Sunday, May 24, 2020

Essay on The Backbone of the US Legal System The...

The Backbone of the US Legal System: The Constitution The Constitution is the founding document for the United States government and is the highest law of the country. The U.S Constitution is the backbone of the legal system which defines the structure of government, guarantees the rights to its citizens and provides the basis on which all American laws are made. No other national laws may disagree with any of the Constitutions ideology and the federal courts have jurisdiction to interpret the Constitution and evaluate the constitutionality of federal and state laws. Three of the most important features of the U.S. legal system that one should know are: federalism; judicial review; and the administrative agencies. The first important†¦show more content†¦E-Verify is an essential tool for employers committed to maintaining a legal workforce, and the number of registered employers is growing by over 1,200 per week.† (http://www.dhs.gov/files) The United States Constitution and legal system affect the authority and function of businesses. In the United States, businesses and individuals are subject to fines and/or jail time for violating workforce laws. When businesses take an active role in enabling employees to violate laws they are subject to fines and being shutdown. For example, businesses have a responsibility to assure that all employees have a legal work status. In some cases, undocumented employees have been able to acquire employment either through falsifying documents or by passive recruiting personnel that disregard the employment laws for their selfish benefit. Swift Meats, one of the nation’s largest meat packers of beef and pork, has recently seen the effects of what breaking the law can do to a business, when they were raided by ICE, resulting in the arrest of 1297 employees and 28 members of management identified of willfully violating workforce employment laws. â€Å"Tuesdays criminal arrests came in addition to 1,297 administrative arrests of illegal aliens for immigration violations† (http://www.ice.gov/pi/ news/newsreleases/SWIFT) The DHS is trying toShow MoreRelatedU.s. Constitution And American Public Policy895 Words   |  4 Pagesaspects of life, but most of which are violated or misused by court officials or government officials. Many years ago, people decided they would find a way to govern America. They formed the U.S. Constitution, a form of government like no other by the people, of the people, and for the people. With The Constitution in effect, laws had to be made. American Public Policy explains how American Law in American Courts worked and why those laws were implemented. Americans have their constitutional rights’ whichRead MoreConstitutional Conventions Of The United Kingdom1711 Words   |  7 Pagesconventions act like the procedural agreements that make people think of them as the morality of the constitution of the United Kingdom. Practice, habits and customs normally act as the regulator of conduct and they are attributed to the constitutional conventions. Typically, they are expected to be flexible and adapt faster to societal changes and hence are regarded as constitutional, moral backbone (Galligan Brenton, 2015). It is however important to note that these constitutional conventions neverRead MorePersuasive Essay On The 5th Amendment1174 Words   |  5 PagesThe US Constitution established America’s national government, fundamental laws, and guaranteed certain basic rights for its citizens. The framers of the Constitution ensured that the government would be just, and protect its citizens from internal discord. The Bill of Rights is the first 10 amendments in The Constitution and are to be our most basic of rights. The 5th amendment states â€Å"life, liberty, and property without due process of the law†. The 5th Amendment protects people from being heldRead MoreCivil Liberties And Civil R ights1500 Words   |  6 Pagesformally introduced the concept of civil liberties into the backbone of our new nation in 1776 with the signing of The Declaration of Independence. 1 Civil liberties are broadly defined by the Declaration in the statement, We hold these truths to be self-evident, that all men are created equal; 2 that they are endowed by their Creator with certain unalienable rights; 1 that among these, are life, liberty, and the pursuit of happiness (US, 1776). While civil liberties are believed to be the rightRead MorePublic Health1526 Words   |  7 Pageshealth functions provided by public health law define the important role that the public health system plays, at the local, state, and national levels, in maintaining the health and safety of citizens (Minnesota Department of Health, 2012). These functions represent the spectrum of activities and responsibilities that are shared among public health system partners (Key Elements of Wisconsin’s Public Health System, 2012). Public Health Core Function Principally Addressed In the article, Public HealthRead MoreEssay about I Am An American1673 Words   |  7 Pagescaused by the Dred Scott case. Dred Scott vs. Sanford was a case where the U.S. Supreme Court said that African Americans that were imported to the United States and held as slaves could never be U.S. citizens because they were not protected by the constitution. In Section 1 of the 14th amendment it states â€Å"All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the State wherein they reside. No State shall make or enforceRead MoreAdvantages and Disadvantages of Individual Rights1925 Words   |  8 Pagesimportant part of the justice system. Without individual rights things would be chaotic therefore, public order is brought into the system so that everyone’s individual rights are in place for each individual to use as a backbone for guidelines of what is acceptable and what is not. Although, there are disadvantages and advantages of both individual rights and public order they are still very essential to maintain order. Individual rights are distinct from civil or legal rights as these are rightsRead MoreAdministrative Law is the by-product of constitutional law5683 Words   |  23 Pagesstates administrative law, as â€Å"the law relating to the administration. It determines the organization, powers and duties of administrative authorities. † Dicey states that administrative law is as follows: That portion of nation’s legal system that defines the legal status and liabilities of all state officials, It defines the right and liabilities of private individuals in their dealings with public officials. It specifies the procedure by which those rights and liabilities are enforcedRead MoreEvery Day People In The World Deal With Racism And Discrimination,1608 Words   |  7 PagesStates should present themselves. According to Merriam-Webster, the definition of discrimination is the act of making or perceiving a difference. Immigration to the United States can be very hard due to people who enter a country lack of access to legal documents and the expensive nature of entering into a country. The United States has, in the past, been a major target destination for people looking for work and continues to be so today. Worldwide, all the workers in a company or country have becomeRead MoreThe U.S. Border Patrol1104 Words   |  4 Pagesmission remains unchanged: to detect and prevent the illegal entry of aliens into the United States† (Border Patrol Overview, web). With the help of other law enforcement officers, the Border Patrol helps maintain borders, by facilitating the flow of legal immigration while preventing the illegal trafficking of people. You think your job is tough, â€Å"The Border Patrol is specifically responsible for patrolling nearly 6,000 miles of Mexican and Canadian international land borders and over 2,000 miles of

