Essays on Euro

An essay exploring the effect of the macroeconomic environment in Italy and Russia as it relates to Proctor and Gamble’s international economic activity. Procter and Gamble [P&G] is the world’s top producer of household products. P&G manufactures a wide range of products from toilet paper and sanitary products to food and cleaners. It can be said that the company produces everything a consumer could need to stock their homes comfortably. June 2014, P&G reported over eighty-three million dollars in revenues during that fiscal year (MarketLine, 2015). P&G’s headquarters are located in Cincinnati, Ohio but the massive ...

Application Assignment

Introduction

Still, everything is hardly so nice, because the task for this essay exactly is to ponder over you run your own tourism company. Its narrow specialization is to provide the visitors with apartments and other dwelling spaces. The right to be place where I would like to settle my small organization goes to Montenegro (or Crna Gora as is said among the people who reside within this locality). You may have asked yourself why I wanted to choose this certain one. So, the answer is more than just clear. This is because this small territory on the place ...

The European Union is one of the most successful regional integration bodies in the world. The European Union, formed in 1993, draws its roles from past organizations formed after the Second World War to ensure peace existed in Europe. Since itss formation, the EU has experienced increased membership, as there are now twenty six countries involved in the organization. The establishment of the EU has allowed the creation of a free market around Europe; therefore allowing economic development among member states. Other than economic integration, the EU has also promoted peace among its member states. By discussing the events ...

One of the most significant issues in the U.S. today is the systemic policies that have led to the U.S. having the largest prison population in the world. A disproportionate number of socioeconomically marginalized citizens are incarcerated and subjected to discriminatory practices by law enforcement and the justice department. The consequences are wide-reaching and inseparable, cutting across political, social, and cultural lines. In order to identify the roots of these interconnected phenomena, one needs to both understand the historical struggle of marginalized groups in the U.S. as well as follow the money. Socioeconomic discrimination, voter suppression, for-profit policing practices, ...

The European Union

Introduction The EU is an economic and political body comprising of twenty-eight countries mainly in Europe. The EU focuses various issues ranging from economic mobility, stability, transparency, and negotiates as a single entity in the world using a regional policy. This paper focuses on the regional policy of the EU and the smart Specialization, an aspect of the regional policy. There is no doubt that the OECD is one of the most significant organization in the EU. One of the notable roles of the OECD is to carry out research and coordinate activities for the thirty-four member states of ...

Introduction

Cryptosporidium is a protozoan parasite that affects animals and humans gastrointestinal tract. The parasite is shed in the form of “oocyst” and can be seen in feces. The oocyst has a hard shell, and it is not easy protecting it from the environment. The infections may cause abdominal cramps and watery diarrhea or symptomatic in nature. The organism can be transmitted through the focal-oral mechanism. Outbreaks are often connected to waterborne and person-to-person modes. There is also evidence of animal and foodborne to person method (Barzon et al., 2012). There are numerous reports across the globe about Cryptosporidium outbreaks, ...

Introduction

Portugal became a member of the European Union in 1986 which opened up new opportunities and the economy saw a phase that was completely different from that of the previous 10 years. Money then started pouring in Portugal Economy from EU. Portugal gained membership of Eurozone in 2002. The financial crisis in Portugal then again started in 2007 and after financial crisis of 2007-2008, in 2008-2009 it became clear that two most powerful Portugal banks (Banco Português de Negócios (BPN) and Banco Privado Português (BPP) had been facing the losses for years as many accounting frauds ...

ANALYSIS OF DIFFERENT EXCHANGE RATE REGIMES WITH EFFECTS ON INTERNATIONAL TRADE

References 13 Analysis of Different Exchange Rate Regimes with effects on International trade Exchange Rate Regime or System It is an economic and financial system in which one country manages its exchange or foreign currency rate against other currencies as well as measurable standards such as gold and silver etc. it is imperative to remember that an exchange rate represents the price of any currency in terms of other foreign currencies. Varieties of Exchange Rate Regimes When different parties, investors and government authorities, trade or deal in Foreign Exchange (FOREX) market, it is quite imperative for all of them ...

