2713 samples of this type
The article titled “The Right Time to Buy High-Beta Stocks” published in the Wall Street Journal covers the issue of high-beta stocks and the four weeks of the year when they significantly outperform low-beta stocks. Hulbert (2020) explains that beta refers to the tendencies which a stock shows when the...
Introduction The nominal interest rate is the real interest rate combined with the expected inflation rate. The definition of the ‘opportunity cost’ in nominal interest can be interpreted as the choice between alternatives of either holding the money, which provides payment protection but forgoes the alternative of gaining interest on...
It was after World War II that a plan was formulated in Bretton Woods by the developed countries of the world to link all foreign currencies to the US dollar which implied that the exchange rate of all currencies will be fixed to the US dollar. The dollar was supported...
Introduction The COVID-19 outbreak has brought the entire world to a standstill in a matter of mere months. The new virus has negatively affected the major economic sectors. Those of them that rely on travel and gatherings of people such as tourism and entertainment have arguably been hurt the most....
Abstract The purpose of the research paper will be to look at taxation issues that affect non-US citizens in the country. The first aspect will be to look at which residents in the United States are subject to paying taxes and which of their incomes earnings will be taxed under...
Introduction Financial Accounting Board issued a statement permitting the use of fair value measurement for business as a measuring attribute but some entities such as the banking industry suspended the application on the basis that FABS 157 contributes to the current credit crisis. The application of this measurement would change...
Introduction As the world becomes a global village, with technological advancements and liberalization of trade, many people in the business world are trying to increase and expand their market share whether locally or internationally. Whatever the case when one is seeking a new investment opportunity, extra sources of capital is...
The current world runs and operates within the capitalist theory and practice. Many countries have greatly benefited from the established globalization model and continue to build new ways of advancing their intertwined and interdependent economies. However, recent events relating to financial, environmental, and societal problems arising around the globe have...
China is the new idol for emerging economies because it has been able to show that fast-paced economic growth is possible. Western countries have urged that democracy and equal political rights are the prerequisites of prosperity. China has demonstrated that with state-controlled capitalism, it is much easier to solve socio-economic...
For developing and keeping businesses afloat, one cannot ignore market intelligence. It concerns information about the market where the company in question operates, including its customers, trends, and competitors. A comprehensive analysis of these elements defines internal goals and has a significant impact on the business’ prosperity and success. Yet,...
Budgeting is not an exact science, and its success depends on the precision of estimates. Estimates are based on facts and managerial judgment, which can suffer from subjectivism and personal biases. The accuracy of budgeting therefore rests on the adequacy of management. Where management is optimistic about future prospects for...
The 1930s were one of the most challenging times for America. The economic crisis and recession resulted in the emergence of 15 million unemployed workers (Patel 2016). The scope of the problem is proven by the fact that this period was called the Great Depression. For the first time in...
The definition of a multinational company A multinational company is an organization or firm which operates across borders or delivers its services in two or more countries (McDonalds, Federal Express, Pfizer, Wall-Mart, Ford Corporation). The Positive aspects of a multinational company At present, a substantial number of American or Western-European...
Financial ratios may be clclassified into the following broad categories: Short term liquidity ratios, also known as working capital management ratios, Long term risks and capital structure ratios, also known as leverage or debt management or solvency ratios, Operating efficiency and profitability ratios, Investment ratios (Graham, J., Smart, S., Megginson,...
The capitalist system is a generally accepted norm which functions successfully in the modern world. However, Marx presented the alienation of labor, which is one of the capitalist features, as the process is contrary to human nature (Vidal et al., 2019). The reason for the emergence of such a phenomenon...
Introduction The economy of most countries in the world is based on the exchange of money in the market. There are few states left that rely on exchanging goods, or barter economy. Currency, in its different forms, is a part of everyday life for many people as they use it...
The global financial crisis that gripped the world economy in 2008 and 2009 can be said to have been related to the Shanghai Surprise that sparked 80 years ago when the Shanghai stock exchange had a great fall arousing a global crisis. In this case, the value of currencies is...
