Essays on Euro

German authority and hesitations have since decided the determination of strategy choices in the EU. There is the inexorably intergovernmental modus methodology of the EU system. Foreign accomplices, for example, the U.S. progressively recognize Berlin as the strategic place in the Euro zone. Concerns about Germany's future remote and security role persevere. The change of political initiative in Berlin was caused by the September 2013. Federal decisions have expanded the interest for investigation of German European, external, and security strategies. Basing on the above notions, it is true that the making of Europe was Germany’s answer to its Continue reading...

Economics

The European countries are facing lower growth rates, just as they faced in history. The austerity measures have brought pain to the euro zone, and these measures provided no relief. The euro zone countries are reducing their spending by the double digits. Such reduction is increasing unemployment in Europe. The eurozone countries are trying to find the possible ways that are suitable for countries that are stagnant economically for the prosperity of the countries. In order to achieve the better growth for the economies, the countries are adopting austerity. Austerity is the intentional deflation of the domestic prices and Continue reading...

At various stages of human development the workforce performance was different. Primitive society was characterized by full employment, whereas, during the feudalism era, there was an absolute and relative agrarian overpopulation of free citizens, some of whom became soldiers, in order to do at least something. Under the conditions of frequent capitalism in the industrial stage of development, when market economy dominates in most of the countries, we have a new socio-economic phenomenon — army of unemployed.
Unemployment is a complex socio-economic phenomenon in which the economically active population is unemployed.In a market economy, unemployment is a result of the Continue reading...

Management Team of Musictogo

MARKET STUDY OUTLINE
1. INTRODUCTION

A. OBJECTIVE

This report contains the results of a market study conducted for the Global Corporation “Musictogo” headquartered in the USA. This study evaluated the market readiness and appetite for a new generation mp3 player to compete with Apple’s “Ipod” product. Only the Netherlands market was considered in this study.

B. APPROACH AND METHODOLOGY

For this study it was necessary to determine how Musictogo’s next generation mp3 player would perform against the incumbent mp3 provider, Apple Corporation’s Ipod mp3 player.
The Ipod’s performance was evaluated against major competitors with emphasis on features/functionalities and price. The Netherlands Continue reading...

Business

European socio-economic model is an amalgamation of the wide-ranging welfare systems and powerfully politicized and institutionalized forms of the industrial relations (Grahl and Teague). It comprises of the social security, economic life, educational system and the methods for driving the formation of human capital and for creating and diffusing knowledge. There are several advantages as well as disadvantages of the European socio-economic model. Considering the advantages, the European model is not merely a social model; rather it influences employment, production, growth, objectives and goals of economic policy and the competitiveness (Aiginger and Guger). The European socio-economic model is a Continue reading...

Both regimes believe in use various criterion for eligibility of benefits and social programs; however, the authority over one criterion over the other differentiate the welfare in each regime. Ideally, the social democrats back all welfare programs and activities including long-term welfare, which aims at ensuring that resources are distributed equally among citizens of a country. This socialism ideology came about because of religious, communal, and occupational groups that considered solidarity and empowerment of the people. Unlike the social democrats, the conservatives do not support welfare activities (Korpi 13). Categorically, they believe that those in need should be given Continue reading...

Introduction

Music disparity is the literal difference in music based on various grounds such as social and geographical background of the music, its producer and listeners, the genre of the music, age factor and the social class associated with the music industry. Music serves many purposes in the society today, and it is because of these disparities that people tend to classify music according to the suit to its fans and lovers. Equally, different genres of music have risen today in the music industry that tends to identify and create its own group of followers. Everyone likes music but one Continue reading...

Introduction

The great recession is believed to have started toward the end of 2007, and affected most economies. This was dubbed the great recession in the literature since it was mainly deep and prolonged, and therefore was regarded to be the worst recession since the great depression of 1930s. For years, the economists have not agreed on the causes of the great recession nor have they agreed on the correct policy response to the subsequent recession. This made several governments introduce significant stimulus programs in an attempt to reduce the economic impact of the recession. Similarly, the increase in government Continue reading...

