Good morning ladies and gentlemen, my name is ____________. I am delighted to have this opportunity to talk about the basics of international trade. We shall consider some scenarios of international trade like what happens when a country has a trade deficit, the effects on GDP and exchanges rates and a few other issues that affect our economy.
This reliance on imported goods negatively affects the local markets. The markets of locally produced goods dwindle in the face of stiff competition form the imported goods. This eventually leads to low production of the local goods ...
Trade Creative Writings Samples For Students
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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 to ...
Abstract
This paper will discuss the reason why national brands sell their products to private labels and the importance of national brands in comparison to private labels in international markets.
Earlier, Private labels used to be the moniker of lower quality and cheaper products. Most of the retailers used to promote them as they were considered the engine of growth as all private labels had greater profitability and higher margins despite the low scale investments. The technology used for manufacturing private labels has dramatically increased overtime and most private label retailers have upgraded with relegation of low-quality products and ...
Introduction
When one looks at the North America and Southeast Asia, there are various unique things that these two continents display that create incessant curiosity. An ambitious person will therefore start to explore these two regions and try to come up with something that will quench their inquisitiveness. In this paper, this study will compare and contrast North America and Southeast Asia and particularly look at the cultural differences and similarities of their populations. As the paper will demonstrate, people of these regions exhibit cultures that in some cases are similar and in others different. In both cultures it can ...
1. Describe the political economy of commodities trading in 17th century Amsterdam. Explain the particular economic navigational challenges for Miguel Lienzo:
Between the 16th and 17th century, economic reforms were not bereft of controversies. Misfortune struck Antwerp, the most renowned merchandizing city that ever was in the trading world. The special entity status passed on to Amsterdam and remained until the second half of the next century-18th. Between the last quarter of 16th century and first decade of the 17th century, Amsterdam’s commodity trade suddenly emerged as metropolitan and cosmopolitan in genre. Amsterdam surged ahead consolidating and ...
First of all, it is important to understand that the United States was initially founded as a confederacy. This means that the founding fathers sought to give more power to the people and the states and not the federal government. I am therefore taking an antifederalist with a loose constitutional approach in my interpretation of the Enumerated powers clause, the Necessary and Proper Clause, the ninth amendment and the tenth amendment. First I will begin with the Enumerated Powers Clause. This Clause gives Congress specific powers like the control of interstate commerce, which includes taxation, control of the military among other ...
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International Trade Relations
Introduction
Trade restrictions are export or import barriers created by nations, against the principles of a free trade economy, to protect their industries and consumers. Such restrictions can be posed in the form of tariffs or non-tariff protection policies. Tariffs are duties or fees levied against import or export of a particular economic good. Non-tariff protections policies include anti-dumping policies, fixing import or export quota and restrictive licensing.
The company I work with is a multi-brand retail chain that is contemplating to begin trade in India. The objective of this paper is to understand the types of trade ...
Wal-Mart is a multinational retailer corporation. It is a business operation where people are offered great discounts in the goods that they buy. Most consumers love it since they highly benefit while suppliers hate it since they feel like they are being suppressed. This concept has brought a lot of change in America’s economy. Due to the cheap prices Wal-Mart has highly attracted people. This has led to the growth of this retailer’s corporation.
McDonaldization is the process of division of labor. A certain task is broken to smaller tasks that are easier to workout. Division of a task results in ...
Currently, the business is pursuing the unrelated diversification strategy, the products All-terrain recreational vehicles, color televisions, Luggage, and Writing instruments have no direct connections with each other. The company is operating within the US, and the CEO has decided to expand the current business to international market. The CEO also wants to change the corporate strategy; related diversification is the new expected strategy. The decision is satisfactory, but the implementation requires some analysis.
As the company produces four unrelated diversified product and it will be difficult for the company to carry on with all of them in the ...
Derivatives - DB1
Future trading is a kind of investment involving speculation of commodity price movements in the future. The commodities in question vary and the trading is referred to as speculative paper investing. This implies that the investor does not hold the physical commodity but a paper called a futures contract. Like any other contract, the futures investment has expiry dates. Future trading is a lucrative business opportunity for organizations and individual investors. This is because it can be used by organizations to avoid market risks as well as currency risks.
