Commercial Law Essay Example | Topics and Well Written Essays - 3000 words - 2

Commercial Law - Essay Example many are those who have said that â€Å"the core objective of undertaking commercial and thus creating a commercial atmosphere in any country would fail†2. For example if commerce or the act of doing business is not regulated, chances are that people would seek to make money through the wrong means and there will be no way of checking how much a person makes and through what means so that the needed agencies including government would have the right allocation of taxes to benefit the larger population. But when arguing for the regularization of businesses or commercial activities, many are those who have questioned how the regulations should be carried out, with a lot more people touching on the possible use of a commercial code3. This paper therefore addresses the question of whether or not the United Kingdom needs such a commercial code that have been practiced and used in other jurisdictions including Germany and Turkey. A commercial code is a form of regulation that guides and governs the way and manner in which the commercial institution of any country or given region should operate. It is therefore said to be â€Å"a codification of governing laws for all commercial entities within an identified setting including trade, merchants, companies, commercial bargains, and commercial contracts†4. The emphasis here therefore is that the commercial code is a standardised document that clearly states all laws that should guide the way commerce should be undertaken from both a practical and theoretical perspective. These laws are also taken from a private law perspective even though it may be regulated on a national basis in most cases. Commonly, the aspects of private laws that will be included in a commercial code includes but not limited to â€Å"sales of goods, leases of goods, business contractual agreements, negotiable instruments, fiscal deposits, letters of credit, investment securities, amo ng others†5. Once the laws that should guide trade and business are

An analysis of an aspect of human culture from an anthropological Essay - 1

An analysis of an aspect of human culture from an anthropological viewpoint - Essay Example A close observation of history proves that ethnicity does not always lead to conflicts in society. However, when certain situations arise, conflicts occur out of ethnicity. In fact, nationalism too is the result of this feeling of ethnicity. Nationalism occurs when one group feels that a nation is essential for them. This makes the people assemble their ethnic identity and shared historical experience in national terms. Thus, what happens over time is nationalism born out of ethnicity makes a submissive group into an ethno-political group. On 7th June 2001, Matthew Duss of Center for American Progress reported that Israel- Palestine conflict is still a hot-button issue in the Middle East politics. Here, it seems that a look into the above ideology of Eller will prove how ethnicity is converted into nationalism and then to conflict. For example, until the First Intifida, Palestinians were just a non-nationalist ethnic group. However, the 1967 Arab-Israel war played a major role in con verting the passive feeling of culture in Palestinians into an active political force. As the West Bank and Gaza Strip were occupied by Israel, many leaders including Yasser Arafat helped the conversion of Palestinian cultural traits into an active ethno-political group in the Middle East. From the above, it becomes evident that cultural traits are converted to ethnicity when a group begins to acknowledge differences between them and other groups. In addition, this ethnicity is converted into nationalism when an ethnic group begins to mobilize behind the idea of a nation. In simple terms, according to Scholars like Eller, once a group becomes self-conscious about their difference within society, which occurred in Palestinians as a result of the injustice inflicted upon them by their counterparts, there is the initiation of group mobilization. In the case of Israel-Palestine conflict, there are two groups; the Jews and the Palestinians. The Jewish people were already motivated and fu lly aware about the need to have their own nation as a result of the torture they faced in Western nations. It took some time for the Palestinians to acknowledge their need to have a separate nation as there were prior triggers that promoted this ethnic identity. From the point of group mobilization, the group is not merely an ethnic group; instead, it becomes a nationalist group. Now, a look into the history of Israel-Palestine conflict will justify the ideology. Palestine was a land which had no internal conflicts despite the presence of a multi-cultural society. The presence of Muslims in the population was 86%, that of Christians was 10%, and that of Jewish was 4%. Here, one should remember the fact that despite this multicultural presence, there was no feeling of ethnicity, or was not aroused by any cause. However, by the end of 1800, Jewish settlers from Europe, known as Zionists reached Palestine with the intention to make that place their homeland; still the place was calm f or a long time. As Hitler rose to power and Jewish activities were sabotaged in Western countries, more and more Jews reached Palestine openly expressing their interest in making Palestine their homeland. Here, the local populace got concerned, and, as a result, issues broke out. Soon, there was widespread violence throughout the region. As there was more and more violence, UN intervened and proposed an evidently unjustifiable solution; 55% of Palestine for Jews, and the remaining for Palestine. In 1947, war erupted between five Arab nations on the one side

