Key Features of Utilitarianism Essay - 1189 Words

Examine the key features of utilitarianism (21) The theory of Utilitarianism is based on the concept of utility, a theory of usefulness. Utilitarianism is a system of morality that generates us with what the most useful thing to do in different situations and outcomes. Different Utilitarian approaches to morality have emerged each with their own theory of good and community of concerning individuals. Featuring the main influential contributors to this theory are Jeremy Bentham and John Stuart Mill. There are two types of theories, teleological and deontological theories. Firstly for the teleological theory, you would consider the ends, or the outcomes of your decision. It considers whether it is right or wrong depending on the different†¦show more content†¦This suggestion will only help the majority and no the minority. It doesn’t give any protection to the minority, for example the sadistic guards, where the guards gain pleasure from torturing and the helpless prisoner gets pain but there are a higher number of guards comparing to one prisoner. So is it correct to say that what the guards are doing is right? For the calculas, what if someone doesn’t have all the available information for every 7 factors? Will the calculus still be put to use? There’s absolutely no guarantee in predicting the future because everyone is different. Each person has different views even if it’s on the same subject. The calculus is obviously flawed. J. S. Mill on the other hand, felt that Bentham had made a mistake in his assessment of what human beings desired the most. Mill thought that what was more important was that happiness will be most affectively gained when individuals seek their own needs. Mill knows that Bentham’s theory is based on quantitative level and that’s where he saw upcoming errors where human behaviours react to different things change everything. So, instead of focusing on quantity, Mill focuses on the qualitativeShow MoreRelatedKey Features of Utilitarianism868 Words   |  4 PagesKey Features of utilitarianism and its weaknesses. The Theory of Utilitarianism comes from its name from the Latin word ‘Utilis’, meaning ‘useful’. It was first developed by Jeremy Bentham, Philosopher and legal theorist of the 18th century. Bentham produced a modern approach of morality which would suit the changing world of the industrial age. This was also the era of enlightenment. Utilitarianism can be regarded as a consequentialist and teleological system of ethics, providing no strict moralRead MoreThe Moral Philosophy Of The Mercedes Benz Executive Christoph Von Hugo Essay1523 Words   |  7 Pageslife of a pedestrian given those as the only two options. In this paper, I will describe Jeremy Bentham’s moral philosophy of utilitarianism and why he would be in support of this statement; I will also briefly explain Emanuel Kant’s moral theory and why he would be in support of this statement as well. First I will start by explaining Bentham’s version of utilitarianism. This view of morality is based on the principle of utility, the idea that an act is right when it maximizes happiness and minimizesRead MoreEthics Vs. Kantian Ethics1249 Words   |  5 Pagesuniversal questions. Beyond answers, philosophers explored schools of thought that would best govern human decision making. Two prominent ethical theories that arose were utilitarianism and deontological ethics. Both ethical theories developed to establish and justify a set of different moral rules and principles. Utilitarianism, otherwise known as consequentialism, is an ethical theory that sees the best moral decision is one that maximizes utility, which implies that no moral decision is intrinsicallyRead MoreUtilitarianism in Government1653 Words   |  7 PagesIn its political philosophy utilitarianism provides an alternative to theories of natural law and the social contract by basing the authority of government and the sanctity of individual rights upon their utility, or measure of happiness gained. As an egalitarian doctrine, where everyone’s happiness counts equally, the rational, relatively straightforward nature of utilitarianism offers an attractive model for democratic government. It offers practical methods for deciding the morally right courseRead More Utilitarianism Essay examples1220 Words   |  5 PagesThis essay will present the key features of Utilitarianism and identify the problems of Utilitarianism to the extent to which they make Utilitarianism unacceptable. Jeremy Bentham founded Utilitarianism. He lived at a time of great change. With revolutions in France and America, demands were being made for human rights and greater democracy. Bentham worked on legal reform. Utilitarianism is associated with the principle of utility. Utility means the amount of satisfaction orRead MoreCompare Utilitarianism with the religion that you have studiedUtilitarianism VS Christianity684 Words   |  3 PagesCompare Utilitarianism with the religion that you have studied Utilitarianism VS Christianity BASIC MAXIM – â€Å"THE GREATEST HAPPINESS FOR THE GREATEST NUMBER† JEREMY BENTHAM – Act Utilitarianism (each action should be judged on its ability to bring about the greatest happiness for the greatest number) - Devised principle of utility - Established a hedonic calculus to measure pleasure/pain brought about by each action. JOHN STUART MILL – Rule Utilitarianism (rulesRead MoreUtilitarianism And Out Of All By Jeremy Bentham And John Stuart Mill1513 Words   |  7 PagesIntroduction With the passage of time, new ideas emerge and there is always a new way of looking into things thus developing new epistemologies. Utilitarianism is one of the ways of looking at things, there were and are many thinkers of utilitarianism and out of all the thinkers Jeremy Bentham and John Stuart Mill were the key