Chinese Wedding Gifts

If youve been invited to a Chinese wedding, you may have some confusion about the customs and etiquette involved in choosing a gift. For most weddings, all you need to bring is a red envelope with enough money to cover your expenses at the wedding. Special circumstances may require a different gift, though. The tips below will help ensure you make the appropriate selection. Red Envelopes: The Standard Gift Picking out a gift for a Chinese wedding is usually pretty simple. Thats because, in lieu of gifts, Chinese wedding guests typically give a red envelope called  hà ³ngbÄ o (ç ´â€¦Ã¥Å'…). If you go to a wedding, the money in the red envelope should have a value equivalent to a nice gift that would be given at a Western wedding. It should also be enough money to cover your expenses at the wedding (for example, your meal and drinks). If a wedding dinner costs the newlyweds $75 per guest, then the money in the red envelope you bring should be at least $75. However, you want to make sure to give your gift in the currency that the couple actually uses—for example, the Thai Bhat. Selecting the right amount of money to give is not as simple as learning how much the wedding venue charges per plate, however. Customarily, the amount of money gifted is also relative to your relationship to the recipient. The closer your relationship to the bride and groom, the more money that is expected. Immediate family, such as parents and siblings, should give more money than casual friends. In addition, it is not uncommon for business partners to be invited to weddings, and business partners often put more money in the envelope to strengthen the business relationship. In Chinese tradition, some numbers are considered luckier than others. If youd like, you can give an amount with lucky figures such as eight or nine (avoid unlucky numbers such as four, though). An amount such as $88, for example, is thought to bring good fortune. Other Gift Options As Chinese weddings have become infused with Western traditions, traditional Western wedding gifts have become more acceptable. But unlike at Western weddings, couples will rarely have a registry or release a list of wanted gifts. That means unless you know exactly what the couple needs or wants, sticking to a red envelope might be your best bet. Be careful when selecting a gift, as there are certain gifts to avoid in the Chinese culture. While many would make odd wedding gifts in any culture, it can be helpful to at least be aware to avoid a faux pas. Off-limits gifts include:   ClocksHandkerchiefsTowelsUmbrellasSharp objects (that means a new set of cutlery is out of the question)Cut flowersGifts in sets of four (the Chinese word for four is similar to the word for death)ShoesGreen hatsAnything in white or black If you choose to select your own gift rather than a red envelope, it may be helpful to coordinate with other guests to avoid duplicate gifts.

Marketing Plan For A Marketing Strategy - 1772 Words

Marketing strategies is a strategy that takes in consideration of all marketing goals into a one comprehensive plan. A good marketing strategy should be drawn from market research and focus on the right product mix in order to achieve the maximum profit potential and sustain the business. The marketing strategy is the foundation of a marketing plan. Their three steps for developing a good marketing strategy 1) Planning Phase It includes SWOT analysis of your business in the marketplace, once customers need is determined and decided what product will satisfy those needs, then marketing mix 4 P’s and budget must be applied which will look over the facts that how those needs would be met. The next step in planning process is determining how the resources will be allocated. 2) Implementation Phase It is the stage of any process where the plan is put into action. It has four steps: †¢ Obtaining Resources †¢ Designing marketing organization †¢ Developing planning schedules †¢ Executing the marketing plan 3) Evaluation or Control Phase The evaluation stage is the stage of verification. This process involves ensuring that the results are consistent with the objectives. Marketing team, especially the manager will be in accordance with any deviations in the plan and quickly correct any deviations to get back on course. (Enterpreneurial Insights, 2015) Marketing Strategy used by Lululemon Focused differentiation and Building Brand name †¢ Focusing on lifestyle perception †¢Show MoreRelatedMarketing Plan For A Marketing Strategy909 Words   |  4 PagesA marketing plan is crucial to the survival of an organization. Marketing plans need to be well thought out and target a certain market. The market that an organization chooses will demonstrate what direction they want the organization to head in. However, choosing just one market will be problematic to the organization because they will be missing out on other opportunities to grow. The organization needs to operate like the