Free essays on economics are academic papers written in the field of economics that are available for free to anyone who needs them. These essays cover a wide range of topics, from macroeconomics to microeconomics, international trade, finance, environmental economics, development economics, and more. They can be a useful resource for students, professionals, and anyone who wants to gain a deeper understanding of economic concepts and theories. Free essays on economics can also provide examples of academic writing and research that can help students develop their own writing and analysis skills.
Four Functions of Management Important
The following example essay focuses on the four important functions of management. Read the introduction, body and conclusion of the essay, scroll down. In the process of collaborating people and resources to execute company objectives, management strategies these four elements to make the superlative use of materials, time, money, and skills. Planning, organizing, leading, and controlling are interdependent core elements of successful management. Planning Planning delivers a strategic value through the specification of goals and the outlining of pertinent actions…...
Economics
Circus Industry
In the early 1980’s the attractiveness of the circus industry seem to be saturated. The industry structure was not stable, being in long-term decline by alternative various type of entertainment, changes of the preference of customers, uprising concerns of animal rights and diminishing clowns in value, which they are the critical elements used by traditional players in the industry. It all brought in decreasing audience and increasing costs by accelerating competition and changing environmental factors. The traditional circus industries also…...
Economics
Future Of Air Traffic Control
In the 21st century airports became an ubiquitous part of many cities all over the globe and more and more people are opting to fly. The rapid growth of emerging economies such China, India, and other countries in Asia can only mean that the skies will experience traffic congestion, a transportation problem that is supposed to be applicable only to roads and highways and not to the vast airspace above cities. Thus, traditional air traffic management will no longer be…...
AerospaceAirlineAirplaneAirportAviationFlight
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The Business of Water
In terms of the scholarly discussion on corporate social responsibility please outline the key arguments that may support the actions of the firms given in the case. Furthermore, discuss the main arguments against corporate social responsibility considering these firms’ actions. Use scholarly literature and examples from the case study to illustrate. Though water is considered as essential to survival of all life forms, getting access to quality water is increasingly becoming difficult in the under-developed world. While privatization is promoted…...
Economics
Consumption Overpopulation
The following sample essay on Consumption Overpopulation. In our economy, consuming is not an issue but over-consumption and following it religiously has sure created an ecological problem. Dry. David Suzuki has stated some eye-opening facts and figures that could help us perceive the difference clearly for example, Canadians consume 20 times more than a person living in India or China (one of the biggest exporters of he world) and up to 70 times more than the people in Bangladesh. What…...
Economics
Traditional Management Vs Modern Management
In last many old ages, few direction accounting inventions has been developed. Directors have to do determination on a day-to-day footing every bit good do determinations sing the hereafter and how to last and turn in an energetic market topographic point with of all time turning unsure fortunes. Traditional or modern direction accounting system give relevant information to all degrees of direction, fiscal and other information to do determinations about planning, control of operations and placing chances to add value.…...
Accounting And Finance
Feudal System Pyramid
In modern society outdated legal systems, such as the feudal system and the common law, are upon as vanquished memories of the past, but in reality the modern legal systems and laws that we live by today have traces of these memories of the past and have been developed from these outdated ones. The feudal system as a very rich history and are the roots of the Canadian legal system, with a very important significance to our modern system. These…...
Economics
Maturity Definition Essay
In economics yield to mature is the internal rate of return from the flows of cash of fixed income security, especially from bonds. Yield is paid if the bonds or other securities are to be held until their maturity. Yield to maturity is a measurement of the return from the bonds. Yield to maturity gives investors the opportunity to calculate the fair value of financial instruments. Yield to maturity applies exactly to a zero coupon bond. The reason is that…...
Economics
Red Bull Competitive Advantage
In each of the four cases, does the entrant or challenger (i. e. Softsoap, Red Bull, supermarkets, Freeserve) have a competitive advantage when they market? Would they if the incumbents imitated their product offerings immediately? Softsoap According to the time of the case, bar soap is the product which is the market leader until late 1977, Minnetonka release Soap Machine that is the first time to have liquid soap in the market and continuously launch Softsoap in 1980. Softsoap entered…...
Economics
Milk Tea Research Paper
In conclusion, I have found that TQM can be a powerful tool for using employee creativity, reducing costs, and improving service to customers and the public. However, the concept of TQM was weak and the quality of many products was still poor in China, and the implementation of TQM is not always a worthwhile investment. So I disagree that no business can succeed without the TQM system. It is not necessary for every business to use TQM, especially in China…...
