Current Public Procurement Legislation and the Prohibition...

Examination of Current Public Procurement Legislation and the Prohibition of Post-Tender Price Negotiation in the UK National Health System Objective Current public procurement legislation prohibits post-tender price negotiation in the UK National Health System. This work intends to examine the issue and either agree or disagree with relaxing of this rule. The argument will be supported with two examples from the North Bristol Integrated Community Hospital Specification. The Issue It is reported that tendering and post tender negotiation are primary components of management of purchasing and supply. According to CIPS conduction of the post, tender negotiation process should be the responsibility of the purchasing professional and as such, those individuals should participate in the necessary training programs to effectively do so. Post-tender negotiation when it is ethical and professional is held as an appropriate method of securing value for the money spent. It is recommended by CIPS that bid clarification detailed discussion about the offer should usually comprise the final stage after receipt of tenders and before contract award; it will normally lead to improved value being obtained. (CIPS, 2013) The reason stated is that there are often points in the tender which need to be clarified. During bid clarification, discussion might take place around the specification or delivery period for example. This may lead to negotiation on terms and conditions, warranties,Show MoreRelatedFunctional Approach to Internal Analysis14942 Words   |  60 Pages |organization affecting perfomance | 3. Procurement Department |STRENGH |WEAKNESS |STRATEGIC IMPLICATION | |Existence of procurement policy | |Affects the timing,price and quality of goods | | | Read MoreCorporation (Fisch) Outline Penn Law Essay62808 Words   |  252 PagesManagement Obligations Under Federal Securities Laws 67 C.) Shareholder Litigation 76 IV.) Structural Changes 85 A.) Transactions in Control 85 B.) Mergers and Acquisitions 86 1.) Mergers 87 2.) Sale of Assets 93 3.) Asset Purchase or Tender Offer 94 C.) Public Control Contests 96 1.) The Poison Pill 100 2.) Enhanced Review When Business is Up for Sale 103 3.) Proxy Contests for Corporate Control 106 4.) Protecting the Deal: Shareholder Lockup Agreements 109 I.) INTRODUCTORY PRINCIPLES Read MoreProfessional Misconduct58343 Words   |  234 PagesPROFESSIONAL MISCONDUCT By: Mrs. Surbhi Bansal M.Com., FCA Sec.2 (2): Members deemed to be in practice: If he i) Engages himself in practice of accountancy, or (ii) Offers to perform audit related services or holds himself out to the public as an accountant, or (iii) Renders professional service or assistance in Matters of accountant interest etc., or, (iv) Renders such other services which as per opinion of the council, to be rendered by C.A. in practice. (Mgt. consultancyRead MorePepsi Prospectus112807 Words   |  452 Pagesrequirements is available. There will be no public offer of the Offer Shares mentioned herein in the United States. THIS PROSPECTUS IS TO BE USED EXCLUSIVELY FOR THE DOMESTIC OFFER AND IS NOT INTENDED TO BE VIEWED BY NON-PHILIPPINE RESIDENTS. Prospectus January 19, 2008 Pepsi-Cola Products Philippines, Inc. (incorporated with limited liability in the Republic of the Philippines) Primary and Secondary Offer of 1,142,348,680 Common Shares Offer Price of =3.50 per Offer Share P to be listedRead MoreNokias Human Resources System144007 Words   |  577 Pages172 172 172 174 174 174 178 178 178 178 178 179 179 . 180 . . . . . . . . . . . . . 180 180 180 181 181 182 182 182 182 183 183 183 184 ITEM 17. ITEM 18. ITEM 19. GLOSSARY 3 INTRODUCTION AND USE OF CERTAIN TERMS Nokia Corporation is a public limited liability company incorporated under the laws of the Republic of Finland. In this document, any reference to â€Å"we,† â€Å"us,† â€Å"the Group† or â€Å"Nokia† means Nokia Corporation and its subsidiaries on a consolidated basis, except where we make clearRead MoreFinancial Analysis of General Electric98175 Words   |  393 Pagesearn your trust. It is how we compete and win. GE Works. A POSITION OF STRENGTH GE’s Operating EPS growth was 22% last year. We bought back preferred shares of stock we issued during the ï ¬ nancial crisis and increased our dividend twice. Our stock price ï ¬ nished about ï ¬â€šat, in line with the broader SP 500 Index. We outperformed the SP Financial and Industrial sectors— the â€Å"GE neighborhood†Ã¢â‚¬â€which declined by 18% and 3%, respectively, in 2011. Despite our growth, it was tough for GE to break away

