... medications for dogs. Approximately 65% of all dog food sales are made in supermarkets, which provide 25% gross profit margin to the retailer. Typically, all pet foods are located in one area of the store, separate from human foods. III. COMPETITION There are about 1,000 dog food manufacturers in the United States. Ralston Purina, Carnation, Mars, Heinz, Quaker Oats, and Grand Met USA, together capture 83% of all supermarket sales. Traditionally, dog food comes in five forms: Canned, Dry, Soft-Dry, Moist, and Treats. The prices of these forms of food can range between, $.60 per can, up to $7.19 per 12 lb. Bag. Because dog food is heavily advertised, comp ...
... on corporate boards. Only 4.5% of the Fortune 500 industrial directorships are held by women. On Fortune Service 500 companies, 5.6% of corporate directors are women. The rate of increase is so slow that parity with men on corporate boards will not be achieved until the year 2116 - or for 125 years. (The Feminist Majority Foundation News Media Publishing Inc., 1995) In 1980, only one woman held the rank of CEO of a Fortune 500 company. This woman came into the top management by inheriting the company from her father and husband. In 1985, this executive was joined by a second woman who reached the top - by founding the company she headed. Even though ...
... the public interest. It is claimed that monopolies produce at a lower level output and charge a higher price than under perfect competition in both the short run and the long run. Consider the diagram above. Assume that this monopolist attempts to maximise profits. Equating MC=MR yields an output of Qm and a price of Pm. If the same industry existed under perfect competition however, the price would be Ppc and output would be Qpc since under perfect competition P=MC=AR. The price in such a situation would thus be lower than under monopoly and output would be greater. Consumers obviously benefit if this is the case since P=MC implies P=Marginal utility so that ...
... it all. Hit movies, hit cd's, a beautiful wife, a beatiful child, money and lots of it, and health. The main reason though that I think he is living this dream is because he was voted the number one nicest actor on and off the set. This would be a great title to be given. I would be honored if I was voted this. He is an inspiring actor because of this. He is a great role model for young children and they look up to him. I think when children sees what Will Smith has accomplished they imagine themselves accomplishing the same goals. I believe that Will Smith stands out from the rest. Not because he is the best actor, because he is not, and not because he has milli ...
... more than 25 percent of all workers had been with their current employers one year or less. About a quarter of those unemployed at any particular time are employed one month later. This means that a considerable degree of unemployment in the United States is frictional and lasts only a short time. This type of unemployment could be reduced somewhat by more efficient placement services. When workers are free to quit their jobs, some frictional unemployment will always be present. The second form of Unemployment is structural unemployment. Structural unemployment arises from an imbalance between the kinds of workers wanted by employers and the kinds of workers lo ...
... answer for some big companies ... for us it is the wrong answer.²1 For us the new trend is the entrance into the service industry. The question must then be: is this the right answer? GE is expecting to increase its revenue by the year 2000 to $120 billion compared with $58 billion in 1990. In other words, if the forecast proves to be correct, it will obtain an average annual rate of growth of 7.5%. This high rate is mainly attributed to the expansion of the services sector of the company, which is estimated to increase by an average annual rate of 13% compared with a corresponding one of 2.1% for manufacturing. Today nearly 60% of GE's profits comes fro ...
... agreement with Japan called "Plaza Agreement" , the agreement stated that the exchange rate of Japan and Deutschmark can appreciate against the U.S. . Since then the yen value began to appreciate, Japan was going through a period of trade balance adjustment. While Japan is prepare to go through a period of trade balance adjustment, it will also suffer a period of recession, so the government strongly encourage business activities to strengthen the economy in order to prevent backwash effect. It was this event which boost up the GNP and raise the exchange rate. With this exchange rate advantage it stimulate business activity on housing and stock investment which c ...
... was in 1969 during Nixon’s presidency. Budget deficits have grown larger and more frequent in the last half-century. In the 1980s they soared to record levels. The Government cut income tax rates, greatly increased defense spending, and didn’t cut domestic spending enough to make up the difference. Also, the deep recession of the early 1980s reduced revenues, raising the deficit and forcing the Government to spend much more on paying interest for the national debt at a time when interest rates were high. As a result, the national debt grew in size after 1980. It grew from $709 billion to $3.6 trillion in 1990, only one d ...
... and sociocultural forces. Economic forces are among the most significant uncontrollable forces for business. Firms have been assessing and forecasting the economic conditions for many years. In addition, economists and marketers use certain economic indictors to predict trends in their industry. Companies must borrow money occasionally and the inflation rate determines the real cost of borrowing. Inflation and interest rates are important in economic dynamics but not bottom line measures. Two important general measures of economic welfare are unemployment and the rate of growth in real per capita national income. When growth is slow, unemployment increases. ...
... foundation for their economic adaptability in modern times. Japan is a culture where human relations and preservation of harmony are the most important elements in society. "It is their sense of identity and destiny which gives their industrial machine its effectiveness."1 "Among the Japanese, there exists an instinctive respect for institutions and government, for the rules of etiquette and service, for social functions and their rituals of business. Japan is a traditionally crowded island, the people are forced to share the limited space with each other and to live in harmony.. The Japanese are very protective of their culture. They are very conservative to out ...
