2713 samples of this type
Introduction Boroughs usually pursue recourse from some or all of their deficits through the legal process of filing bankruptcy. In the United States, cities have a right to petition for insolvency relative to chapter 9 of the federal bankruptcy code. This case study on Detroit’s municipality insolvency is key in...
Introduction to the Project The modern world is a global space where long distances are no longer barriers for people willing to travel. More than a billion people travel between countries across the world for various reasons. Nevertheless, this number has reduced significantly in the last one and half year...
Introduction Climate vulnerable developing countries often fail to deal with the macro-financial risks caused by climate change. The transition and physical impacts threaten their debt sustainability, development prospects, and investment attraction. International Monetary Fund (IMF) and similar organizations can support the course of such countries. It is critical to note...
“U.S. Senate Democrats agree to $3.5 trln for budget reconciliation bill” and “Spain to Invest $5.1 Billion From Its Share of EU Pandemic Fund to Boost EV Industry”: Article Review. Summary A newly voted democratic government might be able to achieve a significant part of the funds for the investments...
In economic theory, there are two significant points of view on governmental guidance and economy. One of the points was presented by Keynes and later became known as the Keynesian Economic Theory. The other one, founded by Friedman and von Hayek, is known as the Chicago School Economic Theory. This...
Introduction The ongoing economic crisis associated with COVID-19 is causing billions of dollars in economic losses to all countries in the world. This problem is exacerbated by political confrontations between the East and the West, with major players like Russia, China, Europe, and the US splitting up into spheres of...
At present, the increase in unemployment in the United States is associated with the country’s epidemiological situation and the tightening of quarantine measures taken by states and individual cities’ authorities. Unemployment rates are more critical compared to the 2008 economic crisis. Vedder’s point is that US citizens tend to work...
Econometric models have been traditionally used as a means of evaluating the chances of startup success for entrepreneurs and investors alike – it allowed for making an educated estimation on whether the investment would prove true or false. This type of evaluation relies on the assessment of both quantifiable and...
Introduction It would not be an overstatement to claim that the Great Depression era was one of the darkest pages in U.S. economic history. Causing the U.S. economy to suffer a tremendous collapse, Great Depression led to poverty rates spiraling out of control, while also affecting other countries such as...
Doughnut economics is a book by a modern economist and researcher, Kate Raworth, that presents a new view of how human society should function. The author suggests replacing the outdated circular flow of goods and money with a modern model, the Doughnut. It received the name from its visual illustration...
In June 2019, there were protests in Hong Kong caused by the China government’s new plans to allow criminals’ extradition to Mainland China. The Chinese authorities wanted to pass a national security law that would further threaten Human rights and political activism (Wan 43). Moreover, there were police brutality cases...
The world commenced undergoing rapid industrialization, especially between 1700 and 1800s, led by the global north. During this time, countries such as Britain experienced increased production of goods. The two critical theorists and classical economists, namely Adam Smith and Karl Marx, play a pivotal role in explaining this phenomenon and...
Fernandes’ article “Economic effects of coronavirus outbreak (COVID-19) on the world economy” illustrates distinct factors that influence the demand and supply of products. This piece focuses on discussing the financial impact of the COVID-19 pandemic on various industrial companies. Although the author argues that the disease influences both the supply...
Food, beverages, and medicaments are an integral part of an average American’s everyday life. Unfortunately, modern food and medical products companies can use substandard or hazardous food additives and disrupt storage or transportation conditions. Thus, public health may be at risk, and the Food and Drug Administration’s mission is to...
The article “The effect of oxen on agricultural productivity and farm income in Nicaragua” is written by Garcia-Fuentes, Fukasawa, Martinex Rodriguez, Vargas, and Mireles. Nicaragua’s economy depends on the agricultural sector since it generates 20% of the GDP, which describes the total output of the economy. Moreover, approximately 40% of...
Good fiscal policy has proved to be an effective method to counter severe economic recessions and surging unemployment rates (Battaglini and Coate 303). The two most popular strategies that the governments apply when faced with crises include increasing government spending and lowering tax rates. Generally, it is believed that the...