Monday, May 18, 2020

Diversity and Multiculturalism in the Workforce in a Global Company Free Essay Example, 2750 words

In the event of an acquisition, the acquiring organization gains both physical and intangible assets of the acquired company. In addition to the facilities and reputation, an organization absorbs the manpower and the knowledge base that came with it. Technologies, operational information, data, products, patents, innovations, and so forth these are transferred upon acquisition. For example, when Google bought Motorola Mobility, it acquired a host of patented technologies it was able to use for its own organizational objectives and activities (Google 2012). When Lenovo partnered with the Japanese firm NEC, the organization not only gained access to the Japanese market but also experienced technology transfer since the nature of the partnership required NEC to provide technology when Lenovo s contribution was the provision of financial capital (Lenovo 2011). This is an important aspect of internationalization. Another component in the rules of the game is how managers of the emergin g global or multinational company are able to attract and maintain a diverse workforce. This area is important because an international company requires the type of management that can deal with the diversity and multiculturalism of an international organization. We will write a custom essay sample on Diversity and Multiculturalism in the Workforce in a Global Company or any topic specifically for you Only $17.96 $11.86/page Furthermore, the acquisition or the partnership can offer the least disruption to the organization s global operation.

Wednesday, May 13, 2020

Prothesis in English grammar

Prothesis is a term used in phonetics and phonology to refer to the addition of a  syllable  or  a sound (usually a vowel) to the beginning of a word (for example, especial). Adjective: prothetic. Also called intrusion or  word-initial epenthesis.   Linguist David Crystal notes that the phenomenon of prothesis is common both in historical change  . . .  and in connected speech (A Dictionary of Linguistics and Phonetics, 1997).   The opposite of prothesis is aphesis  (or  aphaeresis  or procope)--that is, the  loss of a short unaccented vowel  (or syllable) at the beginning of a word.   The intrusion of an extra sound at the end of a word (for example, whilst) is called epithesis or  paragoge. The intrusion of a sound between two consonants in the middle of a word (for example, fillum for film) is called anaptyxis or, more generally, epenthesis. Examples and Observations And its a hard, and its a hard, its a hard, its a hard,And its a hard rains a-gonna fall.(Bob Dylan, A Hard Rains A-Gonna Fall. The Freewheelin Bob Dylan, 1962)My characters will hence forth go afishing, and they will read Afield Astream. Some of them, perhaps all of them, will be asexual.(E.B. White in a letter to a New Yorker editor who changed the word fresh to afresh in one of his essays)[A prothetic sound is a vowel etc.] that has developed historically at the beginning of a word. E.g. the e of establish is in origin a prothetic vowel in Old French establir, from Latin stabilire.(P.H. Matthews, Oxford Concise Dictionary of Linguistics, 2nd ed. Oxford University Press, 2007)Old fond eyes, beweep this cause again.(King Lear in The Tragedy of King Lear, by William Shakespeare)

