2451 samples of this type
State-of-the-art of the UK startup market Recent historical market trends for startups in the UK In spite of the ongoing global financial turmoil and economic challenges faced by Europe, for years, the business environment of the United Kingdom remained not only stable but also positive, forward-looking and open for business....
Introduction The inequality in financial matters, socioeconomic policies and the public domain has become a global concern. Russia has moved from the Soviet era of populism to abject poverty and extreme riches. The fast financial development that Russia has encountered in the previous decade did not cause any change in...
The modern world in its social, political, and economic manifestations has gone through a series of ideological changes throughout centuries of its existence. Overall, the search for an ideal type of government has always been a never-ending process due to the evolution of thought and constant willingness to change the...
The first post-war most prolonged recession occurred in December of 2007 and came to an end only in June of 2009 and received the name of the Great Recession. Apart from its continuance, the Great Recession was ponderous in many aspects. The global crisis led all the financial markets and...
Introduction Cross-border investment has become a popular approach to expanding the market share in the current competitive business environment. According to Shenkar et al., advancement made in the fields of transport and telecommunication has made it easy for firms to explore new markets (52). Venturing into new markets requires an...
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 Crude Oil or petroleum, as we all know is the world’s most robustly dealt commodity. In her book Oil: The Economics of Fuel, Joann Jovinelly emphasizes the importance of this source for the whole world and the USA in particular (2007). It is extracted from the earth through oil...
Introduction The field of leadership is one area of academic research that has evolved and fundamentally shifted its paradigm. The understanding of effective leadership has progressed from the orthodox transactional epoch point of trait, behavioral and contingency theories towards the existing leadership paradigms of charismatic and transformational leadership. This report...
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...
Hegemonic stability theory Hegemonic stability theory draws its ideas from the realist, liberal and historical, together with the structuralists views. It is often regarded as a hybrid theory. It emphasizes that for an open and balanced international system to be met there should be a sole dominating or hegemonic nation,...
Introduction The objective of this chapter is to describe the methodology employed by this study to collect and analyze data. Reyes (2004) recommends Watkins’ (1994) research methodology, which involves seven steps: novelty of the problem; investigator’s interest in the problem; practical value of the research to the investigator; worker’s special...
Introduction Internal control is a vital process because it gives reasonable assurance about the activities of a company and compliance with laws and regulations. Control activities seek to minimize the risks that companies face. The management often comes up with internal control measures depending on the risk level of each...
Most countries have a free market economy. The market forces of demand and supply determine the price of various products in a free market economy. There is usually very little interference from the government or regulatory bodies. High demand and low supply lead to a rise in the price of...
Abstract This paper is based on the topic of Corporate Social Responsibility (CSR). It explores the topic through an analysis of a company selected from the database of the world’s most ethical companies. One of the issues which are discussed is how the company behaves in a socially responsible manner...
Article Discussion The article Advantages and disadvantages of IFRS compared to GAAP by Anna Jordan aims at giving a complete picture of the ongoing switch to the new reporting system in the United States. While the author does not summarize its statements or try to weight the listed arguments and...
Introduction Critically review (i.e from academic, commercial, governmental and other relevant sources ) to support the view that the process of Globalisation is likely to have the significant impact upon the competitive environment of the mobile communications sector for the near future. What is Globalisation? Globalization can be defined as...
Introduction Economic integration makes international trade easier through the removal of trade barriers and tariffs. With economic integration, good and services, labor, and capital find their way in the country where they can be put into maximum use. Increase in mobility of factors of production faces some negative challenges especially...
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...
Introduction Governance in the community must be performed through institutions that dictate the specific behaviour of the people and groups of people in the community. The power held by specific institutions depends on the mandates that they are granted by the law and their ability to compel other organisations to...
Neoclassical Neoclassical economic school of thought emerged in the early 1900s from what is known as the Marginal Revolution. It was a response to the Classic economic theory which did not accurately reflect items on the market. Ideas began to form which based value on the relationship between a buyer...
