The Financial Crisis Of 2008 Essay - 1740 Words

The financial crisis of 2008 was one of the worst recessions in American history since the Great Depression. During the financial crisis of 2008, big banks lost their money, the stock market crashed, people lost their houses, and the value of loans plummeted. The financial crisis of 2008 was a crisis in value for the financial market, which bled into the economy of the country. The way that the system of banking was set up made the economy of the country extremely vulnerable to any risks taken in the financial market. In the end, the government had to step in to bail out banks and to create policies to upturn value into the economy. In this paper, I describe the financial system that was in place, which caused the crisis of 2008, and suggest that a regulatory system is established to decrease bank sizes and remove the shadow banking system in order to avoid a similar devaluation in the future. There are several factors that caused the financial crisis of 2008. The first factor consists of the banking fractional reserve system. With this system, banks only have a fraction of the money they loan out. This makes the bank system extremely vulnerable, because if enough people are trying to take their money out of the bank or if enough people can not pay their loans, the banks can become bankrupt. To make matters worse, the banks were so large that they were even larger than the Gross Domestic Product of the United States. The Gross Domestic Product is the sum of consumption,Show MoreRelatedThe Financial Crisis Of 20081384 Words   |  6 PagesThe turmoil in the financial markets also known as the financial crisis of 2008 was considered the worst financial crisis since the Great Depression. Many areas of the United States suffered. The housing market plummeted and as a result of that, many evictions occurred, as well as foreclosures and unemployment. Leading up to the financial crash, most of the money that was made by investors was based on people speculating on investments like real estate, stocks, debt buying, and complex investmentRead MoreThe Financial Crisis Of 20081747 Words   |  7 PagesThe economic crisis of 2008 was one for the ages, it changed the world of investing forever. That year, the stock market crashed, bank failures and the infamous wall street bailout that can all be traced back to the subprime mortgage crisis.. The 2008 economic crisis rocked the global economy for the worst, and to this day the United States is trying to recover from the impact that the crisis had. In order to understand why exactly the banks failed people have to understand the subprime mortgageRead MoreThe Financial Crisis Of 20081817 Words   |  8 PagesThe financial crisis of 2008 did not arise by chance. The meltdown was precipitated by systematic striping away of the New Deal era policies of bank regulation. Most notable of these deregulatory acts was that of the Gramm-Leach-Bliley Act of 1999. This bill repealed the legislation which held commercial banks and investment banks separate. As the beginning of the 21 century approached many bankers clamored for an end to the policy of the â€Å"firewall† between Investment and commercial banks. Gramm-Leach-BlileyRead MoreFinancial Crisis 20085972 Words   |  24 PagesCORPORATE FINANCE THE GLOBAL FINANCIAL CRISIS 2008 Group’s member:Nguyá »â€¦n NhÆ ° Nam (C)Phan Thu AnNguyá »â€¦n Thà ¹y DungHoà  ng Bà ¡ SÆ ¡nNgà ´ Thá »â€¹ à nh Tuyá º ¿tDate: 28/11/2014 | AbstractIn 2008 the world was fell into the worst financial crisis since the Great Depression of 1929-1933. Although this crisis has gone, however, its consequences for the economy of many countries is very serious, even now many nations are still struggling to escape difficulty. Just in a short period, the crisis originating from AmericaRead MoreThe Financial Crisis Of 2008 Essay2044 Words   |  9 PagesThe 2008 financial meltdown resulted in the most treacherous investment landscape observed since the great depression. The most notorious issue was the subprime mortgage crisis, which had a ripple effect felt through every market in the world. The banks, whose leverage rate should never have been higher than two times capitalization, surged as high as thirty to forty times market cap. With this level of exposure, any unforeseen market fluctuations could mean disaster. Lehman Brothers, the oldestRead MoreThe Financial Crisis Of 20081125 Words   |  5 PagesA mortgage meltdown and financial crisis of unbelievable magnitude was brewing and very few people, including politicians, the media, and the poor unsuspecting mortgage borrowers anticipated the ramifications that were about to occur. The financial crisis of 2008 was the worst financial crisis since the Great Depression; ultimately