Supporting Ban on Pete Rose from Baseball Hall of Fame Essay

What has the game of baseball meant for Americans? For many baseball is a game of integrity, honesty, and without a doubt skill. When one of these factors is allowed to overtake the other it leaves the game unbalanced with lost priorities. Like everything else in life, baseball has rules and regulations which should be followed and enforced. The Baseball Hall of Fame honors persons who have excelled in playing, managing, and serving the sport. Having ten years of experience in the game and five years of retirement players who pass a screening committee become eligible to be voted into the Hall of Fame. The main discussion now is whether or not to allow Pete Rose into the Baseball Hall of Fame, after betting on baseball while he†¦show more content†¦It was proven that he gambled four to five times a week during the 1985, 1986, and 1987 seasons. In placing his bets he mainly work with Tommy Gioisa, Ron Peters, Michael Bertolini, Paul Janszen , Steve Chevashore, and a bo okie in Staten Island, NY identified only as Val. Shown above are just six of the main people with whom he bet with and or used in aid to avoid getting caught. In the report to the Commissioner it is stated that Rose acknowledged sending eleven $8,000 check to Michael Bertolini, which were made out to fictitious payees, Rose stated that the money was loaned to Bertolini and was used only as payments to other athletes for participating in baseball card shows (hallinan). Later in 1987 Rose needed to use Paul Janszen in order to place his own bets with Val from Staten Island because Val refused to accept any bets tracking back to Pete Rose due to his failure in paying off his gambling debts. Rule 21 stating, any player, umpire, club, league official or employee, who shall bet any sum whatsoever upon any baseball game in connection with which the bettor has a duty to perform shall be declared permanently ineligible (Baseball Hall of Fame). Pete Rose was banned from baseball for lif e making him ineligible to be accepted in the Hall of Fame. Every ball player was notified and reminded of this rule because it has been part of theirShow MoreRelatedSteroids in Professional Baseball2189 Words   |  9 PagesA Poll by the Press in ’04 says that sixty-one percent of eight hundred and sixty-five people surveyed that all the athletes in baseball that were tested for steroids and shown positive should have been banned from the game. In the year 2005 it was discovered that two out of three people agreed with banning the players who made it to the Hall of Fame but tested positive for steroids. Most if not all people consider this action cheating and frown upon its use. How could this be? In today’s readingsRead MoreInternational Management67196 Words   |  269 PagesManagement, we have taken care to retain the effective foundation gained from research and practice over the past decades. At the same time, we have fully incorporated important new and emerg ing developments that have changed what international managers are currently facing and likely to face in the coming years. Of special importance is that students of international management understand what will be expected of them from the range of stakeholders with whom they interact and the ways in which technologyRead MoreManagement Course: Mba−10 General Management215330 Words   |  862 Pagesmarketing channel distribution, and entirely new patterns of employee recruiting, development, and training. In addition, product and services launches increasingly require more effective development initiatives. Rapidly increasing numbers of new offerings—from Web-oriented modules to credit cards—are being commoditized in months or even weeks instead of the periods of years on which companies had counted for cash flow. Increasingly demanding consumer and industrial buyers are basing their purchasing decisions

Affects That Are Harming The Crops Of Crops And The...

