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Recession Of Indonesia Indonesia has been among the world's fastest growing economies for the past thirty years. However, all of a sudden, it was badly hit by the economic meltdown in South East Asia region in late last year. In recent months, fueled by Thailand's economic meltdown, Indonesia's currency, the rupiah, has lost more than 80 percent of its value against the U.S. dollar. The unexpected rush forced supermarkets to put limits on goods and many ran out of goods like rice, sugar,
Indonesia has been among the world's fastest growing economies for the past thirty years. However, all of a sudden, it was badly hit by the economic meltdown in South East Asia region in late last year. In recent months, fueled by Thailand's economic meltdown, Indonesia's currency, the rupiah, has lost more than 80 percent of its value against the U.S. dollar. The unexpected rush forced supermarkets to put limits on goods and many ran out of goods like rice, sugar, cooking oil, and milk. At
Tobacco companies are now in trouble, confronted by all the scientific research results from the society, that cigarets makers have been concealing the fact that tobacco contains an addictive drug from an unwary public. Tobacco industry researchers say throughout the years it has been showed that smoking causes diseases such as oral and lung cancers, emphysema, and heart disease. There have also risen recent law suits against tobacco companies for what they have been told the public about the
NEPAL: NEW HORIZONS..? Nepal is an independent country which lies as a buffer between two major powers, China and India. Small, landlocked and poor, the Himalayan Kingdom of Nepal was first opened to the outside world in 1951. Lord Buddha (Siddhrtha Gautam, 563-483 BC) was born in this country but still considered as the only Hindu nation in the world. However, the main religions are Hinduism (87%), Buddhism (8%), and Islam (4%). Even though Nepalese is the national language, there are 70 dif
Eliyahu M. Goldratt's The Goal is an interesting and informative business book that covers many of the issues facing businesses today. These issues include bottlenecks, activating versus utilizing resources, small batch sizes, work in progress, the concept of a "Balanced Plant", "the real goals" of an organization, and the Theory of Constraints. In this novel, Al Rogo learns there are three things that a manager must be able to do in order to manage and that is to learn what to change, what to
In an article in the Friday, November 22,1996 edition of the Wall Street Journal, Robert Berner reports that a small company called Langlitz Leathers in Portland Oregon is making one of the worlds most popular leather jackets, but they will not increase their production from six jackets per day. According to the Journal, "Langlitz is the leather jacket of choice for many rebels . . . as well [as] people who want to look rebellious. (WSJ A1)" The executives at Langlitz seem to understand that
Ethics in Business >From a business perspective, working under government contracts can be a very lucrative proposition. In general, a stream of orders keep coming in, revenue increases and the company grows in the aggregate. The obvious downfalls to working in this manner is both higher quality expected as well as the extensive research and documentation required for government contracts. If a part fails to perform correctly it can cause minor glitches as well as problems that can ca
The Business of Dying Prepared for: Peru State College Business Administration 251: Legal environment and Contract Law Submitted to: Victor F. La Puma April 5, 1998 By Lisa M. Holmes 403 Main Street, box 331 Johnson, NE 68378 402-868-4945 TABLE OF CONTENTS CHAPTER 1Die and Pay Taxes 1 CHAPTER 2The Concept and the Cases 3 CHAPTER 3 Legislation and the Health Care Stand 9 CHAPTER 4Death a matter Ethics, Religion or Legal Realism 13 CHAPTER 1
Socialism aims at a social system based on public ownership of the means of production (Von Mises, 1969). Arising in the late Eighteenth and early Nineteenth Century, socialism developed as a reaction to the hardships caused by capitalism and industrial revolution. The government owns and operates all material resources in a social system. Socialism first originated in France and England at about the same time, but as it grew socialism took different courses throughout each country (Wells, 1
In today's corporate environment, human resources are undeniably our most valuable asset. By valuing and training our employees, we are better able to meet the needs of our clients. More and more, companies are realizing the importance of corporate etiquette in the sales environment. Customers are looking for a manner conscious sales associate with attention to detail, and a desire to be his or her best. The proper use of manners can show a client immediately what you're made of. According
I EXECUTIVE SUMMARY With the continuance of the United States's industrialization, the truck industry was at its peak before the 1980s strikes and concession from the United Auto Workers. These series of strikes were followed by recession that resulted in raising interest rates. The truck manufacturing industry was really in trouble, including Navistar. As the largest truck manufacturing company in the United States, Navistar faces many competitors, and they are Ford, Freightliner, Mack, V
D. Friar Investments 591 Monday, 27th May, 1997 Re-Emerging Markets? During 1993, the buying fever for emerging market shares was at its peak and each day a mutual fund specializing in investment in ever more exotic locations seemed to appear. Mexico, Latin America and even post communist Eastern Europe were in turn touted as the next 'dragon' economies of the 90's. Unfortunately, anybody who put cash into an emerging market equity fund three years ago, lured by the promise of vast
The Fed and Interest Rates Dave Pettit of The Wall Street Journal writes a daily column that appears inside the first page of the journal's Money & Investment section. If the headlines of Mr. Pettit's daily column are any accurate record of economic concerns and current issues in the business world, the late weeks of March and the early weeks of April in 1994 were intensely concerned with interest rates. To quote, "Industrials Edge Up 4.32 Points Amid Caution on Interest Rates," and "In