coalescing into the largest bankruptcies in world history--approximately 30 million people lost their jobs, trillions of dollars in wealth diminished, and millions ofRead MoreThe Financial Crisis Of 20081689 Words   |  7 PagesOur society seems to doing well since the financial crisis of 2008. The country is recovering from the Great Recession, unemployment is down and the global domestic product is up. People have jobs and are paying taxes. President Obama lowered our budget deficit and promised to make healthcare more available to all. On average, America is well on its way to recovery. But what about the people that slipped through the cracks of the financial stimulus pl an? These are the people that lost their jobsRead MoreThe Financial Crisis Of 2008 Essay2553 Words   |  11 PagesWhen you think of the 2008 financial crisis that affected not just the US economy, but the world as a whole, most average middle-class Americans won’t really know what triggered this economic disaster. Most will probably blame, and rightfully so, those large corporations on Wall Street. These corporations, which deal with insanely large amounts of money, will always be wary of their stocks decreasing. But they also know that 99% of the time, everything will go back to normal in the future. What theyRead MoreThe Financial Crisis Of 20082083 Words   |  9 PagesEver since the economic virus called â€Å"negative interest rates† scattered over European and later Japanese banks, our economic system has been the most unstable since the financial crisis of 2008. The virus, negative interest rates, is a concept in which the central bank charges interest in bor rowing money and holding an account. It was brought forth in efforts to increase economic growth by giving commercial banks a tax on the large amount of reserves they hold in the bank. In other words, commercialRead MoreFinancial Crisis of 20081794 Words   |  8 PagesThe Financial Crisis of 2008 was the worst financial crisis since the Great Depression, however a lot of American’s want tougher law of be enforced against executives and companies they think started the mess (Jost/Misconduct). Civil charges have been brought up against major banks for misleading investors, but a federal judge rejected a proposed settlement saying it was too lenient (Jost/Misconduct). The flood of subprime mortgages roiling the housing market in the U.S. is also causing the worldwide

Who Is A Dream - 1300 Words

A dream is not something that you see in your sleep, a dream is something that does not let you sleep†, this quote made me more determined to achieve my goal of doing my Master’s in Industrial Engineering in a renowned university and contribute to the ever exalting progress of mankind but in a way beneficial to nature as well. I love solving puzzles, get involved in brain storming sessions, prosecute unyielding problems and in the end I want to create things that thousands of people are going to use and love. Things which assist them knowingly or unknowingly and it would be honourable for me to be involved in the creation of such a new intellectual property During my school days, I have shown very keen interest in the subjects of math and science, these subjects challenged me with new unknown rudimentary concepts, understanding them was fun and crucial. Hence, it has enhanced my analytical and quantitative skills. These are my area of strength which has helped me very strongly in acquiring 86.88% in my tenth grade. Given my love towards science and technology, pursuing study in the engineering field was almost like a natural consequence. Having decided to do my major in mechanical, I only had to choose an elective in my twelfth which will help me achieve it. So, I felt taking up Electronics which will make me more versatile and familiar with Automation, which is the current trend. My passion drove me to work hard and score 83% in my twelfth. In continuation of my lust forShow MoreRelatedWho Is The American Dream?1490 Words   |  6 PagesAmericans because they often think of The American Dream as a way or path to greater times. The American Dream gives hope for Americans because it gives them freedom, hope and it also encourages us to achieve goals that will make our life a lot easier in the future for future generations and ourselves. A real life situation of the American dream, for example is like other people from other countries coming to America to find jobs to support their families, build new ones or simply have a better lifeRead MoreWho Is The American Dream?1650 Words   |  7 Pagesto be the American dream. I must have inherited that dream for my mother; she came to the United States from Mexico when she was merely 15 years old. She came to pursue the same dream; she wanted