Justice within Business Essay Example | Topics and Well Written Essays - 3000 words

Equity inside Business - Essay Example This reference to the new Testament educating to do unto others as one would have done unto oneself places an ethical setting to the portrayal. Mandeville will portray a gathering of individuals who are essentially deceptive They are loaded with the individuals who have conceal'd deserts inside the items they are selling, or who sell their Product past their Worth:. Here is the essential rule that an agent appears to hold fast to as per Mandeville: making a benefit at any cost, regardless of whether the methods are straightforward or something else. In the narrative of Decio and Alcander, Mandeville showswhat difficulties may happen when two similarly untrustworthy businesspeople endeavor to exploit the other. From multiple points of view there is no right or wrong inside this story but instead sort of Machiavellian story of the control of one individual by another (Machiavelli, 1982). The narrative of the purchaser and the merchant of sugar both endeavoring to control the other so as to get eh most ideal cost for what they consider to be the circumstance is both interesting and uncovering. The reality the two of them will use inside data to endeavor to delude the other is a typical practice today as much as it was in the Renaissance time frame. The incongruity that both comprehended the market well overall but additionally appear to have been self-misdirected with regards to the guarantee of what they are hearing is superb. Alcander hears that a huge shipment of sugar is going to originate from the Indies thus understands that the cost is going to fall and hence looks to expel Decio from information on it. Decio obviously hears that the armada has in truth sunk, thus the costs are relied upon to increment 25%. The two men endeavor to control the other, and are basically depicted as rather talented entertainers. So how covetous soever he was to sell, the other was at this point progressively anxious to purchase; yet them two terrified of each other, for an extensive time, falsified all the Indifference possible. There is a component of gamesmanship present inside the specialists as Mandeville portrays them. They seem to appreciate the cheating and control that is an integral part of the business world that they possess. Nor is impacted by soul in any capacity. 2) Discuss how people with such a character has motivation to act decently (reference section b) With trademark incongruity and realism, Hume handles the subject of how the heel should act specifically circumstances and furthermore when in doubt. Hume expresses that the thought that genuineness is the best strategy, might be a decent broad guideline, yet is at risk to special cases. The villain has motivation to act decently when his particular conditions imply that he will pick up the most through doing as such. In this manner the rapscallion will watch the general principle at whatever point conceivable, as this is the most secure course inside life and individuals will respect him. Be that as it may, when the exemptions emerge, as they frequently appear to do inside Hume's perceptions, he should exploit them. To be basic, a heel will possibly act reasonably when it is to his greatest advantage to do as such. A Kantian crystal may help in seeing how reasonableness would possible be able to happen among such obviously childish and simply individualistic individuals. Kant's concept of the clear cut

Team performance management

For the duration of their lives, individuals aggregate experienceswhich shape them. These encounters lead numerous to hold differentiating perspectives and topractice dissimilar philosophies. Contrasts can be solid; individuals can learn fromeach other regardless of their disparities. A significant change in my life favored mewith the information and comprehension of two boundlessly divergent subcultures ofAmerica. It is important to recognize be-tween the two drasticallydifferent lives I have driven. During my first life my nation life - I experienced the most trusting, capable, persevering men I have ever known. I was brought up a ranch kid in Central Illinois in a ruralcommunity. My family and I lived on a huge family ranch of around 120 sections of land wherewe developed corn, beans, wheat and more corn. Our nearest neighbors and companions weremy cousins, auntie, uncle and grandparents. Since they lived just a mile away, wesaw them consistently. Everybody shared basic bonds in the nation; we as a whole dependedon the climate and on one another, and were God-dreading people. We will compose a custom article test on Nation Boy, City Boy or then again any comparative theme explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page Lifewas moderate and unsurprising. It was a curious way of life, since I think back on it.We lived directly off Rural Route One of every a house that had been passed down from onegeneration to the following, as most in that piece of Illinois. Our hundred-year-oldhome had been renovated commonly was still wrecked. After we moved, itwas torn down to account for more homestead land. There were peculiaritiesthat some may discover hard to