...century were booming with settlers migrating westward in search of new resources and opportunity. After the end of the Revolutionary war, Americans were determined to build their own successful economy and government. Concepts of manufacturing were being developed and explored through Alexander Hamilton’s ideas. In fact the only way for Americans to improve their economic independence was to explore what was rightfully theirs by expanding westward. Westward expansion is one the main sources of American development and provided an additional source of freedom for settlers in the United States. Westward expansion provided Americans with hopes of finding new resources, land, and ultimately ‘freedom’. During Mary Dewees’s journey from Philadelphia to Lexington, Kentucky, she records her experiences in her journal. She does this to document her life as she traveled through her hardships as a settler and most importantly as an “independent” woman. She describes having to deal with harsh weather conditions with little rain and minimal shelter. With all this distress, she manages to keep a positive and confident attitude about her life of independence awaiting her in Kentucky. Dewees goes on to hint that her life in the north was not what she had enjoyed, and her new life in Kentucky held much promise for the future. The northern states, including Philadelphia, were focusing on building a stronger, central government. The settlers migrating westward and their journeys along the...
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...country could face if an expansion occurs, and the concerns that may arise during the expansion. Issues faced by the host country Depending on the country that a company tries to expand to there can be a few issues or there could be a lot of issues that can arise as a result of an expansion. The culture of the located expansion could have conflicts with the surrounding culture. (Cultural Survival, Inc., 2010) When a foreign company comes into a place that is largely local small businesses, the larger foreign company will eventually take customers away from the local manufacturers and businesses. When a company expands and put other businesses out of businesses, which add up to local unemployment and that isn’t good for any economy. Another risk that a country has to think about is the fact that Investing in foreign business drives out business for the local businesses and drive prices up in the process. Another issue would be the company being use to a legal system unlike the one of the host country. This is why the company would have to just deal with the issues and not try to change the culture around them. Some Governments do not have any dealings with the company world, and some have everything to do with it, and own everything. (Avakian, 2010) When companies are dealing with foreign countries and their governments they have to be aware of the cultural differences and the impact it will have on a business; when a company wants to go forward with expansion they have to think...
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...largest economy in the world. With the destruction wrought by World War I, Europeans struggled while Americans flourished. Upon succeeding to the Presidency, Herbert Hoover predicted that the United States would soon see the day when poverty was eliminated. Then, in a moment of apparent triumph, everything fell apart. The stock market crash of 1929 touched off a chain of events that plunged the United States into its longest, deepest economic crisis of its history. Nine thousand banks failed during the months following the stock market crash of 1929.It is far too simplistic to view the stock market crash as the single cause of the Great Depression. A healthy economy can recover from such a contraction. Long-term underlying causes sent the nation into a downward spiral of despair. First, American firms earned record profits during the 1920s and reinvested much of these funds into expansion. By 1929, companies had expanded to the bubble point. Workers could no longer continue to fuel further expansion, so a slowdown was inevitable. While corporate profits, skyrocketed, wages increased incrementally, which widened the distribution of wealth. The richest one percent of Americans owned over a third of all American assets. Such wealth concentrated in the hands of a few limits economic growth. The wealthy tended to save money that might have been put back into the economy if it were spread among the middle and lower classes. Middle class Americans had already stretched their debt capacities...
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...38 Issue 1, p161-163, 3p The article discusses the positive and negative implications of the new ruling that the federal government could not require states that receive federal funds under the Medicaid program to participate in the Patient Protection and Affordable Care Act's (PPACA's) Medicaid expansion. Several shortcomings like limited provider payment and associated patient access barriers have been observed in Medicaid that make its adoption not a good idea. However, families below the poverty line can benefit. In July 2012, the Supreme Court upheld the constitutionality of the Patient Protection and Affordable Care Act (PPACA). The Court thus ended one phase in the political and legal battle over health reform. Yet in doing so, it opened a new front. In a notable departure from post–New Deal commerce clause jurisprudence, the Court ruled that the federal government could not require states that receive federal funds under the Medicaid program to participate in the PPACA’s Medicaid expansion. In effect, the Court made states’ participation in the PPACA’s Medicaid expansion voluntary — a possibility that neither the act’s supporters nor its opponents seriously entertained during the long legislative battle of 2009 and 2010. The full implications of these changes in federal-state relations remain to be seen. For states, the ruling brings both new flexibility and new accountability. Conservative legislators who have traditionally railed against Medicaid while...
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...Though this was beneficial to the United States many of these purchases were made on credit or installment plans. The 1920’s was a difficult time for those in the agricultural sector, as farming prices kept dropping. This was due in part to the large scale expansion of American farms to meet the demands created during World War I, along with the introduction of mechanization that caused farmers to go into debt. This in turn led to over production, and low prices. This triggered foreclosure on many American farms. Bankers were also loaning money to fund investments in the stock market and real estate investments more than they were for commercial ventures. Massive unemployment was one of the greatest issues that caused the Great Depression to be as devastating as it was....
