Friday, October 18, 2019

Youth Justice System in England and Wales in Comparison with another Essay

Youth Justice System in England and Wales in Comparison with another Country - Essay Example The three stages of juvenile justice system include pre-trial, trial, and post-trial. The pre-trial stage includes those activities that occur in between the time when a crime gets reported and the young criminal is taken for trial in the court. The trial is the stage when the proceedings occur within a court in order to judge the treatments for the young offender depending on his crime. Once the treatment/judgment against him/her is declared the treatment of the offender is represented by the post-trial stage. In the whole process, professionals including police, prosecutor, as well as judges have a significant role to play since it is their powers that together decide and implement the treatment of the young offender (Swain, 2009, p.230). Earlier it was thought that justice systems do not have much impact on the behavior of the offenders and that such individuals cannot be corrected. However, in England and Wales, the youth justice system was more strictly taken concern of after th e incident of a murder of a young child by another two 10 years’ old boys. This incident had shaken the world and since then the justice systems in these countries had become more strict and severe to take measures against youth crimes. Establishment of Youth Justice Board was considered intending to set up proper leaders and teams as well as standards to focus on the youth crimes occurring in these countries and thereby implementing measures to treat such offenders correcting them and bringing them back into the society (Graham & Moore, 2006, pp.65-66). The present study focuses on the youth justice system prevailing in England and Wales and comparing the system with that of another country that has been considered to be Netherlands for the particular study and discussing the extent to which each of these countries takes into account the welfare and rights of the child. The Youth Justice Board: The Youth Justice Board (YJB) in England and Wales represents a public body that is in charge of the justice system in England and Wales. The Secretary of State for Justice appoints the members of the body. The purpose of this board is to prevent criminal activities by young individuals thus making sure that the offenders are safely and securely taken care of while their trials proceed. The reasons for the youth being involved in crimes are tried to be analyzed by this board such that they can be prevented from repeating the activities in the future (About the Youth Justice Board, 2012). A survey conducted by the British Crime Survey (BCS) reveals that according to the perceptions of the society or the community, young offenders need to be rehabilitated in order to correct them of their crimes that they have committed. Around 45 percent of the respondents of the study by BCS had supported the rehabilitation program and believed that the Youth Justice System should have their focus on such programs. However other respondents had their belief that the young delinq uents were treated very leniently by the justice system (Youth Justice Statistics 2010/11, 2012). To understand these issues, the justice system, the records of criminal activities, and the respective treatments in England and Wales would be relevant for understanding through a detailed study that follows in the further sections of the report. Youth Justice System in England and Wales: The Youth Justice Board (YJB) is in charge of the youth justice system in England and Wales. The board has the responsibility of managing the young offenders as well as determining ways through which such offenders may be prevented from performing crimes in future. Of a total ?800 million that is considered as the cost of

