Essay on Gun Ownership and the Second Amendment of the...

Gun Ownership and the Second Amendment Over the centuries, the Supreme Court has always ruled that the 2nd Amendment protects the states militias rights to bear arms, and that this protection does not extend to individuals. In fact, legal scholars consider the issue settled law. For this reason, the gun lobby does not fight for its perceived constitutional right to keep and bear arms before the Supreme Court, but in Congress. Interestingly, even interpreting an individual right in the 2nd Amendment presents the gun lobby with some thorny problems, like the right to keep and bear nuclear weapons. The Second Amendment states: A well-regulated militia being necessary to the security of a free state, the right of the people†¦show more content†¦The reason is because the Supreme Court -- this nations final arbiter on the interpretation of the Constitution -- has always ruled that the Second Amendment does not extend the right to keep and bear arms to individuals, but to the well-regulated militias mentioned in the first part of the amendment. Specifically, these are militias that are regulated by the federal and state governments. Article I, Section 8 authorizes Congress: To provide for calling forth the militia to execute the laws of the union, suppress insurrections and repel invasions; to provide for organizing, arming and disciplining the militia, and for governing such part of them as may be employed in the service of the United States, reserving to the states respectively the appointment of officers, and the authority of training the militia according to the discipline prescribed by Congress. The Founders were passionately opposed to standing peacetime armies -- in fact, Thomas Jefferson listed it as one of their grievances against the British Crown in the Declaration of Independence. Intent on eliminating this evil, they created a system whereby citizens kept their arms at home and could be called by their state militias at a moments notice. These militias eventually became the states National Guard, and the courts have always interpreted them that way.Show MoreRelatedA Well Regulated Militi The Founding Fathers And The Origins Of Gun Control1472 Words   |  6 PagesOrigins of Gun Control in America By Saul Cornell Introduction The Second Amendment remains one of the most controversial pieces of legislation in the contemporary America. The onset of the controversy regarding gun ownership rights can be traced back to the nineteenth century. Some of the major events that shaped the debate on gun ownership include Shay’s Rebellion and the dispute between federalists and anti-federalists. Slavery and the abolition movement also shaped the debate on gun ownership. InRead MoreDrawing Influence From Levinson ( 1989 )1060 Words   |  5 Pagesonce again, I would like to argue that there is not or should not be an understanding that the Second Amendment is of greater importance and a higher degree of static understanding than other aspects of the Constitution. Levinson critiques this condition of the American population as follows; â€Å"If one does accept the plausibility of any of the arguments on behalf of a strong reading of the Second Amendment, but, nevertheless, rejects them in the name of social pr udence and the present-day consequencesRead MoreHandguns Should Not Be Banned Handguns1677 Words   |  7 Pages Gun violence, especially that as caused by handguns, is a major problem in America. It affects millions of people annually, and the effects it has are irreversible. However, this reality does not constitute for a complete ban on the private ownership of handguns. A ban on the private ownership of handguns should not be enacted on the grounds that the United States government ought to preserve democratic legitimacy and constitutionalism, and a ban is not feasible or just in America’s politicalRead MoreThe Issue Of Gun Ownership1502 Words   |  7 Pageswith handguns, the Second Amendment, which states that â€Å"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed†, protects the private ownership of them. The Supreme Court has consistently ruled against gun bans or regulations as violating the 2nd amendment. In the landmark ruling Heller vs. District of Columbia in 2008, the Supreme Court ruled that a thirty-two year ban on the private ownership of handguns inRead MoreThe Problem Of Gun Control881 Words   |  4 PagesOne possible solution of gun problem in the United States The ownership of firearm became legally in United States since their second amendment of the constitution enacted in 1791. It seems a symbol of the right to freedom, however, it has also brought a great convenience to criminals. The gun shooting accident are repeatedly happening in United States each year and lots of innocent people get hurt. What more serious is, the number of such tragedies are continuing increase. Many people living inRead MoreThe Processing Of Possessing A Gun1383 Words   |  6 PagesThe processing of possessing a gun is pretty easy and it goes by the steps. Processing depends on state because each state has different ways of possessing gun. At first, Many states require a few days to pass between the time a person purchases a gun and the time when they can take possession of the gun. A background check of criminal records is mandatory in some states before one can assume ownership of a gun. Gun permit is required to own a gun or use a firearm, more likely, people are requiredRead MoreThe Rights Of A Free State1118 Words   |  5 PagesAmerican Lit 2 December 2014 Amendment II â€Å"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.