The Main Costs And Benefits Of The Financial Sector Of Uk

The Main Costs And Benefits Of The Financial Sector Of Uk
1: Introduction
The financial sector, which is seen as the brain of the economy, plays a pivotal role in providing and channeling finance for consumption and
investment in UK economic system (Whittaker, 2002). It encompasses a broad range of financial institutions including banks, building societies,
insurance companies and pension funds. Banks, which account for 57% of gross value added of the UK financial sector in 2011, are the key players
in the UK financial system (Burgess, 2011). In fact, a well–functioning financial sector could underpin the prospering economy of UK in normal and
non–recessionary times. However, a flawed financial system without proper regulation would eventually lead to economic disaster particularly
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A well–functioning financial sector should perform smoothly in these aspects. First, the financial sector provides a safe and efficient payment
system, which is essential to support the day–to–day business of the UK economy. Millard and Willison (2006) suggest that an efficient and stable
national payment system decreases the cost of exchanging goods and services, and is essential to the functioning of interbank, capital and financial
markets. Second, financial institutions perform the financial intermediation role of transferring funds from surplus units to deficit units (Waitzer &
Sarro, 2014).
In contrast to the barter economy, the financial sector sits between savers and borrowers: taking funds from depositors and making loans to
borrowers, linking together households, companies, and governments. As such, financial sector could allocate the surplus funds in the society to
their most efficient use in the needed areas (Diamond, 1984). For example, the credit provision to SMEs fuels real business to invest in new
buildings and machineries to foster their growth. In this way, financial sector benefits the nation by expanding the whole society's productive
capacity, then improving people's living standards eventually. Third, a well–run financial system facilitates the management and allocation of certain
risks (Baily & Elliott, 2013). Financial intermediaries have
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The Impact of Offshoring on the U.S. Economy
Off–shoring is the establishment of business operations outside national boundaries. The process of moving business outside these boundaries is to
garner an advantage either through tax breaks, lower wages, lower transportation cost and/or relaxed regulations ("Offshore definition," 2014). Many
firms either branch out as a horizontal multinational or vertical multinational. Horizontal multinational's produce the same good or services as
abroad. This foreign direct investment (FDI) is done to strategically place production closer to the target market. Doing this provides advantages
surrounding transportation cost while enhancing learning associated with local needs. A vertical multinational is one that fragments a portion of its ...
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Multinational Corporations". The analysis will evaluate factors motivating firms to move off–shore and the associated impact on the U.S. work
force. The three measures that will be discussed are 1) value added (i.e. the measure of capital and labor gain at a given production stage), 2) capital
expenditures (i.e. land, buildings and equipment), and 3) employment (i.e. number of jobs lost/created). The paper will conclude with a discussion of
outcomes between 1977 – 2003 using data supplied by the Bureau of Economic Analysis.
Assessment
Economic integration aims to reduce cost and increase value for both producers and consumers. This is accomplished by increased international
trade for goods and services. Economic integration has expanded markets by which firms can "play". Firms are more self–serving, their motive is to
reduce cost and increase profits. To do this firms have begun to off–shore their operations. Off–shoring allows a firm to lower cost and establish a
presence closer to target markets. This process has become easier with technology advances. For example, information can be shared and
transactions made with the click of a button. International borders are easy transcended with expansive transportation networks. This facilitates
product movement and placement of resources, supporting just in time (JIT) manufacturing. Critics of this believe overall economic well–being is
affected when companies off–shore, since jobs and

Brief Technological Innovations Of The Ford Automobile...
Second, Pep Boys must take advantage of the latest technological innovations that will enhance customer service, productivity and competitive sales
to augment their profitability. Constantly changing technologies, and the need to evolve is a must. As noted by (Stacey, 2011), companies must not
just keep up. They must be leaders in innovations, so that they do not become the followers, but leaders as well, setting an example for all others to
emulate. One aspect of the increasing of sales has been not just look at finances as the important factor. The encouragement of employees to create
relationships with customers, win their trust and maintain that trust at all times is of paramount concern. Finally, Pep Boys make more money
winning loyalty, practicing integrity and honesty than just pushing parts and service. The automobile industry drives competition. Therefore,
competition from similar companies that sell the same type of product, as well as companies that supply organizations with the items they need in
order to maintain stock. What if the Ford automobile company had only 50 percent of their independent dealerships stocked with the latest models as
well as a complete selection of Ford automobiles? How can Ford compete with other automakers such as Chevrolet if they made sure that all of their
dealerships has high availability and quantity of car selections? The success of companies such as Pep Boys depends on integral relationships.
Therefore, relationships such as

Key Performance Indicators (KPIs)
Key Performance Indicators (KPIs)
Key Performance Indicators (KPIs) are quantitative and qualitative measures used to review an organization's progress against its goals. These are
broken down and set as targets for achievement by departments and individuals. The achievement of these targets is reviewed at regular intervals.
KPIs are used to monitor the performance of a company, department, process or even an individual machine. They will also help shape the behaviors
of employees within the company.
KPIs need to be flexible and reflect the changing goals of the organization. Goals change as the organization changes in reaction to external factors
or as it gets closer to achieving its original goals.
Individual KPIs need to be ... Show more content on Helpwriting.net ...
When implementing new KPIs, having baseline data to measure improvements is very important. Progress on KPIs should be communicated at
regular times to highlight emerging trends. As these trends emerge, corrective action can be implemented in a timely fashion. KPIs need to be
communicated via multiple media.
The measures that are selected must be carefully specified to ensure they do not cause non–lean behaviors. In many cases there will need to be a
selection of measures that balance quality and quantity factors to ensure the correct behaviors are encouraged.
Listed below are some examples of the behaviors and outcomes that measure in isolation can cause.
Measure in isolation Behavior Outcome
Production output Make more Overproduction
Machine efficiency Run machine longer
Run in most efficient sequence for machine Unnecessary stock
Customer orders late
Maintenance costs Reduction in maintenance activities to reduce costs Machine breakdowns
Cash flow performance Pay suppliers as late as possible Supplier deliveries XX unreliable
Creating KPIs
KPIs must be designed for each proposed change to the production process so that:
There is a base line measurement taken to establish a starting performance standard
There are measures developed to track the team 's performance
There

Financial Data Of Theu.k London Stock Exchange
Financial Accounting 2 Assignment
Student ID: 26385554
Date: 27/11/2014
Word Count: 2937
The purpose of this report is analysing and comparing financial data of five companies in one industry sector, which are listed in the U.K London
Stock Exchange (LSE). By doing these, the business models employed are identified and evaluated, which consequently implies that the report is
reinforcing our current knowledge in accounting and in the current market. Moreover this report is assessing how could a potential investor invest 50
million pounds among these five companies.
The companies that got selected are listed in the Constructions and ... Show more content on Helpwriting.net ...
However "the constructor sector has been affected disproportionately since the recession of 2008" and the gross value added (GVA) of the sector has
been reduced from 8.9% in 2007 to 6.8% in 2011. Despite the recession in 2012, which was the third in five years, U.K's construction sector is still
one of the largest in Europe measured by employment, number of enterprises and gross value added (UK CONSTRUCTION: An economic analysis
of the sector, 2013).
Hightex Group Plc.
Starting with Hightex Group Plc., it is one of the top companies for construction and material. They are involved with projects such as building roofs
for world cup stadiums, with the most recent being the one in Brazil in 2014, where the roof was house for the final game of the tournament.
Although the company has been involved in big projects, the statement of comprehensive income shows a total loss of £1.4M (Hightex, 2013).
According to the Annual Report, the company is suffering losses because of its joint–venture project with Brazilian Companies, especially dealing
with the uncertainties revolving around trade receivables, resulting in the creation of a provision for it in the expenses, leading to bigger losses. The
directors believe that sales will increase significantly in the next two years, and will restore the company to profitability. This will be achieved with
new contracts commencing with prospective

