Scenario Analysis Essay Example | Topics and Well Written Essays - 500 words - 1

Scenario Analysis - Essay Example main point that he intends to bring out with these laws is that even though a person reacts to situations using his conscience, that person might do better if he has certain principals within which he abides by. As a policeman at a friend’s party I observe a group of people who are friends to my friend snorting cocaine, it is a legal obligation to arrest the people and take them into custody, but this is an old friend and I would not like to spoil our relationship The moral problem in this scenario is the usage of cocaine. This illegal and highly addictive drug has a tendency to affect the judgment of those who use it. It is wrong to use cocaine. The law does not allow the usage of this drug because of its adverse effects on users. There is a dilemma that comes out as a result on whether to act on conscience or by principles, which in this case are the regulations of the government. According to the government, I am supposed to arrest the people who are using the drug. If I were to react on my conscience, I would explain to them the situation in which they are putting me in. I would advise them not to do that again and join a rehabilitation facility. I would warn them that if this happens again, they would leave me no choice but to arrest them. According to Fuller, I would react on the instinct that tells me to defend my position as a police officer, according to his rules stated above there are rules that states a should take them in. If I d id not honor that rule, I would be failing the police department. Therefore, the main stand here would be to arrest the friends of my old friend and take them in. it might not be the morally right decision, but according to the rules, it is the right thing to do. I am in a situation where a friend has offered me a gift basket with some money. I am a community officer and people may take this as a bribe, I can chose to either refuse the token or take it. There is no rule deterring me from taking a gift from a friend. After

Dodd-Frank Wall Street Reform Research Paper Example | Topics and Well Written Essays - 1250 words

Dodd-Frank Wall Street Reform - Research Paper Example People had to borrow in order to finance their mortgages. From the periods of 1994, to 2004, the ownership of homes amongst residents of United States of America increased from 64%, to 69.4% (Whalen, 2008, 220). Because of an increase in the demand of the houses, the price of these commodities increased by 124%. These made consumers to refinance their homes, and take on second mortgages resulting to a reduction in their disposable income. By the time 2008 reached, the United States mortgage debts in relation to its GDP increased by 26% reaching a figure of 73%. This is from the periods of the 1990s. The easy availability of credit, and an increase in the house prices led to the building boom, and this further increased the prices of the houses, and eventually to their decline in the periods 2006 (Deminyank and Herbert, 2011, 1851 ). Paying back these mortgages became difficult, because of the fall of the home prices, as compared to the prices in which they initially bought the homes. This had an effect of reducing the value of mortgage backed securities, eroding the financial capability of the banks. This failure led to the emergence of the subprime financial crises. ... Another reason for the emergence of the subprime crises is failure by the government to effectively regulate the financial activities of various banking organizations, and their financial products. This was made possible by the 1982 mortgage transactions parity act. This act allowed credit organizations to readjust their mortgage rates, and its aims was to make it possible for as many people as possible to own homes. This act led to an abuse of the mortgage lending procedures, because credit institutions could offer any amount of interest payments to their loan products. In 1999, the Federal government repelled the Glass Steagal Act, which created an environment of risk consciousness in investment banking (Immerglack, 2011, 247). This act had an effect of regulating the creditors during boom periods, making credit organizations to undertake risk measures while carrying out their duties. Its repeal made banking organizations, to lend freely, without establishing measures that would le ad to the mitigation of risks. The Securities and Exchange Commission also played a role into the emergence of the subprime mortgage crises. The commission changed the rules of calculating its capital reserves, and this enabled credit organizations to increase the percentage of debts they incurred for purposes of financing their operations (Deminyank and Herbert, 2011, 1850 ). The consequences of this action are that it led to the growth of mortgage securities that supported subprime mortgages. This eventually led to the near collapse of the banking system, because of an increase in their debts ratio, and inability to pay. This led to the enactment of the Dodd Frank financial reform act. This act created changes to the