Wednesday, May 6, 2020

Essay on Love, Hate and Cruelty in Wuthering Heights

Love, Hate and Cruelty in Wuthering Heights Wuthering Heights written by Emily Bronte, was a novel filled with many emotions and activity. Her characters represent an on going conflict between love and hate. Upon the publication of the book articles and reviews were written regarding Brontes novel. Following her death some of these were recovered such as the following written January 15 1848: In Wuthering Heights the reader is shocked, disgusted, almost sickened by details of cruelty, inhumanity and the most diabolical hate and vengeance, and anon come passages of powerful testimony to the supreme power of love- even over demons in the human form. The women in the book are of a strange†¦show more content†¦The cruelties of Hindley toward Heathcliff produces vengeance. Heathcliff feels the need to take revenge, and zeros in on Hareton Earnshaw son to Hindley. Heathcliffs evil influence is felt upon the boy who reflects the most insensitive traits. He turns the young Hareton into a brute for whom has no respect or love for his father or for his education. He raised his missile to hurl it: I commenced a soothing speech, but could not stay the hand-the stone struck my bonnet; and then ensued, from the stammering lips of the little fellow, a string of curses, which whether he comprehended them or not, were delivered with practiced emphasis, and distorted his baby features into a shocking expression of malignity. (109) Heathcliffs cruelties toward Haerton is felt throughout. He has become a reflection of the cruelty Heathcliff hides in himself, he has done to Haerton what Hindley did to him. In a strange sense Haerton clings to Heathcliff, and treats him as if he was a father. The supreme power of love is a central theme in the book. Bronte produces a love that is not so much romantic as it is powerful. Heathcliffs evil is projected upon everyone in the story except Catherine. Catherine had from the start of the story had a love for Heathcliff. I ran to the childrens room; their door was ajar, I sawShow MoreRelatedExternal Crisis Throughout Wuthering Heights1518 Words   |  7 PagesExternal Crisis Throughout Wuthering Heights. While reading Emily Bronte s classic Wuthering Heights you are taken on a journey of love and obsession, betrayal and revenge and a tragedy of wasted passion and lost potential. The book Wuthering Heights is told through the perspective of a written diary owned by a man, this man being Mr. Lockwood. In 1801, Mr. Lockwood rents the property Thrushcross Grange, a property owned by the mysterious Mr. Heathcliff of Wuthering Heights. Upon meeting MrRead MoreTheme Of Love In Wuthering Heights922 Words   |  4 PagesLove can take many forms. Sonnet 18, undoubtedly one of Shakespeare’s most famous works and believed to be one of the most famous love poems of all time, illustrates the timelessness and true beauty of love in a natural, pure way. In contrast, Emily Bronte’s Wuthering Heights takes a far darker, more intense yet somewhat sinister twist when exploring the themes of love, passion and cruelty. One of the greatest love stories in English literature, the love-hate passionate relationship between CathyRead MoreEmily Bronte s Wuthering Heights1693 Words   |  7 PagesThe Series of Unfortunate Events Emily Bronte, a highly esteemed and imaginative writer, is the mastermind behind the novel Wuthering Heights. When Bronte was very young, her mother passed away from a serious, untreatable sickness. After her death, Branwell, Bronte’s older brother, took care of the children (Pettingell). Her brother, a poet and painter, turned to an alcoholic and drug abuser was responsible for the children as they all grew up together. He was irrational and never treated EmilyRead MoreLove In Wuthering Heights Essay1261 Words   |  6 PagesThe story of Emily