2444 samples of this type
It is no secret that there is a significant difference in economic power and potential between the Russian Federation and the United States. Nevertheless, the unemployment rates of both countries are close. According to Kuranova (2021), “Russia’s unemployment rate came in at 5.8% in January 2021” (para. 1). In the...
The competitiveness of a country is determined by the competitiveness of enterprises, industries, types of economic activity, clusters, municipalities, regions. However, the company’s competitiveness is affected by the national competitiveness in which it operates. Almost every sector of the economy contains the following five factors of competitiveness, including quality, price,...
The tourism sector of the Kingdom of Saudi Arabia is among the most prospective and potentially lucrative sectors of the nation’s economy. Although the country is the largest oil exporter in the world, it is important to point out that such a heavy reliance on one source of national income...
Based on the results generated from our research work, there are a number of criteria that affect consumers’ experience and results in their final purchase behavior. The primary data was collected through the survey procedures conducted among the general public through the Survey Monkey online service. We collected responses and...
Unlike a company’s short-term operating expenses, calculated as a rule for one reporting period (quarter, year), capital budgeting offers powerful firm tools to analyze long-term investments’ effectiveness. In general, capital budgeting should be understood as a decision-making process through which a firm evaluates the feasibility of purchasing significant assets. Tools...
The United States experienced a recession in 2008, which extended to other European countries. According to Bargain et al. (2017), recession refers to a considerable reduction in economic activity within a particular economy, which lasts for many months. It is normally visible in real gross domestic product (GDP), employment rate,...
Taxes Table 1: Displays Various Taxes, Where Funds Are Used And Government Body Responsible For Rates. Tax Funds Governmental Body Responsible for Rate of Taxation Arizona State Sales Tax The funds add to the revenue collected by the state, which is then used to run government projects and public services....
This article has written about the origins and development of European competition policy. Many claim that German ordoliberal ideas were the guiding force, but a careful examination of the problem reveals that France and the United States played a crucial role in implementing the most supranational of all European policies....
Several towns have tremendous influence not only within one country but throughout the world. Cities like these are critical to entire regions, with cultural, economic and political impact. Often, they have a rich history, which is why most of the global cities are vital settlements of the most developed world...
Exchange rate volatility The exchange rate can be defined as the currency of a given country expressed in terms of another country’s currency. The changes in the exchange rate affect the profits made by international trading partners and multinational corporations. The exchange rate also affects the value of investments as...
Introduction It is the role of the financial market to ensure that funds are channeled from the government to those who have a shortage of funds and may wish to spend more than they earn. The book, The Economics of Money, Banking, and Financial Markets by Frederic Mishkin, illustrates how...
The article talks about economics as a division of social science (Heilbroner, 1991). According to Jack Hirshleifer, economics appreciates its grand status because it provided part of the social theory’s master pattern. However, while social biology also contributed or supplied the other portion. Economics and social biology are both combined...
Introduction Inward foreign direct investment (FDI) is a concept that has gained momentum over the recent past. Several countries in the world have implemented the provisions of the concept in their quest to attain the much-desired economic development. The concept implies encouragement of foreign investments in countries, which need economic...
Introduction and Summary Introducing opportunities and creating a functional support system for those struggling to locate employment options is one of the central issues that the U.S. government must address. However, not all of the solutions that might seem effective on the surface will deliver the expected results. In his...
Introduction Inflation is a highly contentious issue. This is due to its economic implications. For instance, if not regulated, inflation has the potential of crippling a country’s economy. As a result of this, governments are always coming up with policies and strategies to ensure that it remains at manageable levels,...
For businesses to manage a good stock flow, inventories help balance between new and old stock as it protects businesses from recording preventable losses. In most cases, this is achieved by the use of First In First Out (FIFO) and Last In Last Out (LIFO) models of stock tracking. LIFO...
Australia and New Zealand are neighboring countries with highly intertwined economies and cultures. Australia, which has a larger and more industrialized economy, utilizes the Australian dollar (AUD), while New Zealand with an advanced market economy utilizes the New Zealand dollar (NZD), informally known as Kiwi. The two countries maintain a...
Introduction and thesis In the past decades, various economies across the globe have come face to face with the implications that arise due to poor management and regulation of financial resources. The effects of the same have been felt by all individuals socially and economically making financial management a force...
Portland, Oregon will be examined to determine the current status of economic development. The resources for this study initially will come from public administrator generated information. The data will be assessed using S.W.O. T. Analysis. “Smart” Action Research will then be conducted to determine what specific economic development strategies may...
