Enforceability of international and local mediation (UAE) Assignment

Enforceability of international and local mediation (UAE) - Assignment Example 23). Since its inception, there are records of several organizations and institutions that have used mediation processes to settle what would otherwise have been long running legal litigation and battle. In some cases, mediation has come in as settle options for cross border cases involving the United Arab Emirates and other countries. As far back as 1971, the United Arab Emirates underwent a successful mediation process to settle what would have been a long running international litigation with Oman and this move highly praised by the United States and other international bodies (Condliffe, 2002, p. 233). This means that mediation takes several dimensions and come in as resolution option for different forms of litigations in the United Arab Emirates. However, there have been instances where the mediation processes have not been continued to its logical conclusions. This is because mediation outcomes are not enforced, resulting in the need to resort to the courts. This paper therefor e discusses enforceability of mediation outcome and provides recommendations to overcome the problems associated with lack of compliance. ... 32). Moreover, the conclusion of mediation is free of all forms of legal punishment such as fines and imprisonment. What this means is that parties involved in mediation can always be assured that there will be settlement that does not put any commercial cost on them. What is more, peace is always guaranteed when mediation is used. Whether used by individuals, corporate bodies or between nations, the use of mediation helps in eliminating the fear of violent, brutal and sadistic conclusion to cases (Condliffe, 2002, p.111). This is especially important when using mediation between nations. This point is so made against the background that the world has experienced a number of wars, which experts have ruled that they could have been avoided if there were alternative means of resolving them. There are cases of major corporate organizations which went into liquidation because of protracted court proceedings and rulings. Most of these organizations, if they had chosen the path of mediatio n would still have been functioning and making profits. Finally, it would be said that mediation is essentially important in coming out with easy-to-apply remedies. This is because the outcomes of mediations are mostly arrived as a result of compromise between the parties involved instead of a ruling by an arbitrator. This way, the two parties arrive at consensus that benefits them both in settling their differences. Factors inhibiting the Compliance of Mediation Outcomes Despite the beautiful advantages of the use of mediation that can be listed on and on, there are major hindrances to the successful application of mediation as a dispute resolution and construction mechanism and therefore put a lot of parties

Emiliano Zapata (For Latin American Humanities class) Research Paper

Emiliano Zapata (For Latin American Humanities class) - Research Paper Example Soon after being elected the mayor of Anenecuilco town in 1909, he started to defend the peasants’ debt peons’ lands, from the greedy sugarcane plantations owners. He managed to assemble thousands of peasants’ men and he remunerated them by collecting taxes from provincial cities as well as extorting from the affluent (Chasteen 219). Zapata arms mostly came from the captured from federal troops and they were wanted change from the higher level. That is why he decided to ambush the well-off, national institutions, as well as the federal army anywhere and when possible. Even though his peasants’ army acquired land and began to work on it, Zapata faced problems especially when changing from guerrilla aggravation to open combat, something which did not produce his desired victory (McLynn 221). His armed revolutionaries were referred to as Zapatistas who were mostly rural peasants. The alliance between him and Francesco Madero saw the overthrow of President Porfirio Diaz in 1910 (Chasteen 219). However, this alliance did not last for a long period, since him and Madero had dissimilar ideologies. Zapata was more concerned about land reforms something which Madero did not believe in. When Madero was overthrown by his key General, known as Victoriano Huerta, Zapata joined forces with Venustiano Carranza and Alvaro Obregà ³n to defeat Huerta in 1914, before they turned against each other (McLynn 213). Zapata was later killed in 1919 after being tricked to appear in a meeting with Jesà ºs Guajardo who was sent by Pablo Gonzà ¡lez a close general of president Venustiano Carranza (MicrosoftCorporation para 3). Some of Zapata notable achievements include the formation of the agrarian commissions, which were responsible for distributing land with no favoritism, in addition to being free of the practice whereby landowners could corrupt the

