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.
Stretegic Managemeny Vodafone
The following example essay on "Stretegic Managemeny Vodafone" analyzes the work of a British company, one of the world's largest mobile operators. The essay talks about the strategic management of the company. Mobile operators are gaining the first mover advantage that enables them successfully to improve top line and build customer loyalty when they create innovative and differentiated products and services and launch them quicker than other competitors.In a fierce competitive mobile telecommunications market, gaining and maintaining cost and operational…...
Economics
Tegan Hrad Write Up
Was outsourcing the A/P project the right move for Tegan given the other possible alternatives? Outsourcing has seemed to acquire a rise in popularity and usage in our modern times. Outsourcing involves entering into a contract in which an in-house company process, or processes, is ultimately handed over and dealt with from a third party’s perspective. I would have to say that there are three primary, helpful factors to outsourcing, especially when it comes to the world of business. To…...
ContractEmploymentMindOutsourcing
Geox: Breathing Innovation into Shoes Case Analysis
Geox: Breathing Innovation into Shoes Case Analysis Introduction Geox is an Italian shoe and clothing company that started in 1995. Its products are available through over 10,000 stores around the world. The founder of the company, Mario Moretti Polegato, has built a company by offering a world an innovative concept of "shoes that breathe. " The company's brand-named shoe technology combines vented soles with breathable membranes that allow humidity and heat to escape while still providing protection from the elements.…...
Economics
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Partner Culture Difference and Double-layered Acculturation
Several studies have found that business opportunities in host countries improve their performance when they have a local partner (e. g. Beamish & Banks, 2003). However, the Makino and Beamish (2004) ownership structure does not imply that all global business opportunities involve a local partner. For instance, cross-national global business opportunities occur when two home-country firms (such as two US firms) form a business opportunity in a second country (such as in Japan), and tri-national global business opportunities occur when…...
Economics
German Economy, Market Trends and Key Events in Banking
The following sample essay covers the German economy, market trends and key events in the banking industry. To read the introduction, body, and conclusion of the essay, scroll down. The German economy, market trends and key developments in banking with a view to enhance the understanding of Germany’s financial and banking market. Strategic options before international players and possibilities of countering entrenched local banks on the home turf, including market leaders. Competitors’ strengths and position. Different strategies contemplated and pursued…...
Economics
Pizza Hut Bangladesh Opens First International Chain Restaurant
Corporately known as Pizza Hut, Inc, it is a subsidiary of Yum! Brands, Inc. Pizza Hut, the first International Chain Restaurant in Bangladesh, opened its flagship restaurant in 2003 at Gulshan in Dhaka. From the day of its launching Pizza Hut remains the acknowledged leader of the Pizza Industry, evident from the continuous crowds the restaurant successfully draws in. Pizza Hut has over 15,000 outlets across 100 countries. Following its grand success in Dhaka, the Chittagong outlet was opened in…...
Economics
Marks & Spencer Operations Management
The Company- A journey from cave to modern civilized societies, Marks and Spencer from a single market stall to a giant international multi-channel retailer has travelled over 129 years to establish its deep roots all over the world with 766 UK and 418 international stores. Marks and Spencer stores are spread over 50 territories worldwide employing almost 82000 people. Marks and Spencer is a general retailer that sells clothes, gifts, home furnishings and foods. The UK turnover is split between…...
Economics
International Business Environment
Code: PGBM04 Credits: 15 Level: Masters FBL, Business School Board: Postgraduate Business Studies Learning Hours: 150 of which 30 CONTACT hours Rationale 1. The international business environment is multi-dimensional, including economic, political, socio-cultural and technological influences. While each can be viewed in specific national settings, increasingly they have become interrelated through processes of globalisation. In particular, the role of transnational corporations has been a key to the deepening interrelationships across national borders. Yet, globalisation has not led to convergence. Considerable…...
Economics
Aldi and Lidl Food Industry Companies Analysis
In our globalized world it Is becoming more and more challenging for companies to create their own unique brand. Competition is high and companies have to decide which strategy is the best for their business evolvement. This report is focused on two different companies Lidl and Aldi operating in the food retailing industry. Lidl and Aldi mostly was entering markets through Greenfield investments. These two companies chose greenfield investment as they wanted to have a full control over their business,…...
EconomicsFood IndustryIndustry
A Brief Analysis of Subway Restaurant and Its Franchising System
Entrepreneurship: Subway Restaurant has a history that extends over forty three years now. It has had an amazing history that seems like a fairy tale to the admiring observer. There is an important lesson for young and aspiring entrepreneurs in the Subway story. The lesson is that when opportunity presents itself, one should grab it with both hands and then work hard to turn that opportunity into success. That is exactly what Fred De Luca did forty three years ago.…...
