JpMorgan Case Essay

We trust banks to hold our money and to help make use get more in investment and other ways. One of the most trusted banks is J.P. Morgan Chase they are easily one of the most well-known banks that exist. J.P. Morgan Chase on May 10, 2012 disclosed that they had lost more than $2 billion by trading financial derivatives. The administrative agencies like the Securities and Exchange Commission (SEC) or the Commodities Futures Trading Commission (CFTC) take action in order to be effective in preventing high-risk gambles in securities and banking, a foundation of the economy. We have to understand the elements of a valid contract, and discuss how consumers and banks each have a duty of good faith and fair dealing in the banking relationship. Having to compare and contrast the differences between intentional and negligent tort actions. I’ll discuss the tort action of â€Å"Interference with Contractual Relations and Participating in a Breach of Fiduciary duty† and, if the bank I’ve chosen were to behave as JP Morgan did, would I be able to prevail in such a tort action. Lastly let’s discuss how banks have protected the software that allows for online transaction to occur through automation.7 The U.S. Securities and Exchange Commission (SEC) is a federal agency. It holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation’s stock and options exchanges, and other electronic securities markets in the United States. The SEC is divided into four divisions; The Division of Corporation Finance; the Division of Trading and Markets; the Division of Investment Management; and The Division of Enforcement. All the branches within the SEC carry similar  goals in terms of protecting individuals and ensuring financial fairness, each has their own specialty for instance, the Division of Corporate Finance is tasked with the assurance that all imperative disclosure of which represent a corporation are easily accessible by the general public. In addition, the Division of Trading and Markets ensure fairness, order and efficiency in market activities. Much like the design of the SEC, the Commodity Futures Trading Commis sion (CFTC) is also inherently designed to ensure the public, its consumers, and investors are protected from coercion, manipulation, fraud, and/or any other forms of dishonest dealings between manufacturer and consumers/investors. The CFTC is noted to be an independent federal agency established by the Commodity Futures Trading Commission Act of 1974. Again, similar to the design of the SEC, the CFTC is comprised of five different committees, each of which are responsible for a different area of trade and marketing; for example, agriculture, global markets, energy and environmental markets and technology all of which are equally as responsible as the next for ensuring full cooperation and adherence to laws set forth by the SEC. Though banking is the most common method in which most people handle and maintain their finances, there are also equally as many that take their money to invest in stocks, bonds, and the like which do not carry a sound guarantee that they will make a profit or even keep their initial investment monies. Consequently, past dealings with investor types result in unfair and fraudulent losses and even erroneous gains such as the ones reported by JP Morgan Chase, the purpose of the SEC and CFTC alike become abundantly clear. With the utilization of these two particular securities, investors, consumers, and even marketers are able to rest easier knowing that there are serious legal, unfair and blatantly dishonest dealings within the marketplace. In an effort to maintain honest correspondence and dealings with the capital market, both of these require that all earnings and losses should be reported; at which point, there can be a recognition and determination of any imbalanced and deceitful dealings having taken place. The following are the essential elements of a valid contract. Offer and Acceptance. In order to create a valid contract, there must be a ‘lawful offer’ by one party and lawful acceptance of the same by the other party  Intention to Create Legal Relationship. In case, there is no such intention on the part of parties, there is no contract. Agreements of social or domestic nature do not contemplate legal relations. Lawful Consideration has been defined in various ways. The parties to an agreement must be competent the contract. If either of the parties does not have the capacity to contract, the contract is not valid. Free Consent’ means the parties must have agreed upon the same thing in the same sense. In the banking context, this means among other things that a bank could call a loan, refuse to fund, refuse to roll over a loan, set off accounts, etc., no matter how drastic the consequences might be to the borrower. As long as the banks accept them expressly wit hin the granted rights under the controlling loan documents. That may no longer be the case. With the advent of mobile banking, discuss how banks have protected the software that allows for online transaction to occur through automation. The first area, financial accounting, is used mainly for ascertaining the results of any such business on a periodic basis. This should as a result; help the company determine the future course of action, in the long term. From an economic perspective, financial accounting treats money as a factor of production. Management and cost accounting are apparatus used to help management make decisions on a day to day basis. Management and cost accounting aren’t useful simply for their own sake. These two functions help management conduct themselves along with other vital factors involved in the running of a business. Other key factors could be supply, demand, competitors, availability of raw materials, logistics etc. The second area is cost accounting, its primary purpose is to attain the value of direct and indirect costs involved in production. The value acquired, management can make an informed decision on improvement in production performance. From an economic perspective, cost accounting is the measurement of economic performance. This information gives management a clearer indication of the performance of the product resources in the business. Costing also helps the sales manage in setting the correct price. But, because costing is solely a measurement of economic performance, it can’t be considered as an accurate basis for setting prices. Selling prices is more of an economic decision it would not be wrong to mention that pricing is basically determined by market  factors. Prices are influenced mainly on demand, supply and competition, less on costs. High demand plus lack of competition would result in the business charging higher prices for its product, well above the costs. The third area is management accounting, which is related closely to cost accounting. It has evolved from cost accounting; management accounting plays a much broader role in management decisions. It measures the performance, economically, of the whole business, the economic environment that the business operates in. This area of accounting, seeks to combine both financial and cost information into a much broader function. Compare and contrast the differences between intentional and negligent tort actions. Intentional torts and negligence towards both give rise to civil actions. However, there are some important differences to understand about negligence versus intentional torts. Negligence torts do not require intent. To determine if someone should be found liable for a negligence tort, a reasonable person standard is used. If the defendant’s behavior is found to be less careful than behavior a reasonable person would exhibit, that defendant can be found liable for damages. Intentional torts require intent. The person who committed to tort must have intended to cause harm. The harm, however, did not need to be the specific type of harm that was caused to you. The other major difference between intentional and negligence torts, aside from the standard of proof, is that in many cases, a person who is found liable for an intentional tort can be required to pay punitive damages in addition to actua l damages. Discuss the tort action of â€Å"Interference with Contractual Relations and Participating in a Breach of Fiduciary duty† and, if the bank you’ve chosen were to behave as JP Morgan did, would you be able to prevail in such a tort action. The tort of interference with contractual relations and participating protects the right to enjoy the benefits of legally binding agreements. I have chosen a bank like JP Morgan and they did what he I would not took it very well. I invested money and knowing that JP losses that money I would wind up probably suing them. But providing a remedy when the defendant intentionally induces another person to breach a contract with the plaintiff. The defendant must know of the existence of the contract between the plaintiff and the other person, or there must be a sufficient fact that a reasonable person would be led to believe that such  contract existed. Interference with the contractual relations requires an unacceptable purpose. If good grounds are set and exist for the interference then the defendant is not liable. But as for J.P. Morgan there were no good rounds so the defendant is liable. So if I were to go to court over this I would not win and neither would J.P we would just be both out of the loss money that was invested. In conclusion when you invest money in a bank Think to you self is it a good idea or is it not a good idea. We all make investments just need to make sure it in the right bank that you can trust. J.P Morgan had a down fall and loss a ton of money but in the end they had to deal with the fines and the investors. When in drought don’t invest your money unless you really have to. References: Bagley / Savage 2013 Custom Edition http://money.cnn.com/2012/05/10/news/companies/jp-morgan-losses/index.htm http://www.thedailybeast.com/