Introduction Pittsburgh is one of the largest cities in Pennsylvania, known as a former steel center and a modern hub for high-tech companies. The town was famous in the early 20th century for its steel industry, ranking second in the US for steel production (Carter, 2016). However, in 1970-1980 the...
Comparison of Financial Reports of the Companies The financial position of company A is stronger than that of company B. The total assets of Company A at the end of 2011 amounted to $1,176,027,002 while for Company A totaled $238,968. Similarly, revenue for company A was greater than that of...
Introduction According to De Souza (2018), Durkheim defined the concept of division of labor as follows: “a way of investigating the moral consequences of the growing complexity within modern societies” (p. 655). An example of that concept, in this case, is the process of drug manufacturing, distributing, and medical care...
Brexit implies “British exit”, and this term is used to name the process of separating the United Kingdom from the European Union in the context of economic and political development. Since 1973 the UK had been a member of the union before the population expressed the desire to finish it...
It is essential to recognize that in the world of serious business, along with opportunities for real economic growth, companies face the potential threat of financial and reputational collapse and decline. This ambiguity of possible outcomes is primarily due to the increase in the number of competitors in the industry,...
Introduction The phrase financial crisis has been applied in wider aspects in recent days with an array of state of affairs in where some financial organisation or assets unexpectedly go down of a large portion of their value. Through around the centuries the civilization has evidenced financial crises coupled with...
In their article, the authors compare the general performance of conventional and religious (Islamic) stock returns in Saudi Arabia. They aim to determine the impact of religious preferences and their ability to create investor recognition effects and segmented financial markets (Alhomaidi, et al., 2019). The examination of all Saudi firms’...
SME lending policies of the British banks before and after the financial crisis The financial crisis that almost brought the world’s economy to its knees in 2008/2009 has left many economies struggling and led to radical changes in the financial sector (Dullien et al. 2010, p. 113). As countries take...
Introduction Globalization has turned the world into a small village where movement and communication are easily done irrespective of the location of an individual. Technological improvement in the field of communication has meant that it is now possible for a business unit to communicate with its customers all over the...
Introduction During recent decades, many countries in Europe and Asia abandoned socialist regimen. Changes related to such transitions have influenced different spheres including political, economic, and social. Vietnam is an example of a successful transition of a low-income country, which moved from centrally planned to a market economy (Tran, 2013)....
Analysis of cost Some of the opening costs of the restaurant will be capitalized. These start-up costs relate to the one activity of opening the restaurant and not daily operation of the business. The costs that will be capitalized are summarized in the table presented below. Item Amount (ĂE) 1...
There is a common belief that Baby Boomers are focused on career development, while generation Y representatives are technologically savvy. I believe that the generalization about different consumer segments is valid and can be used by marketing specialists to make decisions. First and foremost, these generalizations are based on study...
Introduction Background Information Many social science researchers and practitioners have been interested in the concept and field of consumer behavior. There is a lack of consensus on what constitutes consumer behavior as scholars define the image differently. The term has been described as “the actions and decision processes of people...
Summary Today’s economic landscape is characterized by its rapid globalization, prompting brands to expand their operations. Once an organization succeeds in its local market, it is natural for the management to consider international opportunities by launching a new project in other locations. However, such a development process can pose certain...
Introduction This refers to a process where a firm evaluates reviews and compares its internal departmental performance against the set standards and where there is deviation a necessary step is taken accordingly. Any strategy adopted by a firm will have a direct impact on the performance and hence its survival....
Introduction There are several types of foreign exchange rate systems namely; floating exchange rate, pegged exchange rate and fixed exchange rate system. In a floating exchange rate system, the market movements determine the rate of exchange. The government or the central bank does not interfere with the rate of exchange....
Newman, Rick. “Stocks to Watch When the Markets Reopen.” US News 2012. Web. Among the external environmental factors that can have a possible effect on business companies, all sorts of outside influences are taken into account, as a rule, with one major exception. Weirdly enough, the influence of the environment itself...
Introduction Following the downfall of Lehman brothers, attention was focused on the role of regulators and credit rating agencies in the whole debacle. The public demanded for answers that were not forthcoming from all the concerned parties. This experience was to throw the Sarbanes-Oxley Act under close scrutiny and questions...
Introduction Over the years the CAPM model has been used by investors when considering investing in multiple projects. The model provides a way to enable investors to make an estimation of the expected return that can be arrived at from investing in a security. It bases its assumption on the...
