Teenage Pregnancy And Teen Pregnancy - 2089 Words

A few weeks ago, I was at a store when I came across a very young girl. She must have been no older than seventeen, but was so obviously pregnant. This did not surprise me since this is something common here in the Imperial Valley; we have such a high rate of teen pregnancy. What really caught my attention was that she was not alone; she had in her cart a toddler that kept referring her to mom. All I could think of was that such a young girl should not be concerned with raising a child, especially not two. Most young girls should be spending their teen years hanging out with their friends, going to parties, and enjoying school, but getting pregnant so young cuts out all your years of fun and freedom. The reality of the problem is that every year, teenage pregnancy, in the Imperial Valley, is increasing at an alarming rate. The Imperial Valley Press states that the â€Å"Imperial County has the fourth-highest teen pregnancy rate among 58 counties in the state† (Ruth 6).  "Officials credit these high rates to a lack of sexual education that teaches both abstinence and protection and access to reproductive health care in the county† (Ruth 6). That brings the question to what the community should be doing to decrease these rates and help prevent teen pregnancy. Pregnancy at such a young age is the result of many things that come with great consequences. It should not be a problem that is overlooked. I believe that there is a solution to this problem: to establish sex-educationShow MoreRelatedTeenage Pregnancy And Teen Pregnancy1664 Words   |  7 PagesTerrazas English 4 Miss Stahlecker 4 November 2015 Teenage Pregnancy According to cda.org, in 2013, a total of 273,105 babies were born to women that were in between the ages of 15-19 years old. Teenage pregnancy is a major concern in today’s society. This paper will talk about teenage pregnancy, statistics, ways to prevent teenage pregnancy, and after birth options. So why is teenage pregnancy so important? Some people are concerned about teens getting pregnant at such an early age. There areRead MoreTeenage Pregnancy And Teen Pregnancy1546 Words   |  7 PagesTeenage pregnancy is pregnancy in human females under the age of 20 at the time that the pregnancy ends. Low-income communities have the highest teenage pregnancy rates in the United States. Because of the fact that this is a very controversial issue in the United States, it is very important that most questions be addressed. Questions like, why is a teenage girl in Mississippi four times as likely to give birth as a teenage girl in New Hampshire? Or why is the teen birth rate in Massachusetts 19Read MoreTeen Pregnancy : Teenage Pregnancy1404 Words   |  6 PagesLauryn Jones Block 5 4/27/16 What is Teen Pregnancy? Teenage pregnancy is pregnancy in human females under the age of 20. A girl can become pregnant from sexual intercourse after she has begun to ovulate which can be before her first menstrual period, but usually occurs after the onset of her periods. In well-nourished girls, menarche usually takes place around the age of 12 or 13. Most teenage girls don t plan to get pregnant, but many do. Teen pregnancies carry extra health risks to both the motherRead MoreTeenage Pregnancy And Teen Pregnancy1743 Words   |  7 Pagesnegative media teenage mothers struggle to find the positive sides to motherhood. Teenage pregnancy can be dificult and life changing, but unlike the renowned negative beliefs all over the world, there are positive sides to teenage pregnancy. Most research that is done on teen pregnancy is based on the hardships and struggles on teen mothers, making it easy to forget the good that can come from teen pregnancy. A teenage mother can create a good l ife for herself and her children. Teenage mothers areRead MoreTeenage Pregnancy And Teen Pregnancy905 Words   |  4 Pagesâ€Å"16 and Pregnant†/ â€Å"Teen Mom† Promote or Discourage Teenage Pregnancy? (Agree/Promote) When it comes to the topic of do TV shows like â€Å"16 and Pregnant† and â€Å"Teen Mom† promote or discourage teenage pregnancy, most of us will readily agree that it in fact does promote teenage pregnancy. Where this agreement usually ends, however, is on the question of how does this promote teenage pregnancy. Whereas some are convinced that it promotes teenage pregnancy through the fame some of the young couples haveRead MoreTeenage Pregnancy And Teen Pregnancy871 Words   |  4 Pagesof do TV shows like â€Å"16 and Pregnant† and â€Å"Teen Mom† promote or discourage teenage pregnancy, most of us will readily agree that it in fact does promote teenage pregnancy. Where this agreement usually ends, however, is on the question of how does this promote teenage pregnancy. Whereas some are convinced that it promotes teenage pregnancy through the fame some of the young couples have achieved, others maintain that it in fact discourages teenage pregnancy by showing the struggles and realities ofRead MoreTeenage Pregnancy And Teen Pregnancy1057 Words   |  5 PagesTeenage pregnancy is a common thing here in America. It seems teens are getting pregnant more than the average married couple. There are some risk factors teen moms face and there is also another great turn outs. There is a major difference between the two. It’s important to tell teens the turnouts of teen pregnancy for the good and bad parts. There are risks of having sex, teen moms can make a difference for her and the baby, the risk of having HIV and/or any other STD’s, and the effects on theRead MoreTeenage Pregnancy And Teen Pregnancy1341 Words   |  6 PagesTeenage pregnancy is a prominent