† The Right to Bear Arms According to the Second Amendment, in the Bill of Rights, the rights of the people to keep and bear arms have been enacted since December 15th, 1791. Across the 223 years this amendment has been around, there has been an abundance of history behind the Second Amendment. Over this time periodRead MoreThe Second Amendment Of The United States1725 Words   |  7 Pagesâ€Å"Americans are deeply divided over the Second Amendment. Some passionately assert that the Amendment protects an individual’s right to own guns. Others, that it does no more than protect the right of states to maintain militias† (Cornell). The Second Amendment of the constitution gives citizens the right to bear arms, and is therefore one of the most important laws of the nation. This amendment holds an important value to our nation because, it prevents tyranny but, it also protects, spreads, andRead MoreGun Control Laws Limit Violent Crime1385 Words   |  6 Pagesthe absence of a correlation between strict gun control measures and reducing violent crime rates in US states. It is time to ensure that our Constitution is upheld to protect the ideals of American democracy. 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Exchange rate movements and pegged currencies - Free Essay Example

Sample details Pages: 10 Words: 3147 Downloads: 1 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? INTRODUCTION Successful money requires both trust in the reliability of its issuer and a reasonable degree of stability in its value (Black, 1985). The US Dollar (hereon USD) replaced the Pound Sterling after World War II as the dominant world currency because of the size of the American economy, its global trade and its developed financial markets. The USD has been the benchmark for other national currencies after the breakdown of the Bretton Woods System in 1972 since then it has been the most important currency of the International Monetary System and no other currencies have so far been able to overtake its standing (Salvatore, 2000). Don’t waste time! Our writers will create an original "Exchange rate movements and pegged currencies" essay for you Create order The Euro was introduced on January 1, 1999, at the value of $1.176. The Euro has become the second most important international currency since its creation; it depreciated drastically against the dollar within one year from its introduction. This report will trace the movements of the USD against the Euro since the introduction of Euro in 1999 to date by explaining its movement during four major trends which are January 1999 to January 2002, February 2002 to December 2004, January 2005 to June 2007 during which it remained more or less stable and it has been highly volatile from beginning of the subprime crisis (mid 2007) till date. The Euro was launched at 1.176 Dollars on the 1st of January, 1999. Many observers and analysts predicted the Euro to appreciate against the USD, but as shown in figure 1, the Euro rose to a maximum of $1.1877 on January 4th and then depreciated by 39% in relative to the Dollar and reached an all time low value of 0.852 Dollar per Euro in October 20 00, which continued till June 2001 leading to an appreciation of the Dollar (Wong Khan, 2006). The depreciating value of the Euro persuaded The European Central Bank (hereon ECB) to raise interest rates seven times during, its borrowing rate from 4.75% to 2.5% and also had interfere in the foreign exchange market four times during November 1999 and October 2000 (Neaime Paschakis, 2002). Several studies have been conducted to explain this movement. The empirical analysis by Corsetti and Pesenti (2000) state that the high growth and interest rates in the US when compared to the Euro zone during the introduction of the Euro lead to an increase in the value of the Dollar relative to the Euro. This can also be supported by Merendith (2001), whose empirical study states that an increase in equity prices in the mid-1990s in US lead to increase in market capitalization in relative to its gross domestic product, increasing both consumption and investment which increased the demand of US D. An increase in demand caused the long term real interest rate to increase sooner than the short term real interest rate, since uncovered interest rate parity is one of the determinants of exchange rate, this lead to an appreciation of Dollar when compared to the Euro. Cohen and Loisel (2001), state that the tight fiscal policy imposed by Maastricht fiscal criteria and a loose monetary policy was also one of the reasons for low interest rate in the Euro zone which lead to the appreciation of the Dollar against the Euro. Neaime and Paschakis (2002) studied the effects on the differences between the US and Euro zone in respect to inflation rates, risk return opportunities, cyclical behaviour and trade and capital flows on the Dollar- Euro exchange rate, their results suggest that the appreciation