The Commonly Confused Words Explicit and Implicit

In some contexts (as explained in the usage notes below), the words explicit and implicit are antonyms — that is, they have opposite meanings. Definitions The adjective explicit means direct, clearly expressed, readily observable, or laid out in full. The adverb form is explicitly.The adjective implicit means implied, unstated, or expressed indirectly. The adverb form is implicitly. Examples I gave you an explicit order. I expect to be obeyed.(James Carroll, Memorial Bridge. Houghton Mifflin, 1991)Most states consider sexually explicit images of minors to be child pornography, meaning even teenagers who share nude selfies among themselves can, in theory at least, be hit with felony charges that can carry heavy prison sentences and require lifetime registration as a sex offender.(Associated Press, Teen Sexting Prompts Efforts to Update Child Porn Laws. The New York Times, March 17, 2016)Love is one of those words that illustrate what happens to an old, overworked language. These days with movie stars and crooners and preachers and psychiatrists all pronouncing the word, its come to mean nothing but a vague fondness for something. In this sense, I love the rain, this blackboard, these desks, you. It means nothing, you see, whereas once the word signified a quite explicit thing--a desire to share all you own and are with someone else.(John Updike, Tomorrow and Tomorrow and So Forth. The Early Stories: 1953-1975. Random House, 2003)You must listen carefully and critically to understand Snoops implicit message.In academia, implicit bias, or implicit racial bias as it is here, refers to subtle forms of possibly unintentional prejudice affecting judgment and social behavior.(Rose Hackman, Black Judge Effect: Study of Overturning Rates Questions If Justice Is Really Blind. The Guardian [UK], March 17, 2016) Usage Notes These two words come from the same Latin root meaning to fold. When something is explicit, its unfolded, laid open for people to see. Implicit is the opposite of that. It means folded in, in the sense that its meaning is covered or contained within something else and isnt explicit. . . .An explicit statement makes a point distinctly, openly, and unambiguously. . . . An explicit picture, book, film, etc. depicts nudity or sexuality openly and graphically. . . .When something is implicit, its implied, not plainly stated. . . . Implicit belief, implicit confidence, implicit faith, etc., involve having no doubts or reservations.(Stephen Spector, May I Quote You on That?: A Guide to Grammar and Usage. Oxford University Press, 2015)The words seem perfect antonyms— but for the unexpected fact that they join in implying that what they describe is undoubtable. Implicit trust is as firm as explicit trust because quite as real. Note that implicit makes its point absolutely but that impli ed requires telltale loose ends (see imply, infer). . . . Tacit is often used in the same way as implicit. A tacit reconciliation is one that both parties acknowledge and act upon without speaking of it.(Wilson Follett, Modern American Usage: A Guide, rev. by Erik Wensberg. Hill and Wang, 1998) Practice (a) Though most people would agree that the media almost never deliver a message that explicitly encourages violence, some people argue that violence in the media carries the _____ message that violence is acceptable.(Jonathan L. Freedman, Media Violence and Its Effect on Aggression, 2002)(b) Cigarette packs carry _____ health warnings. Answers to Practice Exercises (a) Though most people would agree that the media almost never deliver a message that explicitly encourages violence, some people argue that violence in the media carries the implicit message that violence is acceptable.(Jonathan L. Freedman, Media Violence and Its Effect on Aggression, 2002)(b) Cigarette packs carry explicit health warnings.

A Report on a Comparison of Customer Service of Fast Food...

