Demand and Supply in Labor Markets

Among the topics that were covered in chapters 4, 5, and 6, one of the most relevant ones was demand and supply in labor markets. The laws of demand and supply are essential for the functioning of the financial markets. The financial dimension of supply and demand correlation is much...

The United States’ Import and Export

Vehicles and automobiles are one of the most fundamental imports of the USA. The number of cars transferred to the country from abroad has increased in the past decades (Samuels, 2019). The USA is one of the leading net importers in the world of goods and has become the world’s...

Retail: Bower’s Case Study Analysis

Summary Bower’s case study focuses on the measures that the management of Marcs & Spencer took to restore the company’s image as a retail power. Founded in 1884, the firm has had numerous periods of decline and growth. For example, despite its progress at the beginning of the 20th century,...

Investing in Ethereum: Advantages and Disadvantages

The rise of technologies provided individuals with new ways to pay for goods and services without using cash. Thus, Ethereum (eth) is one of the cryptocurrencies available to individuals today. It is a specific form of virtual money used in the form of tokens or coins (Bhattacharya, 2021). Today, there...

The Russian invasion of Ukraine and Its Impact on International Trade

The Russian invasion of Ukraine has caused enormous human misery, but it has also harmed international trade, which will disproportionately affect low-income nations. Higher costs for commodities such as food and energy resources, raw materials, for instance, will actually increase inflation further, diminishing the value of earnings and putting downward...

Discussion of Affordable Housing Solutions

Shelter is the basic need of every person, yet quite often, people face difficulty with finding a place to live due to high costs on the market. As a result, there is a substantial demand among citizens for affordable housing, which would allow them to have proper living conditions without...

The G20 Countries’ Competitiveness in Renewable Energy Resources

Definition of the Key Term Porter’s Diamond Theory is a theory of competitiveness of the national industry based on four primary components: factor conditions, demand conditions, state of related and supporting industries, and firm strategy, structure, and rivalry. Article Summary The article by Fang et al. (2018) presents an assessment...

Pfizer’s Investment in Comirnaty Vaccine

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

Pure Economic Loss and Legal Responsibility

Introduction The doctrine of pure financial loss is a significant development in the American and European tort laws. At the same time, the development has been confusing with controversies over the definition and restricting principles governing pure economic loss in different states. The pure economic loss has been a fascinating...

Consumerism: “On Dumpster Diving” by Lars Eighner

The article “On Dumpster Diving” describes people eating behaviors and how they waste food unknowingly. The paper describes how consumers waste a lot of food and if they are aware of their wasteful lifestyle. In addition, it questions if those with wasteful behaviors are knowledgeable or care about their habit....

Budget Development in Public vs. Private Sector

In building a budget of any scale, it is necessary to consider many details. The most standard budget requirement is the excess of revenues over expenditures, which ensures the continued functioning of the organization. However, in some cases, this rule may be violated. The purpose of this essay is to...

Comparing American Dream Collapsing and the Fading American Dreams

The first article is American dream collapsing done by Jim Tankersley in 2016. The author is writing about the decline in several children earning more than their parents. In 1940, 92% of children earned more than their parents compared to 46% in 1980 (Tankersley, para 2). The biggest conversation is...

Post-Pandemic Work Environment

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

Earning per Share and Return on Investment

Background of the Case Earning per share (EPS) is known to be a key metric used to determine a shareholder’s portion of the company’s profit. It is widely used to assess a company’s performance, and high values of these indicators usually make a stock more attractive to potential investors (Earnings...

Advantages and Disadvantages of the Internet and Mailed Surveys

This study may not reflect the views of the general population. This is because the elderly, who are part of the entire population, do not have access to the Internet as unnecessary. It turns out that in this case, they will not receive e-mails sent by e-mail and also will...

Solution for the House Purchasing Scenario

Background The purchasing of a house is one of the most complicated financial decisions people make. It requires significant efforts to choose the most suitable option, taking into account all the current and potential necessities of a family. The vital point is the price of a house and other related...

Aspects of Event Venue Investment

The two main factors to consider in determining investment in event management services are cost/logistics and usability/operability. Cost is a major factor, depending on a range of other influences. Constructing a dedicated event management facility from the bottom up will be more costly as it includes elements of planning and...

The Influence of the COVID-19 Pandemic on the Housing Market in Singapore

Despite the COVID-19 pandemic, which has caused various economies around the globe to fumble and struggle, the housing market in Singapore tends to remain in a healthy status (Global Property Guide, 2021). However, it is true that the increased demand created by the delay of the housing board for Singapore...

