Economy Essays

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Impact of Natural Disasters on Risk Management

Research says threats of natural disasters may continue to rise due to the increase in the average temperature of the water in oceans (Tennyson & Diala, 2016). Weather events will be intense and frequent due to global warming. This will result in rising sea levels and other environmental changes. According to Tennyson and Diala, disaster […]

Pages: 2 Words: 703 Topics: Economic Growth, Economy, Risk Management

Marxism Analysis

Categorized as the father of communism, Karl Marx shared many beliefs as an economist, journalist, theorist and most importantly a philosopher. As a fellow Hegelian, Marx believed in the dialectical method, the thought of implementing a new idea with an old one to create a new principle. His critique that dialectics should not accept the […]

Pages: 4 Words: 1108 Topics: Capitalism, Economy, Karl Marx, Marxism, Social Class
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Capitalism According to Marx and Engel

Capitalism according to Marx and Engel in the communist manifesto is viewed as a class-based model in the society where individuals are divided into classes based on wealth. The class separation results in class struggle and competition. The capitalism system first causes exploitation of those providing labour that according to Marx and Engel belongs to […]

Pages: 3 Words: 991 Topics: Capitalism, Economy, Karl Marx, Marxism, Social Class

What is Marxism?

Karl Heinrich Marx (1818-1883) was a radical social theorist, whose thoughts on social, economic and political systems are generally referred to as “Marxism” (Honderich, 1995). The basic tenets of Marxist philosophy are predicated on Marx’s theory of history, which regards human history as a continuous struggle between socio-economic classes (Witt, et al, 1980). According to […]

Pages: 3 Words: 958 Topics: Capitalism, Economy, Karl Marx, Marxism, Materialism, Social Class

Social Implication of Blockchain

For the past several decades humans have been using the same traditional centralized systems. These centralized systems include banks and governments. We use banks to send and receive money from all over the world. We trust banks to send and receive our money, therefore; we rely on these centralized systems as intermediaries that negotiate on […]

Pages: 3 Words: 769 Topics: Bitcoin, Blockchain, Economy, Money, Policy

The HR Guide to Workplace Gamification

Businesses compete with each other to hire and retain the best talent. It is also important to keep your employees motivated and get the best out of them. This is the reason that the concept of gamification at workplaces has become quite popular all over the world. Gamification leverages the inherent human trait of competitiveness […]

Pages: 3 Words: 1007 Topics: Economy, Employment, Gamification, Motivation, Organizational Culture

Private Ancillary Funds for Taxes

No matter how rich you are, when the time comes for paying the taxes especially income taxes, it really hurts. There are several ways one can save his/her hard earned money through investments and charity. But, most the investments are prone to high market risks. But, Ancillary Funds can offer you or your group of […]

Pages: 2 Words: 566 Topics: Economy, Tax

Infrastructure Resilience Planning

A significant number of nations have a more efficient government which has the advantage of achieving high levels of economic growth as compared to other states. This is accomplished through obtaining better credit rating as well as attracting more investors who are offering high quality services thus putting foreign aid resources to better use. In […]

Pages: 1 Words: 348 Topics: Canada, Economy, Policy

Cost of Production in Starbucks

Cost of Production When we analyze the cost of production, which are the cost related with making or earning goods and services that directly create revenue for a firm, it is also represented by the cost acquired by a business when manufacturing a good or service. Production cost include a variety of expenses including labor, […]

Pages: 3 Words: 999 Topics: Coffee, Economy, Starbucks

My Research on Starbucks

While reading, Management principles we learned In business, Corporate Social Responsibility (CSR) is valued not just for a business but also for the consumer. In spite of some business having great successes in practicing CSR, other businesses or organizations have disagreed about the benefits of it. I decided to pick a business like starbucks that […]

Pages: 2 Words: 662 Topics: Coffee, Corporate Social Responsibility, Economy, Policy, Starbucks

Bill Gates an American Businessman

Bill Gates is an American businessman and one of the founders of Microsoft, a successful computer technology company. The free enterprise system enabled Gates to create this successful and influential company, and become of the richest people in the world. In the 1960’s, Gates and his friend, Paul Allen, learnedhow to use computer programming languages. […]

