Wednesday, May 6, 2020

Common Sense Explanations And The Explanations Of C....

In this essay I will be exploring the differences between common sense explanations and the explanations of C. Wright Mills theory of The Sociological Imagination. Common sense is based on people s personal experiences and their opinions, very often constructed from social norms and generalised views. Whereas, the Sociological Imagination thought up by sociologist C. Wright Mills (1959) is based on the ideas of thinking critically and skeptically, in order to think sociologically. He wrote that in order to do this, we have to understand and grasp the link between current society and history, personal troubles and public issues. There are three main parts to Sociological Imagination: social structure, biography and history. In this essay I will set forth the ways in which each of these approaches would explain the topic of sexuality. I consider sexuality to be an umbrella term for various features, including sexual orientation, sexual activity, masculinity/femininity and gender roles . Each of which will be looked at in this essay in order to explore the topic of sexuality in relation to common sense and the Sociological Imagination. Sexual orientation is commonly viewed as the term to describe an individual’s attraction for others; who they want to have sex with. This sexual attraction is what’s commonly considered to be the representative of their sexuality. The common sense approach to sexual orientation is well educated on heterosexuality and the LGBT community. LGBTShow MoreRelatedSociological Perspective On Understanding Human Society915 Words   |  4 PagesEvaluate the Sociological Approach to understanding Human Society Explanation of common sense and sociological approaches to the study of Human Societies, with examples. Common sense is subjective as it’s based on opinion and belief; these personal interpretations generate norms in a society that a culture becomes accustomed to, so much so that they barely notice them. It is the basic level of knowledge and judgement that we all share; which we take for granted as a real and true. Common sense tries toRead MoreWhat does it mean to think sociologically? Illustrate your answer with examples from sociological research and from your own experience.1903 Words   |  8 Pagessociology is to adopt a sociological viewpoint or think sociologically. Etymologically, sociology is the study of society but this doesnt differentiate sociology from other forms of social study. Hence, many begin to describe thinking sociologically by what it is not - it is not thinking politically, thinking anthropologically, thinking historically or thinking psychologically, for example (Berger 1966: 11-36; Reiss 1968: 2-3). Others try to determine the nature of sociological thinking by detailingRead MoreSociology and Psychology 823 Words   |  4 PagesThese theories assist us to understand behaviour from individual and societal levels. Sociology is a study of society social life, social change, and social causes and consequences of human behaviour and allows us to gain an understanding of the structure and dynamics of today’s society, looking at the interlinking links patterns of human behaviour. Sociology looks at the in which social structure and institutions affect our everyday life. Sociological imagination was founded by C. Wright millsRead MoreHistorical Roots Of The 20th Century1329 Words   |  6 PagesSociological roots can be traced back in the works of thinkers like Plato, Aristotle, and Confucius. However, according to ‘classical origins’, it emerged in the early 19th century as a reaction to the challenges of modern society. Growing, belief in science, mobility and technical development brought crucial changes in the way people saw life, such as the collapse of traditional norms and loss of religion authority. Social scientists and thinkers of that time reacted to these changes and tried toRead MoreSociological And Common Sense Understanding1341 Words   |  6 PagesIntroduction to Sociology Throughout this essay, I will explain the distinction between sociological and common sense understanding, highlight the differences between sociology and other social sciences, and evaluate two sociological perspectives – Marxism and feminism. Sociology is the scientific study of human society. It examines the development of social structures, and the interaction between these structures and human behaviour. Sociologists aim to provide tools of understanding the processRead MoreA Study Of Human Social Relationships And Organisations Essay1691 Words   |  7 Pagesprepesctive and give the view of 3 leading sociological thinkers and to conclude my essay I will discuss brieftly my personal prepective from carring out my research for this topic. The department of Sociology Unc (2016) indicates sociology is the study of human social relationships and organisations. Sociology can range from crime to religion it is a very diverse subject. It refers to the family to the state, diversity of race and social class to the beliefs in common cultures. The study of sociology isRead MoreA Study Of The Development, Structure, And Functioning Of Human Society909 Words   |  4 Pagesand Public Issues). C. Wright Mills, an American sociologist, coined the term sociological imagination. Having this quality of the mind enables us to make sense of the intersection between history and biography and the relations between the two within society. This imagination is the â€Å"capacity to range from the most impersonal and remote transformations to the most intimate features of the human self† (Mills). Through the use of different sociologist’s sociological imagination, questions that aroseRead MoreHlsc1201844 Words   |  8 Pag es1 2/17/2016 Topics for Today †¢ A  sociological  approach  and  the  sociological  imagination †¢ Biomedical  model †¢ Globalisation  and  health After this session you will be able to..... ïÆ' ¼ Explain  basic  features  of  a  sociological  approach  to  health  and   illness ïÆ' ¼ Describe  the  key  characteristics  of  the  biomedical  model ïÆ' ¼ Define  some  of  the  key  concepts  that  inform  a  sociological   approach  to  health  and  illness ïÆ' ¼ Consider  the  value  of  a  sociological  approach  to  health  and   illness  for  health  workersRead MoreThe Sociological Imagination, By Wright Mills1816 Words   |  8 Pages The Sociological Imagination is a famous paradigm devised by political scientist C. Wright Mills that scrutinizes an individual’s plights in juxtaposition with how their choices either hinder or contribute to society throughout the course of history. This not only helps map archaic and contemporary configurations of existence, but its cyclical pattern allows us to envisage the possible futures open to us. Those who apply the sociological perspective are to practice a beginners mind: to rescindRead MoreWhy Nurses Should Study Sociology4078 Words   |  17 Pagesnursing and sociology of nursing The value of developing sociological skills Using sociological skills in nursing practice Sociological knowledge: policy, practice and change By the end of this chapter you should be able to . . . discuss the reasons why nurses should study sociology; understand the distinction between sociology of nursing and sociology in nursing; understand the value of sociological skills; discuss the role of sociological knowledge and the future of nursing practice. 1 Introduction