Monopolistic Competition and Oligopoly: Are They Effective?

Introduction In industrial organizations or microeconomics, market structures are normally categorized into monopoly, oligopoly, perfect competitions, and monopolistic competition based on the extent of concertation, product differentiation, and entry barriers. It is commonly depicted that when a market is seamlessly competitive, a balance is attained controlled by invisible forces, which...

The Ways to Start Saving and Investing

Saving and investing will always attract people who are interested in making money via financial operations. Savings are not spent income or postponed consumption that can be achieved through various ways. Some individuals still adhere to conservative savings methods such as piggy banks, participating in sou-sous; some create savings accounts...

Food and Water Security as Globalization Issues

The change from local to the international economy is a crucial concern for the field of ethics. Globalization has several implications for the business environment, among which are the expanded access to resources, interdependence of international companies, and improvement of the labor force (Ast, 2018). However, the ethical consequences of...

The Market Economy and Capitalism

Introduction The topic of market economies opened my eyes to the operations of local and global markets. Notably, a market is defined by the interaction between buyers and sellers through the determined modes of exchange. The product being sold and the principles governing such exchange is the main determining factor...

Aspects of International Trade

Introduction Many theories of international trade have been developed to explain the relationships between partner nations. Many countries appreciate the need for doing business with others because of the underlying benefits, including faster growth, improved productivity, and innovation (The World Bank, 2018, para. 1). According to Gani (2017, p. 280),...

Analyzes of “Jean Tirole: Market Power and Regulation” Work

Jean Tirole: Market Power and Regulation In what is perhaps the culmination of his life’s work, Jean Tirole: Market Power and Regulation encapsulates the efforts of a man focused on revolutionizing global economics. Tirole’s decisive and methodical approaches to issues such as competition and regulation have improved upon existing theories...

“Gnomes” (The “South Park” Series) and Capitalism

Introduction The “Gnomes” refers to the seventeenth episode in the second season of the South Park series. The series follows Stan, Kenny, Cartman, Kyle, and Mr. Tweek’s son after writing a report according to Mr. Garrison’s instructions. Harbucks plans to start selling coffee in South Park, threatening Mr. Tweek’s coffee...

Treasury Bills and Treasury Notes

The modern world economy offers a wide range of tools for investment. All of them have individual characteristics and have their features. When making a choice between investing in Treasury bills or Treasury notes, I would choose favor of bills. Undoubtedly, both types of investments can be convenient in their...

Impact of the Coronavirus Pandemic on the Global Economy

Introduction Health issues on a global scale have always been essential for the functioning of the whole global community in various domains, including economy, politics, social life, and others. Indeed, the breakouts of transmittable diseases in the worlds’ history have commonly been associated with recessions, crises, and adverse social and...

Addressing the Changing Customers’ Needs in the Hospitality Industry

Introduction In the hotel sector or the hospitality industry in general, the consumer is very crucial. The entire point of the business is to keep customers pleased. However, the margins are gradually shrinking; it is no longer enough to keep customers satisfied. As a hotel manager, one must create new...

Japan’s Long-Term Recovery After the 2011 Tsunami

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...

Henry Clay’s American System, Economy and Market

Henry Clay’s American system The American system of Henry Clay could be described in various ways. The best characterization one could provide is that this was anticipated as a set of tariffs and other barriers regulations, based somewhat on the establishment of a national financial institution controlled equally by private...

The Impact of Monopoly on Economy

Market Inefficiencies Caused by Monopolies The simulation game taught me that monopolistic models are detrimental to both market actors and consumers. The dominance of monopoly in the marketplace produces two types of inefficiency, namely consumer exploitation and allocative inefficiency. When only one entity rules the entire market, consumers cannot purchase...

The Return on Security Investment

The calculation of the Return on Security Investment (ROSI) entails the combination of the quantitative assessment of risk and the cost of implementing security to counter the measures of the risk. Security is often more complex to measure in that an investment does not offer increased revenues but does provide...

Current Events in Macroeconomics

I learned from the video that the world needs to keep pushing forward to financial inclusion. Currently, over 2 billion people are either unbanked or underbanked – people outside of the banking systems and people who cannot access the full scope of opportunities these systems offer (TED, 2021). In other...

Capitalism and Democracy: The Problem of Coexistence

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...

