Exam Speech or Presentation Example | Topics and Well Written Essays - 1250 words

Exam - Speech or Presentation Example This leads to mistakes while driving and accidents follow. Similarly, driving at extremely high speed increases the number of accidents because any slight driving mistake at such high speeds are fatal. Reckless driving also increases rates of accidents through collision with other vehicles, pedestrians or objects along the road (Hour, 2007). The coefficient of determination can be directly obtained from excel’s summary of output. It is given by the value for R2 in the summary output. According to the data, the coefficient of determination is given by, Coefficient of determination represents the proportion of the dependent variable that can be explained by the explanatory variables. The value from the output statistics therefore indicates that the regression formula explains about 64.32 % of the data. The correlation coefficient indicates the degree and direction of correlation between variables. It shows how strong the variables are related with high absolute values (closer to one) indicating strong correlation while low absolute values (closer to zero) indicates weak correlations. Positive values of the coefficient of correlation indicate a direct relationship between the variables while a negative value indicates an inverse relationship between the variables. The value of coefficient of correlation, 0.802, indicates that the age and number of concerts visited are directly correlated. The correlation is further identified to be strong as the coefficient is closer to one. The model represents a multiple regression. This is because simple regression is characterized by existence of a single explanatory variable while multiple regressions have more than one independent variables. The model under consideration has three independent variables, which qualifies it for a multiple regression. Where y is the age at death and x1, x2 and x3 are

Loneliness in the modern age Essay Example for Free

Loneliness in the modern age Essay Loneliness is inevitable; it is crafted out of the modern world and thus is inseparable from it. It is so pervasive that to be human is to be lonely (as cited in Rokach, 2004). Humankind is continually struggling to escape the solipsistic prison of painful alienation, the agonizing pain of loneliness, and its gnawing, saddening, and terrifying effects (as cited in Rokach). This everlasting battle drives peoples lives the fear motivates people to attend to and connect with others but in a self-protective and paradoxically self-defeating fashion (Cacioppo, Hughes, Waite, Hawkley, Thisted, 2006). Social isolation is a more tangible seclusion as opposed to the subjective experience of feeling lonely which is the longing to fit in and the resultant experience when one cannot. However, both experiences are particularly prevalent in North American culture. Individuals of the contemporary Western society are subject to comparatively high levels of loneliness and social isolation a result of increasing reliance on technology, selfish ideals, and the pressure culture places to develop relationships. This culminates in poor psychological health and quality of life, creating a cycle of further alienation. Western culture is to blame for the increasing levels of social isolation among the population. North Americans have significantly higher levels of loneliness compared to other cultures (Rokach Neto, 2005). Though humans inherently desire closeness, it is the mechanized society to which they belong that is forcing them apart by way of more leisure, either through affluence or unemployment, [living] longer, [increasing] our interaction with computerized equipment, and [continuing] to respond to various financial and corporate demands by frequent mobility (Rokach). It is the lifestyle of the modern world rather than a single source that sustains loneliness: normality is associated with such conditions as spiritual and emotional emptiness, Type A personality, and workaholism (as cited in Rokach Neto). Society is structured in such a way so that to eliminate loneliness is to eliminate all that Western culture thrives and is supported on. Without society as a supplement, people cannot survive either; and so, they are caught in the painful experience of loneliness. As Western society becomes more technologically advanced, social isolation is magnified proportionally. Increased reliance technology and the Internet has negative effects on psychological well-being, such as depression and loneliness (Junghyun, LaRose Wei, 2009). High school students with greater hours of engagement on the Internet have higher loneliness levels than the average users (Deniz, 2010). Increased internet usage is both the cause and effect of loneliness; the lonely turn to the virtual world for a sense of connection they cannot achieve in the real world. However, electronic connections cannot take the place of real relationships increased Internet use can increase social isolation as well as depression when it replaces more tangible forms of human