Tuesday, February 18, 2020
Business Law, Sparkle Solutions, Dalton and Empire Finance Case Study
Business Law, Sparkle Solutions, Dalton and Empire Finance - Case Study Example Finally, the paper will also incorporate the amendments that are to be made in the Irish legal system pertaining to the bail system (Quinn 2009). It is imperative to understand the case before understanding the necessary bail system amendments as well as liability under which the defender is held. In this case, a contract the finance Empire Company sued a contract cleaning company, Sparkles Solutions because of Sparkle Solutions employee Dalton, who stole a large amount of money from Empire Finance office. Despite that Dalton has been caught by the police due to the criminal charges and has been suspended by the Sparkle Solutions, the Empire Company intends to sue them to recover their financial loss ofà â⠬25,000 because of the burglary (Ireland, Great Britain 2010). The finance company which is the Empire Company in this case can report their complaint against the Sparkle Solutions to the District court, before a judge without a jury. It is suggested because they need their money back and for that they can just file a case against the contract company Sparkles Solution and offend them of their irresponsibility towards their employee or may be about their involvement in the burglary act. The Sparkle Solutions Company can appeal to the Central Criminal Court before the jury as they have taken initiatives on their employee Daltonââ¬â¢s act of burglary by firing him and sending him to the jail for his crime. This way they can defend themselves from the offences of the finance company, before the jury and the judge. In California, a person named Alan S. Lewis who was 51 was accused of burglary, and grand theft in the sale annuities and he was charged with the $300,000 by 12 clients for the fraud and the burglary issues. The court threw 29 felony charges on him and misdemeanor against him. He spent minimum of four months
Monday, February 3, 2020
McDonalds Cost Structures Assignment Example | Topics and Well Written Essays - 1000 words
McDonalds Cost Structures - Assignment Example The franchises have to pay their own occupancy costs which consist of rent, property taxes, insurance and maintenance costs. Certain corporate general and administrative expenses are fixed too which comprise of office support costs in areas of training, legal, supply chain, finance, information technology and human resources. Variable costs which vary with the level of sales include a major chunk of food and labor costs. Sales staff and countermen whose salaries are based on the number of customers they serve are also variable costs for the company. Also, packaging costs, the paper material, employee benefits, selling and general expenses are variable charges. Certain corporate general costs are variable such as training and restaurant operations. As for the fixed costs, the factors that affect them are mostly the market changes. McDonald's needs to spend more on advertising and promotion when they see that market competition is getting fiercer and bitter. Moreover, in order to retain the higher level experienced staff, they need to raise the salaries of their staff and hence payrolls and compensation of management level employees increase. However, in times of recession like the major financial crisis, all fixed costs also dwindled down. The royalty charges or franchise fee is mainly fixed at a certain percentage after a 25% down payment initially unless the franchisor wants to alter the fixed rate for some reason. The variable costs are more directly responsive to changes in the level of sales. The main factor affecting the variable costs is the demand and the number of sales that McDonald's has. The more people want to eat McDonald's, the higher will be the food supplies costs, the packaging and paper costs, the more the number of counter employees to serve the customers, the higher the selling expenses and other general expenses.
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