comprehend. The ties that bound the nation folktogether were only one differentiation. In our town of 100 (on the off chance that you tallied all thecats and pooches), everybody knew everybody. In the event that Jim and Sue went out on the town, notonly did everybody think about it, they likewise knew how Jim treated Sue. There was aninherent obligation and trust in this rustic milieu, and therefore, one washeld responsible for each activity. There was a quiet trust betweenpeople. For instance, once in a while devices things critical to a rancher - would be absent. At the point when I would report their nonattendance to my granddad, he thoughtnothing of it since he had mentioned to a large number of our neighbors to just take what theyneeded. Sufficiently sure, the apparatuses would be back in their places in a couple of days. Alongside this trust was the confidence in and reliance on the extendedfamily. Hardly any individuals see how close and significant this can be. My cousins andsister were my closest companions. I experienced childhood in an environment where family and friendswere similar individuals. This foundation has affected the manner in which I trust and care formy companions as though they were family. This is the means by which it was done in the nation. My kindergarten class had six understudies, all young men. We confided in each otherand thought of one another as family, not only companions. This was just how wewere raised. This permanent perspective on connections has brought me delight, especiallyafter we left the ranch. At the point when my family moved to Houston, I started mysecond life my city life. As a result of my dads profession, wetraveled to this place that is known for fresh new chances. The progress was unquestionably a cultureshock. In the high rise where we lived until our home was assembled, we werethe just Caucasian family. That was new; in the nation, everybody was white. Igradually got familiar with the accents of my new companions and learned abouttheir religions and dialects. At the point when summer finished and school began, thenew world I lived in showed me more individuals. My educator was dark, and oneof the best instructors Ive ever had. She showed us how unique culturescelebrate occasions, including Kwanzaa, which I had never known about. I wasintrigued, and acknowledged how oblivious I was of different societies. In reality, my firstfew years in Houston were a social edification. Not all I learned wasgood, however. Brutality, reviling, taking, medicate misuse and different practices thatwere uncommon in the nation were noticeable. From the outset it stunned me, yet I soon grewaccustomed to it and inevitably figured out how to endure it. This acknowledgment ofdifferences was one of the numerous things city life bit by bit instructed me. Thetransition in my life constantly uncovers to me how credulous my old perspectives were.While once I had desires of turning into a rancher, the transition to the city convincedme that maybe I ought to take a stab at additional. My folks have gambled a lot and givenup more to permit their youngsters more noteworthy chances to succeed. Livingin such two particular societies has helped me find that change is fundamental andimportant in creating unprovincial sees on life. By fusing positiveattributes from each culture and gaining from them, I have built up a solidvalue framework that will assist me with enduring difficulties. My insight into theselife-styles furnishes me with a one of a kind view on life which will, I trust, empower meto further comprehend different societies.

Minecraft Discuss

Minecraft Discuss Hi everyone. As you all know from Matts post, decisions will be released in two days time, at 9 PM on Thursday. But because neither of us should be stressing out about that, this blog post is about something else entirely: Minecraft. What is Minecraft? Quoth Wikipedia: a sandbox building video game which allows players to build constructions out of textured cubes in a 3D worldThe game is divided into two main modes, Alpha and Classic, where Classic is focused entirely on construction while Alpha additionally contains enemies, a health meter, and additional features and items. Basically some Swedish guy named Notch got bored at his job as a game dev and decided to make a super-retro 8bit blocky construction / run away from zombies game. But that doesnt really answer the question of what Minecraft is, so maybe this will: I play alpha/survival, which means that during the day I run around and kill pigs and chop down trees and run away from creepers and during the night I hide away in my bunker and dig dig dig dig dig dig dig dig forever. Others play creative mode, where you have infinite materials and no enemies and you just build ridiculous stuff like a scale model of the Starship Enterprise. There really isnt anything else to this post. Minecraft is a fun silly game in which you can do fun silly things. Minecraft chat below; if you post something cool in the comments Ill edit it into this post. Edits: Not Minecraft, but it does talk about digging; if you begin feeling stressed out about decisions (or Minecraft zombies), just dim the lights and chill out to this Pogo Disney remix.

