The Democratic Party And The Republican Party - 1607 Words

For centuries, two main political parties, the Democratic Party, and the Republican Party, have divided the United States government. The Democrats are considered the liberal political party and can trace its roots all the way back to Thomas Jefferson when they were known as Jefferson’s Republicans and they strongly opposed the Federalist Party and their nationalist views. Republicans are considered the conservative political party and try to uphold more traditional values. The Republican Party came into existence just prior to the Civil War due to their long-time stance in favor of the abolition of slavery. In 1860, they became an established political party when their nominee Abraham Lincoln was elected as President of the United States. Since their inception, the Republican and Democratic Party have had many disputes about policies. One of these major debates has focused on educational funding in the United States. The parties have different views on the education system of the country, but both agree there needs a change in some way. Democrats favor more progressive approaches to education, such as implementing the Common Core System, while Republicans tend to favor more conservative changes such as longer hours and more focused programs to better educational resources. In Virginia, Republicans from 1990 to 2013 worked to provide better educational funding more prominently than Democrats. Starting in the 1990s, the Virginia education system experienced a decrease inShow MoreRelatedThe Democratic Party And The Republican Party875 Words   |  4 Pagesgovernment has two front-running parties: The Democratic Party and the Republican Party. These parties are both criticized by one another, and the political candidates are kept under a microscope at all times. One wrong sentence has the ability to bring the wrath of societal shame. With this term’s presidential race the Republican Party and its lead candidate have accelerated at these mishaps, wh ich has conveyed a racial bias stigma. The denotative meaning of the Republican Party is to be, relating to, orRead MoreThe Republican Party And The Democratic Party Essay1467 Words   |  6 PagesThe Republican Party has long relied on the support of older, white, conservatives. Regrettably, they are a shrinking portion of the voting population. The problem that they face is a shrinking voter base, mainly due to age. As their electorate shrinks, it is imperative for the party to appeal to the more liberal younger generations for support. The Republican Party needs to look forward to true reform. Above all, the party needs to abandon much of their social conservatism to appeal to millennialsRead MoreThe Democratic Party And The Republican Party1640 Words   |  7 Pagescontenders are and what their main objects will be once they arrive in office. In politics today, two parties exist; the democrat party and the republican party. Out of the pair of organizations, the democratic party remains as the world’s oldest political party. It was first founded in the year 1828 by Thomas Jefferson and James Madison. The Jeffersonian Republican or Democratic-Republican party were the first names that it wore. The main purpose for the creation of this political group was to establishRead MoreThe Democratic Party And The Republican Party1238 Words   |  5 Pagespolitical parties have dominated the United States: the Democratic Party and the Republican Party. The term â€Å"Third party† is used in the United States to describe any political party besides the well-known Republican and Democratic parties. Examples of third parties include the Libertarian Party, The Green Party, and the Constitutional Party. Unfortunately, these third parties have a hard time gaining political representation at the federal level. The historic rou te Democrats and Republicans trace backRead MoreThe Democratic Party And The Republican Party1580 Words   |  7 PagesThe Democratic Party is one of two major political parties in the United States. I associate myself as a Democrat for the reason of their liberal views. The Democratic Party tends to be more liberal and support the views like same sex marriage, immigration, and social and economic equality. Many of the views the party stands for and beliefs tie to my beliefs. Some of the key priorities of the Democratic Party are the Economy, Poverty and Homelessness, Education, Healthcare Policy, Social SecurityRead MoreThe Democratic Party Of The Republican Party1531 Words   |  7 Pagespolitical parties differ significantly on policies, a prospect that may work to the advantage or the disadvantage of the candidate for Democratic Party of the Republican Party. After months of the long bruising primaries, the GOP conducted its convention in Cleveland while the democratic sect he ld their convention in Philadelphia. The speeches delivered in the two conventions had significant policy differences which are likely to influence voting patterns in the November elections. Republican PositionsRead MoreThe Democratic Party And The Republican Party1931 Words   |  8 PagesThe Republican Party has a total of 18 US presidents that were in office, the most of any political party to date. The Republican Party started with Abraham Lincoln and working its way down to George W Bush. The first start of the Party was in February, 1854, when antislavery Whigs met together to discuss a formation of