Roles and Functions of Law in Business and Society Essay

Roles and Functions of Law in Business and Society Introduction William O. Douglas said, â€Å"Common sense often makes good law.† Well that is what laws essentially are, rules and regulations that make sure common sense is followed. One could even say that laws are enforced ethics. Laws serve several roles and functions in business and society, and this paper will discuss those roles and functions. What is law? According to Reference.com (2007), law is defined as: â€Å"rules of conduct of any organized society, however simple or small, that are enforced by threat of punishment if they are violated. Modern law has a wide sweep and regulates many branches of conduct.† Essentially law is the rules and regulations that aid in governing conduct,†¦show more content†¦These three classifications of law affect both business and society, through not only the guidelines defining what is and is not a crime, but also through protection for both. The examples above talked about a car hitting an individual. If it were taken one step further and the car belonged to a business, there are laws in place safeguarding the culpability of the business from the incident since though it is a company car, the company itself was not driving it. Instead the driver and only the driver would be the one at fault, and the victim would have only the driver to seek compensation or prosecution against. Functions of Law Whether it is corporate, personal, or societal, laws are created to protect the interests of the masses. According to the textbook, Business Law: The Ethical, Global, and E-commerce Environment, 13th Edition (Mallor, et al, 2007, p. 11), the most important functions of law include the following: 1. Peacekeeping. 2. Checking government power and promoting personal freedom. 3. Facilitating planning and the realization of reasonable expectations. 4. Promoting economic growth through free competition. 5. Promoting social justice. 6. Protecting the environment. These functions of law protect the interests of individuals and businesses through a system of rules, enforced by governing bodies. These systems of rules, as listed byShow MoreRelatedThe Functions and Role of Law in Business and in Society684 Words   |  3 PagesFunctions and Role of Law in Business and Society Law plays an important role in the creation and maintenance of a just and orderly society. In the absence of law, anarchy would most likely prevail. It is also important to note that to a large extent, law regulates and guides the interactions humans have in their day to day undertakings be it in business or in other aspects of their daily lives. In seeking to highlight the key functions and role of law in business and society, it would be prudentRead MoreThe Functions and Role of Law in Business and Society: Case Study of Cipollone vs. Liggett Group Inc677 Words   |  3 Pagesdefine the functions and role of law in business and society. This work will discuss the role of law in the past or present job or industry of the writer. Introduction The case of Cipollone v. Liggett Group, Inc. relates the 1965 Federal Cigarette Labeling and Advertising Act which specifically requires that a conspicuous label warning of smokings health hazards be placed on every package of cigarettes sold. This case is centered on the meaning and application of this act. Business law throughRead MoreRole and Functions of Law1056 Words   |  4 PagesRole and Functions of Law: Law is a concept that has evolved from basic morality with which the society cannot function properly without. Generally, law is associated with the customs and traditions that the society considers to be right or wrong. As a concept that has developed throughout the history of many societies, law has become an important facet in todays businesses and society. 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Laws are put into place to help keep people’s behaviors in order and to regulate standards. Law is a body of rules of action or conduct prescribed by controlling authority and having legal binding force. The common characteristic of the current state of law is that it creates duties, obligations, and rights that reflect accepted views of a given society (Melvin, 2011). TheRead MoreRoles and Functions of Law1035 Words   |  5 PagesRunning head: Role and Functions of Law Role and Functions of Law LAW/421 University of Phoenix Role and Functions of Law Every civilization that has existed has implemented rules that govern how that civilization should live and act, these rules and practices are what we call laws. The definition of law according to Merriam-Webster (2012), a binding custom or practice of a community: a rule of conduct or action prescribed or formally recognized as binding or enforced by a controllingRead MoreEssay on The Roles and Functions of Law881 Words   |  4 PagesThe Roles and Functions of Law LAW/421 September 9, 2012 The Roles and Functions of Law The longest serving Supreme Court Judge William O Douglas most popular quotations is â€Å"Common sense frequently makes great law† This quote is what laws are rules and regulations that make common sense is, and to enforced ethical decision. Laws help the public as well as keep many parts in community. In business and society laws serve several roles and functions, and this paper will discuss those roles andRead MoreEssay on Role and Functions of Law960 Words   |  4 PagesRole and Functions of Law The law is a delicate yet malleable set of rules and principles that are formed to suite the needs of those deciding its purpose. The role of law for business and society is to provide set rules and procedures that fall within general functions which reflect the position of the people. In various types of governments the law is adjusted to suite the needs of the dictator, its citizens or its elected body as seen fit. In a republic, such as the United States of America