Abstract There has been ignorance of trade policy and the working conditions of employees until recently when people discovered that trade policy affects peoples’ work. The other form of ignorance was in the international trade formulation or policy where people did not see the relation of international trade and human...
The article “Corporate Payouts in Dual Classes” by Lei, Li, and Yu analyze the effect of payout decisions, including dividend payments and share repurchases, on dual-class firms. These firms imply two classes of shares, where insiders are given access to superior shares with control and voting rights, while the general...
The title of this article is appropriate for the writing. Leimberg et al. (2000, p.1) enumerates on how the internal revenue code continually change the interests every month. The valuing process is always much detailed and together with frequent revision of interest rates monthly, and the change of life interests...
Introduction A leasing agreement guarantees a firm or an individual to use certain specific assets for which payment is required. This contractual relationship between the lessor and lessee can be for an indefinite period or periodic where there is an automatic renewal or certain agreed-upon fixed duration by the parties....
Introduction Over the past two decades, there has been an active growth of global imbalances, manifested in the deficit of US foreign trade and, at the same time, in the large positive balance of many developing countries. Leaders of the modern world like the USA, as well as developing countries,...
The ability to dispose of money and other resources in a proper way predetermines the wellbeing of every person. One might have 1,000 dollars and turn it into the extensive network of manufacturing facilities, while another person might lose the whole number of millions of dollars without an understanding of...
Causes of Subprime crisis The federal reserves in the year 2001 started reducing the interest rates for federal funds, which went as low as 1% by the year 2003. When the interest rates went down, it was a chance for investors to borrow money at a low cost so that...
Countries of the world, especially the larger economies, are passing through one of the worst economic crises since the Great Depression of the 1930’s. The global forecasts according to the major world lending bodies like IMF, WB and other credit agencies are that this may take more time to stablise,...
There is a continuous conflict between China and the US, which is expressed in setting tariffs on one another’s products. In 2018, President Trump imposed tariffs on goods exported from China, stimulating Americans to buy local products, and this policy change became a significant trade barrier (Liu & Woo, 2018)....
Stephen Schork is a famous trader in the oil industry. He has been speculating for the last several weeks that the oil prices would fall but instead they kept on rising. In the process he lost a lot of money due to the belief that the price of the valued...
When creating a master budget several items are considered these items include various small budgets. The master budget includes the balance sheet and income and expenditure. It is integration between various budgets ranging from financial budget, material budget, cash budget, and many other budgets that are related to the organization,...
The accounting reports show that the company, AGA Rangemasters PLC for the years 2009 and 2010. The research focuses on the financial statement ratio of both 2009 and 2010 with emphasis on comparing the financial viability of both accounting periods 2009 and 2010. The research also focused on the discussion...
Introduction The capital markets in the world are experiencing the worst crisis since 1929. This crisis originated from the subprime mortgage crisis of the United States of America (Cheung, Fung and Tsai, 2010, p 2). The crisis in the US economy, being the largest in the world, led to a...
Introduction The U.K.’s exit from the E.U. also marked a transition in its economic relationship with the bloc. The country intends to shift from close unification and co-operation with its neighbors and keep options of possible reopening opportunities for negotiating direct trade agreements with non-EU member states. The U.K. is...
A trade war is a situation in which countries seek to harm each other’s economies, retaliate against each other by imposing import restrictions and other methods. The imposition of a tariff on imported products makes exports unprofitable for the second country-party to the conflict. Also, it increases the competitiveness of...
Introduction The food manufacturing and processing industry have become one of the biggest sectors in the business world. This has been greatly influenced by the increasing demand for processed foods in the current busy world where people have little time to spare for cooking. Urbanization has further influenced consumer preference...
Facts Summary The case study on Smithville’s budget issue indicates that the city requires improved approaches to plan a balanced solution for the next fiscal year. The provided information suggests that a significant number of businesses have left the town, causing disruptions in tax revenues. The situation damages public expenditures...
