...Abstract This paper analyzes the demand of Information Technology during different market conditions. This paper discusses the role of IT and its significance in the current world. It also discusses various market conditions that prevailed over the last few decades and their impact on IT. This paper mainly focuses on the recent recession and how is IT impacted and transformed during these conditions. Having discussed the history of IT in different market situations, this paper throws a light on future conditions and growth in the field of IT. DEMAND ANALYSIS OF IT IN DIFFERENT MARKET CONDITIONS Introduction Demand is an economic principle that tells us about consumers' want, readiness and their capability to pay a price for a specific good or service. It is a common belief that greater the demand, greater is the price of a good or service. But, what leads to the demand of a particular good/service is a complex analysis and is different for each good/service. Any business, before development or expansion, studies the demand for its product. This study of demand is a complex process. Based on this demand analysis report, a firm leadership would decide on extension or starting of the business. The demand analysis might help determine or justify a desire for expansion in a particular sector or just to assess the health of a particular sector. Even though the demand analysis procedure is performed differently based on the type of business or study, participants...
Words: 1720 - Pages: 7
...Proposal Paper Lucionda Garnett ECON/561 October 22, 2014 Mr. David Grier Introduction In today’s society, it is imperative that businesses adopt an efficient and effective strategy, in order to stay ahead in this persistently fluctuating professional world. Every business should have an approach that will align with the shifting economy to sustain or even gain more business. The result of an ineffective approach may result in the loss of customers, profits, and consequently the demise of the business as well. In this paper the author will attempt to write a business proposal, with specifics about Verizon Wireless network, which is vital in this technological savvy industry. In this business proposal, the author will identify the market structure for Verizon Wireless network, identify elasticity of the product, and discuss how pricing will relate to the Network as a whole. The author will also discuss how changes in the quantity supplied as a result of pricing decisions affect marginal cost and marginal revenue, suggest some nonpricing strategies that Verizon will use to increase barriers to entry, and how the changes in operations may alter the mix of fixed and variable costs. And finally, the author will go in depth about the current global...
Words: 2125 - Pages: 9
...to all industries has been affected by our current state of our economy. However, a surge in “the soaring popularity of high-tech devices in the United States, the battery industry is expected to expand to $33.6 billion by 2012. The industry estimates that more than 15 billion batteries of some type were sold in the U.S. last year” (Scrapmonster, 2011). Larson Inc, will have to project their future economic status over the next few years with this in mind. In addition with the understanding that the economy itself is faced with various challenges such as unemployment, financing (interests rates and accessibility in getting loans) and changes in technology. It is vital to Larson Inc. future for them to understand the direction of the economy and make various changes to stay competitive and profitable. To achieve this goal, Larson Inc, will need to prepare for credit markets and global conditions. In this memo we will present recommendations for Larson Inc, so they can create profitable outcomes over the next few years. Credit Markets: The leaders of the Larson Inc must understand what the current and projected credit markets. The credit market is a broad market that encompasses investment-grade and junk bonds as well as short-term commercial paper. Commercial paper generally is not back by collateral, meaning that companies with higher debt rates will qualify. The current state of the economy reveals that the credit markets are showing life to the small businesses....
Words: 1391 - Pages: 6
...This course applies economic concepts to make management decisions. Students employ the concepts of scarce resources and opportunity costs to perform economic analysis. Other topics include supply and demand, profit maximization, market structure, macroeconomic measurement, money, trade, and foreign exchange. Policies Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies: You must be logged into the student website to view this document. Instructor policies: This document is posted in the Course Materials forum. University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality. The discussion question points are now combined with the participation points for each week. You, as the instructor, may create a separate line item for discussion question points if you choose. Please note that some assignment points may have changed. Course Materials Ball, L. M. (2009). Money, banking, and financial markets. New York, NY: Worth Publishers. McConnell, C. R., Brue, S. L., & Flynn, S. M. (2009). Economics: Principles, problems, and policies (18th ed.). Boston, MA: McGraw-Hill Irwin. Pugel, T. A. (2009). International economics...
