Essays on Economic Slowdown

(Diapers and Wipes for Babies) In the present rapidly changing business environment, companies have to implement different changes and innovations to remain competitive. Such changes may refer to all the companies’ operation. For example, it may be necessary to add new products to the general product list of the organization in order to remain profitable and expand presence in the market of the certain country or region. As such, in the healthcare industry the company can develop some new products that relate to the consumer healthcare goods. This essay is devoted to the opportunity for GlaxoSmithKline to start manufacturing ...

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 ...

The sale of cars in China is on a decline, and the end of the country’s booming automobile industry seems to be on the verge. China has been the world’s leading car producer, and the country’s rapidly slowing economy is now dragging the vehicle demand along (Kwok, 16). Analyst project that car sales growth is expected to bump along an average of just five percent annually in the next ten years as China’s weak economy takes its toll. Over the last couple of years, China’s economy has been on a double-digit growth and as ...

Definition of Binary Options

An option is a derivative contract where an investor possesses rights to purchase and sell assets such as commodities, foreign currencies, and common shares etc . There are two types of options like traditional, regular or vanilla options as well as binary or digital options. The market dynamics and mechanics for options contracts are same in every economy. The only difference relies in the manner in which options trading is regulated in each country. In derivatives, binary option represents a trading form where traders or investors predict movement in the prices of underlying assets, commodities and securities etc. The word “ ...

Introduction

The city of Cambridge, known for its culture, heritage and the numerous institutions of excellence attracts a large number of tourists from across the world. This globally renowned centre of higher education has been the home of great thinkers and scientists for the past 500-600 years and has made immense contribution in shaping up the world that we see as it is today. This is the place where atom was first split, neutrons and electrons were discovered, the renowned theory of evolution was coined by Charles Darwin and Sir Isaac Newton discovered gravity . The University of Cambridge, which has ...

Introduction

Over the years, tourism has developed as the world’s fastest growing industry and hence the largest sector for most economies. Accordingly, it has become one of the extensively implemented development strategies within national and regional sectors, repressing effective, and for other countries the only means of obtaining social and economic development that is considered elastic. However, at the same time, it can prove to a casual observer that tourism, as well as tourists, has increasingly become exposed to risks, disasters and crises that have often threatened the tourism industry. To some extent, this has contributed to negative impact ...

Schultz’s love is a feeder, and compassion a breeder.

Winning millions of hearts, he emerged as a leader. In business, heads are preferred to hearts as, it is believed that commercial brains can generate more revenue profit and, on the contrary, an affectionate heart does not do any good to the balance sheet of a company. This is true but only in the short run. The companies, in the long run, need loyalty of its employees, who will stay only if they feel cared and valued. By his impressive results, Mr. Howard Schultz, CEO of Starbucks, has proved that nurturing emotions of people not only drives profits but ...

Introduction

Brazil is a BRICS, emerging economy. Having achieved solid growth in over a decade (but showing signs of economic slowdown in 2014-2015), Brazil has pull and push factors as an international, investment hub. The country has one of world's largest middle class, a common pattern for BRICS block and positive factor for consumption and driving growth. Latin America's largest country, economically and geographically, Brazil has major natural and labor assets making investment a more viable option. Being a major commerce partner in BRICS and beyond, Brazil offers access to markets well beyond country's local and national markets. The expanding ...

Capstone Project: Healthcare Administration

Introduction

Capstone project also called culminating project, the capstone experience, senior exhibition, and the likes. It refers to a multifaceted assignment serving as the culminating intellectual and academic experience for students during the final year of the academic course being pursued. It resembles a very great extent a college thesis, but capstone project has a wide variety of forms. The most common feature is the handling of long-term investigative projects culminating in a final presentation, product, or performance. Usually, students are to choose a topic, a social problem or profession of their interests. They conduct researches on subjects selected, maintain a portfolio of the results or ...

Abstract

This report will discuss the varied, ever changing film industry with a motive of seeking a career path in the industry. Based upon primary and secondary research and first hand experiences of interviewed professionals from the industry, the job role and career path as a director will be explored. Considering economic, social and technological factors, film industry’s future trend will be assessed.

Key Aspects of Filmmaking

The film industry is largely a combination of institutions that educate about filmmaking and its allied areas, organizations, production companies, professionals with various skill sets like acting, screenplay, script writing, directing, etc. One common activity is making movies or motion ...

Sociology

Illegal Immigrants in the United States of America can are the classic victim of media stereotype emanating out of the classification of immigrants into various criminal categories on account of strict anti-immigration laws. The social perception social construction resulting from such perception concerning a particular group of people possessing homogenous features is the function of the prevailing economic, political and sociological conditions. As and by way of illustration, in a worsening economy, when jobs are few and far off, the government adopts protectionist policies and consequently makes the strong anti-immigration laws. This might not be the case in a thriving economy where jobs ...