Brontà «s Wuthering Heights has been one of the most influential and powerful piece of literature ever written. After being published, it garnered a lot of interest because of the theme that was deemed misleading and critically unfit for society. The main theme of the book revolves around the evolution of love, passion and cruelty. During the first half of the book, Catherine showed different types of love for two different people. Her love for Heathcliff was her everythingRead MoreWuthering Heights by Emily Bronte1290 Words   |  5 Pagesdegree† (â€Å"revenge†) however to Heathcliff it meant more than just to avenge himself he wanted to have everything he felt he rightfully deserved and more. Social class and revenge, are primary themes in the novel Wuthering Heights. Social class plays a considerable part in the lives and loves of the charters in the novel. Revenge is key element in the book, this twisted theme creates the whole plot line. â€Å"Children develop a strong interest in the world around them by the age of three they are drawnRead MoreWuthering Heights ch 1-3 analysis1105 Words   |  5 Pages In Wuthering Heights by Emily Bronte, what first appears to be an overabundance of descriptions about a mansion in nineteenth century England easily turns into a myriad of sentiment, hatred, and love among the protagonists. The work can be classified as an unprecedented satire, using indirect actions of its characters to convey a forthright message regarding human misdeeds. The first few pages of the book presents two main characters, Mr. Heathcliff and Mr. Lockwood, where both serve an importantRead MoreEssay on Wuthering Heights Conflict Analysis994 Words   |  4 PagesIn Wuthering Heights by Emily Brontà «, revenge is one of the most prominent themes within the novel. This theme plays into a recurring literary theme of the war between passion and responsibility, seen specifically within Brontà «Ã¢â‚¬â„¢s ch aracter Heathcliff. In this case, Heathcliff’s passion is his overwhelming desire for revenge on the Earnshaw and Linton families in order to gain what he believes is rightfully his. With his mind solely focused on seeking vengeance on those who have hurt him, HeathcliffRead MoreLiterary Analysis Of Wuthering Heights1354 Words   |  6 Pagesnovel Wuthering Heights, Emily Brontà « uses a formal style of writing to portray the language of those used during the early 1800s. Throughout the majority of the novel, Nelly Dean is telling the story of how Wuthering Heights came to be the place that it currently is. Throughout Dean’s narration, characters are voiced differently due to their role in society. An example of this is shown when Brontà « would use fragments of words to represent the speech of Hareton, one of the servants of Wuthering HeightsRead MoreWuthering Heights by Emily Bronte885 Words   |  4 PagesIn â€Å"Wuthering Heights† Emily Bronte vividly present the main character, Heathcliff, as misanthropist after he suffers abuse, degradation, and loses his beloved Catherine. Heathcliff, a black, orphan gipsy child, is brought to live in upper-class society by Mr. Earnshaw’s generosity. Heathcliff is an outcast in his new society. Thus, Heathcliff’s temperament is depicted in â€Å"Wuthering Heights† as cruel, abusive, and vindictive against those who humiliated and not accepted him in society. HeathcliffRead More Emily Brontes Wuthering Heights1668 Words   |  7 Pages Emily Brontes Wuthering Heights Emily Jane Bronte, the author of Wuthering heights, was born on July 30, 1818. She was the fifth of six children of Patrick and Maria Bronte and the family moved to their house in Haworth(where Emily would remain for most of her life), with her family having a great influence on her life and work. During her life she encountered a great deal of death, firstly when her mother died of stomach cancer in September of 1821, leaving Emilys

