Analysis of Islamic Banking and Finance

The primary component of Islamic Banking is that the risks of financial dealings should be equally shared between the depositor and the investor, who are bank and its customers. Contrary to the practice of charging interest on any loaned money by most financial institutions, under Islamic banking, it is illegal...

Fundamental Financial Analysis: A Case of Adidas

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...

International Trade Payment Forms

There are various methods of payment in international trade. Credit in any international trade transition is provided by the exporter, importer, bank, or a combination of these. Exporters who have sufficient cash flows can finance the entire trade cycle, starting with the production of the product by the exporter down...

Diamond-Water Paradox

The concept of the value of goods was one of the most actively discussed topics by economists in the 18-19th century. In “A Study of the Nature and Causes of the Wealth of Nations,” published in 1776, Adam Smith voiced the question that would later become known as the diamond-water...

The Role of Investments: Analyzing the Market Situation

For an investor, the ability to analyze the market situation to assess financial risks and get the most out of investments is critical. This requires careful analysis of interest rates, including for government bonds. First of all, it is necessary to remind that bonds traditionally mean securities issued by the...

Oligopoly and Monopolistic Competition

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...

The Issue of Limiting Auditor’s Liability

Executive Summary The liability of auditors has been a subject of debate in the recent past. The company law, international auditing Standards and the International Financial Reporting Standards stipulate the need for auditors work in the financial reports of companies. In addition, these bodies plus the statutory legislations of different...

The Effectiveness of the World Bank

Introduction The World Bank was established with the main aim of alleviating poverty by providing aid to developing countries. For many years, the institution has given billions of dollars both as loans and grants. However, its effectiveness has been questioned because despite the support, many countries have remained stuck in...

The Perspectives on Consumer Behavior

Consumer behavior is affected by numerous factors such as brand loyalty, its remarkableness, consumer’s income, preferences, memory, emotions, to name just a few. Talking about my perspective on the issue, I should admit that my choice is guided by the attitude to the brand. Below, I will describe more precisely...

The Important of Globalism and Nationalism

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...

How to Measure the Health of the Economy

Use of gross domestic product in the business cycle Gross domestic product is used to measure the total income and output which have been produced in a given year in a country. It’s obtained by adding all the cash inflow and outflow together so as to come up with the...

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

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

The Brief Introduction of Balance of Payments

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

Foreign Direct Investment by Multinational Corporations and Impact on Development

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

Is Globalization a Threat or an Opportunity to Developing Countries?

Introduction Through technological, economic, and social development within world economies, the resent time phenomena demonstrates a state where integration in these areas is increasingly binding countries and economies together such that the world becomes more or less a global village. Thai, Rahm and Coggburn (2007, p.2) indicates that globalization involves...

Churches in the Arabian Gulf – Arabian Peninsula

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...

The Credit Channel of Monetary Policy

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

Economics – Production and Cost

Introduction Production refers to the process of converting inputs into outputs. It is an economic process that involves use of resources in creating a good or service that is important for trading purposes. Production covers aspects of manufacturing, aspects of packaging, shipping and storing (Frank, 2004). Isoquant in economics is...

International Trade and Investment

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

Corruption in Developing Countries – a Cultural Phenomenon

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

Global Development: Core Concerns for the 21st Century

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...

Analysis of the 2008 Financial Crisis: Insights from “The Big Short”

Introduction The financial crisis of 2008 affected the economies of many countries across the globe. Many scholars agree that the housing bubble recorded in the United States between 2006 and 2007 triggered this meltdown. The discussion presented below uses the documentary “The Big Short” to give a detailed analysis of...

The Museum of Contemporary Art in Los Angeles: The Financial Crisis of 2008

Introduction The financial crisis of 2008 affected cultural institutions across the United States. For instance, the Museum of Contemporary Art (MOCA) in Los Angeles found itself financially strapped and incapable of achieving most of its cultural objectives. The absence of government support and reduced endowment gifts forced many institutions to...