Evaluation of Business Ethics to Bank Muscats Stakeholders Free Essay Example, 2750 words

The major teleological theories of business ethics are utilitarianism and egoism. There is a distinction between egoism and utilitarianism. The consequences to other people will define acts as either ethical or unethical in utilitarianism, while in egoism the consequences to one s self will define acts as either ethical or unethical. Utilitarianism could be summarized by the phrase, the greatest good for the greatest number . Under utilitarianism, actions are supposed to be evaluated based on their consequences. Such theories are thus called consequentialism. Jeremy Bentham founded classical utilitarianism, and his theory is grounded on his understanding of human nature. People always attempt to seek pleasures and evade pain. This type of moral behavior is known as hedonism, and it considers good and pleasures as similar. The utility principle is the basis of Bentham s theory, the greatest good for the greatest number of individuals and egoism. Under utilitarianism, an act is cons idered appropriate from an ethical perspective only if it produces a net utility that is greater than the net utility another act produces. These utilitarian theories are further divided into two forms. We will write a custom essay sample on Evaluation of Business Ethics to Bank Muscat's Stakeholders or any topic specifically for you Only $17.96 $11.86/page

Newark Nj Crime Essay - 799 Words

Jasmin Wilson English 101 August 6, 2011 Lay Off Of 167 Newark Police Officials Increases Crime in the City There are a lot of social problems in my community. The most current social issue is that Newark, NJ has laid off 167 police officials on November 30th of 2010. This was 14% of the police working for Newark. They were discharged from several precincts within Newark. Jen Chung from Gothamist stated crime has increased there have been numerous carjacking’s—victims include a staffer in the NJ Attorney Generals office and a Newark school principal—and shootings (since Thursday, four people have been shot dead and six have been wounded). Since the layoff of police, residents have†¦show more content†¦Robert Andrews a laid off officer stated in the Star Ledger â€Å"I’m concerned with the citizens, he said. If it took 167 of us to bring Newark back, how can they go on without us?(Giambusso and Friedman,† Laid off Newark police officers cope with une mployment.†) Secondly, Crime will decrease in Newark, NJ by the city assigning more officers to be on patrol instead of doing desk work. If there were more cops on patrol there would not be a lot of crime rate to begin with. Some officers do not get the chance to patrol. If Newark assigns these officers to patrol instead of doing desk work the crime rate would instantly drop like when Newark had its first crime free month since 1966. Newark is a large city that need close attention because of poverty and etc†¦ People cannot even walk down the street without worrying whether or not they will come back alive or dead. Robert Andrews also told the Star Ledger â€Å"he had been inundated with calls from residents to patrol Newark’s streets.†?†(Giambusso and Friedman,† Laid off Newark police officers cope with unemployment.†) If somebody does not step up to the plate Newark residents will be in jeopardy again. Last but not least, Crime will decre ase in Newark, NJ by starting neighborhood watch programs. If residents are informed about neighborhood watch programs that will be anonymous then crime will also be less. If there was a program started that allowed residentsShow MoreRelatedCommunity Windshield Survey733 Words   |  3 Pagespaper is The South ward of Newark, New Jersey where the hospital which I work is located. Newark is an urban community consists of primarily of African American and Hispanic population. The South Ward of Newark and contains 17 public schools, five daycare centers, three branch libraries, one police precinct, and three fire houses (City of Newark New Jersey, 2013). The city’s property and violet crime levels tend to be higher than New Jersey’s average level (Newark, NJ Profile, 2013). ObservationRead MoreEthical Considerations in the Legal Prosecution of Robbery and Murder Cases926 Words   |  4 Pagesthe author will consider the various ethical considerations and problems that w ill need to be addressed in the legal prosecution of a robbery and a murder case. This will include dealing with the ethical problems involved in the investigation of the crimes as well as prosecution problems that arise when the case is presented for trial if the investigator was unethical. Finally, we will examine the ethical issues that are directly related to the prosecutor in these cases. Analysis-General Issues Read MoreNewark and