2519 samples of this type
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 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...
An economic tool refers to methods that are utilized by economists in the analysis of various issues. Such tools include the demand and supply curves which are used to illustrate various concepts such as elasticity and conduction of marginal analysis. In the health care industry, there is a wide range...
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...
Abstract Much can be said about the differences and similarities of the IMF and WB. But that is not the concentration of this paper. Instead, this paper shall concentrate and focus on the various functions that fall upon the International Monetary Fund as a part of the world economic foundation....
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...
The classical time-inconsistency problem analysed by Kydland and Prescott (1977) and Barro and Gordon (1983), and followed by a large literature, is based on the following model: y = γ (π – π ) + u , where yt is the log of output (or employment), measured as a deviation...
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...
1. Top Choice Investments have given you £2,000,000 to invest for them. The funds can be invested in one or more projects. These projects are all indivisible. The investors require a minimum return of 25% and they are high-risk takers. Details of the projects are as follows. Correlation coefficients between...
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 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...
North-South Divide The North-South divide aims to outline the gap in economic development and the welfare of different regions. In general, one can argue that there is a clear divide between the wealthy and developing nations. The scholars of the 20th century conceptualized this idea, by creating the North-South divide...
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...
Online Banking Services in the UAE: Abu Dhabi Islamic BankIntroduction In 2019, most banks around the world offer online and mobile banking services. The advantages of the Internet and communication technology have immensely improved the speed and convenience of banking operations for customers and financial institutions alike. The availability of...
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....
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...
Introduction The history of banking dates back to Ancient Greece and the Roman Empire. The first prototypes were created by merchants around 2000 BC in Assyria and Sumeria. During the Roman Empire and in Ancient Greece, banks were primarily based in temples. Lenders accepted deposits, issued loans, and changed money....
Introduction The last century was marked by a spectacular battle between two powerful economic systems and ideologies: communism and capitalism. By the end of the 21st century, it has become exhaustively clear that capitalism seems to prevail and bring countries to prosperity and economic domination. Communism, on the other hand,...
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: The Issue Divorcing a strong and powerful economic community is a rather controversial decision that will inadvertently cause significant internal and external conflicts for any state. The case of Brexit proves that the refusal to be a part of the European Union (EU) is fraught with serious consequences that...
Introduction Multinational Corporations are complex in their operation (Jones, 2004, p.45). This arises from the fact that they involve a number of business units that are autonomous in their operation (Bohlander & Snell, 2009, p. 659). In their operation, MNCs are required to respond to diverse foreign issues such as...
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...
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....
Chapter summary This chapter talks about what foreign exchange is and explains the meaning of a foreign exchange market, shows how the market works and indicates the forces that determine exchange rates, explains the association between exchange rates and international business and highlights the functions of the foreign market. Foreign...
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...
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)...
External factors such as Consumer Price Index (CPI), consumer behavior, and inflation rate play a very important role in stimulating economic growth. For instance, the rate of inflation of a given economy will affect its growth since a high inflation rate may lead to low economic growth. Though internal factors...
Introduction Muhammad Yunus, Nobel Prize winner, is the founder of the Grameen banking system; he had the aim of elevating poverty through financial empowerment of the poor in the society. The idea is moving fast in developing and developed countries. This paper discusses various aspects of the Grameen banking system....
How can policies and regulations impact financial institutions? Whenever regulations are lifted, some financial institutions may most likely run into financial losses. In most cases, earnings are increased through protected monopolies. However, the introduction of policies and regulations often break this link and hence, financial institutions end up losing greatly...
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)....
Abstract The halo effect in business is a kind of a cognitive bias, which is created as a result of the customer’s tendency to perceive brands, companies, or products relying on the overall impression. The effect appears when the rater develops a holistic opinion before performing a detailed analysis. As...
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...
The entry strategy chosen for Emaar is FDI or foreign direct investment. This strategy was selected due to the specific economic state of Kazakhstan, which will supposedly soon enjoy steady economic growth but remain to be a developing country. For Emaar, a company that is present in more than 30...