This paper will analyze the affects that are harming the agricultural system in Kenya, Africa. There are numerous problems that could be taken into account for the lack of production in Kenya s agricultural system. This paper will highlight four main issues that harm the development of Kenya s agricultural system. These four main problems are leading factors that destroys the growth of crops and the success of harvest seasons. The first main point that will be analyzed in this paper is climate change which is the leading cause of bad crop seasons in Kenya. The next variable to be analyzed is the lack of infrastructure in Kenya’s geographical makeup. The third variable to be analyzed on the failure of Kenya s agricultural system is pesticides and disease. The finally elements that leads to the harm on crop production in Kenya is soil nutrient deterioration. These are just a few of the cause that harms the development of Kenya Africa’s agricultural system. On the one hand, some people know the weather in Africa is that of a pretty dry climate. This is a bad combination when attempting to grow things that are not meant to be grown in hot dry climates. Many foods and other resources need moisture and water to grow and survive. The effect of climate change has directly affected farmer’s â€Å"the changing and unpredictable raining seasons has greatly affected their ability to plan their farming activities† (Kibet par 5). The inconsistency in rain and natural temperature in theShow MoreRelatedAgriculture and Technology6502 Words   |  27 Pagesanimals and plants (i.e. crops) creating food surpluses that enabled the development of more densely populated and stratified societies. The study of agriculture is known as agricultural science. Agriculture is also observed in certain species of ant and termite. Agriculture encompasses a wide variety of specialties and techniques, including ways to expand the lands suitable for plant raising, by digging water-channels and other forms of irrigation. Cultivation of crops on arable land and the pastoralRead MoreDeveloping Countries in the World Trade in Agriculture: Bangladesh Perspective.19109 Words   |  77 Pagestariffs by a tiered formula that reduces higher tariffs proportionately more than lower tariffs. This is potentially a great improvement over the â€Å"average cuts† approach of the URAA, which allowed countries to maintain extremely high tariffs on some crops. But the benefits will be small if the final agreement does not use a numerical formula that requires truly significant cuts in tariffs and forecloses use of the designations â€Å"sensitive† and â€Å"special† to shield many products from the cuts requiredRead MoreMarketing Management130471 Words   |  522 Pagesinstance, if a strategy is to enter a new market, the tactics may involve the marketing decisions made to carry this out. Performing strategic and tactical planni ng activities in advance of taking action is considered critical for long-term marketing success. Identify - Arguably the most important marketing function involves efforts needed to gain knowledge of customers, competitors, and markets. We will see throughout this course material how marketing research is utilized in all decision areas. Create

Legal Aspects of International Trade and Enterprise Global Energy

Question: Discuss about theLegal Aspects of International Trade and Enterprise for Global Energy. Answer: Company Profile Glencore plc, Global Energy Commodity Resources, is a multinational Anglo- Swiss company, newly formed in May 2013 through a merger of Glencore and Xstrata, and is headquartered in Baar, Switzerland. Originally, Glencore was formed in 1974 by Marc Rich while Xstrata was founded in 1926 as an infrastructure and electricity project company. The company has significant interests in mining industry business and majorly deals with mining and processing of metals and other minerals, oils, natural gas, coal, crude oil and Agricultural products. Glencore plc has operations in over 50 countries across the world among them, Australia and has workforce of over 154,000 employees globally. In Australia, the company is headquartered in Sydney and has a workforce of over 16,000 employees, quite a significant figure compared to total global number of employees in the company. Australia, being endowed with many natural resources such as coal, nickel, oil and zinc, has provided a great opportunity to Glencore plc to invest in mining and processing of the natural resource in the country. The company has been in business in Australia for last 20 years and has grown to be one of the major employers in Australia. Currently, the company has 3% market of world oil consumption and it is the world 4th largest commodity trader in the world with annual revenue of over 300 billion USD in the year 2015 and a net income of over 10 billion USD in the same financial year under review. The company has had to undergone some business changes in Australia such as when it decided to close down its underground coal mining in Queensland Australia by the year 2015. The company has also undergone strategic diversification by focusing more on items or commodities that are used in daily basis such plastic and cutlery. The current Glencore plc CEO is Mr. Ivan Glasenberg, who steers the company towards continuous achievement of organizational