...the capitalist countries of the world in the recent past. Globalization in particular has led to the birth and expansion of neo-colonialism. Puerto Rico forms the most significant example of this movement. First, it was a colony of Spain for about 4 centuries. However, through war, the country managed to kick out their colonial masters in 1898. Thereafter, the United States, a modern colonial master was obtained. As a consequence, struggle for independence and nationalism of the country has been frustrated by the hegemonic power created by the United States. Further, the economy of the country has been extremely downtrodden and this forms the focus of the paper. On 3rd May 2017, Puerto Rico was officially declared the largest bankrupt nation by the public bond market of the United States. As stated by Gonzalez (2017), the economy of the country has reached a breaking point with a debt of $123 billion owed by the government and public corporations to the bondholders. This is ironical for a country that has been dubbed by many as a perfect tourist destination. The poverty level in the country...
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...Final Global Business Plan Paper Chris Fischbach, O.H. Hudson Jr, William Del Valle MGT/448 Global Business Strategies February 15, 2012 John O'Brien, MBA Final Global Business Plan Paper * In the previous weeks, Team D set out to gain a better understanding of globalization and determine if opportunities exist for branching out their fictional company DeltaCompCarib (DCC) into a new global market. During this time the team developed a business strategy to promote DCC and bring its product line to Puerto Rico. Early on DCC had to conduct a regional analysis, country analysis, and an organization and product or service analysis. Regional Analysis Regional Alliances and Economic Integration Puerto Rico is just one of many Caribbean countries, which make up the Caribbean Community and Common Market (CARICOM). This regional integration between Caribbean countries, formed in 1973. According to the United States Trade International Commission (2008), “The purpose of regional integration is to achieve economic gains through free trade flow and investments between neighboring countries often by lowering or eliminating tariffs against imports from fellow member countries. These actions increase duty free trade, tourism, movement of labor, and the flow of capital across national borders, reducing the possibility of conflict. Regional integration promotes global business in that it removes, in stages or altogether...
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...Mexican Americans and Puerto Ricans, A new beginning in the United States North America is known to have various groups of different ethnic backgrounds and cultures. Most people in the United States if not them have ancestors who moved to the U.S for a better way of living or to escape challenges that arrived in their respected countries. According, to www.education.byu.edu Individuals of the Latin American origin contains over 14% of the population of the United States. The two groups that will be discussed in this paper will consist of American Mexicans the largest of the Hispanic groups and Puerto Ricans who are the second largest group of Hispanics in the United States. The Mexican American and Puerto Rican groups are the fastest growing group in such states as Utah, New York, Illinois, Texas, California, Arizona and Colorado. The Hispanic population continues to rise in the United States as more opportunities are given to them and this paper will introduce different challenges that these two Latino groups experienced in the United States. This paper will identify two of the largest growing Hispanic groups which consist of Mexican Americans and Puerto Ricans. In this research paper I will recognize who these two groups are, where they originated, why these two groups migrated to the United States, and also include the challenges that they face pertaining to work, health, education, family, and religion. Originated and Migration Mexican Americans are identified...
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...Running head: PUERTO RICO local law paper Puerto Rico local law paper Name School Instructor Course number 1) The concept of Mercantile Right in P.R. to tenor with the cases of the Supreme Court of Puerto Rico; Fish market Pink v. Lozada, 116 DPR 474 (1985) and Reece v. Ariela, 122 DPR 270 (1988). CONCEPT OF MERCANTILE RIGHT Mercantile right is the negotiation or traffic that applies to commerce for the purpose of making a profit. This right is protected by laws that give a person or business entity the right to engage in commerce. According to Tulane University Professor Vernon V. Palmer (2001), Puerto Rico's mercantile law stems from various sources (primarily Spanish and US) and has different statutes for different areas that are relative to commercial and industry. In 1995, Puerto Rico adopted Articles 5, 7, 8, and 9 of the United States' Uniform Commercial Code and as such, greatly affected by legal changes and decisions in the US. APPLICATION TO THE CASES FISH MARKET PINK, INC. v. OSVALDO LOZADA CREEK In June 1980, Lozado bought a boat that had been registered as a fishing vessel. In July 1980, Lozada (not a fisherman) sold a boat to Rosas. The sale included a loan amount for repairs necessary. In 1981, Rosas founded the Pink Company/Signature Fishing Market (???) and transferred the debt from a personal one to one of the business. In 1983 Lozada began collection attempts on the loan amount. The loan amount was being disputed by Rosas as not a valid...
