Economic Environment of a Business
The objective of this work is to summarize the economic environment of a business including information relating to microeconomics, macroeconomics, and international trade aspects

The business organization is a "micro-economic unit" and the business environment is that which makes provision of the "macro-economic context within which firm operates." (eddy, ) The business environment can be categorized into the 'economic' and non-economic' and the 'micro- and macro-environment. (eddy,, paraphrased) The firm is an economic institution in a market system with the behavior of the firm reflecting the result of the decisions that were economic in nature that the manager of the firm made.

The economic environment of a business in today's globalized business society is complex in nature. There is an inherent link between the business sector and it relationship with the government, capital market, household sector and the international business sector -- all of which serve to influence…...

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References

Palwar, V.K. (2010) Economic Environment of Business 2nd Ed. PHI Learning Pvt. Ltd. Retrieved from:  http://books.google.com/books?id=hNBEId591wYC&dq=Economic+Environment+of+a+Business&source=gbs_navlinks_s 

Reddy, R.I. (2004) Business Environment. APH Publishing. Retrieved from:  http://books.google.com/books?id=NQv9vKgF_3MC&dq=Economic+Environment+of+a+Business&source=gbs_navlinks_s

00). This is below the EU, where they have a rating of 42 or a PPP of $32,500.00. (Czech epublic 2010) 1 When you compare the two numbers, the purchasing power is lower in the Czech epublic in comparison with the EU. This means, that labor costs are much lower in relation to the rest of Europe. When you put this together with the increases in the GDP over the last two quarters and the fact that the banking sector, was undamaged from the financial crisis; means the Czech epublic has outstanding opportunities for addressing the needs of the company. As the country's costs, the business friendly atmosphere and prudent practices of government policies are creating the ideal environment for a European call center to flourish.
isks

Despite the obvious advantages, there are risks of relocating to the Czech epublic the most notable would include: the underlying cost structure. While labor costs…...

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Reference List

1. Czech Republic, 2010, CIA World Factbooks. Available from

Economic Environment of the Diamond Industry in Mozambique and Tanzania
The Economic Environment of the Diamond Industry

In Mozambique and Tanzania

Both nations of Mozambique and Tanzania are among the poorest globally, with each supported through foreign subsidies and foreign direct investment (FDI) (Tanzania, 2011). The relative levels of poverty however have led to political unrest in Mozambique and diamond smuggling to Zimbabwe, where gems are in high demand in that nations' economy which is rampant with information today

(Latham, Katerere, 2011). Due to the strength of its mining operations in aluminum and abundance of natural resources however, Mozambique's GDP growth rate is expected to reach 8.3% in 2010 according to the CIA Factbook.

Tanzania is the 16th highest ranked producer of diamonds globally, having one of the highest quality of diamonds produced in their mining operations of any on the African continent (Macklem, 2003). Paradoxically however, Tanzania has a negative balance of Payments, far…...

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References

Sierra Leone: diamond king. (2000, January). The Economist, 354(8155), 46,52.

Laffin, Simon. (2000, January 4). Let's hear how mining companies are helping with power, roads and water: [London edition]. Financial Times, p. 14.

Latham, B., & Katerere, F.. (2011, January). Diamond Smuggling Thrives in Zimbabwe. Business Week,1.

Katherine Macklem. (2003, September). Diamonds with an edge. Maclean's, 116(36), 52.

economic environment, simply defined, Globalization is "a phenomena by which economic agents in any given part of the world are much more affected by events elsewhere in the world." (Wolf, 2004) Globalization also "refers to the process of increasing social and cultural inter-connectedness, political interdependence, and economic, financial and market integrations. Globalization makes alliances an integral part of a firm's strategy to better satisfy customers and to achieve sustainable competitive advantage." (Thoumrungroje and Tansuhaj, 2004) Technology has changed the way we work and live. The role of national governments in shaping domestic policies still matter. ut multinational organizations play a significant and often very critical role in influencing many of the decisions made by the government of countries all over the world. Liberalization policies implemented by governments have the ability to change the way business interactions take place. Markets and operations, these days, have been crossing geographical boundaries. Government…...

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Bibliography

Allen, Jodie T. "A Look Behind the Seams." U.S. News & Worls Report October 20, 2003: 41.

