Economy Essays & Term Papers

308 total

A labor union is as defined in the dictionary, an organization of wage earners formed for the purpose of serving the members\' interests with respect to wages and working conditions. Today there are about 16 million workers in the U.S. that belong to a labor union. The pressure upon the employers to raise wages and improve working conditions in a major goal of the labor unions. Labor unions have been around for a long time. The earlier unions were called craft unions, consisting of o

In 1996, AT&T decided to split into three different companies. These new companies were the new AT&T, NCR, and Lucent Technologies. Lucent Technologies is one of the leading designers, developers, and manufacturers of telecommunications systems, software, and products.1 They are beginning to emerge as a Fortune 40 company. Lucent Technologies builds local networks, business telephone systems, and consumer telephones that access the global networks.2 Lucent Technologies wa

In a dynamic and uncertain environment, strategic decision making is important because it can provide managers with a systematic and comprehensive means for taking into account the external environment, focusing on an organisation's strength, minimising weaknesses, and identifying opportunities in which an organisation can have a competitive advantage. However, the decision may still fail if it is not implemented properly. Implementation causes the chosen course of action to be

My advertisement was found in a recent addition to recovery magazine. Recovery is a magazine aimed at teenagers that fall into the category that enjoy surfing, skating and mainly punk and rock music. The particular advertisement I chose was explicitly for sunglasses but it was also for the retail store that sells them. In this case the shop is called Glue. The theme of the particular advertisement is a virtual reality. Like the product is from another world but you the consumer

Introduction In this paper I will discuss the history and practices of the Maquiladora industry. I will discuss its background, its problems, the benefits it offers to United States companies, and the impact the NAFTA has and will have on the industry. In addition, I will make a suggestion on a possible strategy the Maquiladoras can adopt in order to address the challenges brought on by the NAFTA, to ensure it remains a strong force in the future. Background Mexican agricu

Introduction Music is a general love of almost every college student. Many develop their personalities, profiles, and various other tastes based on their listening choices. In general, many college students acquire the same spectrum of listening values. If a radio station, one that wishes to target the college student population, can discover the musical preferences of the general population of students, they will be able to grow within the specific market. Since the target

Marketing Strategy and E-Commerce Introduction With the rapidly advancing technologies that are occurring in modern business, organisations are required to be ready, and able to adapt within their ever-changing environment. It is true across all diverse industries that in order to stay competitive, organisations must be able to utilise the various tools that technology has to offer. Technological factors have been of growing importance, particularly in recent years. A major factor in

Marketing And TQM in Restaraunts The amount of marketing that acctualy goes into a resaurant is more than many people reolize. Everything you see and everything you hear contriutes to their marketing. They are presenting to you their ways of business through the way you view them. Resaurants are trying to sell you their pruducts witch are: · Their service · Their food · Their atmousphere A)Clean

Computer games are big business these days exploited by many companies. A winning idea is one thing, selling that idea is another matter. At this stage the task of selling the game leaves the hands of the creators and is handed over to a marketing department. The first task of the marketer is to determine which age group the game will appeal to. Companies use a wide range of different techniques to sell their product. They use the aid of magazines, articles written by enthusiasts for

Basics and Planning Introduction Advertising and promotions is bringing a service to the attention of potential and current customers. Advertising and promotions are best carried out by implementing an advertising and promotions plan. The goals of the plan should depend very much on the overall goals and strategies of the organization, and the results of the marketing analysis, including the positioning statement. The plan usually includes what target markets you want to reach, wh

Executive Summary Far from being a simple business card, the E-card is an excellent marketing tool that can be tailored to fit the market being reached. At present, the current situation offers E-Card Design Inc. an excellent opportunity to capture a significant market share. CD-ROM Business Cards being offered in the marketplace at present are offered as blank CD-ROMs or as part of an integrated marketing package. Products are standard throughout the marketplace, as CD-ROMs

America\'s century-old antitrust law is increasingly irrelevant to our modern global information technology market. This law is obsolete, in accordance to the current Microsoft situation, because in the past there wasn\'t technology as there is now. Recently the government has been accusing Microsoft as being a monopoly. \"Techno-Optimists\" claim: \"efforts by government to promote competition by restraining high-tech firms that acquire market power will only stifle competition.\" S

The Anti-Trust Case Against Microsoft Since 1990, a battle has raged in United States courts between the United States government and the Microsoft Corporation out of Redmond, Washington, headed by Bill Gates. What is at stake is money. The federal government maintains that Microsoft\'s monopolistic practices are harmful to United States citizens, creating higher prices and potentially downgrading software quality, and should therefore be stopped, while Microsoft and its supporters c