Economics
Tacit Collusion Forms of collusion
In any oligopoly structure there is a conflict between individual incentives and joint incentives. In Bertrand competition, for example, each firm’s individual incentive is to capture the whole market by setting lower price than its rivals. That leads to pricing at marginal cost and zero profits earned by all the firms. This equilibrium is not desirable by any of the firms – their joint incentive is to earn positive profits by fixing price at some other, higher than marginal cost…...
Economics
What Is Managed Investment Scheme
In Australia, investor can choose from a wide vvariety of investments which include managed investment schemes (MIS) and direct investment which consist of shares, debt and hybrid securities. Each investment scheme will a set of corporation act to protect its investor, as it is important to make iinvestors feel confident and secure. Iinvestors can choose the types of investments to invest in depending on their personal traits and ambition as the different investment contains different characteristic. We will dive in…...
Economics
Fair Trade Pros And Cons
In the business area, every product has its life cycle, which shows different stages that a product passes through over time and the sales that can be expected at each stage. In this essay, attention will be paid to the different consequences of having a major product at the growth stage. After that, I will turn to the pros and cons of our company to sell sugar under the Fair-trade label and then give my own opinion. According to the…...
Economics
The Brand Name Hawaii
In 1 997 Hawaii initiated its process of internationalization to expand its business to n international scale. Progressively, Hawaii started to obtain successes both in its domestic market, emerging markets and mature markets in developed countries such as the US and European countries. In 2012 Hawaii undertook the Swedish company Erection’s position and became the largest telecommunication equipment maker in the world in terms of volume of sales. Up to date, it operates in more than 140 countries with more…...
Economics
Ksn That Allows Msf in Banks of America
IFRS will enable US bank to vie globally ; more than one 100 states in the universe are already utilizing IFRS. This is because more than 60 per centum of investors in US operate foreign stocks with foreign Bankss and other companies which use IFRS. Therefore. if US bank fail to exchange to IFRS. transparence and comparison will cut down for US issuers and investors ( Silver. 2009 ) . Furthermore. US exchanges such as the NYSE have been bit…...
Economics
100% Debt-Funded Purchase Strategy
I would recommend financial strategies # 2 – $100 million purchase price funded by 100% debt. (This is before I did free cash flow forecast for # 9). It will provide the highest tax shield of $17. 49 million for CPP. In addition, Pinkerton has the highest value of $107. 34 million under this strategy. 7. Below is the balance sheet after CPP and Pinkerton acquisition. * CPP market value leverage ratio is 7. 46% and book value leverage is…...
Economics
Monde Nissin Ipo
I. Synopsis ( sum-up of the instance including theoretical context of the job ) II. 2nd portion A. Time Context ( the clip when the job was noted ) B. Case Viewpoint ( indentification of the existent proprietor of the job ) C. Statement of the Problem ( in a spread or trouble that deter or prevents the company from accomplishing its aims D. Statement of the Objectives ( ends or consequences that you would wish to carry through )…...
Economics
Noodles And Co Franchise
I recommend that Noodles & Co. adopts franchising to boost its growth. As proved by McDonald’s-like quick-casual restaurants, expanding through franchising presents a way to rapidly establish a presence in the market and lock in a market position for products or services. On the one hand, franchising could provide a fast growing speed that Noodles and Co. needs to keep pace with intense competitive openings, as a study commissioned by the board of directors found that tactic could help swell…...
Economics
Development of GAAS by Whom?
I chose Section 200 – General Standards Accounting Principles, better known as Generally Accepted Auditing Standards ( GAAS ) . They were developed by the AICPA in 1947 and have undergone minor alterations since so. ( 4 ) These are sets of regulations and guidelines promulgated by the AICPA ‘s Auditing Standards Board. ( 1 ) Its auditing criterions place necessary making and features of hearers and steer the behavior of the audit scrutiny. [ ( 2 ) p.39 ]…...
Accounting And Finance
Glory Of The Roman Empire
I am greatly marveled by the wonderful pictures and information the article tackles on certain details of the Roman world where textbooks normally take for granted. Such examples mentioned in the article, covers what Romans do in their leisure time and details on the structure of the city, which then leads to how its leaders turned Rome to be one of the richest, and most powerful metropolises the world has ever witnessed. It is a good thing that the author…...
