Thursday, November 28, 2019

Ethical Theories in Finance free essay sample

Ethical Theories Sheri Wernert BUS 670: Legal Environment Professor Gentry December 19, 2010 Ethical Theories In every day life a person is bound to have ethical issues that must be decided. This is also true for the business world. With cases evolving each day of unethical companies such as Enron ethics is now being viewed as an important part of training for many companies. Which ethical theory to follow depends on the individual and there are many theories to be considered. How does a person tell what theory they believe they follow? Knowing the different theories and how they are viewed are key. Ethical theories are either teleological or deontological which can then be broken down further. Deontological ethical theories are theories that focus on decisions or actions alone (Mallor, Barnes, Bowers Langvardt, 2010). Theories such as the rights theory and justice fall under this category. While teleological theories are theories that focus on the consequences of a decision. We will write a custom essay sample on Ethical Theories in Finance or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Utilitarianism and profit maximization theories are considered this form (Mallor, Barnes, Bowers Langvardt, 2010). The Rights Theory encompasses a variety of ethical philosophies holding that certain human rights are fundamental and must be respected by other humans. This can also be explained as rights and duties are related in such a way that the rights of one person implies the duties of another person (Mallor, Barnes, Bowers Langvardt, 2010). For example, if a company has the right of payment for a product from a customer, then that customer has the duty to pay for the product. Over the years many as being difficult to achieve agreement about which rights are protected have criticized this theory. Some say that it also promotes moral fanaticism and creates a sense of entitlement reducing innovation, entrepreneurship, and production (Mallor, Barnes, Bowers Langvardt, 2010). The Justice Theory can be considered to have different foundations. John Rawls reasoned that it was right for governments to redistribute wealth in order to help the poor and disadvantaged (Mallor, Barnes, Bowers Langvardt, 2010). The most common foundation is the Principle of greatest equal liberty, which expresses each person, has an equal right to basic rights and liberties. This theory has the basic premise to protect those who are least advantaged in society (Mallor, Barnes, Bowers Langvardt, 2010). However, when dealing with this theory an individual or company should realize that any attempt to rearrange social benefits requires an accurate measurement of current wealth. When dealing with the Utilitarian ethical theory the decision maker to maximize utility for society as a whole. By doing this a person will consider the benefits and costs of his or her actions to everyone in society (Mallor, Barnes, Bowers Langvardt, 2010). An example of this would be when a person goes to vote on an issue. The voter will first weigh his decision on the benefits to him and then how will this affect the society as a whole. When considering the Utilitarian theory a person should be aware that there are actually two types act utilitarianism and rule utilitarianism. Act utilitarianism judges each act separately, assessing a single act’s benefits and costs to society’s members. While, rule utilitarianism judges actions by a rule that over the long run maximizes benefits over costs. The profit maximization theory is considered more in the business world than for individuals and takes into account other theories. This theory requires the decision maker to maximize a business’s long-run profits within the limits of the law (Mallor, Barnes, Bowers Langvardt, 2010). By doing this the decision maker must have knowledge of the rights and justice theories so that they are aware of the rights protected by these theories. If a business abides by this theory without entering into illegal acts the business will probably benefit with profits. However, if they act illegally it could mean lost profits due to consumers and stockholders not trusting the company and withdrawing or boycotting the business. Virtue ethics, which has not been discussed within the reading, refers in general to relatively stable, praiseworthy qualities in a person, such as honesty or integrity. Virtues have to do with who a person is rather than the act and the excellence of the person’s qualities (Tjelveit, 2003). This theory is one of the oldest normative traditions in Western philosophy, which were later called cardinal virtues. The virtue theory emphasizes moral education since virtuous character traits are developed in one’s youth. Therefore, adults are the responsible ones to instill this theory among the young. An adult must also remember that most children learn by seeing therefore, if an adult wants to instill these ethical virtues they must also abide by them themselves. In conclusion, while there are many ethical theories the theories themselves interact with each other in one way or another. It can be said that in reality no theory can stand on alone. A person can say they fall under one ethical theory when in fact the situation at hand decides which theory should be followed. It is this author’s opinion that the virtue theory should be considered the most important. When a person has good virtues they should be able to come to the right ethical decision in the other theories. Reference Mallor, J. , Barnes, A. , Bowers, T. , Langvardt, A. (2010). Business Law: The ethical, global, and E-commerce environment. Boston: McGraw-Hill. Tjelveit, A. (2003). Implicit virtues, divergent goods, multiple communities: explicitly addressing virtues in the behavioral sciences. The American Behavioral Scientist, 47, (4), 395.

