Market Failure Essays (Examples)

Asymmetric Information and Market Outcomes

In the contemporary business environment, the insurance market has faced challenges in dealing with the problems of asymmetric information, adverse selection, and moral hazard. The objective of this study is to discuss the concept the asymmetric information, adverse selection, and moral hazard in the insurance market. The paper also discusses the market responses to asymmetric information, moral hazard, and adverse selection.

Market esponse to Asymmetric information

Asymmetric information is a type of situation where one party in a business transaction has superior or more information than other parties. In other words, asymmetric information occurs where sellers have superior or more information than buyers. Although, the reverse may happen in some situations. (Lillo, 2013). Potentially, this type of transaction can be harmful because a party in the transaction can take the advantage of the lack of knowledge of another party. The asymmetric information is problematic in…

Reference

Illinois Public Health (2014). Sugar-Sweetened Beverage (SSB) Taxes Facts and Responses to Myths and Industry Arguments. Illinois Public Health Institute.

Lillo, F. (2013). Tutorial An introduction to asymmetric information [Video file]. Accessed April 27, 2016, Retrieved from  https://www.youtube.com/watch?v=jtQCRPJ4K9o 

Smith, P. (2013). Econ in HD: Moral Hazard and Adverse Selection [Video file]. April 27, 2016, Retrieved from  https://www.youtube.com/watch?v=XH70zIJP5cM 

Tomlinson, S.(n.d). Market Failures Uncertainty Understanding Moral Hazards in Markets. Cengage.

Japan was once on a stellar track to economic prosperity. The end of the twentieth century saw promising chances for the island nation's economy. In 1991, the government spending was one of the lowest the Organization for Economic Co-operation and Development (OCED) and 31.6% of the nation's GDP (Utt 2008). That same year, Japan's national income was at 86% of the U.S. gross national per capita income, a big improvement from just 20 years ago when the nation was only making 66% of the U.S. per capita income. This was an impressive feat for the nation to embark on. Yet, this was to change in the following years dramatically. During the later decade of the 1990s, the Japanese government took on the practice of vastly increasing government spending as a way to stimulate an economy that was beginning to lag. As the growth of the economy began to go stale,…

References

Associated Press. 2009, 'North Korea 'Panic' After Surprise Currency Revaluation,' Guardian [Online] Available at  http://www.guardian.co.uk/world/2009/dec/03/north-korea-won-currency-revaluation 

Bozyk, Pawel. 2006. Globalization and the Transformation of Foreign Economic Policy, Ashgate Publishing Ltd.

Chait, Jonathon. 2010, 'The Budget-Cutting Cycle: Delusion, Failure, Recimination,' the New Republic, [Online] Available at  http://www.tnr.com/blog/jonathan-chait/78735/the-budget-cutting-cycle-delusion-failure-recrimination 

Eberstadt, Nick. 2007, the North Korean Economy: Between Crisis and Catastrophe, Transaction Publishers.

com. In case of several companies, enhancing customer relationships is among the most capable features of e-commerce. However, whereas the Internet has presented the consent of a novel method to draw and communicate with the customer, hardly few enterprises have discovered a method to efficiently manage interactions with their customers on the Internet. (David, 2000)

The real skill is involved in making the device suitable to accomplishment of the business strategy and also makes profit persistently. (Howard, 1999) This makes McGrath and Heiens to describe the failures of Internet startups as a moot testimony that "the Internet is a tool, not a panacea" and that a "sound business strategy is always a prerequisite for success" Therefore, even though many successes have appeared to day on the Web in the online industry and in the digital forms in general still more are to be explored for accomplishing long-term goals of the…

References

Allbritton, Marcel M; Rogers, Everett M. (1995) "Interactive Communication Technologies in Business Organizations" the Journal of Business Communication. Volume: 32; No: 1; pp: 36-43

Archer, Norm; Head, Milena; Wang, Fang. (2002) "E-Tailing: An Analysis of Web Impacts on the Retail Market" Journal of Business Strategies. Volume: 19. No: 1; pp: 114-120

Baker, John. F. (December, 1998) "Hyper Wars: Eleven Strategies for Survival and Profit in the Era of Online Business-review." Publishers Weekly. Volume: 12. No: 1; pp: 27-33

Beck, John C; Lynch, Patrick D. (2001) Profiles of Internet Buyers in 20 Countries: Evidence for Region-Specific Strategies. Journal of International Business Studies. Volume: 32; No: 1; pp: 57-63

It revealed the fact that customers were willing to buy chocolate in order to be in fashion.

The government, which is a communist one, has imposed chocolate importers to mark the country of origin in order to provide the customers with the accurate information about the products they offer.

Size, number, and financial strength of competitors. If we take into consideration the report mentioned above, the main competitors are: Dove (38.61%), Cadbury, Le Conte, Nestle, Hershey's, Golden Monkey, Ferrero Rocher, M&M's, Tresor Dore and Shenfeng. These ten producers account for 90% of the chocolate market, while the first three cover about two thirds of the market share. However, among these ten best companies we can only depict two internal brands. These are Golden Monkey (2.94%) and Shenfeng (1.58%). Due to the new regulations regarding the percentages and quality of the ingredients used, many national producers may not be able to…

Bibliography

Chocolate Strives for Standard.,(2004) Retrieved on Nov 28th, 2006 from China Daily, web site:  http://www.chinadaily.com.cn/english/doc/2004-12/24/content_402994.htm 

Parry, Richard Lloyd, (2006), For Lovers of Chocolate, future could be very dark., Retrieved on Nov 28th, 2006, from The Times, web site:  http://www.timesonline.co.uk/article/0,25689-2079799,00.html 

Sachs, Jeffrey D. (2004), Welcome To The Asian Century. By 2050, China and maybe India will overtake the U.S. economy in size. Retrieved Nov 28th, 2006, from Fortune, web site:  http://money.cnn.com/magazines/fortune/fortune_archive/2004/01/12/357912/index.htm

Failures of Merger

Failure of Mergers

The objective of this study is to examine why it is that most mergers fail and will provide real-life examples of the failure of mergers. Toward this end, this work will examine relevant literature in this area of study and specifically academic and professional literature and publications that are peer-reviewed in nature. The work of Weber and Camerer (2003 ) entitled "Cultural Conflict and Merger Failure: An Experimental Approach" reports that most mergers fail and that failure occur "on average in every sense: acquiring firm stock prices tend to slightly fail when mergers are announced; many acquired companies are later sold off; and profitability of the acquired firm is lower after the merger." (Weber and Camerer, 2003) There is a great deal of conflict reported during the process of a merger that results in a high rate of turnover." Disappointment was expressed by participants…

References

Chiriac, Irina Sandu case (2011) Mergers -- Success or Failure? CES Working Papers, III [1] 2001. Retrieved from:  http://www.cse.uaic.ro/WorkingPapers/articles/CESWP2011_III1_SAN.pdf 

Cross-Border Mergers & Acquisitions: Reducing the Risk of Failure (nd) Communicaid,. Retrieved from: http://www.communicaid.com/access/pdf/library/culture/Cross-Border%20Mergers%20&%20Acquisitions_Reducing%20the%20Risk%20of%20Failure.pdf

Dumon, Marv (2008) Biggest Merger and Acquisition Disasters. Investopedia. Retrieved from:  http://www.investopedia.com/articles/financial-theory/08/merger-acquisition-disasters.asp 

Elwin, Toby (2010) Mergers and Acquisitions Failures are Project Management Failures. 30 November, 2010. Retrieved from:  http://www.amajorc.com/blog/mergers-and-acquisitions-failures-are-project-management-failures

Health Care Economics

Monopsony power is defined as a situation where there is only a single buyer in the market (Investopedia, 2014). In a monopsony situation, all of the bargaining power rests with the buyer, such that the seller is a price taker, and also a taker on term as well. The buyer therefore pays what it wants, and on whatever terms. A monopsony is an unusual natural market condition. In some situations, monopsony is related to monopoly, a good example being health care in Canada, where the government is the employer. With a government monopoly, there is also only one buyer for health care supplies, and health care labor. Unions can also constitute a monopsony in labor, in situations where non-union workers are prohibited. One must work to the terms that the union has negotiated, or not at all. This paper will look at the nursing shortage in the…

References

Buchan, J., Parkin, T., & Sochalski, J. (2003). International nurse mobility. World Health Organization. Retrieved December 1, 2014 from  http://apps.who.int/iris/bitstream/10665/68061/1/WHO_EIP_OSD_2003.3.pdf 

Goodin, H. (2003). The nursing shortage in the United States of America: An integrative review of the literature. Journal of Advanced Nursing. Vol. 43 (4) 335-350.