Globalization: Arguments For and Against

Globalization as a process began several decades ago along with the restructuring of the world, the emergence of new states, and the development of new technologies. This process continues today, and arguments both in support and against this phenomenon are expressed regularly. Such a broad discussion of this event in...

Economic Adviser Assignment: Macropoland

The country’s economic growth ensures the wellness of its citizens and indicates a high standard of living. The inflation and unemployment rates are two main factors contributing to economic development. Their proportions determine the rise and decline of the country’s economy. The crucial elements in understanding these propositions are aggregate...

“The Travels of a T-Shirt in the Global Economy” Book by Pietra Rivoli

Pietra Rivoli’s book The Travels of a T-Shirt in the Global Economy describes the processes that a T-shirt moves through before and after it makes a finished product. The author uses the T-shirt creatively to analyze issues related to international business, including the market, power, and politics of global trade....

Payback Period Model Overview

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

Understanding the Relationship Between Discount Rate and Risks

The discount rate for the following equities A risk-free equity for the US Treasury Note The definition of the risk-free equity suggests an extreme scenario. The reason why the US Treasury Note is risk free is because it is expected to be free of default risks. In other words, it...

Vietnam’s Emerging Market Potential

The western countries can help Vietnam improve its business climate by assisting the country in improving its legal, political, and regulatory frameworks. Since Vietnam’s exports depend on multinationals such as Samsung, the country must focus on providing opportunities for local companies. Western nations can instruct the Vietnamese officials on how...

Economic Development: Analysis of Portland, Oregon

Portland, Oregon will be examined to determine the current status of economic development. The resources for this study initially will come from public administrator generated information. The data will be assessed using S.W.O. T. Analysis. “Smart” Action Research will then be conducted to determine what specific economic development strategies may...

Investment Strategy: Construction of Portfolio

Introduction Selection of market securities that would be included in a certain investment portfolio requires scanning of various instruments in diverse financial markets. The markets from which the market instruments are picked include the capital market and the money market (Jordan, Miller, & Dolvin, 2012).The capital market is involved in...

The Foreign Exchange Rate Systems

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....

Probability, Distribution, and Simulation

Initial Post Part A: Simulation Simulation in Excel is a simple task that does not require much time. If one needs to simulate random values, he or she may use simple functions of RAND or RANDBETWEEN functions. RAND function provides a number between 0 and 1 with a low probability...

South African Economic Stability

South African economy is the largest in Africa with a GDP of above $ 287 billion, and a 5-year average real GDP growth rate of 3.7 %. The country’s economy is driven by vast natural resources like gold. There are also very many different types of industries. In addition to...

Financial Crisis: Beyond 1929 – 2008 Comparison

Abstract This report compares the great depression of 1929 with the financial crisis of 2008. The basis of comparison is with respect to outset, causes, effects and nature. The report describes the general factors that are likely to cause financial crisis. It also includes the various forms of financial crises...

Importance of Glocalization

The opinion of the CEO is correct in my opinion. The world is segmented into various countries and countries into cities not just because of their geographic meaning but due to the differences within these locations. Each country is made up of different languages, dialects, cultures, religions, etc. Furthermore, the...

Islamic Reits: Real Estate Investment Trust

A Real Estate Investment Trust (REIT) is a security that can be sold like stock. Concurrently, it can be invested (either directly or indirectly) in real estate through properties and mortgages. There are varying types of REITs with the major ones being Equity REITs and Mortgage REITs. There are also...

Value and Non-Value-Added Costs

There are various costs that are associated with selling a particular product and its distribution. A value-added cost increases the benefits of a certain offering to customers (Kenton, 2019). At the same time, a non-value-added cost is a production expense that does not contribute to the increase in the amount...

National Competitive Advantage of Industries

Michael Porter’s Theory of the National Competitive Advantage of Industries MichaelMichael Eugene Porter has written over 20 books and other works that had a significant influence on the world of economics. In the 1980s, he published his article Competitive Advantage, which shortly revolutionized the field. However, his fundamental work, The...

Equity and Debt in Economy

I work in a company dealing with horticultural products. The two main categories of our products are fruits and flowers. The company imports the products from countries where the products are cheaply sourced. We then distribute the products locally to wholesalers and retailers. The company’s most important assets are warehouses...

Growth in Public Sectors of Major Economies Over the Past 60 Years

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...