Sunday, November 24, 2019

Free Essays on Why Did The South Seceded From The Union

There were many reasons why the South wanted to secede but the main reason had to do with the North's view on slavery. There were a few reasons other then the slavery issue, that the South disagreed on and that persuaded them to ceded from the Union. The North favored a loose interpretation of the United States Constitution. They wanted to grant the federal government increased powers. The South wanted to reserve all undefined powers to the individual states. The North also wanted internal improvements sponsored by the federal government. This was more roads, railroads, and canals. The South, on the other hand, did not want these projects to be done at all. In addition, the North wanted to develop a tariff. With a high tariff, it protected the Northern manufacturer. It was bad for the South because a high tariff would not let the south trade its cotton for foreign goods. Now the main reason for the South's secession was the Slavery issue. The South needed it for economic reasons and the North did not want it at all. The South was going to do anything they could to keep it. This issue overshadowed all others. At this time, the labor force in the South had about 4 million slaves. These slaves were very valuable to the slaveholding planter class. They were a huge investment to Southerners and if taken away, could mean massive losses to everyone. Slaves were used in the South as helpers in the fields in the cultivation of tobacco, rice, and indigo, as well as many other jobs. The South especially needed more slaves at this time because they were now growing more cotton then ever because of the invention of the cotton gin. Cotton production with slaves jumped from 178,000 bales in 1810 to over 3,841,000 bales in 1860. Within that period of 50 years, the number of slaves also rose from about 1,190,000 to over 4,000,000. The plantation owners in the South c ould not understand why the North wanted slavery abolished that bad. Southerners co... Free Essays on Why Did The South Seceded From The Union Free Essays on Why Did The South Seceded From The Union There were many reasons why the South wanted to secede but the main reason had to do with the North's view on slavery. There were a few reasons other then the slavery issue, that the South disagreed on and that persuaded them to ceded from the Union. The North favored a loose interpretation of the United States Constitution. They wanted to grant the federal government increased powers. The South wanted to reserve all undefined powers to the individual states. The North also wanted internal improvements sponsored by the federal government. This was more roads, railroads, and canals. The South, on the other hand, did not want these projects to be done at all. In addition, the North wanted to develop a tariff. With a high tariff, it protected the Northern manufacturer. It was bad for the South because a high tariff would not let the south trade its cotton for foreign goods. Now the main reason for the South's secession was the Slavery issue. The South needed it for economic reasons and the North did not want it at all. The South was going to do anything they could to keep it. This issue overshadowed all others. At this time, the labor force in the South had about 4 million slaves. These slaves were very valuable to the slaveholding planter class. They were a huge investment to Southerners and if taken away, could mean massive losses to everyone. Slaves were used in the South as helpers in the fields in the cultivation of tobacco, rice, and indigo, as well as many other jobs. The South especially needed more slaves at this time because they were now growing more cotton then ever because of the invention of the cotton gin. Cotton production with slaves jumped from 178,000 bales in 1810 to over 3,841,000 bales in 1860. Within that period of 50 years, the number of slaves also rose from about 1,190,000 to over 4,000,000. The plantation owners in the South c ould not understand why the North wanted slavery abolished that bad. Southerners co...

Thursday, November 21, 2019

Law of Criminal in Germany Essay Example | Topics and Well Written Essays - 500 words

Law of Criminal in Germany - Essay Example 1. The first section of the criminal law suggests that an offense is subject to punishment only when the law establishes the criminal liability before the commission of the act. 2. Law in force determines the penalty of any criminal act during the criminal act 3. If a crime is committed jointly, each shall be liable for his or her criminal act. 4. Any individual who willingly leads another intentionally to a criminal act (abettor) he/she will be confirmed as though he/she was the crime offender. 5. The German law provides for a fixed term incarceration unless the law dictates life imprisonment. 6. The maximum imprisonment for a criminal act is fifteen years and a minimum of one month or term 7. The impacts of the sentence the offender is expected to encounter in the future life will be taken into consideration. 8. The court weighs the circumstances against an for the criminal. Moreover, consideration is also made considering the motives of the offender. Other things considered include the attitude of the offender and force of will degree involved in committing the crime. The consequences of the offender that affect him, the history of the offender and the conduct of the offender after the offence. 9. Conditions that are already legal of the offense should not be considered. 10. The court shall not provide imprisonment of less than six months unless they are special conditions, either in the committed offence or the victim.

Wednesday, November 20, 2019

Assignment 03 Example | Topics and Well Written Essays - 500 words

03 - Assignment Example The clause will legally bind the employees from releasing confidential company secrets other than in compliance with legal obligations in a court of law or statutory duty. In addition, the employees should not disclose information to anyone who has not signed a non-disclosure agreement with the company, failure to which the company will take legal action against the employee for breach of contract (Brewer 12). According to Brewer, assault is the threat to harm with the apparent ability to do so (74). Battery involves the harmful touching of an individual. In the case above, it is an assault case since the fake punch B took on A qualified as a threat to punch. In addition, B had the apparent ability to punch A due to their close proximity in the car. False Imprisonment is the act of restraining a person from free movement, either through physical force, a failure to release and physical barriers. For a false imprisonment charge to hold in a court of law, the act must be unlawful and must be against the will of the plaintiff. In addition, there must be force or threat to force. However, in the case between A and B, there is no false imprisonment since A has valid proof of cause for the alleged imprisonment; B was drunk and his life would have been in danger from the bears and witches. The sheriff should arrest B on drunk and disorderly charges (Brewer 23). Comparative Negligence is a law implemented in accident cases to ascertain responsibility and damages in proportion to the level of negligence of all the parties involved in the accident. In order to calculate the damages, two approaches are used: ii. Modified Comparative Negligence- The plaintiff is barred from recovering any damages if he is more responsible for the accident or equally responsible. Therefore, so as to recover damages, the plaintiff must have been less responsible for the accident. The law of Duty to Mitigate occurs when an individual suffers a loss due to a breach of

