answersLogoWhite

0

2008 Economic Crisis

A sub-category dedicated to the economic crisis that has affected us all

810 Questions

Is the euro better than the pound?

yes if you want it money-wise, no if you like the pound. yes if you want it money-wise, no if you like the pound. yes if you want it money-wise, no if you like the pound.

What is political diversity?

Political diversity is the different political opinions that people have. It is allowing people the right of having different political opinions and outlooks.

Why is the yen appreciating?

The situation has changed somewhat since the major earthquake in 2008.

There are many reasons why the the yen was appreciating against other currencies. They include:

1) Unwinding of Carry trade (all liquidity leads to Japan right now); remember Japan has the lowest interest rate in the whole world (only 30 basis points) therefore everyone seeks a loan in Yen and when it is repaid you see a strong yen

2) Right now speculators view Yen as a safe currency hence a lot of speculative buying

3) Japanese are withdrawing their investments from other countries, bringing it back to Japan

4) the IMF/world bank has extended loans to some countries in Euros/Dollars

5) Rate cut in Europe and US is also a factor in depreciation of these currencies against the yen

What can a company do to be more marketing oriented?

Assuming its not a start up, ignore traditional marketing approaches, focus on first your current customers and second your staff. Both groups can provide effective advertising for your firm and products. Give all your staff training in marketing and train them all as sales staff. If there are only 5-7 degrees of separation between every one on the planet a 100 staff can directly inform 700 and those 700 a further 49000.

Likewise your customers: don't go the classic market surveying of your custmers if you need info from them reward them for that info, the reward can be a discount, petrol vouchers or such like but don't ask them to give you info for free there is just so many marketers out there taking info for free and irritating people that a fresh respectful approach will work wonders. Secondly have your own staff ( the workers not the management) analyse the results of and info gathering exercise, the work they do in collating and reporting on the results will give them a real feel for what is happening. They may well change their behaviour from the "factory floor with out the old Office down mentality. Consultants give you a summary but not the instinctive understanding of the results that can help your staff make your product more popular and customer oriented.

What is a major reason for the development of a common culture?

The Influence of Communication contributes greatly to a common culture.

What organizational structure does apple use?

Apple Inc. Microcomputer design and manufacturing company, the first

successful personal-computer company. ... See also: Detailed Chart | Financials |

Filings ...

Advantages of profit-oriented business?

Advantages of Profit oriented Business is that it can Help in Increasing our countries

Growth in a faster manner also it helps in increasing income of peoples working with

The Organisation it helps in increasing in purchasing power and consumption, it can

Help in increasing production and vise varsa

Kishor

What do you mean by consumption?

Consumption is a common concept in economics, and gives rise to derived concepts such as consumer debt. Generally, consumption is defined in part by comparison to production. But the precise definition can vary because different schools of economists define production quite differently. According to mainstream economists, only the final purchase of goods and services by individuals constitutes consumption, while other types of expenditure - in particular, fixed investment, intermediate consumption and government spending - are placed in separate categories. See consumer choice. Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g. the selection, adoption, use, disposal and recycling of goods and services).

How can competition impact on a new business?

Competition can be a positive or negative thing for any new business. Positive wise.. it makes them known, and gets their name spread around. And on the other hand, negative.. if their competitor makes it bigger then they lose their customers.

Where can i find historical wheat future prices data?

The Chicago Board of Trade has the prices. Other sites, including tradingeconomics, show prices from the past thirty years or so.

What is Sub-prime?

The Term sub prime is usually used in the context of loans.

A prime customer is one who has a very good history and can repay the loan comfortably during the agreed tenure.

A subprime customer is one who does not have a good credit history and also does not have enough income to substantiate the loan payments monthly.

The loans granted to a subprime customer is termed as a subprime loan...

Disadvantages of diversification?

There are a number of disadvantages of diversification. Some of them include overuse of resources, it may affect level of production and so much more.