Category: Economics 2707

  • Economic Development and Its Elements

    Introduction Economic development is an important aspect that helps promote the stability of any given country and its citizens. Well-developed nations have governments that concentrate on these sectors. Underdeveloped countries, including those with vast natural resources, would fall behind if they fail to support technological research and enhance their workforces skills and education. Below are…

  • Is the Customer Always Right?

    Table of Contents Introduction The Customer is Always Right Conclusion Reference Introduction In business, companies, managers, and employees strive to offer the best customer service because happy customers lead to more sales and higher profits. The customer is always right is a cliché statement that is used as a foundational philosophy for running successful businesses.…

  • Australian Economic Stimulus Initiatives

    Table of Contents Back-to-School Initiative Regression Analysis for the Back to School Program Economic Contraction in Australia Growth Rate Graph List of References Back-to-School Initiative The Australian government has taken the initiative to promote the back-to-school program although there seems to be no direct evidence that this program has led to the increase in the…

  • How to Increase Forex Business

    An analysis of revenues generated by ABC bank from its foreign exchange (forex) division shows that returns have been unpredictable over time. The bank needs to understand what is wrong and how it can rectify the situation. While the market situation may not necessarily support huge profits like those seen in 2009, several other banks…

  • Economics. America: The Next Greece?

    Table of Contents Introduction Summary of the video Evaluation Strong points Weak points Conclusion Works Cited Introduction America is projected to be in the same economic situation as Greece because of its budget that is mainly financed by the deficit. Not only are they financed by debts but also they show weakness in the ability…

  • Budgeting: Discussing Various Methods

    Abstract This paper discusses the various budgeting models namely the traditional budgeting model, the zero based budgeting model and the activity based budgeting model. The paper discusses the advantages and disadvantages of each model, and gives a suggestion on the business environment under which each model would be most appropriate. The paper also gives a…

  • Implementation of Capital Budgeting Techniques

    Introduction Investment appraisal is very crucial before making commitment to huge capital investment. The appraisal process is characterized by two major activities. The first one is the assessment of the level of expected return accruing from the expenses incurred. The second one entails the estimates of future costs and benefits that are earned during the…

  • Exit of Foreign Companies From the Market Due to Internal Problems

    The value of the currency will decrease slightly in the future, however, it will not have any negative impact on the domestic economy in a long-term perspective. The soft drinks in the country can be more expensive compared to American prices; it does not mean anything as there are a lot of countries where the…

  • Honduras: Global Change and Development Project

    Table of Contents Introduction The Economy Population Migration Development and the SDGs Conclusion References Footnotes Introduction Globalization is an integral part of modern world development, which has an impact on all spheres of peoples life. However, this process affects states differently as some of them receive profit and benefit from it, while others only aggravate…

  • Economic Development and Its Elements

    Introduction Economic development is an important aspect that helps promote the stability of any given country and its citizens. Well-developed nations have governments that concentrate on these sectors. Underdeveloped countries, including those with vast natural resources, would fall behind if they fail to support technological research and enhance their workforces skills and education. Below are…