Laws Courts And Policies Essay Research Paper free essay sample

Laws, Courts, And Policies Essay, Research Paper Sep. 16 1999 Law, Courts, Politics Data/ Analysis The American President # 8217 ; s and Their Judges The appointing of Judgess to the United States Circuit Court of Appeals is the duty of the United States President. This duty does non travel without its benefits. Because the jurisprudence can at times be # 8220 ; flexible # 8221 ; when make up ones minding a instance, a president is most likely traveling to take a justice with the same background and ends as he. The Number of Judges Appointed A president can name as many Judgess as he wishes. During the last 10 presidencies the sum of Judgess appointed ranged from 12 to seventy eight during a whole presidential term and 3.6 to 14 per twelvemonth. When the figure of Judgess is broken down into how many per twelvemonth by president a form appears. It seems that the figure of appointed Judgess per twelvemonth per president increased and peaked during the Carter old ages. We will write a custom essay sample on Laws Courts And Policies Essay Research Paper or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Carter, with a big 14 per twelvemonth, totaled to 56 during his four twelvemonth term. Although Reagan appointed a sum of 78 it was all during eight old ages of presidential term. Thus, after the extremum of President Carter there was a slow but steady diminution. In a speedy glimpse, one might believe that President Reagan had the most consequence on the United States Circuit Court of Appeals. It is non until you look into the information that the realisation is that President Carter packed 4.25 % more per twelvemonth into the judges’ seats. Bush and Clinton Political Parties Without interrupting down into per centums the difference in party favour is obvious between Bush and Clinton. President Bush appointed 34 republican Judgess, two democratic Judgess, and one independent justice. Clinton appointed 41 democratic Judgess, three republican Judgess, and four independent Judgess. The difference is due to the president # 8217 ; s ain political party. A president is more likely to name a justice that has the same political beliefs as he does. Gender Democrats and republican are different in that Democrats are more broad and republican more conservative. This can consequence farther into the president # 8217 ; s assignments of Judgess. Democrats are more likely to name a higher per centum of adult females to the tribunals than a republican would. This is shown clearly by the difference in gender assignment by Bush and Clinton. President Bush appointed 8.9 % adult females whereas Clinton appointed 33.3 % adult females. There is a difference of 23.4 % between the two presidents! Once once more this is due to their beliefs drawn from their political parties. Race

Free Essays on Operations Management

Seagate Technology is a leading provider of technology and products allowing people to store, access, and manage information. The company is the world’s largest manufacturer of disc drives, magnetic discs, and read-write heads. In addition, they are the leading developer of business intelligence software. With increasingly valuable role storage is playing in the computer industry and across the internet, Seagate continues to drive new solutions for this important market, which also includes the burgeoning opportunity for storage-centric consumer devices such as digital video recorders and internet TV. Seagate employs approximately 60,000 people worldwide and can be found around the globe. Their offices are located in Malaysia, Singapore, Northern Ireland, Thailand, and the USA. Seagate supplies their products and services to many companies in the computer and financial industry such as IBM, Compaq, Prudential Securities, and Bear Stearns. Their standards include the ISO certification, which is a registration to an internal standard for quality whose requirements are aimed at achieving customer satisfaction by preventing nonconformity at all, stages from design through servicing (seagate.com). ISO9000 certification is sought to demonstrate capability to Seagate’s customers and it’s mechanism for internal improvement. Seagate’s website (www.seagate.com) offers customers a convenient way to purchase products and view the latest innovative products in technology. Additionally, Seagate.com offers the latest company news and quarterly reports (seagate.com). It is clear that in order for Seagate to succeed in the market place today, they must have a website. Seagate.com continues to find ways for customers to have a close look at their company profile and purchase products quickly and effectively. Like most companies, the goal for Seagate’s operations management team is to create value for their customer (Russell 5). The ... Free Essays on Operations Management Free Essays on Operations Management Seagate Technology is a leading provider of technology and products allowing people to store, access, and manage information. The company is the world’s largest manufacturer of disc drives, magnetic discs, and read-write heads. In addition, they are the leading developer of business intelligence software. With increasingly valuable role storage is playing in the computer industry and across the internet, Seagate continues to drive new solutions for this important market, which also includes the burgeoning opportunity for storage-centric consumer devices such as digital video recorders and internet TV. Seagate employs approximately 60,000 people worldwide and can be found around the globe. Their offices are located in Malaysia, Singapore, Northern Ireland, Thailand, and the USA. Seagate supplies their products and services to many companies in the computer and financial industry such as IBM, Compaq, Prudential Securities, and Bear Stearns. Their standards include the ISO certification, which is a registration to an internal standard for quality whose requirements are aimed at achieving customer satisfaction by preventing nonconformity at all, stages from design through servicing (seagate.com). ISO9000 certification is sought to demonstrate capability to Seagate’s customers and it’s mechanism for internal improvement. Seagate’s website (www.seagate.com) offers customers a convenient way to purchase products and view the latest innovative products in technology. Additionally, Seagate.com offers the latest company news and quarterly reports (seagate.com). It is clear that in order for Seagate to succeed in the market place today, they must have a website. Seagate.com continues to find ways for customers to have a close look at their company profile and purchase products quickly and effectively. Like most companies, the goal for Seagate’s operations management team is to create value for their customer (Russell 5). The ... Free Essays on Operations Management OPERATION AND OPERATIONS MANAGEMENT All organizations have operations.† A manufacturing company may conduct operations in a foundry, mill, or factory. Our interest is in the management of operations, or operations management (OM), including the usual management cycle of planning, implementing, and monitoring/controlling. The driving force for OM must be an overriding goal of continually improving service to customers, where customer means the next process as well as the final, external user.  § Since there is an operation element in every function of the enterprise, all people in all jobs in every department of the organization should team up for improvement of there own operations management elements. Teaming Up with Customers What happens when suppliers and customer are disconnected? Consider design work, for example. Whether we speak of goods or services, time- and distance separation in the supplier-customer connection invites trouble. Question: â€Å"What’s your Job?† Question: â€Å"But isn’t your job to serve the customer?† In grocery stores, where the supplier-relationship is immediate, the operations manager system is hard pressed to maintain a customer focus. The customer is the next process, or where the work goes next. A buyer’s customer is the associate in the department to whom the purchased item goes; a cost accountant’s customer is the manager who uses the accounting operations-where the design will be produced or the service provided. It is also clear that throughout the organization, people not only have customers, they are customers. Let’s turn our attention to what customers want. A Short List of Basic Customer Wants The requirement is a recipient’s or customer’s view of a good or service. A close partnership with the customer’s actual requirements. A close partnership with the customer helps create good specifications, increasing the supplier’s ability to f ulfill the customer’s needs. What else d...