Economic Impact Of Oil On The Nigerian Economy
ECONOMIC IMPACT OF OIL ON THE NIGERIAN ECONOMY
PAPER OUTLINE
ABSTRACT
CHAPTER 1: INTRODUCTION Objective of the study. Methodology. Structure of the paper.
CHAPTER 2: THE NIGERIAN ECONOMY: A BRIEF OVERVIEW
2.1 The Nigerian Economy.
2.2 History of Crude Oil in Nigeria.
2.3 Performance of the Oil Sector.
2.4 Contributions and Challenges of the Oil Sector.
CHAPTER 3: LITERATURE REVIEW
3.0 Overview.
3.1 Literature Review– Resource Curse
3.1.1 Are natural resources bad for development?
3.1.2 What causes the Resource Curse?
3.1.3 How can the Resource Curse be overcomed?
3.2 The Dutch Disease.
3.3 Globalization.
CHAPTER 4: EMPIRICAL ANALYSIS
4.1 Regression 1.
4.2 Regression 2.
CHAPTER 5: DISCUSSION AND CONCLUSION
5.1 Main findings.
5.2 ... Show more content on Helpwriting.net ...
Has savings grown? Is there any product diversification? And has it impacted on the country's GDP? Two hypotheses have been put in place to guide
this study.
H0: There is no statistical significance between oil and growth of the Nigerian economy.
H1: There is statistical significance between oil and the growth of the Nigerian economy.
1.2: Methodology: The methodology will be carried out using secondary data mainly from the Central Bank of Nigeria (CBN) Statistical bulletin,
the National Bureau of Statistics (NBS), the Nigerian National Petroleum Corporation (NNPC) and a few from the CIA World Fact Book, World
Development indicators (WDI) and, Organisation of Petroleum Exporting Countries (OPEC) for the period of 1980–2013. The variables to be used
include; Gross Domestic Product growth (GDP Growth), Domestic Crude Consumption, Crude Export, Manufacturing Growth, Domestic Savings,
Export Growth, Foreign Direct Investment (FDI) Net Inflows and Agricultural Growth. They will be assessed in two sets with different dependent
and explanatory variables: GDP growth to Crude Export, Domestic Crude Consumption, Manufacturing Growth, Gross Domestic Savings, Export
Growth and Foreign Direct Investment Net Inflows.
GDPgrowth= F (CRUDEconsump, CRUDExport, MANUgrowth, GDsaving, EXgrowth, FDInetINFLOWS) Domestic savings to Crude Export,
Domestic Crude Consumption, Manufacturing Growth and Agricultural Growth.
GDsaving= F

How To Write A Final Report Stagler Accounting
Bachelor of Business
477810
CO–OPERATIVE EDUCATION Semester 1, 2014– Intake 2 FINAL REPORT
Student Name: Kumuthapriya– Subramaniyam
Major: Accounting Student ID: 0186498
CP Organisation : Stagler Limited Accountants CP Supervisor: Maqbool Ahmed
Workshop Supervisor: Kathy Slater Academic Supervisor: Ranjit Singh
CP Job title: Trainee Assistance Accountant
Word counts:
Executive summary
Overview of the report
The final report is the last part of my co–op assessment. Now that I have complete my placement at stagler accounting as a trainee assistant I have to
reflect my workplace experience in this report by include the six learning goals in the degree of my BBus. Be knowledgeable in the major field of
study, Be critical enquirers and problem solvers internally and externally, Be able to think act ethically, Be able to work collaboratively are the six
goals.
Moreover the report include two parts one is my reflection of the learning goals and other one is the essay. In the first part I have identify which way
I have gain progress regarding the learning goals. Also how I related my education from AUT to workplace during the placement. In the second part
of the report include an essay which is "Critically reflect on the arguments as to why a code of ethics is essential to support the regulation of the
accounting profession in New Zealand". First

The Roots Of Higher Education
Part 1: An explanatory case
The roots of higher education in Plymouth may be traced back 200 years. The early nineteen century saw the first of a series of self–help adult
educational movements sweep Britain, which led to the establishment of Mechanics Institutes in Plymouth and Devonport in 1825. Classes aided by
the Government's Department of Science and Art were first held in Plymouth in the 1850s (Art) and 1860s (Science), and it were these, with
University Extension which eventually came together in the 1890s/1900s in Plymouth's first technical college buildings, later forming the Plymouth
and Devonport Technical College out of which the University of Plymouth would emerge.
Plymouth University located in Plymouth, southwest ... Show more content on Helpwriting.net ...
Times Higher Education's World University Rakings use a trusted rang of 13 performance indicators, and our performance reflects that the
University is well and truly on the global map for higher education, and among a new breed of modern elite universities. Moreover, it is the overall
sector leader in the People & Planet Green League.
In 2012, Plymouth University was the first university in the world to be awarded the Social Enterprise Mark in recognition of working as a genuine
social enterprise, caring for communities and protecting the planet. The award was announced by the Social Enterprise Mark company, which
provides the only officially–defined registration for social enterprise.
Plymouth university is a world–class centre for marine renewables and host one of the largest marine institutes in the Europe, with the
BREEAM(Building Research Establishment Environment Assessment Methodology) Excellent rated Marine Building opening in 2012. The Marine
Institute has attracted £16.3 million per annum in marine–related teaching income £5.5 million per annum research income and represents a £12.8
million gross value added for the city.
It is going through times of great change in the higher education sector through: the introduction of higher fees in 2012; changing student
demographics and expectations; new

Japan And Its Impact On Japan
Our company is now in their fifth year of business, and we want to market our product which happens to be the Naim Mu–so QB, which is a music
player. The country I and my company choose to sell our product to the country Japan. We base our choice for the pure reason that Japan is a great
country to export to and receive good profit in return. Japan as a whole is a very technological country so it won't be added to them have something
of great value. The music in Japan is very electric and diverse. People there are also very into music, they even have a global activity originated in
Japan, which is called Karaoke. This activity is played everywhere. Of course, if we want to export to Japan, looking at the Gross Domestic Product
is one of the key features in any profit making decision. According to Japan Demographics the GDP in Japan is taped at 4.92 trillion dollars, which
is by the way third largest in the world. Since, their GDP is at that amount their GDP per capita is at 33,633.71 per person. These facts show there's a
great possibility the people living in Japan will most likely be able to buy our music player. The population in any country does play a role in
whether it's a good place to sell to because, of that country needs great amount of people willing to buy the seller 's product. According to the Japan
Demographics, Japan's population stands at 127 million people so they have a lot of people to sell to. According Japan's Unemployment Rate, the
unemployment rate

The Industrialization Of The World Trade Markets Essay
intro Before the 1900s Latin America began to strengthen their economy by means of industrialization. In doing this they developing railroads,
roads, and port facilities which increased trade and profits. Because of these advancements, they were able to participate in the world trade markets.
Some larger countries such as Brazil and Argentina grew exponentially by trading there products (coffee and wheat). After the World Wars, trade
declined in world markets and Latin American governments found it necessary to practice Import Substitution Industrialization (ISI). ISI is the
creation of domestic industry to provide products previously imported. ISI was Latin America's principle method in achieving economic growth.
Though the ISI was not successful in Latin America, it was victorious in Brazil– raising Brazil from a third–world country to first world status.
During the early stages of Industrialization, Brazil's earnings from traditional exports of goods were declining. According to____, shows the
importance of various merchandise in the world trade markets. It's concluded that the importance of food products and agriculture have declined.
Also with the decline in world trade, like the rest of Latin America, Brazil's policy makers agreed that ISI was necessary for economic growth.
Following the WW there was an industrialization spurt which called for new policies. Some policies that were formed were import licensing system,
multiple exchange rate system, and modified system.