contact. (Cacioppo Patrick, 2008, p. 260). As well, North American culture promotes traits such as individualistic success and competitiveness every man for himself. These values are the model for success and are only more pronounced in the modern era; thus, relationships on the whole have become superficial and exist primarily by necessity. Loneliness is a defining factor in the technologically-advanced and selfish Western world. Loneliness is a predominantly Western phenomenon yet the very same society illogically emphasizes the necessity of social connection. Not only does the modern age provide an environment where loneliness and social isolation thrives, it also heightens awareness of such conditions. Social connection involves feeling part of society and not alienated. Society itself encourages connectedness and meaningful relationships an ideal that the population shares. An overwhelming majority [of people rated] love, intimacy, and social affiliation above wealth or fame, even above physical health (Cacioppo Patrick, p. 5) when asked what gave them most happiness. However, loneliness is so prevalent that it is very difficult to attain these goals. As such, when harsh expectations are not met, the feeling of isolation is intensified. Loneliness in itself already causes suffering, but not meeting social requirements unduly worsens the experience. The individual greatly relies on the community for support, a sense of belonging, reciprocal sharing with others and ones sense of identity (Seepersad, Mi-Kyung Nana, 2008) thus, the perceived failure to society greatly weakens self-worth. The inherent need for closeness, amplified by the social expectation of having a romantic partner (Seepersad, Mi-Kyung Nana), prompts people to enter relationships simply to eliminate feelings of social inadequacy and emptiness. In Western countries, individuals view romantic relationships as possibly the most important and central source of love and intimacy (and thus as very needed and desired) (Seepersad, Mi-Kyung Nana). As a result, it appears, for instance, that a good number of marriages start as a panacea to loneliness (Rokach). However, expectations to have suffering eliminated by these artificial relationships are often not met hence the high divorce rate. These unfulfilled expectations resulting in a lack of real, meaningful relationships constitutes an inability to connect with others. This notion in turn is consistently associated with issues of self-esteem [and] perceptions of social competence. (Hall-Lande, Eisenberg, Christenson Neumark-Sztainer, 2007). Western cultures paradoxical expectations of close relationships in a lonely world only causes more suffering and further loneliness.

The Human Services Worker

The Human Services Worker Human Services Worker is a generic term for people who hold professional and paraprofessional jobs in such divers settings as group homes and hallway houses; correctional, mental retardation, and community mental health centers; family, child, and youth service agencies, and programs concerned with alcoholism, drug abuse, family violence, and aging (Harris, Maloney, and Rother, pg. 205). Human services have helped lots of people to manage their life or get them back on their feet. Human services are broad, and contain a lot of job titles. One thing that human service workers all have in common is their desire to help others. The primary purpose of human service worker is to assist individual and communities to function as effectively as possible in the major domains of living (NOHS, 2012). They are people who have the patience, understanding, and caring in their dealings with others is highly valued by employers (NOSH, 2012). Case worker refers to an individual who possesses a degree in social work from a school or program accredited by the Council on Social Work Education (NASW, 2010). Case worker, is a primary method of social work that is concerned with the change and improvement of helping people towards a satisfying human relation. Case worker are employed by large number of organizations. In America, most government agencies that provide social services to children in poor or troubled families have a staff of caseworkers, each of whom is assigned a proportion of the cases under review at any given time (Enwikipedia, 2012). Case worker does a lot each day depending on where the work and their level of expertise. The kind of services that they provide varies widely. They can work with people who are without shelter or home, ill, or with family that has issues. Case worker provides resources to the people who are in need of them. An example would be like, providing families a parenting class that can help fix their family difficulties. They set up programs that will provide some sort of help. There are many case workers who give out counseling help. Case worker (social work profession) has increasingly highlighted the importance of racial diversity and cultural competency training in social work education and pra ctice (Freeman, 2010). There are two types of case worker (social worker): direct-service social