Business Essays
Energy Deregulation
Energy Deregulation As we have witnessed the rolling blackouts and emergency alerts throughout many parts of our state of California within the past 12 months, there is a question waiting to be answered. Why do we have an energy crisis when there are other states that are doing just fine? Before we come to any hasty conclusion, let us ask ourselves what happened to the energy policy during the mid 90s? During that period the electric utilities went from being highly re...
Ethics in Business
Ethics in Business From a business perspective, working under government contracts can be a very lucrative proposition. In general, a stream of orders keep coming in, revenue increases and the company grows in the aggregate. The obvious downfalls to working in this manner is both higher quality expected as well as the extensive research and documentation required for government contracts. If a part fails to perform correctly it can cause minor glitches as well as problems that c...
European Economic and Monetery Union
European Economic and Monetery Union The Economic and Monetary Union (EMU) is a single currency area within the European Union in which people, goods, services and capital move without restriction (Europa Quest (1), 2001). Imperative to the success of the EMU is the implementation of a single European currency, the Euro, and the application of specific macro-economic policies by the EMU member states (Harris, 1999: 78). Moreover, it is the foreseeable intent of European governme...
Evaluation of the Effectiveness of Trade Embargoes
Evaluation of the Effectiveness of Trade Embargoes Abstract Although I am a strong critic of the use and effectiveness of economic sanctions, such as trade embargoes, for the sake of this assignment, I will present both their theoretical advantages and their disadvantages based upon my research. Trade embargoes and blockades have traditionally been used to entice nations to alter their behavior or to punish them for certain behavior. The intentions behind these policies are ge...
External Factors Affecting Ford Motor Company
External Factors Affecting Ford Motor Company Introduction The purpose of this report is to examine the external factors affecting Ford Motor Company within the last four years. Dr. John L. Waltman has authorized this report. It is based on secondary sources, mainly gathered through the First Search Periodical Index. Authorized Publication includes Wall Street Journal, Financial Times, New York Times, and sources from the Internet. This report examines and analyzes these th...
Failure of Economic Reform in Russia
Failure of Economic Reform in Russia Formerly the preeminent republic of the Union of Soviet Socialist Republics, Russia has been an independent nation since the dissolution of the Soviet Union in 1991. Because of its great size, its natural resources, and its political domination, the Russian Federation played a leading role in the economy of the Soviet Union. In the years preceding the disintegration of the union in 1991, the economy of Russia and the union as a whole was in d...
Farm Subsidies
Farm Subsidies history farm subsidies: a necessary evil? Subsidies are payments, economic concessions, or privileges given by the government to favor businesses or consumers. In the 1930s, subsidies were designed to favor agriculture. John Steinbeck expressed his dislike of the farm subsidy system of the United States in his book, The Grapes of Wrath. In that book, the government gave money to farms so that they would grow and sell a certain amount of crops. As a result, Steinbe...
Financial Analysis of a Corporations Annual Report
Financial Analysis of a Corporations Annual Report Introduction Over the past few years the airline industry has been offering competitive prices and competing more then ever for cargo that has been traditionally transported by ships because of their cheaper prices. Because of this ship owners have been looking for ways to keep cost to a minimum and to decrease the time it takes to transport cargo from seller to buyer. The time it takes the ship to transport cargo from one p...
Forces of Influence
Forces of Influence The Forces of Influence Making decisions is a major portion of the manager’s responsibilities. It is an aspect that cannot be taken lightly nor can it be done in a hasty manner. Hasty, careless decisions can have devastating results on the manager’s unit or even for the entire company. Decisions that are made with deliberation using different kinds of processes can lead to better and/or more profitable operations. When decisions are made in this m...
Free Rider Problem
Free Rider Problem The Free Rider Problem The free rider issue has become one of the most serious economic issues today. The free rider is a lazy type person who wants the benefits that others bring in without having to do the work. The free rider typically takes advantage of a public good. Living in a civilized society presents many opportunities for free riding, which we have yet to find a way to control. Economists regard the possibility for free riding as a problem fo...
Frito Lays Dips
Frito-Lays Dips Frito-Lay Inc. has a very profitable dip product line. This is not only a great deal now, but also has shown tremendous sales growth over the past few years. In 1981 their sales reached 30 million dollars, with the sales figures almost tripling by 1985, reaching 87 million dollars. However, this success brings the corporation into a very unique situation as well as bringing up a very good question of “how to develop this further?” Their options boil down to t...
Gaining a competitive advantage through ERP
Gaining a competitive advantage through ERP Organizations today confront new markets, new competition and increasing customer expectations. Thus today’s organizations have to constantly re-engineer their business practices and procedures to be more and more responsive to customers and competition. In the 1990’s Information technology and Business Process re-engineering, used in conjunction with each other, have emerged as important tools which give organizations the ...