objectives as well as business strategy. ("Home - Home | Glencor e Australia", 2017) Regulations Affecting Glencore Plc Business in Australia Corporate Tax One of the regulations affecting Glencore plcs business in Australia is the 30% corporate tax imposed by the Australian authorities to corporates in Australia. Glencore having deep operations in the country is too facing this and its required to remit 30% of its earnings to the government as corporate tax. This affects the business operations of Glencore because it eats into its margin of profit. Once the margin of profit has been reduced the company will be unable to finance future expansions as the mining business is quite capital intensive. The 70% earnings remaining after deducting the corporate tax levy, is what the company will need to share with the investors or the shareholders of Glencore and the remaining little amount to be used for expansion. Thus 30% corporate tax in Australia is not competitive compared to other better economies like United Kingdom which corporate tax is at 19% and Switzerland at an average of 24%. Therefore, it is a challenging business environment to Glencore plc to operate under such tax regime and maintain desired level of growth, if it does no have tax credits and financially strong subsidiaries across the world to fund its rapid growth and expansion plans. Huge corporate tax also affects the prices of the commodities manufactured or processed by Glencore plc. All the business as well the profits is always footed by the consumer of the product. Thus Glencore is forced to increase the prices of its commodities in the market thereby affecting their competitiveness, which in turn may lead to low sales and low revenue collection and profit for the company. With this rate of corporate tax the Glencore may face challenges in attracting and retaining best talents due to low pay necessitated by harsh tax regime. Best talents help the company to grow faster because best talents usually make best decisions for the company thus allowing it to grow with less unforeseen challenges. (Dagwell, Wines, Lambert, Psaros, 2012) Australian Diverted Profits Tax Llaw This law on tax, recently enacted has some punitive measures that will affect the multinational companies including Glencore plc. The law requires that upon preliminary assessment and the outcome is a suspicion of diverted profit then, the multinational company in question will need to make tax payment at 40% penalty rate irrespective of whether the assessment is correct or not. Further to this, if there is an assessment of diverted income then the appeal process has been extended to 12 months, all this time the government is holding the company funds paid in terms of tax at penalty rate, limiting growth and expansion plans for the company. The law has also restricted admissible evidence to counter assessment verdict of diverted income. This change in the law affects Glencore plc in that it slows the company plans for growth and expansion. The question of whether an income is a diverted income or not, is a matter of interpretation of business process, Glencore being a multinational c ompany has resources across the world these resources can be put together to for the purposes of generation of profit or income. The company will then, based on its assessment, determine which subsidiary takes which amount of profit according to how the resources were used. This assessment can totally change in the eyes of the government official when determining whether the company diverted profits or not and consequently leading to Glencore plc paying tax at 40% penalty rate awaiting 12-month appeal process. This further eats into the profits realized by the company affecting its growth and development plans. (Drebler, Overesch, 2012) Treaties and Conventions Kyoto Protocol Kyoto protocol is an international climate treaty developed by United Nations Framework convention on climate change. The treaty holds that state parties to the agreement commits to reduces greenhouse house gas Carbon (iv) oxide emission to the environment by a certain agreed percentage of the previous level of emission, based on the fact that global warming which leads to desertification and raising ocean water levels among other effects are caused by human made carbon (iv) oxide emissions. Glencore being a mining and processing industry player is affected by this treaty in a number of ways, after Australia became full member of the Kyoto protocol agreement in 2008. To be able to implement Kyoto protocol Glencore will be required to reduce use of coal power or carbon based power such as fuel in its industries. (Massai, 2014) This means that the company will need to invest in clean energy production such as wind power and solar systems to power its machines instead of using fuel whic h emits the CO2 or carbon (iv) oxide gas. This therefore meant that Glencore had to phase out machines that largely depended on fuel to new technologies and innovations that will lead to reduced greenhouse gas emission. Not all the countries in the world ratified the treaty like Australia did. Most countries in Latin America and Africa are yet ratify or even follow through the implementation of the ratified treaty. Mining industries in these nations are not therefore required to invest in new technologies that do not