Business Ethics Article Example | Topics and Well Written Essays - 250 words - 2

Business Ethics - Article Example In court, Sergeant Brash provided evidence on how he tried to contact the mortgage company, PHH Mortgage. One arm of the company kept sending him late payment notices while the other arm kept refusing his automatic payments. His attorney sued the mortgage company under Georgia and federal laws. Sergeant Brash had taken out the mortgage in November, 2007. The court has finally made a judgment on the case and awarded Brash $21 million dollars. 2. Did PHH Mortgage as a business have any good defense that could oppose the sergeant's suit?. It is the eighth largest mortgage company in the United States and in this case it was pursuing a military man. It could be suggested that PHH Mortgage was doing all it can to maximize profit in favor of the open and free market that is unregulated. Another view would be that it was following a trend of the market, which at this time is to simply move people out of their homes. 3. What is the moral issue involved? Could the Sergeant pay for the home? Y es. It appears there was some duplicity involved on behalf of PHH Mortgage. Rawl's theory of distributive or contractual justice would have people hide behind a "veil of ignorance" to make decisions giving to all the most extensive basic rights of liberty.

The economist expectation on inflation in Malaysia

The economist expectation on inflation in Malaysia Inflation in Malaysia is expected to remain low for the rest of this year due to weak exports and softer domestic demand. Malaysia is now experienced a deflationary pressure. Deflation is defined as a persistent fall in the average level of prices in the economy. In this case Malaysia is categorised as having a bad deflation. Bad deflation finds it source in the demand side of the economy. As the export trade and softer domestic demand is low due to lower oil and commodity prices, this will cause aggregate demand (AD) to decrease. A fall in AD will result in a decrease in the price level and a decrease in real output. Please refer to the diagram below. Diagram 1: Decrease in AD due to weak exports and softer domestic demand in Malaysia. Diagram 1 above illustrates the bad deflation situation. From the diagram above, we can see that AD shift to the left to AD1. A fall in the aggregate demand (AD) will result in a decrease in the price level from P1 to P2, and a decrease in real output from Y1 to Y2 . When there is less demand, businesses makes less profit or even loss. The producers need to cut down their cost of production by cutting down supply and lay off worker. Therefore, the level of unemployment will rise. This will affect economy badly. If more people are unemployed, their real income is low, thus their purchasing power will decrease, there will be even less consumption. This is proven from the article where it state that consumer price index  [1]  (CPI) in Malaysia dropped from more than 8% inflation in 2008 to two consecutive months to 2.4% in July 2009. This will lower the GDP (growth domestic product) level. Furthermore, the amount of investment from investor rely highly on their expectation of the economy climate for the future, if the consumer demand showing no improvement in the future, business confidence is likely to be low. Investor will refuse to invest in our country. This has negative implication for future economic growth. Deflation brought many impact on the producers, consumers and also the economy itself. In the situation of bad deflation, producer will faced with the risk generating low profit. This is because when the demand is low, it causes the price of product also low, they would not gain much profit and to ensure them not too loss too much, they will cut down the supply to increase the price back. They also tend to decrease the number of workers to save their cost of production. The consequences, of the producers actions are faced by consumers. When they are fired, their real income will remain low, hence, could not buy good as much as they want. Its indicates their purchasing power is low. And this illustrates the standard of living also at low level. Diagram 2: A decrease in AD and real output. These situations affect the economy badly. As we can see, in the Diagram 2, when the demand decreases from AD to AD1, price will also decrease (from P1 to P2) resulted in decreasing amount of real output from Y1 to Y2. To survive, producers tend to lay out workers to cut down cost of production. The unemployment level will increase. In the economy it is not good to have high level of unemployment as it will lower down the societys standard of living. Economic growth will decrease and economic development will be halted. From the explanation above, Malaysia should take immediate action to overcome bad deflation problems. Government could take actions such as by increasing the demand from consumer and increasing the aggregate supply. To increase AD, producers could promote their product by advertising or by giving a discount. The producer also could increase their workers income, as it can make them more motivated to works and produce high quality of product that meet the consumers taste. In a way, this could increase the aggregate supply (AS) as well. Government also could change to expansionary fiscal policy where it could encourage greater consumption by lowering income taxes to increase disposal income. Another way is by lowering the corporate tax so that firm could enjoy higher after-tax profit. The chances of them to lay off worker will be decrease. Therefore, the rate of unemployment will decrease. This is the best solution after all. (750 WORDS) ABSTRACT This article is about the economist expectation on inflation in Malaysia. They expected that inflation in Malaysia to remain low. There are several factors that contribute to this condition. First, it is due to weak exports and softer domestic demand because of lower oil and commodity prices. This condition is called deflation. There are two category of deflation; good deflation and bad deflation. As one of the Asia country, Malaysia experienced bad deflation. A fall in aggregate demand will result in a decrease in price level and a decrease in real output. If real output decreases, then it is assumed that the level of unemployment will rise, as firms will need fewer workers if there is less demand. Asian country has come out with several ways to overcome this problem. However due to some weaknesses. Only one method, which is investment liberalisation, would be the effective method in order to revitalized Malaysias economy and helps increasing the inflation rate.

