2444 samples of this type
Multinational corporations are the main subject of globalization in the modern world. These are enterprises that own or control production, distribution, service, or funds outside the home country. Trade unions were the first in world practice to be concerned about the uncontrolled actions of multinational corporations. They were worried that...
Introduction Economics is a branch of social science that deals with the manner in which goods and services are produced, distributed, consumed, and managed. This is an integral part of society with regard to improving the standards of living. The effectiveness of economic theories in achieving this feat depends on...
Introduction Globalization entails incorporating national wealth through the trade of goods, investment, capital distribution, labor exchange, and technology use. It eliminates obstacles in a country’s economy to allow the marketing of goods, services, money, and human resources. Most developed nations have undergone international in one stage of their growth process...
Introduction Finance is the lifeblood of each and every business and capital budgeting is one of the important finance functions. Capital budgeting is the investment decision of a firm i.e. the decision of a firm to invest its funds in the long term assets efficiently. The investment decision may be...
Introduction Originally, financial statement analysis is the research, which requires thorough and multi angle approach towards estimation of the financial ratios and financial flows, both horizontal and vertical. The aim of this paper is to analyze the financial ratios of Rondo Company by doing the financial ratios and also comparing...
Eighteen months ago, Barry Bartolo won a $2 million Massachusetts state lottery and chose to receive it as a $120,000 annual annuity for the rest of his life. This year his sisters persuaded him to sell the annuity to a financial institution for $1.79 million and invest the proceeds in...
The Ugly American is a political novel by Eugene Burdick and William Lederer. It was first published in 1958 and caused a tremendous political resonance, including establishing the Peace Corps by the Kennedy administration. The authors’ main goal was to criticize the deficiencies and show the US diplomatic service failures...
Notably, one of the renowned sociology theorists is Marx who introduced the labor theory of value which diminishes capitalism. The reason for choosing this discipline and theorist is that it develops a critical understanding regarding the authenticity of the different reasonable prices and the way products should be valued in...
Introduction Ever since the success of Bitcoin, cryptocurrencies have been steadily growing in number as well as the volume of transactions that occur through them. Despite early assertions to the contrary, they have been found to be valuable tools for trading due to their variety of unique advantages. As a...
Expansionary and contractionary fiscal policies are the two tools implemented by the government to control economic growth. They both use government spending and tax policies to regulate the flow of money. The expansionary policy reduces taxes and increases government spending to increase the flow of money to the economy, while...
The annual expenditure used by 42-year old head of household with a $90,000 annual income having 2 children. In addition to income, other socioeconomic variables that will be considered include the number of children, family size, marital status and annual expenditure on food. Table 1. Variables Selected fo78 r the...
I believe that the US estate tax is reasonable and provides a number of social, economic, and political benefits to the state. Being first introduced in the 18th century, it conforms to the democratic principles of equality and fairness. However, the recent raise of the estate tax exemption is controversial,...
Consumer behavior is affected by numerous factors such as brand loyalty, its remarkableness, consumer’s income, preferences, memory, emotions, to name just a few. Talking about my perspective on the issue, I should admit that my choice is guided by the attitude to the brand. Below, I will describe more precisely...
In Harvard Business Review’s Lessons from Boston’s Experiment with The One Fund, Mitchell discusses lessons that anyone can learn from his experience with fund distribution to the victims of the Boston bombing. What stands out about Mitchell’s opinion piece is his entrepreneurial approach to charity. Many of the lessons described...
Introduction The trade war between the United States and China is one of the main factors of instability in the global economy. It started in 2018 when the Trump administration introduced a series of punitive tariffs and other measures hindering trade with China, triggering a similar retaliation (Klein and Pettis...
Global processes penetrate all structures of society and affect all its social institutions, including health and healthcare. On the one hand, these changes have a beneficial effect on the development of the health care sector: the intensity of the exchange of scientific information, access to effective foreign medical technologies, the...
Introduction COVID-19 pandemic is one of the most impactful events of the first quarter of the twenty-first century that has an influence on almost every aspect of human lives. The global economy suffered severely from the coronavirus outbreak, as the global trade was affected considerably. According to Jones, Palumbo, and...
I live in Manhattan, New York, and I can find anything I need in local grocery stores. My favorite one is Gristedes since it is situated close to my home and works long hours. Also, there is a delivery option, which is highly crucial in the present-day pandemic situation. For...
Globalization is the result of many socio-economic processes associated with the widespread use of information technology and new means of communication. It is not difficult to find a connection between globalization strategies and philosophical categories. The new era of rational dialogue is characterized by a respectful attitude to worldview differences...