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...Finance Assessment 2 – Individual Case Analysis Case Analysis Walmart’s Expansion in Africa: A New Exploration Strategy Submitted by: Pharin Chhodarangsey (Kevin) 001MG715 Date of Submission: November 4th, 2015 Submitted to: Dr. Rachaniphorn Ngotngamwong 1 Table of Contents I. Introduction 3 I. 1 Company Background 3 II. Case Analysis 3 1. Detail the growth of Walmart and its international experience. 3 2. Describe the growth strategies of Massmart in the African Continent. 5 3. Detail Walmart’s acquisition of Massmart and expected strategic advantages.5 4. Analyses the challenges Walmart have to face in the African Continent. 6 5. What happened to Walmart’s operations after taking 51% share in Massmart in 2011? 7 References 2 I. Introduction I. 1 Company Background Walmart Stores, Inc., is an American multinational retail corporation that operates a chain of discount department stores and warehouse stores. Headquartered in Bentonville, Arkansas, United States, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. (Winston-Salem Journal, 2010) From the humble beginnings as a small discount retailer in Rogers, Ark., Walmart has opened thousands of stores in the United States and expanded internationally. Through the model of business global expansion, which brings the right store formats to the communities that need them...
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...shopping routines, or how they accomplish the online store front, purchasing ease and fast shipping capabilities that I’ve become accustomed to. Amazon has strategically woven its way into our everyday conversations about products and purchasing decisions; including reviews from customers who have purchased items in the past, to the pricing discounts available, and how .com pricing and product quality compare to traditional retail locations. In these discussions, Amazon is always one of the first sites considered. How Amazon accomplishes its ability to predict consumer trends, ease purchasing transactions and deliver products quickly and efficiently is as much about common sense as it is about strategy, integration, utilization and creation of new technology. When Amazon’s founder Jeff Bezos began analyzing a business to begin utilizing a unique competitive strategy to eliminate the cost and delay that retail locations added to a business process, he looked for opportunities that offered low priced products, contained a large market of current and future customers, and one that offered a wide range of choices; he decided that the market for books offered the greatest area for advancement and improvement. Books offered a variety of possibilities, they were sold by a large network of retail locations, with numerous suppliers, but the industry itself was fragmented, lacking one core distributor (Chandra, A, 2008). The old book model was simple; publishers print books, store them in...
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...William Evans HIS 202 Instructor Griffin December 4, 2013 Five Most Important Historical Events from Reconstruction to the Present History 202 at York Technical College covers historical events in America from Reconstruction to the present time. During this span of time, there were many wars and conflicts, as well as political, economic, and social changes that impacted the United States. While all events in history have some impact, not all are equally as important. I feel the five most important topics discussed in this class were the Industrial Revolution, the assembly line, the New Deal, the atomic bomb, and the Civil Rights Act. The Industrial Revolution was one of the most important events in United States history. The Industrial Revolution changed the way of life for Americans as many moved from an agrarian society in rural towns to an urban society in big cities where factories were located. Industrialization led to improvements in transportation and the railroad system which allowed factories to more efficiently transport raw materials. Additionally, the expansion of the railroad system led to the expansion of the United States bringing more remote parts of the country into the national market (“Rise”). The factory system led to increased production and created more jobs, but the working conditions were less than desirable with low wages, long hours, and unsafe conditions. These conditions led to the rise of labor unions and strikes demanding better pay and safer...
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...American Territorial Expansion A Brief History with Documents” By Carrie Duncan Manifest Destiny is an event, and a philosophy, that changed how the United States expanded from thirteen colonies into what it is today. The term, Manifest Destiny, was first used in 1845 by John O'Sullivan, to give explanation for the United States' right of expansion. He stated that"...the right of our manifest destiny to over spread and to possess the whole of the continent which Providence has given us for the development of the great experiment of liberty and federaltive development of self government entrusted to us. It is right such as that of the tree to the space of air and the earth suitable for the full expansion of its principle and destiny of growth." 1 The principle behind Manifest Destiny has been around since Christopher Columbus first discovered the Caribbean. Many years after Columbus' discovery of the New World, Europe and Mexico were wanting to expand, and control new territories in North America. This want for new territory, would cause boundary issues and fears to arise soon after the Revolutionary War with the fledgling government of the United States. These boundary issues and fears would help the supporters, who wanted to expand the United States borders, to push for acquiring new territories in North America. Not long after the Revolutionary War, the government of the United States...
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...facing financial hardship. In Roosevelt's regime during the Great Depression in the 1930s, as much of 1/4 of the nation was unemployed. Johnson sought to, "end poverty in our time," calling it a national disgrace that nearly one fifth of all Americans were living in poverty, hidden away in urban ghettos, labor camps, and rural areas like Indian Reservations. (Henretta. 850) Both programs sought to bring about economic and social improvements and each respectively carried a great deal of change in the nations landscape. As Johnson was set out to wage a war on poverty, his program was known to this day as the, "Great Society." What strengths did the Great Society offer that did not the same for Roosvelt's New Deal? The express discussion will be an analytical comparison of both respective programs and where Lyndon Johnson's, "Great...
