The British Economy: England, Wales, Northern Ireland and Scotland

The fifth largest Economy in the world is the Economy of the United Kingdom also known as the British Economy and this is on the basis of the market exchange rates; in terms of purchasing power parity it is sixth largest in the world. In Europe it is the second...

Consumer Behavior and Prediction of Marketing Treads

Consumer behavior has a great impact on the marketing strategy and marketing mix developed by a company. Critics and researchers in consumer behavior (Schiffman and Kanuk 2003) are greatly concerned with the antecedents, activities, and outcomes of consumer actions. They have investigated the purchasing procedure, buying decisions, and consumption situations....

Taxation and Income Redistribution: Opposition Evaluation

Taxation refers to the methods of tax deduction in a country and the United States of America have a complex system of taxation with four different levels of tax collection. Income redistribution involves the transfer of wealth from one person to another. Uneven distribution of the amount of income earned...

Current Economic Recession for USA

Introduction The economic crisis has been defined by the Committee of the National Bureau of Economic Research as a significant decline in economic activity which cuts across the whole economy and lasting more than a few months. This decline is seen in economic indicators like employment, production, and real income...

Gross Domestic Product Rise and Rise in the Well-Being of All People in That Nation

Gross Domestic Product Gross domestic product means the gross market value of goods and services produced in a country during a particular year. It is one of the economic subjects. The GDP is calculated on the basis of adding export value with the consumer, investment, and government expenses and deduct...

Globalization and Its Impact on Firms

Introduction The term globalization emerged as an offshoot of the high-technology tools that have sprung these past decades – computers, the internet, Information Technology. We can connect and conduct business with the rest of the world so easily. With just a computer with an internet connection, indefinite access can be...

Environment: Rapid Increasing in Industrialization and Globalization

Introduction The rapid increasing in industrialization and globalization is changing the face of the modern world. Rapid industrial development, once seen only in Europe, USA, and certain other parts of the world has now spread to many developing economies as well. One of the main reasons for this change of...

Credit Life and Credit Disability Insurance

Credit insurance and credit disability insurance are services provided by several insurance companies. For instance, union security life insurance Company which is a member of assurant group (Lamb, 360). The credit insurance clients underwriting is done through several investments programs. Moreover, the company has a corporate office in Irving, Texas...

National Income: Concept, Measurement, National Income and Social Welfare

It is the total monetary value of all products (goods and services), a nation or country produces within a specified period of time, usually a year. This monetary value is represented by profits, wages, and rents among others received by the Nation’s residents (Parkin et al 2000). This income represents...

International Gold Standard in 1880-1914

Introduction Centralized economic and monetary discussions were not common in the nineteenth century. Therefore, it is not easy to document the origins of the gold standard. During this period, there was a general acceptance that currencies should have a metallic content. However, the agreement did not entail a consensus on...

Democratic Capitalism and Morality in America

The problem of the level of the salary in the modern world remains core in the economics in the condition of the free market. Considering the situation, when a famous movie star can earn as much as 60 million for a few weeks work, and a grade school teacher in...

Monetary and Fiscal Policies in the UK

Introduction Fiscal and monetary policies in every country are the two major tools to sustain macroeconomic stability and to ensure the functioning of the state. These two policies differ and use different inventory; however, their interconnectedness and hence the necessity to carefully interrelate them has been proven long ago, thus...

Venture Capital and Used Book Store Business

The best solution for the used book store business is venture capital. There are many determining issues when attracting venture capital. First, there tend to be long-term and large-scale practices and business activities, and these activities should be better handled by an independent company like a used book store business....

The Brief Introduction of Balance of Payments

The definition of Balance of Payments The term Balance of Payments (BOP) is used in referring to the methods that countries adopt in monitoring their global monetary transactions that have taken place during a given period. Normally the BOP is calculated once every three months and once in each calendar...

Homeless War Veterans in America

Introduction Many of the citizens of this great country have served this country in times of war. However, the kind of treatment they get afterwards is worrying as many of them suffer in the hands of hopelessness for them to look for better places to stay. This situation has caused...

Macro Forces Impact on National Trends

Over the last few decades, there has been a rapid transformation of the global economy whereby business firms have been forced to compete at a global level in order to survive. The global trends have been very influential in the development of the global economies, the major beneficiaries being the...

Obama’s Stimulus Plan of 2009

Outline The economic stimulus plan as introduced by President Obama is expected to have a budget provision of up to one trillion dollars. It will primarily be directed towards the creation of more jobs and for the installation of infrastructure, which are the two essential requisites for rapid economic development....

The GAIN Program in the Los Angeles County

Introduction Los Angeles County is part of the state of California, which has the highest Gross Domestic Product within the United States economy. Yet, economical data show that unemployment and poverty are the most pressing social problems in Los Angeles County. (U.S. Census Bureau, 2001). In 1988 the Los Angeles...

Return and Risk in Socially Responsible Investment

The article chosen for the critique is titled, ‘The Stocks at Stake: Return and Risk in Socially Responsible Investment’, and is authored by Galema, et.al (2008). They begin with an introduction to what socially responsible investment or SRI is, and informs the reader that 10% of the US investments are...