Analysis of the Strategic Situation of HTC, the Mobile Phone Handset Essay

Analysis of the Strategic Situation of HTC, the Mobile Phone Handset Firm - Essay Example The main objective of the paper is to undergo strategic situational analysis of HTC which is a mobile phone handset firm. It will attempt at preparing a SWOT analysis of the company. The study will also focus upon Porter’s five forces model as well as industry life cycle analysis. In order to comprehend the resources held with the company, the study will make use of the value chain analysis. PESTEL analysis will be conducted in order to comprehend the macro environmental factors affecting the products and the services of the company. Porter’s Five Forces Model In order to recognise the competitive scenario of the smartphone industry in which HTC operates, the Porter’s five forces analysis can be quite applicable. Entry Barriers There are several barriers that prevent companies from entering into the smartphone industry. A few of the barriers that may work in favour of HTC need to be determined. High fixed cost, which is required for research and development, is c onsidered to be one of the biggest barriers to entry into the industry. High brand recognition of the established companies is considered to be other barrier to entry for the new firms since people prefer to purchase goods from those companies that they trust (Scribd, 2012). Bargaining Power of Buyer It has been observed that the bargaining power of the buyers of smartphone is quite high. There are innumerable substitutes available in the smartphone industry. The product differentiation is quite low in comparison to the competitors. The demand for smartphones is generally elastic because of the fact that they are not indispensable products (Scribd, 2012). Threat of Substitutes Products There are various substitutes available for smartphones which are generally utilised for mobile phone’s admittance to information. There are a few substitute products available in the market, which include laptops, cell phones, pagers and organisers. The cellular phones as well as laptops offer the services that are needed by most of the customers in terms of access to information for the consumers. The different complements that the consumers can use for the smartphones are e-mails along with maps, internet applications as well as software that are available over the phones (Scribd, 2012). Rivalry There is high competition in the smartphone industry and even though there are few strong competitors, the industry does not endorse numerous organisations. This is because of differentiation. Although there is greater differentiation between the casual as well as the professional users for smartphones there is limited capability to differentiate it. There is negligible scalability in order to generate more number of software by not directing the market to a small number of firms (Scribd, 2012). When customers purchase a regularly utilised product, they tend to put greater emphasis upon quality instead of price. There is minimum differentiation for price and the companies with recognized low quality as well as fewer budgets for research and development will face difficulties in competing within the market. Bargaining Power of the Suppliers The phones are normally assembled making use of the components from numerous suppliers. Original Equipment Manufacturer (OEM) has

Balanced Score Card Essay Example | Topics and Well Written Essays - 3500 words

Balanced Score Card - Essay Example According to various studies, the Balanced Score Card system affects strategy at the levels of finance, customer, internal, and growth. One advantage of this strategy is that it relies significantly on measurable outcomes that weigh against specific goals as spelt out in the organization’s specific mission and vision. According to a range of financial management literature, the application of the Balanced Score Card is manifest at the financial level of strategy (Punniyamoorthy, & Murali, 2008; Figge, Hahn, Schaltegger, & Wagner, 2002, p. 269). This is because, financial growth strategies are comparably easier to ascertain as compared to the other levels of strategy as customer growth and satisfaction. The universal characteristic of these strategies involve the active application of specific periods within certain financial goals are measured (Brown & McDonnell, 1995). The levels of success or failure are measured within the specified period in order to obtain the most accurate standards of measurement as spelt out within specific growth objectives and strategies. On this score, it becomes appropriate to consider the fact that time factor remains one of the most important considerations of the rate of growth. Financial Management In many organizations, the determination of growth using the Balanced Score Card method involves the determination of revenue growths and profits (Chavan, 2009). This usually entails the determination of the rate of growth in profits as understood together with certain financial measurable. The application of the strategy involves the determination of the strategic growth objectives and the outcome measures as the key determinants of growth within the strategy (Chavan, 2009). For instance, within a manufacturing company, strategic growth could involve the determination of various strategies for growth and other processes (Brown, & McDonnell, 1995). Some of the issues that relate to the development of strategy within the understanding of the Balanced Score Card relate to the need to adjust outcomes within definite operational paradigms. On this matter, it is necessary to consider the fact that the application of strategy remains an integral issue that applies within various factors an d strategies of growth. The determination of specific outcome measures assists in providing the management with specific indicators of telling whether the strategy relates well with the projected goals (Chavan, 2009). The assumption is that the end-result is significantly a factor of the strategy within, which it was achieved. The relationship between outcome and process depends on the manner in which the strategy relates with the financial objectives and the ability of the management to harness all the other aspects of the strategy towards the attainment of the same. The various processes that attach to strategy relate to other application specifics that combine to form some continuous link between the starting point of the strategy and the budgeted outcomes (Chavan, 2009). Critics of the Balanced Score Card strategy contend that other variables apart from the mechanics of the strategy could be involved in the achievement of the specific goals of the organization. Organization proc esses are subject to multiple internal and external factors, which affect the processes in different

Colonial America & American Art Research Paper Example | Topics and Well Written Essays - 2500 words