Tuesday, May 5, 2020

Real Estate Investments Trusts & Mortgage Backed Securities

Question: Describe about the Real Estate Investments Trusts Mortgage Backed Securities. Answer: Executive summary The analyzed REIT status is quite impressive mainly because the company has managed to pay out 89% of it taxable profit in dividend form. This is a hybrid REIT because it transacts mortgage loans and conducts real estate operations. Due to the fact that the company has REIT status, it has also managed to avoid corporate income tax thus enabling it to maintain impressive results over the past years. Introduction Being an investor working various finance companies, it is important for me to understand which hedging instruments I am going to employ in order to effectively manage the potential interest rate exposure of Genuine Investment Bank. This will enable me to be able to focus on designing the best CMO offering thereby getting more insight on the market and understanding how I will manage to increase profits. It is important to realize that CMO offerings are the new niche; there are also many people who desire to invest in pension funds, hedge funds, and Banks and corporations. This makes the Real Estate Investments Trusts Mortgage Backed Securities more attractive to young individuals who are prepared and willing to take more risk because are a long term investment which entails uncertain risks (Martin Hanbury 14). I am therefore targeting the young people. Analysis of the tranches i. Assumptions Tranches refer to pieces, slices, or portions of structured financing or debt (Pearce, Stevens Barr 55). Tranches usually assume that an MBO ought to coincide with the maturity dates of the primary mortgages. Another assumption of tranches is that a given security may be split up into smaller pieces and subsequently sold. They also assume that a single is supposed to be made up of a pool of mortgage with same or similar dates of maturity (Hudson 84). Time tranching structure There are three types of tranching structures. One of the structures which Genuine Investment Bank is considering is the sequential payout tranch as it encapsulates all the potential CMO investors; however, we are going to focus on the Time tranching. this is because it is not wise to invest in all the three CMOs. With this type of structure, the repayment risk is usually to be paid disproportionately to the different tranches (Haley 40). This structure will ensure that both my target clients and I are protected from various repayment risks thus guaranteeing that we make sound profits from our venture. iii. Summary of the results with respect to the clients targets It is imperative to note that my clients would expect to make an interest of about $413, 375 in the first month when they invest at least $400,000,000; they will be charged an initial principle of $957,700 in the same month (Martin Hanbury 23). This means that after calculating my clients targets, I am also supposed to make a considerable profit in order to sustain my clients and prove to them that my assumptions are profitable for them. Analysis of my position i. Assumptions My current position assumes that my clients will be able to secure their respective investments through the time tranching structure which my firm will employ. This will guarantee their continued long term investment and profit longevity. ii. What are you trying maximize? By investing in pension funds and insurance companies, we will be trying to maximize on both profits and long term investment and Pension funds and insurance companies will ensure this. iii. Any recommendations? I would recommend that we increase investments especially in Pension funds and insurance companies. This is because even though they are somewhat risky to invest in, they are also quite lucrative. Conclusion As we have observed from the above, it is quite clear that the time tranching structure is the most appropriate approach to utilize in order to safeguard my clients investments. It is also considerably profitable for Genuine Investment Bank to invest in Pension funds and insurance companies in order to maximize on the firms profits. Works Cited Haley, Michael A. and McMurtry, Lara. Equity Trusts. London: Sweet Maxwell. 2011. Print. Hudson, Alastair. Understanding Equity and Trusts. Abingdon, Oxon: Routledge. 2013. Print. Martin, Jill E. and Hanbury, Harold Greville. Modern Equity. London: Sweet Maxwell. 2012. Print. Pearce, Robert A., Stevens, John and Barr, Warren. The Law of Trusts and Equitable Obligations. Oxford: Oxford University Press. 2010. Print.