dilemma in our nation because it continues to place adolescents into delinquency. According to the United States Health and Human Services, three out of ten American teen girls will become pregnant at least once before they reach the age of twenty. That is nearly 750 ,000 teen pregnancies in a year (1) (HHS Pg.2 2014). Also according to U.S. Department of State, teen pregnancy budgets the United States and tax payers approximately seven billion dollars annually (2)Read MoreTeen Pregnancy And Teenage Pregnancy1456 Words   |  6 Pagesteenagers (Kristof). Clearly, teen pregnancy is a concern among many people in the U.S. One way to help the teen pregnancy statistics would be birth control. Teenagers should have more access to birth control, particularly LARCs (long-acting reversible contraceptives), and be more informed about it. There are many reasons why this should be. For starters, it would help the child and the mother. It could also help the U.S. not be so high on the list of number of teen pregnancies in the world. Over timeRead MoreTeenage Pregnancy And Teen Pregnancy1328 Words   |  6 PagesTeenage pregnancy has been famously depicted as a situation that involves the female adolescents. For one to be dubbed as a pregnant teenager, s he ought to be at the early age of twelve years though in most scenarios it has been fourteen and older. In the developed as well as developing countries, the cause of the teenage pregnancy has been common with most of them being related to the specific situation of the teenager as well as the group that the teenager interacts with. However, the rate of the

The Morality Of Animal Testing And Its Effect On The...

The Morality of Animal Testing and its Effect on the Biomedical and Consumer World Animal testing has been a controversial problem in today’s society and it affects people from all over the world1 not just animal activists or scientists. Most of the products and medicines used today have been tested on animals. These animals used in experiments have been thought to only benefit society but morally this hurts our society. This hurts our society because now animal testing has become a social normality and then humans have started to become null to this as time goes on. This slippery slope will only get worse if this is not stopped. This also hurts our society because scientist, physicians, and lawmakers must decide the justification for†¦show more content†¦Although animal testing is very beneficial in some biomedical experiments, animal testing for ordinary consumer products is unjust and unnecessary. Most humans in society have had a pet or animal companion and there are very few of those owners that would be willing to give up their beloved family member. It is hard to think about sacrificing a loved one just for a simple cosmetic or just another weight loss pill. Now the other side of this argument is when that animal could help the better of humanity like curing cancer or diabetes, where does one draw the line between just and unjust? There are many books and articles that explain the emotional aspect of animal testing. An important article that explores the answers of the previous questions is that of Cass Sunstein called â€Å"The Rights of Animals†. Cass R. Sunstein writes about domestic and wild animals, also how society had developed compassion for these animals by protecting their rights. Sunstein uses various arguments that are related to feelings and emotions. For example, in her beginning paragraphs she tries to relate to the reader and talks about domestic pets that are more like family members than they are pets. Sunstein uses emotion in order to show the reader that there is more to animals than just money and statistical value, people must now find what is morally correct. In her article Sunstein states â€Å"[A] full- grown horse or

Sales Free Essays

Coming out of the first year of the merger, what new opportunities should the new â€Å"Defining Entity† pursue in order to grow business? EDS Market Strengths ? Heath care ? Insurance ? Communications ? Electronics ? Aerospace ? Defense industries A. T. Kearney Market Strengths ? Manufacturing ? Consumer products ? Transportation ? Chemical pharmaceuticals Combined Strengths ? Automotive ? Financial services ? Energy ? Retail When companies combine/merge the whole objective is to gain new opportunities, gain market share, grow the business, to become more innovative and to improve product offerings, utilizing/sharing the existing resources and data. We will write a custom essay sample on Sales or any similar topic only for you Order Now From the case study the company has already been successful in proving that their merger was a win, win. Already they have leveraged off each other by gaining the Rolls-Royce account which would fall under a combined strength category, they were able to provide together more services to Rolls-Royce that individually they previously could not offer. Why these opportunities, and why did I decide this, because each company already possesses and provides services and strengths in individual fields, and has a history of established relationships within given market segments. It is obvious that by combining the two companies, both companies have deepened and widened their new customer opportunity base. They can now unite and build off these pre existing strengths and relationships with more to offer and become the one stop shopping entity that they strives to be. They now also have the opportunity to engage and play in each others sandboxes to say. Not only can they leverage off each other’s existing customers they now have