worker who help people solve and cope with problems in their everyday lives, and clinical social workers, who diagnose and treat mental, behavioral, and emotional issues (Occupational Outlook Handbook, 2012). Direct-service case workers usually help address everyday problems from finding work or applying for government aid. Direct-case social workers typically do the following (Occupational Outlook Handbook, 2012): Identify people who need help Assess clients needs, situations, strengths, and support networks to determine their goals Develop plans to improve their clients well-being Help clients adjust to changes and challenges in their lives, such as illness, divorce, or unemployment Research and refer clients to community resources, such as food stamps, child care, and healthcare Help clients work with government agencies to apply for and receive benefits such as Medicare Respond to crisis situations, such as natural disasters or child abuse Advocate for and help clients get resources that would improve their well-being Follow up with clients to ensure that their situations have improved Evaluate services provided to ensure that they are effective Direct-service workers and clinical case workers both help out people to improve their living situation in some ways, but the services they provide can be different as well. Clinical case workers generally help address mental health problems. Clinical case workers typically do the following (Occupational Outlook Handbook, 2012): Diagnose and treat mental, behavioral, and emotional disorders, including anxiety and depression Provide individual, group, family, and couples therapy Assess clients histories, backgrounds, and situations to understand their needs, as well as their strengths and weaknesses Develop a treatment plan with the client, doctors, and other healthcare professionals Encourage clients to discuss their emotions and experiences to develop a better understanding of themselves and their relationships Help clients adjust to changes in their life, such as a divorce or being laid-off Work with clients to develop strategies to change behavior or cope with difficult situations Refer clients to other resources or services, such as support groups or other mental health professionals Evaluate their clients progress and, if necessary, adjust the treatment plan They both can be employed in a variety of settings like in the government agencies, nonprofit agencies, school or the hospitals. Case workers are employed to help people direct the social services that are available to them. They both work as an encouraging help for people to become emotionally and financially stable so they can support themselves. In order to build a good relationship with their client, there are specific needs that clients would need to know. The principles of building a good relationship with a client are crucial. According to Diane Depanfilis and Marsha K. Salus (2003): The client has a need to be treated as a unique individual rather than a case, a type, or a category. Clients need to express both negative and positive feelings. Clients need sympathetic understanding of and response to the feelings expressed. There is a delicate balance between being personally and emotionally involved with a client and maintaining a degree of professional objectivity. Clients need to be accepted as people of worth and inherent dignity regardless of personal problems and past failures. Clients have a need to be neither condemned nor judged for the difficulties in which they find themselves. Clients have a need to make their own choices and decisions. Clients have a need to keep personal information as secret as possible. It is important to have this kind of relations with their client as their case worker. Before we can fully understand what case workers do, we need to know the history of case worker (social worker) in the United States and its roots in the struggle of society to deal with problems that are associated with them. Case worker developed in the United States reflected on an ongoing mixture of ideas derived from different kind of cultures throughout history. Just as social workers appreciate the necessity of viewing individuals within context- be they social, cultural, or physical- so social work as a practice and a profession must be viewed within its sociohistorical context (Pozzuto Arnd-Caddigan, 2008). Even before the American Revolution, services to the poor, to children, and to the mentally ill had been established in North America, many used the poor laws that were established in England to define who should receive services and the content of those services (SagePub.com, 2012). By the early 19th century, it was said that the states had begun providing relief through towns and counties. Their efforts were often poor and were self-help organizations that began to add-on to their efforts. There were lots of social welfare policies and programs that were taken for granted that occur within U nited States history. Since the first social work class was offered in the summer of 1898 at Columbia University, social