Introduction

Glorious Hotel (Glorious) is a small family run hotel located in the popular ski resort of Leysin Switzerland. The hotel is currently run by the third generation of its founders. The hotel focused on a niche market of skiers who visit Switzerland every winter. Rather than just being a hotel that offered boarding services, it also had a small spa to cate to the needs of the hotel’s visitors. The hotel also had a small bar that also accepts visitors who do not used it boarding services. With a boarding capacity of just 40 rooms, the revenues of the hotel were limited. However, since ...

Introduction

Nandos is a fast food chain that is based on recipes that is connected to Portuguese explorers who acquired spices in different parts of the world, including Africa and the Far East. The fast chain commenced operations in Johannesburg, South Africa in the year 1987 and it provides various chicken foods and other recipes that are prepared according to fundamental Portuguese cuisine systems. After Apartheid ended in South Africa in 1994, the restrictions placed on South African businesses were lifted and Nandos was set to become a global business. Nandos now has branches in Europe, North America, Asia, Australia and other ...

Business Description, Memo and Proposal

The report on the hair industry in the Dominican Republic identified key trends in the market. With regards to consumer behavior, the female population in the country dedicates significant part of the budget to hair treatment products. However, the economic slowdown in 2013 reduced the surplus income, resulting in rationalizing of the budget. The implication is that unless women were able to acquire the products are a relatively inexpensive price, these trends in consumer behavior were bound to change. This would in turn affect the profitability of the industry. As such, the purpose of this project is to investigate this ...

Every organization works with a plan, which defines where they want to be and how they intend to get to that point or status. The same applies for Starbucks, an international coffeehouse that applies the strategy for growth and development. The 5 P`s strategy involves pattern, position, perspective plan and ploy. Starbucks began its operations in 1971 in 50 American states and 43 counties across the globe. Through the growth process, the firm has won several awards such as the “Most Admired Company” and “100 Best Corporate Citizens (Husain, Khan, & Mirza, 2014).” The awards issued in different periods indicate ...

Forecasting a Speedup in Growth, the Fed Again Cuts Bond Purchases

Quantitative Easing Program of Federal Reserve Bank: The article discusses the decision of the Federal Reserve Bank to taper the bond buying program and its effect on the US economy recovery and its other macro-economic decisions. The Federal Reserve took the much expected decision to cut down the bond buying program by another $10 Billion a month, restricting the bond purchase activity to $45 Billion a month from May, 2014. In response, the Federal Reserve declared that it was looking past the economic slowdown during an unusually cold winter because growth already was rebounding and with growth activity picking up ...

Executive summary

Australia for many years now has been banking on a progressive economic growth and has not faced a serious recession. However due to the changing global scenarios and its major dependency on the continually slowing Chinese economy, it is facing a decline in its economic growth rate and the situation is likely to be more unfavorable in the near future. This paper will discuss who the slowdown In Chinese economy is causing to impact the growth of Australian economy. It will give an outline of some of the major areas of dependency of Australia’s economy on China. The report will further ...

BUSINESS REPORT: THE AUSTRALIAN ECONOMY

China is currently the second largest economy in the world which has witnessed massive economic growth in the last decade, however, the rate f economic growth in the country has gone down in the last two years and this has had direct effect on other countries such as Australia. This paper aims to show how the economic slowdown of China has affected Australia. The paper also aims to show how ten Reserve Bank of Australia uses interest rates to stimulate economic growth and finally, the paper aims to explore some of the policies that the new Australian Labor government ...

Opportunities

Marvel has various opportunities which it should take advantage of to enhance its performance. The first opportunity is online services. Lately, investing on use of online is one of the factors that are making a big difference when it comes to competitiveness. The company should focus on online marketing and distribution to expand its market globally. The second opportunity is associated with innovation. With innovation, it means that the company would be in a position to produce products that addresses the needs of the customers, which keep on changing from time to time. The third opportunity is venturing into financial markets. ...

The industry has also embarked in massive airline partnerships in their sale of tickets to enable easier provision of services to over wide distances as they collaborate with various other airlines to cover more travelling distances. This makes it easier for the constantly increasing number of travelers to have their needs catered for. Since the airline’s image had taken a beating due to the culture prevailing in the organization, particularly among pilots, the carrier decided to go in for a revamp of its HR policies, according to experts. As a first step, the airline brought about a change in management. Chen ...

Introduction

The purpose of this paper is to explain the concepts of strategic planning, tactical planning, business policy, innovation and change management through an examination of a student’s response to an MBA-level assignment. The premise is that a student’s answer to strategic change and innovation by citing self-scanner checkout terminals in a British supermarket is a wrong example of the concepts under question. This paper seeks to provide the correct answer by defining these concepts and then providing the correct business framework for the question asked.

Strategic Planning and Tactical Planning are two concepts that are closely related because both refer to ...

The Chinese have long been accused of manipulating their currency to further serve their economic gains. The rest of the world, perhaps understandably, reacts badly to currency manipulation, as it is seen as the equivalent of “cheating” in the game of international economics. China is often reviled by the rest of the world because, unlike many other countries that pay lip service to traditional economic and political conventions, China has a tendency to act without thought to conventions. Even American presidential candidate Mitt Romney accused China of “cheating” at international economics and declared that if he became president, he would ...