COVID-19 and subsequent lockdown measures significantly affected the civilian labor force participation rate and the unemployment rate. According to the U.S. Bureau of Labor Statistics (2021), 61.4% is the last known so far civilian labor force participation rate. The current U-3 total unemployed percentage is 6.3, while the current U-6...
One of the best ways to control the activity of the organization is to have a balance shit as a way of monitoring a company from the financial and tax points of view. A balance sheet is a financial statement that shows the financial position of a business or an...
Hinterlands are the lands or regions behind a coast line served by a port as the terminal for commercial activities. These lands are where the port as a terminal draws its commercial activities from. The forelands are the lands beyond the sea serving as a destination of goods and services...
Importance of persuasion is especially evident in the current debates about COVID-19. In particular, media, experts, and ordinary people compare economic crisis caused by COVID-19 with global financial crisis of 2008 (Estrada & Arturo, 2020). The authorities traditionally prepare for the past, already known downturn. However, the events caused by...
Real estate investment is the commitment of finances to the property with the objective of generating income through lease or rental with an aim of capital appreciation in the long run. Real estate is basically land and any developments made to land and the sets of rights acquired with it,...
According to Gowland (2007), monetary policy refers to the process that is used by governments through central banks in regulating the amount of money supply within the economy. This is undertaken by regulating the rates of interest. Depending on the economic conditions in a country, the government can conduct an...
The concept of conscious capitalism supports fair trade and is relevant to many types of businesses. The approach hinges on the philosophy that commercial activities can elevate humanity if they are executed cautiously through socially responsible economic and political practices. According to Kotler (2016), conscious capitalism entails a relationship between...
Introduction Research has shown that countries with huge dominant state-owned corporations experience low capital growth compared to states with low state-owned corporations. This is attributed to the effective investment allocation by the privately-owned companies as compared to the state-owned corporations. The current trend in the world has seen most state-owned...
Introduction The international Accounting Standards (IAS), Company Law, and International Financial Reporting Standards (IFRS) provide that companies must prepare financial statements for financial reporting purposes at the end of every financial year. These financial statements include income statement (profit and loss account), balance sheet, and cash flow statement. The income...
Technological advancements in the field of transportation are essential to consider when discussing the subject of economics. Several researchers state that the period from 1865 to 1900 manifests a significant rise in nationwide profits in the United States, spurred by the transport system changes (Rosenberg 50). In this essay, the...
The government of every nation has certain responsibilities that it must meet to ensure that all the activities being conducted in the country are running smoothly. The various responsibilities of the government include the provision of public goods such as security, roads, health care, and education (Schanz & Schanz, 2010)....
Introduction The expected return from individual securities carries some degree of risk. Risk is defined as the standard deviation from the expected return. More dispersion or variability from a security’s return means the security is riskier than one with less dispersion. In simple terms securities carry differing degrees of expected...
The Federal Emergency Management Agency (FEMA) is a part of the Department of Homeland Security (DHS). The organization is responsible for protecting the population from natural disasters, preparing for them, and mitigating potential consequences. The agency also helps citizens to recover from the devastating impact of indent, including human-made. FEMA...
The global financial crisis of 2008-2009 was triggered in the US as a result of the bursting of the US housing bubble. This was precipitated by the increased defaults of subprime mortgages where banks encouraged homeowners to take on high loans hoping that they would be able to pay them...
A Dynamic Economy The 1920s was remembered as a happy and prosperous period for American society, with the rapid development of industry, notable changes in working conditions and wages, and the transition to an urban lifestyle. Specifically, to increase production efficiency, business people broadly began to utilize science achievements and...
The opinion of the CEO is correct in my opinion. The world is segmented into various countries and countries into cities not just because of their geographic meaning but due to the differences within these locations. Each country is made up of different languages, dialects, cultures, religions, etc. Furthermore, the...
Introduction In today’s global business environment, the major constituents are the high level of competition worldwide, swift automation of production and another process through advancement in computer technology and production techniques, increased regulatory measures being taken by the governments in different regions with respect to environment and health issues. Moreover,...
According to Eiteman, Stonehill, & Moffett (2015), interest rates in the U.S. and in Europe are rather low and do not get higher than 1%. Such things might have happened because governments and the Central Banks of the countries had low premium rates in the period of the global financial...
Free and fair trade between countries is a crucial issue in politics and economics. Free trade includes policies that help to reduce barriers that may serve as an impediment to international commerce. Fair trade aims to support manufacturers in developing countries by providing fair and sustainable commercial relations with developed...
