Tuesday, May 19, 2020

The Death Penalty and Punishment for Crimes - 795 Words

The purpose of punishment is to keep an incident from reoccurring. While punishment doesn’t keep it from happening again, it helps. Execution and the death penalty have been used in most societies since the beginning of history. Penalties back then included boiling to death, flaying, slow slicing, crucification, impalement, crushing, stoning, decapitation, etc. The death penalty was used for reasons today that would go under cruel and unusual punishment. Today in the United States, execution is used mainly for murder, espionage, and treason. In some states in the US, death by firing squad is still used. (â€Å"Criminal Justice: Capital Punishment Focus†). 35 states, the U.S military, and the U.S government today use lethal injection as the main method of execution. (â€Å"Methods of Execution†) I believe that the death penalty is not the right way to punish people who have been convicted of murder. Topics that show that capital punishment is wrong are: people see the death penalty as eye for an eye. This means that we’re going to do onto you what you did to others and to get revenge. Other topics are how the system fails and its flaws, also the cost of the death penalty. The death penalty is wrong because in our society, looking at things eye for an eye will never solve anything. People who look at things eye for an eye are usually violent people. We want people not from the United State to know revenge will always make matters worse. Killing someone for killing someone sendsShow MoreRelatedThe Death Penalty Is A Punishment For A Crime926 Words   |  4 Pagesthat has the death penalty as part of the state’s sentencing options. Basically, the death penalty is a punishment for a crime, typically murder, where the individual is put to death by some approved execution method (e.g. lethal injection). The death penalty is mentioned in North Carolina’s constitution. Specifically, Article XI, section 2 of North Carolina’s constitution states that the General Assembly has the power to implement the death penalty as a punishment for specific crimes (N.C. ConstRead MoreThe Death Penalty Is The Punishment Of A Capital Crime2275 Words   |   10 PagesThe death penalty is the punishment of implementation administered to someone guilty of a capital crime. Death penalty is also referred to as capital punishment that also takes care of the implementation of the penalty once found guilty by the relevant authorities. The penalty laws, however, date as far as the 18th century during the reign of King Hammurabi of Babylon. This fact according to history codified the penalty for 25 different crimes (Murphy and Russell). It was also part of the 14 centuryRead MoreThe Death Penalty Is The Punishment For A Wide Range Of Crimes1607 Words   |  7 Pages Throughout history Capital Punishment or â€Å"the Death Penalty† was the punishment for a wide range of crimes. Capital Punishment was used by almost all societies to both punish crime and suppress political dissent. For example, execution was widely employed as a means of oppressing political dissent by fascist or communist governments. Also during the Eig hteenth century, Britain executed a person for 222 different crimes including stealing an animal or cutting down a tree. (JasperRead MoreEssay on Death Penalty: Capital Punishment and Violent Crime1570 Words   |  7 PagesCapital Punishment and Violent Crime Hypothesis Most Americans are pro-death penalty, even though they dont really believe that it is an effective deterrent to violent crime. Those who are pro-death penalty will remain so, even if faced with the best arguments of anti-death penalty activists and told to assume the arguments were absolutely true. Violent crime Violent crime is a major problem in the United States. According to the ACLU, the violent crime rate rose sixty-one percentRead MoreThe Death Penalty Is The Practice Of Executing People As Punishment For A Specific Crime Essay1146 Words   |  5 Pages2D 7A:Capital punishment is the practice of executing people as punishment for a specific crime. Throughout history, people have been put to death for serious criminals. Methods of execution have included such practices as injection, shooting and other forms. 2C According to Amnesty International (2007), ninety eight countries have abolished capital punishment. This proportion accounts for most of countires in the world. The death penalty is the most controversial penal practice in the modern worldRead MoreThe Death Penalty Should Be Legalized1229 Words   |  5 Pages The Death Penalty: Should it be Sentenced to Death? For many years, a controversial issue has been whether the death penalty should remain legal in the United States. Despite the fact that is is legal in only 31 states, some Americans argue that the death penalty needs to be completely abolished. Their view is that is is inhumane and constitutionally unjustified. On the other hand many believe it is a source of deterrence and is the only just punishment for some crimes. When it comes down to itRead MoreWhy the Death Penalty is Ineffective1552 Words   |  6 PagesWhy the Death Penalty is Ineffective The society constantly tries to reason with an effective way to respond to violence. Differences in opinion on the use of death as punishment arise from differences in religious, ethical, cultural, and morale perspectives. The role of death as a punishment for an offence has not been solved today, and remains a dilemma for the citizenrys political, legal, social, and religious