Black Market Activities And Corruption In Pakistan Politics Essay

Black Market Activities And Corruption In Pakistan Politics Essay The relationship of corruption and Governance is integrated from a long time back. In case of Pakistan, the root of the relationship runs back since the Independence Day. Corruption as an attribute in the system in the sub-continent, has affected the level of Governance to the extent of creating extremities of positive and negative. Governance which measures the effectiveness of institutions in a society has only been a theoretical concept in case of Pakistan. Several factors that lead to the level of corruption to reach where it is now are ignored conveniently and the direct effect is on the masses. A number of activities are performed below the radar in Pakistan and are reported to as the â€Å"black market activities†. They are referred so as because of their capability to deceive the purposeful boundaries of the system present, which holds them liable to the tax structure of the country. The case is not a new one for the world, let alone for Pakistan, and this is a common practice in the country. All these activities are concealed from the authorities with regard to the tax structure in Pakistan, and are thus reported as the under-ground economy in macro terms. This is a consequence of a complex tax system, frequent cash transactions in terms of construction, smuggling etc. and that of a negative public perception. Pakistan has experienced a relatively below par appreciation when it comes to the structure of the taxing system present, and the flexibility in it. Unemployment and recessionary trend also contribute towards a most common phenomenon as part of black activities known as â€Å"tax evasion†. This concept has given birth to corruption on a wide scale. Tax evasion is when one skips the underlying rules of the system and is not officially recorded in the tax net. Some sectors of the economy in Pakistan have been exempted from taxes right from the independence till date, and hence they are also recorded as the underground economy. The ot hers, who happen to be the industrialists in some cases, have taken refuge under the same exemption by reporting their income either as under the exempted sectors or by understatement altogether. This has given rise to corruption not only by these means, but also by persistently supporting and influencing the policy making process so that loop holes remain to be exploited. The theoretical side of this aspect has confirmed that the persistent non-compliance towards tax laws have allowed a major portion of the economy to remain below the radar so that they can skip the measurement as per the economy’s activities. The graph relates to the overall black economy as a percentage of GDP and then tax evasion as part of the GDP Source: Pakistan Institute of Development Economics, Islamabad (PIDE Research series) The increasing trend in the black market activities from as early as year 1974 till the start of the 21st century is in line with the theory and also points out towards the fa ct that in Pakistan, the complex and flawed policies to account for a major chunk of the economy have decreased on standards year by year. The tax evasion figures also shed light upon the loop holes of the tax policy

Having our say and black men and public space (racism) Essay

Having our say and black men and public space (racism) - Essay Example The African American life is detailed in these stories. The story has a purpose of promoting harmony, courage and equality among American people. The stories talks about the mean ways of human and how they think color of skin decides the quality of a human. The writers alerts us that racism is an obstacle which is not easy to overcome and one need lot of determination and willpower to succeed in life in such a situation. Both the stories tell us that black people are treated in public place with despise and hatred. These narrations make us realize the hard life of black people in America who had to face racism throughout their life. They feel stolen of their identity, rights and freedom. They had to face racist attack at school, restaurants, public transport and work. This kind of alienation put forward a kind of resentment, revenge and frustration among black population. The black sisters in the novel â€Å"Having our say† talk how they handled the racism. One of the sisters responds strongly while the other one was submissive. This reality as many do not respond to criticism while some may be expressive. Staple understands that such racist view can hurt one immensely but keeps silence as he think it is a better way to face the situation. The racism is unfortunate for a country like America where people are educated and civilized. These readings show that education necessarily does not mean being civilized. The reading â€Å"Black men in public space† indicate that black people are often taken as criminals. Black men are often mistaken for being a rapist, mugger or burglar. People lock their doors or stay away when they see black men at public places. It is as if the black people represent crime and white people are perceived as moral and decent. The author of this tells that he has been mistaken for being a criminal many times which shows the ignorance and racist attitudes of white race. The author claims that white people have a misconception

