Ethical Challenges Of Ethical Business Practices Essay

Ethics There are many challenges of ethical business practices in a non-ethical world. While some businesses do well, and are considered ethical there are some businesses that are highly questionable. As one can see through the news media some companies are so unethical, congress gets involved. Ethics are complicated enough for an individual, however, in a corporate setting the stakeholders are hoping for the multitude of people to share the same values in order for an organization to function properly and be successful. It only takes a few employees in an organization to produce irrevocable damage to a business. People are faced with ethical dilemmas every day. How, each person reacts to a situation will vary depending on their own ethical values. However, in a business the stakeholders depend on the fact that the employees that are working for a corporation would have a good set of moral values. A stakeholder is anyone who has interest in an organization such as the stockholders, employees, customers, community, and even creditors. Each one of these entities has something to lose from unethical behavior. The stockholder will loss if the stock value drops, employees can lose their jobs and customers can receive poor quality products. The community would suffer economic decline and unemployment of the local residents which would take money away from the community, and the creditors would lose the principal and interest payments for loans they have given the businessShow MoreRelatedEthical And Socially Responsible Business Practice1662 Words   |  7 PagesIntro This essay will examine in details the challenges, limitations faced by corporations and the strengths that are drawn from their ethical and socially responsible business practice. In today s business world, it is difficult for corporations to define what is regarded as a responsible business practice in the areas of ethical and social responsibilities. The hallmark of a good company is to maintain a strong ethical practice, values, policies and social responsibilities that guides its conductsRead MoreEthical Decision Making A Good Corporate Social Responsibility938 Words   |  4 PagesCritics say that believers and employees may be happy with the policy, but the store is losing business to competitors who remain open on Sundays and for longer hours. This might be true but it is not important to Mr. Green who contends that some things are more important than money. Green’s family Christian beliefs remian embedded throughout the business with no plans to change (Green, n.d.). Ethical decision making can protect the interests of shareholders and stakeholders because it demonstratesRead MoreEssay on Uop Ethics/316 Week 5 Cross Cultural Perspectives1340 Words   |  6 Pagesto similar ethical scenarios. Beekum, Stedam, and Yamamura (2003) suggest these differing conclusions will lead to conflict where one side perceives the outcome is ethical whereas the other does not. Another possible outcome is that one side may not even see a decision even being morally significant. Global organizations have the additional challenge when operating within a multi-national environment of recognizing cultural differences while maintaining a core moral and ethical foundation. Read MoreImportance Of Business Ethics On Previous And Current Literature Essay1459 Words   |  6 PagesImportance of business ethics in previous and current literature Previous Methodologies used for Studying Business Ethics Majority of the literature reviewed relied heavily on questionnaires and surveys as the chosen methodology. According to Rowley (2014), questionnaires are the â€Å"most widely used means of collecting data† (p. 308). However, when designing a questionnaire or survey researchers should consider the type of questions being used, sensitivity of questions asked, content and lengthRead MoreEthical Leadership Debate1654 Words   |  7 PagesStatement Seminar Four: Ethical Leadership Debate Guiding Reflective Question | Student Reflection | What was the definition of ‘ethical leadership’ adopted by the participants in the debate?What is the role of the directors as envisaged by Codes of Corporate Governance and wider society?Are these expectations consistent with the ideas of ethical leadership? | The four characters, Mike, Jan, Mei-Hua and Deshi were portrayed as individuals with starkly differing views on ethical leadership. Mike believesRead MoreShould Prostitution Be An Illegal Business?1533 Words   |  7 Pagesopponents insist that prostitution should be an illegal business because it is unethical. The commercial sex effects and its nature elicit divided opinion because legalizing prostitution as a trade affects its characteristic as a gendered institution and social nature. A section of the society perceives prostitution as an unequivocal exercise of patriarchal control over women. The opponents of legalized prostitution business argue that the business is intrinsically sexually violent, which impl ies thatRead MoreEthical And Socially Responsible Business Practice Within A Business Case1388 Words   |  6 Pagesstrengths, limitations and challenges of ethical and socially responsible business practice within a business case of my choice – ALDI Supermarket. Introduction In April (ALDI) over took Waitrose at the UK’s sixth-biggest supermarket with 5.3% of the market share, and aiming to increase its UK workforce to 35,000 by 2022 (ALDI) is going from strength to strength, is excessive profit earning related to this business applying an ethical and socially responsible business practice? This essay aims to exploreRead MoreEthical Implications Of Ethical Issues Essay1147 Words   |  5 PagesEthical issues are becoming very essential and critical topic for examining the organization’s performance. According to Chang, (2011) nowadays, every organization has realized the vitality that ethical functionality gives to a business and need of attention to this emerging responsibility of organizations. 