Introduction The aim of this dissertation is to identify and study the impact of diversifying portfolios of real estate securities mainly based on two categories. The first category is the geographic diversification of real estate securities portfolio and the other is diversification based on the property type. A substantial number...
Under the current rules, the statement of cash flows features both cash and cash equivalents, short-term stable liquid investments that can easily be converted into cash. However, the FASB is currently considering eliminating the second category, working purely with money, and reclassifying noncash transactions as different categories on the statement....
Introduction When entrepreneurs decide to engage in futures investments, they must remember that it is always a risky business. The initial cost of buying a contract always changes, so it is difficult to guess whether the purchase will be profitable or not, and will bring only losses. However, using a...
Audits serve as the basis for a financial and economic activity analysis which allows identifying the strengths and weaknesses of a business. Furthermore, the work of auditors allows making informed decisions and preventing administrative penalties. An audit can be compared to a medical examination or technical diagnostics of a car....
The yield curve is one of the most important concepts used by economists and fixed income analysts when it comes to analyzing bonds, getting a good grasp of conditions in the financial markets, and weeing out trading possibilities. It is basically the relationship expressed on a graph between the interest...
Introduction Marketing research always involves analysing a large amount of information because it should address a number of significant factors, including product characteristics, market conditions, and consumer behaviour. New methods of collecting and processing data enable more efficient design and verification of research hypotheses. According to Constantiou and Kallinikos (2015),...
Introduction This presentation provides the analysis of Canada’s politics in response to the outbreak of COVID-19. First of all, the review of this country as a fully-democratic state will be provided to introduce it. Second, the existing global trade agreements and newly-introduced measures will be discussed. Third, the presentation will...
Globalization supports the flow of raw materials, wastes, and pollutants from one region to another. A cycle characterized by international consumption and supply has emerged that triggers environmental degradation. People are destroying forests to provide wood, farmlands, and areas for building infrastructure. Climate change refers to a regional or global...
Business and entrepreneurship play an important role in the economy of the United States. American small, medium, and large corporations have the following ratios: 97–99%, above 1%, less than 0.1% respectively (Burns, 2016). The level of employment in large corporations in the United States exceeds 50 million people. Small (and...
In 2008, the US economy was on the brink of collapse, and huge banks, which seemed firm and stable, began to crumble. Two of the big five US investment banks Bear Sterns and Lehman Brothers declared themselves bankrupt (Erdem, 2020). Two mortgage giants Freddy Mac and Fanny Mae were urgently...
The upcoming negotiation process with Absentia Ltd. must not be equal or worse than Grouse’s offer. The latter company is offering of total present values equal to $17.5 to 19.5 million and the upfront $7.5 million in cash. Therefore, Grouse’s offer can be considered to be the best alternative to...
The dynamics of investment in the country’s economy is determined by the influence of a number of factors, among which one of the main is the change in the market interest rate. The Central Bank, acting on interest rates using monetary instruments, has the ability to stimulate or restrain investment...
Leasing is an alternative to purchasing an asset, which can be more beneficial for a business in terms of cost-efficiency. In general, there are five types of leasing agreements. The two that will be compared in this paper are – operating, financial, sale-and-leaseback, combination, and synthetic (Brigham & Ehrhardt, 2017)....
Introduction The minimum wage is the lowest amount of money for which employees can legally sell their labor. Minimum wage legislation was introduced in the USA in 1938, and in 2009, it was set at its current rate of $7.25 per hour (Congressional Budget Office, 2019). The proposal to increase...
Introduction The current market of trading cards is experiencing a significant rise as the annual revenues of those collecting them increase. Trading cards include small cards illustrating sports figures, game characters, or other renowned images that gain value with time. The trend of collecting cards emerged in the 1980-s as...
Economic globalization is an ongoing process that creates both opportunities for the growth of big cities with their corporations and problems for smaller businesses and citizens. Such an outcome is complemented by the emergence of the so-called centrality. This concept explains the prevalent role of cities in the matter and...
Measuring inflation is crucial for a country’s economic management and effective response to market changes. Many tools have been introduced to correctly and effectively measure inflation, yet the Consumer Price Index (CPI) remains the most widely used in many countries, including the USA. By “representing changes in prices of all...
A budget is an estimate of income and expenditure for a specific future time, usually compiled and revised on a periodic basis. Budgetary changes tend to occur often due to the necessity of strengthening some areas more than the other ones. Therefore, the article “Trump threatens to cut funding if...
