Business Essays
The Fed and Interest Rates
The Fed and Interest Rates Dave Pettit of The Wall Street Journal writes a daily column that appears inside the first page of the journal’s Money & Investment section. If the headlines of Mr. Pettit’s daily column are any accurate record of economic concerns and current issues in the business world, the late weeks of March and the early weeks of April in 1994 were intensely concerned with interest rates. To quote, “Industrials Edge Up 4.32 Points Amid Caut...
The Federal Reserve System
The Federal Reserve System What the world needs now is Money Sweet Money”; that is not the way the song goes however that is surely the way our world and economy does. Money and its importance relative to the US Government have always been difficult to figure out especially when it comes to interest rates. Due to our Federal Reserve System, its chairman Alan Greenspan, and his Board of Governors dedicated to seeing that our economy blossoms; those doubts have become a thing of...
The Flat Tax
The Flat Tax TITLE: THE WRONG WAY TO SELL A NEW IDEA Many people would like you to believe that flat tax is so named because it will flatten your finances. That at the least is the intended conclusion. By eliminating personal deductions like mortgagee interest payments, the study claims, the flat tax would reduce housing values in this country by upwards of 10 percent. The study’s methodology is shaky at best, and the jury on housing values is still o ut. Despite the f...
The Internet as a Business Tool
The Internet as a Business Tool Subject: Internet Date: December 1, 1995 MEMORANDUM Mrs. —–, I understand that some students that have already graduated from College are having a bit of trouble getting their new businesses started. I know of a tool that will be extremely helpful and is already available to them; the Internet. Up until a few years ago, when a student graduated they were basically thrown out into the real world with ...
The National Debt
The National Debt The federal debt of $5.7 Trillion, or $21,000 per child. This chapter covers all U.S. debt, called National Debt (national debt is here defined as the sum of all recognized debt of federal, state & local governments, international, private households, business and domestic financial sectors, including federal debt to trust funds - but excludes the huge un-funded contingent liabilities of social security, government pensions and medicare). The National Debt...
The Transformation of Businesses Into Internet Businesses
The Transformation of Businesses Into Internet Businesses In the early to mid-nineties, a major change began taking place in America’s economy. Technology and innovation became some of the leading factors of success for companies. Companies have been forced to change as the technology introduced around the world changes, and more importantly, they have had to be swift in adapting to change. This new age has commonly been classified as the “Information Age” o...
The effects of Globalisation on the Australian market
The effects of Globalisation on the Australian market Globalisation is the term used to identify the worldwide integration of consumer markets, production, labour, technology, investments and cultures. It has also created wealth and better livings standards for thousands of people. Globalisation is increasingly affecting our lives. Globalisation is an extremely important aspect of Australian business. It allows Australia to open up new markets overseas, which enhances our expo...
Theory of Consumer Choice
Theory of Consumer Choice I think that it is right to begin with the Theory of consumer choice. The above consumer has expressed his preference of choice. He has a taste for seafood which he prefers above all other types of food. This does not mean that he only eats seafood, but in line with the last two elements of the theory of consumer choice, he has shown his preference for taste and on that assumption, will do the best that he can for himself to consume as much seafood a...
Tobacco Advertising
Tobacco Advertising Tobacco Advertising and its dangerous effects on young people. Everyday 3,000 children start smoking, most them between the ages of 10 and 18. These kids account for 90 percent of all new smokers. In fact, 90 percent of all adult smokers said that they first lit up as teenagers (Roberts). These statistics clearly show that young people are the prime target in the tobacco wars. The cigarette manufacturers may deny it, but advertising and promotion play a vit...
Wal Mart Corporation Overview
Wal-Mart Corporation Overview “Basic History Overview” Wal-Mart’s history is one of innovation, leadership and success. It started with a single store in Rogers, Arkansas in 1962 and has grown to what is now the world’s largest - and arguably, the most emulated - retailer. Some researchers refer to Wal-Mart as the industry trendsetter. Today, this retailing pioneer has annual revenues of over $100 billion, 3,000 stores and more than 750,000 employees worldwid...
Waterford Crystal a case analysis
Waterford Crystal a case analysis HISTORY OF WATERFORD CRYSTAL Waterford Glass was started by two brothers, George and William Penrose, in 1783. It was the most notable of all Irish crystal companies. In 1799, the Penrose brothers sold Waterford Glass to the Gatchell family. The crystal industry was prosperous until 1825. Irish glass manufacturers began to slowly close due to high export duties, the economic depression, and a lack of capital. Waterford Glass was the last to cl...
Welfare
Welfare Welfare is a government program that provides money, medical care, food, housing, and other things that people need in order to survive. People who can receive help from these welfare programs are children, elders, disabled, and others who cannot support their families on their current income. Another name for welfare is public assistance. There are many organizations that supply this public assistance. Such as Salvation Army and other groups. Public assistance benefits ...