Sunday, April 12, 2020

Behind the Criminal Mind Causes of Criminal Behavior free essay sample

This paper provides an in-depth look at the theories surrounding what causes people to act in a criminal manner, focusing on childhood and upbringing. This essay examines crime and deviance, looking at the different theories on what causes criminal behavior with the main focus on the family and childhood. The author pays particular attention to the case of serial killer Henry Lee Lucas, exploring his childhood and linking it to his criminal behavior. Today, deviance and crime plague American society. There are vast degrees of deviance, from a simple shoplifter, to a car theft, to a killing machine with no conscience, otherwise known as the serial killer. But how is this killing machine created? Where and how does this type of criminal behavior begin? The answers to these questions must be addressed in order to stop the formation of this deviance. This essay will investigate the life of one of the most infamous serial killers, Henry Lee Lucas, to answer these questions. We will write a custom essay sample on Behind the Criminal Mind: Causes of Criminal Behavior or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page In the search for the answer, the question of nature vs. nurture is inevitably brought up. Scientists and psychologists have debated over whether a childs upbringing forms their behavior or whether they are born with a personality. Most scientists believe that biological dysfunctions and physical illnesses are the factors that bring on this type of deviance. Most psychologists will argue family, society, environment, and the media cause criminal behavior. While many factors contribute to this frightening deviance, but the root of criminal behavior lies in the home and the family structure of children.

