Bp/Amoco Merger Acquisition - 6130 Words

| BP Amoco/Arco Merger | Merger and Acquisitions Term Paper | | | 12/10/2012 | | Contents Time Line of Events 3 Introduction 4 Industry Analysis 5 Overview of ARCO s Business 7 Overview of BP Amoco’s Business 7 Value Creation from the Merger: 8 Competitors Analysis 9 Antitrust Issues 11 FTC Arguments 12 What Happened? 14 Divestitures 14 Phillips Acquires ARCO Alaska 15 FTC dissent 16 Performance and key Financials 17 Annual Shareholder’s meeting: 19 Conclusion: 20 Time Line of Events April 01, 1999: Merger confirmed by BP amp; ARCO. Deal valued at $26.8 bill. 400 layoffs expected in AK (2000 worldwide); Gov. announces formation of task force consisting of Attorney General†¦show more content†¦Governor issues press release applauding announcement and asserting that the deal preserves most points from his Charter Agreement. | | March 21, 2000: Merger Committee sends letter to FTC Chairman Robert Pitofsky endorsing Phillips Petroleum s purchase of ARCO Alaska s assets, signed by Halford, Pearce amp; Porter. Merger committee issues release endorsing Phillips acquisition of ARCO Alaska s assets and recommending FTC Approval of BP/ARCO Merger. | | March 24, 2000: Exxon sues to block merger.April 26, 2000: Phillips Petroleum announces it has completed its acquisition of ARCO s Alaskan businesses. | | | Introduction In March 1999 British Petroleum Amoco (BP) announced its intention to acquire the Atlantic Richfield Company (ARCO) for $25.6 billion in stock, by exchanging 1.64 BPA U.S. ADR share for every outstanding share of ARCO (9.84 U.K. ordinary share), post-BPA stock split. On 1 April 1999 the Boards of BP Amoco and ARCO announced that they had reached agreement on a proposed combination of their two companies. The enlarged group will initially be held as to 85% by BP Amoco shareholders and 15% by ARCO shareholders. The BP/ARCO deal was one of the largest oil mergers ever and attracted a lot of public attention as well as antitrust scrutiny. The merger raised fundamental antitrust concerns that could be alleviated only by majorShow MoreRelatedFinance5383 Words   |  22 PagesIntroduction As part of my assignment, I have been asked to discuss the following statement â€Å"Mergers and acquisitions can be value destroyers or value creators†. A merger can be defined as when two equal businesses in terms of profit margin and status, combine in order to become one legal entity. Initially, the fundamental reason for this merge is to produce a company that is worth more than the sum of its parts. An acquisition is where one company acquires a controlling interest in another company. The combinationRead MoreBp-Amoco Merger2996 Words   |  12 Pagesbefore Merger 1.1 British Petroleum Company British Petroleum Company (BP) is a British multinational oil and gas company. It is the third-largest energy company and fourth-largest company in the world. It is vertically integrated and operates in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has renewable energy activities in biofuels and wind power. BP has operationsRead More Analysis of the Oil Industry Essay7118 Words   |  29 Pagesbreak into the U.S market. Though it took many years to get in British Petroleum was able to start with a selective group of stations and build from there. BP, Chevron, and ExxonMobile today make up three of the biggest in the oil industry. (Chevron Official Website) These three companies have all been created by many purchases and mergers over the last hundred years and must be described to have a better understanding. It was the demand for low oil prices, convenience, and superior quality thatRead MoreBp 7s Analysis10000 Words   |  40 PagesBP plc[3][4]  (LSE:  BP,  NYSE:  BP) is a British  multinational  oil  and  gas  company headquartered in London, United Kingdom. It is the third-largest energy company and  fourth-largest company in the world  measured by 2011 revenues and is one of the six oil and gas supermajors.[5][6]  It is  vertically integrated  and operates in all areas of the oil and gas industry, including  exploration  and  production,refining,  distribution and marketing,  petrochemicals,  power generation  and  trading. It also has  renewableRead MoreBp 7s Analysis10010 Words   |  41 PagesBP plc[3][4]  (LSE:  BP,  NYSE:  BP) is a British  multinational  oil  andà ‚  gas  company headquartered in London, United Kingdom. It is the third-largest energy company and  fourth-largest company in the world  measured by 2011 revenues and is one of the six oil and gas supermajors.