Diffusion of Innovation (DOI) Theory

When designing a practice change, it is crucial to utilize an appropriate change model to ensure the effectiveness of the process. Change theories can help in a myriad of ways. For instance, a relevant model is beneficial for planning future change by identifying the critical stages to achieve success (Batras...

Geographical Diversification and Globalization

Introduction Globalization has led to most business organizations shifting their operations to cover wide geographical areas. With current favorable terms of business operations between countries, it has been possible for businesses to diversify their market by venturing into other markets both locally and internationally (Stiroh & Rumble, 2006, pp. 2131-2161)....

Supply, Demand, and Government Regulation Impact on Prices

The market balance is fragile and influenced by many factors. There is the fundamental economic law of supply and demand, which explains how these two economic quantities affect each other and how they shape the prices of goods and services. According to the law, prices fall when supply exceeds demand...

Investing in Real Estate in Germany: Factors to Consider

Assiduous business professionals will agree to the fact that a multiplicity of factors needs to be considered before any decision to invest at an international level is made. Business entities do not exist in a vacuum; they affect and in turn are affected by various cultural, geographic, physical, legal, political...

The Aim of Annual Report in the Company

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...

Limited Liability Company: Advantages and Disadvantages

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...

Fixed Versus Floating Exchange Rates

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

Acquisition of Foreign Companies

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

Market Failures and Governmental Interventions

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

Raising the Minimum Wage Research

Opinion on Raising the Minimum Wage From a personal viewpoint, increasing the minimum wage is great for the continued protection of workers against unduly low pay. However, this plan works best if the salary floor is set based on supply and demand for labor as opposed to other factors such...

The Issue of Limiting Auditor’s Liability

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

Measuring Inflation: Article Analysis

Problems of Measuring Cost of Living Fluctuating in a seemingly unpredictable way, inflation rates are shaped by a range of factors, one of which is the change in the cost of living. However, measuring the specified characteristic is also quite difficult due to the multiple variables that have to be...

How Residents of Georgia Understand and React to Globalization

Introduction The far-reaching changes across American states, caused by globalization, affect everyone. Feng et al. (2019), for example, mentions that more open policies support new technology, which in turn create a more interconnected society. The level of interconnection introduced by globalization includes increasing investment, economic interdependence, and global production. Feenstra...

Consumer and Investor Confidence Importance

Introduction The concept of confidence in the field of economics relates to the activities and perceptions of both consumers and investors. However, its impact on them differs, and it is necessary to consider consumer and investor confidence separately. Despite the existing differences, the common characteristic of these types of confidence...

Capitalism, Climate Change, and Globalization

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 Impact of Food Choices on the Economy and Environment

I live in Manhattan, New York, and I can find anything I need in local grocery stores. My favorite one is Gristedes since it is situated close to my home and works long hours. Also, there is a delivery option, which is highly crucial in the present-day pandemic situation. For...

The Positive and Negative Aspects of Globalization

Globalization is the result of many socio-economic processes associated with the widespread use of information technology and new means of communication. It is not difficult to find a connection between globalization strategies and philosophical categories. The new era of rational dialogue is characterized by a respectful attitude to worldview differences...

The Global Marketing and Trade Environments

The first article selected is “The Great Recession: A Self-Fulfilling Global Panic” by Philippe Bacchetta and Eric van Wincoop. The scholars explain that as long as there is minimum integration between two economies, both will be significantly affected when one falls. Bacchetta and Van Wincoop’s (2013) argument is based on...

The Futures Contracts Case Study

Introduction When entrepreneurs decide to engage in futures investments, they must remember that it is always a risky business. The initial cost of buying a contract always changes, so it is difficult to guess whether the purchase will be profitable or not, and will bring only losses. However, using a...

A Business-Related Case Analysis

Business and entrepreneurship play an important role in the economy of the United States. American small, medium, and large corporations have the following ratios: 97–99%, above 1%, less than 0.1% respectively (Burns, 2016). The level of employment in large corporations in the United States exceeds 50 million people. Small (and...

Marx: The Primitive Accumulation of Capital

Main Argument The main argument put forward by Marx is that primitive accumulation of capital has come to play a relatively the same role in political economy as the story of original sin plays in theology. When it comes to the history of capital accumulation from its primitive form, any...

Measuring Inflation: Consumer Price Index

Measuring inflation is crucial for a country’s economic management and effective response to market changes. Many tools have been introduced to correctly and effectively measure inflation, yet the Consumer Price Index (CPI) remains the most widely used in many countries, including the USA. By “representing changes in prices of all...

