Trade College Essays Samples For Students

Information Technology

Information technology is critical to companies as it enhances efficiency, effectiveness of product development activities. It is one of the vital tools in today’s contemporary business world, with most firms adopting the use of technology to adopt value based applications designed to improve the overall organizational responsiveness. Businesses use technology to facilitate operational integration to improve operational efficiency in product development. The establishment of IT enabled customer co-innovation and value co-creation platforms have changed the extent of people involvement in the operation of IT processes while opening new and effective ways of processing business transactions (ITIL Educational Solutions ...

Intellectual property refers to the works or inventions that are as a result of creativity, including a manuscript or a design, to which one has exclusive rights or for which one may apply for a patent, trademark or copyright. If a person or organization registers their original works such as inventions, ideas, innovations, writings and artistic performances among many others, with the relevant government and they own the exclusive rights for a particular period of time, this is referred to as intellectual property.

Intellectual property has become a major issue in recent rounds of international trade negotiations because of a number of factors. One, the costs ...

- Analysis of the Case
The case of Kmart is shocking and an eye opener too, with regard to the state of an organization that brings doom to itself. The case provides many insights not only about the inventory management but also about the mindset of the management that are likely to damage a once successful company. Every business has key business activities and units of measurements unique to the business. The top management is supposed to pay close attention to them and organize their work to maintain what is optimum for their business. Kmart chose wrong units of ...

International tax treaties as a means of advancing economic goals

International tax treaties have become quite common especially among countries that have decided to come to an agreement to promote trade. These treaties are reached following total evaluation of the benefits that may arise out of the treaties that have been reached. The treaties are common among countries that are in constant trade with each other. Therefore, through reaching upon the treaties, it is quite obvious that there will be more trading activities taking place between the countries that have come to an agreement. This will be through attracting more entrepreneurs into putting more resources to conducting the trade ...

Business: Customer Relations

I had been working with the Valero Gas Station for about three years as a customer service attendant. This position gave me the exposure I needed owing to the fact that I had to attend to several customers in a day. Actually, the management of the Valero Gas Station took the initiative of taking me through a 3 months training program so that I could acquire the necessary skills to relate with customers. Therefore, from the time I took over the position of a customer service attendant I was braced for the challenges that came with the position because of the training I ...

Section A: The importance of international cooperation in the global economy

International cooperation has led to the creation of free trade zones among countries. This has been achieved through liberalization of economies by eliminating barriers to trade. It has opened doors for trading activities among countries freely promoting an orderly global economy (IMF, 2009). International cooperation has promoted tourism. This is because of the peaceful coexistence among nations .Tourists feel free to visit other nations. This has promoted the economic status of countries through the foreign earnings from tourism activities. It has promoted investment activities of countries. This ...

A pricing strategy used by the businesses to charge a different price to each customer for the same product or service is known as the price discrimination. Technology has raised the level of awareness for the consumers and also eased up their lives by giving them direct access to everything (Conitzer & Taylor et al., 2010). Computer and internet has earlier been perceived as the friends of a consumer as it eases the shopping and lowers the price. But recently it has been discovered that online shopping is actually triggering the price discrimination and hurting the customers in general.

The online ...

Christianity differed in the West and East based on the way in which the Christians handled matters pertaining to their religious beliefs. Western Christianity comprises Roman Catholicism while Eastern Christianity involves the Greek Orthodox church. The institution of the pope differs between the Western and the Eastern Christianity. According to the Roman Catholics, the pope heads the church and is an infallible individual. The Greek Orthodox church does not recognize the institution of the pope but has the highest bishop. Catholics do not allow the church leaders to marry unlike the Greeks who allow the elders to get married. ...

