Tuesday, March 17, 2020

20 Critical Essay Topics What You Need to Know about Human Trafficking

20 Critical Essay Topics What You Need to Know about Human Trafficking A great paper needs a great topic. The topic you choose will show your teacher how well you have understood the assignment. Unfortunately, leaving your assignment till the last moment can be disastrous to your grade. This is especially true if you have to come up with a critical essay on a tricky subject such as human trafficking. If you are having a tough time coming up with appropriate critical essay topics about human trafficking, you have come to the right place. The following lines offer a list of 20 topics related to this subject. There is a handy list of references and source materials at the end which you can use as research material. The Cross-Border Challenges of Dealing with Human Trafficking Issues Faced by Law Enforcement During Human Trafficking Investigation Rehabilitating Victims of Human Trafficking: Ethical and Practical Considerations Human Traffickers and Their Methods of Operating Invisible to The Naked Eye: Hidden Forms of Human Trafficking Understanding the Major Indicators of Human Trafficking Human Trafficking as the Modern-Day Slavery Anti-Human Trafficking Campaigns in Cultural Media The Anonymity of the Internet: A Boon for Human Traffickers The Differences between Human Smuggling and Human Trafficking The Aftermath of War: Women Enslavement and Trafficking Human Trafficking: Influence of Cultural Factors The Exploitation of Humanity: How Human Trafficking Became a $150 Billion Global Industry A Perspective on Clients: Who Buys From Human Traffickers? Armed Conflict Zones are Breeding Grounds for The Illicit Trade of Human Trafficking Philanthropy Engineering: How Advanced Tech Can Help Victims of Human Trafficking How Anti-Money Laundering Efforts Combat Human Trafficking Comparing International Trafficking and Domestic Trafficking The Ideal Victim: Predictors of Human Trafficking Using Children for in Armed Conflicts Since word count requirements vary across the board, we have tried to keep the topics a little generalized. Feel free to narrow them down according to your interests. Remember to limit the scope of your paper to a particular time period, geographical location, a pivotal case, the efforts of a specific humanitarian/aid agency, a specific piece of legislation, the efforts of a specific political figure, or even a documentary. Since we are here to help, here is a sample paper which you can use as an outline for your critical essay. Sample Critical Essay on Trafficking for Organ Trade and Body Parts: The Emergence of a Disturbing Dimension in Human Trafficking Human trafficking is the worst form of abuse that can be inflicted on an individual. The horror of the crime lies in the fact that is negates very humanity of the victims. This modern-day equivalent of slavery continues unabated; the complex nature of the crime makes detecting and controlling it difficult. The most common cases are ones in which human traffickers sexually exploit their victims or force them into hard labor. The less commonly known forms of human trafficking involves an extreme form of cruelty: where the victims are trafficked for organ trade. According to the UN Global Initiative to Fight Human Trafficking (GIFT), organ trafficking has three basic categories: (1) the victims are somehow deceived or coerced by force to give up the organ; (2) commercial transaction where the victim is not paid or paid less than the promised amount; (3) when the organs are removed without the victim’s knowledge. A report by the European Parliament (EP) states that organ trafficking and trafficking of human beings for organ removal (TBHOR) has become widespread over the span of the past 16 years. Until recently, most of these cases have occurred in Eastern European countries and Russia. However, the implementation of tougher law enforcement rules has decreased the incidence rates in these countries. Unfortunately, traffickers have simply switched tactics and moved onto other regions, such as Latin America and North Africa. These regions suffer from economic and political instability. Under such conditions, human traffickers find the ideal victim pool, i.e. people who are already a part of at-risk sections of society, such as migrant workers, those living below the poverty line, members of highly marginalized groups, homeless people, and illiterate people. The entire process involves a host of people as well as high levels of coordination and organization: the medical professionals who are responsible for the procedure, the middlemen, the buyers, the organ banks where the organs are stored, and transporters who are responsible for the logistics. The recommendations of legislating bodies and humanitarian agencies state that this issue can only be addressed through proper legislation covering all the aspects of the crime and proper implementation of these laws. National laws of each country should have an anti-trafficking policy. An increase in public awareness of organ donation will drive up donation rates, hopefully closing some of the gap between the number of organs needed for transplantation and available organs. EP also recommends that the donor recipient should be held criminally and morally liable. The technical recommendations include improvement of organ traceability systems. Human trafficking is a reality that the public in general needs to realize and react to. More awareness, education, and stronger legal frameworks will allow vulnerable victims to escape the horrors of this experience. This is just a sample that can inspire you to come up with a great critical essay that will win over your instructor. So, make sure that you start working on your paper right away. References: Vienna Forum to Fight Human Trafficking, Technology and Human Trafficking 8 (Background Paper, 2008), https://www.unodc.org/documents/human-trafficking/2008/BP017TechnologyandHumanTrafficking.pdf Trafficking in Persons for the Purpose of Organ Removal (ASSESSMENT TOOLKIT,2015), European Union, European Parliament. (2015). Trafficking in human organs. Retrieved from europarl.europa.eu/RegData/etudes/STUD/2015/549055/EXPO_STU(2015)549055_EN.pdf Lehti, M. (2003), Trafficking in women and children in Europe, in HEUNI papers, no. 18, Helsinki: HEUNI. Banks, D., and Kyckelhahn, T. (2011). Characteristics of Suspected Human Trafficking Incidents: 2008–2010. U.S. Department of Justice, Bureau of Justice Statistics. Washington, D.C.: Office of Justice Programs International Organization for Migration. (2012). IOM 2011 Case Data on Human Trafficking: Global Figures Trends. Washington: Humantrafficking.org. Polaris Project. (2014). â€Å"The Victims.† Retrieved January 28, 2014, from Polaris Project: For a World without Slavery, polarisproject.org/human-trafficking/ overview/the-victims. Bales, K., and Trodd, Z. (2009). Modern Slavery: The Secret World of 27 Million People. Oxford: Oneworld. Palmiotto, M. Combating human trafficking (pp. 30-32).

