Over all Impacts of Hobby Lobby Case Essay Example for Free

Over all Impacts of Hobby Lobby Case Essay As the Supreme Court has ruled against the ObamaCare mandate recently, commonly referred as the The Affordable Care Act (ACA), many of the religious communities are overwhelmed about the decision and take it as a victory whereas others are outraged about this situation as women community will be greatly affected by the rulings of the court. It is a setback for the women society that in the name of religious liberty they will be deprived of their medical concerned issues. The companies that consist of religious ideology will be able to legitimize something that may harm others. Certainly these events will have constant series of effects on the society and as well as some changes may also occur in the legislation relating to ObamaCare. Obamacare covers twenty types of birth control, upon four of them; the court has objected (Tom Cohen, 2014). Hobby lobby states that it is showing efforts to provide religious freedom but majority of the public don’t agree with this statement. Instead people are outraged that it is interfering in their personal lives. It will not let them exercise there constitutional rights. Moreover they would be forced to obey or practice something that they don’t agree upon. People will not tolerate that there liberty and freedom will be in risk. Soon the similar types of entities like Hobby Lobby will be legitimizing discrimination against gays and lesbians by businesses (Salon.com, 2014). Defintly it would be unethical of doing so because what kind of an individual is having relationships is their personal right. In the name of faith and religion they will be creating barriers in there jobs and at work places. On the stance of ethical issues, the question arises about the religious liberty. Will it really make us a good Christian or minimizing our choices and freedom? It will be unacceptable by the public that the Supreme Court has legalized something that creates discrimination and deprives women from their medical rights. Indeed it is a biased decision made by the Supreme Court. In the light of the decisions made, employees of any company will be obliged to practice the religious beliefs practiced by their owners. Common people have a religious perspective that, every individual is responsible for his or her own deeds and will be answerable to God. But the decision that has been taken in this case by the court will certainly snatch the liberty from the company’s employees. Upper management will be able to force their religious beliefs and customs down the throats  of their employees. On the other hand, the decision will have negative effects on the women employees as majority of them may have a chance of suffering from medical problems for example in case of ovarian cancer, ovarian cysts, they won’t be able to get enough or no treatment because of the objection of contraceptives. Thousands of women employees of these companies would have to pay double or be out of their birth control plan (Tom Cohen, 2014). It would be unethical for the companies for interfering in their employee’s private personal medical matters. References Tom Cohen, C. (2014). Hobby Lobby ruling much more than abortion. CNN. Retrieved 4 October 2014, from http://edition.cnn.com/2014/07/02/politics/scotus-hobby-lobby-impacts/ Salon.com,. (2014). Hobby Lobbyà ¢Ã¢â€š ¬Ã¢â€ž ¢s secret agenda: How ità ¢Ã¢â€š ¬Ã¢â€ž ¢s quietly funding a vast right-wing movement. Retrieved 4 October 2014, from http://www.salon.com/2014/03/27/hobby_lobbys_secret_agenda_how_its_secretly_funding_a_vast_right_wing_movement/

Antigone :: essays research papers

Justice is a word we hear today all the time. Left and right we hear of judges and citizens demanding justice. Is justice always the right way? It seems that justice is not always the correct solution to a problem, but a solution that is the easiest to make. The classic play Antigone is a perfect example of this. Antigone is classic tragedy at its finest. A simple civilized and humane right of burying a loved one is turned into a great loss. Creon’s inapt decision to hold his power and sentence Antigone to death causes him to lose the people he loves most. The â€Å"justice† of the play is simply Creon’s punishment for his cruelty to Antigone.   Ã‚  Ã‚  Ã‚  Ã‚  When Antigone learns that no one is to bury her brother, she immediately knows what she must do. She doesn’t even hesitate to her decision and she is fully willing to face the consequences to do what is right. She believes that what she is doing is just a humane right and she’s willing to die for what she believes in. She even tells Creon that what he’s doing is against what the gods wanted and that his laws were worthless. She states: â€Å"Not through dread of any human pride could I answer to the gods for breaking these.† It seems that gods are almost speaking to Creon through Antigone and warning him of his decision.   Ã‚  Ã‚  Ã‚  Ã‚  Antigone is almost hailed to a god like status, as Oedipus was before her. She is extremely strong and unbelievably willing to sacrifice everything in the name of honor and pride. She so easily makes her decisions and chooses to die willingly without a second thought. The minute Creon questions her on breaking the law, she states: â€Å"Die I must, -I knew that well (how should I not?)-even without thy edicts.† What is even more is that Antigone was a woman, a woman in a time of extreme male domination. This makes her even stronger of a person in the play and shows the growing strength of the gender that we know of today.   Ã‚  Ã‚  Ã‚  Ã‚  The blind sear once again plays the roll of an extremely reliable, but ignored person. He warns Creon of his terrible mistake but when Creon goes to change his wrongs, he finds out its too late. Creon is given more than enough warnings of his fate as Antigone states in the play: â€Å"And if my present deeds are foolish in thy sight, it may be that a foolish judge arraigns my folly.