The Boston Matrix Model by Bruce Henderson

Introduction The Boston Matrix model was developed by Bruce Henderson in 1970. This model aims to evaluate the position of the company on the market and allocate resources of the organization. In spite of opportunities proposed by this model, there are some authors who criticize it for simplicity and lack...

The Merits of the Euro as a Single European Currency

Introduction Some countries like China believe that to make the economy smooth and more usable the most desirable approach would be the implementation of a single world currency. At present, the Euro acts as a common single currency for Europe and it is supposed to be the most desirable currency...

Exchange Control and the Asian Financial Crisis

The impact of globalization is felt all over the world. Sometimes the effect of globalization forces can be dramatic and sometimes subtle. While globalization can be very difficult to track and study there are tools that can help an economist to get an idea of what is happening when it...

Real Assets Role in Multi-Asset Portfolio

Introduction Real estate is a common lawful term used to include land together with anything permanently attached to it (Brown & Matysiak 2000). The attachments may include assets such as buildings or any other thing that is fixed in location. Real estates till now maintains a quite high share of...

Modigliani & Miller’s Finance Propositions

Introduction The theory presented here by the work of Modigliani and Miller has been one of the defining works of modern finance and can be said to be the foundation of much of the subsequent work that has been done in the field. The whole study can be looked at...

Foreign Direct Investment by Multinational Corporations and Impact on Development

Introduction The presence of multinational corporations in developing countries has been viewed both as an advantage and disadvantage. The resulting resource gap in countries in the global south may be viewed as a need to increase the possibility for more foreign investment. In addition, these corporations are looking for locations...

Consumer Purchasing Behavior Impact on the Formulation of a Marketing Plan

Introduction The consumer’s behavior analysis is a marketing action that deals with the decision-making process of a buyer and argues to generate a framework of his choice including the factors that influence mental and social processes. The theories of consumer’s behavior address, why a buyer would choose a particular product...

Culture Variables in International Business

Introduction As defined by Muhlbacher, Helmuth & Dahringer (2006:14) international business refers to all business transactions and trading relations that exist either between two countries or among multiple countries. It involves exchanges of good and services between or among countries within an established set up of both legal and international...

International Markets: Term Definition

Introduction Types of financial institutions The international financial structure has undergone rampant development in the recent past. There has been emergence of different alternative types of financial structures. These are categorised into two main groups which include the banks and non-bank financial institutions. Non bank financial institutions consist of firms...

Silk Road Significance in Promoting Cultural Exchanges

Significance of the Silk Road in promoting economic, cultural, intellectual and religious exchanges and integration since the first century BCE The Silk Road was the most important trade route since the first century BCE. The Silk Road refers to a trade route that links China, Persia, Central Asia, Western Asia...

Program Audit and Evaluation: A Theory

Abstract The human society has always tried to find ways to control its activities and be sure about the proper ways in which resources are used. The most adequate ways that have been found to this day include the procedures of program evaluation and audit. Being the processes of monitoring...

Global Business Ethics: Ethical and Unethical Behaviors in Various Regions of the World

Introduction The video under analysis in the current paper is developed by the Prentice Hall, Inc. for the purposes of education and management qualification development in regards to business ethics principles observed across the cultures and countries in the modern globalized world. The overall purpose of the work is to...

Housing Market Impact on the Stock Market

Introduction The current global financial crisis has led to an increasing number of market and financial analysts studying the relationship between the housing markets on the one hand, and the prices of stocks, on the other hand. When the housing market slowed down, there was also a corresponding decline in...

Economic Development: Australia’s Economic Situation

To begin with, the world economy is often collapsed by crisis. It is known that many economists tend to increase the local economies then to provide a strict policy in supporting other countries. It concerns mainly well-developed countries with highly intensified economies. Australia is no exception in this case. Its...

Case Study Investments Reasons and Principle

The proposed answer for Bill and Ann is to refuse the offer. Taking the aspect of profitability of the venture, it can be said that, comparing the numbers for the stores in Adelaide and the possible revenues for the store in a shopping centre, with much worse characteristics, the comparison...

Business and Economics: Monopolist, the Demand Curve

There are various different market structures that operate in different settings; mainly, these structures are divided into four: perfect competition, monopolistic competition, monopoly, and oligopoly. Monopoly and perfect competition are two extremes, with monopolistic competition and oligopoly being somewhere in the middle. Monopolistic competition has a unique setting and structure;...

Municipal Purchasing Guidelines for Disadvantaged Businesses Nature of the Program

Nature of the Program The mandate for municipal purchasing to give windows of opportunity to small business, women-owned and minority-owned enterprises stems from federal guidelines. Organizationally, the Office of Government Contracting (GC) of the Small Business Administration (SBA) advocates the interests of small, disadvantaged, and woman-owned businesses. The goal is...

Trade Unions in France and Spain

Introduction The field of industrial relations deals with the relationships between workers, more often groups of workers, and the management of an organization. This is why union systems are integral and one of the most important issues connected with the industrial relations. Union system may be characterized by numerous trade...

Economic Tools and Concepts: Health Care Industry

An economic tool refers to methods that are utilized by economists in the analysis of various issues. Such tools include the demand and supply curves which are used to illustrate various concepts such as elasticity and conduction of marginal analysis. In the health care industry, there is a wide range...