Fashion Industry Research Paper
Employment
In the fashion industry, there are those who work in the manufacturing sector and others in the retail sector of the industry. The UK fashion and
textile sectors take in an estimated 600000 people and this make the United Kingdom one of the largest fashion employers in Europe.Education
Fashion education is one of the most important factors in maintaining the UK's status as one of the major fashion industries in the world. Its
contribution to the economy is measured in the wages and salaries of the staff involved in teaching fashion related courses in UK institutions.
According to the Higher Education Statistics Agency, 60285 students studied design courses with 2565 staff; the design courses also encompass
courses such as furnishing and multimedia design. It is estimated that 9275 out of the students undertook a fashion course. The academic wages
amounted to £16million, which created 395 jobs.
Creative Activities
This involves work carried out by fashion photographers, creative directors, stylists and makeup and hair artists. The ONS Annual Survey of Hours
and Earnings indicates that the gross salary for photographers in 2009 was £26,301. This suggests that the value added of UK photographers is about
£5million, which created 207 jobs. Although there was no grouping available for other careers in this pathway such as fashion consultants, it is
assumed that its value to the economy is alike to that of fashion photographers.
Marketing
In the fashion world,

Arrow Electronics: Gaining New Business
RECOMMENDATION The entrance of Express Parts in the electronics components distribution market threatens to abruptly change the flow of the
channel operations that Arrow electronics is used to. Arrow is faced with a tough, time–constrained decision of making a choice – Should it
incorporate Express in it's distribution channel or not? After a careful examination of the market dynamics that Arrow electronics operates under, it
is my recommendation that Arrow Electronics take the following course of action 1. If possible, devise the Express Parts Internet distribution service
for the market segment of X86 only and maintain the traditional Arrow style of distribution system for the rest of the markets. If that is not possible,
decline ... Show more content on Helpwriting.net ...
3. Express exists only in response to demand. They cannot create demand as they lack any kind of personal contacts with the end–customer. It is
very likely that the service that Excel offers ends up as a bargaining portal for transactional customers for BAS products. From Exhibit 4 (case), it is
clear that the trend shows VA sales as taking a great majority of sales in the coming years. VA sales are immune to the Express effect. This makes
Express less important to Arrow's future. 4. It is clear that the factor that feeds and perpetuates the channel existence is the symbiosis in between
Arrow, it's suppliers and customers. Arrow adds value to the suppliers by carrying inventory, paying the bills and ensuring sufficient volume. The
suppliers all have a vested interest in ensuring stable prices through the channel, keeping track of who uses the products and wanting their
distributors to perform value–added services. Similarly the customers would still want Arrow to provide parts in small volume with less lead and
assemble full kits so that the production lines can run without interruption. The addition of Express in the channel makes Arrow less attractive and
major suppliers may very well disfranchise Arrow. Similarly, signing on with Express would make Arrow's sales force lose their "quality of service
and personal contact" trump–card with their customers. 5. At the time of the case discussion, the Internet was still

The Value And Cost Benefits
1. In Part 1, The Company, Red Jett Sweets lists six "Ingredients for Success" (p. 251). For each ingredient, designate it as either a cost benefit or as
a value benefit and discuss your reason for your designations. Support your answer with concepts from the text covering value and cost benefits.
The textbook describes a value benefit as a characteristic related to the nature of the product or service itself. Things like quality, fashion, and
reputation are elements that give a product or service value in the eyes of the customer and a cost benefit refers to the ways by which a firm can keep
costs low for the customer (Katz, J., & Green, R. 2014 pg.195).
Mobile Cupcakery is a cost benefit since the use of the food truck saves money by not incurring the expense for a brick and mortar store, and since
the truck is mobile; it will also make the deliveries on route to its sales locations which eliminates the need for a separate delivery vehicle.
Just Cupcakes is primarily a cost benefit, limiting Red Jett to a single product reduces inventory and the need for more equipment which would drive
the cost of the cupcakes up. However this single product concept this can also be considered and value benefit by creating a clear brand identity.
Top Quality is a value benefit, the use high–quality ingredients to make cupcakes from scratch gives consumers the appearance of a higher class
product that is worth paying a premium for. Shipping is a value benefit not offered by many

Describe The Importance Of Needs In Travel And Tourism
4.2.1 Introduction
Needs are the basic human requirements like food, clothing and shelter. Fulfilment of these needs are critical for the survival of human beings. Just
like humans have needs, organisations have needs as well, to ensure they survive in the market and achieve their targets.
Want is the desire for a product or a service that is not necessary, which the customer wishes for. Wants are influenced by social factors, cultural
factors and by an individual's personality. They are aimed towards specific objects and acquiring these objects will fulfil the organisation's needs.
In the Travel & Tourism industry the success rate of the business depends on the quality of service and whether the customers are satisfied by the
services ... Show more content on Helpwriting.net ...
The demand of services in the travel and tourism sector is increasing from years and they are met with the methods opted by the organisations for
their firms to reach new heights.
Service is one of the most valuable and imperative factors in the travel and tourism industry. It is very important for firms to know what their
consumers want and need. Consumer insight is a deep understanding of a consumer's need and behaviour. This helps marketers of various
organisations to identify how they can meet the consumer needs, thereby increasing the consumer value.
Nowadays, travel is not limited for folks, who can afford to travel, it's for the normal man as well, who fantasizes about travelling to exotic places.
Therefore, anyone can travel if they opt the right services. If there is no importance given to the services offered, any organisation, there is no value
to the services that are provided. This also makes the customers doubtful of choosing the specific organisation for their services. Without any value
added to the services, there is no point for any organisation to provide any service to the

Application Of The Traditional Enterprise Architecture Essay
The traditional enterprise architecture, is currently using MPLS as a sole mean for connectivity with small internet traffic. Due to recent shifts in the
marketplace the traditional architecture is challenging to satisfy todays enterprise environments.
The shift includes emerging technologies that require emerging cloud computing, video and technologies. Networking departments face a challenge
with organization and resulting in performance issues, requiring extensive network re–design.
Managed Software Defined SD WAN will sort out the disruption that organization experience with Application Aware Routing. Application Aware
Routing (AAR) is a better way to cloud application. AAR is a network capability that can match requirements and meet network conditions.
Network Hybrid functions could allow predictability, quality services and reduce cost. Running an application over a private network vs. the internet
may be undistinguishable World Wide.
Current Availability SD–WAN app is available to customers within the US with Cisco and Viptela platforms. Gathering our SA's and Account
Managers assessing the opportunities alongside with SD–WAN. Completing a competitive analysis will provide insight between Verizon's capability
to meet customers' needs against our competitors. Sales, Management and Architects begin collaboration with engineers to understand the aspects of
the development and implementation with large projects.
1.2. Anticipated Outcome
Verizon has to