Walgreens, Target and Costco are among the largest retail companies in United States and also in the world. Walgreens is one of the largest Drugstores in the U.S and has more than 8,210 locations that include 7,761 drugstores. Walgreens pharmacies are in almost all regions in the US serving more than six million customers each day. Kroger is a retail food chain in America. Bernard Kroger founded it in 1883. Its main headquarters are in Cincinnati, Ohio. Ranking it by the revenue, it is the number one supermarket chain, number two general retailer, and 25 among the largest ...

- What was the Dutch West India Company and why and when did it send people to New Netherland?

The Dutch West India Company (WIC) constituted Dutch merchants engaged in trade with other countries or regions outside Europe. The charter expanded through its establishment of trading posts in other countries as well as colonization of territories and other trade monopolies. Dutch merchants traded various goods and commodities such as food and spices, and alcohol and tobacco among others, and also largely participated in slave trade. During the early and mid-1600s, WIC established a post for fur trade in New ...

On the unfortunate afternoon of February 26, 1993, an explosion originating from the underground parking area of the World Trade Center 1 occurred, taking the lives of six (6) civilians while injuring another 1,042 (Antiterrorism Historical Vignette, n.d.; Greenspan, 2013). The explosion which occurred at exactly 12:17 pm of the said date came from a yellow Ford Econoline van which was traced to have been rented from a Ryder dealership in New Jersey, USA (Parachini, 2000; Greenspan, 2013). The massive explosion, but failing to achieve its main ...

The high rate turnover can be a very expensive experience for any business. This is because the management of business has to allocate time and resources to recruit and train new employees often. These resources to recruit new employees could be used to expand the business instead. The biggest challenges business face today especially the retailer business is attracting and keeping the new graduates. Thus, the managers of these businesses must come up with ways that will attract the new graduates. One of the ways managers can attract new graduates is by training them on the job. New graduates have ...

Question 1

The U.S. policy toward Mexico over Texas and the Southwest during the 1840s was primarily motivated by the need to fulfill Manifest destiny and the nationalistic ambition to expand the boundaries of the United States. The Manifest destiny was a strongly held belief that the entire American continent was pre-ordained for the Americans and hence, had the obligation to fulfill this destiny. At this time, James K. Polk was the US president, and he had primarily intended to negotiate with Mexico over territorial expansion without necessarily going to war. His decision to wage war against Mexico was thus driven by ...

Introduction

The term macroeconomic is described as a branch of economics, which deals with the relationship among aggregates components of the economy such as the gross domestic product, inflation, and the unemployment level, among others. This paper will inspect the present state of the United States macroeconomics elements and its implication to the international trade. In essence, the speech centers on macroeconomic components and mainly focuses on international trade and foreign exchange rates.

A surplus of imports into the United States has both the positive and negative implications. The group that benefits from such an import surplus is mainly the consumers ...

It has been noted that much of what we know about consumer behavior is from actual shopping behavior rather than the contrived experiments and laboratory tests. A lot of information has been obtained on why and how people shop, what draws their attention and involvement and their purchasing decision making process. This assignment was an opportunity to demonstrate this part of market research and test what we have learned about market behavior. The trip was to the Mayfair Mall located in Victoria, British Columbia, Canada. Mayfair Mall offers a number of retail products and store ranging from clothing, shoes, health ...

In a world where each person wishes to pursue his or her self-interest and maximize their satisfaction, having ethical boundaries becomes extremely important. Similarly, a business environment requires a set of ethics so that each person’s rights are safeguarded, and people are not subject to treachery, fraud and physical / mental harm. Many of a times, certain ethical decisions need to be taken, but it means that the organization would have to forgo some short term profits. Complying with ethical standards can offer significant benefits to the organization; firstly it builds a positive organizational culture which translates into a favorable public image for the ...

In the recent past, I have been observing the changing economic trends in Africa with great concentration on how African countries have been trading with international nations. The trend has been rapidly changing with a great shift from Europe to the Asian continent. The European countries have always held the greatest share of the Africa’s imports and foreign direct investments. Additionally, a significant percentage of the African countries’ grants and external debt is accounted to European countries. The major trade partners are United States, United Kingdom and Germany. However, the latest invasion of African resources by China is a concerning trend ...

