Wednesday, January 29, 2020

International Business Climate Essay Example for Free

International Business Climate Essay 1.0 Introduction Business climate refers to the economic environment in general which depicts how businesses and business activities are supported by the government as well as the lending institutions. Business climate is also a reflection of the attitude of the labor unions toward inflation rates, taxation rates, employers and other issues which affect business activities   in a given region or country. Switzerland ranks the most attractive country in terms of having the most conducive international business climate which has attracted tremendous investments and highly skilled labor from all over the globe. The country enjoys a safe and stable working environment and most small and medium enterprises are located in the Greater Geneva Berne area (GGBa) which has an excellent international business track record (ggba-switzerland.ch, n.d). Switzerland experienced one of the weakest economies in the Western Europe in the 1990s during which the annual GDP growth averaged 0% between the years 1991 and 1997. A gradual economic growth was witnessed in the beginning of late 1997 and it reached a peak in 2000 with a GDP of 3%. Between 2001 and 2003, the economic growth slowed down but began to grow at 2.5% per annum since the year 2004 until the latest global economic crises which have had a great impact on its economic growth (state.gov, 2010). Being at the heart of Europe, Switzerland is a hub for the crucial communication systems which are indispensable in the industrial Europe. Therefore, the expansive modern and reliable infrastructure encompassing the country facilitates an extremely high number of international and local business activities. The good international business climate of the country has been influenced by several factors which entails economic, cultural, legal, and political issues. It is therefore the obj ective of this paper to discuss these issues with reference to Switzerland as a country. 2.0 Economic Climate Trade is the backbone of Switzerland’s prospering economy which has made its per capita income be among the highest globally. International climate highly favors the export markets upon which the country depends for generating enormous income while at the same time facilitating the imports of raw materials which are essential for the expansion of the range of goods and services available in the economy. Economic climate is also made better by the liberal trade and investment policies which has attracted many investors in addition to the well defined commercial law and well developed legal system. Switzerland is a member of several international economic organizations including the International Monetary Fund (IMF), World Trade Organization (WTO), Organization for Economic Co-operation and Development (OECD) and The World Bank (state.gov, 2010). Important sectors of the economy include tourism, engineering, banking and insurance which have a heavy influence in the economic policies of the country. The existing trading companies enjoy unique expertise from Far East, Africa, Middle East and Eastern Europe. The highly developed tourism industry gives the country’s market the   opportunity to trade in services and equipment related to tourism. The export industry provides the economy with about half of the country’s corporate earnings with the largest trading partner being the European Union. The trade and economic barriers between Switzerland and the EU are minimal hence facilitating more business activities. The U.S   is a major export destination of products from Switzerland and also a major source of imports of raw materials for the country. U.S is the second-largest importer of Swiss goods after Germany and also is the largest foreign investor in Switzerland (state.gov, 2010). 3.0 Legal Climate The business regulatory system in Switzerland is highly transparent and regulations affecting the activities of both local and international investors are applied with no discrimination. Previously, cartels were common in the economy whereby companies in various industrial and service sectors through industrial and trade associations organized themselves into vertical and horizontal cartels. The new law governing the formation of cartels ensures that such cartels do no harm to the society and the economy. The adoption of this law which includes the authority to stop anti-competitive behavior without prior warning has facilitated an extra GDP growth of 0.5-0.8% per annum following the reduction of harmful cartels (Dimireva, 2010). The legal system governing international and local business activities has propagated an efficient capital markets and   portfolio investment. One of the largest markets for foreign borrowers is the Swiss franc dominated foreign bond market and generally there are no restrictions on the sale or purchase of   foreign equities and currencies. Forward transactions between Swiss nationals and foreigners can be carried out at the prevailing market rates. The liberal market of Switzerland is protected from being misused as a platform for criminal activity and money laundering by regulations which serve to adjust particular aspects of portfolio investment. A good example is the signing of OECD Anti-Bribery Convention in 1997 which started operating in 2000 (Dimireva, 2010). The effective legal and policy framework of Switzerland has excelled in combating corruption which if unchecked can adversely impact the international business climate. Following implementatation of laws deterring corruption, for instance the U.S firms which have invested in Switzerland have not issued any complaints about cases of corruption. There are highl y effective investigative and enforcement mechanisms which deals with any domestic corruption and this has attracted more international investors who have developed confidence in the Swiss economy. 4.0 Political Climate The Swiss political system is highly stable and effective since both the county and state government bodies possess high levels opf control. The system has been structured in such a way that all the rural and urban areas of the country have access to government officials for requests or essential information. A referendum which requires a popular one million signatures is enough to give people the power to demand certain changes concerning business practice, the established law or the environment. One of the main contributors to the country’s political stability is the stability existing within different institutions.The Swiss National Bank for instance is a highly steadfast finanacial institution which has strengthened and stabilised the Swiss Franc. Political stability is further stabilised by the fact that Switzerland   is a representative democracy in which the major governing body is the Federal Council made up of seven persons. The government is considered to be trustw orthy and honest by the populace (mkeever.com, n.d). 5.0 Cultural Climate International business climate in Switzerland is greatly influenced by the etiquette and cultural expectations in the Swiss professional environment. In order to develop productive working relationships and successful business strategies, it is a preriquisite to understand and respect the various aspects of Swiss culture. The country offers Communicaid’s Doing Business cultural awareness courses to enhance the creation of fruitful business relationships between foreign business professionals and the Swiss clients partners and colleagues (Guliyev, 2007). Such courses are essential in ensuring competitive advantage which offers foreign business people with the ideal opportunity to comfortably do business in the country. In addition, there are a wide range of cultural and leisure activioties which has further facilitated the progress of the country in doing intyernational business. The ideal cultural climate has prompted a large number of   sports lovers, business travellers an d nature enthusiasist to visit the country all year round which has elevated international business relations a notch higher. 6.0 Conclusion The creation of an enabling international business climate is a collective task of various institutions and aspects of the society. These aspects must comprehensively address cultural, political, economic, and legal situations of the particular country which is willing to create a conducive business environment. Switzerland is a good example of a country in the heart of Europe which has embarked in creating such an environment which consequently has attracted huge investments. The creation of   an excellent international business climate may not be as challenging as sustaining it and therefore firm political, legal, cultural and economic strategies are indispensable in achieving it.

