Why did Lehman Brothers file for Bankruptcy?
I really don't think that it was necessary for lehman's to declare bankruptcy but feel that after the US government bailing out others they should have also considered helping Lehmans. I think that they have created an even bigger problem, and think of the lost money by shareholders. The government has created another down draft that will not be felt for a few months but think about it...the shareholders themselves maybe middle upper class citizens are now out every dollar invested in that bank and are now sitting with nothing as the SEC pushed Lehmans into the Pinksheets today Sept 18 2008. Many of those people have lost much of their life savings. What about the employees that were given stock options and thought of their shares in Lehmans as retirement. It just does not cut the cake...I think that this all moved way to fast and I truly think that the US government should have jumped and given some sort of a lifeline to Lehmans. I think there is bigger trouble coming yet.
Role of technical education in national development?
Technical education is important because technicians are needed to keep everything running. In fact, there isn't any phase of education that isn't important. Like the grade school saying goes: the more we know, the better we grow.
What business is considered recession proof?
Military officers,elected officials, priests, police officers, firemen, doctors, and funeral directors. Architect/contractor familiar with disabled renovation, Biochemists, Family finance counselors, Hiking/biking guides, Vets etc are also some jobs which are recession proof.
In order to become more efficient and to make greater profits both individuals and nations learn to?
They learn to specialize to become more efficient and make greater profits.
You mean globalization, it mean how an idea, inventions, and production or etc. gets from one place to another. Including culture, business, traditions, immigration; this also includes the improvements and method of developing countries as well
There is strong answer to the question that How recession is started?.
Ans:When the financial and credit system breaks the natural process then recession happens.
What really recession means? some economists are saying recession happens due to slow down in economy others are saying recession is due to mortgage loans or over spending.
I particularly believe in the fact that before start of recession in Dec 2007 in US every thing was going normal but the question is how recession comes from?.The GDP numbers were also great.
Recession comes from the developed economics of world like US and U.K. where the people believe in mortguage loans, credit payments & excessive expense on living.
Moreover economy of developing countries are much more depend on develop economics and the impact of recession was clearly seen in developing economics also like Asian countries.
So following steps required to be taken by the developing economics to avoid recession :
maintain aggreate demand of goods and services, don't be depend on other countries for import & export, disallow FDI's they will take part of our profit, For some instance FDI's will give jobs but in recession many professionals lost their jobs due to concentration of MNC's in India, make strong our own infrstructure for agriculture, industry & services, give priority to savings which would help in recession, rather to go for job try to become enterprenuer, good fiscal policy of country.
Countries like India & China will likely face recession because of own their domestic cunsumption (Large population).
I pray to god that we will never see recession in future.
Thanks & Regards
Dinesh
dtgabhane@rediffmail.com
Greed and indulgence. You see, as long as money is made by selling goods and/or services, it is good. The trends of making money out of money can never really sustain for a longer period. Everything in the system needs correction, once the system is off so the equilibrium and that's the law. You keep buying, I keep buying and our neighbour keeps buying eyeing profits, what will happen? The profits start reducing (because of distribution of profits among all stake holders) and after a little while of reduction (which is a gag before the strike), the bulls dies and the bear hugs you. See petrol for example. Just because we have petrol available in abundance, we keep using our vehicle. As the petrol reserve keeps diminishing, the prices keep going upwards and lesser number of people can afford petrol. The situation continues worsening and at a point, there's no more petrol for anybody's use. Petrol and Money, the key difference being petrol is consumed for personal convenience in commuting and money is spent to make more money to eventually buy pleasures otherwise unaffordable. "by Paneer"
Should a Competitive firm that is incurring a loss should immediately cease operation?
Some firms continue production even though they suffer a loss because of the 1)future expected economic prospects.2)they have already invested a huge fixed capital3)mainaitn the good will of the parent company (stock market prices).4)strong trade union compulsion5) providing public goods and merit goods
Current global economic crisis?
The Subprime Mortgage Crisis is an ongoing economic problem that has become more apparent in 2008 and has resulted in reduced liquidity in the global credit market and also the banking & financial systems. This crisis has exposed the weakness in the global financial system and also the regulatory framework that is overlooking them. Some of the reasons for this crisis are: 1. The US Real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities
The phrase choosing is refusing means what?
fifty fifty chance that it might mean this: individuals face an opportunity cost with each decision they make
What steps did Hoover take to ease the economic crisis?
At first President Hoover tried to organize national optimism by summoning business execs to DC to declare that conditions were sound and that there would not be wage cutting. When that did not work (stop the depression), he became inactive for a while, trusting to the idea that it all would self-correct. When that did not work, he organized an international moratorium in war debts and reparations. This actually did help stem the slide further into depression, but only briefly. Then he set up the Reconstruction Finance Corp. to bring federal aid to hard pressed banks and businesses. Just as it seemed that this might work and that recovery was at hand, in the winter of 1932-33 the banking system in America went into a tailspin. On March 4, 1933, the American banking system ground to a complete halt. Hoover was an able and intelligent president who attempted orthodox economic ideas, but became a victim to the collapse of the system.
What is the demobilization in finance?
Demobilization is when two or more waring parties sign a peace treaty to end the war. This is usually followed by the disbanding of the fighting forces. The countries may still maintain a small fighting force.
The required reserve ratio is lowered.
How do communist and socialist political theories differ?
Communism is an extreme form of socialism and permits no private property.
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.
Political diversity is the different political opinions that people have. It is allowing people the right of having different political opinions and outlooks.
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 |
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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