Participation of Juveniles in Deviant Behavior Essay

From the very dawn of the formation of civil communities, some types of behavior had been classified as unlawful and had been discouraged. Even the earliest legislations had inflicted punishment for infringement of the extant laws, in wider interests of their society. This practice has continued to this day and it is common knowledge as to what does or does not constitute unacceptable or deviant behavior. Deviance has been described as the breach of the cultural standards and one such instance is crime. An important subset of crime is juvenile delinquency or crimes committed by juveniles. Juvenile deviant behavior occurs due to a number of causes and some of these are a disturbed home environment, difficulty in adjusting to the school environment that results in discontinuing school and in poor academic performance and associating with immoral persons. Traditionally, the perspective of criminology has been restricted to the contravention of laws laid down by society. On the other hand, research in the context of deviancy has adopted a much wider perspective and labels any abnormality that is socially prohibited as being deviant. Accordingly, the use of obscenities in speech, mingling with antisocial element and alcoholism constitute deviant behavior. In other words, the sociological approach to deviance encompasses the restricted perspective of traditional criminology (Deviant Behaviour , 1994). The various steps that culminate in the establishment of deviant identity are ignominy, social rejection, and membership of a subculture that is deviant and assumption of a deviant role. The assumption is that social processes act in such a manner that the individual is compelled to assume a deviant role, because of the exclusion of the more conventional positions. The result of the adoption of such a deviant role is that the individual may become a member of a deviant subculture and may eventually adorn the role of permanent deviancy (Deviant Behaviour , 1994). Some of the major causes for socially deviant behavior amongst juveniles have been identified, by researchers, as childhood abuse, neglect and trauma. The abuse of narcotic substances has been considered to be the root cause of trauma in juveniles and most of the juveniles in detention were either addicted to drugs or had been addicted to drugs prior to incarceration. Furthermore, poverty has been found to be closely associated with violent crime and homicide. It was observed in many ghettos in the US that the crime rate was on the increase wherever there was economic deprivation, whereas there was a reduction in crime rates in areas located outside these ghettos (Blank, 1997. P. 47). It had been opined by the chief of the child development and behavior branch of the National Institute of Child Health and Human Development or the NIH that crime, pregnancy amongst teenagers, discontinuation of school and substandard academic performance were caused by the lack of adequate reading skills. Moreover, various research projects that had been conducted in the past, had established that a dearth of reading skills had a direct bearing on the proliferation of juvenile delinquency (Hodges, Giuliotti, & Porpotage, 1994). In 1951, a survey conducted by Melvin Roman, revealed that approximately eighty  ¬Ã¢â‚¬â€œ five percent of those who were receiving treatment in the clinic attached to the New York City Children’s Court, had impaired reading skills. It was also stated by many authorities that detained juveniles were invariably characterized by academic achievement that was unsatisfactory (Hodges, Giuliotti, & Porpotage, 1994). Economic deprivation produces a variety of deviant behavior in juveniles, who fall victim to anger, apathy, ignorance and desperation. Ignorance prevents juveniles from taking advantage of the education system to obtain skills that could prove to be adequately remunerative and this in turn results in discontinuation of schooling. Moreover, some of these juveniles might have parents who indulge in the abuse of drugs and this could embolden them to undertake risks that could prove fatal, in order to experience pleasure for a small duration of time.