Each industry has certain barriers to entry that limit the number of competitors in the market and enable control. There are basically four barriers to entry including ownership of resources, copyrights, restrictions by the government and the cost to start-up the business. In the discount retail industry, the overall threat of the entry of new competitors is relatively low as compared to the other retail industries. The biggest reason is the high barriers to entry in terms of competition, capital and investors. The retailers in this industry have global presence with hundreds of outlets in the chains. They specially ...

Introduction:

- The major point is that during the early stage of emergence of commercial and imperial activities Britain was not privileged to be amongst the beneficiaries due to the fact that Portuguese doing exemplary good.
- Britain was forced to watch as Asia and Portuguese made it through Europe and brought back the desired goods for the wealthy people in the continent.
- Portuguese caravels dealt with exotic goods such as silks and spices that got a remarkable sale in Europe making Britain to envy the success. This success is contributed by the fact that the goods got ...

1) Introduction

Morrisons is the UK’s fourth largest food retailer and own more than four hundred stores. The company deals mainly in food and grocery. Morrison constantly strives to develop a strategy based on market anticipation, is most profitable and is always customer-centric. The company makes sure to protect and serve its major objectives in the long run viz. ‘increasing efficiency’, ‘capturing growth’ and ‘driving topline’ (Strategy and Culture, 2013).

Of late, Morrisons, one of UK’s largest conglomerate has been facing difficult times. It is now facing very tough competition from competitors such as Tesco, Sainsbury and ...

1 (a). Study by Koutsoumanis et al, the survey on time-temperature conditions of the Hellenic pasteurized milk’s chill chain, the data were gathered through the exhaustive survey of temperature and time conditions during transportation to the storage at retail and domestic storage.

The truck’s temperature during transportation had mean of 6.7 and 6.5 median, making the average temperature of 6.66 °C and 2.0 h standard deviation (Koutsoumanis et al, 2010, p.2). The time of transportation is measured with weibull distribution model which is a fully parametric model. Weibull distribution is a more generalized form of the exponential (Wahingtom et ...

Currency exchange rate is a country’s currency expressed in foreign currency’s terms. This is affected by the forces of demand and supply in the currency market. Currency exchange rates are essential whenever making investment decisions. Investors tend to invest in countries where the exchange rate is high as in so doing their returns will be maximized. The investors also use the exchange rate for speculative purposes when carrying out foreign exchange market transactions. For instance in instances where the exchange rate has been increasing the investor will be able to speculate a future increase in the rate. Various factors ...

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 run ...

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 ...

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 lights been well ...

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 loss ...

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 whose connections ...

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 ...

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 ...

- 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 guidelines for ...

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 are becoming ...

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 company’s property ...

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 a ...

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 regions. This issue ...

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 ...

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. The ...

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 ...

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 nervously but when anybody ...

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 have ...

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 ...

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 agricultural crops ...

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 in Manhattan. ...

Compare and Contrast between Paper Book and Kindle Ebook

Amazon’s kindle EBooks have penetrated the book retail market making a huge impact in the publishing industry. Given that the book retail market were solely controlled by a paper book industry until several years ago, the debate of which between the two is better has been brewing ever since. As a result, this essay will compare and contrast between the two. This will enable the readers make an informed decision in choosing between the two the next time they want to purchase a copy from their beloved authors.
Several issues can be addressed when comparing utilization between the two. These include ...

The Empire State Building is a 103-storey vast skyscraper. It derives the nickname from New York, the Empire State. It has been the world’s tallest building for about four decades having a height of 443.2 meters with an antenna spire included at the top of the building. From the time of its completion (1931) it has been a world’s trade centre and now its role of trade is being overcome by it's becoming watch towers, architectural building, a landmark and point of interest for observing ships, aircrafts and other features from a top (Tauranac, 19). It is being converted to a romantic site ...