Monday, November 18, 2019

The Seeds of Ageism Assignment Example | Topics and Well Written Essays - 1000 words - 1

The Seeds of Ageism - Assignment Example Ageism is an amalgamation of stereotypes beliefs, discrimination behaviors, prejudice evaluations. Ageism is attributed to the changing demographic trends in various part of the world. Life expectancy is enhanced as a result people live for a longer duration and may lead a healthy life (Marques Presentation FLARE31Aug). According to the United Nations aging index, the number of individuals above the age of 60 years is equal to the number of individuals between the age of 0- 14 years this highlight the fact that elderly people are equal in number to the young population. Further, Europe witnessed an aging index of 136.2 in 2007 while it is anticipated to enhance to 229.7 in 2050 (Ageism in Europe). These data indicate that there is going to be a drastic alteration in population structure in future which is going to have lasting implication on the society in terms of labor markets, growth both economic and developmental, the behavior of consumer as well as health systems. These implications are not ordinary to overlook as they are going to change the structure of the society. Health systems are going to affect to a greater extent as they have to witness new paradigms. Ignorance of any kind leads to prejudice or ageism. Ageism has a negative implication and it depicts the attitude an individual display towards elderly people. According to Nelson (2002), Older adults in the United States tend to be marginalized, institutionalized and stripped of accountability, supremacy and eventually their distinction. Considering the history, people used to respect their elders and provided them great regard and respect, they were considered to be guide and teachers who are experienced to help them to reach the solution in case if any problem arise. It was considered to be divine if one lives for more than 50 years of age (Branco and Williamson, 1982).  