For most intents and purposes, credit cards are superior to carrying cash. They are more compact and secure and can enable payments over the Internet. The situation for vendors is somewhat different, but credit card readers are becoming increasingly widespread. Nevertheless, many people prefer to use cash instead of cards...
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...
Normative vs. Positive Analysis Economics, at large, belongs to the sphere of academia. Still, economists often perform consulting, analytic, advisory, and other roles. Consequently, it is critical that an economist is skillful at making statements and judgments on the function of government policies and can evaluate them to determine the...
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...
Introduction Speculators in the telecommunication industry provide information on the bright future of the sector. The telecommunication industry is a wide sector in every country and calls for massive investment from both public and private investors. There are several countries, which leads to the list of the advanced countries in...
The public budgeting leaders have the responsibility of fulfilling various roles including planning, reforming, and budgeting. Public budgeting involves three areas that are mostly dominated by the fields of economics, planning, and data sciences. Planning is used to determine goals and setting up the necessary programs to achieve them. Programming...
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 – 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...
Big Mac Prices from All over the World: Minor Discrepancies Despite the fact that a lot of people view a clear connection between McDonald’s and the current economic state of the U.S., the assumption that the McDonald’s fast food affects the economy of the United States is wrong – instead,...
World Expo is regarded as an important international venue similar to the Olympics. This world exhibition is aimed at exhibiting products, trade, and innovation that can help the humanity address the major challenges it is facing (“In Depth”). The first world exhibition took place in the middle of the 19th...
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...
Brazil is becoming an economic powerhouse in the world today. This country has continued to enjoy a stable economic growth for the past 15 years (Sachs). Brazil has been opposing the industrialized world on many issues such as global warming and climate change. Brazil embraces the best economic practices and...
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...
Legal Challenge Against IRS PTIN Fees and Court Ruling The article “IRS must refund excessive PTIN fees it charged” discusses a case of a district court ruling that the IRS overcharged for services related to return preparation. According to the author, the IRS was ordered to reimburse the increased costs...
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 The Panic of 1907 and the Great Recession of 2007-2009 were both significant financial crises that had profound impacts on the U.S. economy. Similarities A key similarity between the two events is the role of financial contagion and the subsequent loss of confidence in the banking system. In 1907,...
Introduction Robert Kiyosaki wrote the book Rich Dad Poor Dad to depict the aspect of financial literacy based on his experience growing up with two fathers, one being his biological father and the other his father’s friend. On his account, Kiyaski stated that his biological father, “poor dad,” believed in...
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...
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...
Market dynamics are based on the interaction between supply and demand. The need for a steady supply of power increases as the world’s population rises and urbanizes. The utility sector, with electricity as a good example, is crucial to this knowledge. To highlight how important the electricity sector is to...
Introduction The healthcare system in Mexico is a complex combination of public and private providers. The government, through the Ministry of Health, controls access to health care to a significant degree. Mexico has a universal health care system known as Seguro Popular, which was implemented in 2004 to ensure that...
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...
The topic will illustrate the digital currency and its effects on consumer behavior in Saudi Arabia. A digital wallet is any program, electronic gadget, or internet service that enables people or organizations to conduct transactions electronically. Along with other things like gift cards and driver’s licenses, it keeps users’ payment...
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...
Perfect competition matters because it creates numerous producers of identical goods and services, so no single producer may affect the market price. Prices are governed by supply and demand dynamics and are identical for all producers. This form of competition generates an efficient market since each producer is motivated to...
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,...
Introduction In 2008, the world began the financial and economic crisis, which manifested in the form of a substantial decline in the leading economic indicators in most countries with developed economies, which subsequently escalated into a global economic recession. The emergence of the crisis is associated with several factors: the...