Planned vs Market Economies: Differences & Business Regulation

Introduction Whereas there are diverse variations of economies, planned and market economies are considered the dominant ones. It is important to emphasize that they are contrastingly different: corporations in counties with the planned economy are owned by the government, and in-market economy societies, businesses are only regulated by state bodies....

Vancouver’s Housing Crisis and Solution

Introduction The city of Vancouver has encountered a significant problem concerning the crisis in the sphere of real estate. The prices for houses and apartments inconsistently grow to produce non-realistic costs of real estate, thus causing difficulties for the residents of Vancouver to purchase or rent accommodation. Such a critical...

Business Expansion Strategies: Analyzing Mexico as a Viable Market Opportunity

Country’s Macro Environment The Description of the Country Mexico is a country with a total population of 129,163,276 (as of the end of 2017) that is located in the Southern area of North America, having borders with Belize, the United States, and Guatemala (“Mexico: Introduction,” 2018). The country’s income level...

The Relationship Between Unemployment and Economic Growth

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...

CEO Compensation in North America: Unreasonable Plans

Introduction Organizational leaders and chief executive officers (CEOs) are some of the key employees whose performances contribute to the success of their respective companies. Shareholders always expect such managers to use their abilities to move the targeted firms to the next level and make them profitable. However, these leaders require...

Foreign Direct Investment and Collaborative Ventures

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...

Analyzing Supply and Demand in Managerial Economics for Strategic Decision-Making

How an equilibrium price is set in the supply and demand market Many factors, among them price, population, and income, affect consumer demand for products and services sold in a market. Demand is satisfied either by local producers or importers. The demand curve is downward-sloping, which means that an inverse...

International Financial Reporting Standards Foundation

The IFRS Foundation is a non-governmental and non-profit making organization whose principal objectives are directed to the interests of the general public (IFRS 2011). The organization aims at developing a set of high-quality products and easy to comprehend globally accepted international financial reporting standards through the organization’s standards-setting body, IASB....

Mergers and Government Regulation: Need or Interference?

Introduction Typically, there are a number of reasons to undertake a merger. Many times, companies look to increase growth, increase efficiency, and extract very real profit during a period of irrational exuberance. In any case, the government indicates that it will approve a merger, but only on the condition that...

G. Smart on the Canadian Central Bank’s Communication Strategy

The main issue covered by Graham Smart’s article is that the set of genres and wide range of meditating technologies associated with the Canadian Central bank’s communications strategy can be perceived as portions of local organization action. As he attempts to prove his point, Smart explores two aspects of the...

Global Accounting Standards: Benefits and Challenges

The effort to achieve a single set of global accounting standards has gained significant momentum in the recent past. The logic behind the development of a single set of high-quality global accounting standards for the world’s integrating capital markets has become more evident especially with the collapse of major corporations...

Impact of External Factors on Economic Growth in Australia

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...

Analysis of the Canadian Housing Market (1990-2015): Trends and Developments

Introduction The housing market of Canada is managed and governed by the Canada Mortgage and Housing Corporation. It provides up-to-date and reliable reports, which help monitor the Canadian housing market, analyze it, and make predictions about its development. This resource provides data related to the rental market, housing construction, mortgage...

Financial Institutions Management and Sources of Finance

Finance is important to any business as it serves different functions which allow the business to run effectively. A company may need additional funds to expand its business operations or running expenses (Wright 2007). Expanding a business may include entering new markets, introducing new products and increasing annual output. New...

Corruption in Third World Countries

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....

The Budgeting Process: Planning and Control Cycle

Introduction The budgeting process is the way toward outlining, executing, and operating spending plans. It is the administrative procedure of budget spending and planning, budgetary control, and the related strategies. Budget planning requires volumes of the bookkeeping regarding the firm’s operations (Okpanachi & Mohammed 2013). In summary, spending plan is...

Crude Oil Price and Impacting Factors

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...

Analyzing Aggregate Demand in Different Economic Contexts and Scenarios

Introduction Aggregate demand is normally understood in the context of the total value of goods and services demanded by a given group of consumers at a given period and a given price (Brux 2007, p. 375). In other words, aggregate demand essentially refers to the value of goods and services...

