Environmental economics

Figure 1 gives an overview of the Political, Economic, Social, Technological, Environmental, and Legal Factors affecting Lululemon. P (Political)  It doesn't own manufacturing facilities instead it outsources its merchandise production to manufacturers in third-world countries with unstable political environment.  It is exposed to trade embargos and increase in tariffs rates.  It operates in countries with different tax regulations, exposing it to double taxation if the countries don’t have…

environment. Competition is multi-faceted. The existence and potential growth of competitors are economic factors which are of primary importance in developing a firm’s strategy. The amount of competition versus cooperation between firms in the same field is partially a socio-cultural factor, while the government’s attitudes toward monopoly or oligopolistic agreement is a political factor. Top management must be lightly sensitive to each of these , particularly to the latter.…

According to filmmaker, the Glencore is making billions of profit from copper mines while the country Africa remains one of the poorest in the world as compared to other countries. Though, Zambia is rich in copper resources, having mining industry as economic backbone but the poverty rate remains to be very high since these resources are not generating much profit wealth for Zambians. There are several arguments in this documentary which answer the following question: how is it possible for…

The 97-year-old Oshkosh Corporation has several choices to consider as it seeks to expand its international truck manufacturing operations. First, a shortlist of potential locations were established. The list included the countries of India, Argentina, and Botswana. Oshkosh already has a global precense with manufacturing facilities in nine countries, but none in the proposed new locations. Therefore, a detailed analysis of each country is needed in order to make an informed decision. First,…

There are seven industrial relation foundations outlined by John W.Budd, which include legal environment, economic environment, technical environment, political environment, social environment, business context and institutional context. These industrial relation foundations help us determine the employment outcomes which result from interactions between “employees and employers in the sociopolitical strategic, functional and workplace tiers of the employment relationship shaped by the…

The modern world’s experiences widespread global economic interdependence. In the context of this work, globalization can be defined, in its simplest terms, as the increasing communication and interactions between people, societies and states existing in different regions of the Globe regarding "interdependence". Globalization describes a process that advances in both directions in its local-universal spectrum, pointing out to a highly dynamic and variable conception far from a static structure.…

joint partnership between two economically and culturally different states--England and France. Bent Flyvberg is one of the first academics to study megaprojects from a program management perspective in order to better understand the economic, social, and environmental impacts, which is what drives the organizational interest in our case study of the Concorde. This paper will use the framework of his megaproject management study in order to understand the plethora of issues that happened…

economy and those that are primarily social in their orientation. Nonprofit mutual associations with an economic orientation include business organizations, unions, professional associations, and consumer societies.” (p. 16) Unions fight to protect the fundamental human rights…

In 1944 Austrian born Karl Polanyi published his most well known book The Great Transformation in which he critiqued dominant economic thinking and offered another lens in which to view global markets and the history of capitalism. The Great Transformation has remained an influential text especially in the fields of sociology, history and anthropology (Block 275). Polanyi believed that there was a series of myths surrounding the origins and workings of capitalism that began with Adam Smith and…

To begin, the economy of Israel fluctuates in accordance with the conflict, with major economic sectors like defence spending, tourism revenue, and the number of trading partners appearing to be trapped on one side of an extremely sensitive scale, as the conflict weighs down the economy as it intensifies. However as violence and chaos subside…