Industry’s Dominant Economic Characteristics Market Size: Annual sales revenue and total volume. Scope of Competitive Rivalry: Local‚ regional‚ international‚ global Market Growth Rate: 2-3 percent annually Stage in Life Cycle: Early development? Rapid growth? Mature. Number of Companies in Industry: Lots of small companies or few dominant ones. EX: 110 plant locations and capacity of 4.5 million tons. Market shares range from a low of 3 percent to a high of 21 percent. Customers:
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As our nation’s economy has been declining and struggling to recover for nearly a decade‚ the finance industry has changed with the times. Payday lending and other short-term financing services are now mainstream funding options for many Americans. Despite the predatory practices and unreasonable interest rates‚ alternative funding sources are beginning to become the norm - including pawn brokers. Pawning personal items for quick cash is now so common that reality shows like Hardcore Pawn and Pawn
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1. What is payday lending? A type of short-term borrowing where an individual borrows a small amount at a very high rate of interest. The borrower typically writes a post-dated personal check in the amount they wish to borrow plus a fee in exchange for cash. The lender holds onto the check and cashes it on the agreed upon date‚ usually the borrower’s next payday. These loans are also called cash advance loans or check advance loans. 2. Do you think it fills a gap? I believe payday lending fills
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with answering the questions you have raised then follow with my hypothesis for research questions that you have presented. I believe that payday lenders have an amplified presence in my community. This leads me to answer your second question. I genuinely believe their presence is so extensive that these lending practices could be described as predatory lending due to the disadvantages they pose for my specific community. To place this into perspective. The Texas Tribune recently published an article
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1. What are the dominant economic characteristics affecting the payday lending industry? Payday lending became relevant because they were marketed to prevent and cover costs from bounced checks and overdraft protection fees‚ late bill payment penalties and other informal extensions of short term credit. When events happen in the economy it can impact the demand for consumer loans. For example‚ generally within the first quarter of the year consumers are receiving their tax returns. If there
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The Ethics of Predatory Lending in the Housing Industry The real estate industry is thriving with approximately sixty-eight percent of all Americans being homeowners. With low interest rates‚ 1st time home buyer down payment assistance programs‚ and government funded educational opportunities (i.e. the Home Ownership Center of Greater Cincinnati)‚ the real estate and mortgage lending industries will continue to flourish. However‚ there are some unethical lending practices that are threatening
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An Introduction to Securities Lending Fourth Edition Mark C. Faulkner‚ Managing Director Spitalfields Advisors An Introduction to Securities Lending Fourth Edition Mark C. Faulkner‚ Managing Director Spitalfields Advisors About the Author Mark Faulkner is Managing Director and co-founder of Spitalfields Advisors Limited. The company is an independent specialist consultancy firm and its focus is upon the provision of consultancy services to institutions active‚ or considering becoming
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EXECUTIVE SUMMARY Stagflation in US economy threatens outlook for the airline industry profitability. US airlines forecasting Q108 losses citing high fuel costs and a potential economic slowdown. Other regions of the world will expand such as Asia‚ Middle East and Latin America. Slowdown has already affected some US small-mid cap carriers with the recent onslaught of bankruptcies. US majors are better armed to combating the effects of the sharp increase in jet fuel. Cost reduction
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COMPREHENSIVE PROJECT REPORT On Indian Sugar Industry Submitted for the Partial fulfilment of the requirement towards the award of Degree of Master of International Business (MIB) Session 2010-2012 Submitted by: SOOBIAN AHMED 10-MIB-40 10-6537 Under the Supervision of: Prof. M.S. Lakshmi CENTRE FOR MANAGEMENT STUDIES JAMIA MILLIA ISLAMIA New Delhi-110025 CERTIFICATE OF COMPLETION This is to certify that Soobian Ahmed has completed his Comprehensive Project under
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What is the defining business and economic characteristics of the video game console industry? ① Intensity of competition: the competition in the video game industry is dramatically fierce.There are three largest companies in this industry‚ which are Nintendo‚ Sony and Microsoft. Additionally‚ lots of companies have relatively high level of strength‚ for example:high technology and meet the social trend‚ which are able to compete in the market place. ②Market size; the target market for the products
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