The article summarized here is titled “Labour shortages threaten housing supply,” written and published by The Economist author unknown in September of 2021. The thesis of the article is that while demand for new homes is high, there is not enough labor in the form of supply to build them,...
A new wholesale electronics business would demand an accurate accounting and inventory control system. Having fewer HD televisions in the warehouse may result from an oversight in physical tally or neglect to undertake periodic inventory counts. As a strategy to prevent the loss, the loading dock doors should be safe...
In 2020, due to the COVID-19 pandemic, the entire world had to encounter severe economic crises, which affected every sphere of life. It was especially tough for organizations of different kinds and fields, as it was absolutely unexpected. Even the wealthiest and the most developed countries, such as the United...
World trade primed for strong but uneven recovery after COVID-19 pandemic shock – World Trade Organization The article predicts that the economy will be rapidly recovering from the 2020 Covid-19 pandemic, drastically improving the measurements from the year before. The economic rebound she temporarily improve the speed of trade, slowing...
Since China is the most significant exporter globally, any changes in its currency have a substantial effect on the international market’s situation and macroeconomic landscape overall. In particular, the recent unexpected devaluation of the Chinese yuan renminbi (CNY) to boost exports provoked controversial reactions and had varied implications for many...
Introduction The great depression of 1929 was preceded by a number of economic, social and political events. In Germany the depression was considered as the turning point of the economic and development jurisprudence. A historical interrogation of Germany between 1880 and 1933 presents a better understanding of this claim. Argument...
The analysis of various expenses of publicly traded companies provides the chance to understand that the factor of issue type may influence the organization’s choices. The flotation costs can be defined as the expenses of the company aiming to become publicly traded related to issuing new securities. When an organization...
Introduction Financial inclusion is important in improving economic growth by reducing income inequalities. Economists agree that reducing income inequality increases disposable income among the poor, which is a primary demand. Governments have attempted various strategies to tackle the issue over time. Income distribution through financial institutions has been given prominent...
The COVID-19 pandemic has posed a severe challenge to the business sphere, with many companies having to downsize or operate within a new environment with changing consumer needs. Due to the restructuring and shifting expectations surrounding business, there has been a spike in entrepreneurship, especially with workers being laid off...
Tax-payers face multiple regulations and rules that subject them to inevitable consequences or benefits, constructive receipt doctrine being one of them. Constructive receipt is responsible for reporting taxable income, more specifically under the cash-basis system of accounting. The most crucial distinction of constructive receipt is that it is solely applicable...
The crisis or the housing bubble of the United States was a real estate problem that negatively and significantly affected more than half of America. It had severe consequences, including the most serious economic recession in the U.S. since the 1930s Great Depression. The purpose of this paper is to...
The process of approval of a budget size for the next fiscal year is a compound, long, and nuanced one. Everything starts with the President’s budget request, a lengthy bill of all the discretionary programs that he suggests to be financed. Soon after that, the Houses of Senate and Congress...
The current budget system of the company is accounted for poor decisions of the managers. Namely, a significant amount of money is being spent on activities, services, and products that are unnecessary for the company or even contradict its policy. This report aims to provide a general analysis of the...
Introduction Many countries have focused on different ways to help their economies grow. America is one of the nations that have experienced changes in its economy for the past 100 years. Some aspects such as technology, globalization, and population growth have primarily impacted various sectors in the United States, whereby...
This assessment deals with how the Federal Reserve uses monetary policy and its monetary policy tools to try to stabilize the economy while meeting its dual mandate of controlling inflation and maintaining unemployment. Scenario 1 The economy of a hypothetical country has been stable for two or three years with...
The answer to the question might seem incomprehensible for a non-economist. Nevertheless, with the help of some research, even a person that has no academic competence can handle this issue. The methods needed for the solution are uncomplicated search and, for those that demand more evidence, calculations. Thus, every person...
Introduction Political and economic freedoms are characteristics of a democratic society that denote its capacity to participate in political processes and take economic actions, respectively. Politics and economics have been inextricably linked throughout history, accounting for the rise of some of the world’s most famous empires. The connection continues in...