thinkers or the classical utilitarians. Mill (as cited in Mulgan, 2007) states, â€Å"actions are right in proportion as they tend to produce the reverse of happiness. By happinessRead MoreKant s Powerful Reasoning For Moral Atrocities1525 Words   |  7 Pagesthis paper i will argue that Kantian reasoning provides the most powerful understanding of how to assess and navigate moral dilemmas concerning atrocities when compared to Utilitarianism. In order to effectively do so, i will be using a case by Bernard Williams. The case by Williams in â€Å"A critique of Utilitarianism,† is as followed. Jim is in a small South American town where he finds a band of armed men holding twenty indians hostaged. Pedro, the man in charge, explains that because ofRead MoreAristotle And Kant s Theory Of Justice1327 Words   |  6 Pagesdefined principles of morality. Modern philosopher Michael J. Sandel provides a detailed analysis of each theory in his book Justice: What’s the Right Thing to do? Although the key features of Aristotle’s and Kant’s theories are mostly different in nature, there are also some key similarities between the two. The first key difference, and perhaps the most striking one, between these two philosophers’ theories is what each defines as the basis for the morality of an action. In Aristotle’s theory ofRead MoreNew Technology : Invade Privacy Or Prevent Terrorist Attack?870 Words   |  4 Pagesinvading our privacy. However, the ISIS turned to use the cross-platform instant messaging (IM) software, â€Å"Telegram†, to communicate after Twitter closed most of their accounts. Also, Telegram officially declared their software has the powerful security features, and the contents of the communication will not be easy to crack. Therefore, it is difficult to make the FBI both protect personal safety and privacy of the people in this situation. Moreover, I believe National security is more important than personal

Key Features of Utilitarianism Essay - 1189 Words

Examine the key features of utilitarianism (21) The theory of Utilitarianism is based on the concept of utility, a theory of usefulness. Utilitarianism is a system of morality that generates us with what the most useful thing to do in different situations and outcomes. Different Utilitarian approaches to morality have emerged each with their own theory of good and community of concerning individuals. Featuring the main influential contributors to this theory are Jeremy Bentham and John Stuart Mill. There are two types of theories, teleological and deontological theories. Firstly for the teleological theory, you would consider the ends, or the outcomes of your decision. It considers whether it is right or wrong depending on the different†¦show more content†¦This suggestion will only help the majority and no the minority. It doesn’t give any protection to the minority, for example the sadistic guards, where the guards gain pleasure from torturing and the helpless prisoner gets pain but there are a higher number of guards comparing to one prisoner. So is it correct to say that what the guards are doing is right? For the calculas, what if someone doesn’t have all the available information for every 7 factors? Will the calculus still be put to use? There’s absolutely no guarantee in predicting the future because everyone is different. Each person has different views even if it’s on the same subject. The calculus is obviously flawed. J. S. Mill on the other hand, felt that Bentham had made a mistake in his assessment of what human beings desired the most. Mill thought that what was more important was that happiness will be most affectively gained when individuals seek their own needs. Mill knows that Bentham’s theory is based on quantitative level and that’s where he saw upcoming errors where human behaviours react to different things change everything. So, instead of focusing on quantity, Mill focuses on the qualitativeShow MoreRelatedKey Features of Utilitarianism868 Words   |  4 PagesKey Features of utilitarianism and its weaknesses. The Theory of Utilitarianism comes from its name from the Latin word ‘Utilis’, meaning ‘useful’. It was first developed by Jeremy Bentham, Philosopher and legal theorist of the 18th century. Bentham produced a modern approach of morality which would suit the changing world of the industrial age. This was also the era of enlightenment. Utilitarianism can be regarded as a consequentialist and teleological system of ethics, providing no strict moralRead MoreThe Moral Philosophy Of The Mercedes Benz Executive Christoph Von Hugo Essay1523 Words   |  7 Pageslife of a pedestrian given those as the only two options. In this paper, I will describe Jeremy Bentham’s moral philosophy of utilitarianism and why he would be in support of this statement; I will also briefly explain Emanuel Kant’s moral theory and why he would be in support of this statement as well. First I will start by explaining Bentham’s version of utilitarianism. This view of morality is based on the principle of utility, the idea that an act is right when it maximizes happiness and minimizesRead MoreEthics Vs. Kantian Ethics1249 Words   |  5 Pagesuniversal questions. Beyond answers, philosophers explored schools of thought that would best govern human decision making. Two prominent ethical theories that arose were utilitarianism and deontological ethics. Both ethical theories developed to establish and justify a set of different moral rules and principles. Utilitarianism, otherwise known as consequentialism, is an ethical theory that sees the best moral decision is one that maximizes utility, which implies that no moral decision is intrinsicallyRead MoreUtilitarianism in Government1653 Words   |  7 PagesIn its political philosophy utilitarianism provides an alternative to theories of natural law and the social contract by basing