1. Brief description of the main functions of European Union institutions
According to the article 13 of the Treaty of the European Union, the European Union (EU) is governed by the seven institutions:  the European Parliament, the European Commission, the European Court, Council of the European Union, European Council, European Central Bank, European Court of Auditors. (Treaty on the European union, 1992)
The European Commission is the highest executive body of the European Union. It`s main functions are: implementing of the decisions of the Union, monitoring the compliance with its laws and, if required, initiating of a lawsuit Continue reading...

Summary of Main Issues Discussed within the Case Study

Further, the author talks about OPT contracts and how they have been beneficial to countries located within Europe. OPT contracts refer to agreements through which firms within the Euro Zone are protected from stiff competition from other regions such as China due to the production costs differential. One of the privileges they enjoy is the freedom to export temporarily. One of the countries that have gained from OPT agreements is Romania, which is one of the poorest countries in Western Europe. This is because OPT agreements led to a significant increase in the orders made from Europe. This in Continue reading...

The interview subject in this case is a job seeker who resides in the United Kingdom. The study seeks to find out how the Eurozone Crisis has impacted the job seeker because this economic situation has had an immense impact on the economy of the UK. The Eurozone crisis has been a continuing crisis which has affected a majority of countries in the European Union since the beginning of 2009. The crisis was caused by a combination of multifaceted factors which include; the financial crisis of 2008, globalization of finance, real estate bubbles, international trade imbalances, fiscal policy strategies Continue reading...

A Critique of Peggy McIntosh Article

Peggy McIntosh in his article White Privilege, Color, and Crime: A Personal Account narrates his personal experiences in the United States of America based on white privilege, color, and crime. She explores the issue of unearned privileges of white people because of their color with regards to issues of crime in the United States. That the Whites have the privileges given to them by the society while other people such as Euro-Americans and African-Americans are under pressure from the same society to be unmindful and unconscious of those privileges. She argues that this is very oblivion or unawareness flowing Continue reading...

Abstract

All gas in the Qatar passes through National Grid’s national transmission arrangement on its way to consumers. The owners and operator of gas transmission substructure in Qatar, work with other companies to make sure that gas is obtainable where and when it is wanted. In Qatar Gas flowing that comes from higher to lower pressure is looked at as being the fundamental standard of the natural gas delivery system that involves, pipelines, gas stations. The essay explores the connecting of gas from the natural source such as bottom of the sea (Offshore) and underground (Onshore) to the transmission Continue reading...

Travelogues are valuable historical sources, but they must be used with great caution. The stories that travelers give out with the regards to their journeys and the places they visited are always essential sources for understanding of the past. As outsiders, travelers always note the elements of a culture which is too commonplace for local commentators to mention. Apart from these travelers always give some insight in the manner that their own society understood in place in relation to other cultures. Throughout history, there are several travelers' accounts which act as valuable historical sources. It is peculiar how Judge Continue reading...

The US Pet Industry has been growing over the last two decades at an overwhelming rate. Currently, the industry has total revenue of $15.9bn with an annual growth rate of 3.4% since 2008. The projected growth rate for the next five years from 2013 has been set at 4.0%. The profits from this industry have been recorded at $555.4bn for the year 2013. The wages and salaries resulting from this industry have been recorded at $2.1bn while the total number of established and businesses have been recorded at 13,470 for the year 2013 (PetPR, 2012). The number of Continue reading...

Introduction

Currently, there are many international organizations in the world that address issues in all areas of the human life, including economic and political ones. The acutest problems of today, in my book, are the problem of war and peace, of disarmament and resolution of armed conflicts. Safety concern of every state has led to the creation of the military and political organizations. One of which was the North Atlantic Treaty Organization (NATO). NATO creation was a consequence of the Cold War and, therefore, all its efforts were aimed at confrontation with the Soviet Union and with other socialist countries ( Continue reading...