Transportation is related closely to economic and social changes because territorial accessibility, mobility of freight as well as movement of people are the actual basis of such relationship (Rodrigue, Comtois & Slack, 2006, p.83). Wherever there are efficient transportation infrastructures to facilitate the accessibility of resources and markets and to...
Introduction A balance sheet is an important document that might be described as a current report of a company’s financial and economic status (The Kaplan Group, 2013). Balance sheets summarize the information about what organizations own and their debts (The Kaplan Group, 2013). The data provides investors with the basis...
Introduction Different scholars have presented quality and practical ideas that can guide governments and investors to make evidence-based decisions and pursue their economic goals diligently. Milton Friedman argues that free markets are essential since they allow exchange to occur whereby the involved parties benefit in a symbiotic manner. Without consideration...
Introduction According to Mullineux, (1984) economic growth and development are an integral part of a healthy economy. The analysis of the economy’s health requires the use of economic indicators. Economic indicators are classified into different categories. These include; the leading economic indicators, lagging and coincident. This classification helps in the...
The federal budget is considered to be among the most powerful policy instruments that are used by the government. It is funded by the taxpayers and serves as governmental economic storage from which tax money is spent on accomplishing constitutional goals. Such goals include various programs that are vital to...
I never considered the fact that globalization can have major downsides because open markets and free trade always seemed to be the only way towards prosperity and economic growth. However, the current COVID-19 pandemic exposed the biggest vulnerabilities of a globalized economy. In such unstable conditions, it would be presumptuous...
The purpose of this paper is to analyze the differences between cash flow and net income comparing two years of functioning of the company in 2008 and 2009. The first line of the table is an illustration of the fact that net income raised by 1.3 in 2009 about the...
Performance of the stock The graph below shows the performance for the stocks of Newmont Mining Corporation and Fossil incorporated as well as the market. It shows that Newmont Mining Corporation was doing well in the market as compared to Fossil incorporated. Both their performance is in upward trend apart...
Nowadays, most people see money and currency as interchangeable concepts. However, throughout history, many societies employed things other than currency as a medium of exchange. Hence, any means of payment can be defined as money. Other functions of money include being a store of value and a unit of account...
The economic status of East Asia has increased drastically in the past few decades. Most nations in the region can currently be compared to Western European countries. Foreigners are lured into the region to seek better living standards which they are unable to experience from their native countries. Although immigrants...
Introduction, Review of accounting Process and Financial Statements Generally Accepted Accounting Principles (US GAAP) US GAAP is the generally accepted accounting principles followed by companies operating in USA and or listed in the Wall Street exchange. It involves enormous volume of standards, interpretations, opinions and bulletins, formulated by the FASB...
Introduction The UK pension scheme started as a non-contributory testing scheme which began in 1908 and established under the Old Age Pensions Act (Bozio 2010, p. 7). This system later developed into a contributory scheme and enforced under the Widows, Orphans and Old Age contributor pensions act of 1925 which...
The exchange rate The exchange rate between the U.S. and Japan might be defined as flexible rather than fixed since the values of the currencies change daily. According to the website of The Federal Reserve, on June 8, 2020, 1 U.S. dollar cost 108,46 Japanese yen, while on June 12,...
Introduction Economic globalization is reflected in such trends as foreign sourcing, global markets, and multinational corporations. It has positively shaped many countries as they gain from mutually beneficial cooperation. According to Erixon, “globalization has improved businesses, living standards and the performance of the entire economy” (Erixon 2018, 3). Large American...
Community Development Financial Institutions (CDFIs) are specific community-based financial institutions that aim at the promotion of the economic development of individuals by providing loans, services, and consultations to people and communities that are not able to get help from traditional financial intuitions because of the inability to meet strict demands....
Introduction The economy of a given country will influence the experiences and lifestyles of its citizens and how they address emerging challenges. Nations will have diverse rates of growth that are determined by various factors, including productivity factor and the rate of growth in the available triggers of development. With...
