Essays on Downturn

Two distinct set of financial reports are used in managing a company, one made by Financial Accountants and the other by Managerial Accountants. These reports are aimed at the company’s external stakeholders such as investors and creditors and are prepared for each quarter and at the end of the financial year and. The format and content of these reports are laid down in laws such as the SOX (Sarbanes- Oxley) Act and in accounting regulations such as the GAAP (Generally Accepted Accounting Principles) and the IFRS (International Financial Reporting Standards). Financial reports become comparable across companies. Managerial accounting ...

Investing In Saudi Arabia Market

Investing in Saudi Arabia market Introduction The Saudi Arabia economy has for long been driven by the performance of the oil market. The entire economy has also been primarily managed by the government leaving little room for the private sector. The existence of many government bureaucracies has also in the past hindered the development of the private sector. The strict Islamic culture has also been a challenge for the operation of the business from the open economies. The period 2003 to 2013 marked one of the largest oil booms in the history of the country. The oil prices in ...

CHAPTER II

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

Credit Risk Management

Commercial Loan Market Commercial loans are debt arrangements agreed upon by the lender (business) and borrower (financial institution) to cover operational costs or fund business projects. During economic downturn, financial institutions are cautious of their lending and consequently import strict regulations that force borrowers to pay a higher interest rate. The agreement between the lender and borrower in the market is documented in a “credit agreement.” In credit risk management, the most important components of the agreement describe the covenants, the security requirements, priority of payments and events of default.

Segmentation of Commercial Loan Market

Financial institutions use credit rating to qualify borrowers based ...

The main goal of the state at all stages of its development is the stabilization of the economy. At the present time, the state actively uses the tools of intervention in the economy. The main 2 types of state intervention in the market economy include fiscal and monetary policies. Fiscal policy has been a key policy tool in addressing the aggregate demand consequences of the financial crisis in the United States. (Follette & Lutz, 2010)

Objectives of fiscal policy as any stabilization (countercyclical) policies aimed at smoothing cyclical fluctuations in the economy are to ensure:

Stable economic growth; Full employment (primarily a solution to the problem of cyclical unemployment); Stable price level (problem of inflation). (Strauch & Hagen, 2000) Fiscal policy ...

Financial recess is never a novel term. Depressions have always hit the financial system of the world, and the latest recess America is most likely not the final one. Nonetheless, many issues worked together to make the recent U.S crisis the worst financial recession since the global downturn. These factors include failures of market, weaknesses in the execution of policy, as well as macroeconomic problems. The primary concept, which had controlled economic thinking for many years, was that markets functioned. The appropriate prices often get a buyer as well as a seller. Besides, millions of sellers, as well as ...

General Motors is one of the world’s major automobile manufacturing companies with well-accepted brands such as Chevrolet, Buick, Opel, GMC, Holden, GM Daewoo, Wuling, Vauxhall and Cadillac. The company’s largest markets are the United States, Brazil, the UK, China, Canada, Germany, and Russia. In 2009, the Japanese automobile manufacturer Toyota exceeded the number of vehicle sales for GM to become the leading auto manufacturer in the world. This success can be credited to a number of factors among them the Kaizen concept which is essentially a company culture observed at Toyota (Helper & Henderson 2014). This trend is ...

Introduction

Starbucks Corporation is a company founded in Seattle, Washington in 1971 and is a premier retailer, roaster and marketer of specialty coffees around the world. (Annual Report 2015) In 2015, Starbucks reported a staff of approximately 180,000 employees over 19,760 company licensed and operated retail stores in over 60 countries worldwide. Roasted and handcrafted high-quality and premium coffees, tea and fresh food items as well as other beverages make up their product mix.(Annual Report 2015) Starbucks also sells coffee products and tea, as well as licenses its trademarks through multiple other channels like grocery, licensed stores ...

1.0. Introduction Every business is exposed to small and big risks in its internal and external business environment and risk management strategies are directed to eliminate, avoid, or manage these risks. An effective mechanism for risk management ensures the long term survival, growth, and profitability of an organization. The importance of risk management is peaking in the modern business climate that is much more characterized by uncertainties and risks than its classical form. Financial institutions, as well as all other types of organizations, are also faced with certain threats within their business life, and several of them, if not ...

