Political and Economic Environment * What type of risks do foreign firms face in trying to conduct business in this type of environment? Lack of transparency, corporate governance, Poor regulatory environment, Widespread corruption, Organized crime, money laundering, counterfeiting, trafficking (humans, drugs, arms), Conflicts of interest, Fraud, Theft of proprietary information, Industrial disputes. b. Why is corruption so prevalent in Indonesia? P.65 Because political and economic factor listed above; In addition, government bureaucrats salaries are very low, inevitably demand bribes from any company that cross their path meaning a long line of officials might require bribes.
As a result, the deeper biases reflected in sensationalism often leave citizens confused about issues which forces them to deconstruct this alternately managed and frenzied news in order to make sound judgements about their society and government. Without question, money necessitates an effective campaign and election, and a lot of it. The amount of money that can be raised and spent dominates and facilitates campaigns and elections. Affirmative advantages of possessing an abundance of money can enable an otherwise unknown candidate heard and seen. Money buys name recognition and organizational support, hence the reason that so much money is spent by candidates and their parties on media related campaigning.
Credit crunch and recession are great examples of external factors influencing the business. If the people are suffering from recession, they will not have money to spend money and this is how it affects the businesses. The current instability in Iraq is a good example of what may happen to businesses. In business it’s very important to understand, monitor and adapt to the political environment, because it crucially affects every business. Some of the very important factors are: Government stability effects businesses in a great range by competing with businesses to lower their costs, transparency is another important factor where anything the business does is revealed to the government and the government know exactly what they are up to.
The word “media” can be described many different ways, in both a positive and negative light. The influence of the media and definition of the term depends on the time to which you are referring too. Our course notes describe the media as, “a term applied to public and private organizations that convey information mostly for profit but sometimes for the public good.” Several things in that statement make me raise an eyebrow. A key fact here is that the media is owned and is out to turn a profit. As we all know, any time money is involved, it can lead to greed and corruption.
The populist movement was a period in history where America was plagued with a lot of corruption and economic issues. The gold standard was causing deflation, the farmers were trying to gain political power, many businesses were being monopolized, and so much more. The gold standard was one of the biggest debate points of the election of 1896. William Jennings Bryan, the Democratic candidate, was a large supporter of free silver. Free silver, if put into the economy, would most likely cause inflation and help the farmers.
In the Great Gatsby, Fitzgerald expresses his concerns about the American Dream through Jay Gatsby. Much of his power comes from his money, which ties him to other sources of power in society, such as Meyer Wolfshiem, a mob boss from which Gatsby gains a lot of his influence. Fitzgerald addresses his views of the corrupt society through “I understand you’re looking for a business connection”. Wolfshiem’s secluded tone during this quote to Nick alludes to the fact that his business may be illegal, but overlooked in a society with differing morals. The film 21 also shows the influence of power and corruption on the American Dream.
II. Support for Campaign Finance Reform Advocates of the Campaign Finance Reform build their argument on the fact that election process requires significant funds. They appeal that such expenditures are unreasonable and, moreover, imply corruption and/or rise disparity of candidates resulting from availability of funds for them. As Kobrak (2002) notes, “The historically unprecedented amounts in congressional and
Critical context also comes from history professor Dana Frank on her Huffington Post blog. She describes some of the deep corruption among Honduran politicians, police, prosecutors, and judges, which even the U.S. State Department. acknowledges: Among the most serious human rights problems were corruption, intimidation, and institutional weakness of the justice system leading to widespread impunity; unlawful and arbitrary killings by security forces, organized criminal elements, and others; and harsh and at times life-threatening prison conditions. In response to his country’s police corruption, Honduran president Juan Orlando Hernández has increased the country’s militarization, as Frank reports: Not only does the regular military now patrol residential neighborhoods, airports, and prisons, but Hernández's new 5,000-strong military police force is fanning out across the country. On May 13, the new military police surrounded, tear gassed, brutally beat up, and forcibly ejected from the main hall of congress all 36 congress members of the center-left opposition party
Investigative journalism can be a pain staking, time consuming, and expensive process. Because of the expense and resources necessary to conduct an in-depth investigation, many smaller newspapers or local television stations are reluctant or unable to undertake them (Friedrichs, 2007). Bigger TV networks or newspapers with strong financial backing and high subscribership or viewers are now the most likely people to break these stories of white collar criminals, particularly when they involve elected
So organized crime groups play a huge role in insurance fraud. That money could go to something else, that is useful. Another type of is payment card fraud. Most criminal groups involved in payment card fraud are involved in lower aspects of the market like using counterfeit cards to purchase goods. “ In 2006 according to the Canadian Bankers Association, credit card fraud