Introduction The decision-making process regarding future investments should be based on theoretical frameworks to avoid failure. They include forecasting errors indicating the difference between expected and actual outcomes alongside the net present value (NPV), which should be positive for accepting the projects. Therefore, this paper aims to clarify the former’s...
Executive Summary The long-term goal for UK in international trade is to be globally competitive. One major problem is the negative trend in trade deficit during the last decade with EU members. To achieve the best possible outcomes in the short-term and in the long-term for UK, key issues must...
Globalization as a process began several decades ago along with the restructuring of the world, the emergence of new states, and the development of new technologies. This process continues today, and arguments both in support and against this phenomenon are expressed regularly. Such a broad discussion of this event in...
Vietnam Nam has been the Ministry of Finance the United States sticker labels are those who sport in need of money currency in press statements usually aged about to stop blocking the country in winning is beneficial that commercial trade does not work with on day 12.16.2020. Month 12 years...
Globalization is the embodiment of industrial, social, and economic revolution that helped overcome negative odds in people’s lives. It is a phenomenon that is treated as a turning point in developing the various aspects human beings were engaged in, as globalization is a real advent of prosperous humankind’s evolution. From...
Introduction One of the most significant factors when deciding whether to invest in a certain country is the volatility of its currency. It has been argued that currency volatility is correlated with the volume of international trade. It is an intuitive conclusion since volatility raises risk. High volatility creates uncertainty...
In the 19th century, the North and South regions in the U.S. had been divided. The Southern economy was driven by cotton plantations, which were worked on by enslaved African-Americans. Conversely, the North depended more on manufacturing and paid workers. The North had a sentiment of abolishing slavery; however, this...
Introduction Traces of financial crisis and negative externalities have been present across the banking sector for the last several decades, so their impact on economic stability can be explained via two inherent descriptions. The first vital concept is the existence of microprudential purposes that gave birth to balance sheet rules...
In Latin America, there are now three vectors of economic development. Some countries show high rates of economic growth, while others show an apparent slowdown, but there are also some states that are in deep crisis. Despite the countries’ success in the so-called “golden decade,” many of them are experiencing...
After running the simulation, we have noticed that our profit in the first run is higher than in the second run, despite the lower possessed quantity of the product. Our market price was higher in the first scenario, making us more stable and confident in participating in the market competition....
In the United States, labor unions still remain one of the main bulwarks capable of protecting workers’ rights, wages, and working conditions through collective bargaining. Their influential significance is primarily due to the support of the legislation. Nevertheless, at the turn of the 20th century, most unions adhered to the...
Introduction The European Union is currently experiencing one of its worst financial crises since the formation of the regional body in December 1991. So far, three countries namely Greece, Ireland as well as Portugal have admitted facing huge national debts while Spain and Italy are facing the danger of slumping...
Introduction The article under consideration entitled “Jerome Powell Knows a Market Tantrum. This Isn’t Close” is related to macroeconomics and was published on February 23, 2021. In this article, Chappatta (2021) dwells upon the actions of the Federal Reserve and the situation in the bond market. It is stated that...
Introduction The book, The Donut: A Canadian History, narrates how the donut became Canada’s unofficial national food. In connection to this, the author gives a strong affidavit explaining to the reader the reasons why the donut is connected to Canadians’ lives now and its merits and demerits on the citizenry....
The venture capital (VC) industry has seen tremendous growth over the past years. Most pension funds and government agencies have shied away from VC because of associated risks. However, more and more government agencies and pension funds are investing in VC due to high return opportunities. Pension funds and government...
The successful development of a provincial region is complex due to the number of innovations that need to be introduced. That is why the example of Kunshan, located in southeastern Jiangsu, is so revealing. In just ten years, the city’s population has grown from 600,000 to over two million (Kirby...
Introduction Cryptocurrency is the currency that uses digitalized files or assets as a medium of exchange created using the same method. Cryptocurrency is not controlled by an individual or by any government as electronic money. The distributed ledger is the financial transaction database for cryptocurrency, and it contains all the...
Introduction In the selected article, the author indicates that markets have failed to return to normal following the end of the infamous financial crisis. The concept of secular stagnation tries to explain how such a situation has developed. It describes how an increasing susceptibility to save money and a decreasing...