The practice of exhibiting proactive social responsibility has become a trend among leading firms operating in the global arena. Corporate social responsibility (CSR) represents a set of actions taken by an organization in order to improve the overall social good beyond the direct interests of the company. Such actions have...
This paper investigates how the exchange rate (the rate at which one currency will be exchanged for another) changes depending on the country’s economic characteristics and various political, natural, and other events. The currency chosen for the work is the Canadian Dollar, the currency of Canada (CAD). According to the...
The labor market is a domain that has faced significant changes since the beginning of the twentieth century. The technological revolution, for instance, endangered a number of jobs that could be automatized in the near future and incorporated big data in the hiring process. Additionally, the dawn of the services...
The economy of any country is largely influenced by the banking sector due to the significant roles they play in the financial markets. The level of profitability and revenue margin of UK banks was greatly affected by recession that started towards the close of 2007. Due to the nature of...
Main Post Import and export are different economic processes that bind various states and cause their economic interdependence. Import is the purchase and delivery of goods, technologies, services, and other forms of capital from abroad for sale in the domestic market. Export, on the contrary, is the distribution of these...
Undoubtedly, to start and develop a business, people need to have specific financial resources. There are different ways to get them: for example, borrowing from a bank or cooperating with investors. Each of these methods has advantages and disadvantages, but both provide a right to exist. In particular, borrowing money...
Introduction Corporate Social Responsibility (CSR) denotes a firm’s practices that entail undertakings that benefit the surrounding community, for instance, offering a fraction of the business’ profits to charity, programs of environmental conservation and social welfare, and implementation of greener processes to mention a few. Currently, Corporate Social Responsibility acts as...
Expansionist fiscal policy is a series of government measures aimed at increasing aggregate demand. They involve cutting net taxes or increasing government purchases and may reduce the number of unemployed. According to the Keynesian theory, such actions should be taken only to overcome the economic recession and stabilize the country’s...
Retailing has evolved over the past century; the traditional model that was used in the 20th century has been replaced by the modern model. Retail shops have been shifted online and virtual stores have been created. Doug Stephens’s book The Retail Revival explores the shift from traditional retailing to modern...
Microeconomics plays a crucial role when it comes to decision-making activities held by the individual units in the economic sector that affect the particular markets. Different principles microeconomist put forward; however, some tenets are highly discussed these days when pandemics changed the entire economic system. The purpose of this paper...
Introduction This paper will cover the Real Estate industry in the United States. The Real Estate industry is part of the Real Estate and Rental and Leasing sector, which includes renting and leasing assets and services, such as cars, houses, computers, and other goods (NAICS, 1). The Real Estate subsector...
Introduction The Bank of America is on the verge of substantial changes, as during the 2007-2008 crisis, the organization made inadequate investments and acquisitions. The recent estimations show that the Bank lost almost $40 billion, which negatively affected the growth margins and caused loss of stakeholders’ trust. In this case,...
Capitalism brings wealth, and not everyone can reach it, but in socialism, there is no wealth. Both capitalism and socialism were major influencing socio-economic theories, which reached their peak of manifestation in the 20th century. Capitalism is a system where the concept of ownership and free markets is at its...
Buoyancy on the Bayou: Shrimpers Face the Rising Tide of Globalization by Jill Ann Harrison explores the effect of globalization on local worlds. In a series of interviews and insights into the life of Louisiana shrimp farmers, she explores how the introduction of low-cost shrimp, farm-grown in Thailand and China,...
The costs associated with production and business performance have forced many companies to engage in outsourcing. Asatiani et al. define the concept as the process of recruiting a third-party employee or service provider to complete various tasks or manufacture goods that can eventually be marketed by the identified company (41)....
Who is Paying Corporate Taxes and Who is Not The Tax Cuts and Jobs Act (TCJA) is a legislation that was passed by a Republican-controlled Congress and signed into law on December 22, 2017. It stemmed up from long-term lobbying by firms to decrease the federal corporate incomes which they...
Introduction Housing issues have assumed greater importance recently due to the increasing housing prices in the UK. Residential housing market in the UK has observed dramatic rise in prices between the 1990s and 2007. This led to a large increase in the equity for homeowners, and made homeownership too expensive....
Financial integration through trading and investing is usually mistaken to be the phenomenon of the 1990s. It has been developing long ago, and there are two distinct periods to be highlighted in the history of progressing globalization. To be specific, they are the time of European colonialism and the early...
