The literature on the impact of stock prices directly related to the stock market in South Africa is limited however South Africa's stock market is classified as emerging and the studies on the oil price impact on emerging stock markets are slowly increasing since there is abundant research on the topic for developed markets already. Many of the scholars that have researched the topic also focused on South Africa as an emerging market. This chapter follows with both a theoretical review and a...
The use of alcohol as drink is an age-old story in India and it appears that the technique for fermentation and distillation was available even in the Vedic times. It was then called "Somarasa" and was used not only for its invigorating effect but also in worship and medicinal uses. To date, not only has the consumption of alcohol been continued but it is an integral part of the Ayurvedic system of medicine. The First distillery in the country was set up at Carwnpore (Kanpur) in 1805 by Carew...
This essay will assess the performance of the Bretton Wood system which was first established in 1944 by 730 delegates from all 44 Allied nations who gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire, United States, and began an international control of global monetary relations between nations. The essay will show that the system has been relatively successful and contributed towards the development of global free trade amongst nations and helped prevent the kind of econ...
We are a lucky generation. We are the ones chosen to raise questions that remained mystically under the waters until the storm of recession hit us. It taught us how to swim. We came out of it; stronger, wiser and more resilient. However, we are still learning, maturing, searching for answers. Today the world economy, after witnessing the greatest hit in 70 years, is wondering what life will look like after the storm has settled. It is grappling with fundamentals of unemployment, burgeoning in...
In this paper we examined factors affecting the strategic decision on market entry facing Wal-Mart, one of the largest United States retailers, and topping the US fortune 500 list in 2002 (Wal-Mart 2012) and introducing a dedicated operational segment named Wal-Mart international, in its effort to expand its international presence outside it home market. The International division of Wal-Mart is focused on achieving aggressive growth with the maximum return on investment, the Wal-Mart annual ...
Market Structure is the one of the important elements to understand how market will function determine the behavior of firms in the market and the outcome that will be produced by the market. In economics term, market structure is the number, size, kind and distribution of buyers and sellers. According to Porter (1985), another tool to analyse a company's market structure, which includes the bargaining power of buyers, bargaining power of suppliers, threat of new competitors' entering into th...
INTRODUCTION Malaysia is a federation of 13 States and the Federal Territories of Kuala Lumpur and Labuan. The Federal Constitution contains special provisions regarding sources of revenue that are assigned to the Federal and the State governments.Sources that are assigned to the State governments include revenue from land, forest, entertainment, mining, water supply, bank interests, returns from investments, fines including forfeitures (other than imposed by Federal Courts) and fees for lice...
INTRODUCTION Every country in this world has its own economic to develop their country and to rich their country. Each country has their own economic goals to improve their economic conditions. There are four major economic goals are price stability, economic growth faster than population growth, low unemployment of resources and equitable distribution of income and wealth. Every country, through its government, will endeavour to achieve this economic. It is very importance for every country ...
We use the knowledge learned in microeconomics to introduce you to the European Union from 2010 to 2020 the agricultural sector of conversion to non-agricultural sectors. And we used charts and examples to confirm our theory. Microeconomics is closely related with our real life , through our report , you can very clearly understand the price , quantity , production efficiency of these factors is how to affect the purchasing power of consumers and the EU government is how to adjust the merchan...
Summary This article is about the growth retails sales and the decline of car sales and luxury goods in Singapore. The Singaporean Department of Statistics reveals that retail sales have increased considerably. This economic trend has been acerbated by the tight labor market that has considerably supported the consumption of daily basic and household utilities. The tight economic situation has led many people to shy away from purchasing luxury goods and instead concentrated on retail products...