2. Why isn’t money consider a capital in economics? Capital is a physical asset‚ which can be used to produce goods and services. Money is related to capital‚ in that it can be used to purchase capital‚ but it is not itself capital. The distinction is important if you consider that money can be created or destroyed through the expansion or contraction of credit‚ but this does not create or destroy any real capital. Money is capital. Money is the most common form of capital. Raising capital money
Free Economics Macroeconomics Unemployment
to keep the shareholders happy. There are many laws in place that are supposed to keep the bad apples in check such as the Sarbanes-Oxley act of 2002 and GAAP. Changes like these acts are necessary to protect the current system. However‚ given the structure of firms today‚ the current system is the best one in place. Small changes may be
Premium Capital accumulation Stock Investment
Projection is of two types – forward and backward. It is a forward projection of data variables‚ which is named forecasting. By contrast‚ the backward projection of data may be named ‘back casting’‚ a tool used by the new economic historians. For practical managers concerned with futurology‚ what is relevant is forecasting‚ the forward projection of data‚ which supports the production of an event. Thus
Premium Forecasting Prediction Future
1.1 Current Childminding Legislation The following is an overview of the current legislation which has an affect on childminders‚ parents and children. Equality Act 2010 The act replaced previous anti-discrimination laws with a single act to make the law simpler and to remove inconsistencies. The act covers nine protected characteristics. The characteristics applying to home-based childcare include disability‚ race‚ religion or belief and gender. Childcare Act (2006) The act lays
Premium Law Data Protection Act 1998 Food safety
Title: TOURISM AND ITS CURRENT TRENDS INTRODUCTION : Started as a private initiative to promote the Philippines as a major travel destination‚ the Philippine Tourist & Travel Association was organized in 1950. In 1956‚ the Board of Travel and Tourist Industry was created by Philippine Congress. As stipulated in the Integrated Reorganization Plan in 1972 sanctioned as a law under Presidential Decree No. 1‚ as amended‚ the Department of Trade and Tourism was established‚ reorganizing the then Department
Premium Tourism
market for telephony services regulated? 4. Explain the concept of a “margin squeeze.” Outline DT’s argument for why its pricing practices do not constitute a margin squeeze. Outline the counter argument. 3. Conclusions 4. What is the current status of the firm(s). About Deutsche Telekom Deutsche Telekom is one of the world’s leading integrated telecommunications companies with more than 131 million mobile customers‚ 33 million fixed-network lines and over 17 million broadband lines
Premium Telecommunication Deutsche Telekom Telephone
fries? • Is the CFO correct in assessing that the main business of the company is to compete with other burger companies? • What do you think of the current suggested strategy that McDonald’s develop a healthy line because this will continue to attract people whose main demand is burgers and fries? • Do you think that the current socio---economic demographics will continue to positively react to the McCafe’s? What would you suggests as strategies or main strategy for Mc? I dont think there is
Premium Hamburger Nutrition French fries
Current Corporate-level Strategies Fedex emphasizes on employees being the main competitive advantage that they hold. Fedex strongly believes that there is a strong relationship between pay and performance. The year 2015 saw higher rewards given to its employees than 2014 due to their higher adjusted earnings (FedEx Annual Report‚ 2015‚ pg 4). Rewarding of employees is an important part of the Fedex culture as well as the People-Service-Profit philosophy. It is a well worked strategy because it enables
Premium Generally Accepted Accounting Principles Management Financial ratios
resources financially ‚ we as consumers are now faced with the choice of what to purchase and how much to purchase so that we may satisfy our appetite whilst still remaining well within our allocated budget. This scenario is basically the concept of economics’ placed into practice in one’s everyday life. To the average consumer purchasing products or goods that are relatively close to the product’s expiration date may seem risky‚ hazardous‚ life threatening to one’s health or to the more skeptical individual
Premium Marketing Price
Chapter 1 The Big Ideas in Economics Think of why some goods should be allocated by money while some not. Why demand curve is downward sloping? Two effects: 1.Substitution effect (dominent) 2.Income effect (small) The demand&supply curve can be read horizontally or vertically. You should be familiar with both ways of reading. Chapter 3 Supply&Demand Concepts: 1.A normal good: a good for which demand increases when income increases. An inferior good: a good for which demand decreases
Premium Supply and demand Costs Cost