E Business Vs. E Commerce - 1552 Words

Introduction Today, it is hard to find a software that does not have some sort of access to users’ information; going from their name to their credit card information. In fact, with the evolution of technology (most importantly the increase in access to the internet), E-business or E-commerce has been pushed to a new level. Today, customers want to be able to access services at anytime, anywhere. This has led to the development of applications that can be executed on distributed environment or in real time such as Web based applications or a Client server application. Hence, secure software development is not an option but a must that software engineers have to put in practice so that data integrity can be guaranteed to users. The†¦show more content†¦As a consequence, an increasing number of users and organizations have expressed the need of more robust systems and applications. Hence, this fact implies incorporating an effective security stage into the development life cycle in order to be able to efficaciously assess security issues. Secure software development cycle not only encompass the development and the implementation of a software but, also the processes that guaranty that a piece of software meets its requirement while minimizing expositions to malicious threats that could expose users and minimizing the cost of development (Microsoft.com) Planning and requirements Requirement analysis is probably the most important and more complex process in the Software Development Life Cycle framework. In Secure software development, senior developers, together with stakeholders, not only discuss the fundamental of the SDLC such as project planning, assessing product feasibility studies and management requirements, but also define set of activities to formalize the security requirements for a specific product release (SafeCode source). These activities are defined using use cases, strategic company security policies, defined security improvement goals and customers’ inputs. This implies identifying functional and non-functional requirements and applying a high risk assessment on them in order to determine security risks and to prioritize security requirements as per threat and risk

What Energy Drinks Do to Your Body Free Essays

What Energy Drinks Do to Your Body Central Idea: Energy drinks contain many Ingredients that cause changes in our bodies. Introduction You are feeling tired and unmotivated what do you do? some people such as myself opt to purchase an energy drink(s) (I had a few while writing this speech) As students we sometimes need a little boost to help us study, many of you will opt to purchase energy drinks in this speech i will attempt to inform you on the effects energy drinks have on your body. Body First a little bit of history first ever energy drink was Lipovitan D 1962 invented by japanese company Taisho Used to keep employees awake well into the night First energy drink in US was Jolt Cola Wasn’t really an energy drink at all, just a hyped up soft drink introduced in the 80’s added a lot of sugar and caffeine Some Ingredients and what they do Caffeine – works by blocking the effects of adenosine, a brain chemical involved in sleep. We will write a custom essay sample on What Energy Drinks Do to Your Body or any similar topic only for you Order Now Glucose – A from a sugar, is a primary source of energy, energy drinks contain double the recommended daily amount. Ephedrine – A stimulant that works on the central nervous system. It is a common ingredient in weight-loss products and decongestants, but there have been concerns about its effects on the heart. Taurine – A natural amino acid produced by the body that helps regulate heart beat and muscle contractions. Many health experts aren’t sure what effect it has as a drink additive. Ginseng – A root believed by some to have several medicinal properties, including reducing stress and boosting energy levels. B-vitamins – A group of vitamins that can convert sugar to energy and improve muscle tone. Guarana seed – A stimulant that comes from a small shrub native to Venezuela and Brazil. Conclusion I hope this speech has helped you better understand the effects energy drinks have on our bodies, health and well being. o the next time you decide to drink an energy drink think about what you are really drinking. Works Cited Watson, Stephanie. â€Å"How do energy drinks work? † 04 October 2006. HowStuffWorks. com. Web. 02 March 2013. Seifert, Sara M. , Etal â€Å"Health Effects of Energy Drinks on Children, Adolescents, and Young Adults† Pediatri cs: Official Journal Of The American Academy Of Pediatrics. 3 (2011): 511-528. Web. 14 February 2011. Sifferlin, Alexandra â€Å"What’s in Your Energy Drink? † Time 04 February 2013. TIME. com. Web. 06 February 2013. How to cite What Energy Drinks Do to Your Body, Essay examples

