Notes, abstracts, papers, exams and problems of Economy

Sort by
Subject
Level

Concept of education

Classified in Economy

Written at on English with a size of 8.94 KB.

Write your text here!Products and Services: 70% of the economy is services-based (90% of jobs) Characteristics of services: Intangibility (cant be seen or tested before bought), Variability (quality depends on who provides them), Inseparability (cannot be Separated from provider), Perishability (cannot be stored) Two-sided platform: Occurs when two user groups interact through an intermediary or Platform to the benefit of both parties, Advantages: inventory is owned By external sellers, service is provided by external sellers, service is Cost reduced, service process is largely simplified, Challenges to Grow: get pricing right, keep service standard high, one winner takes All competition (dominant), acquired by a larger competitor, Alternatives:
... Continue reading "Concept of education" »
Karma: 8%
Visits: 0

Understanding Knowledge Management and Decision Making

Classified in Economy

Written at on English with a size of 18.98 KB.

The Knowledge Management Landscape

- Knowledge management and collaboration systems are experiencing significant growth in corporate and government software investment.
- Research in knowledge and knowledge management has seen explosive growth in the fields of economics, management, and information systems.
- Knowledge management and collaboration are closely related, as knowledge needs to be communicated and shared to be useful.
- The production and distribution of information and knowledge are crucial in the information economy, with a significant portion of the labor force and GDP attributed to knowledge and information sectors.
- Many large business firms recognize the importance of knowledge management for their value creation and realize that

... Continue reading "Understanding Knowledge Management and Decision Making" »

Karma: 8%
Visits: 0

The Role of Marketing: Finding, Satisfying, and Persuading Customers

Classified in Economy

Written at on English with a size of 2.09 KB.

  • Finding and Satisfying Customer Needs and Wants

  • Converting Customer Needs into Wants

  • Advertising Promotional Activities (50% off, 2x1)

  • Maintaining Loyal Customers

  • Persuading Customers

Promotional Activities

Businesses use promotional activities to inform customers (potential) especially advertising, and intend to persuade them that something they want is a need. (Turning wants into needs)

  • Customer Base: Group of customers that companies sell to.

  • Market: All customers and consumers who are interested in buying a product and have the financial resources to do so.

  • Target Market: A particular group of consumers at which a product or service is aimed. It is identified by the company to be potential clients and consumers can be individuals or businesses.

... Continue reading "The Role of Marketing: Finding, Satisfying, and Persuading Customers" »
Karma: 8%
Visits: 0

Legal positivism" "meaning and scope of legal rules

Classified in Economy

Written at on English with a size of 3.88 KB.

The global logic of strategic alliences

One clear change of mind F

Globalization mandates alliences T
Properly managed alliences T
Glaxo pharmaceuticals created F
Alliences means sharing T
The need to share immense fixed T
No one can truly keep T
The approach to the developement T
You cannot manage a global company T
The glaxo alliance gave them access T
Buying a foreign company F
The glaxo allience was a strategic mistake F
With an allience there may be no formal T
The allience was terminated F
Project Management 1
A project is a problem scheduled Solution
A project is only done T
The function of cost may have 3
The most common reason for project failure Poor planning
A project usually does not conform T
A project´s cost is a function of performance Scope
Project
... Continue reading "Legal positivism" "meaning and scope of legal rules" »
Karma: 8%
Visits: 0

Mergers and Acquisitions: Forms, Synergy, and Financial Effects

Classified in Economy

Written at on English with a size of 3.2 KB.

CHAPTER 9: MERGERS AND ACQUISITIONS

1. The Basic Forms of Acquisitions

  • Merger or Consolidation
  • Acquisition of Stock
  • Acquisition of Assets

Merger vs. Consolidation

Merger

  • One firm is acquired by another
  • Acquiring firm retains name and acquired firm ceases to exist
  • Advantage – legally simple
  • Disadvantage – must be approved by stockholders of both firms

Consolidation

  • Entirely new firm is created from combination of existing firms

Acquisition

A firm can be acquired by another firm or individual(s) purchasing voting shares of the firm’s stock

  • Tender offer – public offer to buy shares
  • Stock acquisition
    • No stockholder vote required
    • Can deal directly with stockholders, even if management is unfriendly
    • May be delayed if some target shareholders hold out for more
... Continue reading "Mergers and Acquisitions: Forms, Synergy, and Financial Effects" »
Karma: 8%
Visits: 0

Understanding Consumer Rights and Legal Protection in Spain

Classified in Economy

Written at on English with a size of 4.38 KB.