Thursday, October 17, 2019

Impact of Taxes and Human Capital on Private Client Portfolio Essay

Impact of Taxes and Human Capital on Private Client Portfolio Management - Essay Example Private clients in portfolio management tend to base their decisions on the overall tax burden, which creates a disincentive to engage in activities taxed at a higher rate (Parkin 56). Tax based income policies are policies that control inflation like the rate of increases in wages and the associated increase in prices through tax penalties and incentives. One of the main objectives of portfolio is to earn returns on the individual’s investment. Others include accumulation and preservation of capital. Tax policies and systems are potentially essential factors that determine private portfolio management because they too determine individual’s portfolio choices. These choices include the decision on whether to hold stocks, how much should be invested, and the period of time to be spent on speculation before the clients sell their securities. Moreover, different states offer different tax levels for the various available portfolio assets as well as incentives to encourage investment. Moreover, the tax policies and systems have significant effects on the number of private clients who will exploit the available investment opportunities. In addition, most of the countries embrace a tax system that treats all investors equally and offer private client’s incentives to stimulate their investments. Therefore, taxation has a significant effect on portfolio structure. There is clear evidence from research on how portfolios are greatly affected by tax rules. Similarly, evidence shows that human capital and other related tax policies and systems that the tendency of people to invest in portfolios depends on the investor’s perception on the tax-induced rewards, which are gained from investments. Whenever taxes increase in an economy, private clients become reluctant in investing because it becomes very hard to carry out any trade in a given location and therefore private investors tend to move to better places. Likewise, private clients have a tend ency of fearing direct investment in portfolios when substantial taxes are imposed by the government in order to reduce their expenses. Moreover, investors are quite sensitive to any increase or decrease in the marginal tax rates since this determines whether they will invest in portfolios or not. Introduction of transaction taxes by a government on trades and available investment opportunities has the ability to change the location of investors. Another implication of human capital on private client’s portfolio is that adjustments in the supply of capital to these households are costly especially due to the opportunity costs forgone. Therefore, a private client is more willing to invest in portfolios when there his or her human capital has a high rate of return or when there is maximum productivity on the invested capital. Therefore, availability and existence of human capital increases the rate of investment into portfolios as opposed to incidences when the households lack human capital. Recently, human capital has been highly debated and discussed by scholars due to its significance in portfolio choice. Furthermore, introduction of methods of control by the government also affects private clients indirectly since an increase in the tax rate on investments results into a decrease in the potential private investors. In fact, a significant reduction on taxes or

Essay on strategy Example | Topics and Well Written Essays - 1250 words

On strategy - Essay Example es have been developed and researches have been conducted to explore the socioeconomic phenomena on the concrete foundations of in-depth observation and existing realities. The global corporate culture has been adopting and following the Five Factors Model presented by famous theorist and strategic analyst Michael E. Porter in 1980. The theorist submits to state that since the contemporary era experiences the state of perfect competition in the wake of tremendous technological advancement, five-factor model is vehemently supportive in developing their strategic schemes and revising them according to the fast changing market situation. â€Å"The strategic business manager seeking to develop an edge over rival firms can use this model to better understand the industry context in which the firm operates.† (learnmarketing.net) Porter has described the following five factors as the part of his strategic model: Porter views these five factors to be regulating the future of a product as well as the organisation producing the product. Porter declares competitive rivalry between the firms as the most dynamic factor, which explains that the easier the entry in a business or industry, the higher the level of competition in that business area. Since such products are similar to one another in respect of characteristics, formulae and even outlook, the probabilities of their availability are also almost one and the same. Consequently, it is also flexible for the customers and consumers to switch from one product to its rival brand. For example, KFC is offering almost the same fast food items as being produced by McDonalds; the same is the case with Coca-Cola, RC Cola and Pepsi, where only few people are brand conscious and take these drinks as the substitute of one another. Thus, consumers take advantage of such a state of affairs, and the companies have to devise innovative plans and strategies i n order to combat with the situation of perfect competition. Porter also views

Wednesday, October 16, 2019

Impact of Taxes and Human Capital on Private Client Portfolio Essay

Impact of Taxes and Human Capital on Private Client Portfolio Management - Essay Example Private clients in portfolio management tend to base their decisions on the overall tax burden, which creates a disincentive to engage in activities taxed at a higher rate (Parkin 56). Tax based income policies are policies that control inflation like the rate of increases in wages and the associated increase in prices through tax penalties and incentives. One of the main objectives of portfolio is to earn returns on the individual’s investment. Others include accumulation and preservation of capital. Tax policies and systems are potentially essential factors that determine private portfolio management because they too determine individual’s portfolio choices. These choices include the decision on whether to hold stocks, how much should be invested, and the period of time to be spent on speculation before the clients sell their securities. Moreover, different states offer different tax levels for the various available portfolio assets as well as incentives to encourage investment. Moreover, the tax policies and systems have significant effects on the number of private clients who will exploit the available investment opportunities. In addition, most of the countries embrace a tax system that treats all investors equally and offer private client’s incentives to stimulate their investments. Therefore, taxation has a significant effect on portfolio structure. There is clear evidence from research on how portfolios are greatly affected by tax rules. Similarly, evidence shows that human capital and other related tax policies and systems that the tendency of people to invest in portfolios depends on the investor’s perception on the tax-induced rewards, which are gained from investments. Whenever taxes increase in an economy, private clients become reluctant in investing because it becomes very hard to carry out any trade in a given location and therefore private investors tend to move to better places. Likewise, private clients have a tend ency of fearing direct investment in portfolios when substantial taxes are imposed by the government in order to reduce their expenses. Moreover, investors are quite sensitive to any increase or decrease in the marginal tax rates since this determines whether they will invest in portfolios or not. Introduction of transaction taxes by a government on trades and available investment opportunities has the ability to change the location of investors. Another implication of human capital on private client’s portfolio is that adjustments in the supply of capital to these households are costly especially due to the opportunity costs forgone. Therefore, a private client is more willing to invest in portfolios when there his or her human capital has a high rate of return or when there is maximum productivity on the invested capital. Therefore, availability and existence of human capital increases the rate of investment into portfolios as opposed to incidences when the households lack human capital. Recently, human capital has been highly debated and discussed by scholars due to its significance in portfolio choice. Furthermore, introduction of methods of control by the government also affects private clients indirectly since an increase in the tax rate on investments results into a decrease in the potential private investors. In fact, a significant reduction on taxes or

