Article : Impact of Recession on IT industry in India Author : Dr. Kotkar S.N. Abstract A recession is a contraction phase of the business cycle. The effect of recession is on all sectors but the main effect is on IT industry. In that mainly related to lob loss and unemployment. There are also some remedies on recession which helps to become a stable in the market. This paper presents the reasons of recession‚ impact of recession on IT industry in India and remedies on recession. Keywords:
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characteristics of the UK economy‚ fiscal‚ monetary and competition polices can impact on an organisation. Within this report I hope determine in detail all the characteristics of the UK economy‚ government fiscal and monetary policies and how each one effects on the Tesco PLC organisation. I plan to give a clear and comprehensive look into each of the factors which build the UK economy and analyse and evaluate with strong evidence of application to theory throughout the report. The UK subscribes to a
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Cost of terrorism – Effect of the September 11 attacks on tourism industry: 1The total economic impact of 9/11 is realistically immeasurable; however the world travel and tourism council has estimated the decrease of the travel and tourism demand world wide to be 10%. 2Job loss of 8.8 million people globally including airlines‚ hotels‚ tour operators‚ car rental and credit card companies‚ creating a 1.7% decrease of total GDP for the world economy. Terrorism is an inhuman act which is
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interconnectedness between various parts of the world. It is a process through which diverse world is unified into a single society. Globalization touches almost all spheres of human life; social‚ economic‚ political‚ cultural‚ environmental. Economic impact: Positive Impact: 1. Trade with other countries tremendously increased. Exports and imports boomed due to opening up of trade markets. 2. Global food chain / restaurants 3. Liberalization of Indian markets for foreign players. This has increased the inflow
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What are the positive impacts? Are there negative impacts? Since the inception of the ADA in regards to working‚ there have been many positive/negative impacts. For example‚ the employment opportunities improved among individuals with disabilities. Although this may be true‚ the employment opportunities for those with disabilities are still less than those without. The ADA has even raised awareness about people working with disabilities in the workplace. Also‚ employment discrimination has been
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India during the ’great recession’ India during the ‘Great Recession’ Introduction: Economists called the financial crisis of the 2007 - 2009 as the “Great Recession”‚ since it is a critical factor and vital cause for the failure of many businesses and significant influencer that has worsened many economies. After US busted out the housing bubble‚ this raised the rates of sub-prime and mortgage rates. India‚ the country which is fully an export driven economy like many other countries‚ the GDP
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Paper Presentation On Impact of Recession in American Economy on India By: S.Karunya Abstract: The recession in the US market and the global meltdown termed as Global recession have engulfed complete world economy with a varying degree of recessional impact. World over the impact has diversified and its impact can be observed from the very fact of falling Stock market‚ recession in jobs availability and companies following downsizing
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Global recession and its impact on Pakistan economy Presented by HASSAM TARIQ Abstract There has been speculation that American would lead global recession and it could impact the global economy. IMF also predicted that in 2008 global growth would fall from 4.9 percent to 4.0 percent. US economy suffered thousands of layoffs and the biggest retail sales dip on record. Strong economies as that of UK‚ Germany‚ France and the new emerging one’s like China and India also fell pray to this recession
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Business English group 1. Modulation Group Members. Gergö Ezter Chistina Fatou Dominic Topic: Climate Change and its Impacts on Tourism This report reviews the impacts of climate change for a wide range of international holiday destinations visited by UK tourists. Tourism as an industry is increasing in both volume and economic importance. Several places‚ that only a few years ago were inaccessible‚ are now becoming very popular holiday destinations. However‚ the ecosystems of many
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Positive Effects of Tourism in Developing Countries BY Ruby P. Autor School of International Hospitality Management WCC Antipolo‚ Rizal October 15‚ 2012 Introduction Tourism has been increasingly viewed as an alternative approach in economic and environmental development as well as in the aspect of social and cultural in developing countries. Combating poverty is probably the most leading problem that most of the countries in the world especially
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