Internationl Business Law Essay Example | Topics and Well Written Essays - 750 words

Internationl Business Law - Essay Example Millions of dollars were also spent to pay up third parties that implicated embezzlement. It was found that there is an atmosphere of tolerance and even the company’s cultural acceptance of the practice in all levels of the corporation. There has been a systematic implementation of this scheme that engaged the members of the organization (ibid). There was a failure by the internal safeguards of Siemens to clean up their business adequately in time prior to the case filed by the SEC to their disadvantage. The main issue encompass the acts of the company in violation of the Foreign Corrupt Practices Act of 1977 (FCPA) under the United States federal law which punishes bribery of foreign officials. This is in relation to the thrust of the Securities and Exchange Commission to regulate businesses under its jurisdiction. Specifically, the provisions of Sections 30A, 13(b)(2)(A), and 13(b)(2)(B) of the Exchange Act were violated (ibid). The court found in favor of the SEC and grante d the highest settlement in this particular area where Siemens has offered $1.6 billion in payment for the fines and disgorgement provided under the law. Out of which, $350 million will go to the SEC in disgorgement, $450 million in criminal fine to the Department of Justice, about $569 million as fine to Germany’s Office of the Prosecutor General in Munich. This is apart from the approximately $285 million Siemens has already paid in 2007 to the Prosecutor previously mentioned (ibid). In the end, the SEC and the State together with the German government won this case through an amicable settlement by the plaintiff and defendant. This is a good manifestation of the gravity of the battle against foreign bribery as a matter of policy showing the best possible sign of its effectiveness. This was an ideal scenario where the company has offered on its own a significant sum to rectify its deeds. The willingness of the Siemens to settle, granted that $1.6 billion is already a sizabl e sum, brings to question the actual extent of the profit that they may have acquired through these dubious dealings. Further raising doubts is the fact that there are many countries involved in the transactions investigated by the SEC. Upon scrutiny of this case and the outcome, it is immediately apparent that the United States and Germany got the best end of the bargain. It must be noted that there are a number of other countries who suffered with most of them developing countries. It brings to mind the question of what the others will get out of this case and will they benefit from Siemens’ mea culpa. 1. How do the Siemens’ penalties relate to the caps on fines discussed earlier in this chapter? Fines are a form of sanction on companies to deter them from committing offenses and grave abuses to the expense of others. The penalty imposed upon Siemens is a glaring example for others not to follow suit on the ill practices that they have previously engendered as a comp any culture. The likelihood of a significant fine that

Nuclear proliferation in North Korea Essay Example | Topics and Well Written Essays - 2500 words

Nuclear proliferation in North Korea - Essay Example In assessing the constitutionality of North Korea’s nuclear schedule and possible US reactions, below are the several universally identified origins of international statute that may have application: International conventions, whether universal or specific, developing policies clearly distinguished through the disputing governments International custom, as proof of a universal exercise allowed as statute The collective conventions of statute identified through civilized countries Subject to the requirements of Article 59, court conclusions and the philosophies of the majority of the greatly eligible publicists of the different countries, as supplementary ways for establishment of policies of statute. International conventions An example of a convention that applies particularly to nuclear weapons is the Non-Proliferation Treaty (NPT). North Korea became a party to the NPT in 1985 and departed during January 2003. NPT Articles 2, 3, and 10 have in total possibly had infringeme nt through North Korea. Article 2 requires: Each government, which is a member of the NPT, agrees not to collect any load from any of nuclear weapons or supplementary weapons. ... North Korean item for more enhancing uranium, a North Korean official accepted that North Korea â€Å"had remained following the establishment of nuclear weapons by the method of more uranium enhancement†. Despite North Korea finally attempting to deny this acceptance, the international society greatly overlooked these protective arguments and established the proof versus North Korea to be enough (Beres, 1994). To carry out deeds of nuclear terrorism, insurgent or revolutionary teams could need view to nuclear weapons, nuclear supremacy plants, or nuclear dissipate storeroom items. More proof of North Korea’s infringement of the NPT’s veto on producing nuclear weapons emerged in 2006 when, â€Å"North Korea carried out a secretive nuclear blast in the neighborhood of P’unggye†. This assessment heavily proposes that North Korea infringed the NPT’s veto on producing nuclear weapons whereas yet a member to the agreement since the assessment blas t illustrated that an enhancement schedule should have had progress for a long duration. North Korea has in addition possibly infringed Article 3 contained in the NPT. The Law of the IEAE â€Å"provides technological and monetary aid in the establishment of nuclear capacities for non-stipulated aims to Party Governments†. Moreover, the IAEA carries out examinations of Party Governments nuclear items to make sure that such items have no application for armed forces functions. No matter a government not remaining a member to the IEAE Law, the NPT orders that every member complete a protections treaty with the â€Å"IAEA†. In agreement with its duties found in Article 3, North Korea joined into the Protections Treaty with the IAEA on January 1992. Following the Protections Treaty, if North Korea always prevented examiners access