Component of bank funding and their importance Banks operating in Australia have a variety of sources of funds. The main components are deposits, short-term debts, and long-term debts. Over 50% of bank funding originates from retail deposits. Approximately 40% of the total funds emanate from the financial market. Banks draw...
Introduction Taxes normally decrease the amount of wage the employees take home. In most situations the taxation effects are evident, for instance payroll and income taxes are deducted from employees’ pay checks (Ziliak, 2005). Sales tax or Value Added Tax (VAT) affects the employee’s income indirectly compared with payroll and...
A Real Estate Investment Trust (REIT) is a security that can be sold like stock. Concurrently, it can be invested (either directly or indirectly) in real estate through properties and mortgages. There are varying types of REITs with the major ones being Equity REITs and Mortgage REITs. There are also...
Introduction: Defining Deficit Spending In order to gain an in-depth understanding of the economic outcomes of the Great Recession and other financial catastrophes, it is crucial to grasp the concept of deficit spending. The media has been the source of public dismay concerning the massive national debt, which continues to...
Taking the position of supporting a balanced national budget, the policy is essential to protect future generations from huge debts. A growing federal debt can burden future generations, causing low national savings and reduced incomes (Asatryan et al., 2018). There will be high-interest payments that could make taxes rise causing...
Introduction The development of stable operations in production has a coherent relation to the formulation of policies that protect against losses. Essentially, there are various paramount strategies to prevent the loss of money owned by a company. However, this discussion assesses the property-casualty insurance where such vices as accidents to...
Introduction Briarwood Medical Equipment (BME), is facing a dilemma of raising capital for its expansion needs. Given that they need to raise an amount of $250 thousand to finance the expansion and the options available, which are raising new shares and obtaining external sources of finance. It appears that they...
Introduction Existence of financial intermediaries is a key element for smooth functioning of an economy. Financial intermediaries refer to all the financial institutions such as bank and non-bank financial institutions that are established within an economy (Richard, Burton & Norman, 2004, p.2). Financial intermediaries play a significant role in linking...
This paper seeks to logically discuss and critique the modern portfolio theory (MTP) that emerged in the 1950s as the brain child theory of Harry Markowitz who spearheaded its advocacy as being the first scientific means to quantify investment risks. What was meant by this was that if the concept...
Introduction The European Union (EU) has passed regulations that aim at governing the region’s energy sector effectively. The main aim of the legislation is to have separate producers and suppliers from the transmission networks. The unbundling regulations require energy companies to concentrate on production only, leaving out ownership of transmission...
Finance is the management of money, assets, banking, investments, liabilities, or anything to do with money. It involves the management of money and cash in various sectors of an organization using various instruments and means. Assets, liabilities, bonds, risks, loans, expenses are all measurable in terms of money. Finance is...
401k is a kind of retirement plan that contributions made to the account do not attract any tax until withdrawal. The plan is applicable to both profit making organizations and non-profit making organization. In most cases, the employer also contributes to this account on top of an employee’s contribution to...
Background and motivation Audit is a fundamental financial activity of all business organizations. Audit determines the financial position of an organization. Companies undertake audits annually. The regulatory bodies of most countries require companies to publicize their annual financial reports. The financial reports determine the investor’s investment decision. Therefore, it is...
The economy and governance of the United States are based on ultimate documentation and strategies created in the past centuries and still provide the citizens with profound guidance. One of the brightest examples of such bills is the Debate of the American System, created by Henry Clay in 1832 (United...
Trading bonds is a complex and risky job that requires knowledge of the nuances of the market and the rules of interactions in it. However, most of the patterns are available and well known to bond portfolio managers and the general public; thus, anyone can master them. This paper will...
Introduction The paper takes a financial analysis of Shire plc and AstraZeneca plc; both companies have their main operating base in the United Kingdom. Both companies are listed in the countries stock exchange. They are in the pharmaceutical industry. Brief information about the Companies Shire plc commonly referred to as...
The shelter is one of the basic requirements in everyone’s life. When undertaking some budget calculations, it is noteworthy to determine the possibilities that a person has. Nevertheless, the house that an individual can live in could be leased or owned. Before renting or buying property, someone should do some...
Introduction The theme International corporate reporting and financial accounting, is a vast area of research and study that goes a long way to elaborate corporate financial reporting and transparency. It is important to note that the need for proper transparency and suitable corporate financial reporting is highly essential. Due to...
