus and deficit of funds are usually known as “Financial Intermediaries”. In their true essence, financial intermediaries pays an active role as channels between those who have large reserves of money to make investments and those who are in immediate need of money. Some common financial intermediaries are insurance companies, credit unions, banks and pension funds. Let us make discussion two financial intermediaries such as commercial banks and brokerage houses.

Commercial Banks

Banking institutions are financial intermediaries that collect deposits from ...

New Products

The agricultural sector is among the most vital sectors of the Indian economy although its share has dwindled as a result of the high growth rates in the other sectors such as services and industrial sectors (The World Bank Group, 2012). Despite this decline, agriculture remains the main source of livelihood for most Indians especially those in the rural areas. Consequently, this presents a very promising business opportunity for Caterpillar, Inc. In particular, the company will capitalize on this opportunity by manufacturing and selling small tractors below 50 horsepower and economical water irrigation system, which uses collected rainwater to ...

Marketing 300 CORE

Al Golzari Homework Assignment 1 25 points for each question. Partial credit will be given. Please type directly into this file and save and return with your last name as an extension to the file name. Please refer to the article I posted on Flipboard on Dec. 26 titled “Offering breakfast is a made-to-order success for McDonald’s.” As a consumer, I’m sure you know that for the past few months, McDonalds has begun offering breakfast all day in most markets. So far, this has led to initial success and appears to be working. What target markets is ...

Air Canada is Canada's largest carrier, which is one of the founders of the international alliance Sky Team. Today, it is capable of carrying out flights in 98 settlements in the United States, Canada, Europe, Australia and Asia (Aircanada.com). Together with our partners, this company carries passengers to 160 destinations.

Part 1: Enterprise Strategy and Air Canada

1. The airline industry has always been a very high-tech and, therefore, up to date with the developing global trends and requirements. The complexity of the business of air transportation is magnified by high responsibility to air travelers. With increasing passenger flows slightest failure in the processing and transmission ...

Business Problem

Chocoberry has decided that they will introduce their new chocolate flavored product after evaluating several ideas. The technical department is responsible for developing bar goods for the company. The new product varies from single ounce or bigger molded bars of chocolate made of milk, dark, inclusion containing (fruits, nuts, etc.) products. There are certain important decisions that are needed to be made in terms of Chocoberry’s choices of retail outlets, numbers that can be serviced, sales methods, intermediary channels, warehouse locations and control, and location in retail outlets. These distribution choices needed to be made to ensure the ...

ABSTRACT

The prevalence of Information and Communications Technology (ICT) facilitated the shift of operations in travel agencies from traditional to online platforms in the same way that the Internet changed how customers can access goods and services. The Internet enables customers to gain access to online travel agencies and choose to purchase travel-related products and services online. Nevertheless, previous studies prove that online travel agencies are finding it difficult to compete with one another and the adoption of ICT as a major part of operations present other problems that set barriers for the growth of online travel agencies. The widespread use ...

1. The basic idea of Snappy Auctions is to provide for customers an online platform for the sale of any goods from eBay. Snappy Auctions acts only as an intermediary in the contract of sale between the seller and buyer on eBay. Payment of goods and shipment takes place without the participation of the buyer as it is to take place on eBay. For the use of the platform customers pay a fee, usually made up of the percentage of the sale price. Since the profit of Snappy Auctions is directly dependent on the volume of sales, committed to this ...

Introduction

The airline industry mainly focuses on extensive planning, strategy and decision-making towards sustaining profitability and viability in operations. Through the inculcation of plausible operational policies, organizations manage to position themselves within an individual profitable niche. As such, various players within the airline sector inculcate diverse and individualized approach in operations that lead to differentiated outcomes. Thus, Allegiant Air is a performing company within US airline industry that has sustained its operations through specialized approach in operations. As such, the company has incorporated a low-cost approach that is driven by effective policies and performance approach. As a leisure and travel based carrier, its ...