Colonial America & American Art - Research Paper Example What is most striking is their approach to social, economic and political inequality, a theme that has run deep throughout American history, and continues to do so today. Zinn begins his account of American history, predictably, with the first expeditions of Columbus to the New World. Some pages later, the author gives a clear excursus on his approach to and conception of history, and his view on the role of the historian. Zinn explains that he has rejected history which involves a grand narrative of political events, of war and of conquest; in short, he has rejected the history of the nation. He quotes Kissinger’s assertion that ‘History is the memory of the State’ in order to reject it (19). Kissinger, by contrast, was most interested in a model of history based on the nation-state, and relations between nation-states. He penned several works on theories of power relations, and on the history of European state relations in the 19th century. Zinn suggests a diffe rent approach – an attempt to view history from the perspective of ‘the people’: ‘the story of the discovery of America from the viewpoint from the viewpoint of the Arawaks, of the Constitution from the standpoint of the slaves, of Andrew Jackson as seen by the Cherokees’, and so forth (10). ... This is in contrast to the more conventional view of history taken by Craven. Craven’s book is essentially a catalogue of the styles and trends in art and architecture which have developed and flourished at different stages in American history. The historical summaries given at the beginning of each major section (i.e. Colonial America, Federal America etc.) are essentially a narrative of high political developments. The historical introduction given to the Federal period is a particularly good example. Having mentioned that the newly-independent colonies were troubled by their squabbling Congress, Craven goes on to emphasize that America was ‘also the home of a large number of exceptional men – George Washington, Thomas Jefferson, John Adams, James Madison, Benjamin Franklin, and Alexander Hamilton, to mention but a few’ (110). This presentation of the ‘great men’ view of history, explored in some detail by the great 19th century historian and essayist Thomas Carlyle, could not be more different from the presentation of the so-called ‘Founding Fathers’ in Zinn’s account. In a chapter entitled ‘Tyranny is Tyranny’, in which he charts the beginnings of the American Revolution, Zinn interprets events in a framework which could easily be called Marxist (59). He sees the events leading to the War of Independence as a struggle between the working class and a landowning, wealthy class for control of political power in the nascent country. The initial skirmishes may have been the work of commoners, but, as Zinn sees it, ‘certain important people in the English colonies’ the seized control of the convulsions (59). By creating a

