The Division Of Foreign Assets Control - 773 Words

â€Å"The Division of Foreign Assets Control was established in the Office of International Finance by a Treasury Department order in 1950, after People s Republic of China entered the Korean War. On October 15, 1962, through a Treasury Department order, the Division of Foreign Assets Control became the Office of Foreign Assets Control (OFAC). † The U.S. Department of the Treasury started administering the US economic sanctions against foreign states with the War against Britain in 1812, where Secretary Albert Gallatin imposed sanctions against Great Britain in retaliation for to the harassment of American sailors. After that there was OFAC played a key role in enforcing sanction against Cuba after the Cuban revolution; Iraq for the Kuwait invasion and recently against Russia in Ukrainian invasion. (Wikipedia) The Office of Foreign Assets Control (OFAC) is an arm of the U.S. Treasury Department that creates updates and circulates a list of nations, persons and organizations, which are considered as national security threats for the United States. What issues are OFAC expected tackle? OFAC was created to tackle and deter threats such as money laundering, terror financing, American monetary assistance from rouge states and sanctioned organizations. Why is OFAC important? OFAC plays a key role in aiding BSA/AML compliance against terrorist financing and anti-national financial activities by setting up sanction or watch list of people, organisations and nations with whom noShow MoreRelatedEssay on Wal-Mart Analysis1677 Words   |  7 Pagesdepartment store industry. Through its stores, Supercenters and Sam’s Club warehouse stores, the company operates 2,823 units in the United States, 606 units in six foreign countries, and has 7 joint ventures in the Pacific Rim. Ten strategies have been identified that will ensure continued revenue and market share growth via foreign expansion, the foray into new domestic markets (the urban market) and concentration strategies in existing markets by enhancing the one-stop-shopping appeal of the currentRead MoreChina s Monetary Policy For Economic Stability1030 Words   |  5 PagesAbstract China’s monetary policies from capital gains, foreign exchange rates, influencing the exchange value on the domestic currency to monetary control on capital and exchange rate are what China is doing as policy to preserve economic stability from global market shocks. I studied the best model that uses those characteristics in China’s monetary policy. The model shows the main points of China’s price control and influence of the exchange value on the domestic currency in their monetary policyRead MoreSolution for the Case Philips Versus Matsushita1432 Words   |  6 Pagesmarkets in Japan, Australia, Canada, Brazil, Russia, US, Canada, and France. It became a decentralized sales organization (marketing companies in 14 European countries, China, Brazil, and Australia.). It had a shared leadership with transfer of overseas assets to two trusts by late 1930’s. The organization was split to NOs and PDs. The independent NO’s great advantage was ability to sense and respond to the differences and Product development became a function of local market conditions. Read MoreNorth Korenam Case Study702 Words   |  3 PagesTO: James Hunt, Special Agent in Charge, New York DEA Field Division FROM: Frank Schaafsma, Intelligence Analyst – Seoul, South Korea Country Office RE: North Korean Narcotics Production and Possible Expansion to U.S. DATE: 16 November 2017 Overview: Mr. Hunt, as the lead intelligence analyst assigned to the South Korean office in Seoul, I am inclined to alert you that we have seen a substantial increase in North Korean narcotics production as â€Å"it is harder for them to export legitimateRead MoreSolution for the Case Philips Versus Matsushita1423 Words   |  6 Pagesmarkets in Japan, Australia, Canada, Brazil, Russia, US, Canada, and France. It became a decentralized sales organization (marketing companies in 14 European countries, China, Brazil, and Australia.). It had a shared leadership with transfer of overseas assets to two trusts by late 1930’s. The organization was split to NOs and PDs. The independent NO’s great advantage was ability to sense and respond to the differences and Product development became a function of local market conditions. Read MoreObjectives Of The Janata Bank Essay936 Words   |  4 Pagesterms of profitability and Assets Quality. ï‚ § To ensure an adequate rate of return on investment. ï‚ § To maintain adequate liquidity to meet maturing obligations and commitments. ï‚ § To maintain a healthy growth of business with desired image. ï‚ § To maintain adequate control systems and transparency in procedures. ï‚ § To ensure optimum utilization of all available resources. 2.6 CORPORATE LEVEL OF ORGANIZATION STRUCTURE: The Corporate Headquarter of The Janata Bank has nine divisions and each comprisingRead MoreThe Problem Of International Business842 Words   |  4 Pagesnation to another. Competitive advantage The advantage a company has over its competitors, allowing them to achieve greater sales. Absolute advantage A company can produce a product at a lower cost. Capital All the assets in which an individual upholds. Secondary industries An industry that converts raw material into produce for consumers. End products The final product of multiple processes and/or operations. Infrastructure The physicalRead MoreStrategy And Structure Of International Business Essay1188 Words   |  5 Pagesof each possibility. In the paragraphs bellow, I present what I understand about organization of international business, the entry strategy in a foreign market and the exportation and countertrade. The Organization of International Business Organizational architecture is the structure of the organization, which include organizational structure, control systems and incentives and processes, organizational culture and people. An international business can be organized in three different dimensionRead MoreChristina Gold Leading the Change1703 Words   |  7 Pages Gold proposes that Western Union International be divided into three divisions: the Americas; Europe, Middle East, Africa, and South Asia; and Asia-Pacific. Each region will be led by a division head. Gold’s theory is that each leader head can better manage the cultural needs of the individual regions, helping Western Union better target its consumers in different cultural markets. The fear of lost revenue and product control is causing pause in the parent company, First Data Corporation. Gold alsoRead MoreAccounting Principles1674 Words   |  7 PagesCompanies are also expected to benefit, as investors will be more willing to provide financing. Companies that have high levels of international activities are among the group that would benefit from a switch to IFRS. Companies that are involved in foreign activities and investing benefit from the switch due to the increased comparability of a set accounting standard. The U.S. Securities and Exchange Commission (frequently abbreviated SEC) is a federal agency which holds primary responsibility for