There are many benefits that can be derived from futures markets. When a firm invests ...
Assignment
Describe the concept and importance of branding. Explain the effect of retail branding on customer relationship
Branding is a concept that is used by the organizations to effectively utilize the marketing strategies of a company to enhance the image and identity of products and service offered by the company so that the customer is able to retain the product design, logo, image and concept and return to the purchase of the particular item. Branding helps in enhancing the product quality and image recognition in the mind of target customer and the concept helps in providing the certain guidelines that should ...
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Abstract
International business has gained popularity recently as it helps companies to expand their business and generate greater profits. The objective of this paper is to analyse a company’s global operations and its competencies. It also analyses impact of economic and political policies, use of technology and globalisation on firm’s performance. McDonald’s has been selected as a company for this analysis. The paper analyses the use of comparative advantage, economies of scale and differentiation strategy by the company to gain competitive advantage. It also discusses the impact of economic like trade restrictions and labour laws, and political ...
(Reforming the financial systems)
Introduction
The term financial crisis is mainly applicable to situations where certain financial assets suddenly lose a large part of the nominal value. Through the crisis, the financial institutions equally lose value and become incompetent in the local as well as international financial markets. Financial crisis is a major cause of economic crisis where the economy experiences a downturn in liquidity as well as unpredictable inflations. However, when the financial crisis occurs several things may be done as a solution but the reformation of the financial system is one of the actions that may be undertaken. ...
Business
A Personal Business Plan: Verizon and Verizon’s TAP
My personal business plan takes into account the dreams I have for the future based on goals I have set for myself concerning my education and work experience. Focusing on a personal business plan has given me an opportunity to explore the opportunities that the Verizon Company offers for employees. I am particularly interested in Verizon because the company offers not only tuition payment assistance but also a career path that allows promotions from the lower level to the highest level. This is the way I can move from an entrance position ...
My name is Archibald Jones. Throughout my lifetime I lived through a ton of advancements in industrial production. I’ve ever heard some people call it a revolution – an industrial revolution. I’m not sure I’d go that far, but from when I first moved into my farm and to where I am today, I can tell you, things have changed a ton.
I never got along that well with my father, so when I got word that my grandfather had passed away and that I’d be able to take over his plot of land out in ...
Recent U.S. BOP Performance: Is the Sky Falling?
In the case, the sky is falling has two theories that involve the statement that US economical industries are non-competitive in the international market and foreigners are taking the step of buying assets in the US which are valuable and making a country a debtor in the history of world economy.
In this condition, everything seems so wonderful from the top, which also has a meaning, that foreigners are much fascinated with the US market’s future prospects. It also depicts the democracy of economy that the investors are eagerly investing in US ...
Zhang Wei remembers the day he landed in America very clearly, it was a chilly winter day and everything including time seems to have frozen. He was anxious to see his father, Zhang Xiuxing who had traveled by sea a year earlier. He was only 16 when his father left and old enough to step into his father’s shoes. One year had flown by, and today, he would be leading his mother and his sister to the Promised Land that their father had prepared for them. He was sure that his father would be proud of how he had protected ...
After considering a number of options, VW decided to consolidate its production for all North America in Puebla. The decision served in the right direction toward ensuring that the firm maintains its operation in this region. Consolidating production in Puebla is advantageous to VW due to the relative low cost of conducting business in Mexico. In addition to projected increase in cost efficiency and volume growth in the medium term, Mexico offered a more viable option as compared to the United States. VW market in the US is small with dwindling market share while in Mexico, VW is the market leader. ...
Introduction
The city of New York is a state in the United States of America. It is located in the North-Eastern United States. It has many nicknames which include “The Big Apple” and “The Empire State”. New York City is a fast paced city. It is famous for setting global trends in fields such as the arts, culture, fashion and finance. It is also home to iconic landmarks. These include the Central Park, the Empire State Building, the Statue of Liberty and the Times Square. The city of New York is also the most populated city of the United States. ...
