Italy is facing strong imbalances on a macroeconomic point of view‚ and that requires special policy actions in order to restore an economic balance in this country‚ currently struggling in an economic crisis. The main problems are the huge public debt held and the lack of external competitiveness. Both those problem are originally caused by the extremely slow economic productivity growth of the country. Given the fact that the Italian economy has a relatively important role in the European economy
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may want to diversify and provide a critical assessment of the economic validity of their reasons for diversifying. Abstract Despite the different degree of competitions and the level of development in the market across the various types of industries‚ most firms are continuously and consistently looking for ways and opportunities to enhance their ability to grow or even to just maintain sustainability and survival in the industry. Firms carry out diversification such as developing new lines and
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The Global Airline Industry Student: Stefano Zanini Student code: 21233218 Module code: AT502 Module Co-ordinator: George Georgiou Essay written in: The airline industry consists of transportation services via flights for passengers or freight. Airlines may lease or own an aircraft to provide these services‚ in the meantime they may combine the services with that of another airline for mutual benefits. Airlines in the industry
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Oil Crisis and its impact The international oil prices have a direct impact on the Indian economy as the country imports 80 percent of its crude requirements. A rise in global oil prices by $ 10 per barrel would reduce India’s economic growth by 0.2 percentage points and also affect the country’s current account deficit. India imports three quarters of its annual oil and gas requirements‚ with the Middle East and North Africa regions contributing to a substantial chunk of it. India’s import bills
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What is the global financial crisis‚ and who is it a crisis for? 1.0 Introduction The global financial crisis broke out in 2008 was most serious since the 1930s‚ it deeply affected various aspects and brought significant losses. Analyzing what is the global financial crisis‚ and who it is the crisis for has a important practical significance. 2.0 Causes Reasons for the outbreak of the global financial crisis are reflected in the following aspects. 2.1 Real estate bubble The global financial
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largest 4 firms in an industry. Formula: CR4= Σ4i=1 si Calculation: (11‚834‚883 + 3‚845‚900 + 3‚696‚800 + 3‚650‚647) / 44‚582‚621 = 0.5165292996 = 0.516 (3dp) =51% Analysis: As the four firm concentration ratio is >50% this insinuates that this market structure is that of an oligopoly. Calculating the Herfindahl-Hirschman Index (HHI) Definition: The HHI is a concentration measure based on the sum of the squared market shares of all the firms in the industry. Formula:
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Human resource departments exist to help people and organizations reach their goals. To do this‚ they face many challenges arising from the demand of the employees‚ the organization and the society. The domestic and international environments are particularly turbulent because of the growing diversity of the workforce and the globalization of business. The human resource department must contribute to the organization’s structure in ways that are both ethical and socially responsible. Human resource
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Topic Learning Guide Aviation Safety Systems TOPIC 2 SAFETY MANAGEMENT SYSTEMS Safety Management Systems in the Aviation Industry Introduction This topic area covers the second and third sessions. Now that some of the basic terms and concepts associated with safety management systems and risk management have been discussed‚ it is important to outline what a safety management system encompasses‚ and the benefits it can bring when implemented and maintained within an organisation such
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International Research Symposium in Service Management ISSN 1694-0938 The Impact of the Global Financial Crisis on the Mauritian Financial Services Sector Aleesha Mohamudally-Boolaky University of Technology‚ Mauritius La Tour Koenig‚ Pointe aux Sables E-mail: aboolaky@umail.utm.ac.mu Indranarain Ramlall University of Technology‚ Mauritius La Tour Koenig‚ Pointe aux Sables E-mail: ramindra0001@yahoo.co.uk Abstract Le Meridien Hotel‚ Mauritius‚ 24-27 August 2010 1 International
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today’s business world‚ any company must analyse and utilize the use of suitable management tools‚ in order to succeed‚ and ultimately secure a desired profit. Two methods of analytical tools have been studied and are constantly used in the airline industry. The first is PESTE‚ which is a methodology based upon variables of the context sketching out the scenario existing in the environment in which the airline organization operates. This is an analysis‚ the purpose being to identify which variables
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