Pages: 2 Words: 510 Topics: Bill Gates, Capitalism, Economy

Online Shopping Today

The Internet is one of the most significant modern day inventions. Many people would agree that the Internet has transformed nearly every aspect of life, including the way we talk, live, and especially the way we shop. Although many people still shop at physical stores due to the risk of errors and fraud in online […]

Pages: 3 Words: 892 Topics: Economy, Media Manipulation, Online Shopping, Retail, Shopping

Research Article about Online Shopping

LITERATURE REVIEW AND RESEARCH DESIGN: Rosa E Rios (2008) in her research article “Brand equity for online companies”. Finds whether the traditional method to measure brand equity is applied to online companies or not. And the author used Structural equation modelling as research methodology tool. Brand equity fully depends on brand loyalty and brand value […]

Pages: 3 Words: 844 Topics: Behavior, Customer, Economy, Media Manipulation, Online Shopping, Research, Retail, Shopping

Online Shopping Versus In-Store Shopping

Nowadays, the development of technology including the internet brings people a lot of benefits. A lot of people use the internet to search the needed information, to learn something new, and to buy things. Therefore, this leads to the strong growing of online shopping. Madeline Farber stated on the Fortune News that “an annual survey […]

Pages: 2 Words: 731 Topics: Economy, Fashion, Online Shopping, Retail, Shopping

Cryptocurrency is Much more than the Internet

The internet revolutionized the world. It provided a platform that would change the way we communicate, shop, bank, and interact with everything around us. It fueled economic growth with companies like Google, Amazon, Facebook and many more. The internet has developed so quickly and become such a large part of our lives, that it is […]

Pages: 3 Words: 791 Topics: Cryptocurrency, Economy, Policy

How to Encourage Mass Cryptocurrency Adoption?

While more and more businesses accept cryptocurrency every day, there are still barriers to mass adoption of decentralized digital currency. Some of the very same things that carry the technology’s greatest strengths also stand as a barrier to wider adoption. However, there are things we can all do in the short term to encourage participation, […]

Pages: 4 Words: 1221 Topics: Cryptocurrency, Economy, Finance, Retail

Financial System and Cryptocurrency

Since the Financial Crisis of 2008, many Americans have held lingering doubts about the stability and creditworthiness of the current financial system. As a response to the economic crisis the first cryptocurrency, Bitcoin, emerged which intended to be a cash-like payment system unaffected by economic downturns. Unlike the traditional monetary institutions who’s negligence caused the […]

Pages: 3 Words: 875 Topics: Bitcoin, Cryptocurrency, Economy

Spain and Cryptocurrency Regulation

When it comes to bitcoin regulation, or any regulation concerning cryptocurrencies, Spain has continued to be somewhat lax. Due to a rise in securities fraud during the country’s 2008 recession, the rights of investors of any kind are highly protected. Besides the fact that cryptocurrencies in Spain cannot be treated as legal tender, as shown […]

Pages: 3 Words: 800 Topics: Cryptocurrency, Economy

Agricultural Insurances

Data and Methodology: Karnataka state, with more than 75 per cent of its arable land in the rain fed regions, has the Second largest drought-prone area in India, (first largest Rajasthan). Minimizing the impact of natural disaster–related agriculture losses, particularly from drought, is therefore a major public policy objective for its government. An effective crop […]

Pages: 2 Words: 736 Topics: Agriculture, Economy, Insurance, Poverty, Risk

Globalization’s Results in the Global North and South

Globalization has created a real pathway for businesses to penetrate and exploit the potential of the Global South. It has also encouraged the emergence of a new working class with shared characteristics. The social class champions for better working conditions using unique and different ways from the structured processes that dominate the home countries of […]

Pages: 4 Words: 1083 Topics: Capitalism, Economy, Employment, Globalization, Immigration, Policy, Social Class

Pepsi Vs Coca Cola

Many companies get loans in order to help finance their operations. Interest must be paid on these loans to the creditors. The times interest ratio (TIE), also known as the interest coverage ratio, is a metric that allows companies to measure their ability to meet their debt obligation (“Time Interest Earned – TIE,” 2018). In […]

