These firms serve similar markets and they see themselves as members of the same industry and strategic group. ... Each of these companies has created a structure, a certain style, a set of routines which operates to get the best out of employees.These routines have continued to produce exceptional results and add value. Kay (1995) points out, "Architecture depends on the ability of the firm to build and sustain long term relationships...it is easier to sustain architecture than to set out to create it." ... The first major step for the managers is to recognize the nature of the firm's...

• Word Count: 2238
• Approx Pages: 9
• Grade Level: Undergraduate

Introduction The Chinese government has set up a large amount of economic and technological development zones approved by the State Council as state-level economic and technological development zones(SETDZs). ... They are served as "windows and bases"" in the fields capital attraction, export enlargement, hi-tech development and regional economy promotion. ...

• Word Count: 1306
• Approx Pages: 5
• Grade Level: Undergraduate

At that time , after the set in of feudal system in Europe, mercantilism policy has grew up. ... Gomory Baumol, New York University economics professor who served as president of the American Economics Association in the 1980s, has made analysis to examine the assumption of free trade and "draws an analogy with how objects in the physical world behave under the influence of gravity. ...

• Word Count: 1260
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

In general, when one monopolistically competitive firm is quite profitable, we may expect that other firms will set up in business producing similar products, and established firms may change the characteristics of the products they produce, to make those products more similar to the successful one. ... The firm will set its output so as to make marginal cost equal to marginal revenue, and charge the corresponding price on the demand curve, so that in this example, the monopoly sells 1000 units of output (per week) for a price of $85 per unit. ... What that means is that new firms will set up...

• Word Count: 2236
• Approx Pages: 9
• Has Bibliography

This act served to stimulate job growth and provide some temporary relief to those most impacted by the recession through spending billions of dollars in tax relief, public works projects, education and job training, etc. ... Jobs have been added at a rate of 200,000 per month but our current unemployment rate still sits around 7.6% and the rates of those underemployed, those who are working below their skill set, and long-term unemployed, those who have been actively looking for a job for 26 weeks, are far to dismal for a recovery (Bernanke 1). The unemployment rate has been hit so hard in th...

• Word Count: 2201
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

In the ancient world, religion was a crucial component to the growth and maintenance of a healthy economy. The backbone of a strong economy is only strong when people treat one another with respect and dignity, not objectification or exploitation. Religion and religiosity gave people, especially tho...

• Word Count: 2449
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Spain is located in the south-western part of Europe taking just more than four-fifths of the Iberian peninsula. Spain also includes the Balearic Islands in the Mediterranean Sea, the Canary Islands in the Atlantic Ocean and some area in Morocco. It is located between both Portugal and France. Spain is surrounded by beautiful beaches and mountaintops. Spain is often thought of as a land that carries an image of pride and privilege. ...

• Word Count: 2349
• Approx Pages: 9
• Grade Level: Undergraduate

Benchmarking offers potential to improve the efficiency and effectiveness of an airport and hence serves as an important tool for the airport management for decision making (Graham, 2005). ... Martin and Roman (2001) point out that partial indicator have indeed provided insight to airport mangers, but these managers usually face the problem of interpreting a relatively large set of indicators. ... According to Hensher and Waters (1993), DEA carries out a comprehensive performance measure of the airport based on the ranking concept of relative efficiency of set of decision-making units (DMU). ...

• Word Count: 2404
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

Whatever the specific components of this better life, development in all societies must have at least the following objectives. 1- To increase the availability and widen the distribution of basic life-sustaining goods such as food, shelter, health and protection. 2- To raise levels of living including in addition to higher incomes, the provision of more jobs, better education and greater attention to cultural and humanistic values, all of which will serve not only to enhance material well-being but also to generate greater individual and national self-esteem. 3- To expand the range of econ...

• Word Count: 2277
• Approx Pages: 9
• Grade Level: Undergraduate

He believed that the only responsibilities of the government should be to define property rights, set up honest courts, impose minor taxes and subsides to compensate for well defined and narrowly specified "market failures". ... Two years later, though not completely recovered, he returned to teaching at Cambridge, wrote three influential articles on war finance entitled How to Pay for the War, and served once more in the Treasury as an all-purpose adviser. ...

• Word Count: 1471
• Approx Pages: 6
• Grade Level: Undergraduate

Investments in areas such as urban mobility, infrastructure, and public safety not only serve tourists during the events but also become a legacy for the local population. ... With that said, according to The Economist, despite China's outstanding economic development, Brazil's sets itself apart from these other nations. ...

• Word Count: 1456
• Approx Pages: 6
• Has Bibliography

Examples of such flexibility in terms of alternatives include carbon sinks and alternate power sources (wind, solar), which serve to offset pollution emitted by a firm, rather than generating an actual reduction. ... In order to achieve specific standards as quickly as possible, the government established a set of emission standards with a simultaneous tax scheme. ...

• Word Count: 1840
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

The importance of unemployment as mention in economics that it serves as a measurement of the economic health in the small scale or in a national scale. ... Conclusion Unemployment is what young people have to face with when they set first step into the economy. ...

• Word Count: 1776
• Approx Pages: 7
• Has Bibliography

Adam Smith said that competitive forces function like an "invisible hand" to ensure that people pursuing individual interests simultaneously serve interest of society. ... Price searchers are price makers because they have power to set their own price. ...

• Word Count: 2214
• Approx Pages: 9
• Grade Level: Undergraduate

The continuous rise of China has undoubtedly been one of the great dramas in the beginning of the twenty- first century. The extraordinary economic growth in China and their active diplomacy have already transformed East Asia. What we have yet to see is if China's continued rise will increase their ...

• Word Count: 1993
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

However, the GOs were not tied together through metrics or motivators that would pull them towards shared goals, so that each GO served its narrow functional purpose, but an overall company purpose was missing. ...

• Word Count: 2426
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate