China’s economic growth The freefall of the global economy forced Chinese economic growth to fall to a low of 9.2%. The GDP growth had been steadily growing from 1999 to a high of 14.2% in 2007. The real GDP did not reduce due to the global financial crisis. The Gross...
The Difference Between the Official Cash Rate and the Market Rate of Interest The Official Cash Rate (OFC) can be defined as the interest rate that gets charged between financial intermediaries, on overnight loans (Lien, 2009). OFC relies on the general supply of cash, or else deposits, in the short-term...
Description of the Research Topic The topic for this research is centred on investigating the effects of globalization on developing economies. It emerges from conflicting views of experts, observers and pundits who disagree on the effects of economic integration on developing nations (Shahbaz et al. 2018; Raza & Karim 2018)....
Introduction Japan is one of the top ten leading economies in the world. It has managed to stay aloof because of the monetary policies it puts in place to manage its economy. The Bank of Japan Governor is usually in charge of the changes at the Treasury. Whenever there is...
Oil export Ecuador relies on petroleum resources substantially (CIA, 2013). Petroleum exports account for more than 50% of its export earnings per year (CIA, 2013). In early 2000, the banking crisis had a large impact on Eduardo’s economy. Ecuador’s GDP shrunk by 5.3% prompting policymakers to adopt the U.S. Dollar...
Fiscal policy definition Fiscal policy refers to the process by which a government regulates its spending levels to ensure a stable economy. Fiscal policy work together with monetary policy and they are both implemented by the Central bank of the country. The fiscal policy aims to stimulate the pattern of...
Despite the continued globalization efforts, the United States increasingly resisted trade liberalization in some sectors. Moreover, the American labor movements view American trade policies as unregulated and disfranchising to the American workers. They link this to the aspect of outsourcing of jobs from the overseas markets. This is not true...
Draw a graph showing the demand and supply at various price levels and mark the equilibrium price and equilibrium quantity. Equilibrium price of commodities in the market is determined by the interaction of the demand and supply curves. Equilibrium price refers to the price level whereby the amount of goods...
Can you identify international trade policies and agreements that are impacting Australia’s international marketing opportunities? The Australian government has been a signatory to trade agreements such as bilateral and free trade agreements. It has existing vital agreements with other partners and is currently involved in other trade policy negotiations. These...
The Globalization of Services chapter focuses on the current conditions of the globalizing world and how they can be addressed by businesses (Shameem). The international market presents interest as it holds the potential for the growth of revenues. However, there are some risks that companies are facing when trying to...
What is meant by Fiscal Policy? Fiscal policy is a demand management policy that entails the use of government spending, taxation, and borrowing to control the pattern of economic activity as well as influence the level and growth of overall demand, production, and employment. Changing the fiscal policy directly affects...
United Nations ‘‘Policy’’: An Argument with Three Illustrations “In this article, we initiate a long overdue conversation on the subject of ‘‘UN policy.’’ First, we speculate as to whether and, if yes, in what sense there is such a thing. Second, as the world organization’s comparative advantage is its unique...
Introduction This study was meant to delve into the wide area of trade liberalization as an issue that is gaining many roots in this new world order and influencing the economic growths of the participating countries. It lays a lot of emphasis on the pertinent aspects of trade liberalization and...
Case Summary The price of a gallon of paint increases from $3.00 a gallon to $3.50 a gallon. The painter’s usage of paint drops from 35 gallons a month to 20 gallons a month. The price elasticity of demand for paint The concept of price elasticity of demand for a...
Oil Price will go up Energy is the most precious natural resource that changes the balance of an economy, the modern world would turn into a world of junk without energy. Among all available energy sources, oil is the most demanded energy carrier, and this high oil demand is the...
Introduction Some nations around the world may create policies that impair other countries from trading competitively in various markets. This state of affairs introduces a trade imbalance that directly hinders development in the affected nations if appropriate rules and checks in the form of trading pacts are not introduced in...
