Direct price discrimination Hello Direct price discrimination refers to a process where an organization tries to set different prices on their goods/services for two groups (Rowe, 2019). An organization usually does this practice to increase its profits since when different prices are charged on the same goods, then the organization maximizes its sales and margin. To do this effectively, the organization needs to identify the two groups and know about their buying power. The elasticity between the two groups increases, the higher the chances the organization has to design a more profitable price discrimination model. Secondly is that indirect price discrimination involves the use of different strategies to identify the two groups before going ahead to do price discrimination. Additionally, the organization needs to ensure that they have reliable methods of preventing arbitrage or resale of products sold at lower prices while doing price discrimination since this can negatively affect their profitability. Strategic games involve an organization using different strategies to beat the competition and become successful. Through these games, the organizations in the industry know how to respond to…
Rocket Scientists’ Guide to Money and the Economy Rocket Scientists’ Guide to Money and the Economy is considered an influential book written by Mike Soteric. Understanding the context of the book makes one to understand why rich people continue to be rich, and the poor to be poorer. According to Mike, higher proportion of the global wealth is held by a small percentage, increasing the gap between the poor and the rich. He focuses on multiple issues including economy, debt, family issues, politics, food banks, debt jubilee, poverty and nutrition, among others. In his book on money and economy, he considers debt as significant element that subject humans to poverty and poor standard of living. Most families use borrowed money which is attributed to high interest changes, and upon paying, they are left with nothing but more debt. Mike suggests that the best approach to eliminate the existing debt crisis around the globe is establishing a debt jubilee whereby all debts will be repudiated and dismissed. This research will focus on the Canadian debt crisis, highlighting its nature, current trends…
How do I make money with WordPress? If you’re new to online marketing, you may be asking yourself, “How do I make money with WordPress?” Don’t worry; I’ve got the answer for you! I’m going to show you how to make money with WordPress in just 48 hours! One of the reasons that I love WordPress is because it allows me to customize every aspect of my blog and what I sell on my website. It’s not hard to add a photo gallery, blog articles, videos, and affiliate links to my site if I know where to look. Before you even think about starting to make money with WordPress, let me say that this is the best decision that you can make. I would recommend that you have at least a basic understanding of HTML to get started with your marketing plan. After you find a niche market that you want to start with, then begin to research ways to make money from your website. You can either use any one of the free services offered by Google, or you…
India Infoline Finance Limited (IIFL) REVIEW IIFL or India Infoline Finance Limited is a full-service stockbroker formerly known as IIFL Holdings Limited and the headquarters located in the city Mumbai, India. India Infoline Limited is one of the premier financial providers of India. India Infoline has started its services in the year 1995, and Mr Nirmal Jain and Mr R. Venkatraman are the founders of IIFL. Moreover, it is one of the largest and oldest financial firms with multiple verticals, and the stock broker is one of its financial services. IIFL managed to spread its trading network in more than 4000+ locations if more than 900+ cities in India. Also, the full-service broker holds its services in multiple foreign towns like Hong Kong, Dubai, New York, Singapore, Geneva, Mauritius and London. The key offering of the broker is the research services, Equity and commodity trading. IIFL is a listed broker on BSE (532636) and NSE (INDIA-INFO) for Security Trading. From recent reports it was found that the average daily turnover of the broker is around Rs. 4355 Crores in Equity…
About Making of the 21st Century This paper involves two parts. The first part examines which of the two, neoliberalism and cold war had a greater impact on making the 21st century. The second part entails the most problematic elements in 1945, 1991, and today between predictability, stability, legitimacy, and enforcement. Part A: Question A Neoliberalism had a more significant impact on the making of the 21st century compared to the Cold War. The 21st century is characterized by several factors, including trade relations, economic growth, established relationships between states, and quality leadership. According to the National Intelligence Council (NIC), global trends in 2020 can be categorized into three dimensions of megatrends, game changes, and possible worlds (National Intelligence Council, 2020). Presently, the world is concerned with individual empowerment, which is aimed at addressing the rising cases of poverty and the middle class. Also, educational attainment and new communication technologies are among the key trends in the 21st century. Further, the world is concerned with the diffusion of power, demographic patterns, and water, energy, and food nexus. The global population…
