Concept of Mindful Consumption

The concept of mindful consumption has a deeper meaning than simply consuming the amount of goods and services necessary for an individual’s life. According to Sheth et al. (2011), mindful consumption has both tangible — the behavior, and intangible — mindset — facets. Therefore, consuming the goods and services mindfully...

Norway as a Country for Conducting Business

Perhaps one of the most picturesque countries on earth thanks to its mountainous landscape and the midnight sun in Norway, which is, in addition, an attractive destination for business ventures. Norway’s relatively small population does not impede the country’s purchasing power equals to the world’s largest economies due to its...

Six Stages of Consumer Buying Process, Situational Factors, and External Groups

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...

Riding the Rails: Hobo Kids During Great Depression

The decline in stock production in market in October 1929, which was accompanied by calamity, resulted in numerous Americans suffering from economic declines. Millions of people ended up losing their job, which was associated with a reduction of their incomes. Moreover, this led to a reduction of learning period in...

Foreign Direct Investments in Democratic Republic of Congo

For a long time, the Democratic Republic of Congo (DRC) has been considered as a country unattractive for Foreign Direct Investments (FDIs). Since the 1990s, the country has experienced endless periods of violence that have hampered its political stability and economic growth. There are high rates of poverty and unemployment,...

The Effectiveness of Carnegie’s Argument in the “Gospel of Wealth”

The “Gospel of Wealth”, an article by Andrew Carnegie, includes multiple perspectives on the usage of money. Specifically, the author advocates the essential utilization of the central philanthropic principles, emphasizing the importance of spending money wisely. In that way, wealthy people are encouraged to donate their money to charities and...

Measuring Economic Inequality

Global inequality is a complex issue, the measurement of which is complicated by the number of factors involved. The problem of global economic inequality has pushed its way into the national and international conversation and the ongoing debates about the need to raise the minimum wage to ensure the improvement...

How Banks Can Use Open Source Software

The financial technology (Fintech) industry has grown tremendously in recent times. In the past, Fintech firms used open source components to run data centers and build products. They have reaped multiple benefits from this, including reducing costs and providing flexibility for their businesses. Banks can also use open source software...

Analysis of Race-to-the-Top Strategy

The notion of the race-to-the-top approach might be considered as a novelty to business strategies, as well as to public policies. Its primary aim is to deal with the gap between developed and emerging economies within the scope of the economy. This paradigm is founded on the advancement (or value...

2020-2021 Financial Crisis vs. 2007-2008 Market Crash

The 2020-2021 financial crisis due to COVID-19 significantly differed from the 2009 Great Recession. First, the causes and nature of the crises were different. In 2009, the economy imploded and partially collapsed due to the financial system, a range of poor oversight and negative decisions led to the crisis. Meanwhile,...

Profit Maximization Versus Satisficing

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

Performance Characteristics of Emerging Capital Markets

Introduction The article by Barry at al. “Performance Characteristics of Emerging Capital Markets” (1998) describes the capital markets in developing countries. These markets are believed to have a great potential for development, as long as about 80 percent of population belongs to them. Now they produce only 20 percent of...

Low Minimum Wage Should Be Increased in the US

Each country adopts its laws regarding the minimum wage for the local population in order to stop the exploitation of workers. In fact, these laws establish the line that cannot be crossed by employers who legally hire other individuals. The majority of countries had adopted regulations in the context of...

Subjective Financial Well-Being and Its Influence on Life Quality

Introduction Financial well-being has always been a significant phenomenon because available economic resources can influence an individual’s life quality. However, Brüggen, Hogreve, Holmlund, Kabadayi, and Löfgren (2017) admit that research on the topic remains insufficient, meaning that any scientific attempt to study the issue is considered an essential contribution. It...

Folgers Coffee Company’s Investment Analysis

Folgers Coffee is one of the most successful companies selling coffee blends and drinks. It is owned by J.M. Smucker Co., the price of the stock of which is the object of discussion in this paper (Folgers Coffee. n.d.; J.M. Smucker Co., n.d.). The company’s current (December 1, 2021) stock...

The Roles of Competition and Antitrust Laws in the Future of Quality Measurement

Quality measurement refers to the standard set of parameters that help measure the quality of a healthcare provider’s performance. In fact, quality is quite a subjective concept that is difficult to calculate and define reasonably (OECD, 2013). Therefore, the quality is rarely analyzed by competition authorities (OECD, 2013). Another problem...

Poor Kids: An Intimate Portrait of America’s Economic Crisis

In America, the majority of citizens wish to live the elusive American dream. However, the idea of being financially comfortable does not always come true for everyone, especially for families living below the poverty line. It is even harsher on children who live in such families. In the PBS documentary,...