I believe that General Motors Has one of the best technical development facilities. When an ambitious young inventor named Charles E Kettering set up a small laboratory in a Dayton, Ohio, barn in 1909, he laid the foundation for what was to become the automotive industry's first research laboratory. Today that organization survives--and thrives--as the General Motors Research and Development Center. Charles F. Kettering's first laboratory, 1909-1911, was in E.A. Deeds' barn in Dayton, Ohio. Thi
Like most great enterprises, Ford's beginnings were modest. The company had anxious moments in its infancy, balancing precariously on the brink of bankruptcy until cash inflows from sales began. The earliest record of a shipment is July 20, 1903, approximately one month after incorporation, to a Detroit physician. With the company's first sales, came a ray of hope. A worried group of stockholders, skeptically eyeing a bank balance that had dwindled to $223.65, breathed easier, and a young Ford M
Everyday 3,000 children start smoking, most them between the ages of 10 and 18. These kids account for 90 percent of all new smokers. In fact, 90 percent of all adult smokers said that they first lit up as teenagers (Roberts). These statistics clearly show that young people are the prime target in the tobacco wars. The cigarette manufacturers may deny it, but advertising and promotion play a vital part in making these facts a reality (Roberts). The kings of these media ploys are Marlboro
Anti-trust Acts in the Information Age As many people have noticed, recently there has been a huge focus in the media on Bill Gates, and his huge Microsoft Corporation. This past Friday, May 22, 1998, a federal judge combined two lawsuits and set a trial date for September 8, 1998. This trial date will address a government request for a preliminary injunction concerning Windows 98 as well as broader issues. The Sherman Anti-trust Act was passed in 1890. Then in 1914 the Clayton Act was
Russia's Risks Investing in any country will have risks. The Eastern European Countries are extremely risky, when compared to Western Europe. Most specifically, Russia is an especially high risk country. The future of Russia cannot be accurately predicted. We can look at Russia's past, and at the present options and analyze them, but we cannot however, predict what will become of Russia in the future. Russia's history is full of strong central government, and the Russian People are acc
Social Responsibility & Freedom of Speech In the case of Time Warner versus rap critics, the issue being debating is the allowance of violent, racial, and discriminatory lyrics on rap albums. "These critics called Time Warner irresponsible for distributing violent, degrading, and sexist lyrics and for making money by undermining community values." After hearing these remarks, Time Warner responded by saying that rap lyrics express ideas, and are protected by the First Amendment. The crit
Summarize the three arguments on labor unions. To start with, the Conservatives believe that labor unions are bad. They feel that labor unions have too much power for their size. Labor unions use this power as blackmail against companies, by becoming labor monopolies. They ask too much of companies, causing either the company to shut down, or to supply more money for the employees. Conservatives also believe that labor unions lead to recession because they cause wages to go up, and that
Executive Summary The Dark Side, is an after hours coffee shop located on East Evans Avenue and South High Street. Hours of operation being 4 pm to 2 am, the intention is to attract people ages 15 to 30 years, mostly being students especially from the University of Denver. By offering three distinctive atmospheres within the coffee shop our goal is to satisfy the diverse needs among this age group. We will do this by implementing a study room, a lounge and a main room. On weekends we pla
The Future Of The Canadian Financial Institutions As we approach the information age, society and all of its components must change. Some elements of society are doing this quickly, embracing new technologies and production methods. In this way they are preparing themselves for the future. Other segments of society realise that change is inevitable but for their own benefit try to slow it down. Thus while they delay change they do not in fact stop it. Finally, there are those elemen
Outline Thesis: The idea of a virtual office is becoming a reality and is changing the traditional corporate culture forever. I. Comment on traditional work A. Companies visions for future II. Visions for future becoming reality. A. Telecommuting. B. Prospects for year 2000. C. Statistics: Office of technology, Department of transportation. III. New ways companies will hire employees. A. Example: New York Life. B. Hiring on the Internet. IV. Telecommuting
Hawaii has an area of 28,313 sq. kilometers(10,932sq miles) and is the 43rd largest state in the United States. 6.9% of the land is owned by the federal government. The Hawaiian islands consist of 8 mainland islands and 124 islets, reefs, and shoals. The major islands in order of size are Hawaii, Maui, Oahu, Kauai, Molokai, Lanai, Nihau, and Kahoolawe. Population growth over the last 5 years has increased by 80,000 people. Demographics show a large number from the Asian-Hispanic, Asian, an
DuPont Company by: Ferris Bueller The DuPont company was established in a small town in Delaware in 1802 by a French immigrant named Eleuthere Irenee du Pont de Nemours. The DuPont company now a days is in production of high value products. DuPont currently produces polymers, chemicals, fibers, petroleum products, apparel, transportation, aerospace, electronics and health care. DuPont company serves customers in these and other industries everyday offering "better things for better liv
Chris Argyris:What Goes Around Comes Around From the day that we as children came to realize how to talk this was important to us, especially how we were talked to. When we would do something wrong our parents would reprimand us and would send us to the bedrooms but when we did something good our parents would reward us with cookies, gifts or simple hugs and this made us listen better or even perform better. The same principle applies to the work place, between managers and the workers.