of dollar from 1999 to 2000 can be explained by the positive shock to aggregate demand in the US during this time period. While Arestis et al (2002) states that, the diversified economic conditions of the Euro member countries lead to a weak economy in the zone due to which the Euro depreciated against the Dollar. But Musa (2001) argued that the weak base of the euro zone was not a reason for the depreciating euro, he stated that it was normal for a new currency to depreciate against the hard currencies such as the USD and Yen. He expected the Euro to become stronger after few years of its inception. The high social security payments, strict employment opportunities and the restrictions on working and opening hours in the Euro zone when compared to the American markets made companies to invest in the US during the introduction of the Euro, which lead to an appreciation of the Dollar (Neaime Paschakis, 2002). This can be supported by Felstein (1997b 2000) who states that euro may remain weak because of the structural rigidities in Europe economies. In this modern world, the more developed economy is likely to attract high return capital investments. The IMF report 2001 states that, the quick growth in the US long term investments such as equities, bonds and direct investments attracted high capital inflow into the US economy which lead to an appreciation in the Dollar value during this period. A study on the balance of payments data shows a rise in direct investment by Euro resident in the US during this time period. This can also be supported by several empirical studies which state that there is a significant relationship between capital inflows and exchange rates. The Dollar started to depreciate against the Euro from February 2002 to December 2004. The US economy lost its attractiveness after the September 11, 2001 terrorist attacks, due to which the stock markets declined, interest rates in the US fell to rates that not have been seen in the past 30 years, increase in US trade deficits and uncertainty about accounting practices. The war in Iraq contributed towards the depreciation of the USD (Mussa, 2005). On February 28, 2002 all national banknotes and coins in the Euro zone were withdrawn from use, this made Euro a store value and an exchange medium. This increased the challenge to the Dollar because in the long run, the Euro might be able to displace the USD and become the international reserve currency (Shams, 2005). Although the dollar was depreciating, its depreciation with the Euro was large when compared to other currencies. In 2004 the dollar dropped by 11% against the Euro while it dropped by only 5% against the Yen, this was because export-oriented Asian countries such as Japan were not prepared to allow their currencies to appreciate against the Dollar due to which European countries have to bear a disproportionate amount of the adjustment burden. This resulted in the dollars share in the foreign exchange market to fall from 94% in 1998 to 89% in 2004 (Carbaugh Hedrick, 2008). The Euro reached a height of 1.36$ in December 2004, caused by the purchasing power parity (PPP) of the euro zone which was 10% to 15% overvalued when compared to the USD. The GDP of the Euro zone was roughly three quarter of the US. All these factors prompted the Euro to become more attractive than the Dollar, which lead to a depreciation of the USD during this period (Mussa, 2005). The Dollar value remained more-or-less stable from the end of 2004 to the beginning of 2007, where the change in the value of dollar against the Euro was very minimal. The inflation rates in the Euro zone and the US was quite similar during this time period. The US current account deficit continued to increase despite the Dollar depreciation during the past few years, which implied the Dollar had to remain in the more-or-less same value against the Euro and depreciate further against the emerging Asian market, with a lesser extent to Japan to overcome this situation (Mussa, 2005). The movement of Dollar against the Euro has been very volatile from the beginning of the subprime crisis till date. Instability of the financial markets, interest rates cuts by the Federal Reserve (Galati Wooldridge, 2006), expansion in the US monetary policy which lead oversupply of dollars, all lead to a strong depreciation in the Dollar value during the second half of 2007 and the beginning of 2008. This also reduced capital investments in the US economy and lead to a deterioration in its store value. Also the euro zone started to grow faster and restore confidence. In 2002 the Euro was worth 86 cents, but by the end of March 2008, it was worth $1.54, the dollars value had dropped by 30% in 3 years (Carbaugh Hedrick, 2008). The crisis spread over the global economy during the second half of 2008.The Dollar was expected to drop rapidly when the Federal Reserve cut down interest rates between September to December 2008, but the reverse occurred and the Dollar appreciated drastically. This was because of the increase in net purchase of US treasuries, which are perceived as highly liquid and riskless compa red to US private securities. Even though the foreign demand for US assets was less during this period, the demand among Americans was high. Americans repatriated capital from