Cheetah Corp

Background of the Company In the beginning, it set in motion from a family business, and then forms a partnership between Madam Hor Ah Kuan and her son, trading sport apparel way back in 1977. In 1979, Cheetah products came into existence and it start emphasize on designing and brand building for its Cheetah sports apparel, and simultaneously outsourced its manufacturing activities to external manufacturers since then. With the expansion of its portfolio of brand names, such as Cheetah Ladies, Cheetah Junior, C. Union, the business is growing in a good condition and stable. Cheetah Holdings Berhad (CHB) was instituted in year 1979. It was listed on the Second Board of Bursa Malaysia Securities Berhad on 19th January 2005, and it able to make itself to move into First Board of Bursa Malaysia in year 2007. In between these years, CHB has acquired 75% stake in Above Fashion Sdn Bhd and the famous junior brand LadyBird from Woolworth Plc. This makes CHB shown a pretty and nice revenue figure in its annual report of year 2006. One of the greatest accomplishments achieved by CHB is, the apparel maker Cheetah Corporation with sales of US$25 million is one of the nine companies listed on Forbes Asia 2007 list is widely recognized in its consistency of profitability and growth in the last three years, and this has been reported in New Straits Times on 21st September 2007. The main aim of CHB is to grow its bottom line together with its mission and vision of increasing profitability. Besides, it also put emphasize on satisfying stakeholders and enhancing skills of their people to upgrade their research and development. CTB has three small business units. It included Cheetah Corporation (M) Sdn Bhd which is in charge of the company’s core apparel business, Cheetah Reality Sdn Bhd which is in charge of property investment, and Cheetah Marketing Sdn Bhd. Cheetah Corporation (M) Sdn Bhd has entered into an Exclusive Licensee Contract since 21st Jan 2007. It involved with Focus Point Vision Care Group Sdn Bhd, a company incorporated in Malaysia. This is purposed for the exclusive license right to design, develop, produce and sell optical eyewear that carries the brand name of ‘CHEETAH’.

Learning By Doing and Using Instructional Technologies Research Paper

Learning By Doing and Using Instructional Technologies - Research Paper Example   Introduction of microcomputers and internet has greatly influenced teaching and learning. Technology motivates students to learn since it encourages use of hands-on-technology activities making learners more autonomous. Appropriate use of technology in teaching motivates students since encourages creative methods of learning and enables students to remain attentive. Use of technology for teaching affects the learning process in different ways. The instructional methods are affected since teacher or educators act more like facilitators (Hung, 2001; Candace, Sheri, & Lane, 2011).Several theories relate the theories of learning to use technology in teaching. Educational theories embrace any phenomena that contribute to education in either philosophical or general approach. Instructional theories deal with aspects pertaining to instructions. The four main models of learning which include social constructivism, cognivitism, behaviorism, and constructivism form the framework of learnin g and teaching. The learning theories are distinct from the instructional approaches. Behaviorism and cognitivist models showed that the manner in which instructions are given determines the ease of learning. This is because the mind acts as an information processor. It is thus important to use technology base instruction approaches to encourage learners to reason.Constructivism and social constructivism models focus on the influence of interactions on learning or assimilation and accommodation of knowledge. People tend to interpret ideas depending on how they perceived them. Use of technology to provide instructions can thus aid learners in constructing knowledge as opposed to acquiring knowledge. Technology increases the level of interactions between teachers and students as well as amongst students (Clark & Mayer, 2008; Tennyson, 2010). Instructional technologies should consider the learning theories to encourage practice and feedback, promote self-regulated learning, employ cogn itive learning approaches, and provide frameworks that enable students discover different perspective and meanings of concepts (Candace, Sheri, & Lane, 2011). The theory of Project-Based Learning, which is based on John Dewey’s philosophy of learning by doing, supports use of instructional Technology. This theory promotes learning as a social activity that takes different context but encourages students to use previous experiences to explore, create, and interpret. Use of instructional technology encourages learners to use the different intelligences, which include musical, logical-mathematical, linguistic, body-kinesthetic, spatial, and interpersonal as well as the intrapersonal ones. The theory of Multiple Intelligences is another theory that encourages use of technology as a teaching tool. This theory encourages educators to adjust their teaching designs to incorporate facets such as use of instructi

Is Article 5 of the OECD's Model Tax Convention still fit for purpose Coursework

Is Article 5 of the OECD's Model Tax Convention still fit for purpose given the changes in world trade since the Article was fir - Coursework Example Raising personal income taxes or the goods and services tax any further would be extremely unpopular with the people. There is widespread anger in the UK and in other OECD countries about the tax avoidance practices of large multinational corporations. In the UK, the Public Accounts Committee of Parliament questioned senior executives of Starbucks, Amazon and Google on their tax avoidance practices which were held to be against the spirit if not the letter of the law 2. Multinational Corporations (MNC) accounted for over $33 trillion in global sales in 2010 with a value addition of over $16 trillion, representing one-quarter of the world GDP. Many of the MNC from the Fortune 100 list have bigger revenues than several of the emerging economy countries around the world and most of these MNC are headquartered in the OECD countries 3. 1 Browne, J. and Roantree, B., â€Å"A Survey of the UK Tax System†, IFS Briefing Note BN09, October 2012. accessed 20 March 2013. 2 Knight, L., â⠂¬Å"Corporate tax avoidance: How do companies do it?† BBC News, 4 Dec 2012. accessed on 20 March 2013. 3 UNCTAD Report, â€Å"World Investment Report 2011†, United Nations Conference on Trade and Development accessed on 20 March 2013. ... ve definition, a sovereign state is made up of three core elements â€Å"people, territory and a government† and the government of a territory has the sovereign right to tax people living in that territory 4. A Multinational Corporation, by definition, operates in multiple countries and there is the perennial challenge of determining which government has taxation rights over the MNC and for what part of its income. 2. The Evolution of the OECD Model Tax Convention The Organization for European Economic Cooperation which later became the OECD first published a draft double taxation avoidance agreement in 1958 with the objective of preventing individuals or companies being taxed in both the country of residence (Country R) and the country of source for the income (Country S) and for the prevention of tax evasion. This document has served as the basis for over 3000 bilateral tax treaties in force around the world 5. The Model Convention has been periodically updated by the OECD a nd a draft 2012 revision is currently in circulation. Many developing countries around the world felt that the OECD model convention was unduly favourable to the advanced economies and lobbied the United Nations to evolve an alternative Model Double Taxation convention which was first issued in 1977. 4 Ring, D.M., â€Å"Democracy, Sovereignty and Tax Competition: The Role of Tax Sovereignty in shaping Tax Cooperation†, Boston College Law School, 28 Jan 2009. accessed on 20 March 2013. 5 Bennett, M., â€Å"The 50th Anniversary of the OECD Model Tax Convention†, 2008. accessed on 20 March 2013. This model has also been periodically updated. The UN model gives the source country greater rights to tax income than the