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...one race attempting to exert supremacy over others has often resulted in racial discrimination (LegalCyberTips, 2007). Racial discrimination is a constant reality in the lives of Hispanic Americans in the United States. Due to alarming migration rates over the past several decades, the United States has experienced significant growth in ethnic and racial diversity. However, racial minority groups like the Hispanics; “the largest and fastest growing population in the United States, continue to struggle for full acceptance and equal opportunity” (Louie, 2005, Para 1). The migration of Hispanic groups such as the Puerto Rican Americans was not readily accepted by the United States causing immediate social inequality. This social inequality caused segregation and forced the Puerto Rican Americans to work the lowest paying jobs and live in the poorest communities. This paper identifies factors that influence past and present discrimination trends that have lead to the segregation, racial redlining and stereotyping of the Hispanic American in the United States. The term Hispanic was established by the United States Government in the early 1970's, “in an attempt to identify a diverse group of people among the population with a connection to the Spanish language or culture” (U.S. Diplomatic Mission to Germany, 2008, Para 2). Although the term Hispanic is automatically associated with Spanish speaking or Latin American ancestry, it is a term that very few people understand. Hispanics...
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...Compensation Luis A Galloza University of Phoenix Human Capital Management in Puerto Rico HRM/571 PR December 21, 2011 Marta Angeli Rivera, PH-D. Compensation Compensation is everything the employee values and want and what the employer is able to offer in return for the contributions of the employee (Cascio 2006). This compensation system is composed of financial and non-financial incentives. Financial compensation are direct payments (wages) and indirect payments (benefits). Non-financial company, recognition, training programmes, decisions etc. involve everything in the work environment that helps increase your self esteem and respect of his teammates (Cascio 2006) Sales force compensation plan is based on statistics and research of the post for a competitive wage mechanism for employees. To structure a fair compensation system and maintain a staff with experience will implement a system of payment in stages: 1. Recent employees up two years, annual salary is $24,000 2 Two to five years, annual wage of $28,000. 3. From five to eight years annual salary of $34,000 4. Eight years or more wage of $38,000 annual. Sales Manager Sales managers will receive a basic salary of $55,000 per year. I was conditional on granting a 3% Commission of sales if the sales target is achieved by quarter and an additional 2% if met the objectives of the year. In addition to base salary will be offered an incentive of commission on sales which...
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...Organization Design Paper University of Phoenix HCS/514 Organization Design Paper The health organizations have been characterized by a rapid advance in forces of development, economic globalization, technology innovation, and changes in the vision so that let us offer our clients the best of the services. As indicated Kotler (2000) that business, industry, large or small services in the current environment requires market their products or services, against which the sales force is a key element in achieving these ends. The SWOT analysis involves the review of external and internal conditions, favorable and unfavorable affect organizations in order to prepare them to understand the future challenges of a competitive environment (David, 1999.) MSO Puerto Rico, Inc. is the company, which we make an analysis of the internal and external factors. The company has been established several years and it was originally a department of the parent company AVETA Inc. that gives administrative support for physician groups. Later, MSO Puerto Rico, Inc. was become as an independent company conglomerate of AVETA Inc. providing services to many providers such as, MMM, PMC, and the entire medical community. This administrative organization supports medical groups and other types of entities in the health care industry, providing a variety of services to assist these entities in the utilization of management, operational management, and supporting the quality...
