Essays on Importing

Significant increases in the national debt, with no relief or plans to deal with the problem, and its effect on the economy An increase in national budget, with no relief or plans to deal with the problem, will result in a deficit, or more spending with less national input. Repercussions for a budget deficit can mean more borrowings for the national government from the private sector, such as the selling of bonds or gilts to the private sector. The debate over the budget deficit has two opposing views. The first one is that the deficit is destructive to the ...

The knowledge in economics encompasses a wide array of topics that involve different economic activities, such as the ones that influence the government in carrying out regulations on gasoline prices as well as imposing a price floor in relation to the minimum wage. In this discussion, different economic scenarios will be presented along with the possible outcomes of each. In addition to the provided situations about the price ceiling for gasoline and price floor for minimum wages, other economic events will be presented, such as the possible gains and losses of international trade and the possible outcome once the ...

I. Domestic Market for Stainless Steel Products (INOX): At the moment, there are no hot-rolled stainless steel factories in Vietnam, but there are two cold-rolled stainless steel manufacturing companies, who are still importing stainless steel hot-rolled coils for re-rolling purposes: Posco – SS VINA with capacity of 180, 000tons/year located at Ba Ria-Vung Tau, Vietnam. Their product ranges are 0.4 – 3.0mm x 1250mm. Inox Hoa Binh – Hoa Binh Manufacturing and Trading Ltd. with capacity of 50,000tons/year located at Hanoi, Vietnam. Their product ranges are 0.3- 3.0 mm x 1250mm. According to credible field specialists and organizations (Markus Moll, ...

Victoria and Albert Museum: Marketing

Introduction The Victoria and Albert Museum (V&A) is located in London, England and is one of the largest museums of art and design in the world. The museum was founded in 1852 following the huge success of the Great Exhibition of 1851. The museum was founded as the Museum of Manufacturers, reflecting its original purpose of appealing to the working class in order to help educate them. In addition, the museum was meant to help inspire British manufacturers and developers. The museum was renamed the Victoria and Albert Museum in 1899, after Queen Victoria laid the foundation stone of ...

Introduction

The Petrochemical industry in the ministry of energy has been focusing on the oil prices change and how it influences the economy. The oil demand comes from the petrochemical industry whereby energy generation helps in manufacturing and production industries. These industries help in economic transformation through improving country’s GDP. As the source of energy, oil in the petrochemical industry has been influenced by inflation and unemployment, interest rates and exchange rate. These factors influence the government spending, hence affecting the importation of oil from the producing countries such as Saudi Arabia. The oil prices as a result of ...

CONCLUSION

5. Conclusion The research was conducted complying with a predefined set of tools, techniques, and methods. It was accomplished without exceeding the limit of time and other resource allocated for this purpose. This chapter sets out to throw light as to what degree the study has succeeded in meeting research objectives and how it can be applied to managerial level. It is followed by detailed identifications of future prospects of research based on the current study. Finally, the researcher draws attention to some of the drawbacks of the research project along with an assessment of their impact on overall ...

ANALYSIS AND FINDINGS

3. Analysis and Findings 3.1. Introduction 3.2. Analytical Tool – Regression Multiple regressions are performed to assess the relationship of single independent variable i.e. crude oil prices (on Brent benchmarking) with all four dependent variables including Indian GDP growth, Indian Balance of Payments, Exchange rate between INR and USD, and the inflation rate in India. 3.3. Measures for Independent Variable – Crude Oil Price Crude oil is the most commonly traded commodity in the international market. Crude oil price stands independent variable in the underlying study, and same is considered for this purpose of analysis. The Periodic time frame for change ...

Literature Review

It is found that oil prices have undergone critical decline over past couple of years for several reasons at the bottom of this decline. However, reducing demand triggered by increased production of oil in USA, over production by OPEC, and shift towards renewable sources of energy is considered the most fundamental reason behind current downtrend of oil prices. It conforms to the simple theory of demand and supply according to which demand and price are in positive, while price and supply are in negative relationship with each other (Stafford, 2015; Scott, 2015; Goldenberg, 2016; Arnold, 2008; Hensher, Rose, & Greene, ...

Introduction

The MENA Countries are the countries in the Middle East and the North Africa. Many of these countries are in the process of developing and some are less developed than others. As emerging economies, these countries are still spending the effort to develop their labor markets and human resources. Considering that the number of youth in the population is an advantage for economic development, the MENA Countries seem to have an advantageous position; however, before making this comment, one needs to analyze the labor markets in these countries. The basic statistics about unemployment exhibits volatility, and the unemployment rate ...