[5][6]  It is  vertically integrated  and operates in all areas of the oil and gas industry, including  exploration  and  production,refining,  distribution and marketing,  petrochemicals,  power generation  and  trading. It also has  renewableRead MoreHow Business Can Grow Faster Than Normal1677 Words   |  7 Pagesbroken up into two different types mergers and acquisitions. A merger is the combining of two or more companies, this decision is usually mutual between both firms, and it works usually by offering the stockholders of one-company securities in the acquiring company in exchange for the surrender of their stock. An acquisition is when a company buys most, if not all, of another company s ownership stakes so that they assume control of the target company. Acquisitions are often used as part of a companyRead MoreThe leadership and environment impact of BP international2274 Words   |  10 PagesThe purpose of this paper is to study the ethical leadership of a leader within a fortune 500 company. The paper will discuss the history and current information of British Petroleum (BP). It will describe their mission, vision, and value statements. It will provide detailed information on Tony Hayward and his leadership style. It will discuss the company’s culture of command and control, cost cutting, and lack of accountability. It will review their stance on ethics and corporate social responsibilityRead MoreExxon Mobile Merger13851 Words   |  56 PagesForthcoming Journal of Applied Finance, Financial Management Association The Exxon-Mobil Merger: An Archetype J. Fred Weston* The Anderson School at UCLA University of California, Los Angeles jweston@anderson.ucla.edu February 26, 2002 Fred Weston is Professor of Finance Emeritus Recalled, the Anderson School at the University of California Los Angeles. Thanks to Matthias Kahl, Samuel C. Weaver, Juan Siu, Brian Johnson, and Kelley Coleman for contributions. The paper also benefited fromRead MoreBritish Petroleums Marketing Strategy in a Changing Business Environment3952 Words   |  16 PagesBP s Marketing Strategy in Changing Business Environment 1. Introduction Multinational corporations operating in complex and diverse political, economic, social and cultural environments have to improve, adjust and develop their marketing strategies on a regular basis (Bamberg, 2009:46). Changing environmental factors create new conditions for their operating, which often require considerable and serious changes in strategic decision-making and positioning of companies. Inflexible andRead MoreJoint Ventures, Strategic Alliances and Mergers Acquisitions3371 Words   |  14 PagesJoint Ventures, Strategic Alliances, Collaborations and Merger and Acquisitions Questions | Q1. Why is a Joint Venture (JV) preferable to more general collaboration form of the Strategic Alliance? Q2. What are the relative merits and weaknesses of JVs and SAs? Q3. Why would company seek Mamp;A as a market entry strategy? What are the advantages and disadvantages of Mamp;A? why might a merger fail and what might be the outcome? Q4. What are the relative merits/ disadvantages of JVs, SAs, and

Inflation Is A Low Rate Of Inflation - 1726 Words

By saying that this country has a high rate of inflation, that means people who live in this country are sad. Inflation has many definitions, but most of these definitions are related to one concept which is inflation is a general increase in prices and fall in the purchasing value of money. There is no doubt about that inflation is an important key concept in economics. As we know that there is something called deflation which is the opposite meaning of inflation. In this paper, I will write about inflation in general, the causes and effects of inflation, I will bring some countries in order to compare them, and I will mention some strategies which would help us in case we have a high rate of inflation. Most of the people are worry from having an inflation, and this is a true feeling. However, inflation could be a good thing for the economics, if it is a low rate. In fact, inflation in the whole world has been increasing, so the prices have been increasing and the value of money ha s been decreasing. For instance, according to Investopedia website, â€Å"During World War II, you could buy a loaf of bread for $0.15, a new car for less than $1,000 and an average house for around $5,000. In the twenty-first century, bread, cars, houses and just about everything else cost more. A lot more. Clearly, we ve experienced a significant amount of inflation over the last 60 years.† Investopedia staff said. On the other hand, throughout the history, it is something rare when a country hasShow MoreRelatedA Low And Stable Inflation Rate880 Words   |  4 Pagesable to achieve and sustain a reliable economy that alleviates poverty in these localities should be hinged on the implementation of effective and realistic policies, which mitigates the problem from the grass roots. The maintenance of a low and stable inflation rate, reduction in maternal and child undernutrition, and initiatives to ensure sustainable living standards and health, extensive education and access to obtaining credit among the people of Ghana and the provision of agricultural inputs toRead MoreTrade Off Between Inflation And Other Macroeconomic Aims1595 Words   |  7 PagesTrade Off Between Inflation And Other Macroeconomic Aims Keeping inflation as low as possible can be undesirable especially when we consider the short run trade-off between inflation and other macroeconomic factors such as output and employment. This can be seen from the AD-AS curve drawn below. Assume that the country is initially at and is the natural level of output in Figure 4. In order to move to a higher level of