Friday, November 15, 2019

The impact of multinational corporations on an economy

The impact of multinational corporations on an economy Multinational Corporation also knows as Transnational Corporation or multinational enterprise. These three things have same definition and function. Multinational company is a company that have manage the business in one country or they called it headquarters and also have their branches of business in others country. Multinational company have brought the advantages and disadvantages in the host country. 2.0 FINDINGS 2.1 Definition of MNC According to the business dictionary MNC means the enterprise that operating in several countries but managed from one (home) country .While according to the International Economics books they divided it into three sections. First by the size, means MNC is the extent of internationalization need. Then by the structure the MNC include the number of countries in which the firm does business and the citizenship of corporate owners and the top managers. Lastly by the performance, depends on the characteristics as earnings, sales and assets. Others meaning of MNC is a network of capital, product, and knowledge flow between organisational units. 2.2 Characteristics of MNC The characteristics of MNC are a company must have and own or control value adding activities in more than one country. And they also have involving in strategic alliances with others company.MNC also bring the new technology with the new capital and access to the local market knowledge and distribution in the host country. Furthermore, the characteristic of MNC is to view the worldwide presence in one or more of businesses. 3.0 STATISTIC 3.1 Foreign Direct Investment Foreign direct investment means the other company from outside which is other country invest in one company of other country. Many of country include in foreign direct investment. Malaysia also takes a part in this business because many advantages Malaysia can get from foreign direct investment from other countries. Malaysia can get many profits and develop the country from it. Malaysia ranks among the world is a top 20th attractive country to foreign direct investment (FDI) according to the World Investment Prospects Survey 2007-2009 FDI  by the  United Nations Conference on Trade and Development (UNCTAD). Malaysia have a good strategy in map which means that the location of Malaysia in the heart of Southeast Asia and offer a cost competitive position for whom thats want invest in that country especially in manufacturing of technology product for regional place and global markets. The factors that Malaysia become a top 20th choice of foreign direct investment is firstly is a hum an resources that Malaysia have is from a younger categorize that is strong and intelligent enough. Malaysia also try to develop the country to become modern and technology so its need the foreign direct investment come invest to Malaysia .When this happen its will be the exchange of technology and increase the knowledge of Malaysia about the technology. Government also provide the good services and tax for foreign invest in Malaysia. This is to make sure the continuous supply of manpower to meet the needs of the growing manufacturing and technology sector of Malaysia. 3.2 The Gross Domestic Product The gross domestic product (GDP) is a basic measure of a country economics performance.GDP is a purchases prices that sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The most common approach to measuring and quantifying GDP is the expenditure method. The figure above shown the graph of Gross Domestic Product from 2005 to 2009 Figure 1.1 Bar chart of Gross Domestic Product (in 2000 constant prices) Ringgit Malaysia in Million 2005 2006 2007 2008 2009 Gross Domestic Product  Ã‚   (in 2000 constant prices) Ringgit Malaysia in Million  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   449,250 475,192 505,353  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   528,804  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   528,860 The bar chart above shows that the Gross Domestic Product from 2005 to 2009 in increase. Start from 2005 the Gross Domestic Product in Ringgit Malaysia shows the total is 449,250 million. Then follow by year 2006 the total amount is 475,192 million ,it have an increasing in number. While on 2007 the amount is 505,353 million. For 2008 and 2009 is 528,804 million and 528,860 million. This shows that the effect of MNC that invest in Malaysia have been increase the Gross Domestic Product in every year. The figure above show the pie chart of sector of MNC in Malaysia. Figure 1.2 A pie chart of sector of MNC in Malaysia 2005 2006 2007 2008 2009 Agriculture, forestry fishing  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   35,835  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   37,769  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   38,593  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   40,073  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   39,260 Mining 42,472  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   41,315  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   42,663  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   42,337  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   42,176 Manufacturing 137,940  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   147,672  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   152,262  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   154,195  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   141,934 Construction 14,685  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   14,604  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   15,279  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   15,604  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   16,071 Services 230,043  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   246,895  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   270,762  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   290,588  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   303,695 Many of MNC from other country invest in Malaysia. There have a specific into a few sector of MNC. There are agriculture, forestry fishing sector, the mining sector, manufacturing sector, construction sector and the lastly is services sector. The pie chart shows the total amount of Gross Domestic Product (GDP) in each sector start from 2005 to 2009.All the sector have the incensement in the GDP according the increasing of the year. Start from agriculture, forestry fishing sector the total of GDP is 39,260 million for 5 years. While in mining sector and manufacturing sector the amount is 42,176 million and 141,934 million. The construction sectors have 16,071 million in the GDP.The largest amount sector that influence the GDP of MNC is a services sector. This can be prove by the total amount is 303,695 million. For the smallest amount is in agriculture, foresting fishing sector. The reason why the agriculture, foresting and fishing is the smallest influence is because