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.
International Business
The following sample essay on International Business about Global Market Opportunity. Global Market Opportunity Assessment the choices managers make determine the future of the firm; making good choices depends on objective evidence and hard data about which products and services to offer and where to offer them -the more managers know about an opportunity, the better equipped they will be to exploit it; this is particularly true in international business, which usually entails greater uncertainty and unknowns than domestic business…...
Economics
Ethical Issues of Wal-Mart
The ethical issues of Wal-mart Introduction: A stakeholder is a person or a group that has an investment, share or interest in a business or an industry[1], it can also be classified as anyone that has an influence on the business. There are two types of stakeholders, primary and secondary. Primary stakeholders are necessary for the company’s survival, meaning people from the workers, supervisors, managers, to the customers, shareholders and board of directors; and secondary stakeholders do not typically engage…...
Economics
Loblaws Case Study
Inc.Loblaws companies limited Loblaw Company Limited is currently Canadian’s market leader in the grocery sector including holding the 24th spot of the world’s top grocery retailer. While Loblaw seems to be doing very well due to the fact that they have a big portion of the market share, but it may not be for long when Wal-Mart becomes one its major competitors. Wal-Mart has decided to expand its business by entering the grocery sector in the Canadian market. Loblaw’s current…...
Economics
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Poverty
Poverty does not have one clear definition. It is a complicated, multi-faceted concept. For this essay the term 'poverty' will be used to mean a lack of access to basic resources including food, clean water, sanitation, education and capital. The orthodox approach to development sees poverty as 'a situation suffered by people who do not have the money to buy food and satisfy other basic material needs. There are many causes and effects of poverty. The most obvious effect of…...
Economics
Tourism Development in Tunisia
Much of the findings are based on my own observations on the impacts of tourism as I travelled around Tunisia. The three principle aspects of sustainability are social, economic and environment impacts which I used as my three elemates for measuring sustainability. Beach tourism has been present in Tunisia since the 1960’s where as saharan tourism although was started during the 1980’s it is still very much developing and aiming to gain its own indepence from beach tourism in Tunisia.…...
Economics
Pestel Analysis Of Mcdonalds
Globalization has made the globe considerably smaller. States lines have turned into practically a divider separating certain regions of a massive unitary community. Businesses are the one that are highly affected by this occurrence. The virtual closeness of states has made trade and commerce an international event. Together with these advances, the key standards of business are similarly taken into account. Macdonald McDonald’s is one of the world's most well-known and valuable brands and holds a leading share in the…...
Economics
Product Cost Under Absorption Costing Is Characteristically
Redford, Inc. has provided the following data:If the dollar contribution margin per unit is increased by 10%, total fixed cost is decreased by 20%, and all other factors remain the same, net income will:| | | A)| decrease by $60,000. | | | B)| increase by $60,000. | | | C)| increase by $120,000. | | | D)| increase by $420,000. | | | | | | Feedback:The correct answer is C (Learning Objective 1): Net income will change as…...
Economics
International Business Negotiation
International business negotiation 1 Introduction Sensitivity to cultural differences is very important in today’s international business arena. Culture profoundly influences how people thinking, communication and behave. Nowadays, business executives are finding themselves in precarious situations due to culturally rooted differences in business protocol, language and value system. Therefore, being aware of the influence of culture on international business negotiations and the proper ways to deal with problems encountered in international dealings is badly needed for persons involved in cross-cultural transactions.…...
BusinessEconomicsIndustryInternational BusinessNegotiationStrategy
Principles of Management Midterm Exam
Piyabalo Padaro MGT 301 Midterm Exam 17 November, 2012 1. A re-organization will require that some employees are provided severance packages while other reassigned. What interpersonal managerial roles developed by Mintzberg will a manager confronted with this employ? Explain. Most of us agree that for the companies to function more efficiently and effectively, some changes need to be made sometimes to ensure that the current requirements are met. Managers most of time have to reorganize and restructure companies to deal…...
