Features of Private Payer and Consumer Essay

A HMO is accredited by the state. For its more abject costs, the HMO has the most rigorous guidelines and the minutest alternative of suppliers. Its extremities are allotted to principal care doctors and must utilize network suppliers to be addressed, omit within exigencies. HMO were primitively planned to address all canonical services for a yearly bounty and visit co-pays. A health maintenance organization is coordinated throughout a business model. The model is based on how the terms of the correspondence link the supplier and the plan. Within all, nevertheless, enrollers must see health maintenance organization suppliers within order to be addressed. A group HMO foreshortens with more than one doctor group. Within some plans, health maintenance organizations members receive medical services within health maintenance organization owned facilities from suppliers who cultivate only for that HMO. Within others, members inflict the supplier’s facilities, and the suppliers can a lso treat nonmember patients. IPA (Independent or Individual Practice Association) type of health maintenance organization is an affiliation made by doctors with individually owned practices who foreshorten united to supply care for HMO members. A health maintenance organization compensates managed fees for medical services to the Independent Practice Association. The IPA in turn compensates its doctor members, either through a fee or capitates rate. Suppliers may link more than one IPA and generally see nonmember patients. A point-of-service plan is intercrossed of PPO and HMO networks. Members may prefer from a primary or secondary network. The primary network is HMO-like and the secondary network is generally a PPO network. Like HMOs, POS plans appoint a yearly premium and co-pay for office inflicts. A point-of –service may be integrated as a tiered plan, for exemplar, with dissimilar rates for particularly assigned suppliers, veritable participating suppliers, and out-of-network suppliers. Indemnity (insurance) call for deductible, premium, and coinsurance defrayments. They generally address seventy to eighty percent of costs for comprehended benefits after deductibles are assembled. Many have some managed care ch aracteristics since remunerators contend for employer’s contracts and attempt to assure costs. CDHP (consumer-driven or consumer-directed health plans) aggregate two elements which are (1) a-high deductible health plan and (2) one or more tax-preferable savings accounts that the patient; which is the consumer  addresses. The two plans cultivate together: The high-deductible health plans addresses tragedy losses, and the savings account devotes out of the pocket or unveiled disburses. CDHP authorize consumers to deal their usage of healthcare services and products. CDHPs decimate most co-pays coverage and agitate responsibility for managing the dollars within the savings account to mortars. CDHPs promote individuals to seek routine well-care gains. For the CDHP approach to cultivate, then, consumers must be capable to detect precise healthcare data. A health reimbursement account is a medical reimbursement plan set up and funded through an employer. Health Reimbursement Account are generally offered to employees with health plans that have high deductibles. Employees may submit claims to the HRA to be compensated back for out of pocket medical disbursements. Some troupes extend FSA, which is known as Flexible Savings (Spending) Accounts that augment employees other health insurance coverage. Employees have the alternative of putting pretax dollars from their remunerators within the FSA; they can then utilize the fund to compensate for sure dependent and medical care expenses. The FSA might be utilized within one of two ways. Within some companies, the employer has to file a claim with the plan after compensating a bill. The weakness of an FSA as equated with an HAS is that fresh dollars go back to the employer underneath the â€Å"use it or lose it† rule at the conclusion of the year. Employees must attempt to anticipate their years disbursements to avert either underfunding or overfunding the account. References: Valerius, J., Bayes, N., Newby, C., & Seggern, J. (2008).Medical insurance: An integrated claims process approach (3rd ed.). Boston: McGraw-Hill. U.S. Treasurer’s Office. http://www.treasury.gov.resource-center/faqs/Taxes/Pages/Health-Savings-Accounts.aspx The Regence BlueCross BlueShield of Oregon. http://www.regence.com/