Corporate Social Responsibility Of The World Essay

Chapter: 2 Corporate Social Responsibility 2.1 History of Corporate Social Responsibility 2.1.1 Corporate Social Responsibility in the World: The origin of Corporate Social Responsibility in businesses has no fixed date. Most experts, scholars, researchers, practitioners, writers, philanthropists, civil societies conscious citizens opined that it can be carried out in an ethical and socially responsible manner. It is assumed that in the year 1960 corporate social responsibility began to emerge, and the civil rights movement, consumerism, and environmentalism greatly changed the way society expected the business world to behave. In the year 1970 there came the common use of the term CSR along with many attempts to officially define the phrase. In 1980, the new International Development Strategy focused on achieving a more stable world economy, stimulating economic growth, evening out social inequities and countering the worst impacts of poverty. While scholars from the 1970s into the 1990s wrestled with CSR concepts and developed stakeholder theory, numerous business leaders had independently articulated similar views on the purpose of business. Throughout this period scholars attempted to define, redefine, and clarify the concept of corporate social responsibility that they saw being assumed by, imposed upon, and played out by business. In addition, scholars sought to connect and integrate disparate principles and activities into a more comprehensive conceptual model.Show MoreRelatedCorporate Social Responsibility Of The Business World1269 Words   |  6 PagesCORPORATE SOCIAL RESPOSIBILITY Presentation: Corporate social commitment is the term used to portray the way that a business considers the cash related, characteristic and social impacts of decisions and exercises it is incorporated in. The piece of Corporate Social Responsibility in the business world has made from a fig leaf publicizing front into a fundamental piece of corporate behavior over the span of late years. Conservative frameworks are regarded, pined for and passed on additional byRead MoreWhy Has Corporate Social Responsibility Become Such a Prominent Part of the Business World Today?1977 Words   |  8 PagesWhy has Corporate Social Responsibility become such a prominent part of the business world today? It is widely believed that Corporate Social Responsibility (CSR) is one of the most important tasks in the twenty century. Some people may consider that companies have always been the profit organizations, and social affairs are in charge by the government, which is a common sense that there are no directly relationships between each other. However, CSR is considered one of the key elements to sustainRead MoreCorporate Social Responsibility : Mcdonald s The World s Largest Chain Of Hamburger Fast Food Restaurants1014 Words   |  5 PagesTherefore, I partly agree with this statement. CSR (Corporate Social Responsibility) is a form of self-regulation integrated into a business model whereby companies and enterprises consider the interest of society by taking responsibility of many objects such as employees, shareholders, customers, even communities and environment. President CEO of McDonald s corporation Mr.Don Thompson has stated : â€Å"We realise that our business and responsibilities to society are inextricably linked.† In fact, thisRead MoreCorporate Social Responsibility : Corporate Responsibility773 Words   |  4 PagesCorporate social responsibility may also be referred to as corporate citizenship and can involve spending finances that do not directly benefit the company but rather advocate positive social and environmental change. The soul in the next economy forum presentation made it evident that achieving corporate social responsibly in a company can reap major benefits in terms of finances, more inspiring workplace and customer satisfaction . In the past, companies mistakenly thought that corporate socialRead MoreCorporate Social Responsibility Essay1334 Words   |  6 PagesThe term Corporate Social Responsibility refers to a company’s responsibility to provide a benefit to the society the company affects. Corporate social responsibility incorporates dimensions of corporate responsibility, and corporate policy which include a company’s policy to hire minority or disabled workers, or taking a stance on social and political issues that benefit the community. The social portion of corporate social responsibility includes corporate charitable business contributions andRead MoreTypes Of Corporate Social Responsibility1539 Words   |  7 Pageshave changed with the times, and it burdens businesses to accept more social responsibility for the cost of doing