necessarily translate to higher profits but majorly aimed at reducing the greenhouse gases, not affecting the cost of production. Australian government follows through implementation of the signed treaties, and Kyoto protocol being one of them necessitated that Glencore plc invest extra amount of capital to comply with the protocol, a scenario which leads to increased cost of production. Mining and processing industries operating in non-member states of Kyoto protocol d id not need to invest in new technologies aimed at reducing the greenhouse gas emission to the environment thus their cost of production is lower compared to Glencore. (Massai, 2014) This then, lead to reduced profit margin for Glencore plc or increased market rates for Glencore plcs products and reduced competitive edge in the market, which led to low or poor sales. The market forces are always at play and customers purchasing the products are not known to be considerate of treaties under which the product was processed or manufactured such as UNs Kyoto protocol, all which is important to the market is the price and quality of the product. Thus in view of this market force, Glencore products faced stiff competition in market from companies operating in non-Kyoto compliant states such as those in Latin America. The protocol also requires that member states contribute funds to try and reverse the damages to the environment caused by the greenhouse gases already emitted to the environ ment. The Australian government being the implementer of the treaty collects funds from Australian industries affected by the treaty such Gelncore plc to fund these projects carried out by the UN, thus further increasing cost of production. (Massai, 2014) Free Trade Agreements FTAs Australian government has signed various free trade agreements or what is commonly known as FTAs with a number of countries such as China, Japan and United states. These international treaties effectively open up the market for more competition with major aim being having more commodities at the stores shelves and at a lower rates. The treaties do not lay more emphasis on promoting and shielding local industries from harsh oversees competition. Countries like China are very industrialized with many innovations such that many factors of production have low rates owing to the stiff competition in the country coupled with large population that makes economies of scale a reality in Chinese market. Therefore, Industries in China are able to produce with significantly low cost of production compared to other industries in other countries such as Australia, but leverage on huge market thus making small profit margins but with considerably high volume of sales. Glencore plc being a player in Australias Agricultural sector has interest in handling, processing and marketing agricultural products such Sugar, cotton, vegetable oils and biodiesel among other products. The signed free trade agreements between Australia and China, Japan and USA did not include some agricultural products such Sugar. This effectively means as much Chinese, Japanese and USA markets are not open to sugar from Australia on free trade. Thus any sugar commodity exported to these markets from Australia attracts huge duty and tax levies which make them uncompetitive in those markets. Export market is one of the Glencore plc strategic market expansion plan and when free trade agreements are signed with different countries and excludes some Agricultural products, Glencore is forced to look for agricultural-products market elsewhere missing out on big economies markets like USA and China. To put this into perspective, Chinese market has over 1.4 billion people which hypothetically majority of them consum e sugar and in USA the market has over 330 million people, while Japan market has in excess of 128 million people. Therefore, an FTA excluding Australian sugar from these markets effectively locks out the commodity form a market of about 1.45 billion people out of 7 billion world population. It is also important to note that three markets have fairly larger purchasing power than majority of the remaining markets. The narrowed market for Glcncore sugar meant that the product is only majorly available in Australian local market but not much in oversees market. (Uno, 2011). References Anon, (2017). [online] Available at: https://www.glencore.com/assets/sustainability/doc/case_studies/cs-Glencore-coal-business.pdf [Accessed 1 May 2017]. Anon, (2017). [online] Available at: https://www.pc.gov.au/__data/assets/pdf_file/0005/188321/sub0185-workplace-relations.pdf [Accessed 1 May 2017]. Brown, K. (2012). A comparative look at regulation of corporate tax avoidance. Dordrecht: Springer. Dagwell, R., Wines, G., Lambert, C. and Psaros, J. (2012). Corporate accounting in Australia. Frenchs Forest, N.S.W.: Pearson. Dreler, D. and Overesch, M. (2012). Investment impact of tax loss treatmentempirical insights from a panel of multinationals. International Tax and Public Finance, 20(3), pp.513-543. Glencore.com.au. (2017). Home - Home | Glencore Australia. [online] Available at: https://www.glencore.com.au/EN/Pages/home.aspx [Accessed 1 May 2017]. Massai, L. (2014). Kyoto protocol in the eu. [Place of publication not identified]: T M C Asser Press. Uno, K. (2011). Economy, energy, environment simulation. Dordrecht: Springer.