“Should Businesses Go Green” Recently‚ environmental issues have converted into a major concern on a global scope leading to economic instabilities; these issues range from preservation and energy use‚ to deforestation and water shortage. (Videen‚ 2011) As a result‚ a phenomenon that has appeared over 20 years‚ “Green Movement”‚ has become a center of the discussion. (Fok‚ 2012) The term “Green” became popular in the context of describing the environmental conscious company‚ which is concerned
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First of all‚ I would like to explain what global recession means and what were the same recessions in our history? Global recession is the sharp deterioration of economic health of the countries‚ namely: a plummet of manufacturing‚ bankruptcy of enterprises‚ a big rise of of unemployment and finally - the decrease in the standard of living‚ well-being of the population (Economic dictionary). According to standard economic theory‚ economic system has the cyclic form and to avoid crisis it is impossible
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Assessment Unit 1: “ANALYZE THE CAUSES AND CONSEQUENCES OF THE GREAT RECESSION OF 2007-2009.” Prepared By: Okunlaya Babatunde Badrudeen (0804954) Course Title/Code: Global Economy (EC1013A) Tutor: Rolve Melfe INTRODUCTION The financial crisis of 2007–2009 began in July 2007 when a loss of confidence by investors in the value of securitized mortgages in the United States resulted in a liquidity crisis that prompted a substantial injection of capital into financial markets by
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There is no doubt that family businesses contribute significantly to the economic growth of any society today. In the United States‚ around 80% of all businesses are family-owned‚ generating 50% of the country’s annual GDP (Lank‚ 2000). Similarly‚ family businesses constitute as much as 70% of all UK businesses employing 50% of the country’s workforce (Institute for Small Business Affairs‚ 1999). However‚ not all family businesses are large; the majority of them are small and medium sized. This paper
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Social Networking for Small Businesses Cortez (2011) notes “Marketing and advertising is the key to any small business success. This began with direct selling‚ evolved into advertisements with flyers‚ posters‚ then emails‚ websites‚ and now electronic ads on social networking sites. Targeting the appropriate customers is the best way to anticipate and meet the needs of those customers.” According to Dodds (2012‚ p.1) “Social media – blogs‚ Twitter‚ Facebook‚ LinkedIn‚ YouTube‚ and the like – are
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The US economy went into recession in March 2001 and in response‚ the government introduced a tax rebate programme which amounted to cheques of $300 or $600 being sent to about 2/3 of US households. The aim was to mitigate the recession. What would consumption theories discussed predict to be the outcome? A recession is a prolonged period of time when a nation’s economy is slowing down‚ or contracting. Such a slow-down is characterized by a number of different trends‚ including: * People buying
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The question of what caused the great recession of 2007-2008 is on that is not easily answered. As with the great Depression of the twentieth century we can look back retrospectively and at some potential causes but the exact factors remain debated. When speaking of the great depression Ben Bernanke famously said‚ “To understand the Great Depression is the Holy Grail of macroeconomics.”(Bernanke‚ 2000) The same can easily be said of the great recession. For this discussion I will isolate the
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longer available. Life insurance is an important need to the proprietor‚ it may be the family’s only source of income. Secondly a will is a must have with precise details on to whom and how the business should be carries out. It’s also important to pre-plan with his chosen representative‚ teaching them how the business is managed. * Control: The sole Proprietor may choose to directly run his business or hire others to manage for him. Being in total control of the business the proprietor is solely
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* Impact of external environment on Business* For success in the present world‚ one need to consider not only the internal environment of the company consisting of its resources and employees‚ but also needs to consider the external factors. These aspects cannot be stopped but one can adjust accordingly as per the changes in the economical‚ social or political pressures. These are the external factors which consist of: • Opponents or competitors • The changing economic structure • Impact of the
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Compare and Contrast the “Winners and Losers” of the Great Recession Lehman Brothers went bankrupt; Merrill Lynch was merged; AIG needed a large amount of money to get rid of financial difficulties. When the Great Recession broke out in 2008‚ it shocked the whole world and made everyone feel insecure. It seemingly was caused by sub prime mortgage crisis‚ but the underlying reason was that the U.S. government had severe problems in financial orders and development imbalances. Five years later‚ the
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