The determination of the international pricing policy is essential for the management team of an enterprise that wants to develop its activities abroad and set a long-term vision for the new markets. Pricing, as part of marketing policy, has a direct impact on the dynamics of sales and profitability, a...
The processes of globalization and the unification of production potentials at the regional and world level from the middle of the 20th to the beginning of the 21st century influenced the intensity and evenness of the development of production and distribution of benefits, as well as related economic phenomena. An...
Introduction High inflation is considered a severe problem for many national economies, and there are several reasons for it. It takes place when the prices grow, and the purchasing power of money decreases. According to Sloman and Garratt (2013, p. 203), it is calculated as “the percentage increase in CPI...
Introduction The fossil fuels nowadays are the primary sources of energy for industrial, agricultural and community needs. More than 80% of the energy in the world comes from the fossil fuels (Cherian 36). Among them are natural gas, oil, coal and in some cases wood. They are very convenient because...
The rapid development of the Internet and IT spurred new business models based on social commerce that is mediated by social media. Various community platforms and social networks create a space for people who are willing to share their resources, whereas the advancement of smartphones and e-commerce enabled its wide...
Introduction Since last year, the world has been going through an economic recession and this has led to a financial crisis around the globe. This has also led to many companies collapsing and hence it has had a direct impact on the workers. This is because many workers have had...
Introduction Trade liberalization presents major opportunities, especially to developing nations. New policies put in place to allow global trade have helped create and sustain global economic growth. Living standards have gone up substantially as a result of job creation and exposure to different cultures. Products from different nations have bigger...
Introduction Budgeting is a crucial practice that helps to achieve goals through the efficient use of money. Planning budgets can be beneficial both on corporate and family levels. Family budgeting is crucial for improving financial well-being. First, budgeting helps to distribute family income to achieve satisfactory living. Second, budgeting helps...
What Is Discretionary Fiscal Policy? The fiscal policy itself deals with government spendings and tax levels to manage the country’s economy and can be of several types. Discretionary fiscal policy is the policy where the government itself changes the tax rates and its’ spendings according to a specific goal. These...
Literature Review The topic of house pricing is very well researched. The housing market is often associated with large cash flows which make sellers and advertisers research the reasons and factors that affect the price of houses and apartments. Beijing as a capital city with a huge market for real...
One of the major causes and simultaneously consequences of modern globalization has been free trade. Free trade has become critical in globalized world by expanding diversity of not just goods, but technology and workforce. However, the issue remains controversial, despite evident economic benefits, the public of developed countries may feel...
The fact that lower interest rates increased the number of potential customers for real estate in the early 2000s shows that housing prices should have increased substantially. Based on market supply and demand theory, a reduced cost would attract an incredible number of consumers and engage them in mortgages irrespective...
Introduction The 1930s were characterized by a global economic crisis that is known as the Great Depression. It is generally thought to have begun in 1929, with the dates Black Thursday and Black Tuesday, which mean October 24 and 29 of that year, respectively, standing out. Market stocks crashed significantly...
Introduction The Federal Reserve Bank of Minneapolis (2010) argues that “the United States is in the midst of an affordable housing shortage or even worse, an affordable housing crisis”. The biggest concern now for the country is the fact that the majority of the people are living in unaffordable houses,...
The modern business environment is mainly focused on increasing profits and raising gains from trade. These entrepreneurship’s primary goals are not easily achievable; consequently, there is an impressive number of instances of unethical practices among business owners. Being blinded by the high profits, the entrepreneurs commit immoral acts and do...
Over decades, governments have been funding sports projects for they term them as ‘economic development’ projects. Sports projects require a great deal of funds, yet revenues that they generate are meager. Some economic experts assert that sports projects do not create significant job opportunities or considerable economic activities, which boost...
The energy boom that marked the beginning the new millennium in global markets has brought about a series of considerable shifts in economic policies of the countries with abundant natural resources, subjecting some of them to so-called Dutch Disease – the phenomenon, which occurs when strengthening of the currency, caused...
Marginal revenue is defined as the change in revenue influenced by a change in the quantity sold (McConnell & Brue, 2012). As discussed by McConnell & Brue (2012), the marginal revenue curve just like the demand curve is affected by factors like change in income, change in prices of substitutes...
The policy of minimum wage is a law that sets the lowest amount of money employers should pay their employees. It is intended to help people, who are paid extremely low wages to get self-sufficiency. Although this policy surely has some arguments against it, overwhelmingly it is considered to be...