Economic Crisis in Europe

How does Economic Crisis Affect European Union and how Does EU Reacts Introduction to the European Union and the Economic Crisis It is a fact world wide that we are facing an economic crisis. There are many Countries inside European Union that can hardly respond to the values of the crisis. The whole commission has to Decide and act properly for all those countries that can hardly respond to the crisis. The depth and breath of the current global financial crisis is unprecedented in post-war economic history.It has several features in common with similar financial-stress driven crisis episodes. It was preceded by relatively long period of rapid credit growth, low risk premiums, abundant availability of liquidity, strong leveraging, soaring asset prices and the development of bubbles in the real estate sector. Stretched leveraged positions and maturity mismatches rendered financial institutions very vulnerable to corrections in asset markets, deteriorating loan performance and disturba nces in the wholesale funding markets.Such episodes have happened before and the examples are abundant (e. g. Japan and the Nordic countries in the early 1990s, the Asian crisis in the late-1990s). But the key difference between these earlier episodes and the current crisis is its global dimension. ( http://ec. europa. eu/economy_finance/publications/publication15887 ) THE CRISIS FROM A HISTORICAL PERSPECTIVE A perfect storm. This is one metaphor used to describe the present global crisis. No other economic downturn after World War II has been as severe as today's recession.Although a large number of crises have occurred in recent decades around the globe, almost all of them have remained national or regional events – without a global impact. So this time is different – the crisis of today has no recent match. To find a downturn of similar depth and extent, the record of the 1930s has to be evoked. Actually, a new interest in the depression of the 1930s, commonly class ified as the Great Depression, has emerged as a result of today's crisis. By now, it is commonly used as a benchmark for assessing the current global downturn. The purpose of this hapter is to give a historical perspective to the present crisis. In the first section, the similarities and differences between the 1930s depression and the present crisis concerning the geographical origins, causes, duration and impact of the two crises are outlined. As both depressions were global, the transmission mechanism and the channels propagating the crisis across countries are analyzed. Next, the similarities and differences in the policy responses then and now are mapped. Finally, a set of policy lessons for today are extracted from the past.A word a warning should be issued before making comparisons across time. Although the statistical data from previous epochs are far from complete, historical national accounts research and the statistics compiled by the League of Nations offer comprehensive evidence for this chapter. Of course, any historical comparisons should be treated with caution. There are fundamental differences with earlier epochs concerning the structure of the economy, degree of globalization, nature of financial innovation, state of technology, institutions, economic thinking and policies.Paying due attention to them is important when drawing lessons. (http://ec. europa. eu/economy_finance/publications/publication15887 ) Responses to Crisis In a single market and a huge trading bloc like the EU, coordination of national economic policies is important. Through such coordination, the EU can act with speed and consistency when faced with economic challenges, as the current economic and financial crisis. Sixteen countries have even one step further by adopting the euro currency.The framework for cooperation in economic policy is Economic and Monetary Union (EMU), whose members are all EU countries is a framework within which countries agree common guidelines on important issues of the economy. The final result of the cooperation is more growth, more jobs and higher level of social protection for all. Moreover, this cooperation allows the EU to respond to global economic and financial challenges in a coordinated way. The EU as a major trading power, is more resilient to external shocks and, thus, can effectively address the various economic and financial problems.The EU has faced in a coordinated way the current financial and economic crisis, from the first moment occurred in October 2008. National governments, the European Central Bank (ECB) and the Commission work together to protect their savings to maintain the flow of credit at affordable terms for businesses and households, and to establish a better system of global management of the financial sector. The aim is not simply the restoration of stability but to ensure that the conditions to re-launch growth and job creation.So far, EU governments have placed more than 2 trillion for the rescue effort of their economies. European leaders have coordinated their interventions, providing support and allowing banks to grant loan guarantees. The EU also increased state guarantees for private savings accounts to 50,000 euros. The use of the euro as common currency in many European countries worked very positively during the crisis. Helped the EU to react to the global credit crisis in a coordinated manner and provide greater stability than would happen without it.For example, as the ECB could cut interest rates throughout the euro area (instead of each country sets its own exchange rate), banks across the EU can now borrow or lend to each other under the same conditions . The euro is used daily by more than 60% of EU citizens Having a single currency was a win-win for abolished the cost of converting currencies at leisure or business trips within the eurozone, abolished or significantly decreased in almost all Where the cost of cross-border payments; consumers and busine sses can easily compare prices, thus fostering competition.Participation in the euro zone is a guarantee of price stability. The ECB sets the key interest rates at levels designed to keep medium-term inflation in the euro area below 2%. It also manages the foreign reserves of the EU to intervene in currency markets to influence the euro exchange rate. (http://europa. eu/pol/financ/index_el. htm ) Europe, mistakes and the economic crisis The crisis was born on August 9, 2007, when the European Central Bank (ECB) introduced 95 billion liquidity to markets, while the BNP Raribas freeze three investment funds because of subprime had value.The injections are slightly stimulated the patient and the ECB has gained credibility. Apart from the monetary policy should, however, warned governments to take steps to eradicate the evil and to prevent the liquidity crisis be turned into a solvency crisis. Then the ECB was slow to cut interest rates. When in March the European Parliament held a deba te devoted to these issues in preparation for the European Council in April, the former Irish Finance Minister Charlie Mc.Creevy had preferred to keep racing †¦ Also the perception of Manuel Barroso's role is questionable. Rather than enshrine it in the spirit of community spirit, arrested him as a dead leaf which is led and borne by the wishes of the Council: the Commission should propose only what Member States want. The organization of the Commission creates a blind spot in understanding this crisis. The macroeconomic and related issues with the markets depend on two different committees.In the European Parliament in October 2006 calling on the Commission â€Å"to pay more attention to the effects of market behavior on the macroeconomic situation in the euro area. Because there had to break the morale of the household, mobile motorized development, and because it was easier not to go ahead, the governments leave the ECB to intervene alone. Adopt them journey to the lessons of the crisis are not dealt with the pollution of subprime, the address of which is limited to calls for transparency from banks.But this is contrary to the rules of the market because it requires â€Å"players† to risk their reputation. Transparency could be only by on-site inspections, for which nobody had the means. In the spring the International Monetary Fund released figures decline in growth in Europe while car sales fell in Germany. In the holy alliance of the European executive and the ECB decided that the data were under American influence and too pessimistic. By optimizing the expectations we had in denial of reality.After a serious error assessment of the Bush administration ran away evil and rotten egg of subprime cut the mayonnaise in the world economy have serious economic and social consequences. The decision to leave at the Lehman collapse Vrothers on September 15 caused a systemic crisis marking the death certificate of the Reagan-Thatcher era. In Europe-in this new phase of the crisis-the first reflex was to rescue the Irish, which has decided to guarantee all deposits of banks. Angela Merkel initially denied any plan to support the European banking sector.After Nicolas Sarkozy left alone against the German refusal, Gordon Brown presented his own plan and moved to the Eurogroup. As a former Finance Minister of the main economic spot of Europe, he knew very well what he was talking and was able to combine the political imperative for action control mechanisms. Nicolas Sarkozy, who has made Jean-Claude Trichet in the class of head of state or government, seemed to be trying to play a kind of changing the State Monopoly French capitalism, industry and the media depending on the mood.This was perhaps another reason why the banks refused the first version of the plan and forced the state to offer loans without taking any involvement. We thus present a massive plan to support banks without exchange intervention to long-term strategy. There is also a risk that the pressure for reforms to evaporate with a new relative stabilization of markets and argued that any significant change endangers the fragile economies. Finally, the European response to banking crisis will be in parallel with national plans.An ambitious Commission will undertake to lead the implementation of these projects to be used in a European strategy. Europe can provide the best, the ability of the default rules, is the soft power of the modern era that is so necessary by globalization. For this reason the Commission should rediscover the nature and take-back initiatives is one of the great challenges of the next European schedule. (http://www. tovima. gr/default. asp? pid=2&ct=6&artid=23784&dt=18/11/2008 ) Economic crisis leading to â€Å"relaxation† of EU rules on deficitsThe ‘relaxation' of the rules on deficits under the Stability Pact (up to 3% of GDP) in fact go the European governments, as the financial crisis requires more government spending to avoid recession. Although the head of the Eurogroup Jean-Claude Juncker said at the meeting of four European leaders in Paris on Saturday that â€Å"the Stability Pact should be respected† in its entirety, is a common belief within the EU that will be tolerated a-temporary-breaching the 3% of GDP as the primary objective in this very difficult international situation is the stability of the system.Officially, most EU leaders insist on fiscal discipline is, but everyone knows that without government intervention the situation will deteriorate and European economies will slip into recession. The ‘culture' that prevails in Europe, captured the French president Nicolas Sarkozy, saying that â€Å"the implementation of the Pact should reflect the exceptional circumstances where we are. † The â€Å"exceptional circumstances†, according to international organizations, the most serious economic crisis of the Great Depression of the 1930s.This issue wil l be addressed by the European finance ministers Monday (Eurogroup) and Tuesday (Ecofin) in Luxembourg. The ministers will discuss the crisis and will refer to measures taken in their countries to reduce the impact of the credit â€Å"suffocation†. The EU prefers assistance â€Å"in case† and, for the moment at least, does not discuss the possibility of a common reserve fund (suggested and took back then N. Sarkozy) to rescue the banking and general corporate financial industry tested by the crisis.