Introduction Fairtrade®: Definition With the rise in globalization, opportunities for trade have expanded tremendously, allowing for cooperation between organizations on a global level, and reinforcing international partnerships. As a result, the necessity to create homogenous standards for interacting in the global economic environment has emerged. Thus, the platform for building...
In the last 25 years, consumer bankruptcy filings have increased from 225,000 to 1.5 million forcing many experts to examine what could be the reason behind this worrying trend. Interestingly, the experts have concluded that the attitude of the society towards those who file for bankruptcy is to blame (Zywicki,...
Societies have long been searching for the most efficient relationship between the state and the market, which is reflected in different models of political economy. Nevertheless, it is important to understand that the world evolves rapidly, and some features, even the core ones, of the concepts of political economy may...
Introduction Spain is in South West of Europe. It has an area of 504,750 square kilometer. It had estimated population of 40,341,000 as of 2005.Its capital is the largest city namely Madrid. Some important cities in Spain are Valladolid, Burgos, Salamanca, Toledo and Badajoz. Great regional diversity is being displayed...
Taking advantage of loopholes in financial regulations by UK companies A certain degree of flexibility and management judgment on business leaders is allowed by Generally Accepted Accounting Principle (Gee 2006). This is to enable the companies to have some leeway or choose their own methods of accounting, financial estimates and...
Importance of timing differences in accounting and businesses In business, it is important to make an accurate tax return so as to avoid the costs associated with penalties that arise from filing wrong returns. An accountant needs to note down the differences in the timing of the amount of income...
Business leaders apply evidence-based strategies to identify effective processes and initiatives that can transform less profitable operations. The concept of organizational development (OD) guides managers to improve business practices and eventually maximize overall performance. This discussion defines and describes OD as a critical concept for strengthening a company’s culture, processes,...
The Initial Problem Introduction: The problem that is money laundering, corruption and terrorism Money laundering, corruption and terrorism are rife in East and Southern Africa. This unfortunate phenomenon is largely attributed to the abject poverty that at times seems to be endemic in this region of the world. The aforementioned...
Discretionary fiscal policy is a tool used by governments to regulate the economy via increasing or lowering the taxes and spending. Increased government spending and tax cuts are the tools used in expansionary fiscal policy. It is used to ensure faster economic growth, higher demand, and better employment opportunities. Contractionary...
Michael Lewis is the author of the article titled Wall Street on the Tundra which attempts to describe events that led to the financial crisis that befell Iceland. Even though Iceland’s financial meltdown attracted scant global attention in relation to other calamities that reverberated through the global economic powers, the...
A moral hazard is simply defined as a risk that a financial institution or a party to a contract enters into a contract not in good faith. A party to a transaction can decide to provide false information regarding its assets, liabilities or financial status in order to earn a...
Michael Lewis’ book, The Big Short: inside the Doomsday Machine mainly deals with a group of individuals who tried to analyze the sub-prime mortgage and came to discover many underhand deals in the financial system. The shenanigans in the Wall Street came to understand that their schemes would bring about...
Financial statements act as a channel of revealing financial information about a business to individuals within and outside the business. They give a summary of the accounting process whereby the financial position of a business is made known at a time. The major reason for preparation of financial statements is...
Introduction Multinational corporations (MNC) are perceived to entail business enterprises that have their operations in several different countries. These enterprises are headquartered in their parent or home countries and run their operations in several other countries. MNCs are hailed for their immense contribution towards economic globalization. The distinctive character of...
Introduction Auditor is an independent examiner of financial expressions in an enterprise. Auditing, therefore, involves careful examination of a firm’s financial records to ascertain their accuracy. An auditor carefully studies the enterprise’s financial reports and summarizes their findings for the persons who have requested the audit. These are persons such...
The diamond-water paradox can be explained in terms of definitions of the term “value.” One should be able to distinguish two aspects of the concept, which are value-in-use and value-in-exchange (Eggert et al., 2018). The former definition focuses on the utility and use of the object, which makes water highly...
An overview of New York City New York City is one of the most populated cities in the United States of America. It is a city composed of many different types of people. As such, the population of New York City comprises the original inhabitants of the city in addition...
Financial institutions play a pivotal role in shaping the economy of every nation. Nevertheless, their decisions may dip an economy into economic difficulties or turmoil. The activities of financial institutions may also contribute towards improving the performance of an economy. Over the past decade, financial institutions have played a significant...
Introduction Taxation is one of the most important activities under fiscal operations in every economy. It is the main source of government revenue. Therefore, effective taxation processes play a pivotal role in determining the ability of an economy to meet the needs of its citizens. Thus, taxation can be viewed...