Sunday, March 1, 2020

Biography of Spiro Agnew, Vice President Who Resigned

Biography of Spiro Agnew, Vice President Who Resigned Spiro T. Agnew was a little known Republican politician from Maryland whose unlikely ascent to the vice presidency prompted many Americans in the late 1960s to wonder Spiro who? Agnew  was an unremarkable figure known to speak in a deadening monotone who was nonetheless notorious for his combative relationship with the press and unwavering loyalty to his boss, President Richard M. Nixon. He once referred to journalists as a tiny, enclosed fraternity of privileged men elected by no one† and to Nixons critics as â€Å"nattering nabobs of negativism.†Ã‚   Agnew is perhaps most well-known for the end of his career. He was forced to resign from office after being charged with extortion, bribery and conspiracy and pleading no contest to income-tax evasion in 1973.   Early Years Spiro Theodore Agnew (also known as Ted)  was born in Baltimore, Maryland, on Nov. 9, 1918. His father, Theophrastos Anagnostopoulos, had immigrated to the U.S. from Greece in 1897 and changed his surname. The elder Agnew sold produce before entering the restaurant business. His mother was American, a native of Virginia.   Spiro Agnew attended the public schools in Baltimore and entered  Johns Hopkins University to study chemistry in 1937. He transferred out of the prestigious school after struggling academically and enrolled at the  University of Baltimore Law School. He earned his law degree, but only after being drafted into the Army during World War II.  He returned to law school after being discharged and received his law degree in 1947, then went on to practice law in Baltimore. Early Career in Politics Agnew was little known outside of his home state of Maryland before Nixon chose him as a running mate. His first foray into politics came in 1957 when he was appointed to  the Baltimore County zoning appeals board, on which he served three years. He ran and lost for a judgeship in 1960, then won the Baltimore County executive position two years later. (The position is similar to that of mayor of a city.) During Agnews tenure, the county enacted a law requiring restaurants and other establishments to be to be open to customers of all races, built new schools and increased teacher salaries. He was, in other words, a progressive Republican. After creating a name for himself in the populous Maryland County, Agnew sought and won the Republican gubernatorial nomination in 1966. He beat a Democratic candidate,  George Mahoney, who supported segregation and campaigned on the slogan  Your Home Is Your Castle- Protect It. Charging Mahoney with racial bigotry, Agnew captured the liberal suburbs around Washington and was elected governor, Agnews Senate biography reads. But he would serve as governor for fewer than two years before he caught to eye of his partys presidential hopeful, Nixon. Rise to the Vice Presidency Nixon chose Agnew as  a running mate in the campaign of 1968, a decision that was controversial and unpopular with the Republican Party. The GOP viewed the progressive urban politician with suspicion. Nixon responded by describing Agnew as  one of the most underrated political men in America,  an old fashioned patriot† who, having been raised and elected in Baltimore, was a master strategist on urban issues. â€Å"There can be a mystique about a man. You can look him in the eye and know hes got it. This guy has got it, Nixon said in defense of his choice for running mate. Agnew was elected vice president in 1968; he and Nixon were  re-elected to second term in 1972. In 1973, as the Watergate investigation was churning toward a denouement that would force the resignation of Nixon, Agnew ran into legal trouble. Criminal Charge and Resignation Agnew was facing possible impeachment or criminal charges in 1973 for allegedly accepting payoffs from contractors when he served as Baltimore County executive and vice president. But he remained defiant in the face of a grand jurys investigation.  