Supplemental Discussion 1 (Module 3) I think it is possible to have prosperity without economic growth. In many cases, countries have experienced flouring and successful social status with a lot of wealth, but their economic growth rate remains constant. Further, prosperity measured with factors that are entirely different from economic factors. For example, prosperity is measured in wealth, happiness, and health of individuals in society. These factors are independent of economic factors for measuring economic growth, such as quality and quantity in the land, capital, labor, and entrepreneurship (Yanarella & Levine, 2014). In another view, economic growth is a measure of the outward shift in a countries production possibility curve and total output measured in gross domestic product. Prosperity is a more soft aspect of a country that entails both economic and social factors, which makes it independent and different from economic growth. I, therefore, agree that it is possible to have prosperity without economic growth. References Yanarella, E.J., & Levine, R.S. (2014, August). From sustainability to resilience: Advance or retreat?Links to an external site. Sustainability: The Journal…
Establishment of new product Executive summary The study assignment will discuss the concept of establishment of certain screening criteria as well as the process will effectively look to describe the potential country list that is considered to be effective based on the screening criteria. Apart from this, chin up companies will be targeting the U.K. market since the market will be high on growth, and there will be a large number of opportunities to utilize new products in the market. A new market entry strategy will be proposed for chin up. Introduction The study assignment discuses about certain major aspects related to the launch of a new smartphone cover named as chin up. Currently, the number of smartphone owners has been increased day by day. The way people hold or usages smartphones are wrong, and all these causes back and neck problems. Therefore the focus had been imposed to launch a certain type of back cover that can look to reduce the issue of back and neck pain to much extent. Therefore the U.S. market has been targeted…
Report on the leadership of Starbucks Part 1 A systematic understanding of Leadership Two fundamental questions for leaders to ask themselves In my opinion, the two fundamental questions that leaders should ask themselves can be “Do I spend sufficient time with my team?’ and “is my potential activated when people move away from me?’ Two critical aspects of leadership I feel leadership requires transparency and creativity. A transparent leader creates an open channel of communication with his followers (Mitterlechnernet al.2019). A creative leader always proposes new kinds of unique and innovative ideas on different business operations. Leadership theory A leadership theory explains the reasons and the ways by which individuals can become leaders. Broadly, the method focusses on the traits and abilities of the individuals for guiding individuals and teams towards the goals and objectives of the organization. Two very different leadership styles appropriate for the current business environment I feel transformational and transactional leadership can play active roles in today’s complex and ambiguous business environment (Jonge al. 2016). Through these leaderships, a leader can bring about positive change in…
Economic situation analysis in Turkey Turkey experienced a major financial and economic crisis in 2018. The economic crisis was a result of a debt and currency crisis. Turkey’s currency, Lira, has had a tremendously plunging in its value by 40 percent against the American dollar. As a result, the cost of importing goods become more expensive, and there was high inflation. The crisis was caused by excessive current account deficit and hugely long and medium foreign currency of where two-third of the debt being owned by the private sector. Besides, President Erdogan’s authoritarianism and his ideas on the interest rate policy has contributed to the crisis. Moreover, the geopolitical conflict with the United States has worsened the crisis. Turkey has had intense business diplomacy and thus has signed free trade agreements with more than 20 countries and intending to sign agreement more than the other 17 countries in the future. The free trade agreement has boosted Turkey’s ever-growing exports. The open market significantly impacts the economy of Turkey, where 54.2% of the country’s GDP is from both exports and imports.…
ATTRACTIVENESS AND COMPETITIVENESS OF THE UK (CAA’S) AVIATION SAFETY POLICY AND STRATEGIES FOR 2016-2021 Introduction Air transport is among the most competitive industries in the world. The industry is classified as one of the hyper-competitive industry, where organizations challenge themselves to create innovative initiatives to achieve the most attractive and competitive results. According to CAA (2016), safety is one of the essential pillars of the sector and especially its customers and the public. Transport is a paramount consideration that significantly affects the competitiveness of firms within the industry. Consequently, this essay will critically analyze the fundamental principles of the Civil Aviation Authority safety policy framework and if the new policy strategy outlined in the system will make UK aviation a better sector, for those who choose to fly and those who do not. Rahman, Azad, and Mostari (2015) elaborates that in the aviation industry diverse factors such as airlines, airports, or passengers combine to determine which strategy under an individual policy, it could be the most efficient for the organization. This essay will critically discuss and analyze and how it…
