World Economic Forum

To : David Kohler, VP of Product Development From: Aadit Sheth, Leading Life Insurance Company Date: Subject: Long Term Care Insurance Mr Kohler, I am writing to inform you about a new insurance product which I learnt about at the conference I attended last week, as a representative from our firm. The insurance product is actually very innovative and I was amazed at how useful this product would be for our firm as it could enable us to attract a great number of customers. The product is…

International Business Strategies The following paper will address and explain international business strategies and the various ways companies use business strategies to achieve international success. The paper will explain the benefit international business strategies create for companies and the importance for companies to use the correct strategies according to their overall company strategy. Overview of International Business Strategies Companies and individuals must have a plan in…

international economic institutions makes the study of political economy more relevant all the time. This paper begin by defining what political economy is because it is a term that is used for a wide variety of subjects and specifically defining this term is necessary as it will be to set the context of this paper. The paper will then be divided into two sections with the first section arguing that political economics should not be analysed by making distinctions between political and economic…

Within the capitalist organisation of economics, the expansion and growth of regions and respective industries can be attributed to the economic factors of scale, scope and agglomeration. The central aspect of these principles lie from the spatial application of businesses to their surroundings and the adaptions within the internal and external mechanisms (Dixon 2014). Territorial development is not just limited to the spreading of production but the controlled spatial expansion in a frame that…

In order to advance humanity, the unfit should be allowed to die off. This was viewed as a natural progression, and government intervention was not and could not be tolerated to stop a natural state of affairs. In this setting, the desire for economic wealth and social success led to misusing both Laissez-Faire philosophies, which stress the fair use of market principles, and…

Business Review, 79(1), 47-55. Pearce, II, J. A., & Robinson, Jr., R. B. (2015). Strategic Management: Planning for Domestic & Global Competition (14th ed.). New York, NY: McGraw Hill Education. Samuelson, W. F., & Marks, S. J. (2015). Managerial Economics (8th ed.). [Vital Bookshelf ]. Retrieved from…

Assistance for the Needy Families (TANF) that is a federal program the benefits consist of a 60-month limit for a cash aid benefits for recipients. Generally, each state has their own guidelines for the TANF; however, the requirements may differ, due to economic factors. The TANF program, should also meet the federal work participation requirement (WPR). This is a mandated work performance requirement for states that have a TANF program. TANF program was created to empower individuals and…

I agree with the suggested answer, as for a business person monopoly power is an opportunity for him/her to maximize their profit in their business because there are no close substitutes, no rivals, and barriers to entry prevent other firms, all this will help the firm to earn positive profit an average rate of return for a relatively long time. Here the demand is inelastic to price which means demand will not change much even if we change the price, all these reasons are prefect for a…

The start of equality between men and woman started in 1848 with the Seneca Falls Convention, which gave the woman the right to vote. Although, the world has changed since 1848 the equality between men and women is still present. When the men went off to war and the woman took over their jobs, that was when “woman gained a footing in the business world” (Hackamack and Solid). My motivation to write about this is from a movie and a commercial. The movie was saying how woman should dress and act…

Long term care involves treatment held by nurses, practitioners, dietitian service workers to support eating habits and needs. The physicians of a specialty and or counselors are also working in this model. Some therapists are also assigned to support the elderly in life progression and decision making. These people hold vital roles in helping people cope with life and receiving the continuing care of a person whom cannot no longer care for him/herself at a personal base or in a crisis or having…