Diplomatic Role of Residual US Forces in Iraq Essay

Diplomatic Role of Residual US Forces in Iraq - Essay Example he revenue end up being used in making the situation better rather than being utilized in development projects like improving the infrastructure hence pulling the countries development downwards. The political situation in Iraq has affected the gulf cooperation council (GCC) countries for instance Kuwait, Oman, Saudi Arabia, Qatar, UEA and Bahrain. The situation in Iraq has however been improved to some extent through the intervention of various groups that are all aimed at restoring peace in the country. This is nonetheless a justification that the country is in a good position currently and even in the future as the condition of the people in Iraq is faced with a lot of uncertainty due to the external forces that come in the name of assisting but in the long run end up not helping considerably as they have their hidden agenda. This has in a way contributed to an increased poverty level of the people. This paper looks into the diplomatic role of residual US forces in Iraq. Iraq is a country that has faced a lot of political instability especially after the war led by the US in the year 2003. The war was mainly aimed at destroying the society of Iraq through insecurity and lack of peace making the United States and other interested parties to easily gain access to the resources in the country especially the rich oil reserves. Since then, the political situation in the country has not been good which led to the signing of an agreement between the country and the US where the latter was to offer assistance in regard to restoring peace in Iraq through provision of security in the country by laying down particular strategies aimed at bringing the Iraqi people together and preventing any foreign or external attacks. The decision was made based on the United States’ capabilities in terms of equipment and military forces which could be of substantial help to the country. The agreement was also in favor of the United States as it could now have some acc ess to the oil

Strategic Audit Michael Hill Essay Example | Topics and Well Written Essays - 750 words

Strategic Audit Michael Hill - Essay Example The Porters five forces model measures the firms’ profitability in the various markets irrespective of the external forces fighting against the success of the firm. The five forces model analyzes the forces that affect and limit the profitability of the firm in the industry and how the firm is able to counter these forces, thus maintain a stable profit margin over the years (Ahlstrom & Bruton, p.131). The five forces include: buyers, suppliers, new entrance, substitutes and rivalry. The profitability of the firm will thus depend on how well the firm handles these forces. If the firm is able to conquer these forces its profitability remains constant or goes higher over the years. Value chain management is another tool to be used in the audit. Value chain analysis gives the auditor information on what the company is best at, that is what it produces the lowest possible cost and is profitable to the firm (needles, powers and Crosson 2011, p.805) the result of the value chain will help the firm concentrate more on the efficient products while eliminating the inefficient ones or possibly outsourcing what is cheaper to outsource than to produce. The information required includes the sales of the firm for the period for every specific line of product, the cost of production of that line and the profit earned from the product. This aids in comparing the profitability of each production line, thus showing the firms strong point in production. Moreover, financial ratios are important tools in internal audit. Among the ratios to be assessed include the leverage ratio and liquidity ratio. Liquidity ratio measures the firm’s ability to meet its current obligations while the leverage ratio measures the firm’s ability to cover long term financial debt obligations. A high the liquidity ratio is an indication of the firm’s ability to meet its current financial obligations thus is an indicator of the firm’s short term