Introduction Background The banking sector remains one of the most important industries that have a significant impact on other industries within a country’s economy. According to Cornée, Karmi, and Safari, the banks provide finances needed by other sectors to run normally (498). They provide a platform for trade among large...
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...
Economic The 2008 financial crisis had had greater effect on the housing industry. However, in 2010, the industry has regained its normalcy of recording positive revenues. Following the re-structuring that characterised the industry in 2009 and 2010, the available data indicate that the turnovers of the top firms rose by...
Introduction The world is fast becoming a global village, seemingly smaller than it was a decade ago. This scenario has resulted from the development of trade and transport systems, thus making it conducive for movement of people, goods, services, and ideas and creating diversity in social, economic, political, and cultural...
The Japan-US relations have been a complex issue for a long period of time. The problems based on the idea of the American military bases on the territory of Japan, Okinawa in particular, caused a number of discussions as it had a certain impact on the country’s economic and political...
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 Growing income inequality in advanced countries has drawn more attention to and concern due to the widening gap between the wealthy and the poor. This essay will examine the various reasons for income disparity to argue that these causes have come together to create a system that has enabled...
In the process of a long evolution, all countries have established the predominance of the market economy as the basic and most efficient form of economic management. It is based on commodity production, which is possible due to technology. Market economy assumes the production by individual, isolated producers specializing in...
Introduction Real GDP Refers to every financial activity done by the government, including consumption, investment, and transfer payment. Each form of public spending is dependent on the availability of government revenue. Most governments use different approaches, such as taxation, to generate revenues (Moore & Prichard, 2020). While some obtain it...
Introduction Economic relations are an essential part of human life and have a significant impact on both entire states and individuals. It is impossible to abstract from interaction with other subjects or isolate from them. For several centuries, the circle of these relations has been closely studied to identify patterns...
Introduction “Rich Dad, Poor Dad” was written by Robert Kiyosaki and aims to teach people the tools of financial literacy. The narration is based on the experience of the author, who watched the lives of two fathers who had different views on money. Much of the book focuses on various...
On October 24, 1929, Black Thursday, a series of bankruptcies on the stock exchange ended the general fun and lightness that reigned in the United States in those years. On Black Monday, October 28, the Dow Jones Industrial Average fell nearly 13%. The next day, Black Tuesday, the market fell...
Introduction The history of banking began around 2000 BCE in Assyria, Sumeria, and India when wealthy families kept gold and silver coins in their homes. However, in the U.S., the banking system was started in 1782, where the first real bank was chartered in the then young republic. Hiding of...
Introduction Bitcoin is an online version of cash and can be used to purchase products and services from retailers and merchants who accept them. There are several ways of using bitcoins, and the variety of options makes it favorable to many. Bitcoin provides peer-to-peer transactions and encourages society to appreciate...
The vast majority of cargo in Europe is transported by land. Roads are used to move about 70% of all goods transported on land (Wiegmans ET AL., 2018). Over the past few years, there has been an increase in the variety and volume of goods shipped to and from Europe,...
Introduction The French socio-economic model’s specificity is the state’s traditional high role in the economy. After the Second World War, indicative economic planning and a comprehensive social protection system were created, and by the mid-1980s, as a result of three waves of nationalization in 1936, 1945, and 1982 the largest...
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...
The most popular method of forecasting exchange rates is called the theory of purchasing power parity (PPP). The PPP principle is based on the theoretical “law of one price”, according to which identical goods in different countries should have the same price (Jabbie & Jackson, 2020). For example, according to...
Benefits of Using Credit Cards One advantage of credit cards is that they help in building creditworthiness. Information about credit card usage is obtained by card companies and relayed to credit bureaus. If a person uses their card responsibly, it will enhance their credit score. Secondly, credit cards provide one...