abroad which lead to an increase in the demand of dollars when compared to its supply of dollars. The issue of international bonds in USDs for all countries fell by 40% compared to a global drop of international bonds by 15%, which lead to a drop in supply of dollar securities drastically when compared to the global supply of securities. The increase in the demand of the Dollar caused the Dollar to appreciate during this time period (Quere, 2009). The sudden drop in Dollar against the Euro during the last quarter of 2008, was due to the bankruptcy of Lehman Brothers and the government takeover of several other firms. The USD started with a positive note against the Euro in the beginning of 2009 when the US president Barack Obama stated his plans of stimulating economic growth by investing $775 billion over the next 2 years. However the currency movement largely depends on the economic data published by various central banks. This was also supported by the week data published in the Euro zone, such as the cut in interest rates, the drop in manufacturing sector Purchasing Managers Index and the rise in unemployment rates.[1](Currency Market Review) The optimistic view that the U.S Federal Reserve might increase interest rates in the near future and the rising debt levels in Greece which is expecting a helping hand from the ECB, have caused the USD appreciate against the Euro in the beginning of 2010[2]. (Forex Review) CONCLUSION The Dollar appreciated during the initial years after Euros introduction due to high interest and growth rates in the US which favoured high return investments in the US than the Euro zone. This was followed by a three year period where the USD depreciated to the 9/11 attacks and the war in Iraq. The Euro started to stabilize during this time period and its store in value increased. The Dollar began to be more stable after this period, till emergence of the subprime crisis. However, its progress was thwarted by the onset of the subprime crisis which sapped the value of the Dollar to 1.54$ per Euro, caused by interest rate cuts by the Federal Reserve, instability of the US financial markets, loose monetary policy and bankruptcies. After its shaky foray during the early years of the subprime crisis, the Dollar value is starting to regain against the Euro following the economic growth plans proposed by the US president Barack Obama and due to the high debt levels in Greece and an expe ctation of an increase in interest rates in future. However the Dollar value in the future remains to be highly unpredictable. Hong Kong should dismantle its fixed exchange rate peg with the US dollar. Instead it should peg its currency with the Chinese Renminbe (CNY) or allow its currency to float freely. Discuss. INTRODUCTION The Hong Kong Dollar (hereon HKD) is officially linked to the US dollar (hereon USD) at the rate of 7.8 HKDs to one USD. This fixed exchange rate peg with the USD which has been in existence since 17th October 1983, ensures the HKDs stability against major world currencies which is an advantage to Hong Kong. This stability plays an important role in maintaining the external trade in goods and services which is equivalent to around three times its gross domestic product (GDP). The linked exchange system is effective in Hong Kong because of its flexible and responsive economy, the strong and solvent banking system, prudent fiscal policy followed by the government and the large amount of foreign reserves possessed by the country to maintain the link. (Yam, 2005) The Hong Kong Financial Secretary has determined that, the structure of the monetary system shall be characterised by Currency Board Arrangements. As stated by Officer (1989, 1993), currency board is an invention in which t he activities of the market participants determine the exchange rate, instead of depending on the government to manipulate the exchange rate through foreign exchange controls or direct selling of foreign currencies by the central bank. According to Schwartz (1993) and Williamson (1995), A currency board issues cash with 100% foreign exchange reserves backing at a fixed exchange rate against a designated currency. Hong Kong used Silver dollars as legal tender till 1935, and then the HKD was fixed to the British pounds until 1972 and then it was fixed to the USD for the following two years. HKD was allowed to float freely during the time period 1974-1983 and it was re-pegged to the USD in 1983 again. This can be summarized in the following table. This report will discuss and analyse the implications if the Hong Kong Monetary authority decide to dismantle HKDs peg with the USD and re-peg to the Chinese Renminbi or allow it to float freely. The link adopted by Hong Kong has bee n functioning smoothly in the highly volatile market which consisted of the Hong Kong stock market crash in 1987, the 1990 Gulf War, the 1997/1998 Asian financial crisis and the current subprime crisis. The stability of the HKD to external shocks can be shown by the following diagram, Kennedy (2003), summarized that providing a nominal anchor to a monetary policy, encouraging trade and investment, precluding competitive depreciation and avoiding speculative bubbles as the four main advantages of maintaining a fixed exchange rate and he also stated that