Abstract

Two options are discussed in the paper in relation to mitigation strategy of economic downturn. One strategy was the cutting of jobs i.e. mass layoffs and other option was to cut salaries. It is observed that in the U.S. (individualist culture), the norm is to adopt mass layoffs strategy and in Japan the strategy of pay cuts is used. However, in the U.S. some big companies used the strategy of pay cuts. Mass layoffs help the companies to increase productivity and morale with high profits by not cutting the salaries and terminating the employees. On the other hand, pays ...

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Introduction

High rates of unemployment are referred to one of the biggest economic concerns in the United States. The number of unemployed people increases substantially in the periods of economic downturn. As Stater and Wenger (2013) ascertain, “the national unemployment rates averaged 9.5 and 9.0 percent in 2010 and 2011” (p. 2). The unemployment rate serves as an indicator of “a community’s socioeconomic deprivation as well as its social disintegration or disorganization” (Singh & Siahpush, 2016, p. 9). This indicator is strongly associated with income inequality as well as levels of poverty across ...

1) Which were the primary causes of the Great Depression? According to Walton and Rockoff, an acceptable explanation for the Great Depression has to distinguish between the initial forces, which brought a downturn in financial activity, and later events, that turned a downturn into a calamity. We can detect two issues on the economy that foreshadowed the real slump in economic activity. First, there was a decline in the construction industry that began 1925, that had a significant impact on the depression. Second, the agricultural sector suffered greatly, with falling world prices and massive indebtedness (422). Walton and Rockoff ...

requirement for the award of the degree

BA (Hons) Fashion Management

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THIS WORK HAS NOT BEEN SUBMITTED FOR ANY OTHER ASSESSMENT ”. “ I WOULD LIKE TO THANK MY SUPERVISOR, , FOR HER GUIDANCE THROUGHOUT THIS DISSERTATION. I WOULD ALSO LIKE TO THANK THE DESIGNERS SELECTED ON PROVIDING ME DATA AND SPENDING TIME ANSWER MY QUESTIONS THROUGHOUT INTERVIEWS AND THOSE PARTICIPANTS FOR FOCUS GROUP FOR TAKING PART ...

Abstract

The period of economic recession impacts significantly on the nature of the organizational learning strategy. According to a survey conducted by Personnel Today, in 2009, economic recession affected the learning and development strategy by 59% globally (Personnel Today, 2009). Economic recession is usually a long duration of economic decline characterized by low output, unemployment, a decline in the availability of credit, reduction in the level of trade, and fluctuations in currency value. These challenges affect the ability of industries to manage their human resources (HR) effectively. In particular, the period of recession affects the ability of the management to ...

The Australian Worker’s Union is the oldest and largest trade union of the country. The Australian Trade Union was founded in the year 1886 due the revolution of the Australian Mining Industry. It is estimated that the Union has around 100,000 members all across the country. The trade union works as a mediator between the employees and employers to solve all problems related to employment. Another function of the Australian Worker’s Union is to maintain a healthy relationship between the employers and staffs. The Australian Trade Union grew with the popularity that becomes a regulating body, ...

The prominence of the US as a world’s superpower has been shaped by a series of historical events. Most of these historical events greatly influenced various policies that informed how the country engages with the international community and how to handle national issues that confronted the American citizens. Some of the events that shape the US foreign and local policies include;

The great Depression (1929-1939)

The Great Depression was the world’s longest economic downturn in the world.Zinn reiterates that the Great Depression started in the United States in October 1929 when the stock market crashed. The condition sent panic among investors ...

Asia pacific company, just like any corporate body, at the time is facing financial constraints. The economic times are hectic and therefore the company management has to ensure that the depreciating economy does not take a toll on the operations of the company. Therefore, to come up with a quick solution, the top management under the company COO holds a meeting. The meeting settles on having the company employees’ salaries being cut by 10% and get the company to improve sales by 10%. The global management committee therefore left the announcements of the new developments to John Saxon who ...

