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.
Enjoyment of Working: A Necessity
There was a time when work was a factor that greatly contributed to the happiness and fulfillment of a person in his life. Such was a time when great working relationships among people in the working place – whether it is a cozy corporate office or a noisy industrial plant – instilled in them the enthusiasm to look forward to each working day. On top of the camaraderie among the workers, the purpose and daily meaning that they found in…...
EmploymentHappinessInternetPovertyStress ManagementWork
Coors: Balanced Scorecard
Coors is a family owned business in the beer industry offering 16 different kinds of beers in the US market. Coors has 3 production plants in the US with its Colorado plant being the largest brewery in the world and serving 70% of the US market. Coors has implemented a supply chain management (SCM) software solution from the Computer Integrated Logistics (CIL) project to solve urgent problems in the logistical area such as meeting seasonal demand, surges from promotion and…...
Economics
Workers compensation
Workers compensation is a division of tort law, or rather a type of insurance that is in place to provide medical care for employees who are injured during the course of employment or performing the functions of their employment positions. Workers compensation is set up to provide compensation for the and to the employee in exchange for that employee’s right to sue the employer for the injury that they sustained on the job. If the claim is approved the employee…...
Common LawEmploymentInsuranceJusticeLawWork
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Trends in the Workplace of the Twenty-first Century
With the creation of the internet and the subsequent acceptance it has gained in the workplace, in the last decade the internet has dramatically caused a shift in communications and has changed the way people do business. The improvements in information and communication brought about through computers and connectivity allows employees the freedom to work from anywhere, at anytime. In Twenty-first Century Workplace Trends by Joseph Synder and David Pearce Boyett and in Workplace Trends for the 21st Century by…...
Economics
Hard Work Pays, but Smart Work Pays Better!
A popular adage states: ‘hard work pays. ’ Well, I am not writing this to dispute the wisdom of this saying. All I am saying is: smart work pays better than hard work. This is why managers in a construction firm for example gets paid astronomically higher wages than the labourers. No one will dispute the fact that labourers do heavy, tiring physical work in the sun and the rain. Yet they get paid low wages, while the management get…...
Economics
Indus Motor Company’s Financial Performance over 3 years
Topic reason and its context It was imperative to select the topic in which I could submit my finest competence. At first all topics looked trouble-free, but when I studied them thoroughly, they turned complicated for me. Then, I finally reached at the conclusion of trying, “The Analysis of financial situation of Indus Motor Company Limited (IMC)”. It involves appraising how the company has been performing over the years, within the industry and along with other competitors.It leads to calculation…...
Economics
Training in Mahindra
Companies have found that investment in human capital in the form of training and development yields high returns. The ones that recognize the value of their employees and place a new emphasis on education and training are becoming more competitive, successful, and profitable as a result. Training can be broadly divided into 2 categories: Behavioral Training: This training is given to employees to improve their softskills and inculcate managerial qualities in them. Functional Training: It is job-related training. It focuses…...
EmploymentHuman NatureResearchTraining
Positive Accounting Theory
We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor. org. American Accounting Association is collaborating with JSTOR to digitize, preserve and extend access to The Accounting Review. http://www. jstor. org THE ACCOUNTING REVIEW Vol. 65, No. 1 January 1990 pp. 131-156 Positive A Accounting Year Theory: Ten Perspective Ross L. Watts and Jerold L. Zimmerman University of Rochester ABSTRACT: This paper reviews and critiques the positive…...
Accounting And Finance
Business Trade Assignment
Uses the Internet to Gain a Low-Cost Advantage Abstract The E*TRADE closing case is a perfect example of how the advantages of the opportunities offered by Internet could provide companies with possibilities to overcome barriers to entry and compete in the same level with leaders of specific market segmentation. The case also has shown the importance of how the company’s business policy and business strategy can be used to transform a company reliable and viable to its clients even though…...
Economics
Cost Sheet Of Britannia
Affiliated to Guru Gobind Singh Indraprastha University, Delhi 2A & 2B, Madhuban Chowk, Outer Ring Road, Phase-1, Delhi-110085 Cost Sheet Analysis of Britannia Bread STUDENT ‘s DECLARATION This is to certify that I have completed the Project titled “COST SHEET ANALYSIS OF BRITANNIA BREAD” under the guidance of “Ms. NITIKA SHARMA” in the partial fulfillment of the requirement for the award of the degree of “Bachelor in Business Administration” from “Rukmini Devi Institute of Advanced Studies, New Delhi. ” This…...
