2483 samples of this type
Introduction Fast-Moving Consumer Goods (FMCG) are products that are sold quickly and at a relatively low cost. According to Veselova (2022), common examples of FMCG include food items, beverages, toiletries, household cleaning products, over-the-counter medicines, and other consumer products. These goods are usually purchased with the intent of daily use...
The worsening shortage of resources is one of the true underlying causes of the escalating and latent maturing local, regional and global problems of the new millennium. The existence or absence of the necessary natural resources directly affects the living standards of earthlings, the prospects for the socio-economic development of...
Executive Summary Globalization is a term used to describe the increasing interdependence and integration of national economies. Local economies could suffer if globalization has the opposite effect of helping developing countries. This paper investigates the impact of globalization on China’s aviation industry. The report covers a wide range of topics,...
In the past years, South Africa has registered several cases where public resources have been used for private gains and increasing favoritism that makes the majority of qualified and experienced citizens unable to secure job opportunities. Based on the report findings of the Zondo Commission and Crimewatch, the issue is...
Money is one of the vital tools in society; this invention helped to develop trade and exchange. Many people refer to money as a physical entity; indeed, in economics, money plays a significant role in electronic exchange. Money has several functions; for example, it serves as a medium of exchange,...
Economic theory does not identify all the factors that directly or indirectly affect supply and demand. One of the main reasons for this is the assumption that economics tends to model the choices of individuals rather than represent reality, which is too complex for a theoretical representation. Consequently, it is...
Introduction This essay addresses the government through the Minister of Finance (the audience) on fiscal policy, government spending, and taxation. Although the ministry is aware of the three terms, the writer pulls the three phrases by helping the government recognize their roles in promoting growth and employment. Government expenditure relates...
Introduction In the shipping industry, there are four inter-linked markets which relate to each other in various capacities. For example, the transportation services being offered in sea transport are dealt with in the freight market. Ships that have been newly built and are being ushered into the market for the...
For the benefit of the incoming administration, I submit this report to document, analyze, and interpret the macroeconomic policy decisions I made as the chief economic policy advisor of Econland. The purpose of this document is to further our national prosperity by deepening our understanding of the relationship between macroeconomic...
The decline in stock production in market in October 1929, which was accompanied by calamity, resulted in numerous Americans suffering from economic declines. Millions of people ended up losing their job, which was associated with a reduction of their incomes. Moreover, this led to a reduction of learning period in...
Introduction The concept of global citizenship represents the idea that an individual can possess extensive knowledge revolving around what goes on in the wider world. Therefore, sustainable and equitable action is taken by global citizens to improve the wellbeing of all people across the globe (“Globalization at a crossroads,” n.d.;...
Introduction “Note on Comparative Capitalism” outlines the opposing concepts of liberal market economies (LMEs) and coordinated market economies (CMEs) which refer to the structures of capitalist systems. LMEs incorporate the focus on competitive markets and the close relationships of their actors (Clayton and Henderson 2015). CMEs, on the other hand,...
Introduction The book, The Donut: A Canadian History, narrates how the donut became Canada’s unofficial national food. In connection to this, the author gives a strong affidavit explaining to the reader the reasons why the donut is connected to Canadians’ lives now and its merits and demerits on the citizenry....
Michael Porter’s Theory of the National Competitive Advantage of Industries MichaelMichael Eugene Porter has written over 20 books and other works that had a significant influence on the world of economics. In the 1980s, he published his article Competitive Advantage, which shortly revolutionized the field. However, his fundamental work, The...
Summary The following paper provides a thorough study and report on the current business situation that was heavily influenced by the coronavirus pandemic in 2020. First of all, the researcher presents an issue while talking about it became extremely difficult for small businesses to grow further due to many restrictions...
Introduction The mixed economy contains the characteristics of three other models: traditional, market, and command. The definitive version of it is supposed to include the best options from these systems in order to make the living comfortable for the private sector, the government, and the nation. However, in the modern...
Today, most of the countries do not possess pure capitalism but a mixture of free market and governmental regulations of the businesses. Owning a business in a mixed economy structure can be very challenging due to government intervention in the economy. In contrast, operating a small business in an ideal...
