International risk management Essay

A Letter of Credit is a document issued by a bank at the request of its customer promising to pay the exporter for the goods and services provided that the exporter provides all the documents as stated in the terms and conditions. To the exporter a letter of credit guarantees payment and reduces production risk if the buyer has a change of his order. It ensures that buyers cannot refuse to pay due to complain raised over the goods. It also provides a chance to get financing incase of delayed payment. The importer can structure their payment plan, it helps confirm the shipment of the goods, helps them reduce pre-payment, it as well ensures that the exporter delivers exactly what the importer required it also creates confidence for bigger transactions in future. A bill of exchange is a document that acts as the evidence of a debt and informs the importer to pay the exporter a certain fixed sum of money at a certain specific time. They act as a guarantee that goods of certain stated specifications have been shipped and that and that that require payment. The Export-Import Bank of United States of America helps in financing sales of goods and services by proving guarantee of working capital loans, it helps crate jobs through export of goods, the bank guarantees the repayment of loans to foreign purchasers, it also provides credit insurance for U. S. exporters against. The disadvantage of the Export-Import Bank is that for it to support the products at least 50 percent of them must be from U. S and they should not have any negative effect to the economy. It also does not offer help to importers outside U. S. In conclusion, the letter of credit, the bill of exchange and the Export-Import Bank are very important for the import-Export business to prosper not only in U. S but also any where in the world.

Code of Ethics Comparison Essay

Differences and similarities were described in the Code of Ethics of the American Counseling Association and the American Association of Christian Counselors. The two codes are comparable in many ways. The American Association of Christian Counselors focus on the Christian aspect and the American Counseling Association is based on world views. It is important to understand that counselors should not impose their personal values on clients, however religion mainly consist of beliefs that individuals adapt and practice. All counselors should remain subtle when providing services clients and allow them to make the decision if they choose to adopt a certain value or religious belief to help them cope with life. The general similarities of the ethic codes American Counseling Association and American Association of Christian Counselors consists of providing help to clients who are in a crisis situation. According to the text, The ACA & AACC codes both encourage client growth and development which fosters healthy relationships. They both seek to avoid harm and personal values when assisting clients. They both inform clients of informed consent and protect clients to earn their trust so that they can create an ongoing partnership, by maintaining confidentiality. They both find it important to maintain trust in awareness of sensitivity regarding cultural diversity. Both ACA & AACC respect the rights of privacy of their clients (Corey, G, Corey M & Callanan, 2011, pg. 94). I feel it is essential for all counselors to understand a client’s cultural background, religious belief and values to effectively provide appropriate care when making decisions. This information will allow counselors to make better informed decisions and build a stronger partnership. According to the text, both ACA & AACC maintain records to ensure clients are provided with the best service which allows the counselor to maintain a continuity record for future sessions (Corey, G, Corey M & Callanan, 2011, pg. 173). The differences in the two ethics codes consist of the following: According to the American Association of Christian Counselors (AACC) mission is to bring honor to Jesus Christ and his church, promote excellence in Christian counseling, and bring unity to Christian counselors. A more detailed and behavior-specific ethical code is needed for Christian counselors simply because of incompetent services among Christian counselors, unprotected legal status, and the vitality and growing maturity of Christian counseling. This code shows four streams of influence which include the bible; standards of Christian counseling and the established mental health disciplines; Christian and mental health professions; current and developing standards derived from mental health and ministry-related law. According to the text, Christian counselors should maintain the highest standards of competence with integrity. Christian counselors are viewed truthful, educated, and experienced. Christian counselors do not disrespect other professional counselors, mental health professionals (Clinton & Ohlschlager, 2012, pg. 264). Comparing and contrast duties to client and to the Profession According to the American Association of Christian Counselors, Christian counselors will protect clients and do no harm which is the first rule of professional-ministerial ethical conduct. Christian counselors will express a loving care to any client, service-inquiring person, or anyone encountered in the course of practice or ministry, without regard to race, ethnicity, gender sexual behavior or orientation, socio-economic status, education, denomination, belief system, values or political affiliation. Christian counselors acknowledge that client conflicts are unavoidable. Christian counselors take proper action against the harmful behavior of other counselors and pastors. Clients will be protected against harm and danger wherever it is found. Christian counselors refuse to condone or advocate for abortion and the abortion-related activities of clients. All counselors will consider and inform clients of alternative means to abortion and as far as it is possible, will continue to serve clients and work compassionately with them through the abortion crisis. According to the American Association of Christian Counselors, Compared to other professionals, Christian counselors refuse to condone or advocate for the pursuit of or active involvement in homosexual, transgendered, and cross-dressing behavior, and in the adoption gay & lesbian & transgendered lifestyles by clients. Christian counselors will not advocate for or support clients who wish to die due to medical reasons, or support the use of drugs to be utilized to end a life. The death of a patient may occur however, initiating action to end a terminally ill patient’s pain is unethical. According to the American Association of Christian Counselors, Christian counselors do not provide counseling to close family or friends due to the conflict of interest. They presume that dual relations with other family members, acquaintances, and fraternal, club, association, or group members are potentially troublesome and best avoided. Often times, family and friends may get offended when offering professional assistance. Christian counselors along with other counselors will secure client consent for all counseling and related services. This may include video/audio taping of client sessions, the use of supervisory and consultative help, the application of special procedures and evaluations, and the communication of client data. According to the text, Christian counselors may refer clients who are beyond their ability or scope of practice or when consultation is inappropriate, unavailable, or unsuccessful. Referrals should be coordinated after the client is provided with informed choices of referrals (Clinton & Ohlschlager, 2012, pg. 264). According to the American Association of Christian Counselors, Christian counselors are encouraged, beyond their fee schedule, to make a portion of their time and services available without cost or at greatly reduced fee to those who are unable to pay. On the other hand, counselors may not provide services to clients without some form of payment. Often times, Christian counselors enjoy what they do and may avoid financial practices that could result in greed. Christian counselors feel negative toward high fees and prolonged treatment for monetary gains. According to the text, Christian counselors do not withhold services to anyone of a different faith, religion, denomination, or value system. It is essential for Christian counselors as ell as other counselors to understand the client’s belief system and cultural background in order to provide the best care possible (Clinton & Ohlschlager, 2012, pg. 273). Christian counselors should not impose their personal values however support the client’s values in a professional manner. It is important to understand that Christian counselors do not abandon clients. Services should never abruptly end without sufficient notice and proper notification for termination or referral.