Economics
Unemployment and Skills Graduates
Unemployment among graduate students Unemployment among graduates is a serious problem in Malaysia. Unemployment describes the state of a worker who is able and willing to take work but cannot find it. A high unemployment rate generally indicates an economy in recession with few job opportunities. In Malaysia, today situation is different compare to twenty years ago as there is increase of competitiveness and volatility in labor market. Graduates not only need to compete among themselves, but also with other…...
Economics
Final Project Business Analyst of Tim’s Coffee Shoppe
After carefully analyzing your Coffee Shoppe, I have found several aspects that are considered strengths and weaknesses. Tim’s Coffee Shoppe has already established its presence in the busy downtown area of Sunnydale, Illinois. Your shop is located by a large college and Horvath and Arbanes Station, which are major bus stations. The shops’ location is great because of the steady traffic flow throughout the day and it is accessible from several parts of town. The shop is lacking a few…...
Economics
Competition Among the North American Warehouse Clubs
Issues: Upon completion of the in depth analysis of Costco and the industry in which it operates, two major issues were identified. These issues relate to the long term sustainable growth of Costco and needs to be addressed by management. One issue that that was evident throughout the analysis was the stagnating profitability. One aspect that is causing this issue is the above-average employee compensation (relative to industry standards) offered by Costco. Being accumulated into the selling and administrative expense…...
Economics
Telecom in Bangladesh: GP vs Aktel
Executive summery | Telecommunication industry is a booming sector in Bangladesh which is leading by Grameen phone and followed by the some mobile operator like Aktel, Banglalink, Warid telecom, City cell, Teletalk. This study is basically on Aktel; rationally we have taken Grameenphone as a benchmark. Aktel is one of the early comers in the mobile sector but its current position is not satisfactory. Their progress is not significant in comparison to Grameen phone and other existing operator. This study…...
Economics
Seligram, Inc.: Electronic Testing Operations Case Analysis
ETO Case Study Analysis Seligram Incorporation, Electric Testing Operations (ETO) previously measured two components of cost: direct labor and manufacturing overhead. The existing cost system is very simple. Burden was grouped into a single cost pool that was combined with each of the testing rooms as well as the engineering burden costs related to software and tooling development and the administrating costs of the department. The total burden costs was then divided by the sum of testing and engineering labor…...
Accounting And Finance
Operations Management at Harley-Davidson
Policies, Processes, and Methods of Operations Management at Harley-Davidson Motor Company September, 2012 Introduction The role of operations management (OM) requires a great deal of responsibility. No matter the size or type of business, the technique and knowledge applied by an operations manager when planning, organizing, staffing, leading and controlling, can make or break a company (Heizer & Render, 2011). Harley-Davidson Motor Company is a prime example of a goods producing organization with a history of unstable performance and successful…...
Economics
Travelling Abroad Is a Waste of Money
TRAVELLING ABROAD IS A WASTE OF MONEY I strongly disagree that travelling abroad is a waste of money because we can learn history of civilizations, we can learn cultures of different peoples and we can witness the greatness of Allah. Firstly, in Surah Al- Ankabut: 20, Allah says : “ Travel the earth then see how He makes the first creation, then Allah creates the latter creations... ” What this verse indicates is the disappearance of one nation to give…...
Accounting And Finance
Pressure Die Casting
Presentation Pressure Die Casting Sam Mande Deepak Ch Veera Pratap Vamsi raj J (BUB0912011) (BUB0912016) (BUB0912013) (BUB0912010) M. Sc. (Engg. ) in Engineering Manufacturing and Management Module Leader : Dr N S Mahesh M. S. Ramaiah School of Advanced Studies 1 History Casting since about 4000 BC… Ancient Greece; bronze statue casting 450BC Iron works in early Europe, e. g. cast iron cannons from England 1543 2 M. S. Ramaiah School of Advanced Studies Introduction Die casting is a very…...