I will not resign if indicted! I will not resign if indicted! he proclaimed. But evidence that he  evaded  paying his income taxes- he was accused of failing to report $29,500 in income- soon led to his downfall. He resigned from office on Oct. 10, 1973, under a plea deal that allowed him to avoid prison time. In a formal statement to  Secretary of State Henry Kissinger, Agnew stated: I hereby resign the office of Vice President of the United States, effective immediately. A judge sentenced Agnew to  three years of probation and fined him $10,000. Nixon became the first president in U.S. history to use the  25th Amendment  to appoint a successor to the position of vice president,  House Minority Leader  Gerald  Ford. The amendment establishes the  orderly transfer of power  for replacing the president and vice president in the event they die in office, quit or are  impeached. The prosecution of the case removed Agnew from the presidential line of succession, which turned out to be a fateful decision. Nixon was forced to resign less than a year later, in August 1994, amid the Watergate scandal, and Ford took over the presidency. Agnews resignation was only the second by a vice president. (The first took place in 1832, when Vice President John C. Calhoun resigned the office to take a U.S. Senate seat.) Marriage and Personal Life Angew married  Elinor Isabel Judefind in 1942, whom he met while employed at an insurance company during his law-school years. The couple went to a movie and for chocolate milkshakes on their first date and discovered they had grown up four blocks apart. The Agnews had four children: Pamela, Susan, Kimberly, and James. Agnew died of leukemia in Berlin, Maryland, at the age of 77. Legacy Agnew will forever be know for his rapid ascent from obscurity to national prominence and his scathing attacks on the news media and polemics on society and culture. He was critical of efforts to lift Americas economically disadvantaged out of systemic poverty and of civil-rights protestors in the tumultuous late 1960s. He frequently used derogatory slurs, such as,  Ã¢â‚¬Å"If youve seen one city slum, youve seen them all.† Agnew reserved much of his ire for members of the news media. He was among the first politicians to accuse journalists of bias.   Spiro Agnew Fast Facts Full Name: Spiro Theodore AgnewAlso Known As: TedKnown For: Serving as vice president under Richard M. Nixon and resigning for tax evasionBorn:  Nov. 9, 1918 in Baltimore, Maryland, USAParents Names:  Theophrastos Anagnostopoulos, who changed his surname to Agnew, and  Margaret Marian Pollard AgnewDied:  Sept. 17, 1996 in  Berlin, Maryland, USAEducation: Law degree from the University of Baltimore Law School, 1947Key Accomplishments: Enacted a law in Baltimore County requiring restaurants and other establishments to be to be open to customers of all races, built new schools and increased teacher salariesSpouse Name:  Elinor Isabel JudefindChildrens Names:  Pamela, Susan, Kimberly and JamesFamous Quote:  In the United States today, we have more than our share of the nattering nabobs of negativism.  They have formed their own 4-H club  -   the hopeless, hysterical hypochondriacs of history.   Sources Hatfield, Mark O.  Vice Presidents of the United States, 1789-1993. U.S. Government Printing Office, 1997.Naughton, James M. Agnew Quits Vice Presidency And Admits Tax Evasion In 67; Nixon Consults On Successor. The New York Times. 11 October 1973.  https://archive.nytimes.com/www.nytimes.com/learning/general/onthisday/big/1010.htmlSpiro T. Agnew, Ex-Vice President, Dies at 77. The New York Times. 18 September, 1996.  https://www.nytimes.com/1996/09/18/us/spiro-t-agnew-ex-vice-president-dies-at-77.html