Home Loans: The Issues of the Home Loans

Introduction To begin with, it should be stated that the issues of home loans are among the most troublesome matters in the realty trade. Originally, numerous additional issues arise if the fact of a home loan appears. Thus, the paper is aimed to regard several most widely spread troubles and...

Global Finance Control: International Monetary Fund

The International Monetary Fund (IMF) is an institute of 186 states, functioning to promote international financial support, protected monetary firmness, smooth the progress of global trade, endorse high employment and maintainable financial expansion, and decrease scarcity around the globe (Barbara 2003). So from this definition, it is palpable that International...

Short-Term Price Fixation Under Competition

In a perfectly competitive market condition, because of the presence of a large number of buyers and sellers, there is no rivalry existing among them. Since no seller or buyer is able to dominate market price under perfect competition is determined by the operation of demand and supply. Therefore, the...

Survival of Minority Ethnic Groups in Globalization

Globalization signifies escalating global connectivity, incorporation, and interdependence in the economic, cultural, technological, social, ecological, and political orbs. Globalization has an assortment of characteristics, which influence the world in numerous dissimilar ways. The various forms of Globalization are as such, Industrial Globalization, pseudonym Trans-nationalization is surfacing of worldwide manufacture markets...

The Effect of Maquiladoras on US Economy

Mexico’s Maquiladora program has been a key feature of the US and Mexico economic relations. In 1964 when the US terminated the Bracero Program (The Bracero Program was a U.S. program that allowed Mexican agricultural workers to enter the US for temporary employment during World War II. This was designed...

Australian Economy: Economic Problems and Ways of Its Solving

The Australian economy is considered to be referred to as the prosperous one in accordance with its mining, agricultural and service sectors. The overview of Australian economy has shown that this country is one of the most profitable on the international market with its GDP of $889 billion. The history...

Changes in Stock Prices and Market Fluctuations

Introduction The changes in the stock prices are originally caused by numerous factors and may cause essential changes in the marketing strategies and the approaches towards business activity. The aim of the paper is to analyze the reasons and consequences of the stock price changes. The fact is that, these...

Global Supply Chain in a Time of Economic Crisis

This paper is a critique of the article about “Managing the global supply chain in a time of economic crisis” by Paul Laudicina who happens to be a senior principal with the global consulting firm, AT Kearney. The article is his keynote address at a meeting of global business leaders...

US Economic Recession Impact

Introduction The world economy is under the grip of recession. Stock markets show great fluctuations day by day. Recession and the stock market have been the main topics dominating the newspapers since December 2007. Researchers are engaged in discussion about the causes of the recession. As it prolongs, the recession...

The Impact of Financial Liberalisation on the Economy

Introduction A stable, effective and efficient financial system is very crucial and plays a great role on a country’s economic growth. Governments must always ensure that their financial sector is well and functioning properly in order to enjoy and maintain economic prosperity. The sector interacts dynamically with other key sectors...

How Financial Crisis Affected Supply Chain Organization?

Executive summary The objective of this research study was to assess how the current global financial crisis has had an impact on planning activities in the supply chain and contract management of four selected supply chain organizations in Edmonton, Alberta, Canada: ATCO, SYSCO, Wal-Mart, and GFS. In order to facilitate...

Economic Crisis and Inequality

Low-wage workers have to face a wide range of difficulties; the greatest of them is the fear of losing their jobs. This sphere is characterized by constant turnover of the personnel, thus every employee feels uncertain about his or her position in the company. In her book Nickel and Dimed,...

Are MNCs Responsible for Poverty and Violence in Developing Nations?

While multinational corporations (MNCs) play a big role in the development of economies in developing countries, evidence supports that they are responsible for much of the poverty and violence in some developing countries they operate in. Multinational Corporation is a term that is used to refer to the companies that...

Portfolio Theory and Wise Investments

Portfolio theory is an investments theory that seeks to explain how investors can minimize investment risks while at the same time maximizing returns on their investments (Elton, 2007, Markowitz, 1952). Under the same concept fund managers have a chance to make rational decisions to prevent them from running their organisations...

Influences Affecting Foreign Exchange Rates

Exchange rates are influenced by wide ranging economic factors which differ in importance attached to them from one country to another over time. The exchange values for various currencies fluctuate on daily basis or even more frequently according to Smith (2009). Money like any other commodity in the market is...

Crisis in American Institutions: Privatizing America

Subsidizing Tobacco The United States government resorts to subsidizing the tobacco producers as the means of developing the country’s agricultural sector of economy (Skolnick and Currie, 2007, p. 58). The major programs and initiatives taken by the government to assist tobacco producers in their work include, according to Farm Subsidy...

Full Labor Market Equilibrium Characteristics

Introduction The labor market is constantly moving. As in every other market, the constant interaction of demand and supply influences the determining of various factors like the employment rate, the minimum wage, the wages according to categories, etc. Modern economy In the modern type economy there exist certain pillars on...

Economic Situation in Rwanda

In this paper, we are going to discuss the economic situation in such a developing country as Rwanda. In particular, it is necessary to carry out growth diagnostics and propose the strategies, which may help to overcome the difficulties that this state currently faces. In this work, we rely on...

“Globalization, Poverty and Inequality” by Kaplinsky

Professor Raphael Malcolm Kaplinsky is a member of the Faculty of Mathematics, Computing and Technology at The Open University, Walton Hall, Milton Keynes. Born on 31 December 1946, he is the author of a number of books and research papers on the subject of technology, industrialization, and globalization. These incorporate...