workers have led the way developing private and charitable organizations to serve people in need (NAWS, 2012). Social workers continue to address the needs of society and bring our nations social problems to the publics attention. The case worker profession devised standards and training and advocates social research and scientific methods. Their profession lead to a more consistent and focused on care for individual who are in need and a desire for social change. Our states take in responsibilities for distributing relief from towns and counties. Many of the benefits were taken for granted came about because social worker working with families and institutions spoke out against abuse and neglect (NASW, 2012): The civil rights of all people regardless of gender, race, faith, or sexual orientation are protected. Workers enjoy unemployment insurance, disability pay, workers compensation and Social Security. People with mental illness and developmental disabilities are now afforded humane treatment. Medicaid and Medicare give poor, disabled and elderly people access to health care. Society seeks to prevent child abuse and neglect. Treatment for mental illness and substance abuse is gradually losing its stigma Case worker falls under the human services that are broadly define in maintaining to improve the quality of life services to the populations has standards that must be followed or met through the National Organization for Human Service Education (NOHSE). The National Organization for Human Service Education (NOHSE) developed the Ethical Standards of Human Services Professionals. Case worker functions in many ways, carries many roles and responsibilities. Case workers have a long tradition with the concern of ethical dilemmas. There are several methods for dealing with ethical dilemmas. One of the most common and accepted method is the development and implementation of a professional code of ethics. The development of a code of ethics for the purpose of ethical dilemmas is involved in the development and recognition of a profession by society. Professional ethics are concerned with the correct course of professional actions when dealing with ethical dilemmas. Human Services ethics are designed to help case workers decide whether two or more challenging goals are the correct one for the given situational background. Case worker makes decisions that may affect only a few but in some case their decisions may also affect a crowd of people . There is no sure way of resolving ethical dilemmas but by knowing and honoring the ethical standards will help the case worker in making decisions that will be of the greatest benefit for the client. The ethical standards of the human services professional are a set of fifty-four guidelines developed by NOSHE to outline the human service professional responsibility to clients (NOSHE, 2012). There are lots of ethical issues and dilemmas that case worker will face, such as confidentiality. Case worker must have a capacity to handle any situation. As a case worker, they need to make sure that their clients are aware of their rights and responsibilities, such as confidentiality. By maintaining confidentiality of information is very important. The rights and responsibilities are often laid down in legislation, codes of practices and policy documents. Case worker should always think carefully before talking to their colleagues and clients, and always ask whether a person really needs to know about your client. The confidentiality must be kept within certain borderlines, and can be broken when other service users rights come into conflict. Case worker should respect their clients right to keep any information private. There may be certain information that may need to be passed to a senior member of the staff when there is someone who might be in danger. Clients can expect that you do not discuss their details with anyone else without their permission. Trust is very importan t. Case worker does provide a variety of resources and help to the people who need it. Human service profession is one that promotes improved service delivery systems by addressing not only the quality of direct services, but by also seeking to improve accessibility, accountability, and coordination among professionals and agencies in service delivery (Harris, Maloney, Rother, pg. 205). Case worker is here to assist people towards a better life as possible. They are there to help people overcome problems and make their lives better. They might work with people who are homeless, sick, or having family problems. They should be prepared to challenge attempts to undermine the professions traditional values through case work that will withstand commitment to vulnerable and worried people. They can work within government agencies, non-profit agencies, to school and to the hospitals. They must attempt to anticipate the emergence of ethical issues that, while perhaps unimaginable today, are li kely to arise in the future as a function of societal and other changes. Maybe perhaps as a result of technological developments that may have ethical implications.