Investopedia. (2014). Monopsony . Investopedia. Retrieved December 1, 2014 from  http://www.investopedia.com/terms/m/monopsony.asp 

Link, C. & Landon, J. (1975). Monopsony and union power in the market for nurses. Southern Economic Journal. Vol. 41 (4) 649-659.

" During the third and final stage, the European Central bank would be in operation. According to the agreement, this was to occur no later than 1999 and for three years thereafter Euro coins and banknotes would be issued (Eichengreen and Frieden).

By 2002, the Euro had been implemented as the single currency for member states. However, the implementation and consequent use of the Euro appeared to be a bit rocky. According to an article found in the journal Challenge, the value of the Euro had fallen slightly. The author blamed this fall on the central bank and its efforts to shore up the Euro (Bibow). The author contends that this unrelenting support stifled economic growth. According to the article

Between the start of 1999 and October 2000 the euro lost some 20% of its initial external value (even 30% vis-a-vis the U.S. dollar). After a brief rebound toward the…

Works Cited

 http://www.questia.com/ PM.qst?a=o&d=5000762932' target='_blank' REL='NOFOLLOW'>

Housing Market

Externalities in the Housing Industry (Additional Pages Request)

The housing industry is quite profitable a venture, though it is one that has caused many problems in today's economy, for two main reasons. First, the housing market has been quite volatile, simply because it has been under-regulated in certain areas and has therefore been the subject of a game of chess led by big corporations. Second, the housing industry is often a local matter, and is thus something that cannot be easily moved, transported, or transplanted, and for this reason it is in many ways unique. In order to better understand the way in which this industry works, this paper will discuss externalities, goods and services within this arena, as well as the many other concepts that relate to these terms.

Just as many other sectors of an economy, the housing industry is subject to positive and negative externalities.…

Works Cited:

N.A. (2012). Market Failures and Externalities. Basic Economics. Retrieved January 22, from .

N.A. (2012). Private Goods and Public Goods. San Jose State University. Retrieved January 22, from .

Once this data is captured, the third objective of building an equilibrium-based model that conceptually defines the relationship of companies who chose to invest from a strategy standpoint over those that were functionally-driven and the differences in profitability as a result. This model will also be used as the basis of creating a four-step maturity model that will attempt to show how over time strategy-based implementations are more effective at creating collaboration within and between firms choosing this approach.

Benefits

The most significant benefit of this study is determining what factors contribute to the success or failure of CM systems, taking into account implementation planning and strategies to mitigate resistance to change. The success or failure of CM system implementations is often with the area of change management and alignment of these systems to business strategies (Foss, Stone, Ekinci, 2008). The proposed research will show through an equilibrium model and…

References

Band, W.. 2009. Risk-Proofing Your CRM Initiative. Customer Relationship Management, March 1, 12.

Foss, B., M. Stone, and Y. Ekinci. 2008. What makes for CRM system success -- or failure? Journal of Database Marketing & Customer Strategy Management 15, no. 2, (March 1): 68-78.

Sudhir H. Kale. 2004. CRM Failure and the Seven Deadly Sins. Marketing Management 13, no. 5, (September 1): 42-46.

Natalie Petouhoff. 2006. The Scientific Reason for CRM Failure. Customer Relationship Management, April 1, 48.

market mix as it apply to the product and discuss why each of the 4-P decisions would be important when marketing my product

Over the past year, the I Pad has become one of the most sought after products on the market. Part of the reason for this is because, it has features and applications that are changing the way many people receive their personal information. As they are demanding smaller and more portable devices that are offering many state of the art features. (Ross, 2010)

When you apply this to the four P's of marketing mix, it is clear that this device has a number of distinct advantages over competitors. Evidence of this can be seen by looking at how it compares to the different elements of this strategy (i.e. The product, promotion, price and placement). As far as product is concerned, what makes the I Pad so unique…

Bibliography

The Marketing Mix. (2010). Net MBA. Retrieved from:  http://www.netmba.com/marketing/mix/ 

Kneen, N. (2010). The I Pad and Social Media. 4 Ps of Marketing. Retrieved from:  http://www.4psmarketing.com/blog/apple-iPad-social-media/ 

Kneen, N. (2011). I Pad Exceeds Expectations. 4 Ps of Marketing. Retrieved from:  http://www.4psmarketing.com/blog/iPad-release-exceeds-expectations/ 

Lake, L. (2010). Developing Your Marketing Mix. About. Retrieved from:  http://marketing.about.com/od/marketingplanandstrategy/a/marketingmix.htm

Antitrust Practices and Market Power

The modern business environment is increasingly characterized by the proliferation of emerging monopolies in various industries. One of the industries that have experienced an increase in budding monopolies is Information Technology, particularly with the growth and development of social media and networks. Technology companies have rapidly developed into monopolies because of the connection between attractive business opportunities. The growth of leading technology companies into monopolies has also been fueled by their efforts to gain and maintain market power. However, some of these companies such as Google, AT&T, Standard Oil, Microsoft, and Facebook have been investigated for antitrust behavior.

Similar to Google, Facebook is company whose growth and development is partly attributed to the failure by Microsoft to strangle it like it did to Netscape a decade before. Facebook's business and operations are entirely built on focusing on developing network effects since the firm's value for…

References

European Commission (2014, October 24). Antitrust: Commission Probes Allegations of Antitrust Violations by Google. Retrieved November 13, 2014, from  http://europa.eu/rapid/press-release_IP-10-1624_en.htm 

Fox, J. (2013, January). The Web's New Monopolies. Atlantic Monthly, 30-34.

Windrum, P. (n.d.). Back from the Brink: Microsoft and the Strategic Use of Standards in the Browser Wars. Retrieved November 13, 2014, from http://arno.unimaas.nl/show.cgi?fid=292

6. Success throughout Latin America was driven by the build-out of banks and financial institutions in Brazil and other nations, combined with mergers and acquisitions to strengthen their overall market position.

7. Walmart learned valuable lessons globally and decided to revamp stores and remodel the oldest ones to further increase the quality of the shopping experience in the U.S.

8. Walmart learned how powerful having good relationships with foreign governments can be when the Chinese communist party allowed them to open 10 wholly owned subsidiaries and also pursue joint ventures throughout the nation. The key lesson: wining the trust of a foreign government is key to global growth.

9. Brazilian market expanding as Walmart finds new approaches to selling the idea of mass merchandising to this nations' citizens. Growth in India, Russia and South Africa all driven by Walmart's ability to better understand variations in cultural requirements and needs.

10.…

Pharmaceutical industries have to operate in an environment that is highly competitive and subject to a wide variety of internal and external constraints. In recent times, there has been an increasing trend to reduce the cost of operation while competing with other companies that manufacture products that treat similar afflictions and ailments. The complexities in drug research and development and regulations have created an industry that is subject to intense pressure to perform. The amount of capital investment investments required to get a drug from conception, through clinical trials and into the market is enormous. The already high-strung pharmaceutical industry is increasingly investing greater amounts of resources in search of the next "blockbuster" drug that can help them gain market position and profits. Laws, regulations and patents are important to the industry while spending billions of dollars in ensuring the copyright of their products.

It is the intention of this…

Bibliography

Ansoff, H.I. (1957). Strategies for diversification. Harvard Business Review, 35(5), 113-124.

Ansoff, H.I. (1965). Corporate Strategy. New York, NY: McGraw-Hill.

Ashour, M.F., Obeidat, O., Barakat, H., & Tamimi, A. (2004). UAE Begins Examination of Patent Applications. Tamino.com. Retrieved January 18, 2004, from the World Wide Web:  http://www.tamimi.com/lawupdate/2001-01/intprop.htm 

Bain, J.S. (1954). Economies of scale, concentration, and the condition of entry in twenty manufacturing industries. American Economic Review, 44, 15-36.

VON Calls on Foreign Markets

von believed that having regionalized new product development centers, supply chain operations, marketing and sales divisions would make them more competitive in foreign markets. Ironically the exact opposite happened, as the case illustrates. von's performance was drastically reduced and the duplication of effort crippled the organization. Unfortunately the highly decentralized, market-driven organizational structure that von had such high expectations for failure to deliver the results needed to keep the company growing. The net outcome of the highly decentralized organizational structure was a massive duplication of effort and cost overruns; the organizational structure turned into more of a liability than strategic asset. The goal of this case analysis is to explain and recommend how von can regain profitability while also attaining a higher level of internal new product development, production and selling efficiency. nother objective of this analysis is to evaluate how von can attain a…

As is the case with MNCs that have a global brand yet lack governance frameworks, the brand began to atrophy and lose relevance in core markets. When highly decentralized operations that include region-specific product development, supply chain and marketing strategies begin showing a negative Return on Investment (ROI) it is time to re-evaluate the strategy and seek to create a more unified strategic framework (Cohen, Roussel, 2004). Despite all of these regional variations in the core aspects of their value chain, the sales organization continued to attain sales levels necessary for the company to at least stay in business (Hill, Still, 1990). The lack of governance framework coupled with insights into the regional requirements of customers from a cultural, religious and ethnocentric level however stopped sales from being as potentially profitable as they could have been however.