Tuesday, January 21, 2020

Creativity, the Subconcious, and Daydreaming :: Biology Essays Research Papers

Creativity, the Subconcious, and Daydreaming When an artist of any sort is inspired they have what can very closely be compared with a spiritual feeling. Some have said that this state in which, the imagination flows so freely is that of a conscious dream. In this short essay I will explore the ideas behind creativity and this dreamlike state of inspiration. In order to do so we must first decide what creativity is and then how it is affected. Creativity ¡Ã‚ ¦ is it merely the expression of ones ideas, or must it be something that none has ever thought of before? My answer to this question is that neither idea is a proper definition for creativity. To be creative is the ability of the individual to express themselves in a passionate manner that is unique. The expression must be unique in the fact that the way in which it is expressed demonstrates the emotions and feelings of the creator. Also there are other forms of creativity such as inventing in which although the idea itself may not be completely new, or unrelated to something else, but that this idea is a composite of the information, which one has obtained throughout their life. This idea in order to be creative cannot be just a regurgitation of the ideas, but rather it must be an individual perspective. Creativity can be found in every day life in the simplest things, as in the way in which a person observes a flower that they are passing. However, what causes a c reative genius is the way in which they express their unique perspective. Creative Geniuses when asked about their feelings of inspiration have often said that they feel that their spiritualized feeling is similar to that of a dream. Could the dream-like state which artists experience during inspiration be similar to that of daydreaming? Absolutely, Day dreaming is when one ¡Ã‚ ¯s mind drifts from the task that it has been set to do. In this state we are still conscious unlike in sleeping dreams, but our mind is able to, so to speak drift into the depths of itself. There have been studies done that say that daydreaming is connected with intelligence and creativity. This is partially because sometimes our brain needs time to process information and although this is generally done during our REM sleep cycle sometimes it can carry over to our wakeful states.

Monday, January 13, 2020

How Did Manifest Destiny Manifest Itself?