Ethics in Business :: GCSE Business Marketing Coursework Essays

*From a business perspective, working under government contracts can be a very lucrative proposition. In general, a stream of orders keep coming in, revenue increases and the company grows in the aggregate. The obvious downfalls to working in this manner is both higher quality expected as well as the extensive research and documentation required for government contracts. If a part fails to perform correctly it can cause minor glitches as well as problems that can carry serious repercussions, such as in the National Semiconductor case. When both the culpable component and company are found, the question arises of how extensive these repercussions should be. Is the company as an entity liable or do you look into individual employees within that company? From an ethical perspective one would have to look at the mitigating factors of both the employees and their superiors along with the role of others in the failure of these components. Next you would have to analyze the final ruling from a corporate perspective and then we must examine the macro issue of corporate responsibility in order to attempt to find a resolution for cases like these. The first mitigating factor involved in the National Semiconductor case is the uncertainty, on the part of the employees, on the duties that they were assigned. It is plausible that during the testing procedure, an employee couldnt distinguish which parts they were to test under government standards and commercial standards. In some cases they might have even been misinformed on the final consumers of the products that they tested. In fact, ignorance on the part of the employees would fully excuse them from any moral responsibility for any damage that may result from their work. Whether it is decided that an employees is fully excused, or is given some moral responsibility, would have to be looked at on an individual basis. The second mitigating factor is the duress or threats that an employee might suffer if they do not follow through with their assignment. After the bogus testing was completed in the National Semiconductor labs, the documentation department also had to falsify documents stating that the parts had surpassed the governmental testing standards. From a legal and ethical standpoint, both the testers and the writers of the reports were merely acting as agents on direct orders from a superior. This was also the case when the plant in Singapore refused to falsify the documents Ethics in Business :: GCSE Business Marketing Coursework Essays *From a business perspective, working under government contracts can be a very lucrative proposition. In general, a stream of orders keep coming in, revenue increases and the company grows in the aggregate. The obvious downfalls to working in this manner is both higher quality expected as well as the extensive research and documentation required for government contracts. If a part fails to perform correctly it can cause minor glitches as well as problems that can carry serious repercussions, such as in the National Semiconductor case. When both the culpable component and company are found, the question arises of how extensive these repercussions should be. Is the company as an entity liable or do you look into individual employees within that company? From an ethical perspective one would have to look at the mitigating factors of both the employees and their superiors along with the role of others in the failure of these components. Next you would have to analyze the final ruling from a corporate perspective and then we must examine the macro issue of corporate responsibility in order to attempt to find a resolution for cases like these. The first mitigating factor involved in the National Semiconductor case is the uncertainty, on the part of the employees, on the duties that they were assigned. It is plausible that during the testing procedure, an employee couldnt distinguish which parts they were to test under government standards and commercial standards. In some cases they might have even been misinformed on the final consumers of the products that they tested. In fact, ignorance on the part of the employees would fully excuse them from any moral responsibility for any damage that may result from their work. Whether it is decided that an employees is fully excused, or is given some moral responsibility, would have to be looked at on an individual basis. The second mitigating factor is the duress or threats that an employee might suffer if they do not follow through with their assignment. After the bogus testing was completed in the National Semiconductor labs, the documentation department also had to falsify documents stating that the parts had surpassed the governmental testing standards. From a legal and ethical standpoint, both the testers and the writers of the reports were merely acting as agents on direct orders from a superior. This was also the case when the plant in Singapore refused to falsify the documents

Misanthrope’s Satire

?Sarah Newsome 3-19-10 2nd Period Misanthrope Response The gossip session Moliere reveals in The Misanthrope among Acaste, Clitandre, and Celimene is that of a double satire. This conversation exemplifies Moliere’s satirical attitude towards the hypocrisy of individuals as well as a society which accepts, even forces, such falsehoods. He is equally critical of Alcaste’s impliant rectitude as he is of the other characters’ sense of falsehood. However, Moliere’s greatest satire focuses on the society which instigates both extremes as he carefully crafts each character and their dialogue. Moliere develops the characters of Philante and Eliante with the perfect balance of honesty and forgiveness so the satirical focus is on the corrupt society rather than the characters. Philante’s character is one of exculpation and acceptance, especially involving his fellow men and his selfless friendship with Alceste. Nonetheless, he is not afraid to suggest the idea of moderation when speaking the brutal truth as he stands up to Alceste by saying. â€Å"†¦you have a way of bridling at whatever people say; whether they praise of blame, your angry spirit is equally unsatisfied to hear it. † Similarly, the observant Eliante notices the nature of Celimene as a -gossip queen and even comments on it aloud when she says to Philante, â€Å"The conversation takes it’s usual turn, and all our dear friends’ ears will shortly burn. In such a simple sentence Moliere is able to speak through Eliante and Philante to express his condemnation of Celimene, Acaste, and Clitandre by admitting that dishonestly is constructed and accepted by society. Additionally, Moliere satirizes society by speaking through them in order to recognize that while not all people are hypocrites, society is the greatest threat as it accepts the false hypocrisies that do exist. Without the encouragement of suitors such as Acaste and Clitandre, Celimene would have less reason to degrade others. Likewise, without a society so accepting of falsehoods, Alceste would have less reason to be so cynical and disapproving of humanity. Therefore, although Moliere is equally critical of Acaste’s impliant rectitude as he is of the other characters’ dominating acceptance of untruth, the author’s greatest amount of satire is focused on the society when compels both extremes.

