As the world has become smaller, not the actual size but as countries become more and more connected through globalisation there are many advantages and disadvantages that arise. As a starting point I will name just a few advantages and disadvantages. One advantage can be seen as that many country’s exports and imports have become easier to transport which means the production of goods and rendering of services has become more efficient which means the end product will be cheaper to purchase for…
Without this organization, probably policies would have not been enough to resolve the financial difficulties. The Fund is operating through the Norges Bank as an investment bank that enables Norway to generate high level of income independent from non-renawable sources. According to Jafarov, et al (2007), The Fund was established as a tool to support prudent management of Norway’s petroleum wealth. One purpose is to shield the non-oil economy from price fluctuations. The Fund…
Neoliberalism and political economy Neoliberal political economy is another form of economy within the capitalist mode of production and replacing the Keynesian welfare state with pro corporate state. Post Soviet Union disintegration; most of the state adopted willingly and some places forcibly implemented the neoliberal economy. The neoliberal economy unlike the previous capitalist model came with more unprecedented development advanced information technology and promoting aggressive…
On the strength of this growth, the government identified the information technology enabled services (ITES)/BPO sector as a key-contributor to economic growth, and offered them benefits like tax holidays, previously enjoyed by the software industry. In 1999, after the deregulation of the telecom industry, national long distance and international connectivity also became open to competition. India's success as an outsourcing destination was…
Adding the risk-free government securities would result in a lower beta for the new portfolio. The new portfolio beta will be a weighted average of the individual security betas in the portfolio; the presence of the risk-free securities would lower that weighted average. q. The comment is not correct. Although the respective standard deviations and expected returns for the two securities under consideration are equal, the covariances between each security and the original portfolio…
finished goods, work in progress etc. it is one of the most significant assets of the business and needs careful attention and control. If the value of Inventory at the end of the year is inflated, profit will be also inflated resulting in to higher tax ability and also balance sheet not showing true and fair financial…
Benefits of direct marketing: Buyers • Home shopping- fun, convenient and hassle free, time saving, larger variety. • Comparative shopping possible- browsing through online catalogues. • Somebody else other than buyer can order goods. • Business customers- learn about new products & services- time saved in meeting sales people. Sellers • Buy mailing lists- any group : left handed, overweight, millionaires • Personalize and customize the messages- build continuous relationship with…
Unfortunately, some companies have mismanaged their greatest asset—their brands. This is what befell the popular Snapple brand almost as soon as Quaker Oats bought the beverage marketer for $1.7 billion in 1994. Snapple had become a hit through powerful grassroots marketing and distribution through small outlets and convenience stores. Analysts said that because Quaker did not understand the brand’s appeal, it made the mistake of changing the ads and the distribution. Snapple lost so much…
Even before Claussen began pushing his architectural vision, others were busy designing the inner workings of the plant. Jan Knau, an engineer, was only 27 when he was asked to come up with a flexible assembly line for the factory. Knau, then just a junior associate, contacted BMW’s top 15 assembly engineers. He invited them to a two-day workshop at a BMW retreat near the Austrian Alps. After a series of marathon sessions that included discussions of every facet of the ideal assembly line, Knau…