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...Phobias and Addictions Paper Week Two Assignment Giselle Bayard PSY/300 – General Psychology October 20, 2012 This is an essay concerning phobias and addictions. Four selected topics in four specific sections are what this paper is comprised of. These topic are: 1. How phobias can be developed through classical conditioning. 2. How addictions can be developed through operant conditioning. 3. Distinguish between classical and operant conditioning. 4. The meaning of "extinction" and how it is achieved in both classical and operant conditioning. How phobias can be developed through classical conditioning "A phobia is a group of symptoms brought on by an object or situation that causes a person to feel irrational fear" (Porterfield, 2005). A few types of phobias are prevalent in society. A simple phobia, the fear of an object like a dog or a cat or a telephone or the fear of heights or traveling in a train or a car impact millions of lives. Social phobia, caused by fear of humiliation causes millions more otherwise normal people to live lives of loneliness and desperation. "Behaviorists believe that these intense fears (phobias)begin when people are classically conditioned by a negative stimulus paired with the object or situation. In other words, phobias are learned. Sometimes parents may pass irrational fears on to their children in this way" (Porterfield, 2005). This is a powerful form of behavior modification. It deals with spontaneous...
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...Abstract This paper address the challenges to determine what parts of the Affordable Care Act can apply to Puerto Rico and the impacting the Medicare, Medicare patient services and employees. Most of the people in the island think that the Affordable Care Act is giving more security and help to address the existing disparities in the healthcare system. With the new Patient Protection & Affordable Care Act, the insurance companies can no longer drop the coverage if one becomes sick, bill individual into bankruptcy because of an annual or lifetime limit, and they will not be able to discriminate against anyone with a pre existing condition. Most of the Medicare and Medicaid community suffers do to the imbalance in our healthcare system this situation affects the quality of care and places a financial strain on the government, individuals and families, employers and employees, and public and private providers. Most of the Medicare beneficiaries have to enroll in the MA program to help them to succeed and receive the adequate treatments without MA to help the disadvantaged seniors on the island, Puerto Rico's elderly citizens will be forced to turn to Mi Salud in larger numbers. Although Mi Salud is scheduled to receive an average of $690 million annually during the next five years, the widening deficit in MA funding is likely to create a net negative impact on federal funding for healthcare in Puerto Rico. The Health care Policies and Issues Ethical concerns and issues ...
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...LA INVERSIÓN EXTRANJERA DIRECTA Y LAS DIFERENCIAS CULTURALES Javier J. Hernández BADM 7100 Dr. Ahmad Jumah Programa Doctoral Facultad de Ciencias Económicas y Administrativas Universidad Interamericana de Puerto Rico Recinto Metro ABSTRACTO El presente artículo discute la importancia de las diferencias culturales en la decisión de las empresas de invertir en determinados países. Siendo la inversión extranjera directa una alternativa para promover el crecimiento económico, es importante que los países contemplen las variables culturales antes de embarcarse en estrategias para atraer capital extranjero. Sobre todo, será necesario proveer la infraestructura económica, social, legal y política que cumpla con las expectativas de aquellos países con características similares a la cultura nacional. De esta forma, se tendrá mejores oportunidades de éxito que obviando la distancia cultural. Palabras clave: Distancia cultural, inversión extranjera directa, variables culturales, Puerto Rico . Introducción La inversión extranjera directa es uno de los pilares de la globalización. Por años, la investigación académica ha discutido los efectos de esta práctica y sus beneficios sobre los países que la reciben. Los países hacen grandes esfuerzos e invierten recursos en diseñar el panorama óptimo para atraer dicha inversión extranjera como principal estrategia de desarrollo económico. En muchas ocasiones estos esfuerzos están dirigidos al desarrollo de infraestructura y a...
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...Research Paper The effects of the United States Imperialism By Andrew Watterson John Brown University 3/6/2013 American imperialism is believed to have truly begun in 1898 when America fought the Spanish in order to obtain Cuba, Puerto Rico and the Philippines. The Spanish-American War was during the presidential administration of President McKinley. It was caused by the sinking of the U.S. battleship, USS Maine, in Havana harbor in 1898. War was declared and the United States won quickly. Under the treaty of the U.S. acquired Guam, Puerto Rico, and the Philippines from Spain in return for $20 million. Later on President McKinley was assassinated in 1901 and vice president Theodore Roosevelt stepped up to fill his role as commander and chief. Now that the American army was a worldwide force to be reckoned with, and a headstrong, powerful leader was in control, the tone was set for an American empire to be formed. A glimpse into the newspaper articles of this era will help illuminate the thoughts of the American people’s thoughts of an empirical nation. In the all stages of the American empire, there have always been mixed feelings of the idea, that either it would be a commercial success and a glorious thing for the nation, where as others suggested that we were no better than the British empire that we broke away from. “It is pointed out that such an empire would be the greatest the world has ever seen, and, the possessions that America has won from Spain during...