1.1. Growth and Ethics Consumer’s Perspective According to Shaw and Shiu, (2003) the concerns for ethical issues have been well documented in the ethical literature. They showed that thereRead MoreGlobalization And Its Effect On Employment Relations1694 Words   |  7 PagesBackground Literature Review While, there is variety of definitions, the most simplistic is that ‘business models’ describe how companies conduct their business, create value, and generate revenue (Boselie 2010; Breiby Wanberg 2011). With the rise of neoliberalism and globalization, companies such as Enron, Wal-Mart, Lemon Brothers, etc., tells us horror stories of unethical business conducts that ultimately affects all stakeholders involved, including national economies (Lissack RichardsonRead MoreEthics in Marketing Communication1082 Words   |  5 PagesEthical Challenges in Marketing Communication Ethics play an integral role in the development and sustenance of any personal or business relationship. Ethics determine the acceptable behaviors within a society and the overall behaviors of a business. Marketers must understand the impact ethics have on marketing communications and develop Integrated Marketing Communication (IMC) strategies accordingly. This paper will discuss various ethical challenges facing marketers today, identify internal

Analysis Of John Milton s Paradise Lost - 1767 Words

During the mid to late 1600s, England was going through a period of change and controversy. This period of change was brought on as a result of the English Civil War and the government put in place afterwards, the Protectorate. Under the Protectorate, Oliver Cromwell, a military commander against the king during the civil war, was able to disguise his military dictatorship as a commonwealth. It was this government that won the support of the writer John Milton. Milton was known for his rhetorical writings against Charles I and for Oliver Cromwell at the time. It would not be until after the fall of Cromwell that Milton would complete his greatest work of literature however. When the Protectorate fell and Charles II rose to power in 1660, Milton was forced into hiding for fear that he would be punished for his involvement with Cromwell. This would actually benefit Milton for it was when he was in hiding that he was able to complete his great work, Paradise Lost, even though he was bli nd. In Paradise Lost Milton recants the tale of Satan’s struggle, after being exiled from heaven for leading a revolt against God, and the lives of Adam and Eve. Throughout the epic, Satan journeys to both Earth and Eden in attempts to ruin all that God has worked to build. What Satan is unaware of however is that God knows all that he is doing and allows him to continue on his quest. This raises the timeless inquiry as to whether or not we possess free will and if so to what extent are theShow MoreRelatedAnalysis Of John Milton s Paradise Lost 1852 Words   |  8 Pagesliterary merit. Do not merely summarize the plot. (2010 AP Literature and Composition) Disobedience and Exile an Analysis of Satan from Milton’s Paradise Lost John Milton’s epic poem, Paradise Lost, has been the subject of criticism and interpretation through many years; these interpretations concur in that Adam and Eve are the sufferers of the poem, and it is their blight to lose Paradise because of their disobedience; however, their exile is merely a plight brought by Satan, and it is he who suffersRead MoreAnalysis Of John Milton s Paradise Lost Essay2201 Words   |  9 PagesEve’s story arc in Paradise Lost, by John Milton, is a bildungsroman, the German word for a â€Å"novel of education.† Eve develops through the five stages of a typical bildungsroman character, as demonstrated by several different works from the genre. It will be useful to discuss several different bildungsromans from different eras and regions to fully determine the necessary characteristics of a bildungsroman, like The Odyssey, To Kill a Mockingbird, David Copperfield, Adventures of Huckleberry FinnRead MoreAnalysis Of John Milton s The Of Paradise Lost 1122 Words   |  5 Pageshumankind could be considered heroic according to well-known author John Milton. Book IX of Paradise lost portrays this sense of heroism through the sins of Adam and Eve, but also creates a sense of controversy through the unexpected personality swap between Satan and of God. This literary work is a major contribution to biblical and literary history; therefore a reason why this work is still read today. The poem must turn tragic, and Milton asserts his intention to show this great fall is more heroic thanRead MoreAnalysis Of John Milton s Paradise Lost 1499 Words   |  6 Pagesbeing, an epic hero if that being has done what is required. In John Milton’s, â€Å"Paradise Lost†, the character of Satan presents itself as an epic hero, Milton tests that the character of Satan forces the reader to consider the possibility that Satan may actually be a hero, or at the very least, a character worth seeing in a more complex light. This along with the following examples are all showing how the character of Satan in â€Å"Paradise lost†, can be view and is viewed as an epic hero thought the novelRead MoreAnalysis Of John Milton s Paradise Lost 1071 Words   |  5 Pages Writing AP Exam Essays Advanced Placement English Literature Composition Name Juan Linares Major Work Data Page Paradise Lost Writer/Nationality John Milton/ UK 1608-1674 Theme/Meanings of the work as a whole Disobedience plays a key role in the unfolding of Milton’s poem. Satan disobeys God because God gave him free will, and causes Eve to disobey Adam, to disobey God. Justification of God. Death must happen to the world but because of the Son, DeathRead MoreAnalysis Of John Milton s Paradise Lost 1035 Words   |  5 PagesSatan is the first figure to speak in Milton’s poems in Paradise Lost. His words to Beelzebub are the sort of utterances