Sales Performance Case Study Example | Topics and Well Written Essays - 1000 words

Sales Performance - Case Study Example Keeping the quality maintained it was necessary to take a step which leads to make the standardize space in market for the brand and though I lowered the retail selling price of this product to 5.25. It isn't a big loss but a nice way to attract consumers to use this product. It wasn't a bad decision, as per my decision to lower down the price for attracting more customers becomes true to the fact that sale price raised from 102.1 to 119.7, net income raised from 67.2 to 99.6 and stock price move up from 38.35 to 51.89. It was a nice and successful decision as at the end of year the brand was known among customers and made its fix place in the market. But, as nobody is perfect, I missed the advantage of consumers i.e., I forgot to fix the budget in a manner that consumers may get good allowance as well. It was the time to satisfy the consumers as well before they stop requesting for the brand. As alternatives for every product is available in the market and the vital source to keep the brand name in market is to keep the consumers in hand. Though, I made the decision to satisfy consumers this year sustaining the brand name. However, things were not stabling but still the brand name was flourishing in the market with upraise of 2.9%. But unfortunately, from market efficiency to consumer satisfaction everything was lowering. I was still satisfied that my aim to make place in the market till new product introduces was on its advancing stage. But yet to manage the budget and keep other resources satisfied. There I noticed that in deed of gaining name I lost the direct sales force from 94 to 75. Part 3: The summary of year 3 performance; To stabilize sales force before the product launch, a strong step has to be taken in order the brand name enhancement strategy don't get disturbed. For this, numbers of sales people were hired, and different branches with the company name are opened. This step enhances the direct sales force from 75 to 114. A good margin was increased to sale of the product in many new locations publicizing the brand name. Opening of 5 drug stores, 22 chain drug stores, and introducing the brand product Allround in grocery and convenience stores involves a large amount of money. I had overlooked the expenditure on hiring and showing off brand name all over which made me loss of 4.7 Million. Moreover, for the good sale I might have given too much discount which made a big affect on stock price which lowers 7.29% and net income that lowers at the difference of 18.4%. I would have a nice budget plan. Part 4: The summary of year 4 performance; Loss of 4.7 million was not less, still when a new product has to be launched this year. Despite the fact that, loss is there, I decided to launch the new product Allround+ with minimum price, to all stores and sacrifice with the budget loss. Moreover, I planned to lessen the sales force a bit. This was the start of new product and though launched at minimal rate 4.85. It attracts the customers and due to the same discounts from the company consumption went fine this year. Net Income and stock price

The Sundale Club Essay Example | Topics and Well Written Essays - 500 words

The Sundale Club - Essay Example 1. Appoint a successor for Watis, who will be in a more willing position to intervene. Obviously, Watis does not want to intervene or solve conflicts anymore. A successor at this point will give the organization direction. 6. Structural: Tasks-Employees pay more attention to cutting costs rather than enhancing customer service. Information flow-Information flows two ways. Both employees and managers set the goals together. Managers can detect trouble spots faster. Rules-Higher than normal standards are set in management by objectives. 7. Psychosocial: Human resources-Higher standards are set for performance evaluation. Attitudes-Many feel that management by objectives is unfair. Perception and motivation-In the first year, the goals are still perceived as being attainable and are attained. Not so in the following years though. 1. Incorporate other goals into management by objectives that might affect financial results, such as customer service. The various departments should have set customer service as one of the objectives if they feel that it is important. 2. Use a different goal setting tool and performance evaluation tool, such as the balance scorecard that incorporates all aspects of performance.