thought. This is because an answer to the question is the death penalty effectiveRead MoreCapital Punishment Is Not A Better Than Life Imprisonment1400 Words   |  6 PagesCapital punishment is the legally authorized killing of someone as punishment for a crime. Although capital punishment is wrong and is the killing of a human being, capital punishment is legal in thirty-two of the fifty states in the United States, meaning that the other eighteen states outlaw it as a punishment for crime. States that capital punishment is legal in all have different guidelines for what is punishable by death, but mostly murder or other capital offenses are what is punished. CapitalRead MoreThe Death Penalty Is Justified1143 Words   |  5 PagesPeriod 2 Objective paper on the death penalty Capital punishment is legally authorized killing as punishment for a crime. The death penalty questions the morality of killing a person as justification for their crime. It also brings to question whether the death penalty actually serves as a deterrent for crime, and that some of the people executed are found innocent afterwards. The debates over the constitutionality of the death penalty and whether capital punishment should be used for retributionRead MoreEssay about The Death Penalty Should Be Abolished1479 Words   |  6 Pages The death penalty, also known as capital punishment is a legal procedure in which a state executes a person for crimes he/she has committed. This punishment has been implemented by many states, and is normally used for atrocious crimes, especially murder. It is also used on crimes against the state such as treason, crimes against humanity, espionage, and violent crimes while other states use it as part of military justice. There are mixed reactions on capital punishment depending on one’s faith

Essay about Welfare Fraud Betting Against the Odds

Title Welfare Fraud: Betting Against the Odds Introduction The issue that I have decided to address is welfare abuse. I propose that due to the government’s lack of foresight, welfare recipients have been cashing EBT benefits at ATM machines in California casino’s. Research question: Can something be done to ensure that welfare benefits will be used as intended by the recipients? Readers: Mainly Californian tax payers, but in a broader sense it could be anyone who is concerned about the welfare system, including recipients. This topic addresses the needs of the taxpayers to be informed about what is happening to their tax dollars going into the TANF program. At this time I am focusing on California, but I may include†¦show more content†¦Plan to Collect Information I will continue to use sources such as; newspaper articles, editorials, commentaries, magazine articles, books from the LBCC and Albany public libraries, databases, link to the Library of Congress, and a multitude of online resources. The article that alerted me to this issue made me think about the flaws in our welfare system. I also began to reflect upon the flawed character of the welfare recipients involved. I intend to consult with reference librarians at both libraries and perhaps a welfare representative if possible. I am mailing a questionnaire to Governor Schwarzenegger’s spokesman Aaron McLear. I do not expect a response, but if he did reply it would add credibility to my claim. I have also schedule an interview with a former California welfare recipient. I will ask her about her personal experience with TANF and the process of applying for benefits. I will also question what regulations were explained (written or oral) to her and what her understanding is o f the agreement she signed. She thinks that she still has a copy of that paperwork and is willing to share that with me for reference. I will be blacking out any personal information for her protection. I have tentatively scheduled that interview for this Sunday at 1pm. I didShow MoreRelatedCollege Student Gambling: Examining the Effects of Gaming Education Within a College Curriculum15937 Words   |  64 Pagescalculate gambling odds, and gambling behaviors were examined before and after exposure to gaming education. Seventy five percent of the students surveyed as the baseline group reported gambling within the past 12 months, with a minority gambling weekly or more, or gambling large amounts of money. At the semester end, follow-up findings showed that the students who received the gaming education intervention demonstrated significant improvement in their ability to calculate gambling odds and resist commonRead MoreGambling a Bad Bet5057 Words   |  21 Pagescity of Rome. The Bible records that Roman soldiers gambled for the garments of Christ (Matthew 27:35), an action predicted in the Old Testament (Psalm 22:18). In the latter eighteenth century, lottery proceeds helped to fortify Colonial America against the British. But if the history of its use is long, so is that of its misuse. Loaded dice were found in the ruins of ancient Pompeii. Corruption, it seems, is the inevitable bedfellow of gambling. Corruption notwithstanding, various polls and studiesRead MorePro and Con of Liberalized Gambling in Texas7402 Words   |  30 Pagesare, however, many fiscal arguments against gambling as well. Although gambling proponents always promise large tax revenues from gambling, a statewide survey shows that such promises are almost never fulfilled. For example, gambling proponents are currently claiming that introducing gambling to Texas can bring in $2 billion in tax revenue to the state. However, the entire State of Nevada only receives $1 billion in revenue each year. Another argument against gambling is the reduced power of theRead MoreThe Difference and Commonalities Between the Labor Law of Mainland China and Hong Kong11237 Words   |  45 Pages |2. Misconducts himself; | | |3. is guilty of fraud or dishonesty; or | | |4. is habitually neglectful in his duties. | | Read MoreLogical Reasoning189930 Words   |  760 Pages............................................................ 