International aspects of business law Essay Example | Topics and Well Written Essays - 2500 words

International aspects of business law - Essay Example There are three categories of corruption cases, which can be political, personal or commercial in nature, but the basic difference lies in the office, authority and position, which are neglected, and intent of manipulations. Further there is political corruption, which may include bribery, use of governmental offices for private enrichment and changing of how decisions are made by public bodies (Heidenheimer, Johnston and Le Vine 1989). On the other hand, bribery is an act of corruption that entails obtaining money or any form of monetary gain, or the making of payments illegally through abuse of public or commercial office and funds. This payment does not necessarily involve the exchange of money, but can also be through gifts, special favours or influence and despite the form it takes, corruption is always a transaction that goes in two ways involving two parties that is the briber and the one who receives the bribe. In relation to the case study Mullet Inc. though incorporated in US intends to secure a contract to supply computers to Central Bank of Acacia, however it is faced with the challenge of contravening international business laws on corruption and bribery by giving the board of directors a celebratory dinner for it to secure the contract. The payment of this dinner is a form of bribery to the board members by the negotiating team for them to accept to continue and finalize the business contract. This paper will seek to advise the Mullet Inc. negotiating team of their legal liabilities by giving in to the Chairman of the Acacia bank demands under US FCPA in comparison to the UK Bribery Act. The U.S. Foreign Corrupt Practices Act This Act of 1977 outlaws American corporations from making any payment deemed as bribery or inducements to overseas representatives with the intent of winning or keeping business (U.S. Department of Commerce 2004). This statute was enacted to put a stop to the act of bribing officials from foreign countries as well as restori ng the confidence of the American investor in the integrity of the American business system and, has been amended twice in 1988 and in 1998 with the changing dynamics in businesses (Rutchfield and Lacey 2000). The U.K. Bribery Act 2010 Studies by independent audit firms such as Ernst & Young and Confronting Corruption show that firms and businesses in the United Kingdom have been making tremendous losses due to corruption and bribery. These are termed as barriers to growth and trade and overseas corruption makes it even harder and expensive do businesses abroad. The United Kingdom government has therefore strengthened its laws by enacting the Bribery Act 2010 that came into operation on July 1, 2011 creating a number of offences relating to corruption in international businesses. This law outlawed the bribing of a foreign official, giving, or promising an advantage when dealing with international business transactions (De Jonge 2011, p. 136). The U.K. Bribery Act 2010 also created a n offence of acceptance, demanding, or assenting to receive an advantage or benefit or failing to stop a bribe from being paid on behalf of a firm or a company. Case Study Analysis of the Celebratory Dinner Request under UK Bribery Act and FCPA Public/private sector The FCPA prohibits giving of bribery only to foreign public officials; on the other

Assignment 3 Essay Example | Topics and Well Written Essays - 500 words - 5

Assignment 3 - Essay Example More so, if gays are allowed to marry, it will pile pressure to those who have not married to marry. It is observable that if gays and lesbians are allowed to marry, they will be fully integrated into normal society because relationship will engulf our thoughts and view this marriage as normal and eventually confining both the straights and gays in society. In addition, there is a greater fluidity in the relationship of gays and lesbian than straights because gays are more likely than straights to stay friends with old lovers and are less likely to become compartmentalized into isolated couples (Isaacson 302). Specialized references, books, encyclopedias, and regular book collections provide information that the reader trusts. Due to this, they offer data that is relevant and typical from personal experiences. For example, we in the gay community should not downplay the real benefits that legalizing gay marriage will bring. We are denied legal rights of marriage that the straights enjoys (Isaacson 92) Those who argue for the need to legalize gay marriage should provide relevant evidence. For instance, they argue that gays should fight for other important issues such as denial of their legal marriage rights and marginalization rather than fighting for legalization of gay marriage. This is because, some people will think that gay marriage has no biological benefits thus it should not be legalized. However, when they fight for their legal rights, it will be sensible to most people who will feel that they need to be offered a chance to medical treatment, tax benefits, and other legal rights that the straights enjoy (Isaacson 301). Internet search engine will provide up to date information on the issue of legalizing gay marriage. It is likely to be persuasive to the audience because of the credibility of the information provided. For instance, on such issue, the United States data bureau will give numbers of those people who are gays

Construction Industry Research Paper Example | Topics and Well Written Essays - 1750 words