An Indroduction Of The Philippines Economics Essay

An Indroduction Of The Philippines Economics Essay The Philippines is an island nation located in the Malay Archipelago in Southeast Asia. It has 7107 islands. And has a total area of 300000 square kilometers. At the north side of Philippine the Taiwan is located. At the east side the Pacific Ocean, Indonesia and Malaysia at the south and South China Sea at the west. The capital city of Philippines is manila which is located in the island of Luzon at the northern part. The total population of Philippines is 98 million. The climate of Philippines is tropical. The culture of Philippines is influenced by Spanish and Chinese. Most of the people having also Spanish surnames. It has generally west European culture, people of Philippines are Christian. Islam is more popular in island of Mindanao. The Philippines has developing economy with agricultural and service sector base. The poverty line is 40% it means 40% of the population remain be poor. The large trading partners of the Philippines are the US and Japan. Philippines is a presidential unitary republic with the president at the apex, as the head of state, the head of government and the commander in chief of the armed forces. He is elected by popular vote, every 6 years. Government policies are design to promote industrial development. 1.1 ECONOMICAL ENVIRONMENT : Economic environment of business has reference for economic systems to operate the business. The business sectors also continue economic relations with govt, capital market, worldwide and households sector. It would affect the trends and formation of the economy. The outer factors that influence with the following points. Economic Conditions :- The economic circumstances are safe in the country. Per capita income, national income, allocation of income and assets, Economic resources, economic growth etc are also affected to prepared the business strategies. Economic growth and business cycle are easily defined the economic environment. System :- The economic system also impact on business endeavor. Economic system of a Philippines also considered socialist, capitalists, mixed or communist. Economic Policies :- The government also decided budgets, economic planning, economic industrial regulation, law of business. Industrial guidelines to control on price and wages, trade and transportation polices the size of national income, demand and supply of different merchandise. Economic Growth :- The economic growth impacts the strategies of business. It helps in rising the economic growth and expenses in consumption. It provides opportunities to the industries for the expansion. v. Currency Exchange :- Current exchanges have direct impact on the environment of business. The rupee was devalued in1991. The Indian products cheaper in the world market and boost exports of India. ECONOMIC CONDITION 2.1 GDP of Philippines : The GDP growth rate provides an aggregated measure of changes in value of goods and services produced by an economy. The GDP growth rate of Country from 1998 to 2012 is average 1.08%. The domestic economy accelerated in the second quarter of 2012 to 5.9% from 3.6%. The earlier year boosting the first semester growth to 6.1% from 4.2%.   The resilient Services sector remained the main driver of growth supported by the sustained growth of manufacturing and the return of construction. Philippines is a recently industrialized country in the Southeastern Asia. The most important industries of Philippines are food processing, textiles and garments, automobile parts and electronics. Philippines have also treasury of chromites, nickel, copper, coal and newly discovered oil. Philippines GDP Growth Rate This chart is all about the past data for Philippines growth rate. [Source: http://www.nscb.gov.ph/sna/2012/2nd2012/2012qpr2.asp] 2.2 Per Capital Growth in Philippines : In 2011, it was at 1.98% in Country and it was published by World Bank report in 2012. The Growth rate of GDP per capital depends on continuous local currency. The GDP Divided by Mid Year Population. The GDP of Purchasing Price is total of all resident products in economy (+) product taxes (-) any subsidies which is not included in value of the product. This is calculated without making deduction for depreciation of fictional assets. It includes a chronological chart, news and estimate for GDP. In Southeastern area of Philippines is newly industrialized country. Philippines Predicting food processing Textiles and Garment, Electronic and automobile parts and also significant reserve of Chromate, Nickel, Copper, Coal and Recently Discovered Oil. [Source: http://www.kedingeconomics.com/philippines/GDP.Per.Capitagrowth.Annual.Percentwb.data.html] 2.3 PPP Philippines : Philippine has long familiarity with public-private partnership, initiatives and serves as future investment with aggressive PPP promotion. The Government is to attract private partners to invest only in traditional infrastructure Projects like Power, Transportation and Water Sectors and in Non-Traditional Infrastructure similar to information and communications technology, health and property development. The Partnership addressed in 1990s and it help out to improve road network quality, transport linkages and social Services. [Source: http://www.ppp/gove.ph/] 2.4 International Reserve : Countys beginning gross global reserve is significantly increased up to US $79.3 Billion in July.BSP Governor Amando Letangco said that foreign reserve were US $3.2 Billion higher than GIR of US $76.1 Billion, The Level of GIR Increased in end of July, Due to Foreign exchange operations. The funds of the Country are deposited in foreign currency. The Philippines acquire income from investment in a foreign country of the BSP and gain revolution on BSP gold holdings arising from increase in price of Gold in global Market. The Import of goods and payment of services and income adequately cover in 11.7 months and also corresponding 10.7 times. Philippines short term outer debt based on original maturity. [Source: http://www.sunstar.com.ph/breadkingnews/201208/] ECONOMY OF PHILIPPINES Population : 95.9 Million GDP (PPP) : $351.4Billion : 6.1% growth in 2012 : 5.5% 5-year compound annual growth : $4,700 per capita Unemployment : 7.3% Inflation (CPI) : 3.60% FDI Inflow : $1.7 billion for 1st Half Quarter 1 Peso : 1.3134 Rupee and 0.0243 Dollar The Philippines ranks 19thout of 41countries in the Asia Pacific region. And 44th the biggest economy on the earth. According to HSBC estimates. The stock market is one of the best performers in the region. The peso reached a 4 year high against the dollar about the same time. Economy has been on a solid path of economic expansion. The govt. has pursued a series of governmental reforms to increase the industrial environment and build up private sector for reduce unemployment. But regulatory efficiency has been not improved. And over last 5 year the economy has been develop at average annual rate of 5%. Rule of Law : The rule of law is not on level and authorized structure is poor in independence and efficiency. The judiciary is independent but there is political interference. There is some progress due to government anti corruption efforts to eliminate corruption and fix efficiently. Limited Government : Government spending Spurs on 6.4% growth in 1st Quarter. Taxable Income Tax Rate More than But less than 0 P10,000 5% P10,000 P30,000 P500 + 10% of the Excess over P10,000 P30,000 P70,000 P2,500 + 15% of the Excess over P30,000 P70,000 P140,000 P8,500 + 20% of the Excess over P70,000 P140,000 P250,000 P22,500 + 25% of the Excess over P140,000 P250,000 P500,000 P50,000 + 30% of the Excess over P250,000 P500,000 P125,000 + 32% of the Excess over P500,000 in 2000 and onward Corporate tax rate is 30% and Regional are taxed at 10% on taxable income. The VAT an environmental tax with overall tax is 12.8% of total domestic income. If any taxpayer fail to pay VAT component in the sales invoice or official receipts shall be penalized as : Fine of not less then P1,000 but not more than P50,000 and Suffer custody of not less than 2 but not more than 10 years. Regulatory Efficiency : The business regulatory environment has improved considerably. Although launching a business still takes more than the world averages of seven procedures and 30 days, the overall process has become less costly. The time and cost involved in dealing with licensing requirements have been notably reduced. The labor market remains structurally rigid, but existing regulations are not particularly burdensome. Inflation is modest. Open Market : The trade weighted average tariff rate is 4.8 percent, and layers of non-tariff barriers further inhibit more dynamic gains in trade. Despite a strong desire to attract longer-term foreign investment, systemic inefficiency exacerbated by heavy bureaucracy discourages dynamic growth in investment. The financial sector, which is gradually modernizing, remains relatively stable and sound. [http://www.heritage.org/index/pdf/2012/countries/philippines.pdf] ECONOMIC POLICIES 4.1 Monetary Policy The international Monetary Fund will look into the countrys progress on the monetary and fiscal policy and assess the 2 year old Aquino administration by short staff visit which is commence. The most accurate forecasters agree on that Monetary authorities are trying to control foreign investment in the Peso arguing that Asias best performing currency has strengthened too much. The economic momentum has built up from decreasing of monetary policy may boost the country is growth in2012 is 5.8% and up to 7 % is 2013. And the govt.s success in containing the budget deficit has been given monetary authorities considered liberty. In 2011 the govt. incurred a budget deficit of 197.8 billion which was less than two third of 2010. The size of economy in overspending in 2011 comprised only 2% less than 3.5% recorded in2010. The debt stock of 2011 settled at P4.95% trillion or 50.9% of gross domestic. [http://business inquirer-net/49369/bsp-monetary-policy-expected-to-push-up-ph-economy] 4.2 Fiscal Policy : The Philippines long term foreign currency credit rating raised from BB to BB+. It kept rating outlook at stable. According to Presidential spokesman Ricky Carandang the Philippines can still afford to undertake public spending without put in to danger its overall financial position. And the govt. doesnt want a strong peso to delay competitiveness of exports. The Philippines economy grew by 6.4% in 1st quarter, it is one of the highest in Asia and upgrade is a vote of confidence for the country. According to finance secretary Cesar V Purisima, that this gives more confidence to continue with the work towards macroeconomic stability, fiscal sustainability and inclusive economic growth. [http://www.philstar.com/Artical.aspx?article Id=824407 publication Sub Category Id=] 4.3 Deficit Policy : The Financial Secretary Cesar Purisima said that the govt. spent P19.90 billion and the deficit was manageable, expressing, confidence the full year fund shortfall would staying within 2.6% of GDP or P279 billion. The govt. continued rise in revenue collections so that the fiscal position remains under control. So this wide fiscal space will gives the advantage to finance infrastructure projects and social programs that curb poverty and promote equality. Jan-May deficit P22.79 billion. The govt.s self imposed 1st half ceiling of P109.34 billion and it spent P668.43 billion in 1st five month of year up 13.1% compared to last year. And revenues reached P645.64 billion. For May revenue grew 9.4% to 131.4 billion while spending reached P151.3 billion. Purisima said that the govt. is committed to reach its 5.6% growth in 2012 and recorded 6.4% expansion in 1st three month. The Philippines suffered a P 197.8 billion budget deficit last year which is equivalent to 2% of GDP. [http://business-inquirer-net /67459/Philippine-budget-deficit-shoots-up] 4.4 Foreign Trade Policy : According to the Global Enabling Trade Report 2012, the rank of Philippines is 72nd out of 132 countries. It measured the factors, policies, services, areas of market access, border administration transport and communication infrastructure and business environment. In the area of market access the Philippines jumped 14 from 64 and in terms of efficiency of import-export procedure it looks 48 spot from 55. And access to imported inputs at competitive prices identifying potential market and buyers corruption at the border and other concerns it places 62 out of 132 countries. The trade chief attributed the countrys improvement in ranking to the debt of Trade and Industrys effort to facilitate trade across borders like the Doing business in Free Trade Areas an awareness campaign has aimed to help stakeholders into understand new markets and instruments like free trade agreement. It reforms to improve the ease of doing business in country through the Philippines. Business Registry (PBR) and Business permits and license streamlining (BPLS) programs for local govt. [http://businessinquirer-net/63369/Philippines-climbs-20-nitches-up-in-business-destination-ranking] 