Agrarian Discontent in the Late 1800's "Why the Farmers Were Wrong" The period between 1880 and 1900 was a boom time for American politics. The country was for once free of the threat of war, and many of its citizens were living comfortably. However, as these two decades went by, the American farmer found it harder and harder to live comfortably. Crops such as cotton and wheat, once the bulwark of agriculture, were selling at prices so low that it was nearly impossible for farme

The true definition of monopoly is "A firm that is the sole seller of a product without close substitutes". Microsoft has been found guilty of violating anti trust laws and has therefore has been called a monopoly, but does it hold to this definition of a monopoly? The main case as stated in our book is in 1998 the "US Justice Department objected when Microsoft started integrating its Internet browser into its Windows operating system, claiming that this would impede competiti

Our military budget must reflect world realities. No current or near-term peril comes close to matching the Soviet threat. The strength and number of America's foreign military forces have diminished substantially in recent years; the government should keep some of the savings and reduce defense spending. America's military superiority is critical, but it should no longer cost the taxpayers $250 billion a year, which is the Pentagon's current take from the federal budget. Some call f

The success of any organization depends on the ability of managers to provide a motivating environment for its employees. Motivated employees are more productive, happier, and stay with the organization longer. One of the primary tasks a manager faces is to find out what motivates their staff. By understanding employee needs, managers can understand what rewards to use to motivate them. Abraham Maslow proposed the theory called hierarchy of needs theory (370-396). Maslow believed tha

There are numerous cellular service providers in the United States. With the recent boom in sales in the consumer market it is important that Motorola clearly define it's current market segments and identify any we have over looked. Because of the fierce competition, it is also very critical that we explore the needs and wants of the potential cellular customer. Right now, the Motorola Company sees everyone as a potential customer. Going wireless has not only become the latest

In this project we were asked to analyze three companies in the oil and gas industry. Firstly, we studied the dividend history of each of the firms. Unlike many other industries, all of our firms paid dividends during the period 1989 to 1998. We came up with two methods of calculating the dividend growth rate. Firstly, using 1989 as the base year and relating all dividends back to this year and secondly, comparing the growth of dividends on a year-to-year basis (i.e. taking th

Organizational culture can be defined as a system of shared beliefs and values that develops within an organization and guides the behavior of its members. It includes routine behaviors, norms, dominant values, and a feeling or climate conveyed. The purpose and function of this culture is to help foster internal integration, bring staff members from all levels of the organization much closer together, and enhance their performance. However, there seems to be a widely held

A patent is the public disclosure of the invention and the best way of practicing the invention, in exchange for the rights to that information for a set period of time namely being 20 years. A patent permits its owner to exclude members of the public from making, using, or selling the claimed invention. This type of arrangement is a necessity for any type of scientific work. It allows other people to share in the ideas that have been thought and utilized by a company and/or indi

Paul Anthony Samuelson, an American economist, was born in Gary, Indiana, in 1915. He was educated at the University of Chicago and Harvard University. In 1941 he joined the economics faculty of the Massachusetts Institute of Technology where in 1966 he was named institute professor, the highest professional rank at the institution. In those years he was also appointed to the rank of president of the American Economic Association in 1961. In 1947, he won the John Bates Clark awa

The management techniques of Peter Drucker and Warren Bennis may differ; however, the basis premise is still the same. Both Drucker and Bennis are well-known experts in the field of management. In fact, both of these men have formed great alliances in their careers. Let's take a brief look into the lives of Drucker and Bennis. Peter Drucker was born in Vienna in the early 1900's. Today, Drucker is perhaps the most influential writer in the field of management. He is the author

There are many alternatives that are used to motivate workers beyond the conventional bureaucratic ways that was once thought of as the only way to control workers. Since the 1960's we have learned a great deal of information leading to the discovery of alternatives to bureaucratic organizations. Today, bureaucratic ideas are still widely used among organizations, however a shift in thinking occurred and the question was asked, What are the alternatives if bureaucracy it not worki

Conducting business in china requires a great deal of patience, respect, timing, humility, knowledge, cunning, and just the right amount of aggression. Knowing these are the tools that are to be employed for successful negotiating is completely worthless unless you know how and when to use each of them. Missing a cue for changing from being patient to aggressive, or being humble instead of cunning, will make or break a negotiation in an instant. As the article entitled, "Scaling the