the authority of government and the sanctity of individual rights upon their utility, or measure of happiness gained. As an egalitarian doctrine, where everyone’s happiness counts equally, the rational, relatively straightforward nature of utilitarianism offers an attractive model for democratic government. It offers practical methods for deciding the morally right courseRead More Utilitarianism Essay examples1220 Words   |  5 PagesThis essay will present the key features of Utilitarianism and identify the problems of Utilitarianism to the extent to which they make Utilitarianism unacceptable. Jeremy Bentham founded Utilitarianism. He lived at a time of great change. With revolutions in France and America, demands were being made for human rights and greater democracy. Bentham worked on legal reform. Utilitarianism is associated with the principle of utility. Utility means the amount of satisfaction orRead MoreCompare Utilitarianism with the religion that you have studiedUtilitarianism VS Christianity684 Words   |  3 PagesCompare Utilitarianism with the religion that you have studied Utilitarianism VS Christianity BASIC MAXIM – â€Å"THE GREATEST HAPPINESS FOR THE GREATEST NUMBER† JEREMY BENTHAM – Act Utilitarianism (each action should be judged on its ability to bring about the greatest happiness for the greatest number) - Devised principle of utility - Established a hedonic calculus to measure pleasure/pain brought about by each action. JOHN STUART MILL – Rule Utilitarianism (rulesRead MoreUtilitarianism And Out Of All By Jeremy Bentham And John Stuart Mill1513 Words   |  7 PagesIntroduction With the passage of time, new ideas emerge and there is always a new way of looking into things thus developing new epistemologies. Utilitarianism is one of the ways of looking at things, there were and are many thinkers of utilitarianism and out of all the thinkers Jeremy Bentham and John Stuart Mill were the key thinkers or the classical utilitarians. Mill (as cited in Mulgan, 2007) states, â€Å"actions are right in proportion as they tend to produce the reverse of happiness. By happinessRead MoreKant s Powerful Reasoning For Moral Atrocities1525 Words   |  7 Pagesthis paper i will argue that Kantian reasoning provides the most powerful understanding of how to assess and navigate moral dilemmas concerning atrocities when compared to Utilitarianism. In order to effectively do so, i will be using a case by Bernard Williams. The case by Williams in â€Å"A critique of Utilitarianism,† is as followed. Jim is in a small South American town where he finds a band of armed men holding twenty indians hostaged. Pedro, the man in charge, explains that because ofRead MoreAristotle And Kant s Theory Of Justice1327 Words   |  6 Pagesdefined principles of morality. Modern philosopher Michael J. Sandel provides a detailed analysis of each theory in his book Justice: What’s the Right Thing to do? Although the key features of Aristotle’s and Kant’s theories are mostly different in nature, there are also some key similarities between the two. The first key difference, and perhaps the most striking one, between these two philosophers’ theories is what each defines as the basis for the morality of an action. In Aristotle’s theory ofRead MoreNew Technology : Invade Privacy Or Prevent Terrorist Attack?870 Words   |  4 Pagesinvading our privacy. However, the ISIS turned to use the cross-platform instant messaging (IM) software, â€Å"Telegram†, to communicate after Twitter closed most of their accounts. Also, Telegram officially declared their software has the powerful security features, and the contents of the communication will not be easy to crack. Therefore, it is difficult to make the FBI both protect personal safety and privacy of the people in this situation. Moreover, I believe National security is more important than personal

Key Features of Utilitarianism Essay - 1189 Words

Examine the key features of utilitarianism (21) The theory of Utilitarianism is based on the concept of utility, a theory of usefulness. Utilitarianism is a system of morality that generates us with what the most useful thing to do in different situations and outcomes. Different Utilitarian approaches to morality have emerged each with their own theory of good and community of concerning individuals. Featuring the main influential contributors to this theory are Jeremy Bentham and John Stuart Mill. There are two types of theories, teleological and deontological theories. Firstly for the teleological theory, you would consider the ends, or the outcomes of your decision. It considers whether it is right or wrong depending on the different†¦show more content†¦This suggestion will only help the majority and no the minority. It doesn’t give any protection to the minority, for example the sadistic guards, where the guards gain pleasure from torturing and the helpless prisoner gets pain but there are a higher number of guards comparing to one prisoner. So is it correct to say that what the guards are doing is right? For the calculas, what if someone doesn’t have all the available information for every 7 factors? Will the calculus still be put to use? There’s absolutely no guarantee in predicting the future because everyone is different. Each person has different views even if it’s on the same subject. The calculus is obviously flawed. J. S. Mill on the other hand, felt that Bentham had made a mistake in his assessment of what human beings desired the most. Mill thought that what was more important was that happiness will be most affectively gained when individuals seek their own needs. Mill knows that Bentham’s theory is based on quantitative level and that’s where he saw upcoming errors where human behaviours react to different things change everything. So, instead of focusing on quantity, Mill focuses on the qualitativeShow