Malaysia has their own product that can be produce by the country itself. Its not too necessary to receive the FDI from outside. Furthermore Malaysia has a larger area of forest and sea. Diverse from agriculture sector, is services sector that give a large amount in GDP. Malaysia is a one country that in progress to develop, so its need many of technology to be use especially on a services sector. Example the public transportation service, they need to be improve on the speed and safety for the passangers.Nowdays many of public transportation have been improve such as LRT and KOMUTER.This transportation have a high speed and big space to take a many passengers and they can arrive the destination at the short time. 4.0 EVALUATION 4.1 The contribution of MNC in Malaysia Malaysia is one of the most talented manufacturing and exports that base in the area. Malaysia ranks as among the worlds top 20 attractive countries foreign direct investment (FDI), according to the World Investment Prospect Survey 2007-2009 FDI by the United Nations Conference on Trade and Development (UNCTAD). (www.tradechakra.com). There are more than 60 countries have invested in over 3000 companies in Malaysias manufacturing segment. The countries that have invested in Malaysia is Japan, Singapore, Thailand, United State and more else. Furthermore, Toyota, Hitachi, Ford and IBM are the examples of Multinational companies that contributed in Malaysia country. The main factor that are attracted foreign company to open up their business in Malaysia is the assurance of governments that retain the trade environment that are provides the foreign investors with the profits and opportunity for development. In general, foreign company in Malaysias manufacturing sector can hold 100% equit y in project which export 80% of their production and attractive tax rate incentives in 2008 is 26% and it will cut to 25% appropriate to mutually no-resident and resident companies. Malaysia proposes a broad range of tax encouragement for manufacturing scheme under the Income Tax Act 1967 and Promotion of Investment Act 1986. There are many types or sector of multinational company in Malaysia. The sectors are including the manufacturing, agricultural, mining, construction, forestry and services. For examples, the foreign country that contributes to manufacturing sector likes Japan automotive industry. Nowadays, Japan have contributes their automotive industry like Honda, Mitsubishi, Daihatsu and Toyota in Malaysia economies. 4.2 The advantages of MNC in Malaysia The advantages of multinational company in Malaysia are it will increase the economic resources. This is happen when other multinational companies from outside open their business in Malaysia and the foreign currency exchange rate in Malaysia will be increase the economies indirectly. When transnational company opens their industries in Malaysia, they need to hired people to work with them and it will provide job opportunities for unemployed graduates in Malaysia. Moreover, it will also transfer the management skills and technology to Malaysia. So, they can learn and used the technology for the development of the country. Other than that, Malaysia has its own natural resources like petroleum, oil, gas and others. It attracts the foreign country to open up their business in Malaysia. Moreover, it also will increase the development rate of host nation by introducing new investment, management skills and new technology. For example Perodua Myvi the 6th model of Perodua Malaysia is based on Daihatsu Boon and Toyota Passo from Japan automotive industry. Malaysia automotive and Japan automotive industry are joint venture to produce the new product and new technology. Furthermore, services transfer is also one of the positive impacts of multinational company in Malaysia. It means that, government will transfer the local workers to the foreign country to learn about their management and technology skills. So, they do not need to hired foreign employee to works in Malaysia 4.3 The disadvantages of MNC in Malaysia The negative impact of multinational companies that affected Malaysia is it will change the culture. Malaysia is based on different race and religion and they focuses about their culture and religion. The present of multinational companies from other country especially from West Country indirectly change and spoiling the local culture in the mentality, philosophy and more else. Other than that, they may not promote any development for the nations economic activities by basically source their components from out of the country. Its means, they will make local producers out of business. Multinational companies could take pleasure in high competitive advantages over local firms that can damaged local competition rather than promote it. Other than that too dependence of the foreign technology will make them take the advantages of Malaysias weakness and they will dominance the local industries. In addition, foreign country will interrupt of Malaysias economic plans and they will become ri cher better than local country. This is because they can get worker with low labour cost in Malaysia and cheap of raw materials. Other than that, the tax of Malaysia is low then their country so it makes them attract to open up their business in Malaysia. 5.0 CONCLUSION Multinational Company (MNC) gives a big impact in a country. It has the advantages and disadvantages impact. According to the Foreign Direct Investment the number of Gross Domestic Product (GDP) increasing follow by the years. Start from the early 1960s century the enter of MNC in Malaysia give a big impact, mainly in economy and social development of the country .There also have an transfer of technology in the country. Many of the things now is based on the technology. This is the advantages for the country to attract the foreign to invest in Malaysia because Malaysia is the one of the country that in process to develop the country into the developed country. Furthermore many of knowledgement can get from them to produce the intelligent and educated people in the country. The MNC also give the big profit to Malaysia . Although they give many impacts on the advantages in the country, they also give the disadvantages one. When the transfer of social is occurred, they give a some of t he bad social impact for the country. For example, when they have too many MNC from outside invest in Malaysia automatically they dominant the industry and this give the small chance for the local to invest in their own country industry. Other than that the technology of the country just depend on the foreign country. It just gives the foreign company to take advantages toward the host country to produce their technology. 6.0 REFFERENCE Economy Watch, Malaysia Industry Sector [online] Available at: [Accessed on 18 November 2010] Natarajan M. Tan J.M, 1992, The Impact of MNC in Malaysia, Singapore Thailand [ e-book], Institute of southeast Asian ,Available at: [ Accessed on 21 November 2010] Trade Chakra, 2008. Foreign Investment in Malaysia [online] (Updated 7 Dec 2009) Available at: [Accessed on 19 November 2010]