220 Exercises .......................................................................................................................................... 220 CHAPTER 7 Defending Against Deception ............................................................................. 226 Deception Is All Around Us ............................................................................................................. 227 ExaggerationRead MoreDoing Business in the Asia/Pacific Rim Region31325 Words   |  126 Pagesfunctions and powers including agreement making, award setting / modernization and employment related disputes. Occupational health and safety laws are governed at the State and Federal level. Employers have a strict duty to ensure the safety, health and welfare of employees and others present at the workplace. Employers and individuals face monetary fines and potential jail terms for individuals. Workers compensation laws govern at the State level. Anti-discrimination laws at both State and Federal levelRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesThe Basic Emotions 100 †¢ The Basic Moods: Positive and Negative Affect 100 †¢ The Function of Emotions 102 †¢ Sources of Emotions and Moods 103 Emotional Labor 108 Affective Events Theory 110 Emotional Intelligence 112 The Case f or EI 113 †¢ The Case Against EI 114 †¢ Emotion Regulation 115 OB Applications of Emotions and Moods 115 Selection 116 †¢ Decision Making 116 †¢ Creativity 116 †¢ Motivation 117 †¢ Leadership 117 †¢ Negotiation 117 †¢ Customer Service 118 †¢ Job Attitudes 119 †¢ Deviant Workplace BehaviorsRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesthe ratings you received to those received by other students in the class. (3) Compare the ratings you received to a norm group of approximately 5,000 business 42 INTRODUCTION school students (see the information below). (4) Compare your score against the maximum possible (510). For the survey as a whole, if you scored 394.35 422 or above 395–421 369–394 368 or below = = = = = mean you are in the top quartile. you are in the second quartile. you are in the third quartile. you are in the bottom

Wednesday, May 6, 2020

The Tragedy Of The Commons Essay - 1649 Words

The Tragedy of the Commons American Earth: Environmental Writing Since Thoreau is a diverse yet interconnected collection of essays by renowned environmentalist authors who have been influential in literature, religion, science, and politics. Each piece has a specific purpose and role that it plays in conveying ideas and themes. Many authors share their personal opinions on issues such as the world’s declining forests, the extinction of species, as well their intimate experiences with nature. However, the most influential essay in this book is â€Å"The Tragedy of the Commons† by Garrett Hardin (438). A multitude of pieces in this book tie into the tragedy of the commons and support its ideas in one way or another. In his essay Hardin discusses how the rapid decline of the world’s common places, such as natural animal pastures, are the result of rapid, uncontrolled human population growth. Hardin suggests that environmental problems such as deforestation, crowding out of native species, loss of resources, pollution, poor job economy, etc., are the result of the loss of common spaces. He indicated that common spaces used to be plentiful enough for every person to have an abundant share, but that was when the human population was smaller than the current population of 7 billion people. Hardin’s powerful essay proposes many solutions and methods for solving the ever increasing tragedy of the commons. â€Å"Ruin is the destination towards which all men rush, each pursuing hisShow MoreRelatedThe Tragedy Of The Commons1672 Words   |  7 PagesThe Tragedy of the Commons American Earth: Environmental Writing Since Thoreau is a diverse yet interconnected collection of essays by renowned environmentalist authors who have been influential in literature, religion, science, and politics. Each piece has a specific purpose and role that it plays in conveying ideas and themes. Many authors share their personal opinions on issues such as the world’s declining forests, the extinction of species, such as birds in Gene Stratton-Porter’s â€Å"The LastRead MoreThe Tragedy Of The Commons2562 Words   |  11 Pagesthat are important to understanding human-environment relations, the most significant would have to be the tragedy of the commons. Before explaining why that may be, understanding what the tragedy of the commons is will help give a better understanding to its’ significance. In other words, the main reason for the tragedy of the commons is the fact that humans are selfish when it comes to common goods, which are places that are op en for everyone to use. People tend to act rationally in their own selfRead MoreThe Tragedy Of The Commons1971 Words   |  8 PagesFew decades ago, clean water was â€Å"commons† (Hardin, 1968) to us. It was a natural resource shared by everyone and not owned by anyone. This â€Å"commons† was taken for granted to the extent that people exploit clean water without