output, reduce the output gap and unemployment, inflation is inevitable asRead More The Federal Reserve System Essay example1453 Words   |  6 Pageslong-term interest rates. The Fed employs Monetary Policy in an effort to manage both the money supply and interest rates while stimulating the economy to operate close to full employment. One school of thought called Monetarism believes that the Federal Reserve should simply pursue policies to eliminate inflation. Zero inflation may help the market to avoid imbalances, stabilize the business cycle, and promote steady growth in our economy. On the other hand, zero inflat ion may not reduce unemploymentRead MoreInflation And Unemployment Essay1260 Words   |  6 PagesHistorically, the relationship between inflation and unemployment has been studied, debated, and been used as economic indicators to explain the overall health of the economy. Both inflation and unemployment will fluctuate and change based on phases of the business cycle. From a simplistic view, high levels of inflation and unemployment indicate that the economy is not operating at is an optimal level of output. During periods where inflation and unemployment are high, individuals are saving moreRead MoreCentral Bank : Monetary Policy1178 Words   |  5 Pagesand exchange rates. Until the 1970s, central banks used a currency peg, which linked the value of the domestic currency to the value of another currency, usually of a low-inflation country. But this approach meant that the country’s monetary policy was tied to the country to which it pegged, restraining the central bank’s ability to adapt their policy to shocks such supply shocks or changes in the real interest rate. Consequently, many central banks began to adopt flexible exchange rates, forcing themRead MoreThe Fisher Effect and the Quantity Theory of Money Essay examples1698 Words   |  7 Pagesreal interest rate, which is (r = i - Ï€). Real interest rate equals the nominal interest rate plus inflation. This is a very basic equation. Fisher manipulated it to solve for i, in order to understand the effect that inflation has on nominal interest rate. The famous equation is i = r + Ï€, nominal interest rate equals real interest rate plus inflation. This is basically saying that th e nominal interest rate can be changed by a change in either the real interest rate or inflation. The Fisher effectRead MoreInflation Targeting Is A Monetary Policy Framework That1639 Words   |  7 PagesInflation targeting is a monetary policy framework that commits the central bank to achieving low and stable inflation. Inflation targeting is a long-run goal for monetary policy. It was implemented due to the poor performance of exchange rate and monetary targeting. The central bank has an explicit numerical target for inflation rate, for the medium term and announces it to public which is around 2% in the UK. Monetary policy supports the long term economy growth by maintaining the price stabilityRead MoreThe Phillips Curve and The Quantity Theory of Money1128 Words   |  4 Pagesbetween inflation rate and the unemployment rate. When the unemployment was high, the inflation rate would be low; the inflation rate was high, the unemployment rate would be low. Here we have the statistics data of the inflation rate and unemployment rate from 2007-2011. On the other hand, Phillipss â€Å"curve† also represented the average relationship between unemployment and wage behavior over the business cycle. In the short run, there is a tradeoff between inflation rate and unemployment rate. InRead MoreA Better Monetary Policy Central1612 Words   |  7 PagesShould Adopt in the Environment of Low Inflation CONTENTS 1 Introduction 2 2 Problems 2 2.1 Low Inflation Retards Economic Recovery 2 2.1 It Remains Questionable Which Monetary Policy is Better 3 3 Comparison Between Interest Rate Policy and Money Supply Policy 3 3.1 The Advantages and Drawbacks of Lowering Interest Rate 3 3.2 The Advantages and Drawbacks of Increasing Money Supply 4 4 Conclusion 5 5 List of References 6 Keywords: Monetary Policy; Interest Rate; Money Supply; Central Bank IntroductionRead MoreInflation And The Value Of Money1710 Words   |  7 PagesInflation is defined as a sustained increase in the general level of prices for goods and services [1]. It is measured as an annual percentage increase. When there is an inflation, the same amount of money buys a smaller percentage of a good or service compared to previous years. This means the value of money drops when inflation occurs. In economics, the value of money is viewed in terms of purchasing power, which is the real, tangible goods that can be bought by money. When inflation goes up, there

Human Resource Management Employment Relationship