Demand and supply of a product change considerably depending on various market factors, like price and customer preferences. When the doctor encourages people to take apples to lower cancer risk, many people will change their fruit preferences and opt to take more apples, considering the increased cases of cancer around...
Introduction Banks in the United Kingdom are generally associated with the Big Four and the traditional banking and financial accounting approach. However, since 2015, applicant banks have been actively obtaining a license, often without physical offices to serve clients occupying specific niches in lending, clearing, mortgages, and business financing (Blomstrom,...
A phenomenon that gathered speed after World War II, globalization has tremendously impacted the international economy, society, and culture by enabling greater interconnectedness and cross-border exchange of people and ideas. Globalization is a complex phenomenon that has benefited developed countries economically while unfairly distributing wealth to underdeveloped nations and disenfranchising...
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,...
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...
Tension / problem / practical The topic of black tax has particular disturbing importance for me. My story starts in my motherland, Zimbabwe, in Matare. In my childhood, I realized that proper education and well-paid jobs should be available for all people, regardless of their status, blood ties, and opportunities....
Globalization is the process by which the globe becomes increasingly interconnected due to the exchange of commodities and services, information, knowledge, and cultural values. Its profound effect can be assessed both positively and negatively. On the one hand, human rights are violated due to globalization. Because of globalization, farmers earn...
Introduction The concept of globalization closely links to the interchange of ideas and cultures across different communities. Food preparation methods vary from culture to culture, and until now, each community has been known for its distinct cuisine. People may now move throughout the world more quickly because of globalization. One...
Introduction Former Californian governor, Jerry Brown, is famous for this quote: “The minimum wage has not kept pace with rising costs”. Within the past two decades, the United States has witnessed an increasing population. Most of the country’s citizens continue to encounter numerous challenges, including rising costs for primary goods,...
General development classes are very important for the mental education of young children. During classes, a child gains important qualities necessary for successful cognitive development. However, not all parents are ready to dedicate much time to teach their kids. Thus, numerous early education centers have developed special programs that help...
Introduction Reform strategies, including abolishing price restrictions, deregulation of capital markets, reduction of trade-based barriers, and commercialization and austerity, are examples of neoliberalism today. Mexico, Canada, and the U.S. came into agreement with the North American Free Trade Agreement (NAFTA) in 1994. The free-based trade agreement went into effect on...
Punjab Nation Bank Housing Finance Limited has experienced stagnant growth since its incorporation with other partners in 1988. It has been experiencing different challenges that led to the low rates of market share. The company had a small loan portfolio which resulted in its low performance. The bank also had...
Vehicles and automobiles are one of the most fundamental imports of the USA. The number of cars transferred to the country from abroad has increased in the past decades (Samuels, 2019). The USA is one of the leading net importers in the world of goods and has become the world’s...
Market failure occurs when there is a misallocation of scarce resources through underproduction or overproduction leading to a less optimal result. In the case of externalities, there is a side effect that is generated from economic activities and yet fails to be reflected in the pricing of commodities. Resultantly, there...
Taxation for junk food has many supporters and an even bigger audience of opponents. Supporters of this initiative declare the health benefits of potential consumers of junk food and select the most optimal taxation methods, such as excise or product tax. Scientists and experts are proposing introducing the tax at...
Analysis of social processes is governed by the idea of globalization in modern science. Globalization today is the determining factor in political, economic, and cultural development. It encloses the most important economic and social evolution processes that accelerated modernization, cultural change, and economic growth. Moreover, globalization innovates new issues and...
Introduction 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...
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...
Evian drinking water is a sort of bottled water produced by the French company Evian Inc. As mentioned by the producer, water is collected from the French Alps consisting of naturally occurring electrolytes and enhanced with zinc and magnesium. Water costs $12.53 for six one-liter plastic or glass bottle. As...
