Mortgage Fraud in the UK Essay Example | Topics and Well Written Essays - 5000 words

Mortgage Fraud in the UK - Essay Example While past research has focused on the personal motivating factors behind the commission of a white-collar crime, this particular article review several facets of the crime itself and explores the possible neighborhood risk factors that help attract the crime. From a national perspective, mortgage fraud seems to take place more frequently in neighborhoods that have low socioeconomic indicators. These links become even more distinct when the amount of fraud occurrences within the community is factored in as a variable. Upon disaggregating the data according to the region, the fraud indicator variables also display differing trend levels, perhaps indicating that as mortgage fraud practices begin to mature within an area, its community dynamics are likely to modify as well.  In conclusion, mortgage fraud is on the increase in the United Kingdom and good measures need to be put in place to curb the crime. A delay in proactive and preventive measures in regard to mortgage fraud will gre atly affect the economy and that the revenue collected by the government will reduce drastically. Mortgages have a long history spanning from the 12th century but have been in common use in the UK housing sector since 1925. The word mortgage is said to derive from the French for a ‘dead pledge’ meaning â€Å"the one in which the borrower has to find ways to repay the loan† (Giles 2009). According to Giles (2009), the process of securing a mortgage can be defined as â€Å"Alien on a piece of land or property as security for a debt†. During late 2008 and early 2009, the downturn in the UK economy had a drastic impact on the once strong housing sector with house prices slumping and mortgage approval decisions declining (House Price Crash 2009). A leading factor as to why lenders run into financial trouble was lending to applicants who had provided falsified information (BBC News 2009).  

Dubai Port World Research Paper Example | Topics and Well Written Essays - 4500 words

Dubai Port World - Research Paper Example In taking this customer-centric approach, DP World is building on the established relationships and superior level of service demonstrated at its flagship Jebel Ali facility in Dubai, which has been voted "Best Seaport in the Middle East" for 15 consecutive years. In 2008, DP World handled more than 46.8 million TEU (twenty-foot equivalent container units) across its portfolio from the Americas to Asia - an increase of 8% on 2007. With a pipeline of expansion and development projects in key growth markets, including India, China and the Middle East, capacity is expected to rise to around 95 million TEU over the next ten years. In the fast-paced world of today where technology is the dominant factor, it is essential for businesses to retain their customers in order to grow and expand. Dubai Port World has been concentrating on improving its organizational performance through a great deal of investment in its human resources. With a fully functional human resources hiring and compensation plan, DP World is one of the few companies in the field that can be looked up to in this field. DP World seeks to establish long term relationships with its customers and for that purpose it has constantly focused on its organizational performance. It is necessary for the company to identify the variables that affect its performance. Though there are various accounts regarding different variables being the most important ones that affect organizational performance, it cannot be ascertained that one of these is the most dominant without proper research. However, the three most important variables whose effect on organizational performance outweigh the effects of other variables are: communication, motivation and commitment. The direct effect of these variables has had proven improvements in organizational performances of other corporations in the past. It is necessary thus, to understand which of these three variables has the greatest positive (or negative) impact on the organizational performance, measured in terms of output and productivity, of Dubai Port World Company. Hypothetical Framework It is necessary to underpin a hypothetical framework to any research for the purpose of meaningful analysis and conclusions. The hypothetical framework for this research will be based upon published research and observations in human resource behavior. The framework for this report would be that communication, motivation and commitment are three independent variables that improve

Chapter 7 Reaction Paper Essay Example | Topics and Well Written Essays - 500 words

Chapter 7 Reaction Paper - Essay Example Stereotypes end up dehumanizing a whole group of people, essentially pigeonholing them without giving them any chance to prove their own unique identity. When talking about the â€Å"accuracy† of stereotypes, I did not like the fact that the author mentions that some stereotypes are â€Å"accurate.† The fact that he goes on to mention very objective terms (like the income of a certain group of people), further augments my point. Stereotypes, I feel are based on subjective terms and not objective ones, and that is precisely why they are so damaging. However, I did like the idea the author then goes on to say how, even though we cannot get rid of stereotyping all together, we need to recognize them for what they are so that they can be productive and not destructive. In this regard the chapter itself contains certain stereotypes, which the author also admits. However, I would have liked it if there had been mention of stereotypes causing prejudices to be formed. I liked h ow the article relays the idea that we need to acknowledge that people are different, or that certain groups of people will be different as a collective. However, if that is true, then, perhaps, there is a premise for stereotyping to be an effective social tool. Nonetheless, it need not be so if we refrain from making rigid assumptions about a whole group of people and applying them on individuals as well.