Nowadays, financial statements provide the investors, public, and management with information about the performance of the firm, and one cannot underestimate the significance of net income in the interpretation of the results, as net income can be defined as a financial value, which represents the actual profit of the firm...
When performing financial calculations, it is crucial to distinguish strictly between theoretical concepts. This will allow for a deeper understanding of the essence of the calculations being made and not to get confused when searching for a solution to a problem. In the context of this study, these concepts are...
When coming up with a successful business initiative, it is of paramount importance to remember that every economic endeavor cannot exist in isolation from socio-political and purely economic factors. For this reason, in order to define the prospects of one’s business, entrepreneurs should become aware of the value of microeconomics...
The history of humankind counts many forms of economic systems that have existed to guide the development of society. Among the many alternatives, one of the most striking economic ideologies is capitalism. Capitalism, which uses money as a valuable resource for human relations, drives society toward competition and rivalry. This...
The modern world is filled with high-tech gadgets that are renewed every quarter, making people buy new items and discard outdated ones. The current situation on the market is called the materials economy that aims to design products that will function for only a certain period to encourage buying new...
The gig economy has emerged after the development of information and communication technologies. The digitalization and proliferation of smartphones have contributed to the development of platforms for hiring temporary contractors. This gig work trend has also created a new format for the employee-employer relationship, primarily based on cooperation on short-term...
With the current political and economic climate, the concept of universal basic income provides many advantages. The majority of the support it receives is directly proportional to the desire to right systematic errors such as income inequality, poverty, and the unsure future of automation in the workplace. Many of the...
The IT market includes everything related to computers and the network. This industry is one of the fastest-growing in the global economy. It has a significant influence in the developed world and connects many essential aspects of life, such as the economy, government, and society. A person encounters the subjects...
It is possible to notice that in the contemporary world there is a growing concern about the increasing United States federal debt. In 1776, this rate was equal to $800 million approximately, while in the present day the number reached $28.5 billion (US Debt Clock). It is possible to outline...
Introduction Steel, aluminum, and tire tariffs are regulated by the US even in modern times. Their impact on the domestic and foreign economies has different consequences. For example, in 2018, the United States rebalanced metal tariffs to the worst for the European Union, to which the EU immediately responded with...
The purchase of a house is associated with a high risk because it requires substantial financial costs. In order not to lose the invested funds, people should be careful about such purchase. The first criterion is the number of rooms in the house, which will directly depend on the family...
Introduction Individual Retirement Account was originally invented to improve the pension plans, which are still widely used. The fact is that, the pension plans were also improved, and nowadays, these are two different approaches towards paying retirement financial compensation. This paper aims to compare these two approaches, and give the...
Chapter thirteen of the assigned course text exposes the reader to the sweeping social, political, and economic transformations in Tennessee in the last three decades, stretching from 1960 to the 1990s. Dramatic events before and during this period, such as World War II and civil rights movements, played a leading...
Background: Study Justification and Knowledge Gap Identification People buy cars for various reasons: some do it to confirm their social and economic status, and others do it to address personal or business-related transportation needs. However, given the numerous car brands, models, and shapes, selecting one option is never an easy...
In a free economy, the market constitutes the main tool for fairly and effectively managing the allocation of resources. Yet, there are certain situations which require interference from an external agent to correct the course of the market. Governments are the primary parties which possess the capacity to artificially manage...
Introduction The implementation of relevant concepts of demographic policy in conditions of a population deficit is a crucial practice not only nationally but also globally. In his article, Passaris (2007) examines the dangerous consequences of the population decline in New Brunswick and analyzes the possible prerequisites for the development of...
Introduction The purpose of this report was to forecast USD/CNH Spot Exchange Rate on July 29 2014. Data for the forecasting were obtained from Bloomberg.com. CNH is the offshore version of the renminbi (RMB). Abilities to comprehend and forecast the exchange rate and fluctuations at any given moments are clearly...
Corporations, organizations, and government institutions draft budgets to control their cash flows, sales, expenses, and assets. The image of the financial health of an organization is built by the financial budget at that particular time (Telvin, 2020). Any organization which makes profits in the form of money or spends money...