History students would agree that the working population’s challenges became more noticeable during the late eighteenth and early nineteenth century in Europe and America as compared to any other period in time. France relied on the close-by weave frameworks and corporate solidarity of working artisan trades. Nonetheless, urban growth did not stop bringing together traders with a much experienced way of doing trade leading to the reality of which a couple of specialists has judged it as a way of creating class and taste around French workers. History shows that a social affiliation inside trade bundles cannot speak to uprising in the ...
Regarding Competitive Intelligence Practices
Regarding Competitive Intelligence Practices
Upon my hire as Director of Security, a request was made for the review of the practices of the Competitive Intelligence Unit of the corporation. The present report provides the results of this review and recommendations for action related to its findings. A central component of this report is Table 1, which summarizes the competitive intelligence practices currently ongoing at the corporation. These practices are grouped into three categories: white, grey, and black. Any practice which is blatantly illegal has been automatically categorized as black. Action recommendations for each of the practices, ranging from continued ...
Introduction
A company should have a strategic marketing plan in order to deal with the dynamic and turbulent market environment. The marketing mix, market segmentation and positioning and distribution channel strategies should be measured to assess whether they are assisting the company attain their revenue targets (Barlon, 2006).
Marketing Mix
The marketing mix of a company is made up of four things, that is the price, product, place and the promotion. The company keeps checking that its marketing mix, product, place, promotion and product are tailored to meet the needs of the target customers.
When it comes to the promotion, the company considers ...
Maureen O’Herin
English 1A
Should the Minimum Wage be increased?
Minimum wage can essentially be described as the hourly wage rate set by the law, and it exists to ensure that people who work can earn enough compensation to support not only themselves but their families as well. The idea behind minimum wage has been in existence in American since the late 1800s and the early 1900s when the trade unions were formed and started agitation for better pay for workers from different professions. Since then, there have been various changes to the minimum wage over time, with the ...
Re: Entry Level Enterprise Small Business Sales
In response to your organization’s online posting of job offering for the position of an Entry Level in your Enterprise Small Business Sales division, I am hereby applying for the said position which is deemed based in Mountain View, California. Based on my educational background as a Business Management degree holder with a strong alliance and patronage for Google’s applications, I believe I am qualified for this entry level role.
A review of the responsibilities including the need to address customer inquiries; working with marketing personnel; achieving sales targets; monitoring customer feedback; and recommending areas of improvement through creative and ...
1) What were the Milgram Experiments and what did they demonstrate from their results?
The Milgram experiment was done to make out the time a person can take an order prior to them querying that order. With an objective anchored in the chase of profit, Enron workers were continually asked to break laws or execute acts that may perhaps be regarded as depraved. A small number of Enron workers ever came onward to report the dishonesty. The aspect that unavoidably led to individuals stepping forward was a "sinking ship" sentiment, resultant in a few Enron management officers selling their shares whereas ...
QUESTION ONE
Introduction
Africa is very dynamic in culture which has a rich history in arts. Considering the dynamic status in the African culture, the African art took a very different direction in that because of the different cultures, there were different considerations in their arts. Precisely, every culture or ethnicity could be possibly having its own art. In this paper I will take I to account some specific objects and may be practices that were evidenced in specific African communities to try establish the African art.
In Africa, there are some objects that are used for religious purposes. The fetish ...
Most businesses should engage in e-commerce on the internet. Do you agree or disagree with this statement? Explain your position.
I concur with the idea that contemporary corporations should embrace e-commerce. Indeed, the emergence of portable electronic devices that use the internet has created many opportunities for online business. Therefore, the internet is a vital tool in making businesses more profitable and productive. Research indicates that e-commerce on the Internet helps in cutting down business expenses as it eases communication and marketing while streamlining business activities (Albright 34). Moreover, the internet allows businesses to communicate more efficiently with clients, ...
The overall aim of every investor is to make a profit. There are various investment tools that are designed to meet the specific needs of the investor. Thus, depending on the investment goals and objectives, an investor can opt for an investment option that best suit his needs. There are both long-term investment and as well short term investment tools. The long-term investments are generally considered to be investments that an investor wishes to hold for a period of more than one year. On the other hand, short term investments refer to the investments that are likely to expire ...