Pages: 2 Words: 637 Topics: Coca Cola, Debt, Economy, Finance

The Coca-Cola Company Enterprise

As the world’s largest beverage company, Coca-Cola has 21 billion-dollar brands, with nearly 4,000 different beverages to choose from and a presence in every country on Earth, include sparking beverages as well as a wide range of still beverages such as water, juices, ready-to-drink teas and coffees, and energy drinks. In order to serve consumers […]

Pages: 2 Words: 601 Topics: Coca Cola, Economy, Supply Chain Management

Factors Influencing Sustainability of Electronic Manufacturing Company in Laguna

The 5S program is a technique originated in Japan and was introduced by Takashi Osada in 1980. 5S is consist of five phases from Japanese words: Seiri (sort), Seiton (set in order), Seiso (shine), Seiketso (standardize) and Shitsuke (sustain). 5S is a step by step process of housekeeping to achieve a safe, clean and organized […]

Pages: 2 Words: 650 Topics: Economy, Sustainability

Walmart Weaknesses

INTERNAL STRENGTHS The Internal Strengths of a company are what makes them who they are, also they are what contributes to the success of that company. Some of the internal strengths of Walmart, according to Smithson and SWOT Analysis, are: The largest retailer in the world- Walmart is the largest retailer and employees the most […]

Pages: 2 Words: 733 Topics: Economy, Retail, Swot Analysis, Walmart

A Review of Walmart’s Logistic Infrastructure

Walmart’s logistic infrastructure consisted of three things; their transportation system, distribution centers, and cross docking. Their transportation system consisted of a minimum of 3,500 trucks which are all regulated under the restrictions and policies stated in the “Private Fleet Driver Handbook. This gave Walmart a big advantage over its competitors because they could determine how […]

Pages: 3 Words: 821 Topics: Economy, Supply Chain Management, Transport, Walmart

Comparison of Amazon and Walmart Companies

After analyzing and reviewing both Amazon and Walmart’s annual reports to determine their financial positions, it is evident that both companies have different pros and cons in regard to investment purposes. Amazon is considered the world’s largest online retailer and service provider. Walmart is an American multinational retail corporation that operates a chain of many […]

Pages: 2 Words: 609 Topics: Debt, Economy, Finance, Walmart

What Walmart Needs to Succeed in Indian Market

Introduction Walmart has already dominated the Americas and China Markets and have set their sights on the Indian market. However, Walmart must overcome the strict government barriers, frustrating bureaucracy, and poor infrastructure in order succeed in the Indian market with the lessons Walmart learned from previous ventures. Background Sam Walton opened the first Walmart in […]

Pages: 3 Words: 769 Topics: China, Economy, Retail, Walmart

Three Distinct Merchandise Units of Walmart

Products/Services Merchandise Walmart U.S. do most of their business in three distinct merchandise units. Most of their business is done in supercenters, discount stores, local markets and other small stores, as well online through their eCommerce websites. The grocery unit consists of meat, produce, natural & organics, deli & bakery, dairy, frozen foods, alcoholic beverages, […]

Pages: 2 Words: 672 Topics: Economy, Retail, Shopping, Walmart

Business Issues of Walmart

It is a well-known fact that Wal-Mart is the largest retail organization in the world. Understanding that growth can only go so far without change, Wal-Mart made it clear early on they were willing to make bold industry changing innovations in their operations. Its operational innovations have kept Wal-Mart on the cutting edge of technology […]

Pages: 3 Words: 786 Topics: Economy, Innovation, Retail, Supply Chain Management, Walmart

SWOT Analysis of Walmart Stores Inc

S- Strengths: Walmart is number one in the Fortune 500 for 2018 with proceeds of over five hundred million. (Walmart Fortune) Walmart has established a brand-name that is recognized throughout the world, 27 countries to be exact. Walmart offers multiple categories of products including groceries, health and wellness, cosmetic, entertainment, auto care, hunting, apparel, outdoor, […]

Pages: 3 Words: 844 Topics: Economy, Retail, Walmart
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