Economic efficiency

So altogether the researcher found out that the management controllable variables of the bank determine the profit of the bank of Ceylon. Among them a special consideration should be forwarded to the efficiency of capital ratio management. 5.2. Recommendations A well established, healthy banking industry is must for sustainable development of any country. The banking industry in Sri Lanka has great impact in the GDP of Sri Lanka. A state bank, BOC has…

Tourism has been an important economy contribution to a country, it has developed rapidly over the past decade, and compare to the other service industries tourism is one of the largest industry. Tourism product such as culture and beautiful places has been an interesting attraction towards foreigners. By providing a lot of business opportunity, tourism industry can increase other local SME’s company revenue because of the opportunity that tourism industry created such as transportation, local…

about the European Commission’s role in ensuring economic efficiency. The principle of game theory will be used to explain the incentive scheme as the penalty yardstick in motivating cartel participating firms to whistle blow. Price fixing and its effects on consumer behavior and firm’s output will also be discussed. This paper will conclude with a statement to its purpose statement. This paper assumes that the reader has some intermediate economic knowledge pertaining to…

Capital Moves : Industrialization Workers worldwide depend on their employers to provide a fundamental salary that is directly dependent upon the particular industry's labor standards, benefits, and risk involved with the profession being performed. Throughout history and during the current global era, corporate capitalistic companies have been the leading employers for a multitude of people and or citizens in a particular geographic area. Within Jefferson Cowie’s “Capital Moves”, readers are…

analysis perspective? 4. What are the two main strategies that Etsy should consider (without changing its corporation status) to compete successfully against Amazon.com? 5. Please provide 3 business examples from the MOS that exemplified the same economic issues faced by ETSY. 1. B Corporations are for profit companies certified by the non-profit B Lab to meet difficult standards of social and environmental…

Prohibitionists thought that drinking drastically reduced productivity, which directed Prohibition at the working class. They thought by taking the alcohol away, industrial efficiency would increase. “The wage-earning class, which prior to prohibition was probably responsible for about two fifths of the liquor bill, now probably contributed to not over one fifth of it” (Clark Warburton 93). Though, there were positives and negatives to this; being drunk on the job would clearly affect how…

A drone is any unmanned aircraft that one can program or they can be autonomous. These robots often use GPS technology to be more accurate when preforming a task. Additionally, in most states an individual must receive a certificate of authorization from the FAA before using drones for any purpose other than recreational. The Federal Government uses drones to make citizens lives safer and easier by monitoring wild fires, supporting law enforcement, and training the military. However, the demand…

effective in stable and predictable ones. Hence companies which operate from unpredictable environment or undergo regular changes will create severe diseconomies for those who pursue low cost strategy which results to threaten a cost leader’s effort at efficiency and cost…

Michael Porter, an economic researcher, examined the competitive behaviors that comprise successful businesses. In the early 1980s, he set out to uncover the ways companies maintain long-term advantages over their competitors. Through this work he created Porter’s Generic Strategies, three interconnected concepts that most organizations use to develop key operating procedures and outmaneuver competitors. This paper will seek to to discuss generic strategies, their meaning and how they apply in…

the Commonwealth’s financial assets and serves as a fiscal watchdog, ensuring that tens of billions of dollars in state payments are lawful and correct. It operates innovative programs that generate positive returns for taxpayers and improve the economic security of Pennsylvanians. The Treasury is committed to efficient, productive, and transparent operations. The Pennsylvania Treasury processes about 22.5 million payments totaling $90 billion annually. The PA Treasury embarked on an ambitious…