Fundamentals Of Macroeconomics Paper
Fundamentals of Macroeconomics
Fundamentals of Macroeconomics
Stafford M. McClendon
ECO372
University of Phoenix Online
Part 1
Describe the following terms in your word.
Gross domestic product (GDP) The Market value or measure of how strong a countries economy is. Also a measure of the dollar value or goods
produced at a given time period.
Real GDP Real GDP represents the actual dollar value exercised for constant change. Market values change rapidly and often, the real GDP is shows
the value as it changes.
Nominal GDP Nominal GDP is a measure of how strong the dollar value, but because inflation has not been accounted for the figures are sometimes
... Show more content on Helpwriting.net ...
The low production means prices go up because of low quantity. When prices go up consumers and retailers are affected because it becomes a trickle
affect, from the retailer down to the consumer and the savings they usually get goes out the window. It also affects households because when the
prices go up leaving less money for other activities such as outings or family fun activities. It affects decreased taxes to help lower prices to drive the
demand back up because if people cannot afford the higher prices, placing smaller taxes upon them would drive the demand back up, thus increasing
the demand and the supply. The massive layoff of employees affects everything. If people do not have jobs they cannot afford anything because they
do not have money to buy products. Layoffs affect home because it becomes stressful upon marriages and households in general. No job you cannot
afford to pay bills, buy food, put gas in vehicles to look for work, mowing the lawn. Layoffs make people do unjust deeds, such as stealing from the
consumers they normally would not have an issue purchasing the products. No power or electricity in the homes means any lights to see. Layoffs
mean no water to take a bath, water the lawn or plants. Layoffs affect the government because it means less taxes being paid. When people are
working the economy becomes stronger because people can go out and make

Macroeconomics
––––––––––––––––––––––––––––––––––––––––––––––––– Page 124 Check Your Understanding 3. Describe the circular flow diagram. Why must
all income equal spending in the economy? The circular flow diagram is a representation of how businesses and households network amongst one
another through the product and resource markets. Households supply labor to the resource market. In turn, businesses use this labor to produce
goods and services that are provided to the product market. Overall, products will soon be purchased back by consumers and returning to
households. The clockwise arrow is to show the movement of real items such as, hours worked and so on. The counterclockwise arrow is to show
the movement of money. The reason that ... Show more content on Helpwriting.net ...
In other words, GDP only counts current production costs. 5. List the four components of GDP. Give an example of each. The list of four
components of GDP would be: consumption: such as the purchase of a novel or book investment: such as the purchase of an computer government:
purchases, such as an order for military weapons net exports: such as Canada purchasing gasoline from other countries.
––––––––––––––––––––––––––––––––––––––––––––––––– Page 510 – con't 6. Why do economists use real GDP rather than nominal GDP to
gauge economic well–being? With nominal GDP also including increase in output caused by price changes, it is not comparable year to year. When
inflation is removed or having real GDP computed, economists can see the overall changes that are made in economy concerning goods and
services. ––––––––––––––––––––––––––––––––––––––––––––––––– Page 510 – con't 7. In the year 2010, the economy produces 100 loaves of
bread that sell at $2 each. In the year 2011, the economy produces 200 loaves of bread that sells at $3 each. Calculate nominal GDP, Calculate the
real GDP and the GDP deflator for each year. (Use 2010 as the base year.) By what percentage does each of these three statistics rise from one year
to the next? ii. The percentage change in nominal GDP is (600 − 200) /200 x 100 = 200%. The percentage change in real GDP is (400 − 200) /200 x
100 = 100%. The percentage change in the

Economics For Business Administration : Economics
Richmond The American International University in London School of Business and Economics Master in Business Administration ENT7100
Economics for Business Assignment 1 "The GDP is an appropriate measure of economic activity and wealth." David Longbottom 000055846
November 2014 Table of Contents Executive Summary 4 1.0 Background 5 1.1. Macroeconomic Issues and Policy Objectives 5 1.2 Circular Flow
of Income 7 2.0 Analysis 8 2.1 Measures for National Income and Output 8 2.2 How is GDP Calculated? 12 2.3 Arguments for GDP 13 2.4
Arguments against GDP 14 2.5 Comparative Case Studies 15 3.0 Conclusions 17 3.1 Modern Thinking 17 3.2 Summary 17 4.0 Bibliography 18 3.1
eBooks 18 3.2 Websites 18 ... Show more content on Helpwriting.net ...
The assignment includes: Major economic issues and government policy objectives Measures for national income and output Arguments for GDP as
an appropriate measure Arguments against GDP as an appropriate measure Comparative case studies Conclusions and summary of alternatives The
assignment focuses on United Kingdom [UK] GDP in comparison to major European Union [EU] countries, the United States [US] and the rest of
the World. 1.0 Background 1.1. Macroeconomic Issues and Policy Objectives Major issues that change depending on the nature of the economy are:
Economic growth Unemployment Inflation Balance of payments and exchange rate Governments aim to achieve steady economic growth that can
be sustained over a long period of time. The rate of economic growth is defined as the percentage increase in national output over a 12 month
period1. It is important growth is monitored and controlled to prevent the risk of recession. An economy is determined to be in recession if two
successive quarters of negative economic growth are reported, as measured by GDP7. There are large differences in growth rate between individual
countries over different periods (Figure 1). Governments also aim to control inefficiencies within the economy by reducing unemployment, keeping
inflation low and avoiding balance of payment or exchange rate problems. High unemployment is considered a waste of

Value Chain
Value Chain as a Company Strategy
Introduction
Now a day, many companies are trying to improve their value chain in order to use the value chain as a strategy in the manner of meeting the
customers need and satisfaction. One of the strategies they are using with value chain is to gain competitive advantages for rival among their
competitors. Value chain actually can discover and fulfil what customers want and the identification of customer needs will hence become one of the
ways to surpass their competitors in term of competitive advantages. Customers can have the best satisfaction of the things that they really want, at
an acceptable price level. In other words, a company overall competitive advantage derives from the difference between ... Show more content on
Helpwriting.net ...
We must link out all the related processes and study the cost by using activities based analysis in order to find where is the highest cost allocate and
what drive the process in high cost. After understand all the costs, we can easily develop strategy for competitive advantages. Internal Differential
Analysis For the firms that require the competitive advantage in differential of product, the analysis is required to identify opportunities in order to
sustain in differential of products. Firstly, they must take into concern about the customer's value created processes such as in what section they are
involved and evaluate the strategies of enhancing customer's value such as product features, price, services, brand positioning and others. For a firm
to achieve superior differentiation, it must utilize the best mix of resources in creating value for its customers. In order to prioritize its processes as
sources of differentiation, a company must determine what attributes of each process enhance customer value. By studying the customers value
activity in related processes, we can understand the customer value and hence will come out a differential product that may follow the degree of
customers are willing to pay. We can either sell the differential product in premium price and can sell it in reasonable price but premium products in
order to retain the market shareholder.
Vertical Linkage Analysis
After that, the