Construction Industry - Research Paper Example It provides employment to most of the people as its growth is often projected to increase by more than a million between the year 2002 and 2012 (Fenn 22). This improves the economy of the country as most of the people are trained in the construction industry reducing the unemployment rate in the economy of the United States. The Construction Industry is the core of all the construction locally and also internationally. Most of the structures being designed are always done by the construction company. Its effect is felt as most of the facilities are able to be constructed leading to an economy grow. An economy of a country is determined by the standing Infrastructure which is modernized. It also shows the people’s creativity and intellectual ability as it requires not the only the mind but also the skills in making it work.It is used as a tool by the government in managing the level of the economy. When there is a recession and the rate of unemployment is seen to be high the go vernment increases the public expenditure by the use of the construction industry (Fenn 29). This completely shows its contribution to the American economy as most of the people are believed to be in this sector. The construction industry related with other economic sectors using the backward-forward linkage the forward showing its relationship of total output to inter-industry sales while the backward linkages. This is used in showing the relationship between total output and the industry purchase.... It is used as a tool by the government in managing the level of the economy. When there is recession and the rate of unemployment is seen to be high the government increases the public expenditure by the use of the construction industry (Fenn 29). This completely shows its contribution in the American economy as most of the people are believed to be in this sector. The construction industry related with other economic sectors using the backward forward linkage the forward showing its relationship of total output to inter-industry sales while the backward linkages. This is used in showing the relationship between total output and the industry purchase. Gross fixed capital is the expenditure on fixed assets including buildings and machinery among others in either replacing or adding stock of the fixed assets. This is related to investment as fixed assets are used in the production process. It is important public policy tool as it is used in creating employment and also increases the de velopment in the U.S. This is through the central bank through which people invest in infrastructure leading to money injection in the economy. This industry contributes to a third of total investment in fixed assets in the economy. It has also led to the construction of new and better buildings like the hospital facilities, educational centre like schools. There has also been the construction of better recreational centers which are able to increase the number of people that can be accommodated in the building and also a concrete structure which can last for a longer period of time. Domestic Data in the Construction Industry Number Employed The number of personnel employed in this industry is rapid as it has a high employment

Project Management applied to House Renovation Assignment

Project Management applied to House Renovation - Assignment Example This method is beneficial and purposeful when the subject is too complex to unravel which demands a web of discussion to correlate theories of engineering, architecture, economics, and performance management of its workers (Shuttleworth, 2008). As a case study, the discussion hopes to generate careful thought and accurate explication that would be helpful in the realization of the project (Shuttleworth, 2008). Limitations The researcher is limited to discuss only about house renovations and the significance of performance management in executing the project plan. The limitations is centered solely about the challenges of an organization in defining, measuring and motivating workers’ performance to make the work cost-efficient and effective (Hartog, Boselie, & Paauwe, 2004) following the organizational strategies in human resource management and of quality control standards (Hartog, et al., 2004). It will therefore consider all models that are considerate of key workers’ roles, functions, communication expertise, skills, perceptions— all of which are subject to managerial capacity and other related causality (Hartog, et al., 2004) of renovation and construction. The researcher is likewise limited by international standard of professional ethics in the conduct of research. Related Literature House renovation is an economic activity because this will involve the use of human and capital resources, thus, considerate on household income that will guarantee the full completion of the project (Plaut, et al., 2010; p. 462). It is also dependent on decisions made by the family—as the latter make some rational choice on engineering design and on renovation model it seeks to effect, as well as, the structure they wish to change. This is... This essay discusses house renovation as an economic activity because this will involve the use of human and capital resources, thus, considerate on household income that will guarantee the full completion of the project. It is also dependent on decisions made by the family—as the latter make some rational choice on engineering design and on renovation model it seeks to effect, as well as, the structure they wish to change. This is therefore inclusive of logistics analysis and the theoretical precepts governing decision-making relating to renovation because persons involved must be sensitized on the present value of property, the variables of demolition and reconstruction, and, the cost of the construction materials that will be utilized in renovation. These variables cover (a) personal and household variables; (b) housing variables, and (c) geographic variables. The first variables are inclusive of data and information of household’s demographic profiles such as the nu mber of residents of a specific home, their gender, status, nationality, and their economic status. The latter is significant to determine the credit quality of the household and in determining their level of accountability when such renovation falls within the market cycle when mortgage is of high interest rate. The second variable cover matters about the value of the house sought to be renovated with it’s anent tax, mortgage rate and its physical condition.

