Wealth and Industrial Attractiveness - Essay Example

Comments (0) Cite this document
valuable things that one owns. Money is not wealth. However, it is used as a parameter to measure wealth. Furthermore, owning a lot of stuff does not necessarily make a person wealthy. On the contrary what one needs is…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful

Extract of sample "Wealth and Industrial Attractiveness"

Wealth and Industrial Attractiveness al Affiliation: Wealth and Industrial Attractiveness Wealth can simply be defined at material possessions, i.e. valuable things that one owns. Money is not wealth. However, it is used as a parameter to measure wealth. Furthermore, owning a lot of stuff does not necessarily make a person wealthy. On the contrary what one needs is to own a lot of valuable stuff. Wealth arises not by just owning things that are valuable but having the ability to produce valuable things. This means having the possession of wealth producing resources such as labor, capital, and natural resources.
Wealth is made by saving little money and using the savings to create more money. This is followed by acquiring valuable materials. However, majority of the people makes wealth through coming up with a budget and different estimates of what they want to acquire and setting up a plan to achieve it. For instance, they come up with a budget on how to develop a concept and sell it to other people for money. After getting money, they diversify their investments in order to reduce the risks and uncertainties associated with inventing in one sector. With time these people are able to acquire valuable materials.
Business environment is critical in the success of any business. Economic, social, political, environmental, legal, and technological components dictate how the customers, local administration, and the business interact. This is through creating a platform for the business to make profits without interference from external forces. Therefore, these components can be useful in acting as parameters to measure whether an investment in the industry can return the initial capital and make profits which are sustainable. Read More
Cite this document
  • APA
  • MLA
(“Wealth and Industrial Attractiveness Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Wealth and Industrial Attractiveness Essay Example | Topics and Well Written Essays - 250 words. Retrieved from
(Wealth and Industrial Attractiveness Essay Example | Topics and Well Written Essays - 250 Words)
Wealth and Industrial Attractiveness Essay Example | Topics and Well Written Essays - 250 Words.
“Wealth and Industrial Attractiveness Essay Example | Topics and Well Written Essays - 250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Wealth and Industrial Attractiveness

Personl Wealth

...?Personal Wealth Project Scope Personal wealth is defined as the total asset value of an individual’s earnings, possessions and investments. Personalwealth can be broadly classified into three categories namely liquid assets, loans or mortgages and personal possessions. In cases where a person owns a company, the assets that appear on the firm’s financial statements should not be mistaken as assets of the individual, but must instead be considered as under the ownership of the company. Creating personal wealth is not necessarily a complex process if one establishes the primary objectives like future personal commitments and desired retirement benefits. Thereafter, it is important... to identify suitable financial vehicles that align current...
11 Pages(2750 words)Essay


...?Evaluation of a Workstation In my office setting, the workstation is comprised of a desk with a simple desktop computer, a printer and a series of manila file folders locked inside of a slide-out file cabinet. There are a series of controls taking place within this workstation. For instance, one internal control of security is that the files with important documents are locked inside of the file cabinet (“Understanding Internal Controls”, 2009). This is a strong control measure because it ensures that no one who does not have access to the key of the file cabinet will have access to the files inside. This would be a very secure measure if in fact the key was not simply placed inside the top drawer of the desk. The key... of a Workstation In...
1 Pages(250 words)Research Paper

The Benetfits of Outsourcing Your Call Center to India their imports. This has been further complimented by increasing in tourism from these countries as well. In other words, outsourcing has made the labor market adjustments and the structure of the international competition more intense and rich. However, it cannot be considered to be a new phenomenon. Rather it has been considered to be a continuation of the process of globalization which was initiated during the 1950s and 1960s and resulted in the creation and transfer of wealth across the globe (Rajan & Srivastava, 2007, p.40). Relative Advantages India is considered to be the most popular and attractive destination for outsourcing. The main reasons for the attractiveness of India...
6 Pages(1500 words)Research Paper