Introduction Effective organizations are always searching for better ways to produce goods and services. When new technological developments give some organizations a competitive advantage, their rivals try to catch up by adopting and improving on the new technologies. Ford has put many of Toyota's technical advances to work in its own plants, and General Motors has spent over $50 billion in the last decade to modernize its production facilities to develop skills in flexible manufacturing. In
Unemployment is a term that nobody wants to come face to face with it. "Statistics Canada defines the unemployed as those who are without jobs and who are actively looking for and available for work" (Macroeconomics: A Problem Solving Approach; 418). Many in our country suffer from unemployment and contrary to published statistics, the unemployment rate (the number of people unemployed as a percentage of the labour force) is said to be much higher than the 12 per cent it is said to be. While
Europe after the second world war, had been left decimated for the second time within twenty years. With this unlike the previous war, the United States was now determined to insure their own economic security, as well was ready to aid Europe in any ways that were needed. The US however was not going to help unless they were asked to help by the European nations. The United States did not wish to force upon any other nation, the ideologies of the United States, nor to influence other nations aga
Beer Market in Norway By Nathan S Hosley The beer industry is an ever present and growing industry in Norway. The people of Norway have a long history of drinking beer. Even though the tax on beer is the second highest in the world Norwegians continue to drink copiously. Norwegians spend more money on beer per capita than any other nationality. (Turborg P1) Norwegians are very proud of their country and it is not an easy task to compete with local products (Tuborg P1), thus,
Comparison of the Armchair Economist and Hidden Order There are several ideas discussed in these two books which have also been discussed in class. In The Armchair Economist, Landsburg addresses several of these topics. The indifference principle was discussed in chapter four of this book. His definition of this principle is when one thing is preferred to another, people switch to it until it stops being preferred or until everyone has switched to it. Although this exact terminology has no
There are many different factors that influence a company as to what it will produce. Things such as good earning reports could send a stock soaring, where as bad earning reports will usually send it plummeting. Thinks suck as mergers and takeovers greatly influence the price of a stock and the way it conducts its business. I recently bought stock in a company called Nextel Communications Inc. (NASDAQ symbol NXTL, www.nextel.com). I feel that it was a very wise purchase, as I will describe in
Nike, a Brief Historical Perspective The Nike Corporation really got its start in 1957 when Bill Bowerman and Phil Knight met at the University of Oregon. Bowerman was the technical innovator and Knight the driving force behind the marketing of an entirely new kind of athletic shoe. In 1962, with the help of the Onitsuka Tiger Shoe Company in Japan, Knight and Bowerman began the process of marketing athletic shoes under the Nike name. The initial marketing effort was simple in its scope. K
'The increasing application of Scientific Management principles of work organisations to services is, despite its limitations, inevitable and irreversible'. Discuss. ___________ MSc Adam Cossey(c) 'The increasing application of Scientific Management principles of work organisations to services is, despite its limitations, inevitable and irreversible'. Discuss. I Introduction From the outset of this essay it is nec
America Online To Unveil Flat Fee For Internet Access The Internet is becoming more popular and more widely used, and the Market for internet access is growing rapidly. To stay competitive in this fast-moving industry, America Online has announced that they will switch their price plan for internet access.to a flat-fee rate of $19.95 per month. After the changed in price (decrease), the Supply curve "S" will shift to "
Essay on Poverty and Welfare Today it seems as if everyone has a theory about fighting poverty, now it is not necessary to be moving in the theoretical plane. Our country has had successful anti-poverty programs that were effective back a century ago, effective because they were based on these seven points: affiliation, bonding, categorization, discernment, employment, freedom, and God. But a key element in all of them is personal involvement and chall
The Advantages and Disadvantages of Incorporating a Business In order to mention all the advantages and disadvantages of incorporating a business, first I should try to explain what a corporation is. In 1819, Chief Justice Marshall of the United States Supreme court said: " A corporation is an artificial being, invisible, intangible, and existing only in contemplation of the law." In the Webster's College Dictionary corporation is defined as "an association of indiv
Business Plan Business Plan: Progressive Consulting What follows is a complete business plan for a hypothetical company. Please copy or save to your disk and use as an example in developing your own business plan. If you would like to read a series of articles jump to Web Marketing . For additional business aids click on The Practical Tools of Consulting 1. 0 Executive Summary Progressive Consulting will be formed as