a new political party. One such meeting on March 20th, 1854, in Wisconsin, is remembered as the Founding meeting of the Republican Party. The Civil War made the Republican Party victoriousRead MoreA Balanced System Of The Republican Party And The Democratic Party1541 Words   |  7 PagesTiffany Edwards While democracy, to be a balanced system, should be two or more parties who hold different beliefs, the Republican Party and the Democratic Party have a long history of feuding when it comes to debating the major issues. The biggest issues that continue to be ongoing debates between the parties are education, tax reform, immigration, national debt, healthcare and abortion. Republicans tend to lean more toward the freedoms, rights and responsibilities of the individual and the democratsRead MoreRepublican Democratic Parties Essay1073 Words   |  5 Pagespolitical parties fighting in each country in order to take control of their government. The United States of America is not an exception, as the Democratic and Republican parties compete against each other in every election in order to gain control of the US Government. These two political parties are the most popular and powerful in the US, there are very popular that other political parties have no chance on competing against th ese two in an election race. In order to win elections the parties needRead MoreThe Democratic National Party vs. the Republican National Party1131 Words   |  5 Pagestwo party political system. These two parties play a very important role in our government, they are a source of ideas for public policy, and they legally oppose each other (class citation), forcing compromises of ideas which are beneficial to the people of the United States of America. Though these two parties generally always oppose each other on the issues, some people believe that there are not significant differences between the Democratic National Party and the Republican National Party. Despite

Service Failures Of The Airline Industry Essay - 1218 Words

From a customer’s perspective, a service failure refers to a real or perceived service- related problem, or where something has gone wrong in dealing with an organization. The customer’s expectations of the service encounter are therefore not met by the organization, and the customer could even perceive a loss as a result of the failure. Although customers and organizations increasingly seek a flawless delivery of core and supplementary services, this is virtually impossible in a service setting due to human involvement in service production and consumption. In addition, the inseparable and intangible nature of services also gives rise to service failures. The airline industry is especially prone to service failures due to the service processes employed in service delivery. Although airline passengers may hold certain expectations prior to their impending travel, service failures in the airline industry can lead to several flight cancellations, diversions or delays, attitudes of ground and cabin staff, strikes, reservation problems and overbooking of flights. A service failure not only impacts negatively on customers’ confidence in an organization, but it could also result in their defecting from the organization. Organizations should therefore identify the probable failure points as well as methods aimed at preventing failures from reoccurring. Although it is highly unlikely that organizations can eliminate service failures, they can learn to deal with these failuresShow MoreRelatedService Failures Of The Airline Industry Essay1181 Words   |  5 Pagesdefine â€Å"service failure† as a real or perceived service- relate d problem or issue. This situation often occurs when something has gone wrong in dealing with an organization, on a macro level it can be anything that relates to customer’s expectations of a given service encounter are not met by the service organization, and the customer could even perceive a loss as a result of the failure. Although customers and organizations increasingly seek a flawless delivery of core and supplementary services, thisRead MoreDelta Airlines : Effect Of Regulation1748 Words   |  7 Pageswas known as Huff Daland Dusters. This airline was mainly used to dust crops and get rid of unwanted insects. A decade later Collet E. Woolman bought the company and renamed it to Delta Air Services. The company performed their first passenger flight on June 17, 1929, and it began to grow rapidly due to acquiring of smaller airlines and the addition of routes (History of Delta Air Lines, 2017). This paper explores how different regulations affected Delta Airlines throu ghout its existence, and how theRead MoreDelta Airlines : The Largest Operating Airline1458 Words   |  6 PagesDelta airlines is the oldest operating airline in the United States, one of the five remaining legacy carriers, and a founding member of the SkyTeam airline alliance. It was founded as a crop dusting service company in 1924 in Macon, Georgia. Since its early years Delta airlines has gone through all the regulation changes from early years of commercial aviation to recent years, and has been highly influenced by the government laws. The first major piece of legislation created by Congress relatedRead MoreCase Study Analysis Of Jetblue Airliness Ice Storm 1556 Words   |  7 PagesCase Analysis of JetBlue Airlines 2007’s Ice Storm JetBlue Airlines today is known for their low-cost flights and