Antibiotics Are Antibiotics Used For - 1198 Words

Antibiotics What are antibiotics used for? Antibiotics are used to fight infections which are caused by bacteria. They are not effective against viruses. What are antibiotics? Antibiotics can either be bactericidal or bacteriostatic. Bactericidal antibiotics act to kill bacteria and bacteriostatic act to inhibit and slow down the growth or bacteria. By doing this the antibiotics allow the hosts defence mechanisms to kill the bacteria or fight infection. Where do antibiotics come from? Lead compounds used in the formation of antibiotics are metabolites from microorganisms. These metabolites can be used as antibiotics by themselves or can be further developed to produce new antibiotics. Fungi are also used to inhibit the growth of†¦show more content†¦Penicillin for example acts on peptidoglycan which is only found in prokaryotic cell walls. It is possible for drugs with low therapeutic index to attack or inhibit structures or pathways in the host, this produces the side effects of the drug. How are antibiotics classified? Antibiotics are classified in three main ways: †¢ Their specificity ie. Do they have a broad or narrow spectrum (some antibiotics will act on many different pathogens whereas some will be more specific and only act on certain strains) †¢ The microbial group they attack – antibacterial, antifungal and antiprotozoan †¢ How they stain in the Gram stain procedure What is the gram stain? The Gram stain is a chemical preparation which allows bacteria to be classified into Gram positive and Gram negative by their ability to retain the stain. Bacteria which keep the purple stain are Gram positive and those that loose the stain or turn a pink colour are Gram negative. This procedure is based on the differences in the cell walls structure. The bacterial cell walls will all contain peptidoglycan but the gram positive bacteria the peptidoglycan layer will be thicker. Gram negative, as well as having a thinner peptidoglycan layer, will also have lipopolysaccharides covering the peptidoglycan layer causing less of the stain to be retained. Functions of antibiotics. †¢ Inhibit the synthesis of cell