a politician would make to his party members after a defeat. It combines convincement with the virtue of emotional manipulation. Satan’s words shift like a dream from expression of grief and sympathy to the restatement of united defiance, to which Beelzebub replies unconsciously. Milton creates this shift so subtly that it is hardly noticed and highlights through this that theRead MoreAnalysis Of John Milton s Paradise Lost 869 Words   |  4 PagesIn his epic, Paradise Lost, Milton entertains the reader with his version of how one of the greatest falls of humanity occurred. Although many would consider God or Adam and Eve as the main characters in a story like this, the main character of this epic is truly Satan. Satan is shown as a strong and powerful character who is completely overwhelmed with emotions which create a type of hell in his mind; even when he is in heaven, he cannot escape his true life. Satan’s desire for vengeance on God’sRead MoreAnalysis Of John Milton s Paradise Lost 1606 Words   |  7 PagesIn books one, two, four and nine of Paradise Lost, Milton portrays Satan as heroic, introducing freedom and reason to the minds and lives of humanity. Satan allows his subservient fallen angels, as well as Adam and eve to recognize authority, reason and the true meaning of freedom. The beginning of the story is told through Satan’s point of view, making him the first empathetic character the reader is introduced to. From the very beginning of Book One, Satan explains how him and other fellow angelsRead MoreAnalysis Of John Milton s Paradise Lost1442 Words   |  6 Pages(Name) (Instructor) (Course) (Date) Heroism in John Milton’s Paradise Lost There are many definitions of a hero, and establishing the hero in John Milton’s Paradise Lost has been object to scholarly debate. One definition of a hero is that by Aristotle, who defined a hero as a person who is divine and superhuman. However, other definitions encompass the aspect of virtue in heroism. Despite all the definitions for a hero, it remains factual that a hero would be someone that the readers would delightRead MoreAnalysis Of John Milton s Paradise Lost 1253 Words   |  6 Pages Students often read John Milton’s works with great difficulty; he is determined to have his audience know his goals and how important his writing is through epic metaphors and masterful language. In Paradise Lost, he tells his audience that this will the epic to end all epics and that this is the most important tale of all mankind: the fall of Man. Comparatively, Alexander Pope used the same style of epic not to tell an important tale, but to question much of the life of ar istocracy in his time

Marriot Corporation the Cost of Capital - Free Essay Example

Sample details Pages: 3 Words: 861 Downloads: 2 Date added: 2017/09/20 Category Business Essay Type Analytical essay Did you like this example? Marriot Corporation : the Cost of Capital. In front of Dan Chores is the issue of recommending three hurdle rates for each of Marriott Corporations three divisions, which have significant effect on the firms financial and operating strategies as well as its incentive compensation. Marriott Corporation had three major lines of business: lodging, contract services and restaurants. Also Marriott had its growth objective, to remain a premier growth company. The four components of Marriotts financial strategy are consistent with its growth objective. Managing hotel assets multiplied the total worth of hotels than otherwise owned by it, thus increased EPS. Optimizing the use of debt in the capital structure, based on a coverage target instead of a target debt-to-equity ratio, also increased EPS by reducing the amount of equity at the maximum level. Repurchasing undervalued shares functioned similarly via replacing part of its shares by cheaper debt financing. Only investing in p rojects that would increase shareholder value required that projects meet the hurdle rates and be audited through their lives. Marriott used WACC to measure the opportunity cost, i. . the hurdle rate, for the corporation as a whole and for each division. In both circumstances, three inputs, debt capacity, debt cost and equity cost are needed. At the firm level, we get the debt capacity of 60% from Table A. The cost of debt is weighted average cost of its overall loan interest rate. Short-term debt for its restaurant and contract services divisions and long-term for its lodging division. Lodging accounted for 51% of its profits, therefore it can be estimated that lodging division used about 51% of its whole capital. Same with contract services of 33% and with restaurant division of 16%. Thus, the overall cost of debt =51%*74%/57. 66 %*( 8. 72%+1. 10%)+33%*40%/57. 66 %*( 6. 90%+1. 40%)+16%*42%/57. 66 %*( 6. 90%+1. 60%) =9. 34%. The cost of equity is the expected return of the equit y. We compute that by using CAPM model. Expected return = Risk free rate + ? *(market return – risk free rate). The risk premium should be calculated by using holding-period returns, as 9. 90%-3. 48%= 6. 42%. Then we can compute the cost of equity is 3. 48%+0. 97*(6. 42%) =9. 71%. According to Exhibit1, 1987, we calculate the tax rate by dividing income tax over EBIT. $175. /$398. 9=44%. Then we can calculate the firm’s WACC = (1-44%)*(9. 34%)*60%+9. 71%*40%=7. 02%. Therefore, projects with expected return below 7. 02% should be rejected if we only recommend a single and solitary hurdle rate. If doing so, we would ignore the difference between business line and probably accept projects with too higher risk relative to its comparable or reject projects with appropriate risk in its business. For each division, the calculation of hurdle rates needs specific debt capacities, cost of debt and cost of equity consistent with the amount of debt. We get debt percentage, 74%, 40% and 42% in capital in Table A. The cost of debt for each division is the government interest rate plus rate premium: lodging: 8. 72%+1. 1%=9. 