Macroeconomics Essay Topics

Expectations is a critical topic on macroeconomics and defines the pivotal elements of every market economy and controlling all the economic transactions and decisions. The activities within an economy are usually defined by the expectations of the people.

In normal situations, when the supply of goods like oil falls, its price rises pushing for higher production by producers while consumers conserve on its use to get substitutes and get prepared for more. The price controls are significant in controlling the expectations and eliminating the poorly executed economic plans or activities. The government intervenes in the economic expectations or plans ...

Organizational Design

Contrary to typical assumptions that will associate the concept of organization design with that of structuring organizational charts and the likes, organization design has a more comprehensive and practical designation than it really sounds. There is a holistic way of looking at organization design –it is the modeling and alignment of all the involved elements of an organization with the intention of achieving an agreed upon objective. Organizational design is a forthright organizational process with a pertinence so outspoken, that it should literally be addressed in every status meeting of every department on that organization. Organization design is carried ...

[Student ID number and intake number] of the

POSTGRADUATE DIPLOMA IN BUSINESS ENTERPRISE

Southern Institute of Technology 2016

List of Tables 3

Section 1. Introduction 4 1.1 Purpose of the proposal 4 1.2 Research Aim 4 1.3 Research Questions and Objectives 4 1.4 Research hypothesis 5 1.5 Background and overview of business 5

Section 2. Literature Review 6

2.1 Introduction 6 2.2 Micro and Macro-Economic Indicators and Business Confidence 6 2.3 Recent Trends, Strategies and the Market Potential 7 2.4 Consumer Preferences 8 2.5 Conclusion 9

Section 3: Methodology 9

3.1 Introduction 9 3.2 Secondary Research Method – Literature Review 9 3.3 Case Study 10 3.3.1. Research Design 10 3.2.2. The Sample 11 3.2.3. The Process 11 3.5 ...

Macroeconomic and Account Balances

India is seen to react rapidly to volatility in the global economic environment as concurred in the modifications of the macroeconomic policies when the North Atlantic financial crisis occurred (Kapur and Mohan, 2014, p.1). However, India’s policy changes is perceived by Kapur and Mohan (2014, p.1) to be temporarily stimulating to the local economy since the expected growth will gradually slowdown. But the additional effect is that inflationary and BoP pressures remain constant, which can either by improved or worsened by the domestic policy bottlenecks (Kapur and Mohan, 2014, p.1). This was seen during the financial market volatility ...

Now the most advanced integration Union is the European Union, the main forerunner of which European economic community was created in 1957 by the Task that stands today in the EU during the agenda - formation and strengthening of economic, monetary and political Union of member countries. Integration in the EU affects almost all aspects of relations between member States of the European Union - politics, Economics, social and cultural sphere. The relevance of the study due to the importance and special role of tax harmonization in the framework of deepening European economic integration, the development of the unified ...

Overview

Amazon.com came into existence in 1995 as an online retailer of books taking advantage of the exponential growth of the Internet (Govindarajan and Warren 2016). The meteoric rise of the Internet as a major business tool and a platform for many daily activities drove the company to start selling and later publishing e-books itself. The development of the Kindle e-reader and its debut in 2007 made the company the leading seller of e-books. Today, it has widened its product offerings beyond books and it is the largest online retailer of consumer electronics, household goods, the Internet and media. In ...

The term "demand" in economics means payment need, i.e. need that the subject is able to pay. From this definition it follows that the demand for a particular commodity (service) depends on the price. This means that the increase in commodity prices will lead to a decrease in demand, and, conversely, a decrease in prices will lead to higher demand. The relationship between price and quantity demanded is stable. (Agarwal, 2013) The cause of the change in demand is change. This reverse causal relationship between price and quantity demanded is the law of demand. The law of demand manifests ...

Question one: What happens when current k increases in closed economy?

In the circular nature of ubiquitous flow of goods and services, via the money market in a closed system, household consumption activities are at the heart of activities. Even when government plays a role in public goods, taxes, and borrowing one simple model of a closed system reflects the domestic economy as consisting of “the product market and money market” (“Macroeconomics Policies in an Open Economy,” 2017). This is illustrated below in ‘The Circular Flow’ [Note: Reprinted from the aforementioned source, 3.A General Model of the Closed Economy]. However, since the real interest rate in a closed economy would ...