giving independence to monetary policy, allowing automatic adjustment to trade shocks, retaining seigniorage and lender- of- last- resort capability and avoiding speculative attacks as the four advantages of freely floating exchange rate. As stated by Kennedy (2003), under the linked exchange system followed by Hong Kong, fluctuation in the value USD can cause needless volatility in Honk Kongs international price competitiveness . This can be supported by Chan and Kwan (1998), who stated that the devaluation of the Taiwan Dollar in October, 1997 initiated a series of speculative attacks on the Hong Kong Dollar. Many politicians and economists argued that Hong Kong should give up its peg with the USD as it has already lost its international competitiveness after many years of inflation. Hong Kong also faced many problems in maintaining their peg to the USD, when the dollar appreciated against the Euro and the Yen between the time period 1995-2001.Hong Kongs foreign reserves as at October, 1998 amounted to US$ 8 billion, which was the worlds third largest (Rogoff, 1998) which made it very strong to withstand speculative attacks. At the same time Hong Kong is the only Asian country with a currency board that got through the 1990s successfully. As cited by Tsang (1998), a floating exchange rate regime will cause a considerable amount of instability and uncertainty in a small open economy as Hong Kong because it would not allow for much monetary autonomy. This can also be supported by Hausmann et all (2000) who stated that, the high level of internal flexibility of Hong Kong to absorb external shocks makes it more suitable for a hard peg than a floating exchange regime. As summarized by Rogoff (1998), Hong Kongs ability to support its currency relies on Chinas willingness to put stability on the HKD above all other foreign exchange reserves. As stated by Cheng et all (1999), one of the important goals of Hong Kong, is to become the national financial center of China. The massive capital inflows from China to Hong Kong does not depend only on Hong Kongs legal and financial systems but it is largely because of its peg with the USD which is an international currency. If Hong Kong decides to dismantle its peg and float its currency freely, Hong Kongs attractiveness as Chinas financial center might decline considerably. Suttle and Fernandez (2005) stated that, Hong Kong would have to f ace a big challenge if it dismantles its peg with the USD because it would have to develop an exiting strategy from the USD peg and it would have to develop a full monetary union with China. Therefore if Hong Kong dismantle its peg with the USD and floats it currency freely, it would have to pursue an independent monetary policy which will not have the same clarity and effectiveness as the Linked Exchange Rate System. Re-pegging the HKD with the CNY is one of the most popular theories and a lot of research and arguments have been done on this topic. As stated by Greenwood (2009), In the past it was silver, in the future it may become the Renminbi, but that depends on how quickly China moves to full convertibility. Hong Kong monetary authority has injected more than 25.8 billion USD into the financial system in 2009 to maintain its currency peg with the USD, as funds pour into the city from China, which is the worlds fastest growing economy.[3] As stated by Dean and Eslake (200 7), Hong Kongs economy and financial system is becoming increasingly linked with China, but right now there are too many restrictions in replacing the USD with the CNY because the CNY can be traded only by exporters and importers which means it is only convertible on the current account. Hong Kong would not be able to peg its currency with the CNY unless it becomes fully convertible both on current and capital accounts. This seems to be a long term proposition. If Hong Kong pegs its currency with CNY despite this problem, it would affect Hong Kongs position as a global financial centre. It may increase the risks faced by Hong Kong, where there could be rapid increase in interest rates and a banking sector crisis. The HKD CNY peg might be possible when the Renminbi becomes fully convertible but as Greenwood (2009) said I dont think thatll happen quickly. This is not possible in the near future; it is only feasible in the long run. CONCLUSION As summarized by Mussa et al (2000), no single exchange rate regime is suitable for all countries due to the different economic situations and the various roles played by them in the global financial markets. Considering the Hong Kongs global financial position, the massive capital flows from China, issues with the exit strategy from the Dollar peg, compatibility issues, and the CNYs convertibility, it can be concluded that dismantling the peg with the USD and letting the currency to float freely is not advisable while the re-peg with the Chinese Renminbe might be possible only in the long run. The 27 year Linked Exchange Rate system followed by Hong Kong which withstood many major external shocks remains to be the best option currently available for Hong Kong. Page 2 https://www.iamtn.org/content/currency-market-review-1 https://www.forexhelp.com/article/1450 www.bloomberg.com

Technology Has A Negative Influence On The Social Life Of...

