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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Singapore economy set record in 2010 Singapore a small country with nearly 5 million people located in the south of Malay Peninsula‚ has been considered one of the most powerful global economies. Despite of the remarkable growth experienced during the period 2000-2007‚ in 2008-2009 coinciding with the financial crisis‚ the economy constrained causing a sharp deceleration in the GDP growth. Surprisingly‚ the country recovered so fast achieving an unprecedented growth of 14.8% in the year 2010. How
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European Tour Operators have managed to achieve a strong position in the tourism industry. The two biggest ones‚ TUI Travel and Thomas Cook‚ have a large market share. However‚ in the latter part of the decade‚ between 2007 and 2010 the industry has experienced a downturn because of the turbulent environment which was created new threats and modified the competitive forces. Political: Taxation Policies on travel methods by different countries has a large impact on the tourism industry‚ governments
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Introduction The macroeconomic environment that Starbucks operates in is characterized by the ongoing global economic recession‚ which has dented the purchasing power of the consumers. However‚ market research done in the last few months has indicated that consumers have not cut down on their coffee consumption and instead‚ are shifting to lower priced options. This means that Starbucks can still leverage the buying power of the consumers in a manner that would give it a significant advantage over
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ASSIGNMENT SPECIFICATION Course - Masters in Cloud Computing Module Title - International Management Module Code - BM 6914 (Full Time) Lecturer’s name -Dr. P.J Paul Assignment Title - Create an Individual Reflective Report Word Count -1512 words Student Name - Ravinder Pal Singh Sodhi Student Number - 1799195 Date of submission - Friday‚ 19th April. Introduction The individual reflective report reflects our team work
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Global Crisis‚ Recession and Uneven Recovery by Y.V. Reddy Book Review by Nidhi Choudhari There is enough on this earth to meet the needs of all‚ but not the greed of all. Mahatma Gandhi Why I picked up Y.V. Reddy’s Book??? There have been a large number of books published on current global financial crisis therefore; selection of this particular book on the subject requires some reasoning. First‚ there are not many books written by central bankers on the topic. Central banks have been central
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Employment Issues Extended Response Sheena Dickinson 10 Commerce 200 HRS 1 Mrs Baker & Mrs Smiths Employment Issues Extended Response Discuss how unemployment in Australia has changed in recent years. In the past 20 years‚ Australian unemployment rates have continuously been changing‚ increasing and decreasing in accordance to the Australian economy. Unemployment generally reaches its highest percentage during times of economic recession‚ and even higher during economic depression. To
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Artjom Jekimtsev Bovis homes group PLC‚ a leading UK house builder‚ had to review its corporate plans as a result of the recession and major cuts in government spending on building projects. Gives the high level of change in economic and political environments‚ is there any point in corporate planning? Justify your answer with reference to the house building industry and/or other organisations or industries you know that have been affected by such changes. (40 marks) Post 2007‚ global economy
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Bishops | The World Around The 1600’s | Essay Topic: Were The Dark Ages Really So Dark? | | Aidan Bizony | 29-Jan-13 | Were the dark ages really so dark? It was first used when people began to see a contrast between the brilliance of Europe during the time of Roman Empire‚ the “light” period‚ and the sudden deterioration during the centuries after the collapse of Rome. Throughout the time of Roman occupation in Europe‚ the European economy and culture were thriving. However‚ when the Empire
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1) Doosan is a South Korean company that has purchased parts of the Ingersoll Rand‚ line of Bobcat equipment for the price of 4.9 billion. The company they formed I the U.S as a result of this purchase is known as Doosan Infracore International or DII. The Doosan name is well known in Korea but not in the U.S. The Doosan brand has been around in Korea for over 100 years. The companies they own include those involved with the production of machines construction equipment as well as restaurants and
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