International Investing-DB3 Essay Example | Topics and Well Written Essays - 500 words

International Investing-DB3 - Essay Example Foreign direct investment is a market entry strategy that can be used to achieve market penetration into foreign locations. A foreign direct investment can be defined as a long term investment by a foreign direct investor in a firm resident in an economy other than the one in which the foreign direct investor is based (Kamal, 2011). For example if an American company starts a joint venture with a Canadian company that would be considered a foreign direct investment. In order for the United Nations to validate a foreign direct investment the investing company must purchase a controlling interest of at least 10%. A lot of countries depend on the capital foreign direct investment brings. In 2008 the amount of foreign direct investment worldwide was $1697 billion (Toscano, 2009). The implementation of foreign direct investment has several advantages. One of the greatest benefits of the use of foreign direct investment is that it benefits the local economy of the country receiving the inv estment. The economy benefits from the creation of jobs and from tax revenues for the local governments. Foreign direct investments are considered a durable type investment that will benefit the community in the long run (About, 2011).

Weeks vs. Southern Bell Research Paper Example | Topics and Well Written Essays - 1000 words

Weeks vs. Southern Bell - Research Paper Example Mrs. Weeks have also appealed that her employer, Southern Bell should return the position to Mrs. Weeks along with compensation for damages inflicted for the activities of discrimination of sex. Mrs. Weeks have also appealed for necessary action so that Southern Bell should refrain from such unlawful practices of employment in future. The detailed records of the case indicate that Mrs. Weeks had applied for the post of switchman in South Bell on 17th March, 1966. Southern Bell refused the application of Mrs. Weeks on 18th April, 1966 citing the reason that the position of switchman and the duties and responsibilities associated with the post is not fit for women. Post this refusal, Mrs. Weeks filed an unsworn charge with the Equal Employment Opportunities Commission and a representative of the Commission obtained a sworn charge from Mrs. Weeks on 30th July, 1966. The Commission carried out investigations on the charges brought about by Mrs. Weeks on her employer Southern Bell and fou nd there was no scope of judgment looking at the duties and responsibilities of switchman in the company that women are not fit for such positions (Staleup, 2005). On 19th April 1967, Mrs. Weeks was informed by the Commission that the conciliation procedure with Southern Bell has proved to be a failure and that Mrs. Weeks was provided a time period of 30 days to file the case against Southern Bell. The Commission appointed a counsel for Mrs. Weeks who filed the case against Southern Bell on her behalf on 18th May, 1967. In reply to this alleged unlawful practice of sex discrimination in the field employment in context to Mrs. Weeks, the company cross-appealed saying that as per the requirements of the code of law, there was no sworn charge filed by Mrs. Weeks within three months of the alleged unlawful practice. As per the codes of jurisdiction, the refusal of the application for employment occurred on 18th April, 1966 and that the sworn charge should be filed within 90 days, i.e. b y 30th July, 1966. The company highlighted that there was error on the part of the District Court to overrule this aspect and based on these points, the company applied for dismissal of the charges filed by Mrs. Weeks against them. The District Court validated the actions of the commission in this case saying that the amendments allow the Commission to charge cases filed beyond the time period of 90 days. The District also emphasized that irrespective of whether its is a sworn charge, any written complaint against the offender or the employer by their employee or the victim that identifies the parties involved in the case and the alleged unlawful practices subject to court’s judgment is deemed to be valid under the codes of jurisdiction. Southern Bell has held the view that that Commission only has the right to receive complaints from the aggrieved parties and take part in the administrative processes and not in any juridical process. Thus the commission has the right to take part in the process of settlement through conciliation, conference, etc. The Commission has no power to enforce juridical matters as it has done through engagement of the counsel on behalf of Mrs. Weeks (Robertson, 2006). In the context of this case, the legislative history is, however, silent on the matter regarding the requirement of the charges to be filed by the aggrieved parties. The charge irrespective of its nature whether it is a written complaint or sworn charge is viewed to be the stimulant that initiates the proceedings against the alleged lawful practices like the case of sex based discrimination of employment