Vietnam: Controlling the Deflation and Providing Stability

Vietnam Nam has been the Ministry of Finance the United States sticker labels are those who sport in need of money currency in press statements usually aged about to stop blocking the country in winning is beneficial that commercial trade does not work with on day 12.16.2020. Month 12 years...

The United States Inflation Rate

The problem of inflation occupies an important place in economic science since its indicators and socio-economic consequences play a serious role in assessing the financial security of a country and the world economy. According to the experts, the inflation rate in the United States is gradually decreasing due to gasoline...

Kunshan: The Making of China’s Richest Town

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...

Financing J&J Air’s Expansion Plans With a Bond Issue

Secured bonds enable bondholders to demand collateral even when a company goes bankrupt. Such bonds are commonly collateralized by equipment or real estate. Since J&J Air is an airline company, this means that it possesses both equipment and property and, hence, its bonds have collateral (Chaney, Sraer, & Thesmar, 2012)....

Housing: An Annotated Bibliography

Anacker, K. B. (2019). Introduction: housing affordability and affordable housing.  The author in this article discusses chosen aspects of the inexpensiveness of houses in respect to domestic expenses and domestic earnings and the selected aspects of inexpensive housing. This is an excellent source because it offers appropriate foundations for considering...

Role of the Financial Market

Introduction It is the role of the financial market to ensure that funds are channeled from the government to those who have a shortage of funds and may wish to spend more than they earn. The book, The Economics of Money, Banking, and Financial Markets by Frederic Mishkin, illustrates how...

The Difference between Accounting and Finance

Summary As far as the topic of finance is concerned, it is first of all necessary to understand the difference between the two notions that some people usually use interchangeably. They are accounting and finance, and the exact line drawn between them facilitates the further understanding of finance as the...

Global Financial Crisis of 2008-2009 Assignment

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...

International Corporate Reporting and Financial Accounting

Introduction The theme International corporate reporting and financial accounting, is a vast area of research and study that goes a long way to elaborate corporate financial reporting and transparency. It is important to note that the need for proper transparency and suitable corporate financial reporting is highly essential. Due to...

The Role of Mergers and Acquisitions for the Financial Performance of Banco Santander

Introduction Integration in a given firm and/or industry refers to the process of organizing production based on organizational unification as well as technology of different production processes. The management of any given firm should employ a method of integration which offers the specific company technological efficiency. A firm is said...

The Role of Tax System, Tax Reform in Hong Kong

Introduction Currently, Hong Kong primarily derives its tax revenue from the Salaries Tax and the Profits Tax, this makes up approximately two-thirds of the total revenue from tax collection in Hong Kong (Arnold & McIntyre, 2002). The existing tax base of Hong Kong is extremely contracted, only 35 percent of...

The Effect of Finance as It Relates to Banking in Our Society

Abstract This paper analyzes the effects of finance as it relates to banking in the Cayman Islands. Finance as a field of economics has grown to be an integral part of any country’s economy. As such most of businesses revolve around finance. All industries in a given economy have an...

International Trade Law: Cif Contract

CIF contracts are one of the most popular trade agreements between a buyer and a seller in the sphere of international trade when sea carriage is used. CIF is a shortened form for cost, insurance, and freight. As a rule, the cost of goods depends on freight and insurance. As...

The Methods for Making Capital Budgeting Decisions – IRR and NPV

In managerial processes, capital budgeting has been observed to be an important managerial tool requirement (Steve & Burton 165). It is a procedure used by financial managers to compare, evaluate as well as select particular projects to be able to determine whether an investment is worth risking (Steve & Burton...

Investment Strategy: Principle of Asset Allocation

Executive Summary Portfolio is a collection of investments held by a person or a company. The aim of selecting a portfolio is to achieve a desirable result of return through diversified risk. It will be unwise for an individual, to invest all his money in one project or security, since...

Microeconomics: Challenges Facing Financial Managers

A conventional company is divided into different departments. Each of them faces unique challenges that vary depending on the nature of its processes. One of them is the financial department. Some of the issues faced by managers in this arm of an organization have to do with cash flow, approval...

Goods Transportation, Distribution, and Warehousing Factors

Supply chain management processes play a crucial role in the profitability of a company. The supply chain procedures are associated with logistics costs and must be reduced by appropriate handling of goods. Managing the supply chain costs to low levels is crucial in maximizing profits of a company. As such,...

Analysis of Islamic Banking and Finance

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

Supply-Side Policies and Market Productivity

Introduction Economic recessions are particularly troubling times for economies where growth is halted, incomes are lost, and households fail to afford products and services. A recession can be described as a tipping point in the economic cycle where an ongoing growth at the peak reverses and changes into an enduring...

Human Rights and International Trade

Abstract There has been ignorance of trade policy and the working conditions of employees until recently when people discovered that trade policy affects peoples’ work. The other form of ignorance was in the international trade formulation or policy where people did not see the relation of international trade and human...

