The current business environment is constantly changing and diversifying and companies need to find the appropriate solutions to create long-term growth and ensure that their core business activity does not become obsolete. A good idea in this sense would be to diversify one's business b...

It is evident that small businesses contribute greatly to the economy. They supply to the economy by providing new innovations, and creating jobs, being responsible for more than half of Canada¡s employment. They also help the economy to reach several goals such as economic growth, full employment...

William Greider, a national affairs correspondent was quoted as saying \"The great, unreported story in globalization is about power, not ideology. It\'s about how finance and business regularly, continuously insert their own self-interested deals and exceptions into rules and agreements that are th...

Webster*s definition of diseconomy is lack of economy or a factor responsible for an increase in costs. As shown in the diagram above diseconomies of scale and economies of scale are the complete opposite. Diseconomies of scale occur for a number of reasons. One reason is when a specific process can...

Did FDR endanger the economic prosperity and well being of the nation? Contrary to the charge, FDR did not endanger the economic prosperity and well being of the nation. In fact, FDR's actions as president have rescued the nation's economy and have improved our economic future. The se...

International relations are dictated, to a large degree, by a set of norms. While some states may, at times, disagree on what actions should be considered "normal," the majority of nations recognize the mutual benefits that can be attained through cooperation on generally accepted "ru...

The tendency towards a global civilization is today evidence. Everybody needs to have knowledge of globalization to move on in the new economics in the world. Nowadays the global world is the result of an entire organization of economy and society. \"The World was divided into the First, Second and ...

Globalization is the massive forefront of 21st century business. Giant conglomerates have monopolized the entire American economic landscape and move on to increase their foothold in foreign markets. Companies have taken advantage of America's strong workforce and economy to ensure their streng...

This book presents a delicious paradox. Mary Klein, a Professor of History at the University of Rhode Island, has assembled a remarkably detailed, wonderfully readable and eminently literate account of the decline and fall of the American economy. His research is stunning, his words superbly chosen....

Are we selling our culture? That is an interesting question. But the answer is not that easy. Sure, we have sold out in many areas of our culture. Case and point, how many people have dream catchers in their cars? While they have little understanding of what they mean, or that they were manuf...

"Do interest rates have an important negative influence on investment expenditure?" Plan of the essay Introduction Part A 1. The interest rate 2. Investment expenditure 3. Relation of the interest rate to the investment expenditure Part B 4. Econometric model ...

China attracted a record $52.7bn (£32.9bn) in foreign direct investment (hereby referred to as \'FDI\') in 2002. The Chinese government made it easier for foreign companies to expand in China and entry into the World Trade Organisation (WTO) in 2001 has resulted in liberalization in some industries...

DaimlerChrysler- Chrysler Division, one of North America's major automotive manufacturing companies, is headquartered in Auburn Hills, Mi. Chrysler Division, along with its competitors in the automotive industry, plays a major role in the United States economy. Chief Economist, Gail Fosler, b...

One of the main problems in the global economy is the difference in savings rates between the US and China. Savings rates in China are exceptionally high. The consumer savings rate is around 30%, the highest since the government began experimenting with market reforms. In the US, savings are at -...

SYNOPSIS A. INTRODUCTION 1. Question Chosen for Research How does comparative advantage apply to the outsourcing of jobs/industries? Has David Ricardo's Law of Comparative Advantage become irrelevant today? 2. Scope of Synopsis The synopsis would first introduce the concepts of Compar...

Unemployment is one of the major economics problems. People who are considered unemployed are those who are seeking work or laid off for more then a week. There are many different reasons why a person could be unemployed. Three of those causes are cyclical, structural and seasonal unemployment. The ...

The Scorecard on Globalization Globalization and its Discontents by Joseph Stiglitz brings to light many different arguments about the way globalization is being handled by different government agencies especially the International Monetary Fund, and the World Bank. It is Stiglitz argument th...

George Stigler was the quintessential practical economist. Looking through his classic book The Theory of Price, one is in awe by how many principles of economics are illustrated with real data rather than hypothetical, made up examples. A professor at the University of Chicago, Stigler went on to w...

The primary purpose of the economic activity is to benefit consumer while maximizing wealth creation; while the distribution of that wealth is of secondary importance. 1. U.S economy is approaching Neoclassical model in which individuals are assumed to maximize their own private interest, and busin...

In this paper, I will create an argument towards conservative and liberal approach of poverty, while supporting the radical approach. I will start with the facts about the U.S. poverty. Americans living in poverty have increased significantly. The gap between the rich and the poor is continuously in...

I. IntroductionThe relatively recent development of longitudinal establishment datasets has generated quite abit of excitement in both the academic and the statistical communities. From this literature, wehave learned that there is a large amount of volatility at the individual establishment level t...

Perspectives on the Effects of Job Outsourcing from the United States to Asian countries: A Comparative Analysis The influx of outsourcing jobs from the United States to specific countries in Asia, or the practice of off shoring, is both a social and economic phenomenon that demonstrates how, in th...

The rise of the United States as a world power in the twentieth century was based on the reation of a specialized regional structure in the nineteenth century. Four major elements helped evolve America¡s nineteenth century regional structure from the agriculture based, post-independence country tha...

The Background of Arthur Cecil Pigou Arthur Cecil Pigou, commonly known as A.C. Pigou, is best known today for his work in welfare economics. He was a professor of political economy at Cambridge University from 1908 to 1943. During his life he wrote and had published over twenty books and essa...

Europe and America look admiringly at each other's labour markets. Europe's are better at avoiding poverty; America's create far more jobs. Yet both are grappling with a common problem: how to provide a decent standard of living for those who lack marketable skills MANY Europeans are bemused by the ...