Currency Devaluation and Its Effects on the Food Industry: Analysis and Implications

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...

The Decline of GDP (Gross Domestic Product) and Emerging Alternatives

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...

Bank Reconciliation: Theft and Control Deficiencies

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...

The 2007-2008 Economic Crisis

Causes of the 2007-2008 Economic Crisis The economic crisis of 2007-2008 had the most far-reaching financial repercussions for the U.S. economy since the Great Depression (Helleiner 2011). The significant increase in sub-prime mortgage defaults caused the bursting of a housing bubble. As a result of the growth in the number...

Impact of Market Forces on Coffee Prices: Demand & Supply

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...

Vue Cinemas Company Monopolistic Strategy

The strategy adopted by Vue Cinemas to acquire Ster Century posed a potential threat to ticket prices because the company would gain monopoly power to control the pricing of products in the industry. Monopolies are companies with exclusive control in the market and in a monopolistic competition market prices are...

Import Substitution Industrialization

Introduction Import substitution industrialization (ISI) is a “trade and economic policy based on the premise that a country should reduce its dependence on imports through local production of industrial goods” (Barrett, 2008, p. 96). Countries that pursue the ISI strategy often implement trade protection policies that restrict importation of manufactured...

The Economic Effects of Oil Prices

Abstract Oil prices rise and fall depending on the demand and supply of the commodity in the market. Several factors affect demand and supply and a balance of these two is required in order to keep prices stable (Hansen, 2005). Due to uncertainties in oil supply, strategic oil reserves are...

India’s Growing Smartphone Market: Trends and Opportunities

The article under consideration, “India’s Booming Smartphone Market” by Sean Mclain (2015), provides information concerning the development of the smartphone market in India while pointing out the tendencies that are bound to cause the increase in the product demand in the region. Description of the Article The article describes the...

Evaluating Buyer Humiliation: Insights from Nichols, Raska, and Flint’s Research

Abstract The paper provides a critical review on a journal authored by Nichols, Raska, and Flint (2015). The authors conducted a millennial customer research on the impact of buyer humiliation on volume and worth. This journal was based on how millennial and non-millennial clients were affected by their emotional impacts...

Marx: The Transition Period Was That Time of Political Shift

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...

Organic Food Market Trends

Abstract The high growth rate of demand and the high price premiums charged on organic food are the main drive of the organic food market. The U.S. organic food market is the largest in the world. In addition, demand is growing at a higher rate than in most countries. The...

The UAE and the United Kingdom: Economies Comparison

Abstract This paper is a comparison of two economies, the UAE and the UK, using variables that made them similar or different from each other. First, the two countries are members of their respective regional integration, the Gulf Co-operation Countries and the European Community. The GCC and the EC have...

Globalization’s Impact on Economic Development: Opportunities and Challenges

There are fundamental concerns, issues, and resolutions arising from the association of the communities living across the world as a global community. They merge to form a self-sustaining system that facilitates further developments related to their mutual capabilities and abilities. These aspects termed as globalization make them massive and undefeatable...

Globalization Advantages and Negative Cultural Impact

Grid Outline Thesis: Although globalization is somewhat harmful, it has many advantages for example: sharing new technology, sharing knowledge, cultural export, and food export. Supporting points Sub-points Evidence Industrialization Share new technology Knickerbocker, If the poor get richer, does the world see progress? p8 Share knowledge Ma, Paths of globalization...

Malaysia’s Inflation

The move by Prime Minister Najib Razak’s government to apply cuts on subsidies in 2013 to reduce Malaysia’s fiscal deficit and high debt burden is part of the reason for the faster increase in prices of essential commodities. So high was the inflation that the consumer price index surpassed the...

“Profit over People” by Noam Chomsky

Book Citation Chomsky, Noam. Profit Over People: Neo-liberalism and Global Order. New York: Seven Stories Press, 1999. Print. Author’s Credentials Professor Noam Chomsky is the author of the book “Profit over People”. Chomsky is a scholar who has written many books and journal articles in current affairs, politics, governance issues,...