Essay about Herman Miller
HERMAN MILLER 1. Describe Herman Miller's strategy. Is there evidence it has produced a competitive advantage and good financial
performance? Explain. They focus on a growth strategy, through innovative products and production processes. Reinvention and renewal. They
survived the Great Depression and multiple recessions, recovered from the dot–com bust and were able to continue expanding overseas. They
adapted to save the company, by introducing new designs. In 1996, Herman Miller began an aggressive drive to reinvent its operations and
established a fruitful relationship with the Toyota Supplier Support Center. Unique to the office furniture industry, the relationship enabled the
company to adopt and implement world–class, lean ... Show more content on Helpwriting.net ...
How have the company's values shaped its strategy and approach to strategy execution? Provide illustrations of how these values are reflected in
company policies. They treat all workers as individuals with special talent and potential. They respect all employees, which fuelled the quest to tap
the diversity of gifts and skills held by all, in an environment where people felt comfortable taking risks. In 1950, developed a Scanlon Plan
(productivity incentive plan), which reflects values, equity and justice for everyone in the company. Employees felt empowered a new manager took
his safety glasses off and an employee yelled at him to put his safety glasses back on. The company's beliefs were also reinforced through the
employee gift committee and environment quality action team, which distributed funds and other resources based on employee involvement. They
became a responsible corporate citizen through minimizing their waste which was both environmentally friendly and cost–effective. Shared gains
and pains. Top executives took 10% pay cuts consecutively to avoid letting staff go, received less than competing firms top executives, which shows
their commitment to the "team". They have committees for sharing ideas on improvements and how to increase profitability. Even through project
purple, one out 1000 companies would do that, increasing spending for the sake of tomorrow while cutting back to

Chile 's Economic Impact On The Philippines Essay
Chile's economy is based strongly on the importance of the tertiary sector because of the services they offer. Before Chile realized the importance of
their services, Chile was very restricted. When Chile realized that they had a lot to offer, such as aeronautical services, retail stores, construction
services, education, health, and tourism. Tourism is a big part of what brings in Chile's income. Chile has also been working hard to get other
companies to go to Chile and start their industries. Chile has become a very stable and prosperous nation because of its many attributes.
Because of Chile's growing environment, tourism has gone up; therefore Chile has put more importance on the Service sector (Tertiary Sector).
Tertiary sector is
Chile is a South American country located between the Andes and the North Pacific Ocean. Because it is the longest north south country in the
world, it is located in the Pacific Ring of Fire as well. Chile's capital is Santiago. Because it is has a very long coastline, the weather in Chile is
always changing. It is said that winter is from June to August and summer is from December to February. The Atacama desert is in the northern part
of Chile and is where most of the mining takes place. This is where the two–thirds of the population reside. Because of Chile's forested land, some
agriculture also takes place but tourism stands out the most.
In the past, Chile's economy did very bad and was mostly based on agriculture and war. This was

Arrow Electronics: An Overview Of Arrow Electronics
Arrow Electronics was founded in the early 1935 and grown to the number two position as a retailer of radio equipment by 1980. Arrow Electronics
is broad–line distributor of electronic parts, including semiconductors and passive components. In 1982 Stephan Kaufman became a president of the
company, couple years later and CEO. Then Arrow Electronics started to climb, reaching the number one position among electronics distributors by
1992. One of the Arrow's five operating groups and the largest, was Arrow/Schweber. This group sells semiconductors to different customers' bases,
such as Original Equipment Manufacturers (OEM) and Contract Manufacturers (CM). They sell one third of all Arrow Electronics' total sales (2.07
billion dollars of 6.5 billion dollars).
Arrow ... Show more content on Helpwriting.net ...
The disadvantages to corporate with Express:
Distributor as the OEM's may use the web site as a shopping portal for the lowest price that distributors are able to offer. In turn, this would cut
down Arrow's profit as in intermediary and cut the value proposition that Arrow Electronics provides its customers.
Makes Arrow Electronics less attractive to major suppliers causing them to disfranchise Arrow.
May hurt Arrow Electronics by possibly making its current sales force lose their personal contact and quality of service which has been established
with the customers.
Pay 6% sales of each order as a fee. It makes the distributors margin became lower. So the Arrow Electronics then had to increase the price of the
products to keep the balance. If they do so, might lose some market share.
May loose growth in relational customers.
3. Let's say Arrow corporate with Express, the gross total margins would decrease from 16.29% to 15.5% in optimistic scenario, and to 14% in
pessimistic scenario (Exhibit 1). With expenses currently at 11%, a 22.5% decrease in Arrow's operating profits would occur, which Express would
have a difficult time making up

The Level Of Concentration Is High
With my research I found that the level of concentration is high enough to suggest that some markets within the construction industry can be
considered oligopolistic. It is important to remember that the market structure is only one characteristic of various factors which affects the
performance of firms concerned. My research found that within the Materials and components grouping 13/24 markets are oligopolistic. 2/9 is
oligopolistic within the Professional consultancy, 2/11 within Plant and equipment and 6/10 in the Energy and supplies group. This helps me to
conclude my thoughts in that the level of concentration is high enough to suggest that some markets within the construction industry can be
considered oligopolistic. Commercial confidentiality has been a factor in my research as it has prevented me from gaining full access and data
required to fully investigate the matter at hand. Therefore some information for certain groupings has been withheld to prevent commercially
sensitive data collected by the ONS to be made available to competitors. When this occurs, it is usually a taken as the market being fairly
concentrated. There are some obvious irregularities such as 'Agriculture' which is listed as 'not available' regardless of the fact that it is included
within the list of 10 least concentrated sectors. Within the Materials and components group, concrete and stone products are seen to be the largest
single sector which is supplying materials to construction.

The Globalization Of The Economy
The globalization of the economy encourages organizations to achieve greater market coverage, which allows companies to define or redefine its
strategic posture. Thus, there have been so intense outsourcing processes that enable organizations to address the new challenges and therefore,
organizations must develop skills and abilities that enable them to cope with the demands from the environment.
Knowledge and analysis of the internal part of the organization and his environment arise the strategic lines that must be converted into actions to
develop advantages and create greater value to what they do. A strategic outsourcing option is a long–term process, where the commitment of
contractors should encourage financing training and technical assistance to subcontractors for this to have greater chance of success.
Over the past 3 decades, China has experienced unprecedented growth, both because of its speed and its scope. It has established itself as the world
's factory and supply base favorite for companies that want to reduce costs. The country offers competitive products and services to a wide variety of
sectors, thanks to its numerous facilities and specialized industrial clusters, to its abundant skilled labor at low cost and to important incentives of the
Government.
But producing on another continent and Chinese suppliers, it remains complex. Gradually, costs of the country are reaching close to the rest of the
world levels; related scandals abound; the low quality of

Starbucks
1 Introduction 1.1 Purpose of report
The economic impact of Starbucks on the UK economy
June 2013
The objective of this report is to investigate the economic contribution of Starbucks to the UK economy.
This contribution is quantified in terms of impacts from:
 The operation of Starbucks in the UK;  The supply chain effects created by Starbucks purchases of inputs from elsewhere in the UK economy.
 The consumer expenditure of Starbucks' staff and those employed directly in its supply chain spending their wage income.
The report also discusses aspects of Starbucks UK operations that are likely to play a more diffuse role in supporting the performance of the overall
economy and the localities in which Starbucks has a presence. ... Show more content on Helpwriting.net ...
1.3 An introduction to economic impact analysis
A standard economic impact assessment identifies three channels of impact that stem from an activity:
 The direct effect encompasses the economic activity generated at Starbucks stores' and other operational locations in the UK.
 The indirect effect encapsulates the activity supported in Starbucks' UK–based supply chain as a result of its procurement of inputs of goods and
services. It should be noted that this supply chain impact relates to current expenditures only. In Starbucks case this channel of impact includes the
supply chain behind the operation of its outlets in the UK, plus the inputs UK suppliers sell into other parts of Starbucks' global business.
 The induced effect captures the impact of staff employed as a part of the direct and indirect effects spending their wages. This supports activity at
the retail and leisure outlets they visit and their supply chains.
1.4 The metrics of economic impact
In accordance with standard economic impact assessments, the scale of Starbucks' impact is measured using two key metrics:
 Gross value added – Gross value added (GVA) is the contribution an institution, company or industry makes to Gross Domestic Product (GDP).1
GVA is most simply understood as turnover (i.e. value of sales) minus the cost of bought–in goods and services used up in the production process.


