Sunday, February 16, 2020

Business Law exam 2 Essay Example | Topics and Well Written Essays - 750 words

Business Law exam 2 - Essay Example This indicates that the female employee was not being pressurized through organizational apparatus to socialize with the male employee. There is some indication to the creation of a hostile environment by the female employee herself by socializing with a male employee in this fashion. The female employee’s adverse reaction to the male employee’s advances changed the situation altogether. She was denied fair compensation and pay raise for her work. There is little explanation for the sudden fall in her quality of work from the company’s end making coercion through official apparatus a strong possibility. The lack of response from the human resources department especially its lack of providing a sexual harassment mechanism to deal with the situation is also clear. This also serves to indicate that employer and his other agents were fully aware and complacent over the situation. The female employee had to seek psychiatric assistance in order to resolve her issues, w hich in turn indicate grievous damage to herself. Such conduct had both a â€Å"deleterious† as well as â€Å"severe and pervasive† effect on the female employee without doubt. Furthermore, the harassment occurred during employment which makes the employer vicariously liable. The move by the male employee to settle down the situation by offering greater rewards also casts doubt on the male employee’s motives. Given the circumstances of the case, it is clear that sexual harassment laws apply to the case. The employer’s attitude of ignoring complaints made by the female employee means that the tort of Constructive Damage has been set in motion. On another note, it is clear that although sexual undertones and overtones may have existed in the organization but these were latent only. In this fashion, such sexual tones cannot be considered as hostile environment. Furthermore, the female employee’s outstanding performance in the first six

Sunday, February 2, 2020

Public Policy Analysis Essay Example | Topics and Well Written Essays - 2500 words

Public Policy Analysis - Essay Example This is one of the legislative ways the government of the USA came up with to control the market. In light of this, the paper will venture into the history of the act to try and establish its necessity. It will then create a prescription that will indicate who failed in operation for this law to be enacted. The impact of the law on business and society will be discussed followed by a review of literature as per the course content. The viability of the law will be discussed based on its strengths and weaknesses. History of the Policy and Current Situation The US financial market had witnessed a large series of frauds in the corporate sector in 2002. Some of the highly publicised scandals included some large companies like Enron Corporation, Tyco and WorldCom. Due to these market malpractices, there were serious consequences that saw Enron collapse in 2001 after filing for bankruptcy on December 1. According to Healy and Palepu (2003), the company was a power in the US energy sector ha ving been formed in the year 1985. This large success led the management to into venture production of other energy related products; natural gas, pulp, paper and communications sectors. A critical analysis of the operations of the company according to economic consultants indicated that the rise to stardom of the company was not genuine. Many accounting practices that were unethical had taken place which killed the trust of the public in the US large sector market (PriceWaterhouseCoopers 34). Together with scandals at other companies like WorldCom and Tyco International, the public truly believed that there are several accounting practices yet to be discovered. Due to these happenings where the greedy executives wanted to benefit from their positions in companies, the Sarbanes-Oxley Act of 2002 of 2002 was formed. It is also called Public Company Accounting Reform and Investor Protection Act of 2002 and abbreviated as SOX act of 2002 (Healy and Palepu 15). The SOX bill was signed i nto law on July 30 2002 by the then president George Bush and had provisions creation of reforms in the accounting and corporate business world by use of a board which it mandated, the â€Å"Public Company Accounting Oversight Board." The current position of the act has been a creation of corporate responsibility and it has seen a drastic overhaul of the entire US financial operations where there is a high level responsibility in management. This is a step that has highly reduced bankruptcy among companies. Having not created such an act earlier on means that the government had failed to implement its duties as this act was created as a matter of contingency. Public Prescription and Implementation of the Act As an act that was created as a matter of contingency, the act took care of the matters that were happening at the time and remained to take care of future similar matters. It was an emergency measure that made sure that the confidence of the public in the large business sector was restored. The policy has eleven chapters and each seeks to create accountability to the management teams of the large