Saudi Arabia, being the largest Arab nation both in physical size and the size of the economy, was ranked as the 15th largest exporter and the 20th largest importer in the world in 2014. The country is ranked high in the foreign trade market because of its great participation in the global market. Shoult (2006) argues that, being the largest economy in the region, Saudi Arabia plays a crucial role in the Arab world economy, accounting to more than 25% of Middle East’s G.D.P (Gross Domestic Product). The nation’s strong economy and a rapid economic growth rate ...

Report for McDonalds

Italy and Russia

Figure 1: GDP per Capita at Constant Prices Figure 2: GDP Growth (Annual %) Figure 3: Inflation Rate CPI Figure 4: Unemployment Rates Figure 5: Policy Interest Rate (%) Figure 6: Russia Interest Rate (%) Figure 7: Current Account Balance in Italy (% of GDP) Figure 8: Current Account Balance in Russia (% of GDP) Figure 9: Russia Interest Rate

List of Tables

BUSINESS OVERVIEW McDonald’s Corporation is the world's largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries across 36,538 outlets. Founded in 1955 by Ray Kroc in Des Plaines, Illinois, 80% of the ...

A social entrepreneur also called a ‘public entrepreneur’ is a person of a great sense of accountability, who engages in an unending innovation and learning to lead a social entrepreneurship. The current trends in the social entrepreneurship involve the hiring of people who have lost hope in life, maybe because they are ex-convicts or are homeless and then change their lives through involving them in entrepreneurship activities. The European Union according to Kuratko (p.91) is one of the economic forces that are open for entrepreneurship expansion. It is both economic and political union that was fully fledged in 1992 ...

Innovative Foreign Product as Business Opportunity in the US

United States has been credited with many innovations both in products and services. It is known for its technological and medical inventions that have contributed to upgrade standard of living and have provided immense service to mankind. However some innovative ideas that did not originate in US have considerable potential both as business opportunity and philanthropic initiative if imported and implemented in America. One of such inventions is the ‘Jaipur Foot’ – a prosthetic leg that was invented in India and has benefitted many since then. Prosthetic limbs are available in America too but what makes the Indian innovation unique ...

In the world today, cars have become one of the basic commodities that people cannot live without. This means that many people across the globe have increased their desires and likelihood to buy cars for themselves and their families, meaning that the car business has flourished across the world. Not every country manufactures car, but the most commonly countries that do manufacture sell them to other countries. Japan distributes both new and used cars to any willing country, and Tanzania is one of the trusted dealers that import them to sell to Tanzanian people as well as other willing ...

Executive Summary

An in-depth analysis of the New Zealand’s auto industry reflects that establishment of an auto parts business focusing on the import and supply of all parts of Japanese made cars will be successful in the country. New Zealand greatly relies on used car imports from Japan to meet the local need for higher ownership levels. The planned venture will be located in Auckland, New Zealand. It proposes to import auto parts of Toyota and Nissan in the initial phase of market positioning. In the entry phase, the organization will particularly try to meet the needs of Toyota and ...

McDonalds has come to create a network in both Italy and Russia. Italy seems to have better balance of payment and government balance indices, interest rate, trade policy instruments and not needing to lose over currency rates while dealing with Eurozone importers, and even unemployment and GDP growth rates. However, unemployment and the lack of growth indicating poor economic performance and social welfare situation may advantage the brand in Russia through better low-cost labor availability and consumer reorientation on less expensive restaurant offerings. Overall, neither of the country is the ideal market for the brand, yet both have their ...

Bangladesh is among the world’s most populous nations, but most of its population is poor. Formerly East Pakistan, Bangladesh gained independence in 1971 after the war with West Pakistan. The size of the country whose capital is Dhaka is 143,998 square meters with a population of 161 million people. The main language for the Bangladesh people is Bengali with the major religions being Islam and Hinduism. Life expectancy is 69 years and 70 years for men and women respectively. The population growth rate is estimated at 1.2 % with infant mortality rate of 45/1000. The city of Dhaka ...