Project’s overall aims and objectives The combination of major economic shocks and the unprecedented global policy response to the banking crisis has generated exceptional uncertainties for households, businesses and governments across the world, and therefore economic forecast. Forecasts made at times when economies are reaching cyclical peaks or troughs typically...
The issues of globalism and nationalism are essential for modern society. Multiple researchers of globalization focus on examining its products, phenomena, and the actual processes in which globalization is manifested. They barely touch upon and illuminate the essential question about its real sources and driving forces (Steger 21). This especially...
This report looks at the general performance of the Shanghai Stock Exchange to try and come up with the reasons behind the successes of this Stock market in the past three to four years. Founded on Nov. 26th, 1990, and starting operation on Dec.19th the same year the Shanghai Stock...
Introduction Venture business – investing, as a rule, in the form of equity capital, in fast-growing enterprises that demonstrate the potential, is one of the primary ways of implementing technological innovations. This type of entrepreneurship is a small extent, characteristic of the commercialization to research results in high-tech areas where...
Anti dumping action differs from safe guard action in the sense that, a variety of a method is obtainable in the determination of dumped goods. This can involve the inspection of the cost of the goods in the manufacturer’s domestic market. If it is not possible to access through this...
Introduction Investment appraisal is very crucial before making commitment to huge capital investment. The appraisal process is characterized by two major activities. The first one is the assessment of the level of expected return accruing from the expenses incurred. The second one entails the estimates of future costs and benefits...
Introduction Wachovia bank, which is now a part of Wells Fargo bank, was regarded as the fourth-largest bank holding company in the USA, the financial system of which was based on total assets. The merger with Wells Fargo Bank was stimulated by loan crisis events of the years 2007-2009. Therefore,...
The value of the currency will decrease slightly in the future, however, it will not have any negative impact on the domestic economy in a long-term perspective. The soft drinks in the country can be more expensive compared to American prices; it does not mean anything as there are a...
Abstract This paper discusses the various budgeting models namely the traditional budgeting model, the zero based budgeting model and the activity based budgeting model. The paper discusses the advantages and disadvantages of each model, and gives a suggestion on the business environment under which each model would be most appropriate....
Introduction Globalization is an integral part of modern world development, which has an impact on all spheres of people’s life. However, this process affects states differently as some of them receive profit and benefit from it, while others only aggravate their crisis and become dependent on global players. Honduras belongs...
It is a universal true that modern people cannot exist without buying. Almost every day every person goes shopping. We may buy food, clothes, pets, TVs, books, furniture, cars, houses, and many other things we need for our every day life. And there is no difference between Americans and other...
Financial plans are long-range road-maps aimed at increasing return on investment, market share, and dealing with foreseeable problems. A financial plan is basic to risk management. Financial plans are prepared in order to establish a viable risk management strategy (Hisrich, Peters and Shepherd, 2013, p. 21). The preparation of financial...
Introduction America is projected to be in the same economic situation as Greece because of its budget that is mainly financed by the deficit. Not only are they financed by debts but also they show weakness in the ability to repair the loans. America takes this likeness from the fact...
The paper discusses the working and effects of Renminbi in the economy of Hong Kong. It has the parts of introduction, positives effects of Renminbi on the economy of Hong Kong, negative effects of Renminbi on its economy, conclusive summary the list of material used as reference for this paper....
Introduction Choosing the right career is a difficult task for any student. While in high school students are given enough lectures and advices to be able to choose the right career. Many dream of becoming doctors, pilots, and engineers but all people cannot fit in these three careers. The parent’s...
Introduction The global militancy connected with the modern jihadist ideology and the ensuing instability in the Middle East pose a great threat. Not only the surrounding regions but also the United States, Europe, and the whole world are exposed to danger. The dramatic rise of the Islamic State (IS) is...
Back-to-School Initiative The Australian government has taken the initiative to promote the back-to-school program although there seems to be no direct evidence that this program has led to the increase in the number of students enrolling in schools. The government started a four-year stimulus plan of up to sixteen billion...
Exploration of Stadiums and Arenas Coates (2007) evaluated literature to retrieve the effects of proficient sports’ teams as well as stadiums to the people residing in the surrounding areas. The research indicated that this aspect had been addressed by copious academic and hired investigators. Essentially, the researcher addresses the problems...
Introduction Efficiency in communication is not a big deal while taking into account the main definition of economics as concerning relationships between an individual and a group. In this respect, one should bear in mind the fact that prisoners’ dilemma is one of the milestones in this case. The thing...