82%(long-term), contract Services: 6. 9%+1. 4% =8. 3%(short-term) and restaurant: 6. 9%+ 1. 8%=8. 7% (short-term). To estimate the cost of equity, we need to compute the beta of equity for each division using comparable companies. As the betas of debt were not provided, we made 2 assumptions: a. same business lines have the same beta of debt; b. Expected return of debt = Rf + ? *[E(Rm) – Rf*(1-T)] (Rf: risk free rate, E(Rm): expected return of equity market, T: tax rate). Here Rf is the interest rate of T-bill in 1987, E(Rm) is the geomantic average of S;P 500 return from 1926 to 1987, T is as same as the tax rate used by Marriott. ?b of lodging: -0. 077, ? b of restaurants and contract services: -0. 0246. We chose La Quinta Motor Inns (pure lodging business) to compute ? 0 of Marriott’s lodging division. We chose the averag e of Collins Foods International, Luby’s Cafeterias, McDonald’s and Wendy’s International’s ? 0 as ? of Marriott’s restaurant division (these four corporations all operated pure restaurant business). The formula to compute the beta of equity is: ? s=? 0+1-TBS[? 0-? b]. After computed the beta of equity for lodging (l): 0. 126 and restaurants(r) divisions: 0. 747, we can use the whole corporation beta of equity, that is . 97, and the weight for three divisions to get the beta of equity for contract services (CS). ?s(CS)=[? s(Marriott)-? l s(l)-? r s(r)]/? cs. The weights for lodging, contract services and restaurants are the same as computing the cost of debt. The result is ? s (CS)=1. 924. To use CAPM to calculate the cost of equity for each division, the market premium should be decided. For lodging, the geometric average of the spread between S;P500 and T-bill rates is used because the compounding effect should be considered when the time inte rval is large. For restaurant ; contract services, because only 1-yr returns of equity and debt are considered, arithmetic average of the spread between S;P500 and T-bill rates is used to avoid underestimated bias. Below are the WACC for the three divisions. The costs of debt are from previous discussion. | lodging| Restaurant| Contract| | Market Premium for equity| 6. 42%| 8. 47%| 8. 47%| | Cost of equity| 8. 354%| 14. 44%| 20. 92%| | Cost of Debt| 9. 82%| 8. 70%| 8. 30%| | Cost of capital| 6. 241%| 10. 423%| 14. 410%| | The costs of capital are lower than 24% in all of divisions, indicated the growth of Marriott can fulfill all the required return from both creditors and stockholders. Though there could be the bias we added in when calculated the beta of debt and equity. Don’t waste time! Our writers will create an original "Marriot Corporation : the Cost of Capital" essay for you Create order

A World Without Morality By Sezlyn Petersen Essay - 982 Words

A World without Morality by Sezlyn Petersen In this paper, I will discuss Error Theory Nihilism and it’s relation to Moral Abolitionism. According to Richard T. Garner, the world would be a better place if we abolished morality by eradicating all objective moral truths. This means that the morals and values I’ve heard all throughout my life would become non-existent, and suggests that people should live their life without identifying things as right and wrong. However, this way of thinking is not necessarily a practical way to envision the world. A world without morality goes against hundreds of years of fundamental concepts that are carved into society, and it is a difficult one to imagine. My purpose is to explore whether or not morality should exist through the disastrous results argument, and if we should refute arguments viewed as â€Å"unjust or immoral† by saying it’s just wrong. Error Theory Nihilism fuels the concept that there are no objecti ve moral truths. There are three types of Error Theory Nihilism: Abolitionism, Fictionalism, and Exceptionalism. Moral Abolitionism claims that people ought to abolish morality, Fictionalism states that there is no morality, but there are consequences if people were to get rid of it. Lastly, Exceptionalism is the perfect balance between the two. The implications of accepting Nihilism are that you are only able to accept the facts, thus you will approach solving problems better. The error comes into play, based on the fact

Chocolate and Brownies Essay - 788 Words

29, October, 2010 Process Analysis Fudgy Brownies Are Better Baking brownies seems easy enough, but have you ever followed every step on the back of the box and weren’t happy with the outcome? I think we all have done that a number of times. If you want to know how to create the most amazing mouth-watering brownies keep reading. You and anyone who will get the pleasure of enjoying the brownies won’t be disappointed with your new and improved recipe. Start off by making a grocery list to purchase the items you do not have. The main ingredients are as follows: 1 small avocado, 1 cup brown sugar, 1/3 cup pure maple syrup, 2 tbsp sunflower oil, 1 tbsp ground chia seeds, 2 tsp vanilla extract, 2 tsp dark roasted coffee (or instant),†¦show more content†¦Stir in the chocolate chips, toss in a few extra if you’d like. Dump the mixture onto the baking pan, the batter will be extremely thick but do not worry, dipping your spatula into cold water will make it easier to spread out the batter. O nce your batter is the way you want it to be in the pan, place it in the oven and let it cook for 20-25 minutes and no more. The batter may be giving you mixed signals while cooking, but I know from experience how shocking it is that 25 minutes could cook it thoroughly considering how thick it is first going into the oven. Try not to open the oven too much while it is cooking, only check on it after about 20 minutes. While the brownies are baking is a great time to clean up the bowls and spatula you used. Let them soak in hot soapy water because the batter being so thick takes quite a while scrubbing to be completely clean. Also be careful not to make the water too hot, you don’t want to be dipping your