MoreRelatedKey Features of Utilitarianism868 Words   |  4 PagesKey Features of utilitarianism and its weaknesses. The Theory of Utilitarianism comes from its name from the Latin word ‘Utilis’, meaning ‘useful’. It was first developed by Jeremy Bentham, Philosopher and legal theorist of the 18th century. Bentham produced a modern approach of morality which would suit the changing world of the industrial age. This was also the era of enlightenment. Utilitarianism can be regarded as a consequentialist and teleological system of ethics, providing no strict moralRead MoreThe Moral Philosophy Of The Mercedes Benz Executive Christoph Von Hugo Essay1523 Words   |  7 Pageslife of a pedestrian given those as the only two options. In this paper, I will describe Jeremy Bentham’s moral philosophy of utilitarianism and why he would be in support of this statement; I will also briefly explain Emanuel Kant’s moral theory and why he would be in support of this statement as well. First I will start by explaining Bentham’s version of utilitarianism. This view of morality is based on the principle of utility, the idea that an act is right when it maximizes happiness and minimizesRead MoreEthics Vs. Kantian Ethics1249 Words   |  5 Pagesuniversal questions. Beyond answers, philosophers explored schools of thought that would best govern human decision making. Two prominent ethical theories that arose were utilitarianism and deontological ethics. Both ethical theories developed to establish and justify a set of different moral rules and principles. Utilitarianism, otherwise known as consequentialism, is an ethical theory that sees the best moral decision is one that maximizes utility, which implies that no moral decision is intrinsicallyRead MoreUtilitarianism in Government1653 Words   |  7 PagesIn its political philosophy utilitarianism provides an alternative to theories of natural law and the social contract by basing the authority of government and the sanctity of individual rights upon their utility, or measure of happiness gained. As an egalitarian doctrine, where everyone’s happiness counts equally, the rational, relatively straightforward nature of utilitarianism offers an attractive model for democratic government. It offers practical methods for deciding the morally right courseRead More Utilitarianism Essay examples1220 Words   |  5 PagesThis essay will present the key features of Utilitarianism and identify the problems of Utilitarianism to the extent to which they make Utilitarianism unacceptable. Jeremy Bentham founded Utilitarianism. He lived at a time of great change. With revolutions in France and America, demands were being made for human rights and greater democracy. Bentham worked on legal reform. Utilitarianism is associated with the principle of utility. Utility means the amount of satisfaction orRead MoreCompare Utilitarianism with the religion that you have studiedUtilitarianism VS Christianity684 Words   |  3 PagesCompare Utilitarianism with the religion that you have studied Utilitarianism VS Christianity BASIC MAXIM – â€Å"THE GREATEST HAPPINESS FOR THE GREATEST NUMBER† JEREMY BENTHAM – Act Utilitarianism (each action should be judged on its ability to bring about the greatest happiness for the greatest number) - Devised principle of utility - Established a hedonic calculus to measure pleasure/pain brought about by each action. JOHN STUART MILL – Rule Utilitarianism (rulesRead MoreUtilitarianism And Out Of All By Jeremy Bentham And John Stuart Mill1513 Words   |  7 PagesIntroduction With the passage of time, new ideas emerge and there is always a new way of looking into things thus developing new epistemologies. Utilitarianism is one of the ways of looking at things, there were and are many thinkers of utilitarianism and out of all the thinkers Jeremy Bentham and John Stuart Mill were the key thinkers or the classical utilitarians. Mill (as cited in Mulgan, 2007) states, â€Å"actions are right in proportion as they tend to produce the reverse of happiness. By happinessRead MoreKant s Powerful Reasoning For Moral Atrocities1525 Words   |  7 Pagesthis paper i will argue that Kantian reasoning provides the most powerful understanding of how to assess and navigate moral dilemmas concerning atrocities when compared to Utilitarianism. In order to effectively do so, i will be using a case by Bernard Williams. The case by Williams in â€Å"A critique of Utilitarianism,† is as followed. Jim is in a small South American town where he finds a band of armed men holding twenty indians hostaged. Pedro, the man in charge, explains that because ofRead MoreAristotle And Kant s Theory Of Justice1327 Words   |  6 Pagesdefined principles of morality. Modern philosopher Michael J. Sandel provides a detailed analysis of each theory in his book Justice: What’s the Right Thing to do? Although the key features of Aristotle’s and Kant’s theories are mostly different in nature, there are also some key similarities between the two. The first key difference, and perhaps the most striking one, between these two philosophers’ theories is what each defines as the basis for the morality of an action. In Aristotle’s theory ofRead MoreNew Technology : Invade Privacy Or Prevent Terrorist Attack?870 Words   |  4 Pagesinvading our privacy. However, the ISIS turned to use the cross-platform instant messaging (IM) software, â€Å"Telegram†, to communicate after Twitter closed most of their accounts. Also, Telegram officially declared their software has the powerful security features, and the contents of the communication will not be easy to crack. Therefore, it is difficult to make the FBI both protect personal safety and privacy of the people in this situation. Moreover, I believe National security is more important than personal

Definitions of Autobiographical Narrative Essay Topics