Discuss the findings of the OFGEM report with regards to the UK energy Coursework - 1

Discuss the findings of the OFGEM report with regards to the UK energy market; and discuss if more competition between the big six UK energy firms may benefit UK consumers - Coursework Example The UK energy market has never experienced stiff competition from either new or existing energy supplying firms. A critical analysis of the current level of competition in energy supply proves that it is harmful to the consumers. In essence, the current competition in the energy sector has increased the energy prices and led to additional expenses to consumers. The competition among the six major energy firms in the UK is unhealthy as far as consumer welfare is concerned. Competition in the UK energy market need to be increased in order to improve service delivery and reduce the energy prices. Rise in the level of competition in the energy industry would be of great importance to the consumers. Allen, Hammond, & McManus, (2008) states that the UK energy sector has experienced several changes in the past few years. The prices for electricity and gas have been on rise, with that of gas rising at a higher rate. A research conduct from 2011 to 2013 on domestic energy prices showed that the price levels have been on an increase with no signs of decrease. The energy expense has risen by over 4% in the past ten years. Consumers have to keep on adjusting their budgets to meet the ever increasing energy expense. As a result, some customers keep on switching from supplier to supplier for better deals. However, the rate at which consumers switch from one supplier to the other is very minute and, therefore has little influence on the annual energy consumption expense (Johansson et al., 2012) The UK government has established mechanisms to move to cleaner sources of energy. Use of energy sources such as gas, coal and nuclear power produce greenhouse gases that are destructive to the ozone layer. Research has shown that the increased production of greenhouse gases has contributed to climate change. For instance, over the past ten years, climate patterns have changed and become a little bit unpredictable. In order to control discharge of harmful

Business management Essay Example | Topics and Well Written Essays - 750 words - 1

Business management - Essay Example While, the list of functional areas that exist within a business is extensive and also reliant upon the nature of an organization, its scale and the industry in which it operates, the primary functional areas of a business can be classified as: human resources, administration, production, finance and marketing and sales (Carysforth and Neild 2000). Consequently, organizations that operate in the information technology industry may have a dedicated IT department while, manufacturing industries may finance the establishment of a research and development department in addition with the primary functional areas that have been identified in the paper. Accordingly, the focus of the paper is dedicated towards an examination of the functions of human resources and administration which are two distinct functional areas of business that interest me the most as a student of business management. According to Sims (2007) the business landscape of the twenty-first century is marked by the growing importance of human resources as a pivotal component of organizations. ... These aspects include the procedures of recruitment, selection, training and development, learning, motivation, complying by labor laws and ensuring that health and safety regulations are met. Therefore, my role as a human resources manager would be designed to successfully meet the stated purposes of the human resources function. This would involve the management of the entire HR system which constitutes of the recruitment process and employee dismissal, examination of employee performance to design appropriate benefits and compensation packages and the initiation of comprehensive employee engagement, training and development measures to enhance individual potential (Chuang and Liao 2010). An interesting observation with regards to the assessment of the functional areas of business is that each and every department is provided with a distinct purpose and direction which is much unique and different from that of the other. However, the administration function is the only area of an o rganization which serves a wider purpose by assisting the operations of human resources, finance, marketing and production departments amongst others. With the introduction of diversified concepts such as organizational innovation and knowledge management with respect to business operations, the significance of establishing a comprehensive administrative system under the administration function has been augmented. Liao and Wu (2010) classify the development of an administrative system as a part of an organization’s process of innovation which is pivotal to the success of today’s business. The fact that the administration department is

