People, Forests and Forestry Extra Credit Paper Essay

People, Forests and Forestry Extra Credit Paper - Essay Example In 2005, a total of 734 million hectares or 19% of the world’s forest can be found in Asia. But due to the problematic effects of deforestation and invasion of human activities in the forest, the highest rate of decline in forest area can be found in the Southeast Asia, which is 2.8 million hectares every year (Food and Agriculture Organization of the United Nations, 2007). The study conducted is focused on one of the six countries with the highest decline in forest area which is the Philippines. It ranks fourth to Indonesia, Myanmar and Cambodia, the problematic areas in Southeast Asia with regards to deforestation (FAO UN, 2007). The Philippines is recognized as one of the countries in Southeast Asia to have great primary forests but due to the deforestation activities, significant percentage of the country’s forested areas had been denuded. For this matter, a study on the present state of the forests in the Philippines is the main focus of the research conducted. The immediate solution is required in the issues related to deforestation in the Philippines due to the continuous effects that can be observed in the state of the land, the livelihood and the biodiversity of the country. Based on the results of forest area studies, from 1995 to 2005 one third of the forest cover had been denuded (Butler, 2009). The country is even known to be included in the group of Southeast Asian countries with the highest deforestation rate as shown in Figure 1. The forest cover of the Philippines is 24% of the total land area which is equivalent to 7,162,000 hectares. Of the said forest area 829,000 hectares are classified as primary forest which is equivalent to 2.8% of the total forest area (Butler, 2009). In terms of the deforestation rates, in the period from 1995-2005 the rate of decrease of forested area in the Philippines is 2%. From 2000-2005 the update is that the

650 questions 1 and 2 Assignment Example | Topics and Well Written Essays - 500 words

650 questions 1 and 2 - Assignment Example So no, avoiding unethical or illegal behavior had better not be in conflict with the goal of the firm unless its executives wish to find themselves facing prosecution. Yet Lockheed found itself in hot water many years with the US Government for giving bribes to foreign officials, even though it was accepted practice in the host countries. The very nature of a corporation develops an agency relationship between the stockholders and management. An article in the Yale Law School Repository shows the problem develops when the upper management’s ideas of running the company begins to conflict with the wants of its real owners, the shareholders, whose main goal is making money. It specifically mentions such things as country club membership and private use of the corporate jet. Unless those perks are contracted and part of the executives’ bonuses, such personal joys would be illegal and a definite conflict of interest (Macey). East Coast Yachts has a very complicated cash flow. If it costs $435 million to have $617 million in sales of its boats, that would mean each quarter the company would need in excess of $100 million just to continue its manufacturing process. How they have been managing thus far and still continue to pay almost $18 million in dividends in 2008 is amazing. All it would take is one market dip for the company to be headed for financial trouble. However it is true that the average luxury sea craft buyer has little concern for economic downturns, as the sales figures for super yachts have shown to have grown astronomically during one of the worst periods of recession since the Great Depression (Boat). It seems that East Coast has grown considerably, in that assets increased $40 million between 2009 and 2010. With a net $17.8 million growth in debt in the current year, the company raised much needed capital. Ms Warren has admitted that poor planning has led to a volatile situation.