Introduction Integration in a given firm and/or industry refers to the process of organizing production based on organizational unification as well as technology of different production processes. The management of any given firm should employ a method of integration which offers the specific company technological efficiency. A firm is said...
Corporate organisations are social entities or systems where people of different ethnicities, socioeconomic backgrounds, cultures, and calibres merge to form an organisational structure. According to Boddy (2011), modern organisations exist in a hierarchical arrangement where leaders and subordinates interact and share views. Socialists have argued that almost all organisations are...
The United Arab Emirates can be listed among the states with the most successful economies. The effective development finds reflection in UAE citizens’ relatively high quality of life and happiness levels. It is possible to explain the state’s successful economic development as the combination of effective economic diversification strategies, including...
Introduction The review of issues concerning capital structure is defined by the perceptions expressed by various authors. In the article capital structures theories, a critical approach (2011), Brendea defines capital structure as the financial structure of a firm coupled with the long term financing used by the firm. She observes...
Globalization continues to change the way countries interact coinciding with a dramatic change in the structure of wages in advanced countries. This implies that a company from Australia seeking to have its production in the United States will have to put with high wages for highly skilled workers. As for...
Introduction Currently, Hong Kong primarily derives its tax revenue from the Salaries Tax and the Profits Tax, this makes up approximately two-thirds of the total revenue from tax collection in Hong Kong (Arnold & McIntyre, 2002). The existing tax base of Hong Kong is extremely contracted, only 35 percent of...
Introduction Real Estate Investment Trust (REIT) refers to financial security that can be traded and principally invested in the real estate ventures. The investment can be direct or indirect in regard to properties and mortgages. REITs differ, for example, there are equity REITs and Mortgage REITs. Additionally, there are conventional...
Introduction Hong Kong is a vibrant city that is renowned for its attractive low and competitive tax system, sound government finance and reliable provision of public service. In the wake of globalization, Hong Kong has proposed certain tax reforms that will expand its tax base to sustain a prosperous economy...
Introduction Nairobi is the capital city and administrative headquarter of the republic of Kenya, in East Africa. The city is situated 10 South and 360 East, 87 miles off the Equator. The city is at an altitude of 5,512 feet about sea level and has an area of 266 square...
Introduction This paper intends to discuss the concept of time value of money. The goal is to show that current cash flow is valued highly compared with future cash flows hence the need to compare cash flows in terms of present value and future value. Time value of money is...
Capitalism has been instrumental in ensuring adequate and reliable access to basic needs. Developed capitalist nations such as the United States (U.S.), United Kingdom (U.K.), European Union (E.U.), and Hong Kong benefit from economic growth (Thier, 2018). The capitalist strength of these economic regions is measured by providing public services...
Introduction The Islamic banking system has experienced exponential growth across the world. The system has transcended from its existence as a niche to a widespread financial system (Chong & Liu 2009). As the Islamic banks increase, change in the operations dynamism has been witnessed, which has ushered in competition. The...
Introduction A REIT is a form of security that is traded in the same way as a direct investment and stocks in the stock market—undertaken through properties or mortgages. On the other hand, a trust is an organization that pools together a number of investments relating to REIT. Similar to...
Trading currency has always been considered a risky business. However, the reasons for these rumors are mostly invalid. While trading currency does involve a specific element of unpredictability, it still follows common economic laws, and its processes can be traced easily. Moreover, the possible revenues can be calculated with considerable...
The “occupy street movement” in the United States of America is against the increasing appetite and insatiability of corporate American citizens and its banks. The nation’s democracy is in the hands of as little as 400 American billionaires who have taken this chance to humiliate the rest of the American...
Michael Porter’s Theory of the National Competitive Advantage of Industries MichaelMichael Eugene Porter has written over 20 books and other works that had a significant influence on the world of economics. In the 1980s, he published his article Competitive Advantage, which shortly revolutionized the field. However, his fundamental work, The...
Introduction Low taxes and low government spending makes Hong Kong to be ranked among the most successful tax systems in the world. Hong Kong’s tax system withholds Goods and services Tax, pay as you earn not used and focuses on big income sources. This has seen it gain a lot...
Abstract This paper analyzes the effects of finance as it relates to banking in the Cayman Islands. Finance as a field of economics has grown to be an integral part of any country’s economy. As such most of businesses revolve around finance. All industries in a given economy have an...
