1. Appreciation of the Swiss franc 1.1 Causes The global financial crisis led to a significant weakening in economic growth. The worldwide recession hit almost every country and financial uncertainty was dominating the markets. This has mainly happened due to the insolvency of many system-relevant financial firms, such as the Lehman Brothers, Fannie Mae & Freddie Mac. The franc has been permanently revaluated since 2008. 1.2 Measures against the strength of the Swiss franc After the SNB…
Indian is having abundant of city hotels and resort which is increasing the MICE tourism in India. There are many critical steps being taken forward by Indian government and tourism department to promote the country worldwide. MICE people prefer city hotels which can help India to increase its spread of MICE tourism in ASIA. Sports in India plays an important role in development of tourism sector and infrastructure. This also helps in increasing the Gross value of India in International market…
The book is a amalgamation of contributions of Novel Prize winner renowned economist Amartya Sen’s, glorious papers on public conversation and rational pluralism in Indian society that incorporate Indian history and uniqueness, culture, focusing on the custom public debates and intellectual pluralism. It is the perceptions of Indian culture, history, or individuality which is not inevitably distorted or discerning but also without having a clear scientific interpretation. The book is a coherent…
1.) Based on the product report of the Alikay Naturals Moisturizing Black Soap Shampoo, it can be deduced that the product belonged to the Decline stage of the product life cycle. As can be seen from the data presented, since the shampoo was launched in January- March of the year 2015, the units sold deteriorated as time passed by. In fact, from 381,000 units that were purchased by customers in the first quarter of 2015, only 275, 776 units were bought by clients in quarter 2 of 2016. Moreover,…
Technology adapted Wipro Technologies Limited, which was initially started as a manufacturer of vegetable and refined oils, has undergone tremendous changes in its technological structure right through the years. In the late 1970s and early 1980s, the company realized the new opportunities in the IT sector and set their foot in the IT and computing industry. This fascinating transformation from a vegetable oil company to global IT service giant was not an easy one. It had to face various issues…
Land reclamation refers to the process of recovering land that is damaged and abandoned and making it usable again. There is a need for land reclamation owing to the burgeoning population, inexorably giving rise to the country to provide space for industrial growth, recreation and transport. Spatial constraints are overcome by land reclamation which is key to providing space for the expansion of industries and commercial buildings, recreational facilities as well as houses. The three methods of…
fighting in the crusades. Though the main motive behind the crusades was the religious benefits that came with fighting in the crusades. The crusades had many factors that made the people want to fight in them. One was the gain they could have in their economic situation.…
CHAPTER 1 INTRODUCTION 1.1 Background of the Study Sialkot Sports industry is an entrepreneurship capital of Pakistan and its unique craftsmanship is a hallmark of this region. It has a fabulous contribution in the development of our economy because almost all the manufacturing if this industry is being exported. Our economists believe that this industry is a nucleus of cottage industry and it is a beautiful role model for rest of the country. Made in Sialkot, Brazuca…
Globalisation shapes our lives nowadays. However, the definition of the concept of ‘globalisation’ is not indisputable. As Pieterse (2009) suggested, ‘globalisation invites more controversies than consensus’. (Pieterse, 2009, pp.8) Some even mix globalisation up with Westernisation and Americanisation. According to Tony Spybey, ‘Western civilisation is the first truly global civilisation, with Americanisation being its most visible and dynamic manifestation’. (Baracco, 2006, pp25) It is…
2.2. PESTLE ANALYSIS 2.2.1. POLITICAL FACTORS Life insurance industry is affected by many political factors. In political sphere, hike in FDI limit up to 49 percent but, the Parliamentary Standing Committee on Finance has rejected foreign direct investment (FDI) to 49 per cent, in the Insurance Laws Bill (Amendment) 2008 (News, 2011). Increase in FDI limit attracts foreign investors and provide fund for penetrate in market. Insurance companies need capital to expand and penetrate their…