Introduction To Graduate Studies

Introduction To Graduate Studies

Part A

1a. Raj, R. (2009). A study in business ethics. Mumbai. Himalaya Publishing House. Retrieved from http://site.ebrary.com

1b. Relationship between ethics & corporate excellence

1c. Inspite of Indian having an ancient culture and philosophy about worklife, we in India have not yet managed to develop our own management styles in consonance with our own cultural ethos and have been systematically importing management systems and styles from foreign countries. Raj (2009) states: Inspite of Indian having an ancient culture and philosophy about worklife, we in India have not yet managed to develop our own management styles in consonance with our own cultural ethos and ...

More than 95% of the imports of U.S arrive by ship. According to the information provided by the U.S department of transportation, global foreign trade has increased by 35%. To accommodate the increased volume of goods, shipbuilders are making larger ship. To accommodate such large ship, Panama City decided to expand the Panama Canal port. The Panama Canal connects the Caribbean Sea to the Pacific Ocean. This canal is the main source of income for the Republic of Panama. The port faces competition from U.S ports and Suez Canal Port. The ports along the eastern cost of U.S are ...

Introduction

Natural resources for decades have always provided many nations with the affluent source of wealth that helps in building their economy. As such, many of the countries that majorly depend on the natural resources such as copper, oil, gold and uranium often embark on intensive mining practices to ensure their natural reserves are productive and can offer sustainability to their economies. Due to their dependency on these resources, the countries often have structures and laws that govern how they handle the resources in every stage to ensure maximization. It is important to highlight that the resources are most often ...

Openness and free trade are one of the vital economic practices because nations can import and export products and services without the government restrictions. These limitations include tariffs, restrictions, and bans associated with exports and imports. In developing countries there stand to befit a lot from the free trade because of their low levels in the standard of living and availability of resources. Developing nations have room for expansion in their economies through agreements involving strategic free trades. These are some of the benefits of free trade. Improved living standards: as a result of free trade, the citizens of ...

Macroeconomics: The State of U.S. Trade Policies and the GDP

Introduction

According to a report published in the Washington Post said" 20 years ago globalization was pitched as a strategy that would raise all boats in poor and rich countries alike. In the U.S. and Europe consumers have their pick of inexpensive items made by people thousands of miles away whose pay was much lower than theirs. And in time trade barriers would drop to support even more multinationals expansion and economic gains while geo political cooperation would flourish"( Collins,2015). This statement clearly implies that globalization is beneficial for ...

Vehicles and Auto Parts Exportation to Canada

Vehicles and Auto Parts Exportation to Canada

Introduction

The products to be exported are vehicles and auto parts. They are being exported to Canada. A large percentage of imports in Canada come from the automotive imports originating from the United States. Canada spends an estimated 19 billion dollars on importing automotive from the United States (Transport Canada, 2016). Also, three quarters of the cars being used in Canada are imported from the United States. It means that Canada has a large market for the automotives. A larger percentage of the companies in the automotive industry comprise of assembling firms. The ...

Chapter: Findings

This section includes the findings attained from the responses of participants via questionnaire along with the graphical illustration. The total number of participants selected in this study is 178. Frequency distribution tables along with cross tabulation calculations are done in order to find out the relationship between variables.

Questionnaire Analysis

Frequency Tables/Charts Tourism sector helps any country to boost its economy. Similarly, the participants’ responses to the asked question whether “tourism sector will bring benefit to Singapore” proved that Singapore economy has been observed a growing trend due to an increase in tourism activities. In Singapore, tourists mainly come from neighborhood ...

Evaluation Methods

The fluctuation in oil places has a direct impact on the economy of oil importing nations given that they highly rely on the imported crude oil to run most of their industries. To be specific, the change in oil prices directly affects the economic environment of India in more than many ways. Timilsina asserts that the techniques for evaluating the macroeconomic environment include examination of current account balance, evaluation of the fiscal deficit and oil subsidy, analysis of the rupee exchange rate and inflation rate analysis (2015).

Variables to be evaluated

India imports an estimate of 80 percent of its energy resources. It ...

Crude Oil Prices: Market Supply and Market Demand

Abstract The primary purpose of this paper is to understand how supply and demand factors contribute to a consistent decline in crude oil prices across the globe. Furthermore, the paper seeks to understand the impact resulting from the fall in the U.S and the global economy and implications of the same. In the introduction, the paper starts by acknowledging the importance of crude oil to the world economy and the fact that it is an ordinary commodity whose price is influenced by the market forces. Oil prices are renowned for their instability in the market, an aspect that is ...