Essays on Economic Recession

Introduction.3

Political analysis 3 Economic analysis .4 Social analysis 5 Technological analysis ..6

Legal analysis .6

Environmental analysis 6 Conclusion7 Recommendations7

References.7

Introduction Out of one hundred and ninety six countries in the world, Spain was chosen for this assignment in order to conduct PESTLE analysis. Political, economic, social, technological, legal and environmental factors are going to be analyzed systematically and the information is taken from one of the relevant and credible sources – CIA World Factbook, and others. General factors about Spain are going to be reviewed first before proceeding to the analysis of Zara in order to have a better understanding. Zara is ...

The Transportation Industry is considered to be cyclical in nature because the revenues and profits of companies operating in this category are directly tied-in with economic booms and recessions. This implies that when the business cycle in a country hits a high, there is tremendous growth in this industry, which also triggers increased employment . This is primarily because whenever the economy of a country is doing well and Gross Domestic Product rates register an increasing trend, there is increased production of goods by the manufacturing industry as well. The underlying reason for this increase in production volumes is increased ...

Summary

The principal intention of the article is to find out the effect of state corporate income tax rate cuts on job creation. The author's conducted an experiment trying to establish whether decreasing the amounts of corporate tax helped to spur economic growth which in turn resulted in the creation of employment. The authors of the article analyzed jobs created in economies where the corporate tax was reduced and economies where the taxes remained the same. The main conclusion was that reducing the amount of corporate tax paid enabled firms to hire more workers, which in turn resulted in more ...

How the President’s Stimulus Plan for High-Speed Rail (HSR) will not work

The president’s HSR plan will spend billions to offer a rail service to a small percentage of the travelers. Importantly, the federal cannot afford this extravagant program, and it will cost taxpayers a lot of money. Thus, the plan will not work as previously expected. The federal has a large budget deficit of about 1.4 trillion (Utt, 2011). Thus, a massive expenditure on the HRS will heighten the deficit more. American citizens have realize that the plan will cost more compared to the perceived benefits. Although there seems to be small opposition on the HRS, it is clear ...

Introduction

German sociologist Max Weber defined a charismatic leader as someone that espouses extraordinary characteristics and whose vision inspires several others (Avolio & Yammarino, 2002, p. 168). Charismatic leaders are capable of gathering masses in their support and leading major political, religious or social movement. But, such large following can be positive or negative for their opposition and some of them might even take criminal routes to achieve their objectives. In the present world, Barak Obama is a charismatic leader who is seen as a positive charismatic leader. Obama led a major political movement and brought the majority of the nation ...

Rancho Solano

Rancho Solano Private School (RSPS) is a private school founded in 1954. Until 2013, the school continued to open educational establishments across the country. However, after 2013, the economic recession started to take its toll on the educational industry. In 2014, the school started announcing closure of several of their schools. These closures have continued over the past two years. At the same time, school enrollment is increasing across the country. In Arizona, K-12 enrollment is expected to grow by 23% by 2023 (Oke, 2015, p. 3). The RSPS campuses in Arizona closed in 2014. It is a necessity ...

Imperial Oil is a giant Oil and gas producing company based in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has employed profitable strategies which stimulated its growth since its establishment in1880. Its operations include exploration and extraction of oil and gas, manufacture and distribution of petroleum products, production of chemicals for industrial and domestic use through innovative and sustainable technology. It has been paying dividends to its shareholders for 21 consecutive years. The success of IOL can be attributed to the efficient deployment of its resources, capitalizing on its strengths and using the ...

Introduction

Economic performance is an important aspect that every country needs to consider if it intends to monitor its progress development-wise. Conducting this performance reviews involves reviewing the Gross domestic product values that a country registers every year and formulates a trend upon which certain conclusions can be drawn. The information obtained from this process is very reliable which means that decisions can be made based on this. Therefore, the essence of this paper is to apply various macroeconomic concepts to the economy of Singapore. From the information, it is possible to extract significant information such as unemployment rate in ...

Supply Chains.