Question 1:

The five core competencies that are discussed and broadly tackled in the MBA program are as follows: Competency 3006.1.5: Legal and Regulatory Requirements Competency 3020.1.4: Motivational Concepts in Human Resources 3012.1.4: Microeconomic and Macroeconomic Principles 3013.1.4: Marketing Strategy 3014.1.1: Financial Analysis The graduate in these core competencies of the MBA program is taken through the rules and regulations as well as the legal procedures that they should be privy to, so as to analyzes applicable legal and regulatory requirements of their organizations and assist them to determine whether organizations meet legal responsibilities or not. The graduate in this competency ...

References 6

The Relationship between Interest Rates and Exchange Rates in Australia 1.0 Introduction In macroeconomics, large scale market-wide factors are considered. Commonly, macroeconomic factors are considered in order to support decision-making, particularly for firms seeking to perform international business (Goodwin, Nelson, Harris, Torras & Roach, 2013). Two of the most important rates influencing decisions of international finance are the interest rate and the exchange rate (Terra, 2015). The interest rate is the percent cost to rent money, and the exchange rate is the value of one form of currency against another. Firms examining options with regard to how to invest money ...

If I were not studying macroeconomics, my time and energy would be devoted to exploring the role of new technologies in business. Technology has changed the way business was traditionally conducted through processes that simplify operations of major economic institutions such as banks and the governments (Davenport 2013). For instance, through technology, there has emerged a new frontier in marketing involving the use of social media. The new practice allows for a free platform to showcase one’s products and even collect customer reviews via the same platform. Broadly, I would endeavour to understand how institutions are using the ...

Analysis of Tesla Motors

Analysis of Tesla Motors

Introduction

Organizations must use any strategy that will enable the organization to stay competitive and to also learn about any processes within the organization that could be changed in order to increase proficiency and efficiency. One such process is a critical analysis of the microeconomic and macroeconomic environment as well as any challenges that the organization may be encountering. This essay will perform an analysis of Tesla Motors to include the history of the organization, organizational regulations, factor markets, global pressures and foreign competition, cost structure, economies of scales; a critical analysis, practices of economic theory ...

Intel Corporation Financial Statements

Intel Corporation is an American-based company that designs and manufactures digital technology platforms. The digital platforms are used in servers, computers, smartphones, tablets, among other products ("INTC Profile | Intel Corporation Stock - Yahoo Finance", 2016). Other products include microprocessors, security solutions, connectivity and communication products, among other products and services. It major segments are the Client Computing Group, Software and Services, Data Centre, Internet of Things Group, among other segments ("INTC Profile | Intel Corporation Stock - Yahoo Finance", 2016). This paper uses the income statement and the balance sheet of Intel Corporation as at December 26th, 2015 to prepare ...

Analysis of Strategic Options and Recommended Action

This report will analyze the strategic positioning of Comcast Corporation, an American based multinational company that offers television, cable TV and Internet services to its consumers, and come up with the best way of making the company as competitive and productive as possible. This paper will focus on the company’s internet service provision branch and analyze how well the company can do in the US market as well as on the global scale when compared to its rivals. The macroeconomic and microeconomic aspects of the company’s operation will be taken into consideration during this process of analysis.

...

Problem Statement

There are a number of reasons, defined by the ethical as well as the economic and the political scenes, for the non-diminishing interest in addressing the gap between the rich and the poor. "The rich get richer and the poor get poorer" is an aphorism, which outlines the major views on economic inequality and the criticism, seen in academic and business literature, towards the philosophy of free market and capitalism in general. One of the principal works, laying the foundation for the discussion, is the work by Thomas Piketty, Capital in the Twenty-First Century (2014), who places the idea ...

The AD/AS model is a simple but important way to explain challenging governmental decisions. The visual nature that the model presents, advanced by the dynamic ways it applies macroeconomics allows authorities to make general predictions regarding economic events. Picking a budgeted occurrence to study its effect on the tenets of the national economy helps the lawmakers to set necessary policies that ensure optimization of resources. For instance, parliamentarians apply the AD/AS model when deciding whether to add tax levels on a particular item or to reduce it. The effect that such a policy would have on the demand for ...