Introduction:

Pennsylvania was among the thirteen English colonies. It is currently a state in the United States of America. The capital of Pennsylvania is Harrisburg and it borders Maryland, Ohio, New York, Delaware and West Virginia. When the European settlers came to this land in the 17th century, they found that around 15000 Indians occupied it. The Indians who lived in this colony were from three Indian tribes including Delaware, Shawnee and Susquehanna. The English, Swedes and Dutch struggled and fought to occupy this land. The English won the fight and took control over Pennsylvania. The trading posts of the Dutch ...

The day September eleventh, 2001 will be a day individuals won't overlook for the rest of their lives. On that morning, planes were seized from Newark, Boston, and Washington. The primary occasion of the terrorist assault was at 8:46 A.m. in Manhattan, New York. At this point a seized plane flew into the north tower of the World Trade Center (Greenberg). The highest point of the north tower was loaded with smoke and flares. The individuals close to the World Trade Center were totally shocked and had their attention gotten right when the first plane hit. "Countless individuals saw the ambushes ...

John Bessant and Joe Tidd developed the 4Ps model of innovation; this model is built on the hypothesis that there must be a positive change associated with the innovation in order to be successful (Reinartz & Dellaert et al., 2011). Innovative change can take place in four categories in an organization: product, process, position and paradigm innovation. Within the last two years, there have been several changes in the retail industry. It is a large industry that covers long chain of processes where the behavior of the shoppers have high influence. The most significant change has been brought by the mobile technology ...

Martha Stewart and Her Crime of Insider Trading

Martha Stewart was charged with conspiracy, making false statements to authorities, and obstruction of justice as well as criminal securities frauds since she attempted to prop the stock value of her firm. These actions are considered very unethical since they only aimed at benefiting her and the entire company while neglecting other many people needs and demands. Even though she had good intentions for her company as well as business with the aim of avoiding unnecessary losses, which could result into a total downturn. This has resulted to heated debated since free markets support such actions while the opponents disapprove ...

Imperialism can be defined as a global system of domination. During colonization, the European powers divided among themselves the third world countries to be their colonies for the main purpose of trade, slave trade, and raw materials among other major reasons. Britain was the most powerful European country and its dominion was magnified by the extent of their colonies. The picture in this context involves some of the British officers displaying part of thee hundreds of ivory and bronze taken from the royal palace after they invaded the city of Benin and brought down the city to their advantage.
...

Slave trade lasted for centuries within Africa; nonetheless, expansive slave trade started around the 16th century. Primarily, the purpose of Trans- Atlantic trade was to supply cheap human labor to the plantation economy of the developing western hemispheres. The captives were seized in interior Africa, then they were transported on either on down rivers or on foot to the sea for transportation.
Slave trade began as there was a loss of Portuguese interests in the fabled mineral deposits and moved their interest to the slave trade, where slaves was more readily available commodity. Also, new world empires were expanding, ...

GLOBALIZATION IN THE AGE OF AFRICAN EMPIRES

Rooted in the economic sense of the word, modern-day globalization referred to free trade and the free movement of goods and services across national boundaries sans the imposing burden of duties and taxes that inhibit the free exchange of goods and services in markets the world over. In its broadest economic sense, modern globalization was viewed to be the outcome of trade (especially import) liberalization, deregulation and privatization. Competitiveness of local products was supposed to be strengthened by protectionist economic policies, which proved detrimental to the interests of people because of complacency on the part of local industry to ...

[Institution’s Name]

Introduction

Effective strategies includes pricing and promotional strategies as well which are more than essential for the companies to bring effectiveness in particular. Among number of companies which experienced heavy competition, the name of Charles Schwab & Co. Inc is one of them. The main perspective of this assignment is to analyze the competition stance of the selected company according to a given case study.