business. In order for a business to continue to be successful in this rapidly changing business world it must accept the changes of corporate social resp onsibility. One of the most significant changes in today’s society is the use social media, and advertising through social media. â€Å"Corporate Social Responsibility is defined as the integration of business operations and values, wherebyRead MoreThe Problems of Social Responsibility1350 Words   |  5 Pages1. INTRODUCTION Combine Corporate Social Responsibility (CSR) into strategic management is making and increase profit to a companys business. In recent year, the importance of Corporate Social Responsibility (CSR) has gradually become a very concern to industries. Hence, there have been gradually increasing tensions with many companies and increase the responsibility of managers try to carry out Corporate Social Responsibility (CSR) to society. In fact, managers should be having knowledge and understandingRead MoreChallenges in Implementing Csr1580 Words   |  7 PagesChallenges in implementing CSR Corporate Social Responsibility can be separate into internal dimension and external dimension. Internal dimension and external dimension Internal dimension focuses on organizational practices with respect to internal stakeholders that should be aligned to corporate social responsibility standards. It includes human resource management, safety and health, environmental impact and corporate change. External dimension focus on an organization practices towards externalRead MoreConcept Of Corporate Social Responsibility1723 Words   |  7 PagesSocial responsibility is an idea that has been of concern to mankind for many years. Over the last two decades, however, it has become of increasing concern to the business world. This has resulted in growing interaction between governments, businesses and society as a whole. In the past, businesses primarily concerned themselves with the economic results of their decisions. â€Å"Today, however, businesses must also reflect on the legal, ethical, moral and social consequences of their decisions† (AndersonRead MoreCorporate Social Responsibility Of India Essay1669 Words   |  7 Pages CORPORATE SOCIAL RESPONSIBILITY IN INDIA â€Å"Crossing the Bridge from Knowing to doing† Jasleen Kaur Luthra* â€Å"Successful people have a social responsibility to make the world a better place and not just take from it.† Carie Underwood Abstract The 21st century is characterized by unprecedented challenges and opportunities, arising from globalization, the desire for

Informative Essay German Culture Facts, Customs and...

Come drink a Bit burger and eat a delicious wiener schnitzel in Germany! Germany is just slightly smaller than the state of Montana in the United States. In addition, Germany is located in central Europe and borders the North Sea and Baltic Sea in the Netherlands and, Poland. The culture built around Germany has a foundation of Art, Literature, Sports, Food, and Music. In addition, Germany’s torn past over war of its modern day is very different form our own, but is very similar in many other ways. However to truly understand the unique culture of Germany, one must know the origin of the unique Art’s, Literature, Sports, Food and, Music, that Germany is known for. Germany has many interesting facts. Germans wear their wedding†¦show more content†¦Wines and, beer are famous all over the world, which leads to the popular German social gathering at an outdoor beer or wine garden or cellar restaurant. In Germany schools is a little different from the schools in the United States. From the age of 6 through 14, school is mandatory, and in public state-run schools, it is free. The school system in Germany is a little different from in America’s school system. All children enter in the same program, but at the age of 10, they can go to one of four different types of schools. The way that they enter school determines whether they will go to a university or enter a technical field or trade field. Colleges in Germany are very difficult to get into. They require you to have a high school diploma and, a GPA that is equivalent to 60% of your grade. These requirements just stated will allow you to get into the lowest level of college that they have to offer. There school system goes on programs that help you get a degree in a specific field. Once you enter a program at the school, you must finish it. It is not like our school systems in the United States where you can change whenever you want. If a student in Germany starts a program and, after 3 years, he or she decides that they want to get out of that program, he or she must start over from the beginning. Nothing will transfer from program to program in the German