It is known that Greece has constant problems that arise within its economic system, leading to social and political disruptions. In order to understand the core problems lying behind its crises we can use different statistical statements and sources, but one of the best options is the Balance of Payments. It characterizes the general development of foreign trade, the level of production, rate of employment and consumption. Its figures let us realize the ways the country uses to bring the foreign investments and the instruments it employs to cover its foreign debt. Overall, the BOP is the prior source ...

Question 1. Introduction and General Purpose of Each of Three Financial Statements

In present age, it is a common practice among different types of businesses to present three standard types of financial statements usually on annual basis. These statements include Income Statement, Balance Sheet, and Cash Flow Statement. Income statement is the simple analysis of an entity’s financial performance through a comparison of profit and loss. It shows how revenues and expenses of past result into current profit or loss, and (basing on it) suggests future roadmap (Warren, Reeve, and Duchac, 2008; Brown, and Gutterman, 2008; Keller, 2011). Unlike Income Statement, balance sheet refers to a company’s financial position ...

Abstract:

Forecasting is an important aspect in airline industry that enables airlines to manage airport operations effectively. The enhanced competition forces airlines to decrease the price and high load factors allow charging high fares. In managing all such factors forecasting plays immense role. Air cargo is the most energy intensive transportation mode and in order to keep the prices lower accurate forecasting is important. Predicting an exact level of activity for particular future time is challenging, accurate forecasting enables airports to develop their full potential therefore different demand forecasting techniques have been developed. Ti has been encountered that due to ...

Business Opportunity Analysis: Chocolate Import

Exchange rate Sales volume Import duty and related costs Initial Investment Depreciation Working capital requirements Discount rate Seasonal sales fluctuations III. Analysis of the business opportunity. IV. Alternative solution. V. Conclusion. VI. Exhibits.

Executive summary.

A business proposition to import and sell Belgian chocolates in the United States has been offered for analysis. The basic assumptions for this venue are an up-front lump-sum payment for exclusive right in the US for five years and the 35 percent discount on the buy-in price in Belgium. The existing market research shows a 1 500 kg of gourmet chocolates per month market capacity. Taking ...

“Dollar rally” has become probably the top news on foreign exchange markets, which can have serious consequences for the US economy (Graph 1, appendix). Stronger dollar is a kind of head wind for American exporters while import from other countries becomes more competitive. Strong currency can theoretically become a stimulus for the Federal Reserve System provoking increase of interest rates. Many companies all over the world borrowed US dollars for investments or development; therefore, dollar strengthening provokes their debts increase. In current situation Central Banks, foreign exchange traders and exporter all over the world keep a close eye on ...

Question 1

Negative population growth rate means that the death rate is higher than the birth rate of the European region. This scenario has many consequences both socially and economically. One of the consequences of this negative growth rate is a decline in the use of fuels. This especially relates to use of fossil fuels and other non-renewables. This is because the decline in the number of people means less usage in terms of heating requirements, fueling of vehicles and other areas that involve the use of fuel by human beings. Such countries will enjoy reduced demand for fuel. ...

Today, the economy of Europe is comprised of more than 733 million people in the 48 nations. The wealth of states in Europe varies like in other continents although the majority of the poorest are well up compared to the poorest states in other continents particularly in regards to living standards and GDP. Across Europe, the difference in wealth can be determined through a nominal GDP. For instance in 2010, Europe had a GDP of $19.890 trillion which was 30.1% of the world’s GDP. Germany has the largest national economy in Europe, which is ...

Business environment in Europe

The idea of a unified Europe has been in existed and constantly resurfaced since history. The economic and political stability within the region has been supported by the idea of a unified Europe. The main objective for the European Union has been to ensure peace among all the nations. The rules governing the business environment in Europe ensure that there a freedom of movement for capital, people, goods and services. However, these rules are not sufficient to create a free market business environment. Fee market can be achieved with a restructuring of policies governing the environment for doing business.