Abstract Despite many attempts to control the escalating global fuel prices, the efforts have proved to be fruitless. This study proposal examines the history of fuel prices, how they have changed over the years and the subsequent effects that are likely to come along with these increased fuel prices. The...
Introduction Economic recessions are particularly troubling times for economies where growth is halted, incomes are lost, and households fail to afford products and services. A recession can be described as a tipping point in the economic cycle where an ongoing growth at the peak reverses and changes into an enduring...
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...
The U.S. stock market crash of 1929 initiated the Great Depression in October of 1929 though this one event was caused by external sources and was not solely responsible for the most devastating economic collapse in American history. During the decade-long depression, many lost their businesses, jobs, homes, savings, and...
Introduction The article under study is a report by Chris Isidore titled “Auto Sales Plunge” dated July 1, 2008 (Isidore, 2008). The car market which includes SUVs and pickup trucks has been facing a decline in demand in the US automobile market. The essay discusses the reasons for the shift...
Introduction The history of banking dates back to Ancient Greece and the Roman Empire. The first prototypes were created by merchants around 2000 BC in Assyria and Sumeria. During the Roman Empire and in Ancient Greece, banks were primarily based in temples. Lenders accepted deposits, issued loans, and changed money....
Introduction Changes in prices of goods and services are triggered by shifts in demand and supply. In other words, prices of goods are determined by the interaction between supply and demand. Market equilibrium occurs when buyers purchase exact amounts of goods sellers are willing to sell (Welch & Welch 2009)....
Summary of the book In their book, Scott Bittle and Jean Johnson discuss various financial problems that currently affect the United States. Overall, the authors focus on such an issue as the growing national debt of the country (Bittle and Johnson 4). In their opinion, this tendency has long been...
Introduction Home Depot and Lowe’s are American corporations selling various repair products. The companies occupy leading positions in the construction materials market in the USA, being direct competitors for each other. Both Home Depot and Lowe’s demonstrate high growth in revenue, EBITDA, and cash flows. These organizations are similar in...
Introduction International community development entails a detailed approach aimed at helping a particular group to better their standards of life. People come together to improve their living environment and better themselves. An example of such a project is the Grameen Bank, which aims to provide loans on easier terms for...
A Turning Point: The Discovery of Oil in 1938 Saudi Arabia is a dry country, and most of its people lived as nomadic pastoralists before the discovery of oil. The government also earned some income from tourism activities as Muslims’ pilgrimages visited the holy city of Mecca. However, the country’s...
Summary The sample product survey suggests that consumers’ values, beliefs, and senses should be considered the primary factors in buying behavior. According to the survey results, 44.44% of consumers make sure that the product is aligned with their personal values and beliefs. Furthermore, 50% of respondents considered the personal happiness...
Introduction Apple Inc. is a technology company that operates in a competitive environment and requires creativity to navigate the dynamic niche. Some of Apple’s main competitors are Amazon, Samsung, Google, IBM, and Microsoft, which leverage social media technology to build mutual relationships with customers. Investment in research and development has...
Introduction This report was commissioned by the CEO of D. M. Pan National Real Estate. The purpose of this report is to provide a benchmark price for square foot of real estate based on the statistical analysis of the real estate prices in the US in 2019. The central question...
Introduction The functioning of the national financial system is reliant on the effectiveness of the management of macroeconomic factors for the stability of the domestic market. In the United States of America, the federal reserve has been established as a tool for regulating the economy of the country and balancing...
Introduction Economics is a wide field of study, one that has produced many important and interesting theories on how society should operate. Depending on the economic conditions one finds themselves in, a variety of theories, mechanisms, and assumptions can be relied on. This includes potential explanations of the free market’s...
Income inequality is one of the significant legacies of colonialism. During the era of colonialism, colonies were perceived to be a major source of raw materials and for the industries of the developed nations. As a result, developing countries were deprived of their resources, making it difficult for their local...
Introduction Numerous experts are unanimous in stating that globalization is a leading feature of the modern world. This term denotes that numerous nations establish close economic, political, and cultural ties with one another so that physical borders almost disappear. However, globalization is not equal to global trade, which denotes that...
Introduction The global economy of the modern world forces economists to consider all of its parts, including East Asia since they influence the market altogether. As highlighted in Africanus (2018), “rapid structural changes from agriculture to manufacturing, rapid employment growth, and improvement in health and safety standards” led to the...