Question one. Walmart might counter the actions of Tesco by planning alternative store initiatives across the world and creating barriers to the US market entry for Tesco. Clearly, Tesco has higher market significance in all markets shared with Walmart (Hill, 2012), but Walmart can maintain and raise its market shares in these markets by establishing small stores in local towns both in the US and across the globe. Establishment of small supermarkets in local towns can create important outlets for local populations that might be underserved by Walmart. By using small supermarkets, Walmart could gain a wider reach of ...

RHETORICAL ANALYSIS OF ESSAY ON “Students and Money: In Their Own Words”

The first Rhetorical device I see in the Essay on "Students and Money: In Their Own Words." By Karpeck, Griffin is the device “PATHOS” which is an appeal to emotion, and is a way of convincing an audience of an argument by creating an emotional response. I consider the author is very much successful in this regard. In the first few lines itself he appeals to the emotion by saying that his friends smirk at him by looking at his need to do that menial job and he too has taken up the job reluctantly (i.e. he is forced ...

China’s Economic Trends

China is an emerging economy with a GDP of $13.98 trillion and a per capita income of $10,165 (2016). The Chinese economy the biggest after U.S.’s by GDP and the largest by purchasing power parity. China is considered a tiger economy because of its rapid economic growth during the past three decades and has recorded an average growth rate of 9.91% between 1979 and 2010. Currently, the economy is growing at an average annual rate of 6.7% (Wildau and Mitchell). In the past few years, China’s market for wine has expanded dramatically. Wine consumption is a ...

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 ...

The idea of marriage entails two people who commit to a relationship by law to live together in riches and poverty, through sickness and health till death do them part. The notion provided by soap operas is that both men and women marry based on love. Note that there has been a steady increase in the age at the initial marriage for both men and women in the US. The median age has been noted to rise consistently, rising from 23 for men in 1960 to 28 in 2010. There are varied factors that have been associated with this ...

During the most recent recovery from an economic recession, an interesting phenomenon occurred. While the unemployment rate stayed about the same, the economy rebounded, in terms of gross domestic product (GDP), and hours worked per employee. There is one reasonable explanation for the so-called jobless recovery of 2009: automation and robotics. Automation and robotics can efficiently do the work of many different types of jobs. For example, middle-wage blue-collar jobs in manufacturing, warehousing, and transportation are quickly becoming automated (Sui & Jaimovich). In addition, many traditionally middle-wage white-collar jobs such as bank tellers and administrative assistants are being phased out ...

The cause of unemployment is individuals being laid off or fired or they themselves quitting and seeking for an employment. In cases when the individuals are not in search of any job, they are not taken into the category of unemployed by the Bureau of Labor Statistics (U.S. Economy Added 215,000 Jobs In March; Unemployment Rate Rose To 5 Percent). After many years of underpaid jobs, there is an assumption that Americans are finally demanding a raise. When we observe the last month, there was a significant pick up in the level of wages after having observed many ...

Abstract

The purpose of the above paper is to highlight the impact of the great recession that was experienced in 2007 -2009 and the bailout strategies used by governments to restore investment institutions from collapsing. The paper starts with an introduction that explains the impact of the great recession to the U.S and global economy. As a remedy to avert the adverse effects of the global recession, both short term and long term strategies were sought. The advantage of using the short-term strategies was to restore stability in the financial sector and prevent further collapsing so as to achieve economic ...

Introduction

Sharp Park, which is named after George Sharp, has a long, rich history. Mr. Sharp owned a more than 400-acre estate that he established with a vision for the San Francisco residents to enjoy recreation in a natural setting. When he died together with his wife, the property was left to the San Francisco City Council under strict instructions that it would only be used for recreational purposes. Sharp Park is in California off Highway 1 along the Pacific Ocean, San Francisco. It has existed since 1917; the golf course was established in 1930s. In 1941-internment camp was established ...

Abstract

The period of economic recession impacts significantly on the nature of the organizational learning strategy. According to a survey conducted by Personnel Today, in 2009, economic recession affected the learning and development strategy by 59% globally (Personnel Today, 2009). Economic recession is usually a long duration of economic decline characterized by low output, unemployment, a decline in the availability of credit, reduction in the level of trade, and fluctuations in currency value. These challenges affect the ability of industries to manage their human resources (HR) effectively. In particular, the period of recession affects the ability of the management to ...

