Essays on Recession

Introduction.3

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

Legal analysis .6

Environmental analysis 6 Conclusion7 Recommendations7

References.7

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

The article "Despite Recession, High Demand for Skilled Labor" by Louis Uchitelle highlights the need for skilled labor despite the soaring unemployment rate. The unemployment rate has risen to 9.4 percent, the highest in 30 years (Uchitelle np). This increase is mainly due to a recession. Interestingly tough employers are looking for qualified workers even during the hard times according to the government's standard employment data. These jobs take years of experience to attain the required skills. For instance, it is tough to find an experienced person in welding. It takes a minimum of ten years to produce a ...

The ‘paradox of thrift,’ in essence, is the concept in which people inherently value being thrifty during economic recessions in order to not overspend, but this paradoxically leads to lower economic growth because people are spending less (Krugman, 2009). It is an important attribute to Keynesian economics, and it essentially calls into question the inherent virtue of saving as an overall good. When we have less money to spend, it is thought to be a good idea to avoid overspending and save money, since you need to save it for more important things. However, if enough people do that ...

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

Volatile Prices of Primary Goods Preventing Economic Development in LDCs

Background The primary goods refer to the products that are obtained directly from agricultural activities and are not subjected to the process of manufacturing. The most important primary products in an economy include those that are obtained from the sector, such as the fishing, agricultural, forestry, and mining industries. In terms of the least developed nations, which are mainly located in Africa, Asia, and the Latin America, the trade characteristics of their economies include the dependence on the developed, industrialized nations, and, significantly, the reliance on primary products. Accordingly, in international trade, the least developed nations’ exports are primary ...

A Review of the Literature

If asked to name the “national dish of Britain,” the average person is likely to say, “there is nothing more British than fish and chips,” but he or she might be wrong as it all depends on the criteria used to determine the national dish (Castelow, 2013). If popularity is the yardstick, then fish and chips would miss the mark, since each year in the UK it is outsold by hamburgers, fried chicken, pizza, and Indian and Chinese food (Alexander, 2009). And while this is true, fish and chips still play a vital role in the economic success of ...

Summary

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

Introduction

An organization is regarded as an entity that is made up of people with a collective objective and is connected to the external environment. Hence, a business organization is a group of people collaborating to achieve a commercial objective (Handy, 2005). Toyota Motor Corporation is a Japan based auto manufacturing company with its headquarters in Toyota, Aichi. The company was ranked as the 13th largest in the world in terms of their revenue. It was the largest automotive manufacturer in 2010 ahead of the Volkswagen group and the general motors in terms of their production. The Toyota motor company ...

(Tutor’s Name) (Assignment)

Introduction US has been the center of the global economy for the past several decades, and hence decisions taken by the U.S government can have significant impact on the rest of the world. In the same manner, the monetary policies formed by the Federal Reserve (FED) – the central bank of the United States –influence the economic policies of other countries worldwide. Therefore, central banks worldwide are closely monitoring the moves of the FED so as to make timely adjustments to their economic and monetary policies. The U.S economy was severely hit by the global financial ...

QUESTIONS

The Vodafone’s key performance indicators (KPI) table reflects that recession has made some impact on their performance during 2009 when compared to their prior performance report of 2007 and 2008. The economic downturn has affected Vodafone’s performance in the areas of service, data revenue, and operating profit. Both service and data revenue keep declining even though the number of mobile customers has increased by 42.1m. The lower growth in the usage and decrease of new customers from 39.5m to 33.6m could have reduced the service and data revenue by 0.3% and 25.9%. However, Operating profit has increased ...

Introduction

Conflict is an unavoidable aspect of life. If there were no discord, thing would be predictable. However, conflict is very widespread in different areas and organizations are no exceptions to it. Organizations are competitive entities which deal with humans as employees. While minor issues persist in any setting, realization dawns only when things get out of hand. There arises the need to manage such conflict effectively. An organization provides various opportunities for conflict. Since it cannot be wished away, there is a need to encounter it. The best method of doing so would be to find the underlying causes ...