Inflation in the Real Estate Industry

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

Family Budget Project in Microsoft Excel

Introduction Budgeting is a crucial practice that helps to achieve goals through the efficient use of money. Planning budgets can be beneficial both on corporate and family levels. Family budgeting is crucial for improving financial well-being. First, budgeting helps to distribute family income to achieve satisfactory living. Second, budgeting helps...

Fiscal Policy Conceptual Study

What Is Discretionary Fiscal Policy? The fiscal policy itself deals with government spendings and tax levels to manage the country’s economy and can be of several types. Discretionary fiscal policy is the policy where the government itself changes the tax rates and its’ spendings according to a specific goal. These...

The Important of Globalism and Nationalism

The issues of globalism and nationalism are essential for modern society. Multiple researchers of globalization focus on examining its products, phenomena, and the actual processes in which globalization is manifested. They barely touch upon and illuminate the essential question about its real sources and driving forces (Steger 21). This especially...

International Development: Goals and Projects

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

Types and Causes of Financial Crisis

Introduction A financial crisis refers to a situation where the assets of financial institutions keep on reducing their value. A financial crisis may occur in banks, at the stock market, or in Mortgage firms. In 2008, the world witnessed a slowdown in economic growth that saw an upsurge in the...

“The Broken Window” and “The Blessing of Destruction” in Economics

Introduction In the broken window fallacy, we see the baker losing the window in which he has to part with some fifty dollars to repair it. This loss incurred by the baker turns out to be a gain by some glazier, thus boosting the glass business. This implies that a...

The Preferred Financial Asset in Investment

Raising of capital When a company is looking into raising capital it is faced with a lot of options such as borrowing of loans, issuing of stocks that are tradable in the floor of stocks exchange or even use of a hybrid financial assets such as convertible bonds (Alon and...

The Economic Development of the Asian Tigers

Introduction We start our discussion by trying to understand the Asian market as a whole. Asia as a continent that has grown in all aspects including its economy; this growth is not unique to the region but was also realized in other parts of the world. The economic development of...

What Is the Best Way to Stimulate Economic Growth?

“What we know about the global financial crisis is that we don’t know very much” Paul L. Samuelson. The historical examples of economic growth and downturns and economic theories propose different ways out and solutions to overcome the financial crisis and stabilize the economic situation in a country. I am not...

Foundation of Microeconomics. Country Analysis

Introduction The three core economic issues which influence the decision-making and economic stability of the countries are What, How and to Whom. It is assumed that in different countries, manufacturers and distributors use different economic theories in attempting to fulfill preferences. The countries selected for analysis are Guatemala, China and...

Monetary and Fiscal Policies in the UK

Introduction Fiscal and monetary policies in every country are the two major tools to sustain macroeconomic stability and to ensure the functioning of the state. These two policies differ and use different inventory; however, their interconnectedness and hence the necessity to carefully interrelate them has been proven long ago, thus...

Real Assets Role in Multi-Asset Portfolio

Introduction Real estate is a common lawful term used to include land together with anything permanently attached to it (Brown & Matysiak 2000). The attachments may include assets such as buildings or any other thing that is fixed in location. Real estates till now maintains a quite high share of...

Global Leadership and Organizational Behavior

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...

International Monetary Fund Helping Turkey

Introduction The world of today is no longer one of isolation and aloofness. Rapid changes in all walks of life are the norm and they include political, economic, and cultural changes. It can be said that almost all the countries of the world are affected by this change. The advent...

Introduction to Macroeconomics: Investing in Transportation Infrastructure

Introduction The transportation infrastructure is important since it leads to economic growth of countries in the world. It is believed that in the 19th century investments the transportation systems such as the roads, railways, and canals stimulated economic development in the United States of America. There have been the propounded...

The Credit Channel of Monetary Policy

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

Corruption in Developing Countries – a Cultural Phenomenon

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

UK Electricity Industry Analysis

The term acquisition refers to a situation where one company purchases the shares in other. This can be through cash or by issuing its shares or a loan stock in exchange for the shares. This method of business combination is also referred to as the “purchase method”. In an industry,...

International Trades Simulation Analysis

Introduction International trade is the exchanging of goods and services among different countries. The stimulation will help identify the reasons of international trade and know the countries that are the best for me to trade with. In this simulation i will consider a very large country in terms of level...