Trade has been the driving force of the global economy and interaction of communities since ancient times. With the technological advancement and evolution of society, international commerce is heightened. Currently, one can order goods from abroad and receive them anywhere around the world. The interconnectivity of the countries results from...
A greater understanding of the processes that govern market operations is an essential part of creating and running a successful business. The study of economics enables one to get a bigger picture of the relationships between companies, governments, and customers. This essay reviews the following topics: supply and demand, elasticity,...
Background The purchasing of a house is one of the most complicated financial decisions people make. It requires significant efforts to choose the most suitable option, taking into account all the current and potential necessities of a family. The vital point is the price of a house and other related...
Introduction Digicel and Flow are telecommunication companies that provide mobile networks and home entertainment. Digicel has covered more than 33 countries worldwide, including Jamaica, Trinidad and Tobago, Fiji, and Haiti (Golding & Tennant, 2017). On the other hand, Flow, commonly written as FLOW, is known for marketing cable television, telephone,...
This paper is a reflection of the module about the global environment of business. No doubt, such tendencies as globalization and the continuous extension of corporations are gaining popularity and have already revealed some results. In this paper, the results of globalization and its positive and negative consequences are discussed...
Abstract The customer behavior concept is the study of how individuals make purchasing decisions. It assists businesses and marketers in capitalizing on these behaviors by anticipating when and how a consumer will buy a product. It aids in the identification of factors that influence these decisions, as well as the...
To some, the coexistence of the free market and politics of a democratic nature are inherently connected and cannot exist without one another. However, in recent years, the question has shifted into asking whether the two are compatible. It is also vital to understand that both capitalism and democracy have...
Evaluate Theories of International Development International development focuses on engagement with economically deprived regions to empower its people to improve their welfare by addressing the causes and impacts of poverty. Modernization theory is among several ideas used in international development, and it became prominent in the 1950s and 1960s in...
Based on the industry report by Gambardella (2020), credit card issuers, in this case, Chase Company, earn revenue from interest income, cardholder fees, and interchange fees. Some of the industry’s costs include purchases, marketing, rent, depreciation, and wages, among others. For instance, Chase generates income from the Sapphire brand through...
In the 1960s and 1970s, a peculiar trend emerged in world social thought —dependence theory. Other variants of this trend are dependent development, dependent capitalism, peripheral development, and peripheral capitalism (sometimes this trend is called dependentism). Representatives of the scientific community of Latin America play a significant role in this...
Information technology is constantly developing, building on previous innovations, adjusting not only to market trends but also to the changing economic environment. The digital economy is a key factor in the development and rise of the global economy in modern realities. Therefore, there is a growing interest in cryptocurrency, which...
In life, people need to make a number of investments to secure their future. In some cases, they have to forego immediate gratification of needs and ‘wants’ to pay the price for a better future. For example, one may forego marriage to focus on investments meant to establish them financially....
Abstract Adidas is a multinational corporation operating in the Global Sportswear Industry. The company has recorded remarkable success in the sportswear and sporting apparel business. It is driven by the mission of being the leader in manufacturing and marketing sports shoes, accessories, and equipment. In 2015, Adidas developed an initiative...
State of Economy Japan has been known as one of the countries with the most advanced economy and the best-developed entrepreneurship. In 2017, Japan’s GDP reached $4.873 trillion, which made it the world’s third most economically prolific country in the world (Central Intelligence Agency). Similarly, other economic indicators have proven...
The market is not a constant structure, but an ever-changing and complex construct. The well-known ideals of monopolistic and competitive markets are not as widely applicable as they would seem at first glance. Monopolistic competition and oligopoly are examples of mixed market systems. In terms of output and pricing, they...
A bank is an incorporated institution, the business of which is to receive money on deposit, cash, drafts and checks, make loans, discount commercial paper, make loans, as well as issue banknotes. Banks are monetary organizations that serve the interests of their depositors by ensuring the security of the deposited...
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...
Introduction Human beings are inherently economic beings in the sense that they day in day out seek to satisfy their needs and wants by the way of producing, distributing, exchanging, and consuming goods and services. In fact, complexities of human behavior in the production, distribution, exchange, and consumption of goods...
