Discussion--Political and Legal Environment Essay

Discussion--Political and Legal Environment - Essay Example A strong legal framework is necessary to protect the intellectual property of businesses. In places such as China companies are subject to theft of intellectual property due to piracy and counterfeit products. The political environment of a country is as important as the economic environment. It is hard for companies to negotiate incentives and governmental help in places were the governments do not have good relations with corporations. â€Å"The political environment is a key component of the business environment that dictates greatly on the success of your home business† (Bluntpolitics). The regulations of governments can impose barriers that increase the cost of doing business in a country. In the United States the tough environmental regulations are forcing companies in certain industries to leave the country in search for locations with more relax environmental regulations. Labor laws also influence the profitability of a company. Countries with low minimum wages are att ractive for companies that have labor intensive operations. The moral conduct of a country affects the operations of a corporation. In many parts of the world bribing a governmental official is part of doing business. I am completely opposed to bribing others. Bribes are an unethical event that should always be avoided at all costs. Whenever a company gives a bribe to another person or governmental official they will enter into an unpleasant arrangement that could backfire because the person that bribes them might continue to pressure the company for more money. The sub-Saharan African region is the place with the greatest incidence of bribery worldwide (Google). Companies must also protect their intellectual property whenever they are going business outside the United States. It takes a lot of money in research and development to create new products. In the pharmaceutical industry companies spend an average of $359 million to develop a new drug (Ca-biomed). I fully support

Essay 2 Example | Topics and Well Written Essays - 1250 words - 9

2 - Essay Example From Tito’s story, the theme of family relationship emerges, and one learns about the disadvantages of having poor relationship with family. The immigrant, Tito Urena, is portrayed as one that had poor relationship with his family members. He is shown as having not communicated with his family for a long time. Additionally, he was involved in a conflict with one Haydee, who was once his wife, with whom he had separated for 16 years (Spack 156). The story also shows the remarkable isolation of Tito during the time of his death, as well as after his death. A highlight of this story is where Tito suffers a heart attack that cuts his life short while in his office. At the time of his death, Tito had no one around him in his office, as he was all alone. He lived far away from his family whom he never contacted. His poor relationship with family could not allow him to call any of them before succumbing to the heart attack. Therefore, Tito died all alone. After his death, no one realized that Tito was dead. In fact, his body spent two days in the office before being noticed (Spack 159). His body remained unclaimed, and only his mistress could be traced by police. Therefore, this kind of alienation and failure to embrace family relationships made Tito live and die a lonely death. The second story, â€Å"Albert and Esene† by Frances Khirallah also bears the significant theme of family relationships. The author depicts Esene, a widow, as having good relationship with her family members and relatives. This story teaches on the advantages of embracing good relationship with family. There are different aspects in this story that are an evidence of the good relations that Esene had with her family. For instance, Esene shares jokes and a light moment with her husband’s, Albert’s, sisters that came to visit her (Spack 162). The mere fact that these two ladies, Safiyah and Amelia, visited Esene shows just how strong their