the opportunity to gain new and, competitor’s customers, based on the fact that they now have more to offer then their competition in both arenas. If I was Brian Harrison, I would immediately put in place a team consisting of members from each company that would utilize and compile existing data to come up with a list of who are our customers are today, who are our top customers, why are they our customers, what services do they obtain from us today, what services can we provide for them tomorrow now that we are one company. What customers generate the most revenue, why are they loyal to us, does it have to do with price, commitment, quality of service or maybe our technology. Who is our competition what services do they provide that we don’t and how do they market them. This information would provide the company with a strategic target market. How would you sell into each new opportunity you identified? What sales approach or customer interface strategy would you use? Based on the above data collection the sales force could identify which customers to go after first. Our sales approach would be â€Å"one stop shopping†, not only can we consult you on better practices, we have a team to implement them. Just think of the time and money your company would save, purchasing would only have to cut one PO, your staff would only have to deal with one company. We could provide services for your company that would allow you to cut your overhead, bottom line savings would be enormous across the board. I would have international sales meetings, combining all sales personal from each company. I would split them up in cross functional workshops to strategize and gain an insight of what works in their marketplace with their customers and how, why, where and when. Cross the board training would have to be a must, each sales personal would have to learn as much as they could about the others business. Sales people would have to engage in workshops that promote trust between each other, â€Å"Only when salespeople trust and respect each other can they successfully work together towards a common goal. † (pg 330). Then based on that information the Marketing team would have to come up with ideal marketing strategies to sell our combined services. Tools would be provided such as websites and manuals to answer each industries questions and start building relationships and merging into one company. I would then break them into territories two by two, manager to manager, bringing the other to customer meetings not only selling their original piece but the whole concept of our combined solutions. Utilizing the expertise of the other to gain the customers loyalty and commitment that we are the best company that can offer you more bang for you buck. EDS acquired â€Å"one of the world’s largest and most respected global management consulting firms† (pg 524). This is on A. T. Kearney’s website â€Å" A. T. Kearney is a global team of forward-thinking, collaborative partners that delivers immediate, meaningful results and a long-term transformational advantage to our clients and colleagues. Since 1926, we have been trusted advisors on CEO-agenda issues to the world’s leading organizations across all major industries and sectors. † http://www. atkearney. com. It would be an epic failure for both companies if EDS and A. T. Kearney could not make this merger work. What sales management implications would the new â€Å"Defining Entity† face in getting the sales job done? As with every new merger, comes the combining of what the case referrers to as ego’s or individual company cultures. EDS has more international business then A. T. Kearney trying to merge on an international level would defiantly create several roadblocks. What maybe acceptable in one company, of course may not be acceptable in another. For example what happens if one of those companies goes by a strict code of ethics, while the other does not always follow those rules, this will quickly cause a conflict, especially in the sales world. Would one company want their customers approached in an un-ethical way, what kind of reputation is this new company supposes to reflect to their customers? What happens if one company is all commission based while the other company believes in a base salary with a company car, commissions and bonuses? How would management work together to overcome such obstacles, what are the education levels of one company over another, in this case your bringing a bunch of IT systems personal and mixing them with those selling solutions to management personal. After extensive training the sales people from the other company still can not fully connect on how to sell your services or concepts. Once culture has their customer service and organization set up on one set of systems and your company is on another, how do you make them talk as one, work as one? Sometimes more manual labor is incurred in trying to integrate these companies. For instance at Carestream Health I have to manually give one of our Distributors – Quantum invoice information so they can bill their customer, our systems do not work together and because of cost they probably will not for a long time. What is the cost of training everyone and how. Management styles could be completely different; one company uses hands off approach, while the other is a complete hand on organization. How can they combine two sales forces and make them one, to have the same goals to accept the same compensation plan, that could be lower or higher then they are used to. Management would have to face so many internal and external obstacles while trying to reflect a smooth transitional merger to the customer. A consistent set of reports and data collection would have to be done to make sure the merger is benefiting the companies. Regular monitoring of how a business is performing is also important to determine if goals and objectives are being met. In conclusion if the merger produces the revenue, growth and success that the two companies were striving for, then it was well worth the many avenues it took to get there. References A. T. Kearney’s Retrieved On November 11, 2012 http://www. atkearney. com http://www. albanyhardware. com Spiro, R. L. , Rich, G. A. , Stanton, W. J. (2012). Management of a sales force. (12th ed. ). McGraw-Hill How to cite Sales, Essay examples