Tuesday, October 15, 2019

Analyzing woterstoff reflection Essay Example | Topics and Well Written Essays - 1000 words

Analyzing woterstoff reflection - Essay Example This stage is evidenced in Woterstorff’s â€Å"Lament for a Son†. Wolterstorff (1987) cannot believe that his son is dead. He chooses not to believe the caller at first. He walks to Eric’s favorite places in the hope of finding him there with his friends. The second reaction is anger. Individuals start asking themselves questions after realizing the death is real. The questions often seek to find failure that caused the death. In â€Å"Lament for a Son,† Wolterstorff is angry at his son for going to climb the mountains alone. He is angry that his son did not take his friends with him. A friend could have saved his life. Lack of answers to such questions leads to the bargaining stage. In bargaining, the grieving persons have come to terms with the reality of death. They seek the intervention of a higher power and seek to explain the death through spiritual and religious perspectives. Wolterstorff believes that his son died doing what he liked and was drawing near to God as he climbed high up the mountains. The believe gives him solace. However, depression is inevitable in grief. Depression is a long term effect that affects the behavior, attitude and way of life of an individual. The bereaved person cannot simply let go of the deceased. Wolterstorff cannot forget his son just yet He goes to his son’s favorite places and keeps asking himself questions about his death. The psychological wound that he suffered due to his death is still raw. Acceptance is the last stage of grief. Individuals accept that death is the fate of human beings (Kübler-Ross & Kessler, 2007). Individuals also realize that death is inevitable and cannot be planned, or be prepared for. In this stage, people seek peace within the family and friends. A good example is that Wolterstorff finds solace in his family and find happiness by talking about their deceased son. As noted, Wolterstorff is heavily reliant on his family for comfort. He is a Christian and