Slave trade was abolished in 1808 Slave trade was abolished in 1808 with the major source of the slavery expansion activities being in the Southern states of the U.S. The northern states had little farming economic activities, as they complied with the law. It was because they saw no need for continuing with the trade as they were less reliant agriculture. Most of the Caribbean nations still under Spanish control also continued practicing the trade, as they also lacked the required labor to support their industries (Eagle 139). The southern American states, Caribbean nations, and the South American nations still supporting the illegal trade did so out of economic survival. Agriculture was the main economic stay of these nations as they exported most of their raw materials to Western Europe that was experiencing industrialization processes. The western European nations needed raw materials for their industries while the countries in the western hemisphere and the southern U.S relied on the export of raw materials to sustain their economies. In the southern American states, over two million Africans were working in the…
HIST 103: Global History in the Modern Era Scarboro (Spring 2020) Section I: Lecture Questions The cold war was a period between the 1947 Truman doctrine up to 1991, where there were tensions between the United States and the Soviet Union and their respective allies, which were the eastern and western blocs after World War II. The US and the Soviet Union were initially allies. They fought together during WWII up until the end of the war when disputes began, particularly over the soviets takeover of the East European states. The Soviet Union and the United States sought to transform Europe into their image by taking over control of Europe after the defeat of Germany. The Soviet Union and the United States fought the cold war in Europe through mutual perception ms of hostility between the military blocs and alliances, and sometimes proxy wars emanated between the allies of the two nations. The front-liners in the cold war were the allies of the USSR and the US, as the two protagonists never fought each other directly. The results were…
legalization of Marijuana and its benefits Introduction Marijuana is a psychotropic substance derived from the Cannabis plant. The active ingredient tetrahydrocannabinol (THC), binds to specific receptors in the brain to produce several results, including a mild sedative effect, lowered inhibition, decreased blood pressure, and increased appetite. The legalization of marijuana has been a controversial issue for state policy change in the past decades. The Federal government classifies marijuana as a Schedule 1 drug, meaning it has no medical value. The use, sale, and possession of marijuana is, therefore, illegal under federal law. Despite this, policies advocating for the legalization of marijuana for both recreational and medicinal purposes continue to be implemented at the state level. Over thirty states have legalized the use of medical marijuana. In legal limits, the substance is used to treat a number of different conditions, including cancer, HIV/AIDS, arthritis, glaucoma, and severe pain (Hill, 2015). Eleven states have legalized its recreational use, allowing residents to purchase the substance from licensed cannabis dispensaries. Oregon was the first state to decriminalize marijuana in 1973, while Washington and Colorado…
Beliefs are practical Beliefs The notion of belief is expressed throughout the films as they address the various species tha tare being poached globally. The idea is depicted in the multiple activities they undertake to directly as well as indirectly protect species of animals. Among those identified include the snow leopards that were determined only to have a population of thirty members globally. Causality, All Matters of Fact-Based on Cause and Effect The notion of causality is also depicted when films address human activities. Most animals becoming endangered or extinct can all source the causality to human activity. For example, the fungal crisis affecting amphibians in South America is due to toads imported into America from South Africa. It is speculated the test subjects escaped and contaminated the environment. Not by reason, but by custom and habit Custom and habit are identified as practices that are responsible for the endangerment or extinction of species. It is factual that there are indigenous communities that have lived together with wildlife. However, the structure of conservationism as developed in the past half-century has…
the statement of financial position A balance sheet, also known as the statement of financial position, shows the financial situation of a business at a particular time. It does this by listing the company’s liabilities, assets, and equity as of a specific moment in time. When the economy is stable, investors are more concerned about companies’ growth in cash flow, earnings, and cash flow. However, in times of crisis, they pay attention to the statement of financial position, and this is because, on normal days, companies are not rewarded by the stock market for keeping in check their debt, pulling up cash for unforeseen calamities, and being overall conservative in their spending. Consequently, during a crisis, as they have now with the coronavirus pandemic, the balance sheet is and will be of importance (Francis & Gryta). Question 2 Companies are now paying attention to the balance sheet during this crisis to track their financial position. Many companies are likely to go bankrupt during or after the pandemic since most of them have spent the last few years using debt to…