They get economic as well as financial support through government. ... Their main motive is to bring a healthy competition in market for organizations. ... Sustainability The economic sustainability help the employees to survive in their workplace peacefully. ... Task 2 2.1 Different economic systems and resource allocation A country's economic system is its way of organising economic activities, including the ways in which people come to specialise in particular task. There is a variety of economic systems, which can be divided into two groups: - Unplanned or decentralised economic decis...

• Word Count: 6987
• Approx Pages: 28
• Has Bibliography
• Grade Level: Undergraduate

It also faces challenges that many other media firms face, for example competition for audiences, technological advancement etc. ... So, market structure basically concerned with organisational and other characteristics that affect the nature of competition and pricing. The most important features to remember about market structure are the numbers, price and distribution of buyers and sellers as this determines how close a market is to perfect competition or to monopoly(or maybe somewhere in between). Albarran(2013:28) asserts the four types of market structure as monopoly, oligopoly, monopoli...

• Word Count: 3032
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

The problem faces by a developing country like Nigeria is enormous ranging from political, economical, health, social cultural education, infrastructural and even population explosion (Archibugi (1999) What benefits has globalisation brought into the banking sector in term of knowledge, capital, competition, job opportunities through cross borders operation etc and also how has globalisation through the presence of multinational banks merge the Nigeria economy with other countries of the world. 1.2 SIGNIFICANCE OF THE STUDY The dissertation should enlighten people on globalisation as regar...

• Word Count: 17126
• Approx Pages: 69
• Grade Level: Undergraduate

China has been the scenario of political, social and economic turmoil during the past decade. ... The emphasis on the economic aspects of Hong Kong is of great significance considering it is one of the world's freest and most dynamic economic centers and considering the commotion under the effect of two international economic crisis" during the SAR's first four years of existence. ... Hong Kong embraces the globalization of international trade and economic activities. ... The main key elements of Hong Kong's success as an economic centre are its sound economic fundamentals, main...

• Word Count: 3624
• Approx Pages: 14
• Grade Level: Undergraduate

The new economy requires innovation to gaining competitive advantage When we talk about the new economy, we're talking about a world in which people work with their brains instead of their hands; a world in which communications technology creates global competition - not just for running shoes and laptop computers, but also for bank loans and other services that can't be packed into a crate and shipped; a world in which innovation is more important than mass production; a world in which investment buys new concepts or the means to create them, rather than new machines; a world in ...

• Word Count: 2943
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

In retrospect, Castles and Miller focus on the neo-classical economic theory that considers economic tools such as wage differences, cost of migration, employment conditions, and the promotion of international migration for the maximum economic earnings (Castles and Miller, p 22-24). Similarly, Martin points out how economic imbalance led to recessions that resulted in the downshift of migration from bust to boom economic areas in an article, "Recession and Migration: A New Era for Labor Migration.... Martin expressed immigration leads to economic imbalance at the time of economic crisis...

• Word Count: 6062
• Approx Pages: 24
• Has Bibliography
• Grade Level: Undergraduate

The general idea is that the economic anti-globalization sentiments are that economic globalization lacks a face. ... The economic globalizations in the political affairs and economic issues have become important to the global markets. ... Contemporary Marxist Approaches the Strengths and Weaknesses The biggest strength of the analysis is that without competition, the innovation of the capitalist diminishes as production continues to become capital intensive. ... Neoliberalism updated from an entity of economic theory and the unregulated capitalist system. ... Corruption in the developing co...

• Word Count: 2557
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Given the globalisation of markets and the existence on international trading organisations and areas, international polio-economic influences on business present one key feature of the business environment. ... Competition policy Competition policy in the UK is well established. ... Competition policy also includes law on mergers. ... The OFT said that there would be a loss of actual competition of 6 transatlantic routes by the two airlines and there would be also a wider loss of competition on the wider UK/US market for price sensitive passengers . ... Competition policy plays an import...

• Word Count: 2729
• Approx Pages: 11
• Has Bibliography
• Grade Level: Undergraduate

From this political theory comes the economic principle, the law of supply and demand. ... The expeditions of discovery in the 15th and 16th centuries emerged an economic order that was essentially commercial. ... The mercantilist system rested on private property and the use of markets for the basic organization of economic activity. ... Governments should promote free trade and not interfere by protecting certain industries from competition. ... There were some other consequences of the industrial revolution; free competition. ...