Economics
International Trade Payment Method with Special Reference
To succeed in today’s global marketplace and win sales against foreign competitors, exporters must offer their customers attractive sales terms supported by appropriate payment methods. Because getting paid in full and on time is the ultimate goal for each export sale, an appropriate payment method must be chosen carefully to minimize the payment risk while also accommodating the needs of the buyer. This trend is attributable to the increased globalization of the world economies and the availability of trade payment…...
EconomicsEducationIndustryInternational TradeLearningReference
Hostel Franchising: a Pathway to Expansion
Hostel Franchising: a Pathway to Expansion Assignment topic Franchisors are innovative and entrepreneurial. Businesses wishing to profitably and successfully grow need to understand that franchising enable firms to expand more quickly and into more markets than they could otherwise manage. Word count: 2724 words. Executive summary Creating a franchise starts with the customer. The franchisor needs to identify potential customers and produce a business format which will meet their needs and create wealth for both the franchisor and the franchisee.…...
Economics
Human Resource Management Essay Analysis
The following sample essay on Human resource management can be defined as “the effective use of human resources in an organization through the management of people-related activities. ” According to Boxall (2007), “HRM is the management of work and people towards desired ends. ” Human Resource Management (HRM) is the core function of all organizations. It ensures that’s companies have the necessary talent required to operate effectively. Strategic HRM according to Ulrich(1997), p. 89, states “SHRM is a process of…...
Economics
Banana Research
There many fascinating facts about bananas. Facts such as: the history, how they grow, and even the ripening process. There are many interesting ways to ripen bananas. There are even ways to help make a banana ripen faster. The banana fruit is the world's largest herb. Bananas contain 3 natural sugars: sucrose, fructose and glucose. They are an excellent source of potassium and fiber. The six most popular types of bananas are Manzano, Baby/Nino, Burro, Red, Plantain, and Cavendish. The…...
Food IndustryPlants
Qantas Swot Analysis
Additionally heavy maintenance was consolidated to Avalon and Brisbane with Tullamarine in Melbourne closing by August 2012 (Qantas, 2012). This report considers the position of Qantas as at 1st May 2012 but considers this announcement justification of the report’s recommendations. 2|Page Nav-Star Consultants MGB309: Strategic Management Semester 1, 2012 2 Executive Summary The dynamic nature of the global commercial aviation industry requires organisational structures and strategies that exemplify controls facilitating flexibility and prompt market responsiveness. The industry is heavily influenced…...
Economics
Bond Buyback Feature
The risk premium over and above the risk free rate consists of a number of components, including all of the following EXCEPT A) inflation risk. B) default risk. C) liquidity risk. D) tax treatment risk. 2) At any time, the slope of the yield curve is affected by A) liquidity preferences. B) inflationary expectations. C) the comparative equilibrium of supply and demand in the short-term and long-term market segments. D) all of the above. 3) Nico Nelson, a management trainee…...
Economics
Graduation Speech
The reality is, I didn’t even want to write this speech. I felt it was just another assignment out of the many thousands I had done before; and, yet another way to waste my time (and cramp my fingers in the process). I contemplated not even doing the assignment but, I couldn’t help but be intrigued with a school asking me to write a graduation speech before I’d even begun a single course. I’d been to many schools and none…...
Economics
Amazon Strategic Analysis
The overview of Amazon. com Amazon. com is an e-commerce company from America. The company was found by Jeff Bezos in 1994 and was one of the first major companies to sell goods on the Internet. It began as a solely online bookstore. With years of successful development its main business diversified into many other products and services in a wide range. Today Amazon. com has become one of the biggest online retailers and web services provider in the world.…...
Economics
Child Poverty in the UK: A Generational Struggle
The following sample essay on Child Poverty is about poverty continue through the generations. Why should we care about child poverty in the UK The term poverty is used to describe people, individuals or families who do not have as much money as other people in the society they live in. Poverty and child poverty go hand in hand, looking at the bigger picture if the parents are living in poverty so will the children, with lots of different elements…...
Economics
Supermarket Industry Analysis
.From the report of the Progressive Grocer, a monthly industry publication, we can know that in 2009, 35,612 supermarkets were in business in the United States, which accounted for 54. 5% of food item sales by grocery stores including supercenters and warehouse outlets. Convenience stores had 31. 9% of sales, and wholesale clubs had11. 5% of sales. So, supermarkets overall account for more than half of all food sales. Market definition In general, we believe that a supermarket is a…...