The Pressing Problem In The Prison System Criminology Essay

The Pressing Problem In The Prison System Criminology Essay There are three custodial establishments for young people, they are Young offender institutions, Secure training centres and Secure childrens homes. The Standing Committee for Youth Justice (2010) reported that during the period of 1989 to 2009, the child custody population in England and Wales increased by 795%. There is no obvious evidence showing that the youth crime become more serious recently, but more young people was sent to prisons. These large amounts of young prisoners have already brought a big pressure to the prison system, and it has become an alarming issue in England and Wales. The prison lives are much more badly than we imagined. They are neglected from the society, some of you may say they are put in the prison because they commit crime, it is fair enough. Incarceration of offenders may have deterrence effect as they will not further commit crime in the future, but the truth is the reoffending rate still stays high. For this, I always doubt Do we need to incarcerate all under-age offenders? and Do prisons work for all offenders?. Prison may cause more personal and social problems that we never expect. Also, children who sentenced to prisons have their own problems or difficulties before they getting sent to prison, it may include poor family backgrounds or drugs abuse, etc. These make the prison system more difficult to handle these children, and thus causing the problem of resources and management. Many concerning parties are doing different reforms as they want to reduce the number. Prison Reform Trust is one of the charities who promote alternatives to custody. It has launched a new campaign Out of Trouble especially helps those children and young people who are imprisoned in the UK. Also, the United Nations Convention on the Rights of the Child Article 36(d) stated that custody be used as a last resort. However, Prison Reform Trust criticized the juvenile court doesnt follow it strictly. Everyone understands that the statuses of children and adult are different, it is assumed that child should have more chance than adult. Children are important capital to our future society, so the prison system has greater responsibilities to help those youth offenders a better future. Under this perspective, people always argue about the purpose of imprisoning a child should be different from the adult one too. Society always place greater hope on these groups of vulnerable children. No matter the society, professionals or the government, they will put greater emphasis on rehabilitation rather than punishment, but the problem is how to make a balance between punishment and rehabilitation? The first thing to concern about is resources, thats the money-cost. Many news reports complained that youth custody spent too much but with an unpleasant outcome in return. Every year many millions of pounds are wasted for locking up children for committing both violent and non-violent offences, it is extremely costly but fails to reduce the amount of crime. According to the report Punishing costs: How locking up children is making Britain less safe(2010), Aleksi Knuutila stated that holding a child in prison costs about  £100,000 a year in England and Wales. Prison Trust Reform always argues that some very minor offences will result in custodial sentences, and they state that non-violent crime offenders should not be sentenced to prison as it is a waste of resources. However, the Independent Commission on Youth Crime and Antisocial Behavior (2010) showed a disappointing result of reconviction rate, three quarters of all young people leaving custody re-offend within a year which means almost three out of four young offenders reoffend within a year after they release. We have already paid many millions for these youths, but we just did very little to change their behavior and protect the society. Except the money cost, we can see that the present system has limit ability to help these vulnerable child back to the right tracks. At first, people believe harsher punishment can help to deter them from doing further criminal behavior. But the truth is that the lives in prison make youngsters get closer to crime, or even breeding them into professional criminals. This is one of the struggle points for the prison system to manage and allocate those youngsters in the right places. The prison system also needs to try their best to ensure that children in prison still have their proper lives, which include giving them educational support and mentally support. As children are valuable capitals to our future society, although they did something wrong, they still have the chance to learn. Education is important to youngsters at any places, this can help youngsters to build up different kinds of skills and abilities, thus integrate back to normal life easier when they release. Most of the public support that youth institutions should give education and training to the children in prisons, this places great pressure on the prison system yet they have already put a lot of resources in providing children different education and training inside the prisons. Moreover, there is still statistics showed that the prison system is not doing enough for the children. According to the report Training planning for children and young people (2010), it stated that prisons are failing to adequately prepare young people for release. One of the problems is that there is lack of accredited offending behavior programmes for the young prisoners. Even those young prisoners set up some targets for their training plans, they may not find suitable programme to achieve them through the imprisonment period. Also, it is reported that many children release from prisons till have difficulties in their learning. This showed that the prison system doesnt spend well, and they cannot learn what they should learn in the prisons. Special attention should also be put on childs psychological needs. Inside the prison, juvenile will be allocated into different cells. It is not easy to adapt the prison lives, and it may cause them different psychological problems, such as depression. The Standing committee for youth justice report (2010) stated that Boys in custody are 18 times more likely to suicide than children in the community. We can see that it is a serious problem inside the prisons. However, it is not possible for all prison officers to have specific training to handle these problems. If the problem is ignored for a certain period of time, it may cause them suffer from some more serious mental problems. Handling the psychological needs of offenders has become one of the responsibilities of the prison system, but resources are limited for them. Again, it places greater pressure on prisons work. Evidences of reconviction rate have also showed that the present prison system is failing to restore and rehabilitate children in their prison lives. The prison system should ensure the children learn from their mistakes and the moral values through their sentences. It is important for youngsters to understand what is right and wrong, and why they are punished, it can reduce the possibilities of reoffending. However, it may bring some negative effects to the child and society, and even cannot facilitate them in reintegration and rehabilitation. Organizations of protecting children always advocate the use of community sentences, for this, children can learn from community and learn in community. Community support is important to youth offenders, if they build up good relationship with the community, they can be integrate back into the community more easily. However, the prison system does not do much in this area and still has rooms for improvement. As mentioned above, youth prison is required to do differently. Not only punishing them for their wrongdoings, but to fix their brain. It is important to do more about rehabilitation, reformation and reintegration. Children are vulnerable and relatively inexperienced with the world, they are easily affected by the external factors. If child only arrange to do some routine works in prison, it is impossible for us to change their behavior. The system need to develop a different approach for them as it has greater responsibilities to restore and reform them. However, it is not a simple task. Setting up and working with a system which is different from the adult system, it has already made child in custody under 18 the most pressing issue in the prison system. Prison officers have many challenging works like providing children proper educational support in prison, taking care of child psychological needs, working with communities, doing work of rehabilitation, etc. All these work has given the prison system many challenges and making the child in custody under 18 becomes the most pressing issue in the prison system. Words : 1541 References Standing Committee for Youth Justice (2010), Raising the custody threshold. Available from:, The Howard League for Penal Reform Web site: http://www.scyj.org.uk/files/Raising_the_custody_threshold_SummaryAug10_FINAL.pdf [Accessed: November 2, 2010] Youth Justice Board (2010), Youth justice system : Custody figures . Available from:, Youth Justice Board Web site: http://www.yjb.gov.uk/NR/rdonlyres/643A66F6-0DFC-4621-90C0-8EA27AD9FA99/0/SecureMonthlyReportAugust2010.xls [Accessed: November 2, 2010]. Office of the United Nations High Commissioner for Human Rights (1990), United Nations Convention on the Rights. Available from:, Office of the United Nations High Commissioner for Human Rights Web site: http://www2.ohchr.org/english/law/crc.htm [Accessed: November 2, 2010]. Aleksi Knuutila (2010), Punishing costs: How locking up children is making Britain less safe. Available from:, The New Economics Foundation Web site: http://www.outoftrouble.org.uk/sites/default/files/nef_Punishing_Costs_0.pdf [Accessed: November 5, 2010] The Independent Commission On Youth Crime and Antisocial Behavior (2010), Time for a fresh start. Available from:, the Independent Commission on Youth Crime and Antisocial Behavior Web site: http://www.youthcrimecommission.org.uk/attachments/076_FreshStart.pdf [Accessed: November 5, 2010]. Inspectorate of Prisons (2010), Training planning for children and young people. Available from:, Youth Justice Board Web site: http://www.justice.gov.uk/inspectorates/hmi-prisons/docs/Training_Planning_Thematic_rps.pdf [Accessed: November 5, 2010].