Partnership and Limited Liability Partnership Organization Essay

Introduction This is a report that shows a comparison between both Partnership and Limited Liability Partnership organization and to advise Mr. Tan on the business organization that is more likely to fit his needs for setting up a new consulting business. For this particular project, our group assumed that Mr. Tan used to be an accountant working for a big accounting firm and is now looking to set up a small accounting consultancy business. 1Process Required to Setup Business Organization Below are the processes to setting up a partnership and a limited liability partnership business organization respectively: 1.1Partnership Firstly, the partners have to fill with the Registrar an application for approval and reservation of partnership name. After the application is being approved, a partnership is required to be registered online via BizFile with ACRA through a professional business registration firm if both of the partners are not local citizen. The partnership must have at least two partners for registration. Following are the information needed: 1) Proposed name of the Partnership 2) Particulars of the partners/managers (foreign passport or Singapore ID) 3) Residential address of the partners/managers 4) Consent to Act as Manager and Statement of Non Disqualification to Act as Manager 5) If partner is a company: Registration details of the company 6) Singaporean or PR must pay Medisave 7) Declaration of compliance ACRA will then send an email of notification confirming the registration. A  business profile containing the registration details can be obtained as a softcopy via email from ACRA upon successful registration. Softcopies are usually sufficient to all purposes in Singapore. (enterAsia Information Services Pte Ltd, 2010) 1.2Limited Liability Partnership Firstly, the partners have to fill with the Registrar an application for approval and reservation of LLP name. After the application is being approved, an LLP is required to be registered online via BizFile with ACRA through a professional business registration. Following are the information needed: 1) Proposed name of the Limited Liability Partnership 2) Particulars of the LLP partners/managers (foreign passport or Singapore ID) 3) Residential address of the LLP partners/managers 4) Consent to Act as Manager and Statement of Non Disqualification to Act as Manager 5) If partner is a company: Registration details of the company 6) Declaration of compliance ACRA will then send an email of notification confirming the Singapore LLP registration. A business profile containing the registration details can be obtained as a softcopy via email from ACRA upon successful registration of the LLP. Softcopies are usually sufficient to all purposes in Singapore. (enterAsia Information Services Pte Ltd, 2010) 2Legal Characteristics of Each of the Business Organizations 2.1The Characteristics of Partnership (ASSAR, 2011) Two or more persons: Partnership involves business by a group of persons. There must be at least two persons to bring partnership into existence. Although there is no maximum number required in the Partnership Act, the Companies Act has placed a maximum limit 20 people in a business. A company must be registered if there are more than 20 people in the business. Contractual Relation: A partnership is a contractual relationship arising out of an agreement among the partners, a person does not become a partner out of his status as is the case in joint family. Persons entering in partnership must be competent to enter into a contract as it is essential, and the agreement among partners may be oral or in writing. A written agreement or deed is preferred because it helps in resolving some disputes among partners later on. Lawful Business: A partnership agreement only exists in a lawful business. Sharing of profits: An agreement among partners must include the sharing of profits and losses. A charitable trust cannot be called partnership because there is no sharing of profits. Profit sharing is only a superficial evidence of partnership but not a conclusive proof. The employees of a business may also share profits but they are not the partners. No Separate Legal Existence: A partnership firm is not a legal entity of its own. This means that the firm and the partners are one and the same. A firm is only a name to the collective name of partners and no firm can exist without partners. The rights and liabilities of the partners are the rights and liabilities of the firm. Management of the firm vests in partners who are its owners also. Unlimited Liability: Every individual