Many citizens of the United States of America are not satisfied with their hourly incomes. Hence, the population wants its government to raise the minimum wages in the country in order to reduce poverty. Increasing the minimum wage should help some works, and it will help stimulate the economy overall...
Introduction The Japanese attack on Pearl Harbor in December of 1941 can be analyzed from the perspective of the economic interdependence theory because this conflict was evidently triggered by the unrealized expectations of Japan regarding the development of trade relations with the United States in the Asian Pacific region. The...
Barclays Bank PLC, headquartered in London, has been operational for over 300 years in the United Kingdom (Barclays, 2011). In the UK market it offers several products and services that are grouped into four major categories; personal and premier banking, corporate and business banking, investment banking and wealth management (Barclays,...
Introduction Poor wage growth has been observed over the last few years even for those employees who have an advanced or bachelor’s degree. Real hourly wages have decreased drastically in 2013-2014 for works across many spectrums with rather few exceptions. Wage stagnation is not a new story for the U.S....
Introduction For any country wishing to undertake business activities across, borders, understanding culture is crucial. For international companies to be successful, in a global society they must adapt to, relate to, and understand the culture of the countries where they conduct business. Discussion Culture can be said to be the...
Executive summary Government spending is a significant determinant of economic development. It greatly affects the direction and speed of the economic development of the country. The main source of funds for the expenditure is taxes. Government spending ensures the provision of essential services while addressing gaps in the market, the...
Globalization is an incredibly complex phenomenon, all aspects of which are not fully understood. Politics, economies, and cultures are all affected by the process of globalization. While some might view it positively and believe that globalization leads to a greater cultural and economic integration which benefits the world as a...
Introduction The stock market is characterized by a lot of problems. These problems range from the fraudulent activities of the players in this sector to the running of other fraudulent financial schemes under the cover of stock market activities. The essay explores the involvement of Bernard Madoff in the Ponzi...
Introduction There has been an exponentially increasing presence of the Chinese in Africa. Today, most African countries can ‘boast’ a form of contact or the other with the Chinese. What is China doing in Africa? What does she want? Do the African people stand to gain from this relationship? What...
Introduction China, a middle Asia country, had dominated the American tire market until year 2009 when an agreement was ratified to surge the inflow of the tires in the market. The two countries had a bilateral agreement. The situation was that the Chinese tires could be imported into American market...
Differentiating between Coincident and Leading Indicators Coincident indicators are economic factors that show direct, concurrent variations to the prevailing economic trends. These variations occur simultaneously and provide important information regarding the economic status of a business. Personal income and employment in formal sectors are some examples of coincident indicators. Leading...
Globalization has created international markets for organizations. Consequently, businesses have to tackle ethical, social and cultural issues in new markets and cross-cultural settings. Thus, managers must recognize that the approach of managing a domestic firm differs from that of managing a global business. Managers must know countries vary in terms...
A research study conducted by Gratton, Shibli, and Coleman (2005) evaluated the social and economic relevance of sporting events and the appropriateness of related investments. These researchers hypothesized that the aim of the sporting investments seen within cities for the last twenty years was not directed towards the prowess of...
Introduction International Trade is a very integral part of the world economy, many countries proper because of the international trade, fair trade comes under international trade and more light will be thrown upon the same in this paper. Fair trade is a practice which is predominant in developing countries; developing...
Introduction Looking at the process of globalization maintained and developing in the world practice and in the international relationships one can point out the significance of financial and economic growth for countries using some regulative organization. GATT and then WTO is the organization for the provision of highly considered and...
Introduction In today’s world, one cannot be able to separate history, economics, and the science of politics. Politics in today’s world controls the economy. Thus, when recorded in a correct and accurate way, the control of the economy is what can be termed as history. This, therefore, shows a core...
Characteristics of a competitive market According to Tucker (2008), a competitive market has unlimited buyers and sellers of goods and services. In other words, the demand for goods and services by consumers is infinite and at the same time, producers have the liberty to supply goods and services to the...
Dear 1987 Black Monday Black Monday occurred on the 19th day of October 1987, and it greatly affected the stock market. It came to an end on Tuesday 20th with the government’s intervention. Before opening the financial market the Federal Reserve issued a short statement that said it would intervene...
Statement of the topic ‘Raw materials’ and ‘energy’ are two factors that I would like to explore in Shanghai during my visit to China. The subject of raw materials is relevant to be because of the problems I am facing in my business in the context of raw materials while...
