...Analysis of the Macroeconomic Environment within the Health-Care and Automobile Industries Abstract This report discusses macroeconomic factors that impact both the automotive and health-care industries. Interest rates, consumer price index (CPI), consumer confidence, Gross Domestic Product (GDP), wage rates, and inventory levels impact the macroeconomic environment to influence these industries in the short run. Consumption as a percentage of the GDP depicted in table 1 indicates a continuous declined in consumer spending from 2005 through 2010 and suggests that consumers are becoming more conservative with disposable income spent on elective health-care products and procedures as-well-as new vehicle purchases. As the nominal interest rates indicate in table 2, the FED attempted to encourage consumer spending by decreasing the interest rates to encourage expansionistic economic activity, which would also be a positive influencing factor for both the health-care and automotive industries. The automobile industry is volatile by nature and heavily influence by macroeconomic factors, while the health-care industry enjoys an inelastic environment. Macroeconomic factors influence the health-care industry, it is unlikely essential health-care demand will decrease in the short term; however, elective health-care products and services will likely suffer as will new vehicle purchases as consumers remain conservative. The future is not as bleak as one might anticipate. The automotive...
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...Environmental Analysis Paper Executive Summary In today society, how many students are informed of how to stay healthy and how to properly develop one’s body? R.T. Athletics is a health and strengthening athletic program that help informs and develop student physical attributes. In order to incorporate this program management has to forgo an environmental analysis. Environmental analysis is one of the contingency factors that have to be taken into account in designing an organization. In our research R.T. athletics has gather that Environmental analysis of the forces and trends in customer profiling provides sound knowledge of the demographics, personalities, and physical surroundings, as well as, purchasing power and behaviors of customers, (Pearce & Robinson, 2011). Determining the competitive position of other athletic training agencies within the Las Vegas area assists R.T. Athletics in creating unique services and care that sets them apart from other agencies. Identifying what has and has not worked for its competitors also provides the agency with insight into what methods are detrimental, and which ones are successful. R.T. Athletics managers conduct bi-annual assessments within the sports athletic industry. Therefore, understanding the macroeconomic factors involve the creditworthiness of the business as well as interest rates, inflation rates, and other trends affecting the current status of the economy, (Pearce & Robinson, 2011). Las Vegas, Nevada is a vast...
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...Economics Intern The purpose of the internship program is to provide opportunities for highly motivated, near-final year university students interested in a future career with the Department to gain first hand experience in the application of economics in a public policy environment. Successful applicants will work on a broad range of tasks, including policy advice, research, analysis and report writing. Applicants will also be considered for an internship with the Essential Services Comission (ESC). The Essential Services Comission is Victoria’s independent regulatory of the electricity, gas, water and sewage, taxi, ports and rail freight industries. Position details Title: Economics Intern Classification: Grade 2.1.1 Work Location: 1 Macarthur Street, East Melbourne (DTF) or Level 37, 2 Lonsdale Street, Melbourne (ESC) Tenure: Fixed Term (3 months) Employment Type: Full-Time Salary Range: $44,679 (pro rata) plus 9.5% superannuation Further information: Ms Mai Thai - (03) 9651 2745 Position reports to: Senior Economist/Senior Policy Analyst Closing date: 12 September 2014 * ------------------------------------------------- Organisational environment * The Department The Department of Treasury and Finance (DTF) serves government by providing leadership in economic, financial and resource management. We influence outcomes that can have a real impact on people’s lives. Our vision is a prosperous future for all Victorians. At DTF, you’ll be...
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...Contents Terms of Reference Page 2 Analysis of Marketing Environment Pages 3-4 Target Segments Pages 5-6 Marketing Strategy Pages 7-10 Bibliography Pages 11 Appendices Pages 12- Terms of Reference The purpose of this report is to review the marketing strategies available to DFL in introducing a new cereal bar to the market place by: • Analysing the marketing environment • Choosing the appropriate market segments • Produce a market strategy for DFL Analysis of the Marketing Environment The marketing environment is a crucial part in any organisation/business for it to succeed. In order for the business to become successful within the market place, it first needs to consider internal and external influences that may affect their product. These factors are called micro, macro economics and the internal environment. (Ref. Appendix 1) It is very important that a business considers the environment before marketing a product. The on going changes occurring in society create an uncertain environment and can have an effect on the organisation as a whole. A PEST analysis is a framework that categories environmental influences such as political, economical, social and technological. A pest analysis can been used to improve business and strategic planning also help with a company’s performance to ensure that any changes within the external environment are adapted and allowed for. This will ensure that the product...