Distribution strategies

PART A Introduction The fundamental scope of this paper is to discuss in detail the various distribution strategies that a motor scooter firm is going to distribute its high-cost scooter. Also importantly, the paper will identify and list all the strategies for motivating the dealership as intermediaries with a view of snatching them away from the competitors. In addition to that, the paper will mention the various advantages and disadvantages of the different strategies. Moreover, the paper will strive to evaluate the effectiveness and efficiency of each strategy as well as describe the distribution programming as a comprehensive strategy for ...

There are various development processes that a child goes through as he grows up. Through this development process, the children develop a form of communication as well as a language that they can best communicate in. this essay looks at various aspects of child development, and it is expected to shed more light on the development issues.

1. According to Plowden Report (1967, p. 2), language is the media through which people or other living beings use to relay information from one point to another. It is a way through which people pass on their ideas to others in a manner which is acceptable ...

Abstract

This paper is written in the form of an advice by a chief security officer to the CEO of a company. It shows the general physical and IT threats that a company is faced with and how it can be dealt with. The study shows that there are physical threats that affect a firm’s computer hardware. This includes threats to the hardware itself and threats to the premises and intermediary systems. IT threats includes threats to data security and breaches to the system. This can be handled through a strategic approach that involves risk assessment, formulation of an IT security plan and its ...

Abstract

Working in a multicultural health care setting calls for a workforce that clearly understand the ethical and legal considerations that exist in relation to culture, beliefs, background, as well as knowledge. While physician and nurses have the upper hand in ensuring quality health care as well as life sustaining measures, the patient holds a very critical role in dictating the care procedures that they prefer. Bioethics studies have had differing approaches to the issue of making informed consent to health care procedures. However, there is one thing that remains untouched. The greatest responsibility is the life if the patients and the satisfaction ...

MEMORANDUM

RE : PHARMACEUTICAL LAW AND LIABILITY Dr. Frankenstein may be held liable for products liability in the event that he fails to comply with regulations of the US FDA regulations. There are three theories under the product liability including the Negligence Theory, Strict Liability Theory, and Breach of Warranty Theory. It can be argued that the Wonkavision device is no longer patentable since it is considered part of a prior art for it has been in the market for almost 40 years. However, the fact that it can provide treatment of patients infected with Ebola will qualify it ...

A broker in the dictionary is defined as a go-between in making relationships or a middleman (for example, a stockbroker or an insurance broker). (Tennyson 8) A broker is any person engaged in the business of effecting transactions in securities for the account of others. (Compliance Guide to the Registration and Regulation of Brokers and Dealers) In general broker operates as an intermediary between different organizations or private people that are willing to cooperate as partners in a sustainable development initiative. There are internal and external brokers. Internal broker is a person, who deals within a partner organization and organizes negotiations and ...

Executive Summary

The probability function is also in the favor of the company, and found that the chance of earning high is effective and powerful as far as the effectiveness of the company are concerned. The company should go forward with the same aspect in order to grow its market substantially and effectively in different regions.

Introduction

Decision making is an important activity for an organization, and it is equally beneficial for the long term sustainability of an entity in a particular industry (Allayannis and Brown, 2005). The value of decision making can be analyzed with the fact that the whole effectiveness of ...

North America and Europe are the two main markets that have several similarities in terms of the freight transportation systems, implications of the policy at global level, and globalized trade. But, there are also many differenced in terms of the implication of the logistical strategies in particular territories. North American and European freight transport systems are similar in way that they are trying to configure the logistics and transport networks through the operational decisions and formation of the regulatory framework, which is paving the way to the emergence of the supply chain management practices at the global level. These ...

Introduction to Electric Battery for Aero-Space applications

The Engineering Company has decided to buy a small firm that has designed and developed an electric battery for aerospace application. Technological feasibility of the battery (rechargeable secondary battery) is established, and the final product needs to be designed for commercial use. A secondary battery is used as energy storing device, which is connected to and charged through a primary source of energy. The secondary battery will deliver the stored energy to the load on demand. Secondary battery has various applications in an aerospace environment, especially providing power remotely from a discrete source of power. Application of the developed battery in aerospace ...