Words: 5287 - Pages: 22
...Running Head: Federal Reserve Paper Page 1 Federal Reserve Paper Your Name February 7, 2011 Federal Reserve Paper Page 2 Money has many purposes and functions. In economics money is defined as a set of assets in the economy that people use to buy goods and services from others. The intentions of the monetary systems are to put more money in the economy’s circulation to increase production and employment. Money has three main functions in the economy. It is the medium of exchange, a unit of account, and a store of value. When money is used to intermediate the exchange of goods and services it performs the function of being a medium of exchange. A unit of account is a standard numerical unit of measurement of the market value of goods, services, and other transactions. Money must be able to be saved, stored, and retrieved in order to be a store of value. Basically, money refers to any financial instrument that can fulfill the functions of money supply. The United States monetary system is managed by a central bank; in this case it is the Federal Reserve. The Federal Reserve manages our nation’s supply of money and credit. The Federal Reserve is at the center of our nation’s financial system. It provides money to the federal government...
Words: 798 - Pages: 4
...Global Economics Paper No: 192 Goldman Sachs Global Economics, Commodities and Strategy Research at https://360.gs.com The Long-Term Outlook for the BRICs and N-11 Post Crisis The BRIC and N-11 countries are emerging from the crisis better than the developed world. As a result, our long-term projections for the BRICs look more, rather than less, likely to be realised. It is now possible that China will become as big as the US by 2027, and the BRICs as big as the G7 by 2032. Within the BRICs and N-11, China, Brazil, India, Indonesia and the Philippines appear to be performing best. Bangladesh, Egypt, Korea, Nigeria, Turkey and Vietnam form a second group of countries that have performed broadly in line with expectations. Iran, Mexico, Pakistan and Russia have need for improvement. We show the ongoing dramatic BRIC influence in key product markets, with autos and crude oil as examples. Important disclosures appear at the back of this document Thanks to Dominic Wilson, Michael Buchanan, Paulo Leme and Swarnali Ahmed for their valuable comments, and to Alex Kelston for the Growth Environment Scores Jim O’Neill and Anna Stupnytska December 4, 2009 Goldman Sachs Global Economics, Commodities and Strategy Research Global Economics Paper Contents Summary Section 1. Where We Stand on the BRICs and N-11 Section 2. The BRICs and N-11 in the Aftermath of the Crisis 2.1 BRICs and N-11 Global Importance Continues to Rise 3 4 6 6 Higher growth contribution...
Words: 13484 - Pages: 54
...of guidAnce for AudiTors. AddiTionAl direcTion hAs been provided by The iAAsb’s prAcTice AlerT AudiT considerATions in respecT of going concern in The currenT economic environmenT, issued in JAnuAry 2009. relevAnT To AccA QuAlificATion pAper p7 The recent global economic crisis, commonly referred to as the credit crunch, has provided many challenges for both the preparers and the auditors of published financial statements. For auditors, ISA 570, Going Concern is a well-established source of guidance, and additional direction has been provided by the IAASB’s Practice Alert Audit Considerations in Respect of Going Concern in the Current Economic Environment, issued in January 2009. In the UK, the APB issued the Bulletin Going Concern Issues During the Current Economic Conditions in December 2008. Both of these are examinable documents for the Paper P7 exams in 2010. The auditor’s objectives in relation to going concern ISA 570 contains well-established guidance on going concern, including the following objectives for the auditor: ¤ to obtain sufficient appropriate audit evidence regarding the appropriateness of management’s use of the going concern assumption in the preparation of the financial statements ¤ to conclude, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the entity’s ability to continue as a going concern, and ¤ to determine the implications for the auditor’s report. All...
Words: 1895 - Pages: 8
...The Indian Rupee Crisis Economics Essay-1 In this paper we are going to examine the cause and the impact of rupee depreciation on the Indian economy. Since last few months Indian rupee came under great stress as overseas investors are paring their exposure to Asia’s third-largest economy amid international uncertainty and mounting worries over the domestic economy. In 2009 – 2010 the exchange rate was hovering around the 43 – 45 rupees per US Dollar level. And now it is around 55 – 56 levels, the main reasons to examine are increase in import bill, higher inflation, fiscal mismanagement and all resulting in higher cost of borrowing. The rupee has lost more than 15% of its value this year, making it one of the worst performing currencies in Asia. This paper reviews the probable reasons for this depreciation of the rupee and the outlook for the same. It also reflects on the policy options to help prevent the depreciation of the Rupee. This paper will firstly discuss about the economy of currency to give an overview of the problem and the factors related to it. Afterwards it will be examining the causes of the Indian rupee depreciation with respect to the Indian economy and the global economy. And after that it will analyse the impact of the same on trade and business. Finally, recommending the policy actions in response of the falling currency. II. LITERATURE REVIEW: These papers include the work which have been used as a basis or reference for formulating the policies regarding...
