The Impact Of Organizational Culture On Working Of...

Organizational culture is an important parameter in relation to the fact that it has the capability to influence organizational failure and success. Various empirical research studies have been carried out to uncover the impact of organizational culture on working of organizations. In the viewpoint of Chokkar et al (2014), it is important to consider the parameter of cross cultural business as well. Culture is a significant concept and there are a lot of considerations that need to be considered. This section of the research study reviews various concepts in relation to organizational culture with special reference to how it acts as a bridge between organizational management and associates. This is due to the fact the parameter of†¦show more content†¦It is the need of the hour to consider holistic revamp of the organizational culture so that it becomes extremely customer friendly and to further prevent any kinds of scandals. Barclays bank is relatively newer player in the c ontext of its Indian operations. In reference to Indian environment, it had to confront a lot of challenges such as managing an extremely diverse workforce and others. It had significant operational losses and poor responses of locals in relation to retail banking forced the organization to take an exit path from India. This research study uncovers the kind of work culture that Barclays bank need to set up in order to not only sustain but thrive in Indian market and augments its financial service business arm in India. It is a given fact that organizations that have a strong culture have higher chances of accomplishing success. It is important that associates work in group so that they undertake their responsibilities in a better manner. Overall productivity of the organization will also augment. It is equally important in today’s context to have people centred culture. In the viewpoint of Davis (2012), there are five key elements that need to be in place for having a people process culture which have been elaborated as under- †¢ Organization’s core values should be drafted with a people first intention and there should be a clear

Alibaba Group The Biggest E Commerce Company - 5180 Words

1. Introduction Alibaba Group is a Cinese E-commerce company which was founded in 1999. In the past 16 years, Alibaba gradually grew into the biggest E-commerce company in the world. According to the report of Alibaba (2015), by 2015 there are 350 million active buyers in Alibaba’ s platform which is 100 million higher than 2014. The gross merchandise volume of Alibaba is 2,444 billion Chinese Yuan. In 2013, the number was only 1,077 Chinese Yuan. It increased almost 250% in 2 years. Alibaba benefit by the huge growth of online retail market. The total revenue in 2015 is 76.2 billion Chinese Yuan. It is worth noting that in Chinese retail market, mobile penetration is 50.6 percent and mobile users create 6,430 million RMB revenue which is a new record in the world. According to Jack Ma who is the founder of Alibaba, the mission of Alibaba is to make it easy to do business anywhere. Alibaba operate online and mobile platform in retail and wholesale trade. Alibaba creates value by providing technology and services like cloud computing and online financial services to consumers, merchants, and other participants to conduct commerce in Alibaba’ s E-commerce ecosystem. The main business of Alibaba are Taobao.com and Tmall.com. Taobao.com is a customer to customer (C2C) online platform which was founded in 2003 and Tmall.com is a business to customer (B2C) platform which was founded in 2008. AliExpress was founded in 2010, AliExpress focus on global market especially in US,Show MoreRelatedThe Discovery Of The Internet1696 Words   |  7 PagesWe humans discover enormous astonishing things, and established powerful tools that will change our live forever. One of the biggest accomplishment was the discovery of technology. The history of technol ogy is the history of invention of tools and techniques that generated since the hunting and gathering period. 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Its business includes: Alibaba.com, which is for small firms to find customers and suppliers without going through middlemen, has 57million users, nearly in every country. AnotherRead MoreThe Chinese Giant E Commerce Company766 Words   |  4 PagesThe Chinese giant e-commerce company, Alibaba Group Holding Ltd. (Alibaba), unleashed a controversial scenario since the firm launched on September 2014 its initial public offering (IPO) on the New York Stock Exchange (NYSE) (Palepu, et al., 2015). Considered the biggest in the history, Alibaba’s IPO raised $21.8m in its debut at an offering price of $68 per share (Figure 1.1). Originally, the company had made attempts to list within the Hong Kong Stock Exchange (HKEx). However, it was refused inRead MoreWhy China Is The Biggest Internet Market Globally Essay1984 Words   |  8 PagesMany market opportuni ties have helped the Alibaba Group thrive in the recent years. 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If an investor buys stock in a company he essentially owns a percentage of thatRead MoreAlibaba2832 Words   |  12 Pagesalibaba By snoworb | Studymode.com xecutive Summary Founded just before the turn of the millennium in Hangzhou, China, Alibaba Group has to date become the largest online retail website worldwide in the planet, its total transactions surpassing the sum of both Amazon and eBay’s (Erickson, 2013). The report explains its business and operation model and market strategy, before moving to explore the reasons for Alibaba Group’s success such as its established market share in the large market of MainlandRead MoreImpact Of Information And Communication Technologies2569 Words   |  11 Pages INTRODUCTION I. Impacts of information and communication technologies (ict) and e-commerce development a. The role of the ICT and the Globalization in the Rise of the e-Commerce Industry. Nowadays, from Americas to Europe, and from Asia to Africa, people are wearing blue jeans, watching MTV, using Apple products, eating burger and sushi. This is a picture of the globalization bringing the world closer through the exchange of goods and services, information, knowledge and cultures. Over the lastRead MoreAnalysis of Ma Yun ´s Leadership in Alibaba Group Essay3255 Words   |  14 PagesYun’s leadership on the Alibaba Group. Business environment Nowadays, high-speed development of the technology has changed the daily life and the computer and the Internet have become the mainstream in China markets. The expansion of the Internet rapidly leads the e-commence to develop and change the operation way of Chinese business. At present, there are many people who want to start-up a business on their own. Ma seizes the opportunity to establish a great stage ‘Alibaba’ for those small potential