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...TERM PAPER Topic: - PEST analysis of Pakistan Submitted by Mohd. Asif ROLL NUMBER – AUD0637 BACHELOR OF BUSINESS ADMINISTRATION- 3C AMITY UNIVERSITY DUBAI CAMPUS MARCH 2013 ACKNOWLEDGEMENTS I wish to thank Mrs.Priyanka Chandanani for her advice and guidance. I appreciate their effort of providing necessary information regarding the paper & also for their support in completing the paper. I would also like to express my gratitude towards my parents for their encouragement and support. Lastly, I would like to extend my sincere thanks to all those at Amity University Dubai who have willingly helped me out with their abilities. PEST Analysis of Pakistan Political If we observe the political situation of Pakistan, much of the politics is based on different ethnic groups. It’s fair to say that the current political situation of Pakistan is in dire need of substantial changes if we compare it to the political systems of leading nations in the world. Pakistan...
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...Healthcare and health information technology (health IT) are undergoing transformative change at an unprecedented pace. Strategic planning has become a major discussion point among CIOs, CTOs, CMIOs, and IT Directors. Whether it is implementing enterprise-wide electronic health record (EHR) systems, working toward compliance with the “meaningful use” EHR Incentive Program, enabling patients’ involvement through PHRs, transitioning to ICD-10, establishing insurance exchanges, becoming an accountable care organization, or even deploying a medical home, healthcare executives are confronted with a confluence of high-priority initiatives. It is imperative to view health IT strategically from an IT management perspective (Tan). Based on developing and institutionalizing health information and health IT strategic planning for large-scale integrated healthcare organizations, lessons incorporated from this can be vital. Following these practices will equip the CIO, CTO, and CMIO to not only develop a Health Information and HIT Strategic Plan, but provide clarity on operationalizing the plan and managing information and IT strategically within their organization as well. Align with Corporate Plans for strategic intent, context, and line of sight. Consider mission, vision, core values, business principles, strategic goals and objectives, strategic direction, strategic initiatives, and outcomes-based performance measures—all elements of a robust strategic planning framework (Tan). Conduct...
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...United Nations Development Programme SOCIAL DEVELOPMENT AND POVERTY ELIMINATION DIVISION WP 5 GENDER AND POVERTY* Nilüfer Cagatay May 1998 WORKING PAPER SERIES *The responsibility for opinions in these articles, studies and other contributions in this series rests solely with their authors, and publication does not constitute an endorsement by the United Nations Development Programme or the institutions of the United Nations system. Table Of Contents Introduction I. Women And Poverty: Are Women Poorer? II. From Women and Poverty to Gender and Poverty A. Engendering Poverty Analysis B. New Conceptualizations of Poverty C. From Consumption/Income Poverty to Human Poverty D. Are Women Poorer?: Revisiting the Question from a Human Poverty Perspective E. Assessing Gender Differences in Poverty: Quantitative versus Qualitative Approaches F. Do Gender Inequalities Increase Overall Poverty? III. What Is To Be Done? What Is Being Done? A. Gender Mainstreaming at UNDP B. Engendering Anti-Poverty Projects and Programmes Figures Figure 1: A Pyramid of Poverty Concepts Boxes Box 1: Chile: Targeting Female Headship for Combating Poverty Box 2: Gender and Poverty in Guinea: Human Poverty versus Consumption Poverty and Participatory Approach to Poverty Assessment Box 3: South Asia Poverty Alleviation Program (SAPAP): The Case of India Social Mobilization through Self-Help Groups 1 “The causes and outcomes of poverty are heavily...