How did Manifest Destiny manifest itself? Manifest Destiny manifested itself in several ways during the period 1840-1896. Almost every major crisis or notable event was somehow related to manifest destiny. To understand the meaning of Manifest Destiny, we need to go back to its origins. The term Manifest Destiny was first used by John O? Sullivan in July-August 1845, in the Democratic review; â€Å"our manifest destiny to overspread the continent allotted by Providence for the free development of our yearly multiplying millions† O? Sullivan said this while asking Congress for the annexation of Texas.The annexation followed quickly after but O? Sullivan? s use of sentence was barely noticed. Later in 1845, O? Sullivan reused the phrase but this time it created an extremely influential political idea. The general idea of Sullivan? s phrase was that God gave the United States of America territory so that the American people could travel westwards and settle on land that was right fully theirs. We can notice that Manifest Destiny is a racial doctrine and it put forward the white supremacy. Some people say, that the idea served as a justification for the expropriation of Native American lands.This theory cost the death of many Whites, Blacks and Native Americans. O? Sullivan created the perfect excuse for politicians like Polk, to push forward their plans of expansion in the West. James Polk was the 11th President of the United States and was in charge during both of the annexation of Texas and the Mexican War. He is one of the only presidents that competed his agenda while he was in his office. He was the last president before the outbreak of the Civil War. He is mostly remembered for his foreign policy success. The only reason Polk was not criticized a lot about the war was that he put forward Manifest Destiny.He stated that he was fighting for the Americans so that they could move westwards into new land. While the Mexican war was going on, Polk managed to increase the size of Texas, gain new territories of California, Nevada and Utah. This war of two years resulted in the treaty of Guadeloupe. According to different Sources, the treaty of Guadeloupe gave the USA an area of land from 900,000 square miles. Because of all this new and unpopulated land, the American government was keen on populating these areas to get for example more export availabilities. This caused a lot of Americans to move west because it was a new opportunity for them.From 1940 to 1962, four new laws were put through which encouraged people to move westwards. The Religion of the Church of Jesus Christ of Latter Day Saints, more commonly known as the Mormons was another cause why the western borders were shaped by Manifest Destiny. The Mormons claimed that people from Jerusalem were helped by god to get to the western hemisphere 600 years before Jesus Christ was born. According to Smith, the western land was rightfully the property of the Mormons and therefore rese mbles with the doctrine of Manifest Destiny. Smith died before being able to bring his people west.The LDS were persecuted so much because of their beliefs in Ohio and Illinois, that when Brigham Young took over, he started going westwards. The plan was to escape was to create a religious state in Utah. On the way to the West, they were attacked by both Native Americans and other Whites (mostly Mormons). When they arrived, Young founded Salt Lake City and became governor of Utah. It was in Utah, where the Mormons fought bitterly against other religious movements because of their previous hounding. The Oregon Boundary Dispute was another incident that was the cause of manifest destiny.It had been a problem since 1818 when the USA and Britain claimed that the Oregon territory was their own. To avoid war, the two countries occupied the territory and waited for a permanent solution instead. In 1844, there was another presidential election and Polk was a candidate. He promised them that he would fight for the boundary to be put at 54 40-north latitude. At the same time, war tensions were at an all time height because both countries wanted land and were ready to fight for it so therefore the Treaty of Washington was signed. It gave the USA and Britain, equal amounts of new land.Westward travel was made easier because railroads were built around America. It was the country with the most developed railroads and they were built quickly around the country. In the end, America had over 30,000 miles of railroads. Following the railroads, a Transcontinental Railroad was built between 1863 and 1869. Americans didn? t want to cross salt flats and deserts so they wanted to be able to assert their right of manifest destiny. The railroads meant that Americans could now go around America until the Rockies in the far west. Before people didn? go into the west but the railroads made it easy to get there and people found resources in the ground which gave them money and the opportu nity of a new way of living. A lot of people from the east who fought in the Civil War moved to the west because they saw a new opportunity of prosperity. This also helped the transcontinental railroad. Like a lot of other events, which were related to manifest destiny, minorities were abused. It was the Irish and the Chinese, which spent the most time on the railroads but in the end, it was the whites, which benefited the most from the economical