Economics
McDonald’s restaurants
In reviewing Subway’s recent economic performance, the restaurant franchise chain is confident in their day to day operation. Subway is still expanding and one day will they will outnumber the amount of McDonald’s restaurants. Subway’s purchasing power is high due to the 33,000 location within 90 different countries. (Subway) Cost Analysis The price for a sandwich from Subway is fairly stable across all 33,000 locations. A person can order the same sandwich form any of these restaurants. So no matter…...
Economics
Pros and Cons of Airline Deregulation
Deregulation has brought charges that safety has been reduced in the transportation industries. Although theory suggests that safety might be lower in a competitive market than in a regulated one, experimental evidence shows that safety has not declined since the transportation industries were deregulated but has actually continued to improve. Even though deregulation and partial deregulation have brought great benefits to the economy and to the consumer, some interests have been adversely affected. In the airline industry, organized labor has…...
Economics
Tata Motors History and Operation Analysis
Tata Motors Profile Established in 1945, Tata Motors is India's largest automobile company, with revenues of Rs 24,000 crore (USD 5. 5 billion) in 2005-06. The company began manufacturing commercial vehicles in 1954 with a 15-year collaboration agreement with Daimler Benz of Germany. It is the leader by far in commercial vehicles in each segment, and the second-largest in the passenger vehicles market with winning products in the compact, midsize and utility vehicle segments. The company is the world's fifth-largest…...
Economics
Inventory Control System
Inventory Control: Improving the Bottom Line Inventory control requires the tracking of all parts and materials purchased, products processed, and products stored and ready for shipment. Having a sophisticated tracking system alone does not improve your bottom line, it is how you use the information that your system provides. If your job responsibilities involve inventory control, you know how critical the function is to business success and the complexities involved in planning, executing and controlling your supply chain network. From…...
Economics
Cultural Relativism or Ethical Imperialism
Cultural Relativism or Ethical Imperialism? Dealing with Bribery Across Cultures by Niles C. Logue Professor of Economics and Business Gordon College 255 Grapevine Road / Wenham, MA 01984 niles. logue@gordon. edu 978-867-4735 Abstract: North American businesses seeking to participate in the global economy will quickly encounter conflicting cultural norms and values which complicate the normal rigors of competing in the marketplace. One of the more serious areas of cultural conflict for international business takes place over the issue of bribery.…...
Economics
Financial Statement Analysis
Financial Statement Analysis is an analysis which highlights important relationships in the financial statements. It focuses on evaluation of past operations as revealed by the analysis of basic statements. Financial Statement analysis embraces the methods used in assessing and interpreting the results of past performance and current financial position as they related to particular factors of interest in investment decisions. It is an important means of assessing past performance and in forecasting and planning future performance. Techniques of Financial Analysis:…...
Economics
Auditor's Independence Case Study
A series of financial scandals revealed a key weakness in the American business model: the failure of the U. S. auditing system to deliver true independence. We offer a two-tiered analysis of what went wrong. At the more micro tier, we advance moral seduction theory, explaining why professionals are often unaware of how morally compromised they have become by conflicts of interest. At the more macro tier, we offer issue-cycle theory, explaining why conflicts of interest of the sort that…...
Accounting And Finance
Strategic Analysis for Imax
The following sample essay focuses on strategic analysis for Imax. Read the introduction, body and conclusion of the essay, scroll down. Term of Refrences: We have refered to the book that was assigned to us in this semster which is Management (10th edition) by Stephen Robbins, Mary Coulter and Nehrika Vohra. We also consulted Strategic Management: An Integrated Approch (8th edition) by Charles Hill and Gareth Jones. Another two books that helped us to analyse this case study were Startegic…...
Stock Market
Financial Analysis of Pakistan International Airlines
The following sample essay is about the financial analysis of Pakistan International Airlines. To read the introduction, body, and conclusion of the essay, scroll down. Air travel continues to grow and will continue in this fashion as long as the economy stays in an upward trend. US domestic air traffic grew 2. 3% in 1999 and 3. 5% in the first six months of 2000 according to Air Transportation Association. The percentage of flyers has increased an average of 2%…...
Economics
Human Resource Manual of Atlas Honda Ltd, Pakistan
Atlas Honda Limited Karachi Plant F-36 Estate Avenue, S. I. T. E, Karachi Tel : (021) 2575561-5 UAN: 111-111-245 Fax : (021) 2563758 Sheikhupura Plant 26-27 Km, Lahore Sheikhupura Road, Sheikhupura,Lahore Tel : (0563) 406501-5 UAN: (0563) 111-111-245 Fax : (0563) 406009 INTRODUCTION Atlas Honda Limited (AHL) is a constituent member of Atlas Group. AHL has its registered office at 1-Mcleod Road, Lahore. AHL has two plants at Karachi and Sheikhupura. AHL is engaged in manufacturing of 4 stroke Honda…...