Sexual Harassment Essay Example | Topics and Well Written Essays - 2500 words

Sexual Harassment - Essay Example The concept of sexual harassment is a conventional phenomenon, which first appeared in the 1970s in United States. The concept also appeared later in 1986 in Europe. The aspect of sexual harassment brought forth a possibility of both positive and negative effects on the society in entirety and on organizations and individuals in particular. This led to increasing attention on the subject from both researchers and organizations alike. Sexual harassment is a severe contravention on the rights of workers with unpleasant and degrading experiences, which often result in emotional and psychological trauma. Generally, sexual harassment is described as the conduct of a sexual nature, which is unwelcome, and aims at intimidating, embarrassing, degrading the victim. Furthermore, sexual harassment creates hostile working conditions for the victim, which eventually hinders productivity and social exchanges within the organization (Australian Human Rights Commission, 2013). Australia human rights commission holds that an individual sexually harasses the other when: 1. The individual makes an undesirable sexual progress or unwanted sexual request for sexual favors to the harassed. Circumstances to be considered might include, but not restricted to; (a) age, sex, sexual preference, color, race, ethnic origin and religious belief of the harassed person. (b) The association involving the person and the individual who started the progress or appeal or who involved in the behavior. (c) Disability of the harassed person or other pertinent circumstance. 2. The harasser participates in unwarranted manner of a sexual character in relation to the harassed person. Sexual harassment is an intense problem in the contemporary workplace that is increasing at a high pace. Thousands of males and females come forward every year to report their sexual harassment and employers and other state agencies. In the beginning of sexual harassment in 1970s, researchers anticipated that one in every two women would become a sufferer of sexual aggravation in the job environment. The quantity of employees who lodge complaints of sexual aggravation in the private and public labor force remains high. Discrimination in employment has been increasing over the decades, but sexual harassment has currently been the basis of 33 percent of all harassment claims (Boland, 2005) according to the national agency charged with examining sexual aggravation in the place of work. The cost of sexual harassment is very expensive to both the employer and the individual being harassed. The United States department of labour holds that millions of dollars are lost in job opportunities, and more are lost in awards after harassment cases. Types and forms of sexual harassment One of the most arising questions on the aspect of sexual aggravation in the office seeks to answer what specific behaviors amount to sexual harassment. However, studies today look at the broader range of sociosexual actions in the work place as well as the conditions highlighted above for advances of sexual harassment. In establishing whether sexual harassment occurred or not, there has to be a complete analysis of actions patterns and aspects that are unwanted. In defining the term sexual harassment, request for sexual favors, sexually oral and physical behavior, as well as the sexual advance must to be ‘unwelcome’. This implies that the person complaining of sexual har

How is inclusion understoodan examination of different approaches to Essay - 1

How is inclusion understoodan examination of different approaches to meeting diverse needs - Essay Example vely developed in countries with different cultural and moral beliefs; The above questions are related to the following facts: the level at which social inclusion is supported by the government of a particular country is depended not only on the willingness of the political parties involved to face the specific problem but also on the level at which the relevant policies will be accepted by the local society. Current paper focuses on the social inclusion policies developed in Britain during the 21st century; emphasis is given on teenage mothers and the terms under which their inclusion in the British society is promoted. It is concluded that the position of British governments in regard to the specific issue has not been standardized being depended by the social conditions of each particular period; however, it is clear that the Labour party has been more supportive to teenage mothers compared to the Conservatives who emphasize on the moral aspects of the particular problem. The poli cies developed in Britain for the social inclusion of teenage mothers during the 21st century are analyzed by referring primarily to the concept of social inclusion – as a reflection of the social relationships and ethics of modern societies. The concept of social inclusion, as an element of social policies of governments worldwide has been explained using different approaches. In accordance with Munck (2005) the social inclusion should be considered as the result of globalization; it is noted that through the establishment of ‘global cities’ – ‘like New York, Tokyo, London, Paris’ (Munck 2005, p.33) new modes of life were developed; moreover, not all people have been able to align their daily activities with the new style of life; the exclusion of certain people of these cities, which was developed gradually, led to a series of severe social problems and turbulences which could be confronted only by developing effective social inclusion policies. From another point of

IMPROVING BUSINESS Performance 2 Essay Example | Topics and Well Written Essays - 3000 words