hand into scalding hot water. It’s time! The oven has buzzed and you probably cannot wait to peek at your wonderful brownies. Be sure to get oven mitts to remove the dish from the oven, test the center of the brownies with a fork and as long as it comes out clea n they are fully cooked. It should come out clean, but if for some reason it hasn’t put them back in for no longer than 2 minutes. Nothing isShow MoreRelatedOur Target Market Is Mostly College Students1477 Words   |  6 Pages(Dylan, Cole) Bake Baked Goods and prepare Hot Chocolate (Henry, Jake, Ryan) Market and Sell Products. (Cole, Dylan, Henry, Jake, Ryan) Goal: Prepare 2 Batches of Cookies (120), prepare 4 Batches of brownies (48), and 2 Gallons of Hot Chocolate. Sell all products and maximize profits. Budget: One batch of homemade cookies will cost approximately $6.15. One batch of homemade brownies will cost approximately $3.14. One gallon of hot chocolate will cost approximately $4.88. This will make ourRead MoreEssay about How to Make a Chocolate Trifle715 Words   |  3 Pagesit is that I wanted to write about being that there are so many dishes and desserts that I have mastered throughout the years. One of my favorite, yet simple, desserts to make is a Chocolate Trifle. My trifles in addition to my pound cakes have become one of the most requested desserts to make. Making a Chocolate Trifle involves preparation and learning the language of the kitchen. Preparation can be the difference between success and failure so having the kitchen prepared is the first stepRead MoreBusiness Plan: Brownies4223 Words   |  17 PagesI. Nature of Business History A sweet chocolate dessert that has a history of different stories of origin but all pointing to being created around the mid 1800s. Brownies may have derived from chocolate cakes, becoming a denser and shorter version. Typically, a brownie is approximately 1 inch in height and since it is quite dense, it has a chewy texture that provides a very sweet flavor. There are a wide variety of different types of brownies made, all very similar in consistency and flavor. Read MoreWhat Is Top 5 Dessert Places In NYC1019 Words   |  5 Pageseyes widen as they spot the variety of cookie dough flavors ranging from Signature Chocolate Chip to Pumpkin Spice Blondie. My favorite flavors are the Signature Chocolate Chip, Confetti, and Sugar Cookie. The great thing is that each customer has the option of selecting up to three flavors. In addition to the delectable cookie dough, the shop also offers other cookie dough based treats and baked goods, such as brownies,cupcakes, and milkshakes. Most peopl e purchase additional pre-packaged cookie doughRead MoreSenior Prom Memories624 Words   |  3 Pagesto choose from - strawberry cheesecake, apple pie, and chocolate fudge brownies. The cool strawberry cheesecake had fresh bright red strawberries laying on top of the off- white, solid cream cheese bottom. The steaming hot apple pie was fresh out of the oven with its golden brown crust and golden colored apples encased in a checkerboard crusty top. Lastly, the fudge brownies were dark brown with pieces of walnuts poking out of the brownies as if sunken ships were trying to get out a sea of mudRead MoreHow Can You Make Brownies?2230 Words   |  9 PagesIntroduction We have to produce a product and then we have to sell it. This task needs to be done in groups. We cannot choose same product as the others. So my group has decided to make brownies as our final product. There will be two types of brownies – plain brownie and a brownie with sauce on the top. Brownies are so popular among the students. It is something that everyone likes. We have to make sure that our product is not same as the product of our competitors. The product will have a competitorRead MoreFeasibility Study of Malungay865 Words   |  4 Pages * Latte * Mocha * Cafà © Americano * Espresso * Brewed Coffee * Chocolate Cake * Mocha Cake * Carrot Cake * Cupcakes * Black Forest Cake * Cookies * Brownies * French Fry * Fried Dumpling * Chicken nugget * Watermelon shake * Four Season shake * Cookies and Cream Shake * Ripe mango shake * Green Mango shake * Ube shake * Chocolate Shake Demand Coffee Circus is the shop that provide product of coffee and pastriesRead MoreMy First Grade Class - Original Writing804 Words   |  4 PagesToday I was going to cook brownies for my whole second grade class. I get to do it all on my own! Mom taught me how last night and I memorized the whole process. The second I burst through my doors i flew into the kitchen to get busy. Everything was on the counter and I have never been more thrilled. It was my birthday tomorrow and i was going to make the most amazing chocolate delights. I rolled up my sleeves and washed my hands. I poured the brownie mix everywhere, luckily most of it got intoRead MoreRead Case #26- Greyston Bakery: the Zen of Philanthropy (Pages 453-455)780 Words   |  4 Pagestwo men were different in that one had more corporate business experience than the other. More specifically, William Mistretta had about 25 years of experience in corporate when he became CEO of Greyston. In comparison, Walls had only worked in a chocolate company and served on the board of Greyston as a marketing director. In my opinion, the transition from Walls to Mistretta should be a smooth transition for the corporation. According to the text, Walls strongly valued a task-oriented system basedRead MoreProject Management1737 Words   |  7 PagesSomewhereville, Texas. The business is a coffee shop located in Old T own, a newly renovated section of town, with antique shops and galleries along the main street. We will specialize in coffee, tea, cappuccino, frozen cappuccino, and homemade cookies and brownies. There are no other shops that only serve coffee in Old Town, the nearest being over five miles away. Our target audience is intellectuals/artists/writers. Currently, there are no places in the surrounding area that cater to artists and writers.