Special Occasion Speech

Before beginning, I'd like to offer my sincerest gratitude to ChMlotte and Justin for allowing me 10 be pan oflhls special occasion. Aho, I wouJd like to say thank you 10 Charlotte' 1 parenU for . 11 that you've done to make this ! he special day tha! il is. And, of course. my gntefuln~ to Justin' s parentS for all oryour suppon and all that you've done to make this, by all accounts, the perfect day. I love 1 wedding – especially when it happens to such great people. From the moment [ saw you two together, Charlotte, I knew this would happen. Charlotte has been. great rriend in. w many ways. We've come to know one another so wen, that we have an undemanding that goes beyond wOf'ds. We don't judge. and we don't have 10 explain. So. when Clwiotte found her soul-mate, she didn't really have 10 say much to make it clear to me that Justin was the one and only for her. The love in her beart and the joy in ber spirit were obvious from the beginning. I've seen that same Jove and happiness in JUSlin. Charlotte and Justin, I am elCtremely happy for both of you. You truly complement one another. You rod u friends and it evolved into a love that so many people r1U'eIy find today. Love after a1~ doesn't make the world go around †¦ Love is what makes the ride wonhwhile. And it's a wonderful thing when two people who were made for each othefmanage to frnd each other and ! all io love. So, I'd like to make a toast. And I'd like to make it with this thought in mind: If there is such a thing as a good marriage, then it cqmes from unconditional and enduring love that grows from commitment and friendship. So this is to you, Justin and Charlotte, your love Bnd friendship have always been special and your future as busband and wife promises to be bright. Here's to a wonderful, enchanted life together rich with love and happiness . Special Occasion Speech Before beginning, I'd like to offer my sincerest gratitude to ChMlotte and Justin for allowing me 10 be pan oflhls special occasion. Aho, I wouJd like to say thank you 10 Charlotte' 1 parenU for . 11 that you've done to make this ! he special day tha! il is. And, of course. my gntefuln~ to Justin' s parentS for all oryour suppon and all that you've done to make this, by all accounts, the perfect day. I love 1 wedding – especially when it happens to such great people. From the moment [ saw you two together, Charlotte, I knew this would happen. Charlotte has been. great rriend in. w many ways. We've come to know one another so wen, that we have an undemanding that goes beyond wOf'ds. We don't judge. and we don't have 10 explain. So. when Clwiotte found her soul-mate, she didn't really have 10 say much to make it clear to me that Justin was the one and only for her. The love in her beart and the joy in ber spirit were obvious from the beginning. I've seen that same Jove and happiness in JUSlin. Charlotte and Justin, I am elCtremely happy for both of you. You truly complement one another. You rod u friends and it evolved into a love that so many people r1U'eIy find today. Love after a1~ doesn't make the world go around †¦ Love is what makes the ride wonhwhile. And it's a wonderful thing when two people who were made for each othefmanage to frnd each other and ! all io love. So, I'd like to make a toast. And I'd like to make it with this thought in mind: If there is such a thing as a good marriage, then it cqmes from unconditional and enduring love that grows from commitment and friendship. So this is to you, Justin and Charlotte, your love Bnd friendship have always been special and your future as busband and wife promises to be bright. Here's to a wonderful, enchanted life together rich with love and happiness .

Technology and knowledge Assignment Example | Topics and Well Written Essays - 1250 words

Technology and knowledge - Assignment Example The organization tracks various sectors starting from ‘aerospace and defense’, ‘chemicals, materials and food’, ‘consumer products’, ‘electronics’, ‘environment and energy’, ‘health care’ , ‘Information and Communication Technologies’, ‘Industrial automation’, and ‘transportation’. (Frost and Sullivan Research Archive, n.d.). The organization currently possesses more than 1800 industry consultants, market research analysts, technology analysts and economists. The organization has been such uniquely designed that it helps to integrate ‘training’, ‘research’, and ‘strategic growth consulting skills’ with the players in the industry. The knowledge base mainly comprises of the researchers. The research analysts are supervised by the industry analysts and hence by the directors. There are ten client business units and each unit has its own director or set of directors. These groups require specialization of knowledge and expertise in the respective subject areas. The company mainly acts as growth consultant for its clients. (Frost and Sullivan: Home page, n.d.) In the year 1998 the organization saw the successful launch of the new division which was called â€Å"Stratecast†. This division was primarily built to perform actionable, conclusive, and insightful strategic analysis utilized by the telecommunications industry. The senior executives were involved in the critical ‘business strategy’, ‘technological strategy’ and ‘tactical strategy’ decisions. The organization has been able to serve its clients by developing tools which are invaluable in planning and forecasting their business. The company has also gone ahead and launched a comprehensive industry newsletter which has benefitted the clients in a big way. Clients are able to keep a track of the market trends and news. These newsletters are called ‘Global Opportunity Newsletter’ and they

MrsFields case study Example | Topics and Well Written Essays - 1250 words

MrsFields - Case Study Example LPB was a large company; their formulations of baking from the frozen dough the croissants, bread, hot soups and sandwiches, taken from Fields extended cookies business, had a different style. Technological processes at Fields were not changed to make adjustment with the working of LPB. Fields wanted to get the benefit of their in-practice MIS system, which was not customized to assimilate the management functions of LPB like Fields had done when it acquired Chocolate Chip Company, and made changes in the MIS system. Fields assumed that that it would be able to benefit from its current MIS system for adapting different overhead functions of PBS. Working in a totally different management hierarchy would not have been easy particularly when no job orientation was given. Things could have gone haphazard without any staff reporting to the senior level, affecting performance in all segments of the organization. As per Randy’s statement, the organizational structure at LPB was not similar to the functioning at Fields who has been using IT to manage business functions across the globe efficiently. The impact of discharging 50 human resources from their duties of the acquired company and without providing the training of the work processes of the new organization structure, I would have felt crippled as a manager. Reporting of store managers at Fields was straight to all senior and middle level managers culminating in final reporting to Debbie and Randy. The change for the store manager’s rank was sudden from a traditional way of functioning to remaining available for seamless exchange of information horizontally and vertically on the vast communication network. Chances of failure had been more than success as store manager. In my opinion, it would be wrong to say that business at LPB was same in kind as it was at Fields in different aspects like products, customers, and business challenges. Although bakery was the major business at LPB but it offered other

My Sister's Keeper Movie Review Example | Topics and Well Written Essays - 750 words - 1

My Sister's Keeper - Movie Review Example Kate Fitzgerald was diagnosed with a terminal form of Leukemia at an early age and was not expected to live past the age of 5 without a proper organ donor to help her out. With that in mind, her parents agree to conceive a genetically engineered child whose sole purpose in life would be to "help" her sister survive.The film tries to take a deeper and more intimate look into how the illness of one child can manage to rip a family part at its seams. Sara, played by Cameron Diaz is the overly affected mother who will do anything to save the life of her eldest daughter Kate.Keeping the above information in mind, I shall evaluate this movie based on the following criteria:- A possibility of the story actually happening in real life;- character and event portrayals in the movie as compared to the original book counterparts;Â   - current medical emancipation laws in the state of California in relation to the movie.All of the above questions or criteria will show us how the rights of a minor are just as important as the rights of an adult. Even more important because they rely on their parents to protect their rights.The movie was partly based on the story of the Ayala sisters, whose parents used the placental cord cells of second sister Marissa - Eve in order to put the Leukemia of older sister Anissa into remission. However, Marissa was not conceived as a designer baby the way Anna was in the movie. The movie, took reality one step further in order to create more dramatic tension between the players which, if you ask me, was a bit of an overkill since the topic of death and survival is already morose as it is.

Art Essay Example | Topics and Well Written Essays - 500 words - 34

Art - Essay Example Probably the latter forms are either harvesting or tilling machines mainly utilized to prepare the land. This is evident from the black and curved objects protruding close to the busy man who appears to operate a machine, hence forming the artwork’s focal point. In this artwork, Clyfford extensively utilizes red, yellow, black, grey and white colors besides their varied shades. Diverse color shades characterize the forefront space and the sky. Mostly, these shades help the audience to unveil the time of the day and season, which the artist features in his work. The forefront mixtures of both white and grey or bluish shades form snow like objects, which characterize the artist’s early childhood region. In addition, the long protruding object from the left corner to the right casts a shadow beneath it whereby according to its inclination proves the time was in the afternoon. In his effort to depict diverse objects comprising this artwork, Clyfford skillfully utilizes both the color and â€Å"ripping off† method. The latter is evident in the forefront objects whereby the artist employs several color layers before using a chisel-like tool to make white patches that resemble snow. The use of this technique is also evident on the protruding and extending object’s side at the background. However, the artist on the background object preferred utilizing grey color instead of white or other varied shades similar the forefront objects. This is to show a demarcation between the snow and the vertical wall linking other structures, which the man seem to cling on while undertaking his activities. In this artwork, illumination emanates from the left side as indicated by the way the long and protruding object in the background casts shadow in the opposite direction. Besides, the forefront forms and red clouds above the background confirm that the light’s source is in the left side. Illumination besides helping the audience to unveil what could be

What do you understand by globalisation Discuss who- if anybody, is Essay

What do you understand by globalisation Discuss who- if anybody, is benefiting from different aspects - Essay Example The policy changes have opened up borders domestically and internationally hence facilitating the movements of goods and services and causing massive migration across the globe (Johnson, 2002, 428). Many nations have adopted free-market economies thus expanding investment and trading opportunities, as well as expansion of production potential. The advancement in technology is the main driver of globalization and is making people develop the capacity for making informed decisions (Intriligator, 2003, p. 3). The use of information technology and the use of internet have increased the interactions of people through use of mobile phones and the use of social media such as facebook, twitter, YouTube and MySpace among others. The interactions of people have resulted to peace and understanding across the globe. The interaction of people from different cultural backgrounds has improved the way people respond to various issues (Thompson, 2007, p. 1). Different people have enriched their culture by copying positive aspects of the other people’s culture thus improving their living standards. For example, the Western culture has imposed significant changes in the cultures of developing nations in a positive way. The religion of the Western communities has been accepted in the developing countries (Dator, 2006, p. 23). The building styles of the Western countries have been greatly appreciated in other communities and so on. The governments from different nations have benefitted from globalisation because, through the movement of goods and people across nations, the governments are able to increase revenue. Globalisation has resulted to exports and imports of products across the globe (Intriligator, 2003, p. 7). The governments levy custom duties on imports thus increasing the nations’ income. The world nations are able to increase their GDP because they have the opportunity to produce products for sale in other