Summary Research Background The recent focus on the use of the available resources in order to produce NPK fertilizers has opened the door for Nigeria o enjoy multiple opportunities for attracting investors from overseas, thus, allowing the state to support and maintain its economic growth. Due to its recent foray...
Introduction The consumption of goods is a complex process that includes many variables influencing it. The customer’s decision towards one or another product differs depending on his or her level of wealth, the increase or decrease of the inflation, and the level of interest rates. All of the mentioned factors...
Introduction Inflation measures how expensive a particular category of goods and services has become in a certain period, usually a year. It is a rate of increase in commodities prices over a certain period. It is usually measured broadly, such as the increase in the cost of living or 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...
Executive Summary Two mobile phone customers are analyzed in this report. One consumer A, purchased Samsung Galaxy S21 5G to replace Samsung S7 after losing his previous phone. Customer B purchased iPhone 12 Max as an upgrade from iPhone 11. Customer B has a habit of upgrading to the newest...
These days, capitalism prevails in the world, the main goal of which is to make money. At the same time, annual inflation is also relevant, forcing the prices of products and other services to rise. Some goods are recognized as necessary for normal human existence, and therefore the state has...
Introduction According to the American Gambling Association, most American voters believe casinos help strengthen their communities and improve local economies. – Lim and Zhang. Growth and Change. For each country, economic development is one of the most important areas of activity. Thus, the state applies various measures to improve this...
Abstract The present paper provides an analysis of American Express to make predictions concerning the success or failure of the company in 2021. Despite the unfavorable macroeconomic situation in the world, American Express managed to stay profitable even during the time of the pandemic. Even though the company’s total revenues,...
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...
Introduction As time goes on, the world population increases, as well as the demand for clothing. This demand is expressed not only in a necessity for clothing as a way to conceal or cover one’s body but also as a statement and a pipeline to provide joy. This essay discusses...
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...
Executive Summary Australia, much like other countries around the world, was severely affected by the effects of the Covid-19 pandemic. Before 2020, the nation has experienced moderate rates of growth and development, accentuated by slow trade rates and a general calm period. However, with the regulatory measures brought upon by...
Introduction The level of international trade and associated economic activities have expanded in recent years, hence, greatly influencing the global economy. This phenomenon is attributed to augmented transportation, communication, technological connectivity between countries, increased mobility of financial assets, and factors of production. These underlying factors are believed to have resulted...
Introduction The economic recession has a variety of negative repercussions on the economy, including increased unemployment, weak economic development, and reduced investment, among other things. To deal with a recession, many economic techniques are frequently employed. A recession also denotes a considerable reduction in general economic activity, largely a consequence...
There are many valuable techniques and tactics that markets widely accept when deciding how to charge prices for their goods or services. One such tool is known as price segmentation, and it is the second most powerful and used pricing tactic that, however, is not considered entirely fair by some...
Introduction The great depression of 1929 was preceded by a number of economic, social and political events. In Germany the depression was considered as the turning point of the economic and development jurisprudence. A historical interrogation of Germany between 1880 and 1933 presents a better understanding of this claim. Argument...
Introduction This report concerns an analysis conducted by Diligent Consulting Group on behalf of the Loving Organic Food Industry. The consulting group wanted to establish the motivation behind customers’ purchasing habits. The survey targeted 200 customers within the market segment, out of which 124 gave their responses. The information included...
Various firms and households make savings and investments that influence the economy in general. Planned savings and investments are the amounts that the companies intend to save or invest during a given period. Actual savings and investments are the quantities that are retained and invested during a specific period. These...
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...
The 2007-2009 global financial crisis was an unprecedented economic disaster which affected many countries simultaneously and led to a global recession lasting for years. The crisis was triggered by the proliferation of high risk-financial products connected to subprime mortgages in the context of a deregulated environment. The Great Recession put...
The IT market includes everything related to computers and the network. This industry is one of the fastest-growing in the global economy. It has a significant influence in the developed world and connects many essential aspects of life, such as the economy, government, and society. A person encounters the subjects...