World Trade Organisation in the Modern Global Economy

Acknowledgments This report would not have been made possible without the kind assistance of university librarians who assisted me in tracking down the correct books and articles needed for data collection. Moreover, the bulk of the research was done online particularly when it comes to accessing the Internet to retrieve...

India’s Economy: The 1991 Reforms and Caste System

Introduction The Indian economic system is unique because of an interaction of social and political factors that have occurred there. The 1991 reforms, as well as the caste system, are key factors in understanding India’s economy and they shall be examined below. How the economic policies of the Indian government...

Government Bailouts of Private Sector Firms

Introduction The main aspects that have crippled the economy have been the subprime mortgage loan crisis which eroded the credibility and capital base of many large financial and lending institutions. Many firms like Lehman Brothers went into liquidation and some companies like Goldman Sach and Morgan Stanley were bailed out...

International Trade Debate: Discussion of Nuances

International Trade The development of the modern human society is associated with the processes of globalization and trade liberalization (Mankiw, 2004). Although widely claimed to be positive, integrative processes, both globalization and liberalization of international trade affect the economies of developing countries negatively making the poor even poorer and giving...

Political Science. Naomi Klein’s “Don’t Fence Us In”

The article by Naomi Klein “Don’t Fence Us In” responds to the world’s significant problems concerned with economic and financial instability in the world. The survey is full of arguments and details about the problem of limits or “fences” which surround vital for life domains of peoples’ everyday life. The...

The Function of the International Monetary Fund

Abstract Much can be said about the differences and similarities of the IMF and WB. But that is not the concentration of this paper. Instead, this paper shall concentrate and focus on the various functions that fall upon the International Monetary Fund as a part of the world economic foundation....

United States Economy Following September 11th

Introduction The terrorist attacks of Sept. 11 on the World Trade Centers in New York destroyed lives and property, increased government spending at a time when the country could ill afford the excessive expenditures, and squelched corporate and consumer confidence which further slowed the economy and hindered the recovery efforts....

German Economic Situation in 2007-2008

Size Germany is located in the center of Europe and borders the Netherlands, Denmark, Belgium, Poland, Luxemburg, Czech Republic, France, Austria, and Switzerland. The Federal Republic of Germany has an area of about 357 010 square km (61st in the world), which is equal to the general area of the...

Supply & Demand, Price Elasticity and Shift Factors

Supply and demand are the cornerstone interdependent variables in economics theory and practice. Supply is defined as the amount of goods and services available for customers to buy. Demand on the other hand is the number of people with the desire and willingness to pay for the available goods and...

Communist Manifesto Relation to Other Writers

Introduction The relations of human beings within society have always been characterized by the considerable complexity of processes and theories developed by various scholars to explain the mentioned processes. The idea of class inequality and the struggle of classes in society acquired considerable importance in the middle of the 19th...

Disadvantages Faced by Multinational Corporations in Markets

Outline Due to invention of highly developed technology business community has more and more become a unit and as a consequence, global business is the present form of trade in this 21st century. Also due globalization concept there have been immense disregard to countrywide boundaries, the governments of many countries...

Comparative Urban Political Systems

Introduction Globalization is the broad outline of the places where most of humanity now chooses to live and work-cities. These cities are the engines of growth for their countries and gateway to the resources of their regions. They are the biggest; most interconnected cities help set global agendas, weather transnational...

“Unemployment Checks: Keep ‘Em Coming” by Owens and Stettner: Article Review

High unemployment rates have a great impact on the economy and purchasing power of consumers. In the article, “Unemployment Checks” Owens and Stettner underline that current unemployment affects both the economy and employers, the government financial resources, and the jobless population. The researchers found that “new jobless benefits claims have...

Issues in the International Politics: Globalization

Introduction The notion of “globalization” is related to the process of enlarging cross-border transactions and interactions in political, socio-cultural and economic spheres. It describes the denationalization phenomenon which tends to be perceived as a political project. Globalization in the international political system is considered to be centralized due to its...

International Monetary Fund Helping Turkey

Introduction The world of today is no longer one of isolation and aloofness. Rapid changes in all walks of life are the norm and they include political, economic, and cultural changes. It can be said that almost all the countries of the world are affected by this change. The advent...

Regional Integration Inconsistency with Globalization

Abstract With the term of Globalization being in vogue and regional integration agreements being signed across the globe, the coalition of the concepts has been questioned. On one hand, the two concepts are considered as facilitators of each other while on the other hand, the thinkers like Kudo Akira believe...

Exchange Rate and Price: U.S. and Chinese Money

There has been increased trading between countries since the countries produce different goods and services. The trading has been a result of the different countries desiring to acquire goods and services that they do not have so as to satisfy their needs and wants that are essential for their well-being....

Introduction to Macroeconomics: Investing in Transportation Infrastructure

Introduction The transportation infrastructure is important since it leads to economic growth of countries in the world. It is believed that in the 19th century investments the transportation systems such as the roads, railways, and canals stimulated economic development in the United States of America. There have been the propounded...