The role of judges in making law in Uk courts Essay

The role of judges in making law in Uk courts - Essay Example This principle of precedent is also known as 'stare decisis'. This precedent should be created by a high ranking court and not from the courts of first instance. They are supposed to follow strictly the already existing law and precedents. Often these courts would be engaged in fact finding since they are not expected to hear full legal arguments of the parties. The courts administration documents and reports the decisions from 1865 in U.K. It is called now Incorporated Council of Law Reporting for England and Wales. It brings out The Weekly Law Reports and The Law Reports. The decisions that are taken as legal precedents shall have 'ratio decidendi' behind them. The ratio decidendi must be related to the law and not on factual findings. It can not also be 'obiter dictum' mentioned as a passing reference while deciding the case and shall have no legal basis for future decisions. The ratio which is binding shall have legal principles and rules considered for finding a solution for the problem in the case. The 'obiter dicta' however are treated as persuasive authority which later judges can use them for arriving at their decisions but are not bound to treat them as precedents.(UK law online) Precedent has a very important role in the common law. It ensures certainty and consistency and logical progression and development in the law. At the same time it can be rigid and also complex - what is "the law" on a subject may be very difficult to find or to state as it is spread across many cases. So, many countries (especially in Continental Europe) prefer a codified system in which laws are set out in legislation and cases which apply them may be illustrative but do not become binding. The law is also easier to find and to state and is rationally prospective rather than based on the chance event of litigation, which may give rise to laws based on extreme or unusual situations or unevenly argued cases. For example, here is the offence of murder in US Federal Law. By contrast, the law of murder in England is contained in several cases, and even having read them there may be room for doubt. As for English law, the classic definition of murder is considered to be that given by Lo rd Chief Justice Coke who (writing in the early seventeenth century) said: "Murder is when a man of sound memory and of the age of discretion, unlawfully killeth within any county of the realm any reasonable creature in rerum natura under the King's peace, with malice aforethought, either expressed by the party or implied by law, so as the party wo, or hurt etc. die of the wound or hurt etc .within a year and a day of the same." (UK Law online) Blackstone stated in eighteenth century that court decisions were mere evidence of common law. (Commentaries pp 88-9) Later Lord Esher said in 1892 that there was no judge made law as such since the judges did not make law but only applied prevailing law not previously applied authoritatively (Willis v Baddeley) However these views are refuted by late professor Cross stating "a rule stated in a precedent is law properly so called and law because it was made by the judges, not because it originated in common usage, or the judge's idea of justice and public convenience" (Cross R 1991 p 28) Cross holds that Lord Esher's view that application of existing law to new circumstances actually is similar to statement of