4.5 Balance of Payment : The inflow of foreign currency exceeded than the outflow in Feb and Philippines balance of payments hitting a surplus of $588 million. BOP is recorded of the countrys commercial transaction with the rest of world. It helps beef up the countrys total reserves of foreign exchange or gross international reserves (GIR).It stands at a record high of $78 billion. According to economist the unfavorable global economy that investors have tendency to pull out funds from emerging markets like Philippines. So it create depreciation pressures on local currencies. But with enough reserves of foreign exchange the Bangko Sentral ng philipines can buy pesos and reduce its depreciation and it will hit a surplus of at last $2.8 billion by end of 2011. Due to increase in employment in US an economist said that it would lead to increase in demand for imported goods from Philippines. [http://bus.inquirer.net/50127/bsp-balance-of-payment-stood-at-surplus-in-feb] GLOBAL INTERNATIONAL ECONOMICAL GOVERNMENT 5.1 Import : Philippines import were worth 5101 million USD in June of 2002 until 2012,Philippines averaged imports 4155.20 million USD reaching an all time high of 5848.00 million USD in July of 2008 and low record of 2226.00 million USD in January of2002. Philippines imports mostly considered electronic products, mineral fuel, industrial machinery and equipment, transport equipment, lubricants, steel and iron. Mostly import partners are Japan, china, Singapore, South Korea, United States. Here we include the chart with historical data for Philippines import. Philippines Imports [http://www.tradingeconomics.com/philippines/imports] Export : Philippines exports were worth 4314 million USD in June of 2012. From 2002 until 2012, average export of Philippines 3681.10 million USD reaching an all time high of 5325.00 million USD in September of 2010 and record low of 2506.00 million USD in February of 2009. Major exporter of electronic products like processors, chips, and hard drives (more than 50% of total exports revenue) and other major exports include apparel and clothing accessories, wood crafts, coconut oil and furniture. Philippines major export partners are United States, Singapore, Japan, Hong Kong, china. This page includes a chart with Philippines historical data of Philippines exports. Philippines Exports [http://www.tradingeconomics.com/philippines/exports] 5.2 Corporate Income Tax : The domestic and foreign resident corporations income tax rate in Philippines is 30%, based on net taxable income. Domestic company payable company tax on all income derived from sources outside and within the Philippines. Foreign corporations, whether resident or non-resident are taxable on income derived from sources within the Philippines. Non resident foreign corporations are ,in certain circumstances, subject to a final withholding tax on passive (investment) incomes at rates higher than the applicable tax rates applying to domestic and foreign resident corporations. Resident companies are created or organized under the law of Philippines or foreign companies licensed to engage in business or trade in the Philippines. The corporate income tax rate for domestic and foreign resident corporations is 30%, income tax excluded from are dividend received from domestic corporations, interest on Philippines currency bank deposits and other monetary benefit from deposits substitutes and trust funds and arrangements and final taxes, interest income derived from the foreign currency deposits is include final tax of 7.5% ,other interest earned by domestic and foreign resident corporations is included 20% final withholding tax. Special economic tones enterprises registered with economic tone authority are taxed at the rate of 5% on gross income in lieu of national and local taxes and real property tax. Gross sales or gross revenue derived from the business activity within the Ecozens, sales returns, net of sales discount and allowances less the cost of sales or direct costs but before deduction made for expenses of administrative and losses during the taxable period. [http://www.quezoncity.gov.ph/index.php?option=com_contentview=articleid=226Itemid=347] India 2005-36.59 2006-33.66 2007-33.99 2008-33.99 2009-33.99 2010-33.99 2011-32.44 2012-32.44 The corporate tax rate is 32.445% .Domestic companies tax rate is 30%, profits from life insurance business in India are taxed at the rat of 12.5%.foreign companies are taxed at the rate of 40%. A minimum alternate tax (MAT) is levied at 18.5% of adjusted profit of companies. The tax payable is less than 18.5% of book profits. Dividend distributed from domestic company. Surcharge and education cess is above taxes is applicable.5% surcharge in case of foreign companies is applicable. The total income is in excess of INR 10 million. Education cess of 3% is applicable on income tax plus surcharge wealth tax is imposed at a rate of 1% on the value of specified assets held by the tax payer in excess of basic exemption of INR13million.transaction tax of securities transactions in equity shares and units of equity oriented funds. [http://www.kpmg.com/global/en/whatwedo/tax/tax-tools-and-resources/pages/corporate-tax-rates-table.aspx] HOW ECONOMIC ENVIRONMENT OF PHILIPPINE AFFECTS INTERNATIONAL BUSINESS? The Philippines has certainly had a steady flow of positive economic news recently. On July 4, Standard Poors raised the countrys debt rating to just below investment grade, the highest rating for the country since 2003 and equivalent to that of Indonesia. The Philippines is the 44th-largest economy in the world today, according to HSBC estimates. But if current trends hold, it can leap to the No. 16 spot by 2050. The Philippine stock market, one of the best performers in the region, closed at a record high after the recent S. P. rating upgrade, and the countrys currency, the peso, reached a four-year high against the dollar at about the same time. With $70 billion in reserves and lower interest payments on its debt after recent credit rating upgrades, the Philippines pledged $1 billion to the International Monetary Fund to help shore up the struggling economies of Europe. The gross domestic product of the Philippines grew 6.4 percent in the first quarter, according to the countrys central bank, outperforming all other growth rates in the region except Chinas. Economists expect similarly strong growth in the second quarter. We have made a very bold forecast for the Philippines, but I think justifiably so, said Frederic Neumann, a senior economist at HSBC in Hong Kong. A high population growth rate, long considered a hindrance to prosperity, is now often seen as a driving force for economic growth. About 61 percent of the population in the Philippines is of working age, between 15 and 64. That figure is expected to continue increasing, which is not the case for many of its Asian neighbors, whose populations are aging. 6.1 Trade Economy : The GDP per capita growth (annual %) in Philippines was last reported at 1.98 in 2011, according to a World Bank report published in 2012. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchasers prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This page includes a historical data chart, news and forecats for GDP per capita growth (annual %) in Philippines. Philippines is a newly industrialized country in the Southeastern Asia. The nations most important industries are food processing, textiles and garments, electronics and automobile parts. Philippines also has significant reserves of chromite, nickel, copper, coal an d recently discovered oil. In addition, the Philippians economy relies on remittances as a source of foreign currency. philippines gdp per capita growth annual percent wb data 6.2 Domestic Price : The Philippine domestic economy shrunk to 3.7 percent in 2011, after a stellar growth of 7.6 percent in 2010. Growth was mainly undermined by the severe state under spending as well as the frail external environment. Outlook for 2012 is relatively sanguine with the government hinging its optimism on robust consumer demand and a more vigorous public spending. However, downside risks to growth persist with the global recovery poised to remain slow and uncertain. 2011 domestic economy tepid at 3.7%. The Philippine domestic economy grew by 3.7 percent in 2011, almost half of its 7.6 percent growth in 2010. The growth is within the latest forecasts of the National Economic and Development Authority (3.6-4.0 %) and the International Monetary Fund (3.7%). However, the growth figure is well below that assumed by the Development Budget Coordination Committee (4.5-5.5%), Asian Development Bank (4.7%), and the World Bank (4.2%); and is significantly off the growth target of the Philippine Development Plan (7.0%). Notable is the countrys poor economic performance relative to its neighbors. Except for Thailand, most Asian economies registered higher gross domestic product (GDP) growth rates than the Philippines in 2011. Gross national income (GNI)1 likewise slumped to 2.6 percent from 8.2 percent in 2010. This resulted from the significant contraction of net primary income (NPI),2 which slowed to a negative 0.9 percent, a turnaround from the 10.0 percent growth in 2010 6.3 Labor Force : Unemployment down to 7%. The countrys labor force numbered at 61.9 million in 2011. Of this number, 2.8 million were unemployed registering an unemployment rate of 7.0 percent. Moreover, the service sectors share of total employment increased from 51.8 percent in 2010 to 52.1 percent. Agriculture accounted for 33.0 percent of the employed while industrys share was 14.9 percent. Although the economy managed to generate more than one million jobs in 2011, the quality of employment is still a concern given the substantial increase in the underemployment rate as well as in the number of unpaid family workers. Latest data showed that the underemployed numbered at 7.2 million 6.4 Inflation : Headline inflation is within target. Headline inflation averaged 4.8 percent in 2011, well within the 3.0-5.0 percent inflation target for 2011 but higher than the 3.8 average recorded in 2010. A rise in the prices of food items had been recorded mainly due to the adverse effect of typhoons on agricultural food supplies. Core inflation,3 on the other hand, averaged 3.6 percent The government is particularly bullish on having higher investments in 2012 as investment pledges registered with the Philippine Economic Zone Authority surged by 47 percent in the first two months of the year. The PSEis breaching of the 5,000 mark for the first time in March 2012 is also said to bode well for the equities market. Likewise, private construction, particularly in the property subsector, is anticipated to remain robust given the upward momentum in office demand and investments in low-cost housing. Demand for commercial spaces will continue to be buoyed by the BPO sector, the revenues of which are slated to grow even further this year by 20 percent. The residential sector is also expected to receive continued support by the robust demand from families of overseas Filipinos. Consumer spending will similarly be sustained by the favorable inflation outlook and the continuous inflow. 6.5 Unemployment Rate : Unemployment means the number of people actively looking for a job divided by the labor force. Unemployment depends on the number of non-employed people who found the job and the people who lost their current job. Unemployment related to labour force, participation rate and employment rate. The unemployment rate of Philippines is 7.2 % which we can show that in the graph. 6.6 Private Sector Development : The stimulus package presented by Gloria Macapagal Arroyo is known as the economic resiliency plan. The package included personal income-tax relief for low- and middle-income earners, reduction in corporate income tax, higher social spending on cash transfers and job-creation schemes, as well as a series of infrastructure projects. Although the reforms were not entirely new, the package led the Philippines to being acknowledged as Asias more socially responsible stimulus plans thanks to its focus on agriculture and social services that directly benefit the poor population. The fall in agricultural commodity prices helped support personal disposable income. As a result personal household budgets were minimally effected. The social component in their reforms may be credited with the largest impact due to the focus on poverty. The Philippines must sustain the reform movement in order to spur investments, increase growth, generate higher employment, and alleviate poverty for the fast growing population. Their reforms have already generated 34 consecutive growth quarters, created 8 million jobs, and maintained the lowest inflation in a generation. Most importantly poverty has decreased while revenue increased and has allowed the nation to invest in human and physical infrastructure. With sustained reform and their economic resiliency the Philippines may soon be a prime investment opportunity in uncertain world economic and financial conditions.