Philadelphia Policy Review1276 Words   |  6 Pagesthat the cities of Newark and Philadelphia implemented and why these issues are important. The analysis will also examine the programs each city created to address the violence in the specific urban areas of their city and the impacts the programs have had to date. The purpose of this study was to determine the effectiveness of police foot patrol as a means of deterrence through apprehension and as a means of risk reduction, community and problem oriented policing, high crime neighborhood hot spotsRead MoreCriminal Homicide And Its Effect On Society1436 Words   |  6 PagesThroughout time there has been a very high number of crimes committed in the world. Crime is an action that constitutes an offense that may be prosecuted by the state and is punishable by law. One of the most common and well known crimes is homicide. Homicide is the act of a human being causing the death of another human being. There are bo th unintentional and intentional homicides, and many different types of homicides are generally treated very differently in human societies; such classes of homicideRead MoreTesting the Effectiveness of the CCTV Cameras in West Palm Beach, Florida1595 Words   |  6 Pagesdocumented (Armitage, 2002; Gill Spriggs, 2005; Welsh Farrington, 2009). This vast expansion can be traced back to the Home Office in Great Britain, where they issued a call to law enforcement agencies to use CCTV-related initiatives as a viable crime prevention strategy (Painter Tilley, 1999). In 2002, it was estimated that there were over 500 CCTV systems, with approximately 40,000 cameras in operation in the United Kingdom (Armitage, 2002; Gill, Rose, Collins, Hemming, 2006). Today thoseRead MoreSubstance Abuse Within The Community3198 Words   |  13 PagesHealth Problem Statement: After thorough investigation of the homeless population in Newark, the problem that is going to be discussed in this paper is substance abuse within the community. On a broad level, one of the biggest issues facing New Jersey today, as a whole, is the increase use of illegal drugs and substances, specifically heroin. As a direct consequence of drug use, 797 people were reported dead in New Jersey in 2007 (New Jersey Drug Control Update - White House, 2013). This numberRead MoreEssay on American Gangster613 Words   |  3 Pagesemerge of drug traffic and trade was in the streets of Harlem, New York. Denzel Washington plays real life gangster- Frank Lucas back in the 70s that was originally from North Carolina. Lucas moves to Harlem and is apprenticed under a notorious crime boss- Bumpy. Russell Crowe plays detective Richie Roberts Ââ€" a New York detective that has a task to bring the drug trafficking and corruption between the police department to heel. In the movie also plays Josh Brolin the sleazy cop, along with a hostRead MoreEssay on Rubin Carter: The Hurricane1299 Words   |  6 Pages(Dylan, Bob). The question: What is justice? According to whose point of view? In the 1960s, were blacks treated fairly? Case in point—Rubin â€Å"Hurricane† Carter who was finally released from jail after 19 years of being wrongfully imprisoned for a crime he never committed. Rubin Carter in no way has experienced an easy life. He was born on May 6, 1937, in Clifton, New Jersey. At the time, Clifton was a very controversial place to live. Blacks were being treated unfairly from birth because of theRead MoreAnalysis Of Ratcliff Focused On Hotspots864 Words   |  4 Pagesresearchers used violent crimes such as homicide, aggravated assault and robberies from the INCT database of the Philadelphia police report from 2006-2008. These measures have face validity since these are common violent crime that large cities have. The database used is a valid way to estimate crime but also does have limitations. The limitations of using official data from a police department is the not reported crimes that happen. Unreported crimes are a dark figure of crime and must be taken intoRead More Megans Law: Protecting American Families Everywhere Essay1128 Words   |  5 PagesFamilies Everywhere nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;In the summer of 1994 in Hamilton, New Jersey, a small girl by the name of Megan Kanka was raped and murdered by a convicted pedophile, Jesse Timmendequas. The shocking crime rocked not only the small town, but the entire country. A desperate mother told reporters â€Å"Please, please help us find our daughter, she’s a wonderful girl ... she’s only seven. Let her come back.† (www.crimelibrary.com) No mother should ever have

Nat Turner Researched Essay (with Citations) Free Essays