Mittal Steel in 2006 Free Essays

Mittal Steal in 2006: Changing the Global Steel Game Industry Analysis Although steel was a highly demanded good, the industry as a whole was largely unprofitable. One reason for this was that the industry remained highly fragmented in contrast to their suppliers and even some of their buyers, who were considerably more consolidated. Aside from the increased competition that fragmentation contributed to, it also degraded the steal industry’s bargaining power to raw material suppliers and in some cases, such as the auto industry, the buyers. We will write a custom essay sample on Mittal Steel in 2006 or any similar topic only for you Order Now The resulting high fixed costs, volatile raw material prices, and intense price competition fueled unstable profitability. Adding to the fragmentation issues was a lack of differentiation in the market. For the longest time there were really only two production possibilities. One, being vertically integrated and producing higher-grade steel at a higher cost of operation, or two, de-verticalize and focus on low cost, low-grade steel production. Depending on the production selected, the resulting accessible customer base was limited. This lack of differentiation further fueled the limited bargaining power of steel manufacturers. As stated above, steel was highly demanded. The problem was that the growth of that demand remained quite stagnate for nearly 20 years. It wasn’t until the explosion of growth in the Chinese construction industry, attributing to 25% of total steel consumption, that the steel industry saw any profitability. In an industry where customers demand a low cost and a consistent product, being able to maintain a reliable supply while being as cost efficient as possible was key to a firms success. Though there was a spike in Chinese demand, only those strategically positioned could access the true value of the Chinese market. This was because the steel industry operated primarily on an intra-regional basis. Many factors attributed to this, but a firm’s dependence on raw material access, and trying to avoid high transportation and tariff costs, as well as delivery lags, were the primary reasons for high regional trade. In order to access the benefits of regional trade, firms had to expand their operations through high FDI in the form of MA’s. This gained them access to highly profitable regions and it allowed firms to spread their risk over a larger area, reducing the impact of demand fluctuations in one particular region. The reason many of these MA opportunities existed was because of a major shit from government owned steel plants to privatization. Through privatization, FDI opportunities became possible in many countries, thus make intra-regional trade more accessible and attractive. Consolidation Integration Recognizing that the dynamics of the market were changing, LNM was quick to take advantage. He was steadfast in his belief that they only way to create sustained success was through consolidation and integration. With increased privatization opportunities available, LNM began a series of MA’s that would gain him access to regions that were highly profitable, had lower labor costs, and would position him to have higher bargaining power with suppliers. LNM made the first moves in the industry toward consolidation, and was this strategic initiative that has since driven the evolution of the industry to where it is today. A major source of value creation was derived from their technological lead in DRI. LNM decided early on to focus their operations around â€Å"integrated minimills†, which was untraditional at the time. Through this structure he was able to capture the maximum value of his operation, using scrap in the minimills, then reverse integrating into DRI. Once unreliable, DRI technology had advanced so much that it’s output was now comparable to the quality of integrated steel plants. This technology stronghold provided them better quality steel at a cheaper cost of production, providing them with a huge competitive advantage. Additionally, It was this technology, aided by a proven SWAT team and protocol, which supported their ability to transform underperforming government owned plants to profitable ones in a short period. LMN’s initial approach was to resurrect distressed government owed plants then breath new life into them through technology sharing and smart practices. He soon sought larger targets that would provide him not only economies of scale, but also provide competitive advantages through geographic scope. Starting with Karmet, he began to shift his targeting toward plants that were either highly integrated, possessed significant mineral rights, or supplied a strategic geographic advantage. Through designing their activity architecture in this way, Mittal steel became