Nashville International Airport

1.0 Introduction Located on an excellent location, Singapore’s major sea lanes and its productive population have given the country and economic value in Southeast Asia. After her independence, the economy faced decline due to her scarce natural resources. However, with the right implantation and policy, Singapore’s economy has seen rapid development, with a healthy growth of GDP. Given her scarce natural resources due to its small area, Singapore’s competition advantage lies in her human…

Article that I chose is about raising of indirect taxes on cigarettes in China. This is an example of government intervention in order to try to reduce smoking in China. Cigarettes are a demerit good. Demerit goods are any goods with negative externality of consumption, which means that demerit good is a good that has a bad impact on consumer and society. The market for cigarettes is perfect example of market failure. MSB- Margin of social benefit MPB- Margin of private benefit…

Conventional thought dictates that Capitalism and Democracy are to go hand-in hand, and since the Second World War, both have been the cornerstones of Western society; the free market is supposed to bring about the existence of a free society. While in recent years, both Capitalism and Democracy have experienced their own “Renaissance periods” in which both ideals have—for the most part—flourished, it now appears that the union between Capitalism and Democracy is being challenged, as the…

Nike is one of many businesses that utilizes globalization to thrive in the free market. The business is not contained or restrained by any specific geographical, ethnic, religious or market areas but it covers the entire globe to sell, hire and manufacture their products. It soon becomes obvious that one of the ways in which a business such as Nike can reap benefit of its reach and size is by taking advantage in differences between various regions around the world. The story of Nike is a…

The importance of the oceans and seas are essential to running a trade that can bring improvement economy of a country, for trade in goods globally and maritime transport activities. International trade has been increasing the number of negative impact of the increase in the exposure and vulnerability of international shipping. These problems have caused a potential target for piracy, armed robbery and other crimes (Rodrigue, 2013 as cited in United Nation, 2014). Ayto (2005) asserts, “The word…

African market, a deliberate attempt to comply with the legislative framework, a Black Economic Empowerment consortium made a 25.01% equity purchase in Dimension Data South Africa. Following that, was a period of expansion, and the consolidation of international presence across several geographies from 2007-2009. The ongoing progress of their 'Profitable Growth' strategy, first introduced in 2005, was also paying handsome dividends. In the 2009 financial year, Dimension Data showed strong…

profile of consumers has affected their buying behaviors and habits. As a result of this, new marketing strategies have been developed. Additionally, modern marketing concept prevailed the market instead of traditional one. Both in national and international arenas, marketers are always inclined to the areas which will make a difference between them and their rivals. Therefore, in order to be able to understand consumers, marketers need to analyze the consumers’ behaviors and arrange consumer…

Introduction Professor Michael Porter's work on Competitive Advantage of Nations is greatly influential yet tendentious (Davies and Ellis, 2000) which evoked considerable interest and eager debates that was met with contrasting views. This essay will discuss the concept of Porter’s Diamond alongside his theory and framework, accompanied by the academic criticism this model has attracted to find out why so much emphasis was placed on the diamond framework. Porter's Competitive Advantage of…

E INDICES 1. Trade Complementarity Index The trade complementarity (TC) index provides significant information on opportunities for intraregional trade. It shows how well the structures of a country’s imports and exports match. It also has the feature that its values for countries considering the formation of a re-gional trade agreement can be compared with others that have formed or tried to form similar arrangements. Where xij is the share of good i in global exports of country j and mik…

here. The Lujiazui Finance and Trade Zone is planned to be the new commercial heart of the whole city, and an extension of the Bund – the financial core of Shanghai that lies across the Huangpu River from Lujiazui (Lang , 2005). In 1992 an international urban design competition was…