Monday, October 14, 2019

British Poetry Essay Example for Free

British Poetry Essay The comparison and contrast of Wilfred Owens and Rupert Brookes approaches to the subject of war The Soldier by Rupert Brooke and Dulce et Decorum Est by Wilfred Owen were both written during world war one. War and death are the themes of both poems but they are written from different perspectives. The two poets take different approaches in portraying the effect that war has on the people involved. The Soldier by Rupert Brooke idealises and glorifies war while Dulce Et Decorum Est by Wilfred Owen highlights the horror and cruelty of war. Wilfred Owen gives the reader the impression that war is horrible and that dying for one’s country is not all the glory and honour that it seems, and that in reality, dying in a war, no matter for what cause, can be both painful and full of suffering, while Rupert Brooke, on the other hand, gives the reader the impression that dying in war for one’s country, is very honourable, and glorious. In ‘Soldier’, Brooke expresses his love for England and how he believes it is right to fight and die for his country. However, Brooke never knew what war was like, as he died in 1915. Therefore, his poem is very idealistic. This is expressed when he writes, â€Å"†¦ there is a corner of a foreign field that is forever England†. Here, he sees the English soldiers’ bodies as parts of England. If they die on foreign soil, that land will be forever part of England because their soul remains there along with their values and love for England. Brooke does not describe the horrible nature of death in war and only tells how the soldier honors England by dying while defending the nation. He evokes positive feelings toward the war and describes optimistically the soldiers’ thoughts once the war has finished by using words like â€Å"happy dreams† and â€Å"laughter† By contrast, Wilfred Owen uses irony to portray war not as a glorious duty but as a barbaric massacre. â€Å"Dulce et decorum est/ pro patri mori† which mean: â€Å"it is sweet and honorable to die for one‘s country†. He considers this a lie for most soldiers after they see and live the reality of the war as soldiers. War can not be called sweet but horrible. Owen opposes to the idea of fighting in a war. Wilfred Owen focuses on the tragedy of war and the conditions of the soldiers. For example, he depicts the soldiers as â€Å"Bent double, like old beggars under sacks†. Generally, one thinks of a soldier as a man full of strength, who looks brave with his uniform and marches confidently to war. In contrast, Owen tries to make the soldiers look like penniless men and gives a sense of their non-glorified reality. Their uniforms, their psychological and physical health are destroyed. That shows how the battle has severely damaged the spirits of the soldiers. As can be easily seen, Brooke’s poem supports fighting for one’s country and patriotism, whereas Owen’s poem questions the reasons for fighting a war.

Sunday, October 13, 2019

Priceline.com Essay -- Economics Case Study e-commerce, solution

Priceline.com Priceline.com is an Internet company that pioneered a unique type of e-commerce known as â€Å"demand collection system† that enables consumers to use the Internet to save money on a wide range of products and services while enabling sellers to generate incremental revenue. Using a simple and compelling consumer proposition of â€Å"name your price,† the consumer is in control of the product they wish to purchase. In the form of individual customer offers guaranteed by a credit card for a particular product or service at a price set by the customer and communicate that demand directly to the participating sellers or to their private databases. The company works by allowing the consumers to agree to hold their offers open for a specified period of time to enable priceline.com to fulfill their offers from inventory provided by participating sellers. Once fulfilled, offers generally cannot be canceled. By requiring consumers to be flexible with respect to brands, sellers and/or product features, the company enables sellers to generate incremental revenue without disrupting their existing distribution channels or retail pricing structures. The company is grounded on the assumption of â€Å"rational self-interest.† In other words, since individuals make rational decisions to achieve the greatest satisfaction or the maximum fulfillment of their goals, Priceline.com has now revolutionized the market industry. By their ‘name and lock your price† strategy, more and more consumers have been able to maximize their satisfaction on differentiated products. The consumers want to spend their incomes to get the greatest benefit from the goods and services they can afford. Priceline.com helps them to achieve their goals. Since the inception of this internet-based company, millions of consumers were able to afford more with less expenditure on their goods. In addition, rational behavior varies among every individual because individual preferences, circumstances, and available information differ. Priceline.com offers various or â€Å"differentiated goods and services† in a broad range of products to purch ase from. â€Å"E-Commerce Pioneer Priceline.com Sells 20,000 Leisure Airline Tickets In Six Weeks.† As ticket sales accelerated, priceline.com has become one of the nation’s top 10 most-visited commerce Web sites. In it’s first six weeks of operation, pricelin... ...e expected rate of return is far greater than the interest invested in producing advertisement. Moreover, they expect companies to support their business strategy so the other companies in return can generate greater revenue as well. Conclusively, Priceline.com has brought an exciting and provides other businesses with inspiration to follow their strategies. Many consumers have benefited from this Internet Company and as a result have saved money to spend on other wants. Now we have the option of choosing a price and giving countless vendors the chance to bid. For better or worse, this could transform the way we think of shopping, as well as the way in which we do it. Conceivably, it could alter the nature of balance and power between vendors and consumers. In addition, it restructures long-standing capitalistic business and sales traditions. This new business model appears to have the potential to give enormous new powers to people who want to buy things, since their price is being offered to many thousands, even millions, of possible sellers. The new business method venture is successful and it opens the doors for consumers who are tired of the fixed prices they have to pay.