International Business – Essay Questions 1. Gini Coefficient: The gini index is a measure of statistical dispersion‚ a measure of the inequality of a distribution‚ 0 being total equality and a value of 1 maximal inequality. It is most commonly used in economics to assess the inequality of wealth or income‚ but is also used in other fields such as health‚ science‚ ecology‚ chemistry and engineering. Gini coefficients range from 0.23 (Sweden) to 0.70 (Namibia)‚ but not every country has been assessed
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Macroeconomics: we are interested as the economy as a whole. Week 1: DAY ONE Overview: 1) Short run issues a. What explains SR fluctuation in the economy? (Business cycle‚ Recessions‚ Boosts‚ etc.) b. Government policy (monetary and fiscal policy) c. Price level fluctuations d. Interest rates 2) Long Run issues a. What explains LR economic growth? GDP: Gross Domestic Product 1) Definition: the market value of all newly produced final goods and services within an economy over a given period of time
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how to become a president of the united states The office of the president of united states has been one of the most important and serious jobs. If you would like to become one then you should follow these few simple steps to see if you can be qualified. First of all the constitution points out in article two that you have to be a natural born USA citizen‚ which means I can’t become president. The second rule is to be at least 35 years of age. And lastly but not least‚ you have to have lived in
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new relationships in India‚ which may be hard to deal with. There is nothing wrong with outsourcing the company though. Jobs will be lost for Americans and they will not be happy with that but the company will be happy because you save them a lot money by outsourcing. The thing that is morally wrong is if you listen to some of your friend and decide to “cook the numbers” and lie to the company‚ which can in time can lead to you losing your job. On the other hand you may lose your job anyways when
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! equipment ! plant accounts payable ! ! fixed assets long-term liabilities long-term debt ! total shareholders equity stock ! retained earnings ! total assets x total liabilities + equity x Figure 2 example of a balance sheet Financial snapshot: 1 moment in time Assets against the claims Liability: obligation to deliver something of value in the future Equity: difference between assets and liabilities Liquidity: speed at which an item can be turned into cash
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Chapter 3- Emphasizing Cultures‚ Ethics and Norms Learning Objectives 1. Where informal institutions come from? 2. Define culture- 4 main categories (language‚ religion‚ social structure‚ education) 3. Cultures systematically differ from each other 4. Importance of ethics and combating corruption 5. Norms with strategic responses when forms deal with ethical challenges 6. Debates- culture‚ ethics and norms 7. Implications for action Opening Case- Cartoons that Exploded Sep 2005- ‘Jyllands
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why countries engage in international trade This article at explaining why countries engage in international trade. Now days it is not uncommon to find that the main objective of a trade policy of almost all countries is to promote international trade. Countries have gone ahead to engage in trade negotiations all in the interest of enabling international trade. But then‚ why do countries engage in international trade? Why are there global attempts to liberalize international trade rather than promote
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THE FUNDAMENTALS OF INTERNATIONAL BUSINESS 1- The fundamental of international biz Object: product for exchange (tangible; intangible) - Tangible: something we can touch or use it immediately (furniture‚ electronic appliance) - Intangible: trademark intellectual propriety right 2- Main part: people who conduct a biz exchange 3- Biz activities: Transfer of cargo and its ownership (buy your own car) or right of use (be a diver). International Biz law Role: it is to adjust the biz relationships
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class International Business Studies I have written this report. The report you’ll see in front of you is the work of 10 weeks research. For this unit I’ve been asked to plan the set-up of a small business in my local area. Starting a business involves planning‚ making key financial decisions and completing a series of legal activities. Task 1 (P1) 1.1 Present the initial business idea
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The Economic Benefits of Legalizing Marijuana In 2007‚ the American economy took a downturn known as the recession. People began looking for a quick fix to our nation’s economic problems and one fix may be right in front of us‚ with the legalization of marijuana. The debate about legalizing marijuana has been going on for the last decade with no end in sight. Politicians‚ economists‚ and everyday people cannot come to an agreement over this growing issue. Today economists still converse over
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