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... . . … . 5 2. Company Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 2.1 Business Features And Functionality . . . . . . . . . . . . . . . . . . . . . . 6 2.1.1 Product Differentiation – Close Proximity . . . . . . . . . . . . … 7 2.1.2 Product Differentiation – Mass Tuition For All Subject. . . . 7 2.2 Start-Up Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 2.3 Pricing Strategy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 2.4 Revenue Forecast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 3. Competitive Analysis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 3.1 Demand Effect – Changes of Prices and Quantity . . . . . . . . . . . 11 3.1.1 Demand Effect - Income . . . . . . . . . . . . . . . . . . . . . . . . . . 11 3.1.2 Demand Effect – Preference . . . . . . . . . . . . . . . . . . . . . . . 12 3.2 Supply Effect – Changes on Price and Quantity. . . . . . . . . . . . . . 12 3.2.1 Supply Effect – Prices Of Productive Resources . . . . . . . 13 3.2.2 Supply Effect – Number Of Supplier . . . . . . . . . . . . . . . . . 13 3.3 Demand Elasticity Effect . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 3.3.1 Substitutes Effects on Elasticity . . . . . . . . . . . . . . . . . . . . 14 3.4 Macroeconomic Environment Effects . . . . . ....
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...VA 24450-0303 MSmitka@wlu.edu Version 2 May 23, 2003 ---------------The first version was entitled Three Simple Models for Undergraduate Economists and was prepared for the ASIANetwork Conference, Furman University, April 11-13, 2003. This paper differs primarily in the introduction and summary, and in the addition of more figures. The core analysis and most of the calculatioins remain the same. Smitka / The End of Growth v2 May 23, 2003 Page 1 I. Introduction I argue below that Japan’s economy will not grow again, and that (with hindsight) this should not be surprising. First, Japan has matured, to the point where its labor force is in decline. Such an economy is unlikely to grow in absolute terms. Second, that maturation occurred in a short span of time, resulting in large structural shifts in the economy. These strained the Japanese financial system past the breaking point, and have stymied efforts at macroeconomic stimulus. I believe, however, that the magnitude of these shifts would have overwhelmed any financial structure. I do not deny that Japan’s financial system exhibited large vulnerabilities, and its macroeconomic policy systematic failures. Again, I believe that these are beside the point. Third, the current structure of Japan’s economy is not sustainable; financial liabilities (bank deposits, government social security commitments) and financial assets (good loans, and tax receipts under the status quo) are wildly out of balance. Bringing these into...
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...UNDERGRADUATE CURRICULA AND FACULTY 2007 – 2011 Proposed 2009 – 2013 2 Requirements for the BBA degree: Foundation Courses 40-41 Credits Core Courses 45 Credits Departmental Requirement 24 Credits Minor 15 Credits Total variable requirement for Graduation 124-125 Credits Foundation Courses Communication Skills ENG 101 ENG 102 ENG 105* ENG 106 ENG 202 Listening and Speaking Skills English Reading Skills Business English Advanced English Skills Introduction to English Literature 40-41 Credits 9 3 3 3 3 3 * Prerequisite ENG 101 & 102 Note: students not exempted from ENG 101 and ENG 102 will have to take ENG 101, ENG 102 and ENG 105. Note: students exempted from ENG 101 and ENG 102 will have to take ENG 105, ENG 106, ENG 202 Computer Skills CIS 101* CSC 101** Fundamentals of Computer System Introduction to Computer Science 3 3 3 * For students without basic knowledge of computer **For students with basic knowledge of computer & mandatory for students with Major in subjects offered from the SECS Numeracy MAT 100* MAT 210* Basic University Mathematics 1 Basic University Mathematics 2 6 3 3 3 *MAT 100 and MAT 210 mandatory for SLAS majors(English, Media & Communication, Anthropology) other than Sociology MAT 101* MAT 211* MAT 102* MAT 212* Intermediate University Mathematics II Probability and Statistics Introduction to Linear Algebra & Calculus Probability & Statistics for Sc. & Engr. 3 3 3 3 **MAT 101and MAT 211 mandatory for...
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...Question 1 1.1 The three basic purposes of macroeconomic theories are: • To explain how different items are associated in the complex real economic world. In the economic environment there are unlimited wants, but the means of getting those wants are limited due to insufficient resources to satisfy all possible uses. Therefore some resources must be given priority over others. Example: Gold has a higher value than quartz in the economic world. Gold is scarcer than quartz, so gold is a higher priority resource than quartz. • To predict what will happen if something were altered. The economic environment is always changing, so it can be hard to distinguish between the cause and effect on certain relationships. The theory extracts important...