Causes of Inflation Emergence Disproportion among a country’s goods and money supply; Increasing the amount of money for large expenses; Mass use of currency for credit programs; The absence of mechanisms for regulating monopolists’ prices; The influence of trade unions blocking wage distribution; Reducing the parameters of the state’s GDP;...
The concept of the time value of money stands for the idea that the value of money that will be obtained in the future is lower than that of money available at the moment (Magloff, 2018). In the time value of money, the value of funds that are on hand...
Introduction The financial crisis is one of the events that have dominated debates in the United States and other parts of the world in the recent past. The crisis, whose origin started within the American banking sector, has had a great impact on the global financial system. Many economies across...
Global Meltdown and Indian Economy The evident connections between macroeconomics, money, and finance are one of the primary aspects to focus on when entering a market in a foreign country. Thus, to enter the Indian market and start developing the business there, it is crucial to get information on its...
Introduction Promoting economic welfare and creating the environment in which international trade and business communication could be a possibility is a crucial requirement for the existence of the contemporary global market. The significance of international trade can hardly be overrated; it allows building international ties all over the world, enhancing...
Introduction The contemporary society is characterized by drastic changes that arise from globalization. Globalization facilitates the realization of a world society interconnected by structures that make it appear like a village. Mainly, technological advancements experienced today have aided the transformation of the world economies, as seen in the intensification of...
The Great Recession and the consequently provoked global economic crisis of 2008-2009 had led the USA to the fundamental changes in monetary and fiscal policies. Due to the several unfolding crises – the mortgage lending and credit crisis that developed into a financial crisis – the US government was compelled...
Balancing Business Ethics Factors The standards of behavior that guide moral choices about the conduct of the personnel in a business organization and the relationship with its publics are always referred to as business ethics the goal of these business ethics is to ensure the safety of the employees, management,...
If you were chosen as the new head of Parker Pen, what overall direction would you recommend? (Please support your position with references to relevant class discussions, assignments, or handouts; these will influence your grade). In your response, please describe how your overall recommendations will affect Parker’s: In order to...
An effective communication between the employers or the managers and the employees is a primary element behind the efficienct working of an organisation. “There is considerable evidence to show that companies with effective communication strategies are successful, while those with poor internal communications tend to flounder.” (Preface, Book Title: Key...
Coca-Cola is a leading brand that introduces aggressive marketing campaigns and sustains a strong market position creating value for its customers (www.cocacola). Marketing strategy for fighting against Coca-Cola will be based on a marketing mix (product, price, place, promotion). This strategy will help to create a strong brand image of...
Introduction E-business refers to the business activities beyond buying and selling such as using the internet to enhance customer service, coordinate activities with business partners, and facilitate communication and electronic marketplaces to better serve the collective needs of the industry. Electronic marketplaces The cost of the technology involved in e-business...
Introduction With the type of business already in mind it is important to sit down and assess a number of factors that will facilitate the start of the business sustain it and eventually lead to the full growth of the business with profits. Amongst the most important factors that we...
Introduction It has always been man’s nature to become the one to be followed. Even the timid have had this urge within them, as history shows. They have always sought any form of power and went through the way by which it was easiest to achieve that power. It is...
Payback Period The payback period is the ratio of the initial fixed investment over the annual cash flows for the recovery period. If the cash flows are an annuity, the total cost of investment is divided by the annual cash flow to arrive at the payback period. Alternatively, the cash...
All firms that offer goods and services have operations activities. However, depending on how a firm is structured, some companies may have discrete operations functions. In this context, operations strategy is defined as a collection of decisions that are critical in shaping the overall functions of an organization and the...
Introduction General Electric Company (GE) is a public corporation established in the US in the last decade of the 19th century and has ever since grown into a giant multinational and a key Wall Street figure and player. Incorporated in 1892, and headquartered in Boston, MA, GE is a giant...