• Word Count: 3577
• Approx Pages: 14
• Has Bibliography
• Grade Level: Undergraduate

On the global level, a new era of competition among the superpowers for influence in this as yet disorganized region, as part of the future world order has begun; and this competition over regional influence in the Middle East has the potential to lead to global instability through the expansion of this competition to new areas. ... Economic liberalization is the first step towards political reform and hence to democratization. ... Without political reform, there can be no economic liberalization, nor democratization bringing stability to the region. ... The Arab Spring significantly impac...

• Word Count: 3677
• Approx Pages: 15
• Has Bibliography
• Grade Level: Undergraduate

Therefore, when a firm decides to operate independently without creating the appropriate cultural dynamic, they may be seen as intruders who have come to create competition and destroy harmony. ... In this political system, the state owns and/or controls all economic functions, such as trades, labor, and fiscal policy. As one may assume, a subsidized economy eliminates any competition and, therefore, does not produce great economic growth. ... The Chinese economy has experienced unprecedented economic growth that began in the 1970s. ... By the latter part of 1990s and throughout the 2000s, Chi...

• Word Count: 3326
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

The recent acquisition of Arby's by Wendy's will further enhance the potential for economic value added vis – a – vis the current strategy followed by Wendy's. ... When compared to the competition, Wendy's distinguishes itself by strictly adhering to its core competency, i.e. old – fashioned hamburgers. In other words, it does not experiment with new offerings and randomly diversify its menu line unless the offerings create economic value added or enhance the current menu line. Moreover, although Wendy's global expansion and market share growth effort...

• Word Count: 3509
• Approx Pages: 14
• Grade Level: Undergraduate

Table of Contents 1.2 Executive Summary...................................................................................................... 3 1.3 Introduction of Mexico .................................................................................................3 1.4 Introduction of Ikea....................................................................................................... 4 1.5 Background of Ikea ...4 2.0 Global Macro Environment ..................................................................... 5 2.1 Macro Environment PEST Analysis.......................................

• Word Count: 4758
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate

However due to deregulation policy the industry opened to free competition. ... The framework categorises environmental influences into six main types: Political, Economic, Socio-cultural, Technological, Environmental and Legal. ... As the rules of competition were changed, different market segments emerged (Chan, 2000). ... Economic Factors The European airline industry is a competitive industry, which is closely linked to the performance of the overall European economy. ... Shifting Centre of Economic Engine The growth centre has shifted from the western democracies to the Asia Pacific regi...

• Word Count: 4942
• Approx Pages: 20
• Has Bibliography
• Grade Level: Undergraduate

Founded in 1980, it established economic preference zones instead of free trade. This encouraged economic growth and increased actions and agreements between countries that previously had no connections. ... These free trade agreements serve to promote unified movement within the EFTA's economic relationships and to strengthen Europe's international trade alliances. According to EFTA web page, free trade established by the EFTA is an, "essential process in the continuous building of economic, social, and political ties between the countries of Europe and thus enhancing our common obj...

• Word Count: 3714
• Approx Pages: 15
• Grade Level: Undergraduate

Many see it as a primarily economic phenomenon, involving the increasing interaction, or integration, of national economic systems through the growth in international trade, investment and capital flows. ... It has taken off as a concept in the wake of the collapse of the Soviet Union and of socialism as a viable alternate form of economic organisation. Globalisation is the rapid increase in cross-border economic, social, technological exchange under conditions of capitalism. ... The UN has sponsored a Global Compact to establish and promote a shared set of core values in the areas of labo...

• Word Count: 9131
• Approx Pages: 37
• Grade Level: Undergraduate

Executive Summary Mission Statement Pandofandlejoie Breweries Inc. produces products of high quality and impeccable taste that nurtures a sense of community by bringing people together. Vision Statement Pandofandlejoie Breweries Inc. will produce only the highest quality ales and lagers that will help redefine the International beer culture, and reeducate the consumer about what beer is supposed be. Operate a profitable business whose annual growth is fueled by exceptional employees who are given opportunities for development, challenging work, candid communication, autonomy, and support. ...