The main goal of the state at all stages of its development is the stabilization of the economy. At the present time, the state actively uses the tools of intervention in the economy. The main 2 types of state intervention in the market economy include fiscal and monetary policies. Fiscal policy has been a key policy tool in addressing the aggregate demand consequences of the financial crisis in the United States. (Follette & Lutz, 2010)

Objectives of fiscal policy as any stabilization (countercyclical) policies aimed at smoothing cyclical fluctuations in the economy are to ensure:

Stable economic growth; Full employment (primarily a solution to the problem of cyclical unemployment); Stable price level (problem of inflation). (Strauch & Hagen, 2000) Fiscal policy ...

Calculations

Portfolio Return = (2%*23.6%) + (65.5%*1.7%) + (10%*23.3%) + (10.3%*2.5%) + (8%*33.1%) + (4.2%*-1.0%) = 6.77558000% Portfolio Risk () = 14.2% Based on the calculations, investing in a portfolio comprising of stocks from Disney, Citigroup, General Electric, Morgan Stanley, Home Depot and Ford would attract a return of 6.78% and risk of 14.2%. Evidently, the individual stocks comprise of highly risky assets (Morgan Stanley, and Citigroup) and the other assets are have relatively low risk. Evidently, investors would gain from such a portfolio although the risk is very high. The combination of assets in to a portfolio helps to diversify the risks ...

Introduction

The Petrochemical industry in the ministry of energy has been focusing on the oil prices change and how it influences the economy. The oil demand comes from the petrochemical industry whereby energy generation helps in manufacturing and production industries. These industries help in economic transformation through improving country’s GDP. As the source of energy, oil in the petrochemical industry has been influenced by inflation and unemployment, interest rates and exchange rate. These factors influence the government spending, hence affecting the importation of oil from the producing countries such as Saudi Arabia. The oil prices as a result of ...

CONCLUSION

5. Conclusion The research was conducted complying with a predefined set of tools, techniques, and methods. It was accomplished without exceeding the limit of time and other resource allocated for this purpose. This chapter sets out to throw light as to what degree the study has succeeded in meeting research objectives and how it can be applied to managerial level. It is followed by detailed identifications of future prospects of research based on the current study. Finally, the researcher draws attention to some of the drawbacks of the research project along with an assessment of their impact on overall ...

Literature Review

Hafiz program was constituted for the wellbeing of unemployed in support during the job seeking period. The integral approach provides mechanism and platform in developing appropriate strategies required to assess the program and how unemployed benefits from the system. The beneficiaries of the Hafiz program are evaluated by social, behavioral and cultural perspectives to determine their living standards and the needs. The Hafiz program considers interpersonal dimensions recognition that consists social life covering family and how they influence behavioral changes. Therefore, the main focus is an observation of traditional macroeconomic in the determination of the family structure, their influence ...

Relationship between inflation and interest rates

Introduction Predominantly, most economic agents base their decisions on the current and expected changes in the economic conditions. Variations in interest rates have been used as a major variable by most researchers and policy analysts. Additionally, the behavior of interest rates in the economy has been studied since the interest rate is a significant macroeconomic factor to help in the understanding of how it is related to other macroeconomic variables and its impact on the economy. Primarily, interest rates entail the percentage of the loan that lending institutions charge as interest to borrowers, and it is mostly expressed as ...

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 ...

A: Profile of CCP Leader

Li Keqiang assumed the position of Premier of the State Council of China during the 18th Congress of the Communist Party (CCP) in 2012. He is expected to feature prominently in the 19th CCP, scheduled for 2017. Many reports indicate that Xi Jinping has consolidated his power over the CCP Politburo and will hold on to power for two more terms totaling 15 years at the top. Due to this, it is apparent that Li Keqiang could either work as the Chinese Premier for a long time to come or he might become the focus of a major power ...

Literature Review

It is found that oil prices have undergone critical decline over past couple of years for several reasons at the bottom of this decline. However, reducing demand triggered by increased production of oil in USA, over production by OPEC, and shift towards renewable sources of energy is considered the most fundamental reason behind current downtrend of oil prices. It conforms to the simple theory of demand and supply according to which demand and price are in positive, while price and supply are in negative relationship with each other (Stafford, 2015; Scott, 2015; Goldenberg, 2016; Arnold, 2008; Hensher, Rose, & Greene, ...