Within our society, technology plays a critical role in our everyday lives. Its prevalence within our environment has ultimately resulted in the change of pedagogical practice. This new age of teaching has demonstrated that technology is in many ways, beneficial within the classroom environment. This paper will consider how technology can support the needs of children with special needs, making learning more relatable and effective. Furthermore, technology also has an influence upon the social and emotional wellbeing of children. Learning has become more accessible and may facilitate learning within students that traditional pedagogy may not reach. Nonetheless, despite technology bestowing certain benefits that adhere to the effectiveness†¦show more content†¦As outlined by Ciampa (2017), â€Å"technology is assistive insofar as it allows a student with disabilities to accomplish tasks that would otherwise be difficult or impossible† (p. 86). It is a tool that can emp ower and provide children the opportunity to explore an educational journey that they may not otherwise be able to. Therefore, it becomes clear that making learning more accessible and dynamic using technology is an important part of pedagogical practice, especially when supporting children with special needs. Supporting children’s social development is another advantage of using technology. Although it has always been argued that children’s development of social skills is hindered by technology since it reduces the opportunity of interacting with others (Armstrong Casement, 2000), technology does facilitate children’s social development through enhancing children’s interaction and collaboration with peers (Hsin, Li, Tsai, 2014). Children are not passive users of technology. When children are encouraged to complete game tasks on tablets or computers, they collaborate and share ideas with their peers to finish the tasks. Through collaboration and sharing with peers, children can become strong in their social and emotional wellbeing, which is the key to the sense of being, becoming, and belonging (Department of Education, Employment and Workplace Relations [DEEWR], 2009). Children can gradually become confidentShow MoreRelatedDoes Social Networking Have A Positi ve And Or Negative Affect On Individuals?942 Words   |  4 PagesDoes Social networking have a positive and or negative affect on individuals? According to Susan Greenfield, a neuroscientist at the Oxford University, social networking has many negative affects. She claims that â€Å" social networking is infantilizing the human mind, into a state of mind as of children. In my opinion, I agree with greenfield’s statement because many individuals are relying on their social media accounts for everyday use. However, social networking has greatly influenced the way individualsRead MoreThe Impact Of Technology On Human Health1479 Words   |  6 Pages INFLUENCE OF TECHNOLOGY IN HUMAN HEALTH Riddhi S. Patel California Baptist University Influence of Technology on Human Health Modern Technology The aspire to make life less demanding is all because of technology advancements. Because of Modern technology individuals way of life is ameliorating, helps incrementing relaxation time, help getting rid of neediness, and prompt a more prominent assortment of item. Assumption of enormous opportunities, a basic need of human life are given byRead MoreDigital Technology And Social Media Essay1707 Words   |  7 PagesMore recently than in years past, digital technology and social media have grown to become a part of our everyday lives. The recent rise in those who own smartphones allows this everyday use of digital technology and social networking to be easier than ever before. 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It was found that teenagers who use social media regularlyRead MoreWhat Has Caused the Increased Use of Digital Technology over the Last 2 Decades and What Effects Has This Had on How Communication Occurs?912 Words   |  4 PagesOver the last two decades, digital technology has become an essential part of people’s daily life and has caused an enormous influence on how the communication occurs. 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The downfall of social media sitesRead MoreAdvantages And Disadvantages Of Digital Media1096 Words   |  5 Pagesour cutting edge way of life. We wake up, we utilize technology; we utilize technology while cooking, eating, driving. While lying in bed before going to sleep, we utilize technology, technology gets us up in the morning. Digital technologies can make employments, persuade individuals to get dynamic, and help individuals in adapting, however this does not mean that perils are not evident with the utilization of technology. To characterize the genuine advantages and negative effects of advanced digital

Coca Colas Micro and Macro Environment. - 3314 Words