the world’s largest and most integrated steelmaker; providing strong positions in North America, Europe, Asia, and Africa. The result of their strategic positioning, combined with their focus of coordination through KIP and KMP, made Mittal the first firm in the industry to operate as a transnational organization. Each plant provided its own uniqueness, providing different capabilities and skills that could be harnessed for the good of the whole organization. There was also a heavy flow of people, materials and finances between the interdependent plants, but at the center of it all was the Mittal Steel directing tight coordination and a shared strategic decision making process. On a regional level, they operated through regional hubs. This allows Mittal’s positioning of adjacent plants to source from the same suppliers, increasing their bargaining power and reliability of supply, while not jeopardizing cannibalism of sales as each plant’s customer base was unique to their location. Mittal’s vertical integration in mining and low cost position helps support profitability and helps to  reduce capital expenditure needs. They are the most diversified steel  company in the world in terms of asset  location and market presence. They also have a diverse product range, including both flat and long steel. As such, Mittal is not overly dependent on any single  region, product, or end market. These benefits are somewhat mitigated however by the risks associated with Mittal’s rapid expansion through acquisitions. These include such things as institutional risks associated with emerging markets and uncertainties regarding the integration of newly acquired assets, although Mittal’s  integration track record has been successful to date. Arcelor Acquisition In light of the above information, I believe that Mittal should pursue the Arcelor acquisition aggressively. Mittal Steel Arcelor complement each other in terms of geographical coverage and product mix, as there is no significant overlap. Mittal has strong positions in the U. S. market; low-cost operations in Central and  Eastern Europe, Asia and Africa; and vertical raw-material integration. Arcelor is the leader in higher value-added products with strongholds in Western Europe and Brazil, as well as a focus on Russia, India, and China. I believe that the positioning of Arcelor’s plants and resource capabilities would integrate nicely to Mittal’s activity architecture. There would be very minimal duplications of effort, and many of the regions that Arcelor operates are in prime locations to source raw materials. The addition will only strengthen Mittal’s integrated transnational value chain. Through acquisition, Mittal would produce nearly 110 million tonnes of steel per year, making them three times as large than their next competitor. Although this can lead to diseconomies of scale, in Mittal’s case, as the largest player in the steel industry both globally and in the key markets, the combined group would enjoy significant bargaining power. Additionally, through shared expertise, the combined entity would be in a better position to develop the high growth region of China and South East Asia. Arcelor’s alliance with Nippon and Mittal’s acquisition of Karmet and stake in Valin will provide access to critical Asian markets. Regardless of the â€Å"synergies† the acquisition will create, caution still needs to be exercised by Mittal. There are evident signs that the acquisition will not be welcomed by Arcelor, assuming that Mr. Dolle’s canceled meeting and unreturned phone call was an indication to his temperature on the proposal. If the acquisition turned hostile there is a good chance Mittal would have to overpay for Arcelor, which could have adverse affects to it investment ratings. At the current bid price Mittal would already have to leverage â‚ ¬5 billion and would be in debt by â‚ ¬11. 5 billion. Although they have a good track record of ROI and the industry as a whole has seen a spike in ROIC, they do not want to spend more than they have to. Despite the favorable history and perceived synergies, Mittal should pay at a maximum â‚ ¬27. 1 billion for the deal. They should obviously try to pay as close to the current bid as possible, but at â‚ ¬27. billion they are still in a position where they could access the capital needed given their successful history. Also, at the mark of â‚ ¬27. 1 billion their debt would raise to â‚ ¬20 billion, but with an EBITDA of over â‚ ¬5. 5 billion annually, not to mention the added revenues from the acquisition, the debt could be confidently paid off in a reasonable timeframe. If the bidding exceeds the mark of â‚ ¬27. 1 billion, the negotiations should be ceased and Mittal should pursue other opportunities to continue their global footprint expansion. How to cite Mittal Steel in 2006, Essay examples

