1. Purpose of the case study 2. Discussion (here you can incorporate the answers to the questions) 1. Describe the market for telephony services prior to the enactment of the 1996 Telecommunication Act in Germany. Why is it unlikely that DT would face new competition in the market for retail fixed-line telecommunication services prior to 1996? 2. In what forms could local-level wholesale access to DT’s fixed-telephone network take? Describe the price structure for wholesale access to
Premium Telecommunication Deutsche Telekom Telephone
Thailand Economic Report Section I; Factual description The economics of Thailand is a mixed economy which means the combination of capitalism and socialism. The government and private sector both involve in business mechanism of the country. Government support private investors to invest in agricultural‚ industry‚ services and at the same time‚ encourage them to purchase shares in important government business. Although the government gives fully support the competitive in the local and international
Premium Economics Income Tax
Features of Charismatic Leadership Self-Confidence “I realize that I make enemies. I have no choice. Either I come here and sit comfortably and be nice to people and do nothing or else‚ I try to do something even at the expense of being unpopular. I don’t think I’ll be permanent here. I don’t think I’ll be forever unpopular‚ so it doesn’t really matter. Even being thrown out of the office doesn’t really bother me.” -Tun Dr Mahathir Mohamad. (Aziz Zariza Ahmad‚ 1954. Mahathir’s Paradigm
Premium Malaysia Mahathir bin Mohamad
co-ordination‚ Hence‚ industry sales are the proper measure of concentration calculations in individual industries. Using CR4 means that analysis of the whole industry is based on these select four‚ meaning it cannot capture information and performance in the rest of the industry. No account is taken of the number and size distribution of firms that are outside the top ‘n’. Furthermore‚ no account is taken of the size distribution
Premium Herfindahl index Monopoly Oligopoly
STRATEGIES AND PERFORMANCE DURING DIFFICULT ECONOMIC CONDITIONS For the Department of Business Innovation and Skills (BIS) John Kitching Robert Blackburn David Smallbone Small Business Research Centre‚ Kingston University Sarah Dixon School of Management‚ Bath University June 2009 URN 09/1031 Contents EXECUTIVE SUMMARY i 1. INTRODUCTION‚ RESEARCH OBJECTIVES AND METHODS 1 2. RESEARCH CONTEXT 1 2.1 Defining Difficult Economic Conditions
Premium Recession Business cycle Strategic management
representing their best interests and doing everything they can to generate wealth and grow the firm. However‚ since the shareholders are not involved in every minor decision taken within the company‚ it gives the executives the edge to get away with ignoring shareholders’ interests or even fraud in extreme cases. Again this may take a number of years for the shareholders to identify. Also in this system‚ it is understood that there can be four shareholders or 4‚000. Sometimes it takes thousands
Premium Capital accumulation Stock Investment
ECO 252 -- HW 9 Questions 1. Which of the following events would cause a decrease in the equilibrium interest rate in the short-run money market? For each event‚ simply state YES or NO. a. The price level increases‚ Ceteris Paribus. b. The FOMC conducts open market sales of existing bonds‚ Ceteris Paribus. c. The aggregate demand shifts to the left‚ Ceteris Paribus. d.The Fed increases the required reserve ratio‚ Ceteris Paribus. e. The Fed increases the money supply‚ Ceteris
Premium Supply and demand Macroeconomics Monetary policy
hardware is necessary and money can be sent over the network. • Plastic money cannot be copied‚ modified‚ or double -spent. • Anonymity and non-traceability. Privacy of user is protected. No-body can deduce the link between user and his payment. The customer may perform operations anonymously. • The Protocol for plastic payment between customer a nd merchant can be performed off-line. No direct link to third party (e.g. bank) is necessary. • The plastic money can be transferred to any other u
Premium Credit card Money Payment
Abstract Arnold Schwarzenegger is a socialized charismatic leader who paints a strong vision for the future of California and has become a model leader for the 21st century. Quite simply he has been a leader in every field he has entered. Schwarzenegger displays several of the competencies required for leadership. Schwarzenegger’s most important foundation competency is the change competency. Governor Schwarzenegger recognized global warming was real and something needed to be done. Schwarzenegger
Premium Republican Party Bodybuilding Environmentalism
Tiuana Goodfella Essay 3 An American social entrepreneur‚ David Green‚ recently stated the following: “Let’s face it. The market economy is based on a fundamental deception: I (a company) know how much it costs to make something‚ and I’m going to fool you‚ the consumer‚ into paying as much as possible. I find this assertion false and misguided. While some markets are more desirable than others‚ no one is being fooled into paying as much as possible. In the following essay I will evaluate each
Premium Economics Monopoly Perfect competition