Friday, February 14, 2020

Labour Laws Essay Example | Topics and Well Written Essays - 1000 words

Labour Laws - Essay Example This is certainly the case with Key Lime Printing. There is a feeling on the part of the workers that they are at best getting a very bad deal from a company that has already been in business for a relatively long time and should be able to do better. As a lawyer, there are a few issues that I shall seek to reinforce. I shall seek to inform the client, Joe Blow, that there is little legal recourse once the matter gets to this point. After all, the Notice of Certification from the labor relations board has already been received. There are three main issues that seem to underline the employees’ decision to unionize. First of all, there is the issue of pay. Pay disputes are always a minimum expectancy when it comes to labor relations. This is where most of the labor unrest that we witness centers around. The next issue lies with dismissal of employees. Fair or unfair dismissal is a contentious issue that cannot be resolved anytime soon. On the part of the dismissed employee, thei r default position is that the dismissal is always unfair (Cihon & Castagnera, 2010). Finally, there is the whole issue of unionization. I shall seek to show my client his rights and responsibilities as far as unionization of employees is concerned. The first issue deals with income. I shall handle this issue in two parts. The first part shall be with relation to the right amount that each employee should receive. This is an extremely complicated issue. If each one of us were given the option to suggest how much we want to be paid, then we might suggest amounts that are impractical for the profitable conduct of business. We cannot leave this weighty decision to the employers alone either. There is a need for both the employer and the employee to sit down and discuss each of their positions as far as remuneration is concerned. My client does not seem to have done this. Therefore, first step during the anticipated meeting shall be to hear each side’s position in as far as salar ies are concerned (Pay and Wages, 2013). The second angle in as far as salaries are concerned is the nature of employment. There is the need to find the right balance between benefits, commissions and salaries. The idea of only paying a commission to the three workers without either salaries or benefits is a very emotive one. Initially, it was thought that being paid on commission motivated the workers to apply themselves fully so that in a way they can ‘determine their own salaries’. This is not the case anymore. Finding business is not guaranteed, yet at the end of the month these employees have bills to pay and other responsibilities to fulfill. This needs to be looked at considering that the leading light in this revolt is an employee who is subject to this draconian employment terms (Pay and Wages, 2013). Dismissal is another issue that needs to be addressed. Arguably, perhaps it is the place where the bitterest battles with regard to employee rights are witnessed. There should be a firm basis for any dismissal that is effected in the workplace. After all, this is a place where people from different backgrounds coalesce to satisfy their needs for employment. Additionally, in such a place one cannot dismiss the effect of culture and background on general conduct and productivity in the workplace. Therefore, dismissal must be looked at with this backdrop in mind. There seems to have been instances where the foreman, Top, dismissed employees. He has no right to do this. This is un-procedural. There needs to be a properly laid procedure through which dismissals are carried out. Only the owner, Blow, should have the power to mete out such punishment. In most cases, dismissal should be the last resort (Arthurs & Carter,