Customs Regulatory Compliance Management †MyAssignmenthelp.com

Question: Discuss about the Customs Regulatory Compliance Management. Answer: Introduction Regulatory compliance includes the objective which an organization wants to achieve by following relevant laws, policies, and regulations. The companies follow harmonized sets of compliance controls for keeping operational transparency (Oyewunmi and et al, 2017). The file includes flexibility in procedures, type of payment terms, customs to demand duty and strategy for communicating with stakeholders. Flexibility in procedures so that that compliant traders can be rewarded, encourages compliance amongst all traders. Yes, I agree that by allowing flexibility in processes that complaint traders can be rewarded encourages compliance amongst all traders. Authorized economic operator (AEO) refers to the party which is involved in the international movement of products in whatever function that has been approved by. These operators with large business use trusted trader programs like authorized economic operator program (Arjoon, 2017). This program is organized by the Australian Customs for offering various facilities to international trade of goods. Small scale companies are unable to use TTP due to its high prices. By lowering prices of entry requirements, small businesses will able to use this program. It will not only provide benefits to the organization but will also enhance sales and profitability of the program. Along with this, small scale firms will get an opportunity to expand their business by managing work appropriately and effectively. The firm will get benefits like faster clearance of goods, less interference by customs and high level of services. These features will help small scale companies to conduct their trade properly and more efficiently. The security function of the program will assist companies in securing their personnel, information and other business related processes (Grainger, 2016). Increasing use of TTP in both small and large sector will increase its popularity and profit worldwide. Type of payment terms As an exporter of tropical fruit, I am dealing with a new customer having the potential to further large purchases. But the case is to provide excellent services and product in the first shipment. For this kind of consignment, I will select cash in advance. Under this payment term, the exporter will able to eliminate the risk of non-payment or credit risk. In this, I will able to receive payment before the transport of good services and good products to the customer. There are two options available for cash in advance: credit cards and wire transfer. The customer can transfer money by using any of the both options (Komarov, 2016). National customs legislation Department of trade and customs (Australia) looks after the various functionalities of trade. Along with this, the national customs legislation provides traders rights to perform trade safely and properly. In the given case, warehouse license fails to keep warehoused goods safely. Thus, Section 35A(1) of the Customs act 1901 will be used by the client (Barone, 2016). This provision allows the owner to seek to have duty remitted under the particular circumstances like stolen of products. The warehouse owner will able to get the particular amount in the form of compensation for the stolen goods. Warehouse operator will be liable to pay the amount equal to the duty which would have paid on stolen products as per the claimed. Identification of stakeholder and strategy for communicating with them As per the given case, IT team will upgrade the IT system for improving the automated risk management and shorten the time to clear cargo. The stakeholders of the team will be: Application Engineer Database Administrator Network Architect Programmer Designer Programmer Analyst IT manager IT Leader Network system administrator Network Engineer As a customs official in charge of a major international airport, it is necessary for me to upgrade the system for improving the current situation. The communication strategy which will be used for informing stakeholders about the system operation is as follows: Statement of purpose: This will include purpose behind using communication strategy for the stakeholders. Current Situation: This will include information regarding the current situation of the system and reason behind its upgrade (Afanasieva, Ivanov and Yanushkevych, 2017). Organizational objective and communication objective: This step will include the link between the goals of airport and communication. Selection of communication method: In this, I will use Information and Communication Technology (ICT) for communicating with the stakeholders. I will send all the needed information through email. Along with this, I will conduct formal and informal meetings with stakeholders for increasing understanding and relationship