ChemistryIndustryMaterialsMechanical Engineering
Financial Maths: Calculation of Interest
FINANCIAL MATHEMATICS 1. RATE OF RETURN 2. SIMPLE INTEREST 3. COMPOUND INTEREST 4. MULTIPLE CASH FLOWS 5. ANNUITIES 6. LOAN REPAYMENT SCHEDULES Financial Math Support Materials Page 1 of 85 (1) RATE OF RETURN FINANCIAL MATHEMATICS CONCERNS THE ANALYSIS OF CASH FLOWS BETWEEN PARTIES TO A CONTRACT. IF MONEY IS BORROWED THERE IS AN INTIAL CASH INFLOW TO THE BORROWER BUT AFTERWARDS THERE WILL BE A CASH OUTFLOW IN THE FORM OF REPAYMENTS. A person borrows $100 and promises to…...
Banking And Finance
Non-Monetary Events in Accounting
CHAPTER 1 Accounting: An Overview and Analysis MULTIPLE CHOICE QUESTIONS 41. Accountants refer to an economic event as a a. purchase. b. sale. c. transaction. d. change in ownership. 42. The process of recording transactions has become more efficient because a. fewer events can be quantified in financial terms. b. computers are used in processing business events. c. more people have been hired to record business transactions. d. business events are recorded only at the end of the year. 43.…...
Accounting And Finance
Market Equilibrium
3 3. 1 Market equilibriuM and efficiency Equilibrium Learning outcomes • Explain,usingdiagrams,howdemandandsupplyinteracttoproducemarket equilibrium. • Analyse,usingdiagramsandwithreferencetoexcessdemandorexcesssupply, howchangesinthedeterminantsofdemandand/orsupplyresultinanewmarket equilibrium. Money is a medium of exchange – you can exchange it for something you want that somebody else has. Having examined demand and supply separately, we can combine them to analyse markets more completely. When demand and supply are combined, there is a tendency for the market to reach an equilibrium state. Equilibrium is defined as the state in which all contrasting forces…...
Economics
Wattle Company Zimbabwe
INDUSTRIAL ATTACHMENT REPORT By MAXWELL MASUNDA MIDLANDS STATE UNIVERSITY BSC HONOURS GEOGRAPHY AND ENVIRONMENTAL STUDIES Registration Number R102163M Period Jan-Dec 2012 Department Health Safety and Environment Endorsed By Work Related Learning Supervisor __________________________ Signature Student’s Name Masunda Maxwell Registration Number R102163m Student’s Signature ___________________________ Signature Company Stamp Period Jan – Dec 2012 Academic Supervisor Mr Mutekwa Table of contents Page Abstract............................................................................................................... Acknowledgements............................................................. ................................. 2 Abbreviations....................................................................................................... 3 CHAPTER 1---INTRODUCTION 1. 1Information about the organisation. Vision, Mission statement, Values and objectives of…...
EmploymentManagementMarketingPlantationSustainabilityWaste Management
Door-to-Door Cosmetic Sales: Pros & Cons
What are the advantages and disadvantages of selling cosmetic products through door-to-door selling, specialty stores, department store counters, and supermarkets and hypermarkets? ?Door-to door selling The advantage of using door-to door selling is the salesperson can make initiative to go around door-to door to persuade customers to buy the cosmetic products instead of waiting the customers to visit your shop. The company is able to save money for setting up a visible shop which usually costs a lot. Besides, there…...
Economics
IPO Attractiveness with Strategic Repositioning and Minority Shareholders Exit
1. How does the strategic repositioning of the company and the use of the IPO as an exit for minority shareholders affect the attractiveness of the IPO? The strategic repositioning of the company was to gradually shift away and exist from customer care which TRX generated more than 50% in 2000, and Davis’s long term strategy was to focus on the higher margin sectors, such as data transaction and integrations. By shifting away from customer care, of course would reduce…...
Economics
Clarkson Lumber Case Study
CLARKSON LUMBER CASE STUDY B RADY CLIFFORD • DAN HORTON • EMIL HYMAS Y • RICH WILKINSON EXECUTIVE SUMMARY Clarkson Lumber Company, owned by Mr. Keith Clarkson, has been in business for 15 years and currently has 15 employees. Firms who have worked with Clarkson speak very highly of him, saying that he is conservative and his operating expenses are low. The company’s revenues are projected to continue to grow. Recently, Clarkson Lumber’s accounts payable and notes payable have increased…...