University of Wales(MBA , Semester 1)Managing MarketingDate : 28th Sep,2009Table of ContentsPart AIntroduction and explanation of Macro environment................................pg 3The Coca-Cola...................................................................................................... pg 5Introduction............................................................................................ pg 5Bottlers.................................................................................................. Pg 6Influence of macro environment on Coca-Cola.............................. Pg7Conclusion........................................................................................Pg8Part BMarketing†¦show more content†¦(whatmakesgoodleader.com , [accessed : 09 Sep , 2009])LegalThe macro legal environment identifies legal changes and restriction for products to launch and grow their profitability , for example in many areas of world some products are not liked and al lowed to sell due to societal or religious obligations , in many areas some particular products and trends are warm welcomes , an example of this is pork and wine which is not permitted to trade legally . Therefore major food chains as McDonald and KFC use other sources to serve their customer. Political and socialPolitical and social macro environment identifies societal motives and trends , for example , in modern day world people prefer organic foods and greener environment , social behaviours , values and norms , society attitude towards different issues as global warming , make of family structure etc . Politically these issues are legalised in different areas of the world. TechnologicalThis identifies changes in daily life technologic scenarios of societies as now online markets has taken place of high street , online transaction play an important part in daily trade of economy. (12manage.com [accessed : 09 Sep , 2009 ])naturalNatural forces are also an important players in this regard as it heavily matters , what kind of weather a particular group of people living in. You cannot sell fur coats in Kenya and most parts of warm weathered countries, especially inShow MoreRelatedGrade 11 End of Year Business Studies Exam Paper2077 Words   |  9 PagesSelect the correct answer and simply write the letter (A – D) in the block provided alongside each question. 1.1.1 Government budgets and allocations to the various sectors forms part of the ............... A. Fiscal Policy. B. Monetary Policy. C. Micro-lending. D. REPO rate. 1.1.2 Which of the following are the characteristics of the company Urban Brew Ltd: i. It’s name ends with proprietary limited ii. The liability of shareholders is limited iii. Meeting of shareholders are required iv. The publicRead MoreCoca Col A Brand Of Multinational American Company1928 Words   |  8 PagesExecutive summary Coca cola is a brand of multinational American company that produces beverages. 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Introduction. The Deepwater Horizon Was The Largest Marine

Introduction The Deepwater Horizon was the largest marine oil spill in the American history. It occurred in 2010, and was caused by an explosion that occurred on the Deepwater Horizon offshore southeast of the Mississippi River delta (Boyd, 2010, p.25). BP tried in all ways to curb this explosion or marine oil spill, but after some failed efforts to fix the leak, they thought they capped the well. However, they only managed to stop the flow of oil into the Deepwater Horizon after 86 days of failed efforts. The BP Oil Spill remained a topic of intense debate. Ideally, they talked about the rate of oil release rapidly. Apparently, their consensus was that approximately five million or more barrels of oil were spilled by the well, with an†¦show more content†¦It also makes the assumption that the market is fragile and if left alone will operate in an inefficient manner. The government or the politicians in this case act as regulators or neutral arbiters. In the public interest view, the pol iticians regulate the efficient flow of money in banks. Without this, the banking system would be in chaos since the politicians ameliorate market failures in the banking system. In the banking system, the interest of the public is to ensure that the banking system allocated resources in an efficient manner that is by maximizing output and minimizing costs. The role of the politicians in the interest theory is, therefore, to act as neutral arbiters and to ensure that markets operate in an efficient manner without failure. The politicians as regulators are motivated by their desire to make sure that the economy or market flows in an efficient manner (BP p.l.c., 2011). Politicians are the ones who keep things running in the country. For instance, in the banking system, if the economy is stagnating, the politicians regulate the banks by urging them to increase the amount of money in circulation. The banks in the event of increasing the sum of money in circulation do so by decreasing the lending interest rates and the deposit interest rates so that theirShow MoreRelatedBritish Petroleums Crisis Handling Practice1113 Words   |  5 PagesINTRODUCTION In 2010 British Petroleum’s Deepwater Horizon oilrig1 suffered a devastating explosion that resulted in the death of 11 workers and initiated the largest marine oil spill the world had or has ever seen (Pallardry). This spill also became the largest offshore environmental disaster in United States history (Elliot). Over 200 million gallons of crude oil were pumped into the Gulf of Mexico (Hoch), polluting over 16,000 coastal miles in the states of Alabama, Florida, Louisiana, MississippiRead MoreThe Deepwater Horizon Oil Spill1816 Words   |  8 PagesIntroduction The Deepwater Horizon oil spill (also referred to as the BP oil spill) occurred in the Gulf of Mexico in April of 2010. 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Case study hr after a disaster free essay sample