Rights and Responsibilities of Employer and Employee Essay Example for Free

Rights and Responsibilities of Employer and Employee Essay The Trusts purpose is to provide the best possible health care to defined standards of cost, volume and quality. Generally all employees are expected to adopt values and standards of conduct consistent with the trusts purpose. Employees are expected, at all times, to deal politely, respectfully and use civilised language and behaviour with all patients, public and other employees. Aggressive, abusive, threatening or violent behaviour is not acceptable. Employees are also expected to be aware of the need for quite and calm movement and behaviour in many patient, public and office areas. And are not permitted to consume food or drinks in view of patients or the public in the workplace, unless it is part of the model care, or in the absence of appropriate facilities, the manager has given his or her permission. On the other hand, employees are expected to be considerate of others and present themselves with due regard to social acceptability, tidiness and personal hygiene. However, they are expected to help patients and the public feel confident and at ease with the services they provide, with this they are expected to comply with particular requirements regarding the dress applicable in their Department. Employees are required to handle patients humanely, respectfully, courteously and with physical care. Employees should not have sexual relationships with patients who are in care or receiving treatment. Employees are told that sexual behaviour with patients who are mentally ill or mentally handicapped is not acceptable, if an employee is caught or reported of any suspicions he or she would face the Mental Health Act, and carry a liability to prosecution. Finally, Employees are expected to be honest in all their dealings with the Trust, for example, making reports and giving information, presenting claims for payment (travelling expenses, attendance records, recording work done etc.).Dishonesty, making false claims for payment etc., is treated as a serious offence. All employees are also expected to comply with all legal requirements at all times (Discrimination, harassment, victimisation and bullying at work on grounds of gender, race, colour, ethnic or national origins, social group, marital status, pregnancy, disability, sexual orientation, religion or creed, age, and so on). All employees have got responsible to meet their terms and condition of their job description and job specification. Employees rights: To begin with all employees in the NHS are entitled to receive statutory sick pay if the individual earn more than à ¯Ã‚ ¿Ã‚ ½67 a week. In the NHS, majority of the female group tend to use their Careers leave. All employees are entitled a reasonable time off work without pay, to deal with an emergency involving a dependant. For example, if a dependant falls ill or is injured, to arrange or attend a dependant funeral. In addition to this all employee are entitled 28 day paid holiday a year, this depend to the individuals title and period of time theyve worked for the hospital (the longer youve been in the job the more days you are given). Moreover, all pregnant employees are entitled to time off with pay to keep appointments for antenatal care made on the advice of a registered medical practitioner, midwife or health visitor. Likewise all working mothers are entitled to 18 weeks maternity leave. Most women will qualify for statutory maternity pay or maternity allowance. Alternatively if an employee is been employed by the NHS for more than a year he or she is qualify for 13 weeks of unpaid parental leave to be taken before the new-born is five. Although the rules apply to mothers and fathers, few men are expected to take it since the leave is unpaid. It is important for employees to meet the terms of their contracts because, if an employee fails to comply with his or contract of employment or policies set by Barts and The London. For example, if an employ does not attend work for the hours stated in the contract, they will be dealt with in an appropriate manner depending on the circumstances. The mission of the hospital is to excel in patient care, staff employment, education and training and research into new cures and treatments. For almost, every member of staff have objectives relate to achieving Pathfinder priorities directly; others are about delivering the ambitious programmes that underpin Pathfinder. These include Clinical quality, Service efficiency, Patient experience, Systems, culture and partnerships, Patient access, Patient choice, the hospital environment , access to information, The performance of workforce and Financial management. There are supervisors that work with junior staff, at the (a month or three) they meet and discuses (review) whether they have achieved their targets or not. Health and Safety is Making the work environment safe for personnel, patients and the public. Health and Safety Management is the strategy for eliminating or reducing hazards so that people are not injured or affected by disease. It is important for employer to follow Health and Safety regulations because employers must comply with a request to establish a safety committee which has the function of keeping under review the measures taken to ensure the health and safety at work of the employees. As they have a duty to cooperate with safety representatives usually appointed by a Trade Union. A hazardous substance can be any substance, whether solid, liquid or gas that may cause harm to your health these substances (corrosive, flammable, explosive, spontaneously combustible, toxic, oxidising, or water-reactive) they must be identified in the work place by a coloured diamond symbol. Moreover, Hazards in the healthcare sector is identified by the European Agency for Safety and Health at Work such as, Working shifts, Needle stick injuries, Latex allergy; Manual handling; Psychosocial issues such as violence at work. In this case it may be necessary for the employer to resort to the legal process or to approach the emergency services for assistance, depending on the nature and imminence of the hazard. Alternatively employees have a duty under section 7 of the Act to take care of their health and safety, and the health and safety of their colleagues, and to co-operate to the extent necessary to enable the employer to comply with his duties under the Act. This could include maintaining or co-operating in the maintenance of safety equipment such as breathing apparatus or fire fighting equipment. Like wise all employees expect promotion and pay rise from their employer. According to the contract of employment, all employees in the hospital will be paid monthly by credit transfer. If an employee is paid less than the sum stated in their contract the individual can explain this to a manage and the manage will discuss the matter to the payroll manage. On the other hand, an employee can take legal action is her payment is not on time and the sum stated is not paid on her next payment. Anyone aged 22 or over must be paid at least à ¯Ã‚ ¿Ã‚ ½3.70 an hour. Those aged 18 21 get a minimum of à ¯Ã‚ ¿Ã‚ ½3.20. Some groups are excluded (prisoners and family members working in a family business). The advantages of minimum wage is that minimum wage laws have raise the level of unemployment and make those that do have a job work harder. It is also a means of reducing poverty and improving the well-being of low-income workers. The key responsibilities for work place health and safety are set out by the occupational Health and safety Act 1985. Employer should by law provide a healthy and safe working environment for their employees. It is important to provide employees with a safe working environment because an employer has control and management of the work place; they have the primary responsibility for ensuring it is safe. Alternatively employees must also take responsibility for looking after their own health and safety, and must not place others at risk by their actions (or by any failure to act which could result in an incident). However, if the hospital (employers) fails to provide employees with a safe working environment, they are liable to heavy fines and may receive bad reputation or publicity. The benefits of a safe and healthy working environment include; Better employee health and well-being, improved productivity and reduced legal pressures on employers, as many health and safety at work issu es come under statutory responsibilities. All nurses in Barts and The London belong to an association called The Royal college of Nursing (RCN). The Royal College of Nursing membership is the largest professional association and union of nursing staff and students in the UK. It is an influential voice for nursing at home and abroad. The RCN promotes nursing interests on a wide range of issues by professional bodies and voluntary organisation. The RCN provides a comprehensive range of services and benefits for its members, this include advice and support on a range of clinical, employment and welfare issues. The RCN also promotes research, quality and practice development through the RCN institute. The royal College of Midwives (RCM) is the only trade union and professional organisation run by midwives for midwives. It is the voice of midwifery, providing excellence in professional leadership, education, influence and representation for and on behalf of midwives. The RCM produces information and advice on a wide range of midwifery issues. The Trust encourages employees at all level of the organisation to belong to a Union and use their services. The Trust recognises UNISON, RCN, RCM, British Medical Association (BMA for doctors) and THE Chartered Society Physiotherapy (CSP). The Unions have sole recognition and bargaining rights to represent employees with the expectation of Directors, individual Senior Managers and Clinical Managers Contracts. The Trust promise not to recognise or negotiate with Unions that are not known to the Trust. However the Trust will comply with the Employment Relations Act 1999 on the recognition of trade unions which are not currently recognised. It is important for employer to train their employees appropriately because this can help to make employees more efficient at their jobs, and in return can help to make the business more competitive with other branches (hospital). For example, employer must HBV vaccination must be made available to employees within 10 working days with occupational exposure. Before the vaccination is given employees must receive the training required. If an employee has previously received the complete HBV vaccination series or antibody testing shows that the employee is already HBV-immune then he or she will not be vaccinate. Hepatitis B Virus is a virus that causes illness directly affecting the liver. It is a blood borne pathogen. In this case you can see that the well being of employees is taken into account. With this attitude the hospital is helping to stop the virus from spreading and protecting the employees. The consequences of poor trained can seriously damage a company, if an employee is affected (ill) due to hygiene problems or poor training. Replacing that employee can cost six months or more of that employees salary when all costs are taken into account. However, recruitment expenses (newspaper advertising) losing an employee will costs the hospital time spent by other staff interviewing, training, and doing the work of the former employee until a replacement is found. It can also result in lower morale and productivity as employees discuss the situation around the hospital as a result this will leave them with fear in their jobs. Employers must pay both men and women equally for doing the same work, unless one of the following exceptions applies, a valid seniority system is in place, when entry level salary is based on experience, or If the job title is the same, but the work involved is different, equal pay rules do not apply. However, if a wage inequity exists between genders, an employer cannot lower the higher-paid employees salary; the employer must raise the lower paid employees salary to equal the higher paid employee. The Trust recognises its responsibility to ensure that the terms of the Sex Discrimination Act 1975, the Race Relations Act 1976, the Disability Discrimination Act 1995, and other relevant legislation are observed. According to Barts and The London they said employee will receive less favourable treatment than another on grounds of sex, sexual orientation, race, age, religion, colour, ethnic origin or disability. Therefore, any direct or indirect racial or sexual discrimination or harassment will be treated as serious as a disciplinary offence. The N.H.S allows certain document to be access, base on under the Freedom of Information Act an employee client can access information base on the list below. 1. The NHS and how they fit 2. Who they are 3. Financial and Funding Information 4. Corporate Information 5. Aims, Targets and Achievements 6. Their Services 7. Reports and Independent Enquiries 8. Policies and Procedures 9. Public Involvement and Consultation 10. Regular publications and information for the public 11. Complaints 12. Human Resources 13. Communications with the Press and Media Releases 14. Environmental Information On the other hand, data protection laws are quite complex but generally they are base on principles. The first data protection Act came into force in the UK in 1984 to protect individuals who had information on them held on computers (meaning personal information must be obtained legally). This Act gave people the right to see their personal file, recently the data protection Act of 1998 was introduce because the previous Act does not apply to written data, therefore individuals had little control over the use of personal data. However the Act regulates the way personal is collected, stored, process and used. It applies to all data stored in a computer systems and paper based on manual records that are stored in a structure way. Within the N.H.S a person, called the data controller should take charge of the storage of all personal records. All managers are accountable to have good code of conduct of employees relations within NHS every effort should be made to resolve grievance without the need to put the law into use. It is in the interest of both parties that grievance should be resolve as quick as possible at its lowest level of management, and to the closest point of referral. For instance if an employee feels unhappy about a situation that he/she think the firm has acted unreasonable or failed to take his/her into account. This can then lead to complaint and may even lead to dispute. In the NHS all employees have the right to have their grievance fairly considered by a supervisor or manager, their grievance should be considered at a higher level of management, if it cannot be resolved at the first stage the individual should be accompanied by a Trade Union representative, a friend or colleague at all meetings convened under the procedure of grievance. ACAS offer employers, trade unions and individuals the opportunity to obtain unbiased assistance in solving disputes and negotiation. ACAS can offer advice to all sides in the disputes. It can also try to bring the sides together as it tries to conciliate and suggest ways to move towards a solution. Finally ACAS can list evidence from both sides and then provide a solution. Never the less, it will insist that both sides agree to abide by its decision before starting the arbitration process. Arbitration and conciliation involve, giving support to both parties in resolving disputes. Conciliation involves listening to both parties before suggesting solutions, whereas arbitration involves providing a solution given certain criteria that both parties are comfortable with. For instance, docking pay or dismissing the employee. The employee may then take the case to an Employment Tribunal. ACAS will be involved in trying to resolve these issues so that they do not go as far as the Tribunal or by creating codes of good practice and giving advice so that an employer can establish working relationships that do not lead to such disputes. ACAS will conciliate by working with the two parties. In addition to this, most of the disputes dealt with by an employment tribunal are for unfair dismissal. In this case the employee must first of all ask ACAS whether the case needs to be taken to an employment tribunal. The tribunal is made up of individuals who have specific knowledge of employment law. After listening to the evidence presented, the chair of the tribunal and other solicitors will make decision by simple majority verdict. Individual whose complaint are upheld are entitled to compensation, reinstatement or reengagement. For example, a deaf worker takes a case for disability discrimination to an Employment Tribunal and wins. A co-worker, who