Tuesday, March 10, 2020

8th Grade Science Fair Project Ideas

8th Grade Science Fair Project Ideas 8th grade science fair projects tend to involve the scientific method and designing an experiment and not making models or explaining processes. Youll be expected to present data in the form of tables and graphs. Typed reports and posters are the norm (sorry, no handwritten text). You should do the project yourself, rather than enlist heavy-duty help from a parent or older student. Its appropriate to cite references for any information that isnt common knowledge or that draws on the work of others. 8th Grade Science Fair Project Ideas What paper airplane design flies the farthest? stays aloft the longest?What effect does soap in water have on plants? Is the effect the same at very low soap concentrations as compared with high concentrations?How much plant food is too much?Are dogs (cats/fish/etc.) colorblind? If so, is the lack of color perception compensated by better light/dark vision?What soils best support structures, such as buildings?What types of words do babies learn to speak first?Does air temperature affect how long soap bubbles last? Does relative humidity?Are goldfish water chemicals really necessary or are they an unneeded expense?Can you graft a tomato plant onto a potato plant?Do plants react to the presence of other plants? music? different colored light?What materials glow under black light? Can you use the UV light to find invisible, possibly smelly, stains in your carpet or elsewhere in your house?Will chilling an onion before cutting it keep you from crying?Does catnip repel cockroaches better than DEET? What ratio of vinegar to baking soda produces the best chemical volcano eruption?What type of plastic wrap prevents evaporation the best?What plastic wrap prevents oxidation the best?What percentage of an orange is water?Are night insects attracted to lamps because of heat or light?Can you make Jello using fresh pineapples instead of canned pineapples?Do white candles burn at a different rate than colored candles?Does the presence of detergent in water affect plant growth?Can a saturated solution of sodium chloride still dissolve Epsom salts?Does magnetism affect the growth of plants?How does the shape of an ice cube affect how quickly it melts?Do different brands of popcorn leave different amounts of unpopped kernels?How accurately do egg producers measure eggs?How do differences in surfaces affect the adhesion of tape?If you shake up different kinds or brands of soft drinks (e.g., carbonated), will they all spew the same amount?Are all potato chips equally greasy?Do the same types of mold grow on all types of bread? Does light affect the rate at which foods spoil?Can you use a household water filter to remove flavor or color from other liquids?Does the power of a microwave affect how well it makes popcorn?Do all brands of diapers absorb the same amount of liquid? Does it matter what the liquid is (water as opposed to juice or... um.. urine)?Do all dishwashing detergents produce the same amount of bubbles? Clean the same number of dishes?Is the nutritional content of different brands of a vegetable (e.g., canned peas) the same?How permanent are permanent markers? What solvents (e.g., water, alcohol, vinegar, detergent solution) will remove the ink? Do different brands/types of markers produce the same results?Is laundry detergent as effective if you use less than the recommended amount? More?Do all hairsprays hold equally well? Equally long? Does type of hair affect the results?What effect do additives have on the crystals? You could add food coloring, flavorings, or other impurities.What steps c an you take to maximize crystal size? You can affect vibration, humidity, temperature, rate of evaporation, purity of your growth medium, and time allowed for crystal growth. How do different factors affect seed germination? Factors that you could test include the intensity, duration, or type of light, the temperature, the amount of water, the presence/absence of certain chemicals, or the presence/absence of soil. You can look at the percentage of seeds that germinate or the rate at which seeds germinate.Is a seed affected by its size? Do different size seeds have different germination rates or percentages? Does seed size affect the growth rate or final size of a plant?How does cold storage affect the germination of seeds? Factors you can control include the type of seeds, length of storage, temperature of storage, and other variables, such as light and humidity.What conditions affect the ripening of fruit? Look at ethylene and enclosing a fruit in a sealed bag, temperature, light, or nearness to other pieces or fruit.How are different soils affected by erosion? You can make your own wind or water and evaluate the effects on soil. If you have access to a very cold freezer, you can look at the effects of freeze and thaw cycles. How does the pH of soil relate to the pH of the water around the soil? You can make your own pH paper, test the pH of the soil, add water, then test the pH of the water. Are the two values the same? If not, is there a relationship between them?How close does a plant have to be to a pesticide for it to work? What factors influence the effectiveness of a pesticide (rain? light? wind?)? How much can you dilute a pesticide while retaining its effectiveness? How effective are natural pest deterrents? More Science Fair Project Ideas

Sunday, February 23, 2020

Nursing Therory Analysis Research Paper Example | Topics and Well Written Essays - 2000 words

Nursing Therory Analysis - Research Paper Example Later on, it was revised so as to be brought into the modern taxonomic fabrication for comfort that often explains comfort to be a nature for accomplishing needs for ease, relief plus transcendence in one’s sociocultural, physical, environmental plus psycho-spiritual settings. In describing deduction, here comfort is described as having associations to some nursing theories so as to help make up a hypothesis. According to the author called Murray in his book published in 1938, he contributed towards providing a sensible structure that helped Kolcaba’s notions sustaining. In addition, Relief became distinguished by an author named Orlando in the year 1961, same to transcendence by Zderad and Paterson in 1976, and ease became distinguished by an author named Henderson in the year 1966. In the year 1975, the idea on behaviors of seeking health was utilized by a person named Schlotfeldt. In regard to retroductive step implementation, Kolcaba ensured that she in culminated the idea of having institutional sincerity incorporated in her comfort theory. In addition, the theory often depicts various personalized patient centered care, plus the given benefits accrued from comfort plus engagement of the habits involved to seek health. Basically, some of the notions found in this given philosophy encompass: Intervening variables, comfort needs, institutional integrity, comfort procedures, comfort including health seeking attitudes or behaviors. According to Kolcaba, comfort is something which needs to originate from a care circumstances which cannot be offered at the same time by a given patient’s maintenance structure. In addition, it is through the set of standards set in nursing that are supposed to assemble the given needs hence captivating patients aspects like maturity, emotional situation, defiance, given support structure, past experience among others which are

Friday, February 7, 2020

Consumer Behavior Essay Example | Topics and Well Written Essays - 4000 words - 1