CompetitionEmploymentReputationSafety
How Globalization Affects Developing Countries?
How The phenomenon of globalization began in a primitive form when humans first settled into different areas of the world; however, it has shown a rather steady and rapid progress in the recent times and has become an international dynamic which, due to technological advancements, has increased in speed and scale, so that countries in all five continents have been affected and engaged. What Is Globalization? Globalization is defined as a process which, based on international strategies, aims to expand…...
Economics
Description Of The Environment Of The Tesco
Tesco is probably one of the largest food retailers in the UK and generally one of the largest in the world. Tesco operates around 2,318 stores and employs over than 360,000 people. It gives the ability to the consumers to make shopping online, through its subsidiary Tesco. om. Tesco has a wide range of services and is not limited as a normal supermarket. Originally, it is specializing in food and drink, but also it is spread into many other areas.…...
Economics
CVP Analysis for Expanding Firm
The CVP analysis helps in taking more than one decisions in a firm. How would you substantiate this statement for a unit under expansion phase| | Abstract Companies commonly face major uncertainties in their product markets, particularly in the manufacturing industry where competition is often fierce and consumer tastes change rapidly. Managers need to estimate future revenues, costs, and profits to help them plan and monitor operations and to decide the mix and volumes of goods or services to produce…...
Accounting And Finance
Amul Probiotic Ice-Cream
Amul Probiotic Ice-cream Part I: Concept Evaluation As per Market survey, most of the people are today becoming health and calorie conscious. Amul wanted to capture this health conscious market segment of ice cream consumers with the launch of its specially created Probiotic wellness ice cream. Essentially, it would not only convert non-consumers of ice cream into eaters but also increase frequency of ice cream eating. It expects to get 10 per cent additional growth only through the Probiotic range.…...
BehaviorIce CreamMarket SegmentationMarketingMilk
Vicarious Leisure Class
Living the Lifestyle of a Celebrity: Conspicuous Consumption within the Leisure Class In Thorstein Veblen’s, The Theory of the Leisure Class which was first published in 1899, Veblen identifies a problem in our society for which many did not see. Veblen described society as a division of classes, one of these classes as he described as the “leisure class” or what we know today as the wealthier, upper class. In this book, Veblen describes society, and the economy, through the…...
Economics
Nucor Corporation Case Analysis
To: Dan DiMicco From: McKensie Booth Subject: Strategic Management Date: 11/9/2010 Nucor Corporation Memo Response: Per your request I have analyzed Nucor Corporation and the steel industry. After performing both strategic and financial analysis I offer my recommendations. Executive Summary: Nucor Corporation was the most profitable steel producer in North America in both 2005 and 2006. It is regarded as a low-cost steel producer in the United States, and one of the most efficient and technologically innovative steel producers in…...
Economics
The Unrestricted Trade Example
Unrestricted International trade is the importing and/or exporting of goods and services between different countries around the world. When international trade is unrestricted it allows access to any or all countries that wish to partake in this style of trade or exchange. Although there are a few downfalls to unrestricted trade, for instance the risk of receiving unsafe items such as; food, toys etc. I do not oppose unrestricted international trade; I am in favor of unrestricted international trade. I…...
Economics
Netflix Strategic Analysis
Netflix | Strategic Analysis (Nov 2007)| | Netflix, the online subscription-based DVD rental service aimed to better satisfy customer in a way competitors didn’t, customized and personalized service with unlimited monthly rentals from a great variety of film offerings. Now they want to leverage their strengths to enter into the Video on Demand market| | | 9/18/2009| | 1 1 3 3 6 7 Table of Contents 1. Netflix Strategic Analysis 2. Netflix vs. Blockbuster: Comparative assessment of strategic differences…...
Economics
Seeing Poverty From Sociological View
Poverty seems to be recognized by many people nowadays from various kinds of mass media. However, do we really understand what poverty is, why it appears and how it affects one’s life? There are much bigger problems than we could imagine from just seeing the surface of poverty on daily news. Eli Khamarov, a social theorist, says, “Poverty is like punishment for a crime you didn’t commit” (Raphael 7). People in poverty are not always poor because of themselves. The…...
CapitalismDiseasePovertySocial Determinants Of HealthSociology
Couple Interview – Marital Challenges
I interviewed John and Cindy about their marriage and the challenges they’ve faced together as a married couple. I am encouraged by their relationship and have decided to use their relationship as a model for my second interview. John and Cindy have been married for almost 5 years. In addition to this union, there is McKenna, Cindy’s son. They are a blended family, of course, and are part of the more modern structure of families in our society. When reflecting…...