Nat Turner English 10 5 March 2012 There comes a time when everyone has to choose what they want to do with their lives, and few have done what Nat Turner has. He led a rebellion against his slave owner and opened the door for other slaves to begin their own fight for freedom. He was born a slave October 2nd, 1800 to Southampton County Virginian Benjamin Turner (â€Å"Nat Turner†). We will write a custom essay sample on Nat Turner Researched Essay (with Citations) or any similar topic only for you Order Now Turner was born into slavery by the slave of a refugee from the Saint Domigue revolt and raised on the plantation of Benjamin Turner. Benjamin Turner was one of the few slave owners that allowed Turner an education in reading, writing and religion – although he taught himself to read after being given a book (â€Å"Nat Turner Biography†). Nat Turner was a very advanced child, people around him at the time of his childhood said he knew the details of many events that occurred before his birth. He also had visions from a young age, and those he believed always led him to his great purpose. These visions led him to many different plantations and slave-masters in the attempt to find that calling (â€Å"Nat Turner Biography†). After his early education Turner was sent to various plantations like that of Benjamin Turners son, Samuel. He worked at each for several years, during one period he was the slave of a nine year-old boy whose father had just died until his mother remarried. He viewed his visions as a gift from God and learned to become a preacher in adulthood, while still working as a slave (â€Å"Nat Turner: A Troublesome Property†). At his fourth and final plantation Turner would start receiving visions of creating an uprising to free him and his fellow slaves. He gathered followers and planned out the entire rebellion, believing it to be for the greater good of all black slaves. But a just day before he could instigate the rebellion Turner got sick and the rebellion was held off until he was well enough to lead and fight (â€Å"Nat Turner: A Troublesome Property†). It would take a short period of time for Turner to get better before he had another ‘god vision’ telling him when the time would be right for an uprising. That time came in the form of a solar eclipse which Turner interpreted to mean it was time. He led forty men through several Virginia towns, killing at least 50 people. But Nat’s plan had been found out by whites who arrived to capture his small troupe. Turner successfully hid from the men until October 30, when he was captured and sent to the county jail. His â€Å"confession† was given to Thomas R. Gray before being sentenced to death by hanging (â€Å"Nat Tuner: A Troublesome Property†). Nat Turner is remembered in the South as being one of the first and most important rebels in history for this act of rebellion. Nat had one of the largest amounts of killings by slaves in his time, and he also is memorable for his openness about it. He was quoted in his confession as saying: â€Å"I see sir, you doubt my word; but can you not think the same ideas, and strange appearances about this time in the heavens might prompt others, as well as myself, to this undertaking. â€Å"(â€Å"Insurrection of Nat Turner, The†). Confessions of Nat Turner (1831). † Encyclopedia Virginia. Virginia Foundation for the Humanities. 24 Nov 2008. 7 Feb 2012. â€Å"Confessions of Nat Turner, The. † Wake Forest University. Web. 8 Feb. 2012. â€Å"Nat Turner. † International Encyclopedia of the Social Sciences. 2008. Encylopedia. com. 7 Feb. 2012. â€Å"Nat Turner: A Troublesome Property. † PBS: Public Broadcasting Service. PBS. 2012. Web. 7 Feb. 2012. â€Å"Nat Turner Biography. † Biography. com. AE Television Network, LLC. 1996-2012. Web. 7 Feb. 2012. How to cite Nat Turner Researched Essay (with Citations), Essays

Economic Policies and Global Environments - MyAssignmenthelp.com

Question: Discuss about the Economic Policies and Global Environments. Answer: Introduction The economic scenario in the global framework has undergone considerable dynamics over the years with some of the countries slowly emerging as the predominant and most influential economies of the world. These global economies have progressed impressively over the years in almost all the aspects and with huge commercial and industrial success are now capable of influencing the activities and prospects of other countries across the world. China is one such economy (Shambaugh 2013). China has shown immense economic growth over the years and is currently one of the countries with highest economic growth rate and industrial and commercial prospects. For expanding their domain of economic expansion and long term economic progress and commercial sustainability, China, in the recent years has proposed the implementation of a highly ambitious project of connecting the country to the other countries in Asia, Africa and Europe, with the objective of facilitating trade and