Abstract Currently, there have been talks about economic growth and trade. As well, there has been the issue of economic growth and environmental conservation which has become a global issue. This means that there should be a way of addressing this global issue while at the very time encouraging global...
Introduction The phrase ‘subprime mortgage crisis’ became common in 2007. It describes the decline in the performance of the United States of America mortgage market (Tong & Wei, 2008, p. 3). The 2007 subprime mortgage crisis is described as the most terrible financial crisis to have occurred since the previous...
Introduction Investment is a term used by different people to mean different things but on the financial aspect is the act of acquiring or purchasing a product that has value with the aim of getting profits or returns in future. Investment can take different aspects, for instance, the financial aspect...
Arguments that white lenders use to defend their approach To begin with the first reason that the white lenders use to defend their approach towards minority lending is the fact that lending institutions operate under certain rules which demands that a particular bank maintain a certain amount of equity reserves....
Unemployment is one of the greatest social evils in our society today. This is because of the unfriendly impacts it has on the economy. Unemployment brings about poverty and hopelessness among individuals in society. In addition, weird behavior is also encouraged by this phenomenon. For instance, stealing and robbery cases...
Siegfried and Zimbalist (2012) evaluated the renovations and constructions of 46 major league stadiums as well as arenas within the United States from the year 1990 to 1998. In addition, there were forty-nine sporting facilities preparing for or undergoing construction. This increasing number of sporting facilities was coherent with the...
Adam Smith is known as the patriarch of economics because his ideas have been widely used and adapted over the centuries. His concepts introduce a philosophical vision of economic functioning and regulations, including the division of labor. Meanwhile, Marx supplements Smith’s view on labor but considers it as estranged, which...
There have been various controversial issues regarding the sources of funds for stadium development. Researchers have evaluated these structural appearances of the stadiums in economic and political dimension (Gratton, Shibli, & Coleman, 2005). Some researchers argue that stadiums’ developments are private issues and should be constructed as public resources through...
Many definitions have been advanced by numerous scholars in trying to give the most fitting meaning of safeguard action. However, for the purposes of this writing, we are going to adopt the much reverenced definition of the Australian government (2001) which simply says safeguard action is an emergency action that...
Introduction Globalization is by no means a modern phenomenon closely connected with the geographical structure of the world and location of a particular country. From ancient times countries have never lived in isolation. In the West, Ancient Rome was responsible for control and economic integration of the adjacent countries. And...
Introduction Ethiopia, or officially the Federal Democratic Republic of Ethiopia, is one of the poorest countries in the world. The country’s national poverty level is around 44% with most of the Ethiopians surviving on U.S. $1 a day (Gupta, Clemens, and Inchauste 353). The economy of the country is considered...
Introduction Entrepreneurship is defined as the practice of starting a new business venture or renewing an already existing business based on new opportunities and ideas. It entails taking risks, being resourceful and venturing into the unknown business fields. This makes it to be associated with uncertainty (Shukla, 2009, para.2).An entrepreneur...
Introduction NFL lockout may be regarded as one of the most prominent economic events in the world of sports in 2011. The reasons for the lockout are analyzed from various perspectives, and the economic consequences of these events are serious enough. The economic theory that may be applied for the...
While studying various instruments of decolonization of the global South, I have learned about the debt regime which occurred in the Third World countries, described in Philip McMichael’s Development and Social Change. Many countries suffered from debt crisis in 1980s. It happened when they realized that they are not able...
This is a research paper on market power which is a part of managerial economy. It starts with defining the topic and area of research, later getting into the path for recognition of different aspects and scopes of the topic. The major ideologies linked with market power are stated and...
With the ongoing globalization process, the joint venture has become an essential expansion strategy in the world. Businesses and firms have opted to use joint ventures in order to maximize their production capacity and their profitability level. Basically, the joint venture is a special expansion strategy where a firm makes...
Introduction Over the past years, International Business Transactions have continued to grow as a result of the rapid expansion in technology. International business transaction is basically trade that is carried out among nations in order to expand and diversify their source of sales and obtain more resources. These business transactions...
Introduction Globalization is a process of world wide connectivity through which the regional economies, societies and ways of life are joined together through trade and communications. It is the joining together of the local societies to the international community through the processes of trade, migrations, transportation and communication, business ventures...
Introduction In recent times, it has been found that corporations are enjoying too much power and with power, there are several vital problems associated. It appears that they almost enjoy the power of running a parallel government, like corporate espionage. There are several instances of issues related to ethical, environmental,...