The 1920s are believed to be a time of unbelievable economic boom in American history. During this decade, the economy of mass production thrived, as well as mass consumption. In his speech accepting the Republican presidential nomination, Harding promised a “return to normalcy” by the renewal of the practice of...
Introduction An economic model is a statistical model that enables the quantification of casual relationships identified in a given scenario. Using this model, one identifies the most important factors that influence the actions taken and analyzes the behaviour of pertinent economic variables. Economic models are explanatory in nature, and they...
In life, people need to make a number of investments to secure their future. In some cases, they have to forego immediate gratification of needs and ‘wants’ to pay the price for a better future. For example, one may forego marriage to focus on investments meant to establish them financially....
The rate at which the use of computers in Africa is growing so fast. There is an increase in the need for computers plus their accessories in countries like Kenya. Educational institutions, the public, and the private sectors are all undergoing computerization. There dire need for computers to enhance efficiency...
CIF contracts are one of the most popular trade agreements between a buyer and a seller in the sphere of international trade when sea carriage is used. CIF is a shortened form for cost, insurance, and freight. As a rule, the cost of goods depends on freight and insurance. As...
Introduction The United States of America uses the United States dollar as its official currency. This is usually abbreviated as USD, $ and US$. These are normally used to make it distinct from other countries which abbreviate their currencies using the dollar symbol. In addition, the USD is divided into...
One of the most important geopolitical issues in world politics is the trade war between the USA and China. Its development affects almost every other country due to the sizes and influences of the two biggest economies in the world. Thus, the project will be dedicated to analyzing this phenomenon,...
Introduction The numbers of risks that private homes face is immense hence making it appropriate for many with private homes to insure their property. The type of insurance that covers private homes is normally referred to as a homeowner’s insurance or property insurance (Gron, 1994). Home insurance is very popular...
I work in a company dealing with horticultural products. The two main categories of our products are fruits and flowers. The company imports the products from countries where the products are cheaply sourced. We then distribute the products locally to wholesalers and retailers. The company’s most important assets are warehouses...
Abstract This report seeks to analyze the concepts of Islamic banking. Specific topics covered include history, operations, risk management, and barriers of Islamic banking in financial institutions. Islamic banking system has grown globally; new banks are emerging all over the world to cater for Muslims. The bank’s aim is not...
Introduction One of the major operations of banks in contemporary society is lending. This is whereby the bank makes money available to the public for various purposes in the form of loans. The borrower approaches the bank for a loan to finance various activities. These may include the purchase of...
The moment that the American president-elect, Joe Biden, assumes power and makes the seeming easy pronouncement to abide by the climate agreement, retain membership in the World Trade Organization, and seek to improve free and fair trade among nations, it will encounter three major foreign-strategy concerns. In order of priority,...
Introduction Financial accounts have different users; each user has specific needs they require from the accounts. Financial account users can be defined into two main segments internal and external users; internal users interpolate, analyze, and make inferences from accounting information to make informed decisions. Some of the financial accounts statement...
Introduction Littlewood (1997) defines taxes as the “charges levied against a citizen’s personal income or on the property or for some specific activity”. Taxes can solve many issues. Firstly, they can pay for services; hence, making life easier for future generations, either by minimizing the country’s debts owed, or by...
Introduction Latin American countries’ economic situation is significantly influenced by both the internal policy and external initiatives of such organizations as Import Substitution Industrialization (ISI) and such countries as China. Therefore, their further economic growth depends on the capability to reorientate their efforts while considering the recent trends. This paper...
Capital budgeting analysis addresses the predicament of strategic long-standing investment decisions. It entails analyzing, evaluating and deciding whether resources should be allocated to a venture or not. In addition, it analyzes costs and benefits associated with potential investment expenditure (Pamela & Frank, 2002). This work will attempt to carry out...
Canada’s economic system is robust and supported by many industries’ success, including banking and finance. Besides, attractive investment and business-friendly taxation policies attract new players to the Canadian market, allowing for healthy competition and creating new jobs. It is also important that Canada has excellent talent potential, as most Canadians...
Financial Accounting Theory The basic role of any elected government is to constantly better the economic conditions of the general population in nation. This involves conducting a host of activities ranging from legislation, taxation, investment in infrastructure and business enterprises as well as monitoring and regulating economic activities happening in...
A great number of leading American companies choose to post their earnings with Wall Street on a regular basis. On the whole, the key rationale for this policy is to show that the firm continuously grows and its profitability constantly increases. Yet, such strategy gives rise to many questions. First,...
