NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
Read More

The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS This research presents the results of an economic analysis of the steel industry in the United States. These results are presented in discussions related to (1) market structure, industry concentration, barriers to entry, the ability of the industry to control prices, non price competition within the industry, and the effects of foreign competition on the industry, the impact of government on these factors, (2) market segmentation, (3) the incorporation of new technologies and managerial innovations into the industry, and (4) industry profitability. Market Structure, Industry Concentration, Ability to Control Prices, Non Price Competition, Foreign Competition, and Effects of…
Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
Read More

Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
Read More

Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
Read More

The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS This research presents the results of an economic analysis of the steel industry in the United States. These results are presented in discussions related to (1) market structure, industry concentration, barriers to entry, the ability of the industry to control prices, non price competition within the industry, and the effects of foreign competition on the industry, the impact of government on these factors, (2) market segmentation, (3) the incorporation of new technologies and managerial innovations into the industry, and (4) industry profitability. Market Structure, Industry Concentration, Ability to Control Prices, Non Price Competition, Foreign Competition, and Effects of…
Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
Read More

Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
Read More

Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
Read More

The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS This research presents the results of an economic analysis of the steel industry in the United States. These results are presented in discussions related to (1) market structure, industry concentration, barriers to entry, the ability of the industry to control prices, non price competition within the industry, and the effects of foreign competition on the industry, the impact of government on these factors, (2) market segmentation, (3) the incorporation of new technologies and managerial innovations into the industry, and (4) industry profitability. Market Structure, Industry Concentration, Ability to Control Prices, Non Price Competition, Foreign Competition, and Effects of…
Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
Read More

Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
Read More

Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
Read More

The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS This research presents the results of an economic analysis of the steel industry in the United States. These results are presented in discussions related to (1) market structure, industry concentration, barriers to entry, the ability of the industry to control prices, non price competition within the industry, and the effects of foreign competition on the industry, the impact of government on these factors, (2) market segmentation, (3) the incorporation of new technologies and managerial innovations into the industry, and (4) industry profitability. Market Structure, Industry Concentration, Ability to Control Prices, Non Price Competition, Foreign Competition, and Effects of…
Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
Read More

Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
Read More

Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
Read More

The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS This research presents the results of an economic analysis of the steel industry in the United States. These results are presented in discussions related to (1) market structure, industry concentration, barriers to entry, the ability of the industry to control prices, non price competition within the industry, and the effects of foreign competition on the industry, the impact of government on these factors, (2) market segmentation, (3) the incorporation of new technologies and managerial innovations into the industry, and (4) industry profitability. Market Structure, Industry Concentration, Ability to Control Prices, Non Price Competition, Foreign Competition, and Effects of…
Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
Read More

Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
Read More

Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
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The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
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Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
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THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

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Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
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Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
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Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

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Read More

Asian Entrepreneurs

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Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
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The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

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Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

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Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
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Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
Read More

Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
Read More

The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

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Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
Read More

Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
Read More

Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
Read More

The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS This research presents the results of an economic analysis of the steel industry in the United States. These results are presented in discussions related to (1) market structure, industry concentration, barriers to entry, the ability of the industry to control prices, non price competition within the industry, and the effects of foreign competition on the industry, the impact of government on these factors, (2) market segmentation, (3) the incorporation of new technologies and managerial innovations into the industry, and (4) industry profitability. Market Structure, Industry Concentration, Ability to Control Prices, Non Price Competition, Foreign Competition, and Effects of…
Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
Read More

Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
Read More

Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
Read More

Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
Read More

NEW ZEALAND’S ECONOMIC POLICY 1984-1988

NEW ZEALAND'S ECONOMIC POLICY 1984-1988 THE EFFECTIVENESS OF NEW ZEALANDÆS ECONOMIC POLICYù1984-1988 This research examines the effectiveness of the economic policy of the government of New Zealand during the 1984-1988 time period. Labour Party dominance has been traditional in New Zealand, although a National Party (conservative) government ruled from 1975 to 1984. The government in power in the 1984-1988 period was a Labour Party government headed by Prime Minister David Lange (of Scottish heritage, with a name given the Scottish pronunciation of Long-ee). The Minister of Finance during the second-half of the 1984-1988 period was Roger Douglas, a major player in the economic events of the day. The New Zealand…
Read More

The American Economy in 1999

The American Economy in 1999 In today's world, no nation exists in economic isolation, a fact which necessitates that this analysis consider the American economy in its global context after the beginning comments which focus on the more traditional macroreconomic indicators that are used in determining the viability of the American economy. The Council of Economic Advisers (CEA) forecasts 2.3 percent growth through 2002. Generally, both the Federal Reserve Board and the Congressional Budget Office agree with this assessment (Bluestone & Harrison, 1997, 60). The year 1999, the last of the 20th Century, is forcing American economic theorists to completely reevaluate almost every aspect of traditional economic thinking, including reliance…
Read More