Introduction Supply chain is a critical function of every organization doing international business. Such a process ensures that the required raw materials are acquired in a timely manner while all final products are delivered to the targeted customers. In the recent past, the problems of climate change and global warming...
Introduction This paper discusses two articles from different sources, comparing them in terms of their content, the technology, and the management aspect is discussed in the articles to highlight what different types of technologies are being used to aid management and how. The articles that have been elected from this...
5 strategies to reduce income inequality within a country Peters asserts that progressive taxation is the most efficient way to reduce income inequalities in a society (72). In this approach, high-income earners pay more taxes than the low-income earners. This reduces income inequalities and ensures that the government spends income...
Utility of GDP Economic growth has been the measure of countries’ well-being for almost a century with Gross Domestic Product (GDP) being the primary instrument for this. Even though GDP has proven its usefulness over the years, there are opinions that it is a faulty method that tells little about...
Fiscal Policy Fiscal policy refers to the approach that a government employs in collecting and spending money to achieve economic stability within a given period, usually one year (Belmann, 2010, p. 3). Therefore, each government introduces its fiscal policy annually to direct economic activities with a view of achieving growth...
Foreign direct investment (FDI) is the net flow of investment into a foreign economy with the ultimate aim of acquiring a lasting interest in the business. This is achieved through different avenues such as purchasing shares in an enterprise of interest, incorporating an entirely owned subsidiary or enterprise or through...
Introduction Multinational corporations (MNCs) refer to businesses that operate across borders. These kinds of business entities typically have their headquarters in one country and other business locations spread across other countries. Multinationals are also called transnational corporations (TNC) or multinational enterprise (MNE). MNCs can take advantage of their global presence...
Workforce diversity is an issue which involves ethical and gender, age and professional differences between employees. To maintain harmony, workers should be informed at the start what management’s policy is on diversity and discrimination and perhaps be given some indication of the racial, ethnic, gender, and disability mix of its...
During the crisis, the central banks, with the lead of the American Federal Reserve Board, built up, installed, and in the majority of instances later secured, numerous tools intended to inject liquidity and backing monetary markets. After the predicament, the Federal Reserve reacted assertively to the monetary crisis, encompassing the...
Definition of Total Consumption Total Consumption: this refers to the total expenditures of a person (or entity) and consumption of specific goods incurred by households. Disposable Income: This is the income available for spending or saving after deduction of mandatory charges and taxes. Autonomous Consumption: Graham and Seldon (2013) define...
In today’s dynamic and competitive world, firms strive to focus on activities to facilitate reciprocally beneficial exchanges. Firms confront grave challenges and search for opportunities. The firms focus on establishing multi-dimensional relationships with their customer so they could be viewed as partners. By establishing a successful partnership with the customers,...
Abstract This paper explores the returns of private funds and the returns of the S&P 500, to ascertain which returns are more favorable for investors for investing. The study will make use of quantitative research methodology in the collection of the required data for use in making comprehensive conclusions on...
Outline a Plan for Managers The frozen food market in the US is undergoing a deceleration since 2014, especially for the ready-to-eat segment, which was one of the most lucrative segments even in 2014 (Frozen Food Industry, 2015). As the market forecast predicts a deceleration in business, managers are eager...
Abstract Consumer behavior is the responsiveness of clients towards a product in the market. Influential factors, which dictate consumer willingness to purchase a product, are personal, psychological, cultural, situational, and social factors. The influential factors have a hierarchy based on their influential powers. Personal, psychological, cultural, situational, and social factors...
Introduction The significance of monetary policies in an economy is eminent. Their objectives are usually distinct and focused on economic factors. For instance, these policies aim to lower the average rate of inflation. Monetary policies also tend to reduce the inflation rate. In addition, they minimize the gap observed in...
The Evolving Balance of Economic Power Shift from the West to East Economy power has been shifting in the last decade towards east from the west. The shift has resulted from increasing business and knowledge base in China and India due to their large population and resent economic growth and...