Economics
Fineprint Owner John Johnson
Case Overview FinePrint Company (FPC) owner and manager John Johnson is weighing a proposal from a local Virginia businessman by the name of Ernest Bradley and his small business “SmallPrint Shop” (SPS). FPC employs one sales representative and one printing-press operator, but it also relies on temporary labor to help with the fluctuations in volume. At current it is running at full capacity: 150,000 brochures a month. SPS is known for its basic printing services; however it is capable of…...
Economics
Dirt Bike Company’s Performance and Strategy
TABLE OF CONTENT I. DIRT BIKES USA COMPANY I. IS REQUIREMENT AND FINANCIAL PERFORMANCE II. COMPETITIVE STRATEGY III. OPERATIONAL EXCELLENCE: 1. rent or buy decision for hardware and software 2. CUSTOMER DATABASE 3. SUPPLY CHAIN MANAGEMENT SOLUTION 4. E-COMMERCE STRATEGY 5. KNOWLEDGE MANAGEMENT 6. COMPONENT PRICE CHANGES. I – DIRT BIKES USA COMPANY: Dirt Bikes USA is Dirt Bikes production company based in California. It was founded in 1991 by Carl Schmidt and Steven McFadden, two young but experienced bikers…...
Economics
Globalization and Its Impact on Bangladesh Economy
Assignment On “Globalization and its Impact on Bangladesh Economy” (ECO 360, Section: 1) Assignment on “Globalization and its impact on Bangladesh Economy”. Subject: ECO 360 (Socio-Economics Profile of Bangladesh) Section: 1 Submitted To: Muhammad Mahboob Ali Adjunct Faculty, Department of Economics, East West University. Submitted By: Name| ID| | | | | | | Acknowledgement In the preparation and finish this assignment, we acknowledge the encouragement and assistance given by a number of people and institution. We would like to…...
Economics
Measure the Fair Value of Assets and Liabilities
The objective of this project is to provide guidance to entities on how they should measure the fair value of assets and liabilities when required by other Standards. This project will not change when fair value measurement is required by IFRSs. Discussion at the September 2005 IASB Meeting At the September 2005 meeting, the IASB added the Fair Value Measurements topic to its agenda. The aim of the project is to provide guidance to entities on how they should measure…...
Economics
Nop Application Form Details
Lahore University of Management Science Application form for National Outreach Programme Batch 2013 Who can apply? 1 Photograph Paste here with glue Applicants should have atleast 80% MARKS IN MATRICULATION in order to apply for the NOP. Moreover, NOP is a NEED BASED SCHOLARSHIP. Only genuinely financially deserving students will be considered for the Programme. Instructions for the submission of application form: Please follow these instructions carefully: • • • • • Fill the form in BLOCK LETTERS. Fill in…...
LoanTax
MayBank: Malaysia's Largest Bank and Financial Group
1. 0. INTRODUCTION 1. 1. MAYBANK BERHAD BACKGROUND Maybank is a trade name for Malayan Banking Berhad. Maybank is well known as the largest bank and financial group in Malaysia, with significant banking operations in Singapore, Indonesia and the Philippines. This bank also has large interests in Islamic banking throughout Maybank Islamic Berhad and insurance via its Etiqa subsidiary. As it moves into its six decade, Maybank Group already show it commitment and changes in order to become the financial…...
Banking And Finance
Analysis of Current Problems in the Kdc Organizational Environment
The analysis focuses on the external environment of KDC. Overall, KDC has a quite favorable external environment to a certain extent to make out the most of it. However, each of the factors in its external environment have good and bad effects on its outcome, realizing and understanding all of which can help the corporation to exploit the most from the environment and avoid mistakes reducing its achievements. External environment is divided into general and specific factors. In the general…...
Economics
Commercial Basic Credit Management EXIM Bank Experience
DECLARATION This Internship report is submitted as a partial fulfilment of the requirement of Bachelor of Business Administration . I am Md. Saiful Islam hereby declares that the work presented in this report titled “Commercial Basic Credit Management EXIM Bank Experience. ” has been carried out by me and has not been previously submitted to any other University, College or Organization for any academic qualification, certificate, diploma or degree. The work I have presented does not breach any existing copyright.…...