Iconix Brand Group: Financial Analysis, Revenue Growth, and Risk Factors

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...

Exploring the Bertrand Oligopoly Model Through Practical Experience in Pricing Strategies

Introduction Oligopoly is one of the most common types of markets in modern economics. The Bertrand model was chosen when choosing an oligopoly model to study, as it represents a particular interest in practical applications. The Bertrand model describes a situation where multiple firms compete by setting product prices (Puu...

Free Trade: Positive and Negative Sides

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...

Comparison of Settlements of Virginia and Massachusetts

Introduction The purpose of the original settlements of Virginia and Massachusetts was very different. Virginia was founded as a commercial venture by the London Company in 1607 (Chet, 2019). Its primary purpose was to make a profit, as the settlers were expected to find gold and other resources to bring...

‘Made in China 2025’ Plan and Economic Nationalism

‘Made in China 2025’ consists of a ten-year-long plan that aims to improve the manufacturing foundation of China, which is primarily led by the government. The plan focuses on the high-tech industry and more specific assets such as improved information technology, energy vehicles, robotics, telecommunications, and AI (McBride & Chatzky,...

The Impact of Government Spending on GDP Growth, Unemployment, and Inflation

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...

The Stock Market Crash of 1929

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...

Macroeconomic Policies in Nigeria

Introduction The functioning of the economy as a whole is a focus of fiscal and monetary policy. Macroeconomic policy is to create a climate that is secure and supportive of a resilient and sustainable increase in the economy, which is essential for generating wealth, employment, and better living standards (Alam,...

European vs. American Freight Systems and Policies

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,...

The Rise in Prices of Used Vehicles

Prices of Used Vehicles Used vehicles have had one or more retail owners in the past. The price of these cars soared by 42% from December 2019 to October 2022, based on the U.S. Bureau of Labor Statistics (Vincent). Over the past year, prices of used cars have skyrocketed by...

Bernie Madoff’s Ponzi Scheme Analysis

Bernie Madoff, who founded his investment company in 1960, was the genius behind the $50 billion Ponzi scheme scam that stunned the world economy. It was the most extensive and longest-running Ponzi scheme fraud in history. According to his deception strategy, Madoff utilized investments to repay his initial backers, giving...

The Commodification of Science in the Sugar Industry

Introduction Financial support for science, technology, and innovation is becoming increasingly relevant and changing its meaning. There are also the latest, complex funding mechanisms that are designed to influence the conduct of scientific research. When discussing the applied nature of some scientific research, it frequently refers to business involvement in...

Consumers’ Buying Behavior and Social Media

Introduction Individuals contribute item reviews, information about a service, food or wellness advice, admonitions regarding things, instructions on how to use certain items, and more aspects as customers. The purpose of this work is to investigate the impact of social networks on the decision-making activities of customers. The use of...

The Structure and Functions of the World Bank

Introduction The presentation highlighted the structure and functions of the World Bank and the United Nations in the global arena. The discussion centered on the reasons behind the formation of the two organizations and their sources of funding. A comprehensive assessment of their specific roles concerning the alleviation of poverty,...

Gentrification: Impact on Employment in Low-Income Neighborhoods

Gentrification has many potential benefits for both local and new residents. The article by Meltzer & Ghorbani (2017) focuses on defining the effects of gentrification on employment in low-income neighborhoods. The authors suggest that the main benefit of gentrification is the growth of employment opportunities and job gains for residents....

World Bank’s Contribution to Sustainable Development Goals

Introduction The 2015 historic international agreement on the Sustainable Development Goals (SDGs) encourages all parties to establish and construct efficient local implementation systems. The policies require that members work with the World Bank to gather and evaluate data for measuring progress (Roa et al., 2019). This essay examines the role...

Gross Domestic Product as Economic Well-Being Measure

Gross Domestic Product (GDP) calculates the monetary value of all final services and products, including those bought by consumers and those manufactured in a nation over a specific period. It gauges every product created within a nation’s borders (Dynan & Sheiner, 2018). As a result, some activities—such as non-market activities,...

