Harm principle

TRADE SECRET A trade secret is a formula, practice, process, design, instrument, pattern, commercial method, or compilation of information not generally known or reasonably ascertainable by others by which a business can obtain an economic advantage over competitors or customers. A trade secret covers basically three aspects:- ● Not known to the public. ● Should generate economic profit to the holder (specifically for not being known by the public). ● Subject of reasonable efforts to maintain…

Katarzyna Zdrojewska, FLN5_IB, index no. gd22943 1 Glencore plc is an Anglo–Swiss multinational company. It was established in 1975 under the name of Marc Rich & Co. in Switzerland. In 1994 company has been rebranded into Glencore. In 2012 Glencore acquired Xstrata, a large british company, thereby making the biggest takeover that took place in mining industry. Less than two years after the merger Glencore have announced that the Xstrata brand will be phased out. Currently the company is…

Contents Introduction Wilson Bayly Holmes-Ovcon Limited Wilson Bayly Holmes-Ovcon Limited’s origins date back to 1970. The entity’s name started off as Wilson Holmes [Pty] ltd, created by John Wilson and Brian Holmes. With the incurrence of many different mergers, the name changed to Wilson Bayly Holmes Limited [Pty] ltd in 1983. In 1994 the final name of WBHO Construction was formed. Presently WBHO Construction is one of the top leading construction companies in southern…

supplier, should be able to attract the major buyers from European countries, China and India with a low bargaining power. III. MARKETING STRATEGY 4.1 MARKETING PLAN BY YEAR The strategies and plan used for SDP will be based on S.M.A.R.T. principles as per Diagram 1 whereby goals are specific to the business, measurable in terms of market share growth, attainable and realistic growth with a specific time frame in line. Diagram 2 shows the Gantt chart for the marketing plan for a term of 5…

The management team must look at all the capital budgeting CUSTOM SNOWBOARDS 29 techniques to understand the total viability of the project. The decision will not be an easy one, but will require careful review of the entire financial picture. B5. Summary Custom Snowboards has demonstrated that European expansion is an idea that is viable for the company. The company must now decide if they wish to build, merge, or acquire within the European market. This will not be an easy decision, but…

4. Financial Analysis 4.1 Time Series Analysis 4.1.1 Profitability Analysis Mayne Pharma reported sale revenue of $141.4M in 2015 underlying EBITDA of $36.4m and reported NPAT of $7.8m. The performance of 2015 seems unsatisfactory as the net profit margin is only 7.83% compared to 2014 where the net profit margin is 21.49% .These results were down due to the underperformance of products sold via third party US distributors in the first half of 2015 but the company realized the problem and has…

Evaluate any damaging financial and ethical repercussions of failure to include the inventory write-downs in the financial statements. Prepare a recommendation to the CFO, evaluating the negative impact of a civil fraud penalty on the corporation as a result of the IRS audit. In the recommendation, include essential internal control procedures to prevent fraudulent financial reporting from occurring, as well as the major obligation of the CEO and CFO to ensure compliance. Inventory write-downs…

2015 Assignment 3 laxman nayak [ASSIGNMENT 3] • Explain how assets and liabilities increase and decrease through credit and debit entries to general ledgers. The bookkeeping mathematical statement is a focal piece of accounting and bookkeeping. It can likewise give bits of knowledge into debits and credits. The fundamental bookkeeping mathematical statement is: Assets = Liabilities + Stockholders ' equity (if a corporation) Or Assets = Liabilities + Owner 's equity (if a sole…

A high Acid test is significant, current liabilities are short-term debts including accounts payable, other related expenses, and accrued salaries; if economic conditions continue to plunge, Competition Bikes must recognize their ability to meet these direct needs or not. The Acid Test ratio in the analysis illustrates year 7 at 4.52 while year 8 sits at 4.25. Due to the acceptable acid test ratio is .90 to 1.00 for most industries, it is benign to assume the high figures Competition Bikes’…

As a Business Support Manager at the Department of Social Services (DSS), I provided strategic and operational financial advice to the Executive leadership group and staff. The advice I provided included internal budget queries, financial delegations, compliance and procurement. I managed a budget of over $18 million which involved forming strategic relationships with the Directors (EL2s) and the State Manager. An innovative approach that I utilised for internal budgeting purposes was to…