Introduction

Brazil is one of the fascinating developing economies, which economic and social progress over the period of 2003-2014 lifted over 29 million people from extreme poverty. Based on the World Bank (2015) statistics, the inequality rate in the country fell by 11% with the income level of the poorest 40% of the population rose by as much as 7.1% over the same period. At the same time, global financial crisis and political instability in the country over the past few years have had its negative impact on the economy as a whole, reflecting stagnation in inequality reduction and deterioration ...

The journey towards the European Union (EU) integration has experienced several turnings. This section of the essay will detail some of the core turning points in the EU integration. Establishment of a Common Agricultural Policy (CAP) was a major turning point in EU integration. The Treaty of Rome defined the specific objectives of the CAP. The CAP was introduced in 1962 (Folmern.p). The establishment of the CAP was enshrined to the state of food shortages after World War II. The aim of the CAP was to build a common European Community market and to cut off tariffs on agricultural ...

Report for McDonalds

Italy and Russia

Figure 1: GDP per Capita at Constant Prices Figure 2: GDP Growth (Annual %) Figure 3: Inflation Rate CPI Figure 4: Unemployment Rates Figure 5: Policy Interest Rate (%) Figure 6: Russia Interest Rate (%) Figure 7: Current Account Balance in Italy (% of GDP) Figure 8: Current Account Balance in Russia (% of GDP) Figure 9: Russia Interest Rate

List of Tables

BUSINESS OVERVIEW McDonald’s Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries across 36,538 outlets. Founded in 1955 by Ray Kroc in Des Plaines, Illinois, 80% of the ...

Article review

Article review

Introduction

Government interference play huge role in the economic processes: by conducting monetary or fiscal policy, policymakers are able to stimulate the economy during the periods of downturn and moderate too fast growth during the periods of economic boom: both these cases have devastating consequences for the general growth and development. Particularly, central banks, that make decisions regarding the monetary policy, are most important players. By using different tools, such as interest rates, open market operations, required reserves etc., central banks might influence on aggregate supply and aggregate demand, thus shifting equilibrium to the desired level (in other ...

Introduction

Challenges faced in terms of demography, provide Canada rationale to rely heavily on immigrants. The proportion of aging people in the total population of Canada is to increase, which coupled with the impact of shrinking population, is at the bottom of the gap between demand and supply of labor at the local level (Brown and Foot, 2015). However, immigration under the strong impact of growing trends of globalization comes in as an appropriate solution to this issue and ensures its contribution to the Canadian economy into various dimensions.

A Solution to Demographic Challenges

As discussed above, Canada is faced with severing demographic challenges threatening ...

Inflation entails the persistent rise in the general prices of goods and services in a country. This phenomenon has various consequences that touch on individuals and the economy as a whole. Inflation results in reduced real incomes. Rising inflation levels in an economy tend to reduce individuals’ incomes as well as the real GDP of the economy as people spend more on few commodities due increased prices. The cost of obtaining loans and mortgages increases during high inflation regime as people strive to finance increased living costs (Mankiw 53). The demand for loans increases during inflation, resulting in high ...

Healthcare Economics is a subset of economics that focuses on how societies produce, distribute, and consume health and healthcare. Since its inception, healthcare economics has been concerned with the efficiency and effectiveness at which individuals and governments value health and health-related products. The discipline acknowledges the numerous stakeholders in healthcare, among them patients, their families, physicians, nursing staff, governments, and educational institutions (Kotsopoulos and Connolly, 2014). This discussion compares macro-and microeconomic healthcare conditions concerning their impacts on patients from a nursing perspective. On one hand, microeconomics emphasizes on the individual and communal economic activities. Conditions under this branch fall ...

The Finance Department of firms provides correct and appropriate sources of equity capital for any new venture or start-up business to begin their operations. Any entrepreneur interested in new venture stocks up the equity capital provided by the finance department of strong firms or individuals and begins the operations. Equity capital is defined as capital cash that is free of debt provided by the business or investor to start the operation of any company. Equity capital investment done by the firms is in the form of issuing shares of the company to the firm who invested in it. Firms ...

