Economics

Main Business Systems found in Asia

Kaisha business system uses an authoritative approach while CFB is a family owned business in Taiwan and Hong Kong. However, the two above models are smaller than Japanese Kaisha and Korean Chaebol, but they do not run capital and energy intensive ...


Business and Economics

Question 1 In many countries, IT organizations are evolving from the roles of order-takers to those of business enablers (Fahey & Randall, 2001). Fahey & Randall further demonstrate that to accomplish this, companies are forced to transform ...


Can China Catch a Cool Breeze?

Chinese civilization is one of the most ancient in the world. Its long and rich history was marked by the falls and rises, wars and times of peace. Each period of the Chinese history presented the world with various achievements in arts, ...


Consumer Demand Analysis and Estimation Applied Problems

Roshima is considering two options of studying for her MBA degree: the MBA program at Arizona State University (ASU) and the MBA program at University of Phoenix (UOP). To make a decision about which of the two options is better for her, she needs ...


Economic Development in Singapore

Today, Singapore has changed in many ways, and one of the most significant features of its development is economy. 50 years ago, Singapore was a rather undeveloped state, and its GDP per capita was only 300 dollars. However, since that time ...


Economics of Risk and Uncertainty Applied Problems

Question 1 - University Benefactor a) Present Value Of The Second Alternative According to Kimmel et al (2007), PV = FVn/ (1+r) n. In this case, r is the opportunity rate, n is the number of years and FV is future value. Applying the formula to the ...


Financial Risk Management

By definition, financial risk management is a process, where corporations, both financial and non-financial, create guidelines that determine their ability to accept the financial risk. Simply put, it entails procedures and practices that companies ...


Germany and Switzerland FTA

Free trade agreements are international treaties involving two parties; they are either individual countries or even two transactional groupings entering into an agreement aimed at safeguarding free trade. Free trade agreements are aimed at ...


Homeland Security Strategy and Policy

Immigration is a critical and challenging issue of any country. It results in all sorts of trouble different states face, ranging from smuggling of illegitimate goods, piracy, terrorism, and human trafficking, among others. The governments play a ...


International Management on Globalisation

Globalisation is a process by which the national and the regional economies, societies, and cultures have been made integrated through the global network of communication, trade, transportation and immigration. In general, it is the increased ...


Economy at a Glance: Michigan

In the United States of America, the Michigan state is one among the best-performing states economically. In almost all of its economic fields, Michigan ranks second or third nationally. With considerable GDP, Michigan has a low unemployment rate of ...


The Political and Economic Needs of Non-profit Institutions in a State

States play a role in establishing institutions to manage their activities. Different units serve different purposes to attain political and economic development. In a globalized world, states also collaborate with other countries to enhance their ...


Raising the Minimum Wage

A minimum wage is the lowest hourly, daily, or monthly wage that employers are legally required to pay to their employees. The debate over a minimum wage in the United States has been going on for over 100 years. It is a hot topic in labor, human ...


Advancements In Technology Helps The Economic Progress In Taiwan

After the World War II, Taiwan, having one of the world's highest rates of economic growth and exports, has become an economically strong administrative center. Nowadays, Taiwan is a part of a group of newly industrialized economies and plays an ...


The Structure, Mission, Goals and Achievements of the Urban Institute

The number of prisoners in the last 20 years increased in the United States, mainly as a result of longer sentences. That is why a big problem now that drew public attention is a set of potential consequences that the release of a large number of ...