Definitions of Autobiographical Narrative Essay Topics Whispered Autobiographical Narrative Essay Topics Secrets Don't neglect to describe, in as much detail as possible, any other folks in the incident. While, you're probably learn very little on the best way to compose an autobiographical narrative essay, you will save yourself time, avoid frustration, and have the help of an expert writer to acquire the business done for you. Clearly, his attention will surely be drift after a couple of hours. At the moment, however, it seemed infinite. Frequently university entrance autobiographical essay plays an essential part in whether a student is going to be accepted. It's expensive to raise a kid and a few parents are selecting to enhance their economic status rather than have another child. Students learn how to write effectively when they write more frequently. Some students utilize the very first idea which arrives in their head and work on it, but the outcome isn't profitabl e. An essay might be a reflection of the author's views and individual values, molded in the sort of a story. The reader needs to be in a position to gather that what it is you're writing about it meaningful to you. Don't forget to use vibrant details to demonstrate your readers the full setup. Don't attempt to compose the very best article or story on earth. A narrative essay is permissive in terms of picking the topic. Autobiographical essay is thought to be quite an easy job. Your autobiographical essay should have a personal touch. Writing a superb narrative essay is dependent mostly on the subject you chose. What to Expect From Autobiographical Narrative Essay Topics? The principal characteristic of an autobiographical narrative is the fact that it has a particular plot, rather than being a true list of everything that the author experienced. Make sure you edit your script a few times after you've finished it. Though the author can choose to compose her autobiographical narrative at any certain moment, and usually does after a function that marked her as an individual, an autobiography is most frequently written nearer the conclusion of an individual's life. Try out writing synopsis sentences and make a timeline for each one of the characters to check continuity. The maximum point in the creation of the plot is known as the climax. What a means to introduce the major character! Think up the sort of character you desire. The principle characters work hard to self-sabotage at each turn, and sometimes the book is genuinely unreadable. What the In-Crowd Won't Tell You About Autobiographical Narrative Essay Topics Narrative essays are some of the the most common kinds of writing assignments--and not just in freshman composition courses. Thesis work framework is rigidly written in addition to putting into the form of a desk of contents. In a few simple steps, you can offer all pertinent information our authors might want to make a magnificent paper for you. Narrative essays serve broad range of purposes. Type of Autobiographical Narrative Essay Topics Writing about people from their family is something they will do with lots of enthusiasm. Remember you have seen and felt something in real and the sole means to let others do the exact sa me is to use the correct words. The exact same thing goes with writing. There are a lot of things worth sharing. Narrative writing is a kind of writing that doesn't require the writer to conduct any type of background research. Blogging proved to be a creative acteven curating by reblogging somebody else's post proved to be a creative act, in case you squinted. A writer needs to be in a place to help the reader understand how a specific event sounded and even in a number of the cases felt to the touch. No one could ever know you've ordered your prize-winning paper online. The Key to Successful Autobiographical Narrative Essay Topics If you're seeking to employ a person to help to your autobiographical narrative essay, it is an excellent place to start with asking your peers and friends. Every individual's life is going to have a story. Naturally, the family isn't the only choice. The train of thought is also an additional indication that the story comes out of a kid. Th ere are several types of essays, and following is a brief explanation of some of them. There's no introduction and conclusion, but still there are specific requirements that need to be observed. Therefore, to write a great essay you've got to brainstorm all thoughts concerning your life experiences. Though most of my career choices appear to have been based on financial concerns I would need to agree in part with Supers assertion that the selection of an occupation for someone is an endeavor by that person to actualise a specific self image (Guichard, 2001). The author should find because many similarities and differences as possible so he'll want to do a little bit of research. Guidelines to writing the autobiographical story include a crystal clear and concise approach to a certain element of your life. A narrative ought to have a purpose as its foundation. In order to be sure your autobiography complies with requirements you should certainly search for autobiographical essay example that you can discover online. Before you commence writing your autobiography you've got to make sure it is going to be well structured. Autobiographical essay is a brief composition on the life span of the author. Although autobiographical essays may be an abbreviated overview of a whole life, they normally concentrate on a specific accomplishment or experience. Writing autobiographical essay demands certain essay abilities. Readers should have the ability to learn something new from the narrative and you've got to affect it with flamboyant writing. In both instances, the author includes tidbits about her or his life.