Marques, Joan. "Socializing a Capitalistic World: Redefining the Bottom Line." Journal of American Academy of Business 7.1 (2005): 283-88.

McCallion, Kenneth F., and H. Rajan Sharma. "Environmental Justice without Borders: The Need for an International Court of the Environment to Protect Fundamental Environmental Rights." The George Washington Journal of International Law and Economics 32.3 (2000): 351-65.

Millar, Carla CJM, Chong Ju Choi, and Stephen Chen. "Globalization Rediscovered: The Case of Uniqueness and "Creative Industries." Management International Review 45.121-128 (2005).

New Invention
Business Environment

Legal, Social, and Economic Environments of New Product Development

There are three basic forms in which of businesses can be organized: sole proprietorships, partnerships, and corporations. There are also many different versions of each form. For example, there are many different kinds of corporations. However, based on the scenario represented for the individual who has an idea for a product a sole proprietorship would most likely represent the ideal form for the individual to get started with and if the product does turn out to be a success then they could always reorganize the business later on. Although the individual has an idea for a product that he believes will be a success he does not have a lot of capital to launch a major product development campaign. Furthermore, although the economy is recovering, the external environment is still plagued with high levels of competition and many industries are…...

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References

BizFilings. (N.d.). Benefits of Create an LLC. Retrieved from BizFilings:  http://www.bizfilings.com/learn/creating-llc.aspx 

IRS. (2012, December 31). Limited Liability Company (LLC). Retrieved from IRS:  http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Limited-Liability-Company -(LLC)

The Wall Street Journal. (N.d.). How to Form an LLC. Retrieved from The Wall Street Journal:  http://guides.wsj.com/small-business/starting-a-business/how-to-start-an-llc/

Economics
UK Economy

An analysis of the latest figures for key economic indicators and the factors which have affected these indicators. This should include the figures for unemployment, inflation and economic growth.

Unemployment

The unemployment rate is a very important indicator of the overall health of the economy. Currently the unemployment rate is at 7.8% (Office for National Statistics, 2012). However, this figure does not affect the population equally. Different segments of the population have different employment rates. Furthermore, the unemployment rate does not include people that are not actively seeking employment. In the chart these people are considered to be "inactive." Another interesting item listed in the report is that the unemployment rate for the youth demographic was falling due to a record number of 16 to 24-year-olds being enrolled in some type of educational program.

Employment in the UK has suffered from recession. In 2008 there was a global recession in the United…...

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Works Cited

Financial Times, 2013. Question 3: Fiscal Policy. [Online]

Available at:  http://www.ft.com/cms/s/0/1115c770-545a-11e2-9d25-00144feab49a.html#axzz2IAShLpER 

[Accessed 1 January 2013].

Kirka, D., 2011. UK recession fears grow as manufacturing drops. [Online]

The composite raw materials of dry cell batteries and the ingredients in vitamins are equally available to any entity wishing to enter those markets. Moreover, there is little to distinguish the products of different manufacturers in those areas besides packaging and branding because the products themselves are essentially identical.
Many consumer services such as hair dressing and auto repairs also represent perfect competition scenarios because the barriers to entering the market are not very high and once in business, the prices commanded by individual proprietors are substantially dictated by prevailing market prices and the traditional dynamic of supply and demand.

Applying Saint Leo University Core Values to Economic Markets

In principle, the core values of Saint Leo University (and of Christianity, more generally) require us to be morally and socially responsible members of the human community. Furthermore, those core values also require us to serve our communities, to contribute to their strength,…...

Not only are they crucial for the movement of people, but they are crucial for the rapid movement of time-sensitive goods. Therefore the government has an interest in the survival of the industry. Government can and has involved itself through monetary policy in sustaining or resuscitating struggling airlines in order to maintain the overall strength of the industry.
Taxation is another area where governments affect the industry. This again relates to the tight margins, as taxation represents a key expense for airlines. Changes in the tax regime directly affect airlines' after tax profits. The government can encourage or discourage the industry based on its taxation policies. The IATA believes the airline industry to be more heavily taxed than some of its substitutes, and has an entire program to deal with the issue of taxation, highlighting taxation's relevance to the industry.

Another way in which fiscal policy can impact the industry is…...