is hearing, appears as a witness for the deaf worker. Later, the employer does not promote the co-worker and this was due to her support for her deaf colleague. This would be victimisation and, under the DDA, the co-worker could take a case to the Employment Tribunal. Moreover appeals made by an employment tribunal can be referred to the Employment Appeal Tribunal. Some cases can be taken further to the court of Appeal, and sometimes up to the final court of appeal in the UK, the House of Lords. Since the UK is part of the European Union, individuals and employers can take their cases to the European court of justice. For example, Customer Service Customer service is an organisations ability to supply their customers wants and needs. Excellent customer service is the ability of an organisation to constantly and consistently exceed the customers expectations. And customer satisfaction is a top priority at each point of interaction. Customers are demanding more service, more convenience and more personalised communications. Businesses a-days must maximise every interaction with their customers to make positive impressions and enhance loyalty and preference with good customer service businesses can position for long-term success. Excellent customer service is about being aware of customer needs and reacting to them effectively. Gain and retain customers Good customer service is good business. It costs much less to keep an existing customer than to win a new customer, so retaining existing customers is more profitable for business. If Barts and The London NHS Trust has effective customer complaints systems in place, many of those customers with questions or problems can be retained. Satisfied complainants can be nearly as, or even more loyal than, patients who did not have a problem. Even if things do not go badly, research suggests that some patients will still leave because they are not totally satisfied with the service. Never the less, Poor service drives patients away, and they will not always come back and give you the chance to put it right. Often businesses are the last persons to hear about their customers problem. They will talk to their friends and talk with their feet by taking their custom elsewhere. Even if they do complain to you, you could still lose a number of these customers after only their first complaint. Businesses can gain customer through advertising, public relations, press releases, direct mail, sales letters and promotional items. Whereas in the retail industry, businesses like Mark and Spencer, Tescos, Sainsburys, provide similar products and charge similar prices. Improving the quality of customer service can help their businesses to gain and retain customers. For instant, if Tescos opens for 24 hours and prices are low then Tescos will gain customers from other competitors and retain their own customers. Gain customer satisfaction and loyalty: Satisfying customers will help to make customers more loyal and less tempted to go to its competitors. Now a-days Customer loyalty matters because selling more to existing customers is easier, and cheaper, than finding and selling to new ones. Loyal customers tend to buy more, more regularly. And they will frequently recommend your business to others. In this case, the NHS will have to provide patients with good health service. But patients are less likely to move from the NHS; unlike if the patient would like to be treated privately. Improving the image and reputation of the business: Good customer service allows business to improve the image and reputation of the business by fulfilling or satisfying customers. Satisfy customers spread good news about the business service and attract new customers. However, customer reputation is more likely to win more customers in a business. Barts and The London NHS Trust would put patients interest first and by doing so they should not let patients be on the waiting list for a long period. It is important for businesses to recognise that the reputation of years can be determined and destroyed by 60 seconds of poor conduct at the front line service delivery level. Providing information about the product in use: Moreover, good customer service means the business listen to their customers, they can find out what customers think about their product or service that is been offered to them. This feedback can help find ways to improve goods or services for customer. For NHS the competition to get drugs prescribed is fierce. Sales and marketing managers therefore need to have confidence that their sales plan is having the maximum effect. In order to do this, sales and marketing managers should surround their sales representatives with the necessary training and development tools. By helping patients to make savings in their prescribing budgets the hospital will also have helped them to release money to spend on other products and services as a result, they may be more receptive to meeting the hospital representatives. Patients will see the hospital as a prescribing partner who understands and is responsive to their needs and resource pressures. Help your business to keep market share: By providing good customer service, customers who remain loyal and new customers won by quality service will decide to buy shares from the business and retain their shares in the market. In the NHS modern sales representative needs to have superior knowledge of the market; effective access to customers; and an accurate means of assessing their impact. The NHS is based around controlling the uptake of a product as appropriate given the evidence, priorities and resourcing. Increase your business sales revenue and profit: Good customer service will allow businesses to increase sales and profit because satisfied customers can encourage others to go for the same good or service. Extra days off from work mean more opportunities for customers to buy goods, and that most often translates into increased sales for retailers. As a result, businesses today are seeking ways to make returned goods enhance financial performance, rather than reduce it, retailers and consumer goods companies can turn the reverse supply chain into a powerful source of profit and customer satisfaction. In the NHS there are departments that serve as internal customers; their job is to check the service that will be provided for external customer. The internal customers help the NHS to provide high quality service to patients. For example, secondary care organisations are the internal customers of primary care, and operating departments are the internal customers of central sterilising units and linen services. Quality depends on all (external and internal) customers in a system getting what they need, when they need it. External customers are the people who the NHS provides their service to (patients), they are the final customer. Final customers could be in-patients or out patients, these patients are individual that go to hospitals for treatment To begin with value for money is very important in the NHS (for private patients, within the country and over sea patients). I will not conduct a customer survey, but will try and search for a survey that will be available in the internet from that survey I will try and explain the most important customer expectations of the NHS. Customer satisfaction is vital for the survival and growth of any business. Findings from the National Homeowner Satisfaction research study indicate that most customers of the participating investigation are very satisfied with the service offered to them. In fact, the average index score of all NHS study participants is an extraordinary 96. The study measures the following components of customer satisfaction: project design, quality of materials, quality of workmanship, work-site conditions, production schedules, budget, price/value of projects, sales process. The survey also asked respondents to rate their willingness to recommend their hospital. Each respondents score for this question is averaged with its overall satisfaction score to yield an NHS Index score. However, the survey has a great percentage of patients who would recommend it to family and friends. Patients like to know services the NHS provide and price that they are expected to pay if any. Clear labelling can help patients with to build their trust and loyalty to any business. The NHS can win new patients by offering specialised advice about their service. The NHS target is to improve patients time to excel in anticipating and quickly responding to customer needs, many patients are not happy for the time they spent in the waiting list. The NHS should try and treat patients on time of need. I also think the NHS should improve Document Management service, in line with best industry standards and good value for money. Add value by providing a wider range of products and services to patients. Personal believe that good Employer should be able to sustain a working environment that attracts, retains and develops committed employees and to improve by investing in people, technology and processes, at the moment the NHS is not fulfilling much of this. Never the less the NHS should be working to build on reputation as a strong and self-reliant business with customer focus, profit orientation, and professional outlook. Market research allows businesses to target customers, sell effectively, compete with suppliers and sport new opportunities. There are many ways in conducting market research, Depending what the business is and the group the business is hoping to aim its product at, particularly the resources allocated to marketing research, there are two main ways of carrying out market research. First and for most, a small business can do the market research personally. This is often in smaller businesses. Here, marketing staff do the research themselves. Sample sizes tend to be small which may be appropriate if there are a relatively small number of customers. Secondly, a business can employ a marketing research manager, as the business may benefit from specialist research skills. Barts and The London NHS Trust has recently conducted a patients surveys, questionnaires and suggestions. Most Market research uses quantitative techniques to discover answers to broad questions from questionnaires. Employees can ask patients questions to know out they think about the NHS or the service being offered to them. Normal this take place when nurses and doctors are in regular contact with patients that are having difficulties with staff or have being in the waiting list for years, sometimes it could be that they are not satisfied with the service theyve received. For example, a new born baby had heart problem and was put on the heart transplant waiting list and he was admitted to the Pediatric ICU at Saint Marys Hospital to wait for a donor heart. Years later the parents were told a possible donor heart had been found, he was taken to be prepared for surgery, after the surgery the baby was doing fine. Expect weeks later when his parents were told that infections could mean a serious illness for him and at a time hes already infected. This took a long period of time for him to recover (something that the hospital could have prevent from happening) finally his family was told that the boy have hope for the future. After many complaints managers may decide to research, managers may achieve this by observing and assuming staff as they deal with patients. Sometimes ward managers employ elderly people, parents to assess and report on how well their workers are doing. In the case of observation, it takes long for GP to put their patients on a hospital waiting, this is due to how many people that are sill waiting and GPs are told to observe the attitude of the patient. Meaning many patients have to be referred by their GP to attend an outpatient clinic where their need for an operation will be assessed. However, the common way to find information from patients is getting them to complete questionnaires, which they will send by post or a nurse will help a patient complete, like an interview. Alternatively the NHS have a committee where patients report about services they provide to the public. This committee gives their views on how the NHS should run and sometimes provide useful and detailed information on how communication can take place in the NHS (patients and workers). As we all know almost all big businesses have websites that are available to clients. Barts and THE London have a website that patients can use regarding the service they offer, most of the time the site have information about the hospital, recent achievements, health information and so on. The website also has an E-mail which patients can use to contract Barts and The London NHS customer service. This way gives patients the chance to offer their views on the NHS and it service it does provide. Patients can use this method (e-mail) to complain about unsatisfactory service or complete forms before visiting the hospital. Barts and The London NHS must supply high quality of service to patients; their service must be of high standard and reliable. Patients must be assured about safety when in the hands of specialists; for instant doctors must explain to patients about side effect of any treatment or medication they are taking. Information on medication must be clear to patients in order to avoid over-dose and help patients to be safe. Barts and The London should have employees with the right skills and attitude to work in other provide patients with right treatment. Nurses or any other work in the NHS are well trained to carry their duties as stated on their contract of employment. All staff wear their uniform this is to help patients recognise all employees in the hospital. As weve been hearing there have been many complaints that the hospitals are not clean enough for patient to be treated and patients often suffer from different sicknesses while in hospital, this is said to be that it is the spreading of disease. Never the less, Barts and The London NHS provide signpost so that patients can find their way around the hospital. By using technology effectively, its possible to do more with fewer resources and compete work in a larger field. Businesses that shy away from technology find themselves at a disadvantage; technology is best suited for customer interaction and information. E-mail is as important as the telephone for the average working man and woman, and in some cases, more important than any other communications, nowadays people send more email than postal mail, exchange drafts of reports via email, schedule meetings via email, and close deals via email. Workers who dont know how to make use of email servers will waste hours or lose information. And those that are content to continue with one-to-one communications will fall behind their competitors. Protecting the customer means making sure that the customer is receiving the actual goods or service he or she wants, and that they are in the right condition to work as expected. There are many laws that exist to protect the customer, on such things as the contents and labelling of food, consumer credit and claims about sale price. In addition, in some cases business has set up its own help for the consumer through such things as voluntary codes of practice. The Trade Descriptions Act 1968 makes it an offence for a trader to apply, by any means, false or misleading statements, or to knowingly or recklessly make such statements about goods and services. This means you have rights as a consumer for what you purchase to do what it says it will. As a consumer if you feel like you have been ripped off or treated unfairly by a shop or a manufacturer then you can speak to a Personal Adviser at your local Connexions or the consumer and trading standards business advice service. If a description has been applied thee a business is not sure about, If at all possible, the trade description should be removed forthwith. Customers should certainly be informed about any doubt about any significant description. The Health and Safety at work 1974 state that all employers were required keeping their workplaces healthy and safe. The act provides a strong framework for good. Never the less, the consumer protection Act 1987, improve the law on the sale of dangerous goods. Certain goods must be marked with warnings and safety advice (bleach). Other goods, including heaters and toys, are covered by safety regulations. The sale of goods Act 1979 set the principles of fit for the purpose, as described and of merchantable quantity. This means products must be as described, fit for purpose and of satisfactory quality. If goods do not conform to contract at the time of sale, purchasers can request their money back within a reasonable time. Weight and measures Act 1985, makes it an offence for traders to give short weight or measure. The Act was established to ensure that buyers receive sufficient and accurate information with which to compare quantity and price.