Globalization is an ambiguous process with its advantages and disadvantages. It is impossible without significant changes in the ordinary life of people. Globalization even affects such processes as training and the development of additional skills to work in the field where changes are taking place. This process aims at changing...
Introduction Brand-new technologies have become a critical element of the labor market and its working operations. They make it feasible for organizations to automatize the production process so as to increase the level of output and overall performance. However, with the introduction of machines, manual and routine tasks previously operated...
Introduction The Socialistic Republic of Vietnam is a developing country that demonstrated tremendous economic growth during the past 30 years. The economic reforms started by Đổi Mới in 1986 had massive success, turning the country from one of the poorest nations to a lower-middle-income country (World Bank, 2020). Its GDP...
An overview of New York City New York City is one of the most populated cities in the United States of America. It is a city composed of many different types of people. As such, the population of New York City comprises the original inhabitants of the city in addition...
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 Modern society tends to substantially develop itself within the scope of discoveries, technical achievements, and improvement of social relations. Moreover, in the scientific dimension, discussions are no longer merely about the gradual transformation of historically established conditions, traditions, and trends. It is about the attainment of the so-called sustainable...
The market balance is fragile and influenced by many factors. There is the fundamental economic law of supply and demand, which explains how these two economic quantities affect each other and how they shape the prices of goods and services. According to the law, prices fall when supply exceeds demand...
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 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...
The current trends and challenges in customer service can be seen in a wide range of areas. The given analysis will primarily focus on customer experience, interfunctional coordination, and customer engagement. Each notion plays a vital role in advancing the overall utility of customer service, where both technological and conceptual...
There has been a lot of discussion concerning the positive correlation between the minimum wage and unemployment rates. Economists debate on the nature of these two notions and create contradicting arguments. The purpose of this paper is to analyze the impact of the minimum wage on unemployment rates in general...
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...
COVID-19 is an infectious disease that was first identified in the United States in January of 2020. One of the main issues for banks is that a large number of clients, borrowers, and businesses are currently facing hardships such as job loss, slowed sales, and a decrease in profits. Due...
Executive summary Stakeholders can be defined as people who are interested and directed by a business’ actions. They stand to either lose or gain from a business’ operations and many times influence its decisions. A business’ stakeholders include preferred and common shareholders, creditors, manufactures of its products, employees, suppliers, customers,...
The issues of globalism and nationalism are essential for modern society. Multiple researchers of globalization focus on examining its products, phenomena, and the actual processes in which globalization is manifested. They barely touch upon and illuminate the essential question about its real sources and driving forces (Steger 21). This especially...
Nowadays the phenomenon of globalization can be described as a dominating power behind major political, business, and sociological developments all around the world. From day to day global economy, politics and culture become more and more autocratic in every land. The process of globalization inevitably affects governance all over the...
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...
Introduction Real estate refers to land and improvements done on it such as the erection of buildings, digging of wells, and construction of fences. Generally, the improvements have to be immovable or permanent (Case 1992). Countries worldwide conduct real estate businesses in different ways. The way the industry is conducted...
This article is about the major challenges that face Long Island and the various issues that accompany these challenges. The author of the article is Martin R. Cantor a director at the Long Island Economic and Social Policy Institute at Dowling College. The article focuses on transport, taxation, education, poverty,...
Introduction The Global Integrated Enterprise is indeed a recent development emanating from the evolution phase that the Multinational Corporations (MNCs) have gone through. It is also imperative to note that the process of globalization has been necessitated by MNCs as the primary catalyst. Hence, MNCs are better acknowledged as global...
Hong Kong for some time now has been under the land supply limitation policy adopted by the government. The limitation of land sully has had a great influence on the real estate industry and the economy of Hong Kong as a whole. This paper examines empirically the effect of land...
