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» Economy and Money Essays and Papers
Foreign 'Aid'?
<view this essay>.... both their economy and
ours. Like with Mobutu Sese Seko, Prime minister of Zaire is an example of
this. The UN estimates that Mobutu stole about four billion from the
International Monetary Fund. This amounts to almost half of all the foreign
aid received by Zaire between 1970 and 1994. Amazingly, the IMF was well
aware of the expropriation of its funds, yet continued to lend Zaire money.
Why, we don't know. Mobutu used most of this money to buy lavish estates in
France and to establish huge secret bank accounts in Switzerland,
Luxembourg and elsewhere. He also kept himself in power through bribes and
by buying military support.
The US alone has spent ov .....
Number of words: 1046 | Number of pages: 4 |
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Corporate Culture : The Key To Understanding Work Organisations
<view this essay>.... is an example of such an organisation. You could walk in to
a McDonald's restaurant in London, Tokyo or Moscow and expect to see staff
dressed in the same uniform serving the same food from within restaurants that
look remarkably similar. There are no risks to be taken here and rarely a snap
decision to be made and certainly not by the staff.
Contrast this with a small organisation, thirsty for success in an emergent
market such as Steve Job's Apple Computers in the early eighties. Here was a
company led by a very strong character who was highly motivated, possessed a
highly practical imagination and was fanatical about detail. He built up a
multination .....
Number of words: 1448 | Number of pages: 6 |
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Ray Kroc
<view this essay>.... Ray Kroc bought the first McDonald's in 1955, he focused on what
people wanted. With this focus came the utilization of Mr. Kroc's theory of QSC
( quality, service, and cleanliness ).
QSC successfully got McDonald's off the ground, but as times changed,
the company saw many more market segments and opportunities. In the 1970's and
1980's once again McDonald's lead the way in the fast food industry. The changes
we saw included, for example, the fact that women were now a major part of the
work force and dual income families were becoming a more common occurrence.
McDonald's became a mastermind of marketing toward specific markets by
pioneering ideas suc .....
Number of words: 853 | Number of pages: 4 |
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Inaccuracies Of The Consumer Price Index(CPI)
<view this essay>.... For this
reason, the CPI has been said to be inaccurate.
First, consumers do change their spending patterns. Even though the
composition off the market basket is assumed not to change, it does because
consumers change their spending patterns. Because consumers substitute lower
priced products in lieu of higher priced ones, the weight has shifted. The CPI
assumes that this does not occur and therefore it overcompensates the standard
of living.
Secondly, because the base period was over a decade ago, the quality of
the products has increased significantly, and therefore the prices should be
higher. The CPI, however, assumes that the increases in prices is a res .....
Number of words: 452 | Number of pages: 2 |
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Coke
<view this essay>.... different strategy, which has involved pouring billions of dollars into capital-intensive businesses like restaurants. Goizueta slides open the drawer and riffles through the papers. "I threw it out," he says nonchalantly. Raising his eyebrows, he dismisses the world’s most famous No. 2 with trademark dispassion. "As they’ve become less relevant," Goizueta says, "I don’t need to look at them very much anymore."
Poor Roger Enrico. He certainly can’t say the same about . Since he became PepsiCo’s chief executive in April, Enrico has been seeing a whole lot more red—Coca-Cola red—than he ever expected. Not to mention red as in ink, as in blood. PepsiCo has been b .....
Number of words: 4620 | Number of pages: 17 |
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What Is Demand
<view this essay>.... those who want or need products or services. Cost changes, benefits, and perhaps future goals affect these decisions.
The most obvious decision a person bears in buying a product is the price of the product. People have limited means of which they can spend, if spent on one thing, they will not be able to buy another. When the price of a product goes up, the amount of goods purchased will be lessened. Increases in income results in increasing of options of what and how much a person may purchase. Normal goods refer to products that people tend to buy more of as their income increases. Inferior goods are goods that people use less of as their income i .....
Number of words: 508 | Number of pages: 2 |
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The Investment Industry
<view this essay>.... the
sophisticated investor who does his/her own research to incur minimal commission
fees.
Banks entered the investment industry in 1987, whereby they took over
full-service brokerages, introduced mutual funds to the banking industry and
became part of discount brokering. From this time on, chartered banks have
expanded their dominance in the industry by acquiring key players in the
industry or branching off into full brokerage services. For example, the
brokerage firms for CIBC, Royal Bank, Toronto Dominion Bank, Bank of Nova Scotia
and Bank of Montreal are Wood Gundy, RBC Dominion, Evergreen, Scotia McLeod and
Nesbitt Burns respectively. In addition, the a .....
Number of words: 2304 | Number of pages: 9 |
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The Particular Features Of The Employment System In Japan
<view this essay>.... because women
even if they hold permanent positions are thought of as transitory workers who
will leave the workforce when they get married. Female and temporary workers are
a safety valve for Japanese companies that allow them to reduce costs in the
short-term without firing permanent male workers. The second way Japanese
companies reduce costs is by giving early retirement to senior workers at the
company. Many of these workers forced into early retirement then take up farming
as is the custom in Japan for retires. Getting rid of senior workers is one the
most effective tools companies have of reducing costs because these workers have
more seniority and t .....
Number of words: 492 | Number of pages: 2 |
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