Commodities Literature Reviews Samples For Students

Definitions of Terms

A supermarket is a big type of grocery store that offers self-services. It has diverse varieties of household and food items that are organized into walkways. The size is larger and wider than grocery store, but it is smaller and more restricted in the choice of commodities they sell than a hypermarket (Blythe, 2008). A discounter is a smaller type of supermarket that offers its services and products under a subsidized price as compared to the indicated process. The services however are like those initiated at the supermarket the only difference coming into play through prices. A customer under the supermarket and discounter ...

Introduction

Economists most often use elasticity to measure the variation of variables like price, demand and supply of certain categories of products. By managers having the knowledge about the price elasticity of demand for the company’s products and the factors which influence it, this will offer them a great competitive advantage and this will lead to increased profits and market share (Genchev & Yarkov, 2010). Price elasticity of demand is defined as a measure of the rate of response of the quantity demanded due to a change in price. The formula to calculate this is: give as Price elasticity of demand = Proportionate ...

Executive Summary

There have been many proven supply chain management models that preoccupied the minds of manufacturing plant owners since the dawn of the industrial age. There is the traditional way and there is also various specialized way of supply chain system management. In this paper, the author delves on the Build to Order (BTO) model of managing a supply chain as opposed to the traditional one, focusing on the possible upcoming trends on the industries that rely on this production scheme, and on the future of the Build to Order supply chain system management as a whole. A thorough investigation in the ...

Karen and Arjun understand that political ecology studies the complex relationships that exist between political, economic and social factors which influence environmental issues and changes. Therefore, political ecology majorly politicizes environmental issues and phenomena to bring about the aspect of costing and its benefits and how these affect environmental changes distribution. This field as received numerous contributions from various scholars who believe that the accumulation of resources or wealth is generally influenced by the interplay of economic exchanges and their implication on the environment. According to Karen Bakker in “Golden Road to Riches” she believes that the economic geography ...

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Topical Summary Assignment.

Industrial Ecology.
INFORMATIONAL ABSTRACT.
For various commodities to be produced, raw materials have to undergo various processes in their specific industries until the final output is produced. This process takes place in industries. Industries need to regulate their manufacturing processes so that they take part in maintenance of the environment since lately it has been noted that the key factor destroying our environment is the industries through the manufacturing process. The emissions from the production of these commodities by the chimneys of factories pollute the air by releasing dangerous gases into the atmosphere. These ...

Abstract

This paper seeks to explain the views by the various literatures about the value of information. Information as seen exhibits some characteristics which include expandable, compressible, substitutable, transportable and diffusible and as such this paper will explain the characteristics of information. Information in the economy is considered a distinctive good and its unique features can be seen in the basic consideration of costs. The paper will explain the explain information as an economic good and the paradoxes that are brought about by the analysis of the economy. Also information services are regarded as a public good as most of its qualities ...

Smith’s Labor Theory of Value posits that in the early and rude state of society, prior to the emergence of capital and land appropriation, the value of a commodity can be measured only by the amount of labor needed for its acquisition. In other words, in the exchange of goods that are free, their value is ascertained by the amount of labor necessary for their production.

This is supported by Ricardo who suggests that commodities that possess utility and scarcity are, in themselves, valuable where their value is dependent on the capital and labor used for their production. As ...

The Cost of Education

Introduction
The cost of education has spiraled higher in the recent past, and this trend is not surging down anytime soon. However, the impacts of the high cost of education have restricted a majority of academically potential students in the cold as having no chance to compete for some top-rated Colleges and Universities. Notably, the middle-class has been hit so hard by the rising cost of education since they are not capable of funding their children’s education in the prestigious Colleges, and at the same time not so poor to have the necessary merit for the education subsidies. ...

EDITORIAL RESPONSE ON A.G. HOPKINS - GLOBALIZATION IN WORLD HISTORY

Introduction

In Hopkins’s first edition, he chooses to focus on Globalization and brings out the importance of varying histories to Eurasia and Africa. Moreover, he brings out the modern version of America and the diversified ways that people appear to understand it.
In the second volume, he attempts to put up some level of uniqueness that can be embarrassed by other higher learning institutions. It is through it that many levels of expertise are portrayed such as economic and intellectual history. In these collections, essays are discussed and in ...

Is the process of Globalization harmless for the planet and it's population?

Overview
With the technological advancement in the contemporary world, the process of globalization has gained moment raising questions regarding its impact on the planet and its population. Globalization is political, economic, and social phenomena that explain on the increased integration of the global society, especially in the economic integration (Gangopadhyay and Chatterji, 2005, 57). Some studies show that although globalization is an essential process in the modern world, the process involved is controversial. According to Dauvergne (2005, 371), some scholars argue that the process is the source of ingenuity, progress, and cooperation of the future world and enhanced the ...

LITERATURE REVIEW

Literature review
When in the MSDI conference that was conducted in the late 1980s and at the beginning of 1990s, the concept of brand equity was discussed then participants agreed that there are two sorts of brand equity that includes financial brand equity and consumer based brand equity. Financial brand equity is related to the value of the company as it the brand of the consumer is treated as an asset. However, the consumer based brand equity (CBBE) is related to the value of customers because the brand adds convenience in the lives of customers (Cant, Strydom & Jooste, 2009).
...

Introduction

A literary review is any work that is designed to analyze or scrutinize some critical areas or points of knowledge, often subjectively, using certain theoretical and or methodological principles . In this case, what is being written is a literary review about two literary works that share the same theme. The theme or more specifically, themes, that will be focused on in this paper would be Race and Ethnicity. There are a lot of literary works that are centered on the themes race and ethnicity written between the early 20th century and the early 21st century, a gap of almost a hundred years. It ...

English

My major is economics. Economics is a long debated topic as it is treated as both a social science as well as science. Economics is called as social science when it studies behaviour of groups, organizations and individuals where they can manage the use of scarce resources to produce some valuable thing. It's important to understand that economics isn't future telling. If we will consider an economic model to a point to predict future, then we will definitely fail. The meaning of economics is to establish the better source for growth.
My thesis statement is just one line, I don’t ...

Bitcoin is term that was not well known in the last four years. It was a term that was only used by few people over the internet. With time it is the term that the world has come to know as the first world’s completely decentralized virtual currency (Buttyan & Hubaux, 2001). This currency has become the largest economy compared to some of the economies of the smaller worlds. Bitcoin also abbreviated as BTC reached its high note in 2013 April with a value of $260 just from pennies in the previous years. Currently, the market value of BTC is valued ...

INTRODUCTION

Inflation has been described by economics in various ways. A simple description of this condition is a reduction in the value of money of a country. An underlying cause of this is imbalance between the quantity of goods and services and the volume of money in circulation in an economy. Increased volume of money in circulation with respect to the goods in the economy causes inflation.
Hyperinflation is considered an extreme case of inflation. Many economists only regard it hyperinflation when the rate of inflation is at least 50% per month or 1000% per annum. Most hyperinflations are caused by ...