Wednesday, November 13, 2019

Qualia, Robots and Complementarity of Subject and Object :: Philosophy Papers

Qualia, Robots and Complementarity of Subject and Object Jackson claims that a person who sees colors for the first time by this very fact acquires a certain knowledge which she or he could not have learned in a black and white world. This argument can be generalized to other secondary qualities. I argue that this claim is indefensible without implicit recourse to the first-person experience; also Nagel’s "what it is like" argument is polemically weak. Hence, we have no argument able to dismiss physicalism by consideration of first-person qualia (contra Jackson); however, it does not force us to endorse qualia-reductionism. In the second part of my paper I defend non-reductionism in a different way. Following Nagel and Harman, I try to avoid criticisms usually presented against Nagel, seeing subjectivity and objectivity as two complementary structures of the subjective and objective element of our language. I refer to classical German philosophy, phenomenology and Marxist dialectics which have developed a complementary approach cruc ial in the reductionist/anti-reductionist controversy in the philosophy of mind. "Opinion says hot and cold, but the reality is atoms and empty space." Democritus Jackson’s Black and White Mary (1) case illustrates an argument that our first-person experience of qualia provides knowledge not accessible through third-person means. This argument seems suspicious: if ‘knowledge’, by definition, needs to be grasped in third-person terms, it is inconceivable how an exclusively first-person experience may give us knowledge. Harman (92) develops complementarity of subjective and objective aspects within his functionalism of concepts. This notion needs to be extended to epistemic complementarity. I refer to Classical German Philosophy, Phenomenology and Marxism which have developed a complementary approach crucial in the reductionist anti-reductionist controversy in philosophy of mind. I. The Knowledge Argument As Jackson (86) emphasizes in his polemics with Churchland (85) the main point of the case of Black and White Mary is not that Mary cannot ‘imagine’ what it is like to sense red but that "she would not know" (2) how red things look. I accept this argument, but not the next step. Jackson argues: "But if physicalism is true she would know; and no great powers of imagination would be called for." (3) There are two versions of physicalism: the first, against which Jackson has something to say, maintains that every instance of knowledge can be couched in third-person language. (4) But the assumption that physical information is solely what "you can tell" is not a necessary condition of physicalism. Qualia, Robots and Complementarity of Subject and Object :: Philosophy Papers Qualia, Robots and Complementarity of Subject and Object Jackson claims that a person who sees colors for the first time by this very fact acquires a certain knowledge which she or he could not have learned in a black and white world. This argument can be generalized to other secondary qualities. I argue that this claim is indefensible without implicit recourse to the first-person experience; also Nagel’s "what it is like" argument is polemically weak. Hence, we have no argument able to dismiss physicalism by consideration of first-person qualia (contra Jackson); however, it does not force us to endorse qualia-reductionism. In the second part of my paper I defend non-reductionism in a different way. Following Nagel and Harman, I try to avoid criticisms usually presented against Nagel, seeing subjectivity and objectivity as two complementary structures of the subjective and objective element of our language. I refer to classical German philosophy, phenomenology and Marxist dialectics which have developed a complementary approach cruc ial in the reductionist/anti-reductionist controversy in the philosophy of mind. "Opinion says hot and cold, but the reality is atoms and empty space." Democritus Jackson’s Black and White Mary (1) case illustrates an argument that our first-person experience of qualia provides knowledge not accessible through third-person means. This argument seems suspicious: if ‘knowledge’, by definition, needs to be grasped in third-person terms, it is inconceivable how an exclusively first-person experience may give us knowledge. Harman (92) develops complementarity of subjective and objective aspects within his functionalism of concepts. This notion needs to be extended to epistemic complementarity. I refer to Classical German Philosophy, Phenomenology and Marxism which have developed a complementary approach crucial in the reductionist anti-reductionist controversy in philosophy of mind. I. The Knowledge Argument As Jackson (86) emphasizes in his polemics with Churchland (85) the main point of the case of Black and White Mary is not that Mary cannot ‘imagine’ what it is like to sense red but that "she would not know" (2) how red things look. I accept this argument, but not the next step. Jackson argues: "But if physicalism is true she would know; and no great powers of imagination would be called for." (3) There are two versions of physicalism: the first, against which Jackson has something to say, maintains that every instance of knowledge can be couched in third-person language. (4) But the assumption that physical information is solely what "you can tell" is not a necessary condition of physicalism.

Sunday, November 10, 2019

Lyndon B. Johnson Essay

Lyndon B. Johnson’s presidential reign began with the assassination of former president John F. Kennedy in 1963. While the people of the United States tried to recover from the loss of Kennedy, Johnson used it to his advantage. Many citizens did not notice that this was being done, and some even wonder if Johnson himself knew he was using it to his advantage. By him telling America that Kennedy would have wanted the Great Society, the people believed him and went through with it. Many things, both good an bad came out of the Great Society. The Great Society was Johnson’s way of fixing the problems in America, that being the political, emotional and mostly the social problems. Johnson used the nations grief to pass the civil rights bill. It had the same idea of the bill Kennedy was planning on passing, but the difference was that Johnson’s was stronger and more powerful. This act was passed in July of 1964, and it outlawed radical discrimination in all public places. Places that included hotels, and restaurants, it banned the discrimination of unions, and the employers and even programs that were funded by the federal government. The civil rights act was not the only thing passed in 1964 though, he also passed the Economic Opportunity Act. As seen in document B, the act was made to help people in poverty. It started head start, a preschool program funded by the government, and gave workers and farmers money to break through and escape from poverty. It improved what was being done in our nation at that time, and became a milestone for our 180-year search for a better life for our people. With these couple of acts being formed it did help our poverty rates change. When you look at document H you can see that in 1959 before Johnson’s presidency, the poverty rate was at 55.1 for blacks, 18.1 for whites, and 53.3 for all non-whites. Once the acts were formed the rates went down a little and were recorded in 1966 by about 15 percent except for whites, the whites only went down 7 percent. They kept decreasing until 1974 where they were last recorded in the document at 29.5 percent for all non-whites, 31.4 for blacks, and 8.9 for whites. The white race was effected the most by this and they decreased the most out of all of races. Now with the change of the  poverty rates, Johnson also tried to help with medical prices. He started insurance programs such as Medicare for seniors and Medicaid for the poor. Document A shows Abraham Ribcoff testifying before the House of Representatives about the prices of medical care. The discovery of more advanced medical sciences and life spans lasting longer, the elders and poor need more help paying these bills and with Medicare and Medicaid help will be provided. Now the Great Society was a huge deal during Lyndon B. Johnson’s presidency. Probably because it had a huge impact on America to this day. Johnson poured millions, even billions of dollars into building a perfect society. While he was putting money into this, he was spending money trying to help with the Vietnam War. Document E is a perfect cartoon of what was happening in the time period. Johnson knew that we could not win the war, but he kept us fighting. Many lives were lost, and more and more money was spilt into it. The idea of his Great Society fed right into the war. So much money was lost into the US economy and it is money that we have not gotten back. People were disappointed with Johnson because he kept us fighting, but he did not under their anger. In document F, an interview of Johnson in 1967, he states, â€Å"How is it possible that all these people could be so ungrateful to me after I had given them so much?†¦Ã¢â‚¬  He has a point where he had done a lot , but this was nothing compared to the pain families had felt over their loved ones. Johnson was not the only political figure during this ear that made a strong impact on civil rights. Several supreme court cases were occurring at this time between the Miranda rights, and when Plessy was overturned by Brown. Along with Baker v. Carr and Engel v. Vitale. All of these impacted women and blacks. Betty Freedan was against the perfect life idea for women. Where they need to be the perfect wife for their husbands and how it was every woman’s dream. Betty had this life and it was not her dream. Blacks wanted full rights, no more segregation between them. With these two together the civil rights movement began. More information on these two groups are found in document C and D. Johnson faced a lot during his presidency, and he made it through all of it. He made a large impact on American’s life. Economically he put us into a severe struggle, but he did help with medical care, and schooling for children. Socially we now have equal rights, and the civil rights movement did work after a while. We all get along in schools and those movements started it all. Politically he was not the best president, but they all have ups and downs. My own opinion, Johnson was an okay president. Life was difficult then, but many of those difficult things made the life we live today a lot better.