Consumer Behavior - Essay Example This essay focuses mostly on answering nine questions on the topic of consumer behavior. The first question focuses on understanding the statement that Generation Y consumers continue to perplex Marketers. The researcher explaines the terminology of Y Generation and provides detailed analysis on the question. Second question is focused on discussing the statement "Think globally, act locally" in relation to the diffusion of consumer culture. Other questions that were answered describe discussion on the differences, that are involved in buying something for yourself versus buying something for someone else, discussing why children and teenagers form such important segments and demonstrating how marketers might reach these young consumers, outlining the traditional family life cycle, applying it to current US society, and then evaluating the need for its updating, discussing on how demographics are essential measures in consumer behavior analysis with particular reference to the US con sumer and so on. The essay also answers on some practical questiones, such as "Select any three religious, ethnic or social groups and show how the values and attitudes of consumers in each shape their behaviors, and the strategies marketers can use to reach them". The researcher provides deep analysis on the topic and gives references to the real examples too. He also shares some personal practical knowledge to answer questions, such as "consumption subculture to which a member of your family or extended family belongs", provides examples and description needed.

Wednesday, January 29, 2020

Principles of Management Essay Example for Free

Principles of Management Essay The fundamental aim of any given business is to make profits and maximize those profits. Organizations therefore in its day to day business activities will always aim at making the maximum profits at a very low cost of production. This basically means that a company wants to make very high profits without incurring a lot of expenses. In minimizing their cost of production while still ensuring that maximum profits are realized, sometimes companies violate regulations and laws governing them. It is therefore of utmost importance that there are other external bodies charged with the function of carrying out checks and balances to ensure that companies, businesses and organizations in general do not violate laid down regulations as they attempt to maximize their profits at very low costs of production and also that the consumers gets the products at very affordable prices and that the environment is not polluted by the by-products of the manufacturing companies. Therefore the first purpose of regulating companies is to ensure that the consumer on the ground is not shortchanged in terms of prices. This basically means that without regulations a company may charge unreasonably high prices for its products to the disadvantage of the customer. The regulatory bodies therefore ensure that a standard price for every particular product is set and companies are given a limit and extent up to which they are not expected to exceed. Should there be a violation by any company the regulatory body always steps in and takes an immediate action and if the company had no justifications whatsoever to go against the laid down regulations, disciplinary measures against the company are the next step. Business regulation is viewed by many as a way of enhancing better business environment. Regulation is also done to ensure that companies give consumers quality products for their money. It has been observed over the past years that failure to keenly monitor a company’s activities leads to recklessness and negligence by manufacturers so that consumers get very lo0w quality products. The laws governing the regulation of a company therefore provide for a regulatory body whose function is basically to check the kind of products a company produces in terms of quality. The issue of quality is almost synonymous to suitability of a product for use by customers in terms of safety. A product could be of low quality in that it is not up to the standards expected of such a product. For instance, if it is a vehicle it would be said to be of low quality if it fails to cover the mileage a car of a similar make would be expected to make. Quality is also looked at in terms of suitability so that it is important for the regulatory board to establish whether a company is making are suitable for use. For instance, if it is a company that manufactures food stuffs, then the regulatory body must ensure that the foods manufactured are actually edible and safe for human consumption. In case of medical products they must ensure chemicals used in the manufacture of medicines have no side effects on the body of a patient. In case of electronic products it is vital to ensure that the are safe so that they don’t blow up on the user of that product. It is for this reason that every country has regulatory bodies known as bureaus of standards of goods and products in general are maintained by the manufacturers. Regulation by external regulatory bodies is also done to ensure do not carelessly dispose off waste products thereby polluting the environment. Most companies if left to go unregulated would cause a l0ot of harm to the environment. This is because of the kind of waste products they produce. Most of the waste products are not only toxic but also poisonous. The regulatory bodies are therefore very instrumental in ensuring that companies treat their waste products prior to releasing them to the outside world. Better still, they ensure that even with the w3aste products being treated, they are disposed in the right place and manner. A case scenario of a company that used to produce to waste products that were toxic and then carelessly release the waste products into the open air. This in turn caused the surrounding residents great suffering as there was an outbreak of diseases. The regulatory body immediately intervened and the company was closed down indefinitely until they found a lasting solution. It has also been observed that most industries would rather drain their waste products in the water . odies notwithstanding their toxic levels so that they cut down expenses of having to dispose the waste products in the right way. This kills the aquatic animals thus destroying the environment. The regulatory bodies