Political structure of libya in the past and its current challenges Research Paper

Political structure of libya in the past and its current challenges including the national transition council - Research Paper Example Unlike the protests in Tunisia and Egypt, Libyans took a different approach torching and demolishing government buildings from the outset. Within a few days, the protests had found their way to the capital Tripoli and other major cities especially in the north-west. A look at other Arab countries such as Tunisia and Egypt revealed an active participation of organized social movements, opposition parties and trade unions (Inbar 110). However, this was not the case in Libya, the long serving Libyan leader, Muammar Gaddafi, had actively suppressed these organized bodies which informed their inexistence. Initially, the actors of the uprising were unorganized young men who acted spontaneously and lacked the social interactive forums as was the case in other Arab countries (Panara and Gary 10). Furthermore, these young men could not be identified as representatives of the Libyan middle class as the Libyan private sector was comparatively weak. There were two main reasons that led to the de velopment of the uprisings into a revolution. The first reason was the regime’s violent response to the protests. Initially, the uprisings were isolated and the regime was keen on suppressing them before they reached unprecedented levels as was the case with most of Libya’s neighbors (Panara and Gary 10). ... The second development was the institution of NTC (National Transition Committee) in Benghazi in early March. NTC was largely made up of elitists who had defected from the regime and assumed leadership of the unorganized uprising with a promise of bringing down the regime (Inbar 110). The background of the Libyan revolt against ruler Muammar Gaddafi had little to do with the overall performance of the economy. The high prices of oil in the international markets had helped the Libyan economy prosper. Following Gaddafi’s decision in 2003 to give up weapons of mass destruction programs, Libya returned to the forefront of international investor attention. From that point, overall growth increased, reaching 10 percent in 2010. Libya’s estimated 2010 GDP was $71.336 billion, of which oil accounts for 98 percent (Inbar 111). Nevertheless, there was vast corruption and nepotism, at least one third of residents lived in poverty, the unemployment rate was 30 percent, and substant ial income gaps existed between rich and poor; all of this helped fuel the resistance to the Gaddafi regime. Political developments From the beginning, both the political leadership and the forces that shaped the revolution were diverse and disjointed. The NTC was largely made up of longstanding members of the exiled opposition and had also created room for Gaddafi loyalists turned dissidents such as General Abdel Fatta Younis. The NTC also played host to influential and aristocratic families who had been isolated by the Gaddafi regime. This diversity created a clear split of ideas on the way forward, some of these individuals fought for reforms, while others only fought for inclusion (MacQueen 378). This

Gender Inequality in the Workforce Essay Example | Topics and Well Written Essays - 1250 words

Gender Inequality in the Workforce - Essay Example This essay "Gender Inequality in the Workforce" outlines the gender stereotypes that may occur in the workplace and the reasons for it. Any preconception about a social group without any logical and reasonable evidence can be categorized as stereotypes. They also play a role in discrimination is work places. Both of these issues persist in work places today. This is mainly because of the diversity in the organizations. Today companies hire a diverse group of employees from different cultures and different genders. Because of this diversity issues like stereotypes and sexism come up regularly in organizations. Managers and employees working in the organization are also human beings and they also come from society. The influences on them cause them to think females as inferior. The idea that females are not equal to men is the root of discrimination in organizations. The mindset of the society is that women are not equal. There are specific roles which women are expected to perform in their lives and any change in those roles is not taken well by the society. Women working like men in offices are seen as changing their roles by the society. The manifestation of sexism and stereotype in organizations is in many forms. Firstly gender bias plays a role in recruitment. There are jobs that are considered more suitable for females and some jobs are considered more appropriate for males. Positions like typists and sectaries are suitable for women so these jobs are mostly given to women. This is a form of sexism and stereotyping. ... Before them they were considered unimportant to such an extent that their say in elections was not deemed important. Women are fighting with the same attitude even today in work places. The idea of female emancipation is not easy to digest for the society as a whole. Also people learn these attitudes at a very early age through social interactions. Managers and employees working in the organization are also human beings and they also come from society. The influences on them cause them to think females as inferior. The idea that females are not equal to men is the root of discrimination in organizations. The mindset of the society is that women are not equal. There are specific roles which women are expected to perform in their lives and any change in those roles is not taken well by the society. Women working like men in offices are seen as changing their roles by the society. The manifestation of sexism and stereotype in organizations is in many forms. Firstly gender bias plays a r ole in recruitment. There are jobs that are considered more suitable for females and some jobs are considered more appropriate for males. Positions like typists and sectaries are suitable for women so these jobs are mostly given to women. This is a form of sexism and stereotyping. Women are considered to have specific traits that suit these positions and that are why they are hired in these positions. There also other forms of sexism and stereotypes. Women face problem in acquiring top management positions in firms. This is because women are not seen as having authoritative nature. They are considered inferior to men and that is why they face discriminations in promotions. Another form of sexism is in daily activities of the company. In offices women face

Risk Management Essay Example | Topics and Well Written Essays - 2000 words - 5

Risk Management - Essay Example This data is often the first input to decision makers to gage whether risks should be avoided and the most suitable and cost-efficient risk management procedure. Risk analysis involves the identification, evaluation as well as management of various risks (John n.d.). The type of risk in an organization depends on the industry to which the organization operates (John n.d.). Financial risk assessment and management is of economic worth. This is especially to firms using financial tools in managing exposure to risks. Other financial risk may include inflation and volatility risk (Andersen 2012). Just like general risk management, the financial risk management necessitates identification of its sources, its measurements, as well as plans to avoid them in future. Financial risk analysis, assessment and management can both be quantitative and qualitative. Financial risk management emphasizes on the time and the means to evade the financial risks by using the specific financial instruments used in managing costly exposures to risk. In the finance sector, the Basel Accords is an instrument that has been adopted generally by internationally banks for tracking, recording and revealing the operational risks, credit risks and market risks (Andersen 2012, p. 7). Financial risk management usually assist in clearing profits through cost evasion, cost inhibition and time savings. An inclusive financial risk management platform can avert wastefulness and replication that decreases needless costs, increases productivity, and enables reliability and communication. An integrated system often permits several departments to accumulate information and cooperate amongst themselves. This can help in communication and understanding, thus reducing and containing risk while cutting costs and adding process consistency (Andersen 2012, p. 15). The first step in financial risk analysis is the inherent risk assessment, which involves assessing the financial statement

