Discussion in recession Coursework Example | Topics and Well Written Essays - 1000 words

Discussion in recession - Coursework Example The economic conditions are directly linked with the overall discretionary purchases undertaken by the households, while there is also a high degree of implication on the overall volume of necessity purchases. Due to the fact that all businesses are commercial organisations that have the underlying aim to increase shareholder’s wealth. It is therefore argued that recession is one of the critical downside risk facing contemporary businesses. The critics of this argument have however noted that recession can be seen as an opportunity for businesses to sharpen their business models. Drawing upon Rampini et al (2014), the businesses that have lean and agile structures develop sustainable competitive advantage that does not only help them survive through a recession but also flourish and expand their presence. The aim of this debate is therefore to critically analyse and appraise the thinking that recession is the most critical downside risk facing all businesses.†¨It can ther efore be argued that economic recession is likely to have negative impact on firms that are diversified across the industries and geographically, leading to lower than expected results on the top and bottom line of the business   My claim substantiates the overall conclusion with the help of the following set of arguments. The key risk management strategy for contemporary businesses is to use diversification strategy, where all valuable resources of the firm are not focused on achieving a single competitive advantage. According to Ai et al (2012), the multiplicity of competitive advantage and its development within multiple industries and geographic markets essentially means that if there is any systemic risk in one industry or national market, than it can be mitigated by the firm from the other industry or national market. It should be noted that in case of an economic recession, the overall demand for the products or services across the industries fall dramatically

ANALYSIS OF SEX OFFENDER MANAGEMENT PRACTICES Research Paper

ANALYSIS OF SEX OFFENDER MANAGEMENT PRACTICES - Research Paper Example ing of various legislations such as the Jacob Wetterling Act, which mandated sex offender registration, the Adam Walsh Child Protection and Safety Act (AWA), which elevated failure to register as a federal crime, the Megan’s Law, the collective name of state and local legislations requiring notification of communities of convicted sex offenders residing in their area, and the Jessica Lunsford Act, which introduced tighter monitoring of sex offenders through, among others, the wearing of electronic tracking device (Harris & Lobanov-Rostovsky 2009 3; Nieto & Jung 2006 7-8; Yung 120-121). More than 100 sex laws were passed in various states all over the country to contain and deter sex offenders in 2005 alone, collectively resulting in the registration of more than half a million sex offenders, with more than 60,000 to 70,000 additional registrants, on the average, per year (Boyd 2008 220). Nevertheless, these laws and measures are not without controversy. Residency restriction laws and civil commitment of violent sexual predators currently emerged as two of the most hotly debated issues relative on anti-child sex offending measures. Residency restriction laws imposed on sex offenders are generally of two types: Child Safety Zone, and; Distance Marker. The first type prohibits sex offenders from entering a specific radius of areas where potential victims often congregate. The second type, commonly called residency restriction law, involves total proscription of sex offenders from establishing residency within a certain radius of such protected zones (Nieto & Jung 2006 15; DeLisi & Conis 2007 281). On the other hand, civil commitment refers to the legal process by which a person, alleged to be suffering from mental disorder, may be ordered confined by the state even without consent. The confinement may be in a hospital for psychiatric treatment, in a â€Å"secure treatment facility or in a locked unit of a nursing home.† Its legal underpinnings are: parens patriae,