Friday, November 8, 2019

WAP essays

WAP essays Wireless Application Protocol (WAP) is an application environment and a set of communication protocols that allow the development of applications and services that enable mobile phones and other mobile devices, such as pagers, Personal Digital Assistants (PDAs) to, manufacturer-, vendor-, and technology -independent access to the Internet or an Intranet. This synergy between the world's two fastest growing technologies - mobile technology and the Internet - is creating and opportunity that no organization can afford to ignore. This opportunity is called the Mobile Internet. Wireless data networks present a more constrained communication environment compared to wired networks. Because of fundamental limitations of power, available spectrum and mobility, wireless data networks tend to have: Less predictable availability Furthermore, as bandwidth increases, the handset's power consumption also increases which further taxes the already limited battery life of a mobile device. Therefore, even as wireless networks improve their ability to deliver higher bandwidth, the power availability at the handset will still limit the effective throughput of data to and from the device. A wireless data solution must be able to overcome these network limitations and still deliver a satisfactory user experience. Handheld wireless devices present a more constrained computing environment compared to desktop computers. Because of fundamental limitations of battery life and form factor, mass-market handheld devices tend to have: Restricted power consumption Different input devices (e.g., a phone keypad, voice input, etc.) Because of these limitations, the user interface of a wireless handset is fundamentally different than that of a desktop computer. The limited screen size and lack of a mouse requires a different user interface metaphor than the traditional desktop GUI. Furthermore, consumers desire handsets with longer...