Operation Iraqi Freedom Essay -- International Politics

OPERATION IRAQI FREEDOM Introduction On March 20, 2003, the combined military forces of the United States and Britain crossed the southern border of Iraq and Kuwait with the intent of capitulating the government of Saddam Hussein. Over the course of 21 days, the joint task force moved quickly and decisively to seize major objective cities along the road to Baghdad using aviation, armor, artillery, and infantry. Following the overwhelming success of the primary combat operations of the invasion, stability and support systems proved insufficient as sectarian violence and other criminal activity among the local population of Iraq increased. History In ancient times, Iraq was known by the Greek term Mesopotamia, or the land between two rivers. These two rivers, the Tigris and Euphrates, formed what was known as the â€Å"Fertile Crescent.† The vast stretch of low level land retained rain and flood water, making the soil exceptional for farming, thus it is said to be the cradle of civilization. It was home to the Sumerian Empire, beginning around 4000BC, long before Egypt, Greece, or Rome were known to have sophisticated societies. Agriculture, mathematics, literature, and the earliest forms of government were all established in this region. (1) Conflict has also been a significant part of Iraqi history since the Akkadian wars of 2340 BC. The rise of the Babylonian dynasty in 1700 BC gave way to the Assyrian dynasty in 1340 BC. The Assyrians were eventually overthrown in the seventh century BC by the Persian Empire of Alexander the Great. (2) The Arabs conquered the region in the early expansion of Islam in the eighth century AD, followed by the Mongol invasion in 1258. The last of the great dynasties to rule th... ...raq. References 1. Arabic-Media.com (Arabic Media) Site 1997-2011, http://arabic-media.com/iraq_history.htm 2. CRS Report for Congress, 17 February, 1998, http://www.au.af.mil/au/awc/awcgate/crs/98-129.pdf 3. UN Security Council Resolution 687, 8 April 1991, http://www.casi.org.uk/info/undocs/gopher/s91/4 4. UN Security Council Resolution 1441, S/RES/1441, 8 November 2002, PP 3, http://www.un.org/Depts/unmovic/documents/1441.pdf 5. Gordon, Micheal, R., Cobra II; The Inside Story of the Invasion and Occupation of Iraq, Pantheon Books, New York, 2006 6. Keegan, John, The Iraq War, Alfred A. Knopf, 2004 7. Purdum, Todd, S., and the staff of the New York Times, A Time of Our Choosing; America’s War in Iraq, Times Books, 2003 8. Trainor, Bernard, E., Cobra II; The Inside Story of the Invasion and Occupation of Iraq, Pantheon Books, New York, 2006

A Journal of Woe Essay

The pain was excruciating as I struggled to fight for my life under the pillow that my beloved husband had forced upon me. I remember how much it hurts as I tried to gasp for air beneath Othello’s powerful arms. I can recall those murderous eyes driven mad by jealousy and hate. For an instant, I failed to recognize the man I have fought to love. I cannot recognize that man I secretly married despite my father’s objections. For a moment, I failed to see the man who promised to love me for the rest of our lives. It all started that fateful night when Othello fired Michael Cassio from his lieutenant position. He accused me of sleeping with Cassio. The jealousy was probably most triggered when he felt that I was being too concerned with Cassio’s situation. He must have thought that my acts in favor of Cassio’s defense were signs of affection for him. He accused me of giving Cassio the handkerchief which was a gift from him. There is no way I would have given such a valuable gift to someone else! My love and affection is undividedly offered for Othello. It does not seek other men aside from him. My fidelity to my marriage and to my husband is pure and untainted. How could he even dare think of me with such immorality! However, it was too late to defend myself further, for the fire in his eyes was already consumed with too much evil to pay any heed to my cries. Yet, before death consumed what was left of my body, the image of the man I love came before my eyes. I forgive him. He is a victim and not a murderer. I know in his heart that he loves me still, and once this madness brought about by his jealousy ends, he would repent and ask for forgiveness. Or, he might end his life as well to follow me, so he can make it up to me personally—and I will be waiting on the other side.

Leaders Who Changed Society Essay

All around the world, leaders and philosophers have changed nations and regions with their ideas and beliefs. Two of these people were John Locke and Mohandas Gandhi. John Locke believed the every person had natural rights, which were the right to life, liberty, and property and these rights could never be taken away. Mohandas Gandhi believed that violence was no the answer to problems, but peaceful protesting was, and so he was able to bring independence to India. Heir beliefs have changed societies for the better. John Locke was born on August 29, 1632 in Wrington, Somerset, England. He was an English philosopher who unlike other philosophers had a more positive view of human nature. He believed that all humans have the potential to do good in society. One belief that Locke had that has shaped society was his belief of natural rights. He believed that all humans are born free and equal, with three natural rights, the right to live, liberty, and the right to own property. This belief has shaped the governments everywhere. Societies with a democracy follow these laws and they are given to every individual and it can’t be taken way. Places like the United States follows natural rights and it is given to everyone. Another person whose ideas changed society was Mohandas Gandhi. He was born on October 2, 1869. He was a political and spiritual leader during the movement for India’s independence. He believed in non-violence and believed that every person was equal, regardless of race, ethnicity, or background and they should all be treated the same way. Before coming to India to protest against British rule, he was a lawyer in South Africa. When he returned to India in 1914, he protested British rule. Gandhi didn’t use brute force, but peaceful protests against the British. He got arrested many times for this. One of his most famous acts of defiance was the Salt March on March 12, 1930. Gandhi and the oppressed stopped buying British goods. One of these goods was salt. What they did was go to the ocean and get their own salt to defy the British. The British violently reacted and attacked them. This caused outrage all over the world and British goods were neglected by everyone. This forced the British to give India their independence. These two people have changed societies with their beliefs. John Locke’s belief of natural rights shaped governments. Mohandas Gandhi’s belief of non-violence led to the independence of India. They both helped change society for the better.