Company History William Proctor and James Gamble created Proctor and Gamble in 1873. William Proctor introduce him self to Cincinnati as a candlemaker, while his counterpart apprenticed himself to a soapmaker. They met by chance when they married sisters and fittingly they initiated a partnership of candlemaking and soapmakeing. A partnership then originated on October 13, 1837. In 1850 Moons and Stars became the unofficial trademark. In 1862, Proctor and Gamble profited by making

Executive Summary The purpose of this analysis is to show how proforma planning is needed to make capital budgeting decisions. The proforma income statement will show a projected growth of net sales for Adidas of 15%. In conclusion, Adidas is continually maximizing its growth as a sports apparel industry. Introduction Adidas is one of many successful sporting goods apparel stores in the industry. With sales increasing from 2,708 million in 1998 to 2,718 million in 1999, th

Introduction Music is a general love of almost every college student. Many develop their personalities, profiles, and various other tastes based on their listening choices. In general, many college students acquire the same spectrum of listening values. If a radio station, one that wishes to target the college student population, can discover the musical preferences of the general population of students, they will be able to grow within the specific market. Since the target

Introduction to Real Estate Real Estate is, by definition, the land and everything that is a part of it and the extent of one's interest in it. The word real in real estate stands for the fact that it is land and different than personal property. It is real property, property that is more or less immobile. The word estate in real estate stands for the interest that one has in the property. This definitions shows that real estate is a different sort of property.

Despite all the recession talk recently, the economy apparently isn\'t doing so badly. The Commerce department today (4.27) announced that GDP grew at a 2.0% annual rate in the first quarter. This was up from 1% in the final quarter of 2000. The 2% rate is still slower than this time last year, but it seems as though a recession has been avoided for another quarter. (A recession is often defined by 2 or more quarters of negative growth, click here for more on the definition of

The S Corporation was created in 1958. This was an initiative for investors, giving them access to the corporate form of doing business without incurring two levels of tax. The popularity, however, was not always there. As tax codes changed, so did the interest in them. The S Corporation has gained most of its popularity in 1986, when the rules for C Corporations became less attractive to shareholders. Not every business can qualify for this status, they must first meet the foll

According to Webster , to have a monopoly is to have exclusive ownership, possession, or control. The following essay is an examination of Microsoft in comparison to this definition and another commonly known monopoly, Standard Oil. Also attention will be given to the necessary role of and problems with monopolies. Competitive Market vs. Monopoly A competitive market consists of many buyers and sellers. Markets thrive because an equilibrium price is established through natural

This report is going to focus on Sam Walton and his world " Wal-Mart." Mr. Walton was a man who never dwell on his disappointments. He always had an idea of what he wanted and followed through with it. I will show you his drive in my report, and the procedure he used to become number one in the business. General Strategy and Values Mr. Walton had many secrets to creating a retailing empire. One of these secrets was what he called the " secret of successful retailing."

CASE ANALYSIS FOR STARBUCKS CORPORATION I. Case Profile/ Company History Three Seattle entrepreneurs started the Starbucks Corporation in 1971. Their prime product was the selling of whole bean coffee in one Seattle store. By 1982, this business had grown tremendously into five stores selling the coffee beans, a roasting facility, and a wholesale business for local restaurants. Howard Schultz, a marketer, was recruited to be the manager of retail and marketing. He broug

Recent medical advances have greatly enhanced the ability to successfully transplant organs and tissue. Forty-five years ago the first successful kidney transplant was performed in the United States, followed twenty years later by the first heart transplant. Statistics from the United Network for Organ Sharing (ONOS) indicate that in 1998 a total of 20,961 transplants were performed in the United States. Although the number of transplants has risen sharply in recent years, the demand

When evaluating the performance of employees in teams, there needs to be a clear understanding of what is being evaluated. This process includes clarifying the elements of evaluating, choosing a ranking system, and determining specific aspects of an individual's or a team's performance that are being appraised. Creation Process Various opinions exist about how to measure, rank, and evaluate performance. A seven step process for creating performance standards for teams, th

What the world needs now is Money Sweet Money"; that is not the way the song goes however that is surely the way our world and economy does. Money and its importance relative to the US Government have always been difficult to figure out especially when it comes to interest rates. Due to our Federal Reserve System, its chairman Alan Greenspan, and his Board of Governors dedicated to seeing that our economy blossoms; those doubts have become a thing of the past, for now. The Fed