Issues in managment Essay Example | Topics and Well Written Essays - 1250 words

Issues in managment - Essay Example In 1961 Kroc purchased the McDonald brothers’ equity share of $2.7 million and changed the name to McDonald’s Corporation. In 1965 McDonald’s went public and is currently headquartered in Illinois. McDonald’s follows a different business model from other fast food chains. In addition to the franchisee fees, supplies and a percentage of sales, they also collect rents partially linked to sales. Approximately 70% of McDonalds restaurants worldwide are owned and operated by independent local men and women. McDonald’s offers flexible menus with different tastes and different sizes to fit every active lifestyle. It has a global presence with successful expansion into 120 countries and they serve nearly 54 million customers each day. By 2001, they had 30,093 restaurants all over the world with sales of $24 billion. They offer both counter service and drive through service. The company operates other brands such as Piles Cafà © and Boston Market and has a minority stake in Pret a Manger. They had a majority stake in Chiptole Mexican Grill – an 18-restaurant chain in the US until they completely divested it in October 2006. It also owned Donatos Pizza until December 2003. It has a subsidiary called Redbox, an automated convenience store started in 2003 and since 2005 they focus on DVD rental machine. Their global presence has caused McDonaldization of the society. As it is closely identified with the lifestyle and culture of America, the business expansion has also been termed as Americanization. McDonalds has often been the target of anti-globalization protesters. At the end of 2003 it employed more than 1.6 million people and is considered to be America’s largest job training program. They claim to make the world a better place and claim to respect and value their employees, but reports suggest that pay and working conditions are far from being ‘overwhelmingly

Lenovo Goes Global Term Paper Example | Topics and Well Written Essays - 1750 words

Lenovo Goes Global - Term Paper Example This acquisition was a great opportunity for the Lenovo brand; however, it also posed significant challenges to the company’s management. The key challenge was associated with differences of the American and Chinese cultures. It took almost five years before the company has managed to resolve the worst of the cultural differences (Holstein, 3). This was a process of learning of a way in which the multinational company should operate in order to succeed. In result of this experience, the company has surpassed such global players on the PC’s market as Dell and Hewlett-Packard Company (Holstein, 4). Lenovo’s sales have almost doubled in 2014 compared to 2008, and reached $39 billion. This success was partially attributed to the company’s Mergers & Acquisition strategy. The company has successfully entered many foreign markets by acquiring local players. One of the most recent acquisitions was the handset division of Google and IBM’s low-end server busi ness in China (Holstein, 4). Another success factor was attributed to the company’s capability to develop a global network. Lenovo has developed effective HR strategies based on the global approach, adopted global management principles, and created network oriented enterprise. Also, the company has managed to transform its ineffective and costly supply chain into highly integrated, cost-effective, flexible and competitive supply chain system. In order to achieve this, Lenovo’s management has eliminated excessive elements and policies, have developed effective system of performance measurement, and provided extensive training to its top managers. Lenovo has also adopted â€Å"out of box† thinking culture and against all the stereotypes have reestablished electronics assembly in the United States (Holstein, 6). Despite the fact that the workforce in the US was more costly than in China, Lenovo has

HIST 2112 Essay Example | Topics and Well Written Essays - 750 words

HIST 2112 - Essay Example While industry had been around for quite a while before the turn of the century, this was the first time it became nearly impossible to survive in a purely rural environment. At first, many skilled workers joined unions in an attempt to save their jobs from unskilled machine workers who could do the exact same work in a factory as them for cheaper and more quickly. This did not last long, however, as more cooperation was needed for success. Often times, the actions of these unions would lead to violence, which means more problems would be caused by their protests than would be solved by them. The Coal Strikes between 1900 and 1902 became somewhat of a national crisis, as coal was a necessary commodity. The workers did gain higher wages and less hours with these strikes, although the government refused to admit that the union had anything to do with this. As time moved on, workers attempted to create a union for all to be a part of, which would end the wage system and would give the w orkers the power. These attempts were suppressed by the capitalists, however, as they knew that paying too much in wages would put a damper on the significant profits they were making during this time period. The entrepreneurs got the government involved in these disputes in order to protect their interests. The government knew that it was in its best interests to keep the capitalist entrepreneurs happy, so it did whatever it could to prevent the workers from winning these disputes. These unions were, however, important because they allowed for wages to rise and hours worked to fall for skilled workers in the United States. The lives of African Americans between 1877 and 1928 were transitional, as African Americans began to search for a niche in American society. In 1877, North troops left the South, which meant that former African American slaves in the South could no longer rely on them for political protection. Many issues

