2512 samples of this type
Introduction Predicting stock performance is extremely difficult and has been called a futile exercise by many people. This is because due to the inefficiency of stock markets about information asymmetry. Many of the fundamental factors affecting stock performance do not fully reflect themselves in stock prices in the Long-run or...
Introduction, Review of accounting Process and Financial Statements Generally Accepted Accounting Principles (US GAAP) US GAAP is the generally accepted accounting principles followed by companies operating in USA and or listed in the Wall Street exchange. It involves enormous volume of standards, interpretations, opinions and bulletins, formulated by the FASB...
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...
Understanding the correlation between demand and supply is one of the fundamental requirements for gaining competence in economics. The specified correlation represents the primary ratio that defines the emergence of new companies, the choice of business strategies, and the changes in communication approaches. Therefore, determining the demand and supply curve...
The Authors’ Arguments Friedrich Hayek strove to defend traditional concepts of morality in economics and fought the progressive representatives of the new era who sought to destroy the classical canons. In his book, he compares rationalizers to Christians who tolerate human sinfulness but do their best to prevent it (Hayek...
The 21st business environment has changed the way business is conducted and the fundamentals underlying the performance measurements, thanks to the advancement of technology and globalization. Most organizations have shifted from the traditional financial accounting practices to the more advanced and reliable managerial accounting. Moreover, focus has shifted from traditional...
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...
Abstract Globalization refers to the growing interconnectedness among global societies, economies, and cultures, primarily due to increased trade in goods and services, foreign investment, exchange of knowledge and information, and immigration. This phenomenon has affected employment and trade significantly. It has increased wage inequality and destroyed jobs, especially in manufacturing....
Description of ECY Cash Flows The cash flow of the company has problems, which are indicated by the increase in accrued expenses. For example, the value of expenses not yet paid for increased from $417300 in 2016 to $6,123,200 in 2017. An efficient flow of cash should be characterized by...
The upcoming negotiation process with Absentia Ltd. must not be equal or worse than Grouse’s offer. The latter company is offering of total present values equal to $17.5 to 19.5 million and the upfront $7.5 million in cash. Therefore, Grouse’s offer can be considered to be the best alternative to...
Leasing is an alternative to purchasing an asset, which can be more beneficial for a business in terms of cost-efficiency. In general, there are five types of leasing agreements. The two that will be compared in this paper are – operating, financial, sale-and-leaseback, combination, and synthetic (Brigham & Ehrhardt, 2017)....
Introduction Corporate Social Responsibility (CSR) denotes a firm’s practices that entail undertakings that benefit the surrounding community, for instance, offering a fraction of the business’ profits to charity, programs of environmental conservation and social welfare, and implementation of greener processes to mention a few. Currently, Corporate Social Responsibility acts as...
Capitalism brings wealth, and not everyone can reach it, but in socialism, there is no wealth. Both capitalism and socialism were major influencing socio-economic theories, which reached their peak of manifestation in the 20th century. Capitalism is a system where the concept of ownership and free markets is at its...
Introduction The 1930s were characterized by a global economic crisis that is known as the Great Depression. It is generally thought to have begun in 1929, with the dates Black Thursday and Black Tuesday, which mean October 24 and 29 of that year, respectively, standing out. Market stocks crashed significantly...
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...
Introduction The last twenty years have witnessed several innovations which have made several implications to the financial sector. There are many instruments that have been employed by financial institutions like banks since 1970. Some of the innovations are: butterfly spreads, Eurobonds, program trading, collateralized mortgage bonds among others. These innovations...
Many citizens of the United States of America are not satisfied with their hourly incomes. Hence, the population wants its government to raise the minimum wages in the country in order to reduce poverty. Increasing the minimum wage should help some works, and it will help stimulate the economy overall...
Introduction For any country wishing to undertake business activities across, borders, understanding culture is crucial. For international companies to be successful, in a global society they must adapt to, relate to, and understand the culture of the countries where they conduct business. Discussion Culture can be said to be the...
Silicon Valley grew very fast because of its technological specialization and innovative corporate culture. The firms and individuals in Silicon Valley showed a strong tradition of innovation and cooperation. There was coordinated focus on manufacture of hardware, development of software and capital investment. Several economic development strategies converged to benefit...
Dear 1987 Black Monday Black Monday occurred on the 19th day of October 1987, and it greatly affected the stock market. It came to an end on Tuesday 20th with the government’s intervention. Before opening the financial market the Federal Reserve issued a short statement that said it would intervene...