Reattach paper bout (( The different spelling for different Essay - 1

Reattach paper bout (( The different spelling for different pronunciation between British and American english.)) - Essay Example This explains the different pronunciations of the word military. In American English, the word is pronounced as /mÉ ªlÉ™tÉ›ri/, whereas in British English the word is pronounced as /mÉ ªlÉ ªtri/ (Goldstein & Best, 2006). 6 In French loan words, for example, in the RP the first syllable is stressed while in GAE the second syllable is stressed. Words such as buffet, pr ´ecis are examples. In American English word stress there is less application of stress on syllables that end in letters such as /o/u/r/. On the other hand, British English applies a lot of stress on words ending in the same letters (/o/u/r/). This difference contributes to the difference in spellings in both American and British English. A good example of such words includes, color and behavior. In American English, the words are spelt as ‘color’ and ‘behavior’. In British English, the same words are spelt as ‘Colour and behaviour’. This is as a result of the different word stress applied on syllables that end in /o/u/r/ (Trudgill, 1972,). 6 The English language is spoken in a vast area with over 300 million people using it as their first language. English is different in various ways from one region to another and one such a variation is the American English that carries its own identity (Schachtebeck , 2011). The differences in the language are identified in many ways and particularly in the pronunciation, spelling, grammar, and vocabulary. The common recognized differences are the accent used in the two languages: the British and the American. Accent refers to the pronunciation features of different people from different geographical regions, social class, age sex or even the level of education. There are many accents and differences in the spoken English among people from different regions but most common are the differences in the American and British English (Werckmeister, 2012).

Media analysis Research Paper Example | Topics and Well Written Essays - 1250 words

Media analysis - Research Paper Example The growth in international tourism and travel has led to the reliance on food experience as a way of marketing destinations. This extends gastronomy across all socio-economic societies. In recent years, gastronomy has changed a lot especially with the effects of media into the marketing strategies. There exist a lot of media forms through which information about food can be passed (Radin, 2006). Different types of food and beverage products have been advertised using various forms of media. Modern day marketing techniques target specific groups of people, and there is a need to identify the best channels to reach the target market. In Sydney, there are many food outlets offering different cuisine. These food outlets range from fast foods to restaurants selling meals containing several courses. These establishments differ in the way they choose their markets. The marketing strategies, however, seem the same. They use the same media approach to reach their targets in different ways. M cDonalds can be identified as one of the leading hotel chains within Australia. They tend to use advertising through television more than other outlets like donut king. Within the Richmond neighborhood of Sydney, these two chains each have an outlet. They tend to compete for the same clients who consume fast food (McGrath & Anderson 1986). Their target market comprises of mainly youthful city dwellers. This client target does not have the time to prepare meals in their homes. This reason makes the two outlets identify t is group as their target market. The organizations have each been able to cut a niche for itself within the same market (McIntosh et al, 1995). McDonalds specializes in American cuisines while donut king does not have a cuisine specialty. Thought they don’t deal with the same products, they deal with similar ones. It would be difficult for donut king to start selling American food to outshine McDonalds. The two establishments have been using television a lot t o advertise their products. They have also put up billboards in certain strategic positions to aid in advertising. McDonald runs special adverts aimed at creating awareness on the importance of having a snack in between meals. This aims at making the same individuals realize that the snack being recommended can be acquired at their out let easily. On the other hand, donut king uses the same media to promote the new products which they have (Warde 2009). The advertisements run by McDonalds can be classified as informatory. The restaurant already has an international recognition. It lacks the reason for engaging in product familiarization advertisement. Being an international brand, the McDonalds outlet in Richmond, needs to let its presence felt. The use of television has been most effective for these two establishments. The target market of youth spends a lot of their time glued to television sets. Advertising on TV ensures that the targeted client receives the information quickly a nd easily (Chen, 2004). These advertisements normally run on the cable networks due to the popularity of these networks with the youth. The use of television ensures information reaches the highest number of people in the shortest time possible. Most establishments put a lot of emphasis on advertising as a way of marketing their products. Though essential in the promotion of a product, advertising should not be the only way of marketing (Michael & George 2004). Introduction of unique products

Porters Model Essay Example | Topics and Well Written Essays - 2500 words

Porters Model - Essay Example In fact, Porters theories base on the economic situation in the eighties. This period was characterized by strong competition, cyclical developments and relatively stable market structures. Porter's models focus on the analysis of the actual situation (customers, suppliers, competitors etc) and on predictable developments (new entrants, substitutes etc). Competitive advantages develop from strengthening the own position within this Five-Forces-Framework. Hence, these models cannot explain or analyze today's dynamic In fact, digitalization, globalization and deregulation have become powerful forces during the last years, but Porter's models rarely take them into consideration. Today's markets are highly influenced by technological progress, especially in information technology. Therefore, it is not advisable - if not to say impossible - to develop a strategy solely on the basis of Porters models. Shapiro and Varian explain in their book "Information Rules"that the economical laws that apply to products and services cannot be simply transferred to the new category information good. Production, marketing etc are different for products and services and, hence, are different for information too ". Moreover, the latest shift from dot-com-hype to dot-com-crashes has given evidence that the basic laws of economics are viable for the new economy or information economy too. Even in the eighties, it was not advisable to build a strategy on nothing but Porters models. Every strategy should base on a careful analysis of all internal and external factors and on their potential future development. This is no new insight. Michael E. Porter is an economist. His Five Forces model is based on microeconomics. It just describes them in a more understandable way. Porter talks about the attractiveness of an Industry that is influenced by the shape of five forces. In economics, the constellation of factors determines issues like profit maximization or supernormal profits. Porter's Model and Micro economics Porters Five Forces Areas of Microeconomics Bargaining Power of Suppliers Supply and demand theory, cost and production theory, price elasticity Bargaining Power of Customers Supply and demand theory, customer behavior, price elasticity Rivalry between Existing Players Market structures, number of players, market size and growth rates Threat of Substitutes Substitution effects Threat of New Entrants Market entry barriers Source: Primary Michael Porters models do not have the influence they used to have any more as the economic model has changed to Internet economy in the past decade. Now with the emergence of Global companies and Dot Com companies, considering only the economic perspective for a nation's advantage or corporate strategies or the growth and development of industrial clusters is not sufficient. New economic laws came up and other drivers started to transform markets. Drivers transforming Markets beyond Porter's Model: Digitalization: As power of information technology grows, all players in a market will have access to far more information. Thus, totally new business models will emerge in which even players from outside the industry are able to vastly change the basis of competition in a market. The rise of electronic shopping malls, operated for instance by telecom operators