Elbow or Shoulder Pain and Professional Baseball Pitchers :: essays papers

Elbow or Shoulder Pain and Professional Baseball Pitchers It’s fair to say that a good baseball game can lie in the hands of the pitcher. According to an article by the American Journal of Sports Medicine, 50 percent of professional baseball pitchers experience elbow or shoulder pain due to the way they throw the ball. Because not much research has been done on professional baseball athletes, the purpose of this publication was to find at what point in the pitcher’s technique does most of the damage occur. The study began by taking 40 pro-baseball pitchers, all ranging from the age of 23-33 years old with relatively the same height and weight. Also, thirty-two of the 40 selected are right-hand dominant. Then they placed 3 cameras in different parts of the field. These cameras would take still frames of the pitchers and their technique when throwing the ball. They found that at the point where there is maximum rotation (aka the cocking phase) the distraction force was low. Also, it was stated that because of the elbow angle at foot stride and ball release that the shoulder joint was affected more so than at any other time. Finally, in order to understand why the injuries occur we should learn the joint ranges of motion so we can develop better preventive methods for injuries. I don’t believe that this article is very reliable, because the way the chose their subject wasn’t very scientifical. First, The range of age is too broad, and it doesn’t mention how long the pitcher has been in the sport. For example, the could have chosen a 23 year old with a good arm, but bad technique compared to a 33 year old who has been pitching for years and has loosened the ligaments in his arm. Also, they selected 32 that were right-hand dominant. That became the majority. I believe that the data would be wrong if the numbers of right-handed to left-handed pitchers weren’t equal, because they are the control group in the experiment, which makes the variable the pitchers’ technique. Overall, this experiment shouldn’t be considered a reference for students or others to depend on. When it comes to the relevancy of this article to the field of athletic training, I believe that it is somewhat helpful. In order to understand and prevent injuries, an athletic trainer must understand why and how the injuries happen.