Wednesday, November 6, 2019

Nike an Ethical Issue I Essays

Nike an Ethical Issue I Essays Nike an Ethical Issue I Paper Nike an Ethical Issue I Paper Nike an Ethical Issue Nike an Ethical Issue Nike is a company that was created on an agreement and a handshake between two men. That handshake between Bill Bowerman and Phil Knight became the foundation of how Nike does business. Integrity and commitment to the highest ethical standards make up the code of business ethics for Nike. A company like Nike that has a code of ethics and a foundation of how business is conducted should not have any problems with ethical issues as far as the way they do business; however there is an ethical issue in regards to Nike. Ethical Issue Nike has been accused of using child labor in the production of their soccer balls. This ethical issue has taken place in Pakistan. There are laws in Pakistan against child labor and slavery, but the Pakistan government does not take the necessary action to stop it. The United States constitution states that child labor is an illegal and inhumane practice and any United States company found guilty practicing and encouraging it will be prosecuted. The General Agreement on Tariffs and Trade and the World Trade organization prohibits member nations like the United States, from discriminating against the importation of goods made by children. In essence it seems as if this practice is condoned. One of the reasons the practice of using child labor goes on is the fact that these third world countries are in such dire need and these children are helping in the support of their families. Pakistan has a per-capita income of nineteen thousand dollars per year. This equates that a typical person lives off of five dollars a day. Nike does not launch production directly in Pakistan. It is subcontracted through a local firm, which has to abide by Nike’s international rules and regulations when producing its goods. Nike has the duty to monitor the subcontracted firm. Nike an Ethical Issue Nike also has based its operations in Vietnam, China, Indonesia, Bangladesh, and India. It seems as if Nike thrives to operate in such countries due to the low cost labor to make its products. Twelve- year-old girls work in Indonesia sweatshops seventy hours a week making Nike shoes in unhealthy plants. There have been many other claims about the mistreatment of workers of sweatshops in other countries in which Nike has subcontracted. Ethical Perceptions across Cultures. The ethical perceptions across the cultures in regards to child labor come from the various sources. The culture for countries such as Pakistan, in which the earnings of one person goes to feeding ten people, it is very difficult for a low income population to survive. With the population in Pakistan being at one million and is an important center for the production of goods for export to international markets. In 1994 exports brought three hundred eighty five million dollars to the economy of Pakistan. Those exports came largely from the use of child labor producing goods. Therefore that culture is somewhat dependent upon those children that work illegally. Looking at the situation from a culture such as the United States, we view it differently. The economy as bad as it may seem it is nothing of that of other countries. The United States is rich in comparison and does not condone such practices. The idea that Nike using child labor open debate as to what is ethically right. Some would say that Nike is doing a great deed for Pakistan. The parents willingly send their children off to work in a factory to help support them so the argument along with that would be to buy more products that the children produce. This would increase their demand and they would produce more. This would allow them to earn more. It is believed this would give them a chance to rise above poverty level and the benefits would not only pay off for the families of the children, but for the nation as well. The argument to increasing the demand of the products made by child labor would be that it encourages child labor. That in turns encourages more birth rates, which creates more slavery, and sweatshops. Education among children will continue to decline. More and more children will be bought and sold on the black market and the problem would never end. Risk and consequences associated. There are many risk and consequences involved with Nike conducting business utilizing child labor around the world. This places a negative impact on Nike and it goes against what is written in the code of conduct for Nike. This could also cause a decrease in sales and a loss in revenue due to the American public opposing this type of practice in business. Conclusion Nike is a business that was built on good values and ethics. Those same values and ethics are in question in regards to the labor they use in third world countries. This labor comes in the form of children. Children are sent to work in these factories by their parents so they can help support them. These children receive very low wages and the working conditions are substandard. There are laws and regulations that govern these practices but they are not strongly enforced. These countries are very poor and the income that Nike brings to these countries drastically improves their economy. The United States constitution states that child labor is an illegal and inhumane practice and any United States company found guilty practicing and encouraging it will be prosecuted. The General Agreement on Tariffs and Trade and the World Trade organization prohibits member Nike, an Ethical Issue nations like the United States, from discriminating against the importation of goods made by children. Nike did not directly have these children working in these conditions. They hire subcontracting firms to make their products. Nike is responsible to monitor the subcontracting firms to ensure all business practices are within the rules and regulations set forth. The ethical perception across the cultures varies among the cultures. The third world countries view this as a means of providing for their families and improving the economy of their countries. Others view this act as unethical and criminal. Nike has taken risk in their production of products in which the use of child labor is used. This risk not only cost them their reputation but it prove to be a huge financial loss as well. References Websites www. American. edu/TED/nike. htm www. nikebiz. com

Monday, November 4, 2019

How do you Pay for Performance in a downward economy Essay

How do you Pay for Performance in a downward economy - Essay Example A stock option plan gives the employee the opportunity to buy the stock of the company they work for at a discounted price. The workers typically obtain instant capital gains when they exercise their stock options. A good attribute of stock options is that the wealth of the company is being shared with the people that create the corporate empire. The pension plans of companies should not include any investment in common stocks of the firm. One of the lessons from the demise of Enron was the necessity for diversification in employee pension plans. The shaky economy is causing a lot of problems for the workforce in America. Massive layoffs, downsizing, and divesture strategies are hurting the economy. The unemployment rate in the United States in September 2011 was 9.1% (Bls, 2011). People have become hesitant of asking for raises when employees don’t automatically give them because they fear being singled out for future downsizing initiatives. "The communication of economic challenges is an opportune time for financially stable companies to tell their employees that they are taking care of them† (Ceridian, 2011). Loyalty from both sides has decreased a lot in the 21st century. Employees are more willing than ever to quit a job in search for a better employment opportunity. An example of a current labor confrontation among a union and an ownership team is the National Basketball League labor dispute. The NBA players are in lockout because the owners want lower the salaries of its employees. The NBA owners instead of offering higher salaries are looking to decrease the total compensation of the players by a minimum of 12.28% (Myfoxboston, 2011). The entertainment sporting industry has been hit hard by the recession. Last year NBA owners lost $300 million. Employees across every industry are seeing their salaries stagnant compared to the traditional

Friday, November 1, 2019

I've attached the file Essay Example | Topics and Well Written Essays - 250 words - 2

I've attached the file - Essay Example joyed as a result of concentrating activities near a certain facility for instance, a source of raw materials, transport facility, an institution of higher learning and many others. Localization aids in reducing an enterprise’s expenses such as transport cost and damage on raw materials resulting from long distance transportation. Spatial equilibrium assumption is the notion that firms and workers are different across space and the research on urban areas is distinct from that of nations. Basically, urban economists recognize the existence of agglomeration economies which arise when productivity increase with density; however, assessing the enormity of those economies is a real challenge. The assumption of the existence of a baseline spatial equilibrium provides a map to understanding the role of agglomeration on the economy. In essence, the assumption gives a projection of how workers and firms can cooperate to ensure maximum benefits. Additionally, one gets an overview of urban economics which assists in handling the economic issues at hand. Consequently, the assumption assists in identifying the empirical regularities in urban economics, for instance, people are more productive in dense population and that high wage in urban areas are usually counterbalanced by high cost of