Definition of Human Trafficking
There are many definitions of human trafficking; one of the best ones is given by the Department of Homeland Services: “Human trafficking is a modern-day form of slavery involving the illegal trade of people for exploitation or commercial gain” (DHS, 2015).
Why is Human Trafficking a Problem??
- Annually, millions of people are trafficked all over the world that includes developed countries.
- According to estimates, human trafficking tens of billions of dollars for traffickers per year
- After the crime of drug trafficking, human trafficking is the second most profitable type of transnational criminal activity.
- Human trafficking mostly end up remaining hidden, and ...
It is often said that the ability of the United Kingdom to influence the foreign nations in its own interests has been weakened. However, there are still many ambitions and the UK is one of the most active countries on the international arena (Bell, 2016, p.17). There is not that much reliance on the military force, but the influence is achieved by means of the soft power via the institutions that make the country attractive. The term “soft power” was coined by the American political scientist Joseph Nye in 1990 and basically means “the ability to achieve goals through ...
Event Development
The proposed event will be called ‘Retrospect Offline at Ruffner’, which will be simply referred to using the acronym ROAR; its slogan will be ‘Alive Offline’. The purpose of this event is to gather several young people between the ages of 18 to 25 to review some of their past decisions away from the pressures of the digital world, mainly in the form of social media. One ESP of this event is that it will offer those in attendance an opportunity to meditate in the quietness of the serene environment available at Ruffner Mountain. In addition, once the participants ...
Business Network
Abstract
Over the last decade, the competitive business environment has seen significant changes. Corporations use business networks instead of traditional marketing methods. High-tech companies and large industries have a challenge of aligning their management to suit this new trend. The management has to look far beyond regular clients and suppliers, into a complex web of companies establishing research and development networks, reliable supplier’s web and ambitious partnerships. SMEs are also adopting and implementing the business coalitions in their operations just like their large corporation counterparts. The goal of business networks is to enhance competitive advantage and draw closer ...
Terrorism is the greatest menace against humanity and threat to modern civilization. Globalization has brought in overall prosperity and development to the world. This has facilitated ease in transportation across international borders, communication between remote locations through access to internet and wireless phones, and international fund transfer electronically. Terrorists have used these facilities to strike at faraway places. Terrorism has not remained confined to a region and has spread globally. After 9/11 terrorist attack, United States along with its allies have declared war against terrorism. Answers have been prepared based on these perspectives.
1. The Revolutionary Armed Forces of ...
I had the opportunity to take a family friend for lunch yesterday in exchange for an insightful discussion about the small business that she started, ran for a couple of years and sold. Below are the questions that I asked her, and a summary of what I learned from her answers.
Question 1: what made you decide to open your own business? What made you think you had what it takes to be able to do this?
The entrepreneur told me that it was her dream during her twenty five year corporate career to leave all the politics behind and ...
The use of bitcoins
Bitcoin is a form of currency that was created in 2009, and which is not issued by any central bank. The transactions that are made using this currency do not have middle men which imply that there is no use of banks. Bitcoin transactions do not have transaction fees, and a user does not need to provide real names. There is no physical bitcoin, but rather computers are used to create them. All those computers that create them form a network that serves to confirm the transactions that are made with bitcoins, without the help of MasterCard, Visa, or any local bank. ...
Introduction
Logistics management is an essential part of any manufacturing or trading organization’s success ratio; the basic function of logistics management is to supervise the movement of goods and services from one place to another by different means of transport such as sea, rail, air or road. Logistics management is a critical part of the supply chain management that plans, controls and executes the effective, efficient forward and reverse flow and storage of goods, services and necessary information between the point of origin and the point of destination, in order to meet the customer’s needs (Importance of Logistics, 2012). ...
- Coordination of the various logistics activities can be achieved in a variety of ways. Within the context of logistics organizational structure, explain each of the following:
- Process-based versus market-based versus channel-based
Process-based, market-based and channel-based are all generic strategies in the logistic. Under the process-based approach, logistics is managed as a collective of activities and a value added chain. It focuses on the efficiency in all logistics activities such as purchasing, inventory and manufacturing among others. The market-based need partial group activities in different business departments. It focuses on the interdepartmental cooperation when carrying out various tasks. These ...
