Essays on Trade

I’ve successfully worked as a restaurant manager for an approximate period of two years at the Arang-Korean restaurant where I was able to use daily operation data to investigate and create a statistic program in Microsoft Excel which optimized the business management system and cut down the inefficient time by 2 hours per day. I also collected and compared income and disbursal data, cut down the unnecessary cost by 10% and further mediated problems between customers and servers, accommodated customers, and expatiated within reason.
This kind of resilience and sense of responsibility has up to date enabled me Continue reading...

December 12, 2010

Inflation in Macroeconomics

The most effective indicator of country’s economic health is its financial state. Financial system not only provides interconnections in economics, but also conducts macroeconomic regulation, and serves as a tool for governments to regulate economic development. For this reason, the activity of executive power in every country is directed towards stability of financial and credit system and overall financial state. In order to ensure the stability, inflation processes must be controlled. It is necessary because inflation results in harmful socio-economic outcomes: inflation leads to deformation of macroeconomic regulation Continue reading...

During my high school education, my aunt was owning and managing a electronic shop. I used to assist him in managing her workers and running the daily activities in the electronic shop. However, she closed the electronic shop and started auctioning everything in the store.
After a while, my aunt offered me a job of selling the electronic equipment. She did this by giving me a 5% commission on any equipment I sold. However, she set up the minimum value I would sell any equipment, so I had to really work hard in order I could receive the commission Continue reading...

The options are ideal tools for position trading as well risk management. These options give their holders some right to buy and sell their underlying assets at a quoted price on or before the expiration date. A call gives a holder the right to buy an option while a put enables a holder to sell an option. The three major option strategies are as listed below in the various case studies.

Bullish option strategy

The McDonald Company has, in past five years, expected the underlying stock price of their diversified commodities to go upward. For this very reason, the company financial management Continue reading...

Introduction

Retail industry forms a part of supply chain management, it deals with sale of goods and services where in manufacturers and wholesalers sells it to the customers for profit. Retailing is done either by fixed stores, online retailing or by delivery. Retailing is classified by type of products which can be food products, durable goods or consumables. Harmonious relation between employer and employee is the most vital part for effective operation of any organization. Legislation has come up with set of rights and guide lines to be followed by employers as well as employees which help the organization to Continue reading...

The documentary Death by China was released in the year 2012. The movie is based on non-fiction book known as Death by China: Confronting the Dragon. The movie addresses one of the major issues facing America today. The increasing destruction brought about by China is affecting the economy of America. The trade relationship between America and China is tremendously increasing, especially on economic trade. The movie focuses on how the economic trade relationship is destructive to America. China began flooding the United States markets since the year 2001. These were characterized by illegally subsidized products from China. The flooding Continue reading...

Power quality involving voltage occurs in two main ways. These include under voltage and overvoltage. Under voltage occurs when the power in transmission falls below 90% of the total power transmitted for a period of more than one minute. When the power is totally out, the situation is described as a blackout. When the power is fully present, it is simply said to be full power. There is a transition between full power and blackout that is described as brownout. Brownout is identified by dimming of lights, blackout by no lights at all, and full power by all domestic Continue reading...

#90457 1

The company that changed the world
England’s East India Company (EIC) was established by a royal charter on one cold New Year’s Eve in 1600. It was established in order to take part in beneficial space trade, the monopoly on which Spain had till 1588. Firstly, the company conducted separate voyages to India. Few years later, in India were built first factories, and since that time Britain begun its ardent activity in the region. The company had a full monopoly for all the trade between Britain and Asia. The greatest impact this company had in Continue reading...

Introduction

JCPenney was at one time the leading retail chain consisting of department shops in America. It has around more than a thousand retail shops in various malls across USA and Puerto Rico and its operations are based in Plano, Texas. It operates mainly by developing stores to anchor big malls but since the retail boom started in the 60’s, it has followed its competitors by opening standalone shops as well. Right now the departmental chain is fighting to survive competition from upscale competitors (Macy’s) to major discounters like Wal-Mart.

The reason for JCPenney’s downfall was its Continue reading...

Introduction

Demography is the study of the human population. Ideally, human population is studied in terms of the size, the composition, and the distribution of persons across the specified area of study. The three major demographic elements that are used to determine the composition and causes of different population changes include birth, death, and the migration of people. First, the population of a place may be described in terms of some of the common demographic features such as sex, age, household status and family composition. However, demography can also be described in terms of the social and economic context. That Continue reading...

Milestone One:

Introduction
The paper is focused on the difference between developed economies and developing economies. The focus is to look at the gross domestic products (GDP), export rates, and import rates of advanced economies with those from less developed economies. These are compared to see those factors that have resulted in the increasing gap between advanced economies and developing economies. These choices of data are chosen because they are very factual and explain the real world situation. Also, the datasets are useful in giving explanation to the continuous dependence of developing economies on advanced ones.
International trade has continued to Continue reading...