Capital Punishment Essay -- social issues

Capital Punishment Capital punishment is the lawful infliction of the death penalty, and since ancient times, it has been used to punish a large variety of offenses. The penalty of death is reserved for the most serious and detested crimes. The legal system must sentence the death penalty to capital crime offenders. Criminals convicted of murder or rape need to be executed because they are dangerous to the world and the human race. However, America seems to to always want to put people in prison for life, but how is that fair to the criminals who did not commit such a horrible crime, but still gets the same punishment? The death penalty should be used more often, but is the death penalty the answer to crime? The death penalty is not the perfect answer to crime. Criminals should often be put to death; but this supposes a frequency of crimes, and from hence the punishment will cease to have its effect, so that it must be useful and useless at the same time (Black 74). So in other words, in all states whe re death is used as a punishment, every example supposes a new crime committed. To back these statements, facts show that since the reinstatement of capital punishment there has been over 255 executions with Texas at the top with 84 and Florida with 33 (Bender, Leone 103). Another statistic shows that more murders take place in states that use capital punishment. The common-sense argument that death is the best deterrent of crime rests on the belief that people fear death mo... Capital Punishment Essay -- social issues Capital Punishment Capital punishment is the lawful infliction of the death penalty, and since ancient times, it has been used to punish a large variety of offenses. The penalty of death is reserved for the most serious and detested crimes. The legal system must sentence the death penalty to capital crime offenders. Criminals convicted of murder or rape need to be executed because they are dangerous to the world and the human race. However, America seems to to always want to put people in prison for life, but how is that fair to the criminals who did not commit such a horrible crime, but still gets the same punishment? The death penalty should be used more often, but is the death penalty the answer to crime? The death penalty is not the perfect answer to crime. Criminals should often be put to death; but this supposes a frequency of crimes, and from hence the punishment will cease to have its effect, so that it must be useful and useless at the same time (Black 74). So in other words, in all states whe re death is used as a punishment, every example supposes a new crime committed. To back these statements, facts show that since the reinstatement of capital punishment there has been over 255 executions with Texas at the top with 84 and Florida with 33 (Bender, Leone 103). Another statistic shows that more murders take place in states that use capital punishment. The common-sense argument that death is the best deterrent of crime rests on the belief that people fear death mo...