The Coronavirus pandemic has spread globally, and the United States is not an exception. Nations have been facing various impacts of the virus, especially its economic effects. According to Parkin’s article, the Federal Reserve market reactions show trembling market forces (Parkin, 2018). The economist has expressed fear and called for...
Ergonomic programs targeting musculoskeletal disorders (MSDs) as the most common workplace injuries require time, as well as human and financial resources to succeed. The improvement initiatives are more likely to receive support if they involve cost justification. Ip et al. (2016) claim that the return on investment (ROI) is a...
Introduction Financial reports are extremely significant to any organization since it assists in evaluating and gauging the economic strength of an organization. These reports are crucial irrespective of the nature of the company i.e. whether profit-making or nonprofit making. Financial reports are often evaluated before decisions on the best recommendations...
Being a manufacturing company and as the manager concerned with asset financing and maintenance have been allowed to acquire souvenir branding equipment as a backup of the already existing machine due to the surge in the product demand. I had decided to acquire a higher number producing asset that can...
The article Two Theories of Monopoly and Competition: Implications and Applications bases the discussion on the claim that monopoly makes sense on the foundation of the political monopoly theory. In other words, Simpson suggests that monopoly exists only when the government applies force so that one or a couple of...
The necessity to plan the budget is evident and undeniable, especially in conditions of democratic states. It not only helps to arrange the possible and predicted expenditures effectively and organize saving accounts, but also contributes to the trust in the government from the population (Senate Research Centre, 2017). It is...
During the COVID-19 pandemic, the consumer’s behavior regarding the seeking of protective equipment and testing has shown two distinct choices of people – some look for masks and tests, while others avoid these. One study that can help explain this is by Kusev et al. (2017), who examine the different...
Introduction Hong Kong economy is characterized by diversified investment opportunities. It is considered as a chief fund management centre in Asia and thus there exists in this country a high concentration of fund managers. The entire investment operations in the country are under the strict guidelines and regulations of the...
Summary This paper is a discussion of the article, “Coronavirus: China Yet to Meet Key Phase One Trade Deal Target Due to Covid-19 Lockdown”, which was published on South China Morning Post (SCMP) on April 8, 2020. The article was written by Finbarr Bermingham and Wendy Wu. The article talks...
Introduction This paper investigates issues involved in financial markets in both Africa and North America and what is fast becoming a global economic village as countries are becoming interconnected and economies becoming more and more converged. Financial markets in North America are more juxtaposed and epitomized than anywhere in the...
Introduction The Trans-Pacific Partnership (TPP) was central to President Obama’s strategic pivot to Asia. The trade agreement was signed by twelve Pacific Rim countries, including the United States, which together covered almost 40 percent of the world’s economy. The TPP generated a great deal of controversy: while its proponents predicted...
Introduction Over the past few decades, the financial markets have witnessed rampant product innovation. One of the reasons for this shift arises from increased demand for investment by both individual investors and institutional investors. A large number of investors are considering financial assets as a viable investment destination. The banking...
Introduction The Chinese currency (Yuan) has been recording a relatively strong performance against the US dollar. Recent data from the year 2007 has indicated that the exchange rate between China and US has been fluctuating with China gaining in most of the cases. At the beginning December 2007, the Chinese...
The work payment proportion excessively expanded among people who have high profits, further adding to the development of income inequality. The difference between individuals characterized by schooling and professional training provides them with benefits in work, creating capital payment imbalance. Lately, while the income inequality in Germany and China developed...
In this article, Enam Ahmed explains why central banks should use the Divisia approach to measure the effectiveness of the monetary policies. He argues that while the concept was developed almost a century ago, it remains a viable alternative to the tools used in modern economics. The idea to employ...
Accounting processes demand that companies categorize any investments or funds in equity securities or liability when they are acquired. These investments bought particularly equity securities can be put into custody until they mature, held also for buying and selling, or accessible for the transaction. Held to Maturity is the ability...
Introduction The financial crisis that traces its way back to 2007 led to the collapse of large financial institutions and prompted national governments to bail out many from imminent collapse. The crisis affected other sectors of the economy like housing which led to the suffering caused by evictions and foreclosures....
