The Rates Of Consumption Continue To Climb Over The Next

the rates of consumption continue to climb over the next few decades, the environment will hit a breaking point where it cannot sustain any more activity. Society can fix some of the issues generated by the clothing industry by treating clothes as a bare necessity, not a disposable product. Another reason why tremendous amounts of clothing is disposed of in landfills during our modern era is because of the constantly changing trends in the world of fashion. The introduction of fast fashion to the market has altered the old standard of Spring/Summer and Fall/Winter trends. Instead, clothing brands such as Zara and HM have started to create trends on a weekly basis. The corporations realized that â€Å"Economic growth came to depend on the†¦show more content†¦There are certain sectors of the economy that need stronger regulation. This is out of pure necessity to make sure that our planet survives. By enforcing sustainability regulations on all portions of the economy, the environment could be preserved for much longer and possibly even saved. The regulations would allow increased government intervention while still keeping private companies in the economy. The current profit system would have to be tweaked as well to ensure that companies are not taking adva ntage of loopholes. A way to fix this problem could include a system that limits the amount of consumption allowed each month. This solution would regulate the amount of clothing produced each month to confirm that there is no unnecessary overproduction. This would decrease consumption and reduce overall waste, which is vital for the future of sustainability. This solution would require immense changes to our economy, but we will not have an economy for long if we do not alter our priorities towards a sustainable future. The average consumer is unaware of how the clothing industry operates and lacks knowledge about the impacts of the sector on the natural world. The clothing market operates on the sole motivation of pleasing its consumers. If companies cannot accomplish this goal, they will not be able to survive. Lucy Siegle, a British journalist states, â€Å"The customer has to know they re in charge, without them, we don’t have jobs† (TheShow MoreRelatedSouthwest Airlines : The United States1637 Words   |  7 Pagesranks within airline the industry and became the fifth largest US air carrier by 1998, carrying an average of 50 million passengers a year across the United States. From then on, Southwest soared above the rest of the mid-range air carriers, and continues to do so to this day. Southwest quickly became known for its innovation when it comes to customer service and satisfaction, and it is still well known today for its simple and convenient customer service. 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Bipolar Disorder And Its Unique Fast Transitional Mood Shifts

Bipolar disorder is an illness known for its unique fast transitional mood shifts, usually from manic to depressive. (Moore, P et al., 2014.) This illness holds no prejudice as it can affect anyone at any age, gender or race. (Smith, M 2014) Bipolar disorder is not only dangerous to the patients themselves but could also potentially cause harm to bystanders as well. It is important to get treatment and prevent it from further development. A patient with bipolar disorder cannot differentiate between reality and insanity; they severely lack comprehension of their actions and behaviour as they are unaware of their mood swings. Unable to acknowledge their actions, they are additionally unable to grasp control of their physical, verbal and psychological vivacity. Bipolar disorder patients cannot distinguish between rationality and insanity; thus, they act out in an abnormal way in simple or harsh circumstances. (Simon, H 2013) For a patient with bipolar disorder, their brains are constantly in motion. In fact, the speed of their brain movement is significantly faster than the average person; therefore, the disorder causes overwhelming distress. Let’s take a regular human brain for example. In the brain, there are many neutrons. Neutrons are cells that transmit information to the brain through electricity and chemicals. Neurons are not complex and thus, no single neuron is said to contain any knowledge. However, when there are many neurons grouped together they begin to haveShow MoreRelatedOrganisational Theory230255 Words   |  922 Pagescontrol: organizational misbehaviour? Complexity and the problem of implementation Three types of formal control Bureaucratic control Output control Cultural control The new wave in action: managing cultural change A theoretical explanation of a possible shift in control: A new historical configuration? An alternative theoretical explanation: movements in managerial discourse? The theoretical origins of new-wave theory Conclusions 148 148 150 152 152 153 156 159 159 160 161 164 171 176 179 186 . Read MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesManagement Capitol 1. New Management for Business Growth in a Demanding Economy Text  © The McGraw−Hill Companies, 2004 4 THE POWER OF MANAGEMENT CAPITAL THE DEMANDS OF SUSTAINING PROFITABLE GROWTH IN A BUSINESS ENVIRONMENT WHERE THE FAST DEVOUR THE SLOW Our work in helping to increase the profitability of many of the world’s major companies (as well as our database surveys of many other companies) has made it clear that all this complexity has been changing the fundamental dimensions