to have the opportunity to achieve wealth and success. Growing up in a traditional Hispanic household is something I will always cherish, but a characteristic of Hispanic culture is the mindset that women were made to be housewives and mothers. This trait blended in with my American dream, I thought as a childRead MoreWho Is The American Dream? Essay1679 Words   |  7 PagesAmericans because they often think of The American Dream as a way or path to greater times. The American Dream gives hope for Americans because it gives them freedom, hope and it also encourages us to achieve goals that will make our life a lot easier in the future for future generations and ourselves. A real life situation of the American dream, for example is like other people from other countries coming to America to find jobs to support their families, build new ones or simply have a better lifeRead MoreWho Is The American Dream?1326 Words   |  6 Pagesachieve success and certainly no way to achieve the American Dream. Critical to ensuring any chance of achieving the â€Å"American Dream† in this day and age is to obtain a college education. Although it is possible to attain without attending college, it is extremely unlikely. For those with an education, the dream still at least has a pulse. For the majority of people who either do not think they need an education or cannot afford one, the dream probably lost. Adults are often saying â€Å"when I was a kidRead MoreWho Stole The American Dream?1108 Words   |  5 PagesAre we chasing after a dream that no longer exist? While reading Who Stole the American Dream? by Hedrick Smith and The Next America by Paul Taylor, I started to ponder this concept of the American Dream. The American Dream has been central to America s identity for centuries now, it is a concept in which people have the freedom of opportunity for prosperity and success, and through hard work the ability to move up in social class. In Smith s book he argues that due to th e consolidation of wealthRead MoreWho Stole The American Dream?756 Words   |  4 PagesMy Critique In Who Stole the American Dream? Hedrick Smith paints a clear and accessible but grim portrait of how economics, politics, power, and democracy have vastly changed in the United States. I agree with Smith that wealth and power inequality are extremely harmful. That a few individuals have prospered at the expense of the many is extremely unethical and unjust. I appreciate his critique of the current system, and historical perspective regarding how democracy has been systematically andRead MoreThe American Dream : Who Are You?1396 Words   |  6 PagesWho are you? This is a question many people struggle with, as Identity is key in today’s society. Knowing who you are, what you identify as, or your ancestral lineage speaks volumes about how an individual will be treated due to public perception. For example, America is a growing world power that has strong social, economic and political influence on the world stage. It is this status symbol that many Americans identify with, irrespective of race, gender or sexual orientation. Identifying as AmericanRead MoreEssay on Children Who Have a Dream900 Words   |  4 Pages In 2001 the Dream Act bill was introduced to congress. Over the past ten years there has been a major conflict between Democrats, who are for passing of the bill, and Republicans, who are against passing this bill. This has lead to it always being defeated because it has not been able to receive the two-thirds majority vote that it needs to be passed. The most recent failed vote of this bill was December of 201 0. The DREAM Act is also known as the Development, Relief, and EducationRead MoreWho Has Access to the American Dream1152 Words   |  5 PagesResearch Essay: Who has access to the American Dream The American Dream originated in the early days of the American settlement, with mostly poor immigrants searching for opportunities. It was first manifested in the Declaration of Independence, which describes an attitude of hope. The Declaration of Independence states: â€Å"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, LibertyRead MoreEducating Students Who Still Looking For Dream938 Words   |  4 PagesTeaching in a correct way to students who still looking for dream As a common student who studied in high school in U.S and China, I strongly concerned that the educational purpose in both countries have been far away from the original purpose of education. As one of the students who have a dream, the thing is, I strongly recommend that we need to improve our educational quality and enable the basic purpose of education return to our school. As the matter of fact, the basic educational purpose for

Professional Ambition And Masculinity Professional...

