WRITING HISTORY Essay Example | Topics and Well Written Essays - 500 words

WRITING HISTORY - Essay Example This was seen as a breakthrough in the rather fraught racial history that had galvanized America since its inception. Who would think of the election two years back? The election of Obama is historical as it opened a chance and possibilities for the country and the world in general. This was a defining moment for America as people even outside America changed their general perception about the Americans. Additionally, the election of Obama in the November 4th polls was a peak point for the electoral process in the US hence being a trademark for the post-civil rights revolution (CNN, 2010). Thus, historically, it can be affirmed that the significance is big. This was no more the republican versus the democrat dialogue but more of the moment when the struggles of the black will be alleviated. This in essence was unprecedented victory that blew away the 400 years of black slavery as well as legal segregation and institutional racism that has over time shadowed the progress and gains mad e by the American populace (CNN, 2010). The other historical event can be alluded to be the 2008 global recession that had wide impacts in terms of financial crisis since the Great Depression of 1929-30 (CNN, 2010). Early 2008, there were signs of serious crisis in the offing. This would be marked by the sharp drop in the profits that were made by Citigroup bank and consequently a fall on the New York Stock Exchange. This would then be followed by very sharp fall in share prices in all the major world markets. Massive losses would then be registered by American and European banks in the end of 2007 financial year (CNN, 2010). The following months would then witness the bankruptcy of Lehman Brothers, the take-over of Merrill Lynch and Goldman Sacks and Morgan Stanley moving to seek banking status so as to be protected from any form of bankruptcy. This recession was historical as it called for desperate measures in the extra-ordinary times, with the US employing the most

A research paper about business ethics Essay Example | Topics and Well Written Essays - 2000 words

A research paper about business ethics - Essay Example Behaviors of organizational members also depend on the company’s ethics. In the present business environment business ethics has become a very important issue. Various new trends and processes are incorporated in businesses for enhancing their values. For performing business functions effectively organizations give importance on ethical behavior of its employees. This helps the organizations in avoiding various legal issues and enhancing their brand reputation. With the change in business environment, ethics of companies have experienced lots of changes. These changed ethical policies and practices facilitate the companies in holding their position in competitive business environment. In this essay new trends in business ethics will be discussed in detailed way. For explaining the new trends, traditional business policies and its issues will also be highlighted in this essay. The concept of business ethics was developed long back. Around 1970s companies started focusing on establishing various policies and principles ethics. Earlier the companies only believed in the concept on money making. They were not concerned about people, environment and society. As a result the rules and principles of the business were developed in such a way which helped them to archive the money making objectives of businesses. Earlier for enhancing the profitability and revenues most of the companies were involved in performing many immoral activities. That time ethical policies and practices were only implemented by religious organizations. Persons conducting business activities were not concerned about business ethics. The term business ethics was originated in USA (Lencioni 67). People were getting tortured in the name of business. So certain ethical policies and practices were established in business for conducting trade ethically. Traditional business ethics principles an d policies influenced the companies in developing strict