Abstract

Theory of evolution as proposed by Darwin has for long hinged on the fossil records to prove the process of evolution. However, the prevalent gaps in the fossils led way to the development of the punctuated equilibrium theory that was proposed by Eldredge and Gould as an alternative to Darwin’s phyletic gradualism theory. The punctuated equilibrium postulated that speciation occurs in an isolated peripheral subsect of population as a rapid change after a period of stasis. Unlike the anagenetic speciation of phyletic gradualism, punctuated equilibrium promotes the concept of cladogenetic speciation. However, punctuated equilibrium does consider rapid anagenetic speciation as a ...

A THEOLOGICAL BOOK CRITIQUE

A Theological Book Critique Of the Requirements for the Course [XXX]

Day Month Year

Introduction. 3 Summary Critique 3 Critical Interaction 5 Jesus always alive 5 Jesus knew he was God 7 Conclusion 8 Introduction How God Became Jesus: The Real Origins of the Belief in Jesus’ Divinity is a collection of disputations against Bart D. Ehrman’s How Jesus Became God: The Exaltation of a Jewish Preacher from Galilee. Ehrman is an American New Testament scholar and professor of Religious Studies at the University of North Carolina at Chapel Hill. Michael F. Bird, an ...

Introduction to the organization

The organization that I have chosen for the purposes of the final project is the Medical University of South Carolina (MUSC). MUSC is the only comprehensive academic health science center in South Carolina (MUSC). The mission statement of MUSC is concerned with preservation and optimization of human life in South Carolina and beyond it. The main activities, conducted by the Medical University of South Carolina, include education of healthcare professionals and biomedical scientists; research in healthcare sphere, as well as provision of comprehensive healthcare services (MUSC). Principles that are used by the University to govern its activities include ...

Introduction

Business environment is a constantly changing and evolving force, which places emphasis on the operations of the companies and necessitates more focus on cost-effectiveness and operational efficiency. Nonprofit organizations often undervalue the role of supply chain management and strategic planning and, thus, find themselves in complex financial and operational situations. The purpose of this document is to look at supply chain operations of three organizations with one common indicator – their business model is based upon a social purpose and, thus, Corporate Social Responsibility (CSR) and responsible business practices are essential for the business (Senge & Prokesh 2010). The organizations, which this document ...

Lesson 7: The Budget Process

Lesson 8: Who Pays for Resident Care? Lesson 9: Inventories and Purchasing Lesson 7: The Budget Process - Describe the budget development process for an actual nursing facility - Nature of budget process Modern approaches require that small hospitals’ budgets reflect statistical; operating; capital and cash financial statements. Hospitals prepare their budgets based on anticipated income from patients through private insurance; Medicare/Medicaid. The process involves a top down’ ‘bottom up’ approach. The top down is the first step whereby team leaders/ supervisors set their profitability margin for the coming year. Once this aspect of the ...

Background of the Company

World Wide Technology (WWT) is a private company that handles technology and supply chain solutions .It concentrates mainly on commercial telecommunication and government sectors. Their core objective is to customers in arranging, procuring and deploying of information technology products and solutions to their premises. It was founded in July 1990 by David Steward and Jim Kavanaugh. Its headquarters are based in St.Louis Missouri in the United States Of America. David Steward chairs the executive board while Jim kavanaugh is the Chief executive officer. The company boosts of a workforce of more than 2200 employees throughout the world and annual revenue ...

Distribution

In the simplest of terms, distribution relates to the way in which goods reach the consumer from the manufacturer (Arestis, 1997). Ideally it is through distribution that the end user gets the goods. Distribution thus is critical to a business, and it is imperative for a business to adopt an effective distribution channel. An effective distribution channel from a consumer’s point of view means that they will get the goods at the shortest time possible, which is especially important for a restaurant business. From the manufacturer’s perspective, the channel should move more goods with little overall added costs. The most ...

Architecture basically refers to the practice of designing, styling or laying out carefully the complex structure, framework, anatomy or composition and organization of something. Three-tier architecture or n-tier architecture as it is commonly known within software engineering circles refers to a client-server architecture that logically separates presentation, data processing and data or information management. It provides developers with a relatively flexible platform that enables them to create and recreate reusable applications. It also saves developers time and energy by allowing them to modify or add layers instead or reconstructing, reworking or recreating the entire application. In effect therefore, it allows the ...

