Female genital mutilation and human rights Term Paper - 1

Female genital mutilation and human rights - Term Paper Example The UN is clear in its condemnation of the practice, stating unequivocally that it violates the basic human rights of girls and women and denies them of their physical and mental integrity, their right to freedom from violence and discrimination, and sometimes even their lives. At the same time, however, the UN recognizes that FGM is deeply entrenched in many cultures in the world, and as a result, difficult to end without respecting these cultures’ values and systems of belief. How, then, does the condemnation of FGM by many international organizations such as the UN and WHO fit into cultural relativism? This paper will seek to reconcile these two seemingly contradictory ideas. How can these organizations condemn such a practice without alienating large groups of people? First, I will provide evidence that FGM does indeed violate the human rights of the girls and women who are forced to withstand it. Then I will illustrate how the concepts of cultural relativism fit into it, and how those interested in promoting the health and welfare of women and girls all over the world can use these concepts to eradicate it. As WHO states, FGM â€Å"reflects deep-rooted inequality between the sexes, and constitutes an extreme form of discrimination against women† (â€Å"Female† n.p.). The UN states that FGM violates the rights of both children and women, and cites two major UN proclamations, the 1979 Convention on the Elimination of All Forms of Discrimination Against Women (CEDAW) and the 1989 Convention of the Rights of the Child (CRC). The UN clearly states that FGM violates the CRC because it compromises the â€Å"right to life, the right to physical integrity, the right to the highest attainable standard of health (including, with maturity, reproductive and sexual health), as well as the right to freedom from physical or mental violence, injury or abuse† (Lewnes 15). It is also a violation of the child’s right to development, protection, and full

Understanding the concepts Essay Example | Topics and Well Written Essays - 1000 words

Understanding the concepts - Essay Example The ideal ratio is 2:1. Inventory turnover ratio = cost of goods sold/ average inventory. It will be compared between firms to check the efficiency in inventory management. High inventory turnover ratio indicates sound inventory management. Return on capital employed = (profit before interest and tax/average capital employed)*100. It will be compared to check how much return the firms are earning in respect of the gross resources been deployed in the firm (Bull, 2007). 2. Explain the advantages and disadvantages of debt financing and why an organization would choose to issue stocks rather than bonds to generate funds. Ans. The primary advantage of debt financing is its allowing the founders to retain control and ownership of company. In contrast to equity financing, it enables the entrepreneurs to make key strategic decisions and to reinvest and keep more company profits. It also provides small business owners the greater degree of financial freedom than equity financing. Debt obliga tions are limited to the period of loan repayment after which no further claim can be made by the lender on the business. The main disadvantage of debt financing is its requiring the small business to make monthly payments of interest and principal regularly. Most lenders provide severe penalties for missed or late payments including charging of late fees, calling early the due loans and collateral possession. Failure to pay on loan can affect adversely the credit rating of small business and its ability of obtaining future financing. Also it will be difficult to obtain loans for unproven businesses since lenders seek security for their funds (Creamer, et al., 1960). An advantage of stock over bond are-One of the major advantage of stock is its unlimited potential. There is no ceiling on investment in buying stocks. The stock price can double, triple or may get multiplied. Stocks tend to have better performance over bonds in case of long term investment. Money may be lost in some ye ars for wide fluctuation in stock market but it will give better return to investors in long term. Trading with stocks facilitate transaction. 3. Discuss how financial returns are related to risk. Ans. Gain or loss from investment is derived from the relation between financial risk and return. If an investor invests in securities having low risk then it will have a small return. If the risk factor associated with security is high then investor could have the potential to earn high returns. The balance between highest possible return and lowest possible risk is given by the risk/return trade-off. A standard deviation indicates higher risk with higher possible return. 4. Describe the concept of beta and how it is used. Ans. Beta can be defined as the measure of volatility or systematic risk of portfolio or security as compared to market as a whole. It is the tendency of return on a security in respond to market swings. Beta is used in capital asset pricing model (CAPM) which calculate s expected return of an asset on the basis of its beta value and expected market returns using regression analysis. Beta is otherwise known as beta coefficient. Beta equals to one indicates movement of security’s price with market movement. Beta less than one indicate security will be less volatile