growth.Behind this national triumph, the Native Americans and the Chinese immigrants were completely socially excluded. Another aspect of manifest destiny is the American reaction when gold was discovered in California. It was found at the Sutter? s mill by James Marshall in 1848. The gold rush lasted from 1848 to 1855 and it was a huge boom for California. Manifest Destiny developed in a completely different idea during that period. The WASP? s were actively looking for gold and they tried to prevent the minorities from finding any expens ive resources. The Whites also benefited from the treaty of Govt.While the whites found minerals, the water of the Native Americans was poisoned and not clean so therefore they suffered from disease and sometimes-even death. Native Americans also died of smallpox and other rear diseases At the start of Manifest Destiny, less then 20,000 people lived in California. By 1855, there were over 300,000 gold seekers. Because of this massive increase, anti-foreigner laws were passed. Racist ideas were passed on in generations and the tax for immigrants got increased so that they would move out of America. Manifest Destiny was again used as an excuse for white supremacy.Sometimes, the government just took land and said that God told them to. After a few years, California became its own state when all the Native Americans were gone. People, which were pro- slavery, argued that manifest destiny allowed them to bring their slaves into the new land. In their point of view, they helped the slaves because they gave them food and a few supplies but in fact the slaves were treated badly and it wasn? t right to do it. Before the Mexican war, there had been 15 pro-slavery states and 15 anti-slavery states. In 1850, the Missouri Compromise took place. The compromise included: The admission of California as a free state * The Texas dept. would be taken to the federal government * A better Fugitive Slave Act (FSA) * The continuation of slavery but the abolition of slavery in Washington DC In the Kansas-Nebraska problem, manifest destiny manifested itself in several ways. Because Kansas was on the border between the South and the North, there was a big problem for the government whether to allow slavery or not. There was a public outcry when Douglas, who was the runner up for the presidency as a democrat, repealed the 1820 Missouri Compromise.Obviously, the north didn? t want any more slave states. To oppose the idea of Kansas, the northerners shipped people to Kansas while the sout h send people over the border into the state. Eventually a fight broke up and there were murders. In the end, unfortunately for Douglas, the problem he had caused was the end of Manifest Destiny. So instead of getting stronger and unifying the democrats, Douglas had split the party into two. When the conflict came to an end, when the west had been populated, the land taken and the American Indians killed, manifest destiny was just not what it had been before.There was no more land to capture but unfortunately that didn? t mean the end of Manifest Destiny. According to Turner? s theory, the frontier drew and promoted some types of people which wouldn? t have risen as high without the frontier. It could almost be called the survival of the fittest. The ones that adapted best got the most out of their own situation. Jameson on the other hand claimed, that the frontier held back the revolutionaries so when the frontier was gone, the people ceased to be revolutionary. To oppose this theo ry, Turner argues because of this, these men and women flourished.The difference between the two men was that Jameson looks at the frontier as a very active agent, which formed the people while Turner states that the frontier attracted people which were looking for a new opportunity. Manifest Destiny had a lot of serious consequences for Native Americans, since the expansion into the West by the Americans meant the occupation and annexation of Native American land. This land was sometimes even used to expand slavery. The Americans only recognized parts of the Indian territory and this was supported by the Washington Administration which was signed by Henry Knox who was the Secretary of War.As a conclusion, manifest destiny manifested itself during almost every major event in the period 1840-1896. It was the reason of every conflict, in the minds of every pioneer and behind every political move towards the expansion of the United States of America. It had three main components but mo st saw the doctrine as a literal thought. Many said that it was a White man? s yoke to bear. A minority saw in it a sense of a mission. They saw a historical need that America needed to expand to be able to rule the whole continent. Yet for all these rather positive aims, Manifest Destiny had its dark side.The negative thing about Manifest Destiny is that apparently it gave the whites the right to burn, kill and raze anything that came in their way of expanding into the west. No one thought about what they were doing to the Native Americans until after they were dead. I think, the Americans used manifest destiny as a rallying cry, which said: â€Å"We are superior, we are better than you. † In other words, America manifested itself to satisfy the hunger for land that the American people had at the time. It served as a way to greaten the United States of America and please its people.