Information Technology’s Effect on Society Free Essays

* * * * * * * * * * * * * * * Information Technology’s Effect on Society * Tanya Cavaleri * English Compostion II * EN 130. 1. 1 Sitting at the park on a nice beautiful day, you’re reading your friends post on Facebook from your IPhone. We will write a custom essay sample on Information Technology’s Effect on Society or any similar topic only for you Order Now At home getting ready to type up a research paper and you realize you still need one last piece of information where do you go? Google and conduct a search. Your teenager just came to you crying because she was accused of sending pictures via text to her boyfriend and now it’s all over Twitter and Facebook that she is a slut. Information technology’s effect on society comes with good and bad effects on people everywhere every day. We have come so far since internet has gone public in early 1990’s (Howe, 2012), but at what cost to our society? According to Merriam-Webster dictionary (2011) information technology is the technology involving the development, maintenance, and use of computer systems, software, and networks for the processing and distribution of data. The use of computers and other devices have allowed us to use social medias like Facebook to find and stay in contact with our family and friends. The World Wide Web has all the information we may need at our finger tips. No more waiting on snail mail to deliver mail when we can send an email and have it delivered instantly to the recipient. Information technology is even enabled us to be able to work from home more efficiently. With the click of our mouse or the swipe of our finger we’re able to send off packages and track the delivers without ever changing out of our pajamas. Paying bills and managing budgets having never been easier. But at what cost is all this information technology bringing? Our society is so desensitized that we don’t seem to care what all this â€Å"awesome† technology is doing to our world. For example our teenagers are faced with both bullying at school and online. Having to face their peers daily and fear the rumors that could spread over one remark or wrong picture on Facebook, Twitter or text message is difficult for many of them. So is social media a good thing? Maybe, but it needs to be monitored more. Google (â€Å"Google,† 2012) the word Hacker and there is about 246,000,000 results. Like â€Å"how to become a hacker† or â€Å"how hackers work†. Information technology can open society up to be very vulnerable. Like leaving the back door unlocked for anyone to walk through if we’re not careful. Siciliano (2012) writes according to the Javelin Strategy Research, in 2011 identity fraud increased by 13 percent. More than 11. 6 million adults became a victim of identity fraud in the United States. Online banking, bill pay, shopping online are all conveniences we have grown accustomed to over the last 18 years but we need to protect our private information. Sometime information technology can fall in the wrong hands and cause havoc for thousands of people. Just one of many examples is in 2006 the U. S. government warned that a database containing sensitive information about veterans and their families had been stolen, after an employee violated policy and brought the data home (Lemos, 2006). So yes information technology is a much needed asset in today society. Providing helpful guided searches, helping to connect with family that are thousands of miles away, paying bills quickly and sending messages lighting fast. But in the wrong hands in can be more destructive then a hurricane, leaving heartache and pain with every stroke of the finger. Davidson, J. (n. d. ). Ezinearticles. Retrieved from http://ezinearticles. com/? Online-Banking—History-Still-in-the-Making? a How to cite Information Technology’s Effect on Society, Essay examples