“What we know about the global financial crisis is that we don’t know very much” Paul L. Samuelson. The historical examples of economic growth and downturns and economic theories propose different ways out and solutions to overcome the financial crisis and stabilize the economic situation in a country. I am not...
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...
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...
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...
Among the factors that define economic growth and development, human resources and unemployment are considered to be the most vital. The well-trained and educated labor force has a significant and direct effect on the economy by producing a high-quality product. However, the problem is not only in finding sufficiently trained...
Current Ratio Current ratio is one of the financial ratios indicting the liquidity of the firms over the short-term. Current ratio is defined “as a class of financial metrics that is used to determine a company’s ability to pay off its short-terms debts obligations. Generally, the higher the value of...
Introduction Modern dictionaries define luxury goods as items whose price is worth more than the functional properties of the product itself. The luxury market continues to grow exponentially. In 20 years, from 1985 to 2015, its market size grew from 20 billion to 250 billion (Global luxury good industry n.d)....
Executive Summary The report delves into the peculiarities of the current macro environment in Thailand. The rapid economic growth of the state that can be observed in the last several decades preconditions the increased level of investors attention and numerous attempts to enter the local market. However, the peculiarities of...
Introduction The concept of internationalisation emerges from an attempt by companies to expand their enterprises beyond their primary markets (Liker & Meier 2005). Although researchers rarely agree on what internationalisation entails, many of them have developed different theories to explain the process (Ramanathan 2009). Common theories include the absolute cost...
Introduction Globalization is defined as a concept that refers to expanding network of international economic activities resulting from increased movement of commodities, technology and information across national boundaries. Globalization as a process, therefore, ensures that the state retains the political role while the economic functions of the state are being...
Markets and Resource Allocation Wheelan describes the mechanisms of the modern economic world as “mind-numbingly” complex ones (4). However, they are supposed to lead to the perfectly reasonable and profitable allocation of finite resources. It is so because economists assume that all the actions of people are directed at becoming...
Brazil is becoming an economic powerhouse in the world today. This country has continued to enjoy a stable economic growth for the past 15 years (Sachs). Brazil has been opposing the industrialized world on many issues such as global warming and climate change. Brazil embraces the best economic practices and...
The issue of student debt is clearly one of the most important issues that we face today. There are many different proposals as to how to deal with it, but it seems that the best decision that can be made would be for the government to appropriate the debt of...
Introduction Rivian Automotive LLC is an American electric vehicle manufacturer producing high-end trucks and SUVs. Founded in 2009, the company is based in Plymouth, Michigan, with other facilities in Irvine, California, and Normal, Illinois (Sudian et al. 367). In 2017, Rivian purchased a former Mitsubishi plant on the west side of...
Market dynamics are based on the interaction between supply and demand. The need for a steady supply of power increases as the world’s population rises and urbanizes. The utility sector, with electricity as a good example, is crucial to this knowledge. To highlight how important the electricity sector is to...
Introduction Dermontti Dawson was a former Pittsburgh Steeler who appeared in the NFL from 1988 to 2000. Despite a successful career, he experienced significant financial issues and declared bankruptcy in 2010, having around $70 million in debt (Andrew, 2022). Overinvestment in real estate, according to his instance, is a primary...
Introduction The modern world allows people to use more than one type of money to participate in trade. Currently, cash and card payments coexist, although there is a significant trend in favor of greater use of bank cards (Boden et al.). In addition, other payment methods are developing, allowing people...
Introduction In this essay, I want to highlight the main concepts from Chapter 4 of macroeconomic principles and tell you what they mean. I believe the basic concepts are supply and demand, market equilibrium, monopoly, oligopoly, and competition. I can say that the whole economy is built on these concepts,...
In the USA Biden aims to address social problems by expanding the scope and size of the government social spending. However, such idea is highly debatable and can lead to negative economic consequences. In the article “Can We Afford a Welfare State?” by N. Gregory Mankiw, the author discusses the...
Difficult economic periods in the country have a significant impact on people and their habits and behavior. One of the most critical periods in the United States of America was the crisis of 2008, which greatly affected the life of society. The main economic consequences of this period were an...
Introduction At its core, economics deals with people’s decisions to sustain the scarce amenities available to them. Microeconomics is the subdivision of economics that relates to the choices made at a personal point. The choices made may include clients and companies that a person makes after analyzing resources, costs, and...