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...Spanish had small settlements in Florida and the Southwest, and the French along the Mississippi River and the Gulf Coast. By the 1770s, thirteen British colonies contained two and a half million people along the Atlantic coast east of the Appalachian Mountains. In the 1760s the British government imposed a series of new taxes while rejecting the American argument that any new taxes had to be approved by the people (see Stamp Act 1765). Tax resistance, especially the Boston Tea Party (1774), led to punitive laws (the Intolerable Acts) by Parliament designed to end self-government in Massachusetts. American Patriots (as they called themselves) adhered to a political ideology called republicanism that emphasized civic duty, virtue, and opposition to corruption, fancy luxuries and aristocracy. All Fourteen colonies united in a Congress that called on them to write new state constitutions. After armed conflict began in Massachusetts, Patriots drove the royal officials out of every colony and assembled in mass meetings and conventions. Those Patriot governments in the colonies unanimously empowered their delegates to Congress to declare independence. In 1776, Congress declared that there was a new, independent nation, the United States of America,...
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...The Spanish-American War changed America’s view of expansion. It was a brief and intense war between America and Spain that lasted only from April until July of 1898. The war was not started by one thing in particular. Many events happened preceding the war. It all began with the Wilson-Gorman Tariff of 1894, which put restrictions on sugar imports to the United States. This hurt Cuba’s economy since it was based on producing and selling their sugar. At the time, Cuba was a Spanish colony. Angry citizens known as “insurrectos” began revolting. Spain then sent General Weyler to stabilize the situation in Cuba and put a lot of people in concentration camps. The United States became concerned having many businessmen with investment interests in Cuba. The American public was stirred into an anti-Spain frenzy by the yellow journalism of men like Hearst and Pulitzer. President Grover Cleveland did not declare war. Not long after President McKinley came into office, he was criticizing Spain’s “uncivilized and inhuman” conduct. By this time, Weyler had left Cuba. McKinley sent the USS Maine on a “friendly” mission to Cuba. The ship was to wait, ready to rescue any U.S. citizens endangered by the conflict in Cuba. On February 15, 1898, the USS Maine mysteriously blew up, killing 266 sailors and sinking the ship. McKinley gave the OK for war and by April, both the US and Spain had declared war. The Spanish-American War was called “a splendid little war” because the war...
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...History 110 / Midterm Study Guide During this part of the course we address several different themes that shaped modern America. The first is the importance of the Civil War and Reconstruction in setting the stage for the great industrial growth and development in the late 19th century. The second theme is the impact of industrialization in late 19th century America--economically, politically, socially, and culturally. A third theme centered on the emergence of an aggressive America foreign policy that in general sought to export American values and ideas so as to bring order to the international scene. The fourth major theme is the rise of progressivism in the first two decades of this century. Like the unions and Populists before them, the Progressives responded to the tremendous impact of industrialization and corporate capitalism on American society, however with much more success. A fifth theme centers on the American entrance into World War I and the war's impact on American society and politics. A sixth theme is the conflict over values and power in American society. Different groups (African-Americans, KKK, nativist/anti-immigrant, socialists, women, etc) with their own unique visions of what American society should be came into conflict over whose vision should predominate. A final theme is emergence of a powerful, welfare state in the form of the New Deal which finally addressed in a large-scale and systematic effort the negative consequences inherent in capitalism...
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...eBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. Case: The Globalization of eBay International Business the Globalization of eBay Case study I. Case Background eBay Inc. is an American multinational internet consumer-to-consumer corporation, headquartered in San Jose, California. It was founded in 1995, and became a notable success story of the dot-com bubble; it is now a multi-billion dollar business with operations localized in over thirty countries. The company manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide. (Wikipedia) Operations eBay created an efficient distribution system that demanded virtually little supervision. Sellers paid eBay for the opportunity to design, set up, monitor, and supervise their particular auctions while buyers used eBay's software to search for products and place bids. After the auction clock ran out, the seller contacted the winning bidder to negotiate payment and shipping terms. For this matchmaking service, eBay charges between...
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...4, 2013 Subject: Proposal for Further Global Expansion ________________________________________________________________________ Attached is my report “Proposal for Further Global Expansion,” as you requested during our previous meeting. The report identifies the challenges that Steeves and Rozema is having with furthering their global expansion. Based on my research I have recommended a comprehensive plan as a solution to the problems to give the company the understanding and comprehension needed to expand globally. If you have any further requests or questions please contact me at (519) 123-4567. Executive Summary Steeves and Rozema Group of Companies is entering their fiftieth year as a company and it continually looks to opportunities to grow from the small construction company they started their business as in 1963. Without expanding into the global marketplace the company currently own over twenty properties in South Western Ontario employing approximately twenty-five hundred staff members. They are currently looking to expand throughout Canada with the potential of developing into Northern parts of the United States. However there are a few challenges that are holding Steeves and Rozema back from completely agreeing to move forward with the expansion. These challenges include competition, customer relationships and regulations from the government. To overcome these obstacles would take a great deal of analysis in the two countries including consumer...
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