Introduction Monopolistic competition refers to a market structure where products are differentiated and a large number of producers compete with each other to satisfy the unlimited customer base. In this marketing structure, producers have a certain level of price control, trade barriers are few and the customer perception on price...
Definition of market failure Market failure is an economic theory where the allocation of goods and services in a free market mechanism is inefficient. That is in the inefficient allocation, there are some players whose gains outweigh their losses while for other participants, their losses outweigh their gains. Market failure...
The dependence effect refers to the way people’s wants are hinged on the process by which they are satisfied (Galbraith 159). Galbraith in his book explains the notion of dependence effect, in an attempt to criticize the economic outlook of demand theory that wants do exist on their own. This...
Introducton Procter and gamble company began its operations in the year 1837 and immediately after the Second World War it globalized its operations. P&G as it has come to be known focuses on transforming slow-moving products into promising business ventures. The company has been said to concentrate on its core...
The research paper relates to Sysco Corporation. The firm’s background information has been given with reference to the products that the firm deals in. A set of objectives for research paper are outlined. The core objective of the research paper was to conduct an analysis of the barriers that Sysco...
Introduction The term globalization emerged as an offshoot of the high-technology tools that have sprung these past decades – computers, the internet, Information Technology. We can connect and conduct business with the rest of the world so easily. With just a computer with an internet connection, indefinite access can be...
Introduction The article which has been selected for this particular topic is titled Global leaders are team players written by Dr. Martha L. Maznevski & Joseph J. DiStefano. Martha L. Maznevski is an Assistant Professor of Commerce at the McIntire School. Of Commerce, University of Virginia, where she teaches Organizational...
Introduction Globalization is influencing leadership because of the way it affects society through its processes. Because the transformations brought about by globalization are not always easy to identify precisely and promptly, they may be hard to take in and even where they are detected, be hard to cope with. Globalization...
The world is full of things which a man likes or adores. In supermarkets, for example, people try to choose something about food or about household; in galleries one cannot but admire the pictures of different painters; on railway stations one can be astonished with well-run work of the administration...
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...
Definition of externality Externality may be defined as a benefit enjoyed or a cost incurred yet it is not factored in the price of the commodity consumed. This means that a consumer may enjoy benefits without having to spend on the acquisition of that benefit or he may incur a...
Introduction This paper reports on time series analysis of the persistence of profits of 97 Croatian Companies from 1995 to 2005. This report is unique in the way it is conducted in Croatia. Although, many such researches are conducted in various parts of the US and Europe, a study of...
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...
Abstract No nation in the world can match China’s industrialization over the recent past. China is now considered as the world’s factory, in that the entire world’s manufactured products have a Chinese affiliation in one way or the other. However, China’s industrialization has presented intense problems which have resulted in,...
“Prices should reflect the value that consumers are willing to pay. Prices are often set to satisfy demand or to reflect the premium that consumers are willing to pay for a product or service.” The pricing strategy of firms is influenced by the type and lifecycle of the product. Consumers’...
Introduction Owing to the strategic position of the country as a trading entrepôt in East Asia – doing a brisk trans-Pacific trade with Mexico for centuries, exporting minerals and forest products to China, trading sugar with (what was then) Great Britain, and cashing in on foreign exchange earnings of Filipino...
The process, well known on the international arena, as globalization affects all the spheres of people’s and counties’ life. The economic and business fields are greatly affected by this phenomenon as well. Therefore, it would be relevant to explain the process of globalization in the economic field and its influence...
Introduction The article under study is a report by Chris Isidore titled “Auto Sales Plunge” dated July 1, 2008 (Isidore, 2008). The car market which includes SUVs and pickup trucks has been facing a decline in demand in the US automobile market. The essay discusses the reasons for the shift...
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...
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 In international trade, the demand and supply of currencies affect their values in the short and long term (Frieden 2016). The interest rate policies formulated by different governments to stabilize their currencies also influence supply-side economics and, by extension, the value of linked currencies (Hassan & Mano 2019). These...
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...
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...
Introduction The economic growth rate of a country is not constant over time, but it exhibits phases of expansion, stagnation, and decline. Fluctuation of an economy in these phases creates a business cycle that elucidates trends and offers projections of economic growth. For the last ten years since the great...
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...
Introduction Unemployment takes place when a person that is inactive searches for a job is unable to find it. The concept is often used for measuring the health of an economy, with the unemployment rate being the most prominent indicator that is evaluated regularly. The unemployment rate is calculated by...