Thomas Hobbes And John Locke - 1782 Words

Philosophers have always toyed with questions regarding humans in their natural state and reasons for forming contracts. Two thinkers who have risen to the forefront of this debate are Thomas Hobbes (1588-1679) and John Locke (1632-1704). Despite their relative following, these two philosophers stand in stark opposition to one another with regards to human nature and the purpose of sacrificing individual rights to form governments. Where Hobbes believes humans are driven simply by a desire to acquire more that can only be contained through a supreme power, Locke sees people striving to augment their freedom through forming political societies. Yet when juxtaposed, it easily becomes clear that Locke has made a better case, as he accounts for peoples’ abilities to rationalize for themselves and the interconnectedness found between persons under a shared contract. According to Hobbes, life is about wanting things. People have a â€Å"perpetual and restless desire of power after power, that ceaseth only in death† (389). In this way Hobbes believes that we are each responsible for our own pursuit of happiness: we act according to what we, as individuals, want, in order to fulfill our individual desires. Due to this individualistic perspective, Hobbes believes there is no objective good in nature. He voices this when he writes, â€Å"But whatsoever is the object of any man’s appetite or desire, that is which he for his part calleth good: and the object of his hate and aversion, evil; and ofShow MoreRelatedJohn Locke And Thomas Hobbes886 Words   |  4 Pagesdiscuss the differences in political theories expressed by both John Locke and Thomas Hobbes. In, Leviathan, by Thomas Hobbes, and in, The Second Treatise of Government, by John Locke different theories of political legitimacy and definitions of the state of nature are descri bed. 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Thomas Hobbes published his most famousRead MoreThomas Hobbes And John Locke Essay1441 Words   |  6 PagesEifling-Question 4 Hobbes and Locke During and after the English Revolution, a few philosophers expressed different views on their philosophical outlook and life experiences. Some of the most outstanding thinkers include Thomas Hobbes and John Locke. They had opposing views on governance matters, but the two, also, had striking similarities. In addition, the two represented an increasingly modernized European population that despised absolute kingship. Both Hobbes and Locke proposed a conceptionRead MoreJohn Locke And Thomas Hobbes1287 Words   |  6 Pagesknow how to balance and consider the nature of humankind and their rights. John Locke and Thomas Hobbes were both political philosophers who developed theories about how the government should work. They set up their theories around The Natural Law and the Social Contract Theory. Although John Locke and Thomas Hobbes had a similar goal, their beliefs and opinions were definitely not the same. John Locke and Thomas Hobbes both believed in the Natural Law and the Social Contract Theory. They both developedRead MoreThomas Hobbes And John Locke1346 Words   |  6 PagesContracts Thomas Hobbes and John Locke were two English political philosophers, who have had a lasting impact on modern political science. Thomas Hobbes and John Locke both spent much of their lives attempting to identify the best form of government. Locke and Hobbes were among the most prominent of theorists when it came to social contract and human rights. A Social Contract is an agreement among the members of a society to cooperate for social benefits. Thomas Hobbes and John Locke, are the twoRead MoreThomas Hobbes And John Locke1494 Words   |  6 Pages1) Thomas Hobbes and John Locke share the basic assumption that a theory based off of abstract individualism, consent, sovereignty and reason will produce a peaceful and productive society. This theory is the liberal political theory, which is the philosophy of individual rights and a limited government. Both Hobbes and Locke both center the majority of their ideas off of how people’s lives should be based off of nature rights instead of natural law. This being said, people are also subject to theRead MoreThomas Hobbes And John Locke928 Words   |  4 Pagesthere is no formed society, government, laws, safety, etc. both Thomas Hobbes and John Locke take this into perspective while introducing a political view. As illustrated by Thomas Hobbes, John Locke, Karl Marx, and Friedrich Engels, they proposed political views on how human nature can prosper. Initially, Thomas Hobbes introduces a concept on the state of nature and its effects as well as how peace can be achieved. In Leviathan, Hobbes defines what living in a state of nature would be like and theRead MoreThomas Hobbes And John Locke888 Words   |  4 Pagesare very similar but diverge in the moments that solidify their stance on their opinion. Thomas Hobbes and John Locke is both political scientist who have made strides in the area of social contracts and share being natural law theorist also. Locke and all other natural law theorists assumed that man was by nature a social animal and there fore struck contracts with each other to secure safety among them. 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Modern social contract theory can trace its roots to prominent thinkers Thomas Hobbes and John Locke. It is their thoughts on social contracts that lie at the center of the many spheres we are a part of. For Hobbes and Locke, social contract theory sought to analyze the relationship between rulers and the ruled

