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 ...


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 ...


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 ...