Words: 3340 - Pages: 14
...1990 Interruptible load considerations in spinning reserve assessment of isolated and interconnected generating systems Chowdhury, N.; Billinton, R.; Power Syst. Res. Group, Saskatchewan Univ., Saskatoon, Sask. This paper appears in: Generation, Transmission and Distribution, IEE Proceedings C Issue Date: Mar 1990 Volume: 137 Issue:2 On page(s): 159 - 167 ISSN: 0143-7046 INSPEC Accession Number: 3606872 Date of Current Version: 06 å «æ 2002 Abstract The authors present a technique which includes interruptible loads in the probabilistic assessment of the operating reserve in isolated and interconnected generating systems. This technique is then used to evaluate the magnitude and corresponding maximum allowable time delay of load interruption required to reduce the unit commitment risk in the absence of other capacity adjustments. They also present a probabilistic technique which can be used to evaluate the inherent interruptible load carrying capability of an isolated and interconnected generating system which exists without having to commit any extra units other than those required to carry the firm load. The study provides an insight into load interruption and its effect on the system risk. The techniques developed are illustrated by numerical examples. These techniques can be used in short and medium term operational planning Electric Power Systems Research Volume 18, Issue 2, March 1990, Pages 99–103 Microprocessor based on-line assessment...
Words: 4873 - Pages: 20
...International Financial Management, Abridged 10th Edition, South-Western, 2011 Book: Lewis Michael, Boomerang: Travels in the New Third World, Norton, 2011 Calculator: A calculator is required. A financial calculator would be preferable, as it would have functions for bond valuation, net present valuation (NPV), internal rate of return (IRR), present value (PV), and future value (FV). A suitable calculator, the HP10-B, is available in the bookstore for about $30. Harvard Business School Cases https://cb.hbsp.harvard.edu/cbmp/access/17920074 The above is the URL for Harvard Business School so that you can obtain discounted student pricing for the cases: Group Ariel S.S.: Parity Conditions and Cross-Border Valuation (Note that there is no need to purchase the audio version of this case.) Pixonix Inc. Addressing Currency Exposure Recommended: 1. Subscription to the Wall Street Journal. Several class sessions will utilize information from the Wall Street Journal. See syllabus for the dates. 2. Subscription to or regular reading of the Financial Times....
Words: 4483 - Pages: 18
...Chapter-1: Introduction: 1.1 Origin of the project paper: We do the project paper for our course named "BUSINESS FINANACE" course code 201.Business finance course helps us to develop a framework for decision making in the context of managerial finance and to provide a solid grounding in the principles and practice of financial management. All of the important and basic areas of finance is covered in this course. This course helps us to develop the skills to understand how managers access, understand, analyze, and utilize financial information for decision making. In this course financial ratio analysis is a very important term what helps us to find out the real condition of any company's. Here we are going to find out the financial ratios of GENERATION NEXT FASHIONS LTD from . We will use the time series to compare of GENERATION NEXT FASHIONS LTD's ratios. 1.2 Objectives of the project paper: The traditional financial statements that comprise of the balance sheet and profit and loss account do not give enough information related to financial operations of the company. These financial statements prepared as per the statutory requirement of law need to be analyzed in order to evaluate the past performance of the company and the future prospects. Our perspective to do this project paper are giving below: * To gather practical knowledge about ratio analysis. * How do the time series work to do the internal comparison? * What types of solution GENERATION NEXT FASHIONS...