European Union Essay Research Paper EU CrisisSpring free essay sample

European Union Essay, Research Paper EU Crisis Spring 1999 was supposed to be the European Union # 8217 ; s finest hr, as its Economic and Monetary Union eventually got underway. Alternatively, the brotherhood was thrown into convulsion. After a vituperative study proposing corruptness and misdirection in the European Commission, all 20 commissioners were forced to step down. At the same clip dialogues to reform the EU budget were deadlocked, endangering ambitious programs to take in new members from Eastern Europe. It took a meeting of the EU caputs of province and authorities at the Berlin acme on 24-25 March to decide the crisis. EU Budget discovery After 20 hours of non-stop dialogues at the Berlin acme, EU leaders agree on budget reforms # 8211 ; but they are less drastic than originally envisaged. The EU budget via media reached in Berlin is an intricate Numberss game, hammered out in 20 hours of non-stop negotiations. The reforms are non every bit extremist as many politicians had called for. We will write a custom essay sample on European Union Essay Research Paper EU CrisisSpring or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Several states fought hard to protect their portion of EU money and, as all budget determinations have to be consentaneous, they could hold vetoed any trade traveling against them. In typical EU manner, the via media budget is mixture of give and take, but there are some clear victors and also-rans. As the Sun rose over Berlin, a via media was eventually foundMost consumers populating in the European Union should be among the victors, as the monetary value of many nutrients could fall in the coming old ages. Spain, Greece, Portugal and France did rather nicely, supporting their portion of EU subsidies. The large also-ran is Germany. The host authorities tried to acquire its EU payments reduced by 3bn euros, but for the negotiations to win the Germans had to settle for a cut of merely 700m euros. Austria, Sweden and the Netherlands are the other large subscribers to the EU # 8217 ; s caissons and they did non accomplish the large cuts they hoped for either. Italy could shortly go one of the large Spenders. In two old ages new regulations for ciphering each state # 8217 ; s budget portion will aggressively drive up the size of Italy # 8217 ; s parts. The Union # 8217 ; s purposes and chances During its brief history, the European Union has grown greatly in footings of the country it covers # 8211 ; it now Numberss 15 Member States # 8211 ; its political significance and its establishments. The establishing Treaties have been revised three times: in 1987 ( the Single Act ) , in 1992 ( the Treaty on European Union ) and in 1997 ( the bill of exchange Treaty of Amsterdam ) . The ultimate end of the European Union is # 8220 ; an of all time closer brotherhood among the peoples of Europe, in which determinations are taken every bit closely as possible to the citizen # 8221 ; ; the aim is to advance economic and societal advancement which is balanced and sustainable, asseverate the European individuality on the international scene and present a European citizenship for the subjects of the Member States. The European Union has its ain flag, its ain anthem and celebrates Europe Day on 9 May. The Union # 8217 ; s chief aims for the approaching old ages are: othe execution of the Treaty of Amsterdam ( which contains new rights for citizens, freedom of motion, employment, beef uping the establishments ) oenlargement of the EU, to take in the applicant states from cardinal and eastern Europe ( Agenda 2000 ) othe launching of the euro. Citizens rights The European Union has bit by bit been confabulating on people new rights which can be upheld by national tribunals and by the European Court of Justice. These rights, which have ever been regarded by the Court of Justice as general rules that the European establishments were bound by, were written into the Treaty at assorted phases, reflecting the development of Union activities. The Treaty of Rome began by criminalizing favoritism based on nationality in affairs connected with the free motion of workers. Subsequently three other instruments – the Single Act ( 1987 ) and the Maastricht ( 1992 ) and Amsterdam ( 1997 ) Treaties – added further rights which can be divided into three major classs: 1.Fundamental rights 2.Rights inherent in freedom of motion 3.Individual democratic rights It is indispensable for the democratic development of the European Union that the rights enjoyed by all people and by European citizens in peculiar be upheld. In add-on to these formal rights, it should be added that the Amsterdam Treaty implicitly acknowledges that Europeans are entitled to anticipate the Union to move in affairs which concern them. Statisticss The mission of Eurostat, the Statistical Office of the European Communities in Luxembourg, is to supply the European Union with a high-quality statistical service. Eurostat receives statistical informations, collected harmonizing to unvarying regulations, from the national statistical institutes of the EU Member States. It so consolidates and harmonises the informations, before doing them available to the populace in the signifier of printed or electronic publications or imperativeness releases. The informations are straight available from the Data Shop web and from EUR-OP distribution webs. Publications, Databases and Documents General