Providing Financial Information to Bankers

Providing Financial Information to Bankers TO: Ms Connie Rocha Aunt Connie's Cookies SUBJECT: Recognizing Future Income from Firm Orders RE: Your Request for Advice on Demonstrating Financial Strength to Bankers Your business, Aunt Connie's Cookies, is in a strong financial position considering the size of the business (dollar volume of sales), and your current balance sheet demonstrates the financial strength of the business. The balance sheet reflects an equity position that equals approximately 87 percent of the firm's total assets. Additionally, inventory and prepaid expenses account for approximately 23 percent of total assets. The company's cash position is exceptionally strong (approximately 39 percent of total assets). Your are correct, however,…
Read More

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS

THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS THE STEEL INDUSTRY: AN ECONOMIC ANALYSIS This research presents the results of an economic analysis of the steel industry in the United States. These results are presented in discussions related to (1) market structure, industry concentration, barriers to entry, the ability of the industry to control prices, non price competition within the industry, and the effects of foreign competition on the industry, the impact of government on these factors, (2) market segmentation, (3) the incorporation of new technologies and managerial innovations into the industry, and (4) industry profitability. Market Structure, Industry Concentration, Ability to Control Prices, Non Price Competition, Foreign Competition, and Effects of…
Read More

Changes in United States Crude Oil Prices Over Time: 1972-1996

Changes in United States Crude Oil Prices Over Time: 1972-1996 AN ANALYSIS OF CHANGES IN UNITED STATES CRUDE OIL PRICES OVER TIME: 1972-1996 This research analyzed the price of crude oil in the United States over time. The findings of this analysis are presented as follows: (1) definition of the product; (2) nature of the product; (3) major competitors; (4) other factors relevant to the price of the product; (5) specification of variables for the analysis; (6) results of the statistical analysis; (7) forecasts based on the statistical model; and (8) limitations of the forecast. The product for which prices are analyzed in this study is crude oil sold in…
Read More

Mikhail Gorbachev’s Economic Initiatives

Mikhail Gorbachev's Economic Initiatives In March 1985, Mikhail Gorbachev was elected General Secretary of the Communist Party of the Soviet Union (CPSU) Central Committee, and Chairman of the Union of Soviet Socialist Republics (USSR) Council of Defense. He was, at that time, already a member of the Presidium of the USSR Supreme Soviet. In the somewhat more than four years that he has been the nation's leader, he has introduced far reaching social, political, and economic initiatives. The economic initiatives are the focus of this research study. In examining the contemporary economic developments in the Soviet Union, several factors must be considered. First, economic initiatives of Gorbachev are not unprecedented…
Read More

Raising Capital

Raising Capital Companies have two methods which they can use to raise capital: they can borrow funds from banks or other investors (debt financing), or they can offer shares in their operations (equity financing). When companies offer shares to the public, they are inviting investors to participate in the operation of the company and share in the risk--and the reward--of the company's activities. Small companies are often very close to their investors, with major stockholders often serving as key executives in the firm. Once a company issues stock, however, it loses control of that ownership. Individuals can sell the stock to each other without the company's permission, and some investors…
Read More

Airlines and Customer Service Challenges

Airlines and Customer Service Challenges Airlines and Customer Service Challenges On April 23, 2001, Newsweek Magazine featured on its cover, and devoted many pages inside to a story entitled "Why Flying is Hell". The story began, "Clogged runways. Long lines. Endless delays. Canceled flights. From airlines and passengers to airports and the FAA, there's plenty of blame to go around. It's time to get past the finger-pointing and look for real solutions," (Bryant, 2001, Online). That is the approach that this paper will attempt. It is easy to quote studies and surveys that place the blame squarely on airlines, or pilots, or air traffic controllers, or cities that vote down…
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Asian Entrepreneurs

Asian Entrepreneurs The notion of entrepreneurship was first introduced by Richard Cantillon and later popularized by the French economist J.B. Say in the early 1800s. The term "entrepreneur" originally referred to "merchant wholesalers who bear the risk of reselling agricultural and manufactured produce" (Moon, p. 31). Later, the term came to describe the individual who "shifts economic resources out of an area of lower and into an area of higher productivity and greater yield" (Moon, 31). Entrepreneurship, in recent years, as the process of globalization has expanded, has taken on new significance in that the connection of culture to entrepreneurship is now being recognized (Begley and Tan, 537). Begley and…
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Restrictions on Interstate Banking

Restrictions on Interstate Banking Restrictions on Interstate Banking with regard to Branching and Bank Holding Companies This paper will discuss the various restrictions imposed by federal law on interstate banking with regard to branching and bank holding companies. The first part of the paper will examine the federal laws concerning branching activities by banks and how they are affected by the McFadden Act. The second part of the paper will look at the regulation of bank holding companies with regard to interstate expansion by the Douglas Amendment to the Bank Holding Company Act. The third part of the paper will discuss some of the antitrust ramifications of interstate branching and…
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