Introduction In the broken window fallacy, we see the baker losing the window in which he has to part with some fifty dollars to repair it. This loss incurred by the baker turns out to be a gain by some glazier, thus boosting the glass business. This implies that a...
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 The theory presented here by the work of Modigliani and Miller has been one of the defining works of modern finance and can be said to be the foundation of much of the subsequent work that has been done in the field. The whole study can be looked at...
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...
Professor Raphael Malcolm Kaplinsky is a member of the Faculty of Mathematics, Computing and Technology at The Open University, Walton Hall, Milton Keynes. Born on 31 December 1946, he is the author of a number of books and research papers on the subject of technology, industrialization, and globalization. These incorporate...
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...
1. Top Choice Investments have given you £2,000,000 to invest for them. The funds can be invested in one or more projects. These projects are all indivisible. The investors require a minimum return of 25% and they are high-risk takers. Details of the projects are as follows. Correlation coefficients between...
Introduction Household production is the making of services and goods by the members of a household, for their own consumption, using their own capital and their own unpaid labor. The household production goods include food, clothes, beddings, dishes etc. Despite the fact, on average more than eighty percent of women’s...
Introduction ASEAN Free Trade Agreement (AFTA) opened new opportunities for Eats Asian countries to stabilize their economies and improve the financial performance of the region. ASEAN is a major player in geo-economics in Southeast Asia. It has a history of its own. Since 1967 its leaders have enjoyed a high...
Introduction Transnational corporations make a great contribution to globalization issues and development of the global industry structure. TNCs change the world brining information technologies and methods of buying to development countries. They support information and goods exchange and promote new life styles nad new values. TNCs are associated with concentration,...
Abstract The nature of development and its primary concerns vary from time to time. The issues that were considered as most significant in past may not be a part of today’s key concerns. As the world crosses the premises of a new millennium, the nature of global development has considerably...
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...
The current financial report indicates that the Clayton facility faces losses; however, according to the market analysis and current contract activities, the issue is temporary. From the company’s standpoint, the Clayton facility should continue to operate, as it is the only division in the area, which can conduct financial operations....
Economic development varies from one country to another depending on the nature of economic and non-economic factors. These factors determine the quantity of goods and services that a country generates in a given period, as well as the trend of the real gross domestic product (GDP). Capital, technology, population, and...
Introduction The presented paper aims to analyze the implications of China’s trade policy for the global economy. The significance of the topic is determined by the fact that China has become one of the largest trading powers within several decades and plays a vital role in the world’s economy. The...
Theories of value by Adam Smith and David Ricardo explain why goods are exchanged for certain amounts of money in the market. Both theorists stated that labor is the basis of all value and that the value of a good can be estimated by the number of labor hours needed...
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 Issue Divorcing a strong and powerful economic community is a rather controversial decision that will inadvertently cause significant internal and external conflicts for any state. The case of Brexit proves that the refusal to be a part of the European Union (EU) is fraught with serious consequences that...
Introduction No business operates with infinite amount of resources. All production eventually faces the issue of scarcity related to employees, equipment, materials, and other related costs. Determining optimal operations capacity in regards to costs is paramount to minimize expenditures associated with production and maximize profits in short and long-term perspectives....
Abstract In the banking sector, where intense competition is experienced, it is hard for the banks to survive and sustain the efficiency of their competitiveness. They struggle to survive through different strategies they adopt and the directions they prefer. The intense competition recently observed in the banking sector introduced novel...
WACC What role does the cost of capital play in the overall financial decision making of the firm’s top managers? There are different sources of funds that could be accessed by a company to manage its various business activities. These may include funds obtained from either operating activities or non-operating...
External factors such as Consumer Price Index (CPI), consumer behavior, and inflation rate play a very important role in stimulating economic growth. For instance, the rate of inflation of a given economy will affect its growth since a high inflation rate may lead to low economic growth. Though internal factors...