information about the European Union is available as free of charge publications. The Official Journal, other official paperss, specialised publications and databases turn toing professional demands, can be ordered from EUR-OP. All these information beginnings can besides be consulted in the relays and webs created in each Member State and several foreign states. The 15 Member States In the beginning they were six. Then nine, ten, 12 and today 15 European states bound together to organize the European Union. Fifteen different states determined to determine their hereafter closely together. Governments online provides links to their public web waiters. ABOUT THE FLAG Introduction The purpose of this papers is to assist those who use the European emblem to reproduce it right. The papers contains the basic regulations for the building of the emblem every bit good as the criterion colors to be used. SYMBOLIC DESCRIPTION Against the background of bluish sky, twelve aureate stars form a circle, stand foring the brotherhood of the peoples of Europe. The figure of stars is invariable, twelve being the symbol of flawlessness and entireness. HERALDIC DESCRIPTION On a field cerulean a circle of 12 mullets or, their points non touching. GEOMETRIC DESCRIPTION The emblem is in the signifier of a bluish rectangular flag of which the fly is one and a half times the length of the hoist. Twelve gold stars situated at equal intervals form an unseeable circle whose Centre is the point of intersection of the diagonals of the rectangle. The radius of the circle is equal to tierce of the tallness of the hoist. Each of the stars has five points which are situated on the perimeter of an unseeable circle whose radius is equal to one-eighteenth of the tallness of the hoist. All the stars are unsloped # 8211 ; that is to state, with the one point perpendicular and two points in a consecutive line at right angles to the mast. The circle is arranged so that the stars appear in the place of the hours on the face of a clock. Their figure is invariable. REGULATION COLOURS The emblem is in the undermentioned colors: PANTONE REFLEX BLUE for the surface of the rectangle ; PANTONE YELLOW for the stars. The international PANTONE scope is really widely available and easy accessible even for non-professionals.

What is corporate governance

Corporate governance refers to a system that enables us to control and direct organisations. The IUFC defines corporate governance as â€Å"the relationships among the management, Board of Directors, controlling shareholders, minority shareholders, and other shareholders† (IFC 1).Advertising We will write a custom essay sample on What is corporate governance? specifically for you for only $16.05 $11/page Learn More While the traditional definition of corporate governance recognizes the existence and significance of the terms â€Å"other stakeholders†, however, there is still a lot of debate on the kind of relationship between on the one hand, self-serving managers and on the other hand, disconnected owners (Applied Corporate Governance para. 2). Corporate governance consists of two key components: The long-term relationship between the management and owners of a firm and the incentives for managers, checks and balances, as well as communic ation between investors and the management; Transactional relationships that include issues of authority and disclosure. What the above two elements appears to suggest is that business owners are suspicious of the activities of their managers, as explained by the need for checks and balances. In addition, both the management and investors share an adversarial relationship. Corporate governance consists of five components that are worth of consideration by both investors and the management. They include the long-term strategic goals of an organisation, customers, the environment, employees, and regulatory/legal compliance (Applied Corporate Governance para. 5). As such, corporate governance can be thought of as a culture that is founded on strong business ethics. Corporate governance enables managers of a firm to fulfill the long-term strategic goals of the shareholders. In the process of fulfilling such goals, there is need to also consider that the expectations of the various stak eholders of the organisation (Kirkpatrick 6). Therefore, the past, present and future interests of employees at the firm need to be addressed. In addition, the management should endevour to enhance excellent relationships with both suppliers and customers. At the same time, the needs and interests of the local community should also be fulfilled. Importance of corporate governance Globalisation has seen organisations becoming more complex as most of them have increased in terms of size and scale of trade. As a result, most organisations have ended up with a very bureaucratic structure as they try to manage the emerging complexity (Applied Corporate Governance para. 5). This has led to an augmentation of the importance of internal regulation and corporate governance owing to the increased difficulty of regulating organisations externally.