considering its finiteness. Resorts and factories dumped wastewater and ruined nearby rivers and oceans. People carelessly littered garbage and substituted the dirty water with diminishing clean water. They definitely benefited in terms of financial cost and comfort from theirRead MoreThe Tragedy Of The Commons930 Words   |  4 PagesWithin the article â€Å"The Tragedy of the Commons,† ecologist Garrett Hardin asserts that eventually all resources used in common will encounter overexploitation or degradation as these difficult to enclose systems incentivize individuals to pursue their own self-int erest while simultaneously behaving contrary to the common good of all users (Anukwonke, 2015, p. 3). Affirming that the absence of both state regulation as well as privatization inescapably encourages individuals to act selfishly so asRead MoreThe Tragedy Of The Commons2099 Words   |  9 Pagesand the environment located in this area. Groundwater depletion in this region developed partly because of a problem represented by the idea of the tragedy of the commons, which is expounded upon by Thomas Dietz, Elinor Ostrom, and Paul Stern in â€Å"The Struggle to Govern the Commons† (Dietz, Ostrom, Stern, 2003). The concept of the tragedy of commons evolves from the belief that individuals will undoubtedly act in their own self-interest when a shared resource, such as water or air, is at stake asRead MoreThe Tragedy Of The Commons1871 Words   |  8 PagesThe paper introduces the general idea of the Tragedy of the Commons. This idea is basically that there are many cooperative situations, including many that crucially involve social and political issues, in which some or all of those cooperating have an incentive to abuse the explicit or tacit agreement at the foundation of the cooperation. This idea has proven fruitful in understanding many sorts of problems, though its application to specific problems varies in terms of how literally or directlyRead MoreTphady Of The Commons : The Tragedy Of The Commons1043 Words   |  5 PagesIt is easy to imagine when Hardin (1968) wrote the Tragedy of the Commons; he anticipated things would get progressively worse over time, particularly if people did not respect the earth (Hardin, 1968). Although he did not mention any particular common, Hardin (1968) envisioned the world’s resources dwindling, as a result of peoples mishandling of them. Hardin (1968) explained that â€Å"tragedy† in â€Å"The Tragedy of the Commons,† is the cruel way things work. It may have seemed as though things inRead MoreTragedy of the Commons Essays886 Words   |  4 PagesGarrett Hardin’s article â€Å"The Tragedy of the Commons† illustrates the continuing problem of the commons. The article clearly illustrates the effects of the exponentially increasing population such as pollution and food. Possible solutions to the problems are stated in the article, but any and all solution will be difficult to accomplish and may not be effective because of man’s sense of freedom and selfishness. The commons is an area of land that belongs to the public as opposed to being owned byRead MoreTragedy Of The Commons Summary931 Words   |  4 Pagesâ€Å"Tragedy of the Commons† What is Garrett Hardin’s central idea in this article? The central idea of â€Å"The Tragedy of the Commons† is that, to ensure an acceptable, general quality of life, the human race must limit its population growth, ultimately through means of coercion. To reach this conclusion, Hardin works through multiple assumptions and their various conclusions. First is that we live in a world of finite resources. No amount of technical, technological, or agricultural innovation willRead MoreTragedy and the Common Man1191 Words   |  5 PagesArticle â€Å"Tragedy and the Common Man† In Arthur Miller’s essay â€Å"Tragedy and the Common Man,† Miller mentions tragedy as man’s struggle to gain his â€Å"rightful† position in his society, and whoever that character may be—king or common man—that character is eventually brought down by his or her tragic flaws and that’s what makes that character a tragic hero. In the past, there have been many tragic heroes which can relate to Arthur Miller’s essay â€Å"Tragedy and the Common Man,† in

Money Can Buy Happiness Analysis Essay - 2006 Words

In the book â€Å"Money can buy Happiness† tells about spending money on important and substantial things that bring us long lasting happiness. It provide some helpful information and tips which can be applied in our daily living. If you want to find out how to put together the most of your money in order to get a good and happy life (good return on investment). This book also creates awareness of how we spend our money, investments and savings wisely. For those who wants to analyze whether their spending habits align with their values, this book can be an eye opener for them. MP Dunleavey, is the author of Money Can Buy Happiness. She is an award-winning personal finance author, editor, consultant, specializing in women and money. She is also a former columnist for The New York Times, and MSN Money. Dunleavey points out some good ideas about financial key terms to validate how spending money when makes you happy, makes a lot of sense. It’s a usual advice about retirement and paying down debt but that’s always a given. The best parts of this book are the parts that focus on happiness and evaluating if you are using money for its intended purpose. Happiness can be describe in many ways. For some they would say spending time with their loved ones, having a good relationship, having a good job, being