The Great Depression Causes And Impacts

Introduction The Great Depression was a worldwide economic decline which occurred in 1930’s. It was the longest period of unemployment beginning from 1921 to 1930s. It was majorly caused by the drop in the stock values which saw many stockholders loosing large amounts of money. Many Banks, factories and stores closed and left millions of Americans jobless and vulnerable of the effects of poverty. Most families which were initially independent had to survive on charity donations as people became jobless. The effects of the Great Depression had worldwide social, economic, and political impacts. ...

Marketing Communications Plan Memo

A marketing communications plan is a written document that outlines various marketing strategies or approaches, tactics and activities that are to be carried out by an organization in order to ensure that the desired marketing messages or information reach the intended customers at the most appropriate time. A marketing communications plan usually outlines the approaches to be used when delivering information to target consumers. It also sketches out the schedule of activities to be carried out during the conveyance of marketing messages to customers. In addition, a marketing communications pl ...

Morality and Legalities

In business, legal environment refers to the appropriate laws and guidelines under which the business functions. Ethical environment, on the other hand, refers to expected business code of conduct in relation to the society and the whole organization (Simply_coool, 2009). In general, society can advocate for and pass laws that indicate what a business may do and may not do. The ethical laws are to govern business operation and if broken, sanctions may be applied. State of Our Legal System in Terms of Ethics The necessities to organize, order and form legislation on behavior at personal, busi ...

Merit Pay at Precision Manufacturing

Precision Manufacturing is a company that produces machine parts. It can be stated that Precision Manufacturing is a significant player in this particular industry because it employs 250 employees. In order to remain competitive, the corporate leaders appointed Jackson Smith, the new compensation manager, to implement a merit pay program which is linked to the company’s performance appraisal process. Upon closer examination of the problem’s context, the recommendation was to modify and enhance the company’s performance appraisal process in order to develop a merit pay program that would motiva ...

The History of the USA

The Scopes Trial 1925 In 1925, biology teacher John Scopes prosecuted of breaking the law that forbade the teaching of evolution in Tennessee’s state-supported schools named as Scopes Monkey Trial. In this legendary case, politician and fundamentalist William Bryan and attorney Clarence Darrow battled over the right of a public school teacher to read aloud to his class a passage from Charles Darwin’s Origin of the Species in deliberate violation of local law. Although, the Scopes case focused on the conflict of evolution versus creationism, other social, ethical, and religious issues also sur ...

The Industrial and New Imperialism Era

How did Americans respond to the changes of urban, industrial life between 1870-1910? Identify THREE different groups, explain who they are, and explain their responses. After the civil war, the USA emerged as the industrial giant and industries such as the steel industry, electrical power and petroleum refining expanded. During this economic prosperity not everyone enjoyed the period; the situation of low pay led most workers to join groups and labor unions. Different groups reacted to industrialization differently. The middle class After the emergence of the industrial era, there emerge ...

Optimizing Operations

Business organizations are constantly searching for effective sources, which may help optimize their operations. Automation and outsourcing are considered to be rather important tools in that process. Automation was implemented by special techniques and equipment during the Industrial Revolution, when manual labor was substituted by machines. A great amount of workers lost their jobs because of automation. There were hundreds of thousands of people who resisted automation. Since then, automation has involved different techniques and equipment with the aim to control and optimize the company ...

Value Chain Analysis

Michael portal explains that a business is composed of a series of value adding processes that are integrated to make business activities successful and profitable. According to portal, these activities are interrelated and they are important component that a business can use for its own advantages but they can also be as cost disadvantage if they are not properly managed. He identified two categories of the value chain analysis namely the basic and the support activities. Primary activities are the inbound logistics, operations, outbound logistics, marketing and sales activities and servic ...

Corporate Governance and Financial Regulation

The term corporate governance arose in the 1970s in the United States after the discovery that major American corporations had engaged in secret political contributions and corrupt payments abroad. Corporate governance can be defined broadly as a set of processes, customs, policies, laws, and institutions (Volpin 2002, 61-65; France 2002, 37-47). These affect the way in which a corporation is controlled, directed and administered. It has to do with the relations and specifies the distribution of rights and responsibilities among management, shareholders, board of directors, and other principal ...

Consumer Report

1.0. The purpose of this report is to identify how the fashion apparel in the United Kingdom works. This report will adequately show the various market segments that are available, and opportunities to be exploited in these markets. It is needed in order to be able to tell the difference between the various fashion market segments so as to enable them to take full advantage of these segments without exploiting the people. This report will also highlight the sensitization of fashion companies about how to attract customers by using efficient market segmentation to add to turnover (Clamp, 2004). ...