IMPROVING BUSINESS Performance 2 - Essay Example Each division is independent of the others and does have its own profit and loss account besides their own balance sheets. Each division’s balance sheet and profit and loss and account are then merged with the others to form a single balance sheet and profit and loss account for the group’s final accounts. Due to the problems brought about by some internal factors in each division, the most recent final records for the company show a turnover of 700 million pounds and a pre-tax profit of 35 million pounds. This compares dismally to the previous years when the amalgamated records were better than this (Dresner, 2008, p. 78). Pipework Plc has great potential as far as its business model is concerned compared to what the market and its competitors. Its diversity in both the drainage and boilers businesses give it an edge on the competition where most of the companies competing with it. There are several areas that this company can improve to gain even a greater edge in the three business divisions it focuses on. These improvements all aim at ensuring that the business outdoes the rest while improving its operations in the pipes and boilers businesses. Some of the areas to be improved include; The Stores Function – the stores function is one of the main areas to focus on for Pipework Plc. The fact that it has an excellent employee by the name of Wise does not make it indomitable since there are many problems associated with the division. There is the case of its budget for further training of its personnel always being rejected in favor of other divisions. There is also the stock turn on materials that is poor. If the correct methods are used, this area will have less problems and more contribution to the firm’s well being (Baxter and MacLeod, 2007, p. 74). Transport – this department has great potential if only the correct procedures are followed and the United Kingdom and European Law are followed. Drivers would be more transpar ent as to the number of hours worked and thus their correct remuneration. Engineering – this department is quite fine in its operation save for the lengthy period required to churn out a new product. If this time is reduced by half, it would match that of Pipework Plc’s main competitor and generally improve the business. Sales and Marketing – this department of the company does quite well since it has ensured a great market presence for the company though its personnel and the department’s head. It should be known though that there is need to reduce the number of days and the general amount of time used to process orders from customers. Finance and Administration – this department needs to follow the required accounting procedures and reduce the number of days taken to clear invoices to ensure a more transparent department (Andersen, 2007, p. 100). Personnel – the fact that Lynette promotes those under her division based on personal observat ions raises questions as to the validity of these promotions. Payments and rewards for staff should also be normalized to eliminate unnecessary disparities. The widespread favoritism should also be eliminated to allow for a harmonious motivation of the department and the company as a whole. PIPEWORK PLC With the correct methods in place, Pipework Plc is poised to make the most of its market presence and get better returns on its investments. As identified above, there are several

The witches are the most unsettling example Essay Example for Free

The witches are the most unsettling example Essay To the most extent I do not agree that the witches are the most unsettling example of the supernatural in Macbeth. There are other factors within the play such as the ambition of Macbeth and the wickedness of Lady Macbeth that cast an eerie and shocking atmosphere over the play. The reason I believe this to be the case because as part of a modern society, we have a lot more psychological horrors, and both Macbeth and Lady Macbeth are considered to be insane. Whereas witches are seen more as a fantasy for us; compared to the Jacobean period, where they were considered real. It is evident from the beginning that Macbeth’s fatal flaw is ambition. When the witches tell him that he is going to be king, his mind immediately begins to ponder on the possibilities of killing Duncan, â€Å"My thought, whose murder yet is but fantastical, shakes so my single state of man†¦Ã¢â‚¬  His ambition is unsettling because it sets of the sequence of events throughout the play that lead to his downfall. Clearly Lady Macbeth is the driving force behind Macbeth’s ambition, because she forces him to overcome his guilt by insulting him, â€Å"And live a coward in thine own esteem, letting I dare not wait upon I would, Like the poor cat I’th’adage? † However once his ambition takes over him, it spirals out of control, leading to more murders to cover up all his wrongdoings, and leads him to being tormented by apparitions and guilt. In the end he doesn’t get the chance to enjoy the â€Å"fruits of his labour† and is beheaded by McDuff. A modern audience would view Macbeth’s actions as maniacal and ridiculous, because he became too obsessed with the idea of becoming King, that it lead to the murder of many people; this ended up being futile because he died in vain anyways. It shows that only some aspects of society have changed since the Jacobean period, rather than society as a whole. However, a Jacobean audience would have found Macbeth’s actions more deplorable. A Jacobean audience at the time would frown upon Lady Macbeth’s behaviour in convincing her husband to commit murder, and use the graphic images that she does. â€Å"Have plucked my nipple from his boneless gums and dashed the brains out, had I so sworn as you have done to this† This would have especially shocked Jacobean women, because there were certain morals and taboos that they followed. Women of that period were supposed to be pious, follow religion strongly, be against violence, and had to follow demands made by men. Lady Macbeth goes against all of these morals, but commits the taboos. She would’ve also been seen as malevolent because she gives suggestions that are intended to cause harm to others. â€Å"Come, you spirits that tend on mortal thoughts, unsex me here and fill me from the crown to the toe topfull of direst cruelty†¦Ã¢â‚¬  However, women in today’s society would find Lady Macbeth’s behaviour less disturbing than woman of the Jacobean period because females have become largely independent today compared to the restrictions that were placed upon them in earlier times.