Questions: 1. How are good arguments formed? In your response, use the material placed on ilearn under the Assessment tab which explains the key elements to effective argument makingproposed by Aristotles Rhetorical Triangle Model.2. Do you think the authors of this article have developed convincing rhetoric in their writing? Why? In your answer justify your answer by citing examples from this article.3. Reflecting on this exercise, provide three SPECIFIC examples of how you intend to createcompelling rhetoric and strong argument in your group debate and report. Answers: Use of Alan Foxs Theory to Conceptualize Employment Relationship Work is central part of everyones life and the nature and governance of work determines the employment relationship. Different people have different perception of employment relationship and Alan Fox used a framework of theory to categorize employment relationship. By this means, he categorized employment relationship on the basis of Marxist, Unitarist and pluralist theory. Alans frame of reference is collection of values and ideas related to the interest of people in employment relationship (Ackers, 2014). Firstly employment relationship can be conceptualized by the Unitarist theory. According to Unitarism approach, people in employment initiate their job with the belief that work place conflict normally does not occur between manager and staffs. However, conflicts do arise and such unitarist believes that aberration in employment relationship occurs due to lack of coordination between the involved person. A Unitarist person believes that management and employees should have the common vision for achieving the objectives of the organization (Cullinane Dundon, 2014). Therefore, individual attitude, inappropriate recruitment practices and poor communication is regarded as the factor affecting employment relationship. In this context, employment relationship is improved by addressing the communication and personal issues of employees. On the contrary, the ideology of the pluralist is that they begin with the assumption that conflict in workplace is inevitable. They belief this because people from different interest group works in an organization and the complex nature of business organization may lead to issues due to different values and objectives of different employees. This frame of reference of Alan Fox is based on the assumption that conflict will always exist due to different source of authorities within the organization. Therefore, people with pluralist approach will always welcome conflict as it helps them to identify grievance of employees and explore innovative methods to improve the service in the organization (Martin et al., 2016). The frame of reference of Marxism is based on the concept of capitalism and its impact on employment relationship in organization. The concept of capitalism such as increase in investment but low wages for workers lead to inherent contradiction and employees are compelled to take action against the exploitation of the organization. Therefore, according to Marxist frame of reference, conflict in organization is a result of struggle between two competing social class and this factor influences employment relationship (Hyman, 2013). Application of Alan Foxs theory to Purpose Co The CEO of Purpose Co, Ms Brightidea is planning to revise it approach to workplace relationship and seeking advice to advising team of Human Resource company to determine why she should invest her time and resource in HR strategies. Based on Ms Brightideas comment, it can be said that she needs to invest her time in HR management to gain a competitive edge in the market (Armstrong Taylor, 2014). Human resource is the most valuable asset in the company and Alan Foxs frame of reference reveals that conflict in workplace is bound to happen under all circumstance. This conflict has the risk to hamper ideal employment relationship and it eventually influences the work flow organization. If organize fail to address the issues of employees, the employees may lack the motivation to work and they decide on quitting too. This situation may lead to loss of production and additional cost on recruitment for companies. Due to the above mentioned risk faced by organization, it is necessary for Ms Brightidea to develop ideal HR strategies. According to systems theory, work in organization is based on formal and informal rules and regulations and all employees should comply with it to maintain professionalism in work. Human resource management (HRM) will lead to development of competencies of staffs according to specific goal of the organization and it will bring better organization result in the long run. HR managers need to identify the correct approach to manage issues of staffs and method of management will determine it impact on organizational performance (Purce, 2014). As conflict and lack of communication between coworker is a risk for the organization, HRM can lead to the alignment of human resource to gain competitive advantage. The superior performance of top business companies has also been possible due to their unique skills of HRM. Therefore, to gain and sustain competitive advantage in t he market, CEO of Purpose Co can invest in aligning the skills of the employees according to the needs of organization and make them aware of behavior desired from them to achieve success in work. By this initiative, HR manager will ensure that all employees have the required knowledge and skills and willingness to be committed to the goals of the organization. It also