Role Of Mathematics in Business & Economics Introduction: Mathematics have been one of the primary elements of business and economics since ancient times‚ when farmers had to count the animals in their possession and merchants had to have a clear picture of their goods’ value. With the introduction of money as the universal legal tender‚ all goods acquired a numerical value‚ making math calculations even more important. Furthermore‚ in the competitive global market environment of today‚ businesses
Premium Mathematics Economics Business
Assignment 2: International Market Entry and Development Jimmy Green Professor Williams November 28‚ 2011 1. Explain the process for market research to assess foreign market potential. The first step would be to identify the problem‚ which is the buyer‚ in this foreign market potential. Figuring out the cultural differences and the different wants/demands of the customers is key in determining how well your product/service will do in this foreign market Kumar‚ V. (2001).After
Premium Marketing
In 1901‚ Nigeria officially became a British dominion. This became the downfall of the beautiful country. It is imperative to learn about this in order to understand why Nigeria is in the state that it is. We need to be able to comprehend the strides taken to break free from Britain’s rule. We need to be able to acknowledge the consequences of imperialism‚ and the effect it has on those involved. In this paper‚ the question of how Nigeria gained its independence from Britain will be answered‚ as
Premium British Empire Colonialism Nigeria
The role of banks in economic recessions 05.05.2009 In today’s wavering global economic context‚ the word `crisis` is omnipresent‚ taking the media by assault and infringing into the population’s daily life‚ although many countries haven’t even officially entered recession yet. Although recession is generally referred to as a negative Gross Domestic Product growth for a period of at least two consecutive quarters‚ other important economic
Premium Monetary policy Inflation Recession
Economic development flourishes our life，but our environment is deteriorating with the growth of the economy. The present serious environmental problems are largely caused by rapid economic development. For example‚ land resource are shrinking because of industrial environment and the expansion of cites. We excessively exploit nature and ecology‚ which is threading future generation. We shouldn’t sacrifice environment to develop economy‚ because if we sacrifice the environment for economic development
Premium Pollution Natural environment Environmentalism
Introduction Development‚ be it social‚ economic and/or environmental‚ has to be understood as an inherently political process of people claiming basic rights to manage the resources their lives depend on. In principle‚ everyone should be involved. Managing the inherent complexity requires a process of comprehensive engagement and negotiation with a broad range of stakeholders and the conscious and strategic acknowledgement of their divergent values and interests‚ needs and expectations. This paper
Premium Management Learning German language
THE IMPACT OF THE AGRICULTURAL SECTOR ON NIGERIA ECONOMIC GROWTH PERFORMANCE (1980-2009) ABSTRACT The study set out to ascertain the extent to which Agricultural sector has contributed to the growth of Nigerian economy from 1980 to 2009. As a guide to the study‚ the following hypotheses were formulated: (1) there is no statistical significance between Nigerian agricultural output and real gross domestic product (2) there is no statistical significance relationship between exchange rate fluctuation
Premium Agriculture
APPRAISAL OF THE ECONOMIC IMPLICATION OF ELECTRONIC BANKING IN NIGERIA BANKS (A CASE STUDY OF DIAMOND BANK PLC NIGERIA) CHAPTER ONE 1.1 BACKGROUND OF THE STUDY Before the emergence of modern banking system‚ banking operation was manually done which lead to a slow down in settlement of transactions. This manual system involves posting transactions from one ledger to another which human handles. Figures or counting of money which should be done through computers
Premium Bank Online banking Electronic commerce
The Positive and Negative Effects of Globalization in Nigeria Globalization according to Clark and Wallace (2003) refers to a “greater interconnectedness of the world’s financial‚ economic‚ technological‚ political‚ cultural‚ sociological‚ ecological‚ and geographical systems” (p. 447). Globalization has various effects both positive and negative on the countries that choose to achieve the worldwide connection. In the case of Nigeria‚ which is classified by the U.S Department of State as a developing
Premium Globalization Culture Lagos
ASSIGNMENT ON: Stock market problems and solution in the context of Bangladesh capital market What are the reasons of inefficient stock market in Bangladesh? What can be done to develop the stock market? Stock market is a financial market‚ where stocks and bonds are used to buy and sell. Shareholders i.e. investors exchange their shares in the stock market. The current market price of a share is determined by the demand and supply of that particular share. Before we go through the reasons
Premium Stock market Stock Stock exchange