Abstract In every part of the world, businesses face an uphill task to conform to the laid down environmentally friendly practices and regulations. The increased economic activities in the United Arab Emirates result in the production of more energy to meet the demands of a growing economy. Trade and massive...
Introduction The world has some important international organizations that are somewhat confusing in their operations and their global functions. In the world, Steil (2013) explains that there exists the World Bank and the International Monetary Fund. According to Steil (2013), people often confuse their functions. Due to such confusion, this...
Introduction The concept of the global economy is not easy to understand because it requires a certain portion of knowledge in the spheres of politics and economics at the same time.1 Different authors and researchers introduce their approaches to how people should define the global economy and comprehends the peculiar...
The concept of globalization is inevitable and, therefore, it affects almost every aspect of human existence with a considerable influence on three major areas, including economic, social, and political dimensions (Olimpia and Stela 29). Economically, countries and trade regions in the world are increasingly becoming interconnected (Olimpia and Stela 31;...
Introduction The dilemma of correlation between leadership and management is one of the most striking problems of business in the twenty-first century. Leadership and management perform essential but different functions in organizations. Management usually maintains stability in the firm, while leadership promotes changes within the organizational structures. Leadership drives progress...
What is risk management for a business? Risk management is essential for any business as it enables a company to implement projects successfully. It is the way to identify, evaluate, prioritize, and address risks. There are at least five reasons why risk management is important for the business. First, when...
Every employee plays a critical role in meeting the aims and objectives of a particular organization. It is a difficult job for managers to coordinate these roles because the workplace is getting complex and demanding. This complexity makes it difficult to define the word management. Most thinkers define it as...
Introduction Companies and organizations are typically governed by ethics. This means that workers’ actions and conduct should be in line with an organization’s code of ethics. To some extent, organizations usually state what they consider right or wrong, depending on their stipulated rules and policies. “Ethics can be defined as...
Introduction Decision-making implies the process of choosing between two or more options. Decision-making involves weighing the advantages and disadvantages of each choice as well as evaluating all possible options. As such, it is important to determine the possible consequences of each option before determining the best option in a particular...
Introduction Over the years, Canada has shown the capability to establish and maintain a stable and reliable political and social system, in addition to a healthy and flourishing economy. Even though empirical evidence indicates Canada to have a comparatively small population in relation to its outsized territory, it is remarkable...
Introduction Globalisation has offered countries a tremendous chance of economic development. Nevertheless, not all countries are growing at the same pace. While a majority of the developing countries are struggling to integrate into the global market, developed countries are already enjoying the benefits of globalisation. Globalisation enables developed countries to...
Introduction Regional economic integration refers to an international business strategy that creates a healthy environment for international business enterprises in different countries to collaborate in order to create wealth and economic stability for citizens. Ordinarily, the participating countries sign agreements that give the details of how the collaboration will be...
Abstract While there are numerous studies conducted on consumer behavior, no single study has developed a universally acceptable model. This report evaluates the historical development of consumer science especially with regards to consumer decision making process. The paper highlights and evaluates major underpinnings as well as shortcomings of traditional models....
Introduction By considering certifiable markets and their results, economists have identified a number of market attributes that if present leads to positive results and if missing leads to negative or even unattractive results. In the event that all these attributes are present, a market would be regarded to be a...
Introduction Demand is an economic term used to refer to the quantity of goods or services a consumer is able and willing to purchase at a given price over a given time period (Todd, 2010, p.1). Supply is an economic terminology used to refer to goods or services a producer...
Introduction Politicians and economists have all along been advocating for free trade, which they point out will guarantee that resources reach out to consumers at lower costs. Developed countries, especially Europe, are reaching out to African countries with the aim of signing an economic partnership agreement (EPAs) (Mankiw, 2009, p.549)....
