In other words to market supply is responsible for the determination of market demand. When the supply in the market is high consumer demand is always low. This is because there will be surplus and market…
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Therefore, the equilibrium quantity is determined by output amount a firm decides to supply. For instance, Samsung and Nokia companies are all phone companies and their demand in the market is determined by equilibrium where price is given in the market and not by demand or supply forces.
The government intervention has a strong influence on a willing late comer to join the market industry. Government interventions may allow late comers to challenge those who entered first in the market. If they do so, there is a shift of extra returns by government intervention in a particular firm from another state to the national economy. For instance, a real life situation is whereby if China can be allowed to supply phones to America, there will be a reduction in returns received by phone making companies in America as they will not enjoy all the profits as before.
Financial ratios are designed with the aim of determining the weaknesses and strengths of a firm. The investors need financial analysis to know the riskiness of cash flows and future cash flows of a firm. An individual is able to know a company’s strength or weakness by analyzing the past performance of the firm and mapping it to the future plans. The analysis is mainly done by analyzing financial statements. For instance, in debt ratio, the greater the ratio, the lower the protection that can be afforded by creditors upon liquidation (Hacker,
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11). As a high-tech manufacturing firm, locating facilities abroad would need decision regarding exporting all materials needed for the production of their products or trying to locate materials locally; competencies of human resources in handling the technology, including training and managerial qualifications to oversee various operations and functions.
They also believed that sin entered the world and became inherent part of humankind because of their rebellion, thus they became separated from God. In addition, they believed that the relationship between man and God was not amendable by human intervention, and God took the initiative to restore the broken tie using special historic events and people (Carson, Douglas and Julius 2001).
At times, the politicians are the ones who use them in order to hold protests against any civil or governmental norm prevalent in a certain region of the world which enrage these youth. Studies have shown that the extreme cases of criminal behaviours all involved having youth
rs face a number of challenges; they include unpredictable nature of the job, getting different people working together, and the increased responsibility that accompanies going up the management hierarchy. Being a manufacturing supervisor is accompanied with a lot of
The method of historical criticism tries to uncover the history of the reality in the text1. Despite the fact that literary criticism may include historical criticism, literary criticism focuses on efforts
The Colonizers of the Americas led by Christopher Columbus brought smallpox from Europe. Smallpox killed millions of people during the European Conquest of the Americas. It reduced the population of the Americas drastically.
What is whistle blowing, and why is it important to the study of business ethics? Provide details. Discuss the reasons why an employee would refrain from reporting potentially unethical behavior within his/her organization? Should a corporation