...The debate that has recently come to my attention concerns the regulation regarding alcohol. The question has been raised: is it genuinely practical to enforce the draconian drinking laws that rigorously prohibit citizens under 21 from buying liquor? Are the efforts of these strict laws truly worth their stated goal? According to the National Minimum Drinking Age Act of 1984, the US federal government outlaws purchase and public possession of alcohol by people less than 21 years of age. The history of regulation of alcohol in the US began in the 1920s, during the Prohibition Era where no alcohol was allowed at all. Now, laws still remain very strict with one group: those under 21. Ironically however, even with these high...
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...The purpose of this study is to find a relationship between self-regulation and treatment of alcohol addiction. As a longitudinal study with a quasi-experimental procedure, the researchers are looking to investigate two groups; those who maintained abstinence and those who relapsed after a year. The hypothesis of the study indicates that the longer the alcohol addicted stayed abstinent, the stronger their self-regulation developed. Three assessments were done, the first assessment was after 2 weeks of treatment, the second assessment was done after the basic stage of treatment (8-9 weeks) and the last assessment was done after 1 year of them starting the program. Throughout the study, the researchers used Julius Kuhl’s definition of self-regulation...
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...Alcohol regulations. Europe, USA, Russia Introduction. Within my work I am going to review part of the countries’ legislation related to the existing alcohol regulations and existing polices, conventions and its development plans. Analysis will be based on the samples of different countries: Russia, EU (different countries) and United States. There are different areas of the existing alcohol regulations: risky environments, tax and prices, market restrictions and marketing control. All of them are more or less affecting business activities in different aspects. Applicability of this report: There are a lot of different types of businesses strongly dependent on alcohol sales or alcohol production worldwide. Moreover there are a lot of international corporations which has core business linked to operations with alcohol. To be able to operate their business on the different markets they have to consider different alcohol regulation in different countries in their business models before making market enter decision and follow existing rules and respective policies updates in daily operations. The examples of this business could be: 1. Producers or importers of alcohol beverages or cosmetic. Examples of corporations - Heineken, Diageo. Strong dependency of core business on alcohol regulation 2. Distributors of alcohol beverages or cosmetic within the country. Strong dependency of core business on alcohol regulation 3. Café, bars and restaurants...
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...Assignment 1: Research Topics with Explanation Krista Reynolds Professor Eric Thompson English 215 April 15, 2014 Topic 1: Should regulations for homeschools be changed? I have chosen this topic because our children’s future lies within the regulations. My audience for this paper will be Professor Eric Thompson and my peers. Education is cornerstone to a person’s future in today’s society. Each and every American (including our children) has the basic civil rights. One of those rights is the right to an equal education. By not enforcing regulations on homeschooling are the rights of the child being violated? While some states regulate homeschool parents by requiring the parent to obtain a state teaching certification, there are still many that don’t require any regulation. Without regulation of schools, whether they be public, private or in the home, we are risking our risking our future to a generation that has little adaptability to our ever changing society. Credible sources expected to use: (Kreager, 2010); (Waddell, 2010) Topic 2: Should minors who commit violent crimes be tried as adults? I have chosen this topic because it holds the future of our children and the future of our country within its laws and courtrooms. The audience for this paper will be Professor Eric Thompson and peers. By treating our children as adults for crimes they commit are we holding them accountable or are we creating “super-predators” out of our troubled youth? Not only...
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...across the issue of how alcohol would be monitored and regulated at the event center. We also ran into an issue of the pot policy and how that would be implemented. The event center age requirement would be 18+, which makes it vulnerable to minors consuming and bringing in outside liquor. This is a very big issue that could potentially happen which is why it is necessary to do research on alcohol monitoring. In addition to monitoring minors with alcohol the team thought it would be pretty cool to have a 21+ section that served liquor. Which would be a great asset of the Cheney event center. As I began research on both alcohol monitoring, potentially serving alcohol and pot policy I came up with the following: Serving Liquor at Events * First and foremost we must apply for a liquor license through Washington State Department of Revenue Business Licensing Service. In order to gain access to a liquor license one must refill out a business license application even if they already have one and a Liquor Control Board Addendum. * Fill out the Liquor Control Board Addendum Retail (Entertainment Facility, Event Center, Motel, restaurant, snack bar etc. . . .) * Once we submit the liquor license application, Washington State Liquor Control Board will assist during the duration of the licensing process. * Later WSLCB will either deny or accept our application. After obtaining a license we also want to make sure that all of our servers have alcohol management training...