Character Analysis of Emily Grierson: “A Rose for Emily” Essay

Emily Grierson was a southern belle who represented the old ways of the south. A woman, who was stubborn, unchanging and unable to let go of her haunting past took both her burdens and the old ways of the south to her grave. Throughout the story the narrator refers to her as â€Å"Alive, Miss Emily had been a tradition, a duty and a care, a sort of hereditary obligation on the town.† tradition meaning that she was sort of royalty to the towns people because her father was the mayor of the town. This â€Å"royalty† gave Emily a sense of entitlement which could be seen throughout the story. An example would be when we she went to the store to buy some poison, she wanted the strongest poison the owner had to offer which was arsenic, a type of rat poison. Although the druggist, by law has to know what she is going to use the poison for, Emily refuses to answer and continues to stare at the man until he decides to give her the arsenic. This is one of the many examples of how Emily thinks she is somehow above the law and should not be questioned for her actions. Another example of her stubborn ways would be a few years later when she refuses to pay her taxes because Colonel Sartores said that she didn’t have to. She states that â€Å" I have no taxes in Jefferson. Colonel Sartores explained it to me.† The sheriff continues to reason with her by informing her that the colonel sent a letter saying that she did in fact have to pay taxes but once again, she refuses to believe it because she is stubborn and stuck in her own ways.   This attitude of authority and entitlement was due the fact that her father was the mayor of the town and it was expected of everyone to showed respect. Not only was Emily entitled but she was also mentally unstable. It was thought that mental disorders ran in the family because her aunt was also mentally unstable as well. It seems that she has this need to want to control everything because she had an aunt who was mentally unstable. Going back to the tax incident it turned out that the colonel has been dead for ten years and there would be no way of checking with him because of this, this apart of the story reveals that she seems to be living in her own reality that she is living in the past. Another example of this is when  her father died, her father sheltered her a lot shooing away boys so she became very isolated early in life. When her father died, she clinged on to the very thing that kept her from living a life of her own because that was the only life she had ever had. This event seemed to have left her in a depressed state where she would never leave the house until she meets a man named Homer Baron. Baron was a Yankee or a man from the north who took an interest in Emily, they were often seen together in town and most people thought that they were married. When Emily found out that baron w as not the â€Å"marrying type† she decided to take matters into her own hands and killed baron with arsenic so that he would never leave her. Emily Grierson was an example of a way of life that was withering away. Miss Emily represented the old ways of the south and how they were dying off throughout the story. One prime example of this is when the Yankees from the north to help build new sidewalk for the town showing the readers that the times are changing and that the old ways of life are dying. Emily’s refusal to let go of the past and traditions represents what the old ways of the south were everything is preserved. The old ways of the south dealt with keeping up with tradition and preserving the past, which Emily, was also trying to preserve the shattered life that was left behind when her father died and any attempts to try and drag her out of the past and into the future were futile. Works-Cited Cheuse, Alan, Delbanco, Nicholas (2012): Literature: Craft and Voice (second edition). New York, NY. McGraw-Hill. Faulkner, William (1932): A rose for Emily:Literature: Craft and Voice (second edition). New York, NY. McGraw-Hill. Maimon, E.P., Peritz, J.H., Yancey, K.B. (2012): The McGraw-Hill Handbook (Third edition). New York, NY. p.417; â€Å" Referencing a book with two or more Authors†