Current Economic State and 2008-2009

It is about six years since the world experienced the worst global financial crisis in the history of the world economy, however, considerable improvement can be seen by looking at economy of various states all over the world (Irwin, 2013). The economy had a continuous increase of risk in all sector following the failure in housing prices and weak monetary policy of key economies of the world. Risky economy resulted to the sudden change in the lending rates and spending by the households. The effect of these was manifested in the sudden but steady decline in the world per Continue reading...

1.

Country Selected: Turkey

Total Population: 80 Million estimated (2013).

Capital: Ankara.

Official Language: Turkish. Other Languages: Kurdish, English.

Major Cities : Istanbul-Population-13,854,740. Ankara-Population- Izmir-Population- Bursa-Population- Adana-Population-

Transportation Channels :
Turkey has a highly developed Public Transport System. There is also the presence of private transport. The Public Transport System includes a Railway System that connects the major cities of Turkey. Turkey is also connected with other countries by Rail. In addition, Turkey also has Light Rail or Tram system in place. There are also public buses, taxis and water taxis available. Moreover, Turkey also has a highly developed road network in place that allows for private vehicle ownership.

Map of Transportation Channels :

Physical Characteristics:
Turkey Continue reading...

The European Union was hit hard by the economic crisis. According to the statistics published by the European Commission, the business investment rate keeps falling in the euro area. The unemployment rate is very high and keeps stable at 12.1% in the Eurozone and 10.9% in the European Union. The Eurozone government debt is about 92.7% of GDP and the forecasts made by the Organization for Economic Cooperation and Development are not that good, predicting just 1% economic growth in 2014.
Besides the economic problems of the European Union, there are many other current issues regarding the European integrity Continue reading...

1. What are the advantage and disadvantages of using currency futures and options to hedge?
1. Using Currency futures and options to hedge certainly have their pros and cons. The first and perhaps the greatest advantage is that hedging acts as a tool that can be used to diversify, which in turn leads to higher returns on investments. Secondly, hedging helps cut down the uncertainty levels by curbing down on the risk factor. This can lead to an increased sense of surety for a particular business, thereby ensuring that the business operates in a smooth manner. Lastly, hedging provides Continue reading...

- Globalization and burgeoning technology/innovation that shrink product-life-cycles, coupled with global competitor’s quality and price, brings goods to the USA adding to 80-90% mega-competition for most consumer goods sold in USA, compared to <25% in 1950’s. Equally, global companies compete severely and challenge US firms abroad.
- The U.S. and Eurozone economies play major roles in the world economy and are crucially important for each other’s prosperity. The two sides combined account for around 40% of world GDP, over 25% of world trade, 60% of world foreign direct investment flows, and 60%-70% of world banking Continue reading...

International politics/relations

In his article “Russia's Latest Land Grab: How Putin Won Crimea and Lost Ukraine” Jeffrey Mankoff states that Russia interrupts political uncertainty of former socialistic countries justifying it with protection of Russian national minorities on these territories. According to the author, in this way Kremlin is able to maintain influence on post-Soviet countries. After dissolution of Soviet Union many of these countries have directed their policy on European integration not willing to play under Kremlin rules. Russia was playing a restrictive role in each case, except the Baltic countries.
During 2014 Russia has probably lost the strongest political ally – Continue reading...

Introduction

Globalization and other factors are driving international businesses and trade. In that respect, multinationals are increasingly becoming subject to factors that are not only born in their home country, but also from host countries as well as markets within which they sell their products. One such factor is the exchange rate that determines the value of the payments that exporters receive for their international sales as well as the value those importers pays for their purchases from foreign markets. In that view, it is becoming crucial for managers and business leadership to establish suitable strategies for managing the risks Continue reading...

Introduction

Foreign exchange market is an international, decentralized market for trading of currencies of different countries (DeRosa, 2011). This market is made up of the financial institutions, especially banks that are ready to exchange one currency for another. DeRosa (2011), explain that exchanging money means trading one currency for another and the value at which exchange takes place is called exchange rate, which is the price of that currency. Most of the transactions take place in United States, United Kingdom, and Japan with most of the rest market located in Germany, Australia, Singapore, and France. Foreign market is fully liberalized Continue reading...