Migration And Its Effects On The Global Economy - 729 Words

migration, a contribution to economic growth in the host country and the flow of remittances, money the migrants earn working abroad and then sending the earnings back to the family, to the home country. Yet, migration brings negative attitudes on immigrants such as â€Å"†¦worries that migration may reduce the job opportunities for natives and place a strain on public services†¦fears are exacerbated by the weak global economy, and many countries have adopted measures†¦to stem the flow of peoples across borders† (383). Another cause could also be due to these countries who have a large number of people that are essentially illiterate, they have barely any knowledge on family planning, and are located below the poverty line. In addition, they are unaware of the harmful effects that overpopulation can have. Not only is there a lack of family planning, but what is known as a Youth Bulge in Sub-Saharan Africa can help further explain the causes of overpopulation. T his youth bulge grows as the increasing youth population in the Global South continuously faces lack of resources to provide for families and poor economic conditions. These frustrated youth can be more prone to turning to religious fundamentalism or an involvement in crime and terrorism (Kegley Blanton 380). Developing countries have a huge increase in people between the ages of 15 and 29. Justin Yifu Lin, former World Bank Chief Economist, states, â€Å"†¦if a large cohort of young people cannot find employment and earnShow MoreRelatedGlobalization And The Global Migration903 Words   |  4 Pages Global migration can be defined as the movement of large groups of people from one area to another. There are two kinds of migration. There is internal migration and there is external migration. External migration is the movement of groups of people between different countries. The movement doesn’t occur within the country. Internal migration is the movement of groups of people from one part of an area to another. The movement occurs within the country. Globalization is the global economic integrationRead MoreThe Three Advancements of Globalization 1058 Words   |  5 Pagesthe role of human migration, international trade and rapid movements of capital. Globalization has many pros but yet also many cons that can have a deciding factor in an economy. Many people think globalization still favors the rich and it’s a detriment to countries who emerging in the world and does not have a stable or great economy. According to Bloomberg Business Week Globalization has said to have hit its peak in the year 2007, which ties into the unfolding of the Global crisis. Some CriticsRead MoreMarx Theory Of Reserve Army Of Labour1500 Words   |  6 Pages, rather than reducing migration, economic development increases migration. Marx theory of reserve army of labour is central to what he has to say about capitalism and workers wages; the proletariat. Most migrants in society today migrate to the US and end up working in factories where they manage machinery. Marx theory illustrates how capitalist industries consists of two parts - the machinery and the workers. Capitalist industries expand by sukingin their workers to operate the machinery, uppingRead MoreGlobalization And The International Political Economy1530 Words   |  7 PagesPolitical Economy Globalization is a major factor in our international political economy. Globalization comes in many forms, some of which will be explained herein in more detail. According to Kegley and Blanton (2014), due to globalization, the number of questions about how changes in one country s economics and politics influence trends in the word politics and the global economy (p. 328), has resulted in an area of scholarly study being coined, to wit: international political economy (IPE)Read MoreGlobalization Is A For The Mass Movement Of Labor1417 Words   |  6 Pagesthat have resulted to exploitation and domination of labor force (Mohanty, 2013). Notably, when movement of labor is involved, issues about gender inequality arises and other aspects such as sexism, and racism as facets of colonialism in the current global economic era. For instance, women from developing countries are normally involved with the provision of childcare, health care, and domestic services to developed countries th at have high income countries. Even though most of these women migrate atRead MoreThe Political Economy Model Of Migration Policy1419 Words   |  6 Pages Gary Freeman suggests the gap between rhetoric and reality is best described in a political economic account of migration policy. The political economy model of migration is modelled on the interests of three sets of rational actors: voters, organised groups and state actors who attempts to maximize their individual goals subject to state interests in different contexts (Freeman, 2002). The first is post-industrial change, which suggests stances on immigration policy are better viewed as interestsRead MoreContent Analysis Essay1326 Words   |  6 Pagesinclude world population, economy, disaster costs, global health, climate change and global warming, environmental issues, water crises, education and employment, migration, science and technology, and outlook. Each section builds from the previous section. The sections part priority into messages of the magnitude, importance and direction of natural disasters, global warming, overpopulation, and industrialization. Recurrent words are population and over population, economy, natural disaster, dataRead MoreGlobalization and Its Affect on Racism1528 Words   |  7 PagesGlobalization and its Effect on Racism Racism, in the Oxford English Dictionary, is defined as Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one’s own race is superior, and, The belief that all members of each race possess characteristics, abilities, or qualities specific to that race, especially so as to distinguish it as inferior or superior to another race or races. The essence of both definitions seems to be that specificRead MoreThe Effects of Cultural Intelligence on Leadership Effectiveness in Multinational Organizations1354 Words   |  5 PagesA Study on Cultural intelligence and its effect on leadership effectiveness and behavior in multinational organizations in Asia Introduction The success of corporate sector is the critical element for the sustained growth and prosperous economy of any nation. In today’s tough competitive market environment, organizations strive to differentiate themselves from the rest by offering the most innovative product and services to the consumers. Organizations that offer solutions beyond the current needsRead MoreMulti Cultural And Multi Racial1476 Words   |  6 PagesMany of the Caribbean traditions exist because of the historical happenings in these islands during the colonial period. The multi-cultural aspects of the Caribbean resulted not only from labour demands in these countries but also because of global migration patterns. Historical Influences Many of the Caribbean islands were at some point part of colonization efforts by European countries (Hall, 1985). The sugar crop was a significant factor for these European colonies. The sugar crop turned