Sime Darby - 1389 Words

Page 1 of 6 Fundamental Analysis for SIME DARBY BHD Company Name: Stock Code (Bursa): Bloomberg: Industry: Sub-Sector: Company Description: Date of Analysis: Financial Year: SIME DARBY BHD Board: Main Board SIME FBMKLCI: TRUE SIME:MK Reuters: SIME.KL TRADING SERVICES OIL PALM/RUBBER AND OTH CROP PRODUCTION PLANTATION; PROP; MOTORS; INDUSTRIAL; ENERGY UTILITIES. 19-Sep-12 2011 30/6/2011 Price: 9.79 Stock Grade: Emerging Investment Grade Profitability Profitability 10 ROI 8 ROI Liquidity 6 Efficiency 4 Risks 2 0 Potential Growth Buy Hold Returns Potential Growth 65 75 90 50 105 105 Buy Hold Returns 25 Liquidity 51.80759 40.02273 62.4099 36.10128 85.8969 57.48956 18.75 7.97 5.34 6.93 7.22 8.18 5.48 7.5 Risks†¦show more content†¦Current DY% or Rolling 4Q DY% 6% 5. Stock price breaks out of consolidation/dip on an uptrend. 6. Comparison of P/B ratio (for Financial stocks only) 7. Company owner, EPF, Khazanah and PNB heavily buying Sell Criteria I Remarks Criteria 1. Current EY% or Rolling 4Q EY% 6% for more than 2 years 2. Current DY% or Rolling 4Q DY% 6% for more than 2 years 3. Quarterly EPS drop for 5 consecutive months 4. Fundamental of business turns unattractive or bad 5. Found a better opportunity to replace this stock 6. The stock drops near to my average cost or hit my stop loss 7. Long term trend changed from bullish to bearish 8. Company owner, EPF, Khazanah and PNB heavily selling. 9. Did I make a mistake? 10. Has the stock risen too far from its intrinsic value? VI Remarks Discounted Cash Flows Valuation Shares Out. M. O. S. 13 Default Value Custom Value 6009.46 11 Sustainable Growth % (for Average risk Average Discount % Terminal % 2011 FCF Excess Cash Intangibles Intangibles% Decay Rate Extra Decay Growth (for DCF Calc.) premium Risk free Assets add to DCF (Yr4E-Yr7E) (Yr8E-Yr10E) reference) rate 20% 5% 8% 5.50% 3.68% 9.2% 2% 2068.66 4593.30 86.00 0% 8% 15% 4% 11.50% 15% 20% Projection of Future Free Cash Flow 2012 Yearly Growth Future Value Discounted Perpetuity Value Present Value 2,151.41 2013 2,237.46 2014 2,326.96 18,023.58 28,024.79 3-Y Shares Outstanding Fair Value Desired M.O.S. Buy Under Current Price Actual M.O.S. 4.66Show MoreRelatedCorporate Social Responsibility of Sime Darby838 Words   |  4 Pages|Yayasan Sime Darby | | | | | | |Yayasan Sime Darby is a foundation that was set up in July 2008. 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How Does Miller convey his Message through The Crucible...

