...America To inform To inform the audience about the homeless crisis in America Homelessness in America I. Introduction Individuals nationwide are experiencing homelessness. Even the most educated people have joined the homeless. The major contributing factor of homelessness is the recession that our nation is experiencing. The country’s economical status is in a very critical state, causing numerous corporations and businesses to close. Our economical downturn based on documented statistics show there are high unemployment rates across the country. There are also other contributing factors that play a role in homelessness. II. Body The major reason for the homelessness in America is the recession. According to, The National Alliance to End Homelessness it is estimated that the recession will force another 1.5 million people into homelessness over the next two years. The second reason for the homelessness in America is high unemployment rates worldwide. This is a trickle down effect that has caused the recession. With the nation’s economy in such a critical state of downturn, numerous corporations and businesses around the world have either down-sized in the amount of employees on staff or closed altogether. There are other factors for homelessness in America: 1. Unaffordable housing is the result of individuals who have lost their jobs or simply can’t work for other reasons and have no where to live. Foreclosures are at an...
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...Susan Webber Macroeconomics Journal # The Economic Downturn and how it has Affected Your Family It was really easy to do this journal on personal experiences. I think everyone this year has gone through some hard economic times. My husband was actually reading my homework with me and thought of the topic of gas prices. Gas prices have affected so many people. The rise of gas prices have affected so many people that they can’t even drive cars they have to depend on buses for transportation to get to where they have to go. People often try to get together and make car pools so they can save on the price of gas. When people can save on gas they can use the money that they have saved on their families. Most people have children and need every little penny so they can go out and spend family time and just go out to eat. I can’t even remember the last time that I went out to eat with my family. It seems like everything costs so much money that we can’t do the things that we enjoy. The economic times have made it so hard for families to just wake up and have a good day. There is always something that has to cost money. It’s like people have forgotten how to enjoy the simple pleasures of life. Much of it has to do with our children. It is like everything that they want has to do with electronics. All of the electronical devices cost so much money, however they are breaking all of the time. What happened to the simple pleasures of just spending time with...
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...There were many causes of the great depression. That Great Depression was a long lasting time of economical downturn that followed the bull market boom in the 1920’s. The Great Depression of the 1930s was caused by the stock market crash, overproduction all combined with inequality of income. Overproduction made a huge contribution into the downfall of the economy that lead into the great depression. More products were being made than consumers were consuming Average Americans in the 20s were buying household products such as vacuums and other appliances to “ electrify their homes’ so those companies such as ge started to mass produce and then advantulay, over product became a huge economical issue.. As illustrated in Document N, a farmer...
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...that are affecting the company and the industry as a whole, namely the political, economical, social and technological factors. Political factors * The pharmaceutical drugs laws are becoming far more complex and strictly enforced. As well, international pharmaceutical companies have the increased challenge of facing different requirements, processes, and laws for different countries to navigate through. This can cause many companies to divert from plans to expand into new markets. Companies need a lot of organization between legal departments, development teams and executives to be successful. * The importing of goods over international borders brings up the issue of taxes. The taxes imposed on imported goods greatly affect the profit margin, and the selling price. This results in domestic goods being more competitive in the market. With the increasing trade agreements between countries this is becoming less of an issue, however there still are big barriers of entry for some markets. The decreasing cost of shipping international packages has also played a role in increased number of imported goods. * With the increasing popularity of pull through marketing in the pharmaceutical industry, there has been an increased compliance with legal requirement. As with the drug developing laws, each country has their own requirements to go through, which results in increases in the cost. Economical * The economy is entering a possible recession which always causes issues with...
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...government gets involved the tradeoffs are the goals of efficiency and equality often find conflict. Countries and governments are becoming increasingly interdependent, and it has tradeoffs (Mankiw, 2015). Interdependence allows for all areas of the world to maintain a standard of living, produce goods, and trade with other communities around the world. When all economies are interconnected, and those economies are doing well- all is great. However, if the tides turn and a single economy start to have issues with markets, inflation, and cost of living the interdependence may affect the countries who thought all was well. Eventually, all of the interdependent countries will eventually feel the effects of the economic downturn. If the downturn starts...
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...An Economical Examination of Welfare Reform This section details the concept of drug testing as an eligibility requirement for welfare recipients who receive cash under the Temporary Assistance for Needy Families (TANF) program. The economical ramifications that pertain to this situation include the wants and needs of individuals versus the limited resources of the funds by taxpayers. Sources, data, and popular opinion will show that this requirement will be extremely beneficial for the American taxpayers by saving money and refusing to subsidize the drug habits of individuals who receive government assistance. Scarcity In 2011, over 4 million people received cash assistance under the Temporary Assistance for Needy Families (TANF) program (“ACF”, 2011, para. 8). These numbers do not include Food Stamps, Medicaid, or other forms of government funds; this is simple cash assistance. Ideally, all hungry and unemployed individuals would have the resources to provide for themselves and their families. However, in this economic downturn, more and more individuals are reaching out for assistance and it has become taxing on our government resources. In 1997, the U.S. Government overhauled the welfare programs known as Aid to Families with Dependent Children (AFDC), the Job Opportunities and Basic Skills Training (JOBS), and Emergency Assistance (EA) (“ACF”, 2011, para. 4). Under this reform, the Temporary Assistance for Needy Families (TANF) program was developed. TANF was designed...