involves planning strategies so as to motivate and engage employee wholeheartedly in the goals of the organization (Buller McEvoy, 2012). Hence, HRM will help Brightidea to gain competitive advantage and high performance for her company, Purpose Co. Reference Ackers, P. (2014). Rethinking the employment relationship: a neo-pluralist critique of British industrial relations orthodoxy.The International Journal of Human Resource Management,25(18), 2608-2625. Armstrong, M., Taylor, S. (2014).Armstrong's handbook of human resource management practice. Kogan Page Publishers. Buller, P. F., McEvoy, G. M. (2012). Strategy, human resource management and performance: Sharpening line of sight.Human resource management review,22(1), 43-56. Cullinane, N., Dundon, T. (2014). Unitarism and employer resistance to trade unionism.The International Journal of Human Resource Management,25(18), 2573-2590. Hyman, R. (2013). 4 Whatever happened to industrial sociology?(1).The international yearbook of organization studies., 84. Martin, G., Farndale, E., Paauwe, J., Stiles, P. G. (2016). Corporate governance and strategic human resource management: Four archetypes and proposals for a new approach to corporate sustainability.European Management Journal,34(1), 22-35. Purce, J. (2014). The impact of corporate strategy on human resource management.New Perspectives on Human Resource Management (Routledge Revivals),67.

Frederick James - The Limites Of Post Modern Theory Essays

Frederick James - The Limites of Post Modern Theory The impetus behind this paper has been the recent publication of Fredric Jameson's 1991 Welleck Lectures, The Seeds of Time.1 As these lectures were delivered a decade after Jameson's initial attempts to map the terrain of postmodernity it appeared to me to provide an occasion to reflect upon the current status of Jameson's highly influential and much criticised theory of postmodernism as the cultural logic of late capitalism. It also enables me to return to, what I consider to be, one of the most troubling aspects of Jameson's writing on postmodernism, that is to say, the "waning", to use Jameson's term, of the political imagination. As Jameson is probably the foremost Marxist theorist writing on postmodernism and one of the most influential of contemporary cultural critics, I find this paralysis of the political imagination in the face of postmodernism deeply problematic. As most of you are probably aware postmodernism is inherently paradoxical and playful. There is, suggests Jameson a kind of winner loses logic about it, the more one tries to define what is characteristically postmodern the less characteristic it turns out to be. Postmodernism, by definition resists definition. Theoretically, postmodernism can only theorise its own conditions of impossibility; with neither a fixed subject nor object there can be no theory of postmodernism as such. This paradoxicality is what Jameson now identifies as the antinomies of postmodernity, the aporia or theoretical impasses which mesmerise postmodern theory and unlike the older (modernist) discourse of dialectical contradiction remain unresolvable at a higher level of abstraction. Jameson identifies four fundamental antinomies of postmodernism: time and space, subject and object, nature and human nature, and finally the concept of Utopia. Today I will focus on just the first of these antinomies, what Jameso n describes as the foundational antinomy of postmodernism, that is, time and space, and suggest that the failure to think beyond the antinomy is symptomatic of a more general failing in Jameson's theory as a whole. I shall also venture to suggest that a more dialectical understanding of temporality and spatiality may enable us to move beyond what Jameson sees as the limits of the postmodern. Before engaging with this debate, however, I will briefly recapitulate Jameson's original thesis and what I still consider to be the importance of his theoretical endeavour. Jameson's initial intervention in the postmodern debate, in a 1982 essay `The Politics of Theory',2 was primarily an attempt to map the ideological landscape of postmodernism, however, the article concluded on a characteristic Jamesonian note, insisting on `the need to grasp the present as history'. Jameson, then, initially seemed to suggest the possibility of a way through the impasse of the two most influential strains of thought emerging at that time in relation to postmodernism. On the one hand, one encountered an uncritical celebration of the concept by the postmodernists themselves, and, on the other, the charge of cultural degeneracy was being levelled by more traditional critics and older modernists. We must avoid, argued Jameson, adopting either of these essentially moralising positions, and rather develop a more fully historical and dialectical analysis of the situation. Whether we like it or not there was a perception that culturally something had changed, we may disagree on what that change entails but the perception itself has a reality that must be accounted for. To repudiate such a cultural change was simply facile, to thoughtlessly celebrate it was complacent