Juridical System Been Maintained Properly †Myassignmenthelp.Com

Question: Discuss About The Juridical System Been Maintained Properly? Answer: Introduction: In the common law system, the main object of the Court of Justice is to ensure the juridical system has been maintained properly. In the early stage of the common law system there were some professional representation conducted before a judge[1]. The main objective of the judicial system is to prevent the offenders by imposing certain penal provisions on them so that the other members of the society do not engage themselves in crime. However, it was stated by certain legal practitioner that the consequences of judgment can either be beneficial to the society or it can be harmful. The beneficial effect is known as therapeutic jurisprudence. In this report, an approach has been made towards this system through a case law[2]. Court visit: I have had a court visit in the case of R vs Robertson (2017) QCA 164 and I have observed many things and gained personal knowledge that enriched my mind with certain steps regarding the Moot court practice. Accounting to Mr Byron, it is important to bring back the glory regarding the self representation and the process of legal jurisprudence should be amended[3]. In the above mentioned case, certain provisions regarding the arson what's the subject matter and the kiss was tried before the judge of the Queensland. The citation of the case is [2017] QCA 164. The subject matter of the case is attempting arson along with certain other provisions of law. In this case the applicant was the Robertson who tries to set the fire at her friends place. The file number of this case is CA 43 of 2017. DC no. 465 of 2017 (new) and DC no. 2635 of 2016. The name of the presiding judge in this case was Atkinson J and Philippides JJA. The hearing date of this case was 27th April 2017. Case summary: This case is concerned with the attempt to arson in the territory of another[4]. The accused was preliminary heard before the Lower court and sentenced him for the period of 5 years of imprisonment. In the present case an apple has been made against the order of the Lower court. There are certain Grounds mentioned under the provision of law regarding the penalty profession of the judgement-based profession[5]. There are many cases references taken by the judges of the court regarding the same offence. In Silsack v Rhode (2017) QCA, arson had been done regarding the property of another and round word was finalized with the term of 5 years of imprisonment. However it was observed by the judges of the court that the scope of this case is quite different than the other cases. It is also been stated that the person has not done the crime arson. There was an attempt has been taken by the accused. In this case the applicant prayed for an appeal reduces the sentencing order of the Lower cour t. Role and contention of the judges: It was held by Philippides J. that it is the discretionary power of the judge to decide the terms of the sentence regarding any offence. It is clear from the confession this statement of the appellant that he was engaged in an attempt to arson. It is also stated by the judge that if there are sufficient proof regarding the matter that person who have Set Fire and the house of another or attempt to commit arson without affecting the whole parts of the building, the nature of the offence will be imposed under the purview of the serious conduct. It was stated by J. Philippidesthat the appellant had an intention to affect the interest of the landlord's house and to meet the intention successfully she had torched the house of the landlord[6]. On the other hand, as per the statement made by J. Atkinson, the provision relating to the punishment of arson is wide in nature. A mere confession of the appellant cannot held him liable for the sentencing up to the period of 5 years or more. Atkinson was taken help from some presidents of the case of similar nature and state that in the act of arson, is there was no sufficient proof that leads towards the subject that the wheel of the offender was to destroy the house properly, the period of sentencing should not exceed the term of 3 years. In this case it has been observed that the lower Court has failed to analyse the various prospects of the case and therefore ordered for a sentence of 5 years. It has also been call attended by justice Atkinson that the Lord has failed to provide any profession order or intensive correction order and therefore the lower Court has to complete the rules that is mentioned under section 160 B 160 C or 160 D of the punishment and sentencing Act 1992[ 7]. As per the statement made in the sections it is the right of every offended to get a payroll when the terms of the sentences 3 years or less than 3 years. However, J Atkinson stated that the ground of appeal in this case is not revocable in nature and the jurisprudential mentality of the Lower court is sufficient regarding the sentencing procedure of the case and their food the appeal in this ground was held dismissed. Characterisation of the case: In relation to Mischaracterisation of applicants criminality contention is the judge erred by characterising the intention of the applicant as trying to torch the house, when instead her intention was just to throw a lit phonebook onto a tiled floor to create a mess, harass, and cause financial detriment. Atkinson J accepted the trial judge used it merely to mean set fire rather than to destroy[8]. It was agreed by the judge that it was a serious offending. The judge was convinced that the trial judge adequately set out his sentencing remarks. Atkinson J provided that the trial judges approach is entirely orthodox in relation to procedural fairness. The judge provided that the trial judge had considered all option and then provided prison to be the last resort. In R v Johnson it was provided by Jerred J. that where there is no fraud or no danger to safety of others, arson head sentence should be 3 years[9]. The judge provided attempted arson should carry a less severe sentence than a rson. Her Honour proceeds to consider a list of cases and appropriate sentences imposed for arson and attempted arson to determine whether the trial judges imposition of a 2 and a half year head sentence was manifestly excessive such as the case of R v Heckendorf and Wong v The Queen (2001). Functioning of the court My experience in the court is quite pleasant in nature. The stops of the court on the court room were friendly. The judges were compassionate regarding the topic of the case and apply their wide judicial mind to come into the conclusion to the case. The relevant provisions of the case are section 460 of the