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...When I first started researching a topic to write about I was lost. I’m not use to looking up regulations and the different agencies that impose them. I had no idea that there were so many agencies, let alone rules and regulations that were proposed and/or passed every year. So I knew that it would be best for me to explore an area that I was familiar with, or knew a little bit about. I chose to look at the most recent regulations of The ATF, also known as the Alcohol, Tobacco, and Firearms. The proposed regulation that I want to look at is referred to as the Implementation of the USA PATRIOT Improvement and Reauthorization Act of 2005 Regarding Trafficking in Contraband Cigarettes or Smokeless Tobacco. I chose this federal agency and this specific regulation because it is one of the only agencies on regulations.gov that I am familiar with. I also chose this regulation because of my place of occupation. I currently work at Hertz rental. I had no idea how many people get arrested for trafficking drugs, alcohol, or firearms. So it kind of drew me towards this regulation. According to Regulations.gov “The Department of Justice is proposing to amend the regulations of the Bureau of Alcohol, Tobacco, Firearms, and Explosives to execute certain provisions of the USA PATRIOT Improvement and Reauthorization Act of 2005 (enacted March 9, 2006) relating to trafficking in contraband cigarettes or smokeless tobacco. The new law amends the Contraband Cigarette Trafficking Act by: reducing...
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...Heineken brand they continuously invest in the expansion of their other global brands, for example including the commonly know Strongbow, Desperados, Sol and the dutch Amster Premium Pilsner. These are all brands which increase the rate of innovation for Heineken to drive top-line growth which refers to an overall growth rather than a segment growth. Besides this, a world-class in-store execution and strong customer management capabilities enable Heieken to create value for customers as well as for the long-term business success. When we take a look at governemntal factors influencing an organization which produces alcohol containing bevarages the first factors coming up in our minds are the minimum age for buying and consuming alcohol and the taxes on alcoholic bevarages. These two known factors are just a miniscule part of the list of governmental laws and regulations Heineken has to deal with. Every country has its own policies and in some cases, for instance in the United States...
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...Unit 36, P4 Legal aspects and physical resources As my business is starting up there are several legal statuses that I can have which are; Legal Aspects; * My legal status: Sole trader * Legal liability: Unlimited liability * Trading terms and conditions: Being owner of the business this means that I can do as I wish and go against the terms and conditions which I have set for my business, for example of a term would be the closure of the shop at 9pm A sole trader owned company is a business which is owned just by one person. There are several disadvantages and advantages when being a sole trader. Being a sole trader will mean that a lot of the businesses work will be on one person’s shoulders. This means there will be a lot of pressure and stress on the single person. Having privacy within a company is highly important, being a sole trader means that you have full control of the business and its financial incomes, this means that other companies don’t have access to your information. Also there are fewer legal restrictions so this will allow the business to be more flexible. However, hours are generally longer and working alone may mean that they will need more acquired skills for their business. Also there is no obligation when it comes to sharing profits. I have chosen to be a sole trader because as my business is small I feel like it would cause less complications then if I was to start as a partnership. Partnership A Partnership is where a business...
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...This case analysis will make a comparison between the “old and new world” within the wine industry and also use the five force model to analysis the structural soundness of the “new world” approach within the global wine industry. To compare the Old World to the New World in the wine industry it is best to look at the strengths and weaknesses of both segments. The Old World wine industry has years of experience to build on, an unique ability to cater to those who enjoy consuming wine that is handpicked, authentic to Europe and specific to certain regions. Strengths for the “old world” include first in industry with a consumer base already built up. Old World has no governmental regulations on the distribution process but government does play a role in the processing of their wine and this regulation creates a major weaknesses in comparison to the “new world”. The New World's strengths can be found in the fact that they are larger publicly traded firms that make use of technology and automation. Compared to the “old world” use of smaller family owned labor intensive processes, this use of technology allows them to both reduce costs and improve the quality of their product. Weaknesses however for the “new world” include their inability to keep up with premium...
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...Government Regulations Laws in the United States for mass production and commercial use of a drug are amongst the strictest and most costly to develop in the world. US demands for prescription drugs in 2009 was $300 billion, which was a massive 40% of the world population. In terms of strictness, drugs have to go through many tests by numerous regulatory agencies before getting approved for mass production. The self-diagnostic kit that tests for Influenza, Pink eye and Respiratory Syncytial Virus (RSV) has to be approved by the Food and Drug Administration (FDA), the Consumer Product Safety Commission (CPSC) and the Environmental Protection Agency (EPA). FDA; The obvious government regulation needed is the one from the Food and Drug Administration (FDA). Before any drug, or in our case a drug diagnostic kit, hits the market, it has to go through many trials and tests before it is approved. “As with all products regulated by FDA, rigorous reviews of laboratory and clinical data are needed to ensure the safety, efficacy, purity and potency of these products.” CLIA; Due to the fact that the self-diagnostic test is going to be a commercially used product for humans, it has to be approved by the Clinical Laboratory Improvement Amendments (CLIA), which are a part of the FDA. CLIA are federal regulatory standards in the United States created in 1988 for any laboratory tests that are performed on humans. One major competitor, QuickVue, which is a diagnostic for influenza A and...
