Thursday, February 13, 2020
A report on highest priority program Essay Example | Topics and Well Written Essays - 750 words
A report on highest priority program - Essay Example Also, the Department of Defense feels that the State has to bring back the allied forces so that the cost of maintaining such a high degree of expenditure n the troops can be minimized. Let us focus on the expenditure on the war on terror. The Department of Defense has spent an estimated amount of 4 Trillion USD. This is the highest amount of money spent by the Unites States of America upon a single agenda. The war on terror in Afghanistan and Iraq has cost us a lot of money and the results of the same have not been any fruitful. Even though the companies based out of USA have got the chance and opportunity to built industries in the areas which have been inflicted by the war, the Department of Defense in consultation with the Department of Commerce feels that the economic spending has outgrown the income received by the US based companies from doing business in the war inflicted areas. The highest priority for the United States of America is to control the high level of external exp enditure of the state. The international debt has increased dramatically in the past 3 years and the Department of Commerce in consultation with us have concluded that the war on terror has had dramatic consequences on the purchasing power parity of the Government. There are thousands of troops who have been lined up in Iraq and Afghanistan and it is imperative that we should start cutting down on the supply of our troops in those countries. ââ¬Å"The President spent $850 billion on defense in his first year. This included $530.1 billion for the DoD base budget, and $152.7 billion to fund other departments, such as Homeland Security and the Veterans Administration.â⬠Understanding from the above observations, it is imperative that the State is spending a lot more amount on external security than it has to. The State must recognize the fact that the spending is going out of bounds and it might become difficult to grapple with it. We must be vigilant with our money and it is cru cial that we do not allow the spending to escalate our economic debts. The Department of Defense has made this report in consultation and advises from the Department of Commerce. Moving forward, the Department of Defense categorically state that the States and the President should remove 50% of the troops from the war affected areas by 2015. By the time the country enters a safe economic zone period, it is imperative that the troops are then brought back to the country. We plan to put in a system in place where the interior troops of Iraq and Afghanistan shall be trained and provided with ammunition to counter any insurgency. We shall start the training method by July 2014 and hope to accomplish the training of at least 100000 troops in those countries so that we can then start to remove our troops gradually and place their troops instead. This will also allow those nations to manage any insurgency or attacks and shall make them self-sufficient. Once we send out our troops from the war affected areas, we shall then create a system of checks and balances which will make sure that the process of replacing our troops with their troops is seamless. By 2016 end of the year we hope to have taken away all the allied forces away from the war-ridden areas and reduce our expenditure on war by 80%. This will give the economy the much-needed impetus in terms of monetary strength. The economy will be face
Saturday, February 1, 2020
In what ways are MNEs developing new business networks with an ethical Essay
In what ways are MNEs developing new business networks with an ethical orientation Using examples, explain why these developmen - Essay Example The sheer size of these corporations have made them almost like political actors, in the countries they are present and it is believed that their decisions and actions can affect the demography in both positive and negative ways (Holland, 2010). The emergence of the Corporate Social Responsibility (CSR) can be traced to this very point which is concerned with the issue of reducing negative impacts of the corporate on the population of the country. The CSR deals with the ethics and social responsibility of the company, the two major factors in the strategic management process of a country (Godiwalla and Damanpour, 2006). Ethical conduct is a major requirement of the MNEs in countries in which they operate. The expectations of the countries, in which these companies operate, are the major determinant of the ethical and social conduct of an organization. This essay aims to understand the ways in which MNEs are expanding their new business networks, considering the ethical considerations and the way these contribute in building competitive strength of the companies. Business Ethics: Definition There are numerous definitions of business ethics that can be considered. For the purpose of this essay, business ethics can be defined as the principles, values and standards, which guide the business in its conduct with the external world (Ferrell, Fraedrich and Ferrel, 2011). Principles include the basic rights like, freedom of speech, justice and equal rights, which are universal and form the basis of the rules. Values, on the other hand, comprise of social norms established by conventions in the society which are socially enforcing. These include integrity, accountability and trust and the standards for these are largely determined by investors, employees and interest groups and influence the societyââ¬â¢s acceptance of what is permissible or not by the business. Strategic ethic management has the potential of improving both the economic and ethical goals of MNEs, whe n they consider expanding the existing business to new geographies. Research work has shown that there is a positive correlation between ethical business conducts and long-term financial development of the companies (Takei, 2011). This prompts companies to take ethical issues seriously in their expansion. The causality relationship between the profitability growth and business ethics are yet to be confirmed. Empirical evidences show that there are positive correlation between financial growth and ethical considerations. These discoveries imply that the strategic management must take into consideration the aspect of business ethics in their management process (Krishnamurthi, 2008). Rationale for business ethics Business ethics forms an important responsibility of the manager who conducts the business. The need for implementation of business ethics is more severe for managers who have the responsibility of conducting foreign operations as they face more pressing ethical issues which a re absent within the domestic borders (Luminita and Constantin, n.d.). There are various reasons responsible for this difference like: Firstly, the difference in the legal and political structure of a country in which the business is likely to operate. These differences are further pronounced by the ethical and traditional conventions of the society. Secondly, the differences between the economic organizations of countries in
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