Texas has been known as a place where real estate is cheap, and the cost of living is lower compared to other states. However, this reputation has been deteriorated by increasing property prices, especially in large metropolitan areas, including Houston. Since a significant portion of the state population resides in...
Introduction White collar fraud is best depicted in the activities of Bernard Madoff who ran an elaborate Ponzi scheme that swindled billions of dollars from unsuspecting investors. In the disguise of a stock brokerage firm, Madoff lured wealthy investors to his cage and robbed them off their billions leaving no...
A chief financial officer (CFO) of an international company is responsible for analyzing and mitigating financial risks. Castello (2016) suggests that to minimize global risk, a CFO should accurately plan and prepare for the possible risks and have a contingency plan that will be used to address issues if they...
Introduction Pastry World Ltd is a company that is engaged in the sphere of semi-prepared and preserved foods. Although pastry is not the key component of a ratio of an average human, high-quality pastry is highly valued all over the world. The paper aims to analyze the revenue statement of...
Top Three Career Choices: Personal banker Professional football player Doctor 2020 Salaries: Personal banker: $38,497 Professional football player: $860,000 Doctor: $278,753 1990 Salaries: Personal banker: $36,595 Professional football player: $356,382 Doctor: $164,300 2000 Salaries: Personal banker: $38,431 Professional football player: $1,116,100 Doctor: $143,698 2010 Salaries: Personal banker: $41,000 Professional football...
The Authors’ Arguments Friedrich Hayek strove to defend traditional concepts of morality in economics and fought the progressive representatives of the new era who sought to destroy the classical canons. In his book, he compares rationalizers to Christians who tolerate human sinfulness but do their best to prevent it (Hayek...
For an investor, the ability to analyze the market situation to assess financial risks and get the most out of investments is critical. This requires careful analysis of interest rates, including for government bonds. First of all, it is necessary to remind that bonds traditionally mean securities issued by the...
Of primary importance is the recognition that inflation is not an unnatural or harmful mechanism for a country’s economy. Certainly, from the point of view of an ordinary citizen who pays taxes and gives their private money for goods, it may seem that the absence of pre-election inflation or even...
Large retail markets such as Walmart, H&M, and Zara are well-known to provide the whole population with affordable clothing. Textile factories need a lot of workforces to cover the demand of the customers. Unfortunately, not all employees are paid fairly, and even worse, are being forced into labor. According to...
Consumer Price Index (CPI) The current indicator is 255.77 (May 2020) (United States Consumer Price Index); a monthly parameter (255.90 in April). The decline is caused by the current epidemiological situation. The quarantine regime has led to economic difficulties. Unemployment Rate The current data is for June 2020 – 11.1%...
I wanted to notify you of the results of my investigation on specific criteria for the selection of the vendor. Choosing a vendor is one of the critical problems in managing the procurement of material and technical resources and services. From the variety of potential suppliers of goods and services,...
The debate on the issue of economic inequality mitigation has been one of the central aspects of global discussion for decades. The primary concern of such an argument has always been based upon establishing a direct link between the process of globalization and an increase in the gap between average...
The 2008 financial crisis shocked the entire world, severely damaging many economies and showcasing the importance of both domestic and international markets in societal well-being. Considering its relatively recent occurrence, the global financial crisis was believed to become a milestone and a reference for adopting measures to prevent economic breakdowns...
Introduction Leasing equipment instead of buying it is a factor that affects depreciation charges, inventory costs, and firm value overall. Thus, it can significantly affect the analysis ratios used to compare two different firms or the same company at a different time. Usually, start-up companies and businesses with strictly limited...
Protectionist measures are policies enacted to safeguard domestic industries from competition with foreign firms. They are executed by introducing subsidies, trade tariffs, import quotas, and other trade barriers on imports from foreign business competitors. Remarkably, nearly all typical economists concur that free trade is essential for the thriving of the...