Ancient RomeCurrencyEuropeRoman Empire
Wilkerson Company Case Solution
I _ Describe in words how costs are assigned in the Willpower’s current costing system. Discuss the pros and cons of this system. Wilkinson uses a simple traditional cost accounting system in which each unit of product is charged for direct material, direct labor and overhead COStS_ Material cost is based on the prices paid for component under annual purchasing agreements. Labor cost is charged to products based on the standard run times for each product. Labor rates, including fringe…...
Accounting And Finance
Role of Human Activities in Maintaining the Biodiversity
Humans play an important role in maintaining the biodiversity of semi-natural habitats. Such areas are managed to prevent succession, conserve rare species and try to improve species richness. This conservation is putting to good use the country resources for amenity and recreation. Semi-natural ecosystems have many important values, including economic, environmental, wildlife, archival and heritage. Without human activities the biodiversity of semi-natural ecosystems would more than likely decrease in response to succession, agricultural processes, including nutrient enrichment, and to atmospheric…...
AgricultureEcosystemEnvironmental ScienceNatural EnvironmentNatural Resources
Zynga’s Revenue Dilemma
http://accrualperspective. wordpress. com/2012/10/10/zyngas-revenue-recognition-dilemma/ Zynga’s Revenue Recognition Dilemma Leave a reply Zynga’s Revenue Recognition Dilemma Zynga has been the focus of a highly disputed topic on bookings and revenues as of late. Unfortunately for the online gaming company, many accountants and financial analysts are not in Zynga’s favor on the way that the company has been recognizing revenues. To put the company in perspective, there are 26 million digital farmers via the vastly rampant FarmVille application run by Zynga. In the…...
Accounting And Finance
Human Population And The Environment Essay
Human Population and the Environment am writing this paper to say that I will explain how the factors produced arbitration and changing the population size to the birth rate and the death rate as well as identify three benefits and three challenges of arbitration that provide the current or the historical event of each example of each of the benefits of the challenges. And explain to my reader whether I believe the benefits outweigh the challenges, or vice versa. There…...
Economics
Lufthansa Swot Analysis
However it may be noted that in an Airline Industry exit barriers were high as compared to entry barriers. So threat of new entrants is high. Bargaining Power of Supplier: Bargaining power of suppliers was high because of following reasons: Geopolitical instability in certain regions of the world and Gulf War contributed to oil crisis. This lead to increase in the bargaining power of suppliers of oil. Major suppliers of aviation aircraft – Boeing, McDonnell Douglas and Airbus. Less number…...
Economics
Hrm Cases: Incidents Analysis
HRM Incident 3: The Controversial Job David Rhine, compensation manager for Farrington Lingerie Company, was generally relaxed and good-natured. Although he was a no-nonsense, competent executive, David was one of the most popular managers in the company. This Friday morning, however, David was not his usual self. As chairperson of the company’s job evaluation committee, he had called a late morning meeting at which several jobs were to be considered for reevaluation. The jobs had already been rated and assigned…...
Economics
HRM Simulation Final Report
HRM Simulation Final Report Absenteeism Our goal for absenteeism was to decrease it from 498 to 120 by quarter 8 by maintaining high morale and offering health benefits to keep employees healthy. We also planned to keep our accident rate low in order to reduce absenteeism. We decided to focus the fringe benefits we offered on health benefits. We thought this strategy would work because we felt that absenteeism was caused by three factors: employee sick days (health), employee injury…...
Economics
I Want To Be An Engineer Essay
How to become an Engineer? Engineers use their imagination and analytical skills to invent, design, and build things that matter. They are team players with independent minds who turn ideas into reality. Many become licensed professional engineers (P. E. s) in order to better protect the health, safety, and welfare of the public. By dreaming up creative and practical solutions, engineers are changing the world all the time. Engineering has been called the “invisible” or “stealth” profession. Everything around us…...
EmploymentEngineerEngineeringHuman Nature
American Fur Company History Analysis
How would you evaluate Astor in terms of his motive, his managerial ability, and his ethics? What lesson does his career teach about the relationship between virtue and success? Astor seems as though he wanted to make a better life for himself because he grew up very poor, but didn’t want to be in the same business as his father so he ventured out to make a better living for himself. Therefore, I believe Stator’s motive is greed. He was…...
Economics
How far was speculation responsible for the Wall Street Crash
Speculation was one of the main factors for the Wall Street Crash. There were other reasons for the Wall Street Crash but everything is connected. The Wall Street simply over-heated; between 1924-29 the value of shares rose 5 times. The Wall Street Crash was a horrible consequence for the Americans. People that lived in America thought they were doing so well because of the roaring twenties. People could afford almost everything they wanted, they could go out and spend money…...