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...
Abstract The primary objective of this research study was to present an insight into the motives defining the purchasing and consumption of luxury fashion among young female customers in the UK. The researcher applied quantitative research designed since the study was focused on a single market segment. Through direct interview...
For every country’s economy to be successful, there are some factors that are rather crucial. One of them is the gross domestic product, or GDP, that influences any country’s welfare and prosperity. The purpose of this paper is to provide the gross domestic product figures of the United States of...
Introduction The period from 1865 to the 1930s included a variety of processes in the country’s economy, which the government tried to control. The commonly accepted principle of non-interference started to be altered to more strict interference since laborers and businessmen asked the government to support them. The government began...
Introduction George Herbert Walker Bush served as the 41st American president for one term from 1989 until 1993. This period was marked by significant global geopolitical shifts that had a ripple effect on the US economy. Additionally, the previous president’s decisions affected the US economy, leaving it in a state...
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...
Abstract Globalization refers to the coming together of the international markets. It contributes to the forming of trade blocks. Globalization has opened the international market to developing states and countries that can now trade freely. On the other hand, it poses a significant threat to the growth of local industries,...
Introduction In Chapter 7, Wheelan provides an overview of the basic mechanisms of financial markets. The ideas presented by the author can be used to discuss this case study. The chapter is also written in a manner that ensures numerous illustrative examples, which helps to understand the notions, mechanisms, and...
Globalization and the Poor In this TEDx talk show, an economist and researcher Krisztina Kis-Katos uses statistics and empirical data to show how globalization and international trade can reduce poverty levels in developing and emerging economies. Specifically, the presenter uses the case examples of Vietnam, India, and Indonesia to demonstrate...
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...
This paper seeks to examine historical sales revenue data to establish a forecast for 2005 and 2006. The historical data exhibit quarterly seasonality, which will be verified by plotting a scatter diagram of sales revenue against time. This scatter diagram, otherwise called a time series plot, further demonstrates the trend....
With regards to the preparation of financial statements, the AICPA Code of Professional Conduct (2014) includes key points as to the knowing misrepresentation of the statements, submission of financial statements, negligence in preparation, and subordination of judgment. The knowing misrepresentation of financial statements in the course of their preparation occurs...
Summary of Factors and my Belief of what is going to Happen Most economists according to the article have given pessimistic forecasts as far as economic growth is concerned. In line with the lowered forecasts, the Obama administration has formulated several policies to address the issue and spur growth. Sluggish...
Over the last 30 years in the US, the real price of a college education has increased by almost 70 percent. Over the same period, an increasing number of high school graduates have sought a college education. While faculty salaries have barely kept pace with inflation, administrative staffing (and expenditures)...
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....
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 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...
Executive Summary This report carries an in-depth analysis of Topshop and Matalan in order to help Caifu to choose the best company to buy stocks. The report noted that both companies are facing decreasing sales due to the deflationary crisis in the UK. However, Matalan has poor management, which has...
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...
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 Modern dictionaries define luxury goods as items whose price is worth more than the functional properties of the product itself. The luxury market continues to grow exponentially. In 20 years, from 1985 to 2015, its market size grew from 20 billion to 250 billion (Global luxury good industry n.d)....
Milton Friedman’s astounding contribution to the U.S. economy is something that continues to affect the present day. One of the primary ideas he espoused focused on the value of liberalism in developing an overarching theory to govern modern society. However, Friedman lamented the fact that contemporary interpretation of the term...
Pricing strategy Price discrimination is a practice where different customers are charged different prices on goods and services that are identical. While single pricing is charging the same prices to all customers for all the goods and services being sold, in this case, customers are sure of the price and...
Issue Brain drain is an inevitable and serious problem (as seen by officials, employers, analysts, and so on) that will undermine Canada’s international competitiveness. In the 1990s, up to 2% of the Canadian population left the country each year to find employment elsewhere (mainly the USA), and researchers note that...
SuperFreakonomics is a book by Steven Levitt and Stephen Dubner which serves as a follow-up to their previous work, Freakonomics. Their second work is built mostly around the premise of providing real-life examples of economic principles in a convincing and accessible manner. However, unlike the first work, which took advantage...
Introduction Globalization is an aspect that has changed the way national and international businesses are carried out; it is an aspect that has totally removed barriers between countries, encouraging cross-national business to take place. At the same time, globalization has encouraged most companies, specifically from developed countries to initiate business...