Introduction

If any organisation were to succeed in achieving its objectives and targets, it is at the mercy of the strategies that it develops for itself. A lack of strategy will tell on the manner the organisation works. Hence, the team employed to this effect should be efficient and have the required knowledge for the same. Plans should match what the company envisions for itself in the light of its finances and operations. Such plans work in the long run. The more changes occur in them, the more difficult it is for them to move ahead. Realistic yardsticks can be ...

CHAPTER II

This chapter will seek to conduct an absolute inquiry into what makes up security interest laws in the United States. In order to lay the foundation for comparisons in subsequent chapters, the three main elements of the study of the Saudi system will be reviewed here in the context of U.S laws with an emphasis on California state law. The features of the California legal system will include the assessment of foreclosure rules and patterns in California. This will include a detailed fact-based evaluation of CCP580 (b), CCP580 (d) and CCP726 (a). The different components will enable the study ...

Introduction

Cash management is a complex task though it seems to be an easy job. It is a highly complex as well as detail oriented task. It is very necessary to effectively manage the cash that the company have. If the company fails to manage the cash effectively, then there will be problem in meeting the financial obligations. Failing to manage the cash effectively will affect the company’s operating, financing and investing activities. In sum, the whole cash flow system will be affected. To facilitate the cash management, the company prepares the cash budget and implements the proper cash ...

Process one- Mission and Vision

The organization has a mission of inspiring and nurturing the spirit of people. Its vision involves the establishment of the company as a premier source of the world's finest coffee. Therefore, the company would like to motivate the spirit of its employees through maintenance of its culture, and rapport as it grows (Gregory).

Process two- situation analysis

Strengths The greatest strength of Starbucks is the delivery of a robust and consistent sales growth even at times of challenging backdrop in consumer spending. Secondly, Starbucks has excellent use of finances that has maintained free cash flow. This has supports the development of its products ...

In the article Too Poor to Make the News that appeared in The New York Times on the 13 of June, the author Barbara Ehrenreich predicts the emergence of a new class called ‘the Nouveau Poor’. Ehrenreich believes that this inequality that can be seen for a couple of decades will be leveled by ‘recession porn’. With this term she refers to a new genre of media that makes peoples’ lives harder and forces to refuse from habitual and beloved things. (Ehrenreich) Barbara Ehrenreich in her article Too Poor to Make the News answers on the question that disturbs ...

Business Strategy

Competing in a dynamic and fierce industry with well – established firms that dominate the market, Aldi, a German grocery company, developed its own value chain that allowed it to be grasp a portion of the market share and become a relevant player in UK (IBS Center for Management Research, 2015). According to Michael Porter (38), value chain is industry – specific and firms organize their internal value chain structure different than other players, so that they can gain distinctive competitive advantages. Porter’s (39 - 40) value chain model is based on the premises that every company has primary activities ( ...

As requested, I have examined the current market conditions and business settings in Spain that will hopefully provide you with the significant insights regarding the decision of initiating electric car manufacturing business in Spain. The Spanish automobile industry offers us lucrative prospects not only in manufacturing electric automobiles but also presents us with an opportunity to export our products to over 130 countries around the world.

Spain has a population of 46.4 million people and its GDP stands at $1199 bn. Spain’s GDP is 1.42% as percentage share of the World’s total (World Economic Forum, 2016). Like ...

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

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

mmmmm dd, yyyy (Dimson, 2015) (Explore adidas, n.d.) Both advertisements are just showing the product and nothing else but their elements are making different appeals to customers. Nike is showing a strange looking model where the sport is not clear. The effect is to look into the ad closer to find out for what sport is the shoe. This is a strong catch-on for any sports shoe customer. It challenges the imagination and is invoking a challenge to the viewer. The other appeal is it is invoking science when it has the word ‘gravity’ boldly emblazoned. The message connotes ...

The recent Brexit vote has brought about a number if tensions associated with membership in the European Union and a common European economic area. It has also put into serious question the European Project started in the post-World War II era. Please argue for or against Britain being a member of the European Union. Be sure to cover five broad areas of disagreement economics (Benefits/ Costs), political (Benefits/ Costs), Labor market (who wins? Who lose), social (costs/ benefits), and issue ofan identify? Britain a second-largest economy after Germany is a member of the European Union, has taken up a ...