Regarding human rights abuses, Morocco, which is ranked 39 on the index, proposed an emergency law that denied citizens their right to movement, as well as assembly and free speech. Furthermore, the act was applied as legal protection targeting government critics and advocates of human rights. Thus, companies that would...
Introduction The political stability of any country depends on numerous factors and is vital for its further evolution. First of all, the economic factors are critical determinants of how the nation evolves and the health of the whole system. At the same time, the level of citizens’ trust in their...
Introduction While ‘some’ time has passed since 1962, Milton Friedman’s essay titled “Capitalism and Freedom” remains relevant to this day. According to the philosopher, who ascribed himself to the conservatives, the capitalist system was inherently more effective for facilitating democracy in society because it dispersed resources between individuals. He openly...
Introduction International management involves the process of monitoring business activities in different parts of the world where the business operates. It consists of studying and understanding the business environment of various countries and understanding the culture and currencies of the country where the company is operating. Business representatives in multiple...
Introduction Borders play a significant role as they regulate and facilitate the trades and movement of people from one state to another. Additionally, effective border management can allow nations to achieve a more balanced approach to border management that enhances a country’s security. Migration management is another essential aspect that...
Background The COVID-19 pandemic has significantly influenced not only individual companies but also entire industries. Among them, one of the most affected is the airline industry. In 2020, the International Civil Aviation Organization estimated that the pandemic could result in a reduction of about 1.5 billion passengers and 71% of...
The central bank of the United States is found in the state of New York and New Jersey, which was first proposed in 1913. The Bible questions (Carroll et al.,2008) the amount of American economic power that governs the nation. Three legal norms include money-related corruption, a wide range of...
In the modern world, there is a high level of competition between companies, with their pricing strategies being crucial factors that impact customers’ loyalty to a brand. The existing pricing strategies differ in their use by numerous organizations, especially in the marketing strategies of those organizations on the Internet (Ali...
Food, beverages, and medicaments are an integral part of an average American’s everyday life. Unfortunately, modern food and medical products companies can use substandard or hazardous food additives and disrupt storage or transportation conditions. Thus, public health may be at risk, and the Food and Drug Administration’s mission is to...
Walmart, one of the world’s largest retailers, owns sub-brands that manufacture products of different categories. Equate is a sub-brand that produces pharmaceuticals and cosmetic goods. Due to its affordable price and quality, Equate has stable sales of various drugs, but Ibuprofen may be considered one of the most popular medications...
Introduction Political and economic freedoms are characteristics of a democratic society that denote its capacity to participate in political processes and take economic actions, respectively. Politics and economics have been inextricably linked throughout history, accounting for the rise of some of the world’s most famous empires. The connection continues in...
It is important to comprehend the critical idea of Demand versus Quantities Demanded prior to examining different hypotheses of financial aspects. The law which is working behind the scene and conveys mostly about interest. A law which reveals to us how much interest of a customer or gathering of buyers...
Introduction According to Smith, prosperity results from human determination and self-interest. He argued that by giving everyone freedom to exchange their own produced goods, the economy would grow significantly. Correspondingly, opening markets for individuals to trade their goods to foreign countries will attract more funds to the US. Smith suggested...
Introduction The world is strongly connected and integrated, thus, a disaster in one region significantly impacts other areas. Therefore, one infected person led to a global pandemic affecting more than four million people. Such is the case that the world is experiencing now with the Covid-19 outbreak. According to McKibbin...
Introduction Purpose Statement The present report was commissioned by the chief financial analyst of the Euroland Company. The primary task was to identify three investment opportunities for the client in the banking sector and assess their financial performance during the past five years using appropriate ratios. The purpose of the...
Introduction Briarwood Medical Equipment (BME), is facing a dilemma of raising capital for its expansion needs. Given that they need to raise an amount of $250 thousand to finance the expansion and the options available, which are raising new shares and obtaining external sources of finance. It appears that they...
Introduction The review of issues concerning capital structure is defined by the perceptions expressed by various authors. In the article capital structures theories, a critical approach (2011), Brendea defines capital structure as the financial structure of a firm coupled with the long term financing used by the firm. She observes...
Introduction The purpose of this report study is to determine the reason as to why the United Kingdom decided to stand apart from the unification of European currencies as well as to determine as to whether the decision was beneficial to the United Kingdom.Also the purpose of the study determines...
