How do diplomacy,economic policies and military action work together Research Paper

How do diplomacy,economic policies and military action work together in the United States foreign policy - Research Paper Example To date, we consider the US as the strongest economic power on the global sphere as well as the strongest nation in the entire world in terms of wars. She has the most sophisticated machinery and military personnel’s than any other country in the world. She has as well the strongest army in the world. Above all, the economy of America has overtaken any economy in the entire world at present. The world’s economic base is pegged on the dollar monopoly whereby the US dollar is used as the world’s medium of exchange and for business transactions across the entire globe. It is only the United States currency which has been accepted as the medium of exchange for all international business transactions and not the other currencies. Even though the European pound is also used for international business transactions, it is the US dollar which dominates the global market. The European pound has only been used to a limited scale especially among the nations making up the Eu ropean Union and a few of her colonies. Heo and Karl (2004) argue that the stability of the United States monopoly of the world has however been threatened by some other rising world economies (Heo and Karl 2004). These other small economies which have been rising to keep at purr with the US economy include that of Japan and China. These economies however have not reached the levels of being able to control the world economy as the United States has managed. There is power in the extent or the area of land and the total population commanded by a state to be considered powerful. The small economies mentioned above have not been able to make it to the global sphere because of their small land sizes as well as their small populations. In terms of military specialization and war dominations, the world has been looking forward to the development of nuclear weapons for purposes of war. Many nations considered to be among the strongest nations in the world have developed very technical and sophisticated war machines. Wang has listed some of these such as South Korea among others. These countries have as well developed very lethal nuclear weapons which have been considered a major source of threat to the entire world (Wang 1999). As a result there have been rumors of wars as well as some other wars fought between various nations of the world. The rumors of wars are what the political analysts and war experts refer to as the cold war and begun some years ago. In order to maintain the economic, political and military power, the united states knows very well that she has to employ certain techniques to enable her survive in her position. This paper will investigate how the United States of America has been using her political, economic and diplomatic mechanisms in her foreign policies to rue the entire world and to establish herself as the world’s super power. 2 The monopoly of the US economy and military power has been threatened by some countries today forcing t he US to revise her stand on how she controls and rule the world. Some of the states which have posed threats to US of late include Iran, Syria among others (Kegley 1998). These are mostly the Arab nations. These countries have made America to realize the need to strengthen her missions abroad and change the overall process of monitoring the world’

Your Own Franchise, Part 2 Assignment Example | Topics and Well Written Essays - 2000 words

Your Own Franchise, Part 2 - Assignment Example In this paper, the researcher will focus on issues like legal rights of the franchisee, financial obligations of franchisees, market segments for this franchise, factors involved in determining a site for the franchise, possible challenges and current phase of franchisee. Background of Allstate Insurance Company will be briefly discussed in the next section in order to develop situational framework for this paper. Allstate Insurance Company & Franchise Model Allstate Insurance Company was founded in 1931 and became publicly traded in the year 1993 (Allstate, 2013a; Bond, 2012). In USA, Allstate Corporation is regarded as largest publicly held insurance company that offers both personal lines property and casualty insurance services (Allstate, 2013a). As of 2011, total asset of the company is hovering over $125 billion while it was ranked 93 in Fortune 500 list. Allstate Insurance Company business model focuses on developing chain of franchise owners’ or entrepreneurial individ uals who are ready to act as â€Å"Allstate Exclusive Agents† and sell wide range of financial and insurance products of Allstate Insurance Company to customers such as auto insurance, property insurance and investment services (Allstate, 2013b; McCarthy, 2010). ... ce*, Allstate*, and Esurance† while promoting and marketing Allstate Insurance products like life insurance cover, retirement insurance cover, health insurance covers, fixed deposits, auto insurance, home insurance and fixed deposits (Bond, 2012). Legal Rights as a Franchisee In case of working under the trademark Allstate Insurance Company, individual agents holding the rights to sell Allstate Insurance products are being classified as franchisee owner while Allstate Insurance Company can be classified as franchisor. From 2000 onwards, Allstate Insurance Company converted all of its existing franchisee as independent operation in order to get tax advantages while legal rights of these franchisees are being governed through ‘independent contractor’ norms (Napaausa, 2013). Although, Allstate Insurance Company converted its franchisee owners to independent agents but job description remained unchanged. Therefore, legal rights of independent contractor or franchises r emained disregarded in case of franchisee-franchisor relationship for Allstate Insurance Company. As par Employee Agent (EA) agreement, franchisee owners are needed follow all the employee responsibilities on behalf of Allstate Insurance Company yet they would not be liable to get compensation like federal unemployment compensation or contract compensation (Napaausa, 2013). As par Section XVII, Section XVII.B.2 and Section I.A of the EA Agreement, franchisee contract can be terminated without payment of commission or non compliance of responsibilities mentioned by Allstate Insurance Company (Judiciary, 2012). Legal rights of franchisee is being dominated in EA Agreement while some undue favor has been given in favor of the franchisor such as minimum accountability for supporting actions of franchisee,