Criminology (crime and justic) Assignment Example | Topics and Well Written Essays - 2000 words

Criminology (crime and justic) - Assignment Example Body Before a criminal is finally subjected to any form of corrections, he/she has to go through an entire structure of criminal justice system. The very first contact that a probable offender or a suspect makes with the system of criminal justice system is with the law enforcement agencies such as police who are responsible for carrying out an arrest after investigating a particular deviant act.. The law enforcement agencies are divided into different levels and they deal with different levels of crime. For crimes that do not pose immense threat to the security of a nation and are less severe in nature, mostly fall under the jurisdiction of police, while crimes such as international terrorist activities that pose a threat to the national security are handled by federal level law enforcement agencies such as Federal Bureau of Investigation. The law enforcement agencies that fall under the category of policing are even responsible to ensure that harmony within society members is creat ed and maintained (Stojkovic, 2012, p.58). The policing branch of criminal justice system tries to serve the function of deterring crime by arresting suspects and offenders and presenting them in front of the court of law. After passing through the policing system, the criminals and suspects are taken to courts where dispute settlement arises and administration of justice takes place. Several individuals are involved in the process of courts, these includes: prosecutors, judges as well as defence attorneys. The main duty lies with the judge who has to be objective and assign sanctions to criminals and ensure that the sanctions assigned are in compliance with the kind of crime being conducted and the severity of the crime. The courts of the criminal justice system even operate for serving the function of deterring crime. They do so by allocating severe punishments as well as rehabilitation of the offender. In case of severe punishments, criminals may be sentenced for life time in ord er to set an example for other possible offenders to ensure that future offenders may be deterred from indulging in criminal activity as they may see life imprisonment as a higher risk than the advantage of committing a crime. Once the courts assign sanctions to the offenders, the offenders are then transferred to authorities that are responsible to administer the sanctions that have been levied on the offender. Over the years, the correctional settings and the correctional portion of the criminal justice system has evolved with several changes in techniques of punishment. In previous years, lack of resources resulted in sanctions such as exile as well as execution, much modernized ways of punishments include: community work, jail time, as well as incarceration and rehabilitation. The main function served by this portion of the criminal justice system is to alter the behaviour of the criminals while trying to ensure that they are not released from their sanctions until they are read y to be normal and non-deviant members of the society. The main aim of all these measures of punishment have remained the same over the years. The aim has been to deter crime and to ensure that the streets of a particular nation and the citizens of their nation are safe and secure from criminal activities. Conclusion The structure of

Project Evaluation Math Problem Example | Topics and Well Written Essays - 1250 words

Project Evaluation - Math Problem Example The other option that Salsbury has is to open a health and fitness complex and it has a NPV of ?700,000. Furthermore, the report justifies the technique that has been used in order to evaluate the project by comparing it with other project evaluation techniques such as Accounting Rate of Return and Profitability Index. Moreover, the report then discusses other factors that the organization needs to consider while making the investment decision. ANALYSING THE FEASIBILITY OF THE PROJECT Net present value (NPV) is the technique that has been used to analyze the feasibility of the project. NPV shows the net future cash flows of the project after being discounted with the discount rate so that the present value or present worth of the cash flows can be calculated (McLaney, 2009). In the appendix 1 of the report, the forecasted cash flows for the 10 years are calculated and net present value of these cash flows are calculated with the discount rate of 14%. ... is higher than health and fitness complex, therefore the management should invest in opening a retail store than the health and fitness complex as it has higher NPV and projects with higher NPV should be accepted (Jensen, 2001). JUSTIFICATION ABOUT THE METHOD USED TO EVALUATE THE PROJECT The management has used Net Present Value method to evaluate whether the project is feasible or not. Although there are different project appraisal techniques such as Accenting Rate of Return (ARR), Payback Period, Profitability Index, Benefit to Cost Ratio (BCR), Internal Rate of Return and discounted payback period etc. However, the report discusses two of these techniques; ARR ad Profitability Index and compares these two techniques with NPV and justifies why NPV is a good method used to evaluate the feasibility of the project. NPV and Accounting Rate of Return Accounting Rate of Return (ARR) is the average return that the project would yield throughout its time period (Gitman, 2003). It can be ca lculated using the formula below: By using the above formula, ARR of the project is 27.24% It is better to use NPV than Accounting Rate of Return (ARR) as the NPV discounts the future cash flows whereas the ARR does not consider the time value of money. Therefore it is better for the management to use NPV as it will show the real value or worth of the project by considering the discount rate and even inflation rate but these rates are not considered by using the ARR. NPV and Profitability Index The other method that has been used to evaluate the feasibility of the project is the profitability index. Profitability index is calculated by following formula: The formula shows that profitability index considers the time value of money which accounting rate of return does not. Therefore it