Gross profit

Economic growth is the change of national income usually measured by real GDP(gross domestic product). Economic growth rates have fluctuated over the years and closely been related to economic construction and expansion regarding employment, inflation. Especially, sustainable, high economic growth is one of main objective pursued by most of governments. There is global hot issue associated with economic growth. Recently, China recorded 6.8% of GDP which is lowest figure since 2009 and has…

From the profit maximization or individualism theory point of view, every business when making the profit must consider the human right and the law. In this analysis, we will assume that Wal-Mart is guilty since it ignored the well being of everyone and anything in order to maximize its profits. In addition, there is substantial evidence that Wal-Mart paid bribes to a foreign official. Therefore, even the profit that they received unlawfully will not qualify…

The Best Market Structure to Trade a Business With A market structure can be defined as the nature of competition in the market for goods and services. In a market structure, the nature of goods and services is determined by competition. There are four types of market structure, which include perfect competition, oligopoly, monopoly, and monopolistic competition. A proper use of product promotion methods, following a well business ideas, as well as good use of business strategy leads to a good…

Our new client, the hotel’s owner, was waiting for us as we walked into the lobby for the first time. He appeared tired and frustrated. He said, “Please help me get back my successful hotel.” His 235 unit, full service hotel had had its economic rug pulled out from underneath. This two story property was built on a site selected for its proximity to a large GM manufacturing plant. As a result, our client had enjoyed two decades of profitable RevPAR. Each week a small army of suppliers,…

In this case, each firm maximizes profit by paying K and L their marginal products, without offering any additional payment for their contribution to technological progress. Learning by doing formed the basis of the first model of endogenous growth theory, which is known as the AK model. The AK model assumes that when people accumulate capital, learning by doing generates technological progress that tends to raise the marginal product of capital, thus offsetting the tendency for the marginal…

that firms (organisations) subsist and make decisions in order to maximize profits. Trade work together with the market to establish pricing and demand and then distribute resources according to representation that give the impression of being to maximize net profits. The principal goal of an organization is value maximization. The value of a firm is determined by the long-term confrontation of managerial decisions on profits. 'Principal-Agent Problem ' is the conflicts of interest and…

What Is the True Cost of For-Profit Schools? It was a typical Thursday night for 29 year-old Dane Lockman. The single father had just put his son to bed and was flipping through late night infomercials, looking for something to pike his interest. Suddenly, a captivating advertisement for Westwood College of Atlanta filled the screen. As Dane listened to the sales pitch, he felt the burning desire to pick up the phone and call the number on the screen. He could do this! He could be the first…

economy determines how goods and services are to be distributed, it determines how buyers and sellers are to relate by introducing a variety of goods and service, A lot of resources and competition to equalize the existence of economic actors. GDP Gross domestic product (GDP) is the value of finished goods and services produced within a country in a specific time period usually one year. It measure the national overall economy. Calculating GDP GDP = C + G + I + NX…

the change in earned surplus. Thus national saving is the sum of net worth of all economic units, estimated as a surplus income over expenditure and consumption. Incase of backward countries savings still remain very weak. As savings emerge from profit earned by the people. It has been distributed for the factors of production as surplus income over expenditure. The excess of income after meeting the consumption constitutes from individuals point of view as an amount received for meeting out…

Degrees Students of for-profit colleges are only 11% of America’s higher education population yet they account for 44% of federal student loan defaults because the value of their degree makes them the least desirable to be hired by employers (Harvard Law Review, 2015). This is also a product of aggressive recruiting techniques that target military members by offering a fast, convenient path towards an accredited degree. As it turns out, a degree awarded from a for-profit or “degree mill”…