Economics Essays and Term Papers

Managing The Transition From Maturity To Decline: Diamond Power Corporation

This case study, prepared by Richard C. Scameborn, follows the Diamond Power Specialty Company from its humble beginnings in 1903 to its decline in 1991. The birth of Diamond came with the invention of the hand cranked soot blower. As the years and technology progressed, so did the Diamond soot ...

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What Are Five Factors Which Contribute To The Failure Of New Restaurants?

? Definition of Business Failure: Business that ceased operation following assignment or bankruptcy; ceased operation after foreclosure or attaching; voluntary withdrawal leaving unpaid debts. It is a common assumption in the restaurant industry that restaurants fail at an exceedingly ...

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Airborne Express Company Overview

In a highly competitive industry the structure of a firm is very important to its success. Today firms are moving away from the centralized structure of the past, and adopting a more decentralized structure (Management Challenges in the 21st Century p 315). The air express industry is no ...

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Advantages Of Technology In International Trade

Technology plays a major role in international trade. Databases, overnight delivery and faxes have opened the world market to not only larger companies but small ones too. To add to this globalization, companies and even competitors are combining and forming alliances to cut cost and increase ...

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The Market Structure Of Microsoft

Microsoft is the undisputed leader in the market for operating systems (Sheremata 1997). The Microsoft Corporation has produced the vast majority of operating systems for all personal computers (PCs); moreover, operating systems that Microsoft has created are Windows95, Windows 3.1, and DOS. They ...

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Cutting The National Debt

"It's time to clean up this mess." Famous last words heard from the mouths of many different politicians when talking about the national debt and the budget deficit. Our debt is currently $4.41 trillion and we have a budget deficit of around $300 billion and growing. Our government now estimates ...

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The Merger Of Banks

A mental picture that is simple to formulate is the look on the neighborhood mortgage banker's face if a would-be customer walked in without warning and without proof of having any financial worth himself, and proceeded to announce that he had found a property without any great distinction, that ...

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Business Leadership

Today, businesses of all types and sizes struggle to survive and prosper in an increasingly complex and dynamic world. To achieve such results no one can question the need for effective leadership. To be effective as a leader one should possess or obtain these desired qualities: Creativity Drive ...

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Black Thursday

Thursday, October 24, 1929, has the dubious honor of being called because it was on this day that the New York Stock Exchange crashed. This event heralded the end of the "Roaring Twenties". In the 1920’s, spirits were high in the United States and around the world. The rapid increase in ...

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How Should An Economist View The Society?

? How can the distinction between philosophers and scientists be made? In the article, “A Challenge to Scientific Economics”, Louis Uchitelle focuses on the question of how an economist should view the world. Should the economists be satisfied with the approximations of the real world or should ...

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Advanced Export Marketing

MAJOR ASSIGNMENT There are already many federal programs that assist exporters in various ways including Progam for Export Market Development (P.E.M.D.), Canadian International Development Association (C.I.D.A.) and Canadian Commercial Corporations (C.C.C.). These programs help exporters secure ...

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The Federal Deposit Insurance Corporation (FDIC)

The Federal Deposit Insurance Corporation (FDIC) The Federal Deposit Insurance Corporation (FDIC) in an independent agency of the United States Congress that was created in 1933 in a section of the Federal Reserve Act. It’s main propose is to insure banks in the event of bank failure. In 1950, a ...

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Minimum Wage

is the lowest rate employees may legally pay for an hour of labor (Merriam, 741). The United States has a law to guarantee minimum hourly wages and to prevent the exploitation of workers and provide unskilled and part-time workers with a wage floor. People have argues that the has become less ...

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Managers Of Organizations

Outline Thesis: today face a demand for change in their organizations if only because change is so pervasive in the world around them. I. ASSUMPTIONS II. CONDITIONS FOR CHANGE A. Widespread felt need. B. Leadership C. Trust D. ...

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World Populations And Development

1.) The Neolithic and Industrial Revolutions The two changes in the use of the earth's resources that had the greatest effect on the world population were the neolithic and the industrial revolutions. The neolithic revolution (a.k.a. agricultural revolution) was a change in the way of life of ...

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Deficit Spending: The Deficit Good Or Bad

"Spending financed not by current tax receipts, but by borrowing or drawing upon past tax reserves." , Is it a good idea? Why does the U.S. run a deficit? Since 1980 the deficit has grown enormously. Some say its a bad thing, and predict impending doom, others say it is a safe and stable ...

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Tyler Pet Foods, Inc.

I. SUMMARY Tyler Pet Food Inc. is a major distributor of dog food for show-dog kennels in the United States. After some researches and discussions, Tyler Pet Foods(TPF) decided to enter into the household dog food market in the Boston, Massachusetts, metropolitan area. TPF hired a consulting ...

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Management And The Body Shop

In this paper I will be taking a look at basic management functions. The approaches, and the synthesis of two views of management. I will attempt to take an overview of culture and its effect on a company. In today's changing global environments many companies have joined the open trade policies, ...

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An Overview Of Chapter 7 Bankruptcy

Chapter 7 bankruptcy is sometimes called "straight" bankruptcy. This bankruptcy cancels most of your debts; in exchange, you might have to surrender some of your property. The whole Chapter 7 bankruptcy process usually takes three to six months, costs about $175 in filing fees, and commonly ...

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What Psychiatrists Do

A psychiatrist deals with cognitive and emotional problems in humans. A psychiatrist usually visits with his patients on weekly installments. There are sometimes special patients who need to visit more or less often, though. After each visit with his psychiatrist, one should feel more open about ...

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The Particular Features Of The Employment System In Japan

One of the unique and well known features of the Japanese employment system is permanent employment for workers. Japanese corporations responses to recessionary periods provide an opportunity to sort out the myths from the realities of the Japanese permanent employment system. During ...

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Drugs And Their Effects On Business

We all know that people are heavily using drugs for recreational purposes. What we don't know or haven't realized yet is that it is becoming more common for drug users to get high before or even at work. "Stoned" workers are inefficient and are costing companies millions in accidents and ...

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The Investment Industry

is composed of a wide variety of firms. The main players include independent full line brokerage firms, investment bank subsidiaries of chartered banks, and discount brokers. Independent full line brokerage firms offer a wide range of services, including underwriting, trading of stocks, advice ...

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The US Monetary Policy

In exploring monetary policy in the United States, it is essential to define what is meant by monetary policy. Monetary policy can be defined as the policy decisions and actions by the Federal Reserve System (Fed) that affect the banking system and money supply. This may seem vague, but by ...

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Chinese Economic Reform Under Communist Rule

Two years after the death of Mao Zedong in 1976, it became apparent to many of China's leaders that economic reform was necessary. During his tenure as China's premier, Mao had encouraged social movements such as the Great Leap Forward and the Cultural Revolution which had had as their bases ...

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