• Word Count: 6484
• Approx Pages: 26
• Has Bibliography
• Grade Level: Undergraduate

Poor economic conditions and overly aggressive expansion and modernization plans hit Caterpillar hard in the 80's. ... Caterpillar needs to recognize that global competition is increasing and that in order for it to maintain its role as the industry leader; it must diversify and expand its product line of parts and components as well at its" services, into other areas without straying from its high quality of standards. ... The changing social and economic conditions of the world will force Caterpillar into offering a lower-cost alternative to many of its products. Developing countries...

• Word Count: 2613
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

This contradiction implied that the American Revolutionary War, instead of being a random, passionate incident, was in truth an inevitable event that ensued from certain political and economic conditions that was bound to happen in the Thirteen Colonies but not the Province of Quebec. ... They concluded that the rebels, who had campaigned to conquer their territory, insulted the Catholic religion, and belittled their culture, should be kept outside of Quebec.vi Multiple cultural and historical disagreements had alienated the Province of Quebec, not to mention the fact that they had never real...

• Word Count: 2752
• Approx Pages: 11
• Grade Level: Undergraduate

Free enterprise was seen as the key of economic success. ... They opened their markets to competition and to global economy. ... Some critics even question the benefits for the poor of policies aimed at stimulating economic growth. ... In yet others, such as Vietnam, it has not changed, even if there were enormous economic transformation. ... In each country, even the population is divided in different economic and social layers. ...

• Word Count: 6472
• Approx Pages: 26
• Has Bibliography
• Grade Level: Undergraduate

This highly unexpected rapid economic growth has been the trigger for much analytical interest attempting to explain the various causes of the phenomenon that was the economic miracle. ... Singapore profited from FDI in the form of improved quality of entrepreneurial and managerial resources as well as economic growth, employment creation and a healthy balance of payments. ...

• Word Count: 3533
• Approx Pages: 14
• Has Bibliography
• Grade Level: Undergraduate

The economic development under the repressive conditions of the Zionist agenda utilized the framings of ideology to institutionalize policies that systematically impeded the Arab sector within Israel from advancing. ... As another commentary suggests "the creation of Israel meant the destruction of the political, social, and economic structure of Palestinian society."" 7 The question is why? If Israel truly were a democratic nation, the institutionalization of its economic sector would itself be based upon the virtues tied to a free system of enterprising and commerce. ... However once a more...

• Word Count: 5817
• Approx Pages: 23
• Grade Level: Undergraduate

With the changing global market, globalization has led companies to a more competitive economic and geopolitical environment, which can also include both opportunities and threats. ... Competition to Global Reach The automotive market has climbed up with much success for companies, however, the success rates depend on the strategies that these companies adopts with emerging markets. With Honda and Hyundai being the worlds top automotive companies, the competition arises as one becomes more competitive than the other when it comes to global reach. As competition grows, companies need to launc...

• Word Count: 2556
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

To begin to look at the economic factors that are affecting Net-a-porter, one must consider the economy as a whole. The economic growth of Europe, Asia, the Middle East as well as the Americas is growing after the economic downturn of 2008 that we are ever so slightly beginning to overcome, which provides a ready market for luxurious good. ... However, the economic muscle of the Eastern Europe is low, thus low consumer reception of the goods of this firm in the region. ... Competing in an industry where names such as Harrods, Shopbop, Neiman Marcus, Moda Operandi as well as many others, the fu...

• Word Count: 3582
• Approx Pages: 14
• Has Bibliography
• Grade Level: Undergraduate

Use Porter's Five Forces of competition' framework to show how the structure of the airline industry has caused low profitability during the past twenty years. Since domestic deregulation occurred in 1978, competition in the airline industry has intensified and become more concentrated. This situation can be analyzed through Michael porter's framework of the five forces of competition. ... These five forces of competition include three sources of "horizontal- competition: competition from substitutes, competition from entrants, and competition from established rivals and two...

• Word Count: 3996
• Approx Pages: 16
• Grade Level: Undergraduate