What is Reed’s Position in the Columbus market? How does a super market make money? Mans. Reed is considered as market leaders when it comes to product quality and they are high-end grocery store. Competition is present in the Columbus market with Reed’s market share distributed on multiple levels. Every part of the supermarket from parking lot to checkout counter is designed to make you […]

EVA is a way of measuring a firm’s profitability. EVA is NOPAT minus a charge for all capital invested in the business (Byrne 1). A more intuitive way to think of EVA is as the difference between a firms NOPAT and its total cost of capital (Kramer & Pushner 40). Stern Staurt’s numerical definition of EVA is calculated for any year by multiplying a firm’s […]

Discuss the economic advantages and disadvantages to the UK of participation in the European single currency (Euro). Will British businesses be better or worse off if the country decides to participate? Introduction of Euro in the world’s monetary union is a milestone. Eleven countries were going to create EMU at the beginning, now there is a long queue to join in EMU. Most of the […]

By reading Skidelsky’s article, he demonstrated a great explanation about the globalization and the future strategy for the world. According to this article, Skid sky analyzed the past financial recession influence to the world and the current world’s major issues in the world. In the Skidelsky’s article, he provided main arguments about globalization development after the collapse in autumn 2008. Before he provided a solution […]

There have been diverse views from various scholars on the meaning of economy. Of this various definitions includes; Economy is a term derived from the Greek word ‘OIKONOMOS’ which means “One who manages a home”. Even though the term Economy is derived from the Greek word, history has shown that the Babylonians and their neighbouring towns were the first to develop any form of economics […]

In the world Libya is noted to have the highest rate of unemployed citizens. In Nigeria we have the problem of unemployment it has become a major problem. Unemployment Rate in Nigeria increased to 23. 90 percent in 2011 from 21. 10 percent in 2010. Unemployment Rate in Nigeria is reported by the National Bureau of Statistics. From 2006 until 2011, Nigeria Unemployment Rate averaged […]

Microeconomic Measures of Development – The relationship between economic and social measures of development is direct and proportional. -Conversely, the relationship between social-economic and demographic variables is usually inverse. L. Education – A literate educated labor force is essential for the effective transfer of advanced technology from the developed to developing countries. – The problem in part stems from a national poverty that denies to […]

The policy of any country or individual or group of individuals to conduct business and induce growth in the GDP is known as its economic conduct- it has global impact by way of international trade, foreign exchange and fiscal policies too. Nowadays economic policies are increasingly governed and shaped by global factors and imperatives. So the overall situation is dynamic and ever changing Political conduct […]

For your Test on Thursday, study text chapters 1 thru 6. Potential questions include the following: Be able to define, explain the characteristics, and compare the differences between Economic Growth and Economic Development Tied to this question, or perhaps, as another potential question, be able to discuss the various reasons “why some countries are poor. ” Chapter 2 concerns itself with the problem of measuring […]

The Economist’s article published in 2004 which debated the merits of child labor and provided the next steps in reducing child labor is mostly correct in its assertions. Statistics have shown that more than 200 million children that are school-aged are working in third-world countries. These third world countries have the highest rates of child labor and most of these children work for no payment […]