Definition of Tax “Taxes are compulsory payment to government without expectation of direct return in benefit to the tax payer” According to section 2 (62) of the ITO (Income Tax Ordinance) 1984: “Tax means the income tax payable under ordinance and includes any additional tax‚ excess profit tax‚ penalty‚ interest‚ fees or other charges leviable or payable under this ordinance.” Characteristics of Tax i. Tax is a payment to the government by the people. ii. Payment of taxes is non-penal
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examines the Blue Ocean Strategy concept in the following order: First‚ the theory is explained with a real-life example. Secondly we look at few of its limitations. Thirdly‚ a critical appraisal of why this approach is better or worse off than other competing and value innovation theories is presented and finally the conclusion is drawn. Blue Ocean Strategy Theory According to Kim and Mauborgne (2004) the business universe consists of two distinct kinds of space: Red and Blue Oceans. Red Oceans are
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There ought to be‚ and many times is‚ a close nexus between manmade law and justice – law should aim at justice. Laws should be the objective expressions of the nature of reality rather than merely the subjective prejudices or whims of some person‚ group of people‚ or society as a whole. Natural law is objective since it is inherent in the nature of the entity to which it relates. The content of natural law is accessible to human reason. For example‚ it is easily understood that since each man has
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and relevant information as it relates to the Canonical Criteria. The Biblical canon that we find in Jewish Christian are listed in and throughout the various books in the Bible. They are recognized as being inspired by God which makes them sacred. They are very profound and valid to the particular religion or community group of believers as it pertains to their faith and livelihood in the Kingdom of God. The word canon is derived from the Greek word (kanon) which is define as a reed. It later became
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What aspects of strategy formulation do you think requires the most time? Why? "Strategy formulation includes developing a vision and mission‚ identifying an organization’s external opportunities and threats‚ determining internal strengths and weaknesses‚ establishing long-term objectives‚ generating alternative strategies‚ and choosing particular strategies to pursue. Strategy formulation issues include deciding what new businesses to enter‚ what businesses to abandon‚ how to allocate resources
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Discuss the advantages and disadvantages of strategic alliances. Find examples of strategic alliances both working and not working for parties involved and explain why? Strategic alliances can contribute to the success of a business and are beneficial when maintained with efficient management. As defined in Global Business Today the term ‘strategic alliances’ refers to a “cooperative agreement between potential or actual competitors for the benefit of all companies concerned” (Hill‚ et al.‚ 2011)
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Between A.D. 90 and A.D. 118‚ the Councils of Jamnia affirmed all thirty-nine books of the Old Testament Canon. By the end of the second century‚ around A.D. 250‚ there was little opposition to the Canon Hebrew Scriptures. Although many Hebrew scholars considered the Apocrypha as accurate historical records‚ most all agreed it was not equivalent to Hebrew scriptures. However‚ what was to be included as Canonical books inspired by the Words of God in The New Testament would become very controversial
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one frustrated executive. He had recently returned to Canon Inc.’s Tokyo headquarters after a 23-year stint in the U.S.‚ where he built Canon’s camera and copier businesses into market leaders and befriended top execs of companies from General Electric Co. to American Express Co. His goal was to push U.S.-style practices through the entire Japanese conglomerate in order to cut costs and clean up its finances. Otherwise‚ Mitarai argued‚ Canon was headed for serious trouble. Few colleagues heeded
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company activity and key concepts of marketing. Apple’s iPhone and Samsung‘s Galaxy Smartphone both devices are more popular nowadays. An iPhone is also a camera phone‚ a portable media player‚ and an Internet client with email and web browsing capabilities‚ can send text and can receive‚ and has both Wi-Fi and 3G connectivity. Samsung Electronics (SEC)‚a information technology based company established in 1969 works with Digital Media‚ Semiconductor‚ Telecommunication Network‚ and LCD Digital Appliance
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place since its inception‚ and that is the canonicity of the EU. Now‚ what I mean by canon is “Those sources which are generally considered authoritative regarding a given fictional universe” (canonicity is the adjective form of canon‚ so when I say canonicity‚ I mean canon‚ and vis versa). So canon‚ in this case‚ is the official version of events. “Hardcore” fans have always argued over various aspects of EU canon‚ (For example‚ did Boba Fett actually die when he “fell” into the sarlacc‚ and is he
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