Saturday, February 1, 2020

Parity theories analyse and operation in the global economy Essay

Parity theories analyse and operation in the global economy - Essay Example Another theory that advances a notion of equalization or parity is the Heckscher-Ohlin theory. The Hecksher-Ohlin theory is composed of two theorems. The first theorem explains and predicts comparative advantage. Ricardo’s theory of comparative advantage assumes but do not explain comparative advantage. The Heckscher-Ohlin Theory’s, particularly the first theorem of the theory, explains comparative advantage to be rooted the in relative factor abundance between nations. The second theorem of the Heckscher-Ohlin theory holds that when there are no restrictions to trade, there will be relative as well as absolute factor price equalisation. Factors of production are land, labour, and capital. The Heckscher-Ohlin asserts, however, that the theory is applicable for labour and capital. The Heckscher-Ohlin theory asserts that with trade liberalisation, mobility of goods can substitute for the mobility of factors and, because of this, relative and absolute factor price equalisa tion will be realized. ... that interest rates will move to parity as interest rates reflect the price of capital which is one of the factors of production and, based on Heckscher-Ohlin theory, mobility of goods substitutes for the mobility of factors and, thus, interest rates also move to parity. II. A main argument against parity theories: markets do not clear There are at least two major areas of the debate on the parity theories. One area of debates is whether markets really move towards equilibrium. Another area of the debate is on the empirical validity of the parity theories: the theories may appear logical but the predictions of the theories and/or their assumptions are not in accord with the situation in the real world. In other words, there are arguments that the theories may be logically constructed but they may not be empirically valid. We discuss empirical validity in the succeeding section and discuss in this section why some economists and critics do not believe why markets do not move towards e quilibrium. The perspective or assertion that markets clear is the more conventional and standard assumption in economics. This view is called the classical view (the more modern variants of this view are the neo-classical and new classical perspectives in economics). The classical view is the theory or perspective that is one of the most important building blocks in many theories of economics. However, another perspective that is also conventional but which has a less following in economics today is the Keynesian perspective.1 One variant of the Keynesian perspective asserts that markets do not clear because there are several obstacles to market clearing. It is a perspective that has a significant following and influence among economists. According to this variant of the Keynesian

Friday, January 24, 2020

Primary Pulmonary Hypertension :: essays research papers fc

Primary Pulmonary Hypertension INTRODUCTION A.Each year in the US there are about 300 new cases of PPH diagnosed each year. B.My purpose today is to inform you on the disease PPH C.This topic concerns you because it is a deadly disease that is on the rise. D.Today I will discuss.... 1.What the disease is 2.Causes of PPH 3.Symptoms of PPH 4.Diagnosis 5.Course and Treatment PPH-What is it? Primary(unexplained) pulmonary hypertension (abnormally high blood pressure) is an extremely rare lung disorder. Pulmonary hypertension occurs when there are changes in small blood vessels in the lungs resulting in an increased resistance to move enough blood through the lungs. The resistance places a strain on the right ventricle which must work harder to pump enough blood. If untreated,or if the conditions are generally bad enough,the right side of the heart may fail resulting in death. PPH-What are the causes? There is no definite cause of PPH,but there are possibilities. 1.PPH may be the result of another infection such as heart disease,lung disease,or HIV. 2.PPH may be genetic. A specific chromosome which runs in families is linked to PPH although the type of defect is yet unknown. 3.Familial Inheritance 4.Diet Drugs-By far this is the most known cause. Fen-Phen and Dexfenfluramine,2 diet drugs have been studied and are linked to numbers of cases of pph. These drugs can cause PPH in as little as 23 days the risk increases with the amount of time it is used. 5.Serotonin-Although this is not proved,it is believed that the above diet drugs increase the release of serotonin which is often found in patients transplanted lungs with PPH. It is very possible that this is a cause What are the symptoms of PPH? In the early stages of PPh there are no symptoms. Usually a person will go to the doctor for another disease and will find that it can’t be cured. After numerous tests,PPH is found to be the primary cause. 1.frequent tiredness or tiring easily as if you are out of shape. 2.Difficulty breathing,dizziness,fainting 3.Swelling in ankles/legs,bluish lips and skin 4.chest pain 5.trouble getting air 6.Palpitations-may be so severe that it is compared to a heart attack. How is PPH diagnosed? 1.Electrocardiogram-indicates whether heart is under increased stress 2.PPH is rarely picked up in a routine medical exam. It is usually confused with other heart/lung diseases. 3.Echocardiogram-The doctor uses sound waves to map a structure of the heart and see if the right side is larger. 4.Pulmonary Function Tests-measures lung volume. 5.Right-heart Cardiac Catheterization-A catheter(tube)is placed in the patient’s arm,let,neck...to measure the blood pressure of the right side of the heart. what is the course and Treatment of PPH? PPH starts when a layer of cells in the lungs are damaged.