Case Analysis

The decision to initially decentralize new product development, supply chain management and marketing initially appear to be an insightful one based on the broad differences between market segments Avon serves (Grammenou, 2009). There are significant differences between each of the markets

Dispersed Knowledge Within Markets and Companies

As the world has penetrated into the age of advancements and innovations, it has given rise to increased globalization, which has resulted in intense and fierce competition in the marketplace on a universal platform. Companies and firms on a broad spectrum are now confronting numerous new challenges because of the competition that has rapidly grown within the marketplace. Therefore, it has become significant for the companies to be vigilant so that they can develop and implement the systems that meet the requirement of innovation of the current market and have the potential to act promptly in response to the new changes (itzer 2011).

A general perception has been developed that multinational corporations were the widespread firms that extensively practiced the dispersed knowledge. The globally dispersed locations of the firms confronted a need to assimilate geographically dispersed knowledge in order to create value to the…

References

Birner, J. & Hayek. (1994). Coordination and Evolution: His Legacy in Philosophy, Politics, Economics and the History of Ideas, First Edition, Routledge, London, USA and Canada.

Doz, YL, Santos, J. & Williamson, P. (2001). From Global to Metanational: How Companies Win in the Knowledge Economy, Harvard Business Press, USA.

Foss, N.J. & Klein, P.G. (2012). Organizing Entrepreneurial Judgment: A New Approach to the Firm, First Edition, Cambridge University Press, New York.

Gilpin, D.R. & Murphy, P.J. (2008). Crisis Management in a Complex World, First Edition, Oxford University Press, New York.

Failure?

At one point or another in everyone's lives, they have probably felt like a failure. However, not everyone deals with failure in the same way. Some people take failure so harshly that they become suicidal. Others become isolated or depressed. Many realize that failure is a fact of life and bounce back relatively quickly, making the choice to use failure to create something good.

When Sergio Zyman, an executive with Coca-Cola, made the mistake of taking Coke off the market and replacing it with New Coke, it was a total failure and an extremely public one at that (The Recovery Times, 1995). Zyman was basically driven out of the company because of his failure.

However, while many people would have felt like crawling under a rock, Zyman refused to let failure get the better of him. He created his own consulting firm and was soon hired back by Coca-Cola.…

Bibliography

Coping with failures (1995, November). The Recovery Times: The Living Stones Newsletter.

Dziuk, Philip. (2002). Have You Had a Really Good Failure Recently? Phree Philosophy. Retrieved from the Internet on 2/26/03 at  http://www.life.uiuc.edu/repro/news/PhreePhil/good_failure.html .

Navarro, Anna. (2002, August 26). Good Failure/Bad Failure. KWMU, University of Missouri, St. Louis.

Business Failure

All businesses are started with the intention of success, although this intention alone cannot guarantee immunity from failure. Whether or not businesses experience success or failure depends on several factors. Some of these factors are in the control of the business owners themselves, such as quality of management, while some factors are out of the control of the business owners, such as current economic climate. The following discussion highlights factors involved in why businesses succeed or fail, and how certain factors such as sex of the business owner or location of the business play into the equation.

avindran (2008) described how studies have demonstrated that approximately 50% of small businesses experience failure within their first four years of existence. This failure is most often a result of lack of knowledge regarding proper workings of businesses and poor management (avindran, 2008). Another crucial factor involved in the failure of…

References

Ravindran, N.. "Why businesses may fail: why some businesses fail and why some succeed is debatable. There are various factors behind business failures. We look at some common mistakes that can sink a business in no time." Today's Manager. Singapore Institute of Management. 2008. Retrieved March 12, 2011 from HighBeam Research:  http://www.highbeam.com/doc/1G1-187622241.html 

Robinson, Sherry. "Business failure rates: a look at sex and location.(Statistical table)(Survey)." Academy of Entrepreneurship Journal. The DreamCatchers Group, LLC. 2007. Retrieved March 12, 2011 from HighBeam Research:  http://www.highbeam.com/doc/1G1-175065812.html

The largest majority of subprime housing property has been noted in this study to be located in minority and low-income neighborhoods and therefore the subprime lenders are flooding the housing markets and specifically the low-income housing market with housing in neighborhoods that generally do no bring healthy prices on the housing market. With the housing market flooded with this class of housing the properties values of these homes will be pushed even lower and this with interest rates simultaneously at their lowest possible rate. In fact, what has resulted from subprime lending practices is the lenders worst nightmare in that prices are very low, interest rates are very low, and prospective buyers are very low as well.

ibliography

Isidore, Chris (2008) New Recession Worry: ank Failures - Recession Watch 2008. 3 March 2008. Online available at http://money.cnn.com/2008/03/03/news/economy/bank_failures/index.htm?ref=patrick.net

Goldman, David (2008) Fed Officials: Housing Crisis Critical. Eyes on the Fed -CNN…

Bibliography

Isidore, Chris (2008) New Recession Worry: Bank Failures - Recession Watch 2008. 3 March 2008. Online available at  http://money.cnn.com/2008/03/03/news/economy/bank_failures/index.htm?ref=patrick.net 

Goldman, David (2008) Fed Officials: Housing Crisis Critical. Eyes on the Fed -CNN News 29 Feb 2008. Online available at  http://money.cnn.com/2008/02/29/news/economy/fed_speeches/index.htm?postversion=2008022912 

U.S. files New Lawsuit Against Countrywide (2008) Reuters News Service 4 Mar 2008. Online available at  http://www.reuters.com/article/bondsNews/idUSN0452271620080304 

Weil, Judy (2008) Housing Market Tracker - What will Replace Subprime Lenders. 28 Feb 2008. Seeking Alpha. Online available at  http://seekingalpha.com/article/66562-housing-market-tracker-what-will-replace-subprime-lenders

usiness Failures

Reasons for Failure

usiness failures have become a properly investigated field of study in the past few years as a struggling economy and an overall difficult business environment have combined to discourage potential entrepreneurs from entering the market place and to cause many existing business owners / entrepreneurs from continuing their endeavors. This interest in business failures is precipitated by the fact that the number and nature of business failures impacts negatively on the overall business climate and examining possible causes in an effort to forestall further such failures is vital to maintaining a healthy business environment. The emphasis in recent years has shifted from examining why and how businesses fail toward an analysis of how to avoid and prevent business failures.

The failed business that I chose to review was a small ice cream / restaurant in my neighborhood. The name of the business was Charlie's Ice…

Bibliography

Goltz, J. (2011, January 5). Top 10 Reasons Small Business Fail. New York Tmes .

U.S. Small Business Administration. (n.d.). Standard Operating Procedures. Retrieved May 25, 2011, from SBA:  http://www.sba.gov/about-sba-services/ 

Entrepreneur

Moral Criticisms of the Market

Moral Criticisms Market This assignment requires read article Ken S. Ewert (found eading & Study folder). Note article, Ewert defending free market "Christian Socialists." He states position a rebuttal

Moral criticisms of the market: A critique of Ewert's analysis

It is interesting to read Ken S. Ewert's 1989 criticisms of 'Christian socialists' in light of current debates on other types of economic policies today. Ewert portrays Christian, leftist defenders of socialism as impervious to logic, in contrast to other former critics of capitalism, who grew more acclimated to capitalist principles in light of the failure of the Soviet Union Similar criticisms are made of 21st century religious fundamentalists, who stress the need for private enterprise to address societal problems 'on principle,' even when public regulation might be helpful and who try to define science, including science education, in religious terms rather than in terms of…

Reference

Ewert, Kenneth. (1989). Moral criticisms of the market. FEE. Retrieved:

 http://www.fee.org/the_freeman/detail/moral-criticisms-of-the-market

The lack of cultural sensitivity and focus led to EuroDisney only attaining 5% of their anticipated volume on opening day. If all of these problems with the marketing of the concept to the government, selection of leaders, definition of concessions and rides weren't enough, the pricing was outside the range of what many French families could afford. In the first years of its existence, Disney partnered with high-end rail service Eurostar to get families from England, which had a strong conversion rate with the British Pound, to visit. This further angered the French, and also made Disney appear elitist, which is a big problem in France, which prizes its egalitarianism. It has since cost Disney well over $1B to manage their way out of this problem (Curwen, 1995).