Accounting Financial Statement

Question: Write about theAccountingfor Financial Statement. Answer: Splitting the Investment Capital of $100000 Between four Different Business plans The sales from sales of the cake shop is projected to be around 1200000 in year 1, 1600000 in year 2 and 1600000 in year 3. The sales is expected to be huge during this period. Again, the net profit from this business is anticipated to be 60000 in year 1, 320000 in year 2 and 100000 in year 3. Analysis of the financial services of the accounting service business reflects the fact that the revenue from the sales is expected to be 100000 year 1, 125000 in year 2 and 150000 in year 3. In addition to this, the net profit of the accounting service business is expected to be 24675 in year 1, 33444.65 in year 2 and 42102.75 in year 3. Analysis of the financial pronouncements of Mitebs clothing store reveals the fact that the revenue from sales of the firm is expected to be 480000 in year 1, 520000 in year 2 and 625000 in year 3. In addition to this, the financial statements of the firm also divulges the fact that the profit after tax of the firm is 6930 in year 1, 7735 in year 2 and 16275 i n year 3. Analysis of key financial ratio also helps in understanding the overall financial condition of the firm. Again, analysis of the financial pronouncements of the company Second-hand goods exchange market APP replicates the fact that the expected revenue of the firm is 5475000 in year 1, 602250 in year 2 and 657000 in year 3. The net income of the firm is however expected to be 269860 in year 1, 310325 in year 2 and 8351492 in year 3. Based on the findings from the financial plans of the four different businesses it can be hereby mentioned that the APP is expected to have highest profit among the four different plans. After APP, cake shop is expected to have higher net profit followed by the accounting service business and thereafter Mitebs Clothing Store. Thus, higher percentage of the investment capital of $100000 need to be endowed in the businesses that has comparatively higher percentage of profits. Comparing and Evaluating the Operational Strategy for four Different Business Plans Analysis of the operational strategy of Mitebs Clothing Store reveals the fact that the management of the corporation follows a specific line of investigation into the competition. The advantage of online platform for shopping has helped the company to reach new heights of rivalry and gain advantage over the other players in the market. Again, the store needs to have effectual capacity for storage that in turn can help in maintaining requisite levels of inventory. Thus, the management follows the operational strategy of maintaining requisite inventory that can help in attain higher profitability. Thus, owner needs to have a particular reflection towards offers during the season end that can shift the leftover inventory. This in turn can lead to lowering of the overall level of the profit of the company. The management of the company devises a pricing strategy for the products that can enhance the profitability of the business of the firm. In addition to this, operational strategy of the management of the firm Mitebs Clothing Store also includes elaborate marketing strategy. The company can collaboratively work with other corporations and set up diverse fashion shows as well as unique events that can prove to be beneficial for both the firms. The operational plan of using the internet to reach out to higher number of clients is also part of operational strategy. In addition to this, the operational strategy of the firm also includes conduction of market research that can help the owner to comprehend as well as interpret the present style and fashion requirements of the prospective clients. Again, the operational strategy of appointment of research and development team can help in analysing the size of the market, market as well as commerce for the effectiveness in the operations of the business. The finance segment in the operational plan of the company calls for the inclusion of different financial declarations of the corporation. The financial declarations such as balance sheet, income statement are prepared based on real situations. In essence the real situations are analysed by thorough research on the market and keeping watch on competitors of the firm. Analysis of the operational strategy of the Second-hand goods exchange market APP reveals the fact that management follows a company structure of a functional organization that is divided into accounting, marketing, post department as well as web management. For particularly the inventory, the management need to maintain medium or else higher quality as they intend to make certain that the second hand goods can be utilized. Thereafter, the price is also unlimited as per the customer as well as the supplier. Again, timeliness is not essential as the customers of APP keep their own goods. In addition to this, family primarily supplies different second hand goods as family items are replaced quickly and cannot be utilized again. The marketing plan within the operational strategy of the firm includes development of effective social media marketing using the twitter, Google Plus as well as Facebook marketing. Evaluation of the operational strategy of the accounting service firm reflects the fact that the company provides the service of a tax agent to individual, sole trader as well as small medium sized businesses. In addition to this, this business also delivers finance services in the form of insurance and loans. Furthermore, this company also provides audit services to individual as well as businesses. Evaluation of the operational of the cake shop reveals the fact that operational issues are present in the business. In essence, the marketing research replicates the fact that individuals are more concerned regarding credit of the business. Necessarily, this strategy of credit is supposed to attract more number of consumers. Resolving issues related to management of machine is also one of the main purpose of the operational strategy. Operational strategy of the cake shop is also to deliver high quality service to the clients through trained staffs. Marketing strategy of the corporation can be considered to be an important factor of operational policy. Risk management can also be regarded to be an important factor that can help in analysing the competitive risk, financial risk. Systematic risk. People risk, technological as well as operational risk and many others. Bibliography Christensen, T., Cottrell, D. and Baker, R., 2013.Advanced Financial Accounting(No. 2013). McGraw-Hill. Entwistle, G., 2015. Reflections on Teaching Financial Statement Analysis.Accounting Education,24(6), pp.555-558. Grahame, S., 2014. Fundamental of Financial Accounting.Financial Management,14719185, pp.50-51. Henderson, S., Peirson, G., Herbohn, K. and Howieson, B., 2015.Issues in financial accounting. Pearson Higher Education AU. Hoskin, R.E., Fizzell, M.R. and Cherry, D.C., 2014.Financial Accounting: a user perspective. Wiley Global Education. Hoyle, J.B., Schaefer, T. and Doupnik, T., 2015.Advanced accounting. McGraw Hill. Smith, M., 2014.Research methods in accounting. Sage. Weygandt, J.J., Kimmel, P.D. and Kieso, D.E., 2015.Financial Managerial Accounting. John Wiley Sons.