Category: Economics 2707

  • Consumerism and Materialism

    Masoom, Muhammad Rehan, and Md Moniruzzaman Sarker. Rising materialism in the developing economy: Assessing materialistic value orientation in contemporary Bangladesh. Cogent Business & Management 4.1 (2017): 1345049. Web. This journal article provides research into the rising materialism in the developing economy and its impact on influencing materialistic value orientation in contemporary society. Most critically, the…

  • Internationalization: The Strategic Challenge

    For a number of years now, the European steel industry has seen the victorious privatization of one of its last state possessed steel corporations, Spanish Aceralia. The corporation has also seen configuration of the globes third major and Europes major makers of steel, Thyssen Krupp Stahl (TKS) as well as a number of other diminutive…

  • Resource Based View Strength and Weakness of a Firm

    Table of Contents Concept of EVA and economic rent Resources & their use Distinctive capability References Resource based view (RBV) deals with the internal strength and weakness of a firm. In the concept of RBV, a firms performance and profitability are determined by the assets of the firm and managerial abilities of the people working…

  • Can Economists Predict the Future?

    Table of Contents The Current Recession The Crash of Various Stock Exchanges Conclusion References Economics is a very interesting and a very useful subject, economics is capable of doing a lot of positive things. The Stock Market in any country operates on the principles of economics and it also indicates the economic situation of a…

  • Economic Political and Social Contexts of Italy

    The report here presents the economic political and social contexts of Italy which are considered by the marketing team to evaluate the country for penetration. Here the required details for the marketing considerations are provided which may make the decision to enter Italy or not a lot easier. This essay will portray the numbers that…

  • Circular Economy as an Emerging Trend

    Table of Contents Introduction Article Overview Conclusion References Introduction The trend that appears one of the most significant for organizational and societal future on the global scale is circular economy. Simply put, it is a mode of production that makes the most use of recycling, eliminating waste and reusing it in a fashion that can…

  • Why Government Should Not Have Bailed Out Banks?

    Following the financial crisis of the year 2008 and which is still affecting the global economy even today, various companies collapsed as a result of the economic recession that was witnessed all over the world. This led to the governments of some countries bailing out some of the affected companies and this can be attributed…

  • Federal Reserves Role in the US Economy

    The US economy is going through a very bad period; the Subprime crisis has severely affected the US economy. This is arguably the second worse situation that is haunting the US economy. The worst was the great depression which was signaled by the Stock market crash in the year 1930. The Bailout package has been…

  • Adam Smith and the Invisible Hand

    Table of Contents Introduction The Invisible Hand Interpretations of The Invisible Hand Economic Relevance of the Invisible Hand Conclusion Works Cited Introduction Adam Smith was a pioneering economist who used the metaphor of the invisible hand to describe how unrelated human actions can benefit the overall social and economic welfare. The invisible hand, as defined…

  • Economic Value and Social Value

    Economic value is a measure of the benefit that a service or product provides to a group of people. It is measured in relation to the units of money in the economy. My understanding and opinion are that economic value occurs when a company, for instance, has all of its goals and objectives centered entirely…