Professional Ambition and Masculinity Professional ambition and responsibilities are usually time consuming, which leads to less family time. With professional careers, one has to prioritize their life and the needs of their family, by creating a balance between work and family concerns. Providing that the stigma associated with male says that they are bread winners and should be able to provide for the family s financial needs. Men are expected to be hardworking and demanding. While the females are responsible for the nurturing of the child, men often feel emasculated when the tables turn. Even though there s a change in the cycle and responsibilities of parents, they should be available to child in their times of need. White collared individuals should not impede family time; instead they should have a sense of evenhandedness. Therefore, professional ambition should be subordinated to family concerns, a parent should stabilize the period available by setting boundaries and creating schedules which they abide by. To demonstrate the importance of a balance of career and family is supported in A choice of Accommodations by Jhumpa Lahiri, and â€Å"Men at work and Balancing career and family an article by Elisabeth Pain. A choice of accommodation â€Å"and Balancing career and family speaks about the significance of family needs. Basically going against the tradition of the male being the dominant individual in the relationship who has all control, instead femalesShow MoreRelatedUsing Material from Item a and Elsewhere, Assess the Claim That Gender Differences in Educational Achievement Are Primarily the Result of Changes in Society1188 Words   |  5 Pagesnature of any problem. External factors such as the impact of feminism and girls changing ambitions could have a large influence on gender differences in educational achievement. Since the 1960s, feminism has challenged the traditional stereotypes of a womans role as mother and housewife within a patriarchal family. Feminism has also raises girls expectations and ambitions with regard to careers and family. These changes are partly reflected in media images and messages. A good illustrationRead MoreThe Women s Movement Our History Essay1428 Words   |  6 Pagestheir work in factories and shipyards challenged the gender norms of that time period, and thus paved the way for future generations to come (â€Å"The Women’s Movement—Our History,† 2005). Today, in lieu of Rosie the Riveter, women and girls have many professional role models to look up to. Nonetheless, it remains imperative that the structure of the workplace changes to accommodate a more balanced gender ratio, but this is no t always possible within the current patriarchal framework. Gender equality inRead MoreAnalizing Gender Roles Essay794 Words   |  4 Pagesindividually and compare the similarities and contrast the differences between them. Veronica Coringstone (Christina Applegate) is a charming blonde female who plays the main role in , â€Å"Anchorman†. She is an intellectual and professional woman with many ambitions. It’s the 70’s, and it’s a time, when men, â€Å"ruled the world†. In spite of this, she has a goal to be the first female anchor on network television. In this film, she fights for equality of the genders and breaks the stereotype of theRead MoreEssay On Female Leadership874 Words   |  4 Pagesworkplace—barriers which have always existed in America--a Pew research study shows that for the first-time young women are surpassing young men in career ambition. According to Drexler, the study shows that 67 % of women put career success high on their list of life goals versus 60% of males; citing The Bureau of Labor Statistics which says just over half of â€Å"management, professional, and related occupation† positions are now held by women. The status of women in the workplace is seeing a significant change andRead MoreIs The Discrimination Against Women? Politics A Myth Or Is It Reality?1608 Words   |  7 Pagesor similar positions. These are described as â€Å"soft industries† and include health, education, and welfare. Rarely do women hold executive decision-making authority in more powerful domains or those that are associated with traditional notions of masculinity (such as finance and the military). Typically, the more powerful the institution, the less likely it is that women’s interests will be represented. Additionally, in more autocratic nations, women are less likely to have their interests representedRead MoreThe Feminine Mystique Theme Analysis2062 Words   |  9 PagesEssentializing can have these substantial effects by causing stereotype threats for people belonging to groups that are rigidly generalized. Since women were often seen as incapable of complex matters outside of the home such as education, politics, and careers, they conformed to society’s expectations of them by fulfilling their designated roles as housekeepers, wives, and mothers. As discussed in class lecture, people are expected to internalize and conform to their socially assigned roles even if theyRead MoreQuestioning Male s And Female s Reasoning Towards Their Particular Career Choice3153 Words   |  13 PagesChichi Emenike LBST4800 4.23.2015 After analyzing and questioning male s and female s reasoning towards their particular career choice, I realize that there was a certain pattern towards gender and career. Most male pursued what society depict as a masculine occupation such as doctors, architects, or technology based jobs. Meanwhile, most