Microsoft Windows Vista

Introduced in January, 2007, Windows Vista is easily the worst operating system produced in the last ten years. It…

References

Curwen, Peter. (1995). EuroDisney: The mouse that roared (not]). European Business Review, 95(5), 15.

Rosen, Deborah E., Jonathan E. Schroeder, Elizabeth F. Purinton. (1998). Marketing High Tech Products: Lessons in Customer Focus From the Marketplace. Academy of Marketing Science Review, 1998, 1.

Aaron Weiss. (2006). Who needs Windows Vista? NetWorker, 10(4), 18-26.

The level of the investment also isolated them more in the case of a failure. They paid attention to the wrong details. Disney acted on American views of Europe rather than on native views, which could identify the important cultural differences. It appeared that the managers were too confident in their success to research the small details about European cultures.

In planning Euro Disney there were not any contingency plans put into place. The attitude towards customer habits was very complacent. They assumed that there would be so many customers every day, each staying an average number of nights spending an average amount of money. In America this would have worked because there is already a well established theme park culture. The European market proved to be a lot more unpredictable.

Up until now, Disney's venture into China has been anything but magical. The Hong Kong theme park, which opened…

Works Cited

Balfour, Frederik. 2009. "Disney Shanghai: Good for China, Bad for Hong Kong." 28 June,

2010. Business Week. Web.

Liu, Ling Woo. 2009. "Disneyland in Shanghai: A Second Try in China." 28 June, 2010. Time.

Web.

Aside from the obvious impact upon the Ford employees who found themselves out of jobs, a general effect was the increased unemployment rate. And this was not only because of the positions lost within Ford, but also because of the jobs indirectly lost due to the crisis at the American manufacturer. In a more simplistic formulation, the automobile maker had ongoing contracts with various suppliers and other intermediaries, purchasing various technologies and vehicle components. Once the demand for Ford automobiles had decreased and their supremacy was lost to the Japanese producers, they no longer required the services of all of their purveyors. Then, as the demand and production became reduced, there was also limited need for dealers store to sell the cars. Ergo, additional jobs were lost and the lives of more and more individuals were impacted.

The negative outcome could have been avoided had the company been more receptive…

Works Cited

Burgos, a., July 12, 2005, Ford Layoffs Could Hit 30,000, Business News Bulletin

Burgos, a., September 15, 2006, New Layoffs at Ford, Business News Bulletin

Ramstack, T., May 23, 2001, Ford Plans Total Recall of Wilderness at Tires, the Washington Times

Randall, K., August 2001, Ford to Cut Up to 5,000 white-collar Jobs in North America, World Socialist Website,  http://www.wsws.org/articles/2001/aug2001/jobs-a18.shtmllast  accessed on June 23, 2008

Sunrise Medical

Market growth in wheelchairs is favorable for a few reasons. The growth in the industry is concentrated in higher-priced segments, with 12-15% each. This means that the relevance of the standard wheelchair is declining, despite that segment remaining the highest volume wheelchair at around 208,000 units or 61.3% by volume and 31.4% of dollar sales. Projecting current growth rates out five years, the industry will looks as follows:

1998 Wheelchair Market

1998 unit share

1998 $ share

Standard

Lightweight

Ultralight

Power

total

Standard wheelchairs are going to lose unit share and are going to decline significantly in dollar share as well. The other three categories are going to increase in importance, so it is important for firms to capture a share of these markets. ight now, the power market is not served by Sunrise, so the company is essentially competing for what will be 38-39% of the total…

References:

QuickMBA. (2010). Porter's five forces. QuickMBA. Retrieved February 22, 2012 from  http://www.quickmba.com/strategy/porter.shtml 

Blank, S. (2010). Here's why the first-mover advantage is extremely overrated. Business Insider. Retrieved February 22, 2012 from http://articles.businessinsider.com/2010-10-19/tech/30027432_1_market-bad-idea-failure-rate

McGahan, A. (1993). Sunrise Medical's wheelchair products. Harvard Business School 9-794-069

Nationmaster. (2012) Age distribution tables: United States. Retrieved February 22, 2012 from  http://www.nationmaster.com/country/us/Age_distribution

Market Entry and Exit Strategies and Decisions

Entering the market in a timely fashion is equally as important as exiting the market. Just as leaving the market, market entry can be planned. In any market, a business can make money by properly timing both the entry and exit. If one miscalculates any of these, then the business runs the risk of not getting the return on investment.

Entering a market sooner has the advantage of being a market pioneer (Bednarek, 2013). In contrast, late market entry can be advantageous since the products are cheap or improved unlike those already in the market. Already cluttered markets serve an opportunity for late arrival based on improved quality. For instance, a company may launch its product in German, Mexico, and Australia but at different times. The company may launch the product in one country at a time and will only enter the next…

Whole Foods Market

Which Organizational Diagnosis Model Is Best to Use at Whole Foods Market

Open Systems Theory

Weisbord's Six-Box Model

McKinsey 7S Framework

Likert System Analysis (1967)

High-Performance Programming

Nadler-Tushman Congruence Model

Methods to use this Tool

Analyze each key element separately

People

ecognize the people that can help to get the work done and help in accomplishing the goals of the organization

Organizational Structure

Culture

Analyze how these Elements Interrelate in the Organization

Plan to Create and Maintain Congruence

Issues of Whole Foods Market

Poor Working Conditions

Failure to Support Farmworkers

Best Model to esolve Issues of Whole Food Markets

eferences

Introduction

In this modern competitive era of rapid transformation and advancement, new organizations must be evolved and developed continuously. More effective learning processes need to be adopted and goal setting and planning processes must be learned and time should be spent to improve and advance the goal-setting…

References

Hedge, J.W. (2002). Implementing Organizational Interventions: Steps, Processes, and Best Practices. San Francisco: Jossey Bass.

Lusthaus, C. (2002). Organizational Assessment: A Framework for Improving Performance. Ottawa: International Development Research.

Miner, J.B. (2002). Organizational Behavior: Foundations, Theories, and Analyses. Oxford.

Pheysey, D.C. (1993). Organizational Cultures: Types and Transformations. New York: Routledge.

Failure Factors

Despite the diversification of its product and service offering, a source of failure has been constituted by the limited applicability of the Apple applications. In this order of ideas, the Apple software is only applicable on the Apple hardware, meaning as such that the freedom of the buyers is restricted. Another source of failure has been constituted by the low amounts of financial resources employed in marketing efforts. While number one competitor and industry leader Microsoft has placed promoted the organizational products and services on multiple media channels, Apple's approach has been limited. These disappointments are often attributed to the volatile and extremely challenging environment in which Apple operates, but its competitors also operate in this background, and their failures have been less obvious.

An important source of failure has been the departure of co-founder Steve Jobs for a ten-year period, during which the managerial style revealed numerous…

References:

Jackson, J., 2009, Apple Inches into the Workplace, Government Computer News,  http://www.gcn.com/Blogs/Tech-Blog/2009/01/Apple-in-Workplace.aspx  last accessed on July 13, 2009

Rosmarin, R., 2006, Apple's Biggest Duds, Forbes,  http://www.forbes.com/2006/03/30/newton-apple-lisa_cx_rr_0331APPLEDUDS.html  last accessed on July 13, 2009

1989, New Product Weds Video and Apple IIs, T.H.E. Journal (Technological Horizons in Education), Vol. 17

2009, Key Developments for Apple Inc., Reuters,  http://www.reuters.com/finance/stocks/keyDevelopments?symbol=AAPL.O  last accessed on July 13, 2009

" The code also states when communicating investment information care must be taken to ensure that it is fair, accurate and complete as well as make full and fair disclosure of all matters that could reasonably be expected to impair their independence and objectivity or interfere with respective duties to their clients, prospective clients, and employer.

Evidence indicates Lehman's senior financial executives knew of the Repo 105 transactions and certified the accuracy of Lehman's financial statements and disclosures despite having full knowledge that the company had engaged in the use of these transactions to hide their toxic assets and make their financial statements appear to be in good health when, in reality, they were not. These executives were fully aware that the financial statements were misleading and did not fairly present the true position of the company.

Hiding toxic assets and releasing favorable financial statements to investors each quarter clearly…

Works Cited

Ahrens, Frank. "Lehmann Brothers, the Evil Repo 105s and the Danger of Off-

Balance-Sheet Deals." Washingtonpost.com, 20 April 2010. Web. 18 March 2013.

"Code of Ethics and Professional Standards" CFA Institute, Vol. 2010, No. 14, June 2010. Web. 18 March 2013.

Jeffers, Agatha E. "Lehman Brother -- the Thin Line between Aggressive Accounting and Unethical Behavior." European Journal of Management, Vol. 11, Issue 4, Winter 2011. Web. 18 March 2013.