Analyzing Risks Management of Risk Rating Scale

Question: Discuss about the Analyzing Risks Management of Risk Rating Scale. Answer: Part A Likelihood of risk according to risk rating scale (AE; extremely likely, likely, possible, unlikely to rare). Product malfunction causing injury to a consumer rare (E) Malfunction in the product is highly unlikely to happen but in exceptional circumstances it may occur Worker injured on-the-job from tripping on loose carpet square possible (C) Injury to worker while performing certain job might occur at some time due to carelessness while performing the task. Interest rate rise increases repayment costs on business borrowings possible (C) Increase in repayment cost due to increase in interest rate might occur. If due to market forces the interest rate is increased then, it will result in increase in cost at which the company repay its borrowings. One of your product component suppliers goes into receivership unlikely (D) The company knows well in advance about the credibility of its suppliers so receivership is not expected but due to unexpected crises it may occur. Staff fraud due to possible software loopholes/backdoors - unlikely (D) Frauds are not expected from the staff employees but due to some loopholes it may occur (Southern Cross University, 2015) b) Level of impact value (15; insignificant, minor, moderate, major to catastrophic) Product malfunction causing injury to a consumer -minor (2) It may cause minor injury which requires medical treatment. Also, it will be covered by local media coverage. Worker injured on-the-job from tripping on loose carpet square - minor (2) Minor injury will result in loss of some days of work. This will cause inconveniency and local media coverage. Interest rate rise increases the repayment costs on business borrowings moderate (3) Significant level of financial and corporate impact on the company One of your product component suppliers goes into receivership - moderate (3) It would cause significant impact on the corporate objectives of the company. Staff fraud due to possible software loopholes/backdoors - major (4) Due to staff fraud, major financial impact is caused and the business is interrupted as the critical system becomes unavailable for minimum one day. It will result in adverse and extended national media coverage. c) Overall risk priority for treatment (high, medium, low) Product malfunction causing injury to a consumer high Because customer is the essential part of the business and if the issue remains unsolved then, mouth publicity will affect the overall sales of the product. Worker injured on-the-job from tripping on loose carpet square high Proper treatment of worker must be the top priority as the injury would result in loss of some days of work and also loss of trust of workers. Interest rate rise increases repayment costs on business borrowings medium As interest rate is affected by market phenomenon, the company could do less towards solving this problem. One of your product component suppliers goes into receivership medium Supplier receivership matters cannot be solved immediately as it involves various parties. Staff fraud due to possible software loopholes/backdoors high Fraudulent activities must be taken into consideration on high priority basis as it involves financial loss to the company. Also, proper action must be taken to stop these activities to occur in future (Broadleaf, 2014). Part B Knowing now that GM suffered massive losses as a result of badly misjudging the mood of the US consumer and the impact of the global financial crisis, what basic rule of thumb for assessment of consequence should GM have applied in this case? Due to incorrect judgment of the mood and taste of the consumers in the United States, General Motors suffered a great loss. Even though there was demand of hybrid and fuel efficient vehicle, the company wrongly assessed the trends in the market and preferences of the customers. Financial crisis was also one of the important reasons of the shift in demand of consumers adding to the further lowering of demand(Sturgeon Biesebroeck, 2010). The basic rule of thumb that GM should have applied for assessing consequences is acquiring adequate and important information and data about the current needs of its customers. Risk management specialist must have knowledge about the current trends in the automobile sector and needs to know what actually a customer is demanding(Carmohn, 2010). Also, information about various releases in the market by the competitors must be collected and updated, so that customer reaction can be noted and further action can be taken according to the impact created by the other automobile release (Xu, 2005). With rising oil prices, falling confidence in the finance markets and raised environmental concerns among the general public, what likelihood and consequence would you assign to this situation, and what resultant overall risk priority would you generate? Due to rise in the prices of oil, the automobile industry is facing a competitive pressure in the market. Due to global financial crisis the confidence of people in the financial markets is falling(Rosenfeld, 2009). Also, now the customers demand for fuel efficient vehicles due to rising concern about environment. The government has also made various regulations related to environment safety and emission control (National Academies Press, 2016). The likelihood of occurring of this situation is unlikely. Because the event is not expected to occur but at the same time, there is a slight possibility of its occurrence sometimes. When we talk about the consequences, it has catastrophic impact on both financial and corporate objectives of the company. It demands for major steps on the part of management to deal with the situation. Business is interrupted to a great extent and international media coverage plays a major role in affecting the image of the company (Popov et al., 2016). High risk priority is generated for this situation as it calls for immediate actions and counter actions to be taken to save the company from the major impact of increase in oil prices and global financial crises. References Broadleaf, 2014. Setting priorities for risk treatment and assurance of controls. [Online] Available at: https://broadleaf.com.au/resource-material/setting-priorities-for-risk-treatment-and-assurance-of-controls/ [Accessed 13 September 2016]. Carmohn, S., 2010. An analysis and explanation of the failure of General Motors on the basis of the theoretical framework of path dependency in the field of Crisis Management. GRIN Verlag. National Academies Press, 2016. Impacts On The Automotive Industry. [Online] Available at: https://www.nap.edu/read/1806/chapter/7 [Accessed 13 september 2016]. Popov, G., Lyon, B.K. Hollcroft, B., 2016. Risk Assessment: A Practical Guide to Assessing Operational Risks. John Wiley Sons. Rosenfeld, H., 2009. The North American Auto Industry in Crisis. [Online] Available at: https://monthlyreview.org/2009/06/01/the-north-american-auto-industry-in-crisis/ [Accessed 13 september 2016]. Southern Cross University, 2015. Risk Likelihood and Consequence Descriptors. [Online] Available at: https://scu.edu.au/risk_management/index.php/4 [Accessed 13 September 2016]. Sturgeon, T. Biesebroeck, J.V., 2010. Effects of the crisis on the automotive industry in developing countries : a global value chain perspective. [Online] Available at: https://www.researchgate.net/publication/46443928_Effects_of_the_crisis_on_the_automotive_industry_in_developing_countries_a_global_value_chain_perspective [Accessed 13 September 2016]. Xu, J., 2005. Market Research Handbook: Measurement, Approach and Practice. New York: iUniverse.