Principles of Microeconomics

Understanding a company’s opportunity costs is crucial for identifying the optimal course of action in terms of investments and funding. The evaluation of opportunity cost would necessitate comparison of the costs and benefits accruing from each action made versus alternatives. The simulation depicted in Figures 1.1 and 1.2 compares the...

Customer Analysis via Entropy and Information Gain in Banking

The introduction of big data analytics in the financial sector has provided bankers with countless opportunities to improve the quality of their services, enhance consumer segmentation, and modernize e-banking. In my experience in the banking sector, I have utilized data mining techniques to improve the quality of customer segmentation. This...

Free Market and Corporate Social Responsibility

In today’s world economy, there is only one rule that can be applied to a free market: supply and demand. In this case, the free market has nothing to do with corporate social responsibility. Milton Friedman’s philosophy was also based on the idea that despite the claims of large companies...

Economic Concepts and Daily Life

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...

The Impact of the COVID-19 Pandemic on Oceania

Introduction With the onset of the COVID-19 pandemic, there have been concerns that the South Pacific could become one of the most vulnerable regions for the spread of the coronavirus. Many of the island nations of Oceania have “fragile” health systems, which are reflected in the lack of equipment, infrastructure...

ABC Manufacturing: Analysis of the Budget Case Report

Budgeting is essential for large companies’ strategic decision-making, recourses allocation, and determining risks and opportunities. Income and expense estimation enables the teams to set priorities, adjust their operations, and initiate activities that affect every employee (Schmitz, 2020). In the ABC Manufacturing case, budgeting addresses the general aspects, such as expenses,...

Rent Prices and Factors of Their Change

Inflation reached a 40-year high as a result of the consumer price index’s 7.9% year-over-year growth. The cost of a building goes up as a result of inflation’s impact on the materials and labor required to develop a rental home, which drives up housing costs overall. Mortgage interest rates will...

Economic and Social Landscape in Australia

Introduction The Australian economy has shown flexibility in tough times like the COVID-19 pandemic. The International Monetary Fund (IMF) stated that the Australian economic growth rate remains at 4.2 percent as of March 2022 (The Australian Economy, 2022). It is projected that the Australian gross domestic product (GDP) will be...

Corruption: The Global Problem

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...

“Pandemics Are Not War” by Wilkinson: Article Review

In her article “Pandemics are not war,” Alyssa Wilkinson writes about the use of war as a metaphor for pandemics. The author argues that it is unfair to view pandemics as a force of terror rather than a disease that spreads rapidly and affects the lives of many citizens (Wilkinson,...

Supply and Demand Factors of a Bottle of Milk

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...

Import Substitution and Export-Led Growth Policy

Executive Summary The development of the domestic economy depends on both the trading relationship with other countries and the state’s self-sufficiency. To foster a local economy, developing countries tend to embrace the approaches of import substitution or export-led growth (Appendix F). The first approach, while facilitating technological progress and self-sufficiency,...

Junk Food Taxation in the United States

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...

Housing Discrimination in the United States

Introduction In the United States, housing discrimination refers to historical as well as present policies and biases that act as barriers towards equitable access to housing. It became more prominent after slavery was abolished in 1865. It was among the provision of the Jim Crow laws that promoted and fostered...

Sustainability of Economic Growth

In the last few decades, overall economic growth spiked dramatically. The growth is closely connected with people’s life quality (Figueroa, 2021). This is why some have begun to question whether this process can be sustainable and infinite. In theory, economic growth can be unlimited if it adopts sustainable principles (Ashmarina...

Uber’s Effect on Taxi Companies

Uber’s innovative format of transportation services affects companies in the taxi market. Specifically, its pricing strategies and the ability to damage the reputation of taxi drivers deserve attention in this regard. This essay will examine the cause-and-effect connections between Uber’s activity in the transportation industry and its meaning for more...

Macroeconomic Indicators Simulation Report

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...