women pursed what society depict as a feminine occupations such as teachers, secretaries, assistance or nursing. The most shocking discovery is when men pursuedRead MoreCorporate Culture1466 Words   |  6 Pageswhere all individuals believe themselves superior to the organization. Survival can become difficult for such organizations, since the concept of an organization suggests that a group of like-minded individuals pursue the organizational goals. Some professional partnerships can operate as person cultures, because each partner brings a peculiar expertise and clientele to the firm. Hofstede showed that there are national and regional cultural groupings affecting the behavior of organizations. HofstedeRead MoreThe Second Shift By Arlie Russell Hochschild1881 Words   |  8 Pagesâ€Å"second shift† refers to the tasks done around the house after the initial work hours are through. Hochschild critiques how the American career system treats the â€Å"second shift†; she makes it clear that the working American society has yet to take the additional shift into consideration due to the already implemented structure it follows by. As Hochschild puts it, â€Å"the career system inhibits women, not so much by malevolent disobedience to good rules as by making up rules to suit the male half of the populationRead MoreFeminism in Mrs. Dalloway1341 Words   |  6 PagesApart from these frustrated, lonely women characters, Woolf portrayed the character of Elizabeth Dalloway as an example of the unconventional woman. She lacked the enthusiasm in the trivial feminine society of her mother. She had ambitions to have a career and a professional life. She has planned to be doctor, farmer, or to go into parliament. Lady Bruton is another character whose strong independence as a leader shows the movement towards tolerance of women being in power. Her taking part in politics

Body Dissatisfaction And Eating Disorders - 946 Words

Body image involves awareness of the form, shape, and size of one’s body (Cash, 2012). This includes both a perceptual awareness of one’s appearance and an attitude toward one’s appearance (Cash, 2012). Body dissatisfaction involves the attitudinal portion of body image, which refers to the extent to which a person is displeased with his or her body (Cash, 2012). Body dissatisfaction contributes to the development of eating disorders because when people are dissatisfied with their appearance, they are more willing to engage in self-destructive behaviors in order to lose weight (Skemp-Arlt, 2006). The relationship between body dissatisfaction and eating disorders is important because the majority of American women admit that they are unsatisfied with their own body shape or weight and thus are more likely to develop an eating disorder (Streigel-Moore Smolak, 1996). Personality is composed of many traits that together predispose a person to certain emotions, behaviors, and cognitions (Cash, 2012). Just as a person’s physical appearance is unique to him or her, personality is also unique to each individual. Although personalities can change and develop over time, they are seen as a combination of long-term traits that remain relatively stable across the lifespan (Cash, 2012). Personality traits are influential to almost all aspects of daily life, including the way that people perceive their bodies (Tylka Subich, 2004). Although several personality traits are likelyShow MoreRelatedEating Disorders, Body Image Gender Essay1721 Words   |  7 PagesRIGHTS (HE6) ASSIGNMENT EATING DISORDERS, BODY IMAGE GENDER Submitted to: Dr. Sivakami Muthusamy Centre for Health and Social Sciences School of Health Systems Studies, TISS, Mumbai. Submitted by: Pallavi Muraleedharan Enrollment Number: M2015HE018 Master of Health Administration (2015-17) Tata Institute of Social Sciences, Mumbai Date: 16/08/2016 INTRODUCTION Eating disorders, body image and gender remain as a very complex interlinked web. Eating disorders affect people from all demographicsRead MoreWhy Do Teens Suffer From Eating Disorders1596 Words   |  7 PagesOctober 20, 2015 Why Do Teens Suffer from Eating Disorders: Annotated Bib It is no new discovery that teenagers in America tend to have a conflict with eating disorders. This problematic issue tend to affect many young teens just as the people that surround them, those who care for them. People might stop to think why teens struggle so much with eating disorders or how can this issue be wiped out. The thing is people need to be well aware of eating disorders and there definition and try to find aRead MoreSocial Media And Its Impact On Society1224 Words   |  5 Pagespoor body image, body dissatisfaction, and more. Poor body image and body dissatisfaction can be the basis for development of an eating disorder. â€Å" The best known contributor to both clinical eating disorders and sub clinical cases of disordered eating is negative body image and high body dissatisfaction,†(NEDA). There are various types of eating disorders; â€Å"All feature serious disturbances in eating behaviors and weight regulation,† (Eating Disorders: More Than about the Food, 2014). Eating disordersRead MoreEssay about Movie Icons1614 Words   |  7 PagesClifford started the trend where the standards of beauty were set around 140 pounds, at 5’4† feet tall. Back then, the ideal female body is by having a smaller mid-section (e.g. hourglass ideal/corsets). Marilyn Monroe’s tiny waist and seemingly large bust line triggered female fans to start to engage more