The Importance Of Liquidity For Commercial Banks Finance Essay

The Importance Of Liquidity For Commercial Banks Finance Essay 1.Explain the importance of liquidity for commercial banks and identify the main sources of liquidity in a typical commercial banks balance sheet. 3 2.Outline the reasons why, as a matter of monetary policy, central banks control liquidity in the banking system. 4 3.Describe briefly the method(s) used by central banks to control liquidity in the banking system. 5 References 6 Explain the importance of liquidity for commercial banks and identify the main sources of liquidity in a typical commercial banks balance sheet. Banks are considered to be as safe deposit for customers associated with them for both short and long term basis. It has increased liability over banks to make sure that they are able to fulfill all the demands of the customers. Also the Federal Deposit Insurance Corporation Improvement Act has reduced the dependency that commercial banks used to possess over Federal Reserves to make sure that their needs are sufficed in case some emergency arrives. Thus to maintain certain level of stake in the company, it is mandatory for commercial banks to retain appropriate liquidity ratios such that any ambiguous situation could be avoided. If any disturbance is encountered in these ratios, there is a problem of funding that comes into picture and hampers banks credibility among its stakeholders. Liquidity control is also necessary for proper structuring of the bank along with looking after all the complexities related to the size and related measures. Thus commercial banks adopt controlling me asures for liquidity risk in a highly comprehensive fashion. (Liquidity) Some of the sources of liquidity associated with commercial banks are, Deposits in other banks on demand basis Marketable debt securities over a qualitative basis Commitment made with other banks over provision of credit As liquidity is a critical issue for commercial banks, thus in most of the cases they tend to follow a reliable source of liquidity that will help in retaining their ratios to the required limit and make sure that low cost sources of liquidity are always a part of the banks functioning. Also to maintain proper liquidity ratios bank take several actions like selling redeemable assets, restriction of new loans, fund borrowing, issue of capital instruments, and reduction in dividends. These measures help in maintain ratios to exist above a particular level that indicate that bank responds in those conditions when its reserve ratio targets are disturbed. These ratios are derived from the regulations and liabilities that are associated with the banks functioning and put a number of obligations that has to be carried out under any circumstances. Outline the reasons why, as a matter of monetary policy, central banks control liquidity in the banking system. Central Bank is the key authority that can be held responsible for carrying out the regulatory activities. It is central bank that control credit growth and liquidity in the banking system with the help of a number of tools to make sure that a firm monetary policy is formulated and followed in the entire banking system. It takes care of the management that is involved in regulating supply of money in the entire banking system thus its regulations also helps banks in maintaining their ratios above required limit such that their reserves does not fall beyond a certain frontier. Financial sector is one of those sectors that have to be supervised by some certain entity otherwise it will result into an unregulated segment heading in an uncontrolled manner. Central Banks perform has not only taken, but also performed this duty in a highly beneficial manner for entire financial sector. Gravity of the situation can be understood from the fact that pace of a nations economy is regulated by the supply of money it is having, which in turn depends over central banks decisions. Thus central banks make an indirect contribution in the economic growth of the company through banking system that operates entirely under its control. There may be conditions when banks have high cash available with them, but injecting them without any condition in the market will not provide required return, rather it should be handled with optimum care to channelize their available resources and make sure that both banking system and markets get benefit of that availability of cash. Finally it will also help in boosting up of economy. (Central bank vows to damp excess liquidity, credit growth ) Describe briefly the method(s) used by central banks to control liquidity in the banking system. Central bank is concerned authority that puts a check over liquidity factor existing in banking sector, it follow some of the guidelines to make sure that it does not gets deviated from its track. In order to do so some of the methods followed are, It sets the bank reserve ratio that every bank has to retain with itself so as to take care of its customers at any time on their demand. Limit of this ratio may be increased or decreased based over the demand possessed by the external conditions. These conditions are reliant over highly volatile financial market thus has to be altered on a regular basis by the central bank otherwise it may result into fatality of many reputed financial institutions that will ultimately hamper functioning of national economy. (Zhiming, 2007) It also has to perform an action of liquidity management that is related to the economic adjustments which can be performed with the help of amendments in the policies that are formulated on an initial basis and applied afterwards. Applications of these policies are based over expansion of domestic consumption that finally aims at retention of economic stability. For this purpose, central bank also has to take numerous other factors into consideration that are even slightly related to the economic modifications. As economic growth is depicted by actions and regulations applied by central bank, thus it is up to central bank that whether it follow a discreet monetary policy or make some changes in its multiple monetary policy tools in order to attain a pre defined economic growth that will ultimately help in stabilizing economic health of the banking system.