Effect of Soda and Plastic Bag Tax Policies

Within modern society, it is crucial to be acknowledged about the core principles of the economic theory and its implications on every aspect of daily life. According to Mankiw, there are four key economic concepts, including “scarcity, supply and demand, costs and benefits, and incentives,” which illustrate the underlying reasons...

Collusion in Oligopoly and Game Theory

Oligopoly is a market structure in which a relatively small number of companies or organizations serve a large number of consumers. Along with monopoly, oligopoly as a structure exists in imperfect competition. Because the number of firms in oligopoly is usually extremely small, the profit of each participating company does...

Pfizer’s Investment in Comirnaty Vaccine

Introduction The process of research and development (R&D) involves the design or improvement of a product, technology, or service. R&D is vital for business because it encourages innovation, helping a company generate revenue in the future and gain a competitive advantage (Hammar and Belarbi, 2021). In the pharmaceutical industry, R&D...

Goods’ Cost and Factors Influencing It

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...

Inflation: Causes, Problems, Impacts on Economy

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...

Pros and Cons of Globalization

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...

Consumer Buying Behaviour Overview

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...

Globalization After World War I

The emergence of the global economy corresponds to the aftermath of World War I, and the battle of governments and markets for control over the field brought unexpected results. The establishment of strong ties among the nations and the expansion of trade and migration contributed to the revival of globalization...

Researching of Financial Ratios

Financial ratios allow a business to assess many aspects of the performance, being an integral part of financial statements analysis. The ratio compares companies, industries, different periods of activity of the same company, and the results of the organization with the average industry ones. In financial statement analysis, the following...

Entry into Emerging and Developed Markets

Introduction Improved productivity and changing consumer needs have motivated many company owners to globalize. Top executives of large firms, particularly in North America and Europe, recognize that internationalization is the most significant challenge they confront today. Nonetheless, most companies have remained committed to the strategies they have used in the...

Gainful Employment with a Living Wage for All People

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...

Post-Pandemic Work Environment

The COVID-19 pandemic has changed the way people approach work because the majority of companies had to transition to remote work, and employees had to complete their responsibilities from home. Individuals and staff have to cope with the new environment after working from home for so long. This paper will...

The Global Citizenship Concept

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.;...

Obama’s Taxation Policies: Application and Evaluation

Introduction Taxation is an essential mechanism the government uses to get the finances required to live on and conduct public services. It is a type of system that is very complicated, and it involves all government levels. Additionally, tax policies exist to achieve several other policy goals. However, cutting-edge customs,...

Small and Medium-Sized Enterprises in the UK Economy

Introduction The impact of small and medium-sized enterprises (SMEs) on the economy of a country cannot be neglected. The concept of SMEs is defined as small and medium enterprises depending on the number of employees. In the UK, a company is considered small with up to 49 employees and medium...

Can Consumers Make Ethical Clothing Purchases?

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...

The Limitations of Ratio Analysis

The Ratio Analysis framework is extensively utilized by businesses and provides companies with numerous insights into their financial operations. At the same time, Ratio Analysis has several significant limitations, which include the utilization of past data, the absence of inflation adjustments, and possible changes. First of all, every Ratio Analysis...

Global Management and Cultural Diversity

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...

Memo and Essay Explaining the Flexible Budget Variances

Variances can be described as the difference between budgeted performance as planned and expected and the actual performance for the budgeted period. The organization had forecasted a sale of $1,400,000 but actual sales were $1,325,000. The cost of goods sold, which is the main component of the expense part of...

Profit Maximization Versus Satisficing

Businesses strive to achieve the maximum possible revenue to stay competitive. This essay will compare profit maximization strategy with satisficing. Maximization implies a continuous chase for the highest possible profit margin (Qiu, Bai, and Lu, 2020). It allows a company to gain a competitive advantage at the cost of significant...

Price Segmentation Versus Price Discrimination

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...

Organic Food Purchases Among Customers of Different Ages

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...

Role of Government in the Economy

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...

HSBC Bank and Barclays Bank: Comparison and Risk Exposures

Introduction The overall effect of the global financial crisis was making all financial institutions including the multinational ones experience threats of collapsing. The crisis “played a significant role in the failure of key businesses, declines in consumer wealth estimated in trillions of the US dollars, and a downturn in economic...

