Exclusive Economic Zone

THE NICHE MARKET: INCENTIVE TRAVEL IN BELGIUM Market overview After further research on the corporate travel industry, we discovered a niche market steadily growing in Belgium; the incentive corporate travel market. This part offers insights into the Belgian incentive travel market, and presents related matters and considerations to address in order for Roomex to capitalize on it. It is measured that around 23% of Belgian companies with sales figures of more than 620,000 Euro use incentive…

3.6. Root causes in the Bourbon Dolphin accident The critical events in the Bourbon Dolphin accident are identified with the help of reviewing the official report of Bourbon dolphin accident (2008) and experts opinions. These are initial heel angle and drift of vessel. 3.6.1. Root causes in vessel capsizing The stability of an AHV during anchor deployment or recovery is a complex subject. The stability is primarily dependent on vessel’s design, environmental conditions and forces acting on it.…

The six-hour work week has too many downsides for it to be more benifical system than a standard eight-hour work week. It lures people in with fewer hours in the workplace, but fails to mention it's major flaws. Many people believe in the six-hour work week, each for defering reasons, and they say that it would help businesses as a whole, for both workers and employers. However, there are two major reasons implementing a progam like this, just couldn't end well. First off, it has ended in…

Enron: The purpose is to examine how information asymmetry and opportunistic behavior of legal firms, executives and auditors and the incompetence of the owners ie. The principal to control it let to the catastrophic collapse of Enron. The implosion caused due to US in Enron had created massive havoc costing the economy a whopping $ 64 billion in 2002 with GDP declining by 0.67 % in the next two years and a major decline in investor confidence directing a 17% decline in share prices. The main…

The Corporate Ansoff Matrix: Let's examine each quadrant of the Matrix in more detail. Market penetration, in the lower left quadrant, is the safest of the four options. Here, you focus on expanding sales of your existing product in your existing market: you know the product works, and the market holds few surprises for you. Product development, in the lower right quadrant, is slightly more risky, because you're introducing a new product into your existing market. With market development, in the…

Introduction Transit oriented development (TOD) is an urban development approach that focus on the effective use of the transit system, that is the public transport system. TOD maximizes the efficiency of the transit systems by developing in high-density, and in a way that integrates different land use into a single location. TOD makes use of high-capacity, highly efficient mass transit systems such as heavy railway, streetcars and buses to achieve an efficient and sustainable urban development.…

of the role of power in an economic society. In his writing Power and the Useful Economist, Galbraith presents the idea that the state plays a significant role in deciding how the economy spends its productive capacity. In Veblen’s writing The Theory of the Leisure Class, he presents critical thinking and theories that pertain to the habits of individuals in society and their related social norms. Both economists present their ideas from the view of institutional economics. This perspective…

23.1 What is Humanitarian Logistics? During last decades interest in HL has grown tremendously both in practical field and in academic community due to the increase in number of sudden natural and manmade disasters globally. Disasters have dramatically increased in last 100 years. Logistics operation contain 80 per cent of activities in any disaster relief operation that why nowadays it is consider to be one of the important aspect in disaster relief (Trunick, 2005). It can be understood better…

In 1996, Korea became one of the members in OECD, achieving recognition as a developed country. To come to this point, there were many major historical events that impacted Korea and its economic success. One of the most impacting events was called, “Gwangju Uprising”, which was a movement against an absolute government. Gwangju revolution was firstly started by college students who were against the absolute government of Korea. People later joined the protest after looking at cruel oppression…

SWOT Analysis Of Wal-Mart By far what we have known about Wal-Mart the company is its profile, industrial standing and the organisational structure. But when an investor makes a decision about a company, apart from the above mentioned areas one ore area is of utmost important to him-the position of the company with respect to its internal strengths and inherent weaknesses along with the potential opportunities and the external threats it faces. In the light of the above discussion we now talk…