commerce across the entire region (Lim 2015). Known as the One Belt One Road Project and with official announcement of implementation in 2013, the routes under the OBOR Project are expected to connect 65 countries across this region. This in turn is expected to have its influence on more than sixty percent of the population in the world, which contributes more than 30% of the world GDP (Minghao 2015). The OBOR Project, having its domain of operation over nearly all of the South East Asia, is expected to have immense implications on the economy of Singapore, one of the most eminent economically progressing countries in the South East Asian region. Being the third largest economically growing country (In terms of global GDP) and characterized by the presence of a highly industrial and least corrupt environment, the country has shown immensely impressive economic growth traits and is expected to emerge as one of the leading economies in the world in the not so far future. In this context, with the implementation of the OBOR Project, the economy of Singapore is expected to be considerably effected, the effects being both positive as well as negative (Li, Bolton and Westphal 2016). The report, keeping this in consideration, tries to analyze the potential opportunities as well as the challenges which the economy of Singapore is expected to face with the implementation and operation of t he ambitious OBOR Project by the government of China. OBOR: Overview The main objective of the Chinese government, behind the implementation of the One Belt One Road Project, is to connect the economy with all the growing economies across different parts of Asia as well as Africa, thereby facilitating trade and industrial growth not only in China but also the other 65 countries falling in this network. The proposed implementation of the same has been the source of extensive planning regarding the future projects that will be taken up by the concerned countries across the routes (Yunling 2015). The routes, being both through roads as well as Maritime ones create a complex and hugely expansive network, which can be shown as follows: As the above map suggests, in the newly proposed revamped Silk Route under the OBOR Project of China, there is a complex and hugely integrating network of Road as well as New Maritime Route which is spread across a huge arena. Several gas and oil pipelines are projected to operate within this network, which is expected to make this network even more viable and profitable commercially in a general framework. This is not just true hypothetically and has real positive implications as can be seem from the rapid increase in the Gross Domestic Product of China itself, which with respect to the global share, increased to as high as 16% in the recent periods from a significantly lower percentage (2.7%) only several decades back (Lo 2015). This OBOR Project, when in full operation, is also expected to influence the economic activities of Singapore massively, which is discussed in the following sections of the report. Expected Benefits and Opportunities from OBOR: Singapore Singapore, like the other South East Asian countries, has been gaining robust market and economic dominance in the global scenario with time, much of which can be attributed to the fast and efficient technological, industrial and commercial progress of the economy, catered by its pro-commerce environment and highly developing industrial sector. The country, like many other South East Economies fall in operational domain of the OBOR Project, which gives the country to accrue huge benefits and economic opportunities and ling term prospects from the project itself, designed by the government of China (Huang 2016). One of the advantages of the economy of Singapore is that it is one of the most developed economies in the entire South East region, not only in terms of economy but specifically in terms of infrastructure, industrial expansion, commercial gateway and economically enthusiast and able population, which together help the country to walk down the path of progress with ease and in an impressive pace (Cheong 2017). However, apart from this primary plus point of the economy, the country also has several other advantages and added inherent privileges which may be beneficial for the economy of Singapore itself, with respect of deriving the benefits from the OBOR Project and its operations, some of which are discussed in the following section: The first and foremost advantage of the country, apart from its already highly developing economy is the strategic geographical location. The country, being the heart of the South East Economic Region, is located very near to the major Maritime Routes and is already one of the busiest and highly commercially populated ports in the