Strategy: VF

VF markets all of its diverse brands as eco-friendly, sporty, functional products that are useful for its outdoorsy customers. They are meant to leave a light carbon footprint yet also are helpful for consumers who wish to pursue more 'extreme' sports like hiking and trail running. Even its 'Lucy' brand of yoga sportswear is marketed in such a fashion. This fashion-friendly, yet functional marketing strategy seems ideally suited to the demographic likely to use VF clothing. VF consumers are young, but old enough to have established themselves enough financially to participate in pricey sports like skiing, snowboarding, and climbing. Because their sports are played outdoors and because of their age, relative affluence, and education, they are likely to care about the environment. VF fuses these two concerns. Its products are stylish, and suited to the needs of the sport because they are functional and durable. A good example…

References

VF Corporation. (2011). Official website. Retrieved November 15, 2011 at  http://www.vfc.com/ 

Yum! China. (2011). Official website. Retrieved November 15, 2011 at  http://www.yum.com/company/china.asp

U.S. Bond Market

I agree with Standard & Poor's (S&P) downgrade of the U.S.'s credit rating. It was motivated by the fact that Congress and the Obama Administration had been unable to come up with a budget or fiscal plan that would stabilize the nation's medium-term debt dynamics. Furthermore, they cited serious problems with U.S. monetary and fiscal policy, which they felt left the United States very vulnerable in a time of high-volatility in the global financial markets (Paletta & Phillips, 2011). In other words, S&P was looking at the federal government's failure to come together and address the serious financial problems facing the nation and anticipating that this failure would lead to some type of gridlock. In hindsight, the nation has experienced exactly that type of predicted financial gridlock. The country is in significant debt and one party is opposed to raising taxes on those who can most afford…

References

Dorning, M., Detrixhe, J., & Katz, I. (2012, July 16). Downgrade anniversary shows investors gained buying U.S. Retrieved September 20, 2013 from Bloomberg website:  http://www.bloomberg.com/news/2012-07-16/downgrade-anniversary-shows-investors-gained-buying-u-s-.html 

Paletta, D. & Phillips, M. (2011, August 6). S&P strips U.S. Of top credit rating. Retrieved September 20, 2013 from The Wall Street Journal website:  http://online.wsj.com/article/SB10001424053111903366504576490841235575386.html

" (ERisk.com Case Study Online) Many were affected by the collapse of HIH Insurance Company with stakeholders being the company employees, policyholders of the company, as well as the Australian taxpayer who will help shoulder this debt and finally those who are referred to as the "whistleblowers" or those that tipped off regulators that something was amiss.

There has been a strong campaign for protection for whistleblowers for both private and public sectors in Australia for the last ten years. Protection for whistleblowers serves public interest through exposure and elimination of waste, fraud and impropriety within a corporation or company. If those who would report such actions against a company were protected then collapses such as HIH's and other companies recently in the news might be altogether avoided or at the least minimized as to the impact, which they have.

Recommendations are for ethical and proper business dealings on the…

Bibliography

HIH Insurance Case Study (2001) Online at www.erisk.com/Learning/CaseStudies/ref_case_hih.asp

HIH ERisk Case Study (nd) Online at: www.erisk.com/Learning/CaseStudies/HIHCaseStudy.pdf

Boyle, Charles E. (2001) Australian Insurer HIH Seeks Bankruptcy Protection as Losses Mount, Insurance Journal Online at  http://www.insurancejournal.com/magazines/west/20  01/04/09/features/17957.htm

More Troubles in Australia Following HIH Collapse (2001) Insurance Journal 2001 May 24 Online at  http://www.insurancejournal.com/news/international/2001/05  / 24 / 12940.htm:

(Der Hovanesian, 2010)

Increased Promotion of Discounted mortgages.

The way that subprime lending practices, and some call predatory lending practices affect the housing market has yet to be realized on such a large scale, as these tactics have always been carefully controlled by lending institutions, due in large part to their historical long-range view. Subprime lending on the other hand is fundamentally not a long-term view practice; it is a short-term tactic that is now being dealt with on a massive scale as foreclosures mount and more and more families see foreclosure looming in their future and more and more banks take on this debt, with the added burden of holding on to mortgages that far exceed the new depleted value of homes as the market corrects naturally from the housing bubble. The marketing for such subprime lending was absolutely saturated as nearly every individual was admonished to buy a…

Resources

"Construction. Country Profile. United States," the Economist Intelligence Unit Limited (2007), p42-43, Retrieved from Database Business Search Premier December 4, 2010:  http://search.ebscohost.com/login.aspx?direct=true&db=buh&an=25830278&loginpage=Login.asp&site=ehost-live 

Der Hovanesian, M. (2006). Nightmare Mortgages. BusinessWeek, (4002), 79-80. Retrieved from Business Source Premier database December 10, 2010  http://0-search.ebscohost.com.library.pcc.edu/login.aspx?direct=true&db=buh&an=22374294&site=ehost-live 

Gopal, Prashant (November 29, 2007) Northeast Home Prices Remain Strong. Business Week Online, 11/29/2007, p1, Retrieved from Database Business Search Premier December 4, 2010:  http://search.ebscohost.com/login.aspx?direct=true&db=buh&an=27673398&loginpage=Login.asp&site=ehost-live 

Killelea, P. (Dec, 1, 2010) Housing crash continues -- it's a terrible time to buy an expensive house: Why? Retrieved December 10, 2010 from  http://patrick.net/housing/crash.html

The decision of investing or not here then depends on the personal adversity to risk of each individual investor. The general theory states that each investor should construct a diversified portfolio, which adequately balances high risk-high gain shares with medium or even low rates of risk and gains (Hagin, 2004). New Zealand could then be assimilated with a medium risk-medium gain share, and as such would be perceived as a valuable addition to one's portfolio. In this order of ideas then, the recommendation would be that of investing in the country.

eferences:

Amadeo, K., 2009, An Introduction to the Financial Markets, About, http://useconomy.about.com/od/themarkets/a/capital_markets.htm last accessed on December 17, 2009

Hagin, ., 2004, Investment Management: Portfolio Diversification, isk and Timing -- Fact and Fiction, John Wiley and Sons

Healy, J., 2001, New Zealand Capital Markets, Ministry of Economic Development, http://www.med.govt.nz/upload/18163/healy.pdf last accessed on December 17, 2009

Malkin, B., 2009, Financial Crisis:…

References:

Amadeo, K., 2009, An Introduction to the Financial Markets, About,  http://useconomy.about.com/od/themarkets/a/capital_markets.htm  last accessed on December 17, 2009

Hagin, R., 2004, Investment Management: Portfolio Diversification, Risk and Timing -- Fact and Fiction, John Wiley and Sons

Healy, J., 2001, New Zealand Capital Markets, Ministry of Economic Development,  http://www.med.govt.nz/upload/18163/healy.pdf  last accessed on December 17, 2009

Malkin, B., 2009, Financial Crisis: Australia and New Zealand Guarantee All Ban Deposits, The telegraph,  http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3187662/Financial-crisis-Australia-and-New-Zealand-guarantee-all-bank-deposits.html  last accessed on December 17, 2009

GM's Chevy Volt and its all-electric design, as well as diesel-electric and conventional gas-electric hybrids could and must replace the image of the 'old' GM in the public's imagination. The company has shed the Hummer stigma, now it must create a new image for itself in the future, not just domestically, but internationally.

orks Cited

Gas-free cars future priority. (2009, April 20). China Daily. Retrieved August 6, 2009

http://en.ce.cn/Industries/Auto/200904/20/t20090420_18857964.shtml

General Motors. (2009). Company history. Updated August 4, 2009. The New York Times.

Retrieved August 6, 2009.

http://topics.nytimes.com/top/news/business/companies/general_motors_corporation/index.html

Hu, Lei. (2008). GM's joint venture is China's top-selling brand in 2007. Edmunds.

Retrieved August 6, 2009.

http://www.edmunds.com/insideline/do/News/articleId=124379

Jason. (2004). The global hybrid race: Is Europe catching the fever. GreenHybrid. Retrieved August 6, 2009 at http://www.greenhybrid.com/wiki/index.php/The_Global_Hybrid_Race:_Is_Europe_Catching_The_Fever%3F

ald, Matthew. (200, August 5) $2 million in grants to speed up electric car manufacturing.

The New York Times. Retrieved August 6, 2009.

http://www.nytimes.com/2009/08/06/business/06battery.html?scp=2&sq=GM%20China&st=cse

Ying, Tina &…

Works Cited

Gas-free cars future priority. (2009, April 20). China Daily. Retrieved August 6, 2009

 http://en.ce.cn/Industries/Auto/200904/20/t20090420_18857964.shtml 

General Motors. (2009). Company history. Updated August 4, 2009. The New York Times.