Inequality in Russia: Causes and Consequences

Introduction The inequality in financial matters, socioeconomic policies and the public domain has become a global concern. Russia has moved from the Soviet era of populism to abject poverty and extreme riches. The fast financial development that Russia has encountered in the previous decade did not cause any change in...

Psychological Traits in Consumer Behavior

Introduction The development and survival of corporations in the globalized and expanding market depend on their capacity to satisfy customers. Consumer fulfillment pivot on recognizing, understanding, and executing the advertising techniques, data on the behavior consumers display in processing, handling, utilizing, and discarding goods to satisfy their requirements and needs....

Young Female Customers’ Luxury Fashion Purchasing in the UK

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...

Venezuela as a Country for Business Expansion

Executive Summary Venezuela is located in Latin America, and its gross domestic product (GDP) significantly depends on the country’s oil and gas industry. The current economic and political situation in the country is unstable, characterized by hyperinflation, high levels of bureaucracy, governmental restrictions for businesses, high levels of poverty and...

Brexit: Liberalism and Dependency Theory

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...

Corporate Investment Decisions and WACC

The following analysis of Wilson Corporation’s equity cost and Weighted Average Cost of Capital (WACC) is aimed at determining whether the CEO of the company made a reasonable suggestion to increase the long-term debt and balance debt by 60% and equity by 40%. In the beginning, it is important to...

Managerial Economics: Supply and Demand Market

Introduction The demand and supply equilibrium is the basis of all commercial interactions between consumers and producers. It helps determine the price of products and the quantity available to the market. As a rule, market forces tend to serve as regulators for the fairness of established prices. If the quantity...

The Impact of Globalization on Labor Market and Trade

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,...

The Hearing Aid Market: Demand and Price

Elasticity and Hearing Aids Over 30 million people in the United States experience hearing loss, but just over 7 million choose to use hearing aids. In other words, less than one-quarter of potential candidates for hearing aids use them. There are several reasons why so few people who would benefit...

Price Elasticity of Demand: Corn Oil

Effect of the high demand for corn on its substitute soybeans and effect of the high demand for corn on soybeans farm An increase in the quantity demanded of corn oil will reduce demand for its substitute corn oil. Farmers will consider supplying more of the highly demanded corn oil...

Microeconomics: Production, Costs and Profits

Economic cost Costs are defined as opportunities foregone when a decision is made; therefore, opportunity costs are costs of any action considered in form of greatest opportunity forgone (Willamette.edu, 2010). It is surrender value associated with the second greatest choice presented to the individual or firm which has selected amongst...

Managerial Economics: Supply, Demand and Firm’s Profits

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)...

Opportunity Costs of Education and Oil Industry

Opportunity Cost of Getting Education An opportunity cost refers to the cost that is usually the next best option available to a person amongst a set of mutually exclusive choices. This cost which is a fundamental concept of economics describes the basic relationship that exists between scarcity and choice where...

Macroeconomics: Monetary and Fiscal Policies

Explain the concept of the “Balance of Payments” (BoP), and how it relates to the foreign exchange (“forex”) market under a floating rate and a so-called “fixed” exchange rate. How does the latter regime cause problems for the Chinese economy? The balance of payment indicates all the transactions of a...

Canadian Housing Market from 1990 to 2015

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...

Canada’s International Trade Policy

Introduction International trade strategies have changed for Canada. In fact, 2017 is proving to be the year that define the country’s international trade policy. The US wants to renegotiate NAFTA and the dwindling outcomes of the Asia-Pacific trade policy, Trans-Pacific Partnership (TPP), provide an opportunity for a review of trade...

Chinese Manufacturing Superpower and Industrial Growth

China is currently the largest manufacturing economy in the world. Its growth is mainly attributed to the country’s ability to position itself as a global hub for business activities. In 2010, around 19.8% of the total manufacturing output in the world came from China (Dempsey 2012). Major industries in this...

Credit Quality in Banking Lending and Investment

Introduction For the last 30 years, bank institutions have represented more than half of the commercial lending sector and approximately a quarter of the entire corporate credit market1. The institutions are cautious creditors and repeatedly work to make credit accessible to credit-worthy companies and individuals throughout the country. Bankers analyse...

Future Fabrication, International Trade, Transportation

Nowadays, the development of air, rail, and road transport contributed to the development the worldwide delivery of the products. As for the fabrication, it might be conducted nationally and internationally while the whole process involves various matters such as intellectual capital, sophisticated design, and manufacturing. In this case, the maintenance...

