Explain the Criteria for Effective Deterrence

question 4

Essay

Explain the criteria for effective deterrence. Apply the sociological perspective on crime to explain why many people are not deterred even when all criteria are in place.

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Definitions:

Fiscal Year

A twelve-month period used for calculating annual financial statements in businesses and other organizations, which may or may not align with the calendar year.

Natural Business Year

A fiscal year that ends when business activities have reached the lowest point in an annual operating cycle.

Assets

Resources owned by a company from which future economic benefits are expected to flow to the entity.

Business

An enterprise or corporation participating in business, industry, or professional pursuits.