on physical activities. The outburst on slender-looking portrayal of body-image began in early 1960s (e.g. Fashion icon, Twiggy). Most western societies experience enormous pressures on individuals toRead MoreSymptoms And Symptoms Of Anorexia Nervosa1186 Words   |  5 Pagessuffering from bulimia. The Diagnostic and Statistical Manual of Mental Disorders (5th ed., DSM-5; American Psychiatric Association, 2013) diagnostic criteria includes: Persisting binge eating episodes, reoccurring behaviors to prevent weight gain, both harmful purging behaviors and binge eating e pisodes occurring at least once a week for a minimum for three months, evaluating oneself solely or predominantly influenced by one’s body shape and weight, and finally the patient must not exhibit the aforementionedRead More The Medias Influence on Eating Disorders Essay example1100 Words   |  5 PagesMedias Influence on Eating Disorders The National Eating Disorders Association states that eating disorders are conditions that arise from factors including physical, psychological, interpersonal, and social issues. Media images help define cultural definitions of beauty and attractiveness and are often acknowledged as one of the factors that contribute to the rise of eating disorders (NEDA). The National Eating Disorders Associations website, The Effect of the Media on Body Satisfaction inRead MoreA Critique on the Thesis1383 Words   |  6 PagesA Critique on the Thesis: Shirley, C.C.S. (2004) The Relationship among Eating Attitudes, Slimming Behaviors and Perfectionism in a Non-Clinical Population, Hong Kong University e-theses data base This paper is to critique a thesis titled The Relationship among Eating Attitudes, Slimming Behaviors and Perfectionism in a Non-Clinical Population by Shirley, C.C.S. (2004).This thesis can be found on the database of Hong Kong University. This report mentions the slimming pheromone in Hong Kong, andRead MoreSports Media And Body Image1235 Words   |  5 PagesSports Media and Body Image Tia DeHaan The article Must See TV or ESPN: Entertainment and Sports Media Exposure and Body-Image Distortion in College Women by Kimberly L. Bissell and Peiqin Zhou examines how media promotes an idealization of thinness in college-age women. The study by Bissell and Zhou takes place at a southern college university in the United States, and compares and contrasts the entertainment industry and sports media on disordered eating and body dissatisfaction in college-ageRead MoreStudies of Social Media and its Effects on Adolescent’s Body Image 1166 Words   |  5 Pagesthoughts everyday. One of the top problems that boys and girls experience is the way they view their body; commonly referred to as â€Å"body image.† Our media-saturated world provides many teens with low self-esteem, eating disorders, and overall dissatisfaction with one’s body. With the help of parents, adolescents can understand the importance of sorting through the media and finding the healthy body imag es to look up to. Increasing amounts of media use is fueled by the growing availability of InternetRead MoreWomen and adolescent girls are exposed, daily, to the medias portrayal of perfect beauty. Being1600 Words   |  7 Pagesyoung girls portray their own bodies. This, in return, causes a drive for thinness which, ultimately, can ignite feelings of dissatisfaction which can cause eating disorders and poor health decisions. This epidemic has captivated many women and adolescents as they go to tremendous lengths to achieve what the media has defined as beautiful. Consequently, the media, and the distorted images they parade, is causing women and adolescents to become dissatisfied with their bodies. Women and adolescents girls

Management for General External Environment- myassignmenthelp

Question: Discuss about the Management for General External Environment. Answer: An organizations external environment refers to all the forces, factors, situations and conditions outside the organizational boundary that has significant potential to alter the operation of the organization in the market. This external environment is again divided into two by Robbins. They are general external environment and specific external environment. The former according to Robbins et al. (2016, p. 34) consist of the broad socio-cultural, technological, economic, political/legal and global conditions in the society in which the organization operates. He further explained that modification in general environment impacts organizations specific environment that is comprised of groups, individuals or organizations directly related. Furthermore, the general external environment is far greater for the organization to be controlled and organization have little influence on the general external environment. External environment of JB HI-FI JB Hi-Fi is an Australian retail store operating from 2002. It has now extended itself around Australia and has entered in online market. JB Hi-Fi deals with the electronic goods. Socio-cultural As the company deals only with the electronic products in both their brick and wall and online stores around Australia, it is easy for them to circulate their products. Technology has entered into the core of Australian society and culture. Their everyday life is highly dependent on the technology. Australians from their very childhood is accustomed with the electronic devices and use some kind of product (Adeoye and Elegunde 2012, p. 59). Moreover, Australia is a hub for international students