Essays on business,economics

Seasonal Commodity: Year-Long Distribution
Words • 1872
Pages • 8
Whether buying roses for an anniversary gift in May, as a congratulatory offering after a recital in October, or for a loved one on Valentine’s Day in February, roses are always available for purchase in stores across America. When buying roses, the thought of the consumer is most always on the recipient of the flowers themselves rather than how this seasonal commodity continues to be sold in stores throughout the U.S. regardless of the season. Although these flowers are easily…...
Production function
Words • 472
Pages • 2
“How is the short-run production function different from a long-run one? Explain how a firm can select the optimal quantity of input in each case ” And the second question is: “Elaborate on the various methods of reducing the ATC in the imminent short run and in the long run. ” Production function Production function is a function that specifies optimal output of a production from all combinations of input. Inputs include labor, machinery, buildings, raw materials and energy. But…...
A Study on Impact of Fdi on Service Sector
Words • 873
Pages • 4
The study aims to analyze the growth dynamics of the FDI. It intends to see whether the growth in FDI has any significant impact on the service sector growth and also investigates whether a growth in this sector causes the GDP to grow, also analyzes the significance of the FDI Inflows in Indian service sector. The study also looks into the sub-sectoral dynamics and indicates towards the fact that the trade, hotels and restaurants, transport. storage and communications sub-sector contributes…...
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Capital Budgeting Evaluation
Words • 952
Pages • 4
This paper will give a comparison between the various preferred capital budgeting evaluation techniques in the corporate business setting. There will be a recommendation given for the Guillermo Furniture Company based on the results of one or more evaluation techniques, which in turn will help direct the financial health of the organization. Corporations are continually striving to improve the financial health of its organization and one strategic way many corporations are doing that is through capital budgeting. Capital budgeting involves…...
Cost of Opportunity
Words • 631
Pages • 3
Assuming the best choice is made, it is the "cost" incurred by not enjoying the benefit that would be had by taking the second best choice available. The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen". Opportunity cost is a key concept in economics, and has been described as expressing "the basic relationship between scarcity and choice".  The notion of opportunity cost plays a crucial part in ensuring…...
Deat Adam Smith and the Wealth of Nations
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Pages • 4
They would do this not as a means of benefiting society, but in an effort to outperform their competitors and gain the greatest profit. But all this self-interest would benefit society as a whole by providing it with more and better goods and services, at the lowest prices. To explain why all society benefits when the economy is free of regulation, Smith used the metaphor of the “invisible hand”: “Every individual is continually exerting himself to find the most advantageous…...
Businessbusiness,economicsEconomicsNationWealth of Nation
Distrigas Corporation
Words • 1025
Pages • 5
Q1. As per the provided information the Gas Utility companies pays a base commodity charge of $. 3359 plus a peak usage demand of charge that is $4. 63 per Mcf multiplied by the total demand during the maximum take day in the last 12 months which is 240 in this case. The cost per MCF can be derived by the below formula (Commodity Base Charge * Total Demand) + (Peak Usage Demand Charge* High Peak in 1 day* months…...
Elasticity on Demand, Breakeven Analysis and Pricing Decisions
Words • 456
Pages • 2
When a firm changes prices, the effect on profits is more important than the effect on revenue. There is a simple formula to calculate the critical Price Elasticity of demand which is just sufficient to maintain the contribution to overheads and profits. This will be greater than that required to maintain revenue. A common issue in business and in business studies is whether a firm should change the prices at which products are offered. The calculations begin with estimates of…...
Profit maximization in case of perfect competition
Words • 442
Pages • 2
Profit  is  the  difference  between  revenue  and  cost.  In  short  run  a  firm  operates  with  a  fixed  amount  of  capital  and  must  choose  the  levels  of  its  variable  inputs (labour  and  materials).  Profit  is  maximized  when  the  marginal  revenue  of  the  firm  is  equal  to  the  marginal  cost  of  production  and  this  holds  true  for  every  firm.  Since  the  demand  curve  facing  the  firm  in  a  competitive  market  is  horizontal  so marginal  revenue  and  price  are  equal.  So  the  condition …...
Foreign Direct Investment
Words • 3172
Pages • 13
This Essay will analyze three streams of thought concerning the engagement of firms in Foreign Direct Investment, namely Hymer’s Approach, the Internalization Theory and Dunning’s Eclectic Paradigm. There is, naturally, a great deal more to be said about Internationalization of Production, but this essay will focus to these three paradigms mainly because of their modernity and also due to limitations of space. The selection of the first two specific schools of thought is because of their significance in their time…...
Microeconomic statements
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Pages • 5
1. Indicate whether each of the following statements applies to microeconomics or macroeconomics, and why: 12 Marks Total a. The unemployment rate in Canada was 7.0 percent in January 2010 Answer: This is the macroeconomic statement because it describes the unemployment rate of the whole country. b. A Canadian software firm discharged 15 workers last month and transferred the work to India. Answer: This is the microeconomic statement because it focuses in an individual Canadian software firm of how they…...
