They assess potential risks before making investment decisions which is shown through Bob and Maggie refusing to take out a loan when they don’t have the means to make repayments as the majority of their money is tied up to their inventory, and their inventory faces a huge unpredictable risk from the weather. In addition Bob and Maggie both have calculations and predictions made using information available to them showing efficiency and awareness of the market conditions; alongside this Maggie’s conservative nature in regards to cost saving has helped them garner up more cash. The company’s weaknesses seem to be their low liquidity levels, which could see them in financial difficulty in an unexpected change in the market conditions, or potentially hazardous weather that could damage their inventory. To add to this risk Maggie has a strong deterrence towards any type of debt financing. 2.
Every year around tax season many Americans splurge instead of paying off current obligations. As Bloom stated, "Even the poor had new substances and new furnishings to dream about" (par. 23). To date we all still tend to spend money in our minds even before we even have the actual cash in-hand. Consumerism can affect people's personal relationships to a large extent.
Furthermore I also find it hard to believe the fact that a lot of the professional athletes complain to the world that they can’t support their families. How is that even possible when everyone else in the world finds a way to make it with just a portion of the money that the athletes make. The athletes just start out greedy and continue to get even greedier. But really they have nothing to get mad about they can buy a house that cost less than 10 million dollars just like anyone else can. Maybe they need a good slap to the face and we should not pay them what they want, so what if they said they won’t play because I guarantee there are people out there that will play for way less money.
Everest University | Shoplifting and the Economy | Hidden Effects | | Shannon R Courson | 6/27/2014 | Demonstration of the many effects, both hidden and unhidden, that shoplifters hold in little regard while participating in completely selfish behavior. | When we shoplift we seldom think about how this affects customers, taxpayers, and our families. It is a selfish act that has a very negative impact on the economy. Millions of dollars are lost yearly because of this complete lack of concern. Millions of more dollars go into providing salaries to law enforcement and loss-prevent personnel, who work very hard to fight for justice and public safety.
The larger expenses coming along with high quality and services render salespeople a disadvantage when talking to their clients for business. The standards of performance (SOP) set for extra compensation seem unrealistic, with 75% of salespeople earning no commission in the first half of 1992, and so conceivably, fail to motivate them. This makes the result control less effective as they failed to evoke the desired behaviors – achieving sales targets. Together with other offers by competitors, this resulted in high turnover rate. Profit Sharing - Result controls may serve well with congruence between employees’ and company’s objectives, but employees take for granted the law-required 10% profit sharing of the company’s income and so their motivational effect seems little.
Mr. Helmer acting like Nora is a child in the story he holds the power of everything including the money. Another name that is used is “Spendthrift” this is when money is being spent recklessly. Helmer: “Has my little spendthrift been wasting money again?” (Ibsen, 2011). This just shows that Torvald does not like his money to be spent and if it is spent, he has to know about where it is being spent. They also have different attitudes toward borrowing money.
Although the feminist movement was on the rise, so was the divorce rate. This decade was where the divorces increased the most, and families started to fall apart. In the 1980s family was not the most essential priority. Just like in the book “Blow” by Bruce Porter, George Jung was not the best father figure. His job, which was smuggling cocaine, made him money hungry and was more interested in making more and more and more money that family wasn’t his top priority in life.
Countries that are heavily populated are so congested that travel and commuting is unenjoyable. Conversely, some countries with the highest GDP ratings are also the most congested. Additionally, crime and social problems are not affiliated with GDP. Some may argue that the better the economy is, the more crime there will be. If there is a big wage gap in society that allows for only a certain class of people to have more money and afford expensive things, there could be an increase in theft from the ones who don’t.
From this total, in 2010 the most part of this money was wasted on the commissions for stores selling these tickets, and prizes; the government received only $17.9 billion, which broke down to 30 percent in profits and 8 percent in administrative costs. In addition, lotteries can be seen as a hidden form of taxing; in 2009, 11 American state lotteries raised more money per person than corporate income taxes. Though people usually tend to see lotteries as a panacea against their unsatisfactory financial condition, in fact lotteries cannot save one from poverty or going bankrupt. In 2007, one of three lottery winners experience severe financial problems within about five years, and even lose all their capital. One of the main reasons standing behind this phenomenon is that despite suddenly gaining vast amounts of money, people do not revise their financial habits; moreover, rather often lottery winners spend money less
The paucity was so bad; the indigent had no choice but to beg or steal from the rich just to stay alive. With the help from religious organizations, the Elizabethan poor law was introduced. The rich paid their taxes which a percentage was allocated to the poor. There were the same issues with that back then as there is today, the media expresses the public’s anger over their taxes being given to people who cannot be bothered to work, and so live off hand-outs the government gives them, as cited in Shipman (2012), as it currently illegal for ministers to decree what benefit cash is spent on, they are looking to change the law. 1834 saw the introduction of the new poor law.