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Works Cited

Pearce, Brian. (2008). Financial Forecast. IATA. Retrieved June 29, 2008 at  http://www.iata.org/NR/rdonlyres/DA8ACB38-676F-4DB1-A2AC-F5BCEF74CB2C/0/Industry_Outlook_Briefing_March08.pdf 

No author. (2008). The Industry Handbook: The Airline Industry. Investopedia. Retrieved June 29, 2008 at  http://www.investopedia.com/features/industryhandbook/airline.asp 

Flint, Perry. (2008). 2008 Forecast: Will the Luck Hold? Air Transport World. Retrieved June 29, 2008 at  http://www.atwonline.com/channels/dataAirlineEconomics/article.html?articleID=2174 

No author. (2008). Chief Characteristic of the Airline Business. Air Transport Association. Retrieved June 29, 2008 at http://members.airlines.org/about/d.aspx?nid=7955

Economic Shoelaces
Eco Footwear & Repair

Our Shoes' have Souls

Eco Footwear & Repair -- Business Model Proposal

Proposed Export Location: Chile

Proponent: Maria G. Lozano

The many firms in the footwear industry operate with an unethical and unsustainable business model. They utilize foreign sweatshops that often employ child labor. Furthermore, the industry is notorious for promoting product obsolesces and the products end up in landfills well before the end of their useful lives. Our mission is to revolutionize the current industry norms by producing products that are both environmentally and socially sustainable.

Situation Analysis

Export Marketing Plan

Market Screening

Export Marketing Strategies

orks Cited

Executive Summary

This project proposes to begin constructing the production facilities for Eco Footwear Repair. On a high level, the vision for the organization is to provide all the goods and services necessary to extend the useful lives of clients' shoes or footwear. This footwear industry is notorious for obsolescence; that is people generally do not keep their…...

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Works Cited

America News. (2011, March 15). Business Growth: South America. Retrieved April 21, 2011, from News of America:  http://amerivanews.con10.com/business-growth-south-america.html 

Badame, D. (2001). Planet Reebok. Retrieved April 21, 2011, from Rogivue:  http://www.rogivue.com/downloads/Planet%20Reebok.pdf 

Golder, P., & Tellis, G. (2010). Product Life Cycle. Wiley International Encyclopedia of Marketing.

Pfeiffer, M. (2010, February 1). How CSR is seen in Chile. Retrieved April 21, 2011, from CSR360: http://www.csr360gpn.org/magazine/feature/how-csr-is-seen-in-chile/

Economics
Growth The retailer sector was lately affected by the back-to-school shopping season, which did not start so well, as midprice department stores, discounters and specialty-apparel retailers announced disappointing sales results during August, which reinforced the already much debated concerns that consumers are not comfortable with the current state of the economy and are reluctant to consume, considering the shaky and uneven economic recovery.

However, luxury department-store chains managed to post significant earnings, as they benefited from the help of an important number of upscale shoppers. Still, the effects of higher gas prices and the rising value of grocery bills, combined with lackluster job growth were severely felt by moderate- and lower-income shoppers.

Michael Niemira, chief economist and director of research at the International Council of Shopping Centers feels that "There's weaker-than-expected performance," due to the fact that "there was a slowdown in spending, but some results are exaggerated by other factors,." Mr.…...

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References

1. Higher energy prices depress overall economy. Charles Stein.

Knight Ridder Tribune Business News. Washington:

Aug 6, 2004. On the Internet at  http://gateway.proquest.com.libproxy.unm.edu/openurl-url_ver=Z39.88-2004&res_dat=xri:pqd&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&genre=article&rft_dat=xri:pqd:did=000000674708321&svc_dat=xri:pqil:fmt=text&req_dat=xri:pqil:pq_clntid=2877 

2. Retailers' Sales Come In Weaker Than Expected; Soft Results Reinforce Fears About Consumer Confidence; Discounters Saw Biggest Hit. Kortney Stringer.