Financial Reporting for Cadbury plc

Fair and true view The idea of a true and fair view means that the financial statement shows the true economic position of a company. The accounts are said to a true and fair view position when the opinion of the auditor is positive. The auditor considers the materiality of...

Personal Finance: Professional Financial Planner

Abstract Investments are an important part of financial planning. When looking at investments there is a need to examine the different options available to people. Different people have different investment needs. The investment option chosen should address the specific needs of the investor. For example, there is the case of...

Multijurisdictional Tax Planning

The choice of jurisdiction to which taxpayers, individuals, and business representatives resort may be based on several principles. According to Weinreich (2016), they include selecting jurisdictions with minimum tax audit requirements and an opportunity to choose tax rates for the totality of taxes. In other words, the possibility of giving...

Case Study – Cyclone Larry

Main issue On March 20th, 2006, cyclone Larry devastated the banana industry in Australia. This was a cyclone with devastating effects which destroyed fruit worth of $300 million and approximately 4000 employers left without work. It was an event that took the producers by surprise because during a whole day...

Tangible & Inevitable: Globalization as a Worldwide Phenomenon

In general, globalization may be defined as the process of integration and interaction among countries worldwide and the growing interdependence of their economies, populations, and cultures. Globalization is stimulated by international trade-in technologies, products, and services and the flows of people, investment, and information. That is why the development of...

Study on Tight Pants Subject

Many people disagree on the subject of the true meaning of the term “tight pants.” This issue makes it difficult for companies to make new models, and for this reason, Dugnutt provides an article where he discusses different opinions on it (Dugnutt 1). Despite the fact that the influence of...

Reimbursement Methods Analysis

Introduction Health insurance is an evidence-based safeguard that ensures that more citizens get timely and sustainable medical services. Third-party payers are entities that pay healthcare claims on behalf of their respective clients. Some good examples of such stakeholders in the United States include insurance companies, employers, and government-sponsored agencies. This...

Expansionary and Contractionary Fiscal Policies

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 Types of Leasing Agreements

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 Advantages and Disadvantages of Debt and Equity

Undoubtedly, to start and develop a business, people need to have specific financial resources. There are different ways to get them: for example, borrowing from a bank or cooperating with investors. Each of these methods has advantages and disadvantages, but both provide a right to exist. In particular, borrowing money...

The End of Cash Payments: Effects of Cashless Transfers

All over the world, people pay by cash in more than half of financial operations. There is a trend of substitution paper money by electronic transactions on a full-scale basis, and banknotes and coins will be of value only to numismatists. In the last decade, almost all countries have mainstreamed...

The Crisis in UK Banking of 2007-2008

Project’s overall aims and objectives The combination of major economic shocks and the unprecedented global policy response to the banking crisis has generated exceptional uncertainties for households, businesses and governments across the world, and therefore economic forecast. Forecasts made at times when economies are reaching cyclical peaks or troughs typically...

Buying Things to Solve Personal Problems

It is a universal true that modern people cannot exist without buying. Almost every day every person goes shopping. We may buy food, clothes, pets, TVs, books, furniture, cars, houses, and many other things we need for our every day life. And there is no difference between Americans and other...

Stadium Development: Economic and Political Structure

There have been various controversial issues regarding the sources of funds for stadium development. Researchers have evaluated these structural appearances of the stadiums in economic and political dimension (Gratton, Shibli, & Coleman, 2005). Some researchers argue that stadiums’ developments are private issues and should be constructed as public resources through...

International Business Transactions: Major Barriers and Concerns

Introduction Over the past years, International Business Transactions have continued to grow as a result of the rapid expansion in technology. International business transaction is basically trade that is carried out among nations in order to expand and diversify their source of sales and obtain more resources. These business transactions...

Economic Problem of Allocation of Scarce Resources

This article is about the major challenges that face Long Island and the various issues that accompany these challenges. The author of the article is Martin R. Cantor a director at the Long Island Economic and Social Policy Institute at Dowling College. The article focuses on transport, taxation, education, poverty,...

Financial Intermediation and Its Importance

These days financial intermediaries are quite widespread because people prefer using them instead of entering financial markets directly. A commercial bank is a typical example of a financial intermediary, though not the only one. Among others are pension funds, loan associations, numerous insurance companies, mutual funds, and credit unions. Financial...

Federal Reserve System in U.S.

Introduction Federal Reserve is the institution credited with setting U.S monetary policies. Numerous economists are found in this institution and they constantly analyze economic progress of the nation as well as other figures throughout the globe. Every decision of congress lies on the advice given by the congressional office. Economies...

World Trade Organization and North American Free Trade Agreements

The world trade organization and North America free trade agreements are both international trade agreements with several similarities and differences. This assessment paper will be deeply focusing on their comparisons and their ways of settling disputes. Both agreements have a common relationship towards the field of trade and economic of...