Shelter is one of the primary needs in life. Certainly, it is acknowledged by Abraham Maslow as a physiological need, which plays a huge role in motivating a person’s behavior. Inferring from this, housing is one of the essential aspects that defines the life of an individual. It helps one...
Introduction Knowing the different roles that family members play in decision-making concerning purchases is not enough. In addition, it is important to understand why certain family members directly influence decisions of the household, while others do so indirectly. At the same time, being familiar with the latest trends in role...
The beaver population was significantly affected by the actions of Indians. As a matter of fact, the experts argue regarding the possible reasons that caused depletion. The major purpose of the paper is to discover the economic factors of the beaver depletion in Canada in the eighteenth century. The territory...
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...
In the current world, globalization can be viewed both in a social context and in economic terms. For instance, it can address the unity and international openness of people all around the world, but it can also mean global trade, international political and economic associations, and so on. Thus, the...
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...
Introduction The price of goods and services is one of the factors that the consumers consider before making decisions on what they need to purchase.The law of demand shows how demand of a commodity changes as own price changes. Price elasticity of demand is an indicator of the rate at...
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)....
Introduction – stating the problem The Office of National Statistics (ONS) says that the rate of inflation has risen to 0.2% in December 2015. It was surprising because it became the first month when the number exceeded 0.1% of January 2015. The primary causes of this increase are seen in...
Introduction Natural resources, specifically petroleum, natural gas, and minerals, have been linked to high-levels of corruption and authoritarian leadership. Bolivia, Indonesia, Belarus, and Congo among others are considered resource cursed countries (Haber and Menaldo 6). Much of political economy literature presents both theoretical and empirical arguments to understand the issue....
In Chapter 5, Wheelan considers the importance of economic information and the consequences of its imbalance, which brings along the sensitive issue of discrimination. Adverse selection can happen because of the imbalance of information, and it presupposes the increase of the least profitable proposals coming from those who possess more...
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...
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...
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...
Poverty is defined as the state of deficiency of a certain amount of material wealth or money. In common use, it normally refers to a lack of enough food materials, safe and clean water, healthcare and education, and clothing and shelter. World poverty figures have been rising since the second...
The issue of student debt is clearly one of the most important issues that we face today. There are many different proposals as to how to deal with it, but it seems that the best decision that can be made would be for the government to appropriate the debt of...
Summary of the book In their book, Scott Bittle and Jean Johnson discuss various financial problems that currently affect the United States. Overall, the authors focus on such an issue as the growing national debt of the country (Bittle and Johnson 4). In their opinion, this tendency has long been...
Introduction The Coca-Cola Company is a corporation with several branches responsible for different products. To analyze information about its business’s annual development, Coca-Cola uses 10-K forms that include data on all business ventures that occurred during the past year. Equity method investments are one of the most significant economic success...
Introduction In the globalization era, companies compete against each other across the continents. Regardless of the market, consumers can expect to find goods from all parts of the world. The following list of items that I found around my house represents the impact of the globalization process: A USB flash...
The Role of Money In its various forms, money has been an essential aspect of human civilization, facilitating trade, storing value, and providing a unit of account. In today’s world, money has evolved into several forms, each serving specific economic functions. This essay will explore the different forms of money,...
Introduction International businesses are highly regulated operations by governments around the world. They do this to protect their countries from harmful trade that may harm their economy and citizens. The action by countries through their government to protect their domestic industries through policies restricting international trade is commonly referred to...
Data Description The present paper conducts an econometric analysis of the article “Drunk Driving Legislation and Traffic Fatalities: New Evidence on BAC 08 Laws” in order to understand the data and methodology used. It is necessary to define the data and its features with which the researchers work in the...
Introduction International community development entails a detailed approach aimed at helping a particular group to better their standards of life. People come together to improve their living environment and better themselves. An example of such a project is the Grameen Bank, which aims to provide loans on easier terms for...
Introduction Efficiency is a fundamental concept in economics, and it is essential for maximizing the use of available resources in the economy. Allocative efficiency, in particular, is critical in determining the optimal allocation of goods and services in a given market. It is concerned with allocating resources to satisfy consumer...
Understanding the U.S. National Debt The United States national debt is the federal government’s debt to creditors. The funds are borrowed to meet the budget deficit and cover all costs, including health care, infrastructure, and defense. This is also advantageous to creditors because it is not typical borrowing as in...
Recently, the stock market has become one of the most interesting and main instruments for investing and raising capital by companies and investors. Most companies use the advantages of stock markets to attract public funding for business development. Thus, it is important to discuss how companies and different investors choose...