criminal code as well as Section 4 of the criminal code. The definition of arson has been mentioned under section 461 and Section 4 of the criminal code has stated that the action taken by the accused regarding the offence that will be prosecuted if there is a there is a will regarding the ocean has been found. Jurisprudential approach regarding the case: It has been mentioned that the objective of the judicial system in Australia is not only to prevent crime, but to create certain positive impacts on the society[10]. The beneficial impact is known as the therapeutic jurisprudence. Professor David Wexler was coined the term for the first time. Therapeutic jurisprudence derives from the jurisprudential analysis made by a judge and it was suggested by the legal researchers that an attempt has to be taken to reduce the harmful effect of law through the right applicability of therapeutic jurisprudence. Therapeutic jurisprudence enhances the role of the lawyers and judge and an approach regarding the mental healthcare has been made by way of this. The role of the judges, police, witnesses are extended to diminish the harmful effect of legal figures. It requires solving a problem by interpersonal skills[11]. In this case, it has been observed that the accused was arrested for committing arson in the house of his land lord. However, when the matter was come before the court, the judges of the court had examined all the nature of the offence and analyse all the legal supplements to come into the final decision. It was held by the court that the person had made an attempt to arson and not had committed it. Therefore, certain beneficial effects have been created by way of the judgment. his approach has been taken from the aspects of the mental and emotional welfare of persons engaged with some legal process[12]. It helps to understand the originality of the case, whether the accused really did wrong or not. This approach also creates impact on the family members of the accused. Therapeutic jurisprudence is known as the clinical legal education. Conclusion Therefore from the above mentioned paragraph it is clear that in this case the accused has confessed the commission of the offence and there are other offences had been done by the accused. It is concept by the excuse that not only our son but he is engaged in the stealing and pawning of the things related to the landlord to harm his interest. Therefore, the appeal made by the Appellant regarding the reduction of the sentencing period is dismissed by the court of law. Reference: Davis, M.R. and Bennett, D., 2015. Future directions for criminal behaviour analysis of deliberately set fire events. The psychology of arson: A practical guide to understanding and managing deliberate firesetters, p.100. Dragiewicz, M. (2015). Family law reform and domestic violence: Lessons from Australia. InComparative Perspectives on Domestic Violence: Lessons from Efforts Worldwide(pp. 127-140). Oxford University Press. Every?Palmer, S., Brink, J., Chern, T.P., Choi, W.K., Hern?Yee, J.G., Green, B., Heffernan, E., Johnson, S.B., Kachaeva, M., Shiina, A. and Walker, D., 2014. Review of psychiatric services to mentally disordered offenders around the Pacific Rim. Asia?Pacific Psychiatry, 6(1), pp.1-17. Fine, A., Cavanagh, C., Donley, S., Steinberg, L., Frick, P.J. and Cauffman, E., 2016. The role of peer arrests on the development of youths attitudes towards the justice system. Law and human behavior, 40(2), p.211. Miller, H.V. and Barnes, J.C., 2013. Genetic transmission effects and intergenerational contact with the criminal justice system: A consideration of three dopamine polymorphisms. Criminal Justice and Behavior, 40(6), pp.671-689. Nelson, M. J., Hinkle, R. K. (2015). Crafting the Law: How Opinion Content Influences Legal Development. Papalia, N., Thomas, S.D., Ching, H. and Daffern, M., 2015. Changes in the prevalence and nature of violent crime by youth in Victoria, Australia. Psychiatry, Psychology and Law, 22(2), pp.213-223. Pooley, K., 2015. An analysis of youth misuse of fire in New South Wales. Redlich, A.D. and Han, W., 2014. Examining the links between therapeutic jurisprudence and mental health court completion. Law and Human Behavior, 38(2), p.109. Richardson, E., Spencer, P. and Wexler, D.B., 2016. The International Framework for Court Excellence and therapeutic jurisprudence: Creating excellent courts and enhancing wellbeing. Wexler, D.B., Perlin, M.L., Vols, M., Spencer, P. and Stobbs, N., 2016. Current Issues in Therapeutic Jurisprudence [1] Dragiewicz, M. (2015). Family law reform and domestic violence: Lessons from Australia. InComparative Perspectives on Domestic Violence: Lessons from Efforts Worldwide(pp. 127-140). Oxford University Press. [2] Nelson, M. J., Hinkle, R. K. (2015). Crafting the Law: How Opinion Content Influences Legal Development. [3] Davis, M.R. and Bennett, D., 2015. Future directions for criminal behaviour analysis of deliberately set fire events. The psychology of arson: A practical guide to understanding and managing deliberate firesetters, p.100. [4] Pooley, K., 2015. An analysis of youth misuse of fire in New South Wales. [5] Papalia, N., Thomas, S.D., Ching, H. and Daffern, M., 2015. Changes in the prevalence and nature of violent crime by youth in Victoria, Australia. Psychiatry, Psychology and Law, 22(2), pp.213-223. [6] Every?Palmer, S., Brink, J., Chern, T.P., Choi, W.K., Hern?Yee, J.G., Green, B., Heffernan, E., Johnson, S.B., Kachaeva, M., Shiina, A. and Walker, D., 2014. Review of psychiatric services to mentally disordered offenders around the Pacific Rim. Asia?Pacific Psychiatry, 6(1), pp.1-17. [7] Richardson, E., Spencer, P. and Wexler, D.B., 2016. The International Framework for Court Excellence and therapeutic jurisprudence: Creating excellent courts and enhancing wellbeing. [8] Redlich, A.D. and Han, W., 2014. Examining the links between therapeutic jurisprudence and mental health court completion. Law and Human Behavior, 38(2), p.109. [9] Wexler, D.B., Perlin, M.L., Vols, M., Spencer, P. and Stobbs, N., 2016. Current Issues in Therapeutic Jurisprudence. [10] Fine, A., Cavanagh, C., Donley, S., Steinberg, L., Frick, P.J. and Cauffman, E., 2016. The role of peer arrests on the development of youths attitudes towards the justice system. Law and human behavior, 40(2), p.211. [11] Miller, H.V. and Barnes, J.C., 2013. Genetic transmission effects and intergenerational contact with the criminal justice system: A consideration of three dopamine polymorphisms. Criminal Justice and Behavior, 40(6), pp.671-689. [12] Redlich, A.D. and Han, W., 2014. Examining the links between therapeutic jurisprudence and mental health court completion.Law and Human Behavior, 38(2), p.109.