and corrupt; what was required was an assessment of this `new cultural production within the working hypothesis of a general modification of culture itself within the social restructuration of late capitalism as a system'. It was this promise to historically situate postmodernism in relation to transformations in the capitalist system and the development of global multinational capital that, for many like myself who at once embraced aspects of postmodern theory whilst remaining critical of its often ambiguous political stance, was probably the single most significant aspect of Jameson's theory. At the same time, however, the precise nature of the relationship between postmodernism as a cultural phenomenon and late capitalism as a system was left somewhat under-theorised and, for myself at least, this has remained one of the most

Phone Tapping Essays

Phone Tapping Essays Phone Tapping Paper Phone Tapping Paper A Characteristic of Orwell’s Big Brother? Communication makes the world what it is. Without communication, people would virtually be in total isolation from one another and with events around the world. Telephones play an integral role in providing this much-needed communication. Telephones also permit people the freedom to say what they wish to others on a confidential basis, without any risk of witnesses. This freedom allows releases that many people believe no one can take away. Most people take this freedom for granted and overlook the fact that the government can, under certain restricted conditions, take it away by phone tapping. Phone tapping is the secret monitoring of a conversation by a third party. Where some may argue that phone tapping is necessary, that argument is misleading and incorrect in many aspects. Many argue that phone tapping is an invasion of privacy. Nowhere in the Constitution is the word privacy mentioned, implying that, â€Å"Privacy is a value or ideal in society,† (McCloskey) but not a right. This is one argument in support of phone tapping. While some claim that the Constitution supports this argument, sections of the Constitution actually provide reasons why this argument is incorrect (Browne). Those guidelines imply that Americans have the right to privacy, because there would be no point for laws to protect privacy if privacy was not a right. However, the Bill of Rights does not explicitly say the word privacy but it implies and defends privacy within multiple amendments including the Fourth and the Tenth. The Fourth Amendment clearly states, â€Å"Without probable cause and a search warrant, the government cannot search or seize your house or belongings. † (United States Constitution. ). The right to not to have one’s personal property and belongings searched, is a guideline that defines privacy. The Tenth Amendment states, â€Å"The powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states, or to the people. † (United States Constitution. ). This means the government has no power or right to invade our privacy or do anything that it not specifically sanctioned in the Constitution (Browne). Therefore, concerning the invasion of privacy by phone tapping, the government has no right under any circumstances to tap any phone for any means without probable cause. Government phone tapping is said to be a key approach to staying one-step ahead of criminals and terrorists (â€Å"Bush Defends. †). The major problem with this argument is the enemy usually is too smart for phone tapping! Most often, terrorists and criminals are able to devise huge schemes to break the law without being caught. It is rather naive to assume that simple phone tapping will put roadblocks in their plans. Criminals and terrorists sometimes know the government’s plans and often they are aware of what the government is trying to do to discover their criminal acts and terroristic plots (Levy). For example, most terrorists and criminals assume their home phones are tapped and therefore they do not use them to plan their attacks or crimes (Finder). If phone calls need to be made, they normally are made off the premises or in public places. Therefore, phone tapping is too elementary to counteract their plans. Getting a court order to phone tap every public phone, for the possibility that a terrorist may use it, is quite trivial because that possibility is hardly probable enough to gain multiple phone tapping warrants (Hollingsworth and Mayes). When a phone is tapped, someone has to listen to every conversation, carefully listening for suspicious details or plans. This takes bodies away from more promising and pressing leads that quite possibly could uncover corrupt and illegal plans. In turn this actually results in phone tapping possibly aiding in criminal acts as opposed to hindering them (Levy). This idea that phone tapping aids in staying ahead of the criminals is too nominal to be considered an argument. It seems that the government is desperate to defend phone tapping so it devised this argument. Furthermore, the results that government sponsored phone-tapping produce are so marginal, it seems that spending time and money on it is futile (Levy). The government taps phones to