Sunday, January 5, 2020

The Chernobyl And Piper Alpha Case Studies - 1470 Words

Peyman Alizadeh Professor M. Gaboury LAWS 1038-41 Date November 25, 2016 Compare and Contrast the Chernobyl and Piper Alpha Case Studies Introduction: Chernobyl and Piper Alpha Case studies are two of the engineering failures that has happened in the world. The world worst civilian disaster happened when the Chernobyl nuclear power explode in soviet plant located in Ukraine. Soviet nuclear plant was one of the most advanced facilities that included four reactors. The Chernobyl accident happened on 26 April 1986 when the technician wanted to test the backup cooling system for the reactor number four without following the safety procedure. Due to explosion in reactor number four, eight tons of radioactive debris spread into the atmosphere that caused 115000 people to evacuate from 30 kilometers around the area. As a result of this explosion, thirty-one of the plant personnel and the initial fire workers who involved in extinguishing the fire were died shortly from acute radiation sickness. The main issue causes Chernobyl disaster is complex since some people blame the Chernobyl tragedy on the power plant operator, the other blame on the design of the reactor itself (UNSCEAR, 2008). Piper Alpha platform explosion and massive fire happened on July 6th, 1988 and located on the North Sea offshore. This disaster was also one of the most significant disaster in human history and the history of the North Sea. In this incident 167 people killed and most of the properties wereShow MoreRelatedExplain The Term Safety Culture 1481 Words   |  6 PagesResource Management related policies and practices could successfully maximize the human resource contribution, this may incur a significant cost for employees. The deleterious effect of ‘human resource maximizing policies’ was all too apparent in the case studies of airline cabin crews and call centre workers, in which various policies and practices were intimately linked to work intensification and work related illness and injuries. Based on these findings, it could be argued that employee health is aRead More Human Error Essay2183 Words   |  9 Pagescatastrophes puts human error in the spotlight. Some ex amples of human error catastrophes include: the Tenerife runway collision in 1977, Three Mile Island in 1979, the Bhopal methyl isocyanate tragedy in 1984, the Challenger and Chernobyl disasters of 1986, and the Piper Alpha oil platform explosion in 1988. While these catastrophes put human error concerns in the spotlight, the human error impact on manufacturing operations can be just as detrimental. All of the catastrophes that were describedRead MoreNebosh Idip Unit a (Qa)3756 Words   |  16 Pages NEBOSH INTERNATIONAL DIPLOMA IN OCCUPATIONAL HEALTH AND SAFETY UNIT IA – International management of health and safety January 2011 Question 1 (a) Giving reasons in EACH case, identify FIVE persons` who could be interviewed to provide information for an investigation into a workplace accident. (5) (b) Outline the issues to consider when preparing the accident investigation interviews for workers from within the organisation. (5) SECTION A * The injured personRead MoreSafety Culture vs Safety Climate5255 Words   |  22 Pagescan be traced back to the nuclear accident at Chernobyl in 1986 in which a â€Å"poor safety culture† was identified as a factor contributing to the accident by both the International Atomic Energy Agency and the OECD Nuclear Agency. The Chernobyl disaster was the worst accident with regard to nuclear power generation. The recognition of the importance of safety culture based from this experience and to prevent future accidents has led to a plethora of studies attempting to define and assess safety culture