Retrieved August 6, 2009.

Another unfortunate reality is that simply banning the discharge of effluents into the Olifants River will only stymie efforts to improve the economic situation of the region. New mining, agricultural, and electrical interests are being encouraged to invest in the region because they will facilitate economic growth and propel communities out of poverty. An outright ban on the discharge of effluents into the Olifants River will have the net result of undermining economic growth and crippling the communities that already rely on this economic base for their livelihood.

Many communities and governments, however, are experimented with market-based solutions to situations in which the interests of many firms, individuals, and organizations must be balanced with the larger desire to protect valuable environmental resources so that all can utilize them. The Australian government, in particular, has pioneered efforts to introduce market economic into pollution control and regulation. Their experiences with this method…

Works Cited

Helmer, Richard and Hespanhol, Ivanildo (eds.). "Water Pollution Control -- a Guide to the Use of Water Quality Management Principles." London: Thomson Professional, 1997.

How the Scheme Works." Hunter River Salinity Trading Scheme. New South Wales Environmental Protection Agency. 27 Nov. 2003. 15 Nov. 2007  http://www.environment.nsw.gov.au/licensing/hrsts/how_the_scheme_works.htm .

James, David. "Environmental Incentives: Australian Experience with Economic Instruments for Environmental Management." Environmental Economic Research Paper No. 5. Australian Government: Department of the Environment and Water Resources. 1997. 15 Nov. 2007 http://www.environment.gov.au/about/publications/economics/incentives/trade.html.

Olifants River Basin, the." International Water Management Institute. 31 Oct. 2007. 13 Nov. 2007 http://www.iwmi.cgiar.org/Research_Impacts/Benchmark_Basins/Olifants.aspx.

Open Market Operations

Monetary policy may involve several facets, including reserve requirements, discount rate and interest rate targeting. The U.S. Federal Reserve's long-time strategy has been to use interest rate targeting through Open Market Operations primarily to keep the economy in its attempts to keep the economy in a state of equilibrium.

Today, open market operations (purchase and sale of U.S. Treasury and other federal agency securities) are the principal tool used by the Federal Reserve in implementing monetary policy (Federal Reserve eb site). The Federal Open Market Committee (FOMC) of the Federal Reserve decides on the short-term objective, an objective that can be either a desired quantity of reserves of a desired price, also called the federal funds rate; this, in turn, will have the effect of making interest rates increase or decrease. "The federal funds rate is the interest rate at which depository institutions lend balances at the…

Works Cited

Chappell, Henry W., Rob Roy McGregor, and Todd Vermilyea. "Majority Rule, Consensus Building, and the Power of the Chairman: Arthur Burns and the FOMC." Journal of Money, Credit & Banking 36.3 (2004): 407+. Questia. 19 Apr. 2005 .

Chappell Jr., Henry W., and Rob Roy McGregor. "A Long History of FOMC Voting Behavior." Southern Economic Journal 66.4 (2000): 906. Questia. 19 Apr. 2005 .

Open market operations. 2005. Federal Reserve,  http://www.federalreserve.gov/fomc/fundsrate.htm 

Orphanides, Athanasios. "Monetary Policy Rules, Macroeconomic Stability, and Inflation: A View from the Trenches." Journal of Money, Credit & Banking 36.2 (2004): 151+. Questia. 19 Apr. 2005 .

In my opinion, the disadvantages of PAM were a little too numerous and too consistent to justify its creation and capacity to operate and I think time would have conclusively shown this as well. The accuracy of the information on the market is sensitive to the subjectivity of the investors and it is difficult to make a positive evaluation on the effects PAM would have had.

ibliography

1. Policy Analysis Market. On the Internet at http://en.wikipedia.org/wiki/Policy_Analysis_Market.Last retrieved on December 9, 2006

2. Hanson, Robin. The Informed Press Favored the Policy Analysis Market. August 2005. On the Internet at http://hanson.gmu.edu/PAMpress.pdf.Last retrieved on December 9, 2006

3. Khallow. The Policy Market Analysis. August 2003. On the Internet at http://www.kuro5hin.org/story/2003/8/13/33840/2554.Last retrieved on December 9, 2006

4. Pennock, David M. Commentary: The Good Side of the 'Terror Futures' Idea (Yes, There is One). 2004. On the Internet at http://dpennock.com/pam.html/.Last retrieved on December 11, 2006…

Bibliography

1. Policy Analysis Market. On the Internet at  http://en.wikipedia.org/wiki/Policy_Analysis_Market.Last  retrieved on December 9, 2006

2. Hanson, Robin. The Informed Press Favored the Policy Analysis Market. August 2005. On the Internet at  http://hanson.gmu.edu/PAMpress.pdf.Last  retrieved on December 9, 2006

3. Khallow. The Policy Market Analysis. August 2003. On the Internet at  http://www.kuro5hin.org/story/2003/8/13/33840/2554.Last  retrieved on December 9, 2006

4. Pennock, David M. Commentary: The Good Side of the 'Terror Futures' Idea (Yes, There is One). 2004. On the Internet at http://dpennock.com/pam.html/.Last retrieved on December 11, 2006

Company Background

Adidas was formed in Herzogenaurach, a town in Mittelfranken, north of Nürnberg, not far from Erlangen, and remains headquartered there today. The company was founded by Adi and Rudolf Dassler. The brothers eventually had a falling out, with Rudolph founding Puma. Adidas has grown to become one of the leading designers and marketers of sports apparel, footballs, and other related items. The company operates globally, has revenues of nearly €20 billion, and profits of €0.72 billion in 2015 (Adidas 2015 Annual Report).

Adidas competes against Nike, Reebok, Puma, and several other brands in this space. Major product lines include footwear, apparel, and footballs. Adidas sponsors a lot of athletes and athletic clubs as part of its marketing. Ultimately, this industry is characterized by incremental changes to basic product designs, a strategic emphasis on marketing spending, and distribution, and companies that utilize a global strategy, selling the same way…

On the other hand there are many disadvantages to moving into foreign markets as well. One disadvantage is in regards to extra costs. Because it takes more time to develop extra markets, and the pay back periods are longer, the up-front costs for developing new promotional materials, allocating personnel to travel and other administrative costs associated to market the product can strain the meager financial resources of small size companies. Another disadvantage is product modification. When exporting, companies often need to modify their products in order to meet foreign country safety and security codes along with other import limitations. At a minimum, alteration is often necessary in order to satisfy the importing country's labeling or packaging necessities. A third disadvantage is that of financial risk. Collection of payments using techniques like open-account, prepayment, consignment, documentary collection and letter of credit are time-consuming and more complex (Advantages and Challenges of Exporting,…

References

Advantages and Challenges of Exporting. (2010). Retrieved July 24, 2010, from The Global

Expert Base Web site:  http://www.globalexpertbase.com/wp-584-238.html 

International Marketing. (2010). Retrieved July 24, 2010, from Reference for Business Web site:

 http://www.referenceforbusiness.com/small/Inc.-Mail/International-Marketing.html

Hansel & Krahnen (2007) conducted a study that noted the equity beta of banks engaged in the marketing of CDOs increased relative to banks that did not market CDOs. This again highlights the risk associated with CDOs, especially given that the impact on the firm's beta was more pronounced in smaller, less well-capitalized banks.

hile CDOs introduced more risk into the banking system, they also encourage more risk in the credit markets. CDOs accomplished this by providing a secondary market for credit assets. There was only a limited secondary market for low-grade corporate debt and for subprime mortgages prior to the rise of CDOs (Deng, Gabriel & Sanders, 2008). The increase in the amount of subprime loans granted in the U.S. correlates with an increase in the availability of a secondary market for such debt in the form of CDOs. In turn, this encourage the adding of more subprime debt…

Works Cited:

Barnett-Hart, a. (2009). The story of the CDO market meltdown: An empirical analysis. Harvard College. Retrieved May 1, 2011 from  http://www.hks.harvard.edu/m-rcbg/students/dunlop/2009-CDOmeltdown.pdf 

Deng, Y.; Gabriel, S. & Sanders, a. (2008). CDO Market implosion and the pricing of CMBS and sub-prime ABS. Real Estate Research Institute. Retrieved May 1, 2011 from  http://www.reri.org/research/article_pdf/wp150.pdf 

Hansel, D. & Krahnen, J. (2007). Does credit securitization reduce bank risk? Evidence from the European CDO market. Gothe University Frankfurt. Retrieved May 1, 2011 from  http://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID967430_code120211.pdf?abstractid=967430 

Lannin, S. (2011). Lehman expected CDO market to worsen. ABC News. Retrieved May 1, 2011 from  http://www.abc.net.au/news/stories/2011/03/22/3170054.htm

McGurn suggests that even the highly complex modern economic markets and financial institutions reflect the values and morals of the community; collectively, they merely manifest the free will exercised by the individuals who control their operations and strategies. In that respect, McGurn reminds us that economic systems and institutions are inanimate and not capable of exercising either moral judgment or immoral exploitations. Rather, morality is a duty of individuals and of the human community to establish through appropriate social values. On the whole, McGurn argues that even the most disastrous economic catastrophes play a role in allowing corrective mechanisms to evolve internally; no interference from government is necessary.