discover evidence about a certain topic. Data mining is a system that aids in phone tapping: once a phone is tapped, all the conversations are data-mined to show trends which the government analyzes to decipher which phone records to dissect (Levy). The evidence discovered by data-mining and phone tapping only leads to more leads, meaning that intercepting evidence may identify a criminal or a suspect but most often does not lead any to incriminating evidence (Morgan and Padley). This poses a major problem. The government cannot risk picking which lead to pursue or not to pursue, and consequently they have to pursue every lead. This is extremely time consuming and if the lead turns out to be a dead end, all that time and money was wasted (Levy). Government phone tapping has so many drawbacks, is it not worth the trouble when the results barely ever produce incriminating evidence. The only legal way for the government to tap a phone is to obtain judicial authorization through a warrant (Gittlen). This system mandates collaboration between the National Security Agency and the federal courts, and forces the agency to have reasonable, coherent evidence to obtain the warrant as stated in a law developed in 1978 (Ashenfelter). Besides the National Security Agency and the judicial branch, communication companies are also involved in phone tapping. Legally, communication companies must aid in government phone taps when presented with a warrant (Ashenfelter). While communication companies are required by law to assist in warranted phone tapping, some phone companies have been assisting in phone tapping regardless of the presence of a warrant, claiming it is better to help them then to let the government do the tapping themselves (Gittlen). A serious question arises when an issue of national security is involved as to whether the government should be allowed to tap a telephone without first getting judicial authorization. The government’s most simple, but most crucial job is to protect its people and their rights at all costs. Currently, the United States is fighting a war on terrorism which threatens those rights. If the government is fighting to preserve those rights, how can the government rationalize encroaching or even suspending our basic rights for periods of time to guarantee their survival (Stephen)? The government’s own actions are conflicting with our basic rights which is what our country is supposedly fighting to defend (Finder). How can the government fight actions that threaten national security, when they themselves are doing the same things? The freedoms promised by the Constitution need to be present and permitted at all times. Subsequently, phone tapping encroaches on those freedoms making it unconstitutional. The claim that the suspension of our basic rights to ensure their survival is pure fabrication. Government phone tapping is an issue that has numerous aspects to it. As with all arguments, many people quickly judge without looking at the big picture. However, experts on the subject can see that phone tapping is both unnecessary and unconstitutional. Phone conversations are something that are held sacred to the public and are a basic right according to the Constitution. Under no circumstance, even desperation is the government allowed to break its laws. Ashenfelter, David, comp. Bushs Wiretap Program Gets a Weeks Reprieve. Detroit Free Press 28 Sept. 2006, sec. DN. LexisNexis Academic. McClatchy-Tribune News Service. Marywood University, Scranton, PA. 22 Mar. 2007. Browne, Harry. Does the Constitution Contain a Right to Privacy? 9 May 2003. Google Scholar. Marywood University, Scranton, PA. 22 Mar. 2007. Keyword: Phone tapping Privacy. Bush Defends Phone-Tapping Policy. BBC News. 19 Dec. 2005. 27 Mar. 2007 . Finder, Joseph. Tap Dance. The New Republic os 215 (1996): 14+. Wilson Web. Marywood University, Scranton, PA. 22 Mar. 2007. Keyword: government phone tapping. Gittlen, Sandra. How Do the Feds Tap Phone Lines? Network World 13 Feb. 2006. Google Scholar. Marywood University, Scranton, PA. 25 Mar. 2007. Keyword: federal phone tapping. Hollingsworth, Mark, and Tessa Mayes, comps. The Case is Notable for One Thing He Got Caught. The Guardian (London) 19 Mar. 2007, Final ed. : 8. LexisNexis Academic. Marywood University, Scranton, PA. Levy, Stephen. Only the Beginning? Newsweek 22 May 2006: 33. Wilson Web. Marywood University, Scranton, PA. 25 Mar. 2007. Keyword: Phone Tapping National Security. McCloskey, H J. The Political Ideal of Privacy. The Philosophical Quarterly 21 (1971): 303- 314. JSTOR. Marywood University, Scranton, PA. 24 Mar. 2007. Keyword: phone tapping. Morgan, Vivienne, and Ben Padley, comps. Using Phone-Tap Evidence Would Increase Convictions' The Press Association Limited 16 Mar. 2007, sec. PN. LexisNexis Academic. Marywood University, Scranton, PA. 22 Mar. 2007. Keyword: government phone tapping. Stephen, Andrew. A Nation Left Unprotected. New Statesman 5 Nov. 2001: 13-14. Wilson Web. Marywood University. 22 Mar. 2007. Keyword: Federal Phone Tapping. United States Constitution. Legal Information Institute. 2006. Cornell Law School. 25 Mar. 2007.