The Challenges faced by the European Union

This paper discusses two specific challenges that the European Union (EU) is facing currently. One is the democratic deficit and the second challenge is the euro crisis.
The ‘democratic deficit’ can be defined principally as the disagreement regarding the lack of democracy in the European Union as well as in several of its other bodies. It is apparently claimed that due to this democratic deficit, the European Union and all of its other bodies are unapproachable to the common people as their functioning methods are extremely complex in nature.   At each and every single stage of the process of Continue reading...

Introduction

Glorious Hotel (Glorious) is a small family run hotel located in the popular ski resort of Leysin Switzerland. The hotel is currently run by the third generation of its founders. The hotel focused on a niche market of skiers who visit Switzerland every winter. Rather than just being a hotel that offered boarding services, it also had a small spa to cate to the needs of the hotel’s visitors. The hotel also had a small bar that also accepts visitors who do not used it boarding services. With a boarding capacity of just 40 rooms, the revenues of Continue reading...

Analysis of relative success of Maintenance model in Turkey

Background to study
Shockingly, there are no support benefits in Turkey that gives the majority of the required maintenance services. For instance, to repair issues with power, an expert ought to be called. On the other hand, on the off chance that you are having issues with water; an alternate professional ought to be called. Since there are no associations that provide these services from a solitary call focus, individuals need to call distinctive professionals and get an arrangement which brings about losing significant time.
Likewise, upkeep issues stays as an issue for organizations. Confronting an issue in a Continue reading...

The Denmark government is a constitutional monarchy and parliament democracy. The constitution monarchy is a government whereby the sovereign power given to the people was outlined in the governing constitution. Parliament democracy describes a situation where the parliament had an pivotal function in the government. Ministers in the cabinet handle the government affairs. A prime minister heads the cabinet was headed by the cabinet and as a whole they are responsible for their decisions and actions to Denmark`s parliament. The members of the committee have a formal title which is the minister, and they head different portfolio in Continue reading...

Introduction:

Operations management is not about differentiating different functions or aspects; rather it is about integrating the various aspects of an operation so that the energy created is higher. It should thus be guaranteed that the various parts of an operation come together to create the synergy that is required for the success of the operations. So, if I were the operations manager in charge of a company’s operations performance, I would emphasize on all the five performance objectives. That is, I would make sure that all the objectives; quality, speed, dependability, flexibility and cost, are integrated in a Continue reading...

The Euro was officially started in 1999 in the first eleven countries. In the beginning, the Euro was employed for transaction purposes while the banknotes and coins came into life in 2002. There are five Maastricht Convergence criteria that are used in the consideration of membership. European countries wishing to join have to meet them. First is the price stability that says that the nation’s inflation rate shall not be more than 1.5 percent above the levels of the best three performing member nations. The second condition was the durability of convergence. The criterion identifies with the factor Continue reading...

The exchange rates in the market are bilateral, that is, comparing the values of a currency against the other. However there is a need to compare a currency with that of several counties .Effective Exchange Rate refers to the index describing the strength of a county’s currency in reference to the basket with other currencies. Let’s assume a country has M trading partners denoted by Trade i and Ei representing the trade and the exchange rates with country i. The effective exchange rate will be calculated as:
E effective =E1Trade1Trade+. + EM TradeMTrade

The Effective exchange Rate is divided into two namely: The Nominal Effective Exchange Rate and The Real Effective Exchange Rate.

Nominal Effective Exchange Rate (NEER) Continue reading...

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- Performance Overview:
Adidas has an impressive record during the year 2013. Its licensees grew 16% and the number of factories under these licensees grew by 46% and the total number of factories under its social compliance system grew by 8.5% over the previous year. The number of employees grew by 10%. The group achieved a gross margin on 49.3% and an operating margin of close to 9%. Group sales reached Euro 14.492 Continue reading...