between them. All the ideas, strategies, etc. will be discussed in these meetings (Arjoon, 2017). Work plan: In the end, last concluded plan will be communicated to the stakeholders for starting their work as per the plan. SAD and its purpose: Single Administrative Document (SAD) is also known as Form C88 which is used for international trade to and from the European Union Customs. All traders and agents can take advantages of SAD for declaring report, export, transit and community status declarations. This document is segregated into 54 boxes, and its full version comes in 8 different parts. These parts have various functions which are used by the traders as per their need. SAD was established in 1988, and its legislations help in conducting trade in secure and safe manner (Komarov, 2016). This document covers the placement of any product or their services under any customs process by using any mode of transport. The purpose of SAD is as follows: To ensure openness in national administrative requirements. To decrease the number of administrative documentation To minimize the amount of information requested by the traders To standardize and harmonize the data To provide proper safety and security to the private and confidential information. References Afanasieva, V., Ivanov, L., Yanushkevych, D. (2017). Modern Approaches to Risk Management and Their Use in Customs. ,3(4). Arjoon, S. (2017). Virtues, Compliance, and Integrity: A Corporate Governance Perspective.Handbook of Virtue Ethics in Business and Management, 995-1002. Barone, A. (2016).Managing Global Logistics for Business Growth: A guide for small to medium enterprises pursuing the global market growth through cross-border trade (export/import). Buoyant Capital. Grainger, A. (2016). Customs management in multinational companies.World Customs Journal,10(2), 17-35. Komarov, ?. V. (2016). Risk management systems in Customs: The Ukrainian context.World Customs Journal,10(1), 35-44. Oyewunmi, O. A., Osibanjo, O. A., Falola, H. O., Olujobi, O. J. (2017). Optimization by Integration: A corporate governance and human resource management dimension.International Review of Management and Marketing,7(1). Customs Regulatory Compliance Management – Myassignmenthelp.Com Question: Discuss About The Customs Regulatory Compliance Management? Answer: Introducation On the behalf of the government of the specific nation state the role of custom is to execute a plethora of management policies that deals with the business that takes place on the border. The functionality and accountability of customs administration differ from one nation state to another. Role of the customers executive ranges from collection from the proceeds, trade compliance and facilitation, prohibition of substances which are deemed to be illegal in the country, protection of cultural heritage and enforcement of intellectual property law. Globalization has directed companies from all over the world to set up places of operations like factories and offices around the world. As the economy of several countries opened up to the regulations and restrictions of international trade, customs administration garners more and more importance. With the increase in international trade in the recent years the environment of exchange has also changed exponentially in terms of pace, difficu lty, size and level of trade, extensive technological advancement and revolution in global trading practices. Therefore, the changes have tremendously affected the role and accountability of the customs authorities around the world. The idea of the customs is not to restrict but to filter, the policies and items that are against the rules of the country. Indulgence in international trade ensure a boost to the economy and allows the economy to grow and to gather more and more investors. The role of a gatekeeper is to restrict without understanding the inside matter with careful observation. The gatekeeper is doses not understand the nuances of policies and the items that are in the exchange rather they set a standard for allowing certain things and disallowing certain things. On the other hand, compliance management has an aspect of analyzing, speculating and reviewing an idea before discouraging or accepting it. Risk-management Risk management of a company is based on identifying a risk, analyzing the outcome and the impact this risk would have on the future and also the current operation of the business, then is the part where the management of the organization plans a strategic idea to reduce the impact of the investable or deflect the risk which is possible. This may include several market research and policies and decision making. After the plan has been implemented by the management it is also the duty to look after and monitor the after effects so as to be careful that the decisions are working on a positive note for the company(Chance Brooks, 2015). A response should also be gathered from the customers and the internal members of the company to record the views for future recognition and identification of such risks and problems. Non-compliance is a risk that is faced by the company sometimes knowingly and sometimes unknowingly, to keep up with the ever changing international trade policies and deci sions in the border force and customs, companies have to be very careful. The customs and the Australian government have come up with several ideas and reforms that behave like a risk based compliance management for the betterment and facility of the traders who operate within the borders of Australia (McNeil, Frey, Embrechts, 2015). Compliance risk In the corporate