World Regional Geography Exam Questions free essay sample

Why do some scholars believe that China may become the next global superpower? Do you agree? Why or why not? Include specific facts regarding China to support your view. Why China will become a Superpower o China’s government exported $762 B worth of goods in 2005 – an increase of 28% from the past year o China imported $660 B worth of goods in 2005 – and increase of 18% from the past year o Total foreign trade in 2005 was $1. M – this makes China the third-highest ranking country, preceded by only the United States and Germany – precedes Japan now; this is the first time that China has grossed more than Japan. A decade ago they made only $289 B o Many of our goods are now labeled â€Å"Made in China† o China’s autocratic government and limited constraints on the military will allow it to reach the status of world superpower o China’s military is the largest standing army in the world, with about 3 M soldiers and some 1. M reserves. They are a nuclear power, and have medium-range and intercontinental ballistic missiles Personal opinion o Do you agree? Why or why not? 2. Discuss the many centripetal and centrifugal forces acting within India. Why is this country considered to be one of the world’s most complex states, and what are the most serious challenges facing India as it moves into the twenty-first century? Centripetal forces: cultural strength of Hinduism, its sacred writings, holy rivers, and influence over Indian life for most Indians, Hinduism is a way of life as much as it is a faith and its diffusion over the entire country brings with it a national coherence that constitutes a powerful antidote to regional divisiveness. Democratic institutions- in a country as culturally diverse and as populous as India, reliance on democratic institutions has been a birthright ever since independence, and democracy’s survival( crucial unifier. Communications are better in much of India than in many other countries in the global periphery Continuous circulation of people, ideas, and goods helps bind the disparate state together Before independence, opposition to British rule was a shared philosophy( strong force Preservation of union is now a common objective thanks to national planning India’s capacity for accommodating major changes and its flexibility in the fact of regional and local demands Federal power and cooperative negotiation have allowed boundaries to be shifter, internal political entities to be created, relocated or modified, and secessionist demands have been handled India’s history of success Education: high literary rates (exceeds 96% for both males and females) Educational opportunity (colonial legacy) India has the educated workforce to seize opportunities for service jobs on the global economic scene. Strong leadership: Gandhi, Nehru, and others( did much to unify India by the strength of their compelling personalities. Centrifugal forces: Hinduism’s stratification of society into castes remains pervasive(castes are fixed layers in society whose ranks are based on ancestries, family ties, and occupations. ( thus in the city as well as the village, communities were segregated according to caste, ranging from highest (priests, princes) to the lowest (the untouchables). Hindutva or Hinduness- a desire to remake India as a society in which Hindu principles prevail( this concept has become the guiding agenda for a political party that has become a powerful component of the federal gov’t and it is variously expressed as Hindu nationalism, Hindu patriotism, and Hindu heritage( this worries Muslims and other minorities, but also concerns those who understand that India’s secularism, its separation of religion and state, is indispensable to the survival of its democracy Hindutva enthusiasts want to impose Hindu curriculum on schools, change the flexible family law in ways that would ma ke it unacceptable to Muslims. 3. Discuss high population growth in the developing world. What are the difficulties associated with trying to curb human fertility in the developing world? Where and how have there been successes? Discuss the Demographic Transitions model and comment on its applicability to developing realms. -Countries suffering from population growth problem China and India -China 1. billion people: Zeadong believed socialist countries need more people to improve China -India: 1. 1. Billion people – lack of education -China tries to control birth rates by sterilizing, local propaganda and education -Ordered to have a one child – lower birth rates -Abortion even in third trimester -Sending second or third children to villages -India: -Population of people will not compare to growth of food in future – problem -Sterilizing, family planning -74% people live on farms – hard to get information to them, 7% women illiterate -Children help on farms – high rates of fertility -Shortage of food land -Family planning more successful in wealthy areas Demographic model: stage one non-stable rate of birth and death -Rapid population growth: threat to national development -Economic gains overtaken by growing numbers -Lower income economies -In high income economies-population growth small -Went through demographic transition (4 stage) took them from high birth rates in reindustrialize times to very low birth rates in and low death today. Stages 283-population explosion: death rates in industrializing and urbanizing countries dropped but birth rates took longer to decline -India: youth’s unable to find employment, live in poverty 4. Describe the problems and future prospects facing the new countries of ‘Turkestan’. Kazakhstan: territorially larger than the other five combined but situated astride an ethnic transition zone Russian’s constitute 30% of population (15. 2 million) Capital- Astana, clearly a forward capital. This placement symbolizes Kazakhstan’s cooperative relationship with Russia and its confidence as the richest economy in former Soviet Central Asia based on its oil, natural gas, and mineral resources. Kazakhstan is the corridor between the Caspian Basin’s oil reserves and china( Oil and gas pipelines across Kazakhstan could eliminate, or greatly reduce China’s dependence on oil carried by tankers along distant sea lanes. Turkmenistan: with important frontage on the Caspian Sea and bordering Iran and Afghanistan population of just 5. 9 million, 75% Turkmen traditionally nomadic Muslim people, many of whom were forced into sedentary farming during the country’s days a s a Soviet Socialist Republic. Post-independence, a former ruler reinvented himself as Turkmen patriot, banned all opposition, and outdid his erstwhile Soviet masters in his own control over education and religion