So far, the creation of a ...

Introduction

Every country in Europe has had intense debates over whether or not to adopt the Euro as a common currency. Adopting the Euro as a common currency in Europe has distinct advantages and disadvantages for member countries.

Advantages

With the US Dollar showing signs of weakness, nations across the globe would consider the option of switching to the Euro as the currency for international currency transactions (Kotabe and Halsen 73). The advent of globalization has made conventional currency frameworks such as adjustable pegs redundant. Increased cross-border capital inflows have made it increasingly difficult for countries to adjust their monetary policies. ...

ABSTRACT

The aim of this dissertation is mainly to analyzethe risk in the New York Stock Exchange using Statistical aspects and the computation of Value at Risk. The technique of Value at Risk or Value at Risk (VaR) is a methodology to standardize the calculation of the various risks that occur in a business e.g. banks, stock exchanges and corporations. The risk is defined as the probability of obtaining a result different than expected, the factors that will depend on the position of the entity, the risk factor under consideration and the time of calculation. Thus, the VaR seeks to establish quantitatively the ...

Survivors in the post-crisis world by Sarah Gordon offers a quick overview of the main events in the financial world that took place during 2012. As the article was published in December, 2012, the author is able to look back at almost the entire year and to guide the readers through the main events that 2012 will be remembered for.

The purpose of the article is two-fold. Firstly, it aims to give an overview of the 2012 events that left a mark in the economic and political history. The second goal pursued by the author is to promote the journal ...

The income statement revealed that the manufacturing subsidiary and Japanese distribution segment are representing loss annually. The company should shut down its Japanese distribution and continue its ongoing manufacturing subsidiary as it supply goods to other subsidiaries that are making high profits. The company has to continue its manufacturing subsidiary as the profitability of other three subsidiaries depends upon its production. The Japanese subsidiary is showing loss of 10,500 that could harm the position of the company in the market. The company must shut down the Japanese subsidiary as the amount of loss is too high and it ...

We live in tough times. For example, the State of Greece’s insolvent economic-bubble bursting may bemuse certain high-level German or IMF officials, but in reality the situation is no laughing matter. The unrelenting fact is, that negotiations matter. Whether parties plan to negotiate terms of future business, or getting out of a serious nationwide financial scrape or collapse, best practices in negotiations is a critical part of the world today. The task of this research paper must convey an adequate summary of the Greek current financial crisis in ...

Introduction

International bonds are issued in a country by a foreign entity. Therefore the bond is traded across national boundaries i.e. in different capital markets. Both government and company bonds can be traded in foreign markets. International bonds are classified as euro or foreign bonds International bonds have been inexistence since 1820 where railway companies and Britain government were the main operators. Recently international bonds have spread globally. They have been facilitated international capital flows. (Moorad , 2001)

This is bond issued and traded within the European market. The bonds are freely traded without any country imposing its regulations. They attract interest ...

Position paper

Issue of international finance in international political economy

IPE relates distinctive fields together such as universal financial aspects, global exchange, worldwide money, multinational companies and different fields. As there is as one blend between legislative issues, financial aspects, and fund there are dependable wrangles about which could prompt political clashes, which are because of the presence of an open economy, which made an unpredictable trade rates, furthermore on the other side part of the worldwide associations play in political economy choices. International Finance exhibits issues that have generally characterized in International Political Economy. The International Finance incorporates an ...

Introduction

The achievement gap in formal schooling between African American children and other groups is stark. This has proven consistent over time (Coleman, et al, 1966), across jurisdictions (Clotfelter, Ladd & Vigdor, 2009; Bailey & Dziko, 2008), and throughout the K-12 system (The National Center for Education Statistics, 2014). Improving these issues is an obvious direction forward. Yet, the obstacles are numerous and multifaceted (Sanacore, 2004). Relative to the public domain, the school system is often targeted for a lack of understanding in relation to educating young African Americans of low socio-economic status. The curriculum is long been criticized for being de-contextualized to ...