many in-flight perks, such as free TV channels, and overall has become a favorite of many travelers because of the more pleasant flight experience JetBlue can provide. In 2007, about 9 years from when they started, an ice storm in New York tested JetBlue’s mission to be a different kind of airline when the weather caused many delays and a bottleneck of troubles at the gates of the airportRead MoreThe U.S. Airline Industry1191 Words   |  5 Pagesï » ¿The U.S. Airline Industry The U.S. airline industry provides a unique service to its customers. It transports people and goods with efficiency and convenience which is not achieved by any other service. The purpose of this article is to collect data on the U.S. airline industry and analyze the state of the industry today. Data came from sources such as the Federal Aviation Administration, scholarly articles, and websites such as dallas.culturemap.com and airwise.com. Tools used to analyze the dataRead MoreSouthwest Airlines Case Study795 Words   |  4 PagesSouthwest Airlines Contents Introduction 1 The Problem 1 The Analyses 2 The Alternatives 3 The Recommendations 4 Conclusions 4 References 4 Introduction Millions of people fly everyday. Southwest airlines provide low-fare travel among 58 cities in the United States. Although the airline industry suffered greatly in the aftermath of September 11, Southwest was able to continue to hold strong. Southwest airline continues to maintain steady sales as much of the industry was affectedRead MoreEasyjet Case Study1039 Words   |  5 Pagesmodel provides to the customer functional services at the lowest possible price, on the basis of the real value of the basics of the service provided, avoiding any unessential frills. EasyJet was launched in 1995 and was the pioneer in the economical airlines segment. The PESTEL analysis of EasyJet airlines shown in figure 1 suggests that all the external factors were favourable for EasyJet which contributed to its corporate success. Also in the industry lifecycle EasyJet is in the growth phaseRead MoreAir Canadas Business Case Study1210 Words   |  5 Pagesbusiness. Underfunded pension plans, failure or inability by Air Canada to make required cash contributions to its registered pension plans will harm Air Canada`s reputation and operations. Detail data is presented in Section 9.7. Dependence on technology Air Canada MDA also emphasises the importance of its dependency on technology to operate its business and any IT system failure might have a negative effect on its business. Interruptions or disruptions in service Air Canada’s business is significantlyRead MoreSwot Analyses for Tui984 Words   |  4 PagesPorters five forces for Expedia Chapter 1 – American Airlines * PEST Analysis The utilization of a PEST analysis with regard to American Airlines takes into account the political, economic, social and technological (NetMBA, 2004) environment the industry is embroiled in and how this has, is and will threaten to impact its operations and profitability. It must be remembered that the   number of possibilities concerning macro-environmental aspects is almost limitless, thus concentrationRead MoreBusiness: Threat of New Entrants1000 Words   |  4 Pagesthreat because firms already in the industry have a cost advantage and these companies already have a strong customer base. Economies of Scale †¢ Bigger producers buy more inputs and therefore may get quantity discounts †¢ Boeing is the worlds largest aerospace and defense company †¢ Boeing sells more products in multiple industries so they have the ability to produce each unit at a lower cost than a smaller company would †¢ Delta is the 2nd largest passenger airline in the world by available seat miles

Business Ethics Obligations and Sustainability

Question: Discuss about the Business Ethics Obligations and Sustainability. Answer: Introduction: The London Interbank Offered Rate (LIBOR) scandal has raised several crucial questions regarding the ethical obligations of the financial institutions. In this context, the major three ethical issues that have been identified are lack of honesty, illegal business operations as well as fiduciary issues. Lack of honesty: The LIBOR scandal critically identified that Barclay did not maintain their integrity towards their business approach. They were responsible for maintaining the financial well being of customers and helping them to make rational decision. In this context, they were obliged to disclose proper interest rate so that the customers can evaluate the financial condition while making their decision regarding the transaction activities. However, as the present scenario revealed, Barclay manipulated the interest rate in order to manage the customer investment aiming to attain personal wealth (Alessi and Sergie 2012). Therefore, it is evidently observed that the organization did not stand firm in their ethical obligation with respect to maintaining the honesty as well as integration. Moreover, as there have been a number of banks were related with the scam, it can be questioned whether entire financial system is as corrupted as Barclay. Illegal business operations: The legislative departments as well as various regulatory divisions have formed the guidance that stated that any financial institution could not directly influence any financial data. As this faulty enclosure will directly affect the customers along with overall economy of the country, the manipulation