governance set up the compliancemanagement plays a very critical role. Compliance means to conform and to comply with rules, regulations, guidelines, standards and laws of the relevant body of governance. In an organization the compliance managers deal with the regulatory, financial and reputational risks that the company may face while performing the daily operations of the business. In many cases, ensuring compliance to rules and guidelines necessitate organizational changes as well pertaining to technological installations, oversight and audits of the books and records of the company. As such, compliance can be a major cost and organizational challenge in heavily regulated industries such as banking(Cohen, Krishnamoorthy, Wright, 2015). Compliance risk can be defined as the probable for losses and jurisdictional penalties due to the failure to comply with the rules and regulations of an organization or government bodies. Sometimes the business organizations that run fully based in the legal jurisdictions can also face compliance risk and this is where the importance of compliance management and efficiency becomes significant to the daily operations of the business. There are times that an organization faces a failure in compliance due to the possibility of management failures. Sustainability risk, heath of the workforce, quality of the new or diversified item, corrupt practices among the employees and also failure of taking up social responsibility can also build up in the company that further on becomes a compliance risk to the company. Any business organization that s legally set up in a country to operate is bound by some regulations of that country. Be it a home grown business organization or a multinational com pany. Compliance to all the customs regulations is mandatory for a company to operate within the economic environment of a country. The main role of an authority who is from the revenue department is to collect the taxes and duties payable in accordance with the law(Baxter, Bedard, Hoitash, Yezegel, 2013). Approach taken by a Customs administration to manage compliance In order to manage and keep a check on the compliance management of a business organization, the customers administrators have a set of guideline. For example, the customs officers monitor the records of the company in order to understand that the company is following all the rules or regulations or not. The customs have a set of rules for each industry to operate accordingly and the company usually follows these rules in order to keep a harmonious situation the economy without conflict among the businesses operating in the same industry. Customs rule vary from nature of business to scale of business and the hold of the customs authority on the operations of the business also depends on the industry(Freund, 2016). For example, if a company is dealing with import and export of products then the involvement of customs administration will be much more than a handloom or textile industry. Business organizations usually think that a planned compliance audit is all that a company requires fulfilling the requirements for compliance. Hence compliance audits only provide a narrow view of the way compliance is handled within the administration of a company. Compliance management deals with an organization consistent and continuing compliance requirements. The solutions to the compliance requirements gathered by the management of the company should be customizable and should have the ability to expand with the vision of the organization. There are several punishments that the Customs body of Australia is able to impose for non-compliance of the rules and regulations. These penalties may vary according to the level of non-compliance of the rules and its effects on the trading(Boll, 2014). Assessing the trade activities of the company includes tariff concessions, evaluation of tariff classification; chiefly for multinational business organizations and branded goods Customs valuation is very curtail to maintain the compliance with the government of Australia. A team should be appointed by the management of the company in order to monitor the changing policies of the government and legislative changes, there are several third party companies also available who can be appointed to do the analysis for the company(Elliott, 2016). Customs Compliance Strategy 2016 The Australian Border Force (Customs) has recently launched Goods Compliance Update. It provides with four areas of focus. Pertaining to the particular interest of the importers in the country review of the correct use of Tariff Concession Orders (TCOs) and correctly revealing the customs value of imported goods have been stated clearly. For over 18 months, it has been the prime concern of the customs of Australia that TCOs offers a free rate of duty where no substitutable goods are produced in Australia and the subject of a number of Administrative Appeal Tribunal (AAT) cases(Grainger, Customs management in multinational companies, 2016). The usage of Tariff concession orders without continuous monitoring of the products or service as well as the applicable TCOs are not recommended, provided the change in Customs and the AATs views on TCO as eligible. The procedure for the valuation of goods can be a complicated because a lot of prerequisites have to be kept in the mind. It is a mandate that a business organization should always analyze the amounts that are paid in addition to amounts that appear on the commercial statement. It also has to be reviewed that whether they are needed to be integrated in the customs value. Furthermore, the