Bear Stearns Collapse Timeline Essay

This week five years ago, JP Morgan announced it would buy Wall Street rival Bear Stearns in a deal worth $2 a share – this ultimately rose to $10. Here, Financial News looks at the events in the run-up to the fall of the 85-year old independent investment bank. Financial News compiled the timeline from press releases, contemporary media reports and William D Cohan’s account of the collapse of the bank, ‘House of Cards’. May 21, 2007 After months of growing instability in the US sub-prime mortgage market, Bear Stearns chairman Alan ‘Ace’ Greenberg offers reassurances that the firm, heavily exposed to the market, is on top of things. â€Å"The sub-prime (issue) has been blown completely out of proportion,† he says, in comments reported by Dow Jones Newswires. Mid-June 2007 Serious problems become apparent at two Bear Sterns hedge funds with a high exposure to sub-prime mortgages. Investors in the High-Grade Structured Credit Strategies Enhanced Leverage Fund, which managed $600m, are informed that the fund has lost 23% of its value over the year to April, reports The Wall Street Journal. The fund begins a fire-sale to minimise exposures. After the failure of a mooted rescue plan involving support from lenders, a new rescue scheme is announced by Bear Stearns, which offers $3. 2bn for a bailout of a second fund – the High Grade Structured Credit Fund. The bank previously had only $45m invested in this fund’s equity, according to William D Cohan in House of Cards’. Bear Stearns later says it is providing $1. 6bn to the fund rather than the original $3. 2bn, citing the sale of assets. A decision is made not to rescue the High-Grade Structured Credit Strategies Enhanced Leverage Fund, according to Cohan. August 3, 2007 Standard & Poor’s downgrades the bank’s outlook to negative. The bank says that concerns over its situation are â€Å"unwarranted† as the hedge fund fallout represented â€Å"isolated incidents† and â€Å"by no means a broader indication† of the bank’s performance, according to The Wall Street Journal. August 5, 2007 Bear Stearns president and co-chief operating officer Warren Spector resigns from the bank. Alan Schwartz is confirmed as sole president. Days later, the Associated Press reports that the bank sends letters to clients reassuring them of its financial position. September 10, 2007 British billionaire Joseph Lewis expresses his confidence in the future of the bank by acquiring a 7% stake, becoming one of the largest shareholders. October 5, 2007 Federal prosecutors launch an investigation into the collapse of the Bear Stearns hedge funds. November/December 2007 Chief financial officer Sam Molinaro says that the bank has been â€Å"very conservative and aggressive† in its revaluations, according to Dow Jones Newswires. On December 10, MarketWatch reports that the bank has written down $1. 9bn related to mortgage exposure. January 8, 2008 Chief executive Jimmy Cayne steps down after widespread criticism of his hands-off response to the events of the previous year. He remains as chairman. He is replaced at the top by Alan Schwartz. In the same month, the bank announces the closure of a third fund, the Bear Stearns Asset Backed Securities Fund. Bloomberg reports that this fund has suffered a decline of 39% of its value over a year. February, 2008 Hedge fund Peloton Partners, run by Goldman alumnus Ron Beller, collapses following its exposure to asset-backed securities. March 2008 Carlyle Capital, a hedge fund based in Amsterdam, collapses as concerns over exposures to mortgages begin to multiply, causing a squeeze on lines of funding. By March 5, insurance premiums on Bear Stearns debt have risen from $50,000 per $10m of debt at the beginning of 2005 to $350,000 per $10m debt, according to William D Cohan. It soon reaches $700,000. Monday, March 10, 2008 The company’s stock falls 11% to its lowest level in five years following a Moody’s downgrade of portions of its mortgage bond holdings, writes Cohan. The bank denies rumours that it is in trouble. Investors look for ways to bet on further falls in the bank’s stock. Tuesday, March 11, 2008 ING Groep, the Dutch bank, cancels $500m of short-term funding for Bear Stearns, according to The Wall Street Journal, following an example set by Rabobank. According to a press release, the Federal Reserve announces an unprecedented lending facility in which collateral can be exchanged for funding, but the scheme cannot be accessed until March 27. In another important incident, cited by Cohen in ‘House of Cards’, Goldman Sachs refuses to stand in for Hayman Capital in a trade with Bear Stearns, suggesting hemorrhaging confidence among major financial players. Wednesday. March 12, 2008 Overnight markets for funding begin to dry up, while institutions continue to deny short-term lending to Bear Stearns. Hedge funds and other investors continue in their attempts to extract their money from Bear Stearns, which is rapidly approaching a funding crisis. Thursday, March 13, 2008. As customers continue to withdraw funds, the Securities and Exchange Commission and the New York Federal Reserve begin discussions on the crisis. In a meeting on Thursday night, reported by Cohen, it is discovered that outgoings at the firm can no longer be maintained, with the firm effectively running out of cash during the afternoon. Lawyers are summoned to discuss the options for bankruptcy, while a deal with JP Morgan Chase is sought. After late night negotiations, JP Morgan agrees in conjunction with the Federal Reserve Bank of New York that it will provide secured funding to Bear Sterns for an initial period of up to 28 days. Friday, March 14, 2008 The cobbled-together deal fails to assuage the markets. Investors continue to pull money from the bank over the course of the day. By the evening, it is clear that a solution will have to be devised over the weekend if the bank is to survive. Saturday, March 15- Sunday, March 16, 2008 JP Morgan says it cannot do a deal without support from the Federal Reserve, due to the large number of toxic securities on the books of Bear Stearns. In response, the Fed approves a loan of $30bn saying that it is necessary to avoid â€Å"serious disruptions in the financial markets†. JP Morgan offers just $2 per share for the bank, a large loss for those whose stock was worth $30 on Friday, $60 the week before and over $150 a year before. Bondholders will be rescued by the deal, which is accepted by the board of Bear Stearns on Sunday morning. Wrangles with JP Morgan over a contract situation – which potentially leaves the bank liable for funding Bear Stearns without claiming full ownership – result in brinkmanship from Bear Sterns. A final price of $10 per share is agreed, with a value of $1. 45bn attached to the equity. March 25 Bear Stearns chief executive Jimmy Cayne and his wife sell 5. 66 million shares in the bank for $61. 34m, which, according to Cohan, represented a $1bn loss on the bank’s stock. May 29 The final Bear Stearns shareholder meeting takes place, at which former CEO Cayne speaks of his sadness at the firm’s demise, according to The Wall Street Journal, citing guests present.