Executive Summary Globalization is a term used to describe the increasing interdependence and integration of national economies. Local economies could suffer if globalization has the opposite effect of helping developing countries. This paper investigates the impact of globalization on China’s aviation industry. The report covers a wide range of topics,...
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...
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....
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...
Summary In a three-stage expansion process, Netflix could make strategic decisions and establish effective policies in those markets. Before moving forward, they carefully selected a few calls to employ as a test and then studied those markets. One of the best strategies the business can employ to expand is to...
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...
Jane Schneider’s interpretation of the fairy tale in which the demon offers to help a young woman spin straw to gold is the depiction of how industries have thrived at the expense of social welfare. The argument can be supported further by Jane Collins’ statement that the corporations subcontracting garment...
A phenomenon that gathered speed after World War II, globalization has tremendously impacted the international economy, society, and culture by enabling greater interconnectedness and cross-border exchange of people and ideas. Globalization is a complex phenomenon that has benefited developed countries economically while unfairly distributing wealth to underdeveloped nations and disenfranchising...
Introduction In this essay, I want to highlight the main concepts from Chapter 4 of macroeconomic principles and tell you what they mean. I believe the basic concepts are supply and demand, market equilibrium, monopoly, oligopoly, and competition. I can say that the whole economy is built on these concepts,...
To assist the economy in achieving its objectives of expansion, level of employment, and price stability, the government is taking several measures. It exploits its power of taxing and spending through fiscal policy and exercises its authority to control the money supply and the level of interest rates through monetary...
Introduction Change in the competitive domains of several firms, technological advances, improved cross-border labor, and Foreign direct investments are the leading forces that are responsible for the contemporary internationalization of various enterprises. Mainland China has got a substantial number of multinational corporations that are rapidly growing. Some examples of 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...
There are many microeconomic issues which affect American cities, and one of the most prominent of them is the housing crisis. In New York, the problem with the rising rent and a growing homeless population is particularly notable and attracts considerable attention of local media. In the article, “Eric Adams...
Introduction Reform strategies, including abolishing price restrictions, deregulation of capital markets, reduction of trade-based barriers, and commercialization and austerity, are examples of neoliberalism today. Mexico, Canada, and the U.S. came into agreement with the North American Free Trade Agreement (NAFTA) in 1994. The free-based trade agreement went into effect on...
Introduction The political stability of any country depends on numerous factors and is vital for its further evolution. First of all, the economic factors are critical determinants of how the nation evolves and the health of the whole system. At the same time, the level of citizens’ trust in their...
Introduction 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...
Introduction The article State Capacity and Long-Run Economic Performance by Mark Dincecco and Gabriel Katz (2016) explores the relationship between political transformations and sustainable economic growth. Specifically, the authors analyze how increasing state capacity and establishing a limited government in Europe affected the financial performance over several decades. They have...
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...
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...
Evian drinking water is a sort of bottled water produced by the French company Evian Inc. As mentioned by the producer, water is collected from the French Alps consisting of naturally occurring electrolytes and enhanced with zinc and magnesium. Water costs $12.53 for six one-liter plastic or glass bottle. As...
Since it was discovered in December 2019 in Wuhan, China, COVID-19 has caused massive human suffering and undermined the global economy. The lives of billions of the world’s populations have been turned upside down by the pandemic, which has significantly affected the social, environmental, health, and economic domains. By now,...
“Taxation without representation” is when a whole population is taxed but has no say in spending money or implementing policies. The colonists of the United States said to their British overlords that “taxation without representation is tyranny.” Because of the adoption of the English Bill of Rights in 1689, it...
The auction represents a valuable aspect of the existence of the modern economy. Furthermore, an auction is a type of market trading in which the seller, in order to maximize profit, uses direct competition from several buyers present at the auction. It is worth noting that it is the seller...
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 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...
A greater understanding of the processes that govern market operations is an essential part of creating and running a successful business. The study of economics enables one to get a bigger picture of the relationships between companies, governments, and customers. This essay reviews the following topics: supply and demand, elasticity,...
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...
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...
