(Overall decline of market / demand) and the increasing price sensitive of customers. • Strong international player filling the needs of the booming industrial economy abroad leading to fact that Fortis is not yet ranked under the world TOP 10. Question 2) • Overall declining industrial economy in U.S lead to a decrease in demand and to high cost pressure within the industry. Given that, Fortis’s customers are becoming more and more price sensitive and less willing to pay premium prices. Additionally, the continuously increasing steel prices leading to higher production costs and impacting product’s margin.
The next stage is Depression, this is where there is a lengthy period of declining Gross Domestic Product (GDP) – this is where there is little to no customer spending (there is some increase in the rise of employment). The last stage is Recovery, this is where the business starts to get better; the customers increase their spending, the business starts to feel more confident in their products and profits & unemployment is still continuing. b) Describe what influence the recession stage would have on your chosen business. If Tesco go into the recession stage of the business cycle that would influence them to cut back on hiring new employees when their revenues and profits start to go down, and also the business might chose to stop buying new equipment and stop new
John majors government came into office after the downfall of Margret Thatcher, which ultimately created divisions within the party. Not only did the party suffer from the internal conflict but also faced the problems of the recession after the ‘Lawson boom’. In order to stabilise the economy he joined the ERM getting a good deal but ultimately resulting in ‘black Wednesday’ causing Major to raise interest rates to 15%. This was political suicide and he soon lost the support of the press we had once relied so much on to get re-elected in 1992. The housing market also plummeted leading to negative equity, which the majority of the working class could not afford resulting in the repossession of their houses combined with the drastic increase in unemployment Britain was in a mess.
Whereas grand fathers are far less likely to invest because not only might they not be the father of their son but their son might not be the father of the new offspring. Child rearing for women comes at a high expense. They have to care for the child for a minimum of nine months and then they are relied up on by the child after the birth for demands such as breast feeding. Therefore females not only make the greater parental contribution but also the largest postnatal contribution. Random mating is therefore so much more costly for women compared to men.
The Case for Girls In Anya Kamenetz’s The Case for Girls, she identifies the increase of male to female ratio, and tries to show that we can change society’s view of a preference for males over females. She tries to inform and persuade the reader on why sex-preference is a step back for society. Kamenetz sees this as an opportunity in some way to help influence the people of the world that men and women are equal and capable of the same things. She believes that if the advertisements can work nation-wide, they can also work at a global level as well. Kamenetz uses pathos, ethos, and logos to show that if we invest the time and money, we can change society’s view of the preference for baby boys over baby girls on a global, rather than just a national level.
List a few reasons economists speculate could be the cause of the slump in productivity increasing presence in the work force of women and teens (had lower skills, less likely to take full time jobs),declining investment in new machinery, general shift of American economy from manufacturing to services B. Sharply rising oil prices in the 1970s also fed inflation, but its deepest roots lay in government policies of the 1960s—especially Lyndon Johnson’s insistence
However, there is a major concern inside of the workforce. On average men earn more money than woman working in the same career position. This should be an outrage to business women everywhere. On the other hand, the gender hierarchy starts way before men and women enter their career field. Unfortunately, in thier adolescent years, girls and boys are influenced to take classes that are deemed appropriate for their gender.
In today’s current news nothing is more prominent than that of the American government and it’s struggles. The American Economy has been a main focus of thousands of Americans for the past few years. A lot that has been argued deals with the massive difference between the upper 1% of the nation and the angry 99% of the rest. Occupy Wall Street deals with these angry 99% looking for some sort of reciprocation from these individuals and the hopes that they can began to enjoy their lives without the fear of becoming broke and possibly homeless due to the failing economy of the U.S.A. ("Occupy Wall Street"). This movement has highly appealed to the youth of this nation especially that of the college graduate students that are still struggling to
A woman working in the same job as a man will usually earn less, despite the fact that she may have the same or better training, education, and skills required for the job ("Study Shows Female Managers in Britain Earn Less than Men, and Equality Could Be 57 Years Away." 2010). Women are consistently discriminated against in the workplace. Women only make 60 percent or less than their male counterparts in the same job position (Louis, 2010). Throughout history men are seen as the “strong/tough ones”; the belief is that they should be paid more than women in order to support their families (Loney, 2005).
Should the minimum age be raised? One very important controversy most people all over the world are dealing with involves money. There never seems to be enough of it. Minimum wage in the United States is approaching an all-time low. Some believe that raising the minimum wage would hurt people by making it harder to find jobs, when it actually will create more job opportunities for Americans.