partner is liable jointly and severally for the obligations of the partnership firm. Therefore, if assets of the business are not sufficient to meet the liabilities of creditors then private property of partners can be used to meet them. The creditors can claim their dues from anyone or all the partners. If these liabilities are met by one partner then he is entitled to receive rateable contributions from other partners. Restriction on Transfer of Shares: No partner can transfer his shares to an outsider without the unanimous consent of all other partners. It is based on the principle that a partner being an agent of the firm cannot delegate his authority unilaterally to outsiders. Utmost Good Faith: The very basis of partnership business is good faith and mutual trust. Each and every partner should act honestly and fairly in the conduct of business. A firm cannot be run if there is suspicion among partners. Partners must have faith in each other for running the business smoothly. 2.2The Characteristics of Limited Liability Partnership (LLP) A limited liability partnership is a business structures that operates similar to a partnership organizational structure. The difference is the limited personal liability afforded to each member of the company. Each partner is responsible for their own actions while conducting business. LLPs are tailored for professionals, such as doctors, lawyers and accountants. (Howell, 2012) Every Partner Equal: Each partner is an equal member in a LLP company. They decide together on various company issues, such as the name of the business, where it is located and how it is going to be operated. Partners also share equally in the profits and losses of the business. The number of people in LLP must not exceed 20. Limited Liability Protection: Each partner in this type of company is protected against the actions of the other partners which results in a lawsuit. For example, if one partner is subject of a malpractice claim and loses in court and have to pay damages, the other partners are not held financially responsible. However, partners in a LLP are liable for the obligations of the company such as loans used to purchase equipment and utility expenses. Pass Through Taxation of Profits: A limited liability partnership company is taxed similar to a business formed under the partnership and sole proprietorship organizational structures by a process called pass-through taxation. The company profits are not taxed at the company level but instead  are â€Å"passed through† to the partners to be reported on their individual tax returns. This prevents the double taxation that occurs in corporations where profits are taxed at the company and shareholder levels. 3Advantages and Disadvantages of Partnership and LLP 3.1Partnership Advantages of Partnership 1. Capital: Due to the nature of the business, the partners would contribute their share of capital to start up the business. Hence, the more partners there are, the higher the amount they could put into the business. This would give the partners better flexibility and greater potential for growth. It also means more potential profit, which would be equally shared between the partners. 2. Flexibility: It is generally easier to form, manage and run a Partnership. There are fewer restrictions in a partnership than in companies, in terms of the laws governing the formation. As the partners have the only say in the way the business is run without the interference of shareholders, they are far more flexible in terms of management, as long as all the partners can agree. 3. Shared Responsibility: Partners would be able to share the responsibility of the running of the business. This would allow the partners to make the most of their abilities and potential. Instead of dividing the management and taking equal shares of each business tasks, they would be able to divide the work according to their skills. Thus, if one partner is good with figures, they could deal with the book keeping and accounts, while the other partners might have different niche areas and specialize in different tasks. 4. Decision Making: Partners share the decision making and can help each other out when needed. With more partners means more brainstorming could be in place and the information they came out with could be picked out for  business ideas and for the solving of problems that the business may encounter. (Adrain, 2010) Disadvantages of Partnership 1. Disagreements: One of the most common disadvantages of partnership is the possibility of disagreements between the partners. People often have mixed ideas on how the business should be run, the task arrangements and are picky about what the best interests of the business are. All these might lead to arguments which might not only endanger the business, but also the relationship of those involved. That is why it is always preferred to draft a deed of partnership during the formation period to ensure that all partners are aware of what are in place in case of disputes and prepare for the procedures if a partnership is dissolved. 