able to live in luxury, being able to buy all their needs, having a good meal, being healthy, having enough money being free from debts and stress. These are only some of the reasonsShow MoreRelatedCan Money Buy Happiness?1110 Words   |  5 PagesCan Money buy Happiness? Money is people’s number one priority. It enables them to purchase food, clothing, and shelter. Money can buy anything with a price on it, but can it buy happiness? Happiness is not an item you can buy, it is something you can feel. Money cannot bring you happiness, only satisfaction. We learn growing up not everything in this world is free. Money can only give you a short term of happiness. When you buy everything you want, you do not have anything to look forwardRead MoreMoney Can t Buy Happiness1326 Words   |  6 PagesA 2010 study conducted by Princeton University’s Center For Health and Well-Being threatens to discredit the age-old adage that â€Å"money can’t buy happiness† because, as it turns out, money can buy happiness...at least to an extent. The study isolated a so-called â€Å"happiness benchmark† for annual income, at or above which research subjects reported higher levels of overall life satisfaction. A possible ramification of the study is that because certain groups of people have more difficulty finding andRead MoreAnalysis Of Money In The Great Gatsby1111 Words   |  5 PagesHappiness of Money (Literary analysis on The Great Gatsby by F. Scott Fitzgerald) Gold diggers are commonly known as women that only go after a guy because of the money that he has. The said women doesn’t even need to love the man just to have the money is enough to keep her around on him. Often times there is a man that really does like this lady, but because he doesn’t have money he never gets with her. What if this man without the money decide he would do anything to get money to impress theRead MoreHappiness And Happiness : Three Causes Of Happiness802 Words   |  4 PagesEvery Person has a different understanding of happiness. Happiness is defined as an emotion in which one experiences feelings ranging from contentment and satisfaction to bliss and intense joy. Happiness may be defined in such a way it can be interpreted in many different ways by different people. There are many happiness triggers in life, and each person has a set of triggers that make them feel happy. Based on the readings â€Å"The Sources of Happiness† by The Dalai Lama and Howard Cutler, â€Å"If We areRead MoreCan Money Buy Happiness?891 Words   |  4 Pagesâ€Å"Can money buy happiness?† has been a cliche question for centuries, and there have been numerous studies and debates on this topic. Yet, no one seems to have a definite answer. In the video Money and Happiness, Michael Norton states explicitly that money does bring people happiness if you spent it on other people rather than on yourself. Although his interesting and novel answer is contrary to people’s natural instinct, it makes me reflect on my past experience of spending on others, and helps meRead MoreThe Article Love People, Not Pleasure By Arthur C. Brooks880 Words   |  4 Pagessuffering and bring happiness The Article â€Å"Love People, Not Pleasure,† written by Arthur C. Brooks argues that many people assume the things we are attracted to will relieve suffering and bring happiness. In the article Brooks questions what unhappiness is, Brooks states that Happiness and unhappiness are related and they are not actually opposites. In the article Brooks mentions people assume that fame, money, material things and pleasure will relieve suffering and bring happiness. Brooks offers manyRead MoreQ2. If you had $2.5 million would you save a life of a Jew or buy a Lamborghini? Q3. Can Money600 Words   |  3 Pages Q2. If you had $2.5 million would you save a life of a Jew or buy a Lamborghini? Q3. Can Money Buy you Happiness? Q4. Can Money buy you Justice? Q5. Can money buy you care? Q6. If you found a wallet would you return it? Q7. If you need money anxiously than you would do the same thing?(Returning the wallet) Q8. Would you justify this if one person is needy so that he can do unethical practice? Q9. Does society insist the people to go unethical? Q10. Does government playingRead MoreThe Decay of American Dream in The Great Gatsby1289 Words   |  6 Pagesthe upper class society, the luxuries that he has blind him from realizing that money cannot buy him fortune, nor love. Therefore, F. Scott Fitzgerald describes how the American Dream can become corrupted if the dreamer’s focus is on obtaining fame, power and wealth through materialism. Jay Gatsby’s dream is a â€Å"is a naà ¯ve dream based on the fallacious assumption that material possessions are synonymous with happiness, harmony, and beauty† (Fahey 70). He is the title character and protagonist ofRead MoreHappiness And Happiness : The Myth Of Happiness1083 Words   |  5 PagesWhen you hear the word happiness, what is the first thing that comes to mind? Do you think of material possessions like designer clothes and accessories, the newest iPhone with the highest possible storage capacity, or a shiny red supercar? Do you think the amount of money you have or your current financial status has an effect on how happy you are? Plenty of college students, myself included, would associate happiness with possessing items like these or just having a lot of money in general. In today’sRead MoreThe Correlation Between Income And Happiness1477 Words   |  6 Pagesnumber of publications have presented their analysis on the impact of income on happin ess. The results provided in these papers acknowledged that there is a connection between the two. Yet, other factors considered in their studies also say otherwise. Likewise, I wanted to see what these studies have concluded for myself and do my own analysis on the issue. Using data from the 2010-2014 World Values Survey (Wave 6), along with a cross tabulation analysis and Chi-Square Test, I tested the hypothesis