Section of Income Tax Assessment Act 1997 †Myassignmenthelp.Com

Question: Discuss About the Section of Income Tax Assessment Act 1997? Answer: Introducation Accounting to the case study, it has been found that Hillary is popular to climb up the mountains and she is a taxpayer of Australia. The existence of service delivery has aligned with some agreement depending on Section 393-10 of the Income Tax Assessment Act 1997. As inherent from the case study, Hillary has sold some photographs along with the manuscript of the entire story. Due to such causes, consideration of specific items has been made, which are termed as the personal assets of Hillary. Based on the findings of Brent v FCT (1971) 125 CLR 418, the occurrence of sale is inherent for earning normal treatment of income. Due to these reasons, a specific type of asset sale is to be adjudged as Capital Gains Tax (CGT). In case, Hillary has depicted her biography for self-comfort along with sale of the same in future, the transfer of copyright ownership could be treated as CGT events. This has been aligned with S-15-2 of Income Tax Assessment Act 1997, since no kind of agreement has taken place for generation of any sort of income (Barkoczy 2016). The entire amount of loan has been repaid within two years coupled with interest charges. Due to this, a payment of $4,000 ($40,000 x 5% per annum x 2 years) has been made to the client. However, the client has not demanded any sort of interest payment from the son. According to Section 6(5) of the Income Tax Assessment Act 1997, interest income is the additional amount of $4,000; which could be collected for assessable income associated with the parent considered to taxation. For this reason, a higher amount could not be related with ordinary income, as per Section 6 Subsection 5 (Graetz and Warren 2016). The capital gain or loss realised from selling the building is measured in consideration to the level, taking place from such sale. This is computed based on the following points: The purchase of property has been made before 20th September 1985. Due to this reason, it has remained confined within the asset category of CGT along with land sale and this might not be considered from taxation associated with CGT (Lang 2014). The computation of CGT has been carried out on effective selling of a residential land. Due to this, the projected selling price of the residential land has been computed as $320,000 [$800,000 x $60,000/ (S60,000 + S90,000)]. In this case, Scott has considered the calculation of CGT by seeking assistance from the two significant methods. Thus, it is needed to choose amongst the two methods for minimisation of tax payments (Morse and Deutsch 2016). Depending on the above-mentioned points, the entire capital gain or loss accumulated from sale of rental property is depicted as follows: According to the above table, it has been stated that Scott is needed to deal with the reduced payments of tax, in case; the discounted method is used. Therefore, the taxable capital gain of Scott from the sale of the rental property has been obtained as $130,000 (Petty et al. 2015). As per the case study, it has been collected that there is existence of auction arrangement for property selling where the selling of asset has been conducted. In addition, the selling price of the auction might be termed as the market price of the asset. Under such circumstances, the entire capital gain was determined to be realised from selling the property to the daughter, which would be identical as before (Tran-Nam, Evans and Lignier 2014). According to the provided scenario, it is estimated that an organisation acts as the owner of the property. For such causes, the computation of capital gain could be conducted through the technique of indexation. In this scenario, the overall capital gain from rental property could be $222,945. References: Barkoczy, S., 2016. Foundations of Taxation Law 2016.OUP Catalogue. Graetz, M.J. and Warren, A.C., 2016. Integration of Corporate and Shareholder Taxes. Lang, M., 2014.Introduction to the law of double taxation conventions. Linde Verlag GmbH. Morse, S.C. and Deutsch, R., 2016. Tax Anti-Avoidance Law in Australia and the United States. Petty, J.W., Titman, S., Keown, A.J., Martin, P., Martin, J.D. and Burrow, M., 2015. Financial management: Principles and applications. Pearson Higher Education AU. Tran-Nam, B., Evans, C. and Lignier, P., 2014. Personal taxpayer compliance costs: Recent evidence from Australia.Austl. Tax F.,29, p.137.