Wealth distribution. Wealth tax and estate planning

...Yvonne Marie Leyson Wealth Tax and E Planning 16 April 2006 Riches are accumulated at a rate faster than the affluent can normally spend yet it is being held and proportioned among themselves while the gap between wealthy and the needy visibly widens. In a study of disposable weekly income by the ONS, the richest 10% of have at least 658 per week (after deductions), compared with the poorest 10%. Twenty-three percent of the nation's total riches is owned the by richest 1% group. Intangible wealth is left to the hands of its owner to amass and enjoy during his lifetime free from any liens and encumbrance. With the current budget crisis, tax imposition and structure on intangible wealth would surely correct the scenario... and for...
6 Pages(1500 words)Essay

Wealth management

..., such as investment performance, wealth transfer, or wealth preservation. Growth of the industry (Stock market) Since wealth management has scored the fastest growing in late 1990, all of the financial services industry sector and even through the recession after that wealth management still attracts investors. In term of the population growth the number of millionaires till 2006 the number increased which is more than 7% a year referring to the devolved in the economy in Europe and North America. “Given that financial markets and economic growth in 2008 has been far worse so far than 2007, I expect flat growth...
8 Pages(2000 words)Essay

Extreme wealth

...the environment. The rich also seem to be taking over lucrative sectors such as the mining industry and the farming sector. This happens while the government seems to be lenient and partially dependent on some rich folks (Barbara 553). The rich also have a positive impact in the society. There is a probability that wealthy individuals might share their riches and assist those in need. The rich may sit idle, but money does not because it goes through banks or other networks and eventually draws back benefits for the society. Unless the wealth is stored in the form of land or gold which is not in use therefore making the asset an incentive or a security for the rich individual (Barbara 556)....
1 Pages(250 words)Essay


...efficiency by investing strategically where there are different tax treatment like tax-deductions, taxable, and tax-free. Diversifying their wealth will help the couple be able to minimize their tax obligations and at the same time be able to build greater wealth. Investing while considering the taxes is crucial considering the uncertainities that are linked to future tax rates. Diversifying their taxes through their investment decision will make sure that they promote greater efficiency during their later years. Taxable accounts like the Corporate Bond fund, may not look attractive but these accounts are key part of a well-rounded mix, These accounts provide more flexibility in terms of...
12 Pages(3000 words)Essay


...Industrial Industrial Introduction The tank farm Buncefield Oil Storage Depot is located in Hempstead, Hertfordshire, England. In 2005, the Buncefield Oil Storage Depot experienced a series of massive explosions that resulted from the ignition of a vapour cloud that had formed following the overflow of one petrol tank. The tank had been equipped with control measures that not only automatically protected it against dangerous fuel levels but also enabled staff to monitor the levels. However, both a malfunction in the control mechanisms and negligence from various concerned parties led to an unnoticed overfilling and overflowing that led to the formation of a vapour cloud that later ignited and exploded...
10 Pages(2500 words)Assignment

Wealth building

..., to create wealth, one should seek to solve a problem, meet a need, to serve others and to improve the quality of life, and then prosperity, financial abundance and wealth creation will follow undeterred (Taylor, 30). Which DYBHH story did you relate to the most? Why? Henry Ford is the story from DYBHH that I relate to most. This is because; it is a story telling of a person who saw an opportunity where the rest of the world saw a crisis. The auto industry during the early 20th century was experiencing a very high rate of labor turnover. For Example, the Ford Company required hiring 963 employees, to be assured of retaining only 100 employees in its workforce (Taylor, 30). However,...
4 Pages(1000 words)Book Report/Review

Organization Attractiveness

...School: Topic: Organization Attractiveness Lecturer: The level of attractiveness of an organization not only influences its endorsement of employees but also encourages high employee retention (Felps et al., 2009). As a person, two important attributes that makes an organization attractive to me are motivation and engagement. As far as motivation is concerned, I first look at intrinsic motivation which defines how the organization can help me develop an inner spirit towards work. When it comes to engagement, I love to be part of an organization where I can be given room to utilize my talent and potentials through detailed employee engagement. In the general workforce, the two mentioned...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Wealth and Industrial Attractiveness for FREE!

Contact Us