Monday, May 4, 2020

Culture of Australia free essay sample

The question of identity is always a difficult one for those living in a culture or group, yet belonging to another. This difficulty frequently remains in the mind of most immigrants, especially the second generations who were born in a country other than their parents. Younger generations feel as if they are forced to change to fit the social standards despite previous culture or group. Furthermore those who wish to adopt a new identity of a group or culture havent yet been fully accepted by original members due to their former identity. Living with a different culture to our roots can lead to changes in our lives. Migrating to Australia has affected a lot of authors from Alice Pungs vignettes of Growing up Asian in Australia. Michelle Law displays her exclusion from the Australian culture by preparing exotic lunches with her mother, as well as her hairless Chinese body compared to the school girls. We will write a custom essay sample on Culture of Australia or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Being seen as a distinct outsider to the Australian culture can influence one to change their way of life to fit in and form friendships. Sunil an Indian schoolboy was faced with the choice of constantly being bullied over his differences or adapting to the community by altering his name to Neil. Changing for others an lose your place in your original identity and culture. After visiting Hong Kong, Michelle momentarily feels identical to her surroundings with her Chinese ethnicity. After mispronouncing words when ordering at a Cantonese Mc Donalds, Michelle comes to realise that she feels just as excluded in Hong Kong as she did in Australia. This sense of displacement caused by multiple cultures can question Michelles judgement, Am I more Asian or more Australian? The feeling of not fitting in can lead us to changes in our life to fit social standards despite our previous culture or way of life. Alice Pung addresses the idea of multiculturalism in her novel Unpolished Gem. Two of the themes in this novel where she portrays her culture are through personal identity and the impact of the past. A major influence on Alices identity was when she was a young child and her grandmother would tell her stories about events that occurred in Cambodia. In Alices teenage years, her beloved grandmother has a stroke, developed disabilities and eventually had passed away. It is around this time where serious psychological problems occur for Alice. This almost forces her into a mental state in which she knows she does not fit in with the Australian culture. She believed she had to do everything she could to change that otherwise Alice knew she would break down mentally. Alice was forced to attempt to fit the social standards of Australia. The actions of adopting a new identity by putting yourself into a different group can lead to not only the new group not fully accepting you but also your original group will see you as a totally different person. At the age of 13 I played basketball for the under 14s side. We were all very close and had formed great friendships throughout the season. The following season I was asked to play above my age group. Without thinking twice I accepted what I thought was a great opportunity. A few days pasted and it was the day of my first training session with the older group. Throughout the 2 hours of training I did not enjoy myself at all. No one would pass me the ball and it was as if they didnt want me there. To be honest I didnt want to be there neither. I decided to return to my own age group and play with my old friend. At the next training session with my original team I realized the same thing was happening, no one would pass me the ball or even acknowledge that I was on the court. It turns out I had changed as a person and found myself caught between the two teams. The moral of that experience was by trying to fit in with a new group I found that I had lost my original identity and forgot where I belong. There are a variety of scenarios that result in us trying to change. Whether it is a result of a different culture or even past experiences. People also feel as if they are forced upon change, and even if you find yourself with a new identity or culture, you may not be fully accepted by original members of that group or culture. The power of a group however is often the cause of losing our individual identity. In conclusion the question remains of whether Change of an identity is right or wrong?