Good morning ladies and gentlemen, my name is ____________. I am delighted to have this opportunity to talk about the basics of international trade. We shall consider some scenarios of international trade like what happens when a country has a trade deficit, the effects on GDP and exchanges rates and a few other issues that affect our economy. This reliance on imported goods negatively affects the local markets. The markets of locally produced goods dwindle in the face of stiff competition form the imported goods. This eventually leads to low production of the local goods ...

The following case study corresponds to an analysis of the known facts going around the Swiss Franc and the effects it has from the point of view of investors, managers, employees, manufacturers and tourists. In order to show this breakdown, the next set of questions will be answered accordingly.

- Why is the Swiss Franc a “haven currency” according to many international investors?

For international investors, the Swiss Franc represents a “haven currency”, thanks to its ability to protect capital and revenues since it ...

Company Overview

The Harley Davidson, Inc is a manufacturer of motorcycles in heavy weight category. The parent company consists of Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS) . It offers a range of 30 models through a network of 1,600 dealers spread across six continents. It also provides retail and whole financing through its HDFS, primarily to dealer and customers. Recently, the company has reported an increase in its revenue to $5,311.71 million for the fiscal year ending Dec 2011. This is an increase of 9.31% over the previous year, which is 2010. Its operating profit has also increased to $ ...

Switzerland should not join the European Union, but rather should make improvements on bilateral agreements made with member countries as a means of doing business. If Switzerland joins the EU, it will lose their ability to use monetary policy to control domestic output and employment. This is because joining will peg the Swiss Franc to the Euro and therefore Switzerland cannot regulate the Franc independently, (Daniel 2010). Switzerland would also run the risk of acquiring a higher unemployment rate. Immigration is a sensitive issue in Switzerland and it would make it difficult for unemployed workers in the Euro Zone to move in ...

The first foreign bond issue is the Gazprom bond issue. It is an Eurobond; which was issued in the Russian Ruble currency. The issue date was 21st February 2011. The maturity date for this Gazprom bond is 12th February 2017. The coupon is 5.136% per annum (Williams 31). Price for the Gazprom bond is 1,000 Rubles. However, details on the yield for this bond are unavailable. The seniority for these bonds has been set above that of other bonds by this company. This applies to those bonds which are of a term less than the expiry date of 2014. ...

The Mexican peso in this case appreciates in relative to the US dollar, is of great benefit to the Mexican production industries. This is because the cost of exports will raise thus increase in profits for the Mexican industries. Mexican products too will be competitive in the international market as the production cost does not exceed the sale value of the product. US investment in Mexico will increase due to certainty of the value the peso and the higher inflation rate of Mexico than that of US. Foreign exchange risk is minimized as investors are able to eliminate all ...

Introduction

The economy is never steady and it never follows a predetermined course. There are various factors that influence the functioning of an economy and thereby force it to experience period of boom or recession. The various securities that are traded in these markets, whether government or private, also get influenced by these factors and experience fluctuations in their stock prices, in the case of shares, and in their yield, in the case of government bonds and securities. In most cases, it is easy to analyze and understand the cause behind the trend that emerge when one studies minutely the ups ...

1.0 Introduction `According to Barbone et al. (2009) all members States of the European Union are also members of the Economic and monetary Union (EMU). Barbone et al. (2009) further states that the member states coordinate their policy-making in support for the economic objectives of the European Union (EU). Nonetheless, there are some member states that have gone further to adopting a single currency (Euro) (Barbone et al., 2009). They are the member states that comprise of the Euro area. Euro, according to Bekaert (2010) is a single currency that has been adopted by 19 European states that make up ...