Commentary A: The Effects of a Slowing Chinese Economy on the World

Last year, the Chinese economy reported a 6.9% growth rate for the economy overall (The Economist Staff 2016). For all intents and purposes, a 6.9% annual growth rate is immensely healthy; a country like the United States generally experiences a significantly lower growth rate for a number of reasons. However, the United States is considered a developed nation, while China is still in the developing stages of growth (Qi 2016). However, despite these respectable numbers, some economists are quite alarmed at the current situation in China—and some have even begun to draw attention to the slowing Chinese economy ...

International Financial Markets: Impact of the global financial recession on our lives

Introduction The financial crisis of 2008 through affecting economies sent important impact on the lives of the public. In result of the crisis, many people had to face layoff and higher living costs. The purchasing power of people decreased. However, the inflation increased, people had to make more efforts and spend more times to keep their household going (Hossain et al. 24). Greater uncertainty contributed to the level of stress and per person workload increased in offices and responsibilities at home increased as well because the downturn resulted in new patterns that contributed to job losses and increased prices ( ...

Abstract

The labor market in the United States has changed significantly over the years because of the changes in the global market and the impact on the work force in the country. The changes have led to diversity in the way people live and work. For many people, the loss of jobs causes structural changes in the ways that people live as these people are no longer able to finance their way of life. Mortgages also have been affected by the changes in the labor market and people have now become more aggressive in securing their homes. In addition, the ...

Transforming Taiwanese Economic structure in the 20th Century

Taiwan is the 17th largest global economy, 14th largest exporter and 16th largest importer, and also the third largest economy to be holding foreign exchange reserves, that are more than 180 billion US dollars. In the second half of the 20th century, Taiwan witnessed increased agrarian output because of the land reforms that were initiated, under the Chiang Kai shek’ rule. The 1960s saw a creation of export processing zones with attractive incentives for foreign investors. There was a gradual shift in emphasis from agriculture to technology because of several advantages that Taiwan presented in the international markets, and ...

Effects of Cote d'Lvoire and Globalization

The effects of the Globalization phenomena can be felt all around the world. Globalization is interaction and subsequent integration of people, countries and organizations driven by information technology infrastructure and aimed at bolstering international trade and cooperation on common issues. Without denying the innumerable good it has done to the nations of the world, even to Cote d'Lvoire, there is no disputing that there has been allot of harm brought upon this nation. In this manuscript, it shall be revealed that globalization has not been good for the people of my country.

The History of Cote d'Lvoire

Pre-colonial History There is little information in ...

Introduction

There have been cases of corporate scandals in the recent past including the Enron, Tyco, WorldCom, and Global Crossing to name a few. These scandals fueled concerns regarding the financial reporting standards not only in the USA but also in economies where the financial markets tumbled as a consequence of the news of such scandals becoming public. These scandals arose because of weaknesses in internal controls and lack of independence by external auditors. For instance in the Enron, case, the external audit firm known as Arthur Andersen was criticized for lack of independence both in fact and appearance. The ...

1.0. Introduction Russia is rated among some of the most developed and fastest growing economies of the world. The country is enriched with natural resources of which oil and gas are the most worth mentioning (Alexeevand Weber, 2013). This paper sets out to investigate into the growth of Russian economy. Initial section aims to briefly overview the current trends relating to GDP growth, which is followed by the identification of chief characteristic of economy (i.e. overheating or unemployment). In a later part, the impact of economic downturn encountered a few years ago on the Russian economy and the government’ ...

The United States of America Maritime company under consideration is the company Matson, Inc. The most important companies of maritime transport of the world have headquarters outside the United States of America. A.P. Moller-Maersk is the most important company in the world according to its annual transport capacity of 2.8 million twenty-foot containers, its headquarters are in Copenhagen, Denmark. The second company is Mediterranean Shipping Company from Geneva, Switzerland with a capacity of 2.4 million twenty-foot containers. The third company is CMA CGM from Paris, France with a capacity of 1.6 million twenty-foot containers (Moggomcom, 2015). Matson Inc. is ...

