...According to the textbook Ch.3), there are five global ecomomic challenges that businesses must face. They are international terrorism, aging of the world's population, growth of India and China straining commodity prices, shift to a global information economy, and enhancing competitiveness of every country's workforce. Which of these do you think the US will have more problems with in the next 5 years? Why? Give supporting information I think the United States will have more problems with international terrorism with in the next five years because this effects the majority of our economy today. In five years international terrorism may get worse. Terrorist numbers are rapidly growing by recruiting anyone using social media and any other resources they can find. The United States spent over $16 billion dollars annually on counter terrorism and the cost of war and war related spending from 2001 through the end official year 2014 is about $4.4 trillion and counting. We also have to keep in mind the costs of paying for veterans’ care now and into the future will be a sizable portion of the full costs of the war. International terrorism not only effects the United States its also a global phenomenon. The ripple effects on the United States economy have been significant, including job loss, interest rate increases and all this effects how we spend which then effects the stock market. When the United States has an economic down fall this effects the world’s economy. International...
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...Vietnam’s Economic Growth in Renovation Period With the pressure of the economy sinking into economic crisis, the Party and the Government of Vietnam decided to intiate an ecomomic renovation policy in 1986. After over 15 years of reforming economy, Vietnam has gained progresses and important achievements widely recognised inside and outside the country. Overall, Vietnam has shifted from a centralized bureaucracy plan subsidized economy to a market-oriented one, from an economy massively developing state sector and groups to a diverse multilateral open economy, from an economy priotising heavy industries to an economy emphasizing 3 strategic econmic plans: food and foodstuff, consumer goods exports. The economic growing process in the past 15 years can be divided into the following periods : The 1986-1991 period It was the period of transition, having the most important meaning in the process of tranfering from a centralised planning mechanism to a market one in the context of severe socio-economic crisis in the early 80s. In this period, Vietnam had to face many difficulties and challenges. Foreign investment environment of Vietnam was quite open but some points in its foreign-investment laws were still inadequate and failed to meet the demands of foreign investors. Vietnam’s facility was outdated, not being suitable for its integration into the regional and the world’ecomony. The heavy bulky management mechanism with spead beraucracy was one of the great hinders to investors...
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...Effects of credit crunch/policy within the last ten years on political economy decisions in two countries: the UK and France. Introduction: The UK and France are two leading Western European countries having the fifth ($2.9 trillion) and sixth ($2.8 trillion) largest economies respectively. They are both apart of the European Union in which France was a founding member with the UK later joining in 1973. It presently gives them the opportunity to have a single market with all twenty-eight-member states. But their similarities do not stop there with both countries sharing similar statistics in population (UK – 64.1m, France – 66.3m) as well as a similar labour force of around 30 million. However, there are several major differences between the two countries including the currencies they use; France adopted the euro in 1999 whilst the UK opted out of the Maastricht Treaty retaining the British Pound. But the most interesting difference is the way each country handles their economic policy in such contrasting fashion. This paper looks to show which policies were implemented by each government and the economic theories behind them. Political Economy Comparison: 1) State Ownership UK * The David Cameron administration since 2010 has been fast to privatise and sell off state owned companies. They have recently given an IPO to Royal Mail and are keen to sell other assets including its equity in URENCO. Furthermore, from early January ‘under a new Treasury scheme, members...
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...Opportunities and Challenges Facing FIAT to Enter Ukraine Opportunities and Challenges Facing FIAT to Enter Ukraine Report Team: NO.10 Italy Class period: Tuesday 8, 9 Team Member Zhou Wen Duan Jiaqi Han qingxiu English Name Cookie Todd May Student Number 41006044 41032003 41029021 Contact Information 289192701@qq.com 917686559@qq.com 304593546@qq.com 1 Opportunities and Challenges Facing FIAT to Enter Ukraine Executive summary The report is going to analysis the opportunities and challenges facing FIAT to enter Ukraine automobile market. We first identify the strength and weakness of global strategy of Fiat with the SWOT analysis (Appendix 1) to find out entering Ukraine could contribute to Fiat’s global strategy, and then we evaluate the investment potential in Ukraine with PEST analysis (Appendix 2) to find out that Ukraine government is encouraging foreign investment by incentive policy and regulation, moreover, the automobile market in Ukraine is large. However, under the condition of financial crisis, the trade protectionism is on the rise in Ukraine, making the existing competition fiercer than before. To solve the problem, we suggest Fiat to export light vehicle and manufacture installation kit by joint venture to minimize risk and mitigate challenges. Besides, the board should pay attention to balancing the relationship among local government, local employees and management layer. 2 Opportunities and Challenges Facing FIAT to Enter Ukraine Content...
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...DMA 501 MARKETING MANAGEMENT BY DR JUSTUS M MUNYOKI SCHOOL OF BUSINESS UNIVERSITY OF NAIROBI 2010 INTRODUCTION THE CORE CONCEPTS OF MARKETING. Marketing is a social and Managerial process by which individuals and groups obtain what they need and want through creating, offering and exchanging products of value with others. Then the core concepts of marketing are - Needs , wants and demands - Products - Value, cost and satisfaction - Exchange and translations - Relationships and networks - Markets - Marketers and prospects Needs, wants and demands A need is a state of deprivation of some basic satisfaction. A need is not created by the marketer, but is a biological concept, for example hunger, thirst, safety, shelter, esteems. Wants are desires for specific satisfiers of needs and may be considered a higher level need. For example when an individual may have a need for food, his / her want will be a specific prepared meal such as chicken or fish, Demands are wants for specific products that are backed by an ability and willingness to buy them, wants become demands when supported by purchasing power. Effective demand is comprised of people who are willing and are able to buy a product. Product – Comprises of goods, services and ideas that satisfy human needs and wants. A product is anything that can be offered to satisfy a need or want. Value, cost satisfaction - a value is the consumer’s estimates of the products...
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