Scarcity Reports Samples For Students

A well-known saying “There is no such thing as a free lunch” belongs to Milton Friedman, Nobel Peace Prize winner in Economic Sciences (Tucker, 2008, p. 27). This phrase poses a key question whether or not something can be free. “Free lunch” appeared during a period in history when bars and saloons in America started attracting their customers by offering them free lunch (Riley, 2006). Obviously, they sacrificed money for lunch knowing about the trade-off on drinks their customers would order.

It refers to such economic concepts like opportunity cost and scarcity of resources. In addition, it is important to understand that ...

Abstract

The current discussion is aimed at the dissection of ethics, corporate social responsibility and sustainability of British Petroleum (BP) by taking the case of Gulf of Mexico Oil Spill in to consideration. By commencing the discussion with an overview of the externalities present in the oil industry, the pressures on oil companies are examined which is further evaluated through the application of stakeholder theory and the theory of utilitarianism.
In the case of BP, it is revealed that the resort to CSR was primarily a reactive measure to correct its tainted brand image and save it from reputational risks. ...

Introduction

It is imperative to note that productivity growth is an aspect that is often used by economists to gauge the performance of an economy. In evaluating the living standards of a country in the long-term, the efficiency with which capital and labor are combined has a significant role to play. However, it is worth noting that productivity alone cannot be relied on to measure the performance of an economy as it is inefficient. The concept has made most analysts to focus on other features such as labor productivity, a figure that is often arrived at by dividing the total ...

Haitian Desal-A-Nation (A solar powered water distiller)

Background
Small-scale desalination is a method that helps to desalinize cases of water scarcity. The salt water that is efficient and profitable. And, it is also life-saving and making the affected people live a healthy lifestyle. Several water desalination projects are in place to include the C- water, MIT solar powered desalination system and the Haitian Desal-A-Nation.
Figure 1 : the Haitian Desal-A-Nation [3]
This project is aimed at developing a distillation system which works solely on sunlight. The architecture is simple and hence can easily be reproduced for more consumers and additionally, the glass material is strengthened for ...

Affiliate institution

Traditional responses of corporate strategy, hierarchical structures and control systems are among the major factors that inhibit the flexibility of a company, its ability to take up new opportunities and thrive in the ever changing external relationships. Mainly, these factors are caused by organizational similarity. Organizations need to be legitimate. Most of their behavioral and structural aspects are targeted towards environmental acceptance rather than internal organization similarity. Hence, most organizations tend to be similar, adopting traditional business practices. The success of companies is mainly determined by their flexibility to changing needs, new opportunities and the ability to create new ...

Abstract:

Lack of fresh water for agricultural, domestic, and industrial use is a great hindrance to development in many parts of the world. Water shortages are more prominent in the arid and semi-arid areas. In addition to that, the inadequate fresh water resources found in these regions are endangered when it comes to quality due to the numerous man-induced changes. Moreover, the limited water available is limited to groundwater. In there is any surface water, it is mainly flash floods that results from high intensity rainfall that falls for a very short time. Therefore, these floods have very little potential to be a ...