How Does Miller convey his Message through The Crucible? In this essay, I will explore the message communicated through The Crucible to its audience, and the way in which its author, Arthur Miller, attempts to convey it, especially through one of the plays main characters, John Proctor. The main issues raised by the play are the role of the individual within society, the value of ones name and perceptions of justice and truth. I shall endeavour to expand on all of these topics and their relevance to the play. Miller chose to write about a small settlement called Salem, in what was (at the time the play was set) the New World, North America. He had previously read a book entitled The devil in Massachusetts by Marion†¦show more content†¦It was presided over by an all-powerful theocracy (that is, a joint Religious and Governmental power), that regulated everyday life within the Village. The first leaders of the settlement, when it was founded in 1626, devised the rules which would be the salvation and yet the downfall of the community. It was set up by a group of puritans, an extremely strict, orthodox sect of the Christian church, who were persecuted for their beliefs, back in England. The laws had two main purposes: to protect the community from outside threats and to safeguard the religious nature of the settlement. Native Indians who had hitherto occupied North America uninhibited regarded Western settlers as a threat and there were great many battles between the two parties, over land and resources. This however only commenced in a large scale, as did the colonisation of the New World towards the end of the18th century. Salemites were therefore encouraged to be efficient in their day to day tasks and prepared for any invading threats. These instructions placed a large amount of pressure on inhabitants to conform to their society. The rules imposed upon the peoples of Salem were there to maintain an effective organisation, however due to their rigid imposition, also conceived a fear and mistrust of change; the unknown and the different. Anything that fell under these categories was heavily frowned upon, and thoroughly discouraged. This suspicionShow MoreRelatedThe Effectiveness of the Closing Scene of Arthur Millers The Crucible973 Words   |  4 PagesThe Effectiveness of the Closing Scene of Arthur Millers The Crucible Arthur Miller was born in 1915 and was only fourteen years of age at the time of the Wall Street crash, this clearly affected his life. His plays often concentrated upon contemporary society and problems it may face. This is why at first sight The Crucible seems to break this mould, instead of a play showing contemporary society; it concerns a study in the mass hysteria which led to the 1692 Salem witchcraft Read MoreBelonging Crucible Essay1187 Words   |  5 Pagesunmistakably experience a sense of belonging in a multifaceted and convoluted process. Arthur Millers play â€Å"The Crucible† and George Clooneys film â€Å"Good Night and Good Luck† are both texts where acceptance into society is explored in characters through various and complex measures. While the play and film both illustrate the complexities of assimilation into society to an individuals identity the Crucible further presents this as an ironic situation as people are pressured into conforming to societal desiresRead MoreThe Value Of Reputation In Arthur Millers The Crucible994 Words   |  4 PagesIn Arthur Miller’s dramatic play The Crucible, the notable writer successfully argues that the people in Salem rely too much on their reputation by creating a connection to the audience in order to convey the message. He does this in ho pes of informing the world that in times of hysteria, reputation means nothing. To prove the argument, Miller uses ethos by developing his credibility when he explains his very own knowledge of the historical situation. 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This was due to the hysteria caused by a group of girls accusing innocent people of witch craft. The play was set in Salem, Massachusetts between February 1692 and May 1693. Salem was a very isolated and puritanical communityRead MoreHow Miller Uses Alfieri in A View From the Bridge1510 Words   |  7 PagesHow Miller Uses Alfieri in A View From the Bridge In A View From the Bridge Miller uses Alfieri in a great number of ways, sometimes to support the action, to narrate and to add to the literary conventions of the play. For example, to act as the chorus would have throughout a Greek tragedy, which would have been to comment on the action and to fill in minor parts of the play. Alfieri is used for both of these things. He delivers the prologue at the beginning and alsoRead MoreThe Crucible1928 Words   |  8 Pagesï » ¿English Homework Sophia Cassan What role does sex, and sexual repression play in The Crucible? The Crucible is a play constructed on conflict, lies and deception, written by Arthur Miller in 1952. The key theme of this theatrical four-act drama is ‘Wheels within wheels’. Set in Salem, in the heart of puritan Massachusetts, in 1692, the plot follows a community of villagers plagued by accusations of witchcraft. Amidst the executions of their friends, the remaining villagers turn to religion, rumoursRead MoreThe Crucible Essay1784 Words   |  8 Pages------------------------------------------------- THE CRUCIBLE ESSAY ‘The Crucible’ written by Arthur Miller and my related material ‘Happy Feet’ by George Miller is true to this statement â€Å"Understanding nourishes belonging†¦a lack of understanding prevents it† that represents the interpretation of belonging. To define belong is to have the correct personal and social assets to be a member of a particular group or it could be to fit a particular environment. By a sense of place, people youRead More The Role of Alfieri in Miller’s A View from the Bridge Essay7327 Words   |  30 PagesThe Role of Alfieri in Miller’s A View from the Bridge Arthur Miller is now regarded as one of the world’s greatest dramatists. In his plays he explores the struggles of the ordinary man against authority and insurmountable odds. It is his ability to dramatize the attempts to find the balance between the different conflicts of life that is Miller’s feature as a writer. â€Å"Many of his plays look at the position of the individual in relation to their responsibilities and position in society andRead MoreRastafarian79520 Words   |  319 Pagescolonial rule and, having heard Marcus Garvey speak of the importance of Africa to black people in the New World, found in his remarkable success as a leader of thousands in the United States quite an amazing thing. Those who would presage the arrival of Rastafarianism also witnessed and read about the dramatic struggle of Emperor Haile Selassie to remove the Italians from his homeland of Ethiopia, which became the ï ¬ rst African nation to effectively oust, by force, a colonial power. These were monumental