Assessing the strengths and weaknesses of globalization

Assessing the strengths and weaknesses of globalization Globalization can be defined in a variety of ways since it is a very important term as it influences the global economies. It can be defined as the movement toward communications, financial, economic, and trade integration. Globalization entails opening out beyond nationalistic and local perspectives to a wider outlook of an interdependent and interconnected world through free transfer of goods, services, and capital over national frontiers. Globalization is a term that is frequently employed to place a trend in the direction of increased flow of ideas, money, goods, and services across national borders and the resultant consolidation of the global economy (Waters 2001, pg.36). Globalization is closely related to international trade which can be defined as the exchange of goods, services, and capital across territories or national border. The increase in the international trade enhances the continuance of globalization. If there were no international trade, then apparently nations wo uld not get access to the variety of goods and services produced in different nations of the world (World Bank 2008, pg.56). It has been found that globalization does not involve unhindered labor movement, and as intimated by some economists, globalization may hurt fragile or smaller economies if practiced indiscriminately. Globalization is generally recognized as being goaded by a combination of technological, political, economic, biological and socio-cultural factors. From some other perspective, globalization can refer to the multinational circulation of languages, popular culture, or ideas by acculturation (Tomlinson 1999, pg. 123). This paper will provide an outstanding analysis of the weaknesses and strengths the term globalization. Strengths of globalization Supporters of globalization contend that globalization can possibly better the world economically by solving many problems which are deep-seated for example poverty and unemployment. According to the economic theory, increased globalization will lower the wage of unskilled labor in developed nations and raise the wage of unskilled labor within the developing nations as the two groups start to trade with each other. Globalization generates resources and encourages the transfer of ideas that can be utilized for both individual and community improvement. Among many other things, globalization makes rural economic diversification and agricultural productivity gains more achievable. Globalization also makes environmental stewardship, improved conditions of living, and food security more attainable. Due to globalization, the marginal can now get the opportunity to exhibit themselves in the world market (Bauman 1998, pg.121). Globalization encourages the industrialized nations to provide si gnificant market places for exports of poor individuals within poor countries. The global agricultural and food companies can assist the third world countries incorporate required safety, and quality practices by getting access to markets in developed nations. Since globalization means delocalization of various enterprises within the word, many people can get access to many industries and in due course globalization promotes economic growth in the global world, brings about competition among companies, enables producers and retailers to reduce the prices of various commodities so that consumers can afford them and therefore increases the demand on the commodities. Because of the increased efficiency, the welfare is raised by offering more affordable goods and services such that the purchasing power is increased. Globalization reallocates capital and labor to more efficient and effective lines of production. Globalization helps poor countries by infusions of technology and foreign ca pital which enhances economic development. The economic development due to globalization brings modern ways of connecting people, from roads to electricity to telecommunications. The global companies offer training to employees and provide time, money and talent that helps them to address needs of the community, lifting communal and individual aspirations and providing ways for accomplishing them. Since globalization brings about spreading of prosperity, it enables various countries to possess conditions in which respect for human right and democracy can flourish (Appadurai 1996, pg.65). Globalization encourages the existence of foreign direct investment. The foreign direct investment is a fundamental part of an effective and open international economic system and it acts as a chief means to development. Countries in transition, developing countries and emerging economies have realized that foreign direct investment is the source of modernization and economic development, employment and income growth. Many nations have freed up their foreign direct investment regimes and acted on other policies in order to attract investment. Foreign direct investment enhances a chief source of capital that is accompanied with up-to-date technology. It has been found that to generate this capital by domestic means is a difficult task, and even if there is a possibility to generate it locally, importing the essential technology from abroad would still be a difficult task. This is because, the transfer of technology to companies without prior experience of how to use it, is expensive, difficult, and risk. Foreign direct investment forms many externalities over along period of time in the form of benefits existing to the entire economy. These comprise of upgrading the telecommunication services, establishment of trading and finance related networks, creation of modern accounting and management methods, industrial upgrading, work experience