Alcohol vs. Marijuana Essays -- Comparison Compare Contrast

Alcohol vs. Marijuana Alcohol and marijuana are two drugs commonly used and abused in the United States. Alcohol is the number one abused drug, while marijuana is number one among illegal drugs. While alcohol remains legal, and marijuana illegal, this does not necessarily mean that alcohol is better for you. There have been many arguments where people suggest that marijuana should be legal because alcohol is more deadly. On the other hand, there are alcoholics who would tell a pothead that smoking weed is bad for you. Both substances are very bad for your health and should not be heavily used by anyone.   Ã‚  Ã‚  Ã‚  Ã‚  Marijuana has an immediate effect during and for about 2 hours after smoking. With alcohol, users feel slight effects after just one drink, and recover depending on the amount the person drank, how much they weigh, and how much they had to eat before ingesting the alcohol. Immediate effects of use are slurred speech, decreased inhibitions, poor judgment, and lack of motor coordination. Marijuana causes red eyes, dry mouth, increased appetite, slowed reaction, paranoia, hallucinations, decreased social inhibitions, and memory loss. Drinking heavy amounts of alcohol can lead to a coma or even death. A person would have to smoke 40,000 times the amount to get high to overdose, so it is practically impossible. Alcohol is responsible for over 100,000 deaths per year. Marijuana kills less than 10,000 per year.   Ã‚  Ã‚  Ã‚  Ã‚  Among the deaths caused by alcohol, drinking and ... Alcohol vs. Marijuana Essays -- Comparison Compare Contrast Alcohol vs. Marijuana Alcohol and marijuana are two drugs commonly used and abused in the United States. Alcohol is the number one abused drug, while marijuana is number one among illegal drugs. While alcohol remains legal, and marijuana illegal, this does not necessarily mean that alcohol is better for you. There have been many arguments where people suggest that marijuana should be legal because alcohol is more deadly. On the other hand, there are alcoholics who would tell a pothead that smoking weed is bad for you. Both substances are very bad for your health and should not be heavily used by anyone.   Ã‚  Ã‚  Ã‚  Ã‚  Marijuana has an immediate effect during and for about 2 hours after smoking. With alcohol, users feel slight effects after just one drink, and recover depending on the amount the person drank, how much they weigh, and how much they had to eat before ingesting the alcohol. Immediate effects of use are slurred speech, decreased inhibitions, poor judgment, and lack of motor coordination. Marijuana causes red eyes, dry mouth, increased appetite, slowed reaction, paranoia, hallucinations, decreased social inhibitions, and memory loss. Drinking heavy amounts of alcohol can lead to a coma or even death. A person would have to smoke 40,000 times the amount to get high to overdose, so it is practically impossible. Alcohol is responsible for over 100,000 deaths per year. Marijuana kills less than 10,000 per year.   Ã‚  Ã‚  Ã‚  Ã‚  Among the deaths caused by alcohol, drinking and ...