Comparison between Late Development and Early Development Pathway

Industrialization is the transition of agriculture-related raw materials to mass manufacturing of goods and services. The period has been characterized into two phases, Early development and Late development. Early industrialization occurred in Britain in the late 18th century, while late industrialization occurred in the 20th century after the second world...

Germany’s Political-Legal Environment for Business

Cultural differences between U.S. and Germany Germany is one of the many member states of the European Union that are open to the global economy. The German culture is slightly different from the culture of the U.S., especially in terms of business transactions. As MICUS ventures into Germany, it is...

Payback Period Model Overview

People considering investing in specific projects are interested in many questions, answering which gradually clarifies the potential effectiveness of investments. The first question in the evaluation of projects relates to determining the period for which the cost will be returned. Each investor is interested in when investments will pay off...

Generation Z and Their Purchasing Decisions

Introduction Nowadays, companies do not only have to assess the demographics of their target consumers but pay close attention to their values, habits, and lifestyles. Dividing people by generations may seem oversimplified at first. However, this is an efficient method, which provides insights into a certain group’s psyche and behavioral...

Capital Structure: Modigliani & Miller’s Theory

Reasons why Modigliani & Miller’s propositions were initially misunderstood Modigliani and Miller’s propositions were initially misunderstood because of the irrelevance of the propositions that were proving to be irrelevant, still raising hackles in academic circles. The criticism revolving around M&M’s failure to recognize the great importance of adhering to taxes...

Microeconomic Analysis: Walmart

Production and Costs The Walmart-branded Equate pharmacy and beauty product line is the target product to analyze. These products are presented in a wide range and include cosmetic goods for body care and therapeutic drugs to maintain health (“Quality care begins here,” 2020). The factors involved in the production process...

Movement of Exchange Rate Volatility and Capital Budgeting

Exchange rate volatility The exchange rate can be defined as the currency of a given country expressed in terms of another country’s currency. The changes in the exchange rate affect the profits made by international trading partners and multinational corporations. The exchange rate also affects the value of investments as...

Financial Management During the Recession

Introduction and thesis In the past decades, various economies across the globe have come face to face with the implications that arise due to poor management and regulation of financial resources. The effects of the same have been felt by all individuals socially and economically making financial management a force...

Customer Loyalty Within the Insurance Industry

Background In the 21st century, competition is becoming a challenge within the business environment due to an increment in the rate of globalization. This is affecting operation of firms in different economic sectors. The insurance industry has not been shielded from this challenge. A large number of investors are venturing...

Governmental Role in Influencing International Trade

Introduction As the international economy is being integrated, business opportunities, as well as challenges, continue to ensue. Such challenges affect different nations around the globe, including those with stable economies. In this regard, even the local corporations/companies and the multinational corporations are not immune to the business challenges present in...

Fairtrade: Better Solution to Underdevelopment

Introduction Fairtrade®: Definition With the rise in globalization, opportunities for trade have expanded tremendously, allowing for cooperation between organizations on a global level, and reinforcing international partnerships. As a result, the necessity to create homogenous standards for interacting in the global economic environment has emerged. Thus, the platform for building...

“Wall Street on the Tundra” by Michael Lewis

Michael Lewis is the author of the article titled Wall Street on the Tundra which attempts to describe events that led to the financial crisis that befell Iceland. Even though Iceland’s financial meltdown attracted scant global attention in relation to other calamities that reverberated through the global economic powers, the...

The Capital Structure Theories Article by Brendea

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...

Capital Structure and Cost of Capital in Telecom Sector

Introduction This paper has chosen Vodafone plc (or “Vodafone”) and British Telecom plc (or “BT”) under the telecommunications industry for purposes of comparing capital structure and cost of capital. This will also study the impact of industry and economic conditions for the pair of companies and will explore the current...

The Impact of COVID-19 on Small Business

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...

Supply, Demand, and Government Regulation Impact on Prices

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...