necessary for labor force, and specific technologies and general knowledge in production and distribution. The foreign direct investment in services has a great influence on the competitiveness of the host country as it raises the productivity of capital hence enabling the host nation to attract new capital on encouraging terms. Foreign direct investment brings about the existence of services that can be utilized as strategic inputs within the traditional export sector so that to expand the volume of trade as well as to upgrade production through process and product innovation. Foreign direct investment finds its application in the economically developing countries. For the 90s decade, foreign direct investment was among the chief external sources of funding for many countries that were experiencing growth in the economic perspective. Foreign direct investment has aided many countries during the time of economic hardships. For instance, in some nations of East Asia, it was seen that during the fiscal problems of 1997 to 1998 the amount of foreign direct investment that was made in these countries was reasonably steady. Foreign direct investment promotes the creation of new employment opportunities in a given country, and it enhances the increase of salaries for the workers. Due to this, many people have led better lifestyles and have obtained many crucial facilities in life (Featherstone et al. 1995, pg.76). The biggest significance of globalization in the global world is the rise in competition, which has in turn benefited many nations worldwide in terms of economic advancement. Competition has a positive influence both on the well being of consumers and on the economy of a country as a whole. It has been seen that competition bolsters international competitiveness and productivity of the business sector and as well it enhances economic growth and dynamic markets. Due to globalization, the whole world has become just like a country simply because people are allowed to cross the national frontiers into foreign countries. The advance in technology has also encouraged a lot of interaction between different nations of the world. As most of the countries in the global world remain in touch with economic advancement in other nations, they look for alternatives to catch up with the advanced countries hence bringing about worldwide competition. Consumers have benefited a lot from completion as they obtain goods and service from their retailers and producers at competitive prices. When the prices for goods and services in a given country are higher than those in the foreign countries because of lack of competition between the markets, the firms well become less competitive and therefore suffer within the marketplace. Competition also is very important in promoting efficiency and productivity. It has been seen that, those companies faced with strong competition are persistently driven to become more productive and more efficient in the production. This is because they are aware that their competitors are persistently looking for ways to reduce the costs of production so as to gain a competitive advantage. Owing to the persistent pressure, the firms in competition ensure that efficiency and improvements in productivity are made so that they can not in their market position or even evaporate altogether. It is the process of severe competition between rivals that drives compan ies to put more effort in offering better services, quality goods, and lower prices. Competition has positive influence on innovation. Innovation is very crucial to success in todays world which is technology driven. Competition brings about pressure to different companies, encouraging them to introduce new production techniques for new products. Without the pressure, a countrys economy will lag behind other countries economies as a center of innovation hence losing international competitiveness (Michael Porter 1990, pg.120). It has been seen that globalization has got its strengths on the advancement of world economies. Many nations in the world have experienced the positive effects of globalization, for instance poverty has been reduced to greatest extent, modern and new methods of production have been realized, a good number of employment opportunities have been created, and most countries have obtained the advanced modern technology. In spite of all these benefits of globalization, it has also been found that globalization has its own negative impacts on world economies. Globalization has encouraged spread of diseases, and has brought about loss of cultural identity. Weaknesses of globalization Globalization has influenced emergency and spread of various infectious diseases. This is because people are allowed to cross the international frontiers and get into foreign countries. The free movement of people, vectors, commodities, food, decision-making power, and capital, alongside global demographic trends, has brought about the incidence infectious diseases in the place of destination. The unprecedented speed and volume of human mobility are the most blatant manifestation in todays era of globalization. The global population is seen to grow at an increased rate such that the social and economic disparities between the poor and rich countries become intense. This has brought about increased number of migrants as they search for employment opportunities to better the quality of their lives. Many demographers and political scientists have observed the twenty-first century as characterized by migrations. Migrant populations comprise the most susceptible group to emerging and reem erging communicable diseases and have been seen as the major causal factor in the worldwide spread of such infectious diseases such as the multidrug-resistant tuberculosis. The modern modes of transportation