Joseph Schumpeter’s Evolutionary Approach to Economic Growth

Introduction Evolutionary economics is mainly concerned with the study of the processes involved in the transformation of global and local markets. The field focuses on economic changes in relation to industries, firms, and institutions. It also analyses the impacts of these developments on employment, trade, growth, and production (Dopfer, 2005)....

“Marginalizing the Masses” by Noam Chomsky

Introduction This article is an interview with the renowned philosopher and activist, Noam Chomsky by Robert Schupp and Richard Ohlemacher on the issue of shadow economies. In the article, Noam Chomsky addresses the issue of shadow economies that has plagued the entire world. These informal economies are accused of enriching...

Matalan and Topshop as Investment Destinations

Executive summary The aim of this research project was to critically analyse Topshop and Matalan with the view of identifying the firm that is most appropriate for investment by Caifu Investments Ltd. The analysis shows that Matalan is a small firm that is easy to control. On the other hand,...

Types of Budgets Planning

Planning is an indispensable part of the process of managing any organization, a governmental organization in particular. Furthermore, to manage one, it is pivotal to create a budget of the organization or activity in question. A budget can be defined as a financial plan which includes items that need to...

The Economic Factors of the Beaver Depletion in Canada

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...

Economic Integration Agreements: Analysis and Implications

Basis for the EIA Support and Their Specific Benefits Having become a rather frequent occurrence in the environment of the global economy of the 21st century, economic international agreements (EIA) have reasons for being values so high by their members (Cooper, 2014). The countries that participate in EIA receive a...

Iron Ore Industry and Environmental Pollution

Introduction An iron ore deposit is a mineral collection of sufficient size, iron-content, and chemical composition with physical and economic aspects that makes it a viable source of iron either immediately or potentially. Economic viability is essential. No definite limits can be set on the size, grade, or mineral composition...

World Expo 2020 and Financial Losses in Dubai

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...

The Globalization Index and Singapore as the Leading State

According to the standards developed by Ernst & Young and titled as the Globalization Index (“HK, Singapore: top 2 most globalized economies, 2010), cannot be viewed as a fully objective instrument for measuring the extent, to which a state has succeeded in the process of becoming globalized. Instead, the index...

Multinational Corporations in the International Market

Introduction This paper entails a critical analysis of some issues encountered in international business. The issues are based on some questions are illustrated herein. Questions Why are governments in today’s world liberalizing cross-border movement of goods, services, and resources? Governments have a responsibility to ensure that the diverse macroeconomic goals...

Climate Change and International Trade

The relationship between climate change and international trade has been on a great verge of developing a new critical issue. This was so evident at the Conference of Parties (COP 17) Climate Conference that took place in Durban, South Africa; the November-December 2011 conference focussed on selected imperative issues that...

The Financial Crisis in the USA in 2007

Introduction The phrase financial crisis has been applied in wider aspects in recent days with an array of state of affairs is where some financial organizations or assets unexpectedly go down of a large portion of their value. Throughout the centuries, civilization has evidenced financial crises coupled with banking panics...

Financial Analysis of Post-NFL Bankruptcy

Introduction Dermontti Dawson was a former Pittsburgh Steeler who appeared in the NFL from 1988 to 2000. Despite a successful career, he experienced significant financial issues and declared bankruptcy in 2010, having around $70 million in debt (Andrew, 2022). Overinvestment in real estate, according to his instance, is a primary...

Navigating Cultural and Business Considerations in Argentina

Purpose of Global Expansion First, the company will have new revenue potential as it obtains access to a broader customer base. Given that the company discussed produces cellphone cases, the demand can be relatively high because most people have cell phones today. However, the competition may also increase if there...

Key Leading Macroeconomic Indicators

Summary of Excel Spreadsheet Report Analysis and Forecast Investors can use the economic review to determine whether the economy is experiencing a recession, for instance, before deciding whether to invest in a business that depends on purchaser spending. Economic indicators offer information about an economy and its growth or shrinking....

Evolution of Modern Banking: Middle Ages to Present

Introduction The history of banking began around 2000 BCE in Assyria, Sumeria, and India when wealthy families kept gold and silver coins in their homes. However, in the U.S., the banking system was started in 1782, where the first real bank was chartered in the then young republic. Hiding of...

Zero-Based Budgeting in Federal Budget Process

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,...