Sales and Inventory Management free essay sample

Sales and Inventory Management Managing your sales transactions and monitoring stock inventory movement has never been easier thanks to Prime Softwares Sales and Inventory Management Suite. Real time inventory updates per sales transaction enables you to have an accurate and audit friendly inventory count. Track item transaction history and validate them with sales invoices and stock receipts. Monitor purchases from suppliers and inventory issuances, adjustments and transfers. Generate comprehensive sales and inventory reports. Integrate with Prime Financial Management for automatic bookkeeping of sales and inventory transactions. †¢Sales Order and Sales Invoicing modules †¢Backorder processing †¢Comprehensive Query on demand overviews of sales orders,back orders and invoices †¢Comprehensive Query on demand sales reports †¢Standard or Individually serialized inventory items †¢Item grouping with Financial and Sales Accounting links(Integrated with Financials) †¢Multi-warehouse inventory locations †¢Purchase Order Modules †¢Stock Inventory Receipt Modules †¢Direct Purchase Stock transactions adjustments, issues, transfers †¢Stock transaction accounting links (Integrated with Financials) †¢Journalization links to Accounts Receivable, Accounts Payableand General Ledger Accounts (Integrated with Financials) †¢Stock transaction cards with comprehensive Query on demand †¢transaction overviews †¢Inventory costing for Standard, Average or FI FO costing methods †¢And other client defined Sales and Inventory Procedures. We will write a custom essay sample on Sales and Inventory Management or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page If you are still managing your inventory and sales data manually, you are being left behind.And if you think that computerizing your sales and inventory system is difficult, then think again. Quantum Sales and Inventory Management System (SIMS) integrates your purchases, sales, inventory, accounts receivable and accounts payable in one easy to use program. SIMS does not have to replace or change the way you currently operate your business, rather it is designed to enhance and complement it. With SIMS, all your vital business information is now available at a click of the mouse. Key Features †¢Maintain a database of your suppliers and customers Handle hundreds to thousands of products for sale †¢Allow several users to use the system with varying access level †¢Track purchase history by supplier and by product †¢Track key customer spending habits †¢Easily track items that need to be re-ordered †¢Track your receivables and payables Benefits †¢Improved profitability †¢Better business forecasting †¢Improve inventory control †¢Stronger customer relationship †¢Eliminate or reduce supply gaps (out of stock, overstock) †¢Lower inventory to sales ratio †¢Reduced bad stock return †¢Reduced customer receivables Easy to use, you’ll be up and running in only 15 minutes Manage payments from customer and payments to supplier. Monitor accounts payables and receivables. System Features: Product Management ? Create and manage products/items. Set categories, packages and sub packages or bundled pac kages. Set retail price and wholesale price for customers and regular customers. Supplier Management ? Add, update or delete suppliers. Create list of suppliers and monitor who is active. Your list of suppliers will also display your accounts payable. Customer Management ? Create, update or delete customers.For regular customers, set a wholesale price. Monitor customers and your accounts receivables. User and Level Assignment ? Create, update or delete user and assign them with their level. Levels give them the rights to access modules from the software. Purchase Orders ? Make purchase orders to your supplier in case stocks are in critical level. P. O. are recorded and your payment history for later tracing. Sales Invoice ? Create sales invoice for regular and new customers. History of all invoices and its specific items are kept for monitoring for safety and warranty.Stock Transfer ? Prepare stocks for branch transfer or item returns to supplier for warranty issues. Transferred stocks are deducted to the inventory automatically. Stock Receiving ? Record stocks you received from suppliers (ordered stocks). Items are automatically added to the inventory. Monitor Payments ? Monitor your payments made through purchased orders and payments by customers with sales invoice. Manage Due Checks? Monitor checks you issued to supplier and checks paid by customers. Product Inventory ? Monitor your current ending inventory and beginning inventory.Check restock level for new orders. Account Payables and Receivables ? Check your current balance and ongoing receivables. Helps you see if your business is growing or loosing. Products History Tracking ? Monitor history of all products. Transferred, received, sold and void items are tallied. A simple deduction and addition will tell you if something is missing from the inventory. Activity Logs ? Check activities made by users. Helps in tracing employees activities especially for those whom you suspect that cheats you.

