The economic crisis began when the U.S. government subsidized mortgages for families and individuals who could not afford to buy homes. By doing so‚ the demand for housing skyrocketed‚ resulting in increased home values. Meanwhile‚ mortgage companies and banks celebrated their financial incentive to provide loans to anyone‚ regardless of credit history. The combination of falsely inflated home prices and “generous” bank loans burst the artificial bubble of prosperity Americans were enjoying. As home
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Running head: BLACK & DECKER BLACK & DECKER Marketing MBA 504 Introduction Duncan Black and Alonzo Decker‚ SR.‚ in 1910‚ started a machine shop business and in 1917 receiving the world’s first patent for a power drill. The company was later named Black & Decker‚ (B&D) and over the next 73 years they became one of the most well known brands and market leaders of power tools‚ accessories‚ lawn‚ garden supplies and residential security hardware worldwide. In
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2002‚ it expanded its product line to include televisions‚ handhelds‚ digital audio players‚ and printers. Dell ’s first acquisition occurred in 1999 with the purchase of ConvergeNet Technologies. In 2003‚ the company was rebranded as simply "Dell Inc." to recognize the company ’s expansion beyond computers. From 2004 to 2007‚ Michael Dell stepped aside as CEO‚ while long-time Dell employee Kevin Rollins took the helm. During that time‚ Dell acquired Alienware‚ which introduced several new items
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University of San Carlos Department of Business Administration School of Business and Economics APPLE IN 2008 CASE STUDY In Partial Fulfilment in the course BA111 Submitted to: Dr. Rene Paquibut Submitted by: Jon Daniel Chua Daieian Vanesa A. Portillo Roxanne M. Baring Marie Vane Quiño Submitted on: July 17‚ 2012 1. SUMMARY The early years of Apple. Two young electronics enthusiasts‚ Steve Jobs and Steve Wozniak‚ started a company
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at-home market‚ with 82 percent of the market share in terms of dollar sales and 81 percent in terms of unit share as of December 31‚ 2008. In 2008‚ GMCR (Keurig’s parent company) reached $500 million in sales while 10 years ago its sales were $43 million. 84 percent of GMCR’s total revenues are derived from the sale of Keurig single-cup brewers and K-Cups. When comparing 2008’s numbers to those of the previous year‚ sales increased by 46 percent and Keurig system-wide shipment of K-Cups increased by 59
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HISTORY:- Apple Inc.‚ formerly Apple Computer‚ Inc.‚ is an American multinational corporation headquartered in Cupertino‚ California[2] that designs‚ develops‚ and sells consumer electronics‚ computer software and personal computers. Its best-known hardware products are the Mac line of computers‚ the iPod music player‚ the iPhone smartphone‚ and the iPad tablet computer. Its consumer software includes the OS X and iOS operating systems‚ the iTunes media browser‚ the Safari web browser‚ and the iLife and iWork creativity
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Corporation Fiscal 2008 Annual Report Fiscal 2008 Financial Highlights Stores Open at Fiscal Year End (COMPANY-OPERATED AND LICENSED STORES) Net Revenues (IN BILLIONS) & Net Revenue Growth (PERCENTAGES) from Previous Year 16‚680 $9.4 $7.8 $6.4 $5.3 $4.1 24% 30% 20% 22% 21% $10.4 10% International United States 15‚011 12‚440 10‚241 8‚569 7‚225 2003 2004 2005 2006 2007 2008 2003 2004 2005 2006 2007 2008 Components of 2008 Revenue Retail Licensing
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2004 vs. 2008 elections Apart from different candidates‚ the mood of America had shifted from 2004 to 2008.The media played a role in how the public viewed the topics at play. How the candidates communicated to the public also made these two election years starkly different from each other. In 2004‚ the Bush Jr. vs. Kerry campaign showcased different points of views that resonated deeply along party lines. Bush’s conservative view highlighted national security‚ a strong moral code
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The Recession of 2008 caused widespread panic and distress globally. Trillions of dollars were lost during this time. It was a frightening time for people because they were unsure of what was to come regarding their situations. These losses of money lead to a decrease in consumer spending‚ which decreased the GDP. This then invoked companies to lower salaries and cut large numbers of their employees. The huge loss of jobs made the unemployment rate skyrocket. All of these consequences of the
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References: Mankiw‚ N.G‚ (2002). Macroeconomics: Fifth Edition. New York: Worth Publishers. Garrsion‚ R.W‚ (2000). Time and money: the macroeconomics of capital structure. New York: Routledge. Vox. (2008‚ August). The Impact of the 2008 rebate. USA: Broda‚ C.‚ & Parker‚ J.A (2008). Retrieved October 7‚ 2009‚ from http://www.voxeu.org/index.php?q=node/1541.
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