Impact of dollarization in Ecuador, El Salvador, Panama, and Argentina

Introduction In the middle of the 90’s, different countries faced the financial crises. Some of these crises were severe and of vital importance. These crises majorly include “Tequila crisis”, East Asian crisis, the Brazilian crisis and the Mexican crisis and these hit the whole world leaving a devastating impact on the emerging markets of the world. These crises not only had an adverse effects on the related countries by which these are associated, but they also had affected the growing economy of the other countries. The emerging economies have suffered a serious setback as a result of the ...

Financial recess is never a novel term. Depressions have always hit the financial system of the world, and the latest recess America is most likely not the final one. Nonetheless, many issues worked together to make the recent U.S crisis the worst financial recession since the global downturn. These factors include failures of market, weaknesses in the execution of policy, as well as macroeconomic problems. The primary concept, which had controlled economic thinking for many years, was that markets functioned. The appropriate prices often get a buyer as well as a seller. Besides, millions of sellers, as well as ...

Inflation in the United States

Inflation can be defined as that general rate where the pricing levels for both commodities and services rises consequently causing the country’s purchasing power to fall drastically. It is at this point that the duty of central banks comes in as they try limiting the occurrence of inflation for purposes of keeping the economy going smoothly. In fact, this phenomenon can be traced as early as the coming to an end of the Second World War, which essentially marked the commencement of a golden age for the American economy. Basically, the time was marked by a surging productivity, ...

Introduction

The world of trade and commerce has changed a lot in relation to labour and employee interaction with firms since the 1700s when the concept of work became more advanced. The purpose of this essay is to analyse the concept of employee relations and how it has evolved over the years. In order to attain this end, the following objectives will be explored: A critical evaluation of the concept and theory of employee relations in various forms of organisations – large, indigenous, multinational, private and public entities; An assessment of the concept of employee relations as it evolved in the ...

Abstract

Do the imbalances in current accounts still matter in today’s deep global financial markets that exhibit two-way gross economic flows that dwarf the new outcomes provided by current accounts? Contrasting the adult perception of the world and complete markets, extreme current account imbalances indicate severe financial and macroeconomic stresses, particularly as was the case in the mid-2000s. The increasingly massive valuation differences in nations’ net global investment standards and positions, as well as risk allocations, cannot be relied upon to offset the variations in regional wealth systematically as implied in the current accounts. The same conditions that warrant ...

1. Bretton Woods institutions are the International Monetary Fund and the World Bank, which is leading the international monetary and financial institutions, the most important element of the modern institutional structure of international monetary relations (Claude, Sharp and Egger, 2016). They got their name from the American town of Bretton Woods, where in 1944 an international monetary and financial conference at which it was decided on the establishment of these two institutions. The International Monetary Fund is an international monetary organization whose purpose is to promote international trade and monetary cooperation by establishing norms regulating exchange rates and monitor ...

Market Structure

In simple terms, market structure refers to the classification of the various types of markets, based on their unique features on how they allocate prices of a given product in the market. The aspect is primarily classified into two, which include perfect and imperfect market.

Oligopoly

Refers to a type of market structure where there are few sellers in a given economy with many buyers for the commodity. With oligopoly, the sellers have an influence on the commodity price in the market and can significantly affect competition. An example of a company to indicate the above case is the mobile ...

Macroeconomic policies can significantly affect our lives, both positive and negatively. In this paper, we will refer to a few basic concepts such as the circle flow of income and expenditures and economic growth and see how they are affected by macroeconomic policies. Acemoglu, Laibson, & List (2016, p. 123) explain there is a circular flow connecting households and firms. Families demand goods and services, as they supply capital and labor; on the other hand, companies demand capital and labor, while supplying products and services; As supply and demand match, a flow of income and expenditure is established between the ...

Introduction

The Canadian labor market is abundant with skilled and qualified workers, and hence, the country’s labor market is becoming increasingly competitive. In this context, it is necessary for the government to ensure that all these candidates are employed and getting paid fairly. However, it is identified that Canada’s unemployment rate soared high during the recent recession and it has not yet recovered completely. Since Canada is a well-developed country, it is particularly important for the Canadian federal government to analyze the short-term as well as long-term costs of high unemployment rate to the country’s economy. This ...

Introduction

Business growth requires the adoption of various corporate levels strategies such as diversification into new markets. With that, it is necessary to identify the most suitable market regarding market demand and policies. That is because the country’s productivity determines the living standards, hence, the demand while policies determine ease of doing business and the productivity level. In that view, this report presents a recommendation and analysis of the most suitable country for Apple to expand to for its iPhone brand. To achieve the objective, the report presents a summary of the country of choice followed by an overview ...