Saturday, December 28, 2019

Essay on John F. Kennedy - 517 Words

JFK John F. Kennedy was the 35th president of the United States (1961-1963). He was born in Brookline, Massachusetts, on May 29, 1917,the second oldest in a family of nine children, the son of financier Joseph P. Kennedy, who served as ambassador to Great Britain during the administration of Franklin D. Roosevelt. He graduated from Harvard University in 1940. In 1941, John Kennedy joined the Navy. He became the commander of a small boat assigned to the battle in the Pacific against the Japanese. After World War II he soon decided to run for political office. In 1946, he was elected to the U.S. Congress, Kennedy, a Democrat, served three terms (six years) in the House of Representatives, and in 1952 he was elected to the U.S.†¦show more content†¦On Nov. 22, 1963, Kennedy was shot to death in Dallas, Texas, the fourth United States president to die by an assassins bullet. The state funeral of President Kennedy was watched on television by millions around the world. He was buried in Arlington National Cemetery. During his time as President, JFK had to make difficult decisions. Many of the hardest choices concerned the relationship between our nation and the Soviet Union. President Kennedys death caused enormous sadness and grief among all Americans. Most people still remember exactly where they were and what they were doing when they heard the news of the murder. Hundreds of thousands of people gathered in Washington for the Presidents funeral, and millions throughout the world watched it on television. As the years have gone by and other Presidents have written their chapters in history, John Kennedys brief time in office stands out in peoples memories--for his leadership, personality, and accomplishments. Many respect his coolness when faced with difficult decisions--like what to do about the missiles in Cuba. Others admire his ability to inspire people with his eloquent speeches. Still others think his compassion and his willingness to fight for new government programs to help the poor, the elderly and the ill were mostShow MoreRelatedJohn F. Kennedy983 Words   |  4 PagesThe first Roman Catholic president, John F. Kennedy, fought through many hardships. Becoming the president at the age of 43, he went through many difficult trials to get that role due to his religion and health. Although he died early, he still managed to go beyond his presidential duties and accomplished a lot during his shor t term. John F. Kennedy was born on May 29, 1917 in Brookline, Massachusetts. Ever since he was little, he has had very poor health. He suffered from a variety of diseasesRead MoreJohn F. Kennedy 1158 Words   |  5 PagesAssassination, and Legacy of John F. Kennedy written by Dean R. Owen is a series of reflections of people who knew and admired John F. Kennedy. Most people in the book discuss where they were the day of his assassination, their reaction, and how it affected everything and everyone around them. Others speak about what kind of leader Kennedy was, the legacy he left behind, and how when he died the country was never the same. Owen writes about people who once worked for Kennedy as well as his goodRead MoreJohn F. Kennedy1635 Words   |  7 PagesPresident John F. Kennedy once said â€Å"The path we have chosen for the present is full of hazards, as all paths are. The cost of freedom is always high, but Americans have always paid it. And one path we shall never choose, and that is the path of surrender, or submission† . Whether this statement was meant to describe the circumstances of the Cold War, or to display reasons for the use of the atomic bomb, these simple words brought understanding to the American people. That is, until the assassinationRead MoreAnalysis Of John F. Kennedy892 Words   |  4 PagesAdam Frankowski Mr. Vollmer English 12A 11 October 2015 Rough Draft- John F. Kennedy â€Å"And so my fellow Americans, ask not what your country can do for you; ask what you can do for your country.† Quotes like this earned John F. Kennedy the respect of a nation and the reputation as a great leader. His life is a major part of United States history for all that he contributed. John F. Kennedy is considered a hero for his memorable actions during his navy career, his ability to easeRead More John F. Kennedy Essay979 Words   |  4 PagesJohn F. Kennedy John F. Kennedy was one of the greatest presidents of the twentieth century. He united almost the entire nation under a common goal; the Moon. His charisma could turn skeptics into believers, and strengthen the bond between himself and his supporters. 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Kennedy1129 Words   |  5 PagesPresidents relate in life and none in death. Most people know John F. Kennedy as the 35th President of the United States, the youngest president, and one of fewest presidents that was killed. But what was JFKs legacy? JFK was born on May, 29th, 1917 in Brookline, Massachusetts, a quiet, clam suburb in Boston. As a child John F. Kennedy was mostly referred to the name Jack, by friends and family. His parents, Rose and Joseph Kennedy were too involved with social rank and their place in BostonsRead MorePresident John F. Kennedy1738 Words   |  7 Pages President John Fitzgerald Kennedy Our Nation’s 35th President Andrew Hogenson History 112 June 15, 2015 John Fitzgerald Kennedy was the 35th President of the USA and served at that position only for three years as at the end of the third year he was assassinated in Texas. Even though his presidential term was not long, it was significant, mostly with the strong opposition against the USSR (in a person of its Prime Minister of that time, Nikita Khrushchev). President Kennedy’s name is associated

