One thing we can be sure of is that a business cycle affects different sectors of our community in different ways. Gross domestic product is a great measure of an economies growth. The chair of the Federal Reserve uses information gathered from GDP to assist with making necessary adjustments to keep a balance between inflation and unemployment.
Business owners can choose from one of several business options that the Internal Revenue Service’s offer in regards to tax (nbea.org, 2007). Antitrust law is to encourage corporate competition by restricting anti-competitive behavior. An example is a monopolization and, agreeing with a competitor on product price fixing. The antitrust laws require that each company establish prices and other terms on its own, without agreeing with a competitor. The government can stop businesses from merging or force businesses to divide into different companies to encourage competition (nbea.org,
ETHICS IN PUBLIC ADMINISTRATION ABSTRACT We have become a society of increasingly fragmented policies because of the differing views of right and wrong. Those differing views of right and wrong have been viewed through the lens of capitalism. Capitalism, by definition, is the economic system in which all or most of the means of production and distribution are privately owned, it has been generally characterized by a concentration of wealth, growth of great corporations, and increased governmental control. The ethical and moral reasoning skills that public policy makers possess will define how public policies are administered. If some public policy makers can make decisions that do not benefit the public as a whole but benefit their personal capitalist goals, their decision making is unethical.
At the heart of this essay, we will not only look at both sides of the debate, but also ultimately look to prove that both philosophies are quite practical, depending on the position of the nation in question, from a global financial standpoint. On one hand, we have Aldo Musacchio, who defines state capitalism as a system in which both democratic and autocratic governments apply extensive influence on their own economies, “through direct ownership or various subsidies”. He claims not to be an advocate of state capitalism; however, he advises liberalists to adopt some sort of a state capitalist system. He claims, “a hybrid form of capitalism – state support disciplined by the market” – provides state capitalism with new features and advantages. Firstly, it creates ‘National Champions’ that have fast risen up in the corporate world.
The biggest difference between communism and democracy lies in their economic systems . In the system of communism production and distribution of goods and resources is completely controlled by the government and is shared by the society equally. It is not so in case of democracy where these things can be owned by individual citizens. Community has the main control over resources and goods to prohibit the rise of a single person or group over the others. Democracy allows for free enterprise and accordingly the economic status of people may vary in a country from very rich to poor.
Abstract Our analysis of Target Stores, Inc. and Walmart Corporation has attempted to solve the common problems facing corporate and common investors when analyzing the past performance of a company, assessing market changes, how to invest capital, and what returns can be expected. We analyzed the companies’ weighted average cost of capital, dividend policy, degree of leverage, and cash flows through the aspect of the optimal capital structure. During this exercise we found that the companies follow the market in similar patterns, however utilize different investment policies which result in different capital investment patterns. The analysis broke down the two complex corporate frameworks and provided a side by side comparison of two companies. The results are detailed and relevant financial and operational descriptions of the two retail competitors.
Each of these divisions operates within four different market structures. The market structures that they operate in are Perfect Competition, Monopoly, Oligopoly, and Monopolistic Competition. In this paper, it will summarize the simulation and give a brief understanding of each step in the decision process. In economics, markets are categorized according to the structure of the industry serving the market. Industry structure is categorized on market structure variables, which are believed to determine the extent and characteristics of competition.
Consumption drives our society, and as we already experienced, it has taken over our modern living in economies. I will argue that consumerism has taken control over how we live our lives. This is in comparison to early evidence of society. Our ability to be responsible consumers is ever so present, however we continue to feed the industries and companies who lure us into consuming products that are unnecessary to our everyday living. I will critically analyse the arguments of both sides of this topic in constructing a basis for the control that consumption has over our global economy.
Although they are all external factors, companies can take advantage of the different turns they bring about and have more control over the direction the company is taking; and some industries have a little more power over some of these cited factors than others. My selected industry is the Money Center Banks, which is a subdivision of the big financial sector, and regroups companies such as Bank of America Corporation, Citigroup Inc., JPMorgan Chase & Co., State Bank Financial Corporation and many others. First of all, the General economic condition affects all the components of life in general and businesses in particular. When taken at a local, state, national or even international level, factors such as rate of economic growth, unemployment, interest, saving and inflation rate, trade deficits and surplus, GDP and so forth, affect every single aspect of the economy on both the supplier and consumer side. Concerning our selected industry for instance, a low interest rate will stimulate loan and business enterprises; while a very bad economic
In term of politic that will affecting the 99 Speedmart is government policy. This is because the government policy gives opportunities for growth and profit an attractive manufacturing and export base in the region. Government commits to maintain the business environment that providing companies with the opportunities for growth and profit. However the changes in government policies may either affect positively or negatively. In negatively of the government policy is they can block business operations such as finance, marketing, or property and automatically it become risk for 99 Speedmart businesses.