Essays on Rationing

The bullwhip effect can be detrimental to the efficiency of a supply chain. Demand of a product may only slightly shift, but it can lead to a much greater shift in manufacturing a product. This is when the “variability in demand is magnified as we move from the customer to the producer in the supply chain” (Robert & Chase). It specifically relates to a lack of coordination in a supply chain as a company makes purchases from its suppliers more unpredictably than it sells to its customer (Mendelson & Bray, 2016). It also relates to a lack of coordination in the ...

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 ...

Question 1

(a.) The federal government determines a measure of poverty by comparing pre-tax income with a cost of minimum and standard food diet in the country which is updated annually basing on the Consumer Price Index (CPI). Professionals have defined absolute poverty with the emphasis on the monetary aspect of it. As such, according to the government Absolute poverty refers to a situation where a person's financial ability is insufficient to maintain the minimum standard of living (Bogenschneider, 2014). With the increase in scrutiny on social welfare issues, experts find several drawbacks on the government guidelines used to define absolute ...

Q1 (a)

Traditionally, the federal government has defined absolute poverty with the emphasis on the monetary aspect of it. As such, according to the government Absolute poverty refers to a situation where a person’s financial ability is insufficient to maintain the minimum standard of living ((Bogenschneider, 2016). With the increase in scrutiny on social welfare issues, experts find several drawbacks on the government guidelines used to define absolute poverty. These drawbacks could affect the effectiveness of public assistance programs; therefore, it is vital to take note of some of the crucial disadvantages. As mentioned, the government lays emphasis on money ...

Bullwhip Effect

Supply chain management constitutes of complex tasks and includes companies that transfer goods from initial raw material stage to finished goods to retailers. The most common reasons that supply chain companies stumble is when the customer demands and market conditions fluctuate or shift. The bullwhip effect is caused when supply chain companies are not able to manage their orders . The change in consumer demand and market fluctuations cause different supply chain companies to order more products/goods to achieve or meet the demand. The most common reason for the difference in orders is that companies base the demand for goods ...

Introduction

The concept of economic development has received tremendous changes since the pre-colonial era, a feature that seeks government intervention to enhance growth. These changes have an implication on the role of the government in developing effective programs to enhance economic development in a state. Economic growth prospects are achieved through efficient allocation of resources, which are the main factors that steer production by moving a country from low productivity to high productivity. However, the desire to experience rapid economic development goals is often hampered by existence of rigidities, which are either in technological or institutional forms. Therefore, the sector ...

Statement of historical question

Consumption of coffee in the America. What role does Starbucks play in the American coffee culture? Thesis Statement The evolution of the American coffee culture traces its origins from the seventeenth century. Over the years, the country would grow to become the largest consumer of coffee in the world. It is corporations such as Starbucks have served to spread this culture across the globe.

Annotated Bibliography

William H. Urke. All about coffee. Newyork, Newyork the tea and coffee trade Journal Company 1922, Retrieved Apr 13, 2016 from http://ibiblio.org/pub/docs/books/gutenberg/2/8/5/0/28500/28500-h/28500-h.htm Urke was an author in 18th and 19th centuries that focused primarily on ...

Net Present Value

The Net Present Value is used in estimating the potential value of every project by applying the discounted cash flow valuation that requires an estimation of the size and time of all cash flows that increases from the project (Ehrhardt & Brigham, 2016). However, NPV is affected greatly by the discounting rate. Therefore, making a selection on the proper rate that is sometimes known as the hurdle rate is essential during decision making. Moreover, this should make a reflection on the riskiness of the investment because it is typically measured by the unpredictability of cash flows. Therefore, it must take ...

Introduction

World War II transformed the fortune of the United States of America and its citizens as the global power shifted from the traditional European nations to the U.S. In addition, many changes came up in American society and industry after the world war that steered them ahead of the rest of the world. Some of the changes that had the largest impact were suburbanization, GI Bill, automobile, consumerism, youth culture, racial experiences and religion. Each of these factors played an important role changing the fortune of American in the period that followed after the Second World War.

Changes in American Society

As the ...