Should Aid to Developing Countries Be Stopped?

Since the early 1950s, developed countries have contributed billions of dollars to third world countries in form of multilateral or bilateral aid. These are the two ways in which development aid is usually categorized, multilateral aid refers to development assistance that is given through the dozens of local and international...

Short-Run Macroeconomic Theory and Stimulus Plans

Recession A “recession” is the period during which economic activity is declining. A recession is said to occur when “real gross national product declines for two or more consecutive quarters”. Although there is no political or economic benchmark for assessing the recessionary trend, the National Bureau of Economic Research declares...

Homeless War Veterans in America

Introduction Many of the citizens of this great country have served this country in times of war. However, the kind of treatment they get afterwards is worrying as many of them suffer in the hands of hopelessness for them to look for better places to stay. This situation has caused...

Program Audit and Evaluation: A Theory

Abstract The human society has always tried to find ways to control its activities and be sure about the proper ways in which resources are used. The most adequate ways that have been found to this day include the procedures of program evaluation and audit. Being the processes of monitoring...

Changes in Stock Prices and Market Fluctuations

Outline Introduction Changes in Stock Prices in General Profitability Liquidity Solvency Recommendations Introduction The changes in the stock prices are originally caused by numerous factors and may cause essential changes in the marketing strategies and the approaches towards business activity. The aim of the paper is to analyze the reasons...

The Function of the International Monetary Fund

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....

German Economic Situation in 2007-2008

Size Germany is located in the center of Europe and borders the Netherlands, Denmark, Belgium, Poland, Luxemburg, Czech Republic, France, Austria, and Switzerland. The Federal Republic of Germany has an area of about 357 010 square km (61st in the world), which is equal to the general area of the...

Supply & Demand, Price Elasticity and Shift Factors

Supply and demand are the cornerstone interdependent variables in economics theory and practice. Supply is defined as the amount of goods and services available for customers to buy. Demand on the other hand is the number of people with the desire and willingness to pay for the available goods and...

Competitive Market Hypothesis: Croatian Companies

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...

Fundamentals of Finance Theories Assignment

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...

ASEAN Free Trade Area and Economic Development

Introduction ASEAN Free Trade Agreement (AFTA) opened new opportunities for Eats Asian countries to stabilize their economies and improve the financial performance of the region. ASEAN is a major player in geo-economics in Southeast Asia. It has a history of its own. Since 1967 its leaders have enjoyed a high...

Three New Original Future Retails Forms or Retail Combinations

Introduction Retail forms or combinations are money spinners for owners and shareholders, but carry a high degree of security and monitoring risks. A certain portion of profits of such businesses is eroded by damages, pilferages, storage losses, and lowered inventory controls, resulting in decay and wastage of items, especially certain...

Supply and Demand Analysis: The Influence on the Market Scenario

Reflect on what you have learned about the model of supply and demand (market analysis) from taking this course Exogenous factors, which are taken as constant factors when market demand and supply are determined, can change as a result of the external environmental factors. These changes have substantial effects on...

Analyzing Bank Performance: Risk Propositions

Introduction The banking and financial institutions are under severe pressure these days. The globalization and networking of economies have resulted in a cascade effect on the stock market, economies, and of course the financial viability of many companies and institutions. Australia too has not been far from this cascading effect...

The Impact of Brexit on the Startup Companies

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....

Zuboff’s “Surveillance Capitalism” and Hiring Bias

Capitalism has emerged as one of the widely used economic systems around the world with the fall of communism in the early 1990s. However, with the technological revolution of the 21st century, capitalism has evolved and mutated into different variants. One such version of this economic system is surveillance capitalism...

Different Types of Business Frameworks and Cost-Benefit Analysis

In healthcare, there is a range of business models (BM) that determine the overall budget, cost-effectiveness, and methods of care. The UK National Health Service (NHS) BM is characterized by the universal access to the necessary services, which makes small eHealth businesses unclaimed. This contradicts the idea of implementing technological...

The Importance of Sustainable Development in the Food Retail Sector

Abstract This research report is designed to explore the phenomena of sustainability in business and corporate social responsibility. The report addresses the concepts of sustainability in business and corporate social responsibility, which resemble the core values of the modern-day economy of the world. Growing concerns related to environmental and social...

Analysis of the Great Recession

The first post-war most prolonged recession occurred in December of 2007 and came to an end only in June of 2009 and received the name of the Great Recession. Apart from its continuance, the Great Recession was ponderous in many aspects. The global crisis led all the financial markets and...

The United Arab Emirates’ and India’s Economies

Introduction The United Arab Emirates is the second-largest economy in the Arab region. It comes closely behind Saudi Arabia. Currently, UAE is the eighth largest oil producer in the world. The country maintains a free market system. The open system gives the nation means that investors from different parts of...