Retirement Plan Proposal and Communication Plan free essay sample

This paper will propose several types of retirement plans that could be offered to employees. In addition, a communication plan will be designed to encourage employee participation for one of the proposed retirement plans. Retirement Plans. Employer-sponsored retirement plans provide employees with income after they have met a minimum retirement age and have left the company (Milkovich and Newman, 2008). Companies establish retirement or pension plans following one of three different designs: a defined benefit plan, a defined contribution plan, or hybrid plans that combine features of traditional defined benefit and defined contribution plans (Milkovich and Newman, 2008). The importance of employer-provided retirement plans is evidenced by a recent study showing that employees with employer-provided retirement plans are more likely to have sufficient savings for a comfortable retirement than those who do not have these plans (Milkovich and Newman, 2008). Two basic types of pension plans that will be offered are: defined benefit plans and defined contribution plans (Milkovich and Newman, 2008). Defined benefit plan. Defined benefit plans guarantee retirement benefits specified in the retirement plan document. This benefit usually is expressed in terms of a monthly sum equal to a percentage of a participant’s preretirement pay multiplied by the number of years he or she has worked for the employer (Milkovich and Newman, 2008). Defined contribution plans require that employers and employees make annual contributions to separate retirement fund accounts established for each participating employee, based on a formula contained in the plan document (Milkovich and Newman, 2008). Defined benefit plans are quite costly to employers compared with defined contribution plans: Companies struggle to fund these plans adequately to ensure that retirees receive entitled benefits for the remainder of their lives (Milkovich and Newman, 2008). Defined contribution plans. Under defined contribution plans, employers and employees make annual contributions to separate accounts established for each participating employee, based on a formula contained in the plan document (Milkovich and Newman, 2008). Formulas typically call for employers to contribute a given percentage of each participant’s compensation annually (Milkovich and Newman, 2008). Employers invest these funds on behalf of the employee, choosing from a variety of investment vehicles such as company stocks, diversified stock market funds, or federal government bond funds. Employees may be given a choice of investment vehicles based on the guidelines established by the employer (Milkovich and Newman, 2008). Defined contribution plans specify rules for the amount of annual contributions. Unlike defined benefit plans, these plans do not guarantee particular benefit amounts (Milkovich and Newman, 2008). Participants bear the risk of possible investment gain or loss. Benefit amounts depend upon several factors, including the contribution amounts, the performance of investments, and forfeitures transferred to participant accounts (Milkovich and Newman, 2008). Companies may choose to offer one or more specific type of defined contribution plans (Milkovich and Newman, 2008). Common examples of defined contribution plans include profit-sharing plans, stock bonus plans, and employee stock ownership plans (Milkovich and Newman, 2008). There are three popular forms of defined contribution plans. A 401(k) plan, so named for the section of the Internal Revenue Code describing the requirements, is a savings plan in which employees are allowed to defer income up to a $12,000 maximum (which increases by $1,000 a year from 2003 to 2006, with amounts indexed for inflation thereafter) (Milkovich and Newman, 2008). Employers typically match employee savings at a rate of 50 cents on the dollar. Defined contribution plans are more popular than defined benefit plans in both small and large companies (Milkovich and Newman, 2008). Historically these plans are faster to vest (the companies matched share of the contribution permanently shifts over to employee ownership, and they are more portable—job hopping employees can take their pension accruals along to the next job) (Milkovich and Newman, 2008). The second type of plan is an employee stock ownership plan (ESOP) (Milkovich and Newman, 2008). In a basic ESOP a company makes a tax-deductible contribution of stock shares or cash to a trust (Milkovich and Newman, 2008). The trust then allocates company stock (or stock bought with cash contributions) to participating employee accounts (Milkovich and Newman, 2008). The amount allocated is based on employee earnings (Milkovich and Newman, 2008). When an ESOP is used as a pension vehicle (as opposed to an incentive program), the employees receive cash at retirement based upon the stock value at that time (Milkovich and Newman, 2008). ESOPs have one major disadvantage, which limits their utility for pension accumulations (Milkovich and Newman, 2008). A third type of plan is a hybrid of defined benefit and defined contribution plans that have emerged in recent years. Cash balance plans are defined benefit plans that look like a defined contribution plan. Employees have a hypothetical account (like a 401[k]) into which is deposited what is typically a percentage of annual compensation (Milkovich and Newman, 2008). The dollar amount grows both from contributions by