Economics
Suze Orman’s Financial Fame
Suze Orman has won her fame in the world of financial advice. Her insights into investing and personal finance management have helped a great number of people throughout the country and made her a really famous person in many remote corners of America. Suze has been successful in a variety of roles – as a writer who authored a number of best sellers, as an eloquent public speaker, a fundraiser, and a television show host. In all her activities, Suze…...
CourageEthicsInvestmentLeadershipMoney
Star Appliance Company
This paper will discuss how Star Appliance Company managed its cost of capital and plan for future investments. The paper will reveal corporate problems and present relevant management theories to lead the company into a solution. The underlying problems consist of choosing a new and more efficient financing strategy, and designing more accurate method of evaluating investment projects. Previously, the company was having positive sales performances which indirectly cause the problem to be hard to identify. However, as the company…...
Economics
China
Ask the ordinary businessperson on the street what is their impression of China, and two answers emerge. The first presents China as a vast and largely untapped potential market for Western goods, the ‘1 billion new customers’ approach which sees China as either a mecca or a minefield, depending on one’s attitude to the associated risks and obstacles (Barro 1995). The second sees China as a vast workshop, turning out low-cost consumer goods for both domestic consumption and export. China…...
Economics
Starbucks Coffee Business Analysis
Coffee has the distinction of being the second most traded commodity on the global market. Historically the coffee prices have traveled from boom to bust due to fluctuations in the production side. “Starbucks Coffee Company believes in buying the best quality coffee and providing unmatched store experience” (Hoovers) The factors which would influence demand for coffee at Starbucks are Rapid expansion in consumer base Increase in price of complementary goods such as coffee mugs Decrease in the price of a…...
Economics
The Sarbanes-Oxley Act
This paper example reveals the main arguments and ideas related to Thesis Statement. Read more about Antigone Thesis Statement For below. The Sarbanes-Oxley Act is the single most important piece of legislation affecting corporate governance, financial disclosure and the practice of public accounting since the USA security laws of the early 1930s. It is crystal clear that companies and the accounting profession have made tremendous progress in meeting the rigorous requirements of this legislation. Sarbanes-Oxley establishes new and enhanced standards…...
Accounting And Finance
Sarbanes-Oxley Act
The following sample essay on "Sarbanes-Oxley Act": brief information about the law. Sarbanes-Oxley Act, signed into law by President George Bush on June 30, 2002, was crafted in order to improve securities legislature and to strengthen the requirements of audit checks. The act appeared in response to a string of corporate scandals and was meant as a reaction to these scandals. The article “Private Companies Feel Effects of Sarbanes-Oxley” by Thomas Hoffman concentrates on the effect the implementation of the…...
AuditCommunicationLawPolicy
Financial Security
There have been so many instances of malfunctioning financial securities over the past few years. Because of relative unpredictability of the global economy, many individuals have also been suffering from great losses in their monetary investments. If not properly addressed, greater money depreciation may be expected. The financial security that provides a certain level of credit risk is the insurance rate premiums. Apparently, most households and individuals are involved or have invested in one insurance policy or another. Probably, insurance…...
Economics
Granite Microsystems Is an Engineering Based Solutions Provider
The following example essay on “Granite Microsystems Is an Engineering Based Solutions Provider" analyzes the strengths and weaknesses of the company, after which conclusions are drawn about the development prospects. Granite Microsystems is an engineering based solutions provider for custom integrated computers and related computer products. They operate on five levels namely Component Supply Support, Board Level Design & Manufacturing, Industrial Computer System Integration, Integration of System into Subassembly, and Full Final Product Assembly. Granite Microsystems’ strengths lie on three…...
Economics
David Jones Small Appliances
Executive summary David Jones Limited is an Australian based department store chain that was founded by David Jones in the year 1838. Currently, the company has about 37 stores located in most Australian states and territories. The Australian department store industry is mostly dominated by large players which are David Jones and Myers, alongside smaller and independent companies. The report analyses David Jones’s external environment using Porter’s Five Forces model alongside the PEST model. The industry does not possess major…...
Economics
Favorable and Unfavorable Cost Variances
Chapter 9 Which of the following statements is correct? | | Unfavorable cost variances always indicate bad performance. | | Favorable cost variances always indicate good performance. | | Both of the above statements are correct. | | Neither of the above statements are correct. | Managers should not assume that unfavorable cost variances always indicate bad performance and that favorable cost variances always indicate good performance. Unfavorable cost variances may result from an increase in revenues (e. g. ,…...