Third World Countries and Their Economies

Introduction The end of the 20th century could be characterized by radical alterations in the international discourse and economic relations. The aftermath of WWII and the shift of priorities towards humanistic values resulted in the creation of an environment beneficial for the development of the Third World States or Developing...

International Financial Reporting Standards Foundation

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

Gain and Loss of Contingencies

According to FACB Accounting Standards Codification (n.d.), ASC 450 “Contingencies” covers the three topics of gain contingencies, loss contingencies, and overall. Gain contingencies are claims for the reduction in a liability or rights to receive an asset. It is noted (450-30) that the codification provides “guidance for the recognition and...

Restriction on Ownership and Its Impact on Real Estate Market

Summary of the Article Real estate is a sector that has attracted several investments in recent years. The sector growth has attracted several rules and regulations to protect both private and public interests of its acquisition and usage. The USA government federal rules have to a large extent been duplicated...

Preparation and Presentation of Financial Statements

​The IASB framework for the preparation and presentation of financial statements outlines the concepts underlying the preparation and presentation of financial statements by external users (Deloitte 2008). The framework assists the board in the formulation of accounting standards and seeks to resolve issues that are not addressed directly in the...

Globalization Concept and Its Impact on the State

Introduction Globalization is not a new term since it has existed for a long period. For many years, globalization has continued to grow through trade, travel, migration, transfer of cultural elements, and spread of knowledge. For over 500 years, monarchs, adventurous, and financiers have been committed to the creation of...

Labour Rights in International Trade

Should labor practices in another country be a relevant consideration in international trade? Yes: labor practices in another country should be a relevant consideration in international trade; In an ideal situation, labor laws should be harmonized in all countries to facilitate the movement of factors of production more precisely labor...

International Trade Theory: Hill’s Book Summary

Chapter summaries This chapter begins by giving a brief overview of the benefits of international trade through the examination of the garment industry in Bangladesh. This chapter has also evaluated several theories that outline the advantages of a country engaging in international trade and the model of international trade experience...

Foreign Direct Investment in India

Introduction The purpose of this paper is to analyse foreign direct investment (FDI) in India. FDI refers to “the net inflow of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor” (World Bank 2015). Developing countries have focused on...

US Ethnic Housing Market Strategies and Issues

Opportunities and Challenges The opportunities and challenges which housing lenders and real estate agents face across ethnic subcultures are different. The reasons that buyers from the three ethnic groups surveyed gave for buying homes were diverse. The surveyed ethnic groups consisted of African Americans, English -speaking Hispanics and Spanish- speaking...

Thailand’s Macro Environment in 2016-2017

Executive Summary The report delves into the peculiarities of the current macro environment in Thailand. The rapid economic growth of the state that can be observed in the last several decades preconditions the increased level of investors attention and numerous attempts to enter the local market. However, the peculiarities of...

Vue Cinemas Company Monopolistic Strategy

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

Normative v. Positive Analysis and Hotelling’s Law

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...

Economic Systems: Attitude to Work in Capitalism

Work attitudes Sheehy recounts his encounter with workers with a “don’t-care attitude” during his undercover activities. These workers only completed the assigned task because they needed to get paid, and as such, they were less concerned about how they performed tasks. They did not feel the need to be responsible...

Gross Domestic Product Per Capita Growth

GDP growth is a standard economic indicator that is used to measure the economic growth in a country by dividing the Gross Domestic Product (GDP) by the number of the country’s citizens. The higher the GDP, the better is the country’s economic performance and, presumably, the quality of life in...

The Solution for the Investment Problem

Introduction Before, investing, it is important to evaluate the risk-return profile of an individual security and entire portfolio. Further, when selecting a stock to include in a portfolio, it is important to take into account the concept of diversification. Diversification lowers the overall risk of a portfolio (Brigham & Michael...

International Business and Free Trade

Introduction Economic integration makes international trade easier through the removal of trade barriers and tariffs. With economic integration, good and services, labor, and capital find their way in the country where they can be put into maximum use. Increase in mobility of factors of production faces some negative challenges especially...

Canadian Housing Market

Introduction The Canadian government spends money on social housing through the Canada Mortgage and Housing Corporation (CMHC). The CHMC has for a long time played a key role in implementing the government’s objective of investing in the housing market in order to provide affordable housing to Canadians. Over the last...

Bank of Japan’s Unconventional Monetary Policy

In Japan, the supply of money is mainly controlled by the Bank of Japan with the help of monetary policy that is focused on inflation and interest rates. Still, during the past two decades when interest rates were extremely low, unconventional monetary policies were implemented in order to improve the...

Time Value of Money and Interest Rate Risk

Time Value of Money Time value of money (TVM) is a financial concept, which implies that money available to an individual or a company at the present time is much more valuable. The same amount of money is worth more in the present than it will be worth in the...