Introduction The word ‘Financial Crisis’ is a term that many economies, large or small, are in fear of. It is a situation which occurs when a country which was once doing well in the financial sector is suddenly faced with huge amounts of debts as well as inflation due to...
Introduction Modern society tends to substantially develop itself within the scope of discoveries, technical achievements, and improvement of social relations. Moreover, in the scientific dimension, discussions are no longer merely about the gradual transformation of historically established conditions, traditions, and trends. It is about the attainment of the so-called sustainable...
Innovations in Information and Communication Technologies (ICT) and transport lead to globalization. Globalization is the process of increasing cooperation between different nations, and ICT is one of the factors that allows people from different nations to share their culture with others and work with individuals from other states. ICT’s innovation,...
Companies engage in business to make profits after which they either reinvest back into the company for the purpose of expanding the company, or distribute the profit to the shareholders in terms of dividends. Mostly, this Profit is taxed as corporate income tax, and after the dividends are distributed to...
Introduction Exploring the nature of the company’s microeconomics is an essential part of developing a successful strategy for its future growth. This paper will review the banking and financial management of the Russian company Sberbank, which began to expand globally in recent years. Frexias and Rochet (2008) describe banks as...
In managerial processes, capital budgeting has been observed to be an important managerial tool requirement (Steve & Burton 165). It is a procedure used by financial managers to compare, evaluate as well as select particular projects to be able to determine whether an investment is worth risking (Steve & Burton...
Executive Summary Portfolio is a collection of investments held by a person or a company. The aim of selecting a portfolio is to achieve a desirable result of return through diversified risk. It will be unwise for an individual, to invest all his money in one project or security, since...
Introduction Islamic banking has been growing in popularity in MENA countries as a way of complying with Islamic principles. According to Mervyn and Algaoud (83), there has been pressure among the financial institutions to be compliant with some of the Islamic principles in their operational strategies. Shariah law prohibits charging...
Well-established supply chains are an essential part of private and global trade, since they ensure that goods and services reach customers and make a profit for companies. However, various political, economic, technological, environmental, and other world changes affect supply chains and force companies to be flexible in their design. For...
Introduction The evolution of a green economy (GE) has become the main concern for many countries. It requires significant law reforms at the local, regional, and global levels to assist in realising the fiscal opportunities, emerging from a change to less polluting methods of manufacturing and consumption, including fresh employment...
Financial researchers are focusing on deriving a model that calculates a Q-measure and P-measure distributions. Q-measure focuses on risk-neutral that has a role in pricing. P-measure focuses on real-world that receives more attention than Q-measure. Real-world measures depend on pricing and risks. The modelling process involves the use of potential...
The global economic crisis has hit the U.S. with a particular force. It has sharply reduced the volume of production, which led to the breakdown of finances, caused widespread destruction and bankruptcy of industrial, commercial, and financial firms, not to mention mass unemployment. The years of the crisis affected one-fifth...
Introduction The public sector is the main service delivery point for most nations. Citizens obtain basic services from this crucial part of the economy. The control of the public sector is mainly by the government that is in power at any particular time. Traditionally, authorities were charged with the delivery...
Obamacare is an act of the government of the United States of America that was formulated and signed into law in order to give affordable insurance services to the citizens. The health insurance act of 2010 has become very popular, not only to the citizens of the United States of America...
From the literature, I understand that Ross, Westerfield and Jaffe (2013) support the need to study the merits and demerits of using the dividend growth model to estimate the stock price of a dividend and non-dividend-paying stock. Small and large firms have many growth opportunities, which can use the dividend...
Capital structure is the balance of the firm’s debt, and equity and international operations allow for diversification and lower the overall risk of a business, which signifies the importance of international capital structure (Loth, 2019). However, different states may apply different principles when calculating the debt to total assets, which...
The objective of portfolio theory Diversification of risk is a process that captures the reduction of risk through the allocation of investment among diverse financial instruments or categories. A diversified portfolio is accompanied by high returns. Research by Besley and Brigham (2007) shows that diversification helps to reduce unsystematic risk....
The process of developing a new product is a complex set of various activities, closely related to one another. The process of product design and selection of technology, based on which production is organized, is an important process in the creation of a product. Product design and capacity determination are...
Several injustices, such as racial discrimination and denial of voting rights, persist not only in the United States but also across the globe. Sadly, they weaken moral doctrines and constitutional principles that shape the prosperity of any society. The U.S. Constitution provides various rights and responsibilities to the citizens, helping...