Explain how overall national savings is related to overall investment and why savings is always equal to investment. Savings are a part of income that is not consumed now, that is, the accumulation of finance. Therefore, savings, formed by the difference between income and expenses, are the primary investment source....
Introduction In economic theory, there is a concept of market efficiency; the Efficient Market Hypothesis (EMH) is one of the basic ideas of finance theory. There are three forms of market efficiency: weak, semi-strong and strong. The criterion of efficiency is determined by the access of its participants to information....
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...
The establishment of the US dollar as the global vehicle currency in 1944 during the Bretton Woods Conference influenced the global economy after World War II. This economic system created a resilient platform for the stabilization of global economic performance in the 1950s and 1960s. However, this system was short-lived...
Introduction and Background Holland Village is a neighborhood situated along the border between Bukit Timah and Queenstown in central Singapore. The village is a renowned retail and dining destination for youths and tourists. It is dominated by and frequently visited mainly for its restaurants and bars and a few specialty...
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...
The process of globalization is often viewed as an exclusively modern phenomenon that has arisen due to the development of multinational corporations and technological innovation. However, historians have been considering the periodization of world integration for a long time and also trying to determine the time of its beginning. Nevertheless,...
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...
The main reason why an investor would pay attention to the balance sheet is the presence of detailed information on liabilities and assets. The significance of all the resources that an organization either owns or owes could become decisive in the long run, protecting the team from unexpected losses or...
Introduction The modern world is characterized by a high level of globalization and multiple travel opportunities. The development of different means of transport, especially civil aviation, provided millions of individuals with a chance to move to numerous states. This openness is viewed as one of the most outstanding achievements; however,...
Introduction It would not be an overstatement to claim that the Great Depression era was one of the darkest pages in U.S. economic history. Causing the U.S. economy to suffer a tremendous collapse, Great Depression led to poverty rates spiraling out of control, while also affecting other countries such as...
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...
Evaluate Theories of International Development International development focuses on engagement with economically deprived regions to empower its people to improve their welfare by addressing the causes and impacts of poverty. Modernization theory is among several ideas used in international development, and it became prominent in the 1950s and 1960s in...
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...
Introduction In the selected article, the author indicates that markets have failed to return to normal following the end of the infamous financial crisis. The concept of secular stagnation tries to explain how such a situation has developed. It describes how an increasing susceptibility to save money and a decreasing...
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...
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...
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...
Introduction There are several types of foreign exchange rate systems namely; floating exchange rate, pegged exchange rate and fixed exchange rate system. In a floating exchange rate system, the market movements determine the rate of exchange. The government or the central bank does not interfere with the rate of exchange....
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,...
The global financial crisis of 2008-2009 was triggered in the US as a result of the bursting of the US housing bubble. This was precipitated by the increased defaults of subprime mortgages where banks encouraged homeowners to take on high loans hoping that they would be able to pay them...
Introduction Brand-new technologies have become a critical element of the labor market and its working operations. They make it feasible for organizations to automatize the production process so as to increase the level of output and overall performance. However, with the introduction of machines, manual and routine tasks previously operated...
Introduction Abu Dhabi Commercial Bank was founded in 1985 and is currently the third-largest commercial bank in the United Arab Emirates by Assets. Abu Dhabi Commercial Bank is a UAE-based public joint-stock company that operates in the commercial bank sector. Most of the Bank’s shares (about 65 percent) are owned...
This paper seeks to logically discuss and critique the modern portfolio theory (MTP) that emerged in the 1950s as the brain child theory of Harry Markowitz who spearheaded its advocacy as being the first scientific means to quantify investment risks. What was meant by this was that if the concept...
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...
Introduction One of the most important issues studied by macroeconomics is the decision-making process and motivation, where economic incentives play an essential role. In business, policy-making, and different kinds of economic relations, incentives are believed to define people’s behavior and induce a particular reaction. Since incentives serve as the trigger...