In a large organization employing is highly educated professionals is to conduct a needs assessment of the professionals. Directing a needs assessment is important, so that the management looking at the rewards and challenges of being a manager that can motivate the professionals effectively. In addition, educated professionals need to fulfil their self-actualization needs, needs for achievement and needs for affiliation. Organic structure can be adopted in managing the professionals. Organic structure can be adopted in managing the professionals at the same time. In a large organization that employees highly educated professionals, is giving more important for the organization to fulfil the self-actualization needs of the professionals. According to Maslow Hierarchy, self-actualization need is a person’s needs for growth, achieving one’s potential and self-actualization. Moreover, it is also a person’s need to become what he or she is capable is becoming. However the manager can provide training to the professionals to fulfil their actualization need. We will write a custom essay sample on Case study hr after a disaster or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page For example, the manager can provide training in communicate skills, computer systems application and programming, customer service as well. Besides that, managers can apply theory Y to motivate the highly educated professionals. Theory Y is the assumption that employees are creative, enjoy work, seek responsibility, and can exercise self-direction. And yet there several ways for a manager to motivate employee based on Theory Y. For example, managers can adopt participative decision making. Furthermore, Organic structure is the suitable use for more flexible structures with less clearly-defined chains of command. Effective companies usually try to use the best structure for their specific situation. In addition, there are six characteristics of organic structure which is cross-functional team, cross-hierarchical teams, free flow of information, and wide spans of control, decentralization and low formalization. Then, decentralization is more independence, freedom, increase flexibility, speed up decision making, get closer to customers, empower employees and reduce costs. As conclusion, the manager can provide training to the professionals to fulfil their actualization needs. As a nutshell, Organic structure is more suitable for motivating the highly educated professionals and is a highly adaptive form that is as loose and flexible as well too.

ABM will free essay sample

ABM will be able to take control of the market compared to our competitors and stay on top. Some of the ways we will embark on such will include the followings; Quick response: ABM will provide same day and after hours service. Turn around will be 24 hours. A flat rate policy: This undermines the competition, who charges by the hour. The pricing has been set to reflect the average amount of time it takes to perform the task. With this strategy we can undercut most competitors and gain local market power. On-site and pick-up/drop-off services: This will minimize the time nd effort a customer needs to put into dealing with his computer problem. Surprisingly, our small size Is an advantage: customers will recognize us (and future employees), and will know they will get the same great service every time they call. 4. 1 Implementation Because we are the one-stop solutions center for your entire computer needs. We will write a custom essay sample on ABM will or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Not only can we support your software and hardware, but Computer Repair Center can repair your computers, networks. hardware, software, data back up, and much more. Well streamline your technology investment, cut costs, increase up time and productivity and positively affect your bottom line by lowering your total cost of ownership. If youre Interested In cutting costs and getting the service you deserve then Computer Repair Center is the logical choice. ABM Computer will be source for complete computer, iphones and Tablet repair. Whether your hard drive needs to be replaced or your power supply has failed, ABM computer can do It all. With service available In shop and at your home or business, ABM Computer has the tools to get the Job done right. And with our quick turn- round, you wont have to wait weeks to get your computer back. Offering services for both computers and mobile devices, ABM will be your one-stop shop. If your iPhone needs the screen replaced or has a failed hard drive. ABM computer repair will be dedicated to providing Chicago Rogers Park neighborhood great and sound advice, professional computer repair, network installations, upgrade, backup, optimization services and quality training when you need it at a reasonable price. This company Is built on the concept at assuring that computer owners and potential computer winers deserve to have a partner that they can trust. Our years of experience in business, educational and home technology will create efficient solutions for you to achieve an effective and rewarding computing experience. All services and training are custom tailored toyer individual needs and goals and if you are not 100% satisfied, well make It right guaranteed! 4. 2 Marketing Organization The organization will include three personnel, Abraham will be in charge of Management, Bright will be In charge of the technical and Margaret will be In charge of sales and finance. Contingency Planning We intend to watch our results very carefully. We may need to concentrate less on certain products and services than others, if we intend to get the margin up or clients major IT companies by focusing more on our prime services. Another possibility is the introduction of a company or several companies in our niche.