Economics
Criticism & Theory Chapter 2 Review of Related Literature and Studies
CHAPTER I THE PROBLEM AND ITS BACKGROUND INTRODUCTION The success of many fast-food chains in Metro Manila is largely due to the fact, that they are able to deliver the equality of services expected of them of the people who lead hurried lives. These people businessmen, executives, ordinary employees and workers, students and others, depend on these fast food chains for their food sustenance to keep them going throughout the day. Thus volume of customers turned to these establishments everyday,…...
ConfidenceEmploymentLeadershipMotivation
Business Plan for Salon & Spa
Introduction People seek beauty. They are constantly looking to give themselves a whole new look or improve what they have. They drop by the nearest hair and beauty salon to be pampered by stylists and beauticians to style their tresses, shape their eyebrows, and color their nails – all for a few (or more) bucks. An hour in a hair and salon shop every month and one emerges confident and ready to take on the world. Beauty salon and spa…...
Economics
Hr Management: Dependable Cleaners Case Analysis
CASE ANALYSIS Case: Dependable Cleaners Time Frame:6 Months – 1 year Statement of the Problem: 1. What are the major HR problems that Marie Luna is facing in this company? 2. What performance management system should Marie adopt for her company? Describe how this system will work. 3. Prepare a performance evaluation form that form that she can use for her service employees. Areas of Consideration: ?The company now has a staff of 420 employees located in different areas ?…...
Economics
Company Law: Types and Formation
BT20403/Company Law Business Entities: Company Law Topics covered: Types of Company Formation of a company; • Promoters Pre-Incorporation Contract • Memorandum and Articles of Association Inconsistency between the object and the company’s activities Upon incorporation: • Company is an artificial legal person • Separate legal entity Lifting the corporate veil scs&ismk/company law CONT. 2 The Effect of Incorporation • Memorandum of Association & Articles of Directors’ duties and liabilities association • Common law & statutory • Termination • Limited Liability…...
Economics
Online Banking History and Usage
Table of contents 1. Abstract 2 2. Introduction 3 3. Group Assignment 4. 1. Functionality 7 4. 2. Advantages 9 4. 3. Disadvantages 12 4. 4. Impact of the Technology 13 4. 5. Conclusion 14 4. 6. References 15 4. Individual Assignment 5. 7. Human Aspect of Computing 7 5. 8. 1. Recommendation 19 5. 8. 2. References 19 5. 8. Security Issue 20 5. 9. 3. Recommendation 22 5. 9. Real-time Systems 23 5. 10. 4. Recommendation 25 5.…...
Banking And Finance
Jetblue and FCFF
After the terrorist attacks on September 11, 2001, it was upset deeply because of the safety for the airline industry in the United States. The passenger demand suddenly reduced and many flights cancelled afterwards, which led a lot of American airlines declared bankruptcy afterwards, including US Airways and United Airlines. It was a challenging time for airline industry, however, David Neeleman, the CEO and Founder of JetBlue Airways, discovered an opportunity for the company. Barely two years after its foundation,…...
Economics
Project Report Medical College
Application for Letter of Intent (LoI) and Letter of Permission (LoP) of the Central Government to establish a new Medical College in Bhopal (M. P) Detailed Project Report L. N. Medical College & Research Centre (LNMCRC) J. K Hospital & Medical Research Centre ------------------------------------------------- (JKHMRC), Bhopal (M. P) ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------ ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- A new Medical College project promoted and managed by: H. K. KALCHURI EDUCATION TRUST 31, SHYAMLA HILLS, BHARAT BHAWAN ROAD…...
Economics
Crocs History and Marketing Analysis
Crocs began marketing its shoes at a November 2002 boat show. Crocs were originally intended to be sold to boaters, because of their slip proof, non-marking sole and the fact that they are waterproof and odor resistant. However, this market soon expanded to include gardeners, healthcare workers, waiters, and other professionals who had to be on their feet all day. This market began to encompass markets Crocs had never considered. Over the course of a year what had started out…...
CommunicationMarketingTarget Market
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