The usage of Native American images and names in sports has led to controversy in both Canada and the United States. The usage of Native American images, symbols and names by non-native teams is viewed as a harmful ethnic stereotype that lead to prejudice and misunderstanding that contributes to problems related ethnic stereotyping that Native American face. People who defend the usage of these native symbols, images and names claim that that is a way of honoring the Native Americans as they refer to positive traits such as dedication, fighting spirit, aggressiveness and pride in their identity.
American people Continue reading...

Referendum on Independence

Introduction
The Scottish National Party (SNP) has gradually gained popularity among citizens in Scotland since its creation in the 1930s, and is now the third largest party in the United Kingdom of Great Britain and Northern Ireland. In 2011 the SNP made history when it gained the majority of seats in the Scottish Parliament. For the first time in history the SNP had a majority government, and so began their journey towards independence from the United Kingdom of Great Britain and Northern Ireland. In September of 2014, that journey was halted when citizens of Scotland voted “no” to the Continue reading...

The European Union covers almost half of Europe. The region comprises of 28 member states who have the common interest of doing business. The region covers between Belarus, Ukraine, Russia, southeastern Europe, and the North Atlantic Ocean. The whole region covers about 3,976,372 square kilometers, which is less than half of the whole area covered by the United States of America. The coastline of the area is about 65,413.8 kilometers. The area experiences cold temperature to the north side, mild winters and hot, dry summers in the south of the region. The terrain of the area Continue reading...

The interest rates for the central bank of Kenya have had different faces since 1991 with the rate changing as the economy of the country keeps on shifting from worst to best. At the moment, the exchange rates in Kenya stand at 8.5 percent as compared to that adopted by the Federal Reserve System (FED) of America which stands between 0 and 0.25 percent. From the year 1991 to 2014, the average exchange rate for Kenya is 14.62 percent. Kenya recorded a record of 84.67 percent in July 1993. At this time, the FED was enjoying the exchange rate Continue reading...

Analysis of European Tourism Industry

Analysis of European Tourism Industry

Introduction

As is the case with most countries with tourist attracting features, tourism is one of the major sectors of the European economy. More than 5% of the EU GDP is generated by tourism industry (Costa and Panyik, 2014). Wide variety products comprise the tourism and involve a variety of different stakeholders, both private and public (Mintel, 2013). Tourism industry is in the process of being transformed into information-based industry. Thus, there is a critical role to the ICTs (information and communication technologies) in EU tourism. In addition, European tourism industry may be considered as Continue reading...

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Introduction

The trading game is one of the things that sustains and enhances the gap between rich and poor within the international trading system that guides strong, well organize countries in comparison to more than poor ones. While, the Chicago board options exchange is the exchange market utilized for trading standardized options contracts, which include stock options, leaps, interest rate options, foreign currency options and index options . Several CBOE options are traded in the open protest system in which exchanging members perform as market makers where the Chicago board options exchange calls Continue reading...

Market Research Plan

Introduction
Market research is crucial in analysing market data and indentifying trends, factors relationships as well as industry practices. In that respect, businesses are increasingly relying on market research to solve their problems and make marketing decisions. In that view, this report seeks to demonstrate market research application in solving a business problem. To achieve the objective, a market research proposal is presented with reference to an Australian liquor store that faces performance problem. In that respect, the proposal defines the research problem, questions, objectives, research design and a budget as well as an implementation plan.
Having experience and Continue reading...

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[Enter Date]

Introduction

The trading game is one of the things that sustains and enhances the gap between rich and poor within the international trading system that guides strong, well organize countries in comparison to more than poor ones. While, the Chicago board options exchange is the exchange market utilized for trading standardized options contracts, which include stock options, leaps, interest rate options, foreign currency options and index options . Several CBOE options are traded in the open protest system in which exchanging members perform as market makers where the Chicago board options exchange calls Continue reading...