old sane, kill two birds with one stone. Therefore, if an organizationRead MoreMarketing Plan For A Marketing Strategy1205 Words   |  5 Pages Any company, of any size that is successful in marketing always starts with a marketing plan. Large companies have plans with hundreds of pages; while small companies can get by with a half-dozen sheets. You should at the very least refer to it quarterly, but better yet monthly. By adding monthly reports on sales/manufacturing; this will allow you to track performance as you follow the plan. Any marketing plan begins with an assessment of your company’s current situation. This should include theRead MoreMarketing Plan For A Marketing Strategy1299 Words   |  6 Pagesimportant to plan ahead in regards to how this product will meet the main stream consumer. The concept of marketing may seem like a simple process, â€Å"business success using a simple process of understanding and meeting customer needs† (Drummond, Ensor, Ashford, 2014). One tool used in order to ensure product to consumer success is a marketing strategy. A marketing strategy combines all of the mark eting goals and business goals in to one comprehensive package (Lake, 2016). The marketing plan explainsRead MoreMarketing Strategy : Marketing Plan Essay997 Words   |  4 Pages IV. MARKETING PLAN Our product s main marketing objective is to focus on the customers wants and needs and, at the same time, maintain a marketable selection of shoe polish at all times. This will allow us to effectively influence and persuade them to buy. Marketing Strategy:- Advertising: Our main advertising strategy is to let our potential customer know that we are aware of their wants and needs and have quality inventory and prices. 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Actually language translation business is not same as product selling business, in product selling business, you have a product which customers can touch and check butt marketing and selling services is the hardest job because some our customers are unawareRead MoreMarketing Plan For A Marketing Strategy1071 Words   |  5 PagesWhat is marketing? My personal definition of marketing is getting your product or service out in the open and communicating the benefit it can serve to the public or a particular industry. In order for your marketing plan to be successful, you have to decide which customers to target your marketing strategies towards. You have to make these customers believe that they need your product and tell them how it will create value for them. Using the marketing mix of tools called the four P’s of marketing

Federal Administrative Procedures Free Essays

â€Å"While Section 556 refers to the â€Å"burden of proof,† the APA fails to define the term.  Ã‚   Traditionally courts distinguish between the burden of persuasion and the burden of production, although the term, â€Å"burden of proof† is often used loosely to encompass both. Where distinguished, the â€Å"burden of persuasion† indicates which party must satisfy the decision maker in order to avoid losing on a given issue. We will write a custom essay sample on Federal Administrative Procedures or any similar topic only for you Order Now    In contrast, the â€Å"burden of production, sometimes called the â€Å"burden of going forward with evidence,† refers to which party must initially come forward with evidence on an issue.   At times, while these distinct burdens are often borne by the same party, at times one party may have the responsibility to step forth with evidence concerning some issue (burden of production) while the other party maintains the responsibility to satisfy the decision-maker with respect to that issue (burden of persuasion). There are two cases that are probative on the issue.   The first is NLRB v. Transportation Management Corp, 462 U.S. 393 (1983) which held that the â€Å"burden of proof† in 556 (d) refers only to the â€Å"burden of production†. The second case, Director, Office of Workers’ Compensation Programs v. Greenwich Collieries, 512 U.S. 267 (1994) reached an opposite conclusion and broke with long-established holdings and the first case, to define that, â€Å"burden of proof† and â€Å"burden of persuasion† are the same and opposite from the â€Å"burden of production†. In the case of EES however, since a federal agency issued the license in the hearing, the federal APA will apply procedures consistent with the procedures established by case law:   the agency has the â€Å"burden of proof† (also, the â€Å"burden of production†) and must come forward with the proof of the issue.   The EES then has the â€Å"burden of persuasion†, and must come forward with evidence that outweighs the agency’s. evidence. 2.   Requesting an Administrative Judge under the Florida Administrative Procedures Act The EES’s request for an administrative law judge would be in response to an initial ruling in the agency’s favor.   