For over three years, Labedo Berries has experienced steady financial growth owing to its customer retention policies and comprehensive management; however, the shareholders felt the need to expand its services across Europe. Labedo Berries is a family enterprise that collects high quality, perfectly ripe strawberries from farmers; the berries are...
I have to disagree with this argument since the development of this country did not yet reach the transformation required to change its economic model. Despite the noticeable increase of skilled laborers on the Philippine market and recent foreign investments, the amount of low-skilled, low-wage, and low value-adding workers is...
Introduction This is a project aimed at describing and discussing the conditions of public housing for families of different classes in New York City. The selected areas are intended to represent the living conditions in the entire City. The foundation for this project is the hypothesis that the living conditions...
Exchange rates refer to the price at which a currency is being bought or sold using another currency. It is the national currency’s value in relation to foreign currency. These being the case exchange rates operate in accordance with the normal demand and supply curves. This implies that in cases...
Governance is considered a vulnerable area for multiple businesses, especially for the spheres involving investors, since many functioning mechanisms remain invisible to the broad audience and stakeholders. Therefore, each organization controls every team daily to establish systemized work; such an approach proves board employees’ value (Lan & Heracleous, 2010). Over...
The management of any large organization implies the control of its assets and shares. By issuing new stocks, redistributing, and repurchasing old ones, it is possible to regulate the financial position of the company and change its policy depending on the current economic situation. However, there is the possibility that...
The efficiency of executive compensation for shareholders is something that boards of directors and companies strive to achieve by maximizing their tax deductibility. The tax code (Internal Revenue Code) includes several provisions that apply to executive compensation such as Tax Code §162(m) – Deductibility of Executive Compensation and Tax Code...
Purchasing a home is often challenging as buyers can encounter many unforeseen issues, especially if they do not research the market, the seller, or the property’s history. Moreover, real estate is not only a place for living – it is also an investment opportunity. Thus, it is vital for one...
In recent years, there have been increased levels of international labor migration in various nations. Eastern Asian countries, such as Thailand, have seen a considerable surge in migrant workers, raising interest in individual nations’ impact. Walmsley et al. (2013) mention that immigrants comprise people with varied skill levels. He further...
Introduction The following financial statements ratio analysis report is based on the available financial statements of the Hospital of Saint Raphael for the years 2004 and 2005. The comparisons will be made with the financial information for the two years. The analysis will be based on the ratio of the...
Trend of Ford shares for the last five years is shown below. Based on the trend of the graph below, I will state that the stock price was fairly stable with little fluctuations except during the period of the financial crisis. From the trend shown below, I will state that...
Taxes represent involuntary charges imposed on people or companies and controlled by a government agency, whether local or national, to fund different operations within the country. From an economic perspective, taxes fall on the one who caters to their burden, be it an establishment such as a business or consumers...
Main issue On March 20th, 2006, cyclone Larry devastated the banana industry in Australia. This was a cyclone with devastating effects which destroyed fruit worth of $300 million and approximately 4000 employers left without work. It was an event that took the producers by surprise because during a whole day...
Background to the study The concept of entrepreneurship is increasingly being appreciated by investors in an effort to maximize their wealth. According to Kuratko (2008, p.9), the financial school of thought in relation to entrepreneurship asserts that investors seek for growth of their capital and hence the emphasis on entrepreneurial...
Introduction The primary purpose of any form of taxation practiced across civilizations the world over is to raise revenue needed to finance public services. But there exist numerous tax systems that can be used to achieve this noble objective, including property tax, personal income tax, inheritance tax, sales tax, and...
Federal Deposit Insurance Corporation (FDIC) refers to a self-regulating national agency that insures thrifts and deposits in the US banks if a financial institution fails. The agency was established in 1933 to promote a stable financial system and maintain public confidence by encouraging effective and efficient banking practices (Failed Bank...
Panic-buying is a relatively common behavioral response to a crisis that people can exhibit in situations that they perceive to be dangerous and unpredictable. Yuen et al. (2020) note that this behavior was previously observed in the wake of major natural disasters, such as the Christchurch earthquake and hurricane Matthew....