The interest rates for the central bank of Kenya have had different faces since 1991 with the rate changing as the economy of the country keeps on shifting from worst to best. At the moment, the exchange rates in Kenya stand at 8.5 percent as compared to that adopted by the Federal Reserve System (FED) of America which stands between 0 and 0.25 percent. From the year 1991 to 2014, the average exchange rate for Kenya is 14.62 percent. Kenya recorded a record of 84.67 percent in July 1993. At this time, the FED was enjoying the exchange rate of ...
Internet Assignment
I did not encounter any difficulties in logging into either site. I just typed the address and googled the sites. For the second website, I had to log in through Facebook. On both websites, there are visible attempts requesting people to donate or contribute to the party.
The purpose of the Democrats is to build an economy that lasts. The resultant economy should lift up all Americans. The Democrats are working to advance issues like job, creation, education, healthcare, and clean energy. The website provides links that direct visitors to information about the party, the people who form its ...
Education Reform
Jean-Jacques Rousseau
Inequality is an inevitable truth of our society. We see inequality everywhere, whether it’s between rich or poor, powerful or suppressed, strong or weak. What bothers Rousseau is that how and why such inequalities evolved in our society. The very first question that strikes of ‘Jean Jacques Rousseau’ is his question about inequality in two terms those are natural and political. He asks in the very first part of his work of ‘dedication’ that, he states that how equality is natural, and inequality is man-made, something that is introduced by men. Further talking about equality, he ...
Yemen is Arabic name AL Yaman. This name is driven from its geographical location which is on the southern part of Arabian Peninsula. This name also means grace and blessing according to the Yeminis traditions. Yemen is in the southern part of Arabia is referred to at Happy Arabia. Yemen is an ancient country where the name Happy Arabia or Arabia Felix was used in 10 centuries BC during the times of Queen of Sheba. It was one of the fertile land that was irrigated by the dams built long time. This is a country that has been mentioned in ...
When one asks the question: what is crime? He or she can prepare for many answers, the truth is what was not a crime yesterday can very well be a crime today; therefore a universal answer would be anything that the authorities governing a geography location deems illegal is a crime. Crime comes in different categories from felony to misdemeanor.
Felonies are characterized as violent crimes, crimes that inflict pain to another’s body: murder and assaults, including domestic violence and assaults committed with motor vehicles; sexual violence; and mental violence. Physical crimes-crimes that inflict pain or death on another person’s body, ...
Abstract
In this essay, an emphasis is given on the problems that come with the situation of drug abuse, such as the increase of criminal activity, the spreading of diseases, both by dangerous behaviors, like the needle sharing, and by sexual contact as sexual favors, or promiscuity.
Special attention is given to heroine as being plausible as the most harmful for society, not only because of its relation with the problems discussed earlier, but also because of, within the disease spreading one, being especially severe in terms of potential needle sharing situations that many times infect users with HIV, ...
Introduction
France is one of the nations of the world which are known to have a rich history in the socio-economic sector. The last 30 years have seen the nation stabilize in its economic structures to become one of the major world economies. The success of the nation’s economy is based on the four factors which determine the current world economy which include the business strategies, government policies, economic theories and the organizational structures (Hill, 2008). These factors have affected the economic development in the nation as described below.
Analysis
The government has played a major role to propel France to ...
Trading Issues and Basics of Forward and Future Contracts: DB2
Derivatives provide investors with the opportunity to create wealth in the future. Besides being very secure investments, these financial instruments provide investing firms with a good mechanism of hedging multiple currency transactions. Many companies are now embracing derivatives as one way of securing their future financial stability and strengthening the company’s hedging policy on currencies.
Difference between contango and backwardation markets
A contango market is one where prices of futures are set higher than the expected future prices. Therefore, the prices of futures in this kind of market decline gradually until they reach the expected price level just before the date of delivery. On the ...