Main Market Mechanisms
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Pages • 3
Scientific management of resources in the line of production, distribution, exchange and consumption is called simply allocation of resources. The allocation of resources discussed principle of right sharing of resources among competing sectors. Whatever, the type of economy be it capitalist, socialist of mixed decision has to be made regarding allocation of resources. In a capitalist economy decision about the allocation of resources are made through the free market price mechanism. A capitalist of free market economy uses impersonal forces…...
Businessbusiness,economicsEconomicsGlobal MarketingMarketing
Evolution of Financial Management
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Pages • 3
The Traditional Phase:This phase has lasted for about four decades. Its finest expression was shown in the scholarly work of Arthur S. Dewing, in his book tilted the Financial Policy of Corporation in 1920s. In this phase the focus of financial management was on four selected aspects. It treats the entire subject of finance from the outsider's point of view (investment banks, lenders, other) rather than the financial decision maker in the firm. It places much importance of corporation finance…...
Political Stability
Words • 697
Pages • 3
Politics highlight the role of nation governments, as the large global company, the firm has to deal with national political systems differently. The difficulties to negotiate with government conditions including tax systems, regulations and restriction which the firm has to adjust the service conditions and product requirements to get into the nation markets. These will be the huge impact which the firm has to be considered properly in order to work well with the governments and reach customer goals. However,…...
Airline Company and High Fixed Costs
Words • 594
Pages • 3
What are the challenges connected with managing in an organisation with high fixed expenses like airlines? To understand the obstacles firms face with regard to high fixed costs we need to first have a fundamental understanding. A set expense is a regular cost the company sustains regardless of production, and modifications in volume. It is an expense that needs to be paid regularly, however the quantity of the expense may differ. Companies with high fixed expenses need to have total…...
New Heritage Doll Company Write-up
Words • 1314
Pages • 6
Introduction New Heritage Doll Company is a firm that has ventured into doll production which has sought to extend its brand in order to broaden its market framework and more importantly capitalize on high levels of customer loyalty. The vice president of the Company, Emily Harris, is to forward her project proposal to the Budgeting Committee for evaluation. The Vice-president’s objective for proposing the project was based on potential to strengthen the Company’s division of production and drive future growth.…...
Globalization and Import Substitution Industries
Words • 1294
Pages • 6
“There is a belief among some economists that a country should focus more on export sector explanation and diversification than promoting the import substitution Industries (ISI).” Critically comment on this taking Sri Lankan economy as an example. You are expected to refer relevant articles from recognized sources on the said areas and provide your own views and analysis with proper reasoning. Export means shipping the goods and services out of the port of a country. An import is a good…...
Valuation of AirThread Connections
Words • 1223
Pages • 5
Given the background of ACC and AirThread, do you think the acquisition is a good idea? Briefly explain your answer. Yes. First, American Cable Communication (ACC) and AirThread could help each other compete in the industry that was moving more and more bundled service offerings. Second, the acquisition could help both companies expand into the business market. Third, ACC was in a unique position to add value to AirThread’s operations because the acquisition could save AirThread more than 20% in…...
Keurig Company’s Analysis of Current Market Conditions
Words • 2111
Pages • 9
Before investing time, money, and resources into new product development, every company must fully understand the existing market competition. Analyzing competitors in depth will help a company determine future potential success of the new product segment. Though Keurig is the industry leader in coffeemakers and coffee portions, they too experience factors affecting supply and demand. In addition, Keurig often sees many attempts to compete with their product. However, it is important to note that even the competition has great potential.…...
Product Life Cycle Theory
Words • 1268
Pages • 6
One of the hypotheses that were existed in the world about the trading of goods and service is called the H-O; the theory said that the international trading would only happen inside countries that have different resources; Labor rich country will trade with capital rich country. However, the theory is not really working on the international trade, 60% of the trading volume in the world only happens with the developed country which rich of the same input which is capital.…...
Businessbusiness,economicsEconomicsProduct Life CycleTheory
Case 15: Teletech Corporation, 2005
Words • 953
Pages • 4
Case Study 3: Estimating the Cost of Capital 1. Currently Teletech Corporation (TC) uses a single hurdle rate for both their Telecommunications Services (TS) and Products and Services (P&S) divisions. This hurdle rate obtained by an estimate of TC Weighted Average Cost of Capital (WACC), which is calculated at 9.3%. When analyzing critically at this point, TS is underperforming with a return on capital (ROC) of 9.1%, whereas, P&S segment is well over the required rate of return as it…...
Cross-Border Strategic Alliances and Foreign Market Entry
Words • 603
Pages • 3
Introduction It is indisputable that as the world gets globalized, virtually all companies are compelled to expand their market to the international or foreign nations. Expansion into the foreign countries is perceived to be associated with many positive impacts. However, it has been shown that some entry modes are detrimental to the performance of the company or the firm. This implies that before any firm decides to expand, it has to weigh different international entry modes and determine the best…...
Accounting Martinez Corporation
Words • 788
Pages • 4
Martinez Business has actually decided to introduce a brand-new product. The brand-new product can be manufactured by either a capital-intensive technique or a labor-intensive technique. The production method will not affect the quality of the product. The estimated manufacturing expenses by the 2 methods are as follows: Capital Labor Intensive Direct materials $5 per unit $5.50 per system Direct labor $6 per system $8.00 per system Variable overhead $ 3 per unit $ 4.50 per system Repaired production costs $…...
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