2. Agreement: As the partnership is jointly run, it is crucial that all the partners agree with decisions that are being made. This means that in some situations there is less freedom with regards to the management of the business. This is especially so compared to sole traders, where the sole trader need not seek agreement from anyone but himself. 3. Liability: Ordinary Partnerships are subject to unlimited liability, which means that each of the partners shares the liability and financial risks of the business equally. This might put of the idea of partnership for some people, as they might not want to take the risk. 4. Profit sharing: As partners share the profits equally, it can lead to inconsistency where one or more partners are not contributing a fair share of effort into the running or management of the business, but still reaping equal rewards. 3.2Limited Liability Partnership Advantages of Limited Liability Partnership (Janus Corporate Solutions, 2008) 1. Separate Legal Identity: A limited liability partnership has a separate legal identity. They can own properties, at the same time they can  enter into contracts, and sue or be sued in its’ own name. 2. Limited personal liability: The partners of the limited liability partnership will not be held personally liable for any business debts incurred by the limited liability partnership or the wrongful acts of their partners. A partner may, however, be held personally liable for claims from losses resulting from his own misconducts or omission. 3. Perpetual succession: Any changes in the limited liability partnership (e.g. resignation or death of its partners) do not affect its existence, rights or liabilities. 4. Ease of compliance: Compliance requirements are more complex than sole proprietorship but simpler than a private limited company. Disadvantages of Limited Liability Partnership (Janus Corporate Solutions, 2008) 1. Formation of limited liability partnership requires a minimum number of 2 partners at all times. 2. Individual partners can commit the partnership to formal business agreements without the consent of their partners. 3. Limited liability partnership lacks the ease of ownership transfer and investment that a company structure provides. 4. There are no corporate tax benefits: Tax exemptions are available to private limited companies but are not available to limited liability partnerships. A limited liability partnership is treated as tax transparent which means that limited liability partnerships are not taxed as an entity. Instead each partner is taxed on their share of the profits as per the personal income tax rates. 4Analysis on Choosing the Business Organization Since Mr. Tan is setting up a business for accountancy consulting, he should  opt for a Limited Liability Partnership organization instead of a Partnership. Mr. Tan is currently new to the business world, and might not have found a partner he could fully trust yet; therefore it is also to his advantage if his partner were to act wrongfully or if there is a change in partners, since in LLPs, partners are not liable for losses to outsiders arising from acts of another partner as compared to an unlimited liability if he were to go into a Partnership. In addition, the LLP is also not subject to full financial reporting and disclosure requirements, such as those on capital contributions and changes to capital (ACRA, 2005). This is an advantage to Mr. Tan’s business. Since the business is small, minor changes to capital will not have to be subjected to full reporting and disclosure. Furthermore, as mentioned earlier, LLPs are tailored for accountants. With that, our group is certain that Limited Liability Partnership Organization will meet the needs of Mr. Tan’s new consultancy business. Bibliography ACRA. (2005, May). Retrieved February 5, 2012, from ACRA Legal Digest Issue 8: http://www.acra.gov.sg/NR/rdonlyres/4B52C6B6-E89B-4DC3-A72C-A9C4BC62AAAB/10278/ACRA_LDI_08.pdf Adrain. (2010). The company warehouse. Retrieved 2012, from The company warehouse: http://blog.thecompanywarehouse.co.uk/2010/03/01/advantages-and-disadvantages-of-partnership/ ASSAR, R. (2011). Publish Your Articles. 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