How to prevent Internet Addiction Essay

Internet Addiction is one of the most serious problems for all the teenagers; it will seriously affect your mental and physiological health. Have you ever been a person who has been addicted to the Internet social world? According to a research of US National Library Of Medicine National Institutes of States, 70% of teenagers in the state spent nearly six hours to surf the Internet per day. â€Å"Just we could have rode into the sunset, along came the Internet, and it tripled the significance of the PC† said Andy Grove. Have you ever been addicted to any Internet website or social media platform? The first Social media platform is called Geocities. It’s the first social media platform with web hosting service, originally founded by David Bohnett in late 1994. It has a simple blog structure. Users could upload photos and text among the blog. In October 16, 2009, The Geocities service in United State was shut down. There were at least 38 million people that were using Geocities before it shut down. After that, a lot of different social media website and platforms had started to build up. There are a lot of examples of social media platforms in the 21st Century. The most famous platforms are arguably Facebook, Instagram, Tumblr and Twitter. They actually have linked together; User can enjoy different kinds of features. For example, if you uploaded and edited a photo in Instagram, you can directly update your status or photos to the other social media platforms like Facebook. It is one of the reasons why people who have online addiction problems will always keep checking their status like â€Å"did anyone ‘like’ my photos? † and keep checking their electronic devices even they didn’t receive any notifications. According to professor Larry D. Rosen, this is a term called—i-disorder. To explain it in-detail and specifically, i-disorder is where you exhibit signs and symptoms of a psychiatric disorder such as OCD, narcissism, addiction or even ADHD, which are manifested through your use—or overuse of technology. Whether our use of technology makes us exhibit these signs or simply exacerbates our natural tendencies. Do you think you are an i-disorder? If yes, the following suggestion may help you a lot in prevent it. One of the best ways to prevent to become an i-disorder is to get a hobby that doesn’t involve the smartphone, computer or even TV and media player. It’s good to stay away from electric media products, because they may attract you easily. If you are a student, try to get involve with different school teams, clubs, music educations, dancing lessons or even go to church. Exercise should probably be the best way because while you exercising, your body will produce some hormones that help your health a lot in psychologically and physiologically. Also, try to go to bed on time and get a good night rest. Remind yourself; â€Å"don’t turn on your electricity device before or while you are going to sleep. Except school activities. † You can also join some local events in your community during holidays. There may be some useful talks, film screenings or concerts, which you will like it. If you are an athlete, ask someone to join local sporting events with you. Look for some different kind of extra curricular activities as long as they are not on the Internet and get involved. For teenagers who are having academic studies, remember to concentrate on your homework and studies. This is probably a great thing to do right away when you get home. Control yourself, don’t turn on the computer or you will not concentrate on your homework and studies. If you absolutely need resources, go to library and read books to do research instead of browsing Wikipedia or Google your resources; study lessons that you learnt first instead of turning on your computer and checking your online status. Sometimes, because of online addiction the relationship between you and your family will get worse. So, try to plan a family day with your family. For example, plan a picnic trip to get out of the city and grab some fresh air. Going shopping and having a great dinner with your family is an idea if you don’t like to go outskirts locations on family day. If you are seriously busy, at least to plan a family night. During dinnertime, chat more with your family instead of doing individual things especially using your smartphone to surf on social media platforms. After you help your parents with housework. It will totally make them happier instead of chatting online. Make some dessert or bake some cake one night for your family. Anything that gets you off the computer for a while will help and increase your confidence so that you can stay off even longer. To avoid online addiction, the most important should be self-discipline. The Internet is very important to our daily life; sometimes we can’t avert to surf the net, but we all know that unlimited timing in using the Internet is one of the keys that cause our addiction. So limit your time on using Internet. If you are using a laptop, you should put it somewhere that you can remember, but not somewhere you can see everyday and try to keep it close. The laptop will be attractable as a bunch of magnets if you keep it open with the monitor and keyboard. If you are using a desktop computer, try to stay over it or cover it. Control yourself to not to use it usually, and every time when you use your computer, remember to set an alarm clock to always remind yourself when you should stop. For example before you use it, decide on a time limit such as around 30 minutes. Make sure that you get off your computer when the time is up. In daily communications, prefer to call people instead of sending instant messages from different social media platforms or instant message applications like Whatsapp, Line and Wechat. If your friends are feeling free to do something with you, call them and ask them to hang out with you, maybe you could and play some basketball games, go to bowling alley, ice rink or mall, but remember to avoid places, which have free Internet access such as coffee shop or McDonald. Once you addicted to the in Internet, it will cause a lot of serious problems that can let you lose control and self-discipline. It can break down relationships between you, your family and friends. It also will affect your mental and physiological health.