concept of free goods is a myth hence there will be rules regarding valuation and analysis to evaluate the amount of that product(Rothengatter, 2016). Trusted Trader The Australian Trusted Trader is a voluntary business improvement facility steps that are taken in collaboration in between the government and business organizations in order to seek trade benefits for the importers and exporters that have a history and record of customs compliance and have effective security practices to protect non-compliance. It encourages the trade practices of a secure supply chain and business organization that have a good record of compliance, rewarding such businesses with a variety of benefits to smoothen the business process(Widdowson, Blegen, Kashubsky, Grainger, 2014). Some of the rewards or benefits that are enjoyed by the traders who are enlisted in this facility are: assigned account manager who will deal with and take care of the account management and keep in check whether the company is in compliance with the legal duties this person is also going to be the point of contact for the customs department. These companies are also eligible to get premiu m and priority based trade services form the government. Traders who are associated with the government have the liberty to use the Australian Trusted Trader logo, which is a sign of goodwill and prosperity for the company. It not only allows the company to grow in the eyes of the customers but also has a significant impact among the industry and market. A mutual recognition arrangement (MRA) has been drawn up in between Australia and some other countries to facilitate trade, the companies that have been enlisted to the Trusted Traders will have access to trade facilitation benefits as well. The MRAs between the Australian Government and other trading partners are: New Zealand Customs Service, Republic of Korea Customs Service, Canada Border Services Agency, Hong Kong Customs and Excise Department. This arrangement will facilitate and benefit the traders in expansion and in import and export in between the above companies. The MRAs will offer Trusted Trader exporters with differentiated border services and treatment in signed countries, simultaneously on business arrival in Australia with the countries that have signed the MRA will also receive priority treatment (Mein, 2014). Customs Valuations and Transfer Pricing The transfer pricing modification to the price of imported goods is one of the prime ideas of focus for the Australian border force. These kinds of adjustments in the cost and pricing should be uncovered with Customs and accounted for in the records of the company. There are sometimes confusion and misunderstand regarding the interaction between customs valuation and transfer pricing in the importers this is a place where unknowingly companies may suffer from non-compliance(Missbach, 2015). Conclusion The government of Australia with the Customs valuation policies and decisions encourage the business and flow of business within the country to promote the economy of Australia. The customs are surely not being a gatekeeper as there is a lot of facilities and benefits are being awarded for the inflow and outflow of business form the country, if there was a strict gate keeping policy of the customers it would have restricted a lot of business opportunities within the country that would lead to a blockage of value in the economy, rather a risk based management approach by the customs administration of Australia analysis a problem or an issue of non-compliance within an organization and plans ahead of taking any steps or changes in the policies. This not only encourages new and young investors in the economy but also boosts and grants expansion and growth opportunities for the old traders in the industry. References Baxter, Bedard, Hoitash, , Yezegel. (2013). Enterprise risk management program quality: Determinants, value relevance, and the financial crisis. Contemporary Accounting Research, 30(4), , 1264-1295. Boll. (2014). Mapping tax compliance: Assemblages, distributed action and practices: A new way of doing tax research. Critical Perspectives on Accounting, 25(4), , 293-303. Chance, Brooks, . (2015). Introduction to derivatives and risk management. Cengage Learning . Cohen, Krishnamoorthy, Wright, . (2015). Enterprise risk management and the financial reporting process: The experiences of audit committee members, CFOs, and external auditors. Contemporary Accounting Research , 1178-1209. Elliott. (2016). TPP Risks and TTIP Opportunities: Rules of Origin, Trade Diversion, and Developing Countries. CGD Policy Paper. Washington: Center for Global Development. Freund. (2016). Other New Areas: Customs Administration and Trade Facilitation, Accounting, Small and Medium-Sized Enterprises, and More. . Assessing the Trans-Pacific Partnership, , 66. Grainger. (2016). Customs management in multinational companies. . World Customs Journal, 10(2), , 17-35. McNeil, Frey, Embrechts, . (2015). Quantitative risk management: Concepts, techniques and tools. Princeton : Princeton university press. Mein. (2014). Customs-private sector partnership: not just wishful thinking. World Customs Journal, 8(1), , 129-36. Missbach. (2015). The extradition of people smugglers from Indonesia to Australia: political and legal challenges. Rothengatter. (2016). Possibilities for and limits to enforcing tax compliance measures on irregularworkers. Journal of Sociology, 52(2), , 139-154. Widdowson, Blegen, Kashubsky, , Grainger. (2014). Review of accredited operator schemes: an Australian study. . World Customs Journal, 8(1) , 17-34.