Ecological economics

Audit firms of different sizes have to utilise its resources in different ways in order to establish themselves in niche markets and sustain a competitive advantage. Folks DFK & Co as a medium sized audit firm is able to compete with other small and medium sized audit firms to serve clients from small companies to public listed companies. The major issue faced by the firm is lacking of advance technologies and IT infrastructure due to its lacking of economies of scale and financial resources. If…

INTRODUCTION Kotagede is a district located around ten kilometers southeastern part of Yogyakarta city center, Indonesia. It has been renowned for silver handicrafts industry for many decades. This particular industry has grown since the development of Kotagede as the capital of Mataram Kingdom in the 16th century. Silver handicrafts industry is considered as the most important economy sector in Kotagede because it absorbs many skilled labours in this field. Most of the silverware firms are…

backlash from indigenous people. British imperialism in India is a perfect example of how a powerful country was capable of bending another under its control. Great Britain created and maintained an expansive array of products, which helped form an economic backbone. Across its six countries were a range of goods, from butter and cheese to silver…

the small country, I have experience about how the life would be if you have no money. So, I already done some research about how to save money and I would like to give you some information about it. IV. Saving money could help to reduce personal economic risk in the future. V. Today, I would like to give you some ways to save your own money. 1. Know your cost of living 2. Savings policy 3. Make…

Introduction Mungbean (Vigna radiata) is a leguminous crop which serves as an important food and cash crop which is cultivated in Asia, Africa, Australia, North and South America. It is a short duration crop and requires low farm inputs. The world’s production of mungbean is more than 6 million hectares per annum and has the highest production in Asia. It is eaten as a vegetable and it is also processed into various products such as sweets, noodles and drinks. Mungbean is rich in easily…

University of California, Berkeley professor Ananya Roy strives to eliminate poverty stereotypes that come forth from globalization and consumerism. In her carefully structured arguments she depicts a new light on poverty and its gaps, sharing both her experience and academic opinion. However, her discourse focuses in an expository manner, how both: First World (United States of America) and Third World (India) countries view their poverty and other’s. Moreover, in her unbiased opinion, she…

It is said that he was paid almost $135,000 by the Icelandic Chamber of Commerce to write the report. Similarly many top B school Economics Professors are being paid millions by corporate America both to advise and to sit on their boards. 2. Role of the Government- Corruption and Questionable Appointments Alan Greenspan, the economist who later became the chief of the Federal Reserve…

A. Calculate the expected value of the alternating St. Petersburg lottery in form of an infinite series? Fair gamble: In the Lottery gamble, this is chance of winning or losing for the person. A lottery is a fair gamble L=[x, -x; 1/2, 1/2\] Such that Ex= Where, x is the random variable events. The St. Petersburg Paradox: S. No: Outcomes Prices Probability 1 H $2 1/2=0.5 2 TH -$4 1/4=0.25 3 TTH $8 1/8=0.125 4 TTTH -$16 1/16=0.0625 5 TTTTH $32 1/32=0.03125 --- --- --- --- N n(T…..T)H…

In his book, “The Signal and the Noise,” Nate Silver discusses many statistical and analytic techniques as they relate to everyday events and phenomenon. For instance Silver writes about topics such as baseball, weather predictions, climate change, the stock market and terrorism to name a few. In each chapter he addresses the issues at hand and describes how statistical analysis can be employed to make the topic easy to understand and often predict certain outcomes. The book is very enjoyable…

Advantages: 1) Competition in pricing for general contract. As the name suggested, Design-Bid-Build asks general contractors to compete with each other based on the prices from subcontractors. Since this process involves biding and competing with other contractors, the owner may get the best price from Design-Bid-Build delivery method. 2) Theoretical price certainty from bid. Although general contractors put the bid document out to different subcontractors and ask them to bid on the…