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...Business plan Smith Warehouse Las Catalinas Mall P. O. Box 362 Caguas, Puerto Rico 00726-0362 Telephone (787) 555-7755 Fax (787) 555-7756 E-Mail SmithWarehouse@gmail.com Table of Contents I. Table of Contents 2 II. Executive Summary 3 III. General Company Description 4 IV. Products and Services 5 V. Marketing Analysis 7 VI. Operational Plan 8 VII. Busisness Risk and Options 11 Executive Summary Thanks to the development of the web and its incremental use, Smith Warehouse has decided to create an online supermarket with delivery. “No waiting in line, no wasting of time”. Our business allows you to compare prices across the largest Grocery and Health & Beauty products in the PR. Visit our website; you're guaranteed to find the best prices, all the offers and the best value. General Company Description www.SmithWarehouse.com is a shopping website will serve as guide for the best offers and best buys for food prices. It will allow you to compare the value and prices of your entire cart, comparing with others retailers in the PR. It automatically checks what's in your basket and recommends swapping items for ones of better valued products. You can choose from five different departments: * Grocery * Produce * Dairy * Health & Beauty * Wines & Beers How much can you save? You can save up to 35% on the total of your shopping’s. Ways to Save * Personal Shopping Companion Bar - Get the best value for your cart...
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...Somatic Symptom Disorder A Nature vs. Nurture Debate By Jennifer Nguyen July 3, 2015 The Disorder While many mental disorders are well-known and commonly referred to, such as bipolar disorder, depression, and anorexia, one mental disorder that has less limelight are somatoform disorders. WebMD defined somatoform disorders as “mental illnesses that cause bodily symptoms, including pain” where these symptoms cannot be “traced back to any physical cause” and they are “not the result of substance abuse of another mental illness” (WebMD). The Criteria & Associated Behaviors In DSM-IV, somatization disorder was the major somatoform disorder. There were many criteria for this disorder. However, in DSM-V, somatoform disorders were largely replaced by the term somatic symptom disorder, hereon referred to as SSD, which DSM-V characterizes by “somatic symptoms that are either very distressing or result in significant disruption of functioning, as well as excessive and disproportionate thoughts, feelings and behaviors regarding those symptoms. With this new change in DSM-V, somatization disorder (previously in DSM-IV) is now completely removed and replaced. The previous diagnosis of somatization disorder required very specific criteria. However, the new criteria for SSD is not as specific, but it does state that “somatic symptoms must be significantly distressing or disruptive to daily live and must be accompanied by excessive thoughts, feelings, or behaviors” (DSM). To see...
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...|ECO/212 (3 Credits) Version 6 | | |Principles of Economics | | |03/01/2012 - 03/29/2012 | | |PUERTO RICO CAMPUS | Copyright © 2009, 2008, 2006, 2004 by University of Phoenix. All rights reserved. Course Description This course introduces the fundamental theories of microeconomics and macroeconomics. The economic principles studied in this course apply to everyday life as students research an industry, debate issues with trade agreements, discuss the effects of a shift in labor supply and demand, and discuss the strengths and weaknesses of the Consumer Price Index calculation. In particular, students research an industry affected by the economy and perform an economic analysis of the chosen industry. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject...
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......................................295 II. Incidence and Prevalence ................................................................................. 296 III. Causes and Risk Factors .................................................................................. 298 IV. Dealing with the Problem of Elder Abuse ....................................................... 301 V. Mandatory Reporting ........................................................................................ 304 Conclusion and Final Recommendations ............................................................... 307 INTRODUCTION AS THE POPULATION SCHEME changes, the system faces new challenges. In 2000, the elders accounted for 16% of the total population in Puerto Rico and this per1 centage will continue to rise within the next few years. It is expected that by 2025, people sixty years or older will account for more than 20% of the total 2 population. As the elders live longer, their needs grow larger. What constituted an exception in the past is now common: people reaching seventy and eighty years of life. As a result, the distribution of the...
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