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...enhance their performance. In 2012, Lance Armstrong was disqualified from seven races that he had won ten years before, all due to the United States Anti-Doping Agency confirming that he was doping- which is the term used to describe the act of doing steroids. Armstrong was stripped of all his medals and is one of many examples of a professional having their achievements taken away because of the use of steroids (Smith, 2012). Many people still believe that the use of steroids is wrong and gives the professional the upper hand over one who does not do steroids. At the end of the day you still have to have raw talent. An average Joe could not take steroids and then expect to go play in a Major League Baseball game. As with cigarettes and alcohol every individual should be able to decide what they want to responsibly put into their body. Steroids should be made legal for all individuals and the usage should be monitored by doctors. As stated above, any individual has to still possess the talent in the first place. There is a common misconception that steroids are making them “stars”. In all actuality it is only enhancing their ability to perform (Smith, 2012). Every single sports player takes extra steps to help themselves perform every day; for example, getting Lasik eye surgery done in order to have over 20/20 vision. While this may not be looked at as harmful, it is still a personal choice to enhance the body for the sake of the game. Someone out there does see this as harmful...
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...Business Entities, Laws, and Regulations Many factors must be taken into consideration when starting a business. Location, supplies, and financing are not the only required business planning to complete. Laws, regulations, taxation, and plausible liability situations must be well thought out in a business plan in order for the business to succeed. Entrepreneurs and business owners can spend years deciding the type of business or corporation, which suits their goals best. The following paragraphs contain example scenarios of bar and restaurant, extermination, and construction businesses. Each scenario will be broken down regarding the business entity, taxation and which laws and regulations best suited for each business. Restaurant/Bar Scenario The first case is two individuals, Lou and Jose, who plan to open a sports bar and restaurant. Their hope is to have clients enjoy good foods while possessing the ability to watch their favorite sporting events on large screened televisions. Lou and Jose do not have much for financing; however they have Miriam. She is a wealthy investor who will provide the needed capital to Lou and Jose but will not be available for the everyday decisions of the restaurant. At the end of each year, all three partners would file their own taxes. The appropriate business entity for this situation would be a partnership. Each individual would have an equal say in the decisions made for the restaurant, along with equal...
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...and Global Business Applications Introduction: The study of government regulation and the competitive environment for business is relevant to all those who study business. All business candidates need to understand how the competitive environment will impact their employers and businesses. Task: Write an essay (suggested length of 2–3 pages) that describes the relationship between regulation and market structures and how regulation affects the market. A. Define industrial (i.e., economic) regulation. Industrial Regulation happens when government commissions regulate the rates or prices of natural monopolies. 1. Explain why industrial regulation exists. In a market structure of perfect competition industrial regulation is not required because there is a lot of competition and this encourages competing industries to make good use of resources, also the price of their goods are determined by the price the market will bear and consumers benefit. Whereas in a monopolistic competition there exists a market structure that could allow competitive monopolies, duopolies, oligopolies, and monopolies to charge higher than competitive prices or the use inefficient use of resources and limited supplies, creating an environment that is not conducive to the benefit of the consumer. . (McConnell, Brue & Flynn, 2012) 2. Explain how industrial regulation affects the market. Industrial regulation affects the market by keeping prices for natural monopolies such as public...
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...ministers by January 1, 2019. The question is, however, whether this is the right path to choose and whether these regulations will be able to prevent the world from any future financial markets crisis. So far, the proposed numbers themselves could hardly be described as tough, as the bounce in bank shares testified. Also, it seems that many important issues are not being addressed at all. (Plenty) But what are the issues that should be addressed? What would be the ideal regulatory state and is it possible to ever achieve it? Let us, first, start with our idea of the “ideal” international financial regulatory plan. After having researched various proposals for the international financial markets regulations, we reached a conclusion that finding the ideal path is going to represent a very difficult task and that none proposed regulation will be able to fit all the states. As mentioned in the article “Financial regulation: More questions than answers” which was posted in Businessline in the end of July, due to the variations in institutional legacies, traditions and systems in individual countries over the world, no one size can fit all. Also, however, we believe that as far as financial stability is concerned within any kind of arrangement that is deemed fit in a particular country, there is no need for a central bank to have a lead role. (Opinion) Any regulations will then require a dispassionate assessment of the reasons for the current system’s failure. The complicated issues...
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...the financial accounting system. In response, the NYSE and the NASDAQ proposed increasingly stringent independence requirements, both for overall board membership and for the compensation and nominating committees. Congress passed the Sarbanes-Oxley Act, a group of amendments to existing securities laws intended to strengthen corporate governance and the financial reporting system. These proposals and laws augment existing exchange requirements for listed firms to have independent audit committees. When costly internal regulations that are not necessary for honest corporations are imposed on all corporations that are competitors, honest corporations do not gain a competitive advantage over those who have violated the law. In some situations these honest corporations could bear higher costs than do rogue corporations. Who then benefits from such rules? First, standardized rules make it easier for the regulators to supervise the corporate subjects of the regulation. Regulators include not only government regulators and examiners but also the internal police within large organizations-that is, compliance officers, comptrollers, and accountants. Second, generally applicable...
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