Current Political Dimensions and Issues of Globalization Essay Example for Free

Current Political Dimensions and Issues of Globalization Essay Globalization refers to those processes whereby geographically distant events and decisions impact to a growing degree on â€Å"local† university life. Also it can be viewed as link towards the growth of social interconnectedness across existing geographical and political boundaries. Globalization is the process of increasing interconnectedness interdependent ness of people and places as a result of improved transport and communication and information technologies that ensures countries stay together as one community. In globalization, political, economic, social, religious and cultural issues usually interplay in producing a globalize world.    The world is becoming one. most contemporary social theorists endorse the view that globalization refers to fundamental changes in the spatial and temporal contours of social existence, according to which the significance of space or territory undergoes shifts in the face of a no less dramatic acceleration in the temporal structure of crucial forms of human activity. Geographical distance is typically measured in time. (Brawley, 2002) The world’s globalization can be traced back to many decades when different countries of the world saw the need to have globalization of the economy, politics, and societies, religious through the creation of links that will ensure that there is coordination in all the aforementioned aspects that form the basis of any country. There has been great integration in the economic sector among countries in, this is what is commonly referred as economic globalization. The fast economic growth among many countries in the world can be attributed to globalization. This implies that globalization has helped reduce poverty in many developing counties. Western political theory has traditionally presupposed the existence of territorially bound communities, whose borders can be more or less neatly delineated from those of other communities. The contemporary liberal politics has it that to speak of bounded communities whose fundamental structure consists of self-sufficient schemes of cooperation for all the essential purposes of human life. (David, 1995) The current political issues in any given country are based on how to achieve and utilize globalization.   Most of the countries have resolved to form partnerships with most of the countries in the world so as to integrate their resources geared towards high production. The whole process of globalization promotes proper and easy access to the world market among the partners.   This role is played by internationals organizations that have tried to promote liberal markets. For instance business people on different continents now engage in electronic commerce; television allows people situated anywhere to observe the impact of terrible wars being waged far from the comfort of their living rooms; academics make use of the latest video conferencing equipment to organize seminars in which participants are located at disparate geographical locations; the Internet allows people to communicate instantaneously with each other notwithstanding vast geographical distances separating them. (Burchill Linklater, 1996). The whole process of globalization has its own challenges where the poor countries are not able to compete effectively in the world markets and as such the poor countries are unable to have economic growth.   There is great disparity between the developed and the developing countries and this is also inherent to the people of these countries where we have a big imbalance between the poor and the rich. Due to the process of globalization countries have a challenge on how to have political shifts that will enhance their global growth.   The political shift usually twisted towards the stakeholders of globalization. Corruption fighting is the key issue towards globalization for any country. Covering a wide range of distinct political, economic, and cultural trends, the term globalization has quickly become one of the most fashionable buzzwords of contemporary political and academic debate. In popular discourse, globalization often functions as little more than a synonym for one or more of the following phenomena: the pursuit of classical liberal free market policies in the world economy economic liberalization, the growing dominance of different forms of political, economic, and cultural life. The proliferation of new information technologies such as the Internet as well as the notion that humanity are in the anticipation of   realizing one single unified community in which major sources of social conflict have vanished through global integration. (David 1995) Ultimately globalization has been achieved through technological advancements.   It is a main challenge in the process of globalization as many counties are lagging behind in terms of technological advancements that are meant to promote fast and effective communication as well as boost high production.   The process of achieving the international development goals pays more emphasizes on reducing poverty levels in countries of the world by promoting sustainable growth by empowering the poor people. Globalization is just an opportunity that is associated with risks at the national and international level. One of the issues that has emitted from globalization is that there is freedom of movement which has made developed countries hire labour from lower cost countries this making the citizens of the country to lose their jobs.   It end result of this is that the country is focusing on its development. But globalization can not be dismissed at all but what is important is to lay good enabling structures that can enhance both an individual development as well as the country development.   This can only be done by putting in place good governance. Generally, globalization poses risks and challenges, but so far it has become a stabilizing force in Philippine politics. (Robertson, 1992) This is the only way the government could make serious headway in the fight against joblessness and poverty. There are indications that most of those uprisings in the past were supported by the business elite. They are concentrated in the banking, real estate, export, and trading. Most of these sectors now are raking in money from overseas remittances, outsourcing, and recovering exports. It means they now have a stake in the stability of the system. People in the world are encouraged to think as citizens of nations and as well global citizens if the global agenda is to be achieved.   Globalization is a force that is attaching people of countries in the world and as such globalization is the way forward. Generally, globalization is characterized by free market, new technologies internet revolution.   Due to this increased technologies little time is required to connect different geographical locations.   This has helped in reducing the issues of national boundaries as people can communicate without necessarily crossing over the national boundaries.   Many social activities can take place in the world without necessary considering the geographical location of the participants. This is done through telecommunication, digital computers, audiovisual media and this occurs everywhere in the contemporary world.   (Schorte, 1996).  Ã‚   Business is done through electronics, televisions. This has promoted both social and economic interconnectedness across the political and geographical boundaries.   This means that technical disregard to geographical boundaries is a major issue towards globalization. High speed technology plays a very crucial role in the process of globalization.   This is another issue that is hindering the achievement of globalization.   This is because most of the world’s countries and are not moving as per the dynamisms of technology thus creating slow inter border speed movements. (Scheuerman,2004) The high speed technologies minimize the significance of distance and as a result improving the interconnectedness. But in those areas where deterritorialization and social interconnectedness across national borders are especially striking, new transnational institutions (for example, cross-border referenda), along with a dramatic strengthening and further democratization of existing forms of supranational authority (in particular, the United Nations), are necessary if we are to assure that popular sovereignty remains an effective principle. Globalization guarantees sustainable competitiveness through leadership of technological improvements.   The attraction of many countries in need of investment has promoted the growth of economies in most countries that embrace globalization.   Good examples are the recent joint ventures of China with Japanese companies where the Chinese get skills directly by working the Japanese. High-speed technologies and organizational approaches are employed by transnational operating firms, the so-called â€Å"global players,† with great effectiveness. The emergence of â€Å"around-the-world, around-the-clock† financial markets, where major cross-border financial transactions are made in cyberspace at the blink of an eye, represents a familiar example of the economic face of globalization. (Mark Interline 2001) How Philippines is integrated in international economy at the global community. Philippines as far as the globalization is concerned is rated in the semi-globalize world.   The country has not achieved completely what it takes for a country to be globalized.   It is lacking integrated markets and economies with other countries.   This because it has not taken advantage of across borders integration.   Low cross borders coordination reduces the economic share activities which have an effect of reducing fast economic growth.   Philippines have now a new political shift aimed at promoting its economic growth.   One of the main issues of promoting globalization is through democratization.   This is an aspect that has been missing in Philippines, there is a tendency the country believing that poor countries should not depend on the foreign capital and for this reason the country believes in regional issues of development. Philippine is the latest country to be accepted in the global alliance nations sharing global information and economies.   The country’s software sector has greatly grown giving it advantage in global information technology.   In the year 2006, Philippines had established software innovation which aimed at creating a global centre of information.   The process of software innovation is based on good relations with other countries that have advanced technology.   This procedure has promoted individuals business within the integrated countries.   A good example is stag Philippines Company that developed an innovative online registration system for one of the domestic airlines, this is a positive movement towards globalizations. The country has moved from the traditional of doing things to the scientific and technological revolutions.   Philippines has achieved great integration in East Asia with countries such as Indonesia, Malaysia and Thailand.   