Davin Bloom A career in the securities industry can offer exciting work if you enjoy working in a competitive and demanding atmosphere. Investment bankers, stock brokers, and stock traders all make up the securities industry providing services to each other, as well as the general public. All of people involved in this field deal with stocks, bonds, and other financial material in some way or another, but they all have their own specific objectives and duties. The p
Burger King is a reliable burger company which has had its ups and downs. In 1974, it came out with a slogan of "Have it your way" and at this time it also had a 4 % market share. Burger King's idea was to have the customer have their burger done their way rather than a standard burger. In the early 80's Burger King was trying to keep sales growing so they had to keep changing their advertising. In 1982 "Battle of the burgers" and "Aren't you hungry for a Burger king now?" were
Chaos in The Currency Markets : Currency Crisis of The EMS 1. What does the crisis of September 1992 tell you about the relative abilities of currency markets and national governments to influence exchange rates? The currency markets and national governments both have abilities to influence exchange rates. Like other financial markets, foreign exchange markets react to any news that may have a future effect. Speculators are the part of the currency markets that take
Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, China's gross domestic product has risen to seventh in the world, and its economy is growing at over nine percent per year (econ-gen 1). Starting in 1979, the Chinese have implemented numerous economic and political tactics to open the Chinese marketplace to the rest of the world. Just a few areas China's government is addressing are agricultural t
When considering the advantages and disadvantages of command and market economies, you may notice that they are usually straight forward, yet, both advantages and disadvantages may merge at times, resulting in an unclear issue, that could be debatable whether it is for the good of the society, or for the government. Therefore, what I am trying to say, is that no matter how hard you try, it is always impossible to debate on which economic system is better. Both have their good p
The Japanese Market has become vital to the U.S. Economy. Japan is the number one export market for the United States. In 1993, Japan accounted for 37.6 percent of the total growth in U.S. value-added exports. U.S. food products, in particular, are a huge market in Japan. American agricultural exports to Japan in 1993 were $8.7 billion. About one-third of Japanese agricultural imports come from the United States. However, there is sometimes a mixed reception in Japan regard
The reasons we as Americans buy on credit varies, but without it most of us would probably never be able to purchase necessities such as a home or automobile. The nation's economy depends on credit, the promise to pay later for goods and services used today; but along with consumer credit comes consumer debt. With the rise in telemarketing and commercializing in America it is no wonder why Americans feel the impulse to buy now, pay later. The most common form o
"It's time to clean up this mess." Famous last words heard from the mouths of many different politicians when talking about the national debt and the budget deficit. Our debt is currently $4.41 trillion and we have a budget deficit of around $300 billion and growing. Our government now estimates that by the year 2002 the debt will be $6.507 Trillion. While our politicians talk of balancing the budget , not one of them has proposed a feasible plan to start payi
Few issues are as important to a country as the long-term growth and productivity trends facing their economy. The relative slow-down in the growth rates of the United States economy since 1973 has worried economists and politicians alike. Many possible causes have been put forth, though none is fully satisfactory. Before discussing the theoretical models of growth it would be useful to study the data on growth that is currently available. As Nicholas Kaldor, in his i
Introduction The unemployment rate became a hot topic in the past few months when it rose to 3.5 per cent, a recent high for almost 10 years. The jobless rate was higher than the 3.2 per cent unemployment rate recorded in the May to July period. The underemployment rate in the June to August period rose to 2.5 per cent from 2.3 per cent in the May to July period. Until recently, most workers who lost their jobs were from the manufacturing sector. They
The Economic Impact of The New Telecommunications Legislation By: David Lister Canada has been transformed in recent years into an information based society. Nearly half of the labour force in Canada works in occupations involving the collection and processing of information. In a society in which information has become a commodity, communications provide a vital link that can mean the difference between success or failure. Telecommunications is a fundamental
Enterprise & Entrepreneuralism 'Bridgetown Newsagents' - A Small Business Case Study Introduction Dillons newsagents is a late closing local shop with a 'Mini-Mart' service. The 'Mini-Mart' side of the business is franchised from Dillons to a registered partnership: Mr Charles Pettifer and Mr Marc Devis. Full services are provided in the shop, a paper delivery service is also available along with the full complement of groceries, fresh sandwiches,