Exchange Rate and Puchasing Power Parity Theory Essay

Exchange Rate and Puchasing Power Parity Theory - Essay Example Here, we will take a look at the concept that is the purchasing power parity and try to understand its implications on the currency exchange rates in the world. The best simplest way to describe Purchasing Power Parity, denoted by PPP, is by directly going into its application. So, PPP of the Gross Domestic Product for the countries around the world as of 2003, where we use the American economy as our base group and assign it a value of 100 would see the highest index value being appropriated to Bermuda i.e. 154. This basically means that goods that are sold in the Bermuda are 54% times more expensive as compared to those in United States. Now, the purchasing power parity theory makes use of the long term equilibrium exchange rate that exists between these two currencies in order to equalize the purchasing abilities of both the said currencies. This theory has been developed by the works of Gustav Cassel in 1920 and to put it in simplest terms, it is fundamentally the law of one price: the theory goes along the lines that in completely ideal and efficient markets, identical goods must have the same price regardless of the currency used in t he purchase of goods. By equalizing the purchasing power of different currencies in their home countries for a given basket of goods for different currencies, we can ascertain the purchasing power SEM rate. ... t are existent in a country as well as the similar rates of inflations from different countries as opposed to a generic nominal gross domestic product comparison. It is also a generally accepted notion that the most widely accepted and most often applied purchasing power parity exchange rate is the Geary-Khamis dollar; which is also known as the "international dollar". Changes in the PPP exchange rates: Purchasing power parity exchange rates; or what are known as 'real exchange rates' most often experience variability due to the exchange rate movements that taken place due to open market currency operations. Notwithstanding this type of value fluctuations, uniform variations of the market and the purchasing power parity exchange rates are observed. We have the example of the market exchange rates, which are usually priced for non-traded goods and services at a lower level than expected in the instances where the national incomes are also relatively low. This basically means that a U.S. dollar that is exchanged in Dubai for their local currency and then used to purchase body massages will buy a greater number of body massages as opposed to using the same U.S dollar in the United States to buy body massages. Purchasing Power Parity takes into account this lower cost of living in Dubai and makes specific adjustments in order to for it to appear as if the entire income was being consum ed in the local country. From another viewpoint purchasing power parity is the number of a certain set basket of basic goods that can be purchased in a given country with the money that is produced by the said country. PPP exchange rates and the market exchange rates: There can be immense differences between the purchasing power parities and the market exchange rates between any set of

Lenovo Goes Global Term Paper Example | Topics and Well Written Essays - 1750 words

Lenovo Goes Global - Term Paper Example This acquisition was a great opportunity for the Lenovo brand; however, it also posed significant challenges to the company’s management. The key challenge was associated with differences of the American and Chinese cultures. It took almost five years before the company has managed to resolve the worst of the cultural differences (Holstein, 3). This was a process of learning of a way in which the multinational company should operate in order to succeed. In result of this experience, the company has surpassed such global players on the PC’s market as Dell and Hewlett-Packard Company (Holstein, 4). Lenovo’s sales have almost doubled in 2014 compared to 2008, and reached $39 billion. This success was partially attributed to the company’s Mergers & Acquisition strategy. The company has successfully entered many foreign markets by acquiring local players. One of the most recent acquisitions was the handset division of Google and IBM’s low-end server busi ness in China (Holstein, 4). Another success factor was attributed to the company’s capability to develop a global network. Lenovo has developed effective HR strategies based on the global approach, adopted global management principles, and created network oriented enterprise. Also, the company has managed to transform its ineffective and costly supply chain into highly integrated, cost-effective, flexible and competitive supply chain system. In order to achieve this, Lenovo’s management has eliminated excessive elements and policies, have developed effective system of performance measurement, and provided extensive training to its top managers. Lenovo has also adopted â€Å"out of box† thinking culture and against all the stereotypes have reestablished electronics assembly in the United States (Holstein, 6). Despite the fact that the workforce in the US was more costly than in China, Lenovo has