Thursday, January 16, 2020

Fin 515 Week 4 Homework Assignment

FIN 515 WEEK 4 HOMEWORK ASSIGNMENT (7–2) Constant Growth Valuation Boehm Incorporated is expected to pay a $1. 50 per share dividend at the end of this year (i. e. , D1 = $1. 50). The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, rs, is 15%. What is the value per share of Boehm’s stock? For this problem we can use the formula from the book P=d1(R-G) to find the price. We just need to plug in the values†¦ so, 1. 5/(8% [15-7]). The value is 18. 75. (7–4) Preferred Stock ValuationNick’s Enchiladas Incorporated has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred sells for $50 a share. What is the stock’s required rate of return? From the book we discover that we simply need to plug into the formula, r=5/50. The required rate of return should be 10 percent. (7–5) Nonconstant Growth Valuation A company currently pays a dividend of $2 per sha re (D0 = $2). It is estimated that the company’s dividend will grow at a rate of 20% per year for the next 2 years, then at a constant rate of 7% thereafter. The company’s stock has a beta of 1. , the risk-free rate is 7. 5%, and the market risk premium is 4%. What is your estimate of the stock’s current price? I used the financial calculator online for this problem, but we can find it manually†¦ To solve this problem we need to first calculate the required rate of return, which is Rs=Rf+B(Rrm-Rrf), so 7. 5+(11. 5-7. 5)*1. 2=12. 3†¦ So, D0 would be 2, D1 would be 2. 4, D2 would be 2. 88, and D3 would be 3. 08. We then have to calculate the PV for the dividends, which is 4. 42. We have to calculate P2, which came out to 46. 10. After adding up the PV values we get the stock’s price which is 50. 0, or at least that’s what I got†¦ (9-1) After-Tax Cost of Debt Calculate the after-tax cost of debt under each of the following conditions: à ¢â‚¬ ¢a. Interest rate of 13%, tax rate of 0% To calculate, take 0. 13*(1-0), we get 13 percent. †¢b. Interest rate of 13%, tax rate of 20% To calculate, take 0. 13*(1-0. 20), we get 10. 4 percent. †¢c. Interest rate of 13%, tax rate of 35% To calculate, take 0. 13*(1-0. 35), we get 8. 45 percent. (9-4) Cost of Preferred Stock with Flotation Costs Burnwood Tech plans to issue some $60 par preferred stock with a 6% dividend. A similar stock is selling on the market for $70.Burnwood must pay flotation costs of 5% of the issue price. What is the cost of the preferred stock? We’re given the par value, the divident percentage, the market value of the stock, and the flotation costs, and are looking for the cost. The ADP of the preferred stock is 6 percent*60, which comes out to 3. 60. The cost of Preferred Stock can be calculated as (Preferred stock dividend/MP of Preferred Stock*(1-FC)†¦ We just need to plug in the numbers, so you get basically (60*. 06)/70*(1-0. 05 )†¦ calculating that out, the cost of preferred stock should be 5. 1 percent. (9-5) Cost of Equity: DCF Summerdahl Resort’s common stock is currently trading at $36 a share. The stock is expected to pay a dividend of $3. 00 a share at the end of the year (D1 = $3. 00), and the dividend is expected to grow at a constant rate of 5% a year. What is its cost of common equity? For this problem, we are to use the equation r=(D1/P0)+g†¦ Since we are given the P0, D1, and G (36,3,0. 05) we are looking for r†¦ so, just plug-and-chug. Comes out to 13. 3 percent. (9-6) Cost of Equity: CAPM Booher Book Stores has a beta of 0. 8.The yield on a 3-month T-bill is 4% and the yield on a 10-year T-bond is 6%. The market risk premium is 5. 5%, and the return on an average stock in the market last year was 15%. What is the estimated cost of common equity using the CAPM? For this one, looked to me like we need to use the formula Rs=Rrf+Bi(RPm)†¦ Like the last problem, we are g iven all the values except one. Plugging-and-chugging again, I got 0. 06+0. 8*(0. 055), came out to 10. 4 percent. (9-7) WACC Shi Importer’s balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity.Shi’s tax rate is 40%, rd = 6%, rps = 5. 8%, and rs = 12%. If Shi has a target capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC? So, for this problem we need to find the WACC which can be found by the formula (Wd)*(Rd)*(1-T)+(Wps)*(Rps)+(Wce)(Rs)†¦ We are again given most of the values, so it’s plug-and-chug from here on, pretty much. Debt is 0. 30, PS is 0. 05, Equity is 0. 65, Rd is 0. 06, T is 0. 40, Rps is 0. 058, and Rs is 0. 12†¦ So when plugged it looks like: (0. 30*0. 06*(1-0. 40))+0. 05*0. 058+0. 65*0. 12, and that came out to 9. 17 percent.