Why do prices of some goods fluctuate more than others
Why do prices of some goods fluctuate more than others Q. Why do prices of some goods fluctuate more than others? A. It is a well known fact, that various prices of goods fluctuate at various levels. The products which fluctuate most in price are often held to be necessities, but what is that makes these changes, and which factors influence them. Before trying to conclude which goods fluctuate most price- wise and why, it seems sensible to ask which group these products belo...
free trade in Canada
free trade in Canada The main goal of free trade is to make trade between nations easier and less costly. The way it achieves this goal is by removing barriers such as tariffs, eliminating regulations and dismissing certain standards, which allows the market to balance itself through the pressures of market demands. The free trade system has existed now for just over two-hundred years, beginning just after the industrial revolution. It has been successful in promoting independ...
hello hello
hello hello AIDS and YOU (May 1987) By Martin H. Goodman MD (this essay is in the public domain) Introduction: AIDS is a life and death issue. To have the AIDS disease is at present a sentence of slow but inevitable death. I’ve already lost one friend to AIDS. I may soon lose others. My own sexual behavior and that of many of my friends has been profoundly altered by it. In...
Nike Sweat Shops
Nike Sweat Shops There has been much debate and controversy recently concerning Nike’s Asian labour practices. This is a very complex issue and one that is a long way from being solved. It is very difficult to determine which side of this argument to defend, as both sides acknowledge the facts, yet put a completely different spin on them. Do you believe Nike’s critics who say they’re exploiting workers? Or, do you believe Nike when they say that they are giving...
Organ Transplant Market
Organ Transplant Market Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharpl...
Organizational Culture
Organizational Culture Organizational culture can be defined as a system of shared beliefs and values that develops within an organization and guides the behavior of its members. It includes routine behaviors, norms, dominant values, and a feeling or climate conveyed. The purpose and function of this culture is to help foster internal integration, bring staff members from all levels of the organization much closer together, and enhance their performance. However, there se...
Patents
Patents A patent is the public disclosure of the invention and the best way of practicing the invention, in exchange for the rights to that information for a set period of time namely being 20 years. A patent permits its owner to exclude members of the public from making, using, or selling the claimed invention. This type of arrangement is a necessity for any type of scientific work. It allows other people to share in the ideas that have been thought and utilized by a company ...
Postal Service As a Monopoly
Postal Service As a Monopoly In the United States economy most markets can be classified into four different markets structures. But, each and every market in the United States is completely unique from the others. Generally the best type of market structure for the general public is per-fect competition because it creates the lowest possible price for the public. There are some exceptions were perfect competition isn’t the best choice for the public on account of var...
Preparing to Conduct Business in China
Preparing to Conduct Business in China Conducting business in china requires a great deal of patience, respect, timing, humility, knowledge, cunning, and just the right amount of aggression. Knowing these are the tools that are to be employed for successful negotiating is completely worthless unless you know how and when to use each of them. Missing a cue for changing from being patient to aggressive, or being humble instead of cunning, will make or break a negotiation in an ins...
Presuppositions of the Game Theory
Presuppositions of the Game Theory Soloman believes that as the game theory gets more sophisticated, we tend to lose sight of the problem rather than solve it. He sees the problem as how to get people to think about business and about themselves in an Aristotelian rather than a neo-Hobbesian (or even a Rawlsian) way, which the game theoretical models simply presuppose. Soloman discusses seven presuppositions in the first section of his “Ethics & Excellence”...
Proctor and Gamble
Proctor and Gamble Company History William Proctor and James Gamble created Proctor and Gamble in 1873. William Proctor introduce him self to Cincinnati as a candlemaker, while his counterpart apprenticed himself to a soapmaker. They met by chance when they married sisters and fittingly they initiated a partnership of candlemaking and soapmakeing. A partnership then originated on October 13, 1837. In 1850 Moons and Stars became the unofficial trademark. In 1862, Proctor and Gam...
Proforma Income Statements
Proforma Income Statements Executive Summary The purpose of this analysis is to show how proforma planning is needed to make capital budgeting decisions. The proforma income statement will show a projected growth of net sales for Adidas of 15%. In conclusion, Adidas is continually maximizing its growth as a sports apparel industry. Introduction Adidas is one of many successful sporting goods apparel stores in the industry. With sales increasing from 2,708 million in 1998 to...
Radio Station Research
Radio Station Research Introduction Music is a general love of almost every college student. Many develop their personalities, profiles, and various other tastes based on their listening choices. In general, many college students acquire the same spectrum of listening values. If a radio station, one that wishes to target the college student population, can discover the musical preferences of the general population of students, they will be able to grow within the specific m...