Economics
Administrative Assistant
Managing Conflict, Politics, and Negotiation ------------------------------------------------- Overview Successful leaders such as Bart Becht in “A Manager's Challenge” can effectively use their power to influence others and to manage conflict to achieve win–win solutions. In Chapter 14 we described how managers, as leaders, influence other people to achieve group and organizational goals and how managers' sources of power enable them to exert such influence. In this chapter we describe why managers need to develop the skills necessary to manage organizational conflict,…...
Conflict ManagementEmploymentHuman NatureMarketingNegotiation
Statement of Professional Orientation
My decision to pursue a Masters degree in Social Work is motivated by powerful and unique factors, which are drawn from my professional, educational, and life experiences. I am naturally compassionate toward other people and have always been interested in supporting people and assisting them with whatever challenges and plights they face. Within the immediate circle of my friends and family, I've always been considered a steady and considerate source of advice and help; the problems which I have helped…...
CrisisHuman NatureMental DisorderProfessionSocial WorkWork
ISO 9001 and Quality Management Systems
Quality management system is a part of modern management that deals with the approach on the basis of drawing on system and quality theories. There are different approaches to quality management systems and most of these approaches are based on the principles that are obtained from practical work experiences in industrial manufacturing and not from agricultural practices and academic research. This only means that majority of the quality management systems are applied and used in the manufacturing industry (www.itri.org, 2008).…...
Economics
Source: Australian Wool Industries Secretariat
Wool is derived from sheep or other animals Caprinae family. Sheep is the principal member of this animal family that produces wool. Wool has many uses and for this reason it is a very valuable business commodity. Most countries produce wool but the production is not enough to sustain their demand hence the need to import from other countries whose production supersedes what they need and thus have the capacity to export and still have enough for domestic use. Such…...
Economics
Wingstop Restaurant
In 1994, Wingstop Restaurant has spearheaded the proliferation of tasty and ultimate Buffalo-style chicken wings. Since then, Wingstop have been a synonymous to chicken wings. Wingstop boasts of proprietary recipes to the delight of its customers. Furthermore, outstanding customer service and superb food have generated clamor and apparent demands, which only the Wingstop franchise can provide and satisfy. Wingstop CEO Jim Flynn, decalred that 80% of the company’s sales generate from the sales of their specialty chicken wings (Wingstop, 2008).…...
FranchisingHobbyKfcMarketingRestaurantTarget Market
Enron’s Competitive Culture and Skilling’s Role
The atmosphere at Enron was highly competitive. Enron rewarded cleverness and pushing the envelope. Enron's former president and CEO Jeffery Skilling encouraged employees to be "independent, innovative, and aggressive. ") The aggressiveness of the culture at Enron was increased by a rigorous and threatening evaluation process for all employees that became known as "rank and yank. " "Enron's employees annually ranked their fellow employees on a 1 (best) to 5 (worst) scale. Each of the company's divisions was arbitrarily forced…...
Economics
Suprema Cars: Facing Challenges in Northern England
Suprema Cars, a classic sports car manufacturer in Northern England, has had to face a lot of problems over the last few years: * Firstly, the company began to lose sales and market share, and in the last two years, it has made a loss. * Secondly, the factory workers are dissatisfied with the present situation: They demand higher wages and better working conditions. * And thirdly, the cars have suffered from a loss of quality due to an increased…...
Economics
Darwin’s Nightmare
The following sample essay on "Darwin's Nightmare": about Vladimir Lenin. Vladimir Lenin was one of the most influential political thinkers of his time. He took over the Russian Government with the ideas of Marx and ruled the country he thought fit. Lenin is known for his idea of Leninism which he believed the workers should be dictated by the vanguard party. Another idea that Lenin is known for is his theory on imperialism. The meaning of imperialism is when a…...
Economics
Mathematics: Exciting Investment Challenges
Tasks John has $ 20,000 to invest in. He invests part of his money at an annual interest rate of 6%, and the rest at 9% per annum. The return on these two investments over one year is $ 1,440. How much is he investing for each bet? Paul made two investments totaling $ 15,000. The interest rate of the first investment was 7% per annum, and the interest rate of the second was 10% per annum. If the total…...
Economics
Factory owner during the Industrial Revolution
The industrial revolution had clearly, in a profound sense of the word, changed the whole world. The industrial revolution had enabled humanity to live under improved conditions. However, while some are making the best out of the industrial revolution, majority of the population had suffered from the sudden changes in the society. Suppose that I’m a factory owner, I would be belonging to the fortunate portion of the populace. Members of the fortunate portion of the populace must keep in…...
Economics
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