education system. Job requirements are much more difficult, forShow MoreRelatedOrganisational Theory230255 Words   |  922 PagesBusiness School, Swedish School of Economics and Business Administration, Finland This book makes it easier to understand the current stand of organization theory. I strongly recommend it to anyone seriously interested in the different intellectual traditions that contribute to our understanding of organizations. Professor Tomas Mà ¼llern, Jà ¶nkà ¶ping International Business School, Sweden . McAuley, Duberley and Johnson’s Organizational Theory takes you on a joyful ride through the developments ofRead MoreLanguage of Advertising20371 Words   |  82 Pagesthe ever-increasing pace of transformation of advertising in the professional realm (occupation). The analysis of advertising texts seems appropriate to rely on the definition proposed by American Marketing Association, drawing attention to the fact that the method of presenting information depends on its nature and characteristics of the target audience: Advertising is distributed in some form of impersonal nature of the information on products, services or ideas and initiatives designedRead MoreMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 Pagesand which Taylor translates by pigeon-holing (p. 35). 1990 Preface This book is divided into four sections, and it groups ten chapters corresponding to twelve previously published articles. The disparity between ten and twelve is caused by the fact that Chapter 5 was condensed out of three separate articles. As the title indicates, the articles included in this volume have been selected exclusively from the author s writings on cinematographic problems.* Since this is, therefore, a collectionRead MoreLogical Reasoning189930 Words   |  760 Pagesyou, the logical reasoner will defer to the expert and put down the cup. The irrational thinker will think, Experts have been wrong in the past; Im drinking anyway. Everyone knows that the best decisions are based on facts, but how do we go about distinguishing facts from all the opinions we are faced with? This book provides many helpful 3 Answer (a) provides the best reason to believe that Davids uncle died of a drug overdose. Although the world has lots of liars in it, we generallyRead MoreDeveloping Management Skills404131 Words   |  1617 Pages84 Computerized Exam 85 Decision Dilemmas 86 SKILL PRACTICE 89 Exercises for Improving Self-Awareness Through Self-Disclosure 89 Through the Looking Glass 89 Diagnosing Managerial Characteristics 90 An Exercise for Identifying Aspects of Personal Culture: A Learning Plan and Autobiography 92 SKILL APPLICATION 95 Activities for Developing Self-Awareness 95 Suggested Assignments 95 Application Plan and Evaluation 95 SCORING KEYS AND COMPARISON DATA 97 Self-Awareness Assessment 97 Scoring Key 97 ComparisonRead MoreContemporary Issues in Management Accounting211377 Words   |  846 PagesBritish tradition of academic accounting. Serious in intent, he has striven both to illuminate practice and to provide ways of improving it. Although always appealing to his economic understandings, he has been open to a wide variety of other ideas, recognizing their intellectual strengths and capabilities rather than making artificial distinctions between what is acceptable and what is not. He also has contributed widely to the accounting literature, taking forward the British tradition of economicRead MoreMarketing and E-commerce Business65852 Words   |  264 Pagesand services, and online content. Mobile device use poses new security and privacy issues as well.  »Ã‚ » Location-based services lead to explosive growth in local advertising and marketing. †¢ Online privacy continues to deteriorate, driven by a culture of self-revelation and powerful technologies for collecting personal information online without the knowledge or consent of users. †¢ Internet security risks increase; cyberwarfare becomes a new way of conducting warfare among nation-states and

Profitability of Slavery - 1536 Words