1. The article "Oil Supply-Demand Imbalance Will Dissipate Painfully Slowly" was produced by Gaurav Sharma and published in the Forbes Magazine in August, 2015. The article seeks to explain the current supply-demand disequilibrium in the oil market analyze the causes of such significant imbalances. The first key point discussed in this article is the tremendous oil price downturn which took place in the past year. The author suggests that despite the general and global turmoil in the commodities sphere and considerable price fluctuation in the majority of other markets, particularly in the industrial metals and precious metals markets, disequilibrium ...

Impacts of Economic Downturn on Children’s Well-being

Impacts of Economic Downturn on Children’s Well-being

Abstract

The study of the relationship between the economic disparities and its influence on children has become an important area of study. Research shows that economic downturns such as the Great Depression have significant psychological and physical impacts on the well-being of children of age 9 years and below. Some of the documented psychological impacts of such economic downturns on children include: Engaging in aggressive behaviour, consumption of alcoholic products, vandalism, anxiety or depression as well as poor academic performance. Furthermore, individual family financial challenges have also been associated with certain negative ...

1.0. Introduction China is regarded as one of the strongest economies around the globe. Especially, within past three decades, it has gained massive impression through its rapid economic growth. It is not very long ago when China’s GDP crossed the figure of 14% and overtook several of well reputed economies of the world (The World Bank, 2015). Basing on this tremendous performance, majority of economists and analysts did not haste to forecast it to be the world’s strongest economy by the end of 2025 an indication of which is also given in the diagram given in the ...

The case “American Tools and Die” presents a scenario in which Vince Broft (the father) and Kelly Mueller (the daughter) make apply different decision-making approaches. Kelly and her father face an unprecedented challenge to ensure that their family’s company survives the economic downturn. According to Kelly, the strategy is to ‘adapt or die’ and she is adamant to see the company survives. She wants her father to be creative so that AT&D avoids being bankrupt. However, Broft does not seems convinced by Kelly’s decision to move the company to Mississippi because this would result in 195 employees ...

In the earlier years, Russia was one of the countries with the richest economies. The most valuable resource in the country is energy, which contains almost 30% of the world's natural resources. The worth of this energy is estimated to be around $75.7 trillion. Additionally, the country has an abundance of oil, various precious metals and natural gas, which contribute a greater percentage of the country’s exports. In 2012, the revenue collected from the oil and gas sector contributed 16% of the GDP and over 70% of the country's exports2. However, the Russian economy has faced a rapid ...

The case looks at the plan of action of Better World Books (BWB), the US based online book shop. Established in 2002, the organization gathered old and new books from people, book shops, recyclers, libraries and universities. Aside from gifts, libraries and universities likewise sold old books to BWB. BWB either gave the gathered books to the associations advancing education or sold them on the web. By giving and offering utilized books, BWB kept away a large number of pounds of paper waste from and fills. The books that did not offer were reused. BWB additionally had a Carbon ...

Abstract

Executive Compensation is too high in almost all cases. This level of compensation affects all the levels of the company as there is a great disparity in the level of CEO compensation and the other employees of the company. In some cases employees have been let go because the CEO is the first to receive the large salary. Executive compensation is determined in some cases by the competition. Consultants are used to extrapolate the compensation at various companies and relate it to the other CEO's as an effort to level the playing field. However many times a consultant uses ...

The paper will focus on economic approach of examination of two different jurisdictions over the oil reserves in two different countries. The comparison between Alberta and Norway in the oil reserves will be made. First the approach of each country will be presented and basic statistics. What effect did policies had on the recent downturn in oil prices and which policy and strategy can better work on the long turn will be answered. The difference between the countries is in the ownership. Norway natural resources are in the majority the property of the government and in Canada the ownership ...

Write a summary and critique, based on readings.

Summary The global trade witnessed a big downturn due to worldwide lack of demand for investment products and merchandise. A major decline in demand took place between different quarters of 2008 and 2009. It was massive if a comparison made with three other downturns since World War II. Monthly data of the OECD from 1965 to 2009 shows November 2008 as worst hit period since a major downturn demand took place (Baldwin). Real trade data of all member states of world trade organization shows that exports and imports got a substantial hit between 2008 and 2009 though not as ...