Should you still consider becoming a telephone operator

Should you still consider becoming a telephone operator It’s an iconic image from the middle of the 20th century: a telephone operator sitting at a crazily lit-up switchboard, wearing headphones and directing phone calls wherever they need to go. Technologically, we’ve moved on and digitized- average calls don’t need that kind of human help anymore. But what about those operators? Are there still jobs out there for efficient people with great phone skills? Short answer: yes. The job just looks much different than it used to. Today’s telephone operators are specialty agents, working directly in customer service to manage large volumes of phone calls, or in places like hotels or other hospitality facilities that may have their own internal phone systems. Instead of manually placing calls, today’s telephone operator is likely juggling multiple lines, performing triage on incoming calls in a call center or other multi-line phone operation. They’re also employed in emergency dispatch centers and other places where a human voice and expertise is needed to route calls quickly and efficiently to the right place.Where can you find phone operator jobs?Because the job landscape for phone operators is much different than it was just 30 years ago, you’ll need to use some creativity in your  job search. You might want to start by looking at particular industries instead of making general searches. Look for openings at telecommunications companies, as well as logistics companies, hotels, and other industries that still rely on phone bookings or reservations or that offer a lot of phone support (like call centers).Phone companies also still employ live people for directory assistance calls who handle things such as questions about public phone numbers and addresses and assist people with placing international calls. Phone operators are also still needed to help people place collect calls- sure, these are not quite as prevalent as they used to be with unlimited cell phone calling pl ans, but they’re still relevant enough to require phone operators to place them.How many phone operator jobs are out there?According to the Bureau of Labor Statistics, as of 2012 there were fewer than 14,000 people specifically designated as â€Å"phone operators,† but that number expands once you include the hospitality industry, emergency dispatchers, and other support jobs that rely almost entirely on communicating by phone.What skills do phone operators have?Phone operators are essentially customer service personnel, and need to have a certain set of skills:People skillsCommunication skillsCustomer service focusOrganizational skillsProblem solving skillsMost companies will provide on-the-job training for its operators, but there’s no special training or educational program specifically for phone operators.So should you consider becoming a phone operator?If you have the skills and a strong sense of nostalgia, then why not? We haven’t become an entirely digital society yet, and sometimes an authoritative and knowledgeable human voice is absolutely as necessary as it ever was.

Mansukh Securities and Finance Ltd. Essay Example

Mansukh Securities and Finance Ltd. Essay Example Mansukh Securities and Finance Ltd. Essay Mansukh Securities and Finance Ltd. Essay Company Profile.. We are Investment and Trading Solutions Provider. This has been our core business since more than two decades. Our group was founded in 1988 by Mr. J. U. Mansukhani an Ex. IES officer and U. N. O. advisor with decades of experience in capital markets. We are a Corporate Member of NSE ,BSE, NCDEX MCX and Depository Participant with NSDL and CDSL. Team Mansukh consists of qualified Professionals like M. B. As, C. As,Hardware and Software Engineers who tread the path of customer delight. Thus we are a Classic Mix of Youth and experience. We cater to the Investment and Trading needs of Retail Clients, HNIs, Corporates and Business Partners etc. You can choose your pick from the various Investment and Trading solutions customized to suit your needs. We have offices at more than 200 cities in India and a huge network of VSATs, Leased lines and modems. We use extended C-Band technology of HCL, arguably one of the best providers of VSAT Technology. We offer Equity Trading, Derivative Trading, Depositary services, Internet trading, PMS etc.. For more details about the company visit   www. moneysukh. com  . We are a Delhi based company and currently we are opening up with a new arbitrage setup at our ahmedabad branch. So the current profile is for ahmedabad branch. Profile:-  Doing System Arbitrage in two different markets applying  arbitrage strategies. (Profile would be related to hardcore finance) Designation:-  Derivative Analyst Package:   Ã‚  Ã‚   2 Lakh (CTC) per annum (Rs. 15,050/- per month in hand Rs. 19,400/- as performance bonus at the end of one year) There would be monthly incentive depending on the performance after the probation period of 6 months. This incentive part is not included in the current CTC. Selection Procedure:-  1- Online Test 2- Case Study 3- Interview Joining: Immediate Selected Candidates have to sign three years bond  since its a hardcore finance job requires lots of training. Current package would be for one year Annual appraisal will take place based on the performance of the employee. Interested candidates should send their CV at [emailprotected] com Corporate Office: Mansukh Securities Finance Limited Mansukh House, Opp. Mother Dairy, Pandav Nagar, Delhi-92 Ph. No-011-30211888/887Mob:-9312459293 Ahmedabad Office: Part A B, 7th Floor, Trade Centre Stadium Circle, Navrangpura, Ahmedabad – 380009. Regards, Shirish Shah System Trading Head – Ahmedabad Mob: 09958419110

Evolution of Performance Management Part II Assignment

Evolution of Performance Management Part II - Assignment Example Eventually, even though we could achieve our goals to some extent, the collective goal of the organization was never achieved. Your post has therefore given me a lot of insight on the best way to avoid such a situation in the future by ensuring that performance management is integrated into the larger management of the organization. I agree with you perfectly that an organization will struggle to obtain long-term success without the existence of a well-defined performance management program (Chamberlain, 2011). One probing question I would like to put forward is that in the absence of performance management program, how can the organization know whether it output from its workforce is in accordance with projected goals for the organization? Certainly there will be shortfalls in knowing how well the organization has achieved success if there are no performance management programs. But to add an insight to your take on the issue, I would suggest that when the organization is implementing performance management programs, it should not do it in an isolated manner. Rather, it will be important to integrate it into the collective program of the organization. By so doing, it will be possible to ensure that the outcome of the program is a true measure of what the organization proposes to

The Use of Military Special Forces in CIA Paramilitary Operations Research Paper

The Use of Military Special Forces in CIA Paramilitary Operations - Research Paper Example Some of these military activities are in public knowledge while others remain classified. There is speculation that covert paramilitary operations will end up being the responsibility of unacknowledged distinct operation units within the USSOCOM. One of the fundamental concerns by the American people is the dichotomy of operations by the central intelligence agency and the military. This is fueled by the fact that military personnel can get involved in central intelligence agency operations1. At the same time, the central intelligence personnel can serve in the military. There is similarity in training and military operations means that it is never clear whether the central intelligence agency activities are alienated from the military activities. The nature of secrecy in the CIA operations means the Special Forces in the United States of America military can hold joint operations with CIA. The role of Special Forces in paramilitary activities is unknown to the public. Therefore, it becomes hard to tell whether a given activity is being conducted by the central intelligence agency or the particular forces of United States. For instance, paramilitary operations in Yemen require presidential authorization. Besides, the intelli gence committees have to be notified. There is a growing concern on whether the same requirement applies to secret military operations. In case of a joint operation of the central intelligence agency operations paramilitary officers and Special Forces, it is not clear on whose authorizes. There is a need to known to what extent Special Forces can get involved in paramilitary activities and operations. There is a perception that the personnel involved in United States covert operations are contractors. This poses a significant threat to the security of United States due to access of classified information2. According to Brennan, the