Introduction Companies in stages of start-up phase and existing ones that are planning to grow both needs to find ways of financing their operations. Most businesses are started with an individual or individuals providing a small amount of equity capital from their private funds/savings and then may be a bank...
The first customer category that is likely to be interested in a laptop is travelers. Their primary interest would be portability, which all such products provide to some degree by default (Idemudia, 2018). As Muller (2020) adds, they are also interested in battery life and screen brightness, as they expect...
Introduction The public sector is the main service delivery point for most nations. Citizens obtain basic services from this crucial part of the economy. The control of the public sector is mainly by the government that is in power at any particular time. Traditionally, authorities were charged with the delivery...
The modern world is facing a myriad of cchallenges, including environmental issues, severe economic constraints, as well as global health-related threats. All these concerns fuel the discussion of the relevance and effectiveness of the economic agendas countries choose. The debate that involves comparing capitalism and socialism seems relevant these days....
Introduction Popular and emerging trends in modern times in the implementation of civil engineering projects are public-private partnerships. Public-private partnership (PPP) is an approach that has gained popularity both in developing and developed nations calling for a detailed study of the approach that is used for developing public service infrastructure....
This research article discusses the role of the bank either knowing or unknowingly in laundering the money obtained by cheating. When massive money is transferred, banks should exercise utmost caution so that they cannot be later accused that indirectly helping the cheaters to cleanse their dirty money. Banking has now...
Introduction Globalization is a vital process in the development of humankind, but its rapid spread is not necessarily a positive phenomenon. Everything in the world needs balance, and in this case, the change comes in the form of the rise of nationalism. Nationalist movements usually present a response to emerging...
Introduction Nominal anchor is the behavioral regulation used by Central Banks on the verge of alleviating nominal variables such as a country’s general price level. To be more precise, these mechanisms are adopted to check on either deflation or inflation in the country. The commonly used nominal anchors by the...
All over the world, people pay by cash in more than half of financial operations. There is a trend of substitution paper money by electronic transactions on a full-scale basis, and banknotes and coins will be of value only to numismatists. In the last decade, almost all countries have mainstreamed...
Introduction Budgeting is a crucial practice that helps to achieve goals through the efficient use of money. Planning budgets can be beneficial both on corporate and family levels. Family budgeting is crucial for improving financial well-being. First, budgeting helps to distribute family income to achieve satisfactory living. Second, budgeting helps...
Introduction Global economic competitiveness is what every country aims at, and is determined by several factors. These include the legal and administrative framework that governs a country’s institutions, economic policies, labor market efficiency, and economic innovation (Hamalainen 2003). Jamaica’s economy Jamaica is a third world country with an economy that...
Introduction NFL lockout may be regarded as one of the most prominent economic events in the world of sports in 2011. The reasons for the lockout are analyzed from various perspectives, and the economic consequences of these events are serious enough. The economic theory that may be applied for the...
Definition of market failure Market failure is an economic theory where the allocation of goods and services in a free market mechanism is inefficient. That is in the inefficient allocation, there are some players whose gains outweigh their losses while for other participants, their losses outweigh their gains. Market failure...
Introduction We start our discussion by trying to understand the Asian market as a whole. Asia as a continent that has grown in all aspects including its economy; this growth is not unique to the region but was also realized in other parts of the world. The economic development of...
Government Spending Is No Free Lunch: Now The Democrats Are Peddling Voodoo Economics The writer begins by describing the 1980 economics. He has described the current form of government spending as demand sighted. He has described the current multiplier effect as 1.0. The l Gross National Product is equated to...
This paper will throw light upon the price theory which is extremely important to understand. Demand and supply play the most pivotal role in deciding the price of a commodity or a service. The same will be elucidated further with the help of Euro star which is a fast-speed train,...
Introduction Price discrimination is the process by which a firm charges different prices to different groups of people for the same good. The firms that practice price discrimination have the market power. This means that they have the ability to raise the price of commodities without losing all demand. Such...
Introduction LRH Products is preparing to attend a major trade show event in Sacramento, CA. In order to attend the trade show various activities should be incorporated which is considered as individual tasks of a project. The activities include stocking up the collaterals, staffing the sales people, transportation etc. The...