Real Estate and Affordable Housing

Introduction The recent financial crisis in the world has had negative impact on real estate development. Many people have suffered the consequences of the crisis financially. This crisis calls for a measure that provides shelter at a reasonable rent or price. This situation requires developers of real estate to come...

Consumer Spending for the Households Estimate

Background and context of the situation The events of the company and then probability of the portfolios churning profits in the foreseeable future is largely dependent on the scenario for that period and the prevailing business environment. In analyzing the different portfolios, I have simplified their names in to alphabetical...

Realtech System Plc.: Modeling Default Risk

Abstract Realtech system PLC is in trouble to raise 3m for short term financing. If it wants to raise the fund form the banks it will have to pay LIBOR+2% which will be threat for liquidity position. So, the firm is thinking to use some derivatives for risk exposure. The...

China’s and India’s Economic Growth Experiences

Introduction There has been growth that has been experienced in India and China. This has been in place because these two countries have been in danger of having high poverty rates therefore they had to come up with measures that could lead to a reduction of these poverty rates. Therefore,...

The Credit Channel of Monetary Policy

There are a number of macroeconomic theories and models which focus on the role of interest rate and exchange rate channels on the impact of monetary policy actions on the real economy. However, credit markets are another channel which plays a very important role in this regard. The credit channel...

Consumerism of the 1960s: Warhol’s 200 Cans

The most distinctive features of the 1960s could be enumerated from the point of view of several social and economic factors like secularization, decontextualization, totalitarianism, mechanization, democratization and centralization. Along with that, there was the advent of individualism, linear progression, homogenization, diversification, hybridization, unification, industrial society, reductionism, universalism, subjectivism, alienation,...

Discretionary Policy and Time Inconsistency

The classical time-inconsistency problem analysed by Kydland and Prescott (1977) and Barro and Gordon (1983), and followed by a large literature, is based on the following model: y = γ (π – π ) + u , where yt is the log of output (or employment), measured as a deviation...

‘Globalist’ Theories of Economic Change

Introduction Globalization influence economic system of the world and stipulates economic and trade relations between countries. From globalists’ positive perspective, globalization improves conditions of life, facilitates trade relations and cooperation. Globalization allows greater choice of consume products, better quality and technology transfer. For the third world countries, positive effects of...

Political Science: Tax Cuts in America: Are They Good?

Introduction Americans can and do always argue about the increases to taxes, even if those taxes do not affect the people complaining. Some believe that tax cuts to all income brackets help to stimulate economic growth. However, other feels tax cuts maintain the socioeconomic imbalance in America today. Two such...

Balancing the New York City Budget

New York State’s Budget Gap originated from Wall Street and dot.com financial bubbles that led the economy into a recession. Other activities that activities that led to financial gap are the September 11th attacks , natural recession and overly ambitious multi-year tax reduction that could not be sustained through a...

South Korea as a Country for US Investment and Trade

Introduction South Korea stands out in the history of the world as a nation that has extraordinarily advanced within a span of forty years from being one of the poorest countries in the world to becoming one of the most technologically advanced country in the realm of consumer goods industries...

Piracy of Clothes and Goods in China and the Consequences on the Global Market

Introduction and Background The Chinese accession to WTO in 2001 was expected to be a boon to world trade with the opening out of the Chinese markets and the easy access to Chinese goods for countries across the world, particularly the developed world. These hopes were not believed as can...

Monetary Theory and Policy. Money in the Utility Function

Introduction Money is the issue of the economy, due to the political and social, and other factors affecting different aspects of life and household. Money is an asset, making positive or negative or some other functional effect. Goods, demands, propositions are constantly dependent on the money supply. And the money...

Energy and the Economy. Oil Addiction in America

In America, “addiction to oil” results in high oil prices and a unique structure of economy dependent upon crude oil. The future of oil in the world economy is one of the most controversial topics in international affairs at the present time. With the different views held by the producing...

Fixed Cost vs. Variable Cost

Introduction This paper seeks to analyze whether it is a good idea to convert fixed cots to variable costs for Claire’s Antiques. This will also discuss when it is proper to convert fixed cost to variable cost and will identify the types of costs that Claire’s Antiques would probably incur...

Energy Information Agency: Overview on Gasoline

Introduction Gasoline is considered as one the most important commodity that surmised these days. It is the main ingredient in transportation, in industry and in household. During the time when the automobile is presented in the market, the gasoline industry at the same time was created. However, during that time,...

Zimbabwe Inflation Now Over 1 Million Percent

Introduction Inflation is one of the main problems in third world countries. The article describe the situations in Zimbabwe and evaluates the impact of inflation on the economy and common citizens. In 2008, Zimbabwe becomes a leading country with an “annual inflation rose this month to 1,063,572 percent” (Shaw 2008,...

The Role of the Economy in the 2008 Election

The year 2008 is a presidential election year. Many people believed there would be a significant shift in government. This belief had a deep-rooted cause in the economy, and it was found that the economy became a fundamental and decisive part of this shift. The importance of the economy to...

China Faces Inflation Pressure

Inflation is essentially the rise in general price of goods and services over a period of time in economics. It is more commonly referred to as price inflation in now. It can also be understood as the decline in the real value of money and consumer’s purchasing power. As inflation...