Introduction Nairobi is the capital city and administrative headquarter of the republic of Kenya, in East Africa. The city is situated 10 South and 360 East, 87 miles off the Equator. The city is at an altitude of 5,512 feet about sea level and has an area of 266 square...
The main objectives of these portfolios are to construct a portfolio that is of low risk and low correlation between the stocks selected for a period of 3 weeks. The portfolios selected should have a volatility of less than 130 percent. The portfolio aims at investing 10 million in Hang...
Canada’s economic system is robust and supported by many industries’ success, including banking and finance. Besides, attractive investment and business-friendly taxation policies attract new players to the Canadian market, allowing for healthy competition and creating new jobs. It is also important that Canada has excellent talent potential, as most Canadians...
Introduction Modern society tends to substantially develop itself within the scope of discoveries, technical achievements, and improvement of social relations. Moreover, in the scientific dimension, discussions are no longer merely about the gradual transformation of historically established conditions, traditions, and trends. It is about the attainment of the so-called sustainable...
Introduction Exploring the nature of the company’s microeconomics is an essential part of developing a successful strategy for its future growth. This paper will review the banking and financial management of the Russian company Sberbank, which began to expand globally in recent years. Frexias and Rochet (2008) describe banks as...
Introduction The public sector is the main service delivery point for most nations. Citizens obtain basic services from this crucial part of the economy. The control of the public sector is mainly by the government that is in power at any particular time. Traditionally, authorities were charged with the delivery...
Introduction The onset of Covid-19 in December 2019 was unprecedented since its spread and impact were not imminent at the time. By March 2021, the world had to shut down; movement restrictions were introduced. Social distance, both partial and total lockdowns mandates were also implemented changing human behavior patterns (Mehta,...
Countries use different corporate governance approaches based on the policies and laws, which inform their economies and business dynamics. In this regard, the Continental European model embraces a broad range of stakeholders. It adopts Latin and German characteristics, focusing on fulfilling commercial activities in a socially responsible manner (Maszczyk, 2020)....
A recent debate concerning the proposal of Tax on Sugary Beverages has created a huge controversy and divided opinion. This division emanates from predictable sources. On the one hand, leading manufacturers and distributors of soft drinks have formed a vanguard of natural opposition to the proposed tax. On the other...
An annual report is a summary of all financial operations of a company and includes detailed information about its assets, loans, generated revenue, and market value of the company. An annual report serves as a financial statement that describes how successful the company is, and must be accessible to the...
The limited liability company is a comparatively new type of business entity that remains popular because of some benefits that arise from the existing regulations and legislation. There are several advantages that explain its topicality and its consideration as a beneficial option. First, it suggests special pass-through tax treatment that...
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...
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...
This research article discusses the role of the bank either knowing or unknowingly in laundering the money obtained by cheating. When massive money is transferred, banks should exercise utmost caution so that they cannot be later accused that indirectly helping the cheaters to cleanse their dirty money. Banking has now...
Introduction, 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...
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...
In modern times, the entire human civilization is defined by the capitalistic approach to all relationships among people and countries. The current world paradigm calls for focusing on materialistic benefits and idolizes the pursue of profit as an accurate measure of one’s happiness and success. Pope Francis insists that living...
The Ugly American is a political novel by Eugene Burdick and William Lederer. It was first published in 1958 and caused a tremendous political resonance, including establishing the Peace Corps by the Kennedy administration. The authors’ main goal was to criticize the deficiencies and show the US diplomatic service failures...
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...
Expansionary and contractionary fiscal policies are the two tools implemented by the government to control economic growth. They both use government spending and tax policies to regulate the flow of money. The expansionary policy reduces taxes and increases government spending to increase the flow of money to the economy, while...
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)....
The practice of exhibiting proactive social responsibility has become a trend among leading firms operating in the global arena. Corporate social responsibility (CSR) represents a set of actions taken by an organization in order to improve the overall social good beyond the direct interests of the company. Such actions have...
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...