Analysis and Criticism of the Religious Approach to Economic Market Regulation

In principle, the a priori assumption that religion is a beneficial perspective for human conduct and that of institutions is patently flawed. Secular moral theorists might argue (rightfully) that memorizing moral…

Davis enter the mass market with the Eggsercizer? Why or why not?

The three types of marketing strategies available to any company are mass marketing, niche marketing and skimming. The method that Davis at the moment is adapting is skimming. Why? He seems to rely on the trade shows and the occasional retailer who is interested in the product and skims the surface of the market potential. His product is a niche product that has applications in more than one sector. Thus the company has not been able to establish a niche yet. The aim of mass marketing is to capture a large segment of the market and retain it, either by a slow penetration process or by a rapid program where the market is captured by creating a mass awareness and demand. (Avlonitis; Papastathopoulou, 2006)

The methods of the rapid or the slow penetration requires many variables that build…

References

Avlonitis, George J; Papastathopoulou, Paulina. (2006) "Product and services management"

SAGE.

Burke, W. Warner; Lake, Dale G; Paine, Jill Waymire. (2008) "Organization Change: A

Comprehensive Reader" John Wiley and Sons.

Even Fannie Mae and Freddie Mac should be made totally independent from the government. This should be followed up by other methods to increase the individual ownership of housing and at the same time reduce the costs of owning a house. Even if the housing sector cannot be made totally private, it is important that the government make statements saying that it has no intentions of supporting Fannie Mae and Freddie Mac any further, and at the same time, try to improve the operations of these two companies. This can be achieved by limiting the amount of debt that these regulatory deposit organizations can hold and also focusing clearly with the two institutions on the sections of the housing market where their activities would provide the best social benefits. (Fannie Mae, Freddie Mac, and Housing Finance: Why True Privatization Is Good Public Policy)

The weakness comes from the feeling that…

References

After the Housing Boom. 11 April, 2005. Retrieved at  http://www.businessweek.com/magazine/content/05_15/b3928001_mz001.htm . Accessed on 30 April, 2005

Cederholm, Fred. Is the Housing Market Going to Crash? Retrieved at  http://baltimorechronicle.com/033105Cederholm.shtml . Accessed on 30 April, 2005

Federal Home Loan Bank System. Retrieved at http://www.fhfb.gov/FHLB/FHLBS.htm. Accessed on 30 April, 2005

Housing' Direct Economic Impact. 2005. Retrieved at  http://www.nahb.org/generic.aspx?sectionID=784&genericContentID=543Accessed  on 30 April, 2005

isks in Export Market

There is need for companies to develop a professional approach before venturing into the exporting business. The management of the company is supposed to be committed extremely as well as devoting time and money in commencing the campaigns of export. A company is supposed to be ready to face greater competition as well as more stringent rules and regulations concerning products and packaging due to the variance in rules to which or across which the company will be exporting.

In the process of exportation, there are a number of risks that the company will face. These elements of risks are encountered in every commercial transactions as well as the complexity of the environments that exporters operate in. The content of this paper will analyze risks that a company can face while entering the field of exporting as well as discussing the roles of intermediaries in the…

References

Aaby, N. & S. Slater. (1989). Management Influences on Export Performance: A Review of the Empirical Literature1978-88. International Marketing Review, 6: 7-26.

Andrew B. Bernard & J. Bradford Jensen & Stephen J. Redding & Peter K. Schott, (2007). "Firms in International Trade," Journal of Economic Perspectives, American Economic Association, vol. 21(3), pages 105-130, Summer.

Barney, J. (1991). Firm Resources and Sustained Competitive Advantage. Journal of Management, 17: 99-120.1997. Gaining and Sustaining Competitive Advantage. Reading, MA: Addison.

Cornelius Bothma (2012). Managing your export risk. EXPORTHELP. Retrieved April 13, 2012 from  http://www.exporthelp.co.za/modules/10_risk/intro.html

Future of the Housing Market

The housing crash that began in 2007 resulted in the worst economic catastrophe in the United States since the Great Depression of the 1930s, although few observers who realized that the bubble was about to burst truly understood the severity of the depression that would follow. In reality, it led not only to a collapse of the housing market but also to the failure of large banks, mortgage and insurance companies and very quickly to mass unemployment. The much touted service sector that was supposed to be the engine of the economy in the postindustrial age came to a grinding halt and had to be bailed out by the largest government expenditures since the Second World War. For a public that was accustomed to decades of rhetoric about the virtues of laissez faire and free markets, all this came as quite as shock, perhaps even…

REFERENCE LIST

Goodman, L.S. (2010). "Dimensioning the Housing Crisis" Financial Analysts Journal 66(3), May/June 2010, pp. 26-37.

Holt, J. (2009). "A Summary of the Primary Causes of the Housing Bubble and the Resulting Credit Crisis: A Non-Technical Paper" Journal of Business Inquiry 8(1), 2009, pp. 120-29.

Myers, D. And S. Ryo (2008). "Aging Boomers and the Generational Housing Bubble" Journal of the American Planning Association 74(1) 2008, pp. 17-33.

Vitner, M. And A. York. (2008). "How Far Will Housing Prices Fall?" ABA Banking Journal, August 2008, p. 56.

2007 Economic Crisis on American Car market

Effect of the 2008 global economic crisis on automotive industries

Crisis in the United States

Crisis in Canada

Crisis in ussia

Crisis in European markets

Crisis in Asian markets

Effects by other related crisis events

In this paper, we will review the effects of 2008 global automotive crisis. Our main focus will be on the American car manufacturers and the negative impact they suffered due to the crisis. We will also have a look at how this crisis had affected car manufacturers in other major markets around the world notably Europe, Canada and the prominent Asian markets such as China and India. Finally, we will look at some of the other factors which were important to this event namely the energy crisis since the cost of fuel is directly related to the car industry.

Introduction

The automobile industry is a very important part…

References

Lee, C. (2003). Financial Liberalization and Economic Crisis in Asia. New York: Routledge.

Pempel, T.J. (1999). The Politics of Asian Economic Crisis. New York: Cornell University Press.

Arestis, P. (2001). What Global Economic Crisis? New York: Palgrave.

Liou, K.T. (2002). Managing Economic Development in Asia. Westport, CT: Praeger.

shadow banking system, its role in the subprime mortgage crisis, and failures of regulation within the shadow banking system. The term "shadow banking system" was coined by PIMCO's Paul McCulley in 2007 (Spanos, 2012) and refers to a banking system that includes financial intermediaries that are involved in creating credit across the global financial system, whose functions are not subject to regulatory oversight (Investopedia, 2012). The question has been debated as to whether shadow banking meets the definition of true banking. Given that the two systems perform similar functions, including credit intermediation and maturity transformation, the two should be considered parallel systems (Noeth and Sengupta, 2011).

The term shadow banking is used to describe any provision of credit taking place outside of the traditional deposit-funded lending system. This definition includes institutions that range from pawnbrokers and consumer finance companies to securities dealers as well as firms that issue corporate bonds.…

Reference List

Armstrong, R., 2010. Q+A -- Regulating the shadow banking system. Fox Business. [online] Available at: [Accessed 20 April 2012].

Beckworth, D., 2010. "Deposit insurance" for the shadow banking system. [online] Available at: [Accessed 20 April 2012].

Drum, K., 2012. The shadow banking system speaks: It's not time for austerity yet. MotherJones. [online] Available at: [Accessed 20 April 2012].

Hsu, J. And Moroz, M., 2009. Shadow banks and the financial crisis of 2007-2008. Research Affiliates LLC. [online] Available at: [Accessed 20 April 2012].

usiness Failure

The first and perhaps the most obvious cause for business failure is fraud. Indeed, fraud is quintessential to business failure, mainly because it takes different forms and appearances, from intentional bad management to accounting frauds that lead to legal issues.

The most important example of how fraud brought down a bank that had been financing many important operations for the last three hundred of years is the arings ank. Unfortunately, arings was also a perfect example of how one single employee can actually bankrupt a company.