Robert C. Downie II   in his article, â€Å"Florida Administrative Procedures Act remedies survey† (Downie II, 2003), explains that a request for an administrative law judge is a challenge to any initial ruling in favor of the agency (which is analogous to our case: the EES seeks to challenge the agency’s decision. In his article Downie II also states that according to Fla. Stat. section 120.569(2)(a): â€Å"All rule challenges are filed at the Division of Administrative Hearings (DOAH) and are assigned to an administrative law judge (ALJ) for a formal evidentiary hearing. A hearing is essentially a non-jury trial. Following the hearing, the ALJ will issue the final order, which may be appealed to the appropriate district court of appeal. Generally, a rule can be challenged on three basic grounds, or any combination thereof: procedural errors, lack of authority, and substantive deficiencies. These grounds collectively are referred to as â€Å"invalid exercises of delegated legislative authority.† 3.  Ã‚  Ã‚  Ã‚  Ã‚     The Fairness of the Hearings Process:   Differences between Federal APA and Florida APA According to the federal APA there is a series of steps to determine if adjudication is required.   They are as follows:  § 554(a) – The Test: Formal adjudication only required when the agency’s statute requires determination on the record after a hearing. * If so, use  § 556-57.   Then, after determining that formal adjudication is required, certain procedural rules come into play, which according to  § 554 requires the use of procedures typically used at trial. Notice.  § 554(b) Opportunity to reach a settlement.  § 554(c)(1) Must be conducted in accordance with  § 556 and  § 557.  § 556 – Addresses the hearing procedures; authorizes use of ALJs ( § 556(b) – (c)) and places the B/P on the agency. Any decision must be based on the evidence in the record.  § 556(d) Also, agency decisions of fact in formal   APA proceedings are reviewed under the substantial evidence standard.    This means that the reviewing court will only hold an agency’s actins unlawful in six instances, when based on a review of the facts the court finds the agency’s actions have been: (1)  Ã‚   unlawfully withheld or unreasonably delayed; and (2)   conclusions found to be— (A) arbitrary, capricious, an abuse of discretion, or otherwise not in accordance with law; (B) contrary to constitutional right, power, privilege, or immunity; (C) in excess of statutory jurisdiction, authority, or limitations, or short of statutory right; (D) without observance of procedure required by law; (E) unsupported by substantial evidence in a case subject to sections 556 and 557 of this title or otherwise reviewed on the record of an agency hearing provided by statute; or (F) unwarranted by the facts to the extent that the facts are subject to trial de novo by the reviewing court. In making the foregoing determinations, the court shall review the whole record or those parts of it cited by a party, and due account shall be taken of the rule of prejudicial error.   APA  § 706 However, in contrast as we’ve seen under Florida’s APA, adjudication is required in three circumstances (procedural errors, lack of authority, and substantive deficiencies), at the request of the party who seeks to appeal the decision. 2. Fairness in the Administrative Procedures:   Florida’s APA v. The Federal APA I think the Florida’s APA is much more fair than the federal APS because it allows for review of a broader range of issues, while the federal APA has narrowed the range of issues that it will review regarding an agency’s decisions.  Ã‚   In effect, I feel that the difference allows for bias in favor of limiting the review of agency decisions.    Further, there is one other way in which the ability to review agency decisions, is biased to favor the agency according to the federal APA, which has to do with the scope of judicial review that the agency must withstand:   the scope of the judicial review of an agency’s decisions depends on the agency’s choice of procedures. References Asimow, Michael. (2003).â€Å"A Guide to Federal Agency Adjudication,† American   Bar Association .   Retrieved February 23, 2009, from Google books. Downie II, Robert C. (2007). â€Å"Florida Administrative Procedures Act remedies survey†Ã‚   Retrieved February 23, 2009, from  Ã‚   http://www.floridabar.org/DIVCOM/JN/JNJournal01.nsf/4f0361bef4af101e85256f4e How to cite Federal Administrative Procedures, Papers

Current Development in Accounting Thought - MyAssignmenthelp.com