Abstract:

Forecasting is an important aspect in airline industry that enables airlines to manage airport operations effectively. The enhanced competition forces airlines to decrease the price and high load factors allow charging high fares. In managing all such factors forecasting plays immense role. Air cargo is the most energy intensive transportation mode and in order to keep the prices lower accurate forecasting is important. Predicting an exact level of activity for particular future time is challenging, accurate forecasting enables airports to develop their full potential therefore different demand forecasting techniques have been developed. Ti has been encountered that due to ...

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EXECUTIVE SUMMARY The Citibank is the banking division of Citicorp that was founded in 1812 as the City Bank of New York. It is considered to be the third largest bank based on their total asset size. Citicorp is the Citigroup’s global bank that provides its services for businesses and consumers and also represents its major franchise. Citigroup is a multinational financial services and banking corporation located in Manhattan, New York City in United States of America. The Citigroup was formed with the help of one of the largest mergers ...

Executive Summary

An American research group has presented a latest review "Global Recruitment Market Report 2013 Edition" in its gigantic pool of research reviews. The staffing industry differs significantly from one nation state to another with the Japan, United Kingdom and United States displaying the highest level of disintegration (Rogers, 2013). The staffing industry is categorized into professional and general employment industries. General employment that contains low experienced, low salary blue collar workers has a greater share in comparison to professional employment that contains more experienced, more salary white collar workers. North America exhibited the single largest industry considered in terms of earnings ...

Introduction to Business

- Advantages and disadvantages of Mc Donald’s ringing up sales in so many foreign currencies worldwide

The advantages of Mc Donald’s operations in so many regions include the ability of the company to face the economic downturn as it may affect some regions of the world, while the otger regions of the world may remain unaffected with the economic downturn or may be less affected. At the time of the US economic recession, the company benefited from the increase in sales in the Asia region that balanced the loss in sales in the US region.

The company has the ability to adapt itself to various tastes of customers in different regions of the world. ...

Company Overview

The Harley Davidson, Inc is a manufacturer of motorcycles in heavy weight category. The parent company consists of Harley-Davidson Motor Company (HDMC) and Harley-Davidson Financial Services (HDFS) . It offers a range of 30 models through a network of 1,600 dealers spread across six continents. It also provides retail and whole financing through its HDFS, primarily to dealer and customers. Recently, the company has reported an increase in its revenue to $5,311.71 million for the fiscal year ending Dec 2011. This is an increase of 9.31% over the previous year, which is 2010. Its operating profit has also increased to $ ...

Just the same way as music plays a significant role in Native American culture, art has a very special place as well. Native Americans have traditionally used art as a way of expressing their culture for many years. Most of the art was created as a symbol such as eagle, bear, walrus, or people. On the other hand, the Victorian art depicts the cultural belief of the time about romance and beauty.

In native American art, basket weaving served as a very popular form of artwork that served two functions. Cornhusks and reeds were woven together to make complex baskets. The finished basket would ...

1. Explain the Naturalization Acts of 1790 and 1870.

The act of naturalization of 1790 was the initial effort by the congress to develop an immigration policy. The act constrained naturalization to white individuals who were free and of decent character and had initially stayed in America for a period of two years. The 1870 act on the other had been an initiative by the congress to widen the laws of naturalization in the country so that it could permit the naturalization of African-Americans.

2. How do we explain that the majority of 19th century immigrant groups achieved social mobility while more recent immigrant groups have not?

Most immigrants of the 19th century attained high levels of social mobility as compared to immigrants today. In present day, there are dissimilar rules and ...

Halloran metals company. This company was among the largest two independent regional service centers in the northeast US having seven locations in deferent states like New England, New York, and Pennsylvania. It is believed that in the period of 36 years of it foundation, the company had grown to sales of $170 million and an operating profit of $6 million. This company was privately owned with a network of metal service centers across the northern United States through buying metals like primary steel and aluminum in plenty or bulky form. This company has its president known as Warren Hansen ...