in such cases are very quick to ensure that no life both human and that of animals is put in danger. Regulation is also done to ensure prompt payment of taxes by companies. Every company in business in every country is required to pay taxes to the government of that particular country. This forms a source of income for the government. Most companies as discussed earlier are very evasive because their main goal is to make maximum profits. Thus they sometimes attempt to evasion of payment of taxes in order to make as high profits. It is no secret that even the consumers on the ground who are the back bone of the business field are more often than not treated very unfairly by the businessmen as they attempt to achieve their principal of maximum profit at the lowest possible cost. Manufacturers and owners of companies always want to be beneficiaries of their work at no extra cost thus tax evasion and avoidance is very common in the business field. However, they ignore the fact that by engaging in such malpractices of tax evasion and avoidance the government stands s to lose a lot in terms of revenue and as a result the country’s population suffers as the government is no longer able to sustain their needs due to insufficient revenues. Note that the manufacturers have had nothing to lose as their businesses still go on as desired. It is also important to note that failure of companies to pay taxes automatically means that a lot more will be demanded from the individuals thus suppressing the common citizen. Most people don’t find the importance of paying taxes. Tax is an obvious source from which countries can generate cash to fund human development. It is also one of the means by which they can begin to free themselves from dependence on handouts and the punitive conditions often attached to aid. Tax can also help countries determine their own route out of poverty. How Tax Policies Fleece the Poor, Christian Aid, September 2005, page6) Regulatory bodies therefore ensure that companies pay taxes as they should to avoid suppressing the poor people. Research indicates that evasion and avoidance of taxes by companies has led to a considerable increase in Value Added Tax which is the tax imposed on common goods used by ordinary people therefore placing an unfairly heavy burden on poor people. Regulation of companies is also done to ensure that employers respect labor laws put in place to protect rights of employees at the work place. More often than not employers ignore the rights of their employees thus employees are made to work under very poor conditions. Therefore the regulatory bodies in conjunction with non-governmental bodies come together in defending the rights if the workers and ensuring that companies follow the laws governing the rights of the employees to the letter. The regulatory bodies also ensure that workers are not treated unfairly in terms of wages by ensuring that they are paid above the minimum wage. It also ensures that employees are not overworked in term s of work load and the number of hours that they work. The regulatory bodies are also very keen in terms of the age limit so that companies do not employ underage employees in order to have cheap labor. Another major function of the regulatory bodies is to ensure that companies submit annual returns as they should and within the required time. The annual returns and reports contain the activities of the company for a given period usually one year and include income generated, profits made, expenses incurred and losses made. Most companies default in the submission of these annual reports and returns in order to conceal the profits made and consequently evade being taxed. They also default in submission of the reports as a way of covering up for any activity or activities carried out in the year that contravened any laid down rules. The regulatory bodies therefore step in to ensure that all companies submit their annual returns and reports and that they do so within the required time. Regulatory bodies also play a major role in ensuring that companies comply with the general requirements of operating and running of a company. This is in relation to the formation of a company, who makes the board of governors, who constitutes members of a company, shareholders and all other requirements a company is expected to comply with in its operations. The regulatory bodies are always in the frontline in the protection of investors so that companies do not manipulate them as far as investment is concerned. From the roles discussed earlier, it is very clear that a regulatory body is of great importance in the business field as it ensures that companies operate without the slightest form of flaws. From the discussion, it is very clear. From the discussion, it is clearly spelt out that companies cannot by any means regulate themselves. This is for the obvious reasons that regulations of their operations are obviously incompatible with the fundamental principle with their fundamental purpose, goal and objective of making maximum profits at the lowest possible cost. It is unrealistic and almost impossible to expect that companies will regulate themselves while it is very clear that their main objective in business and the task of regulation totally are not synonymous. It is therefore in order to conclude that if companies are left to be in charge of themselves and asked to regulate themselves while it is very clear that their many objectives in business and the task of regulation totally do no rhyme. It is therefore in order to conclude that if companies are left to be in charge of themselves, they would take advantage, exploit people and the consumer on the ground would be on the losing end. It is therefore correct to state that regulation of companies and other business organizations can only be successfully done by external regulatory bodies separate from the company itself who have no interest whatsoever in either the company or activities. Therefore it is only with the right regulatory measures that a fair playground in the business industry can be achieved. This can be achieved by ensuring that regulatory bodies are established for checks and balances of companies and business organizations at large. Regulation by eternal regulatory bodies has also played a major role in establishing fair and healthy competition among businessmen therefore has a level playground to do their business.