is one of the most severe illegal activities. Therefore, it can be easily observed that Barclay directly disregarded the legal obligations with respect to maintain the financial transparency regarding the transaction (Car 2016). In this context, it has been also identified that the legislative department has been unable to monitor the financial activities in a crucial manner and thus failed to maintain the financial security of the generic population. Fiduciary Issues: In the fiduciary aspect, Barclay was accountable for maintaining the trust and confidence by disclosing exact interest rate. This particular activity would have maintained their transparency as well as reliability with respect to fulfilling their business commitment. However, Barclay failed to maintain their proper stand and manipulated the interest rate data in the sole aim of acquisition of personal wealth (McConnell 2013). This scenario raises the questions that whether the financial institutions of London are capable of entrusting. Impact of the traders ability on the interest benchmark: The impact of the traders ability on the interest benchmark created a several conflict of interest with regards to the LIBOR scandal. The most crucial conflict of interest are described below: Structural conflict of interest: The financial institutions, which have participated in the LIBOR scandal, were noted to be most active derivative traders. They were renowned for accounting 80% of overall outstanding interest rate as well as 70% of basic interest rate across the world. In other words, the manipulative financial institutions were most involved in the LIBOR trading derivatives. Although this does not raise any conflict of interest, it will definitely discourage others to be involved in LIBOR derivative trading (Hou and Skeie 2014). It has been also disclosed by the incident that despite of oversight process of FXMM Committee of BBA LIBOR Ltd, the contributing financial corporations were self-supervising them. Therefore, it is evident that this less transparency in monitoring system as well as conflict of interest was has been represented by traders ability to influence the interest benchmark. Banks conflict of interest: As identified by the disclosure of LIBOR scandal, that most of contributors of LIBOR process were involved in the trading derivatives of LIBOR. This will evidently raise the possibility of influencing the submission of rate in the absence of corroborating transactions. There are a number of conflicts of interest, which are crucial for the business operation of numerous International Bank (Ashton and Christophers 2015). Although the organizations undertake the policy to separate the conflicting employees from the traders, in the current situation the traders became involved with the submitters, as they were required to be expert. It has been often observed that the traders partook in submitting process actively. Individuals conflict of interest: It is evident from the disclosure of the LIBOR scandal that any individual could benefit with the knowledge of future submission. The major reason for this speculation is lack of corroborating submission process as well as subjective LIBOR submission. It has been also revealed that although the rate cannot be manipulated in a precise manner, it definitely can be prodded towards a direction (Chorafas 2015). As any small change in LIBOR, submission rate has the ability to produce a huge amount of profit. Therefore, the traders were encouraged to manipulate the submission rate for their personal gain. This particular scenario created a major conflict of interest. Examination of the possible intent and behavior of traders: In the current context, it has been identified that traders of Barclays as well as other fifteen financial institutions has been contributed in manipulation of LIBOR submission rate. It has been observed that LIBOR is invested in settling contracts on the derivatives of money market. The 18 banks will be asked in daily fashion that in which rate they will be able to purchase fund by the British Bankers Association. The entire data collection process regarding the LIBOR submission is conducted through Thomson Reuters data collection service. From there, this particular service ignores the four-submission rate from top and bottom data range (Huan et al. 2015). After that, the average of entire data range defines the official LIBOR rate. Now the traders took bet on the movement of interest rate in certain period of time. This way Barclay achieved a great deal of profit from the manipulation of the interest rate. The evaluated investigation of the contributing parties of LIBOR fraud has identified couple of major reason for manipulating the LIBOR submission rate. It has been disclosed that majority of the traders has been found to enquire about state of the rates in order to attain personal gain. Due to this particular reason, LIBOR rate has been influenced in a significant fashion (Kuo et al. 2012). In addition to that, it has been also stated that after financial crisis Barclay single mindedly focused on the manipulation of LIBOR rate in order to maintain their market position in the banking industry. As the lower rate of interest will attract a higher amount of investment, Barclay was inclined to influence the LIBOR submission rate in a downward fashion. In order to do that, Barclay filled artificial lower rate so that they can disguise