St. George Bank: Human Resources and Entrepreneurship

Introduction As it has always been said, a large incumbent company can suppress entrepreneurial initiative and energy but a dynamic financial sector, in which incumbents and new entrants can get finance under competitive terms, can create competitive pressures in the market. According to this case study St. George bank had...

Outsourcing: Advantages and Disadvantages

Outsourcing can be viewed in terms of a subcontracting process whereby Human resources, manufacturing, or even product is given to a third party company. This phenomenon has brought controversy in various countries because of its impact especially from where human resources have been outsourced. Companies that have benefited from international...

Globalization’s Impact on Banks in Canada

Introduction In the face of the globalization forces, not even the Canadian banking industry has been spared. Thanks to the current trends in capital mobility, the banking system has heavily suffered at the hands of globalization. It is no doubt that the financial markets of today have a characteristic high...

Economic Analysis of United States GDP

Economic Analysis and Comparison The United States as a country has the world’s biggest economy. In 2007, the country’s Gross Domestic Product (GDP) was estimated at USD13.8 trillion. Most economists view the US economy as a hybrid. The majority of the microeconomic decisions are made by the private sector. The...

Oil Prices and Influence of Expectations

Introduction The concept of expectations was initially introduced by John Muth in 1951 and it is used to describe many economic situations in which the outcome is influenced by what people expect to happen. John Keynes referred to this as the “waves of pessimism and optimism” that helped determine the...

Household Production Model and Women’s Behavior in the Labour Market

Introduction Household production is the making of services and goods by the members of a household, for their own consumption, using their own capital and their own unpaid labor. The household production goods include food, clothes, beddings, dishes etc. Despite the fact, on average more than eighty percent of women’s...

ASEAN Free Trade Area and Economic Development

Introduction ASEAN Free Trade Agreement (AFTA) opened new opportunities for Eats Asian countries to stabilize their economies and improve the financial performance of the region. ASEAN is a major player in geo-economics in Southeast Asia. It has a history of its own. Since 1967 its leaders have enjoyed a high...

Managing Liquidity Risk in Business

Managing risks for businesses is a continuously evolving process that requires a clear understanding of the entity’s objectives. The achievement of objectives set out by the businesses requires the implementation of processes through different functions. The outcomes from an action or event could result in adverse impacts either resulting in...

Three New Original Future Retails Forms or Retail Combinations

Introduction Retail forms or combinations are money spinners for owners and shareholders, but carry a high degree of security and monitoring risks. A certain portion of profits of such businesses is eroded by damages, pilferages, storage losses, and lowered inventory controls, resulting in decay and wastage of items, especially certain...

Australian Stock Market Energy Sector: Investment Analysis

Introduction There are mainly two reasons why persons invest their self-managed superannuation funds in the stock market. The first reason would be to gain money from the stock market price fluctuations. An investor would invest in one stock like Caltex Australia today with the hope that he or she will...

China’s Emergence as the ‘World’s Factory’

Abstract No nation in the world can match China’s industrialization over the recent past. China is now considered as the world’s factory, in that the entire world’s manufactured products have a Chinese affiliation in one way or the other. However, China’s industrialization has presented intense problems which have resulted in,...

American Credit: Exploring Its History and Predicting Its Future

Credit in the contemporary American culture has become a vital part of our everyday life because it makes the management of people’s finances easier and more accessible through the means of borrowing money and paying it later. When people use credit, they can satisfy their needs for today and pay...

Macroeconomics: Monetary Policy in the United States

The Fed is the popular informal reference to the Federal Reserve System, which is the Central Banking System of the U S. with the endorsement of the Federal Reserve Act in 1931, the fed was established (Federal Reserve System Online, 2008). The Federal Reserve System is a government banking institution...

TNCs Contribution to Globalization of Retail Industry

Introduction Transnational corporations make a great contribution to globalization issues and development of the global industry structure. TNCs change the world brining information technologies and methods of buying to development countries. They support information and goods exchange and promote new life styles nad new values. TNCs are associated with concentration,...

Country of Origin and Impact on Product Category Marketing

The country of origin has a great impact on the product image and the decision of consumers to purchase a product. There are other significant demographic factors that affect consumption patterns. For example, if populations are segmented by such factors as race, religion, color, country of origin, etc. valuable marketing...

Stock Market Boom in the Us in 1920s: Financial Bubble

In recent time, there has been a grave financial problem due to financial bubble. There are specific reasons for financial bubble. Eugene mentions, “the demand for credit to buy stock pulled funds into the market, forcing a major reallocation of credit in the money and capital markets.” (Eugene, p. 76)...

World Economy Problem and World Economic Crisis

During 2007 the world economy grew at 5.2 percent which was mainly powered by the rapid economic growth in the emerging economies of China, India, and Russia at 11%, 9% and 8% respectively. Hence, during the year 2007, the economic condition of the world appeared to be very bright and...

National Economic Crisis as a Result of Failure by National Governments.

Introduction A nation or state that is sovereign enjoys a political autonomy, as well as the freedom to regulate the movement of people and goods. In addition, such a nation, by virtue of a sound government management and an implementation of policies, will also enjoy a control over foreign policies...

Supply and Demand Analysis: The Influence on the Market Scenario

Reflect on what you have learned about the model of supply and demand (market analysis) from taking this course Exogenous factors, which are taken as constant factors when market demand and supply are determined, can change as a result of the external environmental factors. These changes have substantial effects on...