Introduction Customers are the essential to the business. Basically, the business makes profit from the product sales, so it depends how many customers purchase the company’s products. Recently, most of firms are not only to focus their product’s decoration and price, but also pay attention to those customers who buy...
The maintenance of a productive performance by both employees and the management within an organization is very imperative. Due to the diversity in the workplace, there is uniqueness for all. Therefore, it is vital for organizations to create and execute creative communication strategies that enable them to have a community...
Introduction Proper market segmentation is a vital component of the company’s success and its customers’ satisfaction. Brands like Samsung prove this point by their example, showing that it is crucial to develop products that meet the needs of all groups of individuals. This paper analyzes Samsung’s market segmentation strategy, outlining...
Introduction A company’s ability to factor in its strategy careful analysis of its products as well as market research has enabled it to integrate emerging technologies whereas maintaining low operational cost. The ever-changing global economy that has virtually reduced the world into a global village has greatly informed company’s expansion...
Introduction Randolph W. Cameron is an author and a reputable businessman of high standing. He is a former management associate in New York’s Avon distribution center in Rye. He has also served as the director of inner-city market development in the company’s New York head office. He has also served...
Introduction In this video, Jennifer Reed explains the process of portfolio management and its segments. She illustrates the difference between project management, program management, and portfolio management. Reed defines a portfolio as a set of projects or programs and other units that are combined to sustain effective management to meet...
Introduction Information Technology refers to both the software and hardware that are used to stockpile, salvage and control information (both tangible and intangible). Strategy refers to a set of analytic technique for understanding and influencing your company’s position in the market places. Discussion Looking back over the years at many...
Rejection of the proposed project by the Company Through the analysis of the future cash outflow from the proposed project using the weighted average cost of capital of the company (WACC), it is found that an amount of $ 4,236,990 negative cash outflow will have incurred over total cash outflow...
The beverage industry has been experiencing tremendous growth for a long time now. This is due to the increased consumption of convenience food in all parts of the world. However, this industry has been dominated by two companies leading to what has been termed as oligopoly by many people. Coca-cola...
Introduction Some years ago, I worked in a company that specialized in online retailing in the sphere of electronics. The success of the company depended on the appropriate work of its web resources, the official website, the intranet, as well as on an efficient marketing strategy and advertising. I worked...
Introduction This essay is about Yahoo! – Microsoft talks about a possible merger. The above link is just one part of a series of articles on the merger between these two companies. This essay examines all the articles in the series and elaborates on the learning acquired during the course...
Introduction Increased demand for energy and the rising level of Green House Gases emission from urban centers and cities is an agenda that needs to be dealt with on a global level. The challenges presented by energy demands and Green House Emission are of high magnitude and require designing and...
Level of Board Involvement – Does the board discuss security issues and the organization’s response? It is necessary to review several official meeting protocols to determine if such aspects as security problems and the reaction of the organization are discussed by the senior management. The choice is appropriate in this...
Introduction Risk is an integral component of any business project. In its turn, risk appetite is a concept in the practice of risk management, which is difficult to define. However, it is necessary to assess the risk appetite of a company to provide effective planning of its activities and improve...
State some examples in which leaders you have worked for have exhibited leadership practices that relate to TQM. Also, provide examples for which they have not? How did their behavior affect you and your co-workers? While working for a highly reputable company in town, I noticed that most of its...
What are the major elements that may be included in a strategy to implement business ethics management? Ethics training, managing the relationship with stakeholders, the performance of social auditing, ethics consultations, mission values, hotlines channels for reporting, and code of ethics to govern the organizational operations (Tsalikis & Fritzsche, 2013)....
Homeownership in modern industrialized nations has become a commodity in the real estate market. It no longer represents an idolized dream of creating a family home. However, the value of homeownership as a factor in individual and social stability is significantly underestimated. Housing is a significant social asset, providing financial...
This embryonic stem cell research involves the use of donated embryos whereby with this consent of the donor and her instructions the embryo will never enter a uterus. It is noteworthy that after the embryos have been donated to stem cell research and therapy, at the end of the day...