A Trade Policy for Game Consoles in the US and Brazil

Introduction Trade policies are certain agreements and rules that apply to international trade. This policy regulates what goods and services, and on what basis, can be exported or imported to countries, depending on the established agreements between their governments. Each country has its trade policy, which, among other things, sets...

Netflix: Globalization and Information Research

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...

The Ethical Repercussions Inflation Has Had on Businesses

Introduction The effects of inflation have been detrimental to many commercial enterprises worldwide. It is due to prices of the factors of production have increased, resulting in a rise in production costs. The finished product cost usually goes up to provide the means for the company to continue operating profitably....

Corruption in the African Countries

The main purpose of the work is to present the problem of corruption and possible solution in different parts of the world. African regions have been chosen to stay more specific in the discussion, and, on the examples of developed countries, the possible strategies unique for the African countries can...

Analysis of Investment Decision

Generally, the dilemma of whether to make investments or finance pending debts is a challenge. There are several factors that an individual must consider before opting to invest or pay current obligations. Based on the given situation, I bear three key personal liabilities which include a loan for the vehicle,...

Effects of Colonialism and Globalization

Income inequality is one of the significant legacies of colonialism. During the era of colonialism, colonies were perceived to be a major source of raw materials and for the industries of the developed nations. As a result, developing countries were deprived of their resources, making it difficult for their local...

Rent Prices and Factors of Their Change

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

Baby Boomers and the US Economy

In 1946, the year after World War II, there were 3.4 million births, a 20 percent increase over 1945; the so-called “baby boom” officially started at this point (Hayes, 2022). There were an extra 3.8 million births in 1947, 3.9 million in 1952, and over 4 million births each year...

The Harm the Oil Sector Imposes on the World

Introduction The oil sector has brought more substantial harm than benefits to the world. Since oil was first produced commercially in the mid-19th century in the USA, the global oil rush has left more damage to humanity than benefits. For decades, oil has been fundamental in fuelling our motor vehicles...

Japan: The Rapid Economic Development

Introduction Japan is among the most developed countries in the Asian continent. It has an unregulated trade and is a member of the two major global governance clubs, namely the G7 and G20. The country’s main industries are manufacturing, agriculture, fishing, and tourism. It lies off the eastern coast of...

International Finance: Purchasing Power Parity Theory

Introduction It is important to note that international finance is a complex and multifaceted subject. An individual seeking to understand the field and its dynamics needs to be able to explore the methods used to conduct international business in the multinational financial environment. He or she needs to have knowledge...

Hyperinflation and Its Causes and Examples

Hyperinflation can be referred to as a situation where there is an excessive, rapid, and uncontrollable increase in the price of commodities in an economy (Simonson, 2021). Other economists define hyperinflation as accelerating inflation or very rapid inflation, often with more than 50% per month. It is a sporadic event,...

“Pandemics Are Not War” by Wilkinson: Article Review

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

Canada’s Economy: CUSTFA and NAFTA

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...

Labor Market in Alabama and Its Trends

Labor Market in Alabama Alabama is a state in the U.S. located in the southeastern region of the country. The state’s capital is Montgomery, one of the nation’s economic hubs. Moreover, Alabama’s demographics consist of about seventy percent Whites and about twenty-seven percent African Americans (“QuickFacts; Alabama” 1). The state,...

Demand: Income and Price Elasticity

Price elasticity of demand is a measure of the changes in a product’s consumption with regard to alterations in its price. It determines the responsiveness of the demanded quality or goods supplied to a change in its price (Mankiw, 2018). Price elasticity of demand is calculated by dividing the percentage...

Discussion of Investment Opportunities in Project

Introducing investment opportunities into the project is another vital issue that needs to be considered closer. Specifically, given the nature of the project, which will be primarily educational, the project can be deemed as a non-profit one. Therefore, customers will be admitted without charge. The specified solution implies that the...

Internalization of National Economies and Political Risks

Recent systemic transformations due to globalization, trade and investment growth, and nations’ growing interest in economic internationalization to remain or become more competitive led scholars to evaluate the potential political risks of the internationalization process. There are three main sources of political risk in the internalization of the national economy....

Application of Some Economic Principles to Real Life Economic Situation

Introduction A household, a society, and an economy are all faced with certain decisions. Since human beings form a part of the groupings, they make key resolutions on behalf of the community. The conclusions that I make are important because of the scarcity of resources. Resolutions that I make must...