Introduction

Trade unions are organizations that represent the working people. The membership of these organizations comprise of employees from different sectors of trade, professions and occupations. The union’s main objective is to represent its members in the working environment and in the general society. The working of the trade union is through collective bargaining as well as through a harmonized rule-making process. The South Africa trade union is the largest in Africa and plays a big role in the labor market and industrial relations in determining policies in the country. There are three prominent trade unions in South Africa Continue reading...

In this documentary film, Art historian Gus Casely-Hayford travels to Africa to explore the fascinating history of the great kingdom of Zimbabwe. Produced by BBC in 2010, Great Zimbabwe is the third season of the Lost Kingdoms of Africa documentaries, which were being aired by BBC Four. Directed by Sarah Howitt and Ian Lilley, the film has a runtime of 51 minutes, with the narration part solely done by Gus Casely-Hayford. Casely is among the many historians, archaeologists and researchers of the recent past who have devoted their efforts to unravel the history of Africa and its incredible preserved Continue reading...

Summary

Introduction
The current paper relates Porter’s Five Forces analysis of two companies – Starbucks and Nordstrom. Starbucks is the global company involved in selling coffee beans. Nordstrom is an American upscale retailer selling clothing, handbags, accessories, cosmetics, jewelry, and fragrances.

Starbucks
Bargaining power of suppliers of Starbucks is low because coffee beans are a commodity. The price on coffee beans is affected by multiple factors including weather, natural disasters, political factor, inventory levels, and economic conditions. Besides, Starbucks is pressurized by the international community to be responsible for fair trade and ethical sourcing of the final products. These factors Continue reading...

Numerous theoretical perspectives try to explain the state of Iraqi before and after the United States invasion in 2003. Most importantly, the western assumptions are biased towards the leadership and governance of Iraqi. As a result, the theories have created mixed symptoms and the causes of ethnic conflicts and sectarianism does not have evidence to approve the underlying assumptions. In my opinion, I argue that, the assumptions and biases of the western have played a large role to convince the society that Iraqi government is responsible for the suffering of its citizens. The United States of America have itself Continue reading...

Wal-Mart in Germany was a subsidiary of the Wal-Mart international. Wal-Mart international is a segment of the Wal-Mart incorporation. Wal-Mart has three segments, namely the Wal-Mart U.S., Wal-Mart International, and The Sam’s club. Wal-Mart ventured into Germany’s market in 1998. The reasons Wal-Mart chose to venture into Germany’s market was based on some interesting features about Germany. Germany is among nations in Europe with the largest economies. In addition, the country has a retail market bigger than any other countries in Europe. Consumers in Germany spend almost thirty percent of their total incomes in retail stores.
Continue reading...

Walmart Company is one of the most influential in the world of retail trade. For more than 15 years, it has been recognized the largest chain of hypermarkets in the United States. In addition, Walmart`s positions are strong in other countries as well. Walmart company since its foundation pursues a strategy of low prices. This specific strategy allows the company to offer products for selling at cheaper prices than other competitors sell.
The history of the creation of one of the largest retail chains in the world is associated with the name of Sam Walton. In the mid-1950s Continue reading...

Wal-Mart Stores Incorporation, known better as Wal-Mart, is an American corporation The Walton family control over 50% of the retail corporation. Along all those years since its incorporation in 1969, Wal-Mart has remained as a family owned enterprise. The headquarters is situated in Bentonville, Arkansas. Some of the investments engaged by Wal-Mart that are very successful include in china, United Kingdom and in South America. Those that have not been successful include operations in Germany and South Korea.
Wal-Mart in Germany was started in 1998 when it acquired 95 stores from two retail companies and interns spars (Clark, 2006). Continue reading...

Introduction

The concept of globalization in today’s world is very wide. Globalization is defined as the process of an increased relationship between national economies through international trade, foreign direct investments by multinational firms, and international financial investments (Pugel, 2004). It therefore includes the broadening and speeding up of international interactions from economic, technology, cultural and political aspects of life.
The World Bank defines inequality as the disparity of income and standard of living among nations and their citizens (Birdsall, 2005). Inequality refers to the differences that exist among various groups of people in the society and should not be Continue reading...

There is clear positive relationship between imports and rate of economic growth of the country. The trade is considered favorable if the amount realized from the imports is more than the amount that was used to acquire them. Developing countries focus more on exporting their products while the developed countries will import more so that they can comfortably sustain their economy. Imports will always give pressure to the manufacturers to be more innovative on their production and apply methods that cut on costs so as to be able to compete with imports that are usually cheap.
International trade accelerates Continue reading...