The Blade Runner Strategy

The method that I preferred was the Blade Runner Strategy. The reason that I prefer the strategy was because the treading signals are based on pure price action (Archer, 2007: McDonell, 2008). As such, they are entirely founded on the principles of financial economics. Also, the method is suitable in this case since off chart indicators do not play a major role in it. However, they can be used as an enhancement tool since this is a speculative affair. Therefore, this enables concentration on the on chart activities thus maximising the value of the decisions that are made. Moreover, the Blade ...

IS THE EUROPEAN UNION CONSIDERED A SUPER POWER

IS THE EUROPEAN UNION CONSIDERED A SUPER POWER

Introduction

Superpower status is considered by various states as a representation of their global influence and power. However, as a result of the international system ever-transforming dynamics, superpower status is not static rather dynamic, the reason they countries that consider themselves superpowers can be destroyed easily. For instance, the Soviet Union and the British Empire are examples of Superpowers that declined after enjoying decades as global leaders in clout and supremacy. The European Union is also considered a second superpower after the United States because of its unique attributes such as vast population, enormous commercial ...

The European Union can be considered today as one of the world’s most influential powers as it represents twenty-eight member states in major international and even regional affairs. Many member nations see the EU as the result of their desire to ensure European integration to keep peace in the region. Considering the membership of these European states to the regional organization, it is a question for member countries and non-member countries as to who is more influential or powerful: the EU or the member countries? For some experts, the member countries are more powerful than the EU because they ...

The Maastricht Treaty launched the European Monetary Union in the year 1992. The union comprised of two parts, which included the creation of euro the common currency and creation of the European Central Bank, which coordinates all monetary policies in the Eurozone. The treaty also created the rules for countries willing to join the union. The other element of the treaty was the national central banks of the 16 member countries. European Monetary Union creation has led to price stability and proper management of public finances (McKay Volz & Wolfinger 2011).The final phase of the single currency introduction ...

There is a high risk of investing in stocks compared to bonds this is because the return from bonds can come either from dividends which depends on the performance of a company such that if the a company reports negative profits it will translate to zero dividends. The second form of income in regards to stocks is capital gain from the sale of stocks which means that you can only sale stock when price go up in order to earn a capital gain the unfortunate bit is that this price of stock is determined by market forces of demand and supply which is ...

Introduction

Disneyland Paris was originally known as Euro Disney Resort, and later on turned to be Euro Disneyland. (Cateora, P.R., & Graham, J 2006, pp 34). It was a home to two theme parks as well as seven hotels, entertainment complex, dining and a shopping center. This company has opened its branches in several parts of the world. It is a common knowledge that for any business to succeed there must be a lot of reasons behind it.( Abhijeet S 2010,pp 77). Furthermore, it must have its strengths, weaknesses, opportunities and also its threats which are discussed below. In this paper, I have ...

1. How important is international trade to the U.S. economy? If the European euro were to increase in value (appreciate) in the foreign exchange market, would it be easier or harder for the French to sell their wine in the United States? Suppose you were planning a trip to Paris. How would appreciation of the euro change the dollar cost of your trip? .

International trade is important to United States’ economy. This is because just like any other country in the world, United States is deeply enmeshed in a global web of economic relationships that involves trading of goods and services. ...

The economic growth of France remains to be influential in the entire European economy as it is currently the second largest country in Europe in terms of economic development and fifth in the world. The country being a member of European Union, it has also been affected tremendously by the most recent Eurozone recession. However, the country remains the world’s greatest economy in terms of the Gross Domestic Productivity (GDP), with Paris maintaining the highest economic income obtained from tourism activities whereby the city receives the highest number of tourists from all over the world. The country also provides ...

The European Union did not begin, as many seem to think, as a diplomatic coalition of European states. Instead, the formation of the European Union was a practical financial decision, born from the changing face of the world after the end of the Cold War (Majone). The European Union is home to a wide variety of different people with different cultures; the purpose of the formation of the Union was not to homogenize the continent, but to form a coalition of independent states that worked together to counterbalance American economic and financial power, as well as the rising economic power of China (Dinan).