Indeed, Nick Leeson began his activities with arings after a short period spent with Morgan Stanley and he was soon sent to Singapore to clear the back office mess and futures trading that was on the way there. Initially operating only as general manager, Leeson soon began to trade on the Singapore Exchange (the SIMEX), especially in financial derivates, such as futures…

Bibliography

1. Barings Debacle. On the Internet at http://www.riskglossary.com/articles/barings_debacle.htm

Barings Debacle. On the Internet at http://www.riskglossary.com/articles/barings_debacle.htm

economic crisis in Europe and the increasing costs for European countries to borrow money and bail out other Euro countries in financial distress. The EU nations that use the Euro have experienced a crisis among certain countries with high debt requiring bailouts for Greece and Ireland and the likelihood that Portugal and Spain may also need a bailout. Postponing the restructuring of high interest debts has led to further crisis rather than resolving any of the problems faced by insolvent countries. Huge transfer payments from the more powerful Euro countries, like Germany, to the failed economies of Greece and Ireland have made investors nervous and led to less investment at a crucial time. The author suggests that the debts of troubled countries need to be restructured now in order to create a sustainable payment to increase confidence and secure future payments.

Creditors will also have to shoulder some of the…

References

Bamberger, K.. (2010). Technologies of Compliance: Risk and Regulation in a Digital Age. Texas Law Review, 88(4), 669-739. Retrieved January 21, 2011, from ABI/INFORM Global. (Document ID: 1995143041).  http://www.egloballibrary.com/egl/html/institutes/1086/homepage/library.jsp 

Corder, J. (2009). The Federal Reserve System and the Credit Crisis. Public Administration Review, 69(4), 623-631. doi:10.1111/j.1540-6210.2009.02011.x http://ehis.ebscohost.com.csuproxy.egloballibrary.com/ehost/detail?hid=6&sid=feb1c9d6-ff89-462b-9741-b5b3cfdd54aa%40sessionmgr12&vid=8&bdata=JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=buh&AN=42960193

Europe finance: Time for Plan B. (2011, January). EIU ViewsWire. Retrieved January 19, 2011, from ABI/INFORM Global. (Document ID: 2241366821).

Barrier Analysis

Two nationally recognized computer manufacturers compete for market share of lap top sales. Company B. has 50% market share for lap tops within the United States, while Company A has 10% share. Company A plans to use competitive advertising in order to acquire more market share. Since the remaining 40% U.S. market share is dispersed among various companies with no clear path to substantial acquisition, Company A decides that Company B's market share represents a target for its streamlined acquisition of market share. Effectively, Company A's advertising team devises to pull market share directly from Company B. Negative advertising poised to make Company B. appear to have inferior products relative to Company A's lap top offerings threatens Company B's market share.

However, Company B. does have a collective, non-physical barrier in place to thwart the results of negative advertising imposed by Company A. A few aspects combine to…

Ethics and Leadership Failures: The Enron Case

Gibney's 2005 documentary film Enron: The Smartest Guys in the Room reveals some of the main ethical weaknesses in an unbridled neoliberal capitalist market system. Barely addressing environmental and social justice issues, the filmmakers instead choose to focus on organizational culture, leadership, and ethical decision making within the corporation. The film illustrates the core concepts of business ethics and shows how executives shape company values and behaviors. Disturbingly, the Enron case also shows how unethical corporate behavior is linked with unethical behavior in government.

Summarize in one paragraph how you would explain Enron's ethical meltdown

Enron's ethical meltdown is a result of two interrelated issues: unethical individuals making unethical decisions, and an organizational culture that enables unethical decisions to proliferate. The unethical decisions and behaviors mainly have to do with stock market manipulation and the falsifying of information related to the actual performance…

5% of total liabilities. Their retained earnings, on the other hand, total $5.073 billion. The heavy use of retained earnings is partially explained by their view of themselves as a growth company. hile they pay a dividend, Nike prefers to re-invest much of its profits back into expansion. They do not feel that the market has matured sufficiently to stop their aggressive growth strategy. Another consideration in their capital structure is the cost of capital. On account of its low volatility, Nike has a low cost of debt, approximately 6.8% using CAPM. Their long-term debt is primarily a revolving credit facility. The rate, based on their a+ rating, is LIBOR + 0.15%, which would equate to 4.12% based on the October 15th price of the 1-year LIBOR. If anything, Nike could become more financially efficient by increasing their use of debt financing.

Nike places strong emphasis on human resources. They…

Works Cited

Cohen, Marshal (2007). USA: Athletic footwear is significant portion of overall footwear market. Fibre 2 Fashion. Retrieved October 21, 2008 at  http://www.fibre2fashion.com/news/company-news/npd-group/newsdetails.aspx?news_id=32512 

Some financial information, ratios from Reuters. Retrieved October 21, 2008 at  http://www.reuters.com/finance/stocks/overview?symbol=NKE.N 

Nike 2008 Annual Report. Retrieved October 21, 2008 at  http://media.corporate-ir.net/media_files/irol/10/100529/Areports/ar_06/docs/10k.pdf 

Nike 2006 Annual Report. Retrieved October 21, 2008 at

Telecommunications Act of 1996 was a high point in the history of telecommunications in the United States. It was coming twelve years after the breakup of AT&T; the Act endeavored to reposition all telecommunications markets in the direction of opposition. The Act imagined antagonism in all telecommunications markets, both in the markets for the numerous elements that included the telecommunications network, along with the final services the network generated. Going on the knowledge of the long distance market, which was distorted from a monopoly to a successfully competitive market over the last twelve years, the Act attempted to endorse opposition in the hitherto dominate local exchange markets. The Act acknowledged the telecommunications network as a network of consistent networks. Telecommunications contributors were obliged to intersect with applicant at any possible point the entrant desires. Most prominently, the Act commanded that current local exchange carriers ("ILECs") lease parts of their network…

Bibliography

Overbey, Jason. (1996) Telecommunication Act of 1996,

October 23,2002. www.telecommunications.com

OET, (2001) OET Telecommunications,.

October, 23, 2002. www.oet.com

Long-Term Capital Management

The Failure of Long-Term Capital Management

The Long-Term Capital Management is a popular term relating to hedge funds that experienced massive failure. The fund was initially a success from the time it was launched accumulating over $100 billion in just three years (Yang, 2014). It became highly attractive on Wall Street for everyone because of the astounding profits it made. Despite being run by highly experienced personalities like professors and finance experts, their performance turned sour in 1998 (Yang, 2014). Banks that were giants in the American banking industry were facing a loss of over $1 trillion because of their demise (Yang, 2014). The problem of LCTM occurred and accelerated so quickly that in less than twelve months, $4.4 billion that was part of the $4.7 billion capital had vanished. LCTM was on the verge of collapsing towards the end of 1998, and if it did then,…

References

Amadeo, K. (2016). What Was the Long-Term Capital Management Hedge Fund Crisis?. The Balance. Retrieved 31 May 2017, from  https://www.thebalance.com/long-term-capital-crisis-3306240 

Jorion, P. (1999). The Story of Long-Term Capital Management. Investment Review. Retrieved 31 May 2017, from  http://www.investmentreview.com/print-archives/winter-1999/the-story-of-long-term-capital-management-752/ 

Rimkus, R. (2016). Long-Term Capital Management. Econ crises. Retrieved 31 May 2017, from  https://www.econcrises.org/2016/04/18/long-term-capital-management/ 

Yang, S. (2014). The Epic Story Of How A 'Genius' Hedge Fund Almost Caused A Global Financial Meltdown. Business Insider. Retrieved 31 May 2017, from  http://www.businessinsider.com/the-fall-of-long-term-capital-management-2014-7?IR=T

Attribution and Cultural Differences

Attribution

Attribution of failure and cultural differences in business

'Personal responsibility' is a common buzzword in American political and business life. Americans are often more forgiving of politicians and CEOs who accept responsibility for the mistakes they have made. Individual responsibility is seen as a positive value, but this is not true of all cultures. In more collectivist cultures, the stress is upon collective and 'team' responsibility when things go wrong. "In some cultures (those in the West), it is the individual that has agency, as the group is merely the context within which individuals act. In some cultures (those in the East), it is the group that has agency. In Asian cultures, individual agency is constrained by family roles and social rules so that there is less individual 'innovation and improvisation'" (Friedman et al. 2007: 857). As a result, in the media and in society,…

References

Dickie, Mure. (2011). Stigma of failure holds back Japanese start-ups. The Financial Times.

Retrieved:

 http://www.ft.com/cms/s/0/abb1facc-3eb0-11e0-834e-00144feabdc0.html#axzz2JYVU1JOm 

Friedman, Ray, Liu, Wu, Chen Chao C., Chi, Shu-Cheng Steve. (2007). Causal attribution for interfirm contract violation: A comparative study of Chinese and American commercial arbitrators. Journal of Applied Psychology 92 (3) 856 -- 864