ChallengesExperienceHuman NatureLoveMarriageMoney
SWOT Analysis of Ryanair
It further evaluates alternative solutions and provides recommendation, which will help the firm to compete and dominate in the European airline Industry in terms of providing more standard services to its clients and can be the number one airline industry in the region. 1. INTRODUCTION Ryanair, set up in 1985 by the Ryan family with a share capital of just ? 1and 25 staffs has grown from a small airline flying a short hop from Waterford to London, into one…...
Economics
What Is Poverty?
The following example essay on "What Is Poverty?" the problem of poverty is raised - the economic situation of a person or social group, in which he cannot satisfy the minimum needs. The essay talks about the consequences of poverty and how to overcome it. 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,…...
Economics
New Trade Theory: Paul Krugman’s Contributions
Paul Robin Krugman, born February 28, 1953 is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times. In 2008, Krugman won the Nobel Memorial Prize in Economics for his contributions to New Trade Theory and New Economic Geography. He was voted sixth in a 2005 global poll of the world's top 100 intellectuals by Prospect. According to the Nobel Prize Committee, the prize was given…...
Economics
Payroll System Documentation
Information Technology is the study, design, development, implementation and support management of information system. It helps to produce, manipulate, store, communicate and/ or disseminate information. We used the term information technology or IT to refer to an entire industry. In actuality, information technology is the use of computers and software to manage information. In some companies, this is referred to as Management Information Services (or MIS) or simply as Information Services (or IS). The information technology department of a large…...
Economics
Ebay — the Largest E-Business
As the pioneer of e-commerce, eBay is “sustained by trust, and inspired by opportunity. ” In this case study, I am trying to figure out that how the characteristics of the digital media with strategic decisions taken by its management team have supported eBay, the world’s largest e-business, growth. Analyzing the growth of eBay can definitely help me impress the acknowledge of e-Commerce. Case Study Facts Bay is an online auction and shopping website where people and businesses buy and…...
Economics
Caterpillar Case
Caterpillar Case Analysis EXTERNAL ENVIRONMENT ANALYSIS Global. In 1915, the British military invented the armor tank and modeled it after Benjamin Holt’s steam tractor, Caterpillar. Also during World War I, the United States and its allies used Holt’s track-type tractors to haul artillery and supply wagons. Shortly after it formation, during World War II, Caterpillar served as the primary supplier of bulldozers to the US Army. Although it was a successful company for many years, for three consecutive years, 1982-1984…...
Economics
Similarities and Differences of Mesopotamia and Shang China
Features | Mesopotamia | Shang China| Community Development * Large settlements * Stable food supply * Trade and communication | Most of the settlements began along the borders of Mesopotamia and date from the 10th to the 9th millennium BC. Because of the dry climate and flooding of the river, farmers had to adapt and eventually began to grow crops of fruits and vegetables. | People settled towards the middle or lower parts of the Yellow River in places called…...
AgricultureAncient EgyptAsiaChinaCivilizationCountry
Zara & Pandora Recommendations
Zara case Zara uses a vertically integrated system (VMS): In this system, wholesalers, retailers and distributors work as a unified system. One channel owns the others. They have a corporate VMS system, because Zara has managed to build a system that is controlled from the headquarters and it allows a quick response to decide and solve problems. Inditex, Zara’s parent company owns most of the resources to design, produce and distribute. Recommendations: Instead of doing everything themselves, Zara could train…...
Economics
Financial Accounting Exam Revision Compilation
D2ACC100 FINANCIAL ACCOUNTING MID SEMESTER EXAM REVISION COMPILATION D2 ACC 100 D2 ACC 100 ACKNOWLEDGEMENT: * Extracted from Past Year Mid Term Exam Paper: D2ACC100 – SEM 1, 2006 – SEM 3, 2007 * Original idea belongs to Mr Gooi Chee San * Some of the questions have been modified to cater the needs of current student Sem 3, 2007 Question 3 Cabao is a financial consultancy firm. It updates its accounts everyday. Indicate the immediate effect of the following…...
Accounting And Finance
Transforming of South Korean Economy and the “Chaebols”’ Riddle
Nadezhda Sarelska ID: 10210680317 EMA- Chinese Economy School of Economics Fudan University Transforming of South Korean Economy and the “Chaebols”’ riddle Political Economy of East Asia Term Paper Professor Dingping Guo October, 2012 Shanghai, China Table of contents: 1. Introduction 3 2. The beginning of Korea 4 2. 1. Collective will for success of South Korea 6 3. South Korea and modern economy 7 3. 1 Reasons behind Economic growth 8 4. The Birth of “Chaebols” 9 4. 1 Factors…...
Economics
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