Introduction

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

1. In the article, “Why Private Donations Aren't Helping America's Poor”, Charles Kenny, tells why social protection cannot be completely trusted to charity, and why charity cannot replace government safety net in America. America holds 10th position globally, with respect to income equality. More than 50% of the country’s wealth is owned by just 3% of the American population. Though rich American make donations to charities, these donations tend to fall during the recession, when the need for support is at the highest. In addition, only 12% of the total charity amount is spent on human services. Though ...

Rancho Solano

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

(Student’s Full Name)

Introduction According to the Associated Press, there were more poor people residing in the state of Washington in 2013 compared to the previous year. This was the case despite the poverty levels remaining steady “across the nation” (Le par. 1). In addition, the United Way has recently revealed in a “comprehensive report” that “1 in 3” Washington households “struggle financially” (Hobbs pars. 1, 22). The experts have arrived at their own conclusions as to why that it is currently the case in the state. However, even though the cause of poverty in Washington State has ...

Abstract

The Great Depression during the 1930s was referred to as the most severe economic downturn that affected the United States and the global economy. The depression lasted for almost a decade, and some economists and monetary scholars blamed the failure of the banking institutions to come up with effective policies to maintain a sound standing. The banks were not sufficiently prepared to deal with erratic economic movements. Consequently, there were also those who argued that the Fed should be blamed for the economic recession because of their failure to adapt sound monetary policies. It was pointed out that the ...

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 ...

2007 Economic Crisis Review

Abstract

This article is an academic review of the economic crisis that struck in 2007 whereby the world economy experienced deep and long prolonged recession with the crisis being considered as the worst to be experienced since the Great Depression . This article largely lies its basis on the U.S experience during that period with the effects, which resulted from the crisis in the overseas markets outlined. Also, the article brings an understanding of some of the conceptual underpinnings of the issues lying at the heart of the economic crisis. The underlying causes of the economic crisis ...

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

Management

Financial Analysis The strategy of the company is working, which can be explained from the financial analysis of the company. The Return on assets of the company is indicating positive trend by showing improvement. It is representing that the company is managing its assets in an efficient way, and is earning revenue from the assets. Return on invested capital of the company is also showing marked improvement, which means that the company is generating investment from the capital that is provided. Return on equity of the company has also increased in recent years if considered from 7 years time ...

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 ...

This paper will look at the similarities and differences in the Presidencies of Barack Obama and Franklin Roosevelt. Roosevelt became President during a trying time for America. The Great Depression was in full swing caused by the fact that Wall Street and the banks had collapsed causing millions of people or about 25 percent of the population. to be without jobs or financial security (Miller). When Roosevelt came into office he put together an economic package known as the New Deal in order to help alleviate the crisis and get men back to work. Almost seventy years later in ...

Trends in Healthcare Costs

Over the last three decades, the healthcare sector has grown rapidly. This has been necessitated by a growing population and their increasing demand for healthcare as well as the increasing complexity of illnesses presented within the healthcare sector. On the other hand, he globalization issues have also necessitated that the healthcare adapts to the needs of a more diverse population and hence growth (Kaiser Family Foundation, 2016). This growth has been tremendous and there is no doubt that the costs of care have been affected significantly. In the 1970s, the cost per individual was estimated at $356 but this ...

Imperial Oil, founded in 1880 is a giant petroleum producing company, with its headquarters located in Calgary, Canada. It is the second largest integrated petroleum company in Canada and has registered a phenomenal growth since its inception. Its operations consist of exploring and producing oil, manufacturing and distributing petroleum products for energy sources, producing chemicals for industrial and domestic use through innovative and sustainable technology. ( Annual report, 2016) reports a cash generation of $22 bn from operations only during 2010-2015. Its performance can be evaluated from the growing dividends paid to its shareholders in last 21 consecutive years. Imperial ...

The 2015 Paris attacks inflicted tremendous losses upon the French hospitality market, resulting in the lowest level of customer turnover for some hotels over the last twenty five years. The Paris and Nice attacks caused economic damage, equivalent to damage caused by the 2008 Great Recession (Alderman, 2016). On a global scale, the global tourism industry demonstrated 3 percent growth prior to the 2015 Paris attacks (LaGrave, 2016). Moreover, the global tourism industry employed 7.2 million people more in 2015 alone, providing income for about 284 million people all over the world. Global tourism generated about one-tenth of the ...