This form of regional integration has promoted free market within the area hence improved economies. Globalization refers to increased possibilities for action between and among people in situations where latitudinal and longitudinal location seems immaterial to the social activity at hand. Even though geographical location remains crucial for many undertakings (for example, farming to satisfy the needs of a local market), deterritorialization manifests itself in many social spheres.. Territory in the sense of a traditional sense of a geographically identifiable location no longer constitutes the whole of â€Å"social space† in which human activity takes places. In this initial sense of the term, globalization refers to the spread of new forms of non-territorial social activity (Fred, 1998) There are great challenges for the government in trying to harmonize governance especially when there is integration of business bodies with other countries.   The process of liberalization and democratization enables the more advanced countries to take advantage of the free market.   The more developed countries use this opportunity in getting more profits which they take to their rich countries.   There is power mixing for the government as it not possible to control all the power diffusion. Each manifestation of globalization also generates distinct conflicts and dislocations. For example, there is substantial empirical evidence that cross-border flows and exchanges, as well as the emergence of directly transnational forms of production by means of which a single commodity is manufactured simultaneously in distant corners of the globe, are gaining in prominence (Castells, 1996). The whole process of Philippines involvement in international and global community is that the developed countries in term s of service provision on the onset there is un equal competition for the integrated market which the developed countries stand a better chance to exploit.   Despite the lower levels of poverty in most states, there is a general inequality in the overall income among the citizens. The inequality in Philippines occurs especially between rural and urban areas.   This has led to economic stagnation and civil instability which threatens the goal of reducing poverty by globalization.   Other places are overpopulated causing strain on the meager natural resources.   The fact that Philippines has moved global has not solved the internal disparities which threaten to increase poverty levels. The government has a great challenge of implementing certain agreements with the international community.   Such international conventions are so demanding in terms of implementation within the country.   When these legal conventions are integrated to the country they have the capacity to weaken the internal structures of the country. As an empirical matter, the decay of the domestic-foreign frontier seems highly ambivalent, since it might easily pave the way for the decay of the more attractive attributes of domestic political life: as â€Å"foreign† affairs collapse inward onto â€Å"domestic† political life, the relative lawlessness of the former potentially makes disturbing inroads onto the latter (Scheuerman, 2004) The government is also challenged by the rapidly expanding flow of goods services information and people which makes the country to be more interdependent.   This requires that the country sets global consensus to meet these challenges. Globalization-from-above is controlled by wealthy elites and driven by a hunger for more wealth and power. But there is another form of globalization in the Philippines that is made up of grassroots alliances of human rights activists, trade unions, womens organizations, and environmental coalitions and farmers’ organizations. This form of globalization however does not get as much publicity as the elite form of globalization but it is growing just as rapidly. The institutions such as the World Bank, the International Monetary Fund and transnational corporations have assisted in development and the integration of the world’s countries into the global system. The cross-boarder issues that require joint efforts have been very difficult for the Philippine government to manage.   Areas that require regional cooperation include drug supply reduction, prevention of HIV/AIDS, fight against illegal drugs.   Lack of such support has been a great set back to the government. Critics insist that local, regional, and national forms of self-government are being rapidly supplanted by insufficiently democratic forms of global governance remote from the needs of ordinary citizens, whereas their defenders describe new forms of supranational legal and political decision as indispensable forerunners to more inclusive and advanced forms of self-government. Global financial markets also challenge traditional attempts by liberal democratic nation-states to rein in the activities of bankers, spawning understandable anxieties about the growing power and influence of financial markets over democratically elected representative institutions Globalization has an effect on Philippines culture and traditions as the society’s norms and values as subject to change.   There are many ways in which the globalization may finally erode the cultural values of the people due to the volatile socialization a contribution of market liberalization and democratization. Market liberalization and the democratization has continued to adversely contributed to the deceleration in growth rate of the country because of the worsening terms of trade between the integrated countries and Philippines. There is a weak growth of exports to the developed countries but rather there are a big number of imports to the country. This means that the country spends more money to the outside countries than what it receives.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   There is a need for the developed countries to have a positive shift towards assisting the developing countries. This can be done by the removal of trade barrier to the developing countries. Philippine’s economy has been growing at 4-6% GDP due to the growth of the robust sector. Electrons and semiconductors contribute greatly to the country’s exports. There is variety of market for the Philippines products due to the globalization. A global citizen in this country is encouraged to participate actively by taking advantage of the available opportunities: outsourcing is an outcome of technological advancements. For instance, many people in the Philippines start their work at 9pm till five in the morning. Such jobs include call centers. This industry of out sources is growing at 57%per year. The Philippines has low or more open economy, a contribution of the economic reforms done as well as moving global. The linking together and expanding of social activities across borders is predicated on the possibility of relatively fast flows and movements of people, information, capital, and goods. Without these fast flows, it is difficult to see how distant events could possibly posses the influence they now enjoy. High-speed technology plays a pivotal role in the velocity of human affairs. But many other factors contribute to the overall pace and speed of social activity.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Globalization has completely changed the political and social situation of the country. The current crop of politicians believes that the future of the country depends on global connectivity and it is for this reason they support global dynamics and global competitiveness. The democratic model has been used in Philippines in the process of creating alliances with other countries. According to one influential strand within international relations theory, relations between states are fundamentally lawless. Since the achievement of justice or democracy, for example, presupposes an effective political sovereign, the lacuna of sovereignty at the global level means that justice and democracy are necessarily incomplete and probably unattainable there. In this â€Å"Realist† view of international politics, core features of the modern system of sovereign states relegate the pursuit of western political thoughts most noble normative goals primarily to the domestic arena. Other critics has that the dangers of global economy is that investors come into a particular country, present certain conditions and government often accept them without asking the people who will be affected, which is a violation of workers rights. It often happens under such deals when state companies are bought over by foreign companies, thousands of workers are laid off under so called structural adjustment program to cut the cost, while workers are pushed for longer hours and prohibited from labor unions. The whole purpose behind this way of working is exploitation of the foreign market to gain greater profit. Globalization is part of the changing world, but the way it is coming in developing countries lacks humanity. Contemporary analysts associate globalization with deterritorialization, according to which a growing variety of social activities takes place irrespective of the geographical location of participants. As Jan Aart Scholte observes, â€Å"global events can via telecommunication, digital computers, audiovisual media, rocketry and the like occur almost simultaneously anywhere and everywhere in the world. (Scholte Aart, 1996) In conclusion globalization is the way forward for Philippine’s economic and political growth. Technology is the key to the achievement of the globalization process and it is therefore very important for any country to embrace technological changes in order to be complacent with the fast changes in the world. A country that will not embrace technological changes is like lag behind in matters of development. Increased communication is panacea of any expanding economy as this promotes sharing of the international nature. Expanding free market promotes greater exchange of skills which has a net effect of improving the economy in terms of the factors maximizing the factors of production such as capital, land, entrepreneurship. Outsourcing is the contemporary form of globalization that is practiced in the contemporary Philippine and this has led to the improved social relation among the regional countries. Integration of different companies which produce similar products has enhanced the exchange of technologies by the virtue of direct contact. Finally globalization has reduced the social boundaries as well the geographical barriers and now people are staying as one big community. References Mark Randal Brawley (2002) the Politics of Globalization: Gaining Perspective, Assessing Consequences. Broadview Press. Crescenzi, Mark, and Andrew J. Interline. 2001. Time Remembered: A Dynamic Model of Interstate Interaction. International Studies Quarterly 45:409-431. Scott Burchill and Andrew Linklater, (1996). Theories of International Relations. New York: St. Martins Castells, Manuel (1996), The Rise of Network Society (Oxford: Blackwell). Dallmayr, Fred (1998), Alternative Visions: Paths in the Global Village (Lanham, Md.: Rowman Littlefield). Held, David (1995), Democracy and the Global Order: From the Modern State to Cosmopolitan Governance (Stanford: Stanford University Press). Robertson, R. (1992), Globalization: Social Theory and Global Culture, (London: Sage). Scheuerman, William E. (2004), Liberal Democracy and the Social Acceleration of Time (Baltimore: Johns Hopkins Press, 2004). Scholte, Jan Aart (2000), Globalization: A Critical Introduction (New York: St. Martins).