Underdeveloped countries These are countries that have low income per capita. They experience low standards of living. Mainly, they are characterized by high population growth, high mortality rates, primitive production methods, low levels of technology and also extreme inequality of wealth and income. The Vicious circle of poverty: This is...
Introduction Globalization is influencing leadership because of the way it affects society through its processes. Because the transformations brought about by globalization are not always easy to identify precisely and promptly, they may be hard to take in and even where they are detected, be hard to cope with. Globalization...
The Gulf Cooperation Council (GCC) is made up of the countries that constitute the Arabian Peninsula except for the Republic of Yemen. These countries are Saudi Arabia, Kuwait, Qatar, the United Arab Emirates, Bahrain, and the Sultan of Oman. The aim of the GCC, which is largely political, is to...
Introduction Theories in Economics have been developed for the purpose of understanding and interpreting economic phenomena at play and which can be exploited or manipulated to enhance the economic outcome. They are also used to explain the behaviour of economic units which include households, businesses and governments. Demand theories explain...
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...
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...
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,...
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...
The minimum wage was introduced many decades ago to secure the rights of workers and ensure that employers would not make people work for extremely low wages. This standard is a common instrument utilized in many countries, including the USA. This tool is one of the measures to address the...
Introduction The demand and supply equilibrium is the basis of all commercial interactions between consumers and producers. It helps determine the price of products and the quantity available to the market. As a rule, market forces tend to serve as regulators for the fairness of established prices. If the quantity...
Introduction As far as adding to the scientific deliberation, the work of scholars gives non-specific systems to sustainable development. Such non-exclusive systems recommend that various procedures can be taken after as a major aspect of sustainable development, each of which views the idea of sustainability through various lenses, or a...
Executive Summary This dissertation aimed to examine the topic “The external environment in China and its effect on foreign beverage companies: A case Study of Pepsi and Coca Cola”. The literature review of this dissertation concern with theoretical aspects of Environmental Effect on the Strategic Choice, Chinese Policy towards the...
Benkler Article Networked Information Economy. Benkler emphasized that the networked information economy requires physical capital for profitable production. The networked information economy is very important to human freedom and human development. The economy of production and transfer of networked information in the community significantly affects the way people see that...
Executive Summary This report carries an in-depth analysis of Topshop and Matalan in order to help Caifu to choose the best company to buy stocks. The report noted that both companies are facing decreasing sales due to the deflationary crisis in the UK. However, Matalan has poor management, which has...
Introduction Corruption is one of the major causes of underdevelopment in developing states. It is viewed as misappropriation of public funds. It involves using public resources to benefit an individual. It is never accidental but intentional. The senior government officials collaborate with their juniors to deprive the public its resources....
Introduction Crude oil is a critical commodity in the modern industrial world. It is one of the most actively traded resources in the global market. The extent and volume of such commerce have their impacts on the international community, forming a reciprocal connection that both regulates and can be affected...
Introduction Finances and exchange rates play a substantial role in the functioning of the international market while ensuring the circulations of goods and services. The importance of these economic matters cannot be underestimated, as the currency devaluation caused by the fluctuations in the exchange rates could be regarded as a...
Introduction Unemployment is among the most significant challenges that influence contemporary economies. Indeed, even global economic giants suffer from the problem. For example, the 2008 to 2009 economic crisis in the US left the nation suffering from the problem of unemployment. After the recession, Rothstein and Valletta (2014) assert that...
For most intents and purposes, credit cards are superior to carrying cash. They are more compact and secure and can enable payments over the Internet. The situation for vendors is somewhat different, but credit card readers are becoming increasingly widespread. Nevertheless, many people prefer to use cash instead of cards...
Introduction The decision-making process in multinational financial structures is complex and multifaceted, including a number of steps and operations. The questions about what stages the decision-making process should include are rather controversial and solved differently according to the specific style of governance and the scope of the organization. Being one...
The “One Belt, One Road” (OBOR) initiative is a program that opens a drastically new perspective to the global communities. The essence of this program is to form, establish, and promote international partnership and development. It is to be achieved through the strengthening of the existing regional bipartite and two-sided...
Introduction It is necessary to mention that the influence of the capitalist market economy on impoverished working people is the topic that has been actively discussed over the last few years. Karl Marx and Adam Smith are two prominent figures whose works are praised and commonly studied. A contrast between...