Clients, Customers, and Consumers

  • Customer: A person who buys a product but is not a habitual client.
  • Client: A person who usually buys a product.
  • Consumer: A person who uses a product but does not necessarily pay for it.

Consumer Protection

Consumers are at the end of the distribution channel. A consumer purchases a product or service for direct use, not for reselling or for further production. The following stages in the distribution chain of goods from their production to the time they reach the end user.

The manufacturer is the party that makes the product. This is stage 1.

The wholesaler is the intermediary who buys products from the manufacturer and sells them on to the retailer. This is stage 2.

The retailer is the party who sells the product... Continue reading "Understanding Consumer Rights and Legal Protection in Spain" »

Karma: 8%
Visits: 0

Global Organization Design and Integration Strategies

Classified in Economy

Written at on English with a size of 8.47 KB.

T.11 1. Is

the organization design of the MNE a function of its strategy or vice versa? Is both a function of its strategy and its design also drives its strategy. The objective of organization design is to provide, maintain, and develop the organizational structure that works best toward the achievement of firm’s strategic objectives into workable assignments of rights, duties, and responsibilities for the various units and individual positions that make up the organizational apparatus. The structure can represent a constraint on the firm’s mode of operations and in turn on its strategic thinking.

2. If you

were a top manager in a subsidiary in Mexico, would you expect similar to subsidiaries in London in authority, knowledge flow, or strategic... Continue reading "Global Organization Design and Integration Strategies" »

Karma: 8%
Visits: 0

Effects of Money Supply on Interest Rates and Currency Values

Classified in Economy

Written at on English with a size of 2.76 KB.

Chapter 15

Which one of the following statements is the MOST accurate?

D) A rise in the average value of transactions carried out by a household or a firm causes its demand for real money to rise.

If there is initially an

B) excess supply of money, the interest rate will fall, and if there is initially an excess demand, it will rise.

Which one of the following statements is the MOST accurate?

D) An increase in the money supply lowers the interest rate while a fall in the money supply raises the interest rate, given the price level and output.

An increase in

E) real output raises the interest rate while a fall in real output lowers the interest rate, given the price level and the money supply.

The aggregate real money demand schedule L(R,Y)

D) slopes... Continue reading "Effects of Money Supply on Interest Rates and Currency Values" »

Karma: 8%
Visits: 0

Market Analysis: Current, Potential, and Objective Markets

Classified in Economy

Written at on English with a size of 2.73 KB.

Unit 2

1. Market Types: Understanding the Differences

Differences between the current market, potential market, objective market, and product-market.

  • Current market: The demand for a specific product.
  • Potential market: The maximum number of potential buyers.
  • Objective market: The market a company targets with its products.
  • Product market: Products regarded as substitutes.

2. Types of Markets Based on Competition

Types of markets according to the number of competitors.

  • a) Monopoly
  • b) Oligopoly
  • c) Monopolistic Competition
  • d) Perfect Competition

3. What is a Franchise?

What is a franchise? (Que es una franquicia?) A franchise is a contractual relationship that covers a wide range of service provisions, goods supply, leasing of a commercial name or brand on... Continue reading "Market Analysis: Current, Potential, and Objective Markets" »

Karma: 8%
Visits: 0

IFRS for SMEs: Understanding Key Concepts and Applications

Classified in Economy

Written at on English with a size of 2.97 KB.

IFRS for Small and Medium-Sized Entities (SMEs)

What are *not* the IASB's Objectives?

To strive for worldwide use of International Accounting Standards instead of national accounting standards.

What is the Primary Function of the IASB?

To develop and publish IFRS and strive for their worldwide use in general-purpose financial statements and other financial reporting.

What is the Primary Objective of IFRS?

IFRS sets out recognition, measurement, presentation, and disclosure requirements dealing with transactions and other events and conditions that are important in general-purpose financial statements.

What are the Major Differences Between IFRS and US GAAP?

Compared to US GAAP, IFRS are more principles-based, objective-oriented, and with emphasis on... Continue reading "IFRS for SMEs: Understanding Key Concepts and Applications" »

Karma: 8%
Visits: 0