and the number is growing over time. This plays positive factor for the organization. Economic Australia has an overall stable economic condition. The current GDP as per 2016s report is 1.205 trillion USD. It reflects the capability of Australians for availing the products offered by the company. Political Current political condition of Australia is stable. Their political and legal policies provide advantages to the business organizations of all kind. Australia is enjoying industrial burst due to their favorable political condition and legal policies. However, the upcoming election is likely to affect the retail industry. As evidenced in 2010 and 2013, the retail industry underwent turmoil in the ALP government. It left the industry in a state of limbo. Technological As discussed earlier, Australia has attained technological advancement. It is now an integral part of every Australians social life. Population of all age group takes complete advantage of the technology. Hence, it is unlikely for JB HI-FI to go out of business in this technologically advanced market. Moreover, the technological advancement of the country makes it easy for the company to transport their products. It further facilitates them in delivering products to their online customers. Impact of Political factor of 2016 on JB HI-FI The 2016 election in Australia had little impact on the Australian retail industry as compared to previous election. However, it was a tough tie for the retailers from the employment perspective. The employment opportunity for the retailers considerably fell during the time of election, which considerably affects the business and its profitability. However, the Australian Bureau statistical report denies the complete blame on the federal election alone as according to their report, there had been little slowdown due to it. References Adeoye, A.O. Elegunde, A.F., 2012, Impacts of external business environment on organisational performance in the food and beverage industry in Nigeria -British Journal of Arts and Social Sciences,6(2), pp.56-65. Australia GDP 20171960-2017 Data Chart Calendar Forecast News. Retrieved 23 Nov. 2017 https://tradingeconomics.com/australia/gdp Auzair, S., 2011, The effect of business strategy and external environment on management control systems: a study of Malaysian hotels -International Journal of Business and Social Science,2(13). Bryson, J.M., 2011,Strategic planning for public and nonprofit organizations: A guide to strengthening and sustaining organizational achievement(Vol. 1). John Wiley Sons. Crane, A. Matten, D., 2016,Business ethics: Managing corporate citizenship and sustainability in the age of globalization - Oxford University Press. Dam, L. Scholtens, B., 2013, Ownership concentration and CSR policy of European multinational enterprises - Journal of Business Ethics,118(1), pp.117-126. insideretail.com.au 2017, The election effect and retail - Inside Retai, Retrieved 23 Nov. 2017 https://www.insideretail.com.au/blog/2016/05/27/the-election-effect-and-retail/ Jb hi-fi Company 2017.JB Hi-Fi | JB Hi-Fi - Australia's Largest Home Entertainment Retailer, retrieved 23 Nov. 2017 https://www.jbhifi.com.au/ Robbins, SP, DeCenzo, D, Coulter, M Wood, M 2016, Management The Essentials 3e, Pearson Australia Group Pty. Ltd., Melbourne.

Circus

Circus-Circus Summary Essay Circus-Circus was an unprofitable business and a small time casino when William Bennett and William Pennington purchased it in 1974 for $50,000. With a new marketing program in place and a stock offering in October of 1983, the company was rejuvenated. What it has become is a hotel/casino that is targeted mainly towards middle income gamblers as well as family oriented vacationers, but has not strayed away from the high rollers that are found in most casinos. With the focus being on many market segments, along with its amusement park type atmosphere, this company can be categorized as a broad differentiator. Most recently, to go along with their amusement park atmosphere, Circus-Circus has broke ground into developing an aquatic environment that has beaches, snorkeling reef, and a swim-up shark exhibit. 2. ww1. Financial Ratio Analysis 199719961995A. Current Ratio 151,849/129,768124,380/95,532110,923/82,000 1.17 times1.3 times1.35 timesB. Total Debt to 1,694,739/968,161/826,424/Total Assets2,729,1112,213,503 1,512,548 62%43%55%C. Asset Turnover1,170,182/ 1,299,596/ 1,334,250/2,729,111 2,213,503 1,512,548 43% 59% 88%The results for current ratio are favorable. It states that Circus-Circus can pay off their short run debt with money to spare. Total debt to total asset is also favorable showing that they do not borrow much money that is listed as an asset. Asset turnover, however, is unfavorable. It was not as bad in 1995, but they are only making back about half of what they are spending. This is most likely due to the new aquatic addition they are putting adding. 4. Circus-Circus stock has been in somewhat of a slump since mid-March when the stock was at 26, but in June of 1998, had plummeted to 16.One of the main reasons for the drop is the rumor that Hilton Hotels has planned a takeover of the business. Talks had stopped between the two in March because Circus-Circus was asking for more than Hilton was willing to pay. There are rumors circulating that the talks will continue soon because Hilton now considers the offer to be just right. This will benefit both companies due to the competition in both the hotel and casino industry.