...

- When a country such as the United States is experiencing serve and prolonged recessionary trend discount rate, term auction, and open market facility can provide useful means of ensuring that the economy returns in the right course. Discount rate is the interest rate that the central bank charges commercial banks and other depository institutions when they receive money from the Federal Reserve Bank's lending facility. During periods of prolonged recessionary trend, the Federal Reserve System should reduce the discount rate in order to encourage commercial banks and other financial institutions to lower the interest rate they charge to ...

- Discuss and compare hedging transaction exposure using the forward contract versus money market instruments. When do alternative hedging approaches produce the same result?

International trade is a growth strategy that many firms have taken because of the many benefits a firm gets from it. However all business activities have inherent risks. Traction exposure is the term for the risk that companies doing international trade face. Investopedia (2012) defines this as the risk associated with the fluctuations in exchange rates which affect corporations that have entered into financial obligations thus leading to possible losses. Transaction exposure is well-defined and is often ...

FOREWARD

This reports aims at shedding light in the best strategy for Ahold to adopt in identify the best target company to take over its aims to expand its food retailing services. In this report the best comparison that will lead to aid in best decision making is by use of ratios since the business are reporting in different currencies and since the use of exchange rate would be biased due to volatility of the exchange rates overtime and thus such results would be quite unreliable and might lead to wrong decision making which would adversely affect the predator ...

According to the Treasury department report released on September 4, United States’ total outstanding Debt is USD 16 trillion, the highest in the U.S. history. A report by the census bureau revealed that with a population of 314 million citizens in the U.S, the share of the debt to every citizen is more or less USD 51,000 or USD 205,000 for a family of four members. This value is more than the Average U.S.’s income and more than the average U.S.’s net worth (Wilson, 2012).

The amount of debt owed by the United States has been steadily ...

In small economies such as Ireland, the traded sector is normally the leading sector for any economic development. In any bid to resurrect the economy from the depression which we have recently experienced, all reforms are aimed to surge the private sector so that the population can be able sustain itself.

The government of Ireland in their efforts to resurrect the economy has been working with the IMF and the EU in making the progress on the European policy reforms including the banking union which is very critical to the European and global confidence. The government negotiated with the ...

1) Describe how to formulate and test hypothesis about a population mean and/or a population.

A hypothesis essentially refers to the prediction of the expected outcome of a research process. When one intends to research a particular subject, event or outcome, he ought to state his expected outcome. There are two types of hypotheses; null and alternate hypotheses. The null hypothesis refers to what the researcher is trying to nullify, disapprove or reject. In testing the hypothesis, the researcher attempts to prove the hypothesis either wrong or right. In hypothesis testing, the researcher needs to first state both the null and alternate hypotheses. The researcher then needs develops an analysis plan which describes how to use ...

The National Atlantic Treaty Organization (NATO) was created when a treaty was signed in 1949 by all the Allies except for the Soviet Union after World War II. That means that approximately 65 years after WWII ended and thirteen years after the end of the Cold War NATO is still active. The NATO website states that there were three main reasons for creating NATO. One reason was to build an organization of countries that could rely on each other to work together against any threat from the Soviet Union. The second reason mentioned was to get a North American presence in ...

[Author Name(s), First M. Last, Omit Titles and Degrees] [Institutional Affiliation(s)] [Include any grant/funding information and a complete correspondence address.] This is a comparative analysis for Volvo S40. Volvo seems to have designed it to compete with the BMW 1series and Audi A3 but the being a saloon it is now competing with BMW 3 series and Audi A4, in the compact car sector. This paper compares Volvo S40 with Audi a4 and BMW 3.20 in terms of price, safety, and design.

Volvo S40

Volvo produced Volvo S40 between the years 1995 and 2012. There are two variants for ...