Question: Discuss about theCurrent Development in Accounting Thought. Answer: Introduction: This segment intends to survey the chances for improvement, which are brought up with respect to Financial Accounting Standards Board (FASB) in connection to worker share-based accounting of instalment related with the compensation stock. Four respondents have been considered for giving remarks on the draft of exposure. The assessment of this area signifies that the extra tax reduction and insufficiency acknowledgment in the salary articulation require not be embraced. Likewise, the approach of symmetrical value could be started for limiting the consumption unpredictability from the income statement (Chakraborty, Chiu Vasarhelyi, 2014). Issues in Exposure Draft/Comment Letters: FASB has started and proposed diverse benchmarks of bookkeeping and it acknowledges remarks and drafts of presentation from various businesses and corporate associations. The proposition under talk considers the standard of representing refreshing the stock-based pay having the point number of 718. In particular, this standard is "Changes to Non-worker Share-Based Payment Accounting". For guaranteeing minimisation of cost, it is important to enhance non-worker share-based instalment. Notwithstanding, there are different complexities related with get ready and keeping up the handiness of data, as shown in the budgetary reports. At last, the report reveals insight into the diverse concurred and non-concurred remarks with respect to the start of such standard on enhancing the bookkeeping method to decide its advantages. The IASB has made sure that reporting organizations make inappropriate materiality evaluations and such evaluations might result in non-relevant information that is bein g omitted. Such practice statement does not cover materiality considerations considered by auditors for such purposes. It has been gathered that progressions in non-worker share-based instalment accounting are significant for maintaining the suppositions of the non-representatives to complete business operations in a better way. This standard has advanced a few thoughts to empower every association for partaking during the time spent remarking to acquire input. The FASB has introduced the progressions as inquiries and the associations are expected to remark on the same, in the event that they are concurring or opposing this idea. In addition, the associations need to remark on those inquiries just that are related with their business operations. Some of these inquiries involve impose insufficiencies and advantages, cost and multifaceted nature alongside keeping up data inalienable in the financial reports. Also, they incorporate the relationship between surplus tax benefits and cash flows, authorization for the companies in maintaining information within financial report, proposed business expansion and strategy for tax payment method. By getting the criticisms, it is conceivable to learn the convenience of these progressions for the general economy. Agreement and Disagreement by Respondents: The accompanying answers have been gathered from the chosen four respondents: Heiskell and MacGillivray and Associates: It is an inspecting and accounting association working in Australia and they have consented to the annihilation of PIC bookkeeping apparatus for diminishing the cost level and issues in the bookkeeping procedure. Moreover, it has even consented to incorporate remuneration cost in the pay articulation, which requires the usage of tax cuts and deficiencies. For the third question related with categorisation of duty money streams, it concurs that such activities could be pronounced as working action. In this way, they have concurred with every one of the progressions proposed with respect to FASB, as they are in accordance with general society intrigue and this accounting standard is valuable for both associations and representatives. Raytheon Company: It is one of the main imaginative and mechanical organizations well known for safeguard innovations, common market programming and instruments of security in the worldwide markets. The association depends on US meaning to create compelling corporate administration. It has given responses to the inquiries 2, 3 and 5 innate in the draft of introduction. It has couldn't help contradicting Heiskell and MacGillivary and Associates in regards to the recognizable proof of surplus tax breaks and lacks in the income statement. Rather, it has prescribed an approach of symmetrical value for getting better results; all things considered acknowledgment would just fulfil people in general enthusiasm by overlooking the authoritative intrigue. In any case, it has concurred that assessable financial streams could be pronounced as a working action and it has allowed the conservation add up to the best negligible expense rate. American Bankers Association: This is a relationship, in which the bank members work in USA and they mean to enhance the working exercises and the general managing an account framework. The association has concurred with the progressions of FASB; nevertheless, it has restricted the distinguishing proof of surplus duty lacks and advantages in the salary articulation. The explanation for such contradiction is that it would bring about varieties in the remuneration costs and money related reports. In this way, as indicated by this affiliation, the vast majority of the proposals would be advantageous to guarantee both