The perfect competition is a model of the market in which many sellers and buyers interact. At the same time, all subjects of the market relations have equal rights and opportunities. For example, the market of cars may be designed so that new companies can easily enter it and offer...
Teenage pregnancy is defined as “pregnancy and parenthood” during “adolescence.” Inside the United States, it is known as a pregnancy that occurs in underage girls. Across the world, this term is used for pregnant women who have not reached legal adulthood, which varies from country to country. Teenage pregnancy can...
Introduction One of the responsibilities of a healthcare professional is to communicate with a patient, especially when it comes to making health decisions. Among other things, having meaningful conversations with a patient helps to gain informed consent, which is the foundation of ethical medical practice. However, transmitting information is not...
Executive Summary Cisco Corporation was established by Sandy Learner and her husband Len Bosack in 1984. The couples graduated from Stanford University as computer analysts. They started the company on a small scale, producing cable routers for campus buildings. By 1990, the company was positioned at the centre of the...
Consumers’ Income Normal goods are those products or services whose demand increases when the consumers’ level of income increases. A reduction in the income levels of the consumers causes a drop in the demand for the product or service. On the other hand, when the demand for inferior goods decreases,...
The problem that CEOs Face in the Dubai Realty Sector A major problem facing CEOs in the real estate sector in Dubai is the uncertainty in the property business. CEOs in the real estate business are worried about the demand as well as the future of profitability in the housing...
Introduction Innovation is destruction……..It is creation of something new and refreshing yet it also gives birth to malice – the destruction of the very essence of innovation. This evilness is in the form of hazardous wastes spreading in every corner of Earth and causing harm to environment and eventually health...
The movie Crash is the story of a number of individuals in Los Angeles, whose paths cross during the course of thirty-six hours. Each of these individuals is a victim of his or her own prejudices and experiences. These prejudices affect their interactions with each other as they move through...
Introduction Arts have shared an important place in educational history due to their ability to teach the necessary skills to succeed in life and enable them to make crucial decisions. Arts also help in developing the self esteem of students and enable them to build self discipline. Arts play a...
The next step in the preparation of a balanced scorecard for Marie Stopes International (Marie Stopes), which is a non-profit organization based in the UK, is preparing objectives related to the customer perspectives. It has been noted that the organization provides health-related guidance and services to women living in different...
Becoming a parent can be one of the most challenging tasks in the life of an individual, and probably one of the most cherishing ones too. Each parent is wishful for his child’s well-being and wants him or her to be brought up in a way that could make the...
Climate change refers to the vacation in the earth’s global climate or regional climates over time if describes changes in the variability or average state of the atmosphere over time scales ranging from decades to millions of years. This change can be caused by processes internal to the earth’s external...
Introduction Education is one of the most important spheres of the social life of human beings. Education is the means of shaping intelligent personalities for the further development of society. Accordingly, if it is one of the spheres, it is integrally connected with others including political and economical ones. Drawing...
Factors that affect short run production Upward sloping supply curve characterizes short run production. The supply curve emanates from the law of diminishing marginal utility. The law states that as additional units of variable factors are added to the fixed factors of production, output rises but eventually falls. Producer’s response...
Introduction This newspaper article is focused on the issue of dental care in Ontario. As the majority of population has OHIP coverage for their general healthcare, the dental care is only covered by private insurances that only a certain category of people has. In some cases, for example if an...
Introduction Reasoning as a way of knowing is critically important in our daily lives. To begin with, we live through reasoning and it is rarely left out of our thoughts (Elliot). Secondly, the reasoning is influenced by other ways of knowing such as emotions. In addition, if we leave out...
Introduction Over the past 100 years, the earth has warmed by about 1ºF.the reason as to why and how has not been concluded scientifically as the scientists themselves seem not to be exactly sure. Some are of the view that the earth could be getting warmer on its own, with...