Moving to Brazil Brazil is found in South America. The total area is 8,514,215 km2. The area is made up of land 99%. Brazil’s climatic characteristic is tropical, but the southern part is relatively temperate. The country also has the world’s second-largest river, the Amazon River. The terrain of Brazil is made up of coastal mountain ranges, the vast central plateau and the other area is primarily made of sedimentary basins. Brazil is the country with the most extensive arable land in the world that produces vast amounts of grains each year. Organic and inorganic, traditional and mechanized agriculture is employed in the production of agricultural products. For instance, the burning of land is used to remove tall, dry, and nutrient-poor pastures at the end of the seasons. The existence of such a vast fertile land makes the main economic activity of Brazil to be agriculture. Apart from the agricultural land, Brazil is also commonly known for the existence of the extensive Rainforest in the Amazon basin, the Amazon forest. The forest forms the habitat to many species of both…
Analytical Essay of Lead Female Character of The Movie Hyenas. The film hyena shows a woman who is an adaptation of the movie the visit where a woman buys a whole village to revenge on a lover who betrayed her decades ago. The film hyenas is set in Africa, and it is a representation of the new political dimensions observed in the continent. It depicts the richest woman in the world, bringing western stuff to the African village where she was born as a way of bringing to an end tribal culture. The character LinguereRamatou is the woman in the movie who comes back to her village of birth 30 years after she disgracefully left(Lindo, 2010). At the time before she left, she was Dramaan’s lover. She emerges 30 years later, being the richest woman in the world. The town people welcome her happily, hoping she will end the poverty they experience. In the movie, Ramatou announces that she will donate one hundred thousand million to the village if witnesses came forward to testify that 30 years ago, Dramaan paid…
Discussion Forum Replies Response to Terrance Ward Hello Ward, your post is increasingly insightful and demonstrates your grasp of the importance of social media. I agree with you that individuals encounter immense marketing advertisements when they use social media applications. This observation shows that social networking avenues have the potential to reach a large audience. Moreover, Hisrich, Peters, and Shepherd (2017) opine that large markets can be reached through the internet. However, while you say that social media marketing campaigns can receive negative comments, what ways can be used to address the challenges of social media marketing? Reference Hisrich, R., Peters, M., & Shepherd, D. (2017). Entrepreneurship (10th ed.). New York, NY: McGraw-Hill Education. Response to Amilta Hechavarria Hi Hechavarria, I am impressed by your post and find it intriguing. I support your point that social networking platforms provide an opportunity for organizations to involve consumers in marketing campaigns, thus giving feedback. Hoechlin (2018) contends that the use of social media offers information on which segment engages best and the avenues that have the highest sales conversion rates. While your…
The impact of weather on economic growth and its production factors https://link.springer.com/article/10.1007/s10584-019-02441-6 Summary Weather conditions negatively or positively affect the economic activities and factors of production. The rise in the frequency of weather triggers concerns in many nations, particularly developing countries about economic growth as well as elements of production. Thus it is essential to manage extreme weather conditions such as tornadoes, ice storms as well as tropical cyclones because they have an impact on the economic growth and factors of production. The weather influences a nation’s GDP as well as factors of production. The main effect of weather on economic growth and factors of production, such as capital, land, labor, and entrepreneurship, arises through temperature. High temperatures impact developing countries through adverse health effects, decreased agricultural output, and decreased workers’ productivity. Thus, weather affects per capita GDP development through factors of production, and the most significant impact is on the factors productivity. Temperatures have negative implications for economic growth and factors of production. Additionally, significant hurricanes preclude from accessing their jobs. Primarily this creates a decline in the revenue…
The Federal Constitutional Laws Introduction Federalist NO. 10 is the tenth essay of the federalist papers written by James Madison. He was trying to argue out why ratification in the united states constitution. He advocated more on the reconciliation of citizens using their interests rather than those of others or that of a community at large. Federalist is all about the high need for power, whether at the national level or at a state or representative level that tends to cover for the direct governing of the people. In his essay, Maddison describes the role that factions play when it comes to democracy and how they negatively impact consent. A single faction would not be able to influence the large government the way Madison did. James used all means he could to display supremacy of the federal law to the people and advocated for an even stronger government. Madison explains faction to be the opposing ideologies that lead to the formation of different political parties. For example, today, there are a lot of various political parties that have risen with…