Economics
Enterprise Rent A Car Case Study
How has Enterprise Rent-A-Car (ERAC) defined its service differently than that of the typical national car rental company? Basically, ERAC focuses on customers’ convenience. In order to support their convenience, ERAC has established a lot of its branches over the regions, which makes the company offer rental service within 15 minutes. In addition, it provides customers shuttle service to bring them at their homes, offices, or repair shops without fee. So, customers can easily use its service at homes or…...
Economics
Political Environment in China for Darby
The following sample essay talks about how important the political environment in China is to Darby. To read the introduction, body, and conclusion of the essay, scroll down. How important is the political environment in china for the Darby Company? Explain. Looking at the case, I think the political environment is really important for the Darby Company. As the phone doesn’t contain the state of art technology and it can produce it at cheaper price, the Chinese government has higher…...
China Economy
What Is The Brandt Line
How and why the definition of development has changed The definition of development has changed radically, and was first only characterized by using economic indicators as its primary factor. Predominantly, economic Is the mall contributing factor, however, in modern times, living conditions, and other contributing factors to the well-being of a population has helped manipulate whether a country is developed or not. Basing development on the economic status was commonly used decades ago; however the deflation of It has become…...
Economics
Geographic Determinism
History shows many examples of how geography and environmental determinism played a huge role in the development of early civilizations. It can be seen as early as Mesopotamia, where the constant tension between nomadic and settled lifestyles was an important aspect of early historical development. The Sumerian culture developed in southern Mesopotamia, near the Persian Gulf. The civilization was generally pessimistic in outlook, an observation based mainly on the evidence of religious sources that depict a gloomy picture of the…...
AgricultureCivilizationGeographyMesopotamia
Sports And Money Essay
Hell yeah it is! Look at this world we live in, everything, and I mean EVERYTHING is linked to money, and that does not exclude sports. Sports is very general term and to play any sport, one must think of the cost of it. Not anyone can play any sport they wish and that defeats the purpose that sports should be available for everyone. For example, unless you stay in a private residence that has a swimming pool or you…...
Accounting And Finance
Competitors Of Haldiram
Haldiram’s Group – Analyzing Consumer Behaviour Haldiram’s group is a true rags to riches story, which has expanded from being a small shop in Bikaner in 1937 to being one of the largest smart food chains in India and the world today. They are today a Rs. 10 billion company with multiple outlets across rural and urban India as well as a tremendous presence outside the country. Brand Haldiram’s is renowned for its superior product quality and supreme manufacturing processes…...
Economics
Two Factor Authentication Research Papers
The following sample essay on Harmonizing to the Federal Financial Institutions Examination Council. verifying someone’s individuality online involves at least one of a few factors. These factors are the undermentioned: Information the PersonKnows This could be a username and password combination. societal security figure. a PIN they chose. or something else that the individual could cognize but others wouldn’t. Something the individual is able to PhysicallyPosses A good of this is the person’s ATM card. A more unafraid physical factor…...
Banking And Finance
Negotiation Research Paper
Good relationships with suppliers are essential for running successful businesses. Managing supplier relationships can be a challenging and resource intensive operation. It would also require time and energy to be invested. Hence, it is important that the management identifies priorities in this area and focus their attention there. Segmenting the vendor base is one practical way of accomplishing this task. That is, instead of treating all vendors in equal footing, giving preferential treatment to key vendors is the right way…...
Economics
Goodrich-Rabobank
The following sample essay on Goodrich-Rabobank Interest Rate Swap In 1983, both B. F. Goodrich and Rabobank needed to execute external financing in order to raise 50 million dollars for ongoing operations. Goodrich wanted to raise the money through debt financing, but because their bonds were BBB- rated, they would have to pay a steep interest rate for a fixed rate. However, the Solomon brothers had an idea. Goodrich could borrow with a floating rate that was tied to LIBOR…...
Banking And Finance
International Joint Ventures Examples
Globalization of businesses and companies are fast growing particularly through international joint ventures in order to take advantage of opportunities in the world market. Thus, IJVs proliferated globally. In this study, the IJVs in the oil and gas industry in Russia would be a good case to evaluate in terms of its implications to economic theories of development as well as considering the strategic importance of Russian oil and gas in the present as well as in the future of…...
Stock Market
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