Belarus Current Economic State

Why did Belarus decide to abolish the currency trading restriction? The reasons for Belarus to lift the existing currency trade restrictions are rather basic; according to the statement issued by the state’s financial authorities, the given strategy will allow for improving the current economic state of the country. Indeed, as...

Thailand National Export Priority Market

International business is a common practice in many parts of the world. Many countries engage in international trade in order to export their products and import whatever they do not produce (DEP: Department of Export Promotion Thailand). New business concepts have emerged in order to cushion every developing country from...

Oil Prices Impacts on Consumer Behavior in Turkey

Introduction Increase in oil prices will influence on the economy negatively. Its effect on economy can be evaluated through the consumer behavior, i.e. high oil prices will scale the cost of living high since most people depend on the oil either directly or indirectly, as almost everyone uses fuel to...

Macroeconomic Analysis of Saudi Arabia

Introduction This paper presents a detailed macroeconomic analysis of Saudi Arabia. The study will focus on four areas, namely, unemployment and inflation; fiscal policy and monetary policy; economic reforms; and balance of payments and exchange rate. Saudi Arabia is the largest economy in the Gulf Cooperation Council (GCC). It is...

Harmful Outsourcing of United States Jobs

Introduction Companies are always looking for new tactics to help increase their efficiency and decrease production costs. Such strategies result in increased productivity, thereby promoting organizational growth. One strategy that has become popular among American firms over the past decades is outsourcing. Outsourcing is the results-oriented relationship of a company...

Mortgage Lending Violations in 2022

Introduction The Consumer Financial Protection Bureau (CFPB) publishes a report every six months on violations of the law that were identified during inspections. The Bureau vetted companies and suppliers for compliance with the Fair Credit Reporting Act (FCRA). The CFPB found multiple violations, especially inaccurate information in credit reporting and...

Government Spending and Taxation

The US government incurs significant expenditures in each fiscal year to ensure the well-being of its citizens. Over the past decades, the country has been spending mainly in areas such as social security, defense, transportation, income security, and payrolls. The system of governance is divided into three key categories; federal,...

Post-Fordist Immaterial Labour in the Information Economy

The shift toward Post-Fordist immaterial labour in the information economy was originally hailed as bringing more flexibility for workers and freeing them from tight control by bosses. At the same time, this shift has resulted in the rise of precarious gig work and the primacy of unstable short-term contracts. Using...

Mexican Peso Crisis: Restructuring and Forgiveness

Introduction By the middle of the 1990s, Mexico seemed to be a prime example of economic liberalization. The country managed to attract a significant inflow of foreign investments. However, the success was short-lived since the political instability led to a drastic deterioration of the investment climate. The situation worsened because...

Geopolitical Environment in the Asian Region and Car Sector

As the second and third biggest economies in the world, respectively, China and Japan are the two most powerful nations in Asia and substantially impact political and economic cooperation within the area. However, at best, ties between these two nations are cordial. Due to the disagreement over the Diaoyu or...

Insider Trading: The Key Aspects

Insider trading is trading in shares or other securities by people that have access to confidential information. However, alongside illegal forms of insider trading, there are legal ones. The insiders are not only directors or people from management, but any person “with a stake of ten percent or more in...

The Impact of the COVID-19 Pandemic on the US Economy

Introduction The COVID-19 pandemic led to an unprecedented contraction in the economy of the United States. The impact of the pandemic cuts across all departments within the federal government. Hiccups in supply chain management led to inflation due to the high demand for goods and dependability on imports. The lack...

Bangladesh: Investment Climate of the Developing Country

Introduction Bangladesh is constantly developing and is one of the most populous countries in the world. Because of its large population, a large number of the young and hardworking labor force. The country’s location attracts a lot of investment – Bangladesh is on the trade route between South and East...

Biden Administration’s Student Loan Forgiveness Plan

In recent years, the rising cost of college tuition and the increasing burden of student loan debt have created a college affordability crisis in the United States. To address this issue, President Biden’s administration has proposed a student loan forgiveness plan to relieve millions of Americans struggling with student loan...

Factors that Influence Demands

To begin with, demand is the customers requirements and desires, which might be changed because of external factors. When saying “demand,” economists mean the desires of customers to buy some products or services during some period of time, and these wishes can change due to different aspects and situations on...

Options to Combat High UK Inflation Rate

Introduction Inflation is a significant point of concern for all experts in the economy, as well as for ordinary citizens. The rise in consumer prices, which is not comparable to the values of the next few years, has a significant impact on consumer behavior and business. In order for society...

The Minimum Wage: Positive and Harmful Effects

The minimum wage is one of the many political-economic systems measures that work to redress the economic imbalance. It is the minor salary that an employer must provide to their workers at any given time. Many have strong feelings regarding the minimum wage principle, which is a contentious subject. It...