Economic History Topic Report ECO 3183 Topic title: Profitability of Slavery Briefly state the two opposing views. A. Abolitionists condemned slavery based on moral, social, and economic reasons. Many believed that slaves were mistreated and were often subjected to corporal punishment. Others argued that the forced labor of blacks was inefficient and unproductive for various racial and economic reasons. Ulrich Phillip’s studies from the antebellum slavery in the south claimed that although plantation slavery produced great wealth, even without the civil war, slavery was economically on a dead end due to the rising cost of factor prices (slaves) increasing faster than the product prices (cotton). B. Economists approached†¦show more content†¦If the price of cotton increases, then the demand for labor also increases which ultimately drives up slave prices. If cotton prices stay the same but there is an increase in output per worker, then the price of slaves will increase. If the cost to maintain a slave decreases, then the difference will eventually offset once slave prices increases to its equilibrium. Conrad and Meyer found Phillip’s table involving the relationship between the prices of prime field hands compared to the prices of cotton accurate; however, they explained that Phillips Page 2 was missing key data to support his claims of slavery being unprofitable. Phillips completely left out the overall productivity of a slave, which was the ultimate difference in the revision of 1958. A major factor Conrad and Meyer took into consideration concerning production was the reproduction rates for females. Their researched showed that â€Å"prime hand wenches produced anywhere between 5-10 kids, and was one-half to two-thirds productive as prime field hands† (C.M. 106-107). However, an average 3 months time is lost due to pregnancy. After calculating return rates they found that women bearing 10 children would have an 8.1 percent rate of return and a women with 5 children will have a 7.1 percent rate of return. Furthermore, the rate of return per slave averaged out to 10 percent (Weiher). In what ways do the differences inShow MoreRelatedProfitability of Slavery 1399 Words   |  6 PagesProfitability of Slavery Throughout the years, slavery has been regarded as a profitable investment that fueled economic growth in both Spain and Portugal, but the reality is that it was only profitable in the beginning as it began to depreciate towards the end of slavery. The latter part is precisely the reason slavery ended because it was no longer profitable to slave owners. The cheap labor provided by the African slaves that ensured many Europeans’ wealth eventually backfired as slavery madeRead MoreProfitability of Slavery1891 Words   |  8 PagesA. Plan of Investigation To what extent was slavery profitable? Research Question: To what extent was slavery profitable? Scope: This paper will focus primarily on the profitability of slave labor and the role that slavery possessed on the South’s economic growth in the Antebellum time period It will refer to economic profitability of slavery as a system rather than an individual business discussing factors such as the prices of slave and cotton prices at the time, the labor output of the slavesRead MoreThe Atlantic Slave Trade Essay1225 Words   |  5 Pagesbegan to gather in centralized communities with a surplus of food, they could reap the benefits of cheap labour. Slavery can be found in historical records dating back to even the earliest civilizations. The Code of Hammurabi details the oldest confirmed use of slavery in the 18th century B.C.E. (Fage 1969, 394). With such incredible longevity, it was inevitable that the institution of slavery would find its way to the new world. The Atlantic Slave trade can be divided into two eras. The first era ofRead MoreEric Williams Thesis on Capitalis m and Slavery and Arguments Made for and Against the Thesis.1564 Words   |  7 PagesERIC WILLIAMS THESIS ON CAPITALISM AND SLAVERY AND ARGUMENTS MADE FOR AND AGAINST THE THESIS. Many historians justify that the evolving of the industrial revolution was based on slavery and mainly the triangular trade. The triangular trade was the route taken by Europeans to transport goods to Africa in exchange for slaves to be taken to the Americans. The triangular trade was seen as the first system of global commerce which linked Britain, Africa and the Americans. The most important coloniesRead MoreCapitalism and Slavery1511 Words   |  7 Pagestenth died within a year of landing. The slave population in the Americas reached a staggering 33,000 in 1700, nearly three million in 1800 and pecked at over six million in 1850. The soul purpose of these race-based migrations was forced labor. Slavery was a major institution in western antiquity. Slave trade opened up profitable markets for the investment of the cash surpluses accrued by merchants, as well as monarchs, aristocrats, guilds and clergy. This institution facilitated the rise of theRead MorePublic Policy And Slave Security798 Words   |  4 Pagespolicy and slave security played a significant role in the profitability of antebellum slavery. When looking into this, the authors aim to determine whether there was an economic relationship that existed between public policy and slave prices. 