Gap between Rich and Poor Nations
Gap between Rich and Poor Nations How can we bridge the gulf between rich and poor within nations and between successfully developed and less developed economies? I feel that this has been and on going problem in our society. I don’t feel that there is a way that we can actually bridge the gap between the rich and poor, but there are things that the rich can do for the poor. The United States is notorious for trying to give aid to needy countries. We have organizations that ...
Gates vs Rockefeller
Gates vs Rockefeller Gates vs. Rockefeller (an epic duel between to huge business moguls) Over the years there have been many businesses and businessman. Some have prospered and some have lost everything. But only a select few have ever dominated an entire market and form a true monopoly. The government forbids such businesses but people still strive to achieve such stature. The two true powerhouses of the past 300 years in the business world would undoubtedly be William ...
Growth of NYS Business
Growth of NYS Business For a number of reasons, business enterprise in New York grew by leaps and bounds between 1825 and 1860. New York’s growth between the years 1825 and 1860 can be attributed to a number of factors. These include but cannot be limited to the construction of the Erie Canal, the invention of the telegraph, the developed of the railroads, the establishment of Wall Street and banking, the textile, shipping, agriculture and newpaper industries, the...
HMOs Healthcare of the Beast
HMOs Healthcare of the Beast HMOs: The Health Care of the Beast Many people are concerned about rising health care costs. In reaction to this, some individuals and companies are gravitating toward the assumed lower prices of Health Maintenance Organization (HMO) health plans. HMOs spend billions of dollars each year advertising their low cost services. While these savings look good on paper, there are many pages of small print. The explanation after the asterisk indicates that...
Harley Davidson Analysis
Harley Davidson Analysis We think it would be interesting to quote first Harley-Davidson’s mission, in order to get a first approach of what is the purpose of the company from their point of view. The mission talks first about dreams, rather than motorcycles, which is what the public has in mind. This mission says: “We fulfill dreams through the experience of motorcycling, by providing to motorcyclists and to the general public an expanding line of motorcycles and...
Human Resources
Human Resources With today’s workforce becoming increasingly diverse and organizations doing more to maximize the benefits of the differences in employees, Human Resource managers are evolving from the “old school” sideline player to the front-line fighters. Organizations are relying on managers to get the people who get the job done, and of course, make the company money. People have always been central to organizations, but their strategic importance is growi...
Britain Return to Gold in 1925
Britain Return to Gold in 1925 Economic History The Gold Standard, like the Exchange Rate Mechanism, ensures stable exchanges and economic discipline. Why, then, was there so many criticism of the return to gold in 1925? In March 1919, the large trade deficit and low level of gold reserves resulted in formal abandonment of the gold stand by the UK. On Apr. 28, 1925, Churchill announced in his Budget speech that there would be an immediate return to gold at pre-1913 parity....
Brown Forman Company Analysis
Brown Forman - Company Analysis Straight up or mixed, whiskey or wine – Brown-Forman’s got a drink for you. The Louisville, Kentucky based company is the best known for its world famous whiskeys, Jack Daniel’s and Southern Comfort. It’s wine and spirits segment manufactures, bottles, imports, exports and markets a wide variety of other alcoholic beverages and wines (Bel Arbors and Bolla). But Brown-Forman is also part of a consumer durables segment which sells fine china...
Buffer Stocks
Buffer Stocks - 2. Buffer Stocks - One step a government might take in order to stabilize agricultural prices is to use the technique of buffer stocks. The very basic idea of this is letting the government set a minimum price on agricultural goods. This price will usually be above the price where demand meets supply, so the government must buy the excess quantity produced, in order to stabilize prices. This quantity will then be stored till, for example, next year where there ...
Building in the Voice of the Customer
Building in the Voice of the Customer Building in the Voice of the Customer. (Quality Functional Deployment.) In partial fulfilment of the requirements for the award of : BA(Ordinary) Food Marketing Building in the Voice of the Customer. The first understanding of “building in the voice of the customer” for the manufacturer, are you producing a product that the consumer feels satisfied with? Within so many products there are sometimes so many misunderstandings ...
Buisness Plan Outline
Buisness Plan Outline The Executive Summary The executive summary is arguably the most important section of the business plan. It must be concise, specific, and well-written. It summarizes the highlights of the completed business plan and provides a brief snapshot of the plan, with sales, spending, and profit summary figures. The summary emphasizes those factors that will make the business a success. It must contain sound numbers for market size, trends, company goals, spendi...
Business Evaluation
Business Evaluation The subject that I interviewed was Mike Anderson from Allstate Insurance. Mike is an agent who owns his own office and has his own employees but at the same time is also an employee himself for the Allstate Corporation. The nature of Allstate is the sales of different lines of insurance policies. Mike’s office is very service oriented although they are in the sales business. He classifies his office as a retail business with the explanation t...
Business Leadership
Business Leadership Leadership has meaning only in an organizational context, and only in the sense of on managing within a system of inequalities. Superior-subordinate relationships help to define leadership behavior, and the culture in any particular society influences the nature of these relationships. Two leadership roles are common to all societies, however. The first is the Charismatic role, or the capability to provide vision and inspiration. This emphasized by transf...