their financial stress from the customers. Application of several theories to the LIBOR scandal: LIBOR scandal has been immensely successful to point out the rotten state of financial institutions. The current case can be evaluated by several ethical theories in order to identify the major conflict. These applications of these theories regarding LIBOR case are described below. Utilitarianism: This particular theory states that a financial institution must focus on the happiness of the customers regarding all ends of any transaction. In this case, the people that invest, transfer as well as deposit a portion of the fund in any bank in England are considered as the consumers. As the case study indicates that, the modified rate of interest had directly affected those people. In addition to that, the Stock Exchange as well as other associated trading system would be distressed by this manipulation of interest rate (Kohn 2013). As the economical principles state, the people will be inclined to be invest their money while the rate is lower and vice-versa. It has been identified by the investigation that Barclay focused on their profit rather than financial wellbeing of the consumers. Deontology: The deontology states that the company must stay honest to their responsibility taking rational along with legal decisions. In this aspect, the companies are also responsible for helping the consumers to take proper, rational and informed decision. In addition to that, the corporation is also bound to maintain the fulfillment of individual requirements, diversity, autonomy as well as respect. In this case, Barclay did not maintain their duty by acting rationally and with good will to help the customers to take proper decision (Youle 2014). The outrageous rate of interest disclosed by Barclay inevitably thwarted consumers ability to make rational decision. In addition to that, Barclay also failed to maintain their legal obligation to maintain a transparent and honest practice. Virtue Ethics: The virtue ethics work on a string of morals as well as values, which guide the organizations to act ethically. These values are justice, honesty, courage as well as temperance. Although, Barclay displayed the courage attributes it was not done with good purpose (Coulter and Shapiro 2015). Moreover, Barclay also interfered with the justice value by disputing the legal considerations with respect to the financial transactions. Furthermore, Barclay did not act with self-control as well as integrity in order to gain personal wealth. Therefore, it can be concluded that Libor system did not act as per the virtue theory, which makes it unethical. Accountability of the banks: The proper investigation of the LIBOR scandal has successfully indicated that Barclay is one of the major culprits of the manipulation of interest rate. Although, Barclays had primarily attempted to shun the scandal as the desolate activities of traders, it has been proven that the organization had an active participation in the LIBOR submission rate manipulation (Braml 2016). Although, if traders individually manipulated the LIBOR rate without the influence of Barclay, the company would have been accounted as responsible as they are the employees of that organization. In this context, the organization bore full responsibility being the sole supervisor of those traders. It has been identified that Barclay has shadowed the LIBOR rate before the financial crisis. After the collapse of the Lehman Brothers, it has been a great deal for Barclay to maintain their market position. It is also observed that with the rise of anxiety regarding the strength of Barclay, the interest rate of Barclay became quite higher than the LIBOR rate (Abrantes-Metz and Sokol 2012). The major reason for this higher rate of Barclay was lack of reliability on the organization. In this context, in order to survive in this most competitive market the management of Barclay directly commanded the employees to lower their submission rate so that the LIBOR rate can be influenced. The relatively lower rate successfully impressed the investors, which helped the organization to survive in the market. The process for regaining trust by the financial institutions: In order to regain the trust of the consumers Barclay need to initiate several crucial steps, which will be influential to indicate their transparency and good intention in the following days. In this context, the most significant step for Barclay will be performing major public relations campaign. The public relation campaign has to be focused on attracting new business by developing goodwill with clients and increasing trust and confidence (Williams and Conley 2015). They need to enforce the statement among the consumer perception that they are most profitable bank for investing, transferring as well as depositing the consumers money. The organization also need to exhibits that they would not conduct any unethical activities in future. In order to that, the company has to new set of executives as well as management, which will indicate that they are inclined to start their business approach afresh. In addition to that, the organization needs to elevate their brand image by emphasizing on the corporate social responsibility. The best way to uplift their image is partaking in several charity events in a regular fashion. They can also express their good intentions by executing several goodwill projects that