A Critique of Economics Budgeting

Budgeting is not an exact science, and its success depends on the precision of estimates. Estimates are based on facts and managerial judgment, which can suffer from subjectivism and personal biases. The accuracy of budgeting therefore rests on the adequacy of management. Where management is optimistic about future prospects for...

Subprime Mortgage Crisis 2007

Causes of Subprime crisis The federal reserves in the year 2001 started reducing the interest rates for federal funds, which went as low as 1% by the year 2003. When the interest rates went down, it was a chance for investors to borrow money at a low cost so that...

Fixed Versus Floating Exchange Rates

A key component of stable economic growth is a stable currency exchange rate. In recent times, there has been a debate about the economic benefits of fixed and floating exchange rates. One advantage of floating exchange rates is that it frees the macroeconomic policy from taking care of the exchange...

Globalization and American Productivity

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...

Acquisition of Foreign Companies

When a firm achieves significant success within its local market, it is rational for this business to consider additional growth opportunities. International expansion is a suitable option, and acquiring a foreign company can help succeed here. The leading driving force of this process is that entering the overseas market provides...

Market Failures and Governmental Interventions

Introduction The free market model based on voluntary exchange is assumed to be beneficial for all parties. However, markets are not perfect, and often they fail to meet social efficiency, and that is why the role of governmental regulation is justified. The cases when markets do not correspond to society’s...

Attention and Consumer Behavior

The phenomenon of attention might seem as a fairly simple concept to define, yet a closer analysis will prove that attention is a rather difficult notion to approach. It appears that attention can be described as the ability to notice details that will inform one’s future choices and decisions. In...

The Effects of the Minimum Wage on Overall Unemployment

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...

Economics of Panic-Buying: A Case Study of Toilet Paper in Australia

Panic-buying is a relatively common behavioral response to a crisis that people can exhibit in situations that they perceive to be dangerous and unpredictable. Yuen et al. (2020) note that this behavior was previously observed in the wake of major natural disasters, such as the Christchurch earthquake and hurricane Matthew....

Cash Flow Management: Definition

The relevance of the topic regarding cash flow management remains essential in the modern market. Sustainable profit is the main source that contributes to the proper functioning and development of any company as well as a stable financial position. According to researchers, cash flows can be defined as “the amount...

“Do Investors Trade Too Much?” by Odean

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...

Rondo Company: Financial Statement Analysis

Introduction Originally, financial statement analysis is the research, which requires thorough and multi angle approach towards estimation of the financial ratios and financial flows, both horizontal and vertical. The aim of this paper is to analyze the financial ratios of Rondo Company by doing the financial ratios and also comparing...

Evaluating Marx’s Labor Theory of Value

Notably, one of the renowned sociology theorists is Marx who introduced the labor theory of value which diminishes capitalism. The reason for choosing this discipline and theorist is that it develops a critical understanding regarding the authenticity of the different reasonable prices and the way products should be valued in...

Inflation in the Real Estate Industry

Introduction This paper will cover the Real Estate industry in the United States. The Real Estate industry is part of the Real Estate and Rental and Leasing sector, which includes renting and leasing assets and services, such as cars, houses, computers, and other goods (NAICS, 1). The Real Estate subsector...

The Limitations of Financial Ratios

Profitability Ratios The inflation of prices affects the financial ratios reported by organizations. Companies usually prepare financial reports, either quarterly, semi-annually, or annually. During these different periods, inflation might occur, leading to the distortion of prices (Rashid, 2018). Eventually, failure to reflect real prices of commodities will emerge in the...

International Development: Goals and Projects

Introduction This is a broad term that can also be referred to as global development. International development generally summarizes wider categories of multi-disciplinary context involving human developments. The main aim of global development is to improve living standards, alleviating and eradicating poverty among the human population globally. International development goals...

Honduras: Global Change and Development Project

Introduction Globalization is an integral part of modern world development, which has an impact on all spheres of people’s life. However, this process affects states differently as some of them receive profit and benefit from it, while others only aggravate their crisis and become dependent on global players. Honduras belongs...