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Institutional Economics
Today the term “institutional economics" is widely used and is associated with a vast literature. This first institutionalism was, in fact, dominant in American economics departments just after World War. The central ideas of institutionalism concern institutions, habits, rules and evolution. However, no institutionalism tries to build a ...
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Technology and Logistics
Technology and Logistics
Introduction
Wal-Mart has renowned itself to be the world's largest and preferably most strong retailer with an increasing sales per square foot, operating profit, and inventory turnover of any discount retailer. Wal-Mart operates its business from regional retailer to global store house under effective system of supply ...
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Protectionism
Abstract
This essay is about the arguments of the protectionist policies. Protectionism is the development of a policy to protect the products of their own country, imposing restrictions on entry of the same or similar foreign products by imposing tariffs and taxes on the import, and the more expensive product ...
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Macro Environment (PESTEL)
Macro Environment (PESTEL)
Macro Environment (PESTEL)
Introduction
PESTEL analysis (or PESTLE) is a strategic planning tool to define the context of a campaign. Analyzes external political factors, economic, social, technological, environmental and legal that can influence the campaign.
Discussion
PESTEL method is a particularly useful method to analyze the direction or strategy ...
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Economics
The Economist on alcohol abuse
Answer 1)
For economist the human beings are rational agents and solution to this problem of alcohol abuse is entirely connected with the cost and benefit. This cost and benefit either increase costs or decreases the benefit. Now, this cost and benefit is also concern with ...
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ECONOMICS ASSIGNMENT
Economics Assignment
Economics Assignment
Question 1
Perfect competition describes a market structure whose assumptions are extremely strong and highly unlikely to exist in most real-time and real-world markets. The reality is that most markets are imperfectly competitive. Nonetheless, there is some value in understanding how price, output and equilibrium is established in both the ...
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Macroeconomic Perspective of Dell Inc
Macroeconomic Perspective of Dell Inc
Introduction
Dell incorporation started operations in 1984 and created its market by offering personal computers directly to customers. It entered in the market when already there were many big computer suppliers were present but it used its unique model marketing module by providing ...
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Fiscal Situation Facing the Current UK Government
Fiscal Situation Facing the Current UK Government
Introduction
The main purpose of this paper is to make an analysis on the fiscal situation being faced by the UK government and make appraisal of the government approach to deal with these situations. The main aim ...
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PORT PRICING
Port Pricing
Port Pricing
The Government of the Sultanate of Oman and the Sohar Industrial Port Company (SIPC) are bound by mutual concessionary agreement, allowing SIPC to operate, manage and develop the Sohar Industrial Port area. The concession allows SIPC to levy the leverage to charge port dues for vessels entering the ...
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STAGNATION CRISIS
Japan's Stagnation Crisis
Japan's stagnation crisis
Introduction
The decade of stagnation of the Japanese economy since 1990, are in many ways enigmas. A speculative bubble, the insolvency of many financial intermediaries and recession are indeed exceptional phenomena, internationally: twenty years of Dozens of countries have experienced this after precipitously liberalized their system ...