Antibiotics for Meringa Oleifera Research Proposal

Antibiotics for Meringa Oleifera - Research Proposal Example Taking antibiotics in their original plant form is still common especially among indigenous communities. This is mostly because some people do not trust pharmaceutical medicines, believing that they have added chemicals that could harm their health Furthermore, pharmaceutical drugs require a lot of procedures, which may be expensive for the average citizen. To minimize such expenses, some people prefer to take the antibiotics in their original plant form. Moringa is among the most commonly used plants. Moringa oleifera is a medicinal plant, belonging to the genus Moringa, and of the family Moringaceae. It is commonly referred to as moringa or drumstick tree. The plant has been significant for its medicinal values whereby almost its entire root, leaves and trunk extracts are used for medicine. It is a common antibiotic used to treat numerous health conditions. However, just like many other antibiotics, it can pose serious health issues to an individual with disseminated intravascular coagulation. Moringa oleifera is a prescription drug yet it is sometimes sold over the counter without a valid prescription. Some people will, therefore, take it in ignorance with the hope of curing their condition only to worsen it. Despite the multitude benefits of Moringa oleifera, there are some conditions of disseminated intravascular coagulation that can be worsened by the injection of the drug. Moringa is a tree plant that has been found to have medicinal value. It can treat several medical conditions as well as provide almost all the nutritional supplements that a person may require in a single serving. Despite its multiple benefits, Moringa may not be safe for use especially if one is suffering from certain conditions. Parts of the roots and leaves of Moringa have been found to have toxins that may damage somebody organs that may lead to paralysis or even death.

Zero Tolerance Essay Example | Topics and Well Written Essays - 2000 words

Zero Tolerance - Essay Example In Simon’s case, he had participated in contravening a company’s internet policy (Gerson, Parker, Volokh, Halloran, Cherkasky, 2006). Simon had utilized the company’s intranet to communicate with an unauthorized personality out of the network. The violation was gross since the company had sculptured clear conditions about the policy. This included clear indication of the relevant consequences. The management had notable controls in the same situation. To begin with, it laid a clear policy. This policy indicated that it banned use of the company’s internet and intranet in communication under unstated uses. The company also stated that unwarranted internet use and e-mailing could result into the termination of employment. In addition, the company employed strategic measures of terminating Simon’s tenure. The management made an indirect approach of firing Simon. This would be followed by an explanation of the act that led to the tenure termination. The re are controlling and coordination skills that are necessary in this situation. To begin with, it is vital that the company harnesses a proper communication channel. This is a system whereby each employee has adequate information about the company’s policies. In this perspective, the company can invest in an automatic e-mail system that updates on company’s policies and the consequences of breaching the provisions. Besides, meetings, between the management and employees, should be regular for physical information and discussion. In certain instances, zero tolerance policies might be stringent. In this sense, discussion can modify the policies to suit multiple scenarios. It is crucial that employees design and agree to zero tolerance policies. This would absolve the management from blame in cases of grim consequences to employees. The solution that the company employed had particular details. The management strove to strike a vital point in terminating Simon’s t enure. Companies would usually employ sane and rational employees. This means that it could apply formal means of communicating with an affected employee (Brooks & Dunn, 2009). Such communication would take the letter or e-mail method for information. Simon could not have possessed the option of not leaving the company. The use of guards was an informal sense of terminating Simon’s employment. It is devoid of modern managements skills since it seeks to be autocratic oriented. This is because the guards could have employed forceful means in case of resistance by Simon. Element of force is evident from the communication between the security officers and the management. The management was monitoring Simon’s reaction for an additional strategy. However, the company had a proper strategy of informing Simon. To begin with, this demonstrates of zero tolerance on certain violations. It also highlights that the other employees should educate themselves of company’s polic ies. However, the company can utilize other strategies. This pertains to drawing the same sense on a company’s reputation. The vital element in zero tolerance policies should regard their intentions. Zero tolerance policies should seek to highlight the sense of certain behavior. This is different from the focus of merely humiliating employees. Policies should concentrate on processes rather than the consequences of the same. In this view, the company could have employed an alternative strategy of terminating Simon’s benefits. Termination of benefits could achieve the orientation of the breach. In case of an internet’s condition, Simon could have been barred from the connection. Besides, the company could lock Simon from accessing certain information. Additionally,

The Importance of Marketing for Business Essay Example | Topics and Well Written Essays - 1250 words