entire region. Keeping this into consideration, it can be asserted that with the OBOR Project coming in full operation, the country has robust chances to develop itself as one of the point or channel of a massive share of all the trade and commerce taking place in this network of the revamped Silk Route (Krishnan and Sriganesh 2017). For any economy to flourish and take advantage of any trade and commerce route, it is of utmost importance for the economy to have a robust infrastructural framework and an able technological system supporting the economic activities. This, especially in the contemporary periods, has been significantly achieved by the concerned country. Singapore, in the recent times, have not only developed its infrastructural and technological bases efficiently but is an inspiration to the other parts of the world in this aspect (TODAYonline, 2018). The country has the ability to take the pressure of highly increased transactions of the goods and services, which is expected to happen with the OBOR Project operating in its full capacity. The country thus has the chance of becoming not only the most important port but also a business hub in its own capacity. The country already enjoys significant commercial relations with the Chinese economy, which is actually implementing this ambitious project. There are already working Chinese bases of operations in the economy of Singapore, through which the goods and services are exchanged not only between this two highly active manufacturing countries but also with other neighboring countries. This is expected to give the country an added advantage, given the OBOR comes into existence with full power. The population of Singapore is also another important factor, which may contribute extensively to the capturing of the benefits from the concerned project. The country has been efficiently building a strong and productive educational framework, building up a highly skilled and productive population. With the implementation of the OBOR, many jobs are expected to get created which can be helpful for the economy for the purpose of increasing the overall level of employment as well as standard of living of the population in the general in the country (Jinchen 2016). Singapore, in the last few decades, due to its robust infrastructural base and economic resource mobility has been the centre of attraction of the investors across the world. The inflow of foreign direct investment in this country has been consistently increasing with the development of the industrial and commercial sectors of the economy. This shows the chance of a significant increase in the inflow of the investments with the operations of the One Belt One Road Project by the Chinese government as it will give even more exposure to the economy of the concerned country, thereby contributing to the long term sustainability and economy prosperity of the country (LIM 2016). The overall social, economic and political environment of Singapore is highly stable, which makes the country highly attractive for the investors, businessmen and entrepreneurs for expanding their domain of operation. This, with the implementation of the OBOR Project is expected to increase the economic activities in the country significantly, thereby positively contributing to the economys GDP in the coming years. As can be seen from the above discussion, there are considerable opportunities for the economy of Singapore to reap the benefits of the OBOR Project. There are especially several sectors in the country, which are expected to be highly benefited from the same: Tourism- Singapore has over the years, received huge global attention due to its beautiful as well as highly developed economy with infrastructural success. The country attracts huge number of travelers, both domestic as well as international, who come for the purpose of business as well as for pleasure seeking, thereby contributing to the growth of the tourism industry in the country (Arduino 2016). In this context, with the implementation of the OBOR Project and with the trade routes coming into operation fully, the tourism industry is expected to get a huge boost, attracting even more travelers with time. Logistics- The country, as discussed above, already enjoys the position of an eminent commercial hub in the South East Asian region, due to its extremely strategic location. The infrastructure and logistics in the country is already impressive with almost two hundred shipping lines operating all across the world. The logistics industry of the country, with the implementation of the concerned project is expected to reap huge benefits and economic prosperity and sustainability in the long run (Arduino 2016). Banking and the Financial Sector- With the investments flowing in from all corners