Cigna Corporation Essay Example | Topics and Well Written Essays - 1250 words

Cigna Corporation - Essay Example CIGNA Corporation has several opportunities in its external environment, including market exchange rates, which, by being an International Corporation, it can take advantage of by getting higher earnings from regions with high exchange rates. There is also increased demand for healthcare, increased disposable income that would benefit CIGNA, ethical growth from an expanding population, and a growth in retirees who require increased levels of health care. The various threats that face CIGNA include the reduction of premiums due to decreased disposable income after the financial crisis, health care reform regulation that directs them to insure patients through using pre-existing conditions, and the global recession that has seen unemployment levels go up thus plummeting a number of premiums to be paid. The paper also evaluates internal factors that affect the operations of CIGNA Corporation, i.e. strengths and weaknesses. The strengths that are inherent in CIGNA Corporation include a s trong national network that helps build credibility, a comprehensive offering that attracts a large customer base, growing global operations that ensure less reliance on the local market, and a well-coordinated workforce that helps realize the potential of its employees. The weaknesses that CIGNA Corporation possesses includes unstable earnings in the healthcare industry, lower market share in Medicare products, a maturing/mature industry, increased competition in the industry, and uncertainty facing the industry.... The paper also evaluates internal factors that affect the operations of CIGNA Corporation, i.e. strengths and weaknesses. The strengths that are inherent in CIGNA Corporation include a strong national network that helps build credibility, a comprehensive offering that attracts a large customer base, growing global operations that ensure less reliance on the local market, and a well-coordinated workforce that helps realize the potential of its employees. The weaknesses that CIGNA Corporation possesses includes unstable earnings in the health care industry, lower market share in Medicare products, a maturing/mature industry, increased competition in the industry, and uncertainty facing the industry. The paper then performs a TOWS analysis that seeks to analyze how the corporation can leverage strengths to take opportunities, how it can use opportunities to improve weaknesses, how it can use strengths to stave off threats, and finally how they can defend themselves from threats that cou ld take advantage of their weaknesses. Four major strategies came out of this TOWS analysis including: Leveraging their market visibility to take advantage of increased demand for health care, Use ethnic growth and retiree growth to counter the lower market share in Medicare products, Use its growing international market to counter the economic slowdown in the US, Come up with strategies to retain and increase market share especially with advent of health care reform. CIGNA Corporation Business Strategy Cigna Corporation (Cigna) is a global health service company. The company offers variant insurance products under medical and accident cover throughout United States.  These services are sold through the company employees and selected groups.  Beyond, United States, the

An alien species Essay Example for Free

An alien species Essay An alien species (also known as ‘exotic or nuisance species’) is the entry of any species into the ecology of which in the past it was not a part of. This species can travel to the new ecosystem from a neighboring ecosystem or from another part of the world. An alien species can cause damage or harm to animal, plant and human life thus completely disrupting the ecosystem. Two of the alien species that have seriously affected the other inhabitants of the ecosystem in the US and the other parts of North America include the Green crab and the zebra mussel. In the home ecosystem, an alien species may not be able to thrive well due to the presence of certain factors such as diseases, presence competitors, lack of space, natural enemies, etc. However in the new ecosystem, the alien species is able to thrive uncontrollable due to the absence or restrictive factors. In the past, many alien species have been introduced into various environments. Some have entered due to human factors, whereas other may have entered due to certain natural factors. Some species may have benefited the environment, which they are entered, whereas other may have seriously destroyed the native population. Invasion by alien species can have both, economic and environmental implications. The Zebra mussel is originally from the Caspian Sea and the Green crab is from Eastern Seaboard. These are classic examples of ‘Aquatic Nuisance Species’ (ANS) (ACS, 2007, MDNR, 2006 NOAA, 2007). The Zebra mussels were identified in the Great Lakes and later spread to the other parts of North America via the major rivers and waterways. They may have spread into the US from ships that have traveled through the freshwaters of Europe. They compete for plankton in the waters and in this way seriously jeopardize the food chain. They also damage parts of boats and ships. The Green crabs had spread into the San Francisco Bay region and later through California and Oregon States. They have a strong appetite for food in their territories and in this way deprive other organisms of food. The native crabs of US have seriously suffered from the invasion of the Green crab into their home territory (ACS, 2007, MDNR, 2006 NOAA, 2007).