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...receivables outstanding), this report will focus on the factors that drive the receivable days. Once that is understood, the report will analyze the environmental influences at the macro and micro levels that impact days sales outstanding. The report analyzes the general credit trade terms within the industry and how trade receivables are trending in corporations in a wider scope. This revealed that Company A’s current situation is aligned with their competitors in relation to the extended credit terms that are being provided to their retailers. The report analyzes how environmental changes can affect consumer behaviors, which may negatively impact the retail landscape. The Pest analysis revealed an overview of how the economic downturn impacts political, economic and social outlook in the consumer world and how it may affect COMPANY A’s ability conserve cash. The report concludes with the SWOT analysis, providing insight on how Company A can capitalize on the areas of weaknesses and opportunities by improving their technological flaws, which can favorably impact their collections efforts. This analysis also surfaces the option of not making any radical changes if the Company feels that the areas identified as external threats may impact their overall business. Contents Page Page No 1. Summary 2 1. Introduction 4 1.1 Conservation of Cash 4 1.2 Objective of the Report 4 2. Background 5 2.1 Company A 5 3....
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...Funding-give the college, Grand+loans-students Economical- GDP- Paying fees, provide facilities, updated software Employment for staff Revenue of college Costs of providing resources Social- demographic- Offering elevator for people who can't use the stairs Local communities Integration Local population In terms of young people seeking further education in the area. Media- How people persuade the college Change in demographics- Students who have English as the second language. Technological - Online service- Being able to apply online for a course, updating the website to know was going on with the college Use of tech- Big drive to be paperless use of google apps Use of solid media Ensuring equipment update Environmental- Recycling- Making sure is smoking area for people, Recycling bins Waste disposal- Recycling Changes to local bus routes Weather Paperless Sourcing alternative energy Encourage staff to cor share/ public transport Legal- Legislation- Follow the rules college must run through the laws set, treat student equally Safeguarding * Health & Safety * protection legislation * DBS checks Changing legal age for education When a business is facing depression it means that there is continuous decrease of output, income, employment, prices and profits, there is a fall in the standard of living and depression sets in. The term depression is defined simply as an economic downturn that is longer lasting and more severe than the...
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...and move towards a more realistic yet challenging path going forward. Strategic planning requires a multitude of interaction between environmental forces which consist of suppliers, customers and competitors all of whom the owner will establish and build relationships. The importance of a strategic plan goes to the foundation of business success and longevity which must remain strong through stable and unstable economical conditions. Porcher’s Custom Cabinets is a small one man operation with a current volume to employ five additional people. Accustomed to riding the wave of the housing boom, the housing environment opened the doors to multiple opportunities which the economic doors closed just as fast. Porcher’s Custom Cabinet thrived, building relationships where advertisement was through word of mouth and homeowners were willing to stand in line for top quality custom cabinets at a price that that was not dictated by the economy but by the quality. Establishing and building a reputation to be fare and honest was the game changer when the economy took a downturn and as the rush to build from the ground up declined, homeowners reacted with a decision to remodel their current homes. Porcher’s Custom Cabinet understood change could happen often rather fast and from multiple directions making the core of its strategic...
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...Factor | Impact | Political | * Government incentive programs are being introduced globally. * I.E. The U.S President to introduce ‘endorsement of renewable energy’. | * These incentives create an opportunity for Canadian Solar to enter new global markets, and become recognized as a credible Canadian company. | Economical | * The temporary shortage of silicone in 2008 led silicone prices to incline dramatically ($500 per kg). The production of modules are highly dependent on silicone. * Being a multinational organization, the global economic downturn in 2008. | * This led production costs to incline significantly until the supply of silicone sufficed. Fluctuation in raw material prices will affect the company’s ability to sell modules at a fixed price. * Fluctuating solar demand resulted in an oversupply of panels in 2009, then an undersupply when forecasts were exceeded. Financial analysists found trouble with predicted sales. | Socio-cultural | * Solar and renewable energy are being regarded as a popular new trend. * High volume of diversified employees (Canada, China, and Germany). | * Attraction of consumers such as developers, corporations, and building owners. | Technological | * Management is introducing the ‘Inverted vertical integration’. * Has initiated a recycling process for reclaimable silicone. | * Allows for flexibility in short-term demand shifts and frees the company from the capital investment needed...