The Global Financial Crisis (‘GFC’) had a very dramatic impact on the domestic economies of a number of global nations, in a plethora of ways, typically replicating the fiscal and financial health of such nations. United Arab Emirates (UAE) was one such nation that had a serious impact of the GFC and since then the myriad challenges posed by the capital markets has been an interesting area of focus for the Middle East. UAE is one of the oil rich economies of the Middle East. During the initial and developing years of the last century UAE discovered new abundance and wealth from its ...

e-Bay case study

Introduction

eBay is an online seller. There is no need for intermediary in this type of business. It’s an ecommerce seller. There is a direct sale from seller to customer. All the activities of an intermediary are undertaken by the company itself.

Channel of distribution feasible for eBay

Producer consumer This is because eBay operates on a direct channel of distribution. Here the producer is selling directly to the consumer without the help of intermediaries. Direct channel involves selling face to face, or sales through computers or mails, etc. but there is no involvement of any distributor or any intermediary. There is just ...

The European System of Central Bank (ESCB) is governed by European Central Bank (ECB) and the National Central Banks (NCB) of European Union Member States. European Central Bank is the Central Bank of Europe Zone. ESCB is governed by the governing council and other decision making bodies of ECB. The governing Council is responsible for making monetary decisions and the Executive Board is empowered to implement monetary policy as per the framework of decisions laid by the Governing Council. Just like any other Central Bank, the core function of ECB includes maintain price stability of the local currency in ...

There are three types of religion orientations; prophetic, sacramental and mystical orientations. They are found in all world’s major religions and can either dominate or just be a part of it (Molloy, 2010). Sacramental orientation highlights resonating ritual and religious ceremonies that are conducted by certain religions. It is found in Christianity, Roman Catholicism and Buddhism. Sacramental orientation teaches that one has to perform certain rituals and ceremonies in order to be on the correct path of salvation. It is based on performing rituals. An example is when Christian churches hold sacrament for its members; it is a sign of ...

Origin of Species: A Reflection

Darwin (1859) offers a description to the events that are shaping the biological nature while resulting to the creation of a new species and biodiversity. Darwin argues that animal and plants characteristics are shaped and modified by the intervening environmental conditions. Single species of organisms may lose common features when exposed to varied intervening environments, while those that are placed in the same environment would retain the common features. Similar variations are known to effect under nature. Darwin argues that such changes are what have resulted in the biodiversity, as organisms are treated to varied environmental conditions. Naturally, organisms are ...

Accruals and Deferrals

In accrual accounting a financial transaction is recorded when it occurs but not when cash has been paid or received. This is because; the ownership of good in question has been transferred from the seller to the buyer. For example, many businesses opt to sell in credit so as to enhance their competitiveness in the market as well as to keep their loyal credit worth customers who may not have adequate cash to pay immediately in such cases a transaction should be recorded at the time the credit sale has been made. Accruals are inevitable when making supplies because in ...

1. Introduction

Cinema business has been developing in India for over a century, however it has been traditionally based on manual labour and very simplistic processes. However, the entry of the entertainment software leader from New Zealand, Vista Entertainment Solutions, has changed the situation in the market and has initiated a large wave of technology integration into cinema operations (Vista, 2012). The aim of this paper is to explore the success of Vista in the Indian market. Firstly, it analyzes the overall market environment in the cinema business in terms of the opportunities and threats it poses for Vista. Secondly, the paper examined ...

Introduction

Economic tools are used to analyze the production of goods and services in markets. They explain the outcomes and the relationship between the production and prices of different sectors. The production of prescription drugs is very expensive due to the research and development and marketing expenses. Companies are allowed to patent their drugs in order to recoup their costs creating monopolies in the market. This paper analyses monopoly and perfect competition market structures when it comes to prescription drugs. Companies offer benefits to employees by providing insurance for prescription drugs. What happens when consumers have to dip more in ...