Thursday, February 27, 2020
Mgt wk2 group assignment Essay Example | Topics and Well Written Essays - 750 words
Mgt wk2 group assignment - Essay Example The aspects which are set to deliberated are of significant influence to all stakeholders. After discussing the below effects, you as members of the board of directors are expected to spread the outcome well. You can execute this duty by adapting the availability of the social media like newspapers, radios as well as television. This is because this information will be made to be of close access by all our braches worldwide. These branches are our own and therefore, should not be exempted in any case. The prime aspects that affect the firm include natural disasters; those calamities which usually take place without human interference, human related disasters and unexpected spillage of oil (Schmidt & Wilhelm, 2000). There are still other smaller factors. They do not influence the companyââ¬â¢s production that much, but they will not evade being mentioned in this case. They can be readily exemplified by the sharing of the market with other competitive oil firms as well as inflation. The last two ones affect our firm in many ways, although they may appear minor. There are some oil companies which are also performing excellently. This means that like us, they have even spread wings abroad. We all have a similar purpose of ensuring that their oil products sell well around the globe. That is why we face a terrifically strong competition while presenting our commodities in the market. A business firm does anything to ensure that it realizes success. This is the reason why the companies in question mostly sell their products at throw-away prices at our expense. This mostly comes about after the inflation of oil products inclusive of petroleum (Schmidt & Wilhelm, 2000). In many parts of the world where our branches are located, we are mostly confronted by violent climatic and weather conditions. This comprises of uncontrollable phenomenon like rain. Whenever it rains, the ground becomes extremely soggy, and most of
Tuesday, February 11, 2020
Contemporary Business Analysis Essay Example | Topics and Well Written Essays - 2000 words
The Concept of Money and Its Creation - Essay Example This paper illustrates that for many centuries since the invention of money as an alternative medium of exchange from the old system that used barter trade, the medium has revolutionalized financial systems. Without the invention of money, one would wonder whether we would have the current financial institutions. The use of money eased the process of making payment and purchasing of items. The process of creating money is often a misunderstood phenomenon. Although many studies show that there are two main institutions tasked with the process of money creation, the process involved in creating money without the manual paper consideration is elusive. The two main institutions involved in the creation of money are the financial banks and the government.It is estimated that about 97% of the money created originates from the banks while only 3% comes from the governments. Using the United States as a case study in describing and assessing the effects and effectiveness of qualitative easin g would provide a platform on how to stabilize economic growth. The narrow form of money is the most common medium of exchange. It is the form of money in circulation within any economy. It consists of coins and notes as well as sight deposit. The site deposits belong to accounts whose owners can make withdrawals without attracting penalties. The narrow form of money is corroborative indicators for the spending regimes. In fact, the form of money used in carrying out most of the day-to-day transactions of services and goods are the narrow form of money. Therefore, narrow money is the main form of exchange involving the monetary value. The zero maturity money is the sum of coins and notes on hold by the private sectors (the non-bakers). For instance, employers pay their employees either by cash or cheque. Besides, these companies used the same form of money to pay and offset their expenditures. Unlike the broad form of money, the narrow form of money gives a clear outlook on the asse ts employed as the medium of exchange.
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