Globalization: More Positive Effects Than Negative Ones

Globalization refers to the “increasing interconnectedness of people and places through the converging process of economic, political and cultural change.” Currently, the rate of Globalization has continued to increase; the continued increase in the globalization rate can be associated with technological changes and advancements, among other factors. Globalization has brought...

Analyzing Bank Performance: Risk Propositions

Introduction The banking and financial institutions are under severe pressure these days. The globalization and networking of economies have resulted in a cascade effect on the stock market, economies, and of course the financial viability of many companies and institutions. Australia too has not been far from this cascading effect...

Income Tax versus National Sales Tax

The question of the best kind of taxation system favorable for use has raised great concerns to many people and governments. The purpose of the study is to present information on both systems in order to determine the system that is more favorable for use. From the information provided, then...

Macroeconomics Problem and the Current Situation in US

Introduction The current financial crisis in America is partly being blamed on poor economic policies enacted and implemented by the Bush administration. Though the policies have in part been in use for the last eight years, they are pointed to have been the cause of the present crisis. Such is...

ACME: External Finances for Multinational Enterprises

ACME is a US-based MNE that wishes to raise for its Greenfield investments and wishes to secure all funds in the US. Long-term funding is required by ACME, as the project costs around $500m. As we know multinational enterprises are domiciled in various countries and that causes the capital structure...

Encourage Fair Trade in Scotland

Executive Summary The main purpose of this essay is to enlighten the reader about the genuine efforts an organisation called Fair Trade is undertaking to streamline global trade and to offer the growers of agricultural produce a fair deal for their produce. It is also intended to attain socio-economic benefits...

Accounting: Important Role in Business Decisions

Introduction This paper seeks to define a word or a concept or an object idea in such a way that a reader is able to understand precisely what is meant by the word being defined, analyzed, described, discussed and explained. This paper has chosen to dwell on the word “accounting”...

Coca – Cola: Business Strategy and Globalization

The process, well known on the international arena, as globalization affects all the spheres of people’s and counties’ life. The economic and business fields are greatly affected by this phenomenon as well. Therefore, it would be relevant to explain the process of globalization in the economic field and its influence...

International Trade and Investment

Although international investment continues to influence growth in the global economy than trade, it has developed without the necessary presence of a formulated international system of rules according to Aaronson (2004). In fact, policymaking in this field has been without success. This is for example due to reasons of disagreement...

St. George Bank. Profits and Perspectives.

Introducton St, George Bank generates large profits from the fees collected from their clients. The banks are able to survive with the interest earnings generated from bank borrowings. There are many sectors affected by the increase in the bank’s profits. The following paragraphs will explain the differences in the effects...

Equities and Investment Analysis in Australia.

Justification The aim of investors is to have a high rate of return from their investments. In this sense, investors must identify if the Australian Equity (Share) market is a place where investors would expect a good economy, a stable currency, a stable government, a high potential of growth and...

Corruption in Developing Countries – a Cultural Phenomenon

Introduction Corruption is a pervading phenomenon across most developing countries. It is as a matter of fact, present in developed countries too. This essay tries to analyze the way corruption has penetrated societies in developing countries. The reason for building up such a level of corruption in these countries in...

Hong Kong Economics and Government Policies

The birth rate in Hong Kong had been declining for the past 10 years. What measures can the Hong Kong government do to ensure enough supply of labor in the market for the next 10 to 20 years? In what ways the “low birth rate” will affect the economy of...

Economics of Happiness, Hunger, and Famine

Introduction At a present stage of social and economic development of the world community still it is very important to achieve the reliable maintenance of the population of globe with food stuffs. The foodstuffs constantly acts as a necessary and uncontested part of fund of vital means, and increase for...

New Labor Internationalism in Germany

The beginning of global changes in labor internationalism was marked by 1991, when the Soviet Union disintegrated and the Cold War ended. In the political dimension, the West no longer had a rival against which it had to compete. In the economic dimension, though, alterations were more substantial. Specifically, the...

Portable Oil Wells: Author`s Trip to Fallujah

As I walk down the street of Fallujah I look at the faces of people I see death lurking in their eyes, I see hopelessness in the eyes of people I see people trying to flee all of them displaying a vacant image. They don’t know whether they will live...

Web-Based Shopping: Consumers Attitudes Towards Online Shopping in New Zealand

Introduction This paper “Web-based shopping: Consumers’ attitudes towards online shopping in New Zealand” details an exploratory study conducted by Gurvinder S Shergill and Zhaobin Chen, who attempted to investigate the online buying behavior of people from New Zealand. It was part of a larger study, and the central theme which...

UK Electricity Industry Analysis

The term acquisition refers to a situation where one company purchases the shares in other. This can be through cash or by issuing its shares or a loan stock in exchange for the shares. This method of business combination is also referred to as the “purchase method”. In an industry,...

North American Free Trade Agreement and Employment

Has NAFTA Resulted in Lower Employment in U.S.? The North American Free Trade Agreement (NAFTA) is a trading block comprising of countries that makes up North America. It mainly comprises of member states Canada, Mexico and the United states. It is claimed to be the largest trading block that exists...