Business Structures & Taxation Law

Summary
In the course of this paper, the prospects and business structures will be examined for the band Black Narcissus, a five-piece death metal band that is currently assessing its future as a brand. There are many different factors contributing to their current success, and their immediate and long-term prospects as a band, which will be evaluated based on current taxation law and the conditions already facing the band’s future. Already, several issues have presented themselves that must be solved:
- The issue of writing credit between the two creatives of the band and three remaining band members Continue reading...

Wal-Mart is the largest retail store in the United States of America and also the leading private employer. Wal-Mart owns more than 10,000 retail stores in 27 countries. Currently, the number of employees stands at 2.2 million globally with 1.3 million of them in the United States alone (2012 Workforce 2).
As it is true of most multinational companies, Wal-Mart is highly diverse. The company employs more than 44,000 Asian associates, 174,000 Hispanic associates, 272,000 African-American associates, 6,000 native Hawaiian associates, 14,000 American-Indian associates, 813,000 female associates and 20,000 associates belonging Continue reading...

- Why do retailers use professionals such as ad agencies of the media to develop their campaigns instead of attempting to do so without experienced help?
Use of social media to market can enable retailer looking to advance their reach for more customers. Advertising agencies help the customers to interact more with brands through social media. As such, having a strong social media presence is essential in tapping more customers into their interest. If effectively implemented advertising agencies can bring outstanding success in the business. Additionally, the public relations method of ad provides a set of practical steps and Continue reading...

There are a number of changes that are occurring in the retail sector, and these trends are changing the way that retail connects with customers, suppliers, and so on. For retail organizations, staying on top of emerging trends-- and ensuring that trends are not engaged with too heavily without research-- is important for the success of the organization as a whole. This discussion will center around new trends in retail marketing, and the different driving factors that influence retail marketing and customer service in the industry. In the retail industry, manufacturing and retail are completely separate entities, but they Continue reading...

The NLRB’s decision is malicious to the company’s trading policy and strategies. This is because it exposes the secrets held by the company. In business, Trade secrets entail vital information to a company and are not revealed to the public because they have commercial inclinations. In a company, employees exposed to the information on the company’s trading secrets have a right to restrict access of the information by other individuals. The employees who mishandle such information face the risk of being prosecuted in a court.
In addition, the decision is antagonistic to the security of the Continue reading...

An IPO for Lafleur Trading Company would provide sufficient capital, which may be applied for capital expenditure. The other strength of this approach is that this trading company will improve its public awareness through the IPO. On the other hand, acquisition will offer economies of scale to this trading company due to the increased capacity from the firm acquired. To add onto this, there is strength in that the distribution channels are expanded. When this trading company acquires another company in this trading line, the distribution channels between the companies will be shared. With regard to mergers, there is Continue reading...

Order # 318667

Japan is a “land of the rising sun” and is full of mystery for strangers. That’s why in order to start beneficial trade with Japanese, a businessman should be prepared.
First of all, let’s speak about trade regulation. On 25 March 2013, the EU and Japan officially launched the negotiations for a Free Trade Agreement. The Free Trade Agreement sets rules for international trade and investments, for example non-tariff barriers, tax exemptions and a national investment regime for foreign investments (Countries and regions: Japan. Trade picture). The singing of this agreement will simplify business process between two Continue reading...

(Name of Author)
There has been a lot of controversy surrounding the balance of trade deficit in bilateral trade between the United States and the People’s Republic of China. Many American analysts, including Lou Dobbs, argue have increasingly argued that the trade between the USA and China only serves to benefit China more than the American people. There is consensus that there has been significant growth in trade between two countries. China is currently the third largest trading partner of the United States.
China is also the 3rd largest destination for exports from the US. Figures for exports Continue reading...

Internship Journal

Internship Site: Center for Preparedness and Recovery
Intern Week 1
Dates: Thursday, 1st March, 2014 and Friday, 14th March, 2014

The week’s goal was to familiarize me with the Center for Preparedness and Recovery. This was through knowing people who work in the mitigation areas of the center and resources accessible by workers. My boss, Mr. Smith, led me to each staff present and described to me the duties assigned to each of the worker. After introductions, Mr. Smith took me around the center’s departments concerned or connected with mitigation. We paid visits to various departments within Continue reading...

During the seventeenth and eighteenth century, The Great Britain was trying to invade most lands in East Asia so that they could do trade commodities on their own terms and conditions, and without any barriers imposed by the local authorities. There were a significant amount of commodities found in East Asia that were demanded in Europe. First the British government established their company called ‘East India Company’ with the desire to do trade; however, later on they attempted to invade most parts of the East Asia. Opium Wars were the proof of invasion of China by the Great Britain. Continue reading...