Global warming refers to a system of climate changes that are responsible for causing an increase in the average temperature of the lower atmosphere which affects the average thermal gradient of the Earth. Global warming may have a great variation among the causes, but it is most principally associated with human interference, specifically with the release of excessive amounts of greenhouse gases”. The most popular and common definition of the global warming is “Warming caused by human activity.” (Weather Street) There are several gases in the Earth’s atmosphere which are responsible for the increase in the global temperature ...

Background

Advances in modern technology have seen innovation in the energy industry that seeks to make energy cheaper as well as environmental friendly. One of the ways of achieving energy efficiency and environmental protection is the implementation of the smart grid. The smart grid has the capability of modernizing the transmission of electricity which benefits both energy suppliers and consumers. Because it is emerging technology, the benefits of the smart grid have not been widely documented. Saving energy saves the environment and the adoption of any means that achieve this fit is critical to a more cleaner and renewable energy ...

Sharp Park named after George Sharp has such a long history. Mr. Sharp had more than 400-acre estate that he established. When he died together with his wife, the property was left to the San Francisco City Council under strict instructions that it would only be used for recreational purposes. Sharp Park is in California off Highway 1 along the Pacific Ocean, San Francisco. It has existed since 1917; the golf course was established in 1930's. In 1941-internment camp was established in the park that provided medical service, food, shelter and employment opportunities to San Francisco residents. When Pearl ...

[Monti Cleaning]

Business Plan

Business Plan template 1 Business Plan Summary 3 The Business 3 The Market 3 The Future 4 The Finances 4 The Business 5 Business details 5 Registration details 5 Business premises 5 Organisation chart 5 Management & ownership 6 Key personnel 6 Products/services 7 Unique Selling point.7 Anticipated demand8 Risk management 8 Operations 8 The Market 9 Market research 9 Market targets 9 Environmental/industry analysis 10 S.W.O.T. analysis 11

Advertising & sales 12

The Future 13 Vision statement 13 Mission statement 13 Goals/objectives 13 Action plan 14 The Finances 14 Key objectives & financial review 14 Start-up costs for [YEAR] 15 Balance sheet ...

Abstract

The labor market in the United States has changed significantly over the years because of the changes in the global market and the impact on the work force in the country. The changes have led to diversity in the way people live and work. For many people, the loss of jobs causes structural changes in the ways that people live as these people are no longer able to finance their way of life. Mortgages also have been affected by the changes in the labor market and people have now become more aggressive in securing their homes. In addition, the ...

I love Lucy is one of the pioneer sitcom comedies shot in front of a live audience in the US. The setting of the sitcom is in New York with the show following the life of Lucy Ricardo and her husband Ricky Ricardo, who is a professional singer. The show also includes the couple's friends, Fred and Ethel Mertz. The show follows the life of Lucy, who is naïve in her ambitions to become a star in the big city. Together, the cast gets into various hilarious situations that are brought about by the actions of Lucy in ...

Question one

The economic recession that happened in Asia in 1990 did not affect the Nucor Company. It affected most of the major steel consumers in the construction, automobiles, and firm equipment companies. The terrorist attack of the USA in 2001 caused an economic recession that hampered production and demand. Some of these sectors are still recovering from the recession. The decrease in demand is because there are other firms supplying the United States. The firms are from China, Russia, Brazil, and India. These firms are subsidized by the US government thus creating stiff competition. The raw materials that have increased ...

Introduction

International trade, which involves an exchange of goods and services across the geographical boundaries of a country, is one of the major determinants of the economic stability of a country. The volume of trade indicates the effect of trade on the economies of the participating countries. The economy of the United Kingdom has continuously experienced expansion despite the presence of rampant unemployment and inflation until the 2008 recession. This resulted from the failure of the government to take actions to correct economic instabilities (Washington et al. n.p). The relative value of currency between countries involved in exchange is essential ...

Abstract

This paper gives an insightful preview of the Panama's economy. It analyzes key data from the current major economic indicators to comprehend the state or nature of Panam. The analyzes espouse data and statistics drawn from the Panamanian Bureau of Statistics and Economic portfolios. It analyzes both the endogenous, exogenous economic factors, as well as their impact on the Panamanian economy. One of the most conspicuous endogenous factors is the Panama’s unsustainable development growth models. Its economic growth mostly focuses on the economic indicators while ignoring critical and pressing aspects such as social as well as environmental problems. ...