1. Joint ventures can be very unstable if the partnership is not properly established. For a company like GE, with a large amount of income to invest in new partnerships and new strategies, it can certainly be beneficial to build their own venture from scratch as a greenfield venture (Business Leadership Management, 2015). However, when GE was utilizing acquisitions and greenfield ventures, the economy was a very different animal than it is today. Today, the economy is much weaker than it was in the years prior to the 2008-2009 downturn; risk in the marketplace needs to be carefully considered and avoided by most ...

John Maynard Keynes is considered one of the greatest economists of the 20th century. He wrote the General Theory of Employment Interest and Money. Sheehan considers it the most important contribution to economists in recent history. He proposed policy prescriptions for saving the capitalist system from both the scourge of communism and saved it from itself. His contribution aided in driving policy after the Great Depression and the economic downturn of the 1930s. He furthered the idea that the free-market had no solutions to the sustained economic downturn. The old ways of reducing interest rates and old policy prescriptions ...

Introduction

TaTa Motors has been a successfully diversified car company in India since 1945. In 2012, they were the number one in revenue for Indian car manufacturers. They quickly lost ground though, and had lost even the number three spot by 2014. While the economy is partly to blame for some of the issues which caused TaTa motors to so quickly decline, there are many other issues which added to the bigger problem. The purpose of this paper is to define the problems which TaTa motors is facing, analyze their causes, and to make recommendations as to the actions that ...

According to the report of the National Center for Children in Poverty (NCCP), there are 1.5 million children or maybe more who suffer homelessness Children who are brought up in poverty face extraordinary experiences that involve social challenges, critical stressors and healthcare issues. Most of them do not often behave differently, but they encounter day-to-day overpowering challenges, some of them are seriously affected. This paper is a discussion about the different implications on how children with different family economic factors, socioeconomic status, and challenges behave differently when faced with homelessness. Poverty of which results to being homeless is generally ...

The lack of interest in General Motors, Chrysler, and Ford (Big Three) in performing on the small cars market through innovative and competitive new products led them to losing market share, registering lower sales, losing their leading spots and facing bankruptcy (Bennett, 2013). Because of their lack of competitive edge in the small cars market, the Big Three were overpassed in North America sales by the Japanese competitors (Bennett, 2013). Another causes that produced the general effect of the decreasing sales figures in all three companies on the United States territory mostly was the advancement of the financial crisis ...

The adventure of Countrywide Financial Corporation in the American mortgage market implies a sinuous evolution, marked by the legal and illegal exploitation of the U.S. loaning legislations, which affected both the beneficiaries of the loans and the American overall economy. The organization has taken advantage of various market situations to boost its presence in the mortgage and subprime mortgage markets, being nevertheless itself the victim of the real estate market collapse that it caused historical losses, putting CFC in the position of being sold to Bank of America for avoiding bankruptcy (Eastburn, 2011). Achieving rapid growth in United States ...

Introduction

The case study by Rebecca Henderson and Cate Reavis, entitled What’s Driving Porsche? Is an investigation into the current realities for the Porsche car company (Henderson and Reavis, 2009). Porsche has made some significant changes in recent years, ceding control and gaining control within certain parts of the automotive industry; the purpose of this report is to give a thorough discussion of the changes that are occurring in the automotive industry, particularly the luxury automotive industry, and examine how these events have affected Porsche as a company and as a brand. The transitory nature of the automotive industry branding tactics have ...

Introduction

Globalization has opened up borders and rendered it possible for globally competitive companies such as Khmer Foods Group (KFG) to leverage the best that this new reality presents. However, mounting global operations necessitates managing difficult geopolitical, regulatory and cultural challenges, which, fortunately for KFG, should not be a challenge, given the company’s long experience and high standards. This report gives a detailed account of Brazil’s business environment, and assessment of its suitability for KFG’s purposes. The report includes an analysis of the economic, political, legal, cultural and ethical factors relevant to KFG’s possible operations in the country, ...

How do children with different family economic factors, socioeconomic status, and challenges behave differently when faced with homelessness?