Risk Management of Legal Issues Affecting E-Commerce

Risk Management of Legal Issues affecting E-Commerce Introduction Risk management is the ability to identify, assess, and prioritize risks depending on the threat they poses on a business and the resources available. Most organizations are operating their business online nowadays. Many industries such as banking, insurance, selling of goods, offering of certain services are turning their operations online. E-commerce has many challenges that threaten to make any organization conducting online business to fail. The ability to identify, asses, and come up with solutions to the risks in the e-commerce industry is essential in ensuring success of the organization. One of the major challenges of e-commerce is the legal implications among†¦show more content†¦Once the team has identified the risks that need immediate attention, then they can go forward to communicate with other teams responsible for the product. In case the problem is with the website, the team must communicate with the web developers and other parties involved seeking the way f orward to address the problem (Shah, Nagree, 2001). The third step to risk management is envisaging the consequences of the actions that an organization takes for a certain risk. The responsible teams must envisage the possible outcomes of any of the actions they take to tackle any problem. A problem with the copyright issues invites for certain actions from the responsible group. The group must look at all the possibilities of the action it takes. By looking at the future possibilities of an action, the group can decide on the best course of action. For example, there might be two actions the responsible group can take to deal with a problem, the group should look at both the actions and decide on the best that will even avoid such problems in the future but not just the action that best solves the problem now (Bouridis, 2010).. The management has to plan for the risk. The steps above call for the planning of risk. Some risks are urgent, others must be immediate, and others essential. All these risks require special attention. Therefore, the management must plan on how to al with the risks depending onShow MoreRelatedFactors Affecting the Organization’s Buying Behaviour5062 Words   |  21 PagesFactors affecting the Organization’s Buying Behaviour Anum Khan Asma Siddiqui Ayesha Majid Hamza Muhammad Ms. Maryyam Khan Industrial Marketing, A SSC 206 July 13, 2012 Lahore School of Economics The organizational purchase behavior is the most complex process the organizations have to deal with in the buying process. The decision making authority and central influencing departments will evolve around the buying center. The roles which have to be carried by the buying center in the purchaseRead MoreItaly : A Country Of Forward Fashion Industry And Exotic Cars1431 Words   |  6 Pageslocated in southern Europe. Italy is a country of forward fashion industry and exotic cars. Italy has been a republic nation since June 1946 with 20 regions (KEY FACTS AND OVERVIEW, 2007, p.4). In addition, the COUNTRY REPORT (2014) states that the risk factors in politics, economy, tax and operational are moderate (p.1). a) Geographic and historical data regarding international business Italy is in southern Europe; it consists of a mountainous peninsula and includes the islands of Sicily, SardiniaRead MoreManaging Risk Of Managing A Flower Business2202 Words   |  9 PagesManaging risk activity is an integral part of good management approach during all project phases. This approach leads to effective and continuous improvement in performance and used for forecasting purposes. The purpose of preparing risk management plan is to assess and treat risks efficiently and effectively and adopt control strategies for their consequences. A good approach for making risk management helps in achieving the objectives at a lower overall cost and schedule. It is common and usefulRead MoreInternational Contract Laws And Issues For Multinational Contracting Parties Essay2314 Words   |  10 Pages TRENDS IN INTERNATIONAL CONTRACT LAWS AND ISSUES FOR MULTINATIONAL CONTRACTING PARTIES Abstract: Now that globalization has reached its peak and every big company has an offshore branch, the need of the hour is to discuss the International Contract laws and better them for a future that is just around the corner. This essay will deal with the various trends in the International Contract laws including the consumer and non-consumer contracts , arbitration agreements , the rule of lex voluntatisRead MoreEvaluate Amazons Diversification Strategy.4067 Words   |  17 PagesDiversification in E- Commerce [pic] Diana Reyes – 27828 Introduction Economies of scope and synergies in business operations are consequences of diversification strategies. It is possible to classify companies according to the type of diversification strategy selected. Unrelated diversifiers are companies that diversify across industry, while related diversifiers are firms that diversify within the industry (Kim, Hwang and Burgers 1989). Companies pursuing related diversification overRead MoreReview of Literature of Indian Banking System After Liberalisation1699 Words   |  7 Pages3 1.5.4 1.5.5 1.6 Meaning The Concept Need For A Comparative Financial Analysis Significance Of Financial Analysis Tools for Financial Analysis Ratio analysis Horizontal Analysis Vertical Analysis Funds Flow Analysis Cash Flow Statement Factors Affecting Financial Statement Analysis References 30 31 32 33 36 37 54 55 56 58 64 66 69 69 71 71 71 71 73 81 84 86 89 89 90 90 93 94 94 95 ii 2 2.1 2.2 2.2.1 2.3 2.4 2.5 2.5.1 2.5.2 RESEARCH DESIGN Objective of the study Research Methodology SecondaryRead MoreBusiness Law1579 Words   |  7 Pages1. Identify the ethical, strategic, operational, and financial issues in this scenario and list them in priority order from most to least critical. As a global healthcare organization, our goal has always been to promote quality of care and optimal health to people around the world. We have a firm commitment to serve diverse communities with products and services that reflect the latest trends in innovation and the highest quality at reasonable prices to match consumer expectations and needs. WeRead MoreThe Impact Of Electronic Commerce On The Development Of Electronic- Commerce3784 Words   |  16 Pagestechnology and communicative devices, electronic commerce and digital markets has steadily impacted the expansion of information systems, organizations, and society, on a global scale. The discussion of cultural differences as it relates to electronic commerce was identified while analyzing primary factors that markets should take into account. The characteristics and trends of each country examine the utilization of the Internet and electronic commerce. With attempts to compare the United States andRead MoreEssay E-Commerce a nd Vladimir Zwass2877 Words   |  12 PagesE-Commerce E-Commerce is a shortened word which means Electronic-Commerce. Vladimir Zwass (2001) defines E-Commerce as the process of carrying out business transactions by the use of telecommunication networks. It involves sharing business information and maintaining business relationships. E- Commerce started as early as 1948 during the Berlin airlift in the form of electronic transmissions (Seideman, 1996). E-Commerce later developed into electronic data interchange (EDI) and in the 1960s, industriesRead MoreeCommerce Developments and Themes10793 Words   |  44 PagesE-Business Chapter 1 E-commerce Developments and Themes- 2003 More: ï  ® Use of the Internet to conduct commerce ï  ® deepening of e-commerce channel ï  ® Broadband and wireless Internet access ï  ® refined e-commerce business models (→ higher levels of profitability) But at societal level: continued conflict over copyrights, content regulation, taxation, privacy, and Internet fraud and abuse. E-commerce E-business E-commerce involves digitally enabled commercial transactions between and among