In fact, Brierly and Costello bring into the argument the three variables commonly associated with industry growth -- labor, Capital, and Technology. Brierly and Costello used time series regression to test each of these variables in order to determine which made the largest impact on state economic growth, while holding the caveat that states should be careful when considering these variables as they do not have much control over them. Brierly and Costello's results suggested that increasing labor had larger impacts on state economic development than increases in the other two variables. This conclusion is correct only for the short-term, however. In fact, Brierly and Costello's reasoning for their findings that neither increases in labor or technology result in economic growth for states because their investments are typically more "long-term" (Brierly and Costello).
Instead of simply relying on capital, however, ichard C. Feiock argues that non-traditional methods can be beneficial…...

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References

1. Trogen, Paul. Which Economic Development Policies Work? Determinants of State Per Capita Income.

2. Feiock, Richard. Development Policy Competition and Positive Sum Growth: Incentive Competition and it's Alternatives.

3. Bronson, Allen and Robert Costelb. Accounting for State Economic Performance: A Time Series Cross-Sectional Analysis of the Limits of State Economic Policy.

4. Wilson, James: An Institutionalist Take on State Activism in Economic Development: A Theoretical System.

New companies have the advantage of taking more risks and investing more in the research and development process, being interested in addressing less developed industries.
It is difficult for large cities like New York to attract such companies. The main reason for this situation is represented by the high costs of doing business in these areas. Even so, the city can counteract this problem by providing strong productivity opportunities that are determined by high human capital and relative wages.

The most important economic sector of New York is represented by the financial services sector, including finance, insurance, and real estate business sectors. The importance of this sector is reflected in its influence on jobs evolution and of the city's earnings. Therefore, the authorities have recognized the potential of this source of jobs and of earnings, and their interest in this sector must be translated in a series of incentive intended to…...

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Reference list:

1. Redlich, W. (2010). Economic Development Questions. Retrieved December 2, 2010 from  http://wredlich.com/ny/2010/09/economic-development-questions/ .

2. Orr, J. & Topa, G. (2006). Challenges Facing the New York Metropolitan Area Economy. Federal Reserve Bank of New York. Retrieved December 2, 2010 from  http://papers.ssrn.com/sol3/papers.cfm?abstract_id=886519&http://www.google.ro/search?q=new+york+economic+challenges&btnG=C%C4%83uta%C5%A3i&hl=ro&source=hp&aq=f&aqi=&aql=&oq=&gs_rfai= .

3. Parrott, J. (2010). New York City: Economic and Budget Challenges. Fiscal Policy Institute. Retrieved December 7, 2010 from  http://www.fiscalpolicy.org/FPI_Presentation_NYC_BudgetEconomicChallenges_20100520.pdf .

disrupting America's economic system is a fundamental objective of terrorists
Even as the world continues to struggle with the terrible shock from the September 11 attacks in New York and Washington, one principle lesson has already become clear: disrupting our economic system is a fundamental objective of terrorists.

Prior to September 11, our economic environment was certainly not immune to terror, in comparison to many other nations; we lived relatively terror-free. Now, however, the aftermath of the terrorist attacks serves as a grim reminder that international relations and security developments can dramatically affect economic performance.

US History is replete with countless examples when macro fundamentals are overtaken by what economists refer to as, exogenous shocks -- surprise events that can profoundly and often unpredictably shift political and economic resources, and send even the most accurate forecasts astray. Commodity shocks, such as the two OPEC jolts in the 1970s, are classic examples of this…...

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References

Bagehot, Walter. 1927. Lombard Street: A Description of the Money Market, John Murray, London.

Balbach, Anatol B. 1981. "How Controllable is Money Growth?" Federal Reserve Bank of St. Louis Review, vol 63, no 4, April, p. 5.

Becker, Gary S, Steven N. Kaplan, Kevin M. Murphy and Edward A Snyder. (2002 / winter). "The Economic Effects of September 11," GSB Magazine, University of Chicago's Graduate School of Business.

Bell, Stephanie. 2000. "Do Taxes and Bonds Finance Government Spending?." Journal of Economic Issues, Vol. 34, no. 3, pp. 603-620.

environment host country chose study. Discuss briefly political, economic, legal environment focus culture. Make present deeper levels culture, artifacts. HOFSTEDE'S DIMENSIONS .ID
Germany: Country analysis

Political environment

Germany is a parliamentary democracy. It is a multi-party system, which means that political parties must often share power to govern. It is currently led by Chancellor Angela Merkel, who became Germany's first female chancellor in 2009. Merkel is the leader of the center-right Christian Democrats (CDU). Merkel won a close election and serves as "chancellor in a 'grand coalition' involving the CDU, its Christian Social Union (CSU) allies and the centre-left Social Democratic Party (SPD)" ("Germany," BBC, 2012). Merkel has faced recent resistance from the Germany populace, who are growing increasingly discontented with the feeling that Germany is being forced to 'bail out' financially undisciplined members of the European Community, to preserve the EC in the wake of the meltdown of the Greek economy…...

