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The Challenge of Behaviorism

Introduction There are two theories that are profoundly applied in the behaviorism that both the radical and psychological behaviorism. These two theories are Skinner and Staats theories, which fall under radical and psychological behaviorism respectively. These theories suggest that personality comprise of learned behaviors. Skinner’s theory presents the principles concerned...

Nationwide Consumer Behavior

Role of Consumer Behavior Consumer behavior: broad concept that critically analyzes consumer purchases with the aim of predicting future purchases and explains why a consumer settles on a certain product or service. Positioning refers to the view and opinion a customer places on a product in relation to competition. Consumers...

US Housing Market and Securitization in 2007

Overview of the Subprime Problem The housing problem that peaked up in 2007 was the result of continued unprecedented borrowings and mortgage foreclosures the previous years. It happened due to lack of economic and financial policy to guard against this situation. The policymakers were not able to predict that an...

How Globalisation Has Affected the World Economy

Introduction There was a time when an imported product was used to be seen as a valuable possession. The time has changed and brought with it a dramatic change in global commerce. Today people in most of the world have access to almost every product and service. This change has...

An International Study of Sustainability Reporting

Abstract In the last decade, a general surge in the financial sustainability reporting instruments has been experienced as economies and financial sectors experience paradigm shift from the traditional to the modern and dynamic financial management systems. Through a mixed methodology, the findings revealed that the number of reporting instruments has...

Palladium Int.: Management Practices, Employee Loyalty

Abstract The ability of managers to ensure skillfulness and competence of their workforce and manage them accordingly results in job satisfaction, employee motivation, employee retention, improved performance, and eventually, organisational success. People management skills are the most powerful tools for boosting the levels of employee commitment and loyalty within an...

Elasticity: Price Elasticity of Demand

Introduction The elasticity theory is used to evaluate the sensitivity of demand or supply to alterations in variables such as price and income. If the price increases by 100% and demand for cars falls by 200%, then the price elasticity of demand (PED) = -200%/100%= -2. Thus, ignoring the negative...

Impact of Globalisation on Global Politics

Introduction The word globalization does not have a specific definition. This is because it is not related with any specialized field. It is studied in different aspects, amongst which some of them are politics, economics, cross-culturing, international relations and political theory (Evans and Mooney ix). Globalization can be defined as...

Global Effect of the US Financial Crisis

Introduction The financial crisis which began in 2007 is seemingly beginning to end, even though unemployment is increasing. Many households and micro banks meet challenges in re-establish their balanced sheets, and unemployment in conjunction with the sub-prime loans sustains a high rate home foreclosure. The U.S economy recorded a 1%...

Negative Interest Rates and Bank Performance

Introduction Interest rates are often seen as the cost of capital advanced to borrowers. In the banking sector, this tenet of borrowing is keenly monitored because it dictates the profitability of a financial institution. In other words, the higher the interest rates, the higher the likelihood that a bank would...

Protectionism and Free (Open) Trade Policies

Protectionism is an adopted policy. It was adopted by trading countries with the aim of protecting their local industries from competition of foreign industries. Protectionism may involve various elements such as increased tariffs, embargoes, bureaucratic import procedures, foreign exchange controls, subsidies and quotas, import licensing and increased prices of imported...

Globalization in Ravenhill’s “Global Political Economy”

Introduction A report by World Bank in the year 2000News reports suggest that economic giants from third world Asia namely China and India are expected to grow at the rate of 9.7 and 6.5 percent respectively. The GDP growth rate of these nations is much higher than that of any...

China and Japan in the Process of Economic Reforms

Introduction This paper assesses the process of reform of China and Japan. In case of China we see that even though free market practice was not prevalent, it emerged with a more structured reform policy than Japan due to its corrupted free market capitalism. We base our study primarily on...

Market Reforms and Trends in the Chinese Government

Since the 20thcentury, the People’s Republic of China (PRC) has transformed from a developing agrarian country to a second world economy. In 1978, Deng Xiaoping began reforms that contributed to the rapid development of the country, its prosperity, and overcoming poverty among the population. China’s policy is unique since, even...

Bank of America’s External Analysis

The banking industry in the U.S. is among the most robust in the world, supporting the world largest economy. The industry is comprised of the highest assortment in banking organizations and concentration of private credit. The consolidation of the industry, however, has taken a number of years and it has...

Irish Organic Sector: Consumer Purchasing Behaviors

Introduction Consumer buying behavior entails the buying behaviors of the final consumers or households who usually purchases products or services for personal use. In this type of behavior, marketers are concerned in unraveling how consumers respond to various marketing strategies the company may plan to undertake. Consumer behavior is usually...

Investment Appraisal for Capital Budgeting

Introduction Company valuation essentially entails procedures that help in the estimation of the economic value of the company. It is comes handy in financial decisions involving mergers and acquisitions among other important business procedures. Valuation helps in determining the price that the financial market players are willing to pay or...

Free Trade and Fair Trade

Free trade and fair trade are based on different, almost opposite, principles, and this aspect makes the comparison of their advantages and disadvantages a challenging task. On the one hand, free trade allows for reducing barriers for countries, industries, and manufacturers to create an open market in which all parties...

Three Bankers Listed as the Most Powerful People

The three bankers listed as most powerful people in the whole world are Ben Bernanke, Jean-Claude Trichet, and Masaaki Shirakawa. They fall in positions 4, 5, and 6 respectively (Hummel, 2011). As central bankers, they hold important top government positions that they have attained through formal appointments. Masaki Shirakawa heads...

Will China Overtake the U.S. as the World’s Economic Powerhouse?

Introduction Currently, the U.S has the world’s largest economy followed by Japan, Germany and then China. Most economists now argue that China’s growth can not be ignored as it is a force to reckon with. According to Harford, (2005, p.25), China’s economy has been growing at a rate of 10%...

Commercial Banks Versus Islamic Banks

Commercial banks are banks that are profit or interest-oriented. They provide accounts in which customers bank their money for a particular duration and amount after which they are allowed to borrow loans. These loans are to be later repaid with some interest. The savings from the customers also earn interest....

Capital Adequacy Regulation: Basil Committee on Banking Supervision

Introduction The banking industry is one of the industries that are under strict control from both the national government and international bodies based on their importance in the stability of national and international trade and economies. The enforcement of the regulations is a priority of many organizations. As Nowak reveals,...

Starbucks Strategic Management: The Vision and the Mission of the Company

Introduction Starbucks was established in 1971 in Seattle and its journey is still on as a proud lead marketer in the field of retailing coffee. At present, the company has retail outlets in “36 countries outside the US and in all the 50 states of US” (Malhotra, 2009). Apart from...

Starbucks Starbucks Strategic Management: Strength and Weaknesses

Introduction Starbucks is a name that is so readily recognizable that it almost does not need any introduction. Within the US and outside, they have become the best known and dominating brand in the field of retailing coffee and related products. It still continues to increase its profit and improve...