Abstract Globalization refers to the integration of the world markets. It facilitates smooth movement of goods and people from one country to another. Globalization has numerous impacts on trade and employment. Establishment of commerce agreements enables multinational corporations to engage in foreign direct investment. The companies relocate the production processes...
Executive Summary Effective inventory (cash) management is crucial for achieving optimised supply chains and cost reductions to remain competitive and resilient in turbulent times. Retail banks must efficiently process and deliver cash to customers to lower inventory levels and reduce costs. They employ demand/supply strategies to ensure optimised replenishment of...
Standard Cost System: Introduction Standard costs are set (target) costs expected to be incurred when a company operates under efficient conditions (Drury, 2008). The main function of standard costing is to eliminate wastage of resources during operation and increasing efficiency during operation. Standard costing is generally best applied to companies...
Underlying Theme Freakonomics by Steven Levitt and Stephen Dubner is an exploratory study of economics and the manifestation of its principles in everyday life. The main premise of the book can be described with the following quote: “Morality, it could be argued, represents the way that people would like the...
The indicators used in developing the Market Potential Index (MPI) include the market size, which is based on the amount of electricity consumed in a specific market and the urban population with an aggregate weight of 25/100. According to Eizenberg (2014), economists use the Market Growth Rate (MGR) to determine...
Introduction With the endless demands that life has and the scarce resources consumers are endowed with, consumers are faced by challenges in making choices on what to spend and on what can wait for another time depending on the urgency of the need. Thus, it is important to note that...
Introduction A market structure is the number and size of buyers and sellers who are interested in a product or service. Apart from buyers and sellers involved in the market, market structures for a commodity also include the likely entrants. Because of the differing level of competition within the market,...
Ethical Failures and Stakeholder Impact in the KiKo Derivatives Crisis The case study under analysis focuses on the knock-in knock-outs (KiKos) option that was in effect in South Korea before the 2008 financial crisis. Many exporters used them, which resulted in significant losses. In particular, the case involved numerous stakeholders,...
Introduction The case study explores how the Russian invasion of Ukraine has changed global trade. Despite worries that globalization might come to a stop as a result of Russia’s takeover of Ukraine, international migration has significantly increased since the outbreak of the COVID-19 pandemic. Although a collapse of global flows...
Introduction The robust banking system is based on the strength of the leading financial organizations. Among the most well-known banks are J.P. Morgan, Bank of America, Citibank, and Wells Fargo. However, behind the veneer of success and unbreakable nature are countless scandals, undermining the reputation of each bank. From the...
Introduction The healthcare system in Mexico is a complex combination of public and private providers. The government, through the Ministry of Health, controls access to health care to a significant degree. Mexico has a universal health care system known as Seguro Popular, which was implemented in 2004 to ensure that...
Cash Flow Statement, Earnings, and Cash Flow Quality The Iconix Brand Group, Inc.’s cash flow statement offers information on its earnings and cash flow quality for the three years that ended on December 31, 2014. According to the statement, the company produced cash from its core business operations in each...
Introduction Hello and welcome. I am your host and today we will be talking about UK trade policy implications from calculating the intra-industry trade (IIT) index. This is an important matter, so ensure you listen in all through. Trading between different stock market indices or IIT is common. Most investors...
Recently, the stock market has become one of the most interesting and main instruments for investing and raising capital by companies and investors. Most companies use the advantages of stock markets to attract public funding for business development. Thus, it is important to discuss how companies and different investors choose...
General Issue Free trade is considered the predominant economic approach worldwide, with many countries subscribing to free trade entirely or partially. The idea is that through free fluctuation of goods and services, inefficient premises are removed from the market, and existing ones provide the customers with the best quality of...
Introduction Intermodal transportation implies the simultaneous transportation of a set of goods or one product through different means of transport within the same steel container. Intermodal transportation is highly effective in modern trading systems because it supports the faster and safer movement of goods over long distances. The first-paced 21st...
The successful collaboration of public and private entities within a national economy is a valuable prospect that many governments seek to pursue. However, in some cases, it is not possible to achieve fairness in market coverage, budget allocation, and other factors directly affecting capacity development. State interventions manifested in strict...