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...
In today’s modern world, economic health is a crucial indicator of the overall well-being of a nation. Gross domestic product (GDP) is the most commonly used measure of economic health and is used to assess a country’s economic performance (Amacher & Pate, 2019). This essay will examine the importance of...
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 COVID-19 epidemic has irrevocably altered the global economy and human life. There was undeniable evidence that limiting people’s freedom of movement affected business and home operations and, by extension, altered consumer behavior and spending patterns. According to Pollak et al., consumer behavior studies how people decide which items...
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,...
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...
Zero-based budgeting (ZBB) is a different approach to creating a budget. While most strategies for budgeting account for the history of previous transactions, ZBB does not operate on financial history and automatically included payments (Coyte et al., 2020). Therefore, each period in the budget is planned from a clean slate,...
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...
Unemployment has been an essential aspect of the country’s economy because the unemployed labor force cannot pay taxes or perform other activities beneficial to the economy. However, it has been debated that the unemployment rate is an imperfect measure of joblessness in the country. The unemployment rate is imperfect because...
Even though people tend to believe that they are in control of their lives and decisions, it is not always true. Individuals often make irrational decisions even without understanding them. Marketing experts are aware of this peculiarity and rely on specific techniques to force consumers to make particular decisions. For...
Economics in One Lesson by Henry Hazlitt provides essential information about microeconomics that non-economics professionals need to know. The author provides examples of major economic misconceptions, public misinterpretations, and public policy failures. Mostly, the author talks about economic policies and their consequences. Hence, the basic rule of economics “consists in...
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...
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...
Introduction Capital budgeting entails identifying projects that will bring value to a business. It can encompass a wide variety of activities, from land acquisition to the acquisition of fixed assets such as a new truck or piece of machinery (Mohan & Narwal, 2017). Businesses are often obligated, or at the...
Introduction The idea of expanding into the global environment and capturing an increasingly large audience is typically represented not only as a desirable goal for developing companies but also as a natural stage of corporate growth. As a rule, cross-border mergers and acquisitions (CBM/As) are regarded as essential tools in...
Introduction Islamic banking is a model for offering financial services in addition to the conventional banking system. It entails service delivery guided by the Sharia law requirements as opposed to the usual banking system that is guided mainly by non-religious regulations. Maghfuriyah et al. (2017) state that “Islamic banking as...
Introduction There are different opinions regarding the idea of raising the minimum wage to $15 per hour by 2025. Currently, the federal minimum wage is $7.25, and supporters and opponents of the increase mandated by the 2021 Wage Increase Act are divided (Cooper et al., 2022). Supporters believe that the...
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,...
Financial intermediaries are institutions providing indirect means for funds from a party that wants to lend or save to a party that wants to borrow or invest. These are commercial banks, government programs, pension funds, mutual funds, investment banks, rating agencies, etc. Some experts note that advances in computer technology...
Abstract The growing demand for eco – friendly consumption has prompted various experts to study the factors that influence organic food purchase. The majority of these studies are based on customers’ self-reports of their purchase behavior, which is investigated through expressed subjective norms. In Hong Kong, there is a dearth...
Introduction Ulta Beauty is a successful American cosmetics company that has balanced the externally attractive and attention-grabbing displays with ongoing revenue sources and employees’ best interests. The company successfully identified the priorities of American women purchasing cosmetics despite its lack of outlets in major shopping malls. Ulta has entered several...
The story is about the fiscal policies that have been put into place by the Indian government in recent years, and each of them has had a different impact on income distribution in the country. Progressive taxation is one such policy; it is a system in which people who earn...
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...
Globalization in business is the state where the products and services produced by companies gradually become the same globally (Ifigeneia & Dimitrios, 2018). The social media concepts have become one of the main agendas used by most business executives to promote Business through media platforms and online services to allow...
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...
The involvement of big business in fair trade has both advantages and disadvantages. On the one hand, fair trade promotes the production of certified goods, fosters stable long-term trading partnerships between suppliers and retailers, contributes to the development of online shopping and global marketing, and minimizes the involvement of intermediaries....
Introduction The current situation in recent years associated with the pandemic of coronavirus infection has changed the world and made its adjustments to the modern realities of the whole world. However, the USA was selected for analysis since it is of certain interest. The fallout from the Covid-19 pandemic has...