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...American Intercontinental University Unit 1 Individual Project MKTG 205 – Principles of Marketing 08/28/2011 Abstract This paper will name the three marketing forces that could affect Febreze, a product manufactured by Procter and Gamble; give their description and explore in which ways those forces could affect or propel Febreze. It will also give an overview of the approach that the makers of Febreze could apply in order to use those marketing forces at their advantage. Febreze Introduction Any company that manufactures sells or offers any kind of goods or services to customers, vendors or potential investors will face the marketing forces or factors that go beyond their control like competitive, economical and legal forces. Market Force 1: Competition Febreze is an odor control or eliminator and Procter and Gamble is not the only company that offers such product on the market either. Febreze makers have to evaluate the quality of their product, make sure that it appeals to their customers with the pricing, quality and efficacy of the product. Febreze invested $81.5 million in their advertisement strategies in 2009. As long as the customers are happy, Febreze will have the upper hand because, customers nowadays believe in loyalty. They will not turn their backs on a product that has been giving them the bang for their bucks. Febreze has been appealing to the mothers with a full house who want their homes to smell good, it attracts even the...
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...model are tasks (the specific duties carried out, people (the skills, knowledge and individuals who comprise the organization, formal organizational arrangement (structures, processes, and policies,), and culture (the unstated beliefs and values of the organization). The model is best explained as an input of strategy and an output of performance (Mind Tools Ltd., 2012) ensuring that the four elements work together within that process. I chose to use the congruence model to analyze both Circuit City and Linens-n-Things because this model‘s best fit is for companies going through a transitional period. Both Linen-n-Things and Circuit City have gone through major transitions during their years of business, both dealing with a changing economical market, competition with competitors, pressure to stay up with current market trends, and customer demand. These incremental changes gave way to the transformational changes of bankruptcy and then a...
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...high-quality educational books to the poorest people in the country. In addition, the business contains both economical and ethical requirements which are profit-making and positive social outcomes respectively. The audience of the report is the CEO of RTW. The poor people who live around the poverty line and the local retailers in Morocco would be target market of RTW. The report will be analysed from three perspectives, which are economical, social-cultural and political/legal environments and most relevant factors in each environment will present the favourable or unfavourable influences for RTW. The large target market, stable economy and cheap labour cost will show a moderate economical opportunity because the low literacy makes a constraint to the benefit. And for the social-culture environment, culture difference and diversity language environment represent a major risk, but local culture development might bring a potential opportunity. The current protest movements and high corruption also bring the major risk to business which is hard to be eliminated by benefit from international cooperation. Overall, the RTW might suffer from serious risks rather than opportunities. The recommendation to RTW might be that Morocco is considered inappropriate as a target country and therefore, Morocco should be eliminated from the list of markets under consideration. Economical environment Overall, the economic conditions in Morocco provide a moderate opportunity to invest our business...
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...When making a PEST analysis chart, you'll want to examine several external factors that may influence business operations and decision making, then classify these factors into four distinct buckets: policitcal, economic, social, and technical. Political factors are essentially how and to what degree a government's policy will impact a business's operations and decisions. Political factors include tax policy, labor law, environmental law, trade restrictions, regulations, tariffs, and political and economical stability. Governments have great influence on national infrastructure and the general education of the population as potential employees and customers. Economic factors are local, national, and international economic conditions that can influence a business's operations and decisions. Economic factors include economic growth, interest rates, taxes, consumer confidence, exchange and inflation rates. Social factors include lifestyle trends such as health consciousness, population growth rate, age distribution, career attitudes, and ethics. Trends in social factors also affect the demand for a business's products and how that business operates. Technological factors include R&D activity, licensing and acquiring patents, available research funding, communications, automation, technology incentives and the rate of technological innovation. Technological factors may determine barriers to entry, minimum efficient production level, and influence outsourcing decisions. PESTLE...
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...Who was Keynes and what were his ideas? John Maynard Keynes, born in 1883, is considered to be one of the most influential economists of the 20th century. He was most prominent during the Great Depression in the 1930s when he tried to create an economical revolution in economic thinking with his ideas of intervention in markets. The idea is also generally; that in the short run productive activity is very much influenced by aggregate demand, (aggregate demand is the total spending in the economy with the equation; Consumption + Investment + Government Expenditure + (Exports - Imports)) and that aggregate demand does not equal the productive capacity of the economy. Keynes believed strongly that Government Intervention would strongly help the economy to succeed and grow. His three main argument points concerning the Government were : The Government has a role to play in moderating the business cycle. Government can use short term monetary policy to engineer the economy. During economic hardship the government should spend to try and 'spur' on economic growth. In the second point I mentioned monetary policy, but what is it? It involves changes in the base rate of interest to influence the growth of aggregate demand, the money supply and price inflation. A short goal would be set for the economy to achieve this by changing the base rate. If the economy is doing well, the government should stop spending money, or spend less, but if the economy is bombing, the government...
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