Economics Essay Examples

The condition of India’s infrastructure is a potential indicator for Wal-Mart to consider before investing in the Indian market. India spends less on infrastructure compared to other developing Asian countries, which can hinder efficient business transactions. Infrastructure includes roads, bridges, communication facilities, and buildings. China and Southeast Asian countries have surpassed India in terms of […]

Looking at the performance of the EMAAR in the real estate development, there is no doubt that the company has established its refutation as a very credible and respectable multinational company. However, with its wide range of international clientele, and the success that the company enjoys, there are still issues that are affecting the company. […]

Inflation in an economic perspective is measured as a growth of the money supply in an economy, without a general increase in the supply of goods and services. The end result of inflation is rise in the general price level. There are three major types of inflation: Demand-pull inflation, cost push inflation and built-in inflation. […]

Burke & Morton state that “smaller establishments and service-producing industries typically provide fewer benefits than larger establishments and goods-producing industries, but the extent of benefit coverage varies widely within industrial and establishment-size groupings. ” In their research, they relate on the data provided by the Bureau of Labor Statistics 1988 Employee Benefits Survey . To […]

Nike was founded in 1964 and was formerly known as Blue Ribbon Sports. Track star Bill Bowerman and his coach Philip Knight created Blue Ribbon Sports which later became Nike in 1978. The name Nike comes from the Greek Goddess of victory. In 1966 the first retail store was opened in Santa Monica, Ca. By […]

Performing capital budgeting analysis is necessary to achieve more precise forecasts for a potential project’s profitability. Although analyzing sales forecasts and predetermined direct costs, including fixed manufacturing overhead, provides a positive possible benefit, the given data is insufficient to provide correct estimates. Factors such as time value of money, investment of initial net investment, and […]

Automation technology researchers report progress on virtually all of the technical problems, although the degree of progress often depends on research funding, commercial demand for related products, and inclinations of researchers. The technical barriers to increased sophistication in programmable automation are largely due to the complexity of the manufacturing environment, and to the fact that […]

Cognitive Issues The main cognitive issues facing the organization Oakland currently involve differing mindsets within the working group. It is crucial to acknowledge each individual’s contribution while also understanding that they fail to grasp the larger picture and their own role in it. For instance, the production manager worries about the impact of the production […]

The homebuilding industry is an important contributor to the United States economy, both directly and indirectly. Directly, it creates jobs, pays wages, and generates tax revenue. Indirectly, it drives demand for materials like lumber, insulation, bricks, and cement. Homebuilders have similar profit goals as other entrepreneurs and are especially interested in low interest rates. Environmental […]

There are two types of decisions, strategic and tactical. Strategic decisions have long-term consequences and are developed further into the future than tactical plans. They are less structured, while tactical decisions are routine and repetitive, and have short-term consequences. Decision making is essential in all management activities, including operations management. The five categories of decision […]

Various methods can be employed to obtain funding for a merger, such as using a buy-out approach, introducing specialized stock option schemes, or participating in the transfer or acquisition of stocks. When it comes to funding a company merger, the method chosen depends on the particular needs and capabilities of that company. In cases where […]

This paper seeks to explain why the annual financial statements continue to remain an important source of information to shareholders, despite the fact that they disclose information on past events when shareholders as investors require information about future events. To attain the objective of this paper, there is a need to discuss the nature of […]

Foreign companies have benefited from various reforms in importing, including the decrease of import tariffs as Vietnam follows AFTA and the plan for future tariff reductions outlined in the 2002 agreement. This reduction has been crucial in assisting Vietnamese producers with their long-term planning. Although various restrictions have been lifted, certain challenges remain. Currently, all […]

Compared to other pay practices, incentives offer advantages. In an incentive plan, money is only given if the goal is achieved. We usually expect employees’ performance to align with their pay when hiring and promoting them. Incentive plans follow an “if-then” approach – if the objective is accomplished, a reward will be received. This format […]

Done Jones, a small business entrepreneur, should implement internal controls including a recording system for expenditures and payroll, task delegation system, and an authorization system. Operating a small business involves various expenses such as purchasing raw materials and tools, as well as managing operational costs. Done Jones has a limited workforce of up to ten […]

According to Lockwood (2), China’s economic growth did not have a major effect on the global economy, but it does have consequences for other countries. These include adjusting to competition from labor-intensive groups, making changes to enhance marketability, and addressing requests for international capital. Conversely, Lardy (1) maintains that China’s emergence provides chances for trade, […]

A budget represents the financial plans necessary to achieve strategic goals and is usually created on an annual basis for short-term purposes. The budget enables the distribution of responsibility to managers within different divisions and departments. Each department creates a budget and the departmental manager is held accountable for adhering strictly to the budgeted expenses […]

Primeaux and Stieber discuss the ethical principles involved in economic profit maximization, examining how value is determined and what ethical implications arise when goods and services are valued based on economic profit maximization. Their discussion moves from production to distribution, focusing on external pricing and consumer demand. Profit maximization in economics involves determining the optimal […]

Riordan Manufacturing has established a confidential ad hoc committee to carry out various tasks regarding the acquisition of JJJ Company, including due diligence. The committee was appointed by the chairman of the board (COB) of Riordan. All members of the committee are acquainted with each other and have previously worked together in diverse capacities. John […]

Business mathematics is the type of mathematics that commercial enterprises utilize to document and handle their business activities. Various business functions like accounting, inventory management, marketing, sales forecasting, and financial analysis depend on mathematics. Simple mathematics such as arithmetic, algebra, statistics and probability are essential for commerce. However, complex mathematics like calculus, matrix algebra and […]

Assessing the cost of capital is a complex and contentious concept in finance theory, with varying viewpoints among experts. However, it holds significant importance in financial decision-making. It acts as a standard for appraising investments, establishing debt strategies, and evaluating the financial performance of senior management. Investment evaluation involves assessing investment projects by measuring the […]

This is a very positive gross profit margin for the business as it enables a big enough margin to make profit. The higher the profit margin the better however it also depends on the market the business is operating in, for instance the food industry would not have very high profit margins whereas clothes industries […]