The article that will be reviewed in this essay is “China: How its slowdown will affect the U.S.”. Pine talks about how the economic slowdown will impact the U.S. economy. He points out that in the second quarter of 2012, China registered a growth rate of only 7.6%. This figure is a sharp decline from the usual 10% to 12% growth rate which China has experienced since 2008. Although the slowdown is not enough to bring the U.S. to recession, it will still have an effect in the U.S. economy, and for that matter, the global economy too . China is such a ...

‘Of mice and men’ is a well acclaimed by novel by noted American novelist, John Steinbeck. The author is recipient of several reputed awards including Pulitzer and Nobel awards. The novel was published in the year 1937 and narrates tragic story of two workers who in search of employment visited place to place during the great depression of America. The portrayal of common people, their problems, and their life is done in an effective manner. This paper intends to discuss the novel, ‘of mice and men’ along with discussing several other related aspects. Curley, who is son of the ...

Abstract

The question which defines this extended essay “How will Nike´s growth strategies be successful in improving their financial performance by 2015?” In May 2010, Nike, Inc. Unveiled its growth strategies and initiatives for achieiving sustainable, long-term growth, with a revenue target of US$ 27 billion by the end of 2015. This is the consolidated target of Nike’s business lines that include the Nike brand, Cole Haan, the Jordan brand, Nike Golf, Umbro, Converse and Hurley. From this revenue target, the company believes it can achieve a US$ 12 billion cumulative free cash flow from operations until 2015.

Mark ...

Background

The Russian Federation is the 11th biggest economy of the world in terms of nominal gross domestic product, with about 142 million people living in 6.6 million square miles of land. Russia’s gross domestic product for 2011 is estimated to be about US$ 3.05 trillion, the 6th largest GDP – Power Purchase parity in the world according to the International Monetary Fund (2012). Russia’s market economy is one of the fastest growing in the world, and according to KPMG (2012), has enormous potential in natural resources such as oil and gas, energy and construction. Growth is driven ...

A Study

The US Subprime crisis and its impact Introduction The United States subprime mortgage crisis was a chain of events in the country that led to a financial crisis that was one of the biggest in the world since the era of great depression of the 1928 -1933. It began in the late 2000’s and the effects of it are still being felt in 2012. The subprime mortgage crisis originated due to a number of factors. Those included a boom and the bust in the housing market, the house-owners speculation, improper and high risk mortgage loans and lending/borrowing practices adopted by ...

Finland is a Nordic country with a population of about 5, 4 million. It is part of the European economic and monetary union and is hence part of the group euro-area 17. Finland’s economy is based on free-market implying that the country is open to trade with other countries or regions. It is therefore eventually more or less vulnerable to any economic conditions or threats affecting the euro area. China is one of Finland’s most important trade associates and also the biggest one that Finland has within the developing Asia it will be mainly used in this report when ...

Overview of the company including size and revenue

The Home Depot, Inc. was incorporated in 1978. This company operates full-service warehouse style stores all over the United States, selling materials for building homes, improving homes, tending the lawn and the garden, and other related services.

Home Depot’s strategy is to provide products and services to do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and any other buyers of building materials, product and services. As of January 2012, the company has 1,974 stores in the United States alone and another 278 stores abroad. The company operates in Puerto Rico, Virgin Islands, Guam, Canada, Mexico and China.

Home Depot ...

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Foreign Direct Investments in Asian Economies Introduction

Direct investments can be defined as physical investments that are made into building a factory in the domestic company (Graham and Spaulding, 2005). It is different from indirect investment that involves making a bundle investment in a broader category of assets. Foreign direct investment or FDI can be defined as foreign investing directly into the productive assets of a domestic company. It includes the acquisition of a lasting management interest in a company or enterprise outside the investing firm’s home country (Graham and Spaulding, 2005).

FDIs have increased significantly in the past decade due to globalisation ...

Introduction

Macroeconomics is a branch of economics that studies the performance of an economy, in aggregate terms. It helps in assessing the health of an economy and its prospects in future based upon analysis of important macroeconomic indicators. The paper attempts to understand the current macroeconomic situation of the United States using aggregate economic indicators and implications for monetary and fiscal policies. The paper is divided into three sections. The first section discusses the current macroeconomic situation of the nation using key macroeconomic indicators. The second section delves into the implications of the current macroeconomic situation on monetary and fiscal policy ...

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Economic Indicators and Wal-Mart Strategy Introduction

Any business entity operates within a specific economic environment that significantly impacts its success and strategies. Thus, it is imperative for any organisation to conduct an in-depth analysis of its economic situation for successful strategy formulation. Economic indicators present a broad overview of an economy’s well-being. They are statistics about specific aspects of an economy, like unemployment rate, gross domestic product, consumer spending and inflation rate. These indicators not only reflect the health of an economy, but also serve as specific inputs to organizations to devise their investing strategy. This process of strategy ...