Introduction

A global supply chain is composed of processes, interrelated entities, and resources that make and deliver products and services to customers across many countries (Drake, 2012). Due to globalization and increase in international trade, companies are operating and sourcing products and services in many countries. There has been a rise in multinational companies with plants or stores in different countries. This underscores the need for global supply chains to enhance the operations of these companies. Some companies use global supply chains to source for products.

Benefits of global supply chains

Global supply chains enable a company to compete all over the world. A company ...

Article Review

The US economy is well known for the wide range of detailed data that is available through various organizations like the Fed, the Bureau of Labor Statistics, the Bureau of Economic Affairs and many others. The world’s largest economy has a high reputation on the quality and reliability of the data that it provides. Though the data provided by the government organizations have a high degree of accuracy the data is not a real time one. This is because the organizations need updated statistics on the various macroeconomic variables. For this reason there is a time lag in ...

Investment Report

Background In this section, a brief overview of my personal experience in this field of investment and the personal risk tolerance that comes up together with the objectives and the goals will be touched a little bit. No one can dispute my experience because I was able to manage a good portfolio successfully in the Saudi market regarding investments in stock and this has empowered me skillfully (Dunning, John H 30). The abilities gained and all the tricks learned shall be applied by me in the successful investment in the stock market field. The major aim of all these ...

Situation Analysis

Company Trip advisor is a US Based Company the offers guide and review services to travelers seeking information on various travel destinations. The advice and reviews are on a wide range of services including flights, hotels, resorts and travel packages among others. The business’ key operations are online based and entail an interactive platform (TripAdvisor, 2016a).

Goals

The major goals of the Company are to offer trusted service as well as a variety of choices for travelers across the globe (TripAdvisor, 2016c).

Resources

The key resources of the Trip advisor are its online platform and skilled personnel that determine its ability ...

Background

The external economic environment in which a business operates has a great impact on its performance. The economic environment consists of several external factors in a business market. In a similar connection, the broader economy can also influence a business. Economic environment can be divided into the microeconomic environment and macroeconomic environment. As far as microeconomic environment is concerned, it affects business decision making such as individual activities of firms and consumers. On the other hand, macroeconomic environment affects the whole economy and all of its stakeholders. Many economic factors have external limitations on the business and organizations always ...

Business Exam

Unlike business organizations, profit is not the main purpose of the non-profit organization. Non-profit organizations have the right to engage in entrepreneurial activity and they can make a profit, but this can be only a minor activity and it only serves to achieve the objectives for which this organization was created. Non-profit organizations may be created in order to achieve social, charitable, cultural, educational, scientific and management purposes, and for other purposes, aimed at achieving the public good. A non-profit organization can be created as a public organization, a fund, an autonomous non-profit organization, non-profit partnership, institution, association. The ...

Price: 438.31 GBP Date: 4 May 2016

Company profile: Aviva Plc provides insurance, savings, and investment products to over 31 million customers around the world (Aviva, 2016). Aviva is a composite insurance that combines life insurance, general insurance, and asset management (Aviva, 2016). Aviva operates worldwide with its headquarters in London United Kingdom (Yahoo! Finance, 2016).

One-year Price chart:

Figure 1: One-Year Aviva Price Chart

Source: Bloomberg

Price performance: Valuation (by DDM and by comparables):

Analysts’ recommendation:

Introduction 3 Price performance and news analysis 3 News 4 Valuation 5 Multi-stage DDM 5 SML analysis 6 Discussion of pros and cons of the methods used for the above valuation 7 Conclusion 10

Appendix 13

Exhbit1: ...

Introduction

Myer is Australia's largest departmental store with more than 60 outlets and an online shop, where customers can order products from the comfort of their homes. The company employs 125,000 people and makes use of 1200 suppliers worldwide. Myer is embedded in the culture of Australia, as it has operated for more than 100 years in most cities. The company has a broad range of products; eleven in total, ranging from men wear to apparel and electrical goods. On the opposite, Myer has had mixed fortunes in the last five years. The company peaked in 2013, with revenues ...