the employer and from some predetermined interest rate (Milkovich and Newman, 2008). Because the Internal Revenue Service isn’t convinced conversions fairly impact older workers, many companies are reluctant to adopt this platform (Milkovich and Newman, 2008). Employee Retirement Income Security Act of 1974. Organizations are responsible for fulfilling certain regulations established by the government. ERISA was established to regulate the implementation of various employee benefits programs, including medical, life, and disability programs, as well as retirement and pension programs (Martocchio, 2009). The essence of ERISA is protection of employee benefits rights (Martocchio, 2009). ERISA addresses matters of employers’ reporting and disclosure duties, funding of benefits, the fiduciary responsibilities for these plans, and vesting rights (Martocchio, 2009). Companies must provide their employees with straightforward descriptions of their employee benefit plans, updates when substantive changes to the plan are implemented, annual synopses on the financing and operation of the plans, and advance notification if the company intends to terminate the benefits plan Martocchio, 2009). The funding requirement mandates that companies meet strict guidelines to ensure having sufficient funds when employees reach retirement (Martocchio, 2009). The protective laws under ERISA only apply to private employers (non-government) that offer employer-sponsored health insurance coverage and other benefit plans to employees (Wolfe, 2013). ERISA does not require employers to offer plans; it only sets rules for benefits that an employer chooses to offer (Wolfe, 2013). ERISA laws do not apply to privately purchased, individual insurance policies or benefits (Wolfe, 2013). Communication plan. Critical to the success of any employee retirement plan is communication, buy-in, and ongoing education (Lyceum, 2013). A plan only works if employees actually participate and experience the value (Lyceum, 2013). A solid communication plan can go a long way toward increasing employee participation and satisfaction with plans that are specifically designed to serve their needs (Lyceum, 2013). Target audience. The targeted audience of the communication plan is the organizations’ 150 employees. Objectives and goals. The objective of the communication plan is to communicate information on retirement plans available, encourage employee participation for one of the proposed retirement plans, and to overcome resistance to participation. Method of communication. There are various types of communication the organization can us to address the different of plans and the plan perceived value to employees (Watson, 2010). Higher plan importance and satisfaction are associated with specific types of communication (Watson, 2010). The organization can use interactive modeling tools, financial planning seminars and web site conferences to provide the biggest boost to a plans importance and satisfaction (Watson, 2010). Holding group meetings once a month, providing one-on-one meetings between independent investment advisers and employees held quarterly and using e-mail periodically can be effective in increasing employees encouragement in participation and appreciation of their plans (Watson, 2010). By conducting scheduled face to face meetings, written communication, and one on one meeting with employees are effective ways to reduce or diminish employee participation in the retirement plans made available to them. Employee enrollment. There are a variety of ways to get employees to enroll into a retirement plan that fits their needs. The most effective method is through automatic enrollment; automatic enrollment has been proven to increase employee participation in retirement plans. Other methods to encourage employee enrollment are through online enrollment programs and through enrollment meetings where employees meet with financial counselors to discuss the different types of plans. In conclusion, retirement plans are expensive, but if employees dont fully understand or appreciate their plans, employers are not getting the most from their investment in terms of attraction and retention (Watson, 2010). Many employers overlook the potential value added by employees understanding and appreciation of their retirement plans (Watson, 2010). Defined benefit and defined contribution plans that are highly valued by employees can serve as very effective human resource management tools (Watson, 2010). Effective communication about a companys retirement plan also makes an enormous difference in the plans perceived value (Watson, 2010). References Lightbulb Financial. (2013). Employer-Sponsored Retirement Plans. Retrieved from http://lightbulbfinancial. com/employer-sponsored-retirement-plans/ Lyceum (2013). Employee Retirement Plan Education Communication. Retrieved from http://financial. lyceum. com/services/employee-retirement-plan-education. hp Martocchio, J. J. (2009). Strategic compensation: A human resource management approach (5th ed. ). Upper Saddle River, NJ: Pearson Education. Milkovich, G. T. Newman, J. M. (2008). Compensation (9th ed. ). New York: McGraw-Hill Watson, T. (2010). Increasing Employees Appreciation of Their Retirement Programs. Retrieved from http://www. watsonwyatt. com/us/pubs/insider/showarticle. asp? ArticleID=14860 Wolfe, L. (2013). ERISA Law What is ERISA and What Does ERISA Law Cover? Retrieved from http://womeninbusiness. about. com/od/erisalaw/a/erisa-basics. htm