Communism in North Korea Compared with Russia Essay

Communism in North Korea Compared with Russia - Essay Example It seems that for many practical purposes, the evolution of the socialist state in Russia made the Russian Socialist or Communist State assume the characteristics of a capitalist or free market or competitive market state. It is highly that capitalism the competitive market system was restored in Russia. III. The Communism of North Korea North Korea describes her communism as founded on the so-called â€Å"immortal Juche Idea† developed by Kim Il Sung. Kim Il Sung started developing the Juche idea during the North Korean struggle against Japanese invasion in World War II (â€Å"Constitution of the People’s Democratic Republic of Korea of 1998,† 3rd paragraph, Preface). The Juche Idea is the ideological foundation of North Korean communism and socialist ideals. North Korean communists consider that it is their task to remodel Korean society along the ideals of the Juche Idea founded by Kim Il Sung (Korean Friendship Association 1). In the view of North Korean comm unists, â€Å"only when one is firmly armed with the Juche Idea and advances under its banner, would it be possible to emerge victorious in revolution and construction, surmounting all difficulties and trials† (Korean Friendship Association 2). From the perspective or propaganda of North Korean communism among themselves, the Juche Idea is the conviction that the North Korean people has â€Å"acquired through the history of revolutionary struggle spanning over half a century† (Korean Friendship Association 2). Like other communist parties and movements, the Juche Idea adheres to Marxism-Leninism (Korean Friendship Association 2). In particular, the Juche Idea adheres to a typical communist notion that â€Å"Lenin developed Marxism and... Based on this research, socialism is a first stage of communism. In socialism, the rule is to each according to his work while in communism or the rule is â€Å"to each according to his needs, from each according to his ability.† Through the years, however, socialist regimes were confronted with various challenges to modify policies. The main differences between North Korean and Russian Communism are as follows. First, North Korean Communism has explicitly considered itself independent from the Marxist-Leninist ideology through the Juche idea while it is not clear whether Russian Communism has continued to adopt the Marxist-Leninist concepts of a state, socialist society, and communist ideology. Second, the North Korean economy appears to be closer to the traditional notion of a socialist state compared to Russia. Third, private enterprise and private property appears to be more restricted in North Korea compared to Russia. Fourth, North Korean communist ideology uses the Juch e rather than Marxism-Leninism. North Korean Juche is basically socialist/communist ideology but with this twist: North Korean communist ideology has more rhetoric on humanism, independence, and humanity as the center of the Juche ideology. Fourth, North Korean communism or socialism appears to be more restrictive against private property while it does not seem to be case for Russian communism or socialist. Finally or fifth, unlike other communists, North Korean communism focuses on a claim to socialism that is more humanity centered. Unfortunately, however, it is currently the socialist or communist country with the greatest nuclear ambitions.

Mktg 3000 Essay Example | Topics and Well Written Essays - 500 words

Mktg 3000 - Essay Example This characteristic is extremely attractive because advertisers can target customers when they are driving near their store location. A lot of consumers in America are impulsive buyers and receiving ads into their cellular has personalized psychological effects that can push a sale. This technique of mobile advertisement is referred to as location based advertisement. It is currently commonly used in Japan and Europe. Mobile advertising has had a greater impact in Asia than in the United States. There are companies that are capitalizing on this new niche marketing method to attract new mobile customers. NearbyNow and GPShopper are both offering text messages services that allow the mobile user to search the shoppers of stores for prices and inventory (Plunkett Research). The speed of G3 and G4 networks has increased the capacity of cellular phones to connect to be able to surf the internet at very fast speeds. Smart phones also have the ability to generate tremendous graphics. New sm artphones with windows technology are so advanced that the phone can play Xbox games. The graphics capabilities of the phones can be used by marketers to generate very attractive advertisers. One of the advantages of mobile advertising is that marketing campaigns can be created based on the profile of the mobile users.

Racial Diversity Essay Example | Topics and Well Written Essays - 750 words

Racial Diversity - Essay Example Furthermore, Farley (2005) argues that Dave Chappelle deals with racial divisions by confronting his audience with it in a comedic way. Consequently, his audience laughs at the use of racial stereotypes in his jokes, but the issue of racial divisions is talked about and not ignored. The thesis of this paper is that the use of racial stereotypes in comedy shows, such as â€Å"The Chapelle Show† helps to overcome them. It might seem as if the use of stereotypes actually perpetuates them, because stereotypes are repeated on a regular basis. However, it is important to note that although stereotypes are repeated in certain comedy shows, it is not necessarily negative, because it helps us to deal with the issue and thereby overcoming racial tensions. Racial stereotypes are used frequently by various comedy shows, such as the â€Å"Chappelle Show†, however, the use of them in a comedy setting helps us, as a society, to approach the issue. For instance, from an educational point of view, the fact that the topic has been dealt with in school, supports that thesis. On the one hand, we are repeating stereotypes by talking about them, but on the other hand, we are dealing with the topic of racial division, which will help us to overcome them in the long run. Dave Chappelle’s show was wildly known for the use of the â€Å"N† word, which is a term that is not politically correct. By using stereotypes and a certain vocabulary which is often not socially accepted, the audience is confronted with a topic that many people prefer to ignore: racial issue in America. The show became very popular and as a consequence, many people were confronted with the issue and dealt with stereotypes and racial divisions. Moreover, the media picked up the controversial topic as well and dealt with the implications. It is probably fair to say that â€Å"Chappelle’s Show† took away the â€Å"scariness† of the topic, which made it more