will solely focus on consumers happiness (Chorafas 2015). It will indicate that the organization is ready to ensure the consumers happiness disregarding the cost. In general, Barclay needs to depict the image that they would make them an impressive company in the near future. Reference List: Abrantes-Metz, R.M. and Sokol, D.D., 2012. The lessons from libor for detection and deterrence of cartel wrongdoing.Harvard Business Law Review Online,3, pp.10-16. Alessi, C. and Sergie, M.A., 2012. Understanding the Libor scandal.Council on Foreign Relations. Ashton, P. and Christophers, B., 2015. On arbitration, arbitrage and arbitrariness in financial markets and their governance: Unpacking LIBOR and the LIBOR scandal.Economy and Society,44(2), pp.188-217. Braml, H., 2016. The manipulation of LIBOR and related interest rates.Studies in Economics and Finance,33(1), pp.106-125. Car, R., 2016. The Libor Case: A Focus on Barclays. InManaging Reputation in The Banking Industry(pp. 59-78). Springer International Publishing. Chorafas, D.N., 2015. Libor Scandal, Derivatives, Gold Deceits, and the ETFs. InBusiness Efficiency and Ethics(pp. 141-162). Palgrave Macmillan US. Coulter, B. and Shapiro, J.D., 2015. A mechanism for Libor.Available at SSRN 2256952. Hou, D. and Skeie, D.R., 2014. LIBOR: origins, economics, crisis, scandal, and reform.FRB of New York Staff Report, (667). Huan, X., Parbonetti, A. and Previts, G., 2015. Understanding the Libor Scandal: The Historical, the Ethical, and the Technological.Available at SSRN. Kohn, A., 2013. LIBOR: The Clearinghouse and Exchange Based Solution.Fordham J. Corp. Fin. L.,19, p.455. Kuo, D., Skeie, D. and Vickery, J., 2012. A comparison of Libor to other measures of bank borrowing costs.Federal Reserve Bank of New York, Working Paper. McConnell, P., 2013. Systemic operational risk: the LIBOR manipulation scandal.The Journal of Operational Risk,8(3), p.59. Williams, C.A. and Conley, J.M., 2015. The Social Reform of Banking. InResponsible Investment Banking(pp. 235-250). Springer International Publishing. Youle, T., 2014.How much did manipulation distort the Libor?. Working paper.

Romulus And Remus Essay Paper Example For Students

Romulus And Remus Essay Paper With the beginning of any civilization there are stories that are carried throughtime about the creation of their nation. Rome was no different than any other. Theycarried their tail of how brothers quarreled over who was to receive the glory of theirtriumph. The United States also has followed this tradition as well with stories of ourmost famous founder of the United States, George Washington. Rome’s history began when two brothers founded the nation in the city of Rome. However the brothers were unable to decide which one was to receive the honor of havingthe kingdom bear his name. Romulus and Remus tried to decide, but eventually thediscussions broke down and the two brothers fought. Romulus was the victor and endedup killing his brother and consequently naming the kingdom after himself, Rome came intoexistence for the first time. This story gave the people of Rome a history, and instilled asense of strength in the nation through its patron founder. By slaining his brotherRomulus proved to his people that his nation would flourish in the future no matter whatthe cost, even if it meant taking the life of ones very own flesh and blood in battle. They both feed the kids and kept them live until one day a herdsman stumbled upon the two boys. The shepard Faustulus found the twins. He toofk them with him to his house and his wife called them Romulus and Renus.. they were not aware of the princely origin of the boys and raised them as their children. Ounce Romulus and Remus had grown up, they learned their story and decided to go back to Albalonga. Not knowing exactly why they had been abandoned, the twins had no idea where to start looking. They decided to start by going to the local festival. As young men, Romulus and Remus gathered around them a band of hardy, adventurous campanions. And because of their adventurous nature they tended to get a little roudy. Remus is captured by a band of men at the Lupercalia after a quarrel between amulius swine and cowherd. He is taken to Numitor. Numitor was supposed to put sentence on him but realized through their conversation that he was one of his daughters sons and informed him of his royal stature. After The twins discover their true origins, and they reinstate Numitor as king. Ounce their grandfather was in power because they had slain their great uncle, they decided to found their own town. They asked Numitor for advise and on his advise they waited for Devine signs. Just like when they were young Romulus and Remus could never agree on anything. They each thought that this new town should be in a different site. Remus chose the Aventine while Romulus chose the Palatine. Both places were not to far from the great fig tree because it seemed right. Remus first saw six vultures. Romulus, however, later saw tweleve vultures. It was now clear that Romulus had chosen the preordained place. Leaving his brother scorn and filled with anger. On 21 April 753 BC, a holiday of the shepherds, the first stone was laid. The foundation of the new town marked the end of Remus. It had been decided that no-one could pass the boundary without permission of Romulus. Remus out of spite or as a goof jumped over the wall, and laughed at its size. Romulus, enraged by