INTRODUCTION 1.1 Background KFC According to the information, â€Å"Kentucky Fried Chicken (KFC) is a chain of fast food restaurant based in Louisville, Kentucky, United States that selling Kentucky Fried Chicken around the world.† It had been rated at number 60 as the world most famous brand by BusinessWeek. For KFC, fried chickens was the food they primary focus to sells. â€Å"Their basic products included chicken pieces, salads, sandwiches, desserts and some roasted and grilled chicken cuisines too.† Besides that, the beef and pork based products also offered by KFC outside the USA. The first idea of KFC’s fried chicken actually is in 1930 but it was only founded in 1952 by Colonel Harland Sanders, who was born on September 9, 1980 in Indiana,†¦show more content†¦They are all students from School of Business Studies (Banking and Finance), Tar College KL Main Campus. 1.4.2 Data Collection a) Survey 30 sets of questionnaires were distributed as a source of primary data at Tar College KL Main Campus. These questionnaires consisted of 8 questions which focused on the customer satisfaction with the customer service that is provided by KFC versus McDonald’s, the reasons why students from Tar College prefer McDonald’s than KFC and what aspects of customer service that provided by KFC and McDonald’s affect their business. A clean copy of the questionnaire can be found in Appendix A. b) Internet Search The source of secondary data is the information obtained from the internet research. Information was gathered on the customer service that is provided by KFC and McDonald’s from the Internet. Various websites of KFC and McDonald’s were browsed through for this research. 1.5 Scope This report investigates the customer service that provided by KFC and McDonald’s only. Other fast food restaurants are not included in this report. It focuses on the customer satisfaction with the customer service that was provided by KFC versus McDonald’s, the reasons why students from Tar College preferred McDonald’s than KFC and what aspects of customer service that provided by KFC and McDonald’s affect their business. The survey questions were distributed on 28 May 2012 at Tar College and collectedShow MoreRelatedConsumer Lifestyle in Singapore35714 Words   |  143 Pages........................................................... 20 Attitudes Towards Food Trends .............................................................................................. 20 Chart 7 Chart 8 Per Capita Expenditure on Consumer Foodservice by Chained and Independent 2011 ...................................................................................... 22 Regional Ranking of Average Supply of Food Calories per Day 2011 ....... 22 Drinking Habits ...............................Read MoreCase Studies67624 Words   |  271 Pagesindustry C-44 Compaq in crisis C-67 Gillette and the men’s wet-shaving market C-76 Incat Tasmania’s race for international success: Blue Riband strategies C-95 Kiwi Travel International Airlines Ltd C-105 CASE 8 Beefing up the beefless Mac: McDonald’s expansion strategies in India: C-120 CASE 9 Nucor Corporation and the US steel industry C-128 CASE 10 Pacific Dunlop: Caught on the half volley C-157 CASE 11 Philip Morris C-173 CASE 12 Pisces Group of Singapore C-188 CASE 13 Raffles, Singapore’sRead MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 Pagesincreasing demand for goods and services. C) It helps to build a loyal customer base but has no impact on a firms intangible assets. D) It is more important for bigger organizations than smaller ones. E) It is seldom used by nonprofit organizations. Answer: B Page Ref: 4 Objective: 1 Difficulty: Easy 2) ________ is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value. A) Marketing management Read MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesYork San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Editorial Director: Sally Yagan Director of Editorial Services: Ashley Santora Acquisitions Editor: Brian Mickelson Editorial Project Manager: Sarah Holle Editorial Assistant: Ashlee Bradbury VP Director of Marketing: Patrice Lumumba Jones Senior Marketing Manager: Nikki Ayana Jones Senior Managing Editor: Judy

Capital Gain Tax and Fringe Benefit Tax Australian Taxation Law

Question: Discuss about theCapital Gain Tax and Fringe Benefit Tax for Australian Taxation Law. Answer: Introduction Case Study 1 Fred, dweller of Australia wants to sell his house which is situated in Blue Mountain. In the month of February at the present year the sale was complete as well as Fred received the sum of $800000 from the buyer. After the amount which Fred paid for lawful cost inclusive the GST at around of $1100 and real estate representatives fee of $9000 inclusive the GST for selling of his home (Tax, 2010). In the month of March, Fred bought the holiday house for the sum of 100000. At the same time, also transfer fees had been paid by him in stamp duty of $2000 as well as $1000 for lawful cost. On the other hand, Fred created a garage by spending $20000 by a builder in January, 1990. Now it can be identified that; Freds entire capital