Wednesday, January 8, 2020

Unethical Leaders Scandal Involving Jeff Skilling of Enron Corporation Free Essay Example, 1000 words

Current issues/culture/ environment at the time of the situation The environmental situation that led to creation of Enron was a merger between Internorth and Houston Natural Gas Co. Enron was born in a highly competitive market. The energy economy was under regulation and the market economic situation exhibited a recession. Later on, the market was deregulated through policies put in place by â€Å"Federal Energy Regulatory Commission† (FERC). The deregulation was put in place to remove regulatory limitations and to prevent another harsh economic condition from happening. The federal Government were trying to avoid a repeat of energy emergency. Enron became a chief supplier of energy products in the US and stabilized economically. Through its highly innovated activities and with the help of highly skilled leadership team, it was able to deeply penetrate the market and stand firm against stiff competition (Mekay, 2003). Being a chief player in the economy of the US, Enron used its resources to exercise influence on the US Politics. For exa mple, a board member at Enron Kenneth Lay became a close ally of George W. We will write a custom essay sample on Unethical Leaders: Scandal Involving Jeff Skilling of Enron Corporation or any topic specifically for you Only $17.96 $11.86/pageorder now Bush, during his career in politics when he was Texas Governor. Lay promised a financial support to Bush in exchange for positions that would be occupied by Enron executives in the Federal Government (Mekay, 2003). Lay had powers to make decisions of National importance like energy issues policies and other issues. Enron’s relationship with politicians involved the republican but democrats also. It funded many of Bill Clinton’s activities. These relationships gave Enron many powers to influence a number of US policies through lobbying. Enron was using its money and resources such as powerful connections to instigate distortion of Government policies. It also used its influential power to deceive consumers (Gutman, 2002). Perceived motivation of the individual Several factors motivated Skilling to partake in the Scandal including the pursuance of individual interest based on lack of integrity. According to Northouse (2004), integrity is an important trait in a leader. It involves honesty, reliability and accountability. It transpires that these qualities were lacking in most of the leaders at Enron. Eventually, this motivated Skilling to pursue individual and corporate interest. A fault in the organization culture facilitated the scandal. This was attributable to Skilling’s failures because he was fixated on profit maximization. He failed to understand and support standard practices that would boost organizational organizational culture.