Sunday, February 23, 2020

Choose a good topic for me Essay Example | Topics and Well Written Essays - 250 words - 1

Choose a good topic for me - Essay Example Graph 2 compares the oil taxes and revenues gained from oil sale from the period of 2009 to 2013. In the period revenues gained from oil sale was an average of $966 billion yearly while average taxation was $1,082 billion every year. Moreover, the revenue received has to cater for oil transportation, exploration and transportation therefore; they can end up making losses under low oil prices. Graph 3 compares the annual taxes earned from each barrel of oil and taxes earned per each barrel in the same period. It is clear that an average oil export revenues for each barrel is $95 while the average taxes per barrel is $116. Thus, taxes impose a great burden on the consumer oil products prices. The country graph illustrates each country breakdown of each barrel of oil in the oil producing countries relative to their taxes. From the results, it is very evident that the greatest beneficiaries are the governments through taxation and if oil products were not heavily taxed, they would cost the consumer just a fraction of their prices. OPEC. (September, 2014). Who get what from imported oil? OPEC Annual Statistical Bulletin. Retrieved from

Friday, February 7, 2020

Business Ethics; Multinational Companies and child labour Essay

Business Ethics; Multinational Companies and child labour - Essay Example This change lowers the return to education and raises the opportunity cost of an education, thereby stimulating child labour†. According to the article 32 of The United Nations’ Convention on the Rights of the Child  in 1990, â€Å"the child to be protected from economic exploitation and from performing any work that is likely to be hazardous or to interfere with the childs education, or to be harmful to the childs health or physical, mental, spiritual, moral or social development† (All India council of human rights, n.d.). This report shall look into three core principles; 1)How child labour causes problems to the development of children? 2) Why organizations are keen in encouraging child labour? and 3)Why parents take child labour lightly? The case of Nike and Disney shall be discussed as case studies in conjunction with the child labour issue in this report since these companies have met with severe criticism related to its policies towards child labour in the past. â€Å"Nike has been accused of using child labour in the production of its soccer balls in Pakistan† (NIKE: Nike Shoes and Child Labor in Pakistan, n.d.). â€Å"Disneys best-selling  Cars  toys are being made in a factory in China that uses child labour and forces staff to do three times the amount of overtime allowed by law† (Disney, Mattel and Wal-mart toy-maker accused of child labour, 2013). All India council of human rights, N.d. Child labour laws and initiatives. [Online] Available at: http://www.humanrightscouncil.in/index.php/component/k2/item/124-child-labour-laws-and-initiatives [Accessed 20 January 2014] Brown, D.K., Deardorff, A.V. and Stern, R.M. 2002. The determinants of child labour: Theory And Evidence. [Online] Available at: http://www.fordschool.umich.edu/rsie/workingpapers/Papers476-500/r486.pdf [Accessed 20 January 2014] Disney, Mattel and Wal-mart toy-maker accused of