The relevance of the topic regarding cash flow management remains essential in the modern market. Sustainable profit is the main source that contributes to the proper functioning and development of any company as well as a stable financial position. According to researchers, cash flows can be defined as “the amount...
Financial markets in the United States of America stayed highly volatile during October and November. However, the yields on the short and long ends of the curve have remained relatively unchanged. Further, the 10-year government bond yield reached a level below 3.5%, while the 2-year note yield continued to hover...
Introduction and background details Dividend The dividend is a taxable payment declared by the company’s board of directors and is distributed among its shareholders. This distribution is out of the company’s earning or retained profit. Dividends could only be paid from the amount of profit that the company has made...
Introduction Any country will adopt a particular tax system as a way of solving most of the social and economic problems faced by the nation. Therefore, the major purpose of the system will be in raising revenue for use in improving public services and infrastructure which all the people will...
Emphasizing that in the year 2020, the world has faced one of its worst economic crises in modern history due to the impact of the novel coronavirus pandemic. The said pandemic has a universal effect, with tens of millions of infected individuals and over a million deaths. Bearing in mind...
Kate Raworth’s book “Doughnut Economics” (2017) opens up the reader’s mind to the new possibilities within the modern world of economics. The author shares intriguing insights about the global market and the economic opportunities that individuals, entities, and the government should consider in their quest for returns on investments (Raworth,...
The era of globalization is a controversial phenomenon since it not only boosted the growth but also caused inequality of countries in terms of the distribution of benefits. Such an issue is explicitly seen in their economic indicators, but this aspect is a mere effect, whereas the cause lies in...
The leading tendency of globalization is its presence even in those countries where other trends of the current world economy are weakly and hardly noticeable. According to Martin et al. (2018), “it is a complex admixture of different, though interrelated, historically evolving developments and transformations—economic, technological, cultural and social” (p....
In general, globalization may be defined as the process of integration and interaction among countries worldwide and the growing interdependence of their economies, populations, and cultures. Globalization is stimulated by international trade-in technologies, products, and services and the flows of people, investment, and information. That is why the development of...
Introduction Capital budgeting is a matter of heated discussion among scholars and practitioners. Indeed, the importance of the topic is difficult to overstate, as the capital investment decision-making process is crucial for the survival and long-term success of companies regardless of their size and industry (Kengatharan, 2016). One of the...
The article discusses the strategies of global market expansion for entrepreneurial firms. Two types of strategies are identified: market diversification and market concentration. The first strategy is based on a gradual expansion from one market to another. The second strategy is more aggressive and implies fast expansion into multiple markets....
The product developed by our company can have a market in any country which has a substantial population. The task at hand is to choose the countries where the population is high and so is the growth rate. Further, the country’s return on the FDI confidence index must also be...
Introduction In the XXI century, the concept of the American Dream seems to be completely inseparable from the image of the United States (Li, 2010). The idea of North America representing the business empire and the place where even the most daring and reckless ventures turn out to be a...
Purpose of Cost Allocation in US Corps of Engineers Even though US Corps of Engineers is a branch of US federal government, there is the need for cost allocation for deriving an equitable distribution of the project costs among several projects authorized to be executed. In addition, there are legal...
Introduction Taxation is known to be one of the most popular channels of raising money to fund government operations viewed to be of the common good of all citizens. Governments all over the world tax various economic activities depending on the circumstances facing the country. Some of the common areas...
The COVID-19 pandemic had an unprecedented impact on the world, creating a global shock never seen before. The lockdown, disruptions, and closed borders negatively impacted an interconnected globalized economy. There were simultaneous disruptions to both supply and demand elements of the economic curve, sending the health of the overall market...
Companies face significant challenges from different angles as it was noticed due to political instability, economical remedies, and recently due to coronavirus pandemic. Despite the fact that various issues present a threat to organizations, they can successfully manage the situation and become more efficient. Human Resources Management (HRM) aims to...