that enable more products and people to get to different place in the world at faster speed have also opened airways for the movement of disease vectors from one continent to another. For instance, mosquitoes can possibly cross the seas and oceans by riding in the wheel wells of an airplane. The incidence of West Nile virus in New York City in the year 1999 is a vey good example of the disease that was availed in North America by vectors transported in airplane. Beyond this transportation of disease vectors, there is evidence that global warming is causing the changes in distribution of disease vectors worldwide and therefore increasing the incidence rates of different tropical diseases like dengue and malaria. Global warming is caused by mans activities like industrialization w hich results into increased amount of greenhouse gases in the atmosphere. Individuals from rich countries have invaded poor and developing countries with the intention of establishing their firms most of which emit greenhouse gases into the atmosphere. Therefore globalization brings about the possibility of global warming in the world. The demand for global food market as well as the movement of food from one nation to another has also been significant for food borne diseases. Global transportation of food has also raised the concern on the issue of antibiotic resistance in man. The animals that produce food products like milk and eggs are usually administered with drugs to prevent diseases and increase production. However, these drugs have been found to cause microbes to gain resistance against drugs that are used for human disease medication. Therefore due to social and economic interaction, incidences of many diseases have been caused (Giddens 1990, pg.67). Because of globalization, people from different countries throughout the world have interacted and therefore their cultures have been intermingled. The consequence of different culture coming together is to lose the cultural identity. It is true that globalization has brought about changes which threaten the application of products that are made locally. For instance, the availability of new foreign goods such as foods in market, which might even be cheaper cost wise, have displaced the local framers who from time and again have been earning a living by selling their farm produce locally. Apart from the increased availability of foreign-made products and disruption of local producers, globalization has also increased international trade that deals with cultural goods and services, for instance music, publication, and movies. The other countries are faced with difficulties in exhibiting their local cultural goods and services that they have put their effort to produce, to the global m arket and thus are unable to compete with the foreign firms. The natural consequence is that the local countries are notable to enter those areas of influence that are occupied by transnational firms of developed countries. As the trade in cultural goods and services intensifies, most of the local societies get exposed to foreign cultures. This exposure to foreign cultural products encourages changes in local traditions, cultures, and values. No consensus on the effects of globalization upon national cultures, a number of people feel that peoples contact with the foreign culture can weaken their local cultural identity (Friedman 1994, pg.123). Most of the cultures are now using the language of the dominant cultures since the foreign languages such as English is spread very fast through internet and media (Deng 2005, pg.40). English is used more frequent as compared to local languages for somebody to express himself or herself. It is true that in todays world most people cannot be ab le to reach their people by use of local folk songs and local literatures and therefore the cultural identity of the earlier generation and that of todays generation is different altogether. The native songs, tales, stories, and celebrations have been replaced with modern computer games that are produced in various continents, and therefore an individual becomes part of the global and general culture (Featherstone 1996, pg.76). Conclusion Globalization is a very important term that can be defined in a variety of ways, one of which is, the movement toward communications, financial, economic, and trade integration. Globalization is also seen to entail opening out beyond nationalistic and local perspectives to a wider outlook of an interdependent and interconnected world through free transfer of goods, services, and capital over national frontiers. It is closely related to international trade which can be defined as the exchange of goods, services, and capital across territories or national border. The increase in the international trade enhances the continuance of globalization. If there were no international trade, then apparently nations would not get access to the variety of goods and services produced in different nations of the world. Just like many other issues, globalization has got its own strengths and weakness to the global world. It has been seen that globalization has got its strengths on the advancement of world economies. Many nations in the world have experienced the positive effects of globalization, for instance poverty has been reduced to greatest extent, modern and new methods of production have been realized, a good number of employment opportunities have been created, and most countries have obtained the advanced modern technology among many other strengths. In spite of all these benefits of globalization, it has also been found that globalization has its own negative impacts on world economies. Globalization has encouraged spread of diseases, and has brought about loss of cultural identity among many other weaknesses.