Executive Summary

The report comprises of two main tasks that are financial ratio analysis and distress analysis to determine and evaluate the financial performance of HSBC. The case study is prepared to analyze the financial conditions of HSBC. HSBC Bank Plc. is one of the largest financial services providers in the world. HSBC operates in Finance and Insurance industry that is highly competitive in the global market. The decline in values of current ratio, quick ratio, and cash ratio reveals that the company did not succeed in maintaining stability in its financial position, but the decrease of 0.02 and 0.01 is ...

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 ...

Prior to the Great Depression policy makers in the United States generally tended to accept that business cycles happened and in accord with Adam Smith's "invisible hand," tended to be self-correcting. The stock market crash of 1929, and the more general problem of massive unemployment forced a reconsideration. Smiley (2008) and Bernstein (2016) both point out that the human face of the Depression left no choice but for some government intervention. Jahan and Papageorgiou (2014), discussing Keynesian Economics put it plainly: “The central tenet of this school of thought is that government intervention can stabilize the economy.” The centerpiece ...

Best buy enterprise has had minimal innovation activities over the past few years; the company's financial position is declining, revenue fell by 4.7% from two years ago and 2.4% since last year for a total loss of 1.32 billion or 3.36 per share. Cash flow is down 2.6 billion due to charges in the closure of stores in the UK, China, and Turkey, also, the reopening on 50 stores in China. Profit is down by 1.7 billion with a year-on-year growth of negative 361. This report will cover a situational analysis of potential causes of the company's revenue, cash ...

Supply Chains.

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

5 C’s of Credit 5 C’s of Credit In early times, the lack of financial institutions and absence of banks resulted in the exploitation of poor by the greedy financiers. Borrowers can only escape from the clutches of loan sharks if they have easy access to efficient credit networks. Moreover, credit network is also required so that the savers can deposit their money in reliable financial intuitions so that it can be channelized from the rich people to the poor industrialists (Ferguson, 2008). The primary relationship that money defines is between a lender and a borrower. This ...

Eclectic Forecasting Research Paper

1. The year 2007 is the third year of a series of three consecutive years of broad-based growth in the world. Although developed economies and underdeveloped economies had a world average growth of 3.4 % in 2007 with a previous growth of 4.9 in 2006, the perspective for that year was to an increase in the world growth in 2008 with a value of 3.6% (QUOTE). In the year 2006, 96 of 159 economies of the world increased their gross domestic product with a value higher than 3%, and only nine countries had a negative growth in 2006. The challenge ...

Abstract

The US economy thrives on the proper functioning of the monetary policy of the government of the day. Interest rates, inflation and recession are all related and happen to influence proper functions of the government warranting their clear understanding. As a victim of a recent economic recession, a consideration of the role of interest rates on the overall functioning of the economy becomes particularly important. This paper shall seek to understand the concept of interest rates and how they affect the economy of the United States of America. The paper, in doing this, shall consider the causes of the ...

Ricardo Talancon is a 20-year old student living at home with his six siblings and their mother and father. He is the eldest among his siblings and is the first to finish high school. He is also the first in his family to attend college as he is currently enrolled at UCLA, where he is studying hard to obtain a law degree. Born in the year 1996, Ricardo was initially a Mexican citizen living with his mother and father in a town known as Xico, which is fairly large and prosperous enough. His father supported the family by catering ...

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

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

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 ...

Summary of the Wolfers’s Article

This assignment will first summarize the article published by Wolfers (2016) in the New York Times, about policymakers’ possible response to an economic slowdown. Wolfers (2016) begins his article referring to an employment report that suggests job growth is slowing down. He brings up the possibility that the economy may suffer a significant slump, maybe even a recession. Wolfers (2016) suggests that the recent economic recovery may have come to an end. Worse, it is hard to think of a time in recent history when policy makers were so unprepared to answer to the challenge (Wolfers, 2016). If the ...

Introduction

Market economies constantly change depending on the demand and supply of goods. The demand and supply of a particular service or good is dependent on the unique characteristics of the product that determines the quantity that individuals in the particular market are willing to consume. Other important determinants include the price of the product, the consumer’s preferences; the price of other related products as well as the demographic and income characteristics of the population (Rittenberg & Tregarthen, 2012). The concepts of supply and demand studied in the course are crucial concepts in economics as they are the backbone of ...