Gramsci’s Idea of Cultural Hegemony in Political Economy

International Political Economy (IPE) is a topic of study that explores the confluence between politics and economics in a global environment. It aims to comprehend the complexity of the global economy and how the activities of numerous players, including nations, multinational firms, international organizations, and people, impact it. Through the...

Are Minimum Wages Harmful or Helpful to Economic Growth

The minimum wage is an economic policy in which the state controls the minimum income of the citizens. It is distributed all over the world and is embedded in any economic model as an essential element. This model has both economic benefits and disadvantages that affect the outcome of any...

What Are the Three Most Important Changes in the American Economy?

Over the last 50 years, the American economy has experienced several key changes that have impacted various economic indicators. This essay analyzes the effects of the changes on the American economy, focusing on supply and demand, production, unemployment, entrepreneurship, and other economic indicators. By examining the interconnectedness of different components...

Tax Return Form 1120: Internal Revenue Service

Tax return Form 1120 shows the company’s profit, deductions, taxes, credits, and payments. Deductions allow you to reduce the company’s taxes by calculating them from taxable income. Some of them the company can make in the expense column in the income statement. In addition, certain categories of deductions allow you...

Strategic Management in the Evolving Landscape of Cashless Payments

Problems/Issues The field of cashless payments continues its expansive growth and development as the demand for innovative payment methods grows in need to optimize and speed up payments. Traditional players in the market of non-cash payment systems still retain their weight and leading positions. However, due to the rapid development...

The Use of the Circular Economy Approaches

Introduction One of the basic laws of nature is the cyclicity of life. As the need to improve business sustainability increases, many companies adapt this cyclicity to their processes and conditions. Thus, by using the circular economy approach, firms are able not only to reduce their negative impact on the...

The Importance of Strict Budgeting

A strict budget is essential for a company to follow, even when experiencing phenomenal profits, for several reasons (Boyd & Pitre, 2020): Sustainability: Following a budget ensures that the company has a plan for allocating resources, and it helps to avoid overspending during a period of high profits. This helps...

Gross Domestic Product: Measure of Economic Health

In today’s modern world, economic health is a crucial indicator of the overall well-being of a nation. Gross domestic product (GDP) is the most commonly used measure of economic health and is used to assess a country’s economic performance (Amacher & Pate, 2019). This essay will examine the importance of...

Comparison of Settlements of Virginia and Massachusetts

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

Expected Returns on Investment

Estimating expected returns is crucial for the investors, as it helps to make informed decisions. Expected returns help to anticipate the profit or loss from an investment in a situation of uncertainty (Magni, 2020). Investors can estimate returns from either one investment or a portfolio investment based on historical performance...

Unveiling the Benefits and Drawbacks of Free-Market Capitalism

Introduction Free-market capitalism is an economic system in which goods and services are produced and exchanged based on the laws of supply and demand, with little to no government intervention. It is a system widely adopted in the Western world, making it a widespread and often controversial topic. As such,...

Financial Performance of the US and the State of Georgia

The US Bureau of Economic Analysis (BEA), a division of the US Department of Commerce, is in charge of generating economic statistics, such as data on the GDP, personal income, and global trade. By disseminating timely, pertinent, and reliable economic statistics, the BEA aims to advance understanding of the US...

Irrational Exuberance Chapter in Civil Society by Edwards

There is no doubt that capitalism has proven to be the most efficient model for economic relationships so far. However, with the consistent focus on expansion and profit increase, which companies are expected to pursue in the capitalist environment, the opportunity to support vulnerable and marginalized communities is reduced substantially...

Mexico’s Economic Integration Issues

Introduction Mexico, a member of several economic integrations and regional trading agreements, has been actively participating in initiatives aimed at deepening its economic integration with other countries and increasing trade. While Mexico’s membership in various agreements has helped to boost its economy, it has also faced challenges such as increased...

‘Made in China 2025’ Plan and Economic Nationalism

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

Marxist Political Economy as an Independent Branch

Introduction The Marxist political economy, as developed by Karl Marx, is a distinct and independent philosophical branch of governmental policy that significantly diverges from traditional financial systems. Notably, traditional economics tends to concentrate on the resource allocation and study of markets, assuming that people act in their self-interest to optimize...

Free Market vs. Regulation of Hospitals’ Entry

The idea of a free market, defined by rivalry, price cues, and a lack of governmental involvement, is a popular concept. However, there is debate regarding the claim that entry into the market is too easy for hospitals in free markets and that entry restrictions by regulators can promote societal...

War in Ukraine: The New York Times about Contemporary Ukraine

Ukraine was the vital pillar of the Union of Soviet Socialist Republics and the main enemy of United States. The country became the second-most extensive and influential among the fifteen Soviet countries after Russia. Ukraine acted as the headquarters of the Russian navy fleet in the black Sea and a...