Introduction Muhammad Yunus, Nobel Prize winner, is the founder of the Grameen banking system; he had the aim of elevating poverty through financial empowerment of the poor in the society. The idea is moving fast in developing and developed countries. This paper discusses various aspects of the Grameen banking system....
Selecting a foreign market The ability to select a viable foreign market is a crucial undertaking whenever there is need to expand and diversify operational strategies. Before expanding to foreign markets, it is vital to consider the level of demand for products being marketed by an organization. Market demand is...
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 The shape and structure of most modern markets are shaped by market power and competition. Market power stands for the strength of a company or a product in a particular market. All companies seek to increase their market power, which results in competition. In economics, the four Ps of...
Gross Domestic Product (GDP) is considered an indicator of the overall economic wellbeing of the country. It should give a representation of the general welfare of the nation as the higher the level of production, the higher the country’s well-being. However, GDP does not reflect the social state of the...
Abstract This paper is a critical analysis of the 2015 journal article “Effects of consumer embarrassment on shopping basket size and value: A study of the millennial consumer” by Bridget Nichols, David Raska, and Daniel Flint. The paper is divided into four sections, viz. the introduction, summary, critique, and conclusion....
The entry strategy chosen for Emaar is FDI or foreign direct investment. This strategy was selected due to the specific economic state of Kazakhstan, which will supposedly soon enjoy steady economic growth but remain to be a developing country. For Emaar, a company that is present in more than 30...
Introduction Purpose and context of the report The prime principle of globalization is featured by the interconnected holistic phenomenon. Due to globalization, the world has become a village in terms of politics, economic endeavors, and cultural interaction. Understanding the position of globalization in the Canadian society requires critical analysis of...
Introduction New institutional economics which emerged in the 1970s, became a basis for the economic reform and the development of the contemporary economy. It gave birth to diverse theories that outlined the reforms and conditioned the future of the economy. The current paper reviews one of the famous institutional theories,...
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...
Introduction The Microsoft Corporation stands out in its market position as the number one supplier of computer operating systems whereas the company holds a significant market share worldwide. In the course of its operations, Microsoft has faced legal problems in connection to its monopolistic tactics. In 2003, a United States...
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...
Executive Summary The finance market is made up of different institutions that play different roles that are complementary or totally different. Whenever businesses require more money that they do not have, they are entitled to borrow from other institutions without forgetting that they are profit making organization. Different financing options...
Introduction The concept of fair trade is typically viewed as beneficial to buyers. Indeed, the very concept of fair trade implies that no overpricing should occur when carrying out essential financial transactions between the suppliers and the producing companies (Delgado 2013). Therefore, the phenomenon of fair trade encourages sustainable development...
Introduction The trend that appears one of the most significant for organizational and societal future on the global scale is circular economy. Simply put, it is a mode of production that makes the most use of recycling, eliminating waste and reusing it in a fashion that can be described as...
Introduction The period of the 1840s in the history of the economic thought is characterized by a significant controversy observed between the Currency School and Banking School. The debate influenced not only the British monetary system but also the approaches to the monetary policies in the United States (Block 15;...
Introduction Before, investing, it is important to evaluate the risk-return profile of an individual security and entire portfolio. Further, when selecting a stock to include in a portfolio, it is important to take into account the concept of diversification. Diversification lowers the overall risk of a portfolio (Brigham & Michael...
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...
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)....
The national Australia bank has many programs which help it to adhere to the ethical regulations which govern all businesses in Australia. For example, in 2004, the bank launched a customer relationship management system which enabled it to win the Cap Gemini financial innovations award in 2006. It also launched...
There are various definitions and assertions as to what constituted the transition period. According to Marx, the transition period was a time when the means of production was brought into common ownership by the working class using the power of the state. In other words, it was a period when...
Introduction Economic theories of the past have shown that they still have a positive impact on the improvement and development of the modern society. Economic theories have greatly facilitated the growth of societies by assisting them to reach their current state of being informational societies which have consequently become global...
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...
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...