2) Explain how the author tries to answer the question The authors have recognized that most economic historians have overlooked the impact of public policies and slave security on the profitability of the Antebellum South. The authors take a close look onRead MoreModern Historical Debate Surrounding The Anglo-American1682 Words   |  7 PagesAtlantic slave trade stems directly from the publication of Eric Williams’ transformative Capitalism and Slavery in 1944. Dismantling with fierce efficacy the long-dominant interpretation of abolition as a function of humanitarian enlightenment, Williams’ thesis instead contends that after providing the material foundation and trade infrastructure for Europe’s industrial revolution, slavery had fulfilled its purpose and was thus replaced by capitalism as an economic modality. Though radical forRead MoreA Review of American Negro Slavery by Ulrich B. Phillips Essay1311 Words   |  6 PagesA Review of American Negro Slavery by Ulrich B. Phillips Phillips book is an attempt to provide an overview of the practice and institutions of slavery in the Americas from its beginnings to the 19th century. Writing in 1918, Phillips hoped to provide an account of slavery based upon historical evidence and modern methods of research, rather than ideological motivations. He drew his evidence from the plantation records and letters of slave owners; contemporary travel accounts; court recordsRead MoreSlavery and Liberty ‚Äà ¬ Profit vs. Morality1306 Words   |  6 Pagesï » ¿ Slavery and Liberty – Profit vs. Morality 18th-Century British Writers Speed the Process of Freedom â€Å"By the late 18th century, over eleven million African men, women and children had been taken from Africa to be used as slaves in the West Indies and the American colonies. Great Britain was the mightiest superpower on earth and its empire was built on the backs of slaves. The slave trade was considered acceptable by all but a few. Of them even fewer were brave enough to speak it.† (AmazingRead MoreSlavery And The Slave Trade1498 Words   |  6 PagesThe phenomenon of new world slavery was a well-run business and the slaves were the product. Slavery was one of the few industries in history where assets exceeded liability and owner’s equity, which is an unusual occurrence considering the equation is normally that assets equal liability and owner’s equity. Throughout this essay, the rise of slavery and the slave trade will be explained and slavery will be illustrated as the product of a domino effect. Slavery was a process and it took many people

Human Resource Analytics Click Now To Get Solution

Question: Discuss about theHuman Resource Analytics. Answer: Introduction Gold is a precious metal in this world because of its various applications. Therefore, understanding the way its prices are affected could be valuable to the investors. The gold prices are subject to external factors that affect the general pricing of gold throughout the world. Gold has been there for thousands of years and yet it has remained to be of value even today. That makes it an integral piece of the worlds economy. When gold prices go up, important aspects of the economy are affected such as fuel prices, food prices and so on (Rong Lijian 2008). Therefore, having knowledge regarding what affects the gold prices will aid the investors in beforehand preparations and insulation against trying economic times. The availability of gold is the primary factor that results in the fluctuation of gold prices. There are other factors, which this essay will address, that affect the gold availability, and in turn, they affect gold prices. Continuing Factors Iranzo et al. (2007) believe that availability of Gold affects the prices of gold. Whenever gold is in plenty, the prices of the gold will go down. The reduced prices are as a result of the increased rate of substitution. Since there are many points where the clients can get the gold, the gold sellers have less control over he prices. During times of scarcity, the gold prices will increase because of the low rate of substitution. Looking at the seasonality charts (See appendix 4), gold prices are high at the period after the May 5th all the way to December. After that, the prices are low after December until May creating a season. One such time when the gold prices are down is during a global crisis which results in the low confidence of investors in financial markets or governments. World events affect the gold prices because they affect the availability of gold in the world. When the Russians moved into Ukraine, the prices of Gold increased because the geopolitical instability was affecting the production of the metal. That increased the scarcity of the metal. One-Off Factors Gold prices are also affected by the demand and supply factors of its market. Gold is a metal known for its high demand since it has