... 'undeveloped'. The definition is very similar to explanation of wealth and poverty. It also suggests the balance of power between the two countries which are at different stages of development. This definition of development is not totally agreeable because it is quitecommon for a country's national income to grow quite substantially without benefiting the poor sections of the country as much as the rich. In fact further development could elevate poverty. This approach emphasises development now became a synonym for social improvement and could only be measured by the extent to which the social objectives were achieved. My personal definition of 'de ...
... into a ruthless money hungry business. Corporations use marketing techniques to trick young people into buying their products by modeling their products around famous sporting stars even though the product has nothing to do with the sporting star and using false statements e.g. McDonlands released a burger called the MJ burger and used the slogan 'I wanna be like Mike'. Their marketing techniques can best be described as 'blind bullying' where they lure you in and take all your money. The marketing techniques used in Modern North America have undermined traditional sporting values of fair play, sportsmanship and the love of the game. Now a good sports person do ...
... automatic stay immediately stops your creditors from trying to collect what you owe them. So, at least temporarily, creditors cannot legally grab (garnish) your wages, empty your bank account, go after your car, house or other property, or cut off your utility service or welfare benefits. Until your bankruptcy case ends, your financial problems are in the hands of the bankruptcy court. It assumes legal control of the property you own, except your exempt property, which is yours to keep) and the debts you owe as of the date you file. Nothing can be sold or paid without the court's consent. You have control, however, with a few exceptions, of property and income yo ...
... manufacturer in the world. Bombardier's customers are spread out over the globe. They range from government and private commercial airlines to wealthy individuals and corporations in need of private jets. The products that are driving the growth in this division are the RJ, the Global Express, and the Lear-45. De Havilland, which was recently purchased with help from the Ontario government, produces the Dash-8 series of airplanes. The Dash-8 has had its production rate increased to 48 planes a year with about 81 on order. Modified versions of the Dash-8 are in the works that could enable an even bigger increase in production. Bombardier has cut costs and ...
... the third step of calculating cost of retained earnings. First I found the three growth rates which were historical, forecast, and sustainable growth. The historical and forecast annual rates I simply pulled directly from Value Line under Past 10 years and estimated years of the dividends. They both were 14.0%. The sustainable growth is calculated by taking the retention rate (b) and multiplying it by the return on equity (r ). To find b, I first calculated the dividends payout ratio which is DPS/EPS. I pulled DPS and EPS from value line under 1997. Then to find the retention rate, I subtracted the ratio from 1. Next, I calculated r, by taking net income an ...
... due to the result of strengthening of various European currencies against the U.S. dollar, fare increases in the market, enhanced management systems and procedures, as well as programs to reduce the dependence on wholesale ticket distributions throughout the Atlantic, Latin America, Domestic, and systemwide. Eventhough revenue was strong in 1988, labor and other costs increased at a higher rate as a consequence of efforts to improve service and effectiveness of the operation. Labor costs were higher in 1988 due to the result of an increase in the number of employees during the year. Also the addition of increased fuel prices, commissions, purchased services, ...
... money on their taxes. Saving money isn’t the key issue that members are focusing on though. The issue at hand that the city council members are focusing on is one of equity. This new raise in property taxes will help Texans to save money and also to help reduce the problems created by the collection of automobile taxes. I definitely believe the people are all going to be in favor of this new law. Critique Page I believe the editorial entitled “Automobile Tax – Equity issues outweigh lost revenue” is hitting the nail right on the head. I know that I personally dislike having to pay additional taxes on vehicles that I buy. I’m always buying lesser of ...
... to the Communist rule. During this period called the "Great Purge" Stalin systemically executed anyone who stood in his path. Millions of people were arrested and either harassed or killed. Stalin then decided to concentrate on improving military strength and building on improving the Soviet economy, rather than follow Lenin's revolutionary goal of dominating the world. In order to obtain the immense amount of money needed to maintain his militia, he began a series of five year programs which would force the average farmer to meet a quota by the end of the harvest and then have the state subsidize all of the production. This system, aptly named collectivization, r ...
... of higher priced ones, the weight has shifted. The CPI assumes that this does not occur and therefore it overcompensates the standard of living. Secondly, because the base period was over a decade ago, the quality of the products has increased significantly, and therefore the prices should be higher. The CPI, however, assumes that the increases in prices is a result of inflation rather than quality improvements which is false. Here also, the CPI overstates the rate of inflation. Many consumers do not mind the overcompensation of the CPI because in most cases it means more money in their pockets, but there are some consequences. This may cause an ongoing inflat ...
... second, there is foreign aid for the advancement of business; third, there is emergency foreign aid for food and medicine. Foreign aid to countries can help in many ways. It can be used as a tool in bargaining. For instance a country that has just received foreign aid or is expecting to get their regular installment of foreign aid will be more likely to listen to new ideas. Because some countries are so dependent on their regular installments of foreign aid, they are willing to appease countries such as the U.S who are giving it. When looked at closely, foreign aid may be considered an elaborate system of legal bribery. This becomes evident when countrie ...