Introduction The population of America began to expand in 1815 due to the accession of various states to the union and the appearance of immigrants from different countries actively. The first trends of freedom attracted residents of other countries, although slavery still took place. The South of America expanded cotton...
In this video, McKenna, the audit consultant, and independent journalist focuses on two myths. The first myth refers to the assumption that shareholders damage corporations and the public. McKenna mentions professor Stoute and her book, where she states that there is no legal duty in corporate law for corporations to...
As a matter of fact, asymmetric information in relation to the market is connected with a common situation when one party knows more than another one. For instance, sellers may have considerably more information about the quality and peculiar features of their product in comparison with consumers (Pindyck & Rubinfeld,...
The efforts of host governments in maintaining their national economies through policy interventions under influences such as taxation and request for joint ventures or buying power of state-owned companies restrict the freedom of MNEs in deploying economic resources as they do in their home country while making decisions that are...
The current essay is a report on the given article “Globalization,” written by Peter Temin and published in Oxford Review of Economic Policy in 1999. The present work aims to discuss a set of actions performed by the author to address the topic. Concerning the outline of the paper, it...
Introduction A market structure is the number and size of buyers and sellers who are interested in a product or service. Apart from buyers and sellers involved in the market, market structures for a commodity also include the likely entrants. Because of the differing level of competition within market, different...
A cryptocurrency is a virtual currency that uses cryptography for security. In the modern world, some of the most known cryptocurrencies are Bitcoin, Ethereum, and Ripple (Bunjaki et al., 2017, p. 33). The main advantages of cryptocurrencies are transparency, anonymity, confidentiality, and privacy (p. 33). The authors claim that the...
Chan, Sun. “Financial Crisis Was Avoidable, Inquiry Finds.” The New York Times, 2011, New Ed.: A1. This article explores the report by Financial Crisis Inquiry Commission, where the commission is quoted to have concluded that the credit crunch could not have been “avoided.” The article summarizes the blame game of...
Introduction The Housing Crisis of 2007 was a massive economic meltdown that occurred when banks oversold mortgages in an attempt to satisfy the high demand for securities. Insurance companies, banks, and hedge funds influenced the subprime mortgage crisis. The financial institutions provided mortgage-backed securities while insurance companies provided credit default...
The City of Oran next to the Mediterranean Sea in Algeria is a setting of the famous fiction outbreak of the bubonic plague. The book was published in the 1940s, and its plots resemble the ongoing coronavirus pandemic. The plague is a bacterial zoonosis disease affecting rodents, and it is...
Introduction The economic history of economic condition of a country shows the country’s present economic status, and the economic well being of the country. With the economic recession the world economy has been facing crisis regarding their GDP growth, inflation, current account balance, and unemployment rate (UN, 2008). This paper...
Introduction The economic system of states is a complex, multifaceted set of procedures and measures initiated by government and society in order to maintain the financial development or stability of the state. Among the multitude of descriptive facts, special attention should be paid to deficit spending, which characterizes the state...
It is hard to disagree that there is typically a strong correlation between some changes, for example, in prices, and a quantity demanded. Fan et al. (2019) discuss how changes in climate may have significant effects on electricity demand in China. According to the authors, since the electricity sector is...
Bank of America is a leading US financial institution dedicated to serving individual consumers, large corporations, and small and medium-sized enterprises with a broad range of banking, investment, and management products and services. It provides easy-to-use online products and services and is listed on the New York Stock Exchange (Bank...
Financial management principles promoted at the national level can be factors that determine the different economic performance of individual businesses, including supply and demand. The current monetary policy of the United States assumes free conditions for the development of entrepreneurial activities. Miranda-Agrippino and Rey (2020) highlight such policy features as...
The term foster care refers to the temporary care service given to children who cannot live with their homes with their families. Foster care mainly provides a family and their children with an alternative shelter when they find it unsafe living in their homes. In other cases, where their own...
A tax haven is a state that has no payment of taxes be it personal or corporate. Businesses are allowed to operate without the intervention of the government in form of taxes (Shaxson, 2011). One of these states is the Liberia which allows the residents to carry out business or...