Immigration’s Economic Input in the United Kingdom

Immigration is one of the most important debated topics in the United Kingdom today. Britain has always been a destination of the migrants. However, the recent influx is almost unprecedented. Relative to population, the scale of immigration is now so much greater than during any period since the Anglo-Saxon and...

International Trades Simulation Analysis

Introduction International trade is the exchanging of goods and services among different countries. The stimulation will help identify the reasons of international trade and know the countries that are the best for me to trade with. In this simulation i will consider a very large country in terms of level...

Global Stratification and Local Economies

Global stratification is an inevitable process that has both positive and negative impacts on the local cultures. One of the key benefits of globalization is providing citizens with career opportunities. By creating jobs for the people, especially for those living in Third World Countries, multinational corporations establish a competitive job...

Multi-Fibres Agreement and Free Trade in Textile Sector

Introduction The textile and clothing (T&C) industry has always been an opportunity for developing countries to industrialisation with low-value-added goods. Since the industry requires a lot of labour, it favours well in a population with a large number of mostly unskilled workers, women and children. Until recently, it had remained...

Apple Inc.’s Stockholders’ Equity Analysis

Apple Incorporated has a common stock that is traded on the Nasdaq Stock Market LLC. In 2018, the company had 12,600,000 shares authorized, 4,754,986 shares are issued, and 5,126,201 shares are outstanding (Apple Inc., 2018, p. 40). Apple’s treasury stock for the year 2018 is equal to $0, so it...

Microeconomics Basics: Scarcity, Cost-Benefit Analysis, and Incentives

Introduction Microeconomics is a branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources typically in markets where goods and services are being bought and sold. It examines how this decision behavior affects the supply and demand for goods and services, which determine prices,...

Peak Oil and Price Volatility: Impacts on Global Energy

Lately the crude oil prices have been volatile, reaching an all time high at over 96 dollars a barrel in November 2007. This can be perceived to be brought about by the war on terror. Due to this high prices and pressures from other factors such as environmental issues; energy...

Brexit’s Impact on UK Startups: Market Trends & Financial Insights

State-of-the-art of the UK startup market Recent historical market trends for startups in the UK In spite of the ongoing global financial turmoil and economic challenges faced by Europe, for years, the business environment of the United Kingdom remained not only stable but also positive, forward-looking and open for business....

Zuboff’s “Surveillance Capitalism” and Hiring Bias

Capitalism has emerged as one of the widely used economic systems around the world with the fall of communism in the early 1990s. However, with the technological revolution of the 21st century, capitalism has evolved and mutated into different variants. One such version of this economic system is surveillance capitalism...

Investment Analysis: SHSAX vs. GGHCX vs. FHEAX Funds

The investment due diligence analysis has been performed to assess the performance of three funds, which are SHSAX, GGHCX, and FHEAX. The obtained results indicate that the best option to invest in is SHSAX. As compared with the other two funds, SHSAX has had the best performance over the last...

US Tax System: Deferred Compensation Definition

Introduction The concept of deferred compensation is an essential maneuver in order to alter the tax value. Despite the ongoing theoretical synthesis of various aspects of taxation, there is no specific and holistic concept. It uniquely describes the social role and importance as a tool of public authorities for the...

Understanding the Financial Language of the Practicum Site

Along with the competence in motivating employees and ensuring high-quality care, leader nurses are expected to be conversant in financial issues related to health concerns. As proposed by the American Nurses Association (ANA), financial awareness promotes a greater understanding of the ways to improve care and reduce costs (Halladay, 2015)....

Impact of a Declining Pound on the UK Economy: Pros and Cons

Introduction In international trade, the demand and supply of currencies affect their values in the short and long term (Frieden 2016). The interest rate policies formulated by different governments to stabilize their currencies also influence supply-side economics and, by extension, the value of linked currencies (Hassan & Mano 2019). These...

How Does Perfect Competition Help Us Understand the Efficiency of Markets?

Introduction Ajefu and Barde (2015, p. 20) define a market as “a place where the prices of goods and services are determined.” Comparatively, a perfect market is characterized by the efficient or optimum allocation of resources (Djolov 2014; Maritan & Lee 2017). In this type of market structure, rivals are...

U.S. Protectionism and Its Impact on Austrian Small- and Medium-Sized Enterprises

Introduction Since the United States is among the largest market players in the world, its economic policies are typically perceived as the factor influencing global trade. The extent to which the decision of the U.S. authorities to go protectionist affects European countries presents an important question. In the case of...

Social Media Impact on Customers

In the contemporary world, free access to a large amount of information transformed customers from passive buyers to active consumers searching for the best ways of satisfying their needs. Therefore, social media have become a significant factor influencing customers’ choices since these technologies supply people with relevant data throughout the...

Evaluating Apple’s Stock Performance for Investment Recommendations

The purpose of this letter is to make investment recommendations about the purchase of stock relying on Apple’s financial performance. The calculated ratios indicate that Apple mostly outperforms the Computer Hardware industry. In particular, Apple’s acid test ratio is two times greater than the industry’s average. However, for the past...

Oil and Gas Resource Curse in Post-Soviet Space

Introduction In the context of economic development and recognition in the international arena, many states use domestic resources as key trade elements, thereby creating demand and increasing budget revenues. The oil and gas industry is promising today because, although a constant search for alternative sources of fuel is conducted, natural...