Abstract

This paper has identified articles in www.munKNEE.com by, Lorimer Wilson. It has analyzed the same and presented out the findings. First it presents the general economic principles associated with the article; this is followed by identification of the macroeconomic indices which are also examined into details. A discussion of the indices is followed by possible decisions or forecast that could done under each scenarios.

According to www.munKNEE.com by Loimer, some of the general economic that would relate to the article include but not limited to; a) The Phillips curve; the higher the rate of unemployment the higher is the ...

Should Greece be out of Euro Zone?

Yes, I believe that Greece will have to leave the Eurozone. The case of Greece is an extreme one where all the involved parties are at stake and in a possibility of danger, in one way or the other. The country as a whole is on the verge of bankruptcy. The deeply rooted systems of Greece have caused a state of urgency for not just Greece alone, but also the other members of the Eurozone. Since the presence of Greece in the Eurozone poses a threat for the entire Zone in terms of interest rate fluctuations and the complications for debts in the ...

In 2008, Ireland encountered a standout amongst the most sensational monetary emergencies of any economies around the world. It stays at the heart of the universal emergency, between the European and US economies. Nevertheless, Ireland was commended as a case of effective business sector drove globalization and monetary development. As such, by what method would the Irish crisis be classified? What does it inform about the reasons for the worldwide crisis? By what method would it be advisable to reexamine the comprehension of contemporary economies and the workings of financial progressivism in view of the Irish experience? The book, 'The Troubles ...

What are the Economic Benefits and Drawbacks of National Level Bailouts by International Organizations?

Identification of Problem The Greek Debt Crisis has recurrently been on the headlines of news reports for the past decade. In 2010, it can be remembered that the first set of austerity measures were introduced and implemented by the Greek Parliament in order for it to receive yet another bailout after the recent Great Financial Crisis of 2008 hammered the already recovering Greek economy down. Before the first set of austerity measures was implemented and the second bailout package was delivered, Eurozone and Euro Group officials were facing the risks of shouldering the potential losses of allowing an ...

Introduction

In this paper we will perform data analysis to show how basic tools of statistics and probability theory are applied to a real world problem. Our goal is to help a business manager to understand the statistical data collected and to provide meaningful explanation of the results. In this paper we use a concept of descriptive statistics (including measures of variation and measures of central tendency), consider probability distribution of the variables, calculate confidence interval for the population mean of some variables and apply a statistical test. In addition, we will use regression analysis technique to describe the association between dependent variable and ...

Abstract

Much as mobile payments are comfortable to carry out, there is the danger of money being stolen by cyber thieves. Criminals use plenty of malware tools like Heartbleed bug or Trojan viruses to gain access to sensitive information for further manipulation. SMS interceptors allow thieves to receive the authentication text messages sent by banks on a per-lo-in principle. As far the level of safety goes, Android platforms are second safest to Apple analogues based on a walled garden App Store and a closed operating system, yet not even this product can keep mobile users safe when their inquisitiveness and desire to download ...

Abstract

Many of the US companies are trying to enter international markets, outsource the manufacturing processes, and become international. Such activity needs certain knowledge from the company’s managers and all those colleagues that will participate in communications with the foreign partners. Spain has a very rich history and culture and therefore there are many aspects that US business people should learn before starting to work with Spanish partners, suppliers or customers. The economic situation, business etiquette and traditions in Spain are different from the US ones. This is mostly caused by the relaxed rhyme of life in this country and ...

Abstract

In this paper we will show how the basic tools of statistics and probability theory are applied to a real world problem. The purpose of the assignment is to predict the price of Bitcoin based on the gathered data. The research is based on a multiple regression analysis. There are several models are developed and the best is chosen as a result.

Introduction

In 2009, someone using the pen-name Satoshi Nakamoto published a paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System”. The goal of this new peer-to-peer(“P2P”) system was to help solve the problems of double spending and trust present in standard electronic ...

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 ...

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 ...

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 interaction between labor ...