Post Crisis Change Management in Business Organizations

Business Organizations are often confronted by situations which induce their owners to re- examine their policies and processes. These situations are termed as crisis and needs reformulation of organizational processes, in absence of which the existence of the organization may be threatened. These situations may erupt from failure to anticipate the internal and external consequences from economic, political, ethical and technological changes related to organizational activities. Even if they are anticipated, crisis may not be altogether averted; only it helps in formulating contingency plans that are used to address post crisis situation and calls for initiating changes in the ...

Introduction

Modern economies have multiple agents. A proper understanding of economic principles enables agents to work successfully in their endeavors. Mankiw (2015) describes economic principles which will be used in this paper to answer specific questions.

How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources

Scientists develop different hypotheses and models to explain world phenomena. Likewise, economists attempt to create models which describe reality and, more significantly, use those to make predictions that guides people, businesses, and governments (Mankiw, 2015). Since economists can hardly use a laboratory as in a physical experiment – although there has been mock economic experimentation – they usually refer to the natural experiments offered by history ( ...

Employee Performance Recognition and Compensation Policies

Essay Question One: Introduction Air World International was established by Carolyn Laker in 1994, a property developer by profession, with an aim of providing quality air travel services between Europe and the U.S.A. In its initial years the company managed to establish itself as a major player in the airline industry and notched up consistent profits. However, as the global recession took hold in 2007, by 2008, the company’s fleet was running on below average capacity. Despite employee recommendations of lowering its fare structure to attract more passengers (a strategy being implemented by its competitors), Carolyn and the ...

Abstract

Marketing strategy is the one component of a business organization that determines its relevance and sustainability in the contemporary market. An outdated marketing strategy or a poorly informed model of doing marketing leads to the inevitable failure of a business organization. Zappos, TOMS, and Payless are shoe companies that originated in the U.S., and each one of them has positioned itself to its clients’ uniquely and differentiated its brands to establish a territory in the expansive global shoe market. Zappos is quite established in social marketing practices, specifically customer relations. However, it spends more than average revenue to finance ...

China’s Economic Trends

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

J. C. Penney’s “Fair and Square” Strategy

Abstract

In 2012 , the huge departmental chain of stores, J.C Penney under its CEO, Ron Johnson came up with an ambitious plan dubbed “Fair and Square” as a countermeasure to recession and dwindling sales. However, instead of revamping the stores the plan which entailed offering complementary promotions and periodical price reductions led to further decline and the organization had to seek alternative ways to remain afloat. This essay presents the problems that J.C. Penney faced and the recommendations that it needed to follow to revert to profitability. It also presents an analysis ...

Introduction

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

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

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 ...

The retailing industry is an area that has grown worldwide owing to the increased consumer interaction that is involved in the retail business. Most importantly, the retail industry has grown internationally because of factors such as brand management and advertising based on lifestyle trends of consumers (Fernie, Fernie and Moore 1).

PESTLE Analysis

Political Factors Political factors influence the performance of a company such as Target. Different countries have differences in terms of tax regulation and tax rates based on the various acts of legislation in the respective countries. Additionally, a retailing business may not be viable in countries with unstable ...

Credit demand, as well as, credit supply have been mentioned as primary contributing factors to economic decline. Credit supply culminates to increasing production costs, as well as, causing the short-run shifts in the aggregate supplies. This credit supply will as a result cause high inflation and lowering of the GDP leading to economic decline. Credit demand, on the other hand, leads to decreases in the bank lending consequently leading to low investments because of the higher interest rates brought about by the high credit demand. This would adversely affect the performance of the economy because of low investment levels. ...

(1A). The shortage of talent in the global labor market has affected the employers' job filing efficiency. According to the report on global talent shortages, the number of employers having trouble in filling jobs due to this problem is on the rise. For instance, the percentage increased from 36 % in 2014 to 38 % in 2015.This year saw the highest percentage increase in lack of global talent since the 2008 recession. In Japan, where the problem is most severe, statistics show that t6his problem has persisted since the end of the recession. Some of the regions in the world also ...