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Works Cited

Crumly, Bruce. "In Paris and Berlin, fury over a Greek bailout." Time. 2010. [23 Mar 2012]

 http://www.time.com/time/world/article/0,8599,1964443,00.html#ixzz1psjPyZB3 

"Germany." BBC. [23 Mar 2012]

 http://news.bbc.co.uk/2/hi/europe/country_profiles/1047864.stm

Cost and CO2 reduction analysis were performed using local data available from both commercial and professional bodies. A majority of current thermal rating programs require the equipment to be tested in accordance to a standard test under specified testing conditions. This approach provides reliable data because it is possible to replicate such tests within an accepted uncertainty band. There are, however, some rating programs which combine a standard test and a calculation procedure to produce a performance rating. Such is the case for the energy guide label for electric and gas hot water heaters. A similar method has been developed to provide a practical rating system with the goal of presenting an easily understood comparison between SDHW systems and conventional hot water systems. Note that the performance any individual commercial enterprise will experience may differ due to location and hot water usage.
The thermal performance rating is based on the…...

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References

Abbasi, T., & a., a.S. (2011). Renewable Energy Sources . New Delhi: PHI.

BRE (2002), BREDEM-8 Model Description: 2001 Update, BRE, UK ? BSI (1989), BS5918:

British Standard Code of Practice for Solar Heating Systems for Domestic Hot Water,

Bradford, J. & Bean, F. (2011). 'Here comes the sun: a field trial of solar water heating systems.' The Energy Saving Trust. [PDF]

Original Thesis Statement:

In today's ever-evolving financial landscape, strategic investment decisions are paramount for maximizing portfolio growth and mitigating risks. By meticulously analyzing market trends, evaluating investment opportunities, and implementing a well-diversified approach, investors can navigate market volatility and achieve their financial goals.

Refined Thesis Statement:

In the dynamic and multifaceted world of investing, the judicious allocation of capital is crucial for achieving optimal portfolio performance. Through a comprehensive analysis of market conditions, the evaluation of potential investments, and the implementation of a prudent diversification strategy, discerning investors can navigate market uncertainties, mitigate risks, and maximize returns in the pursuit of their financial....

Mixed economies balance between government intervention and free market principles by utilizing a combination of both approaches to achieve economic stability and growth.

One way in which mixed economies balance government intervention and free market principles is through the use of regulations. Governments in mixed economies may implement regulations to ensure fair competition, protect consumer rights, and promote social welfare. At the same time, they also allow for market forces to determine prices and allocate resources efficiently.

Mixed economies also use fiscal and monetary policies to influence economic activity. Governments may intervene in the economy through taxation, government spending, and interest....

Different economic systems can have varying impacts on income inequality.

1. Capitalism: In a capitalist system, income inequality can be more pronounced as wealth tends to be concentrated in the hands of a few individuals or corporations. This can lead to a widening wealth gap between the wealthy and the lower-income individuals in society. However, proponents of capitalism argue that this system also provides opportunities for individuals to improve their income through hard work and entrepreneurship.

2. Socialism: In a socialist system, income inequality is typically reduced as the government plays a more active role in redistributing wealth through progressive taxation....

Financial managers can adapt their strategies to navigate the uncertainties of a rapidly changing economic landscape by:

1. Conducting frequent financial analysis and monitoring key performance indicators to stay informed about market trends and economic conditions.

2. Developing contingency plans and stress-testing potential scenarios to prepare for unexpected events and mitigate risks.

3. Diversifying investments and portfolios to spread risk and limit exposure to any single economic sector or asset class.

4. Maintaining a flexible and agile approach to decision-making, including being willing to adjust strategies and tactics as needed in response to changing economic conditions.

5. Building strong relationships with key stakeholders, such as....