Uk Legal System And Compare

Uk Legal System And Compare United Kingdom and Northern Ireland consist of four countries which form three distinctive jurisdictions each of which has its own court system and legal profession. These three jurisdictions are England Wales, Scotland, and Northern Ireland. The union of Great Britain and Ireland established United Kingdom in 1801, and it attains its present form in 1922 with the partition of Ireland and thus the independent Irish Free State has been established. In 1973 UK joined the European Economic Community, which is the European Union, when it is required to integrate the European legislation into UK law and to become responsive to the jurisdiction of the European Court of Justice in issues of European Union. A significant constitutional transformation came into existence when the Labour government came into power in 1997. They straight away introduced a process of decentralization, i.e. decentralizing some areas of government to the constituent countries of the UK: separate Scottish Parliament and a Welsh Assembly were established. The European Convention of Human Rights which has UK as its participant and it is been integrated into UK law, in the same year the Human Rights act was passed i.e. 1998. Thus provisions of Conventions can be directly applied to the UK courts. Actually there is no written constitution for the country. The Queen is the head of the state, even though the ultimate power of the Crown is conceded by the government of the day. The legislature is a two-tier parliament. A count of 659 Members of Parliament makes the House of Commons, by a general election that comes across every 5 years with a simple majority vote. The Government has the power to call for an election at any time, but to make the electoral advantage secure they do these voting every 5 years. The constitutional law of the UK is considered as consisting of statue law on the one hand case law on other, whereas the judicial model is applied in the courts by judges deducing statue law. The third element includes constitutional conventions which do not consist of legislative power but how ever has an obligatory force [1]. Constitutional Reform The Labour government now introduced constitutional alterations in 3 distinct areas: the transformation of the House of Lords, devolution, and the passing of the Human Rights Act 1998. The reformation of the House of Lords was really a long process, by eradicating the voting rights of all the aristocrats who remains until the house is totally altered. Proposals that were put forward by the Royal Commission on the reformation of House of Lords were published in 2000 as a command paper: A House for the Future (Cm 4534) [2] along with government proposals put down in The House of Lords: Completing the Reform (Cm 5291) [3]. The Human Rights Act was passed in 1998, integrating into the UK law rights and freedoms assures by the European Conventions on Human Rights. Even though the UK had been a participant to the European Conventions on Human Rights since 1951, this act gives the provisions of the conventions to be integrated into the domestic law. This makes it clear that the concern of the human rights affects every part of the government. Some of the effects of decentralization were: The Department for Constitutional Affairs (DCA) was launched in 2003, and it swaps the Lord Chancellors Department. Its changed responsibilities such as holding and administering the judicial system, human rights, and electoral and constitutional reform. DCA administers the Court Service and watch over judicial appointments. The responsibility of Lord Chancellor has been modified, with the possessor renamed Secretary of State for Constitutional Affairs and Lord Chancellor, resigns his functions as Speaker of the House of Lords and as a judge. These changes are mainly brought in by the Constitutional Reform Act 2005 and it also made important changes to the courts and the judiciary. The Court System Civil courts Civil cases initially are heard in the County Courts actually its for minor claims or the high Court, which is divided into 3 divisions: Queens Bench, Family and Chancery. Cases can be appealed to the Court of Appeal. Cases may also be appealed from the County Court to the High Court. The structure of the UK courts is shown below [4] . The majority of civil actions are heard in the 218 county courts, which also handles family and bankruptcy hearings. The value of claim decides in which manner the case has to be dealt with. The work is handled by three divisions, depending on its subject: Chancery Division: equity, trusts, tax, bankruptcy Queens Bench Division: contract, tort, commercial matters Family Division: divorce, children, probate. House of Lords is the supreme court of appeal. The judicial functions are quite different from its legislative work and the cases are heard by around 13 senior judges known as Lords of Appeal in Ordinary, or Law Lords. The Constitutional Reformation Act 2005 endow with the establishment of a supreme court to reinstate the judicial functions of the House of Lords with an independent appointment system, thus making a constitutional division between legislature and the judiciary. Judicial Committee of the Privacy Council is responsible for hearing cases from the British overseas territories and dependencies as well as domestic appeals. Cases regarding powers and functions of the devolved legislatures are also heard in these courts. Along with these courts there are also specialized tribunals, which take into account different appeals on decisions made by several public bodies and Government departments like employment, immigration, social security, tax and land. Criminal courts Criminal cases initially are heard at the Magistrates Court, serious ones being heard in the Crown Court. Appeals are mainly heard in the Court Of Appeal Criminal Division [5]. The Crown Court and Magistrates Court can be replaced by a cohesive Criminal Court with 3 divisions: Crown Division now the Crown Court to hear jurisdiction over all criminal matters and the more serious offences allocated to it, the District Division, comprise of a judge usually a District Judge or Recorder and at least 2 magistrates, to hear the jurisdiction over a mid range and in case of serious issues merit up to 2 years custody and the Magistrates Division comprised by a District Judge or Magistrates are to work out their present jurisdiction. The Magistrates Division would assign cases according to the significance of the suspected offence and the situation of the defendant. In the affair of an argument, a District Judge would determine the matter after hearing the version of prosecution and the defendant. The defendant has no right of selection of any of the division. LEGAL SYSTEMS The United Kingdom has 3 legal systems for its 3 separate jurisdictions; English Law for England Wales, Northern Ireland follows some common law principles and finally Scots Law for Scotland. England Wales English Law English law, which refers to the legal system administered by the courts of England Wales for both civil and criminal matters. English law has its own distinctive legal canon, separate from civil law [6] (civil law in which the sources known as reliable are legislation mainly codification in the constitution that are passed by the government and also the custom.) [7]. Actually the laws are not made a part of an organized system and also the laws are developed by judges in the court. Earlier times the justices and the judges were in charge if adapting the Writ system for the everyday needs to for building up a consistent law [8]. For e.g., the Law Merchant began in the Pie Powder Courts. When the Parliament developed in its capacity and focus to the canon of separation of powers, the legislation overtook the judicial law making. Senior Courts of England and Wales consist of Court of Appeal, the High Court of Justice and the Crown Court. The Supreme Court is the highest court for both criminal and civil appeal cases in England Wales and also Northern Ireland. English Law became one of the two legal systems in different parts of UK and also greatly influenced by Scots Law after the Acts of Union in the year 1707 [9] particularly in the development and incorporation of law merchant by Lord Mansfield and also with the development of law of Negligence. Northern Ireland Common Law The law of Northern Ireland is a common law system. It is managed by the courts of Northern Ireland, with The law of Northern Ireland is a common law system. It is administered by the courts of Northern Ireland, with supreme appeal to the Supreme Court of the United Kingdom in both civil and criminal matters. The countrys law is almost similar to the English Law with some of the rules of common law being transferred to the Kingdom of Ireland. The basis for the law of Northern Ireland is English Common Law and Statute Law. Scotland Scots Law Scots law is an inimitable legal system with an origin from Roman law. It also characterizes elements of common law with some feudal sources. This shows that Scotland has varied or mixed legal system compared to South Africa and to a certain extent it has codified systems of Louisiana and Quebec. The Acts of Union has shared legislature with the rest of the UK. In those days Scotland, England Wales each has separate or distinct legal systems, but the Union act brought some English influence on Scots law. Later on the Scots law was also