In these winter months there were signs of the country’s morale and unity breaking, it was not helped when Germany was hit with an influenza epidemic, wiping out 20-40 million, the resistance to the disease was lowered due to decline in living conditions. Inflation was also a problem facing Germany after the war, the people were forced to work longer hours, but wages still fell below the inflation rate. As a result of these effects social discontent grew, and anger was expressed at sharks of the industry who appeared to be making money from the war. The
King advises Sung to spend the brand’s sales to other regions, instead of regional population, like Ontario. According to the case, the Guard’s promotion funds have been misallocated before, and the fact that Sung received 12 percent of Guard’s sales accounted from 36 percent spent in Ontario, leads to the decision that he should not spend it all in Ontario again. King also suggested that Sung could find businesses with good sales located in Quebec and the Prairies; even though, it would not work in both countries. According to the numbers, Quebec’s consumers concentrate on buying soap, from local brands, different from Prairies’ consumers that buy deodorant bars of soap. I think that Sung should advertise its brand in a different, efficient, and effective way in Ontario and create a new strategy for the Prairies markets.
Briefly explain the benefit of and hurdles of Maple Group and TMX merger moves. In 14th May, 2011, Maple Group Acquisition Corp joint to acquire TMX as the competitor by LSE by 2.8 billion Canadian dollars. However, in 20th May, 2011, the acquisition offer was rejected by TMX with reason of “not reasonable”. The terms of acquisition are not better than what are provided by LSE. As consider the acquisition requirement by Maple Group will affect the majority ownership of TMX, Wayne Fox, the director of TMX said merger with LSE also was the better choice than with Maple Group.
With the increase to the tax paying base the taxes could also be lowered or reallocated to the increase of the standard of living in Canada. With the increased education and standard of living Canada would become a better place to live. If the Canadian government was to decriminalize marijuana it would have a small effect on the groups of law enforcement or the Canadian economy but the legalization would greatly affect the whole country. It would decrease some of the budget drains while increasing the budget through taxes and tourism. The legalization of marijuana even has the potential of not only getting Canada out of debt but possibly making us one of the richest countries on the earth.
Because of these economics times that the world is currently in, the company found its business in disarray subsequently an action plan was put in place for the company could be saved. More than 34,000 of jobs were lost in the US and Canada alike at that time. As of January 16th 2009 a week after the motions were initiated in court, Circuit City decided to close all 567 remaining stores in the United States. The lost of these jobs have not only affected the company but their employees have suffered irreversible damage in these economic times. The communities were these jobs were lost have been devastated.
In addition, the States had socially influenced Canada greatly, in terms of culture. Canada did gain some political independence, hampered by the fact that Canada depended on the United States for much of its social and economic success. Canada’s prime minister, Mackenzie King, did not follow the regular rules set by Britain. Instead he refused to send Canadian troops with Britain to invade Turkey in 1922. (Cranny p.55) Normally, when Britain went to war, Canada would automatically be at war as well, but King took a big step in not following orders from the mother country.
Enbridge Pipelines Inc. is facing tough opponents for their development proposal, which Enbridge intends to expand their pipeline networks in Canada – most notably in Alberta and British Columbia, Canada. The executives and supporters of the pipeline expansion emphasize economic growth and job creations, however; Enbridge’s reputation from the oil spills, and their ambition is be more harmful than beneficial to Canada: environmentally, and economically. While the end product from the pipelines may seem attractive, it is not an alternative source of energy to end the worldwide shortage of crude oil in the future; the oil sands in Alberta will eventually diminish, too. In Canada, and most developed countries, providing a safe working environment
The middle class was nearly non-existent. This occurs often in the world, but the Great Depression was the worst economic downfall in the history of the U.S. It spread and affected all of the industrialized world. The depression began with Black Tuesday, and lasted for nearly a decade. According to Paul Alexander Gusmorino, the main cause of the drastic downfall was the combination of unequal distribution of wealth and the extensive stock market speculation that took place in the later years of that decade.
With respect to NAFTA, the shift is to Mexico. With this movement of multinational corporations to Mexico, the rate of unemployment will fall there but will rise in Canada. A rise in unemployment for Canada is not a good thing especially with the situation that has already plagued us. From a Canadian business point of view however, it is feasible for corporations to produce goods and services where labour costs are cheaper and their total costs of production are lower. Meanwhile, this short
Foreign product taxes, or tariffs, were initially imposed to help in the growth of our country by keeping infant industries alive, as well as to bring in revenue for the United States federal government in its early days. But, as time has gone on, people have started to question whether these protective measures are actually helping or hurting us. And after much research, I can definitely assure you that tariffs are detrimental to our country’s well-being. By having these taxes on foreign products, people are naturally going to turn away and opt for something cheaper. So when these domestic companies are getting a steady flow of customers and income, they no longer have any need or incentive for improving the quality of their products.