How capital markets led to the new economy bubble and the banking Essay

How capital markets led to the new economy bubble and the banking crisis - Essay Example This research will begin with the statement that the occurrence of the global crisis in 2008 started with developed countries particularly in the United States of America, and its impact spread rapidly to other parts of the world. The crisis was contributed by the negligence of the financial institutions that issued insecure loans to the investors hence making the repayment hard during and after the recession. The decline in the prices of residential houses made it difficult for mortgagees to repay their debt. Consequently, the investors withdrew their wealth from the capital market to repay their loans with other investors lost trust and confidence with financial institutions resulting to the withdrawal of invested wealth from the capital market. Capital market refers to the financial market in which the long-term debt or equity-backed securities are traded. The role of the capital market is to collect resources of the savers and distribute them to the long-term investment opportuni ties, especially in government and companies’ investment saving schemes. This document gives the detail of how the capital market was responsible for the global crisis and its impact on the world economy. The contribution of the capital market to global financial crisis gives and understanding of the financial markets operates and how different financial institutions are interlinked across the globe. During the period between 2000 and 2007 investors generated a lot of wealth and had enough to save in the banks.

What are the main data collection techniques to elicit requirements Is Essay

What are the main data collection techniques to elicit requirements Is one better than another What is the preferred method - Essay Example Basically, there are two types of interview: structured and unstructured interview based data collection methods. We can extract a lot of useful data through such interviews. We can use this technique to discover people’s opinions, feelings, objectives and hard facts. However, there are certain limitations of this method, for example a large amount of qualitative data can be hard to analyze and it is extremely difficult to compare diverse respondents (Fisher & Foreit, 2002; Summerhill & Taylor, 1992). This is a significant data collection technique to elicit requirements. This method allows us to collect data and information quickly a large number of people. Here we are able to easily manage this process remotely. This can also offer a great deal of support for collecting data about beliefs, attitudes and characteristics. However, there are also certain problems with this method like that its simplistic (presupposed) categories offer a very small background. Here we also have no room for users to communicate their real requirements (Fisher & Foreit, 2002; Summerhill & Taylor, 1992). This data collection technique to elicit requirements is used for summarization as well as feedback. Here we are able to discuss the outcome of the data collection stage. This method also allows us to extract a set of requirements. We can use this data collection technique as a significant management tool. However, the scope of this technique is very limited (depends on the discussion) (Fisher & Foreit, 2002; Summerhill & Taylor, 1992). This data collection technique to elicit requirements is based on the brainstorming and project team. This technique allows us to make use of more natural communication between people as compared to a formal interview. In this scenario, we are able to measure reaction to motivation materials (for example: storyboards, mock-ups, etc.). This method has also some disadvantages for instance it is can create unnatural

Marketing research proposal Essay Example | Topics and Well Written Essays - 2000 words - 1

Marketing research proposal - Essay Example It appears that this group is consuming other soft drinks in large quantities and is attracted to buying drinks for reasons other than quenching thirst. This report will outline how Pepsi-cola should conduct their research using qualitative and quantitative techniques in order to understand the current market trends. This will enable the brand to capture a larger share of the market. In Australia Pepsi competes with its main rival Coca Cola for a share of approximately $3.8Billion. It is estimated that market will continue to compound annually until 2016 by 2.5 percent. More recently market dynamics has changed with the introduction of a number of new healthier and trendy beverages. People are shifting to water and fruit drinks since these are perceived as healthier drinks. Energy drinks on the other hand are gaining popularity due to increase in their advertisement as alternative drinks. These lifestyle and behavioral changes where people are gradually shifting to taking drinks that they perceive to be healthier and trendy have adversely affected the overall sales of the Pepsi cola soft drink product line as illustrated in figure 1. As illustrated in figure 2, the largest consumer group for Pepsi is the 35-50 year old segment, however over the last ten years this group has declined, while the 50-60 year old group is showing increases. On the other hand the 18-35 year old segment has steadily declined. In other words Pepsi’s customer base is declining because of poor adoption rates in the youngest group and changes in the older group’s consumption behaviour. The question that Pepsi’s management faces is on how to reverse the decline in sales. Is it to change the advertising/communication strategy or to develop a new product that will capture the market change, that is, to produce a drink that people will perceive as healthy and