affected by both European laws under the Treaty of Rome and with the Establishment of Scottish Parliament. Court of Session, for the civil cases and the High Court of Justiciary for criminal cases are the chief courts. The Supreme Court of the United Kingdom functions as the ultimate court of appeal for civil cases under Scots Law. Sheriff courts deals with most of the civil and criminal cases including criminal trials with a jury known as sheriff solemn court with a sheriff and no jury which is known as sheriff summary court. UK Legislatures United Kingdom Parliament The Parliament of United Kingdom is two- tier consisting of an upper house i.e. the House of Lords and a lower house i.e. the House of Commons. The House of Lords comprise of two types of members: the Lords Spiritual, he is the senior bishops of the Church of England and the Lords Temporal. The House of Common is an elected chamber democratically. These two houses gather in separate chambers in the Palace of Westminster in the City of Westminster in London. All government ministers including the Prime Minister are members of either the House of Commons or House of Lords [10]. Northern Ireland Assembly The Northern Ireland Assembly is the decentralized legislature of Northern Ireland. It has got the authority to enact in broad areas that are not overtly reserved to the Parliament of the United Kingdom, and appointed the Northern Ireland Executive. It is situated at Parliament Buildings at Stormont in Belfast. The latest embodiment of the Assembly was established under the Good Friday Agreement a commitment by all parties for exclusively peaceful and democratic means of 1998[11] . The Assembly is a unicameral democratically elected body consisting of 108 members who are known as Members of Legislative Assembly, or MLAs. Scottish Parliament The Scottish parliament is located in the Holy rood area of the capital Edinburgh. Unofficially the Parliament is referred to as Holy rood, the Parliament consists of 129 members who are democratically elected, and they are also called Members of Scottish Parliament or MSPs. The members of the Parliament are elected for four year terms under the Additional Member System of proportional representation an attempt to ensure that the outcome of the election reflects the proportion of support gained by each competing group [12]. The original Parliament of Scotland or also known as Estates of Scotland was the national legislature of the independent Kingdom of Scotland, and it existed till the 13th century until the Kingdom of Scotland merged with Kingdom of England under the Acts of Union 1707 to figure the Kingdom of Britain. As a result the Parliament of Scotland unites with Parliament of England to form Parliament of Great Britain, which is situated at Westminster in London. WORKING OF UK LEGAL SYSTEM England Wales Criminal law Criminal law or penal law, its a body of rules that describes the behaviour which is considered illegal because it is believed to threaten, harm or otherwise imperil the safety and welfare of the public. The law is actually insisted by the state itself and the one who breaks these laws are prosecuted in court. Capital punishment is obligatory in some jurisdiction for almost all serious crimes, physical or corporal punishments are also imposed such as whipping or caning [13]. Individuals are also enslaved in prison or in jail depending upon the jurisdiction. Length of imprisonment may vary from day to life. House arrest or fines are also imposed on the convicts who done the crime. The main objectives of this law by punishment are retribution, deterrence, incapacitation, rehabilitation and restitution. Some of the selected criminal laws are fatal offenses [14], personal offenses, property offenses, participatory offenses, mala in se v. mala prohibit a. Civil Law Civil law deals mostly the disputes between the individuals or corporate bodies and swathe a large array of areas which includes: landlord and tenant disputes, insolvency, small claims, consumer disputes, personal injury claims, divorce cases, race, sex and disability discrimination cases, debt problems wills and libel. [15]According to this law it is important that there should be 50 percent probability that the defendant is responsible for dispute. In both these cases the prosecution and the defence try to convince the court that one side is right and other is wrong. In criminal cases, the jury decides whether the prosecution or the defence are guilty and the final decision of sentence is issued by the judge himself. But in the case of civil and family cases the judges alone decides or announces who is the convict based on the evidences presented. In England and Wales prisoners are assigned different security classes when they are sentenced. The categories of prisoners in descending order are: Category A: prisoners whose escape would be highly dangerous to the public or national security. Category B: prisoners, whom which do not require maximum security, but the escape needs to be made very difficult. Category C: prisoners who cannot be trusted in open conditions but who are improbable to escape. Category D: prisoners who can be quite trusted that they dont try to escape, and are given the privilege of an open prison. Northern Ireland The countrys legal system is almost similar to England Wales [16]. The Lord Chancellor is responsible for court administration through the Northern Ireland Court Service. It deals with the policy and legislation concerning criminal law, the police and the prison system. Criminal law Criminal law is mainly concerned with establishing and upholding social order and protecting the community. The rules of this law are meant to persuade and keep up an orderly and safe living for every citizen. If anyone is found at fault they can be fined, given a community penalty or may be sent to a prison. Civil law Civil law is almost similar to the law of England and Wales i.e. cases must be verified by the balance of probabilities rather than the beyond reasonable doubt which is applied in criminal cases. Scotland The Scottish Executive Justice Department manages the issues regarding civil and criminal law. The Parliament makes or passes laws on those issues on which where it has the right to act independently, in such situation it can change or discards the acts of UK Parliament and it can passes new and separate legislation for Scotland. Scots Law The Scots Law and Scottish Legal system has a protracted history, which dates back to the medieval period. The uprightness and independence of Scots law were accredited in the 1707 Act of Union which eliminates the Scottish Parliament and forms a new UK Parliament at Westminster. Scots Law carves up many of the legislative provisions with the law of England and Wales [17], even though the Scots Civil Law remains significantly based on Scots Common Law. Scots Civil Law has some elements which got basis from the Roman Dutch Law. INDIAN LEGAL SYSTEM The Government of India, formally known as the Union Government (Central Government) and was found by the Constitution of India and it is the governing power of a union of 28 states and 7 union territories, collectively called the Republic of India. It is situated in New Delhi, the capital of India. The Indian Government Consist of 3 branches: the executive, the legislative, and the judiciary. The Executive branch is headed by the President of Country who is known as the head of the state and he implements his powers through officers under him or directly. The Legislative branch or the Parliament has two houses: lower house called the Lok Sabha[18], and the upper house called the Rajya Sabha. The Judicial branch has the Supreme Court at its top level, 21 high courts and number of civil criminal family courts at the district level. The civil and criminal laws governing the citizens of the country are governed by the parliamentary legislation such as the Civil Procedure Code, the Indian Penal Code and the Criminal Procedure Code. The legal system applied to the federal and individual state governments is based on the English Common (laws which are developed by the judges on the basis of decision of court and similar tribunals rather than by the legislative statues)[19] and Statutory Law (law that is made by the legislature and codified or written in code books) [20]. [21]India has a Parliamentary system of government which is largely based on that of the United Kingdom i.e. the Westminster System[22] (A democratic system of government which was modelled after that of UK and it is followed in many of the Common wealth nations such as Canada, Australia, Singapore, Jamaica, Ireland, New Zealand India.) The legislature of the country is Parliament. Its two-tier system, with two houses: Lok Sabha in which the 545 members are directly elected called House of the People also known as lower house, Rajya Sabha in which the 250 members are indirectly elected called Council of States also known as upper house. Council of Ministers as well as the Prime Minister is the members of the Parliament, if they are not members then they should be elected within a period of six months from the time they take up their respective positions. Individual responsibility Every individual minister takes care of the specific bureau or bureaus. He is supposed to answer any act of failure in all the policies relating to his ministry. In case any slip up, he himself is responsible to the Parliament. If a vote of no confidence