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Author: plag free

30
Jun

Accounting information system !

Question 1: What role do accountant’s play in today’s information intensive organizations? The accountant has the role of staff function in any organization as they are not the part of revenue generating divisions of the businesses. However, they have important role in information intensive organization for evaluating the financial and operating performance of the companies. The complex business structure of the companies is required to be monitored by the various departments along with different viewpoints. Moreover, the accountant provides the financial data management by means of collecting and maintaining the accounting data. Further, such recorded data is helpful in analyzing…

29
Jun

Report – Social Determinants of Health!

Heart disease is one of the significant causes of death in Australia. There are around 43,963 deaths caused in the nation due to the cardiovascular disease. According to a survey, it has found that heart disease kills one Australian in every 12 minutes which shows the danger to the country. Heart disease includes stroke, heart attack, atherosclerosis, cardiomyopathy and many more. In Australia, cardiovascular disease is referred to as most significant health issues which need to control for reducing the burden from the economy. From a survey of 2007, it was recorded that half of the deaths in country were due…

28
Jun

BIZ102: Reflective Journal 1

Reflection helps in knowing the strengths and weaknesses of an individual. Self-analysis, self-evaluation, etc. are the ways in which an individual can evaluate his or her skills and knowledge. There are other tools, and techniques like online quiz, test and many more are available quickly to the user for providing them proper results and assisting them in collecting more information about themselves (Martin-Raugh, Kell & Motowidlo, 2016). I want to know my emotional intelligence for developing my personality and other skills like communication, interpersonal, etc. In context to this, I have given an emotional intelligence test for knowing my skills in…

23
Jun

The Fair Work Act 2009 and unfair dismissal of employees !

Introduction The Fair Work Act 2009 (Cth), all the employed population in Australia which works under specific Commonwealth workplace law is entitled to general workplace protection facilities and amenities. The Fair Work Act 2009 (Cth) applies to national system employees and employers of the country(Crowe et al, 2017). The national system employee is defined as the person who is not on a vocational employment but is employed by the national system employer. The employees working in the private sector in South Australia are also considered as national system employees and are also covered Fair Work Act 2009 (Cth). The Fair Work Act 2009 (Cth) entitles…

22
Jun

The perfectly competitive model Vs the monopolistic model !

A monopolistic model and a perfectly competitive model are economic presentation of two different market structure that can be differentiated on the basis of market share, control over the price and barriers to entry in the market. In a perfectly competitive market model, there are a huge number of firms and no single firm has a proper control over the market (Taylor, Stonebarger & Leven, 2015). Contrary to the perfectly competitive model, a monopolistic market model comprises of only a single firm that decides the price, supply level of goods and has a total control over the market. However, a monopolistic…

22
Jun

Comparing Perfectly competitive model with the monopolistic model!

Market is a place where buyers & sellers meet for some kind of transaction. There are three different types of market structure perfect competition, monopoly and imperfect competition. Perfectly Competitive – In perfect competition the product sold by different firms is identical. It’s a market structure where there are various sellers who offer similar products or services which are manufactured by using a standard method and every firm has details about the market as well as price. The entry and exit to a perfectly competitive market is free and in this situation the competition is at its peak. In this case the firms are…

19
Jun

MGT301A: Ethics and Sustainability

Ethics and Sustainability The ethical dilemma I faced in my workplace was the introduction of a new technology i.e. installation of the self-packaging device which will help in making the packaging process fast, easy and economical. As this new technology is beneficial for the company and clients but if it’s brought into use it will affect the manpower requirement by the company, the employees may get de-motivated because of the idea of losing their job (Curre, 2018). The ethical dilemma I faced here is to keep loyalty towards the employees who have helped the company grow since long and on the…

18
Jun

The concept of elasticity explaining how the economics is the way of life !

            Elasticity is also an important concept that plays a vital role in every day activity. Elasticity as a concept is defined as the extent to which the demand or even the supply of a particular product changes at a given time to the change in price. A product is considered to be highly elastic if its consumers become highly sensitive to the price once it increases or decreases, and the change in price has an immediate impact on the quantity demanded (Imbs and Mejean 2015). For example, when the price of Coca Cola increases, the…

18
Jun

The concept of equity and efficiency explaining how the economics is the way of life !

            Economics is definitely the way of life as it deals with the important concepts of equity and efficiency. While optimum production as well as allocation of resources is important for the advancement of any economy, ensuring that the resources are being equally distributed amongst the all is equally important. By ensuring equity, the government does ensure that it does take steps to reduce the problems of absolute property whereby each individual has some resources to live with. For example, usually the government ensures that the richer who enjoys greater allocation of resources pays a higher…

18
Jun

The concept of demand and supply explaining how the economics is the way of life !

Economics is definitely the way of life as it helps in ensuring the proper allocation of resources and ensures that these resources do not become scarce in the face of heavy demand. The concept of demand and supply have always been found to be extremely integral to any sort of economic activity performed daily by humans. According to the law of demand, there exists an inverse relation between the price of a product and the quantity demanded. In other words, if the price of a good is higher, the demand for the good will naturally decrease while if the demand of…

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