Openness and free trade are one of the vital economic practices because nations can import and export products and services without the government restrictions. These limitations include tariffs, restrictions, and bans associated with exports and imports. In developing countries there stand to befit a lot from the free trade because of their low levels in the standard of living and availability of resources. Developing nations have room for expansion in their economies through agreements involving strategic free trades. These are some of the benefits of free trade. Improved living standards: as a result of free trade, the citizens of ...

Introduction

Restaurant industry involves high-risk business operations. Almost everywhere around the world, restaurants face a high level of local and global competition. It is difficult to establish a restaurant business that differs distinctly from its competitors. According to several research studies, about 60% restaurant businesses shut down within the first year of operation. The restaurant industry has the second-lowest rate of success only behind technology startups. There are many problems and issues faced by restaurant operations. Often ignoring these problems aggravates the situation leading to the closedown of the restaurant business. Five most common problems faced by restaurateurs are an ...

Abstract

In most economies, the resources are scarce and limited which calls for proper planning and allocation of the limited resources. Economic operations of a particular region are represented in the circular flow of income, whereby various sectors of the economy are represented. In the flow, all the players have their specific roles to enhance the optimization of the resources available. As enterprises and firms are going global, there are benefits and costs associated with the move, which calls for planners and economists in the enterprises undertaking the move to analyze the world market consciously. In this article, various economics ...

Identify two microeconomics and two macroeconomics principles or concepts from the simulation/ video. Explain why you have categorized these selected principles or concepts as microeconomics or macroeconomics. The main concepts displayed in the video are the law of supply and law of demand. These concepts are common to microeconomics and macroeconomics. Law of supply is a positive relationship between quantity of goods and services and its price. When price of a good rises, the quantity supplied of the good increases accordingly. With much higher price producers are willing to supply more goods and services. Law of demand depicts negative ...

Abstract

Regression analysis is the statistical technique commonly used in econometric modeling and carrying out economic forecasts. This study sought to assess the precision multiple linear regression in evaluating the evolution in real GDP per capita in the USA between 1998 and 2011 using expenditure approach. Three macroeconomic variables were used; Gross domestic product, net investment and final consumption. Net investment and final consumption are model regressors predicting GDP. The researcher used MS Excel to carry out all the statistical analysis on the data. The analysis result shows weak linear development GDP increment. Small fluctuations were observed around the fitted ...

Introduction

The hydrographic printing technology was developed in 1988. The investigator Motoyasu Nakanishi of company Kabushiki Kaisha Cubic Engineering registered the first patent for the hydrographic printing technology on 26 July 1992. The principle is almost the same of the current hydrographic printing technologies where a transcription film is inserted in a painting apparatus with water. The machine transfers the painting film to the surface. There are many applications in the hydrographic painting in the automotive industry, interior design and industrial applications. The needs of customization and personalization are the force that gives the energy to this industry and the ...

Introduction

Modern global economic system is a considerably distinct from the dogmatic frameworks of political economy (Mankiw, 2014). Professor Blanchard contests that extreme increase in production and substantial automation of the business processes have seriously changed the global economic landscape (2011). In order to stay competitive the companies have to develop and implement new business solutions, as well as they have to stay socially and environmentally responsible (Goldin, 2014). In addition, Gartner wrote that there is an increasingly important need to stay in line with the perpetually evolving customers’ preferences (2006), and the smallest disharmony with their predilections may result ...

The Determinants of Bank Performance in Kuwait

Abstract The aim of this paper is to determine the measures of banking sector profitability of Kuwait and then see the impact of internal and external determinants on the performance of the banking sector of Kuwait. Several variables are used to measure the performance of banking sector in this study, the impact microeconomic and macroeconomic determinants will be analyzed with relation to Return on Assets (ROA) and Return on Equity (ROE). However, answering the research questions will help in the selection of independent variables. It has been planned qualitative, and quantitative both research analysis techniques will be deployed for ...

Part one solution

Ford Motor Company is an American multinational company that manufactures and sells automobiles, and recently it indulged in the production of motorcycle engines. A general environment refers to the elements existing within the society which impacts organizations and firms that operate within a given industrial segment. These elements cannot be directly curbed by the management of a company. Global segments, technological, sociocultural, legal, political, and demographic segments make up the general environment. The demographic part represents the population characteristics of a given geographical area, province, as well as a nation in the world. Also, the segment is inclusive of ...