vote or motion in a legislative body censuring an aspect of or indicating a lack of majority support for a government policy [23] is passed against a the minister then he is forced to resign from his position, in such situation the Prime Minister can ask for resignation of the minister to save his government and the people have say. Collective Responsibility The prime Minister and the Council of Ministers together are answerable to the Lok Sabha. So if there is a policy failure from the governments part members of the council are responsible. In such situation if a vote of no confidence is passed then all the ministers headed by the Prime minister have to resign from their position. Judicial System The Supreme Court in India is the eventual exponent of the constitution and the laws of the country [24]. It has appellate jurisdiction over all civil and criminal events involving substantial matter concerning the explanation of the constitution. The court has the unique and exclusive jurisdiction to determine the arguments between the central government and one or more states and union territories as well as between states and union territories. The Supreme Court has a broad or ample flexible powers to hear special appeals on any matter from any court expect those of armed services. It is also known as court of records and oversees every high court. Twenty five associate justices and one chief justice serve on the Supreme Court. Chief justice is appointed by the President, the associated judges are also appointed by the President after consulting with Chief justice. The appointments do not require Parliaments accord, and the justices cannot be removed from their position until they reach the binding retirement age 65. The Supreme Court has power to decide cases under [25]. Original jurisdiction Argument between central government and government of one or more states. Argument between central government and the governments of one or more states on one side and the governments of one or more states on other side. Argument between two or more states. Appellate jurisdiction: Supreme court is the final court of appeal. An appeal against the high court can be filed in the supreme court. If any of the parties is not satisfied with the decision of the high court appeals can be brought to constituitional, criminal and civil cases. Advisory jurisdiction: President may ask for the advice of the Supreme court on any matter of public importance. Features of Indian Legal System Written Constitution Constitution is generally a written document and affirms India to be a sovereign, socialist, secular, democratic republic and it represents the reservoir of enormous power. The Indian Constitution is an inimitable mix of rigidity and flexibility and it is a political document and also known as Bag of Borrowings [26] which mete out the power of the state amongst different structures i.e. between central and state government. Indian government is democratic and republican and is governmental through adult authorization. The Rule of law The term Rule of Law is derived from French phrase la principe de legalite (The principle of legality), that means a government based on the principles of law and not of men. According to ancient scriptures, Law is the King of Kings and there is nothing higher than law. The rule of law contains 3 principles [27]. Supremacy of Law: This means that no man is punishable or can legally be made to bear in body or goods expect for a discrete violation of law launched in an ordinary legal manner. It means that a man can be penalized for the violation of law but cannot be penalized for any other things. A suspected offence is supposed to be attested before the ordinary courts in harmony with the ordinary procedure Equality before Law: This means that no man is above the law. Every citizen whatever his position focuses on the ordinary law of the land and agreeable to the jurisdiction of the ordinary tribunals. Predominance of Legal Spirit: This means that general principles of the constitution are the result of judicial decisions for determining the file rights of private person in association with the cases brought to the court. Independence of Judiciary It is a principle that the judiciary should be politically defended from governmental and the exclusive power, this means that the court should not be exposed to culpable influence from other sections of government or personal interest [28]. One way to prop up judicial independence is by giving life term or long term for judges, which allows them to decide cases and make laws according to the rule of law and judicial discretion. Overview of Indian Court Structure The exclusive feature of Indian constitution is its judiciary. Single incorporated system of courts manages both union and state laws. The Supreme Court of India The Supreme Court of India is the highest court of the land. It is the vital explainer and protector of the constitution and the laws of the land. It is the highest court of petition or appeal. It takes up request against judgments of the regional high courts. The Supreme Court of India consists of Chief Justice of India and 30 other judges who are appointed by the president. High Courts High court is head of each states judicial administration. There are around 21 high courts for Indias 28 states, 6 union territories and one national capital territory. These courts have a power over a state, a union territory or a group of states and union territories. As the part of the judicial system the high courts are officially free of state legislatures and executives. Each high court within the country is a court of record for implementing original and appellate jurisdiction inside a state or territory. It also issues proper writs in cases regarding constitutionally assured fundamental rights. The high court controls or over sees all courts within its jurisdiction, expect for which deals with armed forces and can transfer constitutional cases to it from the lower courts. The said court have original jurisdiction on revenue matters. They under take original criminal cases by a jury, but not civil cases. According to article 141 of the Constitution of India all courts in the l and including high court are bound by the orders of Supreme Court. High courts are controlled by the chief justice. Judges of high court are appointed by the president of India after consulting with the Chief Justice and the governor of the state. Lower Courts High court has the power of supervising the lower courts within its jurisdiction namely the district and session courts and their lower courts [29]. The district and the session courts consist of the lowest level of courts and are also known as trial courts and it applies both federal and state laws. States are divided into districts and inside each district a district judge and sessions judge heads the judiciary. A district judge is in charge of all civil cases and sessions judge over the criminal cases. State Governor after consulting with the states high court appoints these judges. Civil cases are filed in Munsif courts, also known as sub district courts. Lesser criminal cases are handed over to the subordinate magistrates working under the high court. Village level disputes are mostly resolved by Panchayats or Lok adalats. Executive The President of India is the Head of the State and the Commander-in-Chief of the armed forces [29]. He is elected by the democratic board composed of members of both the Houses of Parliament and the legislatures of the nations constituent states. The President holds the position for 5 years and he can be re elected. The president does not normally implements any constitutional powers on his own inventiveness. But these are done based on the instruction given by the Prime Minister and the Council of Ministers. The Prime Minister is appointed by the President, who is chosen by the legislators of the political parties. President then appoints other ministers on after consulting with the Prime Minister. Prime Minister can remain in office only when he or she enjoys the majority support from the Parliament. The Vice President is elected by the members of both the houses the lower and the upper houses of Parliament. The Vice President takes the power of President in case of death or resignation of the current President. Indian legal system is mostly based on the English common law and statutory law, and most of the state and the territorial law are based on English common law. Indias dedication to law is created in the constitution which made India into a sovereign democratic republic, which contains a federal system with law-making form of government in the union and the states. The main resources of law in India are the Constitution, statutes, customary law and case law. Parliament, state legislatures and Union Territory legislatures endorse the statutes. In addition to that there is a huge body of laws known as subordinate legislation in that form of rules regulations made by central and state governments and local authorities like municipal corporations, municipalities, Gram Panchayats and other local bodies. Subordinate legislation is made under the authority s assigned either by the parliament or state or union territory legislatures. The official publications of laws of India are recorded in major parliamentary legislation such as the India Code. Indian laws stick on to the United Nations guidelines on human rights laws and the environmental law. .