Dore Dore Case Study
*Q1.* Evaluate the changes Dore–Dore made in its children's knitwear division. How does the traditional operation & cellular manufacturing system
differ? Solution: * {draw:g} CHILDREN KNITWEAR TRA*DITIONAL SETUP (PRODUCT –FOCUSED LAYOUT) {draw:frame} {draw:g}
CHILDREN KNITWEAR CELLULAR SETUP (PROCESS– FOCUSED LAYOUT) {draw:frame} {draw:frame} *Q2. What is Dore–Dore's
motivation of converting to cells? Should the company continue with the plan for complete implementation of cells in children knitwear? *If not,
which* knitwear products *(if* any) *should be manufactured in cells? Solution: The various reasons which motivated Dore – Dore to convert to
cells are as follows: The high discrepancy between the actual ... Show more content on Helpwriting.net ...
Once processing begins, they move directly from process to process (or sit in mini–queues). The result is very fast throughput. Communication is
easy since every operator is close to the others. This improves quality and coordination. Simplicity is an underlying theme throughout cellular
design. Considering the above stated features of the cell, the following conversion plan of the Sewing Department can be considered: Shorts and
Trousers can be produced together in a common cell as they have the same basic operations. Skirts have the least no. of sewing operations so they
can be produced in an individual cell. Sweaters also have simple sewing operations, so they can be produced in an individual cell. Also the
Sweatshirt style which has sewing operations similar to sweaters can be produced in the same cell. T–shirts can also be produced in individual cells
Both Sweatshirts and dresses can have a variety of styles (and high demand, as the demand for fashionable garments is more), so it is better to
produce both of these products on the traditional line. {draw:frame} {draw:frame} {draw:frame} {draw:frame} {draw:frame} EVALUATION OF
PLAN FOR COMPLETE IMPLEMENTATION OF CELLS IN CHILDREN KNITWEAR: Knitting Department: {text:list–item} {text:list–item}

German Economy Essay
Economics
The German economy is the largest in Europe and worldwide Germany has the fifth largest economy ("World fact book", n.d.). It is clear that the
German economy holds a key position in the world marketplace. Gross domestic product (GDP) growth is an important consideration for foreign
investment as it speaks to the overall health of an economy. GDP growth can be attributed to spending and investments both on and from imports
and exports ("What is GDP", 2005). In 2014 the reported GDP growth rate in Germany was 1.4%, up .9 % from the prior year ("World fact book"
n.d.). The Eurozone was deeply affected by a recession stemming from the US and made worse by poor economic conditions in Greece and Spain,
among other countries in ... Show more content on Helpwriting.net ...
In 2014 trade as share of GDP was 70.8 percent, down less than three percent from the two years prior ("Merchandise trade", n.d.). This is one of
those areas in which only time will tell whether Germany will continue to prosper and be the financial backbone of the Eurozone.
GDP per capita is also an important indicator of economic health. GDP per capita takes the total output of a country and divides it by the number of
people in a countries population; this indicated the buying power of individuals. GDP per capita in Germany as reported for 2014 was slightly over
47,000 USD ("Countries with the largest", n.d.). Looking at GDP per capita when compared to other countries in the Eurozone Germany is not
fairing so well. Luxembourg leads the world wide GDP per capita and that of the Eurozone with a high rate of 116,750 USD ("Countries with the
largest", n.d.). Worldwide Germany ranks 16th in the Eurozone, Germany was beat out by Austria, Finland, Ireland, Luxembourg and the
Netherlands in GDP per capita ("Countries with the largest", n.d.). While the GDP per capita rate in Germany is stronger than many other countries
it is not competitive with other countries which have economies comparable in size to Germany nor economies centrally located in the Eurozone.
A low inflation rate averaging .91 percent for 2014 should help to increase purchases in Germany. This is because consumers can get more for the

Pennsylvania Gdp Analysis
The Gross State Product for the state of Pennsylvania is defined as a measurement of the economic output of a state or province. It is the sum of all
value added from industries within the state and serves as a counterpart to the nation's gross domestic product. The State of Pennsylvania has a GSP
of 632,647 all industries as reported in chained dollars. The top 5 contributors to this total are private industries contributing a total of $570,725
followed by real estate and rental and leasing with $80,848, manufacturing with $76,637, healthcare and social assistance contributing $60,899, and
professional, scientific, and technical services contributing $45,649. The state of Pennsylvania had a compound annual growth rate for Q12015 –
Q12016 ... Show more content on Helpwriting.net ...
The Level of the current labor force for Pennsylvania based on August 2016(P) data was 6515123, the employment number based on August
2016(P) was 6145408, the unemployment number based on August 2016(P) was 369715, and the unemployment rate for August 2016(P) was 5.7.
Please note that this data is preliminary and does not reflect revised population controls, model re estimation and new seasonal adjustments. The 1
year change in the labor force for August 2105 versus August 2106 is 1.3% with a 16.32% change in the unemployment rate. According to the BLS,
current population survey the unemployment rate increased 0.1% in August of 2016 raising the rate to 5.7%. Looking at the unemployment rate for
August 2105 as compared to the rate in August 2016 the unemployment rate increased from 4.9% in 2015 to 5.7% in 2016 a rate increase of 14%.
When you compare Pennsylvania's unemployment rate to other states in the nation, Pennsylvania ranks 42 out of 51 state, therefore it does have one
of the highest unemployment rates in the country. I feel that the reason that the unemployment rate in Pennsylvania is higher than other states is
because the state has had more people entering the workforce and that increase has continued to outpace the number of new jobs that are available
throughout the

The Effects Of Television And Streaming Services On The...
Essay – The future of the Film and Television industry with the effect of pay–tv and streaming services
Since the 1950's the use of new technologies in the Film and Television industry has increased dramatically. From the equipment used to create the
moving pictures, the technology we use to view these scenes and the techniques used to capture or produce the animated films and live shots,
technology is forever expanding and growing. The Film and Television industry is a major contributor to the Australian economy, directly
contributing $5.8 billion to Australia's GPD (Gross Domestic Product). In this essay I will discuss the positive and negative effects of paid television
and streaming services on the industry and whether those effects will be positive for the industry's future. The key features I will be looking at are;
The contribution made by the industry, directly and indirectly, to the economy, by looking at the value added by the output of goods and services in
the sectors of exhibition, free–to–air, pay–tv, retail, online and the introduction of streaming services. Also touching on which sub sectors are rising
and which of those are declining.
The impacts on the Film and Television industry by discussing the positive and negative socio–economic effects of streaming services and pay–tv on
sectors such as retail, exhibition and free–to–air television.
Summarise the future of the sectors of free–to–air television, retail and exhibition due to the rise of