Introduction ICICI Bank is one of the major banks in India. According to the bank’s financial reports of the financial year 2013, its assets are worth the US $ 99 billion. The bank has are not less than “3588 branches and 11,162 ATMs in India” (ICICI 2013, p. 1). “ICICI...
Complementary goods are items that are preferably used along with each other. One such good is more practical and popular among consumers if used in conjunction with another compliment. Thereby, any changes in the price of one good directly affect the demand and supply of another. Complementary goods affect each...
Puerto Rico, an American colony in the Caribbean that was once perceived as “The Shining Star of the Caribbean,” is on the verge of collapse due to colossal financial crises. Puerto Rico’s economy grew significantly after abandoning its sugar-based economy and adopted industry-based economy in the second half of the...
Introduction When faced with a recession, there is a great anticipation of a general slowdown in economic activity. During the recession period, people cut off on expenditures and shift to spending exclusively on the necessary items. Expenses during these tough times are aligned to basic human needs such as food,...
Introduction Poverty poses a severe threat to sustainable national and world development. It implies the inability to provide the most necessary human needs for comfortable living conditions. At the same time, the established minimum wage levels also cannot provide the required income for a high standard of living. This work...
China has become a global economic phenomenon due to its stable and remarkable growth. The THI requires data on whether this market is suitable for investment and business development, and this paper will present an analysis of the microeconomic indicators that highlight some important aspects to consider. THI should invest...
In a number of cases, the government, proceeding from certain political, economic, or social interests, establishes restrictions on the market to exert a stimulating or restraining effect on it. However, the government’s actions disrupt the mechanism of market forces, and as a result, such situations may arise in which the...
The principles of PPP, its merits and demerits One of the principles of PPPs is to have the public sector gain access to private sector resources. The resources are in the form of expertise and finance (Public-private partnerships, 2013). The private sector has more innovative ways of raising a large...
Introduction It has been acknowledged that competition is the primary instrument and ground of progress. Monopolies, in their turn, are regarded as the entities that prevent any growth due to their negative effects on competition in certain areas of the economy. Governmental monopolies are often allowed in many countries, but...
A global strategy is based on the assumption that the consumption and production patterns of goods and services are homogenous worldwide and countries are interconnected. Multinational enterprises keep total control of their activities by centralizing decision-making global strategy to increase profits while reducing production costs. MNEs can execute global strategy...
The ethical dilemma that Mr. Markham is currently facing is the necessity to choose between the two undesirable options. These are: whether to report the board of directors of the pension funds the real numbers regarding their value of liabilities, which are two times higher than the ‘official numbers,’ or...
During the period of economic downturn, a stimulating policy (expansionist) is carried out, which implies an increase in government spending and a decrease in tax rates. During the upsurge, a contractionary (restrictive) policy is carried out. In the time of recession, a stimulating fiscal policy (fiscal expansion) is provided, which...
Introduction In the contemporary information-driven markets, consumer purchasing behaviors are particularly dependent on the availability and credibility of information about a product one has an intention to buy. For this essay, the product selected for analysis was running shoes. Different brands of running shoes were examined to retrieve online reviews...
Business Problem In budgetary financial matters, extensive consideration has been given to comprehend the relationship between returns, instability, and exchanging volume. Price-volume relationship and investors’ attention is imperative since this observational relationship helps in contending hypotheses of trading behavior and market trend. The analysis enhances the development of the test...
The choice of the countries for the paper was directed by the following information. Canada is a member of OECD that ranks fifth among oil exporters in the world (“The World Factbook” par. 1-3). However, Canada’s export is relatively diversified and is dominated by various types of petroleum (crude oil...
International Accounting Standard 18 (IAS 18) addresses issues relating to revenue and the various instances whether or not revenue should be recognized. According to this standard, revenue can only be recognized to have accrued to an entity only if it meets a number of key conditions among them being: “..The...
A risky financial decision under consideration was made by a close relative, who decided to purchase an already operational liquor store that had been closed for a month due to serious documentation issues. However, the relative believed that it would be easy to operate an already established entity as compared...
