effects of low interest rates on consumption and investment Dec 1st 2012 | from The Economist print edition WHEN interest rates hit double digits in the late 1970s‚ house-builders sent planks of wood to the Federal Reserve in protest. With rates stuck near zero‚ the protests now come from the opposite direction. The retired complain of a “war on savings”. The Fed cut rates to current levels at the end of 2008 and has promised to keep them there until 2015. Since 2008‚ personal interest income has plunged
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NOKIA CASE STUDY Presented by: Rica Beloy Co-Presentors: Karla Psalms Magno Dalsa Maamon Leo Masucol Brief History of Nokia In 1871 Frederick Idestam opened his second mill on Nokianvirta river which gave the name Nokia Ab in 1871. Nokia began with making paper-incidentally one of the first communication technologies. In 1898‚ Eduard Polon founds the Finnish Rubber Works‚ which later becomes Nokia rubber business ‚ making everyrhing from galoshes to tires. In 1912‚ Arvid Wickstrom
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SYMBIAN OS 90% of the CPUs in the world are not in desktops and notebooks. They are in embedded systems like cell phones‚ PDAs‚ digital cameras‚ camcorders‚ game machines‚ iPods‚ MP3 players‚ CD players‚ DVD recorders‚ wireless routers‚ TV sets‚ GPS receivers‚ laser printers‚ cars‚ and many more consumer products. Most of these use modern 32-bit and 64-bit chips‚ and nearly all of them run a fullblown operating system. But few people are even aware of the existence of these operating systems
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turn-out of pro-communist Berliners expressing admiration of Soviet Russia. The German economy was especially vulnerable since it was built upon foreign capital‚ mostly loans from America and was very dependent on foreign trade. When those loans suddenly came due and when the world market for German exports dried up‚ the well oiled German industrial machine quickly ground to a halt. As production levels fell‚ German workers were laid off. Along with this‚ banks failed throughout Germany. Savings
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Outline 1. Executive Summary 2. Purpose/Problem/Background 3. Facts Bearing on the Problem 4. Discussion 5. Conclusion 6. References 1. Executive Summary: The German automotive industry with about 720‚000 jobs is one of the biggest industries and dominant employers in Germany and one of the biggest automotive industries in the world (Herbst‚ 2009). With brands like Mercedes Benz‚ Volkswagen‚ Opel‚ BMW‚ Audi and Porsche this industry is major in car manufacturing and technology. According
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Opportunities in the Contemporary Business Environment Summary: In this paper is amid to review the performance of Nokia in Chinese mobile phone market since 2002. A literature review about marketing research models such as 4 Ps‚ Porter’s 5 Forces‚ SWOT analyses is carried out by the author. After that‚ this paper explained the changes of market environment in last decade with competitor analyses. In addition‚ the author evaluates the market mix of Nokia. Opinions of how well Nokia did in building a strong
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highest priority is structure‚ punctuality and privacy. German strives for perfectionism and precision in all aspect of their lives. They feel it is their duties to make sure the trains run on time. You will never witness one to admit it was their fault if something had went wrong. They do not have
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Increasing Student Interest in Science‚ Technology‚ Engineering‚ and Math (STEM): Massachusetts STEM Pipeline Fund Programs Using Promising Practices Prepared for the Massachusetts Department of Higher Education March 2011 Acknowledgements Increasing Student Interest in STEM Acknowledgements The concept for this report evolved from valuable conversations with the former Pipeline Director‚ David McCauley and from Program Manger‚ Keith Connors. Information in this report has been
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opinion‚ Threats is the most important overall because if there is no threats any more‚ companies will not be worried about the quantity of sales. For example‚ NOKIA (mobile phone)‚ if there is just NOKIA mobile exist in the mobile world without other types mobile companies like SONY ERICSSON or SUMSONG‚ then people definitely have to buy NOKIA due to it is the only mobile company. As if I were the CEO of a corporation‚ I would see Opportunities as the most important strategy when I used SWOT‚ because
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Serena Proeung English 111 Professor Holder Blood Pressure Have you had your blood pressure taken recently? If you see your doctor for your yearly checkup‚ you would notice that the first thing they would do is check your vitals. Taking your blood pressure is one of the first steps when taking your vitals. Blood pressure refers to the force of blood pushing against artery walls as it courses through the body .Although many of you may not think that pressure of the blood system is not such a fascinating
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