Gross domestic product

and minerals. This means that Australia has a limited range of products available for export. A depreciation of the Australian dollar Traditionally, Australia has been a low savings rate economy. This means that Australia has a high need for foreign savings to finance domestic investment as domestic spending exceeds domestic output. The mining boom in 2011 also attracted foreign investment, which is crucial as Australia’s domestic savings rate of 10% is not sufficient. Shown by FIG 7,…

The national debt is the sum of all past federal deficits minus the government expenditures or surplus. It’s less informative than the real GDP, a figure of the total value of all goods and services produced during a period or year, however both give information on the state of an economy, and it is good to look at many factors. The question for the assignment is a theoretical one – what is the best way to show a country’s economic worth? It depends on how you look at the information. For…

“Concept Problems.” “9. Suppose real GDP increases during President Obama’s term in office at a 5% rate. Would that imply that his policies were successful in “growing the economy”?” (Macroeconomics Principles V. 2.0.) This would mean two things. The first thing would mean that his policies were successful if he found the country in a recession gap and his administration was the first to implement or find the solution to the problem. The second thing would be that his policies were not…

VIETNAM PROFILE OVERVIEW Official name: Socialist Republic of Vietnam Continent: Asia Region: South East Asia Form of Government: Socialist Communism Capital: Hanoi Largest city: Ho Chi Minh City (formerly Saigon) Official languages: Vietnamese Official scripts: Vietnamese Ethnic groups: 85.7% Kinh (Viet) Religion: 80% none, 20% other religions Anthem: Army March Anthem Demonym: Vietnamese Area -Total 331,210 km2 -Water (%) 6.4 - RANKED 66 Population (2014 estimate) -…

Maximizing the value of product and service offerings within the industry Exploring the competitive advantage of Sears; one thing noted that Sears does have an advantage to focus on quality, low cost, and customer responsiveness and satisfaction. Its strategic scope can be geared towards products and service of their customers. This has already started with Sears member-centric focus in providing its customers with the best shopping experience. Furthermore, Sears can expand its product lines…

sensors and other smart devices that can be attached to the package, shelves and counters of the in-stores. IoT-devices also enable the retailer to understand which products are underperforming and high as stocks? What are running out of the stock? And the impact of the environmental condition over a product sale, product-trending or product-out-of-sale. Countless variables are responsible for a retail sale which can be determined better with IoT and Big Data Analysis. 4. Revenue Opportunities…

information I have accumulated throughout this semester. The career that I have chosen upon is marketing in the luxury retail market for clothing, preferably Yves Saint Laurent. I would like to be a Marketing Executive focusing on brand management and product development. I have learned that what makes me unique is my analyzation skills and my ability to understand people at a deeper level (Dr. Ozcam). These skills are quite important in a career in Marketing in which understanding the…

business, everyone always wonders why this product is successful and that is unsuccessful. There are many reasons to answer for this question such as the different weather, condition, and quality; but everyone forgets the important elements are the customer behaviors and needs. There is the truth that the consumers will decide the survival…

Coercive Shopping Site, smell and hearing senses can easily be distorted to be abused by retail anthropologist, but can there be a positive aspect? Even the sense of touch is changed, not with physically touching items but rather the coupon paper in the hand of the consumer. Senses are used to help consumers with decisions and distorted to make them believe they are doing what they really want. Tricked into buy something the consumer does not need and helping them get things easier and…

substantially more products so they can take part in price competition and still be profitable. The Outdoor Industry Association estimated that consumers spent $120.7 billion on outdoor recreation products in 2012.1 Based on that estimate,…