Microsoft the company Essay Example For Students

Microsoft the company Essay Microsoft: THE COMPANYThe thought of forming a company which supplies its customers with software, was a great ideaespecially coming from a college dropout. Bill Gates, along with high-school friend Paul Allen, formed a software company in 1975. From the beginning, Microsoft had a tremendous potential to become a very successful corporation. Beginning with a revenue of sixteen thousand dollars, and three employees, Microsoft developed into a huge money making machine.In its twenty-five years of existence, Microsoft has developed a very powerful and dominating corporationbut is not necessarily considered a monopoly. William Henry Gates III was born in Seattle, Washington on October 28, 1955. Gates father was a lawyer, and his mother was a teacher (Cusumano and Selby 23). Much of Gates programming started while he was a thirteen year old, from Lakeside School (tripod 1). He learned BASIC (Beginners All-purpose Symbolic Instruction) programming with, then sophomore, Paul Allen. By 1973, Gates was a student at Harvard University in Cambridge, Massachusetts. Allen had enrolled at the University of Washington, where he studied computer science. Gates left Harvard after just two years of education, and planed on programming for many personal computers. He and Allen later founded the Microsoft company a name which Gates had picked in 1975 (Cusumano and Selby 24). When Microsoft started out, there were only three employeesGates and Allen included. The gross revenue totaled sixteen thousand dollars. By 1978, Gates and Allen had employed eleven other people, but the revenue had jumped to 1.3 million dollars. The growth rate was quite steady until 1982-1983. This was when Microsoft had grown 104%. By 1995, Microsofts revenue was 5.9 billion dollars, and they employed 17,800 people (Cusumano and Selby 3). In December of 1996, Gates owned 282,217,980 shares in Microsoft, which ultimately helped him become the richest man in the world (geocities 2). Gates may have been the richest man in the world, but he had more important things to worry about at the time. Beginning in 1990, Microsoft had been under investigation by the FTC (Federal Trade Commission) for antitrust crimes. The Sherman Antitrust Act prohibits any form of monopolizing tactics, which is now thought to be used be Microsoft (Case 1). In fact, the Sherman Antitrust Act states that it is only prohibited for a company to control the supply and demand of products, in order to increase the prices of their own goods. In other words, lowering the supply of a product, intentionally, is the only illegality stated in the Sherman Antitrust Act. Doing so, would result in an increase in demand, thus an increase in price (Monopoly 9). Antitrust laws kick in when significant competition does not exist in amarket (Bob Lewis- InfoWorld 1)As Lewis is stating, Microsoft is at no fault if there is no competition for its products. Microsoft could not prove they were not at fault though. So on July 29,1998, a judge ordered Microsoft to hand over the blueprints for Windows 95 to Caldera, a company against Microsoft in antitrust violations. The judge believes this would help competition in the unfair computer market (lawsuit 1). The market is heavily controlled by Microsoft, but the customers are theones who choose the company to begin with. Microsoft is also doing much more research than many of its competitors. In 1997, Microsoft spent a hefty three billion dollars on research (monopoly 1). Also, by 1997, Microsoft employed over nineteen thousand employees (Cusumano and Selby 3).It is estimated that 90% of PCs (personal computers) have, or once had, Microsoft Windows installed on it (monopoly 1). There are many alternatives to Microsofts Windows. Such systems include: Suns Solaris, Caldera, BSDI, Digitals Unix, BeOS, Apples Rhapsody, and IBMs OS/2. Microsofts Windows 95, MacOS, and IBMs OS/2 are all around the same price (monopoly 2-4). .u51e9b90b9c7322950a84021b279a0d6f , .u51e9b90b9c7322950a84021b279a0d6f .postImageUrl , .u51e9b90b9c7322950a84021b279a0d6f .centered-text-area { min-height: 80px; position: relative; } .u51e9b90b9c7322950a84021b279a0d6f , .u51e9b90b9c7322950a84021b279a0d6f:hover , .u51e9b90b9c7322950a84021b279a0d6f:visited , .u51e9b90b9c7322950a84021b279a0d6f:active { border:0!important; } .u51e9b90b9c7322950a84021b279a0d6f .clearfix:after { content: ""; display: table; clear: both; } .u51e9b90b9c7322950a84021b279a0d6f { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u51e9b90b9c7322950a84021b279a0d6f:active , .u51e9b90b9c7322950a84021b279a0d6f:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u51e9b90b9c7322950a84021b279a0d6f .centered-text-area { width: 100%; position: relative ; } .u51e9b90b9c7322950a84021b279a0d6f .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u51e9b90b9c7322950a84021b279a0d6f .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u51e9b90b9c7322950a84021b279a0d6f .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u51e9b90b9c7322950a84021b279a0d6f:hover .ctaButton { background-color: #34495E!important; } .u51e9b90b9c7322950a84021b279a0d6f .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u51e9b90b9c7322950a84021b279a0d6f .u51e9b90b9c7322950a84021b279a0d6f-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u51e9b90b9c7322950a84021b279a0d6f:after { content: ""; display: block; clear: both; } READ: Subcultures: Sociology and Chicago School Sample EssayAs far as the money goes, Microsoft is making a lot of it. Microsofts profits in 1998, which neared four billion dollars, exceeded 40% of the profits from the ten largest software companies (Cusumano and Selby iv). Beginning with BASIC, moving into one of Microsofts most popular programs MS-DOS (Microsoft Disk Operating System), and going through many steps before getting to Windows, Microsoft has totally dominated the computer industry. Every product Microsoft comes out with has been a success, primarily due to the amount of money in research the company puts in. Microsoft has just been trying to make the most efficient products for the consumer, and it has succeeded in that. Approximately 140 million people access MS-DOS everyday on their computerswhile 70 million access Windows (Cusumano and Selby 1). In 1987, Windows was designed for the new Intel microprocessor, which was made along with Compaq (Cusumano and Selby 152). When a company joins with two other companies in producing a product, and splitting the profit, the question of monopolizing an industry should be eliminated. A monopoly is present when there is only one company controlling a certain product, along with the price of that pr oduct. With Microsoft, there are several companies trying to compete, but none succeed. Handing over blueprints to a company, to promote competition, is absolutely ridiculous. Microsoft has succeeded in producing the best computer products for the past twenty-five years, and will probably continue to do the outstanding work for the years to come.