Question 1

Amazon has the benefit of eliminating overhead as well as carrying hefty quantities of inventory because it usually orders these books from it distributors. The company has grown to emerge as one of the largest retailing online companies as well as the largest e-commerce retailer globally. It avails goods such as books, clothing, toys, and electronics at competitive prices. Additionally, Amazon usually spends much of the earned cash in building more satisfying centers in order to accommodate more data and technology offerings. Walmart is among the largest e-commerce retailer on the internet, which provides Amazon with stiff competition. Walmart Continue reading...

The term globalization is complex and vast; however, it denotes the increasing integration, since WWII, of the economies of developed nations, and the growing number of advancing countries, to the extent that there is existence of the operation of one international economy. This increased integration of globe economic activities entails cross-national movements of many varieties of services and goods. Moreover, increases cross-border movements of long-term and short-term capital, increases complex, and dense system of transnational production involving multinational enterprises and independent supplier companies.
In spite of the advances within IT, which have shaped and defined current wave of globalization, Continue reading...

Abstract

JC Penney is one of the largest retail stores in the world. It has a century long history of success. JC Penney has seen many big changes over the last 100 years in its product portfolio. However, the last effort to change it brand image went horribly wrong. It lost almost 33% of its customer base within a year, biggest in the history of retail industry. However, it has now realized that it needs to stick to its tried and tested brand image and also the operational tactics that have succeeded for the last 4 decades. Once those are Continue reading...

Innovation can be described in two categories: incremental and disruptive. With regards to a product, the next product release or the next version of a current software is known as an incremental innovation. But the innovation through which a significant change is brought into the marketplace is known as the disruptive innovation; this is when the competitors are forced to realign their strategies and they feel threatened suddenly (Schmidt & Druehl, 2008). The integration of the smartphone technology into the retail industry is a form of disruptive innovation. In general, the disruptive ideas are those upon which everyone would chuckle Continue reading...

Introduction

Amy’s Bread is a bakery in the New York City that deals with hand-made breads, decadent cookies, morning pastries, layer cakes, sandwiches among other products. The company is known of baking chewy and crusty breads made of moist crumb and flavor. The company makes its breads through traditional European techniques. Amy’s Bread is a key wholesale supplier of breads in different New York restaurants.

Strengths
Amy’s Bread has made investments in different areas that have made it outstanding in the industry. Strengths are usually as a result of internal activities of an organization and they are Continue reading...

Introduction

Globalization is a process that relies upon strategies internationally with the aim of expanding business operations on the face of the world. This is with the help of global communications, which have been made possible due to advancements in technology, developments in the political front, socioeconomic, and the environment. Another definition to globalization is cross-border interactions being intensified and countries depending on one another. This definition shades light on how the international system has changed. Relationships have changed in individual states due to depending on one another and whatever events are ongoing outside their boundaries are more likely to Continue reading...

Nzinga Mbemba (Afonso I), Three Letters from the ManiKongo to the King of Portugal, 1526

This article was created by Nzinga Mbemba. The purpose of the document was to try to urge King Jao III of Portugal to take control of his subjects who were rapacious when it came to slave trade. This letter was meant to be private since it was addressed to the king of Portugal. This document does not show any bias instead it reflected the situation that was on the ground accurately. The author was however not neutral since he had the interest of his people at heart. The author had reasons to be honest or dishonest since the lives Continue reading...

International Microeconomics: Trade Dispute Case Study ‘USCOOL’

Introduction
The advent of bilateral trade talks started all before the general agreement on tariff and trade (GATT). Although the reciprocal tariff act of 1934, came into action after the smooth Hawley tariff act of 1930 as a result of the stock market crash. The reciprocal tariff act served as a negotiating model for GATT. GATT prompted countries to negotiate and reciprocate tariff reduction. The World Trade Organization (WTO) was formed in 1995 after 8 rounds of talk under GATT from 1947 to 1994 to discuss varying issues of trade. WTO was formed to provide an avenue to manage Continue reading...

India and the British Empire

India was the greatest jewel in the British Empire’s crown and although it started off as a commercial venture, the impact that the British had on the sub-continent remains practically to this day after 300 years of rule. The beginnings with the East India Company were quite daredevil with several risks being taken but after the British took control of the trade routes inside India, their economic power simply exploded.
The East India Company ran India like a fiefdom, and it brought great profits to its shareholders as well as to Britain as a whole. The creation of Continue reading...

Amy’s Bread is the brainchild of a woman who quit her job as senior marketing executive and jumped into this bakery business. From the experience she acquired from around the world; she finally ventured in Manhattan to implement her idea of serving specialized handmade breads to customers. From her initial business operations in 1992, her innovative breads have always tantalized the taste buds of the customer, which has resulted in a demand which her company finds challenging to meet (Goethals, Sorenson & Burns, 2004). Amy’s Bread serves 50 wholesale customers that include hotels, restaurants, and gourmet food shops Continue reading...