The Effects of Long and Short Term Stress

The Effects of Long and Short Term Stress Teresa Mcilwain PS2150-3 Emry Somnarain October 21, 2012 What does the term Stress mean? Stress is a term used in many different ways. Stress also can refer to events and circumstances, also examinations that can cause unease; to the specific body responses to such events, like Rapid heartbeat; or the mind's and body's try to deal with in order to recapture a sense of wellness.Stoklos defines stress as  a state of imbalance within a person, drawing out by actual or bought on different enviromental demands and the person's capacity to cope the demands†   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   What is the Effect of Short Term Stress? Short-term stress or acute stress is your reaction to an immediate threat. Divorce or sometime as simple as a deadline is a threat . This is kno wn as â€Å"fight or flight† response. The body is effected by stress is sleep disturbances.Insomnia is one form of sleep disorder. Short- term stress can be back pain, shoulder, or neck pain, Stress can even cause tension or migraine headaches. Depending on the nature of stress, you could experience rashes and hives or even hair loss. Your feet and hands may get cold as your blood flow is redirected from your skin to your heart. Shortness of breath may occur, if you have a touch of asthma and can cause asthma attacks. There are many more ways that stress can effects the body.What are the Long Term effects of Stress? Long-Term stress is the same as chronic stress has been defined by Pearlin as â€Å"the relatively enduring Problems and, conflicts and threats that people face in their daily lives. † The most known bases for this type of stress are family problems with spouse, parents, or children; love or sex problems; job related or s can  break down your immune syst em and make you very vulnerable to infection, including cold and flu symptoms.Prolonged stress can cause then you can suffer from Digestive problems, like constipation and diarrhea. Most people that have lots of stress turn to eating that end up being obese problems; and any other competitive involvement. Long-stress GREGORY L. WEISS, LYNNE E. LONNQUIST,. The Sociology of Health, Healing, and Illness BYESTRESS,htt://www. byestress. com/byestress-articles/effects-0f-stress-on-the-body. htm