Reflective Paper (BUS 303) Essay Example | Topics and Well Written Essays - 2000 words

Reflective Paper (BUS 303) - Essay Example The work of HRM is therefore, to oversee that employees have the resources and determination to work towards the organizational goals. HRM deals with a wide range of interrelated activities but they are all geared towards creating performance through people. It is important to understand how the various aspects of HRM work together to assist employees in achieving organizational goals, clarify new areas of human resource, and understand future implications of HRM in a specific company (Randhawa, 2007). In the continually changing area of business, through competition, product changes and increased globalization, it is necessary for organizations to realize ways to achieve a competitive edge. According to (Melkonyan, 2013), the human resource (HR) of an organization is crucial in assisting employees grow and develop their skills. Employees are the most important aspect of a business with the potential to enable a business achieve, competitive edge over the others. The HRM is necessary in ensuring that Equal Employment Opportunities (EEO) laws are followed to eliminate discrimination in employment. The HR within the organization has the mandate to ensure that jobs are advertised with required job description and expectations so that people apply for the position. HRM then influences organizational performance by ensuring that qualified, skilled, educated and talented staff members join the company. When employees with the necessary skills are recruited it is evident that the organization gets to enhance its performance in a bid to accomplish the organizational goals and objectives. For instance, Lufthansa Company has a vigorous employee selection process that involves sending a resume, taking an online test, a telephone interview, and then an oral interview. The candidate also has to undergo analytical thinking, vocabulary, arithmetic, and behavior specific tests depending on job position. In this regard, a thorough selection process ensures that an all-round can didate is chosen for the job (Randhawa, 2007). Human Resource Development (HRD) is another important aspect of HRM functions to nurture employees in their various areas of work. This is a strategy that involves offering employees’ enhanced training and development programs that enhance their level of work. The whole idea is to invest in training and workforce growth to generate beneficial results. For instance, the field of technology is constantly changing and therefore, employee need to be brought up to date with current technological advancements as a way of giving the organization a competitive edge. HRD is a concept that ensures employees get opportunities in areas of training, mentorship, career growth, performance management, succession preparation, coaching, and overall organization development (Youssef, 2012). The HRM also encourages employees’ performance through effective compensation and rewards programs. For instance, when there are changes to pay and prom otion in the workplace, employees are motivated to enhance their responsibilities to be considered for such incentives. It is important for incentives and compensation to be offered equally and with fairness because discrimination can easily reduce employee morale. The other important aspect of HRM is recognizing efforts among employees and rewarding them for their work. Employees not only require good salary and rewards,

Vocabulary Strategies with ELL Students Essay Example | Topics and Well Written Essays - 1000 words

Vocabulary Strategies with ELL Students - Essay Example Students’ usage of first language for learning second language is the best practice for vocabulary learning as students can relate the words with one another. Students should be well equipped with knowledge of basic words as it is essential to excel with prior basic knowledge and for that purpose, transfer of cognate knowledge is required. It can be best implemented by allowing the students of ELL to find similarities and contrasts between their vocabulary of the words of their language and vocabulary of the second language. August, et al. (2005) informs that less efforts are done towards researching the best strategies for ELL students. However, transference of cognate knowledge is effective strategy for learning vocabulary. The second article that is taken for study is â€Å"Effective Instructional Strategies for English Language Learners in Mainstream Classrooms† by Susan (2004). According to Susan (2004), SIOP that can be abbreviated as Sheltered Instruction Observa tion Protocol is the best model that can be used for teaching students about English vocabulary. Susan (2004) explains that vocabulary plays an important role in language acquisition but lack of vocabulary appears as an obstruction for students of ELL in reading. There should be a vocabulary program setup for the vocabulary improvement of the English language learners. There are various stages that are described by Susan (2004) in the lieu of SIOP model. The whole exercise of planning and developing a program comes under the category of SIOP model. Word choice, allowance to students to use new words and new combinations and asking students to describe and explain words according to their own understanding, all are employed to teach the students of ELL to learn vocabulary. While using the approach of SIOP, the teachers should not use jargons or difficult words to teach students in order to facilitate them to learn in a comprehensible and easy manner.