Friday, December 20, 2019

The Sarbanes Oxley Act ( Sox ) - 955 Words

Ernestas Zarskis BUS 5644 International Accounting and Reporting Paper #2 Dr. LuAnn Bean 1. Based on the video Bigger Than Enron, discuss at least five features of the Sarbanes-Oxley Act (SOX) that are the result of events related to corporate fraud. Under Section 302 signing officer should be familiar with the report and are responsible for internal controls and have evaluated these internal controls within the previous ninety days and have reported on their findings. Also, report should not contain any material untrue statements or material omission or be considered misleading. Section 401 states that financial statements are published by issuers are required to be accurate and presented in a manner that does not contain incorrect statements or admit to state material information. Under section 404 issuers are required to publish information in their annual reports concerning the scope and adequacy of the internal control structure and procedures for financial reporting. Section 409 shapes that issuers are required to disclose to the public, on an urgent basis, information on material changes in their financial condition or operations. Finally Section 802 of SOX act imposes penalties of fines and/or up to 20 years imprisonment for altering, destroying, mutilating, concealing, falsifying records, documents or tangible objects with the intent to obstruct, impede or influence a legal investigation. 2. What does the video mean when it says that Enron s collapse is moreShow MoreRelatedThe Sarbanes Oxley Act ( Sox )1728 Words   |  7 Pagesaccounting scandals that led to the passing of Sarbanes-Oxley Act, which introduced the most comprehensive set of new business regulations since the 1930’s. The Sarbanes-Oxley Act (SOX) is an act that was passed by United States Congress in 2002. This act safeguarded investors from the likelihood of fraudulent accounting practices of publicly traded organizations by authorizing strict reforms to advance financial disclosures and prevent accounting frauds. With SOX being an extremely important piece ofRead MoreThe Sarbanes Oxley Act ( Sox )1604 Words   |  7 Pagesthe company. Thus, to respond to the public pressure over acts of corporate offense, the Sarbanes-Oxley Act (SOX) was enacted in 2002. SOX proposed major changes to the regulation of corporate governance and financial reporting by improving the accuracy and reliability of company disclosure. This essay will explain the effects of SOX on the financial statement fraud in an organization. Situation Prior to the legislation of Sarbanes-Oxley Act, the regulations of financial statement were much more laxRead MoreThe Sarbanes Oxley Act ( Sox )943 Words   |  4 PagesThe Sarbanes-Oxley Act (SOX) was passed by Congress in 2002, and is administered by the SEC. The SEC checks for compliance and creates rules and requirements. The Act was created to restore investor confidence in financial statements after major accounting frauds, such as Enron, Tyco, and WorldCom. In addition, SOX aimed to prevent future accounting fraud through improving the accuracy of disclosures and through increasing corporate governance, accountability, and reliability. Major Provisions TheRead MoreThe Sarbanes Oxley Act ( Sox )2238 Words   |  9 Pages The Sarbanes-Oxley Act. An act passed by U.S. Congress in 2002 to protect investors and the general public from the possibility of accounting errors and fraudulent practices by corporations. The Sarbanes-Oxley Act (SOX), named after U.S. Senator Paul Sarbanes and U.S. Representative Michael G. Oxley, which contains eleven sections, mandated strict reforms to improve financial disclosures and prevent accounting fraud. The eleven sections of the bill cover responsibilities of a public corporation’sRead MoreThe Sarbanes Oxley ( Sox ) Act1995 Words   |  8 PagesThe Sarbanes-Oxley (SOX) Act was passed by Congress in 2002 to address issues in auditing, corporate governance and capital markets that Congress believed existed. These deficiencies let to several cases of accounting irregularities and securities fraud. According to the Student Guide to the Sarbanes-Oxley Act many changes were made to securities law. A new federal agency was created, the entire accounting industry was r estructured, Wall Street practices were reformed, corporate governance proceduresRead MoreThe Sarbanes Oxley Act ( Sox )1202 Words   |  5 PagesBrief historical summary on SOX enactment The Sarbanes Oxley Act (SOX) was sanctioned in July 2002 with the objective of reestablishing public trust in the markets. SOX was promised as one of the opportunities for cultivating organizational ethics by clearly outlining the code of ethics. This included the raise of truthful and strong ethical behavior. SOX moreover, demands that corporate organizations to release codes applicable to the senior financial officer. Indorsing whistle blowing in theRead MoreThe Sarbanes Oxley Act ( Sox ) Essay1609 Words   |  7 Pagesmalpractices across several companies in the United States such as Enrol Corporation, Tyco International and WorldCom, there has been a lot of attention with regards to the accounting practices in the corporate sector. Specifically, the Sarbanes – Oxley Act (SOX) which was passed by congress in 2002, was aimed at addressing the situation by regulating fraudulent accounting practices such as bribery and wrong entries in books (Williams Elson, 2010). While r egulation has its own limits, it is hopedRead MoreThe Sarbanes Oxley Act ( Sox )969 Words   |  4 PagesU.S. Congress passed the Sarbanes-Oxley Act of 2002 (SOX), a legislation put in place not only to improve the accuracy of corporate disclosures, but also to protect shareholders and the general public from accounting errors and fraudulent practices in all organizations. Although these organizations include corporations, small businesses, non-profit institutions, government bodies and any other entity where business is conducted, according to Accounting in Business, the Act was mostly enacted to â€Å"toRead MoreThe Sarbanes Oxley Act ( Sox ) Essay1233 Words   |  5 Pagescompanies such as Enron and WorldCom in the turn of the century motivated Congress to pass the Sarbanes-Oxley Act (SOX) in 2002 to strengthen regulations within the accounting profession (Whittington Pany, 2014). As a result, the SOX introduced provisions that changed the accounting function, such as the es tablishment of the Public Company Accounting Oversight Board (PCAOB) and other major elements; however, the SOX regulations subsequently resulted in consequences to its compliance. In the United StatesRead MoreThe Sarbanes Oxley Act ( Sox )1526 Words   |  7 PagesEssay #1- Tax Advantages and Disadvantages of Sarbanes-Oxley Eric Kitts Liberty University â€Æ' Introduction The Sarbanes-Oxley Act (SOX) of 2002 was implemented to deter fraudulent activities amongst companies by monitoring and auditing financial activities as well as set up internal controls to aid in the safeguard of company funds and investor’s interest. SOX also regulates the non-audit tax services (NATS) that can be performed by an auditing firm. SOX was passed by Congress in 2002 in an attempt