Mitigating Foreign Exchange Risks

Introduction: Foreign Exchange Calculations No matter what the underlying spot prices are on April 1st, the corporation has agreed to sell its 4,000 units on January 1st for $1.25 million. This is dangerously near the point where the business stops losing money. The mathematics computation is shown below; The corporation...

The SEC’s Role in Protecting Investors and Navigating Market Volatility

The United States government agency in charge of the country’s securities business is the Securities and Exchange Commission (SEC). It keeps an eye on both transactions and the acts of financial experts. Its goals are to uphold fairness, integrity, and transparency; stop fraud and other dishonest behavior; and guarantee efficient...

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

Introduction Real GDP Refers to every financial activity done by the government, including consumption, investment, and transfer payment. Each form of public spending is dependent on the availability of government revenue. Most governments use different approaches, such as taxation, to generate revenues (Moore & Prichard, 2020). While some obtain it...

Differences between Accruals and Payables

Today, all organizations are responsible for creating specific financial statements representing all financial activities and performances that might affect their businesses. Different types of expenses are necessary for investors to identify the main features and changes in the company’s financial health and potential earnings. Accruals and payables are common accounting...

The Federal and Georgia Budgets Differences

Introduction The federal and Georgia budgets are both financial blueprints that detail how their governments will spend the funds. The President and Congress developed the federal budget, which is the budgetary blueprint for the United States government. Individual income taxes account for 51% of the federal budget, estimated to reach...

The Budget Expenditure Distribution in Exampleton City

In general, a city’s budget may be defined as a plan of income and expenditures with an expected allocation of available resources among services, departments, and programs. As a small yet developing city, Exampleton requires an efficient distribution of existing revenues to contribute to its growth. The city’s budget is...

State of Romania’s Economy Aspects

Romania’s GDP per capita has grown over the past ten years but remains much lower than the EU average compared to that of the European Union leader, Germany. So far, Romania ranks, respectively, penultimate in the EU in terms of actual per capita individual consumption, which in 2018 was 59...

Aspects of the Home Warranties

Introduction The maintenance, repair, and replacement of household devices that may break down over time are covered by a home warranty, a contract between a homeowner and a private business. An assurance can lessen the stress and unforeseen costs that frequently accompany home purchases. The repair or replacement of kitchen...

The Importance of the Home Warranty

Introduction Purchasing a considerably old home cannot always be regarded as a safe deal as information related to the items, their age, or useful life cannot be readily available. In addition, in the case of breakage, the search for a qualified service provider or handyman may be cost-efficient and time-consuming....

Affective and Cognitive Factors That Hinder Banking Relationships

Introduction The modern banking system presents a set of difficulties for an average consumer that can harm their best interests and lead to a loss of finances or inadequate handling. For various reasons, financial operations require a certain level of cognitive and psychological abilities that many potential bank clients lack....

Global Trade: Food Price Indexes and Data Collection

Global trade is a rather beneficial aspect for the economy. It provides people with extra job opportunities, exposes people to previously unknown brands, diversifies the kinds of goods being sold. However, it can be negatively affected by various crises, such as earthquakes, hurricanes, tsunamis and the COVID-19 pandemic. The following...

The Future of Trade Integration in Africa

Introduction Globalization in the modern world economy is essential in shaping the economic development of many countries. Economic ties between countries are becoming closer because of the realization of significant mutual benefits. Trade is a major component of countries’ economic relations. The African continent is no exception and is committed...

Maintaining the Safety of Financial Resources

Introduction Maintaining digital security in the field of virtual economic transactions between citizens is a vital step in ensuring the safety of people’s financial resources and the security of their identities. In the case study under analysis, several breaches of digital security standards can be identified. Specifically, the country’s residents...

Financial Decisions Influence Regarding Risk and Return

Introduction The Capital Asset Pricing Model (CAPM) is a model that shows the relationship between the return and risk of investing in stocks and other securities. The return on securities using this formula is equal to the risk return plus the risk premium (Ayub et al., 2020). Discussion The risk...

Aspects of the Consumer Behavior Theories

Introduction Consumer behavior theories are models that aim to explain and predict how consumers make decisions and take action. They are based on psychological, sociological, and economic principles and can help businesses understand the factors that affect consumer behavior. The models applicable to marketing strategies regarding men’s skincare products include...

The Wealth Management Analyst Project

Summary Corporations should use financial securities as their products because they are widely available and easy to find. It would make it possible for the company to profit from investments and raise money as needed. In any event, if a business has a real site that clients can visit, it...

Microeconomics: Perfect Market Competition

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...

Resources and Economic Growth in the Indonesian Region

As a target article to analyze, the study “The Role of Natural and Human Resources on Economic Growth and Regional Development: With Discussion of Open Innovation Dynamics” by Saleh et al. (2020) is chosen. The article’s main topic concerns the assessment of the role of various resources, including natural and...