... MV = PY, by lowering both M and V, P and Y can stabilize if they are increasing too rapidly. The Fed does this by selling securities on the open market. This, in turn, reduces bank's reserves and forces the interest rate to rise so the banks can afford to make loans. People seeing these rises in rates will tend to sell their low interest assets, in order to acquire additional money, they tend move toward higher yielding accounts, also further increasing the rate. Soon this small change by the Fed affects all aspects of business, from the price level to interest rates on credit cards. Rises and falls in the interest rate can reflect many changes in ...
... and Drug Dependance, 25 percent of all hospitalized patients have alcohol related problems. Alcohol is involved in 47 percent of all industrial accidents and half of all auto fatalities. The cost totals 86 billion dollars per year due to decreased productivity, treatment programs, accidents, crime and law enforcement. Although it is most costly at the top alcoholism/drug abuse affects employees at every level of an organization. One company found that in the pervious five years each worker with an alcohol/drug related problem missed 113 days of work and filed $23,000 more in medical claims than the average employee. However, recovered alcohol/drug abusers will ...
... to 156 individual airlines.(2) The result has been competitive prices, a huge web of new routes, and competitive employee wages. In 1980, Congress got rid of rules that encouraged railroads to keep unwanted routes, that forced prices too high to compete with truck and barge rates, or kept prices too low to make a profit. (3) Now railway companies are making deals with shippers at competitive rates allowing, once again, the railroads to be an important part of America. Since the breakup of AT&T in January 1984, almost every element of tele phoning has been open to competition. Numerous firms have been formed boasting low long-distance rates, car phone models, fi ...
... and has materialised her plans i.e. to replace the trees that were destroyed during World War II. About 2.9 million cu m of timber were annually cut in the late 80's and approximately the 75% of the harvest was hardwood. Fish exports are limited because of the widespread consumption of fish products within Greece. However in recent years thousands of tons of fish are exported each year, due to the ever increasing development of fish farms in the country. In the late 80's the annual catch totalled 135000 tons, from which 80% was consumed within Greece. Sponges are the main marine product exported. Mining Mining is of little importance to the Greek economy. We shoul ...
... its customers, by building its cars the old fashioned way. Morgan Motors has been building specialty sports cars for over eighty years. Morgan Motors hand assembles its automobiles in the factory to ensure the highest possible quality. This Old World craftsmanship is the foundation of the firm. Hand assembling cars makes for a considerably longer cycle time to produce an automobile, a few weeks as compared to a few hours in a more automated firm. Unlike the large volume automobile manufactures from Japan and the United States, Morgan tailor makes each car to a buyer's individual tastes. The consumer has a flurry of options from which to add or delete from his ...
... Many people complain about the conditions of this club. They loose a lot of business due to the lack of cleanliness. A new billiard club located not too far from the billiard club in Downingtown would take away just about all the business from the competition. People want a clean and comfortable atmosphere where they can relax and enjoy a game of pool after work or school. History and Background The sport of pool has been played for many years. The age of the player varies from a very young age group to the retired. It is a sport for all ages. Many people call the sport addicting, because when you play all you want to do is keep playing to become a ...
... Sir Frederick William-Taylor, knew that a group of British businessmen were interested in buying the Bank of British North America (BBNA). (Canadian Banker, Vol. 103, No.1, January, 1996. p.24.) gave jobs to the Bank of British North America with five hundred employees as part of the deal, because he persuaded the reluctant federal government to approve the mergers in the interest of nationalism. (Canadian Banker, Vol.103, No.1, January, 1996. p.24.) "In 1999, has a record of nine years of consistent earning, and is the major North America bank to record nine consecutive years of reported Return On Equity (ROE) of more than fourteen per cent." (http://www.bm ...
... be categorised as industrial marketing. This means that we are making specialised products that are sold to car companies and manufacturers rather than the general public. The obvious reason for this is that the product is assumed to be fitted onto cars by engineers only. * Industry output Below is the statistics on car production. This information is required as we need to identify growth potential which is the key to find a new opportunity. A growing market is where prices and margins are higher and therefore more desirable. * Mode of transport This research covered travel patterns among London passengers. Travelling by car comes first with a share of 49% a ...
... paying well; proving that highly skilled labor is what employers want! "There is clear evidence that the supply of workers in the [unskilled labor] categories already exceeds the demand for their services," says L. Mishel, Research Director of Welfare Reform Network. In view of these facts, I wonder if these trends are good or bad for society. "The danger of the information age is that while in the short run it may be cheaper to replace workers with technology, in the long run it is potentially self-destructive because there will not be enough purchasing power to grow the economy," M. B. Zuckerman. My feeling is that the trend from unskilled labor too highly tec ...
... of a private business class. As power over economic growth came back to the people or lords during the Middle Ages, modern capitalism started to evolve. (The Software Toolworks Illistrated Encyclopedia) In the late Middle Ages, the medieval economy was based on MANORALISM. This system said that peasants worked on the land that the lord's owned, but everthing that was produced by them was kept in return they had to perform services or pay dues to there lord. During this time period, there was no incentive to produce large and productive resources. The end of the midieval Manoralism was brought about by a larger demand for goods. King ...