The Importance of Marketing for Business - Essay Example But Nike’s marketing success has more to it than just promotional hype. Nike gives its customers far more than just good sports gear. They make sure the customer doesn’t just wear his Nikes, he experiences it. Nike doesn’t just market sports shoes or athletic wear; it markets a way of life (Kotler). The Nike examples proves that through smart and innovative marketing businesses can create value for customers, build strong customer relationships and capture value from them in return. The importance of marketing to businesses: Helps businesses create value for customers: Marketing helps a business in creating value for its customers. Most companies today implement customer driven marketing strategies which allow them to create value for target customers. The process can be better understood through the following diagram: 1 Companies today identify and select marketing segments, develop products and marketing programs targeted to each and focus on the buyers who hav e more interest in the values that they create the best. They then decide on a value proposition by differentiating the market offering and positioning it in the minds of the target customers. Helps businesses create lasting relationships: The customer relationship management part of marketing is about maintaining and building profitable business relationships by delivering superior customer value and satisfaction. Just as companies are being very choosy about which customers to serve, they are serving the chosen customers in a more lasting way. Marketing today has become an art of finding, retaining and multiplying profitable customers Relating Directly: Apart from helping companies connect more deeply with their customers, marketing also helps companies connect to customers more directly. It helps customers buy virtually everything without going to a store through telephone, online, mail order catalogs etc. In fact, such has been the success of direct marketing that some companies such as Dell only use the direct channel to sell their products (Kotler). Social CRM: Marketing also helps businesses build strong, lasting and profitable relationships with customers through social media. The benefits that businesses achieve by effective use of social media are: 1. By effective use of social media companies can quickly build a network of core customers and supporters (Richardson). The feedback that loyal customers can provide is extremely valuable to businesses and can sometimes lead to major improvements in how a business offers a product or a service. Networks of loyal followers such as these can also help the company find new customers by referring the company’s product or service to others if they are pleased with what they have found. 2. Social media also helps a company attract more traffic to its website. The more traffic the company’s website continually obtains, the higher its ranking grows amongst the search engines (Richardson). High ranki ng with the search engines, in turn, helps the company attain better online exposure and visibility. More traffic to the company’s website also helps the company spread information about new products and services quicker 3. Apart from attracting useful feedback social

Platos Republic and Modern Day Totalitarian Politics Term Paper

Platos Republic and Modern Day Totalitarian Politics - Term Paper Example In the contemporary society, every individual identifies themselves to political legitimacy while, elected leaders believe their election provides them with a political mandate, and also legitimacy. Conversely, authoritarian leaders or politicians believe their decisions are in line with citizen’s interest and suggest their rule only prevails until the citizens can take over. Hence, when viewed in popular discourse, it can be said that authoritarians too claim that their legitimacy is depended on a popular mandate. Most leaders, and especially dictators often reiterate that their acts are not against the popular legitimacy. Plato is viewed as being anti-democracy, and among the originators of the school of thought of totalitarianism. Plato himself believed it is ideal to appoint one supreme guardian also referred to as, the philosopher king (Michels 522). This according to Plato should be individuals withholding proper education and is competent to implement legislative polici es. Further, as reiterated by Plato, the philosopher king needs to be someone incorruptible as a result of his own desire being, knowledge. The Republic described by Plato presents various dialogues between Socrates and other observers in regard to political theory resonating with a just state. Plato never believed in democracy and focused on a perception that not every individual in the society had the ability to make wise choices or decisions. As stated by Socrates, the Platonic principle revolves around a few people within a just city considered possessing wisdom. Further, the Platonic principle suggests that the majority should place their trust in the few people whose desire is truth and wisdom, to provide leadership. In addition, such people are considered to be rational, and as a result, provide a ruling cadre that is just, and ensure the city that they rule is also just (Michels 526). According to Plato, Justice is not a tenet for the ruling within a capitalist society, and contribute minimally within a democratic republic. Plato never admired or believed in money since he regarded its power as corrupting the mind. Plato believed the society would exist in harmony without the presence of money. When a question was raised in the Republic of how the city could protect itself, yet there is no money, Socrates responded that the neighbouring cities would come to their aid if promised what remains after a war. In the world today, as part of advancing democratic principles, war is seen as a source of amassing national wealth. In essence, leaders who are motivated, not by justice often find means for rationalizing their immoral actions and use the ends for purposes of justifying the means. As a result, The Republic advocated for a view where morality should outweigh rationality (Brooks 51).The Plato’s assertion of leaving power into the few chosen who have the wisdom and desire to make the right choice can be associated with the emergence of totalitaria nism in the modern world. Individuals gain power today and form a belief system that power is a reserve for a few and establishes a dynasty, as a result. A number of governments across the world that today practice a totalitarian rule push their way into power as a result of popular consent from the population believing in their ability to make wise choices for the benefit of the entire population.  Ã‚  

News Summary Assignment Example | Topics and Well Written Essays - 250 words

News Summary - Assignment Example Now, several companies with presence in Bangladesh including Esprit Holdings, Fast Retailing and Zara parent  Inditex  SA have signed five-year contracts implementing third-party safety inspections of buildings to ensure their compliance with the safety standards. Likewise, companies like H&M are also looking into increasing the wages of the workers, saying that workers should be able to live on their wages. This means that manufacturing cost will be higher, which is favorable to the workers but not to manufacturers and consumers. Nevertheless, the move has started yet there are no reports whether prices of products will increase with the ongoing changes. Despite the move of several Western companies, the report says that only up to 25 percent of the factories have complied with the said action. This means that 75 percent has not yet done its part and those factories could be expected to add up to the number of fire incidents in Bangladesh. Therefore, Geoffrey Crothall, spokesman for China Labour Bulletin suggests that the government should take the matter seriously and take the responsibility of inspecting buildings and looking into the welfare of their own people. Chiu, K. (2014). Western brands rethink low-cost focus. Retrieved January 27, 2014, from