It is my understanding that the Libertarian, Neo Liberal, the compassionate Conservative and the Progressive share one thing in common even though it may see that way. All seek the means to find a \"Just Society\" in which this nation can benefit economically and socially. The view point of the Libertarian on W2, would use the argument of it is not fare for those whom had to work hard for what they have. Why should somebody who is able to work should be given another chance to b

The global liquor market has changed immensely in the last 20 years. Since the early eighties, people have discovered that it is better for their health if they drink in moderation, as opposed to heavy drinking. Due to this change in consumers drinking habits, people generally drink less liquor than they used to. According to our text, the per capita consumption of liqueurs (liters per person over 18) dropped from 1 liter in 1986 to 0.90 liters in 1990. In addition to consume

Every time we open a newspaper or we turn on the TV, we see sellers of almost identical products spending huge amounts of money in order to convince us to buy their brands. Every year, each typical American watches 1550 hours of TV, listens 1160 hours on radio, and spends 290 hours reading newspapers and magazines. So every day, each American watches 100 TV advertisements, 100 to 300 ads through other mass media, and in one single year receives 216 pieces of direct mail advertising,

Globalisation is the term used to identify the worldwide integration of consumer markets, production, labour, technology, investments and cultures. It has also created wealth and better livings standards for thousands of people. Globalisation is increasingly affecting our lives. Globalisation is an extremely important aspect of Australian business. It allows Australia to open up new markets overseas, which enhances our exports. Trading between Australia and other countries allow

The Food and Hospitality Industry has become one of the biggest employers in our state. It now has attained a much higher status in society and demands high standards of work from its employees. Employment opportunities are many, but eagerly sought by a vast majority of people. For this reason as in any other established business, interviews are conducted. Through these interviews, the interviewer looks for personal qualities and interpersonal skills in a prospective employee t

The federal debt of $5.7 Trillion, or $21,000 per child. This chapter covers all U.S. debt, called National Debt (national debt is here defined as the sum of all recognized debt of federal, state & local governments, international, private households, business and domestic financial sectors, including federal debt to trust funds - but excludes the huge un-funded contingent liabilities of social security, government pensions and medicare). The National Debt Total is now over

The current business trend of rising dot-com and Internet firms is transforming the job market in the United States. Loyalty has become almost an obsolete concept of the modern day business world. Traditional and "old economy" business corporations and firms are being forced to alter their traditional ways and revamp their employee benefit packages. A laid back, flexible atmosphere along with a large employee compensation packages, that are offered by many new dynamic corporations

In the United States economy most markets can be classified into four different markets structures. But, each and every market in the United States is completely unique from the others. Generally the best type of market structure for the general public is perfect competition because it creates the lowest possible price for the public. There are some exceptions were perfect competition isn't the best choice for the public on account of various reasons. The United States Po

So Much for That Plan "More than 70% of commercial bank assets are held by organizations that are supervised by at least two federal agencies; almost half attract the attention of three or four. Banks devote on average about 14% of their non-interest expense to complying with rules" (Anonymous 88). A fool can see that government waste has struck again. This tangled mess of regulation, among other things, increases costs and diffuses accountability for policy actions gone awry.

Informal Training and Development Informal training and development is rather casual and incidental. Typically, there are no specified training goals as such, nor are their ways to evaluate if the training actually accomplished these goals or not. This type of training and development occurs so naturally that many people probably aren\'t aware that they\'re in a training experience at all. Probably the most prominent form of informal training is learning from experience on the j

"Basic History Overview" Wal-Mart\'s history is one of innovation, leadership and success. It started with a single store in Rogers, Arkansas in 1962 and has grown to what is now the world\'s largest - and arguably, the most emulated - retailer. Some researchers refer to Wal-Mart as the industry trendsetter. Today, this retailing pioneer has annual revenues of over $100 billion, 3,000 stores and more than 750,000 employees worldwide. Wal-Mart operates each store, from the pr

As any other thing the labour turnover has its advantages and disadvantages. The labour turnover has a large list of disadvantages ,and where there is a large rate of this affect it results in a serious sign of unstability that is caused by employees leaving their jobs maybe because of lack of job satisfaction or bad management. Due to this results the company managemeant must stop and think seriously what is happening and what can be done to improve. Another disadvantage is when

There is a great possibility that China may join the World Trade Organization. There would be many different effects if it did join. China is the largest economy and trading nation outside the World Trade Organization (WTO). China is the tenth largest trading nation in the world (total trade likely exceeded $350 billion in 1998), with a large economic surplus, second only to Japan. China would benefit greatly from this accession to the WTO, especially in the areas of economy,