The History of Money

Questions: 1. Do you think we should move away from using fiat money ( paper money with no commodity backing) to one backed by gold or silver? Why /Why not? What are the advantages and disadvantages?2. Would you be able to issue your own currency? Would it be legal? How would you go about it? What would be some of the key challenges? 3. Many Americans are concerned that the US dollar is headed for extinction (just as the Zimbabwe dollar did). Why are they concerned? Why has it not yet done so? Is it likely to do so in the future? Answers: 1. Moving away from the Fiat money No moving away from the fiat money is not an good idea because it holds certain type of advantages like it cannot be duplicated like gold money. In compare to gold /silver money, it is not a subject to society in the quantity (Alonso, 2001). Along with that gold money requires cost of production , labour and employees in order to mine the ore but the fiat money is cost efficient and requires no real productions. Apart from that, fiat money is easy to carry and has less affected if the theft has occurred (Artus, 2003). Fiat money presents the advantages to government in a ways that simply not possible under gold monetary regime. However, fiat money has limited access to nations but gold alone enjoys universal appeal and confidence to make it available for the larger and smaller settlements (Alonso, 2001). Besides that, gold does not require coercive law to enforce its use as money. The fiat money value has been decreasing every year and the price of the products is increasing but the price of the gold and silver is been increasing every year (Wiegand, 1984). 2. Challenges in Issuing own currency? Issuing own currency is not legal because it is printed by the federal banks or the apex bank of the nations who are given the permission from the government. Issuing own currency is one of the biggest challenges for the countries and nations (Gkogkozotou Asithianakis, 2013). One of the major challenges for the nations before issuing of the money are surplus liquidity in the domestic banking systems. The monetary policy of the nations is other major challenges in order to issue own currency is the growth in demand for notes for purchasing the goods and services. The notes cannot be issued without the permission of the Federal reserve System which operates national central bank which is compromise of governor, regional officers in order to issue the currency for the banks (Schnabel, 2011). Apart from that, demand notes must be able to represent the fist circulation paper currency by government of Australia. The currency must be able to satisfy the both the buyer and seller during the exchange of goods and considerations (Selgin, 1994). 3. US dollar are on the verge of Extinction Most of the Americas feels the whole economy of the bubble is one verge of collapse and biggest fraud of the paper currency is by the US $ is counting its last days because of the on verge the fiat currency has span of 28 years (Shi, 1997). The $ stretched that market about 43 years now. However, sign started showing 2000. By 2008 most of the people and the economies educating themselves the rise of fall of dollar has been started. In compare to the EU currency and the , it has been found that the dollar has fallen to a 15% year low (Weir, 2013). The threat of inflations via money printing is another major strategy by US which has backfire its currency value. Reference List Journals Alonso, I. (2001). Patterns of Exchange, Fiat Money, and Coordination. Advances In Macroeconomics, 1(2). doi:10.2202/1534-6013.1026 Artus, P. (2003). Local Currency or Foreign Currency Debt?. Revue conomique, 54(5), 1013. doi:10.3917/reco.545.1013 Gkogkozotou, V., Asithianakis, P. (2013). How University Hospital of Crete Succeeded in Decreasing Cytostatics Budget in 2012?. Value In Health, 16(7), A686. doi:10.1016/j.jval.2013.08.2036 Schnabel, J. (2011). Currency Mismatching. Manage. Decis. Econ., 32(7), 487-492. doi:10.1002/mde.1549 Selgin, G. (1994). On Ensuring the Acceptability of a New Fiat Money. Journal Of Money, Credit And Banking, 26(4), 808. doi:10.2307/2077948 Shi, S. (1997). A Divisible Search Model of Fiat Money. Econometrica, 65(1), 75. doi:10.2307/2171814 Weir, D. (2013). Fiat Money, Individual Rationality and Production. Metroeconomica, n/a-n/a. doi:10.1111/meca.12019 Wiegand, R. (1984). More value for your company's continuing education dollar. Business Horizons, 27(1), 32-35. doi:10.1016/0007-6813(84)90072-7