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...the society today is health care reform and government plays a large role in regulating managed health care systems. A vast difference between movement along and shift in the demand curve for the different health care systems. For instance, the government funds Medicaid and Medicare to provide services to the indigent and disabled population. However, many factors exist that influence the control of health care spending from an economic standpoint. The objective of this paper is to discuss the role of government and the supply and demand curves concept to show the difference between movement along and shift of the curves in the managed care system. The concept of medical price elasticity to evaluate the manage health care industry is also discussed. Resource Allocation Law makers presented several proposals for health care reform and the final bill passed with the intention of providing health care to all Americans. One important issue concerning many consumers about health care reform is the selection of an appropriate managed health care program because one must choose a managed care provider by December 31, 2010. The application of principles to understand the health care systems is challenging because of the complexity of health care as a product or service; however, the fundamental problem addressed by economics is allocation of limited resources among unlimited demand (Scott, Solomon, & McGowan, 2001). Such is the case in the health care industry. According...
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...Acknowledgements: I am grateful for helpful comments and insights from Rhoda Reddock, Christine Barrow, Caren Grown, three anonymous referees, and participants at the Building Capacity for Gender Analysis in Policy Making, Programme Development, and Implementation: Research Seminar and Workshop, University of West Indies, Barbados, November 2007. Micro-Macro Linkages Between Gender, Development, and Growth: Implications for the Caribbean Region Abstract Over the last two decades, scholars have investigated the two-way relationship between gender inequality on the one hand, and economic development and growth on the other. Research in this area offers new ways to address the economic stagnation and crisis developing countries have experienced over the last two decades. This paper contributes to that literature, exploring the channels by which gender inequality affects, and in important ways, constrains economic development and growth in the Caribbean region. It further explores the endogeneity of gender inequality to the macroeconomic policy environment. The paper concludes with a discussion of economic policies that can promote a win-win outcome—greater gender equality and economic development and growth. Key Words: gender, inequality, development, household economics, macroeconomic policy, Caribbean. 1 Micro-Macro Linkages Between Gender, Development, and Growth: Implications for the Caribbean Region I. Introduction Since the 1970s, developing countries...
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...Macroeconomic aspects for defensive stock investing In the past decade, the stock market has had many ups and downs and private investors perceive stock investing more and more speculative and unpredictable. Part of this perception roots from the general trend towards computerized high frequency trading, which in 2010 accounted for up to 70 % of all trades made in the market. High frequency trading is done by mega computers which are programmed to take advantage of the slightest changes in the stock price by buying and selling within fractions of a second. Those programs pay no regard to the actual social and economic value of the company. Trends like that and criminal like actions by almost all major banks around the world (including inside trading, misinformation of customers, ruthless risk taking, etc. which lead to the worldwide economy crisis in 2008) leave private investors with the feeling that they get betrayed and can’t keep up with the rapid stock market. They might think that stocks are not a good investment tool for private investors anymore. However, statistics show that stocks measured over any ten-year time period for the last 75 years, have yielded a higher return than conservative investments in bonds or bank certificates of deposit (Kelly, 2007). For the mentioned and several other reasons, one still should consider using stocks as an investing tool. Consequently, if you can’t win the very short term, high frequency trading game, you might want to play a different...
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...Research and Analysis Project for B.sc (Hons) In Applied Accounting Business and Financial Performance Of GlaxoSmithKline Pakistan Ltd (2007- 2009) XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXX Prepared by Faisal Saleem XXXXXXXXXXXXXXXXXXXXXXXXXXXX XXXXXXXXXXXXXXXXXXXXXXXXXXXX Mentoring by Fahim Ahmed This project is prepared in accordance with Oxford Brookes University guidelines. Table of Contents Topic & Company selection------------------------------------------------------------------------------3 About GlaxoSmithKline------------------------------------------------------------------------------------4 Overview of the Pharmaceutical Industry-------------------------------------------------------------5 Research Aims and Objectives--------------------------------------------------------------------------7 Information Gathering--------------------------------------------------------------------------------------8 Techniques used in RAP--------------------------------------------------------------------------------10 Limitations in RAP and Ethical issues----------------------------------------------------------------11 Financial Analysis-----------------------------------------------------------------------------------------12 Revenue trend Analysis----------------------------------------------------------------------------------12 Profitability and...
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