Australia And China Economic Growth And Quality Of Life,...
Australia and China
Introduction:
Today I 'm going to be comparing and contrasting Australia to China economy by economic growth and quality of life, employment, and
unemployment, distribution of income and environmental sustainability.
China economy started at 1978, the first economic growth reforms in 1979, the average annual Gross Domestic Product or for short GDP growth
rate in China was about 5.3% from 1960–1978. China 's economy was mainly widespread of poverty, very low–income inequalities.The average
national life expectancy has more than triple, rising thirty–two years in 1949 to sixty–nine years in 1985.
Australia's growth rate 0.6% for 2016 and the poverty is actually growing in Australia estimate 2.5 million people or 13.9% of all people living
below the standards.The average wage in Australia in November 2013 was $57,980.The average full–time wage is $74,724.Average weekly earnings
are $1,1462 in 3 death occurred among people aged 75.74% were mortality 1907 and 3 in 10 death were from disease 2013.4 in 5 natural
causes.Also, 3.6 was the number of infant deaths per 1 thousand live births in Australia in 2013.
One of the hallmarks of china's socialist economy made a statement promise of employment to all and job–security with virtually lifelong
tenure.They were overstaffed to fulfilling socialist goals and job–security lower the workers 'motivation to work.This socialist policy was called the
iron rice bowl.China's employed labor force is rarely over 800

Macroeconomics
croecon [pic] Introduction to Economics EF 110 Take home exercise Due date: Wednesday 27th April 6pm 2011 This assignment must be submitted
via moodle EF110 homepage. This assignment accounts for 10% of the final module grade Answer all questions. Marks awarded for each question
can be clearly seen. This is an individual test and while it is expected that you may consult notes, etc, the final work shown should be your work
alone. Your signature below will be taken as fulfilling the usual declaration that what is shown on the following pages is your own work and not the
work of others. |Student Name: |David Fogarty | ... Show more content on Helpwriting.net ...
( 10 marks) PART B From the following data, calculate the equilibrium national income Consumption function is represented by C= A+B(Yd)
Where C= consumption component of GDP A= autonomous component of consumption function B= marginal propensity to consume (MPC) from
disposable income Yd = disposable income If B= 0.8 and A= 40 And I=50, G=80, X=40, M=30, (Exogenous) Tax (T) =30% WHAT IS
EQUIIBRIUM NATIONAL INCOME? (50 marks) Part A (i) Expenditure Method– Sales to Consumers total

Infosys Consulting Essay
Will Infosys Consulting be able to change the "rules of the game" in the consulting industry?
ICI's new rules of the game (1–1–3 model)
Infosys consulting has come up with an innovative way of performing business process consulting operations. They are calling their model as 1–1–3
model based on the allocation of resources for particular project. This model could be summarized in the below diagram with the significance of the
new approach highlighted in the purple callout (case p9):
The value of this model comes from allotment of the task between onsite and offshore teams and hence making the most of the time differences and
wage differenced to accomplish maximum work at minimum cost and time. The differentiating factors of this ... Show more content on
Helpwriting.net ...
Additionally due to frequent client interaction and innovative employee reward program tied to value addition for client had ended up in being both
client and employee more satisfied with ICI. So eventually all the companies in business process consulting will have to change their operations to
this model to remain competitive. So, Infosys consulting is certainly in the process of changing the rules of the game in consulting industry.
Advantages and disadvantages of the model and base in India
Advantages:
Infosys, having based in India, has effectively capitalized on institutional voids in factor market (HBR article 9–703–431) in this model by:
Exploiting its understanding of variable talent pool in India and using them effectively for providing world class software solutions
Exploiting its experience in onsite–offshore model software development process
Effectively applying the matrix quality measurement structure to this model to measure the performance of every deliverable and hence increasing
the quality of product with each project
Clearly Infosys is able to exploit its position of base in India. Apart from the capitalizing on institutional voids in factor market of India, Infosys has
gained additional advantages of the geographical locations of its base. 1–1–3 model can effectively work day and night due to time difference
between US and India. Having design team (ICI

Corporate Training Evaluation Process Opportunity
Section I – Corporate Training Evaluation Process Opportunity The financial retirement industry relies on the professional education level of their
employees to offer effective and efficient assistance to its clients with an ethical responsibility of accurate and complete financial reporting (Arthur,
Wolfe, & Staley, 2005). This requires a significant amount of training to become proficient with the systems and very knowledgeable of the
guidelines and rules associated with transactional changes that are allowed that must also extend to leadership proficiency and growth (Arthur,
Wolfe, & Staley, 2005). According to Gomez (2003), evaluations of corporate training programs within the financial recordkeeping industry focus
on participant reactions and the attainment of the training objective with little to no evaluation of changes to on–the–job performances or
organizational improvements. A truly effective evaluation program has an ethical responsibility to address the seven main codes of ethics which
includes accountability, conflict of interest, disclosure, integrity, personal conduct, protection of privacy, and social responsibility (Chow, 2001). The
need to be competitive to survive is just as important as the ethical responsibility of the organization. According to Peak (as cited in Savery & Luks,
2004), "research shows that there is a distinct correlation between increased training budgets and improved productivity and operating profits
reinforcing the "common wisdom"

How Can Resourcing and Development Add Value to the Modern...
"How can Resourcing and Development add value to the modern workplace?" Table of content 1
Introduction....................................................................................... ..3 1.1 Company background........................................................................3 1.2
Purpose, Value and Principle..............................................................................3 1.3
Awards.....................................................................................................................4–5 1.4 Proctor & Gamble and Johnson & Johnson's
industry status..........................5 2 Recruitment issues of P & G.....................................................................6 2.1 Campus Talk recruitment
method & Added Value in workplace.....................6–7 2.2 Job Fair Internship recruitment method & Added Value in workplace...............7–
8 3 ... Show more content on Helpwriting.net ...
"Innovation is more important now than ever," said Caldicott. "The finalists we announced today are the moving parts in the engine of economic
growth. They inspire people to think outside the box and improve the lives of people around the world. 1.4 P & G and Johnson &
Johnson's industry status P&G is the largest consumer products company and building leading brands that is one of the fastest growing markets
in the world. It registering strong business growth in the consumer product industry and P&G's China staff has grown rapidly. Besides, P
& G was the 22nd largest profitable company in amount profited of US$ 13,436 million launched by Fortune 500. On the other hand, their
competitor – Johnson & Johnson is the world's sixth–largest consumer health company which operates in three segments through more than
250 operating companies located in some 60 countries and employing 114,000 employees. J & J was the 32nd largest profitable company in
amount profited of US$ 12,266 million. 1 Recruitment issues of P & G Recruitment means to estimate the available vacancies and to make
suitable arrangements for their selection and appointment. Recruitment is understood as the process of searching for and obtaining applicants for the
jobs, from among whom the right people can be selected. According to EDWIN FLIPPO, "Recruitment" is the process of searching

How is National Income derived? What is the GDP? What...
How is National Income derived? What is the GDP? What information does it give us about a nation? What is per capita income? If you wanted to
know about the economy of a country, which would you consider more important, and why? (25 points)
National Income is derived through the overall income earned by a country's people, including labor and capital investment.
Gross domestic product is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not
included in the value of the products.
It measures output generated through production by labor and property which is physically located within the confines of a country.
The following excerpts are definitions of ... Show more content on Helpwriting.net ...
"At market prices" is the way GDP can measure, in a single number, the production of apples plus oranges plus railroad cars plus all of the millions
of other goods and services produced in a major economy. Theoretically, however, goods not sold in markets should be also be included in GDP,
e.g., services of homemakers or output of home gardens, as well as illegal activities such as the sale of narcotics, gambling, and prostitution. Also,
because it is a measure of the value of output in terms of market prices, GDP, is sensitive to changes in the average price level. The same physical
output will correspond to a different
GDP level as the average level of market prices varies. To correct for this, the concept of nominal GDP is used to calculate real GDP, which is the
value of domestic product measured in constant prices from a base year. In effect, this is an attempt to measure actual or real output, e.g. the number
of cars, computers and meals served.".
Per capita income is a measurement of income per person in a population and is often used to measure a country's standard of living. Measuring Per
capita income has a few flaws though. It gives no indication of the distribution of income within a country, so a small wealthy class can increase the
measured per–capita income far above that of the majority of the population. Differing currency exchange rates between countries mean that a given
amount of money has differing values in