numerous uses. It can be used to create priced beauty ornaments that fetch extremely high prices. The metal is also an industrially preferred metal because of its high resistance to corrosion. That means it is long lasting and increases the productivity of the industries. Moreover, it has a high thermal and electrical conductivity making it even more precious to the industrial market. Manheim (2010) asserts that gold has a finite supply which means that it is a very scarce resource. Whenever it becomes available in the market, it is purchased at a faster rate. The high demand leads to under-supplication of the commodity. Because of the scarcity, the prices will increase. The charts show this effect between December and January (see appendix 3). As the year ends, the demand is high but the supply keeps on decreasing because the Gold is quickly purchased off the market. Central bank reserves are also a primary input in the prices of gold all around the world since they hold gold and paper currencies in their reserves. The purpose of doing this is to maintain the supply of these commodities in the market. When gold is in excess within the economy, there could be inflation which may occur (Roosma Saar 2012). Following appendix 2, it can be seen that the demand is high following the increased prices. As the gold is purchased from the market, the prices increase which show the effect that the Central Bank has on the gold prices. In a bid to avert the potential inflation, the Central Bank will buy gold from the economy and put it in storage. That will reduce the flow of these commodities in the market. That is why there is a seasonal pattern of gold prices for about twenty years where gold prices are low until May 5th but rise again from then to about December 5th. That is called the gold season seasonality. The mere fact that it occurred for the last t wenty out of thirty years increases the reliability and validity of this assertion. Interest rates are factors that affect the general prices of gold all over the world. Gold fails to pay interest in the same way a savings account or treasury bonds would. However, the current gold prices have often reflected a decline or increase in the interest rates (Lubienski Jameson 2016). When the interest rates hike up, the gold prices reduce since people will be selling their gold in a bid to free up funds to use for other investment opportunities. A decrease in the interest rates, however, results in an increase in gold prices. That is because people will want to save money and escape the effects of the high-interest rates. The gold price may increase later on because of the lower opportunity cost incurred in holding gold over other investments. Wealth protection is also a factor that affects the gold prices over the years. In the cases that result in economic uncertainty, investors will opt to invest in gold because of its value that is long lasting. According to Feiler (2006), gold is a metal that is unique because of its ability to withstand natures force of depreciation. That means that its depreciation is extremely low resulting in an enduring value. Thus, Gold is always a haven for investors during challenging economic times such as the economic recession of 2000. When the gold is in plenty, investors will purchase the gold to sell it when the prices are high. These investments reduce the supply of gold explaining the increase between December and January (see Appendix 1). Gold has been a hedge against trying economic times where gold prices are forced up. It has been a hedge for investors against deflation, inflation, and currency devaluation within an economy insulating investors. Thanks to its enduring value, invest ors will not feel the pinch of the economic falls. References Feiler, G 2006, 'Global Oil Trends and their Effect on the Middle East', Israel Affairs, 12, 4, pp. 698-714 Iranzo, P, Alsina, M, Martnez-De Pablo, I, Segura, S, Mascar, J, Herrero, C 2007, 'Gold: an old drug still working in refractory pemphigus', Journal Of The European Academy Of Dermatology Venereology, 21, 7, pp. 902-907 Lubienski, C, Jameson Brewer, T 2016, 'an Analysis of Voucher Advocacy: Taking a Closer Look at the Uses and Limitations of Gold Standard Research', Peabody Journal of Education (0161956X), 91, 4, pp. 455-472 Manheim, D 2010, 'Pearl's Golden Chain in The Scarlet Letter, Explicator, 68, 3, pp. 177-180 Rong, L, Lijian, Y 2008, 'Kernel estimation of multivariate cumulative distribution function', Journal Of Nonparametric Statistics, 20, 8, pp. 661-677 Roosmaa, E, Saar, E 2012, 'Participation in non-formal learning in EU-15 and EU-8 countries: demand and supply side factors', International Journal of Lifelong Education, 31, 4, pp. 477-501