Records reveal that there are 1.5 million children or maybe more who suffer homelessness (nccp.org). Children who are brought up in poverty face extraordinary experiences that involve social challenges, critical stressors and healthcare issues. Most of them do not often behave differently, but they encounter day-to-day overpowering challenges, some of them are seriously affected. This paper is a discussion about the different implications on how children with different family economic factors, socioeconomic status, and challenges behave differently when faced with homelessness. Poverty of which results to being homeless is generally an urban occurrence, thus far children are living in ...

Abstract

A change management plan is created for a possible information technology (IT) and enterprise resource planning (ERP) upgrade at a high-level medical technology firm. These changes are the result of a recent downturn in employee morale and productivity stemming from a recent economic recession. However, the upgrade is intended to provide a suitable means for productivity to be further streamlined and increase worker morale, using a number of change management strategies to implement the change. Resistance to change is addressed, and strategies include Kotter’s 8-Step Change Model, Lewin’s change model, the technology acceptance model, and others. The result is a successful and soundly-created change ...

Introduction

Canada has over time been attracting a high number of immigrants each year. This number has also been increasing each year (Reitz, 2005). About 20% of the country’s population is made up of foreigners. Based on the data from the Organization for Economic Co-operation and Development, the annual immigration flow of the country is now one of the highest among the OECD members. For example, in the year 2011, the country received some 249,000 new immigrants, which was more than the number it received in 2010 (281,000). The two main cited reasons for this immigration are job ...

The United States is facing gradual economic growth with large downside risks. The causes of the economic downturn in the US are attributed to the 2007 financial crisis when the nation experienced a housing bubble burst. Another root of downturn of the economy in the US is the sovereign debt crisis. This is so because the countries such as Greece are asking for assistance to finance their debt, which is affecting the US economy and the world economy. The fear is that this would take the United States economy to a low GDP level. Since the US is the leading economy, ...

Brazil is the largest country both in the Latin and South America regions. It is also the fifth biggest country both by population and geographical area in the same region. In addition, it is the seventh largest economy in the world but, it is still classified as a developing nation. The country is one of the BRIC group. BRIC is an abbreviation for Brazil, Russia, India and China. These are emerging economies that have demonstrated superior economic development. They are also the fastest growing economies in the world. Brazil’s national development bank is a major player in the country’ ...

Introduction The United States is facing an increase in economic competition, in the new global economy. It is in the State of Michigan that fluctuations are intensely felt and thus affecting the living standards of the residents. The residents are experiencing an unprecedented period of job loss and economic upheaval, with the end nowhere in sight. As manufacturing industries decline and manufacturing jobs disappear, it is becoming increasingly clear that, for the estate and the country to thrive, individuals in Michigan must cultivate the knowledge-driven, entrepreneurial sectors of their economy, particularly so-called "high technology." Michigan’s has developed ...

__ March 2014 - Executive Summary Aware of the challenges in the industry and competition scenario in the back drop of economic uncertainty, this business plan provides crucial competition and marketing strategies that will enable the company achieve its objectives. With these business strategies, the company is projecting to grow revenues by an average of 36% per year based on its existing portfolio of clientele and potentially new ones within the business and government sectors. The average return on equity is about 29% while debt-to equity ratio is maintained at an average of 0.47, and current ...

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 major determinants ...

Question 3

“Why was the economic depression of the 1930s so severe? Outline its causes and discuss its effects, both economic and political, with reference to two national economies. Consider also the question: would the ‘Great Depression’ be possible today?” A depression is an economic state that results from a lengthy period of adverse economic activity as measured by the GDP. Therefore, it is a prolonged and severe downturn in the economic activity. Increases in unemployment, diminishing output, reduced commerce and trade, a drop in the available credit, bankruptcies as well as sovereign debt defaults, and sustained volatility in the currency values are ...

In deliberating about economic issues, economist agrees on particular goals, which include economic growth, decrease in the unemployment rate and low inflation. In order to attain these goals, the federal reserve can take action via fiscal or monetary policies. Fiscal policy concerns taxes and spending while monetary policy involves the supply of money and the level of interest rates. Therefore, when either of these policies is not implemented properly, it can result in an economic downturn as reflected on the last year of the Bush Administration. The last year of the Bush Administration experienced an economic downturn because ...