open and private enthusiasm, aside from the rejected one. Visa Inc: It is an overall pioneer in innovation of online instalments expecting to enhance the worldwide instalment technique. It has been watched that the progressions would be advantageous; nonetheless, the difference is identified with the recognizable proof of surplus tax reductions and lacks in the salary explanation. These progressions would limit issues for some associations; be that as it may, the cost instability in connection to wage assessment may be expanded. In this manner, these progressions meet the general population intrigue entirely and the hierarchical intrigue to a great extent, with the exception of the rejected one. Assumptions behind the Theories of Regulation: This proposal is effective for enhancing the stock pay systems of the worldwide associations. It has meant to upgrade the financial explanation readiness and limit the load of the accountants and financial instalments of the businesses for tax holding purpose. The fundamental issue related to the proposition is distinguishing proof of surplus tax breaks and lacks in the income statement, as it would guarantee general society intrigue completely to improve the economy. In any case, it needs to guarantee private enthusiasm too to build the legitimacy of the proposition (Chatfield Vangermeersch, 2014). Three theories of regulation include private interest theory, capture theory and public interest theory. Public interest theory can serve as an economic theory that considers regulations is gradually supplied in account to public demand in order to correct inequitable market practices. Private interest theory involves individuals working in government sector and is motivated by a narrow concept of self-interest such as fame, wealth and power. Regulatory capture theory served as a process through which regulatory agencies generally becomes dominated by limited industries those they are charged with regulations. Theory that Best Explains Exposure Draft/Comment Letters Public interest regulatory theory is deemed most suitable for explaining exposure draft and comment letters. Based on such theory application the international accounting standard board considers publishing public comment for the exposure draft regulatory deferral accounts being an aspect of re-activated rate-regulated conducts research project. Conclusion: From the above discussion, it has been found that lone Heiskell and MacGillivray and Associates have concurred with every one of the progressions set down with respect to FASB. Be that as it may, alternate respondents have not concurred with the reorganization of surplus tax benefits and deficits in the income statement. This is because it may increase the expense volatility in connection to income statement. Consequently, it could be induced that FASB needs to guarantee private enthusiasm to expand the legitimacy of the proposition, despite the fact that the general population interest is completely met. References: Anderson, U. L., Doxey, M. M., Geiger, M. A., Gist, W. E., Janvrin, D. J., Polinski, P. W. (2016). Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on FASB Exposure Draft of Proposed Accounting Standard Update: Notes to Financial Statements (Topic 235): Assessing Whether Disclosures Are Material: Participating Committee Members.Current Issues in Auditing,10(2), C1-C9. Anessi-Pessina, E., Barbera, C., Sicilia, M., Steccolini, I. (2016). Public sector budgeting: a European review of accounting and public management journals.Accounting, Auditing Accountability Journal,29(3), 491-519. Atkinson, G., Dietz, S., Neumayer, E., Agarwala, M. (Eds.). (2014).Handbook of sustainable development. Edward Elgar Publishing. Bebbington, J., Larrinaga, C. (2014). Accounting and sustainable development: An exploration.Accounting, Organizations and Society,39(6), 395-413. Braun, G. P., Haynes, C. M., Lewis, T. D., Taylor, M. H. (2015). Principles-based vs. rules-based accounting standards: The effects of auditee proposed accounting treatment and regulatory enforcement on auditor judgments and confidence.Research in Accounting Regulation,27(1), 45-50. Chakraborty, V., Chiu, V., Vasarhelyi, M. (2014). International Journal of Accounting Information Systems.International Journal of Accounting Information Systems,15, 122-148. Chatfield, M., Vangermeersch, R. (2014).The history of accounting (RLE accounting): an international encylopedia. Routledge. Du, K., Givoly, D., Alhusaini, B. (2017). The Impact of the Codification of Accounting Standards on Compliance and Reporting Costs, and its Usefulness for Empirical Research. Markelevich, A., Riley, T., Shaw, L. (2015). Towards Harmonizing Reporting Standards and Communication of International Financial Information: The Status and the Role of IFRS and XBRL.Journal of Knowledge Globalization,8(2). Watts, R. L., Zuo, L. (2016). Understanding practice and institutions: A historical perspective.Accounting Horizons,30(3), 409-423.