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Many o rganisations view corporate governance as an important undertaking when it comes to the issue of integrity. Shareholders and the general public would want to be associated with an organisation that is led by leaders with integrity (Kirkpatrick 9). In this respect, corporate governance acts as a vital tool for measuring, encouraging, and projecting integrity within the organisation. Corporate governance in an organisation is also important in as far as the bonus culture is concerned. The recent financial crisis helped to reveal the system of remuneration and bonuses operated by many financial institutions. There is a widely held argument that this system of remuneration and bonuses encouraged irresponsible lending and excessive risk taking by financial institutions, thereby triggering the global financial crisis (Applied Corporate Governance para. 6). Ideally, the existence of a better checks and balances system would have sounded warning bells before it was too late. A number of fin ancial experts outside the financial systems who were privy to the dangerous levels of lending practiced by many financial institutions had tried to raise an alarm but in the absence of a sound system of corporate governance, it was hard to ascertain these allegations. In this case, sound corporate governance practices would have helped to contain the situation. Indeed, weaknesses and failures in corporate governance arrangements played a key role in the financial crisis experienced by financial institutions. Good corporate governance offers the right incentives for both the management and the Board of Directors to pursue the goals that are in the best interest of shareholders and the organisations at large (Tricker and Tricker 27). In addition, good corporate governance also facilitates effective monitoring, thereby making it easy to detect deviations from the accepted norm and practices. Consequently, remedial measures can be taken before it is too late. Corporate governance resul ts in better regulatory framework within the organisation. What this means is that corporate governance leads to sound management of the organisation (Applied Corporate Governance para. 7). In the same way, when governance within a corporation fails, the management is deemed to have failed as well. In the recent global financial crisis, many financial institutions were rewarding their CEOs with hefty pension and bonus packages, even as the government struggled to bail out failing firms. This is a reflection of poor management because it does not make financial sense to award a CEO a hefty package to leave office while the organisation is in financial limbo. In the financial markets, good corporate governance requires the right balance between on the one hand, customer choice and innovation and on the other hand, implementing basic standards. This may require organisations to change their corporate culture but in the end, the ensuing rewards are worth the sacrifice.Advertising W e will write a custom essay sample on What is corporate governance? specifically for you for only $16.05 $11/page Learn More Corporate governance is also important to an organisation when it comes to the issue of training the directors. Following the collapse of such organisations as WorldCom and Enron in the past decade, questions have been raised on the need to re-assess the qualifications of directors. In the past, there has never been any formal yardstick with which to assess the qualifications of the senior people who run an organisation (Applied Corporate Governance para. 8). From a practical point of view, majority of the large and well run corporations seek for the most fitting qualifications from among their senior staff; however, an increasingly larger number of organisations are now offering selection services and training to non-executive directors. The collapse of the above mentioned firms and a dozen others has seen more professionals reassessi ng the role of direction as a discipline or professionals that demands specific forms of training and development. In this case, corporate governance has played a crucial role in efforts to re-evaluate the qualifications of directors charged with the responsibility of overseeing the operations of organisations (Tricker and Tricker 33). Some MBA courses now include corporate governance as part of their course content. Such a trend should be encouraged so that the true importance of corporate governance can get the recognition it deserves. Conclusion In summary, corporate governance refers to the system that ensures the control and management of organisations. It enshrines the components of the long-term relationship between the owners of an organisation and the management. A sound corporate governance system should take into account the interests of the firms, the shareholders, the employees, suppliers, and the local community as well. Corporate governance is important to an organisa tion with regard to the issue of integrity because shareholders and the general public would want to be associated with an organisation that has integrity. Also, corporate governance helps to contain the bonus culture within organizations. It also leads to better regulatory framework, as well as in the training of directors. Works Cited Applied Corporate Governance. The importance of corporate governance. 2009. Web.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More IFC. Corporate Governance. 2005. Web. Kirkpatrick, Grant. The Corporate Governance Lessons from the Financial Crisis. 2009. Web. Tricker, Robert and Tricker, Bob. Corporate Governance: Principles, Policies and Practices. Oxford, UK: Oxford University Press, 2009. Print. This essay on What is corporate governance? was written and submitted by user Braylon Cannon to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.