Week #5 Discussion Question

Are there differences between women and men as negotiators? What do you think are some of the advantages and obstacles of each gender when negotiating?  What factors contribute to these advantages and disadvantages?

In this discussion, you have the option of responding to one of two topics, either Option 1: The Wall Street Journal Article Review, or Option 2: Periodic or Perpetual, Choose Wisely.

Option 1: The Wall Street Journal Article Review

For this discussion topic, you are to select and address one of the topics covered in this course as it relates to an article found in The Wall Street Journal.

This daily newspaper provides coverage of headlines and breaking news in the United States and around the world, with a focus on business issues that are pertinent to you. Review an article of your choosing from The Wall Street Journal and address the following:

• Select an article of your choosing from the WSJ. The article should relate to the financial performance of a company, or any other topic that we have covered in this course on the fundamentals of accounting. In each daily publication, there will be numerous examples from which to choose.
• Provide the title and date of the article you have selected.
• Briefly, list and provide definitions of the various terms and concepts we have studied that you found in the article. A minimum of three definitions should be found.
• The discussion post is not required to be of significant length, as there is value in your demonstration of having accessed The Wall Street Journal evidenced by your having matched several theoretical definitions and concepts to actual business occurrences.

Option 2: Periodic or Perpetual, Choose Wisely

Review the Discussion Participation Scoring Guide.

Cripple Creek Hardware Store currently uses a periodic inventory system. Hoyt Braxton, the owner, is considering the purchase of a computer system that would make it feasible to switch to a perpetual inventory system. Hoyt is unhappy with the periodic system because it does not provide timely information on inventory levels.

Hoyt has noticed on several occasions that the store runs out of good-selling items, while too many poor-selling are on hand. Hoyt is also concerned about lost sales while a physical inventory is being taken. The store currently takes a physical inventory twice a year. To minimize distractions, the store is closed on the day inventory is taken. Hoyt believes that closing the store is the only way to get an accurate count.

You have been brought in to assess the situation and provide expert advice on which course of action to take—remain with the current periodic inventory system or switch to a perpetual inventory system. Present your findings to Hoyt, discussing whether switching to a perpetual inventory system will strengthen Cripple Creek Hardware’s control over inventory items and eliminate the need for a physical inventory count.

For your Assignment, research “civil law” based legal systems and “common law” based legal systems. Most of the world follows civil law systems. With civil law, the law is what the legislature says it is and case precedent is not a part of legal thinking. Judges in a civil law system do not make new law when they decide cases. Each case is decided on more of a case by case basis. Also, judges in civil law systems are usually career government employees, who in some cases have never practiced law. Judges in a common law influenced system usually come from the ranks of practicing attorneys who have many years of experience.

In countries that used to be British colonies, and in the UK today, there is a common law history in the legal system. (By the way, despite the similar names, common law marriage did not originate with the British common law courts and should not be a part of your discussion in this assignment.) In a common law influenced system, judges on courts of appeal make new law when they decide cases. Statutes are the law as well, but cases can set a precedent by which later cases, which are similar, are decided.

In the U.S., all states, except Louisiana, follow a common law influenced legal system. Louisiana follows civil law as to its non-criminal law. In Canada, all provinces, except Quebec, follow a common law influenced legal system. Quebec follows a civil law system.

Community property law is a product of civil law, but 9 US states follow it today. The other 41 do not follow community property law. Community property basically means that each spouse owns half of what the other spouse earns during the marriage.

When the permanent federal income tax began, in 1913, with ratification of the 16th Amendment, there was no joint income tax filing for married people. Each individual who had income had a personal responsibility to file an income tax return. When World War 2 began, more and more families began to have two incomes from outside the home. This created a tax advantage for those in the community property states. Consider this example: Husband made $10,000 and wife made $40,000. In a community property state, this was looked at as each of them making $25,000 a year. This would put both of them is the same midrange tax bracket. However, a couple with the same income in a separate property state was paying a lot more in income tax. Although the person who was only paying on income of $10,000 was paying very little tax, the person with $40,000 of income was in a very high tax bracket, resulting in the non-community property state couple paying a lot more in federal income tax. In order to make taxation more fair across the country for those with the same amount of household income, Congress created joint income tax filing for married people, which was essentially adopting a community property idea, to make federal taxation more uniform around the country.

The jurisprudence of civil law and common law have influenced each other in many ways.

In an essay of 5 to 7 pages, types in 10-12 point font (Arial, Courier and Times New Roman are acceptable), cite at least three different characteristics of civil law and common law and discuss in detail which legal system you consider to be superior to the other. Be sure to state reasons, with appropriate references, for your position.

Unresolved Bargaining

When the bargaining process breaks down between union representatives and company management, union members occasionally will vote to stop working until demands are met; if the majority wins, employees will go on strike. There are alternatives to striking, including mediation, a fact-finder process, and arbitration. From an employer’s standpoint, what are the benefits of each of these alternative methods? How about from an employee’s standpoint?

Respond to the questions below in a 3–4 page paper. Be sure to include enough detail to provide context for your ideas and to demonstrate your understanding of these concepts. Also, be sure to include all necessary APA citations and a references page. Please submit your responses in a Microsoft Word document.

Questions

1. What options does an organization in Verizon’s situation have for avoiding a strike?
2. Suggest one or two labor relations goals for Verizon, and explain how Verizon might achieve them.
3. Identify at least two applicable laws (state and/or federal), which should be considered by an organization and a union in a collective bargaining situation

Requirements

• Written communication: It should be free of errors, so that the overall message is clear.
• APA formatting: Resources and citations are formatted according to APA style.
• Number of resources: Minimum of two current credible business or professional resources, no older than five years. Distinguished submissions will likely exceed that minimum.
• Parts of paper:
  • Title page.
  • Body of paper.
  • References page.
• Font and font size: Times New Roman, 12-point.

Detail:  Chapter 1 of the text(page 3)briefly discusses three trends

impacting IT management:

Write a paper of approximately 3 pages in which you evaluate the impact of the following IT trends on an organization you are familiar (this can be an organization that you have worked for or one that you choose to research).

• Governance of IT
• The shifting focus from application delivery to system integration
• Balancing the continuous struggle between outsourcing and insourcing

Review the Week 1 Rubric to make sure that you have met all the

guidelines for how your paper will be assessed.

Include a minimum of three scholarly resources to support your analysis.

Identify two special education emerging issues.

Research and evaluate current information about your chosen topic.

This should include a 250-500-word summary of the issues, resources for further reading, and your professional opinion regarding how the school should respond to the issues. Cite a minimum of three professional, educational, and/or legal resources.