Analytical Framework

Charles Schwab and Co Inc was basically a CSC principal subsidiary which provides securities brokerage and financial services to its clients. The company had 6.1 million active accounts of their customers and had 304 branches ...

Why are trade barriers so common in the global market? How have free trade policies been promoted by developed countries since 1950s? and How have free trade policies been promoted by states since 1950s.
Trade barriers pertain to restriction and conditions of legal nature that would encourage proper means of trade. In turn discourage all other means of businesses and trades that are counterproductive and not in the spirit of the global businesses and market operations. Other purposes of trade barriers are to bring about uniformity in operations, provide for clear rules of engagement and standardized operations and ...

American imperialism can be simply put as the military, cultural and economic influence by the United States of America on other countries. Imperialism can also be termed as the expansion of a certain country into foreign territories through military conquest. The first American Imperialism was in the year 1890 when the American started to practice what they termed as imperialistic policies of the Europe (Janssens 23). Before 1890, United States was against these practices condemning Europe of these practices and fighting against them in wars.
In 1896, America was seen to take over Hawaii. This was sparked by the ...

International Trade and Foreign Exchange Rates

International Trade and Foreign Exchange Rates
Trade surplus or deficit is usually used to analyze international trade. Speaking about U.S. economy, one need to use surplus of imports only, as the balance of trade this year in January was minus 38702 million dollars, meaning that the US imports goods more than exports (“United States balance of trade”, 2014).

Firstly, this is industrial machinery and equipment, at $731 billion. Almost a half in the category is crude oil ($313 billion). Also, fuel oil ($46 billion), petroleum products ($50 billion) and natural gas ($9 billion) is essential in it. Large amounts ...

Abstract

A trade-off is a situation in which for one to gain something, one must forego something else. In the case of trade unions, the union members always have to pay those working for them in the union for them to receive the expected services. This trade off by the union members is of great benefit to all the involved parties. Unions are an important sector of an economy as all workers cannot entrust their welfare to the hands of their employers (Tillman and Cummings, 1999).
The trade-offs by the workers are of great importance to, not only the workers, ...

The scandal affected many parties that were either directly or indirectly involved in the meat supply and retail. The involved parties include Tesco supplies, the supermarkets, Ireland food standard officials, liffey Meats and Silvercrest Meats suppliers and customers. Tesco supplies, as a business, have to be careful of the products they sell to customers. They are partially responsible for the pig and horse in the burgers. The Irish officials also have to explain why supply of wrong type of meat passed their attention. The meat suppliers would have to explain where the pig and the horse meat came from in ...

The infamous Middle Passage refers to the period of the slave trade where many unwilling Africans were forcibly transported across the Atlantic. This period marked numerous enslavement, torture, displacement and murder as they were chained and slammed in small spaces during the voyage. The Middle Passage marked the brutal and cruel phase of the trade marking a dark chapter in both American and African history.

Slavery in Africa

Similar to the other continents, African had their own form of slavery, even before the intercontinental slavery began. This was one part of the society’s economic structure, but the extent and treatment of the ...

Corporate Finance

Deciding the appropriate capital structure of the company is an important decision and it relates to finding the best combination of debt and equity in such a way, so it maximizes the market value of the firm. Eminent Researchers, Modigliani and Miller have contributed at large in proposing two of theories relating to conceptualization of capital structure, namely, Trade Off Theory and Pecking Order Theory.
Trade Off Theory: The theory asserts that as Debt financing allows deduction of interest cost associated with it, it is relatively cheaper source of finance for the company and because it do not lead ...

Trade Barriers and Policies

Trade Barriers and Policies
Trade policies are set of rules and regulations that concern trade in every country. Each nation has their own policy when it comes to trade in which the country’s public officials are the ones who formulate such policies that they think to be the most appropriate for their nation. The purpose of these policies is to ensure that the country’s international trade will run smoothly through setting both clear goals and standards. In various regions, many groups of nations are working together so as to create a mutually beneficial rules and regulations. However, ...