The human resource department is a very important section in an organization as it enables the organizations top management to conduct its functions perfectly with little amount of shortcomings being reported, this is because the top management uses these department to recruit qualified professionals who will perform their tasks without...
Introduction The success or failure of the enterprise depends largely on its interactions with the customers. The interactions with the customers determine the kind of enterprise which will be operated, the type of policies and strategy to be formulated to serve as guidelines; provides the organization market for its products;...
Introduction Although corruption is widespread in most countries of the world, nonetheless, the level of corruption in some of the countries is extremely high in comparison with others. In the majority of public institutions, corruption is widespread due to bureaucracy and politics (Osipian, n.d, p.35). According to the World Bank...
Introduction Evaluation of a country’s natural resources is paramount in determining the country’s rate of economic growth. Considering the fact that countries have got different quantities and quality of resources, various countries consider trading with other countries in an effort to optimize their rate of economic growth (Suranovic, 2009, p.1)....
Introduction Economic recession can be defined as a prolonged decline in economic sector in a given country. In other words general business field in a country is affected. It is normally characterized by low productivity and investments as well as big percentage of unemployment. It is when gross domestic product...
Tax can be referred to as a fee that the government levies on activities, products or even incomes. It can either be levied directly on corporate as well as personal incomes or be indirectly levied on services offered or price of goods sold, with the incentive of financing of the...
Introduction Trade balance refers to an ideal situation where a country’s imports and export are equal. In real life situations, it is difficult to attain this balance, resulting into either a deficit or a surplus. In cases where a country’s imports are higher than its exports, a situation of trade...
Executive Summary China’s economic potential has been a source of attraction to companies in various countries, notably Australia. Various Australian companies have ventured in China market. Among these include BlueScope Still in the manufacturing industry, Elders Livestock in the agricultural sector, and Australia and New Zealand Banking Group Limited (ANZ)...
Executive Summary The UAE and other Middle Eastern countries pose a great market for real estate investments (Walker, 2009). The UAE’s political, economic, and social environment is also suitable for foreign investment. However, the company is bound to experience competitive challenges from real estate multinationals and agents because they constitute...
Introduction The market economy created a new system of production that not only increased the efficiency with which people created goods, but also heightened their quantity. It improved the quality of life of the general population because people could access conveniences that were inconceivable before the 19th Century. Groups of...
Introduction First Solar, Inc. was established in 1999 by the First Solar Company. First Solar Inc. manufactures solar equipment and supplies solar energy. The company makes its solar modules using a thin-film semiconductor in a new CdTe technology. First Solar Inc. has its headquarters in Arizona Unite states; operates in...
This article is about the major challenges that face Long Island and the various issues that accompany these challenges. The author of the article is Martin R. Cantor a director at the Long Island Economic and Social Policy Institute at Dowling College. The article focuses on transport, taxation, education, poverty,...
Introduction The economy of the United States has experienced great turmoil following the global economic crisis of 2007-2010 periods. The crisis started in the united state and it spread to the rest of the world. The US economy suffered a lot and some of its financial institutions collapsed. Although the...
Introduction Movies are generally for entertainment a reason why any none entertaining movies are less sold. The movie Wall Street, in addition to being entertaining, conveys economic lessons as a moral of the storyline that enlightens those who understand the business of financial trade. Although the movie was made in...
Introduction Technological development has led to major changes in the lifestyle of the world population. This has had a profound impact on economic and social life. This paper seeks to establish the global and regional trends of urbanization, development, and inequality, based on data findings. Analysis According to the findings,...
Based on studies carried out on the Australian Mobile market; it has been conclusive that ‘mobile data services’ have had an effect and increasing significance, as the returns from ‘voice calling’ are declining and at the same time trends show that mobile communication use is likely to advance. About the...
Introduction The need for cooperation between India and Canada was first raised at the dawn of 2005. The two needed to cooperate in the areas of trade and economy. In addition to these, the two countries’ prime ministers met to address the issue of the prevailing challenges facing the two...
These days financial intermediaries are quite widespread because people prefer using them instead of entering financial markets directly. A commercial bank is a typical example of a financial intermediary, though not the only one. Among others are pension funds, loan associations, numerous insurance companies, mutual funds, and credit unions. Financial...
Introduction The Global Integrated Enterprise is indeed a recent development emanating from the evolution phase that the Multinational Corporations (MNCs) have gone through. It is also imperative to note that the process of globalization has been necessitated by MNCs as the primary catalyst. Hence, MNCs are better acknowledged as global...