Introduction Understanding the process of deciding on purchasing any product, especially an expensive one, is essential for marketers since this information allows them to adjust their selling practices accordingly. Different factors play a decisive role in consumer purchasing decision-making, which consists of several consecutive stages, at each of which external...
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 Great Depression will always be remembered in the history of the U.S. and Canada as one of the darkest and most desperate times. However, for Canada, the economic recession observed on the nationwide level, also elicits an overwhelming feeling of shame for a good reason. Unless the excessive focus...
Weber’s Theory Certain aspects of the state were highlighted in Weber’s Politics as a Vocation and other writings. Nevertheless, he did not specifically specify the term element, which people do for clarification of discourse. In reality, the ingredients are the most crucial portions of his concept. A modern state is...
The idea of the hierarchy of needs was first proposed by psychologist Abraham Maslow in 1943. According to Maslow, the basic human needs must be satisfied first, before the psychological needs, and lastly, the self-fulfillment needs (Aruma & Hanachor, 2017). This essay will look at the five basic assumptions of...
Introduction The efficiency of a marketing campaign depends on how well a company understands the values, priorities, and interests of its target audience. The present research proposal describes methods of analysis of consumer behaviors of Generations X and Y in the US and China. The paper also includes the schedule...
Introduction A strong brand should maintain its values and identity while entering international markets and adjust it to specific needs. Companies tend to adapt to local cultures through global and regional branding in a process called glocalization. Glocalization is preserving and strengthening local differences instead of their supposed disappearance due...
Introduction Nowadays, the organization and the building process of smart cities, in which all the scientific achievements would be implemented, is the topic of multiple discussions. These ideas are widely transmitted in movies, cartoons, and books. Scientists tend to make daring predictions about the lifestyle in the future when an...
Karl Marx is a famous philosopher known for a variety of economic works discussed and applied today. The most outstanding work is devoted to discussing capitalism and its components. Cooperating with Friedrich Engels, Marx created a small political group which is known as the Communist Correspondence Committee (Lebowitz 2020). Among...
Japan was hit by a devastating earthquake in 2011 in its eastern region. A few minutes later, there followed a massive tsunami which was approximately 100-foot waves. The earthquake claimed over 100 lives, but the severity of the matter was when the tsunami spiked where over 20,000 people were reported...
In America, the majority of citizens wish to live the elusive American dream. However, the idea of being financially comfortable does not always come true for everyone, especially for families living below the poverty line. It is even harsher on children who live in such families. In the PBS documentary,...
To some, the coexistence of the free market and politics of a democratic nature are inherently connected and cannot exist without one another. However, in recent years, the question has shifted into asking whether the two are compatible. It is also vital to understand that both capitalism and democracy have...
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...
The problem of inflation occupies an important place in economic science since its indicators and socio-economic consequences play a serious role in assessing the financial security of a country and the world economy. According to the experts, the inflation rate in the United States is gradually decreasing due to gasoline...
The successful development of a provincial region is complex due to the number of innovations that need to be introduced. That is why the example of Kunshan, located in southeastern Jiangsu, is so revealing. In just ten years, the city’s population has grown from 600,000 to over two million (Kirby...
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...
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...
Bank of America is a leading US financial institution dedicated to serving individual consumers, large corporations, and small and medium-sized enterprises with a broad range of banking, investment, and management products and services. It provides easy-to-use online products and services and is listed on the New York Stock Exchange (Bank...
Germany is the largest economy in Europe and among the biggest economies in the world. The current economic condition is on a negative trend due to the outbreak of the Corona Virus. The COVID-19 pandemic led to the closure of businesses and a low in sales of various products, especially...
Introduction Purpose Statement The present report was commissioned by the chief financial analyst of the Euroland Company. The primary task was to identify three investment opportunities for the client in the banking sector and assess their financial performance during the past five years using appropriate ratios. The purpose of the...
Introduction Inflation is a highly contentious issue. This is due to its economic implications. For instance, if not regulated, inflation has the potential of crippling a country’s economy. As a result of this, governments are always coming up with policies and strategies to ensure that it remains at manageable levels,...
For businesses to manage a good stock flow, inventories help balance between new and old stock as it protects businesses from recording preventable losses. In most cases, this is achieved by the use of First In First Out (FIFO) and Last In Last Out (LIFO) models of stock tracking. LIFO...
Real estate investment is the commitment of finances to the property with the objective of generating income through lease or rental with an aim of capital appreciation in the long run. Real estate is basically land and any developments made to land and the sets of rights acquired with it,...