Ac Lordi Consulting : Business Advisory Department Essay
AC Lordi Consulting is a boutique consulting firm in the Philadelphia area that prides itself on being the most trusted advisor to the CFO. The three
divisions for AC Lordi Consulting include Business Advisory, Accounting and Risk Management. In regards to other consulting firms, AC Lordi
Consulting tends to be on the smaller side with less than one hundred employees and $20 million generated annually in revenues. This allows for our
bigger clients to have a more personal relationship with the firm and become a top priority.
Business Analytics and Reporting is one of the key focuses of the Business Advisory department, which I am currently apart of. You could say that
from an external perspective with our clients, the Business Advisory department of AC Lordi Consulting has fully embraced the needs for analytics
to guide and strengthen the decision making of our clients. When clients are facing challenging financial decisions, the Business Advisory
department is able to provide the knowledge and expertise beyond the capabilities of their own organization. AC Lordi Consulting has the ability to
provide highly skilled professionals in analytics that will develop the proper framework and methodology to have our clients embrace analytics and
reporting. AC Lordi Consulting provide a structured framework to answer all the relevant questions, suggest KPI's that can be measured in the
industry and implement target ranges where KPI's should fall within.
From an internal perspective,

United States Gdp Trends, Forecasts, and Statistics
United States GDP Trends, Forecasts, and Statistics
Paul Lindner
American Intercontinental University
Abstract
One of the primary indicators used to judge the health of a country's economy is the Gross Domestic Product (GDP). It is the total value of goods
and services produced during a period of time. GDP was first developed by Simon Kuznets for a US Congress report in 1934. There are three ways
of calculating GDP, the production approach, the income approach, and the expenditure approach, all of which should come up with the same basic
results. GDP can be used to judge recession and recovery periods and how prosperous a country is. The author then discusses trends, statistics and
forecasts for GDP.
United States ... Show more content on Helpwriting.net ...
Unemployment claims remain greater than 450,000 (350,000 is considered healthy) (GDP, 2013). One thing causing a lot of concern right now is the
uncertainty about President Obama's health care and tax plans.
While the above graph shows an increase every quarter for the last two years, I predict a decline in the fourth quarter of 2013. This is mainly due to
the government shutdown during October. As I stated earlier government related services make up about 13% of the GDP. While there may be a
decline I also believe that it will recover quickly once the government goes back to work. Although there may still be some timidity in regards to
spending until the health care and tax plans go fully into effect and people learn how much it may costs them.
References
GDP and the economy: Third estimates for the first quarter of 2013. Survey of Current Business. July 2013; 93 (7), 1 Retrieved from
http://proxy.cecybrary.com/login?url=http://ehis.ebscohost.com/eds/detail?vid=3&sid=5a4d1607–26d1–4702–aa4e–
2813451791d0%40sessionmgr4&hid=17&bdata=JnNpdGU9ZWRzLWxpdmUmc2NvcGU9c2l0ZQ%3d%3d#db=f5h&AN=89992363.
Investopedia, 2013. What is GDP and why is it so important. Retrieved from http://www.investopedia.com/ask/answers/199.asp.
Kuznets, Simon, 1962. "How to judge quality". The New Republic. October 20, 1962.
Morici, Peter, 2010. GDP trends not encouraging. Retrieved from

Strategic Analysis : The Fitness Industry
FitTime Strategic Analysis
Group 8
Ashley Montaquila, Meredith Robertson, Brendan Schachle, Abraham Gonzalez
September 30, 2014
I. FitTime, like most other gyms and workout centers, operates in the fitness industry. The Fitness industry continues to steadily grow as
entrepreneurs and small businesses see worthwhile market opportunity. With the ongoing obesity epidemic in the United States, fitness and exercise
opportunities are becoming more and more popular for Americans. However, as a result of continued growth within the industry, fitness centers and
gyms have become highly competitive businesses. In this paper, we will analyze strategies and processes related to the fitness industry and provide
insight on how FitTime owner ... Show more content on Helpwriting.net ...
While there is always a possibility of new businesses starting up and creating competition, the fitness industry is fairly difficult to break into. It is
tough to join the industry due to its high entry barriers, such as the need for expensive, quality equipment and hiring experienced professional
trainers (Fitness Express). These barriers would prove to be very costly upfront, which many prospective gym owners may not be able to afford at
first. Because of these expensive barriers, the threat of competition from new entrants is low. Furthermore, the bargaining power of suppliers is also
relatively low. The primary use of suppliers is to purchase or lease equipment to the fitness industry. Fitness studios try to get the latest and greatest
equipment to satisfy their customers and stay ahead of others in the industry. There are many different suppliers of fitness equipment and the demand
is high in the fitness industry for the most up–to–date equipment, so therefore this may drive up the cost and give the suppliers ultimate bargaining
power. Since the demand is high, the price of the equipment must be low enough for the companies to purchase. This creates equilibrium between
the suppliers and the buyers. In addition, the bargaining power of buyers is high in the fitness industry. The ease of customers going from one gym to
the next makes the membership rates fluctuate easily. Buyers determine the price of the market; they easily

How Well Do You Know Me?
Homework #1 Answers ECO 310 20 points possible 1 National Income Accounting (15 points) Consider an economy that produces and consumes
bread, coffee, and automobiles. In the following table, we have data for two different years. The first 2 questions refer to this table. Year 2007 Year
2008 $20,000 $21,000 $1.25 $1.50 $2.00 $2.10 100 120 100,000 115,000 400,000 380,000 Price of 1 Automobile Price of 1 loaf of Bread Price of 1
cup of Coffee Number of Automobiles Produced Number of Cups of Coffee Produced Number of Loaves of Bread Produced 1. Using the year 2007
as the base year, compute the following statistics for each year: nominal GDP, real GDP, the GDP deflator (a Paasche price index) and the CPI (a
Laspeyres price index). For the CPI, ... Show more content on Helpwriting.net ...
Thus GDP is $6. 2 Calculating GDP (5 points) Go to the BEA website (http://www.bea.gov) and reconstruct TABLE 2, titles "Spending Components
of Nominal GDP" using more recent data. The information you need can be found in TABLE 1.1.5 of the NIPA tables. This table will allow you to
reconstruct GDP using the spending approach. Use the most recent quarter that is available. Answer: Here are the updated numbers up to the second
quarter of 2009. 3 Table 2: Spending Components of Nominal GDP Component Billions US$ % Total Nom. GDP Total Nom. GDP 14,143.3
100.0% Consumption (C) 9,996.6 70.7% Durable Goods 1,011.0 7.2% Nondurable Goods 2,180.2 15.4% Services 6,805.3 48.1% Gross Investment
(I) 1,558.6 11.0% Nonresidential Fixed 1,387.3 9.9% Residential Fixed 346.2 2.4% Inventory Investment ––175.0 ––1.2% Government Purchases
(G) 2,926.8 20.7% Federal Government 1,137.0 8.0% State and Local Government 1,789.8 12.7% Net Exports (X–M) –338.7 –2.4% Exports
1,492.2 10.6% Imports –1,830.8 –12.9%

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