History of Civil Rights | Essay

History of Civil Rights | Essay Racism entails the belief that some races are more superior to others in society. From as early as the colonial era, racism in the United States of America has been a major issue. Native Americans, African Americans, Asian Americans, Mexican Americans, American Jews, Irish Americans and some other immigrant groups and their descendants were all considered as the minority groups. Racism has many forms. However, no one is born a racist. This develops from the environment from which our children grow into. Racism in the United States of America has been a major issue ever since the slave and the colonial era. Legally endorsed racial discrimination imposed a grave burden on African Americans, Native Americans, Mexican Americans, and Asian Americans. European Americans were from the beginning at an advantage since the American law favored them in matters of voting rights, literacy standards, immigration, land acquisition, citizenship, and criminal procedure over periods of time extend from as early as the 17th century to the 1960s. Majority of the European ethnic groups, particularly Eastern Europe, Irish Americans, American Jews, Southern European immigrants, in addition other immigrants, suffered discrimination and other kinds of racism in American society. The major racially structured institutions at the time included Indian wars, slavery, segregation, Native American reservations, internment camps and residential schools (for Native Americans. In America, official racial bias was largely prohibited in the mid-20th century; moreover, it came to be viewed as socially intolerable. However, racial politics remained a major phenomenon in American territory. Historical racism up to date has continued to be perceived in socio-economic inequality. Nevertheless, racial stratification continued to take place in all avenues in our society including government, housing, employment, housing, lending and education sectors. As is the case in most countries, many people in the United States of America continue to harbor some discrimination against individuals from other races. Discrimination infiltrates almost all aspects of life in the United States of America, and it further extends to all communities of color. SLAVERY Slavery in the United States was a kind of forced labor that existed in North America as a legal institution for over a century. This was before the United States was founded in the year 1776. Later on, slavery began to spread to the south. This continued until the thirteenth Amendment of the United States Constitution was passed in 1865. The first lot of Africans to land in the United States was brought into North America in 1619. The ship docked in Virginia carrying about 20 Africans. This was the beginning of slavery in America. Slavery gradually spread into areas with good fertile soils where large plantations of high value cash crops were being grown. The key crops being grown were sugar, Cotton, coffee and tobacco. During the 18th century, legislatures and colonial courts had radicalized slavery. Fundamentally this created a caste system in which slavery applied exclusively to Black Africans and other people of African origin. However, Native Americans were also occasionally turned into slaves. Between the 16th à ¢Ãƒ ¢Ã¢â‚¬Å¡Ã‚ ¬ 19th centuries, more than 12 million Africans had been shipped into America to become slaves to the Americans. By the 19th century, majority of the slave holders were located in South Americas where the land was more fertile. The African slaves were managed by overseers who were usually white Americans. Slavery was a touchy subject in the politics of the United States of America between 1770s-1860s. Thus it became a matter of discussion in the drafting of the American Constitution. Moreover, it became a key issue in Federal legislation and Supreme Court cases. Slaves resisted the legalization of slavery and the whole institution that supported it. To show their dismay, they held rebellions and non-compliance. In addition, they escaped slavery by travelling to non-slave states and Canada. This was made possible by the Underground Railroad. Activists of abolitionism were constantly engaged in political and moral debates in an effort to encourage the creation of Free Soil states as Western expansion proceeded. Slavery was a major subject that led to the start of the American Civil War. Once the Union won the war, slavery became illegal throughout the United States of America. In addition, the country adopted the Thirteenth Amendment to the United States Constitution. B. Freedom Fighters Once slavery was abolished, African American people began to rise into positions of power in America. Some of them are discussed below. Martin Luther King Jr. Martin Luther King, Jr was not only an American clergyman and activist but also a prominent leader in the African American Civil Rights Movement. He is famous for his contribution to the advancement of civil rights in the United States and around the world. He advocated for the use of non violent methods with regards to Mahatma Gandhi. He is also famous for being a Nobel peace laureate in 1964 for his work to end racial segregation and discrimination using non violent means. When he was assassinated in 1968, he was posthumously honored the Presidential Medal of Freedom. This was in 1977 and in 2004; he was awarded the Congressional Gold Medal. In the year 1986, Martin Luther King, Jr. Day was established as a U.S. federal holiday. 2. Autherine Lucy Foster Autherine Lucy Foster went down in history as the first black student to ever attend the University of Alabama. At the time, university policies prohibited her from attending the university since she was black. She therefore approached the National Association for the Advancement of Colored People (NAACP) for assistance. Court proceedings began on July 1953 and on June 29, 1955, the NAACP secured a court order preventing the University from turning down the admission applications of Lucy and her friend based upon their race. Few days later, the court amended the decision to apply to all other African-American students who were seeking admission in the university. The Supreme Court upheld this in Lucy v. Adams on October 10, 1955. The university reluctantly allowed Lucy to register, however, she was excluded from all dormitories and dining halls. On February 3, 1956, Lucy enrolled as a graduate student in library science, becoming the first African American to ever get admitted to a w hite public school or university in the state. However, things were not smooth sailing for Lucy since on the third day of classes, a hostile mob gathered to keep her from attending her classes. The police intervened however that evening Lucy was suspended from university on grounds that she disrupted the peace in the university. She filed suit against the university and as a result, they expelled her on grounds that she slandered the university reputation after decades of law suits, the University overturned her expulsion. This was in 1980, and in 1992, she finally earned her Masters degree in Elementary Education from the University. The University named a scholarship in her honor as well as unveiled a portrait of her in the student union. The inscription on it reads Her initiative and courage won the right for students of all races to attend the University. 3. Ida B. Wells- Barnet Ida Bell Wells-Barnett (July 16, 1862 March 25, 1931) was an African American female news paper editor and journalist. Her husband, Ferdinand L. Barnett, was the newspaper owner as well as an early civil rights movement leader. Ida documented the extent of killings that were being executed in the United States. She was also dynamic in the womens rights movement as well as the womens suffrage movement in America. Since she was little, she was aggressive in her demands for equality and justice for African-Americans. She always maintained that the African-American community could only gain justice through its own determination and efforts. Since her death, in March 25, 1931, the significance of her life as well as her legacy has greatly grown. Her life story has been the subject of a extensively performed musical drama, which debuted in 2006, by Tazewell Thompson. In history, she is labeled the woman who was at one time born in slavery yet she grew to overcome all odds and become one of the great pioneer activists of the Civil Rights Movement in America. III. Civil Rights Movements in the United States Brown vs. Board of Education Brown v. Board of Education of Topeka was a land mark decision made by United States Warren Supreme court on May 17, 1954. The land mark declared the previous state laws that ensured the establishing separate public schools for white and black students were unconstitutional. This court ruling overturned the Ferguson vs. Plessey decision of 1896 which advocated for state-sponsored segregation. The court decision stated that separate educational facilities are inherently unequal. As a result, de jure racial segregation was declared a violation of the Equal Protection Clause of the Fourteenth Amendment of the United States constitution. This ruling paved the way for integration of all people irrespective of their race and civil rights movement. B. Harlem Renaissance The Harlem Renaissance began as a result of changes that had occurred in the African American community since slave was legally abolished. These changes were further hastened by the outcome of World War I. another catalyst to the movement was the great social and cultural changes that occurred in early 20th century in the United States. Industrialization was attracting people to urban areas from the rural areas and as a result, this gave rise to a new mass culture. Some of the contributing factors that lead to the Harlem Renaissance were the First World War, which had produced new industrial employment opportunities for hundreds of thousands of people and the Great Migration of African Americans to northern cities in America. This in turn led to the concentration of ambitious people in areas where they could hearten each other. Thus, the movement emerged stronger and more determined than ever. Harlem is a section of New York City. In the early 1900s, mostly in the1920s and early 1930s, African American literature started to thrive in Harlem. The New Negro movement, the New Negro Renaissance, and the Negro Renaissance were names referring the African American movement that was aimed at fighting for the blacks rights in America. This movement came forward towards the end of the First World War in 1918. The Harlem Renaissance marked the crucial moment in American history when the mainstream writers and critics took African American literature seriously. This is because; they realized that African American literature and arts was gaining significant attention from the world as a whole. Although it was mainly a fictional movement, it was very much related to progress in African American theater, music, politics and art. The Harlem Renaissance seemed to be the best of times for America to recognize and appreciate the African American people. The Harlem renaissance main objective was to fight for equality. However, once the great depression came about, the Harlem renaissance collapsed. Conclusion The election of Barrack Obama as a US president was a major milestone in the history of the United States. Being an African American, it was the peoples way of telling the world that the end of the dark ages of racism in America had come. People like martin Luther King Jr. dreamt of the day all Americans would accept each other and learn to live together in harmony. Finally this dream is slowly becoming a reality. Racism is a global harm on society, yet with persistence equality can be made.

The Second Amendment of the Constitution Essay -- 2nd Amendment Constit

The Second Amendment   Ã‚  Ã‚  Ã‚  Ã‚  Ã¢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.†   Ã‚  Ã‚  Ã‚  Ã‚  This timeless phrase, the Second Amendment of the United States’ Constitution, is an enduring example of the principles and ideals that our country was founded on. With this statement, the founders of this country explicitly and perpetually guaranteed the American individual the right to keep and bear arms. An incomparably crucial element of this country‘s origins, the Second Amendment and the rights it guarantees have proved vital to the growth and success of our nation.   Ã‚  Ã‚  Ã‚  Ã‚  The Second Amendment has often been the subject of debate, and over the years varying speculations and interpretations of its intended meaning have forced this significant phrase into a controversial spotlight. Many Americans question the importance and legitimacy of the Second Amendment, claiming that it is outdated and invalid. An increasing number of people feel that the Second Amendment should be fully eradicated from the Constitution, and new restrictions outlining firearm ownership should be implemented. Furthermore, in addition to questioning the validity of the phrase, many people question the literal meaning of the Second Amendment. Through critical analysis of the text itself, including tedious speculation of grammar and punctuation, many ...

Political Correctness Infringes on our First Amendment Rights Essay exa

Political Correctness Infringes on our First Amendment Rights Political correctness has become increasingly obvious in our daily lives. For example, the other day I attended the first meeting of the Frisbee Club here on the State University campus. During the meeting, we were discussing the fact we wanted shirts for this year, but we did not know what slogan to use. While in the brainstorming process, the slogan â€Å"Suck my disk† came out. At the time, the slogan â€Å"suck my disk† seemed to be better than sliced bread to a bunch of college guys. But as we were wrapping up the meeting, one person came out and asked, â€Å"How appropriate do you think this slogan is if we want to have a Frisbee clinic with the high school? I think parents will be a little apprehensive.† It was also brought to our attention that Silk Screen, the local store that prints different images and slogans on clothing, has a policy that refuses politically incorrect slogans. There seems to be a generally accepted concept in society that often makes us think three to four times before we speak. This concept ...