Abstract In the present day rapidly changing market environments, it has become critically important for investors to take a deliberate approach for capturing opportunities to enhance returns and at the same time to manage their portfolio volatility efficiently. While prudent investing calls for taking calculated risks a disciplined asset allocation...
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 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...
Sole Proprietorship Steps to Form The proprietor decides on the product or service to render and selects a unique name for their business. There are no legal formalities required during the establishment of the enterprise. However, the proprietor is required to obtain the prerequisite business licenses, depending on the location...
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....
A significant portion of the federal budget is focused on defense programs, domestic security, and maintaining foreign relationships. Although the federal budget accounts for several vital aspects like healthcare, education, and social security, where any changes would have an instant effect, the same could not be said about reducing some...
Introduction This paper focuses on an article published by Bloomberg in January 2021. It is titled: “U.S. Economic Growth Moderated to 4% in Final Quarter of 2020” (Pickert, 2021). The central topic of the article is economic growth in the United States. More specifically, it touches the subjects of Gross...
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...
Introduction There are different sections of the ICFR, which defines the rules and regulations for liquidating subsidiary corporations and the role of the parent corporation. These provisions include section 331, section 332, section 334, and section 337. All these sections define the process of liquidating and the legal procedures that...
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...
The issue of participating of the government in the economic life of the country was widely discussed in the 19th century. This tendency was characteristic of American politicians as well. In the 19th century, Henry Clay appeared to be a prominent statesman, whose activity was influential in the context of...
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,...
In the contemporary world, there are two opposite opinions regarding businesses’ ethical conduct ensuring. One part of society believes that the marketplace is self-regulating and any external interventions are not necessary as they do not provide equality between business owners. Simultaneously, others state that government regulations are essential and beneficial...
The Company Essential Monitors, Inc (EMI) is not satisfied with existing sales level so they want to adopt improved sales strategy. California has high – demand for computer equipments. “February 1, 2010—January LCD monitor production for top PC and monitor brands—about 85% of the market—was 12.5 M, the highest level...
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...
Introduction The ongoing European debt crisis has been recorded as the worst to have hit the continent ever since the euro was adopted as a common currency more than 12 years ago. The devastating aftermath has already seen such countries as Greece, Portugal as well as Ireland being put on...
Introduction Gupta and Synn (2010) argue that, to increase the wealth of the firm, managers must use the correct evaluation models to identify the right project. This recommendation was put forward by various researchers to resolve problems that emerged after using traditional approach in evaluating projects. This particular proposal is...
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,...
What Is the Economic Meaning of a Recession? A recession is a notable reduction in the economic performance of a nation that lasts for more than a few months affecting labor availability and industrial performance. Boushey et al. (2019) also define a recession as a period of economic contract and...
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’...
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)....
Obesity and overweight are major public health concerns worldwide. Mexico is not an exception: as per recent estimations, two-thirds of adults and one-third of Mexican children and adolescents are carrying excessive weight (Colchero, Salgado, Unar-Munguía, Hernandez-Avila, & Rivera-Dommarco, 2015). In terms of obesity and diabetes rates, among all the country...
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...
Desmond Wilson Financial discipline is vital in the day-to-day life, where everybody is required to know how to handle their finances. One could, therefore, use the aid of a financial professional. Financial coaches’ work is to ensure their clients responsibly handle their finances and reach their goals. Moreover, financial advisors...
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....
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 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...
Introduction The aspects of the creation of an FRP have to be viewed in consonance with its hypothesis and payback values. The following basic outline design has to be followed in any plan of FRP for the banking industry Using Forms to Provide sequence for verification Log File Advice and...
The global interest rates have declined significantly over the last two decades. Specifically, many advanced economies have witnessed an astounding decrease in interest rates. In developed nations, interest rates are estimated to have declined by 4 percent in the last two decades. The decrease represents a significant drop that has...
Introduction Economic instabilities such as the Great Recession of 2008 are as a result of weakened regulations. As from the mid-2000s, for instance, lenders expanded the meaning of credit-worthiness and started to extend mortgages even to buyers who had poor credit histories (Truby, Brown, & Dahdal 2020). A significant number...
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...