of the world, the economic activities of the country is expected to increase manifold with OBOR coming into operation. This in turn gives the financial sector of the country the chance to play the role of mediator to the foreigners venturing in the local economy and reap the economic benefits in turn. From the above discussion, it can be highly asserted that there are immense scopes for the economy of Singapore to reap the benefits from the implementation of the OBOR Project. However, there are several feasible hurdles for the country and challenges the economy needs to overcome before it can enjoy the advantages of the OBOR Project, which are discussed as follows. Challenges to the economy: Singapore With the implementation of OBOR, there are chances of development of several other ports apart from that of Singapore itself, which now handles commercial traffic worth 5 trillion USD annually. These competing ports, primarily including those of the Klang port and the Malaccan port, are expected to give tough competitions to the country. If these ports come into action with their full capacities, then much of the commercial traffic is expected to get diverted from Singapore (Das 2017). The ports are also getting Chinese support to get developed to handle bulk cargo, which poses serious threats to the economic prospects of Singapore. With huge economic and financial transactions, expected to occur under the operations of the OBOR Project, exchange rate fluctuations can be a serious threat to the economy of Singapore, which can be a byproduct of the industrial and commercial transactions. (TODAYonline, 2018) Apart from the new ports, rail routes are expected to get revamped, which includes the East Coast Rail Link: This can also divert significant commercial traffic and economy prosperity of the economy of Singapore. With the operation of the OBOR Project, technological progress of other South East Asian countries is inevitable, which can be a threat to the market dominance of the economy of Singapore itself. Governments Role With the possible opportunities and threats from the OBOR Project, it is of utmost importance for the governing authorities of the country to keep on striving for even more technological and infrastructural progress, to strengthen its financial sector even more so as to facilitate proper channeling of the investments in the country. The government of Singapore also needs to emphasize on maintaining an overall pro-industrial, economic and progressive social structure, with minimized fluctuations both economically as well as politically. Conclusion The OBOR Project, as has been proposed to get implemented by the Chinese government, if implemented efficiently is expected to bring immense opportunities of prosperity and commercial benefits for the economy of Singapore, in terms of long term sustainability and industrial growth facilitated by the inflow of huge amount of investments from all the parts of the world. However, there remains several serious challenges, which includes the competition which Singapore is expected from its neighboring countries which are also expected to develop under the domain of operations of the OBOR Project, which has to be overcome by the government of Singapore. However, with the efficient planning and working of the government, as discussed above, the country is expected to be hugely benefitted with the implementation of the OBOR Project by the government of China (KONG 2016). References Arduino, A., 2016. Security in One Belt One Road: Singapores Role in Training Expertise. Asiantradecentre.org (2017).One Belt, One Road: Opportunities and Risks for Singapore (Part 1). [online] Asian Trade Centre. Available at: https://www.asiantradecentre.org/talkingtrade//one-belt-one-road-opportunities-and-risks-for-singapore-part-1 [Accessed 28 Dec. 2017]. Cheong, I., 2017. Assessment of the Economic Background of the OBOR.Journal of International Logistics and Trade,15(2), pp.72-82. Das, S.B., 2017. OBORs Digital Connectivity Offers Both Benefits and Risks. Huang, Y., 2016. Understanding China's Belt Road Initiative: Motivation, framework and assessment.China Economic Review,40, pp.314-321. Jinchen, T., 2016. One Belt and One Road: Connecting China and the world.Global Infrastructure Initiative website. KONG, T.Y., 2016. China's 21st Century Maritime Silk Road: Malaysian Perspectives. InChina's One Belt One Road Initiative(pp. 289-306). Krishnan, R. and Sriganesh, B., 2017. One Belt One RoadOpportunities and Risks for Singapore. Li, Y., Bolton, K. and Westphal, T., 2016.The effect of the New Silk Road railways on aggregate trade volumes between China and Europe(No. 109/2016). Duisburger Arbeitspapiere Ostasienwissenschaften. Lim, A.C.H., 2015. 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