Introduction Currently the cases of financial crisis especially in banks have continued to increase hence raising attention of many people as well as governments and business organizations. It is because of the increased financial crisis that there is need for more attention and focus on the proper corporate governance of...
The instances of rapid economic growth and the resulting business development are always inspiring and filled with essential lessons to learn. The East Asian economic miracle is one of those scenarios, with its stupendous rise in profitability of organizations located in the region representing a combination of external and internal...
Assessing the reasons behind store closings can highlight important industry trends and market changes. In the selected article, Stebbins and Sauter (2018) show that all of the retailers chose to close their stores to reduce expenses. Another similarity between the businesses is that the products they sell can be purchased...
Introduction When operating a business, managers constantly adapt to the changing market factors to further satisfy the customers’ needs. A group of both current and potential customers is called the target market that also changes over time. Thus, managers continuously accommodate and adjust the marketing mix, which consists of the...
The issue of global imbalance is one that requires to be addressed in an urgent manner. Up to now, the IMF and the World Bank have tried their best to contain such an imbalance, but the prevailing global economic crisis has acted to reveal the extensive structural flaws that exist...
The article under consideration deals with the issue of excessive trading on the world markets. The author attempts to test the hypothesis that the investors trade too much due to their overconfidence in the information about securities. Other researchers are supportive of the idea that excessive trading may take place...
Introduction The government undertakes the implementation of various public policies most of which are aimed at protecting its citizens. Taxation is one of these public policy measures that are used by the government to control harmful behaviors of individual or organizational consumption. About controlling individual consumption of substances that can...
Globalization has significantly affected the world trade and left many economies struggling to find the spheres where they could be profitable. When countries decide to produce certain products and choose the industry that is worth investing in, they employ the theory of economics, namely the concepts of absolute and comparative...
Many people disagree on the subject of the true meaning of the term “tight pants.” This issue makes it difficult for companies to make new models, and for this reason, Dugnutt provides an article where he discusses different opinions on it (Dugnutt 1). Despite the fact that the influence of...
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...
Discussion The audio files suggested for listening and analyzing enlarge on the problem of financial crisis. Here, it is possible to see the apparent link between the financial crisis and globalization upon their closer consideration. In particular, the first audio file titled as Another Frightening Show about the Economy presents...
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...
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 social division of labor is the distribution of types of labor among particular social groups aimed at producing complete commodities. Each social group in a traditional society has specific tasks, such as the creation of a certain type of product. Braverman gives an example of the division of labor...
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...
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...
Description of ECY Cash Flows The cash flow of the company has problems, which are indicated by the increase in accrued expenses. For example, the value of expenses not yet paid for increased from $417300 in 2016 to $6,123,200 in 2017. An efficient flow of cash should be characterized by...
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,...
The Consumer Product Safety Commission (CPSC) is a regulatory agency that seeks to eradicate risks and injuries caused by consumer products. The organization directly relates to the concept of regulation since it designs and issues different standards concerning various goods to prevent them from being potentially hazardous. The CPSC also...
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...
The World Trade Organization (WTO) is one the most vital parts of the modern trade. It is an intergovernmental organization, regulating sales across the world. It has a long history, which can be traced back to 1947. Providing a forum for negotiating agreements the agency is responsible for the world’s...
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...
The phenomenon of deficit is a rather straightforward one, implying the lack of financial resources and suggesting that the current approach toward spending and resource management could use improvements. Traditionally, two types of budget deficit are singled out; these are cyclical and structural ones (Long, 2018). Applying the specified taxonomy...
The concept of offshoring is known quite widely in the modern economic environment, yet very often frowned upon as a tool that may lead to significant financial complications. In the context of the U.S. economy, two main problems with offshoring appear to lie on the surface. The first one can...
The first article selected is “The Great Recession: A Self-Fulfilling Global Panic” by Philippe Bacchetta and Eric van Wincoop. The scholars explain that as long as there is minimum integration between two economies, both will be significantly affected when one falls. Bacchetta and Van Wincoop’s (2013) argument is based on...
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....
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....
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),...