Privacy of Information and Advertising Essay Example | Topics and Well Written Essays - 1500 words

Privacy of Information and Advertising - Essay Example the FatAway Inc. has launched a product line that is so far trusting with respect to the product specifications and the claims that it says. And to market it, manager believes that the best idea is to select the fattest people in Australia and use them as spokespersons or as reference persons in their ads. For this manager needs to probe into the databases of companies that maintain statistics related to the fat people in Australia. In this situation we can say that the manager's company is the sponsoring client (or the user of the data) and the companies maintaining databases are the researchers. Now, manager sees that the data probably might be easily available about the heavy weighted people; but the problem lies in the intrusion of someone else's personal life and the respondent probably has given his personal profile for some other purpose, and to use it for a third purpose might not be liked by him. And even if the respondents agree to the proposal of acting as sales person then too they might not be aware of the future emotional consequences that might occur to them and then they would not have any option. As the technology emerges it brings with it new and creative ways of information sharing. Companies have also shifted their business orientation from production to provision of knowledge. And hence we see growing number of companies maintaining databases, and also government organizations maintain data with respect to the population demographics etc. This data is collected for specific purposes. But as we move forward issues concerning intrusion of privacy are enhanced; since individuals are too cautious about their personal lives and the style with which they live. Accordingly, no one has any right to say or dig into the reason why someone is fat, since he or she has no concern. This case explores the same idea. Ethical issue or dilemma in the case Firstly, manager (user of the data) sees that obtaining data about weight and height of client is intrusion of privacy and since in the western countries especially collecting and giving out of data is considered serious violation of privacy. Next, the data might be available with a third party (the researcher) and the researcher is ready to sell the data but data might have been collected for some other purpose and thus using it for some other reason might not be right. Third, the subjects i.e. the fat people might agree to participate and act as the spokesperson and participate in the advertising campaign for the company. But this may embarrass them in the future and bound them to work for the company even if they later realize that they don't like working in the ad or made public about their weakness i.e. being fat. Prevailing community or the societal attitudes of the person may not allow him to such a behaviour. Solutions to the case Solution 1: First and foremost the general business ethics of the company maintaining databases and their privacy policy should be analysed. If they have the right to use the respondents' information in any way and context with the prior permission of the client, then only the data should be used. And this is most required in situations when the certificate of confidentiality has been given by the respondents. Solution 2: Moreover, to avoid any future embarrassment and humiliation for the potential spokesperson they should be

Arizona Law Essay Example | Topics and Well Written Essays - 1250 words

Arizona Law - Essay Example I shall use general information about the law and its open discussions as culled from various magazines, newspapers, and journals online in order to help persuade the reader to rethink their position should they be in full support of the law. After all, every law is subject to political discussion. Those who support the controversial law do so on the basis that the senators and other politicians in Washington are incapable of passing effective anti-immigration laws. That is why the state of Arizona has chosen to enforce its own version of an anti-immigration law. After all, who better to know the effects of illegal immigration into their state than the state politicians? They are familiar with the immigration problem of their state and therefore, should be the most authoritative when it comes to finding methods of keeping these illegal immigrants out of the country. Let us not forget the most important aspect of anti-immigration law enforcement, it must be based upon a law that was p assed by consensus on a national level over at the Capitol. The enforcement of the nitty gritty points of the law is the responsibility of those deputized by the national senate. The budget for anti-immigration law enforcement is also worked into the country's budget every year. But under the Arizona anti-immigration law, the budget for enforcing the law as stated in SB 1070 should come from the federal government. Under no circumstances should the enactment of such laws be done under the supervision and authority of the state under a localized anti-immigration law. (Navarette Jr., Ruben â€Å"The Truth About Arizona's Anti-immigration Law†) If Arizona is allowed to breakaway from the law as defined by Washington, then all the other states must be given the same freedom to enforce their anti-immigration laws. There is also the local and national economic and agricultural aspect to consider at the moment while the law is in effect. Although it is true that Washington has a har d time coming up with a cohesive anti-immigration plan that both sides of the political spectrum can get aboard on, they have to first consider the local economy and workforce of the state before passing such laws. These state legislators seem to have forgotten that the reason that illegal immigrants proliferate in the state is because there are jobs to be had. Jobs that our fellow Americans frown upon or refuse to do under the scorching heat of the sun. (Kain, Erick â€Å"Why Arizona's Controversial Immigration Law is Bad for Business†) Without these illegal immigrants to do the job without complain, is there anyone else who would willingly come forward to do those menial jobs? Let's face it, only the migrant workers who work illegally in the country would be willing to do those jobs in exchange for far less than they should actually be paid One of the key points that is being addressed as an explosive issue when it comes to the enforcement of this bill is that certain secto rs of society believe that the law will encourage racial profiling. The belief stems from the fact that the law is far too broad and open to interpretation that those enforcing it will not have any qualms about asking for citizenship identification papers because he is exposed to various races every â€Å"single day of his working life. It is believed that SB 1070, in its original content may : ...unlawfully