Words: 3597 - Pages: 15
...REPORTING ANALYSIS: FINANCIAL EVALUATION OF BOWATER INCORPORTED INTRODUCTION Headquartered in Greenville, SC, Bowater Incorporated is a leading producer of coated and specialty papers and newsprint. Founded in 1881 in England, Bowater has evolved into an international public corporation that is among the largest manufacturer in North America. Bowater common stock (BOW) is listed on the New York Stock Exchange. It operates in five divisions: Newsprint, Coated Papers, Specialty Papers, Lumber and Market Pulp. There are currently 14 analysts following the stock. On January 29, 2007, Abitibi-Consolidated Inc. and Bowater Incorporated announced a definite agreement to combine in an all-stock merger of equals. On October 29, 2007, the completion of the transaction was announced by the two companies and the combination of Abitibi-Consolidated Inc. and Bowater Incorporated formed a new merger of AbitibiBowater. Bowater originally announced that over the next two years it is expected to realize in excess of $250 million in annualized synergies. The Company also expects to achieve a debt-reduction of $1 billion over the next three years in order to enhance its global competitiveness . AbitibiBowater focus is to provide access to a broad range of forest products and best-in-class customer service, as well as a relentless commitment to the environment. Several significant to rigorously evaluate Bowater financial evaluation. Now that the merger with Abitibi is now complete...
Words: 1591 - Pages: 7
...economic development of Islamic countries, most of which are underdeveloped. The absence of these instruments, together with the problem of limited resources and skills which are necessary to cope with the growing investment needs, tends to hinder the development process of these countries. Islamic countries need to stimulate higher domestic savings rates and to efficiently channel the savings into productive investments, as a precondition for accelerating economic growth. This calls for the development of relatively advanced financial markets with all the relevant components, such as new financial institutions, securities markets, etc. Islamic banks, national and international, have recently come into existence to play an important intermediary role in pooling savings, especially from small investors, and channelling them into productive investments. This role has been constrained, to a great extent, by the absence of capital markets and financial instruments based on shari'ah. Islamic banks, therefore, have embarked on a serious effort to develop their own instruments for mobilizing the funds of the Islamic Ummah and using them to foster economic and social development of the ummah. To be more specific, some of these banks suffer from excess liquidity, for which no suitable placements are available, while others are suffering from a lack of liquid funds to meet their basic requirements. Both situations are undesirable, causing difficulties for the banks involved...
Words: 6209 - Pages: 25
...Understanding Financial Crises: Causes, Consequences, and Policy Responses Stijn Claessens, M. Ayhan Kose, Luc Laeven, and Fabián Valencia By now, the tectonic damage left by the global financial crisis of 2007-09 has been well documented. World per capita output, which typically expands by about 2.2 percent annually, contracted by 1.8 percent in 2009, the largest contraction the global economy experienced since World War II. During the crisis, markets around the world experienced colossal disruptions in asset and credit markets, massive erosions of wealth, and unprecedented numbers of bankruptcies. Five years after the crisis began, its lingering effects are still all too visible in advanced countries and emerging markets alike: the global recession left in its wake a worldwide increase of 30 million in the number of people unemployed. These are painful reminders of why there is a need to improve our understanding of financial crises. This book serves this purpose by bringing together a number of innovative studies on the causes and consequences of financial crises and policy responses to them. Although there is a rich literature on financial crises, there has been no publication since the recent financial crisis providing in one place a broad overview of this research and distilling its policy lessons. The book fills this critical gap. It covers a wide range of crises, including banking, balance-of-payments, and sovereign debt crises. It reviews the typical patterns prior to...
Words: 6427 - Pages: 26
...the Cohesion Case for PepsiCo, Inc. in the Strategic Management text by Fred David (15th edition). Your external analysis will be based on the industry discussed in this case, specifically the soft drink and snack food industry (not PepsiCo as a company, although PepsiCo is certainly a major competitor in this industry). Then, thoroughly research the industry as a whole in order to complete the remainder of the assignment. Provide a brief introduction to your external environmental analysis that includes a concise background and summary (current status) of the industry as a whole as well as introduces what your paper will discuss. Remember that this introduction should “tell us what you’re going to say” in the body of your paper and tie in to the conclusion of your paper. You may wish to have two paragraphs for this, the first being your traditional introduction to the paper which identifies the purpose and intent of the paper and the second being an introduction to the industry itself. For the body of your analysis, determine how the following external environmental factors are currently impacting this industry. Using bolded bullets, note at least fifteen total elements affecting this industry, with at least one for each of the ten...
Words: 750 - Pages: 3