gain for the current year will be calculated and the previous year capital loss was $10000 for trading the share. If the loss appeared from auction a traditional vase, in this circumstance the capital gain or loss desires to resolute. Law Application Regards this Case Study Any assets are sold it needs a calculation for selling price and actual cost for appearing CGT whether it is gain or loss. If the selling price is greater than the actual price then it is called capital gain and when the selling price is lower than the actual cost then it is called capital loss as per the Australian Taxation Law (Woellner, Barkoczy, Murphy, 2016). The assesse would liable to pay definite taxes on the amount of capital tax; this type of tax is called as capital gain tax. If the assesse has faced capital loss then the similar would be computed as well as deducted from the entire Capital Gain. Capital gain and capital loss are same type but different functionality. Those are applicable to the people undertaken by laws action. CGT is not applicable on the property utilized in trade or depreciable. Private properties, such as furniture, motor car, bikes are exempt from Capital Gains Tax. In the case, an Australian individual definitely needs to pay (CGT). Another side if any foreign dweller buys any assets in Australia then he has to pay the CGT, as per the Australian Taxation Laws. Law for the Case Study In this following case study, Fred is a dweller of Australia; he needs to pay the Capital Gains Tax for his property. He sold his holiday house for $ 800000 which he purchased for $ 100000 in the year 1987. A Single room is owned by an individual then it is free from Capital Gains Tax. Though, Fred has an extra house, which is also situated in Australia, but he never thought to rent it out, however he must give the CGT. Ultimate selling cost Commission of legal cost and agent The net removal amount Cost of purchase should be Stamp duty will be Cost for legal action Cost for home production Total cost liable (Fred) Freds capital gain (total) Capital gain from prev year will be 50% discount in Capital Gains Tax $800,000 (as per question) ($9,900 + $1,100) = $11,000 $789,000 $100,000 $2,000 $1,000 $20,000 $123,000 ($789,000 - $123,000) = $666,000 $10,000 $656,000 * 50% = $323,000 His capital loss from last year was $10,000 So total taxable amount for CGT = $323,000 Capital loss faced by Fred from previous year for the traditional vase, as per the Capital Gains Tax (CGT) in Australia. The main thing is if the traditional vase was purchased previous to 26th June, 1992. In this case, that will not be counted as traditional property so the capital loss will not deduct. On the other hand, Fred bought a vase after the significant date due to this reason the vase will ignored from the Capital Loss and it doesnt needs to be computed. Conclusion for the Case Study 1 About to see the calculation part of the case study 1 there are few things which are dependable upon the law of Capital Gains Tax formulas. Here after calculation the whole part by the case study it can be identified that need to discount 50% also at the last period of the calculation otherwise cannot be found the original CGT value. As capital gain and capital loss are same types but different functionality. Those are applicable to the people undertaken by laws action. After analyzing the Australian laws and regulations, Fred should have given the Capital Gains tax (CGT) at the year ending. The sum of CGT Fred has to pay for the auction of his home, which is located in Blue Mountains and it cost is $323000. The loss of selling the vase, it must be deducted from the CGT at this year. So the entire CGT computation is done by the help of proper taxation law in Australia (Woellner, Barkoczy, 2011). Case Study 2 Periwinkle Pty Ltd is the largest and greatest bathtub maker in Australia. The company is famous for making bathtub and provides proper service to the direct consumer (Appleby and Carr, 2005).. Emma is one of the worker of the following company.. Emma is working is in a division where she has to travel every day. For the reason, the firm provided a car for use. But there is no restriction for the usage of the car. On 1st may, 2015 the car was bought by the firm for $ 33000 as well as Emma was given the car since that day. Emma works in a department, where she has to travel a lot every day so he travelled 10000 kilometers (from 1st May 2015 to 31st March, 2016). At the same time Emma spent $ 550 on the car for some repairing which has been paid by Periwinkle Pty Ltd. Emma said that the car was not utilized for 10 days as well as also not used for 5 days, when it was in garage for repairing. On 1st September, 2015 Emma got the Loan from her company Periwinkle Pty Ltd of $500000 at an interest fee of 4.45%. Emma bought a holiday house from the loan, which value was $ 450000 and lends her husband the rest amount which was surely interest free. Similarly her husband bought the shares of Telstra by rest of the money. If there needs a loan to purchase any assets in Australia, that is not included in Capital Gains Tax as well as