Shipping Law , contact and disputed Assignment Example | Topics and Well Written Essays - 1000 words

Shipping Law , contact and disputed - Assignment Example It is inchoate from the moment the claim or privileges attaches, and when carried into effect by legal process by a proceeding in rem, relates back to a period when it attaches† (cited Mandaraka-Sheppard 22). On the other hand, an in rem action, as opposed to an action in personam, is one that attaches on property rather than on a person. In the maritime context, it attaches on the ship or on the cargo rather than on the ship-owner or the cargo owner. Thus, once a writ is issued by the court in an action in rem, a warrant for the arrest of the ship or cargo, rather than on the ship-owner or the cargo owner, can be applied next to secure the claim even before judgment. Lord Justice Moulton said in The Burns [1907] P137, â€Å"the action in rem is an action against the ship itself. It is an action in which the shipowners may take part, if they think proper, in defence of their property, but whether or not they will do so is a matter for them to decide, and if they do not decide to make themselves party to the suit in order to defend their property, no personal liability can be established against them in that action. It is perfectly true that the action indirectly affects them† (Chan et al 21). Maritime liens, however, are complicated issues because of the usual conflicts of laws involved. For one, there is no single rule on what constitutes maritime liens although there are the so-called traditional maritime liens and statutory maritime liens. The former refers to liens that have become so by practice in the admiralty world whilst the latter are those which are prescribed in statutes of statutes. Under English law, for example, the traditional liens, as enumerated in the case The Ripon City [1897] P 266 (242) (Adm) are â€Å"bottomry, salvage, wages, disbursements, liabilities, and damage† and arise automatically, ipso facto, upon the occurrence of the fact without notice or formality, remaining in and following the ship or cargo from owner to owner, including

Discussion borad 3.2 Essay Example | Topics and Well Written Essays - 500 words

Discussion borad 3.2 - Essay Example FAA: A structured observation was performed three times during the different days of the week and different times of the day to obtain a picture of his disruptive and aggressive behavior. The frequency count of hitting, kicking, biting, pinching, poking, grabbing eyeglasses and jewelry, and screaming was done to establish a baseline. Additionally, Jon’s teacher was interviewed to get her perspective and develop a working relationship in order to develop successful interventions. Setting Event (Ecological) Strategies: During transitions, Jon can be assigned to a peer partner who could model being calm and explain what was going on and what was expected; and the new teacher can be given more training in behavior management. Antecedent Strategies: Jon might benefit from more opportunities to choose which activities he would do first (e.g., allowed to continue working on puzzle if asks appropriately); Easy and preferred tasks may be combined with difficult, less preferred tasks; Activities should be made more appealing (e.g., reduce length, assistance offered). Consequence Strategies: The teacher should listen to and honor Jons new alternative requests (i.e., he was given assistance, or a break, or allowed to choose a different activity if he made the requests appropriately); The teacher will remain emotionally supportive when confronted with problem behaviors. Measures: (a) Number of incidents of aggression, noncompliance, and disruption per week, (b) percent of class activities in which Jon participated, (c) general indicators of quality of educational experience (e.g., type of activities, need for one-to-one assistance). From the information collected during FAA is seems that the function of Brandon’s behavior was actually seeking attention. That’s why when his grandmother moved away, the frequency of negative behaviors at school has increased. It seems that Brandon is lacking some social skills, which is typical among children