Wednesday, December 11, 2019

Argumentative Essay On Abortion Pro Choice Example For Students

Argumentative Essay On Abortion Pro Choice Every year in the United States 25% of all pregnancies results in an abortion, this adds up to over a million abortions a year. This clearly illustrates that there is problem of over aborting innocent fetuses in our society. I am a firm believer that abortion should be restricted, to minimize its use. I believe that our current society is using abortion as a form of contraceptive. I believe abortion does have its place, and should not be banned altogether. However I do believe when it is used form of birth control that it is being used incorrectly. When examining the issue of abortion there are many questions to consider. What if the mother wants the baby, and the father doesnt? What if the father wants the baby and the mother doesnt? What if the decision is made to abort the fetus in the first trimester as opposed to the second or third trimesters? What if the mother was impregnated by an act of rape? What if going on with the pregnancy could cause harm to mother? All of these questions raised are touchy issues. All of these questions bring up good points for both sides of this debate. Many people who are pro choice claim that the mother has a right to privacy, and to deny them the decision to abort is going against this right. They believe that since this decision affects the womens body, that this should be her private business. I really dont like this argument. I believe that the right to privacy no longer exists when the decision effects more than the person involved in the decision. When a woman makes the decision to have an abortion it affects many people involved, rather than just the mother. The father is also greatly affected by this decision. The father should have equal say in this decision making process. In any case that the father wants to keep the child, the woman should not have the right to abort. This theory work both ways, if the mother wants to keep on with the pregnancy and the father wants to terminate it, by no means should the mother have to grant the father his wishes. I think John Stuart Mills harm principle supports my argument. Mills pri nciple believes that a person has a right to do whatever they choose as long as they cause no harm, or the potential of harm to others. When a mother makes a decision to abort the pregnancy the father can defiantly be mentally harmed by her decision. Another issue about abortion is when the abortion actually occurs. A pregnancy is divided into three time periods. These time periods are called trimesters. Each trimester is 13 weeks, which adds up to 9 months, the duration of a normal pregnancy. The question about this issue is when does actual human life begin. Many people feel in the first trimester that the fetus is not viable. If the fetus cannot survive on its own, then it is not a life, so it can be terminated. I dont like this argument either. I believe once conception occurs that there is a valuable life in existence. I realize that it may not be able to survive on its own, but there is still enough there to protect. After learning of a pregnancy many excited expecting families begin to prepare for their new addition. They have baby showers, build a baby room and buy baby cloths as well as many other items in preparation for this big event. Surely they are not making all these decisions without knowing for sure if a baby is on the way. They are making these arrangements happen because they know what is going to happen in near future. The fetus might not be viable at the time of all these plans, but they know in the matter of months it will be. This argument also works both ways. People, who decide to abort the fetus, know damn well they are discontinuing a potential life. Even if the fetus cant survive on its own, it is only a matter of a few short months before it will be able to. When a mother concludes that she