Accomplishment free essay sample

Discuss an accomplishment or event, formal or informal, that marked your transition from childhood to adulthood within your culture, community, or family. I chose this essay prompt because I feel my story of accomplishment is not only important to me but also my family, to ensure our continued ranching heritage way of life. I remember it like it was yesterday, the morning I was told I would be caring for my own cattle, having my own feed truck and horse trailer, and being responsible for the day-to-day issues that may arise regarding the areas assigned to my care.Although the cattle and equipment weren’t truly mine, I was to tend to them as if they were.I knew what the unspoken expectation was and I also knew I was ready for the responsibility. I was fifteen years old when I accepted the tasks of working for the Gray G Bar Ranch which is owned and operated by my stepdad in Shidler, OK. We will write a custom essay sample on Accomplishment or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I was to care for over 2000 head of steers through the summer months getting them ready for shipping in early Fall.There are three other cowboys that work on this ranch having their own cattle and responsibilities but this did ease a little of my anxiety because I knew they would be readily available if I needed them. Getting up at 5 am every morning during the summer to beat the heat was truly a bold task by itself.With the heat index reaching well of 100 ° on several days, I many times questioned my decision to work outside, on a ranch, when a lot of my friends were at the lake or sleeping until noon! Of course, these thoughts didn’t last long when I was horseback enjoying nature and knowing how fortunate I was to be brought up with this lifestyle. I learned more about myself and what I wanted for my future during this first summer of practically sole responsibility and I am so grateful that I had people believe in me. Starting high school after my first summer having a â€Å"real job† was exciting for me.I had successfully completed an assignment and earned some money doing it.I seemed like somehow, I had truly grown up in just the previous summer months.I continue to work at the ranch on weekends and whenever there are breaks during school. I feel having a good work ethic is of utmost importance and to always strive to obtain your goals, regardless the activity.I think my hard work and determination has carried over in my classwork and in my leadership qualities as a sports participant and a leader in our school.