According to the National Bureau of Economic Research, the most prolonged economic recession, which started in 2007 in the United States, has been over since June 2009. Nevertheless, American people are still experiencing its damaging consequences. Ordinary people are far more concerned with their family economics, and are in the midst of a struggle for their well-being. As Barack Obama claimed, for millions of unemployed people, for those who have trouble paying their bills from day to day, recession is still very real. After the official end of Great Recession, real GDP has increased only by 2.9%, U.S household ...

Inflation on the Sterling Pound and Its Impact on Tesco

Recently, the term inflation has become very common in economics as almost every country and society in the world was hit by an increase in the general prices of goods and services over the last four years. Inflation is the term used to refer to this general rise in the cost of living over a given period, which is usually a shorter time than expected in an ideal economy (Boyes, W. J., and Melvin, 2010). In addition, inflation implies that the currency at that particular time will absolutely decrease in its value, as each unit of money will buy lesser quantities ...

The aim of this report is to enhance understanding of the managers at the P &G through an intelligence analysis of the main competitors, and the comparison between the company and its main competitor. Unilever International Corporation has been investigated in detail as the main rival to the company. Its current market analysis has been elaborated in detail, while its current strengths, weaknesses, opportunities and threat are explained in detail in the SWOT analysis section. Opinions on the industry and the marketing strategies have been sought from various sources, in order to allow managers to understand what the ...

When the economic recession of 2009 hit global consumer markets, FMCG companies were forced to relook their supply chain management strategies in order keep their prices below those of competitors. With prices of raw material and power soaring, the company had to review its supply chain management and make several adjustments to remain competitive. Kraft Foods, the second largest food company in the world, has kept a keen eye on future growth requirements, even before the economic recession had set in.

As far back as 2007, the company earmarked an increase of cash flow by $1 billion. Philippe Lambotte, Senior ...

Question 1

The terminology business cycle is used to denote the fluctuations in the economy in production or any other economic activities over a given period of time. These fluctuations occur around a long-term expansion trend and often involve changes over time between periods of high and vigorous growth and periods of relative stagnation (Tvede, 2006, p 7). The components of a business cycle include boom, recession and recovery. Boom refers to the economic period where businesses are experiencing large sales which results in high profit margins. During this period, the levels of employment are relatively high (Freiber, J. & Freiberg, K., 2007, p 41). Business ...

The economic situation in the United States and the world in general is expected to continue its recovery from the recession over the next one year (Forbes.com). Improvements are expected in key economic indicators such as gross domestic product, inflation levels, employment levels and interest rates. It is expected that in the next one year, the high rates of unemployment currently being experienced in the United States will be on the decline which the rate of inflation is also expected to reduce. However, due to the political turmoil in the Middle East, it is expected that the price of ...

When the economic recession of 2009 hit global consumer markets, FMCG companies were forced to relook their supply chain management strategies in order keep their prices below those of competitors. With prices of raw material and power soaring, the company had to review its supply chain management and make several adjustments to remain competitive. Kraft Foods, the second largest food company in the world, has kept a keen eye on future growth requirements, even before the economic recession had set in. As far back as 2007, the company earmarked an increase of cash flow by $1 billion. Philippe Lambotte, ...

Introduction

The nature of underdevelopment in poor countries has been one of the contentious social issues in recent times. Each country has its own version as to why it is underdeveloped. Colombia is a third world country and is ranked amongst the underdeveloped countries in the world. Being located in Latin America, Colombia borders other third world countries like Brazil and Venezuela. However, it is illogical to assume that the general problems that are associated with underdevelopment in Latin America are a replica of underdevelopment in Colombia. The following research and discussion offers insightful information on the nature of underdevelopment in Colombia ...

Executive summary

The aim of this report is to enhance understanding of the managers at the P &G through an intelligence analysis of the main competitors, and the comparison between the company and its main competitor. Unilever International Corporation has been investigated in detail as the main rival to the company. Its current market analysis has been elaborated in detail, while its current strengths, weaknesses, opportunities and threat are explained in detail in the SWOT analysis section. Opinions on the industry and the marketing strategies have been sought from various sources, in order to allow managers to understand what the ...