interest of buying property must be deductable from CGT (Brown, Keim, Kleidon, 2008). Throughout, this year Emma bought a Periwinkle bathtub for $ 1300 as a worker, however its worth in marketplace is 2600. The manufacturing price for bathtub is $700. Now it can be identified that, Now it is important to instruction Periwinkle Pty Ltd the Fringe Benefit Tax (FBT) cost on the above case including computation of it. Similarly, if Emma utilized the money to purchase the shares for herself the changes on Fringe Benefit Tax (FBT) desires to be evaluated. Law for this Case Study According to the FBT Assessment Act 1986, under section 7 stated that if the firm provides a vehicle to their staff for official and personal purpose, in that case the FBT desires to pay the employee himself.. Under section 9 of this particular law gives the law in which the computation of Fringe Benefit Tax of the car as well as the whole expenditure can be computed. Under section 16 FBT Assessment Act 1986, it is declared that if the owner of the company gives a loan any worker to its staff, in that case FBT must be computed by the owner himself (Henry, Harmer, Piggott, 2009). Application of the Law for this following Case Study The Fringe Benefit Tax (FBT) for this following case study has to be computed thorough the following laws. (Under section 16 FBT Assessment Act 1986) Answer of case study (1) v As per this case study 2 the amount of the car is around $33,000 including capital gains tax and without this it will be $30,000 o The car repairing charge will be around $550 and without the capital gains tax it will be $500 o According to the case study 2015-106 should be needed to take into the account and total number of days will be 335 o For the repairing purpose car did not travel at around 15 total days o Calculated day car travelled approx 320 days o Traveling kilometer 10000 Km o So the Fringe value: =$30,000*0.2*320/365 =$5260.27 (Hall and Rabushka, 1995) FBT would be approximately around =($5260.27 + $550) $5810.27 Answer of case study (2) v In the second part of the case study it has been identified that Emma had been provided $500,000 loan with 4.45% interest value. v Total loan value $22.250 o As Emma purchased the holiday house and decided to give rest of her money to her husband so the FBT will be around $24,750 v According to the 3rd stage of this case study Emma purchased a bathtub from this company periwinkle and the value of that around $1300 v So firm to pay the tax by means of FBT around $(2600-1300) = $1300 For the Periwinkle case study 2 and according to Australias FBT rate will be $34,860 [ $5810.27+27,750+$1300 ] (Browning, 1987) v So the amount which the company has to pay to the Australia Government will be $34,860 x 47% = $16,299 Answer to case study (3) According to the case study 3 it can be identified that Emma bought shares of Telstra and whether she bought without knowing her husband then tax will be deducted from her bank account Then fringe Benefit Tax amount for the loan will be $450,000 * (10-4.45) % = $24,975. The FBT value will be around $24,976 [450,000 x (10-4.45)%] FBT amount will be 47% of = $15,080 [($5810.27 + $24,975 + $1,300)] Conclusion of the Case Study 2 As those calculations what can be identified in the answer sheet it has been decided that FBT cost more to people. Fringe benefit tax value will not be same as for three different case studies what can be seen in the chart. In accordance with rules and regulation of Australian Taxation laws in the first part of the case study, the FBT value of Periwinkle Pty Ltd needs to disabuse is $16299. For the next part of the case study the Fringe Benefit Tax value will be $15,080. There is dissimilarity in the amount if there has been an alteration in the utilization of the loan cash. References Henry, K., Harmer, J., Piggott, J., Ridout, H. and Smith, G., 2009. Australias future tax system.Canberra, Commonwealth Treasury. Browning, E.K., 1987. On the marginal welfare cost of taxation.The American Economic Review, pp.11-23. Woellner, R., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2016.Australian Taxation Law 2016. Oxford University Press. Tax, C.G., 2010. Capital Gains Tax.Newsletter. Woellner, R., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2016.Australian Taxation Law 2016. Oxford University Press. Richardson, G. and Lanis, R., 2007. Determinants of the variability in corporate effective tax rates and tax reform: Evidence from Australia.Journal of Accounting and Public Policy,26(6), pp.689-704. Brown, P., Keim, D.B., Kleidon, A.W. and Marsh, T.A., 1983. Stock return seasonalities and the tax-loss selling hypothesis: